We both share our experiences of unusual places where people make money in local businesses, including the ways to start for nearly zero investment (Mike is a master at that and has done it many times).
We go over these 8 business ideas:
💡 The Tree Business.
💡 Snow Shoe Rentals (and rental companies in general).
💡 AirBnB Experiences for promoting local businesses.
💡 Luxury Picnics.
💡 Face Painting (surprising).
💡 Wallpaper installation.
💡 Wall Picture Hanger Person (also TV Mount Installation).
💡 Sauna Rentals
💡 Travel Homeschool Teachers.
My favorite lesson from this interview is: "The money is in being the person delivering the final solution."
(We talk about it around 11:25 ).
Positive Aspects
The blog post title, "Interview: Mike Feldstein - Riffing on Business Ideas," immediately sets the stage for a creative brainstorming session. It's intriguing and promises a deep dive into innovative, low-investment business concepts. The content delivers on this promise by listing a variety of unconventional business ideas, each of which could spark curiosity and inspiration in aspiring entrepreneurs. The use of bullet points makes the ideas easy to digest and explore.
Key Takeaways
- Low-Investment Opportunities: Highlighting business ideas that require minimal starting capital is a great motivator for entrepreneurs with limited resources.
- Diverse Business Concepts: From luxury picnics to travel homeschool teachers, the range of ideas encourages thinking outside the box.
- Final Solution Delivery: Emphasizing the importance of being the person who delivers the final solution underscores a crucial aspect of business success.
- Local Business Promotion: Using platforms like Airbnb Experiences to boost local businesses shows the power of leveraging existing networks.
- Practical Application: The interview provides practical insights into executing these ideas, making them seem not only possible but plausible.
Additional Insights
It's fascinating how Mike Feldstein and the author explore niches that are often overlooked. This reminds me of the saying, "One man's trash is another man's treasure." Often, the most profitable ideas are hiding in plain sight, waiting for someone to recognize their potential. Plus, the focus on delivering the final solution is a golden nugget—echoing the indispensable role of adding unique value to stand out in the market. If you've ever wondered how to start with almost no money, this post is a treasure trove of possibilities!