Archive

Posts Tagged ‘making money’

Weekly Wisdom: Winter Wealth Secrets and Tips

February 28th, 2010

pic by forestgladesiwander @ Flickr

OK

The groundhog was right.

Another week and another two feet of snow for some folks. More high winds, too. And don’t forget the below-freezing temperatures.

But that hasn’t chilled the aspirations for us to bring you the best blog posts and articles about how you can become financially free. From productivity tips to ways to save a nest egg, you’ll find some solid advice in this week’s collection.

So, let’s start…

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Dreams Come True, Internet, Investing, Money, Online Investing AI, Success , , , , , , , , ,

Abundance or Frugality: Which is Better?

June 10th, 2009

frugalityThere have been some trends in the last few years that are really fascinating. One big one is the book and movie The Secret. The idea that we can create anything we want is becoming more and more popular. In addition, the concept that money and everything else we could ever want is available in infinite abundance is very appealing.

Another trend that is very prominent in blogs is the practice of frugality and living below our means. For many of the blogs I read, it seems that the most popular posts are about how to save money. Here’s a recent one that was very well read about how to make your own laundry detergent. The cost savings? If you do 1 load a week, 16 cents. That begs an important question:

Is 16 cents really going to make a difference in anyone’s life?

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Internet, Money, Success , , , , , , , ,

510 Ways To Make Mad Money Like Howard Hughes

May 17th, 2009
Online money for your own private Spruce Goose?

Online money for your own private Spruce Goose?

Poor Howard Hughes. Well, poor is definitely a relative term. Despite the billions of dollars the guy had, he lived as a recluse in a Las Vegas suite.

He was eccentric–that’s what they call crazy people with a lot of money.

How did he maintain his wealth while isolated in an apartment? Easily. He paid lots of people to go out and conduct his business.

Had Hughes lived today, he could have got by with just a few computers and room service. Here are a 509 resources (plus one plug for Online Investing AI)  to show you how you can invest money and make money online.

Just remember to keep your nails trimmed.

You may need to use the keyboard every once and a while. Here we go:

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Business Strategy, Internet, Online Investing AI , , , , , , ,

Chicken Step 2: Make A Lean, Online Money Making Machine

May 7th, 2009

In 2003, Markus Frind was like everyone else in the tech business as the repercussions of the tech bubble implosion echoed throughout the western hemisphere: he was worried about his job.

Stuck jumping from “one sinking ship to another,” Frind started his own free dating site that he called “Plenty of Fish.”

He didn’t need venture capital, or angel capital, or an investment scheme to get the site up and running. He programmed it simply and ran it lean.  Frind must have instinctively known that internet technology offers the power to scale up massive business models inexpensively.

Now, it wasn’t an overnight success story. There were a few months where Plenty of Fish was more like a little school of minnows in traffic size. Then, suddenly, the site went viral and ten months later, Frind had quit his job.

Now, the site makes millions of dollars and has been valued in the billion-dollar range.

How did he do this?

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Accelerating Technology, Business Strategy, Internet, Online Investing AI, Success , , , , , , ,

The End of the Newspaper

January 10th, 2009

Today I noticed the Los Angeles Times, the local newspaper. It’s important to say that I noticed it, and not that I read it. I don’t enjoy reading any newspapers, because they are full of killing, destruction, negativity, and bad news of every kind.

The interesting thing about the newspaper, is that it’s practically gone. Each section was just a few pages. A year or two ago, the newspaper seemed to be pretty much the same as in the pre-Internet era. But quite recently, it seems to have been reduced to a mere shell of its former negative self.

It’s pretty natural for a 20th century technology like newspapers to disappear. Not only has the Internet made them completely irrelevant, but there are a few factors in particular that are at work.

The first is the power of the blog. Since you’re reading this, you understand that anybody can distribute their own articles, and even their own newspaper, for free using a blog. I wonder how many people who first saw the blog understood the revolutionary web 2.0 power it would exert.

Another important player is the Wikipedia factor. Just a few years ago, the idea of an expert doing the writing was important. The Encyclopedia Britannica was edited by scholars. The newspaper was written by accredited reporters. But the paradigm of having an expert at all has disappeared. Now we have the whole group being the expert, and there is no need for a single writer.

The environments is also moving to the forefront of people’s minds. It seems pretty silly to kill millions of trees and pollute the environment to deliver information on paper on a daily basis. It makes about as much sense as sending a telegram.

So what does this mean for you? This means that anybody can succeed by riding the trends. People who were investing in newspapers a few years ago lost money. But many people who invested in themselves, started a blog, sold stuff on eBay, or pursued any number of Internet businesses had a great chance at making money.

Accelerating Technology, Business Strategy, Investing, Success , , , , , , , ,