Choose Wisely! 6 Very Profitable Businesses to Start

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James Sinclair

James Sinclair

Күн бұрын

If you've thought about starting a business or even if you're in business, you will know it's really tough. But how do some businesses seem to make more money than others? It's all about having a great model. In this video I share 6 very profitable businesses and why their models are set themselves up for success.
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Who am I?
My name is James Sinclair and I'm the founder and CEO of The Partyman Group of Companies. I started building my business when I was just 16 as a family entertainer after that I built up an entertainment agency, then moved into building a leisure and day nursery businesses. Today we operate a £30 million business which includes leisure, childcare, outdoor attractions, commercial property, arts and crafts manufacturing as well as one of the UK’s oldest Ice cream companies; The Rossi Ice Cream Company.
#business #entrepreneur #businessowner

Пікірлер: 625
@Konushbai
@Konushbai 10 ай бұрын
1. Child Care 2. Food Services 3. Contract Catering 4. Commercial Property Rentals 5. Wholesale 6. Commercial Hygiene + Waste Services 7. Professional Services
@paulfri1569
@paulfri1569 10 ай бұрын
Cheers mate 🤠
@marshallmccann4224
@marshallmccann4224 8 ай бұрын
Thanks dude
@jaylev530
@jaylev530 4 ай бұрын
Thanks
@Manc-fh5we
@Manc-fh5we 4 ай бұрын
DJ. Apart from transport cost and initial outlay pretty much 100% profit.
@sandymclean9630
@sandymclean9630 3 ай бұрын
thank you !!!!!
@ronanmc2112
@ronanmc2112 11 ай бұрын
Number 8. Conferences telling people how to start and run a business. Never any shortage of consumers.
@PinkDiamond7777777
@PinkDiamond7777777 11 ай бұрын
😂 Aye, fair.
@georgepresley5120
@georgepresley5120 11 ай бұрын
😅😅😅😅
@Shoegazebasedgenre0.
@Shoegazebasedgenre0. 11 ай бұрын
aka grifters
@rishavmasih9450
@rishavmasih9450 11 ай бұрын
@@maxwellboyne2770 simple, ask yourself a question if you were a businessman would you train or help your competition.
@idkwhy77
@idkwhy77 10 ай бұрын
Problem is, to have credibility you to have success already..
@always_b_natural703
@always_b_natural703 10 ай бұрын
Our friends had a Chinese restaurant in a very upscale community. People were driving from miles around to go to this restaurant, and they did a lot of take out/delivery. Then a national restaurant chain bought out the strip mall where their restaurant was located and they turned it into the godsend they needed. They rented a storefront in an industrial area, and made lunches. They got several contracts for business meetings/lunches from large businesses. (They got these contracts because they were feeding these executives They hired some Chinese grannies to make organic spring rolls and samosas that they sold all over the province. They worked 8-4, had weekends off, and were able to live a normal life again.
@Indy_at_the_beach
@Indy_at_the_beach 11 ай бұрын
Great ideas. When I was young (40+ years ago) I started my own business and had all the confidence in the world. Now happily retired I still keep my eyes open for business ideas. What I have noted is that I am far more cautious in my evaluations as I know how hard it is to make things happen. That said, I would encourage any young person with ambitions to own their own business to work in that industry for a while to see just what it involves. Then they would have a much clearer idea of how to run their own. Take the leap. You can always bounce if you crash but a leap not taken can keep you on a boring path.
@RonanTOC
@RonanTOC 11 ай бұрын
💯
@star123_12
@star123_12 3 ай бұрын
What business did you go into?
@luckycontestant9664
@luckycontestant9664 11 ай бұрын
I did childcare here in the US during the 70's and 80's it was very profitable. The idea I came up with along the way is "Parent's Nite Out" pick a regular evening during the month or perhaps provide this service on the weekends. The kids are dropped off about 5-6pm provide a party atmosphere, games, movies etc. and the tykes eventually go to sleep once they conk out. Feed the kids breakfast and parents come and pick up their kids in the morning about 9am. I did this mainly on New Year's Eve and was very successful with it. Just throwing an idea out there. I'm retired now.
@murugicaro1
@murugicaro1 11 ай бұрын
Thanks I like that very much..
@john80944
@john80944 11 ай бұрын
You don't have to get a license for that?
@luckycontestant9664
@luckycontestant9664 11 ай бұрын
It depends on your governing authorities that license home daycare facilities. I was told when I inquired about it ( years ago) that a license was not necessary because the activity is periodic and you are not babysitting the same kids on a regular basis but perhaps laws have changed since then so it is best to make a phone call to inquire if licensing is required. However, to protect yourself I would have the parents/guardians sign a release of liability for the evening and I would have a video camera rolling to record the activities in the room. I would have the parent's bring the kid's sleeping bags and I would provide floor mats.
@pholliez
@pholliez 11 ай бұрын
Our childcare (in Australia) did this on NYE and once in July. If your kids were already enrolled you could sign them up for it, additional cost to normal fees. My 2 LOVED it and we were happy to spend the money since it meant we all had a really special night.
