4 Business Ideas You Can Start for $0 in 2024. (HoldCo Bros) Ep. #80

HoldCo Bros are back! Nik and I are talking about business ideas and what's happening in our companies. In this episode, we discuss the business potential of Instagram's Close Friends feature, how influencers can use it to boost engagement, and how you could help.

We also cover the concept of Negative COGS (Cost of Goods Sold) - acquiring products for free or how you can get paid to acquire products and then sell them- with examples like EcoScraps. We talk about a lake weed removal business started by two college students, and how they scaled up with smart social media marketing. Finally, we share ideas for home service businesses that could benefit from time-lapse video marketing to go viral.

Learn more about Nik here:http://linktr.ee/cofoundersnik

Timestamps below. Enjoy!

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00:00 Introduction

01:18 Close Friends Feature on Instagram

02:07 Leveraging Close Friends for Increased Engagement

03:23 Monetizing the Close Friends Feature

06:34 Scraping Instagram Followers for Business Opportunities

11:10 Exploring Negative COGS Business Ideas

15:15 The Lake Weed Removal Business

17:14 Chemical-Free Pond and Lake Cleaning

17:37 Going Viral on Social Media

18:23 A Generous Offer

18:38 Business Boom and Social Media Success

20:00 Franchising and Licensing Opportunities

20:21 Top 10 Media-Accelerated Home Services Businesses

21:28 Pressure Washing and Pool Cleaning

23:11 Home Cleaning and Tree Trimming

25:24 Painting and Landscaping

28:46 Window Washing and Gutter Cleaning

29:10 Carpet Cleaning and Business Strategy

29:49 Leveraging Social Media for Business Growth

31:56 Partnering with Nationwide Franchisors