Friday, July 19, 2013

Internet Cafe, a 35.9 billion dollar thriving industry in challenging times.

I was doing my usual surfing through the classifieds looking for new ways to make money. I landed on an interesting ad for an Internet Cafe that was for sale. At first I assumed the business was for sale  which made me curious about the $1,000 price tag. So being the inquisitive person I am I answered the ad asking a few questions.

The owner told me the business plan is professionally written and already approved by the bank. All I need to execute the business plan and build a 6 six figure income is a downpayment on the start up loan or collateral, a healthy credit rating, industry experience and commitment to my investment for the next five years.
The reason for selling the business plan is to regain the money that was lost in a bad investment. Chase already has a business that is going well and is not interested in opening up a cafe. At least not right now. So I decided to look into this market and see what the possibilities are. I interviewed a four business experts and a couple of bankers I know. They all agree that an Internet cafe would be a winner even in this economy simply because it caters to a wider market than an ordinary cafe or coffee shop. The selling point of the Internet Cafe is the marketing strategy. Unlike traditional cafe's, the Internet Cafe combines the wide spread addiction of video games and computers with a traditional coffee shop atmosphere to redefine the social experience.

Internet cafe's are nothing new. They've been around since the early 1990's. One thing I like about the Internet cafe industry is it's ability to cater to the ever changing tastes of the local economy. It's such an out of the box business model and I think that uniqueness is how this business has been able to survive all that the economy has to throw at it at and come out on top. Today's Internet Cafe's are a pleasant  upgrade to the Internet cafe I used to frequent in my twenties. That one was a dump that didn't have much to offer but it still made a six figure income off of Internet addicts that had no computers at home and gaming junkies that just wanted to get out of the house but can't stop gaming.

I was a regular at the local Internet cafe despite the fact that I had my own computer and internet connection at home. The Internet cafe allowed me to get out once in a while and go somewhere I felt entertained. Today's Internet cafe caters to book worms video game addicts and Internet junkies alike.

So anyone who is interested in owning their own business but doesn't have the time to write the business plan here's one with the work already completed

Wednesday, January 9, 2013

Create your own Cash Mob and Make Money Doing It.

If you could join a club that allowed you to shop below retail and make money doing it that club would called Cash Mob One Thirteen. While it is common knowledge that the purpose of any cash mob is economic stimulus. Our mission is bigger than that. Cash mobs generally focus on one store at a time and the shopping spree is usually limited to the amount of money the group can put together. Cash Mob One Thirteen’s mission is to stimulate our local economies by attracting the products we want to buy to our online group. Our purchases help stimulate the US and Canadian economies by restricting the sale of goods sold in this group to items made in Canada & the U.S. When we buy domestic we help stimulate our economy and create a demand for new jobs. Here is the direct link to the group for those of you who want to see this for yourself. It's only two days old and I am still building it but once you see how it works you understand better. Click Here To See My Work

I use the company shown in the banner below as my product supplier. The beauty of this is the drop shipping. I mark up their prices by two or three hundred percent to bring the wholesale prices up to just below retail. I collect the difference between what I charge for the products I offer and what I pay the supplier to buy the product and have them ship it to my customer. No frontloading no warehousing and no inventory to worry about.  Your #1 Wholesale Source!

My only cost is website fees and advertising. The best service for ecommerce websites like this is Go daddy. Go Daddy Featured Offer! $3.99 .COm with Free Privacy! Offer ends 1/15/13! But feel free to find your own service. Just make sure they have e-cart or some form of shopping cart and payment collection options to add to your website so you can get paid both ways. I also reccommend using a prepaid debit cards or a Paypal account to collect payments from customers. This keeps your financial information safe from theives. I will have some direct links for cards and more website services tomorrow. If you don't want the expense of a website right away, start with a facebook group or a yahoo group and grow from there. More tomorrow as the time permits.