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You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
YES!!! That's exactly her name (Deborah Davis) so many people have recommended highly about her and am just starting with her 😊 from Northern Ireland🇬🇧
After I raised up to 450k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸also paid for my son's surgery (Oscar). Glory to God.shalom..
15 years ago my ex wife wanted to start a home decorating business. I spent $800 on a LLC. And spent money going out to potential clients homes only to not get hired. My ex wife gave up soon after and never put any work into it. Then she decided she wanted to do an antique store business. So I spent thousands of dollars getting a building and inventory and she didn’t lift a finger to do anything. I had to do all the work and soon closed up shop because she just wanted the revenue to go shopping and not the business itself. So we got divorced soon after. Lesson learned
Russell I feel your pain I had that back in the days it broke me I divorced went back to Africa I grow up in the nederlands I m looking for a partner I have a bussniss plan that won t fail if you intrested let me know all I need is 30k infesmant fair and clear on paper everthing I m from Somalia we honest
Amalia's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
Gertrude Margaret Quinto is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
From an accountant's point of view - any business that has a daily cash inflow like retail, restaurants, or hairdressers - but monthly or quarters outflows like rent, loans, and extended credit terms from suppliers - are bound to run into an instant "cash trap". Unless the owners are disciplined and carefully control their cash flow - the money they took in is gone by the time the mortgage becomes due.
Yeah, I've had a blog for years. It's helped drive readers to my books I sell, but certainly not a windfall. Since AI has came out, maybe I could do a revamp
After owning a business for 10 years, I've learned that sadly the government doesn't award those who save for a rainy day and stockpile earnings. The tax man comes calling with a vengeance. Other than pure greed, that's one of the biggest reasons that I see businesses distribute out 100% of their net profits before the end of they year. It's a shame. Imagine if businesses were rewarded for putting 3 months, 6 months, even a year of their monthly costs of doing business into an emergency fund? The pandemic would have looked very different.
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
Don't expect to quit your other job anytime soon. There is a lot of competition now in most niches. Prepare to work at your e commerce store 4 pennies everyday for three years. Your job in the beginning is marketing. Most of you will get tired and quit.
@@deadcell1 Thats what most people are trying to compete on. Those with deeper pockets will be your competition. Prepare to take losses in the first year to compete with them. Once you have established yourself the following years will get better. Just stay focused.
when you own a laundromat you have more to worry about than the machines. you also have to worry about the building. a lot can go wrong with a building. there is a beautiful laundromat in my town that everyone loved that has been closed for years because the roof was declared unsafe. it was a shock to everyone.
Agree- it’s not passive income at all. My father owned laundry mats and they break or people do stupid things. Change always runs out. Water bills are pretty huge and finding people to keep it clean is also challenging.
Wow! I was on your email list over 10 years ago and I actually read the emails you sent out. I can’t believe that blog is still going strong. Congrats!
When I was a kid in the 1950's, the business least likely to fail was the baldness cure business. People losing their hair would try any possible cure. If one didn't work, they would try another Since none of the cures worked, they never ran out of customers..
honestly $1,000 is nothing. Any adult would have no problem spending so little money on something that could profit them...and I'm not even rich lol.... but my Max is 5k... after that I kinda cringe lol
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@@floydmcmondo Not sure I understand. Do you think the people who purchase the class going to buy his handkerchiefs, or are the people buying handkerchiefs going to buy the class?
What you don't mention is that an online store has other expenses such as marketing that is not cheap and SEO (which can be free but it takes a wile to appear on the search engine results).
I have been a real estate investor for 25 years and a math teacher. I live on Maui and am in the process of building a 3-plex here right now. I am very good at construction and remodels. I was in the red every month for YEARS with my first purchases, but I was also factoring in my own cost of living. The first place that I bought was a 4-plex in CA. Solid advice!
I was in a similar dilemma two years back. A business may not be the right way to go about getting that extra money except you won't do the running of the business yourself. You should probably consider investing in stocks, ETF's or even Real Estates if you have the money. You don't necessarily need a lot of time for this and it is equally rewarding. You can even use the service of a financial expert and this way, you literally do nothing. I make close to twice my regular income this way and I plan to still own a business but much later when I'm ready to retire. Goodluck
I don't really understand your first question. For the second, you should start by looking out for those from credible firms and good track records. You should also make sure the person is licensed. Personally, I use Kelly Matwick. She's good and you could also look her up.
