Archive for the 'Financial Freedom' Category

September Results

Wednesday, October 17th, 2007

OK, I know I’m late … but things have been pretty hectic around here lately, and when you work from home, that’s a good thing! So, here’s what it looked like for the month of September from a production standpoint. Remember, since all of these programs “pay out” at different time schedules, I am actually counting money produced through actual work in September, rather than what came in during the month. In effect, some of this was realized in September, while some will be realized in October.

PayPerPost - $184
Text Link Ads - $50
Google Adsense - $15
AC & other writing - $57
Blogsvertise - $15
Guru.com work - $163
Mahalo - $141

TOTAL - $625

Well, that’s not too much of an improvement over last month, but we’re getting there. Mahalo has come into it’s own this month (October), and the wife and I are already over $1000 for the month. We scraped by last month on the skin of our teeth, and this month will be close as well. This is because a lot of these people have a 30 day wait for your pay (like PPP and Mahalo). However, that being said, we are definitely in the upswing and are looking to more than break even when the cash starts rolling in during November (just in time for Christmas!).

Are You A Bum?

Thursday, October 11th, 2007

Have you heard of ‘bum marketing’ yet? No, this is not where you hire a bunch of street people to hold up signs for advertising your site on the streetcorner … it’s a “new” twist on the article marketing method put out by Travis Slago. It’s a no-brainer really, and you should consider becoming a bum. So what’s the difference between article marketing and bum marketing? There are a few subtle nuances, so let’s take a quick look ..

In article marketing, the objective is to drive traffic and links to your specific website on a certain subject. By writing a dozen articles and distributing them to 50 or 100 article directories, they can provide excellent back-links to your site to boost your Google Page Rank, as well as provide traffic - especially if someone else picks up a copy for their newsletter or ezine. A few people considered using this to promote affiliate programs as well, but the basis was to generate the traffic from mass quantity, rather than the quality of the sites the articles were on.

In bum marketing, however, the objective is to drive affiliate sales, plain and simple. Most article directories won’t allow affiliate links, so you’ll have to drive the traffic to your own landing page and then take them on in to the sales page. Another BIG difference is that we’re not looking for a hudred article directories to submit to. We’re looking for the top 3 - 5 that will get your article indexed by Google and the other major search engines quickly. By targeting long-tail keywords with decent monthly traffic and little specific competition, your site can end up in the top positions of these search engines pretty easily. Then, the traffic comes from actual people doing very specific searches for your product or service, rather than dozens of article sites and ezines. Don’t get me wrong, it’s ok to get traffic from anywhere you want to. However, using this method, you can get your articles indexed anywhere from 24 hours to 2 weeks, depending on the site(s) you submit it to. Then, it’s just a matter of sitting back and waiting for the traffic and sales conversions.

Don’t get me wrong, it’s still not going to be a “get rich quick” program. However, Travis says he averages (after it’s all said and done) about $20 per month per article. So, using 1/2 his average (since my “luck” is never as good as those online ‘guru’ folks), we can develop a simple formula that says if I want $1000 a month, I need 100 articles out there working for me. If I want $3000 a month, then I need 300 articles out there working for me. Will it take time? Yes, it will. However, consider this: by targeting the long-tail keywords within any niche, you will actually have less competition for those terms. Your article could potentially stay at the top of the search engine listings for a long time. So, once you get this system in place at the level you want, it’s only a matter of maintenance.

Just think of it like a sales organization. The regional leader can only be successful if he has hundreds of salesmen out there working for him. In fact, typically he’ll get an override on their sales of a certain percentage. Each salesman working under him may only generate $10 a month income for the regional director. However, by leveraging the power of duplication (sound like an MLM pitch, don’t I … LOL) he can develop a long-term residual income that is semi-stable. You’re always going to have turn-over, but once you get a base of performers established, it’s all maintenance from there on out.

