I got out my trusty calculator and did a little math. Assuming you make your own information products, what would it take to earn $100,000 in a year if you work with affiliates and pay them 50% commission?

$47 Ebooks: You’d need to sell 355 of these a month, or 12 per day.

$97 Teleseminars and Webinars: You’ll be selling 172 seats a month, or 5.7 per day. Think no one would pay that kind of money for a teleseminar? If your information is timely and valuable, they’ll line up for it. For example, stock market and forex trading advice would fit this category.

$197 Audio Courses: You only need to sell 85 of these a month, or 2.9 per day. Now who’s going to pay $197 for an audio course? Actually, a lot of people. The trick is to make a big promise, record on a library of CD’s, and make sure you fulfill that promise. Example titles might be; 7 Days To Speaking Confidence or perhaps Improve Your SAT Scores by 33% In Two Weeks or even How To Become A Master Pick Up Artist Practically Overnight.

$497 Video Courses: I know what you’re thinking – who’s going to pay $497 for a video course? The truth is, many people have paid TWICE that amount. Sample title? How about… How to Generate a Six Figure Income in 90 Days. Oh yes, and to earn $100,000 a year using affiliates at 50% commission, you’d only need to sell 33.5 a month. That’s practically one per day.

Now then – would you rather make 12 sales a day, or 1 sale a day? Are you ready to step up and start selling big ticket products?

And by the way, other products you can sell for $497 and MORE are…

– Home Study Courses (video, audio and written material)
– Online Study Courses (video, audio and written material, plus it’s more interactive and more likely to actually be used by the buyers.)
– Seminars and Workshops
– Group Coaching

So let me ask you a question: What if you put on a killer online study course and you charged $997 – how many sales would you need to reach that $100,000 mark (assuming all sales were made through affiliates?) Just 16.7 per month.

Or what if you charge $2,000 for your seminar – you’d only need 100 attendees to make a $100,000 payday.

Or if you charge $300 a month for group coaching – you’d need just 55 members.

And in any of the above scenarios, what if you didn’t use affiliates? What if you made all the sales yourself? Then of course you’d only need half as many sales to make just as much money. So in the $997 product example, you’d only need 8 or 9 sales a month to generate a $100,000 income.

If you’ve been paying attention here, you might have noticed I left out one major possibility. Do you know what it is?

Recurring subscriptions or membership sites. 355 members paying $47 a month yields $200,000 – half for you and half for your affiliates. Can you retain 355 for the full 12 months? You’ll have to offer killer content and incentives to come close.

One more thought – what if you do a combination of the above? Perhaps you choose two things, or three or four. Then instead of earning $100,000, you’re earning $200,000 or more.

I’ll let you in on a secret: We tend to get so bogged down in day to day thinking that we forget to step back and look at the big picture. And so is it any wonder that we think small, instead of thinking in numbers like these? You can indeed attain these marks and more, but the first step is to think the thoughts and the second is to believe you can do it.

And you already know the third step – take action on a massive scale and don’t stop until you reach your goal.

Need some serious cash in a flash? Assuming you already have a customer base, here’s what you can do:

1. Identify your best customers. If you have only two lists, one of prospects and one of people who have actually made a purchase from you, then of course choose your list of buyers. But if you have a list of repeat buyers or customers who have made large purchases from you, then you want to choose that list. Whoever your best buyers are, those are the ones upon which you want to focus your efforts.

2. Talk to these people. You might call some of them if you have phone numbers, or more likely you will send them an email or survey. Identify what they most need and most want right now. Some things they might need, and other things they might want. What you’re really looking for is the one they both need and want.

3. Based on what you learn, create a high value offer with a matching price tag. In other words, you’re going to offer tremendous value and charge accordingly. This won’t be for all of your customers, but then again you’re only targeting your very best customers with this offer.

4. Make the offer to your valued customers. If you’ve done this correctly, you should see a nice cash infusion into your business, and this entire process can be done in less than a week.

Social media platforms offer a great way to create new connections and strengthen existing relationships. Here’s 10 simple ways you can engage people on social media to develop more meaningful, and potentially profitable friendships and partnerships.

1. Acknowledge. It’s no accident that this is #1. Comment on your friends statuses and posts. Reply to their tweets. Interact. Acknowledge when they say something bright, funny or helpful. The fastest way to engage others is to meet them halfway.

