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Hot, High Profit NON-Internet Business RIGHT NOW (44)

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What are some Hot, High Profit NON-Internet Business RIGHT NOW where the initial investment amount isn't more than let'say 10-20k?

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Check out: http://www.inc.com/inc5000/list
A list of some of the fastest growing companies right now.
You might find a couple good ideas.

I would also look for franchises. You can find a lot of franchises that have a starting investment of <20k.
Than just copy a business idea you like.

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Not sure where you live, but I own a commercial cleaning company that practices "GREEN" cleaning. We have 13 employees, and lets just say the margin for profit is really really high (50-65%). Supplies and insurance is very cheap, and all I have to pay is wages and taxes, everything else is PROFIT. Also, I started the business 4 years ago under 2k. So, that's a pretty stable recession-proof business. EVERY BUSINESS NEEDS CLEANING!

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anyone into exports/imports or real estate?

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Tech, but not Internet = Software. Find a business niche, find their problems, keep digging around until you find one of their problems that could be solved by software. Go develop that ($2k - $10k) and sell it to them on a recurrung fee. Even better: pre-sell it to some businesses, in return for a lifetime 50% discount. Google 'Dane Maxwell' and listen to a few of his free videos (there's one from a student of his on Mixergy) and you will get the idea.

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Trading penny stocks. Tim Sykes is an old buddy of mine and he's legit, several of his students have become millionaires.

If I wasn't focused on internet marketing, that's what I'd be doing... affiliate marketing is very similar to daytrading I think.

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I personally dont know of any non internet businesses that are really hot right now, and I work with a lot of businesses. Some more bricks and mortar based online businesses are though, like hosting for example? You could get into that with the money your suggesting? Or you could get into selling sex toys in Ecom, or body building supplements, their hot right... always. The profit margins are HUGE and the volumes are even bigger.

Also there are some long standing bricks and mortar business that though there not HOT they have good track records of consistent income, however even those are driven by online leads. Some examples that I am personally aware of are 24 Hour Gyms, CrossFit Gyms, Commercial Cleaning, water tanks (<- i like this one) and maybe a retro coffee shop. All pretty difficult to get into for less than 100k though.

Problem is "high profit" and "non internet" are contradictory, the internet has set a new benchmark for "high profit". Though you can make a profit off line, in comparison to the potential to online its a tough task to find. For example, I sell links in a Private domains network that cost me $5k to set up. I lease out the links and make just under $8k/month from it, that took me 3 months conservatively to organise, and thats one hell of an ROI. No offline business is going to give you $32k/month profit after three months and a 20k investment. You can buy a ute and some lawn mowers, spend many hours a week managing your staff for 20k and after a year if you did a really good job and you didn't have any bad luck you could maybe break even.

Now you could argue that the domains network is not as secure or stable as a bricks and mortar business and you would be absolutely right, it was just an example.

Sorry i know you didn't ask for a lecture but writing that helped me appreciate being in online business (used to own a lawn mowing service).

Si

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Oh i see there are a number of replies, i had this page loaded from last night. Told you commercial cleaning was hot stuff

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Dude commercial cleaning is money. If ya'll want to start something like that. You can check out my company and see what we do, and rip my website and create your own.

www.nworganiccleaning.com

I like it because it's steady income, and I don't have to do much with it, but just cash my checks and make sure employees are all good.

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Not really.

Take a look at the most profitable companies in the world. None of them are really "pure play" Internet companies



As for business that you can start with < $20K, it is impossible to give any advice whatsoever without knowing what skills, assets and relationships you bring to the table. It may be better to start with that first.

• What skills do you have? What is your educational background? Where have you worked before? Do you have any special know-how?
• Do you have any special assets, technologies, brands, or reputation that you can leverage?
• What is the strength of your professional relationships? Do you have privileged relationships with any potential players in an industry, whether suppliers, buyers or partners? Do you have relationships with capital providers or special access to employees/contractors?

95% of all new businesses fail. This is a fact. And it doesn't matter if this is online or offline. Even in affiliate marketing, 95% of the people who do this would be better off, in the long run, in a more traditional career path. 2-3% of them do okay. And 1-2% do extremely well.

So unless you are starting with, or can quickly develop, some sort of competitive advantage, chances are very high that you will fall into that statistic, regardless of what business line you pursue.

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Some valid questions there, but you; as a guy who buys and sells (flips) businesses, how would you answer your questions? I want to buy and sell.

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Touché CMDeal, I should have stipulated "small business".
And solid point on the "what skills and assets do you have" observation.

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Have you watch a TV series called "the profit"?

Without exaggeration it is the most educational course on business I have ever come across.

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One point on the "skills and assets" issue: an error I've noticed again and again in people I've coached or advised on business setup is that they'll fail to realise what their strengths really are.

