Posts filed under 'Internet business'

Open coffee meet other entrepreneurs in your area

 Open coffee is a site that will allow you to meet up with other entrepreneurs in your area http://opencoffee.ning.com/. The problem for me is that the place I live is not a major city therefore it’s difficult to find anyone to meet up with. If you live in one of the big cities around the world it’ll be good for you

Add comment March 30th, 2008

Working full time and running a business part time

Currently I work full time 37+ hours a week in a computing job and also run a business part time making websites. So what are the pros and cons of working in this way?

Pros:

  • You get a regular salary from your job
  • You can re-invest anything you make from your business as you don’t need to ‘live off the profits’
  • You get pensions (if your employer pays into them) etc but really these aren’t really worth much unless you work for a long time (30+ years or something).
  • Sick pay - if your sick you’ll get paid from work
  • You’re not solely reliant on your job for income.  
  • In your business you control everything
  • What you learn at work can help your business and vice versa.

Cons:

  • Not much spare time – Currently I get up at 6:50 am, go to work then finish work at around 5 o’clock. It takes me an hour to travel home. I grab something to eat then work for a few hours on my sites.  On weekends I tend to work on my sites as well.  This leaves me pretty tired.
  • Not enough time to spend on your business. It’s hard to compete with other full time businesses when you are only working part time.
  • Stress - you get it from work and also when you go home from your business for example the other week I found that all my servers were down and I needed to sort it out as soon as I got home even though I’d had a tough day at work.
  • At work you tend to be a small part of everything

In summary I think that this is the best way to grow your business until it’s at a point where you’re making more than your full time job and need to quit it to grow your business further.

3 comments February 3rd, 2008

How to get youtube on your wordpress blog

I had been trying to get youtube videos on my wordpress blog for ages. Eventually I found out how by asking matt on msn (http://www.takemorerisks.com) basically this plugin http://www.paulbain.co.uk/simple-youtube-plugin-for-wordpress-easytube/ works great and its easy to use. The only thing to note is that when you go into your post editor/writing thing you need to change it to code when you put the url in the square brackets or it will try to stick the html code in for the link. I have a video example below. You need to a flashplayer enabled browser to view this YouTube video

Add comment September 2nd, 2007

Social bookmarking buttons code traffic

visit http://www.addthis.com and add the bookmarking button to your website. It will help users to bookmark your pages in delicious and quite a few of the other social media sites.

1 comment September 2nd, 2007

Diversifying my website income

Like a lot of web entrepreneurs I only really use google adsense on my sites.
I like adsense but I think I am just too dependant on it. What I have promised myself I would do is to try to diversify my income. So I have started making money from directory submissions (www.bizbookmarks.com, themetree.com, bizsocial.com), parking my unused domains (I should have done this a long time ago) at auctionads which basically allows you to put ebay ads on your site, its quite similar to adsense in the way it works .

I have also got another advertiser from text link ads (see $100 in FREE Links) on this blog see, Technology public relations at the footer of this blog in the red box..

Update on the bank card fraud: I have submitted a disputes form to my bank.

Add comment June 11th, 2007

The importance of having a robots.txt file

I didn’t really place much importance on having a robots.txt file hence some of my sites had one and some others didn’t.  Now the problem with not having one is that if Google cannot find your robots.txt file and doesn’t get a 404 page not found error, Google won’t spider (crawl/index) your site. 

 

This created the problem of my homepages not being indexed but the rest of the site was. I found this problem by logging into sitemaps and verifying my site.

Add comment June 3rd, 2007

Running a website business

Since we are living in the century of speed and technology, more and more people prefer to run businesses from home, and especially website business. I personally run a website business, so I will share with you some of my experience and give you some tips on how you should run such a business.

 

First of all, do not look at this matter as to a complex and complicated deal. A website business is not much different from any ordinary business. Just think at it as if you would run a gift shop, a book store, a restaurant or any other business. You wouldn’t do one of these businesses without growing and promoting it, would you? Put in this perspective, your website should be run exactly the same way you would treat one of these brick-and-mortars. Every business requires an inventory, proper management, advertising, and several other operations. All these are done for a growing prosper business.

