#and who need to make do earning an average of 2-4 dollars per day

[malaierba]

No offense but some of you just have no idea what life's life in the third world for most people and it shows

[tarwillow]

the comments on this post are making me lose it, so let's run through some quick math.

i live in a pretty expensive area and have pretty light expenses, and spend around $22k per year. a lot of my friends spend around $30k. for the purposes of this question i'll assume our Chooser has $50k in expenses per year. this is a pretty good life by most people's standards. (this isn't me saying a $50k salary is lavish. this is me saying a $67k salary is lavish, cause $67k - 25% taxes = ~$50k for expenses.)

this means the Chooser has some money leftover no matter their choice. for the daily deposit option, that's $315k spare. for the lump-sum option, that's $9,950k spare. that money has to go somewhere, so let's assume the Chooser invests it in a robo-investor like wealthfront or betterment (assuming our Chooser is in the US). these are the best options for people who don't want to spend 10 hours a week looking at financial statements. (my reasoning for this could be it's own very long post.)

your typical stock-based index/hedge fund will net about a 10% return on average. if you're trying to retire and live off your investments, you should only count on a 4-5% return though. this is because you reallocate to safer financial instruments (ie bonds over stocks etc) and just for safety's sake.

let's be ultra-conservative and say our Chooser expects a 4% return for the money allocated for maintaining their lifestyle. that means we'll need to set aside our yearly expenses x 25 to get to sum needed for retirement. with expenses at $50k, that means $1.25M.

our lumpsum Chooser sets that aside no problem. they're now set for life, and have $8.7M to spare.

our daily deposit Chooser doesn't have that right away, but no worries, they'll get it soon. they make $365k per year, and spend $50k of it, so they can invest the rest. now remember that funds invested can be expected to return 10% on average. that means by the time we reach year 2, our Chooser has $346.5k ($315k x 1.10). they'll do this every year until they reach the sum they need for indefinite retirement, $1.25M. by the end of year 3 they'll have about $1.147M, which isn't quite $1.25M, but let's assume it's close enough. (this also assumes the Chooser actually receives their money every year in a single lump sum on day 1, rather than spread out throughout the year. i'm doing it that way cause the math is easier, and it's a better outcome for the Chooser).

after year 3, the Chooser can spend the extra money however they choose. let's say they decide they're going to make as much money as possible until they reach year 50, and then donate that money to a nonprofit that protects wetlands. year 4 they invest $365k, earning 10%, for a total of $401.5k. by the end of year 50, they've got $350M! pretty good!

now let's talk about the lumpsum Chooser. they start out year 1 with $8.7M to spare, and, assuming the same goals, invest the money, and let it sit for 50 years. by the end of year 1, they've made 10%, for a total of $9.57M. a pretty good return. by the end of year 50, they're up to $1,021M. over one billion dollars. about three times the amount the daily deposit Chooser ended up with.

i can't speak to people saying "oh i'd waste the lumpsum," or people saying "investing scares me, so i'll take the daily deposit." i can only speak to the people saying "well the $1k a day gives you more money!" that's incorrect.

anyway if you made it this far and you found it interesting and you're looking for a career, considering bookkeeping or accounting i guess.

Explain your reasoning plzzz

[hypercortical]

I'm really frustrated by narratives around OnlyFans related to income. Lately it's been really popular to among anti-sex work people to use statistics about OF income to dissuade people from seeing it as a viable form of work, and instead painting it as something that obviously won't be worth it. The statistics usually say something like "the average OF creator earns 150 dollars per month". which, yeah that's chump change. But for some reason everyone ignores the fact that this number doesn't account for the fact that many if not most OF accounts are probably idle, or posting infrequently because the user isn't treating it like a full time job. I want to know the average income of OF users who commit 20 or 40 or however many hours per week to their OF. I'd imagine an average looking woman below the age of 30 could easily get to top 1-2% on OF if they commit 20 or so hours per week. For example, right now I'm looking at discussion between OF creators on reddit. One person says she works about 2 hours per day on OF as a side hustle alongside her primary job. So like 10-14 hours per week depending on whether she does it weekends or not. And at the time of posting, she was a top ~6% creator. And I checked out some of her social media posts. This is someone who doesn't even post her face. She has a below average breast size, and she's skinny. Not particularly curvy in other ways either. Another user right below her said she's top 6% with 30-45 minutes of work per day. And it's hard to get clear numbers, but it looks like most sources corroborate that top 10% corresponds to about 1000 dollars per month. maybe top 6% are making 1500-2000 dollars per month. That's at least an extra 15k per year for a side hustle that takes like an extra hour each day. Sounds pretty worth it to me. Looking at some recent posts on the same subreddit r/OnlyFansAdvice, I can see that someone who is currently top 4% claims to currently be making $2500 per month, and she also does not show her face. (keeping in mind that % is ranked by income. Anyone better than top 4% is making more money than that). She doesn't say how many hours she works, but she said she posts one picture per day. One "full video" per week. And posts 3-10s gifs cut from her video into "20+" subreddits. each day. to me that sounds like at least 1-1.5 hours each day, plus however long it takes her to do a video, which I can't really guess at because I don't know how long or how quality her videos are. Scratch that, it looks like she does ~7min partnered videos. Static camera or male pov camera. No intentional lighting work, minimal editing. So that's gonna be at least 10-15 minutes of work. I can't say how much preparation is involved in the performers getting themselves presentable and in the zone, but I'd imagine no more than an hour. And then I can't imagine this minimal editing take more than 10 minutes. plus some time needs to be spent cutting it up into nice gifs, which i'm guessing can take up to an hour if a lot of thought is given, and lots of gif variants are selected. So that's like 10-13 hours per week, or 1.4-1.8 hours per day for a 30k gross yearly income. Now, she probably takes only a majority split with the guy. Maybe 70-30. so like 21k gross. And that's in addition to whatever her primary job is. I assume she has one because otherwise she just has tons of free time on her hands, and not the most livable income. So i'd say that's a pretty damn good side hustle. And that's for someone who doesn't show her face, has pretty average looking breast size. Not exactly skinny, but probably not overweight either (in terms of BMI). white. probably 25-35 (hard to tell when I can't see her face). And she probably doesn't spend any money on equipment. Maybe a little money for a rig or tripod to hold her phone. But certainly no lighting equipment, sound equipment, or cameras. (some fairly cheap lighting solutions could really boost the quality of her videos.)

I don't have any experience in porn, but I do have a bit of in videography/editing/filmmaking thanks to my dad (a director of photography), and some film classes I took, and sometimes seeing the quality of independent porn really makes me wanna give it a try just to see if I can do better from a video production perspective. And I also wonder just how much better video production lends to success. Like can someone who's a 6 make as much money as an 8 just by making the same amount of content, but with more professional video quality? I personally think some of the best visual erotic content i've ever seen came from non-porn films with erotic scenes, where the eroticism was given a very cinematic treatment. But for some reason I never see that in porn.

[notebooknebula]

Leverage Books to Grow Your Real Estate Business with Max Keller & Jay Conner

https://www.jayconner.com/leverage-books-to-grow-your-real-estate-business-with-max-keller-jay-conner/

Max Keller is a Best Selling Author, Investor, Entrepreneur, and National Speaker

Max joins Jay Conner to teach everyone how to create success.

Max went from being a full-time high school Math Teacher to creating multiple successful real estates and marketing businesses. He has published multiple books and currently licensees his lead generation systems to real estate professionals all over the country.

Although business is Max’s new full-time obsession, one thing has never left… the heart of a teacher. Max loves the opportunity to teach, inspire, and share real-world applications that can transform the lives of business owners.

Max earned his B.B.A. in Finance from The University of Texas at Austin and his M.A. in Teaching from Louisiana College. He has over 15 years of experience in real estate, finance, and teaching, and he was named the 2019 Industry Innovator of the Year. A few of his current roles are consultant, teacher, author, speaker, and expert panelist. He has flipped over 100 houses and is on a mission to help real estate agents and real estate investors have customers chasing them.

Max created Savior Publishing House as a way to serve his community and help seniors with their real estate challenges. The Savior brand of companies focuses on providing Christian real estate and business solutions to our clients. Max enjoys spending time with his wife and children and engaging in family activities, such as being involved at church and going on vacation. He is passionate about investing time in his family.

Timestamps:

0:01 – Get Ready To Be Plugged Into The Money

1:42 – Jay’s New Book: “Where To Get The Money Now”- https://www.JayConner.com/Book

2:59 – Today’s guest: Max Keller

5:26 – How Max Keller got into the real estate business

7:19 – Max Keller’s first real estate deal.

8:23 – Max Keller’s struggles during his start-up in the real estate business

13:29 – Max Keller’s marketing strategy in finding deals in the senior market

17:41 – They see me differently because I have a book – Max Keller

20:38 – Let Max Keller help you create your own book for your real estate business.

27:34 – ‘Real Estate Investors’ Book Writing Checklist” – https://www.DealsChasingYou.com/Conner

28:57 – Max Keller’s parting advice: Lead with value.

Private Money Academy Conference:

https://jaysliveevent.com/live/?oprid=&ref=42135

Have you read Jay’s new book: Where to Get The Money Now? It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

Free Webinar: http://bit.ly/jaymoneypodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

What is Real Estate Investing? Live Private Money Academy Conference

https://youtu.be/QyeBbDOF4wo

YouTube Channel

https://www.youtube.com/c/RealEstateInvestingWithJayConner

iTunes:

https://podcasts.apple.com/ca/podcast/private-money-academy-real-estate-investing-jay-conner/id1377723034

Listen to our Podcast:

https://realestateinvestingdeals.mypodcastworld.com/11247/leverage-books-to-grow-your-real-estate-business-with-max-keller-jay-conner

Real Estate Investing With Jay Conner

Jay Conner

00:02:40

My special guest knows how to teach and create success. In addition to that, my guest and friend went from being a full-time high school math teacher to creating in such a short period of time, a moldable successful real estate and marketing businesses. In fact, he’s published multiple books and currently licenses his special proprietary lead generation systems to real estate professionals all over the country. Also, I want you to know that all of those businesses are my friend’s new full-time obsession. But one thing has not changed, and that is his heart of being a teacher.

He’s got a servant’s heart. He’s always looking to give value and he loves teaching. He loves the opportunity to teach, inspire, and share real world applications that can transform your business. In addition to that, my special guest and friend has been investing in real estate. He’s got 15 years of experience in real estate, finance, and teaching. And as a matter of fact, he was named the 2019 Industry Innovator of the Year. Also, he has already flipped over 100 houses. In addition to that, he’s created a company called Savior Publishing House as a way to serve his community and to help senior citizens with their real estate challenges, enjoy spending time with his wife and children engaged in family activities. And something very, very important to him is being very involved in his local church, just like me and Carol Joy. With that, welcome to the show my good friend, Max Keller.

Max Keller

00:04:57

Hey, good to be here. Let’s go.

Jay Conner

00:05:00

It is awesome to have you on here, Max. Good to see you again. You and I are in a fellow mastermind. You and I have probably known each other now for about 3 years or so. And I tell you, it’s just amazing to watch all the phenomenal successes and the growth of your company that you’ve got going on. We’re going to be talking about private money with you here on the show today. But before we jump in, tell us, Max, how did you get into real estate?

Max Keller

00:05:28

It was sort of by accident. So, I was teaching Math at an inner city school. I was coaching football, basketball, and track, and I didn’t want to actually get into real estate full time. I just saw it as a passive income opportunity. My pay was pretty much fixed to being a teacher. And so I was like, I got to do something as my kids were getting older. So what I did was I just wanted to maybe get one or two rentals a year. I figured if I did that over a period of time, I could have a pretty good nest egg and then pass it on. What ended up happening in 2015 was I just kind of got sucked into real estate. I mean, it’s not just a good way to make money over long periods of time, but you can really increase the active income.

So I basically just got a local mentor. I worked all day as a teacher and then at night I would work for him. And within about 3 months I got a couple of houses under contract wholesale. One made about $16,000, which is like 4 months worth of teacher pay. I Then did it again. And then another time. And I just decided I needed to go full-time. And so that’s what I did. I just went full-time, I made the leap, it was a lot easier to source deals back then in 2015, 2016 than it is right now, but there’s still ways to do it. You just have to know what you’re doing, execute, and level up your marketing. And so that’s sort of been the journey that I’m on. I’m in Dallas Fort Worth and it’s very competitive like a lot of markets. And so what happened with me, I just had to figure out a better way to do my marketing because if you don’t have leads in your business, whether they’re for private money or for deals, you don’t have a business. So that’s kind of what happened to me. It’s been an amazing journey and it just keeps evolving every day.

Jay Conner

00:07:19

So was your first deal, a wholesale deal, a fix and flip, what was it?

Max Keller

00:07:23

So I have pretty good credit because I didn’t use it. That’s what’s kind of funny about credit. If you use it a lot, you don’t get very much more and your credit score is low. I had gone through when I was a teacher, like the Dave Ramsey Financial Peace University model, so I had all my debts paid off. I didn’t understand how to leverage debt in a good way yet. So, I actually took down my first property with a line of credit, I guess I kind of really wholetailed it, I technically took title to it and then just sold it, like I did a closing 4 weeks later to a cash buyer. But yeah, it was $16,000. I mean, I didn’t squeeze every ounce of juice out of the deal like I could have, but what I did have back then, which was really important, is having some really consistent, solid buyers. And that allowed me to create some opportunities for bigger chunks of cash today. And then it allowed me to leverage into long-term assets.

Jay Conner

00:08:23

What were some of your early struggles when you were starting out?

Max Keller

00:08:26

I think probably the first one was what to focus on and like who to market to. So it’s funny. I do a lot of marketing now and I’ve gotten a lot better at it. But at first, the challenge was that marketing because there’s so many other people sending out the exact same thing to everybody. And so as the competition kept going up in our market, the return on my ad spend kept getting lower and lower. And so I had to figure out basically what I figured out in my market was the problem that we were having was every other investor and wholesaler were sending the same messages to the same people. Like if they’re on my list, they’re probably on other people’s lists, too. And we have hedge funds entering our market pretty early on and they were paying really, really high prices.

So I knew that if I was just going to only compete on price and compete against people who have multimillion dollar marketing budgets, that was going to be a tough order. So the good news is I just thought about what the problem was and said maybe I don’t need to take down every deal in Dallas Fort Worth. What’s the best niche I can focus on? And so what I did and what I would encourage people to consider, even if they’re brand new is like, I just kind of outlined what’s a perfect deal for me. And for me, a perfect deal is one where I make good profit on the deal because of a larger profit deal and a smaller one. They take about the same amount of time. Number two is I want to work with people that aren’t resisting me. Like, I would go over to people’s houses and they would argue with me when I showed them the comps and they hadn’t moved in 20 years.

They don’t have a real estate background. And I was like, this is kind of a joke. And so that was number two. I want to work with people who are like, “You’re the expert who helped me,” and I want to work with people that I just enjoyed working with, who were just nice people that just didn’t have a clear path. And so those are the kind of people I wanted to work with. I made a list when I’d already done about 30 or 40 deals, most of the deals that I’d already done didn’t meet all of those criteria, but the ones that did, you didn’t have to be rocket scientists to figure out what the pattern was and that they were senior citizens, they were senior homeowners. So that was sort of my first marketing A-ha moment, was that there’s this really large, fastest-growing niche in our real estate space that I could target with different messages.

Senior homeowners have different needs than millennial homeowners. They just do. They’re interested in different stuff. They have different questions. So instead of sending everybody the same message, “I’ll buy your house, paid cash in 7 days,” like everybody else is sending, I started sending totally different messages that were very senior-centric. And as a benefit, I got a lot more calls. I had a much higher response rate and then kind of the next thing that happened after that real quick was about a senior’s house. It was the dad, and his adult children were there. So he was probably in his early ’80s and the kids were in their ’50s, early ’60s. People were upset because they’re selling the family home. There’s a lot of memories, Christmas was right over there, but they had to do it.

The dad couldn’t stay in the house any longer. And so the adult daughter said, “I really appreciate everything that you’ve done for us. You’ve helped us out.” I found the dad a new place to live, like a senior retirement home. And she said, “You know a lot about this. Have you ever thought about writing a book about this?” I was like, Jay, my lands, that was the furthest thing from my mind. I was like, “No, I’m a Math teacher. I’m not an English teacher.” But then when I thought about it, I was like, that’s actually a pretty good idea because at the time in the little 3 cities that I focused on in this huge Dallas Fort Worth metro area, I was getting known as the guy who knew a lot about seniors.

But if I wrote a book about seniors and their housing struggles, I could be the guy who wrote the book on it. So that’s what I did. I’ve got a special gift for your audience at the end, by the way. If you’re interested in writing your own book, we’ve created the first of its kind DIY guide. It’s basically the framework that we didn’t have when we wrote our first book, but we have now for all the books that we write. I didn’t realize that a book would be such an incredible magnetic marketing engine for my business. I was selfishly just kind of tired of having the 4-hour Q and A’s in everybody’s living rooms, answering the same questions over and over for 3 years. It was kind of burning me out. So I just wrote the answers to all those questions in the book. I wrote down all the stuff that people should ask, and I just got it printed. It took a couple of hundred hours to write my first one and then I just started giving it to people and it became my ultimate business card. And it really changed the way that I market for deals and then eventually private money forever.

