10 Businesses To Start BEFORE You Get Laid Off In 2024
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- čas přidán 15. 05. 2024
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I'm starting to feel Déjà Vu... In 2008, I watched friends and co-workers pack up their desk and walk out of Goldman Sachs… in that moment, I discovered the key to financial security- ownership. In this video, we've done the research and identified ten recession-resistant businesses that are tailored specifically to you.
We’ve developed the Money Matrix, the 10 Business, 4-quadrants that each one of you can place yourself into based off of how much money and skill you have at your disposal.
Data shows that job openings are plummeting, hires are decreasing, and layoffs are on the rise. Don't be caught off guard, so protect yourself with these recession resistant ideas to get you started in your journey to ownership.
Whether you're concerned about job security or looking for profitable business ventures, this video is your roadmap to financial resilience.
Timestamps
0:00 - 10 Businesses To Start in 2024
3:45 - Auto Detailing, Power Washing, Landscaping, Cleaning
14:00 - Consultant, Productized Service, Product As A Service
19:35 - Buy Laundromat, Self Storage
23:41 - SaaS
27:10 - Be Prepared for 2024
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All content on the Codie Sanchez CZcams channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links. - Zábava
23-year-old hustle here! College grad, full-time salesman, and now Baltimore's newest junk removal king (unofficial title, of course). Launched this cleaning side project with just a U-Haul trailer and some muscle. Loving the workout, the sales pitch practice, and seeing my city shine again. Next stop: commercial contracts and a subscription service for Baltimore's bulk-hauling needs. Big thanks to you for inspiring the leap!
Get after it!!!!
Nice work!?!!!!!!!
Were you inspired by Alex Hormozi as he created the exact same business a month ago?
Gooo Bmore Represent!
Let’s go king!!! 💪🏾💪🏾💯💯
As an investing enthusiast, I've kept aside a good sum of capital to invest for financial independence and early retirement, but my concern right now is the market rally being propaganda. Is this a good time to buy stocks, or do I wait for the crash?
@EldenBailey-yv3ot True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit a 90% rise from early last year. My CFP and I are working on a 7 figure ballpark goal, though this could take till Q3 2024.
@@maccidomuhammadbello4171 How can one find a verifiable financial planner? I would not mind looking up the professional who helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@@MicheleBurkett She goes by the name ‘Victoria Carmen Santaella’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finances, but so glad I did.
@@maccidomuhammadbello4171 I feel thrilled about this, curiously inputted Victoria Carmen Santaella on the web, and spotted her consulting page ranked top. I've seen commentaries about advisors but not one looks this phenomenal.
As long as the US government doesn't cut its budget stocks will keep going up. Only spending cuts can stop the money printing
This is sound advice. I started out mowing lawns until eventually I had 3 trucks. All while putting myself through College. Once again it all resonates and you can adapt and transfer these ideas to your current field. I'm now a real estate agent and now I'm getting back to what made me successful by implementing the same idead, concepts and strategies that worked before. Thankfully you don't have to hunt all over the internet for this information as Cody delivers it to you for FREE! Thank you Cody.
I've been running a window cleaning company for years. My charge out was up to $400 an hour 10 years ago with 90% margin. 100% referral work but started door knocking. It's magic.
What about liability insurance? Do you have to have that to start?
Thanks for the question. No you don't have to have it here. I did for a number of years but stopped. The company is an LLC and all my wealth is secured in other entities. I'm not worth suing. I'm happy to cover anything I break and the glass you're working on isn't covered by the business insurance anyway. In New Zealand personal injury is covered by a government system where you can choose a set amount of cover or 1% of gross profit. if a business is negligent the government insurance company can sue me but once again I don't own anything. They could close the busyness though but i would take the IP and client list and start again or sell it under a different company. @@lovelace1856
Well, depends on where you live. In the US and Canada you want to have that; 1 broken window and your customer will sue you for $10 million because he stepped on a spec of glass and is now in disability for the rest of his or her life... In Europe not so much, we tend to still have some decency left in our system although it is fading
Absolutely. You have to build your business practice for the market you live in. @@johnenglish8126
Happy for you. Well done! I am starting my luxury chauffeuring company from next month.
