An investment marketer creates a poster portrait of America’s 16th president. Since debuting his design, it’s sold more than 4,000 units and made $40,000.

Link to the Podcast:
What It’s About
An investment broker turns pennies into more than $40,000.

Words of Wisdom
Lately, I’ve been getting a lot of questions regarding whether or not you should take the extra step in the beginning and copyright your material. The answer depends on a lot of different things, so it’s not really the same across the board. Normally, I would say that wondering about your copyright when you’re trying to decide on early ideas isn’t the right approach, but for something that is truly unique, owning the copyright can be incredibly helpful.

Maury McCoy created the design for Penny Portraits after reading a story about how a father and son in Florida created a portrait of Abe Lincoln that spanned an entire wall. It was a really interesting idea, but he thought he could improve on the execution. After spending around 15 minutes creating a design in Photoshop, he had his first draft and started looking into the best way to produce and sell these quirky kits. Since he had created the design, he decided to copyright it as well.
When I asked about it, he mentioned that one of the advantages of his product is that it is something he created himself, and since he owns the copyright, he can decide how it’s distributed and not really need to worry about competitors undercutting his prices.

Fun Fact
If you’re listening from outside the U.S., you may be asking yourself “why does the US still have pennies?” Many of us here ask the same thing. There has never been a coin in circulation in the U.S. worth as little as the penny is worth today. It’s economically inefficient to produce them, yet for some reason they still exist.
In 2007, the price of the raw materials from which it was made exceeded the face value, so there was a risk that coins would be illegally melted down for raw materials. And as of 2015, it costs about 1.4 cents to mint a penny.
Pennies often end up sitting in jars or are discarded by consumers efficiently pulling them out of circulation and the Mint must produce more of them than all other coins combined. All of this supports the idea that we really should catch up with the rest of the world and leave the pennies to legacy projects like Penny Portraits.

This is an attempt to bring Chris’s ideas from the podcast to youtubeFull Credit to CHRIS GUILLEBEAU’s

Earn A Great Income While Working From Home With Affiliate Marketing

Start Your Home Based Business With Affiliate Marketing. In today’s sluggish economy, Affiliate Marketing provides a great opportunity to make a great income while working from the comfort of your own home.

The Major Benefits of Being an Affiliate Marketer

Affiliate marketing (AM) has become one of the most effective ways to advertise online. It is also one of the easiest ways for anyone with a website to make a profit online. AM is an agreement between a merchant and a website owner.

The Digital Gold Rush: How You Can Prosper In The New Economy

If you have not yet realised – the Digital Gold Rush has arrived and to be successful in this new economy you have to be equipped with the right skills that are necessary to proper. What are these skills and how do you acquire them? Well there is a solution.

38 Benefits of Joint Ventures

Joint ventures are business agreements in which entities come together for a given period of time to achieve a business goal within a short or long period of time. They are best in growing online businesses.

How to Properly Execute Affiliate Marketing

If you want to do well in affiliate marketing, you have to know how to start the partnership. Read further so you will be able to be guided on some strategies and be able to be warned about the downside of affiliate marketing.

You May Also Like