@josephdykes1820
@josephdykes1820 11 ай бұрын
When our child was a toddler, we took her to "parents night out" at a place that had a daycare during weekdays and taught classes in the evenings
@rpgreseller
@rpgreseller 11 ай бұрын
1. Child Care daycare 2. Food services: supply restaurants 3. Contract catering 4. Commercial property rentals
@andrewallen9993
@andrewallen9993 11 ай бұрын
No. 4, right up until everyone works from home :)
@gee3883
@gee3883 11 ай бұрын
Commercial properties are falling off a cliff.
@advancetotabletop5328
@advancetotabletop5328 11 ай бұрын
2. Pretty ironic, considering that restaurants are terrible businesses. (:
@BELIKEJUATER
@BELIKEJUATER 11 ай бұрын
@@andrewallen9993Office buildings aren’t the only commercial property. I’m sure storage facilities are doing well
@andrewallen9993
@andrewallen9993 11 ай бұрын
@@BELIKEJUATER commercial is office, warehouse, manufacturing and retail so that's 3 out of 4 :)
@rabokarabekian409
@rabokarabekian409 11 ай бұрын
GLORIOUS ADVICE!! just as in the old saw, "If you want to make a little money in business, first start with a lot of money."
@trainingbuster7499
@trainingbuster7499 2 ай бұрын
I have been in business for about 8 years. it's so nice to see someone worth listening to. With no BS. Thank you
@lewisburton1852
@lewisburton1852 11 ай бұрын
Just because a business model is good doesn’t make it easy! Childcare for example high liability, I’ve heard stories of one kid biting another kid literally all day (lawsuit) peanut allergy death (lawsuit) babysitter abusing kids (lawsuit) especially here in the U.S. a very litigious society. Great video! Either way.
@tellmesomethinggood.
@tellmesomethinggood. 11 ай бұрын
I have a friend who has never paid herself in 20 years. Impossible business model, childcare, unless perhaps on a very small scale in home service.
@lewisburton1852
@lewisburton1852 11 ай бұрын
@@tellmesomethinggood. yeah, that’s not a business nor a job that’s a torturous hobby.
@thespacesbetweenstudio3346
@thespacesbetweenstudio3346 10 ай бұрын
child care also has a lot of government regulation and oversight that can make a lot of red tape
@LJLloyd2010
@LJLloyd2010 10 ай бұрын
​@@tellmesomethinggood. "I have a friend that did not have the skill to make it work" =/= impossible business model
@stevenhull5025
@stevenhull5025 28 күн бұрын
And childminders going to prison for manslaughter for shaking a kid to death.
@brunosmith6925
@brunosmith6925 11 ай бұрын
Not so sure about commercial property rentals... Increasing amounts of empty space - many reasons, but the signs are not good for most commercial properties. Too risky when one considers future trends in employment and lifestyles.
@Nancy98r
@Nancy98r 11 ай бұрын
Sending prayers and positive vibes to our country during these challenging times. It's crucial for us to show compassion and support to those who are facing homelessness. Together, we can make a difference and create a more caring society.
@Britneydams6547
@Britneydams6547 11 ай бұрын
My greatest concern is how we can recover from this current economic and global challenges, especially with the political power tussle going on in the states.
@Addisonbil336
@Addisonbil336 11 ай бұрын
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth I've heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?
@Addisonbil336
@Addisonbil336 11 ай бұрын
​@Bradfordleo134It seems like you have knowledge about trading. It's advisable to started with $20k to $30k in period of 3 to 4 months? But I'm scared due to market risk. And I don't wanna miss out due to ignorance I need advices.
@Addisonbil336
@Addisonbil336 11 ай бұрын
Sounds interesting, I was planning to invest $7000 in some coins, stack them, and leave them for a few months. I've been hearing about Sherryl. How do I connect with her?
@anythingbutwoke
@anythingbutwoke 11 ай бұрын
Homelessness cannit be solved because the government doesn't want to solve it. Los Angels soent 1.6 billion on homelessness last year and its worse. Where do you think the miney is going? To millionaires. Its a way for the rich to get richer . Its all fake. Stop spending the money, let it go. It will solve itself.
@steveharman8907
@steveharman8907 11 ай бұрын
Love this James....hope to catch you one day on my many visits to Rossi
@stevemullen3666
@stevemullen3666 5 ай бұрын
Business that never fail. Wow, not misleading at all.
@georgeamstrong1750
@georgeamstrong1750 10 ай бұрын
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@teofilaortiz1836
@teofilaortiz1836 10 ай бұрын
Trading with an expert yields significant crypto returns.
@teofilaortiz1836
@teofilaortiz1836 10 ай бұрын
Newbies often make the mistake of not seeking professional guidance and help, like Exp Mrs Karen Charles, who is dedicated to providing knowledge and strategies in the cryptocurrency market.
@olinnewton5808
@olinnewton5808 10 ай бұрын
I'm pleased with my investment in Exp Mrs Karen Charles, and I'm still reinvesting while the trading continues
@olimpiadinzeo4830
@olimpiadinzeo4830 10 ай бұрын
In the midst of credit and sorrow, Mrs. Karen emerged like a guiding light, bringing me immense relief and financial joy. Today, after God, I stand thankful for her support as I receive a profit of $30,000. Her impact on my life is truly touching and transformational.
