I sold my eBay sellers account on eBay

I sold my eBay sellers account on eBay. Susan a friend of mine at the time had this idea.

To make a website along the lines of my blog and post/sell items garage sale style kinda-like eBay. At the time I thought that was a ridiculously bad idea; little did I know or could fully understand the true genius behind this and how good of an idea this really was.

About a year before that I had more or less quit selling on eBay (about 5-6 years ago) but my friends Jeff and Susan were still selling on eBay and going very strong. I would checkout what they were doing and thought to myself, how are they making any money? I thought to myself eBay had really jumped the shark.

So recently (2013) when I sold a few items I had laying around the house and the cost to do this was upwards of 25% plus Paypal fees I knew my eBay sellers account usefulness was over. So I decided to sell my eBay sellers account.

I had already been familiar with people selling eBay and Paypal accounts from the website PayPal sucks. Dealing with eBay and PayPal for over 12 plus years I have had some interesting experiences and some priceless information that has helped me in my personal web business. eBay is only a website and comes up with some wild resolutions,  so if your going to sell on eBay then you are at the mercy of their terms and condition’s.

My experience with eBay has been when it comes down to-it eBay rules whatever favors their position; so you need to be prepared for the worst in any situation. Because you don’t know who your dealing with and quite frankly neither does eBay. I guess the only thing I can say in defense of eBay, they really have no playbook for dealing with millions of transactions in a free-trade environment.

I may have been one of the few sellers to see eBay at it’s best and it’s worst. eBay started to implement changes that really started to hurt sellers. The Power Seller exodus and start a website> http://www.powersellersunite.com/ Unfavorable terms, high fees, feedback restrictions made seller run for the hills.

These days the research I uncovered is that sellers now have to really jump over hurdles to sell online witch really seems silly, because anyone can start selling online with their own website for like $10 dollar investment and no barrier, and completely bypass eBay. I think people forget after-all eBay and Paypal are really only a website that started by selling Beanie Baby’s, without sellers and buyers, they have nothing.

Because my account was started 12 years ago and I had 100% positive feedback with 475 consumer reviews  I had establish myself for such along time I had no limits on my sellers account.

Why I sold so cheap – I sold my eBay sellers account for $1500 to (*I know this is cheap) a guy that had a good establish history. I had many offers on my eBay account, my PayPal account and even my Bank account! I had offers up to 3000+ but mostly from people with 10 feedback, or low or bad feedback, this was a concern for me. I didn’t want for this transaction togo bad on me. The info I had on selling my eBay sellers account was only what I could find published on the web and viewing what past sellers accounts sold for and that was poor at best. So I had no clue how this would turnout.

My Account SOLD! It really stated to hit me when it sold, holyshit! I put my hart and soul into my account, over the years I did my best to be a good eBayer. My motto was: I never wanted to take someones money, if they were not happy. Besides, I personally never wanted to pay for something that was miss-represented. Buying online is hard enough, alot goes into buying, mailing and waiting for the item. So I got the payment and the first thing I did was run to the bank and take out the maximum amount of money I could from my Paypal account. I started looking at my account, and stated to get worried, besides this was all my work. I have not updated my info in some time, after dealing with eBay it just became to big of risk giving them too much info, just was too much exposure, my credit card had expired, the address was 4 years old so I really had no exposure. My biggest fear was eBay shuts it down, the guy does a charge back and I am out the account, the money and left holding my dick.

What would I have done different? Because the buyer is buying my sellers account I would say the buyer has to pay the final value fee for the auction for the seller’s account. eBay has really become a different market, you can no longer sell things with thin margins.

So what happened? The transaction really went flawlessly, I was flat amazed, the seller and I got on the phone in a 3 way call with eBay support, and they made the transfer. The eBay phone support had no issue with the transfer

The American Picker Style Website [how to make money with a american pickers website]

How do the American Pickers sell all that stuff they find on TV? Probably on their own website, they are based out of Tennessee, and not everyone can visit the showroom, so how do they sell all that stuff? It may surprise you how easy it is! Let me show you!

All you need is:

    • a WordPress blog. – FREE
    • a PayPal account. – FREE
    • HOSTING for the WordPress blog – not free 🙁 but less than $5 bucks to have an online business!

And one simple Paypal shopping cart WordPress plugin and your in business, for less than one hundred dollars. You can start listing anything and everything for sale on your own. No eBay fees, you will be making your own money online. Open 7 days a week 24 hour a day just like a online garage sale.

 

Example of stuff you can sell on your WordPress blog:

This is a Skull box, I painted on a old cigar box that I purchased for just $2.00 from the cigar store around the corner from me, I love painting boxes! Now this is the important part> If you notice directly under this is picture is a buy it now button. You can sell anything!

