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7 Lessons in Successful Self-Employment from "Weeds"

I have a new love -- and it's not a man understand the needs and problems of your
or a house or a car. It's an edgy target market.4. The failure of most
Showtime television suburban satire, businesses is due to undercapitalization.
"Weeds", in which Mary Louise Parker Nancy's personal expenses are exceeding
plays a widowed soccer mom, Nancy Botwin, her income, and she approaches her
in a fictional subdivision of Los Angeles supplier, Heylia, to give her inventory
called Agrestic. Nancy struggles with on credit. Heylia laughs in her face,
the sudden death of her husband from a but after Nancy begs, she's permitted to
heart attack and agonizes how she'll hock her leased Land Rover and
support her family in their upper-class multi-carat wedding ring with Heylia to
lifestyle. Not having any discernable job get the quantity of pot that she needs
skills, Nancy discovers the lucrative for the week.Lesson: Being self-employed
income in being the local neighbor pot is a financial roller-coaster ride. Have
dealer.The show is quirky, irreverent, financial reserves in place before you
and raunchy. The dysfunctional family start your business so that you can pay
dynamics are hysterical, especially when your bills until you begin making a
her unemployed pot-head brother-in-law, profit. And, if you come up short of
Andy, arrives on her doorstep. Her cash, try negotiation with your suppliers
interactions and affection for her or vendors for more favorable payment
supplier, a black ghetto family headed by terms.5. Slow and steady wins the
matriarch Heylia James, and Heylia's business growth race. Nancy becomes
unwed pregnant daughter and ne'er-do-well heady with her sales success in her
son, Conrad, are a stark contrast to her suburb and begins to eye other markets so
daily life in Agrestic. And, the broad she can make even more money. While on
social and political statements that are the local college campus seeking a tutor
constant undercurrents in the series are for her son, she realizes the campus is a
really just right on the money.This show ready-made market for pot and is
is a big shift for me -- I'm probably the initially very successful in capturing
only person my age who's never done any that market. However, what she doesn't
type of drug -- so admitting I love a realize is that she is treading on
show about a pot-dealing suburban mom is another dealer's territory (one of the
strange, I admit. What's most fun for me campus security officers), and in a mock
to watch is Nancy's development as a arrest on campus by this officer, she
entrepreneurial businesswoman who's going loses about $15,000 worth of inventory.
to do what it takes to be the most When she tells Heylia what happened,
successful weed dealer in Agrestic. Heylia just laughs and tells Nancy she's
There's not alot of difference between been "jacked" by another dealer, and
Nancy and me in the quest to build that's the price she pays for trying to
successful businesses, except that my grow too fast.Lesson: Great success in
business is legal, of course, and I don't your business will make you want to
have to dodge bullets in drive-by conquer the world. However, quick
shootings at my supplier's house.Here are expansion without proper planning makes
some great lessons on building a business many a business owner go belly-up. Plan
from suburban pot mom Nancy Botwin:1. for the growth of your business, and
Fish where the fish are. Due to her include that growth in your business
friendship with her accountant, Doug plans and vision statements so that it's
Wilson (played by Kevin Nealon), and his a natural evolution of your business.6.
group of friends, Nancy quickly realizes To be successful, you need your family's
that Agrestic is a wonderful market for support. Nancy tries to be an "moral"
her product. She finds a great source of pot dealer and refuses to sell to
pot and is easily able to sell it, as her children, or permit anyone working for
upscale target market is eager to buy and her to sell to children. In the same
can easily afford her prices.Lesson: vein, she tries to shield her children
Know your target market. Are they male from the true nature of her business, not
or female? What age group? What wanting to set a bad example for them
industry? What socio-economic group? (see the irony in this series?).
Where do they hang out on- and off-line? However, secrets are hard to keep from
What do they read? To what groups and teenagers. In an act of rebellion,
associations (real and virtual, personal Silas, her 15 year-old son, tells her he
and professional) do they belong? How doesn't have to follow her rules any
much money do they make? Can they easily longer, throwing in her face that she has
afford your product or service?2. It's no right to tell him what do to since
all about benefits, not features. Doug she's selling pot. When she tells Andy,
discovers a cheap source of medical her brother-in-law, about the situation,
marijuana in a clinic in LA and thinks Andy tells her that Silas is just angry
he's discovered a gold mine. However, in with her because she has lied to him
order to use the clinic, he has to get a about how she's making money.Lesson:
prescription for medical marijuana from a Deciding to run your own business can be
shady physician and then drive an hour the quickest road to divorce or family
into the city every time he needs a alienation. Keep your family updated on
refill. Nancy offers him the opportunity what's happening in your business,
to buy the same stuff locally, without especially if you run a business that's
the drive, and no prescription going to keep you away from them on an
needed.Lesson: People do business with ongoing basis. Family rules, structure,
you because you can help them solve a and expectations may need to shift for
problem. They care little about how you awhile, and the more that you family can
solve it (the features of the solution). be a part of creating that change, the
They just want you to make the problem go healthier and happier you all will be.7.
away so that they have one less thing to The Lone Ranger didn't ride alone. As
worry about (the benefits of doing Nancy reviews her life lessons in
business with you).3. Understand the entrepreneurship during Season 1, she
needs of your target market. Nancy takes realizes that it's hard work running a
a trip to LA to check out the medical business by herself. She invites her
marijuana clinic, and discovers a sheer accountant and attorney (two of her best
cornucopia of pot, available in more clients), her brother-in-law, another
varieties than she'd ever imagined. This dealer, and son of her supplier to go
visit makes her realize that she's buying into business with her and help her grow
the bottom-of-the-barrel weed and gives her territory and make it all
her supplier a list of the "good stuff" work.Lesson: You're great at the core
that her clients really want. Then, to service you provide to your clients, but
give her clients a better high for their you can't be good at everything, nor
buck (and enable her clients to hide should you try to be. Create two lists,
their marijuana use), she begins to one of what you love to do, and the other
package the pot in various baked goods of what you hate to do. Do what you do
that she makes in her home kitchen. One best (and love to do) and delegate the
client cleans her out of baked goods in rest to your support team. Spend your
one visit.Lesson: Give your clients what time more profitably looking for
they want, not what you think they need. opportunities rather than wasting it on
Many service business owners head into tasks that you can hire out much more
the marketplace and have no idea if they cheaply and efficiently than by trying to
offer a product or service that the do it all yourself.Business lessons show
public wants. Or, they offer what they up in many shapes, forms, and sizes.
think is good for a client rather than Tune in to the next season of "Weeds" and
what will solve a client's pressing see what's in store for Nancy as she
problem. Do your market research to builds her suburban pot empire.




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