February 26, 2024 • 16 mins
📌 HEADS UP! THIS IS AN ARCHIVED EPISODE OF SUBSCRIPTION BOX BASICS. SOME OF THE OFFERS & LINKS MAY NO LONGER BE AVAILABLE.
Ever dreamt of launching your own subscription box business but found your wallet less than cooperative? Fear not, as Julie Ball spills the beans on 10 ways to fund your subscription box business. Ready to get a little scrappy to chase those dreams? Let's go!
I see you checking out the list below...don't stop there! Listen to the whole episode for tips and stories to encourage you!
- Sell stuff on FB marketplace
- Sell clothes on Poshmark or a local consignment store
- Sell books at a local used book store
- Sign up for the Amazon Influencer program. My friend Kathleen has an amazing course to get you started! And here's my Amazon storefront.
- Offer Virtual Assistance (VA)
- Sell services
- Credit Card - Here's a referral link to my favorite (with cash-back rewards!)
- Pre-sell your box
- Shop aroundÂ
- Cut back
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
So you want to launch a subscription box and don't
know where to start?
Girl, you are in the rightplace.
I'm Julie Ball and I'm ReneeGonzalez, your host here at
Subscription Box Basics, apodcast for new and aspiring
subscription box entrepreneurswanting to avoid overwhelm.
So grab a coffee, some pen andpaper and let's have some fun.
(00:21):
Hey, and welcome back toSubscription Box Basics.
I am Julie Ball, your headcoach here, and today I'm going
to do a rapid fire episode.
So grab your pen and paper.
I'm going to tell you 10 ways tohelp fund your new box business
.
Whether you are brand new andyou are in pre-launch and you're
like I just need some money toget started.
(00:42):
Or maybe you've been in thebusiness for a while and things
are just a little bit tightright now.
I totally get it.
So let's run through these 10ways to help you fund your box
business.
First of all, before we jumpinto this, let me just tell you
there is nothing wrong withdoing other things to help fund
the business of your dreams.
Whether you're working afull-time job, a part-time job
(01:03):
or you just are trying to findsome things to get some extra
cash, there's nothing wrong withtaking that time and spending
it on building your future,building the business of your
dreams.
So let's get started.
Number one is sell stuff onFacebook Marketplace.
If you're not familiar withFacebook Marketplace, think of
it as like a local classified adsection that you would see
(01:25):
typically in a newspaper back inthe day.
This is where you can listitems for free.
You put up a couple of pictures, write a little description and
then other people in your areacan search for them and buy
things.
Now I'm not going to give youall the best practices for
Facebook Marketplace, but I willtell you.
One is when you make a sale andyou meet those people to give
(01:47):
them the product and they'regoing to give you the money,
meet them in a safe place.
What I really love about ourlittle town here in Black
Mountain is that we havespecific parking spots right
over by the police station forthis type of transaction.
So I love that.
Check with your town if theyhave that, but otherwise, this
is a really great way to offloadthings that you aren't even
(02:08):
using.
So maybe your kid grew out ofsome clothes or a bike.
Maybe there's something in yourgarage that you thought was
going to be a hobby of yours andnow it's collecting dust.
This is a great time todeclutter your house, find some
things to sell on FacebookMarketplace and list them.
Number two sell clothes onPoshmark.
So Poshmark is think of it asan app.
(02:31):
It's a website, but think of itas a marketplace for secondhand
clothes, like consignment storetype vibe.
Go through your closet, pickout some of your clothes that
you either have grown out of oryou no longer like and you can
list them right on Poshmark.
There are some fees pertransaction and, of course,
there's going to be shippingfees.
(02:52):
That's taken into considerationwhen you set it up, but you
have control over a lot of thatstuff.
So go check out Poshmark andjust browse around there to see
what are some prices, what arepeople listing.
We also have some localconsignment stores that you can
physically take products to.
For example, we have one calledPlato's Closet.
We have one called ClothesMentor and you can just take
(03:14):
your clothes in there.
You're going to look at them,make you an offer and you can
either walk away with credit forthe store or cash in your
pocket.
So think about what clothes inyour closet can you sell to make
some money.
