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Backyard Entrepreneur:  Make Money at Home as a Broker, Barter and Trade

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Backyard EntrepreneurTM

Enterprising Broker

Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker. -- Ron Chernow

 handshake

Make money as an entrepreneur working at home as a broker.  Aoso, set up the means for people to barter and trade. 

Become a Broker

A broker's job is to bring buyer and seller together.  The broker may be hired by a business needing to buy an item that is really difficult to find.  In other cases, the seller may engage the broker, as in the case of an artist who prefers to spend his valuable time creating art, rather than being bogged down with marketing.  A broker typically focuses on a particular product or a market.  Over time, the broker develops relationships with buyers and sellers in this market.  Think of buyers and sellers as being separated by a fence, a lack of knowledge about the whereabouts of each other.  Then visualize the broker as someone sitting on the fence.  The broker can see the parties on both sides, and can put them in touch with each other.

It is a good idea to have work experience on both sides of the aisle.  This is the way that you can really understand the needs of both sides and provide better service as you provide what both need.

There are many kinds of brokers: real estate brokers; mortgage brokers; stock brokers; oil & gas seismic log brokers; art brokers; freight brokers; business brokers; consignment goods brokers.  An auctioneer is a broker.  Ebay is a broker.  Employment agencies are brokers. 

A broker typically earns a commission, or provides brokerage services under some sort of fee arrangement.  The broker may get paid by the buyer or the seller, or both.  

Barter and Trade

Begin a newsletter or website for those who wish to swap items rather than purchase with hard cold cash.  It is a fun way to get rid of unused items and gain fun or useful products.  Charge both sides a fee

Link to us.  Contact us if you want to be listed on this page as a broker resource.

Here are some resources to help you get started.

Links

Books

Magazines

Where to Broker

MallofDeals.com - Online Shopping Mall
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