Promoting affiliate programs is one of the most rewarding and easy ways to earn money online. Regardless of your knowledge or experience in internet marketing, you can easily earn money with affiliate programs. Promoting affiliate programs allows you to work part time or full time, earn money online and build an attractive residual income.

Although marketing affiliate programs is the best way to earn money online, many people fail to earn the huge amounts of money they desire. This article presents the essential tips that can help anyone to earn money line through increasingly large amounts of affiliate commissions.

Article writing and distribution. Articles are the most effective way for promoting your affiliate programs and easily earn money online. Write high quality, informative and attention-grabbing articles and submit them to all the main article directories. E-zine Articles is one of my favorite article directories with a high PR (Popularity Rank). Your articles that are posted in article directories will get picked up and appear on search engines such as Google when people are searching for information that is related to your article. By simply writing articles that have a resource box with a link to your website and affiliate link, you will be able to drive massive volumes of traffic to your website, hence boosting your sales and affiliate cheques. If you have time to write articles, you can easily start to earn money online with affiliate programs. If you write more articles, more targeted buyers will read them and visit your website; hence your sales and commissions will increase.

Aim to have multiple keywords relating to your affiliate programs in each article. The more keywords you have in your articles relating to your online business, the better positioned you get on Google for the keywords in your article. If your affiliate programs relate to earning money, other key words that you can use in your article are earn money at home, earn money working online, work from home and home business among others. When people looking for ways to earn money online type those key phrases outlined above, it means your article will come up top on the search engines. By ranking highly for 3 key phrases relating to your business instead of just 1 means that you will multiply your efforts, boosting traffic to your website and increase your affiliate commissions. This is a powerful technique that can double traffic to your website, increase your sales, boost your affiliate commission and help you successfully earn money online.

Offer an additional services or help in addition to the affiliate programs that you promote. To earn money online easily with affiliate programs, you must offer a quick start guide and give your prospects extra attention. Most people do not know about the affiliate program you promote, so you must go the extra mile and offer help in explaining the program and answer any questions. Your guide can offer guidance on how people can start to earn money online with the affiliate program you are promoting. While giving some help, you are also promoting your online business and help your affiliate cheques to rocket.

Create a Blog. A blog will help you earn money online because it means you have fresh and unique on your website, which drives large volumes of traffic to your website. On your blog, you can then have reviews of your affiliate programs and your affiliate links, which further drives traffic to your website.
Build and develop strong contact with your sub-affiliates and prospects. You can easily make money online with affiliate programs by making sure that your own affiliates are well motivated to grow their business, which in turn increase your commission cheques through residual income. Simply by giving your affiliates the appropriate motivation and support, you will see your passive income increasing every month.

By following the steps outlined above in promoting your affiliate programs, you will see your affiliate commissions increase rapidly. Begin your home business online today with affiliate programs.

Why is it that so many MLMers never get around to making an stable and recurring income you ask? First of all this type of business is called Network “Marketing”, so how many network marketers you know actually have a marketing degree? Probably none, or if you do, are those people applying what they learned in school correctly? And even if they are great marketers, do they know how to close a sale? Because in the end you cannot call yourself a network marketer if you don’t practice the art of closing a sale and have some of what MLMers call “posture power”. Marketing a product, and doing it right, be it by networking or in a store or for a big company, plays a big part in the success of your marketing campaigns, but imagine a really big company (they have the financial resources to put up a huge marketing campaign) without sales people… the sales people are the one who their job is to successfully “close the deal”, you could have the biggest and best marketing campaign ever, it could be a great success.. but without people in your organization who practice the art of “closing” your marketing campaign will be simply that.. a marketing campaign..you need to have people who are talented at closing sales! Ok, but you don’t have the budget nor the resources of a big company.. well then you have to learn how to market your products AND close the sales yourself! Let’s take a look at how to do this.

I have to tell you that i have worked in sales for about 5-6 years, on the phone, in the public, in stores, and others, and i also worked in marketing for about a year or so.. so i want to share my experiences with you, and try to help you develop your organization.So now you have your marketing campaign running… of course you call your friends, family and relatives to let them know about your product, you meet new people everyday (maybe 2 or 3 people, you give them business cards and take note of their phone numbers).. that’s great.. you also have your online ads running, like adwords, blogs, forums postings, seo campaigns, ebay, froogle and others.. awesome! Now you get more leads than ever! People call you, send you e-mails and stuff.. you want to make sure now that you know how to close a sale, I’m going to give you some examples of things that might work, but you have to understand the 4 “personality types”! Because if you have no clue what type of person you’re talking to, you might end up not closing the deal, so you want luck to be on your side! Well..there’s no such thing as luck… i believe in hard work and coincidences, but you get the idea!

So here we go!

