How I Make 500K Per Year From Mini Mail Boxes

Ken McElroy talks about mailbox rentals with Lisa Song Sutton, a former corporate lawyer turned entrepreneur. Lisa reveals how she built a thriving business generating over $500,000 annually from tiny mailboxes. Learn the keys to her success, the strategies that got her profits, and how you too can turn a simple concept into a steady stream of income.

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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.


Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.

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Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’

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[KenMcElroy]

If you want to support the channel, please share this video to increase its reach.

It would really help us out, and it motivates Ken to make more videos.

Thank you so much it really means a lot.

[LisaSongSutton]

Thank you so much for having me on the podcast again, Ken! I’m always grateful for your mentorship, kindness and inspiration!

[AbdulKarim-dbxp]

Thank you for your research. I find your videos are well done. RIght now I'm keeping an eye on Eledator

[tanyapaula]

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to John Preston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[User-dnvi]

Ken, thank you for another great episode. This is hands down the best channel for entrepreneurship. You’ve been an incredible enriching resource through my journey working in real estate development.

[mc-kzzn]

Really interesting, thanks for having this pod.

[Pug]

Really really enjoyed listening to the interview, opening my eyes up to this business model. Thank You

[EcomCarl]

Lisa's approach to the mini mailbox business is a brilliant demonstration of how niche markets can yield significant returns. Location and understanding customer demographics are key factors in replicating this success in similar ventures. 💡

[AbdulRasheed-fbvg]

Oh, I love you guys, the best market analysis! Seriously, why not mention Eledator?

[clintonmurakami]

Great model with low entry, thanks for the video.

[RobotsCanDoAnything]

I love Lisa's energetic energy. Thank you guys for an excellent video post.

[monkeyfinger]

This woman is a mind blowingly smart entrepreneur! Thanks for a really eye opening video. Who knew?

[tjsokkerplayer]

Great idea to approach a business owner and create a successful blueprint for 10k. Some would balk at that price tag, but knowledge is everything. Some pay far more than that for college tuition and get much less in return.

[lillianluna-garcia]

I work for USPS and they do have a Guarantee delivery it’s called express…. You welcome…. And yes USPS is the cheapest delivery system because we deliver for every carrier they just overcharged the customer when u go with a Third party…. But good broadcast I should open my store 😊

[Bitcoin_Gold]

I have a p.o. box at us postal office in my area. They now offer free street address mailing. So all my ups or federal express can be ship there. Also what I get for free is email alerts letting me know if I have mail. No more checking every day of I have mail. Finally and more convenient

[kikeherrera]

Thank you Ken for these videos they are so inspiring.
How do I get more info on this business model?

[melted.minds.]

Wow!!! Such an innovative idea for a business model.

[papa]

Great video, I only have one comment that the lady got wrong is that almost all postal offices do offer street addresses attached to your postal box and they will receive your packages for you at no additional cost. That being said they will not advertise this service, they might not even know that they can do it. I had to train the counter and Post Mistress about this service and they have done a great job since. There are no postal stores in my area so training the Post Office was my only option It would be a great area to open one, once retail space is built. In the neighboring towns UPS just took away their franchises even though there is always a line, not sure whats that about.

[RicondaRacing]

The UPS franchise dictates how many physical mailboxes are on the floor but there is virtual boxes that are allowed also.

[acuracy]

I took her course and it is great. I’m trying to get a store going in St Petersburg FL but rent prices are ridiculous.