6 BORING Businesses that Always Make Millionaires (90% success rate)

72 thoughts on “6 BORING Businesses that Always Make Millionaires (90% success rate)”

1. It’s not a boring business if it pays I guess!

   1. Good point!

   2. Agree!

2. I love your content, i learned a lot with them. I’m from Argentina and I’m starting my electrical industrial services business! We’re growing very fast, Thanks for the free advice you always give, it’s very valuable 🙂

   1. Awesome to hear, and wish you the best. You’re on the right path, stick with it!

   2. Thanks to Milei too 🙂 VLLC!

   3. Kann man sie per Email kontaktieren?

3. 1. ATM business
   2. Laundromat business
   3. Rental equipment business (eg. Air compressor)
   4. Service local community business (eg. Plumbing, etc)
   5. Emergency tow truck business
   6. Waste management business
   7. Window cleaning business

   1. Hi, what about private hospital business?

   2. You dropped this King 👑

   3. OKO THX 0.0

   4. Thanks a lot.

   5. 🙌

4. I have some of your filters in my closet. Home depot didn’t have the size I needed but FilterBuy did.

   1. Thanks for being a customer!

5. Money makes everything more fun.
   If I had a “boring” business and I watched the numbers continue to climb, I would find enjoyment in that.

   1. 🤔

   2. It can still be boring.

   3. @@Aevoguitaryeah but that’s why once you’re finished doing the hard yards to the point you just hire people for the boring parts and then go open another boring cash cow

   4. @@davidfilterbuy I’m a carpenter and the people I work for chill on boats and jet skis whilst having everyone else do the work, they put in effort for a couple years first though.

   5. @teebreezy it’s rarely that simple and almost never that static. It’s hard to find good employees, when you do you need to pay them above Market to keep them. Employees come and they go. You’re constantly managing them, you’re constantly monitoring things to make sure the work is still being done. Even if it’s just a manager you still have to manage that person

6. I really love how he openly shares the downsides of each business idea. (I usually don’t comment on yt or any social media. But you deserve the appreciation.

   1. Thank you!

   2. dupe

   3. It’s the most important information, really.

   4. he 100% failed to mention that atm machines is a dying business and a bad idea to get into

7. Nothing like creating mass competition for yourself on YouTube. He has such a KIND HEART 🤣

   1. You know you got a good system when you can do this

   2. He knows 99% of people won’t even try

   3. ​@curtiscowan3528 this is the correct answer. Started a small business firearms co this yr. After seeing how complicated every can be to set up, I get why most don’t bother.

   4. @@curtiscowan3528 facts

   5. He just wants convenience for when the billionairs take it all over. All of the suggested businesses are rock bottom necesassities even in a world were 99% have nothing but a few still run around owning it all.

8. These “boring” businesses are exactly where the real wealth is built – away from the hype and flashy trends! Love how you’re exposing these proven wealth vehicles that most people overlook while chasing shiny objects. 💯 This is the kind of practical knowledge that creates financial freedom!

   1. Thanks for watching!

9. How do you NOT have a million subs? Damn! This is GOLD!

   1. Thanks, just getting started :).

   2. Atm’s at the laundry atm is not good anymore. People use cc or tap to pay.

10. All true! When I retired I wanted to keep my business going. But the problem was employees. No matter how much I offered to pay someone I could not find reliable employees. I offered to train them. Supply truck and all tools to do the job and start at $30.00 an hour. Still no one wanted the job. Good luck to everyone trying to start a new business.🎉

    1. Thanks for sharing!

    2. simple come here to Africa n get employees, not entitled Americans

    3. I’m a mechanic , and I’ll be so grateful and glad to get a training and guidance , I’m willing to work hard and join your business Sir .

    4. I have the exact same problem. It’s near impossible to find reliable people to work. High pay will get applicants, they’ll stick around until they find something better. Usually less than a year.

    5. I’m 53 and recently sold my seasonal 33 year old business. 2 major problems were employee staff. Either quality work ethic or due to my seasonal work (the second reason), they would quit and I’d have to start all over training someone new. Now I have a new focus of, it’s not about how much money I can make rather how much money can I make that doesn’t consume precious time. The elusive passive income is a very accurate statement indeed.

