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In this video I review the commonly known "low failure rate" businesses. Spoiler alert: they suck. As a seasoned CEO and a veteran in buying, selling, and starting businesses, I've experienced both the highs and lows of the entrepreneurial journey. ---------------------------------------------------------------------- ► If you liked this video, check out my recent video: • The Secret to Wealth: STEALING ► Join 30,000+ By Subscribing To My Newsletter: https://www.girdley.com/newsletter-yt ► Follow Me On Twitter: / girdley ► How to Find a Great Business to Buy Course: https://bit.ly/findgreatbusiness ---------------------------------------------------------------------- We constantly see lists showcasing businesses like laundromats, self-storage facilities, and transportation services. But the truth is, I don't want to own any of these businesses. In this video I share my personal insights on why these businesses, despite their low failure rates, might not be the best options due to high capital expenditures, operational challenges, and risk factors. Let me introduce you to what I like to call "nice life businesses" - business models that not only have reasonably low failure rates but also offer a great work-life balance, low capital requirements, and sustainable growth potential. From niche consulting to real estate private equity, I break down each business type, explaining why they're worth considering and how they align with long-term financial and personal goals. ---------------------------------------------------------------------- 00:00 Introduction 01:04 Low Failure Rate Business 01:29 Laundromats 02:59 Self Storage 03:38 Transportation 04:21 Rental Property 05:18 Vending Machines 06:18 Senior Care Centers 06:59 What Are Nice-Life Businesses? 07:33 Niche Consulting 07:56 Digital Agency 08:55 Franchise Owner 09:50 Real Estate Private Equity 10:43 Staffing Firm 11:46 Commercial Real Estate Broker 12:45 Financial Planning