The Turn £100,00 into £10,000 by the end of 2010 all dribble unofficial Thread

moneymakestheworldgoround

New thread started for all those who wish to continue with the challenge, but wish to share highs, lows, challenges of life, demotivating times, and hints, tips and out of the box ideas. Oh, and also share what they are cooking for dinner.

All welcome with open arms

The idea is to make £10,000 by the end of the year.Any which way possible. Overtime, extra sales, part time jobs, ebay, amazon, bingo etc... Most of us havent started with the £100 so dont let that put you off ! If you need any help or ideas, we are the thread for you - we can generate the most random ideas to help you on your way.

If you havent signed up for challenges before, or have lurked in the shadows for some time, then introduce yourself and take the plunge - you will be in safe hands. No question is a silly question so fire away.
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General
Facebook link http://www.facebook.com/reqs.php#/gr...d=396812865586 (Cally600)
RegrETSY (for fun) http://www.regretsy.com/ (Nads)
Preemiesuk – sell mobiles http://www.preemiesuk.envirocharities.com/ (shezmit)
Paperclip > House http://oneredpaperclip.blogspot.com/ (steveint)
Homemade Light Box http://digital-photography-school.co...ive-light-tent (Fruitloops)

Ebay Help
eBay Selling Manager http://pages.ebay.co.uk/selling_manager/ (Cally6008/Eyesparky)
eBay Misspelling Search http://www.fatfingers.com/ (Seashell)
eBay fees http://auctionfeecalculator.com/uk_ebay_fee_calc2.html (Floxxie on another thread)
eBay gadgets www.Goofbay.com (Carcon)
eBay wanted section http://pages.ebay.co.uk/wantitnow/ (Carcon)
eBay Local bargains http://www.localbargainfinder.co.uk/ (paulabear)
eBay Last Minute http://www.lastminute-auction.com/uk (Carcon)
eBay No Bids http://www.no-bids.com (niccy)
eBay most popular search http://pulse.ebay.co.uk/ (Carcon)
eBay popular searches http://popular.ebay.co.uk/ (Carcon)
eBay Watch Count http://www.watchcount.com/. (Eyesparky)
eBay Logo Generator http://www.eshopbooster.co.uk/logomaker.php (Carcon)

Motivation
Mind mapping http://www.mind-mapping.co.uk/make-mind-map.htm (Scrooge2008)
The Secret http://www.pdf-search-engine.com/the...byrne-pdf.html (Agar)
Audiobook Think and Grow Rich http://www.pathway-to-success.com/tgr.html (Bambywamby)
Earle Nightingale http://www.youtube.com/watch?v=JgUc7...eature=related (Eyesparky)

Other income
Review earners http://www.wozzon.com/promotions/reviewwinpounds (Nikki2804)
Social Research http://www.natcen.ac.uk/job-opportunities (Skintbint)
Market Research http://www.cpmjobs.co.uk/ (Scrooge2008)
Market Research http://www.relfm.com/recruitment/?page_id=527
Renting storage space http://www.spareground.com


Postage, advertising help
Flyers printing http://www.just-print.co.uk/(2cats1kid)
Online Printing Services www.fileprint.org. (dillidalli)
Web site help www.webs.com. (Amber Sunshine)
Packaging supplier http://envelope-master.co.uk/ (MoneymakesTWGR)
Packaging supplier http://www.stationeryboxesandbags.co.uk/ (Turkishdelight)
Interparcel http://www.interparcel.com/ (Dillidalli)
Parcels www.parcel2go.com (Floxxie on another thread)
Parcels http://www.collectplus.co.uk/ (Turkishdelight)
Parcels http://www.parcelbee.co.uk/ (mambury)