This is the most detailed and practical business management video I've seen on this platform. Truly more useful than most college courses. Thank you Codie, this is brilliant.
Am from Malawi 🇲🇼 one of the poorest countries on the planet. I live in South Africa and honestly, I have $0 but I'm determined to start a business and honestly, I find this video very helpful.
Let me inspire you! I have four (4) friends from African countries including Kenya, Zimbabwe, Ghana and Nigeria. Two (2) males and two (2 females. I met the girls in 2020 and the guys in 2021 & 2022. Now here in America, we Amercians are used to the scams coming out of Niger, Nigeria, Benin, Togo and those areas. What is unbelievable to me is how there are so many so-called 3rd world countries in Africa and yet, even people like you have cellpnones and or internet service. Scamming is a horrible business model and I cannot believe how they spend so much time setting up scams, marketing them, via mail and the internet, like dating scams on Facebook, spend the time and energy to make fake profiles, post daily and hope some uneducated American takes the bait, only to send links to hack their computers, and hopefully their financial accounts, or buy into their sale pitch scams and never really know if they are going to be lucky.
So let's take my friend and now business partner from Kenya. The average daily wages there is $1.25 USD an hour and if you make $1,500.00 a month or $8,800/00 a year, you are considered upper class and rich. My partner is a female who will be 26 in a few weeks and she started with $0. All she had was a flat she could barely afford and just enough to pay for her food, clothes, rent, and her cellphone to keep in touch with her family who lives 4 hours away. Now while Codie doesn't recommend it, she created an Instagram, Facebook and TikTok and she sold items on ebay and Etsy. I helped her get some "remote" business gigs, working for other businesses. The money she made from that, she bought cheap items China sold on her Etsy store. She used her cellpnone to make videos of places to see and visit in Kenya. She wanted to be a model (like fashion) and because I have a fashion retail business here in the US, I did assist her. She created a Patreon that was fee based providing modeling tips and info which has grown.
To us Americans, making $500 a month is nothing. But to her and the others who followed suit, in theses African countries, that is a lot of money! Unlike Codie, you have to start somewhere and being in a foreign country with different cultures, laws and how things are done are very different. However, all four speak English very fluently. So, like what Codie promotes in different videos, I showed all four how to use the SBA (Small Business Administration) to set up minority based businesses, get loans and get leads for business here in the US and then subcontract it out. Codie tells in other videos that long term contracts are something she looks for when buying a business. I agree. With me regularly doing gov't contracts for work, which local, State and Federal gov't agencies buy almost everthing under the sun! So, helped all four with pricing and what is allowed and what is not in the US. For example, the girl from Kenya, we secured a $3.5 million (USD) contract to mow grass for properties this agency owned two (2) times a month for 9 months out of the year. We then found a local company to actually mow the lawns.
The others, I helped them get contracts to clean gov't offices, do lanscaping, plow snow in the winter, etc. These fall under what is called a DBE (Disadvantaged Business Enterprise - (minority owned business)). Now, each are making between $50,000.00 to $100,000.00 USD a month! Further, to offset taxes here, they are taking their profits and investing back into their businesses and like Codie, buying real estate rental properties, car washes, laundry mats and even septic tank (sewage) pumping businesses. For my help, I get 25% of what the make. So a win, win for everyone!
Lastly, I am now helping all four legally migrate to America. WIth our current boder crisis, it is not easy, but we are making progress. There is far more to all of this than I can put here. However, there is a lot of truth in what Codie says and teaches. Yet, she is NOT 100% correct. Codie is in Texas and here in America while each state has it's own laws.... think of Africa and each country), there is what is called the Uniform Code. This means what while language (wording) can vary state to state regarding businesses, the intent is the same. Here in Ohio, the law is as follows: "the failure of a supplier to obtain or maintain any registration, license, bond, or insurance required by state law or local ordinance for the supplier to engage in the supplier's trade or profession is an unfair or deceptive act or practice." Ohio Rev. Code § 1345.02(G). In a handfull of videos, Codie tells viewers that you do not need a license to operate a business. That is just flat wrong!