[wp_cart:skull box:price:100.00:end] <- you can buy this box.

So if you click on this and goto the right hand side of my blog, you will see the product in the shopping cart.

I made the price $100.00 dollars so people will stop buying it! 🙂 But in the admin setting on the WordPress blog you can add shipping and handling. *With little short codes, no programming required.

How do people find it on the web?

That part is easy too!

You can also see my Storage Auction blog: here

Wanna start your online business? I make money with a WordPress blog, read my other post and see how.

 

 

Investigative Writing

Have you ever thought of yourself as an investigative writer? Think about the countless hours of research that you do from your computer. Sifting through facts and opinions to compile an exciting and organic article on the very same subject others have written on. While, all topics will be written on by various authors, how do you give yourself the upper hand and edge to stand out apart from the rest? Let me tell you a little story about what I found to be very lucrative and provided more facts than any other form of research I had done before.

One day, I was out and about running errands in town and decided to get an oil change with some money I had left over from the bills. As I waited, I pondered on types of articles I could create just from my day in town. The longer I sat there the more I thought about writing about these automotive men; what they did, how much they were paid, type of degrees and experience it takes in their field, etc. Then, I thought about how much research it would take to figure all that out, as I have never really gotten into the automotive sector in my writing.

With my creativity flowing and the overwhelming urge to write, I decided to put that creativity to use. If I wanted to research, what better place to do it than right where I am; in the heart of where it’s all happening. There was no better place than this automotive garage to gather my facts to comprise a masterpiece, but how? Then it came to me, investigative writing. Act like a real life reporter. Question those who are actually doing the job. Here they are right in front of me.

So, this is what I did. They were actually open to the idea and some felt like superstars for being interviewed; a win/win situation all the way around. I interviewed 3 to 4 of the current employees who, were from all walks of life with a common denominator of an interest. I asked about their jobs, salary, work environment, education and home life. No more than about 10 minutes with each of them and I had a notebook full of powerful information. No website was going to give me this firsthand information. I headed home and wrote a great article that attracts endless amounts of traffic. I receive emails from countless people about my article and have landed some jobs from it as well.

Now, when I am out and about, I try to ask more questions and get a feel for people and their jobs. This assists me in my writing, regardless of the subject. You never know where your next great article or eBook will come from. The possibilities are endless.

All it takes is a little initiative on your part to become an investigative writer. Think of it like talking to a friend. Don’t overcrowd your head with thoughts of pulling of a masterpiece; simply look at it as putting together the facts for people. Facts from first hand experiences. Become your own PI and jump into a new realm of possibilities through your writing. It’s invigorating, energizing and good for the soul. Too often, many writers become less social while trying to earn their bucks. This will also give you that opportunity to get out and socialize with others, all the while working on your next article. After all, where do you think the newspapers learn about their subjects? Sure, some are researched on the web but, others are recorded from talking with those who have first hand experience in any given area.

Don’t rule out the possibility of using this method of research and it doesn’t have to take away from anything. If you are already out running errands, you can simply gather your info from the places that you are visiting. Try it and you might be surprised by the results.

Forget Esurance

In today’s economy, we are often looking for a great deal or discount, anywhere we can find one. Insurance is no different and is often a very costly monthly expense for many families. Researching to find the right insurance company for your situation can result in endless hours and quotes.

Find the right quote is like hitting the lottery, or is it? Some will beg to differ with you. For instance, let’s look at Esurance. This is an insurance company that is backed by one of the nation’s largest and most trusted insurance agencies around, Allstate. Think about it, it’s kind of like Old Navy and Gap; same great look for a fraction of the cost. Why would we think that Allstate would put their name on something that isn’t beneficial to its consumers? Inevitably, instant trust is formed. Great for Esurance, but is it great for consumers?

Esurance provides immediate, hassle free discounted quotes with a few clicks of the mouse. No trying to translate what someone from the company is trying to say through very broken English; in fact… it is all there in black and white. Perfect! The discounts given to new customers are extensive and very appealing. If you decided to get on the phone with Esurance, you would also see, that you initial conversation in regards to purchasing an insurance policy is nothing but fantastic; everything is perfect!

Should you decide to purchase that policy from Esurance, you will soon find out what they are worth. Through your extremely low discounted premium that you were quoted, you receive equal to lesser in service from Esurance. Not so appealing now, I know.

This bottom of the barrel company tends to have a cycle for which they feel they need to “further investigate” or the DMV reports something that may or may not be your fault and in turn, your premium sky rockets for which you have been charged… Though, you are given the chance to prove your case; you are guilty until proven innocent with this company. In the case that you are able to prove that an increase of charges is unjustified pending Esurance’s claim, you call them back and provide the necessary documentation to only find out that you will only receive a partial refund of the total amount that you should have never been charged. Don’t get discouraged, it happens to everyone, even the loyal customers for 10+ years have gone through something of this sort.

