Summary of The BEST business to start in your 20s (2024)
The video titled "The BEST business to start in your 20s (2024)" discusses a seven-step formula to achieve a monthly income of $10,000 by starting a service-based business leveraging personal strengths. The strategy involves avoiding complex business models, targeting profitable niches, and implementing cold outreach to acquire clients. Emphasis is placed on offering high-ticket services, targeting niches with high revenue, and delivering recurring services. online invoicing platforms like Stripe are recommended for easy payments, and Contractor Arbitrage is suggested to hire contractors at a lower cost. The concept of Contractor Arbitrage involves outsourcing work at a lower cost and charging clients a higher rate for profit. The video also promotes an e-learning platform, Agency Navigator, offering guidance on starting and scaling a location-independent business, with a focus on paid advertising. Safety nets provided by the program include a student community, expert coaches, and one-on-one coaching. Viewers are encouraged to enroll in the program for lifetime access, with a discounted one-time fee offered. The ultimate goal is to sign multiple clients and efficiently deliver services to reach $10,000 a month. The presenter shares personal experiences and insights throughout the video, highlighting the value of taking action now rather than waiting.
Notable Quotes
— 40:50 — « Jackson signed his first client for two thousand dollars a month three months ago and hes now gotten paid a total of six thousand dollars from just this one client alone. »
— 46:36 — « The more that you wait, the more that you procrastinate, there are other people right now that arent who are taking your potential clients, who are taking the four figure monthly sums that you should be paid because you didnt take action. »
Category
Business and Finance