Latest / SUCCESSFUL BUSINESS / 15 PROFITABLE Businesses That Will NEVER DIE

Transcript

15 PROFITABLE Businesses That Will NEVER DIE · SUCCESSFUL BUSINESS

• 0:05
  Speaker 1: The most recession-proof business on this list sells something that
• 0:08
  Speaker 1: comes straight out of the faucet in your own home.
• 0:10
  Speaker 1: And yet, people pay for it every single day. Nobody
• 0:13
  Speaker 1: takes it seriously until they do the math on how
• 0:15
  Speaker 1: much it costs to fill a five gallon water jug.
• 0:18
  Speaker 1: While so many people live in fear that artificial intelligence
• 0:21
  Speaker 1: or the next economic crisis will take away their jobs,
• 0:23
  Speaker 1: Others have been making money for years, doing work that
• 0:26
  Speaker 1: no machine can do and that no crisis has ever
• 0:28
  Speaker 1: managed to shut down. Today, I'm bringing you 15 businesses
• 0:31
  Speaker 1: that will never die, and each one comes with the
• 0:34
  Speaker 1: full breakdown. What you need to get started, who pays you,
• 0:37
  Speaker 1: and how much people already doing this work are making.
• 0:39
  Speaker 1: 15 businesses, 15 needs that won't disappear, no matter what
• 0:42
  Speaker 1: happens with the economy or technology. And pay close attention
• 0:45
  Speaker 1: to number three, because it's something everyone buys several times
• 0:48
  Speaker 1: a year, something almost nobody puts on display in a storefront,
• 0:52
  Speaker 1: and something that sells for more than twice what it costs.
• 0:55
  Speaker 1: And stick around until the very last one, because it's
• 0:57
  Speaker 1: a trade everyone has been calling dead for years. And today,
• 1:00
  Speaker 1: it's more alive than ever. Let's get started. I'm Pablo,
• 1:03
  Speaker 1: and this is Successful Entrepreneur. Business One, mobile plumbing services.
• 1:06
  Speaker 1: 11 at night. A pipe bursts underneath the bathroom sink,
• 1:11
  Speaker 1: and water starts spreading all over the floor. Nobody waits
• 1:13
  Speaker 1: until Monday, and that urgency is the entire business. You
• 1:17
  Speaker 1: don't need a storefront. Your workshop fits inside a toolbox
• 1:20
  Speaker 1: and travels wherever you go. The truth is, plumbing is
• 1:22
  Speaker 1: a skill you have to learn, ideally by working alongside
• 1:25
  Speaker 1: someone who already knows the trade inside and out. But
• 1:28
  Speaker 1: once you've learned it, every phone call becomes a job.
• 1:31
  Speaker 1: And what pays the most is exactly what you can't see.
• 1:34
  Speaker 1: Finding a hidden leak inside a wall is billed as
• 1:36
  Speaker 1: specialized work. And your most valuable customer isn't a homeowner.
• 1:40
  Speaker 1: It's the property manager of an apartment building who calls
• 1:42
  Speaker 1: you every time something breaks. And how much can you charge?
• 1:45
  Speaker 1: In many places, plumbers charge between $ 75 and $ 150 just
• 1:50
  Speaker 1: to show up and diagnose the problem, with the actual
• 1:52
  Speaker 1: repair billed separately. And if the emergency happens at night
• 1:55
  Speaker 1: or on a holiday, the rate can go up to
• 1:57
  Speaker 1: three times the normal price. If this first business already
• 2:00
  Speaker 1: got you thinking, subscribe, because the next 14 all follow
• 2:03
  Speaker 1: the same rule. Nobody can replace them. From one of
• 2:05
  Speaker 1: the oldest trades in the home, we're moving on to
• 2:07
  Speaker 1: one that didn't even exist 20 years ago and isn't
• 2:10
  Speaker 1: going anywhere either. Business two, cell phone and tablet repair.