Also, whatever you do, do NOT go through more than a few cars in a fast period of time, for any reason. Say that you are experiencing problems purchasing a new used car from a local dealer and have had to take it back and trade out a few times. You are required to have insurance on your vehicles while driving, but that doesn’t always make it the right choice. Should you add and cancel, more than a few cars within a small window of time, you will then have to prove to Esurance that you are not a used car dealer. Though, they cannot prove that you are a used car dealer, you will need to somehow prove that you are not a used car dealer. Guilty until proven innocent and don’t think that any charges will stop; they will not only continue, but increase.

So, let’s review; Esurance not only provides you temporary premiums, but they provide your horrible service and treat you like you practice insurance fraud. Don’t believe me, do your homework and check out the company. The choice is yours, but be sure that you take the time to research their endless promises that will only be broken in the future. In my opinion formed from experience, this is the worst insurance company available to consumers!

Buy content for your WordPress blog.

Are you looking for content for your website or WordPress blog? I offer creative writing content services for website owners, bloggers. I even love todo blog swaps. I offer a wide range of subjects to meet your WordPress blogging needs. I am a creative writer that has many great ideas. It’s the truly great ideas that are leading the internet today.

Is Scott right for your writing project? 

 

Cash receipt exchange [website business idea]

What is Cash Receipt Exchange?

There is little doubt of the importance of the receipt. It is easily the most important business idea of the 19th, 20th and 21st centuries. Indeed, the receipt is a powerful document. It is proof of purchase, expense, a paper trail. It is necessary for a refund or to prove expenses. An idea as powerful as the cash receipt is the ability of people from all over the world to easily share information. Cash Receipt Exchange is the marriage of these two powerful ideas. A community of individuals concerned with maintenance of their cash receipts.

Why Cash Receipts?

We have discovered, in this information age that many of our transactions are conducted with debit and credit cards. We can easily access these records through our banks and credit card statements. You, like us, easily manage proof of purchases you make electronically. Our cash receipts often slip through our fingers and are forever lost, unable to prove that expense. Cash Receipt Exchange creates a digital paper trail for cash purchases.

Here’s how it works:

If you need to maintain receipts, you upload your cash receipts. Because all of your uploads are viewable by the other members of the community, we request that you don’t post receipts made by credit cards, debit cards or that have personal information on them.

If, for instance, you are curious what a meal for two in New York City costs, you can view a cash receipt. If you need to know what a tank of gasoline costs in Albuquerque, you can search the database for a relevant receipt. Additionally, you have the peace of mind, that should you need it for any reason, your cash receipt uploaded is safely available you’re your retrieval at the appropriate time. Simple. Now you have the opportunity to consolidate all of your cash receipts in a centralized, online storage service. No more shoeboxes overflowing with receipts.

Understanding Micro lending and Microfinance

Micro lending and microfinance are two terms that are often used interchangeably.  Micro lending is making a small loan through a micro finance company to a poor individual from an emerging or third world country.  Microfinance companies establish a local contact in various emerging and third world countries, such as Armenia, Azerbaijan, Bolivia, Cambodia, Ecuador, Honduras, Indonesia, Mozambique, and other countries. Individuals with business ideas that they cannot afford to start on their own, apply to the microfinance company for a loan.  If the microfinance company thinks the idea is good, they put it out into their network of investors and seek microloans.  In the traditional world of finance, a loan of $500 would be unthinkable.  There’s not enough money involved to cover the processing of such a small loan.  But in the microfinance, a loan of $500 could be just enough to get a new business started in Bolivia that improves the local economy and the life of a family that will work that business.  Micro lending relies upon investors that are willing to make a small loan.  The investor has the opportunity for the possibility of a good result with minimal risk.  For most investors, a loss of $500 is not something they would like, but it’s not going to force them into bankruptcy either.  The Microfinance company obtains a guarantee from the entrepreneur, maintains contact, collects the payments and forwards the returns to the investor.  Really, the world of microfinance and micro lending offer a win-win situation for all involved.  Microfinance offers smaller investors or larger investors looking to diversify, a tremendous opportunity to give back to the world.  Micro lending also offers a tremendous opportunity for entrepreneurs that otherwise could not afford to start a business, a new lease on life.  Once they’ve repaid their micro loan, they are creating new economies in places desperate for any new economy.  Microlending is truly a good thing and will become even more popular as the word gets out about all of the fantastic benefits that microlending and microfinance are providing to all involved.

