The Hidden Goldmine: Making Millions from Boring Old Businesses!

In this eye-opening video, we uncover the hidden secret to making millions in the world of business: investing in what may seem like "boring old businesses." While they may lack the glitz and glamour of trendy industries, these seemingly unexciting ventures can be the untapped goldmine you've been searching for. Discover the strategies, insights, and mindset shifts necessary to turn "boring" into extraordinary profitability. If you're ready to break free from the crowd and uncover hidden opportunities, this video is a must-watch for aspiring entrepreneurs and seasoned investors alike.

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Roland Frasier is co-founder and principal of three current Inc. Magazine fastest-growing companies and he has founded, scaled, or sold 24 different 7 to 9 figure businesses ranging from consumer products to industrial machine manufacturing companies with adjusted sales ranging from $3 million to $337 million.

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[WheelcraftBicycles]

I bought out a 29 year old bike shop that I was working at. I bought it under duress because there was virtually zero inventory due to the covid shortages. It worked out great for me and we might have the best year on record this year (since 2008).

[thinkc]

Love the vids - but just some feedback, the high pitched screeching text transition sound effect is pretty tough to listen to as frequent as it is.

[beneficialhomebuyer]

Roland, I absolutely love your content. It’s crazy. I’ve read your magazine for so many years. I didn’t know that you were behind it. I look forward to a long and profitable venture with you.

Jerry Kelly
Tempe, Az

[stephaniehalo]

I agree with this video 100%. However, finding these businesses has proven difficult for me. And i've been searching for about six months.

[PhilippBlum]

"Most people are accidental entrepreneurs"
Literally how I started. Company reached out and wanted to work with me. So, I had to found a company. And here we are now :D

[santiagophoenix]

What an excellent video. Thank you for making these, you're a wealth of knowledge Roland!

[kristelbeilby]

Great point. See some interesting comments here that indicate lots of different perspectives.

I work with businesses on Revenue Ops who need to leapfrog to the next stage. A lot of these are early stage (angel/VC funded starups), while others are privately owned. Most are market disrupting, others are BOBs…

For investing/ownership, the intent determines your method. As Roland started this clip, he explained Buffet’s parameters, and his philosophy. The “what” he does, “why” he does it.

Pretty sure Roland covers this somewhere - it really depends on the outcome you want. BOBs are great for building your portfolio!

If you have a mission to bring/back market disrupting solutions to the world - that’s another type of play. Higher risk, longer road, more risk/more potential return.

[vernonmartin]

Roland, I love all your wisdom that you share, very sound advice! One question, though, where do you find all these businesses that are for sale?

[commonsenseTX]

"Buy then Build" Summary... it's a good book

[alno]

Boring businesses are quite interesting assets. But how to deal with taking the owner/operator position when you are not looking to buy a job?

[paulmitchell]

That was the most vague video of ever seen. I'm a small business owner myself and I have no time to waste usually. Especially in the summer but your video popped up and caught my eye so I clicked on it. Let me tell you time is money and watching your video made me feel like I lost $10k for wasting my time watching it. Here's a great business. Making click bait captions. 😁

[ndabenhlemabhena]

This awesome Roland. I am off to looking up those boring business with the intention to acquire

[patbournes]

Here are the statistics on Silicon Valley startups- 7 /10 fail without even making a single penny in revenue. 2/10 struggle on for years, 1/10 makes it big as a buyout or goes public. That 1/10 company makes vast amounts of money for the VC .

[ethansleeper]

Do you think its a good idea to get experience in some kind of management position, or to start a business first off to know how it should be structured and what works and what doesn’t before buying one?

[thehovermatic]

I don’t know about buying small businesses. A lot of the employees may not like the new owners or may see the sale as an opportunity to go out and start their own business and taking their clients with them. Also a lot of small businesses are involved in some very shady stuff. A business that launders money for example would show high profits but a big part of that profit is going out the back door.

[kingdoe]

Great information. Also, the background music is nice. Where can i find it??

[SGTGUILD]

Really great information. Please tell your editor to turn down the volume of the glitch sounds. They are louder than you speaking and with headphones are really jarring. Thanks!

[PatrickLauruol]

If you don't know where to start, start by choosing an industry vertical that interests you.

