Marketing with articles, is a great method of getting your marketing done free of charge. Businesses can promote through the creation of content rich articles, and web advertising strategies benefit through the creation of content material, which then raises the profile of the organization running the promotion. Web advertising covers many methodologies, but most of them are pricey, and don't supply the benefits that the combination of articles and marketing offers. In online business, the symbiosis of web marketing and article advertising, supplies both participants the wherewithal to obtain content and links back to the contributing businesses.
Associations between newsprint and businesses, where the businesses would write article content, which the papers would then publish, is something that has been a fact for many years. In exchange for the content, the newspaper would publish a small biography piece about the organization submitting the article. The expansion of the web has created an easier environment for matching up businesses with article authors. Internet marketing, a vast niche that entails article composition and marketing, has proven to be the perfect base for both to integrate. Each needs the other to survive, i.e: if the internet was just articles and text, it would be a fairly dry argument; and if it was merely marketing, although it may well look great and appear worthwhile, it would still be fairly empty and no one would bother with it.
So, we enter the marriage of article authoring and internet marketing. The article authors have somewhere to show off their skills and whatever they are selling, with their bio attached to each article, with links back to them included. Provided the website is relevant to the article's subject matter and already has rank, search engines will find it and send web-searchers there, so advertising the author's skills and wares. The marketer has the web-page where the article resides, to place their advertising on. Provided this is a site-relevant, content rich article, search engines will find it and send those searching that subject to the site. If the web-page's advertising is suited to the subject matter, there is a good chance visitors will click those links, then the marketer makes a profit.
Utilizing article marketing would be a prudent decision, if you want to constuct a productive internet marketing business. Numerous companies have become prosperous, putting into action article marketing techniques alone, demonstrating how successful these methods can be. This method enables the business to create effective, one way, links pointing to their website, that will give search engines good cause to continue indexing the site, elevating the search engine ranking at the same time. This then, enables the business to transform useful and content rich articles, into the road to becoming an authority figure, giving clients good reason to trust the word of that business. This, in turn, creates numerous new ways for web browser's to find the website, often from locations that they usually would not even be searching. Article marketing can create an effective internet marketing business, for anyone.
For a successful web marketing business, quite possibly, the single most effective method for you to accomplish this, really is through article marketing. Whilst most types of web marketing aren't enough on their own to accomplish the same, stand-alone results. Article marketing can produce impressive results in the shortest time-frame, simply because of the powerful aspects that it utilises. Not only does article marketing build effective and essential, one-way links, from already popular web-sites with high web-page ratings, but it also gives possible visitors new means for reaching your website, and concurrently secures you as an expert about the subjects that you're writing about. This allows potential visitors and clients to trust you sufficiently enough, to sign up for your e-zine, or buy your items.
If you are looking to start, or increase your profitability online, you should begin by creating an internet marketing business through articles.
Finally breathe life into your online business and build your very own Internet Marketing Empire in record time
Saturday, April 10, 2010
Wednesday, April 07, 2010
What is a Niche and How Exactly Do I Get One?
A niche, is sub-topic within a specified field. Whether this is obscure, or rarified subject matter is of little consequence. Sometimes information on really obscure specialized interests can become quite lucrative. This is where the niche-marketer comes in.
Based on Wikipedia, a niche is "a special place within the scheme of things." Niche marketing is characterized as "the procedure of finding and serving small but potentially lucrative marketplace sectors and designing tailor-made products or services to suit." So it's all with regards to discovering your special interest and the items and services that suit.
From the beginning, you ought to realize that your goal in obtaining a niche, would be to focus all your ideas and creativity into the most appropriate, to the point, and focused concept about the niche as is possible. Your target market is - everybody in the world with computer access and a desire to discover more about your site's subject. Your possible information sources are everything known about that topic. Which means you want to be certain to possess sufficient information to at some point fill countless web pages, and also you wish to narrow your focus sufficiently enough that you will be perceived as an authority, as "THE Authority", for information, products, and/or services pertaining to your specific specialized niche subject.
Focus...
