I meet a lot of people that want to start their own business. The interesting thing is that most of them have little experience in operating a business. Many of them look for the latest trends. They get excited about the idea, and go forward.
One of the latest trends in my area have been food trucks and food carts. Everywhere I look, I now see a food truck or food cart. They are on every corner or vacant lot. They have events they advertise just for food trucks. I recently saw a local church decided to host an event bi-weekly in their parking lot. There were over 20 food trucks that participated.
There are many food trucks, trailers and carts for sale on Craigslist. As well as BBQ smokers that are on trailers. I also see local restaurants that have a food trailer parked in their parking lots to participate in off site ventures. I wonder when the reality starts to hit people that this business idea has too much supply.
A few years ago we had people into buying and flipping real estate. Almost everyone I ran into was trying to buy a house, fix it up, and resell it. It sounded like it was pretty easy the way they explained it. Eventually the bubble popped, and housing prices fell about 20%-30% quickly.
The same is true with internet blogs. I'm in Richmond, Virginia, and we had a guy start RVABLOGS. It was a big hit, and he hosted tons of blogs. Which kept growing in numbers, and eventually the whole thing ended.
I rarely see a T.V. show on that catches my attention. I saw a show yesterday about clipping coupons, and don't remember the name of the show. Anyway, it had these people that were super duper coupon clippers. They would go to the store and the price would ring up to $600.00-$800.00, and then they would submit their coupons to the cashier, and their balance due would go down to something ridiculously low like $8.00. I watched a few of the stories on there, and it made me think how much I could save. The problem is I'm too lazy to go through the coupons. And, these people spent hours and hours clipping coupons and figuring out how to get the products for almost nothing.
One of my opinions of coupons has been that they tend to be for the brand name products that usually cost a lot more (if not marked up when they print a coupon for it), and that by the time I use the coupon I could have just bought the store brand. The intriguing thing to me was these people were getting the brand name products for practically nothing. They had stockpiles of soap, dish detergent, Kraft BBQ sauce, noodles, deodorants, etc in their houses.
I thought it would be cool if someone could use the "automation" technique to find the coupons for the products I want to buy. I thought about all the brand name products I buy, and that would be a good search term. For instance, these are the brand names I usually buy: Tide detergent, Palmolive, Colgate toothpaste, Kraft sauces and salad dressings, Downy softener, etc.
If there were a way to get coupons for these items, and do it easily, I think a lot of people would go for it. Many of the coupon websites want you to register, then the coupons I'm looking for are few and far between. It was a waste of time.
Anybody got a easy system?
I have been to my share of funerals. I am always amazed at how the person is described once they are no longer with us. I had a friend say, "Don't you know?, only great people die". The point is that the person rarely gets portrayed as they really were in life.
If the person had a terrible temper and was difficult to get along with, they get described as "intense" or a "perfectionist". Or "they had an ability to see things that no one else could see".
I recently went to a funeral for a former co-worker. I worked with the person for over 10 years. The person was usually irritated, rushed and rarely had a smile. They were like working with human sandpaper. I couldn't help but laugh when I heard how they described the person as a wonderfully sweet and happy person at the funeral.
The deceased person is always showered with beautiful adjectives. I can understand that it is being respectful, but I do wish there was a bit more honesty. There is a good side and bad side to everybody.
One time I was looking forward to going to a funeral for a famous family member. I really was enthralled by this person and all their accomplishments. I was excited that I may hear more interesting stories that I hadn't heard before. Nope, it didn't happen that way and I was sad. The Pastor did all the talking, and he barely knew my relative. He got most of the stories mixed up and I knew that the Pastor was just winging his way through the ceremony. I thought to myself, why couldn't they have let a few of his friend's get up and tell a few good stories about this great man. Here was a great man, and he got the same bologna ceremony that the toxic person gets.
This blog of Tynan's really intrigued me about RV living. I have been thinking about what I would do if I decided to go that route. My first concern was about the various problems that could happen with the RV, such as mechanical failures, leaks, wrecking, tires, brakes, where to park, etc. I looked at the various RV's for sale on the internet, and the prices ran from a couple thousand (older units) to millions of dollars (super high end).
