HOW TO GET RICH WITHOUT WORKING

"Working" is described as the obligation to regularly attend and perform a designated task. An obligation that usually consumes 8 or 9 hours of one's daily life. "The Rat Race", it is humorously called. Yet, most people must depend on such jobs to finance their basic necessities of life. Often, just barely.

How have some people become wealthy without restricting themselves to "work"? Some have been lucky enough inherit a fortune. Others have struck it rich in lotteries or by gambling. A successful business owner, an officer in a large corporation, or a super salesman might acquire wealth through aggressive personal characteristics.

Then there are those who through manipulation, inside knowledge or proper timing have acquired a windfall by investing in the stock or commodity market.

Talented people have become rich as inventors, authors, sports figures, TV and movie stars. Professional people such as lawyers, doctors and bankers, through high fees or salaries, become wealthy.

The above situations, a matter of luck, special talent or timing, are beyond the hope of the average working man or woman. Yet, there are many opportunities for anyone to make a lot of money without relying upon luck, high education or special abilities.

First of all, those who have acquired wealth through their own personal efforts outline this advice for necessary attitudes and desires to acquire a high financial standing:


Go where the money is - get your share.

Be willing to accept and take business risks.

Do something positive in your search for riches.

Be willing to start small and grow big.

Be ready to jump into million dollar markets if the opportunity presents itself.

Use other people's money to help build your own wealth.

Diversify to increase your income.

Create, locate and market something unique and different.
Long ago, someone with a wise observation noted, "Working won't make you rich." So - let's review some of the methods others have used to become wealthy, and ways which you too, can acquire riches that a salaried job will never provide.

BECOME A "FINDER".

This is perhaps the easiest way to earn big money. What is a "Finder?" A finder is a person who brings two parties together on a transaction a d collects a fee for arranging the meeting that consummated the deal. The fee may be a percentage of the transaction or a flat determined sum.

Let's explain your role as a finder. Suppose you learn of someone who is interested in selling a large parcel of land, a building, surplus merchandise, a business, antiques, or dozens of other high priced items. You contact this person or firm and advise that you can furnish the name of a prospective buyer for a finder's fee if the sale is completed. You introduce prospective buyer to the seller by letter and let those two parties come to an agreement on the deal. You are entitled to a commission for locating the parties and arranging the meeting that resulted in completing the transaction.

Where do you find these opportunities? You may be fortunate enough to find them in your own locality. Look and ask around. Note the "For Sale" signs on large acreage or buildings. Check "Wanted" and "For Sale" listings in newspaper classified sections, The Wall Street Journal, the Business Opportunities Journal, or subscribe to some of the publications that advertise offers suitable for a finder.

Never contact the seller, except for particulars of his offer, until you have a definite buyer prospect. After your initial contact with both parties, send all correspondence concerning referrals, names, and confirmation of finder's fees by registered mail. Keep a copy of all correspondence should any legal problem arise concerning the receipt of your full and due commission.

MONEY FINDER.

In a similar method to the above, thousands of people are looking for money for business and commercial activities; others are seeking areas in which to invest. You can operate as a money agent, on a commission basis, by bringing together a party who seeks money with someone who is willing to lend it. Again, contacts may be obtained through the methods outlined above. Don't overlook foreign investors. The Arabs, particularly, have billions to invest. Seek such leads in publications with foreign circulation.

OVER $300,000 BY AGE 55!

Yes, it's possible through a regular and simple saving plan that most people can handle without financial hardship. Deposit $2,000 each year in one of the higher yielding savings plans and keep it in. Suppose you start this plan when you are 25 years of age. While future interest rates are impossible to predict, we will figure at a modest 10% accrued yield. At this yield and at the age of 55 you would have accumulated a nest egg of over $300,000 per year and more in later years if you continue the plan. Start a systematic and determined savings plan while you're young - you can enjoy the benefits of wealth at the still youthful age of 55!

REAL ESTATE.

The fact is that the largest percentage of fortunes were made in real estate dealings - land, housing units and commercial buildings. You are aware of the tremendous growth in real estate values in recent years. This trend is almost a certainty to continue. Population growth, even increased divorce rates, creates a need for more housing, more businesses, more recreational areas, etc.

There is no guarantee that all real estate will rise in value during your lifetime. Be selective in what and where you buy. Anticipate the coming trend based on economic, energy and growth factors. Will the population growth be in the outlying areas or will people move back into urban districts. Run down or semi-abandoned neighborhoods are often profitably renewed. Beautify a house or two in such areas and other people are anxious to do the same in that locality. Is an industrial, amusement center, or something to draw a large number of people planned for the area? If so, smart operators will begin buying property anticipating that homes and businesses will follow and real estate values rise tremendously.

