Living a Wealthy Life

[UPDATE - Adding 1,000 people a day will likely get your account suspended with Twitter. To avoid this add around 300 per day, and don't mass unfollow people quickly. For me I would have a week off following people to do one mass unfollow....then start following again. This makes growing your account a bit slower but is still a great way to grow your account quickly]

I have set myself a BHAG – A Big Hairy Audacious Goal – to get 50,000 twitter followers by 1/1/11 and to make loads of money from those twitter followers.

Currently I have about 5,400 twitter followers and this is growing every single day. But it is time to up the anti and to increase my twitter followers by 10 times that amount. In the mean time I may as well starting making a bucketload of money from my new found twitter fame.

So How Can You Actually Grow Your Twitter Following By 50,000 In Just 6 Months?

It is actually a lot easier than you might think. All it takes is a little diligence and some hard work…or you can outsource these tasks for as little as $1/hour using ODesk. It is really easy and almost anyone can do it.

Step 1 – Find A Twitter User With 50,000 Followers Who Is Following The Same Amount of People

By finding a twitter user with 50,000 followers who is also following 50,000 this means that they autofollow everyone who follows them. It also means there is a good chance that all of their followers will autofollow anyone who follows them.

If you want to follow more than 50,000 then find a few users with 50,000 followers each. Or find a user with over 100,000 followers who is also following 100,000 people.

Step 2 – Everyday Follow 1,000 of Those Followers

Everyday twitter allows you to follow 1,000 people. So everyday you need to follow 1,000 people. The chances are that most of the people you follow will follow you back.

This is painful work, and who has a couple of hours to spend everyday for 6 months? I certainly don’t…that is why step 3 is so important.

Step 3 – Outsource Following Tasks For $1/hour
Instead of trying to follow 1,000 people a day yourself you can outsource this task on ODesk for as little as $1/hour. It wouldn’t take more than 2 hours per day to do this…that’s $2/day.

The awesome thing about outsourcing is that because you are paying someone to do it, they will do it everyday without fail. Meaning you could grow your twitter following by more than 182,000 followers in 6 months…and it will only cost you around $350. (182 days x 1,000 follows per day = 182,000). Once you reach 50,000 followers it will likely only take you a few tweets to make your $350 back, because a huge twitter following is a money making machine.

Now not everyone you follow will follow you back, but that is alright. Of 182,000 that you follow in 6 months time it is very likely that at least 50,000 people will follow you back. Those that don’t follow you; you auto-unfollow all of them at once using one of the many tools out there

Click Here To Sign Up For ODesk For Free

So Now That I Am Growing My Twitter Following How Do I Make Money From It?

There are a few different ways to make money with your list.

1. Sponsored Tweets
Sponsored Tweets is a website that allows you to sell a tweet. This means advertisers can pay you to write a tweet about their product.

Some movie stars with upwards of 1.5 million followers charge around $8,000 for one tweet. Who needs to ever work again if just one tweet will make you that much money!!! Just 5 tweets a year and you would be well ahead of the average wage of Australia/America.

But with 50,000 followers you could probably make around $50-$100/tweet from Sponsored Tweets. Do that once per day and you will be making $18,000-$37,000 per year just from Sponsored Tweets.

Click Here To Sign Up For Sponsored Tweets Today And Starting Making Money

2. Affiliate Marketing
Affiliate marketing is another great way to make money by tweeting. Instead of being paid to tweet you write a tweet with an affiliate link in it. Everyone who signs up for your affiliate offer through the link in your tweet makes you money.

John Chow has approximately 55,000 followers and he made over $4,000 from one tweet just by posting about an affiliate offer.

Market Leverage and Motive Interactive are two affiliate networks that have some pretty good offers. You don’t even have to sell anything to make money because some offers pay you a small amount (around $1) for every person that enters their email address.

Get just 1% of your 50,000 followers to sign up for one of these offers (remember they don’t even have to buy anything) and you have made $500.

You can also market products that people buy. Some products on Market Leverage pay you $80 and the customer only buys the product for $30. Get just 1% of your 50,000 followers to buy this product and BAM you just made $40,000.

Affiliate marketing had a lot of potential on twitter. Just write your affiliate tweets as you would write any other tweet and try not to make it look like spam.

