Multiple Streams Of Internet Income By Frank Fricker - [Free] Multiple Streams Of Internet. Income By Frank Fricker [PDF] [EPUB] -. MULTIPLE STREAMS OF. 21 INCOME STREAMS: MULTIPLE WAYS TO MAKE MONEY ONLINE Make Money Online with eBooks Right now is one of the best times in Internet marketing. *FREE* shipping on qualifying offers. Praise for MULTIPLE STREAMS OF INTERNET INCOME If ever the world needed some help to succeed on the Internet.
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Multiple streams of internet income: how ordinary people make extraordinary money online / Robert G. Allen p. cm. Includes index. ISBN (cloth . Multiple Streams of Internet Income: How Ordinary People Make Extraordinary Money Online Read online, or download in secure PDF or secure EPUB format . Allen, Robert G. Multiple streams of internet income: how ordinary people make How to Create Multiple Streams of Income downloading Homes in Nice Areas With.
This is an opportunity to make money by providing a very necessary service. The problems that exist in the real estate market all across the US represent a chance to help people avoid getting into even deeper problems. A lot of families need to sale their homes to get out from under mortgages that they can no longer afford for a variety of reasons. There are also many people whose housing needs have changed and they are now ready to move. Whatever the reason there will always be people in every community on the move.
Anyone who owns rental properties knows that it's considered passive income but there is quite a bit of work involved. The work is front heavy but if you are lucky, you can collect rent checks without incident for many months before having to do work.
For example, my friend Paula shares monthly real estate investment reports. Rental income is passive but it requires work. How do you accumulate wealth?
Here's the next key to the puzzle. The key to accumulating wealth is uncomplicated: Sell your time for money, Spend less than you earn, Invest your savings so it will grow without your active intervention. That's it. It's a simple input and output problem.
There is just one constraint on the whole system — your time in this world. You probably only have 2. At 60 beats per minute, that's a little over 70 years. Each beat matters. There's actually another constraint, and here is where wealth inequality rears some of its ugly head, and it's known as Maslow's Hierarchy of Needs.
You need to eat. You need a place to sleep.
And both of those, and other needs, require money. So in an ideal world you could take your time to build a massively successful business or maybe a few failures before the massive success , but in the real world you need a job that will pay you now so you can feed yourself, clothe yourself, and secure a place to sleep. I call it financial gravity. If you want to really start tracking your finances, and I mean not just your spending but your investing that's where wealth is built , give Personal Capital a look.
It's a cornerstone of my financial system and I think you owe yourself a look. You are subject to financial gravity Think of your net worth as a airplane. You are trying to get it into the sky and soar effortlessly.
On Earth, we are all subject to the same gravitational force. The larger you are, the more that force exerts on your body. If you weighed nothing, you would fly away. Financially, our net worth airplanes are all subject to the same financial pull.
Where you choose to live, how you choose to live, the products you buy, etc — they will determine how large and heavy your plane will be to hold all that stuff. The greater the need monthly expenses , the more thrust income you'll need to take off. Your net worth airplane takes off when your thrust income exceeds your gravity expenses. Additionally, there will be a transition point when it's less like a plane and more like a rocket. It's when passive thrust plays a greater role than active thrust.
Your investments, hopefully, grow to the point where they exert the greatest impact on your net worth and your income and savings income minus expenses plays a smaller role. That transition point can be challenge to navigate but it is also very freeing. Start with Active, Build Up Passive If you have no other resources, you start by focusing on active sources of income job until you've saved enough so that you can build up passive resources. Earn more — This school has you focus on earning more, on side hustles, businesses, etc.
It's a false dichotomy. You can do both and you should do both. The difference is that cutting expenses is immediate, much like active income is immediately, whereas earning more is often a long term play, like building sources of passive income.
So you cut what you can now e. The importance of saving money, especially early in your life, cannot be overstated. When you start with nothing, or close to it, you are forced into active income. What you are able to save can be converted into passive income. If you don't save that active income, through your own choices or choices thrust upon you, you will be stuck in that phase forever.
Many of those passive income sources, like qualified dividends and long term capital gains, also get extremely favorable tax treatment. If you're in a low tax bracket to begin with, you may pay zero taxed on capital gains.
About those passive streams… I think of each passive stream as falling into one of two categories: You build something business that provides value and then capture some of that value. You lend money to someone who will build something of value and they pay you for that money. In both cases, you need savings. When you build a business, you're giving up active income instead of working for pay, I'm volunteering at my own business for future active and passive income.
