Negotiation Simulation Software

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Negotiation Simulation Software

Inspired by a conversation on:

My First Million

My First Million

5 Lessons in Negotiation from an FBI Hostage Negotiator

Host: Shaan Puri

Timestamp: 00:50:23 - 00:51:58

Listen to Episode • View Podcast • All Ideas from My First Million

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Feather Flow

Direct Quote

"You seem centered. And he said, you know, I just came off the mountain."

Market Gap

Professionals need practical experiences to enhance negotiation skills.

Many professionals learn negotiation theory but struggle to apply it in real-life situations. Without practical experience, they often feel unprepared when faced with high-stakes negotiations. Traditional training methods may not adequately simulate the complexities and dynamics of actual negotiations, leaving individuals ill-equipped to handle real-world scenarios. This gap highlights the need for a solution that allows users to practice negotiation techniques in a controlled environment, where they can receive immediate feedback and adjust their strategies accordingly.

Summary

The business idea is to develop a negotiation simulation software that allows users to engage in realistic negotiation scenarios. The software would use AI to create dynamic negotiation partners, simulating various negotiation styles and emotional responses. Users could practice different techniques, receive feedback on their performance, and refine their skills in a risk-free environment. This tool would be particularly beneficial for sales professionals, managers, and anyone regularly involved in negotiations, providing them with continuous learning opportunities and preparing them for real-world challenges.

Categorization

Business Model
SaaS
Target Founder
Technical
Difficulty
High
Time to Revenue
6-12 months
Initial Investment
$10,000+

Potential MRR (18-24 months)

Conservative
$5,000 - $15,000 MRR
Moderate (Most Likely)
$20,000 - $40,000 MRR
Optimistic
$50,000 - $100,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
9/10
Feasibility
7/10
Market Potential
9/10
Evidence
8/10
Overall
8.2/10
Found on September 17, 2025 • Analyzed on September 17, 2025 3:57 PM

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How should I validate this saas idea before building it?

2:34 PM

Great question! For a saas idea like this, I'd recommend starting with these validation steps:

  1. Customer interviews: Talk to Technical to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

Would you like me to help you create a specific validation plan for your high difficulty idea?

2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and 6-12 months, here's my recommendation:

Technical Strategy:

  • Start with no-code tools for rapid prototyping
  • Consider your technical background and available $10,000+
  • Plan for scalability from day one

I can help you create a detailed technical roadmap and resource allocation plan...

2:37 PM

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Similar Ideas

Negotiation Skills Training Platform

The idea is to create an online platform dedicated to teaching negotiation skills through interactive courses and real-life simulations. This platform would cater to professionals across various sectors, providing them with essential negotiation techniques used by experts, including strategies from experienced negotiators like Chris Voss. The platform could include video tutorials, role-playing scenarios, and feedback mechanisms to improve users' negotiation abilities. By equipping professionals with these skills, the platform aims to help them negotiate better deals, whether with clients, investors, or partners, ultimately leading to more favorable business outcomes.