Number three in our 10 ways tohelp fund your box business.
Number three is sell books atused bookstores.
(03:35):
Now, this stuff still happensand I am living proof of that.
At the end of 2023, I hadgathered up a ton of my books
from the bookshelf that I hadread.
I knew I wasn't going to readthem again.
There's no reason for me tokeep some of them.
Now.
I do have my favorites that I'mgoing to keep.
But I took I think it was maybefour boxes full of books to our
(03:58):
local used bookstore.
I walked away with over $100 incash I'm not kidding, they
still do this and in fact, whenI went in to drop the books off
and they were going to take alook at them and make some sort
of offer, the bookstore had alot of people in it.
I know there's ways to do thisonline too, but I don't have any
experience with that.
So check in your local area.
If you have lots of books thatyou might no longer want, check
(04:22):
in your local area to see ifthere is a used bookstore.
Number four I want to tell youabout the Amazon Influencer
Program.
So this is a program throughAmazon that you make content and
you provide recommendations tohelp influence people on which
products to buy.
If they buy the products thatyou've recommended, you get a
(04:45):
kickback, and I've been playingaround with this since September
of 2023.
And I've probably made sincethen.
I've made about I think, about$500 or so, and what's cool
about it?
It is truly passive income.
I am not set up as aninfluencer where I have a social
media for this side of mybusiness.
(05:06):
I don't do that type of stuff.
I do the videos that are onAmazon and I also have an Amazon
storefront, so I'll drop thatlink in the show notes so you
can check it out.
It's basically I've rounded upsome of my favorite items from
Amazon that helped me run asubscription box business and I
have them in a little list soit's easy for you to go and
purchase them, whether it'ssomething like a digital scale
(05:28):
or a label printer, things likethat and one is good for buyers
because they have vetted listsfrom people they trust, like me.
For example, you trust me forsubscription box advice and if I
give you this link to this listof products, you may be likely
to choose some of those products.
I would get a small kickback.
(05:49):
You would get an awesomeproduct, so it's such a win-win.
Now, I don't train people onthis.
I participate in it but I wouldlove to recommend Kathleen
Cobal.
She taught me how to do thisprogram.
I'm going to put links to herinformation and her course.
She's got this great littlecourse about it that I just
devoured in probably two daysstraight and was up and running
(06:11):
that same week, so I will putthat in the show notes.
You can check out moreinformation on that.
Amazon influencer program.
All right.
Number five you can be a virtualassistant.
What I want you to think aboutis do you have skills online
that other businesses might need?
Some quick examples would becopywriting, graphic design,
(06:34):
social media, things like thatthings that you might be really
good at that someone else mightnot be good at.
You can offer your services tothem to make money.
So it's a really great way tohelp others but also earn your
own income through this.
And you could just start out byasking on Facebook say I really
(06:57):
love doing social media.
Do you know anyone that needssocial media help in their
business?
If so, let me know if that'syou, or tag your friend below.
It's as simple as that.
Asking your own network, oreven on LinkedIn, for example,
is a great way to start withsomething like that.
So think about do you have anyvirtual skills that other
(07:17):
businesses might need?
And it can be such a win-win.
Number six you could sellservices.
Now, this is similar to thevirtual assistant, but this
would be services in person.
So that could be something likemaybe a driving for Uber or
doing DoorDash deliveries.
My husband, not long ago, hadposted in our local Facebook
(07:39):
exchange.
It's just the local communityhas a Facebook group just for
community members.
He posted in there about hey,does anyone need their leaves
blown?
This was in the fall.
Does anyone need me to comeleaf blow their yard?
And he got a few takers.
It was as simple as postingabout it and then DMing with
that person saying, okay, what'sthe size of your yard, I'll
(08:01):
come take a look and let youknow how much that would cost
per hour, that type of thing.
So what are some services thatyou could provide to people in
your community to earn somemoney?
Maybe that's house cleaning,maybe that is organizing.
What about babysitting?
Or maybe even pet sitting housesitting, gosh.
(08:23):
There's so many differentservices you could provide.
So think about that and justask in your local community, ask
your neighbors, ask yourfriends, ask the people in your
shirt.
