diydollars.com header image 1

Is 2008 Your Year for Making Money?

January 4th, 2008 · 26 Comments

To a certain degree, we are all subject to fate from the time we’re born. The Bible says a leopard can’t change it’s spots - which means there are some things that are just meant to be and no matter what they will happen. But the good Book also says a lot of things about money, about wisdom, and about hard work. Specifically, it speaks favorably about them.

Now, I look for wisdom wherever it presents itself. I listen to good advice whenever it’s given to me. And one thing I keep hearing (and I see demonstrated) over and over is that if you strive for something, you can get it.

So while there are certain things in your life that are unchangeable, there are probably MORE things that you CAN change. You can achieve far more than you might imagine, but to do so you need to expand your mind and remove the limits you’ve placed on yourself. You need to imagine new possibilities for yourself and you must maintain within yourself an attitude of strength and victory.

The people who “make it” aren’t the ones who got lucky. They’re not the ones who had their dream job handed to them out of the blue. They usually aren’t people who were privileged from birth.

The 1% of the richest people in your town aren’t the top 1% smartest people in your town - I promise.

Successful people usually are people who simply saw what they wanted, and seized it. They liked what they imagined and decided to make it happen. They dreamed about something and it never occurred to them that it couldn’t be real.

Do you want to be a success in 2008?  Sure you do. And I have good news: there’s nothing stopping you.

What I love about the internet are the limitless opportunities that present themselves to me each week - enough opportunities to make me a millionaire if do things right. And we all can do it - at least, we all have the capabilities to do it. What an amazing thing.

I don’t know what my fate is for this year. But I don’t care: I can’t know my fate. All I can know for SURE are the possibilities that my life holds. So I plan on striving for my goals during this next year and doing better than I did in 2007.

For you, I wish the same: that you are more successful than you were last year, and that you focus on the possibilities open to you. If you look forward to what you can achieve and determine to be a success at it, nothing can stop you.

Here’s to 2008, and here’s to all of us making more money!

Popularity: 41% [?]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • del.icio.us
  • Digg
  • Technorati
  • Shadows

→ 26 CommentsTags: Advice & Inspiration

Three Areas of Internet Marketing Success: #2 - THE PRODUCT

December 19th, 2007 · 15 Comments

If you’re a marketer-in-the-making, you need a product to sell. Successful marketers find something to sell and they do it the right way. So what does it take to find the right product? How do you know if something totally sucks, or if it’s great? Where do you find products? How many jellybeans are in the jar at the county fair? Lotsa questions.

PRODUCTS ARE EVERYWHERE

You, as an upstanding IM with the same internet that I use and at least as much brain power, can find stuff to sell. It’s everywhere. Every website you visit either has an affiliate program or there’s a competing/similar website with an affiliate program. So get in the habit of scrolling to the bottom of websites and looking for words like “Affiliates” or “Webmasters” and there ya go. Sign up and put your login details into a spreadsheet named “affiliate_accounts.xls” and have fields like “Program”, “Aff. URL”, “Username”, “Password”, “Payout”, “# Prods”, “Tools”. In the Payout field, list the percentage or dollar amount. In the Tools field, list the types of tools they offer (if any).

So that’s one way. Another way (the way I find most convenient) is to sign up with MaxBounty, CJ, ShareaSale, etc. where you can get a ton of links from one place and do it easy. Why is this so good? Well, think about the fact that it COULD take months to accrue enough affiliate sales with an individual website or for one particular product. Usually, in order to receive your first payout you need $50 or $100. See what I mean? You could be waiting forever to get your money when dealing with onesies. With a company that aggregates a whole bunch of products from different places, you can get paid much easier much faster because you are selling one or two items from a LOT of companies all at once.

EVERY MARKET IS SATURATED

Learn that right now. There is simply NO market that isn’t saturated, where no one is selling a particular product, and where you won’t have to actually do some work in order to make some money at it.

Now you know I’m all for newbies and you know I consider myself a student of all things at all times and not some kind of know-it-all, but I’m sick of seeing newbies on forums and in blog comments asking about stupid things like “niches that are unsaturated”. If you look up just about ANYTHING you’re going to have thousands of links to compete with, on some level. Even if I decided I wanted to purchase something bizarre and I entered “buy rancid snacks” in Google, there’s 24,000+ search results. And for real things people want to buy, there’s always a bunch of existing pages people have built for that product.

But you know what?? 95% of all aff. marketers either just suck, or they get bored, or they get a real job or they get a girlfriend - so they end up quitting. (And 2% don’t suck, but they move on to other products.) So if you are going to actually build a bunch of pages/sites for your product and so ACTUAL promotion & link building then guess what? You’re in the elite minority of people selling that product.

