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February 26th, 2010

When most of us were 12 years old we were busy throwing frogs at girls, or busy picking our noses. But 12 year old Maher Saleh of the United Arab Emirates has become an internet entrepreneur. Maher is the owner of www.moneymakingboy.com.

Little Maher posts on subjects such as SEO, link building, Adsense and blogging for profit. His blog looks professional, and he has all of his advertisments in all the right places. Proven by the fact that little Maher Saleh is making as much as $300 a month with his blog.

This just shows that with a little time and effort, you can make some money online no matter what age you are if you have the drive.Congrats to Maher Saleh and his success.

-Wealth Store

February 26th, 2010

I stumbled upon an interesting little sandwich shop today called Which Wich? An interesting little concept sandwich shop that gives you a good toasted sandwich with over 50 varieties. What’s really cool is when you enter the store, there’s a wall full of brown sandwich bags. The sandwich bags have all the different options and toppings written on them. You take a Sharpie marker and check of what toppings you want. You then take the sandwich bag to the checkout counter and they place your order and ring you up. That means no more standing in line behind some four soccer mom and their 15 kids who have no idea what they want, or what they want on it and seem to be more interesting in swinging on chairs and screaming than eating anything.

The sandwiches are pretty good. They are not like anything I really have had before. The only thing is I wish they offered a non-toasted sandwich. I don’t really like my sandwiches toasted, but in this case they were pretty good. They offer all kinds of sandwiches, ranging from turkey, to vegetarian, to pork, and of course the classic types such as BLTs and club sandwiches. They also offer some seafood types such as salmon, shrimp, crab and tuna. I got the club sandwich witch chips and a drink. Another cool thing is no matter what toppings you get, all the sandwiches are priced the same and the prices are pretty good, compared to Quiznos which seems to cost upwards of almost $10 for a a sandwich, chips and a drink. Which Wich? was priced much better and the sandwiches are just as good or better.

Which Wich? is offering franchises for those who might be interested.

Initial Franchise Fee: $30,000 for the first store, $25,000 for each store after.

Royalty Fee: 6%

Local Advertising/Marketing Fee: 2%

National Advertising/Marketing/Design Fee: 1%

Unit Costs: Between $191,300 and $497,000 (depends on location)

Personal Financial Requirements: Minimum $100,000 liquid assets and $250,000 net worth.

http://www.whichwich.com

February 26th, 2010

Price: $22,000,000
S.F. : 22,000
Location: Mercer Island, Washington

Features: Featured on HGTV, 22,000 square feet of living space, marble slab floors, luxury marble bath, master suit of epic proportions, gym, a wardrobe wing, 12 Chihuly lead crystal chandelier with 427 crystlals, Lake Washington dock with 140? yacht access, sitting on 2 acres with 175 feet of lakefront.

Let’s do a little mortgage calculation on this bad boy.

Down Payment: $2,200,000.00 (10%)
Amount Financed: $19,800,000.00
Monthly Payment: $125,149.47
(Principal & Interest ONLY)

Since you are putting LESS than 20% down, you will need to pay PMI (Private Mortgage Insurance), which tends to be about $55 per month for every $100,000 financed (until you have paid off 20% of your loan). This could add $10,890.00 to your monthly payment.

Monthly Payment: $136,039.47

Residential (or Property) Taxes are a little harder to figure out.
Let’s say that your property’s assessed value is 85% of what you actually paid for it – $18,700,000.00. This would mean that your yearly residential taxes will be around $261,800.00 This could add $21,816.67 to your monthly payment.

TOTAL Monthly Payment: $157,856.14
(including PMI and residential tax)

A house truly built for the discriminating!!

-Wealth Store

February 26th, 2010

I recently received an email from Scott of Ironside Storage Solutions looking for advice on how to promote his website. Scott’s website sells his invention, called the “Holey Rail”. Scott’s website is www.ssironsides.com

Scott, promoting your site is not hard, but it takes work. I looked at your site www.ssironsides.com and here’s my opinion on what you need to do. It needs some work, and here’s what you need to do.

1. Register a new domain.

Get a new domain name and work on branding your rails. I looked, and www.holeyrail.com is availible. THIS this what you need to be promoting. You need to be promoting the “Holey Rail”, not Ironside Storage Solutions. You want it so when peope search for “holey rail” on Google, your website comes up. People are not going to remember “Ironside Storage Solutions”. It’s too long and pretty hard to remember, and the domain name www.ssironsides.com is really not good. It needs to be as simple and as easy to remember as possible. Even something like www.railman.com would work. Think about it and see what you can get.

