My 10-year-old son is already an entrepreneur. He started a valet trash business in our neighborhood. His business model: For $100 per year, he takes care of customers’ trash twice a week. One Sunday, he set out with flyers and knocked on 40 doors. When he came back, we debriefed. Son: “Man, I knocked on 40 doors and only got one customer. My goal was to get three.” Me: “Alright, when are you going to follow up?” Follow up? I could see he looked confused. Son: “Most people said they weren’t sure or ready to sign up yet.” Me: “Go see everybody. Keep going back until they tell you ‘no’.” That’s what he did. And he came back with five more customers. He got 5x the customers by being consistent and relentless with the follow-up. Now he has 13 customers and growing, many of them from referrals. Most people only ask once. They give up too early. Don’t forget how powerful just following up is.
@billsmitha This is very sweet. I wish he lived on my Mom’s street. Hit up those 55+ places. It’s a needed service and would prevent a lot of falls.
@billsmitha Omg brilliant. I wish this was my neighborhood, would hire him in a second
@billsmitha A kid on my block does this too. It’s my favorite bill to pay.
@billsmitha @lisa_hough_ I’ve been waiting for a kid just like this to surface in my neighborhood! Would pay the $100 gladly. Unfortunately there are none, so mine will have to be the first. 😌