This is just a heads up about Summer Company; they are an organization that will give you $3000 to start up your own company for the summer, with a few strings attached (like committing to working a certain number of hours and what not).
It seems ideal for anyone who:
- Is a little more risk-averse
- Doesn't have a job
- Has no idea what running a business entails.
This is why - the program offers you $1,500 of startup cash at the beginning of the summer and another $1,500 at the end of the summer. So this is for the risk-averse - if you're afraid you won't be able to pay back the cash, you don't really need to. For those of you who don't have jobs, then don't fret! This program expects you to work 35hrs a week. Honestly, think about what you could get done if you were to invest 35hrs per week into it.
"But what if I'm spending 35hrs a week doing this and I don't make ANY money?"
I'm not going to guarantee that you're going to make money, but Summer Company is a good program - they don't just send you off into the real world to get eaten alive and have an empty bank account to show for it. If your business plan either sucks and isn't profitable, then they'll tell you, straight up. And if you don't know how to run a business, then that's fine too - because they give you a mentor and training.
Get a plan and apply! I think some doable jobs that first come to mind for me are:
- Painter
- Landscaper (mow lawns, weed, fertilize, etc.)
- Outdoor Adventure Guide (thinking of people up North and out West; all those city-folk tourists who don't know a stick from a rock on the ground)
- Personal Shopper (honestly, I freakin hate shopping... I'd pay someone to pick out my clothes)
- Marketing and Promotions company (for small bands, records labels, stores, etc.)
- Small business communications design
- Interior decorator
The list could go on forever - those are ones that just come to mind... I'm not a consultant nor do I guarantee that any of those are profitable. Start doing your own brainstorming!
Submitted comments must relate to RBC p2p. All comments will be reviewed and only approved comments will be posted. HTML is not allowed. Comments that include personal attacks on RBC or RBC Employees or other participants in this forum, make obviously false or unsubstantiated allegations, or include vulgar or libelous language, will not be approved. Posted comments are the views of the individual author and not of Royal Bank of Canada. By submitting a comment, you agree to be bound by the Terms of the RBC p2p Blog.


