WHY "MASTER DAYTON?"

"Master Dayton" might be humorous, (I mean if Ph.Ds are called "Doctors," shouldn't MFAs be called "Masters?") but in all seriousness I have made a living freelance writing and after several years I have tons of information I want to share to help out my fellow writers, regardless of age, experience, goals, situation, or background. This blog isn't pretty-but it will help if real freelance writing information is what you want.
Showing posts with label residual income. Show all posts
Showing posts with label residual income. Show all posts

Tuesday, July 26, 2011

Freelance Writing Advice: Jumping at Opportunity

The Importance of Jumping Quickly at Major Opportunity

One of the major pieces of advice I can give beginning freelance writers is the importance of jumping to take advantage of an opportunity when one arrives. Sometimes you see a potential to make a lot of money, or potential to really take advantage of how a writing website is doing in order to build up a great residual income for yourself. If there's one thing I've learned from several years writing, it's that diversification is important but when you see a clear opportunity, you need to put the majority of your efforts where you're going to get the majority of returns. For other 4 Hour Workweek fans out there, this is referred to as the Pareto Principle or 80/20 Principle. Spreading yourself out in the name of diversity doesn't make sense if you have one clear winner. Invest most of your energy in the open writing opportunity, and come back to diversify later.

So what do I mean by this? I'm going to give you two obvious examples from my own time writing online, and the reason I believe they both work is that even though both opportunities have more or less closed, meaning they wouldn't pay long term now the way they used to, if I had taken heavier action early on in both situations, I'd be far better off financially not only now, but heading into the future as well. Sometimes it's easy to say "well it's a good thing I didn't invest too much in that because now they're gone" - but that might be taking the easy way out and preventing you from learning from a missed opportunity. And if you want to make a living freelance writing online, you definitely need to learn from mistakes and learn to adapt and get better along the way.

So the first example: eHow. I wrote for eHow's now defunct writer's compensation program when I was just getting started with online writing, and it did very well for me. With around 150 articles I made about $160 to $190 a month every month, with the majority of that income coming from the last 30 articles I wrote. The reason was that when the original version of the 4HWW came out I listened to the audio book, did the 80/20 looking at which articles and topics were making money for me on eHow, and then my last 30 were only on those topics. All of them made at least a couple bucks a month, while some of my highest income articles came from this batch. In fact, I would say those last 30 averaged $4 a month each with some higher and some lower, as always.

This might not sound like much, but based on the subject matter that was doing good for me, I had a list of over 600 more topics which based on my research would probably have evened out to the same $4 an article per month rate. But I was also writing for Squidoo and for HubPages and for Associated Content and for my former employers and on Blogger blogs and building my own sites and pulling myself in a thousand other directions. Then the WCP closed.

Between when I had the article list and when the WCP closed was three to four months. In that time, I could have easily completed all 600 articles which not only would have led to several thousand a month in passive income for another year or two, but when Demand Studios decided to buy out articles, the buy out would have been worth virtually a year's salary as opposed to the almost one month's income my buyout was (I can't disclose actual amounts due to the confidentiality agreement). One month is nice...but imagine what I could do if I was holding a payment equivalent to 10 months or a full year? I could outsource for entire mega-sites, pay off a lot of outstanding debt, and work on anything I felt like for several months knowing all my bills were taken care of. Or I could even buy several aged sites already earning passive income and continue to build on them. The point is that instead of staying spread out, had I taken those three months to just "kill it" on the eHow articles not only would I have made far more passive income the past couple years, but I'd be setting myself up for an early retirement right now investing the severance payment.

That's one example where I should have really busted my back to completely finish off that list and to get up to a decent income as quickly as possible - then I could have spent a lot more time diversifying when I didn't have to worry about bills or anything else on a month by month basis. By delaying, I missed a golden opportunity which turned out to be two (when including the buy out).

Then there's HubPages. While my last blog post on Hubpages being finished might have been a touch premature...although I'm still not convinced it isn't...there was a time not so long ago when it took very little work to get your hubs to rank ridiculously high for any decently researched keyword. So what was my missed opportunity here?

Once again it was seeing the power they had, and not focusing enough energy on HubPages while they were extremely profitable. While the Panda slap would obviously still hammer me, there's still a good reason to see this as a missed opportunity. I was making about $350 a month from one HubPages account and $250 a month from another account. $600 a month isn't bad, but I was averaging only about 7-10 hubs a month with my attention split in multiple directions all at once. The $600 a month came from 200 hubs, but once again the majority of the income came from 50 hubs, many of which were some of my newest at that point. Had I focused first and foremost on hubs, there's no reason I couldn't have produced 100 a month for a few months. In three to six months, that would be near a full time income (on the low end).

While Panda would smack that number down like it did with the hubs I had, there's a very good reason I still should have put more work right into the HubPages when they were ranking so easily: because even at six months or one year earning a full time passive income I could spend all my time on diversifying, on building my own sites, or investing all my actual freelance writing income back into my own business. In other words, the gain I could have made in those months would have really pushed forward my business and my passive income even before the Panda smackdown.

Add in the new Hub Ad program, and the bounceback with 500 more hubs than I currently have and even now I would still be in better shape.

Don't get me wrong, I'm doing fine when it comes to building my residual income and my recovery from Panda is going great. In addition, I'm making more freelancing than ever which definitely makes things easier. But the point remains: I could already by at my goals, be sitting on a year's pay from a buy out, and still be a couple hundred a month more ahead right now had I taken advantage of those two online opportunities while they were there for me.

Now there is one extremely important point to make when talking about putting most of your energy into one source: I wouldn't just stop and rest on my laurels. I would take advantage of the situation to diversify AFTER getting my full time income, then with my freelance income I would invest in my business to diversify FURTHER. I'm just saying instead of spreading yourself too thin and spread out early on, get your money and your income and then with your renewed freedom and extra income you diversify.

The point is, when you're writing for multiple sites, or maybe you're setting up multiple sites for yourself, look for that opportunity. When it shows itself, don't be afraid to take advantage of it. Work your butt off, race to your monthly passive income goals as quickly as possible, and don't worry about diversifying until you get to your goals. While some people might find this controversial, the more you think about it, the more it makes sense. Diversifying is what you do to protect income, but until you have a major income to protect, what's the point?

