Success and How it Comes

Terry Didcott is back after something of a break from his own blog! Ok, I have a lot to do online and most of it involves earning money as that’s a reasonable priority!

Well of course it is! As the Internet is my sole source of income, it makes sense to make sure that it keeps doing that. When everything is chugging along nicely, then I’ll have more time to write fanciful blog posts and irreverent musings that don’t actually earn any cash but are for enjoyment only. So here’s why that’s a bad idea right now.

Anyone who has ever tried to make their living online knows that at first it is not easy. In fact it’s bloody hard and most people give up out of frustration and the fact that the wads of tenners don’t come falling out of the sky for them.

But for every person who gives up, another starstruck newbie takes their place. After seeing all the amazing claims of how you can make several thousand dollars practically overnight if you just buy this latest foolproof ebook for $97 , they get their credit cards out and buy into the dream. Three months later, when they haven’t made a red cent, they go back to stacking shelves at the local supermarket…

Its the same old same old. Most Internet marketers who have been around for a while can see this as clearly as mud because they’ve been there and done it and bought the tee shirt along with the odd ebook or several. Then they fall into line with the big marketers who are flogging all this crap to noobs and making a small fortune and try to copy them. That doesn’t really work either, because the big marketers have got most of the traffic sewn up and all that’s left are the dregs.

Well, you can’t live on dregs.

There is another way and its the way I’ve been working for a while. I started out writing articles and that generated an income online. Something that most noobs don’t see because it involves work. Why would they want to work when the dream promises them thousands of dollars if they buy this ebook? Working is for dorks who are too stupid to see that if they just follow the instructions in this great ebook, they will be millionaires overnight. Or something like that.

Yeah, right.

Well, us dorks might be working but we’re not starving! The upshot of all this is that while writing to make money to eat and pay the bills, I’ve been building up my portfolio of websites, mini-sites, blogs etc that are now making pretty good money. That money comes from the ads that my sites serve, not from flogging some crap ebook that promises the world and delivers nothing but a headache.

And this stuff works!

It really works and it is a passive, residual income that continues to grow as I continue to build more sites. So to anyone out there who is looking at the latest hyped up ad selling a non-existent dream for $97, or $67 or whatever, do yourselves a favour and think twice before getting your credit card out. There is a catch, there always is. Think about this:

If the person who wrote that ebook really did know how to make the huge amount of money they claim they can, why the hell would they share it with anyone else and create a load of competition?

Exactly, they wouldn’t!

I’ll leave you with that thought while I go and eat out today… because I’m really making my living online and I do it through my own hard, honest work. So I can afford to!

Terry Didcott

Freelance Writing Meets Internet Marketing

Welcome back to this freelance witter blog of mine. I’m going to re-visit the whole freelance writing thing from a slightly different perspective in this post. I’m not going to promote it as a way to make money online, although it absolutely is. I’m going to take a look at where it can take you in terms of growth, then show you what is possible when freelance writing meets Internet marketing.

There is one great problem with working as a freelance writer online which mirrors working at most forms of gainful employment and that is there is a ceiling on what you can earn. Ok, for some writers who can command a good rate for their work, that ceiling is higher than for most but its still there in the form of time.

What I’m getting at in my usual roundabout fashion is that there are only so many hours in the day and a writer, no matter how prolific, can only write so many words before the physical limitation of the need for sleep shuts them down for the day! So there’s the ceiling. Even if you work flat out, seven days a week you will hit the ceiling because online, especially now in these times of economic turmoil, there is only so much that content writers can expect to be paid.

Unless you are fortunate enough to be able to make the leap from content writer, or ghost writer to full blown, published author in your own right, the sky is considerably higher than the limit.

I know of several freelance writers who are just about at the top of their earning potential and they are not enjoying an easy life by any stretch of the imagination. In fact, in order to earn the kind of money that represents financial freedom, they are literally working their arses off seven days a week, twelve hours a day stuck in a chair chained to a computer. That’s no life! At least not one that has a pot of gold waiting at the end of all those long hours of toil.

This is the problem. Once you’ve worked so hard for a month and made a decent income, paid all your bills and everything else, you can’t sit back and relax while the next month looks after itself. To sustain that income you have to keep going. And keep going some more until you’ve saved enough to allow you to take a couple of weeks off and have a nice holiday. At the end of the holiday, what have you got to look forward to? The endless grindstone, that’s what.

In fact, its no different from working at a job, except you get to work from the comfort of your own home. The downside is that no company would expect you to work 12 hours a day, seven days a week. Ok, the pay and the conditions may be worse at a J-O-B and you’d probably have to commute (I’d rather shove bamboo splinters up my fingernails) and job security no longer exists, but at least you’d get weekends off and a few weeks paid holiday.

