💡 Start My Idea: Weekly Report 7/11/2024

Hey there,

Welcome to this week’s Start My Idea report, where we spotlight early-stage trends and emerging products that are grabbing attention in the market. Let's dive in!

TRENDS TO WATCH
📈 Weekly Trends to Watch

Trends on the Rise

• Ambercycle: A Los Angeles-based startup that turns textile waste into raw materials for manufacturing. Through its “molecular regeneration technology,” Ambercycle recycles discarded polyester and creates Cycora, white polyester pellets that can be used to create new yarn. Beginning in 2026, Athleta will begin using Ambercycle’s Cycora to manufacture its athletic apparel.

• CNAPP: A CNAPP (Cloud-Native Application Protection Platform) is a security solution that provides centralized cloud risk visibility. Specifically, CNAPPs act as a comprehensive security platform that enables businesses to “shift left” to implement security measures throughout the application lifecycle and “shift right” to respond to security threats in real-time. Increased cloud usage means increased spending on cloud security.

• Buldak Ramen: An instant noodle packaged with a flavoring powder and spicy sauce packet. Buldak, which translates to “fire chicken” in Korean, first gained popularity in South Korea and recently became the subject of a viral food challenge on TikTok. Since launching in 2012, sales of Buldak ramen have totaled $2.3B. It’s been tagged in more than 360 million posts on TikTok and has racked up millions of views on YouTube. Over the past two years, search volume for “cheese buldak ramen” is up 350%, and search volume for “buldak recipe” is up nearly 500%.

• Photoroom: An AI-powered photo editing app geared toward marketers and content creators. Photoroom is most often used to create images for product marketing. Features like background removal, AI fill, and AI background creation help e-commerce sellers improve unprofessional product images. The app has 100M+ downloads on Google Play. Photoroom is currently valued at $500M.

WEEKLY IDEAS
💡 Your Weekly Business Ideas

Based on this week's hottest trends, here are some quick-start ideas you could consider:

• Spicy Ramen Fusion Café: Leverage the popularity of Buldak Ramen by creating a café that offers unique fusion dishes featuring Buldak Ramen and other trending Korean foods like frozen kimbap and tissue bread.

• Cloud Security Solutions: Create a comprehensive security solution for small to medium-sized businesses that offers features similar to CNAPP, focusing on real-time threat detection and centralized risk management.

• Eco Textile Recycling: Start a business similar to Ambercycle, focusing on recycling different types of textile waste into reusable materials. Partner with local fashion brands to create a sustainable fashion line.

• AI-Powered Content Creation Tools: Develop an AI-powered tool for content creators that offers advanced features like background removal, AI fill, and custom templates, inspired by Photoroom.

For next week, we’ll continue to explore fresh ideas and provide insights to help you start your own business journey. Stay tuned!

If any of these ideas sparked your interest, or if you have any feedback, we’d love to hear what you think. Follow us on twitter/x and join our reddit community at r/startmyidea.

“I'm not saying I'm going to change the world, but I guarantee you that I will spark the brain that will change the world.” - Tupac Shakur