Right now for me this means taking advantage of what The Keyword Academy has to offer, building my own sites while they are ranking the easiest compared to Web 2.0 properties, and jumping on the BMR train while it's still showing results. If there's one thing the past few years of online freelance writing has taught me, it's to take advantage of every opportunity!

Monday, May 30, 2011

The Keyword Academy Review

Reviewing the Keyword Academy

This blog post is probably way past overdue, but with the now infamous "Panda Update" from Google and a little more time to see how some of the so called "content farms" panned out, there's been plenty to do and test. And seeing how everything works now, I'll be the first to say I was wrong with one of my last posts: HubPages is good for nothing other than backlinks now, and you shouldn't spend a lot of your time putting original content on their site. But I'll get to more on that in a bit. The reason I want to review The Keyword Academy now is because based on what I'm seeing, honestly the best way to make passive income is to go with your own site. It takes less effort now to build your own site in the rankings than it does a HubPage or a Squidoo lens...so why split the profits with someone else for your hard work?

Many of the advantages that Web 2.0 sites used to offer are gone or highly diminished. At one point I had no problem with advocating that individuals start on HubPages, learn how Internet Marketing worked as they wrote hubs (which was so powerful as to virtually guarantee rankings in the search engines) and then made some good quick money on the way to learning everything you needed in order to apply those lessons to your own websites. But based on what's happened since the now named "Panda Update" and perhaps even more importantly HubPages reaction (and that second one is truly the key), I don't believe they'll make a bounce back any time in the near future, and the fastest way to success is now through building your own website, BUT you need to understand exactly how to do it the right way.

This includes understanding:
  • Keyword research
  • Website set up (including the best WordPress plugins)
  • Backlink building time line and strategy
  • Monetizing methods
  • Importance of consistent work/effort
  • Knowing how/when to test ad lay outs
The reason I gladly promote The Keyword Academy (and yes, these are affiliate links but as I've said before, I don't put in an affiliate link unless I believe in it - notice the lack of HubPages affiliate links in this post) is because they teach all this in really clear video tutorials in addition to providing a wide range of services to members which really makes making money online much easier. In fact, if you're getting into Internet Marketing and you're competing against Keyword Academy members, you're at a huge disadvantage. So buckle in for perhaps the longest Keyword Academy review on the net.

Introducing the Basics
There was a time where I hesitated to recommend this program to pure beginners since I've been in a place where $33 a month seemed like a major investment, especially with another $12 for each domain name and another $10-12 a month for hosting. Especially early on when you could build up $100 a month in a few months using HubPages or writing eHow articles. However, now after a lot of testing the quickest way to get rankings is your own website, and that changes things drastically.

For the beginners, the keyword academy has a clear "First 100 Hours" plan which basically takes your hand and helps you go step by step through 100 hours of work to get you on the right track, get you building niche sites that rank, and earning money. This is a very labor intensive business, so having a 100 hour guide is a great help to beginners who can just look down, work the next step, and start seeing results as quickly as possible to keep from becoming discouraged.

In fact, there's even a "New Members Welcome Page" to get you all the e-mail support you'll ever need and to point you to the most important lessons for beginners to start out with. The e-book in the members area has chapters that come in both print and video form, giving you a very effective tutorial ranging from the attitude and perspective you need to succeed to specifics about setting up websites and videos giving all the technical details for those of you (very much like myself) who are absolute dunces when it comes to the technical side of things. In other words, you can re-watch set up videos again and again to make sure you learn how to set up a new WordPress site inside and out. I can't over emphasize just how easy and simple they make it for people to learn absolutely everything you need to set up your online websites and to build the rankings you need to succeed.

The Niche Refinery Tool
The niche refinery tool is one of my personal favorites among any online tool I've ever used. This tool uses the mathematical formula the Keyword Academy teaches to determine the value of keywords, but instead of having to hand check every single keyword and run the mathematical formula over every single keyword (a process that could take many many hours if you were checking out 100 keywords), the tool allows you to import several hundred or even thousand keywords from the Google AdWords tool and allow the program to run through all of them while you go and write content, gather new keyword lists, or do something else that's productive.

The information is then given to you in a spreadsheet format where you can organize all the keywords by difficulty level (judged on a number scale from 10 on up) or on the projected value of the keywords. These can be arranged from lowest to highest or highest to lowest, making it very easy to analyze the information and target the easiest keywords first, followed by the ones with the highest money making potential. This tool allows you to run multiple lists of keywords at once, meaning in one day you can easily run enough data through the tool to find more good keywords than you could possibly work on in an entire year.

This tool is not only an incredible time saver, but it saves on the tedium of having to do all the keyword research by hand and makes it very easy to see what keywords in a niche are the most worth going after, and what the "low hanging fruit" are that should be easy to pick off and gain rankings for. This tool alone is worth the monthly subscription, IMO.

The PostRunner Tool
The PostRunner tool is definitely the crown gem of The Keyword Academy's tools. Anyone who has been in SEO or Internet Marketing for any amount of time, or found a single accurate resource on the topic, knows the importance of backlinks. A few years ago outside of article marketing or investing the time and money to create your own long list of websites, getting those links could also be very difficult and very time consuming. The PostRunner tool puts hundreds, if not eventually thousands, of different blogs and websites at your disposal who accept guest posts. These are spread across hundreds of different hosting IPs, different hosting companies, and belong to over a thousand different people. In other words, it's a blog guest posting service on steroids, and unlike article marketing which only allows side bar links, most of these places allow two keyword anchored backlinks in the post - which are the most effective backlinks and also the hardest to get.

There are hundreds of niche sites which only take posts on specific topics, and as anyone who has been working towards passive income online knows, those types of links give the highest amount of benefit when it comes to ranking in the search engines. The site owners get free content in the form of articles, while you get two backlinks per article to your own sites.

Whether you call it guest blog posting on steroids or article marketing on steroids, the ending result is the same: you have hundreds and hundreds of sites at your finger tips just waiting to give you a perfect keyword anchored backlink. This tool alone is worth twice the monthly fee for the entire Keyword Academy, and a push for more niche sites and more high quality sites means that PostRunner is going to remain an extremely effective tool for ranking in the search engines.

Many people (including myself) have ranked niche sites in the top 10, top 5, or even the top of the search engines only using PostRunner and nothing else - including myself. This is an extremely effective tool, and if you combine it with article marketing and a few link exchanges then you might be amazed how quickly you can effectively rank a niche site high in the search engines and get those AdSense clicks or Affiliate Commissions coming in. You also have the ability to add your own sites to PostRunner and thus take advantage of the free content people are willing to provide.

Streamline and WorkTracker Tools
As if those two tools weren't already more than enough to justify The Keyword Academy's monthly membership cost (which really is pretty ridiculously reasonable for what you get) there are organizational and motivational tools as well. I know for me personally a chart tracking my daily word count really does encourage and motivate me - as odd as that might seem. Using the Work Tracker is simple: put in your daily word count and the graph charts it on a seven day rolling average while also telling you how many words you've written in the past month and during any of their publishing challenges. You can also join groups and make your graphs available to a number of other TKA members. This can be a great motivational tool for a group as you can compare your publishing rates to those of others in the group. This can be a great motivation to publishing more, and to prevent you from taking a few days off knowing others will see those 0 word days.

Streamline is a neat set up which allows you to assign main keywords and cousin keyword to the websites you're working on. Streamline keeps track of these, keeps track of how many articles you've written and how many keywords used, and then can be used to create a "Project Task List" which will show you how many more articles to write for each term as a basic start, and lists them so you can refer to it as a list of which articles to write next. Streamline keeps track of how much work has been done and shows the % completed for each cousin keyword and main keyword. If you tend to get overwhelmed when there's a lot to be done, this tool gives you the ability to make a very clear list telling you exactly which articles should be next and how many more are needed.

For the organizationally challenged, this tool along with Work Tracker, can be a life saver.

Webinars
There are monthly webinars provided from TKA (and if I call it KWA at some point it's the same thing, just and odd eccentricity of mine) which can cover everything from "what to do after 6 months," "how to hit the next level," or other strategies about link building and the importance of getting the most out of your PostRunner site. In other words, the excellent teaching and content doesn't stop once you sign up, there's new information and training coming every single month and you're getting trained by people who know the Internet Marketing process through and through. I attend most of them because I know there's always an additional nugget or bit of information that is going to help speed up the process for me.

The Forums
I'm with many people in this business who argue that forums can be one of the greatest time wasters of all online activity. That being said, a really good forum can also give you access to expertise, support, and ideas which speed up your ability to make a living online and give all the support you need to make it through the tough times. In my opinion, the TKA forums are the latter, as you will find many people on there making $10k to $20k or more a month who are still more than willing to give advice on how they did it, help out newbies, and also provide alternative information like other methods of getting ranked in the search engines, how to sell an e-book, or many other issues. While you should spend only a little time here and most of your time writing content, the forums are an invaluable resource and even provide an "Inspiration" thread with tons of stories of how KWA members started at $0 and made it to $1,000 a month or more. It's a great addition to the whole KWA bundle.

The Trial Period
Oh, yeah, the first month is free and you have UNLIMITED access to The Keyword Academy during that time. You can use all the tools, gain backlinks, do your keyword research, and if $33 a month just isn't feasible at that point (and I've been homeless twice so believe me, I understand) then you take your information, move on, and come back when you're stable enough to afford it. If you stay, the price is $33 a month although discounts are available if you choose to buy a yearly subscription which is $396 for 14 months, or basically 2 months free when you pay for 12 months up front. Either way, it's a very good deal.

Contests & Awards
There are often 3-4 publishing challenges a year, and these challenges often have multiple awards given out through drawings. You get so many entries into a drawing often based on number of words published, number of days you publish, or other similar measurements. In other words, the more you work on your business, the more chances you get to win a prize on top of everything else.

What makes this especially intriguing is that the prizes include $1,000 cash prizes, year long subscriptions to TKA, or even free credits to article writing services. All of these can be an enormous help to speeding up your Internet Marketing Career, and you get a chance at these prizes by working to build up your own business: that's about as win-win as it gets.

Affiliate Program
Current subscribing members to the Keyword Academy can enroll in the affiliate program, which pays very handsomely. For each person who signs up for the Keyword Academy through your affiliate link and stays subscribed, you receive 35% of their monthly dues, which comes out to $11.55 a month. So if you get a mere three people to sign up and stay with TKA, that will pay for your own monthly subscription.

So Final Thoughts
This is by far and away the most commercial blog post I've ever written, and will probably stay that way. However, if you want to win in the online world in making residual income, this is the way to go. I have tested out a lot of products and membership sites online, and several of them were very high quality but at the end of the day, this Keyword Academy review hopefully explains what I honestly believe: this is the best possible program online for Internet Marketing for both beginners and even for the experienced. This program brings years worth of education down to easy to understand videos and lessons that can have you on the right path in days. That's why I strongly suggest if you haven't become a member that you start out with The Keyword Academy Trial month.

I have more to say on why I've changed my mind about HubPages and why I would suggest a completely different strategy for building an online passive income now than I did 12 months ago. That's because this is a changing game, and while I'll get into more of that, I'm going to end this post as a Keyword Academy review and hit the rest later.

Sunday, January 16, 2011

Writing for Passive Income: Small Steps for Big Goals

Small writing steps equal giant passive income results

Hard to believe we're already 16 days into the new year, but here we are! January 1st is a day when we all make goals and resolutions for our "new start" and then generally completely forget about them until months later when we get that "it's too late now" attitude. Freelance writing and writing for residual income are two areas that can make it very easy to fall into this trap since so much work is required before seeing any pay-off. Many writers become overwhelmed, and it's easy to try and convince yourself that reading 5 blog posts and doing some keyword research is a lot of work. It's not. I'm not preaching at you, I'm still often guilty of the same thing. So this is the first update, along with a very happy and special announcement at the end :)

In my last freelance writing blog post I talked about setting some of my own goals after realizing I needed to become much more efficient to reach my goals, and after getting some inspiration from re-listening to Timothy Ferriss's The 4 Hour Work Week (love it - and that is an affiliate link), getting re-charged from vacation, and also being inspired by Kidgas's effort to triple his online income. It's been a very effective trifecta for me and I put down my own goals and dreams, although in a more abbreviated form, and swore I was going to work my tail off to get them.

