What up fam? I'm just dipping thru to see what everyone is working on for 2014. My wife and I are doing phone service, and have just gotten approved as wholesalers for cell phones. So right now we're set up to resell phones to others, so that we will have enough revenue to open a store in June. I'm still doing the music thing, and will be able to expand my studio's equipment and visibility as we delve into our main venture. It was a struggle there for a minute. But one tip I just wanna drop on the fam is how I've been looking at things the past few months, and it helped me, so maybe it can help some of you. If it motivates just one of you I will be happy.
A friend of mine made a statement to me about a year ago about becoming a millionaire and the various ways of possibly doing so. He said, "do you realize that if you could get just 1,000 people to give you $1,000, you would have a million dollars?" All I could think was when you look at it that way, it doesn't seem like such a large number anymore. I bounced it around in my mind for about a week or so, but the problem with that was, no one is gonna just give you $1,000. So I put it outta my mind. During the summer, my wife got hired giving away free government cell phones like you see people doing under canopies in various places. The job paid a commission of $2 per phone. She was able to do between 30 and 60 phones per day, so it worked out okay. Then the parish in which we live started having code enforcement shut them down whenever they would set up. So that was a wrap for that.
We were going thru the process of trying to get permits so that wouldn't happen anymore, when my wife called the company for which she worked and inquired about being able to do what her boss does; just hire people and have them give the phones away. She was informed that it was $1,500, and as low as $1 a piece per phone depending upon the size of your order. So then she said well, how much do you make per phone as a master agent (her boss' title), they told her $30 per phone.
<-- Exactly. So when she was moving her 50 units per day, along with the 3 other employees he had setup around the city, he was making a killing, doing no more than dropping phones off to them each morning. I estimated that if the other 3 just did half as well as she did, he was making well over $3,000 a day.
Anyway that job ended. One good thing she walked away with was a desire to get into the cell phone business herself, and a certification ($900 one day course) to sell phones which the company had paid for. So about 3 or 4 months back, I started thinking about that million dollars again. I said well if I cut it in half, it will be easier, and more believable to myself. So I did. Then I did it again. Then I focused on $100,000, then $50,000, and finally $20,000. I decided I would make $20,000 this month, starting March 4th. <--- That date is significant in what it says, because it's what we must do.
I said okay, I need to get 200 people to give me $100. That's a much more easily achieved number on both sides of the equation. But... they're still not just gonna give it to you. So you need a product. What are the hottest, most profitable commodities on the market, high end sneakers, clothing and CELL PHONES. So in February, my wife called her old job up and got some details about contacting a distributor. What she found out with little or no digging was how to become one herself. So it was on from there. After paying those initial fees to get her in, we had $3,000 left. We ordered a few phones and a couple tablets so we could get started. Today we are four days in and I've knocked 28 people off of my quota of 200. So I'm 2 people away from breaking even and getting into the profit stage of phone sales. Thank GOD for Mardi Gras and a bunch of people being in town willing to spend money. Because the first week in anything is always the slowest and hardest.
One tip, craigslist is your friend in so many ways. The first sale I had was guy coming in town from Texas and he'd seen the ad, and just wanted a new phone. True to his word he came thru. So think about it fam. All you have to do is sit back and figure out what you can get, to get people to give you their money, and hustle up a sizable profit monthly. I just wanted to give that as a little bit of motivation to y'all in hopes that as it worked for me. Looking at large numbers in a smaller manner helps you to see it as achievable. Then you just have to put a plan into action.
Once I reach my $20,000 mark this month, which I'm sure I will, I'm going for $50,000 next month. Let me know what y'all are getting into this year. GOD bless - 100
A friend of mine made a statement to me about a year ago about becoming a millionaire and the various ways of possibly doing so. He said, "do you realize that if you could get just 1,000 people to give you $1,000, you would have a million dollars?" All I could think was when you look at it that way, it doesn't seem like such a large number anymore. I bounced it around in my mind for about a week or so, but the problem with that was, no one is gonna just give you $1,000. So I put it outta my mind. During the summer, my wife got hired giving away free government cell phones like you see people doing under canopies in various places. The job paid a commission of $2 per phone. She was able to do between 30 and 60 phones per day, so it worked out okay. Then the parish in which we live started having code enforcement shut them down whenever they would set up. So that was a wrap for that.
We were going thru the process of trying to get permits so that wouldn't happen anymore, when my wife called the company for which she worked and inquired about being able to do what her boss does; just hire people and have them give the phones away. She was informed that it was $1,500, and as low as $1 a piece per phone depending upon the size of your order. So then she said well, how much do you make per phone as a master agent (her boss' title), they told her $30 per phone.
<-- Exactly. So when she was moving her 50 units per day, along with the 3 other employees he had setup around the city, he was making a killing, doing no more than dropping phones off to them each morning. I estimated that if the other 3 just did half as well as she did, he was making well over $3,000 a day.Anyway that job ended. One good thing she walked away with was a desire to get into the cell phone business herself, and a certification ($900 one day course) to sell phones which the company had paid for. So about 3 or 4 months back, I started thinking about that million dollars again. I said well if I cut it in half, it will be easier, and more believable to myself. So I did. Then I did it again. Then I focused on $100,000, then $50,000, and finally $20,000. I decided I would make $20,000 this month, starting March 4th. <--- That date is significant in what it says, because it's what we must do.
I said okay, I need to get 200 people to give me $100. That's a much more easily achieved number on both sides of the equation. But... they're still not just gonna give it to you. So you need a product. What are the hottest, most profitable commodities on the market, high end sneakers, clothing and CELL PHONES. So in February, my wife called her old job up and got some details about contacting a distributor. What she found out with little or no digging was how to become one herself. So it was on from there. After paying those initial fees to get her in, we had $3,000 left. We ordered a few phones and a couple tablets so we could get started. Today we are four days in and I've knocked 28 people off of my quota of 200. So I'm 2 people away from breaking even and getting into the profit stage of phone sales. Thank GOD for Mardi Gras and a bunch of people being in town willing to spend money. Because the first week in anything is always the slowest and hardest.
One tip, craigslist is your friend in so many ways. The first sale I had was guy coming in town from Texas and he'd seen the ad, and just wanted a new phone. True to his word he came thru. So think about it fam. All you have to do is sit back and figure out what you can get, to get people to give you their money, and hustle up a sizable profit monthly. I just wanted to give that as a little bit of motivation to y'all in hopes that as it worked for me. Looking at large numbers in a smaller manner helps you to see it as achievable. Then you just have to put a plan into action.
Once I reach my $20,000 mark this month, which I'm sure I will, I'm going for $50,000 next month. Let me know what y'all are getting into this year. GOD bless - 100
