In the immortal words of Emmerson, it says, “All I need is an idea. Overnight wealth has a certain stigma that “reasonable” people seem to resist.
However, with a little focused action and the right knowledge, quicker prosperity is not only possible for you, but inevitable for the determined.
The first thing I want to do is qualify the “quick” saying above for several years. I’m not sure if you could write a hit book or a contemporary book, but these have a lot to do with chance.
Determined people generally don’t like chance because control is a solid aspect of wealth building. Anyone can have an idea. Any idea can become feasible if it is not completely “out there”.
What matters is that you act. But beyond that, you need to know how it works before you act. This is really what most people with a good idea are missing.
So knowledge is again the origin of the core viability. Now let me give you some insight. The knowledge of the rich. There are many ways to get rich very quickly, but here is an example and some ideas about what the rich do.
Arbitrage is a concept that you should learn more about. It is a word that is popular in financial circles and therefore remains hidden from the average person as a strange
French word used by people in the stock market. This arbitrage is the greatest wealth idea that you need to understand. Getting into arbitration is literally that …….. If I offered you 70 cents for your clean, crisp dollar bill, would you accept the deal? I had $ 100,000 and I had $ 75,000 and I said, look, let me put that money into your account in return for your money.Direct exchange.
How would you feel about it? Well I think you’d say no I’m not blaming you, it’s not a fair deal. Referees do this all day. But that’s the difference.
We trade in value and perception, not numeric currency. as cash. Or we do wholesale and retail. There are hundreds of ways I can trade my 70 cents for someone else’s dollar.
The rich have been practicing arbitrage since the currency’s existence because arbitrage is the secret route to wealth.A secret that is never openly discussed because it is so well guarded.
My little post here won’t do anything to change that balance, but you will be lucky enough to learn about it and perhaps propel you into a new life.
A real life referee example that I practiced many years ago when I started broke, dejected but hopeful. It wasn’t that long, but it seems like centuries ago. His history now. One form of arbitrage is the concept of economies.
This arbitration strategy is based on a single fact: an irrefutable reality about fiscal life on planet Earth. Here it is. If you are buying anything (anything) in bulk, you are eligible, and in most cases you will not get a huge discount on your purchase.
If this bulk amount is “split” and resold into more popular traditional pieces, your investment will generate a decent return. So here’s a quick idea to get rich. One that you can now use to set up a source of income to replace your day job. It can be reproduced and systematized to actually generate a very healthy income.
If you look at the price lists of local newspapers and magazines, you will find that they are very indulgent to this concept of economies of scale. For example, just a small ad can cost $ 140. But if you buy a full page, you only pay $ 900. Why? Because it’s less work to publish.
Well, my idea was to start a weekly site called “Martins Market”. I personally reached out to 200 business owners and told them they could get a small ad on my Martins Market page for only $ 90 cheaper than buying their ad directly from the newspaper.
Do you think this offer will interest a good percentage of the business owners I have reached out to? You can bet! Plus, they got an extra discount if they paid 6 months in advance.
I could put 40 ads that size on my page. By completing it, I made $ 3,600 each week for an expense of $ 900 per page. I added value with good graphics and the site was very well received as my customers reported good returns on their ads. This has been played 20 times across the country.
With two salespeople for each Martins market, I made nearly $ 20,000 a week over a long period of time. You will need a few dollars to test this out, but it is inevitable that if you do your research correctly you can do the job and get the exact same results.