Best Business To Start NOW | Make $10K This Month

Summary

This video offers a beginner-friendly guide to starting a remote house cleaning business, a scalable and profitable model that doesn't require personal cleaning. It explains the benefits of hiring contractors over employees, the low startup costs, and the potential for high earnings. The presenter shares tips on setting up the business, including software, insurance, and marketing strategies, and assures that with effort, making $10K a month in profit is achievable within 90 days.

Takeaways

• 🚀 The best business model recommended for beginners is a remote house cleaning business, which allows the owner to operate without doing the cleaning themselves.
• 🛠 Contractors are preferred over employees because they bring their own equipment and experience, reducing the business owner's overhead and training costs.
• 💸 Startup costs are relatively low, with an LLC filing being the most significant expense, which varies by state.
• 📈 The business model scales easily without significant reinvestment into the business, as contractors handle their own equipment and training.
• 💼 Contractors enjoy higher pay rates, typically earning $30-$40 per hour, which is significantly more than traditional house cleaning jobs.
• 🏆 This business model creates a win-win situation for customers, contractors, and business owners, with everyone benefiting from the arrangement.
• 🌐 The business can be run remotely from anywhere, as the contractors handle the on-site work, and the owner manages marketing and scheduling.
• 💼 The business model is simple and does not require the owner to perform any cleaning tasks, making it accessible to a wide range of individuals.
• 📊 Net profit margins are typically between 30-40%, with the potential to earn a significant income with a well-managed operation.
• 📈 With the right systems in place, it's possible to reach $6-7K per month in cash flow within the first 90 days of starting the business.

Q & A

What is the main topic of the video?

The main topic of the video is how to start a remote house cleaning business, which the speaker believes is the best business model to start in 2022 and beyond.

Why is a remote house cleaning business considered a good business model?

A remote house cleaning business is considered a good business model because it allows the owner to operate without having to do any cleaning themselves, using contractors instead of employees, which reduces overhead costs and allows for easier scaling.

What are the advantages of using contractors over employees in a house cleaning business?

Using contractors over employees means the business owner doesn't have to provide training, equipment, uniforms, or vehicles. Contractors are responsible for their own equipment and any losses or damages come out of their pocket, not the business owner's.

How much can a contractor expect to earn in a remote house cleaning business?

Contractors in a remote house cleaning business can make between $30 to $40 an hour, which is significantly more than traditional house cleaning jobs.

What are the startup costs involved in starting a remote house cleaning business?

Startup costs include filing an LLC, booking software, insurance, a phone system, and marketing. The costs can vary but can be as low as $300 to start.

How long does it typically take to start making money with a remote house cleaning business?

It can take up to three weeks to set up the business, including getting the software, advertising, and hiring contractors. After that, the business should be ready to start making money.

What is the potential monthly profit for a remote house cleaning business?

The potential monthly profit can range from $6,000 to $20,000 within the first 90 days of operation, depending on the effectiveness of the business operations.

What is the role of Google Local Service Ads in the business model?

Google Local Service Ads are used for marketing the business. They are considered a sustainable acquisition channel because they bring in customers who are already looking for house cleaning services.

Why is house cleaning considered a reliable business?

House cleaning is considered reliable because there is always a demand for cleaning services due to the constant need for clean spaces, whether it's residential, commercial, or after moving.

What are the three main components needed to make the business work?

The three main components needed are a high closing rate for booking jobs, a reliable hiring funnel for finding quality cleaners, and a sustainable acquisition channel for getting customers.

How much time does it take to operate this business if you have a nine-to-five job?

The business can be operated remotely and takes about five to fifteen hours a week, making it feasible to run alongside a full-time job.

Outlines

00:00

🚀 Starting a Business: The Remote House Cleaning Model

The speaker begins by addressing the audience's interest in starting a business, assuming they are beginners. They introduce the concept of a remote house cleaning business, which is a business model where the owner doesn't perform the cleaning themselves but hires contractors. The speaker shares their experience and explains why this model is advantageous, including the reduced need for equipment and training, and how it leads to healthier cash flow. They also discuss the benefits for the contractors, such as higher pay and less responsibility for administrative tasks, and the overall win-win situation for all parties involved.

