Automatic Money Earning Network


(Bill Ames) #103

Think of it like this. If someone took your idea as presented, invested in the necessary materials, began operation and within months found it was not a viable business because of all the things you did not mention (from the business plan) and the person lost all they had invested. Would you feel any responsibility for this persons failure?


(Barry McCormack) #104

If you really want to know, maybe you should start a new thread?


(Bill Ames) #105

Here is something you need to consider.

https://www.qualityinfo.org/-/technology-reduces-employment-in-the-printing-industry


(Barry McCormack) #106

If I thought I had purposely mislead them and their failure was due to that then I would. Every time someone starts a new business, especially as I have made it clear, an unproven one, takes a risk.
All I’m doing is sharing an idea Bill. I haven’t asked anyone to invest in anything.


(Bill Ames) #107

Your idea as seen by others:


(Bill Ames) #108

But you are, you are asking them to invest in your idea.


(Bill Ames) #109

More for your consideration:


(Barry McCormack) #110

So we can agree at least that technology is taking people’s jobs. My point is that it’s not only firms that can own technology. Every person who has lost their job for this reason has the opportunity to evaluate my idea and if they think it’s viable, can take the chance it will work for them. I’m not offering any guarantees, I’m just sharing an idea. That’s why I put it on ideapod. It’s an idea.


(Barry McCormack) #111

I beg to differ:-

Shrewbag
May 25
That’s alright Justin. I’m not asking for anyone to invest in my business.


(Bill Ames) #112

I think I have offered useful feedback to anyone reading your posts and considering your idea. What I would like to see is a post by someone who has successfully implemented your idea. Here in the US we have places where you can bring in an image file and have it printed in color or B&W. See:
https://www.staples.com/services/printing/


(Barry McCormack) #113

This looks like a really useful site with helpful tips for anyone who might be considering trying my idea out.
On my website, I suggest posting buttons linked to an order page. I suggest busy sites relevant to what you’re printing. eg wedding sites if you are printing cards for instance.
I understand that paper products are being used less because of phones and tablets but things like beer mats should be around for a long time to come.


(Barry McCormack) #114

I appreciate that. The main thing that makes my idea different is making the printer automatic. That way you don’t have to stand in front of it waiting for it to jam, run out of ink or stock. The idea is to make it run for 24 hours then the only thing you have to do each day is restock it and deliver what it has produced to a post box. I estimate this will take me less that one hour per day while my printer can be busy all day and night.
I realise it might take months or years to spread enough advertising buttons to make it that busy but once I have one set up, it’s there for life.
The more buttons I spread, the more I make. If I stop spreading buttons my income will continue.
Not having to pay an operator drastically reduces the cost of the product.


(Bill Ames) #115

What do you think people who see your idea will do? You have a reason for posting your idea, what is that purpose? For me it was an interesting exercise in evaluating a business opportunity and providing feedback in the open forum for anyone interested. I am willing to answer questions any may have about your idea, but most of my answers will stress that due diligence is absolutely essential for the success of any business. Many failed business was the cause of not listening to the answers when they did not agree with unrealistic expectations. When you ask people to write a business plan, there are lots of info on the web on how to do that, they will not go that path. It is too hard (it is very hard) and most well done plans will show that the business will fail. See:


(Barry McCormack) #116

True and there are many reasons a business might fail. All I’m pointing out is that we already have the technology available to make a machine automatic and it’s getting cheaper all the time. Not having to pay an operator gives an advantage in pricing.
It’s a relatively tiny initial investment compared to say buying a shop and it can take very little personal time once it’s running efficiently.
I see it as an extra income and if eventually it earns as much as your present income, you have the option of retirement knowing that whenever you spread more buttons it’s like giving yourself a pay rise.
Selling is a numbers game. A percentage of people who see your buttons will click. 1,000 buttons will earn approximately 10 times more than 100 buttons.
Of course, you’re also not limited to one machine.


(Bill Ames) #117

You have an opportunity to make good money for yourself. Some people sell a franchise but you may have a more basic product. If you do the hard work (it is hard work) and create custom business plans you can sell this information as a package. People should be willing to purchase the information they need to start business. You are in a position to collect this information. The internet (and others like me who will answer your questions) are your resources. At least you should consider this, IMO.