Suppose your niche is about dogs. You can narrow your focus by selecting an dog breed, history of dogs, specific breeds, subject (dog artworks, accessories, coat, training, etc.), dog shows, country of origin, and/or the existence and motivation of one or more famous bog breeders. Your aim should be to choose as many of these major factors as possible, to ensure that the end result is very well-defined topic material.
Then you definitely need to find out how regularly people are searching for this info, what key phrases they're entering within the search engines, and how many websites are presently online with that information. Eventually you will formulate your concept, your key phrases, and you can look for a suitable domain name and meta tags for your website.
Keywords were named that for a purpose...
Each page in your website should have its own particular keywords. They are the phrases that people will type into a search engine and discover your web-site. Maybe your dog interest has been refined down towards the history of dog breeding in Australia, as shown in the photos by some famous breeder. You must find the hottest keywords, see what sites are presently online, maybe change your focus a bit, until you discover precisely the right level between what's hot, what's available, and what may be a potentially untapped field.
Performing your research in-depth, in the beginning, is crucial to your success. This is the most difficult component, but as soon as it is carried out, you've obtained the skeleton, or foundation, of everything else you will be doing regarding your niche. You will be utilising a listing of websites to relate back to for researching all of the rest of your web pages, articles, backlinks, and so on.
I hope this article has given you an insight into what a niche is and how to get one.
Based on Wikipedia, a niche is "a special place within the scheme of things." Niche marketing is characterized as "the procedure of finding and serving small but potentially lucrative marketplace sectors and designing tailor-made products or services to suit." So it's all with regards to discovering your special interest and the items and services that suit.
From the beginning, you ought to realize that your goal in obtaining a niche, would be to focus all your ideas and creativity into the most appropriate, to the point, and focused concept about the niche as is possible. Your target market is - everybody in the world with computer access and a desire to discover more about your site's subject. Your possible information sources are everything known about that topic. Which means you want to be certain to possess sufficient information to at some point fill countless web pages, and also you wish to narrow your focus sufficiently enough that you will be perceived as an authority, as "THE Authority", for information, products, and/or services pertaining to your specific specialized niche subject.
Focus...
Suppose your niche is about dogs. You can narrow your focus by selecting an dog breed, history of dogs, specific breeds, subject (dog artworks, accessories, coat, training, etc.), dog shows, country of origin, and/or the existence and motivation of one or more famous bog breeders. Your aim should be to choose as many of these major factors as possible, to ensure that the end result is very well-defined topic material.
Then you definitely need to find out how regularly people are searching for this info, what key phrases they're entering within the search engines, and how many websites are presently online with that information. Eventually you will formulate your concept, your key phrases, and you can look for a suitable domain name and meta tags for your website.
Keywords were named that for a purpose...
Each page in your website should have its own particular keywords. They are the phrases that people will type into a search engine and discover your web-site. Maybe your dog interest has been refined down towards the history of dog breeding in Australia, as shown in the photos by some famous breeder. You must find the hottest keywords, see what sites are presently online, maybe change your focus a bit, until you discover precisely the right level between what's hot, what's available, and what may be a potentially untapped field.
Performing your research in-depth, in the beginning, is crucial to your success. This is the most difficult component, but as soon as it is carried out, you've obtained the skeleton, or foundation, of everything else you will be doing regarding your niche. You will be utilising a listing of websites to relate back to for researching all of the rest of your web pages, articles, backlinks, and so on.
I hope this article has given you an insight into what a niche is and how to get one.
Wednesday, September 09, 2009
How to get repeat visitors to your website.
When people visit your website chances are very likely that most of them will leave within the first ten seconds, never to return again. The worst part about this is they leave without buying anything. They don't even take the time to leave you a name, number or email address, so you have no idea how to reach them again.
Getting people to come back to your website repeatedly.
Let's get started:
- Update the pages on your website frequently. Stagnant sites are dropped by some search engines. You can even put a date counter on the page to show when it was last updated.
- Offer additional value on your website. For affiliates and partners you can place links to their sites and products and ask them to do the same for you. You can also advertise their books or videos, if these products relate to your industry and are not in competition with your own product.
