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£100 Start Up Ideas 
& Business Tips by 
Vince Stanzione 
Business Start-up Show 28th November 2014 
www.themillionairedropout.com
3 minute background 
Started first business aged 11, 
computer games on tape. First 
real £100 business was car 
phones. 
Mail Order Business Model
Don’t make lack of resources an excuse 
Its not a lack of resources 
that is stopping you its lack 
of resourcefulness. If you 
want it badly enough you 
will find a way. 
Just DO IT! – Don’t wait for everything to be perfect – it never will be
People find it hard 
to deal with big 
numbers – tasks – 
break it down 
Turning 1p into over 1 million 
Step 1 find 1p 
Step 2 1p-2p 
Step 3 2p-4p 
Step 4 4p-8p 
Step 5 8p-16p 
Step 6 16p-32p 
Step 7 32p-64p 
Step 8 64p-£1.28p 
Step 9 £1.28-£2.56 
Step 10 £2.56-£5.12 (Call it £5 to make it easier.) 
Step 11 £5-£10 
Step 12 £10-£20 
Step 13 £20-£40 
Step 14 £40-£80 
Start small but think BIG – how can you scale up your business?
People find it hard 
to deal with big 
numbers – tasks – 
break it down 
Step 15 £80-£160 
Step 16 £160-£320 
Step 17 £320-£640 
Step 18 £640-£1,280 
Step 19 £1,280-£2,560 
Step 20 £2,560-£5,120 (Call it £5,000 to make it easier.) 
Step 21 £5,000-£10,000 
Step 22 £10,000-£20,000 
Step 23 £20,000-£40,000 
Step 24 £40,000-£80,000 
Step 25 £80.000-£160,000 
Step 26 £160,000-£320,000 
Step 27 £320,000-£640,000 
Step 28 £640,000-£1,280,000 
Start small but think BIG – how can you scale up your business? 
Vince Stanzione C MMXIV
Don’t be afraid to ASK 
Steve Jobs aged 12 called Bill 
Hewlett and asked for some 
spare parts. Hewlett gave Jobs 
the parts and a summer job. 
Search youtube “jobs on 
failure” 
The Power of Asking – Don’t be afraid to ASK and don’t be afraid to fail
Ideas are worthless 
Ideas? 
“We’ve had ’em since Eve 
mated Adam, but take it from 
me Execution’s the key.” 
Felix Dennis – How to be Rich 
An average idea with good execution beats a 
brilliant idea with poor execution
Your don’t have to be First or the Only one 
“Vince its already been 
done….” 
If no one has done something 
- that is worrying. Pioneers 
get arrows in their back. Why 
do you see fast food outlets all 
next to each other? 
No shame in being 3rd,4th,5th
3. Be Market Driven, Not Product Driven 
Find out what the market 
wants and who you can sell to 
before creating or buying 
products. I explain exactly how 
to do this in my book and how 
to test ideas with little or no 
money. 
Find out what people are buying – Give them what 
they want – WIIFM
People buy what they ________ not 
what they ________ 
Never Sell P______ always sell C____ 
The Mind of the Buyer
Getting paid by the Hour – 
is a bad deal 
Don’t trade your time for 
money 
Let’s say you earn £100 an hour and you work 10 hours a day, 5 days a week, £5000 – 
but you have just capped yourself. If you own a product or are being paid a royalty how 
much can you make in the same week? – I make money while I sleep. 24 hours a day 
365 days a year someone worldwide is buying my product without me having any 
involvement – Interested in doing the same? 
Be an IP (intellectual property) Owner not a Worker
Examples of Intellectual Property (IP) that you can own 
Books, EBooks, Newsletters, sales letters, 
Templates, Websites, Video Files, Audio 
Files, DVDs, CDs, Domain Names, Patents 
& Trade Marks, Logos, Photos, Graphics 
and software are just a few examples 
Owning IP
High Margin Products – Low Development Costs 
We don’t want to go into competition 
with Tesco or Wal-Mart – we are not 
interested in low margins or price wars 
We want high margin products 
Sell High Margin Products
Realise that Marketing Is the Key 
No enquiries means no orders. No orders 
means no money. 
No money means no business. No business 
means you’re out on the street! 
—Vince Stanzione 
The reality is that marketing makes or 
breaks you. You must advertise, use press 
releases, direct mail, the internet and any 
other method that will effectively spread 
the word about your product or service. 
Marketing & Sales should be your main focus – outsource the rest
Put Customers First – Repeat Business 
Realise that a one-off 
sale/order will not make you 
rich. It’s repeat business 
that counts. 
Build up a relationship with customers. Be a friend, not a salesman
What People are Buying – What Are they 
interested in? 
