The Right Team to Take you from Zero to $5,000,000 in Four Years
by Kfrost
Filed under Cool Products, Latest Posts, Make Money Online
If there’s one adage every successful entrepreneur will agree upon, it’s “hire the best people you can afford.” No entrepreneur is an island – or a business– unto themselves. Even the most successful entrepreneurs are generally really good at only one or two things. Their secret to successfully making money online with business after business is bringing on board others who are really good at everything else.
“Hire people who are better than you are, then leave them to get on with it… Look for people who will aim for the remarkable, who will not settle for the routine.”
— David Ogilvy
So who are the most important people to bring on board your team? What is the one weakness or gap in your knowledge that, if filled, would immediately result in a doubling or tripling of your income online.
For many first time internet entrepreneurs, the answer is bringing on board someone who’s “been there, done that.” When I started my first online business, it took months before I felt like I was finally getting down to business.
It's easy to get lost in the details when going it alone.
“If you pick the right people and give them the opportunity to spread their wings—and put compensation as a carrier behind it—you almost don’t have to manage them.”
— Jack Welch
How much easier would that process have been if I had someone experienced at my side that I could just turn to and say — “Hey Steve, how much should I price a product like this?”
That kind of advice, multiplied by the hundreds of such small questions that pop up in the course of establishing your online business, acts like an accelerant for your business growth. Mistakes that would have cost thousands can be avoided, and month-long research projects can be compressed into a few hours.
“The shortest and best way to make your fortune is to let people see clearly that it is in their interests to promote yours.”
- Jean de La Bruyère
How to Find your Five Million Dollar Team:
Ready to meet your $5,000,000 online business team?
- Hire Steve Peirce and the IncomeElite Team for Less than 5 Bucks!
Bringing the folks of IncomeElite on to your team just may be the next best thing to being Richard Branson’s favorite nephew: you get tons of personalized advice, answers to nearly all the questions that will come up in the course of ramping up your online business, and access to the website templates, marketing plans, and sales techniques that the Income Elite team members have used to build businesses generating over $20,000,000 in profits. The best part is that (unlike Richard Branson) Steve Peirce and the rest of the income elite team are specialized in exactly the kind of online businesses that you can build from your home computer in your spare time – lean, mean, cash-generating machines built upon time-tested online marketing techniques, not some “secret system” that Google will shut down after a month or two. Membership in IncomeElite (which is required to access all of the how-tos, resources, and Q&A from Steve and the team) usually costs $97 per month, but they’re currently running a promotion where you can try it out for 5 days for $4.95! - Other Options
Even 5 Bucks is too much for you to pay right now to get some quality people to join your team? Depending upon your situation, you may have other options as well. The Service Core of Retired Executives (SCORE) is one such option. SCORE provides qualifying small businesses with volunteer advisors experienced in that area of business. http://www.score.org/how_score_works.html If SCORE is not for you or you’re based outside of the US, you may have luck finding a retired exec who would be willing to provide similar mentorship on a more informal basis. Angel investors and other former entrepreneurs are often willing to help foster the next generation of entrepreneurs. Generally you’ll give up a small portion of equity (ownership) in your company in exchange for this advice, but it can be well worth it!
“Success has many fathers. Failure is an orphan.”
- Unknown
Looking for New Ways to Make Money Online? How About 101 Ways….
by Matt
Filed under Latest Posts, Make Money Online
Today I’m going to address another question frequently asked by our beloved MakingMoneyOnline.com readers:
Dear Making Money Online,
I’ve tried the blogging thing. Affiliate marketing was fun until Big G axed my money pages. Contributing posts to revenue sharing websites works OK, as long as I don’t want to earn any more than a Starbucks coffee (not even a Latte) each month. In short, I need some help: What other legitimate ways are there to make money online?
–Whiskey Pete
Well Whiskey Pete, you’re in luck, because this week I stumbled upon a site that’s intended for people just like you. My friend Brock Hamilton has put together what just may be the web’s most comprehensive list of legitimate ways to make money online. His website 101 Ways to Make Money is just the thing for anyone who feels like their online cash generating skills are in a rut.
Need to get a little more creative than the usual money making tricks?
Sure, you’ll find the usuals there, like making money with online surveys or blogging, but Brock has gone much further to help you find your own personal cash machine with such unusual tactics as scrap metal, animal ID tags, or even poetry.
Work Less, Earn More. Using the 80/20 Rule to Increase Productivity and Profit!
by Tom Sinfield
Filed under Guest Post, Latest Posts, Make Money Online
I don’t know about you, but for me as a child grow up I would look at successful businesses and think:
I would love to be the person who owns this business!
Notice that I didn’t want to work for the business, or even run the business. My whole goal was to own the business – because then I would be making a heap of money, and have everyone else doing all the work for me.
