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Welcome to WealthMountains Tips for Extraordinary Wealth! Table of Contents: 2 Lessons I Learnt From A 5 Year Old
1. The One-Minute Thought
In that month, we will be volunteering to help a local non-profit organization in leading groups of underprivileged kids for a day of fun on the beach; showing them teamwork and sandcastle building. This was our way of giving back to the community. Anyway, our 2 hours sand-building training course went very well. My wife and I had lots of fun. Half way through, a little 5-year girl (her name was Yen) decided to join us in building our sand castle. We were more than pleased as we loved kids.
2. Video: 3 Pillars Of Any Successful Product (Internet Marketing or otherwise)
He explains the 3 most important elements in building value into EVERY product you sell online. And NO, it has nothing to do with having a quickstart guide or checklists or anything like that. In fact, the first two criteria have NOTHING to do with the actual content of the product itself. Jim shows you the hidden psychological evaluation criteria buyers use to justify the value they pay for your product. This video will not only help you cut down on refunds, but will explain exactly HOW people REALLY build up value for any product in their own minds. This is a 6 minute video.
3. Internet: 15 Creative and Profitable Ways to Use Autoresponders (Part 2)
In this Part 2, you will learn the next 9 ways to use your autoresponder profitably. You can read Part 1 from here: 7. Distribute advertising. Let's say you sell advertising on your website or in your newsletter or e-zine. Set your autoresponder to send the information about rates and how to place an ad automatically to all prospects' email addresses. Then have your autoresponder follow-up. It can also send notification of any special deals you are currently offering. 8. Distribute an email course. Each day, have your autoresponder send out another lesson. Just be sure that each lesson has quality content - not a sales pitch. Your content will do the selling for you, and will do it much more effectively. You can include tips centered on a different topic for each lesson, illustrating how your product will benefit the reader. Include the tangible benefits the visitor will reap by purchasing your product. Make sure to include a paragraph or two at the end of each lesson enticing your prospect to consider making a purchase. 9. Automate a reminder about your service or product after a visitor has completed your course. This will increase the possibility of sales from visitors who have taken your course but are dragging their feet about actually making a purchase. You can also use these reminders to promote new products or services, and the products and services of your affiliate programs. 10. Distribute free reports. This gives your visitor an idea of the type of information you can provide and the quality of your product or service. Make sure these reports are not sales letters or you will more than likely lose a potential customer than gain a sale. 11. Create trivia quizzes on your site and place the answers in an autoresponder. Your visitor will then be motivated to request your autoresponder, and you will have a record of the visitors' email addresses who took your quiz. Or create a contest and have any visitors that enter send their responses to your autoresponder. Your autoresponder can be set-up to send them a confirmation of their entry. 12. Offer a trial version of your product. Give your prospects a sample of your ebook, course, software, membership, etc. People who are exposed to a little taste often end up wanting the whole pie. You can also capture their email addresses when you offer them a free trial from your website. Set up your autoresponder to give instructions on how to obtain their free trial, and then make sure to follow-up to try and close the sale. 13. Link to hidden pages on your autoresponder. For example, a hidden page could be your affiliate page that contains graphics, promotional articles, and text links that interested affiliates can make use of. Inform visitors that they may have free access to your affiliate page by simply requesting your autoresponder. You will then gather a list of visitors who may be interested in becoming your affiliates. 14. Use an autoresponder on your order page. Post a request form for visitors to be notified of special offers or discounts in the future. This creates a very effective mailing list that contains the names of people who are already your customers. 15. Put your links page on your autoresponder. It should contain up to fifty links that would be of particular interest to your visitors. Make sure to add your own promotional copy at the top or bottom of this page. Now that you have proof that autoresponders can be used creatively, see if you can come up with some brilliant ideas of your own! About the Author: 4. Stock: Futures Trading: How Fortunes Are Made
If there ever was one business that has made a lot of people a lot of money it is futures trading, also known as commodity futures. This is one business that has made millionaires and multi-millionaires in a very short time while starting up with relatively small capital investments. Just what is a "futures trading"? Loosely defined, a future is an agreement to buy or sell a given quantity of a particular commodity at specified future date at a pre-arranged price. You "speculate" the direction prices will take and decide to buy or sell based on that. Prices are, to a degree, predictable. The money-making potential in futures trading is astounding. Examples; John Henry started with $16,000 and amassed a wealth worth more than $1.5 billion. Richard Dennis borrowed $1600 and made $200 million in about ten years. Granted, these examples are atypical. But you can see the potential. Unlike other forms of business and trading such as real estate, stocks, brick-and-mortar etc., where you have to wait years to see any substantial returns, futures market is immediate. Better still, you can start from your kitchen table, you never physically handle or deliver the commodities, nor market or advertise, and you can buy or sell large or small quantities. You also have choice of a wide range of commodities from gold, grains, crude oil, gasoline, currencies, and agricultural products and many more to choose from. As with any business where you can make lots of money fast, you can also loose lots of money fast. This is one reason why this business is not for everyone. It is certainly not for those who tend to get emotional when things seem not go as intended. Actually, the more you're able to keep your emotions in check, the more money you can make as panic and hysteria are commodity traders' best friend. When starting out, you might make losses. This is expected and may be a good thing as early success can give you a false impression about your own abilities, and lead to disaster. Loss should be treated as part of business and learning process. The key is to limit your losses by learning to trade like a professional. How? Professionals approach futures as a business, as opposed to the slot-machine, hit-or-miss approach most people make. And, as with any business you need to understand how the market works. This means learning as much as you can about the business. And no, you don't have to pay $2500 to attend some seminar to learn "insider secrets". You would be better off if you could take a trip to Chicago or New York Board of Trade and observe