This is a great article by Kenneth Koh, which puts blogging in perspective.
Blogging is just another means of creating traffic.
What you do with that traffic (i.e how you monetize it) determines if you create passive income.

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

Can Blogging Create Passive Income?

This is an interesting free plugin “Tweet My Blog, integrates Twitter seemlessly to your blog!

I’m still new to it but it has 3 uses that can enhance the way an InterNET NETwork Marketer uses Twitter.

1) Viral Traffic for Your Blog

It automatically posts a tweet to Twitter when you make a new blog posting, complete with the link back to your new post. This saves the InterNET NETwork Marketer a lot of time, rather than to make a blog post and then manually update Twitter.

2) Build a Twitter following using your blog and add fresh blog contents at the same time.

This functions similarly to the original Twitter widget. It pulls your Twitter tweets and displays them on your blog but with LINKS back to your tweeter page (the original Twitter widget only displays tweets but not as links). Also, according to the creators, these tweets are considered as blog contents. Not really sure about this. Will need to investigate further.

3) Built-In Monetization Strategy

This is SMART! The creators let you have this viral plugin for free and also make you an affiliate of some programs they are promoting which means….you get paid if someone buys through your “Twitter My Blog” links. I’ve checked out some of their offers, may cater to the needs of some internet marketers. Interesting, but again, will need to investigate further.

I myself am just using it for the auto Twitter updates when I post at my InterNETwork Marketing Asia blog

Click Here to find out more about “Tweet My Blog”

Tweet My Blog

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

Perry Marshall, author of the authoritative guide on Google Adwords, “The Definitive Guide to Google AdWords“, wrote a fantastic email about selling results and not procedures. I really respect him for being able to climb from such humble beginnings to where he is today!

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

Willy,

Today I’m going to tell you a story that’s kinda uncomfortable
for me to tell.

But first I need to explain my “Pink Cadillac Theory of Killer Sales
People.”

Mary Kay consultants used to win Pink Cadillacs for achieving
huge sales results.

So my Pink Cadillac Theory says: Most of the really great sales
people - and most of the really talented marketers and copywriters
I know - started out in some sort of down-and-dirty, person-to-person,
lowly direct sales opportunity.

Maybe it was selling Mary Kay. Maybe it was some sort of M/L/M
deal. Maybe they sold Cutco Knives, or Girl Scout Cookies. Heck,
maybe they were even Jehovah’s witnesses, knocking on doors.

But somehow, somewhere, they learned the rhythm of face-to-face
persuasion.

Which is why, when I found out that our own Mendy Butler had
supported herself as a full time Mary Kay rep for 3 years, I
snatched her up right away.

So anyway, I’ve got my own version of that. A lot of my customers
have heard my Amway horror stories. But another place where I
learned to sell was selling…. vacuum cleaners. In rural Nebraska,
actually. About 18 years ago, when I was a scrapping college
student.

Yup, knocking on doors, hawking $700 machines… ‘hey mom and
dad, are you proud of me yet? That investment in my education
sure is payin’ off now, ain’t it?’

Anyway, when you sell something door to door, you have to
come up with something to entice them to let you in their house.
Kind of like writing headlines. I was offering a free carpet cleaning
for one room, which would become my opportunity to demonstrate
what this here fine machine could do.

I found, this is not easy. I didn’t get many takers.

Well one day some guy told me to come back later in the afternoon.
He asks me, “Now how much do you charge to clean carpets again?”
He thought I was a carpet cleaner.

And I thought: “Well, I could have a slim chance of selling him this
thing, and probably go home with nothing… or I could quote him a
price and just clean his living room, and go home with money in my
pocket.”

Which is what I did.

Which is how I got into the carpet cleaning business. Pretty soon
I was cleaning carpets in rural Nebraska.

I cringe, just telling you this story.

But every successful person has some sort of humble beginnings
they’ve gotta admit to. And actually should be proud of it, because it’s how you developed your chops.

But anyway, there’s a lesson in this.

