Quick Setup Home Based Business at Low Rish

Low Risk, Quick Setup Home Based Business

This post is about how to get a low risk, quick setup home based business.

One of the most common methods of starting an online business is to build something up from scratch.

You find a niche, do some research then build a site, add affiliate links and that’s the easy stuff.

Now comes the hard part. Hours and hours of SEO, tweaking your pages, finding suitable link partners, testing different advertising options etc etc.

When you start you generally spend most of your spare time doing it all yourself - to keep costs down.

Pay per click can bring good results but it takes quite a bit of work to build a series of campaigns which make good money. Lots of trial and error and usually a few dollars invested to learn how to make it all work well for your market.

Usually there is a good period of time - often a year, before a reasonable revenue stream is achieved.

Don’t get me wrong, my first site (this one) was built this way. It is very satisfying once the results start to kick in but in reality its not a model that gets you there quickly.

And guess what if you pick a niche that isn’t profitable you will do all that work for nothing.

So there is another way of building a decent income stream online which brings much more reliable results and get’s them almost instantly.

What I’m referring to is buying an existing site. Yes it would appear to be “expensive” as most premium sites sell for 3 -4 times net profit.

However the upside is that you are buying something with a track record for success. All the development work has been done.

You know what your profits will be, because the seller will disclose their profitabiltiy as part of the sale

You know where to market the site again because it will be disclosed.

What most people don’t realize is that these expensive sites are actually quite cheap once you take into account the value of your time which would go into developing a site from scratch and the time which goes into all the sites you might develop which turn out not to be profitable.

The websites I’m referring to in this article aren’t those for sale in forums. Those listed in forums are at the lower end of the scale. You certainly can pick up bargains there but you generally will get what you pay for.

The sorts of sites to look for are like those listed at Website Properties. You will see sites there which are listed from $50,000 to $1.5M and while the price is high so too is the quality of earnings.

If you do decide to look at this seriously, its also worth checking out The resource Center for Buying an Online Business which along with their book which is available for purchase also has some useful articles on the subject of buying an online business.

6 Tips You Can Apply To Build A Real Internet Money

6 Tips You Can Apply To Build A Real Internet Business

A reader from Indonesia left an interesting comment on our blog a few days ago. Curious I followed up, reading his blog and also a free report which he publishes.

I really liked the style of his writing and some of his notes & comments rang true with my experience.

So I invited Welly to write a little about his Home Business journey and talk alittle about what he has found are the keys to success.

Welly was kind enough to provide an article which is published below in full. Thanks Welly, appreciate you taking the time to put this together for us:

Hey there, my name is Welly Mulia and I first got started in Internet Marketing back in June 2006. Back then I was a complete beginner who didn’t know a thing about IM. And when I say I knew nothing then, I’m being completely honest with you.

So I would buy one ebook or IM course one after another. You know, those that promise you get-rich-quick-schemes or how to get rich overnight just by clicking a few buttons on your mouse.

I am a little embarrassed to say this, but back then I actually believed that I could become a millionaire overnight!

Well, who doesn’t?

With all the hypey sales letters out there, you are bound to get tricked or cheated when you are a complete newbie who doesn’t know what you’re doing.

Anyway to make a long story short, so I bought one ebook after another. Not all of them are get-rich-quick-schemes though. There were a few that contain some real gems.

However, because of information overload, I end up simply reading and studying them without actually implementing what I’ve learned.

Essentially, I’ve become a NALO (no action learn only) guy.

And when you simply read without applying what you’ve learned (even though it may be the best ebook out there in the world), nothing will happen. I can guarantee that!

Like what I’ve said above, the primary reason why I did not implement the methods and techniques taught in the ebooks was because I suffered from information overload.

The more I read the more confused I became. I simply don’t know where to start because there was so much information out there that I don’t know which one to follow.

I’m very sure you can relate to my experience when you just got started in IM. Almost everyone goes through the same bad experience!

