General Information

Make Money on eBay

eBay is world’s largest online marketplace. Every month, 240 Million unique visitors from all around the world visit eBay to buy and sell from around 20,000+ product categories & sub categories. Now, 240 Million people interact at one place means a great business and money making opportunity for me.



See the above video. The above video is all about making money from eBay. In fact, you can set up your own eBay store within just few minutes with few dollars and start selling literally anything to whole of this world within few minutes.

Setting up an eBay store is a few minutes process. Once your store is set, you have to focus on one thing and that is focusing on attracting the web traffic on your eBay store. This is because the more number of people will see your store and products, the more number of people will buy the products from you. It is that much simple.

Ok. So watch the above YouTube Video and learn in detail that How to Make Money on eBay?

Even a School going kid can also set up his own store and start selling literally anything to all the world and start making money without any higher educational degrees. So watch the above informative video about making money on eBay.

How Do People Make a Fortune on eBay?



Read my article, How to Make Fortune on eBay before reading this article.

eBay is an ocean and every month 200+ Million active users visit it to buy and sell something, In short, eBay is a great marketplace where people can buy and sell anything from around 20,000+ product categories and subcategories.

If you are selling something on eBay than it means that you are selling it on world’s largest market place. There is no other market place in the world which is as large as eBay.

And this is the reason why many people make a fortune on eBay. Listing your item on eBay for Sale means you are putting it in front of millions of eyeballs. And you are increasing the possibility of its sale exponentially.

Many people have make literally millions of dollars from eBay up to now and now they are living semi-retired life style. If you also want to make a fortune on eBay than I advise you to start your own eBay store as early as possible.

I advise youngsters and college going students to start their own eBay business since their early life. This is because owning your own eBay Business is much better than depending on a job. What I like the most about eBay is that, your store work and make money for you even while you sleep or travel the world. Isn’t it amazing?

So Don’t waste your time as youngsters and make your own fortune on eBay

How to Make Fortune on eBay?

Do You know that you can now make your fortune on eBay also? Well, yes this is true. Most of the people think that eBay is the online place for shopping. But it is not true. eBay is the online place for buying and selling goods.

You can open your own eBay account and start selling anything to whole of this world. In fact, many people around this world are doing this and making literally 6 figure income in dollars every year from eBay.

You can set up your own eBay store within few minutes and start selling anything to whole of this world. The key of success on eBay like any other Online Business is web traffic. Once you set up your eBay store, you can do several things to drive the web traffic towards your website.

Remember, the more eyeballs (web traffic) will see your products, the more sales you will generate and thus more money you will make.

Many people are earning their living on the eBay.

The best thing I like about eBay Business is that, it’s one time hard work. Once your eBay store will develop a sufficient level of brand value and reputition among the customers, it will continue making sales for you for the rest of your life even while you sleep.

Another great thing about eBay Business is that, you can start ot from your home as a school going kid also. Because of the Information age & the Internet, it is now possible to make fortunes even if you are a school going kid.

I advise the youngsters to grab this great business opportunity and start building your own fortune online.

eBay Fortune

eBay Fortune is a course on how you can make millions of dolars on eBay. The program is designed by Tom Barner who made literally $ 8.5 Million from eBay since 1997 to 2007.

eBay is the great market place for buying and selling anything. There are 200+ Million unique users of eBay who visit eBay every month to find discounted things. Thus, eBay is a great business and money making opportunity on the Internet.

You require no college or higher educational degrees to make fortune on the eBay. This shows that how fast you can become rich in the information age if you want. Many people are running their successful eBay business empire from their home and making literally 6 figure income every year from their eBay Business.

Here are few Key facts about eBay.

eBay has over 200 million registered users (and this number grows at an astonishing pace - several thousand new users join eBay every single day!)
- Over 2 million people visit eBay every day scouring for items to purchase
- If the sellers on eBay are considered their employees, then eBay is the largest employer in the world!
- eBay is the fastest growing business ever in the history of American and international businesses.
- eBay is the world's largest internet commerce
- If eBay is considered a nation, it would be the 9th most populous country in the world
- Half of all internet users visit eBay at least once every month!
- eBay is one of the world's greatest contributing factors to the boost of the global economy
- Over 2.1 billion items will be listed for sale on eBay this year
- Over 400 billion dollars have been spent on eBay by customers since the marketplace’s creation
- Over $100,000 worth of sales are made on eBay every single minute! That’s over 50 billion dollars people spend on eBay every year!
- eBay has achieved financial success far grander than any other businesses in history in the quickest time
- The eBay potential is stronger today than it has ever been!
- eBay has changed the lives of countless people who sell on it, and it will for you too under the guidance of one of the auction marketplace's most illustrious Powersellers!

Thus, in the eBay fortune, Tom has revealed all of his secrets about how he made his own eBay Fortune…!!!

eBay Affiliate Marketing

eBayPartnerNetwork.com is the eBay Affiliate marketing site. Here you promote any one or more products of eBay on your website or a blog and than send the quality web traffic to the eBay and whenever a visitor from your site will buy that product, you will get paid a good commission.

Don’t think that this is a peanut size income because many people around the world are making thousands of dollars every year by selling eBay products from their websites and blogs.

But for the eBay affiliate marketing to work, you have to divert more web traffic towards the affiliate links. Well, see. The Internet is the game of numbers. The more web traffic you attract towards eBay from your web property, the more Sales you will make.

Thus, there is a great money making opportunity in eBay affiliate marketing.

You can make lots of money from eBay affiliate marketing. The only thing is that, you have to promote that product on your website or a blog properly.

There are 20,000+ products categories and sub categories on eBay. Many people simply launch a tightly focused eBay Product review website and do all the SEO tricks to promote that website. Once your website is indexed in Google, it will start attracting more and more organic (Search Engine) traffic, and the more traffic means more revenue.

The secret of successful eBay affiliate marketing is that, you need a website or a blog having good amount of web traffic. And believe me, it’s one time hard work only. Once you do all the hard work, it will make money for you even while you sleep or travel the world.

So I strongly recommend you to add this new revenue stream on your web property…!!!!

eBay Internet Business: A Great Business Opportunity

eBay.com is a great Internet Business Opportunity. There are 200 Million Active users of eBay who consume almost everything from literally 20,000+ Product Categories. You can launch your own eBay store within minutes and start selling anything to whole of this world.

I know several people around the world that who are making literally 6 figure income every year from their eBay Business. Just like traditional offline stores, in online world also, you have to build your reputation and Brand Value as a seller otherwise nobody will buy from you.

Many people have made fortunes out of their eBay Business. You can sell anything from Computer and mobile accessories to Vintage Collectible items on eBay. In the Information age, you can do a Business with whole the world at single shot. Isn’t it great?

If you start a shop in the offline world, you will require a start-up cost because first of all you will ha buy or lease a Real Estate and that will cost you lots of money. But in case of Internet, the Virtual Real Estate (Domain Names) are very cheap and thus you can buy it for just $ 10.

Another good thing about the Internet Business is that, from the first day of launching, you are expanded worldwide. So your target market is literally hundreds of millions from the very first day. But in case of offline stores, your target market is limited to that city only. And in offline world, to expand your business worldwide, you will have to open a store in the each and every city of the world.

Remember, Those who followed the principles of the Information age have made their fortunes in their twenties and early thirties. While those who are following the principles of the Industrial age are still struggling financially.

How to Sell Domain Names on eBay for profits?

Domain Name Flipping is a great business opportunity. Many people around this world are flipping domain names and earn up to $ 10 K every month. What they do is, they buy Domain Names on GoDaddy.com and than sell these domain names on eBay.com – Internet’s largest market place.

Domain Names are real estates of the Internet. The only difference is that, they are virtual. You can not see or feel the domain names because they are virtual. But they can be worth of millions of dollars like real estates. Domain Names are the intellectual properties in its truest form. This article will give you some basic information about – How you can sell Domain Names on eBay?

3 things to keep in mind before selling Domain Names on eBay

01) Choose eBay ID

02) Feedback Score

03) PayPal Account

04) Verified -ID

The First thing to keep in mind while opening an eBay account is that, “Selection of the proper ID”. You are in the business of domain selling so your eBay ID should be like “Domains4u” or “Domains4Sale” or “Quality-Domains4Sale” or something like that. Because the buyers should know on the first visit that, you are in which business.

Opening an eBay account is not a difficult task. You can open an eBay account within few minutes and within next couple of minutes you can start selling domain names. But wait…. This is not enough. The very important thing on eBay for successful selling of your Domain Names is your Feedback Score.

Feedback score is your reputation as a seller on eBay. If you have good feedback score, buyers will trust you more, consider you trustworthy and buy domain names from you and become your regular customers.

Buyers are much less likely to buy from someone with no feedback score. Some Domain names are worth of literally thousands of dollars. But buyers will be afraid to put a bid if they find No feed score on your account. It’s shameful to have No feed score.

If you are a new eBay user than I suggest to obtain a feedback score of 10-20 before you actually start selling domain names on eBay.

