There's two situations if you're just starting out.
1. You have a unique connection or family business you could hop into. Or you have some unique situation to take advantage of ("What should I do I just inherited 27 rental homes" type of situation). Or you have some insane skill that you can monetize.
2. You have none of those things.
In situation 1, take advantage of it and that is where you should start. I always recommend getting involved in a family business. I have two friends that make mid six figures in their 20's because number 1 they are smart and number 2 they got involved in their family business and did a great job. Not taking anything away from them, they're smart business owners, but if you have something to take advantage of, do it. If you have an actual skill like the ability to build products with a cnc machine, or coding experience, or whatever, use that too.
In situation 2 (which is where I was), where you have nothing other than common sense and a burning desire to be free, I like either high-end sales, home services, or a combination of the two. There's also digital marketing businesses, ecommerce stuff but I am not the expert in those. I like high-end sales (not car sales or selling life insurance lol, but rather enterprise level sales, big ticket stuff) because you can make big big money. My best friend is soon to be an account manager at a huge company that sells telehealth and other stuff to hospitals and the entire VA as well. The top sales guys there make millions each year. He should be in the mid 6 figures in a couple years as a salesman there. He's doing great right now too. We both sold cars before doing what we do now so I'm not saying it's a bad job to start off with for a year.
I also like home services because it's not cutthroat like trying to sell on Amazon, and you can get started with practically no money. And you'll be pretty much guaranteed to make some money if you're not dumb and can handle some elbow grease. You can get a brush and a ladder and make a grand a day cleaning off roofs. Not bad at all. You can get a recurring business going like I have and not really have to work at all and have employees do it.
You can try to build it up like I am trying to, or you can use it to fund other things. When you become a business owner you tend to roll with a different crowd and make new friends. All of my friends are on a different path than the scripted sidewalk/slowlane path. Most of them own a business and are pretty much free. You'll learn from them, see how they do things, and gain a lot of experience just by osmosis. When you grow your own business up a bit and have some actual cash saved up, it will only be the next logical step for you to have another idea, throw a bit of money at it, and have another business going. You may even do some joint ventures. It's good to have friends that are on a higher level. You'll talk about your goals to pull in 275k of profit next year and the buddy with a centurion card will tell you to stop thinking small and be more intelligent. Gotta love that shit lol. Keeps you responsible and on track.
The important thing is to break away and start hustling. It will have 100 other benefits to your life and soul that I can only sorta describe. It will change the way you think and how you see the world and the sooner you break away the better. Even if you just escape the misery of listening to average people talk about their retarded distractions like sports and politics, going out on your own to start a business will pay dividends for you. Trust me.
There's a million different types of businesses and almost all of them are not a great place for you to start. I don't think you'll do very well right now opening up a manufacturing plant to build circuit boards for CNC machines, or opening an oil refinery, or things like that. Those can come later. For now, just get hustling and keep your eyes open for opportunities. You only see them when you think differently than other people. Maybe you start a service business and realize all of the tools you use suck. For example when I was cleaning off a roof, I was annoyed at the brushes I was using and couldn't find one that was effective and made for roofs. I think you could manufacture one that had very firm bristles and was shaped better for use on a roof. Then you use money you saved up to run some ads and make a 3-d mockup and try to get sales to test the market, then you make them and sell them once you've confirmed demand, then you scale up your marketing and now you're making money selling brushes to other roof cleaners. Just an example.
Skys the limit just start walking now.
1. You have a unique connection or family business you could hop into. Or you have some unique situation to take advantage of ("What should I do I just inherited 27 rental homes" type of situation). Or you have some insane skill that you can monetize.
2. You have none of those things.
In situation 1, take advantage of it and that is where you should start. I always recommend getting involved in a family business. I have two friends that make mid six figures in their 20's because number 1 they are smart and number 2 they got involved in their family business and did a great job. Not taking anything away from them, they're smart business owners, but if you have something to take advantage of, do it. If you have an actual skill like the ability to build products with a cnc machine, or coding experience, or whatever, use that too.
In situation 2 (which is where I was), where you have nothing other than common sense and a burning desire to be free, I like either high-end sales, home services, or a combination of the two. There's also digital marketing businesses, ecommerce stuff but I am not the expert in those. I like high-end sales (not car sales or selling life insurance lol, but rather enterprise level sales, big ticket stuff) because you can make big big money. My best friend is soon to be an account manager at a huge company that sells telehealth and other stuff to hospitals and the entire VA as well. The top sales guys there make millions each year. He should be in the mid 6 figures in a couple years as a salesman there. He's doing great right now too. We both sold cars before doing what we do now so I'm not saying it's a bad job to start off with for a year.
I also like home services because it's not cutthroat like trying to sell on Amazon, and you can get started with practically no money. And you'll be pretty much guaranteed to make some money if you're not dumb and can handle some elbow grease. You can get a brush and a ladder and make a grand a day cleaning off roofs. Not bad at all. You can get a recurring business going like I have and not really have to work at all and have employees do it.
You can try to build it up like I am trying to, or you can use it to fund other things. When you become a business owner you tend to roll with a different crowd and make new friends. All of my friends are on a different path than the scripted sidewalk/slowlane path. Most of them own a business and are pretty much free. You'll learn from them, see how they do things, and gain a lot of experience just by osmosis. When you grow your own business up a bit and have some actual cash saved up, it will only be the next logical step for you to have another idea, throw a bit of money at it, and have another business going. You may even do some joint ventures. It's good to have friends that are on a higher level. You'll talk about your goals to pull in 275k of profit next year and the buddy with a centurion card will tell you to stop thinking small and be more intelligent. Gotta love that shit lol. Keeps you responsible and on track.
The important thing is to break away and start hustling. It will have 100 other benefits to your life and soul that I can only sorta describe. It will change the way you think and how you see the world and the sooner you break away the better. Even if you just escape the misery of listening to average people talk about their retarded distractions like sports and politics, going out on your own to start a business will pay dividends for you. Trust me.
There's a million different types of businesses and almost all of them are not a great place for you to start. I don't think you'll do very well right now opening up a manufacturing plant to build circuit boards for CNC machines, or opening an oil refinery, or things like that. Those can come later. For now, just get hustling and keep your eyes open for opportunities. You only see them when you think differently than other people. Maybe you start a service business and realize all of the tools you use suck. For example when I was cleaning off a roof, I was annoyed at the brushes I was using and couldn't find one that was effective and made for roofs. I think you could manufacture one that had very firm bristles and was shaped better for use on a roof. Then you use money you saved up to run some ads and make a 3-d mockup and try to get sales to test the market, then you make them and sell them once you've confirmed demand, then you scale up your marketing and now you're making money selling brushes to other roof cleaners. Just an example.
Skys the limit just start walking now.