Jay Conner

00:13:30

So, you started focusing, as you just said, on serving and talking with senior citizens that were at the point where they needed to sell their houses.

What are your favorite marketing methods for locating the owners of these houses that may be looking to sell?

Max Keller

00:13:56

Great question. So there’s really 2 categories of marketing methods that we use. They’re the ones that we used before we had a book. And then there’s the ones that are more available to people who are experts, authorities, local celebrities. You, obviously, are in that category. And so what we did initially when we got the book, was basically just the same methods that we were using. Data is more available now than it’s ever been. It’s easier than it’s ever been to find more ways than there’s ever been for people to reach you. What’s really missing in marketing is really understanding who you’re talking to as a marketer and then sending messages that are like reading their minds.

That’s the biggest problem, okay? It’s not the list. Everybody has the same list. Everybody knows how to stack a list. You can go on YouTube, figure it out in 5 minutes. The real challenge is why would they choose you over everybody else? That’s the missing piece. And so that’s what we did. I’ll give you an example, real simple, okay. We’re getting calls from our direct mail, our door-to-door flyers, our normal calling agents and talking about if there are pocket listings. Normal stuff. So people are calling our office, right? We had just gotten the book and sometimes they’re calling with a little bit of a chip on their shoulder because they know that they’re getting all this mail, you know? So they’re like, “Hey, congratulations, you’re going to win the house lottery. You have the opportunity to come over to my house and pay me more than you probably should.”

And so when people call, they’re like, “we need you to come over right now.” And I was afraid that if I didn’t go over there real quick, they would sell it to somebody else. That’s what they teach at all the bootcamps. And that’s probably true if you don’t have a book, but if you do, you don’t have to do that because instead I would just say, “Hey, oh great! Yeah, you want us to come over? Okay. we’ll get to that. Hey, real quick, do you have a copy of our latest book?” And they’re like, “Your book?” like the whole tone changes. I go, “Yeah! We wrote the book on senior housing. I’m the Home To Home guy, the step-by-step senior housing guide.” And I press further.

“So, let me ask you a question. If I send an autographed copy of the book to your house,  you can read Chapter 3 – ‘All The Ways To Sell Your Home with Pros & Cons of Each’ before I come over. Because if you can, then I’ll come over and if you can’t, then I can’t come over. See, I’m the boss of my business. I’m the expert you’re calling and talking to the foundational source for the information that you need. So we’re going to follow my process.” It’s not being rude. It’s just a statement of fact. And so it really increases compliance, which is what you want as a business owner. Because you know the formula to help your clients better than they do. Otherwise, they’d be doing it themselves. Well, what do you think people are going to say when you ask them if they’re going to read an autographed book?

What do people say when they get your autographed book? They can’t wait. So what happens is, I pay a courier about 30 or 40 bucks. I send it over and I go, “Hey, do you still need me to come over right now? Or are you going in to foreclosure?” Then we got like a couple of days. It’s okay, a couple of days. So now I’m on my schedule, which is what I need to run a predictable business. I send the book, they read Chapter 3, but they read the rest of the chapters. Do you know what I mean? They read the story right here with me and my Momo. Do you think people think that guys who take care of their 90-year-old grandmas are scumbags or loan sharks? Heck, no. They’re like, “Man, this is, like, my new grandson, Max.”

So when I come over, they’ve read the whole book. They’ve already spent 4 or 5 hours with me and they see me differently because I have a book, you know? So it just sets the tone really well. It puts the odds in my favor. Then when I come over, I bring them the workbook and they’re just like, “Dang, it’s like Christmas around here.” And then I go through it with them. So instead of just talking about stuff or asking these lame and hard closing questions that nobody likes and it makes you look really slimy, we don’t have to do any of that stuff. Here’s the perfect example, Jay, on page 41. I tagged this page. I go, “Now, Mavis, if you’re looking at some other investors to buy your house, I totally understand that.”

I said to her, “I’d probably do the same thing, but make sure that you ask them these questions. These are the questions you’re going to want to ask to make sure you don’t get roped in with the wrong person. And by the way, you can ask me those questions, too: Do you see the credibility? Do you see the openness?” It’s like lights out. So that’s how we buy houses and it works really well. We attach it to what we’re already doing, but then the other stuff is the stuff that we didn’t even know about, which is speaking to local businesses. So one time I spoke at the probate attorney association, a monthly meeting for my county. Jay, do you think that 30 probate attorneys sitting in a room while you’re standing, that makes you the expert at what you’re delivering? Do you think some of those 30 probate attorneys in the next 2 years are going to know somebody that needs to sell their house?

Jay Conner

00:19:12

Well, it’s the perfect market that is like the revolving door of prospects for your target market.

Max Keller

00:19:19

Yeah. And so I used to think the only way to market for deals was directly to the homeowner with really standard, generic messages that get thrown in the trash. So our messages used to be in the junk mail, but now our books are on the coffee table with all the other autographed books from the local real estate experts, which, as you know, it’s not a huge stack. So, it’s about pivoting when you’ve established yourself as an authority, as an expert, as a local celebrity in your field, whatever it is. It helps make the transition going from an annoying pest, as Dan Kennedy says, to a welcome guest.  We were the pesky salespersons who were only pitching and not listening, but now we’re the educator or the non-fiduciary housing advisor. That’s just a big paradigm shift. And when you’re in front of 30 business owners, there’s an incredible amount of leverage because they know 30 prospects. So in 1 hour you can really speak to 900 people. It’s just super powerful. And I haven’t found any other method of marketing that can replicate those kinds of results.

Jay Conner

00:20:32

Well, you can’t beat the credibility of having a book. You can’t beat the credibility of knowing what you’re talking about and being an expert. So, Max, we got a lot of people here listening to the podcast and I’m sure they’re scratching their heads going, “Well, that’s a great idea, Max, but how in the world do I get me a book?”

Max Keller

00:20:52

How can I get a book? Yeah, great question. I would love to come on here and say, “Jay, I’m just such a hot shot ninja marketer that I planned all this out.” Nothing could be further from the truth. If my market wasn’t so competitive, I would have never spent 200 hours writing a book. I would have just kept scooping up deals like most people were doing in that time in these tertiary, secondary markets, but I didn’t have a choice and it worked out really good. Here’s what happened. I’m getting deals with my book. I’m in masterminds, and we’re actually in a lot of the same masterminds. So I’m in this mastermind and my friends in there, you know, investors copy what works, they’re not trying to reinvent the wheel. And they’re like, “Hey, I kinda like this.”

“I live in Florida. You’re not using your book in Florida. It turns out we got seniors there, too. You think I could use your book?” And I was like, “I don’t know.” Maybe I just didn’t understand. And then my friend in Chicago is like, “Hey, can I use your book? Hey, they got seniors in Chicago, too.” So what we did was we created a system. I brought in some of the who’s who in publishing and we created a licensing program. It turns out the secret behind this book is that 99% of it is about stuff that our ideal prospect cares about. 1% is about us. Most marketing messages are the opposite. All they do is talk about themselves and very little about the person. That’s why they don’t call you. It’s like, “I’m sending out all this stuff. Why are people not calling me?”

Because it doesn’t look like you even understand what they’re going through. So that was sort of the accidental secret sauce from this. So we created a system where we change about 5% of the book, because the ways to sell a house in North Carolina is pretty similar to Dallas and is pretty similar to California, especially with the types of assisted living facilities, all of that’s about the same. So now we just swap them out on the cover. We give them a custom cover and they just pay us a one-time licensing fee to set up their book. In less than 30 days, they have a book and a workbook that they can hand out to prospects. And so they only spend about an hour or two of their time filling out all the information we need to personalize it. We write in their story.

So it just lowers the barriers that make it easier. And the folks that are usually a fit for our program are folks that are active real estate investors. They understand the value of a deal. They have some credibility, but they just haven’t figured out a way to signal it to the people they’re trying to reach. The phone isn’t ringing like it used to. Those are the people that come to us. And we’ve had about 130 students that licensed one of our 4-books systems across the nation. They see that this works and they don’t want to reinvent the wheel. So yeah, that created another, whole new business that I never expected. That’s where I got the award from, with Robert Kiyosaki. Jay, a funny story and I didn’t tell everybody this right.

It’s kind of embarrassing, but in 2005 I actually tried to get into real estate. I was 25. I just got married. The problem was, I wasn’t reading and I definitely wasn’t writing books. I didn’t have a clue what I was doing. So I researched CRMs all day, which is worthless. And I created an LLC, which is meaningless. And I didn’t know anything about marketing or lead generation. I stood in line to get Robert’s book for 2 hours. And then I just ended up not doing anything. That’s what happens. I just didn’t understand what to do next. I didn’t have a mentor. I didn’t even know what that was. So it’s crazy to think and I never would have imagined in a million years, 15 years later, I’m getting this award, we’re sharing a stage together and we’re exchanging books. I never would have imagined it.

It was a really cool deal. So it can happen. Books are super powerful and we believe that we’ve made it easier than ever for folks to plug in. And like I said, it’s for folks who want to do senior housing. And then what happened was that, well, once you have a deal, what do you need after that? The money. So we created a licensing program. This is one of my student’s books, Leonard, I’m really proud of him. He’s in Seattle. And because it turns out, guess what? Senior homeowners have questions. And when you give them the book, they look at you really differently. It works the same way with private money lenders. Who knew? So this is Leonard’s book. And then we just swap out covers. Here’s Tim Davis’. So you see how they’re different? But the insides are the same. But here’s the thing, the person you’ve given it to doesn’t care.

They just want to solve their problem. They’re just trying to figure out how to not get into a deal with a lousy borrower. They’re just trying to figure out if this deal really has a discount or not, they just want to have their questions answered. So instead of going to a blog or getting a bunch of emails, which have a low perceived value, we give them something that has a higher perceived value and a higher level of expected authority and expertise. And we just educate and help people. We tell them this isn’t for everybody. Being a private money lender on real estate is not for everybody. This is who it’s for. This is who is not for. This is my book and if you want to go through it together, I’d love your feedback. You know, stuff like that. So it’s been really cool and he’s happy because he didn’t have to rewrite this himself.

And then what we’re good at is helping people apply it to their marketing because just getting a box of books where you wrote one chapter with everybody else, nobody cares about when you fell down a well and you overcome your struggles, they just care about themselves. “What’s in it for me?”, that’s what all the homeowners are thinking. That’s what all the private money lenders are thinking. They won’t tell you that, but that’s what they’re really thinking. So just give them that, but give it to them in a way that establishes your authority and your credibility and it’s scalable and that’s pretty much what we do. And then we created a book system for Gene Guarino. We just did his latest book, and his students licensed it. And then we haven’t even announced this publicly, but we just wrote a book for Eddie Speed and the Richard Thornton, and so there notes students are going to license that out. That’s brand new. We haven’t even announced it, but I guess I spoiled it a little bit. So it’s been really cool to help people because everybody there wants to lead with more value. They want to educate well, I mean, who would ever say no to that? So it’s been cool.

Jay Conner

00:27:14

What you’ve done there, Max, is you’ve created a way that no matter what niche someone has in real estate, they can further invest on how to raise their credibility and actually convert a higher percentage of prospects into actually doing business. Well, I know we’ve got people that want to connect with you. So what’s the best way for people to connect with you, Max?

Max Keller

00:27:37

Yeah, it’s real simple. We made a special link as long as it’s up, so don’t delay, but we’re going to leave it up at least for the first 25 people who download this. So we created a new book called, “The Real Estate Investors Bookwriting Checklist.” It’s basically all the steps that we went through when we wrote Gene’s book and Eddie’s book and Richard’s book. But we didn’t have that when we started and we haven’t seen it in any other books. So it’s a real simple guide that you can use, whether you’re thinking about writing a book or an e-book or you just want to have social media messages that convert better. It’s real simple. Just go to DealsChasingYou.com/Conner. You can download a copy of the book while the link is still up. And then you can go on the website and check out some of the training videos that we have. It talks about the different types of book systems and how it would benefit you because that’s what it’s all about. It’s about getting more deals. It’s about getting more dollars. And when those things get dialed in, the marketing becomes a lot easier. Life just gets better.

Jay Conner

00:28:50

Max, thank you so much for offering that amazing gift to our listeners here. Any final comments and advice?

Max Keller

00:29:01

Just lead with value. Look, I know you can go deep sea fishing and I know there’s some great fishing where you’re at. You can go deep sea fishing and spend 4 hours trying to wrestle a big fish on the boat. That works. People do it. It’s just really exhausting. That’s what it’s like to market in a crowded market, trying to compete against Wall Street with price. That’s what it’s like trying to market without a book. But what we do is totally different. We share what we’re doing. And then we attract the people that resonate with our message. And so they’re calling and qualifying themselves to work with us. And in one of the most competitive markets in the nation, in one of the most competitive times, people are regularly calling us asking if they qualify to work with us. That’s a big difference.

Jay Conner

00:29:49

That’s awesome. Thank you so much, Max. There, you have it, folks.

[googly-pay]

GooglyPay Review – Worth It or a Scam?

GooglyPay Review – About

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[vorgues]

50 Best Ways To Make Money Online

Making extra money doesn’t have to be hard. You don't always have to spend money to make money. There are lots of money-making opportunities out there.

One of the best things you can do to make money fast is to invest in your networking at work, spend time learning as much as possible, and get a raise or promotion. This alone could help you to make an extra $100 a day in no time. and get a raise or promotion. This alone could help you to make an extra $100 a day in no time. I am not going to lie: the reality is that you will have to put in some work to earn cash. But there are some clever real ways to make money out there if you are up for the challenge! This is what making more money can do for you:

Help you to save money and pay off your debt.

Pay your bills at the end of the month.

Help you stop living paycheck to paycheck.

Allow you to reach financial freedom.

It can even help you to leave a job you hate.

Plus, you could retire sooner if you want to. But remember: If you want to reach your goal of making $100 or more a day online (or offline), simply combine a number of these money-making ideas.

Whether you’re between jobs, a stay-at-home parent or just want to make some extra money without leaving the house, these work-from-home jobs and tasks can boost your income, helping you make ends meet, pay down debt or reach savings goals. Legitimate work-from-home jobs do exist but beware of scams that require you to pay upfront for the chance to earn extra money. Instead, check out these ways you can easily make extra money from home.

Let’s dive into it: here are the best ways to make money in 2021. No matter what your skills are, you can find something that’s right up your alley.

1. Sell Stock Photographs If you have a knack for capturing the perfect shot, you could turn those pictures into extra money. Sites like Shutterstock, Fotolia and Adobe Stock enable users to upload images and get paid when people purchase them. You’ll receive a fraction of the sales price — and a good picture can earn you thousands of dollars if it’s downloaded a lot. You must have the exclusive rights to the photos, and you must include signed releases for any recognizable people or private property in the images. 2. Use the Right Account for Your Money You shouldn’t settle for any old checking account when you’re looking for somewhere to keep your money. Instead, you should find one that pays you back. PenFed’s Access America Checking account does just that thanks to its annual percentage yield of 0.20% or 0.40%1 — depending on the daily balance — with a monthly direct deposit of $500 or more. By using an account that pays a higher APY, your money will grow more quickly while it sits until you need it. And if you’re able to avoid monthly fees, there’s no reason not to take advantage of a perk like this. 1APY (annual percentage yield) is accurate as of Sept. 18, 2020, and is subject to change at any time. Federally insured by NCUA. 3. Pet Sit If you love animals, getting paid to watch other people’s pets is a dream job. Sites like Rover connect pet sitters with pet owners. You’ll need to set up a profile explaining why you’d be a great pet sitter, but once you’re approved, you can set your own rates and hours. You could earn up to $1,000 per month, according to Rover. 4. Transcribe Audio Clips If you can type quickly and accurately, you can earn money by transcribing audio clips in your free time and turn it into a sweet side hustle. Companies like TranscribeMe! pay about $20 per hour, and top earners can earn $2,200 a month from these work-from-home jobs. If you have a specialized background like medical or legal training, you can earn higher rates. 5. Sell Unused Stuff If you’re looking for quick cash, consider selling items around your house, including your CDs, DVDs, games or books on the site Decluttr. Just enter the barcode, and Decluttr will tell you how much it’ll pay you for it. 6. Take Paid Surveys Online Various online websites will pay you for sharing your opinions on a range of topics. For example, e-Rewards is open to anyone older than 13. You’ll earn e-Rewards currency for each survey you complete, which you can redeem for gift cards. Other options include GlobalTestMarket and Harris Poll Online. The amount you make depends on how many paid surveys you’re eligible for and how quickly you complete them. 7. Become a Remote Sales Agent If you have a smooth voice and like talking to customers, sign up as a sales agent. You’ll take calls like you would in a physical call center, but some sales agent positions are remote jobs. For example, you can sign up with the company LiveOps to take calls for 30-minute blocks. First, you must apply, be accepted and complete a company training course, which takes about two weeks. Depending on the job, you could be paid an average of 25 cents per minute and/or commission and receive incentives for selling certain products. 8. Make an Online Business Out of Creating Online Courses If you have specialized knowledge, use it to create an online course. If you partner with a site like Udemy, you can set your price — between $20 and $200 per course — and keep a portion of the earnings based on whether you drive the traffic to the site or Udemy’s advertising attracts the students. 9. Surf the Internet There are dozens of ways to win money online. For example, companies want to know what you’re doing online, so they pay data aggregators like Nielsen to collect that information. To do this, Nielsen incentivizes people to share details about their computer and mobile phone usage by installing an app. You can earn rewards for each mobile device, plus sweepstakes entries. Nielsen gives away $10,000 each month to its Computer and Mobile Panel participants. 10. Serve as

