Someday i want to start a online small business but i stink with ideas or dream big. I would like to start small if possible but im not sure what type of business is small or dosent require inventory. For a first time startup thing i dont really want to deal with inventory.
The only thing i think could fit this post is something like youtube or even tikok? There may be better ideas out there.
There are only two jobs in the world: adding value and extracting value.
Do you have skills in making, doing, or otherwise interacting with things that people don’t want to do themselves? Do you have access to any type of machinery or tools that most people don’t? These are opportunities to add value. Value added jobs include crafting, agriculture, manufacturing, trades, childcare, teaching…
Do you have an insight into an inefficiency in the market? Are you able to exploit a gap between people who add value and the people who consume? Can you connect people to each other, connect people to products, or connect products to people? Value extraction jobs include things like distribution (drop-shipping), advertising (both making advertisement and other products that sell advertising space), management…
Is there anything you can do like this? And more importantly: is there anything you can do like this that you can do better without an employer-employee relationship?