http://www.themillionairedropout.com Vince Stanzione Millionaire Dropout, Fire Your Boss, Do What You Love & Reclaim your life 5 Ways to GET Richer in 2014 Daily Star. Vince Stanzione reviews and comments
Vince Stanzione Daily Star - 5 ways to get richer newspaper Article
THE IRISH DAILY STAR, Thursday December 5 2013
5 WAYS TO GET
OOKING for ways to earn more
money in 2014? Well who better to
turn to for advice than a self-made
multi-millionaire and entrepreneur?
British man Vince Stanzione is the
extremely rich investor and author of the
bestselling book The Millionaire Dropout:
Fire Your Boss, Do What You Love &
Reclaim Your Life (Easons, €10.99).
In his book, Vince explains that you can
join the ranks of those who are living lifestyles that others only dream about — those
who are not only rich financially, but also in
time and fulfilment.
The book shows you how you can take
control of your mind, supercharge your
money and make millions — anywhere.
We asked him to reveal his top five tips to
making the New Year a more profitable one
as 2014 looms around the corner.
START YOUR OWN BUSINESS
n IN THE
all want to
By Eva Hogan
Also, think niche. Rather than offering,
for example, a general personal training
service, offer a specific service, such as
personal training for the over-55s, and you
will be able to charge more.
INVEST IN ANOTHER
Investing in a start-up business has risks
but also rewards, ask anyone that was an
early investor of Facebook, Twitter or
The big money is made when the business
is sold or the company gets floated on a
stock exchange and your private shares are
converted to publicly traded stock. You may
also be able to make money from a shortterm private loan; many new business are
funded by friends and family.
In the last few years crowdfunding has
also become popular. This involves investing in a business for part of the return –
who knows, you could be the new Dragon!
It’s unlikely that one small investment will
make you a fortune but you can compound
your profits from one business to another.
You’re never going to get rich working for
someone else, so start your own business.
You don’t have to give up the day job to
start with and many businesses, such as
mail order and internet-based ventures can
be set up on a shoestring budget and you
can work from home.
You may also have a skill that you use in
LEARN HOW TO TRADE AND
your day job that you could use in your own
INVEST IN MARKETS
business. Skills like IT, translation and
Trading in financial markets gives you a
marketing are all services that you could
way to profit from currencies (FX), comoffer on the side.
modities, indices and listed shares.
These days it seems that everyone is timeUnlike investing in a
starved, with lots of
private company you
problems arising from
can trade in the shortthis. Do you have a
er term and profit
service to offer that
from rising and falling
can solve their probprices.
lems? If you do, you are
You can start small
likely on to a winner.
and build up. There
are many good books
potential customer is
and courses available
thinking WII FM (no
n GET RICH:
and you can practise
that’s not a radio statrading with a virtual
tion), What’s In It For
account before using
Me. You have to give
them what they want
Movies may depict
and make it easy for
20-year-olds, glued to a
them to buy it from you.
computer all day and shouting loudly, but
the truth is you can trade successfully by
automating everything and spending no
more than 30 minutes a day on it.
out to businesses that may find them of use.
I reregistered a dropped site for $10 which
now has a value of over $3,500 – not a bad
return for about 10 minutes work!
BUY AND SELL
LEARN TO SPOT A BARGAIN
IN PROPERTY AND AT
Whilst many think of property as bricks
and mortar, these days it includes web
domain names, websites, books, DVDs and
music. It’s possible to buy the rights to all
these items and either resell them as is or
repackage them, spruce them up and sell
them at a mark-up.
Sites like Flippa.com allow you to buy and
sell websites. Other sites allow you to buy
the resale and reprint rights to books and
Another moneymaking opportunity is
looking for expired domain names and reregistering them. You can then offer them
Whilst it doesn’t happen every day there
have been plenty of instances of underpriced items, such as works of art, property
or items sold at government auctions at substantially reduced prices.
This is going to take some research and
may mean turning up to the middle of
nowhere, but the profits you can make can
more than compensate.
You can also act as a middleman or agent
if, for example, you find a good deal but
cannot fund it yourself, you can look to sell
the idea on for a cut.
HOW TO BUDGET FOR XMAS
IF YOU’RE worried about overspending this
festive season, help could be just a click
The National Consumer Agency has a
Christmas budgeting tool and some useful
money saving tips on www.consumerhelp.ie
to help you keep your festive finances right
It sets out the main costs associated with
Christmas such as gifts, food, drink and
decorations, and includes some less obvious
costs people may forget to budget for.
These include Christmas nights out or
increased heating and electricity bills
So plan ahead with the National Consumer
Agency’s CHRISTMAS money-saving tips:
HRISTMAS cooking doesn’t have to cost
a fortune. Look out for own-brand goods,
particularly as ingredients in the likes of
stuffing, mincemeat, ham glaze and so on.
Remember that shops are only closed for a
day or two, so don’t buy more than you need.
That way you’ll prevent waste.
can rise at
HEATINGhouseelectricity coststo run. Try
Christmas. Tree lights and lighting
putting lights on a timer and make simple
changes such as regularly turning off lights,
switching off appliances and buying energyefficient light bulbs to cut down on costs.
ESEARCH is a
Rof your budget. greatcomparekeep on both
If you have a present in
mind, shop around and
in-store and online.
INSPIRATIONThink ofcost effective limit
time of year!
ways to help
your spending on gifts, including Secret
Santa. If there is an expensive item that you
really want to give to someone, consider
splitting the cost with a friend or relative.
SHOPPING idea andacouldor in atopanic is
not a good
buys that could cost you dear.
Make a list (and check it at least twice!) of
everyone you intend to buy for and how
much you will spend on each person.
a present for family or
THINKinaboutyou could make rather than
If you’re good at baking, biscuits that
double up as tree decorations are thoughtful
and effective. If you enjoy photography, you
could do an album or frame a particularly
Handmade gifts and cards are appreciated,
and if you have children, getting them
involved is a fun and inexpensive activity to
while away a cold winter evening.
your rights. If you
MAKEsomethingknowshop and change
your mind, you are not entitled to a refund.
However in some cases they may give you a
refund or allow you to change the item.
You are likely to be asked for proof of
purchase (a receipt or a gift receipt if you
are returning something someone else
bought for you). You can learn more about
your rights www.consumerhelp.ie
and conditions if
Athe expiry terms Are therevouchers.you are
buying gift cards or gift
help with the
STRESSthe presents totry haveto get worked
Christmas spirit, so
to buy and
how you are going to afford them.
This is a time for enjoying family and
friends, and with a bit of pre-planning, it
can still be a time of plenty.
lSee www.consumerhelp.ie for more tips.