2. Like and retweet. Maybe you can’t respond to everyone, but it only takes a second to give a like on Facebook or retweet on Twitter, and it makes the other person appreciate you all the more.

3. Don’t tell – tease. Next time you post a new article or blog post, don’t tell all. Instead, simply post a teaser that gets your readers wondering what the post is about. And don’t forget to add the link – the better the tease, the more clicks you’ll get.

4. Play caption-this-photo. Find a weird/strange/bizarre/humorous photo, and then ask your friends and followers for funny captions.

5. Offer weird trivia and facts about interesting things. For example, “To keep food from freezing, Eskimos use freezers.” or “In the 1830’s ketchup was sold as medicine.” Here’s some weird facts that will get you stated: triviachamp.com/Weird-Trivia-Facts.php

6. Variation on #5 above – ASK weird trivia questions. You can do this one of two ways: Either ask a question they can find online, such as; “How many dimples are in a golf ball?” or “What is the only domesticated animal not mentioned in the Bible?”

The second way is to ask a trivia question they cannot find online. Example: “How did I earn $674 in one day when I was 12 years old?” Or if you’re good at research, you can find something online that’s obscure, such as; “About 100 people choke to death each year on what common object?” (Answer: A ballpoint pen.)

7. Play “who-said-it.” Post a quote from a movie you’re watching and ask people who said it and what’s the name of the movie they said it in.

8. Update your photo. This works better on Facebook than on Twitter, because on Twitter the photos are so small to begin with. But on Facebook you can post a new photo everyday if you like, and because people notice photos before anything else, they’ll notice yours.

9. Play “fill-in-the-blank.” You make a statement but you leave one or two of the words blank. This way your followers and friends can complete it. HINT: Always make the statement about THEM, not about you. Try to use potentially humorous subjects. For example: “I like to ___ while I’m ___.” or “In bed, I often ___ while thinking of ___.”

10. Ask. Ask for thoughts, opinions, help, advice, etc. People love to be asked and will take the time for surprisingly thoughtful responses. NOTE: Be sure to THANK them!

Employ a few of these social media engagement strategies, and become someone that consistently creates new value and interesting content that attracts people deeper into your circle of influence. 😉

As an online marketer, there are 3 kinds of speed you need to focus on to be successful.

The speed of your customer service. If a customer emails you today, you need to answer today. If you can’t, hire a virtual assistant. If you can’t do that, then at least set up a help desk that lets customers know what hours you work, so they know when you will be getting back to them.

Your website speed. How long does it take for your website to load? For every second added to a website’s load time, the conversions decrease by a shocking 2% to 7%, and page views are reduced by 1% to 2%. That’s per SECOND. In addition, Google factors in loading speed when determining the ranking it’s going to give your website. I’m not going into a technical tutorial here, so I suggest you Google how to make your site load faster and take it from there – or suffer the consequences.

That sounded dire. Sorry. I’m eager to get to my third point, and that is:

Your own speed. When you have a great new idea, how long does it take you to act upon it? When your customer gives you a brilliant new product request, do you begin today? Tomorrow? Or do you put it off until never? When you’re in the shower and you have a brilliant thought on how to increase subscribers, do you put it into action now? Or will you “get around to it?”

I’ve found that if I don’t act within 24 hours on a new idea, I will almost certainly never act on it. In addition, if I do act but I wait until I get it perfect before rolling it out – it gathers dust and becomes a total waste of my time and resources, along with an almost imperceptible blow to my confidence and self esteem.

I have a theory, and it’s this: Each time you have a brilliant idea but don’t act upon it, you’re one step closer to dying the death of a thousand cuts. Sure, one or two is no big deal, but they add up. Pretty soon you’ve got a long list of brilliant ideas that never saw the light of day, and your business is stalling.

Speed to paramount to success. You almost can’t have one without the other. I encourage you; take something you’ve learned or thought of today, and begin work on it RIGHT NOW. Outline what you need to do to get this idea off the ground, and then do the first thing on the list. When that’s done, cross it off and do the second. Have it done by tomorrow. Yes, tomorrow.

I guarantee; you’ll become addicted to speed and your business, your confidence and your income will thank you.

Hint: Do the Opposite and Success Will Be Yours!

Is the Internet easy money? A lot of people seem to think so, which might be why we see Internet businesses come and go faster than feathers in the wind. And sadly, while it takes a lot to succeed in business, it really takes very little effort to fail.

