Friday, 26 October 2007

How to make money online with social news websites

My favourite Social news website got a PR 7 from Google.
It's also a way to make money online.
I am planning to publish an interesting post how to make money online with social news websites and social bookmarking websites sooner.
Keep track of new posts!

Wednesday, 24 October 2007

Internet Business from Home - How to Achieve Your Million Dollar Goal

Are you planning to get rich? Are you planning to make a million dollar from your internet home business? Do you want to make a killer income from your internet home business? Or you want to murder your job and start your very own internet home business?

If you answered YES to any of these above questions the very first thing you have to do is setup your million dollar goal and approach it step by step creating a simple but realistic plan. You have to first believe that you can do it and then DO IT. The purpose of this article is to show you how to setup your million dollar goal and move towards it step by step.

Step 1 - Write down your income goal?

Step 2 - Write down why you want to make a million dollar?

Step 3 - Setup your long term goal.

Step 4 - Setup your short term goal.

Step 5 - Create an action plan.

Step 6 - Fire, take action.

Lets get into details and start shooting your internet home business million dollar goal...

Step 1 - Write down your income goal?

The very first thing you have to do is write down what amount of money you want to make per year. They write down how much you want to make per month. Do the same thing for per week and finally per day. Write down the income that you want to make on a sheet of paper.

Step 2 - Write down why you want to make a million dollar?

Write down why you want to make this kind of money. Write down all the emotions behind making this amount of money. It could be giving a luxurious life to your family, getting BMW, getting a 75,000 square feet house or anything it may be. Write down everything that you would like to do once you have this kind of money.

Step 3 - Setup your long term goal.

Now write down your long term goal. Your long term goal could be making a million dollar. Write it down.

Step 4 - Setup your short term goal.

Now write down your short term goal. Your short term goal should be...

1. Realistic.

2. Believable.

You can setup your short term goal to make $200 per month. Your subconscious mind will believe it and will work on it.

Step 5 - Create an action plan.

Now write down an action plan to shoot your short term goal. Yes strive hard to make $200 per month from your internet business.

Step 6 - Fire, take action.

Now take action on your action plan. Just keep taking action to achieve your short term goal. For example, your short term goal is to make $200 per month and you achieved it, now edit your short term goal and make it to achieve $500 per month. Keep increasing your short term goal and keep achieving it, this will take you closer and closer towards your long term goal, that is a million dollar. Also keep reading what you have written down in step 1 and 2 every day, this will keep you motivated to achieve your short term goals.

Thx to Murtuza Abbas

Sunday, 21 October 2007

Million dollar idea - Mother invents Secure2Me baby blanket

Mother invents Secure2Me baby blanket that won't fall off baby

Everyone Has New Million Dollar Idea

Tell me if you have experienced this scenario: You have an idea that you are certain will change the course of humanity. Your idea is so revolutionary that people will be beating your door down to get it. However, because of the daily riggers of life, you set your idea on the shelf. A couple of months later, while watching television, you see your idea there. Someone else stole it from you and is profiting from it. Naturally, they just had a similar idea. The difference is that the other individual acted upon that idea as opposed to forgetting about it.

If you are like most people, this has happened to you. Perhaps it has occurred on more than one occasion. As much as this is a disheartening experience, it is good to remember that you thought up the idea yourself. Even though someone else had the same idea, if you knew nothing of it, you mentally created the product yourself. This is really uplifting if the idea turns out to be an extremely successful venture.

It is important to remember that in this scenario, you had a million dollar idea. For those who had this happen a couple of different times, congratulations. You generated a number of million dollar products. This shows that you are entirely capable of having a multitude of wealth generating ideas.

Many people believe that they do not have the capability to develop something of this nature. They feel that the creation of successful products and services is only relegated to an elite few. The truth is that anyone can come up with a winning idea. It happens everyday. Those who typically create things in the manner are regular people who see a need. The major difference is they do something about it. Taking action is what separates them from those who kick themselves for missing an opportunity.

Business coaches teach that a fundamental component of success is to follow this basic formula: find a need and fill it. The more people who have the same need, the more successful your enterprise will be. The largest corporations serve tens of millions of people with their products, thus creating huge revenues. In comparison, a small business will cater to hundreds, perhaps, thousands of individuals. Regardless of the size, the successful businesses fill a particular void in their customer's lives.

Fortunately, today, the entrepreneurial spirit is alive and well within a segment of the our population, Turn on the television late at night and you will see the results of these people's ideas. There are infomercials promoting all kinds of products. These are not ideas generated by the huge “think tanks” at the Fortune 500 companies. Rather, the products offered are the creations of regular people. They are generating terrific incomes off something that was a mental image in their mind.