There's going to be a lot ofpeople that really need some
help somewhere in their lifethat you could step in and do
that thing for them.
Okay, the number seven way thatyou can help fund your box
(08:44):
business is through a creditcard.
It is inevitable as a businessowner that you may need to get
either a business loan or acredit card.
In my experience, credit cardsare easier to get than filling
out information for a businessloan when you don't have any
data or you don't have anyexisting income from it if
you're in pre-launch, forexample.
(09:05):
So I highly recommend a creditcard.
Now you're going to have to dothe homework on what's the best
card for your situation.
I can't give you that advice,but I will tell you what I use.
I use the Spark Capital OneVisa and I've used it for years,
and what I really like about itis that I was able to get the
(09:25):
credit limit that I needed, andit changed throughout the years
of running my box business.
As my business grew, my creditlimit grew with it, which was
great, because the orders that Iplaced got larger and larger,
but the best part about it isgetting cash back.
So many of these credit cardswill give you cash back based
off of your purchases, and so Ithink my Spark Visa maybe is one
(09:49):
person, maybe one and a half, Ican't remember it.
I have to go look, but I willput a referral link to the
Capital One Spark Visa optionsso you can check those out.
Now you have to be careful withcredit cards.
You don't want to get in overyour head, but sometimes it is
going to be one of the best waysto get your business started,
to get you the funding you needfor some of those startup costs
(10:12):
that you inevitably will have asa product based business owner.
Okay, number eight pre-sell yourproduct.
Now we talk about this insubscription box bootcamp.
This was something that I did.
I had a zero dollar budget whenI launched my subscription box
Sparkle Hustle Grow, which I'vesince sold, but in those early
days I did a pre-sale and thatjust means selling your product
(10:36):
before it's ready, and I knowthat can be scary and you might
be wondering how can I even sellsomething that is not ready yet
?
You sell the concept of it, yousell the idea, you sell the
journey of it that they're goingto experience once they get
that product in their hands.
That could be a pre-sale ofjust a couple of days, it could
be a pre-sale of a week, or itcould be a pre-sale of an entire
(10:58):
month.
It just depends on how longyour customers will be willing
to wait for that product.
If I remember correctly I thinkmy pre-sale they had to wait
six weeks to get their first box.
But I continued to nurture them, I continued to take them on
their journey and I actuallysent each of them a $5 Starbucks
card and a handwritten thankyou note in the mail during that
(11:19):
six week time frame so thatthey could still stay engaged
and excited about receiving thatbox.
Stick with me.
We're almost done covering the10 ways to help fund your box
business.
Moving on to number nine shoparound.
What I mean by that is look atservices that you already have
and see if there's ways to shoparound and cut back on some of
(11:43):
the costs that are going out thedoor.
If you free up some of thatmoney, maybe you can redirect it
to your box business.
I'm going to give you anexample.
I'm currently in the middle oftesting out Verizon wireless
internet in my home we alreadyhave Verizon phones, okay, so
we've been with them for years,we love them, but my current
(12:04):
internet is through anothercompany and I was shopping
around and I found out that Ican save $50 a month if I switch
to Verizon, and I was shocked.
I was like what $50 a month?
Do the math on how much thatcan save you per year?
I'm literally on the newVerizon Wireless Home Internet
(12:25):
right now as I'm recording thisvideo, so I'm testing it out.
Verizon is giving me 30 days totest it out.
I've got the other Wi-Fi as mybackup right now.
I did not cancel that accountyet.
I'm testing out the Verizonside of things and if it works
well, then I'm going to keep itand cancel my other Internet.
That means $50 savings permonth.
(12:47):
What could we redirect that $50?
To Think about the servicesthat you use.
Just check your credit card,check your bank account.
What are you buying on aregular basis?
Call them up, call up Netflixor call up your phone company,
whatever you're using.
Say, am I on the best planavailable for my usage?
(13:07):
Do you have any new plansavailable that might be better
fit for me?
It's worth a quick phone calland maybe you'll be like me
where you can free up some ofthat money by shopping around.
And number 10, you're not goingto like this one.
It's cutback the same conceptof freeing up some money that is
(13:27):
going out the door already.
