Create Your Own Job

Create For Cash is about anything you create and make money from. That could be a business, a product, a service, a piece of art, or an old tennis shoe. As long as it makes money.

A Small Business is a Work in Progress

I currently run five different businesses and I’ve never written a single business plan. I know I’m going to get comments from people who swear you absolutely have to have one. But here’s one thing I’ve learned from running a small business. There is no definitive rulebook.

In looking back on each small business I would have to say that even if I had written a business plan, within a few months it would have completely changed anyway. No matter what I do there seems to be a certain learning curve every time I try something new.

With a brand new invention I thought I knew exactly who my target market was. After all, I invented it for that market. But no matter how many times I knocked on the door, it wouldn’t open. It was only after I experimented with different markets that I finally found the one where the product sold the most and sold almost effortlessly. This would never have been in my business plan because I didn’t even know about it. [Read more…] about A Small Business is a Work in Progress

How eBay Deals With Counterfeit Products

If you’re going to be a product entrepreneur, sooner or later you will have to deal with counterfeit products. It doesn’t matter if you’re a tiny one item inventor or NIKE, it happens to everyone.

The first time I heard about a counterfeiter I looked up “wrist water bottle” on the search engines and found a picture of me wearing my own product on a Chinese website. Since it had a phone number I called them up. When they were trying to sell me my own product they spoke perfect English, until I told them they were selling a counterfeit product and I owned the intellectual property. Suddenly, “no English”.

When I found counterfeiters selling my product on ebay I called up the company to let them know. As a company that deals with multiple people selling everything from used bikes to used chewing gum thrown away by Brittany Spears, they have to keep a handle on counterfeits. [Read more…] about How eBay Deals With Counterfeit Products

Why Your Company Needs a Rainmaker

If you’ve ever been through a serious drought you know how it feels to get a massive downpour of rain. Companies go through similar droughts, whether through economic hardship, changes in technology, or just general changes in an industry. This is why your company needs a rainmaker.

In American Indian culture the rainmaker is typically a medicine man who would use rituals and incantations to artificially make it rain. This practice still goes on today in some parts of the world. The person who is able to bring the rain is the most valuable person in the tribe.

In business a rainmaker is the person who can bring in new revenue and find new clients. That person is the most valuable person in your company. Because without customers you don’t have a business. [Read more…] about Why Your Company Needs a Rainmaker

A Solo Entrepreneur’s Guide to Keeping Their Company Going After They Die

Guest Post by Alicia Lawrence

Death is the one thing we can count on in this life. We often push the thought aside to avoid depression. But in the case of a solo entrepreneur, death is something we have to be prepared for if we want our business to live on. While some entrepreneurs are fine with the thought of having their business die with them, others value all the time, sweat and tears they’ve poured into their work and hope it will sustain their family even after they are gone.

This is a guide for those solo entrepreneurs who hope to pass down their business to a family member or friend. One caveat before we begin: every business is different and, while entrepreneurs love doing things themselves, it’s worth your investment to have a lawyer or financial planner look over your business continuation plan to make sure you didn’t leave anything out. [Read more…] about A Solo Entrepreneur’s Guide to Keeping Their Company Going After They Die

Exclusive Distributorship Agreement for New Products

Exclusive Distributorship Agreement

You’ve invented a product and now you’re ready to take it to market. But don’t jump into an exclusive distributorship agreement with the first person who shows interest in your product. There are a few things you need to know first.

Never Grant Exclusives Without Guarantees

The first thing everyone will ask when they approach you about selling your product is whether they can have an exclusive or not. I can’t really blame them for asking. Because if they are going to put a lot of time and money into your product, they want to know that they have an exclusive to sell it and keep competition away. [Read more…] about Exclusive Distributorship Agreement for New Products