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Monthly Archives: July 2018
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OMS Review Of “Trading Options For Dummies”? With Sean Allison 2018

Introduction – Professional Options Trading Education Program Aka “Trading Options For Dummies”?!

Professional Options Trading Education Program is an educational program presented by Sean Allison who is a professional public speaker and Options Trader from Perth Western Australia, who now lives on the Gold Coast of Australia.

Who Is Sean Allison?

trading options for dummies

sean-allison-options-trader

Sean claims to earn about $50k per month from his own personal trading activities, no wonder he can spend so much time on the golf course!

 

 

 

Sean is also a keen golfer

trading options for dummies

sean-allison-golfer and options trader

 

 

 

What Is A Professional Options Trading Program?

Sean Allison is a specialist Options Trader in stocks and shares who offers Professional Options Trading Education Program consisting of 9 training modules to achieve a strong foundation for Income Investing Success;

in other words “Trading Options For Dummies”?.

  • Key Concepts to Generate Income
  • Sean´s Basic Cheat Sheet
  • The Key Set Up For Charting Success
  • Understanding Put Options
  • Understanding Call Options
  • The Call Spread Strategy
  • The Put Spread Strategy
  • Mastering Trading Psychology
trading options for dummies

sean-allison-2-day-training

In addition to the above educational modules valued at 9000 GBP, Sean offers the following additional training:

  • 6, 1 hour long Skype sessions, which are valued at 1500 GBP, allowing a subscriber to get one-to-one access to Sean´s online coaches.
  • 12 months access to unlimited email support valued at 2000 GBP, providing online email support from Sean´s coaches during office hours.
  • How To Open Your Trading Account valued at 499 GBP, from which you will receive general assistance from one of Sean´s online coaches, with the procedure of opening your account, including help to complete the account application form.

Sean´s Crash Strategy which is valued at 2,997 GBP.

You will receive access to a bespoke program which Sean has developed which covers how to profit from a market crash.

Sean´s Options Trading Program 2 Day Workshop Training which is valued at 5,997 GBP

You will attend a live classroom style workshop, also you will receive 2 tickets for World Class Professional Options Trading Education, including catering for both days, morning tea, lunch and afternoon tea, provided free of charge.

At the 2-day Cash Flow workshop you are offered the opportunity to participate in the following activities:

  • Learning a 30-minute opening range strategy which can help students to make up to $11k per day.
  • The opportunity to discover Sean´s powerful squeeze strategy which enables you to identify when a stock is about to explode in value.
  • The opportunity to learn professional chart patterns that can make huge income quickly.
  • The opportunity to discover the 10 point check list to identify when the market is about to crash.
  • The opportunity to discover the step by step approach to finding income opportunities and exactly when to enter.
  • The ability to master Sean´s ultimate earnings strategy which turned $2,700 into $110,000.
  • Discover the exact steps to create an options trading business from scratch.
  • Learn the 3 secret chart set-ups which can create high probability income trading for life.
  • Receive one-to-one assistance by professional coaching and training staff.
  • Also, get all your questions answered.

trading options for dummies

 

You will become financially educated about Options Trading income generation, if you take advantage of all of Sean´s training.

Also, you will learn all about the Options Trading business in an interactive training environment, if you fully participate in the training.

Sean´s Elite Squeeze Strategy which is valued at 1,997 GBP

You will discover a powerful strategy which can be used to see when a stock is about to have an explosive move enabling you to turn a small amount of money into a much larger sum, quickly.

Plus Lifetime Access to Sean´s Ultimate Trading Diary valued at 1,297 GBP

Sean offers lifetime access to his own personal Ultimate Trading Diary, so you are guaranteed to know trades which work, because these are the ones he is using as well.

OMS Conclusion And Recommendation

We have not yet tried out Sean Allison´s training, but from what we understand he demonstrates good results in providing his:

Professional Options Trading Program

which is essentially “Trading Options For Dummies”. 

If you have tried it and would like to send us your review we would be happy to receive it.

 

Alternatively you could buy the book priced at $10.52 and let us know what you think about that:-):

Trading Options For Dummies: George A. Fontanills: 9780470241769

Thinking of trading options, but not sure where to start? Trading Options For Dummies starts you from the beginning with clear, step-by-step advice on how to  …

trading options for dummies

 

 

 

 

 

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2

OMS Review Of Rethink Social Media Advertising By Paul O´Mahoney

Introduction – Paul O´Mahoney – ReThink Social Media Advertising

Paul O´Mahoney is a best selling author and a specialist in Social Media Advertising, who has become very successful through his use of webinars and social media endorsement producing viral traffic growth. Paul even became a Guiness World Record holder recently for the longest ever continual public speech.

As the author of a book called ¨ReThink Social Media – Stop Wasting Time. Start Earning Money¨, Paul states that the book is organised in the following manner to give a good grounding in Social Media to even the most uninformed reader. Paul Offers his own version of Social Media by re-thinking his approach to marketing strategies.

social media training course

Paul O´Mahoney Facebook

Acknowledgments:

Paul acknowledges many of the people he has met on the way along his journey and writing his book Rethink Social Media. Those named include Gary McGeown, Donna Kennedy, Pat Slattery in Dublin in 2009, when his journey started. Apart from numerous unnamed friends (as Paul calls practically all his acquaintances) there is a big list of media and business celebrities who are acknowledged including:

Mark Anastasia, Milli Ponce, Richard and Veronica Tan, John DeMartini, John Assaraf, Tony Robbins, Andrew Reynolds, Tai Lopez, Richard Branson, Russell Brunson, and many more. If you want to see the whole list it would be better you buy the book (or borrow it) and read it.

Paul also thanks the various teams of people he has worked with along the way, as well as of course his family.

Precis of Re-Thinking Social Media

Section 1: Introduction

Paul quotes the following as the header to his introduction: ¨We cannot solve our problems with the same thinking we used when we created them¨, Albert Einstein.

social media training course

albert einstein

Paul states that an entrepreneur should have honesty and integrity as their most important assets.

He differentiates between the casual Social Media user and the entrepreneur who is trying to find advantage from the dialogue which takes place on Social Media, in order to identify and target potential customers.

Paul suggests that Social Media Advertising is essential for any business person to master and use for their business purposes in todays market place.

Chapter 1: Introduction – What is Social Media

Paul again quotes Einstein ¨If I had an hour to solve a problem I´d spend 55 minutes thinking about the problem and 5 minutes thinking about solutions¨.

Paul´s idea was to write a book about Social Media which would enable business owners and entrepreneurs to re-assess or re-think their approach to using Social Media. He defines Social Media as a means to socialize, which is a natural inclination of people through the ages, but in this age is channelled through certain pipelines such as Facebook, Twitter, Instagram, Pinterest, depending on what priorities and messages people want to communicate. Pinterest is obviously inclined towards people who want to share images and graphics. Twitter on the other hand is favoured by people wanting to give very brief snippets of information. Paul´s view is that Social Media in its current form started to evolve around 2005.

Social Media means different things to different groups of people, so for the business owner it is important to be able to identify potential markets. What is clear is that it is used by almost half the people on the planet, and takes up a massie amount of time.

What the business owner needs to do is find a way to efficiently use what he needs from Social Media, without becoming distracted spending too much time, in order to maximize his profits from that medium.

Section 2: Concept

Chapter 2: Why Do Businesses Fail?

¨Entrepreneurs are the only people who will work 80 hours a week to avoid working 40 hours a week¨, Lori Greiner.

social media advertising

lori-greiner

Paul contrasts traditional businesses with modern internet type businesses. He also compares the role of the employee with the business owner. He questions the objectives of a business, what are its aspirations, pointing out that as an ex-employee a new business owner may not be at all suited to what he needs to do.

The conclusion from analysis of 101 business start-ups, 42% failed because there was no market need for the product or service being offered, as expressed by the sentence:

People do not buy what you think they need, they buy what they want!

