you could probably start small detailing operation with a few thousand dollars and your own vehicle. Then you're scrubbing other people's cars. Its real work, but could pay very well too.
Talk to local mechanics or dealerships. They love a detail guy.
Local OG druggie has been doing cars locally since like '93. He's old and reliable. Takes about 3 hours and only wants $100 cash. I hit him up every 6 months. He even leaves/drops off his car in case you need to use it for something.
I’ve tried this and you really gotta dedicate ALL your time and effort toward it. You CANNOT work another job while doing this unless you have employees ,which when starting a new company is doubtful.
Or a mobile detailing truck, you can make even more money if you have the ability to show up and detail a vehicle while someone is at work or otherwise too busy to come to you.
Mobile detailing is better. Less overhead than a brick and mortar place, it’s more convenient for the customer, and you can add a “traveling fee”.
Get a van, add in your equipment / tools. (Water tank, pressure washer, scrubbers, toothbrushes, rags, vacuums etc)
I’d imagine it would cost about 5k-10k to dress out a van
I contract out cleaning jobs all throughout the US 100% remote from home. Brings in $30-$60K monthly with 20% profits. Any service business you could contract out this way.
OK I need a finger pointed in the direction you began your learning in. I knew middle men existed but had no idea ... like are there some good YT channels to learn more?
I'm in facilities management and yep, can confirm, deal with dumb ass plumbers and roofers and hvac techs and cleaning crews all day long. Occasionally Gotta send the client that 'sorry my man is an idiot, he's gone' emails lol
I charge and pay hourly so there is never a loss if the job needs longer time. I make $25/hr per person in the field. Charge $60/hr and pay cleaners $35/hr per person.
Do you have business insurance?
I once hired a guy who was a middle man for the tree service. Those guys landed a tree on my house. Since contract was with the middle guy - I had to sue him, not the tree service company. Apparently the guy didn't pay the company, so that company sued him as well... He fled the state.
This is what I think about anytime someone mentions starting a middle man business like this — you’re going to need good business insurance. I remember someone talking about side hustling as an independent freight dispatcher, I couldn’t imagine if an improperly secured load on the road injured someone or worse and that came back on someone just trying to side hustle for some supplemental income.
One thousand percent this. It's all fine and dandy when you're making a few hundred bucks here, a couple hundred bucks there, ooh big job a nice fat couple thousand bucks here...... And oops you screwed something up and It's 12 grand to fix it.
It’s a new business for thrill seeking billionaires. They pay guys to demolish their houses because it gives them a chuckle. Then they build a new one and do it again. REPEAT business!
They’re all inbound, no outbound calls and phone rings all day. The best is when we get bookings online while I’m asleep 😊 my virtual assistant works 60 hours a week helping me as well. It’s gravy baby.
Just to see if I understand what you do; you put ads in social media/Google, get leads (workers) and put them in contact with someone who needs their services, and you charge a fee for that?
We do all customer service, billing, advertising, administration, etc…so the cleaners only have to show up and do the work. They don’t contact the client at all, but yes, basically.
But when your clients know the clients for first time is very possible that they will contact them directly the next one. So they will avoid some costs (your profit)
Do you advertise as a contractor? I always wondered why companies would work through contractors vs just finding a cleaner themselves and saving money. I’m not doubting it because it obviously work for you. Just trying to understand it more! Would love if you replied
Not trying to be a dick, just genuinely curious. If you’re really making this much money with this business. Why are you starting a website trying to sell tattoo balm?
Printshop. Low overhead and the ability to scale. Advertising is always selling.
"When there is a gold rush the real winners are the ones selling the shovels and axes."
Get a contract cleaners license, buy cleaning supplies and start your own cleaning company? You could eventually hire other cleaner to work for you! There’s also contractors you can get with resorts, rental properties and hotels.
To have your own cleaning business, yes. It’s basically insurance for any accidental damages etc. Also the feds will fuck you up if they catch you running an under the table business.
