The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Best freedom businesses to invest in/buy

Accelerate wealth. Build a business that pays freedom. Join more than 70,000 entrepreneurs and register for the Fastlane Entrepreneur forum. Remove ads? Join the INSIDERS.

BlackandBlue

PARKED
Apr 7, 2013
1
0
2
Hi all,

Long time lurker, first time poster

I have been lucky enough to do very well out of investing in crypto early. I now find my self with 6 figures to play with and thinking how to best invest it in a turnkey business which will generate me a regular income without a large investment of my time on a regular basis to maintain it.

I realise crypto is quite possibly the best place to park your money at the moment if you know what you are doing, however, I'm thinking about diversification, broadening my ability to have flexibility with the taxation of my income and something that will keep me engaged and challenged but not to the degree a startup would.

I already have a couple of small businesses on the boil in the crypto space, I'm looking for something completely outside of the field- eg buy a smaller franchise gym, hire a manager to take care of the day to day, handle select duties myself and draw a regular income from the profits.

Before you say real estate- its something I'm also looking into but my country's property market leads me to believe there is a higher yield to be had by investing in a business.

I was wondering if any of you could suggest a niche that would be a suitable match. Thanks in advance for your time.
 

Paul Weese

Life is about living
Read Millionaire Fastlane
I've Read UNSCRIPTED
Jan 19, 2014
49
63
119
Steamboat Springs, CO
Those are good questions. Niches I find consistently have customers are Health and Wellness (especially working with stress/depression/focus/diet), and commodities (especially providing products to oil and gas). Often I think the more boring a business idea is, the more ability it has to generate cash flow. Boring, like Meyers who provides safe home cleaning supplies by subscription.
 

Sponsored Offers

MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Cool - glad to have you. And yes it should help a lot. When you are in the new group just post...
  • Sticky
MARKETPLACE NEW: The Best School for Going Fastlane (Now open for summer enrollment)
Hey everyone, I have a big announcement to make about how we are going to be working with...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
Hi Fox. Starting the book and got through the introduction. Had a conversation with Andy Black...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Chris is super sharp and is aware of many facets of entrepreneurship and can help get your...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
Any chance to make it available outside of US? It has been available outside of the US on...

Forum Sponsor

Learn Fastlane Business Skills & Get Profitable Within 30 Days...

Get Started Now

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom