Tag: newbie questions

How to Find Your Passion in Life and Make it a Career

Passion is simply a driving force that makes us do things. When you make your passion your work, your work is no longer boring. You will love to work simply because it’s something you love.

Now in this article I am going to outline how you can find your passion and make it profitable. Doing something that you love is good, but it’s not the whole equation.

As a human being you will have countless hobbies and interests, but which one of your hobbies will turn out into a profitable business model? To help you out let me share this diagram:

diagram for passion

You have to find out a hobby that you love; you have to be good at it and finally it should be something that pays well.

Take a note that passion is the combination of all three circles above. [Continue reading…]

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How Do I Get My First Few Customers?

So you just started your first business and you need a paying customer. How do you find one? If you have a point of sale, then getting your first few customers is easy, they just have to spot you. However when you are running a consultancy business, how will you get your first customer on board?

I am going to give you some practical advice that will help you get customers. When I started my first web design business, I used the exact same principles to attract clients.

Let Your Network Know that You Are Open for Business

open-for-business-sign
Are you open for business?

How does a shop find its first customer? Simply because people can see that this shop is open. So what you have to do is to let your existing network know that you are taking clients. Have a facebook account? Entitle yourself as the CEO/Consultant or what you like better on the work field.

Are you on linkedin? Then do the same and entitle yourself to this new business of yours. This is a small trick but it simply works. A lot of people and their friends are constantly checking you out and when they see you are offering these services, they may be interested in being your customer.

Post an update to your twitter/facebook profile that you are taking clients. If you have a blog already, then post about this on your blog and let your readers know that you are expecting business.

Sanjida did it cleverly by sharing about her work on facebook & also sharing updates regarding her coaching career. She also went one step further by creating a separate facebook page for her coaching services. [Continue reading…]

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How Does Affiliate Marketing Works?

affiliate-marketingSo you must have heard of affiliate marketing and people can make money being an affiliate. But what is it exactly and how it works? In this article I am going to share what affiliate marketing is and how it really works.

To make it really simple, I am going to share a real life example. I have launched BlogKori Academy which is an online coaching platform. My readers can join this course and learn from me through videos. My course is priced at $49-$99.

Now the thing is, in order to have more sales, I need to attract more students. My resources and reach is limited. So what I did was to offer an affiliate program. In this program someone can join as an affiliate (for free) and promote my course. When they make a sale, I will pay a percentage of the profit to that affiliate. This is called an affiliate commission.

I am using software so the sales tracking and commissions are managed automatically. So you see that this way I can reach more people and sell more. On the other hand my affiliate is making money by promoting my stuff.

It’s a win win situation for both of us. So this is how exactly affiliate marketing works. [Continue reading…]

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Free Website Hosting Vs. Paid Hosting –Things to Consider

Free hosting vs paid hostingIn this article I would like to discuss all about free and paid web hosting services. I have used both free and paid hosting services for my blog and website projects.

When it comes to hosting your website on the internet there are just too many ways and too many solutions to go for. It is really very hard to decide since now days you can host a website on the internet for free.

If I can host my internet site for free, then why should I even pay for it? What is the point for paying a monthly fee?

When you are going to host online, these are the things you should give priority:

Your Own Domain Name

Does this web hosting service allows you to use your own domain name, or you have to use a sub domain name like freewebs.com/your-website? It is such an embarrassment when you don’t yet have a DOT COM domain name for your website. Only a few of the free hosting services allow you to use your own domain name while most of them allow it when you do a paid upgrade. Your own domain name is professional and brandable.

Website Uptime

Let me explain, you are in a meeting and you want to show your work to a potential business lead. All of your work samples are stored online on your website. You typed your web URL but the site is not loading. It is showing an error like this one “Server is busy, please try again later” –you hit refresh again, but still you see an error. This happens only with a free web hosting provider. The paid ones offer 99% uptime and they guarantee it.

Web Storage

Right now internet websites and blogs don’t need much space to host. But when it comes to digital photography and videos, you will need tons of storage. If you are a photographer, you will need a web host that offers plenty of storage for your photos. If you are a movie maker or a video producer, you need terabytes of disk space on the web server. This you can get only from a premium web host.

Forced Advertisement

Some of the popular free web hosting companies put ads on pages to cover up their costs mentioned in this article. While it is okay at this point that they are hosting it for free, but it is not okay for you and your website. Let me bring that example again, you show your website to your client and they get distracted with ads. With free hosting you can’t control those ads, let alone removing them. These companies will charge you a fee to go ad free.  Instead of paying them extortion money, you can just go for a premium hosting provider.

