Showing posts with label online business. Show all posts
Showing posts with label online business. Show all posts

The Six-Figure Second Income: How To Start and Grow A Successful Online Business Without Quitting Your Day Job Review

The Six-Figure Second Income: How To Start and Grow A Successful Online Business Without Quitting Your Day Job
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The Six-Figure Second Income: How To Start and Grow A Successful Online Business Without Quitting Your Day Job ReviewI enjoyed reading this book. I purchased it from Amazon because Jim Cockrum endorsed it in his newsletter (which is how I heard of it). The book basically outlines step by step how to set up an information product business online. The first chapter explains why this business model is ideal for most people, due to low overhead and the almost bottomless demand for information products online. Chapter 2 suggests ways to build a profitable infoproduct quickly. I think they should have explained the "profitable" side of things a bit more explicitly. For example, while many people might have collections of recipes at home they think they could sell online, most people searching for recipes online are searching for FREE information, not an ebook they have to pay for. Ideally, you should create an infoproduct for a market where infoproducts are already selling well. Scanning the categories of products on Clickbank.com is a good way to get ideas for products of your own. If you aren't sure what to create, think about the products that people are already selling on Clickbank, and then come up with a complementary or supplemental product that would be a logical "upsell" to the audience for those products. This is the most important decision you will make, and determines if your product will sell, more than any other factor. Beyond that the book outlines the different content formats you can choose to make, how to set up a website, get traffic and turn your "prospects into buyers." I learned the most from chapter 6, and I think that chapter alone is worth the price of this book. While it doesn't explicitly teach you how to write a sales letter it tells you some important things to consider when setting up your sales page. I think a few sales letter examples and a simple template would have enhanced this chapter a lot, especially for beginners who are new to information marketing online. A separate chapter on outsourcing would have been helpful also. My thoughts are you should probably write rough drafts of your ebook and sales page and then outsource the rewrites to someone more experienced to "clean them up" for you. I prefer vWorker for all my outsourcing, since I have the option to pay for deliverables only, rather than for time. It seems to result in faster turnaround, and since the funds are escrowed, I don't have to release them until I am completely happy with the end product. For beginners, I also recommend using e-Junkie rather than Clickbank or 1shoppingcart. With e-junkie you get payment processing, but they also create expiring download links automatically and I believe they also host your actual product files, so you don't have to create any web pages yourself other than just the sales letter page, with the order button connecting to your e-junkie checkout. That saves time, and also eliminates some of the learning curve with having to create web pages and learning to FTP your files to a download page, as well as not having to learn to install a script to create expiring download links yourself. If you're a beginner and you don't know much about web design you should probably try out Blinkweb's hosting - you get a free domain name and a wysiwyg editor that includes simple sales page templates that are super easy to use, and are designed specifically for information marketers. All you have to do at that point is upload an image of an "add to cart" button and link it to your e-junkie account for checkout. e-Junkie does the rest. If you don't like paying $14.99 a month for hosting and you don't mind the learning curve, then google "Chris Farrell" and sign up for his free "Success Grenade" videos that walk you through web page setup step by step. You'll learn how to FTP your web site, create download and squeeze pages, upload files to your site's hosting account and more. I think Blinkweb + e-Junkie would save you more time and let you get your business up and running a lot faster, but if you don't mind a few months extra work and study, you can learn to do it the "hard way" through Chris Farrell's video series. Overall, "The Six-Figure Second Income" has a lot of good ideas and recommendations, even though I disagree with some of the recommendations in chapter 4, since they aren't very beginner-friendly, and can stymie someone for months before they can get an actual product online. Even if you start with only Blinkweb for hosting/web design, e-Junkie for shopping cart/payment processing, and the basic Aweber account for managing your customer list, it will cost under $40 a month to get going, and takes a lot of the technical stuff off your plate.The Six-Figure Second Income: How To Start and Grow A Successful Online Business Without Quitting Your Day Job Overview

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KaChing: How to Run an Online Business that Pays and Pays Review

KaChing: How to Run an Online Business that Pays and Pays
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KaChing: How to Run an Online Business that Pays and Pays ReviewI have been looking for legitimate ways to make money online and got this book to help me do just that.
Some of the book was great, but there were also a lot of confusing and unorganized parts. In short, the book was all over the place.
Some of the sections were very basic and others more advanced. I'm not sure if it's for a beginner or somebody that is advanced. It doesn't really focus on one group. You'll get something out of it I'm sure, but if you're like me, only about half of it will apply to you. Because of this, I'm rating it right down the middle.
A few days before this book, I read Laptop Lifestyle - How to Quit Your Job and Make a Good Living on the Internet (Volume 1 - Quick Start Guide to Making Money Online) and was glad to have done that, since I feel it helped me to "read between the lines" with the information in this book. There were times when reading this one that I was going right along with the author, understanding what he was saying, but then he'd lose me by jumping to something else without finishing the thought. At the end, I was left with a bunch of odds and ends of a big picture but no real plan of action for making money now, with the exception of Adsense ads on a blog I have. If all the needed information to make a good living online was in this book, it wasn't organized well. He talks about blogging a lot, so perhaps this book was developed from random blog articles?
Just to give you an example of what I'm talking about, the first part of the book is a very basic section he talks about setting up a blog with Blogger. Then he talks about adding ads to make money from it. I was with him at this point and that's what I've done so far. He gives a list of banner ad companies and talks about Google Adsense and that was helpful to me. If you are not online at all, this is a good thing to read to make that happen although some of the finer details and technical terms are not explained well. If you've been doing this a long time, maybe you'll do better than me at figuring out how it all fits together, but if you've been doing it a long time, you're probably beyond a free blog on Blogger, too. I just started and am already seeing the limitations.
I enjoyed the part where he talks about "7 Types of Content" to put on blogs. For example, posts that review things, posts that interview people, "Top 10" lists, and Q&A posts. This gave me some good ideas and was the highlight of the book for me.
Then he starts to get more advanced and talks about buying articles to post on your blog, which I think is a good idea, because I'm busy. My hope of saving some time didn't last long though because when I went to the site he recommended, it appeared to be brand new, with only a few articles to purchase.
This is the kind of "back and forth" you get with this book. One minute you're following along and completely with him, then there is a detour that kind of derails the plan or at the very least confuses it. One minute he's doing something for beginners, like helping you get a free blog up, and then he spends an entire section talking about legal issues of posting testimonials.
Then he talks about passive revenue with membership sites. Then speaking. Then coaching programs. Then branding strategies. Then how to deal with PR and media people.
There is a lot of information here, but very little detailed information. If you are looking for a book that is going to guide you step-by-step to a business that makes money online, this is not it.
What this book does well is give you little ideas you can use in an existing business. The only problem there is that he jumps around to so many areas, he doesn't give the finer points of anything. I was hoping for more specifics.KaChing: How to Run an Online Business that Pays and Pays Overview

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