How to Start a Business for Under $500

so there are people out there that if you run into they can't help themselves well tell you about their sports team their local charity their church they go to the sports team they believe in their politics their views and all this other stuff if you're around me I want you to start a business that's what I want you to do I just want to help you start a business so today in this video I'm going to talk to you about how you can start a business for less than five hundred dollars and I'm going to simplify to you in a way that probably it's never been simple but simplify like this before so let's get right into it there's really six things you can do to exchange what you're providing to the consumer the customer for money and profits to you number one you're providing a service for me number two you're giving me advice because you're an expert your expertise is what I'm paying for number three you're selling me a product you bought it for five bucks you sell it for twenty number four you educate me number five you've given me an experience number six you're entertaining me all of those six things you and I spend money on every single day all of those six things are things you can figure out a way to start making money for yourself so now let's start off with services mobile auto detailing this is the easiest thing to start off with go get a couple of the equipment for less than five hundred dollars and start servicing cars in your community start with $20 $25 $30 I don't want to go to a car wash people don't want to go to a car wash once you get a trail going next thing you know there's a ton of things you could be doing with that where your cleaning three cars for one house next-door neighbors to say can you come by and do three cars what are you charging can you combine do this can you combine then you come to a business building then you call the business management the buildings are manager and you say hey I'd like the service cars and for the people in the building I'll give free a you know service to you and your employees as the manager team and I'll get 20% discount for all the tenants there and we'll be cool service for you no problem then you got ten buildings then you got twenty buildings then you got twenty people cleaning cars in all these different places now you're making three four five six seven eight ten thousand dollars a month because you started mobile detailing business dog walker babysitting being a chef if I knew how to cook I don't know how to cook but if I know how to cook I would figure out a way I remember I went to a restaurant one time in Kentucky it's called six Magnolia if you search 610 Magnolia and we walk into this place I took ten of our friends to Bill ended up being $3,300 right after Kentucky Derby we went to this place that's when I met Arnold Palmer just a real cool place I said how did this place get started he said he was a guy that he cooked so well that everybody in the community wanted him to cook for him so he said every Friday night he cooked in his house but it was $200 and it was a seven-course meal and people had no problem paying for it so ten people would pay for it so $2,000 every Friday night then he took a house and he turned the house into a restaurant called 610 Magnolia that's the address to the restaurant that's the name of the restaurant just because people like this cooking you turn into a business another one is landscaping another one is running errands and then let's get to some of these other things here which by the way I want you to know that this video sponsored you by Fiverr at this point I think many people know my relationship with Fiverr and how much of a believer I am in fiber and so voiceover voice acting voice impersonation you may need a you may know how to do voiceovers in different languages go on Fiverr people will pay you 20 30 40 bucks just to do your voice for them I've paid in multiple different times to have a British accent to have a different type of an accent you got a voiceovers for commercials to do maybe you know how to do editing writing editing video editing put yourself on Fiverr maybe you know how to design websites and you know how to produce them for yourself again go on Fiverr and put yourself out there as a talent to provide your services for other people now if you're watching this right now you're saying I want to start my own business but I need a website go on fiber comm have somebody build a website for you if it's $100 $200 $50 if you use the code the discount code Pat bet they'll give you 20% discount so expense $600 you'll get $120 disc and spend $100 get a $20 discount as long as you use the coupon code path bet you'll get a 20% discount so website logos coaching kids I was at a baseball game yesterday for my kid and this guy next to me who played a football to pay professional on the football side said so what is what are there some programs here for baseball he says oh my gosh coaching six-year-olds and teaching them how to swing and catch the ball has become a business your locally and so what kind of a business he says there are people that code that played college baseball or having kids parents are having their kids be coached by this guy's fifty dollars per 30 at 30-minute session I said what yes fifty dollars they're getting there it's a picture they're going to capture position their throne involved they're doing all this other stuff because somebody else doesn't have the time to do it there's money then the massage massage is just you can do massage services to offices I would bring people to my office and they would give massages to 20 people at a time fifty dollars a pop that's a thousand dollars I mean that's a pretty nice amount of money to be made there's money here if you know how to massage next expertise go get your notary license people need to notarize stuff and they need fingerprint signatures $10 a pop $15 a pop and then they pay for the gas as well get your real estate license get your insurance license this is a route I took I want to got my insurance license I don't have a four year I don't have a two-year degree this became my degree I got insurance and security