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What's the smart thing to do in these tough economic times?
Is it look for a second job when jobs are becoming harder to find?
Is it buying gold when you don't have any money to spare?
Worry is like a rocking chair. It gives you something to do but doesn't get you anywhere...
I think the smart thing to do is to figure out how to take advantage of it, how to profit from these difficult economic times. People still have money, they just don't have as much as they used to.
Who made more money, the people digging the gold or the people who sold the gold miners the tools they needed to dig the gold?
Easy answer: the people who provided what the gold diggers and opportunity seekers needed to hopefully strike it rich. They're the only ones who were guaranteed to make money.
Only one thing has changed since the gold rush days. We now have the internet...an incredible way to get your message out to millions for almost no cost.
The way to get rich is to find out what people are dieing to get...and give it to them.
At a profit, of course.
There are ways to do that. A very simple example would be to buy gasoline at $2 per gallon, buy hundreds of thousands of gallons and store it in tanks. When the price of gas goes up and everyone is selling it for $4 a gallon, sell yours for $3 per gallon.
Believe me, once word gets out you'll sell out quick!
(A side note here: If war breaks out between the U.S. and Iran over the nuclear issue, the price of gas WILL go up. The U.S. imports billions of gallons of crude from Iran...$5 per gallon for gasoline would not be a stretch of the imagination. Food for thought?)
So what do people have to have? What do they absolutely want to get their hands on?
People are searching online more and more for ways to earn more money, and not necessarily how to make money online. There are still millions of people who don't even own a computer, and wouldn't understand how to use it to make money, but everyone knows how to do some labor or provide a service for someone else in the offline world and get paid for it...are you putting yourself in line to sell your money making how-to information to them?
Or are you letting opportunity pass you by?
Don't let yourself become like every other ordinary working class Joe out there, worrying you'll lose your job (and your main source of income) and have trouble finding another one, waiting until it's too late. Now is the time to begin creating another source of income, not when you happen to get around to it.
Find out what people want and give it to them. It really is just that simple.
If you have what everyone can't wait to get their hands on, and you sell it for the absurdly low price of just $3, and you only sell 100,000 copies of it...
yeah, that's $300,000 in your pocket, minus any costs, and with digital delivery there are almost zero costs.
The trick is getting your message in front of millions of people, to let them know you have what they are looking for and how they can get it.
Once you figure that out, you're set.
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Last edited by Allen Farlow; 10-02-2009 at 01:00 PM.
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