Making money blogging

Making money bloggingThe Australian blogger Yaro Starak has launched a free guide to make money with blogs. This guide is called Blog Profits Blueprint. I have read this guide and I think it is really good.

There he talk us about the strategies and tactics in order to get some big revenues with our blogs. Of course, the perseverance is key as always, but if you don’t apply the right tactics and strategies, maybe you never will get the traffic that you need in order to make a lot of money. Yaro Starak made $6549.52 from Blogging in March / 2007. It is not bad at all!

The pillar Content and creation of communication channels are the bases for big streams of traffic. I strongly recommend to you to read this free resource, if your objective is to make a lot of money with your blog.

For obtaining it, clik here.

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Rich Dad Lessons: Do you prefer the freedom or the "security"?

Based on Kiyosaki’s work

Rich Dad's Lessons: Do you prefer the freedom or the security?One of Robert Kiyosaki’s iterative topics is: to obtain financial success it is necessary to concentrate on the right side of the cashflow quadrant (see image): by being a business owner, a professional investor or both.

If it is this way, it is necessary to ask: Why then are most of people (near 90%) in the left side as employees, independent professionals or owners of small business that themselves operate? The primordial reason is that our obsolete educational system of the industrial era continue training to the children and young people for that.

When we are students, it is really little and sometimes null the knowledge imparted about the creation of a company or the investments. In fact, in the high school it is very little the knowledge imparted about finances in general. The school continue inculcating that the people be trained to be a successful professional, but that implicitly indicates that they are training themselves to look for an employment.

Perhaps in the past, this education way was adequate. Mainly when the industrial era continued in peak and great quantity of companies needed manpower and employees of all level for its production chains. But nowadays, with an economy every time more based on the services and the knowledge, this education way is dangerously obsolete by two main reasons.

The first one, is that the world is having some big economic changes that often force to the countries to disregard some social investments by focusing themselves in the market so the market hopefully can improve the quality of people’s life. This, in spite of being something controversial, it is not disheveled completely, because the business competition has achieved that some countries like India or China are walking quickly toward the progress. The problem is that, to the interior of its societies, the more benefitted people, almost always are the people with skills in the areas of the knowledge (as the computer science), the creation of companies and the good financial administration. The other people, although many are into what we denominate the middle class, continue clinging to the security of an employment, either to finish paying their growing debts (consumption debts in many cases) or to survive in the case of the poorest people.

The second reason, is that the technological changes have had negative effects for the industrial world as for the generation of employments refer and other very positive ones as for the opportunities that people have today to start a business, by being helped by the technologies because in this way the companies can even be created with very small costs.

For the first thing we can see the news about jobs cutting in the big companies motivated by fusions or simply in order to transfer production systems from a country to another so they can save costs of manpower. On the other hand, we have examples of virtual companies like YouTube being acquired by big companies or people making more money than many employees without leaving their houses by using systems of online advertisement as Google Adsense.

It is not easy to defeat this paradigm of the employment security . However, many employees and self-employees know that they are not safe completely. Nowadays, nobody can guarantee that our pensions will be sufficient in order to live well in our old-age and it is less certain that our boss can guarantee us that we will always have an employment. However, even with that fear, many people are clinging to their job and getting many crazy debts in order to buy things that they don’t need or simply by living from a check to other and spending a lot of time in offices or factories without a real financial objective in their lives.

And in spite of that, many people are not interested in learning the bases of the businesses or the investments.

What do you prefer? The freedom or the “security” in an employment? I prefer the freedom clearly. And in the financial field, it is not very probable that the freedom be acquired in an employment. Unless you are rich and have your financial life safe forever, it is necessary to take the great step by creating your own business and when the success arrive, you will do the investments so the money works for you in such way that you don’t have to work for the money and can really live the life. It is not easy. Don’t quit your job yet. You need education. But you also need to take a risk.

What if you begin to create your business in the nights instead of watching television? Remember, today we have a great ally: the technology.

