Innovative Business Ideas Pitched at Planet Money's Summer School Class of 2023
TLDR The Summer School Class of 2023 presented a variety of innovative business ideas, ranging from a book subscription service with author interactions to collapsible rain boots and a floating crematorium concept. The pitches aimed to engage customers, test market viability, and explore unique ways to celebrate life and legacy.
Timestamped Summary
00:00
Planet Money's Summer School Class of 2023 celebrates graduation with a Guppy Tank competition emulating Shark Tank for aspiring business leaders.
03:58
A book subscription service combining the concept of Book of the Month with Cameo, where subscribers receive monthly book recommendations from their favorite authors.
07:56
A subscription service that offers engagement with favorite authors, potentially including exclusive interactions and financial incentives for authors based on subscriptions sold under their name.
11:39
A platform that allows anyone to become a tour guide and share their love for a place, focusing on authenticity, safety, and value-based pricing.
15:23
A pitch for collapsible rain boots that are portable and easier to travel with, inspired by a soggy experience in Washington, D.C.
19:34
Testing the market for a new product idea through platforms like Kickstarter and gathering feedback from potential customers and retailers to de-risk the concept before manufacturing.
23:35
Targeting older individuals interested in new technology and legacy planning through digital marketing and partnerships with financial advisors for a unique product concept.
27:34
A pitch for a floating crematorium with fireworks that turns funerals into unforgettable spectacles raises legal and ethical questions but offers a unique perspective on celebrating end of life.
31:28
A valedictory address is given to the class of 2023, encouraging them to pursue their dreams and make a positive impact in the world.