Shut up and start making money online already!

A few years have passed since I started learning how to cash in on internet traffic. I knew there were opportunities out there, but I had no idea that there were as many as I have found in the past few years.

The problem is that I’m lazy.

That’s right. I’m well aware that there’s so much virtually free money out there, but I just don’t have the time/patience/drive to go get it. At least most of the time…which makes no sense at all because I like making money. No, scratch that…I LOVE making money.

As of the past few months, I’ve been putting more thought into the concept of turning my knowledge into a passive income source by doing consulting for other people who run websites and blogs. Whether I apply the knowledge to my own projects or not only matters in that people will look to see what I am doing to see if I am walking the walk. However, I don’t ever reveal ALL of the projects I’m working on…so they never really know for sure.

Really it comes down to this: I need to stop being lazy. I need to be more productive and grab the money that is available. With so many ways to make money online, there’s no reason why I shouldn’t be able to pull in cash every single day. In turn, there’s no reason why I shouldn’t start consulting.

I was considering a business model for this…I can do basic consulting for free and just recommend certain programs to fit their needs via affiliate link. I mean, that’s all that really happens whenever you download a free pdf on making money and follow a link inside it.

The system works if you will. Er…if I will.

 


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Is your blog too commercial?

Pretty often I find myself asking the question ‘do I have too many ads on my blog?’. How much is too much? When will people stop seeing this as a decent blog and start seeing it as ‘spammy’?

I’m not sure that I know the answer. However, the way I see it is that if you are out to make money online, then you had better have a good monetizing strategy for your blog. And if you do monetize your blog, you should probably put some thought into how to monetize the living crap out of your blog while still letting it be readable to your fans.

John Chow, of course, is pretty much a master at this. I am more of a master of other things…not related to blogging. We won’t discuss what those things are because I’m not really sure myself. But look at his site…just about every link, every image, every…thing is dripping with affiliate-linked goodness. But it still LOOKS good.

Yeah. I’m not doing so well on the looks. Mostly because I don’t spend any money on theme development. I should probably do that.

So, what do you think? I’m I pushing it over the edge a bit? Should I figure out a way to revamp this site so that my ads and links blend in better?

 


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A little ain’t enough…

Today I was surfing the net at work…er…I mean, working hard at stuff…when I began to look over a few good personal finance blogs. I really don’t get a lot of time to go over that any more, but it did kind of remind me about a few things that I’ve let fall to the wayside lately.

I haven’t been saving money like I should be. Yes, it’s true that most of my paychecks have a $50 chunk taken out and thrown into my Ally online savings account, but the fact is that most of my checks come to less than $175/week. Yeah. Don’t do divorce. Child support is pretty hardcore. Especially when you take a pay cut. And I’ve been getting by thanks to a friend who’s letting me crash on her couch without paying rent (even though I’ve offered).

And frankly, after groceries, gas, and car insurance, there isn’t really much left.

Last night I applied for a second job as a doorman at a local psuedo-Irish pub (which is incidentally right next door to the more authentic Irish pub where we do karaoke on Tuesday). Perhaps that will come through. Goodness knows I need more money in my pocket.

Failing that, I’ve also got some freelance work that I could possibly fall back on. And yeah, I know I’ve been slacking a lot with my web work and blogging, but that doesn’t mean I’m tired of it. It just means that I’ve been too stressed out to think about it lately. And that, my friends, is a habit that I need to break.

Even if I can manage to pull down an extra hundred bucks a month, that would be enough to speed up my recovery process. It would pretty much cover my fuel and most of my grocery bill for a whole month! Hey, what can I say, I drive a 1994 Toyota Corolla. It’s not pretty, but it’s good on the mileage.

I guess you could say that my problems seem to compound easily. I get stressed about my personal life, and it affects my work. When my work is affected, it takes a toll on my personal life (mostly because it’s hard to have any fun when you have no money).

I’m refocusing my efforts on a few things. Wish me luck!

 


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Setting up my savings goal.

Well, I finally got around to setting up an actual savings account (the first one I’ve ever had). Not bad, actually. And for the first time I’ve paid myself first…by putting 1% of my paycheck directly into the savings account.

Granted, that’s not a lot, but I don’t have a lot of wiggle room to work with. My paycheck was about 15-20 hours shorter than it should have been thanks to a slowdown at work. But, it should pick up again soon, and with my second stream of income (the karaoke gig), I should be able to survive the week…if I’m careful and don’t blow money that I don’t need to.

