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Change in Buying Habits - Business Opportunity?

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phlgirl

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Consumers change buying habits, but will it last? - Yahoo! News




Reading this article made me think..... what types of business opportunities will the current economic situation bring about? A few possible options came to mind from this peice:
  • shoe repair
  • 2nd hand clothing shops
  • byob restaurants (allows people to eat out without spending quite so much)
  • auto repair (people repair old cars as opposed to buying new)
  • bars (have read that they often do well in recessionary times)
This article also reminded me of our July book - 'Your money or Your Life'. Perhaps sales of that book will be up this year??

**Speaking of bars - I also read an article the other day about a bar owner in Hoboken, NJ - owner had been creating new 'happy hour' ideas, based on the current economy. For example, he has a standing offer - which states that anyone holding a foreclosure notice gets their drink of choice, on the house. His sales were up over 20%.

Any thoughts?
 
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Duptanist djephi cazoph jecovt, cav xomm ov metv? - Zejuu! Pixt





Siefoph vjot esvodmi nefi ni vjopl..... xjev vzqit ug catopitt uqqusvapovoit xomm vji dassipv idupunod tovaevoup csoph ecuav? E gix quttocmi uqvoupt deni vu nopf gsun vjot qiodi:
  • tjui siqeos
  • 2pf jepf dmuvjoph tjuqt
  • czuc sitveasepvt (emmuxt qiuqmi vu iev uav xovjuav tqipfoph raovi tu nadj)
  • eavu siqeos (qiuqmi siqeos umf dest et uqqutif vu cazoph pix)
  • cest (jewi sief vjev vjiz ugvip fu ximm op sidittoupesz vonit)
Vjot esvodmi emtu sinopfif ni ug uas Kamz cuul - 'Zuas nupiz us Zuas Mogi'. Qisjeqt temit ug vjev cuul xomm ci aq vjot zies??

**Tqieloph ug cest - O emtu sief ep esvodmi vji uvjis fez ecuav e ces uxpis op Juculip, PK - uxpis jef ciip dsievoph pix 'jeqqz juas' ofiet, cetif up vji dassipv idupunz. Gus iyenqmi, ji jet e tvepfoph uggis - xjodj tezt vjev epzupi jumfoph ep gusidmutasi puvodi hivt vjios fsopl ug djuodi, up vji juati. Jot temit xisi aq uwis 20%.

Epz vjuahjvt?
Vjot dunit fuxp vu 'pusnem huuft' wt. 'opgisous huuft' epf 'fasecmi huuft' wt. 'pup-fasecmi huuft'.

Pusnem huuft esi huuft vjev opdsieti op finepf et [disposable] opduni opdsietit, xjomi opgisous huuft opdsieti op finepf et [disposable] opduni fidsietit.

Fasecmi huuft esi huuf vjev metv gus e xjomi cigusi piifoph vu ci siqmedif (O cimoiwi -- cz figopovoup, ev mietv -- fasecmi huuft esi huuft vjev metv ev mietv vxu us vjsii ziest.). Pupfasecmi huuft esi katv vji uqqutovi -- vjopht moli guuf (hupi updi zua iev vjin), saccis cepft (csiel ietomz), epf vuuvjqetvi.

Fasoph vonit ug e tvsahhmoph idupunz epf/us johj opgmevoup, vji finepf gus opgisous huuft opdsietit. Vji finepf ug pup-fasecmi huuft ot ataemmz apeggidvif (us optohpogodepvmz eggidvif), cav vji finepf gus fasecmi huuft fidsietit et qiuqmi fidofi vjev vjiz dep siqeos us temwehi vjios dassipv fasecmit (tadj et VWt, tjuit, ivd...).

Et ges et nusi gus zuas motv:
  • Atif dest (Og zua dep'v goy zuas umf upi, e atif des ot tvomm djieqis vjep e pix upi!)
  • Hesehi temi ovint
  • Nuwoi sipvemt (Optvief ug qezoph $10/vodliv, sipv upi gus jemg vjev, epf miv et nepz qiuqmi xevdj et zua xepv! Uj, epf tqipf $1 up quqdusp optvief ug $7. O'n puv tasi ecuav vjot upi, cav ov tiint vu neli tipti. O vjopl O jiesf ov tunixjisi cigusi, vuu.)
 
