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Secrets to getting rich? Post them here

 
BRIEF
Rebel with morals

User ID: 381742
United States
11/26/2012 01:59 PM

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Re: Secrets to getting rich? Post them here
Im pretty happy that they deposited my monthly money.

I could buy a meal of choice not the do it yourself one and 2 beer.
 Quoting: Anonymous Coward 28525953


Maybe they can teach you English too?
With freedom comes responsibility.

Heterosexual pride!

Briefcut4892
Anonymous Coward
User ID: 16074559
United States
11/26/2012 02:05 PM
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Re: Secrets to getting rich? Post them here
[link to www.profitclicking.com]
Anonymous Coward
User ID: 1550123
United States
12/06/2012 12:21 PM
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Re: Secrets to getting rich? Post them here
1.) Live below your means.

2.) Don't take on debt.

3.) Save your money and diversify it (gold, numerous savings accounts at various local credit unions.)

4.) Make your money work for you. Invest it. If you don't feel comfortable with the stock market then buy rental property.
 Quoting: Anonymous Coward 28258883


This^^^^^

But seriously would you rather be rich or free? The more money you have the more things you have to worry about, everything you buy or own needs to be managed, cleaned and cared for and protected.

If you "grow" beyond your circle of friends they will resent you, the best bet is the above 4 steps in moderation.

The secret to happiness is to love what you have.
hfhfhf
 Quoting: stillhere


You can have money but live simply and invest what you don't need for retirement. You don't have to look rich in order to be rich. You don't have to acquire 'stuff'. You can also help people out anonymously as well. So you can be rich and free.
Cat.Man.Deux

User ID: 29208567
United States
12/06/2012 12:36 PM
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Re: Secrets to getting rich? Post them here
what have you learned about money?
 Quoting: Anonymous Coward 27493615


The best way to get it is to inherit a fortune when your billionaire parent's private jet slams into a mountain in a snowstorm.
Anonymous Coward
User ID: 23593144
United States
12/06/2012 12:38 PM
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Re: Secrets to getting rich? Post them here
From Baron Von Rothschild 1632- If you allow me to print the currency of a nation, I donot care who makes the law.


A form of slavery but we in america are suffering from it now.
Anonymous Coward
User ID: 20566260
United States
12/06/2012 12:58 PM
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Re: Secrets to getting rich? Post them here
Realistic tip here:

Your rent or mortgage should be no more then a quarter of your monthly income. If u exceeded it, you are already screwed.
Anonymous Coward
User ID: 22829484
Canada
12/06/2012 03:52 PM
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Re: Secrets to getting rich? Post them here
I worked the 9 to 5 job and was part of the rat race and I hated it so much that it motivated enough to search for a way out. I ended up doing several things that make me a lot of money. I won't what exactly it is that I am doing as I do not want competition in my niche markets, but I will give you the themes.

1. YouTube channel - I became a partner and get add money from Google.

2. I wrote a few shorter instructional books on my niche and they currently sell on amazons kindle, apple's ipad, and the nook. I get very decent payments from this every month.

3. I run several website that have enough traffic that it creates very good revenues from adds.

4. I sold a lot of affliate products from clickbank on my websites. I look for products that pay a minimum of 30.00 per sale. Some generate over 100.00 per sale.

5. I started my own e-commerce site where I sell a niche product manufactured in China. I only spent about 500.00 to get this going. This included my website, hosting, e-store that accepts credit cards and paypal, the templates to put my companies logo on products as well as water proof stickers of my logo. The brilliant thing here is that all I had to do was market and sell the items. I do not handle inventory, nor do i have to purchase inventory. The manufacturer I partnered with in China builds my products, silk screens my logo onto them, adds the water proof logo sticker to the product, then boxes it with my logo on the box, and then ships it directly to the customers through DHL. Profit margin on each product sold ranges from 150.00 to 600.00 for each item. I sell around 50 products daily seven days a week. Last year I sold just over 18,000 products and this year looks like it will be a bit over 19,000. Profit was in the millions not including corporate taxes. This has been by far the best part of my business, but the books I wrote, websites I run, and you tube Chanel all are important as it drives traffic to my website which is what is making the most money.

My advice is look for something in China where you don't have to stock the item and the company will ship it for you to your customers. It has worked for me!
Anonymous Coward TURBO GOLD
User ID: 29217012
United States
12/06/2012 04:50 PM
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Re: Secrets to getting rich? Post them here
I worked the 9 to 5 job and was part of the rat race and I hated it so much that it motivated enough to search for a way out. I ended up doing several things that make me a lot of money. I won't what exactly it is that I am doing as I do not want competition in my niche markets, but I will give you the themes.

1. YouTube channel - I became a partner and get add money from Google.

2. I wrote a few shorter instructional books on my niche and they currently sell on amazons kindle, apple's ipad, and the nook. I get very decent payments from this every month.

3. I run several website that have enough traffic that it creates very good revenues from adds.

4. I sold a lot of affliate products from clickbank on my websites. I look for products that pay a minimum of 30.00 per sale. Some generate over 100.00 per sale.

