Best Money Making Advice

You Needed to Know Yesterday

Best Money Making Advice

You Needed to Know Yesterday

Build a Business in Services

In businesses that provide services, the more services you sell, the more money you can make because each sale directly adds to your earnings. Especially a service business that involves the body somehow. For example, you might not want to do a design firm because of the high likelihood of getting disrupted by AI.

Businesses like a nail salon, a lawn care service, or dentist stuff are great options because people need these services frequently.

People value the human exchange more than something robotic. Imagine a robot cutting hair, there might be a percentage of the population that do it, but a lot of people like going to the hair salon and having that human interaction.

Then, scale the business. You could start a local chain or make the business national level.

Tip #1 Diversify Your Income Streams
Consider exploring different revenue sources, such as offering additional services or products that complement your existing business, to increase your overall earning potential.

The Most Important Skills to Make Money

  1. Building Product - If the product is good enough, then you won't lose customers, and if the product is exceptional, itself will get you more customers.

  2. Sales - Marketing, letting people know about your stuff, promotion, converting people into customers.

  3. Leadership - Get people to do what you want them to do, at scale.

How to Stand Out

The main way to stand out and attract more customers is by being authentic.

Being yourself shows your unique aspects and some of those unique aspects are things other people are interested in, so lean into those differences. If you're just you, then you can stick with it for the long term and that's what's going to build over time and make you stand out because there is only one version of you that's lived.

Tip #2 Leverage Social Media
Establish a strong online presence and engage with your target audience through platforms like Instagram and Facebook to attract more customers.

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