Choose Wisely! 6 Very Profitable Businesses to Start

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Title	:	Choose Wisely! 6 Very Profitable Businesses to Start
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Stay away from Food services low profit margin high capital improvement upfront cost next to impossible to get large corporate accounts very competitive and with working from home trend the model is damagedtough to hire train and retain employees us these are low wage jobs next to zero free time and never ending long hours dealing with problems and in many cases you have financial cost as you carry accounts receivable aging up to three months Dont do it
Comment from : Doug K2

Pimping ain't easy
Comment from : Doug K2

Commercial Property Rentals made the list?! Is this a joke?! This guy is, apparently, massively out of touch The commercial real estate market has been absolutely tanking since the pandemic Commercial properties are at 70 of their worth of only 2 years ago
Comment from : Darrah Danielle

Just here chill
Comment from : Kusuiurtle龜 - 台文外交龜 - Tâigí Taiwanese Diplomat

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Comment from : HitMeUpOnTELEEGRAM

how much money you need to start niche wholesale
Comment from : jh

God bless you sir, very helpful video!
Comment from : Ekom J

📌 bNice video, love how you take your time to educate your viewers You gave me the mindset to invest my savings now I have made profits over $120k Right now and still making more , I am enjoying a good life with what I made investing Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income/b
Comment from : Jeremy Ramos

Your videos has been great !! I am part of your viewers and i’ve been watching your videos lately I’m interested in investing but I still can’t figure out the right investment to engage in I’ll appreciate any help out here
Comment from : sardinha

Absolutely like how he transformed the 'boring-est' business ideas into the most fascinatingly enthusiastic ideas that I'd never think of A different way of thinking of such businesses:
Comment from : Anonymous

Accountants, dentists and lawyers are commodities What has a lower moat than a business that only requires a PC with Excel and TurboTax on it and some business cards (accountant)? I enjoy the content, but in the end, the message is that unless you have a few million to start a business loaded with government regulation and ripe for lawsuits (childcare and food service), enjoy your day job
Comment from : Art Howard

✨ Promo*SM
Comment from : Bradley Glover

Imagine taking advice from a guy that loses money 😂😂😂
Comment from : Nonleague

I don’t like home and number one but I also learned you can’t assume and you definitely can’t weigh in til you’ve heard the words
Comment from : Stefon Rogers

Really enjoying your videos, James Thank you Do you run your courses online? I don't want to come down to Londonistan
Comment from : Richard Boyd

I sell trading cards it coming along well
Comment from : Draco Jensei

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
Comment from : Daniel anderson

Wholesale
Comment from : Gustavo Bouchot

Well explained James!
Comment from : Drago Matinov

Those might or might not be good ideas, but A) you definitely need experience in all those fields and B) for most ppl they are not engaging
Comment from : Max Schmidt

What about Chiropracty? Surely that’s a racket, fake doctors with silly e-mailed diplomas telling you that you need 8 sessions I smell money there!
Comment from : BigLeagueChew11

Just pause the video a sec My God is that an actual bank on a high street and a Nat West one at that I need to to sit down and process this for a moment
Comment from : Simon Barnes

James, can I ask on the childcare piece A lot of publicity on closures due to underfunding by the government, what’s your take on that?brThanks
Comment from : Dominic Bill

Creating wealth and financial freedom isn't as tough as many people believe Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely
Comment from : Ilsa Henry

What are your thoughts on vending machines in niche markets
Comment from : Ammad Khan

What’s your view on residential cleaning business?
Comment from : kautilya21

Childcare Shudder Fine for some, I guess Not me Lol
Comment from : Peter Blair

Sensible and great advice My only question is why successful entrepeneurs and investor types start YT channels?
Comment from : Robert Huismans

1) GreggsbrThe man is standing bang in front of the answer at the start Steak slices are oozing cash!
Comment from : Miguel Dawson-Ambiado