@ivyjenkins1629
@ivyjenkins1629 10 ай бұрын
With Mrs. Karen, my trading experience is secure, yielding over 100% return on investment directly to my wallet.
@craig-robinson
@craig-robinson 3 ай бұрын
I used to watch James years ago. I’m so glad he popped back up today. Great guy.
@ambaro0887
@ambaro0887 10 ай бұрын
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:
@investidorsardinha793
@investidorsardinha793 10 ай бұрын
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
@longyao722
@longyao722 10 ай бұрын
Yes, it's true, there's been a lot of talk about investing lately, but I'm new and also curious how I can get started. Can anyone explain how to invest and how to get started ?
@milda5020
@milda5020 10 ай бұрын
In my opinion, investing is not about getting rich but about gaining financial independence. You need a financial advisor to help you become a professional investor. I became successful by following the instructions of my financial advisor (Nicole Brusher) who resides in USA. So far, I’ve no regrets.
@investidorsardinha793
@investidorsardinha793 10 ай бұрын
Amazing, such an amazing information you got. Can you share more details on how to get in touch with your Financial Adviser? Like I said , I’m very interested and will start if I can get help out here.
@milda5020
@milda5020 10 ай бұрын
She's on inst 'gram
@songwo6316
@songwo6316 10 ай бұрын
It's great to come across this information. There are many ways to get rich, but without the knowledge and guidance of a financial advisor, you make bad financial decisions. I work with Nicole Brusher and now I say to anyone who wants to listen; "If you don't invest, you will regret it later in life."
@matthewchandler2647
@matthewchandler2647 11 ай бұрын
How serendipitous. I’ve built my Amazon business (on your naughty list) up to $5m in sales, and am now starting a professional services business (on your nice list) serving other eCom sellers. I suppose I’m graduating!
@Patangy
@Patangy 11 ай бұрын
I don't think he's saying putting a business on Amazon is bad. The important thing is it's not large enough ($200m+) that Amazon decide to take your business by selling their own-brand version of your product.
@matthewchandler2647
@matthewchandler2647 11 ай бұрын
@@Patangy correct, he sells on Amazon himself. The dicey model he’s discouraging is one that depends 100% on a single online marketplace like Amazon for sales traffic
@multatuli1
@multatuli1 10 ай бұрын
​@@matthewchandler2647yep don't put the whole eggs in one basket 👌🏼
@GregglesD
@GregglesD 6 ай бұрын
Can I ask what professional service business you offer now?
@BizBob2
@BizBob2 4 ай бұрын
Just watched the always fail vid. Here for the good stuff now. Thanks!
@kehindeolowe4612
@kehindeolowe4612 11 ай бұрын
Thank you so much ❤
@rontayan
@rontayan 11 ай бұрын
Another great video. Your insights really help me to keep moving forward thought the build up phase.
@belovedekom
@belovedekom 10 ай бұрын
God bless you sir, very helpful video!
@RonanTOC
@RonanTOC 11 ай бұрын
Thanks for the info James 🐐
@borislauko365
@borislauko365 11 ай бұрын
Brother. This is amazing content !!! Thank you
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 11 ай бұрын
Thanks so much for watching!
@grahamcoppin57
@grahamcoppin57 11 ай бұрын
Really interesting views, i live near Blue Boar and will be in to have a look soon
@SgtJoeSmith
@SgtJoeSmith 11 ай бұрын
theres no money in child care. my mom did it for 18 years just so she could be home while we grew up. too much compitition and more regulations now days. no barrier to entry. only get $2 an hour per kid and have to have an employee for every 5 or 6 kids now. cant even pay min wage.
@Janika-xj2bv
@Janika-xj2bv 11 ай бұрын
#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.
@stevenhull5025
@stevenhull5025 28 күн бұрын
Religion is the biggest con since the big bang.
@dougroberts4125
@dougroberts4125 11 ай бұрын
You are an impressive entrepreneur. Thank you, from the USA, for your videos. God bless you.
@dandass6879
@dandass6879 11 ай бұрын
Another great video James! I’m in Niche Wholesale and would love for you to talk about cashflow in a business like this. I know there is a lot I have to learn 🙏😊
@AaronCarr
@AaronCarr 10 ай бұрын
James, you're awesome - thanks for sharing
@robertely686
@robertely686 11 ай бұрын
A daycare centre run by investors - what could be better for the children?
@user-kpkxgtj
@user-kpkxgtj 11 ай бұрын
The people who own the daycare don't have to be the ones running it daily.
@trafferz
@trafferz 11 ай бұрын
Any thoughts on starting over? You're back to zero but with the knowledge you've gained over the years. Where / how would you start to rebuild again?
@smartysmarty1714
@smartysmarty1714 11 ай бұрын
I'm right there with you, brother (or sister!). I hope he responds.
@pulyani
@pulyani 10 ай бұрын
My single piece of advice,don’t take rest,if you take it too Long to star again,you will lose courage,energy and power to do.
@alexandernaskinov7989
@alexandernaskinov7989 11 ай бұрын
downside to hygiene and waste services is that when you tell people you work/ own a business like that they think you're in the mafia.
