Would you have EVER thought
of these, for example?
371. Real estate brokers
earn a 6% commission on every house they sell. That's $6,000
every time they sell a $100,000 house. So with all that
profit potential, the real estate business is extremely
competitive. But a similar business - with similar profit
potential - exists, yet there's absolutely ZERO competition.
Instead of brokering houses, what about brokering cars?
Most people are forced to try and sell their used cars
themselves. But if you offer to do all the work for them
for a 6% commission, many many people will take you up
on your offer. I certainly would. The owner cleans it up
and certifies that it's running okay. Then all you have
to do is the same thing a real estate broker does - advertise
it for sale and then "show" it to prospective buyers. On
a $10,000 car, your commission would be $600, so I don't
see any reason why this couldn't be a $60,000 a year part-time
business, at least.
372. We live in a celebrity culture. But we also live in a throw-away
culture. A man in Florida is taking advantage of these two tendencies
simultaneously. First, he created a list of all the "celebrities" in
his area. Then, he determined the garbage pick-up routes for those areas.
Early in the morning, before the garbage truck arrives, he scopes out
the "celebrity trash" for anything interesting. Occasionally he finds
some amazing things... with real collectibility. Once he found a celebrity's
entire album collection in 4 paper bags on the curb! (Apparently the
celebrity had re-purchased everything on CD.) Because of the provenance
of this collection, he was able to sell it for thousands!
373. Local professionals are always looking for ways of attracting
new clients. They also tend to be too busy to actively promote their
practice. Here's a way of taking advantage of those two facts. If you
can write, there's a tremendous market for ghostwriting articles for
these professionals. These articles are intended to be submitted to their
local newspapers. In other words, you could approach a local attorney
and offer to write him 52 weekly articles that he can submit to the local
newspaper. This will provide the attorney with excellent publicity and
it also increases his credibility as a local expert. And as long as your
rates are cheaper than traditional newspaper ads of the same size, it
makes financial sense for him. And it's not just attorneys you can sell
this service too... accountants, dentists, bankers, chiropractors, eye
doctors, dermatologists, travel agencies or anyone else who can benefit
from a weekly column in their local paper.
374. The reason why pizza is so popular in America is because
of home delivery. I know people who aren't even particularly fond of
pizza, but who order it anyway because they don't have any food in the
house and because they don't want to go out. Here's a way to take advantage
of that tendency. Offer a service that turns EVERY restaurant in your
area into a "home delivery" restaurant. By offering a flat fee of say,
$5 or $10, to home-deliver items from any restaurant, you will be absolutely
SWAMPED on the weekends. I know a guy who does this JUST for the local "Outback" restaurant,
and he gets 15-20 orders a night on Friday and Saturday. And since he
only delivers to homes with about a 5 mile radius, he doesn't waste much
time. This would also be the kind of business where you could actually
hire a couple of drivers on-the-cheap, and expand the business tremendously.
375. Almost every medium-to-large business has an "employee manual" and
99% of the content in it is completely independent of the company. In
other words, the employee manual at Company A, with just a few changes,
could work just as well as the employee manual for Company B. So here's
how to make money with this. Get ahold of as many employee manuals as
you can and come up with a "template" that covers the bulk of the material
in typical manuals. Now, approach medium-sized businesses that SHOULD
have an employee manual, but don't, and offer to create an employee manual
for them at 1/10th of the cost they could do it themselves. You've already
got the template written. Just fill in the specific information regarding
that particular company, and get paid. You should be able to make $2,000
or so per company, and the whole thing could literally be done in one
day! Your potential in this kind of business depends entirely on how
well you can market yourself, but there are at least 1,000,000 businesses
out there in need of this service!
376. Used books are not created equal, but people having yard
sales seem to think so. You can buy an entire box of old books for $1
at a yard sale, and then turn around and take some of the better items
to a used book store and get $10 or more. This might take some practice
and experience at being able to spot what used book stores want, but
any sort of how-to book or popular novel within the past few years will
do well. Books that are local in nature are GREAT sellers. You're not
going to get rich this way, but during the summer, you can hit 5 or 6
yard sales a day and earn $50 a day pretty easily.
377. There's a man where I live who makes a decent living by collecting
wildflower seeds. There is a huge national movement to return to native
plants, and almost every state has a "Native Plant Society" of one sort
or another. There are also a number of groups dedicated to landscaping
with native (as opposed to invasive) species, such as "Wild Ones". All
the members of these organizations are potential customers for wildflower
seeds, and I think you'll be surprised at the prices that these seeds
go for. Go online and do some research about the best way to harvest
seeds, and also to browse through some wildflower seed catalogs and have
a look at the staggering prices.
378. When a very popular movie comes out, it's almost impossible
to get tickets on opening night. Two local guys have turned this fact
into a business. When blockbusters like Independence Day, Star Wars Episode
II, Matrix 2, etc. come out, they buy tickets early and then actually
scalp them right at the movie theater for $20 each. When true fans show
up at the theater and are told that all of the showings are sold out,
many of them will happily fork over the extra money to see the film they've
been waiting for... rather than having to go home empty handed. It's
downright conniving, but these guys make about $400 a night when a well-hyped
movie opens.
379. Almost every state has an agency in charge of unclaimed money,
and it's usually part of the state's treasury department. If you've never
investigated this, it can be quite amazing how much unclaimed money there
is in the world. I looked myself up on a couple of unclaimed money websites
and found that I was owed $65 from a deposit I made with an electric
company 20 years ago. That's a pretty small sum, but there are people
who are literally owed hundreds of thousands of dollars (usually from
abandoned or unknown bank accounts). I propose that you find these people
and tell them that they're owed this money... in exchange for a 1/3 commission.
These states do not actively seek out these people, so some of them will
never know that they're owed money unless you find them and tell them.
And by providing this service, you can reap some pretty significant commissions
yourself. First, design a simple contract and have your lawyer review
it. You want to make sure that you get your cut when you tell the person
about their unknown money. Then, search the records of unclaimed money
(you should be able to get this information in a computer printout -
directly from your state government) and find the people who are owed
the most money. Next, find them. You can use switchboard.com or other
online people-finders. Once you find them, tell them that they're owed
some money, but they have to agree in writing to give you a "finder's
fee" for providing them with the details. If they agree, you get your
cut. If they don't, you just move on. I've heard there are people earning
$5,000 a day using this approach. I can't promise you'll make that kind
of money, but the principle is absolutely sound.
380. We live in security conscious times, and most neighborhoods
would appreciate having a dedicated security patrol. You could approach
homeowners in some of the nicer neighborhoods in your area and ask if
they'd be interested in a personal nightly security patrol for just $19.95
a month. Many people will take you up on your offer, and you will eventually
have 250 homes as part of your patrol network. That's nearly $5,000 a
month and you've got your entire day free. Also, your only real expense
is a few gallons of gasoline. |