- You can allow customers to 'opt in' to get discounts and special offers. Place a link on your site to invite customers to 'opt in' to get a monthly newsletter or valuable coupons.
- Add a link to your primary page with a script 'Book Mark or Add this site to your Favorites'.
- Add a link 'Recommend this site to a Friend' so that the visitor can email your website link, with a pre-written title, "Thought you might be interested in this", just by clicking on it.
- Brand your website so that visitors always know they are on your site. Use consistent colors, logos and slogans and always provide a 'Contact Us' link on each page.
- Create a 'Our Policies' page that clearly defines your philosophy and principles in dealing with your customers. Also post your privacy policy as well so that clients know they are secure when they visit your site.
- Create a FAQ page which addresses most of the doubts and clarifications about your product or your company that are likely to be asked. This helps to resolve most of the customers doubts in their first visit to your site.
- Ensure that each page on your website has appropriate titles and keywords so that your customer can find their way back to your site if they lose the book mark.
- Never spam a client, who has opted for newsletters, with unsolicited emails. Later if they decide they want to 'opt out' of the mailings, be sure you honor their request and take them off the mailing list. They may still come back if they like your products.
One more thing you can do is make your website more interactive. Make it interesting and fun for them to stick around. Let's take a look at MySpace as an example. Go to the main page and snoop around. Not only do they provide a place for people to meet and get to know each other, they have polls, classifieds, forums, videos and more. All designed to get you to stick around and come back again.
Now I'm not saying that you should try to compete with MySpace, but what you can do is take the time to design your web pages so that your visitors will want to click around for a while and get to know you. Give them something to do and a reason to come back. The longer you can keep their attention the more times you can get them to come back the better for you and your business!
************************************
Please visit here for Traffic Tactics that won’t Cost You a Cent
-----------------
Getting people to come back to your website repeatedly.
Let's get started:
- Update the pages on your website frequently. Stagnant sites are dropped by some search engines. You can even put a date counter on the page to show when it was last updated.
- Offer additional value on your website. For affiliates and partners you can place links to their sites and products and ask them to do the same for you. You can also advertise their books or videos, if these products relate to your industry and are not in competition with your own product.
- You can allow customers to 'opt in' to get discounts and special offers. Place a link on your site to invite customers to 'opt in' to get a monthly newsletter or valuable coupons.
- Add a link to your primary page with a script 'Book Mark or Add this site to your Favorites'.
- Add a link 'Recommend this site to a Friend' so that the visitor can email your website link, with a pre-written title, "Thought you might be interested in this", just by clicking on it.
- Brand your website so that visitors always know they are on your site. Use consistent colors, logos and slogans and always provide a 'Contact Us' link on each page.
- Create a 'Our Policies' page that clearly defines your philosophy and principles in dealing with your customers. Also post your privacy policy as well so that clients know they are secure when they visit your site.
- Create a FAQ page which addresses most of the doubts and clarifications about your product or your company that are likely to be asked. This helps to resolve most of the customers doubts in their first visit to your site.
- Ensure that each page on your website has appropriate titles and keywords so that your customer can find their way back to your site if they lose the book mark.
- Never spam a client, who has opted for newsletters, with unsolicited emails. Later if they decide they want to 'opt out' of the mailings, be sure you honor their request and take them off the mailing list. They may still come back if they like your products.
One more thing you can do is make your website more interactive. Make it interesting and fun for them to stick around. Let's take a look at MySpace as an example. Go to the main page and snoop around. Not only do they provide a place for people to meet and get to know each other, they have polls, classifieds, forums, videos and more. All designed to get you to stick around and come back again.
Now I'm not saying that you should try to compete with MySpace, but what you can do is take the time to design your web pages so that your visitors will want to click around for a while and get to know you. Give them something to do and a reason to come back. The longer you can keep their attention the more times you can get them to come back the better for you and your business!
************************************
Please visit here for Traffic Tactics that won’t Cost You a Cent
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Tuesday, July 28, 2009
See Every Single Visitor On Your Web Site
How to see every single person on your website, in real time and provide immediate customer service! Yes, it's true. You really CAN see every single person on your web site and provide instant customer service. You can see how long they spend on each page of your web site. You can see what browser they use. You can see how many pages they've viewed and how they got to your website in the first place.
