$0 Business Ideas to Make $10k Per Month ASAP
Summary
TLDRIn a time of economic uncertainty, Sabri Subi suggests that it's the perfect moment to start a business, highlighting four low-cost business ideas. These include a short-form video agency for brands, a freelance copywriting service to convert low-ticket courses to high-ticket ones, creating online funnels for offline businesses, and a pro agency to improve Shopify stores' conversion rates. Subi, who has generated billions in sales, positions these ideas as opportunities to thrive amidst a potential wealth transfer.
Takeaways
- π A significant economic shift is predicted, potentially leading to the largest wealth transfer in history.
- β οΈ Jeff Bezos warns of a challenging economic climate, contrary to mainstream media optimism.
- π‘ Sabri Subi suggests that this could be the ideal time to start a business, leveraging the current economic situation.
- π Historically, major brands like Netflix, Uber, Airbnb, Microsoft, Warby Parker, and Revlon began during recessions.
- πΌ Businesses are likely to focus on cost-cutting and efficiency, presenting opportunities for innovative solutions.
- π¬ Business Idea 1: Start a short-form video agency, offering to repurpose long-form content for platforms like TikTok and YouTube Shorts.
- π Business Idea 2: Establish a freelance copywriting service, helping to transition low-ticket courses to high-ticket ones.
- π’ Business Idea 3: Create online funnels for offline businesses, focusing on lead generation and customer acquisition.
- π Business Idea 4: Launch a pro agency to improve conversion rates for Shopify stores, with a performance-based pricing model.
- π Sabri Subi emphasizes the importance of identifying and solving pressing problems with 'painkiller' solutions.
- π Subi's goal is to assist clients in thriving in the coming year, with a proven track record of generating billions in sales across various niches.
Q & A
What is the potential event that Sabri Subi is referring to as 'something huge'?
-Sabri Subi is referring to the potential for the biggest transfer of wealth in history, which he suggests is closely tied to the current economic downturn.
What does Sabri Subi suggest is the current state of the economy?
-Sabri Subi suggests that the economy does not look great at the moment, contrary to what mainstream news might report.
What type of businesses does Sabri Subi believe are well-positioned to start during a recession?
-Sabri Subi believes that businesses that can offer cost-cutting solutions and innovative services, such as those leveraging digital platforms and providing high-value services, are well-positioned to start during a recession.
What are the four business ideas that Sabri Subi suggests can be started with almost zero dollars?
-The four business ideas suggested by Sabri Subi are: 1) A short-form video agency, 2) A freelance copywriting business, 3) An online funnel for an offline business, and 4) A pro agency focusing on increasing conversion rates for businesses.
How does Sabri Subi propose to monetize the short-form video agency business model?
-Sabri Subi proposes a zero-risk, pay-for-performance model where businesses pay a commission (10% to 30%) only when a sale is made through the links provided by the agency.
What is the strategy for the freelance copywriting business idea according to Sabri Subi?
-The strategy involves reaching out to creators of low-ticket courses and offering to help them pivot to high-ticket courses, with the copywriter receiving a 20% to 40% revenue split for the sales generated.
How does Sabri Subi recommend approaching offline businesses for the online funnel business idea?
-Sabri Subi recommends offering to build a funnel at no cost to the business, with the understanding that the agency will receive a pay-per-sale or pay-per-lead commission for leads or sales generated through the funnel.
What is the proposed method for the pro agency business idea to increase conversion rates for businesses?
-The method involves setting up a cold email campaign to businesses built on Shopify, guaranteeing a 30% increase in conversion rates, and using various strategies such as mid-journey optimization, detailed product shots, rich product descriptions, and upselling flows.
What is Sabri Subi's background and what is his goal for his clients?
-Sabri Subi has a background in generating sales for his clients, having generated over 7.8 billion dollars in sales across a thousand different niches. His goal is to help clients survive and thrive in the coming year.
What is the overarching theme of the business ideas presented by Sabri Subi?
-The overarching theme is leveraging the current economic situation as an opportunity to start businesses that offer cost-effective solutions and high-value services, focusing on performance-based revenue models.
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