YourNetBiz Mentor Rumal Choudhury – My Why?
By · CommentsHi guys in this short video below I will explain my main motivations into why I joined and internet based business. I hope you enjoy it. Please feel free to leave any comments
Rich Dad Poor Dad Review
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In todays blog post I will be doing a book review of one of my most favourite books, “Rich Dad Poor Dad by Robert Kiyosaki”.
Why do some people in the world amass enormous amounts of wealth, when in some certain parts of the world there is desperate poverty?
In the world view the attitudes of people who become rich compared to other people is drastically different. What things do they do differently to have such extraordinary results in their lives?
Robert T. Kiyosaki then had a plan to find out. In life for the majority of young children, their biggest role model in life is not friends or teachers or mentors, it is usually their parents. Robert’s father was an educator and public administrator. When Robert was a young boy, he and his friend, Mike decided they wanted to learn how to become rich. They started by trying to make (counterfeit) money.
Robert’s father explained to the boys this was illegal. But he also stated that due to the fact that they were not hugely wealthy, he did not know how to become rich. Robert’s father suggested the boys ask Mike’s father how to go about it. So Mike’s father, an independent businessperson, became a mentor to Robert, his “Rich Dad”, hence the name of the book.
The book is an inspirational insight into how the Rich Dad taught Robert valuable life lessons into taking essential steps into reaching financial independence. Robert had learnt that our formal education system is pretty good at producing employees but not very good at producing people who are good at managing their finances wisely. That is why there are a lot of people who who are in debt. People who spend more than than they earn.
Robert now teaches people how to apply the principles of becoming rich. In addition to publishing the information in this book, he has developed a game, CASHFLOW(tm) 101 to help people develop their financial intelligence.
Robert also has a unique definition of an asset versus a liability that is different from conventional accounting. Investors generally focus on accumulating assets and avoid liabilities. Simply stated, assets generate income or cash. Liabilities consume cash. Rich people accumulate assets. People who aren’t rich accumulate liabilities. Some things that look like assets are actually liabilities – for example: a residence, a car, a boat. When we accumulate these things, we are not really accumulating wealth, we are consuming it. If we haven’t accumulated sufficient assets and we acquire these “toy” liabilities, we are putting the cart before the horse. Instead, we should emphasize regularly acquiring stocks, bonds, tax lien certificates, rental real estate, and other investments. We also need to learn to build value and get some tax shelter by building our own business.
Robert acknowledges that it is possible to use the principle of compound interest and regular saving to achieve financial independence. The problem with this approach is it’s a long, patient one. Most people get started too late for it to work.
The rest of us must develop our financial intelligence, make risk our friend, and accelerate our financial growth. Although diversification is appropriate for preserving accumulated wealth, the investor usually must take the additional risk of focused investments in order to initially accumulate wealth. Bigger returns require accepting more risk.
Rich Dad, Poor Dad is the kind of book that opens your mind to new possibilities. Whether to contribute to your child’s financial education or your own, you will want to have a copy in your home.
I hope this book review has given you a short insight into this fantastic book. Please feel free to leave your comments below. Remember as the great Jim Rohn said:
“Formal education will make you a living; self-education will make you a fortune.”
To stay updated with all future updates, please feel free to subscribe via RSS Feed. All the best for now.
Rumal Choudhury
How To Generate Traffic Without Spending A Dime/Penny
By · CommentsEvery internet marketer, whether a seasoned expert or an amateur, is constantly looking for different ways to traffic generate and ultimately bring as much traffic as possible to their website/blog. The key to being successful is keeping up with the different strategies constantly evolving. There are always new strategies to learn and old strategies to unlearn because they don’t work anymore.
Many new marketers are intimidated by the process because it seems like a monumental task as there is so much to learn. Often, they feel that they don’t have enough money to generate any real traffic because all they hear about are paid methods.
Below is a list of some of the paid methods:
1) Hire someone to optimize your blog
2) PPC Advertising (Pay-per-click)
3) Traffic generation tools and products
4) Purchase an ebook on the topic
5) Affiliate products recommended by other bloggers
6) Hire someone to optimize your Facebook page
Much more – if someone can think it up, they will sell it
But the truth is, You don’t have to spend money to generate traffic!
There are many ways that you can bring in new traffic on a budget, even if your budget is free until your blog is bringing in enough money for you to purchase the paid products that you desire.
