So the idea about this thread is to encourage others. All of us entrepeneurs, or aspiring to be, basically on a daily basis observe and find problems, pains, failures that could be fixed or improved. Me myself I'm from an emerging economy, a relatively late market in a lot of industries. So copying things from devolped countries can be applied and actually work in several times.
for an example, I like to walk and I'm used walk from home to my factory that is located in the suburban/rural area of a city of 2 million people. I have several possible routes to choose and in one of them I walk around 8km in a heavy traffic road (outdated small road that connects downtown to city suburbs, it's a hell!) anyway in this area there are a lot of little farms, big car dealerships and supermarkets, PLENTY OF SPACE AND GRASS, A LOT OF GRASS. I knew this area was owned by the same families for decades, that's how I bought the lot where I installed my business, so I know them and was able to reach them and offer a possible passive income with ZERO work: billboards.
Long story short: After getting the landlords approval, I reached to a marketing agency that I knew used to do this job and got the city permits to legally offer the deal. Once all set and papers signed my duties were only the eletrical bills to the lights of the billboards. Got 40 of them installed which made me around 3.5k USD/mo, remember I live in an emerging economy so this is a lot of money. This deal ran through 6 years until the new mayor shut down all this kind of big visual advertisements. I used this extra income to leverage my business without the need of getting debt in a bank. It probably cost me around 60 to 70 working hours in total.
so just because I was walking there and saw only grass an opportunity emerged. I hope that this thread can be your path to walk through a new opportunity and maybe an extra income or even a real long lasting business, even fastlane.
pain number 1:
In the region where my business is located there is a lack of natural/organic pesticides and a huge demand on locally/organically produced food. Chating with some of the top farm suppliers NONE of them had supply enough to offer and ALL of them said that there is a relevant amount of people asking for it.
pain number 2:
Ready to drink cocktails. In a visit to Europe before covid, I was able to taste a huge amount of ready to drink cocktails such as espresso martini, negroni, mojitos, pina coladas, etc. that could be bought in any supermarket or convenience sorte. Again, I can only say locally but here in my country there is a HUGE deficit in the beverage market, pretty much we drink only beer and I see this options GREAT for the beach climate and enviroment, just carry a coolerbox with ice and lots of drinks to the beach and the party is ready to start. Maybe it's a consumer habit or taste, maybe it is an opportunity.
So FLF, what pain have you faced and would like to share?
for an example, I like to walk and I'm used walk from home to my factory that is located in the suburban/rural area of a city of 2 million people. I have several possible routes to choose and in one of them I walk around 8km in a heavy traffic road (outdated small road that connects downtown to city suburbs, it's a hell!) anyway in this area there are a lot of little farms, big car dealerships and supermarkets, PLENTY OF SPACE AND GRASS, A LOT OF GRASS. I knew this area was owned by the same families for decades, that's how I bought the lot where I installed my business, so I know them and was able to reach them and offer a possible passive income with ZERO work: billboards.
Long story short: After getting the landlords approval, I reached to a marketing agency that I knew used to do this job and got the city permits to legally offer the deal. Once all set and papers signed my duties were only the eletrical bills to the lights of the billboards. Got 40 of them installed which made me around 3.5k USD/mo, remember I live in an emerging economy so this is a lot of money. This deal ran through 6 years until the new mayor shut down all this kind of big visual advertisements. I used this extra income to leverage my business without the need of getting debt in a bank. It probably cost me around 60 to 70 working hours in total.
so just because I was walking there and saw only grass an opportunity emerged. I hope that this thread can be your path to walk through a new opportunity and maybe an extra income or even a real long lasting business, even fastlane.
pain number 1:
In the region where my business is located there is a lack of natural/organic pesticides and a huge demand on locally/organically produced food. Chating with some of the top farm suppliers NONE of them had supply enough to offer and ALL of them said that there is a relevant amount of people asking for it.
pain number 2:
Ready to drink cocktails. In a visit to Europe before covid, I was able to taste a huge amount of ready to drink cocktails such as espresso martini, negroni, mojitos, pina coladas, etc. that could be bought in any supermarket or convenience sorte. Again, I can only say locally but here in my country there is a HUGE deficit in the beverage market, pretty much we drink only beer and I see this options GREAT for the beach climate and enviroment, just carry a coolerbox with ice and lots of drinks to the beach and the party is ready to start. Maybe it's a consumer habit or taste, maybe it is an opportunity.
So FLF, what pain have you faced and would like to share?
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