Yes, You Can Make Money Online!

Thrifting/Flipping - Drop Shipping - Retail Arbitrage

Introduction

Yes, I know, there are hundreds or even thousands of "Make Money Online" scams running on the Internet these days. My spam mailbox is full of them everyday because I work online and my contact information is very visible. It's like a magnet for spam. No problem, that's just part of the game and you set up mechanisms to deal with that.

Currently, I am retired after over 35 years in the construction and mechanical trades. One might think that I'm not the ideal candidate for such "techie things" as working online. Don't make that assumption, about yourself or anyone else. Although many might consider me a "hand skills", blue-collar kind of guy, I'm also a Techie. I have been on the Internet since 1999, writing and blogging, mostly for fun.  At the same time, I was reading a lot and honing my skills. Around 2000 – 2001, I actually launched a computer sales and repair business. I had a great source that would custom build computers for me which I would then sell to my clients with very little markup and then provide after the sales service, program installation and training on an hourly basis. As a side job, it did quite well until the bottom fell out of the computer sales market. Even with my great source, I couldn't compete with the prices that people were able to get from offshore manufacturers. I close down the retail sales portion but continued to maintain the service and training side of the business to this day.

In 2012 I actually took the plunge and got my feet wet in the online business world of referral marketing. After a bit of a slow start, I was able to parlay this business opportunity into a $1000 a week proposition. I kept this up for many months and introduced hundreds of other people to the opportunity and train them how to do what I was doing. A lot of money was made by a lot of people. After about six months of working this business, I got bored. One might say I suffered from "Adult Onset ADD" LOL! 

It's sort of been my history to get involved in various enterprises, learn everything I could from the process and then move on to something new. Shiny object syndrome for sure! Not to say this wasn't beneficial or profitable, it was both. I've made a lot of mistakes and failed just like many others. I also made a lot of money along the way. The main difference is I learned from the mistakes and failures and did not repeat them. I also got back up and tried again if I failed. I knew it was doable and possible so I kept at it. I also carefully analyzed the various issues and problems that I had experienced. Ultimately, what eventually came to light was that I was just tired of constantly having to re-create it every day, all over again. When one is involved in an online business, one often finds that success is predicated on being able to "Sponsor" or recruit somebody else into the business and teach them how to do what you are doing.

This is workable but tiring as well as emotionally draining. It gets very old after a while, needing to drag the unwilling and frequently unqualified down the path to success. Frequently, it is not even possible. 
I needed to find something that I could do profitably that didn't require a huge upfront investment, sponsoring, product Auto-Ship programs (MLM's) and the resulting garage full of unusable and unsellable products. I needed a way that I could sell products to somebody that wanted them and then use the money they paid me to then purchase the product and send it to them. No inventory, no stock, no capital investment. Truly a "Shoestring Start up" business.

Recently, I found just such a program, it's called "Drop Shipping" and much to my surprise, it is a fairly common practice. I had just never come across it before. 

Drop Shipping...What is it?

Drop shipping is actually a pretty simple process. Typically when you purchase a product, you either go into the brick-and-mortar store, buy it and take it home with you or you order it online and have it shipped to you. These days, many people are extremely busy with all the various pursuits in their lives including their jobs, their families and other interests. They often find their schedule so full that it is inefficient or in some cases impossible to physically drive to a brick and mortar store to make purchases that they could just as easily make from the comfort of their own home on the computer or from just about anywhere on today's mobile smart devices. Mobile shopping is making huge inroads into the traditional shopping experience.

Platforms like eBay, Amazon, Etsy and dozens, if not hundreds of others have capitalized on this trend.  In the case of Amazon, they are striving for the goal of same-day delivery throughout the continental United States. They are getting very close to achieving this goal by constantly expanding their network of Fulfillment Centers throughout the United States and around the world. With the advent of Amazon Prime, Amazon has locked in a huge customer base of very loyal Amazon Prime shoppers that want what they want and want it quickly. Amazon Prime members qualify for free two-day shipping and that is a huge draw. It is been amply shown that Prime members are willing to pay more, sometimes much more for that fast, two-day shipping and the convenience of having just about anything they desire show up on their doorstep in a day or two.  It may sound counter intuitive to pay more for something but the statistics bear out this trend. Prime members are willing to pay the premium in exchange for the convenience.

