Jul 13
Its been awhile since I last posted but I’m finally back. I’ve been busy setting up my internet marketing company as well as hiring some full time virtual employees. It took me awhile to actually pluck up the courage to hire my first employee. but I decided to take the plunge. Hiring your first full time employee is pretty much a chicken and egg situation. You’re just starting up so you don’t have sufficient capital but on the other hand, how are you going to grow your company without your first employee? It is of course possible to do it all on your own when you’re starting up but at the expense of 20 hour work weeks and severe undereye circles…yes I was a victim of those dreaded dark eye circles aka panda eyes!!
What made me take the plunge? First and foremost…I was overwhelmed with work. Although I was super focused on only two areas i.e PPC affiliate marketing and ebay I spent most of my time growing my PPC affiliate marketing business and ignored ebay altogether. My ebay ebook business is small but with a huge potential for growth. I just didn’t have the time to work on it.
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Mar 16
I was up at 2am last night waiting for the launch of Rich Schefren’s Business Growth System. I’ve been following his pre-sales videos and found his stuff extremely interesting. I’m not sure how many seats are available but this morning it still seems open for sales. As I’m in the process of starting up my own internet marketing company and hiring employees to help out with the work Rich’s Business Growth System seems to be a good fit for my future plans.
When it comes to expanding your internet income, it always helps to leverage on the work of other people (i.e employees). There are only x number of hours a day and with the power of leverage you can get much more done in the same amount of time. It is however a chicken and egg situation where one requires some cash flow in order to hire help. According to the sales copy, the Business Growth System shows you how to acquire cash flow and manage your start up.
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Mar 16
I mentioned about a week ago in one of my posts that Google was clamping down on the promotion of download music, movie and TV shows sites. A lot of advertisers had their Google ads disabled due to copyright infringement. I had about 2-3 ads disabled but the remaining ads I still left up and running. I figured I’d just leave them till they got reviewed and disabled.
Whilst I was enjoying a nice meal & watching American Idol I received a heart stopping email from Google. These emails seem to be able to stick out like a sore thumb in a mass of other emails! I wonder why? I hate moments like that when my heart is racing 1000 beats a minute as I click to open the email. It was basically a warning email to remove all my remaining ads that were advertising download music, movie & TV show sites (P2P download sites) or have my Adwords account permanently suspended! Read the rest of this entry »
Mar 05
I never thought today would come so soon…I met up with a tax advisor today to get some advice on structuring my internet business. I’ve planned to register my internet marketing company in June and have over the past month been doing the necessary business and resource planning. I intend to start off with one full time employee to assist me in some of the projects that I just haven’t had the time to focus on such as my ebay business and am as we speak awaiting the development of my own ebook. Its been a great year and things really started picking in Dec last year to the point that I just don’t have enough hours in a day to focus on all my little internet oil wells.
Affiliate marketing and Google Adwords will always be my focus but I’ve planned to diversify into other internet marketing areas to spread my risk. I recently downloaded a podcast interview with this guy who lost his Adsense revenue of over $70k a month overnight when Google decided not to do business with him anymore. It was apparently due to the nature of his sites that were mostly automated content generated sites. That freaked me out not because I develop such sites but because of the sheer dependency of my income on Google Adwords.
My internet marketing company will focus on Google Adwords/affiliate marketing (currently 100% Clickbank) & ebay for now. Am also thinking of branching into internet marketing consultancy but perhaps at a later stage once all the processes are in place. I’ve been doing a lot of research and reading on how to effectively build & manage an internet marketing business and came across Rich Schefren who is a business coach and has helped some of the biggest names in the internet marketing field grow their businesses to multi million dollar ones. I love his work. In fact Rich has recently launched a new video and its great stuff. You can find all the links to his videos on his blog.
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