moneyrelations :: Feb.04.2010
The focus of this blog has recently changed from investing for beginners to trying to make money on the Internet. Frankly, there is some similarity in the two endeavors. You have to sort out the winners from the losers.
In investing, there is a lot of hype that surrounds some companies but they don’t have the financial statements to back it up. The same is true for a lot of people who claim to make money online. They don’t have the paycheck to prove it. So really, who has the goods to back it up and which stock/blogger should you follow?
I must admit for investing, I didn’t have the time to put into the analysis of long term stock picks so I went to a financial advisor. However, in hindsight my financial advisor wasn’t helping my cause out either by suggesting mutual funds with high MERs and then switching them out so they could get a commission. Again, is there a parallel to the world of making money online? You bet. You see, most people who make money online can be considered scam artists. They recommend products which they don’t use or they create hype around a product with flashy sales copy and an urgent need to buy it now before the offer ends! I have fallen for those gimmicks before but thankfully my making money online tuition fee was not too steep. In fact, I probably would have been still stumbling if it had not been for Vic from Bloggerunleashed that opened my eyes to how internet marketing really works. I don’t follow Vic anymore because although he is a reformed blackhat artist, his methods are still riskier than what I’m used to. However, it truly was one of the turning points in my web business endeavors.
Another turning point for me was the Keyword Academy which built on what I learned from Vic but in a more organized manner. If there was ever an honest make money program this would be it. They have step by step videos that show you how to choose the right keywords for your websites, how to monetize the websites, how to create content, and how to get these sites ranked. All this is reinforced by weekly webinars and you can also ask questions on their forum as well. However, the same messages and questions can get repetitive so what made me stay in the program was their suite of tools to help you connect with other webmasters for link building. Compared to other programs, this is a steal at $33 a month but don’t take my word for it. See for yourself for the first month at $1. The founders are that confident about the value of their program that you will stay. However, if you truly do not benefit from the program, you can quit anytime you want by cancelling the subscription through Paypal. No haggling to get your refund.
Now that I am a bit wiser in my web education, I can appreciate what a good program this is. They give you concrete steps instead of vague notions.
When I had first begun this personal finance blog, I had followed the advice of Darren Rowse from Problogger to grow my blog, to develop a relationship with my readers, to create good content, etc. I really don’t know what my goal was but I think it was monetization as an end result. However, that never really came because the steps were not concrete. For some unknown reason, sometimes I still read Problogger because I am still amazed that he can push out that much content on the same blogging about blogging subject every day. That’s a lot of creative writing right there so I give him props. However, what inspired me to write this post was the fact that he wrote a post to promote his new online membership site of Third Tribe. It’s based on the notion that in one camp there are Internet Marketers who receive lots of hype and make lots of money online sand on the other side there are ethical bloggers who struggle to make money. So to fill in the space between this great divide, Darren Rowse and Brian Clark from Copyblogger fame (and other people) got together to create this new site that will serve the needs of those who find themselves somewhere in between. Now, the reason I’ve singled out Brian Clark is because I was actually in another of his membership site called Teaching Sells awhile back. I paid 3 months for at an introductory offer for $97 and I even wrote a Teaching Sells review before they jacked up the price. I can’t remember much about it only that it wasn’t for me. It was geared towards building membership sites but there is no way as a newbie I could have pulled that off. I really had no marketable knowledge at that time and I still don’t to this day so a program like that did not keep my interest in the Teaching Sells membership for long. And this is my problem with the new Third Tribe program. Reading Problogger’s sales pitch, there really doesn’t seem to be a course outline or any webmaster tools that would keep me coming back. There’s some mention about a forum, advice from the founders and other A-list bloggers (from the comments section mind you). But call me skeptical but how much do you want to bet that it’s about creating a relationship with your readers, creating great content and all that other drivel. How many ways can you say it and make it still sound fresh? That was my problem with Problogger before but now he’s teamed up with Copyblogger to charge for it. Oh, and you have to hurry to lock in the price of $27 before they up it in a few days to $47. For what?! What exactly are they selling? At least with the Teaching Sells program I could tell they were selling information but I can’t tell how it will benefit me to join this Third Tribe program. If you compare what I have listed with the Keyword Academy, I’m sure you would be able to say that that program was more transparent and an honest make money online program. All I know is that I’m not taking the bait of joining the Third Tribe despite A list bloggers being involved (funny about what they say about the first group being hyped up Internet Marketers) but you can read it from someone who has joined the program to provide a Third Tribe review.