So… Back to “What is Drop Shipping?”  Drop Shipping is simply the process of ordering something from an online vendor and having it shipped. But… not necessarily shipped directly to you but shipped instead directly to your customer!  Companies that participate in drop shipping programs will send your purchases anywhere you wish.  Amazon is one of them.  This is the key to one of my businesses. Another key is called "Arbitrage".
  
Definition: 
Arbitrage: Noun, In finance, the simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices.

In layman's terms, this means buying a product in one place at a lower price and selling that same product someplace else at a higher price. It's the purest form of "buy low – sell high". In today's vernacular, it is also called "Flipping".
  
One can "flip" almost anything if the pricing conditions are favorable. If I can find a product that is in demand (important aspect) at a favorable price that when sold, after all costs of the transaction are subtracted, I can still make an acceptable return on investment (ROI) I have a potential deal that will generate income for me.

Although simple in concept, there is potential risk in the purest form of arbitrage. If you do arbitrage correctly, per the definition above, you simultaneously by and sell. This means you already have a committed customer at a specified price before you actually buy the product. This is a pretty safe bet but still has some potential risk should the deal fall apart for some reason. 

There is also a variant of this process called "Retail Arbitrage" in which you search for and "source" various products that are on clearance or are significantly marked down at retail. If, after sufficient research to determine that there is actually an untapped market for this product at a favorable price you would purchase a large quantity of this product and then market it yourself to your own customer base. This customer base can be your own website store, or a platform like eBay or Amazon. This variant does require some investment, sometimes a substantial investment, which equals risk. The risk part comes in if your research is faulty or lacking. This is where experience enters the game and only seasoned Arbitrageurs should play. There are many reasons that this particular activity can fail, especially for those inexperienced in this market. 

Here's a real world example; I know a young guy that "discovered" this process/opportunity and decided to go all in without sufficient research. He happened to be a reseller on Amazon and that's where he thought he would sell this product he purchased. Unfortunately, being new to Amazon, he failed to realize that the products he purchased in bulk were restricted on Amazon or part of a category on Amazon that is "gated" and that one must be pre-qualified to list products in. Amazon is funny that way. They can be difficult to deal with and it's their game and you must play by their rules, no exceptions. Fortunately, he was able to offload his inventory on the wild West that is eBay. eBay is much less restrictive although it does still have certain restricted areas. Lesson learned.

The program I'm involved with eliminates even this risk. Your customer purchases the product from you, pays you for it and then, and only then do you actually a go out and purchase that product and have it Drop Shipped directly to them. Your personal money is not at risk. Sweet Deal!

Thrifting & Flipping

Are you a garage sale junkie like me? Do you haunt thrift shops in your area? If you do, "there is gold in them thar hills". 

I'm sure most of you have heard the stories about people finding immensely valuable items at a thrift store, tag sales, library book sales, rummage sales or garage sales for next to nothing. Although rare, it does happen. More commonly you will find arbitrage opportunities. The chance to find that someone's junk that they are happy to get rid of actually has value and a market. I make a lot of money doing exactly this. Saturday mornings are my "sourcing" days for stuff to flip. "Garage Sales for fun and profit".

Sometimes junk is just junk. Doing your research and knowing the junk from the gold is where the flipping opportunities come from.  If you have a careful eye and know your market there is much money to be made.

As a simple example, I came across 4 bankers boxes full of Mikasa China in three discontinued patterns. I bought it all for $25 and have been selling it off, one piece at a time on eBay for a significant markup. As of the time of this writing, I have made back four times my original purchase price and I've only sold about one quarter of the collection. Ultimately, I expect to achieve an ROI of at least 500% on this one garage sale find. 
I track everything I sell on both Amazon and eBay and my average ROI is 85% or better. For my flipping business, I tap into all the sources mentioned in the first paragraph. I love to dig through this old junk just for the fun of it. Now I do it for the fun and the PROFIT!

