u/mimitheminione

Why is it hard to start a bank or hospital?

Why is it so hard to start a bank? This is like a random question, but why aren't people or wealthy entrepreneurs founding banks, hospitals, colleges, etc?

I know this sounds like an obvious question, but even people like Elon tried starting one and it failed, if he couldn't do it, how did banks like Chase, Wells Fargo, HBSU, etc do it? Is it that they have to borrow from the UN? (Where does the highest person in the chain also get their money?)

Jeff Bezos might have the money for it, but he doesn't do it. If I'm not mistaken USA has like 3000 billionaires, but how many own banks?

Why aren't they also founding hospitals then if banks have too many regulations? Everyone is founding AI tech we don't need, where is the actual advancing technology & institutions?

reddit.com
u/mimitheminione — 5 days ago

Who actually needs data analysis?

Hello everyone, may I please ask who actually needs data analysis? I always see data analysis in tech and ecom, but its not talked about in 'boring' businesses. I am talking about the most basic Google sheets analysis of like maybe employee sales, best routes for logistics, neighborhoods needing more repairs and not python scripts, etc.

These are the boring industries I can think of; waste management, water treatment, industrial cleaning, accounting/payroll software, packaging, logistics, pest control, commercial refrigeration, HVAC, labs, private clinics (like lets say a practice) lets also include lawyer practices, insurance conpanies, compliance/regulatory companies, funeral services, construction, chemical distribution, fleet management, elevator maintenance, septic tank services, agriculture supply chains, real estate, car dealerships.

What I like about this idea is usually these businesses keep records/their data on excel or on paper which is easier to perform analysis on, so they just send the document by email or a picture and I'd do analysis and make a report and send it to them in a day or 2. They can choose either weekly/monthly reports, so I'd basically be an employee just one that costs $20-$30 a month(I don't know what price is right, because this analysis takes atmost 3 hours so I don't want to charge people an insane amount for what I can do in 3 hours)

These are all I could gather, people always say find niches to sell to, but do these niches have the problems we think we found solutions to?

Please criticize and roast my idea before I waste money on cold emails or cold calls😂😂

reddit.com
u/mimitheminione — 2 months ago

Who actually needs data analysis aside from tech?

Hello everyone, may I please ask who actually needs data analysis? I always see data analysis in tech and ecom, but its not talked about in 'boring' businesses. I am talking about the most basic Google sheets analysis of like maybe employee sales, best routes for logistics, neighborhoods needing more repairs and not python scripts, etc.

These are the boring industries I can think of; waste management, water treatment, industrial cleaning, accounting/payroll software, packaging, logistics, pest control, commercial refrigeration, HVAC, labs, private clinics (like lets say a practice) lets also include lawyer practices, insurance conpanies, compliance/regulatory companies, funeral services, construction, chemical distribution, fleet management, elevator maintenance, septic tank services, agriculture supply chains, real estate, car dealerships.

What I like about this idea is usually these businesses keep records/their data on excel or on paper which is easier to perform analysis on, so they just send the document by email or a picture and I'd do analysis and make a report and send it to them in a day or 2. They can choose either weekly/monthly reports, so I'd basically be an employee just one that costs $20-$30 a month(I don't know what price is right, because this analysis takes atmost 3 hours so I don't want to charge people an insane amount for what I can do in 3 hours)

These are all I could gather, people always say find niches to sell to, but do these niches have the problems we think we found solutions to?

Please criticize and roast my idea before I waste money on cold emails or cold calls😂😂

reddit.com
u/mimitheminione — 2 months ago