Another thing is that, open a PayPal account. Because its very easy to send, transfer and receive money via PayPal. If you are serious about Domain Flipping Business, you should open a PayPal account immediately.

The Last thing to keep in mind is that, spend US $ 5 to get ID-verified. It will increase the buyers’ trust and increase your Brand Value and trust worthiness on eBay. Buyers feel more comfortable and put bids on eBay when they see that, the seller is verified by eBay.

How to start an eBay Business?

eBay is world's largest Online market place where daily literally millions of visitors (Buyes & Sellers) visit and literally transact millions of dollars of goods. There are lots of Business Opportunitis hidden on eBay. Many people around this world are literally earning 6 figure Income in Dollars every year by Selling Goods on eBay.

The Best part about starting an eBay Business is that, you only require a unique eBay User ID & Password and that's FREE. After that you can open your eBay online store for as low as US $ 15 per month of monthly rental. which is very low in cmparison to the real world rentals.

Another advantage of eBay Business & eBay store is Worldwide Penetration & Accessible. Anyone from anywhere in the world can anytime shop from your online eBay store.

Before starting a Business on eBay, you should have Inventory ready. So first of all make a list of what you want to sell on eBay.

Few things to keep in mind before starting eBay Business -

01) First of all research on eBay that what you want to sell. there are more than 20,000 categories & subcategories on eBay. You can select from wide range of products that you want to sell.

02) See that, How much is the market competition of your product on eBay. If you are selling something at US $ 50 but someone else is selling it at US $ 30 than? So you have to research your market well.

03) Setup an account with Paypal. Opening a Paypal account is Free. and allows you to send and receive money to other Paypal account holders and accept credit card payments.

04) Learn about the costs of selling on Ebay. You will have to spend a small amount of money before you start making money from Ebay. There is a listing fee, a final value fee, and if you use Paypal for your venture you will pay a fee there too. Learn what those fees are before you list your item so you will know your costs and your profit.

Once you gone through all of the above things, You are Done. Your aBay Business is ready to sell your products Online to whole of this world 24/7. The Best thing I Like about Online Businesses is that, it remains opens 24 hours a day, 365 days in a year. So that even though you are sleeping, your eBay store will still be open for your Customers. Your Customers can visit your store anytime and shop....!!!!!

This can't be Possible in traditional, offline, Brick & Mortar Businesses...!!!!

How to Buy & Sell Unlisted Equity Shares on eBay?

Well, somebody has recently asked me that, How he can buy & Sell the Equity shares of Unlisted Companies on eBay? Well, I don’t think that such type of options are available on eBay. Because in countries like USA, only Accredited Investors (The Investor who has certain amount of Wealth) can invest in Private Equity deals and buy the shares if unlisted companies.

However, in countries like India, there are no such rules and regulations. and that’s why the market of unlisted securities is very unregulated and huge. And that’s why many Securities Scams also occur.

In fact, I really surprise that in countries like India, why many people are crazy about investing in Unlisted Equity Shares? Well, of course it is proven that Seeding stage & Start-up Businesses have the highest growth potential so if you invest in seeding stage businesses, your return on investment will be very high.

But most of the people in India who invest in Unlisted Companies shares are not the Sophisticated Investors. They don’t even know that how to read financial statements? They blindly follow the advises of a Broker and buy unlisted equity shares and hold them for decades, think that they are Assets.

Well, of course, there are great Investment Opportunities hidden in Unlisted Companies. But it doesn’t mean that every unlisted share is the Investment worthy.

So Unless you have Financial Knowledge of Investments, Don’t Invest in Unlisted Companies…!!!!

Go to eBay Store of Lehman Brothers & Own a Piece of History

The above is the Bankrupt Lehman Brothers Store on eBay. You can buy items from Bankrupt Lehman Brothers and keep them with you for memory. Lehman Brothers will pay the earnings from this Sale to their Creditors….

Lehman Brother has filed the Biggest Bankruptcy of USA ever on 15th September, 2008. Following its Collapse, about 700 hedge funds and Investment firms lost control of US $ 23 Billion in Assets.

And that’s why Lehman Brothers has launched an eBay Store - “Own a Piece of History”.

You can buy here a green umbrella having a Logo of Lehman Brothers on it for only US $ 20. Since the beginning of July, Bankrupt Lehman has holding a garage sale on eBay, hawking thousands of items originally produced originally as freebies for the firm’s clients and employees.

The Revenue from eBay Sales will go to the Creditors. The firm owes as much as US $ 250 Billion.

So Check out the items from eBay store of Lehman Brothers & Own a Piece of History….

From collectibles to cars, buy and sell all kinds of items on eBay

You Must have heard the name eBay very often. You may have bought the items from eBay in the past. Those who don’t know anything about eBay, let me tell you that eBay is an Online Auction House as well as Market place where you can buy anything among 20,000 categories.

In countries like India, starting your own eBay Business is a very new concept but well its a great Business Opportunity.

You can now set up your own eBay Business and sell anything to around more than 180 Million users world wide. I personally know several people around this world who are in their twenties and are earning 6 figure Income every year from their eBay stores.

Anyone can start their own eBay store. In fact, I advise young college going students to start their own eBay Business as early as possible in their life means NOW…. Why I am so much optimistic about eBay store? Well, Because it is worth it.

If you have just completed your graduation than you must be around 22-23 years old today. Than this is the best time to start your own Business. Here are the advantages of owning your own eBay Business Empire.

- Low Start-up Capital: Unlike traditional Businesses, you need very low to No start-up capital launch your eBay Business.

- Lowest Operating Cost: It will cost you just US $ 15 per month to maintain your store with eBay. It’s like paying the rental to the world’s largest shopping mall owner. and $ 15 is a very cheap and affordable amount.

- 24/7 Working: The main advantage of eBay Store/Business is that, it works 24 hours a day, 7 days a week whole the year. Even if you sleep, you store remains open and when you wake up, people may have shop literally thousands of dollars of goods from your shop.

- No to Minimal Manpower Required: The Best thing about eBay Business is that, it doesn’t require any Manpower to operate in.

- Worldwide Customer Base: In traditional brick & mortar Business, you can focus only on the local geographical area in which your shop is situated but in case of eBay Business, your target customer is whole the world so this means more sales & more sales means more Revenue.

So Starting your own eBay Business is a great Business Opportunity.

eBay was started by Pierre Omidyar in September 1995 as a result of his wife’s desire to add to her collection of sweet dispensers. The site now has over 181 million customers worldwide, 10 million in the UK, with up to three million items from Britain on sale every day. With so many customers online, it is not surprising that many people choose to start an eBay business.

eBay is now becoming a phenomena on the internet. And more and more Internet Entrepreneurs are launching they eBay Business. Many High School Going Kids are earning 6 figure income every year from their eBay Business.

So How to Start eBay Business? -

Let us first discuss the Example of Julie King. See here How Julie King has started her own eBay Fashion Business & How much she is earning according to one popular media.

“Julie King, from Newcastle, gave up her job as an IT consultant after she found she could buy and sell designer shoes and handbags on eBay for a profit. Her eBay business, Killer Heels, now makes over £6,000 a month buying shoes and bags from wholesalers and selling them on eBay.”

The main advantage of Information age store is, eBay Business (Shop) doesn’t require any commercial property at prime location. Unlike Traditional brick and mortar Shops, eBay Business can be launched within minutes and can run day and night without the presence of its owners. All you have to do hard work is to grow it and that’s it.

Quick Guide to Start eBay Business -

- First of all signup on eBay and get a free account. It will take few minutes only. It is very simple and this is the reason why eBay has over 180 Million users.

- Go to Sell items section on the eBay and follow the instructions. Chose from various categories and start selling.

Tips of Successful eBay Business -
# Start with selling something that you know about and/or love doing.
# Research the eBay market in your particular sector as well as on the internet to see what the competition is doing and what is being offered. Find a point of difference that will set you apart from your competitors.
# Be committed to it. It is not easy but it can be extremely rewarding.
# Build up your positive feedback. This is the bedrock of eBay and what sets you apart as a good seller. Excellent customer service = great positive feedback. Never slack on good customer service.
# Always keep track of your competition. Don't just research them once or occasionally. Remember they are looking at you and as your business steams ahead; they are plotting and planning to take over. Half of my eBay time is spent researching competitors and new marketing techniques.
# Be as transparent as you can with your potential customers. Don't hide costs and describe your items clearly and honestly. Building trust builds business on eBay.
# Don't spend huge amounts of money on stock and setting up. Start small and grow it slowly. The world of eBay can be complex and the best way of discovering this world is by experiencing it. If you plow in with a huge store full of lots of stock and you don’t know about it then you risk falling quickly on your face.

In the previous article I have discussed about the Basics of the e-Bay store and how you can set your own e-Bay store.

Today I want to discuss about the power of the Information Age and the Online shops. After 1990, The Industrial age gets over and the Information age started. And with the birth of the Internet, more and more millionaires & billionaires born and will be born. The main advantage of the Information age is that, you don’t require money to make money. You require just an idea (& an online space) to make money. Up to the Industrial age, you required money to make money.

e-Bay store is the Best example of making money out of an idea only. And don’t underestimate the potential of the online stores especially e-Bay stores.

