As a young boy, Warren Buffett read a book titled 1,000 Ways to Make $1,000. Warren quickly calculated that these ideas would bring him a million dollars. I loved the title of this book. So I went searching on the internet and I found an updated version of the book at http://tinyurl.com/knrsqt for $19. One of the free bonuses that comes with the new version is the original book that Warren Buffett read many years ago. Amazing!

Here are a few of the ideas presented in the new version of the book:

1.   Become a Used Car Broker: Couldn’t you help people sell their used cars and charge them 5% to 10% of the selling price? One of the best ways to sell a used car is by listing it in Craigslist. You could advertise their car for free and pocket 5% to 10% of the sales price. You could probably sell one car a week creating a few thousand dollars a month of extra income. This was idea # 9 in the book.

2.   Offer a Data Retrieval Service: Apparently you can download free software from the internet that allows you to retrieve lost or deleted items from your computer. Run an advertisement in the Yellow Pages and on Craigslist and help people retrieve lost data for a fee. I think you might be surprised at how much you could make with this new service. This was idea number #14.

3.   Become a Consultant to Local Contractors: You could teach electricians, plumbers, painters how to offer warranties to their customers. The contractor could offer this warranty to their customers as an “up-sell” and dramatically increase their income. A lot of people by warranties, but never use them. You can create the warranty contracts, certificates and sales literature for the contractor to use and charge them $1,000. This could then become a turn-key service you offer to contractors in different industries. This was idea #42.

4.   Start a Pressure Washing Business for Home Owners. You can buy a top of the line pressure washer for about $1,000. You can then charge $300 to pressure wash someone’s home and/or deck. Your initial investment would be recovered after the 4th job. Advertise this new business for free on Craigslist. Once the pressure washer is paid for, you don’t have any overhead! This was idea #118,

5.   Help Local Businesses Market to Local Residents Via Email: Offer a $1,000 shopping spree at your local grocery store. To register for the $1,000 spree, customers will have to give their email address and sign up for your local email newsletter. The email list could then become very profitable by allowing other businesses to advertise their specials and discounts. Depending on the size of your email list, you could make several thousand dollars a month. You would obviously have to select a winner and pay the $1,000 for the shopping spree. In essence, you’re buying a list of local residents email addresses for $1,000. This was idea #121.

6.   Create a Newsletter That Helps Small Businesses Motivate their Employees: It’s a constant challenge for small businesses to keep their employees motivated and excited. You can produce motivational monthly newsletter for them to use with their employees. This newsletter could obviously be sold to other small businesses giving you the opportunity to leverage one monthly newsletter into thousands of dollars of monthly income. You could then offer these same small businesses a special monthly newsletter for their customers, too! Before you know it, you’ll have a small publishing empire! This was idea #124 and #140.

I’ve only included a handful of ideas from the book for you. There are 1,000 ideas in the book. Some are off the wall, but many are very good. At a minimum, these ideas will help you see opportunities that you might not have considered. It did for me.

If you’re looking to generate some extra income these days, I would suggest grab the 1,000 Ways to Make $1,000 Dollars book. The website for this book is http://tinyurl.com/knrsqt