Here are five simple rules I learned from the late J.F. (Jim) Straw, and a few of my own:
START WITH A SMALL INVESTMENT: $10 or less. In today’s marketplace the initial investment might be more on the order of $100 to $500.
MAXIMUM RETURN: $1,000 to $5,000 in thirty days. If the initial investment is $100, the return would be between one-thousand and five-thousand percent. Depending on the product, its possible.
NO SELLING: Sell the need for the product. Retailers need inventory and will pay a reasonable price to get it. They will have sold themselves.
IMMEDIATE POSSIBILITIES: While there is a lot of money to be made on the Internet, more opportunities exist right outside your door when you make the effort to find them.
CASH & CARRY: Where possible, develop a cash & carry lifestyle. Carry debt only to create and maintain a credit rating.
STAY HUNGRY: Just because you make a million dollars doesn’t mean you spend it. Pay yourself a comfortable income and put the rest into an investment account that will buy in to long-term passive cash flows.
I leave you to fill in the blanks and figure out, for yourself, how you can make these seven simple rules work for you.
Copyright 2018-2019, Moody Publishing Co., LLC