Monday 14 December 2009

PART III: SOURCES OF PROFIT

We all have some sources of money. Some of you are working on full time job others are getting money from parents – possibilities are almost infinite. What I want to present in 3rd part are others some maybe little bit unconventional ways of earning money.

Easy money?
Recently I watched another tv commercial of a contest with 10.000 zl reward. The only thing that I had to do was as usual to answer on stupid question an send obvious answer by sms on some number. Cost wasn’t high about 3zl net per message. A while later there were another 3 commercials with other contests and rewards but same rules… I believe that this is now a good source to earn easy money. Why? Let’s assume that only 20 000 people will send this message in 1 release of commercial… 3 x 20.000 = 60.000 zl in just few minutes! Of course you have to deduct all costs: commission of mobile operator, cost of tv commercial, reward etc. but I believe that in the end you should stay with about 20-25% of total income. Pure profit without big effort.
The same contests I’m getting even by sms without ask. This can be also a good way to easy earn some money but I don’t believe that more like in case of tv commercial.

Search funds - what’s that?
If you know some i.e. family company that have troubles you can are on a good way to start making money. If you will succeed and find investors that will help you to acquire this company - you won. Generally search fund is a group of people that are investing their money into such projects. If they will support you with funds you can rebuild structure of this company in order to start getting profit from investment. When your shareholders will see that your idea was good and they’re getting money from it you can look for another company to acquire till you’ll be able to buyout share’s of your primary project and then have own well prospering company. If you don’t want to run some company you can always sell it to other investors with profit. Simple isn’t?



Running own business…

Most of us wants to start our own business in order to be financially independent. Running a company have some advantages as well as disadvantages. If you’re managing your own company please tell me what is more comfortable I mean to works for someone or on your own account? I don’t have much experience in it that’s why I’m leaving this section open for you.

Questions:
■ What other ways of earning money you know [unconventional one’s]
■ Do you think that billionaires have got their fortunes thanks to luck or impressive knowledge?

Sources:
■ www.youtube.com
■ http://images.google.com

6 comments:

  1. In my opinion billionaires got fortunes thanks to ability to take risk, impressive knowledge and hard work of course. Determination and good idea can turn into big success. And I don't understand people who say if you are billionaire you had to steal something. (Personally I don't know any billionaire :])

    ReplyDelete
  2. I think that billionaires have fortune thanks to both luck and knowledge. Else they need some good idea and find themselves in a good time in a good place ;)

    ReplyDelete
  3. I agree with Tomek.
    Billionaires have their fortunes thanks to luck and knowledge.Only luck doesn't help to achieve success.They must have knowledge to get money,increase and don't lose them in stupid way.

    ReplyDelete
  4. -> What other ways of earning money you know ?
    Hard working :))

    -> Do you think that billionaires have got their fortunes thanks to luck or impressive knowledge?

    I think the both, but also other abilities like good inside tracks, character, self-confidence, take a risk etc.

    ReplyDelete
  5. Billionaires are people who were not afraid to try and who were not afraid to invest their money, in addition to a great knowledge and a specific goal to achieve. There are, of course, many billionaires who got lucky, but most of them had the knowledge and the idea what they wanted and how they wanted to use that knowledge.

    ReplyDelete
  6. What other ways of earning money you know

    Playing poker of course!

    Do you think that billionaires have got their fortunes thanks to luck or impressive knowledge?

    Both, someone has rich family, someone won big money in lottery, and someone are brilliant and wrote windows 95...

    ReplyDelete