Turn your TEEN into a MONEY MACHINE
Transcription
Turn your TEEN into a MONEY MACHINE
Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Click: www.TeenMoneyMachine.com Turn your TEEN into a MONEY MACHINE Version 2.4 –For General Release ! Click the First Example job earning $75 per hour: Yard Aeration or TeenMM.com/v/t2.wmv Electronic Book by Keith Duncan Atlanta Georgia ! Click Here: Video of +35 Businesses Click Here: Interview of Author re this Book. ! Instructions: Quickly scan this electronic book for information that benefits you. We all have short attention spans and want to know where the good stuff that makes money is located. The Author knows his readers extremely well as he is a Millennium too. ! Date: 8/8/2011 8:54 AM Page 1! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! Marketing and Public Relations is provided under contract with: Peter Biadasz of Total Publishing and Media. [email protected] Office 918 624-9300 5332 South Memorial Drive, Suite 200, Tulsa OK 74145 ! Legal Notice: TeenMoneyMachine.com website, this eBook, and all associated and related material produced by Keith Duncan and his Associates is hereby declared Copyrighted and Trademark and may be copied, retransmitted, and used in any form or manner for it’s designated purpose of teaching teenagers and adults to create their own business and lifestyle. The profits stay with the author (Keith Duncan –Atlanta Georgia) his publishers and designated contributors as Keith has spent decades developing this material in the professional consulting computer systems world and is hereby stating that • 20% of proceeds goes individually to a blind trust fund for his 24 year old son, Sergeant Matthew Duncan, professional Tuba player in the United States Marine Corp stationed in Hawaii, • 20% to a Blind trust fund for his son, Kyle Duncan, Marine Biologist in college, 20% directly to his previous significant other who stood behind Keith when he went Unipolar(another story), • 20% to fund future enhancements to this book(charitable contributions), and • 20% to fund Keith’s other business adventures such as www.BuiltByKeith.com www.BidOnKeith.com www.IseeStand.com www.IseeSmartPhoneHolder.com www.FrogLeft.com www.FlashHOV.com www.ISpyDUI.com www.CEOSpace.net and assortment of other business, social, political, psychology, and other endevours. If anyone can make a warm introduction to national TV shows, magazines, and media of my work, I shall sincerely appreciate your support. ! File: C:\Users\keith\Documents\BOA SOS Keiths Business\EBOOKS Keith WORKinProgress\tmm21.docx ! Last updated: Monday, August 08, 2011 8:54 AM ! Date: 8/8/2011 8:54 AM Page 2! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com !! LEGAL NOTICE: ! This is TeenMoneyMachine.com This publication is PUBLIC and available for distribution It may be freely distributed, copied, or forwarded under all circumstance without direct permission from Keith Duncan. Email [email protected] ! Table of Contents ! List of Service oriented businesses. ........................................................................................................................8 Table of Jobs (some overlap with full description) ............................................................................................8 Additional list of Job Topic Categories. ( TO be consolidated with other lists as this eBook is finished). .12 Next BIG TEEN Business Solutions ............................................................................................................13 TeenMoneyMachine Business Resources .......................................................................................................15 Foreword................................................................................................................................................................18 eBook Outline & Levels (original list –to be removed in near future).................................................................18 Introduction .......................................................................................................................................................18 Value Proposition...............................................................................................................................................18 Top Level Introduction #1 .....................................................................................................................................18 ALTERNATE Introduction –Ghost Writer Bravo Valenti .................................................................................19 Introduction to Teen Money Machine. THE eBook of the Year. ...........................................................................22 Introduction to GrandParents. A Labor of Love. ...............................................................................................22 Introduction to Parents. .....................................................................................................................................23 What Parents NEED ......................................................................................................................................24 What Teenagers NEED are: ...........................................................................................................................24 Introduction to Teenagers. ...............................................................................................................................25 The Basics. What is a Business ............................................................................................................................26 Components of any Successful Business. ........................................................................................................27 Branding your Business .....................................................................................................................................27 Marketing your Business ...................................................................................................................................28 Another Big Issue: Safety. .................................................................................................................................28 Examples of TeenMoneyMachine CONTENT. .................................................................................................28 MORE IDEAS and CONTENT. (Internal Use. To be removed before Publishing). ....................................29 Bartering and Income ............................................................................................................................................29 Introduction .......................................................................................................................................................29 Date: 8/8/2011 8:54 AM Page 3! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Definition of BARTERING: ..............................................................................................................................30 Specific Teen Business Descriptions .....................................................................................................................31 JOB: Scan Business Cards for Fun and Profit ..................................................................................................31 Watch Video of how this system works. .......................................................................................................31 Introduction 31 Equipment / Cost $150 to $220 for a NeatReceipts bar scanner, $460 to $525 for top of the line NeatDesk High Speed 31 Demand: Huge/Unlimited.............................................................................................................................31 Sales/Marketing Pitch: Teenagers gather 100 to 1000 biz cards from each of their neighbors..................32 Example: Collect Biz Cards ........................................................................................................................32 Biz Card Scanning How To Documents ........................................................................................................32 Revenue Model ..............................................................................................................................................33 Business Card Template ................................................................................................................................33 Customer Sign up and Collection Form ........................................................................................................33 JOB: Core Aerate yards with Powered machine ..............................................................................................34 Equipment / Cost Rental $75/day or Used $500 to $1000. .........................................................................34 Demand: Seasonal HUGE. ..........................................................................................................................34 Sales/Marketing Pitch: For $75, teenager Aerates Yard. ..............................................................................34 Example: Author bought $500 yard aerator. Kids make $75 each yard every hour. ....................................34 Video of this Business. .................................................................................................................................34 Sample Marketing Flyer ................................................................................................................................34 JOB: Wash Neighbor Cars in THEIR driveways. Use their water. ..................................................................35 Equipment / Cost $25 to $50 one time. Add Soap.......................................................................................35 Demand: HUGE and every WEEK. .............................................................................................................35 Sales/Marketing Pitch: For $10 per car, wash and dry a car in 10 minutes. ................................................35 Example: SPEED washing a car. It’s all in HOW. ......................................................................................35 Video of this Business. .................................................................................................................................36 JOB: Pressure Wash Decks, Driveways, Sidewalks. ........................................................................................36 Equipment / Cost Rent or Borrow pressure washer ....................................................................................36 Demand: Always. .........................................................................................................................................36 Sales/Marketing Pitch: For $20 to $30 per hour, clean anything the customer wants. ................................37 Example: Obvious. ........................................................................................................................................37 JOB: Neighborhood Concierge Service. ..........................................................................................................37 Equipment / Cost None. Just need a cell phone with IM capability ............................................................37 Demand: High. ............................................................................................................................................37 Sales/Marketing Pitch: .................................................................................................................................37 Example: 37 JOB: Setup the ElectronicNapkin.com Webcam System ..................................................................................37 Introduction 38 Equipment / Cost About $150 base cost. .....................................................................................................38 Demand: HUGE. ........................................................................................................................................38 Sales/Marketing Pitch: For cost of hardware/software plus $50 labor .........................................................38 Example: Download the White Paper on ElectronicNapkin.com ..............................................................38 Date: 8/8/2011 8:54 AM Page 4! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Watch Video 39 Marketing Questions to sell ELECTRONIC NAPKIN -taglines ..................................................................39 JOB: Hook up Home Living Room Electronics –TV, Stereo, Players, GameBoxes, Speakers .......................40 Introduction 40 Equipment / Cost Minimum tools –one time cost ...................................................................................40 Demand: Almost every home is NOT hooked up correctly. .........................................................................40 Sales/Marketing Pitch: Do you listen to your TV through your stereo system? ...........................................40 Example: 41 Watch Video 41 JOB: Use your big LCD TV as a Computer Monitor ........................................................................................42 Introduction 42 Equipment / Cost Cabling at cost. ...........................................................................................................42 Demand: Huge. Anyone who has a newer digital TV. ..................................................................................43 Sales/Marketing Pitch: .................................................................................................................................43 Example: 43 Watch Video 43 JOB: Backup data and address books on CellPhones, BlackBerrys, and PDAs. ..............................................43 Introduction 43 Equipment/Cost Ridiculously low to nothing. ...............................................................................................44 Demand: Everyone who carries a PDA. ...........................................................................................................44 Sales/Marketing Pitch: Easy. Ask if they backup monthly. .........................................................................44 Example: 44 Watch Video 44 JOB: Create Websites for Others .......................................................................................................................44 Introduction 44 Equipment / Cost Just need a PC and an Internet connection. ....................................................................45 Demand: Very high. Most everyone wants to be noticed. ...........................................................................45 Sales/Marketing Pitch: .................................................................................................................................45 Example: 45 Watch Video 45 JOB: Create Personal and Business Cards, and Flyers for others .....................................................................45 Introduction 45 Equipment / Cost -None. .............................................................................................................................46 Demand: High. Everyone likes to be in touch with new friends. ................................................................46 Sales/Marketing Pitch: .................................................................................................................................46 Example: 46 Read the White Paper on Business Cards. .....................................................................................................46 JOB: Build Audio/Visual Studio to make money producing Content. ..............................................................47 Introduction 47 Equipment / Cost none except a PC. ...........................................................................................................47 Just need a decent PC to process the video. ..................................................................................................47 Demand: High. .............................................................................................................................................47 Ask how many digital photos and home movies you own. ..........................................................................47 Date: 8/8/2011 8:54 AM Page 5! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Sales/Marketing Pitch: .................................................................................................................................47 Example: 47 Watch Video 48 JOB: Programming electronics for your neighbors ...........................................................................................48 Introduction 48 Equipment / Cost None...............................................................................................................................48 Demand: Huge. ..............................................................................................................................................48 Sales/Marketing Pitch: .................................................................................................................................49 For $ __ per job, teenager will ......................................................................................................................49 Example: 49 Watch Video 49 JOB: Coaching Sports for your neighborhood kids..........................................................................................49 Introduction 49 Equipment / Cost Zero................................................................................................................................49 Demand: Do you have kids who play sports? Answer: Probably yes. ........................................................49 Sales/Marketing Pitch: .................................................................................................................................49 Example: 50 Watch Video 50 JOB: Tutoring other Students with ElectronicNapkin.com ..............................................................................50 Introduction 50 Equipment / Cost $0 or an ElectronicNapkin.com system. .........................................................................50 Demand: Every kid benefits from tutoring sometime. .................................................................................50 Sales/Marketing Pitch: .................................................................................................................................50 Example: Remote Tutoring...........................................................................................................................51 Watch Video 51 JOB: Set up Remote WebCams ........................................................................................................................51 Introduction 51 Equipment / Cost ........................................................................................................................................52 Demand: High..............................................................................................................................................53 Sales/Marketing Pitch: Offer to set up Video Calling on home PCs and TVs. ...........................................53 Example: 53 Watch Video 53 JOB: Build Workshop Benches .........................................................................................................................53 Introduction 53 Equipment / Cost ........................................................................................................................................54 Demand: 54 Sales/Marketing Pitch: For $ __ per job, teenager will ...............................................................................54 Example: 54 Watch Video 54 JOB: Buy and Mount pre-built storage shelving and racks. ............................................................................54 Introduction 54 Equipment / Cost ........................................................................................................................................54 Demand: 54 Date: 8/8/2011 8:54 AM Page 6! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Sales/Marketing Pitch: For $ __ per job, teenager will ...............................................................................54 Example: 54 Watch Video 54 JOB: Mount convenience shelving and storage systems around home. ...........................................................55 Introduction 55 Equipment / Cost ........................................................................................................................................55 Demand: 55 Sales/Marketing Pitch: For $ __ per job, teenager will ...............................................................................55 Example: 55 Watch Video 55 JOB: Clean out kitchen JUNK drawers. ..........................................................................................................55 Introduction 55 Equipment / Cost Cost of storage containers..............................................................................................55 Demand: Every house has a junk drawer. Or many. ...................................................................................56 Sales/Marketing Pitch: For $ 20 per hour, teenager will organizes junk drawers. .......................................56 Example: 56 Watch Video 56 JOB: Labeling Valuables in homes. ..................................................................................................................56 Introduction 56 Equipment / Cost ........................................................................................................................................57 Cost of a label maker. ............................................................................................................................................57 A few good quality permanent magic markers, .....................................................................................................57 A pre-printed sheet of labels made up just for that customer. ...............................................................................57 Demand: High for disorganized clients. .......................................................................................................57 Sales/Marketing Pitch: For $ 15 per hour, teenager will labels valuables...................................................57 Example: 57 Watch Video 57 OLD WRITE-UP from TEENSBO.com .............................................................................................................57 START-UP PLANS .........................................................................................................................................57 For Individual Teens to Start a Business. ......................................................................................................57 TEAM MEMBERS and RESOURCES ................................................................................................................58 Who Is Author: Keith Duncan. [email protected] ....................................................................58 All Rights Reserved. TeenMoneyMachine Resident of State of Georgia. His Parent Company name is www.BuiltByKeith.com Email [email protected] Keith’s Patent Pending product is www.IseeStand.com and soon: www.IseeSmartPhoneHolder.com ..................................................................58 Keith Duncan, Norcross Georgia - Adult Credentials. .................................................................................59 Keith Duncan –Teenager Biography .............................................................................................................59 Contributing Board of Advisors .......................................................................................................................60 Possible Copy Writers: ..................................................................................................................................60 On Board Contributors: .................................................................................................................................60 ! Date: 8/8/2011 8:54 AM Page 7! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Index of Videos, Audio Files, and White Papers ! Description………………………………………Page ! Audio Files of Teen Ideas ......................................25 Business Card Samples ..........................................28 Business Card Tips -White Paper ..........................40 Custome Sign-up Form and Book Keeping ...........28 Elecronic Napkin Setup Video ...............................33 Electronic Napkin ..................................................18 Hook up HomeTheater Video ................................36 Hook up PC-laptops to Flat screen TVs ................37 ! ! ! Job Hook Up Remotes ...........................................18 Sample Marketing Flyer ........................................29 Scan Business Card Video .....................................26 Self Promote ..........................................................18 Wash Cars on Sunday Video ..................................31 Yard Aeriate Video .................................................12 ! ! 1. List of Service oriented businesses. Because most Millennium young entrepreneurs have immediate attention spans, we start this book off immediately with a starter list of service oriented businesses that any young adult (or anyone for that matter) can start same day with little to no investment in products or supports. This book shows how individuals WILL become financially independent of others simply by providing service to others. It is so simple and so transforming of our culture today. The solutions in this book were gifted to me by my original Dad. We hope you also recognize the gift of life and service provided to us by our original elders from all cultural denominations. ! ! 1.1. Table of Jobs (some overlap with full description) ! Codes: MV –Market Value is value that someone is willing to pay you. ! Note: Suggested Base rate and Range columns are suggestions. Each Teen must determine the actual value someone is willing to pay for their service and time. Just remember that your client’s time is VERY valuable and they are willing to pay you value for your time. Example: If a lawyer makes $100 per hour, he may easily pay you $30 per hour to do work he does not WANT to do. This is all about Value Proposition. ! TO-DO. This table will be converted into a clickable matrix that takes you directly to that business description and video. Date: 8/8/2011 8:54 AM Page 8! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! Base Rate $$$ 10 10 range hr or job $ Job Description Basic Jobs -Tools you will need, What you can do for your clients. ++50 Scan Business Buy an electronic Scanner (about $150 and up). Scan Cards business cards for your neighbors, professionals, and salespeople. Give them back the proofed contact information along with their original business cards. Expect 10 cents to 50 cents per card scanned and proof read for accuracy. 10 500 Consignment Artwork 25 75 Lawn Service Sell your artwork. Oil on canvas, commissioned portraits and scenes. Use your website to show your inventor to customers. Boring and common. But still a money maker. Need Mower. Optional rake, blower, or sidewalk edger. Money comes if you have sub-contractors underneath your command. 30 100 Yard Core Aerate Power Aerator. Pulls plugs of dirt in yard for air / moisture. Done in Spring and Fall. Rental is $75/day or buy a used one for about $500. 20 200 Pressure wash Clean Decks, driveways, sidewalks 10 50 House sit get papers, take out trash, water plants, assorted jobs 10 40 Wash cars Wash neighbors cars in their driveways using their water. Salesmen would LOVE this on Sunday afternoons. Optional wax, glass, and detail. 10 100 Trim trees/ shrubs 20 50 Turn flowerbeds Trimmers, rake, tarp, Shovel. In preparation for planting. Gardening. By square foot 25 100 Clean out garage So owners can park their cars (a VERY common problem). Instead of pay, Barter for stuff owners no longer want such as old electronics, games, furniture, storage boxes, lighting, you name it. 10 75 Clean fish tanks by the Gallon, Gravel syphon, towels, replacement water, etc 5 20 Dog walk By the mile and by # of dogs. MV Stereo Hookup Run speaker wires and attach maze of wires to system Date: 8/8/2011 8:54 AM Page 9! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 10 MV New TV hookup With all the new LCD TVs being bought, Teen unboxes new TV, mounts on stand, hooks up the maze of wires to existing Cable feeds, stereo hookups, and other devices. 20 MV Create personal websites. For $10/year domain, and $10/month hosting fee, Teen charges “MV” to create a custom static website for their customer. Customer can then upload their own blog, video, photos, and maintain their own content for their friends, family, and business associates. 10 MV Set up IPODs set up Itunes, download favorite songs, 10 MV Shop and price Find needed gadgets for customers. Do the research for for Electronics them. 15 20-40 Spread pinestraw By the bale, seasonal. 20 20-40 Spread yard sand By the cubic yard. For leveling sod grass. Have trucking company deliver the river sand at cost. 10 cubic yards cost about $250. Use wheelbarrow, shovel, and broom to spread and level the sand. 10 25 Clean out attics by the hour. Haul to dumpster. Keep the best stuff with owner’s permission. 10 50 Design Websites Design websites for individuals or small businesses. Very easy to do with GoDaddy.com 10 30 Simple Accounting 10 30 Design Business Layout and print off temporary business cards for your clients. Cards Example: Set up a business creating personal business cards for other teenagers, neighbors, elderly folks, or home based businesses. Use VISTAPRINT.com for larger or customized orders. All you need is a decent color printer, or send them off to a local Printer shop such as OfficeMax.com OfficeDepot.com or Kinkos for high quality printing. Single color prints on hard card stock is about 50 cents per sheet for 10 business cards. MV MV Resell Neighbor’s Old Sporting goods Date: 8/8/2011 8:54 AM Enter receipts and busieness expenses into Excel.xls for clients so they can keep business records and do taxes faster. Everyone has a garage and basement full of old sporting goods when their kids were young. Now the gear just takes up space. Eventually it goes to Charity or gets thrown out. Teen sorts through all the equipment by size and sport, then finds neighbors who will buy this gear at used Market Value. Teen pockets 50% of proceeds and gives 50% to homeowner. Page 10 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 20 50 Build Workshop Most Dads love to have a workshop in their basement or garage but bench for Dads don’t have the time or tools to build a simple workbench. Teenager shows up with a plan. Parent orders the wood,nails, and a nice size VISE for delivery. Teenager borrows a skillSaw, 2 portable workhorses, and a hammer. In about 4 hours, he builds an extremely sturdy and permanent 8 by 4 foot workbench with a corner vise mounted. 20 100 Build Storage Shelves Using 2 x 4 and 4x8 sheets of heavy plywood, Teen builds large scale custom shelving in basement for storing all those boxes of seasonal and long term storage goods. 20 50 Mount Garage Storage Cabinets Kits available from any home improvement store. Takes about 1 hour to assemble and mount cabinets in garage for storing shoes, sports equipment, tools, and other goods. Gets everything off the floor and out of sight. 10 Add Garage Car Nail up car bumper guards (2 by 6’s) at end of garage so accidental Bumpers car bumps won’t tear up the wall. 20 100 Paint Garage Floor 15 MV Add Coat Racks Install wire racks, hangers, and coat hooks in garage, mud-rooms, and shelving and under staircases. 20 MV Set up new PCs Load applications and data from old PCs. Configure email and web browsers. Set up print drivers and network connections. 20 MV Set up Wireless Routers Install and set up wireless router in home for use by remote laptops and printers. 20 MV New Video Camcorders Teen shows customer how to set up and use their new Video CamCorder. Teen shows how to import the video to their PC, edit their footage, and burn DVDs with titles and chapters. 20 MV Photo Show on TVs With all the LCD TV’s now PC capable, Teen hooks up old PC’s to the new PCs, adds either wireless LAN card or runs Ethernet cable. Then programs the old PC to access the thousands of digital photos from the customers home office PC. Customer can now run his own family slide show on their family TVs throught the computer network. Date: 8/8/2011 8:54 AM Pressure wash, then apply special epoxy based garage paint on floor using roller with long handle. Takes about 1 hour per 2 coats for two car garage. Cost of paint is about $30 per gallon for 20 x 20 space. Page 11 ! of 60 ! Turn Your Teen Into a Money Machine © ™ 20 MV www.TeenMoneyMachine.com Add automatic Using simple X-10 switches and transmitters (plugs into wall Lighting control outlet), Teen sets up automatic lighting control for homeowner for to home about $15 per lamp. Lights can be programmed to come on automatically based on time of day or when motion is detected. Assembly Build and install Basketball goals, playsets, and other outdoor sporting goods. ! ! 