Business start up ideas

If I had a good enough idea, I’d probably be building something myself. As it is though, things that make people’s lives more convenient are going to do well. As people accumulate more disposable income, they’re more likely to pay someone else to do tasks they don’t want to mess with. You see this in the rise of food delivery and grocery delivery.

I think there is opportunity in handyman type stuff. Guys either don’t know how or don’t want to do the small R&M stuff around the house anymore.

If I were to do it over again, I would start a restoration company. They made $10,000 of my insurance company for 6 man hours... insane

Spraying yards for mosquitos. A backpack blower with the attachment for dispersing chemicals runs $700-$800. The chemicals themselves cost pennies per yard. It is hard work, but you can hire hard working young folks (if you can find any) to do the labor. My buddy has a company that sprays over 500 yards a month at $50/yard/month. He also owns another company (similar to TruGreen) that sprays lawns for weed control and keeping them green.

Really any business will be successful if you do two things:
1. Make sure what you have is marketable and needed/wanted.
2. Most importantly build an audience. You can almost do anything once you build your brand and audience. This takes time. Most businesses only chase the immediate sales, which is important to stay a float. But the long term successful businesses build an audience. They last through the good and bad times.

Just be a contractor that actually returns phone calls and meets deadlines. You could charge 30% more than the next guy and people would use you. I know I would.

Wife and I started a digital marketing company 7 years ago, which has a really low barrier to entry cost wise because all employees are remote. She ran it because I had a good job in oil and gas and we didn't need her to make a lot. Just because it has a low startup cost doesn't mean it will be immediately successful, especially without marketing or funding.

It took a few years for the marketing firm to take off, and we paid payroll out of our personal accounts a few times, but she did a good job and has grown it up pretty nicely. We are now starting 2 new businesses (wedding venue and short term rentals), that I feel good about succeeding quickly, because they will have the benefit of great marketing and funding. Once those are going early next year, I'm quitting oil and gas and working in our businesses.

I have more ideas that I can do in a lifetime. But it isn’t about your ideas. It’s about execution. All I can say is that if you want to be successful then build an audience. It doesn’t matter what you do really. You build your audience and you can do anything and be successful. That is the key. But it is hard work. I personally use video.

Content arbitrage.

I also want to start my own business. Now I'm looking for information about it. I have an idea, but need investment.