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Inner Circle Calls · #15

Raising Quick Capital With Odd Jobs (TFM 3)

With Odd Jobs
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Full episode transcript

Lightly edited from the original recording — fillers removed, nothing added. Income disclaimer.

Now, with that being said, let's get into some specifics. What I'd love to do is, as I introduced Arthur a minute ago, I'd love to bring Arthur out. And I've worked with Arthur for a long time, and I've seen Arthur be able to manifest money and be able to be a money magnet and attract money. You know, everything from being able to negotiate with friends and family to being able to put together different loans, whether they were bank loans or collateral loans, everything from using third-party services, big lending companies, some of them even with high interest rates, but learning how to work the system to its advantage. There's a lot of different things out there.

I've seen him be able to work with credit cards and do just magical things with them. So what I want to do, Arthur, is I want to bring you out, and I want to ask you a couple questions. And I just want you to share on a couple of topics, and then I'll share. We'll go back and forth on some creative ideas. So everybody on this phone is looking to raise money.

So what are some creative ideas to help people raise capital between $500 and $5,000 or more? So Arthur, why don't you come out? I know we talked about a lot of ideas that we could share. Why don't you come out and just pick one to start with, and let's just get into this. Let's just go back and forth, share some ideas, talk about them, have an open discussion, and see if we can help some people out.

Are you still there? Yeah, absolutely. Can you hear me okay? Yeah, I can hear you great. Take it away.

Cool. Well, first, before I get started on some of these sources, I just got to say, you know, one of the last things that you said that, you know, and you wanted to make sure that it hit home with people was that belief and confidence is the most important aspect of going out there and funding a business or funding a project or whatever it is that you're doing. And, of course, on here we're talking about, you know, Empower Network and, you know, being able to raise anywhere from $500 to $5,000. And I think that raising $5,000 is very easy if you have the right belief and confidence in yourself that you can absolutely do that. And I know that for myself, you know, I have had points in my life that I know that you've been a part of where my belief and confidence was just not there.

And, you know, and sometimes having, you know, people that you hang around, that you associate with, like yourself, Chris, and having friends like you is super important and it's super, like, cool and awesome to have because, you know, we're constantly, like, giving each other, or at least for me, I'm just going to speak for myself, but you're constantly giving me, you know, belief and confidence in myself in different areas. And there's been several moments where, you know, I've lost that belief and I've lost that confidence in something you said or something that you did that was able to push me in the right direction and go out there and just make it happen. And so you can be the most creative person in the world and you can be, you can have a ton of great ideas, but if you don't have the belief in yourself and the confidence, then you just, you'll never make it happen. And so that's, I think that's the foundation. I think it's super important to kind of really hammer that home.

And, you know, just a little bit of, you know, a quick story for me as far as, you know, raising capital. One of the first businesses that I was a part of where I needed to raise some capital was back in 2006. And, you know, I was, I was fresh out of a facility. I was, I was going through some, some, some tough times. I just got clean and sober.

And, you know, I had, I had some, some struggles that I went through, but, you know, I was, I was motivated. I wanted success. I wanted to get into business. I wanted to do things differently. I wanted to make a lot of money.

I wanted to change my life. There's a lot of things that I wanted to do. And, you know, I was like ignorance on fire. I wasn't really sure what it was going to take. I didn't have the skill sets.

I didn't have the knowledge, but I did have the desire and I had the belief. And the first business that I ran into was, was over $3,000. And the reality was, you know, I barely had a couple bucks and I was taking the bus. My driver, my driver's license at this time was suspended. I had a lot of things that were like limiting.

That were a lot of people would look at like, you know, well, I don't have a car. I can't do this. I can't do that. You know, I'm living in my parents' house. I had like a lot of things like that going on.

But again, I had the belief and I had the confidence that I could make it happen. And, you know, one of the first, funny methods and it's, you know, very kind of, kind of sweat equity type of funny method. One of the things that I did was I went out and I actually did odd jobs, Chris. I did odd jobs for two weeks. And, you know, this is one of those like real, like sweat equity type of, you know, like, funding, methods for my personal story, you know, from, from one of the things I did when I first got started, I was doing a found, I did some, basically like decks.

