How Fast Can One Earn Money

[goldernage]

Hi! can anyone tell me how i can make very quick money?... Seems am in bad shape need to do something before i get reli very bad.... am serious... I want to hear if any one does have any advice for my question.... I work very hard but it still can’t support many of my needs thus i am seeking for some ones advice or to allow me with fast earning work.... many talk about having lots of money, they don’t know where to put but for me that’s not the case... i tried and trying reli very hard but hmmm... no much progress... so please I am seriously seeking for advice.... i can work am still young but the thing is how and how to earn faster...

please advise and will be nice if advisers can mail me here: goldernage(at)gmail(dot)com

[mrt273nva]

thats the million dollar question isn't it. its all about risk and rewards. what are you willing to risk to get what you want. you might lose everything and be worse off than before.

[siamamerican]

This is a topic I've discussed many times with acquaintances the last couple years. Even individuals with modest incomes can accumulate wealth over time if they save 15-20% of their income. I took a different approach into my early 30s. I worked extremely hard for a few years and then took off a few years and played hard. I repeated this cycle many times and had some great times traveling the world.

At the end of my last cycle, I realized that this model wouldn't work into my old age. I was 34 and newly wed. I had only 10k US dollars in the bank. Now I've been working my arse off for 6 years and playing catchup.

My advise would be to set a financial goal and don't get sidetracked. It's boring, but it works. Sht happens along the way and it isn't easy. I've wanted to quit the rat race a few times, but now I've surpassed my goals and will soon be living the carefree life I've lived in the past.

I started this new phase, cleaning pools, a year later I was manger at a small business, 2 years later an exec at a public company and now a VP that is ready to semi-retire. It wasn't easy and took some luck and most can do it. It might take a little more or less time depending on your network and skill set, but if you have the desire to make it happen it probably will.

[jbaldwin]

The most reliable way of become wealthy is to get a job and consistently spend less than your monthly salary.

This is what I did and I saved enough capital to be able to retire at 37.

[thaiclan]

Firstly the golden rule is do what you love. Secondly (and may be in contrast to the first) getting a JOB is the worst thing you can do if financial riches are your goal! Trading the hours you have for a sum of money, no matter how good the hourly rate or salary is a very poor way to earn $ in this Life.

Take a look at this article...10 reasons why you should never get a job

There is NO reason whatsoever that anyone (especially those with a Western education) should not have multiple income streams. Every one of us now has the entire world inside our homes, we can trade with whoever, buy from whoever and gain advise and tools and resources from a few taps of a keyboard. Before only CEO's from large companies had that type of "power". Now it is available to each of us. If you are NOT utilising the resources you have to hand then you are failing yourself financially.

Think out-of-the-box and live you life in abundance!

[naka]

I'm in the business of selling kits ... They consist of balaclava, shades, toy ................................

Naka.

[soundman]

Not really going to make fast money working a job. Some sales jobs could prove to be exceptions, such as closing multi million dollar corparate commission based sales etc.

In business you "generally" need money to make money.

In Thailand, I have made more money in a month than I have in a financial year in Australia, doing the same business.

Before you get exited, I have almost gone bust on a couple of occasions. And to preface this, I did bring fairly substancial (depends on one's point of view ) amounts of money to Thailand to begin with, as well as marrying into a fairly well off Thai family.

Cheers and good luck,

Soundman.

[siamamerican]

I'm in the business of selling kits ... They consist of balaclava, shades, toy ................................

Naka.

Now if you add a porn site, you will have multiple income streams. As Thaiclan stated in his post, with your western education you would be remiss not to do this. You would be a follower of rule # 1, doing what you love. How could you not love dirty web sites and balaclava.

After reading thaiclan's post I realized I was a failure in life. I liked my jobs, but loved not working. I would have loved to be an astronaut. I'm scared of heights and not too bright, but I do like the silver astronaut uniforms.

[malcolminthemiddle]

You could try to get a job in one of those locations that pay high salaries such as Afghanistan, Iraq or Saudi. I don't mean putting yourself at risk but it is the surest way to build up some serious capital in a short time. My first overseas job in the early 80's was 3 years in Saudi, used the money to get on the property ladder.

There is always a sacrifice to make, I'm glad I made it when I was young, would't want to do it now.