Solid

The solid type of personality doesn’t like conflicts, arguments or fights, they would like everything to be in perfect harmony. Solids won’t really cry for attention like the expressive type! They don’t demand much attention, but they are certainly worth paying attention to, because they usually have a really good sense of humor, optimism, and a really interesting way of thinking. They are usually healthy and relaxed people. They like solitude and calm, but they will join in for a good laugh. They are, i would say, the most “balanced” type of personality. They can blend really well in most situation or group, they are easygoing and also sensitive and in touch with their emotions. Their weakness would probably be their lack of enthusiasm, since they are relaxed and calm people, you will rarely see them jump up and down. When trying to close a sale, you may have a hard time figuring out if they are interested or not, so keep in mind that the solids are usually stubborn, and don’t like to change. So when you talk to them about your products/offer you absolutely have to ask them what they think (in a very subtle way), or else they won’t tell you, and you may find it hard to investigate further. So you have to ask them the right questions at the right time and you will do fine, or else they will give you information bit by bit and it can take long, very long, so by asking the right questions you will gather infos more quickly. Try to get some useful information, then propose something right away, and then narrow down your search.

Expressive

Everyone notices the expressive person… try to think of a party, anniversary or gala. They are the ones who will light up the room! They are energetic and enjoy talking. They are usually fun to be around because they are dynamic and love to have fun. They are pretty easy to identify, they make the “grand entrance”, they love to be in the spotlight, the center of attention. They are optimistic and cheerful people. When trying to close a sale with the expressive type, make sure you use words and sentences like: trust me, amazing, beautiful, awesome, useful, fun! Don’t give them too much infos, you’ll loose them.. They will buy something in a heartbeat, impulsively.. so what you want to make sure is they keep buying your product month after month (passive revenues for you!), you have to be very careful not to stress them to close the sale, simply talk with them about how great your product is (don’t be over-enthousiastic tho), do it in a very “laid-back” way, don’t talk too fast, don’t rush them, but you have to come up with something that will make them go “wow”. Listen carefully to what they have to say, answer their questions, and make sure you understand exactly what they are saying! Only then you will be able to find that little thing that will make them go “wow.. I’m buying this”!

Dominant

Confident, authoritative, and result-oriented! The dominant will usually cut down more work than any other type in much less time, not that they are work-a-holics, but multi-tasking come naturally to them: talking bussiness on the phone, typing a report, checking their e-mails.. all at the same time… we all do this sometimes, but the dominants do this all the time! You could say they are “driven”, and they are willing to work long and hard to go where they want to go, and they will succeed! They empower others, and are always looking for new challenges. Their social life is, of course, not the same as the expressive type.. they like to converse, but it absolutely has to be interesting, intelligent and you have to be confident about what you are saying to a dominant, because they tend to be a little “bossy” and take control. To make a sale with someone who is dominant you have to be very careful not to be too expressive! They are results-oriented, remember? so talk to them about the results they will get if they use/take your products, they want to know what it will do, how and when! They are very strict, so you have to be very precise when answering their questions…if you don’t know the answer, just tell them you don’t know (don’t make something up.. they will notice!!), but you can ask someone else (upline, coach..etc) and you will get back to them with the answer. They will like you to take the time to consult someone else to give them the right information.

Analytical

“A place for everything and everything in it’s place” would describe the analytical type best. The analytical is usually someone who is intellectual looking, quiet and reserved. Someone who analyzes things, conversations, and situation without really thinking about it, or doing it on purpose, it just comes naturally to them. They are usually more interested in the spiritual side of things; spiritual values, wisdom and integrity, than the other types. The analytical type is really disciplined and loyal, and is not much of a talker. They are perfectionist and sometimes introverted. Trying to close a sale with the analytical can be difficult, they need time to think and evaluate your offer, so simply give them the information, give them time to think about it, then call them back or re-contact them, and ask them if they read or watched what you gave them, and ask them what they think, if they have objections and questions, you have to be very professional, answer their questions, and tell them you value their opinion, if your offer seems good to them, they will join, if not, they surely have more questions, so do what you can to answer all their questions, but never ever ask them to join or buy your product right away, that won’t work!

Ok, so now you know some about the basic types of personality. Of course marketing and sales are not just about knowing these! You also need good products, good marketing campaigns (try writing 4 different ads, one for each personality type) and also a solid team to help you as you build your organization (upline, coaches, mentors).

Happy marketing and sales!

When we are planning for our finances, we must decide how we will measure our success. One measure is achieving Financial Freedom - but what does financial freedom really mean?

The term “financial freedom: is thrown around both by traditional financial planners and investment advisors, as well as every infomercial get-rich-quick scheme. Typically, most of the schemes are using the term to mean being so rich you never have to work again. But really financial freedom means being released from uncertainty and being able to confidentially know that you will be able to meet your life goals - that your finances (or lack thereof) are no longer holding you back from achievement.

