A Cash Flow System or A Web Based Job?

If you're new here, you may want to subscribe to my Blog feed. Thanks for visiting!

This weekend I’m over in Adelaide, South Australia for one of my best mates weddings and I have the privilige of being a part of the bridal party.

As is one of my flying rituals I always drop into the bookshop at the airport to pick up a new book to read on the plane (leaders are readers).

This time around I grabbed a book I’ve heard so much about but just hadn’t yet bought myself a copy to read - the book i’m talking about is “The 4 hour work week” by Tim Ferris.

The flight being only 1 hour didn’t give me a great deal of time to get through too much of the book but just the first 3 chapters have given me a whole lot to think about and ideas which I had already begun implementing in my own Online Business.

On a side note - apologies for the lack of posts this week as things have been a little crazy flying over here to Adelaide etc etc, but hey it’s the life of an Internet Entrepreneur, fly around the country during the week and still make money whether you’re at home or sitting in a mates living room, typing a blog on his couch.

So back to the point of todays post…

Do you have a Cash Flow System or a Web Based Job?

I have just started developing a new project which I may be able to divuldge a little more information about in the coming months so stay tuned, but without giving you the details of my new Top Secret Cash Flow System I’d like to talk about a few of the things I’m doing in the development of this new online business venture which could assist you in building your own Online Cash Flow System.

You see, whether its an online business or an offline business, we can all get caught in the trap of thinking we have a business when all we are really doing is creating a job for ourselves.

Even if you consider yourself to be self employed, if you do not have the ability to walk away from the business for a month and come back to find it in the same, if not strong position than which you left it, and it continues to provide you with cash flow while you’re away, then in reality you just have a job even though you are the boss.

So how do you create a Cash Flow System?

To make money online is easy, but to build a cash flow system is not quite as simple… and for us control freaks it can be darn near impossible.

One of the things Tim Ferris speaks a lot about in “4 Hour Work Week” is outsourcing.

To effectively outsource your Cash Flow Generating Activities you must have reliable systems in place.

… so back to my own Secret Cash Flow System project

As I launch into this new top secret online business project, every step of the way I am documenting what I am doing, EVERY STEP!

Why would you go to that effort?

I’m creating systems… Cash Flow Systems which could be followed by any Tom, Dick or Mary to continue with my everyday Online Business activities, and ensure that whether or not I’m doing the activities, or if i’m lazing on the beach in the Cook Islands for a month, my Online Business continues to function and not just function but Grow!

What are Cash Flow Systems?

A good cash flow system is nothing more than step by step instructions to follow to create an outcome, and in this case cash!

Good systems are easy to understand, easy to follow and do not rely on a particular person to conduct the activity.

A really good cash flow system does not even require the person to have any particular high level of skill or knowledge, but they’re that simple and specific that it could be followed by anyone and the same results can be achieved.

Cash Flow Systems could be any of the following:

  • How To Set Up A New Blog
  • How To Post A New Blog Post
  • How To Use You Tube To Attract Traffic
  • How To Build Targetted Twitter Followers
  • How To Find Valuable Targetted Niche Markets
  • How To Build Targetted Facebook Followers
  • How To Research Niche Topics
  • How To Find Valuable Keywords For Targetted Search Engine Traffic
  • How To Research High Value Keywords For Adsense Revenue
  • How To Set Up Feedburner On Your New Blog
  • How To Install WordPress Plugins
  • How To Install WordPress Themes

And the list goes on… and on…

But do you know what else you’re doing while you’re creating these cash flow systems?

You’re also creating valuable info products, which you could sell as an ebook, as an audio download, as a video download, as a webinar series, compounding the value of your cash flow systems and even creating a new online business for you.

So let me ask you this… How could you systemize your Online Business?

What elements of your online business could you turn into simple step by step systems to free yourself from the day to day activities and allow you to:

1. Spend more time doing the things you’re passionate about, whether that be travelling, leisure activities, time with family and friends, community or volunteer work.

2. Spend more time on the strategic elements of building your online business.

I’m looking forward to being able to share more about my Secret Cash Flow System in the near future, but until next time, get to work creating your own online business systems and you’ll thank yourself for it in the future.

