Business ideas

[overit]

The basic concept of assistance with household stuff is not new.
I live in a regional centre of only about 55,000 pop and there are three different organisations offering to do any general maintenance. One is called (yuk!)
"Hire a Hubby".
They do anything from changing light bulbs and smoke alarm batteries to window cleaning, sweeping paths, changing tap washers etc., all the small stuff that does not require a licence.

Good point that there are plenty of people doing this already. Thats why I would have a different focus. I think scheduled tasks are the go. Get yourself a clientele and you have routine work. Much like a lawn mower man who does your lawn every 3weeks or whatever. Thats why I would focus on doing a "service" not a repair. Repairs only happen when the thing breaks. A service happens at regular intervals meaning more work.

Good business for this is a window cleaner. When you build up your clientele base you get a cyclical schedule. Windows need periodical cleaning. Round and round the merry go round we go! $$$$$$$$$$$$$$$$$$$$

 

[trainspotter]

Thanks robusta. Was not trying to come across as a heavy.

The idea behind the thread is to find a low cost seed capital business that is self perpetuating that does not require an Einstein moment to start up.

The "light bulb" idea was to show you how it can be done. With the light bulb business you do not have to be qualified at anything. No red tape, no government departments, no union involvement etc ad infinitum. The "light bulb" theseis demonstrates the perpetuity of the "product". Almost an inexhaustible supply if you will.

You need to look at something in a different way to make the most of it. Something that everyone already has, is cheap to buy, does not require governement or council approval or unionist or trade tickets to implement.

 

[So_Cynical]

Hard to believe a thread about selling used light globes has got to 3 pages.

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My business idea would be to save up and get yourself 50K then use that to help borrow 100k then get yourself a PC and a good net connection, open a online broking account and start making money...oh and you'll need a plan of some kind and the discipline to follow it.

This has the advantage of being home based, doesn't require any qualifications or licensing and is reasonably (physicaly) easy for anyone to do. start up capital and mental suitability being the only real barriers to success.

 

[robusta]

I know there are plenty of service businesses around ; Hire a Hubby, Jim's Mowing, .... Just need to find a niche and or competitive advantage. (if I knew the answer I would be allready doing it and offering you the exclusive rights to run a franchise in your area).

There must be something we can work out for retired and semi retired people to earn money from time poor double income hoeseholds.

 

[noie]

Aaaaahhhhhhhhhh now the light globe comes on !

GOSH noie ...... go back and read this from the start please ! We can do with more free thinking people like you. I am more than happy for it to be $30 with flash diagrams etc etc.

We are talking about volume and velocity business here. Small numbers off many people makes light work. HAHAHAHAAAA

It is already working in Japan BTW. It works here as well.

Anybody got any "bright" ideas of similar consequences? HUH???

I am serious about the pearl equation if anybody is interested. ???

Well, one of the reasons why this model works so well here:
120 million people in Japan over 30 million in Tokyo,
They love having the latest of everything, and saving every Yen possible
large families live in small houses, there is a high % for door knock answers

and no for the pearls thanks, if there was something i really wanted worth over 1000, i would put it on credit card and sort it within the month.

 

[easylikesunday]

Mine is a little more expensive but its something I want to do after I sell my house.

Buy 3 white GTS Monaros (HK, HT & HG) = $150,000

Get yourself a hire vehicle licence and insurance. $5,000 a year?

Charge the 3 cars out at $1200 for 4 hours. Do weddings, formals etc etc.

Do 5 jobs a month @ $6,000 ($72,000 year)

Less fuel and expenses and you would pay the business off in 3 years and your 3 Monaros would be an ever growing asset.

Would be handy if you had a brother and dad to drive with you or trustworthy mates to save on paying a driver.

Hell I wouldn't mind driving a 68 coupe around on a Saturday morning with a backseat full of tipsy bridesmaids!

 

[So_Cynical]

Get yourself a hire vehicle licence and insurance. $5,000 a year?

I looked into this in NSW a few years ago...from memory it was quiet expensive and rather complex

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Looks like QLD has a 2000 dollar annual fee for there 'Special Purpose Limousines' permit plus the usual list of bullsh1t requirements...police check, etc and the vehicle with need a special certificate of inspection every 6 months, special insurance etc etc..Limousines are often treated like Taxi's by Government departments.

http://www.tmr.qld.gov.au/~/media/b...usines/pdf_special_purpose_limousines_faq.pdf

 

[trainspotter]

I know there are plenty of service businesses around ; Hire a Hubby, Jim's Mowing, .... Just need to find a niche and or competitive advantage. (if I knew the answer I would be allready doing it and offering you the exclusive rights to run a franchise in your area).

There must be something we can work out for retired and semi retired people to earn money from time poor double income hoeseholds.

