2011 BACK to the FUTURE. Top 10 money making picks for coming year.
 

I'm excited.

2011 is going to be a great year for those who choose to make it so.

As a tradition, I'll give you my picks for the top 10 "money making" ideas (which I'll be using) in 2011.

I call this, Back to the Future.

At the top of my list is CHATTELING. Sure, I'm a broken record. Redundant. Repetitive. RE dux.

But buying and selling personal property has never been better. Today, I'm using only craigslist and ebay to find undervalued chattel and flip it for a profit.

More on chatteling later as TWO new updates come out and I begin to video deals.

VENDING. I've mentioned it in the last week. The snack food, or specialty snack business is booming as many other businesses lag.

TREATS, along with alcohol, b oo m in recessionary times. Treats backed by a successful company, too many were caught with their chocolate nuts hanging out in the recession.

So, if you have a treat and good locations, now is a great time to get into the specialty snack business.

Small press PUBLISHING.

I'm going back to PRINTED materials, especially HOTSHEETS and specialty reports as well as staying and expanding DIGITAL. Readers were a big selling item this holiday season, so it makes sense to have your stuff at Amazon or iTunes so it can be downloaded.

BUT, with today's print on demand and places like Kunaki and Bookmasters to do the fulfillment, everyone/anyone can have a "publishing" division to their empires, no matter how one room, or one small corner of a room your empire may be.

I like spiral bound workbooks. AND, I'm into laminating so portable "White Boards" can be created and easily carried around.

Absentee owned "services" will be a good choice. Cleaning, window washing, restoration, auto detailing, rug and floor care...combined with SUPERIOR MARKETING are going to be good sources of income for a few who can manage people.

ADVERTISING specialties, including MOBILE as well as Internet and good old fashioned PRINTED materials will find an audience of buyers.

COACHING is on a continuous UPward trend and cycle. My own Coaching/Caddy Program is seeing remarkable results as I perfect the systems.

If you know how to do something well, COACHING can open doors to your success.

10,000 boomers a DAY turn 65 for the next decade...cash in with products/services/information which serves this hungry niche.

I like INFORMATION products, where and how to retire, how to fly low and collect the dough type stuff as well as some very specific HOW to for the boomers to rejuvenate themselves.

HEALTH will remain front and center stage as the GOP goes after Obama care with a vengence.

Retention of health, via vitamins, nutritional supplements, low impact exercise will find a billion dollar market this year.

Of course, dieting, exercising, FOOD PREPARATION will continue to be staples and will offer some tasty profits for those so inclined.

TV will change this year, like no other year before. Anyone can have their own TV show thanks to Internet Syndication. The old order of media is crumbling.

Internet revolts too. Ask American Airlines, who have come under fire from several "marketing web sites". AA might be smart, or it could cost them business...let's keep an eye on this because it represents billions of dollars of transactions.

So, my top 10 picks for money making endeavors for 2011 are:

1- Chatteling. Buy and sell baby, make as much as you want.
2- Information PUBLISHING, especially real product.
3- Virtual/Digital publising. Every SowPubber should have work at Amazon or iTunes by the end of the year...why not?
4- Coaching/teaching. Share your experience.
5- Start and manage (absentee ownership) a SERVICE business.
6- VENDING. Cash in on the Specialty Snack Market.
7- Health counselor of some sort: yoga, bodyworks, massage, vitamins, supplements and again, it can be an absentee/JV
8- BOOMERS. Don't ignore the 10,000 people a day turning 65, serve up information/products/services which cater to these folks.
9- ADVERTISING Go mobile, internet, old world printing but, get some sort of an advertising campaign in motion this year.
10- ACQUISTIONS. Look for opportunities to acquire new products/old products and give them a twist, fresh coat of marketing paint and expedite and accelerate your success. A lot of boomers are going out of business, you can pick up ideas, and even successful businesses with some sweat equity or a good JV structure.

NOTHING earth shattering here, just some solid opportunity for 2011 for those who want to take advantage of it.

ADD your own, ask some questions or just post up some other ideas.

And make 2011 the best year yet.

Gordon Jay Alexander

Good question Tim. Here's my reason why...
 

