The Covid-19 virus and lockdown have changed things, somewhat.
Brexit changed things somewhat.
Things will change again, somewhat more.
Having worked, over the years, for a number of corporations either American or with strong American influences, the path we are headed down, is strongly American. American colleagues get PTA (paid time off), not holiday. They are guaranteed only 8 days annually - everything else is discretionary. They got into work when they are ill, because labour laws allow arbitrary dismissal.
They, by and large, have a ‘side hustle’ going on; a secondary source of income. They quite often have second jobs too.
And what has this to do with an obscure blog called “Three Fivers”?
The title is a nod to the Three Tenors concert which was huge, way back when, because something popular (football) mixed with something relatively unpopular (opera).
Brexit changed things somewhat.
Things will change again, somewhat more.
Having worked, over the years, for a number of corporations either American or with strong American influences, the path we are headed down, is strongly American. American colleagues get PTA (paid time off), not holiday. They are guaranteed only 8 days annually - everything else is discretionary. They got into work when they are ill, because labour laws allow arbitrary dismissal.
They, by and large, have a ‘side hustle’ going on; a secondary source of income. They quite often have second jobs too.
And what has this to do with an obscure blog called “Three Fivers”?
The title is a nod to the Three Tenors concert which was huge, way back when, because something popular (football) mixed with something relatively unpopular (opera).
I wanted to explore whether it is possible to create money - wealth - from limited means, ten or fifteen pounds for example. This is simply because an increasing number of us will have to in the immediate future.
A lot is made of the Silicon Valley entrepreneurs and their entrepreneurial spirit. If you really want to see entrepreneurial spirit however, go to Dhaka, or Cairo, or Hanoi. These people are entrepreneurs because if they are not, they die.
Can somebody in the UK create three money-making businesses from £5 investment each? We’ll find out.
A lot is made of the Silicon Valley entrepreneurs and their entrepreneurial spirit. If you really want to see entrepreneurial spirit however, go to Dhaka, or Cairo, or Hanoi. These people are entrepreneurs because if they are not, they die.
Can somebody in the UK create three money-making businesses from £5 investment each? We’ll find out.
What's the plan? This fiver is burning a hole in me pocket! :D
ReplyDeleteVery interested to hear your ideas on this.
Happy to help trial this, I spent a lot of time researching possible projects few years ago but didn't follow up. Self confidence =big problem, success will depend on self belief +encouragement +learning +skill sharing +lots of other factors including resources, location etc. But good to explore opportunities. Watching with interest. WVW (Twitter)
ReplyDeletePrior to lockdown, I had been taking the money I saved on a train fare to work, £5.80 a day, when I cycled and bought Crypto Currency, bitcoin and alt coin. Lost about 50% of its value when corona hit, but had recovered a lot quicker than a lot of stocks. It did conform what I read that it is very volatile, if you like risk taking then worth a look.
ReplyDeleteMake something a million people or more can contribute a fiver to - a crowdfunded people's pub company - and get more than a fiver back from in kudos quids, feel good vibes, and beer and social returns based on saving, improving and sustaining our national Sense of Place THEN you'd make something really powerful out of a lot of fivers and not one person who contributed will take a significant risk, no matter how poor they are
ReplyDelete