1.1.1. Additional list of Job Topic Categories. ( TO be consolidated with other lists as this eBook is finished). ! ! A. Creating Websites for fun and profit B. Marketing yourself and others with custom Business Cards, Flyers, Posters, Signs, Campaign Marketing. C. Building a Audio/Visual Production Studio to make money. D. Programming electronics for your parents and neighbors. E. Installing home electronics for yourself and others. F. Washing Cars for $10 every 10 minutes for your neighbors. G. Yard Aerate for $75 per hour with a $500 used power machine. H. Set up a virtual home office and sell ANYTHING with a webcam over the Internet. Take orders for commissioned artwork or speciality goods that YOU build and provide. I. Clean and organize garages and workshops in exchange for their old Goodies (Bartering). J. Teach Adults how to use their IPODS, PDAs, I-Phones, electronics. K. Install and set up LCD TV’s anywhere in homes. Learn to wire and program. Teach the homeowner how to use their own equipment. L. Install and train adults how to set up webcams in their homes for remote security monitoring for under $100 cost to homeowner. Hint: Use old throwaway PCs. M. Teach your neighborhood adults how to use their XBOXs and PlayStations so they can compete with their own kids. What a winner ! ! ! ! N. Use common yard tools to set up a sustainable specialty outdoor business. Date: 8/8/2011 8:54 AM Page 12 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 1.1.2. Next BIG TEEN Business Solutions ! 1. Hooking up existing Stereos to new style LCD TVs and then programming ONE remote to control all three boxes. TV, ComCast/Cable, and Stereo. Customers can THROW away at least 2 remotes. Folks will easily pay $20 for a teenager to set this up for them. Takes about 20 minutes for REMOTE, maybe 30 minutes more to do the back wiring between all the components. I can do this is my sleep which means I can video teach anyone how to do it in about 30 minutes worth of video time. ! ! ! 2. Hook up simple WEBcam to existing PC, or reuse the older throw-away PCs, or laptop. Hook up this PC/laptop to existing (or new) LCD TV. All the connections are now standard, teen just needs to add 1 new VGA video and 1 audio cable. NOW, the PC/laptop uses LCD TV as a HUGE extended monitor. AND with the WEBcam and free software (from internet), customer can place video calls to anywhere in the world for free. Other options available also such as remote video security camera and remote check of property. 3. HIGH END Teenager Goods (Business Bartering/re-sell/etc). a. High end musical gear. Expensive Guitars, musical instruments, drum sets, trumpets, etc. b. Paint-Ball Guns. These go from $50 up to $500 each. c. Military Game gear. d. Xbox, accessories, games. HUGE resell market. e. DVD resells. How many DVD’s do YOU have in your collection. How many are kid oriented (or you no longer WANT them). f. Stereo gear and speakers and older TVs. How many kids want to ROCK and ROLL in their own bedrooms? And in their basements??? Now they can do it for FREE. Just learn to provide a service to their neighbors in exchange for the neighbors older gear. g. Older cellphones. Everyone upgrades. They THROW away perfectly good Blackberrys and other cellphones. Teens can resell them easily. h. Older PCs, Laptops, monitors, and printers. Same as above. Everyone THROWS the old ones away. i. Digital Cameras and Video Cameras (everyone is throwing away old Tape video cameras and going HardDisk VideoCams. Add on market is teens processing older 8mm video tapes to DVDs for clients. And a WHOLE lot more related to that. j. Old scanners, fax machines, home office equipment, copiers. There is a HUGE market for recycling working electronics for a teenager’s bedroom or recycle/resell to other neighbors. k. Organize client’s Digital Photographs onto a portable HardDisk (cost is $100 for 400 gig portable drive size of small book. Teens can also take those huge stacks of Music CD’s, organize them (with ITUNES or equal) and copy over to these portable HardDisks for clients. Client pays for the harddisk purchase plus the time for teenager to copy music over. Teen sets up the Portable music harddisk on client’s laptop or on their home office PC, or on the PC sitting next to home Stereo system. Now client can listen to THEIR own music without loading their old CDs every time. (Music Server) NOTE to READERS. The Embedded URL Links (website addresses) in this eBook are temporary. The VIDEOS may or may not be active at this time. I will be using www.TeenMoneyMachine.com/uploads and www.TeenMM.com website addresses interchangeably. When all the websites get launched, these two primary websites will point to the SAME URL. The TeenMM.com prefix is Date: 8/8/2011 8:54 AM Page 13 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com just a shortcut to reduce everyone’s typing time if they do not have CLICK on URL feature. ! Date: 8/8/2011 8:54 AM Page 14 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Listing of all Videos, Audios, and White Papers done since conception by Keith Duncan. Enjoy. 1.2. TeenMoneyMachine Business Resources ! From Keith Duncan July 21, 2011 Author. Parent company BuiltByKeith.com Keith’s resource website server is at www.TeenMM.com -It supports TeenMoneyMachine.com Start with all filenames containing TMM or tmm. ! It’s a Read-Only secure FTP website for storing all his Teen related ideas. It has over 4 years of accumulated knowledge, ALL of it original and owned by Keith Duncan and assigned to www.BuiltByKeith.com LLC All Rights Reserved, copyright 2011, patent pending, blah-blah-blah rest of legal language the lawyers can add. Got to through in a funny sometimes. ! Directory filepath formats are: /v directory is videos /a is audio /w is white paper /p is photos (some of my mind-maps , the heart of the knowledge of how I re-programmed my brain and invented IseeStand as well as so many other things that FEW if ANY know about yet. ! www.TeenMM.com/a/KeithD_tmm Teen Safety in Biz_2008_12_11.mp3 ! www.teenmm.com/v/090119JonathanKrohnNorcrossRotaryClubSpeechmq.wmv www.teenmm.com/v/20090303EN-AuthorsUSMCsonIraq.AVI www.teenmm.com/v/20090306SMRCFpromo.wmv www.teenmm.com/v/20090306SMRCFpromoHD.wmv www.teenmm.com/v/AttackDogsBack.flv www.teenmm.com/v/AttackDogsBack.wmv www.teenmm.com/v/CatchAThiefWithSkype.wmv www.teenmm.com/v/DualWebCamMMb.wmv www.teenmm.com/v/EN-PlanDemoMQ.wmv www.teenmm.com/v/EN-RC-RemoteCounseling.wmv www.teenmm.com/v/FixAirlines.pdf www.teenmm.com/v/FocusOnOutcome-MissionStatementHQ.wmv www.teenmm.com/v/FocusOnOutcome-Short3.wmv www.teenmm.com/v/KeithDuncanOfferRonClark.wmv www.teenmm.com/v/MMCounselingIdeas.wmv www.teenmm.com/v/ReadingWebcamVisualImpaired.wmv www.teenmm.com/v/ScanBizCards.wmv www.teenmm.com/v/T.wmv www.teenmm.com/v/T3WorkStnShort.wmv Date: 8/8/2011 8:54 AM Page 15 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com www.teenmm.com/v/TMMHookUpFlatPanelTV.wmv www.teenmm.com/v/TMMHookUpHomeSystem.flv www.teenmm.com/v/TMMHookUpHomeSystem.wmv www.teenmm.com/v/TMMHookUpRemotes.flv www.teenmm.com/v/TMMHookUpRemotes.wmv www.teenmm.com/v/TMMKeithHavingFunGuru.wmv www.teenmm.com/v/TMMPromoEvent.wmv www.teenmm.com/v/TMMPromoEventHD.wmv www.teenmm.com/v/TMMWashCarsSundays.flv www.teenmm.com/v/TMMWashCarsSundays2.wmv www.teenmm.com/v/TMMYardAerate.wmv www.teenmm.com/v/TMMYardAerate2.wmv www.teenmm.com/v/TMMYardAeriateIntroSon.wmv www.teenmm.com/v/TeenMoneyMachineDemoJobs1.avi www.teenmm.com/v/TeenMoneyMachineDemoJobs2.flv www.teenmm.com/v/TeenMoneyMachineDemoJobs3.wmv www.teenmm.com/v/WebCamAtEvents.avi www.teenmm.com/v/WebCamAtEvents.wmv www.teenmm.com/v/WebcamMindMapHowTo.wmv www.teenmm.com/v/t1.wmv www.teenmm.com/v/t2.wmv www.teenmm.com/v/t3.wmv www.teenmm.com/v/tmmPreview.pdf www.teenmm.com/v/ttmDemo1.rm www.TeenMM.com/a/001_A_011_KeithD_Idea-ImageryUnloadsBrain_2008_11_04.mp3 www.TeenMM.com/a/001_A_012_KeithD_ST-KeithThinksThink_2008_11_05.mp3 www.TeenMM.com/a/001_A_013_KeithD_ST-LightenUpYourBrain_2008_11_05.mp3 www.TeenMM.com/a/001_A_014_KeithD_LearnFirstNamesAudio_2008_11_05.mp3 www.TeenMM.com/a/001_A_015_KeithD_ST-ReadBodyLanguage_2008_11_05.mp3 www.TeenMM.com/a/001_A_016_KeithD_ST-FindRythumInLife_2008_11_05.mp3 www.TeenMM.com/a/001_A_017_KeithD_ST-TimeManage1Sheet_2008_11_05.mp3 www.TeenMM.com/a/007_KeithD_TSBO Ethics model_2008_07_07.mp3 www.TeenMM.com/a/009_KeithD_TSBO Mission statement_2008_07_07.mp3 www.TeenMM.com/a/010_KeithD_Topic Burning better brain pathways_2008_07_08.mp3 www.TeenMM.com/a/013_SOS-SimplifyLife-Value_2009_02_04_14_57.mp3 www.TeenMM.com/a/015_EN-HighTechRoadWarrior_2009_02_04_15_07.mp3 www.TeenMM.com/a/019_KeithD_boasos sales Arsenal list_2008_07_18.mp3 www.TeenMM.com/a/023_KeithD_Topic -success Outcome not income_2008_07_31.mp3 www.TeenMM.com/a/024_KeithD_Topic-HealthyDoseOfDONTCare_2008_07_31.mp3 ! www.TeenMM.com/a/KeithD_tmm Backup BlackBerry biz.mp3 www.TeenMM.com/a/KeithD_tmm Biz ideas for Girls_2008_12_11.mp3 Date: 8/8/2011 8:54 AM Page 16 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com www.TeenMM.com/a/KeithD_tmm Book Intro.mp3 www.TeenMM.com/a/KeithD_tmm Girl Biz Ideas_2008_12_11.mp3 www.TeenMM.com/a/KeithD_tmm Girl Sport Biz ideas_2008_12_11.mp3 www.TeenMM.com/a/KeithD_tmm Guitar Business.mp3 www.TeenMM.com/a/KeithD_tmm RemoteVideo PC Biz Idea_2008_12_02.mp3 www.TeenMM.com/a/KeithD_tmm Soccer Equipment Biz.mp3 ! www.TeenMM.com/a/tmm.m4a ! www.teenmm.com/w/BizCardTips2.pdf www.teenmm.com/w/LearnFirstNames.pdf www.teenmm.com/w/TurnOffLightsV3.pdf www.teenmm.com/w/tmm.pdf www.teenmm.com/w/tmmPreview.pdf www.teenmm.com/w/tmmSubscribeBook.pdf ! www.TeenMM.com/brainstorm/BizCardTips.pdf www.TeenMM.com/brainstorm/BrainContainHomePage.flv www.TeenMM.com/brainstorm/Direct MindMap Thinking Process.jpg www.TeenMM.com/brainstorm/ENwearablepcHD.wmv www.TeenMM.com/brainstorm/T3WorkStnShort.flv www.TeenMM.com/brainstorm/T3WorkStnShort.wmv www.TeenMM.com/brainstorm/ThreeTeachWorkStationsJuly2008.flv www.TeenMM.com/brainstorm/ThreeTeachWorkStationsJuly2008.rm www.TeenMM.com/brainstorm/UseWebCamMotionDetectionSurvellance.wmv www.TeenMM.com/brainstorm/t3WorkStns.rm ! www.TeenMM.com/p/BrainContainLogo.JPG www.TeenMM.com/p/CupOfForgiveness.jpg www.TeenMM.com/p/IEI Louis Foreman -Everyday Edisons. Aug 16 2008.jpg www.TeenMM.com/p/IEI Michael Lanning Value Proposition Oct 9 2008.jpg www.TeenMM.com/p/TeenSBO GrowTree.jpg www.TeenMM.com/p/TeenSBO How Model.jpg www.TeenMM.com/p/TeenSBO OMS to Biz.jpg www.TeenMM.com/p/TeenSBO Purpose of.jpg ! Date: 8/8/2011 8:54 AM Page 17 ! of 60 ! Turn Your Teen Into a Money Machine © ™ ! www.TeenMoneyMachine.com ! 2. Foreword ! ! The Foreword section and testimonials go HERE. Please email your suggestions to me at [email protected] ! 3. eBook Outline & Levels (original list –to be removed in near future). 3.1. Introduction a. b. c. d. e. f. g. h. ! State of the Family Union (child welfare is what most parents provide in form of entitlement) Earning a living. Getting off your family’s payroll. Providing for oneself. Make a go of being the best for yourself. Learning how to provide service to others in exchange for benefits. Creating your own Business. Learn how to make a profit while you have a blast of fun. Get off the couch, you slouch!!! Be the next Bill Gates, except STAY in SCHOOL at same time. Learn Faster and be Smarter because you now know how to Run a Business. 3.2. Value Proposition 1. 2. 3. 4. 5. ! Why kids need to conduct business transactions today. Time versus Profit. Bartering. Age appropriate entry into the marketplace. Ethics, Safety, Benefits, Scalable factors (move up into business world). Identifying business opportunities. Find and meet a need that delivers value. Sales Techniques. Successful ways to sell like adults. Finance. Establishing the books and record keeping. Leveraging your business through your friends, neighborhood, and community. ! START READING HERE: 4. Top Level Introduction #1 ! Date: 8/8/2011 8:54 AM Page 18 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com How many employees do you have on your payroll, yes, your family payroll? If your kids were your employees, are they earning their own keep? If yes, stop here. If no, are you paying out the nose to support your grown up rug-rats. Ask yourself one question: Do your teenagers bring monetary value to your family and themselves? How much income do they earn versus your expense? In fact, you are probably NOT an employer of your children, you are actually a charitable benefactor. How would you like to have financially independent kids by age 16 to 19? What is stopping you or them? Are your children typically 18 to 22 years old before they actually get a real job for the first time? Who prepares them to actually conduct business in the real world? Do any of their high school or college classes actually provide money making opportunities where they sell products and services in the real world and receive cash in hand? Or do most parents beat on their kids to 'get a job with good benefits' as soon as they get out of school? What kind of business training is that? (sink or swim??) Instead, how about unleashing your kids and show them how to start their own business in your neighborhood with people you already know and trust? ! Better yet, since most teenagers do exactly opposite what their parents ask of them, how about parents helping the other neighborhood kids learn a business skill that results in providing value to other parents? Don't you think a teenager would love to earn $10 to $80 per hour providing a cash based service to their neighbors? My kids easily earn $75 every 45 minutes running a powered Core Aerator that punches holes in grass lawns. I bought a used Aerator for $500 about 8 years ago and my teenagers easily earn $500 cash every 6 hours. There are so many other types of jobs that teenagers can safely and profitably perform right in their own neighborhood. To subscribe to our service of helping your teenager be self-sufficient by age 15, Order our Ebook at www.TeenMoneyMachine.com and get your kids off your payroll. ! ! 4.1. ALTERNATE Introduction –Ghost Writer Bravo Valenti © 2008 BravosWorld, LLC All Rights Reserved No part of this sample may be re-used for any purpose without the author’s prior written consent. Introduction to “Turn Your Teen Into A Money Machine” by Bravo Valenti (aka/dba Michael Berkowitz) ! Okay, you have a teenager. Or maybe a house full of them. I do, too, so trust me when I tell you- I feel your pain! Don’t get me wrong- I love teens. Especially my own. I’m very proud of my kids. One has proudly served his country in Iraq and is getting ready to volunteer for his second tour of duty. The other is a great kid getting ready to graduate high school and go into the Air Force. I’m sure you are proud of your kids, as well. Date: 8/8/2011 8:54 AM Page 19 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Or maybe not. I hear horror stories every day about teen drop-outs, unwanted teen pregnancies, teen delinquents and teen drug abusers. My heart goes out to you if your teen is giving you those kinds of problems. There is one thing I have learned about all teens that I would like to share with you. Whether your teen kids are model children or street criminals, honor students or drop-outs, top athletes or overweight couch potatoes, there is one thing I have discovered that all teens have in common: THEY ARE DARN EXPENSIVE! Heck, if I had known how expensive having a teenager was, I would have given my kids up for adoption at age twelve! No wonder there were a bunch of parents who, when they found out about Nebraska’s “safe haven law” showed up with teen kids that they wanted to abandon! The law was intended to prevent “dumpster babies” from unwanted pregnancies, and nobody suspected that financially frustrated parents of grown children would see an opportunity to get out from under the burden of raising teenagers. It was all over the newspapers and television. Here’s one report on what happened, from Yahoo! News: LINCOLN, Neb. – The mother was running out of more than patience when she abandoned her 18-yearold daughter at a hospital over the weekend under Nebraska's safe-haven law. She was also running out of time: She knew that state lawmakers would soon meet in a special session to amend the ill-fated law so that it would apply to newborns only. To the state's surprise and embarrassment, more than half of the 33 children legally abandoned under the safe-haven law since it took effect in mid-July have been teenagers. "These are largely families at a point of incredible desperation," said Wayne Sensor, chief executive of Alegent Health. "They aren't bad parents or bad kids. They simply don't know what services are available out there.” If you really think about it, teenaged mothers and other women who abandon their babies often do so because they fear they won’t be able to support them. But teens are a heck of a lot more expensive than babies, so can you blame those folks for throwing in the towel? People think babies are expensive, because they have to buy them diapers. I know, they’re disposable and you keep buying more and more and it’s literally like flushing your money down both the literal and the proverbial toilet. But that’s nothing compared to the latest jeans that teen girls just “have” to own. I’m talking jeans that cost a monthly car payment! And that are out of style or don’t fit a few months after they buy them. Teen boys and girls physically outgrow their clothes and change their taste faster than they woof down their food! ! And speaking of food, have you ever added up your food bill just to keep your constantly morphing man or woman-child from turning into a starving beast? I originally started shopping at “wholesale clubs” like Costco as a way to save money. At first, I felt silly buying huge jars of mayonnaise and ketchup that looked like they belonged in the storage refrigerator for an NFL football