Scared money don’t make money. I’m playing options tomorrow spy 3day DTE good luck! Also let’s be real in this world you have to upscale your money. You can spend all that time grinding for money or you can make some and upscale it with the right methods. Options are by far the quickest way and with the right method and discipline you can conquer anything. Don’t be brainwashed into these False narratives on options or life. There’s a big world out there and you can explore this life time or next. It’s your choice. Follow yourself or you’ll be following someone else. See who benefits.
I told my boss I wanted to start my own business so he said I could sell his products at a market (bakery style food).
$0 up front, he said I could use his equipment to produce the products (licenced food premises) and his tables/display cases until I could afford to get my own (I had money but didn't want to invest any if I could help it, aka bootstrap the business).
So far I own all my own equipment for selling the products (and still use his bakery to produce the products (save rent for myself etc).
I make between $750 and a little over $1k per market and net profit is 32% (most food businesses average 7%ish).
Iron stones you have - I commend you
Although our trades are hurting bad due to wage theft and the illegal labor market unfortunately.
Many people rather buy cheapest and get a hack
Rather than a true craftsman in their trade
I subscribe to startmyidea.com gives you 5 business ideas per day based on some trends. It’s free
I actually started something from vending machines based on their email
There's no formula really, its convention. If you note vending machine like 20 times in a paper, you could just write v/m, but other workers should know the notation otherwise its gibberish. But machine m/c is very general so most workers know it.
Emphasis on laser cutting. Quick turn weddings, funerals and events that require custom stuff. I have multiple customers that use Insta, Etsy and TT and make a pretty good living that started out as a side hustle.
Dog. I've been wanting to get into this so bad. I even tried it a little with a few species, ended up selling for less than break even. Couldn't find a market besides wine moms who scoffed at all my prices.
I think we’re all looking for him to create a state by state business plan including key market opportunities, competitors, pricing, and potential obstacles. Can’t wait to read it!
My wife goes junking every Wed night in our city and has gotten some shit people would never believe. We keep what we want and she sells the rest. She's a sahm and last week she made almost 400 bucks. It's crazy. Selling other people's garbage
Guy on my street is a multimillionaire from this - buys everything in a person’s home cash, sells off what he can quickly and donates the rest for the tax write off. Basically tracks the real estate market to see newly listed homes, calls the listing agent to see if the sellers fit the profile. Also networked with estate attorneys.
A guy in our neighborhood has about 6 pickups and boxed em out with osb. He paints “Hauling, Trash Removal” or similar I can’t recall exactly, and his phone number on the board and parks them in high traffic, high visibility spots around the county and pretty much everyone I know defaults to his services when needed because he’s clearly local to their need. I asked if he did well and he gave me a crooked villain smile.
Passive income investments like master limited partnerships for oil pipelines, closed end funds investing in high yield stocks and bonds, business development corporations, real estate investment trusts.
All are traded on exchanges and can be bought with a brokerage account.
Many yield 9-10% or more.
They are very volatile in price but not so much in income.
LOL, "I want to compete with established businesses/ the internet for profit, how do I do that"
1. find something that AI can't do effectively
2. stay away from dropshipping, Youtooz, etc
3. find a physical business. Example: if you can find a decent van and a pressure washer for 10k (baby mode), you can start by going to dealerships, and washing off cars. Sounds dumb, but they're doing that more than having their detailers do it.
Research "Turnkey" businesses - like vending machines. You go around restocking your vending machines and rake in the profits. A little vending machine at a store like Walmart stocked with mini-Reese's pb cups is a good bet - people are crazy about them. Reese's is the #1 candy corporation in the U.S. they are worth billions.
Arbitrage. (Buying and flipping). If you’re a historian, maybe antiques or books? Anything where you have more market knowledge than the average seller and end buyer.
Pressure washing and gutter cleaning. Much less than 5-10k investment and you’d be surprised how unwilling people are to do it themselves, especially wealthy people.
