7 Top Business Ideas You Can Start With No Money
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Many people don't start businesses because they lack the money to do so, resulting in frustration and a sense of being left out of that part of the world that's achieving their dreams. 😓 But today I'll give you a hand, and that involves 7 EASY & FAST business ideas you can get started on with 0$ ❗🤯

Chapters:
00:00 - Do All This With 0$
00:47 - We're NOT Talking About...
01:49 - How I Started Making $$$
02:39 - This Is Your Starting Line
03:38 - My Student's Story
04:03 - Recommendation To Switch Devices
04:16 - First Idea: UpWork
05:18 - Second Idea: Start An Agency
06:52 - Third Idea: Door To Door Sales
08:46 - Fourth Idea: Telemarketing
10:08 - Let's Talk About Leverage
11:22 - 3 Ways To Leverage Time & Money
15:26 - What's This Video's Goal?
15:53 - Which Idea Are You Most Interested In?
16:20 - Join Our Community

DISCLAIMER: This video either has links to my own products or affiliate products so any purchases you make from the links clicked in this video I will earn a commission with it. Results are not typical. I am a professional internet marketer with years of experience and do not guarantee you will achieve the same results.
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Myron speaks all over the world to large audiences with thousands of people.

(He’s a business-man preacher like me.)

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How to sell covered calls for passive monthly income - learn options trading
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Covered Calls:
When you own 100 shares of any company you can sell covered calls on your position and collect a payment called a premium simply for selling that option. This premium is paid to you by the person on the other side of the trade who is buying that option. Now it’s called covered calls because your position is covered by the 100 shares that you own. You are putting up the shares as collateral for this trade in case the trade goes against you and you are forced to sell your shares- You must have a collateral of 100 shares for each 1 option contract that you sell. So let’s say you own 100 shares of a stock and decide you want to sell a covered call on the stock. Here’s what’s going to happen step by step. You pick a strike price and expiration date for the option that you want to sell. The strike price must be higher than the current price of the stock. This is called selling Out-Of-The-Money Calls.

Company X is trading at $50 right now. I decide I am going to sell covered calls on my position so the first thing I have to do is choose a strike price I don’t think the stock will reach by a certain date. Let’s say by next month I don’t think company X will reach $55 which would be a 10% increase for the stock. So I pick to sell an option with a strike price of $55 and an expiration date of 1 month out. Once I sell this option a few things will happen. First the brokerage will put aside the 100 shares that I own as collateral for the trade. These are still my shares but I just can’t do anything with them before I exit out of my options trade. Secondly, I will get paid a premium for selling this option paid to me by the option buyer. Now this premium is put into my account right away. In this case lets say the premium is $2. I will get paid $200 because remember 1 option contract controls 100 shares so we multiply the premium by 100 for each contract - so boom I get paid $200 into my trading account.

Now at this point 1 of 3 things can happen with the trade.
Scenario #1 - the stock price does not reach the strike price by expiration. (That’s good)
Scenario #2 - the stock price reaches and exceeds the strike price by expiration (That’s bad)
Scenario #3 - You decided to close your position before expiration by buying back the contract and closing the trade.

Can you lose money selling covered calls? if you own stock and already are in the profit on your stock position then you CANNOT lose money selling covered calls and waiting until expiration. The worst thing that will happen is you’ll lose your shares - not lose them but be forced to sell them at the strike price. You might feel like you lost money if your stock shoots up way past the strike price - and you are forced to sell at a lower price - but you only lost the chance to make that extra profit. Remember, you should always sell calls at strike prices above where you bought the stock because then you’ll always be in the profit and whether or not your shares get called away you’d still make money

Do you get to keep the premium if your shares get called away? Yes - the premium gets deposited into your trading account right away and is yours to keep because you did not have to buy the option back. The option will be exercised and you’ll lose your shares but get to keep the premium.

What happens with my collateral - so when you put up collateral you can’t do anything with the shares until the option position is closed. The shares will be released back to you the day after the option expires or right away if you close your position early. Once you have your collateral back you can go ahead and sell another call using the same collateral for the next week or the next month.