I’m not sure if that appeals to you, but to me as a young guy about the enter the workforce – this sounded like a dream!
That Was Over 10 Years Ago Now…
And I did go down the business road. I started out at University studying a ‘Bachelor of Business’ because I wanted to be that business owner, but found that they wanted to teach me how to work in one of those businesses (not run it) – so I quit after a year.
After that I decided that I needed to start building a big business if I was going to one day be able to live in my massive house and take one call a day to check how things were going (while living the dream).
That Started Long String Of Business Failures…
When I stopped to think of all the business ideas that I have had and the ones that I did and failed – I was surprised by the quantity.
Here is an abridged version:
- A Flyer Design Business
- Sourcing Properties for Real Estate Investors
- Website Design
- Online Golf Reservation Website
- Importing/Ebay Business
- Website Design (again)
- Product Marketing For A Architecture Firm
- Import/Distribution Of New Iced Tea Brand
I am sure there are a lot more, but that is enough to make me depressed at the bucket loads of potential that I let slip by.
Looking back, each one of these business could have been successful in their own right, but being the person I am – I gave up before the idea had the chance to flourish. You see, I am an ideas person. I thrive on creativity and find that processes and hard work seem to be incredibly large hurdles for me to pass.
Ideas Are A Dime A Dozen…
I remember frequently visiting entrepreneur forums discussing the latest ideas and seeing what everyone else was doing around the world, and every so often there would be one person who would say that they were ‘working on something that was going to be huge, but they didn’t want to say anything about it because people might steal their idea.’
This seemed logical to me until someone replied saying, ‘Everyone else is working on their own thing, and if anyone did copy you, the chances of them having the same drive and passion that you have for your project is incredibly small. It’s not the idea that counts – it is the effort that you put in to make that idea a reality!’
That is entirely true, and I knew that I couldn’t legitimately call myself an entrepreneur until I not only have a creative business idea, but I also followed it through to success.
I Turned My Attention To The Internet…
Now I know if you look through my list of business failures, you will see a lot of internet orientated ideas. However, these were all targeted at bricks and mortar businesses and everyday golfers.
In my time scouring those entrepreneur forums I came across the concept of ‘making money online’. The whole idea was that you get people to visit your website, get people to click through to affiliate websites and then when they buy – you get paid. Seemed like a simple concept, so I decided to give it go!
I started blogging, had a great time and for once – stuck something out for long enough to see some success. In about 18 months, I was able to grow my blog from nothing to over 1,500 subscribers and was starting to gain a lot of influence withing my niche. The problem was, that I was working crazy hours (like most entrepreneurs) – but was not making very much money (I think my best month was just $400).
I spent all my time focusing on relationships and writing what I thought my readers wanted to hear – but my readers were not the ones that were making me any money. In fact it was the complete opposite. while my commentators were making my blog look incredibly active and successful, it was actually the older posts that were getting a little search engine traffic that were making the sales!
Then I Discovered The 80/20 Rule!
If you haven’t heard of the 80/20 rule before, it;s really just an incredibly simple productivity guide that states:
‘80% of the results come from 20% of the effort’
So in my case, 80% (or more) of my profits, came from 20% (or less) of my efforts. You see, I wasn’t focusing on search engine optimization (SEO) in the slightest. Yet it was what was making me money.
So, all I had to do to make more money, was to put more of my focus onto SEO.
What Is The 20% For You?
The 80/20 rule is evident in all aspects of life and all businesses and can be seen in countless different forms.
80% of the complaints, comes from 20% of the clients.
80% of your traffic, comes from 20% of your sources.
20% of your staff will do 80% of your work.
Once you start to realize this – and look out for it. You will be able to fine tune your business to a productivity machine.
You can either optimize you business so that the 20% is fine tuned and the 80% is maintained, or you can drop the 80% altogether and put 100% of your effort into the 20% that is getting all the results (and freeing up a whole heap of time!)
Over the last 6 months, I have been working on the second option, and really ‘trimming the fat’ so to speak and fine tuning my online assets. This has allowed me to systematize the process that is working for me, even to the degree where I am outsourcing a lot of the work (making that dream I had as a kid of being the business owner – and not just the worker or boss, a much closer reality).
Tom is an Australian blogger that is currently researching and trialing the opportunity created by outsourcing jobs overseas. You can download his latest free ebook GEO Arbitrage, which explains it all in an easy to read format.
$100 in 3 Hours? The 7+1 Easiest Ways to Quickly Make Money Online
by Matt
Filed under Getting Started, Latest Posts, Make Money Online
If you’re a frequent follower of MakingMoneyOnline.com, you know that generally we advocate legitimate, sustainable approaches to generating passive cash flows on an ongoing basis. But sometimes you just need to make a little money fast.
One of the most common questions we receive is: “What’s the easiest way to quickly make money online?” As in, by tonight?!
