Tag Archives: online business

There’s a New Posting Schedule at the Micro Business Kid!

After 41 gruesome nights delivering newspapers as a side job, my sleep schedule is closer to normal once more since I quit last week. That also means I’m coherent enough to spend more, quality time working on our business, posting content more consistently here, and creating a micro business guide that will help you go from having an idea to a fully functioning micro business!

I’ve also come up with a more consistent posting schedule and here it is:

Monday @ 6:00 am EST: Helpful Post of the Week. I used to do this everyday but I think once a week on Monday will be sufficient. There will probably be around 5 helpful things a week and what better day to share these things with you than at the beginning of the week?

Tuesday @ 6:00 am EST: Interview of the Week. A few weeks ago, I asked readers  what they would like to see added to the blog. One suggestion was that I interview other micro business owners and share their perspectives with my readers. I thought it was a great idea and the first interview will be posted this Tuesday! I currently don’t have any other interviews lined up so chances are that Tuesdays won’t have regular posts for the time being.

Wednesday @ 6:00 am EST: Thought-Provoking Questions of the Week. What better way to get you past “Hump Day” than by making you think? Expect around 3 questions each week.

Thursday @ 6:00 am EST: Book Review of the Week. The purpose of the Micro Business Kid is to provide you with resources, among other things that will help you start and grow a successful micro business. About 99% of my business sense came from reading books. I’m constantly reading and learning new things so I figured I’d share what I read to entice you to read the same. Maybe we can start a book discussion sometime in the future?

Friday @ 6:00 am EST: Actual Post of the Week. Fridays will be the day that I post a regular article that has to do with Micro Business. This will give you something to read in the office while you’re counting down the minutes until your weekend starts and it will give you inspiration while you plan your escape over the weekend.

Sound good?

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What is “value?” How do you create it?

I’m trying something new! Instead of numbering each Thought-Provoking Question of the Day, the subject will be the actual TPQD. This will hopefully cut down on the monotony of generic topic titles…

Today’s thought-provoking question of the day is two-fold:

  • What is “value?” How do you create it?

Value doesn’t have anything to do with the actual price. When you talk to your friends about a new purchase, the purchase was probably made because it was a “great value,” not because it was a great price! Everyone wants to believe that they’re getting great value for the price they pay. The more perceived value the customer has, the more a business is able to charge. This isn’t taking advantage of the customer at all. If a business provides great value to customers, then they should be compensated well. To me, value is how much a customer thinks something is worth and how willing they are to pay for whatever that business is selling.

Creating value is quite difficult as there are a lot of intangibles involved with this process. I think ways of creating value include great customer service, great customer interaction, quick shipping times, low shipping costs, a great copy, bundling a bunch of services into one, great photography of your products, doing things for free which the competition charges for, giving away great advice when no money is involved, and a well-designed website among others. Note that none of these things have anything directly to do with the actual product.

What does “value” mean to you? How do you create it?

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Life Lessons I Learned While Delivering Newspapers

Warning: This is a bit of a rant. If you are sensitive to cuss words, I suggest you don’t read. Are the cuss words really needed? Yes. Because society as a whole needs to get its head out of its ass.

  • There are always people who are currently in more dire situations than you may ever be in. Make the most of what you have.
  • Potential is a terrible thing to waste. Do something with it or else you’ll end up in a less than desirable situation.
  • People in less than desirable situations make the most out of it, try to enjoy themselves, and survive however they can. People who value “things” more than connections, should re-evaluate their priorities.
  • All what people in less than desirable situations are looking for are opportunities to provide for themselves and their families. It’s up to the more fortunate to provide these opportunities.
  • Unfortunately, some companies take extreme advantage of this and legally get away with it.
  • Desperate times really do lead to desperate measures.
  • “Good” people often find themselves in difficult situations. Bad luck doesn’t discriminate.
  • Everyone has their own agenda and reasoning behind their actions.
  • We, as a society, put money up on a pedestal. Instead of focusing on making more, we should focus on being content on what we already have.
  • Not everyone has a computer at home. Be fuckin thankful for your lap top, Playstation 3, iPod, and iPhone. These are privileges. YOU AREN’T ENTITLED TO SHIT. Earn your own damn way. Take responsibility.
  • People work at all kinds of hours and days. There is no such thing as a “day off” when you deliver papers. Same goes for holidays. Be thankful that you have every holiday off from work that you do.
  • There are other ways of making money besides trading your time for it.
  • Attitude is everything and greatly influences every situation.
  • Everything has at least two different perspectives behind it.
  • If you have a home, be fuckin thankful. If you have some source of income, stop bitching about how “tough” you have it. Someone else will gladly take your job. If you are fortunate enough to be surrounded by friends and family that love you, what more could you want or need?
  • Learn to be content with your situation, no matter how “dire” it may seem to you. Put things into perspective and remember that others have it way worse than you.
  • Be kind to EVERYONE that you come across. Treat everyone as a fuckin human being regardless of their job title. People aren’t “dishwashers” or “cheap farm labor;” they’re PEOPLE. A nice gesture or a genuine smile can make someone’s week. These simple, yet powerful interactions are unfortunately extremely under-rated these days.
  • If you’re still unappreciative of all that you have, I recommend that you spend a month delivering newspapers for below minimum wage.

