The Newest Small Business Ideas for Men in 2019

Transcript: hey everyone so in today’s video we’re gonna share nine business ideas that we have not discussed previously on this channel these are gonna be some different ones that you probably haven’t heard of very often sometimes you’ll see videos or blog posts with these business ideas that are just very common like drive for uber and and make money right those are some very basic ones these are gonna be a little bit different some of these i’ve done in the past and others I just think could be really interesting ideas that could be multi-million dollar businesses that you can make out of these or they could just be something to supplement your income make an extra ten or twenty thousand dollars per year it really just depends on what you make of it but we’re gonna get into that in this video these nine business ideas if you are new here to the channel make sure you subscribe to the channel for more videos like this one we really do our best to help people financially help them grow financially by saving money making more money investing and just overall building wealth over their lifetime so they can live a happier healthier life so let’s get started with this video make sure you subscribe drop a like on the video if you find any value in it would HIGHLY appreciate it and it helps boost the video in the algorithm so let’s start off with the first one here which is something that I did back a few years ago now time really flies but this one you don’t really hear of it very often but it’s something that I made enough money on to essentially pay for a good portion of my freshman year of college which was making money off of the election so look when going about this we’re going to talk about some more specifics of this in the next minute here but this was a situation where the 2016 election look let’s not get political here but I think a lot of people weren’t really big fans of either candidate at least I mean in the United States you can apply this to most places in the world but in the United States a lot of people weren’t big fans of either candidate I found myself in that position so I said you know what I’m not sure who’s gonna win this election but I want to make sure that I win in some way because I feel like I might lose either way cuz I’m not a big fan of either candidate let’s not get political really I hate politics but I said I want to find a way to make some money so I ended up monetizing the election by selling things that were closely related to these candidates without actually infringing upon any copyrights so there’s a lot of different political bumper stickers that I was selling that weren’t just political logos but more so things that you can use that are general sayings or terms that you can throw on bumper stickers that you can make money on and I was selling those on eBay and I was selling a good bit amount I think I was doing over a hundred hours a day in profit from bumper stickers which sounds weird but when you actually run the numbers if you’re selling them for 399 buy two get one free and you’re selling 20 30 40 per day it can really add up to over a hundred dollars a day for what was taking me about 30 minutes a day to just slap some labels on some envelopes and mail them out it was very simple less than an hour a day and I was making a lot of those just around the political area because there’s so much going on especially in America it’s so polarizing I really don’t like politics how people are so angry and like against each other but there’s there’s ways to make money off of it you can go make t-shirts you can go make different things but I want to caution you on something don’t infringe upon copyrights you can’t just take somebody’s campaign logo slap it on a t-shirt and start selling it everywhere you’re probably gonna get sued for that don’t do that just find a way to do something without actually using copyrighted materials so that’s my tip there for this one the 2020 elections coming up and if you’re not in America you probably have an election cycle as well where you can find a way to monetize it and it’s not just selling bumper stickers or t-shirts or something there’s a lot of other ideas behind this one and we’ll move on here but I want to leave you with one last thing that you know when you think about campaigns there’s a lot of money being injected into campaigns we’re talking thousands we’re talking millions of dollars for some campaigns and they need yard signs they need all kinds of apparel they need pens that have their their company on it or sorry their campaign for it so there’s so much money floating around in politics it’s absolutely ridiculous and you can certainly tap into that and make some money off of it’s just my idea and I think it works pretty well the next one here is by becoming a drone pilot so a commercial drone pilot the way to think of this is look if a business wants to do some shooting for maybe they want to do like a tour of their campus or they want to get some really nice commercial shots for a commercial well in that case you can’t just fly drones around for commercial purposes in the United States for the most part so what you need is a license to do that now if it’s a recreational drone usage that’s a different story you can look into this in the US and the laws on it but in a lot of cases businesses are wanting to have to find a licensed drone pilot to get some drone footage for that mean you can become that person I don’t want to downplay it it’s not something that’s very easy to do you do have to become licensed you do it to pass a test but you can charge a pretty premium amount of money to help people do this I know multiple real estate agents who will pay people to do flyovers of the property and get some pictures and videos of the house or the property that they’re selling and that’s something that you could do to make some money I know some people who have done this and have made quite a bit amount of money especially you know 20 30 $40,000 per year on the side do it on the weekends and make some money off of it’s just certainly idea that you can explore the next one here is something that’s might might be a little bit more difficult to actually achieve at first especially if you’re starting with the lower amount of money but it’s one that I just find so interesting and this is a little bit of a personal story here but when I was down in Panama I was staying in a hospital for a couple of days and I was talking to this this man who was probably coming up on 40 and I thought he was just staying there so a hostel essentially is is where you’ll have many people kind of sleeping in the same room bunk beds but it’s usually like 10 dollars a night so for travelers they’re called travelers hostels well it turns out that this guy actually bought this hostel back about 15 years ago and he just lives down in Panama sometimes he has people running it for him other times he just goes on vacation for a while maybe it’ll come back run in a little while but he’s making a pretty decent amount of money we didn’t talk about the finances of this hostel that he owned but it’s essentially kind of thinking like a hotel but just more people in more rooms but you can still make a decent amount of money off of it and if you’ve ever stayed in a hostel I would say that they’re actually really cool I really like them I’ve met so many cool people made a lot of friends at hostels throughout the world throughout my travels and it’s just something you could start your own hostel now you could buy one you could start one depends on zoning laws obviously but this is something that probably you’d want to look into once you have a little bit more money to at least get a down payment on a property this isn’t something you just start off with absolutely no money when you’re 14 years old it might be a little bit difficult but something for the future so let’s talk about the next one here which is not necessarily a business idea this this is the only one on here that’s really not a specific business but it’s still one that I think is something that you could certainly explore and do on the weekends do just from time to time if you want some extra money for vacation or you