Making $10,000 in a Weekend With One Fun and Easy Venture
Archives: Daily Issues
Issue #2496
- WEALTHY: Tremendous upside potential in this "green" company (Christian Hill)
- HEALTHY: Anthrax poisoning, lymphoma, or strep throat? (Jason Holland)
- WISE: C.J. Walker on opportunity
ALSO IN THIS ISSUE:
- 4 easy-to-follow steps to making money with videos (Paul Lawrence)
- Commonly confused words – and how to get them right (Don Hauptman)
- It’s Good to Know… about young adults and the voting process
- Add "embonpoint" to your vocabulary
== Highly Recommended ==
The Truly Wealthy “Fish” in a Different “Lake”
These days, it seems everyone is out to make a quick buck. But they are all fishing in the same pond, so to speak. The real money is in a nearby lake… actually, more like an ocean of profits that almost no one knows about.
Take a walk with me and let me show how you can follow a few simple steps and lure more profits to you on a consistent basis than anything I’ve ever seen.
You’ve heard the old saying, “Give a man a fish, feed him for a day… Teach him how to fish, feed him for a lifetime.” Well, friend, this is that lifetime of profits available to you. Up to you how long you want to “fish” there. Personally, I’ll be there a long while… If you want to join me, click here… and learn how fast you can start making money.
Don’t Let the Future of Solar Pass You By
Sustainable energy and "going green" have been and continue to be popular topics of discussion. The markets took note, and stock prices of many companies in this industry ballooned over the past 12 months. The air slowly leaked out of that balloon, though, and prices fell back to earth.
Too much too soon? Perhaps. But as sources of sustainable energy develop and gain greater acceptance, the industry is sure to rise again.
One of the companies poised to lead the field is a manufacturer of thin-film flexible solar laminate products for the commercial rooftop and building-integrated (integrating solar panels into architecture) markets. As companies look for ways to reduce their energy costs, this has become one of the fastest-growing segments of the solar market.
ECD (Energy Conversion Devices) Ovonics is just the type of company you want to own. In addition to its solar cell business, it is working on a new type of digital memory chip for cellphones, digital cameras, and computers. This means the company is diversified, and isn’t solely reliant on one technology.
Invest in ECD Ovonics (ENER) to take advantage of the exciting things this company is doing. As "green" energy grows in popularity, it has tremendous upside potential.
[Ed. Note: Going green with your investments isn't the only way to prosper in the next few years. Learn how to recognize "red flag alerts" and you could put yourself in the pathway of a raging tidal wave of cash. Learn how to prepare yourself for what could be the investment opportunity of your life.]
"Don’t sit down and wait for the opportunities to come. Get up and make them!"
C. J. Walker
Making $10,000 in a Weekend With One Fun and Easy Venture
Creating your own videos is a great way to make a little – or a lot of – extra cash. In fact, I’ve been producing instructional videos for years. I enjoy a steady stream of income from this fun side venture. And you could, too.
Despite the profit potential, some people are reluctant to get into the business of producing and marketing their own videos. One of the main reasons is that they don’t know what kind of video to produce.
In past ETR articles, I’ve recommended producing videos where you teach a subject or skill that you’re an expert in.
I’ve also recommended hiring outside experts to "star" in your instructional videos. For instance, one of my videos featured a gentleman who had created his own exercise program for middle-aged and older men. (That video brought in over $30,000 in 30 days.) For another video, I hired a fitness instructor to demonstrate a back-stretching technique she’d developed. (That one made me a $5,000 profit within just a few days of offering it for sale.)
But there is an even easier way to produce marketable videos.
All you need to do is find an upcoming event that people might want to watch, and make a deal with the promoter of the event to videotape it.
You could, for example, produce a video of stand-up comedians performing their acts… a financial consultant giving a seminar on investments… a Little League championship game. The list of video-worthy events is practically endless.
I know one entrepreneur who records the performances of amateur contestants at ballroom dance competitions. A major ballroom competition has hundreds of amateur dance enthusiasts who dance in multiple heats. Naturally, they want to buy the videos of themselves dancing. In one weekend, without spending a dime on marketing, he clears $10,000. By working just one weekend a month, this guy can make close to $120,000 a year.
And remember, you don’t need to be a video expert yourself to produce a video. It’s easy to find hungry videographers who will record your event professionally for a very reasonable rate.