Bear in mind too that Codie is a "CZcamsr" who makes video content and that is one of here main sources of income. Look closely in the background of many of her videos and you will see her 500,000 subscriber plaque. Can you make money from CZcams? Absolutely! Zach Johnson aka The Millennial Farmer (www.youtube.com/@MillennialFarmer/videos) is large mid-west farmer who has 1.07 MILLION Followers and makes more money from CZcams than he and his family make from farming! Millennial Farmer Makes More Money On CZcams Than Farming || Life Wide Open Podcast - czcams.com/video/F13BuL54LEk/video.html I can also name many more!
Also, I want you to go check out UpFlip channel here on CZcams. www.youtube.com/@UpFlip/videos. This is a CZcams channel that shows what Amercians are making in successful businesses. So I disagree with part of what Codie promotes in her videos. Like me, you have to like what you are doing. If you create or buy a business that does something you hate, it doesn't matter if you make $5 billion a year! We get snow in my state and you couldn't pay me $5 million a month to create or operate a snow removal business! That is how much I HATE SNOW!!!! So don't let her mis-guide you for profits in her pocket!
You have internet and I'm sure a phone. So create videos about traveling to South Aftica. What are your hobbies, likes and dislike that you could share with the world and charge for? Maybe you can listen to or read business and investing books online and give a review of them. Maybe you have a specail talent that you can teach others about. Be creative and try!
I hope this will inspire you and you can be like the four I am helping from Africa!
Please reply to your comment with a way that I can reach you. I’d like to know more about your aspirations. I am from South Africa, live in the USA, and I’d like to invest.
I expected another “follow your dreams” speech. You have the head for business that understands it’s about money first. Good stuff.
I always seems to get hooked upon watching your videos up to the end sharing to us significantly helpful techniques improving the way modern livelihood works. Keep it up Ms. Codie!🎉
Cody. You're brilliant. I appreciate the work and straight to the point information put into this video. I am definitely saving it for the future in case I need to reinvent myself. Thanks!
Thank you Cody! You're channel is always helping the little guy. Definitely appreciate it.
I really appreciate the fast pace yet amount of valuable information.
The visual organization.
I’m in Austin as well so it adds even more resonance.
thank you for sharing with us. 🙏🏼
One of the best videos I've seen - full of highly useful information, presented in an easy to understand but not overly simplified way. Truly inspiring and no bullshit! Thank you, Codie, for this and your other content. You bring a lot of value. Best of luck!
My goal next year is to be more serious and consistent with my investments I’ve been investing since I was 22 in college and I’m 27 now about to graduate with a bachelor degree next year in the spring. 2024 is going to be more serous for me investing consistently for the long term. starting to save for a house down payment. I want to invest more than $25k, but I'm not sure on how to mitigate risk
Lots of People are sitting on large stockpiles of cash ready to time the market they’ll miss the mark and pile in late either way people that bought early will win
@warner962 I'm looking to give stocks another shot after staying on the sidelines since the pandemic and was advised to diversify between stocks and bonds, since they can help hedge against inflation, but can't tell which is safer at this point, or am I better off just holding cash?
Exactly what I’m doing again this week. The smartest thing I’ve ever done was having 30% in cash to buy on the way down in 2021. It hurt watching 30-40% discounts drop to 50, but grabbing Google, NVDIA, Apple, and others near the bottom has paid off. I love the bull outlook but I’m not confident to should hold all equities.
will definitely be speaking with her. Goal for 2024: bump up my weekly investment contributions Along with paying off my car and starting to save for a house down payment. After cleaning up my finances this year, along with having a low cost of living, I'm going to go heavy in my investments
Excellent info. My problem is when it starts dropping I think it's going to keep dropping for awhile and I wait so I can get the best deal. Next thing I know, it's back up again. I'm retired so don't have as much time but don't need the money for at least ten years or so. Gets tricky for me
Cody is awesome, but her real hustle isn’t laundry mat or car wash or else she wouldn’t be on social media. Her ACTUAL MAIN hustle is selling hope on social media.
