00:00:11another edition of ask Evan in today’s
00:00:13video I’m going to answer question from
00:00:14one of my readers on youtube so x1 our
00:00:16YouTube video watchers who is a 16 year
00:00:19old boy from Ireland who was seeking to
00:00:21starting his own business and wanted my
00:00:24help and coming up with some ideas for
00:00:25how we could launch his company he’s
00:00:27thinking that something potentially in
00:00:28the schools or the local stores and he
00:00:31also lives next to a successful Lori
00:00:32delivery service and he’s wondering if
00:00:35he can proposing the ideas to help him
00:00:37grow his business as well so great
00:00:40questions whenever I’m talking to new
00:00:43entrepreneurs and helping them figure
00:00:44out what businesses start I always
00:00:46encourage you to think about something
00:00:47they’re really passionate about excited
00:00:49about something that gets you motivated
00:00:50and excited and it’s something where you
00:00:52think you can add a lot of value and
00:00:54have an impact when you’re working with
00:00:56your customers so running the business
00:00:57isn’t just about making money although
00:00:59we want to make money but it’s about
00:01:02adding value and really trying to be
00:01:04significant to your customers and if
00:01:06you’re adding a ton of value and you’re
00:01:08being significant and you’re having an
00:01:10impact on their lives then the money is
00:01:13going to follow they’re going to keep
00:01:14you around so that’s the first thing so
00:01:16figure out what it is that you’re really
00:01:17good at where you think you can add
00:01:18value and help your customers the next
00:01:20thing you’ve talked about selling into
00:01:21your schools or selling to businesses
00:01:23and it’s pointing to figure out if you
00:01:25want to be a business and consumer type
00:01:27of model where you’re selling to your
00:01:28students and classmates or if you want
00:01:30to be a business business have model and
00:01:32sell to local entrepreneurs who might be
00:01:34able to value for your services when
00:01:37you’re starting up I think it’s a lot
00:01:38easier to start a business the business
00:01:39type of service and business-to-consumer
00:01:41for a couple reasons one if you are
00:01:44having a meaningful impact on somebody’s
00:01:46business they’re going to want to keep
00:01:47you around and they’re making money from
00:01:49it so they’re going to want to keep
00:01:51making sure you deliver in that product
00:01:52or service because they’re benefiting
00:01:54from it where consumers often the price
00:01:57tag is a lot lower so a business who is
00:01:59making money from you is going to be
00:02:01able to you know afford your services
00:02:03where consumers if you sell your
00:02:05students they may not have a lot of
00:02:06money could be hard to build up business
00:02:08and
00:02:09you have a ton of students who are
00:02:10buying from you and consumers sounds can
00:02:13be fickle so they might like you today
00:02:15and not like you tomorrow and then
00:02:17you’ve got to start all over again from
00:02:18scratch so it’s not that you can’t set a
00:02:20consumer-facing business it’s just a lot
00:02:22more difficult so again tap into what
00:02:24you think you can add a lot of value to
00:02:25and try to build your business around
00:02:27that the third part you’re asking about
00:02:29the successful lower delivery service
00:02:32guide who’s next to you and what you
00:02:34might be able to offer him and there’s a
00:02:36great opportunity for a lot of young
00:02:38entrepreneurs who might be more tech
00:02:39savvy and online savvy to partner up
00:02:41with establish entrepreneurs who might
00:02:43need help on those online marketing
00:02:45tactics so I know you’re one of my
00:02:47youtube video Watchers so maybe there’s
00:02:48a way you can use YouTube to help him go
00:02:51his business maybe you can film intros
00:02:53of him or film and what he does in his
00:02:55business or marketing campaign and put
00:02:58that on youtube so he can help promote
00:02:59his business there be kept with this
00:03:01website there’s some other online
00:03:02marketing with Twitter or Facebook a lot
00:03:04of the established entrepreneurs they
00:03:06know about YouTube they know about
00:03:08Twitter and Facebook but they don’t
00:03:09really know what to do about it so as
00:03:11young entrepreneur it could be an
00:03:12opportunity to come in and show them how
00:03:14it works also you get some valuable you
00:03:17know education as you work through that
00:03:18process hopefully it can work out for
00:03:20that one client and you can go find
00:03:22other clients start working worth a few
00:03:25/ successfully proved it with the first
00:03:26one so hopefully that helps if you have
00:03:29other questions please leave a comment
00:03:30below I’d also love to hear everybody
00:03:32else’s thoughts and feedback if you want
00:03:33to leave a comment and please give the
00:03:35video a thumbs up if you liked it and
00:03:37will stay tuned to the next episode
00:03:44you
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