Sometimes new money making ideas are immediately usable. However, sometimes you just have to let your imagination run wild and be impractical. This is a way to get that creativity going, and no matter how crazy the ideas may seem at first, there is usually a way to bring them down to earth, as in this first example.
Rental Cabins In The Air
I started with a crazy thought: "What if people could rent a cabin up in the sky for the weekend?" Right away my mind tries to make sense of the idea, and because the over-all goal is to have profitable innovations, it looks for ways to make it into a money making idea. I first imagined cabins which are suspended under large hot-air or helium balloons.
As much fun as it might be, this didn't seem very practical. When I explored the idea further, though, I wondered if existing balloon-ride businesses could tap into other markets. If, for example, the gondolas were outfitted properly, and the balloons tethered, so they could be allowed to float two thousand feet overhead, would meditators then pay for a peaceful meditation retreat in the sky?
Another thought came to mind. Balloons could be high in the air, but easily cranked back in on a line. This might be simpler and cheaper than traditional rides, which involve chase vehicles and unpredictable landings. Perhaps this could be another way to make money with the balloons, charging a lower rate for simple up and down rides, and so getting new customers that couldn't afford the usual rides.
This is how a crazy idea comes back to earth. Perhaps even the "weekend cabin in the sky" idea could someday be a money making idea, but if not, that's okay. The point here is to get the creative flow going, and then find more practical ways to channel the output.
More Crazy Money Making Ideas
The following are pure imagination. I leave it to you to find a way to make these ones into potential money making ideas. Good luck and have fun!
- Put seats on the wings of an airplane and sell rides to thrill seekers.
- Sell advertising scratched out on the face of the moon.
- Rent out the animals at the zoo.
- Start an underwater school.
- Make a roller coaster course people pay to take their personal cars on.
- Sell pets genetically engineered to die young, for those who hate long-term commitments.
- Rent out children to undecided prospective parents.
- Have marriage insurance policies that cover the cost of a divorce, just in case.
- Have a swimming pool restaurant; diners sit in floating seats and eat off floating plates.
Scan the list and stop on any of the crazy ideas that catch your attention. Chances are good that you can find some way to transform it into a more practical idea, and that is the point. This exercise in imagination may be fun, but it is also a profitable technique for generating money making ideas.
Showing posts with label Business Idea. Show all posts
Showing posts with label Business Idea. Show all posts
Space Heater Business.
Space heater is a one of most important tools to endure coldness in winter. A space heater is a self contained device for heating an enclosed area. Space heating is generally employed to warm a small room in the house, and is usually held in contrast with central heating, which warms many connected spaces at once. The reason people choose space heater is because the cost of space heater is lower than the central heating. Space heater are usually portable or wall-mounted, and may use natural gas or propane as its energy source, but are most commonly powered by electric.
Space heater can be divided into two categories where one of them is that transfer their heat primarily by convection and another one is transfer the heat by radiation. The convection heaters, heating elements either warm the air directly or heat oil or another filler, which in turn transfers heat to the air. The example of convection heater is Big buddy heater. The air then warms the objects and people in the space. Convective heaters are suitable for providing constant, diffuse heat in well-insulated rooms. Oil heaters warm up slowly but do not reach dangerous surface temperatures while wire-element heaters that fan assisted can be reach desire temperature and can warm up the air more quickly. The example of radiation heater are Dimplex compact electric stove and Dimplex electric fireplace insert.
The Radiative heaters or halogen heaters usually comprise tungsten filaments in heat-resistant quartz envelopes, mounted in front of a metal reflector in a plastic case. They operate much like halogen light-bulbs, but radiate their energy primarily in the infrared spectrum. They convert up to 86% of their input power to radiant energy, losing the remainder to conductive and convective heat. The main advantage of radiative heaters is that the radiation they produce is absorbed directly by clothing and skin, without first heating the air in the space. This makes them suitable for warming people in poorly-insulated rooms, or even outdoors like a hall or garage.
The space heater that powered by electricity usually has ceramic or Nichrome heating elements, and may be fan-forced with a blower or a squirrel-cage fan to improve heat transfer. These often employ efficient heat pumps, which use reverse-cycle air conditioning to transfer heat to the inside from the outside. The other type of energy source is natural gas such as propane, butane, or liquefied petroleum gas. They may be convective or radiative, in the latter case by heating a matrix which then emits infra-red radiation. Gas heaters burn their fuel in air and produce carbon dioxide. In well-insulated rooms the oxygen concentration may drop and carbon monoxide may accumulate to toxic levels due to incomplete combustion. For this reason gas
heaters should be used only in rooms with adequate ventilation. But new technologies such as Big buddy heater and Portable Kerosene Heater have an ability to control the carbon monoxide level in the room.
