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 November 11, 2011, 6:00 am

Epic Shiz For Mid-November

by: MD    Category: Financial Rambling

The epic shiz for today is The Truth About Abs & How to Make One Million Profit Per Month With Digital Products @ The 4-Hour Workweek blog.

What’s so epic about this piece?

Well I have a biased towards this piece for two reasons: I love the work of Tim Ferriss and I want to create digital products (remember that product launch story?). This story is very inspirational (aren’t all success stories) and it’s worth reading in pieces. I’m going to read the other half of this colossal article in about a week or so.

What did I learn?

To be honest, you can only learn so much from the blog post. If you really want to match the success of the author you need to check out his site and see what he’s doing. You need to see what those dominant in the industry are doing. This beats any theory that you can find out there.

What’s the highlight of this epic shiz?

The most epic part IMO is this:

“In the very beginning, I had this foolish idea in my head that this flood of people would automatically rush to my website, buy my product, and I’d be a millionaire within months. Reality struck when I had a whopping 5 visitors to my site in the first month. “

I loved this because ALL of us have gone through this stage. We pump out awesome content and nobody cares. What gives? You need to drive traffic to your website.

The reality of this epic piece is…

The author had to work his ass off! We’re all delusional about passive income and want to skip the whole “work hard” phase. This line summarizes his Geary’s ambition:

“When I set these goals back in 2004, I was basically working three jobs. I worked an engineering consulting job from 9-5 at an office. I also worked 15-20 extra hours per week as a personal trainer at a local gym, and I was attempting to build my online fitness business.”

There you have it. Another “how-to” guide for all of us that want to be full-time internet entrepreneurs. What are you going to do with this information? I’m still in the game my friend and I plan on making an impact. Maybe not today and maybe not tomorrow. Soon.

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 November 4, 2011, 6:00 am

Epic Shiz of The Week

by: MD    Category: Financial Rambling

The most epic article from the last little while is If You’re Not Doing This, You’re Leaving Money on The Table over at The Middle Finger Project.

What’s so epic about this article?

Long story short is that the author tells us that by not offering a complementary product or an upsell to our current offering we’re leaving money on the table. That’s all that needs to be said.

What’s my favorite part?

I love this line when the author promotes the idea of the upsell:

I want you to kick ass in 2012, and upsells are something you need to know about. And not only do you need to know about them, but you need to know how to implement them.

I’m pretty hooked on this blog after this post.

What do you guys think?

What do you think about upsells? How do you feel about selling stuff? I’ve always debated the idea of selling something. I finally went ahead with it and you know how that worked. What do you think about selling stuff and the upsell?

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 October 28, 2011, 6:00 am

Epic Shiz of The Week

by: MD    Category: Financial Rambling

What’s the epic article of the week?  Side Hustle Series: I’m a Phone Sex Operator @ Budgets Are Sexy.

What’s so epic about this article?

I love the Side Hustle Series that J Money has going on his blog. This one caught my attention because it’s a gig that’s often talked about, but we rarely know anything about it. This is an inside look at the life of a Phone Sex Operator. There’s lots of juicy details in here that I bet you didn’t know about.

We never think of the details involved in being a PSO likely because we never think of the job. This inside look will change the way you view this industry.

The gem of this article.

My favorite part of this article happens to be:

You need 4 main skills to be successful as a PSO: listening, organizational, imaginative, and improvisational. You have to listen very carefully to your clients in order to follow their lead. For example, if he says that he loves pulling your “black” hair, you have to remember not to mention your “red” hair if you are a redhead.

You need to pay attention, no matter what your business is. Give the article a read. You might be on to a new side hustle.

Did you write anything epic this week?

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 October 21, 2011, 6:00 am

Epic Shiz of The Week

by: MD    Category: Financial Rambling

The epic shiz of the week for today is Pat FAIL – My Past Business Ideas That Didn’t Work Out So Well @ Smart Passive Income.

What’s so epic about this article?

When I took my entrepreneurship course in college we often discussed the idea of the adversity quotient and the idea that of bouncing back from failures. I was always enamored with the idea of how an entrepreneur can be so resilient and deal with so many failures.

We all know by now about how Michael Jordan didn’t make his school basketball team in elementary school or how the guy behind FedEx (Fred Smith) received a C for his paper on the idea of overnight delivery because his professor thought it wasn’t feasible.

It’s always inspirational to hear about how someone is able to fail repeatedly and still bounce back to reach higher levels of success. Giving up is easy. Trying over and over again is challenge. It’s also very scary.

The gem of this article?

My favorite part of this article comes near the ending when Pat writes:

I hope this encourages you as you work on your own businesses and helps you realize that you just have to keep trying. If something doesn’t work out, that doesn’t mean you’re not destined to succeed, especially if it’s your first go at it.

Pat is a pretty humble dude and it’s cool to hear about what hasn’t worked for him just as it’s cool to see what does work. For most of us reading this, chances are that Pat earns more in a month than we do in a year off the internet.

I would like to hear how you guys have bounced back from failures in the past? How do you handle failure?

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 October 14, 2011, 7:00 am

Epic Shiz of The Week

by: MD    Category: Financial Rambling

Time for part two of epic shiz of the week.

Who’s the lucky winner this week?

Do You Need to be Super Smart to be Rich and Wealthy? @ The Extra Money Blog.

What’s so epic about this article?

Do you hate it when a friend feels bad because they don’t think that they’re smart enough to make money? I do. We all have the ability to make money. You don’t have to be a genius, a graduate from a top ten school, or come from a wealthy family. We can all reach our goals with a little hustle.

Sunil shares some personal stories to go into the whole topic of becoming rich without being what is considered “smart.”

My favorite line in this piece is in the concluding thoughts section…

“Not every successful business has to be a new idea or invention. In fact, the best chance for success is to take a proven model and replicate it.”

What did Mike have to say about this?

I once was in that race to get the highest position possible. When I started at my bank, I wanted to become a VP before I’m hitting 35. I thought that the corporate ladder was the only path for financial freedom and becoming rich.

Then, after a few years I’ve stopped climbing the ladder and started thinking smarter: why would I have to work 50-60 hours for the next 10-15 years to make a lot of money? Then, I asked myself what would I do with all that money now that I wouldn’t recognize my wife or my children? What’s the point of being rich when you didn’t have enough time to build solid relationship around you?

This is when I decided to work 4 days a week at a day job that I like (after doing my MBA, employer let me worked 30 hours a week ;-) ). And I am now concentrating 1 full day on my blogging empire.

I have been doing this for the past 2 years and I can tell that it had a tremendous change in life. I’m more healthy as I have time to go to the gym, I coach my 6 yr old son at soccer and I have plenty of time to go out with my wife. On top of that, I’m making more money now than I was 2 years ago when I was working 50 hours a week!

here’s my moto: don’t work harder, work smarter!

What do I have to say about this piece?

Hey, I wouldn’t post it if I didn’t like it. I personally always love the reminder that you really don’t have to be “intelligent” or “highly-educated” to make a living or to take care of yourself in this world. What’s holding you back? The only thing holding you back is usually you!

What do you have to say about this? You tell us…

Oh and don’t forget to send your epic shiz to thefinancialblogger @ this domain.

 

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