Businesses I Love

These are all businesses and markets that I love. The competition is weak. The market is growing. The costs and risks are low. The odds are good. You can analyze the market and make accurate decisions. You can win.

Start small. Start low skilled and low risk if you don’t have any capital or experience. As the opportunities grow and you get momentum your business can evolve. If you have capital and are willing to invest the time and money you can find very profitable niche services. The more specialized you can get the better the margins and the better the chances of success.

These are not commodities. You can always add more value and avoid competing on price and racing to the bottom. There will always be customers willing to pay a premium for better and faster services. The biggest gap in most of these industries is speed. Service providers are overloaded so they are booked out 1-2 weeks. They have more business than they can handle. If you can deliver a consistent service tomorrow you can charge 50%-100% more.

If you have a tech background or can apply basic tech you have a huge competitive advantage in these spaces. The companies that currently dominate don’t have the tech to get you quick quotes. They don’t have the tech to manage employees or schedules or billing.

Interested in getting started? Here is my take on an analytical approach to starting a low risk business. Have a job? Get started while working.

This list will be growing and changing and evolving. Check out the businesses I hate here.

Home services:

  • Lawn Care (fertilizing and weed control)
  • Landscaping
  • Pest control
  • Deck staining
  • Pressure washing
  • Window/Gutter Cleaning
  • Closet build out
  • Moving/Hauling
  • Tree trimming / arborist
  • Interior design
  • Home office build out
  • Maid services
  • Carpet cleaning
  • Childcare
  • Pet grooming
  • Pet care/walking/boarding
  • Thermal imaging – utility saving
  • Smart home Installation
  • Chimney cleaning
  • Pool services
  • Hot tub wiring/installation
  • Countertop epoxy design
  • Custom furniture refinishing
  • Window washing
  • Pavement power cleaning
  • Laundry services
  • Mirror installation
  • Foundation repair
  • Mold removal
  • Security installation
  • Custom lighting installation
  • Dog underground fence installation
  • Solar panel installation
  • Irrigation system installation
  • Storm shutter installation
  • Hurricane prep service
  • Grass seed service
  • Custom wallpaper installation
  • Fire damage remediation
  • On demand holiday decorations
  • Gardening services
  • Septic service / pumping
  • Garage door service / installation
  • Cabinet making / refurbishing
  • Aquarium installation
  • Secure package delivery box installation

Vehicle Services

  • Mobile oil change
  • Mobile car wash/detailing
  • Mobile tire sales/service
  • Mobile glass repair
  • Mobile mechanic
  • Mobile dent repair (paintless)
  • Mobile decal and wrap services
  • Locksmith

Event/Seasonal services:

  • Off premise bartending
  • Catering
  • Specialty food trucks (keep it simple and very fast)
  • Event DJ
  • Event management
  • Photography
  • Videography (wedding or corporate)
  • Photo booth rental
  • Porta Potty rental
  • Tents/Party rental
  • On demand cleanup crews
  • On demand junk removal / hauling
  • Casino tables and dealer rentals for events

Entertainment:

  • Hunting guides
  • Hiking tours
  • Biking tours
  • Event management
  • Party rentals

Personal care:

  • Mobile haircuts
  • Mobile makeup
  • Mobile hair styling
  • Mobile massage
  • Mobile Pedicure/Nails
  • Personal style consulting
  • Personal assistant

Trades/construction:

  • Electrical
  • Plumbing
  • Carpenter
  • General Contractor
  • Heating and air HVAC
  • Civil engineering
  • Structural engineering
  • Architecture
  • Asphalt / Concrete
  • Door/Window installation
  • Painting
  • Bridge Painting
  • Masonry
  • Carpet/Flooring installation/refinishing
  • Ceramic Tile installation
  • Fence installation
  • Auger Boring
  • Surveying
  • Septic tank install and service
  • Insulation installing (spray and standard)
  • Elevator installation and service
  • Asbestos removal
  • Welding
  • Warehouse storage rack installation
  • Roofing
  • Siding
  • Epoxy flooring / counter tops
  • Fire sprinkler system installer / detector installation
  • Excavation
  • Equipment operation
  • Pipe fitting

Business Services

  • Logo design
  • Graphic design
  • Videography
  • Drone Pilot
  • Customer service
  • Bookkeeping
  • Mobile Headshots
  • Cleaning
  • Bartending/Catering
  • Mobile fencing for festivals or construction sites
  • Porta potty rentals
  • Training video creation
  • Liquidation services
  • Furniture building (dorm, office, hospital, hotel, etc)

Real estate transactions:

Super niche services:

  • Home appliance repair
  • Beer line cleaning / keg tap services
  • Deep clean restaurant floors
  • Awning installation
  • Bathtub/shower reglazing
  • Boat Cleaning
  • Boat shrink wrapping
  • Boat repair/maintenance
  • RV / Boat winterizing
  • RV cleaning
  • RV pickup/delivery
  • Trophy animal mounting
  • Hunting dog training
  • Flood cleanup
  • Dock building
  • Forklift service/repair
  • Golf cart service/repair
  • Graffiti removal
  • Green home consultation
  • Acoustic insulation installation
  • Slushy machine servicing
  • Parking lot power cleaning
  • Lighting rod installation
  • Pool safety alarms
  • Private investigating
  • Security company
  • Limo company
  • Bush sculpting

Retail / Hospitality

Niche carpentry:

  • Building gun safes into walls
  • Closet build out
  • Home bar building
  • Egress window framing/installation
  • Home office build out
  • Wine cellar building
  • Sauna Building
  • Steam shower installation
  • Hidden safes and secret entry construction
  • Cubical building
  • Patio building
  • Fireplace building
  • Cistern/Water gatherer installation
  • Home sound room or studio build
  • Home stairlift installation
  • Urban farming systems
  • Custom beekeeping builds
  • Murphy bed building/installation (NYC)

Have your own concept you are interested in exploring? Email me and I’ll feature an analysis on my podcast. The podcast is my main focus!

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January 17, 2019 10:31 am