You might be able to free someof that up and redirect it to
your new business.
Some examples might mean someof those memberships and
subscriptions that you currentlyhave.
So look at your credit cardstatement or your bank statement
.
What are some of those things?
So maybe it might be Netflix.
I know if you don't have it,you're going to survive, it's
(13:50):
going to be okay, but maybe thatcould be something you cut,
maybe it's.
At one point we had AmazonPrime Video.
We had Hulu, netflix and DisneyPlus, and we talked about it as
a family.
We said we don't need all ofthose, so we cut back some of
those, and that freed up somemoney for other things.
So maybe it is a spending habitthat you have, maybe it is
(14:14):
Starbucks, or maybe it is anunhealthy habit that you're
trying to cut anyhow, likesmoking, for example.
How much money are you spendingon that?
Think about some of the thingsthat you are maybe just spending
a couple bucks here and thereon, but by the end of the month
it is added up to $50, $7,500.
(14:35):
So look at those things thatyou can potentially cut back,
save and or redirect to your newbox business.
So those are my 10 ways to helpfund your new box business or
come up with some cash to helpyou in your existing one.
Let's do a quick recap.
Number one sell stuff on theFacebook marketplace.
(14:57):
Number two sell clothes onPoshmark.
Number three sell books at yourlocal used bookstore.
Number four sign up for theAmazon influencer program.
Number five do virtualassistance for other businesses.
Number six sell services likehouse cleaning or leaf blowing
(15:20):
or door dashing.
Number seven sign up for acredit card that is going to
give you cash back.
Number eight pre-sell yourproduct before it's even ready.
Number nine shop around withyour vendors, your utilities,
whatever memberships you have,shop around.
And number 10, cut back.
Maybe it's cutting back some ofthose subscriptions or your
(15:42):
Starbucks habit.
Hopefully you're able to handpick a few of these.
Whatever's the most low hangingfruit.
Start there and I hope thatthis has been super helpful for
you to get in a can do mindsetversus a mindset of negativity
or lack.
You want to get into thatabundance mindset.
(16:04):
Hopefully, these 10 ways aregoing to help you find some
money to help you fund that boxbusiness.
We're cheering you on.
I know you can do this.
Look through that top 10 list.
Use the show notes for some ofthe links and references so that
you can get started on thisright away.
Thanks for listening today andwe'll see you in the next
episode.
Bye.
So you want to launch a subscription box and don't
know where to start?
Girl, you are in the rightplace.
I'm Julie Ball and I'm ReneeGonzalez, your host here at
Subscription Box Basics, apodcast for new and aspiring
subscription box entrepreneurswanting to avoid overwhelm.
So grab a coffee, some pen andpaper and let's have some fun.
(00:21):
Hey, and welcome back toSubscription Box Basics.
I am Julie Ball, your headcoach here, and today I'm going
to do a rapid fire episode.
So grab your pen and paper.
I'm going to tell you 10 ways tohelp fund your new box business
.
Whether you are brand new andyou are in pre-launch and you're
like I just need some money toget started.
(00:42):
Or maybe you've been in thebusiness for a while and things
are just a little bit tightright now.
I totally get it.
So let's run through these 10ways to help you fund your box
business.
First of all, before we jumpinto this, let me just tell you
there is nothing wrong withdoing other things to help fund
the business of your dreams.
Whether you're working afull-time job, a part-time job
(01:03):
or you just are trying to findsome things to get some extra
cash, there's nothing wrong withtaking that time and spending
it on building your future,building the business of your
dreams.
So let's get started.
Number one is sell stuff onFacebook Marketplace.
If you're not familiar withFacebook Marketplace, think of
it as like a local classified adsection that you would see
(01:25):
typically in a newspaper back inthe day.
This is where you can listitems for free.
You put up a couple of pictures, write a little description and
then other people in your areacan search for them and buy
things.
Now I'm not going to give youall the best practices for
Facebook Marketplace, but I willtell you.
One is when you make a sale andyou meet those people to give
(01:47):
them the product and they'regoing to give you the money,
meet them in a safe place.
What I really love about ourlittle town here in Black
Mountain is that we havespecific parking spots right
over by the police station forthis type of transaction.
