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14. Start a Business from Home 101 · Burning Brightly

• 0:30
  Hey,
• 0:30
  hey,
• 0:30
  hey
• 0:30
  friends.
• 0:31
  We
• 0:31
  have
• 0:32
  a
• 0:32
  really
• 0:32
  fun
• 0:32
  episode
• 0:33
  for
• 0:33
  you
• 0:33
  today,
• 0:33
  and
• 0:33
  I
• 0:33
  cannot
• 0:34
  wait.
• 0:34
  It
• 0:35
  is
• 0:35
  all
• 0:35
  about
• 0:35
  building
• 0:36
  a
• 0:36
  business
• 0:36
  1
• 0:36
  0
• 0:36
  1.
• 0:37
  Basically
• 0:37
  a
• 0:38
  broad
• 0:38
  overview
• 0:39
  of
• 0:39
  anything
• 0:39
  you
• 0:40
  might
• 0:40
  need
• 0:40
  to
• 0:40
  know
• 0:40
  to
• 0:40
  start
• 0:41
  a
• 0:41
  business
• 0:41
  from
• 0:42
  home.
• 0:42
  I
• 0:42
  get
• 0:43
  it
• 0:43
  that
• 0:43
  this
• 0:43
  can
• 0:43
  be
• 0:43
  a
• 0:44
  scary
• 0:44
  step
• 0:44
  and
• 0:45
  you
• 0:45
  don't
• 0:45
  know
• 0:45
  what
• 0:45
  advice
• 0:46
  to
• 0:46
  trust,
• 0:46
  which
• 0:46
  I
• 0:47
  so
• 0:47
  get.
• 0:47
  There
• 0:48
  are
• 0:48
  a
• 0:48
  lot
• 0:48
  of
• 0:48
  scams
• 0:48
  out
• 0:48
  there
• 0:49
  and
• 0:49
  people
• 0:49
  trying
• 0:49
  to
• 0:49
  make
• 0:49
  money
• 0:50
  off
• 0:50
  of
• 0:50
  you.
• 0:50
  So
• 0:51
  I
• 0:51
  actually
• 0:51
  give
• 0:52
  away
• 0:52
  free
• 0:52
  advice
• 0:53
  about
• 0:53
  business
• 0:53
  building.
• 0:54
  Every
• 0:54
  single
• 0:54
  day
• 0:55
  on
• 0:55
  Facebook
• 0:55
  groups
• 0:56
  that
• 0:56
  I'm
• 0:56
  in
• 0:56
  because
• 0:56
  I
• 0:56
  love
• 0:57
  talking
• 0:57
  about
• 0:57
  it,
• 0:57
  and
• 0:58
  I've
• 0:58
  been
• 0:58
  in
• 0:58
  it
• 0:58
  for
• 0:59
  over
• 0:59
  10
• 0:59
  years
• 1:00
  and
• 1:00
  I've
• 1:00
  built
• 1:00
  a
• 1:00
  multitude
• 1:01
  of
• 1:01
  businesses.
• 1:01
  And
• 1:02
  so,
• 1:02
  I
• 1:03
  really,
• 1:03
  really
• 1:03
  love
• 1:04
  sharing
• 1:04
  my
• 1:04
  expertise
• 1:04
  about
• 1:04
  this.
• 1:05
  If
• 1:05
  you
• 1:05
  like
• 1:06
  this
• 1:06
  type
• 1:06
  of
• 1:06
  episode
• 1:07
  and
• 1:07
  you
• 1:07
  want
• 1:07
  more,
• 1:07
  please
• 1:08
  email
• 1:08
  me
• 1:08
  info@bonniewhiscome.com
• 1:10
  and
• 1:10
  let
• 1:10
  me
• 1:10
  know
• 1:10
  that
• 1:11
  you
• 1:11
  like
• 1:11
  this
• 1:11
  type
• 1:11
  of
• 1:11
  episode
• 1:12
  and
• 1:12
  you
• 1:12
  would
• 1:12
  like
• 1:12
  more
• 1:12
  of
• 1:12
  them
• 1:13
  and
• 1:13
  I
• 1:13
  will
• 1:14
  do
• 1:14
  more.
• 1:15
  So
• 1:15
  the
• 1:16
  first
• 1:16
  thing
• 1:16
  to
• 1:16
  know
• 1:16
  is
• 1:17
  there
• 1:17
  really
• 1:17
  are
• 1:17
  two
• 1:18
  main
• 1:18
  types
• 1:19
  of
• 1:19
  businesses
• 1:20
  from
• 1:20
  home.
• 1:21
  There
• 1:21
  are
• 1:21
  product
• 1:21
  based
• 1:22
  businesses
• 1:22
  where
• 1:22
  you
• 1:22
  sell
• 1:22
  products,
• 1:23
  physical
• 1:23
  products,
• 1:24
  and
• 1:24
  there
• 1:24
  are
• 1:25
  content
• 1:25
  based
• 1:26
  businesses
• 1:26
  or
• 1:26
  service
• 1:27
  based.
• 1:27
  Those
• 1:27
  kind
• 1:27
  of
• 1:27
  get
• 1:28
  lumped
• 1:28
  in
• 1:28
  together,
• 1:28
  and
• 1:28
  I'll
• 1:28
  explain
• 1:29
  why
• 1:29
  in
• 1:29
  a
• 1:29
  little
• 1:29
  bit,
• 1:30
  so
• 1:30
  a
• 1:30
  few
• 1:30
  examples
• 1:31
  of
• 1:31
  product-based
• 1:31
  businesses
• 1:32
  are
• 1:32
  MLMs.
• 1:33
  People
• 1:33
  often
• 1:34
  think
• 1:34
  of
• 1:34
  MLMs
• 1:34
  when
• 1:34
  they
• 1:34
  work
• 1:35
  from
• 1:35
  home,
• 1:35
  so
• 1:35
  multi-level
• 1:36
  marketing
• 1:36
  businesses
• 1:36
  where
• 1:37
  you
• 1:37
  sell
• 1:37
  jewelry
• 1:37
  or
• 1:38
  makeup
• 1:38
  or
• 1:38
  clothes,
• 1:39
  but
• 1:39
  you
• 1:39
  are
• 1:39
  getting
• 1:39
  them
• 1:40
  from
• 1:40
  a
• 1:40
  kind
• 1:41
  of
• 1:41
  parent
• 1:41
  company
• 1:41
  and
• 1:42
  you
• 1:42
  are
• 1:42
  under
• 1:42
  other
• 1:43
  representatives,
• 1:44
  you
• 1:44
  can
• 1:44
  build
• 1:45
  an
• 1:45
  e-commerce
• 1:45
  store
• 1:46
  on
• 1:46
  your
• 1:46
  own
• 1:46
  website.
• 1:47
  So,
• 1:47
  create
• 1:48
  a
• 1:48
  boutique
• 1:48
  or
• 1:48
  some,
• 1:49
  some
• 1:49
  sort
• 1:49
  of
• 1:49
  product
• 1:50
  based
• 1:50
  business
• 1:51
  on
• 1:51
  your
• 1:51
  own
• 1:51
  website.
• 1:51
  Or
• 1:52
  you
• 1:52
  can
• 1:52
  sell
• 1:52
  products
• 1:53
  on
• 1:53
  a
• 1:53
  third
• 1:54
  party
• 1:54
  website
• 1:55
  where
• 1:55
  another
• 1:55
  company
• 1:56
  takes
• 1:56
  care
• 1:56
  of
• 1:57
  bringing
• 1:57
  the
• 1:57
  traffic
• 1:58
  in
• 1:58
  and
• 1:58
  you
• 1:58
  just
• 1:58
  kind
• 1:58
  of
• 1:58
  set
• 1:59
  up
• 1:59
  a
• 1:59
  virtual
• 1:59
  shop
• 1:59
  on
• 2:00
  their
• 2:00
  website
• 2:00
  and
• 2:00
  sell
• 2:00
  your
• 2:00
  products
• 2:01
  there.
• 2:02
  So
• 2:02
  a
• 2:02
  few
• 2:02
  examples
• 2:03
  of
• 2:03
  content
• 2:04
  or
• 2:04
  service-based
• 2:04
  businesses
• 2:05
  are
• 2:05
  coaching,
• 2:06
  selling
• 2:07
  digital
• 2:07
  courses,
• 2:08
  being
• 2:08
  a
• 2:08
  blogger
• 2:09
  or
• 2:09
  a
• 2:09
  podcaster,
• 2:10
  as
• 2:10
  well
• 2:10
  as
• 2:11
  designers
• 2:12
  or
• 2:12
  financial
• 2:12
  experts,
• 2:13
  technology
• 2:14
  experts,
• 2:15
  et
• 2:15
  cetera,
• 2:16
  like
• 2:16
  the
• 2:16
  sky
• 2:16
  is
• 2:16
  the
• 2:16
  limit.
• 2:18
  There
• 2:18
  is
• 2:18
  also,
• 2:19
  I
• 2:19
  wanna
• 2:19
  mention
• 2:19
  here,
• 2:19
  a
• 2:20
  subset
• 2:20
  of
• 2:21
  service-based
• 2:22
  businesses
• 2:22
  like
• 2:22
  massage
• 2:23
  therapists
• 2:23
  or
• 2:23
  nail
• 2:24
  or
• 2:24
  hairstylists
• 2:25
  that
• 2:26
  require
• 2:26
  people
• 2:26
  to
• 2:27
  come
• 2:27
  to
• 2:27
  them
• 2:27
  or
• 2:27
  they
• 2:28
  go
• 2:28
  to
• 2:28
  other
• 2:28
  people.
• 2:28
  But
• 2:28
  we're
• 2:28
  not
• 2:29
  gonna
• 2:29
  focus
• 2:29
  on
• 2:30
  those
• 2:30
  today
• 2:30
  because
• 2:30
  they
• 2:31
  do
• 2:31
  require
• 2:31
  an
• 2:31
  amount
• 2:32
  of
• 2:32
  foot
• 2:32
  traffic
• 2:32
  either
• 2:32
  for
• 2:32
  you
• 2:33
  or
• 2:33
  for
• 2:33
  the
• 2:33
  client.
• 2:33
  Instead,
• 2:34
  we're
• 2:34
  gonna
• 2:34
  focus
• 2:35
  largely
• 2:35
  on
• 2:35
  those
• 2:35
  that
• 2:35
  are
• 2:36
  internet-based
• 2:36
  and
• 2:37
  do
• 2:37
  not
• 2:37
  require
• 2:37
  people
• 2:38
  to
• 2:38
  come
• 2:38
  to
• 2:38
  you.
• 2:38
  So
• 2:39
  I
• 2:39
  personally
• 2:39
  have
• 2:39
  experience
• 2:40
  with
• 2:40
  both
• 2:40
  product-based
• 2:41
  and
• 2:41
  content-based
• 2:43
  businesses.