Pro Tip: Never pass over something just because YOU think it is junk. Do your research and you might be surprised. I certainly was!  Did you know that there is a healthy market for old VHS tapes? Neither did I until I looked. Now, I make a few bucks on every VHS tape that I buy for $.50. Sometimes a lot more than a few bucks. Sometimes it's $20-$50. It's a weird market but why not capitalize on it? One of my favorite finds (and one that confirms that cat people are crazy) was a VHS videotape that was produced strictly to entertain cats while their owners are away from home. Like most, that tape cost me $.50. What almost floored me was that the market price was almost $50!
As mentioned, if you actually want to do well at this game, you need some training.

As the saying goes "Wisdom is learning from OTHER people's mistakes." 

If you really want to know how well any training program is doing, just check out their retention numbers. How many new people remain with the program past the first month? You will find that the attrition rate is ridiculously high on 99% of the programs you will be exposed to. Something on the order of 3% to 4% are actually successful (depending on your definition of Success). A large percentage are just hanging in there and keep paying for the training in the hopes that it will somehow magically work for them but it never does because they are not putting the training into action often as not. The rest just give up and wander away, usually poisoned about ever making any money online. That is the truly unfortunate result of many programs. It's sad.

This is called the EOF / FOF syndrome; Experience of Failure – Fear of Failure.
If you talk to any successful entrepreneur, they will often tell you that when they get involved in something, if they are going to fail, they want to "fail fast", learn from the experience and move on to the next game. They do not, I repeat NOT let a failure knock them down for any length of time. They simply pull up their socks and get back in the game, having learned from the experience.


Dana

Working online-an update

It's been a while since I've posted here so I'll try to update what's been going on in my life, at least the online portion of my life.

I have been very busy for the past few months launching a new income stream. (Multiple income streams is something I've mentioned several times in the past)

In this case, after spending a couple of months working with the DSDomination drop shipping program (linked on the upper right of this blog) and doing pretty well, I stepped up my game and added Amazon FBA to my bag of tricks. FBA stands for "Fulfilled By Amazon" and it simply means that you source products from wherever you wish, box them up and send them into Amazon. Once they hit Amazon, they take care of everything else. You no longer have to worry about shipping individual items creating listings, customer service or any of the time eating activities that you may be suffering from working on eBay. Don't get me wrong, eBay is great for getting rid of your own stuff and for sourcing from Amazon and drop shipping. 

The upside of DS Domination is that it teaches you how to work in the online arena and source and sell products. It's basically the boot camp of this type of retailing. After you've done it for a few months and if you want to up your game and make more money, the next move is to Amazon FBA.

Another upside is that you are not working with your own money if you follow the program. When you list an item on eBay, you don't actually possessed the product at that time so you have not put out any money upfront. When your item sells, the buyer send you money directly into your PayPal account which you then use to go to Amazon and purchase the product and have it shipped to your buyer. It's a great way to shoestring your way into online retailing without having to invest a lot of money.

While it is an awesome program that DS Domination teaches, the downside is that it can be very much of a time sink to keep it going at any significantly profitable level.  It is a constant cycle of searching on Amazon to find products, checking on eBay to see if you can make a profit, creating a listing and then waiting to see if it sells. If it does sell, then you must go back to your source on Amazon and order the product and have it shipped to your eBay customer. You also need to handle your own customer service and the back-and-forth communication's with your buyers if there are any. If you are only selling 10 or 15 items on eBay, it's not that time-consuming. If you only need to make another $100-$300 a month and keep it on a part-time casual basis, this is really all that's needed. If, on the other hand, you actually want or need to create a significant income, eBay becomes a major part of your day and it's not really possible to do this while you're working 40 to 60 hours a week.

The next step is to up your game by starting an Amazon Seller's account. 

