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Diversify Your Business… FREE Training

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Thank you for being a follower of my teachings. I am going to be holding a very special training next Wednesday that I haven’t offered to anyone in about 5 years. It is all about how to add an additional profit center to your event business (which most of you that follow me either have a DJ or Photo Booth Business). This additional service is offering outdoor movies. It fits very well with any event business and you can actually hire someone to run it all for you (in case you like running your booth or DJ biz better on the same night). We charge about $1,500 for each movie we show so you see it can add up quickly.

I will be doing the training twice next Wednesday. You can get more details and register by going to: http://events.profit911.biz/movie-training-registration/

Do it now before you forget. You will also be able to download the notes for the webinar right after you register so you can look over those and see a little more about what I plan to cover and if it is worth your time to attend.

In the interest of full disclosure, I did sell my outdoor movie biz a few years ago for a nice profit and am relaunching right now as well. We STILL get calls for the movies and have been out of the business for 4 years. It is time to start making money again.

Have a great weekend!

Justin Miller
Chief Strategist
Profit 911 Consulting
Continue the conversation at: www.facebook.com/profit911

P.S. This free training is next Wednesday only. Register at: http://events.profit911.biz/movie-training-registration/

It burnt to the ground

anchor

Your business tip today comes from learning from someone else’s worst nightmare. It was a little after four yesterday afternoon I got a text from a good friend that said “Anchor Lumber is burning down at this very moment. Crazy!” Well I had to see for myself so I headed down there a couple times and sure enough the building was pouring out smoke so thick you couldn’t even see all the fire trucks. You could smell it from half a mile away. Five fire departments responded with over 10 trucks.

The scene this morning when I drove by didn’t look very promising. Still one fire truck on-site, some heavy equipment moving rubble, and restoration companies boarding up what is still standing. Thankfully nobody was hurt.

The interesting part of this is that I called another friend who used to work there and asked him what he thought about the workers not having a job anymore. His response shocked me. He stated quite confidently that he bets that they will all have paid vacation until something is figured out.

Regardless of whether he is right or not, think about that. Can you business survive a catastrophe like this? Do you workers have so much confidence in the business that they wouldn’t be worried? You need to plan for the worst.

Here are a short list of things you need to have contingency plans for and that I will once again be looking over in my business.
FIRE
Severe weather
Power Outages
Equipment Failure
Theft
Flooding/Water Damage
Electrical Surges
Staff resignations/terminations
Unexpected bills
Vehicle trouble
Legal changes
Illness and hospitalization
Injuries
…and of course a ton more.
I don’t want to scare you but you will sleep better at night knowing you have a plan.

Best wishes,
Justin Miller
Chief Strategist
Profit 911 Business Consulting