Latest / SUCCESSFUL BUSINESS / 7 BORING Businesses That Pay a SECOND PAYCHECK (Without Quitting Your Job)
Transcript
- 0:05Speaker 1: How much do you think an old couch that nobody
- 0:07Speaker 1: wants anymore is worth? The kind you see in an
- 0:09Speaker 1: online listing with a dark photo, looking a little beat up,
- 0:12Speaker 1: just waiting for someone to haul it away. Think about
- 0:14Speaker 1: that for a second. A 17-year-old kid bought two couches
- 0:17Speaker 1: just like that for $ 100. That same night, someone who
- 0:20Speaker 1: had never even seen them in person sent him $ 1, 580.
- 0:24Speaker 1: Up front, just to make sure he wouldn't sell them
- 0:26Speaker 1: to anyone else. And he's not the only one. Right now,
- 0:28Speaker 1: there are people making $ 200 for every hour they work.
- 0:31Speaker 1: Running business is so boring that nobody even stops to
- 0:33Speaker 1: look at them. But I know what you're thinking. That
- 0:36Speaker 1: this isn't for you. That you have a job that
- 0:38Speaker 1: doesn't pay enough, but you can't afford to quit it either.
- 0:41Speaker 1: that there are bills that won't wait, a family, school, life,
- 0:45Speaker 1: that starting a business means taking a leap into the
- 0:47Speaker 1: unknown and you don't have a safety net. Listen to this.
- 0:50Speaker 1: Not one of the people you're about to meet today
- 0:52Speaker 1: gave up what they already had to get started. Not one.
- 0:55Speaker 1: They all built their businesses on the side using whatever
- 0:57Speaker 1: spare hours they had without walking away from what they
- 1:00Speaker 1: already had. That's why today I'm bringing you seven side businesses,
- 1:04Speaker 1: businesses you can build alongside everything else while you keep
- 1:08Speaker 1: living your life without having to quit anything. And one
- 1:10Speaker 1: of them is going to leave you thinking for a
- 1:12Speaker 1: long time. A man who gets paid to enter other
- 1:14Speaker 1: people's homes before anyone else does. And that's not even
- 1:17Speaker 1: his real business. Let's get started. Business one, trailer rentals.
- 1:22Speaker 1: This man makes more than $ 200 for every hour he
- 1:25Speaker 1: puts into his business. And at the same time, he
- 1:28Speaker 1: has a full-time job, two kids, and a baby girl
- 1:31Speaker 1: who was born almost the same day he started. How
- 1:34Speaker 1: do you fit both of those things into one life?
- 1:37Speaker 1: His name is Nathan. He's 31 years old, and his
- 1:40Speaker 1: business is one of those things you see every day
- 1:43Speaker 1: without really noticing. Renting out trailers, those big boxes on
- 1:47Speaker 1: wheels that attach to the back of a vehicle, which
- 1:49Speaker 1: people rent by the day when they're moving for anywhere
- 1:52Speaker 1: from $ 50 to $ 150. It all started while he was
- 1:55Speaker 1: browsing an online marketplace in his spare time. A man
- 1:59Speaker 1: was selling 10 old trailers, all banged up and heavily used.
- 2:02Speaker 1: Nobody else made a serious offer. Nathan did. He paid $ 35, 000,
- 2:06Speaker 1: and here's the thing. He didn't have that money. He
- 2:09Speaker 1: took out a loan using his own house as collateral.
- 2:11Speaker 1: If it didn't work out, his family's home was on
- 2:14Speaker 1: the line. And this is where Nathan really won me over.
- 2:17Speaker 1: The man wanted an extra $ 20, 000 for his customer list.
- 2:21Speaker 1: Nathan proposed something else, a commission for every customer he
- 2:24Speaker 1: sent his way. Over more than a year, that cost
- 2:26Speaker 1: him about $ 1, 200. He saved almost $ 19, 000 with a single proposal.
- 2:31Speaker 1: But what really caught my attention about this business wasn't
- 2:34Speaker 1: the trailers. It's the fact that customers never see Nathan.
- 2:37Speaker 1: They book online, sign everything on their phones, and receive
- 2:40Speaker 1: a code. They arrive at the lot, open a little
- 2:42Speaker 1: lockbox with the key, hitch up the trailer, and drive away.
