Sign of The Times
I do not believe I should tell anyone that this economy is tough and many of us have been having a veryhard time. I lost my position about 4 months ago when the facility where I was employed closed down 2 of their production lines and my bro in law, Barney got his final notice last month when his company commented that they were closing the doors for good.
Both of us spent a fair amount of time and energyattempting to find new jobs but with no luck. However, we were clear on the fact that we still needed revenue to pay our bills and support our families so Barney and i decided to go into business for ourselves.
We had no clear idea on what this effort would be as my only real skill and experience was in producing washing machines and Barney had worked as a quality control inspector at a candy factory. However, my young neighbor convinced us that rap music, rappers and that hip hop lifestyle was the latest growth trend in our area today. Now I must admit that both Barney and I agree the entire’rapper scene’ is just plain stupid but if it makes cash then who are we to argue.
Somehow we made a decision to go after the jewellery segment of the hip hop market with the plan that we could start off rather small and just offer our merchandise for sale at flea markets till we could afford to open a real store. So, our next task was to find a wholesale hip hop earrings outlet.
We quickly discovered we had a major problem in that we used to be a new business with no track record and no credit report which meant that no-one would sell us any inventory apart from cash. They were all very mannered to reassure us that credit terms would be possible after we were established but it was all going to be COD at the start. We started scrambling then to find personal loans with no credit check.
Well, we ultimately got our financing together. Not really as much as we wanted but enough to at least buy some starter inventory and get the project rolling and we had also found some promising wholesale outlets that we believed we could deal nicely with. However, none of these wholesale vendors was in out city so we were going to need to travel which meant making airline and hotel reservations.
Getting the airline reservations was very easy and most of the hotels now subscribe to some type of online booking engine that made dealing with them also pretty simple.
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