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How to get someone else to pay your bills

A $50,000 check for doing nothing?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Archives

APRIL 2, 2008

 

** Can Affiliate Programs Help Your Business?
By Adrian Newman, Founder of e-Wealth Daily

Affiliate programs are rapidly becoming one of the biggest
moneymaking/marketing methods on the Internet. But are they
the right choice for you?

Amazon.com is probably one of the most widely recognized
and successful affiliate programs out there. Web sites advertise
books in these programs, and if a surfer were to click on one,
then he or she would be directly sent to Amazon.com's web
site, and the referring web site earns a commission.

If you have an Internet-based merchant business, then you have
probably heard of affiliate or associate programs before.
Actually, you have probably heard of them even if you don't
have online access. This particular brand of marketing benefits
both the affiliate and the merchant — and many people are
joining in.

Of course, ever since the Internet has become popular, the
threat of scams has also been present. This is something that
you need to be aware of. At this point, there is a lot of talk
about the effectiveness of these programs. In fact, new
developments are emerging all the time that involve people
trying to get something for nothing.

However, I do recommend that you take a look into these
programs as either a new business venture as an affiliate or as a
merchant. You might not like the way they operate, and the
sheer volume of them might overwhelm you, but it won't hurt
to check them out.

For those of you who aren't aware of these programs, allow me
to explain. One web site joins up with a high-traffic site
(generally), and together the two help each other sell their
products. This is done through banners and links that you will
see on the affiliate site.

So, basically a web site is endorsing the merchant's site and
doing their advertising for them. This advertising is not free, of
course. These links generate money for the affiliate through a
percentage of the sale they get from the referral.

If you have a high-traffic web site and profitable merchants,
you could stand to make good money with this opportunity.

This is also advantageous for the merchant. If you are
associated with a number of high-traffic sites, your information
could be seen by millions of people. It will generate traffic to
your site and hopefully sales as well.

This method is also good for someone who has a web site but
doesn't want to spend money on a specific product. Doing this
will allow you to offer a convenient service to your customers
by providing them with links to a product they might be
interested in but that you don't want to spend any money on.

It's not going to cost you anything, and, in fact, you could make
money and not have to worry about the selling aspect of the
affiliate program.

Affiliate programs seem to work best for companies like
Amazon.com whose affiliates handpick books to market on
their web sites.

I recommend reading up on affiliate programs if you either are
starting a web site or already have one. If you associate
yourself with someone successful, you could stand to gain a
great deal financially as a result.

Be sure to use Internet resources to check for scams. As with
anything in business, if something smells fishy to you then you
shouldn't get involved.


** Get Past Your Fears and the Sky's the Limit
By Doug D'Anna, the "Hundred-Million-Dollar Man"

Fear of failure is something that can be put in the same ranks as
a fear of heights and a fear of public speaking. Though people
might not talk about it in the same manner, we all fear failure
to a certain extent, and some of us fear it more than others.

When you can get past that fear of failure, the sky's the limit.
Your fear might be the only thing standing in your way of
success. If you want to start a business of your own, then you
need to be able to push through the fear and take the plunge.
The good news is that, for those of you who can't get past that
fear, there are a few ways that you can ease your worries.

For instance, consider taking on a partner to share in the
success and to share in conquering the associated fears.

A partner can provide you with much-needed additional
money, which can help alleviate some fear concerning
financing. A partner is also going to bring to the table a whole
new set of skills and talents. You may be worried that your
creative skills are lacking. Well, you could find a partner who
is a creative marvel. Or someone who is more organized or a
better bookkeeper than you are. You can eliminate fears by
filling the gaps that you have in terms of skills, experience or
education.

There's a certain comfort in knowing that you have another
person by your side to produce ideas and to help you overcome
obstacles. There is security in numbers, and a partner might be
just the answer.

You can also find yourself a mentor while starting up.
Someone who has been there before can be invaluable for a
rookie entrepreneur. If you want to be a sole proprietor and
don't want a partner, then a mentor might prove helpful. A
mentor can be someone you can talk to about your fears who
can honestly tell you if they are valid or not.

Your mentor should be someone who has started a successful
business, so that they can give you useful advice when you
need it. A mentor can help guide you through this process and
help you see that you can accomplish your goals if you just
have some faith.

