10 Ideas for businesses to start for the bottom third of an industry
Underserved customers that have barriers to entry to specific products and services. Due to expertise, money, regulations or other factors.
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1. Using NLP solutions like GPT-3 to help understand complex law documents: EULA, Contracts, etc
2. Crowdsourced Short Term Affordable Loans to people who rely on PayDay Loans with low-interest rates
3. Crowd-Sourced Dating Service
4. Affordable Private Tutoring is outsourced to the world and has a bidding system like Upwork
5. Use OpenAI Codex to build a NoCode website for people who don't know how to code
6. AI Gym
7. All in One Market Research/Business Validation SaaS for Small Business
2. Recommends Niches and Subniches based on step 1
3. Audience identification - Identifies communities on social media. Searches for problems use and analyze sentiment
4. Integration to Survey System to get more user feedback
5. Problem is identified and a probable solution
6. Land Pages solution for soft validation, surveys/Analysis of similar solutions
7. Probability of Sucess score is generated: user feedback, research, Total Addressable Market (Niche and Subniche)
8. Enterprise-Grade Solutions that could be scaled to small businesses
Expensive
- CX/Feedback Systems
- Keyword Search Planner
Enterprise Centric
- Data Governance/Data Privacy/Metadata Tools
- Data Analytics/Cloud Platforms
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