Entries Tagged 'Income' ↓

Well if you are Alborz Fallah your answer would be over 7 figures a year. Or, if you are Yaro Starak your answer would be well over $100,000 a year. Would you like to be one of them? Or at least know how they did it?

Well now you can! You can find out the strategies Alborz Fallah uses to generate huge income from his blog each month with this interview. Best of all you don’t need to pay anything or even enter your e-mail address to read all about it. You can read or listen to the interview for free here.

Also, Yaro Starak has just released two videos showing you how he makes his money each month. The first video shows you how he does it and the second video shows you how much he makes. Again you don’t need to pay anything or even enter an e-mail address to watch these videos. You can watch them free here.
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Well it has been two weeks since I started my domain embarking experiment and I though I would give you all a little update into how it is coming along. First, it took somewhat longer than expected to actually embark all the pages to my satisfaction. The main reason for this seems to be that their servers could be really slow at times.

However, I did eventually get them all embarked, but it probably took at least 15 hours worth of work to get all 96 domains ready for prime time. To see what domain embarked pages look like you can visit three of my sample sites here: japanflights.info, berlinholidays.info, brugestours.info.

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Your view on the falling US dollar (USD) probably depends a great deal on where you live. If you live in the United States you probably haven’t noticed it as much as if you live outside it. To illustrate this point I will tell you about my own personal experiences operating an Internet business outside the US, yet still getting paid in US dollars.

For those that don’t already know (I can’t actually remember if I’ve mentioned it or not), I live in Canada. And, I can tell you that falling US dollar has had a huge impact on my online income. For example, take my February income report where I earned just over $2,000 US. Currently the Canadian dollar is very close to parity (+/- a few cents) so I earned roughly $2,000 CDN.

However, just three or four years ago $1 USD was worth about $1.50 CDN. This means that if the exchange rate today was still the same as it was then, I would have earned $3,000 CDN rather than $2,000 CDN, a pretty big difference.

Still, there is no point complaining and wondering about what ifs. You or I can’t control the international currency markets, so we have to live with it. The fact is the US dollar has been declining for several years now and, in my opinion, will probably continue to fall for several more. So, the problem now, is figuring out how to profit or at least manage the damage from its decline. Continue reading →

I was going to write a post today about my experience with outsourcing work. However, the work I have outsourced is not finished yet, so that post will have to wait for a later date. Instead, I thought I would explain a simple yet incredibly important topic of passive income.

In theory passive income is money that you earn without having to expend additional effort. And I don’t mean something like winning the lottery. Common offline examples include dividends from stocks, rental income or bulk candy vending.

In practice most passive income strategies involve a fair bit of work at the start but should only require minimal work in the long run. To better illustrate this, let me use the real estate market as an example since you are probably already somewhat familiar with it (you do live somewhere right?)

Now, I am going to use simple numbers here for simplicity sake. Obviously, real world examples will be different depending on where you live but I hope it will serve to clarify the difference between earned income and passive income.

Say you buy a slightly run down house for $10,000. You now have a choice, you can either rent out the house for $100 a month, or make some cosmetic improvements to the house and try to resell it for more.

Let’s assume that you opt for the latter option because you heard you could make killing flipping houses. You do some work to the house and a month later you are able to sell it for $15,000. You just made $5,000 right? WRONG! Continue reading →

I am not sure if people are really interested in how much I earn. For those of you are I have included a brief look at my income for this month (not including today obviously).

Gross Income: $4,332.46
Pay Per Click Costs: $2,231.56
Other Costs (Web hosting, Domain names, subscriptions etc.): $70.17

Net Monthly Income For February: $2,030.73

This falls within the range I have been experiencing lately. Obviously, I still have along way to go until I reach $10,000 a month but at least I am about 1/5 of the way there.