Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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Business Idea

For: Small to medium businesses (14-100 employees) wanting to improve retention

Buildability

The Problem

Employee retention is costly and difficult; traditional approaches focus on compensation and culture rather than the #1 driver: workplace friendships

The Solution

A service that systematically facilitates employee friendships through structured social activities, team composition analysis, and relationship-building programs

Why Now?

Remote work has broken traditional friendship formation; companies desperately need retention solutions; data on friendship-retention correlation is becoming well-known

Build MVP in 7 Days

Day 1

Create simple survey to assess current workplace relationships

Day 2

Design basic team outing facilitation guide

Day 3

Build simple scheduling tool for group activities

Day 4

Test with one friendly company

How to Validate

Survey HR managers about retention challenges
Test correlation between friendship surveys and retention at pilot companies
Measure retention improvement after implementing friendship programs

Revenue Model

Monthly subscription per employee ($50-100/month) for ongoing friendship facilitation programming

Competitive Moat

Proprietary algorithms for optimal team composition, database of effective friendship-building activities, retention outcome data

Risks to Consider

Friendships might not be systematically creatablePrivacy concerns about surveying employee relationshipsCompanies may see it as fluffy rather than ROI-driven