Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

High Margin Business Ideas You Can Start Online

High Margin Business Ideas You Can Start Online

FromNetworking and Marketing Made Simple


High Margin Business Ideas You Can Start Online

FromNetworking and Marketing Made Simple

ratings:
Length:
27 minutes
Released:
Mar 11, 2024
Format:
Podcast episode

Description

Warren Buffett knows a thing or two about making money. His advice? "Focus on businesses with high-profit margins."

This fits with the Feel Good Business Model, which is about building a business that makes money (at a higher profit margin) and makes you happy in the process.

A profit margin= [(Revenue-Cost)/Revenue] x 100. Profit margins between 50-70% are typically considered “good”.

Let's check out some examples of some different business ventures you can start:

1. Product-Based Business
2. Agency Based Business
3. Coaching/Consulting Based Business

These are just a few types of businesses you can start.

It comes down to what business you would enjoy running the most :-)

Our new book, “The Feel Good Business Model,” teaches you how to start a business that gives you fun, time freedom, and flexibility.

If you’d like to learn more, join the waitlist here: https://www.thetimetogrow.com/FeelGoodBusiness
Released:
Mar 11, 2024
Format:
Podcast episode

Titles in the series (100)

This podcast is dedicated to giving entrepreneurs, business coaches, those with high-ticket offerings, and online business owners, quick, easy, and effective tips on how to grow your business, brand, and bank account using LinkedIn. If Facebook, Instagram, and TikTok are getting you engagement, but not sales into your business, it's time to start looking at leveraging the top social media platform for converted sales and organic engagement...LinkedIn!