HOW CAN I USE PETER TARADASH’S WISDOM TO MAKE MONEY?
Dec
3
2018
Peter Answers
The same way you get money making ideas from anyone or any place. A good entrepreneur (someone who owns his own businesses) gets many more ideas than he can handle. The well known motto is “Find a need and fill it!” Thus, to make money you need to find or create & sell a product or service. Besides having a product or service, you will need marketing skills. Without customers who will pay you, you have nothing.
In my opinion your product or service should be valuable to the users, and legal. Ideally, a product or service that will generate future good customers either by repeat business or referrals.
You can get ideas by simply keeping your eyes open, seeing opportunities and then putting them into reality. The best way to explain how to do it is to give you an example, but before I do that, make a mental note of what you should not do.
You will see on Peter Taradash’s Wisdom and elsewhere many convincing pitches asking you for money. If the money is for a product or service you can use, no problem. My suggestion is to take the name of the product and then do several searches on Google followed by the words, “scam” and “fraud.” If you will do this with “Binary Options” you will get an eyeful of commentary that will help you make an intelligent decision.
Your best money making ideas will not come from pitches that ask you for money and promise to make you rich. Where will the really good ideas come from?
The answer is that good ideas are like tennis balls being shot out at you every few seconds by a machine. The balls keep coming.. Most people never see the balls (opportunities!) and fewer still take any action. All you need to do is select a good, solid serve and hit it back.
One possibility is when you see a product or service –something that is doing well in one place ask yourself- can I launch and sell the same thing somewhere else where it is needed? How to do it? You have at least two options: You can create and sell a similar product, or you go to the original producer and seller of the product & make a deal.
What kind of deal? Forty years ago, a friend observed that a hot water kettle, brand name “Russel & Hobbs” won a prize for being most attractive design on the market in England. He approached the owner in London. He asked for marketing rights in Australia and New Zealand. For the owner, any sales abroad would be “found money” so he agreed immediately. The original deal was that my buddy obtained a small shipment of these kettles on consignment (he was to pay for them as he sold them). After a year, he was very successful at selling these R&H kettles. He then asked for and got the rights or license to manufacture them locally and pay a royalty or small percentage of the price or each item sold to the Englishman.
To make a long story short the British outfit eventually folded due to bad management. The product was good, but the chaps running the British end got into financial trouble, and their outfit later called “Polly Peck,” folded. My guy, by default, took over the world market for this product. He started with no money –only an idea — ended up with a big outfit producing and selling a wide variety of kitchen appliances.
Recently on Peter Taradash’s Wisdom someone asked me: “How can I find and marry a rich widow to love & support me?”
Because I once knew a man who did exactly that, I told him his secret of success: “You Are the product! Figure out how to expose & market your best qualities.
How to sell yourself as a future spouse or Toy Boy?
My answer:
You have to offer something that at least some rich widows might want.
You will probably have to dress well, look attractive, smell good and have some talent – something appealing to wealthy widows. There is no shame in having this objective—to wed wealthy.
General George Washington (founding father of the USA) married Martha Custis, a rich widow, much older than himself.
Benjamin Franklin said he loved older women because,
They don’t tell,
they don’t swell (Grandpa says this meant–no pregnancies)
and they are
Grateful as hell …
Advice for you? How to expose yourself on the market? Start by going somewhere where rich widows congregate. They must & will see and appreciate whatever it is you have to offer. I suggested applying for a job on a cruise ship as a dancing teacher and companion to the many wealthy widows who are found on “round the world” cruises. But internet sites like “seeking sugar mommies” are OK too, especially if you are photogenic a good talker. You can start a relationship with Skype, WhatsApp, etc.
I know that the odds of this Peter Taradash’s Wisdom questioner actually taking my advice here are slim to non-existent. Why? Because most people are dreamers. As explained here, only one in five million saw and grabbed the opportunity of marketing my “how to” reports. I love to help ambitious people “doers” reach their goals. I find that only about 1% of the population is willing to exert themselves beyond day dreaming and investing in scams like Binary Options and Lottery Tickets.
Next story? I wrote a few dozen books and reports over the last 50 years. Usual Subjects: how to make money, find love, stay healthy. Plus other topics—some probably of interest to you — Well there were 5 million plus Peter Taradash’s Wisdom views of my answers. But, truth is, I don’t like marketing. As a result of not trying I sold very few of my special reports directly.
Here comes your “AHA MOMENT.” Out of those 5+ million viewers only one person (Fahmi Ehad) saw in my otherwise un-marketed good stuff as an opportunity to make money. He wrote me to ask if he could take his own favorite selections of my “brilliant” ideas & special reports on “Portable Trades.” He asked if he could repackage my Peter Taradash’s Wisdom answers and a few other scribbles as a 400 page very inexpensive “how to” book with the title “Think Like A Millionaire.”
He proposed to setup his own blog and website “portabletrades.com” at a nominal cost to himself. He said he’d try to sell his compilation of my stuff as a digital book online. This was last week. I am waiting for results. But at least he is TRYING while most people are sitting on their hands.
Just as in the Russell-Hobbs example above, from my point of view, any royalties I got from him would be found money. From Fahmi’s point of view, he got a good product without any investment. He saw my “Taradash Treasure Trove of FIRE Secrets {Financial Independence Retire Early}” as the first product in his own future online publishing empire. How will it turn out? I don’t know. But whatever happens, Fahmi saw an opportunity. He (the only one out of 5 million!) took a swing at it. Whether he makes millions or just a few hundred on this project, he will (1) gain experience, (2) learn about products and marketing –and (3) have started his own online business on a shoestring. Check out his efforts –give him any suggestions on how to make it better.
From my point of view, Fahmi has an infinitely better chance of success than the writers of the many emails I get every day saying something like this: “ I am a deserving 19 year old kid from (fill in then blank). As you seem to be rich, and I am poor, please send me $1,000 a.s.a.p.” I don’t even bother to answer those inquiries. People have to offer their “targets” like me something they might want or need to get any attention.
There are many contributors to Peter Taradash’s Wisdom whose ideas or products could be effectively marketed by you. A future entrepreneur sees daily opportunities & potential while 99% of the people are blind to them. Secret of success? Ask yourself about everything you see or read: “How can I make money out of this?” Then TAKE ACTION!
Another idea: Translations & tweaks of written material you see from Peter Taradash’s Wisdom into your local language. There is another potential opportunity. You just need to take aim and hit the ball. In other words, if you can’t create your own products or services, propose a mutually beneficial deal on something you can resell. Ask and you shall receive- But only if you keep asking & making offers.
Category: Peter Answers
By P.T.
December 3, 2018
Source : http://www.petertaradash.com/how-can-i- ... ake-money/