I Found a New Easy Online Business No One is Talking About!

Summary

This video tutorial outlines an accessible method to start an online business by building and selling data-driven tools, requiring no coding skills and offering low competition. It's divided into two parts: an explanation of the concept with real examples, and a practical guide on creating and marketing these tools using platforms like WordPress, Notion, and Gumroad. The presenter also shares strategies for data collection and offers tips on marketing, including leveraging free libraries to build an email list and focusing on a single social platform for growth.

Takeaways

• 😀 The video introduces an easy way to start an online business by building and selling data-driven tools.
• 💼 The strategy requires no coding and does not involve writing blog posts, making it accessible to non-technical individuals.
• 🔍 The competition in this niche is still low, offering a good opportunity for new entrants.
• 📈 The video is divided into two parts: the first part explains the idea and shows examples, while the second part provides a step-by-step guide on implementation.
• 🌐 The speaker uses his own website to demonstrate how he collects and provides data through libraries like the prompts library, code snippets library, and email subject line library.
• 📚 The concept involves creating a library of useful data that people can access and use, such as databases of YouTube videos for content ideas or a database of websites for niche research.
• 🛠️ The practical part of the video shows how to create such libraries using tools like Notion, WordPress, and custom development, with a focus on WordPress for its flexibility and affordability.
• 📈 WordPress is recommended for building data libraries due to its ease of use and the ability to create custom post types and fields without coding.
• 💡 The video suggests using free libraries as lead magnets to build an email list, which can then be used to market premium products.
• 📊 The speaker provides marketing tips, emphasizing the importance of focusing on one social platform and building an email list to attract and retain customers.
• 🚀 Bonus ideas include creating libraries of AI agents and AI automation workflows, which are currently trending and could be sold as valuable tools.

Q & A

What is the main topic of the video?

The main topic of the video is about starting an online business by building and selling data-driven tools without the need for coding.

Why is the strategy presented unique?

The strategy is unique because it requires no coding, does not need blog posts, and the competition in this area is still relatively low.

What is the first part of the video about?

The first part of the video explains the idea of building data-driven tools and provides real examples from the speaker's own business and other successful people.

What does the second part of the video cover?

The second part of the video shows step-by-step instructions on how to practically implement the strategy of building data-driven tools.

What is the easiest way to implement similar data libraries as shown in the video?

The easiest way to implement similar data libraries is by using WordPress without coding, as demonstrated in the video.

What is the purpose of the 'Prompts Library' mentioned in the video?

The 'Prompts Library' collects prompts to use with CHP or language models, allowing users to access and copy these prompts for their use.

How can one sell data libraries on Notion?

One can sell data libraries on Notion by using Gumroad, which allows for the sale of Notion templates and pages.

What is the role of Skillshare in the video?

Skillshare is mentioned as one of the largest online learning communities offering various courses, including those related to Notion and productivity, and is sponsoring the video.

What are some examples of custom post types created in WordPress as per the video?

Examples of custom post types created in WordPress include 'Prompts', 'Tools', 'Custom Code', 'Research Paper', and 'Premium Video'.

How does the video suggest collecting data for a data-driven business?

The video suggests collecting valuable data in a niche, such as email subject lines in marketing, and then providing this data as a service or library.

What is the marketing plan suggested in the video for a data-driven business?

The marketing plan involves focusing on building an email list and concentrating on one social platform like LinkedIn or Twitter to attract and market to potential customers.

What are the two bonus ideas for a data library presented at the end of the video?

The two bonus ideas are creating a library of AI agents and developing AI automated workflows with no-code platforms like Zapier or Make, which can be sold to users.