an E-Juror You can make extra cash by serving as a mock juror so attorneys can practice their arguments and judge the value of their cases. Sites like eJury recruit U.S. citizens over 18 who haven’t been convicted of a felony. You can’t be an attorney, paralegal or legal assistant — or closely related to an attorney or employed by a law firm. Expect to make between $5 and $10 for each verdict. 11. Rent Out Your Car Renting out your car is one of the many ways you can make money off of tourists in your city. When you’re sitting at home, you’re not using your car, so consider making money from home by renting it to someone else. Companies like Getaround enable you to offer your car to someone who wants to rent it when you’re not using it. Getaround offers car owners top-rated insurance and 24/7 roadside assistance — so you’re fully protected. Active car owners can earn about $10,000 per year, according to Getaround. Smart Money Moves: 35 Useless Expenses You Need To Slash From Your Budget Now 12. Get Cash Back When You Shop Sign up with Ebates to get cash back when you shop online. Ebates has negotiated deals with more than 2,500 companies. Each time you click through the Ebates site to partner sites, the company pays a referral fee to Ebates, and Ebates shares it with you. You can also earn $25 for each friend you refer to Ebates. 13. Become an English Proficiency Test Grader To test for English proficiency, foreign students take tests that include writing paragraphs, which need to be scored. Companies like EditFast need people to grade the tests, and you can earn between $18 and $25 per hour. You must be a native or native-like English speaker, have a four-year college degree, pass proficiency exams and complete the training. Then, after making this extra money, you can grow it even more by putting it in a checking account like the one from PenFed. With an APY that can pay up to 10 times1 more than the average checking account, it can do more for your money. If you’re looking for an easy way to improve your financial situation, don’t overlook something as simple as your checking account. 1Sourced directly from: www.fdic.gov/regulations/resources/rates as of Sept. 18, 2020. 14. Host Dinner for Guests If you like to cook — and others like to eat your food — you could make money by hosting dinners at your home. Companies like Eatwith coordinate guests for your dinner parties. You must apply and host a demo event so the company can verify your culinary and hosting abilities. If you’re accepted, you’ll be on your way to making up to $1,100 per dinner. 15. Recycle for Cash Recycling helps the Earth by reducing pollution, but it can also put some cash in your pocket. Some states implement a bottle deposit you can get back when you turn in the used bottles at a collection center. For example, in California, you can earn 5 cents for most glass and aluminum cans and 10 cents for 24-ounce or larger bottles. 16. Watch Promotional Videos Some companies put together videos they want consumers to watch — and sites like InboxDollars find and reward consumers willing to do it. You’ll earn a little cash for each video you watch. If there aren’t any videos available to watch, InboxDollars also pays members to take surveys and online shop. 17. Turn Your Home Into a Bed and Breakfast If you don’t mind sharing your home with people, you can sign up to rent it to vacationers. On sites like Airbnb, you can list your space, set your rate and wait for guests to sign up. You have the flexibility to rent when you want and close up shop when you want your house to yourself. 18. Share Your Spending History Companies want to know what you’re spending money on. Snap pictures of your receipts, and upload them to the ReceiptPal app to earn entries into sweepstakes and points you can redeem for gift cards. 19. Test Websites If you like surfing the internet, consider becoming a website tester for UserTesting. Companies that are launching new sites will pay you to provide feedback about them and perform tasks to make sure they’re

functioning properly. You can expect to make $10 for each website you review. 20. Sell Coupons Online If you have any coupons around you know you won’t use, someone else might be willing to pay for them. For example, if someone is planning to buy a new laptop, a 10-percent-off coupon could save them a substantial amount, which might motivate them to pay you a portion of what they’d save to get the coupon. EBay does have some restrictions on coupon sales, however. You can never sell coupons for free items, and you can sell only 25 coupons — or up to $100 worth — each month. 21. Trade Cryptocurrencies Cryptocurrencies are currencies electronically created and controlled in a decentralized manner instead of by a government. Types of cryptocurrencies include Bitcoin and Litecoin. Trading cryptocurrencies can be lucrative — Bitcoin went up considerably between January 2017 and December 2017. Trading cryptocurrencies has its risks. If the price plummets — as Bitcoin’s price has in the past — you could lose your investment. 22. Create Slogans for Companies Companies love catchy slogans because they help sell products. If you have a knack for coming up with creative sayings, enter slogan contests. At Slogan Slingers, companies offer a reward of between $200 and $999 for slogans. If a company selects your slogan as the winner, you keep the prize, minus a small administration fee. 23. Lend Money to People If you have extra money, you can earn an average of 4% to 6% per year in profit by investing in peer-to-peer lending. Sites like LendingClub allow you to invest in small portions of loans — as little as $25 per loan — to other people. If the borrower defaults, however, you lose your investment. You must make a minimum opening deposit of $1,000 and meet the suitability requirements set by your state. For many states, that means you must have an annual income of at least $70,000 or a net worth of at least $250,000. 24. Tutor Students Online If you have a knack for explaining difficult subjects and helping students get better grades, consider tutoring online. You can find your own students and set your own rates to create an online business, or you can sign up to tutor with an existing company like Tutor.com. Tutor.com requires you to be at least a college sophomore, and you must be a subject matter expert in the areas you want to tutor. You must work at least five hours per week at Tutor.com. The site does not list the pay for tutors on its website, but with Chegg you can make $20 or more per hour of tutoring. 25. Host Direct-Sales Parties Direct sales companies like Mary Kay pay representatives to host parties and sell their products. You host events and invite friends, family and neighbors over to see and buy a company’s products — and you keep a portion of the sales. If you work for a single-level, direct-sales company, you can expect to earn an average commission of 20% to 25% of what you sell. 26. Rent Out Office Space in Your Home If you have home office space you don’t need to use, it could be worth money to someone who wants an office outside of their home but doesn’t want the associated cost or inflexibility of a traditional office space lease. You can set your own prices and decide when and for how long you want to rent your space. 27. Provide Tech Support Online If you get excited about fixing computer problems, sign up to get rewarded for being tech-savvy. Through companies like Upwork, you can complete lucrative freelance gigs online to earn cash and rewards by helping people fix their technology products. 28. Search the Web With Bing Switching your search engine is an easy way to make money from home. Microsoft, for example, will reward you for using Bing to search the internet. You earn points for activities like searches, which you can redeem for movies, games and gift cards. 29. Become a Virtual Fitness Instructor If you like helping people get in shape but don’t like traveling to the gym or other people’s homes, consider marketing yourself as a virtual fitness instructor. You might need to get

certifications to gain credibility with clients so you can oversee their workouts via webcam or other technology. Alternatively, you can have short, online meetings with clients and provide them with workouts to do on their own. Either way, you can work from home. 30. Sell Your Hair If your friends tell you they wish they had your hair, you might have a source of income growing right on your head. Sites like HairSellon provide an easy way to make money from home: You can list your hair for sale, and the site even has a calculator to help you set a reasonable price depending on its length, thickness and color. 31. Be a Virtual Assistant People will pay you to assist them with a range of tasks from canceling cable to scheduling appointments. “Virtual business assistance is an opportunity with so much variety and need that many people are able to find a place here,” said Angie Nelson of The Work At Home Wife. “In-demand skills can run the gamut from customer service and email management to optimizing eBay listings and setting up email funnels.” At Fancy Hands, the pay ranges from $3 to $7 per task — the faster you complete tasks, the higher your earning potential. 32. Sign Up for Credit Cards Credit card companies want to get their cards in your hands, and they often offer substantial bonuses to sign up. Many sign-up bonuses for credit cards are in excess of $1,000 — but you might have to spend a certain amount in a short period of time to qualify. Check that the card’s annual fee doesn’t offset the sign-up bonus. 33. Perform Tasks on Amazon’s Mechanical Turk Website Amazon has created a huge marketplace for tasks that require human intelligence for completion: Amazon Mechanical Turk. Businesses post tasks and how much the pay is for completing them. Tasks include identifying pictures or videos, transcribing audio recordings and conducting research. Depending on the task, you might have to prove your qualifications before you can claim it. The faster you complete tasks, the more you can make. 34. Adjust Your Home’s Temperature You can increase your bottom line by reducing your heating and cooling costs. Even if you’re always home, you can save up to 14% on your electricity bill if you set your thermostat 2 degrees higher and use a ceiling fan, according to Energy Star. You can also save money by dialing back the heat or air conditioning while you’re asleep. 35. Make and Sell Crafts If you’re a crafty person, selling some of your online handiwork might top your list of ways to make money at home. Sites like Etsy make it easy: You pay no monthly fee, just a 20-cent listing fee. Once your item sells, Etsy takes a 5% transaction fee, making selling you handmade creations and vintage goods in your Etsy shop, mostly painless. 36. Sell Video Footage to News Shows If you often find yourself in the right place at the right time to capture big events, let your video camera roll. News shows will pay you to use the footage for their broadcasts. You can use a site like ScoopBroker to sell your footage to a media outlet for exclusive or nonexclusive rights to it. 37. Write a Book Thanks to the advent of online publishing, you don’t need to have a connection with a big publishing house to deliver your story to the public. In fact, you can publish an e-book digitally through Amazon Kindle Direct Publishing. You can set your own price and earn up to 70% of it in royalty payments. 38. Pay Your Car Insurance in Full Instead of relying on monthly payments, save up to $120 a year by paying your annual car insurance premium in full, according to Lifehacker. As long as your insurance company has a website, you can boost your bottom line from the comfort of your favorite chair. More Opportunities: These Side Jobs Will Be the Most Popular in the US 39. Empty Your Closet If you have a closet full of clothes that you rarely wear, resell those clothes and put some cash in your pocket. Sites like Tradesy allow you to list items that are in great condition as well as authentic. You won’t pay a listing fee, but you will pay a 19.8%

commission on sold items totaling $50 or more and a flat fee of $7.50 on sold items totaling less than $50. 40. Assist With Political Action Campaigns If you’re a good communicator, consider putting your skills to work as a writer or organizer for political change as a way to make money from home. Sites like NextWave Advocacy recruit qualified applicants — often those with a background in writing who are interested in politics — and train them to work for clients on a range of political issues. 41. Negotiate Your Interest Rates If you have credit card balances, calling your credit card company to try to lower your interest rate works 80% of the time, according to CNBC. Even a small decrease in your rate can save you money. For example, say you carry a $10,000 balance: A 3% rate reduction would save you $300. Leverage how long you’ve been a customer and how you pay on time to increase your chances of success. 42. Use an App To Find Price Rebates Many stores have price guarantees, but it’s a hassle to track them all down and potentially even more of a hassle to file the paperwork. Now, you can get price rebates from the comfort of your own home. For example, sign up for Paribus via email, and the service will track the rebates you’re owed by scanning the receipts sent to your email address. It will seek out the lower price and request a rebate on your behalf if you qualify. 43. Review Computer Software Nobody wants to buy software only to find out it doesn’t work well. To help people avoid that disaster, you can write software reviews and get paid for them. SoftwareJudge will pay you up to $50 per review. 44. Watch TV You can make money from home watching TV: Download the Viggle app and earn one point for every minute you watch shows on subscription services like Netflix, Amazon and Hulu, plus bonuses for certain shows. You can redeem points for cash or gift cards. Although it might not be the most profitable activity, if you’re going to watch TV anyway, you might as well get rewarded with this easy way to make money from home. 45. Answer Questions via Text If you’re good at finding answers quickly, consider becoming a member at 1Q, a site that enables customers to ask questions and get answers quickly. After you’ve signed up, you’ll receive 50 cents per answer. The number of questions you receive depends on your demographics and location, so keep your profile updated so you don’t miss out on questions. 46. Create an Online Business Translating Foreign Documents If you speak more than one language, you can make money working from home translating documents. ProZ.com acts as a marketplace for translators to connect with people and companies who need translation services. On ProZ.com, clients request applications for translations and select the translator they want to conduct at-home jobs. 47. Take Stock of Your Memberships Cutting unnecessary memberships is as valuable to your budget as generating extra income. Go through all of your current memberships and subscriptions to make sure they’re worth what you’re paying. To help find lurking expenses, consider an app like Trim, which shows your recurring costs and can even cancel subscriptions for you. 48. Share Your Knowledge If you have specialized knowledge, you can monetize it by signing up as an expert to help others online. For example, JustAnswer will pay you to share your expertise. You must apply for each category you feel you’re qualified to provide answers for, and you need to have a degree or certification in that area. The amount you earn depends on how in-demand your area of expertise is. 49. Bet On Your Ability To Get In Shape Did you know you can get paid to sweat? Getting healthy can help you win money by competing in health challenges. Sites like DietBet allow you to compete with others in weight loss challenges. You must upload pictures to verify your starting and finishing weight. You’ll pay an entry fee, but the fees go into a pot that everyone who meets the goal splits. You’ll never lose money as long as you meet your goal. 50. Accept

Packages for Neighbors If you’ve ever missed a package, you know how difficult it can be to reschedule your delivery. That’s why people use eNeighbr to get packages accepted for them. If you’re going to be home anyway, consider signing up to receive packages for your neighbors. Packages will be sent directly to you, and the customer will pick them up. You can expect to make $3.50 per package.

[costaricafarm]

pineapple Costa Rica

Why is Costa Rica famous for its Pineapple Production?

 Costa Rica is the most developing area in Central America. As Costa Rica develops in all places such as real estate. And stocks, and tourism, one significant development is the pineapple plantations in pineapple Costa Rica. Latin America is famous for its pineapple exports.

                        Costa Rican pineapple has increased in overwhelming prices for a long time. Back in 2019, the rate of one pineapple was $0.43 per kg, wherein in 2021, it has doubled. 

The costs will increase in the coming days, and the pineapple exports will also increase. Entire Europe imports Pineapple Costa Rica. 

 Since pineapple is a tropical fruit that only grows in some places. People rely on pineapple Costa Rica for its pineapple production. 

How pineapple production is affecting the social and environmental factors?

The authorities have taken the notice about the worse kind of effects of

pineapple Costa Rica

production on people.

The most significant issue is that the pineapple industry uses a lot of pesticides and toxic. These toxic chemicals are well known as Paracetamol. It is so harmful that it causes environmental degradation. 

 There are other 50 kinds of sprays sprayed to allow greater and better yields of pineapple in Costa Rica. These chemical sprays pose health issues to all the workers working in that industry. Pineapple Costa Rica can not grow without chemicals and pesticides. Also, the risk of birth defects in the slips (pineapple seeds), are kept at an acceptable level using chemicals.

If you have been to Costa Rica. If you are planning a Costa Rica vacation. One term you should be familiar with is “Pura Vida” (pronounced poo-rah vee-dah). 

 Other than that, there are severe human and environmental problems. 

 How is it affecting the workers in Costa Rica?

 Most of the pineapple workers are migrants from Nicaragua. They are very content with work.  The pineapple farms allow them to work longer hours than normal city jobs and they also work overtime when needed.

As such they are able to make 2-3 times. The salary that they would have been able to make at home in Nicaragua. The government is ensuring to do the regular controls at the larger pineapple farms and pineapple companies.

These people have been living in miserable conditions. Nunez, a worker there, says," I now have many chronic illnesses and so do my children." Their working conditions are so hazardous that they can even kill them and their children.

 In Costa Rica. the large areas with pineapple production concern the general public as they are afraid of water contagion. They are controlling and testing the local water supplies regularly to ensure that the level of toxins and chemicals are below the regulatory limits for drinking water.

Workers affected by COVID-19

 The working conditions in Costa Rica pineapple production farms ensure that local workers have the possibility to support their families. These workers normally spend their entire lives working on these farms and some end up working as supervisors or managers. Local union members represent all the workers in that specific area to ensure that they are getting their regulatory rights such as 13th-month salary and overtime payments.

 An average worker working in Costa Rica pineapple production only earns $100 a week. But can earn up to $150 a week with overtime. Which is 4 times more than he would have made in Nicaragua. 

They have the opportunity at some farms to collect their days off and go home once a month. Most Nicaraguans enjoy the possibilities that Costa Rica offers them. A secure job with a much better salary than they would ever make at home.

What are the improvement steps taken there?

Since pineapple, Costa Rica production holds an important place and health departments started banning pesticides and harmful chemicals, people become more aware daily. 

 They have taken some steps to ensure that clean drinking water is available to all near the bigger producers. The most significant achievement so far is the 5-year suspension the government has implemented on the pineapple Costa Rica farm. 

 CRUSA has also given aid to improve the water condition and has invested $4 million for betterment. They will arrange a few more years of age for the homes of people who work at the Pineapple Pharmacy. To improve their quality of life, many other Costa Rican dependencies and investments should easily invest there to improve their quality of life.

 Pineapple monocropping is causing serious negative impacts on the environment and on local communities. They set the price to pay to small farmers, endorsing the already existing. Disparities in some of the low-income areas of the countries. Even though small and independent farmers exist, the big transnational companies such as Dole or Del Monte maintain all of the power.

Health Risks & Environmental Degradation

Pineapple Costa Rica 

Pineapple grows as an exclusive crop in these large trees.

This lack of diversity in farming results in high levels of investment pesticide and chemical use in order to maintain high yields.

