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  • šŸ§  3 Idea Thursday - Recipe Website, Chargeback Solution, & Upgraded Supplements

šŸ§  3 Idea Thursday - Recipe Website, Chargeback Solution, & Upgraded Supplements

Three ideas to feed your brain.

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This is Brainstorms, your weekly dose of business inspiration, motivation, and hopefully not too much perspiration.

I got lots of congratulations and well wishes after last weekā€™s announcement. So, thank you all!

You also gave some great feedback. A few standouts:

  • A second weekly email that does a deep dive on one idea.

  • Keep the 3 pack in the same industry or trend.

  • Provide more actionable advice on starting and growing a business.

Iā€™m gonna work on some of this in future issues. But for now, here are 3 ideas that probably won the spelling bee in 6th grade. They got potential.

  1. Recipe Websites - Better recipe websites = better internet.

  2. Cashback for Chargebacks - Fixing the fraud nightmare.

  3. Supplements - Old ingredients, sexy packaging.

šŸ§  Idea #1: Better Recipe Websites

Recipe sites, very popular among Brainstorms readers

Last week's most clicked link was, by far, the tweet about Myles Sinderā€™s new website.

It sounds like you are all as tired of the melodramatic intros on recipe websites as I am. I knew you were my kind of people!

We need more websites like myles.cooking. So why not build them?

Hereā€™s the playbook:

  1. Make a list of every chef, cook, and food influencer you can find who creates content on TikTok, YouTube, or Instagram.

  2. Reach out to them, offering to build a no-frills, ad-free website based on their cooking and recipes.

  3. Use the website to upsell their services or premium content.

If youā€™re really savvy, you can just copy Myles straight up and build a custom AI trained on the influencerā€™s content.

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šŸ§  Idea #2: Chargeback Monitoring

Chargebacks. The bane of the internet entrepreneur.

Whatā€™s a chargeback? It's when a payment provider issues a refund to a customer after a transaction. Itā€™s typically the result of a fraudulent charge (not always). This might sound uncommon, but itā€™s not.

If you have even a couple of disputes/chargebacks on your account, your payment provider will see you as ā€˜high-riskā€™. Then Stripe, Paypal, or whoever can lock you out, freeze your funds, and seize your firstborn child (not really, but it can feel like that sometimes).

There are a few products that already solve this problem. But they can be expensive, difficult to use, and only resolve chargebacks after the fact. Not prevent them.

The opportunity for the software folks among us is in pre-monitoring and PREVENTING the chargebacks. Gather enough data around these 3 things:

  1. Suspicious Transactions - Nobodyā€™s buying 50 identical hoodies in one go. Unless itā€™s a scam.

  2. Location/IP Address - Nobodyā€™s shipping their order to the U.S. from an IP address in India. Unless itā€™s a scam.

  3. Disposable Emails - Nobodyā€™s using slkdjf645sd48@gmail to place their order. Unless itā€™s a scam.

Then, feed all that into an AI black box that monitors your Stripe or Paypal account 24/7. Voila! You have a chargeback prevention robot.

šŸ§  Idea #3: Upgrading Old Supplements

Boring name, boring packaging.

Iā€™ve enjoyed following along in real-time as Dan McCormick has built Create Wellness. Heā€™s growing a modern supplement brand in public and has shared his journey since day one.

Dan did something pretty clever.

  • He chose an old-school, not-so-sexy supplement popular among a niche (meatheads) - Creatine.

  • He changed the product from a flavorless white powder to a yummy gummy.

  • Rebranded it with a catchy name and slick packaging, then marketed it towards a more mainstream audience.

I think this is a smart strategy that can be replicated for lots of supplements. Here are 3 great examples:

  1. Fiber - I can guarantee youā€™re not getting enough fiber. Getting more in your diet can lower cholesterol and blood sugar, and improve your ā€œnumber 2ā€™s.ā€

  2. Magnesium - Most of us are deficient in magnesium. It does a ton of great things in the body. I take it to sleep like a baby.

  3. Ashwagandha - Hard to pronounce? Sure. But highly effective for reducing cortisol, or the ā€œstress hormoneā€.

Pick one. Come up with a sexy name/brand, update to some eye-catching packaging, and copy Danā€™s path. (Heā€™s posting stuff like that all the time.)

šŸ§  BONUS Idea: ā€œSouthern Hibachiā€

I mean, theyā€™re not wrong. Why not go all in on it? Iā€™ve gone ahead and asked DALL-E for a Waffle House/Hibachi mashup:

Bad news for the AI-doomers: if OpenAI was actually close to AGI, this picture would have 2 people fist-fighting in the background and someone smoking a cigarette at their table.

šŸ“– Brainfood

Hereā€™s a 3-pack of useful/interesting/entertaining content Iā€™ve come across this week:

  1. OpenAIā€™s new release swept the internet. Hence, the many AI references today. If youā€™re technically inclined, you should probably stop reading this email and just build something with their tools.

  2. Dupe.com is awesome. Go to the URL of some expensive furniture that you love, paste the Dupe URL in front of it in the address bar, BOOM. It builds a list of cheap alternatives, aka ā€œdupesā€.

  3. Hereā€™s an interesting thread on eComm categories to avoid and ones to enter from someone whoā€™s spent millions on Meta ads at their agency.

Thatā€™s all for today.

I got a great suggestion to open the poll up and let all of you decide which of the 3 ideas I should go deeper on. Iā€™m working on one for the Shopify app from last week, and itā€™s gonna look something like this:

  1. Reasoning behind the idea, including data, trends, and revenue potential.

  2. How to start, test, and validate the product/service.

  3. An action plan to get your first paying customer and then your second, third, and so on.

So, let me know if thereā€™s anything from today youā€™d love to learn more about!

ā€” Andrew āœŒļø

Which one deserves a deep dive?

Pick one of today's ideas and I'll do a long form post on how to start and grow the business.

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