switch2richnow

earn in a passive way…


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Earn through Interest based website

It’s all about supply and demand. How do you research a demand using google keyword planner then if there is a demand for it then you can supply it. I think you have a great thing to market but only if there is a demand. There has been many, many things that I feel people would like but find out that nobody cares or would want to learn more.

What I would do! Research and make sure there are people looking for what I have to offer and the numbers say so then I would create myself a squeeze page giving aways some good content that I have created and then maybe even have my video course as an upsell or heck give that away as well then just direct that traffic after they opt in to an affiliate product.

Once I have that all set up and I’ve tested it and it is converting I then would start sending as much traffic as I could. Write 5 to 7 articles and submit to the directories per week, add a signature file back to your squeeze page and go find some high popular blogs that allow you to leave comments.

If you have a budget to work with then you can do some facebook ads and solo ads to test your funnel with and when it converts just scale. thats the fastest!

All of it is going to take time and its not going to be easy. Nothing good that comes really is easy at first. Just saying its going to take a lot of work on your part or you can outsource the whole thing. The rewards are a lot greator though and its well worth the time and investment.


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Who Want’s To Get Into Forex And Stocks With Me?

I used to play around with this using Metatrader. Its free to download: http://www.metaquotes.net/

I found some advice on Linkedin that I kept, I’ll post it here:

1) http://www.babypips.com start in nursery school and complete all courses
2) develop a trading plan
3) trade AND DO NOT DEVIATE trading plan, e.g. changing stoploss to a larger drawdown because you THINK a trade will come back
4) TRADE YOUR TRADING PLAN
5) On Saturday, review ALL TRADES from the week good and bad, You would not believe how many perceived good trades were bad ones, and how many assumed bad trades were good ones. ANY AND ALL TRADES are a 50:50 proposition
6) Revise trading plan based on review, a golden rule you will find that MORE THAN 60% of trades by the best of traders will fail, and LES THAN 40% will succeed. Why is the trader profitable? because of proper Money Management. The point of a trading plan and your desired style of trading is dependent on your understanding of HOW TO RECOGNIZE AND MAXIMIZE PROBABILITIES of a successful trade.

What I find personal easy to understand I know can be extremely complex from the perspective of others.

EGO is the hardest trading attribute to beat. I find that there are a few types of newbie traders. First those that will take a class and regardless of what is taught they still (and always) seek out the path of least resistance, usually leading to a robot or undoubtedly over simplified passive system.

Another The EGO takes over and the class of trader sets out to prove that they can develop a better system than their mentor (this was me btw) and usually will end up spending all their time optimizing and never getting to the point of placing a trade.

Very few individuals I find are able to break through the ego and just mindless follow a system that has been proven to work.

The short answer is that YOU HAVE TO FIND FOR YOURSELF what you recognize works for you. YOU HAVE TO DO DO DILIGENCE and put the work in to understand the why and how of a system strategy PRACTICE PRACTICE PRACTICE with demo accounts until you see you are hitting that 40% success rate.

There is a good reason that very few traders can make a living out of it. GETTING RICH QUICK IS NOT A POSSIBILITY

SCALPING is a sure way to loose your account, After many many years I SELDOM trade a time frame under 4 hours unless I am willing to loose money. 4hour and daily can be potentially very profitable with the right strategy.


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How to write a good sales email?

You could always use this tried and true approach.

So, in the instance of creating your promo email, here’s what we need to do…
1.) Powerful subject compelling the “open”
2.) Make it (the body) short and to the point… addressing 2 or 3 major problems
3.) “Blindly” offer a solution in exchange for the “click”.
We’re after the AIDA formula
Attention (email headline)
Interest (opener tips and introducing the product/service)
Desire (bullet points for the product/benefits)
Action (call to action, plus create a sense of urgency)
Now we’ll break that down a bit:

1. Powerful subject compelling the “open”

The “subject” of your swipe serves as its headline. You need to really think about your offer’s main benefit and drill it home in the subject.
What is the main benefit your offer has?
What is the main problem it solves?
Here’s 3 examples with their “type”, the main “benefit” of that offer” and lastly, how that offer’s benefit translates to a powerful headline or subject line.
Offer Type: Make Money Online (Free Video)
Main Benefit: Make $200/Day
Subject Line: “Watch Over My Shoulder as I Make $200 Today.”

Offer Type: Weight Loss
Main Benefit: Lose 15 Pounds This Week
Subject Line: Discover How I Lost 15 Pounds in Less than 7 Days

Offer Type: Dating
Main Benefit: How to Get Over Being Shy
Subject Line: Discover how I went from standing in a corner all night to being the center of attention and girls arguing over who was going to talk to me.
See how I’ve taken the main benefit of the four examples above and turned THAT into a compelling subject?

That’s the idea here. You want to take that main feature or benefit and use it as a tool to get your email solo-ad opened!

2. Next, make (the body of your solo-ad swipe) short and to the point.

The debate about what converts better – long or short copy – rages on but for this type of email in my experience, short, direct and to the point copy works best.

Usually, 1 or 2 (at the most) paragraphs works best followed by a “call to action” and a link to your landing page. That’s it!

When it comes to writing the body copy of the email and this makes it pretty simple. It is…

“Are you tired of PROBLEM, PROBLEM and PROBLEM? Well, today I have SOLUTION.

So for the weight loss program in the example above, here’s how this “formula” plays out.

First, we’d take the PROBLEMS facing most of those in the “weight-loss” market and break them down as follows:
They’re likely over-weight
Self-conscious about their weight
Low energy (possibly due to weight)
And the “solution” (benefit) my offer has is “losing 15 pounds in 10 days”.

Now, using these “problems” they have and the “solution” I have, I’d craft the email promo using the formula like this…

“Are you tired of being over-weight, always feeling tired and constantly feeling alienated from others in your social circle? Well, today I’ll show you how I lost 15 pounds in less than 7 days

This is the most important website you’ll ever visit if you want to break free from the shackles of being overweight and finally feel GREAT about
yourself when you’re hanging out with friends!

It’s important to note that in the weight loss example above, I took their “problems” and used them in the solo ad; in addition to doing that, you take the SOLUTION your offer presents and use it to SOLVE those problems!

3. Lastly, you *blindly* offer a solution in exchange for the click.

By now we’ve got the subject (or headline) as well as the body copy of our email written. Now it’s time to use a “call-to-action” to get them to click on the link.

Since an this is a promotional (sales) email we’ll use a “blind’ call to action.

A “blind’ call to action is one where we do NOT tell them what is on the “other side” (report, video, whatever) but INSTEAD tell them the BENEFIT they’ll enjoy by clicking on the link.

This BENEFIT is a restatement of that you used in your body copy closing. Staying with the weight loss example, remember how the main benefit was “lose 15 pounds in 7 days”?

To quickly create a call to action using that benefit you will put yourself in the prospect’s shoes and ask yourself “what is the biggest WANT the prospect has… and can use this benefit to GET?

Here’s the formula for turning the benefit and the emotional want into a call to
action…

To (BENEFIT) and Finally (EMOTIONAL WANT) Click the Link Here Now –>> MyWebsite.com

Now here’s the “call to action” using both the formula above and the benefits we picked out in this example…

To Lose up to 15 Pounds in as little as 7 Days and Finally Feel Great about Yourself Click the Link Here Now –>> MyWebsite.com

Do you see how developing a strong and “blind” call to action is done? This technique just flat out WORKS!

And I hope it helps you,

Make it a great day,

Warren


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Clickbank Balance – Have I earned or Not?

This covers all of it:

https://accounts.clickbank.com/accounting.html

This is the part you will be interested in:

“CUSTOMER DISTRIBUTION REQUIREMENT (CDR)

ClickBank will withhold payment of any balance until an account shows a minimum of 5 sales using at least two of the following payment methods:

American Express
Carte Bleue
Diners Club
Discover
ELV (European Direct Debit)
JCB
Maestro
MasterCard
PayPal
Visa
This requirement is in place to help prevent Affiliates from abusing the ClickBank Affiliate program by using their accounts for the sole purpose of fraudulently collecting rebates and/or discounts on their own purchases.

Once you have met the Customer Distribution Requirement, your account will begin issuing payments normally, in accordance with our Accounting Policy, beginning on the next payment issuing date.”

It tells you all about it and WHY they have put it in place.

All the best,


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How To Make Money Online Writing Articles. Must Read!