I’d hop from one business opportunity to the next, each one promising the next “big thing” where you can earn millions overnight just by joining their programs or buying their ebooks.

As you can probably already guess, all of them were rubbish J.

There was also this period of time that I’ve also been involved in black hat Internet Marketing activities, like mass building portal sites and generating income from Adsense.

Sure, portal sites with Adsense can bring in a decent income every month fast, but they were simply short-term income and have no longevity. I finally realized that this was not the way to build a real, long-term business.

Currently, I’m a full time Internet Marketer focused in building a real long term business that is going to sustain. I’m building a white hat business that provides VALUE to my customers and subscribers.

I currently have 3 IM products, and a fourth one is due to be released within this month. All of them are created this year and all of them are in my native language (Indonesian).

Oh yeah before I forgot, I should mention that I do not live in the US, Canada, UK, nor Australia J. I reside in a country called Indonesia, somewhere in the Asia Pacific region.

Having been involved in the IM niche for my local Indonesian market for the past few months, I’m currently set to enter the international IM market as well.

I currently enjoy a consistent, decent four-figure online income every month. It’s not a lot, and it’s far from those high profile Internet Marketers make out there, but it pays for my bills and I do get to live a decent life J.

But truth be told, the journey to get to where I am now (let alone those high profile Internet Marketers) is not easy.

Heck, it’s actually HARD!

I’m trying to be as honest as I can here, so please remember that if someone or some “guru” tells you that it’s easy to earn lots of money online, they are lying to you so that you buy their ebooks or courses.

If making money online were that easy, why is it that most people (probably 99% - just a guess here) fail to earn a single red cent when they try their hands at Internet Marketing?

Or if they actually did make any money at all, the amount is usually meager and the income is most likely inconsistent.

There are actually 5 reasons why most people fail to earn any money online.

Having been involved in the Internet Marketing niche for 2 years and 4 months now, I have made a lot of mistakes and in the process learned a lot from these mistakes as well.

In my opinion, the best teacher is to make mistakes and then learn from them.

To sum up, I’d like to you give 6 tips and pointers on how you can succeed in making money online:

1. Making money online is HARD

First things first. You need to put this in your mind first.

Making money online is never easy. In fact, I want to be honest and up front with you: Making money online is damn HARD!

Hard but not impossible.

It will take you hard work and time to make good money online. There is no such thing as overnight success simply by doing nothing.

Cripes, that only happens in your dream and Disneyland! (please note that I don’t have anything against Disneyland, I’m just trying to make a point here).

2. Focus on 1 thing at a time

I know there is a lot of information out there to be consumed, but the thing is, you don’t have to consume all of them at once.

If you’re learning a specific skill, say how to build a WordPress blog, then you should focus your time and effort on learning that specific skill. Don’t be distracted by other non-related ebooks or courses that talk about Adwords, Adsense, how to JV with others, social bookmarking strategies, etc.

Only when you have successfully built a WordPress blog, and only when you have become familiar on working with a WordPress blog, should you move on to other skills or areas.

It’s a lot better to be really good at 1 skill, than to be average at 10 skills.

3. Focus on the things that you are good at

Do you know that to build a profitable business online, you don’t have to know everything about Internet Marketing?

Take for example myself.

I don’t know everything there is to know about IM. If I say I knew everything, I’d be lying to you.

I just know what needs to be done and if I’m not good at doing certain things, like SEO, I simply find someone or some kind of SEO services to do SEO work for my sites so they rank well in the search engines. If I know nothing about programming, I’d find a programmer.

Focus on the areas where you are good at, and outsource other areas or skills that you are bad at.

4. Focus on the things that matter the most to your business
When you are just getting started in Internet Marketing, chances are you probably don’t have a lot of money to spend to outsource tasks to other people.

That is perfectly fine. You just need to analyze your current business position, and find out which tasks are more important than others, and do those more important tasks first.

Not all tasks are created equal. The Pareto Principle holds true in your online business.