In the meanwhile, you'll need a way to pay for your expenses. It could be that you're building a business on the side, so you still have a day job, or you're living on those savings. Either way, you need a cushion. When you lend money, you're lending your savings to someone who will put in sweat equity to grow it into more.
All of those potential future passive streams rely on having savings. Common types of passive streams of income As you build up your savings and envisage your future passive streams of income, here are some of the common ones here's a longer list of 21 passive income ideas : Interest — from a variety of loans, either to individuals peer to peer lending or private notes or companies bonds, notes Dividends — from investments, partnerships Capital gains — from the sale of investments Royalties — from products you sell or license Rental income — from real estate Business income — which may or may not be passive but the idea is you build something that generates income without active work, like a website or the sale of information products There are others, less common income producing assets , but those are the six types of most millionaires.
They mean 7 streams from 7 sources, even though the sources can be the same type. How I built my streams of income Rewind the clock to the early s. How about also getting paid for having conversations with people that you hold in high esteem? Before I do I need to tell you about an awesome product that you need to make this idea work very effortlessly. Depending upon the size of your niche, identify people who you consider experts.
Visit the online forums where people in your niche come to get help or offer advice. Take notice of the types of questions that are asked repetitively, the things that people struggle to accomplish or the goals that they set. Contact the experts to arrange an interview. Let them know the reason why you want to do the interview, i. Call the expert at the appointed time and record the interview.
Do some basic editing on the interview to give it professional sounding quality. Set up the sales process then let your niche audience know that the interview is available for download. Regardless of your niche there are always experts in every field that you can interview and enthusiasts who are willing to pay you money for access to those interviews.
Within a few weeks you should have at least 10 interviews completed. This is enough original material to add to a membership site and start receiving recurring income for the next couple of months. Continue doing the same and add more interviews as you go along.
Your income will continue to grow while you do something very enjoyable. Just ask the owners of sites like Craigslist and their many clones. Classified advertising has taken the leap from your newspaper to the Internet and your chance for profitability has skyrocketed along with it.
A classified ad site is a great way to offer affordable advertising to businesses in your community or to an online niche. More good news…some web hosting accounts include software that you can download for free and set up a classified advertising site. If not, you can do a search on google and find several options for low cost software to get you up and running.
This is an opportunity to make money by providing a very necessary service. The problems that exist in the real estate market all across the US represent a chance to help people avoid getting into even deeper problems.
A lot of families need to sale their homes to get out from under mortgages that they can no longer afford for a variety of reasons. There are also many people whose housing needs have changed and they are now ready to move. Whatever the reason there will always be people in every community on the move. Here are three ways that you can make money with a real estate portal: Offer home sellers free basic listings with the option to upgrade to premium listings which could include features such as virtual tours of their homes, more pictures, more space for descriptions, longer advertising of listings, etc.
Make money from affiliate programs that cater to a wide range of consumer needs that concern home downloaders or seller.
Some of these types of products could include mortgage products, credit scores or repair, insurance, furniture, appliances, cars, etc…the list is almost endless. Heck, you might not even feel competent to operate most software…forget about creating it. Just this morning I was watching Regis and Kelly on tv and heard them bantering about how completely non-savvy they both are. Kelly went on to say that the only reason that she even owns a computer is to download music to her ipod.
Maybe you can relate. Let me assure you that you do not have to be a geek, a nerd, or even own a pair of suspenders in order to make money in the software business. You can make money with software just by coming up with a great idea and hiring a programmer to make it happen.
Here are three of the top freelance directories where you can hire a programmer to create almost any type of software that you can imagine: In it, Jeff gives step by step instructions on setting up your own software company and making real money online creating simple products and turning them into big sellers.
Let me give you just a brief explanation of what teleseminars and webinars are. The easiest way to understand each of these is to remember that the root word is seminar. With either platform the basis is the information or seminar that is being presented. Otherwise, the difference is the way in which the seminar is delivered. Of course, a teleseminar is conducted over the telephone, In fact, participating in a teleseminar sometimes feels like eavesdropping on a phone call between a guru and a student.
A webinar is a seminar delivered over the internet or web using special software that allows you to make a presentation online and allows the audience to view the webinar on their computers. Internet marketer Doug Champigny has revealed 25 secrets that walk you right thru setting up successful teleseminars and websinars. This is required reading for anyone who is serious about making money in this way.
