Posts tagged ‘Make money from home’

The Mathematics of Internet Gurus

April 16th, 2009

As you know, we have purchased and reviewed many internet business ebooks and related materials. Naturally, we are on a lot of email lists. It’s a good way to stay up on what’s being hawked out there, even if it floods our inbox. But as we get these emails, with their clever (or irritating) subject matters, we are always reminded of the mathematics involved. To wit, if you — or your “good buddy” — really are making $25,786 per month with your “fantastic, unbelievable product,” why the hell are you telling us about it? Why don’t you take your great idea for yourself and multiply it? Eh??  Or is it possible — could we perhaps assume — that you are making most of your money telling us about it — selling it to us. Forgive us if we hesitate to send you our $99 even “If this deal won’t last!”

To be sure, there is some valuable material out there, as we have written about. But even with some of the good stuff we wish: If only this guy had spent as much time writing the actual material as he did with the sales pitch for it.

(original content by www.richdogmillionaire.com)

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Book Review: “The Home-Based Bookstore” by Steve Weber

April 14th, 2009

Author Steve Weber begins his book, The Home-Based Bookstore, by saying: “Selling used books on the internet is one of the greatest opportunities available to small entrepreneurs today.”  Weber has sold over $1 million in used books to customers in over 30 countries. You can start small, making a few hundred dollars a month, maybe beginning with books on your own shelf; and you can grow it into a full-time business. First, Weber tells you where you can find used books, and he explains what kind of books to search for — versus the types of books to avoid (i.e., fiction mostly, especially books that have been best-sellers since, obviously, there’s a lot of copies out there). He then goes into where to sell your books. Amazon, of course, is on the list. If you go to a book detail page on Amazon, you will see an option to buy a used copy of the book. Here, booksellers of all sorts sell their wares. Abebooks is another major marketplace. (You can also build your own site.)

Weber teaches you how to price the books, inventory them, and manage your business, from sales to fullfillment, to customer service, and — one of our favorite topics — advanced automation. There’s an interesting chapter on collectible books (people are looking for first editions). Robert Chamber’s 1939 classic “The Big Sleep” currently goes for over $12,500.

The Home-Based Bookstore: Start Your Own Business Selling Used Books on Amazon, eBay or Your Own Web Site

(reviewed by www.richdogmillionaire.com)

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Elance: The Online Job Market

April 10th, 2009

If you are a professional — whether it’s programming, sales, finance, writing, administration (and more)  — or if you are looking to hire a professional, we assume you may know about www.elance.com. According to their stats, there have been over 25,000 jobs posted in the last 30 days. And if you need to hire an expert, there are over 80,000 to choose from. A good resource to add to your favorite links. Think of it as Craigslist, the premium edition.

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Rent Out Your Stuff Online $$

April 9th, 2009

This morning we posted info on Live Deal, which is an eBay-type company that focuses on local business. A buddy reminded us about Zilok — “the online rental marketplace” — where you can rent (or for our purposes, rent out) just about anything: tools, electronics, appliances, cars, vacation homes… you name it.  This is actually a very exciting website for us. First, it suggests yet another business angle for the internet; second, it’s another marketplace for anyone to make money. Jeff Boudier, the General Manager of Zilok in the U.S. (it is a Belgian-based company) explains how the system works on the NBC San Diego Youtube clip below. He says that 80% of everything you have is, on average, used less than once month. A power drill is used, on average, only 12 minutes during its entire lifespan. So why not put items like that to work and rent them out. It’s a novel — and obvious — idea. Zilok charges a commission based on the rental cost.

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Internet Garage Sales, An Alternative to EBay and Craigslist

April 9th, 2009

Let’s say you have a big plasma-screen TV, or a vintage Ford Mustang, or a litter of Siberian Huskies, and you are looking to sell them to a loving buyer. Do you go to eBay, and end up shipping the TV, the car, or the puppies across the country? Well, you could. But it might get ridiculously expensive, and the puppies might not like it. A good alternative is www.livedeal.com. They are sort of a cross between eBay and Craiglist, and they service over 70,000 zip codes in the U.S. So if you have something too big to ship, or if your shipment might get too agitated, try Live Deal.

(original content by www.richdogmillionaire.com)

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ForexMentor: “Techniques and Secrets Used by Commercial Institutions and Banks”

April 2nd, 2009

A while back we blogged about the sales of some Forex trading software. We received an email from a guy with a very good point: “If someone is really interested in FOREX — the successful buying and selling of foreign currencies  (and there’s great reasons to, including low cost start-up and 24/5 trading) — they may want something more than just software– they may want an actual how-to program from a big-time Forex trading professional — somebody the banks use and learn from.” Turns out there is such a program, released to the public, Peter Bain’s Video ForEx Trading Course:

“The Peter Bain Video Forex Course is a complete trading solution and is packed with 6 hours of live instructions on DVDs from Peter himself. In addition, there are an additional 6 hours of instruction on CDs, a 150 page “Trade Currencies the Way the Big Dogs Do” User’s Manual and 1 year access to the Forexmentor Membership website. Learn to trade the lucrative 1.5 trillion Forex Market everyday with Peter Bain’s Video Forex Course. A Forex currency trader doesn’t have to worry about 7,800 stocks, or 72 commodities, and all the underlying trading rules that accompany those markets. With the Forex, a currency trader only has to think about the 4 major currency pairs – and pure technical analysis. The average daily range of 104 pips for all four pairs far surpasses that of any other stock trading market. Peter will show you the techniques and secrets used by the commercial institutions and banks.”

