How’d You Like an Extra $30K in Your Pocket Next Quarter?
Archives: Daily Issues
Issue #2541
- WEALTHY: Now that gas is $2 a gallon… (Rick Pendergraft)
- HEALTHY: A natural remedy for a sore throat (Suzanne Richardson)
- WISE: Helen Gurley Brown on having money
ALSO IN THIS ISSUE:
- A business opportunity with high profit potential (Paul Lawrence)
- Rudolph, holiday karaoke, and Christmas memories (MaryEllen Tribby)
- It’s Fun to Know… why Xmas = Christmas
- Add “equanimity” to your vocabulary
== Highly Recommended ==
A Former Blueblood Elitist Switches Sides – and Reveals All
I’m about to reveal a startling secret to you.
My doing this is going to really anger a lot of people.
These people are angry because they don’t think that you are the right “kind” to have this information.
You see, the people I’m talking about are what I call “blueblood elitists.” They are the Wall Street insiders who make truckloads of cash no matter what the market is doing.
I used to be one of them.
But, with all of the crazy things that are happening in the markets now… hard working people… with retirement funds… families… and kids to send to college… watching their dreams vaporize… I decided I couldn’t keep quiet any longer!
I’ve switched sides and I’m revealing it all. I’m going to let you in on the secrets that will allow you to make a fortune…no matter which way the market is going.
I can only allow a limited number of people into my inner circle. If you are ready to stop being on the outside looking in, get the full story now.
Falling Gas Prices to Fuel Economic Rebound
This past May, I wrote an article for ETR detailing how much money was being taken from the economy by $4 gas. Now that gas has dropped back to $2 a gallon (and even less in some places), could this spur an economic recovery?
Let’s look at the math from that May article.
According to the Bureau of Transportation statistics, there were 135,399,945 licensed automobiles in the United States as of 2003. If the average driver burns 50 gallons of gas per month, this means 6.8 billion gallons are being consumed each month in this country.
When gas was at $4 a gallon, Americans were spending over $27 billion on gas per month. Now, with gas back down to $2 a gallon, that amount drops in half – to $13.5 billion spent on gas each month.
Thanks to the sharp drop in gas prices, $13.5 billion per month have been freed up for Americans to spend on things other than gas. This amounts to $162 billion per year.
With expectations for the holiday shopping season so low, the dramatic drop in gas prices could be the piece of good news the market has been waiting for.
[Ed. Note: You may want to be cautious with your investments right now... but you have to be ready to take action when the moment strikes. There are going to be some incredible opportunities out there, and market analyst Rick Pendergraft has put together an educational program that lays out the simple steps you need to take advantage of them. Not only do you get three months of Rick's best recommendations, you also learn how to make good investment choices yourself. Get the details here.]
“Money, if it does not bring you happiness, will at least help you be miserable in comfort.”
Helen Gurley Brown
How’d You Like an Extra $30K in Your Pocket?
I had some good news yesterday. The latest product I licensed to a marketing company has brought in about $250,000… so far. So from this one product alone, I will be receiving a royalty that will net me at least a $25,000 profit for the year, although it will probably be more.
Plus, I’ll be getting royalties of between $5,000 and $10,000 from two other products that I licensed in 2008. Which means my total profit for the year from products I’ve licensed to other companies will likely be between $35,000 and $45,000.
The most amazing part of this is that – other than keeping track of what I’m owed – I won’t have to do much more than cash the checks.
I’m not telling you this to boast. I just want to give you an idea of how good this little side business is. And it works for a wide variety of products. (My current deals vary from an educational investment product to a natural health supplement.)
The essentials of the business are fairly simple. You either create your own products or acquire the rights to market other people’s products – products that you believe will appeal to a significant number of prospective customers. Then you approach marketing companies that have more resources than you do, and you sell them the rights to market those products.
This isn’t the first time I’ve talked about this business in ETR – but I’ve focused more on how to acquire the rights to the products. Today, I’m going to show you how to find companies to market the products for you.
While it’s certainly possible to make licensing deals with major marketers, I’ve found that it’s much easier to work with smaller direct-marketing companies. Though these companies employ only a few people (because they outsource so much of their work), many of them bring in millions of dollars every year.
That’s the kind of marketer you want. They’re extremely good at what they do – but, because of their small size, it’s easy to get to the person in charge of making decisions. As a result, you can make deals quickly, without being put through a lot of bureaucratic red tape.
How do you find these companies?
The best source I know of is list brokers.
You see, most direct-marketing companies have relationships with list brokers. That’s because they need “names” to market to. And though they may have a house list (names of their own customers), they also need to rent names from other list owners. The list broker is the middleman.
The list broker is very familiar with her clients. In order to be able to recommend appropriate lists to them, she has to know what kind of products they market and how successfully they do it. So if you contact a broker who has a fairly large client base, there’s an excellent chance she’ll be able to connect you with companies that might be interested in your products. (Naturally, you’ll have to compensate her for doing this. But if it leads to a deal, it will be well worth it.)
Here’s how to use list brokers to help you find direct-marketing companies to license your products to:
1. Get names and contact information for list brokers from trade organizations and industry publications. The Direct Marketing Association (DMA), for example, has a long list of members who are list brokers.
2. Before you start contacting the brokers, prepare a phone or written presentation that you will use to explain to them (a) what your product is, and (b) that you are interested in licensing the rights to a direct-marketing company.
