$100/hour business you can start under $1000

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electric self transportation is hot niche right now and new I think anyone can make easy profits if you choose the right products

I recently got an idea which I am considering setting up a local business for and I think it's something anyone can do. Electric bikes are still hot, you can see it in google keywords

The business method is:
step 1: buy electric bike conversion kit with battery from china for ~$150
step 2: learn how to install it
step 3: buy advertising in local newspaper, the ad should be something like "we will make your bike to electric $300"
step 4: wait for calls
step 5: go to customers address and install the kit
you just made $150 in 1-2 hours of work


With this approach you don't need to bother creating a website to start making money right away, you just need a new simcard to answer the calls. Of course creating a website is always beneficial, but you can do it later when scaling your business.

If you have a friend who is good with repairing bikes etc. you can outsource the work right away or give it to contractors, so you can focus on the sales.


This is a new idea that I am still thinking about, so I am open to any criticism and ideas.

I wish you all success in business and life
 
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Actually i have mind reading, and if it broke ? You need be an eletrician who can fix this electric bike as warranty deal.
 
Actually i have mind reading, and if it broke ? You need be an eletrician who can fix this electric bike as warranty deal.

Well since you are charging double anyway you can eat the cost and provide a free replacement. That would cost you $0 :)

Or if you are making good money, you can just hire an actual electrician to fix it.
 
Can I ask - where are you getting your kit + battery from for $150?! I've looked on Ebay and they are going for at least double that.
 
Can I ask - where are you getting your kit + battery from for $150?! I've looked on Ebay and they are going for at least double that.

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Well since you are charging double anyway you can eat the cost and provide a free replacement. That would cost you $0 :)

Or if you are making good money, you can just hire an actual electrician to fix it.

You can check the warranty with your wholesaler.
I work with some china manufacturers and they usually offer free replacement if you pay for the shipping.
The kit consists of motor, battery, controller and some wires. If you build it waterproof then I don't think anything will go wrong.
I have had electric scooters and the problem is usually with the brakes and other parts of the device.



for those who have asked, you should buy it directly from the manufacturer.
you can find companies on alibaba or other places
 
This would never work in Florida.
The only people taking electric scooters from Point A - Point B are crackheads that sit outside your local Publix grocery and ask you for spare change......
 
You have to be careful to do such thing in US or even Europe! Selling electrical stuff without having an established company, liability insurance is a big & huge liability! What if someone get hurt? Like the hike stops suddenly at 15-20 miles speed or does not stop or whatever.. and they could claim the bike malfunctioned .. geez you may even get charged with 2nd degree or 3rd degree murder here in US if someone dies using such bike and they relate his injuries to the bike!
Always think about possible liabilities when starting any business! Keep in mind electrical stuff have tons of regulations.
 
I hone
You have to be careful to do such thing in US or even Europe! Selling electrical stuff without having an established company, liability insurance is a big & huge liability! What if someone get hurt? Like the hike stops suddenly at 15-20 miles speed or does not stop or whatever.. and they could claim the bike malfunctioned .. geez you may even get charged with 2nd degree or 3rd degree murder here in US if someone dies using such bike and they relate his injuries to the bike!
Always think about possible liabilities when starting any business! Keep in mind electrical stuff have tons of regulations.
I honestly think It would be easier buying shoes from china and re selling them on Ebay for a 30% increase before you go and sell "Electric Scooters" In the USA LMAO
 
I hone

I honestly think It would be easier buying shoes from china and re selling them on Ebay for a 30% increase before you go and sell "Electric Scooters" In the USA LMAO

LOL. But the shoes need different sizes too, so you got to have inventory or all sizes.
I think foldable bikes are not a bad idea, as long as they are not electrical, but again what if the bike fold back while the person going 10-15 miles LMAO
 
Well since you are charging double anyway you can eat the cost and provide a free replacement. That would cost you $0 :)

Or if you are making good money, you can just hire an actual electrician to fix it.
If all business owners were thinking like this the world would have been a better place.
 
Electric bikes are not very popular in india as of now asmost people prefer to have a motorcycle or car.
 
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