The Scenario: Faithful MakingMoneyOnline.com reader Walter has a problem:
Dear Making Money Online,
I know that slowly building my reputation, giving value before I take, focusing on a niche, etc. etc. is the right way to go about making the big bucks online in the long term. But what about today? I don’t have the cash or the time to spare building my online empire: I just need to put some ka-ching in my pocket NOW. Please hook me up with some suggestions for things I can do today to earn a little extra cash without having to wait for months?
Muchas gracias,
~Walter
The Solution: Can we help Walter earn $100 in just 3 hours working online? Can we help you make $100 in just a few hours? For each technique, we’re going to assume that you have access to a computer with internet access, basic writing ability, and a healthy dollop of enthusiasm, but no existing website/ blog/ or mailing list with 10,000 subscribers (which, by the way, would make this whole endeavor quite a bit easier!).
Our Suggestions for the Easiest Ways to Get Started Making Money Online:
-
Become an Expert
Everyone's an expert in something. Might as well get paid for it!
Just Answer is about as simple as it gets: someone posts a question they need help with, and if you can answer it you’ll earn anywhere from a few dollars to $25. Perhaps the only downside to Just Answer is that it is difficult to get accepted as an expert (hence the 2 stars out of 5 for “chance of success”). If you’re interested in trying it out but would like help getting accepted as an expert, use the form to contact me and I’ll send you instructions for how to get in.
Ether.com is a similar service focused on helping you sell your expert advice over the phone.
MiNeeds allows bidding on a variety of tasks that need done.Earning Potential: $$$$
Chance of Success: ** -
Create the new Viral Sensation
The bad news is that online video advertising is still relatively young, and with most revenue sharing programs you’ll only earn a fraction of a cent every time your video gets viewed. The good news is that some videos can get a LOT of views. Viral hits like the JK Wedding Entrance Dance or “LonelyGirl15” rack up tens of MILLIONS of views, which means those pennies could add up pretty quickly!
If you're going to embarass yourself in front of millions of people on the internets, you might as well get paid for it.
YouTube only offers revenue sharing once you get big, so instead you might want to try http://revver.com/ or http://www.break.com/.
Earning Potential: $$$$$
Chance of Success: * -
Do 20 Tasks on Fiverr
Aye, these are desperate times, my friends. The things that people will do for a mere five bucks simply blows the mind: PSD to HTML website conversion, Joomla setup, even be your Facebook girlfriend. At rates like that, my advice would be to skip trying to earn money doing tasks on Fiverr, and instead set up some sort of task arbitrage scheme whereby you accept jobs from Craigslist for $25, and then hire someone from Fiverr to do them for $5. Yeah, now we’re doing it making money online style!
A measly five bucks and she can be your (fake) girlfriend (on Facebook)
Earning Potential: $$
Chance of Success: **** -
Test 10 New Websites
Usability testing is when companies hire random people to tell them what they think of their website. Think you could be that random person? If so, you can earn up to $10 a pop by completing a few simple tasks on the website, and filling out a report on your experience. Each test should take about 10 to 20 minutes, which means that this may be one method where you actually can meet our goal of $100 in 3 hours (while still having time to make a sandwich).
You can get paid to test websites, as long as you can make a pensive face.
Some sites to try include:
http://www.usertesting.com/betester.aspx – Appears to be the most generous, and the most professional.
http://www.usabilitysciences.com/contact-us/recruiting
http://www.testarmy.com/app/view/more-tester/
http://www.userfocus.co.uk/panel/index.html
http://www.usabilityexchange.com/uehowitworks5.php – UK based, for disabled usersEarning Potential: $$$$
Chance of Success: **** -
Pimp Out Peoples’ iPads/ iPhones
This one is inspired by a story on the founder of HungryPod, who (at least at one point) was making over $100,000 a year uploading CDs to peoples’ iPods. In my mind there’s a similar opportunity to profit from the iPad and iPhone craze: who has the time to wade through the Appstore to find all the most useful bits? If you know iPhone backwards and forwards, why not offer a “Pimp my iPhone” service to get peoples’ iPhones set up with the very best apps (along with music, photos, videos, or anything else the customer wanted on there). This one might be easier to work if you live in New York, where people have a lot more money than time.
Earning Potential: $$$
Chance of Success: ** -
Come up with 4 Cool Domain Name Ideas at PickyDomains.com
A good name is hard to find– and especially so when you need to find an available .com domain name to match. If you’re one of those people who just has a way with names (eg, you’re so clever your cats are named “José” and “Hose B”), then you may find your money-making niche at PickyDomains.com. All you have to do is come up with name ideas, and if your suggestion wins you’ll earn somewhere around $25.
