Create your own branded empire

Still searching for a brilliant idea for your home-based business? Are you a little bit creative or able to come up with pithy slogans begging to be plastered on a t-shirt, coffee mug, or poster? If so, you’re in luck. Technology has now caught up with you. Companies like CafePress and Zazzle cater to the design crowd. It works like this.

Come up with a great design or slogan. Log on to one of these websites and upload your idea. It’s now ready to be printed on t-shirt, kids’ accessories, mugs, housewares, stickers – the list is lengthy. Every time one of these items sells from the website with your design, you get a commission.

Real estate…patience, patience, patience

Jason brought up an interesting point on episode #155 of The Creating Wealth Show. The phrase “location, location, location” has traditionally been the mantra in assessing the value of a property. Perhaps they should say “patience, patience, patience” instead. Eventually, every market will be a good value again. The trick is to realize that all markets are not a good deal all the time. Don’t get hung up on a particular area, thinking factors like proximity to the beach will make it eternally valuable.

Las Vegas? Terrible right now.

Become a stay-at-home customer service agent

It’s true. In yet another permutation of the home gig, you no longer have to leave the house to be a customer service agent for a major company. Want to work for J. Crew, Walgreen’s, 1-800-FLOWERS? You can. There is a growing demand for people who answer inbound customer calls from these companies and others.

It works like this. Major corporations such as the ones just mentioned outsource their customer service calls to third party companies who, in turn, hire U.S. based virtual customer service agents. Whether you’re a stay-at-home mom, need extra cash, or have grown weary of the morning commute, this might be an employment option that interests you.

Where real estate investors go wrong

The rumors are true. Some real estate entrepreneurs have trouble turning their new business venture into a positive cash flow endeavor. Why is this? Part of the problem is being “motivated seller” focused rather than “deal” focused. Here’s what we mean by that. You can throw a rock in almost any neighborhood in the United States and hit a half dozen motivated sellers. Does that mean you have half a dozen good deals to choose from?

Heck, no!

It simply means there are six people desperate to unload their property. When you start to analyze each deal you will find them to be good, bad, or indifferent. No matter how motivated the seller is, a bad deal is still a bad deal. If you’ve been following our posts at Empowered Investor Network for any length of time, you know we NEVER pull the trigger on ANY deal unless it makes sense the day we buy it.

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