It's an amazing tool. PLUS, it provides a service to your customers because they can email and/or chat with you or your customer service person -- live!
It's a KILLER and very important marketing tool Why?
Because, you can SEE visually every person on your web site and where they're coming from. You can tell if you're being ripped off on advertising or not by the time people spend on your web site and by whether or not they visit any other pages other than your initial one.
Once your ad goes out, you can literally see the traffic come in as your website fills up with visitors.
Plus, you can actually create a bond and answer sales questions by having instant chat available.
This is a MUST HAVE tool!
The service is called Live Person from:Live Person
It would really hurt to have to run my business without this tool. I highly recommend you download and use it right away.
Best wishes,
Marlon Sanders
-------------------
Please visit here for Traffic Tactics that won’t Cost You a Cent
It's an amazing tool. PLUS, it provides a service to your customers because they can email and/or chat with you or your customer service person -- live!
It's a KILLER and very important marketing tool Why?
Because, you can SEE visually every person on your web site and where they're coming from. You can tell if you're being ripped off on advertising or not by the time people spend on your web site and by whether or not they visit any other pages other than your initial one.
Once your ad goes out, you can literally see the traffic come in as your website fills up with visitors.
Plus, you can actually create a bond and answer sales questions by having instant chat available.
This is a MUST HAVE tool!
The service is called Live Person from:Live Person
It would really hurt to have to run my business without this tool. I highly recommend you download and use it right away.
Best wishes,
Marlon Sanders
-------------------
Please visit here for Traffic Tactics that won’t Cost You a Cent
Saturday, July 25, 2009
Small Business Blog Marketing: What Does It Entail?
Blog marketing can be very complicated for someone who has never blogged before. If you plan to enter the small business blog marketing, you want a blog first and see just what it entails. Blogging requires dedication and patience. You must update your blog regularly to keep readers interested. This will keep them returning for more and see what is, if anything, new you have to relay.
Blog marketing for small business is all about current, or up-to-date news about your business. It is certainly an excellent tool to use to bring your business to the attention of potential customers. However, you must be patient because it is a long process that requires a fair amount of attention to detail. Just because you have a blog does not mean that someone will find it and read about your business, you need to make your business blog known. If you have a website for your business, you can refer to your blog on the website, therefore, those already knowing about your site will be able to access your blog also.
Blog marketing for small businesses is something that, being relatively simple, anyone can do. Having a blog and keeping it up to date with your businesses latest information is not difficult. It is more a case of consistency than anything.
How does one begin this marketing blog for small businesses?
A quick search on google with show an enormous number of places to access free blogs for you to begin.
Marketing a blog is more or less the same way that a website is marketed. Keywords and content are the main thing here. It can be you that writes the content, if you are so inclined, or pay someone to write for you. This part is entirely up to you. However, you want to be sure that the content is relevant, actually worth reading and that your target audience will want to read, if you want them returning. You also want to become familiar with SEO, search engine optimization. SEO will help you optimize your blog to get a better ranking in search engines.
After choosing keywords and published relevant content on your blog, you're ready to start making it known on the internet. Link exchanges are important for your small business marketing blog and exchanging links with similar sites that are relevant to yours, but not in direct competition, is a good way to get noticed. Social book-marking sites, like facebook and twitter, are an excellent way to get your presence known.
There are directories that you can pay to list your blog URL in their directory under the specific category that it applies to. However, many directories have special guidelines you must follow in order to be approved for inclusion, this is fairly straight forward, provided you don't try to have your blog included for a category it is not best suited to.
Another important thing to remember when you have a small business marketing blog, is that if someone leaves you a comment on the blog, you should respond, acknowledging their interest. You can also comment on other blogs that are relevant to yours, leaving a link to your blog at the same time. This will bring visitors to your blog, and you should begin to see an increase in traffic.
It is not rocket science, the trick is patience and consistency, to be successful with Small business blog marketing.