There are two types of Amazon Seller accounts; The first one is called "Merchant Fulfilled" and is similar to eBay in that you are doing all of the product handling and shipping and creating your listing on Amazon rather than eBay. There is some benefit to this because Amazon is effectively the world's largest retailer and has a huge following and a tremendous customer base. Potentially, your listing will be seen by a lot more people than if it were just on eBay. Amazon's customers are very loyal and typically will shop at Amazon and not price shop other places. Amazon also has the benefit of their Amazon Prime program which offers free, two-day shipping for Prime members. This is a huge draw and prime members will often pay a higher price for the same item just to get that free two-day shipping.

The next is the Amazon FBA program. FBA stands for Fulfilled By Amazon and this program allows you to send all of your products directly to an Amazon Fulfillment Center where Amazon handles everything for you for a fee.  There are numerous fees involved which ultimately can add up to approximately 1/3 of your sale price. While that may sound like a pretty steep hit to take, if you run the numbers and take into account the amount of time you are saving by not having to deal with your own packing, shipping, and customer service it actually works out pretty well. Add to this the Amazon customers loyalty that draws premium prices and this game can be quite profitable.

If you want more information about this feel free to contact me directly.

If you are interested in getting started just use the link in the upper right-hand corner of this blog under favorite links to jump over to my intro video and sign up page for DS Domination.

Deals-by-Dana on both Amazon and eBay

Making money online, an update.

My last post a few months ago suggested that one could "Quit their Job".  Of course, that begs the question "What am I going to do for money if I quit my job?"

• Unless you have retired with a nice fat bank account and a pension (something that is extremely rare these days), you will either have to find another job, start your own business or turn to working online from home.
    
• Maybe you're not retired and the current job you have just isn't paying the bills. It is rare to have a paycheck that actually keeps up with rising costs of living.
• Maybe you don't even have a job or lost the one you had. This can put one in some pretty dire financial circumstances. If you have a family to support, rent or a mortgage to pay along with other normal day-to-day bills, you may be in some serious financial difficulties. You need to do something NOW to get some money coming in the door!
• Are you a stay-at-home mom or stay-at-home dad so that you can tend to your children while your spouse works all day? The successful "single-income" family is pretty rare.
• Are you an "Empty Nester" whose children have moved out and you are bored to tears with nothing to do all day?

I know, for many of you, this is a unfamiliar concepts. For us older folks that were taught the way to be successful in life was to "get an education, get a good job, work 30 years and retire".  Nice fantasy my friends but "that dog don't hunt anymore". Companies, even big companies, are closing their doors and laying people off right and left these days. Is a very sad but not uncommon story to hear that someone got laid off just short of their vesting period in the retirement plan and ended up with No retirement money and no health plan. One day, you're getting along just fine and the next day you find yourself jobless, broke and with a very dim future.  It ain't pretty but also not that uncommon these days. 

What are your options? There are a few;

• Freak out and scramble around like crazy trying to find another job that will likely only pay you half of what your were making. (Been there, Done that.) 
• Try to start your own business. Do you know how to run a business? Do you have the resources to even start your own business?
• Look to the online world of Internet Marketing and take the plunge. Without a "Mentor" this is very much a hit or miss proposition. There are plenty of shysters out there with huge promises of instant wealth for no work. Please?… Have you lost your mind?  Without a proper Mentor to guide you, success in this field can take a minimum of 6 to 8 months and very likely quite a bit longer. It can be done if you find the right vehicle and have the fortitude (and funds) to stick with it and make it work.

There is a solution!

The solution is to involve yourself in some type of Network Marketing, Affiliate Marketing or some other aspect of online work.  There are a million different "opportunities" out there, some you may have already tried with little or no success. I know I have with varying results.  

Some were a total bust, others made a little bit of money but took way too much effort for the return. Even if it was a moneymaking operation, like most, the opportunity eventually saturates out and dries up and the money becomes harder and harder to generate. 

You find yourself scrambling every day to keep the whole thing afloat.  I have been involved in online businesses that literally made me thousands of dollars for a few months and then just faded away. Pretty disheartening I know.

One of the things I learned along the way was that one needs to develop multiple streams of income and constantly be creating to keep the money coming in.