What the business owner needs to do is simply give people what they want, and also make a profit, in order to stay in business.

The entrepreneur needs to leverage tools such as the internet and social media in order to transform how you run a business, marketing yourself successfully and better than the competition.

Chapter 3: An Unprecedented Opportunity

¨Great opportunities may come once in a lifetime, but small opportunities surround us every day¨. Rick Warren.

social media advertising

rick-warren

Re-think: Products are not at the core of business strategy anymore, but people´s problems are. A business´s success is determined by how well it solves a person´s problems. Social Media eases the accessibility of people in order to identify their problems, and also to avail them of possible solutions to their problems.

Section 3: Strategy

Chapter 4: It´s Very different to What You Might Think

¨The secret of business is to know something that nobody else knows¨ Aristotle Onassis.

social media advertising

aristotle-onassis

there are 7 stages of a traditional business which are:

1. The right niche.

2. Evaluate your ideal customers.

3. Target the right traffic.

4. Help them for free.

5. Immediate upsell offer.

6. Nurture your list.

7. Know your numbers.

The current day re-think is to focus on people´s urgent problems and solve them, then you will be rewarded.

Chapter 5: You Must Learn For The Right To Earn

Ïf you think education is expensive, try ignorance¨. Derek Bok.

social media advertising

derek-bok

Paul contrasts the traditional view to go to school, do well in exams and find a job which will set you up for life.

The Re-think is that you must learn for the right to earn. Financial freedom is possible with education, coaching, incremental improvement and consistent action in order to reach the maximum potential.

Section 4: Tactics

Chapter 6: Right Niche

Ÿou can have everything you want in life, if you will just help other people get what they want¨. Zig Ziglar.

social media advertising

zig-ziglar

Contrast the traditional thinking that: You need a great idea about what people need to have a great business: If you pursue your passion the money will inevitably flow.

Re-think: People buy what they want, not what they need. The focus of your business is not you, it is the people who are potentially going to buy your product. If they don’t want it, you don’t have a business.

Chapter 7: Evaluate Who Your Ideal People Are

¨Problems can become opportunities when the right people come together¨, Robert Redford.

social media advertising

robert-redford

Traditional thinking is that one size marketing fits all, you need to get the message out there.

Re-think: The message should perfectly match the right people for our niche.

Chapter 8: Target The Right Free Traffic

¨Stop waiting for the right person to come into your life. Be the right person to come to someone´s life.¨Leo Babauta.

social media advertising

leo-babauta

Traditional thinking is that your business should post consistently on social media and offer discounts and sales to get people to buy.

Re-think: Social media should be focused on the user, encouraging engagement and serving their desires.

Part 2: How Do Emotions Lead to Action?

Ïf you want to charge people financially, you need to first charge them emotionally!¨ Paul O´Mahoney.

Traditional thinking: Your goal is to do whatever it takes to get your prospects to take the appropriate action.

Re-think: In order to have your prospects take action, there are a number of emotional factors at play; when you get them right, it will make an enormous difference to your marketing results. Focus on moving people from interaction to conversion then monetization. You need to charge them in order to change them.

Part 3: The Social Youdia Journey.

¨The journey of a thousand miles begins with a single step¨, Lao Tzu.

social media advertising

lao-tzi

Traditional thinking is to focus on the bottom line, not the relationship.

Re-think: Social Media is not for selling products or services in most instances. It is about creating awareness and building trust over time, ultimately resulting in the person agreeing to move your relationship out of the exclusivity of the Social Media and into another means of personal communication such as email.

Part 4: Your Traffic Options

¨Be patient, everything is coming together¨, Anon.

Traditional thinking: You need to write all your own blogs, and post fresh content every day. You need to be an expert in something in order to blog. From your blogs you will get traffic after ranking in Google.

Re-think: No one cares what you have to say because they would rather listen to and read about people whose brand they trust.

Paul goes on to describe the various media which are available for a business person to deploy and engage with prospects on.

Chapter 9: Help For Free

Öur prime purpose in this life is to help others. And if you can’t help them, at least don’t hurt them.¨Dalai Lama.

social media advertising

dalai-lama

Summary: The premise is that you try to set up a new relationship with a stranger by offering them some help for free, in return for their contact details.

Re-think: Your main goal with Social Media is to build a database. Giveaways do not necessary have a lot of value, depending on how they are marketed. Perceived value may be increased by limiting supply or imposing a close down date.

Chapter 10: Immediate Upsell

Ültimately, the business that can spend the most to acquire a customer wins¨, Dan Kennedy.

social media advertising

dan-kennedy

Summary: Clarify the value ladder, the next stage is to work out how this material can be delivered efficiently and automatically to our leads.

Traditional thinking: Target people who write books with Google Ads or traditional media and send them directly to our website, which offers a 3-day program for $2997.

Re-think: Lets find out who may be interested by collecting their contact details and then immediately work out if they are a buyer. Then lets build up trust with smaller tiers of lower priced products that continue to increase as we gain an additional ten of commitment each time. Then build up the value proposition as high as possible.

Part 3: Back End Sales

Summary: Once your front end funnel is in place, then the fun begins from a money perspective.

The back end funnel refers to the highest price offering from $500 up to $000´s.

Traditional thinking: Once i have sold my core offering to a customer/client I need to focus on getting more people in the door as leads to keep my business profitable.

Re-think: Unless you have a back end sales funnel in place, you are leaving the vast majority of your profit potential on the table. Set up a value ladder which enables you to add many high value items. Sales funnel software enables the whole process to be simplified.

Part 4: Where Do I Find Products or Services to Sell?

Summary: The immediate upsell is an essential part of a highly profitable online business.

Traditional Thinking: It makes sense to create your own products or provide your own services.

Re-think: There is no need to create your own product or service in order to be successful in business.

Chapter 11: Nurture Your List

Ïf you are not taking care of your customer, your competitor will.¨Bob Hooey.

social media advertising

bob-hooey

Summary: After going to the effort of finding a targeted lead and setting up sales funnels, nourishing a relationship with this lead, moving them from a lead to a prospect, to a customer, then repeat customer a client and even an addict is essential for maximizing profitability and client happiness.

Traditional thinking: Lets get our prospect to the finish line as quickly as possible whatever it takes and once they get there its time to find another.

Re-think: Winning in business is a long term play that involves putting people, and specifically relationships with people, first. How well your business deals with your leads passions desires and wants determines how successful your business will be.

Chapter 12: Know Your Numbers

Ïf you can’t read the scoreboard, you don’t know the score. If you don’t know the score, you can’t tell the winners from the losers.¨Warren Buffet.

social media advertising

warren-buffet

Summary: Knowing what to measure and making a point of sitting down once a week to review it yourself or with a team will allow you to introduce a feedback loop into the Re-think model resulting in a self-correcting and course adjusting model that the external environment may require.

Traditional thinking: The numbers speak for themselves.

Re-think: Measuring the right numbers and regular reviews will allow you to continue to reduce expenses and increase profitability of your business. Regular reviews are the key to success.

Section 5: Systems and Flowcharts

Chapter 13: Pulling It All Together

Step 1: The Right niche

Step 2: Evaluate Who Your People Are

Step 3: Target the Right Traffic

Step 4: Help For Free

Step 5: Immediate Upsell

Step 6: Nurture Your List

Step 7: Know Your Numbers

¨Doing The Right Thing is More Important Than Doing The Thing Right¨. Peter Drucker.

Chapter 14: Metrics

¨What gets measured gets Improved¨. Peter Drucker.

social media advertising

peter-drucker

Summary: Knowing your numbers gives you an awareness of whether you are in a business that has a chance of success!

Traditional Thinking: If you keep your head down and work hard, inevitably it will come good in the end!

Re-think: If you don’t lift your head up and take an overall objective view of your business using metrics designed to focus on key aspects of your business you are most likely doomed to fail.

