There are many small businesses in life, which seem insignificant, but contain huge business opportunities and profits. Some small businesses can even make people earn hundreds of thousands of dollars in a year.
The snack business in a college town is a prime example. These food stalls, which are usually located in or around university campuses, are small but have a thriving business. College students have a strong spending power and a great demand for food. A well-done snack stall may have a net profit of up to 200,000 a year, which is even more than the annual income of some white-collar and gray-collar workers. Take the university I used to attend, for example, there is a snack bar next to the school that sells rice noodles, and the business is very good. Their rice noodles have a unique taste and are loved by students. The shop is only open in the morning, but it still has a lot of customers. Through years of hard work, the owner not only bought the shop, but also bought a house and a car for his son.
The garbage collection business may be unremarkable, but the profits in it should not be underestimated. It's not just a simple waste product**, it's a reuse of resources. It's an industry that doesn't look glamorous, but it has a lot of potential. For example, some scrap cable equipment may be treated as scrap metal**, but if there is a channel to sell it to factories in demand, it can make a high profit. I have a friend who had this experience. He learned that one factory had a batch of old equipment to be used, and because of his knowledge of the industry, he knew that these equipment were still in demand in other factories. So, he bought this batch of equipment with scrap iron **, and then sold it to factories in need, making 1 million at once.
The same is true for fruit and vegetable sellers. They buy fruits and vegetables from the production area or wholesale market and sell them to retailers or consumers at a markup. This process seems simple, but it requires a stable ** chain and sales channels. Moreover, fruits and vegetables are necessities in people's daily life, and the market demand has always been large. I have a friend who has been working in fruits and vegetables since graduating from university. He buys fresh fruits and vegetables from the countryside and gives them to supermarkets and fruit stores in the city. Through years of hard work, he has built a stable customer base, and the business has grown bigger and bigger.
The success of these small businesses is not accidental. They often stand out in the market with their unique positioning or high-quality products and services. For example, food stalls attract customers with delicious food, while fruit and vegetable sellers rely on fresh products to win the market. Of course, it takes effort and wisdom to succeed in these small businesses. At the same time, there are challenges such as competition and market volatility.
Overall, there is a lot of potential in a small business. As long as we have a keen market insight, are good at identifying business opportunities, and work hard, it is possible to create considerable profits in these seemingly inconspicuous businesses. What do you think of these small businesses? Or do you have a similar experience or idea? Feel free to share it with me.
Your attention and ** is the greatest support for me.