Become a Millionare Selling Custom T Shirts
The American dream is to strike it rich as a self made millionaire. While in theory this is a fantastic idea, the truth is that there are few industries left where people can start from scratch and make themselves a millionaire through nothing but their own perseverance and skills. Furthering this dilemma is the fact that a lot of those jobs require a very high level of education and more importantly the years spent obtaining that education. I’ll let you in on a secret, I have a bachelor’s degree, and although I do not down play the importance of education for the vast majority of people (especially my children, who already think they know everything), I did not need that degree. I could just as easily started doing what I do now with nothing more than a GED. The wholesale T-Shirt industry is truly a way where a hardworking, motivated, and personable individual can make hundreds of thousands of dollars every year.
How? I started out selling T-Shirts as a part time job to supplement what can only be considered a dismal income. I was actually turned on to the idea from a good friend of mine who makes as much as I do now. All it took to start from scratch was a small amount of money; remember at this point I was living from paycheck to paycheck. I used this money to buy some business cards and register the name of my company. I then sat down and started calling local businesses in the phonebook. A few of these companies went on to be my first customers and many of them continue to do business with me to this day.
With a base of customers, I needed suppliers. I needed suppliers, textile manufactures. This wasn’t hard. They’re in business to sell you their clothing, and they make high quality products. From there it was a matter of getting a contract screen printer to do the printing for me.
That is the long and short of how my business began. I bought t-shirts and paid a contract printer to do the screen printing. I then sold this product to my costumers. I came to think of myself as adding value to the t-shirts and bringing buyers and sellers together; all the while I was making more than I would have thought possible years earlier. I needed very little cash because I didn’t buy anything until my customers had committed to buying the custom t-shirts. If they wanted to pay with credit card it worked even better because I knew I already had the money. There was never very much risk and the potential for reward was fantastic.
Eventually my company was making enough money and taking enough time that I left my previous job as a trader to do it full time. I hired a secretary as soon as I could financially justify it and this freed up my time to seek and meet with customers. My company allowed me to make enough to grow the business and still never worry about my financial situation. The most beautiful thing about doing it the way I did in terms of growth is that I never felt like I was risking anything I couldn’t afford to lose.
About fifteen years after I started I got to a point where I was making enough money to try another expansion. I decided I would move into the screen printing myself. I currently own my own screen printing equipment and have a full time staff to do the contract printing for others that I used to have done for my own customers. I currently am in the process of setting up other companies that do what I started to do. I sell these companies to other ambition individuals and work as their screen printer. They go and get the customers for themselves, and I offer advice and the contract screen printing. We set up the new companies with their own website that offers pricing and quotes built in to it. We do the screen printing at special prices because of the special nature of the relationship that we have with these companies. Our websites allow the companies to decide what price they want to sell the shirts. This relationship benefits everyone because they don’t need to go thru the hoops of finding the printer and setting up the company and website, and it generates business for our company too.
This is where I currently am in my own business. I have attempted to show you the evolution of my business. I have made more than enough money to live comfortably, help put my children thru college, and save for retirement. The best part is how much I enjoy my job. I have woken up every day for the past ten years and known that I am my own boss. My destiny is my own hand and I answer to no one. I firmly believe getting into this industry was one of the best choices I ever made. Think about that all of this the next time that you wake up dreading going to work or the next time your boss is any four letter word you’d like.
By: Mike Thompson
If Banks Are Slow And Time Is Money, Look At The Smarter Choice To Finance Your Equipments.
Depending on the nature of your business, the need for equipment financing could vary from needing a transportation related equipment, to medical, bakery or a pet store etc.
With the recent financial hit, various financial organizations and typically the traditional lenders which includes banks have become very choosy when it comes to approving loans for businesses. Some of the business types that have been worst hit because of stringent approval procedures being followed by banks are start ups, restaurants,private practices, high risk businesses etc. With such stringent parameters the loan approval process for restaurant equipment leasing, medical equipment leasing etc specially for those set ups which do not have a good credit score to back them up has also been a great problem. Apart from this, most of us who were apprehensive about approaching other sources of financing and straight away headed for the bank for getting our equipments financed, sure would have gone through the much painstaking process of extensive documentation, financial information, credit checks, reference checks etc and most of us swear not to go that route again.
However, for those who are thinking of and researching for other feasible equipment leasing finance options that can help them get the needed finance to lease business equipments, funding through business cash advance is there. This loan type that is advanced to business owners has no restrictions whatsoever when it comes to the usage of this loan, provided its for business purposes . Also whether the loan requirement is for commercial equipment loan or industrial equipment leasing; business cash advance is open to all. Moreover, the two most common factors that most of us personally dread: Credit checks and collateral; business cash advance option doesn’t take into account either. This cash which is advanced to the users is basically against their future credit card sales and previous credit card sales history.
The funding option is ideal for those who are into a seasonal business or just started since the repayment options are flexible and doesn’t require you to make a fixed monthly repayment towards the loan amount.. The business cash advance way of funding is gaining popularity because of the low turnaround time which is usually within 24hrs with no application fee and funds are generally released in ten days or may be lesser. So whether you want to lease business equipment or purchase a business equipment it doesn’t really matter. Next time if you A business cash advance is one answer to meeting all your business needs.
By: mithun chetan
Entrepreneur Leadership: What You Do With Your Time Makes The Difference
Some might think it’s money, but there have been plenty of entrepreneur leaders who didn’t have any money and were successful. In fact, their money came after they became successful. So what was the difference? The difference is how these entrepreneurs spent their time.
A well know entrepreneur leader is Thomas Edison. When he decided to accomplish something, he focused on the task at hand and kept working at it until it worked. Most of us have heard about Edison and the light bulb. It took him 1 ½ years to get a light bulb to burn for 13 ½ hrs. But what makes this achievement great, was not the light bulb itself, but the electric lighting system he developed that made “incandescent light practical, safe, and economical” (see link below). That’s a leader, and a visionary, for you.
The point is that Edison had a clear sense of what he wanted to achieve, and he spent his time doing the things that would get him there. He didn’t let failed attempts stop him. He persisted until “there was light.”
Most of us don’t have the luxury of spending every waking moment on our business like Edison did on his inventions. Let’s face it, life is still going on and it’s not going to stop just because you have something to achieve.
The key then is to make the most of the time you do have. And the secret of making the most of your time is concentration of purpose: only do those high-yield activities that lead to progress. That is what leadership is all about.
Analyze everything you do. A high yield activity is something that moves you toward reaching your goal. Make it a priority. If the activity doesn’t move you closer to your goal, then it’s is a waste of your precious time, so don’t do it (at least not during your focus time). Give yourself permission to let it go for now, relax, and focus on the priority.
And don’t let distractions interfere. If you need to, readjust your schedule so you can focus and concentrate.
Don’t make the mistake of thinking that time is money. Time is time and money is money. All that money can really do is shorten the time to achieve something. But real leaders understand that time is more valuable. They understand that time is the real difference maker.
If you’re fortunate to have the money to help get your entrepreneurial endeavors off to a great start, great. Use the money to get you to your goal in a shorter amount of time. But if you don’t, then time is all you have to spend. Spend it wisely.
To read more about Edison, go to http://inventors.about.com/library/inventors/bledison.htm.
Happy Business Building,
Yoli
By: Yoli