NicheSeeking
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Date of Foundation
2024

NicheSeeking

Ignite your entrepreneurial spirit within.

The Idea origin story

NicheSeeking is a groundbreaking platform that enables budding entrepreneurs to identify their perfect business niche. Leveraging gamification and AI, we engage users in interactive exercises and simulations to match their passions, skills, and experience with market opportunities. Offering tailored guidance, insights, and a rewards system, we seed entrepreneurial aspirations and provide a risk-free environment for those exploring business ownership.

The Mission

NicheSeeking inspires and empowers on-the-fence entrepreneurs to discover their niche, offers grounded advice on starting a business, and guides them on how to put wheels on their dreams.

Clients

Aspiring entrepreneurs, career shifters, hobby enthusiasts, side hustlers, solopreneurs, freelancers, and business students and graduates are all customers of NicheSeeking.

Problems we solve

Client’s problem

NicheSeeking addresses the challenges and uncertainties faced by aspiring entrepreneurs when identifying a viable business niche. They are held back by a lack of direction, fear of failure, limited skills or experience, and resource constraints. They often struggle with confidence and the ability to detach from their current way of life, especially if they are working people.

Confirmation of problem

The problem's relevance is highlighted by numerous Reddit users expressing their fervent need for direction in exploring alternative life paths.

Solution

NicheSeeking offers a platform that helps overcome hurdles, validate ideas, and build confidence to enhance users' entrepreneurial journey's success.

Our technologies

This solution is based on technologies

How it works

PitchBob’s recommendation: NicheSeeking is a gamified, AI-driven platform guiding users through niche discovery, idea validation and business simulation.

Value for the client

"NicheSeeking equips potential entrepreneurs with the clarity and confidence to identify their ideal business niche leveraging AI & gamification."

Market and strategy

Market size

11

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

5

% of the market

Is our goal in the next 3 years

Team

My name’s

Kyle Greenwell

My key role in the product

My key role is Founder and Product Manager, where I oversee the development of our platform, ensure excellent user experience and lead marketing efforts.

Team size and key members

As a solo entrepreneur, I'll initially shoulder all responsibilities. However, as we grow, I plan to bring on board talents in tech development and marketing.

Competitors

Competitors

Aside from direct competitors like LivePlan, Enloop and Startups.com, other learning platforms such as Udemy, Coursera or MasterClass can also pose a threat. Indirectly, data analysis tools like Google Trends and Jungle Scout could potentially compete with us too.

Our Advantages

NicheSeeking aims to be the first comprehensive, AI-driven entrepreneurial platform that combines personalized, data-backed insights with a vibrant community and a rich library of resources, empowering aspiring entrepreneurs to make informed decisions, increase their chances of success, and turn their business dreams into reality.

Business model

NicheSeeking operates on a credit system, promoted through user engagement and referrals. Purchases are optional with 1:1 USD-to-credit ratio. No cash-outs allowed.

Traction

We are in the early stages of our startup, focusing on ideation and rigorous market research. Our foundation rests on a strong business plan developed cognitively with AI technology, specifically ChatGPT.

NicheSeeking aims for sustainable growth, driving revenue via new channels and scaling efficiently. We're strengthening investor trust while boosting user retention and growth. Pursuing strategic partnerships with entrepreneurship hubs remains a key focus to consolidate our progress.

Metrics

NicheSeeking gauges success through metrics like Monthly and Daily Active Users, average time spent per session, user journey stages, engagement with community rewards system. It also underscores idea validation along with effective resource utilization.

Incorporation

Our company incorporated in

Delaware

Key risks

The main risks of my startup might be the difficulty in getting users to initially engage with our platform, potential competition from established business mentorship and learning platforms, or shifts in market conditions affecting demand for entrepreneurial guidance.

Investments

$

200

We raised investments

Our Investors

Only me

Rising Investments

$

20000

Currently, we are raising investments

$

50000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

I am the Founder and Product Manager at NicheSeeking, a unique platform that empowers budding entrepreneurs to discover and settle into their business niche. Given the complexity of our mission and the journey ahead, I am actively looking for a co-founder who will become an integral part of our work and growth. As co-founder, your role will entail sharing responsibilities, from product development to marketing strategies and business operations. The ideal person for this role believes in our mission, possesses excellent technical expertise, particularly with AI and gamification, and demonstrates strong leadership and communication skills. NicheSeeking, still in its idea stage, is designed to inspire entrepreneurs to shape their dreams into reality. Using AI and gamification, our platform offers users a personalised journey of niche discovery, idea validation, and preparative business simulation. While our current market size stands at a promising $11 billion with a target of 5% market share, the road to success will not be easy, given competition from verified platforms like Live

Open positions

Job Title: AI Developer Company: NicheSeeking Location: Remote Description: NicheSeeking, a startup guided by the mission to ignite the entrepreneurial spirit, is seeking to hire an AI Developer. As an AI-driven platform, we use innovative technologies to guide aspiring entrepreneurs to identify their perfect business niche. Leveraging gamification and AI, we deliver personalized, data-backed insights along with a vibrant community and a rich library of resources to our users. We are in search of a passionate and motivated AI Developer to join our devoted team. The ideal candidate should be able to work independently, coding and testing our platform for enhancement of the user experience, and ensuring the effectiveness of our AI tools. Key Responsibilities: 1. Developing, testing, and implementing AI models. 2. Conducting performance tests and fine-tuning models. 3. Collaborating with product management team on AI application in user experience. 4. Adhering to compliance and standards in AI development.

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Additional information

Additionally, a future subset of users of NicheSeeking may be those who have been displaced by future versions of artificial general intelligence. Imagine a tool like NicheSeeking to empower those users to regain financial stability and purpose in life.

Idea