Brief Summary
This video features Greg Isenberg interviewing a friend who shares three startup ideas. The ideas are based on real-world problems and trends, focusing on travel, social networking, and shared memories. The friend emphasizes the importance of using existing tools and platforms like Tik Tok and Instagram to validate ideas and build MVPs. He also highlights the potential of AI and automation in building and scaling these businesses.
- The first idea is a travel guide app that leverages Tik Tok and Instagram to curate hidden gems and local experiences for millennials and Gen Z travelers.
- The second idea is a micro social network focused on location-based connections, similar to Path, but with a modern twist.
- The third idea is a service that creates physical time capsules of shared memories, combining elements of Path and Clout to capitalize on nostalgia and personalized experiences.
Intro
Greg Isenberg welcomes his friend, a successful entrepreneur who sold a company for a billion dollars, to the podcast. The friend is sharing three startup ideas he has been working on.
Startup Idea 1: The Modern Travel Guide
The first idea is a travel guide app that caters to millennials and Gen Z travelers who prefer authentic, off-the-beaten-path experiences. The app would leverage Tik Tok and Instagram to curate local coffee shops, bookstores, and other hidden gems that are not typically found on traditional travel websites like Trip Advisor. The app would be organized by city and feature video carousels similar to Tik Tok, showcasing the atmosphere and vibe of each location. The friend suggests using no-code tools or AI to build the app and recommends using the Tik Tok API to extract trending local videos and Descript for transcription. He believes this app could become an SEO machine, attracting users who are searching for specific experiences in different cities.
Startup Idea 2: The anti-social social network
The second idea is a micro social network that focuses on location-based connections, allowing users to see where their close friends are traveling. The app would be minimalist, focusing on a simple feed that shows friends based on proximity. The friend draws inspiration from the social network Path, which was popular for its private, close-knit community. He believes there is a demand for a similar app in today's world, where people are constantly moving and traveling. The app could be monetized through subscriptions or by selling sticker packs, similar to Path's model.
Startup Idea 3: Time Capsules of Shared Memories
The third idea is a service that creates physical time capsules of shared memories. The friend believes that shared albums on platforms like iCloud are often neglected and that there is a need for a more tangible way to preserve and share memories with friends. The service would allow users to create personalized time capsules containing photos, memorabilia, and handwritten notes, which could be sent to friends as gifts. The friend draws inspiration from the social network Clout, which was successful in leveraging nostalgia to drive engagement. He believes that this service could capitalize on the human desire for nostalgia and create a unique and meaningful way to connect with friends.
