The One Year Millionaire

If you’ve kept up with all the issues of the One Year Millionaire you will notice that I tend to talk about all the positive things about Internet Marketing and Making Money Online; as well as all the limitless possibility, but what I am going to talk about today will be at the opposite of the spectrum.

Just like anything else in life there is a good side and a bad side. If you’ve learned about philoshophy and psychology you may know that the world is based primarily on balance. In a simplistic example with two elements, any shift in balance will upset the natural order of things. This is why there always has to be a perfect balance between good and bad, up and down, right and wrong. If you eradicate all evil in the world, then a stronger evil will come along and replace it.

In my eyes Internet Marketing made a very positive impact on my career and my life, but that doesn’t mean that it is all flowers and sunshine! I’ve already stressed that it isn’t for everyone, but those who want something badly enough will definitely succeed in this business. Even though there are many great things within the scope of Internet Marketing and Online Businesses, there will always be some negative factors that will force some people to doubt their choices.

Here are a few negative things to keep in mind:

• 1. Difficulty
  Making money on the Internet is definitely not a walk in the park and this alone will drive possible Internet Marketers back to the reality of their day jobs. I have seen so many come and go in this business because they lacked either the commitment, time or investment to make it Big Online! While many money making structures have been time tested, it doesn’t mean that it is an automatic homerun. For example, positioning your AdSense ads a certain way has proved to help CTR (click through rate) and has made some people a lot of money, but it doesn’t necessarily mean it will work for you. Furthermore, making money online will vary from situation to situation and a small difference (such as niche, traffic, location, language, etc.) could have a huge affect on potential profits. The Internet Marketing game is a tough one to master, but once you get the hang of it you will do well!
• 2. Investment
  When I talk about Investment I am not necessarily talking about money. You could invest time and effort into Online Marketing and find that you’ve lost a lot more time than you did money, and I know that sometimes losing a lot of time can be a lot worse than losing a lot of money. To succeed in this industry you obviously will need to spend a lot of time; especially in the beginning to get things rolling. The good part is that once you get it rolling it usually keeps rolling and won’t stop for a while! If you are willing to invest a lot of hours to start your Internet Marketing career then you are headed on the right path, all you need to do now is take the right information and put it to work!
• 3. Competition
  When it comes to building websites for the sole purpose of monetizing them then it becomes tremendously difficult in certain niches/industries. This is because there is a lot of competition with publishers and advertisers alike. For example, if you are paying 20 cents per click to your website and someone else bids 30 cents then they will get more views than you. Eventually competition will heat up and the bid wars will bring the clicks to a price that not many can afford. Fighting for clicks or search engine placement is tough, but if you can find ways around it then you will be ahead of the pack. Just keep in mind that websites that have been online for a long time already will have a big advantage with the SERPS (search engine result page) and you will need to work on SEO (search engine optimization) to try and take the lead. If you manage to make money in a niche with a lot of competition then you are doing great!
• 4. Stability/Uncertainty
  One of the main reasons that a lot of people will never go into Internet Marketing or they will give up early is because of the uncertainty that comes along with it. You may be able to quickly generate a good income from a website or many websites, but can you really fore-see the future? Life is always throwing surprises at you and it is very possible that one day you are making hundreds of dollars with your website and the next you may not ( ex. banned from google, loss of interest, etc). One way that a lot of Internet Marketers will beat this is by always staying up to date with the latest internet trends as well as current events. Knowing what is happening in the world around you will always give you the upper hand and give you time to plan your moves. If you find big news and you are the first to cover it then you can become an authority figure on whatever you are talking about. Either way; in life there are many uncertainties and there is really no way of knowing what you will face tomorrow or the day after. Don’t be afraid to take risks and follow what your instincts!

Now that you’ve heard about the downsides of Internet Marketing you have to decide whether this is the life for you, or whether you should do something else. If you are in it for the long hall then make sure that you are prepared for the unexpected and make the most out of your experience. There is so much money to be made online and if you read oneyearmillionaire.net you can tap into it!

Hello, I hope everyone had a great labor day weekend. I am currently working on some different ways to get ONEYEARMILLIONAIRE.NET out there and I am also going to increase the frequency of posts.

Starting today I am going to post a monthly recap of all the articles that I’ve written for the One Year Millionaire. This will make it a lot easier for people to find something they are looking for, it will give people a chance to read articles that they may have missed and it is also beneficial for Search Engine Optimization.