Real Estate Development is my business. If you want a single family rental that’s cool but I would skip that’s and go straight to multifamily or flex commercial space.
@@yolandahebert2350 sound simple, but that itself has a complex set of rules and if not careful can lose a lot.... plus competition can get a bit tough..especially nyc area.. but there are big gems but you have dig hard.
Yes, as old as indentured servants did for passage to America dud work their lenders 1.couldnt do or 2. Didn't want to do...remains the way into the economy.
You really didn't explain how HARD it is to promote an online business. It's not as simple and straight forward as you made it sound. Just because you build it doesn't mean they'll come. And online advertising is not easy nor cheap
That is with any business or unless you have customers all ready then your business will make it from the beginning, but if you’re starting from scratch, all business is gonna take at least three years for you to actually see the benefit. You just have to have the common sense and say this is gonna take time and you gotta understand that People goes into these business thinking that they going to make money right away and you’re not it’s just business.
Isn’t it futile to have an online store when you can find the same and unique products on Amazon. The Chinese have made it close to impossible to even shop in Amazon much less having a dinky online store where anyone can just use Google lens to find the same product at a cheaper price. Also as soon as your unique t-shirt or other product you made gets online someone else will make the same thing. All they have to do is see how your sales are. It’s like chasing your tail. I could see how you were successful back in 2009 but those days are over.
First off. Most people are omnichannel today. Second, it's not all about price. It's about marketing and the emotions you can instill in a customer. Take a look at true classic tees. They sell plain shirts for $25. I have tons of examples from students in my class. In fact an interview is going out tomorrow from one of my 7 figure students. I've been selling for 17 years now. Do you think that people only buy cheap unbranded Chinese products?
@@mywifequitherjob You are basically talking about unicorns. I'm not talking about cheap unbranded Chinese products but talking about how it is much easier nowadays to buy a similar product with AI helping you out when you shop. For the masses, it is feasible to do what you are saying but like you said you have been selling for 17 years, thus explains why you diverted to doing blogs and paid courses. Selling items in a small website with sales funnels is more difficult now. Yes , you can make a few sales but I wouldn't say that you will make millions like the unicorns.
@@justhere3794 I didn't "divert" anything. I run a 7 figure store over at bumblebeelinens.com. I own a warehouse with employees. Running a business is difficult but it can be done and I have so many recent examples of colleagues and students doing 7 figures. If this is your current mindset, then yes, you aren't ever going to make money nor are you ever going to succeed. Making 6 or 7 figures is quite doable. And I'd hardly consider True Classic Tees a unicorn... Stop making assumptions based on your own limiting beliefs.
@@mywifequitherjob❤ And there is the Key 🔑 If you surround yourself with Belief- I am learning that as I speak- Faith in what you do can grow or destroy your potential. Just as with health- I was sad most my life after loosing my first husband to a heart failure when he was 22- I had to overcome fear of dying when I would turn 22. Then for our only son who died in the last year. This man in the comment needs to start Believing he will succeed- or success will not happen. Great 👍 Faith and Blessings to You and Tour beautiful family sir.❤ Thank you for lighting the candles 🕯️ of others- and not being discouraged . This is the first talk I have heard of Yours- and positivity is what I seek- enough quicksand in my life 😅 I choose to grab onto the helpful hand you offer- May this fellow do the same. ❤
This ecommerce is starting to get me. I am science person 😄😄😄. I love the idea of dropshipping. The way you explained makes me get into it. Thank you for being there. God continues to prosper and teach 🙏
You can be successful in any present businesses, if you follow the principles: The product or service should be handy, convenient and easily available. The quality of the service should always be high standards all the time. No compromise. The price should be such that the product or service fetches the value for money. Engage with the customer as frequently as possible. Rest, focus on the given task and then move ahead.
4 Businesses With AMAZINGLY Low Failure Rates- (1) launching an online store-dropshipping store,print on demand store,jewellery store etc. (2)content creation-website, blogging etc. (3)youtube channel (4)real estate
You have mentioned Real Estate as a lucrative business. Do you feel the same about Digital Real Estate? Where you would be buying and selling websites.