wanna get some Christmas presents for some people and you want some extra cash then I would consider charging electric scooters now if you don’t live in a city this might not apply to you as much but I know for example when I’m every time that I’m in Los Angeles and I’m walking around and getting some tacos at night right and I see these u-hauls pulling up and people throwing hundreds of these electric scooters like the line bikes this the bird bikes spin wind I think there’s like a dozen different brands of them but you can get paid a few dollars per scooter to charge these but when I started running the numbers on this and and there’s videos on this you can look at Reyes the entrepreneur he made a really good video about charging scooters but these people can be making hundreds of dollars per night by renting u-hauls and charging hundreds of scooters per night and making only a few dollars per scooter but when you do the math on that they can be pushing a thousand dollars per day by charging scooters now the one thing I want to caution you on this and the reason why it’s not really a business is because you’re really in the hands of these scooter companies you don’t know the future you don’t know if these scooters are gonna be around forever you don’t know how much they’re going to be paying in the future so because of that it’s not something you can plan off of long term but more so just kind of like this gig that you can do on the side to make some money all right so the next one is to build funnels for businesses now the best way to explain this is is especially when you look at education businesses right so say people who are selling online courses or some other type of digital product which I don’t sell online courses I never will on this channel but there’s some people who do and you know to be honest let’s be honest about 90% of courses that are sold online like these $2,000 showing you how to make a course course are just really not worth it but there are ones that are worth it and there are some people I have lots of friends who are selling online courses that are very much worth it that are actually packed with knowledge so what you can do in this case is not to sell an online course yourself but rather to build funnels for people who are selling digital products so I have a couple of friends who do this and they’re making a lot of money off of this so well when we talk about funnels what we’re talking here is essentially your gonna help businesses bring in emails right so they’re gonna find some type of a lead magnet right help them collect emails and then sell them a product which then you can sell another product which then you can lead them into another product and essentially creates this funnel where you’re funneling these people in just from an email where they enter their email address and suddenly they’re getting pitched all these things and some people get spammed with it a lot but honestly it really does help businesses and they’re willing to pay people a lot of money we’re talking thousands of dollars per month to help them with their funnels building these funnels for businesses so something that you should definitely look into and like I said Ivan I know a couple people who are making thousands of dollars tens of thousands of dollars per month by building funnels for businesses you can look it up you don’t have to be a rocket scientist to do this there definitely is a lot of skill but it’s a lot of stuff that you can just learn over time over the coming months learning how to do this and collect emails and send out these emails and build these autoresponders and just work with these businesses to make a lot of money and they’ll be happy to pay you a lot of money if you’re pulling in an extra twenty thousand dollars for them per month and you’re gonna take four thousand off from that if they’re not gonna mind they’re still making sixteen thousand dollars in a lot of cases so another idea here is more kind of small-scale on that you can scale this up quite a bit but I wanted to include something that people can start with with not very much money they can start from their home somewhere and that’s just a simple screen printing business now I don’t know why I’ve never really mentioned this on this channel before but to give you a prime example here let’s look at college campuses right so college campuses there’s so many clubs at college right and they need somebody to print these shirts for them or they’re bringing out like a new shirt every month or so for their club for certain events or maybe sororities or fraternities and they need these shirts made you can do screen printing where you’re essentially just printing on a t-shirt or on clothing and selling it to these college students in these clubs and organizations not only that but churches to other schools you can sell them to different community events there’s a lot of money to be made when it comes to screen printing and it’s something you can set up in your basement in your garage you will want to have some equipment it might cost you a couple thousand dollars to really get started with it but then you can just do some guerrilla marketing around college campuses to start to really gain some clients and start to get your name out there a little bit now obviously you can scale this up you look at some of the top it’s a screen printing print on demand type of companies these companies are pulling in millions of dollars per month through these screen prints through this screen printing so it is something that you could explore that you could further further increase your income now another one here that I wanted to share with you is maybe something I have mentioned before on this channel but it’s so lucrative it’s it there’s so much money in it and that we have to mention it in this video and that is by becoming an expert on running ads for companies now look if you look at the average age of a CEO you look at the average age of people who are leading a company they’re generally pretty old they’re not senior citizens but they’re generally pretty old and their 40s and their 50s or even older in a lot of cases a lot of these people don’t know that much about social media they don’t know how to run ads on Instagram they don’t know how to run ads on snapchat or on tik-tok or even on Facebook or YouTube or Google so if you can become an ads expert you can make a ridiculous amount of money I’m talking tens of thousands of dollars per month and this is something that you can learn for free you don’t to pay for a two thousand dollar Facebook Ads course you can do this for free looking up YouTube videos on how to run Facebook ads maybe pay $10 for some udemy courses and you can learn quite a bit by just doing some trial and error helping companies make money through Facebook Ads through Google Ads through YouTube ads because there’s certainly a disconnect between the universities and actual real life marketing okay trust me I spent a few years learning marketing in school at Penn State and not to bash on any professors or anything but if you have a professor who’s and this happened to me many times who’s 60 or 70 or even older and they’re trying to teach you about Facebook ads or they’re trying to teach you about social media marketing but they’ve never worked for a company they’ve just been a professor for for 40 years of their life it’s difficult for to really translate that message into the real world of social media marketing so if you want to get good at it start doing it yourself started learning it yourself online and then start to market those services to companies and a lot of people ask well how do I start to do that how can I actually approach a company and say I want to run ads for you I want to run ads on Google or on Bing or on Facebook for you and charge them money and a great way to do this is to just offer those services for free at first say look I’m willing to help you run some ads I’m not gonna get paid you the business simply pays for the cost of the ads but I work for free for you because I want to just better myself with this and I think I can really help you out and start to do some trial and error things with that start to make some money with it and then start to