Video Summary
Temporary fence rentals can be started quickly, charge by linear foot, and average $20–30k per job in examples.
Mini-golf and cornhole event rentals scale by hole/board count; $300 per hole/day is a common rate.
Outdoor movie setups cost ~$500–$3,000 to start and can serve backyard events and community gatherings.
Reselling rugs or original art requires low upfront capital, sells well on local marketplaces, and teaches real business skills.
Facebook Marketplace and direct outreach (e.g., visiting new construction sites) are low-cost customer acquisition tactics.
Buy modular fence panels, sell rentals to new construction sites (charge per linear foot and time). Example rents averaged $20–30k per job; often you can recoup equipment in 1–6 rentals and then collect passive income during long projects.
Inflatable screen and projector setups can be sourced for roughly $500–$3,000 depending on quality. Mini-golf or cornhole builds can be done cheaply with plywood and stands, making them low-cost to start.
Use direct outreach (visit new construction sites) and free platforms like Facebook Marketplace or organic social posts; algorithms and local demand will connect you with relevant buyers.
Rug flipping can be started with modest capital (example: $1,500 or a credit card). In one case a teen sold ~80 rugs and made over $3,000 (avg ~$45 per rug). Buying original art abroad for $50–$100 and reselling for several hundred is another viable arbitrage.
"He made several hundred grand while doing it and then sold the company for $600 grand 18 months later, which he said he now regrets."
The speaker discusses a friend who started a temporary fence rental business with no prior experience. This friend managed to set up jobs quickly and profitably, earning between $20,000 to $30,000 per job.
In the initial phase, only minimal work was required, involving purchasing the necessary fencing panels. The business model allowed for earning substantial income passively after the initial setup.
By networking directly with construction sites needing temporary fencing, he successfully offered his services at competitive rates, enabling quick earnings from his first job.
This business model is highlighted as one that requires very little ongoing maintenance, with minimal costs other than acquiring the fencing itself.
"He said his average was $20,000 to $30,000 a job."
The speaker crunches the numbers for potential earnings in the fence rental business, using an example of a 2-acre property. Setting up temporary fencing could yield $4,000 for a straightforward job.
Discussing the importance of upfront payments, it's pointed out that many contracts are signed in a way that allows significant amounts of money to be collected right after setup.
The speaker illustrates that proactive engagement with construction sites and understanding local construction timelines can help locate potential customers.
This strategy emphasizes the necessity of selling your service before investing in equipment, making the business potentially low-cost to start.
"His biggest business is renting them out to weddings, events, parties, etc. for $300 per hole per day."
Renting out mini golf holes can be a lucrative side hustle, especially during events like weddings and parties. One entrepreneur has successfully built a business by purchasing various mini golf hole designs and renting them out for $300 each per day.
With an estimated goal of earning $10,000 a month, he would need to rent out 35 holes or do two complete sets of 18 holes to reach this target. After the initial cost is recouped, the remaining income would purely contribute to profit.
Utilizing Facebook Marketplace as a zero-cost customer acquisition strategy makes this business model particularly attractive, as posting advertisements incurs no expenses.
"No one's ever played cornhole mini golf before."
A captivating idea introduced is the outdoor mini golf variation using cornhole boards. This innovative concept involves setting up cornhole boards designed with obstacles to navigate, creating a fun and interactive activity for events.
The setup costs are minimal compared to traditional mini golf, as cornhole boards can be created for a fraction of the price using plywood and stands. Purchasing them from online retailers can further reduce costs.
This type of engaging outdoor game can be proposed to RV parks or similar venues, offering rentals or installations for a fee, potentially leading to a recurring income stream.
"You can buy all of this equipment for $500 to $3,000."
Inflatable movie screen rentals are highlighted as a promising side hustle. The required equipment, including an inflatable screen and projector, can be purchased for a range of $500 to $3,000, depending on quality and features.
This business model has already seen significant success, with companies scaling into millions in revenue by catering to events such as backyard parties and community gatherings.
The simplicity of the equipment setup, resembling a bounce house, allows for easy use, making it a versatile option for various outdoor events.
"Every time I return mine, there's a line."
The bounce house rental market is depicted as a thriving business, with many customers frequently standing in lines to return rented equipment. This highlights the steady demand for such services, particularly on weekends.
Observations of the rental companies show that despite poor maintenance and cleanliness standards, they continue to perform well financially, indicating a significant opportunity for new entrants who prioritize customer satisfaction by offering well-maintained equipment.
Maintaining a clean rental history is essential; promoting the thorough cleaning of bounce houses between rentals can significantly elevate a company’s reputation and market position.