Earning Potential: $$$
Chance of Success: ** -
Flip a Domain Name
OK, this one might be difficult to pull off in just 3 hours, but you also have a good shot at earning a lot more than $100. Here’s the gig: every day thousands of domain names expire and are auctioned off at sites like NameJet.com, SnapNames.com, and TDNAM.com. Although some auctions go in to the tens of thousands of dollars, most start at $60 (or just $10 at TDNAM.com). Since we’re just interested in making a quick buck, rather than getting serious about domain investing, you just want to find an opportunity to flip a domain for an easy profit. The best way to do that is to look for domains that offer a better version of an existing website’s domain. For example, if my website is YogaDVDs.net and you grab the domain YogaDVDs.com in an expiring auction, there’s a good chance I’m going to be willing to pay you something for that domain. Ditto for singular/ plural combinations, and hyphenated/ non-hyphenated domains. Most small businesses and website publishers don’t even know that expired domain auctions exist, so you’re actually doing them a favor if you sell them the domain at a fair price and prevent it from ending up as a permanent parking page in a mega-domainer’s collection.
PS: Make sure you only apply this strategy for generic descriptive domain names, not brand names like “Yahoo” or “Microsoft”.
Earning Potential: $$$$$
Chance of Success: *** -
Help 10 Students at StudentOfFortune.com
I saved one of my greatest finds for last. There are many variations on the “get paid to answer questions” theme, but StudentofFortune.com seems to be one of the more promising ones. After all, who is more desperate to answer questions than students? It might help to be a bit of an academic, but hey when questions pay up to $150 each, that’s a lot of inspiration to hit the books!
Textbook Rockstar? You can make money online helping out students.
Other sites where you can earn money online by tutoring students:
http://www.ehomeworkhelp.com/tutors.cfm
http://www.tutorandmentor.com/careers.html
http://www.tutor.com/apply/why-tutor-with-usEarning Potential: $$$$
Chance of Success: *** - Adsense – HubPages is a revenue sharing site, whenever you build a hub (a page about something you like) Adsense ads are automatically inserted to it. They use a service called YieldBuild which calculates the best possible places for the Adsense ads so you can be sure that your Adsense ads are optimized. In your settings you can set your Adsense publisher id and you will get 60% of the impressions from your hub. Now some will argue that instead of getting the 60% of page impressions why not write a blog post about it and get all the impressions to you. Problem is it will be pretty hard for you to rank for those terms in Google and get search engine traffic. HubPages is a trusted site by Google and it’s easy to get good ranking for your Hubs and because of the internal linking structure of HubPages you will get lots of traffic from other related hubs as well. All these benefits mean you have a better chance to make more money from HubPages.
- Kontera – You can also enable Kontera ads in your hubs so you have more chances of earning money. I personally don’t use Kontera in my hubs because I think they get in the way of good user experience but you might want to check them out and see the results in your hubs.
- Amazon Widget – You can also add Amazon widgets to your hubs. You can set your Amazon partner id in the affiliate setting and when a user buys something via your widget you get a commission.
- Creating Hubs for Affiliate products – I have mentioned this before in the article as well, Google places a lot of trust in HubPages and your Hub about some affiliate product can easily outrank your blog post about that same affiliate product. Of course building back links is the best way to rank in Google but because of the internal linking structure and the trust Google places in Hub Pages you have a definite advantage while using Hub Pages.
- To Build Back links – Hub Pages is a great way to build back links to your blog or website. It’s relatively easy to get a good PR for your Hubs and as long as you maintain a Hub score of more than 75 you will get nofollow back links from your pages. My blog about Make Money Blogging is ranked well for some good key words and the links from my hubs played a major role in doing that.
- I REALLY like the ability to choose our own keywords, as we could choose all high paying keywords if we wanted too. We didn’t for this test, as the blog is an extremely focused niche and we didn’t have a lot of choices, but I could see where it could work very well on some other sites.
- I also like the ability to display the ads anywhere and anyhow we like. You could display several keywords like we did on that site, or you can just add a text link in a post and that would work as well. The display flexibility is very cool.
- It is not available in all countries, and many of the countries where it is available… they seem to not have a large ad inventory, so not many ads (if any) display. So a website that gets a lot of worldwide traffic, I don’t think it would be too good a fit.
- Unlike Adsense where you can login to your account and see how your ads are doing every hour, and get a very detailed report… that is not the case with this program. The report information is very limited (as you can see above), plus the report is always 2 days behind. So if I login today (which is Thursday), I will only see my commissions through Tuesday. I really don’t like that!
- The earnings per click do not seem to be that great either. The problem I think is… this company is using another company (Hotkeys.com) for their backend system and both of them (at least) have to take a cut of the commissions before it gets to us. I believe with Adsense you are only sharing your commissions with Google (but I could be wrong).
- Take $1 and bet on red or black.
- If your color comes up you win. Yeah… you won $1.
- If you lose, double your bet ($2) and then bet on the same color again.