As conclusion the space heater business should consider the type of space heater and its operating manual. This is important for the seller to suggest the most suitable space heater for their customer and provide the safety guide to operate the space heater. The knowledge from the seller will increase the customer trust and this will turn them into loyal customer. Beside that the basic technical skill about the space heater is really worth to help the customer if they have a problem with their
space heater.
Therefore I suggest 4 most compliance space heater:
Dimplex compact electric stove
Dimplex electric fireplace insert
Big buddy heater
Portable Kerosene Heater
Space heater can be divided into two categories where one of them is that transfer their heat primarily by convection and another one is transfer the heat by radiation. The convection heaters, heating elements either warm the air directly or heat oil or another filler, which in turn transfers heat to the air. The example of convection heater is Big buddy heater. The air then warms the objects and people in the space. Convective heaters are suitable for providing constant, diffuse heat in well-insulated rooms. Oil heaters warm up slowly but do not reach dangerous surface temperatures while wire-element heaters that fan assisted can be reach desire temperature and can warm up the air more quickly. The example of radiation heater are Dimplex compact electric stove and Dimplex electric fireplace insert.
The Radiative heaters or halogen heaters usually comprise tungsten filaments in heat-resistant quartz envelopes, mounted in front of a metal reflector in a plastic case. They operate much like halogen light-bulbs, but radiate their energy primarily in the infrared spectrum. They convert up to 86% of their input power to radiant energy, losing the remainder to conductive and convective heat. The main advantage of radiative heaters is that the radiation they produce is absorbed directly by clothing and skin, without first heating the air in the space. This makes them suitable for warming people in poorly-insulated rooms, or even outdoors like a hall or garage.
The space heater that powered by electricity usually has ceramic or Nichrome heating elements, and may be fan-forced with a blower or a squirrel-cage fan to improve heat transfer. These often employ efficient heat pumps, which use reverse-cycle air conditioning to transfer heat to the inside from the outside. The other type of energy source is natural gas such as propane, butane, or liquefied petroleum gas. They may be convective or radiative, in the latter case by heating a matrix which then emits infra-red radiation. Gas heaters burn their fuel in air and produce carbon dioxide. In well-insulated rooms the oxygen concentration may drop and carbon monoxide may accumulate to toxic levels due to incomplete combustion. For this reason gas
heaters should be used only in rooms with adequate ventilation. But new technologies such as Big buddy heater and Portable Kerosene Heater have an ability to control the carbon monoxide level in the room.
As conclusion the space heater business should consider the type of space heater and its operating manual. This is important for the seller to suggest the most suitable space heater for their customer and provide the safety guide to operate the space heater. The knowledge from the seller will increase the customer trust and this will turn them into loyal customer. Beside that the basic technical skill about the space heater is really worth to help the customer if they have a problem with their
space heater.
Therefore I suggest 4 most compliance space heater:
Dimplex compact electric stove
Dimplex electric fireplace insert
Big buddy heater
Portable Kerosene Heater
Choosing A Name For Your Company... That Makes Sense...
One of the most important things your company needs is a name. Your name will be the very first thing that almost all of your customers see from you -- long before they meet you, they'll have responded to something (or someone) that told them the name of your business.
So What?
So, if you're planning on running a professional operation, don't call it 'A1 Supplies' just because you want to be listed first in the phone book. You have to pick a name that says something about you and your business, and that people in your target market will be able to say without feeling stupid.
The Professional Name.
If you're running a serious business targeted at other businesspeople, you'll probably want to keep the name sober, but memorable. A good formula is your surname, followed by what you do: 'Smithfield Tailoring', or 'Watson Engineering'. You might also want to add the name of the town where you live: 'Watson Engineering Anytown'. Little things can make a big difference: 'Watson & Associates Engineering' or 'Watson Engineering Co.' both sound quite good, for example. Don't use your first name, though -- it sounds terribly amateurish. Would you rather deal with Ted's Office Supplies or the Johansson Office Supplies Co.?
Another approach is to leave out your name altogether, and simply become 'Anytown Engineers' or 'The Anytown Engineering Co.'. This makes you sound like the first choice locally, especially if your main competitor has the name of another town nearby in their name.
The Corporate Name.
They sound quite bad, I reckon, but there's a still a place for them -- mainly if you want to deal with the big companies that this kind of name appeals to. Simply think of a word to describe your business and translate it into Latin. Then add the word "Consulting", if you want.
