First, a disclaimer- Tai's advice is not all bad. In fact, a lot of it is fairly sound. Now, before you get your wallets out or prepare to call me out as a sockpuppet or whatever, let me finish- Tai's advice might be sound, but it is not unique or special. You can get pretty much the same advice, and a lot more depth, by signing up for a student success and intro to business class at your local community college.
Not only will this multiply the money you’re bringing in in a serious way, but it protects you against any sudden changes in the market or in your business. Remember that old saying about putting all your eggs in one basket? A few hours a week committed to just one or two of the following opportunities will put you in a much stronger position to be financially safe and independent.
Hi Jamie, awesome content that is very helpful esp with the resources, links and the rich discussions. Want to start e-commerce and blog for money…selling others products, want to go full on with this, tired of the daily routine crunch working for others. I live in a developing country (PNG) that has high internet costs (work still in progress with getting rates down…) so will see how I go with your posts. Any advise? Don’t have a website yet, have to build one I guess….
Awesome! After I originally read this a few weeks ago, I looked up the book you were talking about: Influence--The Psychology of Persuasion. I found it in PDF format online and read it. (Just finished it, today). Then I went back and re-read what you wrote, above, so I could understand it better. Sure enough, as I was reading the book, I not only recognized some of the principles that Tai used, but also the principles used against me when I bought that new car, a week earlier. I also thought about principles of persuasion that I could use. I've already used the "because" tactic (page 3) with my kids and it's worked 100% of the time.
SkimLinks is primarily for established content producers (bloggers) who want to monetize their content. With a powerful WordPress plugin and scripts for just about any website type, setting up SkimLinks is very easy. And because you have access to all offers on their platform after you’re approved, SkimLinks is very well designed for affiliates who don’t want to spend a lot of time fiddling around with settings and other fine-tuning.
FriendFinder is an adult-friendly network of dating websites that has a terrific affiliate marketing program, both in terms of customer service and commission rates. Because they rely heavily on affiliates to recruit new members, they treat their affiliates like true business partners. They have a solid reputation for payment and security, and have frequent special offers. Checking into your affiliate account at FriendFinder is always a fun experience, and often a profitable one.
Mechanical Turk: Amazon's Mechanical Turk is a resource for doing human-intelligence tasks, or as the site commonly refers to them, HITs. You get paid a very small fee for any given HIT and you'll need a good deal of volume to make a substantial amount of money. But it is a resource you can use in your spare time to generate a small income online.
Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it.
Cost per action/sale methods require that referred visitors do more than visit the advertiser's website before the affiliate receives a commission. The advertiser must convert that visitor first. It is in the best interest of the affiliate to send the most closely targeted traffic to the advertiser as possible to increase the chance of a conversion. The risk and loss are shared between the affiliate and the advertiser.
Moving on, I'm going to address Tai's commercial. Now, I'll be honest, Tai's commercial is the entire reason I joined his site- Because I have never before seen an advertisement that hit every single one of the cognitive biases listed in "Influence: The Psychology of Persuasion," and I thought that anyone who put together a commercial like that must have some idea of what they were doing- Even if they were a bit clumsy about the application. IMO, That 2-hour commercial can probably teach you more about marketing and sales than the entire rest of the 67 steps combined.
The bio posted earlier is mostly accurate but Tai lives in the Hollywood hills, not Beverly Hills, and didn't even own a car until recently buying the Lambo. It appears he only bought the Lambo to pull views to his Youtube videos since that's what a lot of the younger crowd notice and respond to. Regardless of the minutia, he's obviously a very wealthy and successful guy.
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
23. Affiliates – There are many affiliate networks, such as FlexOffers and CJ Affiliate that allow you to promote other people’s products and services. You simply put a link or a banner on your page and then you get a percentage if someone clicks through and buys the product/service. You’ll want to select products that are specifically within your blog’s category.This is an effective way to earn money once you have the traffic coming to your blog.
Websites consisting mostly of affiliate links have previously held a negative reputation for underdelivering quality content. In 2005 there were active changes made by Google, where certain websites were labeled as "thin affiliates". Such websites were either removed from Google's index or were relocated within the results page (i.e., moved from the top-most results to a lower position). To avoid this categorization, affiliate marketer webmasters must create quality content on their websites that distinguishes their work from the work of spammers or banner farms, which only contain links leading to merchant sites. Tai Lopez Credit Mentor