Gas stations not only fail (all the time) but they are incredibly expensive to run (with all the restrictions, etc). My family owned a garage with gas for MANY MANY years (passed down from father to son {my step dad} and there came a point where they had to let the ‘gas’ part of it go so they could run their garage instead of pouring money into the gas station part. The garage did well WITHOUT the gas station but don’t believe the lies that gas stations do well and never fail.
Retirement homes may be high-margin, but they're also high-liability. Finding reliable help is very difficult, investment is high, regulation can be an issue, and -- frankly -- most retirement homes are horrible.
Another awesome video from the beautiful Gillian and it's inspirational and informative as always. Great business ideas even though some are out of reach for some to start ( the gas/petrol station and the nursing home). Love 🥰 the video and love 💞 Gillian.
As for whether or not Subscription and Membership Services work that is dependent on a lot of factors beyond your control that may affect the overall performance of your business and potential revenue. You may find yourself shelling out tons of content that fails to generate a high level ROI, especially if you sold the guaranteed, no questions asked refund vs the project benefits that exceed the customer’s needs or expectations. 😮
Digital Products are probably the easiest business model to implement on this list because all of the other ventures come with a high investment or operations cost, staffing and management requirements, excellent business management skills, a high investment marketing, along with a high level failure rate due to the lack of consistent customer service, staffing problems resulting in high turnover, poor performance, resulting in low profitability due to high cost expenses, 😮 product chain supply issues, theft, fraud or 😢, profit fluctuations. 😮
![Businesses that Always Fail? 7 Businesses with Shockingly High Failure Rates [Backed by Data]](http://i.ytimg.com/vi/WTDYuRVZDbo/mqdefault.jpg)
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Gas stations not only fail (all the time) but they are incredibly expensive to run (with all the restrictions, etc). My family owned a garage with gas for MANY MANY years (passed down from father to son {my step dad} and there came a point where they had to let the ‘gas’ part of it go so they could run their garage instead of pouring money into the gas station part. The garage did well WITHOUT the gas station but don’t believe the lies that gas stations do well and never fail.
So many great ideas here. Thank you so much 😊😊
Great video! It was a pleasant surprise to see you out in the wild-and an even bigger surprise to see you in the same town as myself!
Like #6 👍🏻, The most difficult thing is to have the capital💵💵💵💵for start the business.
Best regards from Panama 🇵🇦
These ideas are amazing
Thank you for this video 😀🙏
Glad you enjoyed it :)
Well done!!!
Retirement homes may be high-margin, but they're also high-liability. Finding reliable help is very difficult, investment is high, regulation can be an issue, and -- frankly -- most retirement homes are horrible.
Another brilliant info
Great video , will need to buy a gas station to pay for the nursing home care i will need in a few years 😀
Another awesome video from the beautiful Gillian and it's inspirational and informative as always. Great business ideas even though some are out of reach for some to start ( the gas/petrol station and the nursing home). Love 🥰 the video and love 💞 Gillian.
Gas stations are a great example. People need to stop at the gas station in order to fill up and buy some snacks 😊😊
As for whether or not Subscription and Membership Services work that is dependent on a lot of factors beyond your control that may affect the overall performance of your business and potential revenue. You may find yourself shelling out tons of content that fails to generate a high level ROI, especially if you sold the guaranteed, no questions asked refund vs the project benefits that exceed the customer’s needs or expectations. 😮
Hello.....,,,,mom your so very nice about the business work...hoping your busines never fail,,,,
_Good Explanation Sister!_ ❤😊
Digital Products are probably the easiest business model to implement on this list because all of the other ventures come with a high investment or operations cost, staffing and management requirements, excellent business management skills, a high investment marketing, along with a high level failure rate due to the lack of consistent customer service, staffing problems resulting in high turnover, poor performance, resulting in low profitability due to high cost expenses, 😮
product chain supply issues, theft, fraud or 😢, profit fluctuations. 😮
I have lots of food and jute products. But I want to export in Europe how its possible?
ThAnk yOu sO muCh deAr ❤❤❤
I'm the miserable failure 😢😢😢 Gillian ⚘❤
Thanksn
Haha carwash... dry cleaner! 😅
Digital product 😢
Foreigners own all of them where I am. Gas stations
You are so sweet.m yours subscriber from pakistan
From vindooly