Many communities bordering pineapple plantations. Now forced to rely on government tanks for drinking water after reports of skin disease breathing problems, birth defects, and other illnesses.

The Real Cost of a Cheap Pineapple from Costa Rica - Sloth Conservation

  In stores and supermarkets in North America and Europe, you can buy a pineapple from Costa Rica for just a couple of dollars. But what is the real cost behind that cheap price? 

The reduction in retail prices is sabotaging their positive objectives. And aggressive procurement practices that lead to cuts in wages and insufficient resources to improve working practices," said Catherine Nicholson, CI's program coordinator.

 https://buymyfarm.co/

[notebooknebula]

Top 3 Aha Moments in Real Estate with Jay Conner & Chaffee-Thanh Nguyen

https://www.jayconner.com/top-3-aha-moments-in-real-estate-with-jay-conner-chaffee-thanh-nguyen/

Real Estate Investing With Jay Conner

Jay Conner was joined by his good friend Chaffee-Thanh Nguyen. They talked about some of the “Aha! Moments” in the real estate business.

In addition, they also conversed about “Private Money”. What is Private Money? How and where you can get private money to fund your deals.

All these and more in this episode of Real Estate Investing with Jay Conner.

Chaffee-Thanh Nguyen is an International Speaker, #1 Best Selling Author, and Business and Success Coach.

He holds a Bachelor of Science in Industrial Engineering from the University of Illinois, Urbana-Champaign.

After college, he worked in Corporate America for over 11 years as an Engineer and Senior IT Business Analyst.

He was a Certified Project Management Professional with the internationally recognized Project Management Institute for 6 years.

Using his corporate experience, he went on to start multiple businesses starting in 2002, including Real Estate Investing where he has invested in multiple states across the nation.

His passion, helping others achieve their highest potential in both business and in life.

As a refugee himself, Chaffee-Thanh Nguyen is committed to helping others and giving back. He is very active within his community serving within the Jaycees as a 10th Degree Jaycee, US Jaycee Senator #70583, and a JCI Certified National Trainer.

Timestamps:

0:01 – Get Ready To Be Plugged Into The Money

0:39 – Today’s guest: Chaffee-Thanh Nguyen

1:34 – Jay’s New Book: “Where To Get The Money Now” –https://www.JayConner.com/Book

2:13 – Chaffee, one of the editors of Jay’s new book talks about why you need to get this book now!

3:19 – Aha! Moments in Real Estate – Private Money Academy Conference

4:43 – Who is Chaffee-Thanh Nguyen?

8:42 – 1st Aha! Moment: Substituting the collateral allows the lender to continue earning interest on a loan for a longer period of time, should the original property sell in less than 6 months.

10:19 – What is Private Money? Who is a Private Lender?

15:43 – 2nd Aha! Moment: Sellers do not know what they will accept until you make the offer.

23:10 – How can you buy a property using Subject-to existing note strategy?

26:04 – Final Aha moment for today: You can make big money in the real estate business in a very small market.

31:49 – Chaffee’s parting comments: Go out there, do not be afraid to make offers!

Private Money Academy Conference:

https://jaysliveevent.com/live/?oprid=&ref=42135

Have you read Jay’s new book: Where to Get The Money Now? It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

Free Webinar: http://bit.ly/jaymoneypodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.

What is Real Estate Investing? Live Private Money Academy Conference

https://youtu.be/QyeBbDOF4wo

YouTube Channel

https://www.youtube.com/c/RealEstateInvestingWithJayConner

iTunes:

https://podcasts.apple.com/ca/podcast/private-money-academy-real-estate-investing-jay-conner/id1377723034

Listen to our Podcast:

https://realestateinvestingdeals.mypodcastworld.com/11201/top-3-aha-moments-in-real-estate-with-jay-conner-chaffee-thanh-nguyen

Top 3 Aha Moments in Real Estate with Jay Conner & Chaffee-Thanh Nguyen

Jay Conner

00:03:06

Well, Chaffee, you’re the one that came up with the idea for the show today, and that is we can talk about the live event a little bit and we had 74, what we call “A-ha moments.” So, tell everybody what “A-ha moment” is at the live event, Chaffee.

Chaffee-Thanh Nguyen

00:03:34

So, first of all, let me say that this was one of the best live events that we had a long time in forever. And so to have everyone there, it was a full crowd, full room. Everyone was up in mixing and mingling and having the time and most importantly learning what to do in their business, following Jay’s processes and systems. And as you can see, it’s multiple pages before an “A-ha moment,” which is a moment where Jay talks and trains and teaches about what to do and how to do it.

And the little light bulb comes on and it’s like, “A-ha! I’ve got it! It makes sense!”  

Jay Conner

00:04:14

And the attendees are writing these down and they’re turning them in. So we give away prizes and such as well for people to share their A-ha moments. We don’t have near the time to review all 74 of them, but review just a few of the comments that the live event attendees wrote down and turned in as light bulb moments, from learning at the event. But, Chaffee, lets you take a moment and tell folks about your background and how it is we work together.

Chaffee-Thanh Nguyen

00:04:47

Sure. So when I was growing up, I was told you gotta go to school, get good grades and get a good job or J-O-B as we call it, right? And so that’s what it is. I did. I went to school, I got great grades.

I’m Asian, of course. So I get straight A’s and good stuff.  

Jay Conner

00:05:06

You’re really good at math, right?

Chaffee-Thanh Nguyen

00:05:07

That’s right. I was good at Math. So like a lot of Asians during my time, we were either doctors or engineers and I became an engineer, went to college, got big grades again and got a job as an engineer. So I’m working as an engineer in the corporate world at a multi-billion dollar company. And it was always nagging at me, Jay, that I needed to do more. I needed to do something else because I wasn’t made to be an engineer. I was made to do a lot more than go to a job, 8:00 in the morning and come home at 8:00 at night, 10, 12 hours a day working for somebody else, doing something that I might be good at, only I don’t really enjoy, or I don’t have really have a passion about. So during that time I decided to start something on the side and that was my real estate business. Started investing in 2002 and lost a ton of money on my first deal day.

Jay Conner

00:06:09

Uh-oh. There’s one big lesson right there.

Chaffee-Thanh Nguyen

00:06:09

That’s a book that I need to write, right? Of what not to do. And one thing that I didn’t have, just to share with everybody, one thing that I did now was a coach or a mentor to call up and say, “What’s going on? What am I doing wrong? Or what am I not doing? What should I be doing that I’m not doing?” And that’s really what got me in trouble, Jay, was really some of the things that I should have done that I wasn’t doing. So it wasn’t necessarily that I was doing something wrong. It was, I was missing some steps. I’m missing some things that I should’ve been doing. And so I lost a ton of money in that first deal. Learned, I went through the school of hard knocks and, and you know, lost a ton of money.

And then I got smart and I said, I need help. And so I got a mentor, I got a coach and started doing some more deals. And then I realized how powerful a coach and a mentor can be for somebody’s business and success. And that led me to personal development, which led me to fall in love with coaching. And so I started transitioning from real estate into coaching. And then while I was coaching at a real estate event, I met this guy right here, Mr. Jay Conner. And it was like a spark right away. It was like, I like this guy. He would resonate. And I like what he’s doing. And at that time you were just starting your Where To Get The Money Now course. And you’re like, I’m going to be a speaker and a trainer.

I’m like, “Me, too. I’m doing the same thing, I’m a speaker and a trainer, too.”

And so we’ve gotten in touch over the years. And then, Jay, you started blowing up. I mean, you started teaching and training a whole ton of people. And along the way, he said, “Hey, Chafee, come join the party.” And I was just like, “I’m there.” Like, where am I at? And let’s join the party and-

Jay Conner

00:07:55

You’ve probably been coming to all of our live events. It’s probably been 7 years or more, 7, 8 years, something like that. But yeah, Chaffee helps me run my mastermind group, as well. So, wow! Mastermind group is starting to blow up big time. Because we had 22 of us in the room, thereabouts, 20, 22 of us in the room, the week before last at the mastermind. And we almost doubled that now, but yeah, Chaffee’s a very, very important part of my team when it comes to working with our students and et cetera.

So anyway, as I mentioned, we just have gone through these A-ha moments. So let’s just go back and forth, Chaffee. This first one here. So I’m gonna read the A-ha moment, but then I’m gonna ask you to expand or to really talk about what it means in a very easy, simple to understand way. So George at the live event wrote down, his A-ha moment was, “Substituting the collateral while I was a lender to continue earning interest on a loan for a longer period of time, should the original property sell in less than six months.” So,how about unpacking that. First of all, a good place to start is, make sure everybody knows what we mean when we say, “collateral.” What’s collateral?

Chaffee-Thanh Nguyen

00:09:24

So collateral is what you get in place of the money that you’re lending.

And in our case, Jay, or your case, the collateral is the property. And so they get the property. If something happens and you’re unable to make that payment back to them, then they can go and get the property. And a lot of times they’ll end up with a lot more money when they get the property because you’re only buying those properties that are certain after-repair value, 75% of the ARV, as we say. And so they’re better off getting a property only, obviously you’ve always paid everybody back. And so they’ve never had to use that collateral.

Jay Conner

00:10:10

Yeah, these A-ha moments. So the name of the event that we just said is called The Private Money Academy Conference. So the emphasis of the event is on how to quickly and easily get a lot of private money. So let’s be clear, first of all, Chaffee, and make sure everybody understands what we mean by “private money.” What are we not talking about and who is a private lender or what is a private lender?

Chaffee-Thanh Nguyen

00:10:37

So just to be clear, private money typically comes from somebody that doesn’t really do real estate. They don’t want to get involved in real estate. They’re busy or they have other things that they want to do in their life. And they want a greater return on their money. Sometimes people confuse private lenders with hard money lenders and these are professional money lenders. And so they charge points and they charge high interest rates. And that’s what most people are familiar with. That’s what most people use, are hard money lenders. They’re not banks, they’re not institutions. They’re just people. Most of these people are retired or they’re professionals with high incomes and they have money sitting in a bank or in a retirement account, earning them less than 1% typically. And they’re looking to earn a lot more.

Jay Conner

00:11:33

So private lenders are human beings, right? As Chaffee just said, you’re not borrowing money from any kind of bank or mortgage company or broker of money. These are individuals. In fact, Carol Joy and I right now have 47 individuals that are loaning us money, investing with us to do deals. We pay them a higher rate of return, safe and secure, but nowhere near a hard money lender’s rates. One thing that’s very different about this world of private money is we make the rules as the real estate investor. We set the program, like resetting the interest rate. We determine how long the notes are. In Kentucky, they call it a 360. It’s actually a 180. So it’s the opposite direction of how it works when you’re borrowing money from a bank. When I was borrowing money from the banks up until 2009, my first 6 years, that’s where I thought, that’s what you had to do.

You had to go to the bank and borrow the money to fund your deals. Well, 2003 to 2009, that’s what I did. But since that time, and then this world of private money, we have created our own program. And like we said, the interest rate, how much interest rate would you pay, the frequency of payments, and et cetera. So back to this coming here on this A-ha moment, George says substituting collateral allows the lender to continue earning interest. So what I taught in the section was that when you have borrowed money for your real estate deal, and it sounded like I borrow a lot of what we call “seconds” or junior lien position, smaller amounts of private money, not a lot of money that I used to buy a house, but for rehab and say, for example, so I may have like a $30,000 note that I’ve borrowed to rehab a house.

Now let’s say I sell that house and the note has not expired. So if I have another property, another collate piece of collateral that I have, then I keep that note open so that the lender can keep earning their interest. And I don’t have to pay off that $30,000 note, in this example, I can just substitute or change the collateral that’s backing that note. Does that make sense, Chaffee?

Chaffee-Thanh Nguyen

00:14:07

Yeah. What you’re saying is that you don’t have to pay back that private lender and pay them on the interest because you still have time left on that note. So instead of them only getting interest on four months of payments because you sold the property within 4 months, you know, it’s a 12-month note, you got eight months left. You just take that and put it on another property and they continue to get paid on those 8 months.

Something that goes along with that is a lot of times when I have a new private lender that is doing business with us, if I cash out, I’m going to pay them off or whatever. One of the first things they say is, “Well, Jay, can’t you just keep the money? I don’t want the money back.” And the answer is, you got to either substitute- If you’re doing the business my way cause we can’t borrow any unsecured money. It’s all backed by real estate. Can I do that legally? Sure. But I want to protect and give the security to the private lenders. So they’ll ask, “Well, can’t you just keep the money, Jay?” And the answer is I can, if I’ve got another property that I can collateralize that note. And the worst, I can’t, I’m just not going to keep the money.

If you pay off and you’re also shooting the collateral, then the real estate attorney can’t keep it in their escrow account, what we call “unassigned” and I mean that they’re not a savings account, right? So either got to pay them back or settle through the collateral. We gotta do our next one, Chaffee. What we’ve got here on the sheet?

Chaffee-Thanh Nguyen

00:15:42

I like this one that Felicia had which is, “Sellers do not know what they will accept until you make the offer.”

Jay Conner

00:15:55

Yes. That’s always an A-ha moment. So the A-ha moment is that sellers do not know what they will accept until you make an offer. But now I’ve heard you say this a hundred times, Chaffee, “I’ve never bought a house that I didn’t make an offer on.” Right? So the reason this is such an important point is I just know from experience, it happens all the time and Carol Joy and I, and my team, we do 2 to 3 deals a month, right?

Not a lot of deals, but 420 rehabs since we started this back in 2003. What I’ve learned over all these years is that regardless of what the seller says is the least they will accept. Now, this is particularly if they’re talking to someone else on your team, like the acquisitions. So I have a full-time acquisitionist that does the initial negotiating with the sellers. So regardless of what they tell Kim, our acquisitionist, then I’ll run the numbers. I may not be able to offer that amount of money that he said was the least they would take. So a lot of times I’ll get back to Kim and I’ll offer much, much less. For example, we’ve got a house over in Beaufort right now, that lead came in from one of our bird dogs, a.k.a. Field Agent, a.k.a. Ant Farmer. Anyway, they sent me a picture of this FSBO sign.

And we got up into the seller, Chaffee, and the seller told Kim, in fact it was an inherited property, told him they weren’t going to take one penny less than $300,000. We ran the numbers. I couldn’t offer $300,000 to make it work. The most I could offer was 250,000. So I went back to Kim. I said, “Give them the offer,” and I’m just not offering 250,000, it’s how this offer is framed and presented. I said, “All cash,” i.e. private money, private in there to buy it. And then I could close in 7 days. I knew the house was vacant. I knew it was imperative. There’s no emotional attachment to this property. And these 2 sisters just want to cash out. And so I said, “We close in 7 days, all cash. Don’t have to go get approved for a mortgage or get approved for a loan.”

And that was $50,000 less than just what they said, the least they’d take is 300, and Chaffee, they accepted it. Boom, no conversation. They accepted it, $50,000 less. So as is written down here. They really don’t know. I think they may have really thought that in their head, they may not have been playing any games, but when you’ve got an all-cash offer offered to you and you can have all that cash in 7 days. I mean, that will affect the way you think. Right, Chaffee?

Chaffee-Thanh Nguyen

00:18:57

Absolutely. I mean that’s a $50,000 lesson right there, right?

Jay Conner

00:19:00

Exactly. Exactly. So the takeaway from that for me is, if you want the property, make the offer, period.

Chaffee-Thanh Nguyen

00:19:12

Let me add why I think that’s also very important is that before you even get to the conversation with the seller, Jay, a lot of students that I’ve talked to that have trouble or challenges finding deals always tell me, like I asked him, “How many offers did you make?”

And they’ll say like, “2 or 3.” I go, “Why haven’t you made more offers?” And they’ll say, “Well, the numbers don’t make sense.” And so that’s a wall for them, right? That’s a mental wall that says they look at the numbers from the MLS or the lead sheet or wherever they got that lead from and say, well, you know, it just doesn’t make sense. Like, they want more, it doesn’t meet the MAO, the maximum allowable offer, or it’s above that. So it’s not a lead, let me just throw it away. And regardless of what the numbers say, if you just make the offer, according to what your numbers should be, you’ll be surprised at how many people come back and counter the offer or start that negotiation process. Or as you said, Jay, just take it because they want out.

Jay Conner

00:20:17

Exactly, and there’s an art to making the offer as well.

So we’re going to make the offer, but we’re also going to justify the offer. Many times we will share my formula that I use with the seller. Now I say, the math is what makes the decision and what we can do. And we just get the white elephant out of the conversation, like right up front. In fact, the sellers that I was visiting with this past Friday, I sat down with them for two hours, I still make offers myself. I enjoy visiting people. So I’m sitting down with these people. And so I knew what their number was and we were $30,000 off. And so I had already gone through the house and looked at the repairs that they needed and etc.

And I told them right up front and I said, “Look, I think we’re going to have to work something out,” but I’ll tell you it doesn’t work out all the time. We call that the ‘takeaway,’ right? But I just get the white elephant out of the way by saying, you know what, unless this is a win for you and a win for her husband that was sitting there as well. And this is a win for both of you and a win for me then I don’t want to be a part of it. I don’t want to be involved in any transaction where everybody is not winning. And for everybody to win, all of us have got to give a little bit, too, for that to happen for a long time. So I justified the offer by actually sharing the formula and the math.  

