I am interested in creating a community for expats, so I'm soliciting IH's advice on how to build a valuable community.
@csallen recently laid out a common theme amongst rapidly successful startups:
Aggregate useful data to build an extremely valuable directory or resource.
Grow an audience/network/community around that resource by providing free access and generating content.
Capture this audience by getting them to join a mailing list, join a community, subscribe to a social media channel, subscribe to a podcast, etc. Or have badass SEO for your content. You just need some way to reach your audience repeatedly.
Monetize via sales or partnerships with large companies.
Personally, I'm extremely interested in expatriating. I think there are a lot of opportunities in the Caribbean & South America – i.e. cheaper, attractive real estate, less regulated, less developed, amazing environments, etc..
I'm considering building a social network like IH, with a feed, people, cities, properties, and unique benefits for premium subscribers. However, I'm concerned that a bunch of features is indicative of not solving a real problem.
Real estate appears to be one of the most interesting data sets to aggregate, but traditional brokers like Sothebys already have a ton of RE listings.
City data would also be relevant, but NomadList already has a TON of data mapped out as well.
Personally, I just want to connect with people who live abroad, because they seem to value free markets & individual liberty more.
How can I build a valuable resource, without wasting time by building just another social network?