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#1
06-19-2007, 04:36 PM
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A list of businesses that \"print money\" -- mostly cash dealing
I've come to believe that the best businesses are ones that virtually "print money".
Why? They don't have to waste any space carrying dead inventory. Money never goes "out of fashion", or so that Perfect Business essay I read from the Mr. Now thread said. So here are some of the businesses that I believe "print money": -Check cashing businesses -Insurance agencies -Banks -Stock brokers -Prosper.com -Ebay -Paypal (bank?) Most of the above cost a lot of money to start up and back up. Here are some that don't: -Cardrunners -Selling e-books I think the closer we come to having businesses like these, the better off we are. Can you think of any more businesses that virtually print money? 
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#2
06-19-2007, 04:52 PM
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Re: A list of businesses that \"print money\" -- mostly cash dealing
Maybe I'm misunderstanding your use of the term "print money" but it seems to me like you're talking about businesses that don't have physical inventory, is that right?
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#3
06-19-2007, 05:12 PM
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Re: A list of businesses that \"print money\" -- mostly cash dealing
[ QUOTE ]
Maybe I'm misunderstanding your use of the term "print money" but it seems to me like you're talking about businesses that don't have physical inventory, is that right? [/ QUOTE ] Yes.
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#5
06-19-2007, 06:27 PM
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Re: A list of businesses that \"print money\" -- mostly cash dealing
[ QUOTE ]
[ QUOTE ] Can you think of any more businesses that virtually print money? [/ QUOTE ] 2+2.com [/ QUOTE ] advertising (google?) Barron
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#6
06-19-2007, 06:54 PM
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Re: A list of businesses that \"print money\" -- mostly cash dealing
The 10 ATM machines in the local casino that charge a $3.25 surcharge.
The check cashing and credit card business inside the casino that charges like $50 to get $500 off your credit card. Both the ATMs and the check cashing lines are ridiculously busy.
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#7
06-19-2007, 07:18 PM
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Re: A list of businesses that \"print money\" -- mostly cash dealing
I don't think check cashing should be on the same list as ebay. In the check cashing case you could just start another check cashing business across the street and take about 50% of the first's revenues.
You can't start another ebay. Many have tried. They have a real advantage in having the most listings which brings the most customers, which brings the most sellers. It would be difficult for a competitor to come in and bypass all that.
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#8
06-20-2007, 08:52 PM
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Re: A list of businesses that \"print money\" -- mostly cash dealing
[ QUOTE ]
You can't start another ebay. [/ QUOTE ] Most can't, but Google might be able to. http://www.iht.com/articles/ap/2007/...Bay-Google.php
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#9
06-20-2007, 09:13 PM
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Re: A list of businesses that \"print money\" -- mostly cash dealing
[ QUOTE ]
The 10 ATM machines in the local casino that charge a $3.25 surcharge. The check cashing and credit card business inside the casino that charges like $50 to get $500 off your credit card. Both the ATMs and the check cashing lines are ridiculously busy. [/ QUOTE ] A friend of mine in Vegas owns a business that places ATM's. He drives a new Aston Martin.
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#10
06-20-2007, 10:08 PM
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Re: A list of businesses that \"print money\" -- mostly cash dealing
Virtual Goods
[ QUOTE ] There’s a commonly held misperception that virtual goods are only for online gamers. Both Dogster and HotorNot are succeeding with a hybrid ad/virtual goods business model. Currently, over 40% of HotorNot’s revenue comes from virtual goods. [/ QUOTE ] Now that's printing money. Flip a bit here and there and charge real money for it. Facebook and others also have the same thing.
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