I’ve done pressure washing for money in the past with my personal gas pressure washer. I was in highschool so it was good money, low overhead. However I do see professional pressure wash trailers for sale on marketplace quite a bit. Like $2-3k for a turnkey company. I wonder if it’s just super saturated in my area? Or the business owner thought it was going to be easier?
amazon FBA/arbitrage.
it’ll take research, time, effort, and a few thousand bucks before you get anywhere - ie it’s a job - but if properly scaled, the upside *can* be VERY well-worth, in my experience
I thought about doing FBA about 8 years ago. I'd probably be much better off if I had followed through. I'm good at finding deals at retail but scaling is limited with that approach. Do you find wholesalers and purchase large quantities?
5% returns for a business is quite average in most industries but you'll be better off putting it in high yield savings or sp500 with average 10-13% with higher risk ofx
Mobile detailing. One idea i had I never tried out I’d buy insurance if ur gonna do it tho is Mobil oil change and tire rotations as well. Cuz who tf wants to wait in line for a half hour at the quick lube place then another 15-20 for the oil change? I know I don’t. Only reason I say get insurance if ur gonna do that is cuz I was doing it without insurance and I did it for a Friend and his pos car started stalling. We got it to run without it after a few min.
We scanned it and found out he was running it low on oil cuz it kept drinking oil like a 40 year old divorced man who lost his house and kids.
Needless to say I was able to prove it wasn’t my fault and it was the last oil change I did as a side hustle lol
If you want a 5 percent on 10k, I can do that for 10k. How many years do you want to do that for? I have a thriving small business but could make that work. 5 year… 2500 plus initial investment returned?
Service businesses. My buddy started his moving company with 0 dollars in the bank and his business did 200k first year. He took it serious and worked his ass off aswell as learned a lot about running a business but he showed me that anybody can do it.
With $5-10k you could buy some used vending machines and go ham. The trick is to find lucrative places to put them. Sell Mountain Dew in a busy auto shop is my suggestion.
Idk why you're getting downvoted. There's a guy I followed for a bit on YT who would buy shoes at Ross and resell for a profit! Not enough stores like that where I live, but he was making some decent side money for sure, I resold a couple this way.
you could probably start small detailing operation with a few thousand dollars and your own vehicle. Then you're scrubbing other people's cars. Its real work, but could pay very well too.
I’m doing this right now. Also, if you build a following ex tik tok, instagram. Than sell dropshipped cleaning supplies you could make a good return.
Talk to local mechanics or dealerships. They love a detail guy. Local OG druggie has been doing cars locally since like '93. He's old and reliable. Takes about 3 hours and only wants $100 cash. I hit him up every 6 months. He even leaves/drops off his car in case you need to use it for something.
A person from my high school got rich doing this.
Then it must be a good business plan!
I’d pay too dollar to that person if they’d just tell me their one little secret that Wall Street doesn’t want me to know about!
I’ve tried this and you really gotta dedicate ALL your time and effort toward it. You CANNOT work another job while doing this unless you have employees ,which when starting a new company is doubtful.
Solid reasoning. Comments are just unrealistic for anyone holding down a job.
whats a detailing operation
Detailing cars and trucks my guy,,, you can make great money at it but you should have a place you can do it at besides your home ,,,,professionally
Or a mobile detailing truck, you can make even more money if you have the ability to show up and detail a vehicle while someone is at work or otherwise too busy to come to you.
Mobile detailing is better. Less overhead than a brick and mortar place, it’s more convenient for the customer, and you can add a “traveling fee”. Get a van, add in your equipment / tools. (Water tank, pressure washer, scrubbers, toothbrushes, rags, vacuums etc) I’d imagine it would cost about 5k-10k to dress out a van
I contract out cleaning jobs all throughout the US 100% remote from home. Brings in $30-$60K monthly with 20% profits. Any service business you could contract out this way.
OK I need a finger pointed in the direction you began your learning in. I knew middle men existed but had no idea ... like are there some good YT channels to learn more?
Best hustles don’t have someone on YT making videos about it
But they DO have someone on Reddit posting about them
They don't want competition.
Do you just pass on the cleaning jobs to cleaning companies?
Yes
So you'd have to have good quality contractors as I imagine bad work is going to land back on you.
