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Founder's Journal

These 8 Business Ideas Were Pitched To Me. I Pick My Favorites.

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.81.1K Ratings

🗓️ 9 October 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Episode 52: Alex Lieberman (@businessbarista) runs through 8 ideas to see if they merit becoming full-on sustainable businesses. From Blinkist for podcasts to an AI-assisted memoir writer, Alex walks through his thought process as if he were an investor and gives an honest rating. Send us an email and let us know what you think of the idea! foundersjournal@morningbrew.com #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What's up everyone welcome back to another episode of Founders Journal. This is your host Alex Lieberman co-founder and executive chairman of Morning Brew

0:07.4

For those of you that are new to the podcast Founders Journal is my personal diary made public for the world today in the show

0:14.2

I am going to be running through a bunch of business ideas that people shared with me on the internet

0:20.8

I posted a tweet and I can't even call it a tweet anymore. I posted an ex-post that sounds horrible and a LinkedIn post

0:29.2

a few days ago it said what is a business idea that you think would crush I'll give it a score 1 to 10 and a little bit of feedback

0:37.0

And so I'm going to just randomly pick out some of the ideas that were shared with me walk through them

0:42.0

And my hope is that it helps you think through whether it's new business ideas or ideas that you have within an existing business

0:49.1

Hopefully you understand my process for vetting good and bad ideas. So without further ado take a listen to the episode

0:59.2

Being an entrepreneur means juggling a lot of competing priorities but reaching your target audience and driving sales should always stay at the forefront

1:14.2

Fortunately, there's one platform that can help you do both TikTok shop offers a powerful new way to sell and shop on TikTok

1:21.4

By creating shoppable content brands and businesses of all sizes can reach new customers and communities collaborate with creators and drive more sales

1:30.8

Users can discover products add to their cart and check out securely within the app

1:36.2

Experience the platform for yourself and join small businesses and huge brands like Revolve, L'Oreal, Paris and Otterbox

1:44.2

Head over to tiktokshop.com slash podcast to discover more that's tiktokshop.com slash podcast

1:59.4

Okay, we are going to run through some business ideas. This is totally unscripted

2:03.6

So I have no idea how many ideas we're going to run through but I'll just go as long as it feels interesting

2:09.9

And I feel like it'll be interesting for you and again my goal here is even if you are in brainstorming business to start tomorrow

2:17.5

I think the intellectual exercise of thinking through ideas because I think very few ideas are inherently good or inherently bad

2:26.5

It's more about what are the tools you use to vet those ideas and what are the questions that you ask yourself that you need to answer in order to understand if these ideas are good or bad

2:35.7

That's what I'm hoping you get from this exercise. I almost look at it like a version of working out for the brain

2:41.3

Okay, we have one from Alex Cohen

2:44.1

Alex Cohen shared

...

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