Jim is an amazing entrepreneur, who has proven time and time again that start-ups can be quickly profitable without risking a lot of capital. Lessons learned and insightful case studies are shared in his new book School for Startups: The Breakthrough Course for Guaranteeing Small Business Success in 90 Days or Less.
As a follow-up to the live interview, Jim wanted to share a no cost, risk free start-up business idea. You read that right, he is freely sharing a viable business idea right here, right now. Thanks Jim!
Given Americans love affair with boxing, pro-wrestling and now the UFC I thought it was time to host my very own small biz smackdown.
That’s right. It’s time for the first ever…
I love to laugh. Even more, I love to have others laugh with me.
In fact, my less than lady like guffaws have been known to infect entire groups of people.
After countless hours of research (and belly laughs), I have come up with proven techniques that will have you laughing all the way to the bank!
I mean younger
*ahem*When I was a 5 year old kid.
No we weren’t rich. No it wasn’t Uncle Joe who had 10 dairy cattle. It just was. Average people had fresh milk delivered on a regular basis.
Not anymore. So what happened to the traditional Milkman? He became extinct.
The Milkman’s entire existence was based on one method of delivery.
When people stopped using home delivery, they stopped using him. Sales is essentially distribution and delivery.
Who is this Keystone character?
It’s actually not a person, a place, or even a thing.
Keystoning is the practice of setting your price at double your wholesale cost. The term is most commonly used in a retail environment; however, there are practical applications in all lines of business.
Double down, ante, hold, all-in, bluff…
You probably recognize these common gambling terms.
What about muck, tilt, parlay, or cold dice?
Don’t know what these mean? That’s okay, neither did I (keep reading and you will).
I used to say I wasn’t a gambler. My idea of going crazy at a casino is playing the $3 craps table until my $20 is gone.
Then I realized I AM a gambler. All entrepreneurs and small business owners are gamblers. We just know how to stack the odds in our favor. Once I embraced this concept, a simple, effective budgeting tool was born.