• 2:43
  Like
• 2:44
  I
• 2:44
  said,
• 2:44
  I
• 2:44
  have
• 2:44
  been
• 2:44
  in
• 2:44
  business
• 2:45
  for
• 2:45
  myself
• 2:45
  for
• 2:45
  over
• 2:46
  10
• 2:46
  years,
• 2:46
  and
• 2:47
  I
• 2:47
  have
• 2:47
  made
• 2:47
  money
• 2:48
  selling
• 2:48
  products
• 2:48
  on
• 2:48
  my
• 2:48
  own
• 2:49
  site,
• 2:49
  on
• 2:49
  Amazon,
• 2:50
  on
• 2:50
  Etsy,
• 2:51
  as
• 2:51
  well
• 2:52
  as
• 2:52
  being
• 2:52
  a
• 2:53
  blogger,
• 2:53
  a
• 2:53
  social
• 2:54
  media
• 2:54
  influencer,
• 2:55
  a
• 2:55
  course
• 2:55
  creator
• 2:56
  and
• 2:56
  a
• 2:56
  coach.
• 2:57
  So
• 2:57
  have.
• 2:58
  My
• 2:58
  finger's
• 2:58
  in
• 2:58
  a
• 2:58
  lot
• 2:59
  of
• 2:59
  pies.
• 2:59
  I've
• 2:59
  tried
• 3:00
  a
• 3:00
  lot
• 3:00
  of
• 3:00
  different
• 3:00
  things
• 3:01
  and
• 3:01
  so
• 3:01
  I
• 3:02
  have
• 3:02
  a
• 3:02
  lot
• 3:02
  of
• 3:03
  advice
• 3:03
  to
• 3:04
  give
• 3:04
  you
• 3:04
  and
• 3:04
  I'm
• 3:05
  always
• 3:05
  happy
• 3:05
  to
• 3:05
  answer
• 3:06
  questions
• 3:06
  as
• 3:06
  well.
• 3:07
  I
• 3:07
  started,
• 3:07
  uh,
• 3:08
  chatting
• 3:08
  about
• 3:08
  selling
• 3:09
  on
• 3:09
  Amazon
• 3:09
  on
• 3:09
  a
• 3:09
  Facebook
• 3:10
  group
• 3:10
  the
• 3:10
  other
• 3:10
  day
• 3:10
  and
• 3:10
  got
• 3:10
  so
• 3:11
  many
• 3:11
  people
• 3:11
  messaging
• 3:11
  me.
• 3:11
  I
• 3:12
  was
• 3:12
  like,
• 3:12
  well,
• 3:12
  maybe
• 3:12
  I
• 3:12
  just
• 3:12
  need
• 3:13
  a
• 3:13
  podcast
• 3:13
  episode
• 3:14
  to
• 3:14
  send
• 3:14
  them
• 3:14
  to,
• 3:15
  to
• 3:15
  explain
• 3:15
  all
• 3:15
  that.
• 3:15
  So
• 3:15
  maybe
• 3:15
  I'll
• 3:15
  do
• 3:16
  a
• 3:16
  separate
• 3:16
  one
• 3:16
  all
• 3:16
  about
• 3:16
  selling
• 3:17
  on
• 3:17
  Amazon.
• 3:17
  But
• 3:18
  there
• 3:18
  are
• 3:18
  so
• 3:18
  many
• 3:19
  ways,
• 3:19
  an
• 3:19
  infinite
• 3:20
  number
• 3:20
  of
• 3:20
  ways
• 3:20
  to
• 3:21
  make
• 3:21
  money
• 3:21
  from
• 3:21
  home.
• 3:21
  Yes,
• 3:22
  for
• 3:22
  real,
• 3:23
  real
• 3:23
  legitimate
• 3:23
  ways
• 3:24
  that
• 3:24
  won't
• 3:24
  get
• 3:24
  you
• 3:24
  into
• 3:24
  trouble
• 3:25
  are,
• 3:25
  are
• 3:25
  not
• 3:25
  a
• 3:25
  scam,
• 3:26
  and
• 3:27
  many
• 3:27
  of
• 3:27
  them
• 3:27
  make.
• 3:28
  Lots
• 3:28
  and
• 3:29
  lots
• 3:29
  of
• 3:29
  money,
• 3:30
  like
• 3:31
  plenty
• 3:32
  enough
• 3:32
  to
• 3:32
  support
• 3:32
  your
• 3:32
  family
• 3:33
  and
• 3:33
  then
• 3:33
  some.
• 3:34
  It's,
• 3:34
  it's
• 3:34
  an
• 3:34
  amazing
• 3:35
  world
• 3:35
  we
• 3:35
  live
• 3:36
  in.
• 3:36
  However,
• 3:36
  like
• 3:37
  I
• 3:37
  said,
• 3:37
  it
• 3:37
  can
• 3:37
  be
• 3:37
  very
• 3:38
  difficult
• 3:38
  to
• 3:38
  find
• 3:38
  good,
• 3:39
  clear
• 3:39
  information
• 3:40
  from
• 3:40
  someone
• 3:40
  who's
• 3:41
  not
• 3:41
  just
• 3:41
  trying
• 3:41
  to
• 3:41
  make
• 3:41
  more
• 3:41
  money
• 3:42
  off
• 3:42
  you.
• 3:42
  If
• 3:42
  you
• 3:42
  are
• 3:43
  in
• 3:43
  a
• 3:43
  position
• 3:43
  to
• 3:43
  start
• 3:43
  a
• 3:43
  business
• 3:44
  on
• 3:44
  your
• 3:44
  own,
• 3:45
  once
• 3:45
  I
• 3:45
  explain
• 3:46
  some
• 3:46
  of
• 3:46
  these
• 3:46
  to
• 3:46
  you,
• 3:46
  hopefully
• 3:47
  you
• 3:47
  will
• 3:48
  have
• 3:48
  a
• 3:48
  better
• 3:48
  grasp
• 3:49
  on
• 3:49
  what
• 3:49
  is
• 3:49
  right
• 3:50
  for
• 3:50
  you.
• 3:50
  Because
• 3:51
  only
• 3:51
  you
• 3:51
  know
• 3:51
  what's
• 3:51
  best
• 3:52
  for
• 3:52
  your
• 3:52
  time,
• 3:52
  your
• 3:52
  expertise,
• 3:53
  and
• 3:54
  how
• 3:54
  much
• 3:54
  time
• 3:54
  and
• 3:54
  money
• 3:54
  you
• 3:55
  have
• 3:55
  to
• 3:55
  put
• 3:56
  into
• 3:56
  the
• 3:56
  business,
• 3:56
  everyone's
• 3:57
  family
• 3:57
  lives,
• 3:58
  and,
• 3:58
  uh,
• 3:58
  investment
• 3:58
  opportunities
• 3:59
  are
• 3:59
  different.
• 4:00
  So
• 4:00
  this
• 4:00
  is
• 4:00
  just
• 4:00
  an
• 4:00
  overview
• 4:01
  to
• 4:01
  help
• 4:01
  you
• 4:01
  pick
• 4:02
  one
• 4:02
  that
• 4:02
  might
• 4:02
  be
• 4:03
  worth
• 4:03
  looking
• 4:03
  into
• 4:03
  for
• 4:03
  yourself.
• 4:05
  All
• 4:05
  right,
• 4:05
  so
• 4:05
  let's
• 4:05
  start
• 4:06
  with
• 4:06
  product
• 4:06
  based
• 4:06
  businesses,
• 4:07
  because
• 4:07
  very
• 4:07
  often
• 4:08
  when
• 4:08
  someone
• 4:09
  thinks
• 4:09
  I
• 4:09
  wanna
• 4:09
  start
• 4:09
  a
• 4:09
  business,
• 4:09
  they
• 4:10
  think
• 4:10
  about
• 4:10
  products,
• 4:11
  I
• 4:11
  mean,
• 4:11
  it's
• 4:12
  no
• 4:12
  wonder
• 4:12
  why,
• 4:13
  right?
• 4:13
  All
• 4:13
  of
• 4:13
  us
• 4:13
  buy
• 4:13
  products
• 4:14
  almost
• 4:14
  every
• 4:14
  single
• 4:15
  day.
• 4:15
  Physical
• 4:15
  products,
• 4:15
  and
• 4:16
  these
• 4:16
  are
• 4:16
  easy
• 4:17
  to
• 4:17
  market
• 4:17
  because
• 4:17
  everybody
• 4:18
  needs
• 4:18
  products.
• 4:18
  Everybody
• 4:19
  needs
• 4:19
  hair
• 4:20
  gel,
• 4:20
  and
• 4:20
  everybody
• 4:20
  needs
• 4:21
  clothes
• 4:22
  and
• 4:22
  shoes
• 4:22
  and
• 4:23
  makeup
• 4:23
  and
• 4:23
  all
• 4:23
  the
• 4:24
  things.
• 4:24
  And
• 4:24
  everyone
• 4:25
  understands
• 4:25
  what
• 4:25
  a
• 4:26
  physical
• 4:26
  product
• 4:26
  is
• 4:27
  and
• 4:27
  how
• 4:27
  to
• 4:27
  buy
• 4:27
  one.
• 4:28
  And
• 4:28
  almost
• 4:29
  everyone
• 4:29
  knows
• 4:29
  how
• 4:29
  to
• 4:29
  buy
• 4:29
  one
• 4:29
  online,
• 4:30
  which
• 4:30
  is
• 4:30
  such
• 4:30
  a
• 4:30
  beautiful
• 4:31
  world
• 4:31
  that
• 4:31
  we
• 4:31
  live
• 4:31
  in.
• 4:32
  A
• 4:32
  few
• 4:33
  more
• 4:33
  pros
• 4:34
  for
• 4:34
  selling
• 4:35
  products
• 4:35
  from
• 4:35
  home
• 4:36
  include
• 4:36
  being
• 4:36
  able
• 4:37
  to
• 4:37
  do
• 4:37
  it
• 4:37
  all
• 4:37
  from
• 4:37
  home.
• 4:38
  You
• 4:38
  don't
• 4:38
  need
• 4:38
  an
• 4:38
  office
• 4:38
  or
• 4:39
  a
• 4:39
  warehouse
• 4:39
  or
• 4:39
  anything,
• 4:40
  although
• 4:40
  I'll
• 4:40
  get
• 4:40
  to
• 4:41
  the
• 4:41
  complications
• 4:41
  of
• 4:41
  that
• 4:42
  in
• 4:42
  a
• 4:42
  minute.
• 4:42
  You
• 4:43
  can
• 4:43
  create
• 4:44
  or
• 4:44
  just
• 4:44
  curate,
• 4:45
  so
• 4:45
  collect,
• 4:46
  a
• 4:46
  large
• 4:46
  assortment
• 4:46
  of
• 4:47
  products
• 4:47
  to
• 4:47
  sell
• 4:48
  and
• 4:48
  they
• 4:48
  can
• 4:48
  be
• 4:48
  amazing
• 4:49
  things
• 4:49
  that
• 4:49
  you
• 4:49
  feel
• 4:49
  really,
• 4:50
  really
• 4:50
  passionately
• 4:51
  about.
