High Margin Business Ideas You Can Start Online

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4M ago 26:58

M4A•Jakson koti

Warren Buffett knows a thing or two about making money. His advice? "Focus on businesses with high-profit margins."

This fits with the Feel Good Business Model, which is about building a business that makes money (at a higher profit margin) and makes you happy in the process.

A profit margin= [(Revenue-Cost)/Revenue] x 100. Profit margins between 50-70% are typically considered “good”.

Let's check out some examples of some different business ventures you can start:

1. Product-Based Business

2. Agency Based Business

3. Coaching/Consulting Based Business

These are just a few types of businesses you can start.

It comes down to what business you would enjoy running the most :-)

Our new book, “The Feel Good Business Model,” teaches you how to start a business that gives you fun, time freedom, and flexibility.

If you’d like to learn more, join the waitlist here: https://www.thetimetogrow.com/FeelGoodBusiness

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