Online video is a hot trend on the internet. Because of this, our Internet Giant, Google, spent billions of dollars to acquire Youtube in order to jump start in the video market. This story has already proven to us that Online video has become part of the internet and is getting more and more important to people.

As the education level keeps on increasing, more and more people know how to write and share their thoughts. Internet is one of the mediums that people used to share their thoughts and news. Initially, we only share our thoughts in words over the internet. After sometime we can share our photos or pictures like using the service from Flickr. Today, people can share their clips over the internet. We have to say thousands of thank you to broadband internet service.

Make Money from Your Videos

Besides Google’s Youtube, more and more video sharing web sites come out to the market. Some of them are innovative and provide different kinds of video sharing services to people. Part of their innovative is profit sharing with video publishers. This allows people to upload a video and start making money from it. Today, let’s find out which video sites are sharing their profit with you if you upload a video to them.

Network is very important in business. How big of your network will determine how big your business can grow and of course, it will affect your wealth too. This is why there are many experts encourage business owners to build network for their business because network equals to money.

Social Networking really appears at the right time and makes networking become easier. Social networking is a new trend that appears on the internet. It is a system that let you find and keep in touch with people who have some kind of interdependency with you such as your interest, business, expertise and so on. What does it mean? It means you can build a network that targeted on particular topics or for your business.

Leelefever really did a great job to create a video explaining what social network is in plain English. Let watch it below:

If you still don’t get any ideas how the social network can help you in business, then following video is the right one for you to watch where those co-founders of social networking sites discussing What’s So Great about Social Networking?

There are really a lot of advantages you can get from social networking. However, before we become active users, let us find out which type of social networking user that matches our personality. Below is a great video clip that I get from Dailyidea.tv which talk about What Type of Social Networking User are You?

Ok that’s all for the videos. So are you going to active in social networking?

Yesterday I received an email from my friend who is telling me to download a free report or mini ebook which I usually call. Yeah, there are a lot of free ebook available in the internet. Some of them are good to read like blog profit blueprint from Yaro but many of them just a normal ebook. So I usually not respond instantly on this kind of email even though it was sent by my old friend.

However, I was shocked the time I read the content of the email. I really can’t believe my eyes and I thought that my friend must be kidding and type something wrong. Do you know what he is saying?  

Earn $1 for every download you refer.  

Yes, my friend said I can earn $1 dollar every time I give out this FREE ebook to somebody else to download. Yes, it is free and you are not selling but giving! Sound like a scam doesn’t it? But my friend is different. He always makes some money from the internet. So I trust him and click on the link to find out more…..

Special Report : The IM-Myth

Actually this is a free and special report written by Russell Brunson. For more information about him, you can click on the link here which will bring you to a page about Russell Brunson. If you want, you can search “The Coolest Guy on the World” in Google and you will see Russell Brunson ranking in the top 10 list. Even Google also recognized he is cool.

Ok, actually now it isn’t time to investigate who is Russell Brunson, we are here to find out how to earn $1 for every free ebook we give away.

The Internet Marketing Myth

Ok, this is a free report that about Internet marketing. If you are new to the terms of Internet Marketing, here is the definition of it:

Internet marketing or online marketing is a marketing that uses the internet as the main media to market a product. Because of the internet leveraging, internet marketer can attack any market on the world that bigger than local market. Just like other normal marketing, it also involves some basic technique such as advertising, sales copy and follow-up which you must learn to really make money from this.

If you do the research on internet marketing, then you will know that there are millions of people actually make a living from it. Some of them even hit the level of rich using this simple business technique. Simple? Huh… saying is always more simple than doing. In fact,  there are a lot of people fail and not making any money from this too. This is the biggest myth of Internet Marketing that this free ebook talks about.

I have a copy of this ebook and if you want you also can download it here. It is free!

Inside the book, Russell will show you:

• Where is the money and so you can attack the right place to get it.
• What is the right way to approach your prospect on the internet and make money in less works.
• How to leverage on your prospect so you don’t have to spend a cent on marketing.
• How to use some offline marketing tactics, change it and use it in internet marketing.  
• And much more!

Download IM-Myth FREE report and Break the Internet Marketing Myth

Wait! This is a money making opportunity!

