Life Kit Coming up with a business idea that takes off
80 snips
Oct 14, 2025 
Join Rachel Rodgers, author of Future Millionaire and founder of Hello7, as she dives into the essentials of launching a successful business. She emphasizes the importance of assessing your unique skills rather than chasing fleeting trends. Start small with service-based offers that require little capital and evolve into scalable solutions that transform clients' lives. Rachel also encourages testing market demand and balancing a side hustle with a job, proving that anyone can become a thriving entrepreneur with the right mindset.
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Starting A Business During A Recession
- Rachel Rodgers graduated law school during the 2008 recession and created her own practice because jobs were scarce.
- She asked a professor to mentor her and ran the practice for seven years, later growing to five employees.
Start With What You Already Are Good At
- Do an honest skills and experience inventory to find what you can offer the market now.
- Use personality tests, past compliments, and volunteer or childhood interests to identify your strengths.
Use Services To Launch With Little Cash
- Start with service-based businesses if you have little to no capital and sell your existing skills directly.
- Use early service revenue to fund product creation later instead of investing heavily up front.
