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Dr Evil’s moneterily chalenged plan to extort the world
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Archive for the ‘ New Ideas For Making Money ’ Category
HSVPshows asked:
Are you looking for a money making idea that works well on small acreage and one that your kids will enjoy too? Watch the whole episode at www.24-7agtv.com
Some pop singers make millions
Jim Hart asked:
Financial success is tough to achieve when people don’t have much money to start with. I have been pondering this dilemma and have come to a logical conclusion, which has tremendous potential for those who can grasp the simplicity of the concept.
Let’s debunk and/or clarify a few issues: First, it does not take much money to make money. Secondly, it is true that you can make more money selling products than services. Why? Because your income potential with services is limited to your ability to deliver quantity-of-service-per-hour. Whereas; a product can be produced and delivered at nearly infinite levels depending on consumer demand and production capacity.
It is also true that millionaires have a superior perspective on how to make money over the common person and this can be proved true by the fact that not everybody is a millionaire.
So how does a millionaire make millions? By investing money into things and ideas that “make money”…
Millionaires want a return on their investments and ROI is the KEY to success. The problem for most people who dream of making a million dollars is how to get from zero, or nearly zero dollars to a million–that’s where the mental grid-lock happens. People can’t figure it out and give up, get a job and do what everybody else does, follow the followers.
As I was contemplating this issue it dawned on me that making a million dollars, with no inertia, is way to complex and basically an unachievable goal, and that is why most people cannot achieve it. Then the simplicity of the process hit me. The way to make a million bucks starting with one hundred dollars. The KEY is ROI. The key is to smart small and apply one rule of thumb to whatever you do and here’s the formula that will allow you to take $100.00 and turn it into a million:
Whatever you invest in with your money, double your profits when you sell it. It is that simple. Knowing this, then you must buy/invest into something (anything) for the lowest possible price with your initial $100.00 so that when you sell it, you recover your initial investment, cover all your costs associated with selling the product, and after the dust settles, you have $200.00. Then, repeat the process. It’s kind of like the “double a penny everyday for 30 days” angle where at the end of 30 days, you have a million dollars… only this is more practical because you are exchanging a product for money rather than just doubling pennies without a source for pennies.
Let me say it again: Invest $100.00 into any product so that when you sell it, it is priced to recover all your costs and doubles your money. Then, repeat the process. That product could be anything from A to Z. The key is buying low, selling high and doubling your initial investment. If you can’t double the investment under this theory, don’t invest. Let’s look at the math:
$100-initial investment.
$200-first ROI
$400-second ROI
$800-third ROI
$1600-fourth
$3200-fifth
$6400-sixth
$12 800-seventh
$25600-eight
$51200-ninth
$102400-tenth
$204800-eleventh (1/4 million)
$409600-twelfth (1/2 million)
$819200-thirteenth (nearly a million)
$1638400-fourteenth (nearly 2 million)
Instead of thinking about “making a million dollars” change your thinking to “doubling your money” on everything you invest in and start small. In fact, starting with $50.00 only adds one additional step to making a million dollars. Don’t have $50.00? Start with $25.00, you get the point. I have pondered this and here is a truth: If you can’t implement this simple, logical plan to make a million dollars, the chances are extremely high that you will never become a millionaire. Why? Because if you can’t do the little things first, you will never get the big things done. Start with whatever you have to invest and double your ROI.
I don’t know about you, but as you are reading this, I am thinking about my potential investments.
Think about it…
Copyright ? 2006
James W. Hart, IV
All Rights reserved
Caffeinated Content – Members-Only Content for WordPress
Financial success is tough to achieve when people don’t have much money to start with. I have been pondering this dilemma and have come to a logical conclusion, which has tremendous potential for those who can grasp the simplicity of the concept.
Let’s debunk and/or clarify a few issues: First, it does not take much money to make money. Secondly, it is true that you can make more money selling products than services. Why? Because your income potential with services is limited to your ability to deliver quantity-of-service-per-hour. Whereas; a product can be produced and delivered at nearly infinite levels depending on consumer demand and production capacity.
It is also true that millionaires have a superior perspective on how to make money over the common person and this can be proved true by the fact that not everybody is a millionaire.
So how does a millionaire make millions? By investing money into things and ideas that “make money”…
Millionaires want a return on their investments and ROI is the KEY to success. The problem for most people who dream of making a million dollars is how to get from zero, or nearly zero dollars to a million–that’s where the mental grid-lock happens. People can’t figure it out and give up, get a job and do what everybody else does, follow the followers.
