First off, thank you so much for all the questions you submitted this week!
Here are the top questions and my answers to them:
Q1. How do I start making steady income online?
Just like starting a brick and mortar business, an online business needs a plan, an investment and long-term commitment.
A lot of people asked me for step by step instructions on how to start making a fixed $XYZ every month.
But just like skinning a cat (sorry cat lovers!) – there are several kinds of business models to choose from, and most of them work, they just need the 3 things I mentioned above to make them work.
In other words, you can half-ass it.
You must have a clear plan of what you want to start selling, how you’re going to sell it… then you need to build your online system and keep building traffic to it.
Realize that it will take time.
Yeah, it is possible to make fast cash, but for the average Joe who is just learning and has limited time, it’s going to take months, even a year or more before you start seeing any steady and reliable income.
Sorry if I just shattered your dreams about becoming a millionaire by next week by doing nothing. There is work involved – and if you’re prepared to put in the work, you can expect results.
Like the saying goes, “you only get out of it what you put into it”.
Now, if you’re looking for a step-by-step system, here is one so simple that you can’t go wrong with it.
Step 1. Find a mass market of proven buyers (desperate buyers are the easiest to get to take action!)
Step 2. Create a simple, quick product to give away (use PLR or create an audio of yourself or interview an expert)
Step 3. Set up a basic lead capture web page with a pitch for your free product and your autoresponder list opt-in form on the front of it
Step 4. Start writing and submitting 10-15 niche related articles per DAY to a few (high traffic and “Google friendly”) ezine article sites that send people to your capture page. Do this for a month.. or pay someone to do it for you 😉
Step 5. Load up your Autoresponder with a series of 15-20 follow-up emails. Include more free info and (affiliate) links to recommended products.
For this fool-proof business, you’re total investment would be a whopping $15-$20 for the 1st 30 days ($10 for domain name registration, $5/mth for website hosting, free 30 day trial using Aweber’s autoresponder (<- aff link), $5 for an ebook cover graphic using someone on Fiverr.com).
Total time investment would be around 10 hours, not including article writing time (and that’s being very generous). I can have one of these list building machines up with email series in half that time.
The hard part I admit is writing articles. It can really take it out of you if you do it everyday for long periods.
If you’re a fast typist, you can pump an article out in 15 minutes. If you hate typing, the only other way to go is to hire a writer to write them for you.
PLR articles are ok to use as a base. They need to be re-written however. Some article writing tools help a lot, but you still wouldn’t want to do these tasks yourself, you’d want to outsource them.
Q2. How can I start outsourcing?
Outsourcing is the secret to getting more things done. We as individuals only have 2 hands so the amount of work we can do at once is limited.
And it’s very stressful trying to do it all yourself. Outsourcing takes a big weight off your shoulders and you mind.
There are a heap of places you can go to look for outsource staff. But first, you must decide what you want to outsource and have a precise set of instructions to give your outsource staff because you do have to train them.
If you haven’t hired any outsource staff before, just start out outsourcing small, one-off jobs. i.e. website graphics, articles written, keyword research, backlinks etc.
Once you get used to working with a helper, you can think about hiring a full-time VA (virtual assistant) or webmaster etc.
Hiring out of the Philippines is where it’s at if you’re after affordable full time staff. A full-time 40hr/wk VA will cost around US$350/mth.
For smaller one-time jobs, check Fiverr.com . There’s someone for just about anything you need help with there – but not much is $5 any more. There are still a lot of bargain gigs for $5 or $10 though.
Q3. How can I learn the ‘techy’ stuff of building a website?
This is where a lot of people get stuck. They don’t know how to get their domain on their hosting and upload (FTP) files to their website.
Then they don’t know HTML so they can’t do any edits to their web pages.
I could write a whole book about setting up a website – it’s not really complicated but it’s a pretty long one.
I’ll try my best to explain with basic steps…
Step 1. Register a domain name (e.g. godaddy.com, namecheap.com)
Step 2. Register a hosting account (Hostgator.com <- aff link)
Step 3. After registering your hosting, find your DNS urls. (i.e. ns1.coolhost.com, ns2.coolhost.com) Also known as ‘nameservers’.
Step 4. In your domain name account, change the DNS to the DNS urls you got from your hosting account and wait for them to propagate.
Step5. In your hosting account, add the domain name that you just registered. You’ll be able to choose a username and password that you can log into your cpanel (control panel) for that domain with.
Step 6. Download an FTP client software. Try http://filezilla-project.org/download.php (it’s free). This software will let you connect to your hosting server computer from your PC so you can upload your website files and product files etc. Use the same username and password for your cpanel.
From here, it’s really matter of the kind of website you want to set up. If you want a WP blog or site, you can install one with a few clicks using Fantastico in your cpanel – you don’t even need to touch your FTP software.
If you have any MRR products, they usually include a HTML resellers website.
For practice, upload some HTML files to your website (upload into the ‘public_html’ folder) and then visit the page in your browser to see it live online!
Some FTP hints: Upload your “index.html” to the root folder (‘public_html’). This is what you’ll see when you go to www.yourdomain.com . If you upload the ‘download.html’ file to the same folder, go to www.yourdomain.com/download.html to see that page.
The best way to learn is just get in there and start play around – seeing what this and that does. If you screw it up, the files can be deleted. If you really screw it up, your hosting support team will point you in the right direction.
And I almost forgot, you can check out some of the “how-to” videos I have right here on this blog for more detailed help.
Ok, that’s it for this week. I hope these answers will help you move forward for better and quicker results!
Sorry if I didn’t answer your question this week. It might show up in a future post so stick around for it!
Think big, talk big, walk big!
To your success,
Stu “Sensei” Stirling
p.s. Remember, if you have any questions you want me to answer, pop them in the comments below.