Showing posts with label Passive income. Show all posts
Showing posts with label Passive income. Show all posts

Wednesday, 23 May 2018

Blogging Your Way to Wealth and Fame

Blogging your way to wealth and fame will not happen in an instant. Because it requires the most important ingredient of success and it is called time. It is time that will take you all the way to blogging wealth and fame. Along with direction and compelling unique content without which there can be no success. Blogging your way to wealth and fame starts with your profitable niche. And then the target keywords related to that niche.
This is the most important part of blogging which is why it is also referred to as direction. Without direction you will receive visitors that are not even remotely interested in your content. And that will skyrocket your blog bounce rate. Which is an indication to search engines that audiences do not enjoy your blog.
What is your Profitable Niche?
Your profitable niche is the secret when blogging your way to wealth and fame. It is that one thing you love doing most. If you love that activity enough then you will also have quite some knowledge on the subject. Which is why many a hobby have turned surprisingly profitable. Online success is only imminent when you love what you do. Because when you truly love what you do, then it will be impossible to give up.
What are Target Keywords?
Target keywords are the single words that describe your profitable niche best. And with the Google keyword planner you must research keywords with a high search volume and low competition. Choose the one keyword with the highest search volume and lowest competition. Then make that one keyword the first word of your blog title. Also try to include that single more important keyword within your blog domain name.
Domain and Blog Title?
With the above mentioned target keyword research and your profitable niche. Choose a domain that is not too long and also easily remembered. As should your blog title be. The title however must demonstrate direct relevance to what your blog is about. The blog title must not exceed 60 characters while also counting spaces.
Where must I place the Target Keywords?
Your primary target keyword must be present in your blog domain. And also as the first word of the blog title. But that is just the one primary keyword you want your blog to rank for. You should have several target keywords. You can place more than one target keyword in the blog title providing it is within context. Your blog title is also known as the h1 header.
And like a chain reaction the blog title should be the first words starting the blog meta description. See how that primary target keyword remain a constant, as the first word? But why is that?
Because that is how you tell search engine spiders or crawlers exactly what your blog is about. And in doing that you simplify the indexing technicalities and ultimately boost the blog ranking capability.
There is also the h2 header or also known as the blog post title. So the keywords you wish to target with the content must be present in the blog post title. But with the blog post you also want to pay attention to things like writing. The presence of transition words and preferable absence of passive voice writing.
Furthermore there are image alt tags like with featured images. And these alt tags must also contain the keywords. This way even your features images can be indexed and serve as an internal link. Professional SEO requires a lot of attention. Which is why the majority of professional blogging rock stars (so to speak) all use the Yoast SEO plugin (over 7 million users).
How many words must a Blog Post and Page Contain?
Providing the content is populated with the target keywords and search phrases. It is recommended that content be no less than 1000 - 2000 words. And this goes for both blog pages and posts.
But how often should you come up with this much Compelling Useful Content?
In my opinion. Take your time and work on a post or page so compelling and useful that it cannot be ignored. At least one high quality outstanding post per month. This will require a lot of research because compelling content is something that cannot be found elsewhere online. Offer a proven solution to a common identified need within your niche. And do this with every post and page. Because that is how you get recognised as a professional.
But how will I actually Make Money?
Simple. With a high quality blog you will receive a lot of targeted visitors and also gain subscribers for your email list. Having your own blog and email list is where you promote affiliate products. This is easily obtained by creating a free affiliate membership with ClickBank. Which is the one of the largest digital sales platform online with over 300k products to choose from.
But affiliate marketing and ClickBank is an entire discussion on its own. And a rather large discussion because there is a lot of misdirection on this method. Always remember, there is no such thing as instant fame and fortune. Success requires hard work be it online or otherwise.


Sunday, 20 May 2018

What Is Passive Income And Wealth Building?

