In Undercover Billionaire, Glenn Stearns started with a hundred bucks and attempted to build a business valued at 1 million dollars and he started with scavenging used tires.
Okay. I don’t want you to think I’m completely enamored with this show. All right—I am completely enamored. I would have never in a gazillion years thought about scavenging for tires to make enough cash to purchase a used car to flip.
There’s a lot wrong with the show. For example, why did the guy who bought the tires agree to pay $1500 when it was completely obvious that Stearns just randomly had rolled them out of a trash heap?
No one in the show may have known who Stearns and company were but they had one advantage that cannot be ignored—they were being followed around by a dang camera crew. I don’t know about you, but if a person walked into my office with a camera crew and asked if they could help me build my business, I’d wonder what the hidden agenda was, I’d think I’d at least probably get some free publicity.
I don’t think the point here is that the show is slightly rigged in favor of the contestants as much as I would have never thought of selling tires.
Way back in the first post, I wrote, “If you don’t have enough money, your problem is not a lack of money but a lack of imagination.”
Selling abandoned potentially stolen tires takes—um—imagination.
What I’m saying is this challenge is hard. I didn’t think it’d be easy, of course.
Just writing this blog has been difficult to keep up with. Yesterday for example, I went on an impromptu private home tour at 8am, met with some people for a coffee to talk about how we could partner together with our different services, went for a walk, attended my kid’s cross country meet, read a book, answered student emails and corresponded with local city authorities, put in an offer on a house for a client, negotiated off and on all day with the listing agent until almost 8pm, realized that marketing consulting is a viable avenue in starting this idea for a marketing business, and finished writing this post at 10pm. And I only completed half my list.
Did I come closer to making up the $4000 loss?
I have no idea; I’m out of ideas, and I feel like I’ve hit a brick wall. Tomorrow, my top priority is scheduling a consultation with my business coach.
I will say, a really cool thing is that one of the reasons people write is to know what they think. And just by the very effort of putting this together late at night did I realize my next logical step is to call my business coach, and go to the people who have ideas or can help you at least begin to jumpstart that thinking within.
