Monday, May 7, 2007

Got My First Online Sale Last Nite !!!

How I made $18 online in only 3 months!

I made my first on-line sale last night to a lady in Australia while I was asleep. I was so excited I had to call my fiance and tell her the news. HONEY I MADE $18 !!!

Here the scoop:
I have no product of my own. I sold someone elses.
I have no list of my own. I'm still working on getting that started.
It sold for $50. I got a 50% commission. After my ad costs. I made $18.

Why am I so excited? Because if this is the trend, I should continue to make $18 every day for a good long while without doing anything.

$18 * 7 = $126 per week
$18 * 30 = $540 per month
$18 * 365 = $6,570 per year

This is not a lot of money, and these will definately not be the actual numbers, but this is now passive income. The cheque shows up in the mail every 2 weeks.

And here's the exciting part. After all the initial set up and learning, this took less than a day to set up. I can set another one up today. I can set another one up tomorrow.

Lets say I did this 2 times a week for 2 months.. (and I'm just making this up as I go along now with a calculator in my hand) In 2 months I'd have 16 programs running.

$6,570 * 16 = $105,120 per year OF PASSIVE INCOME !NOT BAD!

So how'd I do it? (don't worry, I'm not going to try to hook you and then sell you my on-line course, I'm just going to tell you what I did) Unfortunately I don't have time to lay it all out right now, but here's the crux of it...

Google Adwords (pay per click advertising)
ClickBank Affiliate Program (you can sign up free at clickbank.com)
Find something that's working. Copy it. Change it a little to make it your own. Press Go.
Monitor the results and tweak them.

more later...

($18)

(yay)

Thursday, April 12, 2007

Let Your eBook Sell for You with a call to action

As per yesterdays post, I've updated my eBook with a call to action at the end. This is a critial point because without it I've left my readers hanging, and I want them to come back for more. If you want people to come back for more you have to tell them to do it (nicely).

The following is the final chapter of the eBook, the call to action. The formatting is a little messed up here, but you get idea. Keep in mind that there is nothing on this site that makes me any money at this point. These are links to other peoples things that I think could help my target market. Right now I'm just trying to provide value. The call to action is essentially "come back to my site". I need to get them to come first. The money part comes later.

Sidebar: I've also added a front and back cover to the booklet printout format to make it look more professional. I want this to be something I'm proud to put my name on after all.

<---- start of excerpt from eBook ---->
Staying on Top
Building on the Fundamentals

Now you understand the fundamentals of why business is organized the way it is. At this point you are probably thinking that this is all very elementary, and you’re right. It is very basic. It is also so fundamental that you can’t excel as a manager or business leader without it.

Addition and subtraction are very basic concepts. If you try to learn calculus without knowing how to add and subtract you are in for a very rough time. The only difference with learning how to run a business or manage a department is that we are very often not taught the fundamentals before taking on management and leadership roles. The problem compounds itself when the same people who were never taught the fundamentals of business go on to lead and train new managers. Large companies often end up with whole layers of middle management who don’t really understand what it’s all about. They run around doing what they’ve been directed to do without ever taking the time to understand why. You already have a leg up on many of them because you have taken the first step to understanding the “why” and not just the "how”.
So how do you turn this into something that makes a visible, practical difference in your life? You choose to continue to learn. At this point you can do one of two things.

Option 1: You can file this away as something learned and go back to your daily routine. There is absolutely nothing wrong with this if you are happy with where you are.

Option 2: You can look for ways to continue to learn including books, courses, seminars, mentors, and personal experience. Your choice of how to learn depends on how you like to learn and how much time you can dedicate to the task.

Take the initiative. Expand your mind. Expand your opportunities.

Continuing Education Options from Boundless Thinking

Boundless Thinking is dedicated to providing business learning materials for Engineers. Here’s a sample of what you can find at
BoundlessThinking.com

Articles

  • Tips and articles on business topics for Engineers (Eg. Business Basics, Financial Statements, Leadership Tactics, Time Management)
Free Boundless Thinking Business 101 newsletter: a combination of training material and news

Books

  • eBooks

  • Physical Books

Courses

  • Links to on-line courses specific to business training

  • Links to college and university programs

Visit BoundlessThinking.com and continue your education at your own pace.

<--- end of exerpt from eBook --->

You can get the whole thing from here if you like Business101forEngineers.com

Wednesday, April 11, 2007

How to Give Away an eBook

I have a short eBook now that I am giving away called Business 101 for Engineers. Here are the important points on how I've got it set up:

1. the eBook is free. It is the first proof of value.

2. the eBook is essentially the first 5 articles in my blog (Business 101 for Engineers Blog). If you remember, this was the plan when I started writing the blog.

3. I will be shortly revising the eBook to have a call to action at the end (first it will be to sign up to my newletter to learn more. I can change this to order my next book, or course once I have that stuff ready). The sign up call to action will always direct people to my main page so that when I add new offers they will see them, even if they weren't there when they got the eBook.