[zzdocxx]

Take a look at this article...10 reasons why you should never get a job

Seems like a bad link, could you try it again?

[flying]

Take a look at this article...10 reasons why you should never get a job

Seems like a bad link, could you try it again?

This seems to be it. I have not read it yet tho

Here it Is

[lingnoi34]

Better forget that site...it's worthless!

L

[hammockwoman]

wow, thank you for that link. that is singularly the most impressive blogging/online business site i have ever seen. i am building an online business and had never heard of steve pavlina, but his advice is going to have a real effect on my plans.

Take a look at this article...10 reasons why you should never get a job

Seems like a bad link, could you try it again?

This seems to be it. I have not read it yet tho

Here it Is

[thaiclan]

Better forget that site...it's worthless!

L

Care to elaborate??

I'm female btw (been referred in this thread as male) and haven't had a "proper job" since age 21 (10 years ago). Ive worked in jobs for sure as there are some things I love to do. But it would be foolish to try and make my money from these jobs. But I have found that ultimately doing what you really love or are passionate about will bring the wealth you require too, or at least you are so grateful to be able to do what you do everyday you realise that you are already much richer than most!

To the OP first you need an honest assessment of where you are and how much you need in the immediate future to get yourself out of this hole. This figure should then spur you on to getting that particular amount. Money is psychology that is all, so once you have a goal (figure) to achieve your mind automatically works on solving that problem. So if you need $10,000 in the next 6months, that is more of a solvable problem than "how can I get money fast".

I really enjoy Steve Pavlinas blog - especially the part about how he achieved his degree in a fraction of the time it was written for. Perfect example of how to use every piece of information and resource out there but personalise it to meet your own goals. And that is how you reach your financial goals too, gather the info but then do it your own way.

[flying]

Ive worked in jobs for sure as there are some things I love to do. But it would be foolish to try and make my money from these jobs. But I have found that ultimately doing what you really love or are passionate about will bring the wealth you require too, or at least you are so grateful to be able to do what you do everyday you realise that you are already much richer than most!

Very True

I have always said the same too. I always told my kids the daily type jobs are good for the daily bread & that was about it. You will never get the boosts or lumps of income needed to make advances that way.

Also true is what you say about passion & work. A very lucky person is the one who loves what they do *&* makes $$$ at it.

Your pretty smart for 31

[actiondell4]

I have a boring mundane Government job ..........but im too scared to leave it.

It pays penalty rates for weekend work,overtime etc can get me around 130,000 baht a month and im on the low scale of the ladder.

The thing is at 38 I too want to retire to Thailand and now im thinking i should wait until im 55yo where i can accees my retirement funds.

i pay $200 a week into my retirement fund.i cannot take this money till i 55yo.

Now if i want more money ,i can go work a second job,it would be hard so im not thinking of it but drive a taxi cab,work as a part time security guard,door bouncer,cleaner,in other words get up off ya big bum and work and save.

if you save enough you can then put a deposit on a house/flat like i did and sold it double 3 years later.

HOWEVER.........you need to forget Thailand for about 2 years whilst you are doing this,your goal should be only on one thing and thats making money.

When i was 20yo i had 3 jobs,one during the day,drove a cab at night,and on friday nights stood at a pub door as a bouncer.

Yes i got attacked,people vomited in the cab but my goal was money so i put up with it.

So in other words go and work for it,get it,save it,plan.

The hardest part is getting up off your butt to work for it.

I do know a old guy who lives near me who lives in the philipines 8 months of the year and spends 4 months in Sydney driving a cab getting up at 3am in the morning and driving a 24 hour shift on weekends,picking up all kinds of characters ranging from druggies to drunks to thugs,i dont think he makes much but he gets his pension and spends 8 months in the phillipines.,and he has the motivation.

He has the blood sweat and tears.

For 4 months non stop he drives/rents a cab to make money,getting abused,assaulted,etc because he has the motivation to go back to the phillipines so he does it,driving 12 hour shifts and non stop weekends.

So get out there and look for a few jobs,forget overseas trips for a while,plan for your future,do you want the good life now then you cant have it later.

[thaiclan]

20 years ago a second income was much harder as yes physical presence to be a security guard/taxi driver/ bouncer etc took alot of motivation and of course the dangers involved.