This may mean that you have enough passive income (through pension, investments, business ownership, or real estate rental income) to finance your basic expenses. Or, it may mean that you simply know how to use your income, and investments, to create a life where financial issues are no longer holding you back from your goals.

But what I think is not important — What does financial freedom mean to you? If you lived in a world where you KNEW that you were going to be able to reach your goals, and you KNEW exactly what to do to reach your goals, how would that feel? What words come to mind when you think of financial freedom?

Action #1: Brainstorm some words that mean financial freedom to you. When I say brainstorm, I mean no filter, no editing, no judgment - just jot down some words, emotions, verbs, adjectives, feelings - that mean being free from financial issues, according to you.

So, what’s the point? Why are you here, trying to learn about your money?

The answer is your Financial Vision. Your Vision is your objective, or ultimate reason, of why you want to master your finances.

Imagine — you have a Financial Action Plan sitting in front of you on your desk, table, or lap. This Plan spells out the exact steps you need to achieve your goals. You now know exactly what you want to do, and feel confident that you will be able to complete these tasks.

How does that feel? What does it mean to you? And not just what’s in your head - how do you feel in your body - are your shoulders relaxed? Your achy, stressed-out stomach relieved? Do you sit up straight, chin high?

Imagine - you have achieved your major life goal, that goal that you are worried about right now. Maybe it’s paying off debt, buying a house, starting a business, sending kids to college, or retiring from your job. Whatever it is - you’re there. All the tasks are completed, you’ve done what you needed to do, and you have achieved your most important goal.

Where are you? What are you doing? How do you celebrate?

This Vision of Success is your motivation. When you are thinking about procrastinating, spending your savings, taking a lump sum to buy a new car you don’t really need, chickening out on taking a risk - you refer to this Vision to remember why you are here. Why you are learning, sacrificing, taking risks, making change - so you can reach this Vision of Success that you have envisioned.

Action #2: Create your Vision of Success. Write a few sentences, jot down an email to yourself, sketch a drawing, make a collage. Now post your creation on your bulletin board, log it into your blackberry, stick it in your wallet, save it as your desktop wallpaper - wherever you will see it every day as you make your financial decisions - this is your motivation to make every decision in a way that agrees with your goals.

Are you a perfectionist? Do you feel that your tasks are always unfinished? There is always one more thing, you have never really done that much, you always have more to truly reach your goal.

If so, you are probably not acknowledging your accomplishments - and this lack of finality, of celebration of a job well done, may be holding you back from success.

We all have done something on our finances. You’ve paid off a credit card, bought a house, opened up a 401(k), raised your retirement contributions, saved money each month, met with an advisor, opened up a life insurance policy. So you say, no, not me, I haven’t done anything yet? You subscribed to this eZine, and are actually reading it! A major accomplishment!

So, did you celebrate? Did you take the time to rejoice in a job well done?

Designing and implementing your new financial plan is a long process, which may take you months to complete. To maintain your positive attitude, you need to acknowledge each step along the way - regardless of how far you are from your ultimate goals.

Action #3: Make a list of everything good you have done about your finances - the tiny to the huge. Celebrate Each and Every One of Them. Buy a package of gold stars to paste in front of each item, eat a m’n'm for each task, spend five minutes getting a message per each completed event, drink a martini for each accomplishment

What’s holding you back from taking the next step on your finances?

Simply, you are.

Perhaps you have some technical issues that need to be addressed - finding the right person at the pension administrator to give you the projections, figuring out how to fill out the forms, allocate those accounts, find time to schedule the appointment. But you can deal with all of those issues, with minimal, if any help. Why haven’t you done it?

The Real Reason is likely some issue you have about money, finances, or success. We are all walking around with personal issues from our past experiences, in childhood, our teenage years, our prior relationships, or from our friends and community. Rules such as - people like us can never be rich, money is the root of all evil, corporations are evil, women are not good with money, I don’t know anything about money, I’m just going to get into debt again, what’s the point?

Until we figure out what these issues are, you will continue to subconsciously hold yourself back from taking the next Action Step you know you need to take.

So how do you discover those rules? One way is to keep track of your Roadblocks. Where do you get stuck? When do you stop Taking Action on your finances? Do you see a pattern? When did you start doing this behavior? Do you know anyone else who does this?

Action #4: Start a log of your roadblocks. Brainstorm a list of action items you currently know you need to take on your money, but have not yet done so. List your excuses. See a pattern? Do you see a Real Reason emerging? If not yet, don’t be discouraged, it may take some time tracking your roadblocks for your Reason to emerge.

Once you undertake the development of a business you utilize a variety of entrepreneurial skills. You find yourself working hard to keep things going, but there’s a real sense of satisfaction in the work.

Recently I was told of a woman who had started her twenty-first business. In each case the business was related to cooking. The good news was this woman was a capable businesswoman and an excellent cook.

