6 Types Of Things You Can Sell

Summary

• I look at what to sell by categorizing it into products, services, SaaS, access, risk, and money.
• Products are tangible things that you can put in someone's hand.
• Services are tied to time, either the time to learn a skill or the time to perform it.
• SaaS includes software and apps that people pay for to solve problems.
• Access can be sold, like creating events where people pay to join and participate.
• Risk involves things like insurance, where you offer protection for valuable items.
• Money can be offered through lending or financing options for specific needs.
• If someone loves model cars, they can sell the cars, build them for others, or use technology to help design them.
• You can create events to gather people with the same interest and charge for participation.
• Ensuring valuable collections is another option, allowing people to protect what they cherish.
• Lastly, lending options can be offered to those needing financial support for their hobbies or collections.

Video

How To Take Action

I would suggest starting by identifying what you love or a particular interest you have. Let's say it's model cars. You can take this passion and turn it into various business opportunities by thinking creatively about the six categories: products, services, SaaS, access, risk, and money.

A good way of doing this is to create a simple product to sell. For model cars, you can sell kits or parts. It's low-cost to start and doesn't take much time to set up online.

Then, consider services. Maybe you build model cars for others who don’t have the skill or time. This is a service tied to the time it takes to build.

Explore software solutions. Think about developing or using software to design custom cars, which could be a SaaS model if there's enough interest.

Organize events around your interest. Host gatherings where enthusiasts can show off and race their cars. Charge entry fees, so it’s an access-based model.

Think about offering risk protection. If people have valuable collections, offer advice or services on insuring them. This taps into the risk category without extensive cost or time.

Lastly, consider financial solutions. Maybe some collectors need financial assistance. If possible, explore offering lending or financing options in alignment with your interest.

Focus on these ideas to transform your hobby or passion into a productive business using low-cost, high-value strategies.