Tuesday, June 20, 2006

How can I make money in the alternate energy business?

There are several ways that you can make a great deal of money in the alternate energy business, but first we should review the many facets of the business.
There is solar power, which includes heating and also making electricity with solar electric modules. Wind power, Water (Hydro) Power, Alternate Fuels, Electric Vehicles and Mass Transportation. Each one of these fields breaks down into literally hundreds of sub categories. We are currently building (I like to invent things) a very lightweight portable electric mall cruiser at our facilities in India.

The best way to find all the alternate energy products is to do a search on www.google.com.
So what does all this mean to you? First of all, cleaner air! Basically, most of these fields have been virtually ignored in the USA for 35 years because our government (congress) did not do their job properly due to the influence of “big energy and big automotive.) Now we are all paying the price. Almost every other country in the world is light years ahead of us when it comes to the number of free energy systems in use. China for examples has over thirty million solar hot water heaters in use. It means that due to recent events we have all just received a giant kick in the belly when it comes to our energy bills. Very soon now the costs will rise even higher. The American public, which is crisis oriented, will do their usual panic routine and rush out to buy energy saving products, as witnessed by the fact that many of them are already dumping their gas hogs and going back to more economical vehicles. Remember the Y2K generator panic? Many generator suppliers got rich on that one. We were right on the leading edge.
Now you don’t have to be the wizard of Wall Street to figure out that if you are one of the proud owners of a business that is offering a viable energy saving product that is selling for a reasonable price and a quick delivery – you are going to make a lot of money. Six dollars a gallon fuel costs are not that far off -- trust me!
There are several avenues that you can explore in process of getting a good quality product. You can buy it (the easiest) invent it, build it, sell your idea to someone else (be very careful) for a royalty. Energy products can be sold outright to consumers and businesses or leased in the case of larger and more expensive systems.
We will go on in future blogs to discuss the various products in the energy field on a more detailed basis. Here is a quickie product idea for you. We are currently designing a product for a client in Thailand that is a quick and reasonable solution to burning palm oil in their diesel vehicles. Think about it! As the man says, “I got a million of um, just as good!) It is interesting to note that the king of Thailand is one of the largest boosters of alternate energy of any world leader. (Look up SVO on
www.google.com ) Next time we will go into more about ideas that work if you have the time, and most of all, the spine to focus on one of them and make it work.
By the way, I am not ashamed to tell you that I have failed many times in my life. It was my own fault for trying all those crazy ideas. But I found out that if you “never give up and you never stop trying” you would succeed!
Please feel free to send questions or comments.

Copyright 2006 Walter H. Barrett

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