You can make $1 for every free ebook you give away to your friends, families, colleagues, neighbours and anyone who is online! Can you imagine that if 100 people download this free ebook through you at no cost? You can make $100 extra for this month!

Here are some points that why this is a hot way to make extra money this month:

1. This is a free ebook! Since it is free, most people will click on the link and download it.
2. This is a powerful ebook! This is a powerful ebook with a lot of eye-opening information on it. You definitely will have a good start on internet marketing through this book!
3. You lose nothing! No one lose anything in here. Only Russell will pay you for the downloads.
4. This is a chance to make passive income. How? Click here and read the application form carefully to find out the secret.
5. Russell is ready to help you. He makes and provides some good ways to help you to market and give this ebook out to more people. He might forget he will pay $1 for every free ebook you give away…

Now please don’t wait anymore, you can make money through this hot way within 3 October to 9 October only. Yes only 1 week of time! So hurry up!

Click on the link here to register and start making money.

This is an article that I write to answer a 19 years old boy’s question in richdad forum. He was asking :

I am looking for anyone to point me in the correct direction, my goal is to be financially independent by 25. I just recently joined this forum, I have done some research on recommended books and such, but just do not know what to do. I have no need for inspirational or motivational materials, I have plenty of that. I need a starting point, somewhere to begin my work.

I am thinking high-risk stocks, but do not know much about the stock market. Some friends and I were talking about real estate, but do no know much about that either. I am willing to learn anything. Any books that will go more in depth with these sort of things (i.e. termonology, etc.)? Any other ideas where I could begin?

This is the most common question that a lot of people ask when they want to make a plan to achieve financial freedom. So below is my answer for this question.

The First Step in your plan is ……

I will recommend you to plan anything that you can make excessive cash as your first step in financial freedom planning. At this moment, what I can see is business has the potential to let you make excessive cash, especially the online business. Of course, if you don’t like to start any business, you can do anything that you can to generate excessive cash.

But if you want to retire earlier, just like this 19 years old boy who wants to retire at 25. Then starting a business is must for you because of its potential. It can really make you retire and financial free quickly if you do everything properly. Of course, starting a business is not easy but I can tell you that it is worth to put some hard works into it. What you are doing right now is invest for your future. Furthermore, you don’t have to quite your day job to start your own business, for example, to make money online through blogging, all you have to do is sit down at your spare time and write some articles for your blog. This is the true way to achieve financial freedom – leverage on your spare time.

The Power of Excessive cash

So here are the reasons that why you should start with excessive cash:

1. Reduce the investment risks. People always afraid of taking risks when comes to investing. This is because they are worry of losing money. If you are investing using their limited cash or money, losing money is a big risk because it might affect your life and personal finance or even their retirement. But the story will be different if they invest with excessive cash. First you have excessive cash and you can invest in less risk because losing money will not affect you directly. Second you usually have a way to generate excessive cash, so you can always generate back the money if you loss it in investment. By reducing the risks, you will invest differently compare to others and hence you can achieve financial freedom faster.

1. Able to afford more and variety of investing options. Investing just like a strategy game where you must plan and use your strategy to make money. So each investment has its own options for you to invest. But some time you need to pay extra or use more money to use difference kind of options. So with excessive cash, you choose whatever you want. At the same time, you also can invest in different kind of investment to diversify your investment portfolio. Don’t put all your eggs in one nest, this is what most investment experts will tell you.

1. Afford some big deals which sometime are less risk! Yes, I found this from my customers who are rich. According to them, in some cases, your investment will not risky if you can put a certain amount of money in it. This is what we always call big deal investment. Some of them even can bring higher return and less risky compare to those small deals investment. I also found this theory when I was learning to trade in Forex last few years. In Forex, the more money you invest inside, the lower risks you have to carry. Now you know why those riches can invest not as worry as others.

How to Generate Excessive Cash?

3 ways I will recommend you to do for generating the excessive cash:

1. Mange and save your money. This is the most basic and conventional way to let you have excessive cash for investing.
2. Start your part time business. If you have a day job, I would recommend you to start a part time business which will allow you to build your business empire while still holding your day job. You can check my post 20 Ideas to start a part time business for more information.
3. Start your own online business. This is what I’m doing right now. I want to make money from internet and generate excessive cash for my financial freedom plan. If you want to make money from internet or start an online business, I will recommend you to start blogging. You can download this free ebook for more information. I can tell you that this is the best way I ever found to get started in online business.

