First… yesterday’s message was a micro business idea about good health shoes. I linked that article to the shoe website but got the link wrong. This was my fault for working too late and not doing the full job!
Here is the correct link to Walk the Walk Shoes.
Next. Before we look at the over the moon micro business idea let’s remember a problem about this era’s change… that opportunity for most in big business is dead.
An excerpt from the New York Times article “American Dream Is Elusive for New Generation” by Louis Uchitelle reminds us of this fact when it says:
GRAFTON, Mass. — After breakfast, his parents left for their jobs, and Scott Nicholson, alone in the house in this comfortable suburb west of Boston, went to his laptop in the living room. He had placed it on a small table that his mother had used for a vase of flowers until her unemployed son found himself reluctantly stuck at home.
The daily routine seldom varied. Mr. Nicholson, 24, a graduate of Colgate University, winner of a dean’s award for academic excellence, spent his mornings searching corporate Web sites for suitable job openings. When he found one, he mailed off a résumé and cover letter — four or five a week, week after week.
Over the last five months, only one job materialized. After several interviews, the Hanover Insurance Group in nearby Worcester offered to hire him as an associate claims adjuster, at $40,000 a year. But even before the formal offer, Mr. Nicholson had decided not to take the job. Rather than waste early years in dead-end work, he reasoned, he would hold out for a corporate position that would draw on his college training and put him, as he sees it, on the bottom rungs of a career ladder.
“The conversation I’m going to have with my parents now that I’ve turned down this job is more of a concern to me than turning down the job,” he said.
He was braced for the conversation with his father in particular. While Scott Nicholson viewed the Hanover job as likely to stunt his career, David Nicholson, 57, accustomed to better times and easier mobility, viewed it as an opportunity. Once in the door, the father has insisted to his son, opportunities will present themselves — as they did in the father’s rise over 35 years to general manager of a manufacturing company.
“You maneuvered and you did not worry what the maneuvering would lead to,” the father said. “You knew it would lead to something good.”
Complicating the generational divide, Scott’s grandfather, William S. Nicholson, a World War II veteran and a retired stock broker, has watched what he described as America’s once mighty economic engine losing its pre-eminence in a global economy. The grandfather has encouraged his unemployed grandson to go abroad — to “Go West,” so to speak.
“I view what is happening to Scott with dismay,” said the grandfather, who has concluded, in part from reading The Economist, that Europe has surpassed America in offering opportunity for an ambitious young man. “We hate to think that Scott will have to leave,” the grandfather said, “but he will.”
The grandfather’s injunction startled the grandson. But as the weeks pass, Scott Nicholson, handsome as a Marine officer in a recruiting poster, has gradually realized that his career will not roll out in the Greater Boston area — or anywhere in America — with the easy inevitability that his father and grandfather recall, and that Scott thought would be his lot, too, when he finished college in 2008.
In this era, cradle to grave corporate opportunity has been dramatically diminished and all types of corporate career employment severely reduced. Technology reduces the need for a lot of middle management and technology has also created a global economy that makes other nations more competitive.
Examples of this fact we see here in North Carolina include Thomasville the furniture manufacture and Cannon Mills the largest maker of towels in the USA. Faced with rising labor costs Thomasville moved most of its operation to China. Many US jobs were lost.
Cannon stuck to their cradle to the grave with the US approach and went bust.
The end result? In both examples US jobs were lost.
When we embrace change, the technology that has destroyed the old era can make our lives even better because this technology enhances profits in micro businesses.
Micro businesses can be better than a job! With a micro you are the boss and can choose how to have self fulfillment… and your business can be fun and can be unusual… funky… even off the wall.
This is why we created our Hall of Funky Micro Business ideas.
Here is a new funky business idea we can add to the hall.
Create a funky tour business.
How odd can your tours be?
Very odd indeed… such as shown by this excerpt from a June 25, 2010 article in National Geographic entitled Mooning Over Solar Eclipses.
Photo (Composed of 55 Calibrated Images): Miloslav Druckmuller, Peter Aniol, Vojtech Rusin.
As day plunges into night, the faithful gaze skyward, murmuring in awe. They wear Mylar glasses, hoist cameras, join hands. They are “eclipse chasers,” and their numbers have been growing since the 1970s. Total solar eclipses occur every 18 months or so and are visible for just a few minutes from any one spot. As knowledge about them has trumped superstition, legions of fans have been flocking to the narrow strips on Earth where the moon can best be seen obscuring the sun.
