How I Make 500K Per Year From Mini Mail Boxes

Рет қаралды 70,091

2 ай бұрын

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Check out Lisa's website: lisasongsutton.com
Ken McElroy talks about mailbox rentals with Lisa Song Sutton, a former corporate lawyer turned entrepreneur. Lisa reveals how she built a thriving business generating over $500,000 annually from tiny mailboxes. Learn the keys to her success, the strategies that got her profits, and how you too can turn a simple concept into a steady stream of income.
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Пікірлер: 104

@KenMcElroy 2 ай бұрын

If you want to support the channel, please share this video to increase its reach. It would really help us out, and it motivates Ken to make more videos. Thank you so much it really means a lot.

@youngk6955 2 ай бұрын

Ken, im very interested in multifamily investments. Where can I get financial statements for certain apartment complexes, as I can find financial staThanks! for stocks in SEC. Thanks always!

@LisaSongSutton 2 ай бұрын

Thank you so much for having me on the podcast again, Ken! I’m always grateful for your mentorship, kindness and inspiration!

@ignaciomiranda7579 2 ай бұрын

hello, what happens if I send a over sized item like a car engine size box and it takes months for me to go and take it? never mind I just watch your other vids, marry me

@doubleroti4672 Ай бұрын

Golden information! Thank you so so much!

@AbdulKarim-db7xp 2 ай бұрын

Thank you for your research. I find your videos are well done. RIght now I'm keeping an eye on Eledator

@User-dn4vi 2 ай бұрын

Ken, thank you for another great episode. This is hands down the best channel for entrepreneurship. You’ve been an incredible enriching resource through my journey working in real estate development.

@EcomCarl Ай бұрын

Lisa's approach to the mini mailbox business is a brilliant demonstration of how niche markets can yield significant returns. Location and understanding customer demographics are key factors in replicating this success in similar ventures. 💡

@Pug318 2 ай бұрын

Really really enjoyed listening to the interview, opening my eyes up to this business model. Thank You

@monkeyfinger7949 2 ай бұрын

This woman is a mind blowingly smart entrepreneur! Thanks for a really eye opening video. Who knew?

@kikeherrera3921 2 ай бұрын

Thank you Ken for these videos they are so inspiring. How do I get more info on this business model?

@clintonmurakami3753 2 ай бұрын

Great model with low entry, thanks for the video.

@tanyapaula8842 2 ай бұрын

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to John Preston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

@catherinelyng1353 2 ай бұрын

Please how do I go about it, am still a newbie on investment trading and how can I make profit?🙏🙏

@tanyapaula8842 2 ай бұрын

HE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.

@tanyapaula8842 2 ай бұрын

@johnPtrader ⭐⭐⭐

@catherinelyng1353 2 ай бұрын

Thanks for the information... I will contact him as soon as possible. I also want to gain good knowledge and stop losing.

@virginiakershaw6119 2 ай бұрын

I agree that there are strategies that can be used to generate solid profits regardless of the state of the economy or market, but such implementations are usually carried out by investment experts or advisors with experience.

@mc-kz8zn 2 ай бұрын

Really interesting, thanks for having this pod.

@AbdulRasheed-fb9vg 2 ай бұрын

Oh, I love you guys, the best market analysis! Seriously, why not mention Eledator?

@RobotsCanDoAnything 2 ай бұрын

I love Lisa's energetic energy. Thank you guys for an excellent video post.

@tjsokkerplayer 2 ай бұрын

Great idea to approach a business owner and create a successful blueprint for 10k. Some would balk at that price tag, but knowledge is everything. Some pay far more than that for college tuition and get much less in return.

@ddhhayes 2 ай бұрын

Great show guys!

@Bitcoin_Gold 2 ай бұрын

I have a p.o. box at us postal office in my area. They now offer free street address mailing. So all my ups or federal express can be ship there. Also what I get for free is email alerts letting me know if I have mail. No more checking every day of I have mail. Finally and more convenient

@RicondaRacing 27 күн бұрын

The UPS franchise dictates how many physical mailboxes are on the floor but there is virtual boxes that are allowed also.

