My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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Floating Hole-in-One Challenge

For: Golfers and tourists seeking unique experiences

Buildability

The Problem

Golfers want exciting challenges beyond regular play, and venues need additional revenue streams with high margins

The Solution

Floating golf green in water body where customers pay to attempt hole-in-one for large cash prize, using mathematical house edge for profitability

Why Now?

Social media makes visually striking experiences more valuable for content creation and viral marketing

Build MVP in 7 Days

Day 1

Find golf course with water hazard willing to test concept

Day 2

Build simple floating platform with hole and flag

Day 3

Create basic payment system (iPad + Square)

Day 4

Set up ball retrieval system (nets or diver)

Day 5

Test pricing with 50 customers to validate unit economics

How to Validate

Call local golf courses to gauge interest in revenue-sharing partnership

Survey golfers on willingness to pay for unique challenges

Test simpler version on regular putting green first

Research local regulations for water-based attractions

Revenue Model

$20-40 per customer for ball bucket, mathematical house edge ensures 60-70% profit margins over volume

Competitive Moat

First-mover advantage in local market, visual spectacle creates natural marketing, partnership relationships with golf courses

Risks to Consider

Weather dependency for outdoor operationInsurance and liability costs higher than expectedSeasonal revenue fluctuations in golf marketsRegulatory hurdles for water-based attractions

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Framework

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Framework

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Playbook

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