Knitting and Sewing
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No Cash for a One Horse Race
   
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Embroidery Designs Sewing
Denim is a twill weave and runs diagonally and any diagonal weave is difficult to control, whether you are attempting construction sewing or machine embroidery. Twills are designed to give the .....
Denim is a twill weave and runs diagonally and any diagonal weave is difficult to control, whether you are attempting construction sewing or machine embroidery. Twills are designed to give the .....
No Cash for a One Horse Race - a real life business venture
story
2005 by Harry S Richards
Civil War Uniforms: Keep Your Jean Cloth From Unraveling
Civil War Uniforms: Keep Your Jean Cloth from Unraveling
by Paula and Coach McCoach
http://www.civilwaruniforms.net
AHHHH! How to keep jean cloth from .....
Civil War Uniforms: Keep Your Jean Cloth from Unraveling
by Paula and Coach McCoach
http://www.civilwaruniforms.net
AHHHH! How to keep jean cloth from .....
The kind of calls I get from the Helpline Service I have
operated for the past ten years would leave many speechless.
Just last week I received a call from a client who said that he
wanted to start a small business venture but had no cash at all.
He was so excited with the prospect of the proposed business
that he insisted on telling me all about it. He had every reason
to be excited because it seemed that there was no way that he
could fail to make a success of it.
However, he wanted me to help him with the financial aspects,
such as how could he possibly get a loan and how he had such a
poor credit rating that no one would give him a loan. So why was
he in such disparate straits? I asked. Well he explained how he
overlooked his telephone bill, and the red reminder so they were
going to disconnect it. Then his vehicle has no road tax and the
M.O.T ran out over a month ago. His wife is demanding
housekeeping money and his bank has just returned a cheque he
bounced for the electricity bill.
Not a good starting point to launch a business I had to explain.
However, he went into some more detail about his proposed new
business. He actually had people lined up who wanted what he was
offering. The only problem with that was that what he was
offering was in my own stockroom, and would I supply three units
to him so he can get started? Well no, how will I know whether
Ill ever get paid along with all the others he owes money to?
Not to worry he explains, the business is assured and I would
really be backing a one-horse race with odds of 4 to 1. Now I
dont gamble, but if ever there was such a thing as a one-horse
race at those odds I would be sorely tempted wouldnt you be?
Now how on earth can I help this poor guy? Is he beyond any help
at all? Surely there must be a solution somewhere without any
risk to me?
Then it dawned upon me. Several years ago I had found myself in
a similar predicament. I had just lost a well paid job and
needed some start-up cash really bad. I had no savings because I
was young and believed in the mistaken philosophy of
easy-come-easy-go. I remembered what an old timer had once
told me, when the going gets really tough, sell your piano he
expounded.
Well, at that time I did not have a piano. In fact I have never
owned a piano, but I did have one of those early-style word
processors. I advertised the word-processor and sold it to the
first caller. That gave me the cash I needed to make a start in
a business of my own and that business became so big I could
hardly cope with the number of orders. I had complaints about
slow service because there were just too many orders to fulfil.
Before I knew it I got a call from the Bank to tell me I had
achieved a seven figure turnover, and did I want to meet an
investment advisor. I had to explain that I had no time even to
attend to the orders let alone spare time to meet an advisor.
To cut a long story short, I told my errant helpline caller to
sell his piano. He had no piano, so I asked him what other items
he has of any value in his home. He explained that he had
nothing of any value but his wife had an old Singer Sewing
Machine that she never uses. Get her permission to sell it I
told him and thats what he did. He got a good price for it and
bought some of my stock.
That caller to my help-line had a problem. The problem once
resolved actually made him wealthy within just two years. The
last time I heard from him was when I received a photograph of
him enjoying a luxury holiday on a beautiful sandy beach with
his wife and two lovely children
If you really have faith in a business, you dont need any
starting cash for a one horse race youll find it anyway
right under your nose.
You can read other real-life stories on my website, just click
on the link Case Histories.
*****************************************************************
**** Resource Box: Article by Harry S Richards. Former Street
Urchin and Founder of Beauforts PC Trading. Learn from his
experience: Go to: http://www.beauforts.biz
Idle Hands Beget The Devil's Work
As a southern girl, sewing was a rite of passage. You never questioned if you should learn, it was a matter of when. Though I possess the skill, it was rarely put to use. One .....
*****************************************************************As a southern girl, sewing was a rite of passage. You never questioned if you should learn, it was a matter of when. Though I possess the skill, it was rarely put to use. One .....
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About the author:
Harry S Richards started his business life as a Street Urchin
and a failed salesman who became a millionaire later in life
after being told a profound business secret. He is Founder and
Principal of Beaufort Projects UK