You buy low and sell high. But buying low requires money. So here’s how you do it:
Your labor power is yours. It has a cost to reproduce: sleep, food, shelter, clothing, medicine.
You can trade your labor power for more than it costs to reproduce. That could be a job, or it could be gig work. But the critical thing is the price, and that means you have to be very good at selling.
Somebody out there (Amy) has more money than they know what to do with. Somebody else (Beau) has something they need to sell. A third person (Charlie) wants to buy the thing Beau wants to sell but Charlie is not aware of Beau. You can go to Charlie and offer to sell them the thing for more than Beau is selling it for. If they agree, you go Beau and ask Beau to lend you the money and in exchange you’ll give Beau a portion of the profits. The critical thing is the price, because you still have to reproduce your labor to do this, and since price is critical, you have to be really good at sales.
You buy low and sell high. But buying low requires money. So here’s how you do it:
Your labor power is yours. It has a cost to reproduce: sleep, food, shelter, clothing, medicine.
You can trade your labor power for more than it costs to reproduce. That could be a job, or it could be gig work. But the critical thing is the price, and that means you have to be very good at selling.
Somebody out there (Amy) has more money than they know what to do with. Somebody else (Beau) has something they need to sell. A third person (Charlie) wants to buy the thing Beau wants to sell but Charlie is not aware of Beau. You can go to Charlie and offer to sell them the thing for more than Beau is selling it for. If they agree, you go Beau and ask Beau to lend you the money and in exchange you’ll give Beau a portion of the profits. The critical thing is the price, because you still have to reproduce your labor to do this, and since price is critical, you have to be really good at sales.
There might be other ways.