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The thing is,the most profitable businesses are often the boring ones. Unlike online businesses, the competition they face is decreasing daily as everyone chase

The thing is,the most profitable businesses are often the boring ones. Unlike online businesses, the competition they face is decreasing daily as everyone chases after some glamorous business where they can work from the beach.

lesuorac 3y ago
I'm not sure thats the exact reason. This guy is subbing out work to other companies; he's not making 53k/month by picking up litter. He's running a business with nominally 1 employee but contracts out the excess work to other companies who I doubt are all making 53k/month. That said, having seen snow plow ads it does sound like good money. Not as good as fang.
- mewpmewp2 3y ago
  But also 53k/month is revenue. Who knows what the profit margin is there? If he's subbing out all that work it could be very little. It feels a bit misleading to mention that as revenue and in other cases mention a six-figure operation. Six-figure could mean anything from $100k to $999k. So which is it, there's quite a huge difference. Usually when people say six figures they would mean somewhere around $100k. Is what he's paying himself after all of that around $100k per year then? Overall the article of course seems like ad piece that directs you to his homepage where he's selling a course on how to do the same...
  - al_borland 3y ago
    I always roll my eyes when I see people only highlighting revenue with no other context. I always assume the margins are small. In the article when it talks about a "six figure operation", I think they are referring to the $650k in revenue, which would be a six figure operation. I don't see any clues into what he's taking home.
    - mewpmewp2 3y ago
      Yeah... I went to also read the website where he's selling a guide, and there he is saying "All it takes is a few minutes each day, at each property to keep the sites litter-free. If you’re looking for a simple, low-risk business with the potential to earn you a 6 figure income, order the manual right now." So I had this in mind, because here he mentioned income, but I used the wording from the article. It always irks me as well when people say "figures" like that because it's a range of 1 to 10x, and it seems he really enjoys doing that. Another quote from him "I’ve been cleaning up litter in and around commercial properties for over 30 years and I’ve been earning a 6 figure income from it."
      - DistractionRect 3y ago
        Basically it's just an ad to sell a get rich quick scheme, and the only one to get rich is the one selling the scheme

lesuorac 3y ago

I'm not sure thats the exact reason. This guy is subbing out work to other companies; he's not making 53k/month by picking up litter. He's running a business with nominally 1 employee but contracts out the excess work to other companies who I doubt are all making 53k/month. That said, having seen snow plow ads it does sound like good money. Not as good as fang.

mewpmewp2 3y ago
But also 53k/month is revenue. Who knows what the profit margin is there? If he's subbing out all that work it could be very little. It feels a bit misleading to mention that as revenue and in other cases mention a six-figure operation. Six-figure could mean anything from $100k to $999k. So which is it, there's quite a huge difference. Usually when people say six figures they would mean somewhere around $100k. Is what he's paying himself after all of that around $100k per year then? Overall the article of course seems like ad piece that directs you to his homepage where he's selling a course on how to do the same...
- al_borland 3y ago
  I always roll my eyes when I see people only highlighting revenue with no other context. I always assume the margins are small. In the article when it talks about a "six figure operation", I think they are referring to the $650k in revenue, which would be a six figure operation. I don't see any clues into what he's taking home.
  - mewpmewp2 3y ago
    Yeah... I went to also read the website where he's selling a guide, and there he is saying "All it takes is a few minutes each day, at each property to keep the sites litter-free. If you’re looking for a simple, low-risk business with the potential to earn you a 6 figure income, order the manual right now." So I had this in mind, because here he mentioned income, but I used the wording from the article. It always irks me as well when people say "figures" like that because it's a range of 1 to 10x, and it seems he really enjoys doing that. Another quote from him "I’ve been cleaning up litter in and around commercial properties for over 30 years and I’ve been earning a 6 figure income from it."
    - DistractionRect 3y ago
      Basically it's just an ad to sell a get rich quick scheme, and the only one to get rich is the one selling the scheme