The number of Americans filing for jobless benefits last week fell below 400,000 for the first time since early February, suggesting a labor market on the mend. The Labor Department says this is the lowest since February 8th and they predict that we have turned the corner on unemployment.
And in the meantime, while many are waiting for the “economy” to improve, thousands of people are simply getting into business for themselves, finding that opportunities abound. This Saturday I visited our local library for their quarterly book sale. I purchased 10 new books for less than $15. Many were selling for $.25. If someone needed a job it seems he/she could buy a couple hundred books at a place like this, place them on eBay and at least make $400-500. Just recently, a client told me he bought a book for $6.00 and sold it for $150 on eBay two days later.
Don’t tell me you don’t have enough money to start your own business. Entrepreneur Magazine tells us that 69% of all businesses being started require less than $10,000. 24% require zero capital. What it does require is a new way of “thinking!”
The SBA announced in June that it had created an additional $1.4 billion in lending funds for its primary 7(a) loan program. Most types of for-profit small businesses are eligible for a loan of up to $2 million that can be used for working capital: http://www.sba.gov/financing/sbaloan/7a.html
Service, information and technology offer many new opportunities without the usual need for capital, buildings, inventory, and employees.
Need more ideas? Get a copy of 48 Days To Creative Income http://www.48days.com/MainPages/Bookstore.htm