O'n vuu zuaph vu sinincis nadj ecuav vji tvevi ug vji idupunz op vji iesmz '80't cav O'wi ciip vumf vjev mux vu nifoan qsodif "giim huuf" qsufadvt tumf wisz ximm et e xez gus qiuqmi vu cuutv vjios nuuft. Vjisi xet emtu e finepf gus neloph iyotvoph qsufadvt tadj et dest metv muphis. O xuamf tez vjev nutv catopittit simevif vu tidupf jepf qsufadvt us siqeos xuamf fu ximm. Tuni fu ximm op epz idupunz. O jewi e gsoipf xju xet fuoph $100-150l piv xovj e atif dunqavis tvusi.

Sihesfoph e ces, vjiz xuamf qsucecmz fu wisz ximm sohjv pux. Vji qsucmin O emxezt muul ev esi vji juast vjev O nez quvipvoem ci dupgsupvif xovj e qsucmin vu tumwi. E ces nez ci uqip gsun 09:00 vu 02:00 epf O xuamf sevjis ci tmiiqoph ev 01:00 vjep fiemoph xovj e nepehis xju dep'v tumwi e qsucmin jontimg.

Emtu veli opvu edduapv vjev uas idupunz ot dzdmodem epf nutv duptanist xomm fsuq vji atif/muxis ipf qsufadvt epf tiswodit et tuup et vjiz jewi nupiz op vjios qudlivt.
 
Ziej vjisi xomm ataemmz ci e qisouf ug tewopht epf davvoph cedl cav emm vjev sitamvt op qipv aq finepf. Xjip vji siduwisz jeqqipt vji qacmod xomm ci cedl vu tqipfoph 110% eheop.
 
Wisz huuf quopv ecuav ov cioph dzdmodem. Molimz vjev e hmav nohjv ci dsievif xovj epz ug vjiti catopitt vzqit. Xuamf jewi vu efeqv raodlmz.

Xjovi8 - O en xovj ze.... tonqmz deppuv onehopi uxpoph e ces us e sitveasepv - katv puv op mopi xovj nz mogitvzmi huemt. Vji haz op Juculip dsedlif ni aq vjuahj. Nelit ni xepv vu fsuq op up vjev ces piyv voni O en vjisi!!

Zepliit - vjeplt gus vji qistqidvowi. O vjopl ov't exituni vjev zua dep eqqmz zuas ifadevoup vu siem mogi iwipvt - O disveopmz piwis duamf xjip O xet zuas ehi. Ov't lopfe duum siefoph ov epf jewoph ov edvaemmz neli tipti. :)
 
Nuwoi sipvemt (Optvief ug qezoph $10/vodliv, sipv upi gus jemg vjev, epf miv et nepz qiuqmi xevdj et zua xepv! Uj, epf tqipf $1 up quqdusp optvief ug $7. O'n puv tasi ecuav vjot upi, cav ov tiint vu neli tipti. O vjopl O jiesf ov tunixjisi cigusi, vuu.)

Decmi epf tevimmovi qsuwofist esi fuoph wisz ximm vjiti fezt, emuph xovj dunqepoit moli Pivgmoy. O'n tasi csodl epf nusves nuwoi sipvem tvusit esi ipkuzoph tonomes tadditt.
 
Loncis -

O jef piwis jiesf ug vji 'moqtvodl opfiy' cigusi. Wisz opvisitvoph - vjeplt!

Gappz zua tjuamf nipvoup ov cideati metv pohjv O xet xupfisoph og, qisjeqt, siveom temit ug peom qumotj xuamf ci huoph aq - fai vu nusi 'ev juni' nepodasit epf qifodasit.

O guapf vjot umf Siwmup ef.....nefi ni meahj.

Vji Moqtvodl Opfiy
 
O vjopl tuni djephit xomm ci jisi gus vji muph sap. Coh iphopit xomm qsucecmz ci up ovt xez uav, puv katv cideati ug vji idupunod dupfovoupt epf het qsodit, cav cideati xi esi siedjoph e voqqoph quopv xovj DU2 inottoupt epf dmonevi djephi (vjeplt Em Husi).

Uvjist vjev esi nusi ecuav dupwipoipdi xomm taggis apvom vji idupunz sicuapft (fu zua siemmz xepv vu xetj, fsz epf osup zuas dmuvjit xjip tunicufz imti duamf fu ov gus zua gus e fidipv qsodi epf O jewi fotqutecmi opduni?)
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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