Ways to Make Extra Money by Adam Mortimer

Ways to Make Extra Money

There are many ways to bring in some extra cash. There are a lot of companies out there that claim that you can sit in a hammock and sip lemon aid and somehow generate thousands of dollars a day. Beware of the scams that are out there. I would like to talk a little bit about what we offer here at Prosper. There are four basic streams of income that we focus on, the streams are as follows: ecommerce, entrepreneurship, stock market investing and real estate investing. There is a lot of money to be made in each of these areas if you are willing to put in the time and dedication to succeed. I recommend finding something that you really enjoy doing. Ecommerce is an attractive choice for a lot of people because of the low start up cost. If you are interested in eBay make sure to take our eBay 101 and eBay 102 classes. Starting your own business is a dream of a lot of our students. If you want to start a successful business, it is important that you set up the proper business plan. To work on setting up a good business plan you can go to sba.com and startupnation.com. It can be a good idea to start small and scale up as you see some success. Real estate investing can be complex and very costly, it can be done without using you own money. You can find good deals and get paid for what you have found. It is a technique called wholesaling it does not take a lot of money to do something like this. You are basically finding the good deals and you are putting those deals under contract. Once you have put the property under contract you can assign that contract over to another investor and you collect a nice profit on the sale of the contract. Stock market investing is one of my personal favorites. Most people thing that you need a lot of money to get started with stock market investing and this is simply not true. You can start with a very small amount of money and you can make a lot of money doing it. You are using the power of leverage to your advantage. If you are interested in getting started in any of the areas that I have mentions make sure you take some of the getting started classes in the success center.

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