• 4:51
  You
• 4:51
  can
• 4:52
  see
• 4:52
  a
• 4:52
  hole
• 4:52
  in
• 4:52
  the
• 4:52
  market
• 4:53
  and
• 4:53
  go
• 4:53
  fill
• 4:54
  it
• 4:54
  with
• 4:54
  a
• 4:54
  unique
• 4:54
  product
• 4:54
  that
• 4:54
  you
• 4:55
  design,
• 4:55
  or
• 4:56
  you
• 4:56
  can
• 4:56
  find
• 4:57
  a
• 4:57
  very
• 4:57
  specific
• 4:58
  type
• 4:58
  of
• 4:58
  customer
• 4:59
  you
• 4:59
  wanna
• 4:59
  serve
• 5:00
  and
• 5:00
  go
• 5:00
  find
• 5:01
  wholesale
• 5:02
  products
• 5:02
  that
• 5:02
  would
• 5:02
  serve
• 5:03
  that
• 5:03
  person
• 5:03
  perfectly
• 5:04
  in
• 5:04
  that
• 5:04
  particular
• 5:05
  niche.
• 5:05
  There's
• 5:05
  just
• 5:05
  a
• 5:05
  million
• 5:06
  different
• 5:06
  ways
• 5:06
  to
• 5:06
  do
• 5:06
  it,
• 5:07
  but
• 5:07
  there
• 5:07
  are
• 5:07
  three
• 5:08
  main
• 5:08
  ways
• 5:09
  to
• 5:09
  get
• 5:09
  the
• 5:10
  products
• 5:10
  that
• 5:10
  you
• 5:10
  might
• 5:10
  wanna
• 5:10
  sell.
• 5:11
  One
• 5:11
  is
• 5:11
  making
• 5:12
  them
• 5:12
  homemade,
• 5:13
  very
• 5:13
  often,
• 5:13
  it's
• 5:13
  where
• 5:14
  most
• 5:14
  of
• 5:14
  us
• 5:14
  entrepreneurs
• 5:15
  start.
• 5:15
  We
• 5:15
  start
• 5:15
  with
• 5:15
  a
• 5:15
  lemonade
• 5:16
  stand
• 5:16
  or
• 5:16
  something.
• 5:16
  We've
• 5:16
  made
• 5:17
  ourselves,
• 5:17
  maybe
• 5:17
  we
• 5:17
  sell
• 5:18
  some
• 5:18
  friendship
• 5:19
  bracelets
• 5:19
  in
• 5:19
  the
• 5:19
  fourth
• 5:20
  grade,
• 5:20
  so
• 5:21
  we
• 5:21
  create
• 5:21
  something
• 5:21
  from
• 5:22
  scratch
• 5:23
  with
• 5:23
  our
• 5:23
  hands.
• 5:24
  We
• 5:24
  can
• 5:24
  sell
• 5:24
  that
• 5:25
  or
• 5:26
  you
• 5:26
  can
• 5:26
  manufacture
• 5:27
  things.
• 5:28
  So
• 5:28
  you
• 5:28
  can
• 5:28
  actually
• 5:28
  create
• 5:29
  a
• 5:29
  design,
• 5:29
  go
• 5:29
  to
• 5:29
  a
• 5:29
  manufacturer
• 5:30
  and
• 5:30
  ask
• 5:31
  them
• 5:31
  to.
• 5:32
  Make
• 5:32
  that
• 5:32
  design
• 5:33
  for
• 5:33
  you,
• 5:34
  or
• 5:34
  you
• 5:34
  can
• 5:34
  purchase
• 5:35
  a
• 5:35
  product
• 5:35
  wholesale
• 5:36
  and
• 5:36
  then
• 5:36
  resale
• 5:36
  it.
• 5:36
  So
• 5:37
  what
• 5:37
  that
• 5:37
  looks
• 5:37
  like
• 5:37
  is
• 5:37
  a
• 5:37
  manufacturer
• 5:38
  creates
• 5:38
  the
• 5:39
  products
• 5:39
  but
• 5:39
  doesn't
• 5:40
  have
• 5:40
  a
• 5:40
  way
• 5:40
  to
• 5:40
  sell
• 5:40
  it
• 5:41
  to
• 5:41
  the
• 5:41
  public.
• 5:41
  The
• 5:42
  manufacturer
• 5:42
  and
• 5:42
  the
• 5:42
  retailer
• 5:43
  connect
• 5:43
  in
• 5:43
  some
• 5:43
  way,
• 5:44
  and
• 5:44
  then
• 5:44
  the
• 5:44
  retailer
• 5:44
  says,
• 5:44
  yes,
• 5:45
  I
• 5:45
  wanna
• 5:45
  buy
• 5:45
  your
• 5:45
  products
• 5:45
  at.
• 5:46
  A
• 5:46
  very
• 5:46
  low
• 5:47
  price,
• 5:47
  and
• 5:47
  then
• 5:47
  I
• 5:47
  will
• 5:48
  resell
• 5:48
  them
• 5:48
  to
• 5:48
  the
• 5:48
  general
• 5:49
  public.
• 5:49
  So
• 5:49
  the
• 5:50
  manufacturer
• 5:50
  gets
• 5:50
  the
• 5:50
  bonus
• 5:51
  of
• 5:51
  being
• 5:51
  able
• 5:51
  to
• 5:52
  sell
• 5:52
  these
• 5:52
  products
• 5:52
  in
• 5:52
  mass
• 5:53
  quantities,
• 5:53
  sometimes
• 5:53
  hundreds
• 5:54
  and
• 5:54
  thousands
• 5:54
  at
• 5:54
  a
• 5:54
  time,
• 5:55
  and
• 5:55
  the
• 5:55
  retailer
• 5:56
  gets
• 5:56
  the
• 5:56
  benefit
• 5:56
  of
• 5:56
  marking
• 5:57
  them
• 5:57
  up
• 5:57
  and
• 5:58
  getting
• 5:58
  them
• 5:58
  directly
• 5:58
  into
• 5:59
  the
• 5:59
  customer's
• 5:59
  hands.
• 6:00
  So
• 6:01
  there
• 6:01
  are
• 6:01
  pros
• 6:01
  and
• 6:01
  cons
• 6:01
  to
• 6:01
  every
• 6:02
  single
• 6:02
  one
• 6:02
  of
• 6:02
  them.
• 6:02
  I'll
• 6:02
  run
• 6:03
  through
• 6:03
  them
• 6:03
  just
• 6:03
  really
• 6:03
  quickly.
• 6:04
  Homemade
• 6:05
  products
• 6:05
  obviously
• 6:06
  are
• 6:06
  very
• 6:06
  fun
• 6:06
  and
• 6:07
  exciting,
• 6:07
  and
• 6:07
  it
• 6:07
  can
• 6:07
  be
• 6:07
  really
• 6:08
  therapeutic
• 6:08
  to
• 6:08
  make
• 6:08
  something
• 6:09
  with
• 6:09
  your
• 6:09
  hands,
• 6:10
  but
• 6:11
  it
• 6:11
  requires
• 6:11
  lots
• 6:12
  and
• 6:12
  lots
• 6:12
  of
• 6:12
  man
• 6:12
  hours
• 6:13
  and
• 6:13
  probably
• 6:14
  will
• 6:14
  end
• 6:14
  up
• 6:15
  with
• 6:15
  some
• 6:15
  carpal
• 6:15
  tunnel
• 6:16
  or
• 6:16
  some
• 6:16
  arthritis,
• 6:17
  right?
• 6:17
  You
• 6:17
  can't
• 6:18
  do
• 6:18
  that
• 6:18
  forever
• 6:19
  unless
• 6:19
  you
• 6:19
  do
• 6:19
  a
• 6:20
  very,
• 6:20
  very
• 6:20
  slow
• 6:20
  pace.
• 6:21
  And
• 6:21
  if
• 6:21
  you
• 6:21
  want
• 6:22
  it
• 6:22
  to
• 6:22
  be
• 6:22
  worth
• 6:22
  your
• 6:22
  time,
• 6:22
  you're
• 6:22
  gonna
• 6:23
  have
• 6:23
  to
• 6:23
  charge
• 6:23
  a
• 6:23
  very
• 6:24
  premium
• 6:24
  price
• 6:25
  in
• 6:25
  order
• 6:25
  for.
• 6:25
  Your
• 6:26
  time
• 6:26
  to
• 6:26
  be
• 6:26
  worth
• 6:26
  that.
• 6:27
  Manufacturing
• 6:28
  your
• 6:28
  own
• 6:28
  product
• 6:29
  is
• 6:29
  also
• 6:29
  a
• 6:29
  dream
• 6:30
  come
• 6:30
  true.
• 6:30
  So
• 6:30
  many
• 6:30
  of
• 6:31
  us
• 6:31
  think,
• 6:31
  oh
• 6:31
  my
• 6:31
  gosh,
• 6:31
  I
• 6:32
  have
• 6:32
  an
• 6:32
  idea
• 6:32
  for
• 6:33
  X,
• 6:33
  Y,
• 6:33
  Z.
• 6:33
  If
• 6:33
  only
• 6:34
  I
• 6:34
  could
• 6:34
  get
• 6:34
  it
• 6:34
  made
• 6:35
  and
• 6:35
  sell
• 6:35
  it,
• 6:35
  it
• 6:35
  would
• 6:36
  make
• 6:36
  a
• 6:36
  million
• 6:36
  dollars,
• 6:36
  and
• 6:37
  it
• 6:37
  is
• 6:37
  much
• 6:37
  easier
• 6:37
  than
• 6:37
  homemade.
• 6:38
  Admittedly,
• 6:39
  a
• 6:39
  manufacturer's
• 6:39
  doing
• 6:39
  all
• 6:39
  the
• 6:39
  work,
• 6:40
  you're
• 6:40
  not
• 6:40
  doing
• 6:40
  it.
• 6:40
  However,
• 6:41
  as
• 6:41
  you
• 6:41
  can
• 6:41
  imagine,
• 6:42
  it
• 6:42
  requires
• 6:42
  a
• 6:43
  large
• 6:43
  financial
• 6:44
  investment
• 6:44
  upfront,
• 6:45
  usually.
• 6:46
  Thousands
• 6:47
  of
• 6:47
  dollars,
• 6:47
  sometimes
• 6:48
  tens
• 6:48
  of
• 6:48
  thousands
• 6:48
  of
• 6:48
  dollars
• 6:49
  to
• 6:49
  get
• 6:49
  a
• 6:49
  manufacturer
• 6:50
  to
• 6:50
  be
• 6:50
  willing.
• 6:51
  To
• 6:51
  create
• 6:52
  this
• 6:52
  product
• 6:52
  from
• 6:52
  scratch
• 6:53
  that's
• 6:53
  never
• 6:53
  been
• 6:53
  made
• 6:53
  before.
• 6:54
  Wholesale
• 6:56
  tends
• 6:56
  to
• 6:56
  be
• 6:56
  a
• 6:56
  good
• 6:56
  place
• 6:57
  to
• 6:57
  meet.
• 6:57
  In
• 6:57
  the
• 6:57
  middle.
• 6:57
  You're
• 6:57
  not
• 6:57
  making
• 6:58
  the
• 6:58
  products,
• 6:59
  but
• 6:59
  you're
• 6:59
  also
• 6:59
  not
• 7:00
  needing
• 7:00
  to
• 7:00
  invest
• 7:01
  so
• 7:01
  much
• 7:01
  money
• 7:01
  to
• 7:01
  do
• 7:01
  the
• 7:01
  prototype
• 7:02
  and
• 7:02
  the
• 7:02
  sample
• 7:02
  and
• 7:02
  get
• 7:03
  a
• 7:03
  manufacturer
• 7:03
  to,
• 7:03
  to
• 7:03
  create
• 7:04
  something
• 7:04
  brand
• 7:04
  new.
