Send me $1 and I'll show you how to make $500

Send me $1 and I’ll show you how to make $500

by Roman on May 29, 2008

I was reading Adam Primero’s blog the other day and came across the following

You probably remember the old subscription magazines that had classified ads. “Send me $1, I’ll show you how to make $500 a month” Do you remember those ads?
9 out of 10 times, you send $1, you get a letter that said, place ads in the back of magazines offering to share your “secret” for$1″

Well – I don’t remember these ads and NO, I don’t have a bad memory!

The reason is simple – I live in Estonia and to my knowledge this has never been done here. I can’t be 100% sure but I read a lot and have never heard of such a “business opportunity”.

As I do with other interesting ideas I wrote it down – “Maybe I will do it one day” I thought.

I am an easy person to get excited about new things but usually I get tired of them pretty fast. It’s about 99% certain to me, that after writing down an idea that would make an interesting start-up business I will never try to get the project started.

This time its different

This blog is here for a reason and if I can use it to make myself do something that is

  1. A cool experiment
  2. Easy to do
  3. Has potential to make some money
  4. Will entertain the readers at FinancialJesus.com

There is no reason I shouldn’t do it.

If I can use this blog to help keep my promises to myself and at the same time make a little money – I should go for it.

Next steps

I am going to do a little research and find a couple of newspapers that allow to post some cheap ads. After that I can hopefully publish an ad or two and see if the money starts coming in or not.

I will have to find a balance between how much money I will ask people to send me and how much I will promise to help them make. The sum I will ask for should be small enough that people are willing to send it to me and large enough for me to make some money!

Since we don’t use checks here in Estonia I must also think of a way that people can give me their money. :twisted: About 98% of bank transactions are made through internet over here(Estonia is the #1 country in the world in online banking). So I need to decide between having people send cash in an envelope or having them make online transactions or both.

I am open for suggestions and tips how make this thing work.

I will keep you updated how it goes. If it works here in Estonia there is a good chance it will work in some other countries my readers are from! The best way to see, how much money I will make with all of this is to sign up for my full feed RSS or subscribe via email.

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{ 7 comments }

Adam Primero May 29, 2008 at 9:40 pm

LOL Roman, that put a smile on my face that I so needed. Thanks. So first, I am probably twice your age. Second, these ads were usually found in the back of Popular Science, and Popular Mechanics in the 70’s. Were you even born yet?
I don’t know of to many, if any magazines still do it.
But, if you think about it Roman, you see it all over the internet. Ebay, “capture pages”, they have just used technology to promote it now. In 1975 stamps were like .10 (dont quote me) So an add for $10. was a money maker if 11 people answered, and a dollar was a dollar back then. Now, It would look like this. Paypal me $9.95 and I will show you the secrets of making money on ebay with this CD. What do you think is on the cd?
True it wont be as simple as, put a cd on ebay and tell them the same thing, but it will be close. I am going to Post on this topic shortly. Thanks again:-)

Roman May 30, 2008 at 1:51 am

I was born in 1983 – so yeah, I don’t know too much about the 70-s. :lol:
I see your point about how people are doing it essentially the same way today, but only with a bit more advanced technology but I’m thinking that I will try it the old school way!

MoneyEnergy May 30, 2008 at 12:08 am

Roman,

I did not know that Estonia had such a high online banking demographic. That’s very interesting. If everyone’s online, you’ve got a good home market to promote to as well. I’m guessing you’ve already thought of an Estonian blog, too?

If not as many Estonian readers also read English, you could have a site that shows them how to start their own online businesses. You could even consult or do freelance work where you help other Estonians open up THEIR own blogs and websites (if you’ve managed to get this blog up, I’m sure you know enough to charge others to walk them through it).

Just two random thoughts I just had while reading this post!

By the way, soon I will be at a new homepage. I’ll send out the new address though. I’ll finally be at my own site.

Roman May 30, 2008 at 2:01 am

MoneyEnergy – I have actually thought about starting my own blog in Estonia and I have actually done it as well. My Estonian domain and website is at http://www.eduvalem.ee – but its in Estonian so you probably won’t understand it (Estonian is just like Finnish :lol: )
The blog name translates to Secret of Success and the point behind it is a bit similar to this blog – to talk about different stuff about money and getting successful. However I have only made 2 posts this far…
Estonia is a small country, so the overall population who uses the internet daily is about 800 000. That’s less than FinancialJesus.com will eventually have :twisted:
However there are various opportunities here – if I were to act now I could actually acquire different niches. If I were to find good partners I would set up some Estonian niche stores! The problem is its difficult to find someone who would ship to Estonia! Anyway this is a really good idea and quit good money making opportunity – I just haven’t got into it yet!

Adam Primero May 30, 2008 at 8:12 am

I’ll set up anything you guys want, I’ll gladly ship to Estonia. I have a friend here in the states, Andrew
Boldrev. Anyone know that last name phonetically speaking. His family is still in Estonia.

Nick June 17, 2008 at 9:46 pm

Lol, that’s kinda low don’t you think? Wouldn’t you rather make money by providing something of value?

Roman June 18, 2008 at 11:07 am

Isn’t it value when I make an experiment and then later let everyone know how it went?

Anyhow this experiment and most of my blog is in a hold until June 26th. Im having tons of stuff to do at school for a project I am managing and it’s pretty overwhelming!

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