More information on this subject can be found at: Internet Employ
Blog marketing for small business is all about current, or up-to-date news about your business. It is certainly an excellent tool to use to bring your business to the attention of potential customers. However, you must be patient because it is a long process that requires a fair amount of attention to detail. Just because you have a blog does not mean that someone will find it and read about your business, you need to make your business blog known. If you have a website for your business, you can refer to your blog on the website, therefore, those already knowing about your site will be able to access your blog also.
Blog marketing for small businesses is something that, being relatively simple, anyone can do. Having a blog and keeping it up to date with your businesses latest information is not difficult. It is more a case of consistency than anything.
How does one begin this marketing blog for small businesses?
A quick search on google with show an enormous number of places to access free blogs for you to begin.
Marketing a blog is more or less the same way that a website is marketed. Keywords and content are the main thing here. It can be you that writes the content, if you are so inclined, or pay someone to write for you. This part is entirely up to you. However, you want to be sure that the content is relevant, actually worth reading and that your target audience will want to read, if you want them returning. You also want to become familiar with SEO, search engine optimization. SEO will help you optimize your blog to get a better ranking in search engines.
After choosing keywords and published relevant content on your blog, you're ready to start making it known on the internet. Link exchanges are important for your small business marketing blog and exchanging links with similar sites that are relevant to yours, but not in direct competition, is a good way to get noticed. Social book-marking sites, like facebook and twitter, are an excellent way to get your presence known.
There are directories that you can pay to list your blog URL in their directory under the specific category that it applies to. However, many directories have special guidelines you must follow in order to be approved for inclusion, this is fairly straight forward, provided you don't try to have your blog included for a category it is not best suited to.
Another important thing to remember when you have a small business marketing blog, is that if someone leaves you a comment on the blog, you should respond, acknowledging their interest. You can also comment on other blogs that are relevant to yours, leaving a link to your blog at the same time. This will bring visitors to your blog, and you should begin to see an increase in traffic.
It is not rocket science, the trick is patience and consistency, to be successful with Small business blog marketing.
More information on this subject can be found at: Internet Employ
Sunday, December 07, 2008
3 Essential Tools for Starting and Maintaining a Small Business
3 factors that drive the success of small businesses.
1) Acquiring start-up capital
2) Finding customers
3) Accounting for, budgeting and controlling sales and expenses
The following resources will help your small business achieve these success factors.
Acquiring Start-Up Capital
An adequate supply of capital is essential as many profitable businesses fail because they don’t have enough cash to pay their employees and suppliers. But what is an adequate supply of capital? The only way to tell is by doing a significant amount of research on your potential market and formally documenting this in a business plan. I’m sure you know that a business plan is a very important document that is crucial to convincing your banker to lend you money.
There are two ways to obtain a business plan.
1) Do it yourself by amending a business plan template, or
2) Hire a professional to do it for you.
Obviously obtaining 1) will be a great deal cheaper.
Finding Customers
Finding customers is a difficult and expensive task for service business owners such as accountants, lawyers and plumbers. It is believe that a cost effective marketing strategy for service business owners is to simply give all their personal contacts a few business cards.
Accounting For, Budgeting and Controlling Revenue and Expenses
Accurate accounting is very important for small business owners. It’s essential that you have timely access to information that could make or break your business. If stocks are running low – you need to know about it. If a large proportion of your debtors haven’t paid – you need to know about it. If you do not react to these situations quickly you may have a situation where you don’t have enough money to pay your employees – or worse still someone is stealing cash out the till.
Hopefully you now have an idea of some of the tools that you can use to grow and maintain your small business.
1) Acquiring start-up capital
2) Finding customers
3) Accounting for, budgeting and controlling sales and expenses
The following resources will help your small business achieve these success factors.
Acquiring Start-Up Capital
An adequate supply of capital is essential as many profitable businesses fail because they don’t have enough cash to pay their employees and suppliers. But what is an adequate supply of capital? The only way to tell is by doing a significant amount of research on your potential market and formally documenting this in a business plan. I’m sure you know that a business plan is a very important document that is crucial to convincing your banker to lend you money.