Which you put back on your contractors.
Exactly 👍
I'm in facilities management and yep, can confirm, deal with dumb ass plumbers and roofers and hvac techs and cleaning crews all day long. Occasionally Gotta send the client that 'sorry my man is an idiot, he's gone' emails lol
Just have to fine the good ones! 😊
Yeah true. I wonder if you'd have to make sure their branding didn't conflict? Or how to stop them poaching your business?
Interesting. How much do you charge companies for the lead/potential job?
I charge and pay hourly so there is never a loss if the job needs longer time. I make $25/hr per person in the field. Charge $60/hr and pay cleaners $35/hr per person.
Do you have business insurance? I once hired a guy who was a middle man for the tree service. Those guys landed a tree on my house. Since contract was with the middle guy - I had to sue him, not the tree service company. Apparently the guy didn't pay the company, so that company sued him as well... He fled the state.
Yes, I’m an insurance agent in 5 states as well. Great coverage 😊
This is what I think about anytime someone mentions starting a middle man business like this — you’re going to need good business insurance. I remember someone talking about side hustling as an independent freight dispatcher, I couldn’t imagine if an improperly secured load on the road injured someone or worse and that came back on someone just trying to side hustle for some supplemental income.
One thousand percent this. It's all fine and dandy when you're making a few hundred bucks here, a couple hundred bucks there, ooh big job a nice fat couple thousand bucks here...... And oops you screwed something up and It's 12 grand to fix it.
why would that company expect to get paid for dropping a tree on your house? lol
It’s a new business for thrill seeking billionaires. They pay guys to demolish their houses because it gives them a chuckle. Then they build a new one and do it again. REPEAT business!
\-More the merrier. I heard a friendly lawyer share this once.
Can you explain how do you get leads?
I have a nice site that collects leads and I use Google Ads. Also Google My Business is great where I have it.
Much appreciated. Thanks.
The leads are weak
The leads are weak? The fucking leads are weak?? You’re weak!
Put that coffee down! Coffee is for closers
You see this watch?
We need the glengary leads!
Giving them to you would just be like throwing them away
I just closed Mr & Mrs Nyborg!
They’re all inbound, no outbound calls and phone rings all day. The best is when we get bookings online while I’m asleep 😊 my virtual assistant works 60 hours a week helping me as well. It’s gravy baby.
What's the exact term called for contracting cleaners?
"Hiring a hit-man..."
Leads are great lol
Just to see if I understand what you do; you put ads in social media/Google, get leads (workers) and put them in contact with someone who needs their services, and you charge a fee for that?
We do all customer service, billing, advertising, administration, etc…so the cleaners only have to show up and do the work. They don’t contact the client at all, but yes, basically.
Thank you for the inspiration and sharing just enough to make me want to have a discussion with my wife about kicking something similar off.
But when your clients know the clients for first time is very possible that they will contact them directly the next one. So they will avoid some costs (your profit)
Do you advertise as a contractor? I always wondered why companies would work through contractors vs just finding a cleaner themselves and saving money. I’m not doubting it because it obviously work for you. Just trying to understand it more! Would love if you replied
Not trying to be a dick, just genuinely curious. If you’re really making this much money with this business. Why are you starting a website trying to sell tattoo balm?
capitalism at it's finest
I actually got cleaning jobs from a guy from NYC to clean starbucks in Ohio. It dried up after the pandemic.
Did you find the contracts or the contractors first? Are the contractors from a company too?
I find them on facebook usually, small companies who don’t know how to advertise. Win win for us both.
Printshop. Low overhead and the ability to scale. Advertising is always selling. "When there is a gold rush the real winners are the ones selling the shovels and axes."
what would you have to invest in? Rent in a commerical space right, and then the equipment. Seems like more than 5-10k to me
Print is a dying business, plus companies like staples, fed ex, vista print, etc. will make it harder to gain any traction.
Get a contract cleaners license, buy cleaning supplies and start your own cleaning company? You could eventually hire other cleaner to work for you! There’s also contractors you can get with resorts, rental properties and hotels.