"She had the idea to do this, but to kind of do it at mini scale and sell them back when she got back into Utah, to use it to pay for her trip."
The speaker and his wife enjoy collecting original art during their travels, specifically pieces that can fit in their luggage. They focus on discovering art from local artists rather than purchasing widely available items from major retailers.
His sister-in-law recently adopted a similar approach. While visiting the UK, she planned to buy original artworks to resell back home in Utah to help finance her trip. This idea leverages buying unique pieces that are not easily found online.
Her strategy involved purchasing around 12 to 14 original artworks, mostly from Ireland, at an approximate price of $50 to $100 each, but selling them for several hundred dollars each upon her return.
This method not only helps cover travel expenses but also enables the enjoyment of collecting unique art that has personal significance.
"You could do 10 in a week. You could have the little Instagram account before."
The process of reselling art can be streamlined through social media platforms, such as Instagram, where one can showcase the original pieces available for sale.
The speaker suggests that people could adopt a systematic approach by establishing relationships with local art sellers or shops abroad and ask to view their collections via video calls to facilitate purchases from a distance.
This concept can be expanded beyond just art to include other unique items like vintage watches or apparel, particularly from countries rich in unique craftsmanship.
The idea of pre-selling art or collecting deposits while you’re waiting for the items to ship can significantly improve the business model, turning travel expenses into potential profit sources while still enjoying a vacation.
"If you can find a watch in Japan for 40 bucks and sell it on Facebook Marketplace for 80, everyone wins."
The discussion highlights the exciting potential of finding products in undervalued markets and reselling them. An example provided is purchasing a watch in Japan at a low price and flipping it for profit on platforms like Facebook Marketplace.
The concept of arbitrage is emphasized, indicating that global product sourcing can lead to endless opportunities for resellers. With many countries and diverse products available, there are ongoing chances to capitalize on these price differences.
"The algorithms will find the people who want what you are doing."
It's important to create content on social media to reach your target audience effectively. Even a small number of views can result in relevant engagement if tailored correctly.
The algorithms on platforms like Facebook are designed to connect businesses with potential customers, making it essential to engage with your audience authentically to gather interest in your products.
"At first, he was bugged... then he came around."
A story is shared about encouraging a teenager to fund his own car by engaging in an entrepreneurial venture. Following a conversation about working and earning, the teenager becomes motivated to find alternative ways to make money.
The father introduces different business ideas from podcasts, showcasing how mentorship through listening can inspire young entrepreneurs to explore various opportunities.
"We settled on rugs because they don’t have moving parts, can be easily identified, and do not expire."
The decision to sell rugs stems from their straightforward nature, posing little risk as a product choice. The ease of identifying and marketing rugs adds to this primary business model.
The conversation includes practical considerations such as evaluating demand in the local area, selecting an appropriate product, and strategizing before making purchases.
"It's pretty heavy too... a two-person job to move."
The discussion moves towards logistical challenges with the physical inventory, noting the size and weight of rugs requiring special consideration for transportation and storage.
Understanding these challenges helps forewarn potential entrepreneurs about the necessary effort involved in handling their products and how to best manage their workspace.
"He learned a ton of skills."
Engaging in the rug reselling business allows the young entrepreneur to develop essential skills such as negotiation, customer service, and marketing while handling sales in-person.
This journey emphasizes the practical learning experience gained through entrepreneurship beyond just making profits, showcasing its significant impact on personal growth and skill acquisition.
"He has sold about 80 of the 115 rugs so far."
The discussion focuses on a part-time side hustle involving the sale of rugs. The process requires effort, including moving rugs from the barn, taking photos, and listing them online, often necessitating help from others.
A specific case is mentioned where the seller's son leveraged the speaker's Facebook account to sell rugs, using the selling effort to fund his first car.
After a few months, he successfully sold around 80 rugs, demonstrating a practical application of entrepreneurship and resale principles.
"He has made over three grand from the 80 rugs."
The son managed to generate over $3,000 in profit from the sale of rugs, with each sold rug averaging a price of approximately $45.
Selling rugs not only brought in income but also served as a learning experience, although his enthusiasm for rugs diminished over time.
The approach exemplifies how simple business ideas can yield considerable financial returns, especially for young entrepreneurs.
"Anyone in the world with $1,500 or a credit card could do this business."
The conversation highlights that reselling rugs is accessible to many people, requiring a modest initial investment.
The speaker notes that while month-long earnings could potentially reach $10,000, a more realistic goal is achieving that sum over a year through consistent effort.
Scaling this business depends on strategic planning and the operational execution of the resale process.
