The Startup Ideas Podcast
The Startup Ideas Podcast

9 Startup ideas to make $1M+ in 2024

June 19, 2024

AI Summary

5 min read

9 Startup Ideas to Make $1M+ in 2024

The Cricket That Started It All

The episode opens not with an idea, but with a proof. A listener named Cody Schneider had pitched an idea on a previous episode: build a library of SVG files for cricket enthusiasts, using AI to generate the designs. A listener named SVG Collections took it, built it in 72 hours using off-the-shelf tools (Shopify, Midjourney, an AI vectorizer), and already had two paying customers. He's running Facebook ads, getting 50-cent emails, and drip-nurturing them into a paid subscription at $3.99/month. "This is the exact execution of what I envisioned," Schneider says. The business has near-zero marginal cost—just Meta ads. The insight: there are 10 million cricket users, and this founder is "a barnacle on the whale" of a massive, validated audience. "There's zero doubt anymore," Schneider says. "It's now just execution."

The Core Framework: Ride a Wave, Don't Educate the Market

The episode's central thesis emerges early: "I'm looking for a larger trend that I can attach myself to, because I don't want to ever educate the market. You're trying to sell things that people already want to buy." Every idea that follows is a variation on this principle—find a platform shift, an underserved niche, or a validated behavior, then build a service or product that plugs into it.

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What you'll learn

  • 1 (01:12) **Opening & The Cricket SVG Success Story** - Cody shares how a listener built a functioning SaaS business (SVG Collections) from a previous podcast idea, using AI tools and a freemium model.
  • 2 (06:15) **Idea 1: LinkedIn Video Agency for Founders** - A done-for-you service capitalizing on LinkedIn's new video feed, which is a blue ocean for B2B content.
  • 3 (16:35) **Idea 2: AI Automation Consulting for SMBs** - Capitalize on the exploding search volume for "AI automation" by offering setup and embedded automation services.
  • 4 (22:51) **Idea 3: AI Graphic Designer (Brand-First Asset Generator)** - A SaaS that takes a brand style guide and instantly generates usable marketing assets (thumbnails, headers, ads).
  • 5 (29:31) **Idea 4: Done-for-You Founder Newsletter Service** - Interview founders weekly, turn transcripts into a newsletter, and grow the list by scraping their existing social followers.
  • 6 (36:11) **Idea 5: YouTube Thumbnail & Title Library (Data-Backed)** - A subscription library of proven thumbnail/title combinations, scraped from top-performing YouTube videos.
  • 7 (50:18) **Idea 6: Canva Video Captioning App** - A simple Canva plugin that auto-captions videos using Whisper, with karaoke-style options.

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Show Notes

Join us for an engaging conversation with Cody Schneider, Co-founder of Swell AI, as we explore a wide range of startup ideas and business opportunities. In this episode, we dive into the potential of LinkedIn short-form video agencies, SaaS startup opportunities, and why AI graphic designer can be huge. Cody shares his insights on why building an audience is crucial for any founder's success. Whether you're aiming to launch your first million-dollar business or are curious about cutting-edge entrepreneurial strategies, this episode is packed with actionable advice and inspiration. Don’t miss this essential guide to launching a successful startup!

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Episode Timestamps: 
0:00 Intro
06:17 Startup Idea 1: LinkedIn Short Form Video Agency
16:34 Startup Idea 2: Automation Agency
22:52 Startup Idea 3: AI Graphic Designer
29:32 Startup Idea 4: Newsletter in a Box
36:12 Startup Idea 5: Youtube Thumbnail Builder/Directory
45:34 Startup Idea 6: Content as a Service

50:10 Startup Idea 7: Canva Subtitler

52:59 Startup Idea 8: Airline Deals Aggregator

1:00:05 Startup Idea 9: Quickbooks for specific niche

1:07:47 The Goal of SIP

1:11:50 The Power of the Internet

1:16:26 High level Content Strategy

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