So how am I doing at this point? All in all, actually quite well. I'm especially impressed considering that I'm split working in multiple directions, no matter how much I wish it were otherwise. I have to drastically increase the amount of freelance work I'm doing to pay for a wide variety of medical bills, lawyer fees, those annoying student loans, and some other major one time (I hope) expenses that are all coming up this spring. In addition, ideally I'd like this to be the first year I'm going to buy a house and get out of the country for the first time in 12 years. So there's the freelancing....then there's the building the business my brother and I are starting, which is almost like three different business focuses in and of themselves, then there's my actual passive income I want to work on...which comes from multiple sources.

In other words, I'm ridiculously busy once again, even with 80/20 applied to my life. Still, I've made some very good progress and based on everything going on, my freelance and passive writing goals are going well so far. Just this weekend I published six new HubPages for myself, with some backlink work to each, finished $400 in freelance work and produced seven hubs for my brother and I's business, all also with backlinks. The outlines to a few e-books are just about complete and I have a very clear idea of what lies ahead for the next couple months. In the first two weeks of January, I've gotten about as much done as I did in any full month last year.

So why is this? Because I didn't let myself get overwhelmed with the sheer mass of things to do. Every single thing that needed to be done, I broke it down into the smallest, easiest steps possible and then I focused only on those small steps. Yeah, I'd love to write 100 new hubs in the next few months, and in my 100% dream scenario write 1,000 total hubs on HubPages this year (BTW - if you are completely new to the make money online or make passive income online, start by signing up with HubPages and making hubs there as you learn how to rank your pages and monetize them. HubPages is the best beginner's place to go by far, IMO).

Will I achieve that goal and many other equally as ambitious? I think so. 1,000 hubs is a huge number and if I try to think about it that way, it becomes overwhelming. What if I fall behind for a few days, how will I come up with 1,000 ideas, how will I find the time to check all those keywords, how will I have time to backlink them all, etc. It doesn't take more than a couple minutes looking at the big picture before it's sheer size is enough to crush you. So I don't worry at all about 1,000 because there's no point to doing so.

There are ALWAYS more markets and topics to write about, and one thing I do have now is a couple hundred good keywords. So I'm working on those one at a time, two to five a day depending on all other surrounding circumstances. Over the course of a year, this will add up to 1,000 hubs or mighty close enough and without the stress, worry, anxiety, and everything else that would come with trying to plan out every detail from the outset. I've also known from watching other people, as well as observing myself, that when you focus on the big picture and try to get a handle on huge goals or huge problems, you tend to not only NOT control the situation, but you get far LESS work done than if you just took the "I'll do 1-4 a day and not worry about the rest" approach to it.

I don't think about having to pay off those $10,000 or so in medical bills early this year, I just think about making an extra $30-50 a day above my average freelancing workload, and over the next half a year that will take care of itself.

Whether you are reading this as a freelance writer, or an internet marketer, or anywhere in between of those two broad terms, then maybe you'll agree with me when I say this is one of the most important lessons I've learned over these past few years: we are our own worst enemies because we overwhelm ourselves so much that we end up accomplishing so little.

The choosing to go for 1,000 hubs this year while doing the backlinking on my existing articles and websites is a decision I made very recently based on a stark observation I made on myself. Back in the winter of 2008 when my job in Austin, Texas, just disappeared, I tried to plan ahead, figured I had 4 months of expenses barring anything going wrong (which it actually did in spectacular fashion, but that's a story for another day), and I was trying to plan looking at the big picture without thought on how to get there or making goals that I couldn't actually directly affect (an example: make $3,500 by March - that's a terrible goal because it doesn't give any clue for as how to get there. A goal like "write for Demand Studios or Guru.com 8-10 hours a day" at least gives me a clear idea of what to do). Obviously even with the terrible economy and hugely changing markets I made my way back and then some, but then the thought hit me: what if I had just wrote 1 single HubPage, 1 single eHow article (until eHow was closed to writers), and 1 single Squidoo lens a day?

That's well under 8 hours of work a day, and on a good day is less than 3. The answer: I would have nearly 500 more HubPages, 500 more eHow articles, and 700 more Squidoo lenses than I have now. Based on the average of what each of those earns me, we're talking about over $2,200 in complete passive income more per month. That would have me in "semi-retirement" mode, living extremely comfortably and in position right now to only work on what I want to do and nothing else while traveling at will.

So how have I worked my butt off for three years to not be at the same place where 1 hub, 1 eHow, and 1 Squidoo lens a day would put me?

Because I made the same mistakes that many other people in this position have made, continue to make, and will continue to make. I didn't make room for that minimal daily effort like I should have, even when "life happened," and I was too easily overwhelmed and distracted by the large goals or big picture to get the daily work done. I'd recommend taking a good long look at your own efforts and see if the same is true.

This time around, I'm not going to make those same errors. This year, there is always time day to day to work on the hubs, to work on the supporting links, and to make sure that by the end of the year there aren't any more years doing work for others that I don't care for. Day by day I concentrate on the good and hit it out one step at a time, one page at a time, and don't worry about the big picture: because that will take care of itself just as long as I keep steady.

Now, the very happy and special announcement: most of you who know me personally or follow this blog know my overall feelings about graduate school and the years of my life wasted there. We'll keep it very understated and say that my overall experience was less than stellar. That being said, there were a few incredibly cool people I met during my time up there who have been very close friends of mine and like family. My life has been permanently blessed and made better simply from having known them. One of these people is Ashley Cowger, who consistently was one of my favorite writers in the program. She started her first year in the MFA program in Fairbanks Alaska when I was finishing my third and final year. Her brother, Justus Humphrey, is a good friend and actually put me up for a brief six week period when I would otherwise have been homeless during the winter in Alaska. Still very much obliged, bro.

