this post was submitted on 17 Nov 2023
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I have a few businesses
A foreign tourism business makes about 2k a month
I consult in the firearms industry and months are off and on, but I probably average 4k in the bad months and 18k in a good month
Estate liquidations currently losing probably 2k a month
Startup online gambling site. Currently in the beginning phases and I am only losing money since we haven't taken anything in yet.
Making niche reproduction military items (started with WWII Watches)- currently averaging 2k-8k a month
There are other smaller things not worth bringing up yet, or they are losing money.
Interested in details on #2 if you're willing to give any
What ya wanna know?
I primarily help gun shops with compliance and to scale their business into shooting ranges or multiple locations. I also help shooting ranges develop customer retention policies and membership programs
I’m curious about #2 what does that entail? Thanks
I help gun shops with compliance and to scale their business into a shooting range. I also help shooting ranges develop customer retention policies and membership programs
How do you manage all of this? Do you have people in place with each business where it's basically all passive?
It's one thing so see someone with a dozen business where they are all scaled, they likely purchased them etc but this sounds really impressive to me, feels like you are somewhat bootstrapped just based on business size but all are still legit businesses..
They're either small or I have others that put some time into it as employees or contractors.
It's pretty easy if you are willing to give up more of your profit in exchange for time
interested to learn more about the watches!! Watches are one of my main passions alongside WW2 history so these sound epic!
I dont know if we can plug here but we made as close to exact reproductions to the 4 main models used by the US during the war.
The FSSC (Navy/Marine), Ordnance 10617 (Officer), Ordnance 10609 (Enlisted) and The A-11 (Air Corps).
Did the gambling thing good luck
You tried it? In what context?
Between all of the different businesses that you have going on, which one is the most profitable or provides you with the most fulfillment! Have you thought about specializing in just one and becoming the best at that particular business? I say that as someone who didn’t start seeing success at over $50,000 a month until I was a laser focus about one business!