Is there a business where it's easy to make money?

[Thankyou4calling]

I think I know the answer to my own question but whenever a new business is suggested on here, most say it's not worth the bother as it's so tough to make money in that field.

Have I missed something? is there a business that isn't a struggle to make money in?

Undertaking perhaps?

[Wacky Racer]

Thankyou4calling said:

I think I know the answer to my own question but whenever a new business is suggested on here, most say it's not worth the bother as it's so tough to make money in that field.

Have I missed something? is there a business that isn't a struggle to make money in?

Undertaking perhaps?

There is a lot of competition in that field, but like doctors, you will always have a steady supply of customers....

[GT03ROB]

Thankyou4calling said:

Have I missed something? is there a business that isn't a struggle to make money in?

Nope, otherwise everybody would do it & the money you make would go down.

[Foliage]

Why should it be easy? of course its not going to be easy, isn't that kind of the point. What's easy for one person might be hard for another, we all have different skill sets, I think its more about finding what your good at and perfecting the process.

[227bhp]

Funeral directing is pretty easy money, but consider you are very much tied to it 24/7/365. Getting woken at 3 am mid January to go pick up a stiff and showing empathy is far from pleasurable.

[Hoofy]

Children's parties. It may be the hardest thing you've ever done, though, if you are unable to control hyper, excited children. You watched the Apprentices die on their feet, didn't you.

[jammy_basturd]

It is basic market forces at work.

Any time a 'easy' business opportunity comes along, either it's a closely guarded secret (hard to find), monopolised (hard to break in to), or the quantity and quality of the competition quickly increases and thus requiring more resources to stay ahead and thus erodes profits.

[geeks]

Popcorn is easy money

[andy-xr]

Seeing as the 3 seashells hasnt materialised yet, I'd say start up a bog roll company

[blueg33]

Setting up LinkedIn and then selling it.

1. Copy Facebook idea but say its aimed at professions
2. Set up cheap website that is clunky and not user friendly
3. Tell everyone its great for professionals (mainly you get them to tell each other)
4. Sell for $26bn

[hunton69]

Thankyou4calling said:

I think I know the answer to my own question but whenever a new business is suggested on here, most say it's not worth the bother as it's so tough to make money in that field.

Have I missed something? is there a business that isn't a struggle to make money in?

Undertaking perhaps?

Owning a business that is large enough to employ people who manage it for you. The skill is in finding those people and looking after them.
A prime example is a Taxi/ Licensed private hire company and have a minimum of 80 self employed drivers and off you go.

All you then need is around 20,000 bookings a month to keep them busy.

[Glasgowrob]

hunton69 said:

Owning a business that is large enough to employ people who manage it for you. The skill is in finding those people and looking after them.
A prime example is a Taxi/ Licensed private hire company and have a minimum of 80 self employed drivers and off you go.

All you then need is around 20,000 bookings a month to keep them busy.

pfft taxi/private hire companies are so last decade.


online booking platforms and cream 20% off the top before passing work out to taxi/private hire companies is where its at(i may or may not be a discgruntled PH company owner here)


but seriously the taxi/ph industry is realatively easy money on the rental side, buy a load of ex police focus/astra estates at 2500-3k a pop rent them out to some poor uber driver for £170 a week whilst maintaining them as poorly as possible

[DSLiverpool]

No I don't think so, some look easy after years of prep though. but one thing looking lucrative is FB marketing either for oneself or for others.
Where else do people allow you to analyse their likes and wants in such detail.

[hunton69]

Glasgowrob said:

pfft taxi/private hire companies are so last decade.


online booking platforms and cream 20% off the top before passing work out to taxi/private hire companies is where its at(i may or may not be a discgruntled PH company owner here)


but seriously the taxi/ph industry is realatively easy money on the rental side, buy a load of ex police focus/astra estates at 2500-3k a pop rent them out to some poor uber driver for £170 a week whilst maintaining them as poorly as possible

Uber does not take on advanced bookings and therefore the cream in most good PH companies are account customers.

Uber also employs all the drivers who the good PH companies wont employ, there is no office to call when the journey goes wrong, there prices vary and they are operating illegally.

TFL took Uber to court regarding meters they should of taken them to court regarding where the booking is taken. My understanding is that the booking is taken by a computer in California and therefore all the cars should be licensed in California.

[dfen5]

Yes.

Send me £1000 (one thousand UKP) and I'll send you the guide.

[anonymous-user]

I think bot mining/playing. like programing bots to play online poker whatever and make small sums of money based on a probability to you (usually against humans0 aim to make about £5 per hour. Have 100 of these playing 24 hour = profit.

Can do this for a lot of other stuff like online games to earn credit which you can then sell for real money. like eve etc..

[bristolracer]

London property' did 15% last year.

Buy property for 1 million sell a year after and make an easy 150 k gross.

Easy peasy.
Got a spare million ?

[uber]

Think big and do not restrict yourself to the area you live in. I spend most of my time in Scotland but 90% of my work is in London where we get paid a lot more for the same service than we would in Glasgow / Edinburgh.

[NewChurch]

The Spruce goose said:

I think bot mining/playing. like programing bots to play online poker whatever and make small sums of money based on a probability to you (usually against humans0 aim to make about £5 per hour. Have 100 of these playing 24 hour = profit.

If you are smart enough to program a bot that is actually is +ev in today's games, and you are able to make it undetectable, you've just wasted a few thousand hours that could have been spent on something actually productive long term. Online poker is not the answer to anyone anymore.

[srebbe64]

Hoofy said:

Children's parties. It may be the hardest thing you've ever done, though, if you are unable to control hyper, excited children. You watched the Apprentices die on their feet, didn't you.

You laugh, but when my kids were young they'd go to a friends party and come away with a business card. I'm handed said card by my son who wants 'Mr Clown' for his party. I phone him up and quotes £120 (20 years ago) and I book him. He turns up, does a half hour magic show, making the kids laugh, and hands each of them a card. I chat to him as he leaves and he's got half more gigs to get to that day! Genius. For every ten or so cards he gives out it generates a gig - so self perpetuating business with zero overheads!