Section 6: Conclusion

Chapter 15: Key Watch Outs:

¨The biggest risk is not taking any risk… In a world which is changing really quickly, the only strategy that is guaranteed to fail is not taking risks¨. Mark Zuckerberg.

social media advertising

mark-zuckerberg

Summary: With any business it would be foolish to focus exclusively on your day to day tasks without keeping an eye on the external environment.

Traditional Thinking: In the event of some failures, or warning signals in the online marketing space, it may be time to completely reconsider what you are doing there and possibly abandon it, especially as email marketing is dead.

Re-think: It is important to keep an eye on what potential issues are around the corner for your business. You need to focus on upcoming challenges, threats, weaknesses and opportunities. Get advice from people in the know rather than listening to hearsay and rumours.

Chapter 16: Final Wrap

Ïf someone offers you an amazing opportunity and you´re not sure you can do it, say yes- then learn how to do it later¨. Richard Branson.

social media advertising

richard-branson

Summary: The 7 step process as listed above and how it can be adapted in the world of Social Media.

Paul offers training courses in the Social Media methods which he uses and the cost is 2000GBP for a 4 day course which includes his personal support and mentoring.

OMS Conclusion And Recommendation

We have not tried out Paul O´Mahony´s training courses as yet. He presents good results and is obviously a thoughtful proponent of Social Media for business, even though he confesses to personally not being  a fan of sharing personal information on Social Media.

Paul has obviously put a lot of effort into researching and writing his book Re-thinking Social Media Advertising.

If you have experience of Paul O´Mahoney´s courses or methods and wish to share your review, we would be happy to receive it.

To get another view of approaches to Social Media, as well as setting up a business online, check out our review of the Amazing Wealthy Affiliate here.

 

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Learn Internet Marketing Strategies At Internet Business School

Introduction to Internet Business School

Internet Business School Videos is a company owned and operated by Simon Coulson who is a very successful internet entrepreneur, who also operates the Internet Business School, based in Kent, England, where you can learn internet marketing strategies in order to achieve success for your business.

learn internet marketing strategies

internet-business-school

What Is The Internet Business School?

The Internet Business School offers a wide range of educational courses including Internet MoneyMaking Strategies course organised by Simon Coulson, teaching the methods which have brought him success with his own businesses.

learn internet marketing strategies

internet-money-making-strategies

Who Is Simon Coulson?

Simon Coulson is a very successful internet entrepreneur who was originally a BT Engineer who was made redundant from his job after 14 years.

learn internet marketing strategies

simon-coulson

Simon invested some of his redundancy pay-off in himself and did an internet course in the USA from which he was able to learn internet marketing strategies and Search Engine Optimization, also building wesbites and Search Engine Optimisation.

He had the idea to write property guides about investment in Bulgaria, where a friend of his had invested in property, and invited him to do the same. Although Simon bought a property in Bulgaria, he has never ever set foot in it. Despite this, he wrote an ebook called Guide To Buying Property In Bulgaria, which was extremely successful. He then followed up with other similar guides to buying property in Croatia, Slovakia, Slovenia and other Balkan countries.

Simon discovered as his business grew that he could outsource some necessary tasks for his businesses, paying experts to prepare the content for his e books.

After running out of ideas for property guides, he realised that the same principles which had given him success in that niche market could equally be used in any other niche market.

Simon then started to develop Membership Sites from which he could earn recurring income rather than one off sales revenue. In order to start out, because he had limited reviews of his own (5) he offered memberships for free provided that subscribers contributed their own review. After receiving more than a hundred subscribers reviews within a week, and more than 500 reviews within a month, he was able to charge a monthly recurring fee for membership of the site, which has more than 11,000 members, and generates revenue of more than 500k pa.

Another business which Simon Coulson set up was selling Air Conditioning units, simply by negotiating a commission with the manufacturer and supplier of the units, and marketing on their behalf.

Simon Coulson has re-invested a lot of the money he has made in improving his own capabilities and systems, and says he has spent 150k on that. He recommends students to invest in themselves, to improve their education and capabilities as well. He however, is disparaging about an MBA course which he invested in which he thinks was 90% wasted because the teaching was by academics, who are not experienced in real business, only in theory.

Simon recounts a conversation he had with Richard Branson about how to find ideas for businesses. Richard Branson stated that he often gets ideas for his businesses (more than 300) from bad experiences as a consumer. For example Virgin Airlines was founded out of his dissatisfaction with established carriers. Similarly Virgin Record Stores was founded to try to offer a better service to consumers.

Simon has become personally extremely wealthy as a result of his various Online businesses, and moved to his dream home on the set of the popular television series ¨The Darling Buds Of May¨, and even offers weekend stays at his property for those who might be interested to do that.

Here is a video of Simon Coulson sharing tips at the National Achievers Conference:

What is Simon Coulson´s Philosophy, What is His System to Learn Internet Marketing Strategies?

Simon teaches a 3 step system to learn internet marketing strategies whereby the components are:

1. Website

2. Traffic

3. Conversion

Not only do you need those components, but you need to be offering a product or a service which is in demand by people. This is your Niche or audience of potential buyers for your product or service.

Testimonials – Does The Teaching Work?

Simon recounts many of his students who have become successful using his methods and teaching in a variety of different niches, for example:

Rick, who has made a successful business writing e books of How To Become different types of career, such as Police, Army, Navy, Air Force, Fireman, Nurse.

Another called Ben, wrote an ebook on How to Become a DJ.

Another student called Mark made around 200k from driving traffic to Resale Rights Products sites.

Another student called Karen has made a success of Affiliate Marketing.

Yet another student Thierry has made more than 50k from sales of snail caviar, showing that Simon´s methods and teaching work for sale of physical products as well as e books and software.

Mentoring

Simon Coulson advises prospective students to appoint their own Mentor. Before doing so, students should question their prospective Mentor´s abilities and expereince using the following questions:

1. Are they making money?

2. Are they teaching current methods?

3. Can they make things happen?

4. Have they proved that they can do things, make things happen?

5. Can they teach?

6. Are they really offering a real system or offering just a Magic Button?

How Much Do The Courses and Educational Material Cost?

There are a range of courses and educational material available, and suggest you check the website for costs of these. From our assessment these are around the norm in the marketplace.

OMS Conclusion And Recommendation

We have seen presentations from Simon Coulson on two occasions live, during 2017 and 2018, and he presents himself modestly, although he has made a major success with internet marketing of educational products such as ebooks, ecourses and membership sites.

We have not tried out Simon Coulson´s courses yet, but from an arms length appraisal his teaching does work, and he has many testimonials from his students who verify this to be the case.

Certainly Simon has made a great success and earned revenue of more than 20m US$ from using his own methods and system.

If you want to try out any of Simon Coulson´s courses from the Internet Business school go here.

If you sign up for any of Simon Coulson´s products from this link then we will receive a commission.

We have not yet tried and evaluated Simon Coulson´s ecourses, but have heard him speak and he certainly demonstrates good results.

We would invite you to write your own review and advise us of your own assessment of Simon Coulson and the Internet Business School.

If you would like to look at another community and teaching which will help you achieve the same outcome as Simon Coulson, check out our review of the Amazing Wealthy Affiliate here.

 

 

 

 

 

 

 

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OMS Review Of Steven And Darren Essa´s Money On Demand System

Introduction to Steven and Darren Essa´s Money On Demand System

Darren and Steven Essa are the owners of the Money On Demand X10 Effect System, which involves producing and publishing online webinars in order to generate revenue, which the two brothers claim to be far more profitable than any other means of making money on the net.

Who Are Steven And Darren Essa?

Steven Essa is a highly successful Webinar Training Expert and International Speaker who presents himself as the premier proponent and practitioner of presentation of webinars on the internet.

Hailing from Australia, and has had great success with his system called Money On Demand, the X10 Effect. Hailing a No 1 Amazon best-selling author as well from his book Money On Demand.

money on demand system

about-steven-essa

Darren Essa is Steven´s brother who owns 50% of the Money On Demand X10 Effect business, as well as several other businesses which they jointly own.

