MojoNV - Mojo for Your Life

Home

Design Your Own App – Biz

Not a programmer? No worries! Apps for mobile devices are taking over the World, now you can design your own app without any programming knowledge. Check out these sites:

Just have an idea for a new app? Check out App Incubator where you can submit your app idea and potentially get paid.

If you're open to learning programming check out:

Apple App Developer

Get Biz Money Fast

If you’re an online business owner who needs quick cash for business initiatives like: inventory, marketing, promotions, etc.

Check out: Kabbage.com

Looking for a microloan?

Check out: Association for EnterpriseOpporunity at aeoworks.org

Opportunity Finance Network

Tickle Your Brain for Free - Mojo

Your mind is like your body…it needs constant exercise or it will get weak. Strengthen your brain by going to class on-line for free. Many top universities offer free videos of class lectures on a variety of subjects. While you don’t get credit you do get the priceless knowledge and provide your brain with exercise. Here are some universities which offer free classes:

See all the free courses at VideoLectures.net or OnLine Education Database

Start a Biz with Crowd Funding - Biz

If you’re looking for money to start your business or project, check into crowd funding. Crowd funding allows you to raise money from small investors. The best part is the money is not paid back, it’s generally a one time contribution. Check out these sites for more information:

Also check out SmallBizTrends.com for more information about crowd funding. Or BizForSaleMarket.com for more traditional funding sources.

Make Money Crowdsourcing – Money

Do you know you can make money crowdsourcing? Crowdsourcing and crowd innovation leverage thousands of people to come up with innovative ideas and products. Several companies and organizations are now using this technique to test markets and find new ways to sell their products. There are several sites which allow people to make money from their ideas and help solve a multitude of problems. Check out these sites for more info:

Get Your Free Software – Money

Do you know you can download free software for a variety of applications including image editing, word processing, database, and a lot more? It's called open source software and many of these free applications are just as good as commercial software. Many of these free programs ask for donations to help support the development, I encourage you to donate if you like the software.

For a list of open source software and their commercial counterparts go to OSalt.com

Be Informed - Mojo

While the saying "ignorance is bliss" may be comforting to some. It's foolish and sometimes dangerous to be un-informed or worst mis-informed. People who get all their news from comedy shows and accept those opinions and jokes as fact, are ... well I guess...blissful? Even traditional media sources are biased (left and right) or only cover certain news while ignoring other important stories.

In Greek mythology, the Pierian Spring is believed to be a fountain of knowledge that inspires whoever drinks from it.

"A little learning is a dangerrous thing; Drink deep, or taste not the Pierian spring. There shallow draughts intoxicate the brain, And drinking largely sobers us again..." - Alexander Pope's poem, an Essay on Criticism.

If you want to be informed and knowledgeable about any subject, listen to both sides of any agreement, verify the facts (from original sources), and make your own decision.

Ignorance is just ignorance, we're better than that.

Make Your Own Luck - Mojo

Ever wonder why some people are always lucky? Researchers have found some key traits of lucky people:

Lucky people often follow their intuition, Trust Your Gut!
Lucky people break their routines and explore new things, Mix It Up!
Lucky people look on the brighter side of any misfortune, Make Lemonade!
Lucky people expect good fortune, Be Positive!
Lucky people are open to new ideas, Stop and Look Around!
Lucky people make things happen, Decide and Act!

Find out more about getting lucky at:

Be a Millionaire by 50 - Money

Albert Einstein said compound interest is "the greatest mathematical discovery of all time". You have probably heard if you double a penny for 30 days you’ll be a multi-millionaire, and it’s true, you’d have about $5.3 million dollars. This is a great demonstration of compounding.

So if you want to be a millionaire someday, use the power of compounding and saving, to grow your future. Here’s how to be a guaranteed millionaire by 50:

Start very young and save $5,000 a year.
Invest in interest bearing investments like CDs, money market or high dividend paying utilities.
Don’t ever withdrawal any of the money, this is key.
If you can save $5,000 a year, compounded at %5, you’ll be a millionaire in 50 years.