3. Email Marketing
I love making money from email marketing and to me a large email list is always going to be better than a large twitter list. So why not use twitter to grow your email marketing list?

To get 5,000 email subscribers can be hard. But if you build up a twitter following of just 50,000 followers (which will be easy) then you only need 10% to subscribe and you have will have a email list teeming with potential. Keep outsourcing your twitter building using ODesk and soon you could have over 300,000 twitter followers, which could build a MASSIVE email marketing list.

Offer your twitter followers a variety of free stuff (different offers will attract different people and increase your chances of more subscribers). Then set up a bunch of email autoresponder messages with Aweber and let the emails market affiliate products for you.

For best results use the emails to market both your own products and affiliate products. It is also a good idea to writing teaching emails and teach people how to do things, and then recommend them products.

Aweber is awesome because you can run your entire email marketing campaign on autopilot. You write the emails once and when someone signs up Aweber send out the emails (in order) for you. So you can literally make money while you sleep.

Click Here to sign up for Aweber for $1

4. Website Traffic
You can use twitter to drive traffic to your blog, website of squeeze page. I use a plugin called Tweetly Updator, which automatically updates my twitter account whenever I publish a new post on my blog. This generally sends a small influx of people to my blog.

I am sure that when I have 50,000 followers instead of 5,000 I will get a lot more people coming to my blog through twitter. Economies of scale

5. Sell Your List

I have never done it myself, but I am sure that you could create targeted twitter followings and sell them to people.

As you can see, growing your twitter list to 50,000 in 6 months is not only easy, but it can be very beneficial and bring in a fair bit of extra income. That extra income could pay off the credit card, pay off your home faster, pay for a holiday or a night out, or completely fund your lifestyle and give you the freedom to do whatever you want. It is your choice.

Everyday you waste is a day you are missing out on an abundance of income from twitter. So get cracking. Go to ODesk and get a worker for $1/hour who will build your list for you.

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One of the things I have found with hosting is that you will always have some problems with your site from time to time, no matter who you are with. Having a good support system allows you to fix your problem quickly and get on with your day to day business.

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Hostgator support system rocks and it is for that sole reason I would recommend them to anyone setting up a new blog or website.

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I love it when things work!

At the moment I am trying to focus on continuing to build my passive income. I can proudly say that I have a nice little passive income online, earning me money whether I work or not. But the ultimate goal is to have a full time passive income.

This will give me financial freedom and I will have the decision whether I want to work or whether I want to do other things. And as big as this goal may sound I want to achieve it in 4 years with almost no money behind me. Here’s how:

Creating A System That Works For Me

I am currently in the process of creating a system and systems that works for me. My systems are really simple and use technology to operate on autopilot. All I need to do is set them up and then drive traffic.

My system works like this.

Create a series of autoresponder emails through Aweber (trying to make a years worth of weekly emails. Each email markets products that I take a commission for.

Then drive traffic to a squeeze page and get people to sign up for my email newsletter.

It is really that simple. Once I set up the system all I need to do is drive traffic and the system works for me. When I get enough income I can outsource the traffic creating through ODesk or by using PPC and then it becomes completely passive income.

Building Multiple Systems

I only really keyed into this “build the system then drive traffic” a couple of weeks ago. I have know it for ages but never really done it.

I am now doing the hardest part, building the systems. This week I built the front end for Rich Academy, which is a free 50 page ebook. Then I will probably spend the next few weeks completing that system by writing up my 52 weeks worth of emails.

Then I will go on a build another system on Cash Flow Investor with a free ebook, 2 paid products and 52 weeks worth of emails. This will probably take me about a month.

All This Work For No Results

I am building the two systems because they will intertwine and build off each other. But the problem with building the systems is that you don’t make any money while you build them. I will have to wait till after they are built (when I focus on traffic generation) to really start to see some results.

But once they are created I know without a doubt in my mind that this system will work well for me.

In The Mean Time

In the mean time I will fund my family by working, freelance writing and copywriting. Writing can earn me up to $400/day and copy writing has huge potential…so the good thing is I won’t be starving while building my retirement income.

The End Goal That Makes It All Worthwhile

The end goal that will make all this worthwhile is a full time passive income online. Not just a passive income that makes me a bit of extra money, but something that will fund my lifestyle completely!

Then I can spend my days with my family, and spend my time focusing on growing my passive income…without being distracted by money troubles.

