What are the 3 worst businesses?

@charlielawrance

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Why it worked

The video uses a common content format of listing "worst" or "hardest" things, which is inherently engaging and shareable. By highlighting the difficulties of traditional businesses and subtly positioning online ventures as a better alternative, it appeals to aspiring entrepreneurs looking for easier and more profitable paths, aligning with the promoted AI business service.

Summary

The video discusses the three worst businesses to start: retail store fronts, restaurants, and hotels. It explains that these businesses are expensive to start, have high failure rates, and require significant capital and operational effort. The creator suggests focusing on online businesses instead.

Structure

1Introduction of the topic: 3 worst businesses
2Reason 1: Retail store fronts
3

Original caption

3 Worst businesses? is she correct? #sidehustle #onlinebusiness #entreprenuer

More from @charlielawrance

Product placement

The video mentions and implicitly promotes Accio Work, an AI business team that turns ideas into profits, as indicated by the creator's bio link. The content discusses the challenges of starting traditional businesses like retail, restaurants, and hotels, suggesting that online ventures are more profitable and accessible, aligning with the services offered by Accio Work.

On-screen text

WHAT ARE THE 3 WORST BUSINESSES? 1. RETAIL STORE FRONTS. ONLY DO THAT IF YOU WANNA SELL LIVE LAUGH LOVE SHIRTS TO YOUR LITTLE HEART'S DESIRE; BUT YOU ACTUALLY WANNA LOSE SOME MONEY. REALLY HARD TO MAKE MONEY. DON'T DON'T DO RETAIL EXPENSIVE STORE FRONT SUPER HARD TO WIN. THE SECOND ONE IS HIGHEST FAILURE RATE OF ANY BUSINESS, AND THAT'S BECAUSE DOESN'T STAY OVER TIME. WHO'S SETTING UP RESTAURANTS THAT IS SPENDY BASICALLY DOESN'T STAY OVER TIME. THIS IS AT THE MOMENT SHOWING ME DON'T DO ANYTHING IN REAL LIFE AND DO EVERYTHING ONLINE CAUSE IT'S BETTER YOU ALSO HAVE A REALLY TOUGH LABOR POOL MEANING, THE PEOPLE THAT YOU HIRE MOVE IN AND OUT FREQUENTLY. AND MOST PEOPLE DON'T HAVE LOYALTY TO RESTAURANTS EXCEPT THOSE THAT HAVE EXISTED FOR A LONG PERIOD OF TIME. I MEAN THE REALLY BOUGEIE ONES FOR A LONG PERIOD OF TIME. I'VE DEFINITELY GOT SOME LOYALTY TO BUT REGULAR ONES, YEAH YOU'RE RIGHT 3. HOTELS WHICH ONE OF THE ONLY BUSINESSES WHERE YOUR CLIENTS EXPECT YOU TO DELIVER THEM SOMETHING, AND FIX PROBLEMS FOR THEM 24/7 IF YOU'RE THINKING ABOUT SETTING UP HOTELS YOU GOTTA HAVE ABSOLUTE BANK IN ORDER TO BUILD A HOTEL AND OR JUST BUY A HOTEL ALL OF THESE BUSINESSES ARE ACTUALLY REALLY EXPENSIVE TO START THAT'S THE BIGGEST THING HERE LIKE YOU WANT TO START A BUSINESS AND BE AS PROFITABLE AS FAST AS POSSIBLE UNLESS YOU'RE RAISING INVESTMENT AND THEREFORE NONE OF THESE BUSINESSES BECAUSE LET'S BE HONEST YOU COULDN'T START A PHYSICAL SHOP RESTAURANT OR A HOTEL WITH THE MONEY THAT YOU HAVE IN YOUR BANK ACCOUNT RIGHT NOW LET'S BE HONEST AND IF YOU COULD THERE WOULD BE BETTER WAYS TO SPEND THAT MONEY DEFINITELY AVOID ALL OF THESE CODIE'S HUNDRED PERCENT RIGHT

Transcript

What are the 3 worst businesses? One retail store fronts. Only do that if you want to sell live laugh love, shirts to your little heart's desire, but you actually want to lose some money. Really hard to make money. Oh, don't don't do retail. Dramatic business. Expensive store front. Also, you buy your inventory up front, sell it months later, super hard to win. The second one is restaurants. Highest failure rate of any business, and that's because you have inventory that doesn't stay over time. No, who's setting up restaurants? That is basically, this is at the moment showing me don't do anything in real life and do everything online because it's better. You also have a really tough lever for me the people that you hire move in and out frequently and most people don't have loyalty to restaurants except those that exist for a long period of time. I mean the really busy ones I've definitely got some loyalty too but regular ones yeah you're right now. The third are hotels which one of the only businesses where your clients expect you to deliver them something fix problems for them 247. have absolute bank in order to build a hotel and or just buy a hotel. All of these businesses are actually really expensive to start. That's the biggest thing here. Like you want to start a business and be as profitable as fast as possible unless you're raising investment. And therefore, none of these businesses, because let's be honest, you couldn't start a physical shop, restaurant or a hotel with the money that you have in your bank account right now. Let's be honest. And if you could, there would be better ways to spend that money. Definitely avoid all of these. Code's 100% right.