The renowned copywriter Herschell Gordon Lewis said,
“Sell Results Not Procedures” and that’s exactly what I was doing
when I went from vacuum cleaner salesman to carpet cleaner.
Just sell the end result, not the ‘thingy’ that might be able to give
them the result.

Last month I had a consultation with a guy who was trying
unsuccessfully to sell this exotic piece of corporate software.
I said, “Sell the customer a consulting gig in which you go into
his company and use your total expertise to solve all his problems
in, say, 2 months. Use your software to do it, but guarantee that
you will entirely solve his problem.

“And in the process of solving his problem completely - which is
what the customer wants in the first place - you will figure out what
is missing in the sale of your software.

“Plus you’ll make some immediate money that will fund your
business as you go.”

Ask your customers - what is the end result that they REALLY want, and sell THAT. It’s the easiest and best way to re-invigorate your biz.

To your success,

Perry Marshall

P.S.: I never won a Pink Cadillac, ever.

P.P.S. Mendy and Denise, my capable customer service assistants,
attended the last 4-man intensive as guests. To see what goes
actually on. They both LOVED the experience. And if you go to
the information page about the next Intensives - which are
September 10-11 and 24-25 - you can chat with them via the
live chat, and hear their stories. Or talk to ‘em on the phone.

If it’s not a fit, they’ll tell you. If it is, the #1 thing we do is re-invent businesses - more results, less procedures. You’ll get a preview of how
much fun you’re gonna have: http://perrymarshall.com/roundtable/

Twitter? Is that a bird or what?

Twitter is a new way to keep yourself in front of your audience. People get to “follow” you and find out what are you doing at the current moment. It allows people to know you as a real person, and thus building trust, which is important in InterNET NETwork Marketing (aka InterNETwork Marketing).

It’s kind of like a cross between SMS and blogging (hence some people called it micro-blogging). It allows you to update your status (whatever you are doing) via its website. Something like Facebook status, except that you can update it using a mobile phone too.

Check out my twitter here:-

http://www.twitter.com/willylim

So what does Twitter has to do with InterNET NETwork Marketing?

When I stumbled across Twitter in April, I couldn’t figure out a use for it. I thought it was nothing more than a tool for perverted stalkers to stalk somebody!

But since then, I realised that Twitter is an important tool for the InterNET NETwork Marketer…

Now, in this new InterNETwork Marketing model, you need to provide value by putting up good content on the internet, to attract prospects interested in network marketing to opt into your email list. By building an email list, you are able to deliver ongoing valuable information to your prospects and this builds you up as authoritative figure in the subject matter of InterNETwork Marketing.

Before there was Twitter, people can find you as an InterNET NETwork Marketer through a variety of ways:-

• Search engines like Google
• Social network sites like Facebook
• Content sites like Squidoo
• Social Bookmarking sites like Digg
• Website (like my Financially Free Advisor site)
• Blogs (like this one!)…

…and now to add to these…Twitter!

In InterNET NETwork Marketing, Twitter fills in the missing piece in terms of time-sensitive, short info broadcast. It’s somewhat like SMS in the offline world. It gives people the comfort to know more about you through your tweets and find out if you can really value add before opting into your email list.

How to use Twitter in InterNET NETwork Marketing?

You can start by inviting your contacts in your email list to follow you on Twitter. Other people using twitter can also find you through their twitter contacts. You may include your Twitter link whenever you post content on the internet and in any emails you send out.

When someone follows you on Twitter, each time you send out an update, they will see it.

Twitter allows you to put links in your updates and this is an important function: When you post new fresh content on the internet (your blog, website etc), not only can you email people on your email list to read the post, you can also post the link on twitter, and the people following you can read your blog post too!

If people read enough of your content to find you a trustworthy person able to help them with InterNET NETwork Marketing, they may opt into your email list or even call you to meet up! (Yes, it happened to me already). Also, informing your email list using Twitter gives you an additional notification channel, just in case your email ends up in their spam folders!