(Barry McCormack) #118

I don’t have the skills but you do. If you look into it and find I’m correct that this is a possible low investment, relatively high potential business opportunity, that would be my wish.
I’m not sharing this idea for personal benefit or glory. I’m sharing it freely because of the possible good it could do.
I understand your caution. You’ve always struck me as a responsible character. I also recognise your visionary skills. If you did this you could go down in history as a person who changed the world (if you’re not already).
I’m not saying that flippantly. I honestly see this as an idea that’s potentially life and world changing but although I’ve got a very basic concept, I’m not sure I’m convincing many people.
A well crafted business plan is definitely what’s needed. That and a video of an automatic printer would be hard to argue with.
You wouldn’t be taking anything from me. Cooperation is all I’m looking for. If you got rich in the process, I couldn’t think of anything better.
As I said in an earlier post, It’s the future. It should be the present. Consider it my present to you :grinning:


Unique money making idea with a good foundation!
(ACD) #119

Finally! Stop there or draft a plan.


(Barry McCormack) #120

I think the problem is @justinbrown that I’m not doing a good job of explaining the difference. I understand that there are other sites providing similar services and the choice of products is an important factor. Popular items sell more than less popular items naturally. Another factor is price which many consider important.
Even if using an automatic machine cost as much as employing someone to operate said machine, it’s likely that the machine would only be producing 40 hours per week. Making it automatic means it can operate 24/7 drastically increasing the potential output.
Let me suggest another example. Imagine if you bought a photocopier and offered its services. If you didn’t employ someone to operate it, you would have to do it yourself. Operating a photocopier includes pressing buttons, loading paper, stacking output and occasionally changing toner cartridges as well as clearing jams and checking quality of prints.
These operations can quite easily be done with cheap present day technology. It’s not unreasonable to expect 24 hours work per day with only about one hour of interaction by the owner. 24 hours work per day is equivalent to three basic wages and that’s with just one set up. Cameras can be set up to compare print quality and check for errors or jams. I’m not suggesting a walking talking robot, just some simple imagination. If the photocopier jams, a second photocopier could take over and an email could be sent to the owner to come fix it etc…
Unlike buying say a Deli, a business like this could be set up for probably a couple of thousand dollars. A Delicatessen would likely cost half a million and take many hours to run.
I hope this explains my idea better. My Mum left me a small inheritance which I’m hoping to receive soon so I’ll be able to provide physical proof. Before she died, I promised her I’d end poverty forever. A huge ask I know but I hope you’ll forgive my enthusiasm and persistence. I believe I can produce products at least 80% cheaper by not paying a machine operator and so could most people. The products I produce can be changed at any time until I find what sells well.


The role of ideas in the political and cultural realm
(Justin Brown) #121

NOTE: The reply directly above this by @Shrewbag is in response to what’s written below. I moved these replies from the discussion here to keep both discussions on topic. This reply below should be above @shrewbag’s above.

I still think you need to demonstrate demand for a specific product (e.g. stickers), as suggested here. From what you suggest in this post, I still don’t understand the difference between your Automatic Money Earning Network and many other websites.

I do admire your persistence and tenacity in the conversation that ensued in that discussion topic. It’s great that you’re so passionate and continue to communicate what you think is important.


The role of ideas in the political and cultural realm
(Barry McCormack) #122

I feel I should point out another huge advantage of this business model. Unlike the above Delicatessen example, after acquiring an automatic machine it will sit waiting for work costing virtually nothing. A shop needs to be regularly open and rates, employee insurance, extra staff to cover holidays and sick days need allowance etc. or the business loses money.
Starting most businesses involves a real commitment to be really successful. An automatic machine is a relatively small investment and could likely be resold down the track if the business isn’t profitable enough recouping at least some of the original investment.
Another aspect I should include to be more thorough is that an automatic machine needs to be safely housed with regards to things like fire and of course checks should be done to make sure it meets local council regulations etc…