Will Cannon

Will Cannon

16-09-2022

13:49

3 types of businesses that you can start with $0 and scale to $100k per month (plus a step-by-step roadmap for each of them): 🧵

1. An Agency Agencies offer services to businesses. Those services usually recur monthly and do some combination of make money, save money, or save time. Common examples of services include SEO, media buying, and social media management.

Agency Roadmap: - Pick an audience - Pick a problem they have - Build an offer that solves it - Do cold outreach to get initial clients - Refine offer based on their feedback - Max out potential as a freelancer - Build systems and hire employees - Scale to 10 clients and beyond

2. A SaaS Tool SaaS stands for “software as a service.” Most of them are B2B tools, meaning they help businesses the same way services do: making money, saving money, and saving time. Others help people in their personal lives. Either way, the offer is usually recurring.

SaaS Roadmap: - Pick an audience - Pick a problem they have - Build an offer that solves it - Hustle to get initial users - Refine offer based on feedback - Invest profits into more traffic - Build systems and hire employees - Scale to hundreds or thousands of users

3. An Educational Business Education can also be zero-cost to start because info products and services don’t cost anything to build or reproduce. These companies usually create content to get traffic, then monetize with some combination of courses, communities, and coaching.

Educational Business Roadmap: - Pick an audience - Create content that helps them - Get followers and subscribers - Pick a problem they have - Build an offer that solves it - Hustle to get customers - Refine offer based on feedback - Build systems and hire (optional) - Scale

These have zero startup costs because the product is free to produce and there are ways to generate revenue without paying for ads. If your budget is low (or even if it’s not), consider one of these business models to reduce risk without sacrificing potential.

That's everything. If you liked this thread: 1. RT the tweet below 2. Follow me @iamwillcannon 3. Try my software tools (links in bio) Thanks for reading 🤝


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