• 2:13
  Speaker 1: Technology is supposed to eliminate jobs, but technology actually created
• 2:17
  Speaker 1: this one. These days, nobody can go a single day
• 2:20
  Speaker 1: without their phone, and that's why a cracked screen or
• 2:22
  Speaker 1: a dead battery needs to be fixed right away. The
• 2:24
  Speaker 1: business is repairing the things that break most often, screens, batteries,
• 2:28
  Speaker 1: and charging ports. Some repairs cost around $ 15 in parts
• 2:31
  Speaker 1: and take 20 minutes, while a screen replacement can bring
• 2:34
  Speaker 1: in anywhere from $ 50 to $ 300, depending on the device.
• 2:38
  Speaker 1: What many people don't realize is that the sale doesn't
• 2:40
  Speaker 1: end with the repair. While customers wait, they also pick
• 2:43
  Speaker 1: up a tempered glass screen protector, a phone case, and
• 2:46
  Speaker 1: a new charging cable. To get started, all you need
• 2:49
  Speaker 1: is a small space, precision tools, and practice working on
• 2:52
  Speaker 1: used devices. But here's the truth. A cheap, low-quality replacement
• 2:56
  Speaker 1: part will bring an angry customer right back to your
• 2:59
  Speaker 1: shop within a week. In this business, warranties and protecting
• 3:02
  Speaker 1: your customers' data are what keep your schedule fully booked.
• 3:05
  Speaker 1: The next business is something almost nobody displays in a storefront,
• 3:09
  Speaker 1: and it's the one I mentioned at the beginning. It
• 3:11
  Speaker 1: sells for more than twice what it costs. Business three,
• 3:14
  Speaker 1: wholesale underwear. How often do you buy underwear? Probably several
• 3:17
  Speaker 1: times a year without giving it much thought and without
• 3:19
  Speaker 1: waiting for any particular fashion trend. That's the business. Some
• 3:22
  Speaker 1: wholesale lots can be purchased for less than a dollar
• 3:25
  Speaker 1: per piece. And one of the most common rules in
• 3:27
  Speaker 1: clothing retail is to sell items for twice what they cost.
• 3:30
  Speaker 1: The smartest way to sell isn't one piece at a time.
• 3:33
  Speaker 1: It's offering three packs, which increases how much each customer spends.
• 3:37
  Speaker 1: And here's the best part. The merchandise rarely gets damaged.
• 3:39
  Speaker 1: With no zippers or buttons, very little inventory goes to waste.
• 3:42
  Speaker 1: It doesn't go out of season, and you don't have
• 3:44
  Speaker 1: to put it on clearance. You can sell through catalogs,
• 3:47
  Speaker 1: deliver directly to customers, or operate from a small shelf
• 3:50
  Speaker 1: in a store. But here's the truth. Medium sizes sell
• 3:53
  Speaker 1: out first, while the smallest and largest sizes tend to
• 3:56
  Speaker 1: sit longer. So you need to keep that in mind
• 3:58
  Speaker 1: when buying inventory. And that's where we see the one
• 4:01
  Speaker 1: thing all these businesses have in common. They sell something
• 4:04
  Speaker 1: people will need to buy again, no matter what happens.
• 4:06
  Speaker 1: And the next business brings in cash every single day
• 4:09
  Speaker 1: at the same time from the same customers. Business 4,
• 4:12
  Speaker 1: home-cooked meals and daily lunch specials. A worker has 40
• 4:14
  Speaker 1: minutes for lunch, doesn't want fast food, and misses a
• 4:17
  Speaker 1: home-cooked meal. Now multiply that by every office, workshop, and
• 4:21
  Speaker 1: store in your area. The business is offering a simple
• 4:23
  Speaker 1: daily lunch special, soup, a main course, and a drink,
• 4:26
  Speaker 1: all at a reasonable price. You buy your ingredients early,
• 4:29
  Speaker 1: cook exactly the amount you need, and sell from a
• 4:32
  Speaker 1: small location or directly from your home kitchen, delivering meals
• 4:35
  Speaker 1: to nearby offices. But the trick very few people use
• 4:38
  Speaker 1: is the weekly meal plan. Customers pay for all five
• 4:41
  Speaker 1: lunches on Monday, and you have the money before you
• 4:43
  Speaker 1: even start cooking. That way, the business finances itself without
• 4:46
  Speaker 1: forcing you to go into debt. But here's the truth.