Have you ever thought of keeping on 'earning money while doing nothing'? Isn't it a great idea? O yes, it is. All of us want to earn and keep on earning money in abundance without doing a job or work. Some people may feel this thing like a dream, not reality. But, it is quite possible. However, it needs a lot of intelligence, smart work, the right usage of time and energy, experience and knowledge, and a long journey, no doubt.
Today I'm going to talk about passive income and wealth building. There are two types of income: active, and passive. Active income needs you to keep on working constantly like a regular 9-5 job. If you are jobless or fired from the job, unluckily, you will stop getting paychecks. No work; no paycheck. It is that simple. On the other hand, passive income doesn't need you to go to office daily and work for 6-8 hours.
So, how is it possible to have money in abundance and coming continuously while staying at home and having fun? For this type of income, you need to build assets and wealth, like:
  • Purchase a property, plaza/shop/mall etc. and rent it out. You will get a handsome amount of rent money every month.
  • Set up a gym, beauty salon, wellness club etc. and hire a team of professionals to run it. Your team will work and earn for you.
  • If you have writing talent and can write good books, you can earn money with this talent. Once you write a book, you will keep on earning the royalty as long as the book is on sale. Amazon online book store gives you an opportunity to publish your book there free of cost.
These are a few ideas for earning passive income. But the ideas of purchasing a property and setting up a gym/beauty salon/wellness club needs a great investment. And the idea of book writing requires a great writing talent. Investment and writing capability is not possessed by all of us. Therefore, all the three ideas are not possible for everyone. So, how can you earn passive income and build wealth?
One of the easiest and the most feasible ways of building wealth and assets, and creating a source of passive income is to join a Direct Sales and Network Marketing company.
First of all, let me give you the idea what Direct Sales and Network Marketing companies are:
A direct sales company sells its products through individual distributors. It has authorized shop/dealers to run the business. Its products are not available on retail stores and common shops. You won't see any type of advertisement of the company and products on media. If you want to have their product(s), you need to join them as distributor or purchase through any authorized distributor. That's why, it is called direct sales company.
You join such a company through a distributor who performs as a 'sponsor' for you. He/she introduces you to the system and products, and you join as his/her 'downline' or 'network'. An authorized distributor can spread his/her network to thousands of people by sponsoring them. When you join a company under one's sponsorship, you too become an authorized distributor. Then you also invite new people for purchasing company's products and join it also. The bigger the network grows; the more you and the company earn. If you have an initial network of three people, they will make their network of three persons each. That way, you all will grow. Each of the individual distributor will get his/her own profit as well as a fixed chunk of the sales done by the 'downline'. That's why, it is called a network marketing company. Generally, all the companies in this category work on both the models: direct sales and network marketing.
If you want to join such a company, first of all, do research about the Network Marketing companies in your state/country. Have answers of these questions first of all.
  • Which field you like the most and the feasible one for you? Like there are the fields of health, food, fashion accessories and cosmetics, electronics etc.
  • How much time can you spare for it like a few hours daily or weekends only?
  • What skills and right strategy do you need to achieve success in the respective field?
  • What talent and characteristics you already possess and can polish to help you in the work, for example, do you have presentation and communication skills?
  • What products you are excited about; you need and want to use yourself?
  • Are the products beneficial and interesting enough to persuade common people to use them?
  • How much time you need to start earning, a few months or more than a year for example?
  • What is the company's compensation plan? How much can you earn on monthly basis?
Don't forget to check out the rules and regulations of the company you want to join. This is very much necessary for avoiding any misconduct and breach of rules.
21st century is called the century of Direct Sales and Network Marketing business. The beauty of this business is that it doesn't need a business administration degree, huge investment, and hiring an office building etc. It just needs determination, a burning desire for freedom of money and time, willingness to learn new things, and a strong will power to do anything to achieve success. Direct Sales and Network Marketing companies give you training which won't be free of cost. This training is going to let you know how to work as a distributor and develop a network.
Around the world, there are hundreds of Direct Sales and Network Marketing companies. Some are working on country level and some on international level also, allowing any person of any creed, color, religion, and nationality to join. This is declared a superb source of passive income and wealth building. A few of the initial years are tough but after that, you have to do nothing. Money will automatically come to you.
If you want to have a great source of passive income, join a Direct Sales and Network Marketing company in your area.



