Offline Businesses?



i've been trying to come up with an offline business idea for months...

all my online income streams have dried up :(
 
There are some industries are still under servered that it is just ridiculousness. Most offline businesses fail because they never get enough clients. Since you on WF you know what your doing with online marketing, now take that and combine it with something that doesn't involve a high cost barrier and your golden.

I'm currently getting some incorporating done for 2 types of businesses right now. The first involves people who die (everybody) and doesn't really even require too much capital. A few licenses, legal docs to protect my ass and branding the business to become the go to authority source. Since there really isn't one that is in socal it's a ripe market.

The 2nd one involves real estate on a nationwide scale. This one is a bit more complex because in real estate there is always big money and state/federal rules that must be followed to a T or your ass is grass. However the niche I am targeting is nationwide with no one really taking it head on.

Offline isn't hard but it just takes time to find an business type that is profitable with little overhead.
 
"you always want to invest in things people can't do without... water & cemetaries? pretty safe bets" - mr. brooks
 
guerilla said:
I don't think many of us pay a lot of attention to what Warren Buffet does. He was in the right place at the right time a few decades ago and made some great calls, but I don't think anyone believe he is one of the leading edge investors of the last decade.
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LOL You are funny Usually I think you know what you are talking about
 
drave said:
its pretty simple... high capital cost with little chance to differentiate from your competitors. its a recipe for disaster. people are willing to pay to get from point A to B but most will take the lowest bid because its a commodity style business (people don't care who provides it, the service is homogenous). there are alot of commodity style businesses but none with that level of upfront capital barrier for so low a margin, particularly when one of their main operating costs (fuel) fluctuates and is determined by the free market. its doomed and it will always be doomed. getting into the airline business as an owner or investor is insanity.
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You're overcomplicating it. The reason they are in trouble is because like most large businesses, they are run by bureaucratic MBA-clone managers who are more interested in defending their positions (and bonuses/pensions) than creating a highly successful/profitable/sustainable business.

It's possible to be highly profitable in the Airline industry - both Ryanair and Easyjet manage to be in the UK.

Flag carriers (British Airways for example) are particularly vulnerable to this, because they are often privatised ex-state monopolies. They struggle to come to terms with the fact they have to compete, and often keep that "government department" mentality for many decades.
 
^ how does someone get into the stormsheltering biz?

Seems funny being from Ohio but I guess you could clean up if you live in tornado alley.
 
jonas33h said:
^ how does someone get into the stormsheltering biz?

Seems funny being from Ohio but I guess you could clean up if you live in tornado alley.
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It's been a family business since 1980. We manufacture and install them. I just made a website with plans to resell them, somewhat like an affiliate program, but the response has been incredible. It's taken my complete attention for the last year.
 
rileypool said:
It's been a family business since 1980. We manufacture and install them. I just made a website with plans to resell them, somewhat like an affiliate program, but the response has been incredible. It's taken my complete attention for the last year.
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take-shelter.jpg
 
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