A Simple Get Rich Quick Idea
- Author Martin Thomas
- Published November 10, 2005
- Word count 855
In the immortal words of Emmerson, "all I need is one idea"
Overnight wealth has a certain stigma that "sensible" people
seem to be resistant to. The idea of the get rich quick variety
is an object of ridicule and derision in alot of peoples eyes.
However, with a little focused action and the right knowledge,
rapid wealth is not only possible for you, but inevitable for
the determined.
The first thing I want to do is qualify the above by saying
"quick" means several years not overnight. Sure, you could
write a hit song or contemporary book but these have alot to do
with chance. People with determination generally don't like
chance because control is a solid aspect of wealth generation.
Anyone can have an idea. By that I mean virtually any idea can
become workable unless its just totally "out there" What
matters is that you act. But more then that, before you act,
you must know how to make it work. Thats really what most
people with a good idea lack.
So knowledge again is where the central workability comes from.
So let me give you some knowledge right now. The knowledge of
the wealthy. There are many ways to get rich very rapidly but I
offer you an example below and some insights about what the
wealthy know and have known for centuries.
Arbitrage is a concept that you should learn more about. Its a
word that circulates in financial circles and is therefore
obscured to the average person as just some odd french word
that the stock market people use.
The truth is that arbitrage is the single biggest idea about
wealth that you should understand. Doing an arbitrage deal is
literally this........If I offered you 70 cents for your crisp
clean dollar note would you take the deal? What if you had
$100,000 and I had $75,000 and I said look, let me deposit this
money into your account in exchange for your money? Straight
swap. How would you feel about that?
Well I imagine you'd say no. I wouldn't blame you, its hardly a
fair deal. Arbitraguers do this all day long. But this is the
difference.
We deal in value and perceptions not numerical currency like
cash. Or we deal wholesale and sell retail. There are hundreds
of ways that I can swap my 70 cents for somebody elses dollar.
The wealthy have practiced arbitrage for as long as currency
existed because arbitrage is the secret road to wealth. A
secret that will never be openly talked about because it is so
tightly held. My little contribution here will do nothing to
change that balance, but consider yourself fortunate to learn
about this and maybe it will spurr you on to a new life.
Here is a real world example of arbitrage that I practiced many
years ago, when I was starting out broke, dejected, but hopeful.
It wasnt long ago but seems like centuries ago. Its pre-history
now. One form of arbitrage is the concept of economies of scale.
This arbitrage strategy relies on a single fact. An irrefutable
reality about fiscal life on the planet earth. Here it is. When
you buy something (of anything) in bulk, you are entitled to and
more often then not get a very large discount on your purchase.
When this bulk amount is "split up" and re-sold in traditional
more popular chunks, your investment will return a decent
profit.
So here is a get rich quick idea. One you can use right now to
establish an income stream to replace your daily job. It can be
reproduced and systemized to manufacture a very healthy income
indeed.
When you look at newspaper and local journal price lists, you
will notice they are very yielding to this concept of economies
of scale. Simply a small ad may cost $140 for example. But buy a
full page and you only pay say $900. Why? because its less work
for the publication. Well my idea was to start a weekly page
called "Martins Market" I approached 200 business owners face
to face and told them they can get a small ad in my one page
spread "Martins Market" for just $90 a full $50 cheaper then if
they bought their ad from the paper directly. Do you think this
offer interested a good percentage of the business owners I
approached? You bet! Not only that, but they got a further
discount if they paid up 6 months in advance.
I could fit 40 ads of that size onto my page. Being filled up,
I made $3600 every week for an outlay of $900 for the page. I
added value with nice graphics and the page got quite well
recieved as my clients reported good returns from their ads.
This was reproduced 20 times around the country, with 2 sales
staff for every "Martins Market" I was netting close to $20,000
per week for a fairly lengthy period.
You will need a few dollars to try this, but its inevitable
that if you do your research properly you can make this work
and get exactly the same results.
My very best to you
Martin Thomas CEO opportunity investor.com
Martin Thomas is a professional investor. He
is CEO of http://www.Opportunity-Investor.com a resource for
the many already achieving high compounding returns. (Yes,
Haydens book is available there)If you would like to learn how
to start with very little and build your own money machine
visit the site.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- 3 Great Passive Income Ideas for New Moms and Dads in 2024
- Avrex IO Redefines Real Estate Investment with Innovative Tokenized Ownership Approach
- Panama City's Real Estate Market: Top Neighborhoods for Investment
- Investing in a Condo or Villa in Pattaya, Thailand
- Tabania Group Rings in the New Year with a Powerhouse of Financial Services, Unveiling a Comprehensive Suite for the Digital Age
- To What Extent Has Economic Growth Improved Quality of Life?
- How to Manifest Wealth in Your Life
- Unlocking the Potential: Making Money Online with Your Phone”
- Blue economy of the world
- This Financial “FORMula” Will Help You Plan Around What Matters Most
- Losing a Parent: A Checklist and Timeline of the Financial Aspects to Address
- How to Avoid Lifestyle Creep: Try this 50/50 Rule for Saving & Spending
- (Money) Date Night: Why You Need One and 5 Topics to Discuss
- Private Placement Life Insurance (PPLI) in Offshore Trust More Useful Than Ever
- Indexed Insurance Policies Hedge against Inflation
- Should You Invest Abroad? A Complete Guide to Buying Investment Properties in Thailand
- What Are Your Retirement Planning Options?
- Daily Income Opportunity With U-Farm
- Building a Comfortable Retirement: Tips and Strategies for Investing in Your Future.
- Revocable Living Dynasty Trust (RLDT)
- Key Retirement & Estate Planning Tools
- Captive Insurance -- Details
- INDEXED UNIVERSAL LIFE INSURANCE (IUL) ADAPTS TO INFLATION AND HIGH INTEREST RATES
- GRANTOR ACCESS TO IRREVOCABLE TRUSTS -- EASE THE STRESS OF COMPLETED GIFTS
- CASH BALANCE PLUS PLAN
- Tax-Free Income Making More Sense in Global Financial Crisis
- Dynasty Trusts Guard Personal Autonomy in Hierarchic Society
- Captive Insurance Company, CIC -- Reduce Taxes and Build Wealth
- What is an RESP?
- Private Placement Life Insurance, PPLI