Need a business idea? Run With It shares unused business ideas from successful entrepreneurs, including the exact steps they would take to launch them. If you're looking for a ready-made business idea, proven founders are sharing them every week on Run With It.
Digitize Identities with Ryan Coon
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Nuggets:
- The most important asset an entrepreneur has is her persistence; don’t start until you’re ready to “sleep like a baby” (stay up all night crying)
Action Steps:
- Identify the problem
- read US Department of Justice Study on Identity Theft
- understand where the $25 billion per year losses are going (i.e who is getting hit the most)
- speak with these organizations to learn more about the challenges they are facing
- Develop the solution
- create a business plan of how one would solve this problem
- close the gaps needed to achieve this solution
- Persist
Follow through on these action steps and email us your results at update@runwithit.fm. You'll get exclusive access to a private Facebook group of action takers and one listener will earn a free mentorship call with our guest, and potentially, a business partnership.
Links:
- Avail
- U.S. Department of Justice Study on Identity Theft
- Black Mirror episode White Christmas
- Credit Karma
- Stripe
Ryan Coon is the co-founder & CEO of Avail, an all-in-one software solution designed for do-it-yourself (DIY) landlords that is used by more than 600,000 landlords and tenants across the United States.