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- New business ideas: $50/hr remote, $650K golf biz, $300/hr local service š¤
New business ideas: $50/hr remote, $650K golf biz, $300/hr local service š¤
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Business Ideas Newsletter
Hey, it's Niall š
Check out this YouTube channelā¦
David only has 4.3K subscribers and posts an average of 2 videos per month.
But he earns $30,000 a year via affiliate marketing, mostly thanks to that small YouTube channel š¤
And David admits to keeping his videos very simpleā¦
Long-form (like 20+ min) videos that are low quality (just me and a bad mic and some screensharing software) have VASTLY out-performed highly edited videos that are shorter (5-12 min range).
His formula for successā¦
Pick a niche audience
Find high-ticket products you can recommend to that audience
Sign up for their affiliate programs
Make simple YouTube videos showing how to use the products
Share your affiliate link in the video description
Sit back and collect those sweet commissions š°
I'd say David is doing the bare minimum with his channel and still pulling in $2000+ per month.
I've seen creators with bigger channels pulling in $100,000+ in affiliate commissions from a single video š¤Æ
But here's where it gets really interestingā¦
Thereās a new AI tool that makes it super fast and easy to create tutorial videos.
Bonus: you can try it out 100% free via the link below š
Aside from that, Iāve got the usual batch of fresh business ideas for you.
Letās dive in š
Niall Doherty
eBiz Insider
TOGETHER WITH GUIDDE
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DIGITAL PRODUCTS
This AI Prompt Unlocks 20 Simple Business Ideas
Brian O'Neill on YouTubeā¦
The prompt š
I work as a [insert job]. Tell me 20 problems I deal with daily that other people would pay to avoid.
Use a current or previous job.
Brian uses the example of "3rd grade teacher" and gets a list of 20 problems back š„
His next promptā¦
Which of these would help me make my first $100 online ā and why?
ChatGPT usually recommends that you create some kind of digital info product, like a PDF or ebook, and sell that for a low price š¤
Brian chimes inā¦
the next step is to try put something together without overthinking itā¦ you could literally do this in a Google document
FASHION
Earning $50 Per Hour as a Remote Personal Stylist
Someone sharing her experience hiring a personal stylist š
The cost of the services was $2500, which included a complete closet review, personal stylebook, personal shopping, styling outfits of my existing clothes, and directions for future shoppingā¦
she easily worked at least 50 hours between the zoom calls, designing, and shopping over the course of 10 weeksā¦.
She earned every cent!
Sounds like it was all done remotely; no in-person shopping trips or anything.
Stylist found via Glamhive š
Consider listing yourself as a stylist on there if you're big into fashion.
Like any marketplace, it will take a while to build up a reputation and a good income, but clearly there's demand for this kind of service š
Another idea here: Glamhive for X.
What other professions could use a marketplace like Glamhive? š¤
GOLF CHALLENGE
This $650K/Year Business Should Be Everywhere (But It's Not)
ā³ļø A tourist attraction on Google Maps in New Zealandā¦
Lake Taupo Hole in One Challengeā¦ Scenic spot where visitors aim at a floating golf target with a chance to win a hole-in-one prize.
Chris Koerner posts on YouTube š
What a brilliant business idea: they will pay you $10,000 if you get a hole in one on their 110-yard floating greenā¦
An amateur golfer has a one in 12,000 chance of making a hole in one on a par three like this one, and this company has said that they pay out $10,000 every two weeks, which means they have 26 hole-in-ones every yearā¦
But that one in 12,000 number is for an amateur golfer, not a casual golfer, which most of their customers are. I would bet itās more like one in 20,000.
And if the average customer hits 20 balls for about 20 bucks, it means their topline revenue is about $650,000, and this place is making a net profit of $200,000 to $300,000 per year.
These should be all over America. All you need is a wooden kiosk, a floating tea, and some permission.
Why not start a business where math is on your side?
MEME BREAK
Ducks = Entrepreneurs
TOGETHER WITH THE MARKETING MILLENNIALS
Make your marketing less boring
The best marketing ideas come from marketers who live it. Thatās what The Marketing Millennials delivers: real insights, fresh takes, and no fluff. Written by Daniel Murray, a marketer who knows what works, this newsletter cuts through the noise so you can stop guessing and start winning. Subscribe and level up your marketing game.
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PRODUCTIZED SERVICE | SAAS
Productized Service ā $1M Per Year Business
š From an interview with Craig Hewittā¦
We were doing done-for-you podcast editing and production and one of our customersā¦ came and said, "Hey, I have a friend who has this WordPress plugin in the podcasting space that they're looking to sell."
So we met with the person and agreed to buy the plugin from themā¦ Finally, we built Castos as an integration into WordPress for people who wanted to do podcasting.
There were already other people doing a similar thing, so it was already validated ā and none of them were doing it very well from a product perspective.
So he started with a simple productized service, then built a SaaS to complement that service š
Over timeā¦
his SaaS product started bringing in more and more revenue. And now, it's making 80% of his 7-figure ARR.
Goes to show that you don't need to reinvent the wheel.
Just find an existing service (or product) that could be done better šŖ
Even if someone is doing it well already, maybe there's nobody doing it well in your region / country / language, and you can stand out that way.
FIXING DRYERS
This Local Side Hustle Could Earn You $300 Per Hour
š¬ A wise comment on Redditā¦
I called a local repair guy to fix my dryer belt when it stopped spinning. I observed a few things that are important...
1. It was easy to do and can be learned watching a 5 minute YT vid
2. It's in demand. Belts are a common part that wears out, and in this economy, most people can't afford a new dryer, so fixing it to keep going is the only solution.
3. It's cheap to start as a business. Buy belts in bulk and that's it, other than a screwdriver and some gas to get to each customer.
4. The profit margin is high. I was charged for the part, plus $100 for the work, which took a total of 13 minutes! Schedule even just 3 a day and it's $300 for an hour work plus travel time.
5. It's evergreen, so you never run out of work. The guy I called was so busy that he had hired another guy on just to help him keep up with it all.
I learned enough that I now can do it myselfā¦ but the point is, if you see anyone doing something and think "i could do that!", then DO ITā¦
opportunities exist specific to YOUR area, so look around you.
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