Posts Tagged ‘business’
Podcast: Play in new window | Download (Duration: 31:48 — 29.1MB)
Episode 354: The Monthly Entrepreneur…
Show Summary:
On today’s show I will discuss why having the drive and work ethic is one of the most important traits for any business owner. Also, I will discuss ROI(Return On Investment) and the decision-making process every business owner should go through before making an investment for their business. Should be a lot of fun, as I enjoyed making this podcast today!
Show Notes/Topics:
Adult Podcast
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This is an adult podcast – you are now officially forewarned
Why this podcast?
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The importance of creating extra income through your own business
Drive – Flexibility
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How much work are you willing to put into your business to make that entity successful?
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How much sacrifice are you willing to put in?
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Will you be consistent and persistent enough to make it?
ROI(Return On Investment)
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Will the investment make me money and improve my business in the future?
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Do I even know how to implement this new investment into my business model?
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Will your costumers like the new approach/investment?
Later,
Lat Cozad
latcozad@poormanprepper.com
Forum Is Now Open – Poor Man Prepper Forum
My podcast can be found on iTunes, Bluybrry.com, and Stitcher Radio. Also, I’m on Facebook, Twitter, and YouTube. And don’t forget to drop by my website and become a member of my email mailing list.
Podcast: Play in new window | Download (Duration: 37:55 — 34.7MB)
Episode 335: Owning A Business(4-2-2013)…
Show Summary:
On today’s show, I will discuss why working for an employer sucks and the need to find an alternate income(s) that leads to the forming of a business owned by an individual is paramount for income independence. In the world of the New Normal, having access to separate funding is key, if and when an employer decides to either lay off employees, or completely end the business. The reality of such a transition is real, as the safety and stability of working for 20-30 years for an employer is slowly going the way of the Dodo.
Show Notes/Topics And Links:
Adult Podcast
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This is an adult podcast – you are now officially forewarned
Don’t Forget About The Poor Man Prepper Forum
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Come by the forum, join and hang out
The Reasoning For Owning A Business
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Why working for an employer sucks
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Not having control of your income, or advancement no mater how hard you work at the job
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The real probability of being laid off/fired in today’s world
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Or the company that you are working for shutting down completely
The Reality Of Owning A Business
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They often fail
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And that is due to several factors, including not enough commitment made by the entrepreneur, sucky marketing and sales, crappy customer service and competition to name a few potential headwinds
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Any person interested in becoming an entrepreneur needs to understand that an incredible amount of work is needed to make it
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Starting with something small and then building that business to a full-time concern is usually the best route for success
Monthly Business Podcast
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I will introduce a business podcast that will be released one Sunday a month in the future – starting this month
Entrepreneur Blogs That I Visit
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Small Business Trends.com
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The Entrepreneurial Mind.com
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The Scott Adams Blog.com – The creator of Dilbert
Later,
Lat Cozad
latcozad@poormanprepper.com
Forum Is Now Open – Poor Man Prepper Forum
My podcast can be found on iTunes, Bluybrry.com, and Stitcher Radio. Also, I’m on Facebook, Twitter, and YouTube. And don’t forget to drop by my website and become a member of my email mailing list.
Photo credit: seeincolors via photopin cc
Podcast: Play in new window | Download (Duration: 28:23 — 26.0MB)
Episode 167: Rally Friday – I Built This!…
Show Summary:
Yep, I built it and without any government help either. That has became the rallying cry for many small business owners across America since the O-Man’s comments close to a month ago. Mittens and the rest of the R’s are doing their best to make political hay out of this whole drama.
But the political side of this is a joke. The real story is the actual people out there who make small businesses work. The people who bust their asses off just to make it, from one day to the next. Well this podcast is for you my friends. My hat goes off for you, as I salute you for all of the hard work, blood sweat and tears that you have thrown into your business to make it work. It’s more than the American dream. It is the dream of not having to work for the man anymore and controlling your own destiny. Damn right, you built it!
