Latest / Maintaining Your Badassness! / Part 2: Job Loss Stop Your Mind Fuck!! Start That Business Today! This is the most sure-fire way to maintain your finances if you lose your job or are forced into retirement.
Transcript
- 0:00. . It's time for you to elevate. Stop procrastinating
- 1:21and start that business you've been thinking
- 1:25about for years. Just take the leap. Don't sit
- 1:33on inside of your bed. Don't sit on your couch
- 1:37fantasizing anymore. What if what if you keep
- 1:44going through the steps in your mind? Stop your
- 1:51mind fuck And get into action This is how you
- 1:59can create a business for less than a hundred
- 2:01dollars. Let's get into it Number one, think
- 2:17of a business idea which aligns with your hobbies,
- 2:37something you enjoy doing, and something that
- 2:44is needed. Now you can think of a business idea
- 2:50that's already out there, but you need to elevate
- 2:53it. Because if it's already out there, there
- 2:59are more, even plenty, businesses that are doing
- 3:05the same thing. You need to elevate it to make
- 3:08your business Stand out. Choosing a low cost
- 3:20business idea is free. This doesn't cost you
- 3:26any money, but time. Because you don't need money
- 3:33to brainstorm, only time and strategy. If you
- 3:41like to teach, you can tutor. Think of an area
- 3:47you're good at, you excel in, and people come
- 3:51to you for advice. Consider consulting. If you're
- 3:58creative, think of content creation. If you like
- 4:03to sew, become a seamstress. Like I did when
- 4:08I retired. Three months later, I opened my office
- 4:14and did my tailoring, altering, and custom clothes
- 4:25making full time. If you like to draw, you can
- 4:33become an artist. Become a paid artist. Like,
- 4:38you are spending all money. You like pets? You
- 4:45love pets? Consider pet sitting. Do you have
- 4:49a backyard that is big enough for maybe four
- 4:53or five dogs? Do you have an inside enclosed
- 4:57area for cats? That'd be perfect for pet sitting.
- 5:07Do you love kids? Maybe you want to become a
- 5:12teacher, but you also can become a childcare
- 5:22operator. There are many businesses and you have
- 5:31many opportunities to make money around you.
- 5:39You like selling you have old shoes sitting around
- 5:45Nike's you can convert into your own style Go
- 5:51to the thrift store pick up some shoes for 99
- 5:54cents make sure they're clean and then paint
- 5:58them That's step one Step two Now this is a step
- 6:13I skip Until Maybe somewhere in the middle create
- 6:26a simple business plan Because when I started
- 6:31I just jumped on eBay in 2005 and start selling
- 6:36as a hobby but when I started making enough money
- 6:41that required me to get a business license and
- 6:45sell taxes. That's when I created my business
- 6:48plan. So, create a business plan. Something like
- 7:00defining your services or your product. to consumers.
- 7:14This is a simple outline that will help you start
- 7:19your business plan. What problem are you going
- 7:23to solve? What makes your business different
- 7:29from other similar businesses? Who or what will
- 7:36you serve? What makes your business different?
- 7:48And think of your first five paying customers.
- 7:51It can be your family, friends, even strangers.
- 7:58I find that strangers will support you quicker
- 8:02than family and some friends. You can find business
- 8:14plan templates at some office stores and definitely
- 8:19online Pick a Business name I Would pick a business
- 8:33name before I start my business plan that should
- 8:38be the first two things you do Either one Choose
- 8:45the business idea and then choose your name and
- 8:49then write your business plan if needed at that
- 8:52time If you have trouble think of business names
- 8:58that's AI Then You can check the county clerk's
- 9:13office, your county, or if you're ready to register
- 9:18your business name, go to the state, get the
- 9:27required paperwork, and register your business
- 9:30name. And you can often do this online. If you
- 9:45have a small business office in your area, most
- 9:51states have at least one and most cities have
- 9:58one. So look up SBA .gov and find one in your
- 10:05area that you can go to or you may want to call
- 10:10first because You might be able to solve some
- 10:15problems over the phone first Now here's where
- 10:24you would start paying money After you Choose
- 10:30your business name Register it with the county
- 10:36and state And then start building your online
- 10:45store social media accounts whatever Then you
- 10:54would pay maybe $19 $20 for domain name a year
- 11:05If you get your own website You pay probably
- 11:15Maybe ten twelve dollars for hosting You don't
- 11:30even have to Get your own domain name right now
- 11:36you can use sites such as wix .com It is time
- 11:48for our commercial break. We will be back shortly.
- 12:15twenty cent to list of course they take fees
- 12:20when you sell your product GoDaddy they charge
- 12:31for domain names and you can often build your
- 12:36own store you don't have to hire anybody to build
- 12:41your store because most Companies have a simple
- 12:51template to start building your store. TikTok
- 12:58is free, Facebook, Instagram, Google Business.
