OP 19 September, 2020 - 06:47 PM
Online money making in a nutshell
>Something that solves a problem for someone/something they want
>A way to get paid
Great thats money making in a nutshell
Money management
>Spend less than you make
>Set aside 1/5 of what you make and set it aside, you'll never go fugging broke
>Focus on whats essential only
>Pay bills up in advance
>Sit on a money pile by calculating how much your lifestyle costs, and then times that monthly number by 12, and then by 20 to get a "goal number"[/b]
Investing 101
>If you're broke, start with services for money since you dont have a product, and time is short.
>An MVP is a minimum viable product, and an MVS is a minimum viable service. Both are quick things that add value, and help ease peoples pain
>Sales is based on fixing someones pain, and knowing there are enough people with the same pain in a "niche"/"targeted area.
>An asset is something that puts money in your pocket, a liability is something that takes money out
>Starting a business with no money is based on the first two principals, be it online or irl.
>Non asset based investment skills include, bartering, and holding things that have value like gold, gems, art, or "things" that are deemed valuable but are not cash.
[b]Overall good luck
[/b]
>Something that solves a problem for someone/something they want
>A way to get paid
Great thats money making in a nutshell
Money management
>Spend less than you make
>Set aside 1/5 of what you make and set it aside, you'll never go fugging broke
>Focus on whats essential only
>Pay bills up in advance
>Sit on a money pile by calculating how much your lifestyle costs, and then times that monthly number by 12, and then by 20 to get a "goal number"[/b]
Investing 101
>If you're broke, start with services for money since you dont have a product, and time is short.
>An MVP is a minimum viable product, and an MVS is a minimum viable service. Both are quick things that add value, and help ease peoples pain
>Sales is based on fixing someones pain, and knowing there are enough people with the same pain in a "niche"/"targeted area.
>An asset is something that puts money in your pocket, a liability is something that takes money out
>Starting a business with no money is based on the first two principals, be it online or irl.
>Non asset based investment skills include, bartering, and holding things that have value like gold, gems, art, or "things" that are deemed valuable but are not cash.
[b]Overall good luck
[/b]
