Over the past years I've started a few initiatives which did helped me to be able to do what I want today. However if I had to do it all again I would start a few businesses in several sectors which would have these 2 key characteristics :-
So what business would be able to be suited in these categories ? These are just two of the ideas which I have tried and is currently sustainable and seems to be giving out good yield.
Business #1 - Advertising business
What ???? You gotta be kidding !! That's the toughest business ... and that's the most common answer which I normally get. However let me tell you this ... if you are able to create your own advertising network and grow it substantially , its not really that hard. All you require is to find a niche.
In my experience, I created an advertising network thru local wifi. I was able to strike deals with shopping malls and public transportation to be able to grab hold of their wifi real estate. Once you have obtained that, you can then tie in with Advertising agencies and get them to place their clients on these exclusive wifi zones for advertising.
Why advertisers wants this slot ? As these are exclusive networks and not just some random website which people so happens to go to . A lot of advertisers will pay a good sum of money to be seen in these locations. You then provide a profit share with the wifi venue and you would be surprise on how much clean revenue you will be able to earn from this. Our largest advertiser paid $100k for an advertising slot for 1 year for just 20 locations.
Business #2 - Crypto Trading
WHATTT ?? LoL ... a lot of individuals which got left with a bad taste in their mouth after the huge bull run in Jan 2018 followed by a super 10 month bearish run. How can one realistically make any money here and how about automation.
Ever check out this website ? https://arbitrage.coincheckup.com/
Google up the word Arbitrage trading and you will the a whole new world of trading. Also you would require to be able to run a few trade bots within your most commonly used trade platform. In my case I use mostly Poloniex and Bittrex as there are many ways to automate your trade.
Just do not get greedy and try hit for super high profits. Take small steps and gain from the long run. I normally run about 20 - 40 trades per day depending on market movements. And its helped me increase my portfolio.
SO ! There are many other businesses which you can setup and make substantial gains which I would love to share .. however it would risk giving out all my lil secrets =) .
If you have knowledge of coding , that is normally a real big plus in todays world. There are much things you can do just be being able to automate stuff and make your money work for you really hard.
Cheers and have a great day ahead.
