For most of his life, John Cronin completed his outfits with a pair of wild socks. His older brothers often asked dad, Mark Cronin, to curb their little brother's outrageous style. But John simply ignored them.
The 21-year-old Long Island man has Down syndrome. As high school graduation loomed, he began considering what he wanted to do with his future. He knew that he wanted to start a business with his dad but wasn’t sure what type. At first, he thought he wanted to have a “fun” store; though he wasn't sure what he would sell. Then John thought a food truck seemed cool.
“One of the problems, me and my dad, both can’t cook,” John said. “Both of us are good at eating.”
But then John realized that he could turn his love of socks into a business.
“I wanted to do something fun and creative,” he said.
In November 2016, John and Cronin settled on the name of the business, John’s Crazy Socks, and designed a website and logo.
During 2017, John's Crazy Socks pulled in $1.75 million in gross sales, representing 42,710 separate orders. The online store sells 1,500 different kinds of socks, giving shoppers a lot of options from which to choose. Their inventory includes colorful variants of classic shapes including no-show, ankle, crew, knee high, and above the knee socks.
John's Crazy Socks also now employs a dozen full-time staff members, eight of which have some form of diagnosed disability.
HAPPINESS THROUGH SOCKS.
John's Crazy Socks four principles for business success:
1. Inspiration: Showing what’s Possible
2. Giving Back: 5% of earnings donated to the Special Olympics
3. Socks You Can Love: Over 1,2000 awesome socks choices
4. Gratitude: Every package has a thank you note from John and some candy
Namecheap is a domain name registrar and web hosting company.
I was excited to sit down and have an interview with Ravinder Deol, who is a a Certified Bitcoin Professional and after absorbing a lot of his content, he has one of the more sensible approached to how we approach this new financial revolution.
He's been involved in the Cryptocurrency and Blockchain space since 2013, and has seen it grow tremendously. He said he saw a white space in the structured education of it all. So he's taken it upon myself to help you get all the knowledge you need in one place!
Initially he started out by teaching live classes which then lead to the creation of B21 Block, where along with a team of co-instructors the goal is to bring high quality, engaging and practical Cryptocurrency and Blockchain education online. As of this date he's had over 83k students and currently 23 courses available but he's kind enough to help answer some of our questions here. So without further
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Buy low, sell high. It’s a simple idea that a bored accountant used to create a multi-million dollar business, and one that he says you can replicate as a side-hustle. Ryan graduated from college, pursed a career in accounting and quickly found himself wanting more in life. It started while in college, Ryan started shopping for sales in popular retail stores and buy items in bulk. But instead of purchasing what he liked, Ryan came armed with a secret weapon...an Amazon seller's account and his phone.
Ryan would find sale items in Walmart, Target and Toys R Us, then used the Amazon seller app to compare them to online prices.
Eventually In 2013 Ryan quit his full-time job paying over $50K per year to pursue making a full time income selling online. His business now does over 7-figures in sales per year and he sits down with the Marketplace to discuss just how he did it.
Chad Carson who also goes by "Coach" proves that you that you don’t need a large down payment to get started in real estate. You can even learn “how to do one of the more important parts of the rental business on someone else’s dime” if you’re smart about it.
This episode is packed with actionable advice to help get you started with a side hustle in the real estate market, as well as some long-term options to set you on the path to building long-term wealth.
Chad and I discuss;
You can learn more about Chad and his real estate business at CoachCarson.com, where he writes about using real estate investing to retire early and do what matters.
Here are a few resources from Chad to help you along:
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