Splogger Problem Solved – How to REALLY stop the splogger sign-up on the WordPress bb forum plugin

If the WordPress bb Forum is not the poorest developed thing out-there surrounding WordPress CMS, I am not sure what-is!! This bbpress  WordPress forum plugin fucking BLOWS, or in technical terms has very weak security for it’s signup form! None of the splogger plugins like WangGuard works to really stop the splogger sign-ups at-all. The good news  is I have a fix that works 100% and stops them all! It stops Splogger in their tracks!

First thing I want to point out is – NONE of the WordPress plugins TRYING TO STOP SPLOGGER SIGN-UPS work, because from what I could tell the splogger sign-ups where being emailed in, the programming and the security is so weak on the sign-page on the WordPress bb forum, the sign-ups can just by-pass the signup and be emailed in or skipped in somehow. If I sound a little tense rightnow, it’s because these splogger sign-ups was such a nightmare to deal with in the first-place, I knew other people had to be dealing with the vary same issue.

The first thing I had todo to stop splogger sign-ups I had to actually delete the sign-up files for the WordPress bb forum plugin, as-it-turns-out this was the only way to actually make the splogger sign-ups to STOP happening. This attack was very abusive!! Because up-to that point, we had been unsuccessful at stopping the sign-ups with any type of real success. That is how abusive this Splogger sign up attack was! So I had to engineer a way to stop them, but still allow “the real” people to signup. So what I did is just by-pass the WordPress bb sign-up page, and redirect them to the onboard WordPress sign-up page that regular WordPress users, and using the WordPress sign up plugin pie sign-up form, thinking that this signup has more security to block these splogger sign-ups , with the assistance of plugins like “Stop Spammers” and “Akismet” that have stronger grip on the onboard WordPress signup.

If you like this fix plz add google plus for me.. thanks again.

UPDATE TO THIS STORY – I have had very good success with this!

 

 

Scott R. Asher designs top quality white WordPress magazine themes.

Designing the right WordPress theme can sometimes present their challenges. To create a lucrative website or online magazine, you must first completely understand what it takes and how to maneuver throughout WordPress. This is where Scott R. Asher comes in. As a highly qualified WordPress designer who specializes in Magazine Themes on WordPress, he has the skills and experience to get you where you need to be. Each intricate detail is finely combed over by Scott prior to your readers being exposed to your magazine. No matter the genre of materials you are hoping to publish in your online magazine, Scott can find and customize the perfect theme for you.

When thinking of hiring a WordPress magazine theme designer, it is important to think about experience. While, it is understandable that much of our sourced out works are budget influenced; you also need to think about the old saying that “you get what you pay for”. Too often, people are lured into a transaction with a designer of sorts due to costs. This is where many find themselves in trouble and often spending more money than they ever intended to. For example, you purchase the services of a self acclaimed WordPress magazine theme designer, go over what your thoughts are on a finished product, pay your fees, then sit back and wait on delivery. You get your product back by the specified deadline, but it is nothing like you were hoping. As a matter of fact, it is pretty general and something even the most WP illiterate person could have created. You find yourself fast approaching your magazine’s launch date and still do not have the largest piece to that puzzle. This is where a seasoned professional like Scott would then come in. Unfortunately, you will then have to pay him for his services as well. This in essence, will cost you more money in the long run in the launching of your site.

 It is important to consider other factors rather than strictly costs associated with a designer. You should consider the experience a designer can PROVE to have, see samples of previous work, testimonials from other clients and proven success rates of sites built. Scott has all of these. He may cost a bit more than the “other guys”, but that is because he knows what it takes to design and customize the perfect WordPress magazine template for your site.

To produce a phenomenal online magazine, it starts with a good designer. Scott has been in this business for years and has seen many consumers taken advantage of in terms of their money versus the product received. He is equipped with all the necessary tool, knowledge and field experience to exceed your expectations for your online magazine.

Scott is seasoned in both new online magazine launches and revamping existing sites. He can provide a great turn around and an eye catching finished product. Taking pride in his work, Scott is a no nonsense magazine template designer that can help you attract the readers you are looking for.  Showcase your content with a great online presence from his great designing abilities.

Buy one of Scott’s WordPress magazine themes:
[wp_cart:WordPress magazine theme:price:500.00:end]

*please note this is only for the PSD files.

add coding
[wp_cart:WordPress magazine theme w coding:price:750.00:end]

 

15 Popular and Useful WordPress Widgets…

Widgets are addicting. Not only are they fun, but they help to enhance usability and friendliness of any widget friendly WordPress theme. Also, in many instances, they give an instant facelift to your blog. The best part, you can find many of them FREE!

Show off your creativity, gets your readers more involved and/or send them to your social networking site for updates, steals and deals all with the use of WordPress widgets. WordPress even walks you through how and where to place widgets on your widget friendly theme. Yep, it’s really that simple.

No matter your niche or whether you are selling products, blogging about life, selling your services or host an informational website, there are widgets for you.

