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Book Creating Consistent Cash Flow

Download or read book Creating Consistent Cash Flow written by Angela Showers and published by CreateSpace. This book was released on 2013-07-04 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a business owner I have witness several businesses open and close like revolving doors. After being in business for myself a few years, I realized how important it is to revamp your business. Revamping your business is as important as updating your computer software. If you get stuck doing the same routine you will continue to get the same results. In this Book I will give you 10 valuable tips that I have learned along the way. These tips have enhanced my skills, increased my business sales, and have given me massive exposure. If you are reading this Book, it means that you are ready and willing to explore a new journey in your business adventure. The only way to get the results you are looking to receive is to simply take these tips and put them into action!

Book Cash Flow For Dummies

Download or read book Cash Flow For Dummies written by Tage C. Tracy and published by John Wiley & Sons. This book was released on 2011-11-01 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fast and easy way to grasp cash flow management Cash Flow For Dummies offers small business owners, accountants, prospective entrepreneurs, and others responsible for cash management an informational manual to cash flow basics and proven success strategies. Cash Flow For Dummies is an essential guide to effective strategies that will make your business more appealing on the market. Loaded with valuable tips and techniques, it teaches individuals and companies the ins and outs of maximizing cash flow, the fundamentals of cash management, and how it affects the quality of a company's earnings. Cash flow is the movement of cash into or out of a business, project, or financial product. It is usually measured during a specified, finite period of time, and can be used to measure rates of return, actual liquidity, real profits, and to evaluate the quality of investments. Cash Flow For Dummies gives you an understanding of the basic principles of cash management and its core principles to facilitate small business success. Covers how to read cash flow statements Illustrates how cash balances are analyzed and monitored—including internal controls over cash receipts and disbursements, plus bank account reconciliation and activity analysis Tips on how to avoid the pitfalls of granting credit—evaluating customer credit, sources of credit information, and overall credit policy Advice on how to prevent fraud and waste Covers cash-generating tactics when doing business with dot-coms, other start-ups, and bankrupt customers Cash Flow For Dummies is an easy-to-understand guide that covers all of these essentials for success and more.

Book Consistent Cash Flow

    Book Details:
  • Author :
  • Publisher :
  • Release : 2014-02-08
  • ISBN : 9780988426146
  • Pages : pages

Download or read book Consistent Cash Flow written by and published by . This book was released on 2014-02-08 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In Consistent Cash Flow, Tom Palzewicz dives into the deep end of the finances at work in any business. His years of experience has led to a powerful system he utilizes with his clients to achieve true financial mastery for the business owner... and now he's ready to teach that mastery to you...

Book The Real Estate Fast Track

Download or read book The Real Estate Fast Track written by David Finkel and published by John Wiley & Sons. This book was released on 2006-03-31 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: What if you could consistently bring in $5,000 to $50,000 in real estate cash flow every month? Would you change the way you live your life? Every year, thousands of Americans do just that, using real estate to achieve the wealth and independence they've always dreamed of. In The Real Estate Fast Track, author David Finkel offers step-by-step guidance on building a real estate business that lets you earn more while you work less! You'll master all five of the core skills of the world's wealthiest investors and learn the advanced secrets that have helped Finkel's students and clients buy and sell over $1 billion of real estate, much of it without cash or credit. You'll build your real estate business until you can relax and watch the money flow in. Plus, there's more: Six forms of leverage you can tap into Five fun, easy systems to find deal after deal A simple, three-step system for safely evaluating any real estate deal Twenty-one advanced deal-structuring strategies to close even the toughest deal Fourteen advanced negotiating techniques to make up to an extra $25,000 per deal Ten contract pitfalls that trip up most investors Using true stories from real people to illustrate the basics of successful investing, this practical, step-by-step guide presents the kind of proven, reality-based advice you need to live the life of your dreams—with all the money and free time you want! "Naysayers look out! The Real Estate Fast Track discloses step-by-step strategies that practically guarantee immediate cash flow, no matter what the real estate market does. This stuff works." —Diane Kennedy, bestselling coauthor of The Insider's Guide to Making Money in Real Estate and author of Loopholes of the Rich "This book is just like David: clear, organized, and intelligent with an easygoing style. The valuable information within is actually a blueprint or how-to manual on producing your own passive cash flowing real estate investment business! WOW, what an achievement!" —Bill Tan, President of the San Diego Creative Investors Association and BTi Investments, Inc. David Finkel is one of the nation's leading real estate experts. He is the coauthor of several books, including the Wiley titles Buying Real Estate Without Cash or Credit and How to Retire Fast Investing in Commercial Real Estate, as well as the Wall Street Journal and BusinessWeek bestseller Making Big Money Investing in Foreclosures Without Cash or Credit. Over the past decade, Finkel's clients have bought and sold over $1 billion of real estate.

