Go From Rags To Riches Online

We all wish we could wake up tomorrow stinking rich. It’s a dream that you’ll find all over the world. It’s one of the ultimate goals in life and we’re not here to discuss whether that’s the right goal to have. Today, we’re going to examine how you can achieve it and just how easy it could actually be. You might think that getting rich is always going to be an endless struggle. But it doesn’t have to be and there are ways to make money without the endless effort. You’re looking at one right now.

That’s right, your computer is a great tool for making money. You just need to know how to use it properly. So, here are a few ideas to get you started making money online.

Buying Domains

This is a little risky as an investment but usually it does pay off in some way or another. Essentially, you buy domain names and wait for the right person to come along who wants to invest for the purpose of starting a company. So for instance, you could purchase the domain littlepanda.com for around five grand. Now, that might seem foolish but eventually someone will come along looking to use that domain for something like a child’s clothing store. If they do, they’ll be willing to pay a lot more than five grand. As any start up owner will tell you, the domain name is everything.

You may want to avoid buying domains that you think existing companies will want though. Typically, they’ll take you to court and argue fair use of the domain, particularly, if you’re not using it. This has happened multiple times with individuals who bought domains such as PS4.com, as well Harrypotterworld.com. When they purchased the rights to Harry Potter, Warner Bros had all existing sites that they didn’t own relating to the franchise shut down.

Trading

You can trade online with things like bitcoins. What are bitcoins? Think of them as a form of digital currency and also a great investment opportunity. You can buy bitcoin at xCoins.io or similar sites and once you do you’ll be able to start trading. The benefit of this type of investment is that for the most part, it’s automated. You won’t have to worry about it at all and instead, you’ll find that most of the work is done for you which is absolutely fantastic.

Another possibility for trading would be forex. Forex trading is great because you can invest as little or as much as you like. Forex is about knowing the patterns of exchange rate and understanding how different factors affect the value of money.

Blogging

Finally, there’s blogging. While it can take a while to get started blogging, there is a lot of potential here. You can write about anything you like and, with a unique style or tone, you’ll easily be able to build up a readership. At that point you can attract advertisers and that’s how blogs become money making machines.

Can You Afford To Move Abroad?

If you’re approaching retirement or just considering a change in scenery, you might be thinking about moving abroad. The biggest question on your mind should be whether or not you can afford to make a move like this. Moving abroad isn’t quite the same as relocating to the next town away. There’s a lot to consider but if you are aware of all the issues you should find that moving to a tropical new country isn’t that problematic at all.

Finding The Home For The Right Price

So, the first thing you’ll need to look at is finding a home over there to buy. The instant reaction here is to get in touch with a company in the new country and get them to do the grunt work. Tell them what you’re looking for, get them to search the market and send you the possibilities. However, there’s a problem with this.

Estate agents can’t help but see international buyers as a grand opportunity. They push houses that they know local buyers would never purchase. These houses are either in undesirable locations or have serious build issues.

Instead, you should book a holiday or trip over to the destination where you’re thinking about moving too. Take some time to explore the area, look at the houses up for sale and get a feel for the prices. That way when you do buy, you can make sure you’re not overcharged.

To Survey Or Not To Survey

Once you find the home you want you’ll have a decision to make. You’ll need to decide whether to survey the property before you buy. You might think that if you’re buying a brand new home, there’s no need for a survey. However, if you do this, you are putting a lot of trust in the building company. That’s not necessarily a bad move, but if they do turn out to be unreliable, it could be an expensive mistake. Instead, you should think about running a barebones survey. Make sure everything on the surface is running as it should be. After that, feel free to proceed with the sale.

Move Over

The actual move is when the costs really start to bite. You expect to pay a lot for the new property, but most people forget about the cost of actually moving. If you’re relocating overseas, you have logistics with items like the car. You can’t drive it over, but you do have options. With Shiply car delivery and other similar services, you can get your vehicle shipped directly to your new driveway for minimal costs. No muss, no fuss, and the car will be right there waiting for you. For other items, you might want to consider air freight.

So How Much?

Well, let’s say the house costs 300k, you’ll need another 30k for sales fees and then maybe 10-15 for transportation. So, if you have around fifty thousand left over once you’ve calculated the cost of your property, yes you can afford to move abroad. You might even find the exchange rate gives you a little nudge in the right direction. Goodluck!

Is Your Business as Strong as It Can Be?

Every business owner wants to boast the strongest business in the land. Some even do boast this, even when it’s not necessarily the case. Now, it’s always a good idea to paint your business in the strongest light in a marketing campaign, but it is imperative that you can back it up. Is your business as strong as you say it is? Is your business as strong as can be? If not, then make sure to check out the hints and tips below.

First of all, you need to ensure that you are as strong as can be as a business owner. You need to provide a strong backbone for your business. You need to ensure that the knowledge you have of your business is strong. You need to ensure that your communicational skills are strong. And you need to ensure that you are able to deal with the languages of business that are spoken in each one, every day. One such language is accounting. As a business owner you should surround yourself with a crack team of experts, this includes an accountant. But to really provide a strong backbone for your business you should be well versed in the field of accounting yourself. In doing so you create stronger finance in your business as two heads in the field are better than one. And as well as this you can offer support and even cover to the accountant you’ve hired. Say if your accountant was taken ill and you were left in charge to sort your finances out, would you have a strong enough knowledge to do so? Even one day missed when it comes to VAT and PAYE procedures can be costly to your business. This is why you should do all you can to be attuned with your inner-accountant. A good place to start in this venture is to take an Accounting degree. The best part of all? You can now take these kinds of degrees online, meaning that your studies would never have to interfere with all the important business work you do every day. 100% of the Accounting degrees offered by the UAB Online School of Business, for example, are taken online. This means you can take your course at your own pace, so as long as you meet the deadlines that are set.

But it’s not all about you. As previously mentioned you need to surround yourself with a crack team of experts. They should each be strong in their respective field. If they are then you are strengthening your business two-fold. An important position that needs filling, that sometimes slips under the radar is that of HR Manager. You need a strong HR Manager for a number of reasons. Because they are going to bare the brunt of your employees communication they need to be strong enough to do what is best for business, rather than what is best for your employees. They need to be able to negotiate two parties and find an outcome that suits both sides.

So, if you want a strong business model you need to target a few crucial areas. You need to ensure you are strong enough to take on any task. You also need to ensure that you surround yourself with a strong team. When a business’s strength grows from within it radiates outwards. A customer will always be to tell a strong and well-run business from a weak one.