We originally blog this post when we first started the blog on how to supplement your income. I decided to repost it. You can use your ideas from Cash Cow and make money!
One of the first things we learned to do when we decided that we wanted to quit our jobs and become more financially free was to supplement our income. Individually we took our pay and calculated how much each of us made on a daily basis. Then we brainstormed and tried to figure out different ways for us to make that same amount on our own without working. This exercise if very simple and once you make a list, the crucial element is to actually follow through and execute the very ideas you put on paper. Because once you successfully supplement your income once, your confidence in making additional money will grow and you will want to do it all the time. Below we outlined the exercise and gave it the name “Cash Cow”.
Objective: To think of as many different ways to come up with X amount of dollars within a 24 hour period. How to Play: You can do this by yourself but it’s even more fun with a group. One person at a time tells everyone else how he or she would make X amount of dollars within 24 hours without working for wages at their current job or any other job that pays him or her a paycheck. Record his or her idea. Then the next person explains how they would make X amount of dollars within 24 hours WITHOUT saying the same thing that the person(s) before them have stated. Repeat the process until you run out of ideas. Now that everyone has exhausted his or her ideas, review everyone’s answers aloud and discuss how viable it would be to execute each idea.
[...] This post was mentioned on Twitter by Omari Worthy, Barry Givens. Barry Givens said: comment on blog http://bit.ly/3XpuZU, & click on an ad! $100 goes to 1 winner #moneyisjustanidea (RT this) [...]
Commenting…. This is a good way to make $100. #moneyisjustanidea
lol
Sign up at fieldwork.com to do the paid market surveys. $50-100 for no more than 2 hours of your life.
I’m glad you decided to post this again because I certainly missed it the first time.
I love this idea and will take some time out today and come up with my own plan before sharing it with my friends for some feedback.
Great job and great post!
I’m going to get my crew together so we can brainstorm!
Turn your hobby into a money making venture. If you’re good at painting sell ur paintings. Like photography become a free lance photographer on the side. The list goes on. Find your passion figure out how to execute it. What better way to make money than doing something you enjoy. Who knows it might go from being a side job to a lucrative business.
Buy a hard to find item (like the Wii last year) mark it up $100 and sell on Craig’s list. Done and done.
Make a hit record and sell it too everybody!
Kdarisaw: Buy alot of candy and sell it at bus stops in the morning. Get one of those portable coffee makers and stand in front of Marta or a busy office building. Buy roses and other flowers and sell them for twice their worth outside of office buildings in the afternoon. Stand near a busy construction site, a football game, or just outside the busiest basketball court on saturday with bottled water. Convenience and impulse buys are the key.
im commenting……KD is going in right now btw
Sell one of these crack beats I made last night. Nicotine, get addicted!!!!
ask O and Givens to slide that $100 on over here to me…
since my 1000 tweet was about them!!!! YAY!!! milestone
Great idea! My siblings and I play violin & viola so our side hustle is doing music gigs.
There are a lot of great ideas coming. I would sell hot cocoa outside of the MNF game tonite as ppl tailgate
mediate or negotiate a million dollar divorce settlement over breakfast….easy just become a certified mediator in your state and you can charge $200 an hr:)