The New Rich Blog

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…

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!

Month ago I was on a very nice trip in India. While I was wandering around the market in Rishikesh, I suddenly saw an old guy, sitting in front of a table, almost falling asleep while no one noticing him.  On the table there were lots and lots of old coins. I said to myself “what the heck, let’s buy some”.

The first step to take when starting an eBay business, is to sell junk and old stuff you don’t need. So I put 2 coins on eBay auction, with a starting price of $0.99.

I almost forgot about it and after a week I got a happy happy emails from eBay - “Your eBay item sold!”. Well… I sold one coin for $31 and the other for $50… With the investment of 70 Rupees - about $1.5…

I think I know where I will go this friday - the flea market…

So what am I actually doing? How do I plan to earn money?
Well, I am focusing (not really a focus, you can say) on 4 different streams of income:

1. Affiliate Marketing - for those of you who don’t know what it is: “Affiliate marketing is a method of promoting web businesses (merchants/advertisers) in which an affiliate (publisher) is rewarded for every visitor, subscriber, customer, and/or sale provided through his/her efforts” - Google Definitions
   Right now I am doing a course in affiliate marketing and Adwords, while experiencing this amazing field.
2. Adsense - The idea is simple. You find out a niche, create a simple website with unique content, throw some Adsense on the page and wait for people to come to your site and click the ads. In reality it is not that simple. You need to make a lot of effort in SEO and with Google’s non-stop algorithem changes it is like tying to do magic tricks for blind people… But it is possible. And i’m trying to see how.
3. Ebay - The whole world is a market place. You need to find the right product in the right price and automate-it-up. There are a lot of people who are making great income from Ebay.
4. Ideas Ideas Ideas - I have a couple of ideas for unique websites. How will they come to life? I don’t know. I guess I need to find some partners and some free time.

And between all this, I am doing some freelance jobs to have a little bit of steady income…

I am going to have some food to stomach and food for the soul. I think I will call it a day.

Good Night!

The New Rich