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Showing posts from 2012

Arbitrage

Step 1: (besides admitting you have a problem) Get your hands on a product. When you get your hands on a product, you can then sell it, which is exactly what I did this week. I bought a red 8 GB iPod Nano for $40 that I'm selling on eBay HERE . I plan on making a profit by selling it for more than $40 and enough more to cover the cost of eBay fees and shipping. This is what I was told is the process of "Chatteling". Chatteling is not the popular term. The term used more often is "arbitrage". I just found this out. You can do it to. It's very easy. Find something to sell, and sell it for more than you got it for. Today is Friday and I've got some free time on my hands so I'm going to take my day and acquire goods. I'm going to withdraw $100 out of my bank account and today I will be visiting garage sales, estate sales and thrift stores. Enough said.

Chatteling

Ok. So I found a new focus. It's going to be the world of "Chatteling". Chatteling means personal property. Slaves are considered chattel. This is the world of "offline" marketing. Its a new niche that I found out about through the father of Chatteling, Gordon Jay Alexander. I read his eBook, The Chattel Report  and it straight up gave me 30 years worth of advice that I could use to buy and sell properties. I will start small, of course, and work my way to the big bucks. There is not much to it. You buy low and sell high. The key is to buy things from over here and sell them over there. The profit is in your connection between markets. You see, people don't check more than one circulation. And your job is to bridge that gap. That's what chatteling is all about. It takes work, but it is an opportunity. I'll post more about this later. I just wanted to stay in touch and let you know what's going on. So this will be my main focus and I have yet ...

Fiverr

Give me fiverr ! Alright! Now down low! Too slow! I'm back. I had to find a niche. Well, I found one: Cooking Videos. Cooking is something that people always want to learn how to do. So I created a gig on fiverr  offering to make them a video demonstrating how to do anything  in the kitchen. Here  is the link to that video. I get $5 per gig. I see it as a way to make myself known and get my feet wet. We'll have to see what happens. If I get one gig that will be $5 I didn't have before. Next step: get a gig.

I gotta find a niche

Day 3 of my quest to make $40 a day. So far it has landed me a few bucks from filling out surveys on CashCrate  and GlobalTestMarket . I also did a few dollars worth of HITs (Human Intelligence Tasks) as part of Amazon's Mechanical Turks Program where you get paid to do various little online tasks such as transcribing an hour long or foreign-language video or creating and using accounts to different sites around the world wide web such as submitting auto repair receipts and making a review about them to collecting clips of videos containing subject matter doing specific things. All these are just a foot in the water in the quest to make $40 a day. To really make money you must get traffic. Attention is the most valuable thing on the internet. Anything you have, whether it is a video, game, web site, blog, its value lies in the attention that it draws. If you have a popular game, the page hosting that game gets traffic, so any advertising exposure on that page is more seen and yo...

Surveys

I tried my hand at surveys. Surveys are good time killers. You make a couple bucks with each survey. After you make a certain amount, the company sends you a check. Often, surveys will be worth points which, when accumulated, can be traded in for money. If you know people who like doing surveys you can refer them to the site by clicking on your own special link and you get a commission (around 20%) of the profits they make for completing surveys. So here's some sites that I did surveys for. SurveySavvy  - pays more but surveys are less available CashCrate  - pays pretty well I must say, in my lifetime I've made $41 dollars off of them All-in-all, in the quest to make $40 a day, surveys are a supplemental benefit.

$40 a day

$40 a day That is how much money I need to make a day to supplement my $800 a month salary washing dishes in order to pay my bills each month.  I have $2000 a month worth of bills. I have student loan payments that are overwhelming (they cost more than my car insurance). I have a mortgage and homeowners' fees. I have a car with insurance. I have a cell phone as well as internet. All of these elements add up to $2000. If I make $40 a day, I can make $1200 a month to supplement my $800 a month dish washing salary. Each day I will strive to make $40 a day.  It won't come right away, I may have to work at it. Leading up to the goal of making $40 one day, I may make $15 dollars a day. I may make $40 one day, but that was only a good day and I make $30 the next day. The goal is to consistently bring in $40 a day as a reality.  How can I make $40 a day? Here's how. I could get another job, but too many taxes are taken out. This money will be made doing it th...