When you give an honest effort at the following free methods ,you will see real results! I suggest you take a screen shot of your Alexa ranking and site statistics before you start. Then you can compare the results by taking another screen shot every month or two.
Blog Commenting
Commenting on other people’s blogs is a very effective way to bring traffic to your blog/website. If you follow some basic rules, you will find others drawn to your blog from your comments on other blogs:
- Leave valuable comments by adding value to what the author has written. When people see that you have a lot of value to offer they will want to see what other gems you are sharing on your blog/website.
- Respond to the post content. If you haven’t read the post it will be obvious to everyone who reads your comment. You will look bad, and people will be repelled from your blog/website.
- Be respectful with your tone and words, especially if you have a differing opinion from the author – it is acceptable to disagree.
If you are serious about generating traffic, you will want to comment at least 8-10 times a day or at least 40-50 times a week. Comment on blogs in your direct niche as well as blogs that are in similar niches. You want people to recognize your name and your face!
Be sure to get around to different blogs, not always commenting on the same ones day after day and week after week. Though it’s perfectly fine to have regulars – that is a great way to build relationships with other bloggers. You want to have a good balance between regulars and new or less frequent blogs.
Join Social Networks
Join as many of the social networks as you can keep up with. Try some new ones ,because they all offer something different and you may end up really liking one that you didn’t want to try. If you find that you really do not like one then try another. Use the ones that work best for you! Social networks are a great way to promote your posts and meet like-minded people.
There are many that you can join. Some of the bigger ones are Facebook, Twitter, Digg, StumbleUpon, and LinkedIn. Look around. There are a lot of social networks that you can join and many niche-focused networks are becoming popular as well.
Voting sites are a great way to network with others as well, and they often offer a lot of ways to build community. Two voting sites that I really like are Blokube and Serpd. Both offer voting buttons that you can put on your posts so that your readers can vote for your post. They also offer commenting on the site and a sense of community.
Create a Free Report
A quick way to make a free report is to gather some of your best material from your blog and combine them into an ebook. Put links to your blog into the book and give it away on your blog, sharing the link on your social media sites. You can also add your ebook to one of the many free ebook sites which accept submissions.
Learn Basic SEO
Learning basic SEO (Search Engine Optimization) is not nearly as intimidating as learning all the ins and the outs of SEO. Once you learn the basics then you can move on to learning the more complicated and intimidating aspects.
Use the Google Keyword Tool to research your keywords for free. Use the free SEO plugins that are available in your WordPress dashboard such as the All in One SEO plugin and the Clean SEO Slugs plugin. Using these plugins will help you to optimize your blog/website for SEO simply and easily until you learn more about it.
Forum Marketing
Establishing yourself as an expert in your niche through the use of forums or message boards can be a valuable tool in bringing people to your blog/website. You should have the goal to start one new thread a day or five throughout the week in addition to replying to other posts.
If the forum allows links in your signature you can have a link directly to your blog/website, but don’t blatantly promote your blog/website in the posts. You want to instead establish yourself as an expert through the posts that you write. Direct people to your signature which should have not only the link but a little blurb about yourself and your expertise.
Other Free Generation Methods
- Create videos on Youtube
- Write guest posts on similar blogs
- Join a tribe
- Link to other blog posts in your posts
- Answer questions at Yahoo Answers directing to blog posts
- Join a blogging challenge
I would love to hear your thoughts in the comments and don’t forget to share this with your followers! Thank you!
To Your Success,
Rumal
Daily Plan of Action for Internet Marketers
By · CommentsIn this blog post I have made a video explaining why it is essential to have a daily plan of action when working at your internet marketing business.
How To Be An Internet Millionaire
By · CommentsMany people aspire to be millionaires, but unfortunately the reality is far from the truth. The first common characteristic which many self made millionaire’s possess, is the fact that in the beginning they all made many sacrifices and they all have a positive mindset and/or vision that they will succeed.
A Few Statistics
In Forbes magazine, it was reported that last year there were 691 billionaires in the world. In India there were 61,000 millionaires. In 2003, 1,400 people per day were becoming millionaires. That number is no doubt significantly higher in 2006, and there’s no reason why you shouldn’t be next.