The problem for this woman was that she got tired of running a business very easily. She would get a business established and grow weary of the day-to-day grind and would set a date to close the doors. Her husband was a carpenter and had systematically refurbished twenty separate properties for his wife’s business ventures.

This woman recently started a coffee shop with a variety of baked goods for sale. The business hadn’t been open 3 months when a separate coffee shop opened in the same retail complex. When she discovered the new business she threw her hands up in despair and asked the owner of the second shop if she could come to work for her.

You see, there is an invisible wall that is sometimes difficult to overcome. That wall is moving beyond the difficult work of day-to-day business where you are needed in the monitoring of all aspects of the business. Some, like the lady in our story, simply get tired and go home to regroup their strength for a later attempt. Others will find ways to derive income that does not rely on their own efforts. These are the entrepreneurs that more easily move forward.

Passive Income

If you are a store that specializes in a product you have created, the sale of items that are available from other suppliers can provide income that is your simply because you supplied shelf space.

The sale of insurance provides a means of deriving an income based on commissions that require little attention from you.

The use of affiliate programs can allow others to sell your products and provide you with an income on something you were not actively involved in selling.

The development of passive income is important to entrepreneurs because if you attempt to develop revenue exclusively on your own then your revenue stream goes dry the minute you need time off.

Someone once said, “Work smarter, not harder.” That’s especially true as you continue to develop your business. Seek ways to allow others to help you sell and market your goods and services. This likely means there will be salespeople working at selling your business even when you’ve left the building for a much needed day off.

If you’re given a choice of making $500 as a one-time payment OR getting only $100 but paid this amount every month, for 20 years if not for life, which would you choose?

If you work only once and get paid many times over, you’re earning a RESIDUAL INCOME. Of course you’d choose the latter.

Elvis Presley to day “continues” to earn residual income even after death because his records continue to “work” for him due to continued demand from his fans.

Therefore it goes without saying that in order to build wealth, you need to tap into RESIDUAL INCOME.

Very often, this is also referred to as “PASSIVE INCOME”, because you could afford to be passive or non-active (i.e. not having to work) and still continue to receive income.

If you’re like most people, you’ve been conditioned your whole life to think about income as a process of trading time and effort for money. Like the majority, you have been brought up to have only one major objective in life - JOB! Incidentally, if don’t already know, to many, JOB stands for “Just Over Broke”.

You work hard in schools so that you could get good grades to advance to colleges and universities where you work even harder so that you could get a good and secured JOB. Once you’ve got the jobs you want, you continue to work very hard in order to maintain them and to climb the so-called organizational ladder of success.

As a result, many have fallen into the trap of the RAT RACE and you know very well you can’t afford to stop because if you did, so would your income!

Although some of us could be drawing quite a handsome income, we’re not truly “wealthy” because we’re not free to do what we want and when we want with our money.

I’ve heard of many sad stories of “rich” EMPLOYEES not being able to spend badly needed valuable time with members of their families who’re sick in hospitals because they could not afford to be away from their place of work for too long as their services are urgently required by their employers. Doctors could not even really relax and enjoy a long vacation for fear of the loss of income or patients while their clinics remain closed.

Can I really have PASSIVE INCOME? You might ask. Indeed you can!

About 60 million people have access to the Internet - and yet it is still in its infancy. Every month millions of newcomers and thousands of businesses are reported to be setting up online. With this huge, expanding audience and the fact that marketing and advertising can be done on the Internet so easily and at only a fraction of the costs of traditional methods we now have a fantastic opportunity to be successful in online business.

Many companies have now aligned themselves with the Internet which has created many new paradigms in the past few years. Residual Incomes are made available to people from all walks of life. You can now make money online with simple and proven formula used by many to earn multiple streams of residual income.

However don’t believe what you’ve heard or seen in the Internet. Skepticism is encouraged because there are some dishonest people creating a lot of hype, unfulfilled promises and scams going around the Internet.

Fortunately however, these are the exception, rather than the rule. You must be able to feel absolutely confident about using the services offered by “Internet Business Gurus” to help you make money online before you sign up.

If you have any slightest doubt at all, drop it and move on to another. There’re many who belong to reputable organizations such as iCopâ?¢ and Better Internet Bureauâ?¢ as part of their commitment to uphold the highest business and ethical standards possible.

Many programs are designed for newbies who have no time or interest to learn HTML, Java, PHP and ASP. With a simple Control Panel, you’re only a few mouseclicks away from having a complete and professional website to start your online Internet home-based business! You need not have sleepless nights worrying about programming, web or graphic design, scripts, or content and product creation.

Further more, with some programs such as AFFILIATE PROGRAMS, all the order processing is handled behind the scenes on your behalf. This includes credit card authorization, order fulfillment, product shipping, and customer service. Also, there’s no worry about inventory. There’s no staff to hire and pay, no merchant accounts to set up, and no costly and time-consuming application process for licenses and permits to go through.