  1. YouTube Channel Widget– Whether or not you host your own YouTube Channel; this is a great widget addition to any site. From music to tutorials, you can have instant access to videos right on your own website. All you have to do it insert the widget into your sidebar, edit channel name and let the rest default. That’s it! Rock out or learn just about anything right from your own WordPress site.
  2. Sidebar and Widget Manager for WordPress– This nifty tool allows for the control of what widget will be shown and where it will be shown. It also gives you the capability to uniquely layout a page using your widgets of choice.
  3. Navigation Menu Widget– Gives you control over the output of menus. This widget is considered to be an advanced widget. It displays your menus as lists.
  4. WordPress Widget Ninja– Gives you the ability to control your widget visibility based on your conditional tags. This widget eliminates the need for multiple sidebars and allows you to customize placement of your widgets.
  5. Custom WordPress Widget Areas– Need unlimited amounts of sidebars? This is the widget that will help you create them. With the use of Shortcodes, you are given the ability to configure your side bars by placing widgets inside of page content.
  6. Popular Posts Bar Widget– Keep your readers up to date with the most popular and hot topics on your site. This widget allows you to customer create your list.
  7. Authors Widget– Display your entourage of authors for your WordPress site with this widget. You can list them via a list or cloud, along with avatars, RSS feed subscriptions, and number of posts. Your readers will enjoy this.
  8. SEO Tag Cloud Widget– Use a search engine optimized html marked up cloud to display tags. This can add appeal to any site.
  9. Pinterest Pinboard Widget– Join in on the Pinning craze with this widget. Don’t miss this hot social media outlet by not having this widget on your website. It displays your latest Pinterest Pins with thumbnails.
  10. Advanced Categories WordPress Widget– Take total control over the output of your categories. It displays your categories as links.
  11. FCChat Widget– Connect directly with your readers and customers. Through video conferencing, instant messaging and carious other chat features, your readers can reach you to find out more information on any given topic.
  12. AddThis– is a social bookmarking widget. It allows visitors to bookmark and share with others. Another great way to network.
  13. Fancy Text WordPress Widget– Popular with many modern web designs or other fun and catchy themes, this widget offers a refreshing way to grab the attention of your visitors with these post it like notes.
  14. 5Sec Content Scroller– Add a content scroll to your site. This is a fun way to keep the attention on a few posts as opposed to the last post.
  15. WordPress Widget Bundle– A combination of 9 of the most used WordPress widgets/shortcodes. Customizable with various views and templates.

No matter the style or nature of your website, WordPress widgets are exceptional tools for any blog. Many are FREE while, some are premier and require purchase, each can be used and customize easily. WordPress also offers many tutorials for their widgets to make them easier to utilize.

Brighten up your site with these fun and trendy tools. Try them; you’ll be glad that you did.

3 easy ways to make money with WordPress

If you are looking to stand out apart from your competition, WordPress is certainly the platform to get you there. Not only is it user friendly but there are so many things to customize and make personable in regards to your specific niche. WordPress feels like more fun than work, when you get the hang of it.

Most people who are just starting in a business website or blog are looking to earn any way that they can. WordPress allows you to do this very thing in a variety of ways. Once you have decided on a plan of action, it is merely time to get a website or blog up and running. This is the easy and/or fun part of things.

Let’s go over a few of the basics in regards to putting a great website together on WordPress. These tips are set fourth in general with no specific niche in mind and are almost fool proof for every niche.

Traffic- it is important build a social network of blogging buddies via, comments, guest posting and activity. It is a huge plus to not only have readership and their activeness on your blog but other influential members of the blogging community.
Research and understanding of your niche. Research is a critical aspect of blogging. When starting a blog or web based business, it is important for you to be considered legit and an expert within your specific niche. You will need to stay on top of the latest news and trends within the niche.
Consistency- this is another critical aspect of your new site. Readers will not frequent your site if you the same unpolished content up for months at a time. You need fresh, crisp, quality and interactive posts. Posting daily is not necessary though okay but, it is important to keep a strict schedule for posting new content. The search engines like this.
Optimize- keywords, keywords, keywords. Keywords are a large part in how the search engines find you and report back to an internet searcher. Back linking and proper placement of keywords within your article and its title, your site may be easier to find.

Once you have the concept down, you are ready to jump into figuring out how to earn. Whether or not, you provide a service, specific product or are strictly an informative website, these three ways of earning on WordPress can work for you.

