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Friday, September 12, 2008

Wealthy Life Update

Hello my friend, today I'd like to share with you about great idea of what wealthy life is. This article will completing my previous articles about financial freedom and passive income. I got this great idea from Dr. Keith Scott-Mumby. Hopefully it will help you to figuring wealthy life clearly. Enjoy!!

A lot has been published about the motivation of success but very little about understanding the mechanics of wealth. The big secret is hidden in a famous little 18th-century classic book by oaty Scots philosopher Adam Smith. It is called "An Inquiry Into The Nature And Causes Of The Wealth Of Nations," nowadays just shortened to "The Wealth of Nations."

Smith published it in 1776, the year of American Independence, which is interesting, because if anything started the American Dream it was this book. It is a text that is as valid today as when it was written. In fact this book is in the economics curriculum of just about every university on the world.

Smith uses one critical word in his powerful book which is the key that unlocks the door to personal prosperity, self-esteem and happiness at work. The word we are looking for which leads to all wealth is... Exchange.

You have to give something in order to get. You cannot get rich by dreaming or thinking positive thoughts. You can only succeed if you have something to give - in return you will naturally receive all the wealth you can handle. You can't get more out of the system than you actually put in. It's as simple as that.

Businessmen (and women) in any society in the world, talk obsessively about "making money". Leaving aside counterfeiters, only governments make money. The treasury prints the stuff and then declares it valuable (Someone, I think it was another Adam Smith, the 20th Century US "funny money" philosopher, actually George J W Goodman, who joked about money from the treasury, saying that a government is the only institution that can take a valuable commodity like paper and, by adding ink, make it into something worthless).

Nobody "makes money." You trade for it. You earn it.

To understand the economics of success further, Adam Smith introduced the idea of Exchangeable Products. In earning a living, dealing with others and sharing relationships, we are all responsible for doing or making something which we can call a "product."

The product need not be a thing. We can carry out a service. But there is still a SOMETHING at the end of it. A gardener may serve with knowledge and skill of horticulture (plants and crops); what he does we can call "gardening." But his product would be stated slightly differently. His product might be flourishing healthy plants in an attractive fertile garden setting. You get the difference.

Society has become too complex for us to do everything we need to do for ourselves. So we each specialize and do what we are good at. In The Wealth of Nations Adam Smith called this the "division of labour". By working together on a project, we can achieve many times the success of a single individual working alone. Cooperation is the key to success. What we each produce is our contribution to making all this work, by which we earn our place in society.

Now here's the thing: if you want to get rich you just have to work out a way to leverage it, so you move product faster. For real wealth you need a good product, that people consider valuable, and you need to figure out how to move lots of that product into the hands of customers.

But did you ever hear this mentioned at wealth-building seminars? You'd think the magic of getting rich was just drawing it in. "Attraction". Just hold out your hand. It's baloney. You can't "attract" wealth. You have to give something.

Only by serving the needs of others and listening to their wants, can you create true success and real wealth. "Serving" doesn't mean you go and work for free (necessarily). It does mean you work on other peoples' needs, not just your own.

 
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Wednesday, September 10, 2008

Adsense Update

Several days ago, one of my best friend, Steve Weber (the owner of Adsense Connection) shared to me about one important point about Adsense. This little mistake that have been taken by the most web masters brought failure to their Adsense income. Please read it carefully:

One of the biggest you can make when placing AdSense ads on your pages is placing TOO MANY ad units on a single page!

Besides how this SCREAMS to visitors that you are begging for them to help you make some income, it is not productive for other reasons too.

In all my testing, and from my research, it is obvious that less is more when it comes to better producing AdSense pages. Why is this?

First of all, the most important determining factor for people clicking your ads is how long they are spending on your site in the first place. When someone comes to a site which looks to be boring or simply full of ads, their response will be to click the back button and NOT one of your AdSense ads.

If your content is compelling and keeps a visitor on the site longer, they will be more likely to click an AdSense ad. The space you use showing all those many ad groups could better be spent featuring valuable content which the visitor will find interesting.

Secondly, Google is all about making money for Google. If you only select to have one ad group on your page, Google is more likely to populate that group with higher paying ads. If you have multiple ad groups on one page, Google will be forced to fill the many groups with some very low paying ads. Therefore, the average value of clicks on that page will be diluted by those lower quality ads.

Don't blindly trust this advice though. Testing is vital! Carefully record your clicks and earnings for a page over time. Then modify it (move or delete some ad groups) and let it run until you have a few hundred or so clicks again; record these and compare with the previous format. Then modify it and test again! Continued testing is KEY!

