How to Create Multiple Streams of Income, Part 1
You've must have read the phrase "multiple streams of income" numerous times on your journey searching for wisdom on the Internet. Regarding to Robert G. Allen, multiple streams of income are the stock market, real estate and the Internet. I prefer to add paycheck to this list as well. Most of us don't feel comfortable to give up the security of a steady income, at least not in the beginning.
During the next few months I will publish new articles about my very own experiences with building multiple streams of income. Although I just recently started, I have a lot to share and I hope I will inspire someone to avoid the mistakes I made, and still will make.
Please join me on my journey to financial freedom through my home-based business on the Internet. I will cover my experiences and mistakes with the stock market and in the real estate business in separate articles. For now I'm focusing on the Internet business.
I wasted hours and hours searching for the almighty golden key to financial freedom. I spent a lot of money for worthless e-books and signed up to almost every newsletter there is. Until I had to switch email addresses. My inbox couldn't keep up with the massive stream of useless emails.
What did I learn so far? Somebody else got a little bit closer to financial freedom, certainly not me! I was in desperate need of either giving up or dramatically changing my strategy. I'm not a quitter and whatever strategy I used, if so, it must change or I will find myself in financial hell.
Don't get me wrong. I'm not looking to make money out of thin air. I actually don't believe in the get rich with no money schemes. The only person getting rich is the author of the book! Some of these strategies may work in theory, but I've never seen substantial results in the long run. I might be wrong on this one, if so, please send me your opinion and experience with this business strategy.
Here's another advice; it takes time, lots of it. Don't rush yourself into hasty decisions just because you think it is a hot deal. Do your homework and research the deal as good as possible. If this is the true "hot" deal, it will be around for a while. Otherwise it's just another rip off scheme and someone else is making the big bucks. If you come across these 30 days to success guides, give yourself at least 60 days to achieve your success. Remember, patience is one of the key factors to success. Read the guide in its entirety and slowly start implementing these suggestions into action. Always keep track on what you did and double check after a few days or weeks, if it's working. Make changes as necessary.
I really don't remember how I got started with the idea of building my own home business on the Internet. I believe that I was searching for ways to increase web traffic to my real estate site. During my research I came across all these websites promising thousands of visitors to your site. Most of them are free, but you spend hours after hours to generate enough credits for your own site to be shown. And when the site is shown, guess who's looking at it? Another sleepless soul, who is looking to increase traffic to their site. This is not exactly the type of customer you're looking for.
After a while I thought, hmm, if I add a banner from a banner link exchange, then I will be able to trigger more targeted hits to my website. So I continued clicking night after night through these exchange services with little or no success. I wasted countless hours in front of the computer. My advice; stay away from these exchange services. Most of them are pure pyramid marketing schemes anyway. There are no real products or useful services offered by these sites.
At this point I started to discover the power of affiliate programs. And this, my friends, is the real deal! I'm not saying this just to get your attention; I'm speaking from experience. Affiliate programs come in any shape and form. Some are pure product reselling machines, others offer incentives for recruiting new affiliates and many are offering a combination of both. The real value behind this concept is; you get endless training material to sharpen your marketing skills. There are real products to sell and there is real money to make.
The mother of all affiliate programs is SFI. I joined them as soon as I learned the details and the benefits of their program. Later on I read about Stone Evans and his incredible services he offers. In fact, Stone is to blame that I'm writing this article.
So far I got off a good start with SFI and Stone Evans. I will keep you posted, if you like, in my next article.
Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner.
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Five Things to Look For to Join Any Affiliate Program!
Here's a really simple way..
Article Marketing 101 For Affiliate Program Managers
This article is for Affiliate Program Managers: Interested in increasing the amount of revenue that each of your affiliates creates for your business? Read on to learn about how to use your existing articles to grow your affiliate program strength.From an affiliate perspective, there are only a few 'deal breaker' type things that I insist any affiliate program that I join must provide me:Real-time reporting statistics
Real-time email alerts upon each sale
Payment on a consistent monthly basis
High price-point products
Package of articles that I can reprint on my websites and ezinesOne strategy that many newbie affiliate program designers fail to offer is a package of articles that can be reprinted on my website along with my unique affiliate link.
8 Ways To Increase Your Affiliate Commission
Here are 8 easy ways to boost your affiliate income:1) Collect your visitor email addresses by providing free reports.Offer a free report to your visitor.
