Happy Tuesday Y’all,

It’s been a fairly calm week so far; nothing too crazy going on. I saw an interesting post on Reddit yesterday, though. The poster was asking, hypothetically(?), what kind of business he could start with zero skills and $50k. As you can expect from Reddit, a lot of the comments were all over the place, but this one actually gave some pretty good ideas. Personally, it amazes me how creative some people can be. To sum it up, the commenter gave three ideas:

1. Haul/Dump Business

2. Online 3D Printing Service

3. Phone Repair (can confirm this one works)

Quick backstory that no one asked for, the first iPhone came out when I was in middle school and at the time parents didn’t exactly give their kids brand new $1k smartphones but I was crazy into tech and really wanted one. Fast forward a few weeks and my cousin actually gets one but dropped it and obliterated the screen. She ended up getting a new phone since phone repair stores weren’t as widespread as they are today. I asked her if I could take the phone off her hands since it was pretty much “worthless” to her, and she gave it to me. Now here’s 6th grade Derick wondering what he’s going to do with a phone that looks like it fell off the back of a car going 90 on the freeway.

It would annoy the s*** out of me that I had this crazy cutting edge piece of tech just sitting on my table that I couldn’t even use. But after a few days of research, I discovered that fixing these things is possible. Unfortunately parts were expensive, but I remembered that my mom had an old blackberry sitting around that had a broken track ball (throw back) that I was able to replace since those parts (fortunately) were extremely cheap. And so began my journey. After I fixed it, I flipped it to some kid in my school and pretty much grew the “business” until one day my teacher caught me with eight broken phones in my backpack and well, it was interesting to explain what was going on. I eventually moved on to specialize in mostly Apple products and kept it going until high school, where at some point I let it go because I got “distracted” focusing on classes.

Since then I've encountered several self-employed phone repair technicians and resellers, I've noticed a unique characteristic that sets them apart. There's something about phone resellers that exudes a level of hustle and grit, which most people simply don't have(or know they have).

Anyways, check the original reddit post out here. And don’t forget about our weekly challenge! I’ll see you all back here again tomorrow!

Regards,

Derick, The Founder’s Frontier

Weekly Giveaway

Just a reminder, every Friday we will be selecting one lucky subscriber to win a $25 gift card for the establishment of his or her choice (Amazon or Starbucks) there are two ways to win:

1. Be a subscriber, your email will be entered into a pot.

2. Share this email with friends, family, your coworkers, literally anyone and have them subscribe using this link: https://foundersfrontier.beehiiv.com/subscribe. If they win, you BOTH will get your own $25 gift card of your choice (Amazon, eBay, Chipotle, Starbucks)! The more friends you have subscribed the more chances you have of winning.

[Featured Article] How to Make Money Flipping Phones in 2023: A Comprehensive Guide

Weekly Challenge Accountability

Here's the challenge: Each day, take a few minutes to write down three things you're grateful for. It doesn’t matter if you write it on a sticky note, the back of an old receipt, your phone, etc. just write it somewhere. It could be/ as simple as a delicious meal, the beauty of nature, or the company of loved ones. The goal is to shift our focus towards the positive aspects of our lives and help us appreciate what we have.

My Results:

1. Was driving to the gym this morning and it was raining, it doesn’t rain here often but it’s nice every once in awhile.

2. Was in a rush today to get to work afterwards but I had a leftover piece of salmon in the fridge from yesterday and I don’t know why but it still tasted delicious being reheated in the airfryer.

3. At some point in the afternoon I made a freakin delicious cup of coffee using the cafetera.

News & Articles You May, or May Not Care About.

Trump appeals order for Pence to testify in special counsel Jan. 6 probe

• Former President Donald Trump is trying to block ex-Vice President Mike Pence from testifying in a special counsel probe of efforts to overturn the 2020 election and the Jan. 6 Capitol riot, NBC News reported.

• The appeal of the judge’s order in sealed court proceedings came after Pence said he would comply with a subpoena for his testimony before the federal grand jury involved in the probe.

• The appeal also followed Trump’s historic indictment and arrest in a separate case being prosecuted by the Manhattan district attorney’s office.

Read the article here.

How to Make Money Flipping Phones in 2023: A Comprehensive Guide

1. The global market for used smartphones is growing rapidly, making phone flipping a viable business opportunity with low startup costs and high demand.

2. To succeed in phone flipping, develop technical expertise, negotiation skills, and marketing and sales abilities.

3. Discover the secrets of a thriving phone flipping business and unlock the potential for high profits in the booming used smartphone market.

Read the article here.

Warren, AOC press top Silicon Valley Bank depositors about any cushy treatment they received

• Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez asked about what they called the “cozy” relationship between Silicon Valley Bank and its depositors.

• The Democratic lawmakers asked about the ties between the bank and 14 of its biggest customers, including any extra benefits they received.

• The lawmakers gave the depositors until April 24 to respond to a list of inquiries.

Read the article here.

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