So am I advocating quitting the freelance writing game and returning to gainful employment?

Absolutely not!

I’d sooner commit Hari Kari than work for someone else ever again! But there is an alternative to slogging the hours away writing content that still allows you to stay at the computer and work from home. Its just that it also takes a monumental amount of work, time and perseverance to pull it off.

I know so, because its exactly what I’m doing. Its a marriage of two disciplines, where freelance writing meets Internet marketing. Writing and building a business that has no ceiling on earnings. While still working as a freelance writer I can transfer the writing skills I have to building my ever growing collection of websites which are quietly growing in size and authority with the search engines. I already make money from my freelance writing, and I’ll keep that side going because it would be foolish to stop. But now I also make money online from my websites and the monthly earnings keep growing, steadily month by month.

The Internet marketing income comes from different sources, but the main ones are affiliate commissions on products, services and merchandise that I promote on certain websites, advertising revenue and PPC (Pay Per Click) advertising from Google Adsense. This is what is known as Internet Marketing, or selling/marketing for profit using the Internet as your medium. This income grows in direct proportion to the volume of sites I have out there and their increase in age, stature and authority as they mature. There is no ceiling on this area of income as the Internet is huge, steadily growing and will continue to grow for the foreseeable future.

This income will gradually displace the freelance writing income and become a kind of income that is what is known as passive, meaning that it will continue whether I sit here in front of my computer slaving away, or sit on a beach enjoying a day off, or lying fast asleep in my bed. Its 24/7 income that just keeps coming. Of course, the more I put into it now, the more it will continue to grow, making for an ever upward spiraling source of income that will not stop if I decide to take a holiday, which it certainly would do if I were relying solely on income from writing.

Is this an easy thing to do? No it is not and when I said it takes perseverance, I’m talking 2 years of learning, implementing what I learned, making mistakes, suffering setback after setback and still hammering away at it until I started showing a profit. I still suffer setbacks and still make mistakes, but they are fewer and father between these days. There is a very bright light at the end of this very long tunnel and getting there has been extremely trying. Luckily for me, I’m a stubborn, tenacious bastard when I get an idea in my head and decide to go for it! Once I get the bit between my teeth, I’ll keep going at it until it pays off.

Failure is a word that does not exist in my vocabulary. Setback and obstacle I can take, because I know that these can be overcome with dogged perseverance, belief and sheer tenacity. Most people give up too soon in this game and that’s a shame, because it really can be done and you really can make a decent living from the Internet if you’re willing and prepared to take everything it can throw at you and still bounce back to progress toward that point where you’re in profit and the money that comes in pays the bills and keeps growing so that the next holiday will be better than the last!

Do you think you’re up for that?

Terry Didcott

Who Needs a List?

Hi everyone, I’m back after another month’s absence from my own blog and my last post Writing for Who Exactly?. This long absence is pretty awful but also tells its own story. I’m busy with all the stuff I do online and that means doing the rounds to all my blogs takes longer. So posts are naturally fewer and farther between.

Well, now you know, so let’s not waste any more time in trying to explain what doesn’t really need explaining! So what’s this post all about? Who needs a list? What kind of a list is he talking about?

I’m talking about what Internet Marketer’s call “The List” which is a list of harvested names and email addresses taken from opt-in forms that offer a free giveaway of some kind. Every good Internet Marketer is busy building his or her own list. The List is what we will eventually sell stuff to, as such marketers who have been around a long time do on a regular basis. It makes them a lot of money because they use their List as milking cows, to be bled dry on a regular basis by being sold yet another crappy eBook that is going to show them how to get rich quick on the Internet.

Well, its a system that is taught to all good Internet Marketers with the catchphrase “The money is in the list”.

What’s crap about it is that its true. When you’ve built up a big enough list of names and email addresses, you can pitch all kinds of new products to them and this being a numbers game, the more numbers you have to pitch to, the more sales you’re going to make.

I don’t like this idea.

I subscribed to it myself when I didn’t know any better and started building my own list. But I don’t like it when some smarmy git emails me with this or that latest must have product and practically rams it down my throat, all because I made the mistake of opting in to their free this or that. Stuff that just teaches you to build your own list and hawk your own crap to them.

I really don’t like this idea.

I took down my opt-in form from my blogs a while ago, as I never actually sold anything to my List. So that list is no more. Dissolved, disassembled and departed. There are many more honest ways to make money online that work just as well and don’t entail trying to rip anyone off or sell anyone crap they don’t need. Stuff that I talk about in my money oriented blogs and websites, so I don’t need to talk about them here.

Who needs a List?

Not me, mate!

Terry Didcott