
Not every business owner makes money by performing services. Some entrepreneurs act as middlemen who connect clients with service providers. They manage the relationships, ensure tasks are completed, and then keep part of the earnings.
Chris Koerner from “The Koerner Office Podcast” recently interviewed Jeff, a concrete leveling service provider, who is on pace to gross more than $1 million in revenue within two years of starting his business. Jeff doesn’t have any employees, and subcontracts all of the work while maintaining his W-2. His margins range from 20% to 40% per job, and he currently earns 5-figures in monthly cash flow after three months of starting the company.