Here are the advantages of e-Bay store over traditional offline brick & mortar store -

01) Cost effective – If you want to open a traditional offline store than you need to buy a commercial space at prime location of the city. And that will cost you literally crores of rupees. While opening an e-Bay store will cost you just US $ 15 per month.

02) Minimal Man Power required – The main advantage of online stores is that, you can operate it with minimal man power. You can manage all of your Inventory & Sales Data with just 1 single click. While in case of traditional offline store you need to higher manpower to run that store which will cost you.

03) Wide Customer Base (World wide Audience) – The main advantage of the online store is that, The Internet is connected to the whole world. The Internet Population is above 1 Billion. So from the first day, your target market becomes very wide. Now in case of traditional offline stores your target market will be limited to that particular city only and thus less revenue in comparison with the online store.

04) Run 24/7 without your presence – The main advantage of the e-Bay store is that, it runs 24 hours a day, 7 days a week without your presence. People will visit your store and buy the items and pay online. You don’t have to present on your inline store to collect the payment.

So these are the some advantages of opening an eBay store. eBay store is the next generation Business idea. In my opinion, if you are right now in college and passionate about starting your own Business than start your own eBay store Business right now. You can chose to sell from around 20,000 categories and sub categories.

eBay Store: How to open an eBay Store? The Basics of eBay store

Well, this is an Information Age and all you require to start your Business is an Online Space. Unlike Industrial Age, you don’t require any huge Investments in the Information Age.

You can now open your shop Online also. The best place to open an Online shop is ‘e-Bay Store’.

How to Open an e-Bay store?

Features of e-Bay store

The above page will guide you about how you can open a store with an e-Bay.

Advantages of e-Bay store -
# Powerful marketing features
# Design and customization tools
# Easy listing management
# Advanced reporting
# Exclusive access to Store Inventory listing Format
# Dedicated toll-free customer support

Features of e-Bay store -

The basic store is just $ 15.95 per month.

and each listing is only $0.02 and you can add a gallery picture for just a penny. With insertion fees starting at $0.30 for regular auction listings, you can see how quickly the savings add up if you list a number of items every month. Final value fees are the same whether you sell through your store or through a regular auction listing.

Here is a great way to save a little money and also get people to look in your store. Run a regular auction on an item that you have multiples of, and also list the same item as a store listing. Somewhere within the description on the regular auction listing, include a blurb stating something to the effect that if they don’t want to wait until the auction ends, they can “Buy it Now” in your eBay store. Include a hyperlink that takes them directly to your store.

This saves you an additional $0.03, as the Buy it Now fee is $0.05 cents and the store listing is only $0.02. And really, it saves you even more because the store listing is good for 30 days and the max listing on an auction without paying $0.20 cents for a 10-day listing is only 7 days.

Categories
Categories are another big advantage of having an eBay store.

Quantity discounts
There are times that a customer might ask for something slightly different than what you have listed (maybe you make custom items), or you might want to offer them a quantity discount for purchasing multiple items

Promoting your Store
It used to be that you as the seller had to do heavy-duty marketing and promotion to get people to see your eBay store, but eBay has recently made big improvements to store items coming up both in eBay searches, as well as on search engines. Still, it is very important to promote your store yourself.

Inventory Control
One final suggestion I have is to use your eBay store to help control your inventory. With eBay stores, it is comparatively very inexpensive to list every single item you have in inventory. Then, when eBay offers free or reduced listing days, it is extremely easy to take advantage of it.

Track your Success
Advanced tracking and analysis. Get real time reporting and make bookkeeping easy.

Easy Listing & Sales Management
Manage costs, Built-in shortcuts and simplify sales management.

Virtual Property Tycoons: The Next Generation Tycoons

Let us today discuss about the next generation Property Tycoons. This is the Information age and the Internet is the virtual place to invest your money. In the next generation, you will see several virtual property tycoons in the world.

Even a High School going kids will invest in the Virtual properties and make their fortunes in their twenties and thirties. The next era will be of virtual properties and virtual businesses. People will invest in the virtual assets (Online Assets) to get rich at the speed of light.

The Virtual Property can be anything such as,

- Domain Names
- Websites
- Blogs
- Forums
- Facebook Applications
- iPhone Applications
- Virtual properties in 3D Games like Second Life & Ultima Online
- or anything else which is on the Internet.

It is quite possible that after a decade, some high school going kid can be the owner of a Million Dollar Virtual Assets in some 3D Games like “Second Life”.

It is quite possible in the next generation that someone who is in his/her twenties is the owner of a multi-million dollars valuation of Blog, website, forum or a Facebook Application.

You can not see the online assets with your eyes. You have to see it with your mind only. This is the era of Intellectual (Mind) work. The more mind work you do, the more money you will make and thus more richer you will get.

What I advise you as a youngster is that, you start learning the various Investment Opportunities on the Internet. This is because in the next era, all of us will have to invest our money on the Internet.

How Much Money Do Americans Spend on Online Businesses?



According to the survey by Stanford University. 90% of people using the Internet are engaged in e-mailing activities and 46% people are doing work or some kind of Business on the Internet. This shows that Americans spend lots of money behind growing their online Businesses.

We don’t have the accurate data because it is really impossible to calculate such figures with high accuracy. But it is sure that Americans spend lots of money probably Billions of dollars every year on their Internet Businesses.

In developing countries like India, spending money behind the Internet Business is not the trend. People of India still don’t understand the huge potential of Internet Businesses and that’s why they afraid to spend and Invest behind starting their own Internet Business.

Why & How to Invest in Websites?
Websites are the new asset classes. Many investors from all around the world invest in websites. It’s just like investing your money in traditional assets such as stocks, bonds, gold, real estate and mutual funds.

Websites are the intellectual properties in its purest form. They are the online assets. They are the real estates of the Internet and people invest in them. There are several types of websites such as Blogs (Yes, Blogs are the kind of a website), forums, social networks, e-Commerce websites, Articles directories, Dating websites, Auction houses and many other types.

Why Investors prefer to Invest in websites?

Well, this is because of it’s exponential growth potential. The valuations of websites is mainly based on its web traffic. And the web traffic grows exponentially if the owners of the websites are smart enough. Thus, you can drive the valuation of any website to sky high if you know that how to attract the web traffic?

Equity and Real Estate can give you Maximum 20% Compounded annual return in the long run (More than 10 years). But a website can give your as high as 5000% return per year also. Yes, the valuation of this online asset grows 5000% also in a year or even more.

So this means that, if you invest in a website and make a portfolio of websites just like stocks and bonds, you can grow your wealth more than from any other traditional asset class.

How much a Website Cost?

Well, it depends on its current web traffic, it’s past 3-6 months of earnings and its popularity. Usually you can find good deals for as low as $ 500 per website on the Internet. However, some websites are worth of Millions of Dollars. And yes, Investors invest in this kind of websites also.

How to Buy a Website?

Flippa.com & SitePoint.com are the 2 reputed market places on the Internet where you can find good deals to invest in websites.

Believe me, Websites are the new asset classes and they are very profitable assets. They can grow your net worth like anything if you have invested in a good website. So the next time whenever you have a spare money on your hand, try this new asset class…!!!

If you are in technology field than please answer the above question honsetly. Let me tell you my own experience when I asked this question to several of my friends who are in Technology field?

Well, None of them had ever invested in companies like Google & Microsoft even though they have a first class knowledge of Technology Field. And this scenario is true about almost any field. When I asked my doctor friends that where do they invest their money? None of them had ever answered Apollo Hospitals or any other Pharma Companies or big profitable hospitals.

What I ask you is that, if you have a first class level of knowledge in your own field (In our example Technology Field) than why don’t you invest in the reputed companies of your own field? Why do you rush to invest for those field investments about which you don’t have any expertise at all?

Most of the people Invest by following their emotions. Means when they see some real estate developer to make huge fortune from Real Estate Investments, they simply rush to invest in real estate, the field in which they don’t have any expertise at all.

Obviously the real estate developers will invest in real estate only because their core asset is the real estate. But it doesn’t mean that the same investment vehicle will make you rich. Rather than if you are a Techie than it is advisable to invest in technology companies like Google, Microsoft, TCS, Infosys, Wipro…etc.

This is because you know about your own field much better than the other fields and thus making Investments in your own field will definitely make you rich over the time. This is as simple.

Tell me What is your Opinion about this Investment Philosophy?

It Doesn’t Take Money To Make Money Anymore…!!!

This is the Information age and the rules of money are changed now. Since our birth, the only thing has been hammered in our mind that, “Money Attract Money”, “It takes money to make money”, “Investors make money out of their money” and so on….!!!!

Well, the above financial advise was true once upon a time means before the 1990, before the birth of the internet when it was Industrial age. But after 1990, this advise is no more true. I means today also you can make money out of money but it is the partial truth. Today it doesn’t require money to make money anymore.

Today in the Information age, you just require an idea to make money and ideas are free. Still don’t understand what I want to tell you? Well, Let me explain you by giving my own Example.

