Monetizing your passion (self-reliance)
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Transcript of Monetizing your passion (self-reliance)
MONETIZING YOUR PASSION(SELF-RELIANCE)
Al BatingaSpeak UP Speak OUT!
Preview
• The Current Reality• A Solution…• What Stops Us?• What Can You Do?• What Needs to Happen (Steps)• Getting Help?• Action!
THE CURRENT REALITYSpeak UP Speak OUT!
Post Office Laying Off Thousands, Closing Offices
Laying off 30,000…or was it 40,000?
Laying off thousands…and suggesting relocation to India…
Outsourcing
• Once an exotic solution• Now the law of the land…
Most Companies• Conserving Capital• Holding Off Hiring
RealityThis is no longer a temporary aberration
This is how it is for the foreseeable future
GREATEST NEED
SELF-RELIANCE
A SOLUTION
Speak UP Speak OUT!
WHAT IS ENTREPRENEURSHIP?
People Who Took the ChallengeBatinga Family
People Who Took the Challenge
Sean Belnick
LeannaArcher
Robert NayCompany: Nay GamesAge: 14Website: naygames.com
At age 14, Robert Nay's first game, Bubble Ball, was downloaded more than two million times within two weeks of its launch.Not bad considering that the average mobile game receives a few hundred downloads. In January, the game knocked the monster hit ''Angry Birds'' out of the number 1 most downloaded free game spot in the Apple app store.
Lemonade and Bake Sales
People Who Took the Challenge
People Who Took the Challenge
www.iwearyourshirt.com
http://www.poop911.comPoop 911 We Scoop Dog PoopAfraid to be in your own backyard?Dog poop cleanup service is Poop 911's specialty. POOP 911 can poop scoop your yard and remove toxic and unpleasant dog poop. We offer a large selection of other services to help you enjoy your yard with your family and pets alike. Dog waste facts
Kelela Rose
Full-time
Student
http://www.etsy.com/shop/leiloops
Ideas – Small Businesses• Hobbies• Profession• Accounting Help• eBay, Craig List, Etsy.com• Swap Meet• Buy and Sell – garaging• Cleaning Houses• Elder Care• Writing an eBook• Affiliate Pgms (Amazon,
etc…)
• Tutoring/teaching– Kids– Adults
• Catering• Creating websites• Writing• Loading CDs on an iPod• Event Planner• Franchise/Licensee• Multi-Level• Assistant/virtual
WHAT STOPS US?Speak UP Speak OUT!
Fear…
Road Blocks• Capital • Lack of market connections/client base • Courage• Time • Mindset • Resources• Plan
What do you need?
MindsetAn ideaAction!
Needs
Step 1• SWOT Analysis: Druthers• If you won the lottery…• What would you do for free?• What could you start part-time• What would be fun? Play…• What could you involve others in?• What will cost little or no money?• What do you and others say you’re excellent at?• What does the market need?
Step 2 - Leverage
Exploit other’s expertise and strengths
Step 3 - Written Strategy – 1 pager
Step 4 - Start Small – Now, Today!
Step 5 – GIVE it away!!!
IF YOU CAN’T GIVE IT AWAY… YOU CAN’T SELL IT!!!
Step 6
Step 7 - ADJUST
Yesterday
Today
Step 8 – Have fun!
Resources
This room…SBA.gov – Small Business AdministrationScore.orgItunes.com – podcastsYouTube
Comments
THOUGHTS…
Review
• Current Landscape• A Daring Solution…• What Stops Us?• What Can You Do?• What Needs to Happen (Steps)• How We Can Help?
ACTION
Take 1 baby step…today