But you can turn the tables and give yourself a head start by NOT doing the following:

1. Bringing nothing new. You see what someone else is doing and you copy it. FAIL. Unless you do it faster, better, cheaper, stronger, more effectively, etc.; you won’t make a dent in the market. You’ve got to differentiate your business by either offering something new or something vastly improved.

2. Not prioritizing. If you’re obsessed with trivial things like getting your latest article perfected – rather than focusing on the big things like making sales – you’re going to fail. Decide what’s most important to making your business a success (aka: getting new customers and taking care of your current customers) and spend your time and resources on those activities.

3. Doing everything yourself. Sure, you’re lousy at building websites, but who wants to pay a pro, right? So you spend 4 weeks building a website that frankly looks like it was made by a junior high student doing just enough to get a barely passing “D” grade. Forget about it. Hire outsourcers to do the things you stink at, and focus your efforts on what you do well.

4. Pleasing everybody. You’ve got a product that everybody needs and wants, and you’re going to sell billions of them, right? Probably not. First of all, how do you reach a market of “everybody?” Second, when you try to appeal to everyone, you generally wind up appealing to no one. By targeting your product or service to a specific group of people you vastly increase your odds of success.

5. Not being obsessed. If you’re laid back, working now and then when you ‘feel’ like it, and wondering where the truck full of cash is hiding, then guess what: It’s not coming. You’ve got to put in long hours in the beginning of your business to make it succeed, and if you don’t then you’ll never have a business – only a money sucking hobby that annoys your spouse and wastes what time you do spend on it.

6. Changing course repeatedly. Hey, you were going to write great content about fishing and promote fishing related affiliate products, but you just bought this great course on how to sell backlinks, so you’re going to do that instead, except there’s this other course on how to make a killing servicing the Forex community… STOP! Choose your business model and then strap on a pair of blinders so thick you can’t tell if it’s daytime or nighttime.

Once you’ve got those blinders on, the ONLY things that get through are methods and tools that help you on your present course. Anything that could divert you off course is totally, completely irrelevant and will be shunned and ignored to the full extent of your laser focused abilities.

7. Thinking the universe will do it for you. Yes, you’ve watched The Secret a dozen times and read all the latest books on manifesting your destiny. Now all you need to do is sit back and visualize your success 24/7, and it’ll happen because you’re just that kind of guy (or gal.) Get a grip. If it’s going to happen, it’s going to be because you MAKE it happen, not because the Universe owes you a debt of gratitude for you being, well, you.

8. Being a cautious genius. You’ve got a good idea of what to do, but there’s just a few more things you need to learn before you take that first real step because you’ve got to get it just right. After all, in school it was all the studying that got you the good grades, right?

Well guess what, this isn’t school and studying won’t even get you out the door. Yes, you need to know what you’re doing, but no, you don’t need to write your doctorate before you take action. There are times when you need to throw caution to the wind. If you’re procrastinating, if you’re scared, if you’re “not quite ready,” then it’s time to stop preparing and start DOING.

9. Clutching pennies so tightly they scream. You go with the $1 a month hosting because it saves you $9 a month. Then your website crashes the day of your first launch, and there’s no phone number or online chat to get a hold of anyone.

In fact, reading the fine print on your web hosting site, you discover that they only accept correspondence via carrier pigeon, and then only on the third Tuesday of the month. Yes, you need to watch expenses. No, you do not need to cut corners so badly you ruin your own business.

There is an exception and it’s this: If you happen to have a lot of money sitting around gathering dust, you can hire people to perform most of your online marketing tasks for you. You’ll still need to determine the course of your business and guide it in the right direction, but what you spend in money can save you in time.

Then again, having a lot of money to throw at a new venture is often its own recipe for failure, so beware and be careful if you plan to employ this method.

10. Screwing your customers. What’s important is making the sale, not making the customer happy, right? Wrong. Refunds, bad reviews and disastrous customer service will ruin your business faster than termites will eat tree houses in the tropics. Take care of your customers, give them more than they expect, thank them and then ask what else you can do for them. Remember: No customers = no business.