Darren is a proponent of partnerships in business as a means of achieving multiple streams of passive income online, and describes their methodology of leveraging the knowledge from their webinar system which they have optimised, and applying it to multiple other businesses, some of which they have commoditised and include in their package training.

What is Money On Demand System, X10 Effect?

Money On Demand is the Webinar training system offered by Steven and Darren Essa, and the software needed to implement the training.

money on demand system

steven-essa-money-on-demand-x10-effect

What Does The Money On Demand Training Comprise?

The Money On Demand training comprises the following:

  • 8 Training Modules on CD, in order to help to create and launch high converting products and automate the online selling process.
  • Ready Made Webinars, which can be accessed and used to start earning revenue immediately.
  • Phone Support from the Money On Demand support team during UK office Hours.
  • Email Support from the Money On demand support team.
  • Private Facebook Group Access, where you can meet and interact with other Money On Demand students.

Additional facilities and functionality available at extra cost are as follows:

  • Webinator Software.
  • Facebook Ads Blueprint and Social Media 360 Home Study Course.
  • 2 Day Money On Demand Workshop.

Here is an explanatory video about How Steven Essa Created a Webinar Formula which led to marketing of the Money On Demand System (X10 Effect).

Is Money On Demand, The X 10 Effect Any Good?

What Benefits Will Money On Demand Bring To My Business?

Steven and Darren Essa claims that subscribers to his business system can dramatically improve their performance in 3 ways:

1) Conduct Professional Webinars

Subscribers, once they have carried out the necessary training will be able to make their own webinars and place them on the internet using Youtube or using zoom or skype or GoToWebinar conferences.

2) Automate the Webinar Sales Process

Steven´s Webinator software allows a subscriber to easily and quickly and efficiently prepare their own webinars for presentation on the internet.

3) Leverage Webinars For Maximum Profit

Using Steven´s guidance and mentoring from his extensive experience of preparing and presenting webinars, you can see the most profitable ways to mobilize your new skills.

money on demand system

steven-essa-money-on-demand

 

How Much Does Money On Demand, the x10 Effect cost?

The cost of Money On Demand, the X10 Effect is 1500GBP, or a deposit of 497 GBP, followed by 2 x monthly payments of 597GBP. The cost of the offer depends on the venue and offer on the day, some of the above functionality and services may be monetized. Steven Essa offered  a particularly good deal including many bonuses for free at the Digital Nomads conference organized by Andrew Reynolds on 29 June to 1 July 2018.

OMS Conclusion And Recommendation

We believe that the principle of Videos On Demand is exactly what is needed for internet success owing to the runaway success of video on Social Media channels such as YouTube.

Steven Essa has mastered the art of webinar preparation down to a fine art, and has also developed his own software in order to make webinars, called Webinator software. His system seems to be one of the best available on the internet.

We have not yet tried out Steven Essa´s training but once we have done so we will complete our review of the Money On Demand System.

The alternative of course, if you dont have money to invest in the X10 Effect System is to think through and formulate your own formula for success, using your own expertise, and who knows, it may be a winner!

If, however you do not have the two thousand pounds to invest in buying the Money On Demand system, and you do not have the expertise currently, why not check out this FREE training from Wealthy Affiliate. You can get access to see how to make your own webinars for minimal cost, go here to see our review of the Amazing Wealthy Affiliate. If you do not like the training you can unsubscribe at any time. You do not need a credit card in order to try Wealthy Affiliate for FREE.

 

 

 

OMS Review of Outsourcing And Virtual Assistant Companies and Services

Introduction to Outsourcing And Virtual Assistant Companies And Services

Outsourcing of some of the repetitive, time consuming and highly skilled tasks required for a successful online business can be a massive aid to the website owner and entrepreneur with limited time and tight deadlines to meet, provided that you specify everything which you need correctly and concisely, and are tight regarding allocated budgets, so as to avoid wasting time and money.

What Do You Need From Outsourcing?

An entrepreneur or website owner can decide to outsource almost anything from his task list, but you need to decide what exactly you want to get done by someone else and why that is.

Repetitive Tasks Which Are Time Consuming

There are a miriad of repetitive and time consuming tasks which the online entrepreneur needs to get done. Ideally you carry them out yourself in order to save money expended, but your time may have a higher value carrying out more productive tasks, from which you can get a better Return On Investment.

Virtual Assistant Companies

One of the biggest investments a company can make in Outsourcing is to hire a Virtual Assistant.

There are many potential Virtual Assistant companies who offer such services. One such company is 123employee.com, but there are many others in the marketplace also.

123Employee.com

We do have some imited experience of working with 123Employee.com but it was not a fruitful relationship and did not progress beyond the start up phase. From our side the relationship was not satisfactory.

One of the problems with hiring a Virtual Assistant is that you must precisely describe everything which you expect that employee to carry out, and in which priorities. This means that you must instruct them to do training on the particular software packages which you use, and allow them time to carry out the training as well, before they can productively use it.

Our particular initiative revolved around getting some feedback from the outsourcing company, which was not forthcoming, so we decided to cancel the arrangement before any more time and money was lost.

No matter what your VA carries out on your behalf, you are obliged to pay for their time. This may work out ok if you have a relationship with your VA and they are responsive to your needs. On the other hand, do you really know what your VA has been doing all day, when you are several thousand miles away in another continent.

Our conclusion is that you would be better served hiring a real assistant rather than a Virtual Assistant, and you can then personally instruct them and personally communicate with them about what results they have achieved. If necessary you can personally modify instructions to the Real Assistant. This applies even if the hourly cost of a Real Assistant is higher in theory than that of a Virtual Assistant. It is not about hourly cost, it is about real cost and efficiency ie real value, not virtual value.

Even if the cost of hiring an Assistant in your home country is higher than it may be in a low cost country such as India or The Phillipines, we urge you to strongly consider paying the higher cost as better communication and control could give you a higher value return on your investment.

Other Services Which Can Be Outsourced are the highly skilled and specialised ones for which you may need special software and a higher level of expertise than many people possess:

Logo Design and Preparation

There are many many companies on the internet who can offer logo design services, with a wide range of price structures.

One of the sources of Logo design is Fiverr.com

Fiverr.com

We have used Fiverr.com for logo design services, and chose one of a number of competing logo designers. The logo was delivered within the agreed timescale and was of adequate quality. We paid approximately $12 for the logo, plus a tip, which is an unusual feature of Fiverr.com, which we have not come across on other similar websites.

virtual assistant companies

fiverr-range-of-services

Freelancer.com

Freelancer.com is another website where you can commission many different types of service. Note the price of a mobile website is quoted in bottom right hand corner. Projects can be advertized for pricing alternatively specialist resource can be hired by the hour.

virtual assistant companies

freelancer-home-page

 

Guru.Com

Guru.com is another outsourcing site similar to the two above, which says it has 3 million experts at your disposal.

virtual assistant companies

guru-home-page

.

www.Iwriter.com

www.Iwriter.com is another outsourcing site, more geared towards content creation, writing articles. posts and pages, rather than design.

virtual assistant companies

www-iwriter-com

 

 

Upwork.com

Upwork.com is another large scale general outsourcing service site, with many specialists available.

virtual assistant companies

upwork-home-page

 

 

OMS Conclusion and Recommendation

We conclude that you need to categorise the tasks which you want to procure  from Virtual Assistant Companies.

The first category of tasks is those which are repetitive and time consuming and which can be outsourced and delegated to a cheaper resource.

Our recommendation would be to think very carefully before entering into a contract for Virtual Assistant services. A local assistant may be a better and more efficient arrangement.

You may be better served by hiring an assistant locally rather than employing someone remotely who you do not have first hand visibility of, and have difficulty managing and controlling.

