10 Exercises To Come Up With Profitable Business Ideas

All right ya smarty pants. I know you're thinking. "This isn't actually 10 minutes, it's 16." Well there's EXTRA value for you! A jumbo taco of wisdom :)
Ideas are said to be a dime a dozen, and that they're "worthless" - compared to execution. Although taking ACTION is the most important part, you still need ideas and inspiration to get started!
Watch today's video for an overview of a bunch of business ideas you can start on right now. Grab something to take notes with! I expect to see your ideas in the comments.
🔔 Subscribe to the channel for more videos to help you on your entrepreneurship journey:
( / @noahkagan )
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Top Takeaways:
00:00 Intro
00:21 1) Look at how you spend your money
02:00 2) Look how you spend your time
03:47 3) Get feedback from friends / social media
04:45 4) Consider if you had unlimited money
05:35 5) What have you done in your day job that you can make into your side hustle?
06:24 6) The first problem wins
07:22 7) Unbundle craigslist
07:55 8) The "to do list" text
08:30 9) Go on Reddit
09:48 10) Piggyback popular products
10:42 11) Create content
11:22 12) Sell your stuff
12:25 Validating your ideas
15:59 Underdog of the week

[@noahkagan]

Post your ideas below! Let's get to 50?

[@noahkagan]

1 - app for reminding you to congratulate / give yourself credit mid-day

[@noahkagan]

2 - coaching program for busy entrepreneurs who want to live out in a van for 3 weeks

[@michaellim3619]

@@noahkagan 3 - substack but for podcasts. easier distribution, consistent formatting and analytics, easy paywall setup

[@michaellim3619]

4 - info product for people who want to get off medication for ADHD and self regulate through health / meditation / focus tips, etc

[@m.malina6797]

Love software (thanks AppSumo/NK). I was considering launching a channel/site that explores using the software in order to get the most out of it.

[@WiesawZych]

Been following you for couple of years on yt, and this must be most legit, helpful and undersubscribed channel in yt history 🤷🏻‍♀️

[@noahkagan]

Give it time. We doing this for a WHILE my friend. Appreciate you greatly!

[@GrowWithWill]

Noah - you are crushing it with your videos lately - so much output -- that 250K goal will be in the rearview mirror soon enough!

[@noahkagan]

1 by 1 my friend. With awesome people like you in the tribe makes it fun AF

[@markshpuntov629]

I totally agree! Every new video gets better and better, too!

[@macraeolinger]

Binge watching. I like this one. I used to be a house painter. Im starting businesses- from building cabinets to hanging gutters- from your advice. Good stuff.

[@tboneskids4029]

Another great video. Very Very helpful. You’re an idea machine!! All the best.

[@crazykidwins2475]

Who doesn't love this guy? So much great content and advice. Way to go Noah and team Noah

[@amielvincent4894]

This is awesome!! I’ve never seen videos that make finding an idea so easy. Appreciate your channel lots

[@noahkagan]

Dude hell yea a Miel. What idea you get from it?

[@LinhPodetti]

I love how much value you put in 1 video 👌🏻

[@noahkagan]

Appreciate all your comments Linh. We do our best.

[@noobkosh]

Great video, exacly the video I've been looking for for a while

[@markshpuntov629]

Noah, you are awesome! Your videos cut out the clutter around business and make it fun again. I kept on stressing out around coming up with the perfect idea, but your approach is really resonating with me. My key takeaways from this video: 1. Business can be fun. 2. Solve your own problems. 3. Don't overcomplicate things. 4. Validate (first customer) as soon as possible. Thanks for all the content, man!

[@chunglu9492]

Noah, This is incredible !

[@tiptoptrends]

I like your recap at the end and your markers. Made it super easy to take notes.

[@noahkagan]

So glad they are helping :)

[@ajfx]

So epic. Really loving these videos. Please never stop

[@noahkagan]

Thank you!

[@pigsinpyjamas9410]

I spend most of my time googling ‘what business should I start’ 🙄

[@carlorossi1261]

I have the same problem. Ha ha ha

[@626STAH]

Legendary comment 🔥🏆

[@247upgrade]

Literally hit subscribed when you said “tip number seis” haha 🇧🇷

[@shivoverseas]

Its honestly a great video, thank u for sharing ur thoughts its very realistic.

