A site where I post sane and crazy ideas to make money I think up or find on the net.
Friday, May 25, 2012
Tuesday, May 22, 2012
Collect Scrap and Process It
Collecting scrap is a great way to earn pocket money. You just have to do it legally. The basic economics are simple. You buy low and sell high. Typically when you sell stuff at a scrap dealer they pay you a bit less than half what it is worth. Or in some cases much less. Mixed scrap is always paid at the lowest rate. In my area bright clean copper is worth about $5 a kilo however power cord wire is only $1 a kilo. If you are just sitting at home watching TV it is worth a bit to remove the plastic. Here is a video of how to remove the plastic on a power cord:Typically for scrap you get paid for larger amounts. Less than a truckload you get chump change. For 10 tons or more you get a price closer to market value. If you can manage to collect that much you can be sure others will be interested in your commodity.
Monday, May 7, 2012
Copy a Company from Another Country
There is no domestic version of Kraft Dinner in Korea. Alternatively it is very hard to find nengmyeon outside of Korea. There are probably hundreds of products that are very popular in their home country that would be successful overseas. Tacos and hot sauce as a snack is almost global but here in Korea all of it is imported. Someone could start a company and produce these products locally from locally sourced ingredients and hence sell the resulting products at a very competitive price. You could do the same wherever you are with foods, kitchen utensils (Mocka pots, coffee grinders), websites, etc.
Children's Day Yard sale
We just had Children's day here in Korea. Children's day is on May 5 and it is a national holiday. For children's day we went to a special Yard sale in a city park put on by a local charity. Attendance was free. The people who sold had to register with the charity and then pay 50% of the profits to the charity as a form of thanks. I don't think the accounting was very stringent. All the goods on display or for sale were for children. There were clothes, bikes, many different toys, and books. I have been to this sale a couple of times and it seems to be getting bigger and bigger.
Todays money idea is: If you have a charity you could organize a multifamily yard sale as well as some simple local events for fun for kids. With everything targeted toward children and having fun. Sell hot-dogs, cotton candy, ice cream, and beverages. Charge a simple commission to the people selling and pray for a nice day.
Thursday, May 3, 2012
Every Camera Needs a "Car Mode"
This seems obvious to me. Cameras are outclassed very fast and I already have a couple just sitting around my house. The only difference between them and the car camera I want is software. Every camera should have a "Car Mode."In Car Mode a camera can be used as a block box and will take a set number of pictures each second and save them to the memory card. Once the card is full the first pictures are then deleted and the camera keeps recording. This will have the camera recording in a loop and when turned off or stopped it will hold a certain number of previous minutes recordings in memory. When the cameras are installed in a car for driving they will film what the driver sees.
With this on a camera its lifetime and usefulness will be extended. Also people will have incentive to always carry their cameras in their car where they can then detach and make use of them taking pictures of family or whatever.
The next time you go shopping for a camera if it has a car mode. Eventually someone will listen.
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