Getting Started
- The Motto
“I got to get this shit done myself.”
This mindset is essential to take initiative and drive your financial goals.
Charitable Tithing
- Tithing
Donating money to charities can help both spiritually and financially.
Recommended charities:- Ronald McDonald House Charity (rmhc.org)
- American Heart Association
- St. Jude
Making Money through Sales & Not Sales
Sales
- 800#: Partner with a company or set up an inbound call center for product sales.
- Website: Affiliate marketing via sites like LinkShare (linkshare.com) or CJ (cj.com).
- Mail: Sell products through mail—either handmade or through drop shipping where products are shipped directly from the supplier.
- Garage/Estate Sales: Reselling items purchased at garage sales or estate sales through platforms like eBay (ebay.com).
- Not Sales
- Bank Products: CDs, Money Market Accounts, Mutual Funds, and precious metals (e.g., Monex (monex.com)).
- Stocks: Trade stocks via platforms like Scottrade (scottrade.com) or TD Ameritrade (tdameritrade.com).
Building a Money Plan TeamMoney Team
Assemble a team of 3 or more members to brainstorm ideas for generating income. Discuss and explore different avenues like DVDs, books, info products, or services.
Advertising & Marketing
- Advertising
- Viral Marketing: Utilize word of mouth and social networks like Facebook, Twitter.
- Traditional Advertising: Use newspapers like Chicago Reader, Sun Times, or Daily Herald for classifieds.
- Digital Advertising: Place ads on CNN.com, MSN.com, or use platforms like Google AdWords or Yahoo Ads.
Negotiation & Strategy
Negotiating
Help people understand why your product or service benefits them. Use examples like Muhammad Ali’s “Rope-a-Dope” strategy, where patience leads to success.