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How to Create Multiple Streams of Income, Part 1
You've must have read the phrase "multiple streams of income" numerous times on your journey searching for wisdom on the Internet. Regarding to Robert G. Allen, multiple streams of income are the stock market, real estate and the Internet. I prefer to add paycheck to this list as well. Most of us don't feel comfortable to give up the security of a steady income, at least not in the beginning. During the next few months I will publish new articles about my very own experiences with building multiple streams of income. Although I just recently started, I have a lot to share and I hope I will inspire someone to avoid the mistakes I made, and still will make. Please join me on my journey to financial freedom through my home-based business on the Internet. I will cover my experiences and mistakes with the stock market and in the real estate business in separate articles. For now I'm focusing on the Internet business. I wasted hours and hours searching for the almighty golden key to financial freedom. I spent a lot of money for worthless e-books and signed up to almost every newsletter there is. Until I had to switch email addresses. My inbox couldn't keep up with the massive stream of useless emails. What did I learn so far? Somebody else got a little bit closer to financial freedom, certainly not me! I was in desperate need of either giving up or dramatically changing my strategy. I'm not a quitter and whatever strategy I used, if so, it must change or I will find myself in financial hell. Don't get me wrong. I'm not looking to make money out of thin air. I actually don't believe in the get rich with no money schemes. The only person getting rich is the author of the book! Some of these strategies may work in theory, but I've never seen substantial results in the long run. I might be wrong on this one, if so, please send me your opinion and experience with this business strategy. Here's another advice; it takes time, lots of it. Don't rush yourself into hasty decisions just because you think it is a hot deal. Do your homework and research the deal as good as possible. If this is the true "hot" deal, it will be around for a while. Otherwise it's just another rip off scheme and someone else is making the big bucks. If you come across these 30 days to success guides, give yourself at least 60 days to achieve your success. Remember, patience is one of the key factors to success. Read the guide in its entirety and slowly start implementing these suggestions into action. Always keep track on what you did and double check after a few days or weeks, if it's working. Make changes as necessary. I really don't remember how I got started with the idea of building my own home business on the Internet. I believe that I was searching for ways to increase web traffic to my real estate site. During my research I came across all these websites promising thousands of visitors to your site. Most of them are free, but you spend hours after hours to generate enough credits for your own site to be shown. And when the site is shown, guess who's looking at it? Another sleepless soul, who is looking to increase traffic to their site. This is not exactly the type of customer you're looking for. After a while I thought, hmm, if I add a banner from a banner link exchange, then I will be able to trigger more targeted hits to my website. So I continued clicking night after night through these exchange services with little or no success. I wasted countless hours in front of the computer. My advice; stay away from these exchange services. Most of them are pure pyramid marketing schemes anyway. There are no real products or useful services offered by these sites. At this point I started to discover the power of affiliate programs. And this, my friends, is the real deal! I'm not saying this just to get your attention; I'm speaking from experience. Affiliate programs come in any shape and form. Some are pure product reselling machines, others offer incentives for recruiting new affiliates and many are offering a combination of both. The real value behind this concept is; you get endless training material to sharpen your marketing skills. There are real products to sell and there is real money to make. The mother of all affiliate programs is SFI. I joined them as soon as I learned the details and the benefits of their program. Later on I read about Stone Evans and his incredible services he offers. In fact, Stone is to blame that I'm writing this article. So far I got off a good start with SFI and Stone Evans. I will keep you posted, if you like, in my next article. Sincerely, Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner.
Latest News:Site: Yahoo! News Search Results for news Myanmar's Suu Kyi to get family letters, news mags (Reuters via Yahoo! News) Detained Myanmar opposition leader Aung San Suu Kyi has managed to wring small concessions from the ruling generals in the form of letters from her family and some international news magazines, her lawyer said on Friday. JCDecaux in talks for News Outdoor Group in Russia (AP via Yahoo! News) French outdoor advertising firm JCDecaux SA said Thursday it is negotiating to buy Russian rival News Outdoor Group from global media company News Corp. News Corp tightens grip on Premiere with new CEO (Reuters via Yahoo! News) Rupert Murdoch tightened his grip on German pay-TV broadcaster Premiere by appointing News Corp executive Mark Williams as CEO in a move to get the company back on track. SEC Looks Into UAL Stock Scare; Implications For Online News? (CBS News) A ton of digits have been devoted to this in other spots but the SEC's decision to investigate takes it to another level. The backstory: a six-year-old news story about UAL declaring bankruptcy made it into the Tribune-owned Sun-Sentinel 's current news flow, was picked up by a Google (NSDQ: GOOG) News bot and, via a reporter for a newsletter, made it onto Bloomberg News. After a lot of buck ... JCDecaux and News Corp. in talks to combine outdoor ad groups (International Herald Tribune) The News Corp. chief executive, Rupert Murdoch, has recently expressed nervousness about investments