team, and not a family pantry. But like every family, we have a budget and so I wanted to get the lower cost that comes with buying bulk. However, I soon discovered that the giant “wholesale size” food products they sell at places like Costco and Sam’s Club are actually normal sized for teens! I was thinking I would be saving money, when in fact, the bigger the jars, boxes and packages of snacks, food, juices and cereals that we were buying, the more our teens were devouring. You see, teens have a different perspective on sizes, that is the result of their adolescent brain and eye development. Date: 8/8/2011 8:54 AM Page 20 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! To a teen: • A gallon is a glass. The proof? A teen doesn’t drink from a glass, preferring to drink milk or juice straight from the gallon jug. • A box is a bowl. Teens rarely need to pour cereal into a bowl. Really, if you think about it, it’s a wasted effort if you are going to finish off the entire box in one sitting anyway. • A plateful is an appetizer. Haven’t you ever seen a teen eat a whole plate of food and then ask “What’s for dinner?” • A dozen is a couple. “Mom, can I have a couple of cookies?” Count ‘em. I have. Twelve. Sometimes more. ! I call this “The Teen Theory of Relativity.” Of course, we can’t allow our growing teens to starve to death, so we accept it as part of our responsibility as good parents that our teens should be allowed carte blanche access to our wholesale-sized food supply. Some of my dear readers may even be thinking “Gee, do you believe this guy is so cheap, he’s complaining about feeding his kids?” And that’s okay. But that’s not really where I am coming from. You see, the food bill is just one of the smallest expenses we incur on their behalf. There are clothes that don’t fit, sometimes mere months after we buy them. And tennis lessons. Cheerleading. Piano and guitar. Band. Football. Baseball. School trips. Skiing. Golf. Summer camp. Skateboarding. Bicycles and motorcycles, cars and ATVs. Helmets and gear. Art supplies. Video games and Netflix. Itunes. Wiis, Nintendo’s, Xboxes et al. Sweet Sixteens (and Quinceneras and other ethnic equivalents) and proms. Graduation ceremonies. There’s make-up for the girls. And cell phones and IPods and Blackberries. Concert tickets and sports events. Tutoring and college prep and college applications. And visits to college campuses. And that’s just a small part of it. ! There’s auto insurance, parking tickets and speeding tickets and oh, poor parent, DUI attorney fees. Maybe criminal attorneys when they get caught selling pot in the high school bathroom. There’s the unexpected unplanned pregnancy and all of the related medical expenses, no matter what difficult decision is made. There’s rehab for drugs and drinking, and God forbid, a kid in trouble while overseas- expenses that you could not even imagine! ! Has your subconscious cash register been ringing this up? Of course, I haven’t even included medical insurance, private school, religious schooling (communion, Bar and Bat Mitzvahs, etc.) or “THE BIG ONE”private college. Somehow, we all literally buy into the concept that this is the way it’s supposed to be. And if you don’t buy into this financial foolishness that is destroying the economic foundation of the typical family in America, you are somehow a “bad parent.” Hogwash. You heard me. Hogwash. It was an incredible revelation, but one day, I looked at my big, strapping, strong, healthy teen and said to myself, “Darn, he’s stronger than I am.” Then, I listened to him explain one of his American history lessons from school that day. “Darn. That kid of mine is pretty bright.” And then it hit me like a brick. Healthy, bright, strong people all have one thing in common: They work for a living! ! Date: 8/8/2011 8:54 AM Page 21 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com END OF BRAVO’s ghost writing. Note: Bravo was paid for this work using personal funds of Keith Duncan and authorized the above publication of his sample. ! ! ! 5. Introduction to Teen Money Machine. THE eBook of the Year. ! I am proud to announce the creation and publishing of THE ! eBook of the Year, ‘Turn Your TEEN into a MONEY MACHINE’ ! This book is a labor of love, sweat, sometimes blood, and a lot of hard work. It is also one of the best contributions I could ever expect to make to society as a whole. ! To wet your appetite for what ANY Teenager can do, take a quick look at the $75 per job (1 hour each) that my teenage sons have run for the past 8 years. It may be seasonal, but at $500 cash for 7 hours of easy work, who cares. I bought a used Core Aeriator for $500. It still has the original motor and most of the factory parts. With about $50 maintenance per year, it easily generates over $4,000 in 8 work days. Can you claim that kind of return? And our neighborhood customers call US when they want their yard done. They don’t even have to be home when our kids service their yard. It’s a DO the JOB and GET PAID on the spot business. Take a look at the video now: ! YARD AERIATE FREE VIDEO: CLICK ON HIGHLIGHTED LINKS to PLAY VIDEOs. YardAerate.wmv Shows the money making machine at work. Author’sSon.wmv Author’s US Marine Son talks about his High School Days earning money. 5.1. Introduction to GrandParents. A Labor of Love. Here is why you must invest in this book for your grandkids. Your own kids, who are now parents, obviously need some help in getting your grand kids to be self-sufficient. When you were a child, how many times did your parents hand you cash out of their wallet? If it happened more than once a month, you were considered wealthy by any standards. Instead, did your parents say “If you want to buy something, go figure out how to earn it.” More than likely they said ‘Go Get a Job’ and they meant it. Mostly because they used their hard earned cash to put food on the table, a roof over your heads, and clothes on Date: 8/8/2011 8:54 AM Page 22 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com your back. See the section below titled “What Teenagers NEED”. And if you actually did earn what you wanted, how much value did that earned possession mean to you? More than likely, you learned that hard work meant delivering value to someone else in return for getting paid. And often the PAID part was not just the money. It was the experience of conducting business with other people who were not ‘YOUR BOYS’. You learned that just hanging around with your own age group was particularly limiting to your educational and professional growth because all of you were in the same boat. You had very common interests, hung around the same places, had the same friends, and moved in your own circle of influence. Generally speaking, you kept to your own group. ! If you were lucky enough to get thrown to the wolves in the business market place at an early age, you quickly learned that to survive you had to adapt to the needs and wants of other people. And these people were younger, older, culturally different, and above all: STRANGE TO YOU at first. Yes, STRANGE as in STRANGERS. But the more you got to know these STRANGE people, the more these STRANGERS began to become your FRIENDS and trusted business associates. So why MUST you buy this book for your grand children? BECAUSE you owe it to your next generations to TEACH them how to conduct business and create new relationships as early as possible. And that means teaching them how to conduct business in a safe and rewarding environment. And that starts with your grand kids learning to create their own business from the safety of their own neighborhood with people that their family already know and trust. And it means protecting the rights of your grandchildren to learn to EARN their way to financial stability and freedom. ! ! 5.2. Introduction to Parents. ! This section is for the Parents of Teenagers. ! So please tell me why you are being disrespectful of your kids by giving them everything they WANT. Note that what your kids really NEED is not the same as what they WANT. Make sure you read the following section on the definitions of NEED versus WANT. ! This could be a really long section describing all the reasons why your teenager should be conducting business transactions at an early age. Instead, just click on the free video to get a much better visual of why you as parents must encourage, caress, persuade, and sometimes gently throw your children out the doorway by requiring them to interact with the REAL world. This is the world of business. ! Regarding raising your children to be productive members of society, I’m sure you have done all your research on preparing your upcoming teenagers to be self sufficient and stand on their own financial feet. Right? In our household, we started telling our two young sons at age 11 that as soon as they reach age 18 and graduate High School, they are completely free and independent. That means there is absolutely no financial or material support coming from this Dad and Mom. The ONLY support our kids will receive is the proceeds from the 529 K College fund that we started when they were about 8 years old. The ONLY use of this money is for Date: 8/8/2011 8:54 AM Page 23 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com their college education the first time around. If they don’t use these funds for legitimate college tuition and books, the money is MINE. They do NOT have the option of parking their bodies in my household after age 18 except to visit for short periods of time. Not to be mis-understood, we love our boys dearly. And we would do almost anything to help them prosper and grow. Our gift to them is that we required them to earn their own way at an early age to prepare them for the real world. We do not believe it is fair to our children to expect them to get a job for the first time when they hit age 18 (High School) or Age 22 (College). ! Just think of the benefits of having your children know how to conduct business transactions by the ripe young age of 15. My kids learned how to design their own business and personal calling cards by age 14. They learned how to make signs to post around the neighborhood and their vehicles to get customers. This is what we call market exposure. We taught our kids to always brag about their business and to hand out at least two business cards to interested neighbors. This is a standard technique because then the customer is more likely to give away the extra card to their friends. ! 5.2.1. What Parents NEED ! All parents need the peace of mind that their households contain responsible children and young adults. We accomplish this by insisting on rules, regulations, and habits that instill truth, integrity, and honest in all members of our household. Of course there will always be problems and issues in our families. Just think how fewer problems occur when each family member is self-sufficient at the appropriate age. This occurs when each family member earns their own way. 5.2.2. What Teenagers NEED are: ! 1. LOVE -The root part of this love is Unconditional as blood is thicker than water. The majority of your love for your kids is Conditional. Each of us as parents must recognize that our relationship with our kids must be both as Giver and as Taker. If we are only a GIVER to our children, then our children by default become 100% TAKERS. And how fair is it to our kids to condition them to always get what they WANT. ! 2. FOOD -Enough said. ! 3. SHELTER -Warmth and security. ! 4. CLOTHING -Enough to cover vital areas and protect their feet. All else is gravy wants. ! 5. EDUCATION -Knowledge embedded into their cranium (their brain), with enough common sense that they are independently functioning and happy creatures. For we are ALL creatures of this earth. ! This book is all above LOVE and EDUCATION. And it concentrates on teaching teenagers how to get what they WANT without dipping into your pocketbook. Date: 8/8/2011 8:54 AM Page 24 ! of 60 ! Turn Your Teen Into a Money Machine © ™ ! Absolutely everything else is a SUMMARY: www.TeenMoneyMachine.com W A N T INVEST in this electronic book because your THE SYSTEM and the METHODS to make their own living. You The end result is that you should teenager will now have: and I both understand that investing in our children is a life long labor of love. If we as parents could determine how to just GIVE our LOVE and not have our hard-earned money attached during every love transaction, wouldn’t ALL of us be happier ? !! 5.3. Introduction to Teenagers. ! So why do you, (MR or MS TEENAGER), need to actually LEARN and DO business skills. I’ll start by asking you to imagine the following example. ! How would you feel if you walk into school on Monday morning with the following: ! 1. A wad of cash in your pocket. 2. A debit card from YOUR bank with a $2,000 balance. 3. An almost brand new cellphone (heck you swap to a new cell phone every 2 weeks at no cost to you). 4. You have ALL your homework done a day early. Aceing a near 4.0 Grade Point Average is a no brainer for you. And you are not the smartest guy in school, just the brightest one to apply what you learn. 5. You have your own business cards (actually 3 different ones) 6. You run your own website that promotes you and your network of trusted friends. 7. During lunch hour, you are on your 9” Laptop using WIFI link to check on your adult subcontractor employees working remotely from their homes, and of course checking your email on each of your 6 eCommerce sites. 8. Brainstorming for 15 minutes using ElectronicNapkin with your science class buddies. You keep your brain active and never be bored again. 9. __________ Fill in the blank here with YOUR next activity____________. ! ! So now you are asking how you could acquire a few of the perks listed above. Simple: Start your own business. With this book you will learn the fast and effective way to conduct business transactions in your own neighborhood with people you already faintly know. I say ‘faintly’ because normally you might FAINT if you had to speak to someone you did not know hardly at all. Instead, now you have THE REASON to go speak to Date: 8/8/2011 8:54 AM Page 25 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com others. YOU have a service and/or product to sell to them that has tremendous value to them. ! ! 6. The Basics. What is a Business ! A business is any transaction where value is delivered and value is received. All businesses have the elements of Supply and Demand. The Supply is the available resources of time, material, and knowledge to provide goods or services. Demand is the marketplace that needs those goods and/or services. The Transaction that occurs is known as a Buy-Sell exchange. Someone is buying what someone else is selling. ! Let’s tackle the most obvious question. Who are the customers for teenagers? The answer is YES. That may sound a little broad, but just consider who are the customers for most goods and services. Unless you are talking about luxury goods or something very unusually, most products and services are meant for the general population. The first answer is the most obvious one. The teenager’s customers are their neighbors and friends who they already know and trust. Please remember that trust is a key component of allowing a teenager to conduct business. The teenager may not know his customers at first, so it is vitally important that parents help their teenagers establish business relationships with the people that the parents already know and trust. ! Here is list of your potential customers: 1. Neighbors who you already know for a relatively long term. Consider if you been inside their home on a regular basis. 2. Friends of your parents. 3. Church friends and associates. 4. Sporting leagues, coaches, and teachers, especially from previous years. You already know them. 5. Social Friends of the family. 6. Referrals from people you trust. 7. Owners of local businesses. 8. People you meet in your daily activities who are easy to check out for their Integrity and reputation. 9. Prominent and successful people who are well known and liked. ! ! I will go ahead and be very clear at this point. A teenager should never conduct business in someone else’s home without the proper safety checks and balances in place. That’s a primary reason why the majority of jobs you will find in this book are conducted in the safety of the teenagers’ own home or in the relative safety of the outside property of their clients. When a teenager enters the confines of a customer’s home, their MUST be an exceptionally good trust factor between the client, the teenager, and the teenager’s parents. For some of the business listed in this book, you will notice that GENDER based jobs should be adjusted so that teenager girls are paired with mother type clients, and teenage guys are paired with father type clients. This reduces the risk of gender or age inappropriate behaviors between clients and teenagers. ! Date: 8/8/2011 8:54 AM Page 26 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com So here is the legal warning. Every teen, every parent, and every potential client needs to ensure the safe conduct of business. The author of this book, Keith Duncan, his associates, business partners, and the entity known as TeenMoneyMachine.com hereby do not assume any risk or liability for the activities or businesses demonstrated in this book. Therefore, anyone reading this book and creating their own business must ensure their own safe conduct from a legal as well as moral prospective. The bottom line is that all readers are responsible for themselves and their activities. ! ! 