The problem most people face in that regard is that they don't notice their strengths, because they consider the tasks that they perform using them "easy". And thus, they assume that everyone can do that, or they just don't think about them at all.

It's really worth thinking about what tasks or challenges your skills allow you to not just meet, but utterly crush - even if you think they're commonplace.

For example, a very large number of people on Hacker News or similar would consider their ability to set up and configure a Linux server to be utterly trivial - in the "why would anyone pay for that?" category. Yet, as I'm sure a significant number of STMers will attest, for many other people that's a skill they're very willing to pay for.

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How much time do you put into maintaining and managing this business? It's interesting timing, I have a friend who cleans my apartment, who a referred to some of my mates who need their places cleaned too, but she literally does not have enough hours in the week to keep up with demand, so she got her mates to help out for some of the jobs. I told her to start her own company.

This is happening in Amsterdam. If you could target just the expats and airbnb market, I think you could have a really nice business going.

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Merry Maids cleaning company parent ServiceMaster acquired for $4.7-5.5 Billion ... Volkad, you're next!

http://www.entrepreneur.com/franchis...282578-0.html#

http://www.bloomberg.com/apps/news?p...dPU&refer=home

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following in cmdeals post about that weed game being #1, the highest yielding offline business u can make for 10-20k is marijuana grow op LOL

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@ad surfer - tim sykes is badass.... love his blogging and his fb posts are hysterical. seems to have the penny stock thing down cold.

was supposed to meet him and his partner in miami for com mirza's mastermind, but we weren't able to connect.

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Mr. Green,

So, my business in Oregon (United States) mainly focuses on the commercial aspect of cleaning. We also service homes, but there's not much volume in there, even though the profit is higher. I prefer commercial over residential cleaning always, because with commercial it's always a steady income, and you're dealing with high monthly costs ($500.00-$8,000) since commercial offices/buildings are a lot larger and need servicing a lot more frequent. For residential the monthly cost would be anywhere between $100.00-$500.00. The profit margins on residential homes are a bit higher, since it's low volume, but then you have to deal with homeowners.

I would target AirBNB market, but dealing with those people would take a lot more managing of the business. As far as how much time per day, I would say no more than 1-2hours per day, and that's mostly invoicing clients, following up with clients, and following up with employees. I have a supervisor that I pay hourly to do all of that, and he also cleans. I currently work on referrals, since we are well known here in Portland.

If anyone is actually curious in how to start it off, I would gladly help. It's a six figure business, not a seven figure business. So, if someone wants to make over a million in commercial cleaning, then I would focus on affiliate stuff, or something else. I make only six figures a year (which is pretty good), but again, I don't really do much, and now I'm focusing all my time on affiliate work.

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Volkad how in the world did you get into cleaning business in the first place?

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I've actually franchised out last year, and it was to my buddy in Los Angeles. He's not doing that well with the business. Not sure if there's too much competition over there, or it's just him. Also, it's expensive and time consuming to franchise out for me. I was thinking of just expanding the business into Seattle this next year.

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Haha right? So random! My mom actually did residential cleaning, she worked for a cleaning company doing that. Since we were immigrants from Russia in 1996, and she didn't speak English well, she cleaned. My dad did it too, before he became a trucker. My mom then started a very small residential cleaning company, and I've helped out a lot. So, I knew some of the ins and outs of the business. So, the idea kinda came to me in college 4 years ago. Why not start a commercial cleaning company, and be all GREEN, and Organic. Portland is full of hipsters, and they're all about being environmentally friendly.

Oh and I'm 24. So, I started the business when I was 20.

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Very cool story. Being green buzz.. how are you green in cleaning? You use vinegar instead of cleaning chemicals?

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Great idea for the city, hows it going?

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Actually white vinegar is probably our most used cleaner, and it's VERY cheap! I buy it in bulk, and we dilute it with a bunch of water. For the industrial strength stuff, we use a local company here in Portland that makes industrial strength green cleaning supplies, and I buy those in a drum of 55 gallons that is to be diluted in water. Overall, cleaning supplies are VERY cheap, the expensive stuff is the backpack vacuums, and micro fiber rags.

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It's going really well. Just signed 3 new accounts this last week. So, been busy scheduling employees to services that. Thinking of hiring another full-time employee in the coming weeks.

Here's our website by the way. www.nworganiccleaning.com

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Very cool. Well done!

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I see the future. Cmdeal The Profits you and makes it a successfull franchise nationwide! Hehe

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Volkad that's awesome! How much time do you spend to maintain the business, or is it all 'automated'

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I would say maybe about 1-2 hours a day I would focus on my clients, and employees. The day to day operations is usually handled by my supervisor. The business is pretty much on auto now, the only thing I have to ever worry about is complaints from clients, and crappy employees. That's why I have so much time to invest on AM right now.

