My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Unbundling of Professional Services
Timeframe: Currently happening across multiple industries
What's Changing
Traditional bundled professional services being split into specialized, convenient, affordable components
Driving Forces
Consumer preference for specific solutions
Technology enabling service delivery efficiency
Price sensitivity for routine services
Convenience and speed prioritization
Winners
- Specialized service providers
- Technology-enabled service delivery
- Subscription and membership models
- Franchise-able service concepts
Losers
- Full-service traditional providers for routine needs
- High-overhead professional service models
- One-size-fits-all service packages
How to Position Yourself
Focus on most frequent, routine service components
Standardize delivery for efficiency and quality
Price significantly below bundled alternatives
Design for convenience and speed
Early Signals to Watch
Example Implementation
“Dry bar for hair becomes model for teeth cleaning services - same concept of extracting most desired service component from traditional bundled offering”
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