Buying - suppliers
Giving and Living 2010 http://www.hale-events.co.uk/excatalog.cfm (Bing0)
Giving and Living 2010 http://www.givingliving.co.uk/exhibitors.html (Bing0)
jars and pots http://www.ascott.biz/acatalog/Glass...amic_Pots.html (Nakmeister)
Wholesalers http://www.dhgate.com/wholesale/dirl...fo=10.0,20.0 (Abby1234519)
Wholesalers www.alibaba.com (Mrs-D)
Wholesalers http://www.real-work-at-home.co.uk/L...language=en-GB (mambury)
Wholesalers Returns www.thetrader.co.uk (bing0)
Boffer site www.boffer.co.uk (Clurbur85)
Crafting supplier http://www.docrafts.co.uk/asp/produc...&brand=0&b2c=1 (KarleyMarie)
Gardening supplier http://www.thompson-morgan.com/ (Cooltrikerchick)
Local bargains http://www.localbargainfinder.co.uk/ (paulabear)
Grabit Bargains http://www.grabitnow.com/ (jamespir)

Selling
Hints on what to sell http://www.marketingtips.uk.com/ (Moneymaker)
Link to carboot thread http://forums.moneysavingexpert.com/...play.html?f=40 (Xxamypxx)
Carboots www.bootfairs.co.uk (Trying hard)
Carboots www.carbootjunction.com (Trying hard)
Carboots www.silversurfers.net (Trying hard)
Online carboot www.bootbay.co.uk (Victoriaplum1)
Mum and kids http://www.netmums.com (Xxdeebeexx)
Craft site http://www.folksy.com
Craft site http://www.etsy.com
Craft sitewww.dawanda.co.uk (halight)
Tile planters http://www.designerplanters.co.uk/marble.htm (Bing0)
Tile planter how to http://www.ehow.com/how_5105501_make...flowerpot.html (BFem)
Book Sellers http://fatbrain.co.uk/ (Seashell)
Books http://www.cash4books.net (cally6008)
Ladybird books http://www.ladybird-books.com/buy.php (kosma1)
Photo Selling http://www.photoboxgallery.com/ (Turia)
Photo Selling http://www.photostockplus.com/ (Turia)
Photo Selling eBook http://www.photosecrets.com/sell.html (Turia)
eBook Selling http://www.clickbank.com/index.html (rao)
Resell Ticketmaster tickets http://www.getmein.com (drinkupretty)
Lego http://www.bricklink.com/ (mambury)

Tax and Benefits
Starting a business advice - http://www.hmrc.gov.uk/startingup/ (BingO)
Register as self employed http://www.hmrc.gov.uk/selfemployed/...f-employed.htm (Rao)
Self employment advice http://forums.moneysavingexpert.com/...html?t=1987131 (Scrooge2008)
Grants for Businesses http://online.businesslink.gov.uk/bd...&r.t=RESOURCES (Scrooge2008)
Income tax relief http://www.hmrc.gov.uk/incometax/relief-self-emp.htm#2 (Kosma1)
Working Tax Credit http://taxcredits.hmrc.gov.uk/HomeNew.aspx (drinkupretty)
Expenses http://www.hmrc.gov.uk/manuals/bimmanual/bim47820.htm (Nakmeister)
Expenses examples http://www.hmrc.gov.uk/manuals/bimmanual/bim47825.htm (Nakmeister)
expenses http://www.hmrc.gov.uk/guidance/480.pdf (Paws)

Blogging
Tickers http://www.tickerfactory.com/ezticke...er.php?type=10 (rao)
Ticker Guide http://bestblogtricks.blogspot.com/2...d-add-ons.html (rao)
Wordpress Ticker http://onecoolsitebloggingtips.com/2...-to-your-blog/ (rao)

UPDATED HERE POST 1289 http://forums.moneysavingexpert.com/showthread.html?t=2234831&page=33

I am adding this useful info as requested by members:

Hi All.
I'm a little further on then you guys. I starred a similar thing in July 2007 with just £100. I spent the first £30 on stock from ebay and resold for £130. I made £3k in the first year after all costs, tax etc but i also grow my stock to about £5k in value.

i'm now buying and selling constantly and sold £9k of stock in the in the run up to Christmas and £30k in the whole of 2009. This was all on stock that is reduced now and winter stock reduced in the summer. I aim to make 25% - 50% per item, anything less and its not worth the hassle. Here are my key points to remember.

Knowledge - This is how you make your money. Specialise on something you know about ie i know nothing about cars but my girlfriend dad makes a living
buying and selling them. I'd lose money if i did it.

