Episode 750: 750 - We Bought a “Boring” Business … Then Revenue Tanked
10 business ideas · 7 case studies · Aired
Listen to EpisodeBusiness Ideas from this Episode
AI-First Business Transformation Program
An educational program designed for entrepreneurs and small business owners to learn how to transform their businesses into AI-first companies. The program includes training on AI applications, automation techniques, and systems thinking.
One-time purchase for the complete program or a tiered pricing model for different levels of access to resources and support.AI Business Automation Consulting
A consulting service that helps small business owners implement AI tools and automations to streamline operations and improve efficiency. The service focuses on automating mundane tasks and optimizing business processes for better performance.
Subscription-based model for ongoing consulting services, possibly combined with one-time setup fees for initial implementation of AI systems.Monarch Finance App
Monarch is a personal finance app designed to track all financial accounts, investments, savings goals, and spending in one place, simplifying financial management for users.
Subscription-based, with an introductory offer for the first year at half price.Local Services Business Acquisition Strategy
A consultancy service that guides entrepreneurs in acquiring local service businesses, focusing on due diligence, valuation, and integration strategies to maximize profitability post-acquisition.
Commission-based model charging a percentage of the acquisition price or a flat fee for consulting services throughout the acquisition process.Targeted Google Ads for Local Services
A service that specializes in running targeted Google Ads campaigns for local service businesses, helping them to acquire new clients and retain existing ones.
Performance-based pricing model or monthly retainer based on campaign management.Automated AI Receptionist
An AI-powered virtual receptionist that automates phone calls, schedules appointments, and manages customer inquiries for local service businesses.
Freemium model with basic features for free and advanced features available for a subscription fee.Automated Marketing Solutions
A service that provides automated marketing solutions using AI to help local service businesses increase their leads and customer engagement through targeted advertising and social media strategies.
Subscription-based model where businesses pay a monthly fee for ongoing marketing services, including AI-driven ad management and social media content creation.Business Acquisition Consulting
A consulting service that guides entrepreneurs through the process of acquiring small businesses, providing insights on due diligence and operational management.
Consulting fee structure, with initial consultation fees and ongoing advisory retainers.Leadership Training for Entrepreneurs
A training program focused on developing leadership skills for entrepreneurs, particularly those who have faced challenges in managing their businesses effectively. The program includes workshops, one-on-one coaching, and resources for improving decision-making and team management.
Freemium model offering basic resources for free and charging for advanced workshops and personalized coaching sessions.Automated Customer Feedback System
A tool that automatically sends follow-up emails with service pictures and satisfaction surveys after each service, enhancing customer retention.
Subscription model with tiered pricing based on the number of clients or services tracked.Case Studies from this Episode
Java
A CRM platform tailored for cleaning and landscaping services.
Not mentioned in the transcript.
Landscaping Company
A business that provides landscaping services, which Andrea and her husband manage.
The company had consistent revenue of $70K months and has seen profitability improve significantly after implementing automation and better management.
South Florida Landscaping Business
A landscaping service that was acquired by Andrea Palacio and her husband.
Revenue dropped from $70,000 per month to $40,000 shortly after acquisition but was later rebuilt to about $65,000 - $70,000 per month.
Andrea Palacio AI
A consulting business that helps business owners implement AI solutions to streamline operations and improve efficiency.
Not mentioned in the transcript.
Make.com
A platform that allows users to automate workflows without needing to code.
Not mentioned in the transcript.
Cloud Code
A tool that helps automate various business processes and systems.
Not mentioned in the transcript.
Monarch
A personal finance app that tracks accounts, investments, saving goals, and spending in one place.
Users can get their first year of Monarch core for half off, priced at $50 with a promo code.
Every idea from The Side Hustle Show
This is one episode of The Side Hustle Show. We've extracted ideas from every episode we could get our hands on.
See the full The Side Hustle Show archive →