Be sure to check it out. It also comes with master resell rights so that you can tell others about this income stream and make a bunch of money in the process.
Basically there are three types of income streams that you may have coming into your business. If you do a one-time job, sale or perform a contract, you get paid once and the income stops there. If you do a normal 9 to 5 job, you will continue to get paid as long you continue to work for your employer—often called a linear income. You stop working and the bank account dwindles. The third type of income is the residual or recurring income where you are paid even after you have stopped working.
You had to go through the tedious task of researching, writing and getting a publisher. However, after that initial investment, and as long as your book continues to sell, you will continue to receive royalty checks. A majority of affluent people created wealth through a residual income stream. Take singer Michael Jackson for example; he still continues to receive royalty from the sales of his records made decades ago.
He can even repackage the same oldies and sell them to generate new income. This is the most ideal situation of the three. We would all like to work once and get paid over and over again. That is the power of residual income! The majority of professionals that enjoy this type of income belong to the creative fields such as actors, writers, singers, and inventors. But you can have a recurring income too. Many online companies will pay you a recurring income for referring others to them.
Instead of getting paid once like you do with most affiliate programs, residual programs pay you for as long as your referrals continue to be paying customers. Here are some places online where you can find residual income programs.
These are just a few but you can find many others with just a little research. In many cases, your customer may like to download audio products to a computer or ipod to be able to listen to the content on the go.
An audio ecourse would be very similar except your emails would include a link to an mp3 that the customer could download. They would then listen to the information rather than read an email. In order to do that just visit a few forums or groups within your niche and see what kind of questions are people asking repeatedly.
Creating content — Once you decide on a topic you can either write the material yourself or download good quality PLR articles.
Arrange the articles in a sequence that gives step-by-step instructions on how to complete the objective or goal. You next need to record the lessons into downloadable MP3s. For easy instructions on how to do this go to http: Delivering the audio ecourse to your customers - Send customers to your sales page where you can tell them about the ecourse and pay.
Probably the best autoresponder available is at http: People will be willing to pay you because everyone loves convenience. One of the best ways to make money online or offline is by offering anything that makes life easier.
The web gives you an opportunity to display your expertise in a variety of formats including writing, audio clips, or videos. All of these methods give you the opportunity to reach a global audience full of thousands of potential new clients.
Here are 5 ways that you can grow your business online as a coach or consultant: Free or paid newsletters — A newsletter is a great way to introduce yourself to subscribers and give them helpful tips, information and strategies. You can even offer two subscription levels — a free subscription available to anyone and a paid model where you can give more thorough information to paid subscribers.
Articles — As a coach you can write articles that give specific information about the subjects or topics that interest your niche. Ebooks — A further step from articles and special reports would be ebooks.
This could allow you to go into more detail about what you offer as a coach or consultant. For instance, if you are a marriage and relationship consultant there are some topics that are universal to all marriages.
Instead of constantly saying the same thing to each couple that you consult you can refer them to your ebook. Audio and Video Samples — Audios samples offer a good way to give instructions on certain topics and allow listeners to hear you and begin to bond with you is with the use of audio. These audio samples may include interviews, tips, podcasts or radio shows. Coaches that teach physical skills you may want to use videos to demonstrate the proper way to complete certain tasks.
The visual aspect of some skills is very important to learning and video is a better format to present this type of training. Teleseminars — One of the most popular marketing tools of coaches and consultants is the use of teleseminars.
In as little as 45 minutes or less you can take a prospect from being completely unfamiliar with your product or service to someone who is totally convince that they MUST have you as a coach in order to survive. Teleseminars allow potential clients to learn all of the benefits of your service while investing nothing more than their time and attention.
What you may not know is how to take this idea to a whole new level. A much more profitable way to create wildly popular content sites is by using breaking news that millions of people are search for TODAY. I certainly cannot discredit adsense a good way to monetize content site but I want to give you a few good alternatives. A good way to make money online is just by staying abreast of the daily news and making a simple webpage that you can have online within minutes.
You can have people arriving at your site very quickly by creating a few pay per click campaigns. You can do the same with sports or entertainment news. Text Link Ads. CPA Empire. Max Bounty. You can freelance from home using your skills as a Virtual Assistant. Virtual Assistance is one of the fastest growing industries on the internet. These are a few of the tasks that virtual assistants perform: Here are some organizations to help you become a successful virtual assistant: You can do this by creating a basic website that advertises local retail shops, restaurants and service providers.