Here are some lists that might inspire you.

Good luck!

List of Industry Verticals:

- Accounting & Auditing
- Agriculture
- Airlines
- Amusement & Recreation
- Arts & Culture
- Banking
- Business Services
- Chemical Industry
- Construction
- Consumer Discretionary
- Consumer Services
- Consumer Staples
- Ecommerce
- Education
- Energy
- Engineering
- Entertainment
- Environment
- Fashion
- Forestry
- Government
- Healthcare
- Heavy Industry
- Hotels
- Information Technology
- Infrastructure
- Insurance
- Law
- Life Sciences
- Logistics
- Manufacturing
- Media
- Mining
- Non-profits
- Professional Services
- Publishing
- Real Estate
- Restaurants
- Retail
- Science & Technology
- Space
- Telecom
- Tourism
- Transportation
- Utilities
- Wholesale


Here's some lists to help you find an industry / business you might want to run/buy/operate.

List of Businesses:

Trades:

Vehicle repair
Cars
Vans
Lorries
Motorhomes
Motorbikes
Trailers
Caravans
Boats
Bicycles

Vehicle services
Vehicle wraps
Vehicle spray
Car detailing

Property maintenance
Commercial
Handyman services
Roof repair
Door doctor
Window sealers
Gardeners
Lawn care
Landscapers
Pool maintenance

Trades
Tree surgeons
Tree stump removal
Fencing
Builders
Patio installers
Decking installers
Driveways
Painters & decorators
Plasterers
Carpenters
Joiners
Tilers
Plumbers
Boiler repair
Electricians
Locksmiths
Shot blasting & spraying
Damp proofing
Timber treating
Kiln drying
Flood control
Handyman service
Waste removal
Asbestos removal
Roofers
Scaffolders
Chimney sweep
Demolition services

Local Services:

Maintenance, repair and refurbishment services
Bike repair
TV repair
Computer repair
Printer repair
Phone repair
Tool repair
Appliance repair
Sharpening services
Lift repair
Machinery repair

Fitters and installers
Aerials
TVs
Stoves
Kitchens
Lighting
Cameras
Alarms
Solar PV
EV charging stations
Retrofits

Safety check services
Gas & electrical inspections
Health & safety signoffs
PAT tests
Risk assessments
MOTs
Equipment safety surveys
Property safety surveys

Cleaning services
Residential cleaning
Commercial cleaning
Emergency cleaning
Car washes
Dry cleaners
Pressure washing
Carpet cleaning
Gutters
Yards
Windows
Ovens
Patios, paving & driveways
Graffiti removal
Laundries
Ironing services

Security services
Static
Mobile
VIP
CCTV
Security training
PI servcies

Dispatch services
Taxis
Locksmiths

Misc. Services:

Landlords
Residential homes
Vacation rentals
Short lets
Commercial properties
Office hire
Meeting room hire
Function room hire

Rental businesses
Vehicle hire
Fleet hire
Digger hire
Crane hire
Plant hire
Equipment hire
Skip hire
Boat hire
Bike hire

Agencies
Staff hire
Care staff
Nannies
Cleaners
Industrial labour
Farm labour
Supply teachers

Taxi & private hire
Airport transfers
Mini buses
Coaches

Livery services
Removals
Couriers
Haulage
Freight
Delivery services
Self-storage
Leaflet distribution

Waste disposal services
Recycling services
Reclamation services
Declutters
Home clearances
Yard clearances
Shed clearances

Health & Care:

Health services
Spa treatments
Saunas
Massage
Tanning parlours
Health treatments
Beauty treatments
Wax removal
Foot care
Hair dressers
Nail salons
Makeup salons
Singing therapy
Dance therapy
Psychologists
Healers
Counsellors
Therapists
Acupuncturists
Opticians
Audiologists
Sleep consultants
Nutritionists
Herbalists
Tattooists
Tattoo removal
Skin clinics

Care services
Care homes
Domiciliary care
Home care
Child care
Companion services
Childminders
Nurseries
Nannies

Professionals:

Finance:
Accountants
Bookkeepers
Tax advisors
M&A specialists
Insurance specialists
Invoice factoring services
Finance providers