Plus, there is this pretty cool widget for Twitter that you can put on your website or blog. Whenever you update your Twitter status, it shows up your blog! And if you add the Twitter application in Facebook too, your Facebook status also gets updated as well!

So…To Twitter or Not to Twitter?

Twitter is a useful tool for InterNET NETwork Marketers to extend the reach of your content, thereby increasing your number of prospects. Twitter is also a great tool to give people an “insider view” of what goes on in your life as a InterNET NETwork Marketer, building rapport, trust and relationship.

In short, USE IT

Tweeter me here: - http://www.twitter.com/willylim

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

The difference between active income and passive income is somewhat like the difference between planting vegetables and planting fruit trees.

With vegetables, you get to prepare the land, sow, fertilize, water, harvest and sell them within weeks, but you have keep doing it or your income stops. That’s active income.

With fruit trees, you prepare the land, sow, fertilize, water, but you have to wait 3 years before it starts to bear fruit and you can harvest and sell it.

What’s the difference then?

Well, the difference is you need only to do it right once! After the fruit trees bear fruit, you just have do a little maintenance (like watering and adding fertilizer) and you get all the fruits you want! This is passive income.

Read more about The Truth About Creating Passive Income Online here.

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

I had a GREAT time today conducting Cashflow Training in Xiamen, China! Quite a number of new prospects turned up for the Cashflow Training. By the end of the training, a few of the prospects were asking about how to create passive income

In China where online lead generation strategies are still in its infancy stage, off-line strategies like Cashflow Training works extremely well and can generate highly qualified prospects. People in China have read about the Cashflow game in Robert Kiyosaki’s Rich Dad Poor Dad book, and my China team has capitalized on its popularity to generate endless qualified prospects.

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

Even Alan Greenspan thinks that the worst is yet to come. I’m stocking up my cash to get ready for the big kill.

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

Published August 2, 2008

Market turmoil not abating yet, says Greenspan Email this article Print article Feedback (WASHINGTON) Former Federal Reserve chairman Alan Greenspan said that falling US home prices are ‘nowhere near the bottom‘ and the resulting market turmoil is not showing signs of abating. While the odds of a recession are 50-50, achieving stable markets will ‘take a while’, he said on Thursday in a CNBC interview. The economy grew at a 1.9 per cent annualised rate in the second quarter after expanding 0.9 per cent in the first quarter, the Commerce Department said. Gross domestic product was revised to show a contraction in the final three months of last year. More Americans filed claims for unemployment insurance last week than at any time in more than five years, the Labor Department said. Consumer prices increased 5 per cent in the 12 months to June, the most since May 1991. The core rate, excluding food and energy, increased 2.4 per cent from June 2007. Fannie Mae and Freddie Mac, the largest sources of money for US home loans, are a ‘major accident waiting to happen’, Mr Greenspan said. ‘The solution’ is the ‘nationalisation’ of the companies, a restructuring involving an infusion of taxpayer money and eventual sale back to the market as ‘five or 10 separate entities’, he said. ‘It’s important that we focus on stabilising the financial system.’ Policymakers also need to reconcile slowing economic growth with rising prices, he said. The Fed had to open up lending to securities firms to curb turmoil in financial markets, he said. Still, Mr Greenspan said that he was ‘uncomfortable’ with aspects of the Bear Stearns Cos rescue. ‘That is a fiscal policy operation, essentially something which should be set up in the Treasury Department.’ - Bloomberg

The sub-prime crisis is far from over. It may lead to the worst financial crisis ever seen in our times.

