Ok, that was pretty random, but I think it’s really interesting.
Follow me @SahilBloom for more business ideas, frameworks, and threads on…well…everything.
Cheers!
By the way, I think the most important part of this is making sure you establish a concrete and thoughtful structure for compensating the underlying creators.
No other curation platforms are doing it (that I’m aware of)—it would be a key way to stand out and get their buy-in.
If you want to start a business but you’re struggling to come up with a great idea...
Here’s a tactical approach for idea generation:
This approach leverages one of my favorite business frameworks:
Clayton Christensen’s Model of Disruptive Innovation
In simple terms, it says that innovators can win market share by serving a segment of the market that is over or underserved by the big incumbent’s offering.
Basically, upstarts can win market share by serving one sub-segment of a big market extremely well.
Provide the exact level of product/service needed and use it as a wedge to expand.
Ok, now let’s get tactical.
Here’s how you can use the framework to generate business ideas:
In the latest episode of Where It Happens, Eight Sleep founder @m_franceschetti tells us the crazy story of being rejected from YC twice and how he finessed the system to win.