My personal debt experience, I talk about possible solutions, and my personal result and views.

The New Corporation Game

I’ve been talking about the benefits of owning a corporation for some time.  I’ve described you you can open a corporate checking account to avoid a personal Chex System problem, how you can “own nothing and control everything.”

For a good long while, there were primarily two states that received the lion’s share of new corporation filings –Delaware and Nevada.  And for good reason, they both had a long history of favorable laws protecting shareholders, officers and it was nearly impossible to pierce the corporate veil.  And they were relatively inexpensive.

After recently forming a new Nevada corporation, and getting hit by the extra business tax the State of Nevada drops on you, I wondered if there is a cheaper alternative.  See Nevada was at one time, the cheapest game in town.  You could make money with a Nevada corporation by doing nothing more than waiting 6 months to sell the empty shell.

The new game in town is still in the Wild West.  Wyoming corporations are the new Nevada corporations.  Cheap to form, cheap to maintain and of course, anyone with an internet connection and just a little patience can do it themselves.  It’s not rocket science.

Just think, you too could enjoy the secret that corporations have been exploiting over the public for so long.  With a corporation, you can appear to earn nothing!  I think I’ll go out and start another one, just to hold my intellectual property that I can lease to my other corporation.  Or maybe a loan!  The possibilities are endless when it comes to corporate debt and debt repayment is not income.  There’s income somewhere down the line but hey, it’s a company- it has expenses, it has debt, it can likely be bankrupt and did I mention that a corporate bankruptcy doesn’t mess with your personal credit??  Think on that.

Sucess the Rockefeller way

I want to own nothing, but control everything. —John D. Rockefeller

What does Rockefeller mean when he says to “own nothing”? Rockefeller was one of the richest human beings to ever live on the planet.  How can a wealthy person own nothing? Can success be found in owning nothing? I think so… and I am about to tell you how.

Disclaimer: The information in this posting is for entertainment purposes only.

Take what you think you know about owning things and throw it all away.  Corporations own everything and they are controlled by people.  The people that control the corporation have the power and wealth but no personal liability.  So what Rockefeller was really saying was all of his wealth was in his corporations and he controlled the corporations.

Many people enter into contracts with banks, leases, credit agreement, where their personal liability is at stake.  Why should you do that when you can have your corporation enter into those agreements. What difference does your personal credit matter when your corporation has credit.  A corporation can save you from all kinds of financial trouble. For example, you get a bank account and a deadbeat employer writes you a check that bounces.   In that situation, without a corporation, you could be personally liable for thousands of dollars from no real fault of your own. If the bank account is in the name of your corporation, there’s still the issues but it doesn’t affect your personal credit.  How do you think a bank feels about a corporation receiving a bounced check from another corporation.  It happens all the time and they just reprocess it until it clears.  But when a regular guy does it, they put you in Chex Systems.  Having a corporation can spare you all kinds of frustrations that the average person deals with on a day to day basis.

Have you every tied to complain to a company? Did it really seem like they cared? Some companies have gone a step further and have written terms of service that requires you to come and sue them in the city they do business.

Have you ever dealt with a company and though to yourself I need to get in on this scam! Well maybe you should. It recently occurred to me that many companies try to leverage your personal liability. Have you every tied to complain to a company, did it really seem there was anybody actually listening?

Get a corporation, sell a website or intellectual property or something to the corporation for 300k then take draws from the Corporation so that you don’t get a pay check.  You can deduct many more expenses from your taxes by having the corporation paying for your phone, rent, automobile, health insurance and the miracle is at the end of the year, the accounting shows that you didn’t actually earn anything.  Do you think corporations pay their share of income taxes?  The jokes on us but one thing is for sure, if you can’t beat ’em, join ’em.  I’m sure Rockefeller would concur.