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

Published August 1, 2008

Mountains of losses may bury markets: pundits Financial crisis is the worst the world has faced since the 1930s, crack panel tells The Business Times By ANTHONY ROWLEY IN TOKYO Email this article Print article Feedback THE global financial shock sparked by the US sub-prime mortgage crisis is far from over, according to leading international financial experts. There is still a major risk of a ‘meltdown’ as economies battle what is shaping up as the worst slump since the 1930s, a group of them - including financial guru Marc Faber and investment veteran Mark Mobius - warned at a symposium organised by The Business Times. Total losses suffered by financial institutions worldwide in the wake of the sub-prime debacle will run into trillions of dollars - possibly as much as US$10 trillion, rather than the billions envisaged originally, some suggest. And the US budget deficit could ‘explode’ as Washington seeks to stem a real estate haemorrhage and restore confidence The experts’ analysis (which appears inside on Page 13) is a far more sobering assessment of the dangers facing the world economy than has generally been presented so far. It comes as markets are again suffering tremors - with the US Federal Reserve once more forced to pump confidence-boosting liquidity into the financial system. Equity markets are threatened with an ‘avalanche’ as financial system aftershocks continue, the expert panel warns. And according to Mr Faber, this could turn into a drawn-out process or ‘water torture’ bear market. Former Wall Street executive and one-time World Bank group official Ernest Kepper reckons stock valuations could fall as much as 40-50 per cent from their peaks a year or so ago. And Mr Mobius says: ‘There is a big risk of a meltdown of the (US) financial systems brought on by a lack of confidence.’ Lehman Brothers’ New York managing director and chief US economist Ethan Harris rejects any suggestion that US government debt is ‘not safe’ amid the crisis at mortgage giants Fannie Mae and Freddie Mac. But Mr Faber suggests: ‘We are in the midst of an unprecedented credit growth slowdown that will hit all asset classes one after the other as liquidity tightens and deleveraging becomes the order of the day. ‘First, home prices came down. Then financial stocks. And now, commodities, material and energy stocks. Bonds will eventually tumble too. Even art prices will fall.’ Inflation is seen as the immediate threat as food, fuel and other commodity prices soar. But governments may soon find themselves battling deflation, the experts warn. Mr Kepper says: ‘As the financial avalanche builds and recession hits oil-importing countries, the combination of a severe US recession and a global slowdown will shift the focus away from inflation to the slipping demand for real goods. ‘This will lead to a reduction in prices when supply exceeds demand. There will be downward pressure on labour markets and rising unemployment, while at the same time, commodity prices fall in accordance with reduced demand.’ William Thomson, a former vice-president of the Asian Development Bank and now head of a financial advisory group, says the sub-prime crisis is ‘undoubtedly the worst in the developed world since the 1930s’. He reckons the only period remotely similar is the bear market of 1973-75, which was driven by surging oil prices and stoked annual inflation rates to around 20 per cent. ‘That has not yet arrived but may well be in the pipeline,’ he says. But he believes the situation is far worse this time because the US financial system is extraordinarily stretched and stressed. ‘Last time, we only had the minor bankruptcies of Franklin National Bank and Continental Bank to contend with,’ he says. ‘Then, there were no derivatives. But now, they amount to more than 10 times world GDP and a greater multiple of bank capital. Within that total, the most toxic ones are those of unlisted, opaque, over-the-counter variety amounting to over US$50 trillion - again multiples of US bank capital.’

The mail man came by today, pressed on my doorbell and asked, “Parcel for Mr Willy Lim?”. I thought it was the products I have ordered from my company. But I was pleasantly surprised when I found out that it was a parcel from US. I looked for the sender’s details and found a familiar name - Steve Anderson, from Ann Sieg’s Renegade Marketing Team.

I couldn’t contain my excitement, quickly opened up the parcel and found card and a box of candies!

I opened up the card and it was a Thank You card from Steve Anderson, congratulating me for doing a great job in promoting Ann Sieg’s Renegade Network Marketer e-Book and Renegade System in Asia.

Dear Willy, I just wanted to say that you are doing a great job in promoting the Renegade Network Marketer. The other day when I was looking at my affiliate reports your name was the one that was coming up most often…

The last time I spoke with Ann Sieg she spoke very warmly of you (Willy Lim) and she really admires the way you go about your business. - Steve Anderson

I’m touched. Really. I mean I can’t remember the last time somebody sent me a box of candies!

Thanks Steve!