All Possible By A System

Aweber allows me to create this system. Then once I have created it I can use the power of FOCUS to focus on generating loads and loads of traffic to my sites (funneling people into my systems). This focus will produce great results, which will hopefully make me a lot of money.

This is my basic plan (at the moment) to achieve financial freedom in the next 4 years. Do you have a plan?

Today I was reading my 4 month old baby daughter a book on my iPhone and showing her a bunch of flash cards.

With new technology coming out every day making our lives simpler and more complicated at the same time, the need for paper is becoming smaller and smaller. Look at the changes that have happened or are happening:

• Email replaced snail mail
• Sales pages replaced sales letters
• Advertising online replaced flyers
• Blogs and other news sites replaced newspapers
• The iPad, Kindle and other Ebook readers are replacing books
• Digital cameras replaced printed photos

We are moving towards being a paperless society, and I have been thinking about making the ultimate leap and going paperless. I mean not keeping any bit of paper I don’t need.

There are some pieces of paper you can’t avoid keeping. I have to keep the registration slip for my car, there are some receipts I need to keep and some bits of paper are practical to keep (like my trust deeds etc). But the idea of removing every bit of paper from my desk, my bag and my house is very enticing.

I am definately considering it and want to make the move either this year or next year. Man it would feel good to purge myself of all paper.

So how could you do it? I wrote down a few things I would do to make the move to paperless.

Create An E-Filing Cabinet On Your Compuer
Create a folder on my computer and scan all the important documents I need.

Most important documents you don’t need hard copies of. Bank statements, health care info, superannuation statements, car receipts, school reports etc. For most of these things a scanned copy in a filing cabinet on your desktop would suffice.

Back Everything Up
I would get Mobile Me and back everything up so that if my computer died I would still have everything. I would also get an external hard drive too.

Replace Books With The iPad
I would get an iPad with iBooks and replace all my books with the iPad. All my books would be in one place and there would be no paper

Import DVDs onto Computer
Let’s face it, DVDs are on their way out. I would convert all my DVDs into digital files and store them on a hard drive that was connected to my TV so I could watch whatever I wanted when I wanted.

The Cost
I estimate the cost to be:
2 x Wireless hardrives = $1,200
1 x iPad = $600
Repurchasing Book Collection = $3,000

So really it would cost me about $5,000 to go completely paperless….if I could afford it then I would do it in a heartbeat.

The other day I visited this cute second hand book store and I bought the Robert Kiyosaki book “The Cashflow Quadrant”.

The book talks about the different ways to earn an income (as an employee, self employed, business owner and investor) and talks about the best way to move towards financial freedom.

I have read the book before but it is good to refresh my memory and get re-inspired to achieve financial freedom.

How To Achieve Financial Freedom
Robert recommends that the best way for most people to achieve financial freedom is to start to generate money by owning an automated business first (one that brings you money whether you work or not) and then invest that money to make more money.

This is encouraging for me to hear. As I do not currently have the money to invest (in property) to achieve financial freedom that way I have been focusing on building my automated business in my spare time (while working as an employee and being self employed).

My automated business is quite simple really. I collect email subscribers and send them automated messaged using Aweber. I am good at collecting subscribers but not as good at converting them into cha-Ching.

A Little Frustrated
At the moment, reading the book, I am a little frustrated. I want to spend time building up my passive income, but time seems quite hard to come by at the moment. I also don’t yet know how much I make per subscriber so I can’t spend money to build my list quicker.

So at the moment I am juggling earning a good income, paying off some debt and saving some money (or trying to) and still having some free time to develop my passive income. I am not the best juggler yet.

Light At The End Of The Tunnel
My list is making money…that is the good news. It isn’t costing me anything but is making me money every month. The system is there I just need to build on it to make it more profitable before I scale it up to include more subscribers and more customers.

So there is light at the end of the tunnel. I know what I have to do, but finding the time and energy to do it while paying all the bills is the hard part.

This is just a personal rant because I couldn’t read the book, get all fired up, and then just go to sleep. I had to get my mind on paper.

Over the past few years I have built up a pretty sizeable email list and at times I have made decent money from this list. When I ran the full time blog SmarterWealth.net I could easily make $100 per product review because of the size of my list.

