Published On Jun 1, 2023
Welcome to this video featuring Ryan and Lisa Song, as we dive into the fascinating realm of mailbox rental businesses. Lisa shares her wealth of insights and practical tips for aspiring entrepreneurs venturing into this industry.
How Miss Nevada Built A $20M Venture Capital Fund - • How Miss Nevada Built A $20M Venture ...
Check out Lisa’s course here - www.Mailboxmoneycourse.com/course-enroll/ with code RYAN100 for $100 off!
Are you living The Wealthy Way? Take my free quiz with the link below and get FREE access to my course the “Wealth Builder Academy” where I go over all the fundamentals of building wealth in all areas of life.
https://www.wealthyway.com/
______________________________________________________
Here's how my businesses can help you:
Want to be coached by me on real estate investing? Apply at http://www.wealthyinvestor.com/case-s...
Looking to grow in your faith and business? Join the premiere community for Christian entrepreneurs and business people. Develop your leadership, discipleship, and your faith at https://wealthykingdom.com/
Are you an entrepreneur who wants to build their personal brand on social media? Go to https://wealthycreator.io
Want to utilize a full service social media agency? At Pineda Media, we film, edit, post, and personally coach you to create top level content and build your personal brand. Apply now! https://www.pinedamedia.com/
Want to partner with me to supercharge your business? Apply at https://www.pinedapartners.com/
You can invest in my real estate deals! Go to https://pinedacapital.com
Need tax and accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/
______________________________________________________
My other social media channels:
Subscribe to my real estate only channel "Wealthy Investor" / futureflipper1
Follow me on Social Media:
/ ryanpineda
/ ryanpineda
/ ryanpineda
______________________________________________________
Connect with Lisa!
Website - https://beacons.ai/lisasongsutton https://www.lisasongsutton.com/
Instagram - / lisasongsutton
LinkedIn - / lisasongsutton
YouTube - @LisaSongSutton
Lisa highlights the significance of strategic space configuration. An open area capable of accommodating over 1000 mailboxes is optimal, with each bank holding 220 mailboxes. This setup ensures ample capacity to meet customer demands and maximize profitability. By offering various mailbox sizes, such as small ($20/month), medium ($30/month), and large ($35/month), Lisa attracts a diverse range of customers.
In addition to mailbox rentals, Lisa has successfully tapped into additional revenue streams. All her employees are public notaries, enabling her to charge $10 per notarial act. Customers appreciate the convenience of on-site notary services without requiring prior appointments. Moreover, Lisa offers packaging and shipping services, providing added convenience while generating pure profit.
Lisa's savvy business approach is further exemplified by the low startup costs she enjoys. Repurposing a blank office building, she collaborated with a local carpenter to construct custom-built mailbox units at an estimated cost of $3900 per bank of 220 boxes. With high occupancy rates, Lisa anticipates earning around $7000 per month per bank of boxes.
Join us as we delve into the captivating world of mailbox rental businesses, guided by Lisa Song's expertise. Tune in to gain valuable insights and inspiration for launching your own thriving venture in this dynamic industry!