How to Make Money

How to Make MoneyEvery day more and more people are looking for ways to learn how to make money from home. Well, for most people the way they make money is by getting a job. If they have a job and want to earn more, they either work extra hours, get over time or try to get a second job. These people have the mentality that you get a good job, work hard and retire rich. Unfortunately, we know that this is not true.

 

Some people go back to school so that they can get a better job. Is there anything wrong with this approach? No- this can be great for those that are good at school and can secure a lucrative career. But for many, this approach will never lead to lasting wealth. Robert Kiyosaki has been talking about this for years. So how do you make money from home?

 

Many people dream about owning their own business but never follow through because they don’t have the money, the time, or both. Most people don’t have the stamina or resolve to own their own business, and many that think they do fail after great loss. Let me give you a few suggestions and maybe these will spark some ideas for you:

 

Having your own virtual store-

In a virtual store you can sell anything from clothes to jewelry to books.

The pros to owning a virtual store are that you do not need to have a warehouse or a store front where you are paying rent. You can do it right out of your home. The cons are that in order to sell anything you need traffic. There are more web pages than there are people in the world, so for someone to find you just because you decided to make a web site is very unlikely. One way to get over this hurdle is by using the virtual outlets of places like Ebay, Craig’s list, Half.com or Amazon.

My dad sold books online for a while, making up to 900 dollars a week. What stopped him was the limitations of self employment. He was the buying department, research department and shipping and handling department. It takes time to do all of these things. If it takes five minutes to package each book and it takes 3 hours to purchase the books to sell, you can see how there becomes a limitation with time. He ended up going back to work after some time.

 

Be a content provider-

Another way is by providing content to your target market. Whether through subscriptions or e-books, information marketing is awesome and people make hundreds of thousands of dollars per year doing this in their own niche. I believe everyone has something of value that others would buy. Pros: it can be done from home, and you can even publish your material electronically. Cons: most people will have a large learning curve to get over.

 

Cash crate, inbox dollar-

You can make an extra few bucks per month very easily buy answering surveys, trying products and writing reviews. Pros: it can be done anywhere you have internet connection. Cons: it takes lots of time, it pays little, there is no leveraging, and no automation.

 

Affiliate marketing-

I hear a lot of people tell me that they are going to make hundreds with affiliate marketing. My question is always. How? They are sold a dream that they can just put a web site up and people will just flock to it. Even if you get 10,000 visitors to your web site and get 1 percent of them to click on your affiliates, how many will purchase?

 

Network Marketing-

My favorite of all home based businesses that can actually provide you with a true financial future with residual income is Network Marketing. Pros: it takes advantage of what every big business takes advantage of- leveraging. Leverage is huge for long lasting income potential. Leveraging other people’s time, knowledge and efforts. Everyone is doing a little and all are getting paid. It can be run as a small home based business, but it has a virtually unlimited income potential. It can be started part time, with little to no starting capital. Network marketing allows the average person to be able to open their own business with little to no experience. I personally believe that in the last 60 years, Network Marketing has proven itself to be a great supplemental income for many. So lets be honest- what are the cons? Like any business, it is a business, and there are no guarantees. I mentioned “supplemental income” because for most people it will not replace their full-time income. Most people in network marketing won’t make it big. I am not saying that because they can’t make it big. I believe that the majority of people, even those who are handicapped, can have productive lives and make it big (Just Google Nick Vujicic). But for whatever reason, the majority of people in network marketing will not make it big. Guess what? That doesn’t matter! For most people, $300 to $600 extra dollars a month would be a great change.

If you would like to find out more about Network Marketing and Internet Marketing check out the email box at the right. Fill in your name, email and phone number and get immediate training.

Don’t go to college because you want more money!

I was at a birthday party at my cousins house the other day and I noticed this animated discussion. I think the whole neighborhood noticed the discussion. Imagine a whole bunch of puertoricans gathered around yelling at each other. My cousin is a partner of mine and besides being a very smart person he is very business savvy,  it is mainly because of him that I have one of the fastest growing organizations in the Hudson Valley NY area.

The topic was our job market and how to make money in this economy. My cousins argument was that the old thoughts of get a good education, get a good job and then you can retire wealthy is a myth that has gone by with the last century. His friend on the other hand still believes that the way to succeed in our economy today is to get a good conventional education, work hard for a good company and retire happy. Now I sat there for a while and just listened until he started claiming that the more college education you have the more money you can make. Now I am not one to knock a good education but college and money really have nothing to do with each other. They are totally and completely unrelated. Just because that is the way the market themselves it does not make it true. 99.9999% of all colleges produce good employes.

So as I sat in front of a computer I just looked for some evidence on how schooling and money are not connected (http://www.hereinreality.com/drop_outs.html ). But really that is just a small handful of people in the grand scheme of things. More convincing is just to use your personal experience. How many people go do you know personally that went to college and are doing what they went to college for? Now think about all the people that you know personally that went to college and took the same major- one is wealthy and the other one with the same potential, education, and abilities is struggling financially. College has nothing to do with money.

But I have discovered a link between entrepreneurialship and wealth. Everyone that I know that is wealthy is a business owner. Whether that is as self employed, a partner in a business, or a big business owner. All of them own a business in some way. I challenge you to look around you and notice and I guarantee that most if not everyone that you know that is financially independent, that can retire comfortably has an entrepreneurial mind. They did not get there just by working for someone else.

 

I believe that your belief create your reality. If you can figure out how someone thinks and what in NLP they call the meta-programs if you can figure out what the recipes are that make that person successful you can become the same type of person. So some of the characteristics of entrepreneurs are

 

  1. Dont go to college because you want more money!

    Be Wealthy

    They understand and have evaluated the worst case scenarios and are aware that they can survive through it to risk what they have in order to get what they want.

  2. They know that they have something unique to offer the world and they are willing to share and capitalize on it.
  3. They are unreasonable.
  4. They will do what ever it takes to get what they want. They play the money game to win.
  5. They usually have something bigger than themselves that they are working towards.
  6. They believe in CANI- constant and never ending personal improvement.
  7. They enjoy what they do! 

Unfortunately the person in the story is still the same person and believes that in order to succeed you need to get a good education, get a job with a good company that cares about you, retire comfortably, you need to be happy with what you get and that everything has a catch. Although I agree with many of the things he believes I suspect it is not in the same way. If you want to go to college to get a good education- GREAT! If you want more money be an entrepreneur.

 

 Page 7 of 7  « First  ... « 3  4  5  6  7