Security & Backups

Free web hosts are not secure enough. They can also delete your website anytime they want. All of your hard work will simply go down to the toilet in an instant. With free web hosts it is hard or even impossible to take backups. On the other hand, premium providers keep regular backups and their servers are checked for hackers and viruses. They won’t delete your website without any strong reasons.

There is a saying “You get what you pay for”

This statement is absolutely correct when it comes to web hosting services. When you decide to go online, you have to make sure your website is live 24/7, is secure and professionally hosted on its own domain name.

So the conclusion is you should stay out of free hosts when using your website for business. But which web host to use?

I recommend you get HostGator or FatCow web hosting. I have used both of the premium hosting providers. Read my hostgator review –it is the service that hosts my blog. You can also read this guide to setup fatcow hosting for less.

Free Web Hosting Services That I Recommend

I didn’t say that all of the free providers suck. If you are going online for fun and don’t want to pay any money at all then here are 2 of my recommended providers,

  1. Blogger –Allows you to have your own domain name
  2. Webs –Free website platform but puts ad on your pages

Also do you know with blogger you can use your own domain name without paying extra money for web hosting? Read about it here.

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Why Most Internet Websites Offer Free Services?

Why Most Internet Websites Offer Free ServicesYou have probably seen a lot of internet websites offering free services like a free email account, a free forum or may even offer you a free website. But have you ever wonder why on earth they are offering all these wonderful services for free? If you take a look at the real world, nothing is free. You have to pay for the news, have to pay for the coffee and even for some advice.

I found services that offer you listen to radio stations or watch TV for no money at all. Another service I found lately that sends SMS & Fax for nothing. I am not going to mention any of them here, if you take a search on google.com you will find 10s of providers that will let you use their service for free.

These services cost money right? So how come all these services on the internet are free and how they make money out of it?

They Make Money with Advertisements

Most free internet based services make money with ads. Since they offer a free service or free content, they attract a lot of visitors. Then there are other website owners who want to bring these people to their own website. This is why these other site owners place ads and pay to the first website for these ads. Ads such as banners, text link ads are common among websites. For an example this website that shares funny pictures monetize their website with ads:

website sells advertisments

They Are Going to Sell a Premium Service

Free accounts offer services and most of the time these services will have a paid upgrade. For an example a free account will let you send 10 SMS every day. A premium upgrade will allow you to send 100 per day. So for a user who is actively using the service and need to send more SMS’s that person will upgrade for the paid plan. This is how most of the internet website that offer services make money. Some of these services offer an upgrade which will remove ads in their account. Webs.com offers ads in their free website. If you pay for an upgrade, they will remove these ads:

premium service to remove ads

They Are Building a List of Leads

It’s an age old marketing practice. When you sign up for a free service you have to provide at least your email address and some of your personal info to use it. Almost every free service provider will require you to sign up for a free account. After you signed up, you will be entered into a list according to your location and other personal information you provided, such as your age, gender, occupation, location, earnings etc.

After that these lists of huge number of people will be sold or rented to banks, insurance companies, credit card companies, dating services and all sort of list buyers. They will then send you offers in which if you buy from them, these companies will make money. So when you sign up for a free service, that service is simply building a list to sell/rent it for profit. However not all website owners build a list to sell it, some of them use it to promote their own product and services.

You must be thinking that most of these emails get ignored or deleted as spam. However this is a numbers game and if it didn’t work, it wouldn’t be there. If they send emails to 100 people and only 1 person purchased a product and that covers the cost –they succeeded. Also then they will put this buyer on a new list and start sending them high priced products. Here is an example of email capture form:

list building form

They Are Building a Trust

Internet companies that have a long term goal for business, doesn’t make any money off their users. Instead they look for the long term goals and start ad free. The positive thing about these sites is that they quickly earn the trust of their users and build large user bases. A most recent example is Twitter.com. Twitter started off as a free service and they stayed ad free for few years. Then after they secured a large portion of users, they slowly started to sell promoted tweets.

You must be thinking how they cover up the costs if they are not making any money? These huge companies build the audience first and this helps them to secure investors who will help them to stay alive.

So there you go, now you know why most of the services of the internet are free and what some of the motives behind these websites are.

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