If you know how to turn your PC on then that is the best way to start building multiple income streams.

However yes in the very short term if you are in a hole that needs money by the end of the month then yes take a 2nd job. In the meantime clue yourself up online and start to build real wealth.

[egg6447]

Hi! can anyone tell me how i can make very quick money?... Seems am in bad shape need to do something before i get reli very bad.... am serious... I want to hear if any one does have any advice for my question.... I work very hard but it still can’t support many of my needs thus i am seeking for some ones advice or to allow me with fast earning work.... many talk about having lots of money, they don’t know where to put but for me that’s not the case... i tried and trying reli very hard but hmmm... no much progress... so please I am seriously seeking for advice.... i can work am still young but the thing is how and how to earn faster...

please advise and will be nice if advisers can mail me here: goldernage(at)gmail(dot)com

there is no single answer to your question. if there was do you realy think anyone is going to tell you... its not what you earn that counts, its what you spend that counts. spend more than you earn=goldernage.. save invest, be frugal, penny wise=egg6447. sorry no magic wand. life,s a bastard aint it.

[BigSnake]

Investing in right stocks can work wonder, must montior carefully. Set(stock exchange of thailand) ok, how better to checkout the DOW>

[GuestHouse]

I'd like to hear what skills, experience and education the OP has to offer before proclaiming how s/he can make money fast.

Feel good websites that tell you that you too can be a millionaire, not have a boss and basically do as you please while making money are flying in the face of the obsevation - "If something sounds too good to be true - it usually is - too good to be true"

And that is putting asside the fact that what works in the highly developed markets of the US/Europe may not work at all in Thailand.

For example ... from the blog.....

We don’t care about your time — we only care enough to pay for the value we receive. Do you really care how long it took me to write this article? Would you pay me twice as much if it took me 6 hours vs. only 3?

The question he's not asking is - "Would you pay for it at all if you could download it for free, buy it on a disc at Pantip Plaza? Would you be able to sell your idea/product/service at all when a copy cat sets up right next door to you providing the same ideas/goods/services and under an almost identical name?

The OP wants to make money fast, presumably s/he does not want to run the very real risks of setting up a business or trying to establish a market - The money, as I read it, is required now (or even yesterday if s/he is financing a debt).

If that is the case and the OP needs to make real money real quickly then my first suggestion would be look outside of Thailand for a well paid job.

Most the foreigners claiming to be making large amounts of money in Thailand are in Walter Mitty mode.

Edited March 30, 2008 by GuestHouse

[stoneman]

One of the best quotes and advice I ever had was from an old Asia hand...He told me..."If you want to make a small fortune in Asia...Start with a large fortune"

Stoneman

[barrella]

One of the best quotes and advice I ever had was from an old Asia hand...He told me..."If you want to make a small fortune in Asia...Start with a large fortune"

Stoneman

I am on what I think is the smaller other side of the coin. I came here with some money, about $10000 and with this I felt my way around figuring out what I could do as I really did not at the time feel like going back to corporate mode even though I could if I wanted to, then.

I made some money, lost some money, made some good money with a great idea and got it for sake of a better explanation nicked off me but I did not care really as it only had a short life span and the top of the profit curve had already started to move on its downward trend. I tried a few more ideas and one worked really well. I sold it off with a nice exit strategy offered to me, bought some property to keep me going in my old age and now I am researching three new things to make my cash, one of them is looking very interesting but too big for me to handle at present. I am in a very lucky position as my batter half is very well off and while I am doing my research and preparation I do not have bills coming in.

In terms of dependable income, money earned with the job I finished as I came to Thailand the first time on paper looked far better but if I take total monies earned and what I now own because of working for myself and Thailand a job is far less lucrative. not just for money reasons but for a major other reason. I wanted to try on my own because of a shellfish reason really. Working for a company for most jobs has allot of restrictions and constraints that means you can only grow in the direction that the company deems fit and even though the hourly rate earned maybe good you are not really investing in you, yourself, besides money as you are working yourself to death for the master. Since working for myself I have grown a great deal and the investment in myself has paid major dividends. I am my company and as in financially investing in a company for a return makes a cash flow I have invested in me to make my cash flow.

The life of working for yourself is not for all and even though I seem to have done well out of it for now and there are others on here that have done the same I am sure there is far more people that have fallen very badly and it is not a easy road to travel.

