Money Making Schemes

Nagesh answers:

How long it will take is not dependent on qualification or number of jobs – it’s a function of hours worked by pay rate per hour.

Let’s assume that you can’t earn any more than minimum wage. That’s $7.79 in Florida. Let’s also assume you want to work a lot of hours per day (12 is about max to remain healthy), 5 days per week. (which will make you very tired). Keeping in mind that you only get “overtime” if you work over 40 hours with one employer – they don’t add up all of your jobs to calculate it. 12 hours per day, 5 days per week, $7.79 per hour = $467.40 [gross, before taxes and withholdings] per week or $2,025.40 per month. Not too shabby money for “no qualifications or experience” and that’s minimum wage.

Let’s say the idea of 12 hour days doesn’t appeal to you and you’d rather do a typical 30-40 hour work week. 35 * 7.79 = $272.65 per week before taxes and withholding. $1,181 per month. Not great money but not too bad a place for a single person to start with no quals and no experience. And, that too is “minimum wage”

What if you could find $10 per hour for 35 hours per week? $350 per week. $1516.67 per month. Much nicer.

Now, what if you can’t find much at all and can only work about 20 hours per week for minimum wage? 20 * $7.79 = $155.80 per week or $675.13 per month. Not too hot but better than $0

It’s all a function of hours worked * rate of pay = gross earnings

rate of pay is a function of your skills, motivation, luck, location, contacts, … It’s not as simple as some people want to make it – it’s very complex economics. The more your skills, motivation, luck, location, contacts, etc. Are different from everyone elses – the more you tend to earn. When “everyone is the same”, they all make the same pay. That amount is the least the market will stand which we call “minimum wage”

Now, let’s say you’d like to make $100million per day while staying home in your pajamas and surfing the internet – yeah, not happening. There’s no make money scheme out there that isn’t a scheme intended to make someone else wealthy from your wallet. The answer to making more money can be seen in the math above – work more hours or earn more per hour.

PS: be careful with that multiple jobs idea. Getting min wage across town to put in 3-5 hours often won’t cover the cost of transportation, food, and clothes required to do it. Doing it for tips is a sure way to spend more than you make in order to be “allowed” to work.

Nagesh answers:

When you’re looking at working from home there’s basically two choices. You’ll either be working for a company, or working for yourself. I’m not sure how you’d work for a normal company from home but I’m sure most people working online work for themselves anyway.

There’s a lot of ways of making money online but most of them are scams or make next to no money. Don’t even bother looking into things like

rebate processing (just a scam usually or next to no money)
multi-level-marketing, (only the original seller makes money)
the paypal send a dollar pyramid schemes, (pretty sure it’s actually illegal)
surveys, (scam, you pay to sign up and they hardly send you any surveys)blogging, (legit, but you’ll only end up making $5/month or spamming yahoo answers with links to ur blog lol)
or data entry. (kinda legit but you have to pay to sign up then usually never get work)

The more legit ways of making money online are affiliate marketing, or things like selling on ebay or selling stuff outsite ebay.

I’ve been working at home for 3 years and I still run across new ways to make money online. Most of them aren’t very profitable though. Anything you do to make money online is going to take a lot of work. The work’s not always hard, but it’s pretty much always time-consuming.

Finding a legitimate way to work at home isn’t hard. There’s plenty of places you can pay for the information. One of the really hard things about working at home is staying focused. You’d be surprised how hard it is to just sit down and work at home infront of your computer for hours on end. There’s some days I hardly make $50 because I just can’t focus and other days if I’m having a really good day and working hard I’ll make as much as $300. Like anything in life, you get what you put into it.

One of the biggest things that’s helped me is to not reinvent the wheel lol. See what other people are doing to make money online and just copy them.

Nagesh answers:

Hutched, I don’t believe you, I went to the same meeting although a few weeks later and already I am $35,000 richer.
I go for all the quick fixes and fast track methods shown on television. I have so many at home businesses that I had to buy another home, I am becoming a permanent citizen of Nigeria because of all my business connections down there. America is a great country, I love SPAM…..another thing for you to do is buy all the “sold on TV” only stuff, especially the cooking ovens, the flavor wave is great, Ginsu knifes never fail, the bullet chopper does my drinks and I always carry my pocket fisherman with me.

Yes life can be great when you invest your lifelong savings and hard earned money in these schemes, so stick with it and you too will soon be rich like me.

PS If you are interested, I am a little down in my luck this week can you forward me about $1000 to tide me over.

