7 BUSINESS IDEAS you Can STARTUP with $0 to $1000 SUPER COOL!

Summary

In this engaging video, Andrew Cartwright shares seven innovative business ideas that can be launched with minimal investment, often under $1,000. He emphasizes the potential for high returns through ventures like remote window cleaning, real estate video editing, and microgreens farming. By leveraging skills and tapping into growing markets, aspiring entrepreneurs can turn hobbies into profitable businesses without significant upfront costs. Cartwright's insights encourage viewers to consider these opportunities and invest in themselves rather than traditional, slower-return options like stocks or real estate.

Takeaways

• 😀 Starting a business can be done with little or no money, making it accessible for many aspiring entrepreneurs.
• 📈 High ROI (return on investment) and low cash outlay are crucial for business success; look for ventures that offer substantial returns with minimal upfront costs.
• 🏠 Traditional investments like stocks and real estate typically yield lower returns compared to starting your own business.
• 💧 Remote window cleaning is a profitable business idea that can be launched for a low startup cost and outsourced to others.
• 🎥 Real estate listing video editing presents a lucrative opportunity, especially in the booming property market for those with editing skills.
• 🌱 Microgreens farming is a low-cost gardening venture that can lead to significant profits, especially through direct sales and subscriptions.
• 💍 Wedding arch rentals tap into the lucrative wedding industry, allowing entrepreneurs to profit from event decorations with minimal investment.
• 👩‍💻 Virtual assistant services offer a chance to connect businesses with assistants globally, requiring no upfront costs to get started.
• 🏷️ White labeling products allows entrepreneurs to create and sell branded goods without hefty investment in manufacturing.
• 📹 Starting a YouTube channel is a cost-effective way to generate income, leveraging social media for monetization opportunities.

Q & A

What is the primary reason the speaker invests in businesses?

The speaker invests in businesses primarily because they can start many of them for little or no money, which contrasts with traditional investments like stocks and real estate that require significant capital.

What does the speaker mean by 'high ROI, low cash businesses'?

High ROI, low cash businesses are those that generate substantial returns on investment without requiring a significant upfront cash outlay. The speaker aims for businesses that can return money quickly and efficiently.

How does the speaker define ROI?

ROI, or Return on Investment, is a critical metric that indicates how much profit is made relative to the amount invested. For example, if you invest $1,000 and earn $10,000, your ROI is $9,000.

What is the first business idea mentioned, and what is its investment range?

The first business idea mentioned is remote window cleaning, which can be started for as little as $180 to $1,000, depending on how you set it up.

What skills are needed to start a real estate listing video editing business?

Basic video editing skills are necessary to create engaging property videos for real estate agents, capitalizing on the current demand in the booming real estate market.

What are microgreens, and how can they be profitable?

Microgreens are small, edible plants that pack a lot of flavor and nutrients. They can be grown easily from home, and a successful microgreens business can generate significant income, as demonstrated by the speaker's example of someone earning $60,000 with a startup cost of less than $700.

How can one start a wedding decoration rental business with minimal investment?

By renting out items like wedding arches and other decorations, you can enter the lucrative wedding market with a low initial investment, potentially earning substantial income from each event.

What is the role of a virtual assistant agency?

A virtual assistant agency connects companies with virtual assistants from around the world. The agency acts as a middleman, earning money by charging companies for the services of the assistants it provides.

How does white labeling work in the context of starting a business?

White labeling involves selling products made by another company under your own brand name. This allows entrepreneurs to create their brand and products without the costs and complexities of manufacturing.

What are the advantages of starting a YouTube channel mentioned in the script?

Starting a YouTube channel requires minimal investment, can be done with a smartphone, and provides opportunities for monetization through ad revenue and partnerships, making it an accessible business idea for many.