Part Time Jobs for Traders

SBD, I have a business idea for you. I think it would work in a major metropolitan area where there are many shops in a small area. There may be implementations of this around already, I dunno.

The idea is based on the following premises:

* There are many places that have good food but don't deliver
* Relatively few places let folks order online
* Menu information is a pain for restaurants to keep updated online

Execution:

- Build a website with menu/hours information from 10-15 local places, update it weekly (embrace this pain)
- Allow customers to submit orders from 1 or more places online or over the phone (forwarded to your PDA)
- Arrange for the order, email confirmation and est. delivery time
- Charge fees on top of tips

Improvement:
- Add more menus, formalize partnerships, optimize driver scheduling

The basic business case is that order and delivery can be something that is separated from the business' core competency (making food) - like how UPS/Fedex is separate from Amazon or NetFlix.

Customer benefits include: one URL (or phone number) to know, standardized high level of service, order from multiple shops in one place

Anyway, just off the top of my head..
 
well didn't you say you had to lie to get your job? maybe you're defining lieing as being smart. :)

Quote from lolatency:

Don't believe the news. The people they show are always losers if you go dig up the dirt. There is ALWAYS a need for competent people. It's the dumb ones who have to worry. If you're convinced you are better than other people you know in one dimension or another, then you will be able to make it.

Yeah, economy is very bad. Job market is dead. However, smart people will still be better off than dumb people. It's just how it works. See yourself as that smart guy who knows how to do something better than the others and sell yourself there.

Even in the third world where there are no economies, there are smart guys who're better off than all the others who're starving and falling dead over into the sand. We're not quite -that- third world yet. We will be, thanks to Obama, but we're not there -yet-.
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Quote from Anaconda:

LOL, no you copied it. There is already a service or two in NYC doing that.
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Give me a break. I don't have time to search for companies already doing some idea before posting to ET. I'm long past thinking my ideas are always original. I was trying to think of how a delivery guy can add value. 'Scuuse me for trying to help out.

And what are you doing here?
 
If you are young and w/ out a family I'd suggest going to sea on a merchant vessel.

MSC is a great place to start, 1st yr w/ no experience 50K, 2 nd yr and on 100K (with Able Seaman endorsement).

Its not bad work, you get to go all over the world, the ships have gyms as good as any Gold's and the food is decent to good and as much as you care to eat.

If you are a good swimmer you can train with Seals/Rangers to become a Rescue swimmer and get paid to work out 4 hrs a week, and this designation ensures you always get on the highest paying ships.

While the money is good... what makes it fabulous is that you live for FREE on the ships and if you careful with your money you can save almost all of it!

Great way to build up a bankroll!!!

Aloha, 3rdocagt
 
Quote from bidask:

well didn't you say you had to lie to get your job? maybe you're defining lieing as being smart. :)
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Maybe, in tough times that's what you have to do. When I say I was a liar, I mean to say that I didn't list my roller-coaster life story on my resume. When I used to, people used to question why I couldn't stick to anything. Obviously, I learned from my mistakes and got rid of what caused concern on my resume.
 
Quote from eudamonia:

Love your idea to help those that helped you build your business. There are a few businesses out there today still doing that - but I admit it is very rare. Especially in the food business.
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It’s not just about helping those who have helped build your business, it’s about starting a Revolution. Anybody can pay people good, but I want to start a whole new way of doing business. How much more can be accomplished if a rich person takes a million dollars a year and gives 20 people a good job? They will produce goods and services that will help the business grow further. Even in this hard economic environment, there is money out there. I guess you just need to know who to take it from and what to do with it. I guess it’s hard for me to say exactly what I’m thinking, but I don’t want the employees to be a part of the business, I want them to be the business. We can accomplish so much together, if we stand up with each other.

Quote from eudamonia:

One word of warning. Trading is very difficult and very expensive. My trading tuition was in terms of thousands of hours and tens of thousands of dollars. There are no short-cuts. But if you have the burning passion to think, talk, breath, and dream trading you may have a chance. Obsession my wife calls it :D

Good luck.
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Yes I am obsessed with trading. It’s a passion. I hate weekends. You learn by doing, not through education. In my opinion. If your wife understands this, she is a golden woman. Treat her well, she is worth keeping.

"It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself for a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
 
Quote from QQQBALL:
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the gasoline is obviously the problem... you need to go mobile at your day job, but cut on the duel expense.

sandy goes long ES while OJT. :p

get a job waiting tables or bartending. i did that while at college... i worked at a great bar & waited tables at a very expensive French restaurant. all things considered, the pay was excellent.. try to work up to a place with a good wine list - nothing like getting 15% or more on every bottle of wine you open.

catering woud be a great gig, but you would probably need another job to supplement, so why bother? [/QUOTE]

That’s funny, except that is why they made the iPhone!