- 13:09What are those? There's so many websites out
- 13:14there, social media sites, you can log on to.
- 13:18I'm thinking Snap. What is Snap? I don't know.
- 13:22But you know. You know what social media sites
- 13:26you can log on to. If not, just Google it. You
- 13:38can even sign up with Canva. They have a free
- 13:42plan. Canva. Who else am I thinking? It'll come
- 13:58to me in a minute Think of a logo to match your
- 14:08business name and your business concept Logos
- 14:13will attract people more often did not have that
- 14:19logo because usually from your logo people can
- 14:25guess what you're selling if you don't have a
- 14:30tagline. Like I said, your family, friends, coworkers
- 14:37can support you and you can start selling immediately
- 14:41with those people who are around you. even if
- 14:51you have a farmers market in your town you can
- 14:59sell anything at the farmers market homemade
- 15:01pies homemade cookies you have a garden in your
- 15:06yard pick fruits and vegetables and start selling
- 15:11those at the farmers market Market yourself for
- 15:28free using social media Your groups you belong
- 15:35to on Facebook word -of -mouth Flyers you can
- 15:40print flyers at home. I've done this for years
- 15:44flyers Before social media came about where the
- 15:49thing oh my goodness threefold fires I Remember
- 15:56doing that on my Canon software that was so fun
- 16:01back in the 90s and Late 80s You can Contact
- 16:13some community organizations around you and you
- 16:18can advertise in there if your target is college
- 16:22students like You love updating resumes. You
- 16:26can start a business, a resume business. Look
- 16:29up the local college newspapers and advertise
- 16:33in there. That's free. And if you're doing this
- 16:48with $100 or less, Only buy things that are necessary.
- 16:56You don't need to go out and buy a new laptop,
- 17:00a new phone, new microphone, whatever. If you're
- 17:06podcasting, you don't need a microphone. You
- 17:09can use your computer's microphone on your phone's
- 17:11microphone. And later on down the line, for aesthetics,
- 17:16get a microphone that you like. Microphone. does
- 17:20make hosting and podcasting more believable or
- 17:28more attractive. But you don't need to go out
- 17:35and buy new stuff right away. And when you earn
- 17:44your money, reinvest it. of course go out and
- 17:49buy you something to celebrate your first dollar
- 17:55you earned but reinvest most of those earnings
- 18:03into better tools a simple website that you can
- 18:09build on your own wix .com you don't have to
- 18:12pay for the simple website let me see then you
- 18:27can start paying for ads and you can get better
- 18:32coverage I think Craigslist lets you advertise
- 18:39for $3 something like that and If you're giving
- 18:48something out, if you're not soliciting for anything,
- 18:55you can advertise free in some sections of Craigslist.
- 19:07Business cards. You can print your own business
- 19:10cards. You have a computer. Go to word and in
- 19:18the templates type in business cards template
- 19:22will pop up go to Staples Walmart get some heavy
- 19:31cardstock paper And print your business cards
- 19:36Yeah, Avery software Avery The Avery site will
- 19:47help align your business cards, but you can do
- 19:51it without Avery. You can do it on Word. You
- 19:56don't even have to have the business card template.
- 19:59I've done this many times. Just line it up as
- 20:06big as you want your business cards. Copy that
- 20:10first card throughout the paper. Probably get
- 20:14six on the paper. And print. I'm going back to
- 20:23some examples of businesses. You can start for
- 20:27under $100 or free. Pet sitting or dog walking.
- 20:40If you like home care, you can... Become a senior
- 20:45home companion You can Clean out people's gutters
- 20:53for free You can mow the lawn for Not for free
- 21:00not let me take that back You can start a gutter
- 21:04cleaning business for free a lawn mower business
- 21:07Just with a lawn mower You can tutor for free
- 21:14like most students already have books already
- 21:19have pencils and paper you can even tutor online
- 21:24with teens or with zoom or even on your iPhone
- 21:32like what's it called when you look at the face
- 21:45But you know what feature I'm talking about.
- 21:47It's like 3 30 in the morning and I'm trying
- 21:53to think but you know, I'm talking about You
- 22:04can have you can do bookkeeping that's that's
- 22:09free to start You can use you can do If you have
- 22:15a truck, you can start your clean out business
- 22:18or moving business, small items, until you raise
- 22:24enough capital to get a bigger truck. So these
- 22:30are some of the things you can use, some of the
- 22:35tools you can use to start a business tomorrow.
- 22:41And one point. You can start a business without
- 22:46a license Just so long as you apply for a license
- 22:52as soon as possible And there you have it Tune
- 23:00in for part three of Maintaining your income
- 23:13if all of a sudden you get terminated or if you
- 23:19have the option to retire early. Let me know
- 23:29if you have any questions, comments or if you
- 23:36would like for me to cover a certain topic on
- 23:42starting a business for under $100. In the meantime,
- 23:55go get your bag because it's about to be ready
- 23:59soon.