Rules for making money

Rules for making money

The rules for making money can be applied to anything, including making money online. There broke up into two categories. The first is how you spend money and the second is how you make money.

How to spend money:
(1.)  Spend money only on things that make you money.
(2.) Spend money only on things that save you money.
(3.)  Spend money only on things you must have to live. (i.e. shelter, food, medicine, etc.)

How to make money:
(1.) Never do the work that you can pay someone else to do for less.
 (2.) Never pay for work that you can do yourself for less.
 (3.) Never sell an investment for less than what you paid, unless it will save you more money in the long run.
 (4.) Never hold onto a losing investment. It is better to lose a small amount than to lose it all.
(5.) Never be afraid to make a mistake, that you can learn from.  (6.) Knowing something that your competitor has not learned yet gives you an advantage.
(7.) A degree is not required to be in business, but a degree of knowledge about business is needed to run a successful business.
(8.) Make it simple and easy to replicate but impossible for competitors to copy.
(9.) Five percent of the people in the world control 95% of the wealth. And only 5% of the people in the world read. Knowledge is power.
(10.) A business idea need not be original, only an improvement on the previous persons idea.
(11.) Never invest your own money when you can invest someone else's money cheaper. 
(12.) Things that can be repeatedly sold such as insurance, book royalties, and movie rights etc. are the best things to invest in. As they will continue to earn money regardless of what you do and for many years after you are gone.

    These are all ideas and concepts that my father taught me as I was growing up. And it should be noted that teaching children the concepts of economics at an early age is important to their prosperity as adults.

Make money promoting other peoples stuff

If you do not have any artwork or creations of your own you can always sign up as an associate and sell other peoples work.
Such as these ads or links from Zazzle.com which include brand-name artwork such as Disney, DC comics and other well-known artwork.

Mike and Sulley MU Shirt by disney
Customize a tshirt online at Zazzle.

Bilbo Illustration T-shirt by thehobbit
View more Hobbit unexpected journey T-Shirts

The Hobbit Logo Textured Tee Shirts by thehobbit
Shop for The hobbit an unexpected journey T-Shirts online at Zazzle.com

Let's say you're talking about Harry Potter Store  in your blog and you want to link the words Harry Potter store to a Harry Potter store. Simply follow the instructions that the company offers and copy and paste the HTML into your blog. Making sure your I.D. number is in the code so you get credit for any sales.


Or your talking about aBatman Store  and you want people to know where to find it.
Keep in mind there are many companies out there that offer associate programs, but not all programs are the same.

Avoid companies like Amazon that pay only once for the customer and never for repeat sales. If you advertise for Amazon, the customer may buy thousands of dollars worth of merchandise over his life time but you will only be paid for the first sale only. After that Amazon says that it owns that customer and you never see another dime.
    Also avoid companies that steal your copyrights and pay only a one time fee for your artwork. And above all avoid contests and companies that offer prizes for your artwork but only pay if you win. These companies will retain your copyrights even if you don't win. Remember copyrights are for 75 years of your life and 75 years after you die. That's 150 years worth of royalty that you or a family member would have reaped the benefits from. Reader's Digest was notorious for stealing people's work and only paying pennies for stories or articles they later made millions on. In one case the author of a short story was paid $15 for all copyrights to his story. The story was later made into a movie that made a lot of money. The author never saw any of that money because Reader's Digest was buying all rights to the story. Never sell all rights to your artwork or writing. Had the writer sold only first or second rights, Reader's Digest would have had to renegotiate a new contract in order to use the story.