Just one and a half years before (March 2008), I launched this blog and started blogging. This Blog is my Internet Business and I am it’s CEO. today after one and a half years of Blogging, this blog is my profitable Business which makes well above $ 100 per month in Cashflow for me. And do you know that what is the Valuation of this Asset (This Blog)? Well, it’s well above $ 20,000 when I am writing this article.

The Alexa rank of this Blog is 4,60,000 and I can sell this blog right now for $ 20,000 on market places such as Sitepoint and Flippa.com.

Now $ 20,000 means 10 lakhs rupees. Now, this is the Capital Gain of my asset means it’s “On Paper” Only but after all money is the game of creating valuations. Just think that, How many of my friends right now own an Asset (Or a Business) having net worth of $ 20,000? Not a Single One….!!!!

And How much I invested to develop an Asset of $ 20,000 in just one and a half years? Well Nothing (Of course I have invested lots of my time). So Now, you understand that, in the Information age it doesn’t require money to make money anymore.

It requires only an idea and a web space to make money.

Internet is full of wealth like this. Now, just think that how many school going kids and teens around the world are developing their web assets right now? Literally hundreds of thousands if not millions. Now, all of them will become more rich after 5 years than those who have followed the principles of Industrial age means “Go to School, Get Good Grades, Find a Safe and Secure job and retire at the age of 65”

So Just use your brain and make money from Idea….

Know Facebook Application well….

Many people don’t know the basics of facebook application, what is it and how it works? Well, let me explain you today in Layman’s language that, What is Facebook Application and how it works?

Facebook Applications are really a gold mines. They are the entirely new Asset class and the entire new Business opportunities. Many Facebook Application developers have literally made fortunes out of their Facebook applications.

In Layman’s Language, Facebook application is something which adds value to the users of facebook in many forms.

Say, for Example – The Birthday Calendar is a famous FB application. Many FB users use this application to remember their friends’ birthdates.

A Facebook application can be a game also. It can be an online store also which sells virtual goods. In short, a FB application can be anything which is developed on Facebook platform and adds value to the users of facebook. Now, you will think that, Why FB applications are Business Opportunities?

Well, Because many FB Application owners are making literally 6 figure income in dollars every year from their FB applications. Yes, This is True…. I am not Kidding. but many FB applications are making literally 6 figure income for their owners every year.

How to make money from FB applications? -

Well, there are basically 3 ways to make money from FB Applications.

01) By Selling Ad Spaces on the FB application

02) By Selling Virtual Goods

03) By Selling FB application itself.

The above are the 3 basic ways of making money from FB apps. First and commonest way of making money is by selling ad spaces on it. Many apps are earning literally 6 figure income every year by selling ad spaces. Another great way of making FB application is by selling virtual goods on FB application. Some FB applications are making literally millions of dollars by selling virtual goods every year. Virtual goods can be anything such as Virtual Chocolates, Tattoos, valentine roses, virtual pets and many other things. The Last way of making money from FB applications is by selling it for Capital Gains. Yes, This is true. You can sell your FB application just like any other Assets in this world such as stocks, bonds, gold and real estate.

Famous Facebook Applications -

Many FB Applications are very popular and make literally millions of dollars every year for their owners. It’s a passive income which flows in automatically without your much effort.

Mafia Wars, Be a Tycoon & FooPets are some of the most famous Facebook applications. These applications are making literally millions of dollars for their owners every year.

So I advise young college going people to look for this entirely new variety of Business Opportunity. It’s a great money making opportunity….!!!

10 Ways Small Companies can Cut Tech Spends

- Explore and use online options – software and services

- Use original software. Counterfeit software results i countless hours of lost productivity

- Don’t be afraid to try new enterprise technologies such as unified communications and CRM. These can reduce costs dramatically.

- Evaluate the total cost of operations of the IT Solution – irrespective of whether it is online or offline or even free

- Ask for tailored solutions, which often package multiple functions together. The needs of SMEs are very different

- Solutions should be scalable and should easily support medium term growth with incremental investment

- Look for easy payment options, staggered licensing payment or even loans that offer low EMI

- Use software that is familiar and easy to use. This will save you heavy costs of long drawn training sessions.

- Look for a good partner who can be your critical link to successful IT deployment and running

- Look for interoperable solutions which integrate with a broad amy of hardware, software, networks to save cost

Social Networking website Facebook continues its rapid rise and has already become the fourth most trafficked website in the world, Technology Blog TechCrunch has reported.

In June, Facebook attracted a Total of 340 Million Unique Visitors globally, tailing only Google, Microsoft and Yahoo sites, the report said, citing latest results from market research firm comScore.

According to the report, Facebook grew 157% in the past year alone, gaining 208 Million Visitors.

What is a Podcast? – A Great Business Opportunity

Many of you may not have heard the name “Podcast”. And in countries like India, where the Internet Infrastructure is very poor, people don’t know much about “What is Podcast?”

But let me tell you that, there is a great Business Opportunity hidden in the podcasting. First of all let us understand in layman’s language that What is Podcast and why it is the future of the Internet?

Well, in simple words, Podcast is the Combination of 2 words – iPod + Broadcast = Podcast

Those who don’t know anything about iPod, let me tell you that it is the MP3 product by Apple. You can hear Music in it. Click Here to learn more about iPod.

Now in Podcast, you can record your own Audio file by recording your own voice and put it on your Blog or website as a Download Link. So anybody can hear your Audio File.

Here is the Example of Podcast File: Choosing a Business from Yaro Stark of Entrepreneurs-Journey.com This is 18 minute audio file by Yaro.

Podcasting is the future of the internet. Right now you are listening your favourite radio channel. But in future, all of this world will listen podcast only. Not only this but you can subscribe Podcast just like RSS feed for content. Means whenever a Blog owner will release a Podcast, your iTunes will automatically download it for you.

The Best part about podcasting is that, you can only hear those podcasts which are interested for you. In traditional Radio, you have to listen all the broadcasts. Another advantage of Podcasting is that, it will reduce the entry level of Internet Entrepreneurs in Entertainment & Broadcasting Industry.

In the future, even a School Going Internet Entrepreneur will compete the famous Radio Channels from his home by launching his own Online Podcasting Company.

So the next decade is of Podcasting. Think that weather your Business fits into this Business Opportunity or not?

Getting out of Personal Loan (Signature Loan) Trap

It’s never been easy to escape from the debt trap. Debt is a disease. People borrow money to fuel their status life style and ultimately one day when they wake up in the morning, they find themselves in a deep debt up to their eye balls and from that day they can’t stop working.

Let me give you an Example of my recently married friend. He has borrowed money during his marriage for expensive shopping and to look cool and rich. He scratched all of his credit cards and taken a huge personal loan. Today almost a year after his marriage he is still repaying that debt. and recently he started defaulting in his personal loan payments because they come with higher interest rates.

This is the scenario of many people. Means they take personal loans to fuel their status life style and ultimately caught into a debt trap. Here are few things that you can do if you find yourself trapped in a Personal Loam Trap someday -

01) Monetise your assets such as Car, Home, Insurance policies, stocks, bonds, FDs, Mutual funds, Gold, Real Estate…etc… to get rid of this debt. I mean to say that, sell some of your assets to repay all of that debt at single go. I know that you will feel very sad while selling your assets but believe me it’s worth it. The Best investment is repaying your debts. If you repay all of your debts, you can later on build those assets anytime.

02) Consult Financial Advisor – This is the another option. If you don’t know how to get out of this trap, it is better to consult a good financial advisor. He will advise you that how to get out of this bad loan.

03) Go for Debt Consolidation – This is the option for many people. Here all of your debt portfolio components are combined by one lender and than you have to pay just one monthly installment which is relatively lower than all your combined payments over a longer tenure. In other words, all of your loans are converted into a single low interest rate loan typically backed by your home and than you have to pay only one installment per year.

However, it is always advisable that, you stay away from this worst type of loan. Remember my words,

“Nobody ever goes broke that doesn’t owe Money”

If you ask me for one Best Financial advise during the time of Recession than it is - “Escape the Debt Trap”.

Yes…. Debt is a Trap and you should get out of the Debt trap as soon as possible means NOW…!!!! Because Debt is designed to make you hold in the economy and work like a slave in the economy. And that’s why Banks & Financial Institutes offer you varieties of Debts such as Home Loan, Personal Loans, Car Loans, Credit Cards and many other types of Loans.

So until you pay off, all of your Debts, You can’t take retirement and escape from the economy. Countries like USA, offer debts very freely to everyone because once a US Citizen takes a Debt, He has to work like a Slave in the Economy to repay that Debt and the second advantage is that, as long as that Individual will work in the economy, he/she has to pay taxes.

So Debt is a very dangerous Disease.

So How to Escape the Debt Trap? -

Well, there are many books written on ‘How to Escape from the Debt Trap?” Here are few advises from such books.

- Build an Emergency Fund
- Increase your working hours. Do Over time or part time jobs to repay your Debt
- Use Debt Snowball method to repay the Debt
- Cut Down all of your Credit Cards
- First of all Stop Borrowing Money from anyone.
- Cut Down your un necessary and Entertainment Expenses and divert those expenses towards paying off your Debt
- Take a Debt Help or the help of Debt Counseling Services

So follow the all of the above things and “Get Out of Debt” as early as possible and enjoy Financially Free Life….!!!!

