Niche Profit Mentor

“If you want to make the big bucks online, you have to create your own products.”

This is a true statement in a sense. But it must be analyzed!

Affiliate marketing is a great option for those who would like to start making money online, but the thought of creating everything from scratch is entirely too daunting.

Let’s look at some of the ways in which the above quote is very true, and other ways in which it’s very misleading and possibly demotivating.

If you have your own product or products, your income isn’t limited by anything external, such as, the product’s owner changing things around, or Google changing the rules on you. So, to go really big online, you do indeed need your own product.

But this leads to the question, “What is really big?”

I know one guy that makes $15,000 a month selling other people’s products with Google adwords.
That’s a pretty comfortable living for most people.

But as an affiliate, your work is cut out for you. You are only making a percentage of what the product sells for. At best, you will likely make around 50% of the profit of whatever the item is. So you need to do a lot of volume!

On the flip side, getting started making money online is SO much easier as an affiliate. There is very little creation involved! Just a blog is practically all you need.

And, there is little risk involved. All you are investing is your time. If the product or service is something you really believe in, it can start out as a fun hobby. This is how I started this blog- it’s fun for me to write about this stuff, and I’m happy to spend a little time blogging even if it’s not paying me directly.

This all comes down to a trade-off. If you want to immediately start making money online, the closest way to do that is to become an affiliate for a product or service.

If you want complete control over your work, and no external limitations on your income, and you don’t mind putting in a ton of work upfront, creating your own thing is the way to go.
If you want ease-of-entry into the market, less work up front, and the lack of security that you do not have control over everything, then affiliate marketing can be a great start into the internet world.

Please comment on this post! I want to hear what you have to say!

Yesterday, I was talking to a friend about the potential of an upcoming meltdown in the stock market and overall U.S. economy.

Some of the experts I read and trust are saying big, ugly things are going to happen to this country with the next 8 months!

It’s kind of scary, but the “big picture” is out of our control. So what can we do?

Well, owning some gold is a very good idea, but many of us do not have enough money to be buying ounces of gold worth around $1200 each. Silver is another option, which is around $18/oz, but it is very tough to store it, and you can’t exactly spend silver to buy your groceries.

So owning gold and silver is a smart way to preserve wealth as the dollar tanks.

But business-wise, what is going to work in the new economy?

The internet is not going anywhere. New people around the world are getting on the internet in droves, and they are shopping! So having business in this vast sea of potential customers is about as recession-proof as one can get. A U.S. implosion would be bad for everyone. But economies in Asia and other places are not likely to be down for long- and online, they are part of your base as much as your next door neighbor!

So creating something online that makes a profit can be an asset many years into the future, with or without a bad economy.
It can also create freedom for you like nothing else can. Tim Ferriss’ 4-hour workweek has made the idea of being a “citizen of the world” or having a mobile business a much more mainstream idea. In the future, people are likely going to be able to live anywhere- or have a “vagabond-style” life, going from place to place with many stops along the way. Working at a job or having a location-dependent business will restrict you from taking advantage of this type of freedom.

So surviving the new economy comes down to:
1. Having something that pays you every month if you are working on it or not
2. Not being tied to a particular location
3. Being “diversified” enough to not lose your ass if a big crash hits- i.e. not all income coming from one source, like a job, a particular investment, or even one particular sector (i.e. biotech, software, etc.)

Jump on board the wave of the future now and you will be prepared before the ship actually sinks!

I was having a conversation with a friend last night who is an artist, and paints pictures partially for a living. I was surprised to find out that she did not realize her artistic potential until college! I had also just recently read something about keeping an open mind, and think back to when you were a small child and didn’t have any biases. Who did you want to become? What did you want to do? How and why did that change over the years?

This is important to think back to, because it can uncover some strong creative tendencies that may have been buried after years of mind-numbing traditional schools, which crush many dreams and shut down ambition with their one-size-fits-all lesson plans, requirements, and grading systems.

Perhaps your artistic talent manifests in a different way than painting or drawing pictures. Mine sure does. Although, I could probably practice my painting skills and draw some reasonable pictures, I would rather spend time using my “artistic” talent in different ways- like teaching…or writing!

Anyway, my friend is carving out a niche now online in a topic around a specific type of yoga, and it got me thinking- this is a form of art in itself. Seeing something that already exists and improving on it in a unique way requires artistic talent! You may not know you have this talent. It’s in all of us, it just has to be drawn out.

Sometimes we can do this by ourselves, and sometimes it takes a teacher…or mentor to bring this out of us.

It comes right back to internet business. Starting and running an internet business is a great way to not only use your artistic talent, but to develop something that actually pays you real money in the process. There is no real limit online as to what you can do. You can expand this creativity into several markets, or hone in on one and influence thousands of people in an area that you are passionate about.

So this is another reason why online business is so exciting, and jobs, while they serve a purpose, are boring and limiting in comparison.

Are you ready to become an Artistic Internet Entrepreneur?

Head over to Get Niche Profits now and begin the journey!

A friend who is looking for a career change told me this today.

And I can’t argue that internet business is EASY.

But, here’s the thing: EVERYTHING you do in life that’s worthwhile is hard to some level.

And when it comes to a career, you only have a few basic options:

1. (Not very desirable) Get a job at a company. Try to move your way up the company ladder. Get burned out, quit, find another job, start the process again.

2. (Very desirable) Start a business online in a niche you are interested in. Make a few hundred bucks a month at first. Keep going, eventually make a living, keep going, and get rich- on your own time, and doing something you like or even LOVE.

3. (Least desirable) Work for the government. Live off of other people. Get a “guaranteed” pension, be unhappy with your work, work with unhappy people who are also living off of others.

