📈 Service Businesses Are Minting Millionaires

Boring businesses are the hot industry.

TRIBE is a premier peer community connecting top entrepreneurs. Facilitated peer groups of 5, retreats, guest speakers, book club, forums...

Apply to TRIBE to become a part of it today!

AI? Tech? Software? HVAC?

One of these is not like the others.

Ordinary businesses were the hot topic in 2024 - drywall, painting, plumbing, cleaning, power washing, etc.

These “sweaty” businesses are turning ordinary folks into millionaires.

Let’s talk about why these businesses will continue to dominate in 2025:

1. Low Startup Costs, High Return Potential

You don’t need to drain your life savings to get started.

These businesses thrive because they solve problems everyone has but few want to deal with themselves.

2. Competition Is a Green Light

Unlike what you might think, competition in a space isn’t a reason to shy away. It’s proof there’s demand for the service.

Competition is not only the basis of protection for the consumer,
but it is also the incentive to progress.

—Herbert Hoover

The key is finding your edge - whether it’s better customer service, smarter marketing, or faster turnaround times​.

3. Proven Business Models = Less Risk

Why reinvent the wheel when proven business models already exist?

Whether it’s a cleaning company or a moving service, these businesses have predictable revenue streams and well-established paths to success.

They’re reliable, scalable, and often recession-proof because people always need them.

4. Speed and Scalability

Service businesses can be scaled quickly if there’s product-market fit. Instead of burning time convincing people they need your product, you’re capitalizing on what they already know they want​.

Service businesses might not sound glamorous, but they’re the backbone of the economy. The opportunity is there for those willing to get their hands dirty.

Whenever you’re ready, there are 4 ways I can help you:

  1. FounderBrands: Drive leads to your business from Twitter / X. Grow your online brand in only one hour per month.

  2. Hire me as a consultant to take your business to the next level.

  3. Offshore Hiring Guide: Learn how to hire inexpensive ($6 / hour) offshore talent in 3 weeks or less.

  4. Promote your business to 1,800+ subscribers by sponsoring my newsletter.

Cheers,

Collin Rutherford

If this newsletter edition was a startup, how would you rate it?

Login or Subscribe to participate in polls.