Exactly the way I am thinking robusta. Home security systems were very profitable awhile back but had to be licenced, police clearance yadda yadda yadda. Electricans had to be involved to power up and quite a headbang.

Not looking at replicating what is already out there in the way of Handyman services blah. Something that is clean, does not take a lot of skill (this way you can employ meat with hands to do the job) and is very cheap to setup.

Lightbulbs are cheap, clean, convenient, cheap to setup, no licence required and every house has the need and the requirements to take advantage of the service on offer.

noie is onto it but the conditons of the market in Japan is different to what we have here. The Japs are techno savvy and the density of population for doorknocks is a sure fire winner. Not sure if Aussies are quite ready for this kind of business just yet.

Maybe the business could be tweaked to be a Compact Fluorescent Light globes replacement for the old incandescent type? Charge say $50 a throw perhaps?

Sort of defeats the purpose because the beauty of the system was to use the existing light bulbs into the next victim .... AHEM I meant customer.

A mate of mine already has a GTHO stretch limo business in Perth. Runs 5 cars. Makes good coin BTW. But not for me thanks. Large capital outlay and really bad hours. Not unusual to be home at 2am then clean the cars. PASS.

Day trading is the other obvious answer to suit the equation but it would be posssible to nibble away at the input capital too easily IMO. Greed is good kind of thing.

 

[gav]

Maybe the business could be tweaked to be a Compact Fluorescent Light globes replacement for the old incandescent type?

The Victorian government already has door-knockers doing this. They replace your old globes with new energy-saving fluorescent ones. And it's free.

http://www.premier.vic.gov.au/premier/speeches.html?task=text&media_id=214

I got the door knock late last year. However the life span of the globes they give out is pathetic. I've had to replace 8 of them already (only 2 of the originals are still in use).

 

[todster]

Thanks robusta. Was not trying to come across as a heavy.

The idea behind the thread is to find a low cost seed capital business that is self perpetuating that does not require an Einstein moment to start up.

The "light bulb" idea was to show you how it can be done. With the light bulb business you do not have to be qualified at anything. No red tape, no government departments, no union involvement etc ad infinitum. The "light bulb" theseis demonstrates the perpetuity of the "product". Almost an inexhaustible supply if you will.

You need to look at something in a different way to make the most of it. Something that everyone already has, is cheap to buy, does not require governement or council approval or unionist or trade tickets to implement.

I would not have thought putting insulation in roof spaces needed to much in the way of qualifications and look where that ended up.

 

[trainspotter]

I would not have thought putting insulation in roof spaces needed to much in the way of qualifications and look where that ended up.

Completely agree todster on this matter. But with insulation in the roof scheme you are open to alot more elements and risk factors. Electrical wires and tin foil don't mix for starters. Downlights have to have heat covers over them etc. Possible to fall off or through roof as well.

I am talking more about a "pet rock" business .... remember them? Glue a pair of eyes onto a rock and sell them for like $4.00 each? It was a fad before it's time. Inexhaustible supply of rock. Fad was over too soon. Still some service stations in FNQ have them with a cute little name tag of the town you have just filled the petrol tank up in.

The "light globe" thesis was one example how to start up a low seed capital business that can perpetuate as you are using the same product from one house to another. The cost is only $10 so therefore it is highly unlikely that the client is going to call the cops or chase you with an axe. Hey man if it gets that heavy just give them the $10 back ????

The idea is for VOLUME and VELOCITY business to create income on a small dollar transaction basis that increases due to sheer number of punters. Sort of like the residual income that people get from alarm monitoring systems.

Now there is a good business with a passive income. Install alarm system for $2500 into home. Then take $50 per month for monitoring fees that only cost $10 per month to monitor. Therefore you have made about $1000 on the install to cover overheads then $40 per month on the monitor. Get 500 clients and I am sure you can do the math. BUT you have to have a police clearance, extensive training, licenced and HIGH setup costs.

 

[moXJO]

The "light globe" thesis was one example how to start up a low seed capital business that can perpetuate as you are using the same product from one house to another. The cost is only $10 so therefore it is highly unlikely that the client is going to call the cops or chase you with an axe. Hey man if it gets that heavy just give them the $10 back ????

.

Just a side note on these low cap startups is that you need public liability ($750ish depending) and workers comp for employees if any. Also you need to pay GST?

I had a mate who cleaned and deodorized people’s bins after they were emptied and charged $5 per bin. I think he even made a trailer that had some special design to improve productivity. The problem with these ideas is anyone can do it and just rip off your idea.

