- Quick Ways to Make 1000 Dollars Recently I received an email from a reader of The Millionaires Giving Money Blog. The reader was a single mother who was unemployed and was living on welfare with help from her parents.
- This is such an important post. There are so many ways to make $1,000, but there are also so many ways to invest $1,000 that no one really talks about. Investing so your money grows is just as important as making money.
Use existing sales contacts - The quickest way to earn 1000 dollars involves using business contacts you already have. If you have a friends, neighbors, relatives, club members, or others who you can sell products to, this would most probably be your best chance to earn 1000 dollars fast. Since you don't want to abuse existing relationships to make money, follow the steps below to find products to sell that your contacts would actually appreciate. Even if you do not have the existing contacts, you can still use the steps below to make quick money.
Think of seasonal trends - No matter what time of year, there is always something seasonal going on. Make a list of upcoming holidays, national and/or local events, weather changes, news stories, etc.
Find a niche product or service - For each seasonal trend you have listed, try to think of a niche product or service you can sell that is unique and desired at the same time. Research online and locally to find areas with few competitors.
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Good prices You really don't need 1,000 ways to make $1,000. Time and compounding working together are plenty, and are the foundations of Buffett's investing prowess.
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Find as many products as possible in this niche - Find products in the niche seasonal area. Call up manufacturers and retailers to find out if you can become a distributor for their products. Explain your business idea and negotiate a large percentage for each sale. Arrange for manufacturer or reseller to drop ship the products directly to customers.
(Make sure the prices you charge account for shipping costs.) Create a simple website - Create a simple website listing your seasonal products. Make sure to write up enough about each product to show their usefulness to website visitors. Set up a simple online shopping cart for easy purchasing. Advertise everywhere without spamming - If you have existing contacts, spread the word about your products to them and refer the to your website to purchase. If not, you can adverise on forums that allow product advertising, Google Adwords, and article marketing. Sell many products - Because you are selling products that are seasonal, you have a high chance of quick conversions. Bring in sales from the website and contact the product retailer to ship out each sale.