- 2:45Speaker 1: Nobody in his area was doing it that way. That
- 2:48Speaker 1: was the gap in the market. Now let's look at
- 2:50Speaker 1: the numbers. And I have to admit, I had to
- 2:52Speaker 1: look at them twice. Half a month, $ 2, 300. First full month, $ 4, 000. Today,
- 2:57Speaker 1: he brings in between $ 5, 500 and $ 7, 500 a month in revenue.
- 3:01Speaker 1: And after paying all his expenses, he takes home about $ 4, 000
- 3:04Speaker 1: in net profit, all while working between two and five
- 3:07Speaker 1: hours a week. And each trailer pays for itself in
- 3:09Speaker 1: about 75 rental days, and he still owns it. It's
- 3:12Speaker 1: not all sunshine and rainbows. Rentals drop sharply in the winter,
- 3:16Speaker 1: trailers come back scratched up, and maintenance costs him about $ 8, 000
- 3:18Speaker 1: a year. But listen to his advice. Before buying a
- 3:22Speaker 1: single trailer, post a listing for one using any photo
- 3:26Speaker 1: and count how many people message you. If nobody reaches out,
- 3:29Speaker 1: you haven't lost anything. Twice a week after getting off work,
- 3:32Speaker 1: Nathan stops by the lot on his way home. He
- 3:34Speaker 1: checks on his trailers, replaces a part if needed, and
- 3:38Speaker 1: goes on his way. And this is just the first
- 3:41Speaker 1: of seven. If this is already opening your eyes, subscribe
- 3:44Speaker 1: to Successful Entrepreneur. It's free. It only takes a second,
- 3:47Speaker 1: and that way you won't miss a single one. Because
- 3:49Speaker 1: the next guy is 17 years old, spends the entire
- 3:52Speaker 1: summer playing baseball, and still manages to make up to
- 3:55Speaker 1: $ 300 for every hour he puts into his business. Business two,
- 3:59Speaker 1: couch flipping. It's nighttime. In a garage, a young guy
- 4:02Speaker 1: takes a picture of two couches that cost him $ 100.
- 4:05Speaker 1: Hours later, he gets a message from a stranger. Can
- 4:08Speaker 1: I pay you right now so you don't sell them
- 4:10Speaker 1: to anyone else? His dad, standing right beside him, can
- 4:13Speaker 1: only say one thing. That's a scam. It wasn't. $ 1, 580
- 4:18Speaker 1: came through. That kid's name is Bentley. He's 17 years old.
- 4:22Speaker 1: And what he does is almost like a game. He
- 4:24Speaker 1: looks for couches that people are giving away or selling cheap,
- 4:27Speaker 1: negotiates the price, makes them look good in photos, and
- 4:30Speaker 1: resells them. And do you know the secret to finding them?
- 4:33Speaker 1: He looks for the worst listings. Dark photos, flattened cushions,
- 4:36Speaker 1: sellers who haven't bothered to make them look presentable. The
- 4:39Speaker 1: owner doesn't know what they've got. Bentley does. That night
- 4:42Speaker 1: when he made $ 1, 580, for example, the seller had listed
- 4:45Speaker 1: two couches separately with terrible lighting. Bentley arranged them in
- 4:49Speaker 1: an L-shape, like one big piece of furniture, and suddenly
- 4:53Speaker 1: they looked like something completely different. And here's the part
- 4:56Speaker 1: that surprised me the most. He doesn't even need a
- 4:58Speaker 1: fancy living room. He takes a picture of the couch
- 5:00Speaker 1: in the garage, and artificial intelligence places it inside a
- 5:04Speaker 1: beautifully decorated home, from the garage to the showroom in
- 5:07Speaker 1: one minute. But don't think everything went perfectly from the beginning.
- 5:10Speaker 1: His first couch cost him $ 75 and only made him
- 5:13Speaker 1: $ 70 in profit because he drove half an hour to
- 5:16Speaker 1: pick it up, paid for gas, and rented his own
- 5:19Speaker 1: dad's truck. Yes, his dad charges him. And he charges interest.
- 5:23Speaker 1: That's how Bentley came up with his first rule. Never
- 5:25Speaker 1: look for anything more than 15 minutes from home. And
- 5:28Speaker 1: then there are the weird days. One woman agreed to
- 5:31Speaker 1: sell him a leather couch set for $ 60, but wanted
- 5:34Speaker 1: to charge him an extra $ 20 to help him load it.
