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The 3 worst businesses to start as an entrepreneur

Name: The 3 worst businesses to start as an entrepreneur
Uploaded: 2022-04-17T21:00:08+00:00
Duration: 20 s
Channel: Shanli Liu, CPA, CTP
Description: In this brief monologue, the speaker identifies three business ideas that are oversaturated and advises against starting them in 2022. The first is a…

17 Apr 2022 · 0 min

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0:20

In this brief monologue, the speaker identifies three business ideas that are oversaturated and advises against starting them in 2022. The first is a marketing agency, which the speaker claims has become ubiquitous as everyone launches one. The second is a supplement company, likened to selling a shovel to dig for gold, implying low barriers and high competition. The third is any marketing‑automation software, such as HubSpot, where large established teams can quickly replicate new features, making it hard for newcomers to compete. The overall message is a cautionary note for aspiring entrepreneurs to avoid these crowded markets.

3 businesses I think are oversaturated, I would not start for 2022. Okay, the first one is a marketing agency. Everyone and their mother is a marketing agency now. The second business is supplements. Those companies out there selling you on why you start a supplement line, they're selling the shovel, you're digging for gold. The third one is any kind of software for marketing automation. HubSpot, they see what you're doing, they take it within a day because they've got a development team of 500 people.