The point of our research is to help people see the robustness of a given innovation. By now we thought that our little homeless street ventures or bamboo farms would be stable and growing in number and volume. But so far, we have little to boast. In that way we share good company, because even giants like Goldman Sachs, Warren Buffett and Michael Porter are struggling with their small business launch targets. And they’ve got a $500 million bankroll for their venture, which is called “10,000 Small Businesses”. The challenge of seeding entrepreneurship is greater than expected.
Our current white paper is The Time/Support Conundrum – it details the reality that our ventures either take a lot of time (the bamboo farms take four years) and not much ongoing support – or vice versa.
Simple small businesses that can be replicated again and again are possible. In fact, we challenge any doubters to take us up on this offer: Let Duff show any non-believer how any homeless person can make over $100 in their very first day with just a bit of encouragement – using any of the proven little businesses found here under ‘kits’.
The trouble is that our experience shows that the new entrepreneur doesn’t keep at it for long after his initial success.