|Sent on:||Monday, January 16, 2012 4:58 PM|
How's it going? Wow cold out ahh. As as my luck would have it my heat goes out right when it gets cold. I have to maybe go find some bar that's open late to warm up at. lol crazy
You know I had kinda an interesting situation happen. I've been a bit stressed out as I'm going through a few challenges at the moment. Then someone I knew mentioned his situation to me and how he's struggling as well. It really put my situation into proper perspective. Made me realize I'm not that bad off at all.
Kinda got me thinking though. I know sometimes entrepreneurs end up in these feast or famine cycles. Sometimes things are soaring and you can't do no wrong! And in those times that's actually when you have to be "extra diligent" with your business so that you keep the success going. If you get to comfortable, you get to complacent failure and defeat will creep up on your when you least expect it. Trust me it can happen to the best of us. When things aren't going to good, well then you already know you have a problem, so it's easy to recognize that you have to take action. So again if you're doing well great but don't get complacent, keep working on a systematic approach to constant and never ending improvement.
But unforunately if things aren't going well that's often part of the road of any entrepreneur. You might have a business going well for a while, followed by period of set back in which you might need to come up with a new business idea. Which might take some time and money to get off the ground. Meanwhile you still have to pay the bills. So when the getting is good be sure to bank as much as you can while you can. As they say most businesses fail in the first 5 years. Of those that succeed many more fail in the next 5. And with all the endless pitfalls one has working against them, it's almost know wonder.
Sometimes people get into a bind and they don't know what to do to get some quick cash. So I'm gonna try and demonstrate a few ways to get some cash in case you're in a bind and looking for some ideas:
1) Ask friends or family for an IOU
2) Get on wellfare
3) Apply for a title loan
4) Apply for a line of credit at the bank
5) Cash in any investments, or RRSP's
6) Sell off any excess items you no longer want or use
7) Get an extra credit card and use that temporarily
8) Get a cash advance from your employer or from money mart
9) Find a job
10) downsize your lifestyle, smaller house or car
1) Rent out any extra room or garage in your house
2) Post ads online offering a hot shot city wide delivery service, which you simply need a car
3) Post ads offering caregiver assisted living services. Seniors often need help with things like home care, groceries, being driven around to appointments etc..
4) Buy a portable commercial grade carpet cleaning unit. There about 500 dollars. Then post ads online offering carpet cleaning services. It's hard work but it's an easy way to generate income.
5) Offer a landscaping service. Landscaping basics aren't that difficult to learn. Often people just want there lawn mowed or there sidewalk shoveled. Again an easy way to generate some income
6) Offer a painting service. Professional painters do have years of experience. But to paint a fence or the boards on the front of a house, for example isn't hard at all. That's something you could do right now and work your way up to bigger jobs.
7) Take out some ads online offering housecleaning. Again very simple to do, doesn't require much to get started.
8) Virtual assistant has become a popular role for people that have any kind of secretarial background or are just good with computers. There's tons of websites in which you can offer up your services to small businesses that need help but can't afford full time staffers.
9) Junk removal is another simple business that anyone with a truck could do.
10) Start a website selling an ebook, course, membership, services. Once you have the website or blog then you just get a paypal account link the too and start taking orders online. You can set up a basic blog at blogger.com or wordpress.com . If you want to start a fully independant website that you host, you can post your project idea at Scriptlance. Someone there will do it all for you for under 50 dollars. How? Just find a basic website that models what you want. The post on Scriptlance.com "I want a basic website like this one". Someone will take up your project and get it all set up for you without you needing to know very much. All you need to know is a website has 3 parts. 1) a domain name. That's like the same as your business address. It's an address. www....whatever. 2) Your hosting, that's like your space. So the store space you'd rent in a mall, that's basically the same as your hosting. It's the physical area in which you'd put your website. and 3) Your website. That's like that actual stuff you'd have in your store. The products, the layout, where your cash register is, and everything else that you'd put inside the physcial space. But online it's all in the form of information. So your website is like a multipage document, and obviously you've visited enough to know what they are like. So that's all you really need to know about how a website functions. Address, Space, Store. Same as a physical buinsess only virtual. But online it's called: Domainname, hosting, and website. Again anyone on scriptlance.com can get you setup for dirt cheap. Websites are great but I warn you there not overnight money makers. They take a lot of time to get to that point.
Alternative or in combination with your own website you can start marketing online via an affiliate program like Clickbank.com which sends out affiliate checks bi-weekly. Very reliable program.
Hopefully this gives you a few ideas to work with if you're just looking for something quick to get started in. The next Edmonton Entrepreneur meeting is Monday Jan 23rd at 7pm at the Starbucks on 6655 -178 St. Please rsvp below. Talk to you later.