Don't think you can get rich writing articles? You're mistaken.
Now even without using any article tricks, you would be able to write at 80 words per minute if you worked on it. Lets be conservative and say you actually only write at half of that because you may have difficulty writing an article about something you are not familiar with, plus there's time between choosing articles. Well it just so happens that even with 40 words per minute as your article writing rate you can still produce a ton of articles.
In an hour, you should be able to write 2000 words. At .01 per word, that's $20 per hour.
I know, you're thinking, I'm not going to be rich off $20 per hour. However, you don't have to worry about travel time OR travel costs. You don't need to get up early in the morning, and all of these benefits outweigh the tax burden. Additionally there is a whole other set of things to consider. Remember that if you make enough money to get by, you still will have another set of information available at your fingertips that you can use to write articles yourself. Additionally, you will be able to use your cash to reinvest in articles. I think you will get hooked on writing articles, but lets just say you write 30 days a month for 3 months. That's 2000 words times 30 days times 8 hours per day. That's 480,000 per month times 3 months. That's 1.44 Million words after 3 months. Now I don't know about you, but that's a lot of words. That's 3600 400 word articles. Now that's also $4800 per month at only $0.01 per word. It's actually more likely you'll be able to write at a faster rate, and that you will be able to earn $0.015 per word. Even when you consider that you'll have to pay higher taxes on that, that's still a pretty nice sum to live off of. If you have gotten out of debt, and you live frugally, you should easily be able to live off of $1000 per month. Now okay if you're a single mother of 3 it might be more difficult, but it's certainly going to be easier if you don't have to pay day care costs, and can instead stay at the house and work while your kids are in school. Either way, even if $4800 of that is taxed at 50%, you still have $2400, leaving $1400. That's also the equivilent of 350 400 word articles per month. Now what are you going to do with those articles?
I'm telling you, if you start a highly themed blog and choose the right keywords, you should easily be able to make $1 per article posted, and significantly more so if you do good SEO even if you use those articles for linking. I know some people who make $4 per month per article published. Unfortunately it might take maybe 5 months to realize that $1 per article, and some articles won't make anything while others will make $50 per month. However, in 3 months of frugal living and hard work, you essentially will have $1050 of income that will eventually be set to earn. Now you can continue to live frugally, only this time, you will basically be able to write articles for yourself only. Now I did say it may take 5 months to realize that income so you need some money saved up, and if you have a part time job working 4 hours a day, and can still put in 8 hour days that will be more stable. If you'd rather put in 12 hour days writing articles and make sure you have enough income so you don't have to rely on your potential passive earnings that's fine too. But now after 3 months you'll have 1.44 million words or 3600 articles. Now those articles will potentially earn you $3600 per month eventually. Now $3600 buys 900 articles per month or 2700 articles. As you continue to gain income and articles, you continue to produce more and more income. I would eventually start diversifying your income. At first adsense and just using hubpages or infobarrel or blogger or xomba, or any of the other resources that are mentioned in work from home no money down post. Then you may want to pay for a $10 a month hosting account and get a handful of domain names. Eventually you may want to buy additional hosting accounts. Then you will want to stop using just adsense and start using ebay affiliate, amazon affiliate, yahoo search marketing, google affiliate, and others.
Additionally, as you do the work, you should also do the linking like crazy. As long as you are creating a hubpages page, a xomba, etc, you might as well do research so that your sites and pages is all very related to the same keyword... Then you can use those pages all to link to your main page. You should link to the most relevent pages. Some people say you should always link a certain way, but I don't believe manipulating the search engines is needed. However, that certainly doesn't mean that you shouldn't take advantage of the content, and provide a link somewhere to something that you either own or control (by control I mean receive income or at least partial income). In fact, every hub page, should link to another hub if possible. Additionally at least one of them in the link group should link out elsewhere. This is just how the internet should work. Link within your site, and link out to other sites.
Now you may make $1 per month per hub page, or you may make more, or you may make less. In the long run, you should make more on your own page, since on hub pages you have revenue sharing.
So really you can get rich writing articles rather quickly. The trick is using wealth building tactics right off the bat. I suggest using the simple dollar for ideas. Some ideas include a 0 debt policy (if at all possible, if not, focus on debt reduction until it is) focused effort and work, frugality, and reinvesting your income. The most important idea here is hard work. You have to work hard now, so you can enjoy a life of luxury in the future. 2 years of super hard work can mean the rest of your life is free and living in luxury. If you really want to get rich writing articles, you can get rich with passive income, or earned income. Earned income will take a long time, and I suggest if you don't like passive income, you look for portfolio income (learn stock options trading and how to trade stock) Regardless, writing articles can be a super great way to gain income.
However, it can be so much better if you know certain tricks. We will Continue this later. Now if you think this is great, just think about all the advantages you can gain by writing articles faster? The truth is that you can increase your earnings if you learn how to earn money writing articles faster than before.