- If you lose, double your bet ($4) and then bet on the same color again.
- Keep doubling your bet on the same color until you win.
- $1
- $2
- $4
- $8
- $16
- $32
- $64
- $128
- $256
- $512
Now Go Get Started Making Money Online!
Did you find any of these suggestions helpful? Any additional ideas that you would like to add? Please let me know if you found this tutorial useful or how you would like to have seen it done differently, and next time will be even more valuable for you!
One Bloggers Strategy For Making Money Online
by Doug Dillard
Filed under Guest Post, Latest Posts, Make Money Online
Try To Remain Positive Even Though Your World Is Rocked
Not so easy to do even though it is said that there is a bright side to every dark moment in your life if you look hard enough. However, only a strong person or a true believer would be able to view the loss of a bunch of money in the stock market as an opportunity rather than just a flat-out disaster. I mean we are talking about money here, a substantial amount of money, gone, poof! Just like that.
It’s what happened to me several years ago and it’s one of those life-changing events that, even if you are so deep in self-pity that you can’t recognize it at the time, has a positive spin on the rest of your life. As it turned out it’s the thing that set me firmly on the launching pad to the blogosphere. You see, it was at that moment that my wife and I decided to invest our money in ourselves, not in a place, where, if you don’t know what you are doing is more like gambling than investing.
As just your average investors it was a financial set-back that at our age was going to be tough to recover from, strictly from a standpoint of limited funds to invest and the time it takes to ripen any investment. But worse than that, it made us feel helpless and stupid.
Baby Boomers On A Short Leash
So where does a baby boomer couple looking at trying to retire and quit the grind put their few and hard-earned investment dollars, a place where their investment would not only be safe but would go forth, be fruitful and multiply? Why, the Internet, of course!
That’s not to say the decision we made to yank all our money out of the stock market and invest it in an Internet venture was an easy one, in fact, everyone thought we were crazy! But where else but the Internet, would an opportunity exist for two people in their mid-fifties, to have any kind of chance to make up their losses in time to enjoy a secure retirement?
If We Build It Will They Come?
I had some basic computer skills back then and a desire to write for a living, however, a best selling novel was beyond my capabilities. As Dirty Harry used to say, “a man’s got to know his limitations” and after being burned by investing in something I knew literally nothing about I decided I needed to write about those things that I did know – first-hand, and from personal experience, things that interested me and that I had a passion for.
Ok, so based on that idea I decided to build a network of blogs and websites where I would post original, keyword loaded material on a regular basis, get noticed by the search engines, sit back and wait for the cash that advertisers would throw at me to have a presence on one of my nichey little blogs. After all, it’s the reason I became a blogger in the first place, I hoped it would be the strategy that would result in income that would subsidize whatever retirement income I could salvage from bad investing decisions. I suspected that one blog making a ton of money was out of the question as I am not a Huffington kind of person, but a hundred websites, each making a dollar a day, was more than doable. Oh, was I about to learn a valuable lesson in making money online.
Making Money Online Is Doable But…
In reality, making money online is not about those “Secrets to Internet Wealth” programs out there that want to tell us all how to get rich for only two easy payments of $39.95. I am sorry to be the one to say it out loud BUT making money online, really making money online is about patience, it’s about an investment of incredible amounts of time, it’s about dedication and a belief in yourself, and it’s about doing things the right way, no shortcuts, no scammy little schemes, just hard work. There are those who do not want to hear the truth about what it takes to make money online, they would rather dream that making money online is easy, just a few measly hours a week will have you making thousands a month. Uh huh, us real bloggers grounded in reality know better.
I’m here to tell you that making money online is definitely doable, I’m making it as we speak. Maybe not the big dollars that everyone thinks us bloggers make but every day is encouraging. I learned early on from a webmaster that I have much respect for that if you follow best practices and build your blogs with the reader in mind, that is, make your blog the best it can be, you can believe that the rest will follow.
Now with 70 plus websites I am on the road to making even more money online and you can do it too! Just pay attention to the valuable information that the guys here at MakingMoneyOnline.com are happy to share and what the people within their circle of friends can teach you about blogging just by reading their posts, articles that are chock-full of the kinds of blogging tips that will help YOU become a successful blogger and how YOU can start making money online!
Revenue Generators
Here are the revenue generators that have been contributing to my bottom line with steady (not yet spectacular) income:
Google Adsense
Text Link Ads
Amazon Affiliate Programs
Direct Ad Sales
Featured Links on Link Directory
Other Affiliate Programs
In-Text Links (Kontera)
Each of these revenue generators contributes daily to my goal of reaching $1.00 per day in ad revenue per site. I am encouraged each time I check my stats and it’s really gratifying to see the hard work starting to pay off with actual cash in my pocket!
My network is my legacy, it’s debt free because I didn’t get ahead of myself and only introduced blogs or stores to the network as I could afford to do so, one at a time. So, every penny of profit goes right into my pocket!
