100k Job Trading From Home

Most of you must have known about the story of rich dad – Robert Kiyosaki. To my understanding, one of the keys to his success is asset building. Over the time, he accumulated enough assets to generate a sizable income to surpass his rich dad. The real value of an asset is that it brings you income, passive income for most of the time. While my blog and web sites started to bring me stable income month after month, I feel that I’m on the right path to be a rich dad myself. Have a look at some of my recently acquired blog/web sites, as they started to generate income for me almost immediately:

Somebackup.com – a Tech blog,
PHPpeixun.com – a PHP traing company site,
Lidanatural.com – a site development originally in a foreign language, I converted it to a photography library.

Another income generator that is often overlooked are companies that will pay you for using their content.  One program for business and personal blogs, is the Voxant Network (<http://www.thenewsroom.com>).  The Voxant Network is a leading news provider that prides itself on having the most current global headlines.

These headlines cover almost any topic or category that one could imagine.  The sites entertainment headlines report the latest movie, television, and music information along with some of the juiciest celebrity gossip.  Finance headlines deal with stocks, banking, real estate, and any other industry that is being affected by finances.  There are also world news headlines and you can also find your own local news. The Voxant Network gets its news from the following sources:

Associated Press
AFP
CBS
NHL
MTV
The Wall Street Journal

These are only a few of the most recognized sources.  The network constantly searches for, and screens, quality content so that you don’t have to.  Now blog owners don’t have to waste time searching through headlines for relevant, researched, news and information.

Once you find headlines that will appeal to your readers or fit in with your existing blog content you can then choose what format you want to post the content in.  You can use the text player but there are also streaming videos and high quality images.  These images are extremely popular on  celebrity and entertainment related sites.

The network then pays you, the blogger, for each page impression that their news content receives.  That means that each and every time a visitor goes to your site and the voxant content is loaded into their browser you are earning money.  The payout varies depending on the content and you are also paid for referrals.  The payout schedule is as follows:

Video Feeds:  $4.00 CPM
Video Story:  $3.00 CPM
Text Story:  $1.00 CPM
Image:  $1.00 CPM

This might not seem like a lot of money at first, but once you factor in your traffic and the fact that you are essentially getting paid to use free content and they are all passive income, the value increases.

Sponsored review programs, or paid review programs, are another extremely popular way to earn money with your blog posts.  These programs allow blog owners to sign up, register their blog, and then review a variety of websites.  Each review usually consists of a neutral, or positive, overview of the website paying for the review, along with up to three links to the sponsors’ website.  Some of the most popular paid to review programs are:

Blogitive:  <http://www.blogitive.com>
Blogvertise:  <http://www.blogsvertise.com>
Blogger Wave:  <http://www.bloggerwave.com>
Blog Ads:   <http://bloggingads.com>
Blog to Profit:  <http://www.blogtoprofit.com>
Blogger Party:  <http://bloggerparty.com>
Creamaid:  <http://creamaid.com>
Contextual:  <http://contextual.v7n.com>
Link Worth:  <http://www.linkworth.com>
Linky Love Army:  <http://www.linkylovearmy.com>
Loud Launch:  <http://www.loudlaunch.com>
Making Money from Blogs:  <http://www.money4blogs.com>
Pay Per Post:  <http://www.payperpost.com>
Pay U 2Blog:  <http://www.payu2blog.com/>
Review Me:  <http://www.reviewme.com>
Smorty:  <http://www.smorty.com>

These programs are all a great source of revenue paying bloggers anywhere from $5.00 to $500.00 per review.  Those blogs that are established with steady traffic are going to make more money per review than a smaller, new bog.  This is a great money maker for those blog owners who are only hoping to pay for hosting aka break even.  However, you have a great blog and time to post you can make an impressive income with these programs.

The latest news which sends a shock wave through the whole blog world at the moment,  an one man blog sold for 15 million dollars. Everyone’s first reaction was “is it true?”. That’s why I sent an email to the owner of the blog Johns Wu and got his confirmation of the sale (see the image below, click for a large one).

The blog is Bankaholic.com – a banking and finance related blog built on WordPress.  I’m sure there will be more stories flowing through about the blog and the owner soon, so I will not speculate what was the motive behind the deal. All I can say is that: WOW, while the economy is in a recession, a blog bubble is here now.

When a medical doctor stoped practicing and turned into a professional blogger(MacRumors.com), when someone can build a $30k plus monthly income from blogging within 2 years(JohnChow.com), when a company that sells concrete trailers(Cart Away Concrete) set up a booth in the Blog World Expo, do I need more approve for my point – a blog bubble is here now.

I am more inspired than ever, are you?