I run my list through Aweber, which is an email marketing tool, and Aweber allows you to send out automatic emails to my subscribers. So when someone signs up for my list (for example by using the form in the sidebar of this blog) then emails are sent out to them automatically.

Recently I updated my series of emails and I wrote about 20 emails that taught people basic concepts about wealth and thinking the way rich people think. But I wasn’t making any money from any of my emails. Then the other day I realised why:

I didn’t mention any products or have any advertising in any of my emails. No mention of products = no sales = no commissions. How dumb have I been. My list has been growing, and all the while I have been getting poorer because I haven’t been making any money from my life.

Starting Afresh and Making Some Money
So I have decide to start changing my emails one at a time. Whenever I want to start something new I always want to delete everything that is old and just write everything completely new.

But at the moment with family/work/freelance writing/everything else I don’t exactly have the time to delete and rewrite 20 emails in one day (or even one week). My other emails aren’t bad, they just don’t serve their purpose. So over the next few months I will be replacing them one by one with teaching emails.

These emails will be helpful but they will also mention products that will help people to achieve their financial goals. I won’t be spamming people, all of the products I market will be helping people to achieve their financial goals for a fraction of the price of say a mutual fund manager or a stock broker.

Why I Think This Has Clout Over All The Other Ideas In My Brain
As an entrepreneur I have many ideas rattling around in my brain, so why is this idea worth writing a blog post about?

I guess what makes this idea so good is that it can generate me a passive income. I can and am already making money online through freelance writing and writing sales copy, I don’t need another source of income that will make more work for me. My email list is already there, and it is already growing on autopilot, so I may as well take advantage of that fact.

Also, because emails can be sent out automatically, this has the potential to generate me passive income through affiliate sales and sales of my own products. This means I will be able to make money without having to work and I can then drop back on my working hours and spend more time with my family.

My Retirement Fund
I like to think of my email subscriber list as my retirement fund. Over time I am growing it by putting a little bit of time and effort into it here and there but mostly I am letting it grow on it’s own. Eventually it will earn enough money to pay for my lifestyle and I will be able to officially retire.

Making This Massive
Once these emails are written (the ones that market products) I can then begin to work out my average cost per subscriber. So if I get 100 new subscribers and make $100 from them then each subscriber is worth $1.

Once I have worked out my cost per subscriber I can then kick things into high gear and as long as I am not spending more than $1 to get a new subscriber I am either breaking even or making a profit. So I can start spending money to grow my list and make more money…this will be when my retirement fund really starts working for me.

Do You Have A Retirement Fund?
No I am not talking about a traditionally retirement fund, I am talking about one that can generate your passive income NOW so that you can quit or cut back on work and still live the life you are living (and afford to live it). My retirement fund is growing and it is costing me ABSOLUTELY NOTHING to grow it. My return on investment is infinity because it doesn’t cost me anything.

If you want to grow your retirement fund like me then I have the deal for you. You can sign up for Aweber for just $1 for the first month. You can try this out for JUST $1!!! What do you have to lose? Start building a retirement fund (aka an email subscriber list) so you can retire early like I will.

From now on I will be posting my weekly email newsletters that I write so that I can give my email subscribers quick reference to emails that have been written in the past. You can view all the past emails by clicking on the “Email Newsletters” Category in the sidebar.

ps. Some of the formatting gets mixed up in the move from email to my blog. For best results sign up for my email newsletter!!!

I was at work today (at the chemist) and some how we got talking about high school and the marks we got. In my final year I got a UAI of 94.65, which is very good (it means I’m smart) and the girls at work were saying I could do anything.

Trying to sound the least amount of cocky possible I know that I am very smart. If I wanted to I could do physics, psychology, pharmacy, Scientology, or any other kind of ology that needs a big brain and a fancy degree. But my response to the girls was that I am already doing what I want to be doing.

At heart I am a family man through and through. Instead of using my smarts (at this point in time) to get a degree and make a lot of money I am using my smarts to do exactly what I want to do, that is, starting a family.

Also, on the money side of things, I am using my smarts as an entrepreneur. I really enjoy starting businesses. Sure, I am not amazing at it yet…but I am learning heaps and constantly growing smart and smarter (and slowly earning more and more money from it). Currently I am freelance writing and copywriting full time. With the writing and working at the chemist I am earning decent money, not amazing but decent.

Why Don’t You Get A Career?

