In this newsletter he is addressing the beginning entrepreneur who wants to fire the boss and start a Home Based Business on a shoestring budget. He makes quite a few really valid points.
A lot of newbies start out with the need for a low budget and sometimes a no budget start, and usually have to stay with their current income source. (The Day Job). They are ready to take the plunge but wish (and sometimes need)to do it cautiously without upsetting the delicate balance of their financial future. The good news he says is that it can happen. Starting out small at part-time level and eventually when safety rears it's beautiful head and you can see the tunnel clearly, you can leave that day job and stay full time with your HBB.(Hone Based Business)
Stone suggests that if you are one of the cautious ones don't keep putting it on the back burner, start out small and build carefully from their. Bring those dreams to the front burner, it's your turn. He offers advice about searching out a business model that "will deliver a steady and repeat business."
His suggestions for HBB's are as follows:
HOME BASED MAIL ORDER:
Low cost and can be launched for under $100.
Use of Drop Shippers
Advertising is the primary expense, and yet it can be found these days at affordable costs.
WHOLESALE BUSINESS:
Buy low sell high. Acquire high quality, top of the line merchandise at a fraction of the cost.
AUCTIONS:
Great source of buy cheap sell high.
MAKE AND SELL YOUR CRAFTS
Crafts are big sellers in a lot of different markets.
SELLING INFORMATION:
Another low cost but profitable sartup.
Gain resale rights to a few products and sell thema t auction.
WRITE INFORMATIONAL BOOKLETS:
Write and publish your own materials.
OFFICE SERVICES:
Offer office services for hire in your local paper, doing a medley of things. Word processing, typing, accounting, data entry, proofreading, transcription, [promotional letters, and newsletters, all can be done from your home.
AVON REPRESENTATIVE
Long standing company a lot of interest, easy to establish a customer base.
Stone offers warning to be extra careful about who you do business with. There are a lot of scammers out there, so make sure you check out the business well before you hand over any money.
Click here for his PLUG IN PROFIT SITE.
and remember to sign up for his newsletter, it is full of solid, and helpful information.
He put a great quote into the newsletter today:
"Seek the lofty by reading, hearing and seeing great work at some moment everyday."
Thornton Wilder
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