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While I applaud your early entrepreneurial efforts, I really would suggest that you do not just sit back and rest on your laurels.

Instead, I suggest that you start trying to find ways to build up barriers to entry to protect your current business and any future expansion plans you may have. Right now you are a little like the Internet marketers who got into Adwords or Facebook relatively early, before there was too much competition. As these folks have found out, excess profits tend to get competed away very quickly unless you are able to build up some wide "moats" around your business. Very few of these folks are still around, and the ones that are were able to quickly build up some sort of sustainable competitive advantage.

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@volkad This episode of "The Profit" might be useful to you. He invests in an eco cleaning company, and helps them get into profit.

http://watchseries.lt/episode/The_Pr...13)_s1_e4.html

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Ha Mr Green, I actually was on the brink of starting an eco (cleaning) products company here in Belgium because of that episode when I watched it a couple of months back. I then realised I dind't know anything about chemicals production, so I landed a job at a chem company instead to learn the ropes and quickly build capital too.

*edit: Realize this is my first post and I haven't introduced myself yet. I'm a 22 year old guy from Belgium with a brief history in IM, and I also did a bit of flirting with AM and paid advertising in my early college years (never had a decent budget back then though).
Right now I'm mainly lurking while I'm building sufficient capital from my first job after graduation.

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@achrafha see if you can twist @volkad to do some kind of licensing deal! Get his set up and processes in exchange for giving a way a slick of your pie...maybe he might even want to invest! :P

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Haha I like the way you think! What about it volkad?

I know what business to talk about now when attending an STM meeting in the future

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If that is the case, you should tell her--first and foremost--to raise her prices.

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^^She might get the wrong idea, and raise prices working for me.

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Dude we should work together!

skype: victor.zdor

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I don't understand how someone can't profit from a cleaning company, they have to be doing a lot of things wrong. I feel like it's too straight forward not to profit. Maybe it's just me.

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There are thousands of ways in which you can lose money with any business. (Usually people mistake early business success with ease, when in fact, they just happened to stumbled upon a very unique, initial set of favourable circumstances.)

This is why scaling any small business is quite hard.

If it is indeed as easy as you say, however, then you should probably stop wasting time with IM immediately.

If you are netting 6 figures right now with your cleaning business, and you can replicate this very easily, then you should quickly stamp out the formula so that you have 25 branches of your business ASAP.

Then this becomes a 7 or potentially 8 figure business, and it starts to become interesting.

If you continue to build this up and sell it at halfway decent EBIT or EBITDA multiple, you will be wealthier than 99% of the people doing IM.

Veolia currently trades at 27.5 x earnings, so even if you only achieve an earnings multiple with a 90% discount to Veolia's, you will do perfectly fine.

My suspicion is that you will find all this is not as easy as you initially imagine, but honestly speaking, I would be delighted to be proven wrong.

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Well it's a great business and all, but I would NEVER want to scale. The problem with scaling this business anymore than where I am at now, is employees. It's really hard to come by good employees, and the turn around rate can be quick. I'm doing AM so I can just sell of the business and move away from Oregon. I wouldn't want to start another cleaning company, because it's easy to profit, but it's not easy to start one without a reputation in the city. I also tried franchising, but that backfired on me, and I lost a lot of money on that deal.

By six figures, I mean LOW six figures. I just broke six figures last year.

So, when I said east to profit, I meant it's easy to make 6 figures with this business in a few years (2-3 years), but I would rather make that kind of money with IM and travel, and not have to stress about employees and clients, if that makes sense. The goal is to start a online marketing firm next year, and have my own clients. Since I have some experience in managing a business already.

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SECURITY COMPANY


Personal for businesses, normal guards , supermarkets, hotels and later scale to chip to

If this is ethical or not . Up to you , but its a good business. Easy to catch up with expats and forigners doing business . Let say russian doing biz with russians in Doha or miami , NY. Dont need so many staff hired out to get profit .

I would say security company is the best business you can start for the future. People get less money more criminals. I started a security company in SL in 2010 i allready had around 100 points (staff) contracts from Swedish companies from day one. Before i even started business i started to market it. Each staff is very good profit. I had profit of 150 usd per month each staff, but now i only run it for one year,o did something wrong in police use to guard places like Krugers and supermarkets. ..

If you have suply of good army background staff its the best . or retired police officers with good ethical skills of cos.



(Edited , i think i was to much , no use to write to much . )

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Did anyone else go through that list thinking why Plexus Worldwide is on that list?

I just did some google search out of curiosity and immediately came up with this:
https://www.tga.gov.au/alert/plexus-...day-trial-pack

I guess they are considered legit in the US.

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I'm sure iAmAttila is in as well.

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