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Business Really IS All About Who You Know

You’ve probably heard the cliché, “it’s not what you know, it’s who you know.” Well…there is a great deal of truth behind that.

Being knowledgeable on a certain subject is required but that knowledge alone will only get you so far. If you’re a complete jerk, no one will want to deal with you. That means no customers, no business-to-business relations, and no other opportunities to expand your business. Why is customer service so important? Because if no one wants to buy from you, your business will quickly go out of business.

In today’s modern age where a lot of people are involved in social networks, these relationships are more important now more than ever.

I’ll be the first to admit that I’m not the greatest business person in the world. Such a title is only for people who like to toot their own horns. As long as I can create worthwhile relationships through my businesses, add value to the lives of others, and earn enough compensation so I don’t have to depend on someone else for a paycheck, that’s enough for me.

The following examples are not made to brag or boast, but to show you how beneficial being on social networks can be to your business. Please note that these experiences come from our family business being on Tumblr. There will be lots of links to people and businesses that I’ve met on this social network. For full disclosure, there are no incentives for me to include them on this list. There probably will be a few people/businesses that I miss, but this will hopefully give you a good idea about why being on social networks is so important!

Also note that a lot of these are business contacts but have also turned out to be great friends as well.

  • We met Taryn from ToughLove MPD. She does hair and make-up and was very kind to offer to do our first photo shoot for our clothing line.

 

  • Jack and Sean did some design work for us.
  • Dylan was my editor on my old blog.
  • Tommy from Australia has a cool clothing company and we discuss clothing and apparel from time to time.
  • Josh who recently started his own business, Wayward Spirit, came out of nowhere one day and offered his thoughts on our store layout and we’ve been friends since.
  • Keith at Venturi Moto is a really cool guy from Ohio and we’ve helped each other out on the business side of things.
  • Jim at MotoDude is another cool guy who’s into vintage motorcycles and apparel. We’ve bounced back a few ideas.
  • Carlos and the Foundry MC are a motorcycle club in Barcelona, Spain and we share similar insights on life and motorcycles.
  • Nick is a great friend who I started the World Riders Network with.
  • Tom is an awesome blacksmith in London and we talk about motorcycles, life, and business a lot.
  • The dudes at Adventure Prone are kind of nuts but we’re glad to call them friends.
  • Justin is another awesome blacksmith who runs Fusion Metal Crafters out of California. Even offered me a place to stay if I’m ever in the area.
  • Through Justin, we met the guys at & Work Apparel. We may have a business relationship with them in the future.
  • Aaron is a cool guy from Hawaii who we might work with on a cool business project in the future.
  • Nimi is the guy behind Pato Loco Surf & Speed. We used to have a business relationship with him, but we took our business in a different direction shortly after we started it. He’s still a cool guy and we stay in touch.
  • Garage Project Motorcycles are a motorcycle shop in Australia who we talk to about vintage bikes from time to time.We’re a huge fan of theirs.
  • Adam and Untitled Motorcycles are a custom vintage BMW shop in London. Nice machines and even nicer people.
  • Clark at Monster Parts is another great business contact we’ve made.

If we never started our Tumblr about a year ago, these contacts and others, would have never been made. So if you’d like to get started making contacts yourself, I’d highly recommend reading Trust Agents by Chris Brogan and Julien Smith first. Then check out Tumblr, Facebook, Pinterest, and TheFancy and see which would be a great fit for you and your business!

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Sincerest Apologies from the Micro Business Kid

I’m sorry. I went on a mean-streak at the beginning of the blog and posted quality content for you Monday-Friday for a couple of weeks. This probably led you to believe that pure, unadulterated awesomeness would be posted at such a consistent rate. So what’s been going on the past couple of days? No new content…are you going to leave us hanging on our quests to create a micro business?

The answer is simply, no. I’m as committed to helping you start and grow a successful micro business as you are to making that dream a reality.

So what’s my explanation for this brief hiatus? I’m human and life is crazy sometimes…well, most of the time.

