Saturday, December 27, 2008

My Latest Venture

I'm trying to earn extra income, so I have decided to try and sell books on Amazon. I have a friend who is doing it and she made 4K last month, her highest month ever. I figured I would start out selling books and CD's from around the house and try and earn enough money to buy a book scanner, which is some kind of PDA device that you can use to scan book ISBN numbers and see how much you can get for the book at Amazon. I don't even know what this scanner is called, but according to my friend, its the key to making the profits. But I am not going to buy it until I earn enough off the sales to buy it, since I don't want to allocate any money to additional purchases required for money-making schemes. I will definately buy it if I can earn the money from selling my books, but not right now. I just sold my first item, and I made 11.83, minus $2.23 for shipping, so thats $9.60 from one item. So you see, If I could average 10 bucks an item, 20 items a day would be 200 extra bucks a day. Thats what I am shooting for. The beauty of the amazon book business is it doesn't cost anything to get started. Just list some books and CD's you don't really use anymore, and start the money flow going. I'll pick up more books at the goodwill and garage sales once my inventory at home sells out. I currently have 11 items listed.

Tuesday, December 9, 2008

Wandering Around the Internet

Okay, so I admit I am at work and I spent a little time looking for passive income opportunities online. There are so many ways to make a little money out there, and all of them claim to be "the one." I really can't decide at this point if any of them are really worth spending time on. Some people say you should just pick one affiliate program and stick with it and other people say work them all through something like an information website or through your blog. Its definately a vast sea of opportunity out there in cyberspace. Affiliate programs, ebook sales, adsense, t-shirt and product sales, dropshippers.....how does one choose?