• 7:05
  What
• 7:05
  you
• 7:05
  do
• 7:05
  is
• 7:05
  you
• 7:06
  go
• 7:06
  take
• 7:06
  the
• 7:06
  products
• 7:06
  that
• 7:06
  they've
• 7:07
  already
• 7:07
  developed
• 7:08
  so
• 7:08
  you
• 7:08
  know,
• 7:08
  fewer
• 7:09
  man
• 7:09
  hours
• 7:09
  and
• 7:09
  a
• 7:09
  smaller
• 7:10
  investment,
• 7:11
  and
• 7:11
  then
• 7:11
  sell
• 7:11
  them.
• 7:12
  But
• 7:12
  of
• 7:12
  course,
• 7:12
  you're
• 7:12
  limited
• 7:13
  to
• 7:13
  what's
• 7:13
  already
• 7:13
  out
• 7:13
  there.
• 7:14
  Now
• 7:14
  there
• 7:14
  is
• 7:15
  a
• 7:15
  way
• 7:15
  to
• 7:15
  bridge
• 7:15
  the
• 7:15
  gap
• 7:16
  between
• 7:16
  wholesale
• 7:17
  and
• 7:17
  a
• 7:17
  from
• 7:18
  scratch
• 7:18
  product
• 7:18
  that
• 7:18
  a
• 7:18
  manufacturer
• 7:19
  creates.
• 7:20
  You
• 7:20
  could
• 7:20
  go
• 7:20
  to
• 7:20
  manufacturer
• 7:21
  and
• 7:21
  say,
• 7:21
  Hey,
• 7:21
  I
• 7:21
  see
• 7:22
  that
• 7:22
  you're
• 7:22
  making
• 7:22
  all
• 7:22
  these
• 7:22
  skirts.
• 7:23
  I
• 7:23
  would
• 7:23
  like
• 7:23
  them
• 7:23
  just
• 7:23
  a
• 7:24
  little
• 7:24
  bit
• 7:24
  different.
• 7:25
  Could
• 7:25
  I
• 7:25
  pay
• 7:25
  you
• 7:26
  to
• 7:26
  make
• 7:27
  it
• 7:27
  a
• 7:27
  little
• 7:27
  longer?
• 7:27
  Make
• 7:27
  it
• 7:28
  a
• 7:28
  little
• 7:28
  shorter,
• 7:28
  add
• 7:28
  some
• 7:29
  buttons,
• 7:29
  whatever.
• 7:29
  You
• 7:29
  can
• 7:29
  customize
• 7:30
  the
• 7:30
  design
• 7:30
  they
• 7:30
  already
• 7:31
  have.
• 7:31
  This
• 7:31
  happens
• 7:32
  in
• 7:32
  clothing
• 7:32
  all
• 7:32
  the
• 7:32
  time,
• 7:33
  and
• 7:33
  then
• 7:34
  they
• 7:34
  can.
• 7:35
  Sell
• 7:36
  you
• 7:36
  what
• 7:36
  you've
• 7:36
  created,
• 7:37
  but
• 7:37
  probably
• 7:38
  in
• 7:38
  smaller
• 7:38
  amounts
• 7:39
  and
• 7:39
  less
• 7:39
  of
• 7:40
  a
• 7:40
  financial
• 7:40
  investment
• 7:40
  because
• 7:41
  they
• 7:41
  were
• 7:41
  already
• 7:41
  creating
• 7:42
  the,
• 7:42
  the
• 7:42
  skirts.
• 7:42
  You
• 7:43
  don't
• 7:43
  have
• 7:43
  to
• 7:43
  create
• 7:43
  them
• 7:43
  from
• 7:43
  scratch,
• 7:44
  if
• 7:44
  that
• 7:44
  makes
• 7:44
  sense.
• 7:45
  But,
• 7:45
  you
• 7:45
  are
• 7:45
  largely
• 7:46
  limited
• 7:46
  to
• 7:46
  what
• 7:46
  you
• 7:46
  can
• 7:47
  already
• 7:47
  find
• 7:47
  out
• 7:47
  there.
• 7:47
  So
• 7:48
  those
• 7:48
  are
• 7:48
  the
• 7:48
  basic
• 7:48
  options
• 7:49
  for
• 7:49
  getting
• 7:49
  a
• 7:49
  product
• 7:49
  in
• 7:50
  your
• 7:50
  hand
• 7:50
  that
• 7:50
  you
• 7:50
  can
• 7:50
  sell
• 7:50
  so
• 7:51
  homemade
• 7:52
  designed
• 7:52
  by
• 7:52
  you
• 7:52
  and
• 7:52
  manufactured
• 7:53
  by
• 7:53
  someone
• 7:53
  else
• 7:54
  or
• 7:54
  wholesale,
• 7:55
  so
• 7:55
  already
• 7:55
  manufactured
• 7:56
  and
• 7:56
  you
• 7:56
  just
• 7:56
  resell
• 7:56
  them.
• 7:57
  Now,
• 7:57
  I
• 7:57
  will
• 7:57
  say
• 7:57
  from
• 7:58
  experience
• 7:58
  that
• 7:58
  seeing
• 7:59
  a
• 7:59
  person
• 7:59
  enjoy
• 7:59
  a
• 8:00
  product
• 8:00
  that
• 8:00
  you
• 8:00
  have
• 8:01
  found,
• 8:01
  you've
• 8:01
  gone
• 8:01
  out
• 8:01
  and
• 8:02
  curated,
• 8:02
  or
• 8:02
  that
• 8:02
  you've
• 8:03
  designed
• 8:03
  and
• 8:03
  then
• 8:03
  manufactured
• 8:04
  or
• 8:05
  even
• 8:05
  created
• 8:05
  with
• 8:05
  your
• 8:05
  own
• 8:05
  hands
• 8:06
  is
• 8:06
  such
• 8:07
  a
• 8:07
  thrill.
• 8:07
  It's
• 8:08
  an
• 8:08
  amazing
• 8:08
  experience
• 8:09
  to
• 8:09
  say,
• 8:09
  oh
• 8:10
  my
• 8:10
  gosh,
• 8:10
  I
• 8:10
  designed
• 8:10
  that,
• 8:10
  or,
• 8:11
  oh
• 8:11
  my
• 8:11
  gosh,
• 8:11
  I
• 8:11
  made
• 8:11
  that
• 8:12
  and
• 8:12
  look
• 8:12
  at
• 8:12
  all
• 8:12
  these
• 8:12
  people
• 8:12
  love
• 8:12
  it.
• 8:13
  It's
• 8:13
  so
• 8:13
  beautiful.
• 8:14
  Total
• 8:14
  drink
• 8:14
  come
• 8:15
  true.
• 8:15
  But
• 8:15
  of
• 8:16
  course
• 8:16
  there
• 8:16
  are
• 8:16
  downsides.
• 8:16
  Like
• 8:17
  I
• 8:17
  mentioned
• 8:17
  a
• 8:17
  couple
• 8:17
  already.
• 8:18
  Funding
• 8:18
  your
• 8:18
  inventory
• 8:19
  is
• 8:19
  probably
• 8:19
  the
• 8:19
  number
• 8:20
  one.
• 8:20
  So
• 8:20
  even
• 8:20
  if
• 8:20
  you're
• 8:21
  making
• 8:21
  things
• 8:21
  from
• 8:21
  hand,
• 8:21
  you're
• 8:21
  gonna
• 8:22
  have
• 8:22
  to
• 8:22
  buy
• 8:22
  fabric
• 8:23
  or
• 8:23
  supplies
• 8:23
  or
• 8:24
  beads
• 8:24
  or
• 8:24
  whatever
• 8:25
  it
• 8:25
  is
• 8:25
  you're
• 8:25
  making.
• 8:26
  And
• 8:26
  sometimes
• 8:26
  that
• 8:27
  can
• 8:27
  get
• 8:27
  pricey
• 8:28
  If
• 8:28
  you're
• 8:28
  building
• 8:28
  up
• 8:28
  a
• 8:28
  wholesale
• 8:29
  inventory,
• 8:29
  again,
• 8:30
  a
• 8:30
  little
• 8:30
  bit
• 8:30
  more
• 8:30
  money
• 8:31
  the
• 8:31
  most
• 8:31
  money
• 8:31
  is
• 8:31
  required.
• 8:32
  When
• 8:32
  you
• 8:33
  manufacture
• 8:33
  your
• 8:33
  own
• 8:33
  unique
• 8:34
  product,
• 8:35
  you
• 8:35
  will
• 8:35
  also
• 8:36
  need
• 8:36
  a
• 8:36
  place
• 8:36
  to
• 8:36
  store
• 8:37
  your
• 8:37
  inventory.
• 8:37
  So
• 8:38
  I
• 8:38
  mentioned
• 8:38
  having
• 8:39
  a
• 8:39
  product
• 8:39
  based
• 8:39
  business
• 8:40
  from
• 8:40
  home,
• 8:40
  which
• 8:40
  is
• 8:40
  totally
• 8:41
  possible,
• 8:42
  but
• 8:42
  as
• 8:42
  your
• 8:42
  store
• 8:42
  grows,
• 8:43
  your
• 8:43
  inventory
• 8:43
  also
• 8:44
  grows.
• 8:44
  And
• 8:44
  unless
• 8:45
  you
• 8:45
  have
• 8:45
  a
• 8:45
  massive
• 8:46
  warehouse
• 8:46
  for
• 8:47
  a
• 8:47
  garage,
• 8:47
  eventually
• 8:48
  you
• 8:48
  run
• 8:49
  out
• 8:49
  of
• 8:49
  space.
• 8:49
  So
• 8:50
  you
• 8:50
  can
• 8:50
  rent
• 8:50
  a
• 8:50
  warehouse
• 8:51
  or
• 8:51
  a
• 8:51
  storage
• 8:51
  facility
• 8:52
  of
• 8:52
  some
• 8:52
  sort,
• 8:53
  but
• 8:53
  it,
• 8:53
  things
• 8:54
  do
• 8:54
  get
• 8:54
  complicated
• 8:54
  when
• 8:54
  that
• 8:55
  inventory
• 8:55
  grows.
• 8:56
  There's
• 8:56
  also
• 8:56
  the
• 8:56
  logistics
• 8:57
  of
• 8:57
  fulfillment.
• 8:58
  So
• 8:58
  fulfillment
• 8:59
  means
• 8:59
  getting
• 8:59
  the
• 8:59
  product
• 9:00
  from
• 9:00
  your
• 9:00
  warehouse
• 9:01
  or
• 9:01
  home
• 9:01
  into
• 9:01
  the
• 9:02
  hands
• 9:02
  of
• 9:02
  the
• 9:02
  customer.
• 9:02
  So
• 9:02
  that
• 9:03
  looks
• 9:03
  like
• 9:03
  packaging,
• 9:04
  invoicing,
• 9:05
  and
• 9:05
  then
• 9:05
  getting
• 9:06
  it
• 9:06
  on
• 9:06
  the
• 9:06
  road.