3. Put together another presentation that the brokers can use to pitch the licensing opportunity to direct-marketing companies that show an interest in your proposal. You will submit this to the brokers, who will then forward it to the companies.
4. Once a broker has found a direct-marketer that is interested in your product, you’ll sign a licensing deal with that company.
[Ed. Note: Acquiring and then marketing the rights to products is a little-known way to make a lot of extra money. Paul Lawrence reveals his detailed strategies for this side business in his "Getting Rich With Rights" program. Get the details here.
For more business opportunities with high profit potential, sign up for ETR's Profit Center Dispatch. You'll get weekly "profit alerts" with specific, proven ideas. Learn more here.]
Your Personal Bail Out Plan
Seven years ago, Wall Street let Brian Edmondson down.
He’d done what he was supposed to. Earned good grades in college… worked hard at an apprenticeship for low pay… put in outrageous hours. But then Merrill fired him in a 1,000 person downsizing. He lost it all and ended up bankrupt.
That was when he discovered something different.
Today, as an Internet Marketer, Brian works from home and went from bankruptcy to having a new car, a new house and a high six-figure income (and he’s on track for seven figures next year!).
Has Wall Street let YOU down lately as well? Maybe they haven’t “fired you,” but I’ll bet you’re feeling a lot of pain regardless.
If so, maybe you can take a cue from the personal Internet Marketing “bailout plan” Brian built for himself.
No Need for Lozenges
I hate licorice. So when my mother put a steaming mug of tea in front of me that smelled horribly of the stuff, I wrinkled my nose.
“Drink up,” she said. “It’ll make your throat feel better.”
Traveling to Montana to visit my folks, I’d picked up a bad cold – complete with a raging sore throat.
Dutiful daughter that I am, I drank the tea. And after a few sips, my throat felt better. After I’d finished two mugs, it was like I had no sore throat at all.
What is in this? I wondered.
My nose didn’t mislead me. Turns out the tea’s primary ingredient is organic licorice root. The National Institutes of Health (NIH) website concurs that this is commonly used to soothe sore throats.
But that’s not all licorice root can do. According to Dr. Ray Sahelian (www.RaySahelian.com) , an expert in supplements, “Licorice has compounds that can enhance the immune system, provide antioxidant support, support healthy levels of cholesterol, and thin the blood.” He cautions that large amounts of the herb can elevate blood pressure.
If you get a cold this winter, forget sugar-filled lozenges. Instead, try a licorice root brew to ease your symptoms. The tea that worked so quickly for me is called “Organic Throat Coat” by Traditional Medicinals. But if you type “licorice root tea” into Google, you’ll get plenty of other options.
[Ed. Note: If you look around, you can find lots of all-natural methods for staying healthy. Now, you can access the latest breakthroughs in weight-loss programs, healthful recipes, and other ideas for achieving optimal health - all from one of the largest integrative-medicine practices in the country. Learn more here.]
10 Little Things I Love About the Holidays
By MaryEllen Tribby, ETR Publisher and CEO
- Watching “Rudolph the Red-Nosed Reindeer” for the thousandth time and still hoping the other reindeer won’t make fun of him
- Buying our Christmas tree while wearing shorts and T-shirts
- Rock star versions of classic Christmas songs, especially anything Bono
- The smell of a fireplace on “chilly” evenings in South Florida (You know… when it gets all the way down below 68 degrees.)
- Toasting the New Year with colleagues that I usually just talk business with
- Knowing baseball season is only four months away
- Looking at photos of the kids’ first Christmases with my husband
- Listening to Mikaela’s holiday karaoke
- Going to school with Connor for his holiday feast
- Delanie suggesting that we adopt “the little drummer boy”
[Ed. Note: What's your favorite thing about the holiday season? Let us know right here.]
It’s Fun to Know: Why Xmas = Christmas
Some folks believe that the use of “Xmas” in place of “Christmas” is disrespectful – or even a deliberate attempt to secularize the holiday. But this abbreviation is nothing new. It’s been used since ancient times, with written references going back at least a thousand years.
So why the X?
The Greek word for Christ starts with the letter “chi,” which is represented by an X in the Greek alphabet. In early manuscripts of the New Testament, Christ’s name was often abbreviated as X. And in the Middle Ages, “Xian” and “Xianity” were used to shorten Christian and Christianity.
(Source: Snopes)
== Highly Recommended ==
Fire Your Boss and Retire This Year Making Six Figures
Let me show you how to quickly start your own profit-generating business and enjoy life like never before because you are finally out of the rat race once and for all. Sooner than you think, you can have a business that has the greatest upside profit-potential, one that’s easy and enjoyable to operate and can be run from anywhere in the world…
If you’re looking for a new break and the opportunity of a lifetime, jump on this now.
Word to the Wise: Equanimity
“Equanimity” (ee-kwuh-NIM-uh-tee) – from the Latin for “even-tempered” – is a state of calmness and composure.
Example (as used by Phillip Lopate in Totally, Tenderly, Tragically): “When one is happy, one can look at both comedy and tragedy with equanimity.”
[Ed. Note: Become a more persuasive writer and speaker ... build your self-confidence and intellect ... increase your attractiveness to others ... just by spending 10 VERY enjoyable minutes a day with ETR's new Words to the Wise CD Library.]
Copyright ETR, LLC, 2008
Comments