Page 321 - One Thousand Ways to Make $1000

This business, in its infancy now, is ideal for anyone anxious to start a
business on small capital, with promises of good returns. There is no doubt
that once established, any person who gives quick service in this industry will
enjoy a good business for many years to come. Jimmy was furnished
everything complete by the company when he bought his equipment.

Renting Tires Solves Sales Problem

W

HEN you think of a tire station, you think of a fellow who bought a few
hundred tires, procured a license, rented a store and went into business. That
was the way that Harold Holt started. His investment in equipment and stock
was under $300, but he didn’t set the world afire. It wasn’t until a friend
advised him to learn something about business management, that he began to
realize the reason he was not making enough to cover expenses was because
of his inexperience. So he inquired about a business management course and
enrolled with a well-rated correspondence school. After he had been studying
for three months, be began to change things. He completed the course in
eighteen months, but long before that, he had placed his business on a sound,
profitable basis, and was well on his way to his second thousand dollars.

“At first I had the notion that all the business management course would
teach me was bookkeeping methods, and other things like that, which would
produce no revenue. My bookkeeping didn’t have to be systematized. What I
really needed was ideas for creating new business, and holding the business I
had. I was surprised, early in the course, to discover that many of my lessons
were devoted to exactly the type of businessbuilding ideas I needed. There
was one example cited, showing how a man had taken an idea, worked it into
his business and, finally, made a lot of money. That was the Hertz Drive-It-
Yourself idea, and I got to thinking it over. I decided to try a similar one,
applying the principle to auto tires. I figured out the wholesale cost of a tire,
and the number of days it would take to pay for one on the rent-a-tire
principle. I was surprised at the amount of profit there would be in it. But I
had no conviction that any man would want to rent an auto tire. It might be