1. Insurance Agency Business

• Since I, Nate Jones, own this business, Wexford Insurance (wexfordins.com) I naturally recommend it. 

• An insurance agency has recurring revenue and can be operated virtually from anywhere.

• People and businesses have to purchase insurance and you can make a lot of money if they buy it from you. 

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2. YouTube Monetization

• My YouTube Channel (youtube.com/@nate_indiana_jones) makes me around $1,200-$2,000 a month. This isn't a ton of money but it doesn't take a lot of my time. 

• Running a successful niche YouTube channel can provide you a passive income source. 

 

3. Lead Generation Business​​

• I own a lead company (contractorbackoffice.com) so I naturally love this business.

• A lead generation business essentially sells leads to other businesses. An example, a plumbing company needs leads to sell plumbing jobs. My lead generation business sells leads to contractors.

• If you can sell leads or appointments to companies, they will pay you handsomely.  

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4. Virtual Assistant Agency or Service 

• In this business you will either be placing VA's at companies like a staffing company or your company will offer a service that is fulfilled by VA's that you have hired. 

• An example: You place a VA for $1,000 a month to a client. You pay the VA $600 a month and pocket $400 a month for placing the VA. 

• With labor cost being one of the largest line items for a business, this business can be great a solution for most companies.  

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5. Bookkeeping and Accounting

• This business is great because there is a shortage of bookkeepers and accountants.

• Also, this business has recurring revenue. Most clients do not leave you if you do a great job.

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6. Outsourced CEO's, CFO's, Board Seats, and Management Teams​

• In this business, you are essentially fractionally outsourcing your talented staff to multiple companies. A lot of companies are growing but can't afford a full time CFO, CEO, etc. but they can afford 1/5 of one for 1/5 of the cost. This business provides CFO's for a limited number of hours a week which benefits the growing company greatly. 

• As long as you charge more than what your CFO costs, you will make money. ​

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7. Staffing Agency for Specialty Positions

• A staffing company makes money by getting paid a portion of the workers hourly pay by placing them in a position. They can also get paid a lump sum for recruiting and placing a worker as well. 

• If you have a talent for finding talent, you can make a lot of money

 

8. Wholesaling Niche Products

• Other known as drop shipping. If you are in a niche and want to sell a needed product to that niche you can create a website or influence and get paid a portion of the purchase price when someone buys through you. 

 

9. Wedding Venue

• If you can find the right property to lease or develop you can make a lot of money providing a venue for weddings. The costs of weddings continue to rise and people want to pay for a nice place to have their special day. 

 

10. Pool Service

• I love pool service businesses because there is recurring revenue and the clients usually have money to pay you for your services. If you take care of your clients and service their pool correctly, you will have a pay customer forever. 

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