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  • #990080
    N45H
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    Hey – apologies if this is the wrong section for this post.

    I’m interested in exploring options to generate a “passive” online income and looking to get up to speed with what works and what doesn’t.
    I’ve had numerous attempts at starting up a micro-niche blog along the lines of the “30 Day Challenge” (Basically a 30 day program to build a monetised affiliate blog) but was unsuccessful at each attempt.

    I’ve since moved into a new career that has given me a lot of subject matter knowledge that I would be able to write about and has good market potential in my opinion. I’m thinking something a long the lines of writing an advice/info blog with PPC advertising (or some variation) with the intention to earn some side income or is this pretty old school/difficult now?

    I used to be relatively up with manipulating SEO and affiliate marketing (both black and white hat styles) but I’m well aware that as time goes on it has become harder and harder to be successful with this. I’m wondering if this is still the way to go or are there better more effective and easier ways to do it? Can anyone point me in the direction of some good online resources that talk about this stuff?

    Thanks,

    Rob

    #1175385
    AmberS
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    Check out the 4 hour work week by Tim Ferris

    #1175386
    N45H
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    Hey AmberS, that was one of the first books I read about online incomes about 6 years ago, and is where I got a lot of my inspiration from originally, but unfortunately a lot of what TIm talked about is quite out of date now.

    #1175387
    JohnW
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    Hi Rob,
    “Good” is the relevant word in your post. I can’t offer a single “good” suggestion.

    The web is full of get-rich-quick-schemes. After 20 years in the industry, the next “good” one I find will be the first.

    It seems to me the people who make passive(?) incomes from the Internet are the ones who sell self-help books, classes, etc on how to make money on the Internet.

    As Mr Tim Ferriss has already been referenced as an example above, here is what The New York Times has to say about him and one of his books. I found it so good, I thought it worth quoting most of it…

    New! Improved! Shape Up Your Life!

    “The New York Times Book Review’s advice and miscellaneous best-seller list — the place where self-help books go to eyeball one another — is a boisterous rolling carnival of hustlers and hacks and optimists and jokers, with the occasional naked lady, tent preacher, dog trainer or television chef thrown in for good measure. Serious books do appear there, but they’re like guests who’ve wandered into the wrong party.”

    “What else is worth knowing about Mr. Ferriss? After college he founded — and later sold — BrainQuicken, a Web company that sells nutritional supplements. He’s a so-called angel investor in Internet companies. He’s spoken at one of those futuristic, cerebral TED conferences. He pals around with Silicon Valley C.E.O.’s. Wired magazine crowned him, in 2008, the “greatest self-promoter in the world.” He is said to be very good at Chinese kickboxing.

    If a movie were to be made of Mr. Ferriss’s life, it would star Matthew McConaughey in little rectangular eyeglasses. Mr. Ferriss likes to pose without a shirt — in some photographs he sprouts chest hair; in others, it’s been waxed away — and to describe the veins that run across his abdomen. He tosses around words like “thrashing” and, to refer to inanimate things, “bad boys.” His new book opens at an outdoor Nine Inch Nails concert.

    He can use without irony, as he does in “The 4-Hour Body,” lines like: “I was enjoying French food and a bottle of Bordeaux with a 25-year-old female yoga instructor new to San Francisco, fresh from the Midwest.” This poor woman lets slip that she’s unable to have an orgasm. Mr. Ferriss, as any humanitarian would, makes it a point to fix this problem for her. “I was able to facilitate orgasms,” he writes, “in every woman who acted as a test subject.”

    Everything about Mr. Ferriss’s book declares: This is not your auntie’s self-help book. No muffled “I’m OK — You’re OK” tone here. The vibe is: I’m Superbad, bro, and I have dimples. You’re a mole person who, if you become an angel investor in my books, might someday touch the hem of my Speedo.

    In his previous book, “The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich” (his subtitles are awesome), which was on the hardcover advice best-seller list for more than 75 weeks, he delivered tips like (I’m exaggerating only slightly): hire an overseas virtual assistant for a few bucks an hour and use the extra time to ski in the Andes.

    His new one, “The 4-Hour Body: An Uncommon Guide to Rapid Fat-Loss, Incredible Sex, and Becoming Superhuman,” made its debut at No. 1 on the hard-cover advice list on Jan. 2. It’s among the craziest, most breathless things I’ve ever read, and I’ve read Klaus Kinski, Dan Brown and Snooki.

    Mr. Ferriss offers advice about so many disparate things — not simply losing weight and building muscle and improving sex and living forever, but learning to hold your breath longer than Houdini (!) and hit baseballs like Babe Ruth (!!) — that paging through “The 4-Hour Body” is like reading the sprawling menu in a dubious diner, quite certain the only thing you’d dare order is the turkey club.

    Here’s a better analogy: “The 4-Hour Body” reads as if The New England Journal of Medicine had been hijacked by the editors of the SkyMall catalog. Some of this junk might actually work, but you’re going to be embarrassed doing it or admitting to your friends that you’re trying it. This is a man who, after all, weighs his own feces, likes bloodletting as a life-extension strategy and aims a Philips goLite at his body in place of ingesting caffeine.

    As befits the former chief executive of a nutritional supplements company, Mr. Ferriss talks up a witches’ brew of juices, nuts, potions and drugs. Here’s a typical burp from an early chapter: “Overfat? Try timed protein and pre-meal lemon juice. Undermuscled? Try ginger and sauerkraut. Can’t sleep? Try upping your saturated fat or using cold exposure.”