1. example: Online stores fine but how to find what product to sell, how to buy where to store the physical products ...how to handle the cost involved of business? first 3 are how to market it ....but real challenge is what business to or content or what topic youtube channel !! please if possible share how to go about it. Thank you.
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
Mr hacking I have a question, can you let me know how much time it will take for Green Card application. my adjustment of status application was received to USCIS on March 14, 2024.
The fees for doing business go up all the time and def. year after year. It costs a lot of money to keep a business open. Nowadays the prices are outrageously high and most people are not buying. Groceries and rent and the business to be in, oh and hospitals. What is terrible is the subscription model for services. An absolute raid!
Wow, this video is simply amazing! It's one of a kind where I don't learn anything but it will probably be the one that will make me prosper the most if I follow it, Thank you so much for this weak-up call!
Fail, this one needs to ! I was a field service tech for Cummins Allison 852 Feehanville Drive Mount Prospect, IL 60056 they make money counting equipment (not the diesel people) however this is what ya deal with, half assed furbished parts and to top it of they told me not to do the preventative maintenance anymore at customer sites just run the vacuum a little bit and wipe down the machines. I was like "But that is gonna make the service call numbers go up and is >theft of service< WHY ? Well they wanted to keep selling new equipment every 3 years or so see ? With At Will I was fired,SAD HUH ? Country is in TROUBLE...
I recommend having a business address, even if it is just a rented Post Office box. I hate sites where you cannot see where the business is based. It's like, what are you trying to hide?
he's making it sound easy but it takes time and effort to establish and start. anyway thank you for this content, doing some research as of the moment.
You can start an E-commerce business for free...literally! Of course it might take time to establish your business and that's how 99.99% of businesses go.
@@Celebscandal You can't tell anything bro it's either your TIME (SEO, Link Building, Establishing Social Media Presence) or your MONEY (Paid Ads, Media Buying, Endorsements, Paid SEO Services) etc. The way these influencers make it seem like online stores are so easy to setup and drive targeted traffic to because they're cheap to create is dishonest. 🤡
I'd do a triple like button if I could on this video. It is outstanding the way you presented the information. It makes a lot of sense the way you explain it.
I used to live in a building with a failed laundromat on the ground floor. There are more videos on print-on-demand than people making money from print-on-demand!
dont try to expand. I have been trying this for 2 years.... ton of money wasted. PPC, Ad fee. If I could go back 2 years ago I WOULD HAVE NEVER started in AMZ. Invest your money in the stock market or something.
@mywifequitherjob Are your courses Step-by-Step (literal pdf with s-b-s) instructions? I am 66 and not totally technologically challenged, but I do not have a natural acumen that naturally and intuitively knows what to do and connects the dots. One strength? I don't quit. I just need clear instructions and someone to whom I can ask questions. I can't afford to retire and I can't keep up a 12-hour a day j.o.b. much longer. Thank you for responding....I do hope I hear from you. I need instructions on how to get started and to get established. TY ❤
How much did you pay for Advertising per day? I know the price for Advertising per day could cost from $1, $5, $25 per day. All depends on how much a person can afford to start off.
@@mywifequitherjob please I would love to take your course and have u as my perminent consultant on building my online stores brands and TH-cam channel
In this year 2024, and taking note of what is happening to the economies of the USA, Canada, Australia, New Zealand regarding private and commercial real estate, it is an area that I would steer clear of at this point.
eCommerce sounds exciting, especially because of the low costs, but one thing you forgot to mention are the high advertising costs associated with the activity. Not sure why you skipped that in your fine presentation.
I have many students doing 7 figures that do not pay for advertising. Instead they use organic social and SEO. Also, even if you do advertise, if you are profitable, it makes sense to spend more not less.
Great insights! Starting an online business indeed offers lower financial risks compared to traditional brick-and-mortar ventures, making it an attractive option for aspiring entrepreneurs. Leveraging dropshipping and print on demand models can significantly reduce upfront costs and streamline operations. 💼
![Businesses that Always Fail? 7 Businesses with Shockingly High Failure Rates [Backed by Data]](http://i.ytimg.com/vi/WTDYuRVZDbo/mqdefault.jpg)
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😅😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊
You sound like fingernails running down a chalkboard. Miss me with that BS
Not true....😮my channel was
Banned still is I HAD GOOD INFO.😮IM not trucker😊
I'm farmer.