The upside to being on Chex Systems

Just in case you were looking for an upside for being on chex Systems, my bank just tried to charge me a flat $9.95 a month for a checking account. Now, they didn’t offer me any lube with that!  Like I am going to pay $120.00 dollars a year for a checking account, you’ve got to be kidding me! It is not a good time to be a banking customer. Not being able to get a banking account might be a good thing.  Well, unless you get paid cash, you have to find ways to cash checks and they’ve got tons of bogus fees at the local check cashing places.  Hell, even the bank that issues your paycheck will probably charge you five bucks to cash it since it’s a “business check.”  Damn these greedy banks – and you know, the banks are behind Chex Systems.  It’s not like Chex Systems is a government agency or anything –just like credit bureaus, they’re private companies that sell your personal data for their profit.

What I’m trying to understand is why we allow this shit to happen.  As consumers, we should be able to make this stop.  Banks should be paying us.  It used to be that way.  Banks actually paid interest on deposits, not this half a point annually shit.  Maybe if everyone took their money out and stashed it in a coffee can we’d all be better off.  The other day I got a paypal payment from a customer–do you know how much paypal keeps on a hundred dollar transaction.  Just over $7.  That’s amazing.  I earned $100 but by the time it was in my bank account, it’s only worth $93.  Of course I can use a paypal debit card, just like a bank but if I want to withdraw cash, there’s the atm fees so really I’d like to get paid in cash.  There is so much money being stolen from us all of the time, it’s truly amazing.  Chex Systems can really put a damper on your banking situation but that expensive checking account, might be cheaper than paypal.

It is Scott against the world

Warning: This post contains explicit adult humor.

Do you ever feel like the water is starting to boil? Today was a day of reflection for me. Lately, I have been feeling like there is a mood or a feeling in the air, almost like consumers have become an easy target. Recently have been hearing lots of silly consumer related news stories going around lately.  This really got me thinking… you know when the best time to move in on somebody is? When I say move in on somebody, I am referring to a time that a person maybe extra vulnerable. In this economy I can’t really think of a better time for companies to take advantage of consumers and just fleece people of every last dollar.

One good example – Recently, I was looking to purchase a ticket on Allegiant Airlines. I mean the fares are cheap don’t get me wrong. But from the starting price, of $29.99, I had no less than 4 fees come time to pay. Four fees? Why?  I mean WTF! It just doesn’t feel right, I don’t get it? Why can’t you can’t just put the price? Works out well for the all the stores I go to. I look at the price, it’s 10 bucks, I pay 10 bucks. It is as simple as that. When I pay fees like this, I feel like another fee is coming any minute so I am afraid to do business with them. God forbid, they have my card! But i’ll tell you who got my business, Southwest!

Look at the banks – We are passing laws to keep banks from charging fees, isn’t that nice. A simple stop it…wasn’t good enough?  If that shit don’t make you think, it had better.

Car insurance – You got me started… See what you got going now? I just changed car insurance, I have never had a ticket or a car wreck but I get @ss F%&$ed everytime I get car insurance. I know lots of you use this Direct horse-shit, if you are not sure what “Direct horse-shit” is, this gives the companies direct access to your money, and as a reward for this, they give you a fucking discount. As for me, I wouldn’t give my mom my banking information. I pay with my Credit Card. So if they fuck me, as a reward to them, I charge back on their asses, and I love to write letters! Why can’t I get the same discount for just paying my bill on time?

Do you give your banking information out? Not me! When the banker dude gave me my little banker book and number, he told me never give this to anyone. You bet your ass I listened!

A buddy of mine calls me, he told me about what Dish Network did to him. He signs up for the bundle horse shit. They come out on Saturday to install it, he calls them on Sunday tells them it sucks. They refuse to cancel and try to stick it in his-ass. If it where me – I would get me a screw gun, take that dish down, I would paint the mother fucken dish pink, tie it to the top of my fucken car and paint Dish Network screwed me on the side. See what happens then. But that is just me…

Next time someone tries to charge you a fee, tell them – up your ass! I will take my money somewhere else, spend your hard earned money on your wife and kids!


My Craft

At one point I was doing these housing flips with investors in the Fort Collins, Cheyenne Wy area.