As I was contemplating this issue it dawned on me that making a million dollars, with no inertia, is way to complex and basically an unachievable goal, and that is why most people cannot achieve it. Then the simplicity of the process hit me. The way to make a million bucks starting with one hundred dollars. The KEY is ROI. The key is to smart small and apply one rule of thumb to whatever you do and here’s the formula that will allow you to take $100.00 and turn it into a million:
Whatever you invest in with your money, double your profits when you sell it. It is that simple. Knowing this, then you must buy/invest into something (anything) for the lowest possible price with your initial $100.00 so that when you sell it, you recover your initial investment, cover all your costs associated with selling the product, and after the dust settles, you have $200.00. Then, repeat the process. It’s kind of like the “double a penny everyday for 30 days” angle where at the end of 30 days, you have a million dollars… only this is more practical because you are exchanging a product for money rather than just doubling pennies without a source for pennies.
Let me say it again: Invest $100.00 into any product so that when you sell it, it is priced to recover all your costs and doubles your money. Then, repeat the process. That product could be anything from A to Z. The key is buying low, selling high and doubling your initial investment. If you can’t double the investment under this theory, don’t invest. Let’s look at the math:
$100-initial investment.
$200-first ROI
$400-second ROI
$800-third ROI
$1600-fourth
$3200-fifth
$6400-sixth
$12 800-seventh
$25600-eight
$51200-ninth
$102400-tenth
$204800-eleventh (1/4 million)
$409600-twelfth (1/2 million)
$819200-thirteenth (nearly a million)
$1638400-fourteenth (nearly 2 million)
Instead of thinking about “making a million dollars” change your thinking to “doubling your money” on everything you invest in and start small. In fact, starting with $50.00 only adds one additional step to making a million dollars. Don’t have $50.00? Start with $25.00, you get the point. I have pondered this and here is a truth: If you can’t implement this simple, logical plan to make a million dollars, the chances are extremely high that you will never become a millionaire. Why? Because if you can’t do the little things first, you will never get the big things done. Start with whatever you have to invest and double your ROI.
I don’t know about you, but as you are reading this, I am thinking about my potential investments.
Think about it…
Copyright ? 2006
James W. Hart, IV
All Rights reserved
Caffeinated Content – Members-Only Content for WordPress
Terry Hart asked:
One would think successfully investing one million dollars would be a simple matter. Clearly getting a return on $100 dollars is easier but the return in terms of dollars is not much. Investing one million dollars on the other hand, would deliver a very usable return even if you managed just 5%
Clearly the goal of investing one million dollars is to make an income. This sort of money can give anybody a decent middle class lifestyle. Lets say you get a return of just 7% and that would equate to $70,000 dollars or $1400 approximately each week.
If your goal was to just have a passive income there would be nothing simpler than putting the whole thing in a fixed term bank deposit at 10% There is nothing safer and nothing simpler than a bank deposit and the big advantage is you can save money on your financial planner. Nothing easier.
But if you want bigger returns, you may need to park your money in real estate because historically, you can get a double return. Around 7% on the appreciation and another 7% on the rentals you may receive.
Of course some people that have amassed a million dollars have special skills and expertise. These skills can be used to invest in the form of a business that yields a passive income. An investment like this is much more lucrative and a return of 30% to 70% is not unheard of. This is also a lot more risky and to a large extent is based on your abilities and skills. Obviously you should assess your options carefully but these are a few sensible ideas.
Create a video blog…instantly.
One would think successfully investing one million dollars would be a simple matter. Clearly getting a return on $100 dollars is easier but the return in terms of dollars is not much. Investing one million dollars on the other hand, would deliver a very usable return even if you managed just 5%
Clearly the goal of investing one million dollars is to make an income. This sort of money can give anybody a decent middle class lifestyle. Lets say you get a return of just 7% and that would equate to $70,000 dollars or $1400 approximately each week.
If your goal was to just have a passive income there would be nothing simpler than putting the whole thing in a fixed term bank deposit at 10% There is nothing safer and nothing simpler than a bank deposit and the big advantage is you can save money on your financial planner. Nothing easier.
But if you want bigger returns, you may need to park your money in real estate because historically, you can get a double return. Around 7% on the appreciation and another 7% on the rentals you may receive.
Of course some people that have amassed a million dollars have special skills and expertise. These skills can be used to invest in the form of a business that yields a passive income. An investment like this is much more lucrative and a return of 30% to 70% is not unheard of. This is also a lot more risky and to a large extent is based on your abilities and skills. Obviously you should assess your options carefully but these are a few sensible ideas.
