Archive for May, 2009

After 27 attempts to shoot this video I finally got it! I should probably take the time to script what I’m gonna say but it’s not my style. The video is short but it let’s you know a little about me and what this blog is all about. I need your questions at makemoneyog AT gmail.com ASAP so I can start helping YOU make money!

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I’ll be honest,  until about 3 months ago I never really even knew what Forex was all about. I had a general idea but I didn’t know what was required to make money with Forex. I didn’t know what PIP or an Expert Advisor or Metatrader was but I did know that people were making some damn good money in the Forex market. I also knew that people were buying up every new Forex program that hit the market claiming their automated robot would trade the Forex market on autopilot while they sat back and raked in cash.

With all the fuss I had to jump and see what everything was all about. I decided to buy the Home Trading Course program by Lane Riley so I could get my feet wet with a demo account. The reason I bought this course is it seemed to be more focused on helping the beginner forex trader as opposed to the other forex programs out there that seem to be for the intermediate or advanced trader. I have to say that I genuinely like the program and that I have made over $3k in my demo account trading with 10k in only a week. Again, this is a demo account and not live money but if it were live money the results should be the same from what I understand. I am basically trading the live market with play money so essentially if it was an actual real money account and I was trading with 10k I would have profited 3k last week!

The big selling point for me on getting into this forex trading was the fact that an estimated 3.2 trillion dollars changes hands daily in the forex market and its has had a steady rise in popularity since the late 1970′s.  Another attractive benefit to using an Expert Advisor or automated trading robot is I can leave my computer on all week and the robot makes all the trades for me and profitably to boot. Now obviously with any type of trading there are risks and the forex market is risky but you can actually get started with as little as $300 Buy cheap Accutane Online and build up your profits from there.

The bottom line is that I see this becoming a healthy additional income stream for me and I plan on dedicating some time to understanding how all of this works. Of course I will be sharing my thoughts and experiences with you over time so you to can make money with forex should you decide to add it to your online money making arsenal. I believe in diversification online because you never know whats gonna happen. The trick is to get one income stream established and then start focusing on the next one.  I will keep you posted on this topic so we all can make money with forex!

Let’s make some money!

Kris

Posted in: Forex

So your ready to start making money but you don’t know which path to take? I take it you’ve already read the “What it takes to make money online” post I posted earlier today? As a beginner, your best bet is not to re-invent the wheel but rather swipe a proven business model that other people are having success with. This is a great way to learn and if you can stay disciplined enough to focus on one project at a time then success is inevitable.

Let’s talk about some of the popular business models that people are using to make money online and then you can decide for yourself which direction to take. When I first started out I used a free course from Travis Sago called “The Bum Marketing Method” and it worked very well for learning the basics of affiliate marketing and Clickbank. Basically it consisted of writing keyword targeted articles for clickbank products and then posting them all over the internet at the popular article sites including USFreeAds.com. This worked great and I did make some money but nothing to pay the bills with.  Before I begin rattling off the different models I have made money with I should express my honest opinion and that is that affiliate marketing with clickbank is probably the easiest way to learn how to make money online. Clickbank is just so large and there are so many other successful affiliates out there that are making money that it will be easy for you to find a “way” to make money with it. Obviously as an affiliate you aren’t limited to just Clickbank, there are several affiliate networks out Buy cheap Cialis Online there but Clickbank is the easiest on a beginner in my opinion.

Here are some business models I personally have had success with:

  • Affiliate marketing via articles, blogs, email, review sites
  • Site flipping
  • Warrior Special Offers
  • Selling my own products
  • CPA marketing

As I mentioned, the easiest business model to get started with is obviously the free methods using articles and blogs as an affiliate marketer because there is literally no expense out of pocket. If you are on a tight budget than I recommend you check out the Bum Marketing Method course by Travis because it’s free and it works.  If you are willing to part with some cash, you can find some decent programs that will teach you some pretty solid strategies for setting up a profitable affiliate marketing business.  I don’t recommend going with any of the other business models until you have at least a steady daily income coming in from affiliate marketing.  One program off I hand that I personally know is a good quality beginners affiliate marketing program is My Online Income System.  This course breaks down every step you need to take on a daily basis for 60 days to become a successful affiliate marketer and all of the methods in the course are free to implement. Let’s talk about the other business models…

Site Flipping – At one point in my online career, site flipping was paying the bills and keeping me afloat while I got other projects off the ground. The key to this is creating unique sites that are either generating some sort of revenue or have really good potential to generate revenue. Your site is gonna to have to stand out from the rest of the site sellers out there if you plan on making a decent profit. The site I used to sell my sites is Sitepoint.com and their marketplace has become even more popular since I was using it about a year ago. Once you learn what people are willing to pay for you will know exactly which type of sites to create and how to price them. One way to see whats selling well is to go to Sitepoint.com and see which sites are getting the big buyouts and see if you can create something similar. There is a lot more to site flipping than what I have outlined here but I will put together a full post dedicated just to site flipping.

Warrior Special Offers – This is another model that will require some experience and time before it can be used as a money maker. A Warrior Special Offer or WSO is when you create a product outlining a technique for making money online or you create a cool new software or you have a valuable service to offer for a reduced price and you sell it at WarriorForum.com in the WSO thread. This forum is explosive in growth and I would estimate there are a couple thousands people on this forum at any given time. If you have a decent product that provides value you could easily create a WSO and get it in front of 10,000+ people over the course of a few days.  Again, you need some experience under your belt and you need something of value to offer. If you try to sell a garbage product in this forum they will east you alive and never buy your stuff again.

Selling/Creating Products – Creating your own products is something that comes with time and some experience selling other peoples products as an affiliate. You really wont understand how to make your own product sell until you learn how to pre-sell other peoples products. Creating a product also takes a lot of time. You have to design the website, write a sales letter, create the product itself, program your website to automatically deliver the product to the customer after purchase and so on. Having your own product can be very profitable especially if it sells well and affiliates pick up the product and sell it. You literally sit back and let your affiliates do all the work. This topic will definitely be covered again in a later post as there are too many aspects to cover in this particular post.

CPA Marketing – This is another business model that has many faces but it’s fastly becoming one of the most popular ways to make money on the internet. You can sell products as an affiliate/publisher similar to selling products on clickbank and you can also become an advertiser and have thousands of other affiliates sell your products or generate leads for you. This form of marketing takes some advanced skills and usually a decent budget for making money if you are trying to make the big bucks. There are several little courses out there that may show you how to make a little money with cpa offers but most of the strategies are short lived and require a lot of work to keep going. This topic will also be covered at a later date in a dedicated post.

The bottom line is you need to start somewhere and I am suggesting you start slow and stay focused. If you jump around from one thing to another you will NEVER make any real money. You need to stick to one thing and work it over and over until it pops because when it does it will make you a lot of money.

Let’s make some money!

Kris

Posted in: Beginners
  • My Online Income System