I, you know, in New York, you can't really do that right now because it's pulled out. But I, I, I like lacquered some, some decks. I did, I painted some masonry foundations. I basically went out and did odd jobs, labor, odd jobs, around the neighborhood, just knocking on doors, you know, and just basically seeing if I could help out around the neighborhood. Okay.

I was able to raise $3,500 that I needed in two weeks to get into that business. And what's really, what's really cool about that, the desire that I put into raising that money was the same amount of desire and energy that I put into building that business. And, you know, that business ended up going out there and generating close to a quarter million dollars in my first year. And I had no idea what I was doing. And so, you know, I think that the confidence that I had and the motivation that I had to raise that capital, when I started applying the same type of confidence and the same type of motivation for my business, I just made it happen.

And I thought it was, you know, a really kind of creative way to do things. And that was one of my first ways to be able to fund my business is just doing some odd jobs, doing some things around where you live locally in order to raise some money. So what, what are some examples, like just off the top of your head, either some things you've, you've done or some things you've seen others do for odd jobs that the average person can do? you know, let's, let's even take small money, like, you know, how, how, like for $500, if somebody wanted to raise $500, what are some odd jobs they could do, you know, where over a short amount of time, they could come up with $500? odd jobs, you know, like things that don't really require a lot of, skill set, a lot of skill set as far as, you know, buying any kind of big material or equipment, you know, maybe doing, maybe doing some type of like physical labor, things, as far as odd jobs.

I would say like, if you look at, if you look at, if you look at, if you look at somewhere where there's, you know, let's say it's winter time, there's snow, you can go like shovel somebody's front, front yard, you go to like a wealthy neighborhood and help out with, you know, clearing out the driveway or clearing out the front yard. I've done that before. It's not, you know, glamorous at all, but when, when you're, you know, when needing some money, for a business, you know, I was pretty much willing to do anything. And that's before I had a skill set of, you know, offering an odd job, like you have some skills in design, you know, creating a. Creating a website for somebody or creating a banner or doing something like that, you know, it's a different type of odd job.

It's more like a freelance job, but it's in the same realm of things. Doing something quick and easy that, you know, you can do, to raise a little bit of money. Okay. So let's talk about this just for a second here, doing something quick and easy that, you know, you can do to raise a little bit of money. So, and, and you touched on a couple different, a couple different ideas there.

You talked about labor, things that are a little bit more labor intensive. So some of you on the call, you absolutely could roll up your sleeves and do, do some things. If. Those jobs were available. If you knew where they were, you'd be like, Hey, someone was willing to pay me a hundred bucks to go do something for a day right now, or for a few hours, I'd go do it in a heartbeat.

and then there's also some of you that it's more of a mental skill. It's more of an actual trade skill. Like, like, Arthur had mentioned some sort of web design and stuff like that. So let's, let's take this from a different perspective every single day. Oh, and by the way, Arthur mentioned going to wealthy neighborhoods.

I thought that was really sharp. I thought that was a great little tip right there because, people in wealthy neighborhoods tend to have. more money than they do time. So they're always looking to leverage that, but you know, every single day people are parting with their money. And then there, and there's also, so there's people that are just looking to, to spend money on things every single day that they don't want to do themselves.

And then every single day, there's also people complaining that they don't have money, but they don't have enough money. So what's, what's weird is that there's, there's this weird thing going on where there's people complaining that they don't have money. And then there's other people over here trying to give their money to people to do things. And. It's just a lack of connection.

So if you put your thinking hat on with these odd jobs, you start, if you start to get really creative here, and again, we're just opening the door for you, but if you start to get really creative, there's odd jobs around you every single second of every single day. What you should do is put yourself in the mindset of the person with the money. This is my advice to you. Put yourself in the mindset of the person with the money. Think of somebody that you know that has a lot of money.

And think to yourself, what would they rather pay somebody to do than do themselves? Or what service might they need that they would be willing to pay somebody to take care of for them? Think in there and think odd. Think of some odd stuff, you know? And then, and then now, sky's the limit.

The sky is the absolute limit. Okay. For instance, myself, okay. I part with money every single day. Okay.

Every single day, I pay people to do things for me. And a lot of times, it's hard finding people to do things for me. I find myself going out and trying to find people to do stuff, and I end up doing stuff myself that I would much rather pay people to do. Because I don't have, I don't know who to use for stuff a lot of the time. You see, so even someone on a lower level like myself, even I have trouble parting with my money to people that want it.