How to Easily Work Around A ChexSystem Problem

If you’re new victim of ChexSystems, let me tell you, it can be a real annoyance.  The clever misspelling of checks as chex, has nothing to do with the cereal of the same name.  ChexSystems operates like a credit bureau, collecting information provided by banks in a searchable database.  You don’t have to worry about your neighbors searching though; you just have to worry if you’ve gotten yourself into their database when it comes time to open a new bank account.  Let’s say, for instance, you accidentally wrote a couple of bad checks on an account (of course, it wasn’t on purpose and you probably paid late fees and made it good) and your bank closed your account.  There’s a very good chance upon the closure of your account that you were reported to ChexSystems.  You’ll know this is the case when you go to another bank to open an account.  While you’re sitting in front of the banker, they run your name and social security number through the database and if it comes up flagged in ChexSystems, the bank refuses to open a new account.  The bad news is just about every national bank subscribes to ChexSystems.  You might get lucky at a local credit union, particularly ones that offer “second chance accounts,” a popular trend in banking as many people in this economy are finding themselves flagged in ChexSystems.  The good news is I’ve discovered a fairly simple and fool-proof work around for victims of ChexSystems.  Of course, there is a dispute process and you have rights to contest your listing in ChexSystems and even get a free credit report after you’ve been declined an account because of a ChexSystems listing.  But you and I both know that these dispute processes are lengthy, in writing by certified mail, and almost never successfully ending in your favor.  Although we’d all like to believe that the underdog in this society can bring the David to Goliath, so to speak, but in reality, people almost always lose against a corporation.  So instead of beating them, let’s join them.  The best solution is often right in plain sight and in this case, it’s to form a corporation.

Luckily, the legal system we operate in has this idea known as a legal fiction.  Clearly established laws provide that an entity is treated the same as a person.  What?  A corporation, LLC, trust, or a partnership, basically any entity has the same standing in the law as a natural person.  Sounds bizarre, I know but this is how the law works.  When a corporation applies for a bank account, it uses its federal issued employer identification number (EIN) to open the account.  If it’s a new entity, it’s guaranteed NOT to be listed in ChexSystems.  For those of you at home, contemplating your ChexSystems problem, the solution is to create a corporation.  Also fortunate is the ease with which a Nevada corporation can be formed, online and for about $200.  With your new Nevada corporation or LLC, you can go to the bank and open a business account without worries of your ChexSystems problem because the account is not being opened with your social security number but the EIN.  To complete the financial rescue, notify anyone that pays you that you’re doing business as a corporation and to make the payments out to the corporation.  Additionally, you can take advantage of tax breaks by smartly filing an IRS Sub Chapter (S) election which allows the income to pass through to you, avoiding the double taxation of corporations.  I hope you’ve enjoyed this ChexSystems work around and if you need any assistance with forming your Nevada corporation, be sure to contact me.

If you’re stuck in ChexSystems, and need help, check out – they offer free advice.

Tricky Facebook tip for getting more traffic.

nsnameMost of you reading this already know about Facebook marketing and different affiliate marketing techniques. As a matter of fact, I think some of Facebook’s success can be directly related to affiliate marketing community. This doesn’t really help Facebook with all this money changing hands, Facebook is not getting one cent, and is struggling to monetize its service. This is on top of rumors circling about trying to charge members for Facebook. It will be interesting to see if Facebooks fate will be the same as craigslist, where a good portion of its development will be spent shielding other users from aggressive marketing. Read more

The dating website

Dating websites, love them or hate them – they’re undeniable.

Whatever you think about them, some dating websites have made a tremendous amount of money.  Think about all of the people that pay a monthly fee to find a mate.  It’s a billion dollar industry so, of course, it was something I kept in the back of my mind.

I too have joined the ranks of webmasters that tried to make a dating website. If you are not sure what I am talking about let me explain, being a webmaster, over time you will be approached with many ideas for websites, partnership offers, “best ideas on the planet”(so they claim) are proposed to you all of the time – multi level marketing, porn, and the like.  It’s like being a dentist and when you tell someone they go, “hey, can you look at my teeth?” When I tell people that I own websites the number one reply I get is “do you own any porn websites?” Everybody thinks that they can make money with porn even though the majority of porn ventures fail.  So you quickly learn to tell when ideas are a waste of your time. Read more

The challenge… I was clutched! [Colorado DMV fees]

So some days you got it, and some days no matter what has been going on in your personal life, you have to set that aside and dig deep, real deep… like the show, “Who’s Line is it Anyways?”, where the points don’t matter, hardcore. Well, today the points didn’t matter.