Both are remarkably wonderful people, and both are great writers, as well. I'm happy to announce that Ashley's first novel came out this week: "Peter Never Came." I'm waiting for my copy to arrive in the mail, and the next 10 I'll order for friends and family who love good stories and good reading - and even without seeing an advance copy, I can tell you from seeing a dozen plus of her stories or more that I WHOLE HEARTEDLY and without reservation recommend her book. Ashley was an incredibly talented and hard working writer when I first met her, and she continued to get better and better. I can tell you right now when that book shows up, I won't by doing ANY work. I'll be kicking up my feet and enjoying some great fiction.

It's a small press publication and a collection of literary short stories. If you want to read great fiction, buy Peter Never Came. If you want to support an amazing collection of short stories, buy a copy of the book. If you want renewed faith in an amazing up and coming young writer, read Ashley's book. If you love supporting quality literature from a small press, buy this book. Here is a link, it is NOT an affiliate link: http://www.amazon.com/Peter-Never-Came-Ashley-Cowger/dp/1932870466/ref=sr_1_1?ie=UTF8&s=books&qid=1295243965&sr=8-1

I've tried to think what I could do to encourage people to buy a copy of Ashley's book, and I think I've come up with something. This is going by the honor system, but there's a good group following this blog so we'll do this on the honor code. Over the next month I'll be putting together a guide on freelance writing & earning residual income online. This isn't an A to Z complete guide, but it will include a lot of my "tricks and tips" for making passive income, how to set up a HubPage that converts (the set up is huge in determining whether they make money or not), how to maximize results from your online work, and basically sharing my tips and knowledge from six years online in about 20 pages. It's not an encyclopedia of knowledge, but if you're a beginner or just getting started, this will speed up the learning curve quite a bit.

Buy Ashley's book, e-mail me at masterdayton [@] gmail.com with the words "bought Ashley's awesome book" or "peter never came" or anything along those lines. When I'm done with my guide, anyone who buys Ashley's book and sends me an e-mail gets the guide for free. I'll e-mail it right to you.

I'm not going to give a BS sales pitch with a fake "valued at" number, but I will tell you that this is going to have far more value than most of the multi-hundred dollar e-books out there. Hopefully that deal will help move a few more copies of Ashley's book, and I really am ecstatic over her recent success. Sometimes good things do happen to good people.

Hope ya'll liked this post. Now I have a couple more hubs to hit before bedtime, but keep on keepin' on, devote some daily time to your business, and if you enjoy a good book, grab a copy of "Peter Never Came" to celebrate the emergence of a wonderful writer.

Tuesday, November 30, 2010

Freelance Passive Writing Income: And a Vacation Update

Passive Writing Income Opens Up the World

Well this should be an enjoyable post. I've just finished my third week of travel/vacation out of four, and after a week enjoying North Carolina and then Tampa, Florida, this week is already up and kicking in Las Vegas. And we're not talking New Mexico here, people. While I've attempted to start this post several times in the past week, well vacation has been great and there is always a lot to see in the city, so the tenses of this post might not completely match, and I'm going to try and be a little bit less long winded than usual since I am on vacation and there's so much more to be out doing and seeing. But I figured it would be nice to get in one freelance writing blog post before Christmas.

This has been somewhat of a work vacation, as I've put in about four hours of work every Friday, but many days on vacation I haven't done any. And on some of the other days, I've only worked a couple hours a day, using free or rented Wi-Fi and a laptop to get online and type some articles, or use my Dragon Natural Speaking Software (this is an affiliate link, but I strongly recommend this software after a couple months of use and will be doing a more in depth review on it later) to really get some done quickly in a shorter time. So it might not be a 100% no work vacation, but I haven't worked more than 8 total hours any of the last four weeks, and the reason this is possible is not only because of a little bit of savings, but because of the way that passive income opens the door for this type of trip. In a limited way, so does freelance writing since it only takes a laptop and Wi-Fi, but then you have to work a lot more on each week of break than you otherwise would.

During these four weeks I've received over $300 from Google AdSense, $250 from Amazon's Affiliate program, $150 from my eHow articles, $90 from Yahoo! Contributors (formerly Associated Content), $13 from Suite101, $125 from Squidoo, $40 from eBay and $700 from other various sources of passive or semi-passive income. Taking a month long vacation is much easier when you're receiving $1,665 from work that you've already done while on vacation - and it definitely helps you to stretch out the savings. This is part of the reason I so adamantly believe that all freelancers should spend some time building up their passive income streams. The number of hours or days I "have to work" shrink dramatically when a flow of money is coming in from various resources. Even the number of days you can qualify as "I should work, but I don't really have to" also shrinks dramatically when enough money comes in to pay the bills.

This also makes traveling more enjoyable. What stopped me the most early on was that I spent way too much time reading and trying to learn everything there was to know instead of actually building blogs, writing articles, and building sites. And when I started Grizzly's famous make money online for beginners blog was available as an excellent resource, before Google and a few jerks (you know, the ones who try to ruin everything for everyone) hammered away until it was no more. Even if that blog was still available for all of you, it would be a bad idea to do too much research and not enough doing.

There are several reasons for this, not the least of which are:
  • Online marketing and passive income changes constantly. While the basic cornerstones remain the same, there are constant changes in how pages are ranked, what links are most effective, and other tweaks to the best ways to rank pages and make passive income. Because of this, you can NEVER learn 100% of what there is to know before getting started.
  • You can always learn while you are setting up money making pages. Not only is this smarter because you will learn the most by actually doing, but instead of sitting on the sidelines you will be beginning to make the articles, HubPages, and websites you need to build up your passive income.
  • Age matters. The older a website or article, the more authority it has in the search engines and the easier it is to rank on top. So the sooner you get started, the sooner your pages will age and the more they will make for you.
  • Did I mention that actually doing is the best way to learn this business and you can fill in the details while you're writing online?
  • Passive income is partially a numbers game. The higher the numbers, the more winners you are going to have, the more money you will make, and the more likely you are to have a large number of articles or pages that you can tweak to turn into good earners once you learn more about passive income.
  • Paralysis by Analysis is the most common thing that stops people from making it online
  • And finally, almost everyone I know making passive income states that their one big regret was not jumping in and getting started sooner or waiting too long before starting, or something else along those lines.
One of the great things about writing for passive income online is that you get to correct your mistakes and improve your sites down the line. You don't have to ever be perfect, and certainly not up front.

