Time-Based Purchase Decision Calculator
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Time-Based Purchase Decision Calculator

Inspired by a conversation on:

One Rental At A Time

One Rental At A Time

This Simple Idea Will Change How You Think About Buying Stuff!

Host: Michael Zuber

Timestamp: 06:28 - 07:17

Listen to Episode • View Podcast • All Ideas from One Rental At A Time

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Direct Quote

"When I think about transacting, I want people to convert every discretionary dollar to time."

Summary

This business idea involves developing a digital calculator app or web tool that helps users understand the true cost of their purchases in terms of time rather than just money. The app could allow users to input their income, expenses, and desired purchases to calculate how many hours of work (time) they are effectively spending on various discretionary items, such as a new phone or dining out. By redefining purchases in terms of personal time investment, users can make more informed financial decisions that align with their long-term goals. The app could offer gamification features, budgeting tips, and visualizations to help users see the impact of their spending in a new light. This tool would be especially useful for younger consumers who are just starting to manage their finances and are looking for ways to improve their financial literacy.

Categorization

Business Model
Product
Target Founder
Technical
Difficulty
Medium
Time to Revenue
1-3 months
Initial Investment
< $1,000

Scores

Clarity
9/10
Novelty
8/10
Feasibility
7/10
Market Potential
9/10
Evidence
6/10
Overall
7.8/10
Found on August 25, 2025 • Analyzed on August 25, 2023 12:51 AM

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How should I validate this product idea before building it?

2:34 PM

Great question! For a product 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 medium 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 1-3 months, here's my recommendation:

Technical Strategy:

  • Start with no-code tools for rapid prototyping
  • Consider your technical background and available < $1,000
  • 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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