Bud’s Fast Track For Cash. Have you ever needed to make some extra cash for a special project?
I have this problem every so often, in fact more often than I care to admit. When you have your own business or a family this need for extra cash arises frequently.
The following seven formulas are a few of my methods to raise cash fairly fast.
Formula one:
My favorite method is to buy something, improve it and resell it at a substantial profit. This is a one time thing and it requires that you maintain a funds to buy things. My favorite thing to buy is an older VW car and fix it up and sell it. This requires a special skill. We all have special skills that we can market.
(Buy something) + (Fix it up) = Sell for a profit
There are way to apply this to digital products also. Buy the master resale rights to a product and make it better.
Formulas two:
Clean out the junk in your closet. We all have stuff that we don’t need anymore. Don’t throw it away, sell it. Our junk is someone else’s treasure. Use eBay, Craig’s List, local classified ads and other online classified services.
(Surplus item) +(ad) = Cash
SOME RULES TO FOLLOW WHEN YOU ARE SHORT OF CASH
- Don’t borrow money short term. This means no credit card and pay day loans. This method will only make your situation worse.
- Follow rule number one.
Formula three:
Market your special skills. Marketing your special skill requires that you identify a special skill. We all have them. A couple of mine are fixing mechanical things and the internet.
(Special Skill) + (Marketing Plan) = Cash
Your special skill can turn into a very profitable and satisfying source of income. Write a plan to make this happen.
Formula four:
Get a second job. This one I don’t like but it works for some folks.
(Second Job) – (personal and family time) = Cash
Formula five:
Do a crowd funding site. You are own your own on this one. Do your research and sign up for our list and tips at Fast Track for Cash and get more info.
(Crowd Funding Site) + (Promotion) = Cash
Formula six:
Develop a special service for a targeted group of customers. This requires some thought and marketing. A friend developed a shopping service for the elderly, the shut in’s, and busy people. This is now a major business.
(Special Service) + (Business Plan + Action) = Cash
Formula Seven:
Develop an internet business.
(Mini Site) x (Research + Promotion) = Cash
This is a great method but it must be approached with care. There are a lot of folks that want to sell you how to stuff for starting an internet business. (Me included.) See Fast Track For Cash web site for more information.