If I had a $100,000 I would go into home delivery for gas as it is very high in demand in my environment and people go through stress just to have it available.
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Definitely, also one would know a lot of people too in ones locality who could become potential customers too in the future so the advantages are quite numerousNo one knows the area more than the people who came up there. With that added knowledge you know specific hotspot and the likes as well as how to best help the people.
This reminds me of the seller of liquefied petroleum gas (LPG) here. He said that he is the only one who is making delivery in our village. That means it is like a monopoly for him. The only issue with the delivery of the LPG is the heavy tank that you have to carry aside from the risk of explosion.If I had a $100,000 I would go into home delivery for gas as it is very high in demand in my environment and people go through stress just to have it available.
With such a huge amount, I would go into real estate investment and delve into agriculture too.Local investment is the investment you make within your locality, like your community, city, state or country.
In my community, we have a famous rich man who owns all the bike riders and taxi cars in the community, I see that has a good investment and if I could guessbthe amount he will be making each day, I could say he is making millions cos he has them all in flits.
On the other hand, I have a lady who owns all the shops and stores in my community and she also makes a lot of money each day.
If I had the chance and money to start up a local investment, it will be to buy a large hectares of land in a developing community and leave it there for it to grow.
Without further or do, which type of local investment will you go into if you have $100,000 and will it earn you a passive income.
- Earn money online
- Homes
I agree with you. Every business is set up to solve people's problems. So you need to check their needs rather than starting a business just because it is trending online.One of the thing you have to ubnderstand about local business is that you will really need to know the needs of the locals,rather than just setting up something that is in vough and trending.
Its possible to see a business trending online and people are making money from the business , but if you want to start , you also need a target location where people desperately need the product you want to be selling .I agree with you. Every business is set up to solve people's problems. So you need to check their needs rather than starting a business just because it is trending online.