Credit Card Debt is the worst type of Financial Trap. Banks & Credit Card Companies simply love this Financial Product. Because they can charge from anywhere between 35-50% per year interest rate from you once you scratch your credit card.

Once you scratch your credit card, you trap into this worst type of trap. Now you enter into the world of negative compounding. Means the Compound interest will work against you. Do you want to know that how dangerous this trap is? Well, more than 75% of Bankruptcies in USA are because of the Credit Card Debt. Want more proof? So every time you scratch your credit card or default in the monthly minimum payment, you increase your probability of going bankrupt and nothing else. Annual 35-50% of interest rate will sooner or later make you poor or even bankrupt.

You have to understand the fact that, if you want to be rich and financially free than Credit card is not a good choice. Credit Card is not the right financial product for you if you want to be Financially free or rich. Rich never use credit cards not because they are rich but that’s why they are rich. Unfortunately, Credit Card companies do so much aggressive marketing that not having credit card in your pocket will make you feel poor.

The reason why people fall in the Credit Card Debt trap is because of lack of Financial Literacy and aggressive marketing by the credit card companies. So are you caught in this trap? if yes than don’t worry, you are not alone on this world. There are literally millions of people around this world who are caught in this trap right now.

If you are caught by this trap than don’t worry, I have a solution of how to escape from this worst type of trap and how to stay away from this trap. I have a strategy for you to escape from this trap.

Step: 1 Cut Down all of your Credit Cards First & stop Borrowing more money -

If you want to escape from the Credit Card Debt trap than first of all you have to stop borrowing more money. You have to cut down all of your credit cards with the scissor.

Step: 2 Build an Emergency Fund & replace your Credit Cards with Debit Card -

Most of the people give an excuse that, I use credit card for an emergency purpose. But let me tell you that, for an emergency purpose you should have an emergency fund and not the credit cards. So replace your credit cards with debit cards and build a sufficient emergency fund.

Step: 3 Pay slightly more than the Minimum amount due -

The Best and most effective way of getting out of the credit card debt trap is, every month you pay slightly more than the minimum amount due. Say for Example, if your minimum outstanding every month is US $ 50 than pay $60, $ 70 or even more. This is the best way to get out of this trap.

So this is how you can escape from this trap.

Over Diversification Trap: How to save your portfolio from this trap?

Do you know that Over Diversification is a Trap? Do you know that right now your Investment portfolio might be suffering from the Over Diversification Trap? So What is Over Diversification Trap and how it affects your Financial Goals?

Well, In Simple words, Over Diversification means the problem of plenty. What many people do is, they buy more and more stocks & mutual funds at the name of diversification and keep adding them in their portfolios. So once a time comes when every stock or mutual fund in the market will be in their Investment Portfolios. Imagine that what will happen to your Portfolio if you add more and more stocks and mutual funds in it at the name of diversification? It will not remain a portfolio anymore but it will become a large collection of securities.

Over Diversification is a Trap because it will affect your long term financial goals. If you over diversify your portfolio than the impact of any one stock’s good return on the over all portfolio will be minimal and thus the return of your portfolio will become average. Say for Example, Imagine that your portfolio consists of 10 stocks so each stock’s over all influence on the portfolio will be 10%. So Gain in any one stock will have the impact on the over all return of the portfolio. But now imagine the portfolio having 100 stocks. So the return of any stock’s gain on the over all return of the Investment Portfolio will be just 1%. Not only this but some people collect hundreds of mutual funds in their portfolios at the name of Diversification. Now one mutual fund has a portfolio of anywhere between 30-100 stocks. So 100 mutual funds in a single Investment Portfolio means every stock in the market is in your portfolio. If your Portfolio is suffering from Over Diversification Trap than it means that you are going nowhere Financially.

So now review your portfolio and ask your self that weather your Investment Portfolio is suffering from this trap or not? If yes than don’t worry. You are not alone on this world. There are literally millions of people in this world whose portfolio is suffering from this trap. The main reason why people fall into this trap is lack of basic Financial Literacy.

So the solution of getting out of and stay away from the Over Diversification Trap is Financial Literacy. So now go and review your portfolio. Let me give you the unique tip. An Idea Investment portfolio should have either 8-10 stocks or 2-3 equity diversified mutual funds as a core, 1 Tax saving fund and 1 or 2 sector funds. Never Mix Direct Equity Investment with Mutual Funds. This tip will help you to get out of the Over Diversification Trap… Best Luck…!!!

Do you know that Portfolio Management Services (PMS) are trap? They are nothing but the opaque mutual funds. Right now in India, PMS are highly un regulated schemes. Banks and Financial Institutions offer these services to High net worth individuals claiming that, these schemes are for rich and sophisticated investors. But wait. This is a trap. Portfolio Management services are no better than traditional equity diversified mutual funds. The only difference between mutual funds and PMS is that, Mutual Funds have a common portfolio in which large number of investors invest while PMS is customized portfolios for Individuals. But the major difference is that, Mutual Funds are highly regulated and transparent while PMS are highly un regulated and opaque.

So next time, when your bank’s relationship officer call you for PMS or Wealth Management Services than simply say NO. Because the main job of relationship officer of your bank is to sell the financial products of your banks to you for higher commission.

The main job of any Bank is to sell its Financial Products to the high net worth customers for higher commissions. So now review your self. Are you caught in this trap? If yes than don’t worry. You are not alone on this world who is caught in this trap. There are thousands of people like you.

So How to avoid your self from PMS Trap? Well, Financial Education is the key. I have already aware you about this trap and this Financial Literacy is the key to stay away from this trap. So next time, if your bank’s relationship officer call you and offer you these types of products than simply ask your self that, “Why this person is selling this product to me?” If your answer is, “Because this person’s job is to sell the products of bank in which he is working” than simply don’t buy those financial products.

Financial Literacy & Awareness are the only keys to stay away from this trap. So Educate your self…!!!

Debt is a trap because it holds you in the economy and make you work like a slave until you repay it. Many people buy various type of debt products such as Credit Cards, Car Loans, Personal Loans, Travel Loans, Consumer EMIs, Shopping EMIs and many more… The more they earn, the more they take a debt. Most of the Middle class people live on the single formula, Buy Today & Pay Tomorrow.

Every time people get a pay rise at their job places, they become qualified for a new loan only. Now the pay scale has rise so the will take more debt to by cars, shoppings, Electronics…etc…And one day they when they wake up in the morning, they find themselves into a deep debt up to their eye balls and from that day they can’t stop working. Once you caught into a Debt Trap, you can’t stop working for rest of your life or until you die.

You have to understand the fact that, if you take a debt, you are going nowhere financially. If you want to be Financially free and rich than you must get out of this trap. Otherwise you will never become rich. Getting out of Debt Trap & stay away from this trap is the key to Financial Freedom.

Are you already caught in the Debt Trap while reading this article? Than don’t worry, You are not alone on this world who is caught by this trap. There are several million people around this world who are caught in this trap and right now they are working like a slave at their job places to repay those huge loans and Interests.

If you already caught in this trap than I will teach you how to escape from this trap? Here are steps of getting out of Debt Trap.

Step:1 Stop Borrowing More Money -

The first step of getting out of debt is, stop borrowing more money. Cut down all of your credit cards and decide that I will never borrow money again.

Step:2 Build an Emergency Fund -

Build a sufficient emergency fund. An Emergency fund is 3-6 months of monthly expense.

Step:3 Apply the Debt Snow Ball Method to get out of debt -

According to Dave Ramsey, You should apply Debt snowball method to get out of debt. It means that you should first pay low balance debts first and once you pay your low balance debt, divert that cashflow towards paying other high balance debts. In this way, you will feel better.

Step:4 Do Over time at your Job place -

If you want to get out of debt than you should increase your income by doing an over time at your job place or by doing another part time job. Of course, you will have to compromise with your weekends, movies and long-drives but its worth. Once you get out of debt, you can enjoy all of these luxuries.

Step:5 Start a Side Business -

Starting a Side Business is the best thing. I am not saying that, you should start a side business to earn few more bugs. Because it takes a time to develop Business. But I am saying it because developing a Business is worth in the long run. Business is your Asset which can provide you cash flow forever once it grows sufficiently.

So act now to get out of the Debt Trap.

NFO (New Fund Offer) is a Trap. More and more Mutual Funds are launching NFOs daily. The market is full of NFOs. But wait…. It’s a Trap. The Mutual Fund Companies market their New Fund schemes by telling people that it is cheap because the NAV (Net Asset Value) of these new funds is just Rs.10 per Unit. Most of the small Investors are NFO Lovers. They think that NFOs are cheap and that’s why they keep buying more and more new schemes. Every time any mutual fund launches a new scheme, they simply buy it and add it in to their portfolios thinking that it is a cheap.

