Selling bottled water. Door dash.
Entrepreneur
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Pool noodle
They sell higher end pool noodles at Costco now! Instead of the cheap ones for a dollar at the grocery store, they're made of like a dense foam that doesn't scratch you while you're floating on it
NoPhone Air was literally selling empty packaging as a joke yet had a net worth of $15 million as of 2021.
The pet rock .
Can we agree that whoever invented the pet rock is actually genius?
That one app that proceeded TikTok. The one where you lip-synced to popular songs.
Musically, I believe it was called.
Exactly
WeWork. Why would you pay money to work in a public space if you can just stay at home in a comfy sofa and not have to deal with all these distractions?
I always wished people would just use a library. We already pay for them and it would be a cool way to support your local library.
Coworking spaces where people can network to make friendships and business relationships instead of sitting home and alone... that doesn't make sense?
Its like you saying you don't understand why people go to bars when they can drink at home.
What you call distractions, most others call opportunity.
idk man i think he’s right we work went to a dollar and filed for bankruptcy
Eh, the networking at the wework locations I’ve been to was very lackluster
As someone who has worked on their own projects for more than 15 years, working from home can be very isolating. You think that you will fill your days with all sorts of fun activities but in reality everyone you know is at work so you end up spending most of your time alone. I've never done it as I've gotten used to being alone but I can definitely understand the appeal of co-working spaces.
In what industry have you worked that 15 years just from home?
I know everyone's used to home working now but I think there's value in going to a place that isn't home to work, be that an office, a coffee shop or a co-working space. I think it helps some people focus with fewer distractions and provides a divide between home life and work life.
Pet rocks
diamonds
Bitcoin. Heard you can buy a digital coin that has no use for only 20 cents. Why would I want a fake coin that can't be used for anything?
This comment strikes me as uninformed. The creator of bitcoin wasn’t an entrepreneur. It wasn’t a business idea, at all. It’s a technological experiment.
Bitcoin isn’t about “having a fake coin.” It was about a global, decentralized, (theoretically) secure and impossible to hack technology that would allow anyone in the world with internet to access effective banking services.
If I want to send money to someone in Japan right now, how do I do that? We both need banks, we both need accounts, I have to tell my bank to send money to his bank, it has to go through clearing houses, exchange rates, etc. And if there are political issues that prevent capital exchange, you can’t do it.
With bitcoin, the global network was decentralized and secure. That was the goal of it. Saying “it’s fake money” is just meaningless; ALL money that is not heavily commoditized, all fiat money, including US Dollars, are fake
The real problem with bitcoin, the reason that IMO it cannot ever become ubiquitous as an actual currency, is that it is deflationary by nature. Everything I’ve ever learned about economics tells me that deflationary currencies don’t work.
Couldn't you say this for any type of currency? It only holds power if the general public believes it does. Otherwise, why not just use the barter system.
Paving
Why is that a horrible idea? We seem to have lots of roads that need paving lol
I thought Microsoft would never make money in the software business. All the computer nerds I knew would pirate software and pass it around, I didn't think they would sell enough to make any money. I was wrong.
Tesla cars. Making cars is a very tough competitive business. Hundreds of companies have failed, some run by very smart guys. I was surprised they ever go into production, surprised they lasted more than a year or 2, surprised they have not been overtaken by old established companies like Ford and Toyota getting into electric cars, surprised they are still in business and making a profit. I know they get criticized for quality control glitches but it is amazing they can produce a car as good as they do.
Teslas days are numbered however. Now that the old established companies are making all electric vehicles and with Elon’s erratic bahvior I dont see a bright future. Tesla was useful in establishing an Electric car market and doing the heavy lifting of converting people to electric cars and for a longtime they were the only game in town. Musk was also seen in a better light. But things have been going down hill at an accelerated pace since the Twitter acquisition. People now would much rather buy a different electric car then support Musk
Meh, they'll probably fire Musk eventually, and if they do manage to ever pull off full autonomous-driving, that will be huge.
Although yeah, in the short term, electric cars are becoming fairly common and Tesla is basically just one of many options. Considering the CEO seems to be having some kind of very public mental breakdown, I wouldn't be very confident about buying a Tesla anymore (especially considering future software updates have a huge effect on their cars).
I still think they'll be around a long time though, or at least the brand name will be.
Netflix back when it was all done by mail. Why wait for a DVD to be mailed to you when you can just go to the video store right away?
As a car enthusiast, Turo horrifies me. Like I'm supposed to just rent my car to some stranger and expect everything to be ok?
Potato Parcel. Net worth $1.75M
I never understood we work or Regis whatever those rented virtual workspaces are. They are ridiculously expensive
nfts
The thing about most everything involving crypto is that the only truly good ideas are the ones that won't make you any money.
pretty sure crypto has made more millionaires then anything else in the past decade
Franchise Consultant Here! Two franchise opportunities that I thought would be total dud are dryer vent cleaning and crime and trauma scene cleanup.
I did a deep dive into the item 19 of the FDD (financial performance) and saw that both of these businesses have the possibility of generating a significant amount of revenue with very little overhead and very small start up costs.
There was an established dryer vent cleaning business for sale on the east coast that was doing over $500K in sales a year with one man and a truck.
For franchise education and tips check out r/franchiseentrepreneur
Nintendolabo. I really didn’t expect anyone to buy it to be honest. But hey, it worked.
Onlyfans pages.
Some people make a living on there but the average earnings is $150. I’d guess 95% earn less than a McDonald’s burger flipper based on the earnings distributions… the ones successful would mostly be people who already have a large following to monetize like celebrities
Still makes it a horrible idea for a “career” for the average person considering the odds of success coupled with the potential consequences.
Twitter.
Airbnb
Onlyfans pages.
Some people make a living on there but the average earnings is $150. I’d guess 95% earn less than a McDonald’s burger flipper based on the earnings distributions… the ones successful would mostly be people who already have a large following to monetize like celebrities
Still makes it a horrible idea for a “career” for the average person considering the odds of success coupled with the potential consequences.
AirBnB, because in the beginning it was just people renting their couches.
Starbucks lol
I had a discussion with a guy who started a manufacturing company that is doing smart glass. It wasn't about the idea but the way he executed, I wrote about this in my newsletter here https://notifiqation.beehiiv.com/p/us-smart-glass-manufacturing-company-scaled-help-digital-transformation
Pet rock. Then my son showed up.
Twitter. And for the record, I still think it's a dumb platform.
Netflix