What Really Makes Money…First Impressions

In a previous post I mentioned that I had sent off for details of Business Opportunities (What Really Makes Money) from Nick Laight. The package arrived just before I left for my week’s break in Spain so I took the opportunity to review all the material whilst lying by the pool.

The package consisted of a manual that contains 8 business ideas that Nick suggests can be started with little capital but have the potential for good earnings. Also included was a CD with a further 11 business ideas. Finally there were copies of the last three newsletter editions, so all in all quite a comprehensive package.

There were several ideas that caught my eye and two specifically that I’d like to cover in this post.  The first was a report on the CD that provided some information about one of my favoured money making methods, namely sports arbitrage trading. I have written about this on several occasions and whilst I don’t trade heavily in this area I am always keen to learn new ways of exploiting this business. The report provided information about the Odds Exchange website which is a portal that provides a whole raft of information about sports betting. This is a very useful site as it provides access to many online betting sites and associated services. In relation to sports arbitrage trading there is one section of the site that is dedicated to identifying arbitrage opportunities.

At the time of writing the arbitrages identified related to soccer and tennis. Assuming you could place the requisite trades returns were between 1.5% and 3.2%. There weren’t a large number identified and one that I looked at in detail used an Hungarian bookmaker for part of one trade. As I couldn’t find an English translation for the site it’s clear that not all opportunities would be available (unless you can work out the Hungarian equivalents of course). Also, as with any arbitrage opportunity you need to be quick to place the trade as they don’t always last that long.

If you register at Odds Exchange you can request the arbitrage trades be emailed to you so this could be a very useful service. In the report on the CD they highlighted examples of trades where profits would be above 30%. Whilst a very tempting profit it is always worth double-checking everything when profits like this are presented, however a good spot by Nick Laight and the WRMM team.

The second scheme that caught my eye was in the May edition of the newsletter and was an investment recommendation for woodland. A few years ago I did some basic research in investments in timber, primarily in Panama but never followed it up fully. The report in the newsletter focused on investing in woodland in the UK. As Nick explained the green movement has made this a very tempting area to get involved with as the European Union provide a whole host of subsidies and grants to encourage woodland development. The newsletter report gave some clear guidance on how to proceed, useful websites that gave even more information and a theoretical example of what profits could be achieved.

All in all this was highly attractive and I am considering following this up further when I return from holiday with a few ideas that I think could make this even more profitable.

Whilst I’ve only identified two business ideas from the wealth of information I received I am sure that many of the others provided have real potential so if you were considering a subscription to What Really Makes Money from Nick Laight at Canonbury Publishing then all I can say is go ahead as I don’t think you will be disappointed.