Posts tagged ‘Make money’

A Website for Young Ladies and Sugar Daddies

April 13th, 2009

New York Times Magazine has a feature story about the dating site, SeekingArrangements.com, where young ladies can find sugar daddies and vice versa.

“The site now claims more than 300,000 registered members… Sugar “babies” outnumber daddies 10 to 1…providing what one sugar daddy called “the best fishing hole I ever fished in… About 30 percent of the arrangements on the site involve the daddy paying an “allowance,” usually a thousand or two a month, though the site claims some reach $10,000. The rest provide the baby with incidental cash, shopping sprees, gifts, travel or the fleeting illusion that theirs is a high-end, easy life. “I get flown to whatever city I want,” wrote a North Carolina college student…” 

Twenty-two-year-old Mercedes says: “I could go out and work three jobs and still go to school and probably make decent grades, but is that really what I want to do? I make more money this way, and I have a lot more fun.” For the babies, it’s free to join; the “daddies” pay $44.95/month (plus an optional $5/month for discreet charges on the credit card statement). A sugar daddy can become a Diamond Club Member, where his income and net worth are verified, and his profile is featured on the home page. Full story here.

Sugar Daddy Site

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Which Money Type Are You?

April 13th, 2009

The April issue of Men’s Health magazine identifies four different “money types.” Which one are you?

The Guardian — Money means security to you and your family (Warren Buffett, Jimmy Stewart)

The Artisan — Money means a new plasma TV (Donald Trump, Brad Pitt)

The Idealist — Money is a stepping stone to your high calling (Oliver Stone, Bill Moyers)

The Rational — Money is proof of your abilities (Barack Obama, Bill Gates)

A quick poll around our group says we’re mostly Artisans and Rationals. Anyway, Men’s Health mag provides a wealth building plan for each type. Also, beware of mixed money-type match-ups. The worst? Idealist + Idealist — and Artisan + Rational (the Rich Dog group lol)

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Elance: The Online Job Market

April 10th, 2009

If you are a professional — whether it’s programming, sales, finance, writing, administration (and more)  — or if you are looking to hire a professional, we assume you may know about www.elance.com. According to their stats, there have been over 25,000 jobs posted in the last 30 days. And if you need to hire an expert, there are over 80,000 to choose from. A good resource to add to your favorite links. Think of it as Craigslist, the premium edition.

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Rent Out Your Stuff Online $$

April 9th, 2009

This morning we posted info on Live Deal, which is an eBay-type company that focuses on local business. A buddy reminded us about Zilok — “the online rental marketplace” — where you can rent (or for our purposes, rent out) just about anything: tools, electronics, appliances, cars, vacation homes… you name it.  This is actually a very exciting website for us. First, it suggests yet another business angle for the internet; second, it’s another marketplace for anyone to make money. Jeff Boudier, the General Manager of Zilok in the U.S. (it is a Belgian-based company) explains how the system works on the NBC San Diego Youtube clip below. He says that 80% of everything you have is, on average, used less than once month. A power drill is used, on average, only 12 minutes during its entire lifespan. So why not put items like that to work and rent them out. It’s a novel — and obvious — idea. Zilok charges a commission based on the rental cost.

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Internet Garage Sales, An Alternative to EBay and Craigslist

April 9th, 2009

Let’s say you have a big plasma-screen TV, or a vintage Ford Mustang, or a litter of Siberian Huskies, and you are looking to sell them to a loving buyer. Do you go to eBay, and end up shipping the TV, the car, or the puppies across the country? Well, you could. But it might get ridiculously expensive, and the puppies might not like it. A good alternative is www.livedeal.com. They are sort of a cross between eBay and Craiglist, and they service over 70,000 zip codes in the U.S. So if you have something too big to ship, or if your shipment might get too agitated, try Live Deal.

(original content by www.richdogmillionaire.com)

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Book Review: “The E-Myth Revisted”… And Why Most Internet Businesses Will Fail

April 8th, 2009

“The E-Myth” books by Michael E. Gerber are not generally internet-biz oriented but the series has been among the best-selling business books in years. Do you know what the “E-Myth” is? Basically, it’s the fatal assumption that many, if not most, entrepreneurs have, in starting up and running their business. The assumption is that: knowing the job equals knowing the business. In other words, consider a character that Gerber introduces to us, in “E-Myth Revisited”: Sarah, who is an expert at baking pies. She assumes that, because she knows the techincal side of the business — baking pies — she knows the most important part of the pie business. But she doesn’t, not even close. Just because you know how to set up a website, or you are pretty good with Adwords, doesn’t mean you know how to run an internet business. Another point Gerber says: “If your business depends on you, you don’t own a business, you have a job.” This is also what Tim Ferris was saying in his great book, reviewed here, about the importance of automation.

The way Gerber explains automation is through the model of franchising. Eighty-percent of all new businesses fail within the first five years, 75% of all business-formatted franchises SUCCEED. Franchises concentrate on building a business SYSTEM that can operate automatically — and autonomously — without you having to be there, and it can be expanded — and duplicated — which is what empires are made of. Consider Sarah’s pies — and consider the McDonald’s Big Mac. Is McDonald’s Big Mac the best, tastiest hamburger ever? Most would say no — but McDonald’s is a $40 billion a year business, with nearly 30,000 restaurants in 120 countries.