I'm in Liberia 🇱🇷 how can I be part of your class
I signed up through your link but I didn't get a free store?? Can someone contact me please?
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
YES!!! That's exactly her name (Deborah Davis) so many people have recommended highly about her and am just starting with her 😊 from Northern Ireland🇬🇧
After I raised up to 450k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸also paid for my son's surgery (Oscar). Glory to God.shalom..
Wow I'm just shocked you mentioned Maria Davis, thought I'm the only one trading with her
Alright thanks for the recommendation, but how do I reach her?
15 years ago my ex wife wanted to start a home decorating business. I spent $800 on a LLC. And spent money going out to potential clients homes only to not get hired. My ex wife gave up soon after and never put any work into it. Then she decided she wanted to do an antique store business. So I spent thousands of dollars getting a building and inventory and she didn’t lift a finger to do anything. I had to do all the work and soon closed up shop because she just wanted the revenue to go shopping and not the business itself. So we got divorced soon after. Lesson learned
They never get enough. Love your wisdom!
@gordon9177 DUDe sounds like fingernails running down a chalkboard. Miss me with that BS
Russell I feel your pain I had that back in the days it broke me I divorced went back to Africa I grow up in the nederlands I m looking for a partner I have a bussniss plan that won t fail if you intrested let me know all I need is 30k infesmant fair and clear on paper everthing I m from Somalia we honest
You both were wrong but at least you learned your lesson.
@gordon9177try me very serious business minded
Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?
Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.
It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Amalia Bunker
Talking to an expert like Amalia Bunker to reshape your portfolio is a very smart move
Amalia's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@sloanmarriott5 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
Gertrude Margaret Quinto is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
From an accountant's point of view - any business that has a daily cash inflow like retail, restaurants, or hairdressers - but monthly or quarters outflows like rent, loans, and extended credit terms from suppliers - are bound to run into an instant "cash trap".
Unless the owners are disciplined and carefully control their cash flow - the money they took in is gone by the time the mortgage becomes due.
Its me. After a bakery cafe and a Fish and Chips restaurant, I have become a Home services provider doing mowing and painting.
You know a thing 😏 or 2
Truer words never failed
Yeah, I've had a blog for years. It's helped drive readers to my books I sell, but certainly not a windfall. Since AI has came out, maybe I could do a revamp
After owning a business for 10 years, I've learned that sadly the government doesn't award those who save for a rainy day and stockpile earnings. The tax man comes calling with a vengeance. Other than pure greed, that's one of the biggest reasons that I see businesses distribute out 100% of their net profits before the end of they year. It's a shame. Imagine if businesses were rewarded for putting 3 months, 6 months, even a year of their monthly costs of doing business into an emergency fund? The pandemic would have looked very different.
The 2 Business that will never Fail or go under!!
1. The IRS
2. The Funeral Business ❤😊
Death and taxes...😂
Damn you had to be so frank, but that's the fuqin truth!
lol
What about the hospitals? Medical business.
😆
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
There is no such a book
Fake messages
Actually i googled it, it does exist good insights too❤
This is a scam. Avast says it has malware.
Uh huh.
Don't expect to quit your other job anytime soon. There is a lot of competition now in most niches. Prepare to work at your e commerce store 4 pennies everyday for three years. Your job in the beginning is marketing. Most of you will get tired and quit.
If you're selling the same thing everyone else is selling then the only thing you have to compete on is service and price.
so true
Your exactly on point 100%. True Knowledge! FACTS
🤔
@@deadcell1 Thats what most people are trying to compete on. Those with deeper pockets will be your competition. Prepare to take losses in the first year to compete with them. Once you have established yourself the following years will get better. Just stay focused.
when you own a laundromat you have more to worry about than the machines. you also have to worry about the building. a lot can go wrong with a building. there is a beautiful laundromat in my town that everyone loved that has been closed for years because the roof was declared unsafe. it was a shock to everyone.
Agree- it’s not passive income at all. My father owned laundry mats and they break or people do stupid things. Change always runs out. Water bills are pretty huge and finding people to keep it clean is also challenging.
