Optimal Work Daily - Career, Productivity and Entrepreneurship

1747: [Part 2] How To Start A Business With No Money - Here’s Exactly What I’d Do by Steve Chou of MyWifeQuitHerJob

Jul 13, 2025
Discover how to launch a business with zero capital and no experience. Steve Chou shares a practical step-by-step framework, emphasizing the importance of freelancing to build skills. Learn to validate your ideas by asking potential customers to pay upfront. The podcast also explores audience-building strategies and creating engaging content to monetize your skills effectively. Dive into the world of entrepreneurship with actionable insights and no financial risk!
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ADVICE

Build Audience Before Anything Else

  • Start building an audience today, even if you don't know your future business idea.
  • Use free platforms like blogging, YouTube, podcasts, or social media to gather followers.
ADVICE

Keep Your Audience Engaged

  • Retain your audience by collecting email addresses using lead magnets like free mini-courses.
  • This helps convert one-time readers into loyal, long-term followers.
ANECDOTE

Webinar Without a Product Makes $4K

  • Ari Chung made $4,000 by hosting a paid live webinar before creating an actual product.
  • He successfully monetized his skills despite not having a product or website.
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