The week started out positive…made a good contact, we had lunch, chatted, and I came away feeling very positive and re-energized, not to mention, the food was not to bad either. So far so good until a passing thought came to my mind regarding my car registration…The thought was, “Damn I wonder if my car registration would be expiring soon.” So sure enough, when I went out to check my license plates, wouldn’t you know it…they expired on 10/09, what untimely luck. So now my positive week started turning sour.

To start out my adventure let me first say, as must of you that know and for those who don’t, I  had moved to another state recently.  Since we had moved we have been trying to recover financially, it has been a slow go at it, my business has been pretty much dead due to the move and time of the year we are coming to. Therefore, like anyone else in this bad economy…we are trying to push through! However, as I started out in my blog this week started off with a positive mark due to the jump start in my business with this new contact I made. Being excited I was thinking Ahhh…money, finally. My excitement was shattered when that sour twist of reality came to mind about my car registration.

And now my story begins, of course, I don’t have to tell all you how difficult the DMV’s can be. So I know you will relate when I tell  how ridiculous my experience was. It starts out with a phone call to the DMV, I was trying to get an estimate of what it would cost me to register my car where I live because, their website did not have an estimation calculator. After being on hold for a long time and having to listen to their recordings repeatedly, a lady finally comes on the line. I proceeded to ask her for a quote and she tells me “Sir we don’t give estimates over the phone you will need to go to our website and it is there you can get an estimation by using our estimation calculator.” I said to her your joking right and she replied no sir I am not. I told her if you had an estimator on your web I wouldn’t be calling you. She then said sarcastically sir you must go to the our website and use the estimator because we don’t give estimations over the phone. I yelled, What…what the hell, aren’t you listening!! I told I looked all over the website ad there isn’t one, that is why I am calling you and all I get for a response is… I am sorry sir we don’t give estimation over the phone. Needless to say, the experience was a joke, how do you register a vehicle without any type of posted documentation, estimations, fees, ballpark figures, something for out state registrations. Here I have out of state license plates I am trying to get a figure on what it would cost me since the DMV here doesn’t take Debit Cards or Credit Cards.  The phone approach didn’t work I decide navigate to the even more ridiculous Colorado Smog Service or as Colorado refers to it Clean Air Colorado to only found out that the involvement was more detailed then I thought from fees to processing. They just don’t run a smog test which runs against your VIN Number anyways, they also charge you another fee to do another background check on your VIN Number to ensure it is your car your smogging. What a junk fee grabbing society we live in, what is this world coming to!?…

Update to this story: I later find out that, this is normal. Colorado in fact will give you no pricing info over the phone or on the website for the registration of your vehicle, just bring a suitcase full of money and hope for the best.

After finding at out what I needed in the way of cash I wasn’t able to get the smog done right then because I had other things I needed to get done and along my way I planned to suck it up and let them stick me or the extra fees and stop in at the bank and go back. So things have been jumping like I said, I had been out running around town trying to make a living, meeting with people, dropping off the kids in the foot and a half of snow, that just fell on Denver. I mean my customers don’t give a shit if the Colorado DMV is just pain being an ass, the show must go on! Now mind you my tags had been expired about 5 days when I figured out I needed to register my car. The ironic thing is, my wife points out that there is another family in our complex with Nevada plates that have been expired since 6/07 and apparently they are in no hurry to get their plates changed and here I am freaking out over 5 days of expiration. What wrong with this picture…I am guess I am a freak of nature…I mean 5 days late, not the end of the world…. Know what I mean?

