Business idea · Marketplace
Digital Product Marketplace for Military Templates
Digital Product Marketplace for Military Templates: This platform sells digital templates specifically designed for military personnel to assist them in writing evaluations, awards, and counseling documents. It was pitched on The Side Hustle Show, hosted by Nick Loper, in the episode "570: A 6-Figure Online Business, Starting as a Side Hustle" (aired June 22, 2023).
At a glance
| Podcast | The Side Hustle Show |
|---|---|
| Hosted by | Nick Loper |
| Episode | 570: A 6-Figure Online Business, Starting as a Side Hustle |
| Aired | June 22, 2023 |
| Category | Marketplace |
| Real companies on the episode | NCO on Fire |
The problem it solves
Military personnel often find it challenging to create the necessary documentation for evaluations and awards, which can affect their careers. Many existing resources are generic and do not cater specifically to military requirements, leading to wasted time and ineffective submissions.
How it makes money
E-commerce model where users can purchase individual templates or bundles at a set price.
Skills you need
Content creation, knowledge of military documentation standards, digital marketing, and e-commerce operations.
The market, and why this works now
The rise of remote work and digital documentation has increased the demand for tailored military resources. A viable first-revenue move is to list templates on military-focused forums such as r/Military on Reddit, where service members seek advice and resources. A key risk to consider is the potential capital required for content creation, especially if hiring experts familiar with military documentation standards is necessary.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- NCO on Fire
NCO on Fire, founded by Steven Faust, is an online business that provides resources and guidance to army soldiers to help them accelerate their promotions. Through digital products, mentorship, and a robust email funnel, the business addresses common challenges faced by soldiers in the promotion process.
Where this idea came from
Podcast: The Side Hustle Show, hosted by Nick Loper
Episode: 570: A 6-Figure Online Business, Starting as a Side Hustle
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.