Welcome to Our Experiment in Tiny Business Development
Roosevelt's Terrariums has been conceived and designed to always be a "tiny business" in line with the growing interest in building tiny houses. Small is not only beautiful, it is also more sustainable and cost effective (when you take into account the intangible costs of doing business). But it must also be profitable to survive. Done right, it can be very profitable, but even if it is only mildly profitable, or it actually is losing money slowly, it can still be a very good thing.
As people my age (I'm 62) approach their so called retirement years, there is an economic day of reckoning. Whatever we have managed to set aside for retirement is not likely to be enough ot get us to the end of our lives, especially if it is going to be spent month by month on living expenses. Investing what we have in the current stocks, bonds and such, returns very little in the way of income. It barely keeps pace with inflation.
However, if that same money is invested in a small business, (a tiny business) the return on investment is much greater. If the business activity itself is something we enjoy, working with people we like and serving clients and customers we enjoy knowing, the pay-off is even greater. In this way, even if our living expenses are higher than our tiny business can cover month to month, we are now losing money more slowly, like leaf spiraling downward slo;y rather than like a stone dropping straight down to the ground.
That is our plan for Roosevelt's Terrariums. I hope we spiral upward. I believe we eventually will if things continue to grow as they are. But even if we spiral downward, even if we just manage to "lose money slowly" each month, it will have been a better way down— getting to know our neighbors in this fun new way as shop keepers of a little terrarium store— its great. It's a dream come true. And if in the process we learn a thing or two that helps others facing retirement to do likewise, so much the better.