Monday, May 24, 2010
Coached an amazing women tonight on business strategies. There are so many ways to make money you just need to decide how much you want to make and how sustainable you want your business to be long term. Do you want a business that is saleable when your done working in it or do you want a business that when your done making a wage you just close the doors. I choose the business that when i'm done i want it to be saleable for many times book. (gross sales times a multiplier 1.5,2,2.5) you get the idea. If not let me know and i will be happy to go into it in greater detail. So the locksmith business turns out to be a business that is fairly recession proof in that when people feel uncertain about there future they want to lock things up. that is where i come in..i sell them locks and keys and certainty...So the question came up that are there other industries out there that are the same as this one and you know what there are....and i am happy to share those with you in future sessions. til then "live long and prosper"
Saturday, May 22, 2010
Starting over in Business
Well if your like me you just hit the ground at mack 1 and now you cleaning up the mess..well maybe its not that bad..but for me i Needed to put my time into something that could generate income right away with minimal investment..Well i choose to become a locksmith..Why you ask??? Well after a lot of research i didn't want to start another business that wasn't worth a thing after years of blood sweat and tears. So after 3 months and a lot of freaking work I'm in business..I would love to tell you more about how and what i did to discover what makes this Business and more an outstanding business to start..so what comes next marketing...and I'm learn at an outrageous rate..my head hurts..Your thought???
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