5 Easy Business Ideas For 2023 (With No Money) | Summary and Q&A

49.8K views
June 27, 2022
by
Simon Squibb
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5 Easy Business Ideas For 2023 (With No Money)

TL;DR

This video provides five easy business ideas that can be started with no money, including a purposeful property agency, a home plant maintenance business, working with social media influencers, starting a data science company, and starting a gardening company. The speaker also shares their success story of starting a multi-million pound gardening company at the age of 15.

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Key Insights

  • 👨‍💼 Adding purpose to a business model can create motivation and differentiation.
  • 🥺 Leveraging existing market demand and providing unique services can lead to success.
  • 🔉 Niche markets, like social media influencers, have potential for growth and collaboration.
  • ❓ Analyzing data can provide valuable insights and be monetized.

Transcript

so you want to start a business that have no idea where to start don't worry every entrepreneur's been in that position including me which is why today i'm going to give you five easy business ideas which anyone can start with no money i'm going to go through the pros and cons of each so you know which business is the best for you make sure you sti... Read More

Questions & Answers

Q: How can the purposeful property agency help the homeless while still making a profit?

The purposeful property agency can take an existing agency model and add a twist by donating excess profits to help the homeless. By providing a meaningful purpose, sellers may be more willing to list their properties with the agency, as it costs them nothing extra.

Q: What are the potential challenges of starting a home plant maintenance business?

One challenge may be convincing people to pay for monthly maintenance fees. However, by offering additional services like care packages and leveraging existing partnerships with garden centers, it may be possible to overcome this. Additionally, starting small and gradually building technology and cash flow can help in the initial stages.

Q: How can someone effectively work with social media influencers who may not have business savvy?

When working with social media influencers, transparency and clear communication are essential. It's important to offer a structured partnership that benefits both parties and ensures the influencer understands their role and opportunities available. Building trust and delivering on promises will be crucial to success.

Q: Why is starting a data science company a promising business idea?

The market for data analysis and insights is growing, and many content creators may not have the time or expertise to analyze their own data. By mastering one channel and offering data-focused services, there is an opportunity to help creators improve their content and potentially attract partnerships from big players in the industry.

Summary & Key Takeaways

  • Idea 1: Purposeful Property Agency - Start a property agency that donates excess money to help the homeless. The key is to focus on getting stock and delivering on selling the property.

  • Idea 2: Home Plant Maintenance Business - Offer maintenance services for house plants, partnering with garden centers and providing in-person and video services along with care packages for the plants.

  • Idea 3: Working with Social Media Influencers - Help social media influencers without business knowledge to secure sponsorships, collaborations, and brand deals, sharing revenue from their large following.

  • Idea 4: Data Science Company - Assist content creators with analyzing data from platforms like YouTube and provide feedback to help them improve their content and engagement.

  • Idea 5: Gardening Company - Share the story of starting a gardening company with no experience or resources, and how it grew to a multi-million pound business by offering gardening services to homeowners.

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