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If I Had To Make $1 Billion... Here’s The Business I Would Start

My First Million

Fri Dec 08 2023



Selling a Business for Quick Profit:

  • Consider selling a business to make a significant amount of money in a short period, potentially yielding higher returns compared to annual cash flow.
  • Utilize brokerage websites like Quietlight Brokerage to find and replicate successful businesses for sale, providing an opportunity to acquire established ventures.

"Me Also" Strategy:

  • Explore the "Me Also" strategy, which involves identifying existing successful businesses and creating similar ventures with a unique twist or approach, allowing for differentiation within the market.
  • Use platforms like Quietlight Brokerage to identify potential businesses that can be replicated with slight modifications to capitalize on proven success.

Niche Community Membership Services:

  • Create niche community membership services that solve specific problems, such as providing specialized knowledge or access to targeted databases tailored to specific industries or needs.
  • Focus on offering high-value content and fostering a community where members can share tactics and ideas related to their niche industry, enabling engagement and knowledge exchange among participants.

QSBS Advisory Firm:

  • Establish a QSBS advisory firm specializing in qualified small business stock (QSBS) eligibility assessment for tech companies, offering expert advice and attestation letters regarding QSBS eligibility.
  • Provide valuable support by helping clients save millions of dollars in taxes upon the sale of their businesses through careful evaluation of QSBS criteria and regulations.

Business Idea - QSBS Advisory Firm:

  • Offers coverage for high-risk investments through lump sum payments or monthly/annual recurring fees, ensuring clients are advised and covered adequately.
  • Aims to achieve an annual net profit target of $300,000 by charging roughly $10,000 per year, requiring approximately 30 customers annually to reach the financial goal.

Niche Community Business Model:

  • Emphasizes the potential profitability of establishing a niche community solving specific problems (referred to as "X"), highlighting upselling opportunities and the importance of expertise in executing this strategy effectively.
  • Stresses that expertise or partnerships are crucial for success and outlines various upsells within this business model.

Robotics Industry Investment:

  • Explores investment opportunities within the robotics industry, focusing on purpose-built robots designed to solve specific needs such as pizza-making robots and robotic roofing systems.
  • Highlights the scalability and market demand for purpose-built robots, particularly targeting industries with minimum wage labor challenges.

Business Ideas:

  • Creating niche communities to solve specific problems and needs, fostering exclusivity and strong engagement.
  • Developing a QSBS (Qualified Small Business Stock) advisory firm to assist businesses in leveraging tax benefits.
  • Exploring the potential of pizza robots as an innovative solution for the food industry.
  • Considering the acquisition of universities as viable business opportunities, with colleges available for purchase at relatively low prices.

University Acquisition Strategy:

  • Highlighting the availability of accredited universities for sale on platforms like Deal Stream, offering significant revenue potential.
  • Emphasizing the value and profitability of university ownership through revenue from tuition fees, international student enrollment, government funding for sports programs, and NFT-based admissions licenses.

Marketing and Brand Building:

  • Leveraging direct marketing strategies to target intellectual podcasts listened to by parents and generate controversy around exclusivity to build brand recognition.
  • Implementing speaker fees as part of a comprehensive branding strategy aimed at building prestige and attracting high-profile personalities for speeches.