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If I started a business today, I'd do this

2023-10-24 · Short · Ali · recording, 0:50 · watch on YouTube

Topic: Business and entrepreneurship · mode: List of tips or lessons

In a Short, Ali says his first step in a new business would be getting customers for free, with a free scorecard or quiz and a free Zoom webinar promoted to his network, and only charging once he is good at it.

What is said

The parts of the video and what is said in each (★ — how much it matters to the video).

00:00:00 — First step of a new business: get customers for free

  • ★★★ Starting a business today, Ali's first step would be to get customers for free, the ultimate way to validate a business idea: if you cannot get customers for free, you will never be able to charge them. — 00:00:00
  • ★★ To validate a new business, Ali would make a free scorecard or online quiz on ScoreApp or Google Forms, run a free Zoom webinar on the business, tell his whole network and count who takes part. — 00:00:00 · Zoom, Facebook, Instagram
  • ★★ Ali says a business is ultimately just a vehicle that adds value to people's lives and charges money for it, so adding that value for free validates the business idea. — 00:00:29

  • ★★ Ali says beginners in business often make the huge mistake of charging from day one: do it for free a couple of times and charge once you are good at it, since "the ROI on free" is incredible. — 00:00:29

    “The ROI on free is absolutely incredible.”

In the description and comments

  • ★ Ali says he ran a business for five years before his YouTube channel started. — creator comment

Threads in this video

Mentioned

Facebook · Google Forms · Instagram · ScoreApp · Zoom

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