So I love that.
Check with your town if theyhave that, but otherwise, this
is a really great way to offloadthings that you aren't even
(02:08):
using.
So maybe your kid grew out ofsome clothes or a bike.
Maybe there's something in yourgarage that you thought was
going to be a hobby of yours andnow it's collecting dust.
This is a great time todeclutter your house, find some
things to sell on FacebookMarketplace and list them.
Number two sell clothes onPoshmark.
So Poshmark is think of it asan app.
(02:31):
It's a website, but think of itas a marketplace for secondhand
clothes, like consignment storetype vibe.
Go through your closet, pickout some of your clothes that
you either have grown out of oryou no longer like and you can
list them right on Poshmark.
There are some fees pertransaction and, of course,
there's going to be shippingfees.
(02:52):
That's taken into considerationwhen you set it up, but you
have control over a lot of thatstuff.
So go check out Poshmark andjust browse around there to see
what are some prices, what arepeople listing.
We also have some localconsignment stores that you can
physically take products to.
For example, we have one calledPlato's Closet.
We have one called ClothesMentor and you can just take
(03:14):
your clothes in there.
You're going to look at them,make you an offer and you can
either walk away with credit forthe store or cash in your
pocket.
So think about what clothes inyour closet can you sell to make
some money.
Number three in our 10 ways tohelp fund your box business.
Number three is sell books atused bookstores.
(03:35):
Now, this stuff still happensand I am living proof of that.
At the end of 2023, I hadgathered up a ton of my books
from the bookshelf that I hadread.
I knew I wasn't going to readthem again.
There's no reason for me tokeep some of them.
Now.
I do have my favorites that I'mgoing to keep.
But I took I think it was maybefour boxes full of books to our
(03:58):
local used bookstore.
I walked away with over $100 incash I'm not kidding, they
still do this and in fact, whenI went in to drop the books off
and they were going to take alook at them and make some sort
of offer, the bookstore had alot of people in it.
I know there's ways to do thisonline too, but I don't have any
experience with that.
So check in your local area.
If you have lots of books thatyou might no longer want, check
(04:22):
in your local area to see ifthere is a used bookstore.
Number four I want to tell youabout the Amazon Influencer
Program.
So this is a program throughAmazon that you make content and
you provide recommendations tohelp influence people on which
products to buy.
If they buy the products thatyou've recommended, you get a
(04:45):
kickback, and I've been playingaround with this since September
of 2023.
And I've probably made sincethen.
I've made about I think, about$500 or so, and what's cool
about it?
It is truly passive income.
I am not set up as aninfluencer where I have a social
media for this side of mybusiness.
(05:06):
I don't do that type of stuff.
I do the videos that are onAmazon and I also have an Amazon
storefront, so I'll drop thatlink in the show notes so you
can check it out.
It's basically I've rounded upsome of my favorite items from
Amazon that helped me run asubscription box business and I
have them in a little list soit's easy for you to go and
purchase them, whether it'ssomething like a digital scale
(05:28):
or a label printer, things likethat and one is good for buyers
because they have vetted listsfrom people they trust, like me.
For example, you trust me forsubscription box advice and if I
give you this link to this listof products, you may be likely
to choose some of those products.
I would get a small kickback.
(05:49):
You would get an awesomeproduct, so it's such a win-win.
Now, I don't train people onthis.
I participate in it but I wouldlove to recommend Kathleen
Cobal.
She taught me how to do thisprogram.
I'm going to put links to herinformation and her course.
She's got this great littlecourse about it that I just
devoured in probably two daysstraight and was up and running
(06:11):
that same week, so I will putthat in the show notes.
You can check out moreinformation on that.
Amazon influencer program.
All right.
Number five you can be a virtualassistant.
What I want you to think aboutis do you have skills online
that other businesses might need?
Some quick examples would becopywriting, graphic design,
(06:34):
social media, things like thatthings that you might be really
good at that someone else mightnot be good at.
You can offer your services tothem to make money.
So it's a really great way tohelp others but also earn your
own income through this.
And you could just start out byasking on Facebook say I really
(06:57):
love doing social media.
