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Here's How You Should Make Money

No one is going to tell you an easy way to make money

In the beginning days of my gambling thing, it was very easy to make money. The system was basically foolproof and anyone with a credit card could make a good yearly income. I wasn't making money through any sort of skill, I was essentially exploiting a loophole. But here's the thing about loopholes: no one is going to tell you how to do them, especially not someone you don't really know personally. Because if too many people find out about a loophole, it closes. So if you want to make "easy money", you're probably going to have to stumble upon it yourself. If someone IS trying to share a loophole with you (especially aggressively, by email) it's probably a scam like a HYIP or a Forex trading scheme.

Most of the people who were gambling like I was now play poker. You can play poker online or in casinos and make six figures a year. But it's not a loophole, so it's okay to tell everyone. The barrier to entry is a few years of exhaustive practice, thousands of dollars to lose while learning, and the ability to sustain that lifestyle while you struggle to break even.

Knowledge Building the SAAS way

On DROdio

I've always been a fan of productivity & efficiency hacks to allow me to do more with the limited time in each day.  But lately, I've been working really hard to institutionalize these things within our company, PointAbout.

Everyone reacts a little differently.  Some people take to keyboard shortcuts easily, while for others using the mouse is a very hard habit to break.  I would liken keyboard shortcuts to blogging:  With both, there's a "valley of death" you have to get through before you emerge in the sunny field on the other side, and most people don't make it.  Both blogging and keyboard shortcuts require several weeks or months of concerted effort to prove successful, but once you emerge on the other side of that time commitment, you look back with the realization you should've done it years ago, it's so valuable.  Initiatives like the F1 GeekSpeed Challenge help make it a bit more fun.

One thing that's been easier to institutionalize has been the use of Basecamp , a cloud-based Software As A Service (SAAS) lightweight project management tool, instead of email.  I've gotten quite militant with everyone around me that if a conversation turns into a thread on email, or if you know it's going to be one, it should be moved to Basecamp.  There are several huge benefits to this approach -- again, not all of them immediately obvious.  The first is that it allows you to assign owners and dates to tasks, something email is notoriously poor at.  The second is that you have a threaded conversation, all kept in one place, and various people can be added & dropped to comments along the way as necessary (no more 'reply to all' hell).  These benefits are nice when they're happening, but invaluable as time goes on and the knowledgebase builds.

Today I came across a great example of exactly this.  Hayat, our admin, had asked me how to do some transcription work.  About 4 months ago, I had previously trained another admin on this.  Since I put the original training instructions on Basecamp, I was able to very quickly & easily call up the thread and just have Hayat read it + watch a video I had posted in the thread.  That was it -- I didn't have to do anything more than point her in the right direction, the rest of what she needed was perfectly memorialized on Basecamp from the first time I went through it.

It felt so great and refreshing to have successfully stored the knowledge in a place where it could be readily reused that I did a video to show off the details. Here it is -- enjoy!

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