@seth101-hv4st
@seth101-hv4st 11 ай бұрын
That could be a good thing. If they think that you’re with the mafia no one messes with you.😆
@robertthompson176
@robertthompson176 11 ай бұрын
without the makings of a varsity athlete...
@maxt1617
@maxt1617 5 ай бұрын
"My line of work? I operate a local cement business" Run, don't walk. 😂
@MampsUK
@MampsUK 2 ай бұрын
Thanks for a great video and explanation i m really learning a lot from you
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 2 ай бұрын
Glad to hear it!
@demokid2000
@demokid2000 11 ай бұрын
Best job, self employed IT consultant. I have been doing it for eight years. I have no costs for office, no overhead costs like sales, HR and other shit, still set of money for pension, all insurance. I need to work 10 days a month to pay my salary, the rest is profit, slowly building capital. Invested so I can retire at say 58 :D I can employ other consultants if I want but it is not my dream. I just want to work in the industrie I like, take a lot of time off 9- to 0 weeks off. :) Classic quote: ""Life Moves Pretty Fast. If You Don’t Stop And Look Around Once In A While, You Could Miss It."
@twodyport8080
@twodyport8080 10 ай бұрын
Yeah IT contracting is dead thesedays
@dazasc3994
@dazasc3994 11 ай бұрын
James, i'm a 28 year old with 14 years of experience in the recycling industry, yes I started young. Have built an asset net worth of 7 figures, now founding a startup to build the foundations for what I believe will be a billion £ waste disposal company within 20 years. It blows my mind how little interest this sector gets, everyone seems happy to look down their nose at anyone dealing with "rubbish" without understanding that quite literally everything has value. Do you have any advice with regards to finding investors who specialise in this sector? I'm putting a pitch together with my cofounder.
@MrMushkin85
@MrMushkin85 11 ай бұрын
tell me more, do you have a youtube about this industry?
@peterpan4038
@peterpan4038 10 ай бұрын
Logistics is usually the biggest issue with the "everything has value" statement. Getting stuff from A to B, and then from B to C, etc can get expensive. Hence a lot of rubbish stays keeps it's status as rubbish. The upside for you: A recycling business can always draw from a whole basket full of buzzwords many investors love to hear. Every business that can be sold as green/ eco-friendly / etc has a good chance to get investements regular old companies can only dream about.
@rpgreseller
@rpgreseller 11 ай бұрын
5. Niche wholesale 6. Hygiene / waste services
@stevenhull5025
@stevenhull5025 28 күн бұрын
How about a "special bin" and have a weekly collection for nappies and stoma bags. Saves them being dumped in the main bin with other household waste which causes a bit of a stink. The sh*t can be harvested and turned into manure and methane gas. The stoma bags and nappies once sterilised can be recycled. Millions of repeat customers.
@MRSyonicBoom
@MRSyonicBoom 11 ай бұрын
nIce really informative
@user-or8it8dk7u
@user-or8it8dk7u 11 ай бұрын
Great James thank you
@himark
@himark 10 ай бұрын
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!
@user-sp8fz8cz6m
@user-sp8fz8cz6m 9 ай бұрын
Which country are u from
@alexs555
@alexs555 11 ай бұрын
1mil with 20% profit childcare facility is possible, but it takes YEARS and luck to do it. I've been working in this industry for 11+ years and only saw one facility like that. Therefore I assume it means a chain of facilities (not one). Then, it makes more sense. But in this case... Is there any developed economy where this market is not (over-)saturated?
@stefanoparlatore7141
@stefanoparlatore7141 11 ай бұрын
Italy, but the reason is it’s very regulated
@martinmusokem5765
@martinmusokem5765 11 ай бұрын
Thanks❤
@johntate5050
@johntate5050 11 ай бұрын
My recommendations: 1) Manufacturing wigs for snakes. 2) Insect funerals 3) Grandfather taxidermy. 4) Sewage farm theme parks 5) Mobile nostril washing services 6) Boiled egg throwing tuition
@dragomatinov2720
@dragomatinov2720 10 ай бұрын
Well explained James!
@Mattius87
@Mattius87 11 ай бұрын
Very interesting video bud! Something to take on board for sure! Not that spelling of wholesale tho 😄👌
@redflamemarketinguk
@redflamemarketinguk 10 ай бұрын
Really enjoying your videos, James. Thank you. Do you run your courses online? I don't want to come down to Londonistan.
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 10 ай бұрын
Yeah! We have the entrepreneurs university which is a platform full of training videos which go into more detail that here on KZfaq. There’s a link in the description for a free trial 👍🏻
@TheThaiLife
@TheThaiLife 11 ай бұрын
This is amazing info, thank you!
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 11 ай бұрын
Glad it was helpful!
@doncavanagh7243
@doncavanagh7243 11 ай бұрын
I’m surprised funeral directors is not on the the list, you’ll never run out of customers
@ebutuoy4811
@ebutuoy4811 11 ай бұрын
True people are dying to be your customer
@laurie7251
@laurie7251 11 ай бұрын
@@ebutuoy4811 Dark, but funny
@fretworkband3204
@fretworkband3204 11 ай бұрын
Unless you’re in an area of predominantly young people. It happened to a funeral home near where I live. They left and now it’s been converted to a physicians offices.
