Buy a Blog
May 30, 2007
Thinking about starting an Internet business but don’t want to start from scratch? If you have a few thousand spare, you could consider buying an existing blog.
This blog: http://tutorialblog.org/ is listed for sale on sitepoint. It has been bid up to $35,000, but the seller from Manchester, UK will accept $100,000 if you buy the blog now. The blog owner claims to have 120,000 unique visitors a month, and earns over $3000 a month from it.Â
Is it really worth buying an existing blog? If you have little experience in blogging, I would err on the side of caution. You’ve really got to like writing to blog on a daily basis, and also, if you don’t have the technical experience to continue to monetise the blog, it could rapidly turn into a loser.Â
It will be interesting to see how much the blog goes for at the end of auction, but I imagine it will go to an experienced blogger with the knowledge to increase the earning capacity of the blog.
How To Become A Domain Name Millionaire
May 26, 2007
Think it’s impossible to become a domain name millionaire? Think again. Kevin Ham generates $70 million a year from his 300,000 domain names.  Registering so many domain names to make a profit is clearly a numbers game as this only works out at $233.33 profit per site each year.Â
Obviously, we can’t all afford to go out and buy 300,000 domain names, but consider the potential of buying 1000, monetising them with adsense or yahoo search ads, and waiting for the cash to mount up. Not a bad way at all of earning over $200,000 profit per year.
Ham has also found a way to take advantage of dot cm typos. When someone types a popular word such as digitalcameras into their browser, and mistypes the .com putting in .cm instead, they are automatically taken to one of Kevin’s Agoga sites, which are completely monitised by Yahoo Search Advertising.
Of course, many of the best domains are taken, but there’s still plenty of good ones available, for those who are willing to do a bit of digging.
What is the Secret of Richard Branson’s Success?
May 24, 2007
Richard Branson, founder of Virgin is a billionaire, and one of the richest people in the world. You may not want to be a billionaire but, knowing some of the secrets to his business success might be useful in getting you to where you want to be.
Branson obviously has many qualities, but one of his greatest is the fact that he’s not afraid to take risks. He takes risks that most people would never dream of. For example, Virgin Atlantic was born when a flight he was waiting for was delayed. Rather than just sit round waiting, or moan at airline employees, like most people would, Richard chartered a plane and got himself a board advertising flights for sale.
I’m not saying you need to go out and charter a plane to be successful, or take massive risks. You just need to move out of your comfort zone a little. Do something different, something you’re not comfortable, or familiar with every day, even if it’s just a small thing, and soon you’ll be finding that you’re taking bigger and bolder risks.
How Can You Achieve Financial Freedom?
May 23, 2007
Some people are constantly looking for the latest ideas to achieve financial freedom. But, the trouble is, they’re often looking in the wrong places.
For example, the Million Dollar homepage was an instant success for Alex Tew. But hundreds of copycats failed to achieve the same success.
What they failed to realise that whilst the idea was pretty good, it was the story behind it and the way that it was marketed that made the Million Dollar homepage successful.
The trouble is, too many people are always looking for the latest idea that will make them a fortune overnight. They try it for a short while and when it doesn’t work, they move on to the next fad.
If this sounds like you - stop looking for the latest idea to make money overnight, and find and build something unique, and financial freedom will eventually be in your reach - if you work at it.
Follow these tips, and make sure you’re not led astray by the latest idea brigade:
Avoid clicking on any banners or links that promise to turn $12 into $120,000 dollars in a month - they’re scams.
Be persistent - choose what type of business you want to go into, and concentrate on building it and improving it until you’ve achieved your goals.
Treat achieving financial freedom as something you’re aiming towards in the distant future. Don’t expect it to happen overnight and you’ll have more fun getting there.
Don’t jump on the bandwagon. If everyone’s doing the same thing, it’s unlikely to make you a fortune.
Fix a goal in your mind of what financial freedom means to you. For some people, it might mean earning $2000.00 a month, whilst others may not be happy until they have assets of $100 million or more. Whatever your financial goals, you need to have a clear picture of what you’re aiming for, or you’ll never be able to get there.