So look at it this way, whether you are a blogger or internet retailer or any other internet entrepreneur: If you want to grow and build a successful business, what can you learn from McDonald’s and others? Nobody else is talking about this today in “cyber world.” For these reasons, we recommend: The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It

 

(reviewed by www.richdogmillionaire.com)

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ForexMentor: “Techniques and Secrets Used by Commercial Institutions and Banks”

April 2nd, 2009

A while back we blogged about the sales of some Forex trading software. We received an email from a guy with a very good point: “If someone is really interested in FOREX — the successful buying and selling of foreign currencies  (and there’s great reasons to, including low cost start-up and 24/5 trading) — they may want something more than just software– they may want an actual how-to program from a big-time Forex trading professional — somebody the banks use and learn from.” Turns out there is such a program, released to the public, Peter Bain’s Video ForEx Trading Course:

“The Peter Bain Video Forex Course is a complete trading solution and is packed with 6 hours of live instructions on DVDs from Peter himself. In addition, there are an additional 6 hours of instruction on CDs, a 150 page “Trade Currencies the Way the Big Dogs Do” User’s Manual and 1 year access to the Forexmentor Membership website. Learn to trade the lucrative 1.5 trillion Forex Market everyday with Peter Bain’s Video Forex Course. A Forex currency trader doesn’t have to worry about 7,800 stocks, or 72 commodities, and all the underlying trading rules that accompany those markets. With the Forex, a currency trader only has to think about the 4 major currency pairs – and pure technical analysis. The average daily range of 104 pips for all four pairs far surpasses that of any other stock trading market. Peter will show you the techniques and secrets used by the commercial institutions and banks.”

So there you have it: Learn from the best in the business — a business many people do not even know exists, so you kinda have a head start too. Peter has a free video here.

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Thinking Outside the Box: You Can Babysit… Or You Can Do This…

April 1st, 2009

We are a big fan of  thinking outside the box. For example — you can make money by babysitting…OR……….In his book, “Internet Riches” (reviewed here), Scott Fox writes about a college-age babysitter who launched a million-dollar business, www.sittercity.com — a matchmaking site that hooks up parents and babysitters. Today, Sittercity has over 150,000 registered babysitters and caregivers. Have you heard of www.angieslist.com? Started in 1995 by Angie Hicks and Bill Oesterle. Local contractors and businesses are reviewed and scored by consumers; and consumers pay an annual fee for access to the reviews. One of our friends is a member: “It paid for itself when I found a great plumber in my first search.” Now Angie’ s List has 400 employees and an estimated $14 million in revenue. (BTW, they also sell advertising to contractors with a rating of “B or higher.” ) So: What do you do, what do you know, and how can you leverage that onto the internet?

Quick thought: This post is really a followup to our gripe:  Making Money on the Internet: The Big Naked Elephant in the Room.

(original content by www.richdogmillionaire.com)

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Welcome — Join Us

March 26th, 2009

 Hi, we’re glad you found us.

There sure is a lot of crap out there.  It’s really like the wild, wild west  – there are good guys, bad guys… and some ugly stuff. We’ve been looking for a forum — a haven – to catch our breath and get some halfway decent, uncensored, unedited information. So welcome to our little dive bar. Pull up a chair, grab a drink, and feel free to get in on the conversation.

We have some very good bloggers lined up. Guys who’ve been there, done that, and are willing to talk about it (anonymously if necessary). We have no rigid structure here. We are not sure which direction we will be going in. As you know, the internet moves very fast: yesterday is like last year. You’re gonna want to check back often.

 

 

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Buzz Bin: FAP Turbo — “$21,448 in 92 Days on Autopilot”

March 25th, 2009

At the top of the charts now is FAP Turbo, an autopilot-trading- software for FOREX. Forex is the foreign exchange market – the buying and selling of foreign currencies, one of the largest and most liquid financial markets in the world.

FAP Turbo  says that the “advantages of trading Forex are obvious”:

**Low Startup – You can start with as LOW as $50!
**Huge Market – $3 TRILLION traded around the world every day (Actually, the Forex market is bigger than ALL the world stock, bonds, and futures markets combined!)
**24/5 – Non stop action, 24 hours a day 5 days per week (Monday through Friday)
**Volatile – The most volatile market in the world…what does that mean? HUGE opportunity every moment of the day
**Low Cost – While with stock trading, futures and options you pay spread plus commission, with Forex your only “cost of trade” is spread (that can add up to ALOT!)
**No Cornering – Unlike any other markets, it is IMPOSSIBLE to corner the Forex market….and, no matter how many people trade with the same robot its efficiency and profitability will remain intact (HUGE plus)!
**Up & Down – Profit from rising and falling prices…you don’t care which way the market goes. Ohhh…and, unlike with the US stock market, you don’t have to wait for an up-tick for shorting!
**No Size Limit – Trade as BIG or as SMALL as you want! This is something that ONLY the Forex market allows you.

FAPTURBO insists that: “You need to know absolutely nothing about the Forex market or Forex trading to benefit day in and day out from FAP Turbo’s cash-producing power.”

If you are interested in Forex trading how-to, check out ForexMentor: Techniques and Secrets Used by Commercial Institutions and Banks — “the way the big dogs do it.”

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