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The Six-Figure Second Income
How To Start and Grow A Successful Online Business Without Quitting Your Day Job
David Lindahl (Author), Jonathan Rozek (Author)
9780470633953, Wiley
Hardback, published 21 September 2010
256 pages
23.1 x 15.2 x 2.3 cm, 0.408 kg
Proven methods for building an online income stream You don't have to quit your current job, or already have piles of money, or be 24 years old, or riding a booming economy, in order to start a successful online business. The Six-Figure Second Income explains how to start or grow a business even when you think you have plenty of strikes against you. In the course of building an eight-figure real estate information marketing business, David Lindahl and Jonathan Rozek tested dozens of tools and techniques. This book is centered around principles they derived from all the tests they ran, tools they used, and money they spent. If you're tired of the gimmicks and skepticism that anyone can really succeed online, this book will give you the no-hype, no-nonsense advice you need.
Preface xiii Chapter 1 You CAN Get Rich—But Yes, There Is a Catch 1 10 Giant Keep Out! Signs on the Road to Your Online Business Success—The False Barriers 2 ‘‘I’m Too Old/I’m Too Young’’ 2 ‘‘I Don’t Have Enough Money’’ 2 ‘‘I Don’t Have Enough Time’’ 3 ‘‘It’s a Bad Economy’’ 4 ‘‘All the Really Good Ideas Are Taken’’ 5 ‘‘I’m Too Small to Compete Against the Big Guys’’ 5 ‘‘I’m No Good with Computers’’ 6 ‘‘There’s Too Much Competition’’ 6 ‘‘I’m Not Educated Enough’’ 8 ‘‘Someone Will Steal My Idea’’ 8 Now For the Six Disabling and Very Real Dangers to Your Online Business Success 10 Real Danger Number One: You Are Easily Influenced by People Less Successful than You Want to Be 10 Real Danger Number Two: You Think You Can Sit on the Couch and Money Will Spew out of the TV 12 Related Real Danger Number Three: You Think that the Only Good Money Is Hard-Earned Money 13 Real Danger Number Four: You Insist upon Staying in Your Comfort Zone at All Times 14 Real Danger Number Five: You Think ‘‘My Situation Is Different’’ 15 Real Danger Number Six: You’re More of an Idea Pack Rat than a Beaver 18 Chapter 2 How to Build a Quick and Profitable Product 21 The Typical Dream Is Useless 23 ‘‘I Must Have a Fortress to Protect My Idea from Knockoff Artists’’ 24 ‘‘I Must Reach Millions of People’’ 25 ‘‘I Want to Be Famous’’ 25 ‘‘I Want to Be as Rich as King Midas from the First Invention of Mine’’ 25 ‘‘I Need to Invent Something Revolutionary’’ 25 ‘‘Inventions Are Things that Are Manufactured in Factories’’ 26 Your First Product Should Be One of These 26 What Problem Have You Solved? 28 What Can You Demonstrate? 29 What Have You Researched on the Web and Discovered? 30 What Are the Best Resources You’ve Found? 34 How Do Things Fit Together? 36 Explore Other Variations on A Proven Theme 38 What Have You Tested? 40 Appeal to Rabid Hobbyists 41 Is This Great, or What? 43 Another School of Thought 44 Avoid This Pitfall 45 Get My Chart 47 Chapter 3 How to Create Content Cheaply and Easily 49 Stage 1: Capture the Raw Content 49 Method One: Sit Down and Write 50 Method Two: Have a Conversation 54 Method Three: Interview People 56 Method Four: Record a Presentation 57 Method Five: Capture Screenshots 57 Method Six: Do a Video Capture of a Web Session 58 Stage 2: Edit the Content 60 Backup Your Work! 61 Stage 3: Deliver the Content 63 1. Special Report 66 2. Getting-Started Kit 68 3. Home-Study Course 68 4. Sample Newsletter 69 5. Book 69 6. Interview Series Transcript 69 7. Fast-Start Guide 70 8. Pocket Guide 71 9. Checklist 71 10. T-shirt 72 11. and 12. Poster and Laminated Poster 73 13. Calendar 74 14. Game 74 15. Mug 75 16. Information Wheel 75 17. CD 76 18. DVD 77 19. Interview Series on MP3 77 20. Free Video 78 21. Live Event Videos 78 22. Toll-Free 24/7 Recorded Line 80 23. Consulting Hotline 82 24. Teleseminar/Webinar 82 25. Trial Software 86 26. iPhone Application 86 27. Software 87 28. Online Calculator 87 29. Interview Series PDFs 88 30. Free PDF 88 31. Free Audio 89 32. Consultation 89 33. Lunch or Dinner Seminar 89 34. One-Day Seminar 90 35. Consultation (Paid Version) 90 36. Boot Camp 91 37. Live Tour 91 38. Cruise 92 The Excellent Concept of Continuity 92 39. Newsletter 93 40. Membership Site 94 41. Weekly Faxes 94 42. Coaching 94 The Opportunity Engineer 96 Chapter 4 Getting Open for Business 97 The Seven Basic Building Blocks to a Good Web Site 97 Building Block One: You Need to Own a Good Domain Name 97 Building Block Two: You Need to Arrange for Web Site Hosting 108 Building Block Three: Get a Web Site Design 113 Building Block Four: Get an HTML Editor 117 Building Block Five: Get an FTP Tool 118 Building Block Six: Learn How to Accept Money on the Web 119 Building Block Seven: Set Up an Effective E-Mail System 128 Getting Work Done for You 134 Chapter 5 How to Get People to Raise Their Hands 141 Myth Number One: ‘‘It’s All about Traffic’’ 141 Myth Number Two: ‘‘It’s All about Targeted Traffic’’ 143 Myth Number Three: ‘‘I’m Waiting for the Game Changer’’ 144 Myth Number Four: ‘‘It’s All about Cost Per Lead’’ 147 Principle One: The True Measure of a Lead-Generation Technique Is Not Cost per Lead but Instead Return on Investment 147 Principle Two: Lead Sources Have a Half-Life Just Like Uranium 148 Principle Three: There Is No One Single ‘‘Best’’ Lead Source for Everyone 148 Principle Four: Don’t Pursue Prospects—Attract Them 149 Principle Five: Give Before You Get 150 The Moving Parts of a Lead-Generation Effort 151 Step One: Deliver Valuable Information to a Highly Targeted Audience 151 Step Two: Direct Them to a Specific Page 151 Step Three: Reinforce that They’re in the Right Place 153 Step Four: Reinforce Their Decision to Visit Your Site by Giving Them Even More Information 154 Step Five: Explain There’s Even More Where that Came From 154 Step Six: When They Submit Their Contact Information, Instantly Have It Go into Your Database and Redirect Them to a Welcome Page 156 Great Sources for Leads 157 Pay-Per-Click Advertising 157 Key Phrase Techniques 163 Google AdSense 165 Organic Search 167 Getting Found Locally in Google 169 Article Marketing 171 Social Media 174 Blogs 174 YouTube 176 Press Releases 177 eBay 179 Inexpensive and Great Offline Strategies for Getting Found 180 Local Newspapers 180 Free-Standing Inserts 181 Commuter Newspapers 182 Local Clubs and Events 182 Direct Mail 182 Chapter 6 How to Turn Prospects into Buyers 185 Mistake Number One: Ineffective Marketers Confuse Attention with Shouting 185 Mistake Number Two: Ineffective Marketers Boost Their Claims out of All Proportion 187 Mistake Number Three: With Ineffective Marketers, It’s All about Them and Not about the Customer 189 Mistake Number Four: Ineffective Marketers Ask You to Buy Too Soon 191 Mistake Number Five: Ineffective Marketers Do Not Include a Call to Action and a Deadline 192 Mistake Number Six: Ineffective Marketers Further Erode Trust by Creating Fake Deadlines 192 Mistake Number Seven: Ineffective Marketers Speak to Audiences, Not to Individuals 193 The Eight Money Questions: Answer These and Your Product Will Sell 195 Money Question One: ‘‘Why Should I Stop and Listen to You?’’ 195 Money Question Two: ‘‘Why Should I Read the Whole Thing?’’ 197 Money Question Three: ‘‘What Else Do You Have and How Will It Help Me?’’ 199 Money Question Four: ‘‘Why Is Your Solution Better than Any Other?’’ 201 Money Question Five: ‘‘Why Should I Believe Your Claims?’’ 201 Money Question Six: ‘‘What’s It Going to Cost Me?’’ 205 Money Question Seven: ‘‘What’s My Risk?’’ 209 Money Question Eight: ‘‘What Happens After You Have My Money?’’ 212 Chapter 7 Relationships Equal Revenues 215 Autoresponders versus Broadcast E-Mails 217 Four Tips for Building Profitable Relationships Through E-Mail 218 Tip One: Segment for Success 218 Tip Two: Encourage Consumption 219 Tip Three: Become a Welcome Guest in Their Inbox 220 Tip Four: Make It Two-Way Communication 222 Other Ways to Stay Close to Your Customers 223 Chapter 8 The Secrets to an Upward Profit Spiral 225 Step One: Install Measuring Devices 226 Step Two: Determine Why Nonbuyers Don’t Buy, and Adjust Your Site Accordingly 227 Step Three: Test Everything 229 Chapter 9 The ‘‘I’’ Factor 231 Index 233
Subject Areas: Business & management [KJ]