The human mind is a curious mechanism. It has the power to look at things in a way that is different from what presently exists. Some of the best ideas are not “white sheet” creations. Instead, they were alterations made to existing products or services already in existence. An example of this is the ladders marketed on television. These devices can be folded to fit into a variety of positions. They can be raised, lowered, or set up as scaffolding. Of course, there is nothing novel about the ladder. It is something that existed for thousands of years. Yet someone added to its basic design to manufacture a product that serves a multitude of purposes. This is a wonderful tool for those individuals who have the applications these products serve.

As mentioned, everyone is capable of having ideas of a similar magnitude. Begin by asking yourself, what would make your life easier? If there is an area of your life that is difficult, there is a good chance others are experiencing the same challenges. Can you make something larger, smaller, or easier to use? Is there something that can be altered slightly to serve a completely different purpose? How could you solve some of the daily obstacles if you had unlimited resources? Questions such as these help to focus you mind to see things a bit differently.

Everything that we see around us started at some point as an idea. Someone had a thought that eventually resulted in the creation of the product you know enjoy. Perhaps there were many generations that item went through until it reached the form it is in today. Begin to think in terms of taking something and moving it into its' next cycle.

People have million dollar ideas everyday. Unfortunately, for most, they discount them as silly or impossible. They feel this way until they see the same idea on television a few months later. Believe in the capability of the mind to develop these mental resources. Cherish your ideas. When mixed in with some action, they become the main ingredients for your success.

by Dennis Harting

Wednesday, 17 October 2007

Joke - Send your million dollar idea and a valid credit card to me!

I've found a joking post about new million dollar ideas. Look at this:


Do you have an idea? Do you want to know if it can make you a million dollars…or more? To find out, simply send your idea and a valid credit card to:

Million Dollar Idea Guys
P.O. Box 123
New York, NY 10023

Thousands of people just like you have already joined the high-paid ranks of professional idea thinker-uppers. Don’t let this exciting opportunity pass you by!


Thx to 'Who is the Atomic Blowtorch?'
Be very careful with this joke :)

Saturday, 13 October 2007

Jack Whittaker - another unlucky lottery winner

Jack Whittaker is a businessman who became famous when he won US$315 million in the Powerball multi-state lottery. At the time it was the largest jackpot ever won by a single winning ticket in the history of American lottery. He has garnered even more publicity since his win due to several well-publicized brushes with the law as well as personal tragedies.

Whittaker purchased the winning Powerball ticket at a supermarket in Hurricane, West Virginia, where he had stopped for a deli breakfast sandwich and to get fuel for his car.
The jackpot that day was a US$314.9 million annuity or US$170 million cash. Whittaker chose the cash payment option and received a check for approximately US$93 million after tax withholdings.

He donated $14 million to establish the Jack Whittaker Foundation, a non-profit organization that provides food and clothing to low-income families in rural West Virginia, pledged 10% of his winnings to Christian charities. Furthermore, he tipped the woman who sold him the winning ticket by buying her a house and a new car.

The pressures of his new wealth also caused numerous problems. Whittaker has been arrested several times and has had numerous well-publicized domestic problems.

Finally, he was arrested for drunk driving. If convicted, he could face up to 6 months in jail.

In August,2003 thieves broke into his car near a strip club in Cross Lanes, West Virginia. The thieves went away with $545,000 in cash

In January, 2004, thieves once again broke into his car, this time making off with an estimated $200,000 in cash.

In September 2003, Jesse Tribble, a 17-year-old friend of Jack's granddaughter Brandi Bragg, was found dead in Whittaker's home in Teays Valley, West Virginia. A coroner's report indicated that he died of a drug overdose. Several months later, on December 20, 2004, Brandi, 17, was found dead after a drug overdose. After she had been missing for several weeks, her body was discovered lying under a tarpaulin near her boyfriend's home.

Whittaker is also being sued by Caesars Atlantic City casino for bouncing $1.5 million worth of checks to cover gambling losses. Whittaker is also countersuing them, claiming that his losses were supposed to be credited due to a slot machine he developed and that they in fact owe him money

In January, 2007, a legal complaint against Whittaker alleged that Whittaker claimed that on September 11, 2006 thieves took all of his money. The robbers, according to the account, went to 12 branches of the National City Bank and cashed 12 checks. The incident came to light because Whittaker had not been paying money to a woman who had previously sued him. Kitti French filed the complaint earlier in the week, requesting court costs and money from Whittaker.

