Mort Weisinger started to write an article on items that can be obtained free of charge by the public. He planned to title the article “Land of the Free.” As he collected information for his article he began to see that he’d never have enough space to cover the hundreds of free and useful items. … Continue reading “How to Parlay a Low-profit Idea into a Fortune”
by J.F. (Jim) Straw, author of Mustard Seeds, Shovels, & Mountains Believe it or don’t, I just flunked another test for “entrepreneurial” traits! From my test score, it appears I am probably better adapted to washing dishes than running a business. Then again, according to the governing laws of aerodynamics, bumble bees can’t fly either. Let me … Continue reading “Are You Cut out to be an Entrepreneur?”
To get your day off to a good start, I have to tell you a short story. A few weeks ago a reader wrote an email telling me how sad he was over not having any of his deals click. He was really “down in the mouth.” To cheer him up I called him and … Continue reading “Build Drive, Push, and Desire to Make Your Fortune Sooner”
by Tyler G. Hicks On a business flight from Europe, we had dinner in the upper cabin of a big 747 jet. During the meal the conversation turned to risks in business and how the risks can be reduced. Most of the people there — both men and women — agreed that you cannot take … Continue reading “How to be Ready for the Business Risks You Will Meet”
In 1983, Warren Buffett sat down to pen his annual letter to Berkshire Hathaway shareholders. Tucked away at the back of the letter was an ad. Specifically, it was a “business wanted” ad. In it, the Oracle of Omaha outlined the type of businesses he and his partner Charlie Munger were seeking to acquire. The ad … Continue reading “Surprising Lessons from Warren Buffett’s 40-Year-Old “Business Wanted” Ad”
It’s always a great pleasure to hear from a reader that the IW$ ways work. Just this week a young IW$ Newsletter reader called to say that he had obtained a $50,000 loan using my two-step method, namely: (1) Offer a finder’s fee, and (2) offer a cosigner’s fee to get your loan. It worked … Continue reading “Go into the Leasing Business if You Want Fast Wealth”
Beginning Wealth Builders (BWBs) make money in the most unusual ways! Like the BWB I know of who started an incense business with $25 capital, using the bathtub in his home as an experimental lab. Last year the sales of his company passed $2-million! In just eight years he went from nearly a zero-cash start … Continue reading “The Sweet Scent of Success: Strawberry Incense and Big Money”
Maintaining a Rich Mental Attitude (RMA) is vital for success, particularly in financial endeavors. This mindset fuels persistence despite challenges, attracts positive influences, and enhances overall well-being. It’s crucial during tough times and forms a core strategy for achieving and sustaining wealth. Thus, cultivating an RMA is essential for anyone aiming to build or increase their financial success, regardless of external conditions such as high interest rates.