Do you know anyone that needssocial media help in their
business?
If so, let me know if that'syou, or tag your friend below.
It's as simple as that.
Asking your own network, oreven on LinkedIn, for example,
is a great way to start withsomething like that.
So think about do you have anyvirtual skills that other
(07:17):
businesses might need?
And it can be such a win-win.
Number six you could sellservices.
Now, this is similar to thevirtual assistant, but this
would be services in person.
So that could be something likemaybe a driving for Uber or
doing DoorDash deliveries.
My husband, not long ago, hadposted in our local Facebook
(07:39):
exchange.
It's just the local communityhas a Facebook group just for
community members.
He posted in there about hey,does anyone need their leaves
blown?
This was in the fall.
Does anyone need me to comeleaf blow their yard?
And he got a few takers.
It was as simple as postingabout it and then DMing with
that person saying, okay, what'sthe size of your yard, I'll
(08:01):
come take a look and let youknow how much that would cost
per hour, that type of thing.
So what are some services thatyou could provide to people in
your community to earn somemoney?
Maybe that's house cleaning,maybe that is organizing.
What about babysitting?
Or maybe even pet sitting housesitting, gosh.
(08:23):
There's so many differentservices you could provide.
So think about that and justask in your local community, ask
your neighbors, ask yourfriends, ask the people in your
shirt.
There's going to be a lot ofpeople that really need some
help somewhere in their lifethat you could step in and do
that thing for them.
Okay, the number seven way thatyou can help fund your box
(08:44):
business is through a creditcard.
It is inevitable as a businessowner that you may need to get
either a business loan or acredit card.
In my experience, credit cardsare easier to get than filling
out information for a businessloan when you don't have any
data or you don't have anyexisting income from it if
you're in pre-launch, forexample.
(09:05):
So I highly recommend a creditcard.
Now you're going to have to dothe homework on what's the best
card for your situation.
I can't give you that advice,but I will tell you what I use.
I use the Spark Capital OneVisa and I've used it for years,
and what I really like about itis that I was able to get the
(09:25):
credit limit that I needed, andit changed throughout the years
of running my box business.
As my business grew, my creditlimit grew with it, which was
great, because the orders that Iplaced got larger and larger,
but the best part about it isgetting cash back.
So many of these credit cardswill give you cash back based
off of your purchases, and so Ithink my Spark Visa maybe is one
(09:49):
person, maybe one and a half, Ican't remember it.
I have to go look, but I willput a referral link to the
Capital One Spark Visa optionsso you can check those out.
Now you have to be careful withcredit cards.
You don't want to get in overyour head, but sometimes it is
going to be one of the best waysto get your business started,
to get you the funding you needfor some of those startup costs
(10:12):
that you inevitably will have asa product based business owner.
Okay, number eight pre-sell yourproduct.
Now we talk about this insubscription box bootcamp.
This was something that I did.
I had a zero dollar budget whenI launched my subscription box
Sparkle Hustle Grow, which I'vesince sold, but in those early
days I did a pre-sale and thatjust means selling your product
(10:36):
before it's ready, and I knowthat can be scary and you might
be wondering how can I even sellsomething that is not ready yet
?
You sell the concept of it, yousell the idea, you sell the
journey of it that they're goingto experience once they get
that product in their hands.
That could be a pre-sale ofjust a couple of days, it could
be a pre-sale of a week, or itcould be a pre-sale of an entire
(10:58):
month.
It just depends on how longyour customers will be willing
to wait for that product.
If I remember correctly I thinkmy pre-sale they had to wait
six weeks to get their first box.
But I continued to nurture them, I continued to take them on
their journey and I actuallysent each of them a $5 Starbucks
card and a handwritten thankyou note in the mail during that
(11:19):
six week time frame so thatthey could still stay engaged
and excited about receiving thatbox.
Stick with me.
We're almost done covering the10 ways to help fund your box
business.
Moving on to number nine shoparound.
What I mean by that is look atservices that you already have
and see if there's ways to shoparound and cut back on some of
(11:43):
the costs that are going out thedoor.
If you free up some of thatmoney, maybe you can redirect it
to your box business.
I'm going to give you anexample.
