by Blaine on August 28, 2010
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Why Your Blog Doesn't Make Money
It’s interesting really, that I came across this article on copy blogger today, I have just launched GoodByeSuitandTie.com which helps people make money with a blog. Taylor Lindstrom of copyblogger writes how your blog doesn’t actually make money, and I know that to be true.
Granted, I make some consistent money from blogs but by all means they are not the majority of my online income. My biggest amount of income streams from products and my email lists. In my free course over at GoodByeSuitandTie.com I help you set up a blog to use as your “homebase” and really get traffic flowing through that, although we then try to turn all the viewers into email list leads, which in turn will build you a long term sustainable income with your email list.
Check out Taylor’s article, its an incredibly interesting read on how to make money and why it doesnt come from your blog.
Why Your Blog Doesnt Make money | Copyblogger.com
by Blaine on April 21, 2010
The 80/20 principal says that everything in life is an 80/20 split if not more drastic. Sometimes called Perato’s Law could be best described as:
The Pareto principle (also known as the 80-20 rule,[1] the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes.[2][3] Business management thinker Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population; he developed the principle by observing that 20% of the pea pods in his garden contained 80% of the peas.[3] It is a common rule of thumb in business; e.g., “80% of your sales come from 20% of your clients.”
…thank you wikipedia.
Anyways, this is really important when doing a product launch. More than likely you will have some great affiliates, and some super affiliates (you know, the big guys who sell the pants off everyone else), and you want to treat them right. I mean, if you plan to make at least 6 figures I would expect you would give away some great prizes for your hard working people that bring in a bunch of customers. [click to continue…]