Earning Money 
How To Make Money As… Be a – Avoid work and 
effort – Quick, Easy, Simple 
Improving Health 
Look Good – Feel Great – Weight loss – Grey £ over 50’s 
Saving Time 
Everyone is so “busy” these days 
Being Appreciated 
Feel Special, Wanted and Liked. Improving 
social status (social media)
What People are Buying – What Are they 
interested in? 
Improving Appearance 
People want to be fashionable 
Avoid Losing Money 
After making money most will be fearful of losing it. Security 
and comfort in old age 
Attracting the opposite Sex 
Relationships 
Leisure time – niche interests 
Sports, travel, writing, painting, surfing, 
Hobbies
Selling to the over 50’s – BIG MONEY 
Grey or Sliver pound now accounts for 
£320billion of consumer spending, £100billion 
more than nine years earlier. 
Over 50s accounted for 41 per cent of overall 
consumer spending 
The over 50s account for over half of UK 
household expenditure on health, recreation and 
culture, alcoholic beverages, restaurants and 
hotels 
Media continue to focus on 21 to 34 age group 
yet they have less money to spend 
Over 50s account for 76% of UKs financial wealth
You Don’t Have to Know it All 
You can outsource most tasks, 
license products, buy resale rights, 
have someone else write a book for 
you, or research a product. 
Thanks to the global marketplace 
and sites like 
fiverr.com, elance.com, guru.com, 
almost any task can be outsourced 
at a reasonable price. 
You can have a multi-national business with no staff thanks to outsourcing
Be Ready for Change 
One thing in business is certain, 
and that is that there’s nothing 
certain in business! Things 
change, often very quickly. 
Today’s big seller is tomorrow’s 
totally unfashionable item (ask 
Blackberry). Keep your eyes 
open, watch out for new trends 
and markets. 
Don’t be afraid of change - a small business can react quickly and profit 
from change
Start Your Own Business 
Whether it’s part-time to begin 
with, acting as an agent, or 
consulting to a few customers 
alongside your existing job, start 
your own business and be proud 
about what you do. You are not 
going to get rich working for 
someone else. 
You don’t have to go all in…
Don’t Quit, Believe in Yourself 
Stress, problems, new challenges, frustration, and let 
downs are part of everyday business life. If you hide 
away in a corner whenever something goes wrong, 
you won’t survive in business long. You’ll get knocked 
down. It happens and it’s acceptable. 
The question is, do you keep bouncing back up again? 
You must bounce back, learn from your mistakes, and 
keep going. Stay on the ground for too long, and 
that’s where you’ll be forever. Get up, fight back, and 
you’ll be a winner. 
Everything is possible, and if you want something 
badly enough, you’ll get it. 
Keep Moving Forward
Available in print, 
kindle, ibooks and 
audio format 
Business Start-Up Show 28th November 2014 
www.themillionairedropout.com

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£100 Start Up - Millionaire Dropout Slides from Business Start Up Show

  • 1. £100 Start Up Ideas & Business Tips by Vince Stanzione Business Start-up Show 28th November 2014 www.themillionairedropout.com
  • 2. 3 minute background Started first business aged 11, computer games on tape. First real £100 business was car phones. Mail Order Business Model
  • 3. Don’t make lack of resources an excuse Its not a lack of resources that is stopping you its lack of resourcefulness. If you want it badly enough you will find a way. Just DO IT! – Don’t wait for everything to be perfect – it never will be
  • 4. People find it hard to deal with big numbers – tasks – break it down Turning 1p into over 1 million Step 1 find 1p Step 2 1p-2p Step 3 2p-4p Step 4 4p-8p Step 5 8p-16p Step 6 16p-32p Step 7 32p-64p Step 8 64p-£1.28p Step 9 £1.28-£2.56 Step 10 £2.56-£5.12 (Call it £5 to make it easier.) Step 11 £5-£10 Step 12 £10-£20 Step 13 £20-£40 Step 14 £40-£80 Start small but think BIG – how can you scale up your business?
