In this episode of the Millionaire University podcast, hosts Justin and Tara Williams share eight low-barrier-to-entry business ideas capable of generating $10,000 or more per month. Covering diverse fields from a trash cleaning service to e-commerce and digital marketing, they discuss the simplicity, scalability, and earning potential of each venture. Beyond just listing opportunities, the episode encourages listeners to take action, leverage existing skills, and embrace adaptability in the face of skepticism. With over 300 additional business ideas available through Millionaire University's free course, the episode aims to motivate and empower aspiring entrepreneurs to explore and harness their business potential.

FREE MU Business Course - the secrets that successful millionaires follow to grow and automate their businesses. 

(Original Air Date - 4/12/23)

+ Welcome to Millionaire University: Unlocking Business Opportunities

+ Laying the Foundation: The Journey to Business Success

+ Debunking Myths: The Reality of Business Opportunities

+ The First Business Idea: Trash Cleaning Service Unveiled

+ Mobile Car Detailing: A Lucrative Business Model

+ Becoming a Social Media Manager: A Path to Success

+ Exploring Digital Marketing: A World of Opportunities

+ Unlocking Your Potential: The Power of Positive Influence

+ E-Commerce Success: From Idea to Million-Dollar Business

+ SaaS Business: A Lucrative Path to Recurring Revenue

+ Education Business: Turning Knowledge into Profit

+ Catering Business: A Delicious Opportunity for Entrepreneurs

+ Conclusion: The Infinite Possibilities of Entrepreneurship

Free Millionaire University Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. 

8 Businesses You Can Start Today That Can Make You 10k/month blog post - want a breakdown of the cost and potential of each one of the businesses we discussed on this podcast? Check out this post where we broke each business down!

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Want to scale your business faster without breaking the bank? In this episode, host Brien Gearin dives into the topic of leveraging overseas talent with guest Brian O'Connor, founder of TalentHQ. As a digital nomad with extensive experience hiring and working with Latin American professionals, Brian shares insights on how businesses can effectively expand their teams by hiring skilled talent from abroad. They discuss the myths surrounding offshore hiring, the importance of quality onboarding and communication, and how hiring from Latin America offers a unique combination of affordability and top-tier support. Whether you’re looking to scale your business or optimize your operations, this episode provides actionable advice on building a remote team that aligns with your company culture and goals.

+ Debunking offshore talent myths

+ Benefits of Latin American talent

+ Importance of onboarding and communication

+ Cultural differences in remote work

+ Cost efficiency and quality balance

+ Relationship building vs. transactional focus

+ Specialized roles and vetting process

+ Remote flexibility and communication

+ High-leverage hiring strategies

+ Time zone alignment with the U.S.

Check out TalentHQ at TalentHQ.co.

Download Brian's Onboarding Guide.

Subscribe to Brian's newsletter at OutlierGrowth.com.

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What if the key to your next big business idea isn’t a lightning bolt of inspiration, but a problem you’ve faced yourself? In this episode hosted by Kirsten Tyrrel, Dan Demsky reveals how solving a personal pain point helped him to launch Unbound Merino, a globally recognized apparel brand. Dan shares his entire journey, from a risky leap with a crowdfunding campaign to building a company that’s revolutionizing the way travelers prepare for their next adventure. He also discusses the importance of taking action even when the odds are against you, how he and his team overcame obstacles, and the power of working with close friends. If you’ve ever doubted your readiness to start a business, this episode is packed with real-world advice, strategies, and inspiring stories that'll push you to solve real problems and create a product you believe in!

+ Opportunity in Problems: Solving a travel issue with versatile clothing

+ Crowdfunding Success: Raising $400,000 through strategic pre-orders

+ Overcoming Challenges: Addressing industry inexperience and fulfillment issues

+ Business With Friends: Starting ventures with a close group of friends

+ Taking Action: Committing to deadlines and launching despite imperfections

+ Consistent Branding: Staying true to the original mission

+ Marketing Tactics: Using personal outreach and early momentum

+ Scaling Up: Growing from a small storage unit to a global brand

+ Pivoting During COVID: Adjusting messaging during travel restrictions

+ Advice for Entrepreneurs: Take risks, embrace challenges, and trust your team

Get 10% off with code MILLIONAIRE10 at UnboundMerino.com.

Follow Dan and Unbound Merino on Instagram.

