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Tuesday, June 30, 2009

Earn Extra Cash At Home With Arbitrage!

soldDo you want to earn extra cash at home with a fun business? Then arbitrage may be for you! According to Wikipedia, in economics and finance, the definition of arbitrage is the practice of taking advantage of a price differential between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices.

I take advantage of arbitrage opportunities all the time. If you know the right places to search for items you can purchase at a reasonable price, and sell them for a reasonable profit, then it really isn't that hard. You just need to be consistent, and regularly do research as for the best places to search for arbitrage opportunities.

SlickDeals.net
I personally like to check out Slickdeals.net and hang out in their Hot Deals Forum. That's where all the hot deals are posted by a community of like-minded deal seekers. Others vote on the deals by giving the topic a thumbs up or thumbs down. I scan the topics with the most thumbs up, and read them first. However, don't discount the items without any "thumbs" because they can just be topics of not much interest to the majority of people, or they're newly posted.

Once, I found a deal for Tony Hawk helmet cameras. Very cool, little cameras that fit on a sports helmet. Great for skateboarders, bike riders, skiiers, etc. Someone on Slickdeals found them at an online store for $19.99. Well, sellers on Amazon were selling them anywhere from $60-$80. I purchased as many as I could from this online source, and even purchased them at $29.99 at another online source and turned around and sold them on Amazon. I made almost $3,000 from this one product in just two weeks (I have to add that it was the Holiday season so obviously that helped).

Sadly, the days where money could be made from selling Tony Hawk helmet cameras are over. If you look on Amazon now for the Digital Blue Tony Hawk Helmetcam, at least as of today, the item is selling for $26.60. Time to move on...

Here Is Amazon's Deal Of The Day

DealCatcher
I also subscribe to Deal Alerts from DealCatcher.com. You enter keywords of either products or stores with deals or sales in which to be alerted. You will receive an email that informs you of these deals.

I received a DealAlert the other day from DealCatcher that let me know about a deal from Buy.com since that's one of my keywords. Buy.com had a digital photo converter from Hammacher Schlemmer for $50. They retail for $200. I did a quick search on eBay to see the average price for which they were selling, and an advanced search informed me that I could sell them and make a profit. I bought four. I sold all four with a reasonable profit. Better yet, the auctions attracted decent traffic so everyone that looked at my auctions, also got to see a link from my auction to my About Me Page on eBay where I advertise MyMochaMoney blog, plus other links to articles and posts I've written.

Continue Reading, "Earn Extra Cash At Home With Arbitrage!"

Friday, June 26, 2009

Face Painting Small Designs On Kids-REAL Home Business?

Face Painting Bunny Design

I just started face painting small designs for kids not too long ago. However, I think face painting is a viable REAL small business you can do at home. In addition, face painting is extremely enjoyable, partly due to the fact that you put smiles on kids' faces very quickly!

I never realized how much fun face painting was until I tried it. I have some painting skills, but I'm not convinced that a true beginner couldn't make a real go at being a proficient face painter--even possibly starting their own home business out of this hobby. If you have the desire, the willingness to learn, and the dedication to practicing, anything is possible!

Below is the original blog post that was recently posted on MyMochaMoney.com:

Face Painting Designs On Kids–Small Home Business With Big Potential?

I started face painting small designs on my five-year old and her friend this past weekend. I've never face painted before, but have some painting skills, so they turned out pretty good.

I actually had a ton of fun doing it, and like everything else that I discover and enjoy, I throw myself into it full force. I found myself scouring around for information on face painting both online and in the bookstore. I was wondering, because it was so much fun, if face painting could actually be a good small home business to start.

I bought the face paints at Michael's craft store where they only had two types of face paints to choose from. I bought the Snazaroo face painting kit that came with eight paints, a sponge, and a brush; a pretty basic kit but great for someone just starting out. When I went to Barnes & Noble to see what I could find in terms of face painting books, I couldn't believe that they didn't stock any books on face painting designs, or how to face paint, or anything to do with face painting. So, I went back to the internet to learn more.

Face Painting Butterfly Design

I never really considered face painting to be a viable small home business, but apparently, it can be somewhat lucrative. Think of all the places that you might find face painters...craft shows, birthday parties, corporate events, fairs, fund-raising events, and more. In my research, I discovered that face painters can make anywhere between $50 and $150 an hour depending upon their experience, and/or venue. Just a side note--you don't have to be a skilled painter to be a face painter. If you can follow directions and learn the techniques laid out for you in a reference guide, then you can learn face painting. Just know that it will take practice and patience.


Face Painting Cat Design

I found and purchased a really good face painting book online for $27. The book has 50 different face painting designs, complete with over 600 pictures and step-by-step instructions. It also includes professional face painters tricks, techniques and trade secrets, AND it came with four bonus guides worth over $44. Not bad for just $27! The four bonus guides are:


  • 10 Cheek & Body Designs

  • Painting Children: How to Keep Them Still

  • How to Take Great Photos of Your Children

  • How to Face Paint with the Confidence of a Professional

  • So if you are looking to possibly start a small home business and are wondering if face painting could be an option for you, or if you are just looking to have some fun with your kids, check out The Comprehensive Guide To Face Painting. This Guide was by far the best one I could find online, and after buying it, I know that I'll be kept busy painting a lot of faces this summer!

    Will I start a small face painting home business now that I'm armed with the designs and knowledge to start one? You never know! For now, I'll keep painting my daughter's face and the faces of neighborhood kids. However, you never know where a new skill can take you!

    Interested in more information on face painting? Check out Small Face Painting Designs, and my extensive face painting website at FacePaintingSmallDesignsForKids.com.