This Business Made Millions in Government Contracts
Manage episode 446190151 series 3560605
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In this video, we explore how small businesses can secure lucrative contracts with the U.S. federal government by providing garbage collection services.
We review low competition in the market, the significant funds allocated by the government to small businesses, and the substantial earnings potential—highlighting two companies that have made over $58 million.
It also emphasizes the importance of finding opportunities before solicitations are released and presents two ways to enhance the chances of winning contracts: hiring a certified advisor or going through a certification program.
Essential tips for navigating government contracting are provided, alongside an invitation to watch a related tutorial on finding opportunities on sam.gov.
00:00 Introduction: Profitable Garbage Business
00:16 Why the US Government Pays for Garbage Collection
01:01 Government Spending on Small Businesses
01:27 Success Stories: Small Businesses Making Millions
02:11 Low Competition in Government Contracting
02:49 Strategies for Winning Government Contracts
03:16 Increasing Your Odds of Success 03:39 Conclusion and Next Steps
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