Lay of The Land
by Jeffrey Stern
Latest Business Ideas
Real Estate Negotiation Training Program
Market Gap: Real estate professionals often lack negotiation skills and understanding of client motivations.
This business idea is to establish a real estate negotiation training program designed specifically for agents and brokers. The program would focus on developing critical skills such as empathy, understanding client motivations, and effective communication. Through workshops, role-playing exercises, and one-on-one coaching, participants would learn how to navigate complex negotiations more successfully. The target audience includes new real estate agents looking to hone their skills as well as experienced professionals aiming to improve their closing rates. By leveraging insights from successful negotiators and incorporating practical scenarios, the training program could enhance the overall effectiveness of agents in the competitive real estate landscape.
From: #226: Terry Coyne (Terry Coyne Properties) — Risk, Patience & Opportunity
Ohio Real Estate Data Insights Platform
Market Gap: Real estate professionals lack access to localized data insights necessary for strategic decisions.
The idea is to build an Ohio-focused real estate data insights platform that aggregates various data sources to provide real estate professionals with actionable insights. This platform would cover trends in property values, rental rates, demographic shifts, and emerging opportunities such as the rise of data centers. By using advanced analytics and visualization tools, the platform would allow users to make informed decisions based on real-time data. The target audience includes real estate agents, investors, and developers operating in Ohio who require localized information to optimize their strategies. Additionally, the platform could offer subscription-based access, providing a recurring revenue stream.
From: #226: Terry Coyne (Terry Coyne Properties) — Risk, Patience & Opportunity
Custom Real Estate App Development Service
Market Gap: Real estate professionals struggle with timely and cost-effective app development.
The idea is to offer a custom real estate app development service that leverages low-code or no-code solutions, enabling real estate professionals to create tailored applications quickly and affordably. By utilizing tools like Replit, entrepreneurs can develop apps that help manage data, track transactions, or provide insights into market trends without the need for extensive programming knowledge. This service would target real estate agents, small firms, and even larger organizations that require specific functionalities in their applications but lack the budget for traditional app development. The service could also include ongoing support and updates to ensure the apps evolve alongside the changing needs of the market.
From: #226: Terry Coyne (Terry Coyne Properties) — Risk, Patience & Opportunity
Renewable Natural Gas Production Services
Market Gap: Landfills contribute to greenhouse gas emissions and environmental issues.
This business idea focuses on offering services for the production of renewable natural gas (RNG) from landfills. The company would provide expertise in setting up facilities to convert landfill waste into usable energy, alongside necessary technology and support. By partnering with municipalities and waste management companies, this service could help reduce emissions and provide a sustainable energy source. The target market includes local governments, waste management companies, and renewable energy firms looking to invest in green technology solutions.
From: #225: Jeff Berlin (Bridge Industries) — American Manufacturing, Permanent Capital, and Patiently Scaling an Industrial Platform
Vertical Integration Solutions for Manufacturing
Market Gap: Manufacturers lack control over supply chains and production processes.
The concept revolves around creating a consultancy or platform that helps manufacturing businesses implement vertical integration strategies. This could involve assessing their current supply chain processes and identifying opportunities for in-house production capabilities. The service would provide guidance on acquiring or establishing production facilities, necessary equipment, and workforce training. By enhancing vertical integration, manufacturers can gain greater control over their operations, reduce reliance on suppliers, and increase their operational efficiency. The target audience includes small to medium-sized manufacturers looking to optimize their processes amidst rising costs and supply chain challenges.
From: #225: Jeff Berlin (Bridge Industries) — American Manufacturing, Permanent Capital, and Patiently Scaling an Industrial Platform
AI-Driven Data Capture Solutions for Industry
Market Gap: Manufacturers miss out on valuable operational data due to outdated systems.