You have a website which sometimes could be created free of charge. It captures visitors automatically and follows up with them 24 hours a day and 30 days per month for 365 days a year! Your visitors’ names and email addresses are automatically recorded for you and follow-up automatically with a pre-written email marketing campaign.

However, like any ventures earmarked to be successful, you need some planning and consistent effort. To help you in this effort, here are a few guides you can follow in order to develop good habits for achieving your goals:

PLAN YOUR WORK AND WORK YOUR PLAN: Like any other forms of work, you must have a plan for your Internet business. Set an achievable short term, medium term and long term objectives, prepare a budget and stick to them as far as possible. Carry out periodical checking to determine any deviations from the plan and take the necessary remedial actions.

BE ORGANIZED: You need to download a lot of software, ebooks or PDF books from specific individuals or organizations for your continued education. You’d have a lot of contacts which could be your potential leads or customers. Chances are that you’d belong to many membership sites that require passwords which are first cited in their “Welcome” letters.

You therefore need to have a systematic procedure to keep all these vital information and data in the right and proper folders for quick and ease of retrieving. This would prevent loss of time and undue frustration.

You could create a simple HTML home page of your own with hyperlinks to all the important websites. This could be kept in your desktop for easy access

BE FOCUSED WITH CONCENTRATION: Although this is a home based business with all the freedom in the world, it’s prudent to have some form of discipline. Once you’ve decided to sit in front of the computer to start working online, you must stay focused and do not allow any distraction to affect your concentration.

Treat it as your business and not a hobby. It’d be nice to stick to a schedule which is also made known to other members of your family so that they’d know when to leave you alone. However do not get carried away and spend too much time in front of your PC because your loved ones, including your pets also deserve your attention and time.

BE CONSISTENT: You’d be tempted with countless of seemingly very attractive offers and promises from the Web to help improving your business. Do not fall into the trap of some of these promises. Just stay with a handful of strategies that work and stick with them. For example, if you’re submitting articles to drive free traffic to your sites and it’s showing positive dividends, stick to it and continue with this strategy while improving and fine-tuning others.

IF FAILED TRY AGAIN: Like any other conventional businesses, there’d be time when you’d encounter failures and disappointment. Do persevere as this is not a get-rich-quick scheme. It takes time to see the fruit of you effort although it’d definitely come. Use any failures to your advantage by learning from them. See success in every failure and opportunity in every threat.

“Intention decides what you want but action determines what you get”. Please persevere with your action and don’t give up.

I wish you all the best in your Internet journey towards the continued flow of PASSIVE INCOME!

The Prosperity Automated System (or PAS) is one of the most advanced internet business opportunities available on the internet today. It provides a totally passive income as well as the benefits of promoting multiple income streams. If you are looking for an internet business opportunity then PAS is probably something that you need to consider.

1. The PAS System creates a passive income stream for you
The PAS system creates a passive income stream that can take as little as nine minutes per week to manage. If you are trying to find an internet business opportunity while still working at your day job then this definitely is an advantage. Once you have your passive income stream bringing in enough money to live on you can then choose to do what you like with the extra time on your hands.

2. The PAS system allows you to build multiple income streams
The PAS system allows you to advertise up to seven products at the same time. Building multiple income streams is important for the stability of your business and you should always look into this when working online. PAS allows you to advertise all these products passively therefore greatly reducing the amount of time you would need to spend advertising your individual products.

3. PAS does your selling for you
Perhaps the biggest hindrance for many people in starting their own business on or offline is the fact that they feel they will need to sell to people and for many people this can be a really frightening prospect. With PAS however they do all you’re advertising and selling for you. You can help drive prospects to your website but they will call them and weed out those that are serious from those that are not. If you do not wish to do any marketing yourself then PAS can also help you market your website.

4. PAS uses advanced marketing techniques so you don’t have to
PAS uses not only search engine traffic to drive people to your website but also PPC advertising, radio campaigns, voice broadcasting, high profile offline advertising and will soon be seen on CNN. Few people have this kind of influence to reach so many people but by leaving your advertising in the hands of PAS staff you will be able to reach all these mediums.

In summary PAS is one of the most advanced online business opportunities you can get involved in today and gives you the chance to build a passive income stream on multiple income streams while it does all your selling for you using advanced marketing techniques and you just sit back to see the dollars rolling in.

Reducing time wastage is not just for busy people. I feel that is it an important thing that everyone learn to reduce time wastage. I believe that if spare time is probably invested, it can make a whole lot of difference in the quality of my life.

For example, if I had invested my spare time to learn and create wealth consistently, then I would be able to accumulate more wealth in the long run than if I had done nothing. This extra wealth would definitely help to improve my quality of my life. As I have gathered from Rich Dad’s series by Robert Kiyosaki, time is one of the two available components that I can invest to create wealth. The other being money.