The second category of tasks which may be delegated are usually those which are highly specialised and involve skilled work, for which there are many expert specialists whose services you can buy at very reasonable rates. You can get such expert services from companies like:

  • Fiverr.com
  • Upwork.com
  • Freelancer.com
  • Guru.com
  • Iwriter.com

OMS recommends using such companies because you can get real value for money from buying from the right specialist for the job you need done.

If you are short of money to buy in such services, you could consider signing up to Wealthy Affiliate, which offers a massive amount of FREE training, as well as preparing and hosting 2 websites even if you decide not to join as a Premium Member, for more information click here.

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2

OMS Review Of Multiple Streams Of Passive Income -Digital Nomads

Introduction – Multiple Streams of Passive Income – Digital Nomads

Recently we attended an event organised by Andrew Reynolds under the banner Digital Nomads, at Excel in East London, for the many people who are interested in making multiple streams of passive income, and who want the Laptop lifestyle, to be able to work minimally from anywhere in the world, whilst enjoying a luxury lifestyle.

multiple streams of passive income

Laptop Lifestyle – work from anywhere in the world

We have followed Andrew Reynolds for about 18 months now and he is an experienced and expert marketer of high quality and high value educational software and training products. His latest successful product offering is Video On Demand.

He also organizes seminar type events at which he arranges presentations by well known and successful entrepreneurs.

Last year there was a similar event which  was held over a 3 day weekend in June at Excel in East London.

This year the event was labelled Digital Nomads, because it portrayed that is is possible to have a nomadic lifestyle travelling the world and running your businesses from a laptop wherever you are in the world enjoying your wealthy lifestyle, as a result of Multiple Streams Of Passive Income.

Andrew suggested that delegates approach planning for their passive income streams using a Hub and Spoke type approach where each spoke of the wheel was a separate source of income, and during the course of the event several types of passive income stream business were presented. The suggestion being that you choose one or more of these options as your preferred source of passive income, and supplement it with more of these alternative options, so that you are never totally reliant on one source of income which could at some point in time dry up.

What Andrew Reynolds presented was several speakers who were each experts in their own fields and highly successful businessmen, from a variety of different types of moneymaking business, many of whom described how it was possible to make multiple streams of passive income, and recounting their own systems and experience of success.

Steven And Darren Essa The X10 Effect, Money On Demand

multiple streams of passive income

steven-essa-money-on-demand-x10-effect

Steven and Darren Essa are specialists in producing and presenting webinars which can be put on Youtube or used for skype or Zoom type webinars. Their view is that Video and Audio are more successful and effective means of communication than written words. Steven is also a highly successful public speaker in his own field of expertise. Darren prefers to stay in the background, although he owns 50% of the business.

They have produced proprietory software for webinar automation, called Webinator Software.

He is an author of a best selling book called Money On Demand.

Steven Essa offers training of his webinar presentation methods and software, which includes a set of 8 Money On Demand training modules, a Facebook Ads Blueprint and Social Media 360 Home Study Course, plus Ready Made Webinars, Plus Phone and Email Support to subscribers as well as a Private Facebook Group, and a 2 day Money On demand Workshop. All notionally valued around 40,000GBP for a one of event price of 1500GBP, or split over 3 months 497GBP deposit then 2 x monthly payments of 597GBP.

Click here to read our full review of Steven and Darren Essa´s Video On Demand, X10 Effect.

Darren Winters – The Wealth Trading Company

Darren Winters has spent a lot of his own time and money being mentored by the best share trading experts in the world. He has made many millions from his expertise, and offers training courses to share his knowledge.

multiple streams of passive income

Darren Winters

He has intimate knowledge of the stock markets and trends during economic cycles, and the relevent stages for share trading, and the best type of stocks to invest in at each stage of the cycle, which are:

  • Early Capital Goods phase
  • Middle Expansion phase
  • Late Expansion phase
  • Early Contraction phase
  • Late Contraction phase

Darren also advises on Trading Psychology, and Trading Emotions.

He proposes leveraging the power of Compound Returns consistently.

The cost of Darren´s Wealth Training course is 2000GBP, and for those committing at the event he gave a lot of valuable bonuses.

Click here to read our full review of Darren Winter´s Wealth Trading Program

Sean Allison – Cash Flow Options Trading Program

Sean Allison is a specialist Options Trader and keen golfer.

multiple streams of passive income

sean-allison-options-trader

He offers Professional Options Trading Education Program consisting of 9 modules:

Module 1 – The Fundation of Income Trading Success

Module 2 – Key Concepts to Generate Income

Module 3 – Sean´s Basic Cheat Sheet

Module 4 – The Key Set Up For Charting Success

Module 5 – Understanding Put Options

Module 6 – Understanding Call Options

Module 7 – The Call Spread Strategy

Module 8 – The Put Spread Strategy

Module 9 – Mastering Trading Psychology

In addition to the above educational modules valued at 9000GBP, Sean offers 6 x 1 hour skype sessions valued at 1500GBP and 12 months unlimited email access valued at 2000GBP.

Sean offered the following bonuses as well to attendees at the Digital Nomads Event:

How To Open Your Trading Account valued at 500GBP.

The Crash Strategy valued at 3000GBP.

Options Trading Program 2 Day Workshop Training valued at 6000GBP.

Elite Squeeze Strategy valued at 2000GBP.

Plus Lifetime Access to Sean´s Ultimate Trading Diary valued at 1300GBP.

The total value of the offer package was 25, 250GBP.

The Special One Off Digital Nomads Event cost of Sean allison´s Options Trading Program is 1500 GBP or 1590 GBP split over 2 monthly payments of 795 GBP each month.

Click here to read our full review of Sean Allison´s Cash Flow Options Trading Program.

Simon Coulson´s Internet Business Videos And Internet Business School

Simon Coulson has made a great success of internet marketing using ebooks on a themed basis, such as property guides to Bulgaria, and other central European countries and made many millions of pounds from his methods.

multiple streams of passive income

simon-coulson

Simon now teaches his methods and charges 1500GBP for a training and mentoring course of 3days.

Simon describes his simple 3 step system, as follows:

1) Something to sell – A Product or a Service

2) Website – should be good quality, better than competitors, sales funnels, upsells, offers.

3) Traffic – The Most Important Thing.

Click here to read our full review of  Simon Coulson´s Internet Business Videos And Internet Business School.

 

Pat Mesiti – Pathway to Prosperity – 12 Steps to Financial Freedom

Pat Mesiti is a Mentor and Lifestyle coach with a powerful and personable character. he offers mentoring and training courses with him personally. Pat is acquainted with many famous and successful personalities including Arnold Schwarzeneger.

multiple streams of passive income

pat-mesiti-business-mindset-training

Pat´s Pathway to Prosperity is a 3 day event valued at 1500GBP, or 3 x payments of 597GBP per month.

Within the currculum Pat promises to cover:

  • The 12 Irrefutable Laws of money
  • The 8 Vital Associations for Wealth
  • How to Set Your Money Goals
  • The 12 Steps to Financial Recovery and Acceleration
  • How to Develop a Financial Pathway to Freedom
  • How to Change Your Money Story and Financial Directions

Also you will receive:

The Wealth Mastery Program, which is an extensive collection of mindset training, with inspirational life training presented by Pat Mesiti and guests. This is a Home study program.

Click here to read our full review of  Pat Mesiti – Pathway to Prosperity – 12 Steps to Financial Freedom

 

Paul O´Mahoney – ReThink Social Media

Paul O´Mahoney is a specialist in Social Media, who has become very succesful through his use of webinars and social media endorsement producing viral traffic growth.

multiple streams of passive income

Paul O´Mahoney Facebook

He is an author of a book called ¨ReThink Social Media – Stop Wasting Time. Start Earning Money¨.

Paul offers training courses in the Social Media methods which he uses and the cost is 2000GBP for a x week course which includes his personal support and mentoring.

Paul has a 4 step strategy:

1) Find a Niche

2) Social Media – find audience, Marketing

3) Free Gift + Opt In Page to build an email list – your database of contacts, customers.