Confront Your Fears and Do It Anyway
When your venturing into a new industry in the beginning everybody has to make sacrifices. To train to be the best and the most successful, everybody has to confront their fears and do it anyway. And dont worry if you make mistakes along the way, because mistakes are good. It is showing you are making progress and so long as you learn from your mistakes, then it is all ok.
Follow the Advice of Rich Successful People
It is common sense really, if you want to be an internet millionaire will you follow the advice of friends and families who are all in a completely unrelated industry or someone who has been there and done everything which you want to do and made a huge success of it. It is natural to follow the expert in the field to avoid any mistakes and steer clear of any pitfalls.
Donald Trump listed the top ten ways to think like a billionaire. Some of these were: Don’t take vacations and don’t sleep any more than you have to. So, yes, in the beginning, there will be sacrifices. But think about it. If you sleep ten hours, how can you compete against people who sleep only four hours? If you want to become an internet millionaire, you do what is required.
That’s right – you must be willing to do whatever it takes in the beginning. If you do, you will be rewarded by enough money and time to later relax and enjoy the things you’ve always wanted to do.
Have No Regrets – Everything Happens For A Reason
From a very early age in my life I was told that if I want to have the finer things in life, such as the fast cars, big houses, luxury holidays etc, then only I can be the one to earn it all for myself. Remember everybody has the same choices and opportunities to riches. You can either grab the bull by the horns and confront your fears head on and try and achieve massive success or you can take the common safe route, doing the the norm for the rest of your of your life and be ordinary. Well me personally, I never wanted to be ordinary, I always wanted to be extraordinary. Take make the transition from ordinary to extraordinary you have to get out of your comfort zone and dont let fear control you.
What Do I Have To Do To Become An Internet Millionaire
Idea + Information and Advice + Business Plan + Action = SUCCESS
When I first came across Internet Marketing, I always had a vision and a goal to escape my job and felt I wasn’t really worth spending the next 20 or 30 odd years giving my life away for a boss just to make them rich. The above diagram is the same formula which I was told by a successful self made millionaire to follow to the letter. I knew it is so much better to follow the advice of a millionaire instead of my peers and family because the that is exactly who I aspired to be. I always also had an open mind because I once read a book by Robert Kiyosaki and he said:
“People who refuse to open their minds to new strategies seldom become rich, which I guess is why there are more critics in the world than rich people“
What To Do Next?
So here are the essential steps for success:
1) Ideas your passionate about.
Find out an idea what you are passionate about, because if there is something which are greatly enthusiastic about then you will find it a lot easier to promote and you wont see it as work.
2) Choose a Company.
Find a home based business company which has reputable testimonials, many success stories and a proven track record. The business which I only promote and recommend is YourNetBiz. This business allows people from any background, any knowledge, to succeed. Please feel free to check out the tour right here to get extra information about the business. Alternatively, if you do not have the necessary start up capital to join a business like yournetbiz, you can also make a substantial income promoting affiliate products such as clickbank.
3) Devise a Plan.
“If you FAIL to PLAN, you PLAN to FAIL” This is a very important step. If you want to succeed in internet marketing, you all need to have a structure, or guide or plan of exactly how you are going to accomplish your goals. If you have a goal to achieve, it is better to break down the entire task in smaller manageable chunks. That way you can achieve your goals much more quickly and easily.
4) Drive Traffic and LOTS of it.
This is by far one of the most important pieces in the jigsaw in internet marketing. It is a simple fact that NO TRAFFIC = NO MONEY. When first starting out it is not necessary to have a huge marketing budget. There are many ways to promote and market your business via free methods. Because an internet business is highly automated, once you have implemented a solid foundation you can then work at your business a lot less in the future. That is why having an internet business can be your key to retiring early, and your road to FREEDOM (whether it be financial freedom and time freedom).
5) Build a Relationship and Give Value
Many internet marketers say that “The money is in the list”. Well that is a big misconception. If you are regularly marketing your internet business and getting your website massive exposure throughout the internet, then you will be growing your customer database (AKA Your List). Also it is another essential requirement that you build a TARGETED LIST. What this means is depending on what niche your involved with for example health and fitness, then you want your list to be people who are genuinely and actively searching for all health and fitness related products. There is no point having a customer database list of people who are looking to learn origami for example, because that is not related to what your promoting and marketing.
