วันอาทิตย์ที่ 5 เมษายน พ.ศ. 2552

Is Passion Part of Your Internet Marketing Business Plan?

By Tranque Fuller

It seems that when it comes to making money online, that people only hear "Make your millions online (overnight!)"; so they get all excited and jump right in before they have even considered that there will be a learning curve. They would never expect to become scientists, doctors, or even brick layers without getting the education they need to even get started let alone be truly skilled or successful at it.

The same holds true if you want to become successful in the Internet marketing industry though some would have you believe it is all just a simple piece of cake. (But I have to say, compared to the years I worked in the Corporate Grind it is a piece of cake) Sad but true, the overwhelming majority of people will only lose money in their quest to become Internet Entrepreneurs, while on the other hand there are many that are currently making more every month than the average person makes per year.

Why, you might ask? Cause for failure in Internet marketing varies as much as the people failing at it, but somewhere near the top you'll find that they have no true passion for what they're attempting to succeed at. Having a Passion for your niche, company or its products or services, makes experiencing success as an Internet Marketer much easier. At a minimum, a true interest, a firm foundation as well as a sincere belief in your company's products or services will greatly improve your odds for success.

With this foundation, your passion and enthusiasm will transform the work involved and give it a new energy; you're working . . . but it doesn't feel like work! That positive energy will also come through in your marketing as well as every other aspect of your business.

Professional web-sites, a focused business plan, savvy marketing, along with follow up and support geared with your customer's best interest in mind are still critical for your internet business to succeed. However, these should already be "built in" to the company that you're promoting (if not . . . find another--fast!) In the end, if you have no passion and enthusiasm for your chosen business or niche, it is going to be a constant battle . . . until the day you finally surrender and fizzle-out in frustration.

Today we have the incredible resource of the Internet to search for money making opportunities that are the right fit for us--something we can really get behind and be passionate about. Eventually you will get to the point that you can effortlessly sell anything you wantwhether youre passionate about it or not but thats down the road a bit. At this stage in the game make sure you seek a product or company that you can get excited about.

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Trading Strategy: Pyramid Your Profits!

By Jordan Weir

We've all heard the age old adage, cut your losses short, and let your profits run. Yet the vast majority of traders don't use this concept to its fullest. The proper application of this single, pivotal piece of advice can be the difference between showing a profit at the end of the month, and showing a loss. This method is known as pyramiding your profits.

In order to properly pyramid your profits, you must understand a basic tenant of risk management. This tenant alone is enough to bring many an unprofitable trader to profitability, but only once combined with the idea of pyramiding profits, can its true utility be realized. This tenant states that no more then 5% of your portfolio should be at risk during any trade. Thus someone with a $50000 portfolio can risk $2500 on a trade. This doesnt mean they cant invest more then $2500, but it means that when setting a stop loss, your initial position size should be based on the $2500 number.

So if a company is trading at $20 per share, and our stop loss is at $17.50, we can lose $2.50 per share by buying. If were willing to lose no more then $2500, then $2500/$2.50 = 1000 shares. So we should purchase 1000 shares for this trade.

With your standard trade, that would be hit. An order to sell at a certain price, and order to buy at a certain price, and a stop loss. When your pyramiding your profits though, there's an integral extra step. When the stock has gone up in price, and you have some profits, you add MORE to the position. Lets say it goes up to $22.50, and you decide to move your stop loss up to $21.00. You now have 1000 in gains if you get stopped out. To pyramid your profits, you add that 1000 in gains to your risk amount for the trade, for a total of $3500. Since its now at 22.50, and we can risk up to $3500, then we should purchase another 2300 shares. (3500/1.5 = 2334).

So to recap. Stop loss at 21, we bought 1000 shares at 20, and 2300 at 22.50. If it goes down to 21, we gain 1000 on the first 1000 shares, and lose 3450 on the batch of 2300 shares, for a total loss of $2500 " the original risk amount. However, if it goes up to 25 as we originally forecast as our profit target, we've made $5000 on the original 1000 shares, and another $5750 on the second batch of 2300 shares. This is a total gain of 10750, while never risking more then $2500 in capital. The same idea can be applied to shorting as well. Its all about doing more of whats working, and less of what isn't.

This strategy is useful both for long term investors, and for shorter term traders. Long term investors can use this to scale into upwards trending stocks to safely generate massive profits, while shorter term investors can use this strategy to minimize risk, while maximizing their overall gains.

You may have heard the saying, you never go broke taking a profit. This idea is the polar opposite to pyramiding your profits, and is in fact, dangerous. To succeed in the investing world, your profits must be substantially higher then your losses, and that is whats accomplished by a trading strategy such as pyramiding your profits. Cut your losses short, and let your profits run.

The art of pyramiding your profits is essential to long term success in the stock market. They say that even some of the best traders are only right 50%, 40%, sometimes even only 30% of the time, but as that example showed, by pyramiding your profits, your gains will far outweigh the small losses you occasionally take.

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One Way Links and Google

By Brent Sweet

Not long ago the internet was viewed mainly as a web where all content was found by static links from other websites. This is no longer true, the new internet paradigm is one where users get most of their information from websites found using search engines. Search engines has revolutionized the way people use the internet, giving them fast and easy access to the information they are looking for. As the web has grown to billions of pages, the odds of finding the site you are looking for by just following links is very low. This is why it is important for anyone who runs an online business, using their website for marketing and sales, to take steps to make sure that their website ranks high with the biggest search engines. In order to achieve high rankings, the most important thing is to generate as many one way links as possible.

A one way link is a link from a website that is not linked to from the other site. This is different from a two way link where both websites mutually link to each other. In the early days of search engine technology, the link value was the same regardless of whether it was a one or two way link. However since many people took advantage of this and started using link exchange program to gain alot of links, most search engines started to lower the value of two way links. This is why it is important to gain one way links in order to achieve good rankings.

There are many ways to generate those important links. The best way is to simply have good content on your site. This will generate links from other website owners who will link to your site as a service to their users. These kind of links will not only help you improve your search engine rankings, but can also generate alot of traffic from people following the link.

Another great way to generate backlinks is through web directory submissions. Web directories are big collections of categorized links that help web surfers find the kind of site they are interested in. Perhaps the most well know web directory is the one maintained by Yahoo. While inclusion into most directories is free, some of them have a fee for getting listed.

Writing articles for other websites is another good way to gain links by giving other website owners content in exchange for a link back to your site. If an article is particularly informative it may find it's way to many other sites and generate alot of one way links

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