He/she will be able to listen to your fears in a way that a spouse
or friend can't. They will be objective in their opinions and
honest with answers, which is exactly what a new business
owner needs — someone who isn't going to sugar-coat potential
problems, and someone who will be able to show you the
ropes.

Make sure that you find someone whom you both admire and
trust. This could be a very important relationship for you, so be
certain that the individual you approach about this position is
someone whose advice you can actually benefit from and
someone whom you want to talk to on a regular basis.

Approach someone who fits these criteria and ask them if they
would be interested in mentoring you during your start-up
phase or for however long you need. This is a commitment
made by both parties, so make sure that you're in agreement as
to what this relationship entails and what you want from one
another.

A mentor can be extremely useful during the start-up phase if
you have worries that you want to discuss but no one to really
discuss them with. Sometimes getting your fears out in the
open is the best way to put them to rest. 

Business doesn't have to be a scary endeavor ,because there are
ways to help make it as smooth a process as possible.


** Organizing for Your Success
By John Hurd, Chief Wealth Researcher

Beside me in the office today there is a small group digging
through boxes and organizing files.

They are getting rid of what we no longer need and making
plans for everything that is left over. It's a slow process now,
but their work is going to help streamline future projects and
may even uncover a few hidden opportunities.

The question to ask yourself today is, "What potential is hiding
in all of my clutter?"

Now, even if you don't have any clutter and your shelves are
monuments to organization, this doesn't mean that you don't
have any hidden opportunities of your own.

You see, these boxes were kept in a very organized room with
labeled shelves. But, the old adage "out of sight out of mind"
certainly rings true here.

How then, can you organize your own space for success?

The first step is to get rid of items that are just a waste of space.
This should sound easy, but once you start deciding what to get
rid of, you'll also find yourself making up reasons why you
should hold on to this item just a little bit longer.

Here's a great rule of thumb to help speed up the process. If
you haven't used something in a year, get rid of it. If you
haven't used something for more than a year or two, don't even
hesitate about parting ways.

Your next step is to increase the visibility of items you want to
use in the near future. This could mean using clear boxes for
storage, so you can instantly see those items lying in wait.

After that, make a plan to use these items, and make sure you
write it down. Do this for everything, no matter if it is a list of
contacts you've been meaning to use or a file containing your
next moneymaking idea.

The key to organizing your workspace and your life is to use
what you have first and then move on from there. Eliminate the
clutter and you're free to move in whatever direction you need
to help you find success.


** Is it Really Free?
By Michael Newman, Self-made Millionaire

There's something about the word "free" that makes a person's
face light up like the sky on the Fourth of July. But much like a
firecracker, the substance of the word quickly fades to smoke.

After all, as you've probably learned in this life, nothing comes
for free. In fact, sometimes "free" can become quite costly.

The word free is a marketer's dream come true. It is the one
syllable that instantly gets people listening and ready to act
time and time again.

Just count the times you've been walking down the street and
have seen a storefront posting the sign, "Buy one, get one free."
It's very appealing to the eye, isn't it? In fact, I've fallen victim
to its powers on more than one occasion. What usually ends up
happening is that I come away with a number of products I
don't need, and was never even thinking about buying.

There must be something in our genetic makeup that makes
resisting the word free absolutely impossible. It seems as
though we are naturally drawn to its principles and defenseless
against its powers. However, there may be some refuge in the
old saying, "mind over matter."

By thinking about it, you may begin to notice that the word
free is code for "spend money you had no intention of
spending"? Look at it this way, would you really have gone
into a store and bought a new shirt if you weren't going to get
the second for free? Probably not. If the shirt cost $30 and you
got another free, you?re still down $30 you had no previous
intention of spending. Oftentimes, we'll even concede a greater
value if we're offered something for "free." When this happens,
you can be left with two inferior products instead of the one
you really wanted.

Another example is that when you make a purchase, usually
electronic equipment, you are given the option to purchase an
extended warranty that offers "free coverage." Well, look at
how much that extended warranty costs, then determine the
chance it will actually be used. Just think, if the company
wasn't making all kinds of money from it, would it even be
offered? Of course not! The only people getting anything for
free are the people doing the selling!

 

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