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Founder's Journal

Why I Would Invest In These Startups

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.8 • 1.1K Ratings

🗓️ 19 July 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Episode 17: Alex Lieberman (@businessbarista) runs through 10 startup ideas and determines why he would (or wouldn’t) take an investor meeting. These are real ideas that’s been pitched to him, and while some seem like viable businesses, he has to consider if they are solving a problem and have a substantial market. This is a great exercise to get into the minds of investors…it’s Startup Crossfit! Timestamps: (01:14): Idea #1 - 1 million kids climbing (02:21): Idea #2 - Business coaching firm by vets (06:25): Idea #3 - Catch up with friends app (08:32): Idea #4 - Retro tech your digital playlist (10:28): Idea #5 - Ice cream truck franchise (12:57): Idea #6 - End of life planning platform (13:29): Idea #7 - Tutoring marketplace (14:46): Idea #8 - Liquid Death of conversation starters (17:12): Idea #9 - Semi luxury bus company (18:38): Idea #10 - Marketplace for semi-private student coaching 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 Shopify here: https://shopify.com/crazyones 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.

0:04.6

This is Alex, and my job is to make yours easier as an entrepreneur.

0:09.1

On this episode, I'm trying something new.

0:11.3

I call it Startup CrossFit.

0:13.9

Now Startup CrossFit is inspired by a tweet that I put out a few days ago that absolutely

0:18.9

blew up.

0:20.0

The tweet was, respond to this tweet with a business idea.

0:23.0

I will tell you what I like about the idea, what worries me, and if I take an investor

0:27.5

meeting.

0:28.5

I can tell in 280 characters whether an idea is good or bad and why.

0:33.8

24 hours later, I had 555 replies on this tweet and 408,000 views.

0:40.4

So I decided to share some of the most interesting business ideas here on this episode, and whether

0:45.8

or not I think they have legs.

0:48.0

I have a feeling this is going to be a recurring format that you all love, so if you want me

0:52.6

to take your business idea through Startup CrossFit on an upcoming episode, send it to

0:57.2

me at Alex at MorningBrew.com.

0:59.7

Now let's do some CrossFit.

1:11.1

What do you think of when you hear the word entrepreneur?

1:14.5

A lone innovator pacing on a spotlight stage?

1:17.6

Sure, that's part of it, but entrepreneurs can only succeed with a trusted partner.

1:23.4

Find yours and Shopify.

1:25.4

They're the commerce platform revolutionizing millions of businesses worldwide.

...

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