Another example is that if I had invested my spare time to learn how to drive, then I would be able to benefit from the convenience of having a car. I could go anywhere at anytime because now I had a car and I knew how to drive. Thus, my quality of life would improve.

If I want to improve my quality of life, how will I go about reducing time wastage?

Firstly, I need to know currently what are the activities that I am spending my time on. If I do not know how I spend my time, then there is nothing much I can do to reduce my time wastage.

Just like in financial planning, I have to keep track of all my expenses to know where my money goes. From the list of expenses, I will then identify which one of them is unnecessary and think of a way to do away with.

For example, I had subscribed to a weekly magazine. But I never seemed to have time to read it at all. Every month, I would be paying for the subscription without getting any benefits out of it. The money was wasted on the subscription. To fix this issue, I would cancel my subscription since I knew I would never have time to read it even though I wanted to.

Similarly, I can monitor what I have done every day. I will end up with the list of activities that I am spending my time on. From this list, I will then identify which one of them is unnecessary and do away with it. For any time that I am not doing anything, I will classify it as an activity for lazing around. For time that I am relaxing, I will classify it as an activity for relaxing.

Which of my activities are considered to be time wastage? Is relaxing and lazing around considered to be time wastage? That really depends on individual perception of the value of time.

This brings me to the second point on reducing time wastage. The key to reduce time wastage is by increasing the perceived value of time. If my perceived value of time is high, then I will be motivated to reduce time wastage.

For example, if I had only six months of lifespan left, then every single moment counts. To laze around and do nothing will be considered to be time wastage! If I had one thousand years of lifespan left, then time is not as valuable. To laze around and do nothing will not be considered to be time wastage.

Just like in a case of money, I will find means and ways to reduce money wastage because I perceived it as very scare and valuable. This is because I need more money to be invested in assets that generate passive income. Passive income will enable me to become rich. But if I am already filthy rich and earning lot of passive income, then I may not be so concern with money wastage.

How to increase the perceived value of time? One way is to monetize time. I will divide my monthly income by the number of working hours per month to figure out how much I earn in an hour. Let say I earn $10 per hour, then each hour that I am not doing anything useful, I am wasting away $10.

The other way is to remind myself constantly that life is fragile. Each day that has passed, I am nearer to my death. Thus, I will feel the urgency to make full use of time. For people who had survived life-threatening situation, you will understand why I feel that time is precious.

By reducing time wastage, I can afford to have more time to invest for creating wealth. Since I have more time to invest, my path to become rich will be accelerated. And I will be able to realize my dreams in a shorter time.

* DISCLAIMER *
The author only provides the material and information as a layperson’s views about an important subject. The materials and information are from sources believed to be reliable and from his own personal experience, but he neither implies nor intends any guarantee of accuracy.

All the materials, information and procedure in this book are only the author’s personal opinion. You must consult your own professional advisor and other reputable sources on any matter that concerns you or others.

The author, publishers and distributors are not competent and do not profess to give legal, accounting, medical or any other type of professional advice. The reader must always seek those services from competent professionals who can review your own particular circumstances.

The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.

The middle class and the poor people spend their earned income on luxury items while the rich people use their money to invest in assets that generate passive income. Then the rich people use the passive income to enjoy luxury items. Based on my understanding of the Rich Dad’s series by Robert Kiyosaki, this is one of the main differences between the rich people and the others. If I want to be wealthy, then I need to adopt this approach of not using my earned income money on luxury items.

But I find that it is very difficult to adopt this approach. I must stop spending on luxury items and invest in assets that generate passive income so that I can be rich. Even though most people know that simple rule, few people actually are capable of adopting it.

This is the same in the case of people who had been smoking for years. Most of them are aware of the dangers of lungs cancers due to smoking. Yet, they continue to smoke. Similarly, if you tell an obese person the danger of overeating, he will still continue to overeat. If you tell an alcoholic to stop drinking, he will still continue to drink.

Do you know why?

To answer that question, there is a need to understand how pains and pleasures work.

If you had a chance to ask a smoker why does he smoke, he would likely to give you a reason that is related to pleasure. I have heard people who smoke do it when they are stressed. According to them, smoking helps them to relax.

If you were to interview someone who overeats, he would likely to give you a reason that is related to pleasure. I have heard people who overeat when they are stressed. According to them, eating helps them to relax.

If you were to question someone who is an alcoholic, he would likely to give you a reason that is related to pleasure. I have heard people who get drunk when they are stressed. According to them, drinking helps them to feel high. And the list goes on.

I notice a common thing among all these people. Though they are doing different things, they are doing them because they derive pleasures from doing them. Their minds have been wired to treat their actions as pleasures not pains.

That explains why I have difficulty in adopting the approach as learned from the Rich Dad’s series by Robert Kiyosaki. I enjoy luxury goods. Thus, I will associate pleasures with the luxury goods. I do not associate pains with spending money on luxury goods.

