Blaz Kos writes about data-driven personal development at AgileLeanLife.com. Blaz Kos helps people shape superior life strategies by: (1) employing the best business practices in personal life management, (2) teaching established psychological techniques to better manage mind and emotions, and (3) setting goals based on understanding market paradigms, the quantified self, and following cold hardcore metrics that prevent any fake feeling of progress. He is obsessively passionate about hi-tech, mass media, personal development and making the world a better place.
First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
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Borrowing could be a key element in this method. Say you borrow $200,000 and put in $50,000 of your own to buy a property for $250,000. Then you develop the property and sell it for $400,000. The property has increased in value by 60% but your $50,000 has now grown fourfold to $200,000. You have to select the right properties in the right areas and develop them wisely.
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