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What to do When You Have No Money

   This section provides information to help you increase your skills based on the popular videos from iLearning Global. iLearning Global boasts the largest online personal development library with multiple hundreds of copyrighted HD Videos, Classic Videos, audio programs, ebooks, and much more!

Moderators: Kevin Lee, Evan, GT Bulmer

Re: What to do When You Have No Money

Postby Alan Mater » Mon Jun 29, 2009 8:34 am

GT Bulmer wrote:
Alan Mater wrote:Hi GT,

I believe it's somewhere on our PIPS site on the articles pages. We have articles written by him, and at the end of the articles there's a link to the directory. At least that's what I remember as it's been quite a while now. I grabbed a lifetime membership at least two years ago if not longer.


Hi, Alan:

I'll do some checking in the articles.

GT :)


Hi GT,

It's been forever since I looked at them, so let me know if you do find it.
User avatar
Alan Mater
Chairman - Level 9
 
Posts: 547
Joined: Sat Nov 08, 2008 11:13 am
Location: Pennsylvania, US
Favorite Business Quote: "Do or do not, there is no try." - Yoda
What I Do: Freelance Proofreader, Internet Marketer and Online Business Owner
Favorite Hobby: Traveling and spending time with family.

Re: What to do When You Have No Money

Postby David Hurley » Mon Jun 29, 2009 7:14 pm

Alan Mater wrote:One avenue I utilize to get some extra cash is to sell unwanted and unneeded stuff on eBay. Now's really the time to start selling as they enacted a new policy where your first five listings are free, every 30 days! I'm definitely taking advantage of that. This is just one simple way. It doesn't apply to business per se, but it doesn't have to when you're looking for quick ways to make some extra cash.


Hi Alan,

Thanks for mentioning that. I used to use eBay to sell Japanese comics and economy-priced games. I got a bit fed up with their pricing policy though, so hearing that they are responding to people's concerns by implementing this 5-items-free policy is good to know.

If you are in SFI, don't forget you can also sell your stuff on SFI's http://tripleclicks.com/bargains - and SFI members can get 50 credits free. I notice they are also offering free credits in their monthly prize draw.
User avatar
David Hurley
Chairman - Level 9
 
Posts: 927
Joined: Wed Jul 02, 2008 10:48 am
Location: Hiroshima, Japan
Favorite Business Book: Seth Godin: Permission Marketing
Favorite Entrepreneur: Michael Masterson
What I Do: English language teaching, online article marketing
Favorite Hobby: Japanese Mahjong

Re: What to do When You Have No Money

Postby Alan Mater » Mon Jun 29, 2009 8:57 pm

David Hurley wrote:
Alan Mater wrote:One avenue I utilize to get some extra cash is to sell unwanted and unneeded stuff on eBay. Now's really the time to start selling as they enacted a new policy where your first five listings are free, every 30 days! I'm definitely taking advantage of that. This is just one simple way. It doesn't apply to business per se, but it doesn't have to when you're looking for quick ways to make some extra cash.


Hi Alan,

Thanks for mentioning that. I used to use eBay to sell Japanese comics and economy-priced games. I got a bit fed up with their pricing policy though, so hearing that they are responding to people's concerns by implementing this 5-items-free policy is good to know.

If you are in SFI, don't forget you can also sell your stuff on SFI's http://tripleclicks.com/bargains - and SFI members can get 50 credits free. I notice they are also offering free credits in their monthly prize draw.


Hi David,

I agree, their fees are getting a little ridiculous. This 5 free listings every 30 days is very nice. I'm more fed up with PayPal's fees, but eBay owns them anyway. It's kind of like they're double-dipping so to speak.

Thanks for the reminder. I'll have to take a look there. Do you know what kind of things are selling there? Some of the things I sell may not be a huge hit on there. It's worth a try, though.
User avatar
Alan Mater
Chairman - Level 9
 
Posts: 547
Joined: Sat Nov 08, 2008 11:13 am
Location: Pennsylvania, US
Favorite Business Quote: "Do or do not, there is no try." - Yoda
What I Do: Freelance Proofreader, Internet Marketer and Online Business Owner
Favorite Hobby: Traveling and spending time with family.

Re: What to do When You Have No Money

Postby David Hurley » Sun Aug 09, 2009 9:12 pm

Hi GT,

Another option for funding your Internet business when you have no money is to write articles and publish them on websites that pay for content.

Ta..daaa...! Here's a mini list of such sites - my first "tip" on Tipdrops! :wink:

http://tipdrop.com/tipsheet/how_to_earn ... e_internet

Another option would be to offer your writing services on outsourcing sites such as getafreelancer.com.

DH
User avatar
David Hurley
Chairman - Level 9
 
Posts: 927
Joined: Wed Jul 02, 2008 10:48 am
Location: Hiroshima, Japan
Favorite Business Book: Seth Godin: Permission Marketing
Favorite Entrepreneur: Michael Masterson
What I Do: English language teaching, online article marketing
Favorite Hobby: Japanese Mahjong

Re: What to do When You Have No Money

Postby GT Bulmer » Mon Aug 10, 2009 12:25 am

Hi, David:

Nice TipDrop page! Thanks for posting the suggestion to publish on sites that pay for content.

