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

On Sunday, the New York Mets were eliminated from the postseason after leading their division for most of the year. The collapse was one of the worst in baseball history.

And then on Monday, in a one-game showdown to determine who moves on to the next round, the San Diego Padres blew a two run lead in the bottom of the 13th inning to allow the Colorado Rockies to advance to the playoffs.

And then on Tuesday, my friend Frank announced he was giving up his latest business venture and was going to try something else, for what seems to be the 10th time in 10 years.

So what do the Mets, the Padres, and Frank have in common?

They couldn’t finish what they started!

Tony has always had these exciting ideas. He gets pumped up with the more research he does and he sells his new venture with award-winning enthusiasm.

And at first, I bought into it. Whether it was his water filtration business venture or his coupon book idea or becoming a real estate mogul, Frank had the support of me and our other friends.

The problem was that he couldn’t finish the job.

For example, the coupon book idea was to create a coupon book for local retail businesses and sell it through direct mail to surrounding neighborhoods.

At first, Frank was raring to go and even I invested some money into his plan.

Things started okay and he was able to get enough businesses on board to get started. When laying out the coupon book, he realized he needed eight more businesses to fill it, increase the page count and, thus, get a break on the price to print it.

Unfortunately, he struggled during this “stretch run” and not only wasn’t able to fill the book, but he also actually lost customers who had signed up at the very beginning and were mad about the delay.

So instead of pounding the pavement or doing more research, he just gave it up, and when I last spoke to him, was running a seasonal restaurant in a beach town.

It’s great to start something new and for anyone who is looking for money sources, starting something new can be a real boost. However, remember to finish what you started because if you don’t, you’ll just be on the outside looking in, no matter how good things were looking in the recent past.

Just ask the Mets, the Padres and Frank.

** If You Never Try, You'll Never Know
By Doug D'Anna, the "Hundred-Million-Dollar Man"

There are people in this world who will inevitably set themselves up for failure because they're afraid to pick up the phone in their quest to get what they want. Wayne Gretzky once said that, "I miss all the shots I don't take." By failing to see the phone as the key tool to get what you want, you may never get the job, the raise, or the refund — you name it — that you desire.

My friend, Tony, who is one of the top realtors in San Carlos, California, has painted his phones green. Why? Because he knows that it is the shortest route to getting listings, clients, and sales.

In fact, every day from 9:00 a.m. to 12:00 p.m., he calls 200 — yes, that's 200 — contacts, prospects and friends, looking for new business. Yet, those who are unemployed or dissatisfied with their work struggle to pick up the phone to make just one phone call.

For some people, it's the fear of rejection; for others it's the inability to know exactly what to say. For Tony, it's a breeze. You see, he has scientifically figured out how many calls it takes to get an appointment, how many appointments it takes to get a listing and, most importantly, how much each hang-up call is worth.

Tony sees the phone not as an obstacle, but rather as a stepping-stone to greater success and wealth. So while hundreds of thousands of unemployed people stare at the phone, not knowing what to do, Tony considers it his personal "money line."

A lot of people look upon their phone with fear, yet Tony sees it in a very different light. As he has told me, nothing gets in the way of his calling people. Nothing. Tragically, people who are dejected about not having work fear the phone. They get caught up in their negative emotions about their immediate circumstances and uncertainties about their future. It's a normal human reaction. Have you ever known someone who has been unemployed for months, even years, at a time? It's not that they are unskilled. It's not that nobody out there is hiring.

As a result, they use the same ineffectual approach repeatedly to no avail. They use the same prospecting methods as everybody else and they don't attempt to think outside of the box that they have lived in for so long. They become complacent about who they are and what's going on around them. They sabotage their own potential because they are afraid to use one valuable tool: the phone!

You may think this is a strong opinion, and I can appreciate that. But don't forget that I, too, have been among the ranks of the unemployed. And when you are unemployed, you share the same plateau with professionals and job candidates alike. Your circumstances are identical, no matter what your experience or education is. You feel helpless. You feel incapacitated. You feel uncertain. You feel vulnerable. But you can get over these feelings. Those who learn to use the phone will make more contacts than those who simply send out a resume and wait for others to contact them.

Call me old fashioned, but the phone is one of the quickest, most effective means of both reaching and impacting your audience. Don't get me wrong: I love e-mail, too. But when it comes to securing a job, an account, or even a date with the love of your life, there is no better way to do so than by calling these people personally.

