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I Asked AI What The Best Business To Start Is (Interview With ChatGPT)

Shane Hummus2022-12-24
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2K views|1 years ago
💫 Short Summary

Starting a business in a passion-driven niche is crucial for success, with options like franchising, real estate investing, and online businesses being profitable. Recommended business books include Lean Startup and Millionaire Fastlane. Popular online business ideas include blogging, online courses, e-commerce, dropshipping, and affiliate marketing. Finding a mentor and following top business tips like taking risks and continuous learning are essential. Favorite entrepreneurs mentioned are Elon Musk, Bill Gates, Steve Jobs, Mark Zuckerberg, and Jeff Bezos.

✨ Highlights
📊 Transcript
Starting a business you are passionate about is crucial for success, with options like franchising, real estate investing, and online businesses being profitable.
00:59
Recommended business books include Lean Startup and Millionaire Fastlane.
Starting an online business involves finding a niche, creating a business plan, and building a team.
Popular online business ideas include blogging, online courses, e-commerce, dropshipping, and affiliate marketing.
Platforms like Amazon FBA and Shopify Drop Shipping are recommended for reaching a wide audience, with affiliate marketing highlighted as a lucrative business model.
Business opportunities discussed include YouTube content creation, social media marketing agency, freelancing, day trading pitfalls, cryptocurrency's potential, real estate ventures, online courses, and top online business niches.
03:04
The conversation also covers picks and shovel businesses that provide essential products or services for success in specific fields.
Key highlights for starting a successful business.
05:00
Finding a mentor is crucial and can be done through various means such as personal networks, mentorship programs, or online searches.
Top five business tips include taking risks, continuous learning, positive mindset, focus, and self-belief.
Additional tips for beginners include research, passion-driven niche, business plan, team building, and online marketing.
Mention of favorite entrepreneurs like Elon Musk, Bill Gates, Steve Jobs, Mark Zuckerberg, and Jeff Bezos.