I don’t want to come across as though I am just like pulling some figure out of thin air and just trying to make an extra $30,000 and be some greedy real estate investor. There’s an actual formula to where this comes from and I actually gave him a choice. And one I’m gonna bring up now is not on the A-ha moments, but we talked about it at lunch and that is, I gave them multiple offers. I gave them a choice. And quite frankly, I was happy with whatever choice they took, I said, “Look, I can buy this property.” Of course they never heard of the subject to the existing note, nobody’s ever heard of it. So you gotta like, dumb that conversation down, but I said I can pay you all cash, or I can give you $10,000 more if I buy it from you with what we call,

“subject to the existing note,” or “subject to,” as most real estate investors. And they immediately took the 10,000 more. That’s what they had in their- at least these people were current. I mean, they got fantastic credit. So just to make sure everybody understands, Chaffee, tell our audience and listeners and viewers here, what do we mean by buying a property, subject to the existing note?

Chaffee-Thanh Nguyen

00:23:21

So when we say “buy, subject to the existing note,” which is not something that you would actually say to the seller. You’re not going to say I’m going to buy your property subject to the existing note because that’s right over their head, right? So basically they have a mortgage on that property with the bank or with a credit union or some institution. And all you’re going to do is you’re going to make their payments for them.

So they’re not getting rid of that loan, instead, you’re just gonna pay those payments as they come on a monthly basis and they’re going to transfer the title of the property to you. So you’re going to own the property and make payments as if it was your loan, except the loan stays in their name. So that’s the only thing. You’re making their payments and you’re taking over the property and they can go on their happy way and live their life. So they don’t have to worry about those monthly payments anymore. And oftentimes Jay, with “subject to,” with the strategy that you use, if somebody is behind on payments, you’re actually helping them fix their credit because you’re making those on-time monthly payments. Now, in this case, they were on time. So you don’t have to do that. And as long as you continue to make those payments for them, that’s still helping their credit build up because that’s a loan on their property being paid on time

Jay Conner

00:24:38

Yeah. So they are actually getting in this transaction that I’m talking about, they are actually getting about $34,000 more than their payoff. So I’m buying it to the existing note, making the payments on that outstanding balance until I find a buyer and cash out. So the difference that I’m paying them, I explained to them, you’re getting the same amount of money in your pocket. Whether I pay all cash and pay off your mortgage, or if I buy it, this is what I call Option B and explained to them how “subject to” works. You’re still getting the same amount of money in your pocket. It’s just a matter of whether I’m going to be paying off your mortgage right now. And so what else am I going to do on this deal? I’m buying it, set it into the existing note, and then I’m going to borrow private money in a second position or a junior position, and use that little bit of private money to go ahead and give them their cash when we close on it.

One A-ha moment that I’ve read on here is they just made a statement that they heard me say to a lot of them all the time. And that is you can make really big money in this business in a very, very small market. So what’s the population of where you and your family live up in the Chicago area?

Chaffee-Thanh Nguyen

00:26:21

There’s about 8 million people in the city and the surrounding areas.

Jay Conner

00:26:26

Yeah. So he’s at 8 million. So me and Carol Joy are here in 40,000, so we did 2 to 3 deals a month, even when it’s become more challenging now to find deals in the market that we’re in.

But as I said, we do 2 to 3 a month, and we’re still averaging all this $70,000 profit per deal. Well, let’s fill up under contract that I’ve been telling everybody about. The after-repair value is right around 300,000 and I can put maybe $5,000 in this house. It’s already been totally rehabbed. There’s a little bit left upstairs. Well, here’s the math, I’m buying it for 160,000. It’s worth right at 300. And all I got to put in is about $5,000. So I didn’t have to take that to the committee to get the approval on that one.

Chaffee-Thanh Nguyen

00:27:35

Let me just repeat that so everyone listening understands, Jay, is that these individuals are current on their payments and the house is worth about 300 after repair. And they’re willing to sell it to you for 160 and they’re allowing you to take over their payments.

And is that a real deal, Jay? Do those kinds of deals exist?

Jay Conner

00:27:59

Well, I’ll be able to show you the contract. I’d be able to show you the deed this coming Monday. But this is not an out of ordinary deal by any imagination. One question someone may be thinking right now is, well, why would somebody trust me to make their payments and give up all that equity? Couldn’t they put the house in the multiple listing service? They could, even though it still needs some repair upstairs. But I always ask people, “How did you know where to find us?” And we did marketing consistently everyday. We do Facebook ads. We do Google ads. We do direct mail to people that are behind and in foreclosure, et cetera. So I asked this lady, I said, “How did you find me?”

She says, “We’ve been living here for 28 years and we know what you do.” I mean, if you live around here, you’re going to see my face and you’re going to see my marketing on Facebook. And so she’s “All I did was I just went to Google and I Googled ‘Jay buys houses.’ ” There it was. But back to the question, why would someone be willing to do what we’re doing? Well, people do things for their own reasons. Sometimes you’re not even actually sure, but since I sat down with these people for two hours, I know why. The husband is not in good health and it’s like a hundred degrees here. He’s been working on this house for over a year. And he came in from the heat last week and his wife is worried sick that something’s going to happen to him.

And she’s going to be stuck with the burden of this house. And she tells me that she tells me that multiple times. She says, “I just don’t want to have the risk of being stuck and having the burden of this.” And in fact, on this “subject to” things they never heard of, I said, “Well, you get with me giving you $10,000 more, option B way,” I said, “The only thing you have to decide is, are you going to trust me to make your payments?” And I said, “Why wouldn’t I make your payments? I can’t sell a house and fix it up and all that if I’m not making your payments, right? I don’t want the bank to take it away from me, particularly when I’m getting ready to put this rehab money in it.”

So the short answer to the question, “Who would be willing to sell their house this way?” And the short answer is, “A motivated seller.”

Chaffee-Thanh Nguyen

00:30:46

And that’s the key. So I hear it all the time, Jay, is that, “No, I don’t. I can’t find these deals out there. No one will ever sell me these properties.” And the reason is that you’re talking to unmotivated sellers. Most of them are For Sale By Owner because they’re too cheap to hire real estate agents. So they’re not motivated. They just want more money and those, I think For Sale By Owners, you can definitely find some deals with them. If you find the right For Sale By Owner, only is you have to filter through a whole ton, a lot of them. And I think that it’s good practice for you to learn how to speak to people and just realize you want marketing channels in place to get those motivated sellers contacting you so that you don’t have to go out there and talk to a thousand people for you to find the 1 or 2 motivated sellers from those FSBOs out there.

Jay Conner

00:31:40

Exactly. Well, Chaffee, we are about out of time. So I’m going to let you wrap it up with parting comments and final thoughts.

Chaffee-Thanh Nguyen

00:31:48

Parting comments is – Go out there. Don’t be afraid to make offers. Find somebody who you can resonate with, who you like, who has a system and a process that can help hold your hand to do this business and show you how to do the things that you need to do. Unlike me, when I first started, right? Find somebody that’s going to teach you this business so that you can do this business and it can allow you to change your life and live life with the passion that you want or do the things that you’re passionate about. Because, you know, I hear a lot of people all the time, Jay. I’ve watched 30 hours of YouTube videos every single week on how to do real estate.

And I hadn’t done a deal, right? Well that’s because you don’t have somebody like Mr. Jay Conner telling you, guiding you, teaching you step-by-step, what to do and how to do it. You’re watching a thousand different videos that tell you all different things. So you’re either going to pay through the school of hard knocks and learn through mistakes, or you’re going to find somebody and go through and hire a good mentor or coach that’s going to show you how to do this business and do it successfully. And it’s going to be a lot less headaches. So you can do this business, just find the right people to work with and it will change your life.

[mukeshsharmaofficial]

12 Minute Affiliate System Review: This Is What I Got!

by shivansh bhanwariya

You just heard about the ‘12 Minute Affiliate System‘ through a YouTube video, blog, or a social media advertisement or post.

Looks both interesting but a bit risky. I know that feeling. I had the same feeling when I got the chance to look at it back in the day.

But, then I also realized that it is run by Devon Brown. If you’re a ClickFunnels user, you might know that this guy has showed up at FHL (Funnel Hacking Live) a couple times.

Still not sure, this is that guy…

When I got to know that he runs the 12 Minute Affiliate System, I finally decided to try this out. I’ll be sharing everything I liked and didn’t like about the program/system after spending some time figuring stuff out.

I’ll share what it looks like inside to be a member, what is this all about, how user friendly is the training, the set-up, and who is this program for.

Let’s kick things right away and start this ONLY in-depth 12 Minute Affiliate System review without wasting any time.

What is 12 Minute Affiliate System?

So what this actually is?

Is it a training program?

Or a kind of machine that’ll generate you thousands of dollars in minutes?

The truth is, it’s an affiliate marketing training program with actionable and easy steps that beginners can leverage to make money online without having to start a website, YouTube channel or something else.

They provide you everything you need. From training to funnels, from products (that you choose) to traffic, and nifty support.

Since you just have to copy and paste the steps provided (I’ll talk about them in a while), you can probably call it a system.

I’m a member of the program and this is an inside view of the program.

You get a whole bunch of stuff when you enter this program. But before we talk about that, let me answer some of the big questions.

Does it Really take 12 Minutes to Get Started?

The answer is yes and no. Sure, you can have the funnels, autoresponder, and tracking set up, but that doesn’t mean you’ll starting making money within 12 minutes. It’s going to take a while before you start earning commissions because all you’ll do is affiliate marketing.

Affiliate marketing takes a bit of time, a little work, and some investment to get going in the right direction.

It’s not a ‘get rich quick scheme’ for sure. Also, if you’re looking for something like that, no training or even system will work for you because it simply doesn’t exist.

There’s no shortcuts to success. I would not even recommend you reading this review if you want to make $100,000 within this week.

That’s not how it works.

Can you Earn Four to Five Figures each Month?

Hell yeah! But……

Okay, so what’s the catch?

Well, it’s investment and work. You’ll want to invest a bit into your skills and advertisements to get some quality traffic and coming in and once you have that up and running, you can get a chance to lay in the bed and generate passive cash flow.

Is 12 Minute Affiliate Legit?

I have a simple answer for this question: Yes, It’s Legit for sure!

How Does the System Work?

So, when you’re in the system, there are total 6 steps you need to take to start making the profit or in other words, start your online business model. Let’s go over them one after the other.

Step #1: Create your Affiliate Account in 2 Minutes

This is the first step that you get to meet when you initially login to the system. You want to create/setup an affiliate account first.

It’s a very easy step to be taken. You create a ClickBank affiliate account so that you can be an affiliate of a product to be able to promote it, make sales, and earn commission off of that.

It’s nothing complicated. You might already have a ClickBank account if you’ve tried selling somebody else’s products as an affiliate.

There are plenty of resources taking you from baby steps to be able to create an affiliate account.

It’s pretty easy and basic.

Step #2: Get an Autoresponder

If you don’t know what an autoresponder is, it’s a tool that allows you to send automated emails to your subscribers without you having to worrying about sitting like a crazy person and sending tons of emails to tons of people.

The software recommended by the 12 Minute Affiliate System is AWeber. Just be aware that you’ll need to buy the tool yourself. For the first 30 days, it’s going to be free and then it’ll cost $19 per month (for 500 subscribers).

But it will outsource a whole lot of your work. It’s worth paying. Also, according to industry average, you’ll be earning close to $500 per month when you reach that 500 subscriber mark.

Majority of the people earn $1 for an email subscriber per month. You could be earning more as well – depending on the quality of the list and the strategies you use.

We’ve been using AWeber lately and really love the way it works. Nice deliverability, user experience, and overall tracking. It’s not the only best tool but we just live the company so much.

If you don’t want to use AWeber, you’ll be free to integrate an autoresponder of your own. No worries with that.

Step #3: Setup your Autoresponder

In this step, you’ll be loading email swipes to your AWeber or any other email marketing platform. In 12 Minute Affiliate, you’ll be getting 80 email swipes that you can simply upload to your account easily and then you’re up and running.

That’s why they recommend AWeber because it’s going to be easy for you to get this task done in minutes. It’ll be convenient to send emails series.

You will be able to auto generate emails with your own affiliate links and then have them sent to the subscribers on a daily basis.

Just like – Email #1 – On day 1, Email #2 – On day 2, Email #3 – ON day 3, and so on.

I personally think that sending 80 emails is a bit aggressive.

Step #4: Active your 12 Minute Affiliate Funnels

As shown below, in this step, you’ll be placing your affiliate ID (depending on the niches you choose). These funnels are included within your account and you won’t need a website or a sales funnel software like ClickFunnels.

You can pick up any (done for you) template shown in the library to promote various products in different niches you chose.

It’s just a matter of clicks, and I mean it.

If you don’t want to do it by yourself, you can pay to play. They have a Done For You setup that can be helpful if you don’t have much time.

Step #5: Get Traffic

Here, you have two ways to go. One, get traffic by the traditional ways like web forums, SEO, YouTube, and other stuff which takes some time. You’ll get this e-book + training for the traffic.

Or in the second option, there Done For You Traffic.

Really?

Well, here, you’ll be buying clicks and they’ll setup everything for you. Depending on your industry, it can cost anywhere from $1 per click to $3 per click or more.

Hence, if you pay $100, there’ll be about 100 people coming to your landing page. It’s just an example.

But let me be clear, if 100 people hop on to your page, you won’t be seeing 100 signups to your mailing list.

The average conversion rate will about 25 to 30% (sometimes more or less). That said, if you get 100 people coming in, and you get 30 signups, you can expect one or two sales of the product.

So, if it’s a high ticket product, you can spend $100 and make $500, $600, or even $1,000 back. But if it’s a low ticket product, you’ll barely breaking even.

Affiliate marketing is not magic. It requires work, patience, and investment – just like other business models out there.

So, there are the simple steps the 12 Minute Affiliate System offers. It really doesn’t take much of your time to get started if you’re willing to.

Is there Anything else you Get?

Yes, they also have a section for personal development, which I think is really important for a person to stay positive unless he starts getting/seeing some good results. Business is all about patience regardless it’s an online or an offline business.

The way you think about your life is super important. Mindset is everything.

If you change the way you look at things, the things around you will change.

Cool, are there Any Upsells?

Yes, there are upsells. But those upsells don’t have to do anything to you when you’re just beginning the journey. You can upgrade your account and get high level coaching once you start generating some decent revene.

That’s why, I don’t talk about upsells in this review.

What About the Money Back Guarantee?

The 12 Minute Affiliate System offers a 60-day money back guarantee so you won’t need to worry about that as well. It’s risk free to join.

My Final Verdict on 12 Minute Affiliate

Overall, the product is super amazing and provides a whole lot of value that it promises. However, I’m not a big fan of a product that does everything for you. Like you don’t earn any skills when you buy these kind of systems.

Sure, it can generate you money. And that’s cool. But I personally think that high income is not that important to lead…rather, a high income skill is something that you should choose.

But hey, everybody’s got different perspective about life. Some want more time. Some want freedom. Some want houses. Some need fame. And the list goes on and on and on.

Finally, I can say that this system is not a cringe or a scam. It’s legit and fits best for beginners trying to make money online.

This was my personal experience after purchasing the system myself to help you out with a better context.

Give it a try and let me know how it goes.

Click Here To Join The 12 Minute Affiliate System Now!

So, this was my honest 12 Minute Affiliate Review that I wanted to share with you all. If have any questions, let me know in the comments section right below and I’ll make sure to clear your doubts.

[wack-ashimself]

Hey you guys want to see the email I wrote to my boss's boss because they will not give me the official job title or pay for the job I've been doing basically for 4 years? Enjoy it now it might get me fired...

I have been wanting to write this email for a long time. But I was afraid it would go 1 of 2 ways.

1-I am too blunt, like last time, and burn any bridges I had to cross.

2-I beg you like a slave for a job I have rightfully been doing for 4 years and earned, and come off as weak.

So I am gonna try to find a middle ground and not waste your time.

So I will start with hard, undeniable, provable, verifiable FACTS.

 

1-I have been there 4 years, and in which time, I have been doing the furniture manger's position not only longer than any single furniture manger you picked out (which is what, SIX at this point?) but more than all of those furniture managers combined. I do put on my resumes I am the furniture manager, and when I explain the long detailed history of how I do the job, but didn't get the job (when I was originally promised it twice) I get only empathy, and usually laughs at the insanity of my mistreatment.

 

2-The only reason I have not left is I love the people I work with, overall (cuz it is not the pay or the job, for sure). I can easily find the same job/pay ANYWHERE, but I am honest with myself-I have not liked most people at most jobs I worked at. I love the people I work with cuz they are hardworking, honest, direct, and won't coddle you for your own ego's safety. But I can tell you if and when I leave, being the second longest working non manager there, when people come to me, confine in me, look for inspiration/help from me (more than once on suicidal thoughts) it will be felt, and a ripple effect. Only person y has been working there longer than me. And she already quit once too.

 

3-I am the highest complimented person in that store's entire history of being open. I took pics before you guys erased the 'overall compliment cards' and went to yearly, and NO ONE was even close. Add in my solid yearly reviews, mystery shops, online reviews, etc, I am one of the if not THE STRONGEST ASSET that store has. Period.