• 4:49
  Speaker 1: Hygiene and permits aren't optional. And the day your food
• 4:51
  Speaker 1: doesn't taste as good as usual, your customer will go
• 4:54
  Speaker 1: straight to the competitor next door. And remember this. Later on,
• 4:57
  Speaker 1: we're going to look at a business where the product
• 4:59
  Speaker 1: costs almost nothing to obtain and sells every single day.
• 5:02
  Speaker 1: But first, the next business has something almost no other
• 5:05
  Speaker 1: business has. Customers who pay without even asking about the price.
• 5:08
  Speaker 1: Business 5. Tire Repair and Sales This business has the
• 5:12
  Speaker 1: kind of customer every entrepreneur dreams of. Someone who pays
• 5:15
  Speaker 1: without arguing because they can't get back on the road
• 5:17
  Speaker 1: until you take care of their problem. A flat tire
• 5:20
  Speaker 1: can't wait. The business is repairing, inflating and checking tire
• 5:24
  Speaker 1: pressure and replacing tires when they're beyond repair. Location is everything,
• 5:28
  Speaker 1: near major roads, transportation routes, or industrial areas where taxi drivers,
• 5:33
  Speaker 1: delivery drivers, and truckers are constantly passing through. And here's
• 5:37
  Speaker 1: the business within the business. Tire repairs bring customers in,
• 5:40
  Speaker 1: but selling used tires that are still in good condition
• 5:42
  Speaker 1: is where the profit margin comes from. Your tools last
• 5:45
  Speaker 1: for years and supplies like patches and adhesives cost very little.
• 5:48
  Speaker 1: But here's the truth. It's physically demanding, dirty work with
• 5:51
  Speaker 1: long hours. Still, the person who becomes the trusted tire
• 5:53
  Speaker 1: shop for drivers in the area has cash coming in
• 5:56
  Speaker 1: every single day of the year. And the next business
• 5:58
  Speaker 1: has customers who keep coming back on their own without
• 6:01
  Speaker 1: you ever having to call them up to 20 times
• 6:03
  Speaker 1: a year. Business 6, Barbershopper Beauty Salon. A customer who
• 6:06
  Speaker 1: gets a haircut every two or three weeks comes back
• 6:09
  Speaker 1: around 20 times a year. No advertising. You don't even
• 6:12
  Speaker 1: have to call them. That's the math that makes this
• 6:14
  Speaker 1: business so strong. You charge for each service. Haircuts, beard trims,
• 6:18
  Speaker 1: eyebrow grooming, hairstyling, and the supplies you use for each
• 6:21
  Speaker 1: one cost very little compared to what you charge. To
• 6:24
  Speaker 1: get started, you don't need your own storefront. Many people
• 6:27
  Speaker 1: begin by renting a chair inside an established barbershop or
• 6:31
  Speaker 1: offering services at customers' homes. But someone who only cuts
• 6:34
  Speaker 1: hair is leaving money on the table. A happy customer
• 6:37
  Speaker 1: walks out with the hair pomade, beard oil, or treatment
• 6:40
  Speaker 1: you recommended, and those sales add up every single day.
• 6:43
  Speaker 1: But here's the truth. Your first year is about building
• 6:46
  Speaker 1: a loyal customer base, and your hands are the business.
• 6:49
  Speaker 1: On the days you don't work, no money comes in.
• 6:52
  Speaker 1: That's why keeping a well-organized appointment schedule is just as
• 6:55
  Speaker 1: valuable as your scissors. The next business is the one
• 6:57
  Speaker 1: where you can charge the most for less than an
• 6:59
  Speaker 1: hour of work, and it almost always starts with the
• 7:01
  Speaker 1: same mistake. The most common mistake is opening a repair
• 7:07
  Speaker 1: shop on a busy road and waiting for someone to
• 7:09
  Speaker 1: bring in a refrigerator. Nobody is going to haul a
• 7:12
  Speaker 1: refrigerator or a washing machine across town. The person making
• 7:16
  Speaker 1: money is the one who goes to the customer's home.
• 7:18
  Speaker 1: When an appliance breaks down, the family does some quick math.
