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Robert Kiyosaki Interivew on AlJazeera

I am sure most of you don’t watch AlJazeera especially those who are in the States. So if you have missed, here is an interview with Robert Kiyosaki on AlJazeera with Riz Khan. Robert Kiyosaki is well known for his book “Rich Dad, Poor Dad”, his latest book is “Rich Dad’s Conspiracy of the Rich”.

What’s your opinion on the education system of your country? Does it prepare you to be successful businessman or good employee? I think in almost all countries in the world, it’s the latter. Please share your thoughts on this in the comments section.

Watch part-2 after the jump Read more »

       

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Make Money With Non-Latin Domain Names

ICANN organization responsible for managing the assignment of domain names and IP addresses has approved a new plan to allow non-Latin characters in Web extensions. That means there will be a rush for domain name registrations for valuable keywords in Russian, Korean, Chinese, Arabic, Greek and other languages soon.

According to some sources ICANN could start allowing registrations as early as next month. So, watch out for the day, you could make serious money if you can get hold of nice domain names.

       

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Fixed Rate Banners Coming Back

Popularized by BuySellAds.com, it seems like fixed monthly rate banners are coming back to the advertising networks again.

Today one of the major ad-networks LinkWorth introduced new fixed rate option called LinkBanner. They are running it with selected publishers for now, but will be implementing it network-wide soon.

Since global economy is struggling to come out from recession, I think it’s very timely to introduce fixed-rate banner options now. Because most advertisers would welcome this kind of advertising options, especially on high traffic sites (provided that the rates are affordable).

       

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Ninja Affiliate WP Plugin ($30 Off)

Pawan the creator of popular Ninja Affiliate WP Plugin has informed me that he will be offering $30 discount on the plugin until this friday (that’s three more days).

Ninja Affiliate is a plugin that can simplify the process of linking certain words in your blog post to your affiliate links. To know more about the plugin read this post of mine that i wrote last year.

Last year when I was conducting free giveaway contest for this plugin, Pawan was nice enough to give me free copy. Since then I fell in love with this plugin and would say it totally worth the money (now for $67 only).

Plugin Site: http://www.mbpninjaaffiliate.com

       

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Making money with twitter

Since twitter is yet to be monetized by its founders, more and more companies are coming up with programs that can make you money with your twitter account. Last time I have talked about magpie, today I want to mention about Sponsored Tweets by Izea. It’s still in beta and accepting early signups for Tweeters at the moment.

Jeremy of shoemoney got $250 for his first tweet, he has interesting post about it and “getting paid to tweet” topic in general. I have signed up and set my price to $5 per tweet :) let’s see what happens.

Website: https://app.sponsoredtweets.com

       

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Chance for you to make money with Facebook usernames

If you login to your facebook now, it will show you a notice at the top of the page which reads:

Soon you will be able to have a username
Starting on Saturday, June 13th, at 12:01pm, you’ll be able to choose a username for your Facebook account to easily direct friends, family, and coworkers to your profile…

That means you will be able to choose any keyword for your account, for most it would be their names but for many others who want to make money that would mean registering new dummy accounts and getting like these keywords below:

.
Obviously you won’t be able to get keywords like facebook.com/google or any other keyword that is copyrighted, trademarked or infringes someone else’s Intellectual Property. Facebook says regarding this: Read more »

       

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Idea for your next project (case study)

If you see top sites at BuySell (by their traffic and rank) you will notice that most of them are websites that offer free stuff. And believe me, these free sites are making a lot more than most of the “make money online” blogs (including mine).

The strategy is the same old strategy: offer free stuff, increase the traffic and then sell ads.

Most of the sites that have priced their advertising opportunities competitively are making quite good money.

For example, look at this site that offers free vectors. As you can see from the screenshot to the right, all the slots on the site have been sold out.

So the site is making at least $1150 per month - that is the income that comes only from BuySell, not including direct ads and sponsorships.

Your next project

So, your next project (one of many projects that you are launching) can be something like these sites. Sites that offer free stuff. Free templates, free themes, free icons, free graphics, brushes, vectors… etc.

Free stuff is also very easy to market. You can load some money to your StumbleAds and let it run for a few months. You can set the limit to few bucks a day and let the stumblers do the rest of the job (read how to promote your site with stumbleupon here). If the site offers quality stuff, many bloggers might blog and link to it too. You got the idea right?