If you found this post valuable and you want to learn how to make money online, dont miss the next one, enter your email address and get future blog posts delivered right to your email box - subscribe to my blog feed AND you’ll receive 5 FREE Money Making Ebooks

Lets Make Money!

[Post to Twitter]  [Post to Delicious]  [Post to Digg]  [Post to Ping.fm]  [Post to StumbleUpon] 

No Comments

10 Best Internet Marketing Blogs And Some Honourable Mentions

One important element of learning how to make money online and building your internet marketing prowess is building a good stable of quality resources (which is why you’re here reading this blog - i hope).

So I’ve put together a list of the 10 Best Internet Marketing Blogs.

Be sure to check these guys out, subscribe to their RSS feeds as they provide valuable Internet Marketing training and in a number of different niches.

While i’ve titled this post the 10 Best Internet Marketing Blogs these guys cover Internet Marketing, Blogging, SEO/SEM (Search Engine Optimisation / Search Engine Marketing), Social Media and Making Money Online.

What gives any of these sites the kudos to be included in my top 10?

These sites are ranked on a number of factors including the number of people who subscribe to their RSS feed, their Alexa ranking, their compete ranking, technorati ranking, google page rank, yahoo inbound links, stumble upon reviews, del.icio.us saves, outbound links and votes.  All of that is smashed into a blender, buzzed for 15 seconds and out comes the 10 Best Internet Marketing Blogs!

So here we go… Drum Roll Please……………………….

10 Best Internet Marketing Blogs

  1. ProBlogger www.problogger.net - Blogging
  2. Copy Blogger www.copyblogger.com - Internet Marketing
  3. SEOmoz www.seomoz.org/blog- SEO / SEM
  4. Matt Cutts www.mattcutts.com/blog - SEO / SEM
  5. Entrepreneurs Journey www.entrepreneurs-journey.com - Blogging / Internet Marketing
  6. Search Engine Land www.searchengineland.com - SEO / SEM
  7. Performancing www.performancing.com - Blogging
  8. Dosh Dosh www.doshdosh.com - Social Media
  9. ShoeMoney www.shoemoney.com - Make Money Online
  10. Daily Blog Tips www.dailyblogtips.com - Blogging

Honourable Mentions, Encouragement Awards and Other Great Blogs I follow

In no particular order here is a list of some other great blogs and resources

**The analysis, blending, preparation and cooking of these results was prepared earlier by - Winning The Web and we thank them for their hard work and online cullinary expertise.

So what’s the point of following guys, girls and companies such as these?

When it comes to learning anything, and the process of change involved in growing, developing and building, it always helps to be able to model yourself or your project on someone who is already doing what you’re doing.

These guys are the best of the best, they hold Google’s attention, they have massive power and influence because they have such a huge following.  It didn’t happen over night, and for most of them it didn’t come by accident.

They put in a lot of hard work, many hours, days, months and years of blogging, creating valuable content, conversing, interacting, commenting, linking, networking and researching…

So if I were you, which i’m not, but I do it anyway, I would study these blogs.  Study their structure, their navigation, their content, their layout, their designs, their tweets, their associations and their networks.  Model them, pick a few who you would like to model and get going…

Dont be fooled, internet marketing success doesn’t just happen by accident and it wont happen overnight (but it will/can happen).  Persist! Stick at it! Follow through and follow your dreams…

You’ve got work to do, so get to it!

If you found this post valuable and you want to learn how to make money online, dont miss the next one, enter your email address and get future blog posts delivered right to your email box - subscribe to my blog feed AND you’ll receive 5 FREE Money Making Ebooks

Lets Make Money!

Nathan Hulls
Internet Marketing Expert and Intrepreneur

[Post to Twitter]  [Post to Delicious]  [Post to Digg]  [Post to Ping.fm]  [Post to StumbleUpon] 

3 Comments

Law Of Abundance - Mindset Monday

Welcome back to mindset Mondays…

If you remember last Monday I talked about choosing your attitude, and how while we may lose the ability to choose so many things in life, the ability to choose our attitude can never be taken away from us.

To dig a little deeper into attitude for this weeks Mindset Monday I want to consider what I call the Law Of Abundance.