[@AleksPirok]

From all the tips you gave me (super helpful by the way - GOLD) my biz idea would be in the area of self Improvement/ creativity/ helping people/ physical product and marketing is where my interest is/ designing and bettering the world is another one. Based on this the ideas i have atm are: 1- Create my own architecture firm/ agency (I'm an architect) where people would actually NOT hate working , and which would not be a soul crushing nightmare but a fun and vibrant place to be. 2- Sell art supplies at good/ discounted prices so its not a rip off as it is usually or as a subscription service+ with perks like inspiration what to draw or creative tips? 3 - Make a vvvv shape "pen holder" (horizontal not vertical) to have a better pen organisation when drawing Feedback on the above is welcome, you can trash or give a constructive feedback on any of the above!

[@noahkagan]

Dude this is great. How can you validate (customer first) this week?

[@AleksPirok]

@@noahkagan so i already have couple of clients on the side for architecture. With the pen holder the no3 in the list above- it would probably be direct messages to say 10-15 people who I think may love this product. As you say, see if at least 3 people in 48h are interested!

[@SilvestreArt]

IDEAS: GO!

[@CalvinCaracciolo]

This was a great video. Thank you for making it

[@markz306]

Still a great video. Watched this a couple time to get me motivated.

[@piccolaradge8333]

05:45 min THANK YOU! I really needed to hear this 🙏🏾

[@mattstopa9436]

Really good advice here.

[@VidhathShetty]

Damn that was so simple but effective. 🙏🙏

[@mcruzer82]

Tip 11 is the best one, I need to get off my ass and start creating. Thanks for making all these awesome vids Noah!

[@noahkagan]

Hell yea Matt. Can start today!

[@stevenbozeman6345]

Noah you are awesome bro!!

[@noahkagan]

you tooooo steven

[@CoupleofLondon]

20, many thanks

[@jesscurrie]

Wow incredible video

[@doronuzan]

so much value

[@SmashBro7510]

9:14 hey I can write a program for that RIGHT NOW! thanks for the idea. bye imma work on it

[@CoupleofLondon]

Always wanted to create own coffee brand. Finally will do it🤩

[@noahkagan]

YES. Report back

[@peterheri]

Hey Noah, how did you come up with your privacy policy for appsumo?

[@DarkAgeGrowing]

It's funny, you were on tip 9 I recently started a monthly subscription package for Heirloom plant seeds

[@Roel_dG]

Hope its succeding! Btw do you have a lot of knowledge in this area, because in march you will plant difgerent seeds than in september for example. And it might be good to know if people have a lot of shadow in their garden (so you can make a package of seeds of plants which thrive when there is very few light

[@DarkAgeGrowing]

@@Roel_dG yeah I know a good bit about seeds and planting and gardening and stuff like that I have my KZbin channel about this too. I started selling Jerusalem Artichoke tubers in March and then seed packets in April of this year I'm already making 600 a month gross sales. I started my monthly subscription seed packs this month and have 2 people on that so far.

[@markz306]

Another great video

[@noahkagan]

I appreciate that!

[@laylay8657]

If I did not have to worry about money, I would move to southern France and would travel the world half of the time. I love organizing things, packing light for trips, and finding good travel bags (purses, carry-on bags, personal item bags, etc.) I would be happy if I could build a business around those things.

[@kristybirchfield2838]

Who do you get to edit your KZbin videos?

[@pierrelefort1659]

My wantrepreneur is about to die, at last...keep it UP Noah

[@thecravechannel]

Hey Noah! how about... 'Coaching people on fear (Shirtless) whilst riding your bike on a gravel track wearing a one bag with randomised crowd sourced coffee challenges and taco ingredients.

[@noahkagan]

Dude, stop stealing my business ideas!!!

[@conquerandwin]

I keep my six-pack protected so no one can hurt it. It's called "shielding" 🛡

[@denziioo]

Where do i buy that shit?

[@rjyoungling220]

Underdawgsss

[@dominiklawall5019]

Hello Noah Kagan, how is the link on Reddit 8:40min?

[@osarogiebello3407]

Pweuee pweuee... Thanks man.. I was having idea block until I heard 2 million dollars! Ding ding ding! Ideas started popping up here and there. I'll start a transport business, with my countries population and people constantly moving from place to place, that is the way to go, with immediate returns guaranteed. I'm talking interstate transport. Majority of the population here can't afford air travel.

[@Roel_dG]

What country is it about, does the country where you live in not have any public transport? (Busses and trains)

[@osarogiebello3407]

@@Roel_dG Nigeria, you mean public transport run by government? They exist, but are too few, mismanaged or none existent in some areas. Transport is mostly privately run and expensive. Imagine having one that's a little cheaper than what's out there but comfortable and efficient. We have the population and people moving daily.