- 5:37Speaker 1: When they tried to lift the couches, she couldn't even
- 5:39Speaker 1: move them. So Bentley ended up knocking on his neighbor's doors,
- 5:42Speaker 1: one by one, until two complete strangers came out and
- 5:44Speaker 1: helped him for free. Once he got home, he discovered
- 5:47Speaker 1: the leather was genuine. Today, that set is listed for $ 1, 200.
- 5:51Speaker 1: How much time has he spent doing all of this?
- 5:54Speaker 1: About 12 hours total. How much has he made? Around $ 3, 500.
- 5:58Speaker 1: Do the math. Between $ 200 and $ 300 an hour. And
- 6:03Speaker 1: I'll leave you with his two tricks, which you can
- 6:05Speaker 1: start using tomorrow. First, never name your price first. Let
- 6:09Speaker 1: the other person throw out a number. Second, when you
- 6:11Speaker 1: go to pick something up, bring small bills. If you
- 6:14Speaker 1: bring one big bill, you can't say, I've only got 60.
- 6:18Speaker 1: Between baseball games, Bentley pulls out his phone, finds a
- 6:21Speaker 1: forgotten couch, and turns it into the piece of furniture
- 6:24Speaker 1: someone else has been looking for. And what if I
- 6:26Speaker 1: told you that something sitting in one of your drawers
- 6:28Speaker 1: right now could also be worth money? Because up next
- 6:31Speaker 1: are two friends who lost almost $ 5, 000 on a single order.
- 6:35Speaker 1: And today, bring it up to $ 20, 000 a month without
- 6:38Speaker 1: even finishing school. Business three, reselling old electronics. Do something
- 6:42Speaker 1: for me. Think about that drawer in your house where
- 6:45Speaker 1: all the cables end up. The remote that doesn't work anymore.
- 6:48Speaker 1: The camera nobody uses. Got it? That's where a business
- 6:52Speaker 1: that now brings in up to $ 20, 000 a month got
- 6:53Speaker 1: its start. Lucas was 15 years old when his mom
- 6:58Speaker 1: asked him to do something about the building toys that
- 7:00Speaker 1: were taking up space around the house. He listed them
- 7:02Speaker 1: online one by one, and that summer he sold between $ 5, 000
- 7:06Speaker 1: and $ 10, 000 worth, just from his childhood toys. When he
- 7:10Speaker 1: ran out, he started checking garage sales and thrift stores,
- 7:13Speaker 1: and his lifelong friend John joined him. And here's what
- 7:16Speaker 1: absolutely blew my mind about this business. People have things
- 7:19Speaker 1: sitting around their homes that they think are junk, but
- 7:22Speaker 1: they're not. An old VCR, the kind no manufacturer makes anymore.
- 7:26Speaker 1: They can pick up for $ 2 and sell for $ 100.
- 7:29Speaker 1: A cable that a store tosses into the $ 1 bin
- 7:32Speaker 1: sells for $ 60. Why? Because almost nobody takes the time
- 7:35Speaker 1: to look up how much the things they're selling are
- 7:37Speaker 1: actually worth. That little oversight is the entire business. Until
- 7:41Speaker 1: they decided to go bigger. They sent $ 5, 000 to a
- 7:44Speaker 1: supplier on the other side of the ocean for 500
- 7:46Speaker 1: untested devices, without clear photos, without even knowing the supplier.
- 7:51Speaker 1: And they waited an entire month for the box to arrive,
- 7:53Speaker 1: not knowing whether they'd lost everything. It arrived. Eight out
- 7:56Speaker 1: of ten devices worked, and after about 15 hours of work,
- 8:00Speaker 1: they walked away with nearly $ 5, 000 in net profit. But wait,
- 8:03Speaker 1: because the real blow came afterward. Feeling confident, they bought
- 8:06Speaker 1: another batch of 500 devices. They opened it, started testing them,
- 8:10Speaker 1: and not a single one worked. Not one. They lost
- 8:14Speaker 1: almost everything they'd invested, plus weeks of work. And they
- 8:17Speaker 1: learned something the hard way. Depending on a single supplier
- 8:20Speaker 1: isn't a business, it's a gamble. So they made almost 1,000
- 8:23Speaker 1: phone calls and sent 12,000 emails until they found five
- 8:26Speaker 1: or six new suppliers. Today, they bring in between $ 10, 000
- 8:30Speaker 1: and $ 20, 000 a month in revenue. And last year, they
- 8:33Speaker 1: crossed the six-figure mark. They're still in school. Their advice
- 8:36Speaker 1: for tomorrow, start with your own drawer. Then post an
- 8:39Speaker 1: ad that says, I buy your old cameras and electronics.
