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Make Money 18 If you have a job as an hourly employee a good way to make money is to check your pay slips. There are so many times in a year that mistakes occur. I might add that in 99% of times the errors are in the employer's favor. If you do not check your hours and rates of pay especially for overtime hours and any special allowances that you are entitled to, you will almost certainly be short of the money that you should have made. If there is a change of employer double check to ensure your rates of pay are correct or again you will not make the money due to you. You can make more money from a job if you obviously work more, or you can train for a higher paying position within the current organisation or you can seek employment elsewhere to increase your money making ability. Alternatively you can look at starting a home based business part time to make money to supplement your current job. Robert Kiyosaki (author of Rich Dad Poor Dad) says that to make money in large amounts you need to know where you lie in the Cash Flow quadrant. There are four groups of people and depending in which quadrant or group you fit into will determine whether you will make money as an employee (E quadrant), as a small business self employed (S quadrant) as a big business (B quadrant or as an investor (I quadrant). ESBI are the four quadrants. If you are in the E quadrant you will make money only as an employee. People in this quadrant are limited to a job as to how they make money. A concern for people in this quadrant is that even though some will make money in large amounts, they also tend to spend the same amount of money. Likewise the people in the S quadrant who are self employed will make money but are limited to their own skills to achieve this. If you are in the E or S quadrant your financial IQ is not that high even if you make money above the average wage. You can be successful in these two quadrants but you can still be poor because of your low financial IQ. People in the B and I quadrants have a higher financial IQ and so if successful they will make money and be rich. Everyone is trying to make money and so once you understand your financial IQ you will be in a better position to determine how you make money and how to become rich, provided of course that you want to be rich. When you are rich you make money from money. Money makes money. Make Money Why do you want to make money? Is it to quit your job? That is probably the main reason people give when talking about a home business. Is it to supplement your current job income? Another popular reason given. Is it to have financial freedom? A good answer. It does not really matter why you want to make money. The fact is that in most countries we have to make money to survive. There are a few places still today where to make money is not important as far as survival is concerned. In these places people can crop or fish enough to feed themselves and their family. They have no need for TV and video games, microwave and other electrical appliances and motor cars etc that are considered necessities everywhere except a few remote jungle areas of the globe and you must make money to be able to afford them. There are so many ways to make money in the world today. You can have a job, a bricks and mortar business, an internet business, dividends from stocks and shares, interest from the bank or other financial institution where you have made money and deposited it to make money on money, rent from property that you own another make money from money spent in acquiring an asset. There are also many other ways to make money both legal and criminal. A relatively new concept of what to do to make money is to buy customers. That is you buy customers of a business and then you make a percentage of what the customer purchases from that point on. This concept of you buy customers to make money evolved as an alternative to the MLM business distributors buying leads and basically failing in the MLM business. They failed to make money because they couldn't call the MLM Business leads. The general consensus today is that we must make money to eat and enjoy some physical assets, travel and experience different cultures. The more money you make the more you are able to enjoy buying assets. There becomes a social status when you make more money than your neighbour. Millionaires have a higher regard by people than the homeless person begging at Grand Central to make money to buy a bottle of beer. In fact begging is a good way to make money. People feel an overwhelming need to give. I think this comes from the old saying "what goes around comes around", people feel that it could be me begging as a means to make money. Make Money a Multitude of Ways The one thing that is constantly on the mind of every adult is how to make money. The majority of people will make money by applying for one of the many salaried 9 to 5 jobs that are out there in the corporate or public sector world. However, there are an increasing number of people who do not want the stress that such a life style entails and they may look for alternative ways to make money. There will always be those who choose to make money by literally living off the state, either by claiming unemployment benefit should their country run such a scheme, or even choose a life living in institutions such as prisons and young offenders units. Needless to say this is not a suitable life choice for anyone who values their freedom and independence. Hopefully that is the vast majority of us! An increasing number of people these days are choosing to make money by becoming self employed, either in an organized business using external premises or working from the comfort of their own homes. Small cottage industries are springing up all over the place, from people selling their home grown vegetable to make money, to people who design and make craft items that they then sell at craft fairs or possibly even selling them online. Many people are now utilizing their artistic skills to paint pictures that they then sell at art exhibitions. The list is endless. All it takes to make money in this way is a little ingenuity and a little business acumen to market and sell the