Still looking for ways to earn extra cash? Explore these top-rated apps! Also don't miss MrBeast's secret to success!
Newsletter Sep 25, 2024 Welcome to your September 25 newsletter! In today's edition, we highlight some truly unique ways to earn extra income—one of which takes you straight to the dumps! Plus,
NewsletterSep 25, 2024
Welcome to your September 25 newsletter!
In today’s edition, we highlight some truly unique ways to earn extra income—one of which takes you straight to the dumps! Plus, uncover some of MrBeast's best-kept secrets to YouTube success, allegedly leaked from an upcoming book manuscript.
In the Fast Lane of Business...
> Canadian Olympian Meaggan Pettipiece's career was derailed after she accidentally failed to scan $67 worth of groceries at a Walmart self-checkout. Although the charges were eventually dropped, the incident led to her losing her job as a college softball coach and irreparably damaging her reputation. Pettipiece described the experience as a "living nightmare," stating that her life has been deeply affected despite her clean record. The situation also highlights broader frustrations with Walmart's self-checkout policies, which have sparked customer dissatisfaction.
> A leaked document titled "How to Succeed in MrBeast Production" offers insight into Jimmy Donaldson’s expectations for his employees and how to succeed in his company. He emphasizes the importance of being obsessive about YouTube content, learning from mistakes, taking ownership of tasks, and finding creative ways to save money. Donaldson encourages staff to avoid corporate bottlenecks and push through challenges, always looking for solutions rather than accepting failure. While some former employees confirmed these principles were common within the company, others noted that some ideas weren't always applied in practice.
> The U.S. Justice Department has sued Visa, accusing it of maintaining an illegal monopoly over debit payments by enforcing exclusionary agreements that stifle competition. The DOJ claims Visa’s actions have led to higher fees for consumers and merchants, resulting in billions of dollars in additional costs. Visa denies the allegations, asserting it operates in a competitive market with many rivals in the debit space. The lawsuit seeks to prevent Visa from continuing anti-competitive practices, further drawing attention to its dominance in the payments industry.
Unique Business Idea For You
Taj Singh, a 27-year-old father from London, transitioned from working 15-16 hours a day in civil engineering and construction to becoming his own boss through Airtasker, an online marketplace for services. After joining in 2018, Singh now earns between £1,000 to £1,500 weekly and has completed nearly 140 tasks, allowing him to spend more time with his family. His first major success on the platform was earning £7,000 in three weeks, which gave him the boost to fully commit to freelancing. Singh aims to continue growing his business, with plans to move his family to Australia next year, highlighting the flexibility and opportunities offered by Airtasker.
Side Hustle You’d Be Crazy Not to Try
Leonardo Urbano made $66,000 last year by collecting and reselling valuable items discarded in Sydney’s rubbish piles. Thanks to Australia's council rubbish pick-up programs, Urbano finds designer bags, electronics, and even gold jewelry, which he sells quickly on platforms like Facebook Marketplace. He sometimes fixes or cleans his finds, while others are ready for sale as-is, with unsold items often given away for free to promote recycling. Urbano’s resourceful side hustle demonstrates how discarded items can be turned into profit with a keen eye and a bit of effort.
Personal Finance News to Boost Your Bank Account
> NerdWallet offers 25 practical ways to make extra income, either from home, online, or offline, detailing the requirements and time commitments for each. Popular methods include freelance work through platforms like Upwork, testing websites, using AI tools, and affiliate marketing for bloggers. Additionally, options such as dog walking, selling items on Etsy, and renting out rooms or cars provide offline earning opportunities. Each option varies in how fast you can start and get paid, with some methods offering quicker payouts while others take longer to build success.
> Warren Buffett, the sixth wealthiest person in the world with a net worth of $143.7 billion, plans to donate his entire fortune to charity after his death. He has entrusted this responsibility to his three children, Howard, Peter, and Susan, who will have a decade to distribute the wealth through their respective foundations. Howard, set to become the non-executive chairman of Berkshire Hathaway, supports his father's decision but acknowledges the challenge of donating wisely. Buffett has also contributed over $40 billion to the Gates Foundation, though this will cease after his passing.
> Looking for more investment options? MercadoLibre, an Argentinian e-commerce and payments platform, has gained 34% in 2024, outperforming Amazon and the S&P 500. Dominating online sales in South America and offering the Mercado Pago digital payments platform, it is rated a "buy" by 90% of Wall Street analysts. CEO Marcos Galperin founded the company 25 years ago, emphasizing the lack of infrastructure and competition in Latin America as an opportunity. With expanding profit margins, AI potential, and a large, mobile-savvy population, MercadoLibre is poised for further growth, particularly as e-commerce penetration in the region remains low.
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