Creative Ideas that work During Economic Depression
Angela Logan is the 55-year-old mother of three sons was behind on her monthly mortgage. As a substitute teacher and is studying at Bergen Community College in New Jersey to become a nurse, she creatively came up with the idea of selling apple cake to save her house. She ask her sons about her decision and they strangely supported her creative idea. She got the idea of selling the apple cake her grandmother taught her to bake when she was a child in Atlanta. This little childhood memory made it possible for her to pay off her monthly mortgage.
The Steps Angela Logan took in Saving her house
1. Set her price to be $40 per cake, her goal is to sell 100 cakes to make monthly mortgage.
2. Stood in front of class and nonprofit organization to sell her cakes.
3. Got her first 40 cake orders through friends and family.
4. News and local papers pick up on her story.
5. A Hilton Hotel Manager lets her used the hotel kitchen to bake her apple cakes.
6. Josh Kaye, founder and president of Bake Me A Wish stepped to help her too.
7. More cake orders were made, reaching to 500 and continue to grow.
8. Angela made her monthly payments on time and negotiated a new refinancing plan.
9. She vows to help others that are in similar situations.
Key Factors: Angela caught a lucky break when the local news papersdiscovered her story. The media was the main factor in getting her name out to the public; without the help of the media people would not have known about her story and give her the helping hand.
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