Top 7 Affiliate Marketing Tips for Newbies
When a newbie begins an online business, the temptation can be high to join most any affiliate program they see in the hopes of making extra money. Given the amount of products and services that newbie get presented with, and since newbie have a burning desire to make money fast, it is easy to see how the online newbie can get lured into joining a lot of affiliate programs without knowing if they should join them or not.
Commission Junction: the Perfect Affiliate Resource for Niche Markets
There are many affiliate programs you can go to to find real solid product to market online. Most marketers who produce their own product provide these programs that are easily accessible, and can be worked simply by signing up to them.
Top Three Internet Marketing Two-Tier Affiliate Programs
If you run an Internet marketing web site and sell your own
products or services, you probably follow up with your
current customers using autoresponders and upsell them with
products and services from related affiliate programs?Note that if you don't do this, you are leaving money on
the table.Why? Simply, your customers have already spent money on
your web site, and if they enjoy your product or service,
they now trust you.
Webmaster Affiliate Programs - How to Separate the Good from the Bad
More and more people are turning to the Internet and specifically, affiliate programs, to make money online. However, it is not as easy as you might think to determine the good affiliate programs from the bad, especially if you do not know much about affiliate programs to begin with.
Is Earning Money With Affiliate Marketing A Myth?
Day 1 - What Are Affiliate Programs?Welcome to the wide world of affiliate marketing!Affiliate marketing (sometimes called referral marketing) is based business people.So, what is an affiliate and what does he or she do?The affiliate marketer acts as a "middle man" between merchant and consumer, but without adding anything to the consumer's cost.
Finding An Affiliate Online Opportunity Program
Never before has it been easier to find an affiliate online opportunity program. From years ago when franchising was new the whole county turned its attention to those great opportunities.
Secrets of Super Affiliates
Have you ever wondered why it is very difficult for you to make a headway in the affiliate marketing game? Why have you signed up for so many programs with so much expectations and yet you have never being able to make a dime out of them all while some people are screaming about them making over $5,000 in the same program you signed for?These people called "super affiliates" are just ordinary people like you but they do things differently from the rest of the crowd. They see the game from a different angle and they play it with a different strategy.
6 Affiliate Mistakes Youre Probably Making...
Everyday I see more and more affiliates making the same mistakes. The worst part is that they're just doing what they're taught by the so-called "experts.
Communication is Key!When building an affiliate network communicating with affiliates is important for merchants to maintain a good relationship. An affiliate's web site targets visitors, who may not necessarily view a merchant's web site, and therefore expands a merchants market.
Affiliate Program Mastery: Learn How To Build Internet Capital Goods for Free
As I mention in almost all of my articles, 97% of Internet marketers never make a cent online. I mention this simple fact because it has a lot of power--it has the power to completely discourage people who are not succeeding, and it also has the power to encourage those same people who are failing to learn, so that they can succeed.
3 Tips To Succeed With Affiliate Programs
Dear friends, when it comes to promoting affiliate programs
we all follow a certain defined process. We first go to
Whats LinkShare, And Do I Need To Use It?
Online affiliate marketing is one of the most effective, cheapest and fastest ways to promote merchandise. With millions of people getting access to the Internet everyday, there's a great chance for a merchant to introduce his products and services to a wider market, thereby, maximizing his revenue.
Affiliate Programs : Golden Opportunity or Waste of Time?
Now that the idea of doing business over the internet has been firmly established, many potential internet businessmen are searching for the best way to do business. Usually the choice comes down to whether you want to set up your own business and online store, or sign up for an affiliate program.
5 Tips If You Want To Be A Reseller
If you are planning to be a reseller for a product or many products, here are five great tips you can use for your own! A good way to source for quality products with great demand is to purchase a yearly (or even lifetime!) access to membership websites dedicated to resale rights. These membership sites offer products such as E-books, software, templates, and audio/video with resale rights.
Top Five Ways to Earn Extra Money Online at Home for Free
Here's a fact: everybody wants to earn extra money. We all
have bills to pay, families to feed, and the list goes on
Ebook Review: The Super Affiliate Handbook
Rosalind Gardner's 270 page ebook "The Super Affiliate Handbook" is the "Holy Bible" of affiliate marketing. It's also surprisingly well written (I've seen some real junk passing as informative writing) and logically steps through each of the 15 chapters, all but the Introduction building on the previous in an easy to understand style.
In my search for a presence on the internet, I searched many avenues, but
was finding more scams and dead ends than I would care to speak about.It was one last scam and six months of my presence on the internet that
I realized that the only way I could possibly make a living on the internet --
and gain any amount of satisfaction --was to work for myself.