use those businesses of as reference points for future businesses in the future there’s a whole process behind we can talk about that later on in a different video all right so number two is to build chat BOTS for companies web sites now you don’t have to be a genius to do this it can still be pretty difficult I don’t want to downplay it but it’s something that you could look into and that is by helping companies with their websites to have these chat BOTS where essentially when you go onto a website today and you have a question but you’re not sure who’s going to answer the question but then you have the little bar that pops up on the side where it’s essentially this computer that you’re talking to you that helps you with your questions right a lot of companies have this but still today in 2019 a lot of companies don’t have this option you can pitch this to businesses tell them that you can build a chat bot where essentially people interested clients interested customers can talk to this bot that you’re able to set up for them and it’s very lucrative if there’s a lot of money in this trust me look into it for yourself building chat BOTS it’s something that look it’s not gonna be just clicking a button all day and making a lot of money I think the problem with a lot of these videos and blog post that I see about business ideas or making money they talk about how to make a hundred dollars an hour by clicking a button but the truth is look you got to do something that most people aren’t willing to do or that most people aren’t able to think about and that’s how you’re really gonna make more money you will always get paid for what you’re worth and if you’re just clicking a button for online surveys you’re not going to make a hundred dollars an hour there’s some type of scam behind it there’s something behind it that’s just not very much worth it and your end up really not winning right so building chat BOTS it’s something that does take skill a lot of these do takes gives a lot of these business ideas in this video we’re not something you can just walk in and start doing but anybody could do it then you would be getting paid a lot less just keep that in mind and I’m gonna leave you off with the final one here which is not necessarily one specific business idea but I just think it’s so important to really think this way if you’re trying to find some type of business to start for yourself coming up on 20/20 here and that is to think big it’s to find inefficiencies within society whether you can make something faster whether you can make something smarter whether you can make something more efficient in one way or another is going to make you money so if you can find something that saves time where maybe this daily task was taking people 15 minutes a day and now you have a new product or a new service then now it only takes people 30 seconds per day those are the type of items that turn into a billion-dollar company so just keep that in mind any time in your life where you get frustrated with something and I do this myself and this is what inventors do they find anything that they get frustrated with they say this it really takes too long this is inefficient this is annoying I don’t like this and then say well why don’t I like this why is this inefficient and then find a way to make it better find a way to make that product better make that service better and it’s just a way to really truly find a great business and going into this a little bit further you can you think about the sharing economy as well if you’re trying to start some big multi-billion dollar business look at the sharing economy you’re gonna get a lot of good ideas from this think about Touro the the car app but essentially you can rent out your car to people think about uber right that is a sharing economy type of idea think about Airbnb or renting out a room in your home you’re sharing one of your rooms think about we work right we work offices is this sort of sharing economy idea where people are able to share this workspace with other people these companies are making a ton of money off of this we work as a multi-billion dollar company I think they’re actually still losing money but there’s still a multi-billion dollar company the person who founded it is I’m not sure if they’re a billionaire I think they are a billionaire but they have millions of dollars the Airbnb founders the founders of uber the founders of all these different apps and services that create this sharing economy type of idea is something that you can look into so if you felt value in this video thanks for watching I appreciate all the support make sure you drop a like I really do appreciate every thing and I really just love making these videos for you guys so if you have any questions comments leave them down below make sure you follow me on Instagram for various photos I don’t know where I’m gonna be in the world but hope everybody has a wonderful day and I’ll see you next video hey everyone so in today’s video we’re gonna share nine business ideas that we have not discussed previously on this channel these are gonna be some different ones that you probably haven’t heard of very often sometimes you’ll see videos or blog posts with these business ideas that are just very common like drive for uber and and make money right those are some very basic ones these are gonna be a little bit different some of these i’ve done in the past and others I just think could be really interesting ideas that could be multi-million dollar businesses that you can make out of these or they could just be something to supplement your income make an extra ten or twenty thousand dollars per year it really just depends on what you make of it but we’re gonna get into that in this video these nine business ideas if you are new here to the channel make sure you subscribe to the channel for more videos like this one we really do our best to help people financially help them grow financially by saving money making more money investing and just overall building wealth over their lifetime so they can live a happier healthier life so let’s get started with this video make sure you subscribe drop a like on the video if you find any value in it would HIGHLY appreciate it and it helps boost the video in the algorithm so let’s start off with the first one here which is something that I did back a few years ago now time really flies but this one you don’t really hear of it very often but it’s something that I made enough money on to essentially pay for a good portion of my freshman year of college which was making money off of the election so look when going about this we’re going to talk about some more specifics of this in the next minute here but this was a situation where the 2016 election look let’s not get political here but I think a lot of people weren’t really big fans of either candidate at least I mean in the United States you can apply this to most places in the world but in the United States a lot of people weren’t big fans of either candidate I found myself in that position so I said you know what I’m not sure who’s gonna win this election but I want to make sure that I win in some way because I feel like I might lose either way cuz I’m not a big fan of either candidate let’s not get political really I hate politics but I said I want to find a way to make some money so I ended up monetizing the election by selling things that were closely related to these candidates without actually infringing upon any copyrights so there’s a lot of different political bumper stickers that I was selling that weren’t just political logos but more so things that you can use that are general sayings or terms that you can throw on bumper stickers that you can make money on and I was selling those on eBay and I was selling a good bit amount I think I was doing over a hundred hours a day in profit from bumper stickers which sounds weird but when you actually run the numbers if you’re selling them for 399 buy two get one free and you’re selling 20 30 40 per day it can really add up to over a hundred dollars a day for what was taking me about 30 minutes a day to just slap some labels on some envelopes and mail them out it was very simple less than an hour a day and I was