4) Email marketing

In addition for success you will need targetted traffic, a database (email list) AutoResponder, Ongoing Support

Paul offers a total package value of 32,950GBP for an event Special Offer price of 2000GBP, or 3 payments of 795GBP.

Click here to read our full review of Paul O´Mahoney – ReThink Social Media.

 

Tom Hua – PRIMO3

Tom Hua is a top flight internet marketer and has had great success with his own Affiliate Marketing business, being a previous winner of ClickBank Resellers Viral Marketing Award.

PRIMO stands for Passive, Residual, Income, Machine Online.

PRIMO3 - Tom Hua

PRIMO3 – Ecourse Capital Ebooks And Ecourses

The PRIMO system offers Affiliates the ability to use all of Tom Hua´s existing ebook and ecourse products, either sell them as they are or to adapt them to your own purpose and sell them as your own. Go here to see OMS Review of PRIMO3.

Tom´s system comprises the following basic elements:

1) Product or Service

2) Website

3) Traffic (visitors = customers)

Products can be:

1.1 Afiliate Programs eg Clickbank, offer instant start, but no control. Preferable to spend money on high ticket items for higher commission.

1.2 Resell Licences

Instant start – better control, possibly expensive, ie ecourses

1.3 Own Products

You have full control with your own products but full responsibility for fulfilment of orders and after sales, returns etc.

Information products are easy to sell and distribute, just need to find customers.

2. Website

Webhosting vs Cloud Computing, Amazon Web services

2.2 Cross Platform Content delivery

PC/Tablet/Laptop/Mobile Phone

2.3 Accept Payment Online

Paypal or Stripe, Alipay is popular in China, or Wechatpay.com, ClickBank.com

3. Traffic

Traffic is the lifeblood of the business. The 3 most effective ways of getting traffic are:

Search Engines vs Social Network, ie Google, FaceBook, Twitter, WhatsApp, WeChat, SnapChat.

Joint Venture is the fastest way to achieve traffic to your website

Viral Traffic is the best if possible to achieve

Tom Hua´s offer for PRIMO3 at the Digital Nomads event is one payment of $3777 or staged payments over up to 2 years 24 payments of $250.

Click Here for our full review of Tom Hua´s PRIMO3 System.

Brian Koz – Webfire Software

multiple streams of passive income

With his partner Shawn Casey, Brian Koz is the co-author of Webfire software, which is a highly sophisticated online marketing sotware system with multi functional capabilities. including:

  • Keyword Analysis and Research
  • Backlinks
  • Leads Generation
  • Search Engine Optimization
  • Online Marketing

Click here to see OMS review of Webfire software.

The cost of the software is $1997pa, which was discounted for the Digital Nomads event.

 

Kevin Green – Property Developer/Social Entrepreneur

Kevin Green is one of the wealthiest people in the United Kingdom. He specialises in purchasing properties where the owners have defaulted on their mortgages or loans. He offers a deal to take on the liabilities, acquire the property, develop it and sell it on. He does so in cycles of three properties, so that he keeps appreciating assets as well as trades and sells on properties for cash flow for his business.

His business model is to buy properties at 50% Below Market Value, selling at 20% Below Market Value.

He also uses a unique model of financing the purchases of properties, which is a sort of crowd funding approach.

Systemization is the key to Kevin Green´s approach and success.

Kevin Green claims that the returns from such property investment is very large, and has enabled him to buy gold and silver bullion and to trade in jewels from Indonesia and Malaysia.

He claims to sublet and delegate most of the work to his team of specialists who deal with the technical processes involved in acquisition of the properties, settlement of debts, and development activities.

Kevin Green offers training courses which teach the methods which he uses and are always popular, costing 3000GBP per person for a 3 day course.

 

Andrew Reynolds – Digital Company Set Up Offer

Andrew Reynolds made an unusual and extremely generous offer upon the announcement of his retirement after working for 21 years building his businesses.

multiple streams of passive income

To all attendees of the Digital Nomads workshop, as a one offer retirement offer, Andrew Reynolds offered to set up a company for each attendee of the workshop, Additionally he offered to give to each attendee the Private Label Rights to all of his electronic products, and show each attendee the software which he uses to run and operate his company.

This is an incredible offer, and Andrew Reynolds fulfilled this at the event from 29th June to 1st July 2018.

Additionally Andrew Reynolds offered a free traffic workshop which was held on 15th July which demonstrated successful traffic generation methods as practiced by an expert in that field.

Andrew Reynolds gave every person who attended his Digital Nomads conference the opportunity to start off their own multiple stream of passive income.

make-money-online

OMS Conclusion And Recommendation

We have not yet tried all of the above products, but have provided you with links to those which we have reviewed.

If you have tried or used any of the above products, and wish to share your review, we would be pleased to receive it.

On the whole we think that the products presented by Andrew Reynolds are high quality and in general presented excellent value for money, as many of them were heavily discounted for the Digital Nomads event only.

If you want to check out FREE online marketing training in order to build yourself a business online, then check out our review of the Amazing Wealthy Affiliate here.

 

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Affiliate Marketing Secrets- What are they? How And Why Do They Work?

Introduction – What Is Affiliate Marketing?

Affiliate Marketing Definition | Investopedia

Affiliate marketing is an advertising model where a firm pays third-party publishers to promote leads to the company’s products.

¨Affiliate Marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.[1]

Reference: Definition.net. “Affiliate marketing”. Retrieved February 21, 2018¨.

affiliate marketing secrets

Affiliate Marketing Secrets

In everyday terms, Affiliate Marketing is the marketing of other people´s products or services, and receiving a commission from the owner for that sale. It is a popular way of earning money online because the  Marketer does not have to invest in purchasing stock or dealing with fulfilment of orders to customers, or after sales service and returns. These activities are dealt with by the selling company themselves.

The Marketer does however have to introduce customers, otherwise he will receive nothing for his efforts, so  Marketers deal with this in a number of ways and we will expose these Affiliate Marketing Secrets below.

Affiliate Marketing Secrets Exposed

Affiliate Marketing is one of the easiest ways of making money online, or passive income online. It is easy to get started and does not involve a large investment in stock, or premises, or staff. It is therefore arguably the most popular way of easily starting an online business to make multiple streams of passive income.

From the seller´s point of view, the selling Company, it increases their reach, because they can use their affiliates to help extend their audience of potential customers beyond what they would normally be able to achieve. It has no cost to implement because the  Marketer takes risk whether their marketing campaign will work or not, until a sale happens, and then the cost is the commission paid to the Marketer.

affiliate marketing secrets

Affiliate Marketing Secrets #1 – Free Traffic

Affiliate Marketers can try to promote Free traffic which can be obtained organically from any website, but the problem is that it is slow and unpredictable, so sales resulting from Free Traffic will probably be low compared with sales resulting from Paid Traffic methods.

Free Traffic can be enhanced by the use of Social Media likes, comments and shares on Google, Facebook, Twitter, Instagram, Pinterest, Youtube etc

Affiliate Marketing Secrets #2 – Pay Per Click Traffic

Pay Per Click (PPC) – the Marketer buys PPC traffic from a list provider at a set cost. The risk is that no sales result, so the Marketer could lose money rather than make money. Facebook ads are popular as well as Google and Bing and Yahoo.

Affiliate Marketing Secrets #3 – Pay Per Transaction Traffic

Pay Per Transaction (PPT) – the Marketer buys PPT traffic from a list provider at a set cost. There is no risk to the Marketer because he only pays upon conclusion of a transaction. Necessarily the cost of PPT traffic is higher than PPC traffic.