@zisilemoyi2246
@zisilemoyi2246 11 ай бұрын
many players
@user-su5cm1kh9n
@user-su5cm1kh9n 10 ай бұрын
You can always run out of business... All it takes is some competition.
@adamdouglas9888
@adamdouglas9888 11 ай бұрын
Thank you for sharing. Financial education is vital these days and buy and hold strategies may not be effective. Fergus Waylen's course taught me a lot about trading and improved my finances. Using trade signals can produce competitive returns and stability. The timing of entries and entries helps the investor stay calm. I've made more money and seen positive results since I started!
@Georgina705
@Georgina705 11 ай бұрын
We can all learn a thing or two from Fergus Waylen himself; his profit techniques are phenomenal. Thanks to him, I'm making more money and getting richer.
@robertgreg6009
@robertgreg6009 11 ай бұрын
Even though the stock market looks bearish and market sentiment is low. But he keeps us grounded through his real analysis, the facts in the charts.
@josehenry7205
@josehenry7205 11 ай бұрын
What impresses me most about waylen is that he does a great job of explaining the basic concepts of winning before he actually lets you use his trading signals. This goes a long way to ensuring winning trades!
@KamranKhalil-br6dk
@KamranKhalil-br6dk 11 ай бұрын
How do I find him?
@josehenry7205
@josehenry7205 11 ай бұрын
Search his name
@aminataykanu
@aminataykanu 11 ай бұрын
I think you're local blind. Most of the businesses you mentioned are those that die quickly during a recession. I am old enough to have seen two recessions in the UK and know that commercial property rentals and contract catering companies died/were acquired during those recessions. I don't think nurseries are a good investment currently because many schools are now providing nurseries and will continue to do so. I believe the government will reward those that do. Add to that a reduction in the birth rate tells me that there will be fewer nurseries in the next decade. If I owned a nursery now, I would be selling in the next few years and instead invest in care homes.
@BobSmith-en9wf
@BobSmith-en9wf 11 ай бұрын
Great comment I can see schools in the future being from age 1 to 18 Government has to get the birthrate up and free childcare would be a massive incentive
@aminataykanu
@aminataykanu 11 ай бұрын
@@BobSmith-en9wf Absolutely. There are many 2-11 already and many big academies now providing 2-18 education. Economies of scale - not really the right term in terms of schools but you know what I mean. The bigger the school the lower their costs and hence provision actually becomes better. And parents like those schools which is why it's the model a lot of independent schools prefer.
@moonstone3662
@moonstone3662 11 ай бұрын
Can you provide some better examples please? Thank you.
@michaelmckeary1165
@michaelmckeary1165 3 ай бұрын
Very good. I retired from the Fire Service and fell into window cleaning well the old window cleaner did. Couldn't get anyone so I had the ladders and decided to buy a £80 starter kit. Within a week I had made my money back and picked up a customer a day and it grew and grew. Really strange because I have a trade in joinery but made more money cleaning windows. Then expanded into cleaning business and as they say the rest is history.
@peterweston1356
@peterweston1356 11 ай бұрын
Obvious but valuable advice, look at the MODEL: regulated, cash up front, easy exit, low ish capital intensity, other people’s money, scalable I ran a successful small business but my model failed on a number of criteria. I note that these businesses are relatively AI proof at least in the short term.
@KlaasVictor
@KlaasVictor 11 ай бұрын
You are like Alex Hormozi. Incredible value. Thank you
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 11 ай бұрын
Very kind of you to say; he’s a good guy!
@dickieblench5001
@dickieblench5001 4 ай бұрын
Not as hairy
@paulmoore7064
@paulmoore7064 11 ай бұрын
I live near a tourist town. There are entire blocks of vacancies in the business district.
@Askadella
@Askadella 8 ай бұрын
How can one determine the viability and potential profitability of any of these business ideas before they start?
@stevenhull5025
@stevenhull5025 28 күн бұрын
By researching case studies of business already in business then conducting your own marketing plan.
@michaelbolorunduro421
@michaelbolorunduro421 8 ай бұрын
Amazing
@leannbarker572
@leannbarker572 11 ай бұрын
Would you consider live music a good professional service to get into?
@stevenhull5025
@stevenhull5025 28 күн бұрын
One thing I don't like about most offline businesses. They are expensive to set up for the average person and the business ends up owning YOU. The best business by far are businesses which give you a passive income. Sunning oneself on a beach in Thailand and then checking your laptop in the evening and wham - £300 plus profit for that day. Build PASSIVE online income streams for say 5 years until you are comfortable with the weekly revenue (and it is consistent). If you have no knowledge in building a few websites there are many people who can and it does not cost an arm and a leg. Similarly you can hire a digital marketing agency (for a fee) which will market your websites.
@creightonjason
@creightonjason 11 ай бұрын
Best thing about your vid's, you are so open with figures and facts
@olafvonbraun7300
@olafvonbraun7300 11 ай бұрын
I own this, and this and this business I have, and a seminar and a KZfaq channel along with teddy bears business 😂. Omg chill. How much does one need? Maybe he is just ocd In any case: I liked it. Cool tips, good analysis.