6.1. Components of any Successful Business. ! Below are the components of businesses that are successful. All said and done, these are the FOUNDATIONAL Departments of any business. If you neglect just ONE of them, you will probably not survive in the business world for very long. Just remember that the key element is #1 below. ! 1. BRAIN -That’s you buddy boy. What are you doing with your Noggin. Is the space between your ears occupied by air or by Gray Matter that is just waiting for the next Bill Gates idea. 2. Sales/Marketing. Without SALES, your ideas are just a figment of your own dreams and aspirations. 3. Finance – Got to count those numbers. Revenue - Cost/expenses/overhead/your time = PROFIT. 4. Operations & Delivery -Got to have a way to run the company. And Deliver the Products and Services. 5. Legal -Everything needs to operate on ethical and fair value terms. Enforce what you demand with legally binding contracts in everything you do. Including human resource expectations. 6. Human Resources -You should be so lucky as to have sub-contracters, administrators, employees, vendors, and advisors. Now you are cooking with sizzle. Just remember that PEOPLE are OVERHEAD unless they bring more value to your company than they cost you. 7. ..etc….. Just keep adding on those departments as you grow your own business and future. ! ! 6.2. Branding your Business ! Date: 8/8/2011 8:54 AM Page 27 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com We won’t go into much detail here yet. It is important that whatever business you choose to start, you need a BRAND FOCUS. This is a few keywords and images that convey WHO you are, WHAT you do, and HOW MUCH VALUE you bring to your clients. A catchy business name with a decent colorful logo will go far to make you memorable to your clients. ! 6.3. Marketing your Business ! Signage. Yes Signage. You need to be visually present in the eyes of your customers. Usually you think about signage when you think of bill boards. Instead start thinking and belieiving that YOU are a billboard. Everywhere you go, you are looking for business opportunities. You do this by carefully observing and listening to the needs and wants of others. You would be amazed at how many times each day I meet new people and how interested I become in their needs and interests. It’s amazing how quickly you can connect with people simply by showing a genuine interest in them. When you sit back, relax, and play your cards right, most of the people will show interest in you and your business as soon as they realize you are not hard-selling them something they really don’t need or want. Instead, just ask simple questions to eliminate what you don’t have and realize what product or service you can provide now. ! 6.4. Another Big Issue: Safety. ! When considering your business and how you conduct operations, always consider your personal safety in two terms. One is are you in a safe environment of people. The second is if you are in a physically safe environment from the non-people prospective. Any business you operate must ensure that you know what you are doing as well as conforming to local state codes and general common sense. For example, a teenger has no business lifting extremely heavy objects or working with electrical connections without the proper training, equipment, and supervision. If in any doubt about this section, go consult a lawyer to get a professional judgement on the safety aspect of your business. ! 6.5. Examples of TeenMoneyMachine CONTENT. !Here are examples of Ebook Videos for Promotional Use. FREE Video: YardAeriate.wmv Author’sSon.wmv !For my self promotion, watch this one: TeenMM.com/TMMPromoteCompaniesJan1.wmv !Example to be embedded in eBook. TeenMM.com/TMMHookUpRemotes.wmv !Electronic Napkin eBook: TeenMM.com/HiTechRoadWarrior2.wmv TeenMM.com/MMwebcamMethods.flv Date: 8/8/2011 8:54 AM Page 28 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com TeenMM.com/ThreeTeachWorkStationsJuly2008.rm !! 6.5.1. MORE IDEAS and CONTENT. (Internal Use. To be removed before Publishing). !As usual, I generated more great ideas this morning. ! 1. ElectronicNapkin.com can easily be packaged inside a REAL book. The cover SAYS Electronic Napkin. Inside the book is cut-out for the LogiTech 9000 Cam, a DVD and a CD, and actual pages of text describing the product. The Magic Stick and Clamp are provided in attached package (or sold as a set). If big enough book cover, everything can fit inside if I manufacture a collapsible mount 2. Teenagers can resell my Electronic Napkin kit. And make money. And set it up for the customers. MULT-PURPOSE use of webcam. TONS of uses like I use it. 3. I need immediate TeenMoneyMachine logo and collateral so I can produce calling cards, flyers, advertisements. I can SELL TeenMoneyMachine NOW in draft for to about 50 people who I personally know. 4. I interviewed and feature Jonathan Krohn as the 13 year old genius Small Business Man who wrote his own book and published it using his own savings account. He is featured prominently on local radio and TV shows, and is doing hardcopy book sale tours. He has NOT done Ebook. So he and I can promote each other. 5. ABC Bread Company and other coffee shops are EXCELLENT places for me to get visibility on rush hour mornings and DEMO both ElectronicNapkin and TeenMoneyMachine. Remember: I have my entire office and extended Monitors with me. 6. I have access to hundreds of men out of work or looking, or just plain unhappy (4 different groups) who can be commissioned salespersons for all my products and services. And start their own businesses using my technology and methods. 7. I must commercialize www.IseeStand.com now. I have eighth generation Magic Stick done now. And heavily the promote this Package Solution through advertisements, websites, my organizations, seminars, free demo DVDs, calling cards, Packaging, tours to colleges and schools, sales training centers, etc. I am visiting a friend Copywrite/Trademark Lawyer this week. Brad Crose 7. Bartering and Income ! 7.1. Introduction ! When you think about working for pay, how often do you restrict yourself to only thinking that pay comes in the form of green dollar bills? What if I told you that receiving VALUE in other forms can be much more valuable than receiving PAY. Why do I say this? It’s simple. If you get paid in cash, then you obviously get taxes withheld, you normally have to wait until pay day, and here comes the really SAD and BAD part. Now you take what is left over, your net income, and turn around and buy something NEW for full price. Now you pay sales tax again. And consider your time to go shopping, the cost of gas, wear and tear on your car, and the biggest KILLER of your dollar is answered by the question: What is your time worth? If you are shopping, you are not EARNING value, you are SPENDING it. ! So seriously consider building up your net worth in the form of measureable assets and bypassing all the middle men and the tax killers. So what is an asset? It is anything that has marketable or personal value. If you Date: 8/8/2011 8:54 AM Page 29 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com own it, you have positive net worth. So instead of asking for PAY for the services and products you deliver, seriously consider asking and receiving products and services in return. The following example will open up your eyes from a teenager prospective. ! A teenager offers to clear out a garage full of (you name it...), sort through contents with the owner/ customer, agree on value of items Teen wants (like electronics, sporting goods, bikes, games, CD's, furniture, etc) in exchange for moving good stuff to basement, sellable stuff to Ebay and split proceeds with Customer, and/or set out for charity pickup. It's all about a teenager negotiating for items of value to him and providing a needed service to his neighbors. There is also a huge potential that teenager could specialize in being THE 'Recycle' salesperson for slightly used Athletic Sporting gear, musical instruments, XBOX games, etc.... Let’s say the teenager finds an 8 year old used stereo that the customer has thrown away the last time he upgraded his sound system. Well that used stereo is just perfect for a teenagers bedroom or his rock-and-roll basement system. If the teen went out and bought the same gear for cash, he might spend $400 for that nice piece of sound. Instead, the teen spends maybe 2 hours of his time and gets the Stereo for his trouble. And because he over delivers and does more than expected, the customer offers and gives him some really nice mid range speakers that have a few dents and scratches. A win-win for all involved. You have just discovered BARTERING. ! 7.2. Definition of BARTERING: ! ! ! ! (Needs text here and more paragraphs) Contributing author is Elizabeth Carr. ! 4. Below are links to audio VoiceRecordings. My way of storing business ideas. Each is about 2 minutes long. I (yes I), will transcribe these into TEXT (the book), edit them, and eventually make some of them into HOW-TO Video (professionally done). I provide these to you as examples of the GREAT Teen jobs. Please give me feedback BEFORE I write extensively on these. I actually interviewed everyone on the snow Ski Lift last weekend and got GREAT ideas and FEEDBACK. Everywhere I go, I am SELLING idea, ASKING and LISTENING for ideas, and WRITING solutions down. ! Audio Files of Teen Ideas. !Make these into an AUDIO CD for car listening or download to IPOD. !! !! " KeithD_tmm Girl KeithD_tmm Soccer KeithD_tmm KeithD_tmm Guitar KeithD_tmm Teen KeithD_tmm Book Sport Biz ideas_2008_12_11.mp3 Equipment Biz.mp3 RemoteVideo PC Biz Idea_2008_12_02.mp3 Business.mp3 Safety in Biz_2008_12_11.mp3 Intro.mp3 " Date: 8/8/2011 8:54 AM " " " " Page 30 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8. Specific Teen Business Descriptions ! 8.1. JOB: Scan Business Cards for Fun and Profit 8.1.1. Watch Video of how this system works. ! Click here: http://TeenMM.com/v/ScanBizCards.wmv ! 8.1.2. Introduction ! Below is the www.NeatReceipts.com scanner. It is very portable, hooks up to laptops or PCs and does not require any power supply. It does OCR reading of Business Cards, Receipts, Business Documents, and Color prints (600 dpi) . For business cards, the software then can upload all the contact information into Outlook, then load into a BlackBerry, Cellphone, or other PDA. All done electronically. No typing in of Business cards. And for receipts, reads in all the information and places it into PDF files so business person can shred all the orginals (no more shoebox of paper at Tax time). The software also uploads all the Schedule C receipts to QuickBooks or to Excel Spreadsheet. Really COOL. Example: Teenagers could gather 200 to 300 biz cards from his neighbors, scan them (the device reads all the info), proof read the data, then give an Excel Spreadsheet back to the business man with his original biz cards, and could collect maybe $50 per hour for his time. ! ! ! 8.1.3. Equipment / Cost $150 to $220 for a NeatReceipts bar scanner, $460 to $525 for top of the line NeatDesk High Speed ! To Order a unit, visit www.NeatReceipts.com/products then Call 215-382-3300 ! 8.1.4. Demand: Huge/Unlimited How many people have hundreds and thousands of business cards stuck in their desk, briefcases, and shoeboxes? Date: 8/8/2011 8:54 AM Page 31 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! 8.1.5. Sales/Marketing Pitch: Teenagers gather 100 to 1000 biz cards from each of their neighbors scan them (the device reads all the info), proof read the data, then give an Excel Spreadsheet back to the business man with his original biz cards, and could collect maybe $50 per hour for his time. ! 8.1.6. Example: Collect Biz Cards ! The next door neighbor, John, is a professional salesman. He has collected 1,000 business cards from his clients over the past 2 years. When he remembers he needs to contact someone from a few months back, he has to go through stacks of cards looking for just the right one. He remembers the company name, but that’s it. It normally takes him 10 minutes to find that one business card. His next door teenager, Bobby, offers to scan in all his business cards for 25 cents apiece. It takes Bobby less than 15 seconds to electronically scan and proofread each card. In about 4 hours, Bobby has scanned all 1000 cards, created a spreadsheet of all the contact information, burned it to CD-ROM, and given the CD-ROM and original cards back to John. At 25 cents per card, Bobby has just earned $250 dollars cash for four hours work. This is a rate of $60 per hour cash. Not bad. If it took 1 minute to scan each card, he would still be making $15 per hour cash. With a $400 high speed scanner, business cards can be read at 10 per stack at rate of 25 per minute with a 90% accuracy rate (according to NeatReceipts.com Product Support group). An average of 20 per minute is 1,200 cards per hour. At 25 cents per card with no errors, that is income of over $250 per hour. Note: Proofreading of each scan would take about 5 seconds per card (overhead). So realistically, scanning would take 1 hour, proofing would take 1.5 hours, and final income at 25 cents a card would be about $52 per hour for the low speed scanner and $120/hour for the high speed scanner. This is actually scanning time. There is obviously more overhead to get the job, create the final output media, and deliver back to the customer. The per hour rates shown are JUST for the scanning of business card portion. ! ! John, the customer, can now load all this contact information into his Outlook Contact Email program, his BlackBerry, Cellphone, PDA, or his Customer Contact System. John can now throw away all of his 1,000 business cards. John is now so impressed that he refers 4 of his sales people to Bobby to provide the same service. Now John sees the value in scanning all the business cards for his entire company. He hires Bobby to come in to his office, install the machine, and cross train all the employees to manage their own cards. And PAYS BOBBY $150 for his service. MONEY AGAIN. ! 8.1.7. Biz Card Scanning How To Documents ! Date: 8/8/2011 8:54 AM Page 32 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com I felt it was important to create a deliverable package for the first obvious Teenager Job, Scanning Business Cards for others. So, I created a Pro-Forma (fancy for saying Revenue Model) and a few other Starter items that the Teens/Adults get when they buy the eBook. ! Deliverables through the TeenMoneyMachine.com Ebook are: 1. How to set it up. Training video (downloadable) 2. How to market yourself. Includes business card template & marketing flyer 3. Initial Customer Booking spreadsheet and financials.xls ! This shows that at certain rate of scanning and visually proofing business cards, a person can earn following using the entry level NeatReceipts Bar Code Scanner (cost $150 street price). These rates assume accuracy read rate of 90% with a visual proofing correction of average 5 seconds per card. ! Income rate is: $21/hour at 10 cents per card $52/hour at 25 cents a card $105/hour at 50 cents a card. ! Now the really shocking Math. If one purchases the high speed scanner for $400, the income revenue is: $48/hour at 10 cents per card $121/hour at 25 cents a card $243/hour at 50 cents a card ! Here are Embedded Support Documents. Just Click to bring them into view. 8.1.8. Revenue Model This is the Revenue model that automatically calculates above Revenue rate based on rate per business card, time to scan and proof a card. ! TeenMM.com/tmmBizCardCalculator.xls ! 8.1.9. Business Card Template ! This is a template for producing your own Business Cards. ! TeenMM.com/tmmSampleBizCard.doc ! 8.1.10.Customer Sign up and Collection Form ! This is a template for customer information when you get and deliver the deal. Date: 8/8/2011 8:54 AM Page 33 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com TeenMM.com/tmmSampleClientAccounts.doc ! ! I researched what people would pay to convert their business cards into OUTLOOK Contacts. I am getting value response of 10 to 50 cents per card. At 2 per minute (including proofing), that is range of $12/hour to $60/hour. With a high speed scanner (cost $500), reading rate is 10 per minute = max $150 to $180/hour (have to add in overhead of proofing if cards are not read 100% accuracy).! ! 8.2. JOB: Core Aerate yards with Powered machine 8.2.1. Equipment / Cost Rental $75/day or Used $500 to $1000. Use a Powered machine to pull core plugs of dirt from the yard. Done in Spring and Fall. Rental is $75/ day or buy a used one for about $500. Professional landscapers charge $100 to $150 per yard for this service. 