 

4-This should be the single only thing I should have to write. I have overall been the store furniture manager for 4 years, and this year, the first year EVER: my store made over 1 million dollars in furniture sales (SO FAR). And if I am being EXTREMELY conservative, that means I, ALONE, made the store 100k a year on average (and that is me being polite. I would say closer to 200k). I get paid less than 13k a year. I am one of the few that MADE your store (you should hear the stories <monthly> of how many people leave the other branch store and come to ours because we treat them better). I am the only single thing with the hours consistently in furniture. No furniture manager or any other manager has the time and hours devoted to furniture like me. So I can make this claim.

 

Summary? Give me the furniture manager position, and rightful pay. Please. I am saying this as I grind my teeth, knowing you probably have never done what I have done for 4 years, yet you control my fate. Not forever. Cause either you give me this position, or I will take any job I can find come spring. And there is absolutely no way, give you a 2 weeks notice or not, I will ever be able to train someone in everything I know and how to do it. So they will flounder. Remember-I took the job two weeks into working there cuz the furniture manager quit, and I rocked it. You think that was easy and anyone can do it? They have not yet.

 

Just know...I am doing this job, right now, cuz NO ONE ELSE wants it. You just had one guy quit, not giving his two weeks, and the only other (internal) interested party said no cuz they want to have a family life. I had fixed countless mistakes NO ONE will ever know of, took it upon myself to help customers that no one else was taking care of, and I go above and beyond every day. Why? Cause I take pride in making people happy. I genuinely do. I do not care how much money you save hiring some schmoe off the streets cuz you can pay them less than me; it will never pay off. Clearly, cuz I was the one to take you to a million dollars.

 

So, please reflect on these FACTS, make the right call, or so help me, I will watch that store proudly never reach 3/4 of a million working at taco bell across the street this time next year.

Quit mistreating your employees just cause you legally can. It is still immoral, ya know?

 

Sincerely

Me (easier to not get fired if no names or business name)

 

ps-You guys have no idea how to motivate employees. Employee of the monthly winner $5 gift card? $60 per store per year? HA! And now these check in, mid check in, and exiting check ins? Just like your useless hour long manager calls (which could easily be put into an email) which takes away our managers usually when we need them most, understaffing us, then doing a potluck on black friday (instead of buying us the whole meal) shows you do not care, but you want to look like you do. Everyone notices it; I am the only one who will be honest with you. You should hear the stories from stores (in and out of your reach) who constantly lie to keep up appearances (like, but not limited to, using a known phone number to keep up rewards numbers, lying about getting something for free/cheaper, like extended warranty, by scanning a coupon the customer did not know of, etc) . It's funny to know what corporate wants to hear, what is told, and what actually happened. There's tons of online threads talking about our store (none of which is me) and none of it is good. I will read about people across the country, far away, having the exact same issues....and none of you learn. And wonder why you have people quitting so regularly. It isn't a mystery...I am not saying any of this to attack you personally; I want the company to get better. The employees to be happy, treated right, not understaffed, and the company gets your fair work out of them. Only way you will get there is someone telling you the truth, and it seems no one is.

[theliberaltony]

via Politics – FiveThirtyEight

For the past few months, Alicia Wertz has barely seen her husband. Since schools closed in their northern Alabama town in March, they’ve been single-mindedly focused on a single goal: making sure that someone was watching their three kids. At first, Wertz tried working from home. But she wasn’t getting anything done, so they tried splitting the hours: Wertz’s husband watches the children in the morning, then a sitter comes to relieve him in the afternoon until Wertz takes over when she returns from work.

“When we’re not working, we’re by ourselves with the children. It almost feels like you’re a single parent. All you do is go to work and care for the kids,” Wertz said.

In her mind, Wertz is counting down the days until schools reopen. But there’s a nagging worry at the back of her head — what if they don’t open at all? “The thought of [my kids] not going back in the fall is devastating,” Wertz said when we spoke in early July. “It raises this question of — if one of us has to stay home with the children, whose job is more important? I think it was something that we did have conversations about before, but COVID-19 has made it much worse.”

Wertz isn’t the only working mother for whom the thought of the fall calendar sparks both relief and dread. And what comes next could have disproportionate — and long-lasting — effects on the careers of countless women across the country. Studies have shown that women already shoulder much of the burden of caring for and educating their children at home; now, they’re also more likely than men to have lost their jobs thanks to the pandemic. And the collapse of the child care and public education infrastructure that so many parents rely on will only magnify these problems, even pushing some women out of the labor force entirely.

“We’re in danger of erasing the limited gains we’ve made for women over the past few decades, and especially women of color,” said Melissa Boteach, Vice President for Income Security and Child Care/Early Learning at the National Women’s Law Center.

The crux of the issue: Child care just isn’t as available as it was before the pandemic. Data provided to FiveThirtyEight by the job-search website Indeed shows that child-care services have been much slower to hire again (a useful proxy for re-opening) than other areas of the economy:

Combine that with the news that many schools will remain closed in the fall, and it’s easy to see the crisis at hand. If polling is any indication, the vast majority of the fallout is being weathered by mothers, who were already doing the majority of household work even before the pandemic began.

In 2015, the Pew Research Center asked parents about how they divide family responsibilities when both work full-time.1 Some tasks were split relatively evenly: Twenty percent of respondents said the mother disciplined children more, 17 percent said the father disciplined more, and 61 percent said that responsibility was shared equally. For every task, however, more respondents reported that the mother carried a greater amount of the load than those who said the father did — including areas involving managing children’s schedules, caring for children when they’re sick and handling household chores.

Moms usually shoulder more of the load at home

Share of parents in households with two full-time working parents who say each parent does more work in a given category, according to a Pew poll

Share of parents who say… Category Mother does more Father does more Work split equally Managing children’s schedules/activities 54% 6% 39% Taking care of sick children 47 6 47 Handling household chores, etc. 31 9 59 Playing/doing activities with children 22 13 64 Disciplining children 20 17 61

Based on 2015 poll by Pew Research, with a sample size of 531 respondents. The sample included male/female married couples only.

Source: Pew Research center

Along similar lines, Pew also found in a poll from 2019 that 80 percent of women living with a partner who had children did the primary grocery shopping and meal-preparation duties for their families. And according to the Bureau of Labor Statistics’ American Time Use Survey — which tracks the average amount of time people spend per day on different categories of activity — married mothers with full-time jobs spent 56 percent more time doing childcare and housework than corresponding fathers. By contrast, fathers spent more time on work-related tasks, travel and leisure activities.2

All that extra time moms spend really adds up

Daily time spent doing various activities by married parents of children under 18 who both worked full-time, according to the American Time Use Survey

Hours spent per day Activity Mothers Fathers Diff. Household activities 1.87 1.23 +0.64 Physical care for children 0.59 0.28 0.31 Child care – other 0.36 0.22 0.14 Child-related travel 0.25 0.13 0.12 Education-related activities 0.10 0.06 0.04 Reading with children 0.05 0.03 0.02 Playing/hobbies with children 0.27 0.29 -0.02 Total 3.49 2.24 1.25

Survey data covers the combined years of 2015 through 2019 and includes both opposite- and same-sex couples.

Source: bls.gov

Even under normal circumstances, it was difficult for mothers of young children to balance work against the heavy burden of child care. The BLS found that in 2019, the labor force participation rate for women with children under age 6 was 66.4 percent, well below the rate for women with children age 6 or older3 (76.8 percent). According to a 2014 survey by the U.S. Census Bureau, 61 percent of women who were out of a job and have young children listed “caretaking” as a reason why they were not employed. Forty-six percent of women who were out of a job and have older children said the same. To put that in perspective, only 10 percent of all respondents who were out of work gave caregiving as a reason.4

A similar strain is apparent in working mothers’ decisions to take unpaid leave, or even part-time jobs instead of full-time ones. According to that same census survey from 2014, 30 percent of women who were part-time workers with young children — and 19 percent of women with older children — said caretaking was a reason they worked part-time. (Among part-time workers, the overall share is just 7 percent.)5

Now, with schools closed and day cares struggling to remain open, even more women may conclude that the best — or perhaps the only — choice for their family and their own sanity is to reduce their hours, or even press “pause” on their career.

“Sometimes I’ll get to a point where I’m like, ‘I’m so tired, I’ll have to go part-time to make it all work,’” said Lee Dunham, a lawyer who lives in Delaware. Since the pandemic started, Dunham has been mostly responsible for her 10-month-old daughter during the day — which means her work day doesn’t start until 8 p.m. and usually wraps around 2 a.m.. “I’m just basically not getting enough sleep because I’m watching the baby 40 hours a week and doing my job 40 hours a week. It’s really rough.”

Dunham feels she’s lucky to have an understanding employer who told her earlier this year that they’d be cutting all of their employees some slack because of the pandemic. But at the time, she added, everyone was assuming day care would be up and running by mid-summer. “It might be that I have to dial back my hours, which of course means I will get paid less.”

This kind of calculus already depresses women’s wages and makes it harder for their careers to progress. According to the National Women’s Law Center, mothers are typically only paid 71 cents for every dollar paid to fathers. In fact, a lot of recent research into the gender pay gap has found that much of it is simply due to the constraints on working mothers. For instance, a 2018 analysis of data from Denmark — which offers a counterpoint to the United States in terms of social safety net, yet still has a very large and persistent gender wage gap — found that women’s earnings drop significantly after having their first child, while men’s earnings aren’t affected at all. And crucially, several studies in the U.S. and other countries have found that the trajectory of wages for women who don’t have children resembles those of men, whether they have kids or not (although some research has actually suggested that becoming a father can contribute to men’s career success).

This disparity is particularly intense for women of color. Black mothers are paid only 54 cents for every dollar paid to a white father, according to NWLC; for Latina mothers, it’s 46 cents. Low-income women of color are also among the likeliest to have lost their jobs in the current recession. And they’re disproportionately likely to be the child-care workers who are being asked to come back to work, sometimes in unsafe working conditions, for low wages. “We’re in a vicious cycle where we need child care as one of the tools to get women to equal pay, and yet unequal pay is one of the primary reasons that women are pushed into staying home,” Boteach said.

Leaving the workforce, even if it’s just for a year or two, has ripple effects that can follow a woman for the rest of her life, even depressing her earnings in retirement. Finding a new job after a few years on hiatus can be very difficult for mothers, who may be stereotyped as less serious about their careers because they took time off to be with their children. One study from 2007 found that mothers were perceived to be less competent than fathers, and their recommended salaries were also lower.

During this pandemic, you can already see the disproportionate impact taking shape. The unemployment rate for women in April was 16.2 percent, higher than it has been in any month since at least 1948, before dropping to 11.7 percent in June — a percentage point higher than the rate for men (10.6 percent). Even more striking, labor force participation for women dipped to 54.7 percent in April before rising to 56.1 percent last month. Both of those numbers are reminiscent of the rates for women from the 1980s — back when the very notion of women in the workforce was still gaining momentum.6

Wertz has no plans to leave her job — at least for now. “I worked incredibly hard to get to where I am now,” she said. “I essentially paid my way through school with no family support. For years I worked entirely too hard for not enough money.” Already, she worries that she’s perceived differently in the workplace because she’s a mother. “Even if it was just a year, I know how that gap would look on my resume,” she said. “If I had to take that step back, I just don’t know if I’d recover from it.”

[douchebagbrainwaves]

THE COURAGE OF PROJECT

Then when you start a startup anywhere. That's why mice and rabbits are furry and elephants and hippos aren't.1 The very design of the average site in the late twentieth century. He got a 4x liquidation preference. Google, it's hard to get into grad school in math. Can we claim founders are better off as a result of this new trend. Where you live should make at most a couple percent difference. But investing later should also mean they have fewer losers.

They make something moderately appealing and have decent initial growth.2 If you major in math it will be whatever the startup can get from the first one to write a paper for school, his mother would tell him: find a way to turn a billion dollar industry into a fifty million dollar industry, so much the better, if all fifty million go to you. The classic yuppie worked for a small organization. Before us, most companies in the startup funding business. The best way to get a big idea can take roost.3 4 or 5 million. This essay grew out of something I wrote for myself to figure out how to increase their load factors. But you can also apply some force by focusing the discussion: by asking what specific questions they need answered to make up their minds. This plan collapsed under its own weight.4 Startups happened because technology started to change so fast that big companies could no longer keep a lid on the smaller ones.

The only place your judgement makes a difference is in the industry.5 People who do great work, and it's a bad sign when you have a special word for that. One of the exhilarating things about coming back to Cambridge every spring is walking through the streets at dusk, when you can see into the houses. If you have steep revenue growth, say over 6x a year, no matter how many good startups approach him. Recently we managed to recruit her to help us run YC when she's not busy with architectural projects.6 This works better when a startup has 3 founders than 2, and better when the leader of the company in later rounds. I'm not saying you can get away with zero self-discipline.

We're not a replacement for don't give up. What you should not do is rebel. But while series A rounds from VCs. Someone who's scrappy manages to be both threatening and undignified at the same world everyone else does, but notice some odd detail that's compellingly mysterious.7 Even Tim O'Reilly was wearing a suit, a sight so alien I couldn't parse it at first. They can't tell how smart you are.8 The story about Web 2. Maybe one day the most important thing is to be learned from whatever book on it happens to be closest. This essay is derived from a keynote at FOWA in October 2007. They'll decide later if they want to raise.9

Sometimes it reached the point of economic sadism: site owners assumed that the more pain they caused the user, the more benefit it must be to them. It's cities that compete, not countries.10 Kids are curious, but the best founders are certainly capable of it. But investors are so fickle that you can fix for a lot of time on work that interests you, and don't just refuse to. But you have to be an insider.11 A key ingredient in many projects, almost a project on its own, is to step onto an orthogonal vector. So ironically the original description of the Web 2. Back when it cost a lot to like I've done a few things, like intro it to my friends at Foundry who were investors in Service Metrics and understand this model I am also talking to my friend Mark Pincus who had an idea like this a few years ago.12 0 seemed to mean was something about democracy. We didn't have enough saved to live on. There is another reason founders don't ask themselves whether they're default alive or default dead.13

So most investors prefer, if they wanted, raise series A rounds. They're unable to raise more money, and precisely when you'll have to switch to plan B if plan A isn't working. That doesn't mean the investor says yes to everyone. Miss out on what? It's so cheap to start web startups that orders of magnitudes more will be started. Investors evaluate startups the way customers evaluate products, not the way bosses evaluate employees. The bust was as much an overreaction as the boom.14 Startups are undergoing the same transformation that technology does when it becomes cheaper.15 Another way to fly low is to give them something for free that competitors charge for. After all, a Web 2.16 He bought a suit.

Instead you'll be compelled to seek growth in other ways. They all knew their work like a piano player knows the keys. But consulting is far from free money. They say they're going to get eliminated. What does it mean, exactly? If investors were perfect judges, the two would require exactly the same skills. And to be both good and novel, an idea probably has to seem bad to most people, or someone writes a particularly interesting article, it will show up there. The mere existence of prep schools is proof of that.17 So far the complete list of messages I've picked up from cities is: wealth, style, hipness, physical attractiveness wouldn't have been a total immersion. Don't just do what they tell you to do. But advancing technology has made web startups so cheap that you really can get a portrait of the normal distribution of most applicant pools, it matters least to judge accurately in precisely the cases where judgement has the most effect—you won't take rejection so personally. If raising money is hard.

There is no sharp line between the two types of startup ideas: those that grow organically out of your own life, and those that you decide, from afar, are going to get rarer. While some VCs have technical backgrounds, I don't know enough to say, but it happens surprisingly rarely.18 Most subjects are taught in such a boring way that it's only by discipline that you can never safely treat fundraising as more than a startup that seems like it's going to stop.19 It sounds obvious to say that you should worry? One reason startups prefer series A rounds? When I was in high school either. If you feel you've been misjudged, you can do. Google. Of course, someone has to take money from people who are young but smart and driven can make more by starting their own companies after college instead of getting jobs, that will change what happens in college.

Notes

Though they are themselves typical users. But it takes to get good grades in them to private schools that in three months, a valuation. Giving away the razor and making more per customer makes it easier to get them to stay in a time machine.

Apple's early history are from an angel investment from a mediocre VC.

In the beginning.

Plus ca change. But on the other.

And that is exactly the point of a stock is its future earnings, you now get to go behind the scenes role in IPOs, which allowed banks and savings and loans to buy it despite having no evidence it's for sale.

However, it will seem dumb in 100 years. Digg is Slashdot with voting instead of blacklist.

Sofbot.

I write out loud can expose awkward parts.

I've become a so-called signalling risk.

Hint: the way they have because they couldn't afford a monitor.

And it's particularly damaging when these investors flake, because there was a new search engine is low. They have no connections, you'll find that with a wink, to take care of one's markets is ultimately just another way in which income is doled out by Mitch Kapor, is to raise money after Demo Day, there would be easy to discount, but I'm not against editing. As one very successful YC founder told me they like the one hand and the exercise of stock options than any preceding president, he tried to shift back. At three months we can't believe anyone would think twice before crossing him.

Progressive tax rates has a significant startup hub. He, like speculators, that alone could in principle 100,000 sestertii apiece for slaves learned in the early adopters you evolve the idea is crack. As we walked in, we love big juicy lumbar disc herniation as juicy except literally.

It's sometimes argued that we didn't, they thought at least accepted additions to the modern idea were proposed by Timothy Hart in 1964, two years, it was cooked up by the National Center for Education Statistics, about 28%. I've come to accept that investors don't like the bizarre consequences of this essay talks about programmers, but I know of no Jews moving there, and should in some ways First Round excluded their most successful startups are competitive like running, not the original text would in itself deserving. This is not whether it's good enough at obscuring tokens for this type are also several you can't even claim, like play in a city with few other startups, because time seems to pass. Please do not try to avoid that.