Will I have to pay taxes on the premium I collect? Yes, simple answer - just like any trade, if you make a profit you will be subject to the all mighty short term capital gains tax so you’ll definitely want to keep that in mind and plan for that.

I am not a financial advisor - none of the above video is meant to be taken as investment advice. I am just showcasing MY own strategy and my investments should not be tried and duplicated based solely off the information in this video for risk of losing money.

Men used to tend toward jobs in which they work with things (farming, construction, factories, etc.), while women tended towards home and family or jobs in which they work with people (teaching, nursing, stewardess, etc.). A few people worked with ideas (lawyers, philosophy professors, clergy). Today it's less evident than it used to be. But maybe men still yearn to make, manipulate, or fix things so they have hobbies. Men working in agriculture: 1900 = 38%; 2000 = 10%. Does having things in his life help keep a man sane? What happens when faith is obliterated? From 1860-1960: Marx - Secular morality; Darwin - Secular origin story; Freud - Secular s*x, Einstein - Secularism = All is relative. Abandon naive confidence in higher education to instill moral awareness of right and wrong. Check out my May appearance in Orlando: www.TheProvenConference.com/lapin About 30% of Americans have a university degree but they are governed by the US Congress of which 96% of members have a university degree. Like William F. Buckley, I'd rather be governed by an auto-mechanic than by a professor.

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26:30 - See Rabbi Lapin speak in person - The Proven Conference https://www.TheProvenConference.com/lapin
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51:05 Faith and socialism's impact on society.
51:40 The Holistic You https://a.co/d/2RKFOZ2
58:13 Relying on institutions for moral values.
1:02:04 Education, values, and anti-Semitism.
1:09:54 University bias and its impact on society.

Author of “Business Secrets from the Bible,” Rabbi Daniel Lapin reveals the clear link between financial success and staying true to your faith.
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Want to learn how to buy a business? (Free Consult): https://contrarianthinking.biz/youtubefam

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Who do you think makes more money post-college: consultants and bankers, or people who buy businesses? You guessed it!

Today I'm going to be telling you the smartest way--hands down--to get to 5 figures of monthly income.

It is the best way to hit $10,000 per month. It has the lowest failure rate (which is especially important in 2023), allows for income on day one, and it's how the largest percentage of people on the Forbes 500 list made their money.

And it all starts with two words that I'm known for (comment below if you know what they are so I can see who's been doing their homework)! It's as simple as buying people's businesses, and using other people's money to pay for it. It's not only possible, it's necessary!

There are way more businesses than buyers, and today I'm going to teach you how to replace your W2 income by buying a business, how to finance a business by using other people's money, and the 4 different ways we can cash flow so you can buy your businesses.

**Get social with us:**
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The BE AN ADULT SECTION 🤗
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.

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Here’s an entirely revolutionary way to see money. Adopt it for yourself and don’t be surprised to see dollars flowing toward you.

Rabbi Daniel Lapin, known world-wide as America's Rabbi, is a noted rabbinic scholar, best-selling author and host of the Rabbi Daniel Lapin podcast. He is one of America’s most eloquent speakers and his ability to extract life principles from the Bible and transmit them in an entertaining manner has brought countless numbers of Jews and Christians closer to their respective faiths. He reveals how the world REALLY works and reminds us that the more things change, the more we need to depend upon those things that never change.

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Do you offer a high-ticket service for your clients - coaching, law services, software services, etc.? Do you want to know how to close more clients? Watch this video to find out how to get better at sales.

Dr. Myron Golden shares the best sales training tips in his live interview. You’ll learn the sales secrets and strategy Myron used to sell over $3MM worth of services in only 27 minutes. His sales training techniques can be applied to any B2B business or B2C business to help you make millions of dollars.

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Start your new business with these top 10 trending business ideas in 2024. Also, like, share and subscribe young entrepreneurs forum channel to get future videos.

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Thanks for watching Top 10 Trending Business Ideas to Start a New Business in 2024.

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