in Russia, where News Outdoor generated the bulk of its revenue last year. Asia Markets: Financials in rally mode, as Lehman news helps (Market Watch) Asian markets advanced early Friday, with financials such as Mizuho Financial Group and Macquarie Group rallying after a rebound on Wall Street and on news Lehman Brothers was looking for a buyer. SEC Looks Into UAL Stock Scare; Implications For Online News? (paidContent.org via Yahoo! Finance) A ton of digits have been devoted to this in other spots but the SEC's decision to investigate takes it to another level. The backstory: a six-year-old news story about UAL declaring bankruptcy made it into the Tribune-owned Sun-Sentinel's current news flow, was picked up by a Google News bot and, via a reporter for a newsletter, made it onto Bloomberg News. News Corp says Mark Williams interim Premiere CEO (Reuters via Yahoo! News) News Corp. executive Mark Williams has taken over as chief executive of German pay-TV broadcaster Premiere in an interim capacity, News Corp. said after the move led to renewed takeover speculation. News Corp. says Mark Williams interim Premiere CEO (Reuters via Yahoo! News) Mark Williams, a News Corp. executive named late on Wednesday as chief executive of German pay-TV broadcaster Premiere, has taken over in an interim capacity, a News Corp. spokeswoman said on Thursday. JCDecaux in talks to buy News Corp. billboard unit (AP via Yahoo! Finance) In a deal that would create the world's largest outdoor advertising company, French conglomerate JCDecaux SA said Thursday that it is in talks to buy Russian rival News Outdoor Group from global media company News Corp. Site: news - Google News Palm Shares Soar As New Smartphone Wins Wall Street Praise - CNNMoney.com
MORE RESOURCES: Site: Yahoo! News Search Results for affiliate revenue Top 1,000 Shoppers Will Share in 25% of Total Site Profit/Revenue (PRWeb) Top 1,000 shoppers will share in 25% of total profit generated by epricesearch.com. Internet entrepreneur Kevin Adams of Dallas, Texas provides a fundamentally better way for consumers to shop. A new website set to change the way internet advertising revenue is distributed by giving a large portion back to the shoppers/members. (PRWeb Sep 11, 2008) Read the full story at ... Top 1,000 Shoppers Will Share in 25% of Total Site Profit/Revenue (PRWeb via Yahoo! News) Top 1,000 shoppers will share in 25% of total profit generated by epricesearch.com. Internet entrepreneur Kevin Adams of Dallas, Texas provides a fundamentally better way for consumers to shop. A new website set to change the way internet advertising revenue is distributed by giving a large portion back to the shoppers/members. AsiaTiv Offers White Label Affiliate Program for Travel Partners (PRWeb via Yahoo! News) AsiaTiv.com, a highly popular hotel reservations portal offering a lowest rate guarantee, has announced that it is now taking an even more active role in its goal of helping its clients to succeed by providing a high-performance room reservation system built on a foundation of flexibility and scalability through a new affiliate program offering fully managed white label services. Fitch Rates $90MM ThedaCare, Inc. (Wisconsin) 2008 Bonds 'AA-'; Outlook Stable (Centre Daily Times) Fitch Ratings has assigned an 'AA-' underlying rating to approximately $90 million of Wisconsin Health and Educational Facilities Authority revenue bonds, series 2008, issued on behalf of ThedaCare, Inc. (ThedaCare). Additionally, Fitch assigns an 'AA-' underlying rating to approximately $175 million of outstanding revenue bonds issued on behalf of ThedaCare. The Rating Outlook is Stable. Fitch Rates $123.270MM Oklahoma Capital Improvement Auth State Facilities VRDBs 2006D 'AA-/F1+' (Centre Daily Times) Fitch Ratings assigns a rating of 'AA-/F1+' to the $123,270,000 Oklahoma Capital Improvement Authority state facilities revenue bonds (Higher Education Projects) multi-modal variable rate demand, series 2006D, consisting of: Fitch Rates NCMC's (Colorado) $55.5MM Revs 'A+'; Outlook Stable (Centre Daily Times) Fitch Ratings has assigned an 'A+' underlying rating to the Colorado Health Facilities Authority's approximately $55.5 million hospital revenue bonds (NCMC, Inc. Project) series 2008A&B. The 2008A&B bonds are expected to sell via negotiation during the week of Oct. 14 and will be issued as variable-rate demand bonds backed by a letter of credit. In addition, Fitch has affirmed the underlying ... Fitch Confirms Intermountain Power Agency VRBs, Ser 85E & F Maturing 2014 & 2015 'AA-/F1+' (Centre Daily Times) Fitch Ratings confirms the 'AA-/F1+' rating assigned to the Intermountain Power Agency (IPA) variable rate power supply revenue and refunding bonds, 1985 series E maturing July 1, 2014, and variable rate power supply revenue and refunding bonds, 1985 series F maturing July 1, 2015. The confirmation of the rating is in connection with a substitution of the standby bond purchase agreement (SBPA) ... Fitch Rates Indiana Municipal Power Agency's 2008A $30MM Rev Bonds 'A+'; Outlook Stable (Centre Daily Times) Fitch has assigned an 'A+' rating to Indiana Municipal Power Agency's (IMPA) $30 million power supply system revenue bonds, series 2008A. Fitch also affirmed the 'A+' rating on IMPA's $1 billion of outstanding parity power supply system revenue bonds. The 20-year fixed rate bonds are scheduled to price Sept. 25. Proceeds from the series 2007A bonds will fund capital improvements to IMPA's ... Fitch Rts $397MM AZ Health Fac Auth Revs (Banner Health), Series 2008 E-H 'AA+/F1+' (Centre Daily Times) Fitch Ratings assigns an 'AA+/F1+'rating to the following series of Arizona Health Facilities Authority revenue bonds (Banner Health) $124,195,000 weekly rate securities: Fitch Rates $90MM ThedaCare, Inc. (Wisconsin) 2008 Bonds 'AA-'; Outlook Stable (Business Wire via Yahoo! Finance) NEW YORK----Fitch Ratings has assigned an 'AA-' underlying rating to approximately $90 million of Wisconsin Health and Educational Facilities Authority revenue bonds, series 2008, issued on behalf of ThedaCare, Inc. . Site: affiliate revenue - Google News Fitch downgrades YRC credit on economy concerns - Forbes
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