Today I was wandering around the SitePoint site and found a very good blog for sale. Have a look at the stat of the blog:

• PageRank 4
• 1100-1200 RSS Subscribers
• Alexa 121,463
• Compete 229,370
• Technorati 26,816, Authority 185
• 357 Posts
• 4,580 Comments
• 10,661 Backlinks (Yahoo! Site Explorer)

Guess what price it’s getting, by the time of writing, the top bid was $2850 and the Buy It Now price is $6000 with reserve of $3000, which is quite low in my opinion. The reason the owner is selling is that he is pursuing other business opportunities and have not much time to take care of the blog.

This just shows how much commitment you need to maintain a successful blog, and the end result may not be that glamorous. By all means, you should not stick to one method of making money online. Just like stock trading, you cannot put all your egg in one basket.

Have a look at the auction page if you want to know more about this and the final result.

Recently I read an interesting post about flipping 5 blogs within 24 hours and sell for a total amount closes to $1000. With newly registered domain names, those blogs obviously don’t have any PR ranking or Alexa ranking. However there are some selling points: all use premium templates (looks awesome), all with at least 10 posts of unique contents, all with a product (eBook or report) attached, so the new owner can pretty much make money straight away.

You bet the guy won’t be able to do the entire job by himself. He actually hired some freelance writers for the posts and bought the premium templates from other sites, bought the attached products from PLR suppliers. At the time of writing, one of the blogs was already sold for $400 (he was expecting $200 each to make the $1000 target, so it is quite promising).

What do we learn from this story then? You don’t have to wait 30-90 days to build a blog or site to sell it, as long as you get everything right, you can sell it straight away and make some quick money. Everyone is a winner in this process, site builder, freelance writer (for the contents and eBook), graphic designer, coder (for the templates) and even the buyer of the new blog (he may put some effort in it and sell it after a few months for a much bigger amount). This is what I called blog economy. I’ll suggest my economist friend to do a project out of it.

If you are interested, here is the link to the original post.

Also have a look at this page on SitePoint, you will get an idea what you need to do to get your newly created blog sold for $399. It’s a very good sales letter too.

You’d wish you are a Singaporian or Philippino to get the most out of your Olympic gold medal. The following is a list of bonus offered by different countries, feel free to rectify or add to the list (updated August 27, 2008 thanks to readers contribution):

Singapore – $708,800 (SGD 1 million)
Thanks to one of our readers for the information. See the comment.

Philippines – $340,909
Philippine President Gloria Macapagal-Arroyo on Friday raised the Olympic incentive to 15 million pesos (340,909 U.S. dollars) for any Filipino athlete who gets a gold medal in Beijing.

Malaysia – $307,000
Malaysia, which has never won an Olympic gold medal, is offering a bonus of one million ringgit (307,000 dollars) to any athlete who can bring home the top prize from this year’s Beijing Games.

Thailand – $300,000
Thai gold medallist at the Beijing Olympics will be rewarded of 10 million baht (about 300,000 U.S. dollars), runner-up will get a six million baht bonus and bronze medallist four million baht.

Greece – $290,000
and a lifetime civil service job

Iran – $290,000
Iran awards 200.000 euros for a gold,150000 for a silver.100000euro for bronze

UAE – $272,000
Also silver medal winners would be paid just over $200,000 while those winning bronze would get $136,000.

Kazakhstan – $250,000

Italy – $208,000
Italy awards 140.000 euros for a gold, 75.000 for a silver and 45.000 for a bronze

Uzbekistan – $200,000
Also $100,000 for silver medal and $50,000 for bronze medal

China – $131,000 ($51,000 (350,000 yuan) from government & $80,000 from other sources)
Central sports officials in China have not said how high the bonuses they give will be, but the Chinese-language Sports Weekly reported they are likely to hand gold medal winners 350,000 yuan ($51,000) each, plus big payments shared out from sponsors.

Hungary – $123,000 (20mil Ft)

Russia – $100,000
Russian gold medallists at the upcoming Beijing Olympics are to get a bonus of 100,000 dollars (63,700 euros), Russian Olympic supremo Leonid Tiagachov said.

Japan – $100,000

Bulgaria – $76,620 (100,000 leva)
Every Bulgarian athlete who wins a gold medal at the Beijing 2008 Olympic Games will receive a 100 000 leva bonus from the Bulgarian state.

Israel – $67,500 (NIS 240,000)
The IOC also announced on Monday that any sportsman who will set a new personal best at Beijing will receive a bonus of NIS 10,000. A winner of a gold medal will be awarded NIS 240,000.

Dominican Republic – $30,000
Winners could also get a car. It is the first time the Dominican government has made such an offer.

USA – $25,000
The USOC gives $25,000 for gold, $15,000 for silver and $10,000 for bronze

Australia – $20,000
AUSTRALIAN Olympians are expected to get a $20,000 government bonus for gold medals at Beijing – less than winners from the USA, Japan, Germany, Israel, Thailand, Malaysia, Greece and Russia.

Canada – $19,000