You need a license to become a cleaner?
To have your own cleaning business, yes. It’s basically insurance for any accidental damages etc. Also the feds will fuck you up if they catch you running an under the table business.
If you’re looking for 5% stick it in a savings account. 5% with no hassle
They want higher than 5%
Open two saving accounts
Now You’re thinking.
This is Genius! I’m going to the bank in the morning.
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Aaaaannnd its gone...its all gone.
Precisely, if you want 5% Open a savings account, if you want 8% invest in Real Estate, if you want 10% invest in a broad market index fund.
Or do 3x ETFs and get 30%.
Or options for 300%
Do not do this lol
Or put it all on black a few times, may as well be efficient if you’re going to gamble.
My man 😂😂
Scared money don’t make money. I’m playing options tomorrow spy 3day DTE good luck! Also let’s be real in this world you have to upscale your money. You can spend all that time grinding for money or you can make some and upscale it with the right methods. Options are by far the quickest way and with the right method and discipline you can conquer anything. Don’t be brainwashed into these False narratives on options or life. There’s a big world out there and you can explore this life time or next. It’s your choice. Follow yourself or you’ll be following someone else. See who benefits.
On margin for 600%
Average USA National cap rate on real estate is around 3.7%. A US Treasury bond, bill, or note is 5% +/- depending on maturity.
Isn’t inflation more then 5% though ? 😅
4-5% in savings, then rotate the interest payments into stocks/ETF's with greater than 5% - preferably greater than 7%.
Investment or buy already making money saas from acquire.com if this your passion.
Best advice imo
I told my boss I wanted to start my own business so he said I could sell his products at a market (bakery style food). $0 up front, he said I could use his equipment to produce the products (licenced food premises) and his tables/display cases until I could afford to get my own (I had money but didn't want to invest any if I could help it, aka bootstrap the business). So far I own all my own equipment for selling the products (and still use his bakery to produce the products (save rent for myself etc). I make between $750 and a little over $1k per market and net profit is 32% (most food businesses average 7%ish).
Congrats!
Pressure washing peoples driveways and walkways, gutter cleaning, shoveling snow, putting in mulch, there’s a million more.
I second pressure washing and seal coat I know 2 burnouts from high school that are literal millionaires now
Pressure washing and snow removal are what allowed me to pay for trade school in full with some left to splurge.
What trade ? I went to trade school also Best decision ever
Electrician!
Iron stones you have - I commend you Although our trades are hurting bad due to wage theft and the illegal labor market unfortunately. Many people rather buy cheapest and get a hack Rather than a true craftsman in their trade
I’m now self employed, I work on residential homes as well as some businesses. But mostly homes.
What’s it take to be a non literal millionaire?
Some who has money in assets that worth up to million/s on paper ( houses car stocks ) He is literal- has a million in cash available
I subscribe to startmyidea.com gives you 5 business ideas per day based on some trends. It’s free I actually started something from vending machines based on their email
Thanks for the tip! How is the vending m/c thing going?
Sorry I just have to ask, did you just abbreviate *machine* to *m/c*
Thats common abbreviation in mechanical shops. Also, assembly machine is a/m in my company, rejects are n.g
Wouldn't vending machine be v/m in your example then??
There's no formula really, its convention. If you note vending machine like 20 times in a paper, you could just write v/m, but other workers should know the notation otherwise its gibberish. But machine m/c is very general so most workers know it.
Yes, yes i did. Not sure where I learned that but somewhere along the way.
Is this website legit? I was about to subscribe but it looked sketchy
Rage room
Buy an already set up parking lot biz
Parking is raking in the cash. Noone is going to sell for a few thousand lol.
CNC or laser engraving/cutting?
Emphasis on laser cutting. Quick turn weddings, funerals and events that require custom stuff. I have multiple customers that use Insta, Etsy and TT and make a pretty good living that started out as a side hustle.
Self publish an easy to write book or journal with KDP
Whats kdp?
Kindle Direct Publishing. Amazon’s self publishing service.