Gordon-

Thank you for your advice! I have a question: re: absentee services such as house cleaning - why do you think this will do well during hard economic times? I would have thought that this is the sort of thing people shy away from during hard times.

It is an intriguing idea - set up a service and then absentee manage.

Thanks,

Tim

Tim,

"Hard times". Even during the GREAT depression, there were people doing well, getting rich even.

Today, at 10% unemployment, doesn't that mean we have 90% employment? (Using their [gov'ts] stats?)

The upper income crowd boomed for the last decade, but also, small businesses look for ways to save money.

The easiest business to get into is a low cost cleaning business with superior service...hard to find because wages are traditionally lower. However, you can find hard working people who want to supplement their incomes and are willing to exchange a few hours a week for a guaranteed wage.

My friend went through 4 cleaning companies in 4 years at her business. She eventually would only sign quarterly contracts, that is how BAD the cleaning companies were. The ONE which had the busines for a decade, the guy died, was taken over by a slacker employee and ran into the ground in less than a year.

Even in HARD TIMES, windows need to be washed. Bathrooms need cleaned. Elderly people need help. The PARADE OF LIFE demands certain things no matter what the economic climate.

My opinion is, it is a great time to get into a service related business IF you can deliver superior service. And with the workforce being "larger" than ever, I'm confident I could find quality people (I'd look to boomers wanting to supplement their income) to perform the tasks much better than the "low pay" worker, of either poor work ethic background or of "out sourced" labor.

I feel I can find many older or mature Americans with a good work ethic who will trade a few hours a week for their good work habits.

I would find ways to incentivize, probably with QUARTERLY BONUSES, or other ways, to sweeten the pot for their labor.

The SECRET Tim, for me anyhow, is to NOT hire the "most likely candidates" for what is traditionally a "low wage" position...and a quick glance at the tats, piercings and poor hygiene of today's fast food worker has made me swear off most quick serve restaurants.

Go with Mature workers, deliver superior service, and you won't find any problems getting business.

Gordon

Re: 2011 BACK to the FUTURE. Top 10 money making picks for coming year.
 

Thanks Gordon! Good advice - appreciate your taking the time to respond.

Tim

Re: 2011 BACK to the FUTURE. Top 10 money making picks for coming year.
 

Wishing everyone a Super Successful Fresh new Twenty Eleven...

A Quick link “Spiel” to Tie into Gordon's 2011 BACK to the FUTURE... Absolutely Nothing has Changed! ... :)

Big Ideas, Predictions and Trends for 2011 and Beyond...

Just a few Quick picks I've recently picked up along the way...

Some are Especially interesting and intriguing...

With the right Action plan... Out of the Box Thinking, Execution into some Cool Money making business models...

50 Big Ideas, Predictions and Trends for 2011 and Beyond
http://www.businessnewsdaily.com/201...sinesses-0835/

100 things to watch in 2011
http://www.jwtintelligence.com/2010/12/100-watch-2011/

A few years back...

Recruiting Experts warned against using Video resume(s) methods, including Offering related Services...

YouTube and Company has Surely changed Video everything...

With the Right Creativity.... Business model, planning and Execution... It's Going to be a Hot! Business model to Get into sooner than later! ...

Especially, for Former Recruiting Experts who seriously Know their stuff... One particular SowPubber, who's been Posting Lots of Great info, Definitely comes to Mind...

“Awesome” Video, social media resources Full of Valuable information & ideas...

YouTube Video Resumes Are Ingenious...
http://www.penn-olson.com/2010/11/04/video-resumes/
http://www.reelseo.com/video-resumes-wave-future/
http://www.socialtimes.com/2010/12/o...video-resumes/

Dig out the Winner's... Focusing on those All mighty keyword phrases...
http://www.youtube.com/watch?v=Ot4K-...ayer_embedded#!
http://www.youtube.com/results?searc...+resumes&aq=3m
https://ads.youtube.com/keyword_tool

Customer Strategy Trends to Watch in 2011
http://www.1to1media.com/view.aspx?d... ineHighlight

Netflix for Babies... How many other Niche(s), industries Could this possibly be Applicable with... ;)
http://www.freep.com/article/2010122...rental-company

Phil