@papa1351 2 ай бұрын

Great video, I only have one comment that the lady got wrong is that almost all postal offices do offer street addresses attached to your postal box and they will receive your packages for you at no additional cost. That being said they will not advertise this service, they might not even know that they can do it. I had to train the counter and Post Mistress about this service and they have done a great job since. There are no postal stores in my area so training the Post Office was my only option It would be a great area to open one, once retail space is built. In the neighboring towns UPS just took away their franchises even though there is always a line, not sure whats that about.

@Bitcoin_Gold 2 ай бұрын

Yes true I been using postal street address delivered to my po box. Also great I get alerted by email that I have mail. No more going check everyday. So convenient and no charge for that service for being notified

@gtcam723 Ай бұрын

My local one has no openings and the customer service is absolutely terrible

@lillianluna-garcia9668 2 ай бұрын

I work for USPS and they do have a Guarantee delivery it’s called express…. You welcome…. And yes USPS is the cheapest delivery system because we deliver for every carrier they just overcharged the customer when u go with a Third party…. But good broadcast I should open my store 😊

@soundstructuremedia 2 күн бұрын

Yea but some businesses or entities don't deal with P.O. BOXes..U CAN USE THIS AS A BRICK & MORTOR... YOUR WELCONE

@Darkness-ie2yl Күн бұрын

it's all about taking advantage of gullible people. that is how you can go enjoy life on a beach in Paris with the movie stars.

@gtcam723 Ай бұрын

I have considered doing this.

@melted.minds. 2 ай бұрын

Wow!!! Such an innovative idea for a business model.

@acuracy00 2 ай бұрын

I took her course and it is great. I’m trying to get a store going in St Petersburg FL but rent prices are ridiculous.

@daimyruizrealtor1683 2 ай бұрын

Really ? I want to take it but I wasn’t sure if it will be good, I’m in west Palm Beach Fl

@brittnilie977 Ай бұрын

How much did it cost and do you feel like the value is worth it?

@javier_PuertoRico 25 күн бұрын

Right now the small PO Box in Puerto Rico from USPS is $200 per year.

@darkknightbk 2 ай бұрын

How is this different from ups franchise? Other than you don't have to pay franchise fee

@David.D3 2 ай бұрын

You're not capped on the amount of mailboxes to put out.

@shawnd9896 2 ай бұрын

This business model has been around for years now. It works well if you dont live in an hellified expensive state like New York....Rent would eat up your profits.....

@Greg_Chase 2 ай бұрын

She is awfully cute for being such a winning business intellect! Many of us have used remote mailboxes over the years. Seems like a nice idea.

@Danilo0717 22 күн бұрын

How many mailboxes do you have?

@jgg204 2 ай бұрын

My usps PO box is $118 per year. And has a virtual address that accepts FedEx UPS and Amazon packages, also referred to as "Street Addressing" which also allows you register your business there. And my post office lobby is open 24/7/365 and has package lockers. Why would I rent hers for $20/mo with limited hours for getting mail and packages?

@andrewhollern 2 ай бұрын

Because you can’t register a principal address for a business or an individual without a “physical” location. I have my business and individual docs tied to a UPS store address, so customers and stalkers don’t show up at my home (like they have in the past). Plus, USPS is not conveniently located near me and typically has long lines for mail-outs.

@jgg204 2 ай бұрын

@@andrewhollern This is false. About 7 years ago the USPS rolled out physical address feature with your PO box subscription. Most post offices across the country now allow you to use their physical street address, to both receive mail and packages and business registration. Look it up, it's called "Street Addressing", you're behind the times. I have had my business registered to the physical address of the post office now since 2018.

@intelligizeme9199 2 ай бұрын

P.O. Boxes aren’t good for businesses looking to establish a business bank account, especially businesses funding. It boils down to your businesses needs and your business long term goals.