05:01

💼 The Low Startup Costs and High Potential of Remote House Cleaning

The speaker delves into the practical aspects of starting a remote house cleaning business, emphasizing the low startup costs and the abundance of potential customers. They highlight the local nature of the competition and how most competitors are not utilizing modern tools, which gives an advantage to those starting with a more organized approach. The speaker outlines the initial costs, including LLC filing, software subscriptions, insurance, and phone systems. They also touch on variable costs like contractor pay and marketing, but note that with effective marketing strategies, these costs can be managed to ensure profitability.

10:02

💰 Scaling and Profitability in the Remote House Cleaning Business

The final paragraph focuses on the scalability and profitability of the remote house cleaning business. The speaker provides a timeline for when one can expect to start making money, suggesting that with the right systems in place, it's possible to achieve a significant cash flow within the first 90 days. They discuss the importance of having a high closing rate, a reliable hiring funnel for cleaners, and a sustainable customer acquisition strategy. The speaker concludes by emphasizing the simplicity and flexibility of the business model, which can be run remotely and requires minimal time commitment, making it an attractive option for those seeking a side business or a full-time venture.

Keywords

💡Business Model

A business model refers to the way a company creates, delivers, and captures value. In the video, the speaker advocates for the remote house cleaning business model, which involves hiring contractors rather than employees to perform cleaning services. This model is highlighted as being advantageous because it allows the business owner to scale without significant upfront costs and provides flexibility for the contractors.

💡Remote House Cleaning

Remote house cleaning is a business concept where the owner does not personally perform the cleaning tasks but instead manages a team of contractors who do the work. The video emphasizes that this model is ideal for starting a business because it requires minimal investment and allows the owner to operate from anywhere, as the 'boots on the ground' are the contractors performing the cleaning.

💡Contractors

Contractors are individuals who provide services to clients under a contractual agreement, rather than being employees. In the context of the video, the speaker explains that using contractors for a house cleaning business means the business owner does not have to cover costs such as equipment, training, or vehicles. This leads to a more manageable cash flow and the ability to scale the business more easily.

💡Cash Flow

Cash flow refers to the movement of money into and out of a business. The video discusses how traditional employee-based cleaning businesses can suffer from unhealthy cash flow due to the need to reinvest profits back into the business for growth. In contrast, a contractor-based model allows for better cash flow management as the business owner is not responsible for the same range of expenses.

💡Scalability

Scalability is the ability of a business to increase its potential for growth, especially by increasing production or arriving at additional customers. The video suggests that a remote house cleaning business is highly scalable because the owner can manage more cleaners and take on more jobs without having to be physically present or invest heavily in equipment or training.

💡Drop-Servicing

Drop-serving is a term used in the video to describe a business model where the owner does not perform the service themselves but instead coordinates and manages the service providers (contractors). This model is presented as an attractive option for starting a business because it requires minimal direct involvement in the service delivery, allowing the owner to focus on business growth and management.

💡Startup Costs

Startup costs are the initial expenses required to launch a new business. The video outlines the costs associated with starting a remote house cleaning business, such as filing an LLC, booking software, insurance, and a phone system. These costs are presented as relatively low, making the business model accessible to many aspiring entrepreneurs.

💡Profit Margins

Profit margins measure how much profit a company makes for every dollar of revenue. In the video, the speaker mentions that net profit margins for a remote house cleaning business can range from 30% to 40%, indicating that for every dollar of revenue, the business keeps between 30 to 40 cents as profit. This is presented as a significant incentive for starting such a business.

💡Google Local Service Ads

Google Local Service Ads is a program that connects local service professionals with customers. The video suggests that using Google Local Service Ads is a reliable way to acquire customers for a remote house cleaning business, as it targets individuals who are actively searching for house cleaning services and are therefore likely to convert into paying customers.

💡Hiring Funnel

A hiring funnel refers to the process of attracting, screening, and selecting job applicants. In the context of the video, the speaker discusses the importance of having a reliable hiring funnel for finding trustworthy and skilled cleaners. This is crucial for the success of the business, as it ensures a steady supply of quality contractors to perform the cleaning services.

Highlights

The best business model recommended for beginners is a remote house cleaning business.

