The Smart Passive Income Online Business and Blogging Podcast SPI 853: Ranking the BEST and WORST Business Ideas for Beginners (2025)
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Jan 15, 2025 Discover the best and worst business ideas for beginners as various monetization strategies are ranked. Explore the challenges of writing books and selling physical products while emphasizing audience building. Delve into the complexities of running software businesses and hosting live events, including the financial risks involved. Learn engagement tactics for virtual events and monetized newsletters. Uncover the realities of client management in service-based ventures, and gain insights into effective monetization through sponsorships and affiliate marketing.
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Live Event Complexities
- Pat Flynn shares his experience with live events, highlighting financial risks and logistical complexities.
- Consider smaller, local meetups as a starting point for community building.
Virtual Event Potential
- Consider virtual events as a monetization option once you have a loyal audience.
- Use platforms like HeySummit to manage ticketing, affiliates, and guest speakers.
Monetizing Newsletters
- Explore selling paid newsletters offering exclusive, valuable content.
- Deliver consistent value to maintain subscriber satisfaction and avoid burnout.