2. Work on SEO.

SEO stands for Search Engine Optimization. How it works is the search engines send out “spiders” that crawl websites. They gather the information and bring it back to the search engines to index. This information can be found by people who searched for words that the spiders picked off your site. The more text you have on your site, the more info the engines can index and can be found by people on the internet. Your website has almost none. There’s very little for the spiders to pick up, which means there’s very little for people on the internet to find. There’s also keywords you can work on, but that’s a whole other post. I’m trying to keep this one simple.

3. Get a redesign.

Get your site redesigned if you can afford it. In all honestly, your site looks like someone with poor web design skills tried to outdo themself. It looks unprofessional. People only buy off the internet if they trust you. Having a professional website builds trust. Your layout is OK, but you have several different font sizes and font styles all clashing with each other. It looks terrible and unprofessional. Some images are squeezed, some are stretched. It’s all over the place. This is all bad if you want sales.

4. Add a blog.

Adding a blog can bring more traffic, which can convert to possible sales. Blogs are SEO friendly and easy to promote. With your blog you can write articles about topics that your target market would be interested in. I’m guessing it would be middle age home owners mostly being male. You can write about topics such a landscaping and home remodeling. The more your write, the more traffic you will receive, and that means more potential for sales.

GOOD LUCK!

-Wealth Store

February 26th, 2010

Rapper Curtis Jackson, a.k.a “50 Cent” can now change his name to $400 Million.

After making a few million dollars from selling CD to suburban white kids who wish they were tough, Curtis took a risk and bought a 10% shate of the water company Glaceau which markets the Vitamin Water brand. It’s the best move 50 Cent could have ever made.

Recently the Coca-Cola Comany aquired Glaceau to the tune of $4 Billion dollars. This purchase has reportedly put an estimated $400 million in Curtis Jackson’s pocket making in extremly wealthy. Alson with several exotic cars which include a $1.3 million Ferrari Enzo, Curtis has purchased a massive mansion for park his Enzo at. That house, belonging to the bankrupt former boxing champion, Mike Tyson.

-Wealth Store

February 26th, 2010

So much focus these days is about making money online. People seemed to have ignored the fact that there’s million to be made offline too. An online business has easy entry, and people seem to gravitate to that. Retail, inventing, and publishing can make you multi-millions too though. I have a friend that opened a “waxing salon”. All they do is waxes for men and women. She scraped together a few dollars, rented a retail location and put up some money for radio advertising. It was an instant hit. She now has more business than she could ever handle. She’s netting almost $10K month herself, her employees are making $1,500 a week, and she’s only been open 4 months. She’s about to open a 2nd and 3rd salon. She should be netting around $30K a month within a year or two. From there, the sky is limit.

Don’t ditch dreams of making money offline. It’s not as cheap or easy, but people are making fortunes doing it every day.

February 26th, 2010

TCBY is offering franchise opportunities. Minimum requirement is a $200K net worth, and $100K of that needs to be liquid.

Here’s the terms:

Total Estimated Initial Investment: $142,300 – $347,200
Initial Franchise Fee: $12,500
Ongoing Royalties: 6% of Gross Sales
Advertising Fee: 3% of Gross Sales
Initial Training Fee: No charge for first two individuals
Initial Term of Agreement: 10 years for traditional location or 5 years for non-traditional location

DOWNLOAD THE APPLICATION HERE

February 26th, 2010

It’s a spoof of the Bud Light “Real Men of Genious” commercials. This episode is the “Mr. and Mrs. Too Much Home Buyer” version. It’s freaking hilarious and totally true.”Goodbyyy Fuuuuuton!!” LOL

February 26th, 2010

In 1995 Jack Ma had a small part time job working as a interpreter at a university in China. He was offer a small gig in Seatle. That job was a life changing event for Jack. It was there in Seattle that Jack Ma first ever saw and touched a computer. On top of that, the computer had internet access. The internet was pretty much unheard of in China at that time. Jack Ma taught himself english at the age of 12 by giving Americans tours of Hangzhou. Upon returning to China, Jack Ma rounded up 18 of his friends and they all pitched in their money. Alibaba was born. Today, Alibaba has around 14 million registered users from almost 200 countries and receives about 500,000 visitors per day.

Congratulations to Jack Ma!

jackma.jpg

February 26th, 2010

It’s just a slick marketing campaign from Blueprint Ventures, a VC Corporation in San Francisco. But it’s hilarious. Gary is money!

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