Buy a boring local service and fix its follow-up

Who it’s for

Someone worried about their job who is willing to do physical, local work and would rather take over a proven small service than invent a new product.

The lesson

The owner did not invent anything: he bought a decades-old junk removal company and, by his own account, nearly doubled it by selling more to property managers and answering enquiries faster. The transferable lesson is that an ordinary local service with recurring commercial customers can be a better start than a new idea.