Group Homes Is The Best SHTF Business: No Money No Problem
A Group Homes Business Makes You Prosperous! #grouphomes #ruralmoney #rural #money #ruralareas
Group homes is the best SHTF business even if you think you don’t have enough money because the first Apple computer was created in a garage.
Disclaimer: I am an Amazon Associate and Influencer; therefore, this post may contain affiliate links for me to earn a commission. RuralMoney.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Shop with me for less >>>here.
Table of Contents
- A Group Homes Business Makes You Prosperous! #grouphomes #ruralmoney #rural #money #ruralareas
Steve Jobs became a millionaire at 23.
Apple’s net worth is around $750 billion, which makes it the world’s most valuable brand.
Michael Dell loaned $1000 from his family and built the company from his off-campus dorm.
Michael has an estimated net worth of $20.8 billion.
Forever 21 founders Jin Sook & Do Won Chang emigrated from South Korea to Los Angeles.
They were penniless, hardly speaking English and without a college degree.
Don had to work 3 jobs to make ends meet.
For three years he worked as a janitor, pumped gas, and served coffee.
Their business is worth more than 6.1 billion.
These people have one of the biggest corporations in the world, but all started as a small business with not enough money.
The number one thing you can do with almost no money is to start a small business.
Andy Rothschild started with one group home and now have more than 100 under his name now.
Don’t be afraid to start small at the beginning.
What matters is how big is your idea, not how small is your first business.
So, you want to start with one group home, but you don’t know where to take it from there?
Here is how to start a group home business with “not enough money”:
1. Keep Your Present Job
Group Homes generate monthly passive income and shortly you will be able to quit.
Anyway, you need a steady income in order to be able to do that.
2. Work and Develop Your Business Idea
You’ll spend hours doing this.
With more than 10 years in the group home business, Andy knows exactly how your business plan should look.
Remember, your idea has to be unique and add value to other people.
3. Analyze the Market (Possibilities, Challenges, Obstacles)
See who else has a group home in your area.
If you find out that there are 3 sober homes nearby, you might want to start with one for senior assisted living.
Analyze your market and people’s needs.
4. Determine How Much You Need to Get Started
Whether you are asking for a loan at your bank or looking for investors, you need to know exactly how much you need to get started.
The good thing about group homes is that you don’t need a lot to get started.
In fact, you can start with less than $2000.
5. Connect with People
When you don’t have the money, it is essential to work on building relationships with people.
However, be prepared to get rejected along the way.
You might need to dial 30 numbers before you hear “Yes.”
Moreover, you have to be persistent in order to get what you want.
Are you tired of searching for information about how to start a group homes business with no money?