Before anyone should step on the working for yourself road please bear in mind getting back on the normal road of employment once you have moved across is not easy, especially if you try to go back to the same level as you was before not because the employee we have problem doing the work but more because employers are reluctant to take you..

Good luck to you all.

[PCA]

dont some think here that this is just a scam? The OP stumbles out some unclear message and the pattaya girl comes up with that brainwashing link while the OP doesnt even apply here anymore?

thaiclan what can you state beyond the fact that you didnt have a job since 21 and are 31 now? Did you create some wealth or just living a few unconcerned years? The watch is ticking dont forget that and the things you love simply dont always corellate with the things you need.

[philliphn]

The truth is that for most people wealth is accumulated over time!

Most of us will not be successful independent business owners.

Even a Barber in the USA can accumulate $1.100.000. To do this takes sacrifices, being frugal, saving , and not spending most of what you have for toys.

For example myself. I have a job that I have hated for the last ten years. I am not self employed. I work very hard. The Masters always want more and are never satisfied with anything you do. I am under a lot of stress. However, in two years two and a half months. I will be able to retire. I will be 55 years old. I will have half pay + for life and medical benefits. I will have worked for the State for over 29 years. Along the way. I saved. I invested and continue to do so. More than one generation of my family has worked hard. My father 82 plus years old still works six and a half days a week. He is not at all extravagant in his life style. Let it suffice to say he is now very wealthy. The key is that he put his time in and worked very hard. Over time he accumulated what he has.

If your goal is retirement, or a life in Thailand. You have the advantage that you discovered Thailand early on. Work hard! Put your time in. Save and invest carefully. Don't waste your money trying to "keep up with the Jone's." Any one can get a loan and be in debt. This debt may then give them the appearance of a pseudo wealth. In fact what they have are debts. I owe nothing. Myself for instance. I drive a beat up 8 years old Jeep Cherokee. I need the four wheel drive, to get down my 400 foot long drive way, in the winter. I shop at Walmart. I could just plop down the cash to buy a brand new Jeep Cherokee. People look at me and the few who know say. "he does not look like a millionaire." But I am a millionaire. One day I may even be a multi millionaire. Hows did this all come about? It took time and hard work. I am probably of above average intelligence. But by no means am I the brightest person on this forum. I am persistent!

Edited March 30, 2008 by philliphn

[siamamerican]

The truth is that for most people wealth is accumulated over time!

Most of us will not be successful independent business owners.

Even a Barber in the USA can accumulate $1.100.000. To do this takes sacrifices, being frugal, saving , and not spending most of what you have for toys.

For example myself. I have a job that I have hated for the last ten years. I am not self employed. I work very hard. The Masters always want more and are never satisfied with anything you do. I am under a lot of stress. However, in two years two and a half months. I will be able to retire. I will be 55 years old. I will have half pay + for life and medical benefits. I will have worked for the State for over 29 years. Along the way. I saved. I invested and continue to do so. More than one generation of my family has worked hard. My father 82 plus years old still works six and a half days a week. He is not at all extravagant in his life style. Let it suffice to say he is now very wealthy. The key is that he put his time in and worked very hard. Over time he accumulated what he has.

If your goal is retirement, or a life in Thailand. You have the advantage that you discovered Thailand early on. Work hard! Put your time in. Save and invest carefully. Don't waste your money trying to "keep up with the Jone's." Any one can get a loan and be in debt. This debt may then give them the appearance of a pseudo wealth. In fact what they have are debts. I owe nothing. Myself for instance. I drive a beat up 8 years old Jeep Cherokee. I need the four wheel drive, to get down my 400 foot long drive way, in the winter. I shop at Walmart. I could just plop down the cash to buy a brand new Jeep Cherokee. People look at me and the few who know say. "he does not look like a millionaire." But I am a millionaire. One day I may even be a multi millionaire. Hows did this all come about? It took time and hard work. I am probably of above average intelligence. But by no means am I the brightest person on this forum. I am persistent!

Interesting story and a fun read. I took a different approach to accumalating wealth (earlier post on this topic ), but in the end we both have understood there is no substitute for hard work. I also can relate to not keeping up with the Jone's. I drive an 8 year old car and live in a 1 bedroom appartment. My friends are also amazed how I live, considering I make 100s of thousands more than they do. I do it because I could care less about a new car or a 5000 square feet house.