Whoelsale? Is that a word?
Comment from : Dave Heaslip

Childcare should be not for profit in my view
Comment from : Samuel Burgoyne

High barrier to entry means you have to dethrone the existing businesses which means you need to be good at sales
Comment from : fred barnes

At the very least, I now grasp the concept of leveragebrCreating
Comment from : Gena Vazquez

“WHOELSALE” 😂 Anyway, all businesses depend on the quality of the manager you employ to run them
Comment from : MegaCityPatrol

It’s funny you say financial is “regulated” Only if you are the little guy!
Comment from : Joe N

James, you're awesome - thanks for sharing
Comment from : Aaron Carr

You forgot one business that never fails, selling bs on youtube lol 😆 😂 🤣
Comment from : Jessica Winslet

TLDR: The key idea of the video is that there are six profitable business models that can lead to long-term success and profitability, including starting a day nursery, investing in scalable businesses, focusing on food services, pursuing businesses with predictable cash flow, venturing into commercial property rentals, building a niche wholesale business, and starting businesses in commercial hygiene, waste services, finance, and other regulated industriesbrbr00:00 💼 There are six profitable business models that can set you up for long-term success and profitability, based on the speaker's experience in trading and entrepreneurshipbr00:57 🏫 Start a day nursery business because it has a good average lifetime value, customers pay upfront, and it is regulated, making it more likely to be successful and attract investmentbr02:46 📈 Scalability is key to attracting investment and profitability, with businesses like nurseries and hotels being prime examples, while the food services industry, led by companies like Cisco, thrives through acquisitionsbr04:05 🍽 Food services businesses, such as contract catering, are profitable due to repeat customers and scalability, making them a potential profitable venturebr05:25 💼 Profitable businesses with predictable cash flow, like canteen services and commercial property rentals, are valuable and can be easily soldbr06:55 💼 Investing in buy to let property in the UK is no longer profitable, so it's recommended to pivot to more cash-intensive and experienced ventures like commercial property rentals, specifically small warehouses and storage units, which offer tax advantages and high yieldsbr09:01 📈 Build a niche wholesale business in a big industry, import or manufacture products, and wholesale them to other shops to compete with big players like Amazon and supermarketsbr10:52 💼 Commercial hygiene and waste services, as well as finance and other regulated businesses, are highly profitable and recession-proof, making them attractive options for starting a business
Comment from : SBS Bookkeeping

Let's not get out of hand,brA business can be profit land,brSome will fail,brOthers just set sail,brBut me, I couldn't sell air to a drowning man
Comment from : Puddin Tame

Another grifter
Comment from : Waterman Place

Your videos are fascinating Very easy to watch and understand I’m not even in a position to start my own business yet but I’ve found myself watching one of these a day 😂 keep it up!
Comment from : oh hi mark

Car wash, Pizzaria, laundromat in a college town- in one plaza
Comment from : n ge

I'm also want to be landlord
Comment from : Light

Could you explain to us the business model of Red Bull? I love mountain biking and hit the trails regularly but that drink is awful! Water is enough Eat a protein bar or a trail mix brbrYet they are a sponsoring giant in extreme sports, as well as football How do they do it?
Comment from : lester chua

🔥🔥🔥
Comment from : Acesiz Official

Wholesale
Comment from : Sharpey

Doing business for money is different from doing the business as a passion Some may like to do the " failure" business with passion and succeed
Comment from : Selvaraj subrammanian

I rent a commercial property to a struggling restaurant, so both are potentially going to fail for the restaurant owner and me
Comment from : Chris Lee

"Barrier to entry" keeps coming up but if I don't have capital to invest and I'm risk averse to OPM, does that mean that I'm left with the low barrier to entry businesses?
Comment from : Dayton Outar

Whoel
Comment from : Mark Trick

1 Child Carebr2 Food Servicesbr3 Contract Cateringbr4 Commercial Property Rentalsbr5 Wholesalebr6 Commercial Hygiene + Waste Servicesbr7 Professional Services
Comment from : Айкут Конушбай