Everybody says I should just get a stable good paying job that will allow me to do work on other things. But that’s exactly what I was doing wth pizza delivery. It used to be worth it. I could easily make $50-100 in tips plus minimum wage per night. This left the days free to trade or start a business. The problem is this is nothing like is used to be. Last night I made $50 for the first time in a couple of weeks. 5 years later, I have made no money trading or in business, have wasted years doing a crap job and have gained no experience in doing what employers want (except maybe driving and food service). So what I’ve relied on for years is not working and combined with the very tight job market makes things very difficult.

I went to a group job interview the other day for warehouse jobs. I think there were over 60 people there. These are $9-11 jobs. There were so many people they just wrote our names down and scheduled us for individual interviews in a week. This is really bad. Supposedly I live in the 12th richest county in the country.

By the way, the gas is no problem at all. I just filled up on Wednesday, it cost me $27. Compare this to the summer when it was over $60. I know in a few days I will spend another $30 on gas. This is predictable. I was still making good money in the summer paying $4 a gallon. I wish gas would go back to $4 a gallon, at least people ordered pizza then. Good people at least.

The problem is the repairs. It is not worth it anymore. A few nights ago I put 55 miles on my car and only got $5.16 in mileage money (86 cents a delivery). This is in addition to the $4.50 an hour I get. When I get a no tip (because people think the $2 delivery charge goes to me when really I get none of it), not only do I make below minimum wage, but I have to pay out of pocket for the extra car expenses because they don't give me enough. A week ago my car broke down and it cost me $1300 and I missed three days of work. How many pizza's do I have to deliver to pay for that? Over 2000 orders, I guess. Cars are made to break down, that’s how they keep making money. You want to know why we don’t have electric cars? Watch “Who Killed the Electric Car.” This will explain one of the main reason we don’t. Electric cars are very simple, unlike gas cars. They don’t require much maintence. Compare this to for instance a pizza oven. These are very expensive (over 40K+) big ovens with many moving parts that run the oven at 450 degrees, 12 hours a day, 7 days a week. Yet, they hardley ever break down. Usually we might need to call a repair man about every 6 months. They usually fix it in about 15 minutes.
 
Quote from drjmpc:

Sandybestdog:

Buddy, there are couple of reality checks here:

1. the federal minimum wage is [or has already gone] up to $7.00/hr. Every firm that I am aware of in my state [Ohio] has already recognized that. ….
….4. Lastly, continue to maintain insurance license and study for the Series 65 as well as the CMT/series 86 so that you can transition away from the second job and into second business/enterprise that will begin to get you profitably focused on finances again. Upon completion of this, you can legally [with the proper corporate structure & state or SEC registation] hold yourself out to the public as a Financial Planner/Investment Advisor and be paid for advice on planning and investing. It is not easy, but you will be able to right off some of your activities in relationship to trading, though you might have set up your trading business account as a incubator hedge fund or a proprietary trading firm.


I know that I am making it sound more simplistic than it is [I make alot more than you, and I am still going through the exact same steps], but it is a doable plan just more of a mid term plan -- like 3+ years time.
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Thanks for the advise. I think the minimum wage is $6.55. My company pays me $4.50 an hour because they are claiming a tip credit. It’s not like we ever actually count the tips at the end of the night to see if I made minimum wage, it’s just assumed. Like I said earlier, it won’t be long until they just say we aren’t going to pay you anything, work just for your tips. People would still come to work. Also I spend usually up to half my time there doing other things such as cooking, cleaning, answering phones etc. while not on the road. It’s a way the company can get cheap labor. Hire a bunch of drivers, pay them below minimum wage and make them do a bunch of work that would cost more money if anybody else was doing it.

I think you guys are somewhat missing my point here. While pizza delivery may not require much brain power, it still provides a good service. If you think your pizza is expensive now, imagine how much it would be if the company had to purchase all of its own cars, insure them and maintain them. The fact that I have a vehicle that the company employs me to use is of great benefit to them. People underestimate the value of a car. Obviously my company values it at $4.50 an hour and 86 cents a delivery.

Like I said I have a Life and Health license, I used to have a Series 6 (it’s elapsed). I missed the Series 63 by one question. You don’t think that financial advisors are become obsolete in this age? Look at all of the supposed experts on Wall Street that are now out of a job because they made bad decisions. I think mutual funds are becoming obsolete because of etf’s. I look at my parents 401k and all of the expense ratio’s are .50-1.50%. What is SPY, I think .20% These financial service company’s have been raping people for years. Any idiot can pass the series 6. Most of the stuff on their I already knew. Actually I still have never figured out how a bond works, but I was licensed to sell them. Am I correct, a bond bought for 118 is only paid 100 at redemption, plus whatever interest, I guess. If the bond were to go down, the interest would go up?
 
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