This has been a good week in my entrepreneurial ventures. A lot of encouraging things have happened!! I decided against using the hot chocolate backpack for the $100 challenge and opted for the errand service after all. I figured the errand service had more of an opportunity for growth and was a more viable business option. I got a small start on marketing for the business by going to the three hotels located in Rexburg. At the first one I got to talk to the general manager who was really excited about the service and said that he had always wanted to have a business like that himself. He had a lot of ideas and good recommendations for me to consider. He recommended that instead of going straight to the consumer he suggested that I go to the small businesses in town that have competitors with delivery services but they don't. I could offer them a cheaper option than starting their own delivery service and do it for them. This would mean that they don't have to hire a driver, or pay insurance for the driver and their vehicle. I have a few friends who might be on board to help me cover all the deliveries so next week I will start going around to restaurant owners.
As for the reading I have done this week I have already made a pledge to avoid excessive debt and not have a credit card but all of the reading has reaffirmed that decision and strengthened my resolve. As a student I will have to take out some student loans but will not take out more than I need.