theory 766 31:26 I started selling and I became an expert in investments I became an expert in insurance and I got paid for by insurance companies for doing that security guard you're a big guy you know how to fight you took boxing you know martial art you want to figure out a way to go become a security guard go do it and I find some of your other peers on you maybe you can start a security guard business personal trainer translate you speak other languages you know how to translate for people there's a very very very big need for this I have a lady that I met at heart which is local right here in East Plano she started a business simply for translating her business that's thirty-five million dollars per year just to translate businesses just to translate for hospitals that don't know how to speak to a certain patient when they're doing they your questionnaire on their help she has all the different languages with people that are translating for them from their house next sale sell t-shirts sell flowers so fidget spinners nowadays everybody wants to buy that I remember back in the days in 2000 and in 2000 a product that come out called clipping talk back in the days there was no speakerphone and there was no Bluetooth on the phone so clipping top will link to radio station I think 88.7 and you would clip it on your phone and anybody who would call you this sound would come out of the speakers and you would speak to them as if it's bluetooth so it was it was a ghetto type of Bluetooth back in the days but I would buy it for five dollars and I sell it for twenty bucks a pop I can't tell you how many of them I sold during the time while I was getting into the securities industry shoes has pick a product by divide wholesale selling retail educate teaching your language you may know certain instruments you're teaching me I want to learn you may know how to teach kids how to read and write tutoring it's a big business then you got an online tutorial a personal defense there's a lot of people nowadays I want to learn personal defense especially in certain communities what if you start teaching personal defense classes and you do it as a group ten ten people show up you show them somebody attacks you what you do how you how you get out of it all this other stuff there are people that are willing to pay for this experience what's the experience give me a fun experience for boot camp class at 6 o'clock in the morning and it's an experience at a local park $20 a class $15 a class ten people show up you made $150 not only did you get a workout where you got empty but I'd also showed up it was fun running to get all this other stuff hiking maybe you're somebody that knows all the hiking trail spots in your area give me some of those secrets hike it's hiking training spot and you have all the equipment let me bring the group and say hey I'll go with you for three hours we'll have a great time I'll take you to a secret spot I know everything in this area but it's a hundred dollars it's $20 a person it's $30 a person whatever people are willing to pay for that surf you know how to surf most people are afraid of surfing but almost everybody I know most people want to know how to surf because it's cool but they're afraid what if I don't know how to do it it's embarrassing I'm going to fall you know how to do give me a fun experience I'll pay you for it and last but not least is entertainment listen you go on YouTube people say man no one watches these educational videos because people would much rather laughed and be educated so guess what turn it into a business comedy arts teach people how to paint or at the same time entertainment draw me paint me there's people that do this everywhere 20 bucks of painting 30 bucks are drawn and people pay forward a dance you know how to dance there I was in Miami and in Miami South Beach right off of a1a there was this a boyfriend/girlfriend that we're dancing and what they were doing is in a middle of the strip in the middle of the strip they were dancing and they were going to bring in people to dance and they had a bucket people drop in $20 $15 $20 $10 $10 and all night all they did is boys and girlfriend dance all night Friday from 9 o'clock to 1 o'clock in the morning and they made 400 bucks can you imagine dancing all night and you make $400 just from dancing there are so many ways to make money YouTube stars singing go sing out there people will pay for it have to see these selling people will buy my bought a CD from a guy who is from Argentina him and his brother in Santa Monica they would play the guitar in a way I've never seen before I bought the CD from him for 20 bucks I listened to that CD for a whole year in my car because he had this one song he would play would just speak to your spirit he is not a big-name person no one knows him but I paid 20 bucks from that to get a CD and I listened to it work for Europe magic you know how to do magic tricks there's many ways to make money doing magic tricks people want to be entertained so again watch all of these things figure out which one connects to you and then start a business for yourself and by the way if you need your banners if you need a website if you need a logo if you need any of that stuff go to fiverr.com - RS go to fiverr.com use the coupon coupon code tap bed to get a 20% discount with the services that they offer on fiverr.com so with that being said you got any questions comments comment on the bottom Andrew let me get that pillow right there brother and if you have not subscribed to this channel yet be sure to do so click on the subscribe button right here and right next to there's a notification button you'll be one the first to be notified every time the videos come out so join the notification squad take everybody by you [Music]

Channel: Valuetainment

Views: 557,118

Rating: 4.8981886 out of 5

Keywords: Entrepreneur, Entrepreneurs, Entrepreneurship, Entrepreneur Motivation, Entrepreneur Advice, Startup Entrepreneurs, How to Start a Business for Under $500, how to start a business, how to get started in business, how to be an entrepreneur, fiverr

Id: rKAAzZFLPEs

Length: 11min 14sec (674 seconds)

Published: Thu Jun 15 2017