Full Version: Business ideas needed.....
From: AnthonyC [#8]
20 Aug 2006
To: Becky (KIAIJANE) [#7] 20 Aug 2006
Hey Becky
My 1st question is "why not tap into their list?
2nd "Who's list is bigger" (Do you know?)
And that evil Uncle Steve is right...as much as I hate to admit it!
best Regards
Anthony
From: Becky (KIAIJANE) [#9]
20 Aug 2006
To: AnthonyC [#8] 20 Aug 2006
I don't think I understood what Uncle Steve meant by:
Don't forget another option.... "They" are planning to bring more products/processes in-house and this is just a first step!
I was probably focusing too narrowly on the scope of the meeting, viewing it solely as a way to introduce myself as possible means of outsourcing.
In answer to question 2, I guarantee his customer base is way larger than mine.
One of my problems is, I have gone from having a partner who was directly responsible for sales (and has a degree in sales and marketing) to having to do both sales and production. I am a stay at home mom who is good with a computer and a laser. LOL I am having to learn about the sales end of it on the fly. So I have to really learn to look at situations and networking "outside the box" and that's where I struggle.
That's why this forum and it's members are so incredibly valuable to me....cathing me up on my huge learning curve . LOL
From: UncleSteve [#10]
20 Aug 2006
To: Becky (KIAIJANE) [#9] 20 Aug 2006
Not saying they will, but I have seen it too many times including some reports right here in the forum a way back.
From: AnthonyC [#11]
20 Aug 2006
To: Becky (KIAIJANE) [#9] 20 Aug 2006
Hey Becky
Forget about Uncle Steve, he is Evil but a very shrewd business man.
I think he will explain what he meant.
There is no problem just starting out. That's why I asked the questions I did.
What are you trying to achieve?
And let's move from there
BR Anthony
From: AnthonyC [#12]
20 Aug 2006
To: AnthonyC [#11] 20 Aug 2006
See! I told you he would explain!
And he's faster than me
From: Stunt Engraver (DGL) [#13]
20 Aug 2006
To: AnthonyC [#6] 20 Aug 2006
Anthony,
That statement should be self-explanatory, but could you provide examples of the two mindsets?
EDITED: 20 Aug 2006 by DGL
From: Becky (KIAIJANE) [#14]
20 Aug 2006
To: UncleSteve [#10] 20 Aug 2006
From: Becky (KIAIJANE) [#15]
20 Aug 2006
To: AnthonyC [#11] 20 Aug 2006
Anthony-
I have always been of the mindset (right or wrong) that when a customer asks you if you can do something, the answer is always "yes"
You figure out how, after the customer leaves.
What I am looking for is a local supplier of quality embroidery so that I can expand my product line without spending a dime on equipment or staff. Likewise, I am looking for someone with a similar interest who would be interested in carrying my products either as custom wholesale "outsourced" items or retail items in their storefront.
Those were my expectations when I was first given the lead and thought about trying to set up a meeting. If those thoughts and expectations are either too unrealistic or too narrow (meaning I could do more with such a business contact), that would be good information to have going into it. LOL
B
From: UncleSteve [#16]
20 Aug 2006
To: Becky (KIAIJANE) [#15] 20 Aug 2006
I am not saying they will play the game, but just keep in mind that it takes many thousands of dollars in equipment to just get started with multi-head/multi-color embroidery and there is a large learning curve with the digitizing, etc.
Engraving, while not quick and easy to become an expert, can be started up with more than acceptable output on many basic products for a couple of thousand for a good, used rotary engraver. Tie that in with some graphic experience with Corel and it can be productive and profitable as an add-on in a relatively short period of time.
Just provided as a suggestion to keep your eyes open. Your side of the deal to offer embroidery is a great idea since caps and shirts go very well with sports and awards.
From: Becky (KIAIJANE) [#17]
20 Aug 2006
To: UncleSteve [#16] 21 Aug 2006
UncleSteve-
Thanks for the heads up. I wasn't really considering that as a possibility..I am too naive to think about things from that perspective. LOL It's certainly much better to go into it aware of all possibilities.
Thanks!!
From: Stunt Engraver (DGL) [#18]
21 Aug 2006
To: Becky (KIAIJANE) [#17] 21 Aug 2006
Regardless of start-up costs, for various processes, I think you'll find more people looking to enter a win-win relationship, (with both sides providing what the other company doesn't offer) than those looking to cut you out of the will, after you've helped them establish a market.
It does happen, but you'll see the writing on the wall, before it does.
If you're making money hand-over-fist, from a single customer, expect them to consider buying a machine and doing the work in-house.
In fact, you may hear your "business partner" thinking out loud, as to if they should do so.
Otherwise, bringing a new process in-house means buying more equipment, going through another learning curve and possibly hiring more people.
