My first business ventures…
My first business ventures were plain stupid, made no money and to tell you the truth when I look back on them they are pretty embarrassing!
Back in 5th class I began my first mini business. For my birthday that year I got given a “rubber creature/animal maker.†It came with a little oven that went up to like 100Celcius. You pour a mix of liquid substance into a template tray of dinosaurs and creatures. Stick in the oven for a couple of hours and when it comes out they are rubbery and bouncy things. I decided I could try and sell them for 5 cents J I went round to relatives and school and sold a few before I got sick of it. Little did I know the whole time I was running on a loss but at the age of 12/13 money had little value to me. Costs such as electricity for the oven, the labor involved, and the amount of times I screwed up a batch were not factored into the cost giving my customers a bargain J
The second thing I tried selling was redskins. In year 7 I would buy like a kilo of redskins at the super market and sell them to friends at school, I always ate the profit and never had any money left over.
The third had a lot more success and actually led on to my Fiddle Australia business. I needed some violin strings for my violin so I did an Internet search and came up with a few websites in the US They were cheap as but had a large flat fee of $30 making them more expensive than over here in Aus.. The next day I asked all my music buddies if they needed anything, I kept nagging over a period of 3 weeks an eventually they gave in and ordered some. I had about a $350USD order. I ordered violin strings, rosin, guitar strings, bass strings and even guitar picks. Because the shipping fee was flat all the guitar strings (about 15 sets) evened out the shipping fees and every item was like $1 to ship. I made enough profit to cover my own strings and it was well worth it.
Little things like this have lead to bigger and bigger ideas such as my two sites I run today.
.VK.
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