Business idea · Subscription

Family Memory Video Journals

Family Memory Video Journals is a service that allows families to create and store daily video journals to capture moments and memories, providing a way to reflect on family growth over time. It was pitched on My First Million, hosted by Sam Parr and Shaan Puri, in the episode "The App That’ll Be Bigger Than TikTok" (aired October 3, 2025).

At a glance

Family Memory Video Journals at a glance
PodcastMy First Million
Hosted bySam Parr and Shaan Puri
EpisodeThe App That’ll Be Bigger Than TikTok
AiredOctober 3, 2025
CategorySubscription
Real companies on the episodeMercury, One Second a Day, Sunflower Sober, Shopify, Sora, Rescue Time

The problem it solves

This addresses the desire for preserving family memories in a more engaging way than traditional photo albums, enhancing emotional connections and nostalgia.

How it makes money

Subscription service for cloud storage and editing features, with options for one-time purchases for specific projects.

Skills you need

Video editing, app development, customer support, marketing.

The market, and why this works now

The rise of cloud computing platforms like AWS enables families to store and access video journals easily and affordably. A practical first-revenue move could involve partnering with parenting subreddits to offer exclusive discounts for their members, generating initial subscriptions through a targeted community approach. A constraint to consider is the potential high customer acquisition cost, especially if relying heavily on paid advertising to reach families who may not yet see the value in video journaling.

Our analysis, written after the episode. Not a quote from the show.

Real companies discussed on this episode

  • Mercury

    A financial technology company providing banking services for startups, offering a modern and streamlined banking experience.

  • One Second a Day

    An app that allows users to create a video diary by capturing one second of video each day.

  • Sunflower Sober

    An AI-based app that serves as a personal sponsor for individuals recovering from addiction.

  • Shopify

    An e-commerce platform enabling businesses to create online stores and sell products.

  • Sora

    An app developed by OpenAI that allows users to create AI-generated videos using their own voice and likeness.

  • Rescue Time

    A tool designed to track how much time users spend on different activities on their computer.

Where this idea came from

Podcast: My First Million, hosted by Sam Parr and Shaan Puri

Episode: The App That’ll Be Bigger Than TikTok

Aired:

Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.

Find more ideas like this

What to do next

  1. Listen to the episode. "The App That’ll Be Bigger Than TikTok" on My First Million
  2. Study a real company from the episode: Mercury
  3. Find an idea that fits your budget, hours and skills
  4. Compare it with a similar idea: Hampton Community for Entrepreneurs

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