Book Profit First

Download or read book Profit First written by Mike Michalowicz and published by Penguin. This book was released on 2017-02-21 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

Book 101 Cash Flow Ideas

    Book Details:
  • Author : Brandon Murray
  • Publisher :
  • Release : 2019-11-15
  • ISBN : 9781708585990
  • Pages : 422 pages

Download or read book 101 Cash Flow Ideas written by Brandon Murray and published by . This book was released on 2019-11-15 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you want to make money every day without having to work for the boss? Do you want to enjoy the freedom that comes with being wealthy? Or maybe you looking for methods to protect and increase your capital? The question then is, how? And yes, the answer is passive income, what you have certainly heard about. The average person spends his or her life working for money. Some work at a job, others run their own businesses and others do both. The kind of income derivable from these sources is called active income. All these persons have to keep working to keep living. It's like driving a car. You have to keep your hands on the steering and your leg on the accelerator for the car to keep moving. You stop exerting yourself, and your cash flow runs dry. With an active income, the asset is the person. You are the goose that lays the egg, whether golden or otherwise. But where passive income is concerned, your initial investment-be it in the form of money or effort-is what keeps the cash flowing. This 3-in-1 bundle seeks to expose you to a variety of ways to generate passive income. From the very familiar ideas of real estate, stock and other conventional income streams to the many novel internet-based ideas, this book gives you an understanding of these ideas. The 1st book will reveal to you 55 strategies of how to generate passive income with minimum or even zero investment. The 2nd book will allow you to find out the best asset creation strategies to protect and increase your capital if you can afford to invest up to $ 3-5,000 and more. The 3rd book will tell you how you can create yourself additional sources of income without having a single dollar of start-up capital, get away completely from the boss and start to work on your own. In this 3-in-1guide you'll discover: 55 various strategies to generate passive income with no or minimum investment 21 advanced strategies to create assets and increase your capital if you can afford to invest up to $ 3-5,000 and more 25 proven and working strategies "how to get away from the boss" to everyone's taste, from freelance and creating additional income to launching your own small business step-by-step guide on how you can implement each of these 101 proven effective strategies immediately a bunch of methods to create your first assets with zero investment some recommendations on how to transform self-employment strategies into passive income sources consistently the secret of Warren Buffett's strategy, thanks to which he became one of the richest investors in the World how to turn public info into a source of income how to make up to $1K/month from your car passively with no investments how to get paid just for turning on your computer how to create passive income on the fundamental truth that the sun will always shine each strategy include such useful info as steps to success, do's and dont's, how to build passivity And much more useful up-to-date information and proven effective passive income strategies! Millions, if not billions, of people all over the world, proceed working on their jobs every day to earn a living. They envy the rich and think that there is no chance to change their lives. They think that investing in assets needs a lot of money and therefore they will never become rich. And they don't even know how wrong they are. But you no longer need to be one of them. This book will reveal to you that there are many methods to create your first asset even without any investment. Just click "Add to Cart" and make your first steps to your financial and personal freedom right now!

