YouTube monologue criticizing the popular 'boring businesses' advice. Speaker (claims to be scaling 17 companies in a $200M portfolio) lists five 'boring' local service businesses—laundromats, dumpster/junk removal, commercial cleaning, septic services, and portable toilet rentals—gives rough annual revenue estimates for each, describes operational downsides (maintenance, safety, unpleasant work, hiring/retention) and argues the real difficulty is selling commoditized services (cold calling, door‑knocking) rather than operating them.
Chapters
I'm currently scaling 17 companies in my $200 million portfolio. Here's what I think of this business advice. Five boring businesses that can make you a millionaire. I'm so sick of the boring business angle. Number one, laundromat. 100 grand a year. Laundromats suck. They look good on spreadsheets. They don't make much money. There's a reason that you don't see a lot of big laundromat chains. They're just not that great a business. They're a pain to maintain. Most of the places where you put a laundromat, it's a great place to get stabbed. Number two, dumpster rental, slash junk removal. 150 grand a year. Junk removal is great, but have to buy the business. Just get a truck and a trailer. The thing is, you better know how to sell, because that's where the real money is made in this business. It's not like you just decide that you're in the junk removal business and people start calling you a commercial cleaning service. 200 grand a year. Yeah, commercial cleaning is fine, but again, you better know how to sell. Also, you really need to know how to hire and retain good people. That's a challenge. We actually had commercial cleaners in this space right here. They ate all of our snacks. They. They slept on my freaking couch. It is a problem. So this is not a boring business. If you own a commercial cleaning business, it is anything but boring. Unfortunately. Septic tank services. 300 grand a year. You better give me 300 grand a year if I'm literally cleaning out other people's feces. Hard pass. Number five, portable toilet rentals. 400 grand a year. Why are these all about poop again? More poop? No, thank you. These can be fine businesses. They really can. My problem with these quote unquote boring businesses is they fail to acknowledge the hard thing isn't necessarily operating the business itself. The hard thing is selling these services because they're so commoditized. You better be really, really, really good at selling. Cold calling, door knocking. If you're not good at that, you don't want to be in any of these businesses.