7 Ideas for Small Businesses

Filed in RECRUITMENT, School News Update by on December 12, 2019

7 Ideas for Small Businesses

In this Article, we’re going to talk about seven ideas for small businesses in And if you to hear those ideas, continue reading this Tips.

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In my life. I’ve tried two types of businesses. The first one is when you master a skill, you build a community around it, you’ll learn how to sell your skill and you just scale and the good example is YouTube. I started YouTube, I scaled it, I build a community around it, I realized that I know how to build a scalable channel and I just launched my course and this is how you make money and that will be enough for me and my family to make a living. The second type of business is when you build a platform that allows other people to make money and the great example is splendid Express.

 

Realized I have a problem that I still make mistakes in my written English, my team build a platform where we onboard a native speakers who correct the text in real time. And this way I allow native speakers to make money. And so the problem, so build a platform. And yes, because we had a tech team because we knew how to build those products. We did pretty fast, like three or four months. But we built a platform before the platform we were trip. And I think the second type of business is when you can target like billions of dollars. Uber is the platform where you can be my YouTube is a platform where creators can create Instagram, like all the social media, all kinds of marketplaces is that kind of business. But I would always advise people to start with business number one, like mastering skill and scaling it and then go into the second type of business because it’s crucial to try doing something yourself first. Okay, idea number one, I’m going to talk promote experience. I already mentioned that I’ve launched a course I love

In 2018, so back to Russia to visit my family and I met a couple bloggers like brushing bloggers, 100,000 subscribers and Instagram. And I’m asking them, how do you guys make money? And the girl answers Oh, you know, I teach people how to certain Instagram. I’m like, but you only have 100 K, she’s like, whatever. There is so many people who want to become a blogger. So I just teach them that like, How much money do you make? If you don’t mind me asking? She’s like $5,000 a course. And I’m like, how many courses are you do a month and she’s like, minimum two. And I’m like, Wow, that’s a lot of money. So listen to her. And I’m surprised that people make so much money on just like online tutoring. And I’m like, why don’t I launch a three hour webinar on how to start in YouTube animate a lot of money like basically $10,000 or more and like wow this is a huge niche even if you don’t have a little following because only launched that course and my Instagram so I only announced it to the public on my Instagram. I was still able to make that much money. So idea number one if you’ve mastered a skill over

Ready and you are willing to share it with other people start an online course there’s so many resources out there that you can use. So go ahead and do it. Number two, you’re like a fairly million is going to just talk about blogging. No, I’m going to talk about things that you can do tomorrow. That’s actually a huge market. And it’s growing because people have less and less time to take care of their homes and skills cleaning like it took me a month to find a good cleaner here in San Francisco. And it finally found a girl was really good of really professional and she charged us $120 to clean a two bedroom apartment. And it takes her three hours to do that. So she charges like $40 an hour, which is like a developer charges that money and we used to have a startup called home joy where you could hire people online to clean your apartment or office but they shut down so there is so much demand for a good cleaner and I keep hearing people asking for that. So this is something where you can start make some initial capital and then decide whether you want to grow

there and start your own company like help people find cleaners or maybe just go and switch activity but with initial capital which is great business number three also one of my friends is doing that you’ve probably seen me wearing a golden moisturizing mask on my Instagram This is done by my friend was actually intact he’s not an Amazon professional but this is what he’s done. He went to South Korea visited some factories where he’s found really good moisturizing face masks and bought them for like $1 and then he came back to America has shipped all the masks and he selling them for him like $16 a mask on Amazon and what’s cool about selling on Amazon you don’t have to have your own garage where you store everything and you don’t have to ship everything you just send it to Amazon and they do the rest in your task is just to sell and collect reviews that’s it and yeah he’s making a lot of money on those masks he’s still doing has been doing that for over a year is pretty successful. It’s like a good business because he’s running a technical

company and this is something you’ve totally try the next business meal prep and delivery. Oh my god. Again, huge problem here in San Francisco. huge problem anywhere I miss homemade food. I can not make my mom come from St. Petersburg to San Francisco cook for me. But I missed homemade food a lot. And I would love to invite a person to come to my place every three days to cook me a big pot of soup and maybe like fry some meat or whatever there is just no such service so you could start again you could start in your own do some cooking and then grow your network grow your network cookers, growing network of clients and build something on top of that I think it’s a great idea with a lot of potential again people don’t have time to even go to a restaurant because you have to wait the next one is surprising but it’s actually two rending like crazy here in Silicon Valley which means is going to trend all over the place it’s a bike rentals and scooters the scooter business