Steve is the best as he there is no BS, no slickness. Just professional, smart, and helpful. Will always use his affiliate links because of that.
Reading from a script you can see right through game. He's not authentic. No Soul in his delivery. Nah....I'll pass on this
@@anthonyanderson9963 You've clearly never attended any of his live webinars. If you had, you'd know how ignorant your statement makes you sound.
Bot reply
Wow! I was on your email list over 10 years ago and I actually read the emails you sent out. I can’t believe that blog is still going strong. Congrats!
that's his proof that it will never fail...unless you quit!
@@irinaleontyuk I didn’t know it was still around, I haven’t seen it in about 8 years.
@@irinaleontyukOr if it doesn’t pan out.
When I was a kid in the 1950's, the business least likely to fail was the baldness cure business. People losing their hair would try any possible cure. If one didn't work, they would try another Since none of the cures worked, they never ran out of customers..
I love when these "experts" say things like "it only costs me $1000 a month" like $1000 is $50
Lol that's mine A
honestly $1,000 is nothing. Any adult would have no problem spending so little money on something that could profit them...and I'm not even rich lol.... but my Max is 5k... after that I kinda cringe lol
Steve's point is that when your business is earning 7 figures a year, paying $1000 a month to keep the business running is not a problem.
This video is just another useless AD
He said at the beginning he spent less than $50 a month. So yea... $50...
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
This is not new. Everyone is already doing this 🙄 of course they want to sell you the “training” that’s how they make their money🤥
This. 😅
Sure - he's got two 7 figure businesses already, but the $1,500 lifetime access course is how he makes his money... 🤣
100% true.
It's called a funnel. The entry level of the funnel is never meant to pay the bills.
@@floydmcmondo Not sure I understand. Do you think the people who purchase the class going to buy his handkerchiefs, or are the people buying handkerchiefs going to buy the class?
What you don't mention is that an online store has other expenses such as marketing that is not cheap and SEO (which can be free but it takes a wile to appear on the search engine results).
100%
agreeee 100% with you.
Marketing can get expensive real fast.
Exactly
I have been a real estate investor for 25 years and a math teacher. I live on Maui and am in the process of building a 3-plex here right now. I am very good at construction and remodels. I was in the red every month for YEARS with my first purchases, but I was also factoring in my own cost of living. The first place that I bought was a 4-plex in CA. Solid advice!
Is there any small but lucrative business you can combine with a 9-5 job? I love my job so quitting is not an option but I need the extra income too.
you need time to run any business, especially when starting out
I was in a similar dilemma two years back. A business may not be the right way to go about getting that extra money except you won't do the running of the business yourself. You should probably consider investing in stocks, ETF's or even Real Estates if you have the money. You don't necessarily need a lot of time for this and it is equally rewarding. You can even use the service of a financial expert and this way, you literally do nothing. I make close to twice my regular income this way and I plan to still own a business but much later when I'm ready to retire. Goodluck
Nice... This makes a lot of sense... How did you start?.. How can I get an expert like you said?...
I don't really understand your first question. For the second, you should start by looking out for those from credible firms and good track records. You should also make sure the person is licensed. Personally, I use Kelly Matwick. She's good and you could also look her up.
Story of my life! I love my job but it doesn't cater for my all my needs
Real Estate Development is my business. If you want a single family rental that’s cool but I would skip that’s and go straight to multifamily or flex commercial space.
Not everyone can qualify for a multi family
Start with a foreclosure auction sale. Don't be afraid of hard work.
@@yolandahebert2350 sound simple, but that itself has a complex set of rules and if not careful can lose a lot.... plus competition can get a bit tough..especially nyc area.. but there are big gems but you have dig hard.
be able to do well what others cannot and your business will never fail
Yes, as old as indentured servants did for passage to America dud work their lenders 1.couldnt do or 2. Didn't want to do...remains the way into the economy.
Thank you for sharing this. In the context of the title of this video it’s really great info. Makes sense. 🙏
If I was making $5000 a day with ecom I wouldn’t be thinking about selling courses, all these gurus are so giving
You're the most detail, right in point and clear, thank you 🎉🎉
He is also the most honest.
i appreciate the displayed Family First book, you're a tippy-top gent & i plan to learn much from you, kudos..
