Do you know that with no money down you can make a profit?
But before you get to that stage, making money with no money down, you need these steps to occur beforehand.
Any change in your life begins with where you are in life. It may not be where you want to be at the moment, but you can’t deny that where you are is where you are. It’s about being realistic and acknowledging where you are in life. Which means never to demean or depreciate your or anyone else’s life in ANY fashion Beating yourself or others up for where they are does not fix the issues. But taking stock of these things is the first step to dealing with what life has thrown at you:
- Who are you? – What are your multiple talents that you have, whether it’s a great singing voice or you’re good with numbers or making stuff your hands. You need to take stock on all that you have within you. This may also include doing something you’ve never done before, even multiple times, to see if doing it regularly resonates with your soul. Do you LOVE it?
- Where you are? – Where are you in life now: teenager, midlife, near retirement age? How about your location, are you in an area that has natural resources? Are there others that you can partner up with? Locally? Nationally? Regionally?
- What do you have? – Lastly, and most important: what other resources do you have, not only personal, but in your community as well? Take inventory of everything, talents, skills, assets, resources, etc.
READ: Entrepreneurial Mindset
No money down
While the phrase “no money down” comes from the advertising world, I’m changing the phrase to mean you can make money without having to spend it. Or as some have wrongly stated, “You have to spend money to make money.”
The phrase “no money down” from an entrepreneurial perspective means this: What do you CURRENTLY have in your possession or which you can get hold of to put to better use?
- Assets – Do you have something at home, garage, or a storage facility that is NOT currently being used? An old car? Furniture? Hobbies that you no longer pursue? Or even clothes that no longer fit that you can sell to make some startup capital money?
- Resources – This begs the question: Who do you know? The idea here is that you know at least 100 people who you can contact that either you can contact for help, or more importantly, knows someone you can contact. It’s about asking to help you in some fashion. Resources also mean natural or other resources that are sitting around doing nothing.
- Talents – What have you, or someone you know or they know, done in the past that could be put to better use?
Trash into treasure
My uncle Glenn was a machinist. When I was a teenager, he took me out to his workshop in the back end of his property to show me what he could do. Along the way I passed what most teenagers considered was junk. So did I. Tons of rusted metal pieces that had grass grown over each piece. But he taught me a lesson when I naturally said, “It’s junk!”
But he replied, “No, each piece of metal is something waiting to have something created from it. I can machine any and all of the rust off and combined with other pieces, create something totally new from it. I add value, my time and effort, and now I can sell it to make a hefty profit, all from what you call ‘junk.'”
It’s about turning trash into treasure. Here is one example, turning an empty one liter plastic water bottle into a 50 watt solar light bulb.
Junk is more than a resource, it’s also a mindset, attitude, and efforts, too. But it’s about putting our creativity to work providing prosperity for all.