1. Adsense- One effective way to earning money regularly is through Google Adsense. This program posts relevant ads onto your site. If you have a steady and large amount of visitors, this will be very lucrative. If you have a brand new website or are still gaining traffic, you are still able to make money but it may be lower numbers until you build up more traffic. The Google Adsense program pays per visitor click from your website.
2. Affiliate Marketing- another lucrative way to earn money through WordPress. Though, you are selling other people’s products this way, you have the ability to choose the products in most cases like with Amazon Associates. This allows you to keep everything related to your niche and not turn potential readers in a state of confusion or completely different direction. To be a top earner, traffic to your blog will be essential.
3. Direct Advertisements- advertising directly for another company or individual can be highly lucrative. You again, will be selling and promoting someone else’s products or services, you have the potential to make a great income from doing so.

No matter the method(s) you choose to earn through WordPress, you can make each work specifically for you. And, don’t worry, if you are selling homemade orange juice, the advertisements would not be about foot cream. It is all relivent to your site.

Also, it takes great readership of a site to make top profit. The more clicks you get the more money making potential that you have to earn. WordPress is set up so that it is very user friendly and comfortable to move about. The settings of ads, etc will be important and WordPress can help you to eliminate a cluttered site. Everything is one hundred percent customizable. Once your site is set up, set your schedule for posts and sit back, WordPress can do the rest.

How to become a overseas business investment company

You don’t have to be a millionaire to start an international company. Micro lending is a strong emerging industry. Micro lending serves to be a great advantage to developing countries with citizens who are in dire need of financial assistance. This method could stimulate the economies of these countries – and your own bank account.

Micro lending is also known as micro finance or micro credit. This generally refers to the process of extending small loans to less fortunate people, usually in other countries. These loans are primarily intended to assist people in starting their own businesses or expanding an existing one. This practice began in Bangladesh in the 1970s. Now it is mostly done in countries outside of the US, but the prospect is expanding. Micro Lending allows poor, unemployed, or otherwise incapable people to engage in self-employment and business projects. This industry serves to be a secret goldmine for those wishing to generate extra income while also helping to stimulate the economy and assist the poor. It is one of the few ways to help others while helping yourself. These people are also able to generate their own income and to be independent, possibly improving their financial situation. Most of these people also have families and overdue bills to take care of. When they are able to pay their own bills and establish a disposable income, the economy reaches a growth spurt. Their standard of living also improves dramatically. A recent study of this industry revealed that there are about ten thousand Micro Lending companies in the United States. The study also reveals that the poverty of the customers does not determine profitability. The key is to develop loan portfolios which are designed to keep default rates at a minimum or, hopefully, nonexistent levels. The report foresees consolidation of these micro lending institutions as well as down-scaling of large lending institutions. One of the most prominent Micro Lenders is Muhammad Yunus. Yunus has received the Nobel Peace Prize for his successful and altruistic enterprise, the Grameen Bank. Investing only $27 to many women in Bangladesh, Yunus has helped to save women from high-interest rates. These women have been able to use these micro loans to jump-start their businesses and help support their families. The Grameen Bank has a 98 per cent repayment rate. The bank is now worth over 2.5 billion dollars. Yunus is a prime example of the opportunities available by giving small loans to poor people and allowing them to help themselves.

  • Unemployed people
  • Poor people
  • People who don’t have credit or collateral
  • People wishing or struggling to start a businesses
  • Families and people needing income

Even though there are millions of people below the poverty line in the United States, it is difficult to sell micro lending to US customers for various reasons:

1. There is easy access to loans even if you’re poor.
2. Loans interest rate caps are higher in the United States.
3. Costs of marketing and service are higher. However, if you offer micro lending overseas, you can gain through double or triple interest.

Of course, the interest you should offer must always be lower than the interest people overseas would get from local loan sharks. Otherwise, they would opt for these local lenders. Being competitive by offering lower interest rates will allow them to come to you for these loans. The interest rates vary with each country. These rates vary from 20% to 90% depending on the country from which the borrower resides in. This is a great way to earn money and help people. A Micro Lender can offer seemingly small funds such as $100, $200, and even $25 to people in great need of these services. Then when the people begin to build their businesses and generate income, they pay back your loan amount plus your competitive interest rate.

1. Decide the amount of money you will be able to loan at a time ($25, $100, etc.)
2. Establish a no-tolerance policy for late/missed repayments<
3. Establish areas you will be lending to
4. Establish a competitive interest rate
5. After a previously set date, make sure loans and interest are paid back (2 weeks, 30 days, etc.)
6. Collect money and make profit!

Before you give out loans, make sure to interview the clients and make sure they will be capable to pay the money back to you in a reasonable amount of time. Setting up a weekly or bi-weekly payment schedule works for both sides and is easier than getting one larger sum back to you. You may also consider adding to the repayment amount any fees you may have during the sending and processing of the money, such as postage and handling, especially to foreign areas.

