Netvestor: intro
Showing posts with label intro. Show all posts
Showing posts with label intro. Show all posts

Tuesday, December 18, 2007

Little about Netvestor

I just realized I never had the opportunity to discuss a little bit why am I involved in website investing, what are my goals and why do I write about this.

First of all, you should know that I am a software engineer and have been working with computers for more then 22 years. They defined my life in a way. I always knew that I will be making money using computers because that is what I like to do.

I have been working in software development business for a long time. This year I decided it was time for a change. I do like software development but I was getting nowhere with it. What I had was a steady job and a steady salary, I always wanted more then that.

Time for change

I begun looking for opportunities elsewhere. I have read a book called "Rich Dad, Poor Dad" (amazon aff. link) which I am sure many of you have heard about. If you didn't, then I suggest you read it. It will not tell you how to get rich but it will open your eyes (a big step trust me).

So first I got involved in stock market. Luckily I decided to get one of those virtual accounts first, where you get virtual money to play with. I got $5000 and I begun investigating and reading every possible book about stock market investing. That is how I always do things. I did manage to increase my account to around $15,000 but I was spending 10-12 hours a day in front of stock market charts. I was trading options which is the most profitable way of stock market trading in my opinion. But soon I was lacking time and energy (and beginner luck) to be consistent and my virtual money plummeted to 0. Luckily it was only virtual money but a lesson learned.

Real estate was a next logical step, but I was lacking funds and the banking system here is still not strong enough to support proper investing Rich dad, Poor dad style.

Then I decided it has to be something I know and soon my attention got to Internet. At first, I was drawn to domain investing. You know, buy a domain name and hope someday you will sell it for millions. That doesn't happen, unless you own earth.com which you don't. I wrote an article on domain investing a while ago and explained why is website investing better. I invested around $900 into about 110 domain names. It's an addicting game, you get drawn to it and soon you find yourself reserving every (stupid) domain name you think of. I sold only one for $100 (that was pure luck). I decided it was time to move on. I needed reliable source of income because idea of quitting my daily job was growing on me.

With so many domains lying around I got an idea to make them into websites. Once again a lengthy process begun, this time learning everything about SEO and internet marketing. Many webmaster forums are great and time consuming way to do this.

Months passed and I started getting results. When I figured I am able to earn something and repeat it consistently I decided to start this blog and teach what I learned. Many would argue that I shouldn't be doing this and keep all the secrets for my self but a) I owe part of my success to other people's published secrets b) with more competition it makes it more fun

So where am I now and where am I going

The world of website investing is very dynamic and so much new information unfolds every day. I have donated part of my profits to charity and I figure I can always earn more because it's so easy to do it. We are still at the eve of website investing and there are a lot of opportunities around. I am convinced that I can grow up very fast in this business.


What are my dreams?

My longest term goal is to travel around the world in a sailboat, Porsche Carrera GT in garage, and a charity organization of my own helping nature and living beings in need. I figure for that to happen I will have to earn around $3000 per day which is a lot, and not so really.

Sunday, October 28, 2007

Earning money with zero investments using Website Investing methods

How to make money with zero investment? It is an old question. Thanks to Internet, making money opportunities are in abundance.

I want to share my experience in how to earn money on Internet using only free tools and services through a process called Website investing. I will show you methods and techniques that I learned. And we will learn together in this netvesting adventure.

The whole Website investing process can be split simply into fours separate steps:

  1. Research
  2. Development
  3. Marketing
  4. Conversion
Research is a part where you search for a 'niche' for your new Website. Niche is a term, made of one or several keywords, describing your target market. Like for example "shoe making". Your want to find a niche for which you have little or no competition on the Internet, while there exists a general interest for it (people search for it in the google). Finding a good niche is extremely important.

Development is a part where you develop your website around your niche. We need a development platform and content. Good content is very important because you want users to read about something useful which will help you get better rankings with search engines like Google and Yahoo. You will develop content using free website creator services, such for example is blogpsot.com the home of this site. I have not paid a cent to have this site, I do not pay any bills and I do not have to worry about server problems. I only have to write. Everything else is taken care of. There are a lot of other sites like this all about you will learn in website development related posts.

Marketing is a phase where you let the world know about your content. Purpose of this step is to generate traffic (visitors) to your site. The more usable and original content you have the less you will have to worry about marketing. Still you have to make an initial move. Social networking is very popular tool for letting others know about your content. There are other tools like forums, directories, word of mouth etc. The crucial thing is to have content worth talking about or recommending. Key to remember is if you wouldn't recommend your new site to your friends , then don't expect others will.

Conversion is where all the visitors "convert" to earnings. It is all called monetization. It is somewhat a rough word, but it describes process from a monetization perspective. In practice about 200 visitors are needed to make one sale. Interestingly it does not matter what you are selling. If you are selling a sticker for $2 or a diamond ring for $2000, it will still need about 200 visitors to sell it. Chance is people that look for stickers will have around $2 to spare and people looking for diamonds will have $2000. That's an interesting fact that needs to be remembered.