Here is the One Year Millionaire’s August 2008 Recap:

• Issue 86 : You Won’t Make Money Online Unless You Believe In Yourself!
  Believing in yourself is one important factor when it comes to business and even life in general. If you don’t believe in yourself then you will have trouble Making Money Online.
• Issue 87 : Thinking Like a Millionaire is A Self Fulfilling Prophecy!
  This issue digs into the topic of the Millionaire Mindset once again and teaches the lesson that if you think like a Millionaire then you are more likely to become one!
• Issue 88 : Taking Advantage of Free Stuff Online!
  One great thing about the internet is that you can easily find free stuff! There are so many sites that offer valuable items for free and you can save a lot of money by taking advantage of this fact.
• Issue 89 : Becoming a Millionaire The Hard Way!
  This is essentially a list of ten steps that you should take in order to Become a Millionaire Online. You will find that after each of these goals are accomplished, reaching a Million Dollars will seem more possible than ever before!
• Issue 90 : Make Money Online With Surveys!
  In this issue I review the idea of Making Money Online with Surveys and I list a couple great places to get started! If you are not sure about spending money to buy into a Paid Survey Program, then there are a couple Survey sites that are free to join to start.
• Issue 91 : 5 Fantastic Ways to Boost Your Alexa Rank!
  If you are looking for ways to Increase your Alexa Rank then don’t look any further because this article gives 5 fantastic ways that will make your numbers increase almost instantly!
• Issue 92 : 5 Fantastic Ways to Increase Your Technorati Authority!
  I’ve already written a couple of posts about the importance of Technorati when it comes to blogging and making money in the blogosphere. This issue focuses on how you can Increase your Technorati Rank!
• Issue 93 : 8 Great Internet Marketing Forums!
  If you want to meet like-minded individuals that are as passionate as you are when it comes to Making Money Online or Web Development then here are 8 Greats Internet Marketing Forums that you should check out!

Feel free to leave comments or questions anytime, I love to interact with my readers and I am always trying to make myself available to them. If you are looking to get your feet wet in Internet Marketing then this is a great place to start!

In the last issue of the ‘One Year Millionaire‘ I spoke about Alexa Rank.. what is it good for and gave you “5 Great Ways to Increase Your Alexa Rank“. Today I am going to talk similarly about Technorati Authority.

Technorati is a powerhouse on the internet. It is almost like a blog ranking system that shows you how your blog measures up to the competition! In previous issues I have already talked about “The Importance of Technorati” and “Technorati Tags“, but today I will talk about what you can do to increase your rank, so let’s take a look:

1. Comment on Other Blog Posts.
   Leaving comments on other blogs is by far the easiest way to make your Technorati Rank sky rocket! It is easy to post useful comments that are relevant to other blogs without spamming and it is a great way to make your Technorati Numbers soar!
2. Guest Posting on Other Blogs.
   A good solid way to get a relevant Backlink that will be counted towards your Technorati Rank is to guest post on another blog that uses Technorati. Put a link back to your homepage in the author credits and you will have your rank go up. The hard thing about this is that you don’t want to write hundreds of Guest Posts just to build your Technorati Rank; it is a lot of work for just a little progress… but it is a good way to start!
3. Ask Others to Add Your Blog to Their Favorites.
   This may seem like a waste of time but I noticed that if you ask others to Add your blog to their Technorati Favorites than in turn they may also link to you. Also when your favorite number goes up.. other people browsing Technorati will likely see your blog and may link to its content!
4. Link all your Other Blogs to This One.
   For some reason this seems almost like a shady tactic, but I looked around and pretty much everyone does it, so there is no harm in joining the rest of the world. If you have a lot of other blogs, then you can put a small text link on the homepage linking back to the blog that you want to rank better on Technorati. When it comes down to thousands and thousands of Backlinks it won’t make much of a difference, but if you are just starting to build your Technorati Authority then you will notice how much of a difference 5-10 links can make on your number!
5. Link Baiting!
   This is the old fashioned way of building your Technorati Rank. This is the fact that if you post something that other Bloggers will link to then you are sure that your Technorati Rank will go up along with it. Remember that creating good well written and informative content will always be your best weapon when it comes to link building.

These are just some of the best ways that you can increase your Technorati Rank. Always try to keep in mind that whether it is Alexa, Technorati, or whatever else, you have to decide for yourself if it is important enough for you to spend time on. If you have personal goals or financial goals to reach.. you should know the difference before you set out to reach them and be prepared for obstacles and surprises! Good luck building your Technorati Authority!

