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The Easiest Way to Make a Million Dollars

The Easiest Way to Make a Million Dollars

Want to start a business with little or no government regulation, minimal starting capital and a billion dollar potential?  Start a software company.  Software is fairly unregulated (unless it interacts with regulated industries) and requires minimal starting capital if you are prepared to do the work.  Not a software engineer?  Outsource your needs to dozens of potential engineers on sites like RentACoder or Guru.com, or hire an Indian virtual assistant who can help you build websites at a fraction of the cost of a US supplier.  In fact, leading next to India is Brazil, where the flat US dollar (it has been down in recent months) is still many times that of a Brazilian real.  Take into account JFelipe Web Design based in Brazil: $800 USD is the going rate for an advanced Flash site with content sharing features.  They deploy PHP, MySQL, HTML, and CSS with compliancy in under 2 weeks.

Businesses benefit from marketing but not all marketing is made equal.  You can buy $50 Google Adwords vouchers on eBay for $1, which is a great way to start marketing cheaply on the internet.  Blogs, vlogs and the like are also great ways to get the word out and are more effective than print and click-through advertisements when targeted to the right demographic.  Give your business a good, viral name: like Twitter, Google, Digg, AddThis -- these are easy names to remember and can sometimes become media buzzwords which only compounds interest in your product or service.

Make your business automatic: reduce the number of required emails to 1 or 2 per week and reduce your workload to as little time as possible.  There is no law that requires you to spend 40 hours per week earning your money.  Instead, apply automation anywhere and everywhere.  For more information on automated businesses that require no inventory, grab a copy of the New York Times Bestseller "The 4-Hour Work Week" by Timothy Ferris.  It's one of the greatest contemporary resources on web-based, nearly automatic businesses. 

Your goal is to create a cash resource which will give you the financial freedom to explore more lucrative or expensive projects, travel the world or whatever it is that you have been putting off.  Save 6 months of salary to break away from your job at the next opportunity.  You should keep in mind that there is a signficant difference between the job you are hired for and the job you create yourself.  That's a core value of an entrepreneur: to do what you love or want to do, not what was in the newspaper or on Craigslist that fit your "skill set".

Speaking of skill sets, forget about this term altogether.  In the modern workplace there are literally hundreds of computer-related skill sets each tailored to a specific industry or industry group.  How to learn them all?  Pick only the skills that can complement each other:  like web design and database automation -- and forget about not knowing something.  How many times have you taken a course at your university or high school and thought: I already know this!  That's because 100% of technical and business skills were created by other people.  You're no monkey or tree sloth: indeed you are a human being, too.  As long as you speak English or have a good translator, you'll be able to figure it out assuming you passed Algebra (Calculus also helps).

Most importantly, keep your wits about you.  Everyone and their mother will try to get at you if you start climbing the path to success.  There's a reason why celebrities have tax preparers, accountants, lawyers and security guards: to seal the breach that can occur.  You're just one person: you can't be expected to simultaneously prepare your award acceptance speech, manage your finances, correctly decode 16,000 pages of IRS code, file important affidavits and strong-arm the group of rabid audience members trying to snatch up your wardrobe and locks of your hair to sell on eBay.

Good luck!





The Easiest Way to Make a Million Dollars - To learn more about this author, visit Herb Gilliland's Website.

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Casey Gollan
Casey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website

Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

Jay Kubassek
(Jay's Full Bio: EvanCarmichael.com/jaykubassek)  In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.

 

As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)

 

Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. 

 

Jay resides in NYC with his wife Jamie, son Milo and dog Cooper.  Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website

George Ludwig
George Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website


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Herb Gilliland
(Visit Herb's Website)
CTO: Pick Park.com

Owner: Gudagi.com

Inventor of the YouTube brand and business plan. "I'm entrepreneurial. I do business internationally. I like fair and forgiving contracts."  Herb is an Interaction Designer who graduated from Carnegie Mellon University.  He has written the book A Universe of Interactions, which is a layman's guide to his self-defined science, and the tech industry at large.


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