It is a good idea to set up an organized system for tracking who and when you give loans to, as well as how much the loan was and how much the interest rate will be. That way, you will know when loans are due at what times and when it is time to start requesting your money if a client is late. You can do this easily from a simple Word Document, Excel, or any other software depending on your computer skills. Good Luck! Micro Lending is a great way to make revenue on the side of your existing job or business, and it serves a great cause to less fortunate people. Simply, it’s a “win-win” situation, with an added benefit of good karma on your side. With loans being small increments, and careful consideration to the people you loan money to, there is little to no risk of loss, and most people receiving these loans are grateful for your services and will always repay the loans back. If you concentrate your services to a small area, your profits are surely going to skyrocket.

The word economy describes a monetary system that encompasses a group of people, resources, land, production and consumption of goods. If you’re discussing the world economy, you’re talking in terms of macro economy. If you’re talking about your household budget, you’re talking in terms of micro economy. The economy of the United States is a macro economy. The economy of a country like Zimbabwe might be better characterized as a micro economy. The economy of a village in Zimbabwe might not even rise to the level of a micro economy. No economy is perhaps a better characterization. A macro economy improves when the individuals comprising its economy can participate in the greater economy around them. Therefore, the world economy is better off if Zimbabwe and the multitude of third world and emerging countries similarly situated can participate. But how can they participate when they cannot provide themselves with clean drinking water and nutritious food to eat? The short answer is they can’t – that is until they were introduced to the brilliant idea that is micro lending.

In short, micro lending is just like traditional lending that we’re familiar with such as getting a loan to buy a car, a house or a new television set. It’s just that micro lending is significantly smaller loans to people who otherwise could not receive a traditional loan. The type of loan these poor individuals are seeking is to start small businesses to provide for their families. There are no payday loan huts in Zimbabwe – no easy credit car loans on every corner. With such a dismal economy, the rest of the world is lucky they haven’t all decided to get on boats and flee to the shores of greener pastures. Here’s where micro lending has the potential to make a huge difference in the microeconomies of third world countries. The Peace Corps just came through an area and taught some villagers how to grow a vegetable. The Peace Corps left and now the villagers have run out of seeds, fertilizer and they need these supplies to continue commerce surrounding the sale of their produce. The villagers can appeal to a microfinance company locally. They meet and discuss the terms of the loan, their past performance and how much they need to make their venture successful. The micro lending company evaluates the proposal and seeks investments from individuals that see the value in this type of loan and are willing to accept some risk. The venture might not succeed but if it does, it not only benefits the microeconomy of the villagers but the economy of their country and the macro economy of the world. Micro lending is truly a unique situation which by benefiting poorer individuals, everyone becomes richer. Micro lending is worthy of your further investigation. It provides an opportunity to give back and increase your personal good fortune.

Micro lending and microfinance are two terms that are often used interchangeably. Micro lending is making a small loan through a microfinance company to a poor individual from an emerging or third world country. Microfinance companies establish a local contact in various emerging and third world countries, such as Armenia, Azerbaijan, Bolivia, Cambodia, Ecuador, Honduras, Indonesia, Mozambique, and other countries. Individuals with business ideas that they cannot afford to start on their own, apply to the microfinance company for a microloan. If the microfinance company thinks the idea is good, they put it out into their network of investors and seek investments. In the traditional world of finance, a loan of $500 would be unthinkable. There’s not enough money involved to cover the processing of such a small loan. But in the world of microfinance, a loan of $500 could be just enough to get a new business started in Bolivia that improves the local economy and the life of a family that will work that business. Micro lending relies upon investors that are willing to make such a small loan. The investor has the opportunity for the possibility of a good result with minimal risk. For most investors, a loss of $500 is not something they would like, but it’s not going to force them into bankruptcy either. The Microfinance Company obtains a guarantee from the entrepreneur, maintains contact, collects the payments and forwards the returns to the investor. In reality, the world of microfinance and micro lending offer a win-win situation for all involved. Microfinance offers smaller investors or larger investors looking to diversify, a tremendous opportunity to give back to the world. Micro lending also offers a real opportunity for entrepreneurs that otherwise could not afford to start a business, a new lease on life. Once they’ve repaid their microloan, they are creating new economies in places desperate for any economy whatsoever. Micro lending is truly a good thing and will become even more popular as the word gets out about all of the fantastic benefits that micro lending and microfinance are providing to all involved.

One thing to consider if you live in the United States and are thinking of starting your own microfinance company serving other countries is the difference in currency between countries. As the aforementioned states, you will pick and choose your budget and how much you care to lend but, this may make a difference as to what countries you lend to. The American dollar may be double the other countries dollar or may be less. Anything will help many of these people seeking your services but you want to ensure the exact amount your dollars are worth. Here are a few examples of why:

Interest rates may increase or decrease pending the total amount loaned in various countries. Your $100.00 investment could mean they are receiving $1000.00. This means that you could collect more interest on the total loan amount. This would increase your chances of making money,
This may affect the amount of time you give each person to pay back the total loan amount. It may be impossible to give a two week time frame for loan repayment on $1000.00 loans.
Your criteria may need to change as a whole. If you are funding someone in hopes of starting a business, the business plans and profit margins may affect whether or not you should loan the money. It may be best to stick to loans under $1000.00 until credit is established with you in regards to repayment.