Use that information to encourage yourself to get moving. You can always revise your HubPages later, move ads around on your blogs and websites, and write more articles that are better focused. You're not going to get hurt earning online passive income because your articles or pages aren't perfect when you're starting out. At least by having pages out there you have the ability to earn - someone with all the knowledge in the world and 0 sites is worth $0.00. A person with a badly put up site with no good keywords at least has an outside chance at something.

So this is one of those basic "motto" posts which can be summarized easily: get started and work consistently. If that means something as simple as only one HubPage and one InfoBarrel article a week and one Ezinearticle to both, then so be it, but put in the work. It's worth it, and you'll be glad you did down the line. And if you're ready to really invest in your business, then read this Keyword Academy Review to get a true sense of where the next step is for the true beginner.

Wednesday, July 28, 2010

How I Turn Demand Studios Rejections Into Passive Cash

Rejected Demand Studios Articles Can Make a Mint if You Know What You're Doing

One of the most important aspects of creating a successful freelance writing career is knowing how to get the most out of your articles, and knowing how to ride through the rough spots. I've made no secret of the fact that I'm a fan of writing for Demand Studios as a way of supplementing a writing income, especially for beginners, part-timers, or college students. Even if you're not particularly skilled at typing or researching, you should be able to write at least one article an hour, which translates to $15 an hour at a minimum. If you're very good at quick research, typing, and writing to format, there's no reason you can't make a lot more. When I'm really distracted I make about $22.50 an hour. When I'm not distracted, I make $30-$40 an hour. If you're other option is unemployment, or if you're a college student saving up an emergency fund, that's not bad scratch.

But I'm not a sunshine pumper, either. I try to be as honest as I can about what a freelance writing career is like, and to give the pros and cons of various freelance writing resources that are available online. Because of that, I'll also fully admit that Demand Studios can be a complete and total pain in the ass. And by "can be" I mean "eventually will be." You can count on that just like death and taxes.

Normally revision requests from the copy editors are reasonable, and early on it's a little bit more of a headache as you learn the guidelines and nuances of each form. But sometimes there are just completely off the wall or unreasonable requests from the CE that make it abundantly clear that the article is no longer worth your time. For me, this falls into the 8%-11% range, depending on the month. That includes articles rejected after revision (>1% in my case) or articles where I abandon the rewrite because it's either impossible or not worth my time (7% all time, about 12% in recent months).

To give you an idea of what my overall stats for Demand Studios are:

Approved No Rewrites: 74%
Approved Rewrites: 18%
Abandoned Rewrites: 7%
Rejected Articles: 1%

And that's from over 700, almost 800, articles so it's a pretty solid base of comparison. So the question comes up, what do I do with the abandoned rewrites? I hate wasting time and research, and 65 articles adds up to quite a bit of writing and research that I'm not getting paid for. Rejected articles the text stays there for you to copy, but abandoned rewrites disappear, so make sure to copy and paste your text into a notepad or word file so you don't lose it. There are a few strategies you can use when dealing with an abandoned rewrite or rejected article:

  1. Throw a hissy fit, refuse to work anymore, and not make any money (not recommended).
  2. Just move on with life and forget about it (fully acceptable, but still wastes that time and effort you made on those articles)
  3. Use Demand Studios' keyword research on the article and take your information to your own blog, InfoBarel, Xomba, Squidoo lens, or HubPage. (CHA-CHING!)
The ONLY obligation you have as a writer based on the Demand Studios contract is to NOT use the EXACT title of the article. That's it. All that information and research belongs to you, so if you want the most out of your article rejections at Demand Studios, look at it as a chance to build up your passive income.

We can sit here and argue about how effective Demand Studios really is in finding profitable markets and doing keyword research and all that jazz, but the point is that DS is willing to pay $15 or more for these articles because they believe there is money to be made. So if they're not willing to pay you for your work, then you mine as well profit from it yourself!

Some recent examples for me:

Speargun Regulations becomes Speargun Fishing Regulations
Russian Restaurants Near Worchester, MA becomes Worchester MA Russian Restaurants
Flathead Catfish Fishing Tips becomes Flathead Catfish Tips or Tips for Flathead Catfish Fishing or Fishing Tips for Flathead Catfish

See the difference? This is all legal based on the agreement - just change the title of your article or HubPage to use the same keyword but a different order. Then you can expand on your article without having to worry about all the really annoying restrictions that DS puts on the articles and how sources have to be cited, and you can use that blog of the guy who has been a professional fill-in-the-blank for 20+ years as a source that you couldn't use for DS because it's a blog, and therefore unreliable as a source.

So write for Demand Studios, and make a lot of money doing it, but when a rejection comes along or you think a rewrite request just (for whatever reason, and there are many) just doesn't work, go over to HubPages, open an account if you don't already have one, and put your articles up there. Throw on some Amazon and eBay modules that can earn you affiliate commissions, add your AdSense code, and enjoy the extra passive income you can earn from all of these sources. If you don't want to put up a whole HubPage around a subject, consider editing the text to make a good InfoBarrel or Xomba article. Each of these still gives you the opportunity to make some AdSense income from your work, which is far better than just throwing that time away.

Personally, I make a HubPage out of most of these articles, as I find the topics are ones that a HubPage can rank well for, especially when I double the text, add some links, and set up a good hub around the topic. In fact, it's almost a guarantee that you will outrank whatever article they eventually approve on the topic, even if you do an absolute minimum of backlink and SEO work. This is why I don't let unreasonable rewrite requests from Demand Studios get me down anymore. If I receive one (especially when it's obvious I know 100x more on the topic than the CE calling me out), I simply go to HubPages, create a new hub, and then gather some basic backlinks later on when I'm working on building my passive income.

Some of those hubs have made a little bit of income for me, several have made nothing. And one or two have done very well and consistently bring in per month about the same amount that DS offered me upfront for those articles. Just like with any online venture, some work really well while others bomb completely. But at least this way my words don't disappear into oblivion and all that work goes unpaid. It's making the most out of a given situation, and even better in my case it means that 10% of my freelance writing time ends up becoming passive income work that will keep working for me long after the initial pages are up.