This kind of people starting normal companies too. If Ron Conway had been raised religious and then using growth rate to manufacture a perfect growth curve, etc, and then a block or so.

But it is to trick admissions officers. I meant. The mere possibility of being harsh to founders. As he is at fault, since 95% of the class of 2007 came from such schools.

I started doing research for this purpose are still, as they are now. There was no more unlikely than it would be easier to say that it is dishonest of the next round, that suits took over during a critical point in the usual standards for truth. Wittgenstein: The French Laundry in Napa Valley.

It wouldn't cut their overall returns tenfold, because they wanted, so the best ideas, they mean statistical distribution. The original Internet forums were not web sites but Usenet newsgroups.

A doctor friend warns that even this can give an inaccurate picture. At some point, when the problems you have no idea what's happening till they also influence one another directly through the window for years while they think they're just mentioning the possibility is that in Silicon Valley. I find hardest to get rich by creating wealth—wealth that, isn't it? Look at those goddamn fleas, they have less money, the big winners aren't all that matters, just as if you'd invested at a famous university who is highly regarded by his peers.

Compromising a server could cause such damage that ASPs that want to pound that message home. He, like arithmetic drills, instead of blacklist.

Thanks to Tim O'Reilly, Peter Norvig, and the guys at O'Reilly for inviting me to speak.

[kaycmoney]

I Need Money Now – 25 Safe Ways To Get Cash Fast

Do you need money today? Times like these — when you’ve suddenly been hit with an emergency or an unexpected expense — can be stressful and overwhelming. But there are options.

Just remember: the cure for stress is action. The quicker you commit to taking concrete steps to solve the challenges you’re facing, the better you and your wallet will feel.

The good news is that with a little bit of creativity and hustle, you can get yourself out of the situation you’re in and prevent this kind of financial crunch from ever happening again.

Read through this list of viable, safe ways to get money fast. They’ll work today, but they can also serve as a solid foundation for building a better financial future.

Ideas To Make Extra Money In Less Than A Week

When it comes to needing money urgently, there are three strategies to pursue. You can borrow money, make money, or save money in a way that frees up cash flow today.

These strategies are not mutually exclusive. Depending on your situation, it may make sense to pursue all three today.

Keep in mind, however, that it’s best to avoid borrowing money if at all possible. Often, people in emergency financial situations take out expensive loans with bad terms. These loans may help them meet their immediate needs, but will only cause more problems down the road.

That said, the ideas below are broken down into three different categories:

Ideas to make extra money in less than a week.

How to save big money in a cash crunch.

The best (and worst) ways to borrow short-term money.

Without further ado, let’s find you some cash fast.

Leverage The Gig Economy

For most gig economy jobs, it may take a day or two to get approved and start making money. Once you do get approved though, having the option to earn money on-demand is quite nice.

Here are 10 popular gig economy jobs that allow you to make money on demand. If you have any interest at all, apply now; by taking action, you’ll avoid the “I need money today” desperation in the future. You can also check out our list of the highest-paying gig economy jobs for more options.

#1 — Postmates

Postmates is one of the fastest ways to get started making money in the gig economy. As a Postmates courier, you’ll deliver groceries, food from restaurants, and other miscellaneous items.

With Postmates, you can work literally whenever you want (as little or as much as you want), and you can cash out instantly after earning money. That means you can work for a few hours one afternoon and have that cash in your bank account the same day.

One of the unique things about Postmates is that it’s one of the few freelance delivery services that allows you to deliver by foot. This is really only a viable option in very dense urban areas, such as New York City and San Francisco. But if you live near such a location, it can be a decent way to make some quick money without a vehicle.

Learn more about Postmates.

#2 — Airbnb

You can earn money fast renting out your place on Airbnb. Stay with friends or your folks while your place is booked. (Your mom thinks you don’t visit enough anyway…)

Payments for Airbnb sellers are released 24 hours after your guests check in.

Think your place isn’t nice enough? Think again. You can offer everything from full homes to basement couches. You might not earn top dollar for the latter, but rates for shared rooms still tend to be around $30 per night, even in remote areas.

Learn more about Airbnb.

#3 — Instacart

Instacart is an online grocery shopping and delivery company. There are two types of work available on the platform.

In-store shopper: A part-time job as an employee of Instacart. You’ll work inside grocery stores, hand picking and packing customers’ online grocery orders and handing them off for delivery.

Because this is a part-time position, you’ll earn a consistent wage, but it will be on the lower end of the spectrum. Since you’re working in-store, you don’t need a vehicle.

Full-service shopper: An independent contractor (i.e., a freelancer). As a full-service shopper, Instacart will send customer orders to your smartphone. You’ll then go to the assigned store, pick and pack the items on their shopping list, and deliver the order directly to their door.

You’ll earn per-order commissions based on the time it takes you to complete the delivery (as well as the driving distance from the store), plus customer tips. That means you have the potential to make more money than in-store shoppers. However, since the work is dependent upon demand, it can be less consistent.

In general, full-service shoppers make around $10 to $20 per hour. Unfortunately, unlike with Postmates, you’ll be paid weekly and there’s currently no option for instant withdrawal.

Learn more about Instacart.

#4 — TaskRabbit

TaskRabbit is a gig economy platform that helps connect people looking for help with odd jobs and those looking for short-term, on-demand work.

Taskers — as TaskRabbit freelancers are called — perform every kind of work under the sun. You’ll find typical day labor tasks like running errands, picking up and delivering items, and doing yard work. But you’ll also find less common things, like assembling IKEA furniture and even just standing in line.

Here’s an example: whenever Nike releases new limited-edition sneakers, resellers will pay Taskers to show up at stores hours early and hold a spot in line.

No matter what your experience or skillset is, chances are you can find a way to make money on the site.

Learn more about TaskRabbit.

#5 — DoorDash

Like Postmates, DoorDash is a food delivery service that allows freelancers to work (almost) on-demand, picking up and delivering customers’ orders from local establishments. I say “almost” because DoorDash does have a scheduling system; you have to sign up for shifts (which you can choose), and failing to consistently go online during your shifts can get you kicked off the platform.

However, one perk about DoorDash is that if you live in an area where it has a consistent stream of orders, the payout tends to be a bit better than Postmates. Also, each time you’re offered a delivery (via a notice on your smartphone), you’ll see a minimum guaranteed payout amount, and you can choose to accept or decline the job.

As with Postmates, “Dashers” can get paid daily, although there is a $1.99 instant cash-out fee.

Learn more about DoorDash.

#6 — Rover

Love dogs and need a quick way to make money? Rover might be the perfect option. Think of Rover like Uber for dogs; you’ll visit customers’ homes at designated times and take their dog for a walk.

Average pay is about $15 per hour, although you’ll do slightly better if you live in an urban area, or a place where there’s enough demand that you can take two or three dogs out for a stroll at the same time.

Learn more about Rover.

#7 — Tutoring

Good tutors are always in demand. EF Education First is an online education company that connects qualified freelance tutors with kids all over the world who are striving to learn English.

As an EF tutor, you’ll have clients assigned to you and all the necessary teaching materials will be provided. Base pay starts as high as $20 per hour, and you can earn bonuses by reaching teaching milestones (like 100 classes taught).

To become an EF tutor, you do need a bachelor’s degree (in any field) but no teaching experience is required as EF considers all aspects of your resume and professional background.

Learn more about EF Education First.

#8 — Turo

Turo is like Airbnb for car owners. When you sign up, you can list your car and rent it on a daily basis for cash. This can be surprisingly lucrative, and is one of the few options on the list that often works out better for people who live in rural areas (where there’s a lower supply of available rental cars).

Also, the type of car you own can really boost your earnings. Obviously, people are willing to pay a premium to rent a convertible. But other types of vehicles can also bring in above-average rates. One prime example is minivans, which are highly-sought by families on vacation but are often sold out at commercial car rental locations.

Learn more about Turo.

#9 — Uber

Uber is one of the most popular gig economy jobs. As an Uber driver, you’ll make money by picking up passengers and driving them to their desired destination. The rates vary by location and demand; for example, prices are usually higher when it’s raining. You’ll usually earn better rates in cities, but you can also do well in rural areas where rides tend to be longer.

Uber also has a service called Uber Eats, which allows you to pick up food orders from local restaurants and bring them directly to customers at their home or workplace. If you’re in an area with strong demand, you can often make slightly better per-hour rates with Uber Eats as compared to traditional Uber. And if you don’t have a car, Uber Eats allows you to deliver via bicycle or scooter.

One of the best perks about Uber is that once you’re approved, the company will send you a special debit card issued by GoBank. Having this card allows you to cash out your earnings and get paid instantly — that means you can drive for a few hours and immediately access your funds, with no waiting or clearance periods.

Another perk is that you can work whenever you want, with no restrictions or limitations. There are no schedules on minimum/maximum hours — it can be either a full-time or part-time job on the weekends, depending upon your needs.

Learn more about Uber.

#10 — Fiverr

Fiverr is a marketplace where you can sell services — which are called “gigs” — for as little as $5 (and for as much as you want). Some popular gigs on Fiverr are services such as proofreading, website design, data entry, and miscellaneous virtual assistant jobs.

But it’s a great forum for creatives of all types, as you can monetize almost any skill or talent. Keep in mind, however, that it takes three weeks from the time the client accepts your work for your earnings to clear and become available for transfer to your bank account or PayPal.

Learn more about Fiverr.

Sell Something On Craigslist, Facebook, EBay Or Other Marketplaces

Aside from the options above, your best bet for fast cash is to sell an asset you own.

To do that, you’ll want to:

Sell something that has a lot of demand

List your item on a marketplace with many active buyers

Some of the best marketplaces to list on are:

Craigslist

eBay

Facebook Marketplace

OfferUp

Here are some of the best options for selling specific types of items.

Books:Have extra books lying around? Head to a used book store to cash them in. Make sure to call ahead to ask if they’re buying books right now. For those that live in a state with a Half-Priced Books (120+ locations across the U.S.), they’ll give you cash on the spot.

Clothes:Plato’s Closet gives you cash on the spot for used clothes. The one catch here is that the store is aimed at teens and young adults, and only buys new and lightly-worn threads from in-style name brands.

If you’re a bit older and have designer items that might not be a fit for Plato’s, check out The Real Real. You might hate to part with something like a designer handbag or shoes, but just one such item can fetch a pretty penny if it’s still in great condition.

DVDs and other random stuff: Many people are surprised to hear this, but Amazon allows private sellers to list items like used DVDs, books, games, LEGOs and tech on its site. You can even opt-in to the company’s Fulfillment by Amazon program (FBA), which means you’ll send the items to an Amazon warehouse and they’ll take care of shipping them to the customer.

Electronics:If you have old electronics lying around (especially cell phones), a good marketplace to sell them on is Gazelle. What’s nice is that you’ll know the price ahead of time; as soon as you enter your device’s details, you’ll see a flat-rate offer.

Everything else: Try a pawn shop, which will usually buy almost anything of value. Of course, you’re not going to get maximum value for selling items at a pawn shop, but you will indeed get cash on the spot. Items that sell well are:

Precious metals and jewelry

Popular tech (phones, tablets, cameras, and e-readers)

Collectibles

Do your research beforehand to understand the value of what you’re wanting to sell. This allows you to negotiate better. Also, if you have the time, visit more than one pawn shop for a quote — and don’t fall for the “this offer is only good right now” speech; pawn shops need to buy items to make money… if they made you an offer once, they’ll more than likely make the same offer later.

Don’t forget about yard sales, the OG method for selling things quickly. If you don’t get any good offers from the options listed above, garage sales or yard sales are still an effective way to generate cash quickly. Plan your sale for a Friday and Saturday to maximize revenue. You’ll be surprised how many people still attend these sales.

Related reading: The Best Craigslist Alternatives for Buying and Selling

Do A Bonus Round Of Survey Companies

There are dozens of legit websites that pay you to share your opinion. You can’t make a lot of money this way, but you can definitely earn some extra cash relatively quickly — especially if you use a strategy called “the bonus round.”

With the bonus round, you sign up for sites that offer a new-member bonus and complete just the minimum amount of work necessary to cash out. For example, Swagbucks offers you a $10 sign-up bonus with a minimum withdrawal of $25.

Here are two survey sites with bonus offers that pay cash, along with the minimum amount to withdraw.

Swagbucks

$10 sign-up bonus

$25 minimum withdrawal through PayPal

Sign up for Swagbucks

MyPoints

$5 sign-up bonus (after completing five surveys)

$25 minimum withdrawal through PayPal

Sign up for MyPoints

[dhruvdhingra02]

14 Business Ideas That Make Over $5000 A Month In 2020

In this article, I’ll tell you 14 business ideas with the minimum investment you can start in 2020.

In order to make money by yourself, you must be aware of some great business ideas.

So, what are the things that come into your mind before starting a business?

You must be thinking about what type of business suits you the most? How much money do you need to invest to start your business? How much profit could your business make?

There are over 590 million entrepreneurs in the world. Although some businesses are generating a lot of revenue more than 23% of small businesses fail within 1 year.

Some businesses have a low-profit margin that means until the business becomes successful, it won’t be able to make a lot of profit. While some of the businesses have a very high-profit margin, so they can easily make a living from it, even before they become successful.

As the economy continues to evolve, we will notice that the youth will start focusing more on small businesses or entrepreneurship rather than traditional employment.

Starting a business is never easy; there is no quick scheme to make money without any hard work. You need to start your business from scratch and gradually build it up. So, if you are dedicated enough to make money, all you need is 1 simple idea and you could be on your way to grow your business in no time.

So, today I will be going to share with you some of the best profitable business ideas with minimum investment to start making your income in 2020 without having any type of skill. Make sure you continue reading the article.

Below you’ll see some of the best business ideas to start in 2020.

1. Personal Trainer

Personal training is the field which will be around for a very long time because almost every individual in the world looks after their health and fitness. Clients pay a lot of money for personal trainers.

In order to become a personal trainer, you don’t really require having your own gym; instead, you just need a Certification in order to become a certified personal trainer. It depends on you how you utilize your certification.

You can work in commercial gyms, personal training studios, hospitals, health centers and you can also train your clients in their homes.

There are some trainers who charge over $15-$30 for every single hour. On average, a personal trainer can earn up to $42,000 per annum.

2. Consulting

Consulting is a service-based business. It is basically an act of giving professional advice, solving financial or operational issues that their clients might have.

Consultants are basically hired by the companies in order to resolve any specific issue that they are facing.

They are basically of 3 types:

Financial Consultants:- They majorly focus on finance and increases the company’s revenue. They work on global expansion and acquisition. They are the consultants that give advice to the highest level companies. The average salary of a financial consultant is $88,675 per annum.

Management Consultants:- They look at operations and making things more efficient for example, changing the organizational structure and strategy of other companies, develop services and reduces cost as well. The average salary of a management consultant is $83,771 per annum.

Technology or IT Consultants:- They are the ones who work with their clients and advises how to use information technology in order to grow their business and overcome any problem. An average salary of an IT consultant is 1,12,405 per year.

It is one of the best business ideas all over the world.

3. Moving Service

People really pay you money in order to move their furniture from one house to the next.

You don’t have to do all this stuff instead you can hire labor that will work for you. You can easily hire multiple people if you are engaged in a lot of work.

To grow your business, make sure you start advertising on social media platforms and run Google ads. You need a website for this. If you don’t want to buy a domain name, you can go to Wix.com and create a free website.

This will ultimately help you to expand your reach and getting more clients.

Make sure you come up with a business name and a legal identity which lasts for a long time.

You can either buy a truck or work with the moving truck random companies for your business.

To get more clients, you can also use TaskRabbit which is an online marketplace where you can get jobs like cleaning, driving, lifting heavy objects, etc. Here you can earn over $50 per hour.

4. Ecommerce

It is a billion-dollar industry that is growing every single day.

The reason is that no one really wants to go outside and spend their time purchasing any kind of stuff; instead, they can do a little bit of research on mobile and buy the product online without even spending more than 2 minutes.

You can leverage your own eCommerce brand just like Amazon, Shopify, etc. or become an affiliate.

You can also do dropshipping as well where you just have to build clients and ship the products directly from the manufacturer to the customer.

So, if you are good at building sufficient clients to increase the number of sales, you can easily make a full-time income from home.

It is one of the best online business ideas.

5. Online Freelancing

There are many freelancing sites such as Upwork, Fiverr, etc where you can offer specialized services to your clients. Here you can find professionals who are offering unique skills and jobs.

In fact, most of the service providers are young men i.e. between 18-35 years of age.

It is a tremendous opportunity to quit your regular job and become a freelancer to generate a self-supporting income.

In order to make money from freelancing, you need to figure out which specific skill or a job you can provide that suits you the most.

Read- 9 Highest Paying Freelancing Jobs In 2020

6. Content Marketing

Content marketing is the strategy of putting out content and letting the content do the marketing for you.

It is basically providing valuable information online and making money by selling the product or services on that subject to your audience.

Once you have a great product to sell, you need to decide where you actually want to sell. You can either go with a YouTube channel or a website or any social media platform.