Establish a website for communication and easy payment handling. WordPress is likely to be the best platform for this. Set it up with a shopping cart and easy to use system for repayment. This may allow for quicker payments from your customers. Snail mail is not an option when dealing with foreign companies. A WordPress site is easy to set up and very user friendly and interactive with the right plug-in and widgets. It would be a great idea to send out an informational sheet on how to repay and what forms of payment are allowed on your website. This will help to keep things running as smooth as possible. Be sure that any customers your have, understand how to utilize your WordPress site to ensure prompt and accurate payments. Check into what the countries local loan companies are doing in regards to repayment plans and how to pay, etc.

It is always great to lend a helping hand to others and be able to rake a few bucks in but, it is also to protect yourself with each investment. Small investments are strongly encouraged when starting your own new micro lending company. It is also wise to understand what any over seas companies may be using as a strategy. These companies are local in these countries and have a better understanding of their people. This is also a large part of researching to stay competitive with the overseas companies. It may increase your chances of becoming a larger player in this international lending tree.

Unemployed? Scott R. Asher shares how to make money with a personal WordPress blog.

In recent years, so many people have been unemployed and for a long durations. It is not easy to get your foot back in the door of the work force and this forces many to get creative in finding ways to earn money. There are a variety of ways to make money and one is through blogs and websites using programs like, WordPress. To those of us already in the business, WordPress is a way of life. For those that are looking for a way to earn some cash without spending a ton out of pocket, WordPress is a great step forward. The best part about it is you do not necessarily have to be a website developer to utilize this fantastic money making tool.

There are many angles to making money using WordPress. Whether you blog about your backyard barbeques or have a product to sell, WordPress has the right themes and set up for you to start earning in no time. While, it may not happen over night, there is massive potential to earning using WordPress’s platform.

Here are a few methods to success with WordPress:

Selling your own products, whether you have a product that is informational, freelance services or a physical product that a consumer can purchase; a WordPress blog is a great and very beneficial option for you. It is understandable that since you have been unemployed, money is tight and you may not have a lot to put into a business right away. WordPress offers a free platform for users. While, I would recommend self-hosting your blog through platforms like HostGator, WordPress leaves that decision up to you. Either platform you choose with WordPress will give you endless options. There are an abundance of great perks to a self-hosted WordPress such as, plug-ins for shopping carts and so much more. Using WordPress to spread the word about your product or service is as effective as old fashioned word of mouth business. Not only can you build a reputation locally, your business has to the potential to reach other countries, not just counties. You can also become an affiliate for a variety of places or products, use Adsense or advertise directly for other businesses or products, on your blog. This also helps to generate additional profit for you.

Direct Advertising on your blog can be very lucrative. Though, this is typically used on an established blog, this is certainly something to work towards. These are ad spaces that are bought by various companies to advertise on and spread the word about their company. Companies looking to advertise will choose blogs that have been in place for a good length of time and have a good amount of traffic. If you by chance pick up and advertiser for your blog early on in the game, you may not get top dollar for your ad spaces. Once you hit higher ranks, you are then in a position to negotiate pricing for your ad space. This can also be a great source of income once you are in the proper position.

Amazon associates- is one of the most popular ways to earn with WordPress blogs. Amazon offers multitudes of products to consumers. No matter the subject of your blog, chances are you can find products to advertise and sell on your blog. You earn a percentage from each Amazon sale. This is an easy money maker to incorporate into each of your blog posts and anywhere on your site.

Google Adsense is another popular money maker via WordPress blogs. Once installed onto your WordPress blog, Google Adsense then displays relevant ads throughout your blog. Each ad is a chance for you to earn a percentage for each CLICK of an ad from your visitors.

Affiliate marketing is another powerful and popular earning tool on many top earning WordPress blogs today. Affiliate marketing is simply that of advertising other people’s products on your blog. Each sale can earn you percentages that will increase as your blog gains popularity.

No matter the tools or plug ins that you use, one common denominator for having a successful blog to earn with is, Content. It is important to not only have words to read but to have enjoyable, interactive, organic and quality articles posted onto your blog. It is also highly important to ensure that you are consistent with your posting. A fun, crisp theme and catchy photos will also entice readers to stay for a while and see what you are about.

Get into blogging communities and see what it is all about! Start your road to financial freedom, one click at a time.