- 8:42Speaker 1: They get messages from about 20 people a day, two
- 8:44Speaker 1: young guys who started by selling their childhood toys and
- 8:47Speaker 1: discovered that what some people throw away is exactly what
- 8:50Speaker 1: other people are looking for. And remember this idea of
- 8:53Speaker 1: finding value where others don't see any. Because later on,
- 8:57Speaker 1: I'm going to introduce you to a man who makes
- 8:59Speaker 1: money inside homes that don't belong to him, getting in
- 9:01Speaker 1: before anyone else. And what he does afterward is what
- 9:05Speaker 1: truly left me speechless. But first, the next couple had
- 9:08Speaker 1: barely 200 followers, a newborn baby, And we're making almost $ 1, 000
- 9:12Speaker 1: an hour with a game we all played as kids.
- 9:15Speaker 1: Business 4. Plant Bingo. Almost $ 1, 000 an hour. Playing bingo. Yes,
- 9:20Speaker 1: the same bingo grandmas play, with bingo cards and markers.
- 9:23Speaker 1: Let me tell you how that's possible. Ben pitches business
- 9:26Speaker 1: ideas to his wife Stephanie about three times a week.
- 9:28Speaker 1: She almost always says no. One day, Ben saw a
- 9:31Speaker 1: video that had gone viral. A group hosting bingo nights
- 9:34Speaker 1: where the prizes were plants. He checked their page, and
- 9:37Speaker 1: they had 10 events scheduled for the following month, half
- 9:40Speaker 1: of them already sold out. He showed it to Stephanie,
- 9:42Speaker 1: and as usual, she moved on to something else. But
- 9:45Speaker 1: the next day, she came back and said, I've been
- 9:47Speaker 1: thinking about that plant bingo idea. That very same day,
- 9:51Speaker 1: they created their social media accounts, their logo, and their website.
- 9:54Speaker 1: And pay attention to the timing. Stephanie was on maternity
- 9:57Speaker 1: leave with a baby in her arms, and between the
- 9:59Speaker 1: two of them, they were already running other businesses and
- 10:02Speaker 1: holding down a job. So how exactly does it work?
- 10:05Speaker 1: A brewery or restaurant lets them use its space on
- 10:07Speaker 1: a slow day of the week. They don't charge Ben
- 10:09Speaker 1: and Stephanie anything because the couple fills the place with
- 10:12Speaker 1: people who come to eat and drink. Each person pays $ 30,
- 10:15Speaker 1: gets their bingo card, and plays 10 rounds. The winners
- 10:18Speaker 1: take home plants worth between $ 20 and $ 60, and nobody
- 10:21Speaker 1: leaves empty-handed. But here's what I liked the most. Tickets
- 10:24Speaker 1: are sold weeks in advance. They use that money to
- 10:27Speaker 1: buy the plants. In other words, this is one of
- 10:29Speaker 1: those incredibly rare businesses you can start without putting up
- 10:32Speaker 1: a single dollar of your own. And on top of that,
- 10:35Speaker 1: the venue promotes the event to its 20,000 or 30,000 followers.
- 10:38Speaker 1: Ben and Stephanie only had 200. Their start wasn't exactly glorious.
- 10:42Speaker 1: They held their first event at a soccer field they
- 10:44Speaker 1: already had, charged $ 10 per ticket, and gave away free pizza.
- 10:48Speaker 1: 25 people showed up, and they lost money, on purpose.
- 10:51Speaker 1: They wanted to find out whether people actually had fun
- 10:53Speaker 1: before they started charging real money. And people had so
- 10:56Speaker 1: much fun that one man won a bingo card and
- 10:58Speaker 1: shouted so loudly that he startled both of them. Now
- 11:00Speaker 1: look at how much it grew. First month, $ 2, 700. Second month, $ 21, 000.