I agree but it's the thinking like an entrepreneur that I appreciate with this video. I wouldn't have thought to categorize the skills vs $ in a quad that way. Thinking like a an entrepreneur is half the battle. Once that is accomplished I think you can make a business out of anything.
Her "hope" is based on solid business principles and ideas that put a person back in control of the future (being their own boss). She's not hyping anything. She's helping people think how they can use what they have money/skills and leverage that into something better than working for someone else. Not everyone who watches will take advantage of the information, but it's still good information. She's not a snake oil salesman.
Her advice is spot on and would take people years to accumulate on their own. Thank you Codie for caring about the small business owner and bootstrapping people out there.
Notice she isn’t charging you for the info. She was a multi millionaire before the CZcams stuff. She gives great info and could be charging for it but she is helping out the owner who wants to grow. She is also growing her brand around what she knows so it is smart. She is not selling hope. She is selling how to turn Hope into reality. She is not the Amazon Fulfillment CZcamsr.
Thank you, Codie.
wow, this is incredibly useful information Thank you!
I’m 6 minutes into this video and I already have to comment on the value of it…. Exactly the info I’ve been looking for 👍🏾
Never forget that honesty and integrity are also 'skills', and without them you will struggle.
Funny thing... when I started my landscaping business 25 years ago I had to rent a lawnmower, but after 20 years when I had to shut down when my son got sick, my last job was creating a $30,000 garden :)
Just do it.
God bless man, hoping your son is all better now. Are you back in it or doing something else?
True. Hard to find honest and accountable people so if you can do that and customer like it business will come.
Wow, this has ben one of the most clear and valuable videos I've seen. A lot of information to digest. Thanks Codie!
Great video Codie! So valuable and insightful!
Codie you truly are a blessing to humanity 👍
Hi Codie, this business formulation or specimen with detailed analysis, references and referrals is the best one available out there. I have not seen anything like this, so categorized and detailed specific anywhere on CZcams or the web recently. Oh my goodness, that was very impressive. I like you more after watching this. I just pick a couple of ideas from it that I will speak to you about it if you will give me the chance. Stay tuned. .... KD
I love this and honestly laughed when i saw the thumbnail! I was laid off 2 days before my wedding (i wish i was joking). i had worked a corporate role for 1 year. only 23 at the time. my ex-employer gave me 3 months severance. i used those 3 months to build a cleaning business. i am essentially a dropshipper of cleaning world. clients come to me, i sent cleaners their way. now 6 months in and love it! It's a slow build I realize but best week so far has been a little over $1k. do what others won't so you can be where others aren't
Can you tell me how you generate leads? I'm in texas
Thank you so much Codie for this information!
Just met you and Chris in elevator at airport… if there would’ve been more time… thx for being so gracious. Merry Christmas 🎄and may 2024 prove abundant, prosperous, with peace and health 🙏.
Great content. I wish you can give me some advice on how to scale or run my business more efficiently. I have no background in business but I seem to make it work. More tips will be helpful. Thank you
Thank you for providing this most valuable content 💗
Nicely done.
Always love your content and the blunt way you explain it. Thank you
I remember Cody talking about starting a “dirty” business. After my high schooler (senior) was constantly let down my his PT employers and his shifts kept getting cut, he started a car detailing business. He’s already done 5 cars with two more scheduled. A friend of mine makes shea butter soap and sells them on TikTok and makes bank.
whats the soap brand
@@Papeeshkafight club
Thank you 🔥🔥
Love it the idea. You are fully organized motivated and energetic
full of knowledge and valuable information! good job
I adore your content! Very well structured.. real value rather than just motivational nonsense stuff … Thank you Codie!!!
you’re my hero thank you 🙌🏼
You’re so intelligent. You’re my number one go to for business implementations going forward 💯
This is one of the channels that gave me the courage to start my CZcams channel 9 months ago about self development. Now I have 1,765 subs and > 1k hours of watch time. I know it’s not comparable with others but I’m still proud I started because I’ve been learning so many lessons that I could haven’t learned without getting started in the 1st place.
