Small Business Ideas
Hey You! Are you an extreme entrepreneur- a focussed small business junkie that is skilled and thrives on thinking out of the box and “always finding a way?” There is virtually no excuse to be poor in 1st world countries these days. Here, I prove it. I show how to build something from nothing, step by step. Essentially, this is a grassroots small business idea library.
From my brain, I regularly dig deep to prove that it is absolutely possible that almost anyone can build a life from extreme poverty to financial independence – in many cases, even wealth. And I have fun proving it!
I found that there is a simple formula behind creating a significant flow of income, mostly from small business(es) starting from absolutely nothing. Working the way up the income ladder is what most people know it as, but we call these ladder rungs, Phases.
In every program scenario here (Phase #1 through Phase #3), all that is needed is a seriously openminded willingness to do work. Certainly a motivated attitude and enough health to walk and use hands is key too. Further to the necessity of someone to be prepared to do actual work, prevailing themes have specifically been physical labour and simply asking for the work. Read the article in our Resources page, Don’t Do YOUR Best, Do MY Best.
I can take virtually any poor person with at least some remaining sense and make them middle class (and off the system) without using free handouts- twice as fast if they’re already collecting welfare and have a home.
We have to start somewhere and a realistic absolute beginning here is we take a person that sleeps outside in a makeshift camp. He/she does however have a few different sets of clothing, including outerwear for even the snowy winter. This person does not receive any social assistance, but understands that they will die of starvation if they don’t get out there and earn money.
Day 1, they have the appropriate clothing for the time of year, a full stomach, but no more food.
For more psychology on small business success, read our page, Resources.
Buying food with the money earned is essential and obvious in each phase. That comes out of the profit each day. It’s important to note that humans go go up to 3 weeks without food, so in truth, we here aren’t putting a lot of importance on staying fed and full for the first few days. No matter what people may argue, anyone can live and work on an empty stomach for a minimum of 5 days. I’ve done it recreationally and I know that it isn’t that hard. It’s just another sacrifice for a big future.
Presumably the participant is extremely poor and already regularly sleeps in a makeshift camp of sorts or couch surfs, so no actual housing is truly needed yet. Once more than enough money has been earned, it’s time to secure a room rental. It is ideal, however, to have money aside from rent, since budgeting is critical.
A monthly room rental can be obtained from $350-$1000/month depending where. Of course it’s inadvisable to live in a well-off part of the city unless the Phase pay greatly overshadows the rent cost. As well, if it is an expensive rural town, move to a cheaper town. Think desperately.
A phone can be purchased when *extra money* small business has been accumulated. Having a way to be contacted is integral, especially, but not specifically, in and around Phase #2, when an actual small business is starting to be established. A simple phone with a simple plan is all that is needed since the focus is getting out of “poverty,” not keep ing in touch with friends.
At first, in the Phase #1’s, it will be crucial to create a solid schedule with each customer, in person, since it’s the cheapest way to contact them. Obtain a phone number and use a phone booth as a substitute for a cell phone.
Not essential in the beginning. After a financial foundation has been set, then can the participant start to introduce 2nd hand pieces of clothing to their wardrobe. Initially, the clothing should assist the participant to climb the income ladder i.e. a suit for interviews and meetings and clothing appropriate for quoting jobs.
These are as realistic as we can dream up. At times it could be less, but more often, it will be more. We choose each minimum to be very safe estimates only.
Making day to day money and building savings appears to be our number 1 objective here, but indirectly we’re encouraging purchasing money earning assets too. If it hasn’t been obvious enough already, most Phase #2’s include purchasing equipment. We promote purchasing equipment as not just a tool to complete work faster and better, but to invest in an item that will somewhat hold its value (as long as it works). With tools, our participants own assets. Awesome!
Income taxes aren’t due until after the new year, worry not. Paying income tax stinks, but as small business owners now, our participants are able to write off and deduct any business related expenses from the income earned throughout the year. Examples of deductions are purchased equipment, parts, gas, cell phone, advertising and more.
Copyright 2019 by Talbot Biermans