There are two ways to obtain a business plan.
1) Do it yourself by amending a business plan template, or
2) Hire a professional to do it for you.
Obviously obtaining 1) will be a great deal cheaper.
Finding Customers
Finding customers is a difficult and expensive task for service business owners such as accountants, lawyers and plumbers. It is believe that a cost effective marketing strategy for service business owners is to simply give all their personal contacts a few business cards.
Accounting For, Budgeting and Controlling Revenue and Expenses
Accurate accounting is very important for small business owners. It’s essential that you have timely access to information that could make or break your business. If stocks are running low – you need to know about it. If a large proportion of your debtors haven’t paid – you need to know about it. If you do not react to these situations quickly you may have a situation where you don’t have enough money to pay your employees – or worse still someone is stealing cash out the till.
Hopefully you now have an idea of some of the tools that you can use to grow and maintain your small business.
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Wednesday, November 19, 2008
Product Review of ListInferno
Concept: Adds Thousands Of 100% Opt-In Leads To Your List
Overall Rating: 5 out of 5
Ease of Use: 5 out of 5
Effectiveness: 5 out of 5
Recommendation: Use Immediately - Major List Building Tool
Price: FREE
Anyone successful on the Internet tells you the gold is in your list. But what if you can't get that list? What if
you're struggling to get just 100 subscribers a week?
Now there's a better solution, that enables anyone to add thousands of 100% opt-in subscribers to their list, with
very little effort.
Technical eMarketer Steve Shaw, the guy behind this tool, says that ListInferno has been designed to "give everyone and anyone the ability to create their own big valuable opt-in list ... this system has been designed to add thousands of opt-in leads to your list for the bare minimum of effort - and it's all 100% free".
So, does it live up to the hype?
When I first took a look at this tool, I thought, "Well, there are some systems similar to this one on the net...
What makes this one so special?"
Then, when I signed up and followed the process in the Setup Wizard, the answer was easy to see. There are some
subtle differences in this tool that make it really stand out. And I'd be willing to bet that these differences may
well make this the most viral list building tool yet seen online.
It's important to realize, that rather than bringing you huge amounts of traffic, this tool brings you what anyone
wanting to make money online needs even more - quality targetted 100% opt-in leads for your list.
This new free tool could well be the easiest, cheapest and fastest way to build your list yet developed. In fact, by jumping on board with this as soon as possible, you could gain a strong advantage over your competitors.
And if they are already signed up, that's even more reason not to waste any more time. After all, the one with the
biggest list usually wins, and makes the most money.
Definitely ride the wave on this: List Inferno
Listen, I've tried this out myself - it's so easy and so effective, it would be pretty dumb not to use it
immediately. Anything that can give you free subscribers for virtually zero effort is worth a try - and this system
can give you lots of those.
Bottom Line: This is probably the most effective list building system we have ever encountered - and quite
possibly there will never be anything like this again. We mean that. We just hope it stays free... You should get it now while it still is.
List Inferno
Overall Rating: 5 out of 5
Ease of Use: 5 out of 5
Effectiveness: 5 out of 5
Recommendation: Use Immediately - Major List Building Tool
Price: FREE
Anyone successful on the Internet tells you the gold is in your list. But what if you can't get that list? What if
you're struggling to get just 100 subscribers a week?
Now there's a better solution, that enables anyone to add thousands of 100% opt-in subscribers to their list, with
very little effort.
Technical eMarketer Steve Shaw, the guy behind this tool, says that ListInferno has been designed to "give everyone and anyone the ability to create their own big valuable opt-in list ... this system has been designed to add thousands of opt-in leads to your list for the bare minimum of effort - and it's all 100% free".
So, does it live up to the hype?
When I first took a look at this tool, I thought, "Well, there are some systems similar to this one on the net...
What makes this one so special?"
Then, when I signed up and followed the process in the Setup Wizard, the answer was easy to see. There are some
subtle differences in this tool that make it really stand out. And I'd be willing to bet that these differences may
well make this the most viral list building tool yet seen online.