Article marketing is exactly the same way. Bum marketing just takes it to the next level, and makes it even easier, if that’s possible. The biggest deterrent to success with this method will be the same thing it always is: procrastination and paralysis of analysis. Think long, think wrong. Put up or go home.

Endless Opportunity

Thursday, August 16th, 2007

I get distracted fairly easily.  After a quick review of all of my past expriementation and failures, I discovered a definite pattern to these events.  I definitely believe that success is born out of failure, but I’m not so sure thas is true if the failure is self-imposed. 

I started out on this stay-at-home journey just a few short weeks ago.  When I did, I was confident in my ability to achieve success.  Today, as the money gets tighter and tighter, I am losing that confidence.  My confidence is being shaken by circumstances surrounding me.  I’ve lost my focus.  Once again, I’m staring failure in the face.

Looking back over the sites that I’ve logged into my favorites over the past few weeks, it’s apparent that I’ve been in research mode again.  I’ve amassed quite a few newly discovered sites that pay for blogging, blog posts, advertising, and creative freelance writing opportunities.  I’ve done more research than I have actual work effort.  And herein lies the crux of my problem:  I’ve gotten the paralysis of analysis once again.

So how do I break free?  Well, I think part of it must come from a determination made within myself that I will make it happen … no matter what!

Hard Work

Thursday, August 9th, 2007

Working from home is truly hard work.  I’ve honestly never done anything that has required as much mental concentration as this has.  I’ve often thought how nice it would be … but when the natives are restless, it’s a real pain in the rear!

I have found that if you fail to plan, then it is true, that you plan to fail.  Without an actual work schedule, I find myself playing around all day.  Even if I’m on the computer ‘at work’, I still end up surfing through my e-mail, working on personal blog and ministry projects, etc.  The list goes on and on.  How is it that I can’t stay focused on the task at hand?

Who knows … maybe it’s human instinct.  Somewhere deep down inside, I think that I’m supposed to leave the cave in order to go and find food.  All I know is this:  working at home is hard work.

July’s Wrap-Up

Monday, August 6th, 2007

Well, another month has passed, and it’s time to do another wrap-up for the month.  Here’s where I ended up for the month of July:

  • Associated Content - $46.73
  • IRA (Internet Marketing Associates) - $139
  • Text Link Ads - $38.88
  • Google Adsense - $7.28
  • Total for July - $239.81

Well, despite the increase, this is still pennies compared to what I need to be making, know what I mean?

I’m still working on getting back up and running with Pay Per Post, and hopefully a couple of other blog advertisers as well.  If that kicks in and I can stay focused, I can probably hit my short-term goals.

I’m getting ready to drop one of the programs listed above, despite the fact that it paid decent money last month.  I’ll explain more in my next post, but it goes back to what I’ve said about writing for money before.  You have to know what you are worth, and stick to your guns!

Cha Cha: A Review

Friday, July 20th, 2007

If you’ve been looking to earn a living online for very long, then you’ve probably heard of Cha Cha.  Cha Cha is a new search model for the Internet, that has a human component.

Here’s how it works.  Someone visits the Cha Cha website, and puts in a search term and asks for a “guide”.  The guide is a real, live, human who will research the term on their computer, screen the results, and return only the best, most relevant results to the person making the request.  Once the search is completed, the user gets to rate the guide and his or her overall experience with the site.

So what does this have to do with making money online?  Well, as I said before, the Cha Cha guides are real, live humans.  They work from home, and they get paid.  At first it sounds like a wonderful concept.  In fact, there is an affilate aspect to it, as you can also get paid for the searches completed by your referral network.  It is supposed to range from $5 an hour to $10 an hour (once you figure in the referrals, that is).  However, you don’t get paid to be ‘on call’, only for the actual time on a search, or for training new guides (once you yourself are qualified).

Because of this, I would not recommend Cha Cha as a great money maker.  I’m sure it will serve it’s purpose for some people who are looking to earn some extra cash, but I don’t believe it will appeal to those seeking to gain their financial freedom and buy back some of their time from the ivory tower.

