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"

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