The Trendy Name.
If you're going for a more young or technology-savvy market, you might want a less formal name. Names of this form should be kept to one word, and preferably written in lowercase, URL-style. Another common trick is to make '.com' part of the name. Notice the difference between 'Fun House' and 'funhouse.com' -- the Fun House doesn't sound all that much fun, does it?
The Playful Name.
You'll be surprised how many people will love your name if you just decide to name it after an animal, and use that animal in your logo too. If you don't have much of a marketing budget, this is a good way to get a quick brand identity -- if you choose the panda, for example, then people start associating you with pandas, and you can have panda-pattern designs on your stationery and decorate your office with bamboo. Don't underestimate the power of this, seriously.
The Shortened Name.
One naming method that seems to be especially well-used by the big hitters is to take two words that describe your business, shorten them both, and make it one word. So you end up with Fedex (Federal Express), or Microsoft (Microcomputer Software). This is good for suggesting what you do without having an overly lengthy name.
The Random Name.
If all else fails, a great way to make up a name is to just string together sounds that you like until you come up with a made-up word. This can be a surprisingly good way to come up with a name -- and it will be completely unique.
Make It Easy.
Whatever you do, though, make sure your business' name is easy to pronounce and spell. If your surname is hard to say, don't use it. If people seem to have trouble spelling a made-up word, come up with something easier. You'll lose out on an enormous amount of word-of-mouth business if people have to write your name down just to communicate it to each other.
Check for Others.
Once you've got some ideas, make sure you check that no-one else is already using them. It will be expensive to get halfway through starting up a company only to find that the name you wanted is already taken. Also, you'll have trouble establishing any kind of Internet prescence with an over-used name, if that was part of your plan -- if your name is too common, you won't stand a chance of getting yourname .com.
So What?
So, if you're planning on running a professional operation, don't call it 'A1 Supplies' just because you want to be listed first in the phone book. You have to pick a name that says something about you and your business, and that people in your target market will be able to say without feeling stupid.
The Professional Name.
If you're running a serious business targeted at other businesspeople, you'll probably want to keep the name sober, but memorable. A good formula is your surname, followed by what you do: 'Smithfield Tailoring', or 'Watson Engineering'. You might also want to add the name of the town where you live: 'Watson Engineering Anytown'. Little things can make a big difference: 'Watson & Associates Engineering' or 'Watson Engineering Co.' both sound quite good, for example. Don't use your first name, though -- it sounds terribly amateurish. Would you rather deal with Ted's Office Supplies or the Johansson Office Supplies Co.?
Another approach is to leave out your name altogether, and simply become 'Anytown Engineers' or 'The Anytown Engineering Co.'. This makes you sound like the first choice locally, especially if your main competitor has the name of another town nearby in their name.
The Corporate Name.
They sound quite bad, I reckon, but there's a still a place for them -- mainly if you want to deal with the big companies that this kind of name appeals to. Simply think of a word to describe your business and translate it into Latin. Then add the word "Consulting", if you want.
The Trendy Name.
If you're going for a more young or technology-savvy market, you might want a less formal name. Names of this form should be kept to one word, and preferably written in lowercase, URL-style. Another common trick is to make '.com' part of the name. Notice the difference between 'Fun House' and 'funhouse.com' -- the Fun House doesn't sound all that much fun, does it?
The Playful Name.
You'll be surprised how many people will love your name if you just decide to name it after an animal, and use that animal in your logo too. If you don't have much of a marketing budget, this is a good way to get a quick brand identity -- if you choose the panda, for example, then people start associating you with pandas, and you can have panda-pattern designs on your stationery and decorate your office with bamboo. Don't underestimate the power of this, seriously.
The Shortened Name.
One naming method that seems to be especially well-used by the big hitters is to take two words that describe your business, shorten them both, and make it one word. So you end up with Fedex (Federal Express), or Microsoft (Microcomputer Software). This is good for suggesting what you do without having an overly lengthy name.
The Random Name.
If all else fails, a great way to make up a name is to just string together sounds that you like until you come up with a made-up word. This can be a surprisingly good way to come up with a name -- and it will be completely unique.
Make It Easy.
Whatever you do, though, make sure your business' name is easy to pronounce and spell. If your surname is hard to say, don't use it. If people seem to have trouble spelling a made-up word, come up with something easier. You'll lose out on an enormous amount of word-of-mouth business if people have to write your name down just to communicate it to each other.
Check for Others.