GT :)
User avatar
GT Bulmer
Guru - Level 10
 
Posts: 1690
Joined: Sat Aug 02, 2008 1:37 am
Location: Northern Alberta, Canada
Favorite Business Book: Earl Nightingales's Greatest Discovery
Favorite Entrepreneur: Brian Tracy
Favorite Business Quote: It takes courage to push yourself to places that you have never been before... to test your limits... to break through barriers.
What I Do: Freelance Writer, Home Based Internet Business Marketer
Favorite Hobby: Reading fiction, non-fiction... almost every genre!

Re: What to do When You Have No Money

Postby David Hurley » Thu Aug 20, 2009 10:43 am

@GT, Thanks for checking out my TipDrop page. TipDrop is a great free resource - ideal if you want advice but have no money!! :lol:

@Alan, Well, I hear that Japanese mahjong sets are bestsellers on TripleClicks! :lol:

Seriously though, I think that because TC is so new, you are going to need to "prime the pump" by supplying your own targeted traffic. For example, you could sell Nintendo games on TC and send targeted traffic from http://nintendo-games-center.com/ and any related blogs and forums. This is another zero expense marketing strategy! :mrgreen:
User avatar
David Hurley
Chairman - Level 9
 
Posts: 927
Joined: Wed Jul 02, 2008 10:48 am
Location: Hiroshima, Japan
Favorite Business Book: Seth Godin: Permission Marketing
Favorite Entrepreneur: Michael Masterson
What I Do: English language teaching, online article marketing
Favorite Hobby: Japanese Mahjong

Re: What to do When You Have No Money

Postby Alan Mater » Thu Aug 20, 2009 11:59 am

David Hurley wrote:@GT, Thanks for checking out my TipDrop page. TipDrop is a great free resource - ideal if you want advice but have no money!! :lol:

@Alan, Well, I hear that Japanese mahjong sets are bestsellers on TripleClicks! :lol:

Seriously though, I think that because TC is so new, you are going to need to "prime the pump" by supplying your own targeted traffic. For example, you could sell Nintendo games on TC and send targeted traffic from http://nintendo-games-center.com/ and any related blogs and forums. This is another zero expense marketing strategy! :mrgreen:


Hi David,

Now that I have some extra TC credits, I may have to give it a try. Yes, selling Nintendo games could work, but I had sold my huge Nintendo lot on eBay a few months back. The rest of my collection I want to keep. I do have other things to sell, though, so we'll see.
User avatar
Alan Mater
Chairman - Level 9
 
Posts: 547
Joined: Sat Nov 08, 2008 11:13 am
Location: Pennsylvania, US
Favorite Business Quote: "Do or do not, there is no try." - Yoda
What I Do: Freelance Proofreader, Internet Marketer and Online Business Owner
Favorite Hobby: Traveling and spending time with family.

Re: What to do When You Have No Money

Postby PhilHogan » Sat Sep 12, 2009 1:24 am

Not sure how I missed this thread, but great topic. Gathering capital is amongst the most difficult challenges for entrepreneurs and business people. Imagine how easy new start-ups and existing businesses would be to start and grow if you had access to significant capital.

In my opinion it usually comes down to "creativity". If the regular avenues such as banks, family, savings and venture capital are not available you have to think creatively about how to reach your growth goals. A lot of the time the solution to the problem is a joint venture with another party. If you can create a win-win situation you may not even need to gather capital and you might be able to have the other party provide the services or skills you were needing in the first place.

A good example of this is an internet start up. There are lots of people looking for capital for their "new internet startup" ideas, however there's not a lot of capital around to throw at these ideas. In situations like these, instead of seeking capital so that you can build the site, why not team up with a designer and coder to help you build the site. You'll probably have to give up some equity, but a JV will significantly reduce your capital risk and possibly help you turn out a better product in the end.

Just my 2 cents.

Phil
User avatar
PhilHogan
Employee - Level 3
 
Posts: 45
Joined: Sun Aug 09, 2009 5:33 pm
Favorite Business Book: Too many to mention..but Brian Tracy's work is great
Favorite Entrepreneur: Anyone who is willing to do what other are not
Favorite Business Quote: Do what others are not willing to do..that's how you succeed
What I Do: Chartered Accountant and Entrepreneur...www.PhilHogan.com
Favorite Hobby: Guitar, joint ventures, time with the family

Re: What to do When You Have No Money

Postby GT Bulmer » Mon Sep 14, 2009 2:36 pm

Thanks, guys, for your comments here and for helping to keep this thread going. This is a topic that most people are interested in and you have each given some great insight.

I would remind other members and visitors to be sure to read the first post in this topic thread (back on the first page) to pick up some additional ideas and inspiration.

GT :)
User avatar
GT Bulmer
Guru - Level 10
 
Posts: 1690
Joined: Sat Aug 02, 2008 1:37 am
Location: Northern Alberta, Canada
Favorite Business Book: Earl Nightingales's Greatest Discovery
Favorite Entrepreneur: Brian Tracy
Favorite Business Quote: It takes courage to push yourself to places that you have never been before... to test your limits... to break through barriers.
What I Do: Freelance Writer, Home Based Internet Business Marketer
Favorite Hobby: Reading fiction, non-fiction... almost every genre!

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