Wednesday, 9 May 2018

Achieve Financial Freedom and Make Money Through Multiple Streams of Income

This article is written to offer everyone ways and means to make money to achieve financial freedom through multiple streams of income. This is not about getting tips and advice on how to be instant millionaire overnight or make easy and fast money but this will specifically pertain to proven and tested ways to earn lifetime multiple streams of income and become less reliant on your job.
Existing Ways to Make Money
As an overview of this discussion, these are the different types and sources of income currently available today that allows everyone to make money and generate income for a living.
Sources
* Primary - This is the common source of income provided by your employer by means of giving you a salary or wage and benefits to compensate your work for your employer. Here you only make money when you work for your employer.
* Alternative - This is the income you generate from other means or sources other than a regular office work or job. Many people make money simply by blogging, income through investment, selling on eBay, online business, etc.
Types
* Earned or Active - You work for money. You stop earning money as you stop spending time doing the work which is the source of your income.
* Residual or Passive - Money works for you! Unlike the earned or active income, income-generation does not stop even when you stop working.
Given the two types of income, it will be wise to broaden your income by having multiple streams of income and intentionally shift toward more residual or passive income generation.
What Makes Passive and Residual Income a MUST to Everyone!
Having multiple streams of income is necessary to achieve financial freedom. This greatly increases your overall income hastening up accumulation of financial wealth. This will enable you to be less reliant on your primary source of income, which is your current job, and eventually replace your primary source of income to achieve financial freedom.
Hence, building multiple streams of income is a must to everyone today, and this becomes even more obvious because of the following reasons:
* If in case you lose your job, your income does not "disappear" but is only "lessened" as you still make money and generate income through your passive multiple streams of income.
* As you ascend the corporate ladder, the more difficult it becomes to look for an equivalent job that gives you the same compensation in the event that you lose your job.
* Multiple streams of income accelerate your goal to achieve financial freedom. After all, the gauge that you have already achieved financial freedom is when you are no longer dependent on your job to sustain your living expenses.
* Multiple streams of income provide you leverage and better flexibility. You are in a far better position when you know you are not dependent on your job to survive.
With a few exceptions, the idea of maintaining a fixed-paying regular job is dead; it is very risky to depend on a single source of income, since many companies do not dillydally reduce manpower for cost-cutting measures. I believe it is a must that everyone reduces their income risk by having multiple streams of income.
It took you a great amount of money, effort, and time landing on your current job right now. Most companies require a college diploma and some necessitates further training and education. Four years of studies in college took much of your money, effort, and time! Spending 15 minutes a week to have multiple streams of income that give you at least $1,000.00 a month wouldn't be too bad!
When you've set up a stream of income (a residual and passive one) you may venture into another one and the one you've already set up still continuous to make money and generate you income, hence the passive principle. To cite an example, if you have a stream of income that gives you at least $10,000 a month, you will continue to make money of the same amount at the minimum, as income generation increases even if you do nothing about it, hence the passive principle. In contrast, when you cease to report for work in your office job, you cease make money as you cease to receive your regular pay.
Important Values to Make it Big in Multiple Streams of Income Business
As we've earlier stated, we don't believe in get-rich-instantly schemes and be warned of several bogus that promise such deceptive schemes. We propose that one must keep in mind these important values if you really want to make money to achieve financial freedom by having multiple streams of income:
1. Love - Pursue what you really love doing and are passionate about.
2. Skill - Devote yourself into enhancing your skills and become an expert.
3. Perseverance - Never expect quick results. Be patient and persevere until you've achieved a degree of success and persevere to succeed even more.
4. Flexibility - Some things will need more of your efforts than others before you are able to get the desired results.
5. Determination - Other ideas might work but there are those who do not, just keep on trying and don't be disheartened. Be determined until you've unlocked the right marketing tool that works for you.
6. Expand - Don't be contented with your initial success; pursue other income opportunities to make money and spread your income-generation capacity.
7. Incremental - Incremental income from multiple sources sums up to a decent amount of overall income.
Be a Part-Time Businessman
As we have earlier pointed out, it is too risky to solely depend on your current job as your only source of income. Hence, a wise alternative is to become a part-time businessman. Being a part-time businessman will allow you to keep your regular job plus benefits while giving you great opportunities to expand and explore other alternative ways to have multiple streams of income. As a part-time businessman, you work at your own pace to build your multiple streams of income and make money to achieve financial freedom.
Getting Started
Here are some few but important steps to get you started having multiple streams of income:
1. Begin with the things that you love doing. The rationale is for you to stop doing what you actually detest and dislike doing. You'll be devoting time pursuing your business so you should do only what you are passionate about.
2. Have a concrete business plan. Research and design a good business plan. You would definitely want to venture only into a business that is viable and will truly enable you to achieve financial freedom.
3. Apply and accomplish. Great dreams never turn into realities unless your business plans are executed and implemented. This entails great courage and determination to achieve the result you've always wanted to have.
4. Continuously learn to improve. Not all people succeed on their first business venture. Learn from your past mistakes and let the collective experience achieve ensuing success.
Where Do You Use the Extra Income?
There are various opportunities that become possible for you to do once extra money starts flowing in as you continue to pursue to make money to achieve financial freedom. Here are some of them:
1. Settle debts.
2. Save for emergency funds.
3. Invest in other types of business.
4. Invest in other multiple streams of income opportunities to further expand your income base.
5. Research and design your own income stream.
6. Spend it and enjoy life.
7. Donate to charities and help other worthwhile organizations of noble cause through your financial support.


