Robert Allen is a successful writer and investor. He has written several books that have already been published and reviewed on Success Progress. This book is now 5 years old, which is old in the internet years. Therefore, I will review a part and give updated advice on Internet strategies to make money.
Why is this important to me? I understand that I ask you to spend 6 minutes with me in this video and then potentially a couple of hours reading this book. Therefore, the content has to be worth it. That said, the content of the book is well worth it. Years ago, a spouse could work and support the family. This country had what was called a middle class. Then we moved to the “DINK” era, which is double-income without children. Thus, both spouses worked to make ends meet. Today, both spouses work and families are still drowned and suffer from money problems. Creating multiple streams of LIABILITIES is essential if you want to get out of the rat race and support your family. Contrary to popular belief, this requires work and focus. Usually, when you hear about success overnight, they never tell you about the previous 10 years they spent kicking their butts.
Creating multiple income streams takes time, but once you start doing so, you will see the power of passive money and capitalization. Investors like Robert Allen and Robert Kiyosaki have generally done so with rental real estate. Robert Allen pioneered the real estate market of one billion dollars without money. In my humble opinion, I believe that the Internet offers many more upward opportunities with less risk. In any case, you can start generating a monthly cash flow from the Internet and park it in real estate cash flow. This method will make you rich if you put the time.
I am a big fan of the three nuts. This is the case because my mental capacity fits theirs. The question is, then, how do we start making money online? I will save you hundreds of hours and thousands of dollars with one word: CONTENT. Do not spend money on traffic software, Google Ads or anything else until you understand that the content is king. The reason why Stooges have known each other for more than 70 years is because of their content. Good content persists.
Enough of esoteric things, here are some things you can do right now to immerse yourself in making money online.
1. Content: everyone has uniqueness and you must start there. If you are passionate about a particular sport, hobby or animal, start there. Start discarding everything you know about that particular thing. A mental dump is where you take a sheet of paper and a pencil and start writing words that come to mind on your particular subject. Do not worry about the organization. That will come later.
2. Research: now we want to investigate a little. That is why the Internet is so strong. In the old days, when I wanted to sell something, I had to make calls, knock on doors and send emails. Today, the prospectus funnel is now available and all you have to do is use Google to start taking advantage of it. You can use the Google AdWords tool. Simply “Google” AdWords and you can put on websites or terms and see how many people are looking for that topic. This is very strong because if your content is good and millions of searches are done per month, then you are on your way to building a revenue stream.
3. List creation: your list is critical and where the money is. Do not buy a list of broker emails. Do not spam. Do not try to take the easy way out of this. Creating a good list will take time, but if you serve the list with good content, it will return you 10 times. You want to gather followers, so start writing short articles about your topic and start sending them to article sites. Sites like EzineArticles are free article sites that will help you generate traffic to your site. You can create an article and submit it to several free article sites. Look for article marketing for more details.
4. Social networks: creating social media content is essential to create and help generate income. Facebook, LinkedIn and Twitter are great places to start. Coordinate all these things and your traffic will grow.
After having some content and researching the market, you should know the end of the game. How will this be monetized?
1. Free partial electronic book: you can write an electronic book on your subject and give away the first chapters for free and for free throughout the book. Imagine selling a $ 2.95 ebook and offering it to a list of 200,000 people. If you get a 5% sales rate, then you just won $ 29,500. There is power in small quantities. McDonald’s is a billion dollar business that sells 99 cents.
2. Affiliates: Do you know that you do not have to sell, collect, pack or ship anything? One of the largest and most trusted affiliates is Amazon.com. There are others such as Clickbank and commission crossing that you can also check. You simply link to the affiliated product or service and, as people buy, they pay you.
3. Advertising: Google and YouTube will pay you for having ads on your site. How cool is that? When you watch YouTube videos and click on an embedded ad, the creator of the video is paid. Can you hear the money that goes into your account while you sleep?
4. Mobile applications: mobile applications are a great opportunity. I’m starting to get wet on this now and I will share the success as I go along. If you think about the phones and tablets of iPhone, iPad, Android, the size of the opportunity is huge.
All the things I talked about today are free to do. Once you start pumping and building, there are cheap paid services like Traffic Geyser, IContact and Keyword spy that will help you in your search for income streams on the Internet. You must invest in a website and some design work. There are cheap subcontractors that can help you with this. Remember to run this as a business and set realistic goals for yourself. If you are in a position where you hate your job, set a goal for one year. At that time, work on your content, website, marketing activities and list creation. If you give yourself a year, you will earn money.
I hope you found this brief summary helpful. The key to any new idea is to incorporate it into your daily routine until it becomes a habit. Habits form in just 21 days. One thing you can remove from this book is CONTENT IS KING. People want good content. People love to buy and hate being sold, so when you have good content, you will love paying.
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