It's important to realize, that rather than bringing you huge amounts of traffic, this tool brings you what anyone
wanting to make money online needs even more - quality targetted 100% opt-in leads for your list.
This new free tool could well be the easiest, cheapest and fastest way to build your list yet developed. In fact, by jumping on board with this as soon as possible, you could gain a strong advantage over your competitors.
And if they are already signed up, that's even more reason not to waste any more time. After all, the one with the
biggest list usually wins, and makes the most money.
Definitely ride the wave on this: List Inferno
Listen, I've tried this out myself - it's so easy and so effective, it would be pretty dumb not to use it
immediately. Anything that can give you free subscribers for virtually zero effort is worth a try - and this system
can give you lots of those.
Bottom Line: This is probably the most effective list building system we have ever encountered - and quite
possibly there will never be anything like this again. We mean that. We just hope it stays free... You should get it now while it still is.
List Inferno
The Truth About Creating A Passive Income Online
Creating a passive income online is something that you probably have heard of. Many business opportunities use the idea of “creating a passive income online” to sell you their systems. It works because I’m using this trick too. But does passive income really exists?
In this article, my goal is to share with you some essential truth about creating a passive income online. I know most of you are more keen to learn how to create a passive income online. I’ll talk about it in future. But before I do that, it is important for me to cover some grounds and get your mindset right.
Passive Income Doesn’t Exist!
First of all, I need to get this straight - passive income doesn’t exists, at least not according to what most newbies define as passive income.
Most people define passive income as “making money without having to do anything”. If you are one of them, you will be very disappointed when you realize that this is not true.
Do you realize that whenever you get into an opportunity that ‘claims’ to give you a passive income, you end up being overwhelmed with lots of sh*t and often have to work like a dog? That’s when most people give up.
Truth is, there is no such thing as making money without having to do anything. If such opportunity exists, it’s most likely a scam (unless you’re talking about putting your money in the fixed deposit).
So what is a passive income then?
Here is my definition of a passive income - “A passive income is an income system that does not trade time for money.”
If you go with my definition, you are less likely to be disappointed and more likely to succeed because you’re prepared to work hard to create such a system.
Once you get the definition right, all you have to do is spend most of your time creating different streams of passive income and spend less time making money.
“Huh, what are you talking about, Kenneth?”
If you understand what I am talking about, good for you. If you don’t, let me explain.
Most people spend time to make money. One obvious example is working for a monthly salary. Some other less obvious examples include the following activities:
- Staring at the computer screen to trade the stock market or forex.
- Selling products in Ebay (unless you have plans to turn it into a system).
- Posting ads to sell Clickbank products (unless you have plans to turn it into a system).
- Providing freelance services such as graphic design, article writing etc (I hope my freelancers are not reading this!)
If you are pressured for money, yes, go find a job and do some part-time freelance jobs. But if you want to be rich, spend most of your time creating different streams of passive income.
You need to understand that making money and creating a passive income are two different things.
Creating a passive income may not make you money, although the ultimate goal is to make lots of money passively. When creating a passive income, you are creating a system that does not trade time for money and in the process of creating this system, you may spend more than you earn.
Many people can’t get pass the idea of losing money before making money. That’s why most people fail to create their first passive income online. On the contrary, those who are ‘lucky’ enough to create their first stream of passive income online will continue to create the second stream and third stream because they’re used to the idea of losing some money before getting it all back, multiplied. Another reason is because with their first passive income established, their risk appetite is higher and they are more willing to lose. The last reason is because they are more experienced now.
If you’ve just started out, go find a job to make money. But don’t spent too much time on it. Take 3-5% of your monthly income and most of your spare time to create a passive income online. Online opportunities cost much lesser than offline opportunities and 3-5% should be enough for you to learn the ropes. How soon you’ll see your first passive income established depends on how fast you learn and how hard you work.
Get your definition of passive income right and spend most of your time creating a passive income online. Once you’ve created your first passive income, go on to create the second, the third and more streams of passive income. This is possible since you don’t trade time for money with these systems. This is the sure way to make a fortune rather than just making a living.
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