I'm currently in the middle oftesting out Verizon wireless
internet in my home we alreadyhave Verizon phones, okay, so
we've been with them for years,we love them, but my current
(12:04):
internet is through anothercompany and I was shopping
around and I found out that Ican save $50 a month if I switch
to Verizon, and I was shocked.
I was like what $50 a month?
Do the math on how much thatcan save you per year?
I'm literally on the newVerizon Wireless Home Internet
(12:25):
right now as I'm recording thisvideo, so I'm testing it out.
Verizon is giving me 30 days totest it out.
I've got the other Wi-Fi as mybackup right now.
I did not cancel that accountyet.
I'm testing out the Verizonside of things and if it works
well, then I'm going to keep itand cancel my other Internet.
That means $50 savings permonth.
(12:47):
What could we redirect that $50?
To Think about the servicesthat you use.
Just check your credit card,check your bank account.
What are you buying on aregular basis?
Call them up, call up Netflixor call up your phone company,
whatever you're using.
Say, am I on the best planavailable for my usage?
(13:07):
Do you have any new plansavailable that might be better
fit for me?
It's worth a quick phone calland maybe you'll be like me
where you can free up some ofthat money by shopping around.
And number 10, you're not goingto like this one.
It's cutback the same conceptof freeing up some money that is
(13:27):
going out the door already.
You might be able to free someof that up and redirect it to
your new business.
Some examples might mean someof those memberships and
subscriptions that you currentlyhave.
So look at your credit cardstatement or your bank statement
.
What are some of those things?
So maybe it might be Netflix.
I know if you don't have it,you're going to survive, it's
(13:50):
going to be okay, but maybe thatcould be something you cut,
maybe it's.
At one point we had AmazonPrime Video.
We had Hulu, netflix and DisneyPlus, and we talked about it as
a family.
We said we don't need all ofthose, so we cut back some of
those, and that freed up somemoney for other things.
So maybe it is a spending habitthat you have, maybe it is
(14:14):
Starbucks, or maybe it is anunhealthy habit that you're
trying to cut anyhow, likesmoking, for example.
How much money are you spendingon that?
Think about some of the thingsthat you are maybe just spending
a couple bucks here and thereon, but by the end of the month
it is added up to $50, $7,500.
(14:35):
So look at those things thatyou can potentially cut back,
save and or redirect to your newbox business.
So those are my 10 ways to helpfund your new box business or
come up with some cash to helpyou in your existing one.
Let's do a quick recap.
Number one sell stuff on theFacebook marketplace.
(14:57):
Number two sell clothes onPoshmark.
Number three sell books at yourlocal used bookstore.
Number four sign up for theAmazon influencer program.
Number five do virtualassistance for other businesses.
Number six sell services likehouse cleaning or leaf blowing
(15:20):
or door dashing.
Number seven sign up for acredit card that is going to
give you cash back.
Number eight pre-sell yourproduct before it's even ready.
Number nine shop around withyour vendors, your utilities,
whatever memberships you have,shop around.
And number 10, cut back.
Maybe it's cutting back some ofthose subscriptions or your
(15:42):
Starbucks habit.
Hopefully you're able to handpick a few of these.
Whatever's the most low hangingfruit.
Start there and I hope thatthis has been super helpful for
you to get in a can do mindsetversus a mindset of negativity
or lack.
You want to get into thatabundance mindset.
(16:04):
Hopefully, these 10 ways aregoing to help you find some
money to help you fund that boxbusiness.
We're cheering you on.
I know you can do this.
Look through that top 10 list.
Use the show notes for some ofthe links and references so that
you can get started on thisright away.
Thanks for listening today andwe'll see you in the next
episode.
Bye.
Popular Podcasts
Cold Case Files: Miami
Joyce Sapp, 76; Bryan Herrera, 16; and Laurance Webb, 32—three Miami residents whose lives were stolen in brutal, unsolved homicides.  Cold Case Files: Miami follows award‑winning radio host and City of Miami Police reserve officer  Enrique Santos as he partners with the department’s Cold Case Homicide Unit, determined family members, and the advocates who spend their lives fighting for justice for the victims who can no longer fight for themselves.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.