The New Rich Blog

After waking up, ironing my outfit and getting ready, I got on the subway and headed out to the Hilton hotel where the Affiliate Summit is taking place. Just as I arrived I already met some friends I know which was very nice.
After just a few minutes I rushed to the first session about Microniches, by Dush Ramachandran from Clickbank. It turned out that the session was pretty much for newbies… But still it did strengthen some things.
When the session was over, I went to the meet market, this is where I kind of lost myself… So many people, so many offers and so crowded. I was looking mostly to meet people quietly, but it was very difficult there. So I hanged around, talked with some affiliate managers and other people with tables. I got:

• T-Shirt from BlinkAds
• Beer holder from AcmePeopleSearch (very cool)
• Star shaped t-shirt from Shareasale
• Led lamp from PPCBully

The Meet Market

This is cool but of course, my main goals here are not to collect memorbolia…
Then I went to the second session for that day about viral campaigns, by Larry Bailin. The session wasn’t mindblowing, but rather it was really amusing - the guy is funny. He showed this video.

The third session I went for was the SEO site clinic. I also do some SEO, but I found that session pretty useless for me. So I went outside to grab a sandwitch, and what I found out that while I was at the summit, outside was a whole different party - some kind of a latin-american parade at the Fifth Avenue… Is this a crazy world or what? (yes it is).

The Latin-American Parade

When I went back to the Summit, I met some friends I know, we sat togather around the table and discussed interested things. This is where I really started to feel good, this is the place where the real value is - the small talks with interesting people. So we gave each other some advices and they gave me tips about my new product.
Then I went to the lobby of the hotel, got myself a beer (with my new beer-holder, yha) and had a chat with some more interesting people.

Now I sit in my friend’s apartment and soon we will head out to the Shareasale party, held at the Empire hotel roof!

Just to be clear for myself (and for you), I think it is good to write down my goals for the Affiliate Summit:

• Get inspiration, ideas and practical information that will help me to create new campaigns.
• Recruit affiliates or at least get the word out about my new product.
• Find out a winning offer for a new niche I started working on.
• Discover new information and ideas for a new a service for affiliates I started developing.
• Meet people and make friends from all over the world (not just Israelis)

Today was just the warm-up for me, tomorrow i’m sure it will be more interesting, more fun and of course, a lot more networking with great people!

Have a nice day
The New Rich

It is the time for the monthly report!

So June was a great month, unfortunately not so great in terms of cashflow. I tried a new campaign that didn’t do so well, I didn’t lose but the profit was very small. Besides that, good stuff happened in June.

The highlights of the month:

• I have been to the Affilicon Israel 2009 convention, which was really great. I have learned a lot but most important I met a lot of amazing people.
• I got a great great idea. This is basically a service for affiliates in the area of landing pages. I am currently in the development process, you will hear about it soon…
• I am creating my own ebook and soon I will be a vendor.
• I bought a ticket to Affiliate Summit East 2009 and I am going to USA in a month!
• I got engaged and going to marry the most beautiful girl in the world!

Okay and now for the revenue report:

Expenses:

Adwords

This is total of $1,364 in adwords.

Yahoo adCenter

This is total of $85 in Yahoo adCenter.

Total expenses: $1,449

Income:

Clickbank: $1,400
WeSell: $22
Adsense: $34
Total income: $1,456

Profit: $7

Yep, 7 bucks…

Next month I hope I will add a couple of couple of zeroes to that number…

Life doesn’t have to be so damn hard. It really doesn’t. Most people, have spent too much time convincing
themselves that life has to be hard, working 9-5 in the office in exchange for (sometimes) relaxing weekends and the occasional keep-it-short-or-get-fired vacation.
People don’t want to be millionaires - they want to experience what they believe only millions can buy.
The fantasy is not $1,000,000. The fantasy is the lifestyle of complete freedom it supposedly allows.

The New Rich is sub-culture of people. People who freed themselfs from the limits of time and mobility. Those people can choose where they want to be in the world and what they want to do. They don’t have to be rich with cash! Because the currency of The New Rich is time and mobility.

And this is where I see myself. I am already on my path to create the lifestyle I desire. Right now, I can be anywhere and you won’t even know, I can be on the beach in Hawaii, I can be drinking coffee at Starbucks in Manhattan or traveling to a distant village in India. Hail to the cellular internet!

My final goal in this path is having passive income that will give me all the time, mobility and freedom I need. I want to travel the world all my life. I want to see places, meet people, do stuff and of course, help others and contribute back to the world.
Of course I aim high, but if this passive income will be $2000 a month and this will give me the freedom I want, it will be enough for me!

I invite you all to join The New Rich

By the way, the concept of The New Rich is borrowed from the book The 4-Hour Work Week by Timothy Ferriss, really great book.

May was a very interesting month for me.
On one hand, most of the month I was a Medieval Mercenary Warrior. On the other, my real first passive income has begun this month. Another great thing is that the ideas’ fairy has came to visit me.

For the past 7 month I tried different Affiliate Marketing Strategies, constantly trying to find these great niches, those products, these campaigns that bring me the juice. I tried a lot of products, mainly from Clickbank but also some from Copeac, and finally I have found one product that is giving me constant passive income!
So here it is… Give him a big round of applause!

Clickbank

This is total income of $778 from Clickbank. Here is the new graph from Adwords (I love this new graphs):

Adwords

This is total expense of $421.
Which means $357 profit in 2 weeks from one product. This is great start!

So this month I went on a short vacation in Italy, and the money was still working for me. Every now and then I found an internet cafe, checked that everything is okay and went back to drink great wine, eat great food and travel in beautiful sceneries.

Italy

This is how I like living!

In addition to that, I have small website I’m promoting naturally (SEO), a website that compares leads in a specific niche. This week I got to the first page in Google with my main keyword and little income is flowing from that direction too, yha!

What is going to happen in June

First thing, I’m planning to finish my commitments and stop being a Medieval Mercenary Warrior!
The other very important thing I’m starting to do is taking into action a nice idea I have, which is a unique service for all affiliates and marketers. You will hear about it soon…
More than that, and if I’ll have time, I would like to create my own product for Clickbank. I think it is very wise to create your own product. When you have a successful campaign for a specific product, especially ebook, write the same ebook (different content but same idea) by yourself (or hire writers for that) and just switch the product you are promoting with your own. Then start recruiting other affiliates for you and walla! You are on a great way!

That all, I need to go and get ready for Affilicon 2009!
See ya around!

I don’t want to be rich. Well… This is not precise, I guess all of us want to be rich, but this is definitely not my goal. I don’t want a huge house and fancy cars, I don’t want luxurious furniture and a pool.
All I want is FREEDOM.

My first step towards this freedom is earning at least $100 per day until the end of March 2009. This is not too much to ask! I believe I will do it!

How will I do it? Affiliate marketing big time. I have decided to focus only on affiliate marketing for now. No Ebay, no Adsense, no email marketing, only affiliate marketing through Adwords.

Maybe others will say it is narrow, but believe me, you can work all day, all week - only in affiliate marketing through Adwords. Of course my duty is to report my progress to you!