Create a video blog…instantly.
- Pay yourself first. This is the biggest and most important step you can take to becoming a millionaire. Before you pay any bills or buy groceries, pay yourself. Put it in an ira or mutual fund and watch your money grow. It is recommended that if you want to become rich to save 10%, if you want to become rich faster save 15%, if you want to become rich super fast save 20-25%.With some mutual funds your money can double every 6-10 years which can mean a lot after compounding interest, no you won’t get rich today, or tomorrow but in 20 years you’ll be looking a lot better off.
- With the current economic front it is now more important than ever to get your house in order, get out of debt, and you absolutely have to have an emergency fund. Before you invest 20% into your mutual funds its advised to have a savings fund that could pay all the major bills for at least 6-12 months. This isn’t an easy thing to do of course but when you get laid off from your job of 20 years, you will wish you’d had the foresight to build an emergency fund.
- Find the little things that you buy that you could cut out. For instance many of us living in a fast paced life, eat a lot of fastfood and other junk food. Some people smoke, and could save a bunch if they quit, others drive a lot and could save by carpooling. The simple fact is the more you save, the more you can invest in yourself.
- Become a homeowner. Right now is a wonderful time to buy, owning a home is a great way to build wealth and equity. My tip is to buy a house that you can fix up and resell for more than you paid for it. Buy one that you can pay off in 5-10 years easily. You don’t need a grand house from the get go that’s going to cost an arm and a leg and take 30+ years to pay it off. Once you own your home you can then sell it and upgrade, and keep doing that till you own the house you’ve always dreamed of.
- Pay your tithes. If you’re religious of course, which I am – I always pay my tithes and I always seem to have more than enough to meet my bills, and if I don’t my church will pay them for me… If you’re not religious then it’s advised that you give 10% of your income to worthy causes trust me karma is a true principle and everything you give will come back to you more times over.
- Learn to cook. Eating out is extremely expensive, and the alternative can save you thousands per year.
- Ride a bike or take public transit. Not only will you be helping the environment, but you’ll be saving on gas, especially now that it’s around $4/gallon. You might also look into jobs that only require a 4 day work week, as that is becoming the norm, or even better would be to telecommute and work from home, if possible – I believe telecommuting will become the standard of the future, as energy prices soar and companies experience troubles recruiting.
- Don’t worry about brands, brands don’t mean crap. Buy the non-name brand items and you’ll save a bundle over time. Everything adds up.
- If you have the means invest in solar panels for your home. It is costly at first but over a 20 year period you will save a ton more than you paid for them, and may even be able to make money back off any unused energy.
- Teach your children the value of saving money. Today’s generation is all about borrowing, and if something doesn’t change our children’s future will be even more bleaker than ours. The way to stop this is to start from an early age and teach them how to manage money and finances.
- Freelance. It seems now a days everyone is moonlighting and freelancing is one of the top ways to do this. If you can pick up some extra money on the side why not do it? My suggestion is to immediately put all your freelance earnings into your mutual funds and investments to speed up the time it will take you to become rich.
- Lastly but not least – study the best resources on making and saving money. There’s the Automatic Millionaire, and many more great books, audio and video on this subject, just do a search.
I hope perhaps this little info might help you as it has helped me.
archieboston asked:
Now shipping international on Pay Pal. 1. Choose your DVD at archbosgd.com 2. send an email to:bostona@earthlink.net 3. An invoice will be sent to you 4. Make your purchase on Pay Pal. This 90-minute, 2-DVD set documentary features more detailed conversation that was edited from the single disc format. Even the conversation behind the filming, and the extensive collection of artifacts from his world travel, are included in this exciting set. The wisdom of Saul Bass in this documentary will entertain and inspire you for many years.
Some pop singers make millions
eugenedouglas asked:
from Classic Albums: Pink Floyd – The Making of ‘The Dark Side of the Moon’ www.imdb.com A must-see documentary for any Floyd fan.
May Happiness Itself would be better than millions
TheRealNews asked:
Bill Black: Technical traders love volatility; Obama raising big money on Wall St.
Want to take a short break from making money?
benjyo909 asked:
XRL.us/EbaySecret Top 10 Craziest Purchases on ebay. Girl Sells her Virginity. Man sells a sandwich for $28000. Very interesting. Money on ebay with strange items. More at XRL.us/EbaySecret
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