My experience with cars and trucks I've owned is that the less there is to break, the easier it is to maintain. In fact, some of the most reliable cars I have had were ugly, cheap to buy, cheap to fix, and ran forever. The more expensive cars I've owned (Cadillac), were luxurious to ride in, but always had something going awry. The "Service Engine Now" light was the best working device in the car.
I have lived in a variety of houses and apartments. The bigger the monthly payment...the bigger the problems. The larger houses I've owned were nice to look at, but very costly to maintain and time consuming to keep looking good to keep up with the Jones'.
As I browsed the ads for RV's, I wanted to see what models were listed that had a large mileage figure. I wanted to see if a particular brand had been through the rigors of extensive traveling and still had the ability in it to go for more. Then, I may look for that model, just with lower mileage. So far I haven't noticed anything that has stuck out. Perhaps others can comment on the reliability of a certain model.
I did decide that a good looking unit in the '90's can be found for less than 10K. It just wouldn't make sense to blow more money than that on a experiment like this. I would take a few trips in the RV to get the kinks out and learn what I'm doing before I took the big plunge.
I am looking for advice on how to start money making blogs. I have seen and heard about these blogs, but I haven't investigated enough to see how I can make a consistent income from having a blog. I know the basics about having a great niche on a unique topic that I would pound out articles on the subject. And hopefully they would be authentic and interesting articles that would keep people coming back to the site to read. I can do that, no problem.
I see that some blogs sell some type of service and/or product, such as an e-book that gives a How-To guide to something (financial independence, wedding planning, vacationing on the moon, etc). I could put something like that together over time. I just don't like the idea of selling advice to people that they can click around the internet and find for free. If I did have one great skill is sales and marketing abilities. I am clever at figuring out ways for a business to get sales going. I have helped numerous businesses get their sales plan going, but some didn't have the energy and fortitude to do the plan. Some businesses need to do direct cold calls to potential clients, and they just do not like to do cold calls.
The next step I see is to make a passive income by setting up Google Adsense, Pay Per Click and affliate income. I can see that there are some possibilities that someone would read an article on my blog, and then maybe click on one of the ads. I rarely do that when I'm surfing the internet. I notice Tynan.com doesn't have ads on this site from adsense, unless I'm just not aware they are here.
I guess there is the possibility that I set up links to other business sites that would pay me if someone clicked over to their site from mine. I would think the chances of that happening would greatly increase if I put their website into some of the articles, and mentioned for the reader to go check out product X on this website. I have met one guy in my area that has a website that has sales in the millions, and he only has one main product line and the rest of his site are other websites with those companies products. He has a team of SEO and Tech guys in his office that he pays them a lot. He told me he spends an enormous sum on website security. He has over 20 employees and his office is buzzing with activity.
I don't want any employees and little to no inventory. I also want to keep my expenses to a minimum.
There are a lot of stressful situations that go on in life. If you live in a house with family members or room mates, you are bound to have issues with getting along peacefully. If you work in a organization with numerous people, you are bound to deal with negative, toxic people that want to create drama.
It is hard to not let yourself get too emotional or upset when dealing with these people. I myself have allowed my emotions to go completely overboard a few times. I feel like I am always having to set and reset boundaries with people in my life.
Recently, a few of my good friends have succumbed to the emotional turbulence caused by their work situations, family situations and financial situations. A good friend is in the hospital as I write this. He had a "mental breakdown" and was taken out of work on a stretcher. It was really sad because he is a wonderful person that takes on a lot of responsibility at work and at home. He passed his breaking point.
I was thinking about how we as people can sort of disconnect ourselves from allowing certain situations in life take us pass this point. I related it to living next to the highway, which I do. I can hear the noise of all the cars, trucks and motorcycles as they roar along, but I don't really listen to them. In fact, I have gotten so used to the constant sounds that I don't even pay any attention to it at all. I just accept it and know that I have no control over those noises and they are going to occur whether I like it or not. I have come to actually enjoy the railroad train engines I can hear as I go to sleep at night. They are very soothing.
I have come to see that I have to not get emotionally involved in the noise.
I am always looking for ways to make money, but more so, learn about how people are doing their own business and making money. I am never too proud to do any job. A couple of years ago I was very impressed with a local restaurant, so I got a job working there to see how they put all the pieces of the puzzle together to make it so good. I worked in the kitchen in the prepping area and cleaning dishes. I met some awesome people, and learned some new dishes to cook myself. I simply looked at it as a learning experience.