making a lot of those just around the political area because there’s so much going on especially in America it’s so polarizing I really don’t like politics how people are so angry and like against each other but there’s there’s ways to make money off of it you can go make t-shirts you can go make different things but I want to caution you on something don’t infringe upon copyrights you can’t just take somebody’s campaign logo slap it on a t-shirt and start selling it everywhere you’re probably gonna get sued for that don’t do that just find a way to do something without actually using copyrighted materials so that’s my tip there for this one the 2020 elections coming up and if you’re not in America you probably have an election cycle as well where you can find a way to monetize it and it’s not just selling bumper stickers or t-shirts or something there’s a lot of other ideas behind this one and we’ll move on here but I want to leave you with one last thing that you know when you think about campaigns there’s a lot of money being injected into campaigns we’re talking thousands we’re talking millions of dollars for some campaigns and they need yard signs they need all kinds of apparel they need pens that have their their company on it or sorry their campaign for it so there’s so much money floating around in politics it’s absolutely ridiculous and you can certainly tap into that and make some money off of it’s just my idea and I think it works pretty well the next one here is by becoming a drone pilot so a commercial drone pilot the way to think of this is look if a business wants to do some shooting for maybe they want to do like a tour of their campus or they want to get some really nice commercial shots for a commercial well in that case you can’t just fly drones around for commercial purposes in the United States for the most part so what you need is a license to do that now if it’s a recreational drone usage that’s a different story you can look into this in the US and the laws on it but in a lot of cases businesses are wanting to have to find a licensed drone pilot to get some drone footage for that mean you can become that person I don’t want to downplay it it’s not something that’s very easy to do you do have to become licensed you do it to pass a test but you can charge a pretty premium amount of money to help people do this I know multiple real estate agents who will pay people to do flyovers of the property and get some pictures and videos of the house or the property that they’re selling and that’s something that you could do to make some money I know some people who have done this and have made quite a bit amount of money especially you know 20 30 $40,000 per year on the side do it on the weekends and make some money off of it’s just certainly idea that you can explore the next one here is something that’s might might be a little bit more difficult to actually achieve at first especially if you’re starting with the lower amount of money but it’s one that I just find so interesting and this is a little bit of a personal story here but when I was down in Panama I was staying in a hospital for a couple of days and I was talking to this this man who was probably coming up on 40 and I thought he was just staying there so a hostel essentially is is where you’ll have many people kind of sleeping in the same room bunk beds but it’s usually like 10 dollars a night so for travelers they’re called travelers hostels well it turns out that this guy actually bought this hostel back about 15 years ago and he just lives down in Panama sometimes he has people running it for him other times he just goes on vacation for a while maybe it’ll come back run in a little while but he’s making a pretty decent amount of money we didn’t talk about the finances of this hostel that he owned but it’s essentially kind of thinking like a hotel but just more people in more rooms but you can still make a decent amount of money off of it and if you’ve ever stayed in a hostel I would say that they’re actually really cool I really like them I’ve met so many cool people made a lot of friends at hostels throughout the world throughout my travels and it’s just something you could start your own hostel now you could buy one you could start one depends on zoning laws obviously but this is something that probably you’d want to look into once you have a little bit more money to at least get a down payment on a property this isn’t something you just start off with absolutely no money when you’re 14 years old it might be a little bit difficult but something for the future so let’s talk about the next one here which is not necessarily a business idea this this is the only one on here that’s really not a specific business but it’s still one that I think is something that you could certainly explore and do on the weekends do just from time to time if you want some extra money for vacation or you wanna get some Christmas presents for some people and you want some extra cash then I would consider charging electric scooters now if you don’t live in a city this might not apply to you as much but I know for example when I’m every time that I’m in Los Angeles and I’m walking around and getting some tacos at night right and I see these u-hauls pulling up and people throwing hundreds of these electric scooters like the line bikes this the bird bikes spin wind I think there’s like a dozen different brands of them but you can get paid a few dollars per scooter to charge these but when I started running the numbers on this and and there’s videos on this you can look at Reyes the entrepreneur he made a really good video about charging scooters but these people can be making hundreds of dollars per night by renting u-hauls and charging hundreds of scooters per night and making only a few dollars per scooter but when you do the math on that they can be pushing a thousand dollars per day by charging scooters now the one thing I want to caution you on this and the reason why it’s not really a business is because you’re really in the hands of these scooter companies you don’t know the future you don’t know if these scooters are gonna be around forever you don’t know how much they’re going to be paying in the future so because of that it’s not something you can plan off of long term but more so just kind of like this gig that you can do on the side to make some money all right so the next one is to build funnels for businesses now the best way to explain this is is especially when you look at education businesses right so say people who are selling online courses or some other type of digital product which I don’t sell online courses I never will on this channel but there’s some people who do and you know to be honest let’s be honest about 90% of courses that are sold online like these $2,000 showing you how to make a course course are just really not worth it but there are ones that are worth it and there are some people I have lots of friends who are selling online courses that are very much worth it that are actually packed with knowledge so what you can do in this case is not to sell an online course yourself but rather to build funnels for people who are selling digital products so I have a couple of friends who do this and they’re making a lot of money off of this so well when we talk about funnels what we’re talking here is essentially your gonna help businesses bring in emails right so they’re gonna find some type of a lead magnet right help them collect emails and then sell them a product which then you can sell another product which then you can lead them into another product and essentially creates this funnel where you’re funneling these people in just from an email where they enter their email address and suddenly they’re getting pitched all these things and some people get spammed with it a lot but honestly it really does help businesses and they’re willing to pay people a lot of money we’re talking thousands of dollars per month to help them with their funnels building these funnels for businesses so something that you should definitely look into and like I said Ivan I know a couple people who are making thousands of dollars tens of thousands of dollars per month by building funnels for businesses