P.S. And thanks to Ann Sieg for the Renegade Network Marketer e-Book and Renegade System! I owe my InterNETwork Marketing success to you people!

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

An important strategy to increase your search engine ranking (Page Rank) is to get links from other high page rank sites back to your own site. Ty Hurd shares an easy way to get free backlinks below!

Committed to Your Freedom,
Willy Lim

The Financially Free Advisor
Bridging InterNET to Network Marketing in Asia

Get PR4 and higher backlinks with ease (well, kinda)…
This one is easy and oh, so sweet… But, if you use the following advice, please DO NOT COMMENT SPAM! Take a minute on each blog you comment on and READ IT, you could even subscribe to their RSS feed to really show appreciation (do it via email so they can see you subscribed).

We all know that having links coming into your blog from pages that have a high Google PageRank will help you to achieve better search engine results. This article will help you gain those all important backlinks.

Find blogs with a high Google PageRank

First, download this PageRank viewer plugin for firefox: Http://pizzaseo.com/firefox-pagerank. It will show you the PageRank of any site you are currently viewing. More on this in a sec. If you use I.E. do a search for “Page Rank plugin Internet Explorer” and you’ll find something similar.

Now, do a Google search of the following term:

“your target keywords” “Remember my personal information” “Notify me of follow-up comments”

So, if your blog was about Blogging Tips, you would enter:

“Blogging Tips” “Remember my personal information” “Notify me of follow-up comments”

If your blog was about personal finance you might enter:

“finance advice” “Remember my personal information” “Notify me of follow-up comments”

You will then find lots of relevant blogs that allow commenting. Remember; the links that point to your blog should be coming from relevant sites to really give them SEO value.

Also, keep your eyes peeled for .edu blogs with high PageRanks - those are worth GOLD!

Of course if you find a PR6 or higher site that allows commenting and they don’t have the nofollow attribute it would be beneficial to have a backlink on that site no matter what the content.

Start clicking on the search results. On each page you will see their PageRank in the status bar at the bottom of the screen. Pretty much any blog that has any rating (1-9) is beneficial to have a comment on, but you need to make sure they aren’t applying the “nofollow” attribute to the comments, otherwise your comment and backlink are worthless (worthless for SEO, they may still bring you traffic and it’s always beneficial for any blogger to leave/receive good comments).

Nofollow or not?
Go to a comment and copy the name of the person who left the comment (tip: highlight the name with your mouse, then hit “Ctrl+C” to copy). Next click on “View” in your browser, and then “Page Source” (or hit “Ctrl+U”) to see the actual HTML of the page. Then, on the screen that opened with the source click on “Edit”, then “Find in this page”. At the bottom of the screen “Find” with a little text box appears. Paste the name you copied (hit “Ctrl+V” to paste) in that box and firefox will automatically find that text.

Now if you see something that looks like this you should leave a comment on the page: “<a href”http://www.acmerockets.com” target=”_blank”>THE NAME YOU COPIED</a>

If you see: “<a href”http://www.acmerockets.com” target=”_blank” rel=”nofollow”>THE NAME YOU COPIED</a>” Then move on - unless you’ve found a good blog, then you may want to read it!

That’s it, you should be able to find plenty of great blogs with good page ranks to comment on. This will be GREAT for your search engine results and will undoubtedly bring you some traffic too!
But remember…

DON’T COMMENT SPAM! Leave relevant and insightful comments - NEVER “good blog” or similar… If you leave lame comments its more likely the nice person who allowed you to place a comment on their highly ranked blog, without the nofollow attribute, will be to add the nofollow. Plus good comments will also attract people to check out your blog, so the better the comments, the more likely it is people will take the time to come see your blog!

One sure fire way to get at least one backlink on a PR7 site is to put up a profile on http://www.squidoo.com, plus you can generate some good traffic from them (And just FYI - I’m not getting a thing to promote them - I just think it’s a valuable resource to help you promote yourself!).

If anyone has any other good tips on how to get great backlinks please leave ‘em in a comment and share them with your fellow bloggers!!! Thanks!