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💬 Pat Walls shares a business idea…
Some sort of vetted YouTube/TikTok/Instagram scriptwriter marketplace / job board.
Pain point: Finding good writers for video content is nearly impossible.
Pat started a YouTube channel in April and has grown to 120K+ subscribers since 📈
A big part of that growth is storytelling.
A recent video from his channel will give you a feel for it…
- I Became A Venture Capitalist With Only $1,000…
Back to Pat’s business idea…
1/100 people who call themselves writers can actually write video content that performs.
It’s so hard to find this talent that creators will just say ‘fuck it’ and do it themselves, even though it’s the biggest bottleneck for any creator trying to scale.
The hard part of this business would be vetting the scriptwriters to be amazing and keep it very high quality.
I would use this and pay for it.
There are surely a whole bunch of YouTubers like Pat who feel the same way.
But before you start building, keep in mind that marketplaces are tough 🙈
I consider them a Level 5 online business.
In other words, among the most complex / difficult / expensive to build.
So if you want to run with Pat’s idea, a much-less-difficult approach would be to find 2-3 great video scriptwriters, and start an agency with them.
Your job as head of the agency would be to find brands to work with, and make sure the scriptwriters have everything they need to deliver great results for those brands.
If all goes well, you could eventually hire more scriptwriters and transition into a marketplace business.
💡 Another idea here: how about creating an AI app that generates new video scripts based on the scripts of existing videos?
Simon Høiberg did that for a video several months back (skip to the 3:19 mark)…
But I believe there’s still no app that makes this process easier 🤔