Conclusion

Above are just my opinions and thoughts for the 19 years old boy’s question. My recommended path is start generating excessive cash, invest the cash and transform them into passive income, then finally achieve financial freedom. There isn’t just one correct path. Each person has their own path to achieve financial freedom. The most important thing is your passion. If you are not passionate about and love what you are doing, then you may hardly stay focus on it and succeed. The theory is same with business. You must understand your passion and then start a business around it. Then you can stay focus and succeed from it easily.

Do you have any advices for the same question? Why not share it here….

In my latest post, How to make a plan to achieve financial freedom, part 3, I recommend that we should start a business or build up some kind of income source to make excessive cash. This is because we need excessive cash to support our life and invest to get more passive income in the journey to financial freedom.

When comes to business, I will recommend you to start an Internet business. Currently I’m running 2 kind of business, one is online and another is offline. So from my experience, I can tell you that I will definitely choose internet business as my main business. Below are the 8 reasons why I say so:

Reason #1 : The Potential of Internet Business

Does Internet Business have a greater potential than other small business? Not really. This has to depend on a lot of factors and vectors around. However, Internet business still has its own greatest potential. A recent report by Forrester Research shows that online spending will grow up to $229 Billion Dollars by 2008. So can you imagine what it would be if you can share 0.01% from this figure?

Reason #2 : The Leverage of Currencies Exchange

US dollar is the most common currency used in Internet Transaction. So the money you make from your internet business is in US dollar too. This actually a great leverage to those people from other country. For example, I’m coming from Malaysia and 1 US dollar equals to 3.4 Ringgit Malaysia. So for every dollar I make, I will make 3 dollar in my country. With this leverage, my internet income can easily over pass the average income in my country.

Reason #3 : Low Start Up Costs

If you ever start a business before, you will know that starting a small business is quite expensive. However, Internet business is different. You don’t need to rent any office space. You don’t need any office furniture or hire half a dozen workers. There will be no salaries to pay and no labor insurance to worry. All you need is a computer that can online to run your online business. Maybe you need to spend another $50 per month to get your own domain name, web hosting or do some marketing for your site.

Reason #4 : Good Profit Margin

Most Internet businesses have high profit margins due to the low direct cost of sales. Let’s take the ebook business as the example. You don’t need any cost for stocking and delivering for your ebook. Like what I said just now, you just need a web hosting that cost you less than $100 per month. You may also need to pay a fairly small percentage of sales revenue for payment processing fees. Generally, you will make a profit of 50-75% in selling an ebook. A traditional small business is really hard to get this level of profit percentage in the sales.

Reason #5 : Global Market

Your internet business is targeting on those internet users all over the world. You can easily target on customers in any country you choose to. This market is getting big as more and more people will online in future.

Reason #6 : Spend More Time in my Home With My Family

I like to stay at home. I love to spend time with my family. So an Internet business will be my choice. The basic requirements of an internet business are computer and internet cable. So I can easily setup an office in my house and I can start making money from my home. I don’t have to run around under the hot sun, get stuck in the traffic jam and wear those formal clothes. Every day I just open my PC, connect to internet and I can start my business. If I finish my works, I can hang around with my family and do whatever I want to. This kind of leisure time is what I want in my life.

Reason #7 : Take More and Longer Vacations

I like traveling and I wish to spend most of my time in this. Recently I bought my new laptop and my internet business becomes portable. I can easily handle all my internet business related tasks easily in anywhere and anytime. So with a laptop, I can travel more and in a longer time since I can handle my business in anywhere. This is some kind of freedom that is hardly available in other traditional businesses and jobs.

Reason #8 : I enjoy it

I enjoy myself in Internet business. First I don’t have to do all the physically hard works. All I have to do is sit in front of my laptop and keep my finger busy with typing. To me this is an easy job and I enjoy this every much. Maybe this is because I am introversive.

Are you making money from internet too? Can you tell me what is your main reason to start an internet business?