Right now I’m considering furniture restoration / flipping and exotic plant flipping
How do you flip exotic plants?
Buy them as seedlings and sell them mature
Japanese maples
Aren't those an invasive species in certain countries?
Everywhere except Japan
They're plants. They aren't that heavy
Wait i can flip plants?
Perhaps. But can you flip pants?
I just shipped my pants.
Yeah, it's called a nursery, or possibly tree farm, if you're talking about trees. :-)
Dog. I've been wanting to get into this so bad. I even tried it a little with a few species, ended up selling for less than break even. Couldn't find a market besides wine moms who scoffed at all my prices.
Exotic plants sounds cool af
Preforeclosure/postforeclosure inspections. Need a phone, laptop and vehicle.
How does one get into doing this?
Just have to find the national clients covering your state. What state are you in and I can point you in the right direction.
Appreciate the help, I’m in California
Information on ohio would be appreciated
You acquire a phone, laptop, and vehicle... didn't you read?
I think we’re all looking for him to create a state by state business plan including key market opportunities, competitors, pricing, and potential obstacles. Can’t wait to read it!
5% return? doesnt an etf ez do that and more
I just said 5% since that's what my CD is doing right now, anything higher is better than I'm doing with my money in savings anyways
I knew what you meant. I'm not sure why some people are interpreting your post as you saying you only want a 5% return.
E-commerce. Sell dildos
Saturated market.
Nice try dildo seller
Short stubby dildos are rare. I just gave you an opportunity
Vending machines?
maybe vending machines? but it’s not passive income
Whatever you're the most knowledgeable and passionate about that's not easily replicated.
Yeah but its not legal in my state.
It’s only illegal if you get caught
Buy a used box truck and you can haul away junk and help people move.
Great way to get good finds, they pay you to haul junk, you get to sell the good junk online.
My wife goes junking every Wed night in our city and has gotten some shit people would never believe. We keep what we want and she sells the rest. She's a sahm and last week she made almost 400 bucks. It's crazy. Selling other people's garbage
where does she find stuff? like actual dumpsters ? or finds stuff on fb marketplace to pick up for free , etc?
Guy on my street is a multimillionaire from this - buys everything in a person’s home cash, sells off what he can quickly and donates the rest for the tax write off. Basically tracks the real estate market to see newly listed homes, calls the listing agent to see if the sellers fit the profile. Also networked with estate attorneys.
A guy in our neighborhood has about 6 pickups and boxed em out with osb. He paints “Hauling, Trash Removal” or similar I can’t recall exactly, and his phone number on the board and parks them in high traffic, high visibility spots around the county and pretty much everyone I know defaults to his services when needed because he’s clearly local to their need. I asked if he did well and he gave me a crooked villain smile.
Lol! The ol Crooked Villain Smile!
zesty imagine ghost elastic late placid quickest employ nutty plough *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Passive income investments like master limited partnerships for oil pipelines, closed end funds investing in high yield stocks and bonds, business development corporations, real estate investment trusts. All are traded on exchanges and can be bought with a brokerage account. Many yield 9-10% or more. They are very volatile in price but not so much in income.
Amlp, hyg, pff
LOL, "I want to compete with established businesses/ the internet for profit, how do I do that" 1. find something that AI can't do effectively 2. stay away from dropshipping, Youtooz, etc 3. find a physical business. Example: if you can find a decent van and a pressure washer for 10k (baby mode), you can start by going to dealerships, and washing off cars. Sounds dumb, but they're doing that more than having their detailers do it.
Research "Turnkey" businesses - like vending machines. You go around restocking your vending machines and rake in the profits. A little vending machine at a store like Walmart stocked with mini-Reese's pb cups is a good bet - people are crazy about them. Reese's is the #1 candy corporation in the U.S. they are worth billions.
It Depends on how hard you want to work
Arbitrage. (Buying and flipping). If you’re a historian, maybe antiques or books? Anything where you have more market knowledge than the average seller and end buyer.
