Lesson Details:
February 14, 2020
Video Transcription: In this video I created an exercise for you that I think will be pretty fun it consists of two parts and in the next video I'm actually gonna run you through and test your ability to use this so for the next 30 days I want you to document your life and don't worry if you don't want to wait 30 days I've kind of done it I've kind of done some of it for you so you can just cheat here a little bit but the idea is that for the next two days you would document your life and all the big services you use you notice during your day do you use are you doing are you doing commuting are you doing learning and are you doing exercise are you doing you know you're going to the gym what are the main you know D are you a parent do you have things for your kids like babysitting tutoring what are the major things that you come across during the day and then one would like you to list them because I don't want it to take 30 days for you you do it on your own time but I've kind of gone ahead and I've done it for you right you search for things you look things up like your restaurants that you like and your services that you like you take ubers maybe taxis you maybe get a monthly subscription of anything ranging recycle you get it whatever is the big major service that you get and what I would like you to do is combine your ideas for anything.
I took three different ideas I took some very very basic things laundry something happens all the time florists and flowers people like that and wedding planning and I'm gonna walk you through the examples I did for the first two and then our exercise is going to be for you to create the wedding planning business ideas around that and then I'll show you mine because if I scroll below I'll show you mine that I came up with and you and I we're going to compare and see maybe you have someone some that I didn't choose or you know maybe our choices overlap so let's see I'll just give you the examples so laundry what are the businesses around that of course get it done for you you can go you know there's already a lot of laundromats that do your laundry but there no you know there's less people who come to you and do your laundry at your premises so it's the uber is laundry people who provide services by going to you and you can literally get one to come to you now okay not scheduling in advance but somebody to come now or Starbucks that's the Starbucks model is equivalent of a laundromat where you can go and get it done for you or you can go to laundromat and you know just get your laundry done and and the Starbucks model you know you can actually open a laundromat it's a proven good business buy it's a boring business but it's a proven good business nonetheless now there's a lot of Education okay.
You can make little mini courses little books coaching literally on how to best do laundry right people everyone at some point in their life has to learn this sometimes they learn it from their family their parents but sometimes they go on Google or YouTube and they look at it so you can create all kinds of things and teach people how to best most efficiently cheapest way use best materials non-toxic all that stuff now it's not the best business idea out there but it's a business idea I was for laundry mat just opening one I already mentioned that the new underwear right like then you want new stuff each ma each month if you don't want to clean your socks you don't want to clean your underwear fine so just throw them away and get new one sent to you each month right like just you know the razor club or whatever that's called basically you just get new new new basic underwear sent to you each month and you throw away the old stuff or maybe not each month but like maybe you who knows but it certainly will solve your laundry issue because you don't have to wash it you can just throw it away and get new ones then there's this weird business models right you can sell used underwear and I it's a weird one I know but there's actually a thing it's like a thing online that I actually used to have a client that that was their business that they used to sell used underwear and it worked weird I know I'm not saying you should do this but it's an idea idea it's only an idea don't get scared now you can also make a laundry based gadget for example maybe you can take a shirt and run it through some kind of a little contraption and it folds it nicely okay or some kind of a just little thing that helps you fold shirts or a sock twister so that you don't have to spend too long twisting the socks and all that getting confused by it so a little gadget okay so those are just ideas that I kind of combined with common bit common ubiquitous services right okay another one now florists some thing that's unique okay a Yelp for florists only where people provide more elaborate flour-based reviews now if you're hiring a florists or somebody to do a flower arrangement you can get do the 99 design model for forests just having florists submit their designs and compete and you pick the best ones you can open a flower store.
You can actually create a little formula maybe flower nutrients that that plants need so that they can stay alive longer in your vase when you buy flowers so instead of lasting for a week or two they last for two months three months four months amazing you can create teach people how to do creative flower arrangements on their own you can have nature walks workshops around flower places or parks and you can even have a YouTube channel talking about this subject matter how to make them what kind of different flowers there are a ton of topics so you see there's a lot of businesses you can do just you can take a subject matter and boom put all these impose all these other twists on the general subject now let's do something that a lot of people like wedding planning and for your exercise you create maybe five or ten hopefully ten different business ideas you can do around business planning being a business planner is one of them that's a good business actually nothing wrong with a traditional business to commoditize business but the other nine would be twists on this wedding planning idea and in the next video I'll show you my ideas and you hopefully will have yours and you we'll compare now please just take a moment and do this exercise and actually create your new wedding planning cool unique ideas or just different twists on this all traditional model.
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