" /> 6. Doing the MacGyver thing - MGSpear

6. Doing the MacGyver thing

Photo by Ashim D. Silva

“Opportunity is missed by most people because it is dressed in overalls and looks like work.”

Thomas Edison

Remember how I said I want to start out on the right foot? Let me amend that a little: I want to start out on the right foot as frugal as I can. For my experiments, if I can’t order my materials cheaply to come up with a prototype, then I try to figure out another approach that would be cheap. I do not have a million dollar lab setup—I have a tool bench with drawers filled with random stuff I use for experiments. I never throw any of it away, in case I can use it for another experiment. So when I say I fund my experiments, what I mean is, that is what I spend my money on instead of shoes, purses, etc. I won’t work on anything that I can’t make affordable, so I don’t break the bank on one experiment. Plus I have worked it out with my husband: if he can spend money on car parts and plant stuff (he’s big into plants), then I can spend money on my experiment stuff.

I love a good deal. Same with business. I try to grow my business as frugally as possible and not spend money out the window. I want to learn for myself what works and doesn’t work, and not spend an enormous amount of money. As the business grows and more cash flow comes in, then I will expand out and try more avenues.

 Do you like doing things yourself? How do you handle expenses with your hobbies or businesses?

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