Saturday, May 19th, 2012

How to Make Money without Money

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Seems everyone these days wants to know how to make money without money. That is the situation so many young (and not so young) people find themselves in today. I don’t envy you if that is your state in life right now. Maybe you don’t have a job, or you just had some medical bills hit, or maybe you’re just starting out and no one will give you a chance. I’ve been around the block a few times and have made a bunch of money a whole lot of different ways. Maybe one of these will appeal to you.

How to Make Money without Money: Seriously, I Mean I’ve Got ZILCH!

This is a tough circumstance to be in, but it could be worse right? You could have a mountain of debt on top of you as well, right (we’ll get to that situation another day)? If you’re going to get in the game at all, you have to have SOMETHING to offer others in order to get some money. If you don’t have something to sell (old jewelry? comic book/baseball card collection?) or don’t have some sort of service to offer (lawn mowing? baby-sitting?) you need to develop SOME skill or asset to convert into money. I mean THINK people. What have you DONE in the past that others have found valuable? What do you OWN that other people admire? Write down a list of all these things that you own or have done and make a guess about how much those things are worth.

OK I Have Some Assets or Services I Can Offer

This is a much better situation to be in. I would have hoped you would have been able to come up with a list of things to sell or services to do. Now that you have a list and a guess at prices (did you check ebay or craigslist for similar items???), what do you do next? Do you think it might be a good idea to TELL people you have things to sell or services to offer? Did you know the more people who know about what you have to sell the better price you are likely to get? Most people now look online several times before buying, and when they do buy a larger portion of the time they are buying from an online source. Are you able to make deals online?

So Some People Are Interested in What I Have to Sell Online – How Can I Collect Payment?

If you can accept online payments you’ll have a great advantage in your ability to get good prices for the things you have to sell. For this reason it is IMPERATIVE that you setup a paypal account. The benefits of doing so are twofold. First, you can accept online payments (including credit cards!) from millions of people (and thousands of vendors). Second, you can use paypal as a launch-pad for any number of online sales ideas you come up with down the road, most notably in setting up a simple ebay business. Once you have sold a thing or two online you will have…

  1. a few dollars in hand and…
  2. A repeatable method of making more money online

It All Starts with Being Able to Make and Accept Online Payments

If you are serious about learning how to make money without money to start – you need to start with a paypal account and get in the online payments game. Once people from all over the planet can send you money with their credit card a whole new world of opportunity opens up for you. If this seems like all too much for you, join our Social Networking Business group for free and download the reports I have written to help you learn the basic skills needed to break the ice to making a little money online.

It can be daunting to learn how to make money without money initially, but with just a few pages of reading and one or two critical accounts setup you will have everything you need to begin and you won’t have spent a penny out of pocket. Then once your payment accounts are setup you can spend less than $20 to learn how to start a real ebay business and take it from there. You do not have to have money to make money online, but it does help if you spend a few dollars to get up the learning curve. See our list of recommended online marketing resources for more targeted learning. I hope you learn how to make money without money and improve your situation. I’ve done it a number of different ways, one of which is bound to work for you.

Barry Livingstone is the author of The Social Networking Business Plan with Onefineham - Pick Up a Copy Today!

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