If you’re a regular here at Web Money Blog you may have discovered that I’m quite a fan of words, I guess as a blogger it helps to be able to express yourself through the written word, but beyond that I am always intrigued by the meaning of words, or breaking apart phrases to dissect meaning.

In this case as we look at the Law Of Abundance - lets first consider the word “Law”

One dictionary definition for Law (according to dictionary.com) is:

“a divinely appointed order or system.”

So first lets consider the ‘Law of Gravity’

What goes up, must come down.  If you jump you will come down.

Now whether or not you believe that God created the earth, and set these laws in place, or if you believe we evolved and this things were a result of a gas explosion, that’s up to you, but a law is a law, and it will operate whether you believe in it or not.

Another example - try driving 90 in a 50 zone past a police man, and then try and get out of the fine using this explanation “Well I don’t believe in that law officer, so it doesn’t apply to me”

Law’s or ‘Divinely appointed orders and systems’ are set in place, they operate under cause an effect and will continue to operate whether you believe in them or not.

Try jumping off a building and telling God, or the air, or whatever that you dont believe in gravity - a law is a law.

So what about the Law of Abundance?

What is the Law of Abundance?

The law of abundance in essence is the understanding, or attitude that we live in a world which has more than enough for me.

Dictionary.com says that the definition of Abundance is:

“an extremely plentiful or oversufficient quantity or supply”

So for me to operate within the law of abundance it means that I adopt the mindset that the world has “an extremely plentiful or oversufficient quantity or supply” of anything that I need.

What do you need?

What are you searching for?

Is it love? Is it truth? Is it money or wealth? Is it success? Is it affirmation? Is it comfort? Is it happiness?

When you understand and operate within the realm of the Law of Abundance your outlook become liberated and free.

It means you dont have to hold onto love - because there is an extremely plentiful or oversufficient quantity or supply of love - so you can freely give it away and know it will come back to you.

It means you dont have to hold onto your happiness or your joy - because there is an extremely plentiful or oversufficient quantity or supply - so you can freely express it and give it away knowing it will come back to you.

It means you dont have to hold tightly onto your money - because there is an extremely plentiful or oversufficient quantity or supply - so you can freely give to those who need knowing it will come back to you.

The Law Of Abundance In Business and Wealth Creation

So we see that the law of abundance doesn’t just apply to money, but considering that a major focus of this blog is to teach you how to make money online, let look deeper into this.

When we allow an understanding of the law of abundance to transfer from our head into our heart, through consistent decisions to remind ourselves that “the world has an extremely plentiful or oversufficient quantity or supply of everything that I need” and we learn not to worry about where it will come from but we focus on using what we have, giving what we have and creating room for what we need, then we will begin to truly see its power at work.

So within a business setting, the law of abundance can cause you to adopt the following beliefs (print these off and confess them daily - words are seeds remember):

  • I dont have any competitors because there are an extremely plentiful or oversufficient quantity or supply of customers
  • I dont worry about a recession becuase there is an extremely plentiful or oversufficient quantity or supply of money, I just need to reposition myself
  • I am happy to help those around me because according to the first point I don’t have any competitors, and I can only receive more by creating room for more
  • There is an extremely plentiful or oversufficient quantity or supply of resources and wisdom around me, how can I tap into it?
  • I’m not just living for myself but because there is an extremely plentiful or oversufficient quantity or supply of everything I need, I have plenty to give, and I’m living to leave a legacy for my children and my children’s children

And that’s really just the beginning, i’m sure with a little soul searching you could come up with more…

So it begins with an understanding (head knowledge), then an experiencial knowledge (heart knowledge) through application that “there is an extremely plentiful or oversufficient quantity or supply” and because it is a law, or “a divinely appointed order or system” it is at work, whether I believe in it or not.

But… and here’s the big But, unlike the law of gravity, it only works in our favour when we begin to activate it in our lives.

How do we activate the law of abundance?