Legal:
Lawyers
Licencing specialists
Advocates
Will writers
Probate services
Debt collectors
Visa services

Consultants
Advisors

IT services
Automation experts

Building plan services
Architects
Surveyors
Quantity surveyors
Home staging services
House sitting services

Project managers
Interim managers

Valuation services & appraisers

Import / export specialists

Investors
Brokers

Sales services
Sales professionals
Bid writers

Virtual assistants
Transcribers
Researchers

Designers
Garden designers
Interior designers
Architectures
Pond design
Lighting design
Kitchen design
Electrical system design

Agents
Travel agents
Booking agents
Estate agents
Letting agents

Sourcers, Introducers & finder services
Plants
Products
Materials
Resources
Equipment
Properties
Sales leads
Funding / finance
Dating agencies
Parking spaces
Vehicles
Personal stylists

Trainers & instructors
Fitness trainers
Pet trainers
Sales trainers
Health & safety trainers
Corporate trainers
Driving instructors
Flying instructors
Private tutors

Coaches & facilitators
Mentors
Meeting facilitators
Keynote speakers


Media:

Photographers
Weddings
Events
Portraits
Products
Stock photography
Commercial licencing
Photo editors

Videographers
Directors
Camera crew
Video editors

Audio production:
Music producers
Audio recording
Audio engineers
Session musicians
Audio editors

Graphic designers
3D modellers
Animators

Lighting experts (VFX)
Makeup artists

Marketing agencies
Branding experts
Image consultants
PPC services
SEO services
Media buyers
CRO services
Web designers
Sales funnel builders
Email marketing experts
Copywriters
PR firms

Game designers
Game developers

Programmers
App devs
UX designers

Product designers

Content creators
Podcasters
Bloggers
Vloggers
YouTube creators
Live streamers
Whitepaper writers
Ebook authors
Slide deck creators
PowerPoint creators


Online:

Apps / software / plugins

SaaS

Market places

Platforms
Booking platforms
Social media platforms
Teaching platforms
Deals & discount platforms
Info platforms
Data aggregators
Comparison platforms
Connectors / integrators
Listings platforms
Recommendation platforms
Exchange platforms
Escrow services
Crowdsourcing platforms
Community platforms e.g. Stack exchange
Transaction processing platforms
Introduction platforms
Funders
Dating
Skills swap

Online groups
Forum moderators
Online group facilitation
Slack / Whatsapp / Facebook groups
Masterminds

Digital products
Ebooks
Courses
Presentations
Templates
Downloads
Resources
Assessments

Affiliate marketers



Product businesses

Manufacturers
Product manufacturers
Food manufacturing
IOT makers
Fabricators
Welders
Storage solutions
Railing fitters & suppliers
Printers
Equipment manufacturers
Heavy industrial manufacturing
Tech manufacturers
Soft furnishings manufacturers

Hospitality
Cafes
Restaurants
Pubs
Take-aways
Fast food outlets
Mobile catering
Mobile food 'experiences'
Theatres
Night clubs
Function rooms
Clubs

Travel & tourism
Tours & tour guides
Experience day providers
Travel agents
Visa services

Events businesses
Festivals
Fairs
Shows
Open days
Outdoor Events
Sports events
Live music
Gaming events
Tournaments

Entertainers
Magicians
Singers
Musicians
Event hosts
Variety acts
Kids entertainers


Extraction businesses
Farms
Fishing
Forestry
Mines
Oil refineries

Animal care
Vets
Kennels
Boarding services
Dog walkers
Pet sitters
Grooming
Pest control

Artisans
Fine artists
Sculptors
Crafts folk
Gift makers
Makers

Food producers
Bakers
Cake makers
Breweries & distilleries

Vendors
Ecommerce businesses
Retailers
Wholesalers

PS. Thanks for all your great content Roland! I appreciate what you share with us as it has significantly changed my thinking on business for the better.

[ruffinruffin]

I just watched a video where you talked about buying boring business but gave no info on how or where. Was this click bait?

[brandt_ai]

Please turn the music off. It not only adds zero value, it actually detracts as it makes it hard to focus and listen (at least for me). I, otherwise, love your content and approaches.