Online Business Philippines …have we beaten that horse to death yet? Well perhaps to many of you yes, so it’s likely time to move on.
But Reader Bob submitted a very appropriate comment to yesterday’s Online Business Philippines article that touched directly on something I should have been more clear about,. So I am going to answer Bob’s thoughts with my own here, and also show you one more example you might find interesting.
This time regarding a guy who originally had virtually no online skills or interests took advantage of that horrible thing some of you have already faced, and some may be getting worried about … being laid off from work. Instead of being mentally and financially destroyed, he made a silk purse out of a sow’s ear.
Even if you never want to move to the Philippines, you might want to read this article and keep the techniques explained stored away in your memory … it’s a cruel world out there, even for the well-educated, and one never quite knows for sure any more.
(Also, for those primary interested in the online earnings field, especially for seniors, retirees and us “Baby Boomers”, I write often on those subjects on my retiredpay.com blog.)
Online Business Philippines — Comments
- 1 Online Business Philippines — Comments
First, here’s what Bob has to say regarding yesterday’s post:
A very informative article. I don’t want to sound like I am knocking the ” make money online ” business as I have seen what sites like Bob Martins have done over the past few years and I am sure he puts a lot of work into them and you also with this website….
One of the reasons I took the time to write these articles, Bob, is to try to help people understand there are “make money online” oriented sites, and then there are sites that “make money online” by offering real products (physical, intellectual or both). It’s important for people trying to learn something about online business to be able to differentiate between the two.
Many times in the past and maybe going back about a decade or more, many times when I saw adds for ” Make Money Online ” I wondered, and still do at times , if the at least some of these ” Make Money Online ” things are todays equivalent of the old ” Work at home make money by stuffing envelopes ” routine, or should I come right out and say it, scam or rip-off ? …
Bob, there certainly are sites exactly like those you mention. And it’s wise to be very cautious, indeed. But, in my view anyway, it’s not that hard to learn how to tell the difference. A major technique, as I suggested in yesterday’s article is, analyze how the site is making money.
If the site is ‘selling’ something understandable .. like a gift delivered to a loved one, a list of online schools, a forum to discuss your interests, it’s pretty easy to figure they are likely on the up-and-up.
If the purpose of the site is to sell you something to make money with? It may be legitimate, but 9 chances out of 10, I’d avoid it like the plague.
Online Business Philippines — Scams and Smoke and Mirror Investments
Not only are the ‘selling you tools or software to make you money sites very often scams, or bordering on scams at least, but it’s rare that you need to buy anything as a tool to earn income with. There are no real secrets online and evaluating a online business is not much different from evaluating and off-line merchant.
Are there tell-tale signs to differentiate the legitimate make money online offers and the less than desirable ones ? Now that may make for an interesting topic if it has not been discussed before.
I do Not mean at all for this to reflect on the many tried and proven methods or to imply or suggest that well known, reliable and trustworthy promoters of make money online ideas are not what they claim to be. It is the ones that take advantage of a good thing or promotion that imply or promise this or that and then do not deliver. …
As I mentioned above, my basic advice is never, ever buy products about “making money”. They may have value, but you have the information needed to make money already in your mind. The mistake I see people make is they fail to separate the medium from the message so to speak.
Take a look at the little antique advertisement I illustrated this article with. It’s from Popular mechanics magazine, circa 1964. Virtually the exact same ad ran for at least 25years in Popular Mechanics, Popular Science, Mechanics Illustrated and probably a few other magazines, give or take.
Now it’s a pretty good rule of business that an advertiser who continues month after month, year after year, especially with nearly the exact same ad must be making money,
I was really happy to find this illustration today, because I have looked for it before unsuccessfully … and I have a very close connection to the ad. I’m glad I found it … because I can teach a lot about business, and even online business, right off that antique advertisement. The more business changes, the more it stays the same I sometimes think.
It was run for all those years by a gentleman named Saul Kron who lived in several towns in New Jersey over the years and later on Staten island, New York. The story, as I have it, is that when Mr. Kron came home from the service at the end of World War Two, he, like many ex-GI’s was looking for a way to earn money and get a job. He could have just fallen in line and waited for “permission” to go to work for someone and earn that ‘someone” basically three times what his salary was worth (the real definition of a J*OB)… but Mr. Kron didn’t.
Two of the skills he had learned were how to make simple repairs to hydraulic jacks and how to write simple sentences. He sat down at an old Underwood typewriter and cranked out a little 8 or 9 page instruction manual on how to make common hydraulic jack repairs. He also had a number of hand-drawn illustration, which he made directly on the mimeograph stencils that the text of the book was typed on.
How many still remember the mimeograph, the wax stencils and the smelly ink? How many were “teacher’s little helpers” in school and got to go down to the office and turn the big crank on the mimeo machine to reproduce the teachers homework assignments, lesson plans and such … yes I am old, thank you very much
Mr. Kron the put a small ad in Popular Science, very much the same as the one twenty-years later that I showed above (except I believe his initial price was $2 or $3 )and sat back and waited.