• 9:07
  If
• 9:07
  you
• 9:07
  choose
• 9:07
  to
• 9:07
  do
• 9:07
  your
• 9:08
  own
• 9:08
  fulfillment.
• 9:09
  It
• 9:09
  will
• 9:09
  likely
• 9:10
  very
• 9:10
  quickly
• 9:10
  take
• 9:10
  over
• 9:11
  your
• 9:11
  life
• 9:11
  and
• 9:11
  your
• 9:11
  house.
• 9:12
  You
• 9:12
  will
• 9:12
  have
• 9:12
  boxes
• 9:13
  in
• 9:13
  every
• 9:13
  room
• 9:14
  and
• 9:14
  every
• 9:14
  other
• 9:14
  day
• 9:14
  you'll
• 9:15
  be
• 9:15
  shipping
• 9:15
  something
• 9:15
  not
• 9:16
  exactly
• 9:16
  the
• 9:16
  passive
• 9:16
  income
• 9:17
  that
• 9:17
  a
• 9:17
  lot
• 9:17
  of
• 9:17
  us
• 9:17
  are
• 9:17
  looking
• 9:17
  for.
• 9:18
  It's
• 9:18
  a
• 9:18
  great
• 9:19
  way
• 9:19
  to
• 9:19
  start,
• 9:19
  but
• 9:19
  as
• 9:19
  your
• 9:20
  business
• 9:20
  grows,
• 9:20
  you're
• 9:20
  probably
• 9:20
  gonna
• 9:21
  wanna
• 9:21
  outsource
• 9:21
  that
• 9:22
  fulfillment
• 9:22
  in
• 9:22
  some
• 9:22
  way
• 9:22
  or
• 9:22
  another.
• 9:23
  There
• 9:23
  are
• 9:23
  actually
• 9:24
  fulfillment
• 9:25
  centers.
• 9:25
  Now,
• 9:25
  these
• 9:26
  are
• 9:26
  a
• 9:26
  beautiful
• 9:26
  thing.
• 9:27
  You
• 9:27
  can
• 9:28
  take
• 9:28
  all
• 9:28
  the
• 9:28
  orders
• 9:28
  on
• 9:28
  your
• 9:28
  website
• 9:29
  and
• 9:29
  then
• 9:30
  they
• 9:30
  immediately
• 9:30
  get
• 9:30
  sent
• 9:30
  over
• 9:31
  to
• 9:31
  the
• 9:31
  fulfillment
• 9:31
  center,
• 9:31
  which
• 9:32
  is
• 9:32
  essentially
• 9:32
  just
• 9:32
  a
• 9:32
  warehouse
• 9:33
  with
• 9:33
  employees
• 9:33
  that
• 9:34
  package
• 9:34
  up
• 9:34
  your
• 9:34
  product
• 9:35
  and
• 9:35
  send
• 9:35
  it
• 9:35
  on
• 9:35
  their
• 9:35
  way,
• 9:35
  and
• 9:36
  you
• 9:36
  never
• 9:36
  have
• 9:36
  to
• 9:36
  touch
• 9:36
  it.
• 9:37
  It's
• 9:37
  amazing.
• 9:38
  You
• 9:38
  can
• 9:38
  also
• 9:38
  do
• 9:39
  the
• 9:39
  same
• 9:39
  thing
• 9:39
  through
• 9:40
  Amazon.
• 9:40
  There's
• 9:40
  an
• 9:41
  FBA
• 9:41
  program
• 9:42
  which
• 9:42
  stands
• 9:42
  for
• 9:42
  fulfilled
• 9:43
  by
• 9:43
  Amazon.
• 9:44
  So
• 9:44
  when
• 9:44
  you
• 9:44
  buy
• 9:45
  something
• 9:45
  prime,
• 9:46
  it
• 9:46
  comes
• 9:46
  from
• 9:46
  an
• 9:46
  Amazon
• 9:47
  warehouse,
• 9:47
  which
• 9:48
  is
• 9:48
  how
• 9:48
  it
• 9:48
  gets
• 9:48
  to
• 9:48
  you
• 9:48
  very,
• 9:49
  very
• 9:49
  quickly.
• 9:49
  It's
• 9:49
  not
• 9:49
  generally
• 9:50
  coming
• 9:50
  from
• 9:51
  somebody's
• 9:51
  home.
• 9:52
  So
• 9:52
  that
• 9:52
  person
• 9:52
  has,
• 9:53
  you
• 9:53
  know,
• 9:53
  designed
• 9:53
  or
• 9:54
  manufactured
• 9:54
  that
• 9:54
  product,
• 9:55
  put
• 9:55
  it
• 9:55
  in
• 9:56
  Amazon's
• 9:56
  warehouse,
• 9:57
  and
• 9:57
  then
• 9:57
  it
• 9:57
  gets
• 9:58
  shipped
• 9:58
  off
• 9:58
  to
• 9:58
  the
• 9:59
  customer.
• 9:59
  So
• 9:59
  there
• 9:59
  are
• 10:00
  alternatives
• 10:00
  to
• 10:00
  shipping
• 10:01
  it
• 10:01
  all
• 10:01
  yourself.
• 10:01
  Another
• 10:02
  con
• 10:02
  for
• 10:03
  holding
• 10:03
  onto
• 10:03
  physical
• 10:04
  inventory
• 10:04
  is
• 10:04
  that
• 10:04
  inventory
• 10:05
  ages,
• 10:06
  especially
• 10:06
  if
• 10:06
  you
• 10:07
  sell
• 10:07
  clothing
• 10:07
  or
• 10:07
  jewelry
• 10:08
  or
• 10:08
  anything
• 10:09
  where
• 10:09
  the
• 10:09
  styles
• 10:09
  change
• 10:10
  quite
• 10:10
  quickly,
• 10:11
  it'll
• 10:11
  go
• 10:12
  in
• 10:12
  and
• 10:12
  outta
• 10:12
  sigh
• 10:12
  and
• 10:12
  all
• 10:12
  of
• 10:12
  a
• 10:13
  sudden
• 10:13
  you
• 10:13
  have
• 10:13
  inventory
• 10:13
  that
• 10:14
  is
• 10:14
  now
• 10:14
  no
• 10:14
  longer
• 10:15
  as
• 10:15
  valuable
• 10:16
  as
• 10:16
  it
• 10:16
  was
• 10:16
  six
• 10:16
  months
• 10:17
  ago
• 10:17
  because
• 10:17
  now
• 10:17
  the
• 10:17
  styles
• 10:18
  have
• 10:18
  changed
• 10:18
  or
• 10:18
  the
• 10:18
  weather
• 10:19
  changes,
• 10:19
  right?
• 10:20
  So
• 10:20
  that
• 10:20
  inventory
• 10:20
  actually
• 10:21
  depreciates.
• 10:21
  It
• 10:21
  becomes
• 10:22
  less
• 10:22
  valuable
• 10:22
  over
• 10:22
  time,
• 10:23
  and
• 10:23
  that's
• 10:23
  something
• 10:23
  to
• 10:23
  be
• 10:23
  aware
• 10:24
  of
• 10:24
  as
• 10:24
  well.
• 10:24
  Finally,
• 10:25
  if
• 10:25
  you
• 10:25
  build
• 10:26
  a
• 10:26
  e-commerce
• 10:27
  store
• 10:27
  on
• 10:27
  your
• 10:28
  own
• 10:28
  website,
• 10:28
  you
• 10:29
  actually
• 10:29
  have
• 10:29
  to
• 10:29
  get
• 10:29
  traffic
• 10:29
  to
• 10:30
  it.
• 10:30
  You
• 10:30
  know
• 10:30
  the
• 10:30
  old
• 10:31
  adage,
• 10:31
  if
• 10:32
  you
• 10:32
  build
• 10:32
  it,
• 10:32
  they
• 10:32
  will
• 10:32
  come?
• 10:33
  Nope.
• 10:33
  Doesn't
• 10:33
  count
• 10:34
  for
• 10:34
  e-commerce
• 10:34
  stores.
• 10:35
  Like
• 10:35
  you'll
• 10:35
  build
• 10:35
  it
• 10:36
  and
• 10:36
  you'll
• 10:36
  sit
• 10:36
  and
• 10:36
  total
• 10:36
  your
• 10:36
  thumbs
• 10:37
  and
• 10:37
  no
• 10:37
  one
• 10:37
  will
• 10:37
  find
• 10:37
  you
• 10:38
  unless
• 10:38
  you're
• 10:38
  doing
• 10:39
  advertising
• 10:39
  and
• 10:39
  other
• 10:39
  marketing.
• 10:40
  So
• 10:41
  you
• 10:41
  have
• 10:41
  to
• 10:42
  get
• 10:42
  the
• 10:42
  traffic
• 10:42
  there
• 10:42
  yourself.
• 10:43
  Or
• 10:43
  if
• 10:43
  you
• 10:44
  put
• 10:44
  it
• 10:44
  on
• 10:44
  a
• 10:44
  third
• 10:44
  party
• 10:44
  website
• 10:45
  like
• 10:45
  Amazon,
• 10:45
  Etsy,
• 10:46
  Walmart,
• 10:46
  eBay,
• 10:47
  you
• 10:47
  will
• 10:48
  then
• 10:48
  have
• 10:48
  to
• 10:48
  compete
• 10:48
  with
• 10:48
  lots
• 10:49
  of
• 10:49
  other
• 10:49
  businesses
• 10:49
  that
• 10:50
  are
• 10:50
  also
• 10:50
  trying
• 10:50
  to
• 10:50
  get
• 10:50
  the
• 10:50
  eyeballs
• 10:51
  on
• 10:51
  their
• 10:51
  products.
• 10:51
  So
• 10:52
  there
• 10:52
  is
• 10:52
  no
• 10:52
  clear
• 10:52
  winner
• 10:52
  there.
• 10:53
  You
• 10:53
  have
• 10:53
  to
• 10:53
  just
• 10:53
  pick
• 10:54
  one
• 10:54
  and
• 10:54
  choose
• 10:54
  the
• 10:54
  one
• 10:54
  that's
• 10:55
  gonna
• 10:55
  work
• 10:55
  best
• 10:55
  for
• 10:55
  your
• 10:55
  life.
• 10:56
  So
• 10:56
  that
• 10:56
  is
• 10:56
  a
• 10:56
  quick
• 10:57
  overview
• 10:57
  of
• 10:58
  selling
• 10:58
  products
• 10:59
  from
• 10:59
  home.
• 11:00
  Whew.
• 11:00
  Okay,
• 11:01
  you
• 11:01
  guys
• 11:01
  ready
• 11:01
  for
• 11:01
  content?
• 11:02
  All
• 11:02
  right.
• 11:02
  Content
• 11:03
  based
• 11:03
  businesses
• 11:04
  are
• 11:04
  absolutely
• 11:05
  where
• 11:05
  I
• 11:05
  encourage
• 11:06
  people
• 11:06
  to
• 11:06
  start
• 11:06
  when
• 11:06
  they
• 11:06
  have
• 11:06
  little
• 11:07
  to
• 11:07
  no
• 11:07
  money
• 11:08
  to
• 11:08
  invest
• 11:08
  in
• 11:08
  their
• 11:08
  business.