I have also found how much I can enjoy working these jobs because I'm working them to learn, rather than the amount of money I'm making. This Christmas Season my Brother got a job driving limos. He works full time as a mail carrier, but he loved the look of the big Hummer limo and just wanted to drive it. He has had a blast driving people around on the Tacky Light tour in our city. He, once again, wasn't concerned about money, he just wanted to drive the big limos for fun. He has just loved the people that rode in the limo. He gets a kick out of how excited they get to take a ride in a limo and feel like they are important. And, he plays it up and makes it even more fun. He has bought a few fancy black suits, top hats, white gloves, etc to look the part of a classy chauffeur.
The funny thing is how much extra money he is making because the people are tipping him pretty well. The interesting part is the limo company owner was telling me that other drivers approach this a job and people can see they are just doing it because they have to, but, he said the people tip my Brother good because they love the fact that he is having so much fun catering to them.
My Brother is having so much fun, that he convinced me to give it a try. I love having fun with people also. I will start by driving the Executive Limo and taking people to the airport. I can work anytime I want, which is good. The pay is $8.00 an hour, plus 18% tip is already added in for the driver, and sometimes the people give you a tip again when you drop them off. I look forward to meeting some interesting people.
I convinced myself a few years ago that I would buy Silver Eagle coins as a long term investment. I have been buying 1-4 coins every so often, and just kept putting them in my safe. I have paid as high as $30 a coin, and as low as $22 a coin. I know the price is low right now. I saw an ad on Craigslist selling Silver Eagles for only $16 each. Of course, when I contacted the person they had sold out.
This year, when I hit my main money making stretch in the Spring, my plan is to pick up as many as I can lower than $20 each. My hope is that the Silver price will spike at some point within the next 5-10 years, and that's when I'll cash out.
Any opinions on this strategy? Anybody selling Silver Eagles at a great price?
A lot of the games come down to the last few plays, which makes it very interesting to stay tuned in. There is a great matchup this coming weekend between Patriots (Tom Brady) versus Broncos (Peyton Manning). They had a great game against each other in the regular season that the Broncos won late in the game after a big comeback.
I'm not a gambling man, because I used to be when I was younger, and didn't take it too well when I would lose. If I were to gamble, here would be my picks for this weekend.
Denver Broncos are at home, and have one of the best offenses in history. They are a 5 point favorite. The Patriots have been one of the best teams for years. I don't know what injuries are out there to major players. I would think the game is going to be close, probably decided by a field goal, so I would bet on the Patriots with the 5 points.
Seattle Seahawks are at home versus the San Francisco 49ers. The Seahawks are favored by 3 points. The 49ers almost won the Super Bowl last year, and have won 2 playoff games on the road. They keep playing tough and you can never count them out. Although, I am impressed with Seattle's team, and their quarterback (Russell Wilson from Richmond, Va...my hometown). Their stadium will be LOUD. They do have one major injury to Percy Harvin (WR). My bet is to give up the 3 points and take the Seahawks. They are hungry, and the 49ers have to be getting tired after all these road games and traveling.
My picks: Patriots (+5 points) and Seahawks (-3 points)
It is so surreal when I am watching history happen (as in Instant Classic). Life is so unpredictable, yet some things seem like such a sure thing. Like this week in a local Congressional District election. Eric Cantor (Republican and House Majority Leader) got upset by a complete unknown with hardly any money, staff or experience. It hit all the news networks nationwide.
I have helped a lot of friends that have run for political office, and some were dreaming that somehow, someway that a miracle would occur on election day and they would win. I have seen some minor upsets, like a candidate that was just a few percentage points down get a surprise win.
I have never seen something like this election. The pollsters at one time had Eric Cantor at 68% vs. Dave Brat 23%. Eric Cantor was a 7 term congressman, super powerful, and rich. Dave Brat had never run political office. Cantor spent over $5 million to Dave Brat spent $112,000. Cantor had a full time staff of 23 people, Brat had 2 people with one of the guys living on his sofa in his living room.
When the results came out, Brat won by more than 10%. Brat commented that it was a miracle from God. I can't disagree with him.