The WHO reminder

if I have 48 hours a day

Thesis: I would build an app that would instantly remind me of a person who is waving at me or shaking my hand telling me that we have been in touch before. Why such idea? Because I am bad with faces and names, and generally not very good in replying messages and emails quickly!

Target users: Anyone who thinks they need to look less dumb when that person starts to tell you how you met, bla bla bla and yet you can only go with pretending you remember.

Business model: How it works? Scan the person’s face with your phone camera (obviously you will need a bit of skill to make sure the person doesn’t know you are “scanning” him or her – time to be a real spy!) so that your camera can immediately pull information from social medias and public sources to identify the person and then get that linked back to your mailbox, contact list, text messages and call history. Once you have built enough data on the individual, the app will then provide you suggested actions or tips for your conversation with the counterpart. The app should also be rating or categorizing the individual to allow you to decide on how much time you want to spend with this person.

Housekeeping: This idea may not be realistically practical and is thought through based on personal assumptions. Also, it may have been executed or currently running by someone else.

Done with my ranting. Til next time.

Tinder for Investing

If I have 48 hours a day…

Thesis: I would build a platform that enables anyone on the street to access the market knowledge of the professional financial advisors through real time engagement with the professionals.

Target users: Anyone who wants to be a filthy rich billionaire (‘coz millionaire is too mainstream)! Not exactly, but actually anyone who cares where their money goes to and how they can create more value from it.

Business model: How it works? Financial advisors from different institutions can setup their personal (professional) profiles on the platform, which will then be browsed through by someone who are looking for the services of such advisors. Users can also create their own profiles, mentioning their financial objectives and risk appetite. With this, both users and financial advisors will have a better idea of each other and hence make the investing/financial planning process much smoother. This instills some sense of healthy transparency among the financial advisors as well as can indirectly boost the investment/financial planning knowledge of the users who are keen to learn more about what they can do with their money!

Housekeeping: This idea may not be realistically practical and is thought through based on personal assumptions. Also, it may have been executed or currently running by someone else.

Done with my ranting. Til next time.

Time lender

Welcome to a new section of my ranting space. This is where I will put down any weird, random, silly ideas that I have if I were to have time to start a new venture. Do note that some (maybe most) of these ideas are not realistically practical and based on certain assumptions. Also, some, if not all, of these ideas may have been executed or currently running by someone else.

If I have 48 hours a day…

Thesis: I would start a platform that helps solving the problem of people not having enough time to do some minor chores. For example if I don’t have the time to mow the lawn, I would need someone to help me do it for me.

Target users: People who do not have enough time and people who have extra (or too much) time. We can rope in merchants (see below for elaboration).

Business model: The idea is to create a outsourcing platform where users can list the tasks needed to be done. On the other hand, those who have the extra time (let’s call them the freetimers) can pitch to get the tasks done for some “time credit”. With these time credits, users can use them to claim certain benefits from merchants. Freetimers could be freelancers, your neighbours, your friends, or a friendly stranger. To handle the security issues, all freetimers will have their profile being verified.

Done with my ranting. Til next time.