This year Melita Thorpe, owner of an astronomy-themed travel agency, saw a hundred slots fill up by spring for a $6,000 July freighter trip to the South Pacific; dozens more devotees signed up for a sunset viewing of the same eclipse in Patagonia. Her biggest crowd in the agency’s 26 years: the 700 people she ferried to view a 1991 eclipse off the coast of Mazatlán, Mexico.
I have used this as an example only to show how esoteric one’s micro business ideas can be. We do not encourage looking at eclipses. In Ecuador’s shamanic wisdom (and in India’s as well) being in an eclipse is really bad for one’s energy.
If paying $6,000 to look at the moon is not odd enough, how about paying $200,000 to fly over the moon?
In April of 2001, Dennis Tito became the first traveler to pay for a trip to space with money out of his own pocket. He decided to do it and then just did it. That’s what tourism is all about. Since then four other “personal spaceflight participants” have traveled to the ISS. The trips were arranged by the company Space Adventures which has also set up the trip for Richard Garriott in the fall of 2008.
In October of 2004, Burt Rutan’s SpaceShipOne won the X PRIZE and thereby started a new race to develop the first vehicle that will provide suboribtal space rides to paying customers. Suborbital generally refers to an up-and-down ( i.e. mostly vertical) flight that reaches an altitude of around 100km or more but does not go into orbit around the earth.
Market studies by NASA and many other organizations have shown that there are sizable markets for space tourism, both suborbital and orbital, and that the markets will grow rapidly as the cost of sending a person into space drops from current levels.
Adventure tourism, such as trips to Antarctica or Mount Everest, has long been a profitable business. This can involve packages with prices as high as $100k range and even higher. (my bold)
What can be funkier than that… $100,000 to nearly reach space on a mountain top… or $200,000 to get in a space ship and do it.
Embrace change. If you have a micro business idea… no matter how odd… you may be able to gain fun… fulfillment and financial security creating your own micro tour business.
How We Can Serve You
2015 ScheduleSchedule 2015 Seminars and Courses
Delegates enjoy taking breaks at our winter courses in Mount Dora.
We conduct our summer camps at Jefferson Landing in West Jefferson North Carolina.
Join us in balmy Central Florida in the winter and the Cool Blue Ridge in summer.
Join Merri and me for all the courses and seminars that we’ll conduct to help you gain positive solutions to your economic, financial and lifestyle concerns.
Here are the courses we currently have scheduled in 2015. Course in bold conducted by Gary & Merri Scott
Oct. 10-11, 2015, West Jefferson, North Carolina. Multi Currency, Protect Against a Weak Dollar Investing Seminar. (Normally $799 or $999 for a couple)
Overcome 474 Days of DeceitTuesday, November 8, 2016, 474 days from now, is the 58th US Presidential election. Plus elections for all of the seats in Congress and 34 in the Senate. How many deals will be made between now and then that could reduce our pocketbooks? What trade offs will be agreed that will weaken our personal freedom? Which agreements will fill our days with more red tape?
There is so much deceit in the political promises and so much deal making that has nothing to do with the country’s or you and my good. What can we do to retake control? How can we see behind the scenes and stop the erosion of our rights and reductions in our standards of living?
Politically there may be little we can do, but here are two tools for our individual investing survival: numbers and words.
Numbers relate to value. Our wealth can survive today’s political onslaught and grow by spotting investing value through mathematical precision. Good value strengthens wealth and beats back a deceitful world.
Words define the law. Words create laws that define our rights, ownership and freedom. These words are also used to take these benefits away. Those who write the laws always include sections that protect themselves and their common interests. A good attorney who understands how to use appropriate planning can use the same words to protect our income savings and rights.
As a run up to my 50th year of speaking and writing about savings and investments around the world I decided to ask my friends who are mathematical and legal geniuses to share a weekend with us to cut through the fog of rapid change and learn how to beat the system that seems so integrity challenged.
The idea of using math to find good value equity investments led me to ask mathematical analyst, Michael Keppler, to join us in the Blue Ridge for a seminar.
Michael is a brilliant mathematician. We have tracked his analysis for over 20 years. He continually researches international major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return. He compares each stock market’s history. From this, he develops his Good Value Stock Market Strategy. His analysis is rational, mathematical and does not cause worry about short ups and downs.
Don’t Red Line Your Investments
According to Keppler’s analyses, an equally-weighted combination of good value markets offers the highest expectation of long-term risk-adjusted performance. His mathematical predictions have been eerily accurate as the red line below shows.
Each quarter Michael shares with me (and other professional investors) his “Total Return Predictions”.
Click on chart to enlarge.
