Monthly Archive for March, 2011

2 Ways to build wealth on the Internet

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There are only two ways to create wealth – it’s no different on the Internet.

Wealth Creation Strategy #1: Buy and sell something to make CAPITAL GAINS.

Wealth Creation Strategy #2: Generate PASSIVE INCOME.

Flipping Websites allows you to do both, let me explain.

In strategy 1 you search for undervalued websites. Buy them. Make a few simple cosmetic and search engine related changes. Then sell them for a profit, often about double your original investment. The gains are treated as Capital Gains.

This strategy is perfect if you need quick cash or if you’re just getting started and want to get your feet wet.

You can start small. Then when you’re ready, you can invest in more expensive websites to get access to higher traffic voluments and/or higher paying niche markets.

In strategy 2, you buy established websites (ideally websites that are undervalued). Increase their value with the same simple and easy cosmetic and search engine related changes. But in this case, you hold them to generate passive income. This is treated as income for tax purposes.

The goal of strategy 2 is not to buy just one or two websites, the ultimate goal is to own 50 -100 or more.

To learn more about the buy and hold approach to flipping websites, check out this short YouTube video.

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Buying and holding websites involves the same amount of effort as the quick cash option. The only difference is, you hold on to the site longer and leverage it to create passive income while you are holding it, increasing the revenue so that it becomes more valuable.

It’s also more exponential because, as the buy and hold video explains; you can link the sites together to increase your traffic.

That’s not the whole story, of course. There’s much more to learn and discover.

There’s no limit to the capital gain and passive income potential you can create. It’s all up to you to determine how much you want to make.

It’s exciting isn’t it?

The learn the basics of how to flip websites from the comfort of your own home (or now laptop), click on the hyperlink to register for the Home Study Video Program.

What’s bigger than Facebook, YouTube and Twitter COMBINED…

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Today I thought I’d share a few interesting stats about the Internet.

First up, let’s talk about Facebook.

We know it’s all the rage. With millions of people every day wasting their time equally with real and fake friends.

If you believe the media hype you’d think it’s the fastest growing segment on the Internet. But it’s not.

Sure it’s bigger than Twitter. After all, Twitter only added 100 million users last year for a total of 175 million by September 2010.

Facebook added 250 million users, more than twice the number of new Twitter followers, taking Facebook to 600 million users worldwide.

But there’s something bigger. And it’s not YouTube even with an estimated 2 billion videos watched per day on YouTube, which is big news. If you’re not sure if video is a great advertising medium think again.

35 Hours of video are uploaded to YouTube every minute with the average Internet user watching 186 videos per month – approximately 6 per day in the USA.

But this other social networking medium is bigger. It sends out 294 billion messages PER DAY.

Again, Twitter only sent out 25 billion ‘tweets’ for the whole of 2010. This other medium sends 25 billion messages every single day, and that’s even before you finish eating your breakfast.

And get this: The number of people using this medium grew last year from 480 million to 1.88 BILLION.

Facebook only grew by 250 million to 600 million.

So what is this medium? Continue reading ‘What’s bigger than Facebook, YouTube and Twitter COMBINED…’

4 Reasons You Should Consider Virtual Real Estate Investment

I was scanning the pages of one of my favorite wealth creation magazines this morning when suddenly it hit me …

All the successful real estate and stock market investors you read about didn’t hit the big-time by waking up one morning and thinking, “You know what? Today I’m going to be a mega-rich real estate property or stock market investor.”

No.

Instead, they decided they wanted to BECOME a successful stock market or property investor … and then … they started small … and built their way to the top — one step at a time.

The same is true in business.

Take someone like Tom Monaghan as an example. He bought a small pizza shop for $75 down and built it into a multi-million dollar empire known as Domino’s Pizza today. Tom eventually sold his share for an estimated $1 billion and retired to a quiet life of simple pleasures.

And then there’s Jim Penman who built Jim’s Mowing starting with a single lawn mower. Each morning Jim printed a stack of fliers on his home computer, stuffed them in his neighbors’ letter boxes, then sat at breakfast with his wife and waited for the phone to ring.

And ring it did!

So did the cash register. And today he sits at the top of a global empire — all because he started small and kept building.

Anyway, this got me thinking about people like you who want to succeed on the Internet.

You see, right now you fall into one of two camps:

  1. Either you want to improve your current website, so it feeds your business a constant flow of new prospects to buy your products or services …
  2. Or, you want to set up a virtual real estate portfolio that produces passive, ongoing income like clockwork — so you can retire to a life of surf, sun and travel.

Well guess what? No matter which camp you find yourself in, the method for creating success on the Internet is the same:

  • You start small…
  • You act on whatever information you have at your fingertips…
  • And you build from there.

With that in mind, here are the …

4 Reasons You Should Consider
Virtual Real Estate Investment

Continue reading ’4 Reasons You Should Consider Virtual Real Estate Investment’

Don’t flip sites on eBay

Unfortunately, I can’t get into program-specific details, but today I wanted to mention that if you’re interested in flipping websites for profit, the last place you want to buy and sell sites is on eBay.

I raise this point because I get a lot of emails from people asking me about buying or selling websites on ebay. They ask me if I think it’s a good idea. My answer is almost always the same: “Avoid it like the plague.”

When you become a licensed Virtual Real Estate Agent, we’ll teach you all about the importance of due diligence to avoid scams, frauds and buying duds.

For today, I just wanted to make the point that you want to do what WORKS… Not what seems easy.

Fraudsters – like muggers know how to stalk their prey.

Don’t get me wrong, eBay is GREAT for THOUSANDS of products.

Just not websites.

Want to know why? Become a certified, registered Virtual Real Estate Agent and I’ll explain everything in detail. For example…

  • We’ll reveal the top 10 legitimate sites to buy and sell websites. Unlike ebay, these 10 websites have a strict criteria for posting a website for sale. They even include a wide variety of due diligence tools so you can assess profit potential, risk, honesty of the buyer or seller and so on.
  • How to buy at the lowest price. Just like buying property in the real world, you want to buy your virtual real estate at the lowest price possible. Most website flippers don’t know how to do this. They think the only way to buy and sell websites is in the public market. But in the public market you rarely get the lowest price.
  • How to sell them for the top price. I’m not greedy. But when I spend my time and effort improving a website, I expect one of two results. Either I want it to generate a new ongoing stream of targeted traffic and income I can keep, or, I want to turn around and sell it for top dollar. You don’t get either result buying or selling on ebay.
  • How to spot arbitrage opportunities no one else will see. In any market the victory goes to the person with the most creative options and the most knowledge. It’s no different when buying and selling websites. Knowing how to spot arbitrage opportunities gives you more options and makes it easier to succeed.

Bottom line: Don’t flip websites on ebay. There are far better ways to flip websites for profit.

If you’re ready to get started then I suggest you look at our entry level program that shows you simple tips for buying, improving and start selling websites for profit.

Or if you already know the basics, why not step up and become a fully accredited Virtual Real Estate Agent?