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

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

Author
Discussion

Truckosaurus

11,291 posts

284 months

Monday 15th August 2016
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Thankyou4calling said:
Apart from this being nonsense, I hardly think the operational management of 70 drivers will ever be an easy way to make money.
Unless you spend some of that potential profit on hiring a manager to do the actual work.

Frimley111R

15,663 posts

234 months

Monday 15th August 2016
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Any delivery driver type job seems to simply involve who will do the work for the cheapest possible amount. That's no wayt to make money in this field.

Freds

947 posts

137 months

Wednesday 17th August 2016
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All that jazz said:
It isn't because it's a load of bks. His "close friend" conveniently forgot to mention the penalty charges that Amazon make for failed and/or late deliveries which you're responsible for when your subbies throw in the towel and walk after a week when they've had enough of getting paid buttons for flogging their guts out. I have experience of dealing with Amazon and was also privy to the sort of money Aple was making (one of the biggest contractors for small packages) and it wasn't anything to write home about once the penalty charges were knocked off.

Amazon are a ruthless company but they have companies falling over themselves to try and get in with them as it looks good on their company portfolio and they think they're onto a really cushy number. The reality is the complete opposite. The rates initially seem "OK" on paper as they pay slightly above average but there is absolutely NO flexibility with them whatsoever. You are required to work to their exact timings without a minute of deviation and they simply do not care for breakdowns, traffic, emergencies or anything else. In the real world this kind of st happens from time to time and you deal with it as best you can but not with Amazon. If you don't deliver (pardon the pun) then they hit with you with mega financial penalties and if you get more than a handful the contract is terminated and you're out. The rates they offer simply don't buy the level of service they demand and that's why they go through contractors like there's no tomorrow. You won't get rich working for or contracting to Amazon, I can guarantee you that.
From Linkedin:

Managing Director
Multi Drop Services
May 2002 – Present (14 years 4 months)
Our company works along side international and domestic delivery partners covering large areas of northern England on their behalf. Responsible for all Timed, Standard deliveries and collections. We currently have a fleet of over 100 vehicles and over 100 staff. We are one the fastest growing logistics companies in the north of England.

Freds response....

I hadn't realised that his fleet is now in excess of 100, making £50 net per head from such a number of operatives doesn't seem difficult to me, it reads as though you tried a similar venture and failed, you seem bitter for some reason at such a straight forward post. My friend is of South Asian Origin and very hard working, as are most of his staff, to contradict your comment re unreliable drivers, it's not a problem he has, hence his success.

Edited by Freds on Wednesday 17th August 17:46


Edited by Freds on Wednesday 17th August 17:48

Pothole

34,367 posts

282 months

Wednesday 17th August 2016
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Freds said:
All that jazz said:
It isn't because it's a load of bks. His "close friend" conveniently forgot to mention the penalty charges that Amazon make for failed and/or late deliveries which you're responsible for when your subbies throw in the towel and walk after a week when they've had enough of getting paid buttons for flogging their guts out. I have experience of dealing with Amazon and was also privy to the sort of money Aple was making (one of the biggest contractors for small packages) and it wasn't anything to write home about once the penalty charges were knocked off.

Amazon are a ruthless company but they have companies falling over themselves to try and get in with them as it looks good on their company portfolio and they think they're onto a really cushy number. The reality is the complete opposite. The rates initially seem "OK" on paper as they pay slightly above average but there is absolutely NO flexibility with them whatsoever. You are required to work to their exact timings without a minute of deviation and they simply do not care for breakdowns, traffic, emergencies or anything else. In the real world this kind of st happens from time to time and you deal with it as best you can but not with Amazon. If you don't deliver (pardon the pun) then they hit with you with mega financial penalties and if you get more than a handful the contract is terminated and you're out. The rates they offer simply don't buy the level of service they demand and that's why they go through contractors like there's no tomorrow. You won't get rich working for or contracting to Amazon, I can guarantee you that.
From Linkedin:

Managing Director
Multi Drop Services
May 2002 – Present (14 years 4 months)
Our company works along side international and domestic delivery partners covering large areas of northern England on their behalf. Responsible for all Timed, Standard deliveries and collections. We currently have a fleet of over 100 vehicles and over 100 staff. We are one the fastest growing logistics companies in the north of England.