Every market is saturated. Every niche is saturated. Just accept that as a tenet of affiliate marketing faith, and then move on because you don’t care. You’re gonna do a better marketing job than over 95% of all the other players in that niche - so whether the market is saturated or not is really a moot point, isn’t it?

THERE’S SOMEONE, SOMEWHERE WHO WILL BUY NOW 

The hard part of affiliate marketing isn’t related to the “best” niche. The ultimate question isn’t even which merchant “converts” the best. Which affiliate network you use isn’t the most important thing. Why? Because for any product, at any time of day, any time of year - someone will buy it.  So if you really were to ask the ultimate question of affiliate marketing it won’t have as much to do with the choice of product or niche - the challenge lies in how you pair the right buyer with the right product.

No matter what product you pick - a cell phone for elderly people, a beer-making kit, a maternity bra, absinthe, bachelorette party supplies - someone is looking for it right now at this very moment so they can buy it. Your job is to pick a product and present it to enough potential buyers enough times so that someone buys. It really is that simple.

So what am I saying about the “Product” part of Internet Marketing Success? I’m saying a few simple things, here they are restated:

  1. Get yourself a bunch of products to sell. If you join affiliate networks you can make the task a little easier. Stay organized; spreadsheets can help with this.
  2. Don’t obsess over which niche is least competitive or which one is less saturated with other sellers. Just make sure you do your best and you focus on the task at hand.
  3. Whatever products you pick, know this: there’s a buyer out there, right now. How will you get them to see your product? That’s your job.

So pick your products, stay organized, and start selling. You wanna know how to sell? Who to sell to? What to do?

Step-by-step?

Oh…OK. But I’m saving that for next time…in Part 3.

Popularity: 37% [?]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • del.icio.us
  • Digg
  • Technorati
  • Shadows

→ 15 CommentsTags: Advice & Inspiration

Three Areas of Internet Marketing Success - #1: THE MARKETER

December 10th, 2007 · 6 Comments

While there is no “one” real answer for how to be successful at making money online, it sometimes can facilitate learning about how to make money by breaking the task at hand into small chunks. (Like eating an elephant, or eating one of those huge burritos from Chipotle.)

I’ve been more and more successful each month in my quest to make money using my trusty computer, and I was trying to figure out what I’ve learned since starting out. I figured that the keys to success involve three main arenas, namely the marketplace, the marketer (me), and the guy who ultimately buys the product.

So what have I learned about all this? Well as it turns out, things are pretty basic and fairly simple when I broke it all down. I’m gonna talk about me (or you) right now - the marketer. The person who is trying to make money, and who has a dream of quitting the dead-end day job and sitting at home watching the daily CJ.com sales rack up.

Marketing success for the marketer necessitates that the marketer do three things. I really mean it - three things. It doesn’t matter what membership sites you pay for each month, it doesn’t matter which keyword tool(s) you use, and it doesn’t matter how young you are or how old you are or which scripting language you think might be the best.

Here’s all that matters, at the very core of your being:

You stay hungry for success. First and foremost, you need to have the drive to succeed because without it you’ll quit when things aren’t fun or when you get bored. You need to want those sales and you need to envision getting more sign-ups each month and more clicks each day. I was watching the World Poker Tournament last night, and Moneymaker was on there setting up. Him and some other guy at the table each had their headphones on, and it turned out that they both had the exact same cheesy 80’s music (Eye of the Tiger) so they’d be pumped up.

Hey that’s cool - whatever works. Christ Moneymaker won the tourney a few years ago, so he must know a thing or two. And whatever you find works for you, you should do it. Stay motivated and always be hungry for success because it’s out there and someone’s going to attain it.

(Oh yeah as a side note: think about the fact that there are millions of dollars being spent online each day. People have money. And they spend it on tangible products that they order, they spend it on ebooks and downloadable software, they spend it on videos and pictures, they spend it on MP3s, they buy all kinds of crap cool stuff. And all you want is $100 or $200 a day outta all that dough. So come on…it can be done. Should be easy right? The money’s out there.)

You stay thirsty for knowledge. Sure, when you go to an inner-city school you better act like you hate books or you’ll probably get beat up/laughed at/killed or something - but now that you don’t have to act like everyone else for the sake of safety you can act smart again. And you should - because one of the hallmarks of success in this arena is that you’re apt to learn new things on a regular basis. Every week or so, there’s SOMETHING new I come across, and I have to either 1) ignore it and never take advantage of it or 2) look it up and read about it and maybe USE it to make more $$$.

It could be something as simple as a term you never heard before, say…”cookie stuffing”. At first you believe it to be a delicious dessert but then you realize it’s a blackhat aff marketing technique (which is almost equally delicious).

Or maybe you think up a new technique you want to try out, but you don’t know how…so you go to w3schools.com and look up the PHP functions you need and you hammer out some code.

