Best Business To Start NOW | Make $10K This Month
Summary
TLDRThis 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
🚀 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.
💼 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.
💰 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.
Mindmap
Keywords
💡Business Model
💡Remote House Cleaning
💡Contractors
💡Cash Flow
💡Scalability
💡Drop-Servicing
💡Startup Costs
💡Profit Margins
💡Google Local Service Ads
💡Hiring Funnel
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
[Music]
Weitere ähnliche Videos ansehen
The Blueprint to $10K/MO for Beginners (2024)
Affiliate Marketing Tutorial For Beginners 2024 (Step by Step)
The #1 Best Online Business to Start as a Beginner (2024 Side Hustle)
3 Pickup Truck Side Hustles You've Never Heard of Before
How To Start A $65K/MO Cleaning Business (WITHOUT CLEANING)
Best 5 Figure Weekend Business To Start as a Beginner
5.0 / 5 (0 votes)