Entries Tagged 'Setting Goals' ↓

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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As I promised yesterday here is the first of two guest articles by Yaro Starak, the professional blogger I told you about yesterday. If you enjoy the article he is also offering a free Blog Profits Blueprint at his own site:

There are basically two types of bloggers in the world - reporters and experts - and some people perform both roles (usually the experts, it’s hard for reporters to become experts, but it’s easy for experts to report).

If you have ever taken an Internet marketing course or attended a seminar specifically for beginners, you have probably heard about the two different methodologies. Whenever the business model is based on content, and if you blog for money then the model is based on content, people are taught to either start as reporters, or if possible step up as experts.

I’ll be frank; you want to be the expert.

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Before I explain what I mean by this I will address a very obvious objection to my headline. Why am I telling you not to create webpages, blogs or products about making money online when I blog about making money online?

Very simply, I don’t make my money online through this blog. It currently represents only about 1-2% of my total online income. I assume that this proportion will rise somewhat as it becomes more popular, but I never expect it to be more than about 10% of my total online earnings.

I enjoy writing this blog because it helps me to think through my own ideas about Internet business and because I want to help people improve their lives by starting their own Internet business. Obviously, if I can make money from this blog so much the better, but the earnings from it could disappear tomorrow and I would hardly notice.

OK, enough about me for one post, what does this have to do with you? In fact, I think this point is extremely important, because it is the biggest single mistake I see people online making online.

Why Do People Think Writing or Even Creating Products About Making Money Online Will Make Them Money?

I think the simple answer is that they see other people doing it and decide to copy them and do it themselves. For example, they see supper bloggers like John Chow who report incomes as high as $30,000 a month, writing about making money online and think well that looks like a good idea, so they copy it.
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I am a huge fan of running as a form of exercise. I am sure many entrepreneurs are as well, because there are some similarities between running for exercise and running a profitable business. If you’ll hear me out I’ll explain what I mean.

Most runners either want to improve their running times or increase the distance they are able to run. However, it is (almost) impossible to do this overnight. You can’t go from running 2km a week to running 100km a week right away.

You have to gradually work your way up. Each week you want to slowly improve how far you are able to go. This is the same as running an Internet business, you are not going to be the next Google overnight. However, if you work on your business each day pretty soon you will start to see real improvements and results.

At any given point your results may seem small, but when you add them together you start seeing real progress. If you want to improve in both running and business you need to set goals AND ways to go about achieving them.

It is important to plan but it is even more important to put your plan into action. For example, say you want to have a site that generates a full time income for you. In this example we will assume that you earn $50,000 a year and you want 100% of that income replaced.

Now, $50,000 a year seems like a big number so I find it easier to break it down into how much money you have to earn each day. So, I would divide $50,000/365 days, which equals $136.99/per day. Now I divided by 365 days because your Internet business should be able to earn you money 24/7. If it can’t earn money in this way, you have not created a business but just created another job. Continue reading →