Money making ideas

Author
Discussion

sickrabbit

Original Poster:

358 posts

142 months

Tuesday 4th October 2016
quotequote all
AyBee said:
I'm not sure I'd be looking at damaged/repairable cars if I was you. The market to buy them is much smaller. Also, will you not need all the associated trade insurances etc?
You have a point...

sickrabbit

Original Poster:

358 posts

142 months

Tuesday 4th October 2016
quotequote all
CaptainMorgan said:
The problem is, £14k or £26k cars will more often than not be financed, most mainstream lenders I've used wont touch write offs.
This is also a valid point - thanks

sickrabbit

Original Poster:

358 posts

142 months

Tuesday 4th October 2016
quotequote all
Frimley111R said:
Buying write offs is too risky and they can be hard to sell. Stick with cars around £5k as this is the most popular price point iirc. You'll make about £500 a piece roughly. Selling cars and making money that way is a doddle, buying them with enough profit in though.... Also people may trade in their old cars giving you a chance to make some more money.
Like it...

NRS

22,163 posts

201 months

Tuesday 11th October 2016
quotequote all
How is it going OP?

sidicks said:
sickrabbit]Ready to take calculated risk - not ready to throw money away...feel free to contribute to the thread [b said:
but negativity is not required and far from constructive
Realism IS normally considered to be constructive.

sickrabbit said:
- there is people out there achieving results like this...[/b]
Doing what?
For some reason no one was able to answer this!

sickrabbit

Original Poster:

358 posts

142 months

Tuesday 11th October 2016
quotequote all
NRS said:
How is it going OP?

sidicks said:
sickrabbit]Ready to take calculated risk - not ready to throw money away...feel free to contribute to the thread [b said:
but negativity is not required and far from constructive
Realism IS normally considered to be constructive.

sickrabbit said:
- there is people out there achieving results like this...[/b]
Doing what?
For some reason no one was able to answer this!
Lack of time has put this on a backburnerr but having my eyes open on copart hopefully somethin nice will come up...I will report back once I have actually achieved something...

twoblacklines

1,575 posts

161 months

Sunday 16th October 2016
quotequote all
I actually believe I know the method Uber speaks of, but what he doesn't tell you is it takes about 3 months and about £5k lost (minimum) to learn how to do it.

When you are past that stage it is pretty easy though.

But neither he nor I am going to put it out there on a public forum because every time someone else discovers it, it is more competition, which equals less profit margins.

But the negative nellies who laugh don't understand this because they neither understand business nor understand it is possible to make money outside of their 9-5 ratrace lives.

uber

855 posts

170 months

Sunday 16th October 2016
quotequote all
twoblacklines said:
I actually believe I know the method Uber speaks of, but what he doesn't tell you is it takes about 3 months and about £5k lost (minimum) to learn how to do it.

When you are past that stage it is pretty easy though.

But neither he nor I am going to put it out there on a public forum because every time someone else discovers it, it is more competition, which equals less profit margins.

But the negative nellies who laugh don't understand this because they neither understand business nor understand it is possible to make money outside of their 9-5 ratrace lives.
Ha this is like that Pen and Teller show if we can work out the secret.

I do know of the method you talk about and its actually far easier than that and have very little learning curve. I think we should have a challenge on here for a Christmas sideline with only 1 other person knowning and verifying the tranactions are real so the method is not liquified.

Using just knowledge and a maximum budget of £2k I reckon its possible to turn it into £75k before xmas with no more than 1 hour work a day.


cerbfan

1,159 posts

227 months

Sunday 16th October 2016
quotequote all
Uber, I'll offer to be your verifier!!

uber

855 posts

170 months

Sunday 16th October 2016
quotequote all
cerbfan said:
Uber, I'll offer to be your verifier!!
We need some other players if we are doing a challenge!

jammy-git

29,778 posts

212 months

Sunday 16th October 2016
quotequote all
Second person here!

Steve Campbell

2,135 posts

168 months

Sunday 16th October 2016
quotequote all
£2k to £75k ?

How about you coach me how it's done through to Xmas, I invest £2k and an hour a day and pay you 10% of any profit made up to Xmas. You pay me any loss from the £2k. That banks you £7k at Xmas for a little of your time ?

;-)

Scheme has to be completely legal.

