Big Deal: Automated Business Oppotunity ROI 100% !!!?
Have you ever play Robert Kiyosaki's Cashflow 101 board game?
There's deal card "Automated Business Opportunity". These are most profitable business on the card. ROI (Return On Investment) is 60-100%. I was looking for these opportunity in real life for long time (about 4 years).
I was invited sales presentation for vending machine (drink & snack) business. It was first time for me to listen the automated business opportunity. I was so excited.
But I declined. But it is good deal only if it is 20 years ago.
$20K for 3 vending macines. 1 machine is about $6K and earns $6K / year. Then it is about 100% ROI.
But it requires to have physical work to buy snack & drink, deliver, maintenance machines. You need to have inventory and employee (or employ yourself). Then the ROI need to be calculated as subtract your labor.
I was at seminar about Web 2.0 last Friday. The gap was big for me.
Now I realized I'm in Dream Job for 40 hours week and Dream Business for 30-40 hours week. Well I know I'm workaholic. But I don't have any stress. Because I love it what I'm doing.
So the Dream Business I believe now is internet affiliate business or network marketing business. Because you don't need to have inventory, employee, office, commute. You can choose place to live any place in the world.
You still have to customer education, sales, follow up. But it is the most fun part of business. Because customer become your friends.
I had another personal reason. I don't want to contribute people's illness by selling soda or snack.
BTW, my wife and I love to go to sales presentation. If you know something interesting in Silicon Valley, please let us know. We can go together. With us you'll be more secure because I won't do impulse purchase : )
-Naoki
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