Art Of Money

Passive Income Tips - Edition #2

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1.) Product of the Week - RegisterFly
2.) Feature Article - Domain Seeding
3.) Jon’s Business Update
4.) Website Spotlight - SnapNames

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Product of the Week
=============================================

This week’s product is actually a website:
http://www.registerfly.com/

Why it’s recommended:

-> Cheap Domain Names
-> Sales and specials that make purchasing irresistible
-> Low Cost Domain Transfers so you can consolidate
your domains into one place.

The real reason for me to recommend Register Fly is the
pricing. They routinely have sales of .info domains for $.60
and .net domains for 2.75 for a year.

They have an affiliate program but it seems to be a bit
neglected so I haven’t bothered with it. It is with ShareASale.com
if you want to check it out.

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Domain Seeding
=============================================

This week’s newsletter is all about domain names. Our product
offering is how to get them cheap and the recommended website
is about how to snatch expiring domains before they come onto
the open market.

The other domain strategy that I’d like to cover is what I call
“domain seeding.”

Domain seeding is something I do for a couple reasons:

1.) If I purchase a domain for pure speculation. Domain speculation
is
buying a domain because you think a topic or keyword will increase
in value. A while ago I read about the a high school science fair
where a student blew the crowd away [and attracted international
attention] when he was able to produce electricity from these
microbes
[ http://www.wired.com/news/technology/0,70882-0.html ]. So I grabbed
a couple magnetic bacteria domain names…before I finished
reading the article.

2.) Future project ideas. If I know that I’m going to do a project
about “purple widgets,” I’ll grab a small basket of domains that
have keywords related to the project idea. I may not use any of
them in the project directly but at very least they could operate
as feeder sites.

Now once you have these domains, rather than just let them sit or
putting them on Sedo.com and having them earn $0 in clicks from
type-in traffic, what I do is to set up a hosting account
[unlimited domains on Hostgator for $10 a month:
http://tinyurl.com/e7ya9 ] and then do a Wordpress
install on it.

From there go to an article site or write your own and put one or two

related articles into the site.

Customize your Wordpress permalinks with this format
/%category%/%postname%/

Remove the built-in links and link to the a couple of the 10 ten
sites
from Google for the site’s main keywords.

Go and get a decent quality permanent link to the site.

That’s it. Your domain is now seeded. When you want to develop it, it
will be ready for you. I have had domains that with no more work that
what I
just mentioned, end up as PR4 or PR5 in a few months.

The other big advantage to this method is that Google has “first
indexed
date” as part of its ranking algorithm, so the sooner you can get
your site indexed the better your odds of doing well and better
your chances of avoiding the dreaded sandbox.

=============================================
Jon’s Business Update
=============================================

-> My big article on Site-Reference was a big bust. Actually
the article itself http://tinyurl.com/rrzmb did well in user ratings
[4 out of 5 stars] but the site ref editor botched by author box
and the link wasn’t pointing to my site…even after getting the
link fixed I don’t think I had a single visitor from the the story

-> Revenue from my niche sites remains low but the affiliate
site I’m building has begun to get traffic and has generated
over $100 in affiliate sales in the past 3 days. I’m really
encouraged that getting off of the Crack-Sense habit is paying
dividends so quickly.

-> If you read my article on the Internet Business Manifesto
http://tinyurl.com/o23cw you’ll know that the simple ebook
really opened my eyes to the fact that I was doing things the
hard way and that likely I was not on the path to reach the
goals that I have set for myself.

One of the things that I have really enjoyed from doing my
affiliate site is that I have been following James Martell’s
Affiliate Marketing Guide [ http://tinyurl.com/gf28x ].
I just turn my brain off [at least the unproductive part that
questions
everything] and follow step-by-step and it has been so refreshing
to just do rather than to try and figure out what is going to work.

=========================
How To Learn The Smart Way
=========================

I realized that it goes something like this when you want to do
something:

1. You can learn it from someone who has been where you want to go.

2. You can learn it by doing your own thing and suffering the
consequences until you are ready to do it the #1 way.

I really am tired of suffering so yesterday I signed up for a
mentoring
program. I’ll be paying pretty good money on a monthly
basis to have this person coach me to the next level in my
business.

Since Robert Kiyosaki wasn’t available I have found someone
with an Internet business background. I’ve nicknamed him:
“Rich Dude.”

==========
Rich Dude
==========

Why I’ll be listening to what he says:

“Rich Dude” made over 1.5 million from AdSense in 2004
and now does not use AdSense any more. He claims it is
the most difficult way to make money online.

“Rich Dude” can generate a product idea and turn it around
and have it out and earning a profit in 35 hours. He knows
about systems.

“Rich Dude” can go on vacation for long periods of time
and have his company be worth more than when he left. He
knows about outsourcing and automation.

It will be interesting to how being mentored will affect me and
my business. Already I am experiencing great expectation and
some nervousness. I don’t expect the process to be totally
comfortable, otherwise I’d already be rich, right?

I guess my book will be called, “Rich Dude, Poor Dude!”

Until next week,

Jon Symons
http://artofmoney.org/

Questions or comments
http://artofmoney.org/contact/

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Website Spotlight
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This week’s website in the spotlight is SnapNames.com
http://www.snapnames.com/

Snap Names is a service that lets you jump the queue for expiring
domains. It costs $60 and so far I have yet to have them not acquire
a domain that I requested. The only catch is that there can be other
Snap users wanting the same name. When that happens they have
a three day auction and the domain goes to the highest bidder, so
price can jump considerably from the $60 base fee.

It is clear that domains are a pretty large part of the ranking
factors so
the value of a good domain is continually rising.

Warning: It is possible that a domain will lose all of it’s pagerank
and
be excluded from the Google index when it changes owners. Buying
previously owned domains for their PR or backlinks or Google traffic
is not recommended by me [although I know others have claimed to
have had success with it].