Thanks

Nagesh answers:

Wowo a lot of untruths are being put out in response th this…. Let’s quickly look at military pay. When clinton came to office a lot of enlisted personnel had familys getting food stamps because they were below the poverty level. THis was corrected while Clinton was in office. Military spendiong did go down during the Clinton Administration because that was the peace dividend that resulted from the fall of the Soviet Union. Now Bush goes to war with a military that was built up duuring the Clinton Administration. Wins the war, then uses screwy strategy and loses the occupation…Soldiers get hit with 3 and 4 deployments with little time at home. See Bush pay kbr tons of money for support services they used to perform, and of couse KBR does a bad job of it. The soldiers see their wounded comrades treated like crap by the VA (Cheney says ‘the VA is just naother welfare scheme’) now go ask the military guys what they think of him….Go ask someone you know is in the military not some chickenhawk who pretends.

Nagesh answers:

I tried over 15 opportunities in the course of 2 years so I have some great information for you plus a list of top 10 work at home scams!

I am a mother of two little girls who are actually tugging on my arm as I write this so I will try to be brief. Many people are looking for work from home companies. All the scams definitely create a big problem but also, there is a problem of people misunderstanding the difference between work from home “jobs” and work from home opportunities. There really are not work from home “jobs”. To get that you have to start working for a company in their offices first, then they MAY allow you to take the job home.

Most of the work from home opportunities that are legitimate offers are not an hourly pay type job. They are business opportunities that help you in starting your own business from your home. What you should do first is to decide if you are simply looking for an hourly rate type job or if you are looking for more of an opportunity for additional income such as what you would make in your own business being your own boss from home. Small home businesses have some small costs involved, less than $500 to start is reasonable and I would stay away from those wanting $1000-$5000. It doesn’t cost that much to start and run a home business so you shouldn’t pay it.

If you are coming across places that say free then I would RUN don’t walk the other way! They never are. I tried them many a times and 3 weeks later I had to buy this and 6 weeks later that. After 6 months these “free businesses” had cost me over $800 on average.

After trying 15 things I now work about 18-25 hours per week for a National Medical Healthcare Company. This is a nationally known and reputable home business which is what you need to make sure you are looking for. I have been with the company almost a year and a half now and I make over $4500 a month! In your first month, depending on how many hours you can work, I have seen people make anywhere from $500 to over $2500. And your income will increase each month because you get paid residual income as well.

The best part is they have 401(k), direct deposit, life insurance and a benefits package most of which you get from day one. In addition, there are no products, no hard selling or pushing, no cold calling, no home parties and no telemarketing! That was VERY important to me. I absolutely love working with them and I can’t believe I am making what I am making and in so few hours per week. The neat thing is there are other people on your team that you work with so you are never alone. You have great team support and you get to know the other people on your team pretty well.

I was a bit apprehensive at first because I know a lot of companies are not legit but this company is the number one National Medical Benefits Company in the US. They are a member of the US Chamber of Commerce, and the National Association of Dental Plans and the owner of the company actually sits on the board of The Consumer Health Alliance to which we are also members. Also they were featured in “The New York Times”, “Wall Street Journal” “Time Magazine” “American Medical Review” and even in the May 2008 issue of “Parents Magazine”. Even “60 Minutes” did a big special on this home based business.

Even more then all this is they are accepted at over 100,000 retailers nationwide. These are fortune 500 companies like Sears, Target, K-mart, Rite Aid, CVS, Wal-mart, Publix and more. These companies would never work with a company that was anything less than reputable.

You can research the company at www.workathomeplus.net

TOP 10 WORK AT HOME SCAMS:

10. Craft Assembly

9. Medical Billing

8. Email/Rebate Processing

7. “A List of Companies Looking for Home workers!”

6. “Just pay for and take this class first” Then we’ll give or find you a job!

5. Typing At Home / Data Entry

4. “Turn Your Computer Into a Money-Making Machine!”

3. Pyramid Schemes (this is NOT the same as Multi-Level Marketing MLM)

2. Chain Letters/Emails (“Make Money Fast”)

1. Envelope Stuffing

Please beware of these scams. There are some legit home businesses out there so be careful. Look for companies in business over 10 years. Look for companies with a needed product or service, something you would be proud to represent. Look for companies that have a national reputation and are members of the US Chamber of Commerce.

As for those of you who say…..”I want to work from home but I don’t want to have to pay for anything”. Well, that’s great! But it will never happen. Let’s be honest, there is no such thing as a free lunch. If it is a true honest home business you need to expect to pay. Mr. Walt Disney didn’t start the Disney empire “without paying for anything”. Neither did Mr. Sam Walton, owner of Wal-Mart.

If you want to learn about REAL home businesses visit: workathomeplus.net

www.workathomeplus.net.

Good luck to you in your search. A