

In fact, some of the greatest teachers in the world weren’t necessarily the best at their craft. It’s a common misconception that you have to be the best at a skill in order to teach it - but that’s simply not the case. If you’ve learned about it in school, an online course, or a class at your local community center, chances are there a ton of people out there who are willing to pay you to teach it to them too. Skills classes (e.g., improv, writing, dance).Instruments (e.g., guitar, piano, singing).Fitness (e.g., yoga, weightlifting, CrossFit).Languages (e.g., Spanish, French, American Sign Language).These are skills that you’ve been taught and acquired over the years such as: Yes, that sounds a little difficult - but once you get going, you’re going to find that it’s very easy. For each question, I want you to come up with 5 – 10 answers.
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Let’s take a look at each question now and dive deep into how to get the best answers from them. That makes it all that easier to stick with it - and make a good amount of profit as well. If you’re passionate about your business venture, this means you’re going to be able to leverage your knowledge and expertise to make money. Here are three questions to help you identify things that you’re potentially passionate about: To help you do that, I want to show you a system we teach to our students at GrowthLab that allows them to find perfect business ideas for them.

Instead, focus on finding the sweet spot between: Don’t worry about what other people are doing and whatever the latest get-rich-quick scheme is. Here’s my advice to you: Ignore the noise - and focus on yourself. Is it doing something with cryptocurrencies? What the hell is a blockchain anyway? Is it a drop shipping business you run from your laptop in Chiang Mai? Is it developing a new dating app that everyone will buy and download?

Unfortunately, there’s a lot of noise out there about what a good business idea looks like. If you want to start a successful and profitable business venture, all you need is the right idea - which brings us to … How to find a profitable business ventureĪ good business starts with a good idea. This opens the doors to flexibility, freedom, and living your Rich Life. You can scale it to be as profitable as you want it to be. That is the power of having a business venture. Not too shabby - but what if you scaled it a bit more? If you sold just one product a month, you’d have $600 at the end of the year. Your business releases a product that costs just $50. Anything from restaurants to multimillion-dollar Silicon Valley tech startups to even the lemonade stand run by your neighbor’s kid can be considered a business venture.Īnd creating a successful business venture isn’t about luck, securing funding from angel investors, or finding the right motivational quote to post on your Instagram. Yes, that encompasses a LOT of different things. What exactly is a business venture, really?Ī business venture is any entrepreneurial enterprise that’s created to make money. That’s why I want to show you exactly how you can start a business venture today - as well as give you some ideas for great business ideas to help you get started.īut first, let’s take a look at what exactly a business venture is. When you do that, you can scale your business venture and earn enough to leave your job completely. The best part: You can get started on the side while working a regular 9-to-5.