So after justifying myself I proceed on with my day. I am driving down the road, with expired tags of course and wouldn’t you know it a cop pulls me over. Why me, right, I mean, my tags have been expired 5 days? I had been dealing with this dilemma all day! Just to tell you up front, I am not really a fan of cops…I just don’t get the point, we should be able to just bribe them, why not? At least you wouldn’t see so many broke people being pulled over, what are they going to get off a dude in a 86 Buick? Seven bucks in cash, two bucks in change from the ash tray and a roach? Lol, most people don’t really think about stuff like this, but if you give some guy that makes $12-13 bucks an hour a $400.00 dollar ticket, you didn’t just ruin his day, you more than likely screwed up him for the whole month, if your lucky, or if he’s lucky rather… I am the first one to say, that cops are helpful when someone goes bonkers in a shopping mall and starts killing people. We need a volunteer to run in and get that stupid f&^$er, but some of these cops, forget that it says on the side of the patrol car, “serve and protect.” Now a days you got to worry if they are going accidentally shoot you in the back, then  try to cover it up, so they don’t end up going to jail. How sick is that? Cops…these guys think they are some kind of under-paid Super Hero, go out and fight crime on a janitors salary, no way. The bad news is, in real life there is no cape crusader, the good guy don’t always win, I mean never wins, courts don’t work and in real life the good guys dies and its a tragedy and what do we do, we make memorial funds…sorry for the cop rant. I could go on and on…hmmm…. I feel another blog coming on just own my views alone. Anyways,  I couldn’t help myself.

Back to being pulled over, I knew I needed something, but I didn’t need this ticket! The run of the mill excuse, dog ate my homework, wasn’t going to fly, he was walking up to the car, and I am racking my brain for something good… I decide to tell him I had the Swing Flu…right? Blame it on the Swine Flu, why not… as the cop was walking up to the car I started to  rub my eyes with my fist and twisted them and tried to make them red and watery. When he came to my window he asked for my license. So I started fumbling for my wallet coughing on my hands, being as nasty as possible, doing everything in short of licking my license,  he takes a quick look, gives me my license and tells me to slow down. What luck was that…fate was no my side, or he just didn’t want to get what I “supposedly” had… so of course I didn’t hesitate I went right to the DMV.

As I walk in the door to the DMV, this the guy blurts out “Can I help you?” I felt like saying, “Yah, shut up and sell me some plates…double cheese burgers are on sale across the street for .99- cents and hurry!” But I wussed -out, and said “I need to get plates for  my car.” You know what this guy said? “What kind?” And I said, “The plates you normally get for the front and back, you know…the ones that go on all the cars?” Unreal, sometimes you just go to shake your head in bewilderment. Here I go getting off track again, but it’s a joke, funny how life works sometimes, however, I did get my car registered and life is back to what I call normalcy in my world. Though, I can’t help imagining how fascinating it would be just to kick back and watch my life events…just can’t help chuckling right now…oh well! In closing, when smogging your car there will be redundant fees and with the Colorado DMV, as it turns out, does not give estimates for your registration cost over the phone. They don’t post anything that will even give you any type of assistance in the way cost or ball park figures, nothing, not even throwing you a bone; absolutely no hints in the costs of what could be coming. Obviously registration cost are not going to be in the millions or even in the thousands.  But, it would be nice to know where you somewhat stand before walking into to the Colorado DMV and it sticker shock. Who knows… it is just me? How could you know what to expect with things just so open-ended.

The Hierarchy of life

I have been a little dry on content for my blog, but no worries, I still have a ton of good stories coming.  The other day my friend and I were chatting and it came up that he was making $1200.00 a month. I had all kind of thoughts that started going through my head at that point. I started thinking… I don’t know if I could do that. I was sitting there and thinking to myself, if I was offered a job for $1200.00 bucks a month, would I take it? A part of me is really ashamed to say, that I would say, “No, I pass.” I started to ask myself…why? It’s not really that I feel this would be beneath me, as much is it would be, I am worth more then $1200 or any low wage. I feel like the company that is hiring me would be getting a bargain. Of course, that did not come out right, but it is kind of the same way I feel about minimum wage. Minimum wage, was designed to protect stupid people, if we didn’t have it, we would have people working for almost nothing. Trust me, I could see people working for 2-3 dollars an hour maybe even less. Don’t forget, that we have to pass laws to protect people from banks in this country. This also works out well for the US. I mean, look at places like Mexico and India. Having a minimum wage helps the Country avoid really heavily poverty stricken communities. Can you imagine a place in the US where people lived and only made $1.25 an hour? There are people walking around, complaining that minimum wage is not high enough. Some people feel like their only chance to really make more money is for the legislation to raise minimum wage.

