🎧This is Online with Amr The Internet Guy! The show focuses on entrepreneurs and business owners, helping them become more successful in conducting their business online without being stuck with technology, getting a headache, pulling their hair out, or buying expensive software.
In this episode of Online with Amr the Internet Guy, I speak with @azgarilipshy, from Austin, Texas about how high net worth individuals can create profitable service-based businesses either as absentee owners or as portfolio investments.
We tap into "The Boring Business" Gold Mine and how Service Businesses can Create Wealth.
Azgari reveals why "boring" service businesses represent 55% of the US economy and provide stable monthly cash flow unlike volatile stocks. Learn about accessing SBA loans inup to $5 million, avoiding costly franchise traps, and how her team helps busy professionals build and operate successful businesses without requiring 40-60 hours weekly.
Whether you're looking to diversify your investment portfolio or planning for retirement, this episode offers valuable insights into the world of service business ownership.
Chapters:
00:00:00 - Introduction to the podcast and its focus on entrepreneurs and business owners
00:00:17 - Update on the podcast schedule and new mini-series "Web Tips for Entrepreneurs"
00:02:51 - Introduction of special guest Azgari from Texas
00:04:07 - professionals earning six figures looking for investment diversification
00:06:20 - The value of "boring businesses" and their stable cash flow potential
00:09:30 - How Azgari's team operates businesses for absentee owners
00:15:00 - Critique of traditional franchise models and their limitations
00:24:33 - The importance of referrals in service-based businesses
00:33:31 - Discussion about SEO and digital marketing challenges for small businesses
00:41:58 - How service businesses eventually operate on 100% referrals
00:53:31 - The social benefits of running a service-based business vs. online-only
01:00:34 - Contact information: Azgari.com
# WhatYouWillLearn in this episode
1. How high net worth individuals can create cash flowing service-based businesses as absentee owners or portfolio investments
2. The advantages of service-based businesses representing 55% of the US economy with stable monthly revenue
3. How to access Small Business Administration loans up to $5 million for service business startups
4. The two business tracks: DIY with guidance vs. full operational service for busy professionals
5. Why traditional franchises often disappoint and how to avoid costly franchise traps
6. How to match business selection with personal skills, location, and market demand for optimal success
7. The timeline for service businesses to achieve steady referral-based clientele (typically 12 months)
8. Examples of profitable "unsexy" service businesses like biohazard cleanup with strong cash flow
9. How a fractional operational team can handle compliance, licensing, and business administration
10. Strategies for specializing within service verticals to establish expertise and maximize profitability
• Watch this Podcast in videos: https://www.youtube.com/playlist?list=PLFx1HswwbFE_ZENWfyISkprYpSEjp9n09
Connect with Amr The Internet Guy:
• Contact Amr https://humantalents.ca/contact-ht-tech/
• Websites: https://theinternetguy.training/
P.S:
Not sure where to start or need to discuss doing business online, anything WordPress or e-commerce?
contact Amr here: https://humantalents.ca/contact-ht-tech
