This is BX @ Boxden.com


The Quickest Way To Make A Million


 The Quickest Way To Make A Million
24 topic by lb231982 - 12-20-2012, 11:29 PM - Boxden > The Money Spot (finance/careers)


Source & Info: www.linspiration4life.com



Info:

American hedge fund manager, author and blogger James Altucher explains the fastest way to get rich.

James Altucher tips on getting rich fast

Step one. Figure out an area that is “hot”. For instance, Facebook marketing is inning one. Better tests for personalized diagnostics of age-related diseases is in inning one. Understanding the root causes of depression is in inning one. Combining mobile with social is in inning one. Self-publishing your book and marketing it is in inning one. There are probably 30 more areas I’m neglecting to mention. Maybe 100. Or 1000. Start listing them today.

Step two. Start a service business in one of those area. For instance, go to every local business in your town and offer to set up the facebook fan page for their business. Then, in store, their customers can “Like” their page. Then all the friends of those customers will see that they Liked that page and will be curious. That’s the basics. Then it gets more and more advanced as you get familiar with the Facebook landscape and their tools for targeted marketing. If you can’t get any customers for this basic business then something is probably wrong with your pitch, with you personally, or you live in the woods. You can be ten years old and get this business started. Get ten clients or more.

What about age-related diagnostics tests if you are not a scientist? No problem. Write a newsletter about the latest developments in that area. Make a blog about it. Or sell your subscription newsletter for a high price to every big pharmaceutical company. In other words, pick an area in “Step One” above and then brainstorm the various ways you can build a business around that area in “Step two”. You don’t have to make an airline to set up a travel-related company. There are many ways to come up with ideas that work.

Step three. Productize your service. Let’s say in the Facebook example above. Come up with a way a business can auto-post onto the fanpage timeline their latest offers, polls, etc. Products create more value than services as far as business acquirors are concerned because it follows along the dictum of “make money while you sleep”. In the age-related diagnostics newsletter example – find software to scour the FDA database about new submissions that you then collate into your newsletter. And so on. I know one person who is an expert on how to find lists of “rent to own” homes. He quickly made a database, put it online, charged a subscription fee to get access to the database, marketed on Google, and is now making $300,000 a month within two months after launching. He’s 27 years old and never went to college. He can do it. So you can also. If he wanted to sell for one million dollars today to a company like Zillow for instance, they’d pay him that in a heartbeat. Since I’m an investor in his company I’m hoping he eventually sells for a lot more than that.

Step four
...ARTICLE CONTINUED @ www.linspiration4life.com


share this topic    Share this on Twitter Share this on Facebook

4 comments for "The Quickest Way To Make A Million"


 12-21-2012, 12:28 AMonline - #2
YoungKazzy 48 heat pts48

  d 
space
$2,999 | POWERFUL
Step 1: Call El Chapo
 12-22-2012, 01:04 PMaway - #3
Gateway972 43 heat pts43

  d 
space
$2,529 | POWERFUL
Originally Posted by YoungKazzy
Step 1: Call El Chapo



 12-22-2012, 04:04 PMonline - #4
YoungKazzy 48 heat pts48

  d 
space
$2,999 | POWERFUL
Originally Posted by Gateway972


 12-23-2012, 10:51 AMaway - #5
- JaEdEe24 - 14 heat pts14

  d 
space
$2,376 | POWERFUL
Good post dawg
 
 


Go Back   Boxden.Com - Stay First. Follow BX. > BX Table Of Contents > The Money Spot (finance/careers)
    
         

 



Latest hot topics on fire the past 48 hrs
Oct 23 - Substitute Teacher Gives Student A BJ On Her First Day
54 comments
Oct 23 - Ebola in NYC
65 comments
Image inside  Klay Thompson Still Winning Yoooooooooooooooooo!
135 comments
 Video inside Age Of Ultron Trailer 1
New reply 5 minutes ago - 259 comments - by Jesszman
 Image(s) inside White Girl Got Azz!!!!!!
New reply 12 minutes ago - 71 comments - by tokinjohn
 Video inside Ilovemakonnen X Drake - Tuesday (official Music Video)
New reply 8 minutes ago - 76 comments - by ogghosttrain
 NCAAF Notre Dame Freshman Wr Justin Brent Dating Legendary F...
New reply 15 minutes ago - 144 comments - by theFREAK
  Is There Any Rapper That Never "fell Off"?
New reply 9 minutes ago - 136 comments - by JewsusChrist
 Image(s) inside Drake Fires Back At Tyga
New reply 18 minutes ago - 111 comments - by Frankybaby
 Image(s) inside Oct 22 - Autopsy Reveals Michael Brown Reached For Off...
New reply 10 minutes ago - 360 comments - by theFREAK
 NBA Shawn Kemp Top 10 Dunks (the Blake Griffin Of The 90s,...
New reply 29 minutes ago - 118 comments - by EZ Green

Like BX on Facebook Follow BX on Twitter
5,826 fans of BX | none new today 4,798 following and 1 new today

hot topic blog       hip-hop   |   sports   |   movies   |   games   |   news   |   wild'ish   |   gear   |   rides   |   tech

contact us   |   mobile   |   privacy statement

 Boxden.com. 1998 - end of time.