This chart shows the entire real-time forecasting history of Keppler for the KAM Equally-Weighted World Index, he started in 1993. Keppler contnually shows what his mathematic formulas predict for markets four years ahead. These numbers are based on mathematical relationships between price and value over the previous 15 years moving forward in monthly increments. In this way Keppler uses numbers to continually adjust to the ever-changing market norm.
Keppler’s chart includes two remarkable episodes. The first in the period when global equity markets peaked and crashed over a five-year period from 1997 to 2001. Keppler’s Equally-Weighted World Index predictions stayed above the upper forecast band and accurately predicted the recovery and how much global markets would rise.
The second remarkable period started in October 2008, when again Keppler’s forecasts again accurately showed where markets would reach as they fell below the lower forecast band.
Imagine the extra profit professional investors have today when they invested in these depressed good value markets before they again rose.
Keppler’s projections now indicate that global markets are expected to rise from between 2.1% and 13.0 % in the next three to five years.
Learn about Keppler’s projections and about Asset Allocation from Michael Keppler in person at our Value Investing Seminar October 17 & 18 in Jefferson, North Carolina.
Learn how to also let the law work for you.
One way to protect our wealth and freedom is to have a good attorney who understands how to use appropriate planning so you can also be protected rather than hurt by the law.
I have also asked our friend of more than 30 years, Leslie Share, to speak at the October Value Investing seminar. Leslie is an attorney in Coral Gables, Florida who specializes in general, corporate and international taxation, estate and gift tax planning, internal revenue service matters at the agent and appeals level plus most important, he specializes in wealth preservation.
He has the highest possible Peer Review Rating by Martindale-Hubbell, Florida Super Lawyers and The Best Lawyers in America.
Leslie is the type of attorney who can help gain asset and wealth protection if you live in the US or abroad.
Cash in on the best opportunity in 32 years. Currency diversification has always been important for safety, but right now a multi currency opportunity is brewing and has more profit potential then we have seen in over three decades.
Our “Investing Seminars” started 32 years ago when one of the best set of three currency and equity conditions ever existed. Over these decades our semi annual seminars have updated what’s going on in global investment markets and what to do. In all those years, few times have conditions offered as much long term opportunity as in 1982.
Now three the great economic conditions have returned.
Our October seminar will be at the Jefferson Landing Country Club.
Conditions have come together just as we saw at our first seminars in the 1980s. The US dollar, the US stock market and the price of oil are acting almost exactly as they did in the early 1980s. Knowing these conditions and why they have merged and what to do about them can help you create a fortune.
One way to tap this potential (we’ll review this at the seminar) is to invest in Keppler’s Good Value Country Strategy with ETFs (Country Index Exchange Traded Funds). For example there are currently ten good value developed markets, Australia, Austria, France, Germany, Hong Kong, Italy, Japan, Norway, Singapore and the United Kingdom. You can easily create a diversified portfolio in each or all of these ten countries with Country Index ETFs.
We review Country Index ETFs at the seminar.
Join Merri, me, Michael Keppler and Leslie Share. The “Value Investing Seminar” looks at how to protect purchasing power and pensions with value investing. The course teaches how to add safety and create profits by spotting multi currency and global equity cycles through good value mathematics.
Value Investing Outside the Box. Here is a partial syllabus of the seminar:
* See new breakout possibilities… in global investing.
* Benefits of early investments in an oil that’s up 22.8 times in the past ten years.
* Beyond Gold. Three hard assets that protect against all currency erosion.
* The Small Country Effect. Why small markets rise more than large ones.
* Top Value small markets and how to easily invest small or large amounts.
* The best four currencies for the year ahead.
Few decisions are as important to your wealth as WHICH CURRENCIES to invest in. This has been our area of expertise since the 1970s. Learn how to use ETFs to gain multi currency diversification.
Details in this session also include:
* How to easily buy global currencies, shares and bonds.
* The benefits of investing in real estate in Small Town USA. We will share why the value is special and why we have been recommending good value real estate in this area since 2009.
* What’s up with gold and silver. One session looks at my current position on gold and silver and asset protection. We review the state of the precious metal markets and potential problems ahead for US dollars – how interest rates at zero eliminate opportunity costs of diversification in precious metals and foreign currencies.
* New tax strategies. How to create businesses that earn income and reduce tax.
Gary Scott at a multi currency session.
The seminar begins with a 1000 Year Economic Review that leads us up to where markets are now and head for the next 474 days and beyond.
Learn how to:
* Find good investing value.
* Use multi currency portfolios.
* To use multi currency for diversification-speculation & hedge.
* Earn in water and agricultural investing.
* Gain with special situations now for aggressive growth
Saturday, Sunday, October 17-18, 2015, Jefferson, North Carolina.