Have you ever thought about starting a business that involves helping others?
Just about everyone needs to do something for income. Some work a job. Some start a business. Starting a business with the specific intent to help others is definitely not on everyone’s radar. But it is very commendable. And, it is also very doable.
In this article we will answer the question, “What if I want to start a business that truly helps others?”
What types of businesses help others?
The answer may come as a bit of a surprise to you at first but when you give it a little thought, it will make perfect sense.
The answer is, all businesses help others in some form or fashion. Yes, it’s true. The key ingredient of any successful business is adding value to someone else’s life. Value they are ready, willing and able to pay for.
Let’s think about this for a second and you will quickly begin to see what I mean.
Example #1: Wal-Mart
Wal-Mart adds value to the lives of millions of people every single day. Whether we need food, clothing, toiletries, or just about any other essential (or non-essential) item we could possibly think of, Wal-Mart is there to help us get what we want and need, usually on a 24/7 basis.
Remember the beginning of the COVID-19 outbreak when people were hoarding toilet paper? People were losing their minds about toilet paper. People quickly realized they didn’t just want toilet paper, they NEEDED it!
There were even news stories of fist fights over such a seemingly simple commodity. It became painfully apparent that all of these years, Wal-Mart had been adding great value to the lives of others by ensuring toilet paper was readily available on their shelves. Who knew!?! LOL! If that in and of itself doesn’t do an absolutely excellent job of demonstrating the awesome value Wal-Mart adds to the lives of others, I don’t know what does.
Example #2: Your neighborhood hospital
What? You had never really thought of the hospital as a business? Trust me when I tell you, their board members sure do! And the value they add to people’s lives is second to none. They save people’s lives and charge a healthy sum to do it.
Example #3: The kid down the street who has a lemonade stand
Although it may be on a much smaller scale, the same concept holds true here too. That young man or woman is helping to quench the thirst of adults who happen to pass by the stand during the dog days of summer. That kid is adding value to the lives of others and they are happy to pay for that value add.
Example #4: Restaurants/Bars/Movie theatres/Etc
Sure, people need to eat. But, people like to be entertained too. If they didn’t, peanut butter and jelly sandwiches could cover every meal. But we both know, that isn’t the case. People like to go out for entertainment. And, they pay handsomely for it.
According to the National Restaurant Association, that industry alone comes in just shy of a trillion bucks a year! That’s quite a big chunk of cash all in the name of entertainment. Restaurants and other similar types of entertainment venues definitely create value in the lives of others.
Example #5: Education
Right now, you are reading this because I plunked down a fat stack O’ cash so I could learn what Jim Harmer and Ricky Kesler had previously figured out and were willing to teach me for a small fee. I paid them for access to their Project 24 on their Income School website. And, you know what? It was worth every single penny I paid (and, truthfully, much, much more!). Their education program taught me what I should and shouldn’t do, how to do it, what would be involved and everything else imaginable with starting an online business.
How Can YOU Start A Business That Helps Others?
As we discussed above, you must come up with an idea that has the ability to add value for others. Starting a business just to make money is never a good idea and rarely works out well because your heart just isn’t in the right spot. Starting a business with the intent of adding value to the lives of others while you are creating an income for yourself is a fantastic place to begin!
I started Advance Dynamix with the specific thought in mind of helping others such as yourself to learn what I have learned through fifty-plus years of reading, studying and experience. And, to be the encouragement and motivation you may need to create an awesome business for yourself while you are helping others at the same time.
Do you want to build a physical product based business, a service based business, a digital product business or a combination of these? Digital products are definitely my favorite by far. I discuss why they are my favorite here.
What do you have an interest in? Maybe you like tinkering with small engines and know everything there is to know about them? Maybe you enjoy everything there is about cute hairless cats? Maybe you know everything there is to know about modding Super Sport Chevy Camaros.
And, most people don’t realize this but you don’t have to be an expert on the topic you choose. You just have to love it. There is no magical time frame between the time, you learn something and the time you teach that something. What is one of the best ways to learn something? The answer is to teach it. Say for instance, I have always wanted to get into xeriscaping. I could totally build a business around learning and then teaching xeriscaping. You could (and should) too! Not around xeriscaping (unless that is the topic you love) but around an awesome topic you get really fired up about.
Whatever your love is, there are others out there who want and need your knowledge (and the new knowledge you accumulate) and would love to find out exactly what you have learned through the course of your research and experience.
And, don’t give me that crap that there’s already someone else out there who knows everything there is to know about hairless cats. What if Costco or Target would have given up even before they got started just because they thought Sam Walton had already sewn that market all up? What if Sam Walton would have never even tried because the Coast to Coast and TG&Y stores already had it all figured out? Competition is good. It will always be a thing. Don’t let a negative attitude stop you from doing what you love all while helping others.
You have an individual voice and personality that is different from anyone else. Focus your effort on doing your thing better than they do theirs and let ‘er rip, taterchip!
Get It Put Together RIGHT!
Remember we talked earlier about Jim and Ricky? This is my favorite part of Jim’s story. In 2009, Jim earned his bachelor’s degree in Idaho and headed off to law school in Florida. He and his wife were now on the opposite side of the country and flat broke.
It was over a decade ago, Jim was going to law school so he could become an attorney when his life took a somewhat unforeseen turn into the world of building an Internet-based business. And then another Internet-based business. And then another. And another. He’s successfully repeated the process many, many times and created millions of dollars in the process.
While Jim was in law school, he started out building his online business by building a website called Improve Photography.
