Business Idea

Start A Life Hack Videos Business

About

Starting a life hack videos business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell life hack videos, or selling life hack videos online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$37.4B
starting costs
$9.29K
gross margin
65%
time to build
210 months

About

Starting a life hack videos business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell life hack videos, or selling life hack videos online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$37.4B
starting costs
$9.29K

 

gross margin
65%
time to build
210 months

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $0 $7,000
Training & Education Expenses $0 $1,000
Software Expenses $0 $594
Advertising & Marketing Costs $0 $2,750
Website Costs $13 $215
Specific Industry Expenses $0 $100
Total Startup Costs $13 $11,659

Successful Businesses

Business URL Rank
MediaFire mediafire.com #176
CommBank commbank.com.au #975
Google google.com.af #22,125
SpeedyShare speedyshare.com #50,443
Toronto Life torontolife.com #53,322
Current current.com #53,635
Life Hacks lifehacks.io #90,014
I-Am-Bored.com domain name is for sale. Inquire now. i-am-bored.com #145,779
Latest News, Inspiring Stories, Life Hacks, Tips & Tricks fabiosa.com #166,295
Hacked hacked.com #294,835
Life Science Publishing Life Science Publishing discoverlsp.com #491,853

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a life hack videos business costs significantly less money than most businesses, ranging anywhere from 1,313 to 11,659.
Rewarding work Starting a life hack videos business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Traffic to your website A life hack videos business gives people a reason to visit your website and to keep coming back to you!
Cons Description
Crowded Space Competition is high when it comes to your life hack videos business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Constant maintenance of publication You may find yourself constantly needing to update your life hack videos business in order to stay relevant for your audience and for those searching on google.
Lack of benefits With a life hack videos business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a life hack videos business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a life hack videos business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
No safety net Typically, as a life hack videos business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.