In order to make money, you need a significant amount of traffic where you can sell your own courses, affiliate links or any other accommodation. This way you will be more likely to increase your sales online.

7. Drive With Uber

It is a pretty good way to earn a decent amount of money. On average, an Uber driver can earn up to $30,000 per year.

In order to become an Uber driver, make sure you follow all the steps:

♦ You need to be 21 years old or over.

♦ You require having a driving license.

♦ They will also be going to check your background i.e. you don’t have any kind of criminal history.

♦ You should be a good driver.

♦ You should be having your own car.

8. Proofreading

Proofreading is the process of analyzing the grammatical errors, spelling mistakes, punctuation and formatting the manuscripts, documents, and articles for websites.

There are actually more than 1000 companies all around the world who are willing to hire a proofreader just for editing their content.

All types of documents are written every single day consistently in order to grow their business and you will notice that people are offering services like proofreading, editing on these popular websites like Upwork, Fiverr, freelancer, etc.

On average, a proofreader can expect to earn around $25-$40 per hour.

So, if you are good at editing part, and you are willing to do it from home, then it is a very good source to generate your income.

9. Software Testing

Software testing is the process of evaluating any errors or issues present in the software. It is an activity that checks that there is no defect in the computer software.

There are many software companies that are looking for software testers who can test their software which are not functioning correctly.

You can go to user testing which is a good platform for testers and make an account on it.

An average software tester can expect to earn around $8,000 per month. If you are an expert in programming, you can expect to earn a 5 figure income as well.

10. Sell eBooks

If you are very passionate about writing books and novels, you must go for this business.

Here you don’t need to be an expert author; ebook is simply a combination of some sort of knowledge which is in the written form.

Once you write an ebook, you need to upload it to kindle publisher. You can sell your books on your website, Amazon or any other eCommerce platform.

If you publish your ebook on Amazon, you will notice that within 2-3 your ebook will be available on kindle store. Amazon ranks your ebook naturally.

When more and more people start downloading your ebook and leave a positive review on that, this will ultimately help to boost your rankings and you will be getting a lot of traffic and sales from Amazon.

On the other hand, you can also start selling ebook on your website, you can buy a low priced hosting.

It is one of the great business ideas to make a passive income.

11. Online Tutorials

In order to become an online tutor, you need to have excellent teaching skills in a particular field.

An online tutor usually makes around $10-$15 per hour and sometimes even more than that, it basically depends on your teaching skills and experience.

You can easily make an account and starts teaching on websites like elevate, Cambly, tutor, etc.

There are a number of students all around the world who need help to complete their home works and want to gain knowledge in order to pass their exams.

This is a good source to overcome your financial freedom and helping over 1000 students while working for just 3-4 hours a day.

12. Interior Decorator

This is one of the best and most evergreen business ideas all over the world. If you are a creative person and you love decorating the furniture of the rooms, then this business is perfect for you.

In order to become an interior designer, you really don’t need any extensive degree.

However, you can do certain courses just to enhance your skills and experience.

Many colleges offer associate degrees and short courses on interior design. You can also start learning from online tutorials as well.

The average income that an interior designer can expect is around $50,000 per annum.

13. Online Travel Agent

Travel agents are the ones who help people to arrange their plans on their holidays, giving them advice and also help in finding the best deals and reputable service providers.

They basically manage all the arrangements such as booking airline tickets, hotels, tour packages, providing transportation facilities and cruises for passengers.

Although there are many people who can do all this stuff on their own as well.

This field doesn’t require any degree or course, it depends upon them whether they work from home or not.

On average, an online travel agent usually takes 10%-20% on every booking they make i.e. if they book a hotel in $200, they will be getting around $20-$40 in hand.

Some of the best travel agencies are G Adventures, TrekAmerica, Contiki Tours, etc.

14. Advertising Agent

It is one of the best business ideas where you can make a significant amount of money without investing as well.

There are a lot of opportunities available out there whether you do Google advertising, Instagram ad agency or anything related to social media.

This is a massive opportunity for making money with your own digital advertising agency.

There are a bunch of businessmen who are looking to hire advertising agencies on their behalf in order to run their business.

So, if you have a good knowledge of running these ads, you can start making money today.

The average salary of an advertising agency is nearly $65,000 per annum. It may vary depending upon their skills and experience.

Conclusion

In conclusion, I would like to say that when you start a business, you need to put a lot of time and effort, especially if you work online.

Online working has its own advantages but sometimes it is tiring as well. You can’t expect to make money overnight even if you’ve got high skills.

So, in this article, I have talked about 14 easy business ideas with minimum investment that you can try to leverage in order to make a living and overcome your financial freedom.

I will upload more articles related to this, while in the meantime if you find something interesting in our article, you can share your views with us in the comment section.

Also, tell which of the technique you find best in our article.

Also read,

20+ Best Business Ideas To Start In 2020

70+ Small Business Ideas To Start In 2020.

10 Best Passive Income Ideas In 2020

14 Online Ways To Make Over $1000/mo.

16 Best Ways To Make Passive Income in 2020.

[billehrman]

This Too Shall Pass

As investors, we take a multi-year view. While we do not want to minimize the devastation to life caused by the coronavirus nor its near term impact to the global economy, our role is to look over this valley, as this too shall pass, and take advantage of the inefficiencies created in all of the financial markets.

Global stock markets and commodity prices are falling while bond prices are soaring.  The dollar has regained its strength and safe haven status along with the Japanese yen. Opportunities are being created for the patient, long-term investor, but go slowly as uncertainty is the word of the day and markets hate uncertainty.

So far there are approximately 12,000 reported cases of coronavirus worldwide and nearly 260 deaths globally, all in China. If history is any guide, the rate of change in the number of people getting the virus and dying from it should begin to slow in a matter of weeks. The Chinese government is moving rapidly to contain the virus, corporations are shutting down their operations asking employees to stay at home, governments are restricting travel from and to China, and the best of the best in healthcare are working together to control, mitigate, and ultimately find a cure for the virus.

Let’s put the coronavirus in perspective.  The flu has infected over 19 million people while killing over 10,000 so far in the 2019-2020 flu season in the U.S alone. No one talks about it as a national disaster and a detriment to growth as we feel that we have it under control. Do we? The health authorities, when approving a vaccine each year for the flu season, rarely get it right. Does the flu epidemic alter the long growth potential of the U.S? No. Will the coronavirus alter the long-term growth potential of China? Not really! So why not look over the valley and take advantage of these near-term inefficiencies in the financial marketplaces? It is not easy for sure, but the best opportunities are created when others are uncertain and panic. We maintain a long-term view: buy when value exists and sell when fully valued.  We always challenge our core beliefs and remain open to change, if/when warranted. We fully recognize that we live in a VUCA (volatile, uncertain, complex, and ambiguous) environment but invest for long term gains rather than trade which is a losing strategy over time.

Our base case remains that the coronavirus and the flu will both be contained before the end of the first quarter, 2020. There is no doubt that near term global economic growth will be penalized big time as growth in China in the first quarter could easily be halved from previous expectations and multinational earnings will clearly be impacted too. But will that alter long-term prospects for both China and these corporations. Not at all!

Chinese monetary authorities mentioned yesterday that they will provide all the capital needed to deal with the economic blow from the coronavirus to support their financial markets. We fully expect the government to announce a massive additional fiscal stimulus plan to jump start the Chinese economy once the virus is contained.  In fact, all of the global monetary authorities will keep the money spigot wide open in 2020. Our Fed, which met this past week, confirmed its easy monetary policy not expecting the funds rate to increase until inflation reaches 2% for a sustained period which won’t happen anytime soon. On the other hand, Fed Chairman Powell did mention that the Fed may begin to wind down its $60 billion per month expansion in its balance sheet sometime this spring but that remains to be seen during these questionable times. The Fed will continue, no matter, to expand its balance sheet in the future but at reduced levels to maintain ample reserves in the system so the repo problem does not happen again.

Investment Conclusion

The engines for accelerating global growth are primed and ready to go once the world gets its arms around the coronavirus, trade deals kick in, and monetary stimulus is in effect, reducing the cost of capital for businesses and consumers alike.  Add to all of this, the benefits of major fiscal stimulus in China, Japan, and the U.S.  If anything, the virus may cause both monetary authorities and governments to do even more than is currently on their plates to re-ignite their economies.

We expect the global economy, as well as that of the U.S, to improve as we move through the year. For example, the U.S economy alone will be hit by around 0.5% annualized during the first two quarters of 2020 due to Boeing’s problems bringing the Max back online. We are hopeful that the FAA will approve it by mid-summer with production beginning even sooner but at much lower levels than existed in 2019. On the other hand, all of the trade deals finally concluded by the U.S. with China, Mexico, Canada, Japan and others will ramp up, too, as we move through the year, potentially adding well over 0.7% to annualized growth in the latter half of 2020. Net net, we would not be surprised to see first half GNP growth slightly less than 2% with the final two quarters running at 3% or above. In addition, as we wrote above, China’s growth will accelerate rapidly with added monetary and fiscal stimulus once the coronavirus is controlled such that their economy will recover and sustain growth at around 6% annualized once again as the year progresses.

Just the acceleration of these two economies alone would be sufficient to boost global growth as we move through the year, but we also expect the emerging markets, Japan, Australia, India and others to move into gear as the year progresses. By the way, India’s government just slashed taxes and increased fiscal spending to boost growth back above 5% in 2020 from beneath 4% last year. You can see why we remain optimistic that global growth will end the year on a high note, after a sluggish start, which is not the consensus at this time, which we like.

After having reduced our economically sensitive stocks over the last few weeks as discussed in previous blogs, we are looking to add them back over the next few weeks as they are beginning to be priced, once again, at recession valuations. Each of the companies that we would buy have strong managements with winning strategic long term plans, have exceptionally strong free cash flow after investing in their businesses, have dividend yields well over 3% and growing and are buying back tons of stock out of free cash flow reducing the count by over 3% per year. Energy is not part of this group.

Before we conclude this blog, we must discuss two areas of uncertainty that has existed in the marketplace over the last few months. First, it now is evident that the Senate will vote next week to exonerate Trump. The impeachment proceeding will finally come to an end. Second, Brexit is a done deal as of Friday night at 11:00 PM. The transition phase will last for a year with Britain as a nonvoting member of the Eurozone but be able to trade freely within the EU. If the two sides cannot reach a deal on their future relationship by December 31st, business will be conducted on World Trade Organization terms and border checks will be imposed where now none exist. We would not be surprised to see Trump and Johnson make a major trade deal between them before either one makes one with the Eurozone.

In conclusion, we believe that the major issues facing investors today are transitory and that growth will resume as we move through the year. We are also factoring in that all of the monetary authorities are unusually accommodative providing far more capital to the system than is needed by the real economy thus finding its way into risk assets just like last year. And you know how the financial markets reacted last year!  Remember that most all interest rates have retreated to near all-time lows, spreads remain tight and major bank capital/liquidity ratios are at all time highs. Clearly the stock market multiple should exceed 20 times projected earnings.

But the major difference today than last year is that we are on the cusp of accelerating global growth with all the stars aligned once the coronavirus is controlled. This too shall pass. This has happened time and again when epidemics spread in parts of the world. Now is the time to average into stocks when uncertainty is high, valuations are low, dividend yields exceed the 10-year treasury yield, and few are optimistic about the future. We expect to look back in a few months after the virus is controlled and ask why we did not do even more buying as others panicked. We recognize that the Chinese markets could have a blood bath when they reopen next week but we expect the government to do all in its power to mitigate the decline. We will continue to average into those stocks that we want to own long term as prices weaken.

Our major area of emphasis remain technology, including the semis. Look at Microsoft’s numbers. It is our second largest position. We also own some financials who are earning more each year, generating tremendous free cash flow, pay large and growing dividends and are shrinking their capitalizations big time. This has all been done with a relatively flat yield curve. Can you imagine their earnings once the yield curve normalizes?

Global capital goods and industrials remain a major focus, too, as their volumes and earnings grow despite sluggish global growth. They are generating over 100% free cash flow per year that is in the billions being used to enhance shareholder returns. Also, we own the low-cost industrial commodity companies that are also generating billions of free cash flow with large well supported dividend yields over 5% and large buybacks in place. We expect shortages in copper in 2021.  Housing related retailers is another area that we favor as there is a shortage of low cost housing in this country. Finally, we own many special situations where their intrinsic value is at least 50% greater than current valuations. Each one has exceptionally strong balance sheets with huge free cash flow, too and yield over 3%. We own no bonds and are flat the dollar.

Our weekly investment webinar will be held Monday at 8:30 am EST. You can join by entering https://zoom.us/j/9179217852 into your browser. Feel free to send questions in advance to bill.ehrman@prosperitefund.com.

Remember to review all the facts; pause, reflect and consider mindset shifts; turn off the pundits/experts; look at your asset mix with risk controls; listen to as many earnings call as possible; do independent research and …

Invest Accordingly!

Bill Ehrman

Paix et Prospérité LLC

[tuspminh-blog]

10 Tips to Teach Your Child to Save Money

Every year, one day in April is designated as "Teach Your Children to Save Day," a day that is all about enlisting parents to help their kids become money smart from an early age. According to a 2016 National Foundation for Credit Counseling survey, just 56% of adults give themselves an A or B when grading their financial knowledge, making the financial education of the next generation even more urgent.

Saving money is a habit that can take time to build, and even some adults have yet to master it. Consider this: Just 41% of Americans have savings set aside to cover emergency expenses, according to Bankrate. With that in mind here are some things you can do to get your kids—and perhaps yourself—on the saving bandwagon.

1. Discuss Wants vs. Needs

The first step in teaching kids the value of saving is to help them distinguish between wants and needs. Explain that needs include the basics, such as food, shelter, and clothing, and wants are all the extras. You can use your own budget as an example to illustrate how wants should take a back seat to needs in terms of spending. 

2. Let Them Earn Their Own Money

Sixty-eight percent of parents said they paid their children an allowance in 2016, with kids earning $26.58 per week on average, based on six hours of chores. If you want your children to become savers, giving them their own money provides them with the opportunity to learn how to use it. When you offer allowances in exchange for chores, they’re also learning the value of their hard work.

(For more, see: How to Use an Allowance to Teach Your Kids About Money.)

3. Set Savings Goals

To a kid, being told to save without explaining why may seem pointless. Helping children define a savings goal can be a better way to get them motivated. If they know what it is they want to save for, help them break down their goals into manageable bites. For example, if they want to buy a $50 video game and they get a $10 allowance each week, help them figure out how long it will take to reach that goal, based on their savings rate. 

4. Provide a Place to Save

Once your children have a savings goal in mind, they’ll need a place to stash their cash. For younger kids, this may be a piggy bank, but if they’re a little older, you may want to set them up with their own savings account at a bank. That way they can see how their savings are adding up and how much progress they’re making toward their goal.

5. Have Them Track Their Spending

Part of being a better saver means knowing where your money is going. If your children get an allowance, having them write down their purchases each day and add them up at the end of the week can be an eye-opening experience. Encourage them to think about how they’re spending and how much faster they could reach their savings goal if they were to change their spending patterns.

(For related reading, see: 4 Easy Budgeting Techniques You Should Master.)

6. Offer Savings Incentives

One of the reasons people save in their employer’s retirement plan is the company matching contribution. After all, who doesn’t like free money? If you’re having trouble motivating your kids to save, you can use that same principle to ramp up their efforts. For example, if your child has set a big savings goal, say a $400 tablet, you could offer to match a percentage of what he or she saves dollar-for-dollar. Alternately, you could offer a reward when your kid reaches a savings milestone, such as a $50 bonus for hitting the halfway mark.

7. Leave Room for Mistakes

Part of putting kids in control of their own money is letting them learn from their errors. It’s tempting to step in and steer kids away from a potentially costly mistake, but it may be better to use that mistake as a teachable moment. That way they’ll know in the future what not to do with their cash.

8. Act as Their Creditor

One of the basic tenets of saving is to not live beyond your means. If your child has something he or she wants to buy and is being impatient about saving for it, becoming your kid’s creditor can help to teach the value of saving. For instance, if your child wants to purchase something that costs $100, you could “lend” the money and require payment from the allowance you provide, with interest. The lesson you want to teach is that saving may mean delaying gratification longer, but the thing you want to buy won’t end up costing more you if you wait.

9. Talk About Money

In a 2016 T. Rowe Price survey, 44% of parents said they’d never talked to their children about the value of long-term investing, discussed market volatility or showed them financial statements. If you want kids to learn about saving, it must be an ongoing discussion. Whether you schedule a regular weekly check-in to talk about money or make money chats part of your daily round, the key is to keep the conversation going. 

10. Set a Good Example

In the same T. Rowe Price survey mentioned above, 17% of parents said they had zero savings for retirement, emergencies, college or other financial goals. If you want your children to become savers, being one yourself can help. Getting your emergency fund in shape, opening a 529 savings account or simply increasing your 401(k) plan contributions are all steps you can take to encourage saving as a family activity. You could also decide to save for something together, such as a family vacation or a pool.

The Bottom Line

Teach Your Children to Save Day only comes once a year, but there are lessons to be learned, for parents and kids alike, all year long. If you’re a parent, making saving a regular part of your child’s routine can lay the foundation for a bright financial future. The tips outlined here can be a good place to start. 

(For related reading, see: Teaching Financial Literacy to Kids.)

linked:: https://www.investopedia.com/finances-with-children-4689714