That usually works if you can find something that (1) you can do (2) is valuable and in demand.
Do you have a good heuristic for finding something valuable to do that meets these criteria?
Seems like everything worth doing has been done or is capital intensive to get into.
I am mechanically inclined and have all the tools and a garage (inherited) to work on cars in maybe I can buy wrecks and fix them up. I am not too good at sales though and there is a lot of regulatory burden to get set up. Not to mention zoning and other stuff. Maybe it is worth looking into...
With interest rates so low these days though almost anybody can finance a new or newer car and it kind of hurts used car dealers but then again with covid there is more demand for cars from people leaving cities.
But the work is hard and dirty and not quite as lucrative as a best selling book...lol.
morpheos137|5 years ago
Do you have a good heuristic for finding something valuable to do that meets these criteria?
Seems like everything worth doing has been done or is capital intensive to get into.
I am mechanically inclined and have all the tools and a garage (inherited) to work on cars in maybe I can buy wrecks and fix them up. I am not too good at sales though and there is a lot of regulatory burden to get set up. Not to mention zoning and other stuff. Maybe it is worth looking into...
With interest rates so low these days though almost anybody can finance a new or newer car and it kind of hurts used car dealers but then again with covid there is more demand for cars from people leaving cities.
But the work is hard and dirty and not quite as lucrative as a best selling book...lol.