My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Electronic Corporate Bond Trading Platform
For: Large institutional investors (Fidelity, PIMCO, pension funds)
The Problem
Corporate bond trading requires calling multiple investment banks to find buyers/sellers, creating inefficiency and opacity in pricing
The Solution
Electronic marketplace that allows institutions to trade bonds directly with each other, bypassing traditional investment bank intermediaries
Why Now?
Post-financial crisis regulations make banks less willing to hold bond inventory, creating need for alternative trading mechanisms
Build MVP in 7 Days
Simple matching interface for bond trade requests
Basic user authentication and verification
Manual trade confirmation and settlement coordination
Simple fee calculation system
How to Validate
Revenue Model
Transaction fees on completed trades, much lower than traditional investment bank spreads
Competitive Moat
Network effects - more participants create better liquidity and pricing