If you have a single stream of income (like a regular job for instance) and that stream suddenly dries up you're going to have a rough time of it. The trick is to set up and maintain multiple streams running simultaneously so that if one dies you can ramp up your efforts in another area to increase the income from that one while you look for a new one to add to your stable.

So what do I do now?

After much "testing of the waters" and fumbling around with several programs on my own, unsuccessfully I might add, I came across a person that had substantially demonstrated success in this area that was willing to take me under their wing and show me the ropes.  Along the way I learned this maxim... 

You do not need to reinvent the wheel.  The best way to get ahead in business and in life is to find someone that has what you want and is where you would like to be and then find out exactly how they did it and do the same thing. It is a simple concept although sometimes not necessarily easy, it is still simple. It is simple because you have an exact pattern to follow and thereby avoid taking the lumps of trial and error along the way. Your mentor has already done that so you don't have to.

If you are interested in such a program, simply click on the link at the upper right of this blog (Favorite Links) and proceed. I myself am deeply involved in this particular program because...

• It has an extremely low threshold of entry, 
• Requires no recruiting, (but you can if you wish. It's nice to share the wealth)
• No selling, 
• No websites or capture pages,
• No phone calls-in or out,
• No bugging my friends and family to buy products they don't want, 
• No AutoShip programs that leaves you with a ton of products filling your garage that you can't use or sell. (been there, done that)

It is very simple to do, the training is provided online 24/7 so you can work it at your own schedule and you can make from $200-$2000 or more a month in your spare time, only working a couple of hours a day.

It's working very well for me and I make money from it every day. You can too!

Good Reasons to Quit Your Job

Good Reasons to Quit Your Job

Newsflash!  The field of employment and jobs has drastically changed over the years.  In the early 1900s, a significant change occurred in the United States.  It was called the Industrial Revolution.  Prior to that, most people either worked for themselves on a family farm or were in an apprenticeship program, learning a trade so that they could start their own business.

The Industrial  Revolution created a huge demand for something new called an "Employee", someone that would work for an hourly wage on a production line, producing the products for that particular company to sell.  The problem was, there was no infrastructure designed to produce this type of worker.  Most people did not attend school, at least not past the elementary grades.  Formal education was not in high demand.

This demand for employees was what drove the creation of the School System.   Rudimentary at first, the school system and its methods were formalized over time and stabilized on the standard of Elementary school, High school, and College or University level training. With only a few minor modifications, this system has remained in effect until present time.  Its end goal, however, has not changed.  It is still designed to create employees.

Why would you want to quit your job?  Here are a few reasons:

The middle class is disappearing and may in fact be dead! 

The American Dream never really existed.  It was, in fact, a marketing scam.  A carrot on a stick devised by Industry and Education that told the workers the way to happiness was to get a good education, get a good job, be a good "worker drone", slave away for 30 or 40 years until you are old enough to retire and then spend your "Golden Years"  being taken care of by the system.  In the early days, this may have been somewhat true but times have changed.  The carrot keeps getting moved, retirement age keeps getting moved and taxes, inflation and government fiscal mismanagement and political infighting have essentially destroyed the dream.

You are no longer an asset.  Employees have become effectively a liability for a company.
Outsourcing of jobs, a huge increase in the use of "temporary employees" (to avoid having to provide benefits), computerization and robotization of many tasks have all led to the end result of effectively destroying the middle class dream.

Corporations don't like you!
If you have half a brain, and are reasonably competent, you will soon realize that you are being exploited and demand more money.   This doesn't bode well for the bottom line of the Corporation.  They want nice, docile worker bees that never question and never cause problems. Just shut up and do the job you were assigned to do and don't make waves.  Effectively, "superstars" have a target on their back.  You are giving the other worker bees bad ideas and causing dissension in the ranks.  Incompetent and ineffective management often fear people that actually think for themselves and that possibly question management decisions.  This is not good!  There is an old business school maxim called "the Peter Principle" that one gets promoted within the corporate structure to their level of incompetence, where they remain.  Very few forward thinking companies will actually buck this trend.  Think about it, current management has risen to their own level of incompetence so of course they are not going to break that system that got them where they are.