So far, I’ve set an initial goal of $500 in my savings account. I’d like to do that by the end of the year. Four months to go! I’m hoping that I can make that happen somehow.

The income breakdown in my head (because it’s not on paper yet) is like this:

- 1% from Paycheck goes to savings.
- 25% of any web income goes to savings.

Now, that’s not a lot of money, especially since I’ve stopped pursuing the make money online strategy. Of course, that doesn’t mean that it won’t emerge in the future as a significant source of income. Ok, I haven’t completely given up on it, but I’ve shifted my focus to dealing with my personal life rather than trying to make a passive income source. It’ll happen soon enough. But for now, I’m just setting small goals and making sure that my fundamentals are in place.

Do you have any savings goals? What would you recommend that I do about mine? What changes would you make?

 


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Use Your Skills to Your Advantage

Right now is a very turbulent time in my personal life. As some of you know, I’ve been driving a truck for the last few years. It’s been decent, but it’s hardly the lifestyle that a man with young children needs to have. Of course, you have to take care of them and support them, so you do what you have to do.

Until last week, when they fired me. Some other personal issues had a serious negative effect on my job performance, and try as I might to keep them from interfering, they did. So now, I have some very hard decisions to make.

Monday I will be starting a new job in a call center, doing support for a major company. I’ve done work like this before, and let me tell you it was stressful. At least supporting those blasted Compaq Presario systems was. In addition, I’ll have to get a second job if I want to afford a place to live. On top of that, I have to be out of where I’m living now this coming weekend. It’s a bit overwhelming…heh.

But I say all of that to lead into the real topic of this article. You see, a year ago I tried to get this same job at the same place and was rejected because of a lack of “recent relevant experience”. Any of you who have ever changed careers know exactly what I’m talking about. You have to find a way to use what you know to your advantage, both in the analog world and when you want to make money online.

I was looking over my resume, trying to figure out just what it was that I was lacking. I mean, I had plenty of relevant experience, but customer service…well, it was there. You just couldn’t see it when you looked and saw the title “OTR Driver”. The fact is, we dealt with our customers at every stop. We had to do what it took to keep them happy. We had to sometimes diffuse tense situations when tops came in damaged or we were running late.

Bingo. You need to analyze what it is that you do in order to find out exactly which skills you do have.

How can this apply to making money online? Well, when I looked over my ridiculous work history, there were several things that I’ve done that I can leverage as experience. I can apply that not only to my analog job, but also my digital one. Here are a few of the things I’ve managed to leverage:

Blogging, Freelance Writing, Affiliate Marketing - I’ve been doing this stuff since the end of 2007. It’s made a bit of money. I am responsible for tracking my income, finding new clients, producing content, communicating with clients, editing my work, tracking invoices…you get the idea. With that much experience that would normally be taken for granted, I decided to put that on the resume under the header ‘self-employed’. It took time to develop those skills, and there was enough to justify putting it down on paper.

Radio/Voice Work – I’ve done a couple gigs in radio. I have also noticed that, while rare, you can find jobs on Digital Point recording spoken testimonials and stuff. So I decided I should leverage this and put an ad on DP offering a great deal on a 30-second bit of audio (complete with editing).

Basic Math – While it is true that this might not directly help you make money online, it can definitely help you when it comes to keeping your sanity and getting paid a fair amount for your work. Yesterday I was asked by a client (hey Ryan, :p) what my price was for doing link building. Since he was asking for a monthly price based on 8 hours per day x 5 days per week, I quoted him $1500 per month. Of course, he freaked out. He wanted to only pay me $150 for that same amount of work, which breaks down to around $0.94/hr. I do understand that he, being from India, has a far different currency system that we do here in the US, but I think most people who are regularly doing business on DP tend to expect everyone to work for the same low rates. Right now, it takes about 49 Rupees to make 1 USD. From what I understand, it only takes about 15 to buy a decent meal in India. But here, it takes a bit more. I really couldn’t justify spending that amount of time working for that small of a payment. Not that I didn’t appreciate the offer, but it just wasn’t worth my time.

I’m sure there are tons of other skills you have. You just need to step back, look at what you have done or are doing, and enumerate them. Then, milk ‘em!

 


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