Book Let the Money Roll

    Book Details:
  • Author : Gordon Mills
  • Publisher :
  • Release : 2023-11-19
  • ISBN :
  • Pages : 0 pages

Download or read book Let the Money Roll written by Gordon Mills and published by . This book was released on 2023-11-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money serves as more than just a means of transaction. It represents independence, strength, and worth. It also represents our aim, our methods, our habits, our abilities, and our way of thinking. It is possible to study and develop the talent of understanding money and how to use it to build the life we desire. That's exactly what this book is meant to assist you with. You will learn how to control steady cash flow, attain abundance and financial freedom. It will demonstrate how to change the way you feel about money and use it to achieve your objectives. The underlying idea of this book is that money is an abundant and plentiful resource rather than a restricted or limited one. The globe has enough money for everyone to have more than they need. We are just as limited as our own attitudes, ideas, and feelings toward money. We may alter our reality and draw more opportunities and money into our lives by altering them. The idea that money is a means to an end rather than an end in and of itself is the basis of this work as well. Money is a tool that helps us reach our ultimate goals, not the end in and of itself. Money is a tool to help people be happy, not the cause of it. Money is a means to an end, not the ultimate goal in life. We can change the world and have a beneficial influence by managing our finances sensibly and morally. This book is a guide for anyone who wants to master the power and potential of money, and use it to create and live their ideal life. Money is not only a tool, but also a skill, a system, and a purpose, that can help you command consistent cash flow and achieve financial freedom and abundance. In this book, you will learn how to: Develop a positive and empowering mindset of money, that can help you attract and manifest more money and wealth in your life. Create a clear and realistic strategy of money, that can help you plan and execute your financial journey, and reach your financial goals and dreams. Cultivate and maintain healthy and productive habits of money, that can help you save more, spend less, earn more, invest wisely, and manage your money and finances effectively and efficiently. Acquire and improve the essential skills of money, that can help you communicate, market, and account for yourself and your products or services, and create more value in the marketplace. Leverage and automate the systems and tools of money, that can help you simplify and streamline your money and finances, and optimize and improve your income, savings, investments, and net worth. Identify and seize the opportunities of money, that can help you stay updated and informed about the latest trends and innovations in the money and finance industry, such as cryptocurrencies, fintech, and blockchain. Use your money and wealth to create a positive impact and make a difference in the world, by giving back to the causes and organizations that you care about and support, and by creating and leaving a lasting and meaningful legacy for your family, community, and society. Creating lasting generational wealth. creating and maintaing consistent money flow. This book is based on the author's personal and professional experience and expertise in the money and finance industry, and on the research and analysis of the best practices and techniques from the experts and influencers in the field. This book is written in a simple and engaging style, with practical and actionable tips and techniques, and with examples and stories that illustrate and inspire. This book is for anyone who wants to master the power and potential of money, and use it to create and live their ideal life. You can let the money roll.

Book Strategies for Increasing Your Cash Flow

Download or read book Strategies for Increasing Your Cash Flow written by Peter Noverra and published by . This book was released on 2023-05-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will teach you how to make a good living online. You will learn about different types of businesses, service-based organizations, partner marketing, selling on ebay, making money from enrollment sites, making money from selling products, making money the plr way, making money from selling educational sort items, making money from writing for a blog, making money from training others, and much more. Get your copy today!

