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.
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