Money Making Online

Some interesting links on my preferred sites and other stumbled webs:

* Twitter.com - What are your friends doing?: Another cool tool in this Web 2.0 boom. Twiter allows us to know what are our friends doing. We can say this is a truly text-messaging web.

* Swimmingpoolknowledge - Targeted site: This is an example of what is a targeted site. It’s all about pools. Maybe is a website made only for adsense, but it is not obvious here… Watch the incredible video about “how to install a gizmo”… jajaja!

* Working at Home on the Internet: Links and more links useful for those of you enrolled in the home business world.

* Blogging from Presidential Cabinet: two members of President Bush’s Cabinet are starting to blog. However, some blogs could be written for their assistants… Aaaah, the politics!

* 7 Days To Blogging Success: 7 lessons about start a blog from scratch and use the blog to make money online.

* The House Always Wins - SEM Arbitrage and Keyword Domain Names: Frank Schilling on Seven Mile - This is an old but useful post about the importance of domain names in Internet marketing.

* Wedding Blog for Colbert and Michelle: Colbert Low on Probloggerwedding.com - An ingenious way to update about a wedding and looking for sponsorships.

* Video speedlinking:
Another interesting interview to Robert Kiyosaki:

Tags:
Internet Making Money

Brian Clark from Copyblogger just launched a free report about “How to (Really) make money with online content” and I have to say that it is really interesting because he have a point of view you can use to reassess your thoughts about making money from blogging.

The report is short (24 pages) but really substantial. And there, Brian talks about being an early-adopter in the new Internet trends in order to maximize the opportunities to generate wealth in our lives with an online business.

He is very critical of those business models that depend entirely on third parties (like Google Adsense) because these business types could disappear overnight someday due to “the tyranny of Google” or something similar. On the other hand, he stress the potential of revenues coming from business models based on content you can sell many times.

You can download the report here (as a PDF or, if you prefer, as a MP3 audio file).

Tags:
Making Money Ideas

Based on Kiyosaki’s work

Most people think their financial problems will be solved, when they can make more money. The truth is that in many cases the only thing they achieve is an increase of their money problems, because they end up getting in debt again and every time with bigger debts. They have a mental illusion, when they consider that by making more money, will be able to assume debt without any inconvenience.

Unless the acquired debts are “good debts” which somebody else ends up paying (for example, a house for rent where the tenant pays the mortgage), the debts don’t let people advance. Actually, debt makes people live under constant financial pressure while it ends up, in some cases, producing discouragement and depression.

It doesn’t matter if you earn $300 or $3,000,000 per month. You should learn how to control your cash flow. Many times, that includes to overcome the social pressure produced by a consumption society bombarded constantly with ads that encourage people to buy things or knick-knacks producing only a momentary satisfaction and no long-term advantage.

There are some tips here:

1. Eliminate your credit cards, except one. You doesn’t need more than one credit card. One is enough. From now on, if you make any purchase by using your credit card, it should be entirely paid on the next payment, not in several months.

2. Think about how you can earn or save $150 or $200 extra a month. It is not so difficult if you are decided. Almost any person can either earn or save that amount of money. If you make a budget of your expenses, you could be surprised for all money you spend on useless things.

3. Take the extra $150 or $200 and increase your credit card payment. Now you will be paying the minimum payment + $150 (or $200).

4. Once you finish paying off your credit card, continue with other consumption debt, by adding the extra $150 or $200 to the monthly payment that you usually have to pay. The other debt can be another credit card, appliances debt or any thing different to your house or car.

5. Once you have paid all the consumption debts, transfer those additional funds to your mortgage or your car payment.

6. When you are debt free, take the additional funds and put them in a bank account or fixed-income securities (low risk). Put the money there month after month. This money won’t be spent until you find assets that generate positive cash flow per month.

Tags:
Robert Kiyosaki