February 10, 2012

Look and learn how you can start a life only with U.S.$25 dollars

Money and money, many people think that only if you have a good position with a lot of contacts you can grow as person. If you read our blog frequently you might think that many business ideas that come here are impossible to achieve.

Well the Christian Science Monitor give us an experiment that show us that your are wrong.

Adam Shepard, did an experiment. He left home and went to live in a homeless shelter in a community of people with no money, only $ 25 in his pocket.

Without using any of your contacts and friends, after 10 months, came to have an apartment, a car and a U.S. $ 5000.00 savings.  

Find inspiration in the story of Adam Shepard to move forward with your business ideas, save money for capital that will serve to develop your business tomorrow.

“Alone on a dark gritty street, Adam Shepard searched for a homeless shelter. He had a gym bag, $25, and little else. A former college athlete with a bachelor’s degree, Mr. Shepard had left a comfortable life with supportive parents in Raleigh, N.C. Now he was an outsider on the wrong side of the tracks in Charles ton, S.C.

But Shepard’s descent into poverty in the summer of 2006 was no accident. Shortly after graduating from Merrimack College in North Andover, Mass., he intentionally left his parents’ home to test the vivacity of the American Dream. His goal: to have a furnished apartment, a car, and $2,500 in savings within a year.

To make his quest even more challenging, he decided not to use any of his previous contacts or mention his education.

During his first 70 days in Charleston, Shepard lived in a shelter and received food stamps. He also made new friends, finding work as a day laborer, which led to a steady job with a moving company.

Ten months into the experiment, he decided to quit after learning of an illness in his family. But by then he had moved into an apartment, bought a pickup truck, and had saved close to $5,000.”

Read the interview to Adam Shepard by clicking here on this link

Small Business Ideas that really worth

When you are seeking business ideas you should think “what I enjoy to do?”. Tomorrow you will be dedicated 100% in that business idea so if you want to be successful you should like your business.

The wonderful thing about business is that you can do anything that you like if you put enough effort, passion and knowledge to develop a business model. Everyone has an expertise to sell or to share with others.

Maybe, you like to watch TV all day and you have the expertise about showbusiness or about what Tv Program works or not, perhaps if you make a blog you make money writing about it.

The issue really is how I approach my expertise toward a busines model that really worth. For that a clue that could help to find the right way is to know what are the people preferences when they buy over the internet. The magazine Pandecta give us to the following information:

  • - 29% Software
  • - Books 17%
  • - Music 16%
  • - 16% Computers
  • - Travel 10%
  • - Other 12%

If you’re considering a small business or home based business you should research the trends on the market and maybe the above numbers could help you.

You can read the Pandecta article by clicking here on this link

Lease shared offices for save money when you start-ups a new business

For me one of the best advices when you are in business is that you always must care the cash flow. This advice is more true when you start-up a new business because ussually  you cannot see fresh money after several weeks or even months.

An alternative is therefore to start a new business by renting offices shared with other people with businesses like yours as the Wall Street Journal comment on its website in an interesting article:

“For entrepreneurs, it’s a cheaper and more flexible alternative to renting or buying space of their own. The 32-year-old Mr. Roediger and his partner contracted with Qwirk Columbus Corp., a recently opened co-working space in downtown Columbus, Ohio, to pay $500 a month for two desks in an office, computers with Wi-Fi, use of conference rooms, a shared printer/copy/fax machine, espresso maker and more. Mr. Roediger estimates he’s saving $300 to $400 per month on utility bills and not having to rent space he doesn’t need.”

As you can see the savings can be significant.  Maybe the hardest part is to find the perfect co-tenant.

You can read the full article from The Wall Street Journal by clicking here on this link