So lets talk business. My idea of the month has to do with Amazon Associates. If you are not familiar with Amazon Associates, it is a commission based program where you can place Amazon product ads on your blog. If anyone buys a product by clicking on your ad, you receive a commission. The commissions are higher if you place the actual product on your site, and less if someone "clicks" through you link to buy a different product.
Anyway. I am assuming most of you occasionally use Amazon.com to shop. I already have an agreement with my old traning partner from http://fitnessfromgroundzero.blogspot.com. If I am going to buy something on amazon I will use his associates account, and when he buys something he uses mine from http://thecaptainpower.blogspot.com. By using each others accounts we receive commissions.
So lets work something out: If you have blog sign up for the program, and lets trade commissions. If you use mine let me know and I will even paypal you back part of the commission.
If you are going to use amazon anyway you might as well trade commissions with a buddy, and I'm up to about $80 so far just trading with one person.
Let me know , email@example.com
By the way, another similar idea is to sign up for refer.ly and then buy everything through links created through them. They pass on the commission to you, so you can basically refer yourself for stuff. Damn. Wish I thought of this before I went on a Rolex buying spree.
Anyone else tried refer.ly? I just tried it recently to buy a camera and seems like the commission is only 1% from Amazon so they basically must pocket 4-5%
We were up in Houston visiting a friend who was very excited about a thrift shop.
Normally I'm not a thrift shop kind of guy. I'm too particular about what I buy and I just don't like shopping that much.
But this time I was excited.
Edit: I gave up on financial goals in late 2011 after some huge financial and artistic wins... money shouldn't be taken too seriously. For the record, they were all basically on track, some were being massively exceeded, others were a bit behind schedule, but were all happening.
I set my next 10 years of financial goals on June 28th. That was exactly a month ago.
1 year - Critical Thinking [my first book] out. Blog income trickling. Some info products. Some freelancing. Something else, some X-Factor thing bringing in cash. Net monthly income positive. Health insurance. $50,000 in the bank. Expenses = income per month minimum.
3 years - 3 to 5 books out, many products out, blog income robust, some working on big exciting deals. $10,000 per month total, $5000 passive at least. First property owned. $300,000 in the bank.
5 years - 7-10 books out, many many products out, many passive income internet properties, working on big exciting things, $50,000 per month total, $40,000 passive at least. $1,000,000 in the bank.