How You Can Become a Low-Tech Millionaire
In this article you are going to learn precisely how high school dropout and teen mom, Robyn Collar, went from broke to approaching Millionaire status in about 3 years.
How to become rich? How to become a millionaire? How to make extra money? These are all questions that thousands of people ask every day either to themselves, or on a search engine such as Google. If you happen to be one who asks such questions consider it a good thing!
Have you ever read a success or a wealth creation type book and the author will say something like “if you have made it this far in the book then you have already done more to succeed than 70% of the population” or some similar number. Sound familiar? The point is that you have to want it. You have to be driven to succeed, to search for answers, to conduct research and study the success of others. If there is not drive or desire to succeed we regulate ourselves to mediocrity.
We all have known people who think that the only way to succeed is to work a job for 40 or 50 years, and if you do have a desire to start a business and become wealthy, well then you must be just a dreamer.
If you are someone who is searching for a way to create wealth, or ways to make money, then that tells me that you still have hope! My purpose is to build on that hope and give you reason to believe that you can succeed, you can become a millionaire and you can make a lot of extra money. I won’t guarantee that you will make money fast, but with the free enterprise system you have an awesome chance to succeed. Allow me to offer proof!
Just a few years ago a young lady in California took two items that have been around for a few hundred years and a few thousand years respectively. She sat down at her kitchen table and began to create a product with her own hands. No patent searches, no thousands of dollars paid out to patent attorneys, no complicated electrical circuits to build. She just took a sewing machine and some material and began to sew her own baby carrier primarily because she could not afford to buy a stroller for her new baby. The story goes something like this;
Invention or Product Development?
The term invention conjures up all sorts of images from scientist in lab coats to questionable “Invention Help” companies more than eager to take your money. But as in the case of Robyn Collar and her kitchen table start up BabyHawk (a Chinese inspired baby carrier), Robyn did not need the help of an invention company and did not even need patent protection (although I am sure she received Trademark protection). Robyn simply created her own version of an ancient concept of carrying your baby close to your body, either in front or behind you. I am not sure if Robyn was looking for ways to make extra money when she sewed her first baby carrier, but it wasn’t long before she was bitten by the entrepreneurial bug.
Now tell someone you are an “inventor” and I promise you will get some strange looks. But tell someone you are developing a product and you may get a whole different response. “Product development” is still inventing but perhaps without all the mental hang ups for you the inventor, or your friends and family.
Being a successful inventor does not require a degree, or a patent, or even tons of money to get started. It will however require you to think creatively, and positively, and to have a certain amount of faith in yourself, your new idea and your desire to make extra money.
How to be a Millionaire
Create a product or service that people value. Exchange that product or service for money. Develop a system whereby you can market your product or service to the masses. Remember, the more value you provide to the world the more money you will make.
In 2005 Robyn Collar and her husband were struggling financially like many American couples. Her husband’s $11.00 an hour job at Home Depot just wasn’t enough to cover all of the family’s expenses. In addition, they had a new baby and Robyn could not afford a store bought baby carrier. She liked the idea of the Chinese inspired soft baby carriers called Mei Tai, and decided she could probably sew one herself- at home.
Prior to this she had never sewed anything except perhaps a set of curtains, but she did not let inexperience stop her. Friends were so impressed with her work that they encouraged her to start sewing and selling the carriers online. Robyn did some product testing on eBay which was encouraging. By June of 2005 she had launched the website and business- BabyHawk Baby Carriers. BabyHawk was her son’s nickname since he had been born with what appeared to be a tiny natural Mohawk-hairdo.
How to Make Money from Home
Robyn’s kitchen table start up grew quickly and in less than 3 years, by 2008, sales of the BabyHawk had exceeded $1 Million. Robyn believes that part of the success of the company is due to the fact that baby carriers are cheaper than strollers, so they are a more affordable option and despite swings in the economy people don’t stop having babies.
As the business grew it moved from the proverbial kitchen table, to an 1800 square foot warehouse, then it moved again to a 5000 square foot warehouse. By 2010 the company had ten full time employees who did all of the sewing in the U.S., and her baby carriers were being sold in over 250 retail outlets worldwide. According to Robyn about half of the sales are online, and about half are through their retail partners.
The carriers come in three different styles; One for infants, one for toddlers and the “Oh Snap” for up to 45 lbs. But customers are also free to come up with their own design choosing from over 300 different fabrics and over 10 different strap colors. One of the most popular selling carriers is the Black Calaveras, which has red straps, but the design on the back is a black background with colorful skull designs. Who would have ever thought that a child carrier with skull designs would prove to be the most popular with parents today? The company’s motto now is “The cure for the common baby carrier.”
Robyn has since expanded her product line to include BabyLegs, a line of leg warmers for babies, and “Hoodies” for babies simply named BabyHawk Hoodies. The BabyHawk website even offers Gift Registry and E-Gift Card services. In September of 2010 Robyn described her business to a San Diego Channel 4 reporter as a “multi-million dollar business” making and selling over 20,000 BabyHawk child carriers a year.
How to Make Money Fast
Think about it, from kitchen table startup to $1 Million in sales in less than three years. That is how you make money fast people. You will not do this overnight, but Robyn has shown that you can do it in about three years. Many are still looking for a shortcut, but I suggest this is the shortcut for creating wealth in your life! Develop a simple product, set up a manufacturing and marketing system and keep tweaking it until you are getting the results you want and the income you want.