    Want to have “wolverine” sex? Who doesn’t? Eat 4 Brazil nuts, 20 raw almonds and 2 capsules of fermented cod-liver oil and butterfat four hours before intercourse. Mr. Ferriss used a hormone-slash-drug called human chorionic gonadotropin and more than tripled his semen volume. “Happy days,” he writes.

    Mr. Ferriss makes difficult things seem very easy. But that line from the old Tom Waits song applies here: “The large print giveth, and the small print taketh away.” Mr. Ferriss, for example, makes a big deal about how, on his diet, you’re encouraged to go wild one day a week, eating whatever garbage makes you happy. “Welcome to Utopia,” he says. Everybody ready to dig in?

    His advice for pulling this off mentions that diarrhea, unless one is careful, may result. One must consume grapefruit juice before the day’s second meal. One needs to ingest layers of supplements to increase insulin sensitivity. He drinks cooled yerba mate tea during his pig-out meals and likes a greens supplement. Best of all, he instructs one to “engage in brief muscular contraction throughout the binge.”

    To paraphrase Dean Wormer lecturing the pledge Flounder in “Animal House”: “Fat, twitchy and stupid is no way to go through life, son.”

    I’ll give Mr. Ferriss this: He is never boring. He’s always, on every page, as eager as a puppy going for a morning walk. He verges on being pretty funny. John Updike never described an intimate part of a woman’s anatomy as resembling “an Imperial Guard from Star Wars.” Dr. Ruth never followed a sex tip with a warning like, “Build a strong neck so she doesn’t pop your head off.”

    How can Mr. Ferriss get away with touting so many practices that are outside medicine’s mainstream? He seems to think of himself as a kind of Twitter-era Johnny Appleseed or Hans and Franz, wandering the planet, pumping you up, making orgasms sweeter and abs six-packier. He quotes one doctor who says to him, “You — Tim Ferriss — can do more outside the system than inside it.”’

    Caveat emptor (buyer beware),
    JohnW

    #1175388
    MatthewKeath
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    AmberS, post: 204005 wrote:
    Check out the 4 hour work week by Tim FerrisTim’s a great writer and promoter.

    He has unfortunately convinced a lot of people, many people I know, that his idea’s are actually doable for the majority, which they are not. (but they sound awesome which is why people buys his books)

    #1175389
    Gizmo
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    Hello,

    MondoTalk has reseller/partner/affiliate programs able to generate you a passive income.

    It’s not a MLM thing.

    If you wish to know more please send me a PM, I don’t want to mention it all here as it may look too self promotional.

    #1175390
    adrian
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    Sounds to me like you’d probably be comfortable with creating an info product. Amy Hoy’s 30×500 course deals with exactly that (https://30×500.com/)

    Whirlwind summary using your example. Do some research on a target demographic (say, dentists wanting to do PPC). Find out what their specific issues are by going to their ‘watering holes’ – forums, linkedin, blogs. Write multiple ‘info bombs’, posts that go into the problems and give solutions for free. Build an email list through a free 5 part email course. Use feedback to assist you in building an info product aiming at a very specific niche – video couse, ebook, online workshop…

    She details the process much better, but that’s the bare bones of it.

    Hardest part is defining your niche well.

    Best of luck with it!

    #1175391
    N45H
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    Thanks everyone for your input, especially the LOLs about Tim Ferris, my thoughts exactly. So it sounds very much like the monetised blog golden era is quite dead, if not close to it. I might have a think about some other ideas.

    #1175392
    JohnW
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    N45H, post: 204157 wrote:
    Thanks everyone for your input, especially the LOLs about Tim Ferris, my thoughts exactly. So it sounds very much like the monetised blog golden era is quite dead, if not close to it. I might have a think about some other ideas.
    I think my problem is with the word “passive” income.

    Whether or not anyone agrees with Mr Ferriss is irrelevant. He seems to work damn hard at earning his income.

    I suggest you Google, “how to monetize your blog”.

    Lots of suggestions offered, none of use if you want “passive income”. The useful ones will all talk about hard work and long term returns.

    It seems to me the “golden era” primarily refers to a time when the blog topic pickings were less competitive. If you are going to do any online marketing, you must expect competition to increase dramatically and in ways we can only guess at today.

    You are talking about an industry that is easy and inexpensive to enter, is subject to huge changes in the levels of competition, where the technological and distribution channels morph into unforseen areas every few years.

    The only thing that has not changed in the 25 years of its existence are the facts that there are still only two ways people can find your information:

    a. They already know its address and type it into their browser or pull it from their Bookmarks. (This is largely the expensive world of off-line promotion.)
    b. They click a hypertext link

    The biggest problems everyone faces are how to get their links in front of potential customers’ eyes and how you can encourage them to click your link.

    2008 Google: “We knew the web was big…
    “The first Google index in 1998 already had 26 million pages“… “how big the web is these days… 1 trillion pages” – This was for the year 2008!

    Feb 14: 28 Awesome Things You Didn’t Know About Google
    Now it is seems 60 trillion pages is where its at.

    The biggest marketing problem on the Internet for everyone is the explosively escalating difficulty, complexity and increasing cost of getting links to their blog or web page in front of their target audience’s eyeballs.
    Regs,
    JohnW

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