My advice to you, step away from the TV set and get in front of a computer! Blogging is fun and profitable, it’s still in it’s infancy, anyone can do it, and it’s FREE! Start your own legacy by building YOUR own blog today!
This guest post was written by Dick Schaefer AKA, the Boomerblogger. You can see more of Dick’s work on some of his blogs: My-Baby-Pet.com, BoomerRVer.com, or contact him via his hub site: LeisureAdvertising.com
Interested in Guest Blogging? Click Here for details.
How to Use HubPages to Make Money Online
by Doug Dillard
Filed under Guest Post, Latest Posts, Make Money Online
There are thousands of ways to make money online and HubPages is one of the best ways to get started with it, especially if you are good at writing and new to making money online. Joining HubPages is free and easy and you don’t have to invest anything. You can write about anything you want whenever you want so you won’t be feeling the pressure to keep a posting frequency. And best of all you could be making money while writing about the things you like.
How to Make Money from HubPages
There are some direct ways and some indirect ways that you can make money with HubPages. First let’s look at the direct ways you can make money online.
Those are some of the direct ways you can make money with HubPages but there are more advantages to using HubPages which can indirectly help your earnings.
I joined HubPages in the hope of getting some back links… but I got back links, money and a whole lot of knowledge as well. Since it’s free to join you’ve got nothing to lose and I assure you, you have a lot to gain. Check out my hub about “Want one-way back links? Try guest posts” to get an idea of a hub. I’m sure you can find the create my own button in there 
This “Guest Post” was written by Nishadha Silva. You can learn more about Nishadha at Make Money Blogging.
An Entertaining Way to Make Money Online! (Rated R)
by Mark Smith
Filed under Case Study, Latest Posts, Make Money Online
Since this website is about, “Our Journey to Online Fame & Fortune” we thought we should start sharing with our readers some of the other sites and projects we have been working on.
You can help with our latest case study. We are looking for your tips, suggestions, and comments to help us promote one of our more provocative websites. I addition… we would love to hear some of your ideas for creating additional revenue streams for the site as well.
We created an online business a while back that was based on an annual radio bit taken from our favorite local morning show; the Dave, Shelly and Chainsaw Show on 101KGB FM in San Diego. Every year, just after Valentine’s Day, they give the guys a chance to celebrate a holiday of their own which is known as Steak & Knobber Day, or “Valentine’s Day for Guys“. If that term offends you, this is probably a good time for you to switch to another blog for the day.
Still with us? Good. The premise of S&K Day is this; Valentine’s Day is really all about the women. Guys buy flowers, chocolates, jewelry and do the romantic dinner just for their ladies. We are expected to do this, and for the large part we go all out willingly. With Steak & Knobber Day, which takes place on March 20th each year, all we ask for in return is something we all can appreciate (and somewhat deserve): A good old fashioned steak and a well deserved knobber.
Let’s face it, we aren’t looking for a new car, or even the latest high-tech gadget that could put you back several hundred dollars. A $10 steak dinner is all it will cost you, and the second part you can do yourself for free. I guarantee you will get a compliment even if either part doesn’t turn out the way you would expect it to. We are guys, so all you really have to do is show up and we are good to go. You can burn the steak, drop it on the ground, and you will still have a satisfied customer upon completion of Part II of this little known national holiday. For the married guys out there, we are trying to get you one more other than the one you get on your Anniversary if you are lucky. Some would say that was a joke, while others would call that statistically correct.
You can help us to take Steak and Knobber Day from just a great idea and be a part of the success as we try making money online with it. How would you help to promote Steak & Knobber Day throughout the world? What merchandising ideas would you come up with? Do you find it offensive or funny? As we are both family guys, we tread a fine line with this product. We don’t want to offend anyone, or turn this into an X-Rated product. We do think it is a very funny concept, and would like it to go from a local popular holiday that is favorably practiced to a globally accepted holiday for the better of all mankind.
Visit the website at steakandknobberday.com and tell us what you think. What would you do if you were going to be making money online with the Steak & Knobber Day website? We designed several items through our Cafe Press Store, and rely on those purchases for income without having to carry any inventory.
What techniques would you use to promote your products online? How would you encourage others not only to participate, but to wear and promote your products? We are serious about this, so please include sincere comments with your opinions in the comments section. This is a family friendly website, so please refrain from explicit comments.
Making Money Online with Your Passion
by Mark Smith
Filed under Latest Posts, Make Money Online
At what point does a hobby become a job, and a job become a career? This is the million dollar question that a lot of people are looking for the answer to while combining their passion with a money making career. When it comes to making money online, you should take your passion and match it with a strong business model and make it profitable.
