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12 Udemy Courses on How to Come Up With New Tech Startup Business Ideas

Posted on Sunday, Sep 19th 2021

You want to do a startup. So, you need an idea to build around. The Covid-19 pandemic has changed consumer behavior in a major way. As we move through the virus-era, much more will likely change. With this realization, we ran a poll asking which topics readers would like me to cover and discuss. The overwhelming winner was startup ideas. So, after much thought, here are eight of my most recent startup ideas. My hope is to stimulate and help my fellow entrepreneurs catalyze these ideas into profitable businesses.

1. Artists and Collectors Shift Online

As you may know, I have a special interest in Art, and have observed its dynamics for many years. I have concluded that the time has come for Artists and Collectors to move online and interact in a fluid marketplace. This is a Unicorn idea with the potential to become a highly valued company that would achieve a billion dollar plus valuation.

2. Meaningful Friendships Through Literature and Film

My own literary group, like many others, has had to go virtual and operate through a video conferencing platform in the wake of the Covid menace. This startup idea is born out of this experience with an eye on the isolation that humanity is facing in the post Covid world.

3. Home-Based Healthcare

Certain sectors of industry are facing extraordinary levels of job loss in the post-Covid era. While some of these jobs may come back, it is widely believed that some trends are permanent. The retail sector faces one of the greatest shifts: the move to online shopping seems irreversible. This home-based healthcare startup idea facilitates the retraining of service sector employees as healthcare professionals.

4. K-12 Education

In the post-Covid world, a new learning paradigm needs to emerge. Remote learning and teacher-assisted homeschooling would need to become part of routine K-12 pedagogy going forward. The pandemic will end one day, but some of these paradigms may last if these experiments become successful. I’m particularly keen to see the impact of engineering organic friendships into study groups and what deliberate parent involvement does to learning outcomes. And when you have viral adoption via online teacher communities, you have a Unicorn idea that can attract venture capital.

These next two ideas build on another major trend: remote work.

5. Distributing the Workforce

One of the unambiguous trends of the Covid era is the success of work-from-home for certain industry sectors such as Tech, Finance, Legal, Consulting, etc. This Unicorn startup idea involves managing this transition and its associated nuances.

6. Facilitating Travel Experiences

There are two major trends that the world will need to take in stride in the Covid era: air travel will become expensive and people will be working remotely. This startup idea addressing these trends would be a $5-$10 Billion market cap company, a Unicorn.

7. Restaurants Delivering Prepared Food as a Subscription

In the Covid era, people have been forced to cook a lot more than they were used to. Some have embraced home-cooking. Others have found it to be a burden. On the other hand, restaurants are facing an existential moment, gasping for survival. I believe that for a certain segment of the population, a subscription service to a set of restaurants would work really well, and share my vision for this startup idea.

8. Managing Philanthropy

In a world economy devastated by Covid, threatened by climate change, ravaged by simultaneous natural disasters like tropical cyclone Amphan, the need for philanthropy has never been higher. This startup idea is a philanthropy management software solution (SaaS) that would be sold to banks with wealth management practices.

So, how do you ideate? How do you evaluate if your idea has legs? How do you make sure that your tech startup idea is viable? Scalable? 

Entrepreneurs often come up with 10 different ideas and have to sift through them to decide which one to pursue. How do you prioritize your best startup ideas? What are your most innovative startup ideas? Which of your business ideas may be fundable? The entrepreneurship universe is littered with startup failures. Startup success often hinges upon the ability to come up with viable startup ideas

You want to do a startup. So, you need an idea to build around.

So, how do you ideate? How do you evaluate if your idea has legs? How do you make sure that your tech startup idea is viable? Scalable? 

Entrepreneurs often come up with 10 different ideas and have to sift through them to decide which one to pursue. How do you prioritize your best startup ideas? What are your most innovative startup ideas? Which of your business ideas may be fundable?

The entrepreneurship universe is littered with startup failures. Startup success often hinges upon the ability to come up with viable startup ideas.

Is there a strategy for the idea stage? 

Yes, there is a strategy. You have to do two things.

Firstly, you have to develop an understanding of the domain in which you want to build a startup.

Secondly, you need to master the ideation process itself. 

Let’s talk about domains. It is important to learn about the hot domains within which a lot of startup activity is happening right now. You need  to understand the dynamics of each, find a gap in the market, and position your startup idea as a solution accordingly.

Here are a few Udemy courses on current hot domains.

  1. How to Build E-commerce Startups with Sramana Mitra
  2. Building a Two-Sided E-commerce Marketplace w/ Sramana Mitra
  3. How To Build AI Startups with Sramana Mitra
  4. How to Build Online Education Startups with Sramana 
  5. How to Build Digital Health Startups with Sramana Mitra

After you’ve chosen a domain, take this course to learn the ideation process.

  1. Startup Ideas For The Post Covid World with Sramana Mitra

Case studies are really important to learn how to navigate early stage startups. Use these case studies to round out your knowledge:

  1. How To Build Unicorn Tech Startups with Sramana Mitra
  2. Entrepreneurship Case Studies from India 1 w/ Sramana Mitra
  3. Entrepreneurship Case Studies from Europe 1 w/ Sramana Mitra
  4. How to Build Tech Startups in Latin America w/ Sramana Mitra
  5. Keys To Success For Women Entrepreneurs with Sramana Mitra

And finally, whenever I evaluate a tech startup idea, I always do VC-style due diligence on it. This course goes over the specifics of my analysis process and you can use it to analyze your startup idea before writing a single line of code.

  1. Free Entrepreneurship Fundamentals Tutorial – VC Due Diligence Questions For Startups With Sramana Mitra

That’s it. This set of Udemy courses can help you to master startup ideation. You’ll have a much greater chance of coming up with truly innovative startup ideas.

If you spend a few evenings and weekends studying before you quit your job and jump in with both feet, you’ll come up with a viable startup idea to pursue. 

If you need help, come talk to me at a 1Mby1M roundtable.

See you in the startup trenches!

P.S. We’re looking to partner with community leaders who write blogs, teach and mentor entrepreneurs, and help support startup ecosystems in every corner of the world, no matter how small or how remote. I have written about my own journey building startup ecosystems around the world, and how you can draw from my lessons from the trenches. If you’re interested in partnering with 1Mby1M, please consider joining our ambassador program.

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