 

[ck13488]

how about a water pressure cleaning business. all you would need is a van, pressure cleaner, signage, maybe some sort of chemicals?

offer to pressure clean peoples driveway, path, house etc. Use their water, possibly electricity? if you dont get a diesel hot water pressure cleaner. able to do a few houses a day with low overheads. quite a high potential for repeat and referred business.

i pressure cleaned the gutter out the front and it looked like fresh laid concrete compared to the neighbours mouldy black gutter...not long till they asked if i could do theirs too!

 

[Julia]

how about a water pressure cleaning business. all you would need is a van, pressure cleaner, signage, maybe some sort of chemicals?

offer to pressure clean peoples driveway, path, house etc. Use their water, possibly electricity? if you dont get a diesel hot water pressure cleaner. able to do a few houses a day with low overheads. quite a high potential for repeat and referred business.

i pressure cleaned the gutter out the front and it looked like fresh laid concrete compared to the neighbours mouldy black gutter...not long till they asked if i could do theirs too!

To do large driveways etc successfully you need a large commercial cleaner, not just the piddly little household ones which take forever and even then give a less than perfect result.

I get mine done every year, but it's hard to see that the bloke makes much out of it. Sure, it's my electricity (minimal) and my water, but he spends about three hours to get a top job and charges about $130. Hardly going to get rich on that when he deducts cost of his machine, vehicle rego, insurance etc.

There are also substantial volunteer organisations these days doing little household jobs for people, including shopping, escorting to appointments etc where elderly folk are unable to do this independently. So I wouldn't think there's an untapped market in that area.

 

[ROE]

Thanks GG ..... it is too good to be true. It does work in real life. WHY has no one else thought of it?

Nothing like Storm Fin group BTW. We are talking about $10 per customer. Not taking your life savings off you.

if you steal a dollar or $100 dollar it still make you a thief

I cant believe people with money to invest justified themselves ripping off someone for a few bucks is an ok act

in my eye you are still a crook whether it's $10 or 10 cents..

In fact most scam and thief start out with a small scam like these
over time they keep telling themselves oh it's only another $10 more
or another $100 more doesn't hurt any body...

This isn't a business idea, it's a scam ideas

 

[trainspotter]

if you steal a dollar or $100 dollar it still make you a thief

I cant believe people with money to invest justified themselves ripping off someone for a few bucks is an ok act

in my eye you are still a crook whether it's $10 or 10 cents..

In fact most scam and thief start out with a small scam like these
over time they keep telling themselves oh it's only another $10 more
or another $100 more doesn't hurt any body...

This isn't a business idea, it's a scam ideas

Thanks ROE ..... I will take your advice on board. TA !

 

[ROE]

Thanks ROE ..... I will take your advice on board. TA !

I got a better business ideas for you it required a bit of technical skills
see if you can work it out..

you do it once maybe 6 months of hard yacka (10K outlay) but it generates maybe several years worth of income after you done it ... and it could amount to hundred of thousands of dollars while you do nothing at all ...just drink nice coffee
money keep rolling in each month...use that money to buy stock to generate more income life is beautiful with technology....

once that income sort of slow down and you want more money, spend another few months of hard yacka and repeat the process but it get easier each time you do it as it's object oriented and it can be reuse a lot of the stuff you did some months ago.

There are kids with a bit of a brain that are already making miliions not one but dozen of them and you have million of customers every day , 24/7 and more growing each day..

and if you lucky and that company start with A email you or call you up and say hey we like to feature your stuff as XXX of the week

watch that bank account, 10 times more money just keep rolling in more than you can handle

you ripped no one off, everyone of your customer is a willing participant and they know how much they pay for and what they get in return....all your hard work is paid for in 6 digit figures and you just enjoy life every day and get to buy really nice toys too

 

[trainspotter]

NOPE ....... enlighten me ROE .... I give up. ???

 

[Whiskers]

The first 'Ãdea' people should get when thinking of going into business is, do I have the right temperament (the combination of mental, physical, and emotional traits of a person; natural predisposition ) to be a business owner as opposed to an employee.

But for most of us at some time or another, it's a case of ego/ambition presiding over better judgement... not knowing what we don't know.

I've seen a few people try and fail admitting they don't have what it takes... but many more blame the economy, competition etc for their business failure.

If you have the right 'temperament' you can make money from everything/anything you do, but you will not do everything/anything trying to make money.

...end of seriousness...

 

[trainspotter]

The first 'Ãdea' people should get when thinking of going into business is, do I have the right temperament (the combination of mental, physical, and emotional traits of a person; natural predisposition ) to be a business owner as opposed to an employee.

But for most of us at some time or another, it's a case of ego/ambition presiding over better judgement... not knowing what we don't know.

I've seen a few people try and fail admitting they don't have what it takes... but many more blame the economy, competition etc for their business failure.

If you have the right 'temperament' you can make money from everything/anything you do, but you will not do everything/anything trying to make money.

...end of seriousness...

Nice post Whiskers ....... seriously !