you can look it up you don’t have to be a rocket scientist to do this there definitely is a lot of skill but it’s a lot of stuff that you can just learn over time over the coming months learning how to do this and collect emails and send out these emails and build these autoresponders and just work with these businesses to make a lot of money and they’ll be happy to pay you a lot of money if you’re pulling in an extra twenty thousand dollars for them per month and you’re gonna take four thousand off from that if they’re not gonna mind they’re still making sixteen thousand dollars in a lot of cases so another idea here is more kind of small-scale on that you can scale this up quite a bit but I wanted to include something that people can start with with not very much money they can start from their home somewhere and that’s just a simple screen printing business now I don’t know why I’ve never really mentioned this on this channel before but to give you a prime example here let’s look at college campuses right so college campuses there’s so many clubs at college right and they need somebody to print these shirts for them or they’re bringing out like a new shirt every month or so for their club for certain events or maybe sororities or fraternities and they need these shirts made you can do screen printing where you’re essentially just printing on a t-shirt or on clothing and selling it to these college students in these clubs and organizations not only that but churches to other schools you can sell them to different community events there’s a lot of money to be made when it comes to screen printing and it’s something you can set up in your basement in your garage you will want to have some equipment it might cost you a couple thousand dollars to really get started with it but then you can just do some guerrilla marketing around college campuses to start to really gain some clients and start to get your name out there a little bit now obviously you can scale this up you look at some of the top it’s a screen printing print on demand type of companies these companies are pulling in millions of dollars per month through these screen prints through this screen printing so it is something that you could explore that you could further further increase your income now another one here that I wanted to share with you is maybe something I have mentioned before on this channel but it’s so lucrative it’s it there’s so much money in it and that we have to mention it in this video and that is by becoming an expert on running ads for companies now look if you look at the average age of a CEO you look at the average age of people who are leading a company they’re generally pretty old they’re not senior citizens but they’re generally pretty old and their 40s and their 50s or even older in a lot of cases a lot of these people don’t know that much about social media they don’t know how to run ads on Instagram they don’t know how to run ads on snapchat or on tik-tok or even on Facebook or YouTube or Google so if you can become an ads expert you can make a ridiculous amount of money I’m talking tens of thousands of dollars per month and this is something that you can learn for free you don’t to pay for a two thousand dollar Facebook Ads course you can do this for free looking up YouTube videos on how to run Facebook ads maybe pay $10 for some udemy courses and you can learn quite a bit by just doing some trial and error helping companies make money through Facebook Ads through Google Ads through YouTube ads because there’s certainly a disconnect between the universities and actual real life marketing okay trust me I spent a few years learning marketing in school at Penn State and not to bash on any professors or anything but if you have a professor who’s and this happened to me many times who’s 60 or 70 or even older and they’re trying to teach you about Facebook ads or they’re trying to teach you about social media marketing but they’ve never worked for a company they’ve just been a professor for for 40 years of their life it’s difficult for to really translate that message into the real world of social media marketing so if you want to get good at it start doing it yourself started learning it yourself online and then start to market those services to companies and a lot of people ask well how do I start to do that how can I actually approach a company and say I want to run ads for you I want to run ads on Google or on Bing or on Facebook for you and charge them money and a great way to do this is to just offer those services for free at first say look I’m willing to help you run some ads I’m not gonna get paid you the business simply pays for the cost of the ads but I work for free for you because I want to just better myself with this and I think I can really help you out and start to do some trial and error things with that start to make some money with it and then start to use those businesses of as reference points for future businesses in the future there’s a whole process behind we can talk about that later on in a different video all right so number two is to build chat BOTS for companies web sites now you don’t have to be a genius to do this it can still be pretty difficult I don’t want to downplay it but it’s something that you could look into and that is by helping companies with their websites to have these chat BOTS where essentially when you go onto a website today and you have a question but you’re not sure who’s going to answer the question but then you have the little bar that pops up on the side where it’s essentially this computer that you’re talking to you that helps you with your questions right a lot of companies have this but still today in 2019 a lot of companies don’t have this option you can pitch this to businesses tell them that you can build a chat bot where essentially people interested clients interested customers can talk to this bot that you’re able to set up for them and it’s very lucrative if there’s a lot of money in this trust me look into it for yourself building chat BOTS it’s something that look it’s not gonna be just clicking a button all day and making a lot of money I think the problem with a lot of these videos and blog post that I see about business ideas or making money they talk about how to make a hundred dollars an hour by clicking a button but the truth is look you got to do something that most people aren’t willing to do or that most people aren’t able to think about and that’s how you’re really gonna make more money you will always get paid for what you’re worth and if you’re just clicking a button for online surveys you’re not going to make a hundred dollars an hour there’s some type of scam behind it there’s something behind it that’s just not very much worth it and your end up really not winning right so building chat BOTS it’s something that does take skill a lot of these do takes gives a lot of these business ideas in this video we’re not something you can just walk in and start doing but anybody could do it then you would be getting paid a lot less just keep that in mind and I’m gonna leave you off with the final one here which is not necessarily one specific business idea but I just think it’s so important to really think this way if you’re trying to find some type of business to start for yourself coming up on 20/20 here and that is to think big it’s to find inefficiencies within society whether you can make something faster whether you can make something smarter whether you can make something more efficient in one way or another is going to make you money so if you can find something that saves time where maybe this daily task was taking people 15 minutes a day and now you have a new product or a new service then now it only takes people 30 seconds per day those are the type of items that turn into a billion-dollar company so just keep that in mind any time in your life where you get frustrated with something and I do this myself and this is what inventors do they find anything that they get frustrated with they say this it really takes too long this is inefficient this is annoying I don’t like this and then say well why don’t I like this why is this inefficient and then find a way to make it better find a way to make