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Adsense Tip #5: Keep a defined topic

Adsense Tip #5: Keep a defined topicGoogle Adsense determines the topic or topics of your pages to bring the relevant ads to your users. For that reason, it is easier that you have success by generating money with Adsense, if you only focus your site in a main topic, because in that way each one of your pages will be addressed to the same audience type and your site, besides of being a good resource for this topic, it will be supplemented with ads that are “talking” about the same thing.

If one of your main objectives is to make a lot of money with a website, you should know that not all the categories of topics are equally profitable. It is known, for example, that a technology site can attract many more high paying ads in Adsense due to the great quantity of advertisers that compete in that topic.

On the other hand, if you have a personal blog, where you tell to the public what happens during the day, don’t wait a lot of revenues with Adsense although, of course, if you are an excellent writer and you attract thousands of daily visits to your site, then Adsense can work fortuitously and generate very good dividends. But in general, the personal blogs when treating about an infinity of topics, are not focused in a defined topic and it is more difficult to make money with them than with a topical site.

Anyway, don’t forget that you should have a topical website that you like it, because in other way you will get bored or simply you will not make the things sufficiently attractive so the people visit your website, frequently.

In my own observations I have seen that there are two topics that can monetize a site more easily than many others: the technology and the shopping.

For instance, in the case of the technology: a site that makes reviews of novelties like digital cameras, HDTVs, PCs, cell phones, etc has a great opportunity to generate revenues, not only through Adsense but by complementary programs as the Chitika minimalls.

In the case of the shopping, I know about a website that promotes wholesale web-stores and they supplement the list of stores with Adsense ads in each section of the site: and most of the clicks from people are put on Adsense ads. This generate a considerable flow of monthly revenues for the site although the non-adsense ads for the stores are highlighted with some pictures and other things.

Other topics that generate good dividends are the financial topics: blogs talking about the stock market, ideas to generate money (as ourselves), economic news or reviews of Network Marketing systems are some examples of topics that can bring some good dividends with Adsense.

Finally, remember that the topic is only a part of your strategy to generate money with Adsense, but “the content is the king” and if your content is really poor, it is possible that it never ends up generating the necessary traffic to make enough money with Google Adsense. So make sure of generating excellent content and resources in your website.

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Chitika launched Chitika - Linx (Beta)

Chitika launched Chitika - Linx (Beta)Another option from Chitika to make money with your blog: Chitika Linx.

Basically, they will read the content in your blog in order to put some hyperlinks inside the post. Then when users mouse-over these links, a small bubble-like scroll over is revealed listing offers from merchants (see image).

The new option in only available for selected publishers but hopefully it will be released to the public in next weeks.

Although this is a good option to increase the revenues from chitika, you should make sure the reading interruption produced by this in your readers is something that you will not lament. And, if you are an Adsense Publisher, please, make sure that if you add this option, then you will be fine with the Adsense TOS (Terms of Service).

Link: http://chitika.com/linx_overview.php

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Rich Dad Lessons: Different people for different types of incomes

Based on Kiyosaki’s work

Rich Dad's Lessons: Different people for different types of incomesThere are 4 types of people as for making money refers: the employees, the self-employees, the business owners and the investors.

However you can extend that division a little to other aspects of the life because these 4 types of ways to make money embody 4 types of personalities, too.

The employees don’t like uncertainty. Many times, they prefer the security from an employment than the opportunity of earning a lot of money by a business that has certain level of risk. They like to have a written contract that assures to them that for one or two years they won’t have to worry about the money because they will have a stable income. For an employee, the security is more important than the freedom. In fact, sometimes it is more important the security than the salary, and sometimes they prefer stay in employments with low-wage instead of taking a risk by being a self-employed or even by going to another employment where they would have a better wage but where they could be only hired temporarily (for example while the business is starting up itself). For many employees the fact of having to work many extra hours, neglecting to the family and even by doing a task that they hate, is compensated with the fact of receiving a “safe” income and saving for their retirement. It is not really that they like to live to work (with some exceptions) but the fact of seeing themselves one day without knowing how they can get money to put food in the table terrifies them. However, many employees don’t think in this: nowadays the job market is so unstable that is really risky to think that our future will always be safe in the hands of the boss, the company or the government.