products you have made. Offline network marketing such as MLM, party plan and door to door selling have been popular ways for people to make money over the years either on a part time or full time basis. It is important to be a self starter to do this sort of work and you have to enjoy dealing with the general public. I personally have made a very nice supplementary income using a couple of these methods over the years. They can be really fun ways not only to make money but to get to know new people. The latest craze for making money is online network marketing that can cover a multitude of possibilities that would need a blog of its own to give detailed information about. There are now many MLM companies that are focusing their marketing strategies online as well as offline. Networking is basically about getting to know people and making good contacts, these contacts will then hopefully join you in your online ventures and together you can make money. With so many opportunities in this day and age to make money there is really no need for anyone to be claiming unemployment benefit. All it takes is a bit of effort and stickabilty and a network of like minded people to help you when the going gets tough. Make Money To Make Money you really need to take a good look at what you will be expected to do! Many people just hop on board with a company that has great products. Certainly that will have a big impact on whether or not you Make Money online or off. Nobody want to purchase crappy products! It makes no sense to try and sell a product that is not consumable either. Finding a company that has quality consumable products is the best way to find loyal customers who will come back to you over and over to renew their purchase, . . Pay attention to details to get a better idea of what you will be required to do to make money. Successful entrepreneurs reach their goals without going through a bit of a learning curve. Knowing your product and the benefits to the ultimate consumer is essential. Customers need to know why they should purchase your products. If there is no benefit to them, they simply won't buy it! If no one is buying your product, then you will not make money. Read the fine print when it comes to compensation and how you will get paid. It your commissions are not based on product sales you might want to walk away from that company and look for a customer based business. Save yourself a lot of time and money by reading and understanding the company's compensation plan before you sign on the dotted line. , have a plan or marketing strategy that will help you to build your foundation and customer base. The more creative you get in finding customers, the more stable your business will be and you can eventually make money to support your lifestyle. When you build your online business and consistently build your customer base, sooner or later you will be tempted to purchase leads to make money. Just do a Google search and you will get thousands of search results from companies offering the best leads who are just waiting for you to call them so they can join your business and make money for you. Don't fall for all the hype and the promises., the sad truth is many of the people on those leads lists don't even know they are on the list! It is a well known fact among online entrepreneurs that only about 3-5% of the people on the best lists will even be willing to talk to you about your company or product or service. Most are so harassed they don't even want to give you the time of the day. The more expensive the list or the cost per name the more responsive they are supposed to be. Well don't fall for it! Just because a lead is exclusive with one company does not mean they are not a list with a different company than could sold thousands of times or even worse given away to any who would ask. Your goal is to make money not throw it away. Unless you are a glutton for punishment don't be buying leads for your home business. Home business, just like a traditonal business is built by having customers. If you have to resort to purchasing frustrating and often worthless lead lists to find your customers you might want to re-think your marketing strategy if you want your home business to make money. Make Money So you are trying to learn all you can in the fine art of how to make money. Do not wish to burst your bubble, but it may not be all that easy as one might think. It is not that all online money makers are bad, it is just that there are a lot of scams and false promises made. People want and need to make money thus turning to these types of programs seem to be quick easy fix to anyones money problems and what is wrong with that? Everything! It is common sense to thoroughly research any make money program that you even think you might like or seems to have appeal to you. I know I personally stay away from any make money> program that requires me to purchase leads. Why buy leads? With so many ways to generate your own leads why on earth would you buy them? Besides, leads are very expensive and rarely have not been called at least twice before you even receive the information about the lead. With any make money program you need to understand what it is you are promoting, in other words you need to understand what you are about to get yourself involved with. Know your product, be a product of the product for ultimate success. So if you you want to target a group of people you must know what they want and need. Knowing the product or service will help you do a better job and help you fulfill your customers needs. You also need to understand how you will market this business. Will you be taught how to effectively market online? Will you receive any marketing tools or do you need to purchase them. Does the cost of marketing this new business make sense? In other words, is it possible to truly make money? The most important thing that most people that desire to make money fail to understand is not to jump from one opportunity to another. Stay focused on one make money business opportunity. Again take your time when you initially research an opportunity. Fully understand all aspects so that you can truly make the amount of money you deserve.
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