11. Failing terrifies the stuffing out of you. Maybe you shouldn’t do ____ because you might fail. (You fill in the blank.) Guess what – failure is GOOD. Without failure there is no success. The only person who has never failed is the person who has never attempted anything in their life. Do you want to be that person? No. Then expect that you will fail now and then, and when you do, you’re going to pick yourself right back up and keep going.

There you have it – 11 ways to fail or succeed. The choice, my friends, is up to you.

(You Just Don’t Know It Yet)

Think you don’t have anything to share? Think again. Your life experiences along with what you’re learning can make great content. All you need to do is take notice of it, seize it before you lose it, and transform it into an article, blog post or video.

For example, what mistake did you, one of your clients or one of your colleagues recently make that others can learn from? Everyone likes to hear about other people’s boo-boos, and it’s always cheaper and less painful to learn from others’ mistakes rather than our own. So keep your eyes and ears open and you’ll find a ton of content with this idea alone.

While you’re looking for mistakes, keep your eyes open for success stories. What did they accomplish and how did they do it? By learning from the success of others we can find vital clues on how to create our own successes.

Sometimes the real story isn’t in the success but in the challenge they overcame to reach that success. If you or someone else discovered a new way to break through an obstacle, it’s guaranteed that other people will want to hear about it, too.

Has someone given you a terrific piece of advice? How did you use it and what happened? Or have you discovered a new tool with a benefit too good not to share with others? Then you’ve got great content in the making.

Maybe you’ve got a unique solution to a problem others are having. This kind of content is so good you can sell it. Or perhaps you’ve got a story about something that didn’t work at all – others will want to know to steer clear of it.

The real trick to creating great content is simple – look for it. As you read, work, interact with others and go about your day, always keep a lookout for things to share on social media. Keep a notebook in your pocket and jot the ideas down and you’ll find they rapidly multiply into more than you can even use. You’ll never be stuck for great content again because you’ll see it truly is all around you.

Your logo represents your business and serves as a signpost to the world. It’s not just a luxury – it’s a necessity and a business asset. In fact, if you don’t yet have a logo then you’ve got to ask: ‘Are you serious about your business or not?’

Here are 9 reasons to consider getting your own logo as soon as possible:

1. To promote your business. Logos project your business image to visitors, customers and future customers. A well designed logo says you’re serious about what you do.

2. To give you credibility and professionalism. When prospects see your logo on your websites and social media, they associate that logo to your business and even begin to look for it.

3. To make you more memorable. A business name only goes so far in triggering memory. As they say, a picture is worth a thousand words. And a catchy business logo makes you and your business far more memorable. After all, what’s the use of being seen if you’re not remembered? Of two similar businesses competing for the same customers, the one the customers remember is far more likely to get the business.

4. To clarify what your business does. Business names can sometimes be unintentionally deceptive, vague or simply unclear when it comes to the types of products or services your business offers. For example, Blue Rabbit Racetrack could be a place where blue rabbits race, or perhaps cars, horses, dogs or even people. By adding a Greyhound to the logo, it instantly becomes clear that Blue Rabbit Racetrack is for racing dogs.

5. To look bigger and more established. Like it or not, people tend to think a logo means you’ve been around the block and you’re a “real” business.

6. To attract new business. Because you look and ‘feel’ more professional with a logo, prospects tend to trust you more.

7. To brand yourself. In the eyes of prospects, John Smith without a logo is just John Smith. But John Smith with a logo is a company – and thus appears more stable and trustworthy.

8. To increase your business’s value. If you decide to sell your business one day, having a well-rounded package that includes marketing materials, graphics and a professional logo increases your business’ perceived value.

9. To attract venture capital. See #8 above.

How do you get a logo designed? You can Google logo creation and get hundreds of companies vying for your business. Most charge in the $100 to $300 range, while others charge far more. I remember reading years ago that the U.S. Postal service paid a million dollars for their (then) new logo.

You, on the other hand, do not need to spend $100 or a million dollars. There are many reputable free and low cost logo creators online that can get you up and running with all of the benefits we’ve talked about above, and they are just a quick Google search away!

While there are many ways to make money online, the vast majority involve selling a product – be it yours or someone else’s.

But have you ever considered offering great content or software for free, and then allowing your visitors and fans to reward your good work through giving you donations? It’s simple – you provide your visitors with the opportunity to say “thank you” through either monetary donations or buying you things that you want.

