Phones out. Yes, really.
Every question lands on your phone. One tap, or one word. Then watch the whole room answer on this screen.
Every word on that screen is a business somebody could have built.Almost none of them will be. Here is why.
A product the market is already demanding. Real, and worth wanting. The trap is the order you go about it: cut the key first, then walk the hallway praying a lock fits.
Study the keyholes first. Find the shape that opens the most doors. Then cut that key. Same effort, completely different odds.
Neither will anyone being polite at a networking event. “I would totally buy that” costs them nothing to say.
The fix is not better pitching. Stop pitching, and ask what they did the last time the problem actually hit them.
Real and genuinely unpleasant. And they will complain about it forever without ever paying a cent to make it stop. Most ideas die here.
It costs them money, customers, or sleep tonight. They are already doing something about it. That is where a business lives.
People slept on strangers’ couches for years before anybody built Airbnb.The bad workaround always comes first. Go look for it.
A bagel gets crumbs everywhere. A banana is gone in a minute. The milkshake was thick enough to last the whole drive.
No focus group could have said that, because nobody thinks of a milkshake as commute equipment. They asked how to improve the drink. The job was the drive.
They were not selling a drink. They were selling a commute.
Open water. Just check why it is empty first. Sometimes nobody is there because nobody wants it. The good blue ocean is usually right next to a red one.
Same customers, same offer, everybody shouting. You can absolutely win here, but only by being sharply better at the one thing all of their customers already complain about. Hold that thought.
Studio G reads every answer. Name and email are optional, and only if you want Studio G and the Mike Loya Center to tell you about the next one.
is $5,000 a month. Rent, plus the freedom to stop asking permission.
Fifty salons, plumbers, and clinics within ten minutes of this room. A front desk that misses calls is bleeding a lot more than $100 a month.