Research - You have to know your market, this is the most time consuming part.

Fees - Get a grasp of e-bays fees very quickly. They add up fast and you have to work this into your profit margin.

Postage and Packaging - find a good supplier of boxes and get friendly with the local postmaster, pays in the long run

Accounts - do them as you go along

Laziness - Capitalise on peoples laziness, i have sold items on ebay for others taking a cut of the profits just because they are too lazy to do it themselves.

Turnover - keep the stock turning over, stock that doesn't sell doesn't earn any money. Cut your losses were necessary

Seasonal Stock - i have invested £300 in advent calendars that i know i can sell next Sept for £600 that's about a £200 profit after all costs, better rate of return then any bank i know.

Gambles - I would say 20% of the capital i spend is on gambles and 80% is sure things, some pay of some don't.

Motivation - You will buy some awful stock and some real gems, the trick is not to beat yourself up or over reward yourself or you will miss the next opportunity

Cash flow - you need cash to buy stock, cash gives you options, always aim to keep 20% of your float free for opportunities that arise.

Discounts - take every discount you can get including cash back

********MANY THANKS TO BING0 FOR COMPILING ALL THE ABOVE INFORMATION**************

Just a general bit about regular posters, what we are doing the task for and how. Dont forget to click on user names and look in profiles and see if blogs and websites are listed - go on, have a nose !!

moneymakestheworldgoround -HOUSE DEPOSIT/ emo sales/plastic storage boxes/life coaching/mascot hire/ general retail
seashell REDUCE DEBT
littlemisshappy LUXURIES/TREATS
yummymummy20 FURNSIH FLAT/DEBT FREE/ RELIABLE CAR design business
cally6008 horse website (retail/forum/info)
moneymabel wedding jewellery
skintbint fantastic novelty cakes
ambersunshine well, umm WORLD DOMINATION
drinkupretty SELF EMPLOYMENT/ goth clothes and accessories
mfwdannyg LIVE THE DREAM IN CORNWALL
whitewillow LOAN FREE/ customized paintball/airsoft/bmx masks and helmets
victoriaplum1 CREDIT CARD PAID/ REVAMPED HOME/ SAVE FOR HOLS
saucysecrets handmade photo frames
daisygogo REPLENISH SAVINGS
turia DEBT FREE
tryingtobegood DEBT FREE WITH SAVINGS
steveswift TO DO THE CHALLENGE VIA POKER
sheloveshimsomuch HOUSE DEPOSIT/ ebay
mambury body jewellery
EMminently
ysatiss PAY DEBT

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CURRENT TOTALS - updated month end http://forums.moneysavingexpert.com/showthread.html?t=2234831&page=33 post 1293

hannah27

Thanks for the new thread! new start for us all!

2cats1kid

I'm here!

But apparently my message doesn't contain enough drivel so I have to write more to make it long enough.

SEASHELL

Think I'll stick with the chatters:D:D:D

LittleMissHappy_2

Hi

Was only going to write 'Hi' but the forum said it had to be at least 10 characters :rotfl:

YummyMummy20

moneymakestheworldgoround wrote: »

New thread started for all those who wish to continue with the challenge, but wish to share highs, lows, challenges of life, demotivating times, and hints, tips and out of the box ideas.

Oh, and also share what they are cooking for dinner.

All welcome with open arms

Just for the record: we had sausages, chips and mushrooms, as requested by my very odd child

cally6008

one turkey burger, one vegetable finger, one fish finger, slim french fries, tomato ketchup and spaghetti hoops :rotfl:

hannah27

i havent eaten anything yet! but tomorrow for lunch i shall be having a cheese sandwich!!

moneymabel

Helloooo!!!! And in manner of Father Jack from Father Ted........SOCKS.......WHIPS......SAUSAGES......SMELLY SLIPPERS...

Shhhhh that's better :-)

am just waiting for an eBay auction to finish btw :-)

moneymabel

Ps I had pizza...

YummyMummy20

Because of this big 'ole tantrum I haven't done anything useful

Might just stick a DVD on but I did that last night and ended up crying. I would like to say I watched a proper tearjerker but it was The Devil Wears Prada :rotfl: