Sunday, November 4, 2007

Day Two: The Redemption

So yesterday I sort of touched upon my rejuvinated interest in PayPal, E-Gold, and the rest of 'pseudo-online-banking'. Okay, it's not really online banking but more a superior system of helping you waste more money online. Call it what you want. No big deal. PayPal's main advantage to people like myself and all those wishing to improve their financial situation via online money making is that its free. Essentially, PayPal is a free online bank account that you can use to manage your finances whether you have a credit card, a real bank account, or nothing at all. There are a few other systems that we could use instead of PayPal, but PayPal, with all its flaws, is the most popular and most widely accepted within the online community. In short, get yourself a PayPal account. It's free!

So now that we've laid down the ground rules, or the basis for our approach to richness --- we now have a free bank account --- we can focus on the primary sources of income online that require NO skills and NO previous education. It's so easy a four year old monkey could do it! Okay, maybe not a monkey. Maybe not a bear either, but it all boils down into several simple systems that we can use.

Let me note that while a cent is worth practically nothing in the real world, many cents are worth something. Theres an old trick from the days when I was in middle school that said the following. Tell your parents, your father, your guardian, or whomever controls your allowance that you want to be paid in the following fashion. One penny on the first day, two on the second day, four on the third day, and so on for an entire month (considering that it's a 30 day month). Come to think of it seven pennies for three days is absolutely nothing. It's a joke, you can't do much with that but if you keep doubling it for a whole month you'll end up with $10,737,418.23! It's called compounding. Do the math yourself and you will be impressed by the power of the penny! Or not... it's essentially just another stupid thing to make you look clever.

Looking clever may be appealing to most of us but cleverness does not and cannot substitute for our financial goals. Unless you impress some super-hot-model-chick that makes a couple million each photoshoot and given that you end up marrying her. Then yes, cleverness is quite cool.

Referrring back to my notion about systems --- we should look at what the internet can offer us. Now I know, and I can't emphasize this enough, it's not that hard to set up your own service that replicates the systems we are trying to use but we simply do not have the time for a full-time job. And it is a full-time job. Most will deny it but yes, hosting a site based solely on advertisements is a full-time job (as with any serious website).

So back to the systems! Here they are (shoot me if ever rant like this again!):

1. Paid-to-Click
2. Paid-to-Read
3. Paid-to-Review
4. Paid-to-Signup (Referrals - Can be free, can also not be too free)
5. Writing
6. Human Intelligence
7. Online Communities
8. Blogging for Cash (I guess, this could fall under writing, but it's such a grand topic that it deserves its own category0)
9. Online Gambling

I've listed nine systems so far, each with its own distinct advantages and disadvantages. Forget MLM's and all these other get-rich schemes. Yeah, so they exist, yeah they worked in the Soviet Union for a while, and yeah they got trashed with only a few people actually making the promised amount of cash. The systems I've listed above have worked for me in the long run. I'm not advocating that you'll be able to make thousands each month by just clicking and reading and clicking and reading. It's not that easy. Give or take a good month could end up just throwing out something around $15 per site. Yet in the long run with refferals and gold memberships you could be making $50 or $100 off that same site. Essentially it all depends on how you approach these systems and how you deal with them over the course of a few months. In almost all cases, however, you will be succesful. Life cannot kick you in the ass 24/7. It gets tired too.

And on that note, I'ld like to leave you for a while, until either tonight or tomorrow where I'll post some indepth analysis and guidelines (yes, a TUTORIAL!) about one of the systems stated above. Oh and by-the-way, there are more out there --- just see for yourself!

Day Three: An Introduction to the Realm of Broken Index Fingers and the Myths of Paid-to-Click Systems

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