- 11:03Speaker 1: Third month, around $ 25, 000. Their biggest event brought together 150 people,
- 11:12Speaker 1: generated $ 5, 300 in revenue, and left them with about $ 3, 000
- 11:17Speaker 1: in profit in roughly four hours, even after paying two
- 11:20Speaker 1: people to help them. One of those venues sold out
- 11:23Speaker 1: its tickets in four days and has already asked them
- 11:25Speaker 1: to host an event every month for the rest of
- 11:27Speaker 1: the year. And people from about 50 different cities have
- 11:30Speaker 1: contacted them asking how they can do the same thing
- 11:32Speaker 1: where they live. Their advice? Call any bar that already
- 11:35Speaker 1: hosts trivia nights or game nights. They already have the audience.
- 11:39Speaker 1: All they need is another night with a packed house,
- 11:41Speaker 1: a game grandma's play, a few plants, and a couple
- 11:44Speaker 1: with a newborn baby. We turned an ordinary night into
- 11:46Speaker 1: the most anticipated night of the week. Let's take a
- 11:49Speaker 1: 10-second break because we're already halfway through. Trailers, couches, old electronics,
- 11:53Speaker 1: and plant bingo. Four businesses, and not a single one
- 11:57Speaker 1: forced anyone to give up what they already had. Nathan
- 12:00Speaker 1: with his job, Bentley between baseball games, Lucas and John
- 12:03Speaker 1: between classes, Ben and Stephanie with a baby in their arms.
- 12:06Speaker 1: All of them building something on the side. Now tell
- 12:08Speaker 1: me in the comments, using just one word, which of
- 12:11Speaker 1: the four would you start? Trailers, couches, electronics, or bingo?
- 12:15Speaker 1: I read every single response. And if you still haven't
- 12:18Speaker 1: subscribed to Successful Entrepreneur, now's the time. Hit that button.
- 12:22Speaker 1: It's free. And stick around for what's coming next because
- 12:24Speaker 1: it's the best part of the video. Because the next
- 12:27Speaker 1: guy has never made a single sales call. And yet
- 12:29Speaker 1: a complete stranger paid him $ 1, 100 after just five messages.
- 12:33Speaker 1: Business five, advertising postcards. If the thought of selling terrifies you,
- 12:38Speaker 1: if just thinking about calling a stranger to offer them
- 12:41Speaker 1: something makes your palms sweat, this business is for you.
- 12:44Speaker 1: Because Josh, the guy who runs it, has never made
- 12:47Speaker 1: a cold call. Not one. And yet, a plumber paid
- 12:50Speaker 1: him $ 1, 100 after just five messages. Five. Josh typed them
- 12:55Speaker 1: from the back of his dad's truck on the way
- 12:56Speaker 1: home from a wedding. And what did he sell him?
- 12:59Speaker 1: A little ad space on a postcard. Josh puts together
- 13:02Speaker 1: a large postcard featuring about 16 ads from local businesses.
- 13:05Speaker 1: A landscaper, a bakery, a plumber. Only one business from
- 13:09Speaker 1: each category, so none of them compete with each other.
- 13:12Speaker 1: That postcard gets delivered to 10,000 homes in the same area.
- 13:15Speaker 1: And here's what made me stop in my tracks. The
- 13:17Speaker 1: Postal Service lets you send it to every home along
- 13:20Speaker 1: a mail route without needing a single name or address
- 13:22Speaker 1: for about 25 cents apiece. Josh doesn't need a customer
- 13:25Speaker 1: mailing list. He just needs advertisers. Now let's do the math,
- 13:28Speaker 1: because this is the best part. Printing and mailing 10,000
- 13:31Speaker 1: postcards costs him about $ 4, 800. Each little ad space sells
- 13:36Speaker 1: for between $ 350 and $ 1, 100. Just by filling the front,
- 13:39Speaker 1: he's already covered all his costs. Everything he sells on
- 13:42Speaker 1: the back is profit, between $ 4, 000 and $ 5, 000 per mailing.
- 13:46Speaker 1: And how does he find advertisers without calling them? He
- 13:48Speaker 1: posts in local business groups from Tuesday through Thursday, between 6.45
- 13:52Speaker 1: and 7.15 in the evening, when people have already had
- 13:55Speaker 1: dinner and are scrolling through their phones. And as soon
- 13:57Speaker 1: as he publishes a post, he comments on it himself
- 13:59Speaker 1: from two different accounts to boost its visibility. That's how
- 14:02Speaker 1: he closes 95% of his sales, through messages. But I'll
- 14:06Speaker 1: be honest with you, Josh can't guarantee results for anyone.