Remote house cleaning allows you to operate without doing the cleaning yourself; you hire contractors.

Contractors are preferable to employees as they bring their own equipment and experience.

Using contractors can help avoid unhealthy cash flow issues associated with traditional employee models.

The business model is scalable without significant reinvestment from profits.

Contractors can be managed remotely, allowing business operations from anywhere.

Paying contractors a percentage of the job ensures high-quality work and customer satisfaction.

The house cleaning industry is evergreen, with a constant demand for services.

Startup costs for this business model can be as low as $300.

The business can be started with minimal investment and no need for extensive equipment.

Using platforms like Indeed, Facebook groups, and Care.com can help find reliable contractors.

The business can generate a net profit margin of 30-40%.

It's possible to achieve $6-7K per month in cash flow within the first 90 days.

The business model is suitable for those with a 9-to-5 job and can be managed in 5-15 hours per week.

The business can be operated remotely, even from the comfort of one's home.

The video provides a high-level overview and links to more tactical tips for starting and scaling the business.

Transcripts

if you're watching this you probably

clicked on this video because you want

to learn how to start a business and I'm

going to make the assumption that you've

probably never started a business before

and trust me I get it I've been doing

this for five years business can get

pretty intimidating and pretty difficult

but our entire goal here on this channel

is to make it as simple as possible for

you so in this video I'm going to

explain to you what I believe to be the

best business model and the best

business to start in not only 2022 but

really any time because it's not going

to go anywhere is it the same business

model that allowed my 64 year old mom to

stop driving Uber full-time and actually

be a full-time work from home business

owner and now you might be wondering

what that business is well it's a remote

house cleaning business what I'm going

to cover in this video is what exactly

is remote house cleaning or otherwise

known as drop servicing why I believe it

to be the best business model to start

in 2022 what the startup costs are how

long it's going to take you to make

money or how long it's gonna take you

before you make money and then also how

much money can you actually make in this

business so let's get into it so what is

remote house cleaning I bet you might be

wondering because not many people talk

about it on the internet what it is it's

basically a house cleaning company

except guess what you don't have to do

any of the cleaning yourself you get

other people to do it for you and

they're not going to be employees

they're going to be contractors you

might be wondering why I use contractors

instead of employees don't you have less

control not necessarily so traditionally

when people built and scaled these big

house cleaning businesses that you see

these big franchises they rely on using

employees when you use employees you

have to spend time training them you

have to purchase the equipment for them

the uniforms the vehicles the gas they

use in those Vehicles what happens when

somebody loses a piece of equipment or

something whose Pockets that gonna come

out of it's going to come out of the

business owners right this is all stuff

that would come out of traditionally a

cleaning business owner's pocket and

what does this do to the business it

creates unhealthy cash flow because you

make your profits oh guess what your

cleaner loses a piece of equipment or

you need another vehicle so you can add

on more cleaners guess where that money

is coming from back out of your profits

right so you're taking the profits out

of the business to fund the growth this

is what you don't want to do I'm

speaking from experience here because

this was three years of building orange

window cleaning this is what we did this

is how we got to to three trucks right

and so we've got to that level barely

scraping by barely making money because

everything was going back to fund the

growth of the business this is why I

prefer the remote house cleaning model

so I'm going to emphasize the remote

aspect here now because guess what you

don't have to do any of the labor

because we're using contractors instead

of employees you don't have to worry

about any of the stuff I talked about

buying equipment contractors have it

Vehicles contractors have them training

guess what your contractors have paid

experience right and guess what they

lose something they break something

whatever it comes out of their pocket

not yours so you can easily scale the

business you can get to 10K 20K 30k

without having to take out of the

profits much to fund the growth you're

really going to be reinvesting back into

advertising maybe but your advertising

will put you jobs that's another video

and by using these contractors you're

able to run these businesses completely

remotely from anywhere in the world

because your cleaners are going to be

the boots on the ground actually doing

the work all you have to do is sit back

turn some dials on the marketing if

you're answering phone calls answer some

phone calls that can be done anywhere

and then manage the schedule and you

might be thinking oh well if I'm using

contractors have less control and things

like that not necessarily true because

