Business idea · Physical-Services
Parking Lot Warehousing Solution
Parking Lot Warehousing Solution is a service that helps businesses utilize unused parking lot space for temporary warehousing and logistics solutions, particularly during times of restricted access to traditional warehouses. It was pitched on My First Million in the episode "The Board Game Billionaire: From a $10k Kickstarter to $100M/Year Business" (aired April 21, 2025).
At a glance
| Podcast | My First Million |
|---|---|
| Hosted by | Sam Parr and Shaan Puri |
| Episode | The Board Game Billionaire: From a $10k Kickstarter to $100M/Year Business |
| Aired | April 21, 2025 |
| Category | Physical-Services |
| Real companies on the episode | Exploding Kittens, Catchables, Hurry Up Chicken Butt, Poetry for Neanderthals |
The problem it solves
Businesses often face logistical challenges during crises or restrictions that limit access to their usual warehousing options; this idea provides an alternative solution.
How it makes money
Charge businesses for parking lot usage on a subscription or per-use basis, along with additional services like logistics management and repackaging.
Skills you need
Logistics management, negotiation, real estate knowledge, and project management.
The market, and why this works now
The rise of e-commerce has increased demand for flexible storage solutions, making parking lot warehousing a timely option. Businesses can start generating revenue by listing available spaces on platforms like Peerspace, which connects users with underutilized venues. A key risk is the need for upfront capital to secure leases on parking lots, which may take time to recoup, especially if demand fluctuates seasonally.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Exploding Kittens
A board game company known for creating the popular card game 'Exploding Kittens', which emphasizes fun and social interaction among players.
- Catchables
A board game designed to engage players through physical activity and fun challenges, appealing to families and friends.
- Hurry Up Chicken Butt
A family-friendly game designed to be engaging for both children and adults, focusing on fun and interactive gameplay.
- Poetry for Neanderthals
A party game that involves creative expression and communication, appealing to a wide range of players.
Where this idea came from
Podcast: My First Million, hosted by Sam Parr and Shaan Puri
Episode: The Board Game Billionaire: From a $10k Kickstarter to $100M/Year Business
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.