- 14:10Speaker 1: One carpet cleaner didn't receive his first call until four
- 14:13Speaker 1: months after the postcards were mailed. What Josh does sell
- 14:15Speaker 1: is the opportunity to reach thousands of homes in a
- 14:18Speaker 1: neighborhood for less than almost any other type of advertising.
- 14:21Speaker 1: Josh started with about $ 90 after watching a video that
- 14:24Speaker 1: had barely three likes. In his first year, he brought
- 14:27Speaker 1: in around $ 40, 000 in revenue just working in his spare time.
- 14:31Speaker 1: One bakery offered a free cookie in its little ad space.
- 14:34Speaker 1: The day the postcards arrived, four people walked into the
- 14:36Speaker 1: bakery holding the postcard in their hands. All four bought
- 14:39Speaker 1: something else. And now, finally, the man I've been telling
- 14:43Speaker 1: you about since the beginning, the one who gets into
- 14:45Speaker 1: other people's homes before anyone else does, is coming up next.
- 14:49Speaker 1: And what he does after getting inside is exactly why
- 14:52Speaker 1: I saved his story for this moment. Business. Sixth, estate sales.
- 14:57Speaker 1: He gets paid to enter a stranger's home, to walk
- 14:59Speaker 1: through every room, open every drawer, and put a price
- 15:02Speaker 1: tag on everything someone has accumulated over an entire lifetime.
- 15:06Speaker 1: And yet, that's not what's making him rich. Let's break
- 15:09Speaker 1: this down, because there are two layers to this story.
- 15:11Speaker 1: His name is Brayden. He had an office job he
- 15:13Speaker 1: didn't like, and on Saturdays he would wake up at
- 15:16Speaker 1: 5 in the morning to visit garage sales and resell
- 15:18Speaker 1: whatever he found at a little booth inside an antique store,
- 15:21Speaker 1: a few hundred dollars a month. Until winter came, the
- 15:24Speaker 1: garage sales dried up, and he started going to estate sales.
- 15:28Speaker 1: What's an estate sale? When someone dies, gets divorced, or
- 15:31Speaker 1: moves into a smaller home, the family needs to empty
- 15:34Speaker 1: the house quickly. So they hire someone to put a
- 15:37Speaker 1: price on everything and sell it over three days, with
- 15:40Speaker 1: discounts that increase each day. That person keeps 35% of
- 15:44Speaker 1: everything sold, sometimes as much as 50%. Now listen to
- 15:48Speaker 1: the part that makes this business almost one of a kind.
- 15:51Speaker 1: During the sale, all the money goes directly to Brayden.
- 15:53Speaker 1: He pays the family about two weeks later. In other words,
- 15:56Speaker 1: you don't need any starting capital. Brayden puts it this way.
- 16:00Speaker 1: You can get started with some tape, a marker, and
- 16:02Speaker 1: a few borrowed tables. But what he did to get
- 16:04Speaker 1: started is what impressed me the most. He went to
- 16:07Speaker 1: the best estate sale company in his area, his future competition,
- 16:10Speaker 1: and asked if he could work for them for free
- 16:12Speaker 1: so he could learn. They told him he couldn't work
- 16:15Speaker 1: for free, and they paid him. And on top of that,
- 16:18Speaker 1: they started sending him these smaller jobs they didn't want.
- 16:21Speaker 1: Then Braden would visit real estate offices and offer to
- 16:23Speaker 1: bring breakfast to their meetings in exchange for 10 minutes
- 16:26Speaker 1: to introduce himself. They almost always said yes. His first
- 16:29Speaker 1: estate sale took him 40 hours of putting price tags
- 16:32Speaker 1: on every tool in a garage without air conditioning. He
- 16:35Speaker 1: made about $ 6, 000. Six months later, he landed his first
- 16:38Speaker 1: million-dollar home. His business partner quit his job. Braden did
- 16:42Speaker 1: the same a few months later, not a single day
- 16:44Speaker 1: before that. Look at how much it grew. First year,
- 16:47Speaker 1: about $ 5, 000 a month. Second year, $ 10, 000. Third year, between $ 20, 000
- 16:51Speaker 1: and $ 30, 000. And he eventually reached between $ 30, 000 and $ 40, 000
- 16:55Speaker 1: in monthly revenue, partly thanks to one trick. He would
- 16:57Speaker 1: combine the contents of 20 or 30 small homes in
- 17:00Speaker 1: a single warehouse and hold one massive sale that generated $ 25, 000
- 17:03Speaker 1: to $ 30, 000 in a single weekend. That's just the first layer.
