Business Idea:
Disruptive Karaoke Machines
Problem:
Clunky, unattractive karaoke equipment limits spontaneous fun and home use.
Solution:
Design sleek, portable, stylish karaoke devices suitable for casual and regular home entertainment.
Target Audience:
Home entertainers, party hosts, family users, karaoke enthusiasts.
Monetization:
Product sales through Shopify, possible rentals or subscriptions for updated song libraries.
Unique Selling Proposition (USP):
Beautifully designed, portable, modern aesthetic that makes karaoke fun and socially appealing at home.
Launch Strategy:
Design a minimal viable product, test market with online pre-orders, and build e-commerce presence on Shopify.
Watch the full My First Million Episode on Youtube:
Shopify founder: “$100M dollar brands are being built for boring products”