Article Source: http://EzineArticles.com/6379582

Thursday, 12 April 2018

Could you join the T-shirt millionaires?

The site that lets you create designs for free and earn money if they're a hit


Ever looked at the T-shirts on offer and though you could do a better job?
You might have an amazing idea but even then there is the risk that it could crash and burn, leaving you out of pocket and with boxes of T-shirts in the garage that you were convinced would sell like hotcakes.
Tapping into that entrepreneurial spirit but desire to avoid things going wrong, website Teespring offers aspiring designers a chance to test the waters and only incur costs if T-shirts sell.


It's part of the new world of 'on-demand' commerce - and has made some of its sellers a fortune. 
The site was founded in San Francisco in 2012 and has sent 19 million products to 180 countries to date. It claims to have already made its users more than $300million (£240million) - including 30 millionaires. 
Today, the company has three offices in the US, and one in London. 

Teespring millionaire: 'I want to build my own brands and hit $10m'


Sumit Sinha, 26, started his T-shirt business with a fellow student while he was still at university. 
He originally wanted to build his own online marketplace, but a lack of start-up capital meant he turned to Teespring. 



















None of Sumit's original designs made anything but eventually the sheer volume of ideas being produced meant that he struck gold.

Striking gold: Sumit Sinha kept going until he found designs that were a hit
'After about 20 or so campaigns, and midway through our total testing budget, we hit our first big winner. That more than made up for all the losses we had made thus far and then some,' he says.
'We realised the more campaigns we launched, the more our chances of hitting a winner. Without wasting time we started launching as many campaigns as we could. We then hit on another winner and hired our first employee.'
His company, Scaleswift, have a dedicated research team that scout for phrases and trends to inspire new designs. 
'We do research to find what is trending in the market and what people are looking for. Then our creative team comes up with their ideas about how those phrases can be best represented on a shirt. Finally, it goes to the design team.'
He says that the perfect design is a combination of many different factors: The combination of quote or phrase with the design itself, but then also the right audience targeting, and effective advertising.
Today, Sumit, who is from Bihar in Eastern India, has 16 employees and around 10,000 designs. His turnover ranges between $1.2million and $1.5million a year (£1-£1.2million). But his ambitions stretch further still.
'We want to hit $10million turnover by building long term brands. More importantly, we want to increase our size to 100 people over the next three years and build a long term, profitable company.'

How does Teespring work? 
Users create their idea using the Teespring designer and decide how much they want to sell it for, after the 'base fee'. 
This fee includes the cost of manufacturing, production, handling, Teespring's cut and customer services after the product has been sold.
Teespring's initial cut is 25 per cent, but can fall to as low as 15 per cent depending on how many you sell.
The cost is also determined by the level of quality you opt for, taking the base cost from around £7 for basic, up to £11 for 'top of the line'.  T-shirts are the main focus but would-be entrepreneurs can also design other products such as sweatshirts and mugs.
Users can upload designs, or use those already provided by the website, such emoticons shapes and pictures of animals. Most of the designs are intended to be funny or politically engaging - or a mix of the two.
The products are made to order, so if no one commissions one of your T-shirts it won't have cost you anything - apart from your time. 
Teespring also incentivises sellers by awarding them five levels of membership depending on how many units they've shifted and offering perks like free translation services when they reach the higher echelons of membership.
What's the catch?
UK customers who want to buy your products will have to fork out for shipping costs - between £2.75 and £3.99 for the first item and £1 for every additional item (or £3.50 for mugs).
You are also expected to find your own customers. Teespring provides free design and marketing tools but you will need to think carefully about your design, target audience and your marketing campaign to make sure it gains traction. 
This means it would be helpful to already have a strong social media following or ready audience of some form. 
Some Teespring sellers like Alison (featured below) choose to advertise through Facebook, although obviously this will ramp up initial costs.
If your design infringes on someone else's intellectual property, for example by featuring an existing trademark, logo or fictional character, the site will remove it. 
Likewise, if you are deemed to be copying someone else's Teespring campaign then you won't be allowed to sell on the site.