5. I started my own e-commerce site where I sell a niche product manufactured in China. I only spent about 500.00 to get this going. This included my website, hosting, e-store that accepts credit cards and paypal, the templates to put my companies logo on products as well as water proof stickers of my logo. The brilliant thing here is that all I had to do was market and sell the items. I do not handle inventory, nor do i have to purchase inventory. The manufacturer I partnered with in China builds my products, silk screens my logo onto them, adds the water proof logo sticker to the product, then boxes it with my logo on the box, and then ships it directly to the customers through DHL. Profit margin on each product sold ranges from 150.00 to 600.00 for each item. I sell around 50 products daily seven days a week. Last year I sold just over 18,000 products and this year looks like it will be a bit over 19,000. Profit was in the millions not including corporate taxes. This has been by far the best part of my business, but the books I wrote, websites I run, and you tube Chanel all are important as it drives traffic to my website which is what is making the most money.

My advice is look for something in China where you don't have to stock the item and the company will ship it for you to your customers. It has worked for me!
 Quoting: Anonymous Coward 22829484


Great post! Nice to see some tangible advice - I know you don't want to say exactly what you are marketing (competition copycats would move in) but could you let us know a couple of things:

1. where or how would we search for such Chinese items? Are you speaking of sites such as alibaba.com?
2. What general market are you providing for? i.e. sporting goods, computer accessories, clothing, automotive, etc.

Thanks again for a useful post!
Anonymous Coward
User ID: 29201596
France
12/06/2012 05:00 PM
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Re: Secrets to getting rich? Post them here
“Some people are so poor, all they have is money.”
Anonymous Coward
User ID: 28249357
Canada
12/07/2012 02:51 AM
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Re: Secrets to getting rich? Post them here
I worked the 9 to 5 job and was part of the rat race and I hated it so much that it motivated enough to search for a way out. I ended up doing several things that make me a lot of money. I won't what exactly it is that I am doing as I do not want competition in my niche markets, but I will give you the themes.

1. YouTube channel - I became a partner and get add money from Google.

2. I wrote a few shorter instructional books on my niche and they currently sell on amazons kindle, apple's ipad, and the nook. I get very decent payments from this every month.

3. I run several website that have enough traffic that it creates very good revenues from adds.

4. I sold a lot of affliate products from clickbank on my websites. I look for products that pay a minimum of 30.00 per sale. Some generate over 100.00 per sale.

5. I started my own e-commerce site whiere I sell a niche product manufactured in China. I only spent about 500.00 to get this going. This included my website, hosting, e-store that accepts credit cards and paypal, the templates to put my companies logo on products as well as water proof stickers of my logo. The brilliant thing here is that all I had to do was market and sell the items. I do not handle inventory, nor do i have to purchase inventory. The manufacturer I partnered with in China builds my products, silk screens my logo onto them, adds the water proof logo sticker to the product, then boxes it with my logo on the box, and then ships it directly to the customers through DHL. Profit margin on each product sold ranges from 150.00 to 600.00 for each item. I sell around 50 products daily seven days a week. Last year I sold just over 18,000 products and this year looks like it will be a bit over 19,000. Profit was in the millions not including corporate taxes. This has been by far the best part of my business, but the books I wrote, websites I run, and you tube Chanel all are important as it drives traffic to my website which is what is making the most money.

My advice is look for something in China where you don't have to stock the item and the company will ship it for you to your customers. It has worked for me!
 Quoting: Anonymous Coward 22829484


Great post! Nice to see some tangible advice - I know you don't want to say exactly what you are marketing (competition copycats would move in) but could you let us know a couple of things:

1. where or how would we search for such Chinese items? Are you speaking of sites such as alibaba.com?
2. What general market are you providing for? i.e. sporting goods, computer accessories, clothing, automotive, etc.

Thanks again for a useful post!
 Quoting: Anonymous Coward TURBO GOLD 29217012


Alibaba and Alibaba express are pretty much junk unfortunately. Paypal wont allow them to use them to use Paypal as an option because so many people were scammed. Just google "alibaba express scam or sucks" and see what comes up. I found my manufacturer more by accident. I was on holidays touring around china when I can across a flyer in my hotel advertising a very large manufacturer trade show that was aimed towards westerners. I bought a pass out if curiosity because I thought that perhaps I could find products to sell with the books that I wrote. I ended up finding several companies and I ended up altering my holiday into a working one as I toured a few manufacturers and made a deal with one that I have now been working with for 5 years. There are some great Chinese manufacturers and some very bad ones. Look at the quality if apple products - made in china. Then look at the cheap electronic crap you get in a dollar store. Alibaba is full if the crappy dollar store type manufacturers. To sort out the good from the bad, trade shows sure help as you get to see the product up close and interact with it. Sorry but I don't want to say what my market is. I will however say that I intentionally looked for stuff that I could mark up between 150.00 to 650.00 ushers after shipping and manufacturing costs. Stuff like clothes is hard to make money off of for a small guy or someone starting out as mark up is not great and it is hard to do volume sales unless you luck out and are brilliant... Think lulu lemon yoga pants... Hard to repeat and or do in my opinion. Look for niche markets not being delivered by many and when you deliver it, it's all about being a better marketer than your competitor which is why I did so well. My books, websites, and YouTube channel all feed my e commerce site. YouTube hits in a year are just over 1 million, I embed my e commerce site into eac video and I get a lot if traffic and customers because they searched for my video, found something they liked in my video and found a place that sells it.
Anonymous Coward
User ID: 1342725
United States
12/07/2012 02:52 AM
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Re: Secrets to getting rich? Post them here
Scam the dumb.

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