Things You'll Need:
- A strong work ethic
- A full time job
- Understand the concept of buy low sell high.
- a vehicle capable of transporting bounce houses
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Step 1
The first thing you need to do is start saving some money. I saved 300 dollars and bought my friends used car. I sold it the very next week for 400. I repeated this process 4 times Now you don't need to do this with just cars I also like to visit slickdeals.net and find great deals and turn around and resell. I found out from slickdeals that L.L.Bean coats that go for 75 dollars where on sale for 20 i bought 25 of them and sold all of them via eBay and through family and friends. The concept I'm trying to show you is when you see something of great value under priced and you have a market to sell to you buy it. After you master this concept begin using it repeatedly, turn it into a hobby of yours. I continue this process to this day but I didn't blow all this extra cash I used it to further myself and you can to.
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Step 2
After you saved about 2000 dollars from step one begin looking around at investments. I was looking for something with a very high demand that I could do part time. I settled on buying an inflatable bounce house commercial grade. I bought it for 1500 and spent the rest on accessories that go with it such as a handcart,blower,tarp,cleaning supplies, business cards,magnetic car sign. Price varies by state but in Maine people pay 100 dollars a day set up and take down included. I rented it out 15 times and bought another one, these things are in such high demand I had more customers than bouncers. I kept repeating and 2 years later I had 4 bouncers and I was paying a high school kid 20 a stop. Now i was averaging 300 a week on top of the money from my regular job. Now my regular job needed upgrading
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Step 3
Your Regular job pays the bills. You should use your extra streams of cash from haggling and the bounce houses to upgrade your regular job. I was making about 400 a week not bad but not good enough. I looked at different collages and what they offered. I decided to get my class A cdl but you need to chose something you like that pays more. After I got my cdl I now average about 900 a week after taxes. Now with all this extra money I didn't splurge, I again used it to further myself.
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Step 4
Now that you have some money behind you need to be looking at expanding your streams of cash. I put some money into my bounce houses. I picked up insurance on the bouncers, bought a van, hired another person. While all this is going on I built a decent credit score. I'm currently looking at rental properties now that I bought my first home at 21.
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Step 5
In conclusion, You need to raise cash via a 9 to 5 and buying low selling high. Use the money to buy bounce houses. Use these three streams of cash to buy a better 9 to 5 job and stay financially disciplined while around all this green! From there the next step is yours!