So true! Nothing replaces experience. Keep it up!
Well done! Keep going! 🥳
Thanks for sharing! That is phenomenal!
@@JoyfulJenn Whoever you are, I don't know you personally but I can say that you're one of the non-judgmental and open-minded people who is not fixated on tangible or external factors in order to learn from someone like me. Just because someone doesn't have a piece of paper as a credential, doesn't mean that person is not entitled to share personal experiences with the hope & intention to inspire others. Keep up with whatever it is that you're doing to improve mankind or improving your life even to a slight degree each day. This is just one part of a bigger puzzle for creating my CZcams channel about holistic health. I literally could have died back when I was 14 years old due to major depression but here I am right now replying to you, a CZcamsr, who's full of fulfillment and dedication to help others to be a better version of themselves. I ain't better than anyone else but my old self. That's all that really makes this CZcams thing more meaningful and enjoyable. Thanks so much for your support! I am hoping that you can join me with this endless personal development journey! :)
@@AlwaysHereAndNow Thank you!
What I really focus on is the value of the content and what I’m truly passionate about while helping others! I'm glad that I'm foolish enough to believe that I can actually start making money through my passions. I've never thought that I'd be able to gain 1K subs faster. I can't imagine how many opportunities could have been wasted if I didn't have courage to go after them. That includes having this channel, being in a management role, having the people who actually care about me for who I am, freelance gigs, being an ambassador in a creative community and now I'm also planning on honing my public speaking skills through joining a toastmaster club and these all happened in 2023. It started with writing them all down on a piece of paper. A paper that serves as a reminder for me to go after what I want even through hard times. I'm not bragging about my accomplishments but simply hoping that this message can also inspire others to believe in themselves.
this is hands down the best, ost comprehensive, and easy-to-understand video on businesses I have seen, ever! Thank you :)
thank u..u ooz with data and confidence mam
The title of this video is very presumptuous 😄 I just stumbled upon this lol! But if it works for many people that is a bonus 👍
Wow! I'm impressed!
Thanks for such a great if not the best content on the subject!
The concept of the quadrant and PROMISE and BRRT have my brains changing gears!
Thanks! You sound very professional!
I aim to empower individuals to begin their journey and succeed despite initial constraints. Success doesn't always require vast resources or expertise; it often thrives on determination, resourcefulness, and a willingness to learn and adapt along the way. Thanks for this very informative and helpful video. Just subscribed to your channel 👌
Thank you for the ideas! You are talented and a wonderful teacher
The kind of content u r providing is really awesome.. just keep uo the good work.. really like ur ideas 💡 of starting with small and simple biz which other ppl r ignoring..
This was gold for me. Wanting to do softwashing/window cleaning. Was happy to see the video. Subscribed. Thanks for this great breakdown!
You've been watching the dude in the hat going door to door huh? 😅
Also remember, you should have for Landscaping - License - Bonded & Insured! Also do an LLC, with your state, free to do up yourself, just a fee to the state! Whatever you decide for a business, make sure you check your State and City in what you need to have for that business.
Great comment. There are too many ignorant people that don’t understand the benefits of an LLC and the required state licensure and insurance. Moreover, they don’t understand the risks of not having those things.
do you need insurance to wash windows? What if something breaks?@@Tastetress
It was so helpful, thank you
Love your content. Full of facts and figures with examples, concise, and no BS filler. Keep it up.
1. CZcams Vids 2.Service Business 3. Consultant Service 4. Productized Service 5. Buy Cash-flowing Businesses 6. SAAS Business
Great advice
I’m so excited I found your channel Codie. I was researching a tips for a salon business we may purchase but I currently have a lawn and landscape business. This content is gold for me!! Thank you! I’d sub again and like 👍🏻 all day if it would let me so you get paid.
Literally the most useful YT video I have ever seen. Thank you!
I love you Codie you really Business Guru !!!
You just put years of learning in one video. I’ve spent years learning this… you are amazing putting this out there for the people just starting. I love it!
