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Profitable businesses
#1
One of the most unprofitable profession nowadays is the jeweller. This requires a lot of expenses, but very little return, so it't nor profitable.
The butcher's profession is poorly paid as well. But, instead, he can eat as much hamburgers as he wants

Being a lawyer is not too profitable, because you have to study a lot, but, the students are not ready for this. Still, in USA lawyers request from 50 to 600 dollars.

Business consultants receieve up to 200$/hour. This consultants are very experienced, and that's why people indeed receive teh necessary information.

Financial directors of banks/holdings receive very high salary.
The highest salary is established to entrepreneurs and directors of the own companies.

The most expected professions in the future are: software developers, college professors, administrative financial assistant.

So choose your best
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#2
Nice and informative post, Peter.

Thank goodness I didn't choose to become lawyer, butcher or jeweller! lol
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#3
Faw_Peter Wrote:The most expected professions in the future are: software developers, college professors, administrative financial assistant.

Of which all 3 produce nothing of value.
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#4
gaby, you seem not to be quite grateful for the life and education you obtained in school. So, you're saying professors don't bring any value? They are actually the base of a society, as they teach new generations of children, while children means future.
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#5
I say the most profitable businesses are the ones related to oil, alternative energy products and drugs.
If a kid asks where rain comes from, I think a cute thing to tell him is "God is crying." And if he asks why God is crying, another cute thing to tell him is "Probably because of something you did."

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#6
Benn Wrote:I say the most profitable businesses are the ones related to oil, alternative energy products and drugs.

yes and don't forget the trade with people and sale of guns.
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#7
Advertising companies make great money. The point is that this business involves only intellectual work. They don't produce material goods, they produce only values, expensive values.
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#8
Faw_Peter Wrote:Advertising companies make great money. The point is that this business involves only intellectual work. They don't produce material goods, they produce only values, expensive values.

indeed, a transnational company spends more than a half of its revenues on advertising. A professional advertising agency engages teams of specialists in sociology, psychology etc. Professional work is not an easy work.
If a kid asks where rain comes from, I think a cute thing to tell him is "God is crying." And if he asks why God is crying, another cute thing to tell him is "Probably because of something you did."

Vegan news | Vegan forums
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#9
Due to the crisis, even the most profitable businesses of the world have cut considerable sources they used to spend on advertising. Small businesses will go bankrupt if they didn't have a name until the moment. It's too late now to make advertising.
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#10
During the crisis it's most profitable to run a web-based business. Many have lost their jobs and simply stay home and kill time in front of computer screens, surfing the web. So you're gonna need to find what the internet is really missing or what sites have less competitors.
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#11
M.Helen Wrote:During the crisis it's most profitable to run a web-based business. Many have lost their jobs and simply stay home and kill time in front of computer screens, surfing the web. So you're gonna need to find what the internet is really missing or what sites have less competitors.

A web-based business's main income source is advertising. Thus, because advertising has become unpopular and plummeted in the world by at least 25%, a website won't have demand for advertising and consequently won't have profit.
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#12
tricker Wrote:
M.Helen Wrote:During the crisis it's most profitable to run a web-based business. Many have lost their jobs and simply stay home and kill time in front of computer screens, surfing the web. So you're gonna need to find what the internet is really missing or what sites have less competitors.

A web-based business's main income source is advertising. Thus, because advertising has become unpopular and plummeted in the world by at least 25%, a website won't have demand for advertising and consequently won't have profit.

Not necessarily advertising makes up the web-site's main profit. You can create a site that would charge money for your services. It depends of course on how big your investments are. For example charge money for deeper access to your news, video etc. if they are useful of course.
"I believe in making the world safe for our children, but not our children's children, because I don't think children should be having sex." Smile

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#13
In according to opinion exposed higher, I think it's better have your own business, which will be organized and administrate by you. So, all the incomes will be taken and used in a personal mode. But, there are a lot of negative elements like expenses, high responsibility, financial risks which may kill your activity.
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