So, now we have two projects already; one is Windows7 that we talked before and now this “Free Stuff” project :) What do you say?

       

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Idea Realization is a Challenge

Regarding my previous post about making money with Windows 7, yes it’s true that many people are now wanting to seize the opportunity and hoping to make money out of it. But it’s equally true that very few people will actually act on their ideas. Out of all the people who want to create a website about Windows 7, most probably only 5-10% will act on their ideas. And probably even fewer people will actually follow through and finish their projects successfully.

So, most ideas will be left as they are - in the form of ideas only. Some people might act on their ideas and pick a good domain name and register it, but won’t have the will to follow through and setup a website. Some people might setup a website but the outcome (design or the content) might not be as good as it supposed to be in order to be successful. And yet, some people might launch a great website but fail in their SEO and online marketing just to find out that other less great websites had beaten them because of that… etc etc

So, my advice is - if you are confident that you can launch a decent website about Windows 7, do the proper SEO and market it online successfully then you better don’t give up on that idea of yours! Because I am sure you have a pretty good chance of succeeding in it!

How do I know it? For the same reasons that I have mentioned above - that most of the people will not act on their ideas and even if they act many of them will not follow through until the end. As for the ones who complete their projects - “no one is perfect” - I am sure you will find a way to beat them, be it in the quality of the content, design, SEO, marketing etc. There is always a way to beat the competitors.

So the challenge here is:

1. Acting on your idea.
2. Following through with it until the end (i.e don’t quit half way).
3. Do the necessary adjustments to outperform your competitors.

Sounds like a plan? Then let’s get busy with our new project!

       

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Windows 7 - Time to Make Money

Microsoft is releasing yet again new operating system Windows 7 sometime in October this year. That means there is a huge opportunity to make money for everyone especially for bloggers, since most of them are good in setting up websites, doing basic SEO and promoting it on the net.

So how would you make money around Windows 7? The possibilities are many. You could setup a tech forum for Windows 7, or make a wallpaper site, or tips & tricks site, or Windows 7 hacks site etc - all of which are very popular segments for previous versions of Windows OS; XP and Vista.

Tell me more…

The idea is simple, basically you are going to use first mover advantage and try to be the authority website in your niche, to make your site popular and high traffic. And then put up some ads (adsense etc) and enjoy the fruits. Or sell the site and get a huge pay for it. Read more »

       

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Making Money with Twitter

While twitter is still trying to figure out how to make money, others are already making money with its platform. One such service is Magpie. Magpie is an ad-network for Twitter.

How it works:

In basic terms, you allow them to access your twitter account, and they will tweet relevant ads to your account. You get paid based on your number of followers, the rate of the ads (different category ads have different prices), and the number of clicks on these ads. How exactly they calculate your earnings is obviously known only to them.

You can define the tweet frequency, and for maximum control you can choose to pre-approve each tweet from magpie yourself.

How much you can make?

It depends on the number of your followers. Magpie has a calculator on their website. According to this calculator with my 177 followers, apparently I could make up to 8.61 pounds per month (i know.. that’s very small).

Let’s insert someone’s username who is influential on twitter. And that’s none other than @aplusk or Ashton Kutcher. He has over 1.5 million followers.

So the calculator says he could make over 90 thousands pounds every month! (see screenshot) Wow, that’s a lot!

Summary

So, as you can see, number of followers does matter. On twitter # of followers are like a “unique visitors” in normal websites. The more followers you have the more money you will likely to make when the twitter based publisher networks come out. Therefore, start building your twitter community, grow your twitter’s following. I am quite sure that twitter’s own (and other) “making money models” will rely on the number of followers that one has first. And perhaps this will be combined with the number of clicks that each ad will get.

Whatever it is, you will need to have a healthy twitter community, which is active and will actually follow your tweets. Because I am sure twitter (and other future publisher networks on twitter platform) won’t just pay you for having the most number of followers. Having thousands of zombie followers who do not click on your tweet-links won’t benefit you. Therefore, don’t try to grow your network with those automatic tools that will just fill up your twitter network with dead followers. Most of those followers are actually empty accounts that won’t get updated ever.

Well, Magpie might just have thought a lesson to Twitter on how to monetize their network.

Website: be-a-magpie.com (they should really get that magpie.com!)
Follow me on Twitter: @ades

       

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