@abel4776 2 ай бұрын

Did you sign a contract with the USPS? You are now owned by them, IRS, ATF, FBI, all have legal authority over you. Give me private box, any day of the week.

@Higgs000Boson 2 ай бұрын

Maybe she scans and recycles incoming mail? This would be a huge improvement.

@patelse Ай бұрын

Not all glitter things are gold.

@karenwinkler3069 2 ай бұрын

Expensive

@brianwoolery7302 2 ай бұрын

heck yeah. I'm in.

@FrenchChefatYourHome 2 ай бұрын

thanks from Paris, france

@vladpawnczar3085 22 күн бұрын

Does she net 500k?

@CharlesVaughn-bm9gq 2 ай бұрын

$500k revenue or net profit?

@alberteinstein8959 2 ай бұрын

Grose revenue..... EBITDA is what you're hoping for😂 Interesting interview though✨

@Higgs000Boson 2 ай бұрын

Yeah, it was so much blah-blah that I could not finish listening. Did she say anything about profit margins and return on investment?

@stephenconnolly1830 Ай бұрын

Really interesting insight into US culture, but completely irrelevant to those of us living in a civilised part of the world with a decent and reliable mail system.

@codacoda565 2 ай бұрын

My question for Lisa would be how does the new digital dollar and credit card and bank statements going paperless affect her business

@abel4776 2 ай бұрын

No effect, so long as they don't force everyone to have up-to-date vaccine passports to have the privilege to transact in digital dollars. Chinese WEF model, social credit score, etc.

@Whouschooling Ай бұрын

U don’t need a government contract for that

@isaiahfritz 2 ай бұрын

True mailbox money 💰

@joeshmoe7899 2 ай бұрын

Survivor bias. How many businesses went under, for this one success story.

@jjwe2002 2 ай бұрын

But aren't virtual mailboxes killing physical mailbox rentals?

@saulmarquez8989 2 ай бұрын

How do you receive a virtual package ?

@CM-sy3to 2 ай бұрын

Needed for affairs, criminal activity, and people who want to disappear.

@theshadowless01 2 ай бұрын

aren't virtual ones emails? That has been around forever.

@LisaSongSutton 2 ай бұрын

Nope, we partner with them! For example, we service iPostal from our physical stores too.

@jjwe2002 2 ай бұрын

@@LisaSongSutton Thanks Lisa! Btw, we love your mailbox course!!

@Buckaroo801 Ай бұрын

People need mailboxes today?? 😮

@automotiveprofessionalsper3960 2 ай бұрын

We all know why she gets privileges 😅😂.

@Thisismeofcourse 2 ай бұрын

why?

@bvssrsguntur6338 2 ай бұрын

Looks?

@ds2911 2 ай бұрын

Why r you assuming that no one willing to pay for the business? Don’t jump in to conclusions that everyone is cheap. Be responsible for your own actions , ideas or assumptions.

@ds2911 2 ай бұрын

The course was not offered. Simply “no reply “

@peacefreedom4930 2 ай бұрын

It’s on her website

@ds2911 2 ай бұрын

I contacted her location a few times, left messages and she never returned my calls. Unfortunately. I was excited to talk to her and hopefully learn more about her business model, but. It didn’t go anywhere. I Guess talking about her own success and helping to someone it’s not the same thing.

@OmahaTonyG 2 ай бұрын

There is nothing more annoying than a person demanding something for nothing.

@samyin330 2 ай бұрын

Did you forget to tell her you had at least $10K ready to go to learn the business? It takes money to make money.

@tradermunky1998 2 ай бұрын

The self entitlement just oozes in this comment 😂 Her website has a course btw.

@monkeyfinger7949 2 ай бұрын

This comment has a really creepy vibe to it. Women are victimized by a lot of twisted men. I don't blame her for not taking your call.

@AT-lp8qg 2 ай бұрын

You are not entitled to anybody time just as others are not entitled to yours. We all only have 24 hours a day. I’m a nobody but I wouldn’t pick up stranger phone call either.