that product better make that service better and it’s just a way to really truly find a great business and going into this a little bit further you can you think about the sharing economy as well if you’re trying to start some big multi-billion dollar business look at the sharing economy you’re gonna get a lot of good ideas from this think about Touro the the car app but essentially you can rent out your car to people think about uber right that is a sharing economy type of idea think about Airbnb or renting out a room in your home you’re sharing one of your rooms think about we work right we work offices is this sort of sharing economy idea where people are able to share this workspace with other people these companies are making a ton of money off of this we work as a multi-billion dollar company I think they’re actually still losing money but there’s still a multi-billion dollar company the person who founded it is I’m not sure if they’re a billionaire I think they are a billionaire but they have millions of dollars the Airbnb founders the founders of uber the founders of all these different apps and services that create this sharing economy type of idea is something that you can look into so if you felt value in this video thanks for watching I appreciate all the support make sure you drop a like I really do appreciate every thing and I really just love making these videos for you guys so if you have any questions comments leave them down below make sure you follow me on Instagram for various photos I don’t know where I’m gonna be in the world but hope everybody has a wonderful day and I’ll see you next video

Transcript: (Herjavec) One of my favorite sayings is that the business of America is business. It is still the greatest country in the world to come to these shores and start a small business. There’s a very unique culture that we have in terms of taking risks. We encourage entrepreneurship more than any other country in the world. When you drive through the small towns or the big towns, you see thousands of little businesses. That is the lifeblood of this country. (McCarthy) The first businesses in the United States were farms, were small shops, and so small businesses are as old as the republic itself. I think that the small business itself is a representation that someone can make it in America, can own something, can be economically independent, can make some money, et cetera, and that’s all part of the DNA of the country. (Emerson) I do not think that people really understand how big of an impact small businesses make on our nation’s economy. (Ned) They have always been, throughout our nation’s history the primary source of job creation in this country. (Contreras-Sweet) Small businesses spawn a strong middle class and so I think that entrepreneurship is fundamental to a democratic society. (Bobbitt) Not only do they employ the folks in our community the other thing we know about small business owners and entrepreneurs is that they give back disproportionately. Small business is integral to the success, health, and well-being of every community in America. (McCarthy) The 19th century saw a huge transformation in the economy. The rise of industrial capitalism that emerged around railroads and oil and so forth had a huge impact, which is a story of a nation of independent producers becoming a nation of modern corporations. The economy moved out of the home and off of the farm into the city, into the shops, and into the marketplace which then becomes, ultimately, the factories of the late 19th century and early 20th century. Corresponding to that was a whole legal shift where the corporation literally becomes a person, legally a person. So they’re seeking legal recognition to make more economic profit in an increasingly national marketplace Profits were exploding really for the first time in American history and that legal shift, that is the partnership between big business and government, resulted in corporations benefitting from a disproportionate share of the profits and wealth that are generated from the economy. So you see playing out in the 20th century and now in the 21st century, this conflict between an older model of small business ownership and a more modern model of industrial corporations. And over time there are fewer and fewer companies that are coming to dominate more and more of the economy. (Herjavec) I don’t think people realize how bad 2008 was. We had one foot over the edge, looking into the abyss. It was bad for big business, it was bad for little business, it was just bad overall. (McCarthy) But if we know one thing from the economic meltdown small businesses did not screw the global economy, corporations did and the people who insisted on the deregulation, the partnership between business and government, that’s what caused the global economic meltdown. (Herjavec) In 2008, most large companies cut 5,000 employees, 20,000 employees, 30,000 employees. Where did all those people go? Hi, it’s Kim calling. (Caller) Hi Kim! (Kim) Hi (Caller) Your mom just showed up (Kim) Uh oh, Pat’s in the house, look out Don’t give her any free stuff. I am supposed to be meeting a gentleman named Tunde so if he asks for me, can you tell him I’m gonna be a little late because traffic is pretty bad? (Caller) For sure (Kim) Thank you Bye (Kim VO) I own and operate eight restaurants and I’ve worked in south Minneapolis now since I moved here in 1983, I’m embarrassed to say. In my college years I supported myself as a cook in kitchens and people don’t get treated very well in restaurants. The pay isn’t very good, you don’t have health insurance, the hours are long, there’s not a lot of flexibility. At one point I lost my job because I had to go to the funeral of a very close friend that I played rugby with. That is like the lowest of the low sort of thing. I was about as anti-authoritarian as a person could get so when I opened my restaurant I was suddenly confronted with having to be the boss and having vowed I would never work in restaurants again because of the way people were treated. (Herjavec) You can never take the founder out of the DNA of a small business. You walk into a company that has great customer service, and you meet the owner, and it’s somebody who cares. You walk into a business that has horrible customer service, you meet the owner you know why. (Kim VO) I decided to create a culture where employees were treated well. We pay health insurance, servers in my restaurants make a living wage People are allowed to have flexible schedules and lives. And the people who work in the kitchens are allowed to eat free meals because I knew they were gonna do that anyway. (Contreras-Sweet) As small businesses, if you’re not a good joiner then you can be a starter. And that’s the power of entrepreneurship. Whether you’re a woman, or an immigrant, you can say “You know what? If I’m not accepted, I’ll start my own business” and they do. (McCarthy) I think it’s interesting that nearly one third of small businesses in the United States are owned by women. Corporate CEOs is much smaller percent. It might 15 percent, not even. (Kim) Because of the culture, I don’t have a high turnover in my restaurants. People work together for a long time and that is a community unto itself. (Customer 1) One of my neighbors works here and it seems like it’s a good personal environment. I think building an economy that’s based on our values is important. (Customer 2) I grew up in this neighborhood, I’m not about supporting big chain places so places like this, I love. And I love the garden outside too, I think that’s awesome. (Brinkman) People came out of the recession very conscious of where they’re at financially, but then I think that actually helped people and consumers become more conscientious about where they were spending their dollars. I think they realize that when you shop at a small business you’re supporting your neighbors, their kids might go to school with your kids. People care about that and they care about supporting people rather big brands or big businesses. (Kim) We want to continue to explore ways that we engage in this business for the future. We focus on zero waste, sustainable agriculture. Essentially the triple bottom line; we’re very