11. The best business advisor I have watched – well done David! I am 74 yo and been in a ‘boring’ business for 40+ yrs. The one quality you didn’t mention was consistency! Customers want service the same as usual. This consistency also extends to the response of the owner to success. Many have crashed and burned with making too much too soon and spending it on themselves and not building a working capital buffer between themselves and the door.

    1. Thanks for sharing!

    2. Excellent comment about consistency, it’s the primary attribute that made McDonald’s successful. It’s not necessarily the best but it’s the exact same every time you go there. You never get poor quality food. You go to different McDonald’s it’s always the same. You rarely get different product qulaity from one to the next.

    3. Rob, your counsel is legendary. Consistency is underrated in this current generation.

       Are you still operating your business? Would you want some more clients? I do email marketing and social media adverts. Let me know if I could help you achieve more sales at a fair price.

    4. Absolutely! Consistency also extends to happy customers and consistent outcomes. I would use consistency and standardization synonymously. In business they both achieve the same outcome. Thanks for your wisdom!

    5. what is your business, are you hiring? im broke

12. I owned a atm business for ten years and sold out. Basically the younger generation do not use cash.

    1. Wym

    2. Exactly! It’s a useless business in this time

    3. That’s an interesting observation…and I agree with it

    4. Younger generation have been forced to not use cash, governments don’t like cash

    5. That’s what I was thinking. Why would anyone in a nail salon need an atm when the salon takes credit and debit cards? I see atms being successful in casinos and that’s about it.

13. The reason laundromats do so good on paper is because 90%+ of them actually are only used to launder money lol

    1. Money laundrying

    2. @@BurgoYTI mean that is literally where the term money laundering came from lol

    3. People want clean money? I get it, dollar bills changing hands get very dirty

    4. True, but laundromats thrive from steady cashflow- and in the UK, capital allowances on machines make them even more profitable.

14. I love your comment that you’ve done every job in your company & can do them. I’ve been a GM, National Sales Trainer, & small biz owner. I always believed in order to sell correctly you need to understand each job for the product you are selling. My biggest disappointments with business clients are when the torch of ownership & responsibility is passed to a silver spoon kid who has not come up through the company & doesn’t appreciate everything that went into building the business & does not value the employees who helped it succeed. I’ve seen many of these situations close privately held companies. Thanks for the good content.

    1. My pleasure, thanks for watching!

15. ATM Is the worst business you could go into today considering we are moving into a cashless society….

16. Love this—boring businesses scale because they solve problems every home or company actually has. Start lean, master one neighborhood, systematize, then expand. That playbook is how small operators end up running empires.

    1. True!

17. Becoming multi millionaire it’s easy as just buying property to rent out… ok then, so it’s easy for anyone to become a millionaire , as long as you have the money to buy property

    1. 3 percent you can do that

18. I spent a total of 26 years in the equipment rental business in stretches between 1986 and 2021 working mostly at depot/sales/area management level here in the UK. back in the 80s and 90s it could be a licence to print money IF you had the right money behind you with the right location and product mix but you really needed to know what you were doing. by the time the 2000s came most builders merchants had got into tool rental and destroyed most of the small guys. you also have masses of Health & Safety legislation and paperwork to deal with. you the need the right kind of people to maintain the equipment too.
    I WOULD NEVER ADVISE ANYONE to start up a tool rental buiness unless they’ve found a very unique niche where they’re able to gain huge traction before a major player comes into the market.
    all that said, Davids presentation is good food for thought, it opens the mind and some watching may have a eureka moment.

19. When I hear someone recommend social media to advertise local service businesses I directly relate it to that person not having the least idea on the local service industry, period.

    1. You’d be wearing then. I’ve tried everything and social media was the best advertising. You have to learn how to do it though.

20. I run an offset printing press for Atlantic in North Carolina. You guys are a big and valued customer of ours. We print Filterbuy inserts and other Filterbuy packaging often.
    So it’s pretty cool that I happened to stumble across this video.

    1. Awesome, thank you!

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