@sleyeborgrobot6843
@sleyeborgrobot6843 5 ай бұрын
one time my pweenis, got caugh in the escalator, and when i got to the top it rolled back under and that was a learning experience.
@aceofspades5786
@aceofspades5786 11 ай бұрын
In Alan Sugars book, says he put all Amstrads profits into commercial property, now worth over £1BN
@genavazquez2943
@genavazquez2943 10 ай бұрын
At the very least, I now grasp the concept of leverage. Creating
@GeorgiaMoore.
@GeorgiaMoore. 10 ай бұрын
That is why I work with John Desmond Heppolette, who introduced me to a better Financial community, a verified agency where I learned how money works and how to create it, as well as free books, courses, and daily lectures. You also get to meet new people, which was the best decision I ever made.
@Lincoln191
@Lincoln191 10 ай бұрын
You are correct! Working with a financial advisor who has worked in a solid financial firm for a long time, such as John Desmond Heppolette, will actually set you up for success in life. I'm delighted I was able to reach out to "John Desmond Heppolette " earlier this year because while others were grumbling about the downturn in the markets due to the state of the economy, I was busy learning from him and eventually made over seven figures in the first quarter alone, which is why it's always good to join the correct community.
@raymanmorrison3994
@raymanmorrison3994 10 ай бұрын
Yeah real, that guy is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience
@Tso007
@Tso007 3 ай бұрын
cafe 👍🏻 my dad always said even the working class have to eat 🤷🏼‍♂️
@ammadkhan7228
@ammadkhan7228 10 ай бұрын
What are your thoughts on vending machines in niche markets
@AcesizOfficial
@AcesizOfficial 10 ай бұрын
🔥🔥🔥
@johnbridges5461
@johnbridges5461 11 ай бұрын
Great stuff James, great targetting. So many tiny businesses are outside that and their owners work hard for very little. Sad..
@oliviaralston1
@oliviaralston1 11 ай бұрын
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.....
@ademusiaka7198
@ademusiaka7198 11 ай бұрын
You are right, to be a successful person in life require him or her of hard work and time
@Isabelle.h
@Isabelle.h 11 ай бұрын
The thing about been successful is working toward it and not going the other way round
@kirstenraedmund7346
@kirstenraedmund7346 11 ай бұрын
It's obvious everyone is doing this online Investment
@Brookeinda
@Brookeinda 11 ай бұрын
​@@kirstenraedmund7346I totally agree with you it has been an eye-opening experience for a lot of people.
@dustireller3953
@dustireller3953 11 ай бұрын
Investment is the key to achieving success with the current pandemic slowing down so many businesses aww
@migueldawson-ambiado3583
@migueldawson-ambiado3583 10 ай бұрын
1) Greggs The man is standing bang in front of the answer at the start. Steak slices are oozing cash!
@crocopie
@crocopie 10 ай бұрын
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. Yet they are a sponsoring giant in extreme sports, as well as football. How do they do it?
@lokeshgnanasekar
@lokeshgnanasekar 11 ай бұрын
I'm probably your 47K-th subscriber, will wait few months to reach this to become 4.7 million subscribers. Very practical and good insights
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 11 ай бұрын
Thank you for joining us. I appreciate you saying such optimistic thoughts about the channel!
@missylondon
@missylondon 10 ай бұрын
Actually, the most profitable UK giant is at 0:01 - GREGG'S smirking like a silly sausage roll behind us all.
@intergrale4x4
@intergrale4x4 11 ай бұрын
Sounds to my like James is selling himself and all is amazing ideas !! ;)
@fatboywins
@fatboywins 11 ай бұрын
Hello James, i would like your opinion, one thing i have always had an issue with when it comes to day nurserys, is the safety of the children, and staffing concerns, isnt it a very sensitive business from the human resource stand point?
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 11 ай бұрын
Hugely and it’s a very good point. It’s not easy. But nothing is.
@fatboywins
@fatboywins 11 ай бұрын
@@JamesSinclairEntrepreneur thank you once again for the reply, keep up the videos!
@angelofamillionyears4599
@angelofamillionyears4599 11 ай бұрын
You just have to use common sense and many attorneys have a database of everyone that has ever filed a lawsuit. You can refuse service to a parent that has ever filed a lawsuit for any reason.
@fatboywins
@fatboywins 11 ай бұрын
@@angelofamillionyears4599 common sense is not common, the hall mark of learning is humility.
@angelofamillionyears4599
@angelofamillionyears4599 11 ай бұрын
@@fatboywins True !! Please read the # 1 best seller VIRUS MANIA!!
@Professional_Youtube_Commenter
@Professional_Youtube_Commenter 11 ай бұрын
it's very interesting how different business work better in different countries. I dont know why, but in the US these "borin business" proponents are push laundramats, parcel shops, DIY car washes. In the UK with the cost of land and business rates, these businesses might make the owner a living in they work inside it. Certainly wouldn't make them hands off passive income.