you're using other business owners and

they've already got all their own

equipment and experience needed you

don't have to spend time training them

and you can pay them a lot more because

you're going to be paying them 50 of the

job so if I book a house cleaning job

for 300 I'm gonna pay the contractor

150. our contractors at Marion I'm up

are remote house cleaning business make

between 30 to 40 dollars an hour so

before you go into the comments and

start saying no you're exploiting people

or this and that because we get a lot of

those comments it's absolutely

ridiculous there's no house cleaning

jobs out there aside from people who are

starting remote house cleaning

businesses that are paying 30 to 40 an

hour for cleaning a house it's just

unheard of so this creates a win-win

situation for your customer and you your

cleaners are happy because they're

getting paid well and guess what you pay

people more they're going to do a better

job for your customers so you can

actually have more trust in your

cleaners to do a solid job on top of

that because you're paying them so well

they're not going to want to bite the

hand that feeds them and you're gonna

create less churn from your team meaning

if you keep if you get a cleaner that's

good you're likely to keep them is very

very high because you're paying them so

well and so the whole value out of the

remote house cleaning business as

opposed to the W-2 and traditional

employee model is for the contractor

specifically is they don't have to worry

about faulty Word of Mouth anymore

they're getting paid the same if not

more than they were doing their own jobs

for their own clients and they don't

have to worry about customer

communication booking the jobs managing

the schedule doing any of that stuff

they just have to show up and do the

work so it creates a win-win-win

customers are happy contracts are happy

and you're happy because you're making

profits from anywhere in the world now

you might be wondering what makes it the

best so aside from the points I just

said which can honestly be used for this

segment as well but it's a great

business because there's it's low

startup cost you don't have to take out

of the business to fund the growth

there's an abundance of cleaners but the

most important and biggest thing is

house cleaning is like a cup of coffee

right a cup of coffee has been around

for centuries been around since almost a

dawn of Time same thing with cleaning

things have always gotten dirty and

guess what got people moving out of

States you got people moving into States

you've got apartment buildings

commercial building you've got people

who get unhappy with their current

cleaners so there's no shortage of

customers right and you're competing

locally meaning your competition sucks

right they're running their business on

pen and paper fax machines or they don't

even have like a basic software CRM to

manage their customers right so these

are the people you're competing against

all that package together is the reason

that I think and I believe that this is

the best business to start and you can

get started with like 300 bucks

nice

what I'm not going to do is I'm not

going to sit here and act like it's

super easy right business in general is

difficult but I would consider how this

remote house cleaning model a level one

business meaning anyone can start it

anyone can make it work we've got people

in home service Academy who are 18 years

old to 65 plus crushing it but it takes

effort so if you're willing to put in

the work put your head down and take the

necessary steps to get this started and

actually put in the effort you will have

no problem making 10K a month in profit

within 90 days and if you made it this

far and haven't subscribed yet hit the

Subscribe button the notification Bell

we talk all about how to start and scale

businesses specifically these remote

house cleaning businesses so if you want

to learn more about the model hit

subscribe but let's get back into it so

you hear me saying things like yeah you

can get started with 300 bucks you might

be wondering what the startup costs are

so to get started in this business you

will need an LLC filed in whichever

State you're in I'm in California the

most expensive where it's 800 but

there's other states where it's like 50

100 way cheaper right and this is

typically a yearly fee so you're gonna

need the LLC once LLC is all done I'm

gonna get into your fixed costs so this

is things that are going to be recurring

costs for your business monthly you're

going to have booking koala this is the

main booking software and scheduling

software we use and to manage all of our

customers data their addresses names

numbers emails things like that booking

calls 57 a month you're then going to

get insurance for your house cleaning

business under an employment agency

which is going to be anywhere between 30

to 60 bucks depending on which insurance

provider you go to we use next then

you're going to have your phone system

we use open phone open phones about 30

bucks a month this is going to allow you

to not use your personal number you

don't want to be posting your personal

number all over the Internet and on the

Google my business and things like that

because you don't want a bunch of random

people calling you and open phone will

give you a personalized number for your

business and it'll record all the calls

so if you ever hire someone to answer

calls for you you can go back and review

the calls and provide feedback and kind

of see what's going wrong there if