• 7:21
  Speaker 1: If fixing it costs less than half the price of
• 7:24
  Speaker 1: a new one, they'll get it repaired. And you're the
• 7:26
  Speaker 1: person who gives them that answer. Listen to this. Many
• 7:30
  Speaker 1: technicians charge between $ 50 and $ 150 per hour. But since
• 7:34
  Speaker 1: most small repairs take less than an hour, customers usually
• 7:37
  Speaker 1: end up paying the minimum service call fee. On average,
• 7:40
  Speaker 1: a repair costs around $ 175. The replacement part is usually inexpensive.
• 7:45
  Speaker 1: What you're really charging for is knowing exactly what's wrong.
• 7:49
  Speaker 1: But here's the truth. This is a trade that requires
• 7:52
  Speaker 1: proper training, because a wrong diagnosis can be expensive. And
• 7:55
  Speaker 1: technicians who specialize in the most common appliance brands fill
• 7:58
  Speaker 1: their schedules faster. Hold on a second, because we're already
• 8:01
  Speaker 1: halfway through. Plumbing, cell phone repairs, underwear, home-cooked meals, tires,
• 8:05
  Speaker 1: barber shops, and appliance repairs. Seven businesses, and not a
• 8:09
  Speaker 1: single one depends on a trend. They all make money
• 8:12
  Speaker 1: from something that breaks, wears out, or runs out. Which
• 8:15
  Speaker 1: one can you already picture yourself doing? And don't get distracted,
• 8:19
  Speaker 1: because the one I mentioned at the beginning is still
• 8:21
  Speaker 1: coming up. Here's a little hint. It's the only business
• 8:23
  Speaker 1: on this list with customers who pay every single month,
• 8:27
  Speaker 1: even when you haven't done anything new. We've covered seven,
• 8:29
  Speaker 1: and the strongest ones are still ahead. you're finding this
• 8:32
  Speaker 1: channel helpful subscribe and turn on the notification bell so
• 8:35
  Speaker 1: you don't miss any of them and we're kicking off
• 8:37
  Speaker 1: the second half with the business i almost left off
• 8:40
  Speaker 1: the list because it seemed so boring but it ended
• 8:42
  Speaker 1: up being one of the biggest surprises business eight egg
• 8:45
  Speaker 1: distribution in some countries across the americas people already eat
• 8:49
  Speaker 1: an average of one egg per person every single day
• 8:51
  Speaker 1: of the year that statistic explains everything the business is
• 8:55
  Speaker 1: buying eggs in bulk directly from farms and selling them
• 8:58
  Speaker 1: by the tray to households grocery stores bakeries and restaurants
• 9:02
  Speaker 1: To get started, you need a cool place to store
• 9:04
  Speaker 1: the eggs and a small vehicle for deliveries. There's nothing
• 9:07
  Speaker 1: to manufacture or explain. Eggs practically sell themselves. The secret
• 9:12
  Speaker 1: is knowing who's buying from you. Households buy whenever they
• 9:14
  Speaker 1: remember they need eggs, but bakeries and restaurants place regular
• 9:18
  Speaker 1: orders every week, and that makes your income predictable. Plus,
• 9:21
  Speaker 1: your money doesn't sit around what you buy today. You
• 9:24
  Speaker 1: collect payment for within just a few days. But here's
• 9:27
  Speaker 1: the truth. The profit on each egg is small. So
• 9:30
  Speaker 1: this business is all about volume. And the product is fragile.
• 9:33
  Speaker 1: One sudden stop while driving and your entire day's profit
• 9:36
  Speaker 1: could be gone. And the next business proves that technology
• 9:39
  Speaker 1: doesn't always kill a trade. Sometimes it creates more work
• 9:41
  Speaker 1: for it than ever before. Business 9. Tailoring and clothing alterations.
• 9:45
  Speaker 1: Cheap clothing and online shopping were supposed to put tailors
• 9:47
  Speaker 1: out of business. The exact opposite happened. These days, people
• 9:49
  Speaker 1: buy clothes without trying them on, and a lot of
• 9:51
  Speaker 1: those clothes don't fit. The founder of a clothing alterations
• 9:54
  Speaker 1: company claims that standard small, medium, and large sizes don't
• 9:57
  Speaker 1: fit nearly 90% of people properly. That's where this business
• 10:06
  Speaker 1: comes in. Hemming pants, taking in waistbands, replacing zippers, and
• 10:09
  Speaker 1: charging for every alteration. The biggest money isn't in large
• 10:11
  Speaker 1: custom orders. It's in quick alterations. One tailor explains it
• 10:15
  Speaker 1: this way. Pants that need adjusting come in every single day,
• 10:18
  Speaker 1: while making a new garment takes two or three days.
