Categories
Making Money Online Online Business Passive Income

Passive Income and Travelling

I had actually had doubts about whether having my own passive income business would ruin travelling for me. I have a full-time writer and a number of my sites have suddenly decided to rank just before we left home so I decided to buy a 10″ emachine netbook and keep an eye on rankings and progress while on the road.

I was worried about the practicalities though. I know quite a number of people who do this successfully – for example Kirsty from Nerdy Nomad, Matt from NomadicMatt, and Dave from GoBackpacking – but they all have a common characteristic – they are all single and travelling solo.

This picture is a fake! Its really me, and its really Ko Lipe, Thailand - but there is no way I could use the screen in the glare!

I’m not single – I have a partner, who having just done 10 months of contracting was definitely in holiday mode. So how is it working out – do I resent that I get up early to login while he sleeps on, that I hide out in the aircon room while he scouts out the local town? In a word – no – its working quite well. Just as I’d read that people with kids are more efficient online when they can’t be online 24/7 – I think I’ve become more efficient too. We are travelling more flashpacking style than cheapo backpackers so my need for WIFI seems to match his strong preference for aircon.

The main difference though is that I’ve lost that dreadful “tick-tok” of the count down to go back to work – the feeling that you have just used all your vacation time for the next 2 year, 8 months and 25 days. More I am thinking along the lines of – we could afford to come here for each November and still have change from what we spend at home…

Some tricks for being connected to your business on the road:
Nebooks are the go – the smartphone has proven useless really – but the netbook is easy to connect and much easier to use. Although I think its now impossible to buy a netbook that isn’t auto-sensing for voltage – you will need a plug adapter. I found finding a single plug adapter rather than one for Europe, one for the UK, one for Asia etc quite hard (but your mileage may vary) – finally getting one in duty free on the way out. My little 10″ only has a battery life of 3 hours – ideally I’d want something with twice that and a non-glossy screen (really doesn’t work well anywhere you can see the sea – the glare makes the screen unusable).

Warn banks and paypal that you will logging in from strange IP addresses. In the process of booking this trip I had several calls from credit card providers checking out if I had really been booking flights online to and from countries I didn’t live in. That got me thinking and emailed paypal – saying I was going to be travelling and please don’t freeze my account. They said it may still freeze with their automatic systems – but the would file my email and unfreeze the account if required.

I think this makes it obvious why roll-along luggage is a BAD idea!

Remember you may loose the netbook – it may get stolen, more likely it may go swimming on a speed boat transfer or be bounced from the roof of a tuk-tuk. Losing the netbook would be inconvenient – loosing my work, my passwords, my photos is what would be the really tragedy. I am using SugarSync to backup my files and I am using the portable version of RoboForm on a USB stick for my passwords – so that if I do need to use another computer I have those as well. (They also have an online copy for customers which is a second line of defence).

Categories
Making Money Online Online Business Passive Income Plan Review

Passive Income: 2010 In Review and The Two Day Work Week

Yeah I know – there are nearly 2 months left until the end of the year – but  I am about to hit the road for a spot of independent travel so I will probably have more important things to do than to consider my business position – like spending the loot! Yeah I now make $1,110,223.21 a month in my sleep – and could too – if you would just sign up …

Anyway about a year ago I had some passive income goals for 2010. By the end of March I reported an income of :

Total income of around US$3000/month – of which about 1/3 is passive;;

In the last 6 months (May – October) I earned an average of US$3500, the 6 months before that $3200, and the 6 months prior to that US$2156. My all time record was last month, October, where I was just $8  short of US$4000.  The individual months bounce around but the general trend is definitely in the right direction. Still short of my US$5000/month goal – but not so far off as to be depressing.

But the really exciting bit is that in the last 6 months I have never had less than 40% of my income from passive sources (Adsense and affiliates) – the percentage jumped to 60% in October.

I’ve taken to looking at a rolling 3-month and 6-month average to predict my income and tax liabilities – it seems a much better indicator than just looking at my monthly income.

But there is downside. I don’t live in the US – I can’t spend $US – I have to convert them into NZ$ – and NZ dollar is now pushing 80c to the US$ – it  at around 65c at the start of the year 🙁  . I can’t do anything about my Adsense income which is direct deposited at the day’s rate into my NZ account.

I can use my PayPal account as a US$ account – but I hate leaving too much money in there – I have heard way too many stories about people having PayPal accounts frozen for no good reason and they are not a bank so there is no protection for my money there (and yes there are protections for people’s bank deposits in my country).

Internet Marketing While Traveling or a Full Time Income While Working Two Days a Week

As I mentioned we are going travelling. Now I’ve thinking  quite a bit about how I was going to manage the whole thing of working while I am travelling thing.  Lets face when faced with a warm beach and cheap eats and booze in Thailand – what would motivate me to be working? Well yesterday I found that motivation.