On March 26, 2007, Jack Whittaker settled a wrongful death civil suit. The unexpected deal came not long after Whittaker was questioned about whether his money and alleged lack of supervision contributed to the death of 18-year-old Jessie Tribble. Whittaker defended providing his granddaughter, Brandi Bragg, with a $2100-per-week allowance. James Tribble alleges an un-parented Bragg funded the drug purchase that let his 18-year-old son Jessie die of a drug overdose in Whittaker's house. Following Whittaker's testimony, a deal was reached. James Tribble said there was no winner in the suit after the settlement was reported. Earlier Christie Tribble testified that she gave her son $20 just before he died, but thought he was joking about buying drugs.

Story Sources:
Lottery Winner: Thieves "Got All My Money", CBS News
Rich Man, Poor Man, Washington Post
Wikipedia
One wild ride for jackpot winner, USA TODAY

Friday, 12 October 2007

7 lottery winners who lost their millions

Having piles of cash only compounds problems for some people. Here are sad tales of foolishness, hit men, greedy relatives and dreams dashed.

For a lot of people, winning the lottery is the American dream. But for many lottery winners, the reality is more like a nightmare.

"Winning the lottery isn't always what it's cracked up to be," says Evelyn Adams, who won the New Jersey lottery not just once, but twice (1985, 1986), to the tune of $5.4 million. Today the money is all gone and Adams lives in a trailer.

"I won the American dream but I lost it, too. It was a very hard fall. It's called rock bottom," says Adams.

"Everybody wanted my money. Everybody had their hand out. I never learned one simple word in the English language - 'No.' I wish I had the chance to do it all over again. I'd be much smarter about it now," says Adams, who also lost money at the slot machines in Atlantic City.

"I was a big-time gambler," admits Adams. "I didn't drop a million dollars, but it was a lot of money. I made mistakes, some I regret, some I don't. I'm human. I can't go back now so I just go forward, one step at a time."


Living on food stamps

William "Bud" Post won $16.2 million in the Pennsylvania lottery in 1988 but now lives on his Social Security.

"I wish it never happened. It was totally a nightmare," says Post.

A former girlfriend successfully sued him for a share of his winnings. It wasn't his only lawsuit. A brother was arrested for hiring a hit man to kill him, hoping to inherit a share of the winnings. Other siblings pestered him until he agreed to invest in a car business and a restaurant in Sarasota, Fla., - two ventures that brought no money back and further strained his relationship with his siblings.

Post even spent time in jail for firing a gun over the head of a bill collector. Within a year, he was $1 million in debt.

Post admitted he was both careless and foolish, trying to please his family. He eventually declared bankruptcy.

Now he lives quietly on $450 a month and food stamps.

"I'm tired, I'm over 65 years old, and I just had a serious operation for a heart aneurysm. Lotteries don't mean (anything) to me," says Post.


Deeper in debt

Suzanne Mullins won $4.2 million in the Virginia lottery in 1993. Now she's deeply in debt to a company that lent her money using the winnings as collateral.

She borrowed $197,746.15, which she agreed to pay back with her yearly checks from the Virginia lottery through 2006. When the rules changed allowing her to collect her winnings in a lump sum, she cashed in the remaining amount. But she stopped making payments on the loan.

She blamed the debt on the lengthy illness of her uninsured son-in-law, who needed $1 million for medical bills.

Mark Kidd, the Roanoke, Va., lawyer who represented the Singer Asset Finance Company who sued Mullins, confirms her plight. He won a judgment for the company against Mullins for $154,147 last May, but they have yet to collect a nickel.

"My understanding is she has no assets," says Kidd.


Back to the basics

Ken Proxmire was a machinist when he won $1 million in the Michigan lottery. He moved to California and went into the car business with his brothers. Within five years, he had filed for bankruptcy.

"He was just a poor boy who got lucky and wanted to take care of everybody," explains Ken's son Rick.

"It was a hell of a good ride for three or four years, but now he lives more simply. There's no more talk of owning a helicopter or riding in limos. We're just everyday folk. Dad's now back to work as a machinist," says his son.

Willie Hurt of Lansing, Mich., won $3.1 million in 1989. Two years later he was broke and charged with murder. His lawyer says Hurt spent his fortune on a divorce and crack cocaine.

Missourian Janite Lee won $18 million in 1993. Lee was generous to a variety of causes, giving to politics, education and the community. But according to published reports, eight years after winning, Lee had filed for bankruptcy with only $700 left in two bank accounts and no cash on hand.

One Southeastern family won $4.2 million in the early '90s. They bought a huge house and succumbed to repeated family requests for help in paying off debts.