When I was a teenager, my hobby was music. I loved to listen to music, and the greater part of every dollar I made went to the local record store. For those of you under 25, we had to go into a store to purchase our music on these 12 inch vinyl discs called Records. Records gave way to the compact disc, and those gave way to Mp3’s that you can snap up from home on iTunes.
This post isn’t about music, but to some extent it is still relevant. I turned my hobby of music into a job when I became a disc jockey. For five years I made a living working in nightclubs and doing weddings and house parties. I loved what I did, and I enjoyed a great lifestyle while in my early twenties. Suddenly, I noticed a shift in the marketplace. Night clubs started to close down due to the increase in violence, alcohol related issues, insurance rates skyrocketed, and business owners just didn’t want to take the risk of losing their hard earned gains to a potential lawsuit. I had to make a career change quickly, and back then there wasn’t any way for me to make money online. I didn’t even own a computer.
For the club DJ, this meant that there was a shrinking market with fewer jobs available. Times were changing, and I made a decision to get out of this industry and look for something with a brighter future. I could have easily stayed with it until the company eliminated my position, but what good would that have done me? I look back now, and I realize I made a good move at the right time. The three companies that I worked for have not only eliminated DJ’s from their payroll, but they are no longer in existence. I stayed in the hospitality industry which is something I knew quite well. I shifted into management and succeeded because I took my passion and found a new way to channel it. I still got to make people happy, but instead of packing a dance floor I was packing a dining room.
On the other side of the issue, having a steady source of income before you follow your hobby in the hopes that it will become your dream job or career makes a lot of sense. Pursue your dreams with a passion, and in the mean time do your research. Like the expression says; “Don’t quit your day job” until you know that you can make a living doing what you love to do. For anyone out there that is looking for the quick easy way to riches and a carefree lifestyle, I offer this one bit of sage advice: It isn’t out there.
If you are looking for a way to make money online, I would suggest you find something that you love, and work hard to make it profitable. Solve a problem, fill a need, or share your wealth of knowledge on a particular subject that people will pay you for. Sell a product that serves a purpose or meets a need or desire. This will gain you wealth, and lead to a better lifestyle. Live within your means until you are disgustingly wealthy, and then make sure you have a long term plan to protect your newly found wealth. It goes quickly, especially if you never had an abundance of wealth to begin with.
One of my favorite sayings is this: “The man who loves what he does never works a day in his life.” I try to live my life by this motto, and I also feel that when most people say that they have to go to work, I say that I get to go to work. See the difference?
Traffic Monetization Program Beta Test Results
by Doug Dillard
Filed under Latest Posts, Make Money Online
Here is a quick follow-up to my post a couple of weeks ago on a new Beta Traffic Monetization System we are testing out on one of our other blogs to see if it can help us make more money online.
To refresh your memory here is basically how the program works:
The program is basically an advertising revenue sharing program, similar to Adsense, but with a cool twist. With this you place keyword text links that you choose right on your website. You can choose high paying keywords if you like, but for my test I chose keywords I know my readers are actually searching for. When a visitor clicks on one of the text links, relevant ads are then displayed right on your website. The site owner then earns money each time a user clicks onto an advertiser’s link.
Here is how the text ads looks on our website MiraMesa.com.
So for the past 2 weeks the site has been averaging between 200 – 300 visitors per day, with about 75 – 80% of that traffic coming from search engines. Below is the earning’s chart which shows you exactly how much the site has earned with this traffic monetization system so far.
As you can see… not the greatest numbers ever, but not the worse numbers either. If the numbers stay like that, we will ending up earning a little over $20 for the month from those ads… which really isn’t too exciting.
We have decided to let the ads run through the rest of the month, and after that take them down, as we can earn more money selling banners ads to local merchants in that same spot.
Here is a list of the pros and cons we have come up with so far:
PROS:
CONS:
So for the time being (for us), the Cons outweigh the Pros… but that might not always be the case. The company is very new and as they grow… they might be able to fix everything that I have listed in my Cons section. If that happens, I would absolutely recommend this company.
As you noticed I never mentioned the name of the company. That is because they are still in Beta Testing mode and it is not available for everyone to use yet.
If you would like to test out the system yourself, send me an email and I will put you in touch with the owner. The only requirement is your site has to average over 300 visitors per day to be considered.
Making Money Online Promoting a Free Secret System to Help People Earn $300-$500 a Day
by Doug Dillard
Filed under Affiliate Programs, Latest Posts, Make Money Online
I love learning different ways that people figure out for making money online. If I see an ad that catches my attention in Adsense or Infolinks I usually click on them to see what the advertiser is trying to market. So I have decided to add a new segment to Making Money Online where I will search out unique methods that people use to market affiliate programs (that I find interesting) and share them with you. I hope you find them interesting too.