Money doesn't necessarily equal happiness.
A common question among job seekers is "should I take the job I like or should I take the job that pays more money?"  Being an entrepreneur myself, I would question the viability of taking any job at all of course. Given what I know about this field, for most, a job is a dead-end in itself. 
Leaving that aside, studies show that an increase in salary offers little to no increase in "happiness" above a certain level. Why is this?  Because of one basic fact: people tend to spend what they make.  If your salary increases $5000, you will increase your "lifestyle" and quickly consume that increase.  Then you will ask yourself, "where did all the money go?"  You really didn't need the things that you blew the raise on and now you need something else, another raise!  playing at the corporate roulette table of salary increases is not a winning tactic.

Take a close, honest look right now at how many people can make a major decision that can ruin your life!
Personally, I don't like it when one person can make a decision that can have a major impact on my life.  If you are in that position now, and are controlled by time and money, you have to kiss ass every day to not lose everything you've gained up to this point.  That really sucks!  The way to avoid this situation is to diversify.  Create alternate streams of income that dilute or mitigate the power that person has over you.  I understand that this can't happen in a day.  Start planning now to create your own destiny.  Instead of allowing people you don't like to control it for you.

Is your job satisfying your "needs"?
How do you define needs?  Here is a suggestion: There are actually 4 "needs" that one may identify. 1. Your physical needs.  2. Your emotional needs.  3. Your mental needs.  4. Your spiritual needs.
Personally, I have had jobs in the past where I had to work far too hard and too long.  This was rarely satisfying for any of my personal needs.  The only thing it did was provide money. I have already addressed the issue of money not equaling happiness.
Yes, you can argue that not everyone is able to have all of those need satisfied at a job. Since we already know that the salary of a job will not make you happy, you can easily modify your lifestyle and at least work to satisfy more of your needs. The more these needs are satisfied, the more you will create a condition of true happiness and abundance in your life.

Excuses.
"I'm too old."  "I'm not creative." "I need the insurance." "I have to provide for my kids." Winners make things happen, losers make excuses.  Which do you choose to be?  I once ran into a person I hadn't seen for several years.  I didn't even recognize him at first.  When we had worked together on a job years ago, he was always looking bedraggled and beaten-down.  Life was not being kind to him.   Now, you is a totally different person.  He looked 10 years younger, was nicely dressed and had a big smile on his face.  So what had changed? About six months after I left that job, he got fired.  I'm sure at the time, it was devastating to him. .  He related this story to me; For the first couple of months he was frantic, trying to find another job so that he could support himself and his family.  Then one day, he had an epiphany.  He realized that he had actually been set free from the zoo!  He was no longer trapped by the virtual bars of an extremely stressful job that paid too little and satisfied none of his basic needs other than providing some money. He had chosen to make use of his experience and talents to start his own business.  At first, he wasn't making a lot of money but the freedom was exhilarating.  His happiness and exuberance soon allowed him to generate a large customer following and he was now making a substantial income, as well as handling all of his 4 basic needs very well.

It's okay to take baby steps.
"I can't just quit!" people will say. "I have bills to pay."  I understand.  Nobody's saying just up and quit one day and walk out the door and let the chips fall where they may.  One must plan their exit strategy and then implement it carefully. Before one can run a marathon, one must first learn to crawl then walk and then finally, run. Sit down right now and make a list.  List every dream that you ever had before life intervened and you were forced into being a drone.  These are not GOALS.  They are more like "themes".  Something to look at and be guided by every day as you decide what it is you need to do to make them happen.  The most important thing is to START.  Dreaming is not action.  Things happen when you actually take action.  And that is the key point.

Abundance will never come from your job.
Only when you make the decision to step out of your prison, your job, will you start down the path to abundance.  You may not be able to see it now, it's hard to do when you're looking through prison bars.  Abundance only comes when you're moving along your path toward your dreams.  When you are truly enhancing the lives of the people around you.  The money you make is simply a measure of your value to society.  When you increase your value to society, society will reward you.  It may seem counterintuitive, but it really is that simple.  You must give to then receive.

Make Money Online? Absolutely!!

Can one really make money online?