The house, cars and relatives ate the whole pot. Eleven years later, the couple is divorcing, the house is sold and they have to split what is left of the lottery proceeds. The wife got a very small house. The husband has moved in with the kids. Even the life insurance they bought ended up getting cashed in.

"It was not the pot of gold at the end of the rainbow," says their financial advisor.


Luck is fleeting

These sad-but-true tales are not uncommon, say the experts.

"For many people, sudden money can cause disaster," says Susan Bradley, a certified financial planner in Palm Beach, Fla., and founder of the Sudden Money Institute, a resource center for new money recipients and their advisors.

"In our culture, there is a widely held belief that money solves problems. People think if they had more money, their troubles would be over. When a family receives sudden money, they frequently learn that money can cause as many problems as it solves," she says.

Craig Wallace, a senior funding officer for a company that buys lottery annuity payments in exchange for lump sums, agrees.

"Going broke is a common malady, particularly with the smaller winners. Say you've won $1 million. What you've really won is a promise to be paid $50,000 a year. People win and they think they're millionaires. They go out and buy houses and cars and before they know it, they're in way over their heads," he says.


Are you really a 'millionaire'?

Part of the problem is that the winners buy into the hype.

"These people believe they are millionaires. They buy into the hype, but most of these people will go to their graves without ever becoming a millionaire," says Wallace, who has been in the business for almost a decade.

"In New Jersey, they manipulate the reality of the situation to sell more tickets. Each winner takes a picture with a check that becomes a 3-foot by 5-foot stand-up card. The winner is photographed standing next to a beautiful woman and the caption reads: 'New Jersey's newest millionaire.'"


Conclusion

Bill Pomeroy, a certified financial planner in Baton Rouge, La., has dealt with a number of lottery winners who went broke.

"Because the winners have a large sum of money, they make the mistake of thinking they know what they're doing. They are willing to plunk down large sums on investments they know nothing about or go in with a partner who may not know how to run a business."

Bradley, who authored "Sudden Money: Managing a Financial Windfall," says winners get into trouble because they fail to address the emotional connection to the windfall.

To offset some bad early decision-making and the inevitable requests of friends, relatives and strangers, Bradley recommends lottery winners start by setting up a DFZ or decision-free zone.

"Take time out from making any financial decisions," she says. "Do this right away. For some people, it's smart to do it before you even get your hands on the money.

"People who are not used to having money are fragile and vulnerable, and there are plenty of people out there who are willing to prey on that vulnerability - even friends and family," she cautions.

"It's not a time to decide what stocks to buy or jump into a new house purchase or new business venture.

"It's a time to think things through, sort things out and seek an advisory team to help make those important financial choices."

As an example, Bradley says that people who come into a windfall will typically put buying a house as No. 1 in list of 12 choices, while investing is No. 11.

"You really don't want to buy a new house before taking the time to think about what the consequences are.

"A lot of people who don't have money don't realize how much it costs to live in a big house - decorators, furniture, taxes, insurance, even utility costs are greater. People need a reality check before they sign the contract," she says - according to MoneyCentral MSN

Wednesday, 10 October 2007

3 Ways to reach a Success

Many people now-a-days find it difficult to finish projects. Because they cannot bring closure to their tasks they are not positioning themselves to experience significant levels of increasing success in their lives.

There are hundreds if not thousands of things that could actually be contributing to this phenomenon, but the biggest arguably is the vast amount of information that is made available to us on a daily basis.

Having instant access to an unlimited amount of information can be a great asset, but it can also prove to be the “Achilles heel” to your search for success.

At any given time, I have several hundred emails sitting in my inbox clamoring for my attention. If that wasn’t enough my phone most f the time seems to be ringing off the hook! If I go online to do research for a particular interest, I am confronted with hundreds of thousands of possible “answers” to my research question.

So while I might be able to find absolutely anything I want using the internet, I might not have or be able to afford to invest the time that it would take obtain all of the necessary information that I seek form the net.

We can all agree that Information is virtually unlimited for anyone of us. What is not unlimited is our time. This is why mastering focus in our lives is so important. That is why today I want to share with you three methods of making sure you keep your focus and stay on track.

1. Create an Information management schedule system that works for you.
Most people cannot deal with the mountains of information that is dumped upon them on a daily basis because they have not created a system to do so.

For example, you can set a time each day where you are going to check email. Get rid of the junk/spam; respond to any pressing needs, and either read the great newsletters and content that add value to your life OR create a folder where you can place them for later reading.

NOTE: I strongly recommend you deal with your email ONCE. Try to avoid at all costs “touching” an email more than once…answer it, assimilate it (read it and take in what you need) or delete it. If you choose to file your emails, maybe you can set another time during the day where you read emails you filed.