But it is not so. Even though NFOs are selling at Rs.10 per Unit, they are not cheap because the underlying market is stretched. Over the time, these people don’t remain Mutual Fund Investors anymore but they become Collectors of NFOs. And their Portfolios don’t remain portfolios any more but it becomes their Collection.

Let me explain you why this is a Trap. Why NAV of Rs.10 per Unit is not cheap? Say for Example, if you have invested the same amount of money in two mutual funds. One Mutual Fund has NAV of Rs.100 and the other has Rs.10 per Unit. Now suppose after one year, both the mutual funds generate 20% return than the NAV of first mutual fund will become Rs.120 and that of second fund will become Rs.12 per unit. So in the terms of percentage, your money will appreciate the same. So if you have invested Rs.10,000 in each mutual funds than after 1 year, The value of Money invested in both the mutual funds will be Rs.12,000. So your ultimate return does not have anything to do with Mutual Fund NAV. Low NAV is not necessarily cheap. What we buy in Mutual Funds is its Management.

So ask yourself that, weather you are an Investor or a Collector? Review your portfolio and ask yourself that weather this is a Portfolio or a Collection?

You have to understand the fact that, collecting so many NFOs won’t help you to achieve your Financial Goals. In fact, it will reduce your over all portfolio return. If you are in a NFO Trap than you are going no where Financially. Try to understand the fact that, collecting so many NFOs won’t help you to achieve Financial Freedom.

Now you must be thinking that, “Ohh… God..I am in NFO Trap. Now What to do?” Well, Don’t worry. You are not alone. There are literally millions of people like you in the world who are trapped in this Trap. In fact only 2-5 out of 1000 people make perfect Mutual Funds Investment decisions.

Don’t worry. I will teach you how to escape from the NFO Trap and stay away from it.

Well, see. You have to understand the fact that, Investment is 10% Maths and 90% Behavioral Control. What we look in any mutual fund scheme is it past record of proven performance. The past record of performance shows that how effective the fund management team is in managing your money. Unfortunately, NFOs don’t have any past record of performance. So don’t see at NFOs. Always ask for past performance.

If you already fall into this trap and became a NFO Collector rather than an Investor than reshuffle your portfolio. Keep in mind exit loads while reshuffling your portfolio. Remember, an ideal portfolio should have 2-3 core funds, 1 or maximum 2 thematic funds and at least one tax saving fund. Exit from all of those funds in your portfolio which don’t have a proven past record of at least 5 years. In short, the ideal portfolio should have 3-5 mutual funds only to meet all of your financial goals in the long run.

“How to Become Rich” is the commonest query that people search around on the internet. And getting rich is one of the biggest market on the internet. And internet marketers sell literally any thing to this get rich crowd. First of all let me tell you that which are the possible ways to get rich and successful in your life and later on we will discuss some frequently asked questions about getting rich.

You can become rich by receiving the inheritance. This is the surest way to become a rich. However, the chances of becoming rich by this way are very less. You can also become rich by lottery winning. Again the chances are very less. You can also become rich by marrying a rich spouse. But you may have to compromise lots of things for this. Another surest way to become rich is that, you become a self-employee like Doctor, Lawyer, Chartered Accountant, Actor..etc.. and become rich or you can become rich by getting some higher level of post in some multinational corporation.

All of the above are the various ways to become rich. Now, the following are another 2 ways by which anyone can get rich with comparatively higher probability than the above things. These 2 ways are – Business and Investments. You can either become rich by developing your own business out of scratch or become rich by doing Investments.

Now, the following are the most common FAQs about becoming rich. Read their answers carefully.

How to Become Rich man?

You can become rich by both Active (Job, Self-Employment) or Passive (Business & Investments) Income. But the main problem with the Active income is that you will have to work hard for the rest of your life to make money. The day you stop working for the money, your income will stop flowing in your pocket. However, Business and Investments are the passive income streams so you will have to work hard to develop these income streams once but once these income streams develop, even if you stop working, that income will keep flowing into your bank accounts for the rest of your life and even if you die.

I have not discussed getting rich by Inheritance or Lottery winning because these factors are not in your control.

How to Become Rich in India?

Again the same answer as that of above. You will have to decide that weather you want to become rich by developing Active Income stream or by passive income stream. In my opinion, developing passive income streams is a smart idea to become rich.

How to Become Rich Fast?

The fastest way to become rich is – You own the Internet Business. There is no other way to become rich faster than owning the Internet Business. All the Technology Billionaires in this world became billionaires in their twenties and forties and all of them became rich fast because they owned the internet businesses. Mark Zuckerberg (Facebook), Larry Page (Google), Bill Gates (Microsoft) are just the few examples of people who became rich fast by owning the internet businesses.

Lottery winning is another way to become rich fast. But well, its not in your control. So let us not discuss it.

How to Become Rich in Short Time?

Again the answer is – By Owning the Internet Business. It is only the Internet Business which has the potential to grow exponentially in a short period of time.

How to Become Rich in One Day?

The Best answers are Lottery Winning, Inheritance or Marry a Rich Spouse. But well, possibilities of getting rich by these ways is extremely rare. Otherwise there is no other way to become rich in one day. Even a Sports star, Actor or the Celebrity don’t get rich in one day. It takes time to get rich.

How to Become Rich in 10 Days?

Again it is possible only by Inheritance, Lottery winning or marrying a rich spouse.

How to Become Rich Online?

It’s simple. Develop your own Online Asset. It can be anything such as Website, blog, Facebook application, Forums, iPhone Applications, Gaming website or anything else. You can later on sell your online fortune to another buyer and get rich at single stroke. In fact, many internet entrepreneurs around the world have become rich by selling their online fortunes in their twenties and thirties and right now they are travelling the world and enjoying their life like anything.

I am sure that this article will be helpful to you to take a decisions about which path to choose. Kindly comment on this article and let me know your response about it.

This is the information age and because of the information age, now more and more younger people are entering into the millionaire club. Previously a typical, self-made first generation millionaires were commonly from 45-60 years of age group.

But now this trend is changing. Today because of the Internet, more and more young people are joining the millionaire club. Right now when I am writing this article, the people from 20-35 years of age are joining the millionaire club at highest rate.

This is because of the staggering growth of their Internet Businesses. The Internet Businesses grow exponentially in a very short period of time and because of this exponential growth, people in the Information age are getting rich faster and faster at the speed of light.

Many Bloggers and website owners have made their fortunes in their twenties and thirties. People who born after 1990 have seen the world through the eye of the Internet and that’s why they have started doing their businesses and Investments on the Internet.

These young entrepreneurs are joining the millionaire club day by day. And in the future, we will see more and more young age Internet millionaires and billionaires.

Do you really want to know that what wealthy people really buy? Well, The True Answer is - Assets. Yes, Wealthy people spend most of their life buying assets out of their money. The more richer they get, the more assets they buy.

Most of the people have a false belief that wealthy people buy expensive clothes, drive expensive cars and do expensive shopping. However, this is not the truth. The truth is that, wealthy people buy these luxurious things but not more than 1% of their Total Net Worth.

The rest of the 99% of their Net Worth goes towards buying some real Assets such as Stocks, Bonds, Gold, Real Estate, Mutual Funds, Art, Diamonds, Sports teams, Businesses, Web Properties or any other kind of asset which gives Capital Gains, Cashflow or both.

So this means that if you want to become wealthy and stay wealthy than spend your life behind buying assets. The more assets you will buy, the more richer you will get over the time. Rich people are rich today because they have started accumulating assets out of their money since their early life and over the time they have accumulated so much assets that the passive income from their assets start covering all of their possible expenses.

Thus, if you want to become rich than buy Assets like rich. Accumulate assets like rich and you will surely become rich over the time.

Do you know that how much you spend on a car affects your wealth in the long run? Yes, This is true. Buying a Car is a Financial Decision and what will be your future wealth will really depends on which car you buy in the which stage of your life?

What most of the young working couple do is, they buy expensive and luxurious cars during the first 5 years of their working life. This is because they are earning a lot. But they don’t realize that this financial decision will erode their over all wealth over a period of long time.

Ideally you should buy a car which is less than 1 % of your total net worth. Rich people buy their new car in this way. While middle class people buy a car that may be worth of 30-70% of their total net worth…!!!

You will ask me than that, in my city I am seeing lots of luxurious cars. Does it mean that all of them are rich? Well, No. 95% of them are upper middle class. They just earn more and that’s why they qualify for large loans. But in reality they have a little accumulated wealth.

Remember, A Wealth is something which you accumulate. Your Income is not your wealth. Many people don’t agree with this argument. But this is the Truth. Your Bank or a Car Company will never tell you this Truth. Because they are not in the business of spreading financial awareness to the people. So if you understand the meaning of this article than never buy a car that is worth more than 1% of your total net worth.

Now, what if your current net worth is very low and it’s 1% is not sufficient to buy a new car? Well, than buy a second hand car. The people who are rich today have drive the second hand car for several years of their lives and that’s why they are rich today.

The Wealth Distribution around the world is very much uneven. Just 2% people of this world own more than 50% of the world’s Total Wealth. Well, Yes. This is true. More than half of world’s total wealth is owned by 2% people of this world.