You really didn't explain how HARD it is to promote an online business. It's not as simple and straight forward as you made it sound. Just because you build it doesn't mean they'll come. And online advertising is not easy nor cheap
This is very true!
That is with any business or unless you have customers all ready then your business will make it from the beginning, but if you’re starting from scratch, all business is gonna take at least three years for you to actually see the benefit. You just have to have the common sense and say this is gonna take time and you gotta understand that People goes into these business thinking that they going to make money right away and you’re not it’s just business.
Exactly, promoting and advertising is the real bleeding not creating and maintaining a website, smh 🤦
Isn’t it futile to have an online store when you can find the same and unique products on Amazon. The Chinese have made it close to impossible to even shop in Amazon much less having a dinky online store where anyone can just use Google lens to find the same product at a cheaper price. Also as soon as your unique t-shirt or other product you made gets online someone else will make the same thing. All they have to do is see how your sales are. It’s like chasing your tail. I could see how you were successful back in 2009 but those days are over.
First off. Most people are omnichannel today. Second, it's not all about price. It's about marketing and the emotions you can instill in a customer. Take a look at true classic tees. They sell plain shirts for $25. I have tons of examples from students in my class. In fact an interview is going out tomorrow from one of my 7 figure students. I've been selling for 17 years now. Do you think that people only buy cheap unbranded Chinese products?
@@mywifequitherjob You are basically talking about unicorns. I'm not talking about cheap unbranded Chinese products but talking about how it is much easier nowadays to buy a similar product with AI helping you out when you shop. For the masses, it is feasible to do what you are saying but like you said you have been selling for 17 years, thus explains why you diverted to doing blogs and paid courses. Selling items in a small website with sales funnels is more difficult now. Yes , you can make a few sales but I wouldn't say that you will make millions like the unicorns.
@@justhere3794 I didn't "divert" anything. I run a 7 figure store over at bumblebeelinens.com. I own a warehouse with employees. Running a business is difficult but it can be done and I have so many recent examples of colleagues and students doing 7 figures. If this is your current mindset, then yes, you aren't ever going to make money nor are you ever going to succeed. Making 6 or 7 figures is quite doable. And I'd hardly consider True Classic Tees a unicorn... Stop making assumptions based on your own limiting beliefs.
Exactly right. Today millions are sellers same products andvllgger
@@mywifequitherjob❤ And there is the Key 🔑 If you surround yourself with Belief- I am learning that as I speak- Faith in what you do can grow or destroy your potential.
Just as with health- I was sad most my life after loosing my first husband to a heart failure when he was 22- I had to overcome fear of dying when I would turn 22.
Then for our only son who died in the last year.
This man in the comment needs to start Believing he will succeed- or success will not happen.
Great 👍 Faith and Blessings to You and Tour beautiful family sir.❤ Thank you for lighting the candles 🕯️ of others- and not being discouraged .
This is the first talk I have heard of Yours- and positivity is what I seek- enough quicksand in my life 😅
I choose to grab onto the helpful hand you offer- May this fellow do the same. ❤
This ecommerce is starting to get me. I am science person 😄😄😄. I love the idea of dropshipping. The way you explained makes me get into it.
Thank you for being there. God continues to prosper and teach 🙏
You can be successful in any present businesses, if you follow the principles:
The product or service should be handy, convenient and easily available.
The quality of the service should always be high standards all the time. No compromise.
The price should be such that the product or service fetches the value for money.
Engage with the customer as frequently as possible.
Rest, focus on the given task and then move ahead.
4 Businesses With AMAZINGLY Low Failure Rates-
(1) launching an online store-dropshipping store,print on demand store,jewellery store etc.
(2)content creation-website, blogging etc.
(3)youtube channel
(4)real estate
The first one has a lot of competition and big companies can sell products or printed stuffs for a very low price compared to a small business.
You have mentioned Real Estate as a lucrative business. Do you feel the same about Digital Real Estate? Where you would be buying and selling websites.
I’ve noticed a lot of laundromats close here
Rare to find one these days
Can’t imagine the electricity costs !
How to make money? Tell others how to make money
He's been doing this for many years, so he's not a newbie trying to persuade people.
