How to Make one Dollar Work for You

By Sylvia McClain

One Dollar is All it Takes One Dollar is All it Takes

Rate: (4 Ratings)

One dollar you’re saying? Yes, one dollar. It is called passive income. You can do it in a number of ways that take little of your time if any and can generate enough income to get the supplies you need but don’t like to buy.

Instructions

Difficulty: Moderately Easy

Step1
They are called “tip booklets.” You see them all the time. A collection of 10-50 tips put together to sell directly, on the internet or both. I personally put together one last year and sold 30 in 15 minutes at a book fair. Keep the number of pages between 8-20. Anymore would really have to be called something else. Being a writer, that paid for lunch that day and got me a list of potential new customers for the purchase of my other books.
Step2
How about short stories? Did you know you can sell short stories for one dollar on your web sight and 49¢ on Amazon? Make it a two for one treat on your web site and when purchased by one customer for a dollar, tell them you will send a copy to a friend too. This stays in compliance with selling it on Amazon with no discrepancy between the two.
Step3
Photographers can do a dollar deal by putting together ten photos that are hard to find or some kind of specialty in a file. This would only be downloaded from your web site to be used up to let’s say, five times before being purchased again.

Tips & Warnings

  • If you do this repeatedly and expand it, over time it could become a continuing source of a bigger income.

Comments

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on 7/12/2008 these are some good ideas thanks for sharing!

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on 6/9/2008 Interesting.

Fike said

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on 2/22/2008 Excellent tips on constructing "tip booklets"! I'm doing this, thanks to you. Larry Fike, http://www.ustream.tv/larryfike

Ceile said

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on 1/15/2008 Great ideas! Well written article - and thank you for this!

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eHow Article:  How to Make one Dollar Work for You

eHow Member: Sylvia McClain

Sylvia McClain

Enthusiast Enthusiast | 1400 Points

Category: Arts & Entertainment

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