How should I finish making my first million dollars?

[Safeway]

[Inspired by TechBoyJK's thread but with 100% less lulz.]

Sell off domains?
High risk investments?
Develop and market businesses?
Slow and steady?
Grow the new consulting group?
Defraud the wealthy?
Open a cooperative workspace?
Invent, patent, and profit?
Beg and plead?

If my first million in the bank comes from working a nine to five law gig, I will be disappointed.

I'm thinking about selling off some domains to raise capital to grow the new consulting group based in a cooperative workspace. I can add quite a few modern genius free thinker friends as contributing consultants. Medical students, pharmacists, attorneys, physicists, writers, city planners, sculptors, architects, contractors, astronomers, ... might be fun.

 

[Perknose]

You sound like you fell off your bike again . . . and you weren't wearing a helmet.

 

[Safeway]

I played 4 games of Top Golf. Does that count?

http://www.topgolfusa.com

 

[JS80]

Do legal for startups for free/discount but take stock warrants. When my employer got sold I saw some sizable payments made to consultants who got warrants issued when cash was tight.

 

[Safeway]

I was hoping this would spur some discussion, but it failed to do so.

Good night Perknose.

 

[Safeway]

Originally posted by: JS80
Do legal for startups for free/discount but take stock warrants. When my employer got sold I saw some sizable payments made to consultants who got warrants issued when cash was tight.

Written down in my Rhodia.

 

[JS80]

Originally posted by: Safeway

Originally posted by: JS80
Do legal for startups for free/discount but take stock warrants. When my employer got sold I saw some sizable payments made to consultants who got warrants issued when cash was tight.

Written down in my Rhodia.

Consulting group won't make your first million. Below are my opinions from your list on what will get you million first, by rank:

1. High risk investments
2. Develop and market businesses
3. Slow and steady
4. Invent, patent, and profit

PS Moleskin > Rhodia

 

[Safeway]

I have Moleskins and Rhodias. I much prefer the Rhodia paper. The surface quality is amazing!

If Rhodia comes out with a Moleskin-type bound book, but with Rhodia paper and Rhodia orange covers ... there is a God.

 

[GodlessAstronomer]

Who ever made a million selling domains?

 

[foghorn67]

No. Skip, and go on to your second million.

 

[Kaido]

Originally posted by: GodlessAstronomer
Who ever made a million selling domains?

http://bits.blogs.nytimes.com/...-sold-for-345-million/

:shocked:

 

[foghorn67]

Originally posted by: Kaido

Originally posted by: GodlessAstronomer
Who ever made a million selling domains?

http://bits.blogs.nytimes.com/...-sold-for-345-million/

:shocked:

crap, it's the other doctor.

 

[alkemyst]

Originally posted by: Safeway
I played 4 games of Top Golf. Does that count?

http://www.topgolfusa.com

'games' as in the 19th hole lemon party?

 

[Kaido]

Originally posted by: foghorn67

Originally posted by: Kaido

Originally posted by: GodlessAstronomer
Who ever made a million selling domains?

http://bits.blogs.nytimes.com/...-sold-for-345-million/

:shocked:

crap, it's the other doctor.

Mine's a Ninja. Only Ninjas can see the difference though

 

[FoBoT]

get a lucrative government contract providing health care to "the pooor"

 

[Blackjack200]

Buy life insurance for $1,000,000 and inflate your head a little more to see if it explodes.

 

[Miramonti]

Scan the internet and hotdeal sites incessantly, purchasing all items possible that are mistakenly way underpriced. Sue when your transactions aren't honored, ebay when they are.

It's free money!

 

[PricklyPete]

Just buy TechBoyJK's company and run with it...it's that simple.

 

[bobross419]

Seriously.. no one has suggested hookers and blow yet?

 

[Miramonti]

Originally posted by: bobross419
Seriously.. no one has suggested hookers and blow yet?

Kids are in school.

 

[Platypus]

start chasing ambulances.

 

[Platypus]

Originally posted by: GodlessAstronomer
Who ever made a million selling domains?

My friend has made multiple millions on buying/selling domain typos

 

[threeringbinder]

o

invent - patent

 

[Safeway]

Originally posted by: Platypus

Originally posted by: GodlessAstronomer
Who ever made a million selling domains?

My friend has made multiple millions on buying/selling domain typos

Yessir, there are a ridiculous number of google.com variations.

 

[Safeway]

Originally posted by: jjsole
Scan the internet and hotdeal sites incessantly, purchasing all items possible that are mistakenly way underpriced. Sue when your transactions aren't honored, ebay when they are.

It's free money!

Problem is, I can't find enough volume if I only target mistakes. Same goes for flipping items on Craigslist and eBay. I've made good money buying Herman Miller chairs for $6.99 and reselling them, but there isn't the kind of volume I need. In order to get that volume, I'd need to set up shop somewhere and deal in bulk discounted purchases. A friend of mine bought 10,000 Nike duffle bags for 5 cents each, then sold them to stores like Ross and Marshalls for a decent profit. Deals like that come around occasionally, but they aren't consistent enough! He eventually got out of the business because getting those types of deals involved quite a bit of luck.