professionals at it. You'll learn more this way than in any seminar. Back to limiting losses. One way of limiting loss (risk management) is placing a stop-loss order on a trade. You pre-determine the amount of risk you are going to take, and stick to it. Successful traders always have a stop-loss order before initiating a trade. Trading without a stop loss order can have catastrophic effects, especially to the inexperienced trader as they can find themselves unable to pull the plug until it's too late. Another key is diversification. As they say "never put all your eggs in the same basket". A rule of thumb is not to risk more than ten percent of your equity in any one trade, thus preventing losing all your money in one or two bad trades. Amateurs also make the mistake of re-investing all their earnings, and then loosing it all down the road. Professionals pull their profits and start small again, making small capital increments to facilitate growth. Good record keeping is also important in that it shows you what is working and what is not, as well as the patterns. Contrary to what you may have heard you don't need a lot of money to get started in commodity trading. A good brokerage firm can help you get started without spending a fortune. Details of running a successful futures trading business are beyond the scope of this article. The best investment you can make is to spend time learning how the business works, starting with the basics. About the Author:
5. Infopreneur: How to Price Your eBook (Part 1)
You've written and compiled an ebook. Now you have to decide how much to charge for it. Finding the right price is essential to the success of your product. If you charge too little, people will think it's of little value, and they won't purchase it, or even it they do buy your book, you will have to sell thousands of copies to get to the point where you can begin to see a profit. If you price it too high when compared with your competition, you will find yourself steadily lowering the price, which will cause you all kinds of new problems in the future. For example, if you sell your ebook at first for $39.99, and later reduce it to $24.95, don't you think the people who bought it for $39.99 are going to be PISSED? Choosing the right price for your ebook is one of the most critical parts of the marketing process. The first rule of pricing ebooks is to never underprice. Determine the highest price your audience can afford, and then if you find your book isn?t selling, you can always reduce the price. Before you take that step, make sure you are promoting your book like crazy on the Internet and on websites. The price should be aimed at bringing in profits, but you should never forget that price is one of the factors that people use in judging the value of your ebook ? before they buy it. So always start with the highest price, and then launch a mega-marketing campaign. Pricing an ebook is particularly difficult because ebooks are a fairly new commodity. Since they are digital, the value of an ebook is as confusing as the understanding of what digital actually is to the average layperson. This means that we must look at ebooks in a different light in order to determine their actual worth in this brave, new cyber world. Let's look at the difference between a book in print and an ebook. A printed book is an object you can hold in your hand, store on your bookshelf, even hand down to the next generation. It is priced on factors such as paper stock, design and production costs, and marketing. But the fact that unites ebooks and print books is that they are composed of ideas. It is the ideas in these books that have the ability to change, or possibly transform, people's lives. What do you think an idea is worth when evaluated against the cost of paper and ink? It is the IDEAS that are valuable! That is how you determine the cost of your ebook. What should I charge for my ideas? There are all different formulas and methods for determining the correct price for your ebook. Let's begin with honing in on your ultimate goals. Decide if your goal is to get wide distribution and maximum exposure. This goal is aimed at drawing customers to your business or service, or to establishing the credibility of your reputation. If this is your main goal, you should aim to keep your price on the low side. Some authors have even priced their ebooks at a profit loss to draw a high number of new customers. The key is to find a price that maximizes your profits and the number of books you sell. This is an excellent pricing strategy if you are looking to acquire long-term customers. Long-term customers are extremely likely to buy from you again and again as long as the first ebook they buy is of exceptional quality and beneficial to the customer. However, if your book contains valuable and more importantly NEW information, references, or techniques then you should aim to price it on the high end. Watch out for Part 2 of this article in the next issue where I will share further details on this topic. About the Author:
6. Resources and Tools for YOUR Success!
HandBook on How To Write Your Successful Special Feature Article Learn How To Build WealthMountains Blog contains my thoughts and rumblings Free Financial tips and guides Great savings buying magazines at wholesale price  Protect Yourself Against Online Thief!
The website is still new with a few submissions already. Even so, it can offer you the following benefits:
8. Book Recommendation: How Can I Ever Afford Children - Money Skills for New and Experienced Parents
Do you know that the estimated cost of raising one child from birth to college ranges from $145,000 to about $400,000? The first question that comes to many couples' minds when conceiving a child is "How can I ever afford children?". This manifests the major concern of many who fret over having children in the face of rising costs. No one ever said raising children would be easy or cheap. In fact, parenting is one of the most expensive ventures you will undertake. This invaluable book shows you how to plan for and meet the financial challenges of parenting. Within the book, it also included helpful tips and advice, as well as useful worksheets and practical strategies. The author examines the business of birth, infertility problems, baby accessories, time commitments, childcare options, tertiary funds and even writing a will. She directs couples to solutions on how to have children and raise them decently. It is authored in a jargon-free format by Barbara who writes regularly on personal finance, small business, and other work issues for Business Week and Working Mother. She is the author of "The 10 Minute Guide to Smart Borrowing" and "The 10 Minute Guide to Working with Financial Advisor". Within the book, the prices quoted for items such as childcare bills and hospitalisation fees reflects closely to the current market cost. It is able to give a real feel of how expensive having a child is for dad-to-be and mum-to-be. 9. Lighter moments: Office Dog
The dog looked up and said, "Don't be surprised. This is just part of my job." "Incredible!" exclaimed the man. "I can't believe it! Does your boss know what a prize he has in you? An animal that can talk!" "No, no," pleaded the dog. "Please don't! If that man finds out I can talk, he'll have me answering the phone too!" *Thanks to Pastor Tim for this joke!*
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Tips on Infopreneur, book writing, public speaking, internet marketing, investing and personal mastery.