Cody, you’re awesome! Thnx for the great and valuable content 🙏🏽
Thanks Codie! You are amazing!
Did she say "Bye felicia"? ha. This channel is more useful than a university. I have graduated from Sanchez University and learned from Prof Codie
The main thing is not only to be able to earn money, but also to spend money correctly and own it!
thank u.. i love the fire you exudes
you inspire me on a level 10. i just moved to a new city and I'm looking forward to implementing this. any tip on making the most of building my network and influence
My three favorite channels: Codie Sanchez, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
Bot
You forgot Alex Hormozi
Love the content and great suggestions! Thanks so much for bringing these ideas.
You are so welcome!
This is amazing. Thank you so much for sharing your knowledge.
I had learnt something very interesting from a successfull businessman in Thailand and he stressed no risk (no failure) in any business eventually of course after working on it for a while to reach this point and then scale cautiously wit no risk. Great video Codie. Love the scale up part which is helpful for any entrepreneur to know the whole possibility before starting.
Investing in real knowledge (for free or little money if possible) with real work / practice will help reducing risk and guide you into the right direction without spending a lot of money.
I am over 60. Can you do interesting and unique videos if possible on passive income beside dividend stocks/etf, digital products etc.?
Codie, you could use e-reviews for the E in the promise method since most reviews are electronic anyways.
Loved this video. I’ve been an entrepreneur since I was 19, having owned several different businesses, including a SaaS company for the past 5 years. These are some great practical pieces of advice. Great job putting this video together and providing such valuable free content.
So many people just brag about their success without giving any practical advice, but you don’t - so thank you!
Pp
Excellent and easy to digest video. Thank you Codie!
Okay. So I’m halfway through the video and I have already decided that I will subscribe.
Good pace, relevant and interesting ad, content swings from simple to educational, realistic and not “guruish,” and did I say great pacing.
Only thing I would clarify is inflation is not simple interest, it is continuously compounded interest. That compounding really adds up fast.
Yes, yes and yes! I was just watching another one of your videos. I was about to comment, asking you to create a video on recession proof businesses. You read my mind…almost. We both know what you’re leaving out 😉. All I’ll say is look throughout history people. Best wishes in all that everyone does. This is still a helpful video for many.
What do you think she left out? Please explain.
Ms. Codie, you are pretty awesome. Thank you for the great content. Happy Holidays!
Thank you. Great video.
This was so straightforward, intelligent, informative and enjoyable to watch. A ton of useable gold nuggets. I’m disappointed in the algorithm for waiting till almost a million subs to send it to me. Codie feels like a personal trainer for business. Not like I’ve seen from any other creator or course seller. Excited to watch more, nice work!
This stuff about percentages, offering sales deals, subscription/loyalty programs, etc. This is very useful. You should make a separate ebook or PPT with this kind of info.. Like something they wont teach you in a business class but you need to know.
Awesome information. I presently own and am running 3 businesses .You are spot on with your information and insight Codie !
Good solid advice I don’t know her yet but I like her way of both reality and way of explaining
Thank you Codie for the video, it is very informative. For my input, you should do what you know. For example, you said that e-commerce may not be desirable, but if it is what you know the most about, then that is what you should do to make money. Knowledge is power, and knowledge is money.
Tom Sisson
Codie, I love your content and the amazing and very useful stuff you put on the internet. Thank you so much! Do you happen to have a European version of all of these? 😅 I really want to do similar things but a lot of the things are very specific to US, so I am having difficulty applying the deal structures and types of businesses, let's say to a German or French market. Do you also do similar things abroad?
What language do you speak?
You are the best ! Thank you for everything you do, so helpful!!
Excellent actionable information, nice work Codie!
From my experience most large commercial businesses wont pay on the spot its typically net30 or less.
Thanks Codie. Used your advice to buy a company and a year later- I can say it was a success. Great value in your videos! Inspirational content!
Cheers!
Which business did you buy? Did you improve the business model or kept it as it is? How did you buy it?
I’m interested as well
Codie’s a great teacher! Ty for making these videos.
Awesome best channel of this kind. Thank you Codie!
