In these unusual times, it has been quite challenging to keep one’s family and source of income afloat. But that has been the case for almost two years now when the world started to be gripped by an economic recession of global proportions.
Since then, many individuals, mostly of entrepreneurial bent, have thought about various ways of making new money fast. Some have gone to elaborate means to get this rather elusive commodity — to sudden ruin or prolonged agony of both finances and mental sanity.
Out came Loral Langemeier’s book “”Put more Cash in your Pocket; Turn what you know into Dough”, a seminal book that straightforwardly shows us how to make money fast. In fact, the basic premise that Loral has proposed is that to make money fast, one has to go back down to the basics: Be simple, be straightforward, be streamlined.
Sounds easy? Actually it is, but one has to be enlightened to make that trip to riches and making money fast by reading the book.
Loral has asserted in her book that to make money fast, one has to review all the skills that one “already has” and make a business venture out of those skills. He emphasized on the “business venture” — treating a person’s skill as his/her main intellectual capital to making money fast.
However, there are several reasons why a lot of people do not “cross that bridge” of making money fast and creating a business of their own. The first of these reasons is that these aspiring entrepreneurs view new businesses using the same model that big companies are built on. Yet, as Loral said, this is not the case for most successful entrepreneurial companies, wherein success is based on offering a simple, straightforward and implementable business idea.
Loral emphasized then that they key to making more money fast is to keep a business simple, straightforward and streamlined.
Moreover, Loral said that simple products and services are much more easier to market than faddish, intricate or innovative business ideas. Keeping the product offering is simple would make money fast for the entrepreneur.
Likewise, would-be entrepreneurs are daunted by the paperwork that has to be prepared before a big business venture takes off. Loral said that choosing a business idea that can be implemented now with the least capital outlay is one of the best ways to make money fast.
Lastly, the time allotted by the future entrepreneur to launch this service is also important. If the individual can implement the service or dish out the product while doing his usual daily work activities, then this would generate that additional income of US$500-1,000. Making money fast is really that simple.
So to summarize what Loral called his “twenty-first century lemonade stand model”, which is the model or process of making money fast for anyone, the following rules have to be followed:
- Create a business that revolves around a skill that the person has already.
- Start a business in a speciality that the person has experience with or are familiar.
- Launch a simple product or service that is already familiar with the target market.
- Innovative new products are great to launch but may not be the best way to make money fast for the entrepreneur.
- Launching a new, wholly original and difficult to understand product is definitely a no-no.
- The individual must be able to provide or make the product or service immediately.
- The individual must choose a product that can generate at least US$1,000 per month, or is viably lucrative in the near future.
- And lastly, the product may be started with little or no capital to start with.
By following all these steps, one can be sure of making money fast, according to the guru of wealthiness, Loral Langemeier.
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