• 11:08
  Because
• 11:09
  you
• 11:09
  don't
• 11:09
  have
• 11:10
  to
• 11:10
  fund
• 11:10
  any
• 11:10
  inventory.
• 11:11
  You
• 11:11
  don't
• 11:11
  have
• 11:11
  to
• 11:12
  actually
• 11:12
  have
• 11:12
  products
• 11:12
  to
• 11:12
  sell.
• 11:13
  You
• 11:13
  get
• 11:13
  to
• 11:13
  just
• 11:13
  come
• 11:14
  up
• 11:14
  with
• 11:14
  stuff
• 11:14
  out
• 11:15
  of
• 11:15
  your
• 11:15
  brilliant
• 11:16
  brain.
• 11:16
  It's
• 11:16
  amazing.
• 11:17
  So
• 11:17
  essentially
• 11:17
  you
• 11:18
  or
• 11:18
  your
• 11:18
  brain
• 11:19
  is
• 11:19
  the
• 11:19
  product
• 11:20
  or
• 11:20
  service,
• 11:20
  and
• 11:21
  you
• 11:21
  put
• 11:21
  it
• 11:21
  out
• 11:21
  there,
• 11:22
  and
• 11:22
  try
• 11:22
  to
• 11:22
  get
• 11:22
  people
• 11:23
  to
• 11:23
  purchase
• 11:23
  it.
• 11:23
  However,
• 11:24
  that
• 11:24
  means
• 11:24
  it
• 11:24
  has
• 11:24
  to
• 11:24
  be
• 11:25
  really
• 11:25
  good,
• 11:25
  right?
• 11:25
  You're
• 11:25
  gonna
• 11:26
  be
• 11:26
  competing
• 11:26
  with
• 11:26
  a
• 11:26
  lot
• 11:27
  of
• 11:27
  amazing
• 11:27
  people
• 11:27
  on
• 11:28
  the
• 11:28
  internet
• 11:28
  that
• 11:28
  have
• 11:28
  lots
• 11:28
  of
• 11:29
  good
• 11:29
  content
• 11:30
  and
• 11:30
  services
• 11:30
  to
• 11:31
  sell.
• 11:32
  If
• 11:32
  you
• 11:32
  don't
• 11:32
  have
• 11:33
  any
• 11:33
  marketable
• 11:33
  skills,
• 11:34
  you
• 11:34
  will
• 11:34
  first
• 11:34
  need
• 11:35
  to
• 11:35
  invest
• 11:35
  time
• 11:35
  or
• 11:36
  money
• 11:36
  into
• 11:37
  some
• 11:37
  sort
• 11:37
  of
• 11:37
  training
• 11:37
  or
• 11:37
  education,
• 11:38
  Let's
• 11:38
  say
• 11:38
  you
• 11:39
  wanna
• 11:39
  teach
• 11:39
  art
• 11:39
  classes.
• 11:40
  Well,
• 11:40
  that's
• 11:40
  great.
• 11:40
  Do
• 11:40
  you
• 11:40
  have
• 11:41
  an
• 11:41
  art
• 11:41
  education?
• 11:41
  Do
• 11:41
  you
• 11:41
  have
• 11:41
  experience
• 11:42
  doing
• 11:42
  art?
• 11:42
  Are
• 11:42
  you
• 11:43
  talented
• 11:43
  in
• 11:43
  any
• 11:43
  way?
• 11:44
  Maybe
• 11:44
  you
• 11:44
  love
• 11:45
  art
• 11:45
  and
• 11:45
  you're
• 11:45
  a
• 11:45
  little
• 11:45
  bit
• 11:45
  talented,
• 11:46
  but
• 11:46
  you
• 11:46
  have
• 11:46
  a
• 11:46
  lot
• 11:47
  of
• 11:47
  things
• 11:47
  to
• 11:47
  learn.
• 11:47
  There's
• 11:47
  gonna
• 11:48
  be
• 11:48
  some
• 11:48
  investment
• 11:48
  there
• 11:48
  in
• 11:49
  your
• 11:49
  own
• 11:49
  brain
• 11:49
  before
• 11:49
  you
• 11:50
  have
• 11:50
  something
• 11:50
  to
• 11:50
  sell
• 11:50
  to
• 11:50
  someone
• 11:51
  else.
• 11:51
  However,
• 11:51
  lemme
• 11:51
  say
• 11:52
  here
• 11:52
  that
• 11:52
  I
• 11:52
  do
• 11:52
  see
• 11:53
  many
• 11:53
  people
• 11:54
  becoming
• 11:54
  very
• 11:54
  successful
• 11:55
  with
• 11:55
  content-based
• 11:56
  businesses
• 11:57
  with
• 11:57
  no
• 11:57
  education
• 11:58
  or
• 11:58
  training.
• 11:58
  They
• 11:59
  just
• 11:59
  take
• 11:59
  a
• 11:59
  hobby
• 12:00
  that
• 12:00
  they
• 12:00
  love
• 12:00
  and
• 12:01
  they
• 12:01
  turn
• 12:01
  it
• 12:01
  into
• 12:01
  something
• 12:02
  marketable,
• 12:03
  or
• 12:03
  they
• 12:03
  share
• 12:03
  life
• 12:03
  experiences
• 12:04
  or
• 12:04
  something
• 12:05
  that
• 12:05
  they're
• 12:05
  really,
• 12:05
  really
• 12:05
  good
• 12:06
  at.
• 12:06
  So
• 12:06
  think
• 12:07
  for
• 12:07
  a
• 12:07
  second
• 12:07
  what
• 12:07
  the
• 12:08
  last
• 12:08
  thing
• 12:08
  was
• 12:08
  that
• 12:08
  someone
• 12:09
  complimented
• 12:09
  you
• 12:09
  on.
• 12:10
  Did
• 12:10
  they
• 12:10
  tell
• 12:10
  you,
• 12:11
  you.
• 12:11
  Are
• 12:12
  really
• 12:12
  good
• 12:12
  at
• 12:12
  doing
• 12:12
  your
• 12:12
  hair,
• 12:13
  that
• 12:13
  your
• 12:13
  hair's
• 12:13
  always
• 12:13
  beautiful.
• 12:14
  Did
• 12:14
  they
• 12:14
  say
• 12:14
  they
• 12:15
  love
• 12:15
  the
• 12:15
  meal
• 12:15
  you
• 12:15
  baked,
• 12:16
  or
• 12:17
  are
• 12:17
  you
• 12:17
  great
• 12:18
  at
• 12:18
  photography
• 12:18
  or
• 12:18
  gardening
• 12:19
  or
• 12:19
  cleaning
• 12:19
  or
• 12:20
  organizing?
• 12:21
  Maybe
• 12:21
  you're
• 12:21
  just
• 12:21
  an
• 12:21
  exceptionally
• 12:22
  patient
• 12:22
  parent,
• 12:23
  or
• 12:23
  literally
• 12:24
  any
• 12:24
  other
• 12:24
  skill
• 12:25
  on
• 12:25
  the
• 12:25
  planet.
• 12:25
  You
• 12:25
  can
• 12:26
  teach
• 12:26
  others
• 12:26
  how
• 12:26
  to
• 12:26
  do
• 12:27
  it
• 12:27
  in
• 12:27
  one
• 12:27
  way
• 12:27
  or
• 12:27
  another.
• 12:28
  That
• 12:28
  is
• 12:29
  hands
• 12:29
  down.
• 12:30
  The
• 12:30
  easiest
• 12:30
  way
• 12:31
  to
• 12:31
  get
• 12:31
  started
• 12:31
  with
• 12:32
  building
• 12:32
  a
• 12:32
  business
• 12:32
  online
• 12:32
  is
• 12:33
  by
• 12:33
  sharing
• 12:33
  your
• 12:33
  own
• 12:34
  expertise
• 12:34
  or
• 12:34
  your
• 12:34
  own
• 12:35
  life
• 12:35
  experiences
• 12:36
  and
• 12:36
  knowledge
• 12:37
  with
• 12:37
  someone
• 12:37
  else
• 12:38
  who
• 12:38
  is
• 12:38
  maybe
• 12:38
  a
• 12:38
  few
• 12:38
  steps
• 12:39
  behind
• 12:39
  you.
• 12:39
  So
• 12:40
  especially
• 12:40
  experienced
• 12:41
  parents.
• 12:41
  Couple
• 12:42
  episodes
• 12:42
  I
• 12:42
  talked
• 12:42
  about
• 12:42
  all
• 12:43
  the
• 12:43
  superpowers
• 12:43
  that
• 12:43
  moms
• 12:44
  have
• 12:44
  that
• 12:44
  make
• 12:44
  them
• 12:45
  exceptional
• 12:45
  entrepreneurs.
• 12:46
  Every
• 12:47
  year
• 12:47
  you're
• 12:47
  a
• 12:47
  parent,
• 12:47
  you're
• 12:48
  developing
• 12:48
  some
• 12:48
  incredible
• 12:49
  skills
• 12:49
  like
• 12:49
  how
• 12:50
  not
• 12:50
  to
• 12:50
  fly
• 12:50
  off
• 12:50
  the
• 12:50
  handle
• 12:50
  when
• 12:51
  your
• 12:51
  three
• 12:51
  year
• 12:51
  old
• 12:51
  throws
• 12:52
  a
• 12:52
  fork
• 12:52
  at
• 12:52
  his
• 12:52
  sister.
• 12:53
  These
• 12:53
  are
• 12:53
  really
• 12:54
  important
• 12:54
  things
• 12:54
  that
• 12:55
  other
• 12:55
  people
• 12:55
  want
• 12:55
  to
• 12:55
  know.
• 12:56
  How
• 12:56
  can
• 12:56
  you
• 12:56
  use
• 12:56
  this
• 12:57
  knowledge
• 12:57
  and
• 12:57
  these
• 12:57
  life
• 12:57
  experiences
• 12:58
  to
• 12:58
  improve
• 12:59
  someone
• 12:59
  else's
• 12:59
  life?
• 13:00
  Now,
• 13:00
  let's
• 13:00
  say
• 13:00
  you
• 13:00
  have
• 13:01
  one
• 13:01
  of
• 13:01
  these
• 13:01
  skills
• 13:01
  and
• 13:01
  you
• 13:01
  want
• 13:02
  to
• 13:02
  share
• 13:02
  it
• 13:02
  with
• 13:03
  someone
• 13:03
  else.
• 13:03
  How
• 13:03
  do
• 13:03
  you
• 13:03
  do
• 13:03
  that?
• 13:04
  Well,
• 13:04
  I
• 13:04
  would
• 13:04
  suggest
• 13:05
  one
• 13:05
  of
• 13:05
  two
• 13:05
  ways.
• 13:06
  Developing
• 13:06
  an
• 13:06
  online
• 13:07
  course
• 13:08
  or
• 13:08
  a
• 13:08
  membership
• 13:09
  are
• 13:09
  currently
• 13:10
  phenomenal
• 13:11
  ways
• 13:11
  to
• 13:11
  make
• 13:12
  money
• 13:12
  for
• 13:12
  relatively
• 13:13
  little
• 13:14
  time
• 13:14
  and
• 13:14
  effort
• 13:14
  upfront.
