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We ALL have things laying around the house that we can sell. Step one: Find out! Use sites like PayScale. Step two: Give the heads up. I cover how to do that in the minute video below.
Step three: Use the Briefcase Technique. Before even stepping foot into the room, use my tried and true Briefcase Technique. This is a surefire way to make the most money you can from a job.
Not only is it a good incentive for you to work harder and become a Top Performer, but you also stand to gain a lot of money from the hard work.
Tie everything you do to whatever goal is important to your boss and remind them often. This is how people become indispensable.
Get around that stonewall using the systems I outline in the video below. Negotiating your salary takes a bit of upfront work, but just ONE conversation can be worth thousands.
The best way to make money fast is not to reinvent the wheel and to leverage the sources of income you already have.
So the next time someone tells you to get more money by cutting back on lattes or by picking up loose change , grab them by the shoulders, and shake them for me.
Should you change jobs? Change industries? How do you know whether to stay put or to take a risky move that will result in more money?
By using the Bezos Regret Minimization Framework. Ask yourself: Which will you regret more 20 years from now: Staying in your current situation or trying something new and failing?
But in the next few days, you can set up your first side hustle and make money fast. First thing: So many other websites will tell you to troll for freelance gigs on places like Fiverr or Mechanical Turk.
These places work if you want to compete with people all over the world in a race to do the most work for less.
No thanks. Ask yourself:. People are very bad at identifying their own skills. For example, I was on a webcast where I was suggesting ways for people to earn money on the side , and I mentioned that I hate cooking, am not good at it, and would love it if someone cooked for me.
Are they too busy to organize their closets? Do they need someone to help them redesign their website? Maybe they want someone to teach their kid how to play the flute.
Take some time right now to write down 10 — 20 ideas of different skills and talents you have. Maybe your list looks like:.
Now ask yourself: Which of these skills can solve a specific problem? Brainstorm those out. Each of these individually is a potentially viable freelance trade — can you pick one and do it?
You can often charge more and help clients more by packaging offers. Perfect fit. I hired him. The first thing I do when evaluating someone is look at their portfolio and past clients.
Easy solution! I move on to someone who does. Last step: Start finding clients. Sure you could randomly print business cards or set up a blog. But before doing ANY of that you need to make sure you have something people want.
Who are they? It's not so much about trying to catch the latest trend. It's also about leveraging and hedging your investments the right way without putting too much risk on the line.
That doesn't mean that you don't need a long-term strategy. You definitely do. But if you're looking to create some momentum and generate some capital quickly, in the near-term, then the following investment strategies might help you do just that.
Day trading is not for the faint of heart. It takes grit and determination. It takes understanding the different market forces at play.
This isn't something intended for amateurs. There are also ways to hedge your bets when it comes to playing the stock market.
Whether you play the general market or you trade penny stocks, ensure that you set stop-loss limits to cut any potential for significant depreciations.
Now, if you're an advanced trader, you likely understand that market makers often move stocks to play into either our fear of failure or our greed.
And they'll often push a stock down to a certain price to enhance that fear and play right into their pockets.
When it comes to penny stocks, this is further exaggerated. So you have to understand what you're doing and be able to analyze the market forces and make significant gains.
Pay attention to moving averages. Often, when stocks break through day moving averages , there's potential for either large upside or big downside.
Too Much Testosterone, Science Says. Investing in yourself is one of the best possible investments you can make.
While you might not be able to pinpoint an actualized return on investment, there's no money that's better spent. Invest in yourself.
Invest in your education. Discover what you're passionate about. There are loads of money-making courses on the internet.
The hard part is choosing the right one. From ebooks to social media marketing, search engine optimization and beyond, the possibilities are endless.
While many money-making gurus might pop up on social media, not all courses are created alike. Spend time doing your due diligence and research to choose the one that's right for you.
Trading commodities like gold and silver present a rare opportunity, especially when they're trading at the lower end of their five-year range.
Metrics like that give a strong indication on where commodities might be heading. Carolyn Boroden of Fibonacci Queen says, "I have long-term support and timing in the silver markets because silver is a solid hedge on inflation.
Plus, commodities like silver are tangible assets that people can hold onto. The fundamentals of economics drives the price of commodities.
As supply dips, demand increases and prices rise. Any disruption to a supply chain has a severe impact on prices. For example, a health scare to livestock can significantly alter prices as scarcity reins free.
However, livestock and meat are just one form of commodities. For that reason, these ads will work better for you as the traffic to your website grows over time.
Another benefit of freelance writing is that you can gain exposure by writing for larger websites.
Some freelance writers I know are even earning six figures or more writing from home each year. Johnson also offers a course you can check out if you want to become a freelance writer but need some help getting started.
When I started my blog, I envisioned my website as a marketing tool to get new clients for my financial practice planning. This strategy worked great since my online presence helped me build authority and reach people I may not have reached otherwise.
If you have a service-based business of any kind, I would absolutely suggest starting a blog or building an online presence you can use to get new clients.
If you have expertise in a specific field, you can also use the internet to build up a coaching business.
This is something that happened on accident for me. As I built my blog and my brand, a ton of people started reaching out to me to learn how I did it and how they could apply the same ideas to their own business.
While I initially gave out advice for free because I enjoyed it, I eventually started charging a consulting fee. How much you earn depends on the type of niche you wind up in.
Your time is valuable and so is your advice! Eventually, I found out that a handful of insurance companies were willing to pay for leads generated through my website.
This was a big eye-opener for me since I had no idea this was possible. There are a ton of different avenues and lead generation strategies out there, so make sure to consider all the possibilities.
There are all kinds of digital products out there, but there is always room for more. I even have a few of my own! Another example of digital products is the wide world of printables.
Lots of online entrepreneurs create digital products their customers can print at home, and they often make bank doing it. While many bloggers have their own printable budget templates, meal plans, or checklists, you can also find examples on Etsy.
It could be a PDF, a video series, or a course — whatever you think fits with your business model. Just keep in mind that you have to deliver the goods and make sure your product is high quality.
How does he earn so much? That's just one example, but there are plenty of others. Like anybody out there, you can set up an online brokerage account and buy ETFs or stocks.
There are so many ways to invest online these days that there is literally no excuse not to. I am tired of the excuses, so start investing your money to grow long-term wealth today.
With websites like Lending Club, borrowers and investors can connect for mutually beneficial financial transactions. On the investing side, you can invest in crowdsourced loans for individuals who need to borrow money all over the United States.
Returns tend to be high on these loans, and you can use these platforms to build more passive income for yourself while also helping someone out.