1:03:555 Business Ideas To Start Today With $0 ft. Shark Tank's Sabri Suby
From My First Million · Published Jul 4, 2024 · Watch on YouTube
TL;DR
The video brainstorms five zero-capital business ideas: a "Godfather offer" selling a missing sales channel to established businesses (e.g., Facebook ads for Google-only businesses); a SaaS affiliate model where you give away a free niche funnel in exchange for signing up via your affiliate link; a live-chat commission service for small businesses; and a TikTok Shop affiliate/content creation stra
Key insights
- Focus is critical; shiny-object syndrome caused the speaker to lose money early in his career.
- A "Godfather offer" – a no-brainer, risk-free proposal (e.g., "I'll do everything, you pay nothing upfront, just a percentage of sales") is more powerful than any persuasive argument.
- Mistake: pitching services to audiences who can't pay (e.g., podcasters); instead, target businesses with clear money-making ability (e.g., ecommerce stores still in business after three years).
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