Fact about where I live the minimum wage is  $7.55 per hr.

I think the elimination of a minimum wage would allow for higher salaries and a more appropriate wage for people with lower skills.

Need some holiday cash? How you can make some money, just in time for the holidays!

Need to make some money this holiday season? Sometimes when you need money and your all stressed-out, you may miss an opportunity to make money that is front of you! With the holiday season quickly approaching you can make money installing Christmas lights. It’s so simple that anyone can install Christmas lights and with a few bucks, you can ease your holiday stress by putting some easy extra money in your pocket!

To get your small business started:
– You will need 2 ladders, 1 10-20ft. extension, 1 – 6 foot painting ladder.
– Staple gun.
– Bulk hanging hooks, for the lights.
– Test light, to test strands of lights, Maybe good idea carry some replacement bulbs in a tool box, you can get these at Wal-mart.
– Few hammers and nail bags, some hand-tools and a buddy!

*Quick Tips:
You can buy a few indoor-outdoor extension cords and extra bulbs  to sell for people that don’t have them.

How to advertise your Christmas lights business:
– You can make few thousand fliers and pass them out.
– Buy some cheap ad space in a local widely read publication.

*Quick help:
To help sales you can add that  proceeds help local homeless or children, people always like to help a good cause!

Helpful hints:
– Careful not to damage the house with the  ladder, tape rags to the ladder so you don’t scratch the gutters.
– Careful how you fasten the lights to the house. You don’t want to damage the house.
– Ladders are very dangerous, always work with a buddy and have him hold the ladder.

And if you want to take this idea to the next level you can also, start a WordPress blog and collect payments with Paypal.

…and don’t forget when Christmas is over, go door to door ask to take them down!

Have a great holiday season!

Can’t get a job? Make money with a WordPress blog!

Jobs of any kind are hard to come be these days, and if you are having a hard time well you are not alone. Many people are taking pay-cuts just to put food on the table!  Ex CEO now drives pizza and makes $7.00  bucks and hour. This is where you find out if your hot girlfriend really loves you! So you really thought when she said, “I love fat balding guys.” She was actually serious? Nothing stirs up hate like a little lack of money. So how bad is this recession? It would be hard to comment on the true effects of what happen in our economy.

It is a great time to hire someone, if you are in the market for employee, your in luck. The market is flooded with over qualified people at bargain prices. Employers are doing their best to get the most for the least amount of money. Working for free, is just a waste of time.

Workers telecommuting from overseas is going to be the next big boom. People will cross our borders in a much different ways in our near future, via our computers. Cyber-immigration, the cost is low, the service is great and very reliable! But these people come armed, they are highly educated and very dedicated.

30 days outsourcing in India – Watch more Videos at Vodpod.

30 days outsourcing in India – A laid off programmer from the US goes to India looking for his job. What he found is probably something he would’ve never imagined.

So how can you to come out on top?
Establish friendships, it is very interesting Facebook has emerged so successful. The people that you know are going to be the ones you can count on for support, building lasting friendships will secure your future.  So network!

If you need a change of scenery, and looking reinvent yourself let me recommend a few places. (some food for thought)
– Living in RVs is making a big come back, besides you can live on the beach for $800.00 a month in park fees. How bad can that be waking up next to the ocean. Or you can ruff it and stay at Wal-Mart as they welcome RV over night parking. RV parks are cutting deals, attendance is way down. Why not, camp out till the market comes back!

Oklahoma City is having a tech boom! That’s right, companies like sprint are paying good money, housing is cheep and its the bible belt! The fishing is great, so how bad can it be. (When I was younger I spent a few years in Oklahoma, I kind of liked it.)