[@Roel_dG]

@@osarogiebello3407 okay, good to know. I think in Nigeria there is great potential (mainly because there are so many people) maybe it helps you to look at the MTR as an example it is very cheap and profitable at the same time

[@marmar31227]

I have an idea of a product my brother n law is drawing it up I'm hoping my uncle will build the prototype but don't know what to do after that. Have thought about a few business ideas but getting it started...

[@marmar31227]

I'll have to watch your other video

[@weightlosshub6786]

If money wasn't a factor in business idea's I would love to create products around that are environmentally friendly an recycle waste we already have into useable products. The problem is I really wouldn't know where to start and most of the time helps a lot when you have money coming in from a business to fund those products. Any thoughts?

[@conquerandwin]

Question: how did you decide to use background music for your vlog vs. No music? I've seen both work but am still conflicted for my own. P. S. Re: your question: dating coaching. Started a meetup group in 2011 and proved the idea because two people reached out to me right away to get help, and were my first paying clients.

[@hellsent105]

Do you think fear coaching could be a business? because I would definitely be good at that! how would one find the people who need help though?

[@rainedonkat]

I personally think that would work really well in conjunction with building a social media audience by making free content around that topic. Then, sell personal coaching lessons to your audience who already comes to your channel/content to solve that very problem (their fear). Also it might be a good idea to narrow down exactly which flavor of fear you are the best at solving, since "fear" is a rather broad genre.

[@ShervinShares]

yoga for dudes!

[@sebastianpauluchak7361]

Hi Noah and everyone! I want to make chocolate bars with my recipes. Do you think it is possible to validate the idea without investing in the beginning? Here in Argentina the basic machinery to start is around USD1500. In addition, to sell food to the market, I have to obtain the corresponding licences and that is also expensive. How do you guys handle in those cases, how do you validate when it comes to food? All my family, friends and neighbors tried the chocolates and they love it. But who doesn't like a good chocolate?

[@Roel_dG]

for the licence part, maybe you can start to offer your chocolate at a local supermarket who already has a selling licence, and maybe they are interested in selling the chocolate for you, so than you can make money from it without an expensive licence.

[@rossmckay861]

Sebastián Pauluchak have a look at NK’s vid on business in 48 hours - make some ugly hand made chocolate bars - take a few pics - ask friends and family to buy some - promise them some free bars if they take a vid of them trying the bar. Get feedback to improve. Once you know people will buy you can make the money and save to get legit and scale.

[@Itsmypureworld]

A challenge I’ve come across in startup business is when the client wants the initial service but they don’t want the scaled version of it. I run a music tuition agency for home tuition (Zoom currently) which has this problem; parents often don’t like that their teacher isn’t being paid directly and is receiving a percentage of the fee. I’ve had the same issue in Schools where a new head of department has been employed by the School; the head has sometimes decided to go against contract and deal with my teacher directly. I’ve found this kind of issue with other businesses I’ve started and tried to scale

[@aminaganovic7582]

*Most important thing:* Don't push it too hard

[@chriswe67]

Great stuff. But I have no ideas. Help

[@noahkagan]

You didnt get 1 from this video???

[@chriswe67]

I'm going to watch it again. I like fitness. Helping people. Talking. Any suggestions?

[@rachelk5162]

Coming up with ideas is easy, but going from idea to business, that seems difficult!

[@noahkagan]

100% agreed. Putting out a video about how to be customer first no matter what idea you have :)

[@rachelk5162]

@@noahkagan great, looking forward to it! That's what I try to do. I have lots of great ideas but am not the best designer/engineer so one of the products that I made and use everyday, works well but doesn't look the best. I've had to make several versions of it to get to this stage but would love to take it far further which would probably require engineers. Some of the other ideas I've had would probably require specific machinery to make. It's hard to be my own customer if I can't make the product, lol

[@carlorossi1261]

You have a great point. Its very true. From idea to biz takes a lot of energy

[@halohack789]

I have 37 ideas

[@lamborghinicentenario2497]

13:25 yeah but telling your friend what to track about your jobs is less convenient than doing it yourself...

[@MitchTodd]

I subscribed to the channel, but I can’t click the bell for notifications. I get the following: This action is turned off for content made for kids. ?!?

[@noahkagan]

Yo Mitch! Super interesting... still happening?

[@MitchTodd]

Noah Kagan The message still appears, but I’m getting your notifications. Thanks for following up.

[@matserdingud]

your teeth are so fucking amazing.

[@rjyoungling220]

Conspiracy Theory: Noah didn't make all of his cash being this entrepreneurial prodigy... He used his Mr. Olympia winnings 0:04 to hire other people to do it for him and takes the credit.

[@noahkagan]

Haha. WHERE did you find this out? Snopes?!?!