they're not booking jobs properly and

then you can do a website which I'm not

even going to include in fixed costs

because booking Quail offers a free

website builder just through the

software so you can always use that if

you're on a tight budget if not I highly

recommend and blue collar builds Alex is

a good friend of mine he built Mary

namop's website if you want to go check

out his work go to marionamob.com and

you can see his work there and then you

have variable costs which is

subcontractor pay and marketing however

if you sign up for Google local service

ads you will Almost Never 99 of the time

never lose money on Google LSA ads

because they're sending people that are

ready to buy right they're people

already searching house cleaning if

they're searching house cleaning and

clicking to call you they probably

really need their house clean so I don't

even include it really as a cost because

it'll always return you profit and then

you only pay out the contractors when

they actually complete jobs for you so

there's that once that's all set up and

done you might be wondering now how long

before you actually start making money

this process can take as long or really

as quickly as you'd like it because this

is when you're going to get your

software set up with booking koala this

takes some time because booking call is

very powerful and has a lot of cool

features so you want to get that set up

and then after that's all said and done

you want to get all your you know

advertising and stuff signing up for

Google my business things like that we

did a whole video on how to start one of

these businesses so go check that out I

will link it down below but the main

obstacle you're gonna have to get

through which really isn't that hard

because you're paying people well is

hiring you can do hiring through

multitude of ways we have another video

on hiring down below but basically

you've got indeed if you want to throw

like 100 bucks on indeed you can do that

you can use local Facebook and next door

groups and find the local cleaners that

only operate on Word of Mouth that's

another great method care.com is a big

one cool thing about care.com is the

cleaners come background checked so you

can use care.com and have no problem

getting cleaners through there those are

just three ways we talk about a bunch

more on the channel so check out the

rest of the videos but hiring on average

from what I've seen from 400 plus

students inside homeservice Academy

takes around two weeks so once that's

all said and done you should be up and

ready to make money by the beginning to

end of week three of launching the

business which leads me to last but not

least how much money can you make so

these businesses really have three main

components to make it work you've got

your closing rate are you or your

virtual assistant or your staff member

who's answering the phone calls booking

jobs between 50 to 60 percent of the

time if so then you can check that off

that's one bottleneck done is your

hiring funnel locked down and do you

have solid cleaners that you can trust

and have a repeatable process of finding

more cleaners like that if that's a yes

in check then last but not least is do

you have a sustainable acquisition

channel to acquire customers if the

answer is yes then boom now it becomes a

Game net profit margins in this business

can be anywhere between 30 to 40 percent

net okay as you put in a VA as you get

more staff in it might lower a little

bit but on average that's what I see and

really once you have those three things

dialed in now it's just turning dials

maybe you need to open up another

marketing channel maybe you need to get

someone on the weekends to answer your

calls right but basically now it's just

okay I'm putting in x amount of money

and returning this amount let me turn up

the marketing hire more cleaners because

once all the systems are dialed in and

you know if you drive more leads to your

phones you'll close them and then you

know you have a sustainable hiring

funnel you can send Quality Cleaners to

do the jobs and have no problems doing

it so off the bat at in the first 90

days you should have no problem getting

six to seven k a month in cash flow you

should have no problems getting to 20K a

month by the end of day 90. if you run

the Playbook that we talk about on this

channel and you nail those three things

I talked about I know I give you guys a

ton of information in this video I hope

you take action I hope you go implement

it because you're really just a few

weeks away from making life-changing

cash flow and this is why this is our

favorite business it's very simple it's

completely remote you can do it from

anywhere in the world even if you have a

nine to five it takes five to fifteen

hours a week it's not a problem you're

not gonna have to go clean toilets mop

floors do anything like that so if you

wanted to run this business in your

pajamas all day you absolutely could do

that and really make as much money as

you wanted to with all that being said

thank you so much for watching the video

and again if you haven't subscribed hit

the Subscribe down below the

notification Bell and go check out the

rest of our videos on how we start and

scale these businesses we give a lot

more tactical tips in these videos this

was more of a high level overview so

again more tactical tips down below go

check the rest out thank you so much for

watching we'll see see in the next one

peace

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