You can monetize your online mall even more with affiliate advertising and revenue sharing programs like Google adsense. Be sure to set up a mailing list to send out regular notices about sales and special offers happening on your website.
Use an autoresponder to followup with local residents — http: Here are a few ways to get lots of visitors to your local mall: Word of mouth advertising Local Radio shows Public access television Local morning shows Press releases, featured stories or paid advertising in local newspapers and publications Pay Per Click and other online advertising Flyers in local stores Postcards and door hangers http: In exchange for your free profile on their website Myspace plasters almost every available inch your page with advertising.
When you go back to look at your profile it will simply be gone There are many ways to make money on Myspace without breaking any of their rules or risking having your page banned.
If you like the idea then you can use it too. Send me a link to your site if you like. As you can see in this picture a large portion of Myspace is categorized into groups.
You can also see that some of the groups have tens of thousands of members. This problem for them creates a huge opportunity for you. Why not create a site similar to Myspace that would allow business owners to advertise for a nominal monthly fee? Create a profile just as you normally would.
In other words, create a useful profile that people will actually be attracted to. After your first week, go ahead and start a group that caters to your niche. Tell the group that among other accomplishments, hobbies, goals, interests etc. As you continue to subtly mention your other site in future posts lots of people will check out the site just out of curiosity.
Some will even join when they see a site similar to Myspace that also allows them to advertise. I recently found a very good script that allows you to set up your own Myspace clone and offer monthly advertising as a feature. The script is called phpFox. Here are some more features that you get with this software: I immediately sent Willie a private message to request his permission to use the post here.
Within less than 5 minutes later, I received a response from Willie allowing me to share this idea to give you another method on how to create a full time income online. This is the kind of money making advice that you can get everyday from real marketing gurus like Willie Crawford only at http: Sun Dec 02, At the same time, I know that there are people who absolutely HATE the idea of having to do any type of customer support. It occurred to me that setting up a business where you take on x number of clients, http: I could see setting up a site named something like HelpDeskCentral.
So you'd have: Anybody wanting that as a business model feel free. However, since this IS the hot section, please pick the idea apart Mon Dec 03, Business Idea - http: I can especially see this working for offline businesses who could use extra support without having to hire a full time employee. Incredible idea, Willie. Thanks Joanne. Coming up with great, workable ideas is easy for me.
The hard part is choosing ONE and seeing it through to completion before getting drawn into another one That idea came about partly because one way to sell more of your product is to show potential customers more ways to use it. I like your twist of offering the service to brick and mortar businesses that don't necessarily have an online presence.
An upsell to them could be that online presence Willie WOW! As you can see, I thought this was an amazing idea. This is something that you can implement very quickly and make money almost immediately. If you live in an area where there are lots of small businesses that would not be hard to accomplish at all.
However, in reality this is a very scalable idea that you could really broaden to the degree of hiring help so that you could grow into a fully functioning help desk support business.
You could even go into certain niches such as medical or financial industries. I hope that you can see that what started as a simple post on a forum really is a blue print for what could be a very successful business that provides a much needed service.
It just might be opportunity knocking at your door. I visit a few other marketing forums but rarely have I seen a real guru openly share such a huge opportunity as Willie did here. Join us now at http: There are sites available for nearly every interest that you can imagine. Competition is a good thing. Evergreens are those subjects that remain popular such as how to make money, how to have better relationships, weight loss, self improvement, sports and recreation, music, finances, home improvements, retirement, vacations and travel, electronics, etc.
People are always interested in these subjects. The best part of a membership site is that once you set up everything you can continue to make money each month without a lot of additional work.
It only takes a few hours work to create new content and add it to your membership area.
Look at this example: With Easymemberpro you can set up a membership site very quickly without knowing anything about html or programming. One of the first actions that you can take to quickly earn money with this ebook is by reselling it.
Send out a note to your list and let them know that they should get a copy. You can also write articles, add your link to your email and forum signatures and bookmark your affiliate link on web 2. I want to give you every possible way that I can to make money online. These ideas not only apply to my affiliate program but to most of the ideas included in this ebook. My final thought to you is that I sincerely want you to succeed. If any of the ideas in this ebook helps you to make money online the please do let me know.