8.2.2. Demand: Seasonal HUGE. Everyone with a house has a yard. Aeration also creates much stronger yard grass that needs less water and fertilizer because the roots are much stronger. ! 8.2.3. Sales/Marketing Pitch: For $75, teenager Aerates Yard. Teenager marks all your sprinklers, core aerate your yard, and sweep off the sidewalks. ! 8.2.4. Example: Author bought $500 yard aerator. Kids make $75 each yard every hour. Keith Duncan bought used working aerator for his teenage sons 8 years ago. At rate of $75 per yard that takes less than 1 hour, his kids easily bring home $500 cash under 7 hours of work. ! 8.2.5. Video of this Business. Click here to watch the Video off the website. TMMYardAerate2.wmv ! If you have Adobe Flash Player (or equal), Click here for Flash Video www.TeenMoneyMachine.com/uploads/TMMYardAerate.flv ! ! 8.2.6. Sample Marketing Flyer ! Here is a sample Marketing Flyer for Core Aerating Date: 8/8/2011 8:54 AM Page 34 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! TeenMM.com/tmmSampleMarketingFlyer.doc ! ! 8.3. JOB: Wash Neighbor Cars in THEIR driveways. Use their water. 8.3.1. Equipment / Cost $25 to $50 one time. Add Soap ! One long handled Car wash broom $20, one bucket $5, big bottle of car soap, one tire brush, 1 hose/ nozzle, lots of big clean towels. ! 8.3.2. Demand: HUGE and every WEEK. Everyone has a dirty car most of the time. The time to drive through a car wash is at least 15 minutes or more if there is a line ! 8.3.3. Sales/Marketing Pitch: For $10 per car, wash and dry a car in 10 minutes. ! The teenager says: Hi Bob (his neighbor), I’ll wash your car in your driveway every Sunday regardless if you are home or not. You can pay me up front for the month, or pay me with PayPal every Sunday afternoon. May I have your permission? Yes... Then sign this simple contract so we have an agreement. I guarantee my work. The cost is $10 per car every week. You don’t even have to be at home or awake. Here is my business card and some extras to give to your friends and neighbors in our neighborhood. And here is my business flyer and website address so you can check me out. If you don’t know me, I ask you call my parents at this number to confirm who I am. ! 8.3.4. Example: SPEED washing a car. It’s all in HOW. ! Wash your neighborhood cars every Sunday afternoon from 3 pm to 6 pm. How many folks that have decent cars or company cars think that a nice clean car improves their image every Monday morning? I would say you would be crazy to drive your car anywhere looking like you went off-roading at the mud hole over the weekend. So, here’s what you do. Arrange to wash a whole street of neighbor’s cars in their driveways on Sunday afternoon EVERY week of the year. You use their water and their hose. All they have to do is leave their car out in the driveway and you do everything else. You can even arrange to have them pay you using PAYPAL directly into your checking account at your bank. How easy can that be? ! Okay, now you are thinking: You absolutely HATE to wash cars. Maybe this is because when you HAD to wash your parent’s cars, it was a headache, a backache, and not worth the little $5 you got after an hour of work. Have you considered that you didn’t have THE SYSTEM. The answer is SPEED, not perfection. All you need is a long 6 foot handled car wash brush, a bottle of car soap, a bucket, and a few clean towels. Date: 8/8/2011 8:54 AM Page 35 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com With the long handled brush, you can easily wash an entire car from top to bottom in under 5 minutes. REALLY. The long brush means means you don’t have to reach very far from bucket to car. And cleaning a car is really all about LOTS of soapy clean water and a little surface friction. Old dirt will PEEL away. And since you are washing the car EVERY Sunday, you won’t have all that crap building up on your client’s car. ! Heck, Your customer will be so happy, he’ll pay you double to wash his wife’s car too. Double the money for one half the effort. He gets brownie points for taking care of his wife’s needs, and you get the cash. All for about 10 to 15 minutes effort per car, the customer is happy and you get RICH quick. Do the math now. If you can do 4 cars every 60 minutes for $10 each car, that’s $40 cash per hour. Can you get that at the local supermarket bagging groceries. I think not. So for 3 hours of work on Sunday afternoon, you get about $120 cash. At $7 /hour at your minimum wage, can you do the math and determine how many HARD hours you would have to work to earn the same amount of cash. And don’t forget about your travel time to and from work and the taxes Uncle Sam takes out. By the way, you STILL have to pay taxes on the money you earn so check with your parent’s accountant to play it safe. ! 8.3.5. Video of this Business. Click here to watch the Video off the website. www.TeenMoneyMachine.com/uploads/ TMMWashCarsSundays2.wmv ! If you have Adobe Flash Player (or equal), Click here for Flash Video www.TeenMoneyMachine.com/uploads/TMMWashCarsSundays.flv ! ! 8.4. JOB: Pressure Wash Decks, Driveways, Sidewalks. ! 8.4.1. Equipment / Cost Rent or Borrow pressure washer ! ! Easy, Go rent a pressure washer, get your dad to buy one, or borrow one from your neighbor in exchange for doing his driveway for free. Purchase price as low as $200, or rent one for $50 for the day. 8.4.2. Demand: Always. ! ! Everyone with a house with a concrete driveway. Most homes have decks and sidewalks. Many have curbing and brick walks. Date: 8/8/2011 8:54 AM Page 36 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.4.3. Sales/Marketing Pitch: For $20 to $30 per hour, clean anything the customer wants. ! ! Teen could also charge by the square foot. Note that concrete takes 5 times longer to clean than wood decks, so price accordingly. 8.4.4. Example: Obvious. ! ! ! 8.5. JOB: Neighborhood Concierge Service. ! 8.5.1. Equipment / Cost None. Just need a cell phone with IM capability ! 8.5.2. Demand: High. ! 8.5.3. Sales/Marketing Pitch: ! ! How many of you buy the same grocery staples every week? If you have kids and a busy schedule, how long does it take you to go to the grocery store and restock your refrigerator and pantry? Maybe an hour if you can find the time? Just what is your time worth? ! 8.5.4. Example: ! Just call or IM your local teenager during the day with your shopping list. The (driving) teenager leaves school around 4 pm, sees the shopping list request on their cell phone, calls the customer to confirm the order and runs by the grocery store on their way home (your neighborhood) for 15 minutes of speed shopping. Teenager uses their own credit card (or cash) to pay for the goods. Upon delivery, customer gets receipt, pays with cash, check, or PayPal with a $10 service fee for teenagers 15 minutes of time. If the teenager has multiple clients, they make one trip to the grocery store and deliver 3 to 6 households on their street in one trip. ! ! 8.6. JOB: Setup the ElectronicNapkin.com Webcam System ! Date: 8/8/2011 8:54 AM Page 37 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.6.1. Introduction ! With a few simple software and hardware parts, set up the ultimate Overhead Projector for under $150. Your customer pays for the kit. You install and test it. Then you train your customer how to use it. 8.6.2. Equipment / Cost About $150 base cost. ! ! • • • $70 to $100 for Logitech Pro 9000 web camera. Readily available at stores and off Internet. $25 Keith Duncan’s Magic Stick at www.ElectronicNapkin.com $50 Software obtained through www.ElectronicNapkin.com includes White Paper description and video on how to set up and use this great device. 8.6.3. Demand: HUGE. ! Everyone can use one of these on each of their home computers, their laptops, and their office computers. ! 8.6.4. Sales/Marketing Pitch: For cost of hardware/software plus $50 labor ! Teenager will setup this system, test everything and train the customer how to use. Note: this system is so powerful and versatile, you will want to purchase Keith Duncan’s Additional ElectronicNapkin.com training and use kit for your customers. ! 8.6.5. Example: Download the White Paper on ElectronicNapkin.com ! Click here to get all the information you need to sell and use this device. www.boasos.com/uploads/WebcamMindMapTeachConcept.pdf ! Here is Electronic Napkin running a webcam through a laptop to an Extended monitor. Notice the size of the ink pen under the camera. Can you image how many different objects and paperwork could be placed under the camera and projected to PC monitors, TV screens, LCD projectors, or even across the web to a remote customer? The possibilities are endless and only limited by your imagination. ! Date: 8/8/2011 8:54 AM Page 38 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! ! 8.6.6. Watch Video ! Note: The following video clip was designed for Counselors and Therapists who work with families and Teens. This is just one example of how effective Visual Imagery can be used to SEE conversations. Just pay attention to how a webcam is used to PROJECT and SHOW conversations. ! Click Here to watch to video ! ! http://TeenMM.com/DualWebCamMMb.wmv Another really great demonstration video is: http://TeenMM.com/WebcamMindMapHowTo.wmv 8.6.7. Marketing Questions to sell ELECTRONIC NAPKIN -taglines ! 1.How many times do you think great businesses and inventions start on the back of a restaurant napkin? ! 2.How often do you get brilliant ideas in the strangest places? Do you record them so you don't lose those brainstorms? Do you regularly use a digital voice recorder or write your ideas down? How many times have you scribbled down a great idea only to lose focus and the paper 2 hours later? What happened?? Why are you not focused? Introducing the Electronic Napkin. Now with just a little technical gadget, you can record those money making ideas and share them visually with everyone around you. ! Date: 8/8/2011 8:54 AM Page 39 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! 8.7. JOB: Hook up Home Living Room Electronics –TV, Stereo, Players, GameBoxes, Speakers ! 8.7.1. Introduction ! How many of you have a living room full of electronics such as TVs, stereos, DVD players, CD-Players, VCR decks, record players, Xbox 360, PlayStation, WII, and the list goes on and on. And how many of you spent a small fortune buying those really nice speakers and having someone run those wires all over the place. Now the million dollar question. Are all of your electronics hooked up so they work like a symphony with you being the conductor? Or do you have to scramble around the couch and find all the individual remotes and turn one item on at a time. And how many of you just listen to the sound coming out of those pitiful built-in TV speakers that couldn’t wake a baby up if you turned the volume all the way up during a World War II battle movie. So now, just say goodby to that mess of wires in the back of your stereo cabinet. Hire your local neighborhood teenager to hook up your entire portfolio of electronic equipment the right way using the right wires. The Teen will even trace all those speaker wires for positive and ground and label them for you with a full schematic in case you have to unhook something. Have you ever fumbled around in the back of your stereo unit hoping you are plugging the right wire into the correct hole? Or hit every button on your remote just hoping you get the sound to come on. ! 8.7.2. ! 1. 2. 3. 4. 5. 6. Equipment / Cost Minimum tools –one time cost Wire cutters and crimper $5 Volt meter $20 Label maker $20. Or buy prelabels pack from CrutchFields.com Assorted spare hook-up wires. Note: You will accumulate more than you want after a few jobs. Pliers and assortment of screwdrivers Optional –Solder gun, ! 8.7.3. Demand: Almost every home is NOT hooked up correctly. ! 8.7.4. Sales/Marketing Pitch: Do you listen to your TV through your stereo system? ! Date: 8/8/2011 8:54 AM Page 40 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Hi, I’m Don (or Marcy) your neighborhood home electronics geek. I am an expert at hooking up your stereo equipment in your living room so that everything works together. For example, if you have a nice stereo system, do you listen to your TV through your surround sound speakers? Did you know that most stereo receivers should be used to switch and guide all your audio and video just like a Central Station? If yes to any of these questions, can I take a look at your system and give you a quote for professionally hooking everything up with the right cables? ! For (Market Value) or approximately $50 per job or $20 per hour, teenager will pull everything out of your stereo cabinet, design a wiring diagram on paper for you, ring out all your speakers for positive and ground wires, choose the best wiring types and length for the best sound and video performance, and hook everything up. As a bonus, teen will label all your wires so you KNOW what every wire does. ! 8.7.5. Example: ! Mary is a housewife who spends a lot of time in her living room during the day. She is constantly frustrated with not being able to control the $3,000 worth of electronics her husband has accumulated over the years. And heaven forbid ifMary wants to listen to her FM radio and then quickly flip over to watch her favorite soap operas. Her next door neighbor teenager has been going around the block on Sunday afternoons to people that their parents know well. The teen is coming in, evaluating the wiring mess in living rooms, and quickly hooking up all the right wires so everything works together. For about $25 to $50, the teen writes out a contract, reads the owner manual for each device, and cleans up the wiring mess, Now all the wiring mess is gone and all the TV , stereo components, games, DVD/ VCR players work flawlessly. In fact, the teenager ever recommended using the much better audio / video cables that transmit the best signal quality between all the devices. As a bonus, the teenager even left a custom how-to document telling which remote to use and what button controls each device. 8.7.6. Watch Video ! TeenMM.com/TMMHookUpHomeSystem.wmv Hook up BIG LCD TV’s to Computers and programming remotes. ! TeenMM.com/TMMHookUpFlatPanelTV.wmv Hook up Flat Panel TV Intro. ! TeenMM.com//TMMKeithHavingFunGuru.wmv Intro Keith Having Fun. Date: 8/8/2011 8:54 AM Page 41 ! of 60 ! Turn Your Teen Into a Money Machine © ™ ! www.TeenMoneyMachine.com ! 8.8. JOB: Use your big LCD TV as a Computer Monitor ! 8.8.1. Introduction ! How many of you have a newer flat screen TV, and LCD projector, or any of the new high definition TVs. Did you know that almost everyone of them can be used as a giant Computer Monitor? In my home, I use my Sony 60” LCD Projection TV as a computer monitor. I can sit in my rocking chair in the living room using my Laptop or an old PC. The computer has a transmitter for talking to my remote wireless BlueTooth keyboard and mouse. I can surf the internet, do my email, and conduct business right from the comfort of my home. I can even hold telephone conversations over the internet with a headset or my Bluetooth headset from my cell phone. And I can do all this sitting in my sweat pants with my bunny slippers on my feet and my Golden Retriever next to me. My commute to my remote office everyday is about 60 feet from my bedroom and 20 feet from the kitchen. Life doesn’t get much better than that. So if you don’t have the computer and wiring knowledge to make the hookup, hire a teenager to do the job. If you don’t have a laptop, I bet you can get a slightly used computer from your office or a neighbor either for free or less than a hundred dollars. ! Get any old PC, even from goodwill or throwaways from friends, neighbors, business associates. For ANY of the flat screen or projection TVs, Determine if TV is the old 480, 720p, or 1080p level of resolution. ! Then add the following: The best cable between the PC and the TV. Choices in order of quality preference are: 1. HDMI 2. DVI 3. VGA ! If your TV supports HDMI, consider adding a High Resolution HDMI video card for around $80 to $150 for stunning High Definition video and sound. ! Don’t forget that you can also run your PC/Laptop sound through your awesome stereo sound system. Buy the correct cable of appropriate length. You will need a 5mm plug on one end and 2 RCA connectors (White and Red) on the other to hook into your stereo system. If you need more than 6 feet, use heavier audio wire such as 18 gauge that is good for about 25 feet of good audio signal level. ! 8.8.2. Equipment / Cost ! Date: 8/8/2011 8:54 AM Cabling at cost. Page 42 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com See cabling choices above. Your customer can either buy the cables or you supply them from your small inventory you keep on hand. There are not that many choices. Only option might be the length of cable needed. ! 8.8.3. Demand: Huge. Anyone who has a newer digital TV. ! 