This might not be the method to use if you’re looking to make huge money, but it can be a lucrative source of extra income. And perhaps best of all, you don’t need to feel you’re pushing anything on your customers or asking them to buy more stuff they don’t need or want. Visitors reward you when they choose to, and because they don’t feel pressured, they can sometimes be even more generous than if you were trying to sell them the latest greatest product.

Here are 8 tips on how to make the donation business model work for your website…

1. Offer quality content that truly helps your readers. This is true on any website, but especially important if you’re going to ask for donations. The more your content helps your readers, the more likely they are to want to send you a monetary ‘thank you.’

2. If your content doesn’t provide helpful information, then it should entertain. Perhaps you’re especially funny, or you’re up on the latest news in your niche. You’ve got to offer your visitors some type of real value to get donations.

3. Don’t be afraid to ask. “Did you find this information helpful? Then please help us to continue providing this great info in the future by supporting us. Any amount is helpful and greatly appreciated.”

4. Make a wish list on Amazon and post a link to your wish list on your website. “Have I helped you? If you would like to express your appreciation, please feel free to buy me a book.”

5. Don’t be afraid to place expensive items on your wish list. Optimally you want to choose items from a couple of dollars all the way to a hundred dollars or more, because you never know who will be buying you a ‘thank you.’ It could be a rich person whom you’ve just given a stellar idea that will make him/her thousands of dollars, and they might be the one to buy you that expensive $599.00 espresso machine you’ve been thirsting for.

6. You don’t have to confine yourself to Amazon: More and more online companies are offering wish lists. For example, thinkgeek.com, barnesandnoble.com, dickblick.com and containerstore.com all offer wish lists, as do hundreds of other retail websites.

7. Instead of wish lists, let them send you money. For example, “Buy me a cup of coffee” is a popular way of asking for donations. You then give them Paypal options of buying you anything from a single cup of coffee ($3-$5) to a case of beer, or dinner for two. You choose the options offered and the donation for each. And you can also create an option where they choose the amount to send to you. “Was this post helpful to you? Then please buy me a cup of coffee.”

8. Don’t get pushy. You’re providing them the chance to be nice and return some of the benefits you’ve offered to them on your website. You’re not trying to “sell” them on sending you money or gifts.

Selling products online is certainly the most direct path to earning profits, but there are a growing number of high profile websites, and everyday bloggers who are making a pretty penny through donations. If you are creating quality content, give your visitors the option to reward you in this way, and you may be surprised at how much money you were leaving on the table before trying this out.

You’ve likely heard of a technique called YouTube Traffic Hijacking. In a nutshell, it’s finding YouTube videos that get a lot of views but don’t display a URL in the more information section. You contact the video owner and offer to either buy the video outright or lease the “more info” section. You then insert your own URL that leads to a product sales page.

Pretty simple, right? This is a viable, workable business model, but there are three catches. First, you have to FIND these videos. The videos you seek are getting hundreds of views a day and have an accumulated number of views in the six figure range, just to be sure they’ve got what it takes to continue to get more views. And they can’t already have a URL listed for more info.

Next, these can’t be just ANY videos that meet the above criteria. For example, that video of cute kittens climbing the screen door isn’t going to sell your traffic product. Maybe you can find an affiliate product that teaches how to get kittens to not tear up the screen door, but even if you do, how many sales do you think that will result in?

Bottom line, the video’s subject needs to have a STRONG correlation to the affiliate product or you won’t be making enough sales to make this venture pay.

Third, you have to talk the video owner into agreeing to sell you the video or into leasing you the “more info” space. If you get them to sell you the video, you’ve then got to talk them into keeping it on their channel (you move it, you lose the momentum of the views and have to start over from scratch.) If you rent the “more info” space, how long will it be before they catch on that all they have to do is get their own affiliate link, tell you to go take a hike and start earning their own commissions?

See, it’s not as easy as some would have you believe. Now, there is software you can purchase that helps you to find these videos, but you still have the other problems we mentioned.

There is of course another solution: Make your own YouTube videos.

Why not? Anyone can do it, you don’t need to be a master videographer, and when you make the video you OWN IT from day one. No begging someone else for their video.

And when you make your own videos, you can have your URL in place from the moment you put your video online.

So how do you get more views to your YouTube videos? While there are no guaranteed methods, tomorrow I’ll share an article with you that can greatly increase your odds of creating videos that garner hundreds of views a day. Stay tuned! 😀