20% of your efforts will determine 80% of your results, and the reverse is true as well. 80% of your efforts will determine 20% of your results.

Your duty is to find out the 20% that will produce the 80%, and then work like mad on that 20%.

5. Build beneficial relationships with your list

If you want to build a real, sustainable long-term business, you must build a list.

There was a saying that goes like this “The size of your list is directly proportional to your online income”.

I strongly disagree.

In my opinion: “The relationship you build with your list is directly proportional to your online income”.

To be able to sell products and services to other people, you MUST build beneficial and trusting relationships with them first.

Sure, you may get a few sales here and there even without building good relationships with your prospects, but these sales are inconsistent and short-term.

If you want to have consistent sales coming in, you must build beneficial relationships with your subscribers so that they trust you and see you as an expert in your field.

If you want to find out how you can create beneficial relationships with your list, you can see an article I’ve written: Give And Create Value First, Receive Second.

6. Never, ever, give up

When things don’t go the way you expected, especially when you have invested countless time and effort but the results are disappointing, it’s normal to be discouraged.

But whatever you do, do not ever give up, EVER!

These are just temporary setbacks that you have to undergo if you want to be successful.

Let me rephrase that for you just in case you don’t see what I’m trying to convey. Read this very carefully:

In order to succeed, you MUST fail first!

If you give up simply because you have met a temporary setback (which you may not be aware that the setback is actually temporary), then you’d always be going in circles where you’d be hopping from “next big thing A” to “next big thing B” to “next big thing Z”.

1 year, 2 years, 5 years, 10 years later you will still be in the same position as you are now.

You have gone nowhere.

So please, just evaluate your actions and figure out why it’s not working for you yet, and just keep going and don’t ever give up.

Free Google’s Search Engine Optimization Starter Guide

Google’s Search Engine Optimization Starter Guide

If you have an online home business then you will know that it is important to have at least the very basics of search engine optimization in place for your site.

A few seeming small changes can make a big difference to search position and traffic.

There have been many books written on the subject, some making the whole issue a lot bigger than it needs to be.

Google has released a search engine optimization guide which is aimed any-one who wants to understand some of the factors the Google search engine uses to rank sites.

Topics include:

• Page Titles
• “Description” Meta Tag
• URL Structure
• Site navigation
• Quality of Content
• Anchor Text
• Heading Tags
• Optimizing Images
• Robots.txt
• Rel=”nofollow” for links
• Site Promotion Good Practice

The Rich Neighbor

This post is about the Rich Neighbor course which shows you how to have a home based business investing in domain names.

As part of the promotion of a number of my sites, I have been thinking about buying some domains with traffic. This is an alternative to traditional web based advertising and provide ongoing “free” which in turn generates some income from product sales or advertising.

The other day I received an email from the Rich Neigbor about their domain investment course and after reading the promotion page decided to buy the course.

There are a number of ways to make money with domains. You can:

• Buy existing domains with traffic. “Park” them and make money off pay perclick advertising
• Buy domains that are expiring then re-sell them
• Buy domains or existing sites, develop them, then sell them on to someone else.
• And all combinations in between

I was looking for an all round guide to the domaining industry.

The Rich Neighbour course costs $49.95 and has been good value for money.

The course topics include:

1. Getting Started
2. Learning the basics
3. Where to find quality domains
4. Domain Marketplaces
5. Expired Domains
6. Domain Auctions
7. Domain Forums / Message Boards
8. Private offers
9. Types of Domains (.com, .net, .org, info, etc.)
10. Trademark Domains
11. Privacy Protection
12. Typo Domains
13. Country Code Domains (cc domains)
14. GEO Domains
15. Acronym Domains
16. Hand Registrations
17. Domain Tasting
18. Portfolio Management (Registrars, Renewals, Spreadsheets)
19. How to Make Money From your Domains
20. Domain Parking
21. Domain Flipping
22. Domain Redirecting/Forwarding
23. Affiliate Programs
24. Domain Leasing
25. Domain Development
26. Making your first purchase
27. Earning income from your domain(s)
28. Keyword Optimizing and Traffic Testing
29. Domain Renewals
30. Portfolio Management
31. Creating Residual Income Streams
32. Tips and Tricks
33. Traffic Analysis Tools
34. Portfolio Management Tools
35. Multi Function Tools
36. Domain Financing
37. Domain Sales Resources
38. The Authors Personal Rolodex

The course is about 40 pages long, written in an easy to follow manner and provided a very good starting point from which to base my first purchase.

