I've thought about this one myself. Seems like an industry ripe for disruption too: with complex, expensive systems from a monopoly player (ADP). Can anyone offer some insight as to why we haven't seen startups in this space?
25 Startup Ideas for 2012
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Re: 25 Startup Ideas for 2012
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#126I don't know why, but I tried opening this site in 3 different mobile browsers and couldn't get it to scroll.
Re: 25 Startup Ideas for 2012
#127Are these really ideas for typical startups. The high tech ideas aren't very well suited for startups. More for Universities and big corporation's side projects.
God forbid a technology startup actually have to develop new technology. No, I'm sure another CRUD/mobile app that hooks a bunch of buzzwords up to Facebook and Twitter with metaphorical bungie cords is a much better idea.
NASA is no startup!
Re: 25 Startup Ideas for 2012
#128So I like 7, building a database of biology but to tackle that head on would be impractical (financially). That is the end goal that we have at my startup, but we are starting out by helping labs manage their reagent and chemical inventories first. Sounds mundane but the eventual goal is to get to a crowd-sourced global database for biology. Remains to be seen how it pans out.
My point is that such lists of top X ideas can be useful but often the biggest challenge is plotting the trajectory. And often the path is not a straight line.
Re: 25 Startup Ideas for 2012
#12918. A BankSimple for the payroll industry I've thought about this one myself. Seems like an industry ripe for disruption too: with complex, expensive systems from a monopoly player (ADP). Can anyone offer some insight as to why we haven't seen startups in this space?
Re: 25 Startup Ideas for 2012
#130While in theory it sounds like a great concept, the key to realize is that no "AirBnB for Activites" can ever be an "AirBnB for Activities." What I mean by that is: the part of the "AirBnB for X" business model that makes it work is the part where you have a very low marginal cost to renting out an existing resource that, presumably, is getting very low utilization. I.e. a car sitting in a garage, an empty couch. The marginal cost of renting those out... is basically zero. However, with Activities, the resource at play is actually time! A person needs to take two hours out of their day to offer a walking tour, cooking class, etc.
Arguably, time is the most scarce resource we have. People value their time highly, which means the marginal cost (in this case the opportunity cost) of them offering an activity is very high. Add to that the fact that individuals do not benefit from any sort of economy of scale, and that most likely means that they cannot compete with businesses on price (which is arguably where AirBnB is winning in its biggest market, NYC).
So of course, I'm not saying an "AirBnB for Activities" is not possible, but some fundamental problems make it significantly more difficult than one might initially expect. Personally I think Vayable is doing a great job, but time will tell...
Oh also, AirBnB took something that already was happening (sublets on Craigslist) and just rebranded/made it better. Not much "Activities" activity going on on Craigslist. It's mostly for services, like painting, plumbing, car mechanics, etc. So you sometimes question if the demand actually even exists?
Anyway, I could write a loooong post-mortem on Skyara but you get my point.