Helping Young Adults Transition From Home To “Out On Their Own”

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How to Make Money!

Multiple Methods for Making Money - Ways to make money other than working for someone else.

How to Make Money!

Network Marketing

Advantages to owning your own network marketing business:

  Owning your own business without a large amount of start up costs.
  Education – the positive education and support materials to help you reach your success is unlimited!
  Networking – working with and meeting “like minded” peers.
  Support – network marketing is built on the key to success – you only become wealthy and successful in this business when you help enough other people do the same.
  It uses the “power of multiplication”.
  Major tax advantages for owning your own business.

For additional resources on network marketing click here

Internet Marketing

The internet is the ultimate 24 hour a day money machine while you eat, while you sleep, while you play…money is pouring into your life….from all over the world!

Advantages for setting up a Internet Marketing Business

No marketing costs
No Product costs
No shipping charges
Instant delivery
The power of the internet is that you can fail, fast for free
Business Tax Advantages

For additional Internet Marketing Resources click here

Home Business

This is a great way to take your hobby or passion and turn it into a business working from your home.

Great tax advantages including a tax write off for a portion of the house you are doing business in.
Opportunity to do what you love instead of having to try and love something you do…like your JOB (Just Over Broke!)

For additional resources on Home Businesses click here

Buy a business – Franchise

I do not recommend this unless you have extensive experience in the type of franchise you pick.

You usually have a large dollar investment to buy one.
You are essentially “buying” a job. It doesn’t free up your time but takes more of your time.
Still has a higher rate of failure compared to the other investment opportunities.

For additional resources on Buying a Business click here

Stocks / Mutual Funds (Paper assets. Buying “part ownership of companies) & Commodities (The same as buying stocks but are products like gold, silver, corn, cattle, etc.)

Advantages:

Creating a business that can supplement and then eventually replace your income from your JOB.
No employees
No inventory
No selling of products or plans to friends, family or others.
No billing
No shipping or handling of products
No advertising costs
No office to maintain
No insurance costs
You can work from any place where a computer and an internet connection is available.
You can take time off anytime you want without any major effect on your business.
You don’t need to check in, ask permission from, consult with or answer to any other person.
Very little time is required
Very little money needed to start this business.
Free to do what you want to don instead of what you “have” to do.

For additional resources on Stocks / Commodities click here

Real Estate, Commercial, Residential, Raw land etc.

There are five significant benefits from real estate that make it more advantageous than any other type of investment. I call real estate the IDEAL investment because it offers:

     I: Income, in the form of positive cash flow.

     D: Depreciation, in the form of Tax Deductions annually based on the useful life of the improvements. (The Internal Revenue Service provides guidelines for the number of years allowable.)

     E: Equity Buildup, from the amount of principal payments you make on the loan, and from the increase in market value of the property.

     A: Appreciation, from the amount property rises in value because of desirability, location, improvement, market conditions, inflation.

     L: Leverage, which comes from purchasing by using a small amount of your own money and borrowing the rest of the purchase price. Using 10% of your money and mortgaging the other 90% would give you 90% leverage. Your return on your 10% out of your own pocket would be nine times as much as it would be if you had put the entire purchase price (100%) out of your own pocket

For additional resources on Real Estate click here