Smash House

A location where people go to just break stuff. Market it as a stress-reliever a la massage or counseling. I Googled and found a few across the U.S. Unfortunately a couple had closed. Not sure sustainable this would be. I could see it being popular short-term. Doing a mini one in a garage as a side gig could be decent.

Hoop Court Project

More of a fun idea I am thinking about doing. Taking pictures of outdoor basketball courts. I spent a lot of time at playgrounds growing up so this is a fun thing for me. Start taking pictures of the courts in my city, and then crowd-source via social media to get images of pictures from different areas and ideally different countries. Not really for profit but could potentially get some kind of sponsorship.

Hoop Court Project could be really cool.

I don't think there's a ton of money in it, but I would def check out the site/consider buying a photo book.

Courts of the World does something similar but doesn't seem to have taken off yet. https://www.courtsoftheworld.com/featured

I thought of 2 non-profits

public pond - the non-profit builds small public ponds throughout the southwest United States for the purpose to provide for wildlife, fishing, and recreation. In historic days wildlife would migrate from the mountains to the few springs and marshes during the summer dry season. However due to human population growth the springs and marshes are developed. Thus, to compensate construct 100s or 1000s at small ponds in the foothills to help with flood control but mainly to help wildlife and provide recreation.

the 2nd is just a pass-through non-profit where you can donate items like stocks, and art where it is sold and then you have a non-profit account to donate to other non-profits in cash.

I always thought it would be fun to have a full golf course but with a miniature golf course theme. In the 1970s when I was a kid, miniature golf courses were everywhere. But imagine a 500 yard par 5, where you shoot towards a castle. The fairway might be exactly 50 yards wide but on each side a moat. To get the ball on the green you can hit it off the roof. the green might be a verticle 50 feet above the fairway. The greens might be perfectly square and perfectly level, thus putting would take 2nd class to driving. People can watch you putt while eating dinner (though thick glass) where you are 30 feet from the cup.

Didn't get very far with this but I was thinking a watch that has some type of feature to function as a lock as well. Either develop some type of watch that has a lock mechanism or some type of cheap technology that can be attached to a watch to function as a lock.

why?

Something like an RFID pad-lock that you can use a phone or token to unlock?

https://www.thequicklock.com/product-padlock.php

lmfao

Since I read Elon Musk's biography more and more ideas have started popping into my head.
One idea (this could be potentially worth millions with right execution) is something like a periscope inside of a car, so when you're in a jam you can just pull up the periscope and see what's going on.

Another angle just popped into my head for a car periscope right now.

If you're in a bad neighborhood with another passenger, he can look through periscope if there is any danger ahead so you can avoid it.

https://www.youtube.com/watch?v=YQRm1cg8T8I

i have a feeling this one is already there in the market, i just haven't seen it. If it isn't, this should be pretty basic and actually very important.

Bluetooth in TVs to connect to your Bluetooth headphones.

Very useful when trying to watch TV and other person is trying to sleep

Carrying parcels while traveling

Most airlines offer a free carry on and some even allow a free check in baggage (mostly outside US). Imagine you set up a company life FedEx that has offices at each airport. Before flying, you tell them how much you can carry for free and they give you a package of exactly that weight/size.

You get a package that you carry with you and deliver at the destination airport

few bullet points
* airlines might start charging fees for bags
* Passengers might disappear with the baggage (you can have them pay security deposit)
* Company might sneak something illegal such as drugs because they aren't at risk at all (very unlikely if its a good solid company looking at this as a long term business)

I see some more obvious problems, but the idea seems worth a thought

Sure, Ahmed, I will carry that package for you.

Automated pay at fast food. Yes, there is automated pay, but it would be nice to put Susan B. Anthony's or be able to prepay before you get to the window. Sort of a tweener between having a second window and not having one. Thus, the customer can go to the window if they want or use the pre-pay. Most people would probably just swipe their debit card. But, more people would prepay assume it save 10 seconds and the average employee after all taxes is paid $18 per hour it would save 1/600 of an hour or $0.03. I give the option for the store to only accept prepay from the companies food card, thus they can earn interest off the accounts at the same time. Before you order, you can put your card in the booth as pay as soon as the order is completed too. You can also install Outerwall coinstars in some stores to automatically put credit on the card.

To add to last idea, it can also be used to track calories. You can go online and look at what you ordered with a calorie list.

