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2) Stock / Mutual Fund Investing: This is pretty straightforward. Most people have 401K's available to them at work, but what do you do if you suddenly make enough money to quit your day job and become self employed? This is where the self-directed IRA comes in again. You needn't be afraid of taking your retirement into your own hands though. Yes, you might have to do some reading and research but in the long run it might be one of those things you look back on and wish you had done even sooner!
Here is a great program for investing that gives you a winning strategy and walks you through online trading. It has some proven results and does a great job of simplifying the process for you. It's called Online Trading for Financial Freedom. Check it out here.
Interested specifically in futures trading? I did find a great program online that can get you some pretty fast results and provides you with a method that will assist with futures trading. 60 Minute Trader. Definitely worth a look if you're considering online trading in futures.
3) Franchising. This is a category that is often overlooked by a lot of investors. In some cases, rightfully so, but if you look all around your city or town, I would imagine that you are surrounded by franchises of all kinds. Have you ever wondered what it took for those franchises to make their claim down the street from you? Well it probably involved a person who wanted to be their own boss and saved their money, invested some time and made it happen for themselves! If you have ever had a dream of owning your own franchise someday, or starting your own business and franchising it out for that matter but figured you could never save enough money to do it then let me open your eyes to something. Let's go back to our little simple scenario again. If you've been consistently bringing in $1,000.00 a month from your affiliate site and you've managed to save for a few years, paying your taxes like a good person and possibly reinvesting a lot of it in a stable platform, then you've got a nice little chunk of change that could be used to buy into a franchise! In many cases you can get started for about $50,000.00. Research the franchises that interest you and see if you are finally at the point where your dream can come true. If you have a good income from your affiliate site and a very good income from a franchise, or two, or three, with maybe a bit of real estate investing thrown in, then you would be in a very good financial position! There may not be as much free time up front but if you get a few franchises under your belt and are able to pay for a good management team to handle the day to day functions, then you are well on your way to being freed up to sit on a beach all day while the checks roll in!
4) Online Programs. Let's face it, there are multiple ways to make money online. If you've followed the Mr Beach Bum Guides and have built a great website then you are well on your way. But that doesn't mean you shouldn't check out other programs to help supplement your income. The key of course is to find the ones that aren't just a bunch of marketing fluff and can give you some real results. Well that's where Mr Beach Bum comes in. Let me help you sort some of them out by showing you my favorite programs.
Multiple Streams of Income: This is a pretty straightforward system that will help you get started with a free newsletter.
Dave's Cool Little Website: I mentioned before that I don't like programs that offer you a "turnkey" website but then charge you hosting on the back end. Hosting which they are reselling to you at a profit! Well this one is different. This website is very easy to set up and charges a one time fee and it uses 3 affiliate programs you may already have set up. It's worth a look!
Ultimate Wealth Package: If I were to write an e-book or provide all of the information on this website in a course, then this is probably what it would resemble. Though I have given you a lot of great information about getting started, if you want to fine tune it even further then I do recommend this product. It really ties it all together nicely and offers you even more tools at a very reasonable price.
Shop Until You Drop.net : Does shopping with someone else's money interest you? This package does a good job of getting you into the lesser known field of mystery shopping. Basically you get paid to shop professionally and report back on your experiences. If you've made your millions online already and are bored now that you've retired early, this is a great way to have something to do and make money at the same time!
Again, make sure that you consult a professional regarding any of these possibilities. I provide this information for reference purposes only and make no guarantee as to their performance or effectiveness.
To recap, we've looked at how to put it all together in terms of tying your affiliate marketing in with the content of your site to really make the sales work for you on a level that is far more productive than just passive ads on a site. We also discussed the importance of opening a business type and taking advantage of the possible tax advantages that having a business can offer. We discussed the fact that you will have to manage the taxes you pay on your affiliate payments yourself and, finally, we looked at several wealth building programs and strategies that can help you to make your money grow even further so that you have multiple streams of income. You've still got a lot of work ahead of you, but hopefully now you see how it is truly possible for you to make your dreams a reality if you stick to it, put work in and, probably most importantly, not give up on yourself! It can take many years to get to the point where you can be a Beach Bum. You need to set a goal and work at it every day in some way, shape or form and eventually it can happen for you. The key is to not lose sight of the big picture and set mini goals that you can accomplish so that you don't overwhelm yourself and no matter how old you are now it is never too early or too late to start! The biggest mistake you can make at this point is to not start! And just because you're done with the guides doesn't mean you're on your own now. Mr Beach Bum.com has a blog and a forum, not to mention future guides that will come out regularly which will keep you up to date and informed on the latest wealth building resources available! So bookmark us if you haven't already and keep coming back for more!
The next guide topic, when it's ready, will be about increasing your website traffic. But I do have a few quick tips to help you get started in the mean time.
Obviously, submitting your URL to the major search engines is going to be a very important step.