📌 bNice video, love how you take your time to educate your viewers You gave me the mindset to invest my savings now I have made profits over $120k Right now and still making more , I am enjoying a good life with what I made investing Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income/b
Comment from : Adam Womack

Actually, the most profitable UK giant is at 0:01 - GREGG'S smirking like a silly sausage roll behind us all
Comment from : Missy London

Hey james love your channel what do you think about vending machines, in my country there is no competition unlike in the us or uk and im thinking into getting into that i think it is a nice model predictable income and also very flexible u can move around
Comment from : Bl1nd

How about a simple parking lot litter cleanup service? Fortunes are being made by ordinary people willing to clean up after others The service is performed on-foot with simple hand tools Almost as easy as going for a walk! I started this as a side gig in 1981 and grew it into a six-figure business
Comment from : Brian Winch

#1 biggest problem with these businessesMARKET SATURATION
Comment from : Keanu Reeves

In other words, be a restaurant with the mind set to turn into food services or contract catering but to start you need to be a restaurant?
Comment from : Mr Nevertomorrow

In the US: brUsed car dealersbrLogistics brMulti family unit LandlordsbrOilbrEnergy
Comment from : Effervescent_Smegma

Human smuggling, drug trafficking because the US GOVERNMENT helps you through it all the way
Comment from : Allen Baxter

IN MY JOURNEY AS A JOURNALIST FROM ENGLAND, FATE LED ME TO CROSS PATHS WITH MRS KAREN CHARLES, AN EXCEPTIONAL EXPERT WHOSE LEGITIMACY AND MAGICAL METHODS HAVE LEFT ME DEEPLY TOUCHED HER NEW STRATEGY HAS BROUGHT ME CONSISTENT EARNINGS EVERY SINGLE WEEK, ILLUMINATING MY PATH WITH HOPE AND PROSPERITY
Comment from : George Amstrong

Child care - unlimited liability
Comment from : Paul Neubauer

VCs want to make 10x not 20 percent
Comment from : Julien Reszka

I know lots of mom and pop land lords who now are regretting the buy to let mortgages they worked great from 2008-2022 The majority are losing because A regulations change from the government My friend has 4 he cant rent out 2 because new builds have wooden balconies which are now aparnetly a fire riskthey're 8 years old The 2 others are because of the energy certificates He is losing £7k a month at the moment On top of the ones he by law can't rent out he is also having young people move home to their parents as they cant afford the rent hikes The rent hikes are needed as his mortgage rates have gone up Before regulations and hikes he was making loads of money The most part its the government over regulation which has caused current supply issues with building regulations and restrictions But over all the other mom and pop landlords are struggling
Comment from : Serenity Coast UK

Another great video Your insights really help me to keep moving forward thought the build up phase
Comment from : Sterling Archer

For the first time you tube is giving me better results
Comment from : ernest shuma

To obtain financial freedom, one needs to be a business owner, an investor, or both, generating passive income, particularly on a monthly basisThanks so much Luciana cruz
Comment from : albert john

What are the pros and cons of senior care facilities as they are called here in America relative to the context of this video?
Comment from : Dan White

Im going to have to disagree on the wholesale food niche Its too much headache for small margins Contract catering is solid tho
Comment from : Carlos Alvarez

La signora Florence è legittima e il suo metodo funziona come per magia, continuo a vincere ogni settimana con la sua nuova strategia
Comment from : nicola

I've worked as a software engineer in the digital marketing world for a long time now and I just realizeI can start my own business I'm good at what I do, so why not try? Super low overhead and low capital requirements
Comment from : Frei Aber Einsam

Wow what an amazing video! And if it wasn't for Myke Tyson who steered my portfolio off a cliff I too would celebrate and blow whiskey out of my nose!
Comment from : Rudolf Janse van Vuuren

None of that works for me, but great video anyway, at least helps you think differently about things
Comment from : Patrick Wiens

