Make money by charging 85% interest rate

We all know professional athletes are not that smart.  When it comes to money they are definitely not smart.  According to this article 78% of all NFL players are bankrupt after 2 years of retirement.

Step by Step plan to make money off of not so financially smart atheletes

1) Find above mentioned athlete.
We have done the work for you and found one... Eddy Curry

2) Loan them $575,000 with an 85% interest rate

3) Collect interest

Check out our other ways to make money off of basketball.

Make Money by Being Mildly Good at Basketball

Yesterday we ran a post about how to make money by being mildly good at baseball in which we pointed out a few niche skills that can get you into the pros. Basketball works the same way. The starting salary in the NBA is $457,000 in 2010, so you can make more in basketball than baseball (min. salary is $400,000 in baseball). However, baseball has a high average salary.

In any case, basketball is a team sport with a 15 man roster, so there are a few spots on a team of 15 that are filled by role-players who have a single skill set. The most common niche-skill player in the NBA is the Three Point Guy. The 3 point guy is brought into the game for specifically designed plays that are meant to get the ball into his hands behind the three point line. His entire job is to make the shot. After the play is over he goes back to the bench. The 3 Point Guy is actually a very important player on good teams, and a good coach will have dozens of plays specifically designed around this player. It is an important role, but it is a role that nearly anyone can succeed in given enough practice. Most successful NBA players are extremely tall and muscular, and the average person would never make it in the NBA. However, the 3 Point Guy is different. He doesn't play most of the game, and only has one job. If you are a teenager of average size and you practice shooting baskets from 3 point range for several hours per day, you should get good enough to go to college for free, and to get a pro contract when you graduate. It is extremely difficult to make these shots with a 250 pound 7 ft tall athlete in your face, but if you practice constantly and have a good coach, you can do it.

Make money off the NCAA Basketball Tournament

You are probably aware that every March there is a major college basketball tournament of the top 64 college basketball teams in the U.S. I think this tournament is called "March Excitement" or something. I'm sure you know what I'm talking about.

But did you know that there are ways to make money off this tournament?

There are at least two.

1. Make money at the basketball tournament by selling tickets
You may have some Super Bowl tickets left over that no one bought. If so, just cross out where it says "Super Bowl" and then write "Basketball Tournament" on the ticket. You can sell these at the entrance of the basketball arena for a dollar or two. If you don't have any of these tickets, you can buy one from Howtomakeadollar for a dollar. Or you can just donate a dollar to us because you are nice.

If you want to see the original Super Bowl blog with other similar ideas for making money at sporting events, click here.

2. Make money at the basketball tournament by becoming a human advertisement.
   1. Get a tattoo of a major company tattooed on your butt. If you have a large butt, you can get more than one company name tattooed there. This will increase profits.
   2. Go to a basketball game
   3. Wait until no one is looking
   4. If you are wearing any clothes, take them off
   5. Run as fast as you can across the basketball court
   6. Steal the ball from whoever has it. This may be difficult because college basketball players are pretty athletic, but the fact that you are naked may work in your favor here.
   7. Dunk the ball. I see people do this all the time when I watch basketball, so it can't be very hard.
   8. Hang on the rim until officials remove you
   9. Someone at the company will give you a lot of money for advertising.*
If you tattoo "Howtomakeadollar" on your butt and successfully do this stunt, Howtomakeadollar will pay you a dollar, and will award you an honorary title such as "Count" or "Duke" or whatever title you want.

*A good friend of mine has assured me that 83% of all companies in the world will pay you money to do this stunt. He is working on his MBA right now, so I think he knows what he's talking about.






There is still an opportunity to submit a guest blog for Howtomakeadollar's 2010 Best Guest Bloggers Blogfest Blog-off competition. Winner gets cash. Losers get a fungal infection. See rules here. 

One dollar bill basketball

We posted a blog about how to sell a one dollar bill for $2.

One of the dollar bill origami shapes we made was a basketball.  Here at howtomakeadollar we like to share our vast knowledge.  Here is an instructional video on how to create the one dollar origami basketball.



Its so easy even a 2 year old can do it.  Seriously here is a video of a 2 year old making a one dollar origami basketball.



We promote getting kids involved at an early age making money.  So please help the 2 year old who make 3,452 of these basketballs and purchase one here!

How to sell $1 for $2

Howtomakeadollar has posted several times about how to make your own money, how to turn play money into real money, and how to sell a signed copy of the original dollar bill.  This post will describe how to sell $1 bill for $2!

If you would like to sell a one dollar bill for two dollars... there has to be something special about your one dollar bill.  It could either be signed by a famous person, be really old, or be really really new (some people are willing to pay money to trade their old crinkled dollars in for new crisp clean ones... if you are one of these people please email us... we have lots of new dollar bills and shiny pennies and nickels).  Don't worry, if you do not have a special one dollar bill you can make it special!

Everyone loves money origami!  It's true... if you google "how to make a dollar" a bunch of youtube videos and websites dedicated to making origami out of money come up.

Step by step business plan on how to sell a one dollar bill for $2:
1) obtain a real $1 bill*
2) learn origami
3) fold $1 bill into cool origami shape
4) sell cool $1 origami for $2

*Important: make sure it is a one dollar bill.  It would be very sad to accidentally make origami out of a $100 bill and sell it for $2

If you would like to buy your very own $1 bill for $2... today is your lucky day.  We are offering an UNLIMITED number of $1 bill origami.  The shapes you can choose from are bow tie, square, ring, triangle or airplane or basketball.  All of these are pictured below and can be purchased through paypal!

Bow Tie $1 bill origami

Square $1 bill origami

Ring $1 bill origami

Triangle $1 bill origami

 

Airplane $1 bill origami







 

Basketball $1 bill origami