Low cost business opportunities of 2021

[Dien Rice]

Originally Posted by GordonJ

Heading this off at the pass, so save your email.

Yes, there are businesses with just ONE customer, I have one right down the street from me. He's been in business a couple of decades, has a couple of dozen employees and only ONE CUSTOMER.

His customer? Uncle Sam (US Gov't) DOD contractor (Department of Defense) and he makes and assembles electronic devices for them.

Another guy in town, who sold his ONE customer business and bought a golf course made window wipers for cars, his customer GM, so YES they are out there.

Gordon

Hi Gordon,

I had a late uncle who was also a physicist (who lived in Ann Arbor, Michigan)...

He started a business with a partner, with just one customer too...

They built and were the experts on a very sensitive accelerometer (a device which measures acceleration with extreme accuracy). They only built two of these devices, which were on two of the space shuttles.

I think one of their accelerometers was destroyed in the Space Shuttle Challenger disaster. I think the other one flew on Space Shuttle Columbia...

Their devices were part of the Orbital Acceleration Research Experiment (OARE)... You can Google it...

Their one customer was NASA...

So - you're right, it does exist! But... I think it's relatively rare, and especially rare outside of government and military contractors...

Best wishes,

Dien

P.S. Here's a report which was written by my uncle...

https://ntrs.nasa.gov/citations/19970009948

[GordonJ]

Challenger happened on my birthday, etched in my mind.

I actually know a few one customer guys. One makes custom jars, colored brown I think, and sells to only one customer, who orders thousands a year.

A plastics extrusion company only sells to one wholesaler, some sort of a game board, like you see in basketball and football games, dry erase markers used...has 4 employees and a 20 year in business record.

My uncle, the dumb old dirt farmer, wholesaled his plant patents to one guy, for 30k x5 number of licenses and the wholesaler doubled that. This time of the year, millions are spent on hanging plants etc.

My ex girlfriend, only had one customer, ME, but she priced me out of the game...HA! Found much cheaper ******* with a lot less hassle.

Thanks for sharing that story, you come from some smart folks, glad to have hitched my wagon.

Gordon

Originally Posted by Dien Rice

Hi Gordon,

I had a late uncle who was also a physicist (who lived in Ann Arbor, Michigan)...

He started a business with a partner, with just one customer too...

They built and were the experts on a very sensitive accelerometer (a device which measures acceleration with extreme accuracy). They only built two of these devices, which were on two of the space shuttles.

I think one of their accelerometers was destroyed in the Space Shuttle Challenger disaster. I think the other one flew on Space Shuttle Columbia...

Their devices were part of the Orbital Acceleration Research Experiment (OARE)... You can Google it...

Their one customer was NASA...

So - you're right, it does exist! But... I think it's relatively rare, and especially rare outside of government and military contractors...

Best wishes,

Dien

P.S. Here's a report which was written by my uncle...

https://ntrs.nasa.gov/citations/19970009948

[CharlieBronx]

Well this seems like an long list but I'll just mention my favorite... Real Estate Agent or Broker

[GordonJ]

Originally Posted by CharlieBronx

Well this seems like an long list but I'll just mention my favorite... Real Estate Agent or Broker

TIME. That is what the high cost of becoming a successful agent and broker is.

Sure, it may have low cost of entry, but very, VERY few agents can make a substantial sum of money quickly, say in their first month. I don't know of any that have earned 10 thousand in their first 30 days (after getting licensed, which is a whole nuther ball of wax time)...

Whereas we have had members here (Bud Riggs for one), who made ten grand the first day he sold his information product, after about 21 days of writing it.

As a former GRI Agent myself, and having spent a couple years of taking every real estate course and working with a successful broker...I came away from the RE game because the costs of TIME just wasn't worth it.

For some, you obviously, have a taste or love of that game but as far as making some fast cash without a license or study, there are just so many better ways out there.

Gordon