How to find a winning business idea
4:19Reading the TrustMRR leaderboard: which products really make money, and how bootstrapped founders got there.
Transcript preview
Yes. So this is a leaderboard which shows you all the products which are generating revenue. Now one thing which you need to keep in mind, a lot of them are platforms. So for example, this TAN, this is also good. So not always think of, oh, they are actually making exact that much money. But yes, they are generating this much revenue for sure. This is a very significant. To give you a perspective, this product which is listed on the second, you can see the MRR here, 863, 632. I'll convert this to INR for people to understand. How much is this? 8 crore, 16 lakhs per month. Now it comes to mind that you will have funding for the team. I launched with him at the same time, similar product. The magic chat I was talking about, this is similar to that. He launched somewhere a little earlier than mine, but very nearby, 3-4 years ago. He bootstraped company and guy is under 30 for sure, around 24, 25 something or 26 maybe. You can see the graph here. Literally, he went from 23 to 24. This is the overall money that he has made is $19 million. $19 million. Right. Just imagine the level. So you have companies like this here. We are not talking about small stuff. You have big players here as well who are exactly revealing what they are building. So you can kind of replicate those kind of things. So there are a lot of products you can find here. One thing which I lagged here was the categorization. So I know how to build mobile application because I did that. I know how to build web application because I did that. But when people are starting, they might prefer that hey, I want to build mobile application. Though categorization I didn't find. So there is another platform which can help you do that. It's called CopyMRA. The whole existence of this website is for this only. Show you the products which are making money and give you exact prompt to copy it. One question we will have here is that if someone is doing the same thing and I will copy it, why will people buy me? Very good question. Now here is what I will say about that. There is always an angle you can play.…
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