The key to making serious money by recording live events is to find promoters who have not already made plans to videotape their events. You will find plenty who either haven’t thought of it or just don’t have the time or desire to do it. These people will be your perfect partners.
To create marketable videos of other people’s events, take the following steps:
Step 1: Identify Potential Events
Most large and well-organized events will already have a video program in place. ETR, for example, always has its fall Bootcamp professionally recorded. You can certainly approach the promoters of major events, but you’ll have a higher likelihood of success with smaller operations. Combing through the "upcoming events" calendars in local newspapers and websites is a good place to start.
Step 2: Create a Marketing Plan for the Video(s) You’ll Produce
In some cases – as in my example of the fellow who videotapes ballroom dance competitions – your marketing plan will be very simple. All you have to do is sell your video to the attendees and participants of the event. But for many other kinds of videos, you’ll need additional marketing strategies.
Let’s say you produce a video of a tax expert giving advice on how to take advantage of little-known tax deductions. Your best shot at marketing that kind of video would be via the Internet, and maybe through direct mail, too.
Before you produce any video, make sure there’s a market for it. Using pay-per-click ads is a quick, cheap, and easy way to see whether people will buy it at a price that will allow you to make a reasonable profit.
Step 3: Submit a Proposal to the Event Promoter
You’ve got to give the promoter a reason to let you record and sell a video of his event… and that usually means money. Some promoters will agree to a one-time fee – and if it’s cheap enough, that might work for you. But you might be better off with a profit-splitting deal, where they get anywhere from 10 to 30 percent of the profits on every video you sell.
Sometimes, you can get the promoter’s permission simply by persuading him that your video will benefit him in some way. This approach is especially effective when the promoter is an expert in some area (like martial arts or business) and the video will enhance his image.
Step 4: Make Sure the Participants Have Agreed in Writing to Be in the Video:
I’m not a lawyer, so I can’t offer you legal advice – but my lawyers have told me that, in most cases, you cannot commercially exploit other people’s images in a video without their consent. Fortunately, consent is usually not hard to get. One good way to get it is to have the promoter require each participant to sign a release form before they can take part in the event. (You can find boilerplate language in books with legal forms or you can have your own lawyer create a release form for you.)
Creating videos of live events is an excellent way to get a side business started with a very small investment. And if you choose marketable subjects, you could have a real moneymaker on your hands.
[Ed. Note: Making money in any venture - including the video business - is much easier when you've mastered marketing strategies that are proven to create profits. You can discover 12 powerful marketing strategies and get step-by-step instructions for how to put them to work in Michael Masterson and MaryEllen Tribby's new book, Changing the Channel. The book will be released on Tuesday - but you don't have to wait to learn more about the profit-building advice it contains. Learn more right here.
For more detailed strategies on how to make money by producing your own videos, sign up for entrepreneurial expert Paul Lawrence's "Get Rich in the Videobiz" program. ]
Are You OK With (Smaller) Online Profits That Automatically Flow Into Your Bank Account Every Month?
Seems like everyone’s going for broke and trying to earn a million their first year online. In the meantime, a handful of people are happy as clams with automatic income streams – usually a few thousand dollars – fattening up their bank accounts each month.
Of course, you can set up as many of these income streams you want. So if it’s more money you are after, then go for it! Best part: It only takes about an hour to set up and it’s easy to do. And then imagine yourself sitting back and watching the money roll in.
Sounds too easy, I know. But perhaps everyone is busy trying to make a killing online… and so they’ve overlooked this fast and easy way to make very nice (but not ridiculous) amounts of money. Why not take a peek today and see if this is right for you?
The Dangers of Online Diagnosis
Was it anthrax poisoning? Or lymphoma?
Those were the two possible diagnoses WebMD spat out when a sick friend of mine typed her symptoms into the site’s database.
Luckily, she had an appointment with a live doctor the next day.
The doctor diagnosed her with a severe case of strep throat or tonsillitis. Not nearly as life-threatening as anthrax poisoning or lymphoma, and completely treatable.
At least three-quarters of all Internet users do health research online, according to a recent article in The New York Times. And one in nine high-speed-connection users do health research on a given day.
Problem is, sites like WebMD offer the potential for misdiagnosis.
Some medical conditions have similar symptoms – and wildly different treatments. Confuse strep throat and the benign scratchy throat you get with a cold, and you could end up with rheumatic fever. On the other hand, a misdiagnosis could cause you to panic needlessly. (And who wouldn’t freak out just a little at the thought of having anthrax poisoning?)
