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- New business ideas: $1K/day AI agents, $100/hr side hustle, $200K/year solo š¤
New business ideas: $1K/day AI agents, $100/hr side hustle, $200K/year solo š¤
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eBiz Insider
Business Ideas Newsletter
Hey, it's Niall š
Ever heard of Jessica Mah?
She's only 34 and has already built three companies worth $100M+ š°
Recently she was asked about a phrase that's often repeated in Silicon Valleyā¦
š¬ āIdeas are worthless. Execution is everything.ā
Her take?
I think it's BSā¦
Some of the worst advice I've ever heardā¦
Ideas are really freaking important.
If you have the wrong idea,
you could be a great team and you're still screwed.
Yup.
You could be the best operator in the world ā but if your idea sucks, youāre screwed.
Thatās why this newsletter exists.
To help you spot the good ideas ā the ones that are proven to work, or have at least passed through my well-honed BS detector š§
Letās dive into the latest batchā¦
Starting with 100+ proven side hustle ideas, sorted by startup cost and skill level š
Niall Doherty
eBiz Insider
TOGETHER WITH THE HUSTLE
100 Genius Side Hustle Ideas
Ready to escape the 9-5? The Hustle's side hustle database gives you 100 proven income opportunities, categorized by startup investment and skill level. Each idea includes real profit potential and time commitment details. Sign up now to unlock your next step to financial freedom and join our community of 1.5M entrepreneurs.
AI AGENTS
5 AI Agents That Can Earn You $1000 Per Day
The guys from Authority Hacker run through the five agents and conclude š
The email management for newsletters would be what I would choose because it's high value you can sell it for $5-10K plus [per month]
They show an example of an AI agent they've created for their own newsletter.
With that in place, all they have to do is write some rough notes / bullet points for each edition š
An AI agent takes those notes, researches and fleshes everything out, then writes up a draft of the newsletter using previous editions as a guide to nail the voice / writing style.
Still some light human editing needed before sending, but overall the AI saves a ton of time and money (compared to hiring someone or doing it all yourself) šŖ
The resultā¦
30% open rate on the list to tens of thousands of peopleā¦ the clickthrough rate is also very highā¦ people actually like it. This newsletter has driven a lot of revenue over the years.
The idea is to set up and maintain agents like this for clients.
Definitely a learning curve to learn how to build AI agents, but tons of opportunity there if you're willing to do the work š„
RESELLING
Easiest Way to Make Quick $$ With no Money or Skills
Mike R spent a few weeks picking up free items "from people moving or estate sales" then reselling.
Mainly small furniture pieces and electronics.
His resultsā¦
I spent at max 45 min a week picking up stuff and listing it. Most of the time is spent just going back and forth in chats and coordinating with peopleā¦
During the month, I was able to pickup 20 items and listed 6 items from my own things for 26 items sold in total at $25 eaā¦
I was probably averaging about $100/hr š
During the month he met a father and son who do something similar via Facebook Marketplace and average about $6000 monthly profit.
Mike's conclusionā¦
this is BY FAR the easiest way to make a quick $$ in a day or two with no money or skills needed.
You will need a car, phone and cell service / internet connection, but thatās it!
AUTOMATION
How To Turn Client Work into a Scalable Business
Michael Houck's advice for founders š
Become a VA for early customersā¦
after you do some customer discovery with them, offer to take on an area of work theyāre either having trouble delegating or havenāt yet hired someone for and deliver the results as a service providerā¦
Over time, automate the process for yourself. Remove the human in the loop.
And then sell the solution back to them as a product at a lower rate than you would have charged for the service.
Regular VAs and freelancers can do this, too.
Start by offering clients a basic service, then automate and productize that service š¤
Find new services to automate by talking with your existing clients, figure out what else they need help with.
MEME BREAK
That One Missing Piece
COMMUNITY
Her 1-Person Business Earns $200,000+ Per Year
š¬ From an interview with the founder of Pretty Little Marketerā¦
Sophie Miller is a leading marketing community expert and content creator who has built a global following of over 600,000 across platformsā¦ she specializes in making social media simple while placing community at the heart of her marketing strategies.
š She started the business as a student in mid-2020ā¦
I felt overwhelmed by the marketing industry and noticed a significant gap; there wasn't a space that made marketing accessible while providing the comfort of community, so I decided to create it myself.
Her first paid product was a Ā£2.50 LinkedIn webinar š¤
Nowā¦
Sophieās income is split between brand partnerships, speaking fees and her PLM membership income. For the past three years, sheās been a multi-six-figure earner, and sheās set to double last yearās numbers this year.
Love how her idea for the biz came from noticing "a significant gap" in the industry she was interested in.
What do you wish existed in your target niche/industry? How about filling that gap yourself? š¤
SAAS
This Marketplace Launched His $25K/Month Business
š Ilia Pirozhenko writesā¦
I founded Perfect Wiki ā a SaaS product for creating internal company knowledge bases that works directly within Microsoft Teamsā¦
I gradually grew to a steady income of $250,000 a year over five yearsā¦ Right now, I earn around $25,000 per month [90% profit margin].
He got laid off in 2020 and tried building a translator app for the Zoom Marketplace, then the Microsoft Teams Marketplace š ļø
That app didn't pan out but Ilia sensed there was plenty of opportunity in the latter marketplaceā¦
I decided to dive deeper into analyzing what other problems Microsoft Teams users were facing and what kind of service I could offer them. I was confident Iād find a niche because the traffic and activity on the marketplace were high ā a ready-made customer base was just in front of me. I just needed to find a product idea that would solve a real problem.
Check out the Microsoft Teams Marketplace, look for apps with lots of low ratings, see if you can build something better š
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