Hey everyone.. I hope you are all having a great weekend! I just wanted to write a quick post to let everyone know about a couple changes that I am making to the site. I am always happy to see that rankings and traffic go up steadily each day and I am glad to see all the support I am getting from everyone. I appreciate all the Comments, the E-Mails, the Backlinks and everything else that we’ve been getting.

Regarding Ads on ONEYEARMILLIONAIRE.NET Today you may have noticed that on the right sidebar there are four 125 X 125 ad units that are available. I am giving a chance for my readers or anyone else to advertise on ONEYEARMILLIONAIRE.NET for as low as $0.50 per day! The bidding can make it go higher so be the first to grab a nice spot! This is a great price and if you are in the Internet Marketing Niche or Make Money Online Niche then you are guaranteed extremely targeted traffic! The fact is that if you were to use Google Adwords to promote your site you would be paying close to $1.50 per click to your site! These ad units are courtesy of Project Wonderful and you should check them out if you want to place ad units on your own website or blog.

I am also going to be making Text Links available on my homepage for $15/month. So for those of you looking to advertise on the One Year Millionaire then this is a great opportunity for you. One thing you must understand is that I will be putting the attribute on these links and they are purely for promotional purposes.  Leave me a comment or send me an E-Mail.
Finally I want to let you guys know that if you would like me to write a review of your website/blog/service/etc. then just let me know by E-Mail so we can work something out. You can buy a solid 400-500 word review for $30 or we can negociate for something bigger!

Regarding Content on ONEYEARMILLIONAIRE.NET I’ve received a lot of E-Mails congradulating me for the success of the site so far and I am happy to see that my readers are happy. My aim here on the site is to give you all the information that I believe you will need to succeed in Internet Marketing. Sometimes I feel that the biggest thing that people need to start making money online is a push! Many of the articles I’ve written lately have been done to try and motivate you to get started and take initiative in this business. If you truly want to become a millionaire then you will have to work for it!

On a final note, I am sorry for the delay of the Free E-Book for my RSS Subscribers. I am just putting some final touches on it and making sure that it is perfect for you guys, so just be a little patient.

If you have any questions dealing with anything I’ve written about on the blog then don’t hesitate to comment on a post or e-mail me because the reason I started this blog was to help others get their feet wet doing this. Internet Marketing can lead to a glorious lifestyle and I wouldn’t let it pass me by. Thanks for all the love guys.

-KG

Have you ever heard of the term “ Self Fulfilling Prophecy “? It was an old term coined by Sociologist Robert K. Merton. It is basically a prediction that may directly or indirectly cause itself to become valid.

“The self-fulfilling prophecy is, in the beginning, a false definition of the situation evoking a new behaviour which makes the original false conception come ‘true’. This specious validity of the self-fulfilling prophecy perpetuates a reign of error. For the prophet will cite the actual course of events as proof that he was right from the very beginning.”

In this case, our original false conception is that it is near impossible for an average person with little knowledge of business to become a millionaire. If you say to yourself ” I don’t think I can become a Millionaire… “ then there is a high chance that you will not. Not only is the law of the Self Fulfilling Prophecy standing in front of you, but also your weak ambition. Success and Failure is a game of “ifs” and “buts”, nothing is certain and all you can try to do is increase your odds at winning. If you don’t believe in yourself, then you are already predicting your failure. Turn the tables around now. ” I believe that becoming a millionaire is within my reach! “. You may not just suddenly “Become a Millionaire”, but you will gradually see improvements in your work, your attitude and your life.

Go ahead and apply this theory to Internet Marketing. 9/10 Internet Marketers fail (or give up) because they either don’t have the time to put in work, they don’t know what they are doing, or they don’t truly believe that they can make it!

I have already stated several times that there are tons of ways to Make Money Online. There is Ad Publishing, Freelancing, Selling Products, Selling Services, and Affiliate Marketing. These are all extremely broad topics which cover many different Money Making Opportunities! Before you tell yourself that “Affiliate Marketing” isn’t for you, give it a shot! Most Affiliate Marketing programs have no startup costs so there is nothing to lose! When I started Internet Marketing I focused on one Business Model: “Make Money with Google AdSense” and I didn’t really make any serious cash. Once I started to diversify my work… the money started coming in!

In a work field where success depends completely on you and your own production: sky is the limit! If you work a boring 9 to 5 job at $12/hour then you can calculate how much money you can make on any given work week provided that your schedule is constant. When you step into a world of business like “Internet Marketing”, all your boundaries disappear and it is up to you to make it happen. The best thing about it is that there is no salary cap for your work!

If you want to be an Online Millionaire, you have to think like an Online Millionaire! In the end it could just be your Self Fulfilling Prophecy.