Freds response....

I hadn't realised that his fleet is now in excess of 100, making £50 net per head from such a number of operatives doesn't seem difficult to me, it reads as though you tried a similar venture and failed, you seem bitter for some reason at such a straight forward post. My friend is of South Asian Origin and very hard working, as are most of his staff, to contradict your comment re unreliable drivers, it's not a problem he has, hence his success.

Edited by Freds on Wednesday 17th August 17:46


Edited by Freds on Wednesday 17th August 17:48
You know people right the rubbish on Linked in themselves, don't you?

Freds

947 posts

137 months

Wednesday 17th August 2016
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Pothole said:
You know people right the rubbish on Linked in themselves, don't you?
I know the man personally, I posted that his business model was a huge success and all people have done is doubt it. It wouldn't be right for me to add the link to Companies in the UK where his accounts can be accessed so lets leave it at that. It just annoyed me somewhat that my post could be referred to as 'bks' by a man who appears to drive a Focus Estate.

All that jazz

7,632 posts

146 months

Thursday 18th August 2016
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Freds said:
Pothole said:
You know people right the rubbish on Linked in themselves, don't you?
I know the man personally, I posted that his business model was a huge success and all people have done is doubt it. It wouldn't be right for me to add the link to Companies in the UK where his accounts can be accessed so lets leave it at that. It just annoyed me somewhat that my post could be referred to as 'bks' by a man who appears to drive a Focus Estate.
To be honest it says more about you when you judge a person's credentials and wealth based on what car they own. But whatever. If subbying to Amazon is so lucrative as your claimed figures suggest then why aren't you doing it yourself? Surely with a £1.2m net income it would be a piece of piss to employ a handful of minions to manage and run it all for you while you chill out and relax at home.

johnwilliams77

8,308 posts

103 months

Thursday 18th August 2016
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All that jazz said:
To be honest it says more about you when you judge a person's credentials and wealth based on what car they own. But whatever. If subbying to Amazon is so lucrative as your claimed figures suggest then why aren't you doing it yourself? Surely with a £1.2m net income it would be a piece of piss to employ a handful of minions to manage and run it all for you while you chill out and relax at home.
To be fair, often a reasonable judgement of someones life can be made if you know their fleet.

There are some instances where this is not the case. The landlord with 50 properties who buys a beater not to appear wealthy, the land owner who drives the 20 year old Volvo, but if I look around out what I know people have at work (single guys, vs family guys) it is often a reasonable judgement of what they can afford, especially if they are actually petrolheads (like most people on this site). Of course you can say there are petrolheads who have decided to buy a 1k mondeo so they can afford schooling/flat/whatever, but by and large for petrolheads, you will buy what you can reasonably / stretch yourself to afford.

singlecoil

33,610 posts

246 months

Thursday 18th August 2016
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johnwilliams77 said:
All that jazz said:
To be honest it says more about you when you judge a person's credentials and wealth based on what car they own. But whatever. If subbying to Amazon is so lucrative as your claimed figures suggest then why aren't you doing it yourself? Surely with a £1.2m net income it would be a piece of piss to employ a handful of minions to manage and run it all for you while you chill out and relax at home.
To be fair, often a reasonable judgement of someones life can be made if you know their fleet.

There are some instances where this is not the case. The landlord with 50 properties who buys a beater not to appear wealthy, the land owner who drives the 20 year old Volvo, but if I look around out what I know people have at work (single guys, vs family guys) it is often a reasonable judgement of what they can afford, especially if they are actually petrolheads (like most people on this site). Of course you can say there are petrolheads who have decided to buy a 1k mondeo so they can afford schooling/flat/whatever, but by and large for petrolheads, you will buy what you can reasonably / stretch yourself to afford.
That may be true for petrolheads, but not everybody here falls into that classification, so using it as a way to produce "a reasonable judgement of someones life" is deeply flawed to put it mildly.