So for those of you writing for Demand Studios because you need the money, and who are frustrated by the rejections or the rewrite requests that are too ludicrous or time consuming to even consider, then build up your passive income. If you haven't been building any passive income before now (bad writer - hit yourself on the head with a newspaper), this is the perfect time to open an account on HubPages, get approved for Amazon affiliate, eBay affiliate, and Google AdSense, and start building passive income. Even if this wasn't your original intention, if you write 50 DS articles a week and abandon even 5% of the articles (way less than I abandon, btw, and I make what amounts to a full time living from DS) then after 50 weeks of writing over the year you would have 150 HubPages earning passive income for you. It doesn't take long for just a little bit of backlink work to turn that into an avalanche of passive income.

So that's my advice for you guys today. It's a great way to write for Demand Studios for freelance writing income now, for building passive income for the future, and to set yourself up in a way that the occasional rejection or really unreasonable rewrite request won't get you down - but can actually end up exciting you as it gives you yet another 300+ word head start on your next passive income page.

So keep writing, guys, and as always I look forward to hearing from you! Keep following the dream.

Sunday, May 30, 2010

Residual Income Freelance Writing: Made A New AdSense Mark!

Hit the $200 AdSense Mark

This has been a pretty good day for me, as this Sunday marks the first time I have reached the $200/month using AdSense. I'm all about celebrating the small achievements and enjoying the little victories, although in honesty this doesn't feel very small at all! I have been using AdSense for just under 2 years, although the first 3 months I did next to nothing, and I've never been able to work a full time schedule on my residual income - which definitely has hindered progress.

That being said, this freelance writer is thrilled with hitting that mark, and still having time to pass it by even more before the end of the year. While because of the TOS I can't give information like CTR, average CPC or things like that, I can say that without giving any numbers I am allowed to tell you what my personal income percentages have been this year. Breaking down the amount for average per day, my worst month this year saw an 8% increase in average monthly income from AdSense alone, and I'm averaging 14% growth in income from AdSense every month, and this month is already looking to match that average, unless tomorrow is the worst AdSense day I've had since 2009. I'm betting I'll be fine.

Part of the freelance writing and Internet Marketing process is learning how to enjoy the small victories, and being able to get fired up about them. After all, $200 as a number isn't a big deal at all. I can easily make that in a single day, on any day I have an Internet connection and choose to do so. But $200 for a month in AdSense is a pretty good mark, and I've done the most work by far on my passive income the past three months and change. This is doubly exciting, because as people who have been in the residual or passive income for very long know, you reap the benefits of your work months or even years down the line. If I'm seeing 14% average jump for 5 straight months and counting, just how much better is my AdSense income going to look by the end of this year? Or the end of 2011?

This doesn't mean I've just hit $200 in passive income. I've been over that number for quite some time, but AdSense is by far and away one of the best models for getting serious residual income - the type that leads to a 4 Hour Workweek lifestyle and serious full time online passive income. So while have a diversified income stream is always a good idea, the quicker AdSense gets to a full time income for me, the more quickly I can diversify my income and spend all of my time on projects and work that I'm most passionate about.

To give a screenshot of what just a few of my passive income sources look like for this month, and these are approximates since it's not the end of the month yet:

Associated Content PPV Bonus: $37.00
Constant Content Referrals: $30.00
eHow earnings for May: $118.00
eBay affiliate earnings: $32.00
Amazon affiliate earnings: $38.00
Squidoo $75.00
Google AdSense (app.) $214.00
Other $485.00

I'm not putting this up to brag (okay, maybe a little), but hopefully to encourage people to see that there are a lot of options out there, and if you start out knowing absolutely nothing but stubbornly work on while very slowly (because some of us are better workers than learners, myself included) and you try to learn, no matter how long it takes for it to make sense, then even on a part time basis of only a couple or three hours a day, you can get to this point.

In fact, there's more here not listed. I occasionally get a check from Commission Junction, just not every month. Ditto with Clickbank, ejunkie, Elance, and a couple of other programs I have an affiliate account with.

The beauty of this? I know enough now to speed up how quickly I earn passive income with new articles, new sites, and new pages. This means it takes less work to get from zero to wherever I want to get to. In addition, the more passive writing income I make, the more bills I can pay with that money and the more of my time that gets freed up in order to work even more on my residual income projects. That speeds up how quickly I can earn more passive income, which then lets me outsource. Outsourcing increases the amount of work I can get done in a short period of time, more work = more money, and we're off to the races again.

In the first few months I used AdSense, getting a $2 day was amazing and rare, and it took me over half a year to go from $3 to $45 in AdSense. But I kept at it, I kept learning, and the few free moments I had from freelance writing and fighting my debt load was used to build the base for future earnings.

If there's any piece of advice I can give newbies, or the frustrated, it's keep at it. It took me 14 months to go from $0 to $100 in one month. It only took me 9 months to go from $100 to $215 (approximate). I bet in 4 months, 5 at most, I'll get past $300. In fact, this would happen much quicker if I didn't have so many other projects on my plate, but that is life. Still, reaching the $200 AdSense is a great accomplishment, and one that is definitely lifting my spirits and firing me up to sprint to the next obvious marker: $300.

So I wanted to take one post to demonstrate how important it is, in both freelance writing and in Internet Marketing, to celebrate the small victories. This is a good one for me, and I'll spend about 20 minutes enjoying a soda and smoking half of a congratulatory cigar.

After that, it's back to work again. Fame, fortune, and retirement won't make themselves happen :) If anyone you have a recent success, no matter how small it seems, share your victory. Creative writing or freelance. I know a lot of you are doing some very impressive things right now, so feel free to share, brag, and encourage!

Wednesday, September 9, 2009

Freelance Writing & Blogging

Friends Let Friends Blog Angry

I have to admit, despite a rough year that's still ongoing, I've really enjoyed this freelance writing blog recently. About two weeks ago I received a couple of thoroughly unpleasant and bitter e-mails from former acquaintances who weren't shy on hurling the insults. This led to an important decision on my part as both a writer and a blogger: should I let it go, or should I air out a public response giving my personal feelings on being a freelance writer?

