For those of you who think that inventing is not a way to make some SERIOUS F-YOU MONEY, Joy Mangano would disagree with you. Joy came up with the idea for the Miracle Mop back in the early 1990’s after wishing she had a self-wringing mop. Joy made a few designs of her own and the Miracle Mop was born. Read more...
Archive for the ‘Infomercial’ Category
How To Get Rich With An Infomercial
Everyone who has stayed up late has seen them on TV. It’s the infamous infomercial. There’s thousands of them out there. They sell everything from erectile dysfunction pills, to kitchenware, to get rich real estate packages. Read more...
Make Fortunes Selling Instructional DVDs
Fortunes can be made selling instructional DVD videos. Read more...
Ray Reynolds. Idiot TV Entrepreneur
I see this guy on late night TV selling a kit on how to “play the corporate game without bringing the pain home”. His kit is called “A Blueprint for Success”. This guy is setting you up to get in deep trouble. I read between the lines of his pitch. What he’s claiming is that you can set up a corporation and start a business. If the business fails, you just file bankruptcy for your corporation then you persoanlly walk away free and clear. This is what he means by “not bringing the pain home”. He claiming in not so many words that your personal assets are not at risk. This is totally not true. The creditors can just as easy come after you as a shareholder of the Corp. There’s nothing that prevents people from suing you if your company goes toes up. The best thing about having a Corp is the tax benefit, not the protection. Read more...