'I left a 25-year career at DWP to make a living out of T-shirts'




Former civil servant Alison Scott left her 25-year career behind to sell through Teespring, after her witty and politically-charged merchandise proved to be a hit.
Alison: 'If you can find an audience, your sales are basically unlimited'
Alison was a deputy director at the Department for Work and Pensions  when she started designing T-shirts, mugs and bags on the website in 2015.
She has gone on to leave her government job and build a successful online business, Stow shirts, which encompasses T-shirts, mugs and bags.
At first business was trickling in, but then her 'All I want for Christmas is EU' T-shirt became a runaway success after the referendum result last year, selling thousands during the festive party season.
She says: 'I started in a very slow and part-time way, just doing the odd shirt as I felt like it. And then in June I had a running shirt and thought "maybe I could make a go of this"'. 
'I quickly had two or three more designs that sold, 20 or 30 shirts, and at that point, I ran some numbers and thought it would definitely work. Christmas 2016 was better than I was expecting, though.'

Alison, who is based in Walthamstow in East London, is proactive about marketing her designs, using Facebook advertising to get the word out. 


She adds: 'I think the tipping point was my first profitable Facebook ad that scaled. That was when I saw the power of the platform, that if you can just find your audience your sales are essentially unlimited. 
'And that rang a bell, because I'd been looking to build a new career in an area where I could lever my work, so that I did something once and sold it many times.'


By ELEANOR LAWRIE FOR THISISMONEY.CO.UK

Friday, 6 April 2018

What is Affiliate Marketing?

Maybe you have read the term affiliate marketing somewhere but you are not quite sure what it means.
So let me tell you: Affiliate marketing is when you find a buyer for a product that someone else sells.
But why should you find customers for other businesses?
Because they pay you every time they make a sale through one of the people you sent to them.
Ok, this was the "explanation" of what affiliate marketing is, but the concept might not be 100% clear in your mind. That is why I want you to look at this example:
Many phone companies have affiliate programs. I don't want to promote any kind of phone company in this article, so I'm just going to make up a fake telephone company name: Surracall.
So, Surracall likes to get more customers (because more customers mean more money). What do they do to get more customers? They advertise, right. They put spots on TV, radio, and the put ads in magazines. Maybe they even have a sales team that goes out to companies and peoples houses and talks to them - either by phone or in person and tries to get them to switch to Surracall.
But Surracall has some clever marketing people on board. And they say: all this is good, but how about some free advertising?
Now what they do is they offer the opportunity to (basically everybody) to sell Surracall phone contracts for them. Let's say that you bring a new customers to Surracell who signs up for a 12 month contract, Surracall will pay you $30. If you bring two new customers, Surracall will pay you $60, if you bring 10 they will pay you $300 and so on.
Some people are bringing LOTS of new customers to Surracell every single day.
How do they do it?
Well, they DON'T go from door to door or coldcall people.
Some very clever people set up "phone company comparison websites". Because many people go online and they want to compare rates for different phone companies. So they will type something in the search engines like "compare phone companies". If you do that, most likely you will be taken to some site that offers you to type in some data (like where you live, how many hours you spend on the phone each month, whether you mostly call on cell or home phones, etc.) Then you click a button and many different companies show up with different prices.
What do you do? You select the one that has the best offer for you - in this case it might be Surracell because you call a lot to cellphone and they have a cellphone flatrate. And you click on the image where it sais "Sign up here for Surracell". And they you can fill up an form online to sign up with Surracell, and next thing you know: you get a letter from Surracell and can use their services just like you wanted.
Now what happens is that Surracell KNOWS that you signed up because you clicked on that image on the phone company comparison website. And because that person signed up for Surracells affiliate program, Surracell will pay that person a commission. So part of the money you pay for your phone contract will actually get paid to the one who runs that phone company comparison site.
Affiliate marketing can be done in any market - and is most popular on the Internet. Many affiliate marketers are making hundreds of thousands of dollars. The good thing with affiliate marketing is that you do not need to have a product. You can just use other people's products to make money. And it is easy to get started as an affiliate marketer with very little budget.
The downside of affiliate marketing is that it is very competitive and you need a lot of marketing knowledge to become successful doing so. But just like with everything in life, if you practice and are disciplined you have the potential to earn hundreds of thousands of dollars each and every month.
On the other hand - many people think that just because they are making money online it will be easy and they can be lazy and just spend 3 hours per day and retire rich. But that's not the way it goes. Yes, there are SOME people who are lucky and got rich with very little work as affiliate marketers - but frankly, it's VERY unlikely that you'll be one of them. In fact I think that you are more likely to win the lottery than getting rich as a lazy affiliate marketer.
But if you apply yourself and put in the hours and do the right things - I'm convinced that you can make some real good money and become financially independent. I don't say it's easy - I don't say it's guaranteed - but I do say it's POSSIBLE.


Article Source: http://EzineArticles.com/1229443