.jpg){kind=avatar}
Behind a paycheck, the largest source of income for the 1% highest earners in the U.S. isn’t being a partner at an investment bank or launching a one-in-a-million tech startup. It is owning a medium-size regional business. Many of them are distinctly boring and extremely lucrative, like auto dealerships, beverage distributors, grocery stores, dental practices and law firms
“This is how sexy it is: The average elementary school in the United States has 7 miles of carpet—and children are disgusting,” said Olson, chief executive of National Flooring Equipment and the father of two, chuckling. “So elementary schools basically need their floors redone almost every summer. It’s this niche industry that no one knows about and everybody needs.”
https://www.wsj.com/business/making-money-wealth-boring-8cc6c2cd?st=wzuiY4
unknownx500
