e-Wealth Daily: Free Ways to Make Quick Money, Ways to Become Rich

Think of Bill Gates, Ross Perot, and Sam Walton. These men are three of the wealthiest people that this country has ever produced. What made these men so wealthy? They all capitalized on someone else’s idea.

This is not to say that they were dishonest or stole another person’s idea, rather, they improved upon the ideas of other people.

Sam Walton, for example, saw all the merits of preexisting department stores and he improved upon the model in creating Wal-Mart. By combining low prices and small-town appeal, Walton revolutionized North America’s concept of the department store and he became very, very rich. The lesson to be learned from the tycoons of wealthy America is that there is more money in improving upon an idea than there is in coming up with something completely new.

Just think about it. By making a better product, whether by creative or practical means, you are addressing the needs and/or desires of an established market. Marketing a product or service when a demand already exists for a poorer-performing version of the same product is far easier than trying to sell people something that they’ve never heard of before.

How many times have you been in the following situation? You’re using an everyday household object — let’s say an oven, for argument’s purposes — and, while reaching in to take out your apple pie, your hand brushes against the side of the oven and you receive a minor burn. While cursing, rinsing your hand under cold water, you say, “If I was in charge, I would make an oven where the rack automatically comes out when you open the door so you don’t have to reach in!”

My question to you is, why can’t you be in charge?

If you have an idea to make an item more functional, chances are good that there are other people who would use your innovative product and pay for it! Next time you think of a way to improve a product, take your idea seriously.

There is money, and good money, in improving existing products. In fact, you’ll get rich a lot quicker by working from an existing model than you will in trying to create a market for a brand-new product.

** Always Move Forward
By Doug D'Anna, the "Hundred-Million-Dollar Man"

When you believe in yourself, you are more willing to confront and deal with the problems you encounter — not to mention better prepared to persuade others into your way of thinking. You have to know when to call on others for help and be resourceful enough to find ways to resolve issues, not procrastinate over them.

Let’s pretend that you had made an error when calculating your budget, and you were facing a delinquent mortgage payment. There could be catastrophic results if you just think to yourself, “I can’t pay my mortgage this month. I just don’t have the money.” Most people would become paralyzed in fear and refuse to act in this situation. As a new scientist, what would you do?

A simple phone call to your lender might provide a simple solution. Will you believe in yourself, not be afraid to take a risk, and make that phone call? You can’t allow yourself to be petrified of the outcome of things. We all have a hard time dealing with unknowns. There is only one thing to be said here: the outcome may be good or bad, but you’ll never know unless you try. Be a scientist — experiment.

Chances are, the outcome, even if not perfect, will make you feel better about yourself than how you feel right now, in a state of limbo. Having good self-esteem means being able to accept and deal with your responsibilities head-on. Don’t dodge problems, confront them. Be courageous. Life is too short and there are too many options and solutions available for you to fail yourself.

Albert Einstein once said, “Problems cannot be solved at the same level of awareness that created them.” You need to rise above the circumstances that got you into the problem in the first place and take on a whole new perspective to resolve it. Learn to review your options, choose the best course, act on it, and move on.

Learning to let go of your fears can be difficult, but recognizing that spending time deliberating over what was done, what was said, or how things turned out is nothing but a waste of your valuable time — unless you can analyze where things went wrong and take a new, positive approach.

If you want to keep a diary, that’s okay. But don’t dwell on the past or drown yourself in memories. Look for the things you did right, and look at your setbacks as a starting ground for positive change. It’s important you keep moving forward in order to achieve your life’s goals.

Visualization is a useful tool in being able to keep moving forward. In my mind, when I was wrestling, I always saw myself as the winner — even if the final score told a different story. You need to want great things for yourself, to hear the applause for every small victory you achieve, see the rewards, and smell the success.

Use your mind as your guide to attainment. If you can see a better you in your mind’s eye, you are halfway there. And keep evolving the vision. Success is never-ending. Just when you think you’ve won one race, there’s another marathon going on somewhere else that you can participate in, another awards ceremony, another sports tournament. Don’t ever stop trying to be a better person.

** Follow the Lead of the Coupon Clipper
By Michael Newman, the "Money Finder"

Buying groceries for many people is a necessary evil. Scanning the endless aisles while navigating a rickety cart isn’t the best way to spend a Saturday morning — but until they invent a fridge that stocks itself, many of us have to make that weekly trip.

Quite possibly the worst part of the whole experience is waiting in line at the checkout. Removing each item from your cart in order for them to be scanned, bagged, and then returned to the car seems rather redundant and is quite time-consuming. But again, there really isn’t another way to get around this.

And finally, getting stuck behind a coupon clipper searching through a stack of odd-shaped pieces of paper to save 10 cents is certain to drive some people to insanity.

However, I’m not writing you today to complain about a trip to the grocery store. Not at all, because I’m going to share with you why you should be a little — even a lot more — like that coupon clipper.

Now, coupons can help you save money. Even a few pennies on the dollar add up over time, allowing you to stretch your dollars further and further. But of course, we all know that.

What you may not know is that scanning flyers for coupons and keeping an eye out for special deals also helps you develop a better relationship with money — and more specifically, your money.

You see, while scanning for coupons and deals, you are actively thinking about the value of each of your dollars and the products you spend them on. Rather than making quick decisions and getting what you want as soon as possible, you are beginning to evaluate your wants. And then you begin to see that what you want isn’t always what you need.

Coupon clippers are also better at organizing their trip to the grocery store. They have a list of items they want and tend to stick to it. Rather than being pulled in by the items placed throughout the store to lure more cash out of your pocket, the coupon clipper often develops a tunnel vision set only on the products on their list.

When dollars and cents really count, having a clear vision of what you need is always going to help you steer clear of items that are simply a waste.

Ask anyone with a lot of money. They didn’t get to where they are now by blowing their paychecks at the drop of a hat.

By adopting the mindset of the coupon clipper, you could begin to plug the drain on your leaky bank account.