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- Niche Networks, Proposal Gifts, Nervous System Trends 📈🧠⚡️
Niche Networks, Proposal Gifts, Nervous System Trends 📈🧠⚡️
BizBrainstorms #51
Welcome to Biz Brainstorms –
My name's Connor.
I go down weekly rabbit holes of business ideas, lessons, & good finds.
Niche Networks, Proposal Gifts, Nervous System Trends
Today's Outline:
🎁 Proposal Gifts
🛜 Niche Networks
🫁 Nervous Systems
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🎁 Proposal Gifts
I’m 27 today.
Lots of my friends are asking their special someone to marry them.
All I can think is... what nice present can I give them to say "hooray"?
Flowers? Chocolate? Everyone wants to give gifts that show they really care.
Google Trends Result on Engagement Gifts
Well if you’re looking for your first e-commerce business, here you go.
People love custom gifts.
And every proposal usually has a great photo (for the gram).
Take that photo and turn it into digital artwork.
Alright, ignore the fact that these are different people.
I think you can launch ProposalPics•com
Yep, available.
The business model is simple:
• $50 digital version ($10 COGS)
• $99 Framed Print version ($30 COGS)
• $149 ScrapBook version with this as a cover ($40 COGS)
And then you can upsell on the wedding gift down the line 😉
🤝 Congrats, you now have a viable business idea & will be invited to more weddings.
Nervous System 🏃♂️
This is the next big health trend:
Learning how your nervous system impacts your stress levels.
I’ll save you the stuff you already know: Americans are stressed & anxious.
Well, here’s the scary part…
When people go see their doctor, 60-80% of visits are because of stress.
About 75% of big health problems, like heart disease, diabetes, depression, and autoimmune disorders, are impacted by stress (APA)
Unlike getting in shape, it’s not as easily solved as eating less, lifting more.
There are a lot of areas that you can work on:
Sleep
Environment
Self Talk
Internal Awareness of Tension & Stress
Having a strong friend group
It’s extremely multi-faceted.
But at the end of the day, your nervous system largely controls your stress response.
I just found Nervous System Mastery.
It’s a cohort based program teaching people how to get a grip of these categories.
🗒️ Napkin Math: 1,000 students: $2,500 AOV = $2.5M in course sales.
Pretty damn good.
There are 1.1. Million personal trainers in the world, building a 1:1 coaching program for improving your relationship with your Nervous System can be a massive opportunity.
🛜 Niche Networks
Consulting networks are a huge market.
Companies pay to get advice from experts.
GLG helps people get smart answers from experts. They have over 1,000,000 experts who know lots of different things. GLG and other companies like GLG make more than $100M in profit doing this.
Here's the idea: Niche Expert Network
New companies like Intro are doing this just for startup help.
Here's how to do it:
Pick a big field (like real estate, finance, etc.)
Build a content engine to get attention
Build the platform for people to pay experts to answer their questions
You’ll have the best customers. Hedge Funds and PE shops that spend $50,000 to learn things because it helps them make $50M!
You can make money two ways:
Have customers pay subscription, and let experts keep all the money they earn
Or take some money (like 30% that Intro takes) from what experts earn when they have calls.
GLG is a broad service. But their top areas are:
Financial Services
Life Sciences
Technology
Management Consulting
Energy
Consumer Goods
PS – Stole this one directly from Youtube here. Not my idea, I just love it.
That’s a wrap!
✌️ See you next week
-Connor
PS – Going to start making this content on Youtube
PPS – If you’re hiring, ConstantHire can help.