It’s been a few years now, the traffic has gone down a bit, plus I am busy with this and a few other sites, so it doesn’t earn as much as it used to, but BlogStash still continues to make me money month after month.
Hi Neil, I just wanted to quickly say “thank you” for sharing all your info with us for free on your blog. I have a background in online communications, but online marketing is a whole new playfield and since I work by myself as a freelancer/blogger I don’t really have people “above” me to help me out or to guide me. Your website helps me a lot by keeping me up to date about new strategies and opportunities, this is very motivating for me. After reading this article, I’m going to look for a mentor, even if it’s just someone online that inspires me. So a big thank you from The Netherlands!
Hire great people. One of the biggest way to go from a $60,000 a year income to a multi-million dollar business is by hiring great people. This is why all the large corporations focus on team-building and leadership. It is the only way to have a great team is to be a great leader.
A little frugality and elbow grease goes a long ways. I feel like most self-made millionaires are the hardest workers in the world. They understand the value of their earned dollar and protect its value.
Get a good education. Although there are a number of examples of millionaires and billionaires who never completed college, statistics show a link between education and wealth. The higher your level of education, the more opportunities are unlocked for you, and the higher the chance that you will become a millionaire.
Here’s a half-assed, half-a-million-dollar idea for you. Somewhere, in Joel Comm’s sordid mind, out squeaked the iFart, the whoopee cushion for the iPhone. What’s even crazier? He thought people would pay for the app. iFart retails for $.99. And, the absolutely insane part about this all? Joel Comm was right.
Cracked: If you have a funny bone or tend to have interesting perspectives on things, Cracked.com could be for you. For every unique presentation that you could pen, your reward is $100 per article. Over here, you will be assured of vast audience due to the tremendous popularity of Crack.com.
To create your own blog, you don’t even need a web domain. You can start a completely free blog on either WordPress or Blogger. Each of these sites has its ups and downs, but you can’t beat the price. You generally want to keep blog posts between 150-500 words until you have a few dozen under your belt. Links between your blog posts encourage people to stay on your blog once they find it, increasing traffic. Once your blog is up, promote it on social media for the greatest effect.
Watch videos of people interviewing successful people, including millionaires on youtube. Watch people like Barbara Walters and notice the questions she asks. Then email people and ask them if you can interview them for your blog /or podcast.
This process makes my writing process cleaner and more productive. The vision I have for my blogging evolves slightly each time as well. I seem to be getting narrower with my focus and topics, and going much deeper.
Alibaba is a Chinese eCommerce store that matches Chinese suppliers with buyers all over the world. Prices are extremely cheap, providing the possibility of large profits. However, with the potential profits comes more risk. As you are dealing with suppliers in China, if the quality of the product that arrives isn’t up to standard there is little that you can do about it.
The trick is to find properties below market value (BMV) by avoiding estate agents and instead flyering your area with your contact details offering to buy houses. Then approach investors with a no-brainer offer to pass on the details of cut-price property in exchange for a % of the sale value.
I managed to become a millionaire thru saving and investing, no business, no real estate empire. We have 4 kids (who go to private school), my wife stays at home and the most I have made is 100k a year. I didn’t start saving at all until I was in my 30’s and we crossed the line about 1.5 years ago when I was 45. In my opinion, the key ingredient is self discipline. Which, as you correctly describe, is simple but never easy. Congratulations on an amazing post, well written, very informative and hope I hope that it goes viral.
A profile of how Auntie Anne went from selling soft pretzels at a farmers market to a worldwide soft pretzel franchise. Then the story of the Top Pot brothers who focused on taste rather than high end and also, Hancock Gourmet Lobster Co. is on its way to to becoming another million-dollar company.
Its not a business that I would say is legitimate, because I don’t see it being that way. I see it as selling crap products with the main goal of getting others to sell it underneath you. The only reason this business is legal and still in operation is because they do have products to sell, although like I said its a bunch of crap.
While this is an unfortunate part of my past, it brings me to point number two. If you want to improve your financial life, you need to get a “battle buddy” – a friend or companion who is fighting the good fight right along with you.
I don’t have a very good experience with them. Its all about money and how they will rip you off. You can do everything you want but at the end of the they will never let you succeed like they have. That’s my experience.
The truth is, the only one that can decide what to do is you. You have to make the choice to earn more. Making a million dollars by 25 may not be important to you. Instead, you’d rather focus on traveling and adventures. That’s okay. But if you do want to be a young millionaire – that’s possible too!
Is your guitar lying in the corner of your room, without any daily usage? Make money by renting it on Sparkplug. You can do this for other your music instruments also, like amps, mics, harps, or your rehearsal room or studio.
It is a sad fact that there are many scams out there. I nearly fell for one just like the Ryan Matthews one myself a couple of months back when I was looking for a way into world of internet marketing.
If you don’t mind sharing your notes with other students it’s a great way to generate a little extra cash. There are sites out there that you can upload your notes to, along with your price, and then when another student downloads them you get paid.