As soon as the magazine hit the newsstands, Mr. Kron’s Post Office box started filling up with envelopes containing $ 2 or $3 (usually in cash in those days).
Mr. Kron then would dutifully stuff a copy of his hydraulic jack repair manual and some OTO (One Time Offer) flyers (sounds a lot like a modern-day web marketing offer, doesn’t it?) into an envelope and mail it off to the new client … of course always adding his or her name to a mailing list for future offers.
Sounds simple enough, doesn’t it? And it’s also pretty legitimate and understandable. Mr. Kron made a good living off this little Hydraulic Jack Repair booklet for at least 40 years. (The last reference I can find to him and his book was in 1985 or so). When his pamphlet was last sold, it had grown into an 85 page book, which sold for (I think) about $25 USD.
What was my connection? Back in1959/60 time frame my Mom worked for Mr. Kron. Every day she drove to his office (which he always had in his own home) with the sack or post office tray of mail she had picked up the night before. During her morning she opened mail, made up shipping labels and collected the checks and cash which had come in for deposit. She’d stop at the bank before lunch, deposit Mr. Kron’s money and then spend the afternoon back at his home office, stuffing product into envelopes which she would drop off at the post office on her way home. basically a pretty simple, straight-forward and easy to understand business, wasn’t it?
Well guess what? Things haven’t changed all that much today … if you take the time to analyze how people are actually earning money.
Online Business Philippines — Similarities Between on And Off Line Business
Well, let me ask those of you who still feel earning honestly online is just a scam, or some sort of black magic or Three-Card Monty trick to consider a modern day “Mr. Kron”. His name is Pat Flynn. I consider him a friend, but he’s really just a blogging associate whom I have never met. But I’ve followed a lot of his career, and you could learn a lot about online income, and even how to live through unemployment through Pat.
He’s a young man, still in his 20’s. He took the standard, “do it the way all the experts tell us” path to success in his life. Went to a decent college, got a degree in architecture, went to work for an architectural firm, got married bought a house, started a family and then came 2008 … Bang! Mr. Flynn, we won’t be needing your services any longer …nothing personal, it’s just the economy”. (anyone out there heard a similar speech?
Well Pat could have fallen into the line of all the other “waiting for the government to bail them out” unemployment seekers and started trudging from door to door, dropping off résumés … again, what the “experts” tell us to do .. because that’s how things worked in the USA back in the last century.
But Pat decided that the role of government in the USA isn’t to “fix things” for everyone with a problem, and to emulate what Americans used to do … he stood on his own two feet and built a business. Pat is now lay-off proof and pretty much recession proof. And how did the do this? Through the “magic” of “earning money from the Internet”, that mysterious “thing” that those of us “in the know” can do and the rest of you “ordinary folk” couldn’t possibly do?
Bull. Lose this idea that “making money online” is some sort of computerized “black art” that only select and special folks have access to. Pat started earning by something that any college student would be familiar with … something not all that different than Mr. Kron’s hydraulic jack repair manual.
In Pat’s architecture studies there was an optional exam and certification that students could opt to study for and earn. It’s called Leadership in Energy & Environmental Design (LEED) . Like any smart student, Pat took good notes and actually made his own study guide for the exam. Because taking notes in a “dead tree’ format, like a paper notebook, is as boring to Pat as it is to me, he put together all his notes and study questions on a simple website … at first for his own use.
Well, how many times have I mentioned that knowledge is marketable.
Find something people want to buy and sell it to them.
Pat now operates http://www.greenexamacademy.com/ where, in addition to providing tons of free information, he sells his own eBooks, other people’s book (affiliate sales, that is for a commission, of course) and other aids to earning the varies types of LEED certification.
Can you make a living out of something that esoteric and high tech in today’s bad economy? Well, here’s the latest figures Pat reports for just one month:
GreenExamAcademy.com Product Sales:
- Total: $3,118.35 (includes affiliate products)
That’s about $37,000 USD per year, mostly all profit. Some of you out there would trade that for the income you are making today … and I can assure you, you can live quite nicely in the Philippines on that amount, no question about it.
Pat now does many other online earning activities … I have recommended before that folks read and actually study his http://www.smartpassiveincome.com main site … but just one “winner” like the Green Academy line of business is all many folks need.
Pat is extremely open about what he does to make money, what works, what has not worked and counting his excellent podcasts and free eBooks, he gives away more useful, honest information than many people sell.
Online Business Philippines — Conclusions
Points to wind up this story with with:
- Online income is basically no different than offline income. Find something people want to buy and sell it to them
- A whole college-level style amount of information is already out there … but you do have to study .. Pat’s knowledge and anyone’ else’s didn’t come by magic.
- The cost of entry, compared to conventional “dirt-based” business is o low it hardly makes sense not to try. If you follow my next suggestion your risk is virtually zero.
- D NOT buy anything to get started. In fact, I highly recommend you do not buy anything from anyone until you learn what you really want to do online.
So who else wants to share their thoughts abut Online Business Philippines?