Texas is also doing very well, you might want to considering moving if you are in debt, as they also have very favorable consumer protection laws, making nearly impossible for debt collectors to touch you. Bud Hibbs <<< if your in debt, this is your guy.

– If you don’t need a job, you might want to consider moving to Michigan. You can buy a house for about the cost of a VCR.

California, there is a mass exodus going on. but if your in health care, your in luck!

Blackhawk Colorado, if you anything about gambling, you got the job! I am not joking.

– Start a WordPress blog for under 10 bucks!

How to turn a $500.00 investment into $100,000 profit!

Ok, I just had this conversation with someone else, people ask me the same question all the time… “How can I make money on the web too?” Everyone in the world is chasing the same dream. Everybody wants to make money and everybody wants to be rich. All over the web people are trying to sell get rich quick ideas that may or may not work. So I thought I would explain step by step how to turn $500.00 bucks into 100k . I just don’t think people really understand how easy it is to make money in this world! I have listed tons and tons of small business ideas anyone can do for under one thousand dollars, this is why I started this WordPress blog. To share these stories with you.

Every business earns its first dollar before earning a million.

Small Business Ventures

  • Buy and sell on eBay. (Get started for under a buck!)
  • Start a WordPress blog. (You can get a website idea produced for well under $1000.00 dollars everyday of the week.)
  • Start a DMV runner business. (Less than $500.00 to get started.)
  • Start a handyman business. (Less than $1000.00 to get started.)
  • Broker deals.

There are millions of small business ideas, you can do with just a few bucks! If you have a job, then you are providing a service for the place that you work everyday. Have you ever looked over the cash register, and thought… “I can do this myself.” So why not? Why you can’t you hire yourself?

My point is to not plug my own WordPress blog. But I want to show you that business opportunity exist all around you, small business’ are everywhere. I mean think about it… You think Juan the Lawn guy saved up 15k, and invested in to a truck and lawnmower and some weed-wackers? Nope, in fact he probably all ready had the truck so we won’t count that.  He most likely picked up some nicely cared for lawn tools from some rich dude at a garage sale for a few hundred bucks that was moving into a retirement home.  I think it was the USA today newspaper who wrote a news story about, the doggy pooper-scooper, which is a one hundred thousand dollar a year business. Tell me what it cost to get that started? 50 bucks? It is out there… You can find it. The problem is that most people insist on wanting to buy someone else’s idea, but to worried about buying your own. The cost you are paying for someone else’s idea is for him to produce this for you. All you are doing is paying for his idea. It all comes down to this… The purest form of a small business, and what America was founded on.

I am trying to explain how to do this, for this example, I am going to go with the website because I know it, and I can give you the best chance for success by explaining to you something I know about, and can give you data. So you get yourself a website that cost you $500.00 nice round number, these days you can get a lot developed at this price. You can’t really expect something great from anything less. Now it doesn’t really matter what the subject of the website is, so we won’t even go there. It is somewhat a factor when accelerating your results, for example, if you have a 1% conversion to sale rate on your website, you might raise it to 3-5% maybe in the short term, I will try to touch on this later.

So the website is up and running, this is where the money comes in. I would say across the board the standard rate of converting a sale on a website is right around 3% for organic traffic; I know there are websites that are much higher, this is true. But I am talking about everything, pay-per-click, affiliates, sales, everything is 3% across the board. Now lets find the average rate of sale, you must figure in everything from the three cent clicks to the $12.00 affiliate commission. For this example I am going to go with 5 bucks as the average sale because this is reasonable and any website can reach this potential.

So I guess you are starting to see how this works? At 5 bucks a sale, 20,000 sales is $100,000.00, to get that you will need about 700,000 hits bring in about 21,000 sales.

Can you see the principles at work? I mean the website is only the vehicle you can use anything, you are looking to close, sales in the most effective manner.

Oh, and how about this, depending on how quick you want to make the money you can pile on some risk. What is your risk tolerance? You want to take some risk? Risk is my middle name. I got the stars in my cross hairs, so if I hit the moon I can live with that.