In this episode of the "Monetize Your Ministry" podcast, Kymone discusses the best business to start in 2025, highlighting the potential of service-based coaching or consulting. Kymone outlines the benefits, such as low startup costs, flexible schedules, and leveraging existing skills. Practical steps are provided to help listeners identify their strengths, define their target audience, and create a simple offer. Real-life success stories are shared to inspire listeners. The episode concludes with an invitation to a free workshop aimed at helping individuals make their first $5,000 in 60 days.

Free Workshop: How to Make Your First $5K in 60 Days: mymworkshop.eventbrite.com

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00:00 Introduction to the Best Business
Overview of the best business idea for 2025 and its benefits.

00:22 Welcome to the Podcast
Introduction to the "Monetize Your Ministry" podcast by Speaker 2.

00:50 Exciting Episode Announcement
Host expresses excitement about the episode and its potential impact on listeners.

01:07 Call to Subscribe
Encouragement to subscribe on various platforms, highlighting past interviews and episodes.

01:50 Free Workshop Invitation
Invitation to register for a workshop on making the first $5,000 in 60 days.

03:22 Importance of Making Money
Discussion on the necessity of validating a business by earning income.

04:20 Overcoming Business Myths
Addressing the myth that a unique idea is needed for success in business.

05:21 Service-Based Coaching Introduction
Introduction to service-based coaching or consulting as the best business idea for 2025.

06:17 Need for Coaches
Emphasis on the demand for coaches and the benefits of having one.

07:18 Benefits of Coaching Businesses
Discussion on low startup costs, flexible schedules, and leveraging existing skills.

09:22 Global Coaching Industry Statistics
Highlighting the growth of the coaching industry and its potential for new business.

10:24 Three Steps to Start a Coaching Business
Introduction to three actionable steps for starting a coaching or consulting business.

10:44 Identifying Core Strengths
Encouragement to identify personal strengths and passions as a starting point.

11:44 Defining Target Audience
Importance of selecting a target audience to effectively serve and market to.

12:51 Creating a Simple Offer
Advice on developing clear packages and offers for coaching services.

15:05 Packaging Coaching Services
Discussion on different formats for coaching services and how to present them.

16:09 Success Stories
Examples of successful coaches who started with their existing knowledge.

19:29 Encouragement to Start a Business
Final encouragement for listeners to take action on starting a coaching business.

20:14 Closing Remarks and Workshop Reminder
Wrap-up of the episode and reminder to register for the upcoming workshop.