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Startup Advice – What business should I start? Ask Evan


hi I’m Evan Carmichael welcome to an

hi I’m Evan Carmichael welcome to an edition of ask Evan today I’m going to

edition of ask Evan today I’m going to

edition of ask Evan today I’m going to answer a question for one of my

answer a question for one of my

answer a question for one of my newsletter readers Nathan and it’s a

newsletter readers Nathan and it’s a

newsletter readers Nathan and it’s a very common question that I get asked a

very common question that I get asked a

very common question that I get asked a lot and I love Aaron it’s oh here we go

lot and I love Aaron it’s oh here we go

lot and I love Aaron it’s oh here we go it’s from Nathan again and he wants

it’s from Nathan again and he wants

it’s from Nathan again and he wants guidance on what the businesses start so

guidance on what the businesses start so

guidance on what the businesses start so he’s hoping to become an entrepreneur

he’s hoping to become an entrepreneur

he’s hoping to become an entrepreneur doesn’t know how to get started and what

doesn’t know how to get started and what

doesn’t know how to get started and what specific type of businesses start and

specific type of businesses start and

specific type of businesses start and it’s great that you’re thinking like

it’s great that you’re thinking like

it’s great that you’re thinking like this a lot of entrepreneurs just start

this a lot of entrepreneurs just start

this a lot of entrepreneurs just start up because they’re hoping to make a lot

up because they’re hoping to make a lot

up because they’re hoping to make a lot of money and that’s a great goal you

of money and that’s a great goal you

of money and that’s a great goal you definitely want to make a lot of money

definitely want to make a lot of money

definitely want to make a lot of money but it’s typically the guys who just try

but it’s typically the guys who just try

but it’s typically the guys who just try to make money they never end up making

to make money they never end up making

to make money they never end up making money and you find it the most

money and you find it the most

money and you find it the most successful entrepreneur search fine you

successful entrepreneur search fine you

successful entrepreneur search fine you know any any entrepreneurially respect a

know any any entrepreneurially respect a

know any any entrepreneurially respect a famous entrepreneur there’s a lot on our

famous entrepreneur there’s a lot on our

famous entrepreneur there’s a lot on our site if you look at how they got started

site if you look at how they got started

site if you look at how they got started and why it’s because they had a really

and why it’s because they had a really

and why it’s because they had a really strong passion for whatever they were

strong passion for whatever they were

strong passion for whatever they were doing yes they want to make money but

doing yes they want to make money but

doing yes they want to make money but they also wanted to have an impact on

they also wanted to have an impact on

they also wanted to have an impact on the market that they were going into so

the market that they were going into so

the market that they were going into so when you’re first starting out it’s

when you’re first starting out it’s

when you’re first starting out it’s really exciting opportunity especially

really exciting opportunity especially

really exciting opportunity especially where you are now because you can pick

where you are now because you can pick

where you are now because you can pick anything there’s unlimited opportunities

anything there’s unlimited opportunities

anything there’s unlimited opportunities so it’s finding the one that best suits

so it’s finding the one that best suits

so it’s finding the one that best suits you and not just going after something

you and not just going after something

you and not just going after something that you think will make a lot of money

that you think will make a lot of money

that you think will make a lot of money what I found really helpful when I’m

what I found really helpful when I’m

what I found really helpful when I’m when I’m helping entrepreneurs and in my

when I’m helping entrepreneurs and in my

when I’m helping entrepreneurs and in my book I’m creating this chart that I

book I’m creating this chart that I

book I’m creating this chart that I think will help people but I’ll try to

think will help people but I’ll try to

think will help people but I’ll try to describe it for you guys watching the

describe it for you guys watching the

describe it for you guys watching the video when you’re trying to pick what

video when you’re trying to pick what

video when you’re trying to pick what idea you think would be a good

idea you think would be a good

idea you think would be a good opportunity for you I like coming up

opportunity for you I like coming up

opportunity for you I like coming up with three different columns so the

with three different columns so the

with three different columns so the first one is what are you really

first one is what are you really

first one is what are you really passionate about and that’s what do you

passionate about and that’s what do you

passionate about and that’s what do you like to do you know when you’re not

like to do you know when you’re not

like to do you know when you’re not going to your job right what do you do

going to your job right what do you do

going to your job right what do you do on your weekends what would you like to

on your weekends what would you like to

on your weekends what would you like to do all day long if you could and try not

do all day long if you could and try not

do all day long if you could and try not to put things like sit on the beach

to put things like sit on the beach

to put things like sit on the beach watch TV you know that stuff comes out

watch TV you know that stuff comes out

watch TV you know that stuff comes out of just having too much work and being

of just having too much work and being

of just having too much work and being overstressed you couldn’t really watch

overstressed you couldn’t really watch

overstressed you couldn’t really watch TV all day long and be happy you

TV all day long and be happy you

TV all day long and be happy you couldn’t sit on the beach all day long

couldn’t sit on the beach all day long

couldn’t sit on the beach all day long and be happy trust me you know you’ll do

and be happy trust me you know you’ll do

and be happy trust me you know you’ll do it for a month and then you’ll get bored

