I've been thinking for some time about a way to make some extra money. All the time I hear about someone who started out with some little idea and ends up turning into a HUGE successful money-making business. Well, I have an idea.
I'm not ready to share it yet because I need to talk to Scott some more about it and do some research. I mentioned it to Scott tonight at dinner and he didn't seem to mind. I said that it does cost to buy the kit to get started, but I didn't elaborate. Basically, to start my business I would need to decide how much to invest. A) $250 and then I get a 35% discount on everything I purchase to re-sell. B) $500 and I will still get a 35% discount on the products I purchase for re-sale. C) $1000 purchase and I will immediately earn a 50% discount on any purchases that I make for re-sale.
Ok, I know this looks a little odd since I'm not saying what I'm thinking of selling. I've just been thinking about this for a while and our friends, Jim and Lisa, came up from Ohio this weekend and we got talking about it. Lisa's friend has made quite a lucrative business and makes a shit-load of money.
She has a niche. She focuses on a particular area and in just two months she made $30,000. That was all her money, free and clear. Now, I know that she must have busted her ass, but the idea she has is a great one. The best part is, if I were to start this new business around the time my taxes come, it'll be perfect timing for the area I want to focus on.
I know, I'm not giving you many details. I'm just wondering if I really want to go out a couple nights a week to do in-home parties for people? I sold Mary Kay alot of years ago and it was tough to be away from home when my kids were home. It's so different now that Scott is with me, he's actually a dad and I don't have those problems with him.
Anyhow, I think to myself....if I never take a chance I will never improve my situation. People succeed in life by taking chances. This type of business, that I'm thinking of investing in, is not over populated here in Michigan. Seriously. Tupperware, Avon, Mary Kay, Pampered Chef, and Tastefully Simple.....you can't turn a corner without running into someone who sells it. This, is different.
I read on their website that the company gives away over $4million in luxury trips each year, bonuses, cars, etc. I'm sick and tired of sitting here waiting for something good to come along. If you want something, you have to go out there and get it for yourself. You can't wait for someone to hand you success, unless your name is Kennedy or something like that.
I'm pretty sure I want to do this, but I think I'll do it a little different than the way I've approached other things. First, I'm going to write up a business plan. For any small business that a person is trying to get financed, the first thing the bank wants to see is a business plan. So, I'm going to put together a business plan with the intent of making the $1000 investment.
I'm going to research the cost of advertising, and I'm going to research where I can advertise to reach the people I'm looking for. I want to be cost efficient and I want to be successful. That will be my project for the next month. I may even take a notebook with me for our drive to Montana., That will give me something to do, work on my business plan.
I'm going to need that in place in order to convince Scott to let me spend money to get started in this business. We've both made really stupid financial mistakes. If I want to get into this business I will have to wait until our tax returns come back next year. I don't have that kind of money laying around, but I might be able to work on Scott and get him on board with this.
Wish me luck.
I wish you the best of luck with whatever this business venture is. If you've got the money and ambition, and have done the research to make sure it could prove lucrative for you, I say go for it. The worst that can happen is that you lose the $1000 right? Take a chance; you won't know unless you try. :)
ReplyDeleteThanks for the encouragement! When I sold Mary Kay, I was really quite good at it. We'll see how htis goes, I haven't committed anything to it....it's just an idea at this point.
ReplyDeleteWhere are the Montana pictures????
ReplyDelete