31
May
2008
Posted by Robert as Business Ideas, Investing, Ramblings/Miscellaneous
On Thursday, I recounted a conversation I had with a friend about risk and money, and I alluded to the notions that starting a business is not risky and that risk is a myth. I wanted to elaborate further on why I think risk is nothing but a myth.
Risk = Absence of Knowledge
In short, risk is [...]
30
May
2008
Posted by Robert as Business Ideas, Make Money Online
For today’s YouTube post, I found an interesting video review by Yaro Starak (from Entrepreneurs-Journey.com) of a compelling book entitled 50 Great E-Businesses & the Minds Behind Them.
The book provides short stories about 50 online businesses and how each owner took his or her business idea and transformed it into a multi-million dollar cash cow.
One particularly [...]
29
May
2008
Posted by Robert as Business Ideas, Investing, Personal Finance, Ramblings/Miscellaneous
I car pool sometimes with one of my friends from work because we live fairly close to each other. The other day, when I was driving him home, we somehow struck up a conversation about business ideas and what it takes to start a business. During that conversation, he said two things that made me [...]
28
May
2008
Posted by Robert as Business Ideas, Make Money Online
I am a huge proponent of investing in real estate for passive income. But there is a little-known analogous source of passive income that exists on the Internet that will knock your socks off.
This little-known or, perhaps, little-used method is buying and holding domain names and websites for cash flow. I’m not talking about buying [...]
27
May
2008
Posted by Robert as Make Money Online
I took the day off yesterday, but I’m back in full force today.
Almost two weeks ago, I wrote about Market Leverage and why it’s an attractive and profitable affiliate network. A major reason for Market Leverage’s popularity is its customer service. It’s fast, personal, and effective.
True to form, a few days after I signed up, [...]
25
May
2008
Posted by Robert as Recaps
Another week gone by, which means another Flimjo Recap is upon us.
The items I’ll be recapping and documenting today are (1) the previous week’s posts on this blog; (2) any guest posts that I submitted on other blogs; (3) the most interesting posts from the blogs of my top commentators; (4) my five favorite posts [...]
24
May
2008
Posted by Robert as Business Ideas, Resources
The fastest way to build a profitable business from scratch is to come up with a product that sells.
That obviously seems easier said than done. However, I don’t view product creation as insurmountable as I used to. The key is simplifying your thinking and then turning the process upside down. Timothy Ferriss explains this upside-down process [...]
23
May
2008
Posted by Robert as Business Ideas
Welcome to another YouTube Friday.
I’ve been posting videos about Tim Ferriss, Robert Shemin, and Robert Kiyosaki. Those were all great because they revealed the minds of established rich entrepreneurs. Today, however, I found an inspiring video clip from The Big Idea (Donny Deutsch’s show).
In this one, Stephen Key, a renowned inventor, tells his story about how [...]
22
May
2008
Posted by Robert as Make Money Online
Entrecard just keeps getting better and better.
Just last month it changed its pricing model to reflect better the demand for and value of advertisements on blogs. Now, it launched an additional wave of changes.
Add More Blogs
A new feature allows members to add more than one blog to their accounts. All you have to do is go to your [...]
21
May
2008
Posted by Robert as Employee Life
The 9 to 5 grind, and working 9 to 5 has taken on a new meaning in today’s corporate world. I had an incredible experience yesterday. Something that will resonate with me for a while.
First, however, we need some background.
My Nemesis
I usually have to work with different people on various projects as they come down [...]