The Easiest Beginner Business To Start

Summary

• Starting an online service business is the easiest way for beginners to enter entrepreneurship.
• It costs almost nothing to start and deliver an online service business, making it financially accessible.
• There is low recurring overhead in online service businesses.
• You can run an online service business from anywhere in the world with the technology you already possess.
• Starting a business with low stakes allows you to learn from inevitable mistakes without heavy financial consequences.

Video

How To Take Action

I would suggest implementing an online service business as your first step into entrepreneurship. It's affordable, and you already have all the tools you need. You just need internet access and a laptop or phone to get started. This makes it a great low-cost option.

A good way of doing this is by identifying a skill or service you can offer. It could be anything from graphic design to writing, tutoring, or even social media management. Start with something you’re familiar with or passionate about. This keeps initial investments low and enthusiasm high.

You can work from anywhere, which means your workspace is flexible and cost-effective. Whether you're at home or on vacation, you can run your business without the usual overhead others face.

Low stakes are your friend here. You’ll make mistakes, but because the financial risk is small, each mistake becomes a learning opportunity without heavy consequences. This is invaluable for growth.

Finally, leverage free or cheap online tools. Platforms like LinkedIn, Fiverr, or social media can help you reach potential customers without spending on marketing. Use free trials or basic plans of software to manage your tasks initially. Each step's focus should be minimizing expenses while maximizing learning and growth.

Start small, learn from every action, and scale as you gain confidence and insight.

Full Transcript

there are a lot of different businesses that you can potentially start for beginners starting an online service business is the easiest one to start because it costs the least amount of money and it has a lot of good economics around it it costs almost nothing to deliver there's low recurring overhead you can do it from any place in the world if you're watching this video you already have all the technology required basically everything is there for you to start and you get to learn all of the mistakes that you're going to inevitably learn on a low stakes business first