What Really Makes Money
How much would you pay for a rat with a ghetto blaster?
As I was making my merry way to work this
morning, I saw a council worker on his knees next to
a wall near Smithfield Market in London.
He had a container of industrial strength cleaning
fluid and was scrubbing away at some 'graffiti' . . .
. . . a picture of a rat holding a ghetto blaster!
Nothing strange in that, you might think - the guy
was simply doing his job and really not worth a
second glance or mention in this eletter.
But what made this scene so poignant was he was
actually destroying £25,000 worth of 'art'!
You see, the rat graffiti was by THE artist of the
moment - the mysterious Banksy. In fact you may
have seen in the news that another piece by him in
West London was auctioned for £215,000 on eBay!
The piece I saw being destroyed was a lot smaller,
but anything by Banksy is hot right now and this
little stencilled rat was still worth serious money.
Of course, the worker probably didn't know or care
that this was the cutting edge of contemporary art
and that the value of this square foot of brickwork
was worth more than his annual salary, but this
raises an important point.
The owner of the building where 'ratty' lived, was
probably equally unaware of the true value.
I mean, how often do we ignore things that in our
own lives have great value - especially when it
comes to the making money?
- The most obvious are those items we have
lying at home that could be sold on eBay or
- Then there is our accumulated specialist -
the skills and experience we have acquired
from our work. Just because we take it for
granted doesn't mean that someone else
wouldn't put a value on it.
- And what about your hobby or recreational
interests? You probably enjoy your pursuits
so much that you have never considered that
they could be turned into a business.
- And what about your personal skills? Are
you a good listener? Organised? A good
talker? Stand back a bit and see where your
strengths lie and think about what kind of
business could exploit those talents? I saw a
woman on TV last week who was charging
£450 a day to organise people's wardrobes!
OK, she had high-end clients, but surely it
can't be that difficult!
- If you are in business then what about the
profits that you are ignoring? I was speaking
to a guy just the other day who sells seeds
and plants at all the major flower shows
across the UK. He said that he probably has
tens of thousands of people visit his stall
between May to October and had never
really done anything to capture those
qualified prospects . . . seriously, this guy is
sitting on a absolute goldmine and I'm going
to hopefully help him to figure out how -
watch this space for updates . . .
Could you make money from magic heat packs?
A couple of months back I received a package at our
offices from Lorna and Mark Evans.
Inside was a heat pack. Now I'd never seen one of
these before. By clicking a small metal ring inside a
gel filled plastic pouch, a chemical reaction occurs
and the pouch heats up quickly and can be used to
ease muscular aches and pains.
How cool is that!
I'd never seen one before and I proceeded to show
this magical transformation around the office.
Well, the people who had sent this to me were trying
to promote these heat packs as a potential business
opportunity and wanted my opinion - I looked into it
further and I thought this was a great idea.
I gave them a few pointers and I promised that I
would give a plug in my eletter and so that's what
I'm going to do . . .
Take a look at this link:
And if you need further info just make contact with
Lorna or Mark - they are genuine, approachable and
down to earth.
The true size of home-based business
Statistics don't normally excite me, but when I came
across this survey sponsored by BT on home-based
businesses I was staggered by the numbers:
- There are 2.1 million home based business in
the UK - just about half of all small to
medium large business
- Home businesses account for 28% of total
employment - that's about a third of the
- Over 60% of new businesses are now started
from home and works out at around 1,400 a
- The highest growth is coming from mums,
young people and the over 50s.
And here's where it gets interesting: the fastest
growing sectors are:
- Professional services (from book keeping to
- Online trading (i.e.: our old favourite eBay
and my guess is financial trading too!)
- Personal services (think interior design, party
- Food (products and caterers) and even
domestic energy (including people selling
excess DIY 'green' power back into the
Anyway, take a look there's a load of information in
there that might spark some ideas and I will certainly
be digging deep into the data to see what I can come up with.
Have a great weekend
PS: I know I went on about it earlier this week,
but please do go and check out Don't Tell The
Professionals - the markets in 2008 looks
all set to be perfect for active traders using this
proven strategy . . .
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