I have enjoyed arbitrage and free markets throughout my formative years and developed an understanding of the creation of value and the necessity to facilitate the goals of buyers needs under any circumstance. Early on I found satisfaction in fulfilling the needs of people associated with me while maintaining a normal rate of return, although some cases showed a loss. Trials and tribulations experienced throughout the course of my early career have proven: to be successful you must find people in need or want, economically and efficiently collect said need/want, and finally be in the right place at the right time to profit on your transaction.
Early on I would make necklaces with materials procured form Hobby Lobby and sell them to my classmates for a profit, which of course was against the rules and subsequently resulted in a paddling. The pain of the paddle was worth every bit of revenue I made prior to being caught! I proceeded to buy and sell candy and trinkets through ought my younger years and enjoyed the thrill of making the sales.
Hurricane Katrina was an environmental disaster which was not foreseen and therefore unplanned for by everyone affected by the storm. As local high school kids in Birmingham, AL my friends and I having just begun driving were eager to service our community in a time of leaf and fallen tree prominence. We created a flyer indicating we were “Yard Clean Up Specialist” and equipped and available to rake fallen leaves ASAP. As it was a workday and we were up early we went door-to-door applying flyers, upon coming to the end of the street our phones began ringing for business. At one point we ventured into a nice neighborhood and put out our fliers. A gentleman called and indicated a tree fell in his backyard and his wife wanted the tree removed ASAP, could we please accommodate? I immediately informed the potential customer of our age, our position as temporary lawn men, and our lack of insurance and professional equipment to cut up a tree. The man insisted and ensured us he would provide all the necessary tools, at which point I declined the job. We were busy raking leaves and the gentleman called back to request our leave services at which point we did arrive at his house and clean up the leaves. The job was completed in good fashion and the gentlemen posed a question, how much would it take for the four of you to remove this tree if I supply the equipment? He went on to explain all the tree companies were booked out for three weeks and the tree must be gone very soon. My associates and I discussed the fact we were making about $50 per yard to rake which took no more then 30 minutes and we had a lot of jobs lined up from our flyers. We had no experience or idea regarding the amount of time it would take to complete the job requested. We decided to offer a price of $800 and we would take the firewood, which we could sell. Much too our surprise the offer was accepted and we were officially in the tree business for a day, or so we thought… We were out of our league and we did make a profit considering our only input was transportation and time spent. We all walked away from the event with happy pockets and very happy customers.
A friends dad owned a Nextel store in high school and contacted me regading a position in outside sales for Dish Network which would be a good fit for me. I learned the details such that we can install next day as opposed to three weeks through Dish Directly, it cost no more to the customer, and I would make $100 per dish sold. During this time the great recession had yet to hit and houses were being built all over town. I took notice that many of the subdivisions did not have cable layed yet and were forced to dish service. I would patrol town looking for Uhaul trucks in the new neighborhoods, let people know I could have them watching tv tomorrow, to which there response was Dish said three weeks. It was easy, too easy. The market crashed and the easy pickings were over.