My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
New Regulation Compliance Software
For: Small to medium businesses facing new regulatory requirements
The Problem
New government regulations require complex compliance but businesses don't want to hire specialists or risk non-compliance penalties
The Solution
Software that automates compliance for specific new regulations with step-by-step guidance and documentation
Why Now?
Regulations are increasing, penalties are severe, and businesses need automated solutions
Build MVP in 7 Days
Identify upcoming regulation
Build basic compliance checklist
Create simple workflow tool
Test with 3-5 target customers
Validate willingness to pay
How to Validate
Revenue Model
SaaS subscription with implementation fees and premium support
Competitive Moat
First-mover advantage plus regulatory expertise that's hard to replicate
Risks to Consider
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