Book Consistent Cash Flow

Download or read book Consistent Cash Flow written by Tom Palzewicz and published by . This book was released on 2014-02-20 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business is a game and like any game, you ve got to keep score to know whether you are winning or losing. Unfortunately, all too many people in business lose track of the scoreboard which leads to big problems in and around the business. In Consistent Cash Flow, Tom Palzewicz dives into the deep end of the finances at work in any business. His years of experience has led to a powerful system he utilizes with his clients to achieve true financial mastery for the business owner... and now he s ready to teach that mastery to you In Instant Financials, you ll learn: - The mindset of keeping score in your business - The 4 hats in your business that relate to money -Why the Rule of 3s in Financial reporting is so important - What your business is really worth Consistent Cash Flow leaves no stone unturned when it comes to the financials of a business. Tom goes deep to bring you every aspect of keeping score in your business that you could possibly think of and most importantly, he tells you why these areas are so important to your business and how you can utilize all of this reporting to build a business you can pass down to your children, or sell at a nice profit, some day."

Book Free Money for Life

Download or read book Free Money for Life written by J.R. Calcaterra and published by . This book was released on with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Free Money for Life is written to provide straightforward, easy to understand and easy to apply advice, tips and techniques that can be the backbone of any entrepreneurs success in making a free passive income. I tell you how I make free money and how you can do it as well. Making free passive income is not a secret and you can be doing it in a very short period of time provided you understand everything you read in this book and then apply it right away. Imagine being able to live anywhere, go anywhere or hang out anywhere in the world you wish to be. By learning what Free Money for Life is about you can do just that and so much more. Use Free Money for Life as an overview or a guide if you will, to what to study and learn first to become consistently profitable from your new money making venture. I give you concise information as to what to learn first and what to look for as far as further information is concerned. I tell you only the most critical things to learn first because those are absolutely the most important and the ones that will make you money right away if you do them. There are links to some references in the book which I have made clickable for your ease of use. All you need to do is click on the link and it should take you directly to the information in the reference, all clickable links were live as of the writing of this book. I encourage you to do more research on your own after having read this entire book once or twice. The information in Free Money for Life can give you a head start on your education and training learning curve and get you on the fast track to making real free money right away. It will be up to you to follow the advice in the book though. There are lots of decisions to make before you even learn anything or study anything. I recommend you take your time and learn to do your new business the right way from the first day.

Book Cashflow Dojo

    Book Details:
  • Author : Martin Saenz
  • Publisher :
  • Release : 2020-07
  • ISBN :
  • Pages : 190 pages

Download or read book Cashflow Dojo written by Martin Saenz and published by . This book was released on 2020-07 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cash Flow Dojo Book Summary Cash Flow Dojo is a comprehensive guide to financial freedom. For the first time ever, you can finally unleash your full financial potential by learning exactly how to build multiple income streams that you can use to grow your bottom line faster and more passively than ever before. In today's world, it isn't unlikely to rely on two streams of income in order to sustain your lifestyle. In fact, it's almost a given! Written by a dedicated and professional speaker, thought leader, real estate investment coach, and best-selling author with years of experience as a self-made entrepreneur and successful real estate investor, Martin Saenz is proud to unlock the secret strategies, tips, and tactics that you need to expand your cash flow quickly. Through this comprehensive guidebook, you'll learn how to craft a custom road mal for your future, how to build a brand that attracts great deals, how to cultivate and immerse yourself in a supportive community of investors, and how to leverage a Win/Win situation while building additional income streams. For Martin, nothing is more important than ensuring that he's able to convey his experience, his knowledge, and his strategies in a clear and succinct manner, so that people from all walks of life can benefit from what he has to share. This book assumes that there's simply no such thing as a one size fits all solution, because everyone's situation is different. With that in mind, Martin provides a thoughtful skills-building guidebook that allows you to develop the knowledge, skills, and experience required to generate cash flow through multiple income streams. From there, you can finally give yourself the chance that you deserve to live your life financially free and financially independent! About Martin Saenz Throughout an extensive and accomplished career, Martin has demonstrated a proven ability to grow asset value, income, and knowledge not just for his company, but for his investors, borrows, proteges, and readers as well. Along with his best-selling books, Martin also offers a number of online courses to educate those interested in learning more about investing, business building, and financial freedom. Constantly committed to providing the right knowledge and resources to readers to help them reach their success goals with passive income strategies, Martin remains cutting-edge in his research and tactics. Martin's track record speaks for itself, and he continues to write books under his new publisher, NIME Publishing House.