All that jazz

7,632 posts

146 months

Thursday 18th August 2016
quotequote all
johnwilliams77 said:
All that jazz said:
To be honest it says more about you when you judge a person's credentials and wealth based on what car they own. But whatever. If subbying to Amazon is so lucrative as your claimed figures suggest then why aren't you doing it yourself? Surely with a £1.2m net income it would be a piece of piss to employ a handful of minions to manage and run it all for you while you chill out and relax at home.
To be fair, often a reasonable judgement of someones life can be made if you know their fleet.

There are some instances where this is not the case. The landlord with 50 properties who buys a beater not to appear wealthy, the land owner who drives the 20 year old Volvo, but if I look around out what I know people have at work (single guys, vs family guys) it is often a reasonable judgement of what they can afford, especially if they are actually petrolheads (like most people on this site). Of course you can say there are petrolheads who have decided to buy a 1k mondeo so they can afford schooling/flat/whatever, but by and large for petrolheads, you will buy what you can reasonably / stretch yourself to afford.
No, it's complete bks! Once again, if you're going to judge people's credibility on what car they have on their drive/garage then it's you that has the issues. If you really want to force the issue then how does your acclaimed "reasonable judgement" stack up for the vast majority of the car "owning" population that are in minimum wage jobs yet have a 65 plate sporty something sat outside that they have on the chucky? And just for your info the car was purchased for £20k cash at around a year old - no chucky, no finance, no loans, no HP. So how about we stop spouting bks and trying to force square pegs in round holes leaving one looking foolish and instead get back to the discussion at hand, which is Fred's mate and his ficticious £1.2m sub-contractor business. smile

Edited by All that jazz on Thursday 18th August 08:05

johnwilliams77

8,308 posts

103 months

Thursday 18th August 2016
quotequote all
All that jazz said:
No, it's complete bks! Once again, if you're going to judge people's credibility on what car they have on their drive/garage then it's you that has the issues. If you really want to force the issue then how does your acclaimed "reasonable judgement" stack up for the vast majority of the car "owning" population that are in minimum wage jobs yet have a 65 plate sporty something sat outside that they have on the chucky? And just for your info the car was purchased for £20k cash at around a year old - no chucky, no finance, no loans, no HP. So how about we stop spouting bks and trying to force square pegs in round holes leaving one looking foolish and instead get back to the discussion at hand, which is Fred's mate and his ficticious £1.2m sub-contractor business. smile

Edited by All that jazz on Thursday 18th August 08:05
I never said credibility, you did.

It certainly works fine among the petrol head population I know. The ones with supercars, guess what, have more money. When it comes to petrolheads, people usually buy what they can afford.

Of course I am not disagreeing with you that leasing masks all of this completely.

singlecoil

33,610 posts

246 months

Thursday 18th August 2016
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johnwilliams77 said:
It certainly works fine among the petrol head population I know. The ones with supercars, guess what, have more money. When it comes to petrolheads, people usually buy what they can afford.
Once again the reference to petrolheads. Once again I will point out that not everybody here is one.

Thankyou4calling

Original Poster:

10,602 posts

173 months

Thursday 18th August 2016
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How about we get at least close to back on topic?

johnwilliams77

8,308 posts

103 months

Thursday 18th August 2016
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singlecoil said:
Once again the reference to petrolheads. Once again I will point out that not everybody here is one.
I would like to point out that many are. So it applies in many cases. So once again, my point stands.

singlecoil

33,610 posts

246 months

Thursday 18th August 2016
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johnwilliams77 said:
singlecoil said:
Once again the reference to petrolheads. Once again I will point out that not everybody here is one.
I would like to point out that many are. So it applies in many cases. So once again, my point stands.
Your point stands, but is wrong

johnwilliams77 said:
To be fair, often a reasonable judgement of someones life can be made if you know their fleet.
Just a reminder. If you had qualified your point with your petrolhead expression then maybe, but you didn't and you quite rightly got pulled up.


johnwilliams77

8,308 posts

103 months

Thursday 18th August 2016
quotequote all
singlecoil said:
Just a reminder. If you had qualified your point with your petrolhead expression then maybe, but you didn't and you quite rightly got pulled up.
Selective quoting to 'win at internet'

"It certainly works fine among the petrol head population I know. The ones with supercars, guess what, have more money. When it comes to petrolheads, people usually buy what they can afford"

Is what I said.