8.8.4. Sales/Marketing Pitch: ! Hi, my name is Judy. I’m the 17 year old teenage girl who lives 2 blocks down the street. My parents know you from the neighborhood association and they told me you just got a new High Definition TV for Christmas. May I ask if you also have laptops or computers in your home? If yes, did you know you can use your new TV as a huge computer monitor? I’ve been trained to provide this service in my spare time to people I know. I’ll be glad to take a look at your TV and give you a quote for hooking up your PC/laptop. I have done this for 10 of your neighbors and they absolutely love the convenience of computing from their rocking chair in their living room or on their kitchen counter. You know, you can also use that nice new 30” LCD TV in your kitchen for checking email and surfing the web for the latest recipe. I actually happen to have all the cabling you might need with me. And when I’m done, I’ll train you how to switch the TV between cable mode and PC mode. It’s actually quite simple once you set your remote up and reprogram a few things on your TV. I can do all of this for you in about 30 minutes. If yes, would this be worth $30 to you and your family? Just thing, you can monitor your kid doing his homework in the kitchen now because you can see where they are going on the web. Homework on the kitchen counter never looked so good as now. 8.8.5. Example: See above. ! 8.8.6. Watch Video TeenMoneyMachine.com/uploads/t3WorkStns.rm ! 8.9. JOB: Backup data and address books on CellPhones, BlackBerrys, and PDAs. 8.9.1. Introduction ! How many times have you personally lost data on your Blackberry or PDA? Usually your handheld device got damaged somehow, fell in the toilet, just up and died, got stolen, or you just lost it. Did you swear that this would never happen to you again? So what would it take for you to start backing up your own device. Probably an act of God would be helpful. Short of that, how about if your neighborhood teenager did your backup for you every two weeks and gave you a CD with all your data Date: 8/8/2011 8:54 AM Page 43 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com on it. The teenager will come by your home on Sunday afternoon while you watch your Football game, back up your handheld either from his own laptop at your kitchen counter, on your own computer, or take it back to his home for 30 minutes and be back before the halftime show. Would this be worth $10 every 2 weeks for this service?? Or more?? How many hours would it take you to manually key back in all that data even if you had a hardcopy listing of your entries carefully printed out once a month. I recently heard a guy say it took him 9 hours to re-enter all his data into his BlackBerry that died. The phone store couldn’t get any data off his original unit. He said he lost thousands of dollar of information and an entire day of frustration. The guy said he would easily pay a teenager $30 a month to make sure his BlackBerry was backed up. Heck, he said he would pay the teenger DOUBLE to restore the data if his handheld ever did truly die. ! 8.10.Equipment/Cost Ridiculously low to nothing. ! All you need is a PC, a cable, and the software download package available off the internet (normally free or you get the Install CD from your customer. 8.11. Demand: Everyone who carries a PDA. ! 8.11.1.Sales/Marketing Pitch: Easy. Ask if they backup monthly. ! Hi, my name is Mary, I live 4 doors down from you. My parents know you well. Do you carry a BlackBerry or PDA? If yes, do you back it up on a regular schedule in case you might lose your phone and address data? I keep hearing about all the folks who have damaged phones or drop them accidently. We know of at least 3 dogs in our neighborhood who have an appetite for those little BlackBerrys. We know of one dog that attacks the Blackberry every time it beeps and vibrates. My weekend business provides this service at your convenience to guarrentee you will never loose your data from the last time your handheld is backed up. 8.11.2.Example: Coming: 8.11.3.Watch Video Coming: ! 8.12.JOB: Create Websites for Others 8.12.1.Introduction ! To Parents: Did you ever want to have your own website where you could promote your business, your club, your neighborhood association, your hobby, or your personal life? For a charge of about $10 per year for Date: 8/8/2011 8:54 AM Page 44 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com the domain name, about $10 per month website hosting fee, and the setup fee you pay a teenager, you can have your own website with anything and everything you want to put on your website. You can even pay the teenager to manage the contents of the website whenever you want to change the website pages. ! 8.12.2.Equipment / Cost Just need a PC and an Internet connection. ! 8.12.3.Demand: Very high. Most everyone wants to be noticed. ! 8.12.4.Sales/Marketing Pitch: ! Hi, I’m Jeff. I live in the neighborhood behind you. Your Mom knows my Mom and said you have a at home business quilting custom bedcovers for your friends and neighbors. Would you be interested in me helping you set up your very own website where you can post pictures and videos of you and your quiltwork for your potential customers to see your work? It costs me about $10 to register the website name of your choice for one year, and about $10 per month hosting fee to get you on the web. My service is about $25 per website page and I’ll even teach you to take photographs of your quilts and upload them to your website for free. If my fee is too high, I would be most happy to help you clean out your garage in exchange for the set of Hockey gear that your older son accumulated 5 years ago. It may not have value to you now, but I would have to pay about $400 to get the same equipment new at the Sporting Goods store. Would this be agreeable to you? 8.12.5.Example: Coming: 8.12.6.Watch Video Coming: ! 8.13.JOB: Create Personal and Business Cards, and Flyers for others 8.13.1.Introduction ! How many of you would love to have your own custom Personal calling cards. How about hiring a teenager that is good with a camera and artwork to custom design a personal calling card with you. The teenager could even take a photograph of you, your home, your prize possession, your dog, or anything that uniquely says ‘IT’S YOU’. Then the Teenager creates a custom designed calling card to your specifications and approval. The teen then gives you the final softcopy image of the card, or they order the cards for you over the internet. You pay the teen through PayPal or with a check with the cards arrive in your mailbox. Date: 8/8/2011 8:54 AM Page 45 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.13.2.Equipment / Cost -None. ! 8.13.3.Demand: High. Everyone likes to be in touch with new friends. ! What better way to make new friends than to have a small stash of personal calling cards sitting in your purse or wallet. When ever you have a good conversation or want to help someone, just pull out one of your personal calling cards, write a note on the front, give to the person, and make a commitment to follow-up by a certain date. 8.13.4.Sales/Marketing Pitch: ! How would you like me (teenager) to create a custom calling card for your personal or business use. How many times have you been out in a crowd and had nothing to write a note on to give to a new friend or business connection. ! The second situation is how many times does your kid meet new people and doesn’t remember their name for more than a few minutes. How many parents meet your kid and never learn your kid’s first name and where they live. What if the teenager passes out his personal calling card to people he meets? Doesn’t this strongly encourage the neighborhood to know folks by their first name? And heaven forbid, wouldn’t it be nice if neighborhood parents learn which kids go in which houses. Don’t you think some of the annoying behavior in some areas would go away if the parents interact by first name with the kids on their block. Do you think a kid is going to be mischievous if the next door parent knows him by first name. Better yet, now that kids are learning to interact with many parents throughout their community, doesn’t that open up future doors of opportunities for each teen as they start getting first hand experience with lawyers, doctors, business owners, and corporate executives. And give credit to all the first hand knowledge they can get from the trades people who live next door to them. Doesn’t this open up doors of job opportunities for later? ! 8.13.5.Example: ! My two sons have had their very own personal calling cards since they were 12 years old. It impresses the ladies when they pull out a personal card with their home address and their cell number, write a personal message on the back of the card and hand it to a new acquaintance. It sure beats writing their phone number on the back of someone’s hand. 8.13.6.Read the White Paper on Business Cards. www.TeenMoneyMachine.com/uploads/BizCardtips2.pdf ! ! Date: 8/8/2011 8:54 AM Page 46 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.14.JOB: Build Audio/Visual Studio to make money producing Content. 8.14.1.Introduction ! How many parents have digital photo cameras and video cameras. How many photos and movies have you taken over the years and never done anything with all those family snapshots and videos. How about hiring a teenager to organize all your photos and movies onto a set of DVDs once and for all. Then you can recycle all those old tapes. Even better, have the teenager load all your home and trip movies onto one of the new external hard disks called PassPorts that hold days worth of video footage and thousands of photographs. Then you can hook the external hard disk to your home office computer and pull up your video and photographs at any time from any computer or laptop in your home. 8.14.2.Equipment / Cost none except a PC. Just need a decent PC to process the video. 8.14.3.Demand: High. Ask how many digital photos and home movies you own. 8.14.4.Sales/Marketing Pitch: ! For a flat fee of $20 per hour of home movies you give to me, I will be most happy to transfer all your home movies over to DVD for you. If you don’t want to collect more DVDs that you might never watch, I can also buy you an external disk drive for about $150 and put all your digital photographs and videos on this harddisk for you. That way you can search for any of your shots at any time from your computer, print them on demand, and enjoy slideshows on your computer monitor. When is a good time for us to take a look at your home collection so you can decide what videos and photographs are really important to you? I can do this work for you over a weekend. ! 8.14.5.Example: ! We have at least 120 videos of trips and special events we have video taped over the past 10 years. So what happens to my videos? As soon as possible (like in days), I move everything over to my PC, process the video files with my video editor and either burn the home movie to DVD, or better yet, store it on my hard disk on my home PC. Then, using the home computer network, I can now stream all my digital photos and movies to any PC in the house. And with my laptops and computers hooked up to my big screen LCD TVs, I can run slideshows as screen saves on my big TVs whenever I’m not watching TV. It’s great to listen to nice background music and see photographs of my family and friends cycling over my 60 inch LCD TV in my great room. ! Date: 8/8/2011 8:54 AM Page 47 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com Note to Teenager: Since you really don’t care to sit around and watch each hour of someone else’s home movies, all you have to do is plug their video camera into our computer, load the download software, press a button, and let the computer do all the work while you go off and do something else. At the end of every hour or so, you just plug in the next tape and suck off the videos to your PC. Then when you have all the video loaded you just run the Make DVD software, burn their DVDs and then deliver everything back to your customer. So for about 2 hours of actual work processing 10 hours of their videos, you get about $120. Not bad return for letting your computer do the work for you. ! 8.14.6.Watch Video ! Coming: ! 8.15.JOB: Programming electronics for your neighbors 8.15.1.Introduction ! How many parents do you know that have new cellphones, BlackBerrys, and PDAs and don’t have a clue how to use them effectively. Do you truly have the time to read the 200 page mini manual and step through every page learning what button does what? Instead, how about hiring your local teenager that has the same cell phone to train you on JUST what you need, nothing more and nothing less. Don’t you know the teenager spends most of their day fiquring out the fastest way to send instant messages, check voicemail, surf the web, look at stock prices (just kidding here), and buying stuff off EBAY. Why not spend $20 for a valuable hour of your time and get someone other’s teenager to show you the tricks of the trade. For the teenagers, would you be interested in earning $20 to $40 per hour doing what you already know what to do: Using your cell phone, PDA, IPOD, ITune, or BlackBerry. What could be better than learning new applications while earning money at the same time. It’s a no brainer. ! 8.15.2.Equipment / Cost ! None. Unless teenager likes to read a lot, it helps if teenager already has a similar cellphone, PDA, or electronic device to their customer. 8.15.3.Demand: Huge. ! And constantly changing everytime a parent gets a new cell phone or electronic device. Date: 8/8/2011 8:54 AM Page 48 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.15.4.Sales/Marketing Pitch: ! For $ __ per job, teenager will 8.15.5.Example: ! 8.15.6.Watch Video ! 8.16.JOB: Coaching Sports for your neighborhood kids. 8.16.1.Introduction ! This is a HUGE market. How many of your teenagers are really good at a particular sport? If they are like most kids, they spend 5 to 10 years concentrating on just one really interesting sport. They pour their hearts out and empty your wallet supporting their sport. Do you feel like an Athetic Supporter. 8.16.2.Equipment / Cost ! Zero. 8.16.3.Demand: Do you have kids who play sports? Answer: Probably yes. ! KEITH’S NOTE: Insert a HUGE list of coachable sports here. ! Sport Age Group Skill Level Hourly Rate ! 8.16.4.Sales/Marketing Pitch: ! ! For $ __ per job, teenager will Date: 8/8/2011 8:54 AM Page 49 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.16.5.Example: ! 8.16.6.Watch Video ! ! 8.17.JOB: Tutoring other Students with ElectronicNapkin.com ! 8.17.1.Introduction ! Tutoring a school subject is a high demand business. How much time and money do most parents spend on ensuring their children get good grades and stay ahead of their subject matter. Do you know how expensive a tutor can be on a weekly schedule. Here’s a business any teenager can set up and provide one of the most valuable services known to man. That business is teaching what they already know. And with this business model, the tutoring can safely be performed in any age and gender combination without the parents physically present during the study session. The example below is of a 17 year old boy tutoring a 13 year old girl without any intervention or monitoring by the parents. In most situations, this would absolutely never be allowed to happen. The solution is remote tutoring from the safety and comfort of both the tutor and the client’s homes. The only cultural danger is mixing genders of huge age difference in unmonitored situations. If you remove the issue of being in the same room, this is no longer an issue in any form or manner. ! 8.17.2.Equipment / Cost $0 or an ElectronicNapkin.com system. ! 8.17.3.Demand: Every kid benefits from tutoring sometime. ! 8.17.4.Sales/Marketing Pitch: ! For agreed upon value per hour, the student Tutor will coaches their client, another student. After each session, the parent and their child agree if the tutor performed the service for the agreed upon amount. If yes, then parent pays the tutor using PayPal over the internet. There is never a physical interaction between the parent/client and the tutor. Everything is done over the phone(Talk) and the internet (SKYPE/Video, marketing website, emails, and Paypal) Date: 8/8/2011 8:54 AM Page 50 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! 