Interview: Mike Feldstein - Riffing on Business Ideas

Most people chase business ideas that sound fancy. But in this video with Mike Feldstein, the gold nugget was simple: the real money is in being the person who delivers the final solution.

Why This Lesson Hits Hard

You don’t need to invent an app or raise funding. You need to help someone get a result. Whether that’s hanging a TV, setting up a luxury picnic, or hosting Airbnb experiences, the cash flows to the problem-solvers.

Why It Works

• Direct value exchange: people happily pay for convenience
• Low startup cost: skills over capital
• Easy differentiation: most people avoid “unsexy” hands-on work
• Immediate feedback: you get paid when someone’s problem is solved

Real-World Examples

• TaskRabbit built a $245M business connecting doers with local tasks
• Airbnb Experiences hosts make $500–$3,000/month per activity
• Local wall art installers charge $120–$250 per hour
• Luxury picnic startups often hit $5K–$10K per month in bookings