Once you've got some ideas, make sure you check that no-one else is already using them. It will be expensive to get halfway through starting up a company only to find that the name you wanted is already taken. Also, you'll have trouble establishing any kind of Internet prescence with an over-used name, if that was part of your plan -- if your name is too common, you won't stand a chance of getting yourname .com.
Best Small Business Idea -- It's All About You
Getting More Focused -- It’s All About You
Jeanna Pool from Catalyst Creative writes a great ezine on marketing each month. In January she shared 5 Great Marketing Tips for 2006. Number 1 was “Stop Focusing on You”. She declares 2006 the year of the client and exhorts you to focus totally on your clients and their needs. I think she’s right on. And I think she’s completely wrong. Why right and wrong?
Because if you’ve been in business for awhile and have great products and great services and aren’t getting the results you want, you may be too focused on your clients and not focused enough on yourself. Last week, I encouraged your to revisit your vision of your business and ask yourself why you started your business in the first place. Now I want you to focus even more on what you want. What exactly do you want out of your business? Do you want more money? If so, how much? Write down a number. Do you want more flexible hours? If so, write out exactly the schedule you’d like. Do you want to change the world? If so, write out specifically how that would look.
Why all this focus on you? Because if you aren’t absolutely clear on what you want, how are you going to know if you are successful? How are you going help your clients if you aren’t taking care of yourself as well. Maybe you need to be making $150,000 a year to provide your family with the life that you wanted. You want to send your kids to college. You want to retire while you are still in active and in good health. Or maybe you want to just make an extra $20,000 a year working part-time while you take care of your children until they are in school. Or perhaps your goal is to make a million dollars a year and live a really incredible life. Defining this is very important. Why?
Because what you want will shape your business. It will determine who your customers are and how you will help them. If you want $5,000,000 in sales, your products and methods are going to be a whole lot different than if you want $50,000 in sales. If you want to work only afternoons, that is going to shape your business as well. If you want to sell your business and retire in five years, that’s going to affect your decisions as well. So right now, get out a paper and pen and get ready to write.
Did you get your pen and paper out? Answer the question, “What do I want out of my business?” Write in as much detail exactly what you want your business to give you. Be as specific as possible. Write as much as you can. Think income, lifestyle, schedule, partners, travel, location, employees. What exactly do you want? Throughout the week, add to this and revise it. Compare where you are right now to what you really want. How large is the gap? Next week, I’ll help you create a plan to narrow the gap with: Why Business Plans Don’t Work -- How to Create an Effective Action Plan
Jeanna Pool from Catalyst Creative writes a great ezine on marketing each month. In January she shared 5 Great Marketing Tips for 2006. Number 1 was “Stop Focusing on You”. She declares 2006 the year of the client and exhorts you to focus totally on your clients and their needs. I think she’s right on. And I think she’s completely wrong. Why right and wrong?
Because if you’ve been in business for awhile and have great products and great services and aren’t getting the results you want, you may be too focused on your clients and not focused enough on yourself. Last week, I encouraged your to revisit your vision of your business and ask yourself why you started your business in the first place. Now I want you to focus even more on what you want. What exactly do you want out of your business? Do you want more money? If so, how much? Write down a number. Do you want more flexible hours? If so, write out exactly the schedule you’d like. Do you want to change the world? If so, write out specifically how that would look.
Why all this focus on you? Because if you aren’t absolutely clear on what you want, how are you going to know if you are successful? How are you going help your clients if you aren’t taking care of yourself as well. Maybe you need to be making $150,000 a year to provide your family with the life that you wanted. You want to send your kids to college. You want to retire while you are still in active and in good health. Or maybe you want to just make an extra $20,000 a year working part-time while you take care of your children until they are in school. Or perhaps your goal is to make a million dollars a year and live a really incredible life. Defining this is very important. Why?
Because what you want will shape your business. It will determine who your customers are and how you will help them. If you want $5,000,000 in sales, your products and methods are going to be a whole lot different than if you want $50,000 in sales. If you want to work only afternoons, that is going to shape your business as well. If you want to sell your business and retire in five years, that’s going to affect your decisions as well. So right now, get out a paper and pen and get ready to write.
Did you get your pen and paper out? Answer the question, “What do I want out of my business?” Write in as much detail exactly what you want your business to give you. Be as specific as possible. Write as much as you can. Think income, lifestyle, schedule, partners, travel, location, employees. What exactly do you want? Throughout the week, add to this and revise it. Compare where you are right now to what you really want. How large is the gap? Next week, I’ll help you create a plan to narrow the gap with: Why Business Plans Don’t Work -- How to Create an Effective Action Plan
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