Millionaire University 189. 8 Businesses That Will Make You $10k+ Per Month and Cost Little to No Money to Start! With Justin and Tara Williams (REPLAY)
Nov 1, 2024
Explore eight low-barrier business ideas that can yield over $10,000 a month, from trash can cleaning to e-commerce. Discover the power of social media management and its potential for substantial income. Justin and Tara stress the importance of adaptability, teamwork, and scaling. They provide insights into digital marketing and Software as a Service (SaaS) models, showing how technology can enhance profitability. With a focus on emotional resilience, they inspire listeners to use their skills and knowledge to forge successful ventures.
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Trash Cleaning Business Example
- Trash can cleaning is an easy, low-entry business with repeat customers in neighborhoods or HOAs.
- You can start cleaning yourself or hire people to scale and optimize customer acquisition.
Acquire Customers Strategically
- Acquire customers actively; expect to convert about 1 in 10 doors when knocking.
- Communicate clearly, automate payments, and set up monthly recurring billing for steady cash flow.
Mobile Car Detailer's Struggle
- Mobile car detailing was popular but limited by poor marketing and communication.
- Demand was high, showing potential to grow with better organization and pricing strategies.
