Business Opportunities Through Family and Friends

When I was younger, I use to work at my grandparent’s furniture store occasionally for a small amount of money.  I was just a small boy, so I didn’t work for long periods of time.  Most of the task I got paid for was dusting off merchandise on shelves and other trivial activities.

Later when I was sixteen, a close family member got me into a union controlled grocery store.  The store was managed by a cruel older man who had worked in the grocery business since he was 13-year-old.  The seasoned store manager treated everybody like dirt, so the work environment was horrible.  At this store location, there always seemed to be a lot of backstabbing negative and often illegal activities, so this was a very negative experience for the young worker that I was.

After such a bad experience, I didn’t want anything to do with family or friends getting me a job!  Now looking back, I realized that I missed many opportunities from family and friends that presented potentially great employment options to me!  The business opportunities were both direct and indirect ones! 

The direct business opportunities are pretty obvious.  A direct opportunity is when work is offered to you via a job offer.  That said, you may be wondering what I am talking about when I say “indirect business opportunities”.

Indirect business opportunities through family or friends are those opportunities that we are able to create or find ourselves.  While not obvious, if you keep your eyes and mind open, such opportunities exists or can be created!

I thought I would conclude this post with an example that I recently learned about:

A cousin of a co-worker is well on his way to becoming a rich entrepreneur by fully taking advantage of indirect business opportunities through family and friends.  Rich (the cousin) was smart enough start a business that was a sure bet. 

What was this incredible business?  Rich created a dumpster business.  You see many of Rich’s family and friends are successful homebuilders.  Instead of competing directly with them, he decided to create a business that could benefit off of their success.  This was a win-win because they have enough competition already and they use his business for their dumpster needs.

I’d also like to mention that Rich has other business too.  For example, I know that he is also a landlord.

So look around, do you see any side or full business that you could create?

-MR

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