With past ebooks I’ve purchased, some of the techniques, links or material has been out of date. Meaning I’ve just bought a bunch of information which is outdated and while it may have worked a year ago doesnt now.

This hasnt been the case with this material. All the tools and sites mentioned are still there. The domain valuation methods will always work. The recommended background checks and tips are still current.

The domain industry is super competitive. You are competeing for lots professionals for the most lucritive domains. From my perpsective some of the prices being asked are way too high to be worth the money.

I have quite a conservative approach to this type of investment. So have been looking for a couple of weeks for my first purchase. Because I’m not prepared to pay any more than 12 months earnings and will probably be looking for a bit more before the right opportunity presents itself.

However I am using the tools and techniques provided in the course and feel they have provided me a good starting point in my search.

For me, the course has been good value for money and I’d recommed it if you have any interest in buying some domains in the future.

Make $100 Per Day Online

This post is about a technique to make $100 per day online.

With economic times being tough across the world there are lots of people looking for a way to make some extra money.

$US100 per day may not sound much, but when you multiply it by 365 days you get about $US36,000.

Better still once you know how to make $100 per day you have to tools to grow it into much more - $1000/day anyone ?

This post started when I saw an interesting post in DP headed up First $100 Day ($117 actually). So being a sucker for this type of title, I looked through the thread to see how the author had been able to do it.

It turns out Jose Armando has been working away for a year in his quest to reach the magic $100/day. Over that time he an his brother have been steadily growing their home business in between attending lectures at college.

There’s a telling quote in the thread ……”I remember writing dozens of articles and not getting a single sale for months.. man was that tough.”

Which reveals a secret to his success. Take a simple system, follow it to the letter and never give-up.

While Jose does not reveal his exact methods it seems he has been using article and pay per click advertising (Adwords etc) promotion as the means to generate traffic to a site with affiliate links. About 40% sales come from Article Marketing and the balance from PPC.

From earlier posts he started out doing article marketing exclusively. In an earlier thread he wrote:

I have to say…. Newbies, keep writing the articles and keep testing different niches.

If I had to say WHY this experiment failed it was because I was in a too saturated niche…

Find a small niche with a product that has 10-30 gravity and do your article marketing there. Don’t go in “make money”, “weight loss” etc niches. It’s just too crowded for someone who just wants to start with this.

Also, if you REALLY want to be successful with bum marketing then make real goals and stick to them for any cost.

Make a goal to write two articles per day for 50 days.. What’s two articles per day? It’s nothing… it’s just 30 minutes… Are you willing to put 30 minutes per day in your dreams, in your goals?
If you just do the 2 articles per day you’ll have 100 articles in less then two months… That’s A LOT of articles. Imagine the traffic you’ll be pulling and the sales you’ll be making.

And once you commit don’t skip a single day.. Don’t let yourself fail yet again. Be consistent - it’s the key to success.

As you’ll start writing articles do 20 articles per niche… If you don’t make a sale after 20 articles then this means you need to find a new niche and start again. Do this over and over again and I guarantee you’ll make a lot of sales in just a few weeks/months.

Recently some more good advice:

Actually I get about 40% sales from article marketing and 60% from PPC. And I want to get to 90%+ sales from PPC in near future.

See, I’m only writing articles for my own product because I think it’s worth to invest time in my own business and have it grow in terms of SEO rankings.

