| Oct 26 |
Archive for October, 2009How to get rich the smart way: 10 Online Business Ideas That Made Someone RichBefore starting a business, you have to give the idea of your business. And don’t be afraid that at first glance, your idea is absurd. Some of these ideas can bring a lot of money. Here are 10 totally crazy online business ideas that made someone rich: Alex Tew was a 21 year old college student in Wiltshire England who didn’t want to graduate with student loan debt, so he decided to create a “Million Dollar Home Page”. His idea was simple: to take 1,000,000 pixels and sell them for $1 each in blocks of 10×10 pixels. Now he is a millionaire. 2. Letters from Santa Claus – Santa Mail This was started by Byron Reese. The company sells personalized letters from Santa Claus across North America. Byron Reese sold 10,000 letters in his first year in business (i.e. 2001). His sales increased subsequently every year and he still looked for ways to expand his offering. He introduced birthday cards from Santa as well which can be ordered by parents for their children (10 bucks for every letter). The sales reached $1 million in 2005. |
| Oct 23 |
Archive for October, 2009Online Business Ideas List
If you are really interested in a few interesting home business ideas, then read carefully. There are lots of niches that you can take advantage of in creating your own successful business in order to guarantee great success and a significant income. All this requires a little effort from your part and no investment. Why spend hours working for somebody when you could work from home, doing what you want in your own time? Open your eyes with a lot of great home business ideas. Check it out and see for yourself! |
| Oct 21 |
Archive for October, 2009President Obama, looking to boost lending to small businessPresident Obama, looking to boost lending to small business, will start using some of the leftover federal bailout funds to shore up smaller community banks and induce them to offer credit to firms he called the “backbone of the American economy.” Smaller financial institutions are in greater need of capital to grow and expand, whereas the country’s large banks have moved past their need for what’s left of the $700-billion Troubled Asset Relief Program, Obama said Thursday at a family-owned storage business in suburban Washington. “The major banks that were in critical condition a year ago need no new assistance from the government,” Obama said, “and so we are winding down that portion of the TARP program.” Less than $140 billion is left from the bailout that Congress approved a year ago. The Treasury will decide how much of that should go to smaller financial institutions by the end of the year after conferring with community bankers nationwide. |
| Oct 20 |
Archive for October, 2009Weak dollar. Alternative world currency
Depending on whom you believe, a dollar hovering near its 52-week low represents either the market’s devastating verdict on the Obama administration’s profligacy or a salutary rediscovery of risk by newly emboldened investors. Maybe it’s a bit of both. But the downbeat drumbeat bangs on. Chinese officials openly worry about taking a bath on their enormous U.S. Treasury holdings. Foreign bankers talk of promoting an alternative global currency, such as the euro, yuan or a new synthetic medium of exchange cooked up by the International Monetary Fund. In the U.S., some voices on the right, such as Rep. Michele Bachmann, R-Minn., detect an anti-American conspiracy to scuttle the dollar. But the roster of those opining on the dollar’s woes includes establishmentarians such as Robert Zoellick, president of the World Bank and a former top official in Republican administrations. “Looking forward, there will increasingly be other options to the dollar,” he warned last month. |