I wouldn't be able to hang on to a job I hate for ten years or for that matter, probably not any job. We are all built a little different and some are more capaple of enduring a bad job and ruts in life. You are one of those types and that has definitely worked out well for you.

[goldfish]

***edited. Just realised you requested advice from successful people

[howtoescape]

This is a topic I've discussed many times with acquaintances the last couple years. Even individuals with modest incomes can accumulate wealth over time if they save 15-20% of their income. I took a different approach into my early 30s. I worked extremely hard for a few years and then took off a few years and played hard. I repeated this cycle many times and had some great times traveling the world.

At the end of my last cycle, I realized that this model wouldn't work into my old age. I was 34 and newly wed. I had only 10k US dollars in the bank. Now I've been working my arse off for 6 years and playing catchup.

My advise would be to set a financial goal and don't get sidetracked. It's boring, but it works. Sht happens along the way and it isn't easy. I've wanted to quit the rat race a few times, but now I've surpassed my goals and will soon be living the carefree life I've lived in the past.

Youre the American version of me only im several years younger, Ive a better nest egg in the bank to begin with to when you started, but im starting new more sensible ventures and will be where you are in several years. Im not looking forward to the part of having to cut down on my 3-6 month holidays though.

[LivinLOS]

The truth is that for most people wealth is accumulated over time!

Most of us will not be successful independent business owners.

Well you wont if you dont try..

Even a Barber in the USA can accumulate $1.100.000. To do this takes sacrifices, being frugal, saving , and not spending most of what you have for toys.

For example myself. I have a job that I have hated for the last ten years. I am not self employed. I work very hard. The Masters always want more and are never satisfied with anything you do. I am under a lot of stress. However, in two years two and a half months. I will be able to retire. I will be 55 years old.

I started real work (as opposed to bumming around the world hitchiking and roughing it) at 21 or 22.. I retired for life at 28.. I had a pan Euro company with 400 employees. No way I was gonna grind it out to 55.

If I was back to square one right now I reckon I could make another mil from scratch in 3 years, prolly need about 25k float. I have no education, no skills, spent much of my childhood living in traveller vans and on the road not at even the most basic schools. You just need self belief, an eye for a hustle and the desire to go where the money is, and work only a 24 hour workload, every waking thought. Right now fortunes could be made in Libya since sanctions have dropped and they now can spent thier pent up billions in oil wealth.

[cophen]

The truth is that for most people wealth is accumulated over time!

Most of us will not be successful independent business owners.

Well you wont if you dont try..

Even a Barber in the USA can accumulate $1.100.000. To do this takes sacrifices, being frugal, saving , and not spending most of what you have for toys.

For example myself. I have a job that I have hated for the last ten years. I am not self employed. I work very hard. The Masters always want more and are never satisfied with anything you do. I am under a lot of stress. However, in two years two and a half months. I will be able to retire. I will be 55 years old.

I started real work (as opposed to bumming around the world hitchiking and roughing it) at 21 or 22.. I retired for life at 28.. I had a pan Euro company with 400 employees. No way I was gonna grind it out to 55.

If it's not being rude can I ask what kind of company it was and how did you from zero to retirfement in 6 years? Sounds like a fascinating story.

[RAZZELL]

The truth is that for most people wealth is accumulated over time!

Most of us will not be successful independent business owners.

Well you wont if you dont try..

Even a Barber in the USA can accumulate $1.100.000. To do this takes sacrifices, being frugal, saving , and not spending most of what you have for toys.

For example myself. I have a job that I have hated for the last ten years. I am not self employed. I work very hard. The Masters always want more and are never satisfied with anything you do. I am under a lot of stress. However, in two years two and a half months. I will be able to retire. I will be 55 years old.

I started real work (as opposed to bumming around the world hitchiking and roughing it) at 21 or 22.. I retired for life at 28.. I had a pan Euro company with 400 employees. No way I was gonna grind it out to 55.

If it's not being rude can I ask what kind of company it was and how did you from zero to retirfement in 6 years? Sounds like a fascinating story.

A stab in the dark...Mobile phones

RAZZ