Let's talk about making money, please join in if you want.

So, let's use the recent transaction of the WF being acquired by Freelancer to discuss all the ways there are to make money. Maybe you'll get some ideas.

First; BASICS. Unless you are gifted money...you don't get paid for doing nothing.

Therefore, you must DO...something. What to do when faced with so many options and choices? First thing, decide what you want and why you want it.

See, it is going to take some TIME, maybe a little or maybe a lot. What you choose to do will determine how much time.

How about the FASTEST way to make money? Simple to understand: find a market already buying something and then, CREATE or ACQUIRE something to offer to that market.

ACQUISITION is one of the speediest ways and saves time over creation, in most instances.

WF was acquired by Freelancer, although we have seen it took TIME to work out the details.

Google has acquired over 100 companies. The big time. But what about us, the small potatoes guys who just want to make a few extra bucks? What can we acquire? And quickly?

Well, you can get the RIGHTS to sell something someone else has created. We see this in IM via the Private Label Rights (PLR) or by having one of a handful of licenses to resell an existing product. Many Warriors use this model and many others CREATE the PLR,

Being an AFFILIATE for some products and services is also a form of acquisition, you have the right to sell their product/service to the public or to a specific group of people.

In order to keep this short and readable, here are some examples and then after this discussion, if anyone wants, we can discuss the various gears on which to operate your money making ventures. A first gear operation is YOU doing all the work and spending your time. A fifth gear operation is you doing very little and collecting a lot of dough for running smoothly...other people do the work, you make the money. Lots of examples of this too, if the thread gets continued.

But EXAMPLES. Of Acquisitions.

Here are just a few of the things you want to consider in your money making search. Books, specialty items, businesses for sale, liquidations, imports, exports, patents, copyrights, contacts, lists, licensing. And the list goes on and on.

Books. In the 1970s, Ben Suarez acquired the rights to a book, Vermont Folk Medicine, with just a contract. The book was a best seller in the 50s and the publisher was willing and anxious to allow it to be sold for a piece of the action. Suarez Corporation Industries sold tens of thousands of these books and made hundreds of thousands of dollars.

More recently Dan Kennedy acquired the rights to Maxwell Maltz' Psycho-Cybernetics and has been selling it regularly.

Many acquisitions can be done with a simple contract and often, you can even pay for them from your future profits with no out of money expenses.

My friend Jim Straw told me before he passed away that if he were starting over today he probably would focus most of his time on acquisitions and not creating so much. He revealed that after only two years in the affiliate game he was making 250k per month on affiliate products.

Well, do you have any thing to add, to discuss to contribute to the thread about making money via acquisitions or creation?

Do you operate a first gear business and would like to shift into a higher gear?

Are you aware of the overwhelming choices you have and if you pick the right one, making money becomes pretty easy...choose the wrong one for YOU, and it eats your lunch, steals your time and creates stress.

Thanks for your time and attention, now, let's all make some more moolah, eh?

gjabiz