Well maybe we should do it? And then once we are making money we can talk about and do what we want?
Sell a course
This is how Tony Robbins began. He wrote a book on how to get rich before he had money.
I don't think Tony Robbins is rich.
YOU FORGOT ONE THAT NEVER GOES OUT OF BUSINESS.................THE Liquor STORE!!! LOL!
Which coincidentally has better business when other businesses go down. lol
lol i know thats right
The business that never fails is shown up on your video background. Take care of your family.
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
1. example: Online stores fine but how to find what product to sell, how to buy where to store the physical products ...how to handle the cost involved of business?
first 3 are how to market it ....but real challenge is what business to or content or what topic youtube channel !! please if possible share how to go about it. Thank you.
Thank you for recommending Rebecca Jin financials on one of your videos. I reached out to her and investing with her has been amazing.
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
Do you mind sharing info on the adviser who
assisted you? I'm 39 now and would love to
grow my portfolio and plan my retirement
She's Rebecca Jin financials
How do I access her ? I really need this
+130
I dislike drop shipping. If there is a problem there is often no one to help. Also can be quite slow to deliver.
Good points! Thanks!!!
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
Thanks a lot for this recommendation. I just looked her website up, and I have sent her an email. I hope she gets back to me soon.
Mr hacking I have a question, can you let me know how much time it will take for Green Card application. my adjustment of status application was received to USCIS on March 14,
2024.
Thank you Steve. This was rather helpful
I really want a small e-commerce store... But i want to buy it ready made.
low barrier to entry, low risk, low rewards. there are 2 billion hungry a Pakistanis, Indians and chinese are doing this already
The fees for doing business go up all the time and def. year after year. It costs a lot of money to keep a business open. Nowadays the prices are outrageously high and most people are not buying. Groceries and rent and the business to be in, oh and hospitals. What is terrible is the subscription model for services. An absolute raid!
Thank you for your very informative video. I hope everyone is having a wonderful day. Sheila Mink in New Mexico
Which credit card processing do you use or recommend?🙏
Thanks for cool content, do you have a video where you show how and where do you get the products for selling online?
Typically, low risk businesses also have low reward potential as well.
Wow, this video is simply amazing!
It's one of a kind where I don't learn anything but it will probably be the one that will make me prosper the most if I follow it,
Thank you so much for this weak-up call!
Fail, this one needs to !
I was a field service tech for Cummins Allison 852 Feehanville Drive Mount Prospect, IL 60056 they make money counting equipment (not the diesel people) however this is what ya deal with, half assed furbished parts and to top it of they told me not to do the preventative maintenance anymore at customer sites just run the vacuum a little bit and wipe down the machines. I was like "But that is gonna make the service call numbers go up and is >theft of service< WHY ? Well they wanted to keep selling new equipment every 3 years or so see ? With At Will I was fired,SAD HUH ? Country is in TROUBLE...
“Most business fail” that’s what I call a motivational quote to start a video 😊
Do you need to register in Wash Dc to have an online business?
So no expense starting a blog or TH-cam channels even those you need internet access, phone etc?
How do I sign up with TH-cam to upload content and get paid?
How can you buy in bulk and resell
great video! what was the free open source shopping cart you used when you started?
I think you are honest in your talking I watch you from the Caribbean
Okay man but can you tell me how can I learn how to sell it online now
He can! He has a podcast and you can watch his other TH-cam videos. He has a newsletter and he teaches classes. Follow him to learn. :)
Online is fine, but how do you get the clients to come to the site with out extra costs?
What do you use for a business address? Do you need a business address to have online store?
I recommend having a business address, even if it is just a rented Post Office box. I hate sites where you cannot see where the business is based. It's like, what are you trying to hide?
he's making it sound easy but it takes time and effort to establish and start. anyway thank you for this content, doing some research as of the moment.
Very true. Ecommerce is very difficult. I find this misleading.
You can start an E-commerce business for free...literally! Of course it might take time to establish your business and that's how 99.99% of businesses go.
@@Celebscandaldude it costs thousands in paid ads and seo for your store to become established
@@Davo32310 Not true at all!!! And I can tell you have never opened an online store or you are doing it wrong.
