Tuesday, March 1, 2011

a new business for March: timing is everything

I havent written on my blog for a while. I suppose February idea was difficult to implement over a month period and will need some more working out. I met with the lawyers as the cooperative model for fans has to be legal and i think i have a good handle on what to do now. Strangely enough, a whole side business in women's owned coops for crafts ( and i mean great businesses) have come and asked me to help them set up a large coop which is very exciting. For the fans coop, i have been speaking to Maritzburg United and today i will chat to Supporters Direct (UK) on which the idea came from initially. I am quite excited about this. Needless to say I wont give up on this awesome idea because people love it. Stickfighting grows stronger everyday, The first world tripe festival is happening on the 19th March, but it is March and i need to start a new business. I read a small little article in the Argus about how 1c and 2c pieces are legal currency BUT no one really wants them and the banks dont want them and retailers dont want them, and people put them in jars. So there are literally billions lying around in tiny currencies. I have thought about this before many times but when i see a newspaper article like that it is giving me a message....the time is now. So the business idea is to set up collection points for 1c and 2 c pieces and 5c pieces and 10 c pieces ONLY. I will work on a business concept to either count or weigh and then provide the customer with cash notes less a margin of profit on each transaction. I dont have a name for it now but maybe someting on the lines of "rands and cents", cents exchange, help me someone! The lesson here is when you see the opportunity then you need to move quickly, as i am sure there as others who have seen the same opportunity as you.