My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Premium Home Appliances
For: Affluent homeowners who value quality and design
The Problem
Most home appliances are poorly designed, unreliable, and lack innovation despite being used daily for decades
The Solution
Create premium versions of basic appliances (washers, dryers) with superior design, reliability, and user experience
Why Now?
Consumers willing to pay premium for quality, hardware innovation improving, direct-to-consumer distribution viable
Build MVP in 7 Days
Research existing appliance pain points
Design concept for one appliance
Create landing page
Survey potential customers
Estimate manufacturing costs
How to Validate
Revenue Model
High-margin hardware sales, extended warranties, premium service packages
Competitive Moat
Brand reputation for quality, customer relationships, distribution network