- 17:08Speaker 1: Here comes the second one, the one I've been promising
- 17:10Speaker 1: you since the beginning. A family called him to sell
- 17:13Speaker 1: their belongings before moving. Braden walked in and saw that
- 17:16Speaker 1: there wasn't enough stuff for an estate sale, so he
- 17:18Speaker 1: made them another offer. Sell me the house with everything
- 17:21Speaker 1: inside it. Take whatever you want, and I'll take care
- 17:23Speaker 1: of the rest. They agreed. He bought it for $ 70, 000.
- 17:27Speaker 1: All he did was remove the old carpet. He listed
- 17:30Speaker 1: it for $ 150, 000, and within a week, he already had
- 17:34Speaker 1: a buyer. Do you see what's happening here? Brayden is
- 17:37Speaker 1: the first person to enter homes that are about to
- 17:39Speaker 1: hit the market, and he gets paid to walk through
- 17:40Speaker 1: the door. Since then, he's bought and sold about 60
- 17:43Speaker 1: houses in eight years. The estate sales were the doorway.
- 17:47Speaker 1: The house itself was the real business. A man who
- 17:50Speaker 1: started out waking up at 5 in the morning to
- 17:52Speaker 1: go to garage sales and ended up being the first
- 17:54Speaker 1: person to open the doors to homes nobody else had
- 17:56Speaker 1: even seen yet. If this story stirred something inside you,
- 18:00Speaker 1: stick with us. Subscribe to Successful Entrepreneur, turn on the
- 18:03Speaker 1: notification bell, and don't miss the next business opportunity nobody
- 18:07Speaker 1: else is paying attention to. Because the last guy on
- 18:09Speaker 1: our list nearly died of embarrassment at his first event,
- 18:12Speaker 1: right in front of a crowd of professionals. And today
- 18:14Speaker 1: he books $ 10, 000 in a single week. Business 7, Inflatable
- 18:18Speaker 1: Movie Theater. His first event was a disaster, and not
- 18:22Speaker 1: a disaster behind closed doors, but one that happened right
- 18:25Speaker 1: in front of everyone. Derek showed up at a neighborhood
- 18:27Speaker 1: party where he was supposed to be the main attraction,
- 18:30Speaker 1: surrounded by vendors with years of experience. And there he
- 18:33Speaker 1: was with an inflatable movie screen he'd bought online. The
- 18:36Speaker 1: wind started picking up, and the screen folded over like
- 18:38Speaker 1: a plastic bag. A lot of people left, and Derek
- 18:41Speaker 1: ended up giving the event away for free. That night,
- 18:44Speaker 1: anyone else would have put that screen away for good.
- 18:46Speaker 1: And do you know why I understand that so well?
- 18:49Speaker 1: Because that screen was never meant to be a business.
- 18:51Speaker 1: It was a Christmas gift. $ 300 to watch movies in
- 18:54Speaker 1: the backyard with his wife and eight-year-old son. When the
- 18:57Speaker 1: school year ended, his son asked him to host a
- 19:00Speaker 1: movie night for his friends. And the parents who came
- 19:02Speaker 1: to pick them up all asked him the same question.
- 19:05Speaker 1: Do you rent this out? He posted it on an
- 19:07Speaker 1: online marketplace out of curiosity. And that's how he landed
- 19:10Speaker 1: that first event. But instead of giving up, he did
- 19:13Speaker 1: what people who stick with it do. He saved up
- 19:15Speaker 1: money and bought a professional screen that could withstand the
- 19:18Speaker 1: wind for about $ 4, 500. he charged $ 290 for his first
- 19:23Speaker 1: real event. Today, he charges anywhere from $ 375 to $ 1, 500
- 19:28Speaker 1: per night. And then he discovered a problem nobody had solved,
- 19:32Speaker 1: and this is my favorite part of his entire story.
