Niche Profit Mentor

How much time would you invest in something if you knew it could get you an extra $500 a month, without having to do much after an initial intense month or two? What about $1000 a month? Or $2000?

These days, it’s hard to find investments that kick off numbers like these. And, if you’re short on cash to invest, it becomes very difficult to take advantage of any investment opportunities that involve cash!

But we can all use time to our advantage. Sure it’s going to be tough to find much time if you are balancing a full time job with a family. But there’s always a way. I know a guy who was a medical doctor and built an internet empire, starting by waking up at 5 a.m. to work on his web business for 2 hours every day before work!

But it doesn’t have to be THAT hard.

You can start working towards your goal by just taking 1 hour a day. Sometimes, this is a great way to build your first website, as it makes you really focus for that 1 hour. And this leads to 5 hours a week and 20 hours a month. This is starting to turn into significant time! And the results can be:

1. An asset that pays you month in and month out with just a little maintenance.
2. A full time business that you can run from your home- or anywhere in the world
3. More time to spend with your family, traveling, working on your favorite hobby, or just relaxing

The best way to achieve all of the above is to get niche profits by building a business out of a passion or interest you have.

Ok, I may be exaggerating by using the word “easy” in the title of this blog post. But writing an ebook is likely easier than you think! I’m going to assume for the purposes of this post that you are not going to be outsourcing the writing of your book (another excellent way to get it done!). Here are the basics to get you off and running on your first ebook:

1. Pick a topic. This will either be a topic you are passionate about and want to teach (the best method), where you have a somewhat unique take on the information (I say somewhat, because it’s actually not necessary to be completely original here…you can take an aggregate of already available information and present it in your voice).

2. Do your research. Start with actually going to the book store! Pick out 3-4 books on your chosen topic, and get a grasp of what authors are talking about. This will help you zero in on the scope of your book, and give you ideas for topics to cover.

3. Outline your chapters. Just make a list of major points you would want to cover, 6-10 chapters (+ an intro and conclusion) work well for most books.

4. Write one chapter at a time. Devote 2 hours to just sitting down and doing nothing but writing for each session. If you can do 2 hours a day, you can have your book completed in 12 days (unedited)! The most important thing each time you sit down to write is to not worry about how it sounds, your grammar, or how to make it perfect. Just write all you can each session, and make it conversational- or, geared towards 8th-grade level reading.

5. Edit. You can hire a professional to do this, ask friends or family who may have expertise in this area, or do it yourself. I recommend getting some help, and a few eyes on your work.

6. Compile & Format. Make sure to do this last. The best way to start out is to convert your Word document into a pdf. There are free templates out there to add a little design to it as well.

See how easy it is?!

Kevin

p.s. please add your comments below!

There are so many things to know in the world of creating and running online businesses. Keywords, blogs, podcasts, articles, pay per click, opt-in boxes, squeeze pages- the list goes on and on.

Starting out can be completely overwhelming- especially if you purchased one of those courses that promised that everything would be EASY, and showed you countless examples of people who knew nothing about marketing or technology going in but are now earning $50,000 a month spending 2 hours a day on their business!

I was one who bought one of those courses. I fully expected things to be simple and for me to be earning at least a living within 30 days. Well, it did not happen- but the course was a high quality one, and a good part of that is that it was very organized- a step by step plan that I just did a little each day on (however much time I could afford that day). I did manage to make my first sale within about 60 days of starting the course and probably 6-8 months later was sailing along with my online business, able to scratch out a living online (which was a thrill for me after many years in corporate cubicle life!).

So the thing you need to do before anything else is…get organized! Buying and following a course is sometimes a good way to do this, if you stay focused and don’t let yourself get distracted by “shiny little objects”, or other paths that may or may not lead you to accomplishing your goals.

Finally, you need to have a system that works for you to “get things done”. There are many options out there as to systems and books you can buy on this topic. However, they all contain these elements that should be your priority before even thinking about task #1 on your business:

1. A system to file physical paperwork
2. A task management system, organized in categories, days of the week, and times of the day
3. A way to manage email, so that you don’t feel like you have to check it 32 times a day

I can get into specific recommendations for all of the above later, but the main thing here is to pick or develop a system that works for you, and stick with that system every day. After doing this for a month or so it will become a habit, and things will fall into place naturally, and you will know exactly what to do each day instead of using the “will power” approach of haphazardly jumping from one random task to the next on your list.

I just got back from a 9-day trip to Costa Rica, where I was on a tour with 14 other people, checking out the jungles & beaches, and doing a major amount of activity. I opted not to bring my laptop, despite the many things I have going on with both of my websites.

Since there were numerous internet cafes along the trip (3rd world countries tend to have tons of internet cafes since few people can afford their own computers), I never had any problem accessing my email. However, I was so busy and having so much fun, that I rarely had the desire to connect to my work! And, in the 9 days I was gone, there were a total of 0 work disasters, and 0 problems that had to be dealt with. I managed this by:

1. Changing my voicemail greeting to indicate that I would NOT be checking voicemail until I got back.

2. Setting up an email autoresponder indicating that I would only check email on occasion, and to contact my support person for any emergencies or tech support.

I wasn’t at all worried about anything going wrong. If it did, I already had the support team in place to handle it, and whatever else happened could wait! This was the first trip I have taken in a while and I realized when I got back how important it is to get away on occasion- both to experience completely different surroundings, and to put all the systems I have in place to the test. I would say both were definitely achieved in the last week.