Everyone in the right frame of mind will go for pleasures and not pains. Thus, it only makes sense for me to tolerant pains now provided I can enjoy greater pleasures later. And this conviction is even stronger if I could have a taste of greater pleasures first. This is like a glimpse into what my future would be like if I were to adopt the approach of wise investment instead of spending on luxury items. If I were also able to experience pains of no money for retirement at old age now instead of in my future, then I would associate pains with spending my earned income on luxury goods now. And this is the same for the other cases.

If a smoker were able to experience the pains of lungs cancer now instead of in the future, then he would definitely associate pains instead of pleasure with smoking. He would associate pleasure with no smoking now if he could experience great health in the future. He would definitely stop smoking on his own accord.

If an obese person were able to experience the pains of bad health due to overeating now instead of in the future, then he would definitely associate pains instead of pleasure with overeating. He would associate pleasure with no overeating now if he could experience great health in the future. He would definitely stop overeating on his own accord.

If an alcoholic were able to experience the pains of liver failure due to over consumption of alcohol now instead of in the future, then he would associate pains instead of pleasure with drinking alcohol. He would associate pleasure with no drinking of alcohol now if he could experience great health in the future.

In other words, the way that I associate pains and pleasures with things will determine my future. With this new understanding, I can make use of the association pains and pleasures to my advantage. If I want to be rich and wealthy, then I need to associate pleasures by adopting the approach as learned from the Rich Dad’s series by Robert Kiyosaki to invest in assets that generate passive income instead of spending on luxury items.

* DISCLAIMER *
The author only provides the material and information as a layperson’s views about an important subject. The materials and information are from sources believed to be reliable and from his own personal experience, but he neither implies nor intends any guarantee of accuracy.

All the materials, information and procedure in this book are only the author’s personal opinion. You must consult your own professional advisor and other reputable sources on any matter that concerns you or others.

The author, publishers and distributors are not competent and do not profess to give legal, accounting, medical or any other type of professional advice. The reader must always seek those services from competent professionals who can review your own particular circumstances.

The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.

How to Generate Income from Your Biggest AssetYour Mailing List

How do you do it? You can simply create a mailing piece giving details about your list, mail it to the list brokers (whose names are readily available out of Standard Rate & Data’s Direct Mail Lists, Rates and Data) and sit back and wait for the orders to come in. The broker will bill the renter of your list on your behalf and when he receives payment from his client he’ll remit to you rental income less a commission of 20%. BEWARE: List brokers are frequently slow in paying for rentals. Some list brokers blame it on the fact that their client didn’t pay them but we have heard of cases where the broker has taken weeks after he’s been paid by hit client to remit to the list owner, you.

The broker takes no liability for collection of the bill. If and when the broker gets paid, you get paid. If he doesn’t get paid, neither do you. Thus, it is important that you exercise credit approval on his client and do not hesitate to ask for “cash up front” if you doubt the credit worth of his client. Most brokers are reputable and will (eventually) remit to you after they’ve been paid. All promotion and sales activity rest on you. Brokers will phone you in advance for information and clearance approvals.

The second way to earn a large sum of passive income is to have your mailing list managed by Strategic Alliance List Manager (SALM). The SALM job is to find and create joint ventures with firm who’s products complements your exist products/services. Although this may sound easy, it’s sometimes very difficult task. Here’s how it works. The SALM goes to the complementary firm and tell them they will sell their products for them without any upfront marketing cost or capital risk. Why? Because the SALM and you only get paid on the number of prospects from your list that purchase the complementary service.

The first thing the SALM would do is find companies with products or services that your customers would want to buy and then you negotiate a joint venture deal where you would give your endorsement to their products for a percentage of the profits. This percentage is negotiated and so are the expenses.

However, when there are residual sales in the mix, the SALM would negotiate for you to get the largest percentage of the profit. For example, your SALM could go to a company and tell them that you’ll allow them to market their product or service to your customers and will structure it in a way that you’ll give them an endorsement and pay all or half of the up-front marketing costs, but you won’t take a percentage of the profits on the first sale. All you want in exchange is 25% or 50% of the profit from all the residual sales that company makes to your customers.

This is an enticing offer to the complementary company because it allows them to access a whole new group of customers with little or no up-front marketing expenses. They’ll acquire customers they probably wouldn’t have been able to get and all it costs them is a certain percentage of the profits from future sales.

When I first started Xspology.com, I didn’t have a lot of money for marketing. I knew I had a great product. In addition, I knew there was enough built-in margin in my services that I could partner with companies that had clients I wanted and pay them a respectable amount. It was a win, win for me and my partners. I walked away with new clients with no up-front cost and my partners walked away with a fist full of cash.

Here are some of the benefits to you acting as the list owner in the joint venture. You are making money you otherwise wouldn’t have made! You’re generating outside streams of cash flow without any cost of sales or overhead! And you’re able to recoup the investment you’ve already made in your customers and prospects and all the other assets you’ve built up in your company over the years.

