Hard work will get you to high places, but did you know that working smartly can too? You don’t have to put in a lot of effort to make money, given that you’ve already got a few assets, of course. The wealthy know-how to make their assets pay for them, while the poor keep trying to settle accounts with their rising liabilities.
Here are some ideas you might find helpful if you’re someone with assets.
Rental equipment
Got any stray electronics lying about? Maybe a camera or a large speaker set. Or perhaps you’ve got camping gear from back when your family used to take you out on holidays. Whatever you’ve got, ask yourself if other people would need it.
People don’t buy new equipment for a week or a month of activity. Loads of people like to go mountaineering, but seeing how they are unlikely to go twice, they choose to pay for rental equipment instead of buying. In more minor cases, some people require professional photography equipment for only a day of filming.
You can use times like these as opportunities to make what’s sitting around in your home pay rent. First, polish up your assets and then find people who need them.
Laundromats/Car Washes
If you’ve got some land or know someone you can rent it from, you can start a Laundromat or a car wash. Both these facilities are pretty much run by the customers alone. They don’t need daily management from the owner.
Customers come in, pay, and use the services as they will—the most you need to do as the owner keeps the area and machinery clean.
Storage Units
For some reason, everyone’s a hoarder. In many houses, people keep couches and broken china they received fifty years ago from their uncles and slept on beds their grandparents had made back in the 20s. A century of hoarding makes for a lot of stuff. Usually, unimportant things clutter the house all the sake of misplaced sentiment.
The only upside to such hoarding is that we can make it into a business. If you own land or housing, you can rent out the space for storage to families around the neighborhood who’ve already decked up their attics and basements.
It’s like being a landlord without the hassle of having to keep up maintenance every week. Although, to be fair, you must ensure that you have the exterminators and cleaners over once a month to keep away the rats, cockroaches, and mildew.
Trash pickup
Every city’s got trash—parking lots, shopping centers, malls, food courts, everything’s full of it. And trash collecting is easy. It doesn’t require high school certification or a master’s in anything.
Hire a team of trash collectors and offer your service to any building that needs it. Contact their authorities and set your price. It won’t be hard to find people willing to do the job either; after all, many homeless people looking to make enough money for dinner are likely to show up.
It’s a foolproof business idea. Just be fair to your workers and give them a proper wage for their hard work.
