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Starting a business

Find a niche you can start cheaply

Low-cost niches worth a closer look.

Best for
Anyone starting on a tight budget
Est. time saved
2+ hours
Works with
ChatGPT, Claude and Gemini

When to use it

  • You want to start something small without much money.

When not to

  • As a promise of income. These are ideas to test.

What to have ready

  • Your skills
  • What you have: time, tools, contacts
  • Your budget

The prompt

Fill in the [BRACKETS], then paste it into ChatGPT, Claude or Gemini.

› the prompt
You're helping me find niches I could start in cheaply. This is a list for me to choose from.

My skills: [YOUR SKILLS]
What I have: [TIME, TOOLS, CONTACTS]
Budget: [E.G. $2,000]

Please:
1. Suggest five niches that suit my skills and budget.
2. Put them in a table: niche, who it serves, start-up cost, what makes it a good fit for me, and the main risk.
3. Say which you'd test first and how.
4. If you can browse the web, show a link for any facts you use. If you can't, say so.

Rules:
- Stay within my budget.
- Don't invent earnings, demand or figures. Label anything you can't back up as "unchecked".

Example input

A made-up example of what the brackets might say.

Skills: bookkeeping, Excel, patient explainer. Have: evenings and weekends, a laptop, friends who run small shops. Budget: $1,500.

Tips

  • The cheapest test is often to offer it to one person you know.
  • Pick a niche where you can name ten potential customers already.

Related prompts

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