Freelance Writing, Discovery Of A New World

Monday, July 16th, 2007

Well, if you’ve been following my exploits, you know that I’ve picked up some gigs online doing freelance writing.  Now this isn’t the traditional sort of freelance writing where you submit a query letter to a number of publishers and, if you’re lucky, someone picks your idea to pay you to write an article.

This is more of the web-driven economics in action.  Content is king here on the Internet, and people are looking for massive amounts of content to go on their websites.  As a coder friend of mine put it “everyone hates documentation”.  Well, all but the freelance writer, that is.

Now I have done some research in the past and discovered that traditional print writers get paid as low as 1/4 of a cent per word, up to several dollars per word in a good market.  Online, it’s the same way.  If you sell your soul to the wrong people, you can make peanuts.  If you take your time and search around, you can build partnerships with folks willing to pay for excellent, SEO optimized, content.

I’ve landed some jobs paying less than 1 cent per word, and I’ve had some opportunities to earn 5 cents or more per word.  There are markets out there that pay more, but I have not broken into them yet (at least I’m told they are out there … LOL). 

Freelance writing can be a profitable venture, if you take the time to do your research and find the places that pay decent money.  Two of my favorite sites are Associated Content and Pay Per Post.  Associated Content pays from $3 to $20 for articles they approve for distribution and publication on their site.  Pay Per Post pays anywhere from $5 to $20 for a blog post advertising a particular item, or just creating some  buzz about the product.  They do have quite a few higher paying opportunites over there at PPP as well, but you have to get your Google PR and Alexa rank for your blog doing quite well to take advantage of that market segment.

Overall, freelancing is something that I would encourage anyone looking to earn a living online to look into.  It’s easy, it can be fun, and it is done on your schedule.  That, perhaps, is the best part.

Rejection by PPP

Monday, July 9th, 2007

Who would have thought it?  I’ve submitted four blogs to Pay Per Post, including this one, which is simply a resurrected copy of a blog I had previously approved through them.  And guess what?  You got it … rejection!

Yes, all four of them were rejected.  Be sure and read the small print when you sign up for Pay Per Post.  While it’s not hard to meet their criteria, it is very important to do so.  I still recommend PPP, but make sure you do your homework before submitting your blog.

Key points include:

  • Blog must have existed for 90 days
  • Blog must have at least 20 post in the last 90 days
  • Blog posts must be completely visible on the front page, no truncation
  • There cannot be a period of no posts greater than 30+ days in the last 90 day period

To their credit, this simply means that they want to make sure that you are serious about blogging.  This helps to ensure that their advertisers get the most bang for their buck.  I completely understand that.  It still doesn’t mean that I’m not disappointed.  Oh well, back to the drawing board.

June’s Results Are In

Tuesday, July 3rd, 2007

OK, well, it is time to take a look at the overall results for the month of June.  Some things have increased, and others have faded away.  Overall not too bad.  OK, so drum roll please …

  • Associated Content - $3.12
  • Google Adsense - $3.35
  • Text Link Ads - $33.83
  • Resume Writing - $25.00
  • TOTAL for June = $ 65.35

I guess it is a good thing that my wife picked up a good graphic layout job at the end of the month.  This month you will see a significant increase, especially since I have taken the leap of faith, and I am now home full time. :-)

We’ve Moved … Time To Tell PPP

Friday, June 29th, 2007

Well, we’ve moved the blog.  Overall, that was a bad decision.  You might ask why?  Well, let me tell you why.  First off, we lost all of our Alexa ranking and Google page ranking for the blog.  Next, we forgot to tell Pay Per Post.  And lastly, because of our lack of attention, it will take some time to get everything geared back up again, and back in the swing of posting.  Usually, I averaged several posts per week, but now I’m having to play catch up.

Oh well, we’re in the process of re-submitting the blog to PPP in order to gain approval.  We’ll see what happens.