Here is a Wealth Distribution Chart on the World Map.




The Map shows the Per Capita Wealth in US $. The red area shows the Per Capita Wealth over $ 50,000. Which is highest. Countries like USA, Australia & Europe are in red. while countries like India are poorest among the wealth.

The richest 2% of adults in the world own more than half of global household wealth according to a path-breaking study released today by UNU World Institute for Development Economics Research (UNU-WIDER).

The most comprehensive study of personal wealth ever undertaken also reports that the richest 1% of adults alone owned 40% of global assets in the year 2000, and that the richest 10% of adults accounted for 85% of the world total. In contrast, the bottom half of the world adult population owned barely 1% of global wealth.

One should be clear about What is “Wealth”?. Your Income is not your Wealth. In simple words, the wealth is something which you accumulate over the time. Wealth is the value of your assets minus the value of your liabilities. Say for Example if your Business Valuation is US $ 800,000 and your total debt/liabilities are US $ 200,000 than your Net Worth/Wealth is US $ 600,000. Wealth is calculated in the Net Worth in the United States means Assets – Liabilities.

According to studies, IQ and Wealth of Nations are sometimes correlated. However, there are few exceptions also.

Thus, the wealth is highly unevenly distributed in the world. And that’s why if you want to enter into the rich club than you should be the wealth creator. You should create and own Assets. You should create new wealth in the economy if you want to get rich and stay wealthy…

Wealth is always distributed unequally world wide. The wealth follows the principle of 80/20 means the 20% people around the world own the 80% of the total wealth in the world while the rest of the 80% in this world share just 20% of the wealth. I know that this sounds cruel but it’s true. And the logical reason behind it is The Compound Interest. The Compound Interest is so powerful over the time that rich get richer.

The first comprehensive survey of household assets, debts and savings has been released by the Reserve Bank of Australia in 2002.

The report results showed the median wealth of the average Australian household was $218,500. The most valuable non-financial asset of most households in the survey was their home.

According to the report, New South Wales and Queensland households were likely to have higher levels of wealth than other states predominately as a result of the boom in median property prices in these states.

In New South Wales the median household wealth was $265,000 in 2002, compared to a median household wealth in Queensland of $173,000 and a median household wealth in South Australia of $153,100.

Household wealth was also determined by stage of life, with households towards the end of their working life, perhaps not surprisingly, having more savings, greater equity in their homes and lower mortgages than younger families.

Other findings in the studies include:


•The average wealth of the wealthiest 10 per cent is about $1.8 million;
•The largest component of both assets and debt is property;
•Wealth is strongly associated with age. The median wealth of 55–65 year-olds was $444,000 compared to $8000 among 18–24 year-olds;
•University education is associated with substantially higher levels of wealth;
•Singles and single-parent households have the lowest levels of wealth;
•Pensioners are well short of the wealth that would enable them to live a ‘comfortable lifestyle’, as determined by the Association of Superannuation Funds of Australia;
•Even accounting for age differences, marriage and to a lesser extent de facto relationships, are associated with greater wealth;
•The affect of divorce on wealth differs between men and women;
•Children are associated with less wealth;
•Smokers are less wealthy;
•Drinkers are wealthier, unless they are heavy drinkers;
•Exercise makes no difference to levels of wealth.

According to the 2006 data,

The average Canadian is worth $142,900 — on paper, at least — as rising real estate values offset a rise in personal debt and last spring's stock market correction, Statistics Canada said Friday.

In its regular report on the national balance sheet, Statistics Canada said the nation was worth $4.7 trillion at the end of the second quarter, or $142,900 per person.

Here also the wealthiest 10% people own almost 90% of the total wealth and rest of the people share just 10% of the total wealth. This kind of un even distribution is every where. This is known as the 80/20 Principle of the Wealth means 20% people of this world own 80% of the total wealth of the world and the rest of 80% people share just 20% of the world’s total wealth.

According to the economists, the money is concentrated in fewer hands because of the compound interest. Because of the compound interest, the rich are getting richer and poor are getting poorer. Once you save & invest your money in some asset, the compound interest will start working for you and make you richer and richer day by day.

But you never save and invest your money, the compound interest will never work for you and you can never be rich. The wealthiest people own Assets like Businesses, Investments & Real Estate since generations and they pass on their assets to their following generations and that’s why they are getting richer and richer.

So now just tell me that, what is your average net worth? Is your net worth more or less than the average standards? But start acquiring assets as early as possible in your life to get rich.

Average Wealth UK

The richest 2% of this world own more than 50% of the world’s total wealth. And the richest 10% of the world own more than 85% of the total wealth and assets of the world and the rest 90% people around the world share just 15% of the wealth in this world.

I know that it sounds cruel but it’s the sad truth.

If we discuss about the Britain Economy than in UK the average household wealth is US $ 126,832 per adult which is the third highest in the world after USA & Japan. Yes, United States has the highest net worth per adult in the world.

Those with assets of $500,000 could consider themselves to be among the richest 1 per cent in the world. Those with net assets of $2,200 per adult were in the top half of the wealth distribution.

Although global income was distributed unequally, the spread of wealth was more skewed, according to the study by the World Institute for Development Economics Research of the UN University.

“Wealth is heavily concentrated in North America, Europe and high-income AsiaPacific countries. People in these countries collectively hold almost 90 per cent of total world wealth,” the report said.

Researchers defined wealth as the value of physical and financial assets minus debts.

In India, the average wealth per adult is just US $ 1100.

However, the countries like India & China are growing very very fast since past decade and at this rate, soon they will be world’s one of the largest economies.

Do you love to read stories? I love to read and listen stories. Let me today tell you a story of 2 students – Jones & Blue. Both have studied from the same high school and both are same in the age. But after completing a school, Jones joined the Medical School because he wanted to become a doctor while Blue started his own Business when he was just 22 years old. Mr.Blue started working on developing his own business at the age of 22 years only. Yes, Mr.Blue drop out from his college. Mr.Blue has never ever finished his college education.

While jones joined the medical school. After 30 years when both became 50 years of age they met again to compare their wealth. Dr.Jones was thinking that he must have several folds higher wealth than Blue because after all he was a doctor earning half a million dollars a year…. But when they compared their wealth, Mr.Blue was several times ahead in building a wealth than Dr.Jones. Both were Millionaires but Mr.Blue was Deca-Millionaire.

Now, how can this be possible? We have been taught in the school that doctors earn more and that’s why logically they should be richer than someone who is college drop out. Than how can Mr.Blue, a College drop out has much more wealth than Dr.Jones who is a Specialist Doctor?

Well, the reason is simple. Dr.Jones has wasted spent more than a dozen years in Medical school to become a doctor. And he started his clinical practice after more than 10 years from Mr.Blue who started his own Business at the age of 22 only. And this decade of Time has made all the difference.

Dr.Jones waste spent his time studying medical education and wasting spending his savings, his parents’ wealth and money he borrowed for medical education and living expenses. While on the other hand, Mr.Blue focused his time, money and energy to build his Business and becoming financially independent.

World’s most wealthiest people such as Bill Gates (Microsoft), Dhirubhai Ambani (Reliance), Larry Page (Google), Mark Zuckerberg (Facebook), Michael Dell (Dell Computers), Steve Jobs (Apple), Subhash Chandra (Zee telefilms) and Henry Ford (Ford Motors) are High school or College Drop outs. And that’s why they are one of the wealthiest people on this earth.

Remember, The more time you Waste Spend in the Education System, the Less Wealth you will accumulate in your life.

[Disclosure: Parents should not motivate their children to not to go to school after reading this article. This article is only for entertainment purpose. Studies show that 99 out of 100 newly started business fail within first year of it’s launch.]

The more time you spend in school & colleges to take higher education, the less wealth you will accumulate.

Well, I am not saying this but the studies done in USA say this. According to these Wealth experts & analysts who have studied and research the wealth pattern of wealthy people, The longer anyone stays in Schools & Colleges, the longer he postpones producing an income and building wealth. And the earlier one starts investing one’s income (No matter how small it is), the greater the opportunity to accumulate wealth in the long run.

Thus, if you want to become wealthy than you have to cut down your education time period. Than and only you can become wealthy. Take the Example of Bill Gates, Dhirubhai Ambani, Subhash Chandra, Larry Ellison (Oracle), Larry Page (Google) & Mark Zuckerberg (Facebook).

All of them are High School or College Drop outs and still every one of them have managed to build Billions of dollars of wealth.

This is because after dropping out from the education system, they have spend their time behind growing their own business and within a span of decade, their businesses grown to a multi-billion dollar empires. Now, just think that if they spent a decade in college to take higher educational degrees than would they have made the fortune?

Time is very precious element.

Remember, Lost money can be recovered but the lost time can never be recovered.

The more time you spend behind taking your education, the more you postpone your Investment plans and the more you reduce your chances of becoming wealthy. It is better to start early rather than earning a lot in the later life.

According to several studies done on wealthy people, it is observed that – There is a strong positive correlation between Investment Planning and Wealth Accumulation.

