I’m struggling to start my IP business. I’m looking for consultants who will help me. I’m a filmmaker/writer.

I have a lifestyle business that may be able to gear up to performance but still stay lifestyle I sell hyperbaric oxygen chambers about $20,000 average. I have three wellness centers and then I own a marketing company with recurring income.

So encouraging!

What an interview! Fantastic insight from Renée and wonderful input & questioning from Glen!

It’s pure genius. I listened to the audiobook while driving and thought - by golly, I fit all of those Ps (and when I reached my destination there was yet another invitation waiting for me) - but it’s one thing to fulfill all the Ps, it’s another and very different thing to be aware of that and therefore lean in and focus on them. I’ve said it before - Daniel, you’re a superstar.

I really like these videos. But can the editor please stop zooming in and out and in and out of the video. It is highly annoying and distracts from the message.

❤

Daniel I like the way you think. My thoughts exactly

What are examples of those IP, media, software, data businesses please?

Thank you. I've been following your insights and wanted to get your thoughts on a business idea I'm developing called Impactso. We're a B2B software company that helps organizations measure their social impact in line with ESG reporting and demonstrate their contributions to the SDGs,

It’s supplements considered food?

Amazing content. Thanks for sharing and excellent presentation.

So damn good Daniel

The lid of our wheelie bin broke, and the husband got in touch with the bin company to ask for a new one. A day later there’s an older man in the front in shorts. Turns out it’s the owner (has the monopoly on all the bins in the whole county). He has a van full of tools, he fixes the lid and off he goes. He likes to meet his customers…we thought it was very impressive.

I'm curious: How do you find creative agencies as business models, Daniel? Thanks for your inside; it always stands out.

Would gyms be the same as salons? Or chiropractors?

💯agree! Thank you for sharing the insights

Well the only business I'm passionate about and desperate to start ticks 3 of those boxes 😅😅

How about an Education business, Teaching the English language to people all around the world?

Thanks Daniel, I love the content you put out… I would love to hear your thoughts on trades businesses. I’m an air conditioning and refrigeration technician and know I need to stop “working for the man” in order to thrive. Do you see ways that trades can integrate, content, data and technology? Many thanks in advance 👍🏼

I’m about to get into a super tricky industry-cannabis. So many layers and uncertain legal conditions but huge growth is yet to come. My focus is on IP not products and I see so many untapped markets.

what about an event ticketing platform that leverages cutting edge technology?

Sounds like a video sales letter perhaps?

I'm just pivoting from my successful, but "me-intense" business to another similar one for which I have high hopes, and I was terrified my business would appear on the BAD BUSINESSES list. Not only is it not on the list, but it's on the "good business" list. I have a huge amount of respect for you Daniel and all that you have taught me. I don't think I would be as far ahead in my current book - my 4th, incidentally, but my first to be self-published - if it weren't for you. After reading KPI it gave me a huge boost of confidence to see that I fitted all the Ps on the list, and now I am leaning in to expanding on each of those categories. To anyone reading this who has yet to read EVERYTHING Daniel has written, please do so - you can thank me later. And of course, thank YOU Daniel, you are a superstar.

as always great share! I've started a coaching business for lawyers helping them build a qualified audience, authority & generate leads on LinkedIn. In theory it ticks all the boxes you described in terms of IP, software, media... but I doubt about the ability to really make millions of it though 🧐 given my price points (2-5K per year per person) and I can only take on 4 people per month. B2B (selling to law firms) has not really proven to be the right market for me VS solo, small law firm owners (who also have a lower disposable income, scarcity mindset and behave like consumers with their money) - which means I'll probably need to scale & do higher volume (I think?) Would love to get your feedback on this!

Crisp content. Really loved the way it is presented as always by Daniel. I would love to have your perspectives on B2B Management Consulting business targeted towards a very specific industry.

Nice video! Thanks

What’s the best starting businesses with really low funds and experience

Curious to know if you’ve any thoughts on Virtual Production, operating between the live events, broadcast and film production industries. I run a creative content studio and am interested in setting up a VP studio, yes it requires significant investment (high 6 figures just to cover the equipment, then premises, then specialist staff) however it’s still a new competitive space, there are literally no such studios in my region but in other places they are booming.

What about a dating app idea? It has: Software Data IP Media

Really enjoyed this. Thanks Daniel.

Excellent magnifying glass on why digital business can be much more "businessy" than traditional ones. Name of the game here in a nutshell is unique and brandable IP that can provide scalable results.

It's actually quite ironic that I just watched a very well known South African entrepreneur who said exactly the opposite. His advice is to get someone else to take your calls and someone else to do sales... He likened it to: You drive a Ford, yet you've never met Henry Ford. I heard that and thought: What an absolute crock of brown stuff... Love this! Be hands on! Know your product and understand your customer!

Paul Dunn, the best sales trainer in the best business.

Thank you for the amazing information Daniel. How should I prepare the offer if I want to create a physical product? Do I need to make a prototype to show in the offer? thanks alot

What hooked me up with watching this video in the first place was that I wanted to believe that you can start a business with no start-up money. I was in a live chat with Noah Kagan last Friday and I asked him this and he responded by saying that you don't need any start-up money for a business and that his $300M AppSumo business only started with 50 bucks (that being a cheap web developer to build his app) and even then Noah said that 50 bucks was too much to start a business. I was still toying with this idea in mind, and so I'm glad you released this video Dan to also confirm that this is possible...perfect timing! Cheers, Dan! Love from England xx

Sounds like you're saying i can use AI to get a promotion?

is it me or does he;s face look AI

Audience first is a good idea, but what if you immigrated to a country with only a few connections in English, how could you create a WhatsApp group or zoom event for people who barely know you?

Thank you 😊 Should we test only one of price/level option to the first 30 potential clients? Or present all 3 and they should theoretically choose the one that speaks to them?

Totally agree. I believe it is important to teach them a new model because being trained to get a job is part of the past century. Instead, teach them how to be Leader and be their own Boss

Daniel how can I promote a waitlist with out many followers or connections? TIA

I've read this in your books, this is one of the most interesting things i've come across. Could you please explain this networking strategy for us? for example, why a KPI would be interested to partner up with a simple person like me? What's in it for them? That knowledge will be extremely helpful. Thanks again for sharing this goldmine of knowledge.

It’s “Audience first” for me. In the past I’ve developed services that I thought were sure winners but the audience wasn’t willing to pay, or wanted to pay way less than I knew the service was worth.

yet you have 2 comments on this video 3 days later lol

Awesome

Great advice - especially in the Offer section. I feel like we've done a good job in defining our Concept and Audience, and now we have our eye on Sales. The Offer step includes so many useful ideas that will help us prepare to more effectively go to market and start selling. Thanks!

That's not happening anytime soon. Marketing professors have never sold a single item through their own marketing skills. Entrepreneurship courses aren't taught by entrepreneurs. It's just messed up

Guys get my board game at discount on Kickstarter soon!! 🎉 Did it work?

Guys I have something cool to sell you: a board game!! 🎉 Did it work?