Salary.sg Forums - View Single Post - Adam Khoo Makes Money
View Single Post
  #5 (permalink)  
Old 25-02-2009, 01:05 PM
Kindaichi--
Guest
 
Posts: n/a
Default 4160

I totally agree with adiemuso on those get rich quick schemes.

I have a rich friend who sells a particular item that is considered exclusive compared to other similar items on ebay, which enables him to turn a healthy 5 figures income and the profit margin is 80%.

The reason why it is exclusive is because he needs to personally go to some country to buy that items.

No person in the right mind, including him, is going to tell anyone unrelated to him what is the item and where to buy it from and the profits for the past 4 years so that you can buy the same items from the same supplier and reduces his profits by half.

This is like the famous Adwords which is first introduces by a person called Chirs Carpenter, he did not tell any lies when he started selling the ebook on make money online using Google Adwords and Clickbank. It is just that when every Tom, Dick and Harry do the same things, you are not going to make any substantial profits.

It is the basic law of economics, just type any popular keywords on Google and look at the amount of competition there.

Of course, the reason why Chirs Carpenter so called leaked out the secrets is because if he did not, someone who discovered it is going to do so and become a leading authority.
Reply With Quote