By choice or because they can’t land a good job, many people contemplate starting a business. But they’re daunted by the risk.
If that sounds like you, you might want to consider these simple businesses. They:
If you’re seeking status, you’ve come to the wrong place. High-status businesses tend to be highly competitive and thus engender significant risk. Many people, including those with designer-label degrees, find contentment using their brain to create an excellent simple business, despite its lack of status. Indeed, status can be the enemy of contentment.
11 Businesses with a Good Risk/Reward Profile
These are businesses I believe have a good risk/reward ratio.
Are you worried you won’t make enough money from your cart? Just run it for a month or two until it’s optimized. If it’s on track to generate even $20,000 a year when staffed by someone else, hire a trusted friend to do that and you clone your cart in another excellent location.