Hey guys, I was doing some research today and came across this new sites that can earn you extra income writing articles. Most of these sites pay an average of $15/500 words. Here is the list of the Top Ten Online Job For Writers:
1. Coffeebreakforwriters.com – pays typically $15/500 words.
2. Copify.com – pay varies.
3. Developertutorials.com/writers.php – pays $30-$50 per list-based article. They also pay for setting up a tutorial.
4. Stretcher.com/menu/writers.cfm – pays 0.10/word.
5. Scripted.com – pays $20-$35/article.
6. Loti.com/writers_wanted.htm – pays $10-$20/article.
7. Constant-content.com – pays btw $20-$100/500-1000 words.
8. writermag.com/the-magazine/contact-us – pays $25-$500/500-3500 words.
9. Writingfordollars.com – pays $15/unsolicited articles and $25/solicited articles.
10. Thetechlabz.com/become-an-author – pays $50-$75/tutorial.
There you go, the list to more extra income if you love writing. If you do not love writing then you can actually outsource the jobs on fiverr, proofread it and get paid. $5 for $20 job, $15 profit that reasonable multiply that by 10 in a day that’s $150/day and $4500/30 days. See the potential. This could even become a full income stream.


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method/software for filing files of paper in computer

Lifehacker. com is big on this idea, but some of their posts don’t involve starting with a gigantic load of paper.

first thing obviously is reduce the amount of paper. Does it really need to be kept?

Then get access to a good double sided scanner. my office scanner could eat a mountain of file very quickly but you might not want to bring stuff to work.

I bought an Epson wf3xxx duplex scanner printer. people swear by Fuji snapscans but they are expensive.

My advice gets less useful here… I’m on OS X, and  have access to an acrobat pro license, so that is what I’m using to scan. The Epson came with OCR software and there is plenty built into OSX too that helps.

I haven’t decided how I want to organize yet. maybe just file folders and search with the Mac spotlight function. I have Neat Desk software from a past foray, and then there are ever note, paperless by mariner, and devonthink.

I’m leaning towards simpler is better.

I’m going to keep an eye here for suggestions too as I am mid catch up on years worth of stuff.


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What aspects of your finances do you graph?

Ok, but remember:  You asked.  Danger… graph nerd.

This is a home built system.  Data input is done using our “books” in gnucash.  It just reads the back end file.  Human readable output is to cacti.  Cacti is a graphing system designed to graph networking stuff… but you can graph anything with it.  You can zoom in/out and see various levels of detail.  It graphs in a sort of “ticker tape” format by default, which is what I use.

I also dump all of this on demand to a text based cgi web page because I found that I am visual and want graphs and the wife is a numbers person and wants numbers.

Everything is automated… data gets updated at least 2x a day with stock/fund pricing and such.

* Asset Summary – bank/stock/mutualfund/misc
* Asset Type Percentage (same as above but as a percentage)
* Assets: Financial vs non-financial
* Assets vs Liability
* Liability by itself
* A summary of “retirement” accounts vs non-retirement accounts
* Asset type percentage (expressed as retirement vs non-retirement vs other)

* Retirement accounts (breakdown of every account on one graph)
* Trading accont (breakdown of every individual stock on on graph)
* trading account cost v value (sum of basis vs worth)
* Mutual fund account (breakdown of several mutual funds on one graph)
* mutual fund cost v value (sum of basis v worth)
* 401k account (breakdown of the individual funds in 401k)
* 401k account cost v value (basis v worth)
* Other funds/stocks/bonds (used to have several things… now just some old savings bonds here)
* Bank/Cash accounts (breakdown of several cash/checking/etc accounts)
* Savings breakdown (we have some liquid savings all categorized and earmarked for different things: pets, gifts, insurance, tools, tires, etc. this is the breakdown)
* Emergency fund (how many months it will last graphed using expense data from 30days, 90 days, 365 days and 5 years)

* ROI comparison (graph with every mutual fund, every stock on one graph and “roi factor” )

For every individual stock and every mutual fund, there are then 3 dedicated graphs: cost v value,  IRR% and ROI factor.

