It has been awhile since I have updated my Business Fusion Blog. I have since opened a traditional franchise and I am about to start another software product that I am thinking is going to flourish in the market and will hopefully be recognized my many corporations for years to come. We will talk about this as the days unfold. I still have the same inspiration I had when I first started this blog and I need to start sharing my experiences more often cause I think I am finding all the little buckets of income that I have been desiring to obtain. Again, I would like to reiterate that my goal is not to be RICH, cause honestly having my family and those I hold dear in my heart is all I need to be considered RICH. What I am searching for is RESIDUAL income. The whole Rich Dad Poor Dad syndrome is still in me and I am not going to stop till that day comes.
Alright, so let me get to the point in regards to this blog. I have always said that it is always good to keep your options open and to always listen to what presents itself to you on daily basis. From my previous blogs I talked about opening up a Travel Agency to take advantage of the tax benefits, and indeed there is a place for that type of business. I enrolled in the YTB network and there is definitely a niche for that market and there are opportunities to make a good residual income but it still boils down to getting people to start their own business and making sure your TEAM stays afloat. If your team falls apart the main money flow will slow down. If you don't have any other business entity in your life, then YTB or some kind of travel agency is definitely a great way to take advantage of the tax benefits and have the opportunity to write some things off in a big way. I have invested in many different investment vehicles but I will never close the door 100% in exploring NETWORK businesses that are out there. Thus, the next topic of discussion is where I go into a new interesting BUSINESS breed that I have been experimenting on for the past 2.5 months.
Ladies and Gentlemen, let me introduce you to something called an Advertising Social Network. When businesses create an online presence (i.e. www.xxx.com). They want to push people to hit their website and hopefully in return get some business out of all the people hitting their websites. Traditional Online advertising dollars are spent using Google Adwords. There are no guarantees that you are going to get any business out of this vehicle, but there is a guarantee that you are going to pay for every person that hits your link on the adwords that are presented on googles side crumbline. Not a bad way to advertise, but there are not chances to get your money back. Once it is paid it goes BYE BYE! The business I am trying out is called the ASD (Ad Surf Daily) Cash Generator. What they have done is to allow people to put their business web sites on a Social Advertising wheel. You invest into advertising on this wheel like all the other traditional online advertising, but here is the twist. ASD offers a way to get a rebate on the dollars you spend. How do you get these rebates? Well you have to view X amount of web pages a day to qualify for a rebate and those rebates only get paid if certain conditions are met. This is a phenomenal model and if you stay tune for the next blog I will share more on how you can make money with this model! Remember all my blogs will be about opportunities to find buckets of income and not one to get you FILTHY rich....very far and few between. Let me end this PART I blog by saying this business model will allow you to get to take advantage of compound interest and make 1% daily on your money. Much more than I am making on my 401K these days :-(
REMEMBER my teaser is 1% compounded daily on your money!!!
If you can't wait for my next blog...go to the following link to get more information:
www.mywealthbuilding.com
Make it a great day!!!!!
Sunday, June 15, 2008
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