If you use it at an ordering kiosk and are trying to lose weight. There would be a calorie limit to what you can order. High calories non-nutritious items would disappear from the menu. When your calorie limit was reached the screen would prevent you from ordering more.

If used at multiple restaurants and grocery stores, you can limit the total amount of calories to 2000 per day and after you reach that limit, the card would buy no more.

Calories / grocery store part is ridiculous because not every one has no spouse / kids and does grocery shopping every day for exactly only that day (Oh no, I've bought a bottle of cooking oil, no more food this week, kids).

Similar problem at fast food, now you can't order for a friend / kids? Or do you have a "This is an exception, I swear" hotline / button where the cap can be temporary disabled, that will never get abused by people who need this in the first place, I'm sure.

I think there's merit to getting more nutritional info about your food though. Having some kind of printout of the calories, etc of everything on your grocery list, or the fast food you just ate would be nice. It's annoying to google these things one by one.

Stock broker account with dividend booster. When you invest your money if you die, the money does not go to your beneficiaries, but to the death pool at the broker. The death pool is 100% stocks all picked by the deceased (never sold).

Thus say you have a 100K in stocks that pay a 3% annual dividend.
https://www.ssa.gov/oact/STATS/table4c6.html
When you are 80 there is a 6% chance you die every year. Thus, you get 6 shares of the dividend of the death pool. Suppose the death pool has a 2% dividend. Let the death pool be liquidated at total 5% a year including dividends. Thus, 3% of the stocks are liquidated, by marketcap.

Suppose the death pool is $100,000,000,000. 5% is 5,000,000,000. Suppose there are 5,000,000 shares. Thus $1,000 is distributed per share.

You have 6 shares so you get $6,000 extra dividend. Problem might be people lying about their age.

Maybe annuities are better. But, the idea is the death pool covers long-term care too. I suppose everything should go to death pool when you sign up. Thus, as you age your dividend check rises, quite fast. By the time you are 90 there is a 17% chance you die. Thus you get 17 shares.

Maybe each unit is $10,000, and you get 17 shares per unit at 90. Thus, if you invest $100,000 you have 10 units and you get 170 shares.

I don't get it, but I'm intrigued.

Not an old, nor in finance so this may be a dumb question: where does this differ from an annuity?

The problem with fixed annuities is they don't adjust with inflation. Variable might but many would like to make a pool and not have any fees and give people the chance to donate to make the pool larger.

A recent estimate from Immediateannuities.com, a low-cost annuity bidding service, shows that $100,000 for an 80 year old women could buy an annual lifetime income of $10,392 (a 10.39 percent payout rate) in 2003 (much lower now due to low interest rates).
http://www.cbsnews.com/news/solving-...ncome-dilemma/

But, the problem is it is usually fixed, if inflation is 5%, the loss in value of the dollar halves every 10 years. So your $10,392 payment is now $5000 in real terms and you are still 90. Average assisted living might be $3500 a month. Average nursing home is about $8000 a month ($90,000 a year). Once you enter a home you have 65% chance you will be dead in year. The population over 70 has a 5% chance of being in a nursing home. Thus, you are at $5000 cost per $100,000 of deposit for nursing home insurance. However, you can tap into the dead pool. For every $100,000 of alive pool, there might be $300,000 of dead pool. Thus, your $100,000 of investment might generate $20,000 in average dividends. But you would get a much bigger check at 90 than 70. Thus, you have incentive to get out of the nursing home and extend your life. When you are 70 you might get $2000 dividend, but when you are 90 you might get $70,000 without being in the nursing or assisted living home. A lot of math to figure out.

Can you please send me some of what you smoke every day?

I don't smoke or drink (maybe once a year). I decided I wanted to experience life in reality in the present.

The alive and dead pool would be combined, but it is just fun to say. Also, if you sign up at 60 you need might only need $50K: 25K at 50, 13K at 40, 7K at 30. Fixed annuities generally invest in bonds and take a large fee. Virtually all the investments will go to payouts. Once the dead pool becomes maybe 3x or 4x the alive pool then they can increase payout to prevent it from getting too large. It might even be possible to transfer the policy to your kid or wife.

What is the value of an organ donor's corpse? There should be a program where if you register as a donor, in case of death someone of your choosing gets like $500, if that is financiable.

I love the idea of this service. Seems like it could be a winner to sign people up that work in big offices with huge parking lots. Sign a few hundred people up and you come once/twice a week to top off their tanks.