I Discovered the Best Businesses to Start in 2024

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Published 2024-02-04
▸▸ Watch these 25 minutes if you want to scale a business you don’t grow to hate:    • Watch these 25 minutes if you want to...  

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In the investing world, insider information is everything.

It's the difference between making a smart decision or a costly mistake.

Launching a new business is *no different*.

I've seen too many bright-eyed entrepreneurs sit back and not take action because they can’t decide what business to start.

Most waste 5 years of their life in the wrong business…

Or they spend 5 years sitting on the sidelines.

So to help you avoid these mistakes I’ve cut through the clutter, and analyzed all industries, the gross margins, market demands – the full spectrum.

In today’s episode, I’m sharing 4 game-changing business opportunities you can start in 2024.

Chapters:

0:00 What is Gross Margins?
0:43 Business #1
2:23 Business #2
4:50 Business #3
7:47 Business #4

Instagram: @danmartell
Twitter: @danmartell

All Comments (21)
  • @danmartell
    Those are the best businesses you can start in 2024! Leave a comment, let me know your favourite:)
  • @fionawats1072
    I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.
  • @marcanthony2647
    My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US. The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. We need to take our financial life serious.... I recommend stock market investment and digital currencies
  • I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
  • @Riggsnic_co
    We read news in the media that doom and gloom is coming and we just accept it, doom and gloom doesn’t always have to be coming, I’ve read numerous success stories of people that are pulling off tremendous gains of up to $250K within weeks in this crazy market and I just want to learn how to achieve such figures.
  • @karlbodmer4368
    In my opinion the best business right now is doing online dropshipping. I feel like it's getting easier day by day because we now have access to some powerful tools (for example, I love using a bit of winnerzila for their great base of products with photos, descriptions, gifs, etc...). I have been using it for seven months already, and last month I made about 15000$, pure profit. Of course, first few months were tough until you see how business flows.
  • @leoryruth903
    I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Nora Hendrix.
  • @DarrenJacob
    Lovely video Dan, In order to maximize the growth of my $400k portfolio during the upcoming bull market, I am actively looking for new ways to invest and diversify it. Any suggestions?
  • @setionos
    1. Product business is one option, with emphasis on pre-selling, direct-to-consumer approach, and investing in building a brand. 2. Agency or service business is another viable option, focusing on identifying strong market pain, productizing services, emphasizing recurring revenue, and scaling with systems. 3. Coaching business, including consulting and online training, offers high margins (70-80%), with an emphasis on selling expertise, educational-based marketing, and building a community. 4. Software business boasts the highest gross margins (80-90%), emphasizing the importance of a sticky product, targeting boring industries, optimizing first-time user experience, and prioritizing customer retention for long-term success.
  • Your out-of-the-box thinking and unique perspective turned an otherwise mediocre presentation into a fantastic one, BsnsFunding. You did a good job of catching the mistakes and keeping us from wasting time and by taking the wrong path. Your attention to detail really sets you apart from the crowd. Great work! Brandon, Your great work has resulted in tangible, beneficial results to me. You’re a force to be reckoned for doing all these beautiful things to my grant
  • Hey I want to start investing but don't know where to begin. Any advice or contacts for help?
  • this was by far the most collective, informative mind blowing, got me thinking, simple enough to understand, with a dash of high value .........
  • @MarvishaN
    A Friend told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. is this a good way to potentially grow my retirement savings to about $3M over time?
  • Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
  • @cryptomanual2920
    Attempted an online grocery store and learned the margin lesson the hard way given the cost of onboarding a first time buyer and overall profit margins.
  • @codelucky
    Focusing on high margin industries and developing products or services that are in high demand and have low competition is key.
  • @JeffSMcCallum
    This is a good video!! I love the breakdown ..easy to understand. This is a must video for anyone thinking about jumping into business ..Bravo Dan!
  • @Xxsport298
    Your dedication, enthusiasm, and insight are shown in your work. Keep on doing great works like this, and there’s no looking back for you! The way you gracefully pulled off the work – I am so proud of you. BsnsFunding , Thanks for going through all the hassle and making them worth it. Congrats and best wishes for a promising future.
  • @nelsonalberto67
    DAN , I'M SO HAPPY I STUMBLED ONTO YOUR CHANNEL, I REALLY ENJOY YOUR BUSINESS TALKS, YOU'RE THE KIND OF HUMANS I NEED TO BE SORROUNDED BY , SO MUCH TO LEARN FROM.
  • @cris8761
    BsnsFunding literally gave me a fresh start. Before, I was stressed out and exhausted from being turned down from lender to lender. As of now, I’m currently in the phase of purchasing a home. I’m more confident and I feel more secure. I want to extend a very big THANK YOU to Brandon.