So yes, it’s all difficult. But the key here is to create financial freedom as much as you can. Running an internet business is very much one of those things where you get out of it what you put into it.

There are no shortcuts, but your use of time is much better than other options, simply because even if you are spending 10 hours a day for a while creating your business, there will be a time when this can be cut down- and the choice will be yours- live off of what your website is making, or press on and fulfill all your dreams?

You may have heard about Adam Short’s Niche Classroom website, and wondered if this is something that can help you start an online business.

I have both been a member of the site and personally worked with Adam on a project, and I have yet to find anything more simply laid out, easy to follow, and systematic in the “making money on the internet” world.

He’s not promising the world, but if you do go step-by-step in the course, you will definitely come out with a profitable niche website.

What you need to know going in is that 1) it does require work and time on your part, and 2) most people do not follow through with ideas- giving you a huge advantage if you take action!

Even just spending a couple of months going through all the training that’s provided in the Niche Classroom is well worth it. You can likely build a couple of websites in that time if you just reserve 2 hours a day to focus on it.

The ideas that can make you an extra $500-$1500 a month are practically unlimited. Knitting, betta fish, and bearded dragons are a few of the niches that are discussed in the video trainings within the classroom site. And, each one of these topics can be made into a full-time income business if that’s what you want!

This takes some dedication and interest in your chosen niche, as well as the desire to create a passive income stream or a business.

Building a profitable site within the niche classroom is as easy as 1-2-3- as long as you can follow simple directions and take the necessary action to get it done!

For more information, click here

In part 1 of this article, we discussed some of the concrete things a niche business online could do for you.

Let’s now talk a little about the psychological side of profiting online from a niche business.

When you work at a job, or IN a business, you are restricting your freedom, sometimes severely.

The reason I capitalized the word “IN”, is that, when you have a business that you have to work in or the money stops coming in (or the money drastically takes a hit), it’s really not that much different that having a job and working for someone else. Sure, you’re the boss, and you get to call the shots, and there may be some nice tax breaks.

But I’ve been there, done that. I went from being an employee to having a personal training/coaching business. I found that my income went down, I was working MORE than before, and stress levels were much higher than 8-5 with a paycheck! If your goal is to own a business, you never want to trade your job for another job- which is really what being self-employed is like.

So what is owning a business?

Owning a business is when you can walk away and your business continues to pay you an income, when you’re not there.

Online niche businesses are a perfect example of this.

-You can create 1 niche site and focus on that site, earning all your income from this source. Eventually, through outsourcing, you can put the business on autopilot and have a nice life of very little financial stress.

-You can create many niche sites and once you’ve got one to a certain point, move on to another. This can also be automated and you can have a nice life with little stress, along with multiple streams of income.

But the main point here is the amount of freedom you can achieve with even one small niche website. Psychologically, this will do wonders for your health! Knowing that you can take that trip to Hawaii for a week and be getting money deposited into your bank account all the while you’re there is a fantastic feeling! Knowing you do not have to report to a boss is even better.

And, my favorite part of niche marketing is that you can let your creativity and originality shine. No more being confined to just one line of work. You can create all kinds of neat things and profit from your ideas online, expressing your individuality at far greater levels than in a job or in a self-employed situation.

Let me know when you are ready to start!

The first thing you will need to do in starting an internet business is to have a niche plan.

Finding a niche online is not as hard as it sounds, but it does take a little time to narrow it down. Here are the 3 steps to take to plan out what niche you will go after in your first (or next) online business adventure:

1. Go to Amazon.com. Do a search on the topic you are thinking of. Let’s say you want to do something with teaching Taekwondo. Do a search on “teaching taekwondo”. Contrary to what might seem like common sense, the more books there are under the topic, the better a niche it may be.

2. Next, head to Clickbank.com. Go the ‘marketplace’ area and search for “taekwondo”. Here, the fewer listings there are, the better your odds are that there may be an opportunity waiting for you in this niche.

3. Finally, go to adwords.google.com. Click on the ‘Keyword Tool’. Do a search on “teaching taekwondo”. Check out the ‘Competition’ column and the ‘Global Monthly Searches’ column. You want to look for search terms that have low competition and high (over 500 searches/month) monthly searches. Once you find this combination, you’ve got a niche!

There are other, faster ways of doing this, such as through the Get Niche Profits website, but this is a great niche plan to get you started.

If you have checked out Adam Short’s Niche Classroom site, you may be pondering if this is the right thing for you in launching your own web business. The answer may depend on what you are trying to do. Last night, I hosted a webinar, and Adam gave his presentation on what one needs to do to get started.

It’s a simple process, but does take a lot of time and effort at first. To quickly summarize the presentation, here’s what was covered:

1. Pick your niche. Use Amazon.com and clickbank.com to find popular topics that may not be saturated with products already.

2. Design your site. Simple is good, hire someone from the Philippines and pay very little. Use an opt-in form with an offer, and make your site article-rich.

3. Build your product. Ebooks are great. You can get one written on your topic for as little as $150

4. Write on-site articles on your topic. Use the 21-day article marketing method.

5. Write off-site articles on your topic and submit them to directories. Make sure to have anchor text links back to your site, or more specifically, your article on the same topic.

6. Write your own sales copy. A tool for this is provided in the Niche Classroom site where you can easily write a simple sales page yourself.

It’s great to see a system that’s broken down into easy steps to follow. It’s one of those things where if you do x, y, and z, you will get a profitable niche website, plain and simple. There is no hype or promises of millions of dollars, just something anyone can do.

For more on this you can check out the Niche Classroom.