Affiliate business it is...

Alright, so because of the new changes in my life, I'll change my business goals towards one that's aimed towards a mainly affiliate based business model.

I'll be using wordpress for fast site building and editing. Already got the idea for the first site I'll be doing. Mainly because it's a niche I know very well and I already have a content creation plan for it.

I'll wait for it to reach a certain level of income before moving on to the next. I'll also use it as a "tester" of sorts for all sorts of techniques I assume...

Oh yeah, learned about a whole bunch of cool new resources today. So I have even more stuff in my traffic arsenal. I just need to friggin DO SOMETHING and stop talking about it...

I also can't let go of this forex thing...I just see so much potential in it. I need to find a way to master it. I'm going to keep practicing and learning more about it. Until I can show a good income from the demo account.

It sucks that I'll have to put a hold on the business because of the new job...but oh well, putting food on the table is priority #1. Being an affiliate marketer won't be so bad either. It'll give me time to practice all those strategies I've learned over the years finally. Show myself that I know what I'm doing. While earning a part time income I'm hoping...

Good news, and bad news...

Well...good news is I got myself a job! So there's finally gonna be money coming in.

The bad news is that this job has me working in a secluded area for 2 weeks at a time, without my own internet connection. So I'm now trying to think of ways to still keep the business going with this new challenge...

I HAVE internet access at the site, just it's a sort of room that everyone has access to, so not the best spot to conduct business...Unless I can find something that I could build an affiliate business out of...

Either that, or change the page every 2 weeks to a place holder, squeeze page to have people who're interested sign up...But then I'm missing a big part of my business...

More challenges...*sigh*

future of project looks bright!

So I've been sort of trimming the fat off the plan, building it into something that makes more sense. Now I think it's at a point where I'm satisfied with it.

I also started thinking about what my goals were with this site. How much do I want to make with it? Wanted to know this so I could reverse engineer it. So I did that and pretty happy with the plan. I based my numbers on a 1% conversion ratio, and a .10$/visitor cost. Just to get estimates you know.

With a very low marketing budget of 50$ on the first month, the plan is do-able.

Now I want to plan the day to day activities. As well as the marketing strategies.

Having reverse engineered the plan gives me something positive to look forward to. It's like visual confirmation that this can work. And if I get higher conversion ratios than 1%, or if I can get customers for cheaper than .10$, then the plan becomes even better.

Anyway, off to work on my plans again!

Almost time to build it

Finished my list of ideas ( for now ). By the end of it, I see that I have several different milestones that I'd need to take care of, as well as a need to figure out how I'd market these. Because I had an idea of how I was going to market this site ( as in the angle I would take ) but with the first milestone, I most likely couldn't use such an angle. So I just made a list of the milestones as well as how I'll market them.

The marketing plan needed to follow my original plan as well. Which is to be massively scalable if need be. Which I'm glad to say it is. I can start very small, and keep on going bigger and bigger.

So...I don't really think there's anything else really...I'll do a keyword research to see what the market looks like and make a search on the industry to see where it's going and how it's been doing most likely. If all looks good, then I guess it'll be time to build it!

HUGE amount of ideas for business

Hiya,

I have a HUGE HUGE ( huge ) load of ideas for the new business. I started las t night by just doing a small word ducoment called business ideas. Where the only criteria is put down any idea that came to mind. I'd take o ut the useless after. But I'm finding A LOT of gems within these ideas.

I checked out my competition last night until 2 am, which was around 30 something sites. Checking what made them tick, and the sort of efforts they did to capture customers and keep them...I'm pretty surprised that most of the competitors just do the bare minimum...I have a serious amount of ideas that would propel my business design ahead of any of them...I just need for them to not copy what I'm doing immediately because they already have the deep pockets...

Seriously though, I'm really seeing the potential. I think most of these ideas are comping from my "make the absolute best offers you can give them!!" attitude. As well as the "do whatever it takes to make them buy ( legally of course...)" attitude. I'm just coming up with all sorts of special offers and discounts and other crazy things. Also expanding on the niche and offering something the niche isn't even offering at the moment which is leaving a lot of money on the table in my opinion.

Now to get a little more familiar with coding a site so that I can put all of these into action when the time comes.

forex is a no go...

Sooooo guess I should maybe update this little blog of mine right about now.

First off, the forex experience. Strategies haven't worked AT ALL...For some reason, they work tremendously well when you do all sorts of testing on dead candles "movements that have already passed". But when it comes to trading live, it almost never does what you expect it to do!! The experts tell you " when this happens, it's a buy signal!! " and they go on to tell you how that's true by looking at their charts...but a lot of times they tell also tell you " and here, this is a ( insert name of formation ) it might not look like it should normally but because of such and such circumstances, it is." So it kinda makes you wonder...are they all making this bullshit up?

Anyway, because of this monumental loss in confidence that was this experience in forex, I'm thinking more and more about business again. There's just one thing though, I'm not sure what my schedule will be like in the near future to run a full fledge business. Since I might be getting a job in the mines where they have shifts of 2 weeks on, 2 weeks off. If I can have online access over there, then fine, business can continue, but if not...then that would be a problem.

I would pretty much have to build an affiliate business to start off...which I'm not really a fan of at the moment...I'd really rather do a full on business. Since I got a really good idea for one in the last week.

One good thing about the job, is that I'd most likely be able to make enough to afford building the site that I want to have...That video with John Reese and Tony Robbins was also very inspiring to push me to take action.

So yeah...for anybody who wants to try forex...I don't suggest it unless you have A LOT of time to learn...I'm most likely going to keep on practicing until I get it. Because I don't want to just give up. But I am thinking of pulling out my funds from the account I created. Since I'm clearly not ready to be trading live money.

EDIT: wow, good news, I might be able to start my website with only 300$. All the stuff I'm looking to implement in it are free open source software! I'll just need to put in the time to learn to customize them though...that will be the hard part. But definitely needed...

started forex today!

Hey there!

been a while! Well, I'm in my new hometown up north in Yellowknife.

I put 1000$ in a trading account with fxcm for trading forex. I started out with my original plan and saw some flaws creep up. So I tweaked it a bit and now since yesterday, the plan that I've come up with seems to be going well for me! It's just small amounts though. I started out with micro lots, which enables you to invest using only 2.50$ per lot. The returns aren't that high right now, but I'm just getting my feet wet and making sure I'm making consistent profits instead of the other way around.

I also had to change my way of thinking a little bit. I was getting ideas of grandeur, about making money fast with my old strategy...but that changed quickly. Now the frame of mind is more towards managing my money, and 1$ is better than -1$. Because with the old strategy. I didn't mind taking losses, because I made money back with the big moves. But it's not that easy in practice to spot those little moves that lose you money, and those add up quickly...

Now I have a stop loss, with a trail of 100 pips. Which means if my trade happens to go down 100 pips, I automatically sell. It also means I'm only willing to lose 10$. That's my limit. But putting a trail also means that my stop loss goes up, with the trade. So if my trade goes up significantly, it locks in profits sorta.

Not really doing anything else right now since....I don't have my other stuff here...but oh well...It's still fun :) hopefully I can make my plan work!!

Cya!