 This Business Model is So Simple It's Dangerous. Here's Why.
This Business Model is So Simple It's Dangerous. Here's Why.
Description
If you follow my content you’re probably interested in business or studying business or trying to start up a business. If you ever try to search up best beginner businesses to start or anything along those lines, you’ll always find consulting or coaching to be at the top of the list as the best go to business model. Which isn’t wrong due to so many advantages it brings for the entrepreneur. Here’s a few advantages:
- Low Start up cost
- Low Maintenance cost
- Service is just information so no need to build physical product or hold inventory
- Can connect to customers using the internet and facetime
- Different methods of distributing service. Courses, Coaching, books, worksheets, Live streams, affiliate marketing, Youtube videos, and podcasts
- All that is needed is experience in the field and a way to record content
- If you’re content is on Youtube you can collect ad revenue from your videos
- You can also pick your own hours of operation
- Different industries of consulting
But there’s a dark side to all of this that most people don’t bring up. And that is results. The challenge in getting others to take action on your advice is near impossible and when they take action and shit goes south. You as the "Consultant" are to blame and rightfully so. I breakdown 30 of what I believe to be as the best beginner businesses to shoot for
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