8.17.5.Example: Remote Tutoring. ! How many teenagers are really good in at least one school subject? Do you realize you can make immediate money with that one skill. Let’s say you are really good at math because you like numbers and solving logical problems. You are smart enough to know that being smart is what makes you valuable. Here is what you can do with minimum effort. Set up an www.ElectronicNapkin.com system for yourself. You can put the basic equipment on your own laptop or your parent’s home computer. Set up something like a www.SKYPE.com account. Then go find students in your neighborhood or community that need help with tutoring. Do you realize that professional tutors charge $25 to $75 per hour for helping students with basic subjects? If you charge 2/3 of that rate and deliver better than the semi-professional instructors, the parents will flock to your door. And here is the best part. Think about how much time and effort it takes to get the professional tutor and the student in the same room. One of them has to travel. And often it’s the parent who must take off time from work, drive home, drive their kid to the tutor, wait around, and transport the kid home. Then repeat the cycle every week. Can you image the expense of time of the parent. If the parent is earning $30 per hour at their job, and are spending 3 hours a week getting their kid tutored, and also paying $50 per hour for the tutor, then the REAL expense of tutoring is $140 every week if you do the math. So instead, you the teenager charge $40 per hour for tutoring a subject you know inside and out. You tutor students that are your age or up to 5 years younger than you. And you do most of your tutoring remotely. ! Let’s say you are a whiz kid teenage boy, age 17. With ElectronicNapkin, you can safely tutor a 14 year old girl remotely in your community without ever being in the same room with them. Both you and the 14 year old girl are talking over the phone while using SKYPE and ElectronicNapkin to SEE the math problems and work through the girls homework book. If the girl also has ElectronicNapkin, they BOTH of you can be writing down the problems and solutions with each other because you are video conferencing two ways. The girl puts her math text book under her webcam and the tutor sees the description of the math problem. The tutor then draws out the math problem under his camera and the girl sees what the tutor is talking about. Then BOTH the tutor and student solve the problem together. Because of ElectronicNapkin.com, they both SEE the problem being solved on paper in real-time. ! 8.17.6.Watch Video ! 8.18.JOB: Set up Remote WebCams ! 8.18.1.Introduction ! Date: 8/8/2011 8:54 AM Page 51 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com How many of you have decent flat screen TV’s throughout your home or apartment? If you are slightly aware of the input and output ports on these TVs, you quickly notice all the extra little connection ports. Typically you will now see HDMI, DVI, VGA, Component Video, S-Video, Optical Audio, RCA audio, and the standard Cable TV plugs. ! Now consider that most homes are now wired for computer networks. If you don’t have Ethernet CAT-5 cables everywhere, then you probably at least have a wireless Internet router. And if you have a laptop or an older Personal Computer laying around somewhere, you are now in for a treat beyond imagination. ! So here is the business. Go buy a decent webcam from your local store. Then hook up the new LCD TV to the laptop or the PC. Then hook up for internet access. Hook up the webcam to the PC or laptop. Now load one of the free Internet/Video Calling programs such as SKYPE.com or MSN Messenger, or Yahoo Video, or DELL Online Video. Then you create a login account name of your choice. ! Here is the fun part. You can setup SKYPE to automatically answer an incoming internet SKYPE call, turn the webcam on and be able to remotely see and hear what is happening in that room. In my home, I have three extra PC’s hooked up around the house with webcams. I can be on my laptop in another city and use SKYPE to call in to my home and dynamically see and hear what is happening in those rooms. ! Now consider the following benefit. Let’s say there is a grandmother, age 80, who lives across town or in another city. The 50 year old son decides it would be great to check in on his aged mother during the day from his office desk. Now of course, he doesn’t want to be calling her on the phone during the day and possibly waking her up and disturbing her. Now he can have a teenager set up a webcam on his Mom’s old PC and the son can now call up his mother’s PC and TV combination in her kitchen anytime during the day. The SKYPE can be set up to automatically answer the incoming call from trusted callers. Now the son can check in on his Mom during the day. If his Mom happens to be in the kitchen, the son can now have a short video conversation with his Mom without Mom having pick up the phone or do anything. Watch the video to see the end result of this amazing setup. And the best part is that if you already have internet service, the only cost is adding a webcam. ! Scenerio #2. Let’s say a parent has a herd of teenagers that are latch-key kids. This means that both parents work and their teenagers come home every day from school around 3 pm. The parents don’t come home until around 6 pm. With the above webcam setup, the parents can call into their home at any time and instantly watch what is going on in their kitchen, office, or living room. Even if the kids are not in the same room as the webcam, I find it easy to see if their book bags are on the kitchen counter, if the dog is still sleeping, if the garage entry door is left open, or a range of things I can see and hear through my remote webcam. 8.18.2.Equipment / Cost ! 1. Typical cost is the webcam for $35 low end to high end of $100. If you don’t have extra PCs, ask your neighbors for their older ones they no longer use. Recycle is the key word here. Date: 8/8/2011 8:54 AM Page 52 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 2. You probably need a video and audio cable to hook PC up to the extended monitor (the flat screen TV). Just remember that your customer/client will foot the bill for any cabling or equipment you provide. Your business is providing the knowledge, basic tools, and the required connections to set up their system. ! 8.18.3.Demand: High. ! With the recent conversion of the TV signals to all digital, many people are upgrading to the newer flat screen TV’s instead of buying the converter boxes. ! 8.18.4.Sales/Marketing Pitch: Offer to set up Video Calling on home PCs and TVs. ! It’s quite simple. The teenager can take his portable laptop around his neighborhood, hook into the customers Internet jack (or sniff his WiFi signal with permission), and make a demonstration video call from his laptop back to his own home or to a friends home. This will sell the idea by showing the customer what is possible with simple technology. ! 8.18.5.Example: ! ! 8.18.6.Watch Video ! ( Coming) ! ! 8.19.JOB: Build Workshop Benches ! 8.19.1.Introduction ! Date: 8/8/2011 8:54 AM Page 53 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.19.2.Equipment / Cost ! 8.19.3.Demand: ! 8.19.4.Sales/Marketing Pitch: For $ __ per job, teenager will ! 8.19.5.Example: ! 8.19.6.Watch Video ! ! ! 8.20.JOB: Buy and Mount pre-built storage shelving and racks. ! 8.20.1.Introduction ! 8.20.2.Equipment / Cost ! 8.20.3.Demand: ! 8.20.4.Sales/Marketing Pitch: For $ __ per job, teenager will ! 8.20.5.Example: ! 8.20.6.Watch Video ! ! Date: 8/8/2011 8:54 AM Page 54 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.21.JOB: Mount convenience shelving and storage systems around home. ! 8.21.1.Introduction ! 8.21.2.Equipment / Cost ! 8.21.3.Demand: ! 8.21.4.Sales/Marketing Pitch: For $ __ per job, teenager will ! 8.21.5.Example: ! 8.21.6.Watch Video ! ! ! 8.22.JOB: Clean out kitchen JUNK drawers. ! 8.22.1.Introduction ! Think about how much junk accumulates in our kitchen drawers. This is a BUSINESS opportunity. A teenager can make exceptionally good money helping organize a person’s kitchen drawers. If you have a household like mine, you have at least two or three drawers where you gently deposit all your unvaluables. Yes, Un-valuables. If the deposits had any decent value, you would carefully pack these away in safer places. So what happens when you go to find that little gizmo or widget that you dropped into some kitchen drawer three years ago? You end up searching forever until you find that special little screw or fastener. ! 8.22.2.Equipment / Cost ! Date: 8/8/2011 8:54 AM Cost of storage containers. Page 55 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com For the re-imburseable cost of a set of storage and compartmentized storage trays, a teenager goes around his neighborhood and offers to sort through and organize the drawer full of junk mixed in with all the good stuff the homeowner needs to find on demand. ! 8.22.3.Demand: Every house has a junk drawer. Or many. ! ! Trust me on this. Every house has a set of drawers in the kitchen and telephone counter where stuff gets dumped. Just go take a tour of your own kitchen. And for some of us, go take a tour of your home office and see how quickly you can find that elusive piece of paper you only look for at tax time. ! ! 8.22.4.Sales/Marketing Pitch: For $ 20 per hour, teenager will organizes junk drawers. ! ! 8.22.5.Example: (coming). ! 8.22.6.Watch Video (coming). ! 8.23.JOB: Labeling Valuables in homes. ! 8.23.1.Introduction ! How many items are in your home that are unidentified? If you open the drawer under the telephone counter, how many cell phone and gadget chargers do you find buried in what looks like a rat’s nest. Now consider all the valuable items that you carry in and out of your house every day. Start with those expensive eyeglasses, sunglasses, cameras, Ipods, cellphones, CDs, briefcases, luggage, laptops, video cameras, book bags, ! Date: 8/8/2011 8:54 AM Page 56 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 8.23.2.Equipment / Cost ! ! 1. Cost of a label maker. 2. A few good quality permanent magic markers, 3. A pre-printed sheet of labels made up just for that customer. 8.23.3.Demand: High for disorganized clients. ! 8.23.4.Sales/Marketing Pitch: For $ 15 per hour, teenager will labels valuables. ! 8.23.5.Example: (coming). ! 8.23.6.Watch Video (coming). ! ! 9. OLD WRITE-UP from TEENSBO.com ! 9.1. START-UP PLANS ! 9.1.1. For Individual Teens to Start a Business. ! 9.1.1.1.OFFERED PACKAGE #1 -Entry Level. 1. TeenSBO staff phone interviews teen client. Goes though questions concerning existing skills, talents, and interests of client. 2. Picks a few possible business ideas. 3. Ask questions about available resources to support each of the business ideas. Is equipment, product, services, and other resources already available, could be borrowed / rented /purchased (new or used). Date: 8/8/2011 8:54 AM Page 57 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 4. If business cards are needed, go through examples of existing cards as well as layout suggestions on content, format, colors, brand logo, photo graphs, layouts. Keith has a good write-up on professional business card content. 5. If website is economically feasible and will contribute to marketplace or commerce exposure, go through possible website content and design. Hand off to someone experienced in websites. Show examples. Discuss and document needs and goals of website. Discuss and document the budget line item for website design and ongoing hosting costs. 6. If flyers or brochures feasible, go through evaluation steps (similar to above). TeenSBO video production staff may offer to create marketing video clip (UTUBE style). 7. Identify target marketplace clients. 8. Identify and start consulting with your own Board of Advisors. This can be parents, adult friends of the family, relatives, and others. The best Advisors are ones who know you and are familiar with the type of business you are considering. Use BOA (Board of Advisors) as a sounding board as well as idea generator. 9. Identify best way to reach target clients. Document it. 10. Write quick business plan on expectations, mission statement, and financial planning. Share other similar business plans for ideas. Hand off to financial and business planning person if needed. 11. If testing marketplace is feasible, DO IT. 12. If start-up funding is needed, write a quick justification and revenue/liability projection. 13. Start the business as soon as possible with available resources. Limit investment amount until proof of business concept is shown. Reason: Business focus can change rapidly as client tests his service and products in real world. Be prepared to modify your business model as necessary. 14. Set up record keeping as soon as possible. Record all expenses, revenues, equipment and product counts (acquired and sold). Have a financial person oversee set up and monitoring of your numbers to ensure proper accounting practices are followed. ! ! 10. TEAM MEMBERS and RESOURCES So far, Keith Duncan is a OMS – One Man Show. [email protected] Team members may join my group by emailing : 10.1.Who Is Author: Keith Duncan. [email protected] ! All Rights Reserved. TeenMoneyMachine Resident of State of Georgia. His Parent Company name is www.BuiltByKeith.com Email [email protected] Keith’s Patent Pending product is www.IseeStand.com and soon: www.IseeSmartPhoneHolder.com Here is a list of Keith Duncan’s Active Organizations and Participation. Please note that I am not tooting my own horn. I am one of the most conservative and thoughtful gentleman you will ever know. I DID believe it was important to show my community and business activities so all readers are aware that I am not the money hungry and dominating personality type. I assure you that my heart is in developing systems for individuals, groups, and corporations that truly enhance our day to day enjoyment of life. Date: 8/8/2011 8:54 AM Page 58 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com ! 10.1.1.Keith Duncan, Norcross Georgia - Adult Credentials. ! 1. Active vendor member of National Speakers Associaton –Georgia Chapter www.NSAGeorgia.org 2. Vice President of Inventors Association of Georgia 2009 thru present. www.GAInventors.com and www.georgia-inventors.org Norcross GA 3. Active Member of CityClub of Buckhead. Businessman’s club. 3343 Peachtree Street, Atlanta Georgia. 4. Former active member www.BuckHead-club.com and Buckhead 8 group. BuckHead near Lennox Mall. 5. Institute for Enterprise and Innovation. www.iei-inc.org Active Participant in monthly meetings. 6. Frequent Technology Atlanta Group (Entreprenuers) www.tagonline.org with his attendance. 7. Founder and past President of Stone Mountain Radio Control Flyers www.SMRCF.com and Atlanta Radio Control Club www.AtlRCclub.com Keith designs, builds, flys, and instructs on Remote Control Aircraft. 8. Institute of Management Consultants www.imcGeorgia.org Highly skilled Business Owner Consultants. 9. Active in Norcross High School Foundation. Group of 80 business owners and community leaders creating additional resources for this 2,500 student High School. 10. Was very active in Norcross High School Band Boosters. Particularly Marching Band. 11. Long term Ordained Deacon at Peachtree Corners Baptist Church, Norcross GA. And 20 years as Tenor in Church Choir. Current member of First Baptist Marietta, Marietta Georgia. 12. Recent four year Active participant and Table Leader in Mens Step Up. www.MenStepUp.com lead by Kelly Talamoe. Alpharetta GA 13. Inventor and electronic book author of www.IseeStand.com Patent pending visual presentation tool that will ROCK the world. Seriously. So Simply, It’s Fun. Spent 3,500 development hours on tool for self. 14. Inventor of add on product www.IseeSmartPhoneHolder.com Patent Pending holder for smart and dumb phones, GPS, video cameras that sits on your desk, mounts on any tripod, attaches to any desk edge, and also hangs in the visor of your car for hands free operation. ! 10.1.2.Keith Duncan –Teenager Biography ! ! I will briefly tell you that when I was a teenager, I was so far off the intelligent wall that most of the other teenagers would not associate with me because I was always talking about technology, building things, and how to have a lot of fun by using my brain. I was not into drinking, gossiping, roaming the neighborhood, or hanging out in parking lots thinking of what might be fun to do. Instead, I was out creating my own fun through a variety of adult activities. I was a avid swimmer on the city swim team, bought my own minibike at age 12, sold it and bought a Schwinn bicycle, cycled long distances from age 14 to 18, bought a sailboat at age 14 with help of my dad, upgraded to a racing sailboat at age 15, was the youngest charter member of our new Sailboat racing club consisting of 60 adults, worked on my uncle’s estate farm from age 14 until 20 in the summertime, very active Boy Scout from age 11 to 18, charter member and helped start two Boy Scout Explorer POSTS at age 18 for Sailboating and Law Enforcement, and the list goes on and on. Date: 8/8/2011 8:54 AM Page 59 ! of 60 ! Turn Your Teen Into a Money Machine © ™ www.TeenMoneyMachine.com 10.2.Contributing Board of Advisors ! List is coming soon. ! Note: Keith Duncan (myself, the author and businessman) is building his team (TeenMoneyMachine.com) NOW. The BIG need right now is Copy Writers, book editors, and other contributors. Oh yes, and MONEY. I need initial funding to get through the typical start up costs. Does this sound familiar? I am building a company that focuses on ONE thing, teaching teenagers how to build their own business. Email [email protected] with your interest in contributing and/or joining my high performance team. I need lawyers, accounting, Finance, Sales, Marketing, Human Resources, Website Design, Graphic Artists, etc…. ! 10.2.1.Possible Copy Writers: ! REQUEST: Need some major help here people. Please send me names/contacts of editors and freelance professionals. ! 10.2.2.On Board Contributors: ! 1. List will be added later when permission is granted. ! Date: 8/8/2011 8:54 AM Page 60 ! of 60 !