• 10:21
  Speaker 1: You can get started with a sewing machine and a
• 10:23
  Speaker 1: small workspace, then grow by working with school uniforms or
• 10:26
  Speaker 1: clothing stores that don't offer alterations. But here's the truth.
• 10:29
  Speaker 1: you need precision and patience because a mistake of just
• 10:32
  Speaker 1: one centimeter can ruin an entire garment the next business
• 10:35
  Speaker 1: serves a customer who doesn't talk doesn't complain and whose
• 10:39
  Speaker 1: owner pays without haggling over the price business 10 pet
• 10:42
  Speaker 1: store and dog grooming these days some dogs use better
• 10:46
  Speaker 1: shampoo than their owners and that's not a joke it's
• 10:48
  Speaker 1: a business a small pet store sells something that runs
• 10:51
  Speaker 1: out every single month pet food that customer comes back
• 10:55
  Speaker 1: on their own every month for the same bag of
• 10:57
  Speaker 1: food But the big profit margin is in the services, bathing, haircuts,
• 11:01
  Speaker 1: nail trimming, and ear cleaning. A full dog grooming session
• 11:04
  Speaker 1: already costs, on average, between $ 85 and $ 104. And what if,
• 11:09
  Speaker 1: instead of waiting for the dog to come to you,
• 11:11
  Speaker 1: you go to the customer's home? Mobile dog bathing costs
• 11:14
  Speaker 1: more than grooming at a salon because the owner is
• 11:17
  Speaker 1: paying for the convenience of not having to transport their pet.
• 11:20
  Speaker 1: But here's the truth. Medical services require a licensed veterinarian,
• 11:23
  Speaker 1: so this business focuses on pet food and grooming. And
• 11:26
  Speaker 1: you need proper training, because not every dog shows up
• 11:29
  Speaker 1: in a good mood. And now I have a question
• 11:31
  Speaker 1: for you. Tell me in the comments the number of
• 11:33
  Speaker 1: the business you would start if you had to begin
• 11:35
  Speaker 1: from scratch tomorrow. Just the number, because I read every
• 11:39
  Speaker 1: single comment. The next business starts working while everyone else
• 11:42
  Speaker 1: is asleep. And by 6 in the morning, there's already
• 11:45
  Speaker 1: a line at the door. Business. 11. Bakery and pastry shop.
• 11:49
  Speaker 1: 5 in the morning. The street is still dark, but
• 11:50
  Speaker 1: the smell of freshly baked bread is already drifting out
• 11:53
  Speaker 1: the door, doing the work of any advertisement. Bread is
• 11:56
  Speaker 1: on the tables of millions of families every single day.
• 11:59
  Speaker 1: And that's why this business brings in revenue 365 days
• 12:00
  Speaker 1: a year. The math behind it is simple. In a bakery,
• 12:05
  Speaker 1: ingredients usually account for between one-quarter and one-third of the
• 12:08
  Speaker 1: selling price. Flour, water, and yeast cost very little compared
• 12:11
  Speaker 1: to the finished bread. But listen to this, because it's
• 12:14
  Speaker 1: the part almost nobody talks about. After paying all the expenses,
• 12:17
  Speaker 1: the net profit margin for many bakeries ends up between
• 12:20
  Speaker 1: 5% and 10%. That's why successful bakery owners don't rely
• 12:23
  Speaker 1: on bread alone. They add cakes, cookies, and coffee, where
• 12:26
  Speaker 1: the profit margins are higher, and they supply local coffee
• 12:29
  Speaker 1: shops and stores with wholesale orders. But here's the truth.
• 12:32
  Speaker 1: This is a business that requires waking up early every
• 12:35
  Speaker 1: single day, and bread that doesn't sell today is money lost.
• 12:39
  Speaker 1: And once again, we see the same rule that applies
• 12:41
  Speaker 1: to every business on this list. Something people need every
• 12:44
  Speaker 1: morning never goes out of style. And the next business
• 12:47
  Speaker 1: is a trade that, according to many people, electric cars
• 12:50
  Speaker 1: were supposed to kill. I'm going to tell you why
• 12:52
  Speaker 1: the opposite is happening. Business 12. Car and motorcycle repair shop.
