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5 Business Ideas With High Demand & Low Supply | Start These In 2022 (#374)

From My First Million · Published Jul 5, 2023 · Watch on YouTube

TL;DR

The video presents five business ideas built on recent inflection points: (1) AB testing software for restaurant QR code menus, (2) a marketplace for college athlete Name, Image, and Likeness (NIL) deals, (3) viral breakup-themed products leveraging the statistic that the average person spends $1,500 after a breakup, (4) anti-cheating services for chess, poker, fishing, and other competitive domai

Key insights

  • Restaurants with QR code menus have digitized the ordering experience but almost never AB test their menu layouts, descriptions, or pricing; this creates an opportunity for a software tool similar to
  • The speaker’s own experience with a sushi delivery startup showed that raising prices by 50% actually increased conversion rate, and adding descriptive words like “Alaskan salmon, hand caught” boosted
  • A real startup rebranded existing mom‑and‑pop restaurants for delivery platforms (e.g., DoorDash, Uber Eats) by creating a separate “shadow brand” with better photos, trimmed menus, and improved copy,

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