A lot of people can't do business over the phone, for some odd reason. They are inexperienced at how to handle conversation and don't feel as though they will have any luck in persuading the contact to call them back. For me, the phone has been the quickest way to get what I want — and it can be this for you, too.

In order for this to work, you need to have a good understanding of the listening, questioning, and basic communication skills that will ensure you receive a response. Your goal in any telephone conversation should be to reflect the customer or prospect's mood, and to ensure him/her that you can meet his/her needs, demands, or expectations at any time.

The final step is to get some type of commitment from them, even if it is to agree to a follow-up conversation. People will have higher expectations of you during a telephone call than they would in person, simply because you initiated the contact. They expect that you have an intimate purpose for communicating with them and for taking a moment of their time.

Everyone's expectations are unique, but every person wants the same thing from you: to get to the bottom of an effective spiel. They want to know what you want from them. So pick up the phone and fill them in — you'll be glad you did!

** One Thing You've Got More of Already
By John Hurd, Chief Wealth Researcher

Whether we want to admit it or not, we're all getting older.

Wait one second though, because getting older isn't as bad as we've been led to believe. Here's why.

I'm willing to bet you've seen a lot in your life. You've witnessed events that have made the history books. You've seen products come and go, all claiming they will change the world... and it's true that some of them certainly have.

Now, the question is, what are you going to do with the one thing you've got going for you? Something that all those young kids in colleges with their noses buried in books simply don't have.

What are you going to do with all of the life experience you've got stacked up under your hat? It's no good to you — or anyone for that matter — if you just leave it there out of sight.

You've got to get out there, share your experience and find the people who are going to listen.

I'm almost certain you've seen changes happening around you and something has sprung up in your mind. A thought or two that could help improve your conditions and make life a little easier for everyone around you.

I know of inventors and businessmen who are more successful now, in their ''old age,'' because they have life experience under their belts, and they're not afraid to use it.

Today, I encourage you to put your ideas down on paper and start really considering their earning potential. It's time for you to unleash your true potential and show those young guys who's the boss.

In fact, you could even profit from your experience by selling your knowledge to the younger generation that is hungry for what they can't learn in books alone.

The school season is now in full swing and that means there are hundreds of thousands of students out there that could become your paying customers.

Getting started could be a simple as tutoring students if you have some sort of educational background.

Other fields to consider are offering your services as a mentor or by giving lectures about your personal experiences. You'll be shocked to learn just how many people want to listen to you and absorb everything they can from your words.

Now is the best time to start cashing in on your life experience, so evaluate what you know and get out there and find the people who want to learn from you.

** The Importance of Evolving
By Michael Newman, the "Money Finder"

In business — much like in life — it’s important to evolve. Just because you have been doing something for a long time, your comfort level has no bearing on the need to keep up with the times. Staying ahead of the competition and giving your market what they need never lose importance.

It’s always easy once you’ve achieved success to let your guard down. After all, you’d like to take some time to enjoy the fruits of your labor. Well, go right ahead. But during your down time, reflect on what it was that got you to the level you’re at.

When I recollect my business success, there is always one theme that keeps arising: drive. Being driven means it’s impossible to feel as though your work is complete and, no matter what you’ve accomplished, there is always room for improvement.

It means don’t sit pretty and gawk at past achievements, but stay motivated on how to improve upon them. Regardless of how perfect something seems, it can always be bettered in business.

If you’re having trouble staying driven, here are a few tips to get you back on track:

Remember what it was like when you started out. When you started out, you were hungry and innovative. You knew you possessed the idea that could change the world and bring about all kinds of money in the process. You wouldn’t take no for an answer as you began building your own successful business. By recalling the hunger that was once inside of you to succeed, motivation should follow suit.
Take a look at your competitors. See how they’re coming along and what you may be required to do to improve your business. Look at ways to differentiate your business so it looks more attractive to customers.
Observe the market. Look at new demands on your industry and how your business can grow to meet them. Find ways to expand by keeping up-to-date with the latest innovations.

It’s very rare for the business world to become stagnant. When you find your business is sitting pretty while the world around it evolves, take action and ensure you don’t get left behind. Finding ways to stay motivated will not only help the success of your business, but it will keep you on the cutting edge.