Show Notes/Topics And Links:
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The O-Man and Mittens are going to try make political hay out of this entire mess – but neither one of them could give a rat’s ass about small business owners
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They are too focused on taking money from crony big ticket businesses and Wall Street losers to care for the business owners out there, that struggle to make it – searching for their dreams
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Let’s forget about all of the political nonsense for a moment
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When you start a business, an incredible amount of time and effort is put into that effort to make it work
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And then, sometimes it still does not work
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But you tried, you tried damn hard to make it
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Nobody forced you to put all of those long hours in – you did it
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Scarified all of your time with the hope of not having to working for the man anymore
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Listening to the boss man tell you how to do your job
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A person who probably hates what they are doing anyway and does not want to be there the same as you
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But it is a job – not a business – not freedom – not independence – not your own ship
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And that is why you built it – the business that takes you away from working for the man, and calling your own shots
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You built it – be damn proud of that
Later,
Lat Cozad
latcozad@poormanprepper.com
Forum Is Now Open – Poor Man Prepper Forum
My podcast can be found on iTunes, Bluybrry.com, and Stitcher Radio. Also, I’m on Facebook, Twitter, and YouTube. And don’t forget to drop by my website and become a member of my email mailing list.
Podcast: Play in new window | Download (Duration: 34:18 — 31.4MB)
Episode 84: Stupid Laws…
Show Summary:
On today’s show we will be talking about stupid laws that private citizens have to endure in today’s “free society.” Most of these laws are set in place to make up for some great travesty that has befallen a very minuscule portion of society, but the rest of us have to endure that law so that this wrong can be made right. Also, I will discuss why these laws are a pain for businesses and why our economy suffers so that bureaucrats and politicians can feel important. And I will talk about a couple of developments that are happening in my personal life at the moment, starting at the beginning of the show. This should be an interesting show, so set back, buckle up, and enjoy the ride.
Show Notes And Links:
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In my life-planning on moving back to the Roanoke, VA area sometime in the next month depending on if I can land work before I move-I will keep you posted-I have lived in NC for five years now and I’m ready to move back to Virginia, so that I can be close to my family and the mountains
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The show will continue
Stupid Laws:
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State vehicle inspections-had to deal with this one recently
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Obamacare
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Americans with Disabilities Act of 1990(ADA)
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By CNS News, via The Drudge Report, New Disability Regs Limit Slope of Mini Golf Holes, Require Businesses to Admit Mini Horses as Guide Animals, by Elizabeth Harrington
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Why this is bad for businesses
Later,
Lat Cozad
latcozad@poormanprepper.com
My podcast can be found on iTunes, Bluybrry.com, and Stitcher Radio. Also, I’m on Facebook, Twitter, and YouTube. And don’t forget to drop by my website and become a member of my email mailing list.
Podcast: Play in new window | Download (Duration: 19:45 — 18.1MB)
Episode 11: Selling Your Stuff And Becoming Material Lean…
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Materialism of America
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Home is cluttered
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Too much stuff to keep up with
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Do you really need it?
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Making list of what is needed to be sold-losing sentimental attachment with items-or not selling
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Raising funds
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Using extra cash to pay down debt, save, or buy extra food
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Making smart purchases
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Dave Ramsey and Clark Howard
Later,
Lat
Podcast: Play in new window | Download (Duration: 19:46 — 18.1MB)
Episode 10: Using Flea Markets To Buy And Sale…
Buying
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Better than yard sales because
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Safer-not having to drive around
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Safer-not having to meet somebody in parking lot or wherever(Craigs List buys)
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As a buyer-better chance to haggle seller down on price-b/c of volume of people at market
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Prices will probably already be lower-b/c of volume of people at market
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Exercise b/c of walking around checking out different vendors
Selling(Not renting booth on a regular basis)
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Better than yard sales because
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Safer-more people at event-maybe police presence at flea market
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Safer-not having to meet somebody in parking lot or wherever(Craigs List sales)
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As a seller-better chance to move product-b/c of volume of people at market
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No sells tax-must of what you are selling is probably second-hand anyway
Show Links:
Blog Post About Selling At Flea Market
Later,
Lat
Podcast: Play in new window | Download (Duration: 30:22 — 27.8MB)
Hey Folks,
I hope everyone is doing great today. Today we are going to take a look at small towns across the country and see how the are dealing with the present day life in America. All of the stories that found today were located in the Midwest or the Northeast.
Today’s Show Notes:
- Local hardware making a comeback?
- Ouch; lots of debt for a town of only two hundred seventy-seven to pay for it.
- Fracking ban upheld by a local judge.
- Is fracking causing earthquakes?
- Did the Obama administration kill the Keystone Pipeline Project because of a possible earthquake caused by fracking.
- Wired news in your home town.
And problems in my home town with new conference center that was just opened. Well it is now closed until further notice due to conflicting engendering reports. Conference center cost 10 million dollars.
