Airlines are bleeding cash right now. While we don’t exactly feel sorry for them, there’s a huge opportunity to get ahead of the post-Covid travel boom. Jeremy Parker of Swag.com shares a fun business idea that gets people thinking about flying.
Show Notes
Nuggets:
- You can license an expensive domain name, if you need it for SEO or marketing but don’t have the capital in your business yet.
- If a client takes advantage of you or your idea gets stolen consider the odds of it happening again before wasting time on reparation or retaliation.
Action Steps:
- Brainstorm incentive structures with a behavioral economist
- Wireframe the app and shop it to JetBlue, Delta, etc…
- Research economics around credit card companies’ partnership with airlines
- Search for existing flight tracking apps. Offer to buy one for cheap. Add this idea to it.
Links:
Jeremy Parker is an award-winning documentary filmmaker and a serial Entrepreneur. He is CEO and co-founder of swag.com. He has also successfully exited a startup called Tipped media.
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