People who allocate more time for planning their Investments are much more richer than those who don’t allocate any time at all to plan their finances.

People who fail to accumulate significant wealth are those who have typically never ever spend a single hour behind planning their Investments, Financial Goals & Financial future. And unfortunately, most of the people in this world are like this.

Whenever I ask one of my friend that, Why he doesn’t allocate time for planning his Investments, he replies,

- Who Cares? I earn a Lot which covers all of my expenses. So I don’t need to plan my investments. I don’t want to waste my time.

This is one extreme. Now, let us see what my other friend says about this.

- Well, I have so much of work at my job place that I don’t get any free time to plan my investments.

Both of the above are the 2 extremes. People don’ understand the importance of Investment planning. They think that this is something that everyone should do in a Free time or if they get some waste time. But the fact is that, you actively have to extract few hours a week from your busy schedule to plan your Investments.

No matter how much you earn today. But if you never spend any time behind planning your investments than you will never become rich. So Start spending at least few hours a week to plan your Investments…!!!

If you want to become wealthy than you have to allocate 3 precious elements in such a manner that they combinely grow your wealth. Here are those 3 elements.

01) Time

02) Money &

03) Energy

Rich people are those who have perfectly allocated these 3 elements. Time comes the first. Allocating your time is more important than allocating only money. Most of the people have a false belief that, to become rich, they need money only. But it’s not true. To become rich, you need both money and time. In fact, time is more important than money.

I am talking about the time you spend behind planning your investments. Most of the people earn a lot. They work hard at their job places. They trade their time for money. And after doing a job, they become so much tired that they don’t have any time remaining for thinking about their financial planning and financial future.

So allocate your time first. Every week, allocate at least few hours for planning your Investments and managing money. Warren Buffet gives 60 hours a week behind planning and managing his wealth and that’s why he is world’s one of the richest person.

Those who regularly allocate their time, money and energy behind planning their investments will automatically grow richer than those who don’t focus these 3 elements to manage their wealth.

And that’s why I advise people not to do over time jobs to make some extra money. This is because after all, you are trading your valuable time in exchange of paycheck. Rather than that, spend this over time behind planning your investments and grow your money. This will pay you more returns in the future…!!!

What Does High Income Mean?: Does High Income Mean High level of Wealth?

High Income means people who are earning the income which is far above than the average level of income of that nation. These people look rich and wealthy. But I call them High Income / Low Wealth Accumulator Group of people.

Because of the High level of Income, these people spend more and buy luxurious items to look rich. But unfortunately, high income doesn’t mean higher conversion of wealth. To realize high income, these people have to pay more in taxes and thus, they fail to accumulate more in wealth.

While Wealthy people realize very less in Income and more in Capital Gains to avoid tax. People believe that, High Income means rich. But it is not true. If you earn a lot but spend all of that income than you can never be wealthy.

A Wealth has to be accumulated. You can not become wealthy by spending more. You have to accumulate more Assets if you want to become wealthy. To become a wealthy, you have to realize less in taxes and more in Investments (Such as Capital Gains).

Rahul Gandhi Declares Assets worth Rs.2.25 Crore

Let us today discuss about the Assets of Rahul Gandhi. Rahul Gandhi, the scion of Nehru-Gandhi family and MP from Amethi Parliamentary constituency, has moveable and immovable assets worth around 2.25 crore, including two farm houses and shops in New Delhi.

His Indira Gandhi Farm House at Mehrauli, which was worth Rs 9.86 lakh as on March 31, 2008, is spread over an area of 4,692 acre. Rahul has an undemarcated share of 50% in the farm house.

Similarly, his another farm house Mauja-Hasanpur village of Faridabad district is spread over an area more than six acre with a value of Rs 28.22 lakh.

Among commercial properties, he owns two shops at Metropolitan Mall at Saket in New Delhi with a total cost of Rs 1.63 crore.

Rahul has cash Rs 70,000, besides Rs 7,744 deposited in SBI, 7.42 lakh in Citi Bank and another Rs 3.41 lakh in the HDFC Bank.

Though, he does not hold bonds, debentures and shares in companies, Rahul invested Rs 10.29 lakh in other financial instruments like NSS postal savings and LIC policies etc.

Gandhi paid Rs 5,32,596 as Sales Tax and a total of Rs 97,115 as Property Tax.

Asset protection in divorce: Tiger Woods Divorce

Elin Nordegren asked for the Divorce from Tiger Woods and file a law suit against him. And not only this but she also asked for half of the fortune of Tiger Woods against the court. Tiger woods is a world famous golf player and he has made whooping $ 600 Million of wealth during his life time.

And today his wife is asking for half of this fortune from him as a divorce settlement.

This can happen to anyone in this world. But have you ever think that why many rich people are protected against such kind of lawsuits? This is because Rich people don’t own anything by their own name.

Yes, This is true. The Best way to protect your wealth against divorce is that, you don’t own anything in your name. And Rich people do this by using the corporate structure. They don’t own anything in their own name but they own everything in the mane of their companies & Businesses. And according to the law, the Company is a separate entity and one can not claim the assets of the company in case of divorce.

There are several asset protection strategies that rich people use and one of those strategies is the power of corporate structure. Corporate structure is designed to protect the wealth of the rich people. But unfortunately, most of the people around this world don’t know that how to use the corporate structure in their favour to protect their wealth.

Let us understand something about Marital Property -

Marital property consists of all income and assets acquired by either spouse during the marriage, even if an asset is in one spouse's name. This marital property is subject to division between divorcing spouses. Distinct property, such as property owned prior to the marriage, your inheritance, and gifts are excluded from marital property; these types of property remain non-marital property and are not divided at the time of divorce.

Individual property can lose its identity if mixed with marital property. For example, if you deposit your pay check into your premarital savings or investment account after marriage, then that account is considered marital property. The same may happen with inheritance property, like a joint account with your spouse. If you wish to have your partner's name on the deed and keep your entire equity or a particular portion of that equity, you should both sign an accord stating who possesses what piece of the property. Without an agreement, it will be treated as marital property and divided at the time of divorce.

I Hope this much Information is useful to you and will help you to structure your finances and protect your assets in any uneventful event.

There are 2 kind of people. One are High Income group of people. These are the people who earn a lot but can accumulate less in wealth. This is because they realize all of the Income and that’s why they have to pay lots of money in the tax. Doctors, Lawyers, Sports stars & IT Professionals fall under this category.

While the other kind of people are low income but high accumulator of wealth. This is because they realize less in income and more in Capital Gains (Unrealized Income). These are the true rich people. This is because they earn in the Capital Gains. And that’s why they don’t have to pay any Tax on their Capital Gains because it is unrealized Income.

Many rich people are earning literally more than 5 crore every year but even though they don’t pay anything in tax and that is also legally. This is because all of their Income is unrealized Income. These people earn everything in their Investments and that’s why they don’t have to pay anything in taxes.

While High Income group of people have to realize everything they earn and that’s why even though they earn just 1 crore every year, they have to pay 30 lakh tax. Because they realize everything they earn.

If you want to save tax than you have to earn in the Investments. This is the only key of protecting your wealth from the Tax.

Many people have a false belief that Millionaires are those who drive expensive cars, wear branded clothes & watches and do expensive shopping. This is because the media (News Papers & TV Channels) only cover the life style of glamorous people who spend lots of money.

Media never cover the life style of the true millionaires who live frugal. The real millionaires are those who live below their means, never take a debt and always spend less than they earn. But unfortunately, this is not the glamorous life style and that’s why there is nothing exciting in it.

If someone is earning $ 4 Million a year and his accumulated wealth is just $ 1.2 Million than technically speaking he is a millionaire but he is not wealthy. The millionaires are those who live frugal and spend less than they earn.

While a True Millionaire is one who if stops working today than also can live for the rest of his life on his wealth without working. Being Frugal is a best Financial advise but unfortunately, there is nothing exciting and glamorous about living frugal and that’s why media never cover the life style of true millionaires who live frugal.

It is only the Financial Education, by which you can understand the value of Living below your means…!!!

Many people want to become rich and that’s why they search the web for “Favourite Products of Rich People”. They think that rich invest in something different kind of financial products and that’s why they are rich. But this is not true.

And by taking the advantage of such kind of needs of people, Wealth Management Firms structure the complex looking financial products and target the upper middle class, High Income earning people. Such Kind of Financial products look like they offer more return than the traditional financial products.

But this is not true. Rich people became rich by following the same age old principles of building wealth. And still today they are following the same principles and that’s why they remain rich and become more richer than before.

Well, See. You have to understand that, Complex Financial products don’t offer you anything special. They are just designed in such a manner that they look complex and thus more efficient. And that’s why Middle class people divert their Income towards such kind of products hoping that these products will make them rich one day.

Remember, To Become Rich you have to follow the same age old principles of building wealth such as Regular Savings & Investing, Spend less than you earn, Getting out of Debt, Stay Away From new Debt & Focus on growing your Assets…etc..

There is nothing secret or rocket science in it. You have to be Disciplined if you want to be wealthy. So Now onwards, Don’t be impressed by Complex looking financial products and simply stay away from it.