Consider buying cheap unimproved land? Usually, it would produce nothing but cost you taxes, though modest in amount, until you could sell the property for profit. But, suppose you could develop it for some income producing benefit like pasture land, farming leases, flora for nurseymen, timber, hunting, camping or a recreational area? Unimproved land should be purchased only with the possibility of developing it for some money making purposes.

GOVERNMENT LAND.

Millions of acres of government land are available, mostly in western states, at unbelievable low prices. There are possibilities for money making activities such as ranches, resorts or striking it rich with mineral discoveries. For information, write to: Bureau of Land Management, Washington, DC 20240.

The GSA often offers vacant or improved land to the public. Also, buildings no longer required by the government, but suitable for warehousing or manufacturing, are also offered. these are generally sold by sealed bid and sometimes notices appear in local newspapers. For information about GSA sales write to: General Services Administration, 7th & D Streets SW, Washington, DC 20407.

State governments also sell land and property. Agencies are titled differently so contact a state office to learn which agency in your state handles land sales.

GOVERNMENT LOTTERY.

Willing to gamble a little for a chance to strike it rich? with the odds far greater in your favor than winning a state lottery or hitting the giant jackpot in a Las Vegas casino?

Monthly the Federal Government conducts a lottery for about 1,000 oil and natural gas leases. these are parcels of land ranging from a few acres to 2,500 acres. This land is termed "wildcat" because these areas lie outside the known geological formations that produce gas and oil fields. If an oil company wants to explore your lease it will pay you "up front" money and a royalty for any gas or oil found.

Entry fee is $10.00. While the procedures are quite simple, an explanation of how the lottery works and how to file requires more space than this report can provide. Write for "Simultaneous Oil and Gas Lease Filings" to Bureau of Land Management, Washington, DC 20240.

GOVERNMENT SURPLUS.

Items such as vehicles, office equipment, boats, among many thousands of goods the government buys, can be purchased at a small fraction of their value. As requirements change, large quantities of goods become obsolete to government specifications and are classed "surplus" and offered to the general public.

If you buy something at a real bargain price and resell it for a high profit, you have made big money on the deal! While many of these items can be bought and profitably resold to various markets, an imaginative idea or application could make you rich! A case in point is a fellow named Hugh Paulk who bought 50,000 surplus parachutes, a little at a time, and sold them by mail at $13.95 each. To airplane clubs, sky divers, or private pilots? No. He advertised in women's magazines and they were quickly grabbed up as fine nylon material for shirts, blouses and other clothing. To the tune of $800,000 sales for Mr. Paulk!

Government surplus material is sold on a bid basis and you can request a "Bidders Application" and information on surplus sales from: DoD Surplus Sales, P.O. Box 1370, Battle Creek, Mi 49016.

OWN A BUSINESS WITH NO CASH INVESTMENT.

This could be your first step to riches. Look for a business whose owner, for one or various reasons, desperately wants out but is unable to find a buyer. Perhaps due to disinterest or poor management it isn't making a profit. The owner might consider this proposal rather than chance the business failing completely. Have a lawyer draw up the transfer of ownership and the other conditions of the agreement. Most should be to your advantage.

You must, of course, consider only a business with the potential of earning good profits through your ability and efforts. A financing source should be ready to help if you need funds for expansion.

USE OTHER PEOPLE'S MONEY.

How often, after you learn of a success story, have you said "I wish I got into that." Why didn't you? If money was considered a problem, it shouldn't have been. Most wealthy people acquired riches by using other people's money to finance their money making opportunities. Surprisingly, money is not hard to get. for speculative endeavors, venture capital firms are receptive to a proposal with good profit potential, even with an element of risk.

BECOME A COLLECTOR.

Investors or collectors who deal or trade in items that will multiply in value make big money. some of the items that have jumped in value through the years are gems (which can be obtained from foreign producers), coins, stamps, old magazines and comic books, baseball trading cards, dolls and toys, rare books, paintings, sculptures, art objects, phonograph records, autographs, guns, etc. Always check current values; by only at lower price. And, don't throw out everything your wife considers trash. A piece of today's junk might be someone's treasure tomorrow.

You can get rich - if you really crave wealth. You must take a positive step to achieve that goal. The sooner you start, the earlier you can gain the financial rewards you seek.