Showing posts with label how to get rich quick. Show all posts
Showing posts with label how to get rich quick. Show all posts
Monday, February 15, 2010
Saturday, October 17, 2009
how to get rich
How do I make money online, and how do I get rich online are actually not the same questions. Getting rich online involves building money making processes that will work in place of you. Making money online requires that you do something once and get paid. If you tried to get rich online by doing all the work yourself, it would take you a lot of time. Your time is limited, but if you invest a small amount of money, or time automating processes, the time you take can pay for itself, and continue to pay you. In this sense, you can create an unlimited source of time as the money you earn can continually provide you with more freedom to do what you want when you want it.
To be rich means financially free. Having a large mass of money does not make you rich because you spend it and the money is eventually gone. Ask any lotto winner if they feel rich today. 90% of lotto winners end up in roughly the same financial shape or worse within only a couple years. This is because they do not have things that continually pay them, they instead use their money as an excuse to buy things on credit, and they continually have to have money com out of their bank accounts.
What makes you truely rich is to have the time and energy to spend doing what you want with who you want, and to have the ability to pay for it without sacrificing your ability to do things like that in the future. So that means in order to get rich, you will actually need assets, processes that pay you.
There are a number of ways to do this.
The most simple way is to do good niche research, and start a blog. Then make your blog posts fairly long and submit them to not only your blog but to article directories as well. Now the articles will over time, bring visitors to your blog, and they may either buy your reccomended products which will earn you a comission, or they will click on advertisements you have put up which will help earn you cash as well. If you write enough articles over a long period of time with enough links to your blog, you will have an asset that works for you.
But the real secret to going beyond this is to continue to automate processes that will help automate your wealth and so on. Another tier of this would be to put up a newsletter subscription box, and then you have emails send on a regular basis for a long period of time. Or perhaps with some cash you pay for someone to write articles. Pay them $5 an article, submit those articles to 50 article directories, and watch as eventually the traffic you get will pay for that $5 and then continue to earn, allowing you to continue to pay for new articles.
So will that make you rich? perhaps, but what if you were to continually reinvest in this sort of automation. What if you also automated in the article submission. Now you could use your time to create another blog like this and go on with the entire process and eventually have people that help keep that business automated. Take it one step further and you pay people to automte new blogs, and then you buy software to automatically create blogs. Then you might hire people to create a script for you that will automate the process even more, and you can start to free the time of all your employees as well. Eventually you can higher employees to get those software scripts going, or you can pay for more hard drive space, you can pay for someone to do the keyword research and everything.Now your business grows, your amount of systems grow, the magnitude of that system grows, and the rate at which it grows also will grow and you will have a very exponential effect on the amount of money you make each month, and the amount of time you have to make it.
To be rich means financially free. Having a large mass of money does not make you rich because you spend it and the money is eventually gone. Ask any lotto winner if they feel rich today. 90% of lotto winners end up in roughly the same financial shape or worse within only a couple years. This is because they do not have things that continually pay them, they instead use their money as an excuse to buy things on credit, and they continually have to have money com out of their bank accounts.
What makes you truely rich is to have the time and energy to spend doing what you want with who you want, and to have the ability to pay for it without sacrificing your ability to do things like that in the future. So that means in order to get rich, you will actually need assets, processes that pay you.
There are a number of ways to do this.
The most simple way is to do good niche research, and start a blog. Then make your blog posts fairly long and submit them to not only your blog but to article directories as well. Now the articles will over time, bring visitors to your blog, and they may either buy your reccomended products which will earn you a comission, or they will click on advertisements you have put up which will help earn you cash as well. If you write enough articles over a long period of time with enough links to your blog, you will have an asset that works for you.
But the real secret to going beyond this is to continue to automate processes that will help automate your wealth and so on. Another tier of this would be to put up a newsletter subscription box, and then you have emails send on a regular basis for a long period of time. Or perhaps with some cash you pay for someone to write articles. Pay them $5 an article, submit those articles to 50 article directories, and watch as eventually the traffic you get will pay for that $5 and then continue to earn, allowing you to continue to pay for new articles.
So will that make you rich? perhaps, but what if you were to continually reinvest in this sort of automation. What if you also automated in the article submission. Now you could use your time to create another blog like this and go on with the entire process and eventually have people that help keep that business automated. Take it one step further and you pay people to automte new blogs, and then you buy software to automatically create blogs. Then you might hire people to create a script for you that will automate the process even more, and you can start to free the time of all your employees as well. Eventually you can higher employees to get those software scripts going, or you can pay for more hard drive space, you can pay for someone to do the keyword research and everything.Now your business grows, your amount of systems grow, the magnitude of that system grows, and the rate at which it grows also will grow and you will have a very exponential effect on the amount of money you make each month, and the amount of time you have to make it.
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