I think you'll find that less really proves to be more!

This article is dedicated to your success.


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Monday, September 8, 2008

Google Adwords: Basic Rules # 2

As a professional advertising service, Google Adwords give its attention to creative advertisers, not just for money. It will be different when you publish your ads on PPC service such as Overture.com. You could easily lose your position if you do not set your bid at a highest price. PPC ads service give their attention to the highest price per click no matter how bad the ads is. This is what we call keywords bidding.
Among PPC services, keywords bidding is very popular. It happened every time. But now Google has a great solution for this cold war. Google gives an opportunity to every webmaster to have a highest ads position depends on 3 criterias: bidding price, ads relevance and number of clicks on our ads. In other word, Google always wants to provide relevant advertisement for every search made by your visitors.

Our ads (adwords) must be clicked by visitors at least 0.5% comparing to its appearance as a search result. It called "impression". When we get not enough impression (under 0.5%) then the keyword status which we put our bid on it will be disabled. For example, when we bid on keyword 'internet marketing' and at a certain time there are 1,000 people do the searching on 'internet marketing' phrase at Google and as the result our ads appears 1,000 times (1,000 impression). So, to get visible status our ads must be clicked by visitors at least 5 times for each 1,000 impression.

The formula is: 1,000 impression x 0.5% = 5 clicks.

If we just get 4 clicks for each 1,000 impression, well.. our keyword status will be disabled.

Literally, Google displays 8 - 10 adwords on each page. Please be aware that the lowest price of each keyword bidding on google adwords is 5 cents. Are we clear enough on this session? Let's defeat our competitors.. Victory!!! Oops... don't get rush.. Sounds easy, isn't it? Yeah.. until we learn how to do it. See you tomorrow.

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Sunday, September 7, 2008

Google Adword: Basic Rules # 1

Hello again.. First, I want to thank you for Sider for his comment yesterday :) . Thanks, guys.. sorry for the delay. Okay, today we're gonna continue our sharing about Google Adwords. Yesterday we have learned about what Google Adwords is. Google adwords is an advertisement service issued by Google to enable webmasters get their position in google search engine's first page. Why first page? Because if your ads is on Google's first page, you will get targeted traffics when somebody make a search at the same topic as yours. Actually you can get huge traffic via Pay Per Click ads service. The problem is you need to bid at the highest price to defeat your rival's ads who have the same niche with you. Sometimes it works well when you get sales in return. Remember that in internet marketing we have to working smart instead of working hard. I mean to know our financial capacity is a must. If we don't, in a short time we will say good bye and end up in a big frustration. I'm sure we don't want it, do we? Just go straight up, what is the point? Google Adwords has some rules we should know in advance. Here they are:

1. Our Adwords position depends on 3 criterias:

a. Our keywords bidding price
b. The ads relevance
c. The number of clicks on our ads

Wait.. don't be confused so fast. I'm gonna tell you a simple explanation: We'll have a bigger opportunity to get clicks from our visitors if we have a very relevant ads content comparing to keyword that we bid. The more clicks we get, the more opportunity for us to get highest position in adwords. What is the importance of having a relevant ads content? To defeat our rival's ads and get the victory!! :) I mean highest (no. 1) position on adwords first page. That is our main goal, my friend. Offcourse it is not just about defeat our rival's ads. What we are doing here is to defeat it with the lowest bidding price. Just say that we put our bid on 5 cents and our rivals put theirs on 15 cents. If we have more relevant ads content comparing to our rival's ads content, it will be a consideration for google to rank our ads higher than our rival's ads. Google loves a relevant and targeted advertisement.

Basically,....

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Saturday, September 6, 2008

Google Adwords: Introduction

We have learned many things about website optimization. So, what do you think about that? Quiet difficult to do? Well, there is no success without fail. Keep trying and focus on your goal, you will achieve what you want in life. Today, I have a good news for you if you did not get your success yet with website optimization. The main idea about SEO (search engine optimization) is to get a free targeted traffic from search engines like google, yahoo, altavista and else by optimizing our website. What is the good news? We can get targeted traffics from search engine itself without doing any SEO technique. How? We buy it !! Offcourse we need to spend some money in order to get the traffic (visitor). The most popular way is by using google adwords service. We can multiple traffics to our site fast with this service. This google's service called Google Adwords. Basically, google adwords has the same idea with PPC (Pay Per Click), where we trade some money to get clicks from our visitors. But actually there is a big different between Google Adwords and PPC service. Google Adwords is an unique advertising service. Pay per click usually use the bidding price to rank position in search engine, but not Google Adwords. The higher you set up your price for a click in PPC, the higher you will get your rank position. It works for some webmasters who get more sales in return. But if not, it will drain up your fund. So, how google adwords works? We will continue this topic tomorrow.