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on PbatesLTD and a 15x on polygon are fair considering how much those two coins are interwov
Jokes on you, I can't get laid off if I don't have a job
Love it! Everyone says do not leave your job to start your own. Do you agree? Plz advise I would love to leave mine to get use of the time for establishing my design service biz
Thanks Codie you are the best!
Cody, I love your content. We used it to buy a boring business but I do have a caveat to certain businesses. We bought a reputable, high volume service business a few months ago. Every week I get a call from someone who had an inexperienced person do damage to their house or property because they were winging it with dangerous equipment. We were lucky to buy a business with tenured staff but those who are just starting should be really careful about which boring business they start or purchase.
Right, My research and my personal experience with damages to property or injuries, you need a solid corporation to protect yourself and insurance, very expensive if staring off.
I was just laid off recently. Lucky for me I had started a financial services business selling other companies' products.
Only making 1k/month, but its better than nothing. Using this time with a severance package worth about 12 weeks of income to focus on building my business.
Good idea to start a podcast, I could start one explaining what I did to earn the $1k/month on the side.
I'd love to hear about it! Come back and share when you do the podcast
before you know it you will be sailing through making 4 then 5 then 10k a month. Keep at it!
This is awesome. Thank you for your video, very well explained and very educational. This will help me out a lot❤❤❤❤
Thanks so much for this video! My brain is already full halfway through. I currently run a (mostly online) test prep tutoring business that I'm looking to 10x in the next 18 months, so this advice is extraordinarily helpful.
how do you find students and what channels do you use to market your biz ?
@@kathanmehtaa so far most of my students have come organically, but I am wading into expanding my reach on social.
@@PrepTopia1 good stuff. i am also about to start something similar related to teaching industry
how did you get your first student? was it hard?
any tips for me on how can i get started on finding my first few students?
thanks :)
@@kathanmehtaa what's your niche? I think that's the hardest part, finding your area of expertise and settling on that, instead of taking all comers to build it up. I tutored everyone in everything until I settled down with test prep.
Awesome Channel Codie. Also a new subscriber. I am both pumped and encouraged after watching this.
I just started a 360 Photo Booth business in New Braunfels TX. The information on this video has helped me think outside the box. Thank you for showing us these process. :)
What an Amazing video. You're information is worth more than gold. Straight to the point. Thank you for making this video!
Is the stock market actually getting better or could this be the regular end of year market manipulation to entice new investors? I'm currently sitting on 500k inheritance and just wondering what better assets than stocks to invest in right now
you need a certified financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but i'm comfortable in my financial environment
No doubt, having the right planner is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
that's a double up in two years, mind sharing info of the professional assisting you please? my problem is I do not just trust my guts anymore, times are uncertain now and the market has gone berserk!
Katherine Nance Dietz is the advisor that guides me, just research the name and you’d find necessary details to set up an appointment, she's well qualified and established.
excellent share, just inputted Katherine Nance Dietz on the web, found her consulting page and was able to send a message to her. Ive seen commentaries about advisors, but not one looks this phenomenal, very much appreciate it..
These are very valuable rules for anybody who wants to get rich come 2024. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $189k now to put in the market.
Although stocks are now rather volatile, you should be okay if you perform the proper calculations. There have been stories of people making over $250,000 in a matter of weeks or months, according to Bloomberg and other finance media, so if you know where to look, I believe there are many wealth transfers during this recession.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that’s the most effective way to enter the business at the moment.
@@hasede-lg9hj Could you kindly elaborate on the advisor's background and qualifications?
The advisor that guides me is Vivian Carol Gioia, most likely the internet is where to find her basic info, just search her name. She's established.
@@hasede-lg9hj Thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to her!
Codie, you should look into farming business and operations so folks can get a breakdown of what all is involved. There is a big shift in folks wanting to start their own homestead and a lot will struggle to figure out how to scale
great video... might need to revisit the angles on the camera. @14:51 background long horns positioned quite interestingly at this angle
Thanks Codie. I love your content. Hoping to ACT on it one day.
No time like the present.