Suggest me completely whitehat businesses capable to generating $ 1 million in profit in one year.
- Thread starter awesomewebsites
- Start date
Ahmed Al Banna
Regular Member
- Apr 4, 2023
- 449
- 299
Unless Joey Diaz walks into gas station and steals all the money from cash registerGas stations have a great conversion rate but low margin
BertIsFat
Regular Member
- Oct 5, 2023
- 364
- 213
That happened from time to time, boulder 86!Unless Joey Diaz walks into gas station and steals all the money from cash register
- Dec 26, 2013
- 5,793
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You must have some skills, for example whatever you did to make the money you are looking to invest.
As for SaaS I dont code it, i hire developers.
- Nov 16, 2011
- 18,246
- 10,400
What has worked for me does not have the potential to give one million in profit in one year. That is why I am looking for other ideas. Offline business also fine with me but DM biggest downside there is that I have never done any offline business in life.
- Nov 16, 2011
- 18,246
- 10,400
My shy personality is not for this business here in my country.
- Jan 3, 2024
- 285
- 66
Well you wanna make 1 million in profit per year so you should start getting out of your comfort zone, cause that ain't gonna help ya.
- Oct 29, 2021
- 3,753
- 2,087
By the way none mentiones crypto investment, since this is highly risky but a good profit margin.
- Nov 16, 2011
- 18,246
- 10,400
When there is loss in share market, that itself scares me. If I invest big amount in crypto, my sleep will be disturbed because of the volatility. I would like something giving me money slowly but consistently. Like some offline store or factory. Not something all of sudden that comes with lot of risks like crypto .
DarknetD
Newbie
- Feb 2, 2021
- 16
- 5
I have a few offline that will make you that. Depends how much down your working with. Hit me up. One is a trucking company with 9 trucks and 18 drivers.
- Dec 30, 2023
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- 72
Proxy services -> Find a good supplier, sell for like $1.6-$2 / gig, you need to adv for 3 months and after that you'll have lots of traffic and customers, you should be generating 6 figs a month if not more.
Hoboninja
Regular Member
- Sep 25, 2020
- 292
- 286
What is the amount you are looking to spend to start out?
I had an import biz what grossed 3-5 mill at its peak but my inventory was buying a 40ft shipping container ( or more) and having several warehouses to keep it in. My labor , rent, and bills without a penny on inventory was about 12k per month...
Oversaw 20 mil in monthly revenue for a food chain ( each new location cost 2 mil to build ) and net profit was 10% of an average selling price of 6 dollars so spend 2 mil to make 60 cents a sale IF you do it PERFECT using the worst labor pool society has to offer.
Do you have 100k , 10k , 100 dollars?
If you want free advice on making tons of cash at least be decent enough to explain your situation in full detail.....
What are your skills, your initial investment capital, and what can you burn per month after that without loosing sleep and needing a bottle of Xanax to get from one hour to the next while you light cash on fire getting the biz started. How many hours a week can you spend on this while also working a full-time job to keep new cash coming into this new venture? Do you have rich friends or family to invest without cutting your throat on equity shares?
These are all important things to tell strangers on the internet you want million dollar advice from.
Millions in profit means thousands and thousands of dollars in start-up capital ten times out of nine, unless you buy e-books from Youtube gurus saying you can make a trillion dollars selling thrift store widgets on Etsy or whatever the f^&% the shill that day.
I had an import biz what grossed 3-5 mill at its peak but my inventory was buying a 40ft shipping container ( or more) and having several warehouses to keep it in. My labor , rent, and bills without a penny on inventory was about 12k per month...
Oversaw 20 mil in monthly revenue for a food chain ( each new location cost 2 mil to build ) and net profit was 10% of an average selling price of 6 dollars so spend 2 mil to make 60 cents a sale IF you do it PERFECT using the worst labor pool society has to offer.
Do you have 100k , 10k , 100 dollars?
If you want free advice on making tons of cash at least be decent enough to explain your situation in full detail.....
What are your skills, your initial investment capital, and what can you burn per month after that without loosing sleep and needing a bottle of Xanax to get from one hour to the next while you light cash on fire getting the biz started. How many hours a week can you spend on this while also working a full-time job to keep new cash coming into this new venture? Do you have rich friends or family to invest without cutting your throat on equity shares?
These are all important things to tell strangers on the internet you want million dollar advice from.
Millions in profit means thousands and thousands of dollars in start-up capital ten times out of nine, unless you buy e-books from Youtube gurus saying you can make a trillion dollars selling thrift store widgets on Etsy or whatever the f^&% the shill that day.
CASHMONNIE
Banned - Selling via PM
- Jan 12, 2020
- 268
- 112
Real estate.
- Dec 26, 2013
- 5,793
- 5,082
I am an angel investor so a lot of the time people approach me.
But for Micro SaaS i just look at bigger expensive products that can be broken down into smaller elements or something that can be done better.
- Dec 30, 2023
- 139
- 72
you'll have to do some research lol, cant give everything to you on a silver platter.