What to do in recessionary times to take care of yourself and your family?

By Bruce Firestone | Business Coaching

Apr 08

By Bruce M Firestone, PhD

One suggestion!

Start a side hustle or improve an existing business

Show a few examples…

Black Sheep Wagons

Jessica and Josh started building  3-season, off-grid “Prairie Schooners” on their rural property for landowners, farmers, cottagers, shed sellers, glamping resort owners, campground operators, even urban dwellers who want something different for their backyards to accommodate guests and visiting grandchildren too, for example…

https://www.blacksheepwagons.ca

Proof Designs

One young person designs, sells and fabricates high end, custom fit clothing for fashion-forward women from a 160 sq ft workshop

Her main marketing channels?

TikTok and Instagram where her learning videos get up to 900,000 views

https://proofcanada.ca

Create a private dog park on leased land

Outdoor dog park hourly and seasonal rental

Boarding

Dog training

Dog walking

Sponsorships

Mingle days and playgroups

Human treats

Doggy treats and toys

How about earning a 1000% ROI?

start a backyard homestead or lease a community garden/plant and harvest fruit trees

home cooking/baking/ yogurt making/ cheese making/beer brewing

child minding

woodworking /furniture production

candle making

raising backyard chickens and/or ducks

load shifting—adding solar panels with battery storage

clotheslines

paying off your mortgage as quickly as possible

Read more, https://www.dropbox.com/scl/fi/m44j2s94eih700aojsku0/mister-1000-roi-bruce-m-firestone-andrew-l-firestone.pdf?rlkey=8277o2w9l5w95k9q2vda0ouqi&dl=0

Add a basement microsuite if you own a home or even if you rent one

Add a backyard workshop/office/man cave/she-shed, make and sell or re-sell them too

Get a copy of the Pivot! course for $250 plus HST to learn from 12 great case studies  and 12 fantastic entrepreneurs (reach out to Prof Bruce for the workbook, bruce@brucemfirestone.com)

Book a call with Prof Bruce for $350 plus HST!

Understand business models, self capitalization (bootstrap finance) and how to develop your own MMB, magic marketing button–an “easy” button, one you push and, presto, more clients and customers

Book now, https://brucemfirestone.com/coaching/prof-bruce-real-estate-investment-and-business-coaching/talk/

The power of business models? Example for a spa business…

For more info…

Bruce M Firestone, B Eng (civil), M Eng-Sci, PhD

Real Estate Investment and Business coach

ROYAL LePAGE Performance Realty broker

Ottawa Senators founder

613-762-8884

bruce@brucemfirestone.com   

brucemfirestone.com

https://www.linkedin.com/in/profbruce

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https://profbruce.tumblr.com/archive

MAKING IMPOSSIBLE POSSIBLE

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MORE ABOUT THE PIVOT COURSE:

Pivot! Class 1: Purrdy Paws Spa founder Jayme Montero tells her up-by-her-bootstraps story

Pivot! Class 2: Christian Szpilfogel: How I transitioned from tech to real estate

Pivot! Class 3: Empire Deck & Fence—HR, Marketing and Finance for Startups

Pivot! Class 4: Marvel Comics & Dinosaur Comics writer Ryan North talks startups, intellectual property, biz models

Pivot! Class 5: Gen Walton Short and Suite BNB: from 0 to 150+ Airbnb managed properties in just three years

Pivot! Class 6: How to make $125,000 a year: The Linda Gary Interiors story

Pivot! Class 7: Dan Cardamore, tech entrepreneur

Pivot! Class 8: Chris Long Story: Longyards and Conrad Construction

Pivot! Class 9: How do you hire and work with and pay the best talent, Pivot! Lecture by Rogue Recruiter David Perry

Bonus Lesson: Pivot! Class 10—Erika Godwin from would-be civil servant to flaming entrepreneur, the barketing.co story

Bonus Lesson: Pivot! Class 11—How to combine this with that… Tim Reid’s Day-Home Business Model: Little Steps Academy

Bonus Lesson: Pivot! Class 12— Main Street Makeovers Across North America

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About the Author

Bruce is an entrepreneur/real estate broker/developer/coach/urban guru/keynote speaker/Sens founder/novelist/columnist/peerless husband/dad.

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