Finding Gold On The Streets

I saw an interesting news feature the other day talking about how a man in New York City was sweeping the cracks between the sidewalks around jewelery stores. When I first heard this I couldn’t believe this would work but according to this article it has made him $800 in a week.

When I watched the news video on him I noticed that all he does is use a small broom to collect the residue between the sidewalks and than takes the dust home to sift it. He has found rubies, diamonds, gold, platinum, etc. doing this.

I had never thought that this was even possible but this creative unemployed man has made it work for him while continuing to pay his bills. If you get a chance reading the article on this is very interesting and may give you a potential idea to do the same thing near your local jeweler.

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$5 Gold Pan And A Stream = Cash

Most people have heard of old timers searching for gold by panning rivers and streams but it is a popular belief that gold can’t still be found doing this. The myth is that most if not all of the gold was found long ago in the rivers.

The reality is that almost anywhere there is a stream or river it can produce gold if panned at the right spots. These spots tend to be in areas where the heavier black sand and gravel settles. Prime gold panning areas tend to be at bends in the creek, around crevices of rocks, anywhere that collects the heavy sentiment.

If you go on Amazon you can buy a very nice gold pan for less than $5. Black Plastic Gold Mining Pan Sluice Prospecting Panning 13-1/2″Camping & Hiking Equipment)
that has got high customer reviews. Why not take an afternoon with the family and do a little free and fun gold panning in your local stream. This really is a lot of fun and a great way to stay cool in the summer since you will be sticking your feet in the water while panning. Who knows you may even get lucky and find some gold.

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Metal Detecting

Most people spend lots of money to keep themselves entertained on the weekends but how would you like to not only not spend money on entertainment but actually make money. Using a metal detector is a great hobby and a fun way to spend an afternoon on a weekend. Buying a metal detector is no expensive, in fact, you can buy some nice quality used detectors for less than $100 on Amazon here.

After you own a metal detector you can have many free days of entertainment and fun that can make you many times back the cost of your metal detector. All you need is a good location to search for your bounty. Good locations include beaches, churches, picnic areas, etc. Of course, make sure you get permission from the property owner before beginning your search, most owners don’t mind if you ask them.

What are some possible finds? Gold, Silver, Platinum coins, rings, watches, civil war artifacts, etc. Even if you don’t find anything valuable it is a lot of fun to search. This is a great activity for the whole family and a cheap way to keep everyone entertained and maybe even make some money if your lucky.

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Idea Notepad

It is said that when an idea comes into our minds that it rarely if ever returns during our lifetime. It is for this reason that I always keep a notebook and pen with me at all times. Whenever I get a new idea for making money I write it down in this notebook.

I have come up with all sorts of ideas for new books, ebooks, websites, inventions,etc. by simply writing down these ideas as they come to me. One of my favorite ways to get new ideas for generating money is by listening to people in public places complaining about all sorts of things.

If you can figure a solution to these problems you may be onto a new business or money making opportunity. The more people you hear complaining about a problem the more money you could make from solving the problem with a service or product.

The key is to write down every idea that pops into your head everyday no matter how crazy it seems at the time. When your sitting down in a quiet area and have time to review these ideas you would be surprised at how easy you can make these ideas pay off.

Remember to always carry a pen and paper with you everyday. You never know when your next idea could make you a millionaire.

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Selling Your Hair

This is no joke, you can actually make several $100 and up to over $1,000 selling your hair to buyers online. When I read this article I could hardly believe that anyone would pay $1,200 for this womans hair. The article states that there are lots of buyers for anyone looking to sell their hair.

I believe that they make wigs out of the real hair for people whom want to add a new look for themselves. The sad part of this article is that the woman planned to donate her hair to Locks Of Love, a non profit that supplies hair to children with cancer but needed to pay her over due mortgage payment.

That is a tough situation to make a good decision but I believe that many people in her situation would have sold their hair to keep their house. In any case, growing out your hair may be a good way to make some extra money in the future. I guess you could look at it like wearing future money.

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Make Money Selling Electricity

When most people think of electricity they normally think of a bill but for some smart homeowners they are making money selling electricity back to the electric companies. These homeowners generate there own electricity through solar panels or windmills that generate their own electricity.

Since much of the electricity goes unused they have found a way to sell this excess electricity back to electric companies and therefore make money every month instead of a bill. The extra bonus is that you never have to worry about electric black outs and you can become more self sufficient and lower your monthly expenses.

There are some really good stories of this here. This business week article tells how one man was able to make several $1,000 a year in addition to supplying his own homes needs.