I decided to blog angry, and my rant on being proud to be a freelance writer turned out to be the most well received blog post I've ever had - even though this writing blog has been around for over a year now. This made me smile. Not only did my angry rant hit a chord with many other people, but it doubled the amount of people following me on Twitter, flooded my inbox with positive support, and while 12 comments is a joke to many people - it doubled my old record. Even includes a great back and forth with Lissie from Passive Income Online. Despite her objections to the contrary, Lis is becoming something of a mini online celebrity for those of us who don't believe in A-lister bullshit and really want to learn how to make money online. She has a great sense of humor, and I've enjoyed being able to chat with her. It's good to have friends online.

Did my long ranting blog post give any useful information? In a round about way, yeah. First of all, at the end somewhere in those last two not angry sentences, a very important lesson about being proud of who you are and what you do hopefully came through. I'm proud to be a successful freelance writer. Any freelance writer who is not is going to quit. Really, it's only a matter of time. Just try telling someone you're an Internet Marketer or a Writer, and wait all of 0.2 seconds before seeing a sneer, an arrogant look, or a blank unimpressed face. You must have thick skin, and you need to be able to ignore the armies of naysayers who would LOVE to make you a little bit more miserable.

So I encouraged people to have a thick skin, to have confidence in themselves, and to have pride. It takes a lot of courage to break away from the masses and to work on making your own destiny.

Besides, as angry as I was, all things considered I was pretty mild. At this point, nowhere near Allyn Hane's Rant on Online Scammers. His language isn't even PG-13, so don't open that link at work :) But if you're not familiar with Allyn, he's a big time talent and his videos are really encouraging, as well as enjoyable. It's grade A stuff. If you're looking to move beyond freelance writing to the actual nuts and bolts of making money online (without ripping people off by flogging crap) then he's one of the guys out there you need to keep track of.

But maybe some of the best lessons from my last freelance writing blog post, which actually had very little to do with teaching about freelance writing, are the lessons that aren't abundantly clear. Why did this blog rant get me more followers on Twitter, a huge e-mail response, and a whole lot of comments from new people interested in past posts?

Because say what you will about blogging angry, but my personality definitely comes through in that post. This doesn't mean that all my other posts where I'm the kind patient teacher isn't true. I hope to help out readers who come to this blog. That said, I take pride in being a freelance writer, as the last post indicates, and in anger I decided to through down the gauntlet instead. I wasn't a jerk (well, not a complete jerk), but the rant was honest, heart felt, and the gauntlet thrown down. A lot of people apparently really appreciated this "in your face, won't back down, tell it as I see it" attitude.

After all, who hasn't had a day where they felt that way?

Who doesn't have a friend they love because he/she simply won't take crap from other people?

I think this is the tone that blog post really hits, and that's why it was really a hit. Remember, personality matters when it comes to writing online. This is especially true with blogging. If you don't know what your voice is, then experiment and learn what your voice is. Maybe it's calm but quirky. Maybe it's random and chaotic. Or maybe it's steady and open to teaching...you know, with an occasional roar when someone's picking a fight :)

The next post will be coming soon, and will really reflect a lot of the changes that have been going on with my business model as far as writing goes. During this last recession, normal freelance writing (which usually does very well during recessions) crashed in a lot of ways. Now more than ever, job to job freelancing is harder to do and has less security. Passive income by writing online and learning SEO and Internet Marketing - that should be the goal for every person looking at a freelance writing because that's where the security is.

Until then, thanks to everyone for reading, and remember:

Friends don't let friends blog drunk . . . but friends DO let friends blog angry!

Sounds like I'll have to do a spoof video in the future on that. Later.

Thursday, August 6, 2009

Master Dayton Blog Update

Master Dayton Blogging Update

Well it's been almost a full month since I last updated the blog, and I am sorry about that for the many people out there who I know have been following this blog and have been waiting for another post. I won't get into the personal details, but in the beginning of July we had to deal with a major family emergency/tragedy, and while facing this family always comes first. I won't go into details beyond that, but it's going to be very hard (God willing the worst any of us will ever have to face) and I will be continuing this blog because normalcy is like humor and faith - you need it most when it seems the most impossible to hold onto.

There has been a lot going on with the writing career that's encouraging. I think the freelance market is definitely beginning its turnaround. Things are still much harder than they were a year ago, but it's not nearly as bad as it was 6 months ago. Even though I did virtually no work at all in July, my residual or passive online income increased almost 70%. I took a few hours to study what I did at the end of June to see if there was something I was doing that might have explained that sudden surge. To my pleasant surprise, the answer was yes. While writing for many different websites, the numbers seemed to show me that in all my experimenting I had stumbled upon what potentially could be one heck of a winning combination - especially when writing for passive or residual income - which makes this particularly interesting and exciting to me.

Right now I'm not going to reveal it because I want to do some very focused testing over the next two months to see if my initial findings still hold up. The good news is that if this works, it's geared far more to writers who learn only a little bit of SEO or Internet Marketing as opposed to Internet Marketers. I know for me and many other online writers, learning the SEO is difficult and somewhat frustrating (I mean we're writers - we want to write, right?). If my testing holds up, you'll still need to know some basic SEO and keyword research, but once you have the basics down you'll be able to focus 90% of your effort on writing. I know if you're naturally more inclined to writing then this would definitely be a bonus.

So that's good news. I'm on the verge of making the $100 monthly threshold for AdSense. While I'm always getting paid bi-monthly now, just hitting that $100 every single month is a major mile stone that is really encouraging. Plus, you just can't complain about an extra Franklin every single month for work that has already been done. My eHow earnings also went up about 68% in the past month, and I just finished a major Power Point project that netted me about $440, with a second one now on the way - just in time for that major dental surgery I need later this month.

I also just picked up some really high paying freelance work this week, and have some leads on some more possible freelance work that might turn into steady gigs. If a few things go right, then maybe fall will be able to turnaround 2009 for me at least financially, if no other way. So in short, there will be many more updates to come, and I plan to continue to add more great information to try to help everyone out. If you're new here, take a look at older posts - I try my best to give away a lot of really good freelance writing advice, especially aimed at beginners, so please feel free to comment on anything you find useful, as well.

So that's it for now. More website reviews, writing advice, and the results of my upcoming two month experiment all coming soon. Good luck writing to everyone, and please feel free to leave a comment and tell me what you think!