4. you can order the book from my main page (BoundlessThinking.com) under the Books link. If you go this route you get a very short and to the point order form since you have already clicked on a "Free Download" button to get to the order form.

5. The main page website has been cleaned up with the sole purpose of making it possible for people to actually order something on-line. At this point there is nothing up here that I make money on, but the basic structure is there in the books section now. Overall, what I do now is recommend some books that have helped me, and point people directly to some place they can buy it. I also removed any placeholders that are not ready for action yet so that everything on the page works.

6. the eBook has its own domain and landing page. The domain name is the title (Business101forEngineers.com). If you go here you get a longer sales letter explaining the benefits you can get from reading this book. This cost me $10.

7. On the long copy sales letter there are multiple calls to action ("Get it now" links) that all jump to the order form at the bottom. You should have 5 to 7.

8. The long copy page has only one purpose, to get people to download the eBook. There are no links or references to anything else. After they download the book I can distract them with other stuff. Sales copy must have a single clear purpose and focus. There are only 2 choices given: get the eBook, don't get the eBook. Don't muddy the waters.

9. Since I don't have any testimonials yet I decided to have some fun with that in the mean time. Take a look and you'll see what I mean. I'm not really sure if this is a good idea or not.

It occurs to me that maybe I should explain the 3 types of web pages: Branding Page, Sales Page, Contact Gathering Page. I'll try to make that my next topic as its rather important.

That's it for today

Tuesday, April 3, 2007

First 5 Articles Done - now what?

Ok, I finally completed my 5th article yesterday for Business 101 for Engineers (Basic Business Organization). I got so excited I put them all together into a little e-book. This needs some polish, but here it is. This is basically all 5 articles, plus a little teaser to watch for what's coming next (the real meat of the subject) . If you're interested you can get it here for free, no strings. Business 101 for Engineers Booklet Format (right click and save as)

(Its formatted to be printed and folded like a booklet. You need to ensure your printer is set to print on both sides, pages turning on the short edge of the paper. This is probalby a pain in the butt for some people, but that's how it is for the time being.)

I need to go back to my plan now and get on the next part. Let's see...
1. Create a Contact Gathering Web Page
2. Create a Sales Letter to sell this booklet (probably part of the sales letter)

Things are starting to come together.

Final note: I'm going to an internet leads generation seminar in Atlanta Apr 20-22. I want the skeleton done before this. My stretch goal is to make one sale on-line before I go to that seminar. Wish me luck.

Wednesday, March 28, 2007

Another Article Done: Why People Get Help

I finished another article today. I think I'll need to go back and edit these at some point, but the idea right now is to get some good content up. There will always be improvements that can be made.

I need to write 2 more articles before I start promoting this site. That's when the real fun begins.

This is the article if you're interested: Why People Get Help, The 5 Fundamental Benefits

Tuesday, March 27, 2007

How to Do An Outline

I've spend the last few days refining my articles outline (or course outline as I'm starting to think of it) to flow better. I'm not done yet, but I am now happier with the overall flow, and I've written one more article. I cannot stress the importance of getting this outline right up front. It makes the writing part so much easier, I can't even tell you how much. It will save you a lot of rework in the end.

Here's a tip from a public presentations course I took about a year ago that will save you a lot of time, and ensure your articles or presentations flow.

Do an outline.
Lay it out like this picture. The blue circles show the order to write each part.



This means you write it in this order
1. Subject
2. Conclusion (what do you want people to do or remember as a result of this)
3. Agenda (3 main points is generally best)
4. Body
5. Summary of each agenda point
6. Any opening remarks (more for presenting live than writing articles)
7. Optional creative opening

The red arrows show the order you present it in.

I also got one more article written and posted, "Why People Buy Things, The 6 Fundamental Reasons". Check it out.

Wednesday, March 21, 2007

My First Article: Welcome to Business 101 for Engineers

On Monday I layed out my to do list. If you go back and look, you will see I was working on planning 25 articles and writing 5.

Well yesterday I planned them all out and started writing the first one.
Today I finished it, and posted it to the web (business101-bt.blogspot.com)

It's written with the intention of getting people to come back looking for more articles in the future, and outlines the topics (the 25 or so articles) I plan to cover in the upcoming weeks. When all the articles are done, I will re-edit them all into an e-book and start trying to sell it on-line. Right now the focus is on getting the first 5 written. Once 5 are written, the focus will shift to driving traffic to this site and continuing to write at least one article a week.

On the main web site, BoundlessThinking.com I also added a link to this under Courses. I will promote this as a free on-line course while I continue to write it. You can post comments to the author and ask me any questions you want after you read any section.

That's it for today. In my new-found lifestyle of flexibility I am going to spend the rest of the day doing some much needed work around the house.