@@Celebscandal You can't tell anything bro it's either your TIME (SEO, Link Building, Establishing Social Media Presence) or your MONEY (Paid Ads, Media Buying, Endorsements, Paid SEO Services) etc. The way these influencers make it seem like online stores are so easy to setup and drive targeted traffic to because they're cheap to create is dishonest. 🤡
Thank you for sharing, very informative.
I'd do a triple like button if I could on this video. It is outstanding the way you presented the information. It makes a lot of sense the way you explain it.
I used to live in a building with a failed laundromat on the ground floor.
There are more videos on print-on-demand than people making money from print-on-demand!
Is inventory source good or bad
I have just started store on Amazon under 300$ but Amazon is charging a lot of fee n I started loosing money
dont try to expand. I have been trying this for 2 years.... ton of money wasted. PPC, Ad fee. If I could go back 2 years ago I WOULD HAVE NEVER started in AMZ. Invest your money in the stock market or something.
But what kind of online store
What the high risk for loan
Great content!!
The interface of 4RA is very clean and well-organized. IPL betting feels great on this platform.
@mywifequitherjob Are your courses Step-by-Step (literal pdf with s-b-s) instructions? I am 66 and not totally technologically challenged, but I do not have a natural acumen that naturally and intuitively knows what to do and connects the dots. One strength? I don't quit. I just need clear instructions and someone to whom I can ask questions. I can't afford to retire and I can't keep up a 12-hour a day j.o.b. much longer. Thank you for responding....I do hope I hear from you. I need instructions on how to get started and to get established. TY ❤
How much did you pay for Advertising per day?
I know the price for Advertising per day could cost from $1, $5, $25 per day. All depends on how much a person can afford to start off.
Most of our sales were organic early on. But yes, advertising costs money. Once it's profitable though, you want to spend as much as possible
@@mywifequitherjob please I would love to take your course and have u as my perminent consultant on building my online stores brands and TH-cam channel
@@mywifequitherjob
ok but SEO is not FREE either
I appreciate the info especially the 1031 rule in real estate, definitely got to check that out 👍
Landlords and employees are the downfall of every business
Real estate. For sure not when world burns with wars.
How do you make an online store and products? I have an online store, but I don't know where to market it or how to?
Is this for world wide
Thanks for this great message. BTW, I signed up for your free e-commerce course. I tried to get the bonus, but the link is broken. 😊
The link shouldn't be broken. Can you email me the link you received?
❤❤❤❤❤thank you
I would like to start a online business?
very valuable info, highly appreciated from South Africa, keep up the awesome Work...
I have a Blog and no traffic 😞
Are there any business for india
Super speeches and presentation.
Self Storage isn't mentioned.
How can i buy amazon pallets please make video
Bro go to hibid and search pallets liquidation 😂 easy peasy
In this year 2024, and taking note of what is happening to the economies of the USA, Canada, Australia, New Zealand regarding private and commercial real estate, it is an area that I would steer clear of at this point.
AGAIN ANOTHER CLASS
eCommerce sounds exciting, especially because of the low costs, but one thing you forgot to mention are the high advertising costs associated with the activity. Not sure why you skipped that in your fine presentation.
I have many students doing 7 figures that do not pay for advertising. Instead they use organic social and SEO. Also, even if you do advertise, if you are profitable, it makes sense to spend more not less.
Thanks for your clarifying it@@mywifequitherjob
Misleading… business fail when they’re not profitable.
By that definition, reddit is a failure as was Amazon for many many years
Business fail when they can't pay their bills or debts. That's literally the definition of bankruptcy. @rukam3 never played Monopoly as a kid.
With employee as side to side businesses.
Great insights! Starting an online business indeed offers lower financial risks compared to traditional brick-and-mortar ventures, making it an attractive option for aspiring entrepreneurs. Leveraging dropshipping and print on demand models can significantly reduce upfront costs and streamline operations. 💼
What about managing logistics and its cost
How does youtube send me a check they dont know my address they dont know my bank info because they dont asked. How.?
You give them that information
@mywifequitherjob I'll look it up thank its in the settings right
Just because there are no statistics doesn’t mean that these businesses don’t have a high percentage of failure.
Sir Stephen Arthur is my name from Ghana please i want to learn dropshipping
Liked. Subscribed.
I'm interested... reminding myself