Photography is a passionate hobby of his. He loves the topic, knows a lot about it and has had many of his awesome photos featured in various different mediums. Many others love the topic of photography also and had the want and need to learn what Jim knew about it. And, they were ready, willing and able to pay him to do so. Voila! He was now an Internet entrepreneur!
While he was in law school, Jim read case after case where the litigants were totally fine with ruining each other’s lives all in the name of making money. He also worked in the prosecutors office where he was repeatedly subjected to the disgusting details of really bad people doing really bad things to really good people. His interest in becoming an attorney was deteriorating quite quickly.
Jim earned his Juris Doctorate, passed the bar and was offered an excellent job working for a judge. He talked it over with his wife, she supported his decision to turn that awesome job down 100% and the rest is history.
He did it. Jim built his American Dream. He made his own hours. He created an income he would have only dreamed of as an attorney. He built his business exactly the way he wanted to. And, he didn’t have to succumb to an overbearing, pain-in-the-ass boss breathing down his neck.
Up until 2019, Jim continued to earn a very significant income from Improve Photography while helping many others learn a great deal about their beloved photography hobby at the same time. He repeatedly earned over $500,000 per year for multiple years in a row with just that one site. In 2019, he finally sold that site (and multiple others) to focus his time and energy on helping people like you and me to learn to do what he had learned to do.
In addition to Improve Photography, Jim went on to create Project 24 with his good buddy, Ricky. Together, they teach what they have learned over the years to people like you and me who want and need to know how to get our website or Youtube business off the ground. And then turn it into a thriving side hustle that has the potential to replace whatever we do for a full time income today.
Although Some May Scoff & Jest, A Life Of Service Is The Best.
Starting a business that helps others and that also creates an income for you is very commendable. That being said, most of us have free time away from what we do for a living also. With that free time, we can donate our time and energy to help make a difference through many great charitable organizations.
When I was in my twenties, I considered joining local community volunteer groups such as the Kiwanis Club, Rotary, Shriner’s or something similar. But, I didn’t know anyone who was a member of any of those groups and apparently, I didn’t have the drive required to seek them out and look into them a little deeper.
I was in my forties before I found the world of volunteerism. I found much more than I initially expected.
My son came to me when he was fourteen years old and asked if he could shave his head to raise money for the St. Baldrick’s Foundation. I explained to him I would need to research the foundation and make sure they were actually using the money they raised for its intended purpose.
Once I learned The St. Baldrick’s Foundation only uses 2% of the money they raise for salaries and 70% of the money actually goes toward children’s cancer research, I knew it was an organization I could get behind 100%! My son and I shaved our heads together that year in a nearby city. The very next year, we found a venue in our town. That business has awesome owners that were extremely excited about the St Baldrick’s mission. We’ve been doing it there every year since then. And, we have an absolute blast doing it. It all adds up to great friends, great times and a great cause.
The Epitome Of Starting A Business That Helps Others
We’ve all heard the horror stories about non-profit organizations using the majority of the money they raise to pay themselves rather than use the money for the reason they exist.
Mr. Daniel Borochoff started his non-profit business that helps others to help with this very topic. Mr. Borochoff is the Founder and former President of the non-profit 501(c)(3) known as CharityWatch.org.
Charity Watch is an excellent example of starting a business that helps others. According to their website, their goal is to maximize the effectiveness of every dollar contributed to charity by providing donors with the information they need to make more informed giving decisions.
Create A Business That Will Enable You To Help Others With A Portion Of Your Profits
If you have read my eBook here, you know how dedicated I am to the St. Baldrick’s Foundation and raising money that finds cures for childhood cancers.
According to the St. Baldrick’s website, in the 1950s, almost all kids diagnosed with cancer died. Because of research, today about 90% of kids with the most common type of cancer will live. But for many other types, progress has been limited, and for some kids there is still little hope for a cure.
As I write this, I am coming up on my tenth year of being the local Volunteer Event Organizer for the St. Baldrick’s Foundation. Thus far, this event has raised over a quarter million dollars. Yes, I said $250,000! I am very blessed to have the opportunity to be a part of that great group of people!
But, The St. Baldrick’s Foundation is also one of the reasons I am building the Advance Dynamix business. As Advance Dynamix continues to grow, it will continue to raise more and more money which in turn will give me the ability to provide additional funding to the St. Baldrick’s Foundation along the way. Talk about a win/win/win!
Get Involved, Give Back And Get More Out Of Life
In addition to becoming very actively involved with the St. Baldrick’s Foundation, I also became very involved with the Fraternal Order of Eagles shortly thereafter. I began donating my time, energy and money to different fund-raising events at the Eagles on a very regular basis.
I even ran for office and was elected to an officer position at one point. Unfortunately, my job assignment changed and being an officer for a non-profit requires a ton of your time. I had to give that up for a while. But, I still get to volunteer for different events here and there.
Over the years, I have found that volunteer organizations such as the Fraternal Order of Eagles draw members who have good hearts and a strong desire to help others. People from all walks of life but for the most part, people who all have a common goal in mind. A common goal of coming together to add value in the lives of others. And, that is exactly why I love being a member so much!
Today, I have many great friends I have met while volunteering my time and effort to help others and the great organizations that support them.
As they say, “what comes around, goes around.” That statement is usually reserved for situations that have a negative connotation but it also holds just as true in the opposite sense as well.
As you begin your quest to add value to the lives of others, you will begin to see how your life begins to make positive improvements at the same time. Positive improvements you never dreamed possible. Go forth and do your thing that will help others!
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