For affiliate products I’m using Adwords and YSM.. Right now I’m just direct linking to affiliate products and it’s converting really well. Most of them have 1:20 or 1:30 conversions so I’m making profits even at $0.3+ CPC.

So how I get products to convert with direct linking?

I pick a product on marketplace, make a subdomain for redirect of my hoplink. Take first 30 keywords for that niche from Adwords Keyword Tool, copy ads from other niches and make them fit my niche. And press ACTIVATE.

Once I find something that consistently converts I’ll buy a .com domain for it and do a split test with:
1. direct linking and what are my profits there
2. review page and what are my profits with it

After about a week I’ll have a pretty good idea which one makes me more money and I’ll just port my campaign to AdWords and pull traffic from there too since I’ll already know that the product converts.

I’ll have yet another product locked down in passive income mode.

Then all you need to do is to do the process again for another product…”

Jose makes reference to “Bum Marketing” a method of making money which costs nothing to start. In essence you just:

• Find a product to promote - say from clickbank
• Setup a free webpage to promote it from - could be a free blog at blogger.com
• Write lots of articles and submit them to the top rated article sites. (All the articles need to unique)
• Keep writing articles and adding new products
• Over time you will get sales, some products will be real winners (you keep promoting these) and the rest you can discard or onsell the site.

A great thread if your looking for a bit of inspiration or to find a proven and successful way to starting out:

The secrets to Jose’s success? Well, these seem to be the key ingredients:

• A system that works
• He worked with his brother. Its a bit like running or going to the gym, if you do it with someone else you will help keep each other motivated
• He had mentors. When he wrote back in March in the DP forum lots of people offered advice and assistance.
• Persistence, persistence , persistence. Jose just kept going and the results came in.

Make Money With Squidoo

Squidoo is a content website where subscribers create one page “lenses” about any topic they choose.

You can make money with Squidoo and if you stick at it the rewards can be quite good.

The beauty of this site is that it has good traffic and an active, supportive community and the pages are frequently spidered by search engine.

There was a time when Goggle appeared to downgrade search engine listings for lenses however that seems to be reducing now, so if you have an old lense there it might be a good time to dust it off.

So how do people make money on squidoo ?

Well you just go to the site, register then follow the instructions for creating your content.

Registration is free and there are a number of plugins for affiliate programs built into the squidoo system.

You can then promote your lens like any other webpage and if it gets a good ranking from the community it will attract a fair amount of traffic from the Squidoo community iteslf.

There is also at least one place where you can have a lens built profressionally built for you.

Potential earnings are difficult to determine however see the first three links below which will give an idea of potential. If your very good, $1000 per day is achievable.

To get an idea of what pages get the best traffic at Squidoo check out the top 100 lenses by traffic.

There is a wealth of help material on the site and a quick Google will find many very useful sites which share their Squidoo knowledge.

This is one very good way to make a start with internet marketing if you wish to build an affiliate based business.

Now Get on the Move with Advertising

Get on the Move with Advertising

I received this article today from Diego Norte and thought you might like to read it also.

There are lots of ways to advertise your home based business and this offline method is cheap and easy to do.

Theres the article:

There are many ways to advertise your business. You can buy ads on the internet, post ads on social networking sites, or even buy ads in phonebooks or newspapers. But one of the cheapest and one guaranteed to bring traffic to your site is window markers. If it brings in at least one customer, it’s worth it. Take any advertising opportunity when it’s available. People may even ask you about it when you are getting into your vehicle. Then you have the opportunity for more interpersonal contact that generates the best business.

Window markers are cheap and can be found at any discount store. They come in a variety of colors. Some are even waterproof, but will come off with regular window cleaner. There are a variety of websites that sell these types of window markers.

You simply write the web address on a window of your automobile. That’s it! People will see it when they are behind you at a red light or driving down the road. Out of curiosity they will go to the website when they get home to see what it was about.

The only downfall to this type of advertising, is your company website. Is it short enough for a person to remember it until they get home. Is it catchy enough to bring their attention. If at least one of those answers is yes, then this advertising is for you.

