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Business Resources The Complete Site Build It! Reference Center Banners, Classified & Ezine Ads Domain Names/Hosting Services/Credit Card Facilities Reputable Money Making Opportunities Opt-In Lists / Auto-Responders / Other Resources
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Be Successful NewsIssue No. 345 - May 30, 2006. The Complete Site Build It! Reference Center... What's In This Issue 1. Article What's better than Multiple Streams of Income? 3. Article How to Succeed with Google Adwords 4. Article A Champion's Path to Achievement 6. Subscription Management/Publisher's Notices Sponsor Message Just published... The New Age Work At Home Plan: Internet Based Financial Independence in Simple 10 Steps. Get it today at: http://www.webbusinesswizard.com/ (Use the Gold Key at the bottom of the site to bypass the order form and save $97.) Regards, Kevin Sinclair Article What's better than Multiple Streams of Income? By Kevin Sinclair Let's begin by thinking about what Multiple Streams of Income means. Multiple simply means more than one and Income is money or its equivalent received for work you have done, services you have provided or products you have sold. Those terms are fairly straightforward, but what is meant by "streams" of Income? If you and your partner both have jobs then does that mean you are getting Multiple Streams of Income? If you were to look up stream in the dictionary you would probably find references to a steady flow or current. So yes perhaps a two-income family could be classified as Multiple Streams of Income as it is more than one income and it brings a steady flow of money into your bank account but this is not all that inspiring or revolutionary. Here are a few thoughts to make this more exciting:
Perhaps you can start thinking of a Torrent instead of a Stream. Multiple Torrents of Income. And what could be better than Multiple Torrents of
Income? You could have multiple torrents setup but they take up all your
time and you can't enjoy the fruits of your labor. Three terms that you
may like to consider are: Michael Gerber has an excellent book which talks about working on your business rather than in your business and one of the key points he makes is having operating procedures and systems. You make it so that you repeatable procedures. In the book he is treating your business as if it was a franchise. This means if at some point in the future you wish to sell your business it is much more attractive if you are not integral to the business. When it comes to systemization if you take a look at McDonalds they have systems that teach how to follow the procedures - the gherkins are sliced and placed in such a way so they don't fall out, the fries are heated to a certain degree and it is all made very simple so they can get fairly low-skilled people to do much of their work. You can apply the same in your own business so that you can focus your money on the areas which are hard to get done cheaply/well. Systems are not just for other people but also for yourself so you can have a basis from which to follow - for example if you create websites then they can all follow a similar format. Automation is very useful when you find you do something which is repetitive, complicated and/or boring regularly. We can take a very simple example - within Microsoft Word you might find you regularly type your company name XYZ Widgets Ltd - you could simply set up an autocorrect entry so you type in XYZ and it fills out the rest. There are many things that can be automated when it comes to computers - it can be done through macros, programming, scripts, and software. This indeed is one of the big allures of selling products online is that you can set it up so you can sell a digital product and the person pays and gets instant access to the product and can sign up to your customer list which then immediately emails them the most common troubleshooting procedures and can also follow up to gather testimonials, to recommend upgrades, to promote products, services and affiliate products. Residual income continues to come in after you have done the initial work. This does not mean there is not some additional work. An example might be rent on a property which continues to come in month after month. You may have to arrange repairs to the property and handle disputes but it is residual rather than linear income. The final part of the equation to be considered is Other Peoples Time. Once you have procedures in place then you can get people to follow those procedures to build your business while you deal with the things that are going to bring in more money and concentrate on parts you enjoy. Commonly people are not great fans of tax and accounting so they hire people to do it. You don't have to be a great web designer or programmer to be great at Marketing products online - in fact there are some well known "gurus" who have never done any web design in their life and wouldn't know how to either. The same thing applies to having a book in your name - "ghost writers" are nothing new and are not just for the big celebrities. Indeed all your research for your book can be done by other people too. Being an author of a successful book can be a very good residual income as sometimes a book can sell well for many years. Here's to Multiple Torrents of Residual Income (MTORI)! Helping you create your own products and services. Building your business. Focusing on your success. And, saving you a ton of time and money in the bargain! Everything We Do Revolves Around helping You succeed. http://www.isoregister.com/ ------------------------------------ Have you seen ConTEXT Ad Generator? This should be a $37 a month service, but its FREE! And It Just Doubled My Affiliate Income. Click Here For Affiliate Marketing On STEROIDS! http://www.contextadgenerator.com/ ------------------------------------ Finally, the First Practical, Step-By-Step, Roadmap