Update: unfortunately, I have still not attended a local town or county commissioners meeting. However, this weekend I intend to go through the recent meetings notes and see if I can find out anymore information about the closing the conference centers closing. This new center was supposed to be a huge economic plus for the town. I hope we do not end up like our fellow citizens in Schneider. Broke and on the hood for a lot of cash.
My trip to a local bookstore and my impressions.
- Will the small book store survive while the big box stores close their chains? Probably, at least for a while longer as they serve a specific niche books and convenience.
Show Links:
Freemont, OH-Hardware Store Opens
Schneider, IN-Town Drowing In Debt
Dryden, NY-Ban On Fracking Upheld
My Town-Gastoina, NC:
Conference Center Closed-Lots of money down the drain.
The Book Rack-Small franchise were I bought a couple of used books. Not a huge selection, but well organized. Nice management and very helpful. Worth checking out.
Crappy picture, sorry.
Take Care,
Lat
Hey Folks,
I saw this on two financial/economic blogs that I follow. The articles from these blogs point to a huge drop in petroleum and gasoline consumption. There are three articles combined that cover this subject. Two of which can be found on Mish Shedlock’s Economic Trends Blog that can be found here and here and one entry from Zero Hedge.
This looks like a pretty significant downward trend in oil and gasoline consumption. Could this be an indicator of an economic recession? To be honest, I do not know. The current economic conditions have really thrown the bears for a loop and I am slightly bearish these days.
For a different perspective, Calculated Risk keeps tabs on freight trucking and December showed a sharp uptick in deliverers from the trucking industry that can be found here. Part of this could be from a consumer that finally decided to open the pocketbook and spend a little more this holiday season. However, a 5.9 % tonnage increase from 2010 is significant.
The data from Calculated Risk seems to contradict the earlier posts from Mish and Zero Hedge. That is not at all a bad thing. There might not be any correlation between the data. However, any economic increase in the trucking industry would seem to indicate a stronger demand for energy; specifically diesel for the trucking industry and an increased oil demand for the economy in general. Both indicators will just have to be watched over the next couple of months to see if a pattern develops. Particularly oil futures.
I have kept an eye on oil futures since the 2008 economic debacle. During the worst days of the recession oil futures dropped down to the $30-$40 range. At the beginning of 2009 oil futures shot back up to around $50 dollars a barrel because of the Gaza War between Israel and Hamas. After that confrontation oil futures have gradually moved upward since the winter of 2009.
I do believe that oil prices are currently artificially inflated due to a couple of factors.
- The massive amount of quantitative easing by the U.S. Federal Reserve and other central banks across the globe.
- Geopolitical tensions: Oil prices are higher because of the Arab Spring and the current tensions between Europe/U.S. and Iran. Some of the increases that we have seen in oil prices because of this turmoil is legitimate. The damage to Libya’s oil infrastructure is one reason for the rise in prices. Now this is just speculation on my part, but I do believe that the Western powers have tried to keep prices elevated to keep Iran partially content. Oil after all is a huge driver for the Iranian economy and any substantial downward pressure on oil prices could be disastrous for the Iranian economy. That could push Iran to war.
Anyway, I will continue to keep tabs on oil futures and any current developments in the petroleum market. The economy is directly connected to oil futures as energy prices constitute a significant expenditure for both business and the consumer. This could be very interesting.
Lat
Hi Folks,
This past weekend I decided to take my first steps towards getting closer to my local community. Yep, I went to my local hardware store. The one located within five minutes walking distance from my home. The name of this establishment is East Gaston Hardware located in Gastonia.
Now to be honest, this is a sad admission on my part. I have lived at my current address for over four years now. And not once have I visited this hardware store. Instead, I always go to the big box stores to satisfy my shopping needs. By doing so I have missed an opportunity to help a local business. A local business that has the potential to bring value to my life.
Case in point; over the last two weeks I have been trying to find a particular product in the camping sections of two different Wal-Marts. The product that I was looking for was emergency firewood tender. This little search was for not, as I could not find the product that I was looking for. At that point I had given up any hope of finding this product and I was thinking about placing the idea on the back burner. Pun intended.
This brings us back full circle to our little hardware store. As I was browsing through the different wares at East Gaston Hardware I stumbled upon the product that I had previously been looking for at Wal-Mart. The emergency firewood tender and at the price of $3.49. A great deal in comparison to the prices that I saw on Amazon for similar products.
Peak oil is gradually bringing us back to our local communities. Our worlds are becoming a little smaller every year. So the next time you drive by a local business, turn around and give that small store a look. In doing so we can help build relationships with our neighbors. Bonds that could be important one day.
Lat