Every week or so I run Market Samurai to update the rankings on my sites.  I also keep an eye on Google Analytics to see what keywords people are using to find my sites.  I haven’t put a new site up since April – but I wasn’t getting anywhere ranking most of the sites either.   At the start of November I spent half a day finding the sites which were anywhere in the top 100 with a focus on the sites which were showing me nice cost per a clicks or where  I was getting traffic but wasn’t in the top three yet.

In October I made record figures (for me) with both Adsense and eBay. Yesterday I ran the same sites – I saw green (meaning rankings had improved) almost everywhere.  Now whether the links I build with Postrunner or the more recent  links I’ve built with Build My Rank I didn’t really care. The result was I was seeing an awful lot of “nearly there” sites rankings on the 3rd and 4th pages. I couldn’t just assume that the keywords I thought would work – would be OK for over two months. I needed to be more in touch. I needed to be able to run Market Samurai while traveling.

I thought about it for an hour or so. I did a happy dance,  and then went out an bought a netbook To be exact an eMachine EME2501915 10.1, 1.60GHz Intel Atom N270, 1GB Ram, 160GB Hard Drive, Windows XP Home (Actually mine has this year’s processor which is slightly faster – but it was as close I could find for my American readers – NZers – head down to Bond&Bond or Noel Lemmings NZ$398)

eMachine EM350 1.66GHz N450/1GB/160GB/Windows XP

(For size comparison purposes its sitting on top of my HP ProBook 4510s – lovely laptop but way to large and heavy to travel with.)

Seeing all those  nearly there keywords meant I suddenly was motivated to factor in working a couple of days a week when on the road. Well that’s the plan – how its actually going to work in practice when travelling with a guy who is definitely in holiday mode because his J.O.B finishes on Friday – not sure, I’ll get back to you on that.

I hadn’t meant to post this today – some other keyword is higher on my priority list – but I found myself, having just reviewed last year’s tax returns from my accountant – sitting there with a big smile on my face. I had just redone my projections for this year – I was in the money – I was going to owe the government so much tax that I’d have to pay provisional tax too – YEAH!

I see people on the Keyword Academy forums asking when? When will I make money? How long will it take? The answer is – it depends – and really you do need to just plain do the work for 6 – 12 months.  Then as you start to see the results (and remember making your first affiliate sale or hitting your $100/month Adsense payout amount is absolutely the most difficult part of this whole business).

Carpe Diem

Seize the day for the non-classicists. If you have been thinking about signing up for Build My Rank cause I am not the only person reporting great results from it – you may click thru on this link an then be disappointed to notice that its closed for new sign ups, but you can sign up for the wait-list.  The owners seem to be making a genuine effort to keep the quality of the network high my not  having too many posts get posted to each site a day. They will reopen again – but whether the price has gone up then (and frankly it should – they could easily be charging at $129 or $149 or limiting the number of domains you can link to) – I don’t know. Sometimes its just not a good idea to hesitate too long – I have a policy of buying fast and canceling/getting a refund fast if it doesn’t work out.

Categories
Article Marketing Back Links Paid Tools Product Reviews Search Engines Tools

Build My Rank and Backlinking Profiles

Build My Rank really has been a business changer for me.  Well not by itself obviously – in fact if you don’t have a plan to start of with then – you don’t need this post you need the Keyword Academy instead!

Back about a month ago I signed up  to BuildMyRank: review and  rankings were on my mind, then I was pretty excited about it. Well now I am ecstatic about it! Why? I’m seeing rankings jump and jump significantly and with them income. Will the rankings hold? Who knows – but meanwhile I’ll take the money thanks.

Have I a got detailed results to prove this? Nope – these were sites that I was previously supporting using Postrunner –  so maybe  I could have waited a month and seen the results jumping on the Postrunner submissions- I don’t know – frankly it takes a lot of time to document that type of detail and I don’t have duplicate sites: same niche, same age similar content etc to do  proper split testing. Instead  I swapped my writer over from writing for Postrunner to BMR and sat back to see what happened.

What I do know is that BMR plus my writer is hands-off outsourcing for me – and Postunner plus writer wasn’t. That’s worth not just about an hour a day of my time, its more than that because it means that suddenly there are about 17 sites I don’t have to think about more than once a month – I can focus on other stuff.  Important stuff like this:

Rottnest Island, Western Australia

Oh OK and growing my business as well …

A few days ago several people posted about a minor PR update and a Google dance in their rankings. I knew that nothing dramatic had happened to mine as my Adsense was tracking nicely to an all time record – but on the 1st I ran all my sites for rankings again in Market Samurai – I was up, almost across the board, sometimes dramatically so, sometimes just a little. Now these are all sites which have fairly similar characteristics:

  • they are mainly niche sites – less than 30 pages indexed generally;
  • the youngest are 7 months old, most are over a year;
  • most are WordPress, some aren’t (I see no difference between html sites and blogs in the rankings);

But I also took an old site – hadn’t been updated for nearly 2 years. I wrote a new page focused on a new keyword – used Impact Page Builder to optimize the on-page SEO – posted 10 back links to the new page from BMR over a week – its now ranking in the 20s for a moderately competitive term.Pretty darn impressed with that.