 

Started in 2018. They had a lot of problems with laws and regulations. But two companies survived. They’re both acquired. I think they got acquired for like, over a billion dollars. And they raised like 200 million acquired by like taxi companies. But guess what, if you’re setting like a small shop, renting out scooters or renting a bikes, the market itself has grown 73% in the last 10 years. So you have two options in the future. You either grow profitable business which is growing or second you get acquired by a company which is also great option you get your money and your free another business personal trainers and instructors and again with online you have so many opportunities to train people all over the world. I’m doing this marathon I think like $49 for it which is like a button marathon and trading every day for like half an hour and the girl was doing that she just pre recorded all the courses She’s not even there I’m just switching on her videos and she recorded like 35 videos and a love to train like that because I

Choose my own time. We have a gym here at home. And this is a huge future for all of you. Fitness Trainers. Jim Ross is a great company which does all of the pre recorded courses. And it’s a huge trend here in Silicon Valley as well. Because people don’t have time to come into their fitness.

They just do a quick workout in the morning at home using a screen. So fitness instructors, yes, you can build your audience with like real life training, but you can also go online and do your own course and make a lot of money. And the last but not least CPA accounting. I cannot do my books by I could potentially but I know I’m going to make so many mistakes and probably miss some things that would allow me to save on taxes. So I’ve been shopping for a CPA for a couple of weeks. In 2018, my assistant helped me a lot and we found a guy who’s working with creators but that’s a huge market. It doesn’t matter that there’s so much software out there that helps you optimize and divide your expenses by categories because real CPA knows all of the laws that will help you save on taxes. And that’s why there is a huge demand for a CPA. But no matter what you do, no matter what kind of business you choose to start in 2019, what you really, really need is your leadership skills. Because it doesn’t matter how profitable the niche is, if you cannot convince your buyers that you’re the best seller, if you cannot convince people that you’re a real expert, then nothing’s going to work you have to show credibility. You have created great product and you have to talk in a way that people want to buy from you. And I found a great course we just called influence mastering life’s most powerful skill. And I agree with it so, so much. It is taught by a PhD by real American I think Americans are the best at influencing people just you know, all of the movies that we see it probably from Hollywood, other music that we love is like mostly from America. So Americans are really good at influencing people. And I think the best place to learn influences from an American PhD. I love

How online education is evolving and how you can learn from the best professionals in the industry. Great Courses. Plus is a subscription on demand video learning service with Davos lectures and courses from top professors from the Ivy League. That’s amazing about today’s world, you don’t even have to go to a top university to learn from top people. You just go online, take a course and you get the best information in a condensed way. So you can just apply it straight away to your course or your small business Great Courses Plus gives you unlimited access to a huge library of over 11,000 video lectures about anything that interests you. In my case, I’m mostly interested in economics, marketing, all of that kind of stuff that helps you evolve as an entrepreneur and they have a huge section on that I would take the influence course I would also take the like basic economics course because yes you can do all the business but I have economics background I did my bachelor’s if you haven’t done that I would highly recommend just you know, getting acquainted what is market economy how to how to things we

can finance is a really good course. It’s not just something you can find online. This is again by top professors. If I’m giving you valuable information please show me your support by getting a free trial from the Great Courses Plus subscribing using my link the Great Courses Plus comm slash silicon valley girl. That was it for me for today guys, please let me know what do you think is the most valuable skill for an entrepreneur? In my case, I think it’s sales and marketing because the rest are getting hired people but it’s really tough to hire a marketer who would sell your vision because you’re the vision there let me know down in comments below. What do you think is the most important skill in please get your free trial and the Great Courses Plus and let me know how that course work for you. I skirt this channel like this Article and I’ll see you soon in next blocks. Bye.

 

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