Most people won't do that, to make a few hundred dollars a month. It doesn't make $ense.
You're their hero. :-)
From: AnthonyC [#19]
21 Aug 2006
To: Becky (KIAIJANE) [#18] 21 Aug 2006
Hey Becky,
Sorry for not getting back to you sooner but I’ve been swamped.
I have a suggestion. I now this meeting is important to you. And could mean quite a revenue windfall if you get it. Why don’t we set up a time to talk about my crazy ideas and I’ll record the call. Should take about half an hour. That way everyone gets to learn from your experience. E-mail me at results@ultimate-marketing-solutions.com if it sounds interesting. I’m on East Coast time.
Let me know
Anthony
PS David I’ll be happy to explain when I clear this abundance flood! ;-)
From: AnthonyC [#20]
23 Aug 2006
To: Stunt Engraver (DGL) [#10] 23 Aug 2006
Hi David,
Here is the link for the MP3 of the consultation call I did with Becky this morning. http://www.ultimate-marketing-solutions.com/audio.html
It mainly deals with setting up joint ventures and tapping into a company’s customer base.
I also mention Abundance thinking a bit in the call. Let me know if you’d still like me to expand on it.
Let me know if you have any questions.
Best Regards
Anthony Coyne
Ultimate Marketing Solutions
NB The 20% commission I mention in the call is a 1 time payment not on a continual basis.
From: Stunt Engraver (DGL) [#21]
23 Aug 2006
To: AnthonyC [#20] 23 Aug 2006
I'm not much of a technofile. Is that link somehow downloadable to MP3 players?
I'll give it a listen. :-)
From: AnthonyC [#22]
23 Aug 2006
To: Stunt Engraver (DGL) [#21] 23 Aug 2006
David,
Yes. If you right click the link and select "Save Target as" (Just make sure you know where to find it. And then download it to your MP3 player.
HTH
Anthony
From: Barbara (RGILE) [#23]
23 Aug 2006
To: UncleSteve [#10] 23 Aug 2006
I would be afraid that they might see all the potential, and realize that they should tap into it themselves.
From: Stunt Engraver (DGL) [#24]
23 Aug 2006
To: Becky (KIAIJANE) [#21] 24 Aug 2006
Thank you for letting us eaves drop. :-)
Excellent advice that I'm sure many of us haven't thought of, or implemented.
From: Stunt Engraver (DGL) [#25]
23 Aug 2006
To: AnthonyC [#22] 23 Aug 2006
I listened at my computer, although it would be great to listen, while driving or doing some other task simultaneously.
From: Stunt Engraver (DGL) [#26]
23 Aug 2006
To: Stunt Engraver (DGL) [#25] 23 Aug 2006
To the other 2 Mac users on the forum, who don't have a "right click" option, go to Anthony's download page, where you can "click and drag" the title of the discussion to your desktop. :-)
Edit: Oops! Posted to myself. Maybe there's only one of us.
EDITED: 23 Aug 2006 by DGL
From: AnthonyC [#27]
24 Aug 2006
To: Barbara (RGILE) [#23] 25 Aug 2006
Hi David,
I thought I’d respond to your question about the abundance/scarcity mentality.
It was mentioned earlier that Becky might be careful about approaching a company with her ideas because if they work and are profitable, then the company might cut her out of the picture and pursue the idea themselves. Yes that does happen sometimes unfortunately!
When we look at the situation from this perspective, the majority of the time the idea dies on the table… then nobody wins! (Scarcity thinking)
In my life I believe that if someone rips me off, I get really mad for a moment. And then I compliment myself for having an idea that was good enough to be ripped off! It means I’m doing something right!
If I have ideas I can’t act on or use as quickly as possible. I try and give those ideas/ concepts to people who will act on them.
Even if they are great ideas. I give them away. No matter how incredibly profitable for me they would be. If I can’t bring it to fruition for whatever reason, I’ll just give it away. For no monetary gain at all. (That’s why people say I’m crazy!)
It is quiet common in the group that I work with; for us to hand off leads and ideas that we can’t act on. Or that which might not be as profitable as we would normally like. In cases like that we generally give the lead/idea to someone just starting out. Paying it forward.
It’s abundance thinking. There is always more out there! It’s The Law of Attraction! You bring into your life what you put out into the universe. I believe that by giving life to my ideas I can’t act on, the universe (God) rewards me with more new ideas. Or he brings people or opportunities into my life to make the things I act on work!
I honestly believe that most people in this world are trying to help me rather than hurt me or rip me off. It just makes my life flow a lot easier. And its fun!
Best Regards
Anthony
Results@Ultimate-Marketing-Solutions.com
PS David I don’t know if you want to leave this here or move it to “Off-Topicâ€ÂÂÂ