We’ve written in ETR about "cyberchondriacs" – chronic worriers who self-diagnose online. Yet with 75 percent of Internet users visiting these sites, it is important to keep in mind some guidelines for using them responsibly.
Dr. James LaValle, founder of the LaValle Metabolic Institute, has this advice for ETR readers:
"While online searching to figure out what illness you may have can help you to better understand a condition or symptoms that you are experiencing, there is no substitute for getting checked out by your physician in person. Many times people come into our Institute worried that they have a dreaded illness based on their Web searching, and honestly the majority of the time they have come up with the absolute worse case scenario. So gain access to reputable information, and consult your healthcare provider before you go into a full-blown panic."
[Ed. Note: Dr. James B. LaValle, RPh, ND, CCN, is a nationally recognized expert on natural therapies. In fact, in 1998 he was named one of the "50 Most Influential Druggists" by American Druggist for his work in natural medicine. Learn how his understanding of natural medicine and the human body can change your health - and your life.]
The Language Perfectionist: Another Round of Confusables
By Don Hauptman
As a lifelong blooper spotter and collector, I’m accustomed to encountering the most bizarre and amusing language gaffes and manglings. But even I was taken aback recently when I saw a sign taped to the cash register of one of my favorite neighborhood cafes: "We respectfully ask for a collaborating ID when paying by credit card." The correct word, of course, should have been "corroborating."
This reminded me that it’s time for me to give you another list of words that are commonly confused.
• "Blogging can better help you hone in on your online marketing." The verb "hone" means sharpen. When people say "hone in on," they mean "home in on."
• "Limited amount of $20 seats." For discrete items that can be counted, "number" is correct. "Amount" is reserved for a bulk quantity, e.g., of tobacco or steel. Another way to remember the distinction: "Amount" is singular; "number" is plural.
• "Marianne Hopko, a sergeant with the county sheriff’s office, apprised the scene." The verb "appraise" means evaluate. "Apprise" means inform.
• "But the principle cause for concern today is the paralysis of the credit markets." The adjective meaning foremost is "principal." The noun "principle" means a basic truth, rule, or law.
• "If we lived in a more orderly society the purveyors of such errant nonsense would be hauled off to the nearest public square." Strictly speaking, "errant" doesn’t mean erroneous. It means roving or straying. In the phrase (or cliche) "arrant nonsense," the nonsense is thorough, complete.
• Finally, a prestigious job title was characterized in a newspaper article as having "cache." The word wanted was "cachet." A "cache" is a hiding place or secret stash of valuables.
[Ed Note: For more than three decades, Don Hauptman was an award-winning independent direct-response copywriter and creative consultant. He is author of The Versatile Freelancer, an e-book recently published by AWAI that shows writers and other creative professionals how to diversify their careers into speaking, consulting, training, and critiquing.]
It’s Good to Know: They’re Getting Involved
Whether it’s because of the failing economy, the ongoing war, or the candidates themselves, a majority of America’s young adults are becoming involved in the voting process. Turnout was high across all age groups for the primaries – but, according to the "Rock the Vote" blog, the increased turnout in the 18-29 age group far surpassed that of all others. Participation in the primaries for this group increased 109 percent overall, with increases as high as 301 percent for Texas and 209 percent for Tennessee.
== 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: Embonpoint
"Embonpoint" (ahm-bone-PWAN) – literally French for "in good condition" – is a person’s plumpness or stoutness.
Example (as quoted in Goethe: The Poet and the Age by Nicholas Boyle): "His embonpoint expands by the day and his eyes are buried in the fat of his cheeks."
[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
Dear Sir/Madam,
I am very grateful to join EARLY TO RISE as a suscriber. I am working with alocal NGO in Ghana as one of the founding members. I will need more information on wealth creation raising funds to support our community activities for poor and vulnerable women and children in our working communities in Ghana.
Hoping to get more information from you.
Thank you.
Yours faithf ully
Fred Kumah
(Project Manager)
Resource Link Foundation
I think this is a very helpful and encouraging article. The writer made it possible for me to see how exactly I could try this out.
I have over the years gathered a WEALTH of information on money making ventures. I believe they are all worthwhile and do-able. Unlike some other would-be entrepreneurs, I don’t necessarily believe I have been given poor information or that I have been swindled. Rather, I think I have been scared to step out of my little familiar box.
This idea allows me to step out of my concerns and try something that I can put constraints around, as and when I want to. I will try it.
Thank you.