But if you want to know another great way to get visitors to your site, especially visitors in your target niche market then you may need to do some advertising yourself. It doesn't have to be expensive.
Let's go back to the Beach Bummer car website scenario again. Let's say you print up some nice flyers or business cards, etc that showcase your car and the website address and maybe a quick blurb about the kind of information that others can expect to find on your site. Make sure you have plenty on-hand at the next car show. Maybe put a bumper sticker in the back window (I wouldn't dare suggest you put it on the bumper - after all this is a rare automobile!). Find a way to get a list of registered Beach Bummer owners across the country and send them a postcard. Put an ad in your favorite enthusiast magazine. You'd be surprised how much this works, especially for the niche markets!
Here is a great resource for printed flyers, business cards, etc. You can upload images to them and receive your order via mail with a quick turnaround. I use them for all the printing needs for my websites! VistaPrint
Certainly there are online forms of advertising that work too and we'll get into those more in a future guide. Google Adwords is one of the most successful. You could also start your own affiliate marketing program but honestly, for a niche market, it may not be as successful in my opinion. Play around with a few things and see what works best for you.
This concludes Mr Beach Bum's Guide #4. If you've just gone through all the guides now, hopefully you are feeling inspired and are ready to start your online career today. If you have questions, need some guidance or just feel like blogging about your experiences along the way - feel free to visit the Mr Beach Bum Blog where you'll always get the most up to date information. Or drop me a line directly, maybe I can help. Here's to sipping mai tais on the beach and counting your money! Good luck, you future beach bum you!
Mr Beach Bum
"That's MR Beach Bum to you!"
Next Steps:
Read and Subscribe to the Mr Beach Bum Blog
Here is a great program for investing that gives you a winning strategy and walks you through online trading. It has some proven results and does a great job of simplifying the process for you. It's called Online Trading for Financial Freedom. Check it out here.
Interested specifically in futures trading? I did find a great program online that can get you some pretty fast results and provides you with a method that will assist with futures trading. 60 Minute Trader. Definitely worth a look if you're considering online trading in futures.
3) Franchising. This is a category that is often overlooked by a lot of investors. In some cases, rightfully so, but if you look all around your city or town, I would imagine that you are surrounded by franchises of all kinds. Have you ever wondered what it took for those franchises to make their claim down the street from you? Well it probably involved a person who wanted to be their own boss and saved their money, invested some time and made it happen for themselves! If you have ever had a dream of owning your own franchise someday, or starting your own business and franchising it out for that matter but figured you could never save enough money to do it then let me open your eyes to something. Let's go back to our little simple scenario again. If you've been consistently bringing in $1,000.00 a month from your affiliate site and you've managed to save for a few years, paying your taxes like a good person and possibly reinvesting a lot of it in a stable platform, then you've got a nice little chunk of change that could be used to buy into a franchise! In many cases you can get started for about $50,000.00. Research the franchises that interest you and see if you are finally at the point where your dream can come true. If you have a good income from your affiliate site and a very good income from a franchise, or two, or three, with maybe a bit of real estate investing thrown in, then you would be in a very good financial position! There may not be as much free time up front but if you get a few franchises under your belt and are able to pay for a good management team to handle the day to day functions, then you are well on your way to being freed up to sit on a beach all day while the checks roll in!
4) Online Programs. Let's face it, there are multiple ways to make money online. If you've followed the Mr Beach Bum Guides and have built a great website then you are well on your way. But that doesn't mean you shouldn't check out other programs to help supplement your income. The key of course is to find the ones that aren't just a bunch of marketing fluff and can give you some real results. Well that's where Mr Beach Bum comes in. Let me help you sort some of them out by showing you my favorite programs.
Multiple Streams of Income: This is a pretty straightforward system that will help you get started with a free newsletter.
Dave's Cool Little Website: I mentioned before that I don't like programs that offer you a "turnkey" website but then charge you hosting on the back end. Hosting which they are reselling to you at a profit! Well this one is different. This website is very easy to set up and charges a one time fee and it uses 3 affiliate programs you may already have set up. It's worth a look!
Ultimate Wealth Package: If I were to write an e-book or provide all of the information on this website in a course, then this is probably what it would resemble. Though I have given you a lot of great information about getting started, if you want to fine tune it even further then I do recommend this product. It really ties it all together nicely and offers you even more tools at a very reasonable price.
Shop Until You Drop.net : Does shopping with someone else's money interest you? This package does a good job of getting you into the lesser known field of mystery shopping. Basically you get paid to shop professionally and report back on your experiences. If you've made your millions online already and are bored now that you've retired early, this is a great way to have something to do and make money at the same time!
Again, make sure that you consult a professional regarding any of these possibilities. I provide this information for reference purposes only and make no guarantee as to their performance or effectiveness.