Today I am going to be writing about a way that I have actually seen used on many sites lately, and I am pretty sure it works (for making money for the affiliates), as I have been tempted to sign-up and to test this system myself, and I have pretty good willpower for these types of programs. So I know if I am tempted, I am pretty sure there are people that are actually trying this out and making some affiliates very wealthy.
What the affiliate marketers are promoting on these sites are different Online Casinos, which all pay quite a bit of money. The secret is they are not promoting the casinos directly. What they are doing is promoting a “Secret System” that will show you how to make $300 to $500 a day beating the casinos. This is basically how it works on most of the sites I have seen this on. The owner of the site says they are going to share a method with you to beat the online casinos day after day playing European Roulette with their secret system. What makes this work for me is they don’t try and sell you anything at all. They don’t even ask for your name and email which is really smart.
They reveal their entire secret system to you right there on the webpage. They spill all the beans, as they are trying to make it seem like they are helping you out just because they are nice guys. Not only are they sharing their secret “beat the casino” system with you, they also let you know that they have personally tested this system out on many of the online casinos out there, and they recommend the ones that they have found to work the best for them. Wow, they must be super nice guys I guess. Well they could be nice guys, but there is definitely an ulterior motive to their generous information.
So why would these guys share their secret money making online system with you for free? Do they really want you to make money? They might want you to win some money, but in the long run I am sure they would prefer that you lose money instead. Why would they want you to lose money? Because if you joined the casinos through the affiliate links they recommended, they will earn a certain percentage of all the money you lose.
I checked out several of these sites and many of them recommend the same casinos. When I checked out those casinos, each of them has affiliate programs that pay the affiliate 30% of whatever the people they refer to the casino lose for as long as they stay a member. So as long as the person they referred continues to gamble on that site, they will earn 30% of however much that person loses. So if they lose $100 the affiliate earns $30. If they lose $1000, the affiliate earns $300. Not bad for making a simple recommendation.
So let me give you a short explanation on their secret method for beating the casinos, and show you that there is a much better chance in the long run that the affiliate will earn a lot more money than the gambler ever will.
Here is the secret formula in a nutshell. They go into more detail on several of the sites, but hopefully this will make sense to you.
I am guessing you guys understand the basics of European Roulette. It is a casino game which is basically a spinning wheel with 37 slots. There are 18 red and 18 black slots and 1 green spot numbered zero. The green slot (0) is what gives the casino their slight advantage, which makes all the difference for the casino. It is important that they play European vs. American Roulette, as American Roulette has 38 slots, with two green slots; zero and double-zero… which gives the house and even larger advantage.
There are lots of different bets you can place when playing roulette, but for this particular money making system…players will only be betting on either red or black which pays even money. That means if you bet $1 on black and the color black comes up, you win $1. If red comes up or the green zero, you lose the dollar you bet. Definitely pretty simple stuff. So here is how this system works.
If you have enough money and you keep doubling your bet, eventually your color will come up. Once your color comes up and you have been following this method you will have won $1.
Once you win, you start over by betting $1 again and follow the same routine over and over again until you win a total of $200. Then they say it is time to go to a new casino, so the casino you are currently playing at doesn’t catch on to your method.
I have actually tested this many times using the “Play for Free” mode at a few different casinos and I have done quite well, but that was with pretend money, so there was no stress on me actually losing my own money.
So let’s break this down to see how this would play out in the real world… at least if it were me following this secret formula for making money online with my own hard-earned cash.
I would start out following the routine… making a dollar here and there slowly building up my winnings. But then I would probably get on a losing streak (at some point) as most gamblers often do. So let’s see how much money I would be down if I lost 10 spins in a row.
So if I had 10 bad spins in a row (which is possible) I would be down a total of $1023, and I would be starting to get very stressed out. I am a family guy now and I just hate losing money. 
I hated losing money before I was married and had kids, but it is a much bigger deal nowadays for sure! I would think to myself, if I lose another spin I will be down $2047. Then if I lost again, I will be down twice that. The fear would probably overcome me and I would probably just cut my losses and quit right then. I’d be down a little over a grand and the affiliate that signed me up would be up a little over $300. So who’s the winner there? Definitely not me.
Now I am not saying this system doesn’t work, but I think if it did all the time… EVERYONE would be doing it.
Actually… if you had unlimited funds (like the casino) and the casino had no caps (the maximum amount of money you are allowed to bet), this system is guaranteed to make you money if you followed it to the tee. But none of us have unlimited funds and casinos do have caps… so if you get on an unlucky streak, you could literally lose your house! That doesn’t sound like a good bet to me!
So why did I write this?
Am I trying to promote online gambling? Absolutely not!
Am I recommending that you start promoting Online Casinos? Nope!
What I am trying to promote in this post is CREATIVITY! I just thought the method they used to market those affiliate programs was very creative and I am sure they have had much success with it.
So next time you decide to promote an affiliate product or service… or even your own product or service… try and think outside the box!
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