Money Making Ideas 5 : Develop and starts a Mortgage Portal Sunday, July 12, 2009

This takes the freelance mortgage writer idea onto the internet. Many people face tough decisions when it comes to finding the right mortgage for their needs. While banks do have many types of mortgage packages and payment plans, it would help if all the information could be presented in one easy-to-find location instead of in sheets and sheets of paper or brochures.

To start a mortgage portal, you first need to find bank and financial institutions who are willing to participate by providing their information to your portal. There are obviously many ways to work out the system. Allowing members to input their information themselves would probably be a friendlier and more cost efficient way of doing things. There are obvious reasons why banks and lending institutions should participate in your portal. I will assume your portal manages to attract tons of traffic in the mortgage niche market. NOT being listed on your portal when EVERYONE else is, could potentially hurt them! You will store all the mortgage information in a database and visitors to your portal will be able to filter only the information they require. Application forms should also be made available on your portal. This saves visitors lots of time. They can narrow down the mortgages that best suits their needs, and then visit the banks concerned.

So how do you make money from your portal? Well for one, you could charge your member banks and finacial institutions a membership fee, and probably a commision for every mortgage application that is approved that came from your portal. Of course, traffic and exposure is the keyword here. You have to let people know where they can find all this information without having to do lots of legwork! There are technical issues involved in making sure the backend serves visitors quick and accurate information, so this requires investment in personnel, software and hardware. However, if you or your friends are whizzes at these stuff, then you already have the advantage!

Money Making Ideas 4 : Becoming a freelance Copywriter

Writing good copy is important when you need to communicate anything to the public, whether it's a book, report or an advertisement. Copywriting is a skill that is often taken for granted, but good copy can make the difference between making sales with money well spent or looking foolish with bad copy. These days, it's common to see glaring errors by in-house by staff who don't have the skills nor training to write good copy. That's why Freelance Copywriters are often sought after by small to medium sized companies.

As a Freelance Copywriter, you will sell your writing skills to whoever needs to have good copy written be it for a promotional campaign or an in-house newsletter. You will be proficient in your chosen language (being bi-lingual is a definite plus) and you will have a way with words. You will also need to be a people person because you will be dealing first and foremost with people - your clients - and your target audience will of course be people. You will be someone who can take the concepts and ideas of your clients and describe it in words easily understood by the ordinary man-on-the-street. It helps to promote yourself by networking with advertising agencies. It also helps to advertise your writing skills with a blog or a website. That way, when you leave your business card with a potential client, they can easily browse your blogs or websites and form their own opinion of your writing skills. Freelance copywriting can be a lucrative money maker for stay-at-home moms or dads with the right skills.

Money Making Ideas 3 : Start a Fun Disco Taxi

saw this documentary on TV one day that featured a guy who transformed his taxi into a mobile disco - literally! At first, he just wanted to add a cool stereo system for his passengers to enjoy good music. One thing led to another and after countless upgrades, he ended up filling his taxi with strobe lights, a tv, mini sound mixer and even drum pads! When he drives his passengers around, he's a one-man driving and music machine. He operates his sound mixer, plays the drums and does a good job of being a DJ. What does he charge for a ride in his taxi? A hundred bucks for a 20 minute ride.

I'd like to caution you if you're seriously thinking of this as a money maker - please check with your local authorities about modifications to your vehicle. This money making idea will not be feasible in many countries. If it is though, then the idea is to register your vehicle as a public transport vehicle and start your modifications. What you want to do is think of ways to make a ride on your taxi or limo a really one-of-a-kind experience. You could turn your taxi into a mobile disco like the guy I talked about, or you could maybe turn it into a mobile movie theater or computer arcade on wheels. If your idea is truly unique, people won't be paying you for transport, they'll be paying you for a thrilling experience!

Money Making Ideas 2 : Set up a Sandwich Bar

Everyone needs a snack (or two or three) every now and then, especially when they're on the go and don't have time for a proper sit-down meal. So what better way to fill that empty gas tank than with a quickie sandwich? They're wholesome, nutricious, delicious and they're cheap. Plus... you can munch on them while you're on the go. Another great thing about sandwiches is that there is just NO limit to the types of treats you can put in them!

There are basically 3 ways you can go about this business. The first probably requires the most investment - setting up a small to medium sized store in a highly populated area, preferably with lots of office workers. Second - to set up mobile push cart of kiosk (sort of like hot-dog stand) where you can either sell your sandwiches ready-packed or you could set out your ingredients for your customers to choose. Push carts will limit your menu simply because of space constraints. The third way is to prepare your sandwiches at home and deliver them to your customers. To do it this way, you need to be located near an area densely populated with hungry folk.

Whatever type of store you choose, your success will hinge on the tasty stuff - your sandwiches. Like I said in the beginning, sandwiches can come in any and every flavor and in all sorts of shapes and sizes. Finding the right menu items will probably be a matter of trial and error as you gauge what your local clientele prefer. Add local flavors to your standard items. Throw in a mix of vegetarian sandwiches if you can too. Another idea is to offer different types of bread to please your more finnicky customers.

The biggest expense in setting up a Sandwich Bar, like any other food business is your kitchen. In many countries (for example in the US), you may be required to set up a commercial grade kitchen and have it inspected by the relevant authorities before you can open up for business. It's possible to get second hand commercial grade kitchen equipment but it's still a major cost that you have to factor into your startup expenses. You will need to find out from your local business bureau and health agencies on the laws governing food businesses in your country. In the food business, your reputation (or notoriety) can spread like wild fire through word of mouth. There are lots of ways to promote your Sandwich Bar - depending on your type of setup - from printing leaflets for local distribution to state-wide advertisements in the newspapers and magazines.

One great thing about these types of businesses is that if they have great franchise potential. If you can organize your processes, secure adequate funding and think big, then there's no reason why your Sandwich Bar can't be the next great franchise, spreading all over the world and making you loads of money.

Money Making Ideas 1 : Becoming a Home Schooling Consultant

More and more parents are considering home schooling their children as an alternative to the stressful and often maddening paper chase of regular schooling. With the increase in violence and social problems in public schools, it's understandable that parents would want to ensure that their children get the best schooling that they can in a safe and secure environment. There is also a growing acceptance in the religious community for home schooling as a means to protect fragile young minds from the "unsafe" secular teachings of the world. Even as more and more parents seek to be actively involved in their kids' daily lives, home schooling has become a welcome way to be directly involved in their personal and academic development and as a way to strengthen parent - child relationships. However, there are many types of home schooling methods and syllabus and finding the right one can be a daunting task.

Communication, organization and the ability to juggle several things at once are needed in this field. Your job will be to set up the school curriculum and schedule classes for parents who seek to teach their children at home instead of in public or private schools. You could consult for a parent who doesn't want the child in the school system for religious or intellectual reasons or whose child has to be out of schools for a long period of time due to illness or injury. If you are establishing a new curriculum, you will need the ability to evaluate the child's skill level. If you are helping the student who will be out for a long period, you will have to communicate with her school on a regular basis.

Start up is low after you have obtained your degree. Be prepared to buy books up-front and be reimbursing for them later. Charging $45 per hour on a regular basis could earn you up to $45K per year. You may need to join a national, state or local education association program in order to get a job. This business allows for excellent, high standard teaching without all the hassles of dealing with a classroom. You don't have to answer to a boss and if you find you don't care for the environment, you can quit. Networking is a definite necessity, but with enough contacts, you could find yourself with year-round work.

Money Making Ideas Friday, June 19, 2009