So there you have it: Learn from the best in the business — a business many people do not even know exists, so you kinda have a head start too. Peter has a free video here.

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Welcome — Join Us

March 26th, 2009

 Hi, we’re glad you found us.

There sure is a lot of crap out there.  It’s really like the wild, wild west  – there are good guys, bad guys… and some ugly stuff. We’ve been looking for a forum — a haven – to catch our breath and get some halfway decent, uncensored, unedited information. So welcome to our little dive bar. Pull up a chair, grab a drink, and feel free to get in on the conversation.

We have some very good bloggers lined up. Guys who’ve been there, done that, and are willing to talk about it (anonymously if necessary). We have no rigid structure here. We are not sure which direction we will be going in. As you know, the internet moves very fast: yesterday is like last year. You’re gonna want to check back often.

 

 

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How to Jumpstart Your Internet Income, Immediately

March 24th, 2009

Hey everyone: I’ve been asked to post about my experience with Clickbank and Commission Blueprint, although I don’t have a writer logon yet.  They just wanted me to write this asap:

I have two internet stores and a blog, slowly building my income — but that did me no good under the circumstances a while back.  My wife – and my bank account –said: “That’s all well-and-good baby, but we need money now.” The question was — and I know it’s a question many of you have  –is: HOW DO I MAKE THE MOST MONEY I CAN NOW, QUICKLY, AT THIS MOMENT?” Here is the answer I found:

Statistically, the highest single-transaction-way to make money is to be an affiliate on Clickbank (or CJ, but I’ll write about that later). On Clickbank you can get $20.00 commission on a single order. Some products offer $30.00 or more PER TRANSACTION. So, bottomline, the fastest way to maximize income online is to be an expert with Clickbank. AND the winners are the ones who have the edge — the knowledge of how to implement the most-profitable campaigns.

I found the best source for this edge: Commission Blueprint, it’s hands down the best.  I disagree with them about web page know-how — maybe later — there’s no time for that now. After you have learned the mastery of Commission Blueprint, you can go to places like  ipowerweb to create the sites/pages that you need (easy stuff). Also if you need a tutorial on Adwords here’s the  best book (a great Dummies book).  But for now check out Commission Blueprint and get started! It’s the fastest way to fill your bank account. (They talk about how they made $109,151 in 30 days days off just one Clickbank product.)

Daniel Coldren

Contributor, Rich Dog Millionaire.com

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Automation: Pro-Selling on Amazon Made Easy

March 23rd, 2009

We’re big fans of automation — it’s all about maximizing your profits and minimizing your labor and expenses. There are a lot of small — and not so small — businesses selling on Amazon. (Ever see the option to buy used copies of a book you’re looking at on Amazon? — there’s a substantial business there.) It’s time for our inaugural “Automation” post : SellerEngine specializes in third-party software for entrepreneurs who sell product on Amazon. Here is info on “SellerEngine Plus” (quoted from their site):

**If you are an Amazon ProMerchant selling books and media, SellerEngine Plus offers the tools and the speed you need to price competitively and keep all your listings up to date.

**Enter your listings quickly and accurately by downloading your listings directly from Amazon, scanning them in using templates, or importing from files. SellerEngine Plus automaticaly retrieves the available information for the items from Amazon as you enter them, saving you hours!

**Our customizable, information-packed interface makes it easy to see at-a-glance not only all the details for your listings, but also what the competition is up to. When you need to make the same change to many items, you can edit them all at once in SellerEngine Plus!

**The proof is in the pricing! Use our Reprice Rules Wizard to create pricing strategies for the different segments of your inventory. Run price checks in real time, and use our price check status flags and the retrieved competitive information to be confident you have priced your items for maximum profitability!

**SellerEngine Plus puts you in control of your listings. Create your listings locally, and then upload directly to the Amazon Marketplace through SellerEngine Plus, when you are ready! Our orders retrieval system keeps your listings synchronized, so that you won’t accidentally create double listings.

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Book Review: “Internet Riches” by Scott Fox

March 14th, 2009

“The Simple Money-Making Secrets of Online Millionaires”

This is really the best time to start up an internet business. This past Friday was the 20th birthday of the internet and, after two decades, the world wide web has matured into a technology that has changed the way we live.  Between 2006 (when this book was originally published) and 2010, online retail sales will have doubled (from $172 billion to $329 billion per year). The internet is — at this moment — the single, best opportunity for business success.

Writer Scott Fox, an e-commerce consultant, shows you how relatively easy — and inexpensive — it can be. In the beginning of the book, he lists the difference between the first-year startup costs of a traditional “brick and mortar” retail business and an online retail business. The traditional retail business would cost you between $35,000 and $250,000. How much for an online retail startup? Less than $1,000.

“Internet Riches” reminds us of the big opportunity on the internet: niche marketing. Fox interviews many e-commerce entrepreneurs “from all walks of life”:

** “How Matt makes six figures a year selling top-quality products without owning any inventory or even leaving his house in Spartanburg, South Carolina.”

** “How Geneviere, a recent college graduate, has built a nationwide company by simply creating a website that matches parents and babysitters.”

**”Sid, a former grocery-store meat department manager in a small Midwestern town, who built a major international web-based business around his favorite game: shooting pool.”

Fox has several great examples like these (including some folks who blog for a living). The rest of the book includes good, basic information on how to start up your online business, from acquiring domain names to building easy, basic websites. He also writes about various opportunities, such as CafePress, which we wrote about here.

This book will get your wheels turning, with real ways of turning your expertise or passion into a money-making online business. Check it out: Internet Riches: The Simple Money-making Secrets of Online Millionaires

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