Systemize the way you handle calls as well. Setup a time during the day where you will deal with phone calls that come in. You can even create a voicemail message in your system that tells them exactly when you will be returning their calls to them. At that set time, you can return the calls and people will appreciate that you told them ahead of time when to expect a call back from you.

2. Work on ONE project at a time

I have to admit. I have been guilty of this myself. I have come to learn that there is tremendous power in laser like focus on one single item or project at a time. Too many times we get scattered around doing 7 things at the same time.

Or while in the middle of a project we get our next latest and greatest million dollar idea and we abandon our current project to being working on our new idea…big mistake. Next thing you now a year has passed by and now we have 5 unfinished projects. If we would just focus, we would have finished the first one in 2 months and we can then move on the next one.

3. Create a Mind Map for Your project.

A good way to help keep you focused is to create a MIND MAP of your project. This will help you see the intricacies of your project while being able to get focused on the next step that needs to get done. Mind Maps are great to keep track of your progress while staying focused on the next crucial step in the process.

Wednesday, 3 October 2007

New million dollar idea: Million Euro Wiki

An exciting online-marketing project was unveiled to the public last week, launched with the full support of a number of the blogging community's elite, who have been quick to champion the tremendous potential of the Million Euro Wiki.

All that's left of the MDHP today is a mass of pixels collecting virtual dust. None of the successive MDHP clones have been able to replicate the success of the original - until now. Like the incredibly popular Wikipedia, the Million Euro Wiki is pro-actively marketed and promoted by its users, because each of them has invested a one-time fee of 75 euros ($100) to own a page.

News Image

Users of the Million Euro Wiki choose their own word or phrase as their page's title, and once they have paid the fee, that page is theirs - for life. "Nobody else can edit the page except the owner".

A page on the Million Euro Wiki can be edited just as a user would edit a page in Wikipedia, but the difference with the Million Euro Wiki is that a person's page can be used to promote a website, a blog, an affiliate product or a service.

Users work to drive traffic to their own pages through individual marketing campaigns, while a large portion of the money collected in sign-up fees is used to market the Million Euro Wiki, further driving traffic to the wiki's pages.

The SEO value of the wiki increases exponentially as more users join the community. Every time a new page is indexed by Google, the Million Euro Wiki gains in online authority.

The smart marketers are those getting in early - right now - and buying up popular words and phrases, such as "Business", "Money" and "Affiliates". Users are then able to monetize their pages by selling services or promoting advertising campaigns.

There have been a number of "million dollar" ideas on the Internet in the past two years. The first was the Million Dollar Homepage (MDHP) in 2005. The MDHP (milliondollarhomepage.com) offered Internet users the chance to own pixels on a static homepage, all sold for $1 each with one million pixels up for grabs.

"All that's left of the MDHP today is a mass of pixels collecting virtual dust. None of the successive MDHP clones have been able to replicate the success of the original - until now".

With the interest in the Web 2.0 buzz, Internet users are demanding more - they want to be involved; they want to interact. Online marketing is increasingly focused on communities.

While social bookmarking sites like Digg and Reddit are soaring in popularity, the Internet's leading entrepreneurs are pouncing on the opportunity to generate both online traffic and income with the Million Euro Wiki.

If that isn't enough to whet your appetite, for every 25 pages sold on the Million Euro Wiki, one user wins a 16GB iPod Touch in association with John Cow dot Com, who are also offering a 10% discount when the coupon "JohnCow" is used.

For more information visit Million Euro Wiki FAQ.

Monday, 1 October 2007

Book: How to License Your Million Dollar Idea


We all have great ideas, and every day, ordinary people turn their dimple, clever ideas into products or services that earn them millions in royalties. So what separates those who earn money exploiting their ideas from those who don’t?
The answer is in your hands: this audio book gives you all the information and all the motivation you need to turn your ideas into money without investment or financial risk.

Totally revised and updated, this Second Edition covers recent changes in patent law and how the Internet has impacted modern licensing.

Author Harvey Reese, a successful new product developer, consultant and licensing agent, reveals his proven step-by-step process for formulating an idea that manufacturers are willing to pay for and gives you the nuts and bolts information on patents, negotiating the deal and the licensing process. Filled with examples of successful, well-known licensing ventures, How to License your Million Dollar Idea has all the information and motivation you need to grow your idea into a fortune.

Add to: Digg Add to: Del.icio.us Add to: StumbleUpon Add to: Slashdot Add to: Netscape Add to: Furl Add to: Yahoo Add to: Spurl Add to: Google Add to: Newsvine Add to: Blinkbits Add to: Ma.Gnolia