Affiliate Marketing Secrets #4 – List of Affiliate Sites

Where can I find Products to promote? Here is a list of possible  Sites, who each offer different things, but from these you should be able to find some suitable Products to sell as an Affiliate:

  • AdCombo
  • Affinbank
  • Amazon Associates
  • Avantlink
  • AWIN
  • CJ Affiliate
  • Click2Sell
  • Commission Soup
  • eBay
  • FlexOffers
  • JV Zoo
  • MaxBounty
  • OfferVault
  • Rakuten Marketing
  • Reward Style
  • TradeDoubler
  • ShareASale
  • ShopStyle Collective
  • VigLink

What Sort of Products and Services Do Affiliate Marketers Offer?

Affiliate Marketers can offer almost any type of service or product on behalf of the selling Company.

Products can be literally anything, commodities from the lowest to the highest price value, as can be seen on any online market place such as Amazon, Ebay, Etsy etc.

The Affiliate Marketer may offer products which he purchases from a separate fulfilment company, which is known as Dropshipping. Typically the fulfilment company could be based in China using such companies as AliBaba, or AliExpress.  Alternatively, fulfilment could be from any other country including the USA (eg LaunchCart, fulfilment by PrintTech)

Typically Marketers may use any of the big market places for their websites, such as:

Amazon, eBay, Etsy, Shopify.

Ebooks, Ecourses, Educational Products (Software)

Alternatively, Marketers may offer e-products such as e-books or e-courses, and they may source their products from such market places as Commission Junction, ClickBank, JVZoo, MaxBounty  etc.

Marketers can also represent membership sites such As Wealthy Affiliate. Affiliates with WA receive a commission for every new member who they introduce. If you want to see out review of Wealthy Affiliate, go here.

There are other sorts of Memberships which require purchases in order to achieve the next level of membership, more akin to Multi Level Marketing (MLM), which we would not recommend that you pursue. An example of such a system would be MyDotComBusiness, which we have reviewed but do not recommend. If you want to see our review of MyDotComBusiness (#MDCB), go here.

affiliate marketing secrets

Introduction to Some Passive Streams Of Income Ideas

Introduction to Passive Streams Of Income Ideas

There are many ways in which to create multiple streams of income from your businesses. The following are some passive streams of income ideas:

  • Internet Business
  • Traditional Business (Bricks and Mortar physical premises)
  • Investment Business

Internet Businesses can do all their business online or they could be hybrids with traditional businesses. Many of the traditional retailers are offering more online services since the purchasing trend of consumers is more towards ordering online for home delivery.

passive streams of income ideas

Online Business

The best example of the success of the pure online retailer (with no physical store) is, of course, Amazon, which is growing and plans to enter into market areas which are more associated with the High Street, such as property sales.

Companies such as John Lewis or any of the major retailers have to offer online as an option to their customers, as well as keeping their high street stores open (at great cost). BHS was a casualty of which there have been many on the High Street

Traditional Businesses can also be quite varied and many traditional businesses have online departments as well, so as to offer their customers choices about how and when they can purchase the products which they want. Examples would be Currys PC World, who have physical premises as well as good online ordering and delivery systems for the products which they sell. They also offer installation of some products as well, so are more like a supply and install contractor in some circumstances.

Traditional businesses which have not adapted to the new way of doing business online have suffered and in some cases gone out of business, for example, House of Fraser.

So in terms of passive income, the only role in which you could expect to receive a good return would be as an investor, but the risks for such traditional businesses are high with increased competition in the marketplace.

passive streams of income ideas

Return On Investment

So how to reduce the risk?

Franchises are a business model with less risk than a completely new startup because the model has already been created and proven to be successful. A drawback is that to purchase the proven model and reduce your risk will cost you money paid to the franchisee. MacDonald’s franchises are expensive and you will not see a return on your investment for several years, depending on the location of the business and the level of trading. Some franchises can be run from home and do not necessarily need premises, but you need to carefully check out what you are actually buying with the franchise system which you have chosen.

Remember that for any business to work, you need customers, so no matter how much you spend on the franchise, how will you get sales? From where do you get customers? How to convert prospects into sales? How much effort will that take, ie how much of your time will you need to spend on this? Is this really passive income? Is it what I want to do?

Within the Investment Business category we would include:

  • Stocks and Shares and Options Trading (including commodities)
  • Cryptocurrency Trading
  • Property Investment

Each one of the above categories needs a much more detailed explanation so as to see which one or more may suit your particular circumstances and financial capability.

Internet Business

Here are a few passive streams of income ideas which relate to Internet Business

passive streams of income ideas

passive-income-online

Sale of Digital Products For Which You Own the Private Reselling Rights

Some of them relate to the selling of digital or educational products, either your own or selling e-products produced by others, under Private Reselling Rights.

An example of a system selling digital products is PRIMO3. If you want to see the OMS review of PRIMO3 then go here.

The main other ways of generating passive income online are listed below:

Affiliate Marketing

Affiliate Marketing can produce good passive income streams from different websites selling other people´s products or services. Affiliate marketers usually specialize in a particular niche or niches.

Goods can be sold on Amazon, Etsy, eBay, or Shopify, which are the most popular online stores.

Products can be sourced from such marketplaces as ClickBankCommission Junction, JV Zoo.

passive streams of income ideas

Often Affiliate Marketers use their own website and blogs to write reviews of products with links to those products and similar ones, from which they can earn a commission on each sale.

OMS has done a review of several affiliate marketing systems including Wealthy Affiliate, which is one system which we highly recommend. However, WA is not a get rich quick system, and in order to arrive at a position where you will receive passive income from the websites which you develop, you will have to invest a large amount of time.

If you want to see our review of Wealthy Affiliate, go here.

Small value sales will give relatively small value commissions, but high ticket sales can also produce high-level commissions. Once buyers trust a seller then they can be offered Up-sells which generate higher returns and profitability. You need to decide on your marketing strategy of what products or services to sell, and how to market such products.

E-commerce

passive streams of income ideas

e-commerce

Sale of Own Products Online

Some retailers have their own range of products which they produce or source and then sell to customers online. Sometimes these are traditional retailers who also have high street stores, but also offer online shopping to remain competitive with full online retailers. Examples of online sellers with retail high street presence would be John Lewis, Next, Selfridges or Harrods.

Drop shipping

Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers the customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer. As in retail business, the majority of retailers make their profit on the difference between the wholesale and retail price, but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer.

Drop shipping involves a Vendor selling products online, which orders are fulfilled by another company.

The seller only orders the product once he has received payment from the customer. The seller places the order with the drop shipping fulfilment company at a lower price, in order to make his margin.

The seller has to keep no stock or inventory, nor premises, so there are big overhead savings over a traditional business.

The dropshipping fulfilment company sends the product to the customer by airmail for quick delivery, or train or sea shipment. Sometimes these dropshipping fulfilment companies are based in China, but they could equally be based in any country including the USA. Examples of Chinese drop shipping companies are Alibaba or AliExpress.

OMS has reviewed a couple of drop shipping companies which are based on the Shopify platform.

If you want to look at the OMS review of ZeroUP, go here.

An example of a USA based drop shipping company would be TREX or Slingly, although there are many other systems out there.

If you want to look at the OMS review of TREX, go here.

If you want to look at the OMS review of Slingly, go here.

Multi-Level Marketing

MLM involves selling of products at different levels within a system or programme. An example of such a system would be The 4%, which OMS, has not yet reviewed.

In most circumstances, OMS would NOT recommend that you invest in an MLM business.

However, there are a few exceptions which we will advise on shortly once we have fully explored and tested them.

Share And OptionTrading

Additionally, there are other forms of business which rely on trading, such as the buying and selling of shares and options.

These systems can be used so as to generate relatively good levels of passive income. It is claimed to be able to start with relatively low levels of capital, although we have yet to fully try this out.

An example of a Share Trading System is Share And Options Trading Education from Sean Allison. For the OMS review of How To Open Your Trading account With Professional Options Trading Education Program using Sean Allison´s training system click here.

For the OMS review of The Wealth Trading Company, from Darren Winters click here.