Hoofy

76,358 posts

282 months

Thursday 18th August 2016
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One thing I do know is that arguing on the internet doesn't earn you money unless you are on certain sites that pay to post.

berlintaxi

8,535 posts

173 months

Thursday 18th August 2016
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Freds said:
. It wouldn't be right for me to add the link to Companies in the UK where his accounts can be accessed
Why? That is the whole point of companies accounts being in the public domain, or is it as we all know complete bks.

ATM

18,287 posts

219 months

Friday 19th August 2016
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DSLiverpool said:
uber said:
DSLiverpool said:
Lee the chap can do it all if you can get the sites, he is a character and I was impressed with his drive but its just him and his Mrs (and a shed load of chargers)
Can you PM me his URL, would be good to see what its all about smile
Sent - I see potential for a well connected gent such as yourself.
3 guys and 2 vans outside today fitting a charging station for 2 elec vehicles. The guys are all from Scotland and stayed down here last night in a Hotel - we're in Birmingham. 22 kw charger for 2 vehicles. I have no idea what this is costing but it cant be cheap. They are knocking out block paving and dropping ducting into the ground and resetting all the paving afterwards.

LeapingDeere

56 posts

97 months

Friday 19th August 2016
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I think that if there was lots of businesses which were easy to make money then we'd all be doing it.

I also think lost of people here have been talking about being millionaires etc. The line between easy and big money is very different.

In theory it would be very easy to sell for example T shirts at a serious mark up and make 'easy money'. Selling them at the right places would probably make a decent living for yourself as everyone has T Shirts so you have a big market to sell to, but you are one of many others doing the same. Also what sort of life are you living selling T-Shirts? You might be out every weekend and working odd hours, is that the lifestyle you want?

From my experience the only people who make big money from business are from two examples. One in ultra high growth industries, for examples telecommunications in the 90's. The second and most common is selling the business.

The ultimate scenario would be a big & easy money business, but I'm not sure it exists anymore.
Scrap metal industry had been relatively easy but it has so many regulations and stigmas. Someone mentioned
amusement halls, I have a mutual acquaintance who's family have some on the coast, and it's a cash heavy business, but it's not something you can just waltz into, the capital investment from the ground up is high and trying to get a prime property to get punters on the seafront could be nigh on impossible. Similar with funeral directors, it seems to be a hereditary business only.

I work in a family business and we hired a translator for a trade show we did in Germany for a week. Her fee was 1500EUR plus travel expenses (accommodation was in her fee) She was totally worth it and it seems to be one of the cheapest going rate for good ones. I asked her that it's a good way to make a living since most of it was for keeps and she gets to go around Europe. She said that you have to charge that because you don't get it everyday, the same goes for photographers etc. Your paying not only for when they aren't working but they have to factor in living when they dont get work, Do you want to live under those condition of not having guaranteed work, particularly through a potential future recession.

I was reading about this courier service posts earlier and whilst I don't know his business, I do a lot of work with logistic and shipping companies. The margins they work on can unbelievably low. I know a few haulage firms working on 4% margins. It's such a cut throat business. I'm fairly dubious onto that sort of margin, if he can, well done to him but good luck because sooner or later somebody will start doing it cheaper.

It's a bit of a myth that selling to the big boys is good, but usually the likes of Amazon or the supermarkets just dictate the price and cut you off in a heartbeat if they get it cheaper. You can be turning over all this money but have nothing left over to show for it. A good example was the sausage company on that BBC programme, selling to Tesco who change a price at a moments notice and leave them at a loss.

twoblacklines

1,575 posts

161 months

Saturday 20th August 2016
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Freds said:
I know the man personally, I posted that his business model was a huge success and all people have done is doubt it. It wouldn't be right for me to add the link to Companies in the UK where his accounts can be accessed so lets leave it at that. It just annoyed me somewhat that my post could be referred to as 'bks' by a man who appears to drive a Focus Estate.
Does it therefore annoy you that billionaires choose to drive cheap cars?

You actually judge business success on what car someone drives? Wow.