Posts archive for: May, 2009
  • Caps are Where the Money Is?

    I recently visited National Stadium, the newest Major League Baseball stadium in the United States. I was there for the second game ever played in the fantastic stadium. I can tell you, Marl Lerner, owner of the Stadium, the team, and half of Washington, D.C. office space, knows how to make money.

    The stadium is very family friendly. Ushers are polite, rowdy fans are immediately ousted, even smokers are told they have to leave the ballpark to smoke. There are literally dozens of restaurants around the park. Not just hot dog stands, every thing from salad bars to kosher food stands circle the stadium. All are just steps away from the field. Stepping out to grab a bite, you will never miss any action.

    I think the key to Lerner's fortune has to be in the caps though. Every fan just has to buy a souvenir Nationals Cap. You figure it is the least you can do. Yet these caps, which are just regular cotton caps with the Nationals logo, cost twenty dollars each!! Think about how many thousands of fans come to the park during the season (with over one hundred games). If just half of them by a cap (which I am guessing wholesale for about $1), then the Nationals (A.K.A. Lerner) have just made a fortune.

    Yet I do not begrudge Mr. Lerner for selling twenty dollar caps. Quite the contrary, I admire him. If you are serious about making money, follow the trail of the billionaires. The audacity to take something which you buy for one dollar and sell it for twenty is just the kind of attitude you need to make a fortune. Don't be timid. Timid people never make fortunes. Dare to be bold. You never know what people will be willing to spend money on.

  • Make Money By Eating

    You may not be aware of it, but the world of competitive eating can make you very wealthy. It is a bit like professional sports, only you don't need to work out much to be great. You just need to eat a lot.

    Take Joey Chestnut for example. He is probably the best American eater around right now. Joey first gained attention by winning Competitive Easting Rookie of the Year for 2005. He was asparagus champ two years in a row and placed second in hot dogs on July 4 with the new American record of 52 dogs and buns in 12 minutes. For a young guy to be second in the hot dog eating contest, which after all, is really like the Super Bowl of competitive eating -- is something very special.

    I can only imagine how much Joey is worth now. With each victory on the food circuit comes more endorsements and paid speaking engagements. Then there is the merchandising. If someone knows what they are doing, they can turn a weird and somewhat gross habit into millions. All this without going to any training camp or working the way up through the minor leagues!

    Then there is Sonya Thomas, the Black Widow. This slender lady weighs just 100 pounds. Yet she crushers her opponents regularly. She once eight eighty chicken nuggets in five minutes! I am sure every chicken company out there wants her as their spokeswoman.

    So if you have no athletic ability whosever and want to make a fortune and get on TV, try going the route of competitive eating. All it takes is a big appetite and lots of practice. Also, I don't think you have to pay for the food at the competitions so at the very least, you get a free lunch even if you don't win.

  • Towel Warmers

    It's hard to get into most retail markets because there is so much competition. If a product is in demand, there will be a hundred companies selling it overnight. Within days, the margin will be gone as everyone tries to make the sale by offering the lowest price. That is the main reason retail is so difficult. For every one guy who makes money in retail, nineteen people fail. Yet I will tell you about one product where there is very little competition right now.

    The item is becoming more and more popular every day. Everyone wants one. All you need to do is set up a website and you can start taking orders overnight. Since these products offer thousands of dollars per unit in profit, you can become wealthy very fast. Just do a search until you find the manufacturers and ask for an agreement to be an official seller. But don't delay. Within six months, the market will be flooded.

    Are you ready to learn the name of the item that can be sold on the Internet and make you tens of thousands of dollars. Well here it is. Just remember, this blog is one of the few places you can get such good inside information without paying for it. I don't even get a cut of the money you will make. Why do I do this? I don't need any more money. I have plenty. I delight in seeing others get rich. Sometimes, being super wealthy is just too lonely.

    So here is the product. You can use it to do the research. Go with the manufacturers of the higher end units. High end means high profit. So now, the item that everyone wants and many are willing to spend a great deal on is: The electric towel warmer. That's right. These great devices hang in bathrooms and heat your towels up. Some of the more artistic ones go for thousands of dollars. Now you have the information. What you do with it is up to you.

  • Be a Physical Trainer

    Of course, everyone knows that doctors make a lot of money. The only problem is that to become a doctor, you have to go to medical school, and that costs a lot of money. Then, you have to spend so much money to get started, that unless you really love the concept of being a healer, I would not recommend it. Remember, we are in love with the concept of making money, and for that you don't need an advanced degree. Here is an idea if you want to be involved in health but don't want to go to medical school. Become a physical trainer. More and more people around the country are becoming interested in working out. They want to get in shape, but they have no idea how. They are willing to spend a great deal of money for someone to come to their house and teach them about fitness. But here's the key. They don't really want knowledge. Anyone can put on a pair of sneakers and take up running. Want they are seeking is motivation. And anyone can become a motivator. You don't need any special talents or skills. All you need is a friendly personality and the ability to give people a little push when they need it. Just put a little ad in the local paper that you are a personal trainer. Charge about $100 per hour. Any less and they will think that you are too cheap. Then when you have your first client, start them off with some basic stretching. If you don't know how, just google it. There is tons of stuff about stretching on the Internet. After stretching, do some basic exercises. Try a few push ups and sit ups. Maybe running in place. You want to get a feel for how in shape they already are. Don't push too much. Just enough so that the client feels they are getting a good workout that is challenging, but do-able. Later you can add more complicated workouts. Take my word. People will pay good money for a little motivation. Once you have a whole bunch of clients, then you can buy a good mountain bike and take some time to get yourself in tip-top shape.

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