Today I realized that if I keep doing this business until I'm a lot older, I could become a millionaire! Mom says that will take a lot more work and means I should keep reinvesting into my business. So, maybe I won't be a millionaire, but I think I am the richest 7 year old I know! I had two sales this week and that means I got $4 ($2 each, that's what I get to keep from each sale right now until my investors are all paid off--and one more sale will do that!). After 10% to tithing and 50% to mission, I get $0.80 a sale. Dad helped me set up an account for my mission fund at EmigrantDirect.com so I get free money added on to everything I save (Dad says they pay me interest so they can use my money when I'm not using it and since I won't need it until I'm 19, hopefully that will be a bunch of free money!). I like that idea.
Tonight I had to spend about an hour sorting worms for one of my orders (2 pounds, so that's about 2,000 worms. Luckily I got a scale to weigh them so I don't have to count them all or I'd be up ALLLLLLL night!). Then I had to sweep and mop up the mess I made. I didn't know my business would have so much cleaning involved. But the exciting news is that tonight I also finished the bedding for my new worm bin so the worms can start working on new bedding and I'll have vermicompost to sell! Mom says she wants to buy some for her tomatoes this year but I'll still have a bunch more if anyone's interested. If you don't want the vermicompost, you should think about getting worm tea or worm tea bags to make liquid fertilizer. It's way better for your plants than the chemicals you get at the store and it will make your plants and garden really happy.
I have to deliver my worm order at 5 in the morning tomorrow, so I better get to bed since it's already way past my bedtime.
Good night (maybe I'll dream about being a millionaire)!
Friday, May 8, 2009
Sunday, April 26, 2009
Cardboard Crazy!
To just get one bin ready for my first sale, I have to cut cardboard, lots of cardboard! Today is Sunday and I'm still cutting cardboard even though I started cutting cardboard on Thursday! I cut while I'm watching movies, while I'm listening to books on tape, and whenever I have a spare second. I have to cut it to make bedding for the bin of worms I'm selling. The worms love to eat (recycle) cardboard and it makes a great home for them to crawl around in too.
I ordered 5000 more worms for myself so that I can take care of all my sales and keep growing too. If I didn't order that 5000, my business could die. That means waiting a bit longer before I get any money out of all this work. But it will be worth it. I can't wait to see 5000 worms all at once!
I've added two new products that I'll be selling: worm tea bags and vermicompost starter kits. The tea bags will be easier to send in the mail and easier for people to store. My first big sale that I've been working on is for the vermicompost starter kit.
This business is a lot of work but it's a lot of fun too!
Thursday, April 16, 2009
First Sale!
You would think my first sale would be from family or friends or one of the million people I handed a business card to, but today a lady called from northern Utah from my website!! She wants a thousand worms . . . that will take a while to count :-) It's worth the counting because I will get $20 . . . but my investors are antsy, so I won't see any of that :-(
I've got worms!
I started I've Got Worms! because the street I live on is too dangerous for lemonade stands. My investors (mom and dad) helped me out with the start-up costs except for my hard earned $1. I got my worm bin finished march 5th, the same day my worms came. I've never seen that many worms before! Holding them is weird. Go check out my website at http://www.gotworms.info
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