@gibbson130
@gibbson130 11 ай бұрын
In the UK laundramats or launderettes as we call them only really work in student areas. Most rental properties here normally come with white goods (fridge, washing machine etc). The new modern student housing market which is booming now include white goods and most of these older student areas were sown up years ago by launderette owners. Haven't seen a new one open up in decades. In the UK again a lot of car washes are ran by foreign criminal gangs using modern slaves/illegal immigrants. They are tolerated and the British on the whole look the other way as they want their cars washed cheap. They even undercut the automated/self serve car washes. It's not something a respectable business owner would want to get involved with. There's a dark underbelly to a lot of UK businesses (car washes, nail bars, barbers, amercian style candy shops) that I suspect wouldn't be tolerated in the US unless you want the FBI smashing your door down. We don't really have an FBI here and our police don't see this type of crime as a priority. So it's the wild west. Probably why James likes heavily regulated businesses like childcare where you couldn't get away things you can in other sectors. Parcel shops, this need is taken care of either by our post offices by in large or the large 3rd party parcel groups where you can drop your parcels off at supermarkets or get them collected. So basically none of the businesses you mention really work here unless you have a time machine, want to exploit illegal immigrants/modern slaves or have tens/hundreds of millions and willing to start you're own parcel delivery network. The UK isn't as open to business as the US is sadly.
@welovedisney4eva
@welovedisney4eva 2 ай бұрын
I would love to learn from you i have big dreams no idea where to start I am doing courses in beauty and hair to start my dream
@stefonrogers5980
@stefonrogers5980 10 ай бұрын
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
@fredrickalfarez6875
@fredrickalfarez6875 11 ай бұрын
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.
@fredrickalfarez6875
@fredrickalfarez6875 11 ай бұрын
I must also give credit to Larysa Caba. She made all this possible through the great decisions she made with my portfolio.
@greatodison4071
@greatodison4071 11 ай бұрын
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
@jasperflontes4289
@jasperflontes4289 11 ай бұрын
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
@fred5528
@fred5528 11 ай бұрын
I trade with her every week and make huge profits from her. her consistency is crazy.
@dominicleong4385
@dominicleong4385 11 ай бұрын
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
@doggydogdaily
@doggydogdaily 19 күн бұрын
1)Child Care. 2)Food Services. 3)Contract Catering. 4)Commercial Property Rentals. 5)Niche Wholesale. 6)Commercial Hygiene + Waste Services. 7)Professional Services.
@topsecretartgalleryservice8121
@topsecretartgalleryservice8121 11 ай бұрын
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 1.7k 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
@dragomatinov2720
@dragomatinov2720 10 ай бұрын
The UK nurseries are one of the most expensive in the world 🌎. The reason for that is that the UK doesn't really have a social system.
@socalguy24
@socalguy24 11 ай бұрын
What are the pros and cons of senior care facilities as they are called here in America relative to the context of this video?
@rpark8265
@rpark8265 11 ай бұрын
I’ve just come across your channel James and it’s great ,your enthusiasm is infectious ! With your food business I wonder if you’ve plans to complete the circle and become a farmer like me 😂Seriously though it would be interesting to hear your thoughts on a business like mine (dairy farming ) that’s production focussed ,I only have 1 customer for 80% of what I produce .
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 11 ай бұрын
I have a strict rule. No one customer should be more than 10% of your revenue. Dilute their dominance over you. Get more customers. “A little bit of money, from a lot of people, a lot of the time”
@rpark8265
@rpark8265 11 ай бұрын
@@JamesSinclairEntrepreneurThanks for the response ,and sound advice but the structure of mine and probably 90 plus % of other dairy farmers is we produce a perishable product that needs collecting at most every other day,we sell to dairies and they’ll process and sell on as liquid cheese yogurt etc to supermarkets & wholesalers it’s an efficient model but we have to focus on the cost of production at our end as we have little control over the price we receive. I’m making sure to concentrate on that and have added on other business inc a farm shop & cafe ,caravans & camping,and industrial units so loads of relevant content on your channel & podcast.👍
@john-robinson-content-creator
@john-robinson-content-creator 11 ай бұрын
​@@rpark8265Do you follow Tom Pemberton by any chance? They seem to have nailed multiple income streams and direct to consumer sales, at least looking at it from the outside.
@fretworkband3204
@fretworkband3204 11 ай бұрын
Check out Young’s Jersey Dairy in Ohio. You might glean some ideas from their business model.
@rpark8265
@rpark8265 11 ай бұрын
@@fretworkband3204 Thanks
@davewatson674
@davewatson674 11 ай бұрын
I’ve just stumbled upon you recently James and I genuinely appreciate the videos. Loving them. Especially this one where you validate things I’m already doing. However….update things. For example, AI will take away the ‘professional services’ you describe…within 2 years max. If you could get into the 2020s you’d be a £500 million investorpreneur.
