Reposition Good / Fast / CheapΒΆ
This one is one of the easiest way to come up with business ideas.
Every business out there can be rated on 3 different dimensions: - Good - Fast - Cheap
You can be only 2/3
- Think of an industry you are interested in
- What's the last website that you used?
- Are they on to something?
- Think of a way to do what they're doing but a little bit better.
Example:
- You're really interested in app development and contracting
- You find gigster app that matches contractors with companies
- Try to figure out what dimensions are they working on.
- Fast, Good
- Which of the other combinations could you capitalize on a different part of the market or the market that gigster is already serving?