Edited by Steve Campbell on Sunday 16th October 17:07

RM

592 posts

97 months

Sunday 16th October 2016
quotequote all
uber said:
Using just knowledge and a maximum budget of £2k I reckon its possible to turn it into £75k before xmas with no more than 1 hour work a day.
Why brag on here about it? Do it once, and get a well known accountancy firm to sign off on it. Then sell 100K copies of the eBook at £99 a go. Retire.

uber

855 posts

170 months

Sunday 16th October 2016
quotequote all
RM said:
Why brag on here about it? Do it once, and get a well known accountancy firm to sign off on it. Then sell 100K copies of the eBook at £99 a go. Retire.
No bragging we are discussing whats possible. Also if 100k people done it we would all make about 10 pence each!


RM

592 posts

97 months

Sunday 16th October 2016
quotequote all
uber said:
Also if 100k people done it we would all make about 10 pence each!
That's the whole issue with the "how to make online industry", by the time is out in the open it does not work. However, that would not stop the gullible buying your ebook, particularly if you have the accounts for it audited. £99 for a verified process to turn £2K into £75k in 90 days, working an hour a day! I think my initial projection of 100k sales may be too low.

dartissimus

938 posts

174 months

Monday 17th October 2016
quotequote all
Another free dinner.

Please Sir, can I have some more ?

Mr Creosote.

uber

855 posts

170 months

Monday 17th October 2016
quotequote all
RM said:
That's the whole issue with the "how to make online industry", by the time is out in the open it does not work. However, that would not stop the gullible buying your ebook, particularly if you have the accounts for it audited. £99 for a verified process to turn £2K into £75k in 90 days, working an hour a day! I think my initial projection of 100k sales may be too low.
These days you would launch the ebook and in about an hour you would have it free to download. The only way these things work now is if you do it via a membership site and release the info slowley.

Anyways I aint selling no method secrets smile

AyBee

10,533 posts

202 months

Monday 17th October 2016
quotequote all
uber said:
cerbfan said:
Uber, I'll offer to be your verifier!!
We need some other players if we are doing a challenge!
Since nobody else knows what you're both talking about, that's going to be difficult wink I struggle to believe anyone that can turn £2k into £75k in 2.5 months would drive an Audi A3 though tongue out 458, sure hehe

uber

855 posts

170 months

Monday 17th October 2016
quotequote all
AyBee said:
Since nobody else knows what you're both talking about, that's going to be difficult wink I struggle to believe anyone that can turn £2k into £75k in 2.5 months would drive an Audi A3 though tongue out 458, sure hehe
As I said originally its's completely possible but not something that can be taught without years of experience. There are lots of people on this forum who can take their knowledge and create huge amounts of money very quickly although there will be far more who say its not possible because they only know the daily grind, having a boss and knowing how much the end of month pay check is.

AyBee

10,533 posts

202 months

Monday 17th October 2016
quotequote all
uber said:
AyBee said:
Since nobody else knows what you're both talking about, that's going to be difficult wink I struggle to believe anyone that can turn £2k into £75k in 2.5 months would drive an Audi A3 though tongue out 458, sure hehe
As I said originally its's completely possible but not something that can be taught without years of experience. There are lots of people on this forum who can take their knowledge and create huge amounts of money very quickly although there will be far more who say its not possible because they only know the daily grind, having a boss and knowing how much the end of month pay check is.
Do you do it, or just know what it is?

NRS

22,163 posts

201 months

Monday 17th October 2016
quotequote all
uber said:
AyBee said:
Since nobody else knows what you're both talking about, that's going to be difficult wink I struggle to believe anyone that can turn £2k into £75k in 2.5 months would drive an Audi A3 though tongue out 458, sure hehe
As I said originally its's completely possible but not something that can be taught without years of experience. There are lots of people on this forum who can take their knowledge and create huge amounts of money very quickly although there will be far more who say its not possible because they only know the daily grind, having a boss and knowing how much the end of month pay check is.
That doesn't match up with your earlier posts. You said it was "very very little risk". Now it's something that's possible but needs lots of experience? Presumably in the time you gain the experience you lose money? And what happens if you're a slow learner?

The point was not "it's impossible to make loads of money" - it was that it is not possible without lots of risk (which usually means you will get burnt at some point).