Thursday, August 21, 2008
Weath ideas for 8/2/08
Consult your way to thousands per month!!
If you have specialized knowledge of ANY kind, a great business to start is a consulting business. This is something that can be started from home on a part time basis and can grow as your knowledge and confidence in the business grows. Make sure to pick a subject you absolutely love and one that you will be very interested in continuing to study. One of the main reasons why many businesses fail is because people do not take their interest/passion into consideration. Many people are basically looking to get rich without realizing that it is 5x times harder to get rich in an area you dislike as one you like. Self analysis is extremely important. If you hate kids, for God's sake don't try to open a daycare! You will be a colossal failure. Not to mention the poor kids will suffer. If you have specialized knowledge of a particular thing (or are happy to gain said knowledge) then you can be a consultant. It simply means that you would get in touch with companies in your field, and let them know about your service. with (Ads, post cards, fliers, phone calls, or word of mouth)Keep in mind that WOM is much slower and this would be used as a sole means of advertising only, if you want to build very slowly. An easy way to do this biz is look in the paper for help wanted ads. You can contact these companies and make an appointment. See these people regarding problems they are having with various aspects of their business. Talk about how you can help them with new ideas, implemented strategies, or various other solutions. Talk about SOLUTIONS with them. Tell them what you can do for THEM! Price yourself at about double-triple what they would pay their employees and get to work. Some common business problems are:
1. Fiscal mismanagement
2. Employee theft
3. Overage of overtime
4. Need to downsize to survive
5.Need to curtail expenses
6.Need to meet Labor/Union stipulations
7.Need to stay competitive
8.Need to come up with fresh image/logo/sales letters etc...
I'm sure you get the idea. You can find a million problems in everyday businesses. And remember that (or buy on Ebay ) on this subject is called; How to succeed as an independent consultant by Herman Holtz Publisher John Wiley and Sons605 third Avenue New York NY 10158
Get Rich with old family recipes!
Did you know that some of the most popular restaurants in your town are probably so popular because of one or two 'favorite dishes or deserts'! Well it's true. Many of the most popular places in any town usually are known for some specialty, which is quietly making the originator of the specialty rich! For instance. I know someone who makes fabulous fudge. She has been making it for years. Well one day a friend of hers convinced her to let her place some on the counter of her family restaurant. She wrapped it nicely and added labels and neatly placed it near the register. Well the result was instantaneous. People clamored for it and begged for more. Soon other restaurants were begging as well. This lady does not want to go nationwide (although she certainly could) she is a little old lady now making 20.000 per month by selling her fudge to restaurants (in other nearby towns) and making it exclusively for this particular restaurant. You can do this too. Some of the most popular dishes in family style restaurants come from ordinary people who have a great recipe. Careful as this is one that can go so big, you'll feel lost and scared. So get a good accountant and try to control the growth. My father, God rest his soul was a fantastic cook. Even better than my mother (and she's a very good cook) He had a pizza recipe that was out of this world! I have never tasted anything like it. And everyone always said the same thing. Whenever he had a pizza party, as he called them. People would beg, plead and pay anything to get in! Restaurants heard of him and offered him money, shares, anything to get that pizza. Unfortunately, daddy was not interested. I think I have told y'all before my father was extremely talented in many ways, yet totally unmotivated to do anything with that talent. He always promised to give us the recipe, but he never did. To this day, we have made thousands of pizza's trying to figure out how to make them taste like his-to no avail. My point is: It really does not do any good for God to bless you with a talent, you refuse to use. Daddy could have made millions in 25 different ways if he had, had a little motivation and desire to do so. But he did not and so he died taking all that wonderful talent with him.... So just know that I can give you all the business ideas in the world, but if you don't have motivation and desire to use them-they can never work....This is a business you can make millions in if you are willing to work hard. It can grow faster than you would believe. Simply take your special recipe and let restaurants try it. Let them see if it will sell. Take it to several and have a nice looking business card wrapped with each item. (with phone number incl. ) If your phone starts to ring off the hook-honey, you are on your way! Get a good accountant and try to control the growth so that you are not overwhelmed.....
1000.00 per week reupholstering furniture (part time!)
Did you know that you can make up to 1000.00 per week upholstering furniture? Well you can. And it does not require much time to learn the skill either. You can Google furniture reupholstering and get started learning for a very modest amount. With the economy in the shape it's in. Many people want to save as much money as they can. Many people would love to have their furniture 'redone' instead of paying for all new furniture. We recently got a new leather couch and love seat set and it was over 2000.00!! So you can see why many people would love to just redo the old. Now this will require someone who has a love of fabrics, style, colors, etc. IOWs someone who has decorating tendencies and loves to make old things new. People please, if this sounds like slave labor to you, then don't waste money buying a kit. You will not be successful in a business you hate. On the other hand, if this sounds great to you read on. The Modern upholstery Institute will practically walk you through how to get started. With tips, samples ads etc. You can work with homeowners, hotels, motels, offices etc. Businesses are great clients because they really do not want to waste money on new furniture that only customers will use and not family members. You can build this as large as you like and remember you can email me with questions at asktaylor1991@yahoo.com _____________________________________________________
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