Okay. And this could be anything. This could be, like Arthur said, it could be small stuff. It could be simple. It could be as simple as coming to someone's house and offering to, you know, shovel snow out of the yard, or offering to rake the leaves, or offering to, for instance, my neighbors, someone came into my neighborhood this Christmas season, I live in a nice gated community, pretty much the average square foot house is maybe 4,000 or 5,000 square feet in my community, and there was somebody who came along to every single house and offered to put up Christmas lights on people's houses, and they had several different packages.

They had, like, eight packages, and I thought it was totally cool. I thought this was brilliant entrepreneurship. Because on the high end, the top tier, they had their $1,000 package, for $1,000, they would put up Christmas lights that were basically the ones that were like a light show, so they'd go to music, and they'd, like, bounce around to music and stuff like that, it was like a super creative thing, it had to be timed or whatever, and then on the low end, they just had, like, little cool little, like, icicle-type lights that you could hang around your house and whatnot. Now, I thought this was pretty cool. You know?

So their pricing was pretty good. They had these different packages, and they were willing to do it all, and, you know, they basically had some sort of disclaimer thing and guarantee thing that if they fell or whatever, it wasn't an issue. They looked pretty professional, and they went around to all the neighbors, and, like, several of my neighbors used them. I was out of town for Christmas, so I didn't bother, but several of my neighbors used them and used that service. It's just, I'm not saying you should do that, I'm just saying, here's an entrepreneur that came up with an idea.

And, you know, every Christmas, they probably get better and better and better. How many small jobs can you think of? And then one last thing about that is you don't have to be the person doing the job. This is another huge, huge thing about odd jobs. You could be the connector.

All you've got to do is connect the person with the money with the person that's got the skill. So, for example, maybe you, maybe Arthur mentioned, you know, designing a website for somebody. Maybe you know somebody that needs to have a website designed, but you don't do it yourself. But maybe you know someone else that's a website designer. So just hypothetically speaking, what if you had somebody who was willing to spend $1,000 to have a website designed for them?

And what if you had a friend who was willing to charge $500 to have it designed for them? What would you do? What would you design? What if you went to your friend and said, hey, you know, I'm looking to raise $500. I'll bet your friend would say yes.

And guess what? And something like that, for some of you, might take five minutes. It literally... It literally might take five minutes for you to arrange something like that. And again, let me go back.

Every single day, people with money are looking to part with it to do things. That's why we earn money. We don't earn money to have piles of green stacks of paper sitting around our house so we can just stare at it. You know, stare at it and look at it and go, oh, I just love money. We make money so that we can buy back our time.

That's why people make money, so they can buy back their time. So if you don't have money, you can either trade your time for it, or you can help a middleman. Correct. Okay. And this could be anything.

This could be... You could broker anything. The sky is the limit. So odd jobs is one of the best ways to be able to get out there and raise a quick amount of money, real quick, just by getting creative. So Arthur, do you have anything else to say about odd jobs, or should we move on to the next topic?

Well, I just want to just add, as far as resources are concerned, I know we have a training on classified advertising and using Craigslist for business. Well, I love the Craigslist. I love it. I love it. I love the fact that we're doing this off the cuff, because as we start talking to each other, as we're getting into conversation, the creative juices start flowing.

And I'm just thinking, as far as odd jobs, I went out and I knocked on doors. That was my experience back in 2006. But we have access to things today that I might not have known about back then. And if you go on Craigslist, or Backpage, or any of the classified ad sites online, there's tons of people posting for people to be able to do odd jobs, to be able to do a labor odd job, or to do an event. Help out with an event.

Maybe do a photography. If you're somebody that knows how to take pictures, and you're good at it, and it's a hobby of yours, it's something you can do, people looking for someone that has a hobby like that could help them out for a night, or to help run a party, or to help them put some furniture together, or to help them move. So there's tons of resources out there, but classified ads are a great way to just find some odd jobs to do. And the one that you just mentioned, Chris, is just very interesting. I love it.

It's brilliant. I can't tell you how many times I've done that, and I know that you've done that as well, and it's brilliant. Just finding a couple of resources, people in your Rolodex that you know of that do creative design work or projects like that, and being able to be a middleman to just bring the people together, kind of be a broker in the deal. So that's it.

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