Library of ideas
Library of Ideas

crucible of experience
Crucible of Experience

stairway to a fortune
Stairway to a Fortune

Treasury of Tales
Treasury of Tales

Vault of Old Videos
Vault of Old Videos

Portfolio of Motivation
Portfolio of Motivation

Table of Negotiation
Table of Negotiation


Additional articles:

Get Rich After Retirement

Never Break the Copper Rule!

Barter Page

Second Step to a Fortune:

picture of trash can filled with aluminum cans

 

Aluminum Can Collection The Business Opportunity Available to Everyone

Vision

If you can see it, you can make it happen!

I close my eyes and visualize a can on the street.  I try to notice the backdrop, but my instincts are not yet developed enough for that.  It’s okay, there are miles and miles of streets around my house. 

Experiment Title

Picking up cans to earn big cash.

Almost anyone can make real money picking up beer and soda cans.  Winos and crack addicts do this when all else fails.  Unfortunately, after their inevitable success, they usually waste their money on a bottle of fortified wine or a rock of crack.  Each time they repeat the cycle, they make a choice.  They could make the alternate decision to use the few dollars to buy something to be resold at a profit. 

Drug addicts choose to be what they are, but they could become capitalists instead.

Retirees sometimes pick up cans to supplement their meager social security checks.  They could use the money to capitalize a new career. After a little more than 150 deals, they could retire in abundance.

Whatever financial state you are in, you can collect cans for real money to buy and sell things for a profit. 

Objective

From $ 0.01 in reserve capital, I plan to invest (risk) up to $0.01  with the expectation of returning greater than $1.00 including a profit of 1.00. I won't be deducting any expenses on this step so expenses will be minimum to zero.

I need more capital to add to the penny I started with.  I expect to gather aluminum beer and soda cans to sell for cash.  I need a little cash to buy something cheap that I can sell dear.  I don’t need much just enough to get me started. 

Almost anyone can pick up cans to earn a bit of cash.  Winos and crack addicts do this when all else fails.  They usually buy a bottle of fortified wine or a rock of crack, but each time these losers do this they make a choice.  They could make the alternate decision to use the few dollars to buy something to be resold at a profit. 

They choose to be a wino or crackhead, but they could become a capitalist instead.  Retirees sometimes pick up cans to supplement their meager social security checks.  They could use the money to capitalize a new career.  After 154 deals, give or take a few, they could retire in a totally sufficient manner.

Whatever financial state you are in, you can collect cans for real money to buy and sell things for a profit. 

I planned to fill a plastic garbage sack with cans.

Hypothesis

If I can pick up enough aluminum cans to fill a trash sack, I can make at least one dollar to start my capital fund to become a capitalist...a penny capitalist.

Procedure

I used a large black plastic garbage sack.  I just walked the streets picking up cans as I went.  If there was too much dirt in them, I skipped them as more trouble than they were worth. To avoid transportation expense, I walked to the scrap dealer.  Alternatives might be to ride a bike, or carry the collection in a vehicle until passing by for other purposes.

I have one of those folding grabber tools to extract cans from the muck. I used that when I had it; otherwise I just picked them out with my bare hands.

Sometimes it seemed folks discarded their cans in a fashion to make my job harder than it had to be.  It seemed like the first can would be on ones side of the street and the next can on the other.  I had to cross the street over and over again.  I could have done one side and come back on the other, but then I would have been right back where I started.  Eventually I learned how to move in efficient manner, but I still had to pick cans out of the mud, and sometime water (or who knows what) ran out the openings of the can.

I finally filled my sack with cans.  Some were crushed flat by rolling tires at the shopping centers and some were just bent crushed.  Altogether they filled a large plastic garbage can.  We must learn that the details of a plan never....NEVER....work exactly as we plan them.  We just continue on.  The important thing is the discipline, the learning, and the constant motion forward....even after setbacks push us back, we should continue forward motion as soon as the setback is finished. Keep our feet moving.

Results

I planned to fill a plastic garbage sack with cans.  My primary goal was to make a dollar.  If I make more than that I’ll put the extra money in a surplus fund to cover those inevitable times that I lose capital.  The surplus will keep me from having to take too many steps backwards to recover from a bad deal. Some were crushed flat by cars running them over, others were just bent double.

The scrap dealer paid me $3.26 in cash. He didn't give me a receipt and I didn't ask for one.  I didn't want to see foolish on such a small deal.  Later I realized the scrap dealer has become a rich man with small deals like this.  He wasn't ashamed of the size of the deal.

Questions

What can a penny capitalist do if he loses all his capital?  Why are there so many people unemployed while money is laying on the ground in the form of pennies...and aluminum cans?  This entry level to capitalism will be around for a long time.  When it passes another entry level opportunity will take its place for those who understand it is the same game of pennies as dollars.  Whether it is a penny or a million dollars the game is the same, only the numbers differ.

Conclusion or Final Result

So long as people drink soft drinks and beer money can be made picking up cans for scrap. I was afraid someone I knew might see me and ask if I needed help or a loan.  I had time to contemplate how pride can get in the way of a capitalist acquiring capital.  There was nothing dishonorable in what I was doing.  The end result will be something to be very proud of.

I had a penny at the beginning.  I added $3.26 with no deductions for expenses.  I now have $3.27.

As a good person we contribute 10% to a good cause= $0.33.

As a good citizen we happily set back 35% for taxes =$1.03

That is $1.91 = the penny from the first deal nets us $1.92 for the next investment with a little left over for surplus in case things go badly.

 

 

Next Step 3