it for a month and then you’ll get bored

it for a month and then you’ll get bored and you want to do something right it’s

and you want to do something right it’s

and you want to do something right it’s people we want we want to be creative

people we want we want to be creative

people we want we want to be creative when we want to help people and have a

when we want to help people and have a

when we want to help people and have a purpose and it’s not going to be lying

purpose and it’s not going to be lying

purpose and it’s not going to be lying on the beach you watch TV so yeah that

on the beach you watch TV so yeah that

on the beach you watch TV so yeah that stuff might be fun but try to write down

stuff might be fun but try to write down

stuff might be fun but try to write down on your list of what you’re passionate

on your list of what you’re passionate

on your list of what you’re passionate about things you can see yourself doing

about things you can see yourself doing

about things you can see yourself doing all day long and be really excited about

all day long and be really excited about

all day long and be really excited about it now for me I love helping

it now for me I love helping

it now for me I love helping entrepreneurs and I love the world of

entrepreneurs and I love the world of

entrepreneurs and I love the world of entrepreneurship and I could spend all

entrepreneurship and I could spend all

entrepreneurship and I could spend all day doing entrepreneurship stuff and I

day doing entrepreneurship stuff and I

day doing entrepreneurship stuff and I do spend a lot of my day

do spend a lot of my day

do spend a lot of my day and it’s never tiring for me it’s always

and it’s never tiring for me it’s always

and it’s never tiring for me it’s always exciting so you want to find something

exciting so you want to find something

exciting so you want to find something like that with your own business

like that with your own business

like that with your own business something that you could be always

something that you could be always

something that you could be always excited by so start making that list so

excited by so start making that list so

excited by so start making that list so hopefully come up with a few ideas you

hopefully come up with a few ideas you

hopefully come up with a few ideas you know maybe go for 10 different ideas the

know maybe go for 10 different ideas the

know maybe go for 10 different ideas the next list I’d make is try to come with

next list I’d make is try to come with

next list I’d make is try to come with another ideally 10 of things that you

another ideally 10 of things that you

another ideally 10 of things that you are excited but or want to learn so

are excited but or want to learn so

are excited but or want to learn so something you’ve always wanted to try to

something you’ve always wanted to try to

something you’ve always wanted to try to do something that you know maybe you

do something that you know maybe you

do something that you know maybe you haven’t had the time to do before or you

haven’t had the time to do before or you

haven’t had the time to do before or you were just afraid to do it you didn’t

were just afraid to do it you didn’t

were just afraid to do it you didn’t believe in yourself you have enough

believe in yourself you have enough

believe in yourself you have enough confidence but things that you you wish

confidence but things that you you wish

confidence but things that you you wish you could do and see if there’s maybe a

you could do and see if there’s maybe a

you could do and see if there’s maybe a business opportunity for you somewhere

business opportunity for you somewhere

business opportunity for you somewhere in there so you know potential passions

in there so you know potential passions

in there so you know potential passions things you’re not quite sure if you’re

things you’re not quite sure if you’re

things you’re not quite sure if you’re super excited about what you want to try

super excited about what you want to try

super excited about what you want to try so make that list and then the third

so make that list and then the third

so make that list and then the third list is things that you’ve solved the

list is things that you’ve solved the

list is things that you’ve solved the frustrations for you so look at the

frustrations for you so look at the

frustrations for you so look at the things in your life that caused a lot of

things in your life that caused a lot of

things in your life that caused a lot of frustration and how did you go about

frustration and how did you go about

frustration and how did you go about solving it because a lot of the

solving it because a lot of the

solving it because a lot of the entrepreneur that are successful they

entrepreneur that are successful they

entrepreneur that are successful they start it around a pain right so if

start it around a pain right so if

start it around a pain right so if you’re having a lot of frustration and

you’re having a lot of frustration and

you’re having a lot of frustration and you are able to solve it then chances

you are able to solve it then chances

you are able to solve it then chances are there’s a lot of other people who

are there’s a lot of other people who

are there’s a lot of other people who have the same problem and maybe you can

have the same problem and maybe you can

have the same problem and maybe you can help them solve it and for you maybe

help them solve it and for you maybe

help them solve it and for you maybe it’s really super easy how you did it

it’s really super easy how you did it

it’s really super easy how you did it but for other people might be really

but for other people might be really

but for other people might be really difficult and so there’s an opportunity

difficult and so there’s an opportunity

difficult and so there’s an opportunity there for you to create a product or

there for you to create a product or

there for you to create a product or service to be able to help them solve

service to be able to help them solve

service to be able to help them solve that challenge so make that list of

that challenge so make that list of

that challenge so make that list of things again you’re really passionate

things again you’re really passionate

things again you’re really passionate about things that you want to learn that

about things that you want to learn that

about things that you want to learn that you’re that excite you that you haven’t

you’re that excite you that you haven’t

you’re that excite you that you haven’t really tried too much yet and then

really tried too much yet and then

really tried too much yet and then things that you’ve solved as a

things that you’ve solved as a

things that you’ve solved as a frustration for yourself

frustration for yourself