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Advertisers bid on specific "keywords", which determines where the ad is displayed. However, unlike other search engines, where placement is completely determined by the amount of the bid, Google uses a complex calculation which also takes into the account the popularity of the ad as well. Thus, an ad which gets clicked on a lot can end up in a better position than one with a higher bid. That's how Google rewards the ad for relevancy, so it pays to create an ad that will invite clicks. Advertising with Adwords has many advantages. First, the ad is displayed immediately, as opposed to waiting for sites to show up in regular listings, which can take months. Second, they can be highly targeted, meaning you can make sure you're only paying for clicks by customers who are sincerely interested. Third, Adwords allows you to run several ad campaigns simultaneously, so you can test the results and experiment on the fly to constantly improve the quality of the ads. You can even track the "conversion rate," or the actual number of sales generated by a given ad. This is extremely precise marketing. The first step is to come up with the best possible list of keywords. This is extremely important, because if you bid on the same ones everyone else is bidding on, you will end up with very expensive clicks. You can use any of the many keyword search tools available (wordtracker.com has a popular one) to determine which keywords have lots of searches but not too much competition. If you bid on enough low-cost keywords, you can do as well or better than if you had placed an expensive bid on a popular term. You can also place a limit on your budget, so that you can control how much your total expenditure is per month. You can also specify certain words you do not want included, so that you don't attract a lot of clicks from people looking for something related that you don't offer. The ad itself consists of four lines: a title of no more than 25 characters, a description with two lines of up to 35 characters each, and a line for your url, also limited to 35 characters. The title is what really attracts attention. It should include the keyword you're targeting, and should be as striking as possible so as to stand out from the crowd. If it's truly attention-getting, it could end up getting more clicks than other, duller ads higher up on the page. Some suggest that it should be in all caps, and include a price if possible. The description should include the major selling point of your product, and also include enough information to discourage clicks by unqualified customers. Make sure they know what you're selling and what to expect, as well as what sets you apart from the competition. Finally, make sure the URL listed takes them to the most relevant page in your site for what they're looking for. Make sure the link is up to date and functioning correctly. That's it in a nutshell, although the nuances are quite a bit more complex than we can deal with here. Many resources are available on the net which go into greater detail. But now that you understand the basics, you should be armed with the information you need to explore one of the most potentially lucrative marketing tools on the internet. Sponsor Message I am sure you have heard of Clickbank.com (R). They are a great marketplace but limited to many restrictions to sell products or earn affiliate commission... Well, there is a new F.REE marketplace to sell any product you want. Yours or become an affiliate for any item in the marketplace. It is called PayDotCom.com! Did I mention it is 100% F.REE to Join! Click here for all the details: http://paydotcom.net/ Article A Champion's Path to Achievement By Kathleen Gage and Lori Giovannoni We design our life with specific goals, plans and actions for achievement. Yet, in a moment all can change. We are then left to ponder the question, "Have you chosen your life path, or has it chosen you?" Even with the best laid plans there comes a time when our greatest achievement is to surrender to that which life has put in front of us. Surrender with a sense of acceptance not defeat. Acceptance of the inevitable often leads us to our most profound achievements, left to discover a purpose that may have been buried deep within our spirit. Like the tides, achievement has an ebb and flow. Our greatest achievements reside in the art of possibility. The possibility that regardless of what circumstances we find ourselves immersed in we maintain our beliefs, we continue to grow, learn and expand as a direct result of the situation. Possibilities, like people, require nurturing and a place to grow. Our minds house all possibilities, but access to them calls for a particular kind of self-love and personal knowledge. Knowing how and when to call forth the possibilities of your day or your life is an art. There are no project plans, goal setting courses or prioritized lists that will teach us to reach into ourselves and elicit the possibilities of our being. This is personal work; the personal work of self-care, both simultaneously powerful and fragile. Possibility must be cultivated until there is a strength that allows it to stand on its own. No matter how much evidence we have that life is full of uncertainty there are those who do all they can to achieve constant certainty. It is the very uncertainty of life that has us love with intensity, live with passion and cherish the moments that may have passed unnoticed if each moment were guaranteed to be followed by the next. It is the uncertainty of life that pushes us to achieve. Uncertainty may well be the catalyst to become our greatest self, achieving that which we otherwise would not have. It is that which allows the ordinary to become extraordinary, the average person a champion in their own right. A champion is one who understands that time is fleeting and life is rich with possibility. A champion is a champion first in their mind and heart long before they are a champion in their sport. We are all champions in the making. All we have to do is believe. -------------------------------------------------- Your ad could be here! Advertise through the 2 bucks an ad program - Ads in Multiple E-Zines... $2 each! Reach 502,000+ prospects with your 5 lines (55 characters per line) ad plus URL and email. For more information: http://www.ksinclair.com/2bucks.htm ------------------------------------ We're So Sure Our System Works We'll Let You TRY IT FOR FREE.... FREE Product... FREE International Business... FREE Websites... 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the same!" Subscription Management/Publisher Notices Editor and Publisher: Kevin Sinclair Privacy Policy: Be Successful News and Kevin Sinclair only use your email address to send you issues of Be Successful News. We do not sell or release your private email address to anyone. If you wish to unsubscribe, please see the link at bottom of this message. Disclaimer: Be Successful News is published by Kevin Sinclair, CPA. Copyright © 2004. The copyright in articles is owned by the article authors. This publication cannot be reproduced by any means whatsoever without the express permission of the publishers and contributing authors. Information and advertisements are presented and published in good faith. However, by using the information in articles or advertisements, the subscriber assumes all risk that information may be proven incorrect. Please conduct your own due diligence. For details on how to advertise in Be Successful News, click here. To start your FREE email subscription to "Be Successful News", enter your email address below and then click on the 'Join List' button. Join today and receive a FREE report on "Proven, Effective Direct Email Marketing".
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Copyright ©1997 - 2006 KG Sinclair. All rights
reserved. May not be copied without the written permission of the copyright
owner.
Last revised:
November 29, 2006.