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.

Back to Ideas

Board Governance SaaS

For: Startup founders and board members

Buildability

The Problem

Boards make poor decisions due to lack of context, misaligned incentives, and poor communication processes

The Solution

Software that structures board decision-making with templates, stakeholder input gathering, scenario planning, and decision audit trails

Why Now?

High-profile board failures create demand for better governance tools, remote work requires better digital board processes

Build MVP in 7 Days

Day 1

Decision template library

Day 2

Stakeholder input forms

Day 3

Basic voting system

Day 4

Simple audit trail

How to Validate

Interview 20 board members about worst decisions
Build decision template for common scenarios
Run pilot with 3 boards

Revenue Model

Monthly SaaS per board seat plus premium features for complex decisions

Competitive Moat

Legal compliance requirements create switching costs, network effects from standardized processes

Risks to Consider

Market too smallLegal liability concernsBoard members resist change