7 Businesses That ALMOST Never Fail (Backed By Data)

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WHAT BROUGHT ME TO YOUTUBE: I worked at Goldman Sachs, in Private Equity, and built up Main Street Holding Company. After being in Wall Street for so long, I got tired of managing hundreds of millions for the rich. Investing was for the few not the many. F that. You all are the reason I do this. We as a society need to get rich together. My mission is to create 100,000 business owners, I hope you’re one.

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Check out my other favorite videos! 🔽

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00:00 7 Low-Risk Businesses To Start
00:47 Business 1
04:17 Business 2
10:23 Business 3
15:20 Business 4
20:10 Business 5
25:27 Business 6
28:22 Business 7

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The BE AN ADULT SECTION 🤗
All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.

[CodieSanchezCT]

There is one truth I say over and over again… It’s easy to start a business.

[teddymavimbela]

1. Chiropractic practice
2. Bookstore
3. Mobile food services
4. Landscaping
5. Florist
6. Main Street business

[amberherrera]

Cleaning business!!! That’s what I started 6 months ago and have property management clients already. Please talk about this low barrier to entry business in an upcoming video!

[AngelaHat]

This video indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?

[gratefulgardens]

Louisiana requires a florist to be licensed. It’s pretty much a joke though. $100 a year. I’m a florist. Currently I’m the floral manager at a grocery store. I am experimenting with Facebook marketplace ads on the side. I’m dying to start my own floral business. Thanks for your info.

[sydneyfox]

a young woman was just publicly paralyzed from the waist down by a chiropractor. I would not suggest this business in this video given the context of the craft and how crucial it is that it's done PERFECTLY and not by someone looking for a "fail safe" business. Social responsibility!

[StephanieG.Augustus]

I came across your channel through this video—case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.

[roxylovestopray]

Florist here, 7 years (California saturation is up the ying yang) I started from home, got the shop, scaled, not true, this business is not lucrative. The labor to costs are not feasible profit margins. Materials are super expensive, florals are a luxury not a need. I strongly disagree with this video at least for California.

[David-sc]

I started a unique photography business, low start up.. issue was income was capped at what I could do myself.. hiring other photographers the good photographers could do this on there own and the bad photographers were bad😢.. it was stagnant and not really scalable

[MelissaBeard-rb]

Florist here over 25 years I also agree that this is inaccurate. I love what I do but it is a highly stressful and demanding job that deals with perishable product. Not that you have to go to school for floral but I did and am very happy to have that horticultural education behind me. It has served me very well. That along with a business degree. People that think they’re going to play with flowers or that this job is easy quickly leave.

[craciunlabs]

Here is another great business - doll repair shop

I paid over $200 to have a 17+yrs toy stitching profesionally fixed, stuffing removed and deep cleaning and some esthetical fixes

[MrBeard]

I researched doing a food truck and found that profitability was good at the start of the pandemic, , but now its very low if not unprofitable. The vehicle, gas and food costs have surged so damn high and the silent killer is city hall permit fees. I've spoken with some food truck owners and they have said getting in on it now would be high risk, low reward.

[ThraX_]

Coming in from Texas as well, Chiropractor may be low startup once you get you license but that 3-4 years is going to cost you $250k to $500k+ in student loans. I know this because about 5 years ago this was going to be the route I looked into doing after finishing my Biology degree when I retired out of the military. Further discussions with other chiropractors about price of school, debt, and what the reality of their salaries were, I decided to just go use my GI bill and get two master degrees and currently half way through my Doctorate of Business (DBA) degree. Great video keep it up Codie.

[Anna-llyy]

I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America

[OnlyViralNEWS-fgku]

The concept of Genius Hidden Tricks blew my mind. It’s like finding a cheat code for financial abundance.

[hunterconley]

I started a dog poop scooping company end of last year. Blew it up to 300 weekly/bi-weekly customers in less than a year! Insane potential

[roxannetart]

What jumped out as me was a bookstore and florist. I also love the ice cream vendor idea, but my I'd prefer to have a hotdog cart.
I've already started a list of things I'll need for a "Pop Up Bookstore" and have at least 90% of those items. I can see myself doing this biz first since I already have a ton of inventory, and can source more relatively inexpensively. Thank you for the ideas and information. Much appreciated! ❤

[NarisaBana]

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a bitcoin from just a few months ago and now they are multi millionaires..🇺🇸.

[paulmadden]

This is exactly what we want. Solid, detailed advice. Actionable. Great job. Thank you.

[joshuafleischer]

Hi Codie, I really enjoy your content. As a person with a disability, I am wondering if you would consider creating a video geared towards helping those with disabilities start businesses