To recap, we've looked at how to put it all together in terms of tying your affiliate marketing in with the content of your site to really make the sales work for you on a level that is far more productive than just passive ads on a site. We also discussed the importance of opening a business type and taking advantage of the possible tax advantages that having a business can offer. We discussed the fact that you will have to manage the taxes you pay on your affiliate payments yourself and, finally, we looked at several wealth building programs and strategies that can help you to make your money grow even further so that you have multiple streams of income. You've still got a lot of work ahead of you, but hopefully now you see how it is truly possible for you to make your dreams a reality if you stick to it, put work in and, probably most importantly, not give up on yourself! It can take many years to get to the point where you can be a Beach Bum. You need to set a goal and work at it every day in some way, shape or form and eventually it can happen for you. The key is to not lose sight of the big picture and set mini goals that you can accomplish so that you don't overwhelm yourself and no matter how old you are now it is never too early or too late to start! The biggest mistake you can make at this point is to not start! And just because you're done with the guides doesn't mean you're on your own now. Mr Beach Bum.com has a blog and a forum, not to mention future guides that will come out regularly which will keep you up to date and informed on the latest wealth building resources available! So bookmark us if you haven't already and keep coming back for more!
The next guide topic, when it's ready, will be about increasing your website traffic. But I do have a few quick tips to help you get started in the mean time.
Obviously, submitting your URL to the major search engines is going to be a very important step.
But if you want to know another great way to get visitors to your site, especially visitors in your target niche market then you may need to do some advertising yourself. It doesn't have to be expensive.
Let's go back to the Beach Bummer car website scenario again. Let's say you print up some nice flyers or business cards, etc that showcase your car and the website address and maybe a quick blurb about the kind of information that others can expect to find on your site. Make sure you have plenty on-hand at the next car show. Maybe put a bumper sticker in the back window (I wouldn't dare suggest you put it on the bumper - after all this is a rare automobile!). Find a way to get a list of registered Beach Bummer owners across the country and send them a postcard. Put an ad in your favorite enthusiast magazine. You'd be surprised how much this works, especially for the niche markets!
Here is a great resource for printed flyers, business cards, etc. You can upload images to them and receive your order via mail with a quick turnaround. I use them for all the printing needs for my websites! VistaPrint
Certainly there are online forms of advertising that work too and we'll get into those more in a future guide. Google Adwords is one of the most successful. You could also start your own affiliate marketing program but honestly, for a niche market, it may not be as successful in my opinion. Play around with a few things and see what works best for you.
This concludes Mr Beach Bum's Guide #4. If you've just gone through all the guides now, hopefully you are feeling inspired and are ready to start your online career today. If you have questions, need some guidance or just feel like blogging about your experiences along the way - feel free to visit the Mr Beach Bum Blog where you'll always get the most up to date information. Or drop me a line directly, maybe I can help. Here's to sipping mai tais on the beach and counting your money! Good luck, you future beach bum you!
Mr Beach Bum
"That's MR Beach Bum to you!"
Next Steps:
Read and Subscribe to the Mr Beach Bum Blog
Now let's get down to business. Here are the investment programs I recommend:
1) Real estate. There are quite a few ways to play this game and I will list a few and give you some links to books and programs I've learned from so that you can make your own decision and decide what will work best for you and your money. I suggest that you read through to the end of this guide first and then come back to this section to follow the links.
a) Foreclosures: There are a lot of investors these days who go to foreclosure auctions or even buy foreclosures prior to the auctions and snag property on the cheap only to turn around and rent it out or sell it at a profit. This takes a lot of time and can be hard for someone who is working in their day job to get into. However, if you are at a point where your website is paying you a regular income that is enough to afford you some leverage than you might consider taking some time off and getting into this if it interests you. Here are some good programs to consider if you are interested.
b) Property Flipping: This is best described as an investor who obtains a piece of property through several methods (foreclosure, tax liens, purchase of distressed property off the commercial market, etc) and puts some work and money into the property only to turn around and sell it for more than they paid. This can be a very lucrative but also very risky business with some trial and error built into the mix.
c) Landlord/Rental Properties: Using any of the aforementioned methods of obtaining property, this investor holds onto the property and rents out the house or multiple-unit property to a renter or renters. This can be lucrative if you have enough properties and more importantly, enough tenants/renters.
There are hundreds of resources for getting into real estate investing. The problem is that not all of them are really out to help you. So I am going to list just a few of my personal favorite books or tools below. I think you should start with a good book, it helps you get started and then you can focus on the more elaborate tools as you move forward. I am also listing the latest editions of books that I have read or recommend. Some of these are still new and you may have to pre-order, but they will be worth the wait!
Beach Bum Guide #4 (Cont'd)
Wealth Building Programs & Tips
Wealth Building Programs & Tips
All financial advice in any of the pages contained within Mr. Beach Bum.com should not be substituted for financial guidance from licensed financial advisors. Mr. Beach Bum.com and any affiliates are not held liable for advice given within the content of this site.