Book Constant Cashflow

Download or read book Constant Cashflow written by Lisa Newton and published by CreateSpace. This book was released on 2014-11-29 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: In working with hundreds of small businesses and individuals over the past decade both hands-on and remotely, the number one key issue that many face are cashflow challenges. This book is about why Cashflow is so important to your financial survival and happiness and how to generate Constant Cashflow. The problem with Cashflow is that often businesses and individuals are too reliant on just one income stream/source. Instead of just having 'one/two' jobs or key clients, and 'twenty' expenses, why not turn this around? What this book promotes is that everyday should be a payday - and it explains how and why. Join us on the 'Constant Cashflow' course - get 10% off - click here: https: //www.udemy.com/constant-cashflow/?couponCode=CCFAMZ10

Book Asset Rich Cashflow Mastery

Download or read book Asset Rich Cashflow Mastery written by Awah Aweh and published by Independently Published. This book was released on 2024-01-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Asset-Rich Cashflow Mastery: Unlocking the Power of Real Estate with No-Cash-Down Strategies for Subject-to Deals and Seller Financing" is a must-read guide for anyone interested in building wealth through real estate, even if they don't have a lot of upfront cash to invest. In this book, you'll discover innovative and practical strategies that enable you to enter the world of real estate investment without needing significant initial capital. Author Awah Aweh shares his wealth of knowledge, providing clear and actionable insights that empower readers to overcome financial hurdles and unlock the potential of real estate assets. What makes this book special is its focus on no-cash-down strategies, subject-to-deals, and seller financing-approaches that are often overlooked but incredibly powerful. By delving into these techniques, the book offers a fresh perspective on real estate investment, making it accessible to a wider audience and demystifying the common belief that substantial capital is a prerequisite for success in this field. By reading "Asset-Rich Cashflow Mastery," you'll gain valuable solutions to common financial barriers that often deter individuals from venturing into real estate. Whether you're a novice investor or an experienced one seeking alternative methods, this book equips you with the tools and confidence to pursue lucrative real estate opportunities, even with limited funds. The benefits of reading this book are numerous. You'll learn how to leverage creative financing to acquire properties, generate consistent cash flow, and build a robust investment portfolio. Additionally, the book provides insights on mitigating risks and maximizing returns, empowering you to make informed decisions and navigate the real estate market with resilience and foresight. In essence, "Asset-Rich Cashflow Mastery" offers a pathway to financial independence through real estate, presenting a range of proven strategies that are both accessible and impactful. Whether you aspire to diversify your investment portfolio, generate passive income, or secure your financial future, this book serves as an indispensable resource that opens doors to new possibilities in the realm of real estate investment

Book Cash Flow Statement Basics

    Book Details:
  • Author : Axel Tracy
  • Publisher : Createspace Independent Publishing Platform
  • Release : 2015-12-24
  • ISBN : 9781522917724
  • Pages : 82 pages

