billion dollar trend spotting by noah kagan

Spotting the Next Billion Dollar Idea

@noahkagan

The Daily Raw Dog

“No wireless. Less space than a nomad. Lame.”-Slashdot

Farmville Game Guides

• 80 million / month players

• 1% are paying

• 5% convert to buying $10 guide

• Total available size: $400,000

Be Selfish

What services do you use every day?

My Other “Failed” Businesses

• Phatcast: YouTube based on bit torrent

• CollegeUp: College Craiglist

• BetArcade.com: Sports Betting Game

Global

• Make an assumption about the next 6 months

The Sexy Trap

• Applications:– Facebook– iPhone– Twitter

• iPhone has 50 million people.Only 70% of revenue.Capture 1 million on a $5 applicationRevenue opportunity: $3,500,000

Bottom line: Good to be the Godfather!

Priorities

– No meeting Mon / Fri

– The 10 / 15 rule

– Only Business Instant Messaging

– Phone saves time

– Email nazi

How much of your time is spent reading blogs?

Mohan Belani’s Screen

Web Tools

• http://tungle.me/noahkagan

• Google Forms

• Remember the Milk

• Instapaper

• Rescue Time

Books to Read

• Influence • Toyota Way• Predictably Irrational • Art of the Start• Paradox of Choice• Ultimate Sales Machine• Permission Marketing or Purple Cow