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Friday, September 5, 2008

Active Income vs Passive Income

passive income
Remember my friend, there is no free lunch. You want to get your lunch, then you have to work for it. So, what is the different between active income and passive income if we still need to work? The difference is when we've successfully build our passive income, the system that we already have on it will make us easier to generate more money comparing to active income. In active income, we spend same time everyday to get the same amount of money, again and again. Passive income is about to build massive system to generate unlimited income for life. When we get success in one system then we can duplicate or improve that system to generate more money for us. Need an example? Okay.. How much do you paid to work for 8 hours a day in your ordinary work? Let's say you get US$5,000/month. This is your earning for active income. How about the opportunity in passive income? I'll take google adsense as an example. We build one simple website, load it with adsense code, and we successfully generate US$20/day. That means we earn US$600/month just with one simple website/blog. If we build 10 simple websites? That's equal to US$6,000/month. How about 100 websites? It is not difficult at all if we know how to generate income using one simple adsense website. Use the same proven system and you will be able to reach your dream, with a little effort of work at last. That doesn't mean you can doing nothing in the beginning. In fact you have to working hard to make the system work and make it happened eventually. With active income, you spend all your time in your office, have "a great day" with your boss :( and low quality time for your lovely family. The good thing about active income is you have safety monthly income for your family until you get fired. In other hand, with passive income you need more time at the beginning to build the system, and might be cost as well. The good thing is you could do this in your own comfort home and you have time for your family. When you successfully build the system works for you then the risk is you could multiple this system, work in the comfort of your lovely home and still have a great quality time for your family. Which one is your choice? It's your call now. Financial freedom is never about lazy life. Financial freedom is more about you have enough money to cover your needs and free of debt. Good luck

Thursday, September 4, 2008

Financial Freedom for Life

financial freedom
Hello again, my loyal webmaster. Financial Freedom is a final goal for every webmaster in the world. I'm pretty sure that 99% of webmaster in the world are on their own way to reach financial freedom. Passive income is one of the great way to reach financial freedom. Can we reach financial freedom if we just have active income as our monthly income? Absolutely, with one condition if we can save our money 300% or more, greater than our living cost. If we have no chance to do that, then passive income is our perfect way to financial freedom. When we hear the word financial freedom, what is the first thing that appears in our mind? We usually think about nothing worry about money again, we can spend so much money as we want to buy a newest unreasonable price sport car, buy "a castle", make everyday is a holyday. Am I right? Come on, be honest to yourself :) Well, I tell you the fact. If this really what you think about financial freedom and your desire living style, you will be ended up with a great frustration and also stop your steps to financial freedom before you start anything to achieve that. Did you get my point? It is good to have a big dream. If we want to success we absolutely need to have a dream. That dream becomes our goal. It's very confusing, isn't it? You know what, financial freedom have nothing to do with the lazy life. If we think that what we do now in internet marketing is about to get an easier life without doing anything anymore but get everything we want, then lazy life is our currently goal and not certainly financial freedom. Passive income as a ride to financial freedom is not about doing nothing. We will still need to do something as maintenance's act even when we have successfully reach financial freedom.

Wednesday, September 3, 2008

Existence of Passive Income

passive income
Welcome back my friend. As we know passive income has a great influence for internet world. It is successfully makes every webmaster in the world chasing it every single day, 24/7. The classic question is does passive income really exist or just a day dream? We are here now to share about it. When a newbie read there is an opportunity to make money in the internet, it usually makes him very excited with a big dream about getting rich easily. We can figure this as a villager read a news about the sparkling of a city. There are hopes to get a good job in the city, doing some simple things and get huge income for the work and getting rich eventually. Very simple. If you are one of them, you will be very disappointed when you realize that this is not true. Passive income is like a beautiful virgin lady. Everyone dreams about it, day and night. So, considering all of these useless activities in order to chasing passive income, we come to our conclusion that passive income does not exist!! :( . Wait... well it's all depends on what perspective thinking we have on it.
First, we should know what the definition of passive income is. Passive income is about building a system that does not trade time for money. It is about building a massive system that could work for a long time.
Do you have any idea about this? What I mean with trade time for money is you spend times to do your work and receive money instantly for your work. Sound familiar? Yes.. exactly!! This is what happened in our ordinary work. We go to work early in the morning, get our work done a whole day and back to home in the mid of night. Take some rest and repeat the same activity day after day. That is active income and certainly not passive income. Is that what you want, working everyday for the rest of your life? If you read this article then I'm sure you are here to build your financial success and achieve passive income for life. Go on, read the rest of this subject tomorrow. Good luck.