Whatever. If you’re gonna make money online, you need to keep learning. Sure it gets boring to read nothing but PHP books all the time, so maybe read something purely entertaining once in a while like The Amazing Adventures of Kavalier & Clay.

You stay active. I need to take my own advice more often, but here it is for you: always be building. There’s nothing more simple than that, right? Just keep making websites. Make a bunch of them that auto-update. Make a couple that you update by hand. Make a bunch that are on WordPress. Make some that use Joomla. Throw up a directory site and put up a search engine. Make a bunch of sites, and make them on a regular basis.

Why would you want to do that? Because the more hooks you have in the water, the more fish you’ll catch. And you’ll also lose hooks on a regular basis,  not to mention that some hooks will just not catch fish because the fish won’t bite. And I’m going too far with this analogy. But in the world of aff marketing and making money online in general, numbers are all-important. You’re counting on a percentage of hits to result in sales, and the more hits the better. So build more sites, and keep building them, and your income will increase. This, probably, is the only proven thing that just plain WORKS in the world of aff marketing.

So there you have the three habits of a successful money-maker. Oh yeah, and look both ways before crossing the street and don’t take candy from strangers.

Stay tuned for part two…

Popularity: 33% [?]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • del.icio.us
  • Digg
  • Technorati
  • Shadows

→ 6 CommentsTags: Advice & Inspiration

Real Money (Real FAST) in Real Estate

November 28th, 2007 · 9 Comments

Today I will be going to a closing for a house. I am not the seller. I am not the buyer. I am the middleman and I will only drop by the title company’s office to pick up my check. No signing stacks of forms. No spending hours pouring over contracts and initialing each page!

For years I have been extremely interested in real estate. Since we bought our first home over 5 years ago, I became somewhat obsessed with houses. Back then, we were on a budget and so many homes we looked at we fixer-uppers. But that didn’t bother me at all- I looked and saw the potential, both in the house and in the EQUITY! Ever since then, wherever I go, I always end up looking at properties. I can’t help myself.

Before Hurricane Katrina, we were looking to buy a rental. Then we had to relocate and things came up and I had other things to deal with (like a new baby, etc.). When we wanted to move back, I called a guy who advertised in the Minneapolis Craig’s List site in the real estate services section. I wanted to sell our house fast and wanted to see what he could do. His ad said he bought houses. To put it shortly, he assisted us in selling our house very quickly through a lease option agreement. (More about that in another post.) But I remember when I first met him I was very surprised to see that he was so young (mid 20s). It was then that I was compelled to get into real estate investing as soon as we moved.

And that’s what I did. As soon as we moved back, I started going to my local REIA meetings (mostly for the networking). I read some real estate investing books. I started advertising that I buy houses for cash. I lined up a hard money lender. Within one week of my first ad, I had a call. Then another. Of course, they did not all turn into deals. And I am still new and have so much to learn. But within two months of starting out, I signed my first real deal for $4000. And here’s how I did it.

1. I saw an ad for a house for sale that had major fire damage. I got the details.

2. I drove by and looked at it. I estimated what I thought it would cost to fix it, considering that I wasn’t going to do any of the work myself.

3. The house was originally advertised for $40,000 OBO. I offered $19,000. They accepted.

4. We got together and I signed the contract.

5. As soon as I got to my computer, I advertised the house for $25,000. Within one week, I had a list of 6 potential buyers.

6. The following week I assigned the contract to another buyer for $23,000.

It sounds easy. And I guess it is. BUT, I do not want to oversimplify. What would have happened if I couldn’t find a buyer? I was on a short time frame since the original contract I signed specified closing within one month. It was a bit daunting to have signed a contract to buy that house though I did not really want to be involved in a major rehab project at that time.

But that’s what I did. I got a house under contract and then turned around and immediately assigned it. And two weeks later, I did it again.

Along the way, I talked to many other investors and most have been fairly helpful. I built up a buyers list so that I have contacts for the next time I have a property to sell. I’ve met a few others who prefer to be money partners. And I am still looking at properties- still looking for the next deal. And still learning along the way.

Popularity: 34% [?]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • del.icio.us
  • Digg
  • Technorati
  • Shadows

→ 9 CommentsTags: Business How-To's

The Best SEO Blogs You’ve Never Heard Of

November 27th, 2007 · 3 Comments

Here is a short list of some of the better SEO-related blogs that I’ve found. These aren’t all as “well-known” as some of the other ones out there but I have found some excellent information on these and I just wanted to recommend them to ya’ll.

http://hamletbatista.com/

http://www.seo4fun.com/blog/

http://www.seofaststart.com/

http://www.tellinya.com/

http://www.seoegghead.com/

Popularity: 16% [?]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • del.icio.us
  • Digg
  • Technorati
  • Shadows

→ 3 CommentsTags: SEO