I always suspected childcare being profitable, allways oversubscribed Parents paid full monthly fees when the nurseries were shut for covid in some parts of london so the places wouldnt be lost and 17k a month every child to fork out thats why so many women sat at home as the cost are prohibitive The fact that its so profitable is actually makes me sad So many moms loosing their years of carreer life and or loosing critical competitive skills as they cant afford to pay those greedy bisnesses
Comment from : Yuliya Martynova

You are an impressive entrepreneur Thank you, from the USA, for your videos God bless you
Comment from : Doug Roberts

make youtube channel and tell people how to make money is the biggest business
Comment from : kd

Spelt wholesale wrong
Comment from : liam carberry

A common bawdy house is guaranteed to at least break even shortly after launch
Comment from : Dad Garage

#cringeFace
Comment from : Stupid Internet People

You work for 40yrs to have $1M in yourbrretirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires
Comment from : Olivia Ralston

I wouldn't consider professional services a "business model" It's not the type of business you just decide to do I spent the better part of a decade getting the credentials to offer professional services in my field This requires a degree (often advanced degree), internship etc
Comment from : The Raging Platypus

Are you all aware of this Great Reset agenda that's being pushed? They say that by 2030, we shall all own nothing but be happy CBDC/social credit score system, 15 minute cities etc, all aspects that will change our lives for the worse if the masses don't wake up to this plan All these business ideas, jobs and working for money will be gone basically
Comment from : Steve Clark

Most stupid list The easier a business is, the lower the barriers to entrance, the more competition and the less profit Everyone of these businesses are fairly simple (except maybe the wholesale) I'm surprised he didn't have opening a restaurant on the list
Comment from : Gus Terk

#8 Start a church Services can include Revelation for Rent, redemption packages sales, soul storage places on lease Become a spiritual barrister, represent your clients in the Heavenly Courts
Comment from : Janeka928

could you make video on self-publishing book business?
Comment from : Shoegaze Based Genre

Thanks❤
Comment from : Martin musokem

Thanks for continues updates! am super excited about how my investments is going so far, making over $13k every week is an amazing gain🤗
Comment from : Abraham Wood

I live near a tourist town There are entire blocks of vacancies in the business district
Comment from : Paul Moore

Not making upto a million before retirement is an unfulfilled retirement I’m 54 and my wife is 50 We are both retired with over $3million in net worth and no debts Currently living smart and frugal with our money No longer putting blames on the FED for our misfortunes Saving and investing lifestyle in the stock market made it possible for us this early Even till now, we earn weekly
Comment from : Fredrick Alfarez

Senior citizen care
Comment from : Violet Quayson

👍👍👍
Comment from : Xxx Oo

Stock And Crypto Investment Is Changing The Narrative of So Many People, a Good Trading System And Would Put You Through Many Days of Success
Comment from : Felipa Reina

Love this Jameshope to catch you one day on my many visits to Rossi
Comment from : Steve Harman

What about franchising?
Comment from : Michael Nwobu

Wow, what an incredible video! No matter the circumstances, it's crucial for everyone to have a burning passion and a clear goal to strive for Once you have that focus, making choices becomes effortless and enjoyable Personally, I've witnessed a remarkable transformation in my financial journey From an ordinary lifestyle to earning over $63k per month, it's truly astounding! By consistently compounding my income through various profitable investments like savings accounts, stocks, bonds, and high-yield dividend funds, I've built a well-diversified portfolio worth seven figures Thanks to the guidance of financial professional Gregory Thomas Patchak, I've learned to concentrate my efforts and prepare for any financial struggles that come my way The world of finance is full of opportunities, you just need to stay focused on the right path
Comment from : Luke Bellingham

Great stuff James, great targetting So many tiny businesses are outside that and their owners work hard for very little Sad
Comment from : John Bridges

I don't think you can have so many businesses and be exceptional at running all of them at the same time Something that is worth emphasizing is focusing on just one thing
Comment from : Michael Lwande