• 12:56
  Speaker 1: Electric cars don't need oil changes, and that's why many
• 12:59
  Speaker 1: people believe mechanics are on their way out. But the
• 13:01
  Speaker 1: reality is different. An electric vehicle weighs more than a
• 13:03
  Speaker 1: gasoline-powered one, and that extra weight causes more wear on tires, brakes,
• 13:07
  Speaker 1: and suspension components. Those are exactly the kinds of jobs
• 13:10
  Speaker 1: that bring the most money into a repair shop, and
• 13:12
  Speaker 1: they aren't disappearing. They're simply moving to a different type
• 13:15
  Speaker 1: of vehicle. The business is maintenance and repairs, brakes, suspension,
• 13:19
  Speaker 1: wheel alignment, oil changes for gasoline-powered vehicles, and selling replacement
• 13:23
  Speaker 1: parts right there in the shop. What makes a repair
• 13:25
  Speaker 1: shop successful isn't the tools. It's trust. An honest mechanic
• 13:28
  Speaker 1: who explains what's wrong and charges a fair price keeps
• 13:31
  Speaker 1: customers for years, sometimes serving entire families. Many people start
• 13:34
  Speaker 1: by repairing motorcycles, which require less space and a smaller investment,
• 13:38
  Speaker 1: and grow from there. But here's the truth. Working on
• 13:40
  Speaker 1: high-voltage electrical systems requires specialized training, and mechanics who don't
• 13:44
  Speaker 1: keep their skills up to date get stuck serving yesterday's customers.
• 13:47
  Speaker 1: And here it is, the business I've been telling you
• 13:49
  Speaker 1: about since the very beginning, the one that sells something
• 13:52
  Speaker 1: that comes straight out of the faucet. Business 13, Purified Water.
• 13:56
  Speaker 1: Two cents. That's how little it can cost to purify
• 13:59
  Speaker 1: one gallon of water. And that same gallon sells for
• 14:02
  Speaker 1: anywhere between 25 cents and one dollar. When I did
• 14:06
  Speaker 1: that math, I checked it three times. Here's how the
• 14:08
  Speaker 1: business works. You take water from the municipal water supply,
• 14:12
  Speaker 1: run it through a system of filters, reverse osmosis, and
• 14:14
  Speaker 1: ultraviolet light, and fill large water jugs. You sell it
• 14:17
  Speaker 1: at the counter, but the real money is in deliveries.
• 14:20
  Speaker 1: Some families buy several large water jugs every week, and offices, restaurants,
• 14:24
  Speaker 1: and stores need water every single day. And here's what
• 14:27
  Speaker 1: makes this business different from everything we've seen so far. Subscriptions.
• 14:32
  Speaker 1: Customers sign up, you deliver their water jugs every week,
• 14:35
  Speaker 1: and they pay for the entire month, even when you
• 14:37
  Speaker 1: haven't done anything new. On top of that, you can
• 14:39
  Speaker 1: sell water dispensers, pumps, and equipment maintenance services. But here's
• 14:43
  Speaker 1: the truth. Setting up a complete water purification plant can
• 14:46
  Speaker 1: cost between $ 20, 000 and $ 100, 000, and water quality is non-negotiable.
• 14:51
  Speaker 1: In one major city, authorities found that at least one
• 14:54
  Speaker 1: quarter of the businesses refilling water jugs were selling contaminated water.
