Hello everyone,
Over the past couple months I have been working hard and saving. I have been browsing the business broker websites nightly. It is interesting to see the different business concepts and how much the asset is worth compared to its profit margin in different sectors.
With that said I either want to buy a established business and improve it or start a service based company considering the start-up cost are usually much lower then retail. I have many skills I could use that I learned in corporate , marketing/ sales/ customer service. But now I really want to build something of my own.
I have looked into the franchise model which isn't bad if you own multiple units but it requires a large capital investment/net worth that I simply don't have as a young guy.
The business types I have found that Could work on this basis is Hair salons, massage places, cleaning service business( since you can work it at night during the early stages before you hire employees.
If you have any ideas I would like to brainstorm. I am looking to stay with B @motar style business's.
Over the past couple months I have been working hard and saving. I have been browsing the business broker websites nightly. It is interesting to see the different business concepts and how much the asset is worth compared to its profit margin in different sectors.
With that said I either want to buy a established business and improve it or start a service based company considering the start-up cost are usually much lower then retail. I have many skills I could use that I learned in corporate , marketing/ sales/ customer service. But now I really want to build something of my own.
I have looked into the franchise model which isn't bad if you own multiple units but it requires a large capital investment/net worth that I simply don't have as a young guy.
The business types I have found that Could work on this basis is Hair salons, massage places, cleaning service business( since you can work it at night during the early stages before you hire employees.
If you have any ideas I would like to brainstorm. I am looking to stay with B @motar style business's.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