So very quickly here are 3 easy steps to activating the law of abundance in your life:

  1. Confess Everyday - “the world has an extremely plentiful or oversufficient quantity or supply of EVERYTHING that I need”**
  2. Dig Deeper and start to confess the specifics of what you need - the world has an extremely plentiful or oversufficient quantity or supply of ‘love’ for me**
  3. Start to give to others what it is that you’re needing - by doing this you’re creating room to receive.
  4. Expect that you will receive what you need, both by confessing that you have received it in faith, and be determined and persistent even when your feelings or emotions dont line up with what you’re asking for.
  5. Rinse and Repeat - keep on keeping on.

**For me, and my own personal belief, I believe these things come from God so I confess “God has an extremely plentiful or oversufficient quantity or supply of everything that I need” cause that’s the kind of God I believe in - a God who so desires to bless us, but much like the law of abundance, unless we activate these laws, our free will to choose our own course can get in the way.

So that’s it for this weeks Mindset Monday - dont forget God/the world has an extremely plentiful or oversufficient quantity or supply of everything that you need!

If you found this post valuable and you want to learn how to make money online, dont miss the next one, enter your email address and get future blog posts delivered right to your email box - subscribe to my blog feed AND you’ll receive 5 FREE Money Making Ebooks

Lets Make Money!

Nathan Hulls
Internet Marketing Expert and Intrepreneur

[Post to Twitter]  [Post to Delicious]  [Post to Digg]  [Post to Ping.fm]  [Post to StumbleUpon] 

2 Comments

Start Your Online Business by Starting A Blog

One of the easiest and most cost effective ways to begin your very own online business, or home based business is by starting a blog.

There are a number of reasons you should start out with a blog is that you can actually setup a blog for free, through hosted blog solutions such as:

The only reason you would use a free hosted blog solution is if you are dead set on starting your online business for zero cost.

The downfall of a free blog service is that they only allow you to set your blog up on a subdomain of their domain - eg webmoneyblog.blogger.com

In my humble opinion if you’re serious about starting a blog you need to at least have your own domain name (especially if you’re blog is a personal blog - to assist with building your personal brand).

Here is my  7 Step Checklist for Starting A Blog:

1. Understand Your Why

There are many different reasons for starting a blog:

  • To write as an outlet for something you’re passionate about
  • To keep family and friends updated with your life/travels/happenings/thoughts
  • To educate others about a particular topic
  • A make money blog
  • To drive traffic to your primary website
  • To build your personal brand

I’m sure there are others, but that’s a good general overview of why most people start blogging.  I am a very purpose driven person, so I like to understand that my activities have direct purpose to them.  Its good to have it clear in your mind the purpose for your new blog before you start writing it.

2. Choose Your Domain Name

A good activity to undertake in choosing the right domain name for your new blog, if you choose to set up a blog which allows you to have your own domain name (like with Bloggerama), is to do some keyword research within your chosen topic or niche (which you will have determined in step 1).

Using a free keyword research tool such as Google Keyword Tool you will be able to research high traffic keywords and select a domain name which will assist with building your organic search traffic.

Obviously if you are blogging for personal branding reasons I definately recommend that you register a domain name which is directly related to your own name (eg darrenrowse.com).

3. Get A Basic Blog Set Up

As previously mentioned I’m not a fan of the free blog sites, as they dont allow you to customise the setup of your blog and some dont allow you to install widgets and plugins which will help you drive traffic and make money.

For this reason I think services like Bloggerama.net are great for newbie bloggers who are starting a blog, as they provide a One-Stop-Shop for blog setup, hosting, and email and they understand the make money blogging industry and will set you up with templates, widgets and plugins to assist with monetization and promotion of your new blog.

4. Start Writing

There’s nothing worse than going to a blog or a website to find just one page or post of content.  So before you start promoting this brand spanking new blog of yours, make sure you get some content in there.  Create some categories for your posts and put one or two posts in each category.

Make sure you create an ‘About’ page, so the reader can learn about the author of this new blog, and also a contact page so you can interact with your readers.

If you dont have a lot of time to write all of the posts yourself you can also use Article Directory sites such as Ezine Articles to grab free content, but make sure you keep the footer and links which acknowledge the author of the articles.  This is probably not the best idea if you’re trying to present yourself as the expert, or build your own personal brand.