CryptoCurrency Trading

Another means of achieving passive income is from trading in Cryptocurrency. There are a number of groups specializing in the buying and selling of cryptocurrency, such as Keys To Freedom.

We will shortly be publishing our  OMS review of Keys To Freedom.

Property Investment And Development

Property is a massive subject for consideration in relation to Passive Streams Of Income ideas but does usually demand that you have at least a proportion of the capital available to invest in the development which you are interested in. The Rule Of Thumb is that you need approximately 20% of the development cost, whether you are managing a large development or investing in property on a small scale.

We are aware that some people claim it is possible to use entirely other people´s money, but we are quite sceptical about the effectiveness and risks of such a strategy.

Your role in the Development process could be as:

Owner (of the site and the eventual development), which could be Freehold or leasehold for a fixed term of years.

Investor (in all or part of the development).

Some investors purchase only Freeholds of properties and do not

There are numerous franchises available in the property market, one of which is Platinum Property Partnership. Their financial model is based upon Houses of Multiple Occupation (HMO), and involve identifying properties in certain key locations, which have parking available and also which are near public transport. These properties may also be near such places of intense employment such as factories of large office complexes, Universities, Hospitals etc.

The identified house is purchased at a certain price level, which is factored depending on the anticipated rental income from each individual room available for rental.

The house is then refurbished and extended and upgraded to conform with the required Building Control and Fire Regulations.

Once the refurbishment is complete, the individual rooms are furnished to a suitable high standard and offered to young professionals to whom this standard of accommodation is targeted.

Rental agreements are prepared and signed by the landlord (you) and the tenant, on whom you will have taken up references before agreeing to rent them the room.

Another example of a successful property investor is Kevin Green.

Kevin Green´s success model is based on buying ¨Distressed Sales¨, ie those where the vendor is under some pressure. For example, there may be a charge on the property and the owner may be behind with payments, so is being pressurized by the bank to make all payments, or if the owner is unable to do so promptly the bank may threaten repossession.

Kevin Green specializes in doing deals under such circumstances, then refurbishing or improving the properties and selling them on at a profit.

Property is such a large subject area, we will publish separate reviews about these opportunities in due course.

Conclusion And Recommendation

From all of the passive streams of income ideas which are listed above, it is clear that depending on how closely you wish to be involved in each of the businesses, and in what role, there is potentially a lot of work involved in many of them. They can hardly be described as Passive Income.

So you need to choose carefully the business which suits you best, taking account of the amount of capital which you have available to invest, and also the amount of time which you are personally able to invest.

You need to be aware of how much money and time it will take to develop your business. You need to assess at what stage you will be able to make passive income from the business, and exactly what commitment will be required once that stage of development has been reached.

You also need to look at what options there are in the particular business model which you have chosen for an Exit Strategy. What will you do? Hold the business in perpetuity, and pass it to your heirs, as your legacy? Alternatively, do you plan to build the business up to a certain stage of success, and then sell the business as a going concern, so you bank the proceeds of the sale as your return on the investment which you have made to start and build up the business.

 

2

Why You Need Wealthy Affiliate To Make Money Online Writing

Introduction – What Is Wealthy Affiliate?

make money online writing

Make Money Online Writing

Wealthy Affiliate (WA) is a well proven successful training and online marketing platform which was started in 2005 by Kyle and Carson, who are the owners of the business. It is a comprehensive software system and also a membership community, which includes masses of training and support and enables all its subscribers to make money online writing, or blogging as it is commonly known.

You can even sign up to WA and try this platform out for FREE indefinitely!

This includes preparing and hosting two websites of your very own on WA, it really is an incredible offer!

Make Money Online Writing

Wealthy-Affiliate-Starter

Why Is Wealthy Affiliate Any Different To Any Of The Other Make Money Online Systems – Is It A Scam

Wealthy Affiliate has been developed and improved over the years and now has more than 1.3 million users and members worldwide. It is a fantastic and supportive community whose members help each other play it forward with regard to training as well as supporting and developing each members business.

So What Does Wealthy Affiliate Give Me?

You can sign up to Wealthy Affiliate in order to try it out, and you can continue to use Wealthy Affiliate for as long as you like for FREE. With this FREE membership, you have the ability to create 2 websites for your personal use, and use all of the system’s capabilities sufficient to develop those websites to be usable on the internet, and these are hosted and maintained by Wealthy Affiliate on the SiteRubix platform.

Wealthy Affiliate gives you the platform, the hosting, the training, support, mentoring and content creation facilities and systems to successfully make money online writing for FREE.

make money online writing

Make Money Online Writing With Wealthy Affiliate

If you decide that you like Wealthy Affiliate, you can sign up for Premium Membership which costs just $49 per month and gives you enhanced facilities and functionality within Wealthy Affiliate. Alternatively, you can sign up for the annual membership which is further discounted.

 

Wealthy Affiliate Free Membership Functionality

Wealthy Affiliate Free Membership Functionality

Why Do I Need Wealthy Affiliate to Make Money Online Writing?

make money online writing

Make Money Online Writing With WA

Wealthy Affiliate teaches you how to make money online writing using their step by step training system, which is very comprehensive and supported by text lessons as well as videos. You are required to complete practical exercises at every stage of your own websites, to prove that you have understood each lesson.

If you are not clear about any points you can refer back to the training, or you can refer to a massive database of knowledge which has been built up by subscribers over many years

What Is Different About Wealthy Affiliate Compared With Other Systems and Software?

make money online writing

Shiny Object Syndrome

There are plenty of systems and offers of how to get rich quickly using their respective systems, fondly known as ¨Shiny Objects¨, which are available online.

Many of them involve various levels of UPSELLING, meaning that you subscribe at one level of price, but are quickly induced to spend more money on the next level of SHINY OBJECT SYNDROME so that you can ensure your success to the next higher level.

Some examples of other available training systems and software offers are present here on OMS, see our reviews of the following:

Morrison Academy, click here.

Affiliate Marketing Dude, Marcus Campbell, click here.

We do not recommend either of these systems as being superior in any way to Wealthy Affiliate.

There are too many systems out there to mention, but we have come across nothing which is close to the offer from Wealthy Affiliate.

Wealthy Affiliate costs are clearly transparent from the outset, and you can try it out for as long as you want for FREE.

No other system in the marketplace offers this level of FREE usage for trial!  You don´t even need a credit card to sign up!

There is only one level of WA membership other than the FREE membership which provides limited functionality.

So there are NO UPSELLS WITH WA, which is a common feature of much other training and online marketing systems on the marketplace.

Successful WA Members Provide The Training Mentoring and Support for More Junior WA Members

There are many successful Wealthy Affiliate members, whose businesses have grown through the years with WA. These successful members help the more junior and newer members by providing training through videos, mentoring and problem-solving help to all members. There are help and technical support available 24/7 365 days per year.

Who Are These Successful Wealthy Affiliate Members? Why Should I Believe These Success Claims? Is It Just Another Scam?

In the table below are listed the top 13 Wealthy Affiliate Ambassadors, and their Helper, Creator, and Activity rankings, together with their contribution in Ambassador Days

Make Money Online writing

Wealthy Affiliate – Top WA Members & Rankings

OMS Conclusion And Recommendation

We subscribed to Wealthy Affiliate in September 2017, and have been using and trying out the WA system extensively and in-depth since that time.

We have created several websites and either hosted them on Wealthy Affiliate or transferred them into WA. One of the sites is this one where we have written and published more than 50 posts or blogs about online marketing.

The Safety of the Wealthy Affiliate hosted sites is excellent and they are all provided with SSL, so https:// handle.

The training provided within Wealthy Affiliate is excellent and provides for those who wish to make money online writing, using their own Blog Posts, alternatively those who wish to promote membership of WA.

The community support from Wealthy Affiliate is also excellent, 1.4 million members can´t be wrong!

If you would like to try out Wealthy Affiliate for FREE click here.

If you would like to sign up to Wealthy Affiliate Premium Membership click here.

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