If you wanted to be the on the other side of joint venture, your SALM should be able set that up for you also, simply by turning the tables. When you’re the person to exploit the list of another firm you offer that firm customers special inducements because of the relationship between you and his company. For instance, in order to really garner the customer’s trust, you may have to give a longer guarantee or more product options or a lower initial investment. This overcomes their natural sales resistance and it helps make the host company look good in the eyes of its customers because it’s offering them a special deal.

In deals like this, the payoff is always negotiated. There are no hard and fast rules for who gets what. Usually the list owner pays the marketing costs and gets repaid off the top. Both sides share in the remainder of the revenue. In some cases, they two sides split the marketing expenses and split revenue.

Not all the splits will be 50/50. It depends on the offer. Sometimes it make more sense (and profit) for the list owner to forego any profit on the front-end because there are heavy repeat sales. The complementary firm may give the list owner all the profit on the front-end and nothing or very little thereafter, because the beneficiary plans to make all his money on the residual sales.

As you can see your list is your greatest asset and your meal ticket to greater finance. Many business owners build their internal list from their website by offering free reports, subscriptions, and tools in exchange for their contact information. Others business owners keep an in-house database of all their prospects and clients that available for rent. No matter what method you use to capture names to your list, realize this, if you do not use or manage your list effectively you are literally throw tens of thousands of dollars out the window and into the trash.

If you don’t believe me look at this way. Xspology.com offer its partners and affiliates 50% of the residual and up-front profits of clients they bring and if a partner brings 50 clients to Xspology.com then the partner will receive $12,500 a month. I think you would agree that being Xspology partner is great source of income for little to no work or investment. There is absolutely no reason you can not copy this formula and make it work for you too.

About Xspology.com Inc.
Xspology.com is an executive coaching firm located in Atlanta, Georgia whose service specializes in creating optimization processes and marketing strategies for financial and investment advisors. Advisors can download 10 sample strategic marketing and optimization reports at Xspology.com.

For further information contact:
Bobby Ellis, President and CEO,
Phone: (404) 964-2927
Xspology.com

One of the keys to creating massive wealth in life is to create multiple streams of income or passive income.

After all, the reason why most people work is to earn an income to support their standard of living.

When you work in a job, regardless of the position and level you are in, you are basically trading your time and skills in exchange for a regular paycheck. People who depend solely on their job as the only source of income are highly at risk.

This is because you can only continue to work in your job provided you are healthy and the company and economy is doing well. However, during recessions, with corporate America ever trying to please shareholders and investors, naturally the first thing that comes to mind is cost cutting. This normally translates to layoffs and retrenchments.

Technological advancement brought about the Internet, which was initially used more for research purpose. It was not long before companies, businessman and entrepreneurs discovered the potential of Internet in conducting business.

There are many online business models that can be used to create multiple income streams.

For example, one popular marketing strategy employed by marketers is to set up a one page site offering free gifts or information like an e-course to people who opt-in to their list.

Next, using an auto-responder, they will then follow-up with these prospects seven times or more until eventually they purchase some product either their own, or other people’s products.

Another business model that can be used is Google Adsense, which is becoming increasingly popular. There are frequent stories of ordinary people earning a substanstial amount of passive income each month just based on this method alone.

Today, you can set up an online store, a directory of pages, an affiliate site, a blog for for many, many times lesser than what it would cost you to set up a brick and mortar business.

For less than fifty dollars, you can register a domain name for just $6.95 for one year, sign up with a $9.95 a month web hosting to host unlimited domains and spend the remainder of the money to drive traffic to your sites using pay-per-click programs.

If you want free traffic, you can use a myriad of strategies available to small and medium online business owners, such as article marketing,blogs, rss feeds, podcasts just to name a few.

What has all this got to do with you, you might ask?

Simple. Going back to the fact that one can only work a fixed number of hours in a day, the only way to increase your wealth is to create additional income streams for yourself.

Setting up your own online businesses to create multiple income streams is one of the easiest and most inexpensive ways to do so.

Blogs, or more specifically niche blogs offer the budding entrepreneur the best of both worlds in terms of traffic generation and the flexibility of multiple income streams all on one site.

The idea behind niche blogs is this: Set up a blog on a niche topic, for example acne causes and solutions, post articles on it and add in income streams such as Adsense, Amazon, Chitika and even Clickbank.

Next, use the blog’s built in rss feeds and submit them to rss directories to start driving traffic to the niche blog.

The result? You’ve just created your first stream of passive income.

Imagine creating 10, 50, 100, 1000 of these niche blogs. How many streams of income would you have created? You can create a niche blog in basically any niche, for example coin collection, keeping aquariums, candle making just to name a few.

Start taking charge of your financial future now and create your own niche blogs.