Do I Need Backlinks At  All?

Some will say not – some successful webmasters say they never build backlinks. They argue that you might as well spend your time building your own site rather than adding it to other people’s site. Most of those webmasters don’t make any money – so I tend to discount them  – after all this ain’t a hobby! Some of them do a lot of real-world promotion – or have even got at book to their name. I discount them – that is not a business model for me.

But some of them make money , good money, better than I do.  What do they have that I don’t? Without exception they have websites which are 10 or more years old – that age thing you can’t fake! And the site has been up that whole time, even if it started off long before WordPress and is now a blog – it doesn’t matter – Google doesn’t care about your technology – but it REALLY cares that the site has been about the same general topic for 10 years.

Which tends to mean that the sites involved – are passion sites – the person started them in 1999 because they LOVED the topic – not because they could make money from it. The clever ones make money now.  And they have backlinks, lots of backlinks,  natural, organic backlinks because they are market leaders in their niche and other people link to them – and yes every one of the sites I know about in this category are SOCIAL sites too.

If you have one of those sites – you don’t need me and congratulations. Do I really, really, really wish I’d started my passion site about independent travel in 1999 – oh yes I do!  But I didn’t and you – gentle reader – probably didn’t either. So  for the rest of us – well we need to game the system basically … you need to manipulate your backlinks. You need to build them, you need to pay someone else to do it for you.

Lis’s Views on Backlink Profiles

  • If the site is new – its more important to get authority links than it is to get bulk links. You need to get some “real” links from sites which are recognized as authority in the niche (not just PR). Some Postrunner sites will work for this – as will blogs which accept guest posts in your niche – if its a social niche that is.
  • Different niches work differently for backlinks – travel bloggers, and frugal living bloggers comment on each other’s sites ALL the time.  Niches about embarrassing personal problems and serious debt – not so much.  I suspect that Google has a “normal backlink profile” for some niches – deviate too far from it – and you will be sand boxed for a while. You will come back after a while (or any competitor could take out any site at anytime).
  • I have ranked and kept a site in position #1 with only crappy backlinks and no new content – for 2 years – its hard to stuff this up but some approaches will see results faster than others. I’ve NEVER seen a site deindexed because of bad backlinks – certainly have seen sites sent to position 500 purgatory though!
  • If your sites are in a niche which is “social” then its probably worth having some twitter and Facebook love going on around it – after all it looks normal …
  • Getting the SEO right and siloing your site so that it doesn’t have unrelated links on the page – really does seem to be significant

Lis’s Views on Backlink Services

  • All backlinking services are gaming the system: Postrunner  and EzineArticles included.
  • Gaming the system works – to a greater or lesser extent.
  • Backlink services work better with a more established site – that old thing of site age is still something you can’t fake – if you want a genuine short-cut in this game – buy an aged site in the niche you want.
  • Backlinks to backlinks also works – I think this is the major weakness of Postrunner – but you can help yourself with this with things like backlinking services to keep your links indexed.
  • Until you are making about $500/month from your sites I don’t really think you can justify paying for additional backlink services – and if your sites are less than one year old you are also probably  risking your money as well.
  • There is a risk involved with using any service –  sometimes they do die a slow death – which may be terminal if the owners don’t do something about it (basically Google discounts the sites being used over time) – don’t ever signup for a service for longer than a month. On the flip side you really need to commit to 2 or 3 months to really evaluate a service so that is the amount of money you are risking.
  • Doing ANY backlinking is never a waste – at the moment BuildMyRank seems to work exceptionally well – that may drop back to just averagely well – the point is if  I am using it to build at least 10 links a day to my sites I will outrank you if you are still worrying about whether you should backlink at all.

Sorry I went on a bit – the bottom line is – this game isn’t that hard -and it doesn’t change that much over the years – and the best info you will ever get is building your own sites and EXPERIMENTING – then you will really find out what does and does not work.

I’ve just enrolled in  a new backlink scheme too – but I probably won’t have any results before the end of the year on this one – so I’m not prepared to name it here – but it does have absolutely EVIL affiliate program so contact me if you want the link LOL – we can do a deal!

So are you building baclinks? Using  what if any services? Using your own  backlink sites only? Or do you only publish on your own site?