For income/expense I have the following graphs using 4 sets of data: 30day, 90day, 365day and 5 year.  This includes:
* income: active vs passive
* all income vs expenses (nonsalary income, expenses, swr4%, swr3%)
* nonsalary income vs expenses (nonsalary income, expenses, swr4%, swr3%)
* savings percentage
* dividends (breakdown of all dividends per stock/mutual fund)
* tracked expenses (breakdown of some big ticket expense categories)
* Level 1 expenses (this is a “roll up” …  expenses are in categories and subcategories… this is a rollup to the top level category)

* time to retirement (a combined graph of some of the stuff below… how many years to retirement computed using various methods)
* retirement required (a combined graph of some of the stuff below… how much stash is required using various methods)
* nestegg vs target (combined graph of the current financial assets vs 20x expenses and 25x expenses … computed several times with various data sets)
* ERE current ratio (Fisker’s ratio… retirement target is 25x… computed with various data sets)
* Then… for each data set (30 day, 90 day, 365 day and 5 year) there is a separate set of dedicated graphs:
**  Time to retirement
**  estimated retirement percentage
**  estimated retirement (actual assets vs required assets)
**  current withdraw rate (how long would current assets last at current expense rate and 0% return)
**  current withdraw rate 3% (how long would current assets last at current expense rate and  3% return)
**  current withdraw rate 5% (how long would current assets last at current expense rate and  5% return)
**  current withdraw rate 8% (how long would current assets last at current expense rate and  8% return)
**   ERE current ratio

* Firecalc 365 (graph of current 365day data run through firecalc for “retire now”, retire 1 year … , retire in 8 years… expressed as percent success)
* Firecalc 5 year (same as above with 5 year data)
* Firecalc first fit (years to retirement using current expenses/savings for both 1 year and 5 year data)
* Firecalc required portfolio (actual portfolio vs what would be required figured out with firecalc and a little brute force… 1 year data and 5 year data)
* firecalc current inputs (expenses, savings, portfolio value for 1 and 5 years)
* firecalc current outputs (highest/lowest/average portfolio for 1 and 5 years)o* firecalc cache age (hours since last firecalc run)


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Making a online business that does not rely on Google…

Speaking for myself, I’m a full-time affiliate marketer anyway, so search engine traffic’s not much use to me, even when it’s reliable. It’s actually about 20% of my traffic and 3% of my income, because it’s so unresponsive.

Personally, I always suggest to people that they shouldn’t put too much of their time and effort into trying to attract SEO traffic, for two main reasons: first, it’s very precarious and makes your business Google-dependent, and any business that’s Google-dependent is no more than one algorithm-change away from a potential accident (or even a potential disaster), as so many Warriors have been finding out over the last year or two, some of them to their very great cost; secondly, for me, search engine traffic has been uniformly the worst-converting traffic out of everything I’ve ever tried – search engine visitors to all my websites typically stay the least time, view the fewest pages, opt in the least often and actually buy anything by far the least often. I admit I do get tons of search engine traffic to all my main sites (because high rankings for multiple keywords happen to be a minor side-benefit of the main targeted traffic-generation method I use) but I’d hate to have to make a living just from that traffic.


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Part time programming job

For part time, if you are dedicated then you could try to find work as a consultant programmer at one of the firms around here. My FIL works at one of them and says that for that you really just need to have decent knowledge of several languages and architectures, especially for mobile devices. So maybe work on Android programing (Java), look at iOS work, and learn a little C# as well. The work in the line would change based off of the client, so it would certainly keep you busy and interested if you get in.

Third option is the one that I am currently pursing (but for full-time work).  Web development has become very big, and you can probably find part-time and even remote jobs in this field if you work hard at learning it for  while. I’m currently pretty far along an interview process for a full-time, remote Ruby on Rails web development job after just about 3 months of intense training in the full web stack this summer.  If you want to go this route, I suggest looking into Code School for a lot of the basics. If you work at it, you can get through every course they have in 1 or 2 months. There is also a good Software as a Service class that teaches Rails on the EdX website.  If you go out and learn Ruby, Rails, Coffeescript/Javascript, HTML (and HAML/SLIM), and CSS (SASS), then you would probably be able to find employment.  Start out by building a personal website to show people that you know what your are doing, and to provide a god learning experience.  I know this one sounds like a big (huge, really) undertaking, but it is also probably the option that would provide consistent part-time work the easiest.


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WHAT IS YOUR PREFERRED PASSIVE REVENUE STRATEGY?

I see a lot of people discussing their passive revenue strategies, and it’s great that there’s implementation going on. I’m wondering how you came up with the ideas for these strategies. Did you:

A. Research different demographics, find a NEED, and create the strategy in response to the demand? OrB. Come up with the theory yourself, THEN test and re-test the passive income stream?I would prefer to go with method A so I knew there was a decent chance of making money. For those of you who did that, how did you find niches and their needs? Are there websites or magazines that discuss hot trends? I’m unsatisfied with FOREX trends written about in blogs, I didn’t find a lot there.

I appreciate all help!

Warren Buff