• 14:58
  Speaker 1: That's why, in this business, filters must be replaced on time,
• 15:01
  Speaker 1: and laboratory testing must be performed. The person who does
• 15:04
  Speaker 1: it right doesn't compete on price. They compete on trust,
• 15:07
  Speaker 1: and customers pay for that trust every single week if
• 15:09
  Speaker 1: this business made you reach for your calculator subscribe right
• 15:12
  Speaker 1: now we've got two left and the last one is
• 15:14
  Speaker 1: going to completely change the way you think about skilled
• 15:17
  Speaker 1: trades and the next business collects payment for the entire
• 15:19
  Speaker 1: month in advance and its customers stay with you for
• 15:22
  Speaker 1: years business 14 child daycare center both parents work and
• 15:26
  Speaker 1: their two-year-old needs a safe place to stay from eight
• 15:29
  Speaker 1: in the morning until five in the afternoon That's a
• 15:32
  Speaker 1: need no technology can ever eliminate. The business is taking
• 15:35
  Speaker 1: care of young children during working hours and charging a
• 15:38
  Speaker 1: fixed monthly fee. You offer part-time or full-time plans with
• 15:41
  Speaker 1: meals included and early childhood development activities, and each plan
• 15:45
  Speaker 1: has its own price. The most valuable thing about this
• 15:48
  Speaker 1: business is how long customers stay with you. Once parents
• 15:51
  Speaker 1: trust you, their child doesn't leave after a month. They
• 15:53
  Speaker 1: stay until they're old enough to start school, and many
• 15:56
  Speaker 1: times their younger sibling ends up coming too. Your first
• 15:59
  Speaker 1: customers come from families who work nearby and local companies
• 16:02
  Speaker 1: whose employees don't have anywhere to leave their children during
• 16:04
  Speaker 1: the workday. But here's the truth. This is the most
• 16:07
  Speaker 1: demanding business on the entire list when it comes to permits, regulations,
• 16:11
  Speaker 1: and safety. There's no room for improvisation here, because what
• 16:14
  Speaker 1: families are trusting you with is the most important thing
• 16:17
  Speaker 1: in their lives. And now we've reached the last one,
• 16:20
  Speaker 1: the business I told you about at the beginning, the
• 16:22
  Speaker 1: trade everyone thinks is dead. Business 15. Everyone says the
• 16:27
  Speaker 1: neighborhood shoe repair shop is an old man's trade, and
• 16:30
  Speaker 1: they're right about one thing. Many cobblers are retiring, and
• 16:33
  Speaker 1: they have nobody to take over their businesses. But here's
• 16:36
  Speaker 1: what almost nobody talks about. The repair shops that are
• 16:39
  Speaker 1: still open can't keep up with demand. Some cobblers have
• 16:42
  Speaker 1: waiting lists that stretch an entire month, and one even
• 16:45
  Speaker 1: had to close his shop for a full month just
• 16:47
  Speaker 1: to catch up on orders. More and more people would
• 16:50
  Speaker 1: rather repair their good quality shoes than buy new ones
• 16:52
  Speaker 1: that won't last. The business is replacing soles and heels,
• 16:55
  Speaker 1: repairing stitching, replacing zippers, and making shoes that customers were
• 16:59
  Speaker 1: about to throw away look brand new again for a
• 17:01
  Speaker 1: fraction of what a new pair would cost. And the
• 17:03
  Speaker 1: extra money is in leather goods, jackets, bags, purses, and backpacks.
• 17:08
  Speaker 1: To get started, all you need are hand tools and
• 17:10
  Speaker 1: a shoe sewing machine. And the best place to learn
• 17:12
  Speaker 1: is from a cobbler who's getting ready to retire. But
• 17:14
  Speaker 1: here's the truth. This trade requires skilled hands and patience.
• 17:18
  Speaker 1: And some customers never come back to pick up their shoes.
• 17:21
  Speaker 1: So you collect a deposit up front. And that's what
• 17:24
  Speaker 1: all 15 businesses we've covered today have in common. No
• 17:27
  Speaker 1: machine and no economic crisis can take away the things
• 17:29
  Speaker 1: people need every single day. The cobbler everyone thought was
• 17:32
  Speaker 1: going out of business now has a completely packed schedule.
• 17:35
  Speaker 1: And if you feel like this video was worth your time,
• 17:38
  Speaker 1: you can buy me a coffee using the Super Thanks button.
• 17:40
  Speaker 1: Whatever you can contribute, I genuinely appreciate it. If you've
• 17:43
  Speaker 1: made it this far, you already know what you'll find
• 17:45
  Speaker 1: on this channel. Subscribe so you'll be the first to
• 17:47
  Speaker 1: hear about the next business opportunity. And click on the
• 17:50
  Speaker 1: video you see on your screen, because there's another list
• 17:52
  Speaker 1: waiting for you that you definitely don't want to miss.