Tuesday, September 2, 2008

Passive Income

passive income
Now a days, Passive income becomes the most popular subject in internet marketing. Passive income brings so many great promises to every webmaster to reach their financial freedom for life. Do you have any idea what passive income is? I don't... please kindly tell me about it :) .. just kidding. I'm not gonna teach you about passive income here, I just ask you to take some times reading this article and think about it wisely.
The very first time, we need to know about its existence. Does passive income really exist?
To answer that simple question we have to know what passive income is.
Many webmasters in the world especially the beginner in internet marketing field have a wrong understanding about passive income. They defined passive income as a making money opportunity that could be done by setting up a simple easy thing, wish the project be able to runs automatically, doing nothing for the rest, getting rich in a short time with a little effort of work and ended up with wealthy life forever. If this is what truly happened, I absolutely will be the volunteer.
This kind of thinking makes the internet as a wide open media for many cyber crimes. We called it scam. Scam is a fake opportunity about making money opportunity. It usually gives us big promises to achieve huge amount of money in a short time, pay a little sum of money as a lifetime membership, doing nothing and get rich fast. Many people falls in this crime scene.
Do you realize that whenever you get into an opportunity that ‘claims’ to give you a passive income, you end up being overwhelmed with lots of disappointed and often have to work like a dog? That’s when most people give up.
Truth is, there is no such thing as making money without having to do anything. If such opportunity exists, it’s most likely a scam (unless you’re talking about putting your money in the fixed deposit).
Okay then.. what is the point about this? Does passive income really exist or just a phenomenon?
Do you really interested in this subject? If you do then read the rest tomorrow. See you..

Monday, September 1, 2008

Off Page Optimization # 2

off page optimization
Okay, we have learned about Off Page Optimization. This is the summary from my previous articles: It's all about how to make our website or web pages become the most popular one for search engine. We can't do it just by writing good articles for sure. He needs some other good reasons to give our website status as indexed. So, we must consider some ways (techniques) to make our website indexed by the crawler faster.

1. Use the right title font format (h1) as requested.
2. Use your main keyword as a part of your title.
3. Place your main title at the top of your web page
4. Use the right subtitle font format (h2) as requested.
5. Manage your keyword to be 3 - 8% comparing to your total words in your article.
6. 'Bold' your keyword which appears for the first time in your article.
7. Use Anchor text as your link agent. Create path ways for robot in order to make your articles get indexed.
8. Add "alt tags" with your main keyword when you upload images into your article.
9. Make sure you use the correct template format.

You could read the details of 9 points above at my previous articles.

Now, continuing our last topic, we can do some other techniques in order to get high quality one way link back to our site. Here are some of them:

1. Post your opinion in public forums which have a related topic as your niche. Do this as your daily activity. Hint: If you do not have PageRank bar in your browser, you could visit google and type 'download pagerank' in search bar. It will navigate you to get the program for free. Then simply follow the instruction on screen to install it.
With this PageRank (PR) bar, you could easily check out other website's PR. Find some forums where they put the comments on a page with minimum PR 2 or PR 3. When you submit your comment, always use your URL as your signature. It will create a one way link back from certain high PR web page to your site.
2. Manage for link exchange with other relevant websites which have at least PR 2 or higher. The more you get high PR links to your site the more you get opportunity to increase your PR.
Here are your guidance for PR level:
PR 0 = no way man!!
PR 1 = Okay for beginning
PR 2 = Alright!!
PR 3 = Good
PR 4 = Really Good
PR 5 = Awesome
PR 6 = WOW
PR 7 - 9 = You are the man!!
PR 10 = Dream it :)
Hint: remember to always be polite when you ask for link exchange.
3. Create some other relavant blogs using different engine (blogger, wordpress, joomla, etc), then add your main URL as a link partner in their pages. It called dummy blogs. This technique will increase one way link back in an easy way to your main website and make it looks important.