Showing posts with label how to make money. Show all posts
Showing posts with label how to make money. Show all posts

Monday, June 29, 2009

Top 10 Ways to Fire your Boss

Firing the boss is a day many people look forward to when choosing to make money. For some, it marks the journey of a more satisfying career, for others, leaving the corporate world all together. Regardless of the reason why, the normal letter with two weeks notice is out of date and needs updating. Here are some much more creative and fun ways to fire your boss on your wealth journey.

NB. Use at own risk. If you are planning on getting a referral from your boss now or in the future, you may have to modify some of these ideas to ensure you maintain a friendly relationship with the company.

1. Throw a paper aeroplane on to their desk with your desired message on it. Create several paper aeroplanes and do it several times for fun.

2. Fill their office with balloons and leave a pin on their desk with instructions to pop the balloons. You can then have parts of your message all in separate balloons or write the message several times and put the full message in all of the balloons.

3. Leave five or so sticky notes on their computer screen with your desired message. Have some fun hiding more under the desk, on or in the filing cabinet, on papers in their "In" tray, under the keyboard and mouse, on the height adjusting lever on their chair (after you adjust the height).

4. Throw yourself a party with streamers, balloons, the works and have a cake. Share with everyone and have your boss as the guest of honor. Play games like "who knows me best?" and "what's the first thing I should do now that I've quit?" Grin about how you are leaving the whole time.

5. Wrap a present for them. A photo of yourself at some exotic location with your desired message attached. Leave the gift on their desk, making sure their name is on it to ensure they receive it.

6. Set their screen saver to your desired message. Set it so that it goes off after one minute of idle computer time to make sure they see it.

7. Print your message off on a piece of company letterhead paper. Cut it into large puzzle pieces and mail them all at once in individual envelopes to your boss.

8. Create paper chains (cut paper into strips, tape them into paper links and form a chain) out of the words of your message with a note saying there is a big surprise for the person who figures it out first. Give them the biggest piece of your quitting day cake.

9. Jumble up the letters in your words to make a word jumble. Stick it to their computer screen with a note saying that if they figure it out the person in the jumble will give them $5 and see if it motivates them enough to figure it out.

10. Print out your message on fancy paper with love hearts and leave it on their desk in a scented envelope titled "to (their name) from your SECRET ADMIRER".

Good leaving messages:

"I'm sorry but I'm going to have to let you go. I can't handle you as my boss anymore. I'm doing something better with my life. I resign."

"I just can't afford to keep you on anymore. I'm doing better things. I QUIT!"

"I'm sorry, but your position is no longer needed in my life. You have been made redundant. I am following my own desires, not the directions of this company. I quit."

"After reviewing my last six months of performance checks, I've realised that my unique talents and abilities can be utilised much better somewhere else. I quit."

Optional teaser lines to become the second part of the message.

"P.S. The person who broke your chair last year, put chewing gum under your keyboard and wrote (boss' name) stinks on the toilet wall in permanent marker was me."

"P.S. I know who stole your special hand held massaging thingy last month. However if I told you, I'd have to kill you."

"P.S. I've all ready allocated my stationary to (colleague) and my space in the office fridge to (colleague). If you want you can have my wastepaper basket as I know how important office cleanliness is to you"

"P.S. Have a nice day."

Tuesday, June 2, 2009

Learn how others Make Money by Interviewing Millionaires

One thing the many Millionaires recommend is interviewing people who have the money you want, to find out how they did it.

Think about it: Think and Grow Rich, one of the most popular wealth books in the history of time, is based on what Napoleon Hill learned while interviewing the Rich and wealthy of the day. He asked them how they did it, what did they do, and thereby found out the philosophy of money making. While we may not be creating a book to be read for centuries to come, we can create a legacy in our own lives and improve the lives of others around us.

It's important to know what you want to ask before you meet your millionaire. A list of questions to ask can be found in "The One Minute Millionaire" by Robert Allen and Mark Victor Hansen, and some are here:

  • How did you make your first million?
  • How long did it take you?
  • How long would it take you today?
  • What is the system that you used to make it?
  • Is this system transferable?
  • What would you recommend that I do to become a millionaire?
  • What's the most important lesson you've ever learned?
  • How do you integrate spiritual values into your life?
  • What is the legacy you want to leave?
  • What's your most important habit?
  • What opportunities do you see that you don't have time to take advantage of?

From doing these interviews my own perspective about making money has changed. I have learnt alot from these millionaires. People who aren't just doing it to make money, they do what they do to help people, to change the world. I'll be posting some of the insights I've gained through doing these interviews on this blog. Let me know what you think.

Thursday, May 28, 2009

What to Beware of when Making Money spotting in Property

One thing to be aware of when spotting or doing any property transaction is that the profit is not all ready calculated into the price.

Often, when owners or agents become aware that their property has "development potential" the price instantly skyrockets so that any money from a future development goes to them in the purchase price.

For example, the deal I am currently working on- the expected sales turnover of the 29 lots is about $4 million. Take out of that

$3 million purchase price and contributions
$200,000 agents commissions (if selling via agents and not through own marketing)
PLUS marketing fees
Plus interest capitilising at $16K a month * 18 months=
$288K
$70000 transfer tax/stamp duty
Possible $400K tax- still working out tax implications
Plus legal fees

Anyway from these numbers you can see that from these calculations there's almost no money in this deal. Ideally you want a $500,000 profit at least which gives plenty of cushion money for turns in the market and other unexpected happenings. And, it gives the developer a reason to pay you a spotting fee! For this one to be worth it the purchase price would have to be brought down at least to $1.5 million- making aquisition cost $2.5 million. There are many people who only do transactions like this when there is a good one million dollars in it for them, which is a good way to go.

Land speculation and subdivision isn't the only instance where this happens, it also happens in inner city or high demand urban locations where the land can be developed, and in conversions from aparments to condos or strata titling.

All it means is that there are deals out there that are advertised as "Development Opportunities" which aren't good deals and won't make you any money. You still have to walk away from some, even when spotting. But there are also others out there that are worth it, and with a little negotiating you can come out a good $50,000 to $500,000 richer.

Monday, May 25, 2009

Ways to Make Money (and wealth)

Now that I've decided how much money I want to make the next step is to get an idea of how I'm going to earn it.

If you don't make much money now, don't worry because it is not a limit on your future earning potential. The amount of money you make today will not stop you from earning more money tomorrow. It might take a little bit of time, but it is possible.

One piece of advice Bob Proctor gives is to think of the wealth you want and ask yourself:

"What service can I give that is worthy of that amount of money?"

Money is a result of solving someones problem, or filling a need. When you help people, they reward you, usually with money. Think about it. Fast food chains help people by giving them food quickly, it's convenient, it's fun for the kids, and what do their customers give them for it? Money! The guy who fixes your car solves your problem of your car not working, what do you give him? Money. If you want wealth, learn to how solve people's problems.

Some questions to decide what to do to make money:

1. What need do I see for a product or service?
2. What do I enjoy doing that can be turned into a source of income?
3. Who do I know that has achieved the amount of money I want, and how did they do that?
4. What money making opportunities am I all ready aware of?
5. How can I make the most of my current situation to create wealth?

Making money can be easy. Once you look for ways to make money you'll be surprised at how many wealth building opportunities are around you.

“Opportunity is missed by most people because it is dressed in overalls, and looks like work.” - Thomas Edison