• 13:15
  Now,
• 13:15
  it's
• 13:15
  not
• 13:16
  like
• 13:16
  you're
• 13:16
  gonna
• 13:16
  set
• 13:16
  it
• 13:16
  up
• 13:16
  one
• 13:16
  day
• 13:16
  and
• 13:17
  just
• 13:17
  sit
• 13:17
  and
• 13:17
  drink.
• 13:18
  Lemonade
• 13:18
  on
• 13:18
  the
• 13:18
  porch
• 13:18
  all
• 13:19
  day
• 13:19
  while
• 13:19
  the
• 13:19
  money
• 13:19
  rolls
• 13:19
  in.
• 13:20
  That's
• 13:20
  not
• 13:20
  exactly
• 13:20
  how
• 13:20
  it
• 13:20
  works.
• 13:21
  There
• 13:21
  is
• 13:21
  a
• 13:21
  lot
• 13:21
  of
• 13:22
  work
• 13:22
  that
• 13:22
  goes
• 13:22
  into
• 13:23
  it.
• 13:23
  However,
• 13:24
  when
• 13:24
  you
• 13:24
  compare
• 13:24
  the
• 13:24
  profit
• 13:25
  margin
• 13:25
  of
• 13:25
  a
• 13:25
  content
• 13:26
  based
• 13:26
  business
• 13:27
  versus
• 13:27
  a
• 13:27
  product
• 13:28
  based
• 13:28
  business,
• 13:28
  it
• 13:28
  cannot
• 13:29
  compare.
• 13:29
  So
• 13:30
  for
• 13:30
  example,
• 13:30
  if
• 13:30
  I'm
• 13:30
  selling
• 13:31
  a
• 13:31
  product
• 13:32
  for
• 13:32
  $50
• 13:32
  and
• 13:33
  it
• 13:33
  costs
• 13:33
  me
• 13:33
  $20
• 13:34
  to
• 13:34
  buy
• 13:34
  the
• 13:34
  product,
• 13:34
  my
• 13:34
  profit
• 13:35
  margin
• 13:35
  is
• 13:35
  about
• 13:35
  30.
• 13:36
  Obviously,
• 13:37
  there's
• 13:37
  other
• 13:37
  overhead
• 13:37
  as
• 13:37
  well.
• 13:39
  If
• 13:39
  I
• 13:39
  am
• 13:40
  selling
• 13:40
  my
• 13:40
  content,
• 13:41
  For
• 13:41
  $50,
• 13:42
  my
• 13:42
  overhead
• 13:43
  is
• 13:43
  like
• 13:43
  five,
• 13:44
  whatever
• 13:44
  it
• 13:44
  took
• 13:44
  me
• 13:44
  to
• 13:44
  get
• 13:45
  the
• 13:45
  website
• 13:45
  up
• 13:45
  right?
• 13:46
  So
• 13:46
  your
• 13:46
  profit
• 13:46
  margin
• 13:46
  is
• 13:47
  always
• 13:47
  gonna
• 13:47
  be
• 13:47
  a
• 13:47
  lot
• 13:47
  higher
• 13:48
  with
• 13:48
  content
• 13:48
  because
• 13:49
  it
• 13:49
  doesn't
• 13:49
  cost
• 13:49
  you
• 13:49
  anything
• 13:50
  to
• 13:50
  make
• 13:50
  or
• 13:50
  very,
• 13:50
  very
• 13:51
  little
• 13:51
  to
• 13:51
  make.
• 13:51
  It
• 13:52
  just
• 13:52
  takes
• 13:52
  your
• 13:52
  brain
• 13:52
  power.
• 13:53
  So
• 13:53
  courses
• 13:54
  and
• 13:54
  memberships
• 13:54
  are
• 13:55
  really,
• 13:55
  really,
• 13:55
  really
• 13:56
  powerful
• 13:57
  ways
• 13:57
  to
• 13:57
  set
• 13:58
  up
• 13:58
  a
• 13:58
  business
• 13:58
  that
• 13:59
  is
• 13:59
  really
• 13:59
  successful
• 14:00
  as
• 14:00
  well.
• 14:00
  In
• 14:01
  addition
• 14:01
  to
• 14:01
  being
• 14:01
  easy
• 14:01
  to
• 14:01
  set
• 14:02
  up
• 14:02
  and
• 14:02
  easy
• 14:02
  to
• 14:02
  run
• 14:03
  content
• 14:04
  businesses
• 14:05
  or
• 14:05
  selling
• 14:05
  digital
• 14:05
  products,
• 14:06
  you
• 14:06
  know,
• 14:06
  like
• 14:06
  PDFs
• 14:07
  or
• 14:07
  designs
• 14:08
  et
• 14:08
  cetera,
• 14:09
  they
• 14:09
  have
• 14:09
  the
• 14:09
  potential
• 14:10
  to
• 14:10
  scale
• 14:10
  very
• 14:11
  quickly.
• 14:12
  Okay?
• 14:12
  So
• 14:12
  you
• 14:12
  could
• 14:13
  create
• 14:13
  a
• 14:13
  course
• 14:13
  one
• 14:14
  time
• 14:14
  and
• 14:15
  then
• 14:15
  potentially
• 14:15
  sell
• 14:16
  5,000
• 14:16
  of
• 14:17
  them
• 14:17
  and
• 14:17
  be
• 14:17
  a
• 14:17
  millionaire,
• 14:18
  right?
• 14:18
  That
• 14:18
  happens.
• 14:19
  It's
• 14:19
  really,
• 14:20
  really
• 14:20
  fun
• 14:20
  to
• 14:20
  watch.
• 14:21
  In
• 14:21
  fact,
• 14:21
  I
• 14:21
  recently
• 14:21
  saw
• 14:22
  a
• 14:22
  documentary
• 14:22
  on
• 14:23
  the
• 14:23
  fabric
• 14:23
  designer,
• 14:24
  Bonnie
• 14:24
  Christine.
• 14:24
  I've
• 14:25
  talked
• 14:25
  about
• 14:25
  her
• 14:25
  here
• 14:25
  before.
• 14:26
  She's
• 14:26
  really
• 14:26
  inspiring
• 14:26
  and
• 14:27
  I'll,
• 14:27
  I'll
• 14:27
  include
• 14:27
  the
• 14:27
  link
• 14:28
  to
• 14:28
  the
• 14:28
  documentary
• 14:28
  in
• 14:28
  the
• 14:28
  show
• 14:28
  notes.
• 14:29
  So
• 14:29
  her
• 14:29
  story
• 14:29
  is
• 14:30
  going
• 14:30
  from
• 14:30
  starving
• 14:31
  artist
• 14:31
  to
• 14:32
  literally
• 14:32
  a
• 14:32
  multimillionaire
• 14:33
  by
• 14:33
  creating
• 14:34
  a
• 14:34
  course
• 14:35
  and
• 14:35
  a
• 14:35
  membership
• 14:35
  site.
• 14:36
  That's
• 14:36
  it.
• 14:37
  She
• 14:37
  has
• 14:37
  a
• 14:37
  course
• 14:37
  teaching
• 14:37
  people
• 14:38
  how
• 14:38
  to
• 14:38
  do.
• 14:38
  Surface
• 14:39
  design,
• 14:39
  so
• 14:39
  how
• 14:39
  to
• 14:40
  design
• 14:40
  fabrics
• 14:41
  and
• 14:41
  wallpaper
• 14:41
  and
• 14:41
  that
• 14:41
  sort
• 14:42
  of
• 14:42
  thing,
• 14:42
  and
• 14:42
  a
• 14:42
  membership
• 14:43
  to
• 14:43
  support
• 14:43
  those
• 14:43
  business
• 14:44
  owners.
• 14:44
  And
• 14:44
  that's
• 14:45
  it.
• 14:45
  And
• 14:45
  she
• 14:45
  makes
• 14:46
  many
• 14:47
  millions
• 14:47
  of
• 14:47
  dollars
• 14:47
  every
• 14:48
  year.
• 14:48
  So
• 14:48
  pretty
• 14:49
  powerful
• 14:49
  to
• 14:49
  watch
• 14:50
  something
• 14:51
  like
• 14:51
  a
• 14:51
  content
• 14:51
  business,
• 14:52
  teach
• 14:52
  other
• 14:52
  people
• 14:53
  how
• 14:53
  to
• 14:53
  fulfill
• 14:53
  their
• 14:53
  own
• 14:53
  dreams
• 14:54
  while
• 14:54
  also
• 14:55
  making
• 14:55
  you
• 14:55
  money.
• 14:56
  The
• 14:56
  possibilities
• 14:56
  here
• 14:57
  for
• 14:57
  content
• 14:57
  based
• 14:57
  businesses
• 14:58
  truly
• 14:58
  are
• 14:58
  limitless.
• 14:59
  But
• 14:59
  again,
• 15:00
  it's
• 15:00
  not
• 15:00
  all
• 15:00
  sunshine
• 15:00
  and
• 15:00
  rainbows.
• 15:01
  There
• 15:01
  really
• 15:01
  is
• 15:01
  no
• 15:01
  business
• 15:02
  where
• 15:02
  you
• 15:03
  just
• 15:03
  set
• 15:03
  it
• 15:03
  up
• 15:03
  one
• 15:03
  day
• 15:03
  and
• 15:03
  watch
• 15:04
  the
• 15:04
  money
• 15:04
  roll
• 15:04
  in.
• 15:04
  It
• 15:05
  takes
• 15:05
  time
• 15:05
  and
• 15:05
  effort
• 15:05
  to
• 15:06
  build
• 15:06
  an
• 15:06
  audience.
• 15:06
  So
• 15:06
  with
• 15:06
  a
• 15:07
  content
• 15:07
  based
• 15:07
  business,
• 15:08
  maybe
• 15:08
  the
• 15:08
  products
• 15:08
  don't
• 15:09
  take
• 15:09
  quite
• 15:09
  as
• 15:09
  long
• 15:10
  to
• 15:10
  to
• 15:10
  create,
• 15:10
  and
• 15:11
  it's
• 15:11
  not
• 15:11
  as
• 15:11
  much
• 15:11
  grind
• 15:12
  ongoing.
• 15:13
  But
• 15:13
  you
• 15:13
  have
• 15:13
  to
• 15:13
  have
• 15:13
  people
• 15:14
  that
• 15:14
  want
• 15:14
  what
• 15:14
  you
• 15:14
  have,
• 15:15
  and
• 15:15
  that
• 15:15
  includes
• 15:15
  building
• 15:16
  an
• 15:16
  audience.
• 15:17
  You
• 15:17
  have
• 15:17
  to
• 15:17
  get
• 15:17
  people
• 15:18
  to
• 15:18
  know
• 15:18
  you
• 15:18
  and
• 15:18
  like
• 15:19
  you
• 15:19
  and
• 15:19
  trust
• 15:19
  you
• 15:20
  before
• 15:20
  they
• 15:20
  will
• 15:20
  give
• 15:21
  you
• 15:21
  any
• 15:21
  money.
• 15:21
  And
• 15:21
  sometimes
• 15:22
  that
• 15:22
  takes
• 15:22
  a
• 15:22
  long
• 15:22
  time,
• 15:23
  sometimes
• 15:23
  years.