Allow me to give you a brief over-view of what’s been going on lately.

  • A dream of mine was absolutely crushed. I’ve been in contact with a school in Chicago for over 2 years to move up there and play soccer for them. I received a soccer scholarship offer and well…it wasn’t exactly enough to make me go up there. I don’t want to get into a heated debate about higher education, but a degree isn’t my answer to being able to live a successful life. It isn’t worth going into a huge amount of student loans just to play college soccer to me. So instead of moving up there and changing my life completely, I re-enrolled into the local college I’ve been going to. I should have my AA, which doesn’t mean much to the corporate world, after the next semester is over. Due to lovely financial aid being lovely, I should get some grants so in a way, I’ll be paid to go to school.
  • People disappoint me. They do say that friends come and go, right? Well what if that friend is someone who you thought you’d be friends with for the rest of your life? The friend who would be the best man at your wedding? Well that’s basically what’s been going on. My best friend has turned out to be more talk than action. It sucks but things like this happen. It takes some time to get over it though.
  • While I am a student, advise others in their businesses, and started this blog, it’s not enough for me to live off of at the moment so I’ve been looking for alternative sources of income. I was able to find one recently which was delivering newspapers. It’s not the most glamorous job in the world and the hours absolutely suck. It’s taken a while to get used to my new sleep cycle. Lately I’ve been sleeping from 7 pm-2 am. I’m still getting adjusted to it. I’m not the most creative or motivated when I’m sleep-deprived.
  • I’ve been looking for jobs that have more “conventional” work hours but haven’t had much luck. So far, I’m not qualified become a server or make burritos but the search continues…
  • I’ve come up with ways to create more value for you guys. A lot of reflecting and meditation has been going on. I’ve made some great breakthroughs and have decided to get rid of some things or change them around.
  • I’m getting back in shape. Because of my new work/sleep schedule, I have time from 6-8 am to exercise. Lately, I’ve been going on long bike rides which I used to do when I was training to play pro soccer. It’s nice to be outside while its getting light out.
  • I’ve enjoyed the city I live in a lot more. I was pretty set on leaving in a couple of months so I tried to keep busy with that thought. I shut myself off to new opportunities and relationship possibilities because I didn’t want anything to hold me back. Well since I’m not going to Chicago anymore, I’ve “allowed” myself to be open to new people and experiences. I went to the Saturday Morning Market and have met some pretty cool people lately.
  • My dad and I have brainstormed some pretty cool ideas that we’re going to add to our business.
  • I’m still an avid soccer player and my team, the United Serbs, won the Division One Championship game on Sunday, 2-0! Below is a picture of the team and I’m in the top row, all the way to the right.

  • But perhaps the most exciting thing that I’m working on, is a guide that will show you step-by-step, how you can start and grow your micro business! I’ve literally spent years growing our family micro business so it’ll show you what to do, how to do it, and perhaps most importantly, what not to do! This guide will allow you to start and grow your business at your own pace, you won’t have to wait for me to post new content, and I’ll be able serve you as your micro business consultant if you have any questions or need help on anything specifically. I’m hoping to have the guide completed in 4-5 months and I’ll give you updates from time to time!

Because of all these things going on, I won’t be able to create quality content Monday-Friday anymore. But what I can guarantee is that high-quality content will be posted at least once a week!

I hope you can accept my apology and that we can continue to be friends.

Sincerely,

The Micro Business Kid

Marc Paetzold

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Helpful Post of the Day #7

The Helpful Post of the Day will involve helpful quotes, articles, pictures, and other stuff that I found interesting or helpful in some kind of way.

Today’s Helpful Post of the Day:

“If you aren’t dying for it, it’s bullshit. If you die with any life left in you, you’ve wasted it. You should die entirely empty and spent. That’s my view.

If there is anything I could wish upon you, that is it. I wish for you the ability to find work worth dying for, worth going to prison for, worth suffering for. It isn’t easy. But it’s worth it.”

-Julien Smith

Check out his incredibly useful blog here. It has helped improve my life and I’m sure it will do the same for you.

Also, didn’t see my post from the other day, Help Me Give First-World Opportunities to Third-World Countries, please take a moment to check it out. It’s something that gives me great joy and fulfillment.

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Thought-Provoking Question of the Day #6

Today’s thought-provoking question of the day is:

Did you realize that I didn’t write a review of the day, a post, or the thought-provoking question of the day yesterday?

 

That wasn’t planned but with my crazy work schedule, I slept from 12-7 pm and then 9:30-1 am and didn’t have any time. Just letting you know now that there will probably be a change in my posting schedule. I’ll let you know once I figure out my new work/school schedule.

Have an awesome day!

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