7 Small Town Businesses That Never Fail

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

07. Home repair & renovation 06. Public Storage 05. Laundromat 04. Vending machines 03. Residential & commercial rentals 02. Trucking 01. Agriculture Small business tip from Warren Buffet: Ahhh...you should watch to see! You are worth it!

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

I've been in trucking for 10 years now and I am a owner operator past 7 years. For trucking you must gain experience 1st before owning your own equipment. Trucking market is always very competitive and has a lot of Expenses that are not mentioned in this video. A lot of Expenses.

7 Small Town Businesses That ALWAYS Fail: https://youtu.be/CIEr7_x4FI8 - 7 Small Businesses That Every Town NEEDS: https://youtu.be/ctO5ttCcaAo

THANKS. Just what I needed to watch. My husband and I are administrators of our farming business and our own properties, as well as small pensions. I am almost 52, my husband is 55. We have started saving for retirement from the farm and maybe live off rental income, I would really appreciate it if you would do a video on how to earn passive income online and retire comfortably let's say 1 million bucks.

Find out what people don't like to do, than learn how to do it. Works every time.

Don’t forget coffee and snow cone stands. Done both and it’s all branding, curb appeal, and location location location.

There is no shame in failing. It's a best thing can happen to new small entrepreneurs, it provides time to think where and what went wrong.

Thanks for the video, Bro! You are spot-on, and anyone who doubts has only to look round-about...SMILE!!!

I know someone who has been running a laundromat and making good money. Modern laundromats can have a system where the customer pays by credit card and saves a percentage. This relieves the owner from having to deal with thousands of quarters every month. It also creates customer loyalty. Stuff like that.

❤ great ideas! Thank you for sharing. I really like the laundromat idea. Such a useful business.❤

Nice video for small town loving. Thanks for this! Invest in yourself. Learn as much as you can and take action.

thanks for the info.

Trucking pays less or slows down a lot when people buy less. My dad is a trucker. Rentals slow down when people can't afford to pay high rent prices and they begin to move in with family or live in vans, cars, buses or RV's 😕. Home remodeling and repairs slow down also when people cannot afford to pay for those services during a recession.

Your point about the economy shrinking 3.5% in 2020 and home renovation growing 3% in the same year IS REALLY disingenuous! That was the covid pandemic. The economy shrunk because the government forced everything to shut down. Home renovation grew because there was nothing else people could do, and the government was handing out free money. This was a once in a lifetime situation, NOT something you can extrapolate into a trend!

As a rental property owner I would never take out a mortgage to buy a rental property. My rentals are paid off. When your renter moves suddenly you lose your income on the property. If you have a mortgage you are now paying for multiple houses and that doesn’t include repairs on the home after your renters have left. If a person isn’t financially stable this one incident could easily have serious consequences for the landlord.

I extremely like the video, man. Very helpful and informative. Thank you very much. It is presented so well too. Great, positive work.

Yeah I did want to do the storage facility but some people were saying they were breaking even or even losing money...

Add a basic needs apparel shop (casual tops, bottoms, denim etc), a resale/thrift shop, a coffee shop and a pizza joint. Pizza and coffee never fail if you keep it basic and not too fusion or funky in small rural towns, just keep it friendly. ALL are needed in even the smallest rural towns and will never fail. I'm a transplant to bumf**k Cherryfield, ME from NYC, Cape Cod and Boston. I'm living this exact scenario, seeing what works in a small town and who is making loot. Construction, coffee, takeout, laundromat, land deals, convenience, thrift, dump runs and cleanouts, storage. There are no high-traffic large buildings, schools or shared spaces for vending. Everyone has their own pickup and snowplow, no one needs landscaping because its the country, everyone grows and cans, fresh eggs do very well on road-side stands... people are very independent and not fancy and don't want to be fancy. Keep it honest, basic and clean... whatever it is. Basic needs.