Download or read book Cash Flow Statement Basics written by Axel Tracy and published by Createspace Independent Publishing Platform. This book was released on 2015-12-24 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make Hay from the Most Underestimated Financial Statement Cash Flow Statement Basics: From Confusion to Comfort in Under 35 Pages Improve your investment and business financial outcomes * Learn about the cash flow statement and the operating, investing & financing cash flows * Assess how a business is raising and returning capital, what it's investing in and how well it succeeds at its core functions * Analyse any stock or business better than ever before Enjoy the confidence built by higher education and your new, advanced knowledge * Cash Flow Statement Basics is tutorial-like and is clear and simple * Keep it as a reference and treat it as knowledge for life * Written in a friendly, conversational tone you are treated like a smart, intelligent businessperson or investor, that just isn't an accountant Make better business and investment decisions that will lead to higher earnings * Cash Flow Statement Basics offers strong guidance on performing analysis * You will know what to look for when performing cash flow analysis * Use the lessons in the real-world as soon as you're finished Use your time efficiently and wisely, don't regret wasted time * Cash Flow Statement Basics is concise and to the point, it's a complete lesson in under 35 pages * Don't be swamped with excess detail: Learn quickly and apply just as fast * Use it for practical, real-world application, not only theoretical curiosity Advance your skill set and future proof your finances * Cash Flow Statement Basics is part of a 3-book series * So if you want, you can continue to learn more * You can begin an accounting skills journey Feel the comfort of ongoing reader support from an experienced teacher * The author has had years of experience teaching complex accounting concepts to students of various standards * Further, Cash Flow Statement Basics is part of a suite of business products * Thus you have more support if you need it along the way Check out the Table of Contents Read A Few Intro Pages AND Make the Exciting Decision to Pick Me Up

Book The Millionaire Maker s Guide to Creating Cash with Wealth Cycle Investing

Download or read book The Millionaire Maker s Guide to Creating Cash with Wealth Cycle Investing written by Loral Langemeier and published by McGraw Hill Professional. This book was released on 2013-10-11 with total page 797 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master the art of wealth building, and make money the way millionaires do! There are only two things millionaires have that you don’t: wealth and the knowledge to build wealth. But that’s all about to change. Thanks to “Millionaire Maker” Loral Langemeier, you can develop the same financial intelligence that millionaires use to create, grow, and sustain their fortunes. Regardless of your income—and in as little as one year—the exclusive wealth-building method in The Millionaire Maker can have you generating enough money to Quit your job and start doing the things you love Control and then eliminate your debt no matter how much you owe Live your life on your schedule—instead of your employer’s Loral Langemeier has already shown thousands of people how to tailor her proven wealth-building program to their individual needs, no matter what their financial condition—and she can do it for you too. As a hardworking single mom, Loral developed a process of transforming her income into assets, and assets into income that in turn created even more assets—something she calls the Wealth Cycle. Using her program, you’ll learn how to build your own continually growing cycle of wealth by Engaging in business ventures that generate passive income Substantially decreasing your tax burden Forming trusts, corporations, and partnerships to protect your assets and create a nonstop revenue stream You’ll also gain free access to many of the resources and investment advisors previously available only to those who sign up for Loral’s world-famous Live Out Loud (www.liveoutloud.com) seminars and workshops. To live the life you’ve always wanted, all you need is a sincere commitment to building wealth and a proven system to make it happen—which you’ll find only in The Millionaire Maker.

Book The Business Coach

Download or read book The Business Coach written by Bradley J. Sugars and published by McGraw Hill Professional. This book was released on 2006-01-09 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Put yourself in the hands of the Business Coach-and run your business like a champion! Follow along as the Coach demonstrates how to successfully navigate the challenges and recognize the opportunities business owners face every day. The Business Coach uses strategies developed by Sugars and the business coaches at Action International, who have helped nearly a million business owners worldwide realize their dreams.You'll learn: The story of business basics for beginning andexperienced business owners How to pinpoint problem areas, develop winning strategies,and measure your progress The secrets to true financial freedom by buildinga successful company that runs itself Get real results right now when you discover all that Instant Success has to offer! Instant Advertising * Instant Cashflow * Instant Leads * Instant Profit * Instant Promotions *Instant Referrals * Instant Repeat Business * Instant Sales * Instant Systems * Instant Team Building *The Business Coach * The Real Estate Coach * Successful Franchising * Billionaire in Training

Book Cash in on Cash Flow

Download or read book Cash in on Cash Flow written by Laurence J. Pino and published by Simon and Schuster. This book was released on 2005-07-13 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This nuts-and-bolts guide tells how even those with no capital investment can reap the profits of an entrepreneurial enterprise that has exploded into a $3.8 trillion industry.