Bootcamp and Making Money in a Recession
Andrew Reynolds first explained what happens when people listen to gloomy predictions
. He got an email only the other day, from a guy convinced it would be a struggle to sell DVDs during the credit crunch.
Well, as Andrew Reynolds pointed out the Telegraph ran a headline that DVD sales are bucking the economic gloom.
At Andrew Reynolds Bootcamp he showed us how to make money using his Cash on Demand system. He runs his own Cash on Demand business and it has made him over 50million pounds in the last twelve years. One of the products he sells through his Cash on Demand business is DVDs.
The CEO of the grocery giant, Iceland, was quoted as saying, "Recession, what recession? We are not taking part." As Andrew Reynolds told us Iceland's profits rocketed 84% to 113million.
Dominoes Pizzas profits are up by 25%. Video game sales are up. Despite being told on the TV that the mobile telephone market has taken a big plunge, iphone can't make enough of them. People queued outside shops when the iphone was launched. The same happened with the launching of the upgrades.
Andrew Reynolds showed us more of the Cash on Demand business. The products are all ones which thrive during a recession. Because during the credit crunch, people stay indoors more, so they buy more home entertainment products. This of course includes CDs, DVDs and published products.
During the weekend of Andrew Reynolds Bootcamp we were shown how these three product areas can all be produced for as little as a pound an item and sell in multiples for as much as 995. This is possible because the information on those CDs, DVDs and inside the published products is information you can't buy anywhere in the shops. It is invaluable information to a specific niche market place of hungry buyers.
Andrew Reynolds made 550,000 in seven days, selling one of these products through his Cash on Demand business. He made that money despite the credit crunch. At Andrew Reynolds Bootcamp you learn how to make money with your own Cash on Demand business no matter whether or not there is a recession.
Some of his students have also proved they can make big money despite the media's hype of the credit crunch.
Bootcamp and Making Money in a Recession
By: Trina Simpson
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