ALL >> General >> View Article
Making Money Is Not Enough! Are You Building Your Online Assets?
I've read from a Robert Kiyosaki book that those who are saving money are losing it. He goes on to say how those money should be invested in something like real estate, and the income from those would fund a business, and so on.
What he's really saying is that you shouldn't just put all your money in your bank, but you should invest it to earn more.
I was thinking how this is applicable to an online business. You might be focused on earning money in the present, but are you building your online assets that could give you passive (or at least easy) income in the future?
These online assets would include:
1) Your list of subscribers and customers. If you're not building a list, your online business is not on secure ground. By building your list and establishing good relationships with them, you could earn lots of instant money at the push of a button!
2) Your network (JV partners, affiliates, etc.) Talk with your JV partners from time to time about things other than business. It's easier to persuade them when you have established some sort of bond with them, other than only contacting ...
... them every time you need something.
Also, make it a habit to search for new partners to JV with. Promote for them first, and they'll be more likely to reciprocate.
3) Your personal web properties. This could be your own websites, domains you've bought, or anything else you have full control of.
4) Rent-free 3rd-party webspace. In the offline world, you need to pay rent for the office or store space. But in the online world, you could put your content permanently on 3rd-party websites... without paying a single dime!
You can put your content on content-sharing sites like squidoo, hubpages, qassia, wetpaint, google knol, etc. And of course, article directories like ezinearticles, goarticles, buzzle, etc.
You can put your videos in video-sharing sites like youtube, metacafe, revver, and a lot more!
The more content you create and post on 3rd party sites, the more passive income you stand to make!
What other online assets can you think of that are worthy of building? Michael Lee gives highly profitable and free affiliate marketing tools to help you earn monster profits from his reputable Clickbank affiliate program found at http://www.20daypersuasion.com/affiliateforce.html. Find more on enough building
Add Comment
General Articles
1. Magento Developers Melbourne: Your Trusted Partner For Magento Web DevelopmentAuthor: themerchantbuddy
2. How Can E-commerce App Development Help Your Business?
Author: Comfygen
3. The Best Baby Cot Mattress For Summer In Australia: Keep Your Baby Cool And Comfortable !
Author: Milari Organics
4. How Might An Amazon Fba Prep Service Center Help You Streamline Your Business?
Author: 3pshipping6
5. Reviving Artisanal Craftsmanship – Why Handmade Products Matter More Than Ever
Author: Chaitanya Kumari
6. What To Look For In A New York Labor And Employment Law Firm
Author: jewellansing792
7. 50 Years Of Long-lasting Performance
Author: Busch Vacuum Solutions
8. Optimize Healthcare Revenue Cycle: Strategies For Financial Success
Author: Albert brown
9. Offres Exclusives Pour Vos Voyages En Inde Du Nord — Économisez Jusqu’à 30% — Réservez Dès Maintenant!
Author: yatika
10. 200-hour Weekend Yoga Teacher Training Course (yttc) In Bengaluru: A Pathway To Mastery In Yoga
Author: Yogakulam Academy
11. Understanding Patient Behavior: The Importance Of Market Research In Healthcare Marketing
Author: Adomantra
12. Ensuring Safety And Privacy: The Advantages Of Close Protection Services In Dubai
Author: Shancy
13. Thermodynamic Steam Traps: A Compact Solution For Maximum Performance
Author: David John
14. Best Accounting Service In California – Mj Financials
Author: maria jeffery
15. Best Astrologer In Hosahalli
Author: Pandith Keshav Das