frustration for yourself that you think might be able to help

that you think might be able to help

that you think might be able to help others once you had that list I start

others once you had that list I start

others once you had that list I start scoring them and how it’s score it is on

scoring them and how it’s score it is on

scoring them and how it’s score it is on two factors one how much does it excite

two factors one how much does it excite

two factors one how much does it excite you right how much how much fun do you

you right how much how much fun do you

you right how much how much fun do you think it’s going to be because you’re

think it’s going to be because you’re

think it’s going to be because you’re gonna be doing this it’s going to be

gonna be doing this it’s going to be

gonna be doing this it’s going to be tough you know send up a business isn’t

tough you know send up a business isn’t

tough you know send up a business isn’t easy but it should at least be exciting

easy but it should at least be exciting

easy but it should at least be exciting and fun so look at the ideas that you’ve

and fun so look at the ideas that you’ve

and fun so look at the ideas that you’ve created on your list and come up with

created on your list and come up with

created on your list and come up with the ones that you think would be the

the ones that you think would be the

the ones that you think would be the most exciting and fun and you think you

most exciting and fun and you think you

most exciting and fun and you think you could grow and keep doing and have a lot

could grow and keep doing and have a lot

could grow and keep doing and have a lot of energy with the second thing is how

of energy with the second thing is how

of energy with the second thing is how much is it going to help people at the

much is it going to help people at the

much is it going to help people at the end of the day the amount of money that

end of the day the amount of money that

end of the day the amount of money that you’re going to make is going to come

you’re going to make is going to come

you’re going to make is going to come from helping people right the more you

from helping people right the more you

from helping people right the more you can help people the more money you’re

can help people the more money you’re

can help people the more money you’re going to be able to make that’s the

going to be able to make that’s the

going to be able to make that’s the foundation of business it comes from

foundation of business it comes from

foundation of business it comes from adding a lot of value to people’s lives

adding a lot of value to people’s lives

adding a lot of value to people’s lives so think about all those ideas and see

so think about all those ideas and see

so think about all those ideas and see how much can

how much can

how much can impact other people and from there you

impact other people and from there you

impact other people and from there you should have you know a narrow down list

should have you know a narrow down list

should have you know a narrow down list of all your ideas and then how exciting

of all your ideas and then how exciting

of all your ideas and then how exciting they are and how much to help people and

they are and how much to help people and

they are and how much to help people and your top business opportunities will

your top business opportunities will

your top business opportunities will come from the ones that you are really

come from the ones that you are really

come from the ones that you are really excited about and you can help a lot of

excited about and you can help a lot of

excited about and you can help a lot of people on that should be where you start

people on that should be where you start

people on that should be where you start your business around we’re creating a

your business around we’re creating a

your business around we’re creating a worksheet around that but hopefully I’ve

worksheet around that but hopefully I’ve

worksheet around that but hopefully I’ve explaining the video in a way that helps

explaining the video in a way that helps

explaining the video in a way that helps you kind of take that next step it’s a

you kind of take that next step it’s a

you kind of take that next step it’s a very common problem a lot of

very common problem a lot of

very common problem a lot of entrepreneurs don’t take the time to

entrepreneurs don’t take the time to

entrepreneurs don’t take the time to really tap into what they’re really good

really tap into what they’re really good

really tap into what they’re really good at and build a business around that and

at and build a business around that and

at and build a business around that and just jump into something because they

just jump into something because they

just jump into something because they think they can make a lot of money and

think they can make a lot of money and

think they can make a lot of money and they usually end up losing money you’re

they usually end up losing money you’re

they usually end up losing money you’re spending a lot of money trying to make

spending a lot of money trying to make

spending a lot of money trying to make money and not getting to where they want

money and not getting to where they want

money and not getting to where they want to be and it’s not fun because you’re

to be and it’s not fun because you’re

to be and it’s not fun because you’re not doing something that you’re really

not doing something that you’re really

not doing something that you’re really excited about and passion about so

excited about and passion about so

excited about and passion about so hopeful helps answer your question for

hopeful helps answer your question for

hopeful helps answer your question for you guys watching if you like the video

you guys watching if you like the video

you guys watching if you like the video please give it a thumbs up below it

please give it a thumbs up below it

please give it a thumbs up below it makes you want to do more of these for

makes you want to do more of these for

makes you want to do more of these for you and if you have a question about

you and if you have a question about

you and if you have a question about this video or another question about

this video or another question about

this video or another question about your own business feel free to leave in

your own business feel free to leave in

your own business feel free to leave in the comments below I always read those

the comments below I always read those

the comments below I always read those and try to respond as many as I can

and try to respond as many as I can

and try to respond as many as I can so thank you and you’ll see you on the

so thank you and you’ll see you on the

so thank you and you’ll see you on the next episode

”

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