Thursday, January 8, 2009

Discover A Working Business

By David Trumble

Working from home is a dream shared by millions. There have been thousands of books written about how to start your own home business.

There are so many con jobs and rip-offs that most of us eventually get a little skeptical. There are endless promises, guarantees, assurances, and can not lose opportunities it makes your head spin. If you believe there is an ideal opportunity where you never have to sell, work, serve, or do anything but rake in the cash; wake up. If there were such an opportunity, I know I would have found it. And I have not.

So, is it possible to make a living from home? Absolutely, yes. There are legitimate things you can do to make a living from home. Please, do not think that I am some rich guy looking down my nose at others from my gilded chair. On the contrary, I am just like you. I want to pay my bills and take care of my family. I just prefer doing it from home. I like the convenience and personal benefits, but I do work from home.

For many years my wife ran a part time sewing business from our home. She worked when she wanted to, and she brought in needed extra cash. My meager salary as a small church minister was hardly enough to raise five children, so money was always tight. There were a few years when she did work outside of the house teaching 2nd grade and later 7th grade, but we really appreciated the fact that most of the time our children were small, mom was there.

Donna had become the consummate seamstress with a good reputation, but until we moved to Texas in 1992, she had only dabbled in sewing as a business. Then with the five children almost grown, she decided to get serious. With a small classified ad and a few business cards, she began getting huge amounts of custom sewing work. To our surprise, many people were calling asking for sewing machine repair too.

When opportunity knocks, you can either say yes or no. In this case, after saying no for several months, I decided to see what it would take to start doing sewing machine repair as a business. I traveled to a training in Denver. I found a mentor. I started learning. In a matter of a few months, I started doing sewing machine repair from my garage. Soon, I was doing five or six a week. Then we expanded. We opened a full service sewing store with fabric, sewing machines, and sewing machine repair. The repairs grew. We expanded again, and repairs grew. Today we service about 150 sewing machine per month.

I am amazed by the number of people I meet, who know nothing about sewing or sewing machines. It appears some people think sewing is something they to in China. When I tell them that I make a living doing sewing machine repair and selling sewing machines, they respond as if I were from another world.

I explain that there are some 85 million sewing machines in use just in the United States. Another 5 million new machines are sold every year. And guess what. Every one of those sewing machines requires sewing machine service and repair annually. That is a lot of sewing machines to fix.

I am not going to tell you that you can make a bundle of money without doing any work; but from my own experience, I will tell your there is a big opportunity in sewing machine repair. Here are some advantages: you can learn it in a matter of weeks; you can do business from your kitchen table, shop, or garage; you need no big overhead; you need no large investment; and you need no employees.

Start out by letting all your friends, neighbors, people at church, and everywhere else that you do sewing machine repair. Run a small ad in the newspaper. Pass out business cards. Maybe do a dozen or so machines free of charge. Then charge about half what the city sewing machine shops charge for another dozen or so. Then set your prices just under your competition.

Lets be practical. I make no promises because you set your own rates and you do all the work, however, what if you could earn an additional $300 per month or $4,000 per year and only work a couple hours a week? He is how it works. Say you do one machine each week. You charge $80 for each one. It takes about 2.5 hours to do a service. You have no overhead, no employees, no big investment; so you keep all the money. Do the math: $80 time 1 machine times 4 weeks = ______ or times 52 weeks = ______. Not too shabby for a couple of hours a week at home.

But what if you get aggressive. Maybe you are not satisfied with one machine a week. Maybe you decide you want to work your business say ten to fifteen hours a week and do say 5 machines a week. The numbers stay the same, but you multiply them times the added machines you do. In short order, you could be earning a part time income of better than $20,000 a year.

If and when you choose, you can expand your business. A really good full time technician might plan to service as many as 20 machines a week without working overtime. You can set up special arrangements with clubs, guilds, sewing shops, quilt shops, vacuum shops, and other locations to have them collect machines for you to service. You simply pick up and deliver the machines. Even if you pay a token fee or offer a group discount, you are in control. For each additional sewing machine you service per week, plan an additional $4,000 per year in income.

What is your maximum potential for full time sewing machine repair? Without opening a sewing store and without hiring employees, you will find that you max out between fifteen and twenty sewing machines per week. The more demand for your services, the more you can charge. The better job you do, the more you can earn. The faster you are, the more machines you can do. At $99 per machine and averaging 20 machines per week, you might see as much as $100,000 a year. Of course, this is really a pie in the sky estimate, however, you are in control. You set your own potential.

This is not get rich quick scheme. There no empty promises here. This is a working business that you can work. If you are good with your hands and mechanical things, you can do this. If you learn the secrets of sewing machine repair, you can do this. If you have common hand tools, you can do this. If you have half a dozen hours a week to work, you can do this. Forget about overhead, large investments, employees, and opening a store front until you decide that is what you want. - 15431

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