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DISCLAIMER…not providing recommendation or advice
John Pugliano is only an expert
…in his own OPINION
AGENDA
• Self imposed limitations
• Lessons & highlights from Cottage (home-based) businesses
• Breakout session• Ideate
• Questions
• Collaborate
Frederick Douglass
I prayed for twenty years
but received no answer until I prayed with my legs.
The purpose of this presentation is to inspire you to …TAKE THE NEXT STEP
That little valley is home to NINE seed companies
• Great Basin Seed
• Intermountain Seed
• Maple Leaf Seed
• Maughan Seed
• Mountain West Seed
• NP Seed
• Plummer Seed
• Stevenson Intermountain Seed
• Skyline Reclamation
Jessica got inspired…
• From a PODCAST
• SPIN farming blighted area of SLC• $2,000 investment
• Grossing around $70k on <acre
• SUCCESSFUL?• Last time I saw her she was leaving to
backpack across New Zealand
She built one
• <$800• Insulation
• Used air conditioner
• PLC temperature control
• It could be disassembled and moved when needed
Comply with the MAN
• Raw milk labels
DISCLAIMER: I’m not saying you should do this…I’m just say’n1/4
Don’t marry your concepts- date them
• Commercial Kitchens can be RENTED…
• By the HOUR, DAY, or WEEK
Don’t marry your concepts- date them
• Commercial Kitchens can be RENTED…
• By the HOUR, DAY, or WEEK
Minimal startup costs…I’m just say’n
What would you do if you owned a bobcat?
• Permaculturalist
• Swales
• Hugel mounds
• Terraces
• Water catchment
smallmarket
STACK FUNCTIONS
• General construction support
• Traditional landscaping
• Stump removal
• Snow removal
Stump removal STRATEGY
• Equipment• Used: ~$10k
• Lots of sweat equity
• New: financed ~ $2500/month cash flow needed to pay off 4 year loan• no money down with good credit
• Treat debt like a poisonous snake
• Early to bed, early to rise…work real hard and ADVERTISE• MARKETING…MARKETING…MARKETING
Stump removal Transition STRATEGY
Stump Removal Mulch Permaculture Landscaping
mundane commodity TRANSFORMATIONAL
ryexservices.com
Get started with a squeegee
• Residential Window Cleaning• Not glamourous but profitable
• Outside work
• Work with your hands
• In demand
• Happy customers
• “Green” solutions
Not glamourous but PROFITABLE
• Do the math• $5/pane…2,000 sqft house…$150/house
• How many houses do you live near?
• Easy to determine the NEED
• CONSUMABLE
Did I mention it’s mostly a “cash” business…I’m just say’n
You don’t have to own a junk yard
• Think NICHE…you don’t want the whole car
• Just the EXPENSIVE parts
• Used Lexus headlight assembly• sold on Ebay for >$700
Salvaged auto parts STRATEGY
• Little to NO cash required to start
• The problem is the solution
1/2
Auto body shop DILEMMA
• Salvaged parts are valuable and owner will get around to re-selling them
• He never does…
Consignment sales – the SOLUTION
• YOU approach auto body shop with an offer he can’t refuse…
• Inventory & categorize
• Clean up
• Photograph & list online
• Split profits
THINK: shelf stable
Apple Pie - shelf life ~ one week Jerky - shelf life ~ 10,000 years
Less loss to spoilage…MORE PROFITS
Eco Bee Box LLC
Metal brackets permit easy construction of super from local lumber or salvaged materials
Small frames make harvesting honey easy for the hobbiest or micro bee keeper
Service vs Product
• Host-a-Hive• SPIN farming concept applied to bee keeping
• Host buys or rents hive…YOU provide the beekeeping service
• Excellent source for LOCAL HONEY
LOCAL HONEY has higher profit margins…
• Typical honey pricing $/lbs:
• WalMart: $4.00
• WholeFoods: $8.00
• Local: your price?
Poor man’s MBA
• Determine MARKET size & scope
• On the shelf at WalMart Large market potential
and
• On the shelf at WholeFoods Permaculturalist potential
Poor man’s MBA (continued)
• Determine PROFITABILITY
• WholeFoods price - your cost to produce = OPERATING PROFIT
• IS IT WORTH YOUR TIME?• YES…DO IT !
• NO…look for something else…iterative process
3/4
City Tours…Corporate Events…Sponsorships
• Weddings• (starting @$750)
• Brewery tours • (starting at $500)
Dog trainer/breeder
• Service Dogs• Assist dogs: $10k
• Visually impaired guide dogs: $20k
• Personal Security Dogs• $5k-$20K
Concern for personal security
• 48% of first time gun purchases are by WOMEN
Which do you think she’d rather curl up with?
Attention to detail?
• Model ship assembly• $1,595
Old Modern Handicrafts
It comes in a kit…I’m just say’n
Powder Coating
• Environmentally friendly way to apply paint
• Powder is shelf stable
• Easy to handle
• Buy in bulk…sell by the ounce
Powder Coating STRATEGY
• Buy in bulk from manufacturer or large distributor
Break down into small orders
• Service local market & re-sell online• Specialize in a particular industry• Stock niche colors
$2/lbs $12/lbs
Re-think the tiny house movement
Millennial
LOVES tiny house
No moneyBaby Boomer
DISCRETIONARY income
@livingthervdream
Baby Boomers LOVE RVs
• Sales up 20%
• Class B van:• Used ~$20k
• New starting around $50k
Think TINY HOUSE CONCEPT
Handy with TOOLS?
• Consider starting a Van CONVERSION business
• Minimal startup costs
• Scalable
• Limited only by your imagination
Service vs Product
Used Class A RV starting price around $50k
PROBLEM
• Sketchy reputation of Re-Sellers• What happens to a used car salesman that gets fired for being dishonest?
SOLUTION
• RV pre-sales inspections
• Demand from both Buyer & Seller
• Demand in both Urban & Rural locations
• Unregulated in most States
• Typical inspection costs $800-$1200
BREAKOUT SESSION
• Introduce yourself & your idea
• What’s the biggest obstacle holding you back?
QUESTIONS?
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