5 Businesses with Crazy-Low Failure Rates

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Published 2023-11-21
Ever wondered what it truly means for my business to 'fail'? Join me as I break it down in simple terms. Plus, we'll be taking a closer look at 5 businesses that have crazy-low failure rates, offering insights into their success stories.


šŸ”¹ Want to build your own Netflix-style subscription business? Uscreen makes it ridiculously easy: gillianperkins.com/uscreen


0:00 Intro
0:52 Business #1
1:58 Business #2
6:16 Business #3
7:37 Business #4
9:25 Business #5


// WHAT TO WATCH NEXT

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Change This ONE WORD to 10X Your Sales Revenue Ā Ā Ā ā€¢Ā ChangeĀ ThisĀ ONEĀ WORDĀ toĀ 10XĀ YourĀ Sale...Ā Ā 

the #1 CTA for your website Ā Ā Ā ā€¢Ā theĀ #1Ā CTAĀ forĀ yourĀ websiteĀ Ā 

How to Write a Crazy-Effective Sales Page (+ free template!) Ā Ā Ā ā€¢Ā HowĀ toĀ WriteĀ aĀ Crazy-EffectiveĀ SalesĀ ...Ā Ā 

Who's on my team in 2023? [Half-Million Dollar Online Business] Ā Ā Ā ā€¢Ā Who'sĀ onĀ myĀ teamĀ inĀ 2023?Ā [Half-Milli...Ā Ā 


// LINKS

Learn more about Gillian and find resources to build your online business:
www.gillianperkins.com/

Follow Gillian on Instagram to get a BTS look at what it's like to be a digital entrepreneur: www.instagram.com/gillianzperkins/


// FILMING EQUIPMENT

Main camera: amzn.to/3rhibrl
Clip-on lav mic: amzn.to/46DwN4n
Tripod: amzn.to/2w7sIJ6
Main light: amzn.to/3HHHhFX
Other lights: amzn.to/2OKhzEv
RBG light strip: amzn.to/3WmuPiR


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All Comments (21)
  • Like #6 šŸ‘šŸ», The most difficult thing is to have the capitalšŸ’µšŸ’µšŸ’µšŸ’µfor start the business. Best regards from Panama šŸ‡µšŸ‡¦
  • @wyrdwitch13
    Great video! It was a pleasant surprise to see you out in the wild-and an even bigger surprise to see you in the same town as myself!
  • Gas stations not only fail (all the time) but they are incredibly expensive to run (with all the restrictions, etc). My family owned a garage with gas for MANY MANY years (passed down from father to son {my step dad} and there came a point where they had to let the ā€˜gasā€™ part of it go so they could run their garage instead of pouring money into the gas station part. The garage did well WITHOUT the gas station but donā€™t believe the lies that gas stations do well and never fail.
  • @daveedmunds137
    Great video , will need to buy a gas station to pay for the nursing home care i will need in a few years šŸ˜€
  • Gas stations are a great example. People need to stop at the gas station in order to fill up and buy some snacks šŸ˜ŠšŸ˜Š
  • @Tshirt19891
    Hello.....,,,,mom your so very nice about the business work...hoping your busines never fail,,,,
  • @TheRm65
    Retirement homes may be high-margin, but they're also high-liability. Finding reliable help is very difficult, investment is high, regulation can be an issue, and -- frankly -- most retirement homes are horrible.
  • Another awesome video from the beautiful Gillian and it's inspirational and informative as always. Great business ideas even though some are out of reach for some to start ( the gas/petrol station and the nursing home). Love šŸ„° the video and love šŸ’ž Gillian.
  • As for whether or not Subscription and Membership Services work that is dependent on a lot of factors beyond your control that may affect the overall performance of your business and potential revenue. You may find yourself shelling out tons of content that fails to generate a high level ROI, especially if you sold the guaranteed, no questions asked refund vs the project benefits that exceed the customerā€™s needs or expectations. šŸ˜®
  • Digital Products are probably the easiest business model to implement on this list because all of the other ventures come with a high investment or operations cost, staffing and management requirements, excellent business management skills, a high investment marketing, along with a high level failure rate due to the lack of consistent customer service, staffing problems resulting in high turnover, poor performance, resulting in low profitability due to high cost expenses, šŸ˜® product chain supply issues, theft, fraud or šŸ˜¢, profit fluctuations. šŸ˜®
  • @Mohssin4147
    I'm the miserable failure šŸ˜¢šŸ˜¢šŸ˜¢ Gillian āš˜ā¤