This business idea involves creating an AI-driven platform that specializes in data capture and analysis for manufacturing processes. The platform would enable companies to retrofit their existing equipment with sensors and data collection tools, allowing for real-time monitoring and analytics. By providing insights into production processes, maintenance needs, and operational performance, manufacturers can enhance their decision-making capabilities and drive efficiency improvements. The target clients would include manufacturers looking to modernize their operations and leverage data to stay competitive in their markets.
From: #225: Jeff Berlin (Bridge Industries) — American Manufacturing, Permanent Capital, and Patiently Scaling an Industrial Platform
AI-Driven Business Development Platform
Market Gap: Businesses lack access to AI tools for operational efficiency.
An AI-driven business development platform could provide tailored solutions for Ohio-based businesses looking to enhance operational efficiency and drive growth through AI technology. This platform would offer user-friendly AI tools that simplify the integration of AI into everyday operations, making it accessible for companies of all sizes. By focusing on the unique needs of Ohio entrepreneurs, the platform can help them harness AI's capabilities to improve decision-making, streamline processes, and ultimately, achieve better outcomes. The initiative would not only empower businesses but also position Ohio as a leader in the adoption of AI technologies, fostering a culture of innovation and technological advancement within the state.
From: The O.H.I.O. Fund — Origins and Ambitions
Local Venture Capital Network for Statewide Impact
Market Gap: Lack of local venture capital hinders Ohio startups.
Creating a local venture capital network dedicated to supporting Ohio startups could catalyze economic growth and innovation within the state. This network would focus on pooling resources and expertise from various investors who are passionate about Ohio's entrepreneurial landscape. By connecting local businesses with investors who understand their challenges and opportunities, the network can facilitate strategic investments that lead to sustainable growth. The initiative would not only empower Ohio startups but also strengthen the state's overall economy by creating a collaborative environment that encourages knowledge sharing and resource allocation. The long-term vision is to position Ohio as a prominent hub for venture capital investment, attracting further funding and talent to the region.
From: The O.H.I.O. Fund — Origins and Ambitions
Capital Pooling Investment Fund for Ohio Entrepreneurs
Market Gap: Ohio entrepreneurs struggle to access local capital for growth.
The Ohio Fund aims to create a capital pooling investment strategy specifically tailored to support local entrepreneurs. By aggregating funds from various investors, the Ohio Fund facilitates direct investments into promising businesses within the state. This approach not only provides much-needed liquidity for startups but also fosters a stronger connection between local investors and entrepreneurs. The goal is to empower Ohio's economy by ensuring that innovative ideas receive the financial backing necessary to flourish, ultimately creating a sustainable cycle of growth and prosperity. The fund's focus on sector-diverse investments allows for a broader impact and the potential to stimulate multiple industries within Ohio.
From: The O.H.I.O. Fund — Origins and Ambitions
Health Education Content Marketplace
Market Gap: Healthcare content creation is often siloed and lacks collaboration.
A health education content marketplace would connect creators of healthcare educational materials with patients and healthcare providers seeking engaging, interactive content. This platform would allow third-party developers to publish age-appropriate resources, such as games, videos, and articles, that can be used alongside existing health education tools. It would empower patients with a variety of learning styles and preferences to choose the resources that resonate with them. By creating a centralized platform for diverse educational offerings, we can enhance patient engagement and improve health literacy across different demographics.
From: #122: Dom Raban (Xploro)
Recent Episodes
#226: Terry Coyne (Terry Coyne Properties) — Risk, Patience & Opportunity
Host: Jeffrey Stern
3 ideas found
#225: Jeff Berlin (Bridge Industries) — American Manufacturing, Permanent Capital, and Patiently Scaling an Industrial Platform
Host: Jeffrey Stern
3 ideas found
#223: David Conwill (Redwood Living) and Jimmy McCarthy Jr. — Mr. Football
Host: Jeffrey Stern
3 ideas found
#222: Ivy Zelman (Zelman & Associates) — Non-Consensus and Correct in The Housing Industry
Host: Jeffrey Stern
3 ideas found
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