• 15:24
  And
• 15:24
  of
• 15:24
  course
• 15:24
  the
• 15:24
  same
• 15:24
  goes
• 15:25
  for
• 15:25
  services
• 15:26
  that
• 15:26
  you
• 15:26
  might
• 15:26
  offer
• 15:26
  people
• 15:27
  who
• 15:27
  have
• 15:27
  a
• 15:27
  pain
• 15:27
  point.
• 15:28
  So
• 15:28
  I
• 15:28
  know
• 15:29
  millions
• 15:30
  of
• 15:30
  people
• 15:30
  could
• 15:30
  benefit
• 15:31
  from
• 15:31
  coaching,
• 15:31
  but
• 15:31
  first
• 15:32
  I
• 15:32
  have
• 15:32
  to
• 15:32
  convince
• 15:32
  them
• 15:33
  that
• 15:33
  I
• 15:33
  have
• 15:33
  the
• 15:33
  solution
• 15:34
  for
• 15:34
  their
• 15:34
  problem,
• 15:34
  and
• 15:35
  second,
• 15:35
  that
• 15:35
  it's
• 15:35
  worth
• 15:35
  whatever
• 15:36
  I'm
• 15:36
  charging.
• 15:36
  So
• 15:37
  it's
• 15:37
  all
• 15:37
  just
• 15:38
  a
• 15:38
  matter
• 15:38
  of
• 15:39
  putting
• 15:39
  yourself
• 15:39
  out
• 15:39
  there,
• 15:40
  finding
• 15:40
  the
• 15:40
  audience,
• 15:41
  and
• 15:41
  getting
• 15:41
  them
• 15:41
  to
• 15:41
  know,
• 15:41
  like,
• 15:42
  and
• 15:42
  trust
• 15:42
  you
• 15:42
  enough
• 15:43
  to
• 15:43
  pay
• 15:43
  you
• 15:43
  what
• 15:43
  you're
• 15:44
  asking.
• 15:44
  So
• 15:45
  I
• 15:45
  mentioned
• 15:45
  digital
• 15:45
  products
• 15:46
  briefly.
• 15:46
  In
• 15:46
  addition
• 15:46
  to
• 15:46
  these
• 15:47
  courses
• 15:47
  and
• 15:47
  memberships,
• 15:47
  you
• 15:47
  could
• 15:48
  sell
• 15:48
  things,
• 15:48
  like
• 15:48
  I
• 15:48
  said,
• 15:48
  PDF
• 15:49
  guides,
• 15:50
  video
• 15:50
  series,
• 15:51
  audio
• 15:52
  trainings,
• 15:52
  and
• 15:52
  so
• 15:53
  much
• 15:53
  more.
• 15:53
  Any
• 15:53
  way
• 15:54
  you
• 15:54
  can
• 15:54
  get
• 15:54
  your
• 15:54
  knowledge
• 15:55
  into
• 15:55
  someone
• 15:55
  else's
• 15:55
  hands
• 15:56
  is
• 15:56
  a
• 15:56
  way
• 15:56
  that
• 15:56
  you
• 15:56
  can
• 15:56
  sell
• 15:57
  it.
• 15:58
  You
• 15:58
  can
• 15:58
  also
• 15:58
  make
• 15:58
  money
• 15:58
  as
• 15:59
  a
• 15:59
  content
• 15:59
  creator,
• 16:00
  via
• 16:00
  a
• 16:00
  blog
• 16:00
  or
• 16:01
  a
• 16:01
  YouTube
• 16:01
  channel
• 16:02
  or
• 16:02
  a
• 16:02
  podcast.
• 16:03
  So
• 16:03
  essentially
• 16:03
  how
• 16:03
  those
• 16:04
  people
• 16:04
  make
• 16:04
  money,
• 16:05
  and
• 16:05
  this
• 16:05
  includes
• 16:05
  social
• 16:06
  media
• 16:06
  marketing
• 16:06
  as
• 16:06
  well,
• 16:07
  is
• 16:07
  through
• 16:08
  ads
• 16:09
  or
• 16:09
  affiliate
• 16:09
  marketing.
• 16:10
  So
• 16:10
  ads,
• 16:11
  obviously
• 16:11
  we
• 16:11
  know
• 16:11
  what
• 16:11
  those
• 16:11
  are.
• 16:12
  We're
• 16:12
  watching
• 16:12
  a
• 16:12
  YouTube
• 16:12
  channel
• 16:13
  and
• 16:13
  ad
• 16:13
  pops
• 16:13
  up.
• 16:14
  The
• 16:14
  creator
• 16:15
  of
• 16:15
  the
• 16:15
  YouTube
• 16:15
  channel
• 16:16
  usually
• 16:16
  gets
• 16:17
  a
• 16:17
  little
• 16:17
  cut
• 16:17
  from
• 16:17
  that
• 16:18
  ad.
• 16:18
  Affiliate
• 16:19
  marketing
• 16:19
  is
• 16:19
  when
• 16:20
  they
• 16:20
  will
• 16:20
  share
• 16:20
  a
• 16:20
  product
• 16:21
  or
• 16:21
  service
• 16:21
  with
• 16:21
  you
• 16:21
  and
• 16:21
  include
• 16:22
  a
• 16:22
  special
• 16:22
  link.
• 16:23
  Very
• 16:23
  often
• 16:23
  they'll
• 16:23
  have
• 16:23
  a
• 16:24
  promo
• 16:24
  code
• 16:24
  or
• 16:24
  something.
• 16:25
  That
• 16:25
  promo
• 16:25
  code
• 16:25
  ensures
• 16:26
  that
• 16:26
  they
• 16:26
  get
• 16:26
  a
• 16:26
  kickback
• 16:27
  when
• 16:27
  you
• 16:27
  go
• 16:27
  make
• 16:27
  a
• 16:27
  purchase
• 16:28
  with
• 16:28
  that
• 16:28
  code.
• 16:28
  Obviously
• 16:29
  all
• 16:29
  of
• 16:29
  us
• 16:29
  are
• 16:29
  familiar
• 16:30
  with
• 16:30
  Instagrammers
• 16:31
  and
• 16:31
  Talkers
• 16:31
  who
• 16:31
  go
• 16:32
  out
• 16:32
  and
• 16:32
  make
• 16:32
  money
• 16:32
  on
• 16:33
  the
• 16:33
  platform
• 16:33
  by
• 16:33
  showing
• 16:34
  up
• 16:34
  and
• 16:35
  getting
• 16:35
  partnerships
• 16:36
  with
• 16:36
  other
• 16:36
  brands
• 16:37
  in
• 16:37
  order
• 16:37
  to
• 16:37
  show
• 16:37
  their
• 16:37
  products
• 16:38
  or
• 16:38
  rave
• 16:38
  about
• 16:39
  it,
• 16:39
  or
• 16:39
  tell
• 16:39
  everybody
• 16:40
  it's
• 16:40
  the
• 16:40
  hottest
• 16:40
  thing.
• 16:41
  I
• 16:41
  could
• 16:41
  go
• 16:41
  on
• 16:41
  and
• 16:41
  on
• 16:41
  about
• 16:42
  business
• 16:42
  ideas
• 16:42
  all
• 16:42
  day
• 16:43
  long,
• 16:43
  but
• 16:43
  the
• 16:43
  fact
• 16:43
  of
• 16:44
  the
• 16:44
  matter
• 16:44
  is
• 16:44
  if
• 16:44
  you
• 16:45
  have
• 16:45
  a
• 16:45
  dream
• 16:45
  of
• 16:45
  giving
• 16:45
  somebody
• 16:46
  something
• 16:47
  they
• 16:47
  want
• 16:47
  or
• 16:47
  something
• 16:48
  they
• 16:48
  need,
• 16:48
  then
• 16:48
  you
• 16:48
  can
• 16:48
  build
• 16:49
  a
• 16:49
  business
• 16:49
  around
• 16:49
  it.
• 16:50
  It
• 16:50
  might
• 16:50
  take
• 16:50
  a
• 16:50
  little
• 16:50
  time
• 16:51
  and
• 16:51
  tweaking.
• 16:51
  In
• 16:52
  fact,
• 16:52
  it
• 16:52
  likely
• 16:52
  will
• 16:53
  to
• 16:53
  figure
• 16:53
  out
• 16:53
  exactly
• 16:53
  who
• 16:54
  will
• 16:54
  pay
• 16:54
  you
• 16:54
  this
• 16:54
  money
• 16:55
  and
• 16:55
  what
• 16:55
  exactly
• 16:55
  they
• 16:56
  want
• 16:56
  from
• 16:56
  you.
• 16:57
  But
• 16:57
  your
• 16:57
  mindset
• 16:58
  is
• 16:58
  key.
• 16:58
  That's
• 16:59
  why
• 16:59
  I'm
• 16:59
  here
• 17:00
  because
• 17:00
  I
• 17:00
  know
• 17:01
  that
• 17:01
  your
• 17:01
  commitment
• 17:02
  to
• 17:02
  it,
• 17:02
  to
• 17:03
  stick
• 17:03
  to
• 17:03
  it
• 17:03
  until
• 17:03
  you
• 17:03
  see
• 17:04
  success
• 17:04
  is
• 17:05
  the
• 17:05
  most
• 17:05
  important
• 17:05
  thing.
• 17:06
  Now,
• 17:06
  if
• 17:06
  you
• 17:07
  want
• 17:07
  a
• 17:07
  good
• 17:07
  place
• 17:07
  to
• 17:07
  start
• 17:07
  with
• 17:08
  any
• 17:08
  of
• 17:08
  these
• 17:08
  ideas,
• 17:09
  I
• 17:09
  will
• 17:09
  include
• 17:09
  links
• 17:10
  to
• 17:10
  some
• 17:10
  of
• 17:10
  my
• 17:10
  favorite
• 17:10
  online
• 17:11
  teachers
• 17:11
  in
• 17:11
  the
• 17:11
  show
• 17:12
  notes
• 17:12
  that
• 17:12
  includes
• 17:13
  someone
• 17:13
  who
• 17:13
  teaches
• 17:13
  about
• 17:13
  memberships,
• 17:14
  about
• 17:14
  selling
• 17:15
  digital
• 17:15
  products
• 17:15
  and
• 17:15
  courses
• 17:16
  about,
• 17:17
  physical
• 17:17
  products.
• 17:18
  So
• 17:19
  give
• 17:19
  all
• 17:19
  of
• 17:19
  them
• 17:19
  a
• 17:20
  follow
• 17:20
  or
• 17:20
  just
• 17:20
  those
• 17:21
  that
• 17:21
  seem
• 17:21
  relevant
• 17:22
  to
• 17:22
  what
• 17:22
  you
• 17:22
  wanna
• 17:22
  build.
• 17:22
  And
• 17:23
  let
• 17:23
  me
• 17:23
  know
• 17:23
  if
• 17:23
  you
• 17:23
  have
• 17:23
  an
• 17:23
  amazing
• 17:24
  business
• 17:24
  idea.
• 17:24
  I
• 17:24
  cannot
• 17:25
  wait
• 17:25
  to
• 17:25
  see.
• 17:25
  Would
• 17:26
  you
• 17:26
  guys
• 17:26
  come
• 17:26
  up
• 17:26
  with,
• 17:26
  talk
• 17:26
  to
• 17:27
  you
• 17:27
  guys
• 17:27
  soon?