- 19:34Speaker 1: Where Derek lives during the summer, it doesn't get dark
- 19:37Speaker 1: until 9.30 at night. A movie that starts at that
- 19:40Speaker 1: time ends at 11, and no little kid can stay
- 19:42Speaker 1: awake until 11. So Derek spent two months working with
- 19:46Speaker 1: a factory to design something that didn't exist, an enclosed
- 19:49Speaker 1: inflatable movie theater that's dark inside even when the sun
- 19:52Speaker 1: is shining outside and has air conditioning he charges seventeen
- 19:55Speaker 1: hundred dollars to rent out that theater and his customers
- 19:58Speaker 1: pay him a month in advance Now let's look at
- 20:00Speaker 1: the numbers. Last year, he brought in around $ 40, 000 in revenue. Recently,
- 20:04Speaker 1: he booked $ 10, 000 in a single week, barely even looking
- 20:08Speaker 1: for customers. And this year, he's on track to bring
- 20:10Speaker 1: in between $ 90, 000 and $ 100, 000 with profit margins between 70%
- 20:14Speaker 1: and 80% because the equipment is already paid off and
- 20:17Speaker 1: the rest is his time. All of this while he
- 20:19Speaker 1: and his wife continue running another business they already had.
- 20:22Speaker 1: And listen to how the next idea came about. At
- 20:24Speaker 1: the end of every movie, Derek would play music videos.
- 20:26Speaker 1: When he came back to pick up the equipment, he'd
- 20:28Speaker 1: find the kids dancing behind the screen. He thought, there's
- 20:31Speaker 1: another opportunity here. Today, he rents out illuminated dance floors
- 20:34Speaker 1: for $ 3, 000 each. His advice? If you want to start
- 20:37Speaker 1: something like this, find someone who's already doing the same
- 20:40Speaker 1: thing in another city, where you wouldn't be their competition,
- 20:43Speaker 1: and ask them everything. And then, remember the phrase Derek
- 20:46Speaker 1: says without any hesitation after that first event. If you're
- 20:49Speaker 1: already prepared, you waited too long. A dad who just
- 20:52Speaker 1: wanted to watch a movie with his son, and who
- 20:54Speaker 1: now spends his weekend nights watching other people's children dance
- 20:57Speaker 1: under the lights. And there you have them. Seven people,
- 21:00Speaker 1: and not one of them gave up what they already
- 21:02Speaker 1: had to get started. From an employee with two kids
- 21:05Speaker 1: to a dad with a Christmas gift, they all built
- 21:07Speaker 1: something on the side. Now it's your turn. One word
- 21:09Speaker 1: down in the comments. Which of the seven would you
- 21:12Speaker 1: start this very month? And if you've made it this far,
- 21:14Speaker 1: you're already one of ours. Subscribe to Successful Entrepreneur because
- 21:18Speaker 1: every week we're bringing you more businesses nobody else is
- 21:21Speaker 1: paying attention to. And don't leave just yet. Right here
- 21:24Speaker 1: on the screen, I've got another video for you featuring
- 21:26Speaker 1: businesses that almost nobody dares to start. One of them
- 21:29Speaker 1: could be yours. And there you have it, seven people,
- 21:32Speaker 1: seven businesses, and not one of them had to give
- 21:34Speaker 1: up what they already had to get started. An employee,
- 21:37Speaker 1: a student who plays baseball, two friends working between classes,
- 21:39Speaker 1: a couple with a baby, a young man who was
- 21:41Speaker 1: about to become a father, a man who used to
- 21:43Speaker 1: wake up at five in the morning, and a dad
- 21:45Speaker 1: with a Christmas gift. They all started something on the side.
- 21:48Speaker 1: Now it's your turn. In one word, down in the comments,
- 21:51Speaker 1: which of the seven would you start this very month?
- 21:54Speaker 1: And if you've made it this far, you're already one
- 21:56Speaker 1: of us. Subscribe to Successful Entrepreneur because every week we're
- 22:00Speaker 1: bringing you more businesses nobody else is paying attention to.
- 22:03Speaker 1: And don't leave just yet. Right here on the screen,
- 22:05Speaker 1: I've got another video featuring businesses that almost nobody dares
- 22:08Speaker 1: to start. One of them could be yours.