This is actually a lot easier than it sounds.
First however, the benefits:
1 You don't need any qualification. The only skills you need are a thick skin, some common sense and a nose to figure out what people want.
2 Once you have set it up, i.e. prepared the material, set up the web site and the payment system, it's a great passive income.
3 Even people who fail in trading (which is, errm, pretty much everyone) can do it. You certainly don't need to be a trader to sell trading courses. God there'd be ahem no course left then...
4 It's far far easier to earn money this way than having a 9-5 job and putting up with a d1ckhead boss. You are in control all the time. what's more, you are not even at the mercy of the market. what could be better?
5 You can even make it anonymous, i.e. set up the website for a company as a front without ever having to mention your name anywhere. If your website sinks, simply start a new one with a new name and a new logo.
6 Nobody can ever sue you for selling crap systems. Simply put up those disclosures 'this is only educational... past performance is no guarantee.. all results are simulated...' etc and you are safe. That's the beauty of selling things that claim to teach other people how to make money. You build a dodgy house and sell to a customer, they'll sue your ar*e off. You sell crap trading systems, you say 'past performance... ' and walk away.
Now some basic facts:
1 Yes there will be some people who will kick and scream and ask for a refund (which you'll simply ignore, see below), but the vast majority will happily pay you and you'll never hear from them again, cos they have never bothered to follow it up anyway and are probably busy buying something else. I mean come on, if they were that diligent they wouldn't be losers then would they.
2 Remember also that people who are coming to you actually are desperate to believe that their life will change forever from this point on and they will richer than Bill Gates by this time next year. Your job is to simply give them what they want, i.e. a piece of dream they can keep themselves busy with for some time.
3 if someone comes back hassling you then tell them either a. the markets have changed (if you sell a mechanical system) or b. that they are not following your system in its true spirit (if you are selling a discretionary system), or simply c. all systems go through bad periods. You may even wanna throw in some semi-spiritaual crap e.g. 'stop wanting and you'll get it', 'don't let this lower your self image' or that kind of sh1t. They work like magic.
4. Finally, remember that at the end of the day the sheep want to pay you. they can't wait to open their wallet. your job is to simply help them in their endevour, i.e. to lighten the burden on their pocket and make them feel happy. you are the pro here, and you are dealing with a bunch of clueless amateurs. and don't forget there is no shortage of them in the world and there will never be.
In the next instalments, I'll cover more details. Please bear with me cos I am also learning as I go along.
First however, the benefits:
1 You don't need any qualification. The only skills you need are a thick skin, some common sense and a nose to figure out what people want.
2 Once you have set it up, i.e. prepared the material, set up the web site and the payment system, it's a great passive income.
3 Even people who fail in trading (which is, errm, pretty much everyone) can do it. You certainly don't need to be a trader to sell trading courses. God there'd be ahem no course left then...
4 It's far far easier to earn money this way than having a 9-5 job and putting up with a d1ckhead boss. You are in control all the time. what's more, you are not even at the mercy of the market. what could be better?
5 You can even make it anonymous, i.e. set up the website for a company as a front without ever having to mention your name anywhere. If your website sinks, simply start a new one with a new name and a new logo.
6 Nobody can ever sue you for selling crap systems. Simply put up those disclosures 'this is only educational... past performance is no guarantee.. all results are simulated...' etc and you are safe. That's the beauty of selling things that claim to teach other people how to make money. You build a dodgy house and sell to a customer, they'll sue your ar*e off. You sell crap trading systems, you say 'past performance... ' and walk away.
Now some basic facts:
1 Yes there will be some people who will kick and scream and ask for a refund (which you'll simply ignore, see below), but the vast majority will happily pay you and you'll never hear from them again, cos they have never bothered to follow it up anyway and are probably busy buying something else. I mean come on, if they were that diligent they wouldn't be losers then would they.
2 Remember also that people who are coming to you actually are desperate to believe that their life will change forever from this point on and they will richer than Bill Gates by this time next year. Your job is to simply give them what they want, i.e. a piece of dream they can keep themselves busy with for some time.
3 if someone comes back hassling you then tell them either a. the markets have changed (if you sell a mechanical system) or b. that they are not following your system in its true spirit (if you are selling a discretionary system), or simply c. all systems go through bad periods. You may even wanna throw in some semi-spiritaual crap e.g. 'stop wanting and you'll get it', 'don't let this lower your self image' or that kind of sh1t. They work like magic.
4. Finally, remember that at the end of the day the sheep want to pay you. they can't wait to open their wallet. your job is to simply help them in their endevour, i.e. to lighten the burden on their pocket and make them feel happy. you are the pro here, and you are dealing with a bunch of clueless amateurs. and don't forget there is no shortage of them in the world and there will never be.
In the next instalments, I'll cover more details. Please bear with me cos I am also learning as I go along.
