The Startup Ideas Podcast
The Startup Ideas Podcast

I can't believe he shared these $1M+/year startup ideas

June 12, 2024

AI Summary

5 min read

John Rush runs 24 businesses generating $2 million in ARR and 10 million users, and he shared several specific startup ideas on this episode of The Startup Ideas Podcast. The conversation focused on two major trends: the explosion of solopreneurs building on the side, and the underappreciated opportunity in directories. Rush's core argument is that building is easy—growth is the hard part—and the best ideas right now solve that growth problem.

The solopreneur wave and the growth bottleneck

Rush sees the number of solopreneurs building startups on the side doubling every year. The barrier to entry has collapsed: you no longer need to fundraise, find a co-founder, or hire a team. You can code it yourself or use no-code tools. But this ease of building has created a new bottleneck. "99% of the makers can build stuff, but only few can actually grow and sell and bring in customers," Rush says. "Most people actually fail right at the start. They just don't get any traction at all. Like not even one sign up." The low-hanging fruit, then, is building tools and services around growth and marketing for this growing crowd of solopreneurs. People will pay for growth, often through revenue splits.

The startup draft: selling validated ideas

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What you'll learn

  • 1 (00:00) **The Core Problem: Building is Easy, Growth is Hard** - 99% of makers can build, but few can grow and sell. The best startup ideas solve the growth and marketing problem.
  • 2 (01:45) **Trend: The Rise of the Solopreneur** - More people are building startups on the side or from low-cost countries. The barrier to building is at an all-time low.
  • 3 (04:23) **Idea Generation Method: Start with How You'll Sell** - Don't build first. See what people are asking for and wrap the solution into a simple, single-purpose tool.
  • 4 (05:46) **The "Startup Draft" Idea: Sell Validated, Pre-Sold Ideas** - Most founders fail at the start with zero traction. Solve this by validating ideas, building a waitlist, and collecting prepayments before selling the "draft" to a builder.
  • 5 (09:12) **How to Automate the "Startup Draft" Machine** - A step-by-step system: 1) Generate ideas via keyword research, 2) Technically validate (traffic, domain availability), 3) Validate with real people via waitlists and influencer promotion, 4) Collect prepayments, 5) Sell the validated draft.
  • 6 (13:55) **The Influencer Arbitrage Playbook** - Why Jon prefers paying micro-influencers over ads, and his specific negotiation tactics.
  • 7 (16:18) **Advanced Influencer Strategy: Monthly Retainers** - Jon is moving to a fixed monthly payment model with influencers, similar to a sponsorship, for a set number of posts per month.

+ Full timestamped outline available in the app

Show Notes

Join us for an engaging conversation with serial entrepreneur John Rush as we explore a variety of startup ideas and opportunities centered around directories and Micro-SaaS. In this episode, we delve into the rising indie hacker trend, the power of micro-influencers, and the potential of directories. John shares his proven framework and strategy for validating directories and discusses why micro-influencers are the most underpriced advertising channel in 2024. Whether you're looking to start your first million-dollar business or are curious about 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 Timestamp: 
00:00 Intro

01:44 First business: Micro-SaaS growth/marketing tools

05:37 Second business: Startup validation as a service

13:49 The influencer marketing landscape

23:49 Why directories are underrated

30:22 Third business: Localized directories

35:35 Framework for finding/validating directory ideas

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