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10 NO-WORK WONDERSQuick-start moneymakers with million-dollar returns.
1. Online Auction Business: You can start an online auction business in less than an hour with your home computer. Visit www.ebay.com and learn how you can make money by listing items you no longer need or care about and cash in with the more than two million auctions that close on ebay each day. There are a number of auction websites cranking out millions of dollars a year for online auction entrepreneurs. You can even start a specialty auction business and focus on just one item or type of item, say movie collectibles or bird houses, yo-yos, etc. Go online and research resources and purchase these goods at wholesale rates and start making money! We have interviewed eBay powersellers who are making $150,000 a month with their online auction businesses. Why not you? Sinclair has written eBay Business The Smart Way: Maximize Your Profits On The Web’s #1 Auction Site (AMACOM, $24.95). In the book he presents a comprehensive strategy, plus savvy tips, for selling on eBay as a full-time, money-making enterprise. Starting with the minimal investment required, he illuminates the benefits of building a business on eBay. If you have treasures lying around, or if you have access to wholesale goods, you can get in on this mega-profit bandwagon. Log onto www.ebay.com and register with a user name and email address and enjoy the show. 2. Online Affiliations: More than $5 million a year is made in the online affiliation business. You can make money while hanging out if you just set up the right online affiliation programs through your website. If you can attract enough visitors to your site and if they’ll then purchase goods on sites that you have links to, you will pick up a percentage of each item sold. We were reading recently of a gentleman who makes as much as $3,500 a day through his online affiliation programs. He won’t identify himself, however. Perhaps he doesn’t want to take calls from people who want to learn how it’s done and/or he is not reporting his full income.
3. Mail Order: It is very easy to start a mail-order business right from your kitchen table with $100 or less. All you need is a product to sell, place some ads, establish a website and start raking in the money. 4. Seasonal Services: Regular readers of this magazine know we are high on service businesses that save clients time, energy and offer them a lot of freedom and convenience. Seasonal services are those that you run for as little as three months a year.
5. Website Empire: With a website, you have a global marketplace at your fingertips. One click can send your products or services around the world. There are many ways to establish a site of your own. The important thing is to keep visitors coming back to your website. The Dummies series of books has several on web design and promotion. Do a Google search on how to set up your own website. Add this essential and powerful tool to your current small business. Even a nice home page will help you establish a web presence. 6. Buy An Existing Business: Our website at www.sbomag.com has a listing of more than 150 business opportunities packages that you can purchase. It is an instant way of starting your own business. The companies offering such “turnkey” opportunities have done all of the work for you. You buy their business idea and concept. Unlike a franchise, you don’t have to adhere to any strict guidelines; in fact, you can call the business anything you like. Check out the listing. There is something for every interest and budget. 7. Computer Tech Support: The popularity of the Geek Squad at big box store Best Buy is growing. But there are parts of the country that don’t have access to computer fixit tech support people. If you live in such a region, and are savvy with computers and tech stuff in general, consider launching your own computer tech support service. 8. Your Dream Business: A very wise woman once said, “Do what you love and the money will follow.” This is what all entrepreneurs need to do: find something they enjoy and are passionate about and then figure out a way to make money with this interest or hobby. We recently profiled, for example, a guy in Florida
10. Your Invention: The American Inventor television show proves that there is a lot of interest in creating and marketing an American Dream product. If you have thought of something but have been holding back, make this year the one you get off the couch and start creating your future. Check out nolo.com for the many valuable books they have on inventors and inventing. The Inventor’s Notebook is highly recommended! • |
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