Shipping Funds to Finance Wireless Networking Project

Joe Maganinski is a man of vision. Since he was a young boy, he was always building communication devices. When he was six, he built a phone out of aluminum soup cans so he and his little brother, Max, could talk across the hall to each other. When Joe was fourteen-years-old he took apart an old radio and an old cordless telephone and built a makeshift intercom. As a senior in high school, Joe received the Presidential Award for Excellence in Communications Technology. After college, Joe managed to get a job with a major wireless communications corporation as a cell phone designer, where he worked for several years before being laid off due to company cutbacks at the age of thirty-seven.

Now a forty-two year old entrepreneur, Joe still spends most of his time tinkering away with pieces and parts of all different types of communication devices, new and old. He says that technology is what keeps him young.

One day, while he was working in the basement of his California home, he had an idea. What if he could build an Internet library? It would be just like a public library with books; however, instead of a couple of computers in the corner, the whole place would be filled with computers. This would be the perfect way to provide the advantage of the Internet to individuals who may not otherwise be able to obtain access to such technology.

Just imagine the possibilities. A single mom can learn what she needs to get a college degree, just by visiting the Internet library a couple of times a week. All the advantages of having Internet access without having to come up with hundreds of dollars each month for service. It would be perfect for someone who only needs to access the Internet on occasion.

How would it work? It would all have to be wireless, there is no other way. In addition, if it were wireless, individuals with wireless laptops of their own could access the library network as well. It would be like one huge wireless cafe with the quiet scholarly atmosphere of a downtown library.

Joe knew his idea was perfect; he just had one small problem. How was he going to pay for this amazing new wireless project? He did computer repairs out of his home and designed an occasional webpage from time to time. He just did not have the millions of dollars that it was going to cost to pay for his dream. So he got to thinking, there must be something, someway, somehow. Then it came to him, he could sell his services on the Internet.

Joe set up an account with a popular online auction site that lets you list services as well as goods. Joe listed his exceptional computer advice and technological know-how for a set fee. He would then figure what it would cost to travel to the person receiving his advice or sending components to him for analysis and repair, this is listed in his ad as shipping funds.

The next thing Joe did was contact a fund broker (Fondsvermittler) to help him invest funds (Sachsenfonds). Every bit of money Joe made from the shipping funds was invested into area the fund broker advised would be most profitable. Within five years, Joe Maganinski broke ground on his innovative wireless networking project.