  • 5. People find it hard to deal with big numbers – tasks – break it down Step 15 £80-£160 Step 16 £160-£320 Step 17 £320-£640 Step 18 £640-£1,280 Step 19 £1,280-£2,560 Step 20 £2,560-£5,120 (Call it £5,000 to make it easier.) Step 21 £5,000-£10,000 Step 22 £10,000-£20,000 Step 23 £20,000-£40,000 Step 24 £40,000-£80,000 Step 25 £80.000-£160,000 Step 26 £160,000-£320,000 Step 27 £320,000-£640,000 Step 28 £640,000-£1,280,000 Start small but think BIG – how can you scale up your business? Vince Stanzione C MMXIV
  • 6. Don’t be afraid to ASK Steve Jobs aged 12 called Bill Hewlett and asked for some spare parts. Hewlett gave Jobs the parts and a summer job. Search youtube “jobs on failure” The Power of Asking – Don’t be afraid to ASK and don’t be afraid to fail
  • 7. Ideas are worthless Ideas? “We’ve had ’em since Eve mated Adam, but take it from me Execution’s the key.” Felix Dennis – How to be Rich An average idea with good execution beats a brilliant idea with poor execution
  • 8. Your don’t have to be First or the Only one “Vince its already been done….” If no one has done something - that is worrying. Pioneers get arrows in their back. Why do you see fast food outlets all next to each other? No shame in being 3rd,4th,5th
  • 9. 3. Be Market Driven, Not Product Driven Find out what the market wants and who you can sell to before creating or buying products. I explain exactly how to do this in my book and how to test ideas with little or no money. Find out what people are buying – Give them what they want – WIIFM
  • 10. People buy what they ________ not what they ________ Never Sell P______ always sell C____ The Mind of the Buyer
  • 11. Getting paid by the Hour – is a bad deal Don’t trade your time for money Let’s say you earn £100 an hour and you work 10 hours a day, 5 days a week, £5000 – but you have just capped yourself. If you own a product or are being paid a royalty how much can you make in the same week? – I make money while I sleep. 24 hours a day 365 days a year someone worldwide is buying my product without me having any involvement – Interested in doing the same? Be an IP (intellectual property) Owner not a Worker
  • 12. Examples of Intellectual Property (IP) that you can own Books, EBooks, Newsletters, sales letters, Templates, Websites, Video Files, Audio Files, DVDs, CDs, Domain Names, Patents & Trade Marks, Logos, Photos, Graphics and software are just a few examples Owning IP
  • 13. High Margin Products – Low Development Costs We don’t want to go into competition with Tesco or Wal-Mart – we are not interested in low margins or price wars We want high margin products Sell High Margin Products
  • 14. Realise that Marketing Is the Key No enquiries means no orders. No orders means no money. No money means no business. No business means you’re out on the street! —Vince Stanzione The reality is that marketing makes or breaks you. You must advertise, use press releases, direct mail, the internet and any other method that will effectively spread the word about your product or service. Marketing & Sales should be your main focus – outsource the rest
  • 15. Put Customers First – Repeat Business Realise that a one-off sale/order will not make you rich. It’s repeat business that counts. Build up a relationship with customers. Be a friend, not a salesman
  • 16. What People are Buying – What Are they interested in? Earning Money How To Make Money As… Be a – Avoid work and effort – Quick, Easy, Simple Improving Health Look Good – Feel Great – Weight loss – Grey £ over 50’s Saving Time Everyone is so “busy” these days Being Appreciated Feel Special, Wanted and Liked. Improving social status (social media)
  • 17. What People are Buying – What Are they interested in? Improving Appearance People want to be fashionable Avoid Losing Money After making money most will be fearful of losing it. Security and comfort in old age Attracting the opposite Sex Relationships Leisure time – niche interests Sports, travel, writing, painting, surfing, Hobbies
  • 18. Selling to the over 50’s – BIG MONEY Grey or Sliver pound now accounts for £320billion of consumer spending, £100billion more than nine years earlier. Over 50s accounted for 41 per cent of overall consumer spending The over 50s account for over half of UK household expenditure on health, recreation and culture, alcoholic beverages, restaurants and hotels Media continue to focus on 21 to 34 age group yet they have less money to spend Over 50s account for 76% of UKs financial wealth
  • 19. You Don’t Have to Know it All You can outsource most tasks, license products, buy resale rights, have someone else write a book for you, or research a product. Thanks to the global marketplace and sites like fiverr.com, elance.com, guru.com, almost any task can be outsourced at a reasonable price. You can have a multi-national business with no staff thanks to outsourcing
  • 20. Be Ready for Change One thing in business is certain, and that is that there’s nothing certain in business! Things change, often very quickly. Today’s big seller is tomorrow’s totally unfashionable item (ask Blackberry). Keep your eyes open, watch out for new trends and markets. Don’t be afraid of change - a small business can react quickly and profit from change
  • 21. Start Your Own Business Whether it’s part-time to begin with, acting as an agent, or consulting to a few customers alongside your existing job, start your own business and be proud about what you do. You are not going to get rich working for someone else. You don’t have to go all in…
  • 22. Don’t Quit, Believe in Yourself Stress, problems, new challenges, frustration, and let downs are part of everyday business life. If you hide away in a corner whenever something goes wrong, you won’t survive in business long. You’ll get knocked down. It happens and it’s acceptable. The question is, do you keep bouncing back up again? You must bounce back, learn from your mistakes, and keep going. Stay on the ground for too long, and that’s where you’ll be forever. Get up, fight back, and you’ll be a winner. Everything is possible, and if you want something badly enough, you’ll get it. Keep Moving Forward
  • 23. Available in print, kindle, ibooks and audio format Business Start-Up Show 28th November 2014 www.themillionairedropout.com