People generally use the markers as a way to show support for a team or when people get married, but it is a great effective way to generate traffic. If the person does not need your goods or services, they probably know someone who does. They will refer them to your website.

Nothing beats the active advertising, like going out and talking to people to get your name out there. Getting out into the public. However, any form of advertising is helpful.

Unlike Billboards, where a driver can only see the ad for a few passing seconds or radio ads where we all change the station, the website is there on the eye level of the driver behind you. They will see your website for as long as they are behind you. If you travel the same routes everyday, then repeated exposure to your ad also, increases the likelihood that they will visit your site.

Mobile advertising is on the rise, so take the first steps in becoming part of this advertising movement. Start simple and inexpensive with the window markers. If this medium seems to work for you, then move on to a magnetic sign or window decals. If those work, move onto bigger and better things, such as auto wraps. Let your vehicle do your work. People will be talking about the car that has the huge advertisement on it. People will ask you about it when you are out doing your everyday errands.

Always ask the customer how they heard about your business.

Be prepared with business cards when they stop and ask you about your business.

Free Online Polls

One of the easier ways to make money online is to get paid for giving something away.

Free online polls is a way of making money by having website visitors complete a poll on a topical subject.

The systems needs a bit of setup, but can be quite profitable and is a proven way to earn with CPA offers.

It works a bit like this:

Get a poll idea
Go to somewhere like the Yahoo Buzz index and look for a popular event. Could be sports, political scandal, NBA etc.
Identify a couple of prominent people associated with the event. This iedea is that the epole who visit your site will be more likely to relate to the people in the event than the event themselves. This “connection” in turn makes them more likely to take part in the poll.

Sign Up for a few CPA c networks who have email offers
Email submits pay from $.50c to $1.30 when someone enters their email address only. The offers are free for your visitor to take part in. Generally the visitor get free product or a discount voucher in return for supplying their email address. Azoogle, Affiliate.com, Hydra Media, Flux Ads, XY7, NeverBlue Ads, Ourfreestuff and Canadian Sponsors all offer email submits.

Setup an Ad Campaign in Google Adwords
Fire up an ad on the content network where the traffic is a lot cheaper. Start with your bid at about .20cents then bid it down to around 10cents or lower.

Googles adwords is theme based not keyword based. So go to your favourite keyword tool and generate a good thousand keywords. Break them into groups of 50 and use them in your Adwords campaign.

Create A Landing Page

Traffic is sent from Google to the landing page where visitors are invited to take a survey. They click on the option they choose from the survey and are directed to the offer page as a free gift for completing the survey. Once the visitor enters their email they get the free gift and you get paid.

For a successful campaign the numbers might look a bit like this:

• Assume average cost per keyword is 8 cents.
• Say 12% of visitors will submit their email and the offer pays $1.30.
• So 100 visitors would cost $8. If 12 of them submit their email you would be paid $15.6
• In rough terms you would more than double your money on a successful campaign.

Sounds easy but its not

• Allow for 30% of your campaigns to be unsuccessfull
• You need to kill unsuccessful campaigns quickly to stay in profit over-all
• Since the polls are based around an event, the campaigns generally only work short term, you need to be always adding new campaigns to keep bringing in the money.

Some people make a lot of money with this method. Its been around for a long time.

In the link below Stephen claims to be making $3,000 to $5,000 per month with this method.

Generally people fail because

• They don’t have the right tools - you need to automate everything to be able to generate lots of polls
• They dont have the right knowledge about how to go about it
• They are not prepared to work hard enough

There is a pretty good thread about this technique here. Steven who started the thread is doing a soft sell to get you to buy his ebook and then join PPC coach.

However the information in the thread is excellent.

If you want to dig deeper you can buy the ebook for $9.00 (I own a copy).

For $50/month you could join PPC Coach. This program has a good reputation just do a google search to see for yourself, or check out this short thread.

You can also check out the Poll Factory with a short review of this product here