The self-employees care less the security and they prefer to do the things by themselves, without depending on other people (although everybody always depend somehow on the other ones). Generally, the self-employees think that they are very talented in their profession or business and usually, they are very talented. A self-employee like to work for himself. With a job where they don’t have autonomy, they will get bored and even will become rebellious. Many employees that confront their bosses and discuss the orders belong to this type of person and after their bosses fire them or they abandon their job, many of them go and create their own business where they are generally who do all the tasks: from porter to president of the small firm, because besides of the limitations of resources in order to create a big business, the self-employees usually distrust too much of the other ones and they don’t like to delegate in some employees’ hands their business or to associate themselves with friends in order to create a big company. The problem with those self-employees is that this distrust forces them to work harder than any other person. We can listen from them some sentences like this: “now I work 20 daily hours, but I am satisfied by working for myself and not for my boss”. If that makes them happy, the self-employees can be very prosperous, but many times if they don’t invest their money appropriately so they don’t need to work so much in the future, then they will be aged very soon and will neglect to their families because they must compete with other self-employees and even with big companies. In those circumstances, sometimes the only way to obtain contracts is by lowering the prices in a great percentage although the work is more intense, even.

The business owners love to take risks, whenever the recompense seems big, although it doesn’t mean they do the things in a scatterbrained way because nowadays a true business owner must have basics in topics like administration, accounting, computer science, finances and marketing. It doesn’t mean that they have to be expert in all those topics, but they must know at least its more useful basics. The business owners care less the security and they adore the freedom to create a company and the satisfaction given by the progress. The difference with the self-employees is that the business owners only like to do the most important work: the thinking. They delegate the operations of their company to skilled people in the respective matters. The business owners like to surround themselves with intelligent people and they trust in those. They want to work with the best people. The business owners are leaders. They know that nowadays 9 of each 10 businesses will fail, but even so to think about an employment is not in their possibilities unless they are in an extreme situation. They are always creating and when the difficulties come, they prefer to continue the battle instead of resigning themselves to simply to look for financial security. Many times, we can see a business owner who is not rich with some financial difficulties, with some debts and selling their car to pay the employees. In that point, the employees admire the courage of them but also feel some pity for them. Then, in next years, many times these business owners have a lot of money gotten with the help of the perseverance, creativity and intelligent collaborators. And the employees, on the other hand, will continue thinking that hopefully they always will have a job and be fighting in order to save some money for their retirement.

The good investors hate to cling to the financial security and they are risky by investing the money in order to earn a lot. A real investor is financially free because his revenue overcomes to his expenses and he has enough money and some good investments to live without working during a lot of time. However, they hate to cling to the financial security and for that reason they always are looking for opportunities where the money works harder for them and so they should never work for money. If you really want to become rich, you should be visualized in this level, and need a long-term plan to be here. To arrive at this level we need three things: education, experience and money surplus. The good investors know about finances and accounting, they know how to read financial reports, they know about the Stock market, they understand the terms of the economy, they are informed, they are not only giving their money to a broker, so he can diversify the investments portfolio and maintain the money in a safe state, they make decisions supported in their advisers in order to invest in businesses that have the possibility to generate some big recompenses. The good investors have experience because during years they have risked with their money by losing it many times and by earning a lot of in other cases; with the years they acquire financial wisdom that helps them when they need to identify good opportunities. The good investors have money surplus; they don’t use the money of their children and they don’t get a mortgage loan to invest; if an investment fails, they will have less money, but the normality of their lives is not affected too much.

I want to be rich and have financial freedom. Then, I want to become a good investor. But, I can not become a good investor if I don’t have money, because one of the conditions in order to have financial freedom is to have money surplus. Therefore, my road to arrive there, is by building businesses that can generate me enough amount of money to begin to invest, first by using low-risk investments and when I have enough money, I will take more risk, and simultaneously I will learn topics like the accounting, finances, stock market and economy.

It is not an easy task, but if I don’t win the lottery or I don’t get an inheritance, I don’t see another road.

The good news: with Internet there are many more ways of creating a business without having a lot of money and with the advantage of the exponential growth that it give us. What do you think?

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