people, planet, profit driven. I’d add ‘place’ to that of course. (McCarthy) There is, at its best I think, in a small business model a kind of reciprocity. We will employ people from the community to work here we will do the work that is necessary to produce goods and services that ultimately benefit the community, the community, because they’re loyal and because they need those goods and services, will give us the money that will allow us to sustain ourselves, to thrive, for me to be able to pay my workers well, to provide benefits for them to give them a Christmas bonus, and in turn we’re going to be able to support one another. (Bobbitt) I think if you look around the community you live in and you talk about the things you really like about that community I bet small businesses are a big part of that. Maybe it’s the place where you go get coffee, maybe it’s the place you and your spouse had your first date, the restaurant you went to. I think those kinds of memories, those kinds of interpersonal connections that make a community, always include small businesses. (Lynne) We just had these upholstered in orange, what do you think about the color of the fabric? (Customer) I like them a lot. Goes with the logo. (Lynne) Yeah, dig it (Lynne VO) I grew up in Chicago This neighborhood has always been thought of as very negative. Ooh don’t go past West of Western. It used to be not so many businesses and at one point there was a lot of gangs and drugs. But I never thought it was seedy, I thought it was just colorful. My husband and I have a vintage furniture business. We opened here 11/11/11 (Ty) Lynne is a very outgoing person She immediately connects to people. (Lynne) My customers, they become my friends. And it’s so nice when somebody walks by and just waves and I’m waving and I’m talking. You know the psychological impact of someone walking by and waving? Not having to say anything, just “Hey, good morning!” (Herjavec) There’s a personal nature of a small business and there’s a certainty to it. I like my little coffee shop, I like seeing the same person there, I like knowing that it’s the owner, and I think that’s what people are attracted to. In this age of impersonal, people like to know who they’re dealing with. (Customer) I’ve become friends with them and I’ve recommended people here. You need to build a relationship with the people that you’re doing business with, I really believe that. (Contreras-Sweet) Surveys prove that out. Two out of every three consumers polled have more confidence in small businesses than they do in the large corporations. (Lynne) I think small businesses help their community grow. So we decided to turn West of Western into a positive West of Western stands for WOW! Kinda noticed that this neighborhood had a good lot of stores and was hustling and bustling but there was really no connection. I’m like, we need to be together and we need to talk about what’s going on in our business lives. Because we need things over here in WOW. We need banners, we need benches, we need more police protection because we want to keep our community safe and we feel more people will come over and shop if we have just a few of these things in place. So I started introducing everybody. Hi! How are you? You look so pretty today! (Bobbitt) In our society we get told a lot “Fix yourself.” “Here are the seven habits of successful people.” But it turns out entrepreneurs are great at partnering, great at finding somebody else who complements their areas of weakness. And by working together, they’ll build something even better. (Business owner) Six thirty? I’ll be there with bells on (Lynne) Bring your fresh ideas. (Customer) It’s business owners like these who change people’s minds because I’ll go out and tell 5 or 6 people about this, they’ll come in here, they’ll go across the street and get a cup of coffee, and all of a sudden it’s a neighborhood. You know, voila! (Lynne) We wanna make sure everybody over here has a good, strong, tight lease with lease options to renew. Because this community is changing. If the big box come in and they take over and the rents go up, everybody gets forced or pushed back, so we wanna be dug in. I’m very proud of us all getting together and working against the negative odds. If we stick together, we’re all gonna go to the top together This is the biggest thing I’ve ever done before in my life. (Emerson) I believe that the United States is becoming an entrepreneurial community. You look at the success of all the entrepreneur TV shows, entrepreneurship is hot, it is in this season, everybody has an A hustle and a B hustle and what they really want to do is turn them into enough profit so that they can actually leave their full time job and pursue this real passion project over here that’s making them some money. (Bobbitt) I think the small business sector is the most important sector. Particularly as we see a process where very large corporations are likely to merge and become multinational corporations It tends to create corporations that don’t even seem to have an allegiance to one country They’re located all over the globe. Small businesses are nothing like that. Small businesses serve the community they’re located in. Even when the internet allows small businesses to serve all over the country or all over the world they still carry some of those same values about solving problems, creativity, connecting with the community and giving back. (Mitch) My great grandfather bought this land in 1914 but we grew up in town, we didn’t grow up farming We moved up here to get out of the city. Our family was growing at that time, and it just kinda felt like a good move to raise the kids in the country. This is what we love doing but it’s really, really hard Just tracking everything as far as the cost because we’re not fully integrated like a corporate farm. We’re not able to grow our feed for the chickens or our feed for the hogs We buy that, we don’t own our processor, so that just adds up We’re struggling to make it work To stay small and natural and still generate enough income even though prices are typically higher than what you’ll find at a regular grocery store. Over the last forty years, people left the farms. There’s not any small farms. There’s literally just a handful of us. You would think, rural state, they’d abound but there’s just no life in these communities. There’s big corporate farms and that’s it. (Herjavec) When the economy is really bad customers are under a lot of pressure to save money. And people misunderstand that concept, they think saving money is always getting the lowest price Saving money is oftentimes about getting more value for the same amount of money. Or even paying a little more in order to get more value. (Gwen) I think the way that people our age look at food is closer to how our grandparents saw it than how our parents did. This matters. You eat crap, you feel like crap. My husband and I have a food truck. I source 75% locally. If I can’t get what I need locally, I don’t get it. (Mitch) Gwen is a great customer and a great friend She’s not only trying to build her customer base, she’s quick to let her customers know where the food comes from too. (Gwen) I work with small farmers a lot when it comes to sourcing We have a meeting once a month and we talk about what they’re gonna have growing, what they like to have, what do I need them to have, that’s how I build my menu. It’s a way for us to support and coexist and help each other. (Bobbitt) Entrepreneurs find slack resources Entrepreneurs don’t go out and say “I need a million dollars, I’m gonna build this.” Entrepreneurs look at what they have on hand and they say “What can I build out of this?” (Mitch) The demand is out there, it’s huge as far as people wanting to know where their food comes from. We’ve kinda watched it evolved as our business has grown and as the farm has grown so has the people showing up at the farmer’s markets and in the food scene in Little Rock in particular it’s just blossomed over the last 4 or 5 years You gotta lean on other farmers, I mean, everything from sharing feed loads to buying baby chicks together there is a coming together, a bonding. A lot of that is “Hey, we’re all in it together and if we don’t help each other