Custom Search

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.

 
Technorati Tags: , , , , , , , ,

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.


Technorati Tags: , , , , ,

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.

Technorati Tags: , , , , , ,

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,....

Technorati Tags: , , , , ,

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.

Technorati Tags: , , , ,

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.