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If you want to live differently than everyone else, then you need to think differently than everyone else. In this episode hosted by Kirsten Tyrrel, we analyze the game of wealth-building with financial expert Freddie Rappina, owner of Opta Financial. Freddie challenges traditional thinking by introducing the idea of playing chess instead of checkers when it comes to building financial freedom, including the mindset and strategies needed to create sustainable wealth. Freddie explains the key differences between traditional financial moves (like relying solely on savings and retirement accounts) and more strategic "chess" moves, such as using debt to acquire income-generating assets. We cover the importance of making a mindset shift, understanding how to use debt wisely, and investing in a way that'll serve you now and well into the future. If you’re someone looking to rethink your financial strategy, this episode is packed with insights on how to move beyond playing it safe and start playing to win.

+ The checkers vs. chess mindset

+ Focusing on generating income

+ Using debt strategically

+ Observing financial institutions’ tactics

+ Avoiding wealth-building pitfalls

+ Starting small with investments

+ Shifting from saving to building wealth

+ Emulating successful financial strategies

Check out Opta Financial at OptaFinancial.com.

Purchase a copy of Playing the Wealth Game.

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Are you unknowingly undercharging for your services? In this episode hosted by Kirsten Tyrrel, we address the crucial topic of pricing and the mindset needed to succeed in business with our guest, Robin Waite. Robin shares his journey from running a successful marketing agency to becoming "The Fearless Business Coach." He reveals why charging based on an hourly rate can be detrimental and how productizing your service can lead to greater profitability and value for your clients. We also discuss practical strategies for overcoming fear in business, how intentionality can be the key to progress, and why confidence in pricing your services starts with understanding and communicating your value. Robin sets up an inspiring challenge, urging business owners to step up their pricing and recognize their worth. Don’t miss this conversation that'll help you break through limiting beliefs and build a sustainable and profitable business!

+ Overcoming Fear: Robin Waite’s journey to becoming "The Fearless Business Coach"

+ Dangers of Hourly Rates: Why charging hourly can limit profitability

+ Productizing Services: Three steps to package and price services effectively

+ Key to Success: Importance of intentionality in achieving business goals

+ Articulating Value: Focusing on client outcomes over technical details

+ Pricing Confidence: Strategies to overcome discomfort with higher pricing

+ Fear of Success: Navigating growth and staying aligned with goals

+ Perceived Value Guarantee: Building trust without overpromising results

+ Goal-Focused Pricing: Reverse-engineering goals to set pricing

+ Action Over Manifestation: Taking concrete steps to reach your goals

Check out Robin's website at RobinWaite.com.

Get a free copy of Take Your Shot.

Follow Robin on YouTube.

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In this episode, we talk about my favorite business topic, which is automating and scaling your business. If done correctly, automating and scaling your business can lead to both more money and more time. And who doesn't want that..? And if you grow your business, make more money, and have more time, you're going to be able to help more people. I call this the triple threat of awesomeness. Okay, I just made that up right now, but let's go with it. Now, incorrectly automating and scaling, your business can lead to disaster. You know the saying the bigger they are, the harder they fall. Well, those guys ditched class on the day of this training. But not you! I have 10 automation and scaling gold bombs that I want to share with you. You Ready..? Let's dive in!

(Original Air Date - 3/27/23)

+ Introduction to Business Automation and Scaling

+ The Importance of Intention in Business Scaling

+ The Power of Doing Less: Streamlining Your Business

+ Leveraging Technology for Business Automation

+ Systematizing Your Business for Efficiency

+ The Role of People in Business Scaling

+ The Concept of 'Nail it, Then Scale it'

+ Risk Mitigation in Business Scaling

+ Using Other People's Money (OPM) for Business Growth

+ The Power of Self-Liquidation Funnel in Business Scaling

+ Building the Machine: The Ultimate Goal of Business Automation

+ Recap and Conclusion

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Wish you could peek behind the curtain of a local SEO agency? Now's your chance! In this episode, host Brien Gearin interviews James Lincoln, owner of Goodly Growth, a digital marketing company specializing in local SEO, and founder of Digital Side Hustle Academy. James shares his raw, unfiltered journey from a psychology graduate to building a successful digital agency and the lessons he learned along the way. They dive into the challenges of starting an agency, scaling from zero to $50k MRR, and the realities of managing a sales team. James emphasizes the importance of mastering the basics, staying resilient through setbacks, and continuously learning by doing. Plus, they explore the concept of reaching new levels in business and what it takes to keep growing. Tune in for insights, advice, and practical strategies from someone who’s been through the trenches and came out on top!