we’re probably not gonna make it.” (Gwen) Small businesses are more connected to their community because we depend on our community a lot more. I depend on my farmers, I depend on my customers it matters to them that I know their name. (Mitch) Y’know, we’re not looking to get rich We just wanna stay here and be secure and raise our family and we wanna stay here and farm. (Bobbitt) When I look at the way our society emphasizes personal wealth it gives me a lot of pause. The big challenge in higher education is that the smart kids are pulled out to go work in finance. Go work in a hedge fund young man, go be an investment banker. I think that’s a terrible trend for our society. I think those are not industries that actually create the kinds of jobs and the kinds of life and society that I want to live in. (Contreras-Sweet) When you see that you have a diminishing middle class and you have a few haves and many many have-nots you see despotism, you see social upheaval. I think that we all have to challenge ourselves at this state and at the federal level to make sure that the laws are level. There are often times where we put economic advantages on the large C corps and we don’t think about the sole proprietor. And so I think our government has to continue to think about the tax structure and to finance innovation at a much more aggressive way because it’s our legacy to spawn innovation in an unburdensome way. (Ned) I was born in Detroit I grew up here, went to Detroit public schools. When I was ten years old, I remember saying “Someday, I’m gonna go away, and then I’m gonna come back here and save Detroit.” I would never use that kind of language now but how messed-up does your situation have to be that when you’re ten years old, and you’re in the only environment in which you’ve ever known, you know it needs fixing. We were incredibly concentrated in one industry, that through globalization has largely reduced its impact on employment and on the economy. (Herjavec) When the economy is really bad, public companies are usually forced to make short term decisions. And there’s only two ways to increase profit: increase sales or lower costs. Most large corporations have to cut jobs. (Ned) Historically our revitalization efforts have been sorta surrounded by big events. There were big urban renewal projects in the 50s and the 60s There was the building of the Renaissance Center, that was gonna save Detroit. The building of the People Mover that was gonna save Detroit. And the reality is, that’s not how it works. You need a groundswell of lots and lots of little things happening and that’s why for the first time in my 40 plus years in the city I’m really optimistic that this time is different. Tech Town is a non-profit incubator created to help grow businesses and jobs here in the city of Detroit. In the last five or six years we’ve helped more than 1,000 companies to create more than 1,200 jobs. And it’s in every kind of field. Commercializing technology out of the university, we’re working on two projects like that right now, or diners and wine stores out in the community. We help them with everything, from getting financing to negotiating your license or learning about how you manage inventory all the nuts and bolts. We want to be a hub and a convener, there are a lot of other organizations in the building, and we want to be a place where the ecosystem can come together. There’s nothing better than seeing someone who has worked on their dream for a long time, and at one point probably thought that dream wasn’t going to happen, There’s nothing better than watching them get the coaching they need get the resources they need and bring that dream to fruition. (Entrepreneur 1) We build an app that delivers a live feed of opportunities like workshops, jobs, internships directly to high schoolers. (Entrepreneur 2) We have a social goal of increasing the representation of women and minorities in different fields. We’re trying to equalize access to information. (Correras-Sweet) Young people today say “I’ve seen my parents, and they worked for a corporation for 30 years and at the end they ended up with a pretty nice retirement but I want to be able to have a social impact and so they’re coming up with ideas that really do benefit society. (Entrepreneur 3) In Detroit, it’s not so much making an app about how fast can I order my pizza we’re thinking about how can we advance manufacturing to a point where it’s more readily available to the rest of the world. We’re trying to make a more efficient and better place to live. (Correras-Sweet) In the last 20 years, what are the most iconic brands that represent the United States? People think Google, people think Facebook, Fedex, Apple These were companies that were started in garages. That have now changed the way we communicate It’s the small that is changing the world (Ned) We often talk, throughout history, have people known that they were living in a really momentous time. Cause that’s the feeling we all have here, we all know this is a really momentous time for Detroit. The revitalization of the American city is the big challenge of our age. (Brinkman) Small businesses are starting to help bring cities back to life If you look at St. Louis, you look at New Orleans, you look at Detroit they’re helping bring people back into the city. Small businesses are the ones creating this new infrastructure for these cities to be successful again. (Ned) There’s so many people, so many projects, so many developments that are happening dozens of places like this, arts incubators, creative folks hundreds of little companies springing up around the city. This time there is no one big thing. The next big thing is a thousand little things. (Herjavec) Every time you see a successful business or any business someone made a courageous decision. The average time that an SMP 500 company has been on the SMP 500 is now 12 years. Used to be 25 years. 40 years ago, it was probably 50 years. Meaning the entire list changes every 12 years. It’s very scary for big companies but it’s a chance for employees. The idea like my dad getting a job in a factory working there for 25 years doesn’t exist anymore. So we are forced to find a way. (Bobbitt) The Great Recession is probably the worst economic event that you or I have ever lived through. The net creator of jobs in our society since the Great Recession has been the small business sector (Correras-Sweet) This new creative class is convening in coffee shops, and in garages, and in these incubators across the country. Entrepreneurship has become a movement. (Lynne) It’s a revolution. Small business is a revolution. But we have to be in each other’s lives in order to make this thing work. That’s why it’s so important for the community to support small businesses. (McCarthy) There’s always been a relationship between the politics of our consumption. Consumerism is seen as an act of citizenship. (Correras-Sweet) When we can expand the middle class and make sure that people are providing for their families they’re able to go to school, they’re able to build innovative products for the future then you have a strong democracy. (Emerson) Being in business has become a great equalizer If you build a better mouse trap, the world will be a path in your door no matter who you are. If you’re a woman, if you’re a minority If you deliver great service at a fair price people will do business with you. (McCarthy) You’re thinking about a story of the rise of multinational corporations It is a story of the rise of economic inequality and of wealth consolidation. Maybe small businesses have a role to play not just in fostering and foraging communities but in the closing of the gap between the rich and poor. (Correras-Sweet) This is not just about some kid coming up with a lemonade stand. It’s about the world order and assuring that America’s world standing prevails so that we can make sure that we’re setting standards for women for people of diverse backgrounds for our seniors. Livable wages that we can all respect and abide by. (Bobbitt) Doesn’t solve every problem, I’m not pretending that but I’m a fan of small business because I think small business makes better people and better society. Small business is not small. It’s huge.