You absolutely can!  I put money in my bank
every day working online and you can too.

I began my online money making efforts a couple of years ago.  At first, I spent most of my time weeding out the scammers and less than ethical attempts of some to fatten their bank account at the expense of my own.  I fell into the trap of the "amazing magical secret" for only $97 to get started!  It soon became apparent that that was only the tip of the iceberg and that these guys would continue to reach deep into my pockets as often as they could. The $97 was just the beginning.  Upgrade offer after upgrade offer soon followed.

This process actually has a name;  it's called a "Traffic Funnel" and it is designed to take someone from a relatively low cost entry point into higher and higher cost programs.  It's all good though, these things work fine and often the programs are valid and can be amazing money makers.  They also filter out the "tire kickers" from the real players.

The real question is "Are you ready to actually receive this information?"

You see, the thing is, your head has to be in the right place in order to actually "see" the value of one of these programs.  If you are at heart a "wage slave" and consider that having a job, any job, is the best thing going for you, you probably will not be very warm to one of these programs. It would mean that you would have to do something you are not comfortable with.

To actually change your situation in life
you must change You first. 

You are where you are in life because that is where your mental outlook allows you to be and that is where you are most comfortable.  To change things, you need to actually step into your area of uncomfortableness.  To have the things in life that you really want you must be willing to do things that others are not willing to do.

Are you ready to step out of the box?

If you are ready to take a look at a real opportunity that pays you every day straight into your Paypal account or by direct deposit and has NO START UP COST then give me a call at my toll-free number 877-466-8504
or drop me an e-mail at YourGoodMoneyLife@gmail.com

Talk to you soon!
Dana

New Video about Working at Home

A video by me about working from home and putting money in your Bank every day!

 

My contact info:

YourGoodMoneyLife@gmail.com

Toll Free # 877-466-8504

Is Now a Good Time to Start a Business Online?

Is Now a Good Time to Start a Business Online?

Actually, almost anytime is a "good" time to start. Some are better than others.

The OMB, in its Mid-Session Review to Congress released Friday, projects unemployment will drop gradually, to 7.7 percent in 2013, 7.3 percent in 2014, 6.7 percent in 2015, 6.2 percent in 2016, 5.7 percent in 2017 and remaining at 5.4 percent from 2018 to 2022. The national unemployment rate was last at 5.4 percent in May 2008, according to Bureau of Labor Statistics data. 

 Given this news and the somewhat "wild and woolly" political climate these days, the attractions of an online business are compelling.

• There are millions of people looking for an opportunity to supplement their income somehow.  Many are turning to the online arena as a solution.
• A downturn in the economy always puts extra pressure on everyone's finances. They need to generate more cash outside their normal work situation.
• Retirement funds and equity in a home have been severely impacted by the poor economy. Many people have been counting on their retirement funds to support themselves when they stopped working and now those funds are gone or significantly reduced.  Equity in houses has tanked with the real estate market crash.  Many are actually "upside down" and now owe more money than house is worth. What was once an asset has now become a liability.
• Uncertainty in the future due to political issues.  Economies historically stagnate during an election year as everyone waits with baited breath to see who gets elected and what economic policies with be put in place. 
• High speed, broadband Internet connections are becoming ubiquitous. Wireless Internet connections are everywhere. Social, shopping and entertainment is now centered around a computer and/or a mobile device. Having a "presence" online is almost mandatory for a successful business.
• Size does not matter!  With today's technology, a small, one person business with a properly designed website can hardly be distinguished from a mega-corporation .  A package including a "shopping cart" and the ability to accept credit cards makes fulfillment easy.  Many times a "drop ship" system eliminates the need to have a inventory on hand, thus eliminating a expense of the conventional brick-and-mortar establishment.
• Access to a much larger customer base is possible. The limitations (and expense) of a physical walk-in location naturally restricts your customer base to those that can come to your establishment to do business.  Anybody can shop online and never have to even leave the comfort of their home.

This list can be quite extensive and goes on and on.  I will not bore you with all of that now.  Suffice it to say that now is a good time and almost anybody can be involved in an online business program.