 

What you need to know is that the world of websites has suffered important changes. Competition at this level is an important aspect. Therefore, perseveration and a lot of work are required. A proper site management is the key of success. As in any other business, the key of success can be resumed to three aspects: proper planning, timing and naturally a little bit of luck. So, before you start a website business, you must know exactly what is selling best on the on-line market. So, you must carefully study the market, the trends, the competitors, and only after that make the final decision related to what you will be selling.

Then you will have to worry about the number of visitors on your site. As a tip for you, know that most of the online users need to have a reason to visit your website. So, the easiest and meanwhile the best way to generate interest from the internet users is to offer them soothing to do on your website. So, forums, games, downloads, entertainment, blogs and so on can be of great help. Also, do not forget to design your website properly and to make it as attractive as possible. This aspect can be improved simply by asking the visitors in a special forum.

 

Search engines and search directories are highly important in the world of website businesses so this aspect must never be disconsidered. If you do that, some visitors will never even know that your site exists. A website with good search engine listing placement will see a dramatic increase in traffic. This means one important thing: lots of online viewers are coming to your website. Zero traffic equates to zero sales. And this normally leads to capital loss.

Add comment May 28th, 2007

Online Bank Card Fraud

I checked my business bank account the other day to find that there has been three transactions that I didn’t make on there (about £200 or $400). I immediately cancelled my card. I only ever use my business account to make purchases online and all of these are made from reputable companies (with registerfly as the exception). I have never replied to any dodgy phising emails or anything like that. So the details of the card must have been got by an employee of one of these companies or via hacking or something.

I have decided that from now on I won’t use my card online I will use a payment service such as paypal or google checkout.

I don’t know if I will get my money back or not I have emailed all the companies that purchases were made from and I will ring my banks disputes hotline tomorrow. I will keep you updated.

Add comment May 20th, 2007

Making money with a website

One of the most important advantages of web business is that you are free or nearly free to do anything. When it comes to making money with a website, creativity is the key. I will start this article with some of Karl Taylor Compton, former president of MIT words. Back in 1938 he said: “In recent times, modern science has developed to give mankind, for the first time in the history of the human race, a way of securing a more abundant life which does not simply consist in taking away from someone else.”

He spoke the truth, since nowadays more and more people make money using a website. In fact, you can’t even see a company nowadays that does not use computers. But let’s say more about how you can really get profit using a website. When you build a site you must choose the type of site you will have. You can choose a “magazine-like Web Publishing” or a “Web-based Application”. I have divided the site categories that can lead to profit into four. The first type would be the sites which provide collaboratively created information. Using forums and e-mails you can collect information from the public and then publish them each year. This can be done in other ways, but with the internet it is less expensive, it is not so time-consuming, and with a just a little bit of work, you can have everything done. To understand better such categories of websites think at eBay.

Another category would be sites that provide traditional information. What is most intriguing at this type of site is that, even it requires less imagination and creativity, the investment capital would be more important. You can search for pieces of information that were unavailable to the consumers on-line (such as old magazines, newspapers, weather reports, movies, television, videos, stock market information, and so on) and sell them now. Ad banners, links to your sites and all types of revenues can get you a lot of visitors.

The third category is represented by sites that provide on-line services. What kind of services? Well imagine a website that provides wedding planning online. The users will tell you what kind of wedding they want, how much they want to spend, and when the wedding will take place. Your program will figure a detailed budget, make the invitation list, and all other activities you can do online. After that you can find a famous hotel, restaurant and ask them to give visit cards to their guests. And imagine all other ways to make your business famous.

Now that you know all these important types of site, you can continue your work and expand your business or even imagine new ways of making money with a website.

Add comment May 13th, 2007

Site size (Volume) vs Site niche

This is something that I am still unsure about. Is it best to build a big general site or is it best to build lots of small niche ones. I have built a few sites and in general the bigger sites that are general tend to have averaged out earnings. Whereas the niche sites get spikes (if it where a graph) where the money comes in.  I have tried looking at the stats etc… I have come to this conclusion: It’s good to have a mixture of general sites and niche ones.

 

The general sites will provide a consistent income stream whereas the niche ones will provide  spikes in your income.

1 comment May 6th, 2007

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