Check out this compounding calculator to see for yourself, Mint.org – Compounding Calculator Today interest rates are low so it will require more savings but eventually interest rates will rise and the compounding effect will be back.

Buy a Business for No Money Down? – Biz

We’ve all seen the ads for no money down real estate buying. But did you know it’s possible to buy a business for no or little money down? While these opportunities don’t happen too often, some distressed business owners may be willing to sell their business for no money down. Why?

Most times these businesses are in financial trouble and the owner just wants out. But buyers beware! Buying a troubled business will take a lot of time and work to turn it around, that is, if it CAN be turned around.

Financing for these troubled businesses can generally only come from you and the owner. Banks generally will not lend money on a troubled business. So most of the financing for the business must come from the current owner. If he/she wants out of the business bad enough, they will do 100% owner financing.

Here are some key items to look out for when buying a troubled business:

Why is the business failing: market condition versus owner neglect.
Is it in a good location.
Is the property rent too high.
Is there market demand for that type of business or too much competition.
Where can you save money to make the business profitable.
Do you have enough money to cover expenses until the business is profitable.
Are you willing to commit 100% of your time to turn the business around.

If you do consider buying a troubled business, make sure you know the risks and personal commitment required. For more information about buying a business visit:

Lower Your Real Estate Taxes - Money

If you own real estate and pay real estate taxes, be sure to file for a homestead exemption with your state. Many states reduce real estate taxes if you file and qualify for a homestead exemption. The savings can be a couple hundred dollars a year. In addition, filing a homestead can potentially protect your home from certain legal actions.

Check out these links for more information:

In addition, each homeowner should look into real estate tax exemptions, abatements or rebates offered by their individual state. For example, New York state offers tax reductions on the following:

Disabled Crime Victim and Good Samaritan Exemption
Cooperative or Condo Tax abatement to reduce the tax disparity between some properties.
Military Request for Relief
Senior owners of rent controlled property

Here are links to a couple state and city websites:

Check your individual state for tax rebate and abatement programs, search Google or Bing for "real estate tax rebate"

J9M92J6QHR6A

Design Your Own Website - Biz

Think you need a professional web designer to build a dynamic website? Think again! Use Joomla or Wordpress to build a flashy and app filled website in a matter of hours. Check out:

Joomla.org - A free dynamic portal engine and content management system.
Wordpress - A free dynamic blog and website system.

Inflation is Coming - Money

As the US prints more and more money through quantitative easy (buying Treasury bonds), the value of the dollar will continue to decline in the future. This, in turn, leads to inflation through lower buying power of the dollar. Here are ways to protect yourself from the coming inflation:

Buy big purchases now and avoid the price increase.
Do not hold cash, since the value of the dollar will be declining, invest it. Or buy a bearish dollar ETF like UDN.
Sell Treasury bonds or short Treasuries through ETFs like TBT or TLT.
Buy inflation protection through inflation linked treasury bonds like TIP.
Invest in commodities like corn, water, wheat, gold, silver, oil through ETF like MOO, DBA, LSV,GLD
Buy dividend paying stocks like VZ, PG, T, WTR. Or utilities XLU
Other investments may include farm land or rental properties.

Find out more ways from Jim Rodgers, one of the best investors of the last 20 years, Jim Rodger's Blog

Get a Solar Power Purchase Agreement - Green

If you want to get the benefits of solar but lack the substantial upfront payment, you may want to check into a solar power purchase agreement. By using a solar power purchase agreement, a solar company of your choice will purchase, install, and maintain solar panels on your property. The solar company will own the solar panels and is responsible for any maintenance or repairs, you pay a fixed rate for the solar electricity produced by the panels on a monthly basis. This generally gives you lower and more reliable electric costs. You will have the option to purchase the solar panels after the agreement is complete, usually 15 to 20 years. Learn more at EPA - Solar Power Purchase Agreements.