Latest Articles
E-gold Investing: Make Money With Currency Trading
Many people are already starting to pay attention to the newest
online trend: E-gold investing.
E-gold investing is a all about a system that allows you to
profit from the money that is being traded everyday on the
internet. What you're...
Stop Losing Money On Your Ads
I've been hearing a lot of horror stories lately about people spending a lot of money on advertising that gets them no sales. If you're going through this I have a few tips that may help you out.
First of all, do free advertising and make...
Ten Top Tips on Making Money Online With Articles
Writing articles related to your product or service is an
excellent way to boost your sales without costing you a dime.
Search Engines are constantly on the look out for freshly
written content. So how do you come up with ideas for your...
Make Money Scams Don't Work? No...You Don't.
Are Make Money Scams Your Fault? ===============================
Make money failure? ------------------
If you toss a coin 100 times and it comes down heads 99 times,
does that prove that it is a two- headed coin?
Match Your Abilities --------------------
You have heard that if you invent a better mousetrap the world
will beat a path to your door.
Imagine that you sell your invention together with full
manufacturing and selling rights to 100 people. One make money
purchaser is soon a millionaire because of your invention. The
other 99 people clamor for their money back. It didn't make
money for them therefore it must be a scam.
They must be right. As with the coin toss 99 times out of 100
proves that it is a scam and nobody can make money.
My Failures -----------
Inkjets: I bought a kit to make money by refilling inkjet
cartridges. I had big plans about expanding my business once it
could make money big time. I would set up a van, and drive round
the country businesses in Western Australia, and make money
refilling their cartridges each week.
Or I might even be able to drive into the parking lot of some
local manufacturers who had hundreds of inkjet printers
operating, and refill a couple of hundred cartridges before
driving on again. Think how I could make money then!
My main abilities are technical, which suited refilling the
cartridges.
My main lack of ability is in salesmanship. The business failed.
I only made a few hundred dollars out of it over a period of
several years.
Was the idea a scam? No. I am a bad salesman. Others do make
money this way, and very good money too.
Translation: Next I bought a make money idea to become a
translator. This was great. I sailed through my translator's
exams and joined two professional organizations.
But the work didn't come in. I didn't make money.
It turns out that not all translation is equal to make money. If
you can translate from English into the language of a new
third-world market that manufacturers want to open up you can
make money - large dollops of it. The manufacturers are happy to
help you to make money so that they can make money in larger
quantities.
However, if you translate into English as I do, then the
manufacturers are in the third-world countries. That means that
they can't afford quality translators. They will always go for
the cheapest work from their own country where slave- labor fees
are charged. It doesn't matter that English is not the native
language of the translator. The manufacturer can't afford to
help you make money by going for quality.
I only made money of a few thousand dollars over two years.
Make Money Scams ----------------
Of course, there are make money scams like the one about getting
money out of Nigeria. You can often recognize this type of scam
by
1.If it sounds too good to be true it probably is.
2.Money making scam merchants like it to be barely legal. That
way you won't want to complain about them to the authorities.
3.No work needed. If it needs no work to make money, why do they
want your
help?
Make Money from Services ------------------------
In the examples I gave above I was trying to use my services to
make money.
You will almost always make some money - even if you are a
hopeless salesperson. The only trouble is that you may make
money that is too little to interest the tax man. It is
embarrassing when the tax man returns your money with the
comment that it is a hobby not a business to make money!
But suppose that you are a brilliant salesperson. In that case
can't you find better ways to make money than working hard? OK
suppose you are a mediocre salesperson. You have found a service
where word of mouth soon brings you so much work that there
aren't enough hours in the day for it.
That is the big problem. Why do you want to make money? To get
freedom? Then why are you working 70 hours a week on your
business to make money? What kind of freedom is that?
One way is to sell the business for a large sum of money and
then build another, and sell that to make money.
Automated Income ----------------
This is the best way to make money. You don't make money with no
work. It takes a lot of hard work to set up the automation. But
it is cumulative like a rolled snowball. The hard work you do
today will make money for you tomorrow and next year and...
Grasp Opportunity -----------------
I had the chance recently to buy into a business that needs my
technical abilities and needs no salesmanship to make money. I
grabbed the chance. You can't get in - the offer was only open
for 24 hours. If you are too skeptical then when opportunity
knocks you will miss your chance to make money. Fortunately I
already had experience of working with the vendor, so my
skepticism was low.
How To Match Your Abilities With the Opportunity
-----------------------------------------------
It's only logical. If you want to match the opportunity to your
abilities you want to have as many opportunities to choose from
as possible. So I've gathered a range of articles by many
authors.
Don't be brainwashed by just one author, but please, don't ask
for a refund just because a way to make money doesn't work for
you. Unless it is a scam like the one about helping to get
hundreds of millions of dollars out of Nigeria then the fault is
probably your own.
One man who became filthy rich from the internet says that he
expects 15 out of 16 of his projects to fail. He starts banking
his ongoing income from the sixteenth project, then moves on to
the next sixteen.
---
Ian McAllister wins some and loses some but is always looking
for new ways to make money. Visit his new site packed with ideas
to make money
About the author:
Ian McAllister has spent thousands of hours trying out ideas to
make money. Some made thousands of dollars. Some lost a few tens
of dollars. But he would never have had any successes at all if
he had not been prepared to try and fail. His new site is packed
with ideas to make money and new pages are added every day or
two. Get your ideas to make money here. http://money.swag4u.com
Written By: Ian McAllister