+ From Psych Grad to Agency Owner: James’s path into digital marketing

+ Scaling to $50k MRR: Strategies for growing Goodly Growth

+ Building a Sales Team: Lessons from hiring and training

+ Time Management Challenges: Balancing a job, MBA, and business

+ Specializing in Local SEO: The benefits of focusing on niche services

+ Understanding Customer LTV: Navigating growth plateaus and retention

+ Resilience & Learning by Doing: Turning setbacks into growth opportunities

+ Launching Digital Side Hustle Academy: Helping others start digital agencies

+ Advice for Entrepreneurs: Importance of persistence and mastering basics

+ Balancing Work & Life: Insights on managing family and business

Check out Goodly Growth at GoodlyGrowth.com.

Connect with James on Twitter or at [email protected].

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Think trust funds are reserved for the top 1%? Think again! In this episode hosted by Kirsten Tyrrel, we cover the topics of generational wealth and estate planning with expert guest Diana Kahn, attorney and founder of DK Law Group. Diana breaks down the differences between wills and trusts, explaining why creating a trust isn't just for the ultra-wealthy, but essential for anyone building a legacy. You'll also glean insights from Diana's entrepreneurial journey, from her experience owning seven companies to how she balances success with family life. If you're someone who plans for the future, then this advance preparation could spare your loved ones months of headache as well as the emotional and financial tolls of not having a trust in place. Tune in for the exact steps that you can take now to secure long-term financial health!

+ Importance of planning for wealth preservation

+ Key differences between wills and trusts

+ Why trusts are not just for the wealthy

+ Avoiding probate and reducing taxes with trusts

+ Balancing business ownership and family life

+ Defining business roles before hiring

+ How a lack of planning can strain relationships

+ Special needs trusts and protecting children

+ Trusts prevent capital gains taxes and lawsuits

+ Building a legacy with control over wealth usage

Check out DK Law Group at DKLawMD.com.

Follow Diana on Facebook and Instagram.

Call or text Diana at (443)-739-6724.

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2 years ago Brady Price was working a W-2 and not liking his job. He wanted more for him and his family but wasn't sure what to do. We got on a call. I was quickly able to identify the one thing he needed to focus on, which he did and today he's making a high 6 figure income (on his way to 7) and living his dream life with his family in Costa Rica. He was excited for a round 2 coaching call where he could ask some more questions about where to go next. There were a lot of valuable nuggets in this call so we decided to take some parts of that it and turn it into a podcast so you can be a fly on the wall for this coaching session. Enjoy! And share this with a friend who needs some help identifying blindspots in their business.

(Original Air Date - 3/20/23)

+ Introduction and Podcast Overview

+ The Idea of Recording a Consulting Call

+ The Call Begins: Life in Costa Rica

+ Discussing Business Goals and Success

+ The Power of Exponential Growth in Business

+ Understanding ROI and Business Investment

+ Discussing Business Bottlenecks and Solutions

+ The Importance of Hiring the Right People

+ Discussing Business Expansion and Sustainability

+ The Importance of Seeking the Right Advice

+ The Power of Execution in Business

+ Conclusion: The Success Story of Brady

+ Podcast Wrap-up and Final Thoughts

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Would you have guessed that an ice cream sandwich could make you $10k per month? In this episode, host Brien Gearin dives into the entrepreneurial journey of Katherine O'Brien, owner of Cream Cruiser, a mobile dessert bike business in Baltimore, Maryland. Katherine shares how her creative side hustle turned into a full-time business, even after a major pandemic setback. She discusses the origins of her unique dessert bike concept, her transition from a day job to full-time entrepreneurship, and how her passion for catering events, especially weddings, helped her pivot and scale beyond what she ever thought possible. Katherine also talks about Bike Business University, where she now teaches aspiring entrepreneurs how to start their own bike-based businesses. Tune in to hear about the challenges, successes, and key lessons from Katherine’s decade-long journey, and learn how this unique business model can be both a fun and profitable venture!

+ Turning a dessert bike idea into Cream Cruiser

+ Transitioning from side hustle to full-time business

+ Pivoting during the pandemic and shifting focus to catering

+ Building strong local community relationships

+ Acquiring a dessert manufacturing company for better margins

+ Offering a unique experience for events and weddings

+ Operating with 75% profit margins and low startup costs

+ Launching Bike Business University to teach others

+ Focusing on core products like ice cream sandwiches and push pops

+ Staying focused, trusting the process, and leveraging social media

Check out Cream Cruiser at CreamCruiser.com.

Check out Bike Business University at BikeBusinessUniversity.com.

Follow Katherine on Instagram, here and here.

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To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.

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