A short YouTube-dialogue about the simplest way to start a business: sell a product to a stranger. The speakers use starting a skateboard business as a running example and mention a buyer price range of $50–$100 for a skateboard.
$50 to $100
How do you start a business?
Sell something to a stranger. You now have a business. See how we over complicate things? You want to start a skateboard business? I want to buy a skateboard. What would I have to pay you to get a skateboard?
50 to $100.
You're gonna come over here right now and shake my hand. I'm gonna give you $150 because I want a good skateboard. So good trucks, good wheels, all that fun stuff. And I will buy the skateboard. So if you buy it for 100. I paid 150. You make 50. Yes. He just started a business. Clap it up, guys. Clap it up.