The next step is when you have a list of targeted customers in your niche then you ALWAYS have to remember the following saying: “Overdeliver and Underpromise”. Never do the opposite of underdelivering and over promising. The most successful internet marketers are always looking how to give extra value to their list. This is what enables them to have a highly responsive list because people will trust what you as the marketer will have to offer. In the long run you can potentially make lots and lots of money because this.
6) YOU make money and LOTS of it.
If you follow the above steps to the letter, and you are actively marketing your business on a regular basis and you give massive value to your subscriber list, then this could your blueprint to your road to FREEDOM. All you have to do next is consistently repeat this process. Remember Internet Marketing is NOT rocket science. It is highly achievable for people from all different backgrounds, to achieve the same success which you desire. The system itself is very duplicatable and anyone can do it. You do not have to re-invent the wheel.
I hope you found this blog post of great value. Please feel free to leave your comments below. Have a fantastic day!
Internet Marketing Basics for Newbies
By · CommentsHi there, In order for anyone to contemplate making a career change, it can be a very daunting process. Internet Marketing can be a very successful, and rewarding career. But like everything, not everyone has the ability to succeed in everything. So, it is absolutely essential that you do thorough research. When I first came across internet marketing, I was initially very skeptical and thought this seemed way too good to be true. So naturally, I had done a lot more research by reading books, going to seminars, looking at testimonials etc. But unfortunately, along the way I had made many mistakes. The mistakes I made was the fact that because with internet marketing it is a work from home business, it requires 3 essential thing for success, and they are:
1) Commitment – Commitment to work at the business, and really treat it like a business and not a hobby
2) Consistency – Consistent in all your marketing efforts. Work 2-3 hours every day for a minimum of around 10-12 hours per week.
3) Coachable – Being able to follow a guided path. A person (or mentor) can you show the path to success but only YOU can walk across it and take action on everything that is being taught to you.
Like I said earlier, not everyone can succeed in internet marketing even though it is a highly automated business, it still requires an element of work involved. Here is a basic list of exactly what internet marketing is all about and what it takes for a newbie to succeed in this industry.
What is Internet Marketing
In the simplest terms, internet marketing is is the promotion of products or services over the internet.
What tools are need to succeed in Internet Marketing
Like most industries whether it be finance, insurance, steel or fashion, there are certain essential tools needed for anyone to get involved with internet marketing:
1) Domain Name: A domain name is your own website address.
2) Hosting: Hosting is the ability to make your website go live onto the internet. It is essential that you have a domain name also because you cannot have one or the other. The two go hand in hand.
3) Squeeze Page/Lead Capture Page: A Squeeze or Lead Capture Page is a website with usually a big enticing headline at the top, a short description of exactly what the website is all about (AKA Sales Copy) and then an opt in box or a form allowing the reader to gain more information via email (autoresponder). A Squeeze Page is usually easy to read and clean with sometimes a video included. The main aim for the squeeze page is to capture the prospects email address.
4) Autoresponder: An autoresponder is an email follow up system. Because an internet business works for you 24/7 you can write pre made emails to follow up with the prospect. It gives you the marketer the ability to communicate with your potential customers and team members.
If I was to start today in internet marketing, once I have all the above steps implemented, I am ready to get started to market my business
What Happens Next?
Below is a diagram of exactly what internet marketing is all about in the most simplest terms:
Happy New Year 2011! FREE Gifts January Only!
By · CommentsHi everyone hope you all had an awesome xmas and a new year.
Now with it being the 3rd January 2011 today, I will be doing a
special xmas and new year promotion. Please check out the
video below to find out more about it.
What is the best way to make money online?
By · CommentsAcross the Internet it can be extremely difficult to find out what business opportunities are legitimate and which one’s can be downright scams or hype. That is why as an Internet mentor, I do not join every opportunity which comes along my way. But in this blog post I will be doing a review of the best opportunity I have ever come across. The opportunity is called My Shopping Genie, and it is a FREE shopping tool which people install onto their computers and when people do a search for a particular item, on any search engine a small toolbar pops up with the cheapest possible price for their particular keyword search. The amazing thing is, if you become a distributor, your entitled to give away unlimited free genies (shopping tool) and then YOU make money for each genie you give away. The amazing thing is, because you give a way a tool which saves people time and money, the potential to become an Internet Millionaire, is highly achievable.
Hello world!
By · CommentsWelcome to WordPress. This is your first post. Edit or delete it, then start blogging!