The only downside to this method is that there is a large up front cost of aroubd $10,000 for the solar panels and other supplies needed to start generating your own electricity. If this up front fee doesn’t bother you this could be a great way to guarantee your own electricity needs and generate some extra income.

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Living The Passive Income Lifestyle

Since most people’s dream life consists of earning a livable income passively a good way to do this is through passive income. Many of the big time internet guru’s main source of passive income generally comes from affiliates.

These affiliates pay a commission for each sale they refer to the company. This can be almost any company that has an affiliate program but many affiliate programs either pay little or may not be completely honest in the number of sales you generate. So the most important step is to find and use an affiliate program that has a good reputation.

The second most important step is to get the traffic to your affiliate ads. This is one of the hardest steps to do and it is very important because without traffic to your affiliate ads you have a up hill battle. In addition the conversion rate should be higher than average so that you convert that traffic into sales and commissions.

I found a great ebook that covers all these issues and more, since I normally don’t recommend an ebook I found this one to be very good. The ebook is called Super Affiliates and you can get a copy here. If there is one thing I have learned is that money is well spent on knowledge that can pay off financially.

With this information I believe that almost anyone can make a decent living passive income and begin to live a lifestyle that anyone would envy.

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1-900 Numbers

One of the keys to starting a new business for me or at least experimenting with an idea are that the business needs to become automated at some point. It also is a big plus if it can also continue to make passive income with little to no additional time spent after the business is set up.

Since not to many businesses can meet this standard I have begun to look outside the internet for a new passive income business. Upon doing some additional research I came up with the idea of experimenting with getting a 1-900#. These numbers charge the caller either by the minute or per phone call.

Some of the common 1-900# seem to be around the topics of stock picks, real estate advice, business advice, astrology, etc. Since I couldn’t read anyone’s future to save my life astrology and fortune telling are out of the category.

Stock tips would be ideal but their could be some potential liability if the advice didn’t pan out but I haven’t totally ruled this out. I am leaning towards some time of financial daily advice that I can record everyday and than charge by the call not per minute.

The upfront fees are a little steep especially since you would have to pay monthly fees as well but since I am looking to branch out from the internet businesses I may give it a try. This site looks promising and has lots of additional information if you are looking into the possibility of starting your own Paid Per Call business.

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A Cash Business That Can Be Started On $50

One of my passions is starting businesses and over the years I have come to realize a few things. Almost every business requires employees and lots of overhead. Only a few businesses can be started on a shoestring budget.

My favorite shoestring business is a candy machine business. What’s great about this business is that it is all cash, requires no employees, and has only a $50 start up cost with no overhead expenses. Few businesses have all these benefits with the possibility of building it into a full time business.

For $50 you can buy a used candy machine which I recommend since your wasting your money if you spend several $100 buying one new. Many people buy into the story that all you need to do is buy the candy machines new and your in business. This is a myth and many people end up with the new candy machines sitting in their garage.

You have many people willing to part with their new machines for less than $50, most just want them out of their garage. Take advantage of their laziness and ignorance and put an ad on craigslist explaining that your willing to offer “up to $50” per candy machine. You should have no problem buying one.

The key is in placing the candy machines in paying store locations. Since I did this my self I wrote an ebook on how and where to place them and what types of candy sell the best in different retail locations.

This ebook is the “real deal” since it comes from my experience starting this type of business. If your interested in learning more please check it out at here.

This is one business where the worst case scenario is a loss of $50 but the upside is tremendous and you get to test out what it’s like to be the boss.

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$100-$150 Paid Focus Groups

When I first started out trying to make money online I researched and tested 100’s of survey sites. Most of the survey sites weren’t worth the effort but among all the testing and experimenting I discovered about 20 survey sites that paid well.

I wrote this ebook on the 10 best online survey sites and I later discovered several more which I added on this site in an earlier post. Some of these sites allow you to take phone, bulletin board, and live chat discussions which paid more than the normal online surveys.

I discovered Focus Forward which also has focus groups that pay between $100-$150 per session. Normally these sessions involve meeting up in a office setting with several other volunteers in the closest urban city within your location.

I have attended several of these and they generally last about an hour and discuss your opinions amongst the other survey takers on various items and services. The entertainment value alone is worth the time to go. You meet all kinds of people there and the focus groups pay well and include transportation cost reimbursements.

Most of these one hour meetings pay over $100 and your done. If you have the time and can make it to these focus groups its a nice way to get some extra pocket money. If your interested in these focus groups you can sign up here. This is an easy way to make some money.

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