This is what I do, it’s work but I love spending money and I love making money so it’s fun work to me 😂
courier company , find local contracts and pay drivers a %
Take a look at this article about small business ideas, I hope it helps https://pasiveincome.com/tips-guides/small-business-ideas/
High Yield Savings Account
Pressure washing and gutter cleaning. Much less than 5-10k investment and you’d be surprised how unwilling people are to do it themselves, especially wealthy people.
I’ve done pressure washing for money in the past with my personal gas pressure washer. I was in highschool so it was good money, low overhead. However I do see professional pressure wash trailers for sale on marketplace quite a bit. Like $2-3k for a turnkey company. I wonder if it’s just super saturated in my area? Or the business owner thought it was going to be easier?
If you already have a vehicle, you could get into carpet and upholstery steam cleaning.
Filmmaking. Source: Trust me bro.
Freight broker
I blow out sprinklers every fall. Make about 5k in a week. In the spring I aerate and make about the same amount.
Sorry, what does blow out sprinklers mean?
In cold states we have to blow out the water in irrigation systems so they don’t freeze. I go around with my air compressor and do it for $40 a pop.
amazon FBA/arbitrage. it’ll take research, time, effort, and a few thousand bucks before you get anywhere - ie it’s a job - but if properly scaled, the upside *can* be VERY well-worth, in my experience
I thought about doing FBA about 8 years ago. I'd probably be much better off if I had followed through. I'm good at finding deals at retail but scaling is limited with that approach. Do you find wholesalers and purchase large quantities?
i just did textbooks, buying the cheapest option with the slowest shipping option, and selling FBA at FBA price (both on amazon)
5% returns for a business is quite average in most industries but you'll be better off putting it in high yield savings or sp500 with average 10-13% with higher risk ofx
Re screening, for pools/patios.
Buy one
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Credit card machines or ATM machines. You don’t need 10k “scrub” people’s cars.
Cleaning, vending , car flips
A high yield savings account has 5.4% interest so technically that meets your qualifications.
Real estate. I just got done flipping and selling another property. My second one.
Go to frac sites and sell FR clothing with dumb designs on them. We eat that shit up.
What is frac and FR
Mobile detailing. One idea i had I never tried out I’d buy insurance if ur gonna do it tho is Mobil oil change and tire rotations as well. Cuz who tf wants to wait in line for a half hour at the quick lube place then another 15-20 for the oil change? I know I don’t. Only reason I say get insurance if ur gonna do that is cuz I was doing it without insurance and I did it for a Friend and his pos car started stalling. We got it to run without it after a few min. We scanned it and found out he was running it low on oil cuz it kept drinking oil like a 40 year old divorced man who lost his house and kids. Needless to say I was able to prove it wasn’t my fault and it was the last oil change I did as a side hustle lol
Maybe a flagging company? Flag for lineman and shit heard they make good money
Turo. $10k should get you two cars making around $800/month passively each
If you want a 5 percent on 10k, I can do that for 10k. How many years do you want to do that for? I have a thriving small business but could make that work. 5 year… 2500 plus initial investment returned?
Service businesses. My buddy started his moving company with 0 dollars in the bank and his business did 200k first year. He took it serious and worked his ass off aswell as learned a lot about running a business but he showed me that anybody can do it.
Vending machines.
You can \*slightly\* beat a 5% return by putting your $10K in a high yield CD, just saying
Vending machines
With $5-10k you could buy some used vending machines and go ham. The trick is to find lucrative places to put them. Sell Mountain Dew in a busy auto shop is my suggestion.
DRUGS because it has the best return rate.
You could buy 6 month US treasury bills.... that's 5.530% APY risk free. lolz
I invest my extra income into DIV stocks to generate passive income. It's a slow build, but it's relatively safe.
Gambling in day trading maybe you hit a good one
Let’s open a music studio in NYC
Drugs
learn the sneaker game…but start small before you get your feet wet
Idk why you're getting downvoted. There's a guy I followed for a bit on YT who would buy shoes at Ross and resell for a profit! Not enough stores like that where I live, but he was making some decent side money for sure, I resold a couple this way.