I am already in real estate so that sector I am not looking in to. Also my father instil this 24/7 work hard philosophy in me so I don’t like to do investments. The reason i dont want to do more real estate because i want to diversify. Few businesses that I have shortlisted but I don’t know the scope

  1. Ecommerce with private labeling as I have good connection in China.

  2. Auto parts from China.

  3. Staffing agency

  4. Distribution of material from factories or big companies to wholesellers

If another idea that you think is successful please share

  • Berty_Puddlebottom@alien.topBEnglish
    1·
    1 year ago

    With that kind of money you can buy a business that’s already established, thus helps you get off the ground much quicker, if you put down 500k and do some seller financing you might be able to buy something worth about 1m. If your struggling to choose an industry, maybe just look for a business you think you can turn around. Sell once you’ve increased the value, repeat.