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Micro-Weddings, COOs for Creatives, Super Specific Niche Newsletters
Good morning to all new and old readers! Here is your Wednesday edition of Capital Ideas, exploring four startup ideas and five success stories from the last week to help you find your next business or investment.
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Today’s edition:
> 1: Micro-Wedding Agency
> 2: Source Strategic COO Talent for Solopreneurs
> 3: Hyper-Specific Paid Newsletter
> Stories: Snowflake, Twilio, The Scalable Company
Cheers,
Alex
P.S. Send me feedback on how we can improve. I respond to every email.
Ideas
1: Micro-Wedding Agencies
The days of massive weddings might be coming to an end. The average annual cost of a wedding rose to $30,000 in 2024—with an average of 117 guests, that’s ~$257 per guest!
Side note: in the years immediately following COVID, wedding bookings and demand for wedding services exploded. But the trend for wedding bookings is now slowing down to pre-COVID levels as we can see in this bookings/inquiries chart from Reddit user evanrphoto—a wedding photographer.
So with the rising costs of traditional weddings, and the realization that weddings don’t need to cost as much as a down payment on a house, couples are looking to get hitched more affordably.
Enter the Micro-Wedding Agency.
What would it look like?
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