After reading the book, I came back on something that I created to fit my own need.
IKEA sold a table designed to go completely over beds, custom fit to match IKEA's beds. The problem was people wanted to buy the table for their own beds at home, but these tables were fit to only IKEA's small sized beds (height wise). This item was eventually discontinued. I was looking for this table to set my lap top on to do work at home in bed (small room) and realized I'd have to make the table myself. I created a better version, one that is adjustable height wise and fits the width of my bed. Here comes the business idea... After reading the book, I remember reading all the comments about how people were trying to make their own version of the table, but nobody was selling an adjustable version. Why not sell an adjustable version to consumers/wholesalers.
-Only would need 4 sizes, for each type of bed (twin, full, queen, king). It has the advantage of having more space on the table over typical laptop trays or half tables. A lot more accessories could come later to make life easier when working in bed/being on bed rest to help build a brand, but that would come after establishing a market.
Some worries: I'm almost positive you can't patent this idea in its current stage. Also, why wouldn't IKEA just make the bed adjustable instead of discontinuing it? Is there really a big enough need for this product to have profitability(by this I mean how can I figure that out)?
Thoughts?
IKEA sold a table designed to go completely over beds, custom fit to match IKEA's beds. The problem was people wanted to buy the table for their own beds at home, but these tables were fit to only IKEA's small sized beds (height wise). This item was eventually discontinued. I was looking for this table to set my lap top on to do work at home in bed (small room) and realized I'd have to make the table myself. I created a better version, one that is adjustable height wise and fits the width of my bed. Here comes the business idea... After reading the book, I remember reading all the comments about how people were trying to make their own version of the table, but nobody was selling an adjustable version. Why not sell an adjustable version to consumers/wholesalers.
-Only would need 4 sizes, for each type of bed (twin, full, queen, king). It has the advantage of having more space on the table over typical laptop trays or half tables. A lot more accessories could come later to make life easier when working in bed/being on bed rest to help build a brand, but that would come after establishing a market.
Some worries: I'm almost positive you can't patent this idea in its current stage. Also, why wouldn't IKEA just make the bed adjustable instead of discontinuing it? Is there really a big enough need for this product to have profitability(by this I mean how can I figure that out)?
Thoughts?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