A lot of people ask (and if they don’t ask they wonder) why I haven’t gone and got myself a career. Because I easily could, I could go to uni and do almost any uni course I wanted and I could study to be something and then launch a good solid career and earn a bucket load of money (if I had to do this I would become a psychologist and they earn loads). Some might think I am scared, or maybe I am lazy, or maybe I am just odd.

The reason I do business is because it is a game, there is a huge element of fun to it. It is fun trying new things and new ways to make money, it is fun trying to turn an idea into a viable business, it is fun waking up (like I did this morning) and reading an email telling me I just earned $50 in my sleep.

I could do a career, but the element of the game isn’t there. I look at the old fart businessmen like Rupert Murdoch, Mr “Westfield Shopping Town”, James Packer and the other Billionaires and I can see they are in their element. Some are in their 70′s and 80′s and charging on. They don’t work for money, when you have 5 Billion to your name making more money isn’t a top priority. They do it because this is their fun, this is their game. That is where I can see myself when I am 70.

So in answer to the question “What Do I Want To Do With My Life?” the answer is three fold

1. Be a Family Man and have a bus load of kids and be an awesome dad and raise an awesome family. There is nothing more important than this.

2. Be a businessman and entrepreneur. Start businesses, build businesses, run businesses and sell businesses. Business is the game and money is how you keep score.

3. Ministry. I am a christian and serving God is extremely important to me. I want to use my skills as a family man and entrepreneur to impact my community and make a positive impact. How positive an impact do you think you could make with $5 Billion?

I wonder what you want to do with your life.

A lot of people getting married ask me where I got my photography, video and other things done. This page outlines who I used and will tell you why they are awesome and why you should use them too.

<<<<<<<THIS IS A WORK IN PROGRESS>>>>>>>>>>>

Photography – Daniel Griffiths – http://dgphotos.com.au

Videography – Gary Wright/Sketchbook Media – http://Sketchbookweddings.com.au

http://www.sketchbookweddings.com/weddings/Entries/2009/5/24_Ryan_and_Kelly.html

Ryan & Kelly Photoshoot from Sketchbook Weddings on Vimeo.

Flowers and

When I spend time working on businesses I want to make sure that I am working smart, so that I don’t have to work hard. The smarter you can work the more money you can make.

The internet is a great place to start a business because you have so much leverage. You can leverage technology to work smart for you so that you can work less and earn more. For example, my websites are live 24 hours per day working for me, generating an income and taking sales. I just let them be and they do all the work for me. My websites reach out to customers, my websites collect customers details, my websites make sales for me without me having to be there. This is a great way to use technology as leverage to create a great business.

I have come across a great way that I can build two businesses at once. This method makes it twice as likely that my hard work will bring in a good financial return. The better return I get on my hard work the more money I make and the richer I become. So do you want to know my simple method for building 2 businesses at once? Well let me explain it to you.

I have two businesses. They are

• Property Finding Service at http://CashFlowInvestor.com.au
• 14 Day Passive Income Generator Training course at http://RichAcademy.com/aweber

I am using the email marketing tool Aweber to grow both my businesses at once and I want to show you how.

• I created an email newsletter for CFI (CashFlow Investor) using Aweber and I also created my RA (RichAcademy) e-course using Aweber.
• I spend time marketing CFI and I find it fairly easy to get decent amounts of traffic to the site. So on CFI I put a sign up form to allow people to subscribe to my email newsletter for monthly property updates. Whenever someone subscribes to the newsletter they get sent an email recommending them to try my Passive Income Course.

My clients at CFI want to generate a passive income through property. But a lot of them are also interested in other ways to generate a passive income. By teaching them (for free) how to create a passive income online they begin to trust me more AND they can achieve their passive income goals.

So far I have had a success rate of about 20%. That means that 20% of people who sign up for my CFI newsletter will also sign up for my e-course.

• My ecourse is free, but I make money from affiliate sales and sign ups. So whenever someone signs up for an affiliate service or product I get a commission.
• I can now focus on building my email subscriber list for CFI so that I can get more paying customers through the door (by converting subscribers into clients) but I can also grow my secondary source of income without any extra work.

Instead of trying to market two products individually and spending a lot of time and energy on marketing. I can focus on marking CFI and then still grow my list of ecourse subscribers through that. So I am effectively growing two businesses at once. A great way to leverage your time.