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Is thinking small one of the most common problems of new entrepenuers?

A post of a ranting nature...

sparechange

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Nov 11, 2016
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Listening to Felix Dennis & Uncle G talk about the dirty word around here (money) it's inspiring to hear how they regard it as something meaninglessness. While not a new concept for us people that have read Unscripted , ''money'' is just a piece of paper printed by the government with pictures of some dead people on it and distributed throughout the globe as a means of modern day slavery (do this shitty job and I'll give you some pieces of paper, or a bunch of numbers deposited into your bank account every second Friday of the week)

Really, do wealthy people even see money? The people that do 6-8+ digits annually when is the last time they even touched an actual paper money? With everything slowly switching over to credit cards / bank cards especially during this ''pandemic'' some stores are beginning to become cashless and refuse to accept legal tender.

I think we can all agree Americans are some of the biggest spenders around, they will blow money on almost anything


Drinking beer on Independence Day: $1 billion


Lighting up fireworks: $800 million


Lighting up (legal) marijuana: $6.9 billion


(“Sales are projected to increase to $21.6 billion by the year 2021,” according to Arcview Market Research.)


Eating Cheetos, Doritos, and Funyuns: $4.8 billion


Fixing car damage caused by potholes: $3 billion


De-icing streets with road salt: $2.3 billion


Buying bags of ice: $3 billion


Shopping for (artificial) Christmas trees: $854 million


Chopping (real) Christmas trees: $1.3 billion


Enjoying the great outdoors: $646 billion [PDF]


(If this number appears inflated, that’s because it reflects the total impact of outdoor recreation, including trip-related sales such as hotels, food services, and vacation expenses.)


Fishing trips: $41.8 billion


Bicycling trips: $81 billion [PDF]


Rock climbing/hiking trips: $12 billion [PDF]


Treating trips and falls: $76.3 billion


Birdwatching: $26 billion [PDF]


Paying for wild birdfeed: $3 billion


Treating dog bites: $570 million


Going under the knife for aesthetic cosmetic surgery: $13.5 billion


Purchasing cosmetics: $62 billion


Getting your nails done: $7.47 billion [PDF]


Getting hammered: $223.5 billion


(According to the CDC, this includes the cost of lost workplace productivity, health care expenses, law enforcement expenses, and impaired driving accidents.)


Binging at food trucks: $2.7 billion


Treating acid indigestion: $2 billion


Eating quinoa: $1.32 billion


Chewing chewing gum: $2 billion


Chewing chewing tobacco: $5.93 billion


Buying chew toys: $32 million


Going back to school: $75.8 billion


Prepping for standardized tests: $12 billion


Treating stress-related illnesses: $300 billion


Purchasing fake degrees: ~$100 million


(More than 100,000 fake degrees are sold each year in the U.S., at approximately $1000 a pop.)


Giving graduation gifts: $5.4 billion


Playing Fantasy Football: $4.6 billion


Watching the Patriots-Falcons Super Bowl: $14.1 billion


Eating pizza: $32 billion


Eating supermarket hot dogs: $2.4 billion


Treating Ischemic heart disease: $88.1 billion


Buying heartfelt Valentine’s Day jewelry: $4.3 billion


Taking a risk with lottery tickets: $80.55 billion


Taking a risk with online dating: $2 billion


Buying flowers: $31.3 billion


Freshening up with mouthwashes, gargles, and rinses: $1.8 billion


Going to the bar: $20 billion [PDF]


Hitting the nightclub: $1.9 billion


Popping Himalayan Viagra: $5 to 11 billion


(Yarsagumba, or caterpillar fungus, is a parasitic fungus made by ghost moth larvae. This “Himalayan Viagra” has been considered an aphrodisiac for millennia. Numbers reflect global sales.)


Tuning the radio to smooth jazz: $190 million


Pregnancy: $55.6 billion


The money is out there, our jobs as Unscripted entrepreneurs is to dig in a mountain, and get our share. I thought to myself as I was floating around on a small dinghy in the Vancouver Harbour looking at all the multi million dollar homes on the waterfront with their little yachts parked outside (like jeez some people have boats less than 50 meters away from their back yard with a private dock) #GOALS

Maybe my own personal dreams and goals (yours aswell!) Could be to small? And we could ''think bigger and kill bigger?'' I'll need to give credit to @Kak for that quote.

Here is a list from Felix Dennis, a high school drop out on a ''rich list''

£1m – £2m ($1.53 million – $3 million) The comfortable poor
£3m – £4m The comfortably off
£5m – £4m The comfortably wealthy
£16m – £39m The lesser rich
£40m – £74m The comfortably rich
£75m – £99m The rich
£100m – £199m The seriously rich
£200m – £399m The truly rich
£400m – £999m The filthy rich
Over £1bn The super rich


Ok, not to sound cheesy, maybe a measly few million dollars really is ''spare change'' ? :clench: Selling my product to less than 10% of my ''local area'' Vancouver / Vancouver Island <300,000 makes me a multi millionaire which means I can have a 90% rejection rate and still join the ranks of the comfortable poor. (I'm not a millionaire just yet)

With HUNDREDS OF MILLIONS of people alone in the United States (and a small just shy of 40 million in Canada) There are tons of consumers and absolutely no shortage of money out there. Seriously, why not aim for the moon? Selling a product i.e to a small portion of the population alone could net you millions of dollars, and with the right marketing strategy you could even have people lining up outside your store at 5am sleeping in a tent to get those amazing deals!

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