5. Commit to Writing Regularly

Early on I definately recommend posting a new post at least every day, this helps you build up a great collection of content for the search engines to start bringing you traffic.  It also helps you build your blogging habits, and in the beginning it can be hard fitting it in to write everyday but in the long run it will pay off.

6. Promote, Network and Converse

Now that your new blog is up and running and you have some awesome content get it out there!

If you’ve had your blog set up with some good promotional plugins, you will already be promoting it through your social media networks such as twitter, digg, del.icio.us etc, and also building up your RSS subscribers who will receive your blog posts daily via their RSS feeds or email.

Also get out there and post comments on other blogs which are relevant to your blog topic or niche.  Remember your manners and dont start spamming, make intelligent conversation and comments, but always remember to add the link to your blog, building your back links and also it will help you pick up traffic.

7. Rinse and Repeat!

You need to continue through the last few steps at least… continue to write valuable content and promote, network and converse.

However if you are in the business of making money online, and you can rinse and repeat from step one, not with just one make money blog but as many blogs as you can find profitable niches.

In doing this, be careful not to stretch yourself too far, like the art of spinning plates, we all get to a point where if we add one more plate, they’ll all end up falling in a heap.  So just pace yourself and make sure you put good time into writing good content and promoting your blog to build traffic.

If you cant tell, this is something I’m passionate about… so get to it!

If you found this post valuable dont miss the next one, enter your email address and get future blog posts delivered right to your email box - subscribe to my blog feed AND you’ll receive 5 FREE Money Making Ebooks

Lets Make Money!

Nathan Hulls
Internet Marketing Expert and Intrepreneur

[Post to Twitter]  [Post to Delicious]  [Post to Digg]  [Post to Ping.fm]  [Post to StumbleUpon] 

No Comments

What Would Seth Godin Do? - WordPress Plugin

If you haven’t heard of Seth Godin before he refers to himself as an author and an agent of change.

Here are a few stats from his bio:

  • writes the most popular marketing blog in the world;
  • is the author of the bestselling marketing books of the last decade;
  • speaks to large groups on marketing, new media and what’s next;
  • and is the founder of Squidoo.com, a fast-growing recommendation website.

Some of the books he’s written are:

seth-godin1

So “What Would Seth Godin Do?

What would Seth Godin do is a fantastic new WordPress plugin which I discovered just this week, and has already drastically improved the opt-in to my email RSS blog feed already.

It is controlling plugin behind the little box you see just under the title of this blog post.

The concept behind it comes from Seth Godin’s belief in the fact that not all prospects are equal, and not everyone visiting your website should be treated in the same way.

Let me explain…

This fantastic WordPress plugin (which was developed by Richard K Miller) uses cookies to determine whether the visitor to your blog has been to your blog before.

If they are a brand new visitor then it takes the opportunity, for a specified number of visits (eg their first 10 visits) to encourage them to sign up for your RSS Blog Feed.

new-visitor-message

Not only is this great for building your RSS Subscriber base but it adds a whole other level of personalisation for your readers, welcoming to your blog.

If they have been to your blog more than the specified number of visits (eg 10 visits) then the box will display a welcome back message, which can be completely customised.

welcome-back-message

This simple Word Press plugin, allows you to differentiate between returning visitors and brand new readers, and in Seth’s words:

One opportunity that’s underused is the idea of using cookies to treat returning visitors differently than newbies. It’s more work at first, but it can offer two experiences to two different sorts of people. (Source: In the Middle, Starting)

The art of blogging is just as much about what you write as it is about how you write it, how you present what you write, and the experience you provide for your readers, and there’s nothing worse than being bombarded with irrelevant messages.

If you have any other great word press plugin recommendations please let me know, leave a message in the comments with your recommendations.

If you found this post valuable dont miss the next one, enter your email address and get future blog posts delivered right to your email box - subscribe to my blog feed AND you’ll receive 5 FREE Money Making Ebooks

Lets Make Money!

Nathan Hulls
Internet Marketing Expert and Intrepreneur

[Post to Twitter]  [Post to Delicious]  [Post to Digg]  [Post to Ping.fm]  [Post to StumbleUpon] 

No Comments

Rss Feeds

Enter Your Email Address To Subscribe
To Our Blog Feed AND Receive 5 FREE Money Making Ebooks :