@stevecager2240
@stevecager2240 3 ай бұрын
Good morning Do you think the fire safety and security industry is a profitable sector, if so what’s the best approach to find an investor to help grow the business to the next level. Thank you
@liveliftlove
@liveliftlove 11 ай бұрын
Childcare and Commercial Property will depend highly on the country you operate in. Childcare in Asia is dropping fast because people are not having babies. Schools are closing down or merging with other schools due to lack of children. On the otherhand, childcare is australia is absolutely thriving due to massive government incentives and so they charge an arm and a leg. However commercial properties are becoming worthless here due to massive amounts of empty office spaces due to wfh, to a point that even pension funds have completely dropped commercial properties from their portfolio. Market and location will dictate what is going to work or not
@raviagarwal3924
@raviagarwal3924 11 ай бұрын
How about medical oxygen company? They would be required on a day to day basis, right
@keanureeves9941
@keanureeves9941 10 ай бұрын
#1 biggest problem with these businesses.......MARKET SATURATION
@erickglez7330
@erickglez7330 8 ай бұрын
that applies to all businesses, dont put excuses
@peanutbutterisfu
@peanutbutterisfu 4 ай бұрын
Thats what bad business owners blame their lack of business, capital, customers on but the actual problem is the owner of the business. Take a restaurant for instance everyone says it’s one of the worst businesses to get into because 9 out of 10 fail. Nobody talks about why they fail other than the easy answer of too much competition. While competition is a reality the reason why the competition killed your restaurant is because yours wasn’t good you didn’t take the word competition seriously and other restaurants did.
@keanureeves9941
@keanureeves9941 4 ай бұрын
@@erickglez7330 there’s not as much market saturation with businesses that require more licenses and experience. Easy business models that are easy for anyone to startup have A LOT more competition
@keanureeves9941
@keanureeves9941 4 ай бұрын
@@peanutbutterisfu refer to other comment
@mrjamesmay3548
@mrjamesmay3548 11 ай бұрын
Good video! I think I’d argue that all of those businesses would be key man driven. Especially the nursery’s and once they fall foul of ofsted it’s a slippery slope
@nailonblare4810
@nailonblare4810 11 ай бұрын
Just the content ive been searching for 😎
@africansister
@africansister 11 ай бұрын
What about hair and skin industry or a teaching agency
@benmorris1968
@benmorris1968 11 ай бұрын
Whoelsale! Someone else wrote up his signs for sure.
@vidladsmedia
@vidladsmedia Ай бұрын
😂 KZfaqrs sometimes make deliberate mistakes to provoke a reaction in the comments! Helps with the algorithm 👍
@velocirapture89
@velocirapture89 11 ай бұрын
I've worked as a software engineer in the digital marketing world for a long time now and I just realize...I can start my own business. I'm good at what I do, so why not try? Super low overhead and low capital requirements.
@lougarou8431
@lougarou8431 11 ай бұрын
Parking lot in a government town/city. You are working 9 hours a day parking cars and then have a meter in the evenings for the rest of your business. Sub-contract towing companies for illegally parked cars or have bi-law officers ticket those that don’t pay. Paved surface, automated parking meter, yellow lines, good lighting, security cameras and a small both is all you need. Low taxes since there isn’t any permanent buildings on it.
@natureandwildlife9675
@natureandwildlife9675 17 күн бұрын
My own business in uk chicken shop i make 100000$ monthly And 2nd business grocery store + convenience store +Shoe's business Grow your self and your business don't be fear 🎉
@mehaulMC
@mehaulMC 11 ай бұрын
As a 26 yo starting a CFP practice, I need this education! Your content is incredible!
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur 11 ай бұрын
Thanks so much! Glad you like!
@Mrhaydentv
@Mrhaydentv 11 ай бұрын
excited for the business masterclass next month.
@user-sp8fz8cz6m
@user-sp8fz8cz6m 9 ай бұрын
Which country are you in
@jsnmad
@jsnmad 10 ай бұрын
"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?
@harmonyintegration6612
@harmonyintegration6612 10 ай бұрын
Yes, unless you have some super niche skill that you can create a cult following around.
@ace9848
@ace9848 10 ай бұрын
Yes. At that point you have to focus on speed, leverage and volume
@jayoballes3547
@jayoballes3547 11 ай бұрын
Hm. The market for commercial leasing and real estate is in a bubble. People are starting to work from home more and leases have way outpaced business willing to pay. Especially in the US and more so in urban centers.
@c123bthunderpig
@c123bthunderpig 11 ай бұрын
Beer wine and liquor store might have possibility. Although big grocery chains and a few beverage chains are out there, a friend of mine told me people always drink when times are good or drink when times are bad. He retired opened a liquor store and has never looked back. Of course the UK has pubs, USA doesn't.
@MK-hh1vo
@MK-hh1vo 11 ай бұрын
If by "pubs" you mean bars, the USA definitely has them. There are 5 within a 2-5 minute walk from my home. There are also 5 liquor stores within a 10 minute walk. All the bars and liquor stores are very successful.
@c123bthunderpig
@c123bthunderpig 11 ай бұрын
@@MK-hh1vo true, as I said alcohol ranks up there IN a successful category. However, American bars aren't anywhere close to the ambience of a local pub, you have to experience it to understand.
@cosimavonliebenau8317
@cosimavonliebenau8317 11 ай бұрын
As a complete noob, is there an effective resource/website for finding businesses for sale?
@VincentRE79
@VincentRE79 11 ай бұрын
Perhaps consider franchising.
@zizi8675
@zizi8675 11 ай бұрын
there is (sorry I forgotten the name,if I remember will write it here)
@cosimavonliebenau8317
@cosimavonliebenau8317 11 ай бұрын
@@zizi8675 That would be fantastic, thank you.
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