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 AMaway - #2
YoungKazzy 48 heat pts48

  d 
space
$3,005 | 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 PMaway - #4
YoungKazzy 48 heat pts48

  d 
space
$3,005 | 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
Microsoft Investigating Xbox Owners for Fraudulently Refunding ..
68 comments
NBA Josh Smith responds to Kenneth Faried, calls him ‘a clown’
51 comments
NBA Confirmed: Russell Westbrook has a small fracture in his..
62 comments
 NBA Carmelo Anthony Busts A Nut In Lebron's Eye (video)
New reply 3 minutes ago - 78 comments - by King Henry
 Article inside Tim Cook: Apple Ceo Says He's 'proud' To Be Gay And &q...
New reply 13 minutes ago - 57 comments - by Shadiah
 Video inside Before Dej Loaf Would Get Your Whole "fombily&quo...
New reply 4 minutes ago - 132 comments - by lilbeast
 NBA Miami Was Using That Fake Crowd Noise Last Night
New reply 15 minutes ago - 116 comments - by st21
 Image(s) inside Nas Gettin Sucked Off By Madonna In The Studio (pic)
New reply 6 minutes ago - 99 comments - by PyrexVisionary
 audio inside Nas - The Season (full Version)
New reply 31 minutes ago - 95 comments - by MANNYSOSA
 Image(s) inside Nicki Minaj's Boyfriend Responds To Drake & Wayne ...
New reply 8 minutes ago - 62 comments - by Frankybaby
 Video inside Why This Old Nigga Was Stoppin Sh-t Like He Was Goku?
New reply 36 minutes ago - 75 comments - by HeatMafia410

Like BX on Facebook Follow BX on Twitter
5,832 fans of BX | none new today 4,799 following | none 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.