Home Based Business Opportunities. Discover How Financial Literacy Can Help You In Your Home Business
By Mohamed Abdul Rauf Bin Mohamed Yusope
If there is a great learning game or tool that I would introduce to people to learn about financial education, it would definitely be Cashflow 101. Rich Dad's Cashflow 101 is a financial education board game that teaches you financial literacy. I really had so much fun learning playing the game with others that I felt that it has been one of my best investments in purchasing the board game.
The game teaches you similar lessons in ones personal financial real life experience such as accumulating wealth such as investing in real estate, business, stocks, gold, mutual funds, handling debts and managing your expenses. The wonderful objective of the game is to simply accumulate passive income(income generated from your investments in areas such as real estate and business)such that it will be more than your total expenses. Once you have reach this stage in the game, it will enable you to get out of the rat race in the game and you can be considered as financially free in the game.
When I first played the game, it took me more that two hours if I remembered vividly to understand the game. As I understand more about the game, it creates great excitement when I played the game. I realized that my financial education knowledge increases as I played the game more. I began understand the significance terms in our personal finances such as assets, liabilities, doing small and big deals, ROI and so much more great education in the game. In developing a home business, the game enabled individuals like me to understand the importance of starting small but dream big to reach your goals.
The factor that I like most about Cashflow 101is I am able to play and learn together about financial education through this game. Just like any game, you will strategize differently to get out of the rat race as soon as possible to financially free in the game. Similarly, in running a home business, the game enables one to think and strategize the plan to develop the business further.
Aside from handling my personal financing in the game, I learn another fantastic learning lesson from the game. It is the art of handling and coping with your emotional intelligence in the game. When you play with 5 or more players, you are able to learn from each other emotions in the game. It seemed surreal to me at time. I learn that in business and personal finance, one has to handle his emotions well when dealing with investments.
In the game, I realized that the responsibility in the decision making in my investments lies in me. I am responsible for where I will be in the game. It made me realized that handling emotions well is certainly important in running not only a home business but other factors in life too. The beautiful part of such great financial board game, it enabled one to make mistakes in the game and learn to be more effective in dealing with real life situations thereafter.
Free Internet Home Business Tips Newsletter that can be shared and delivered to your inbox.
Simply Download it for free here: Free Internet Home Business Tips
Mohamed Abdul Rauf is an Internet Marketer in Home Business and Personal Development.
Home Business
Make Money Blogging With or Without Adsense? Some Options...
By Leon Edward
When deciding whether to incorporate Adsense into your blog there are several factors to consider. Many feel that it diminishes their brand, whilst others see it as a useful tool for visitors which creates revenues and makes their content profitable.
The choice can largely come down to the commercial goals and the purpose of your blog. Many businesses who sell products decide to place Adsense adverts within their blog. This would appear to be a strange choice, opening up opportunities for rivals to promote their service or product to your potential customer base.
Many publishers claim that they are only doing this to allow companies who provide ancillary services to advertise. These claims have some merit, as those who for example sell pillows could provide those who sell bedding with an opportunity to advertise.
Although this would make sense, there are still those online retailers who allow rivals to penetrate their audience. Many claim that there are still benefits in allowing your direct competitors to advertise within your blog. One of these is that ultimately if visitors wish to see your competitors they would be able to see them through a Google search regardless. This may be true however the thought of an established brand like coco-cola having a Pepsi advert in their blog is not even a possibility.
Another factor which is considered in this situation is that publishers do not feel that Adsense is effective in making conversions. They feel that visitors who would click on adverts are not highly qualified customers, as they would quickly navigate to the materials or products that interest them if they were.
Despite Adsense being a questionable choice for online retailers, it is surely a good supplementary service for other varieties of online publishers. For example, a blog which provides a free service like dictionary.com gets high levels of traffic, and is able to make their service profitable through adsense. This has been the case for Bloggers who originally provided content free of charge, being unable to reach the scale that is necessary to contract with advertisers directly.
This could also apply to other previously free services, including wider forms of information broadcast, and news for example. In 2006 a man who later published a selection of Videos claims to make $19,000 a month through adsense, claiming that he was also contacted through Google to help him increase the CTR (Click Through Rate) that he achieved. The thought of success like this has been a major factor in stimulating online publishers to opt for Adsense.
Many publishers also claim that adsense makes their blog look more professional. Those who are able to contract with advertisers are generally seen to provide a service with large appeal, and therefore those unfamiliar with the program may feel that the Adsense advertiser is in this position.
Adsense however, is also aligned with those publishers who use the service purely to provide links to adverts. Everyone has done a Google search, clicked on an Adwords advert and came into a blog which reads top ten resources. This is a major problem, as is generally something that surfers find frustrating. If people see that it says adverts by Google, and they then see adverts by Google on another site, they may align that site with consumer unfriendly practices. This is therefore an issue which Google has to address, to maintain Adsense as a reputable service.
Regardless of the disadvantages and the blogs for which the service may be inappropriate it is still a useful tool for blog visitors. Those who visit a blog, and click on a link provide revenues for the publisher, whilst those who provide free services are able to generate revenue.
The only fear that Google has, is that rival PPC programs offer better deals to publishers and they decide to go elsewhere, therefore taking advertisers with them. However, ultimately it is best for advertisers and publishers if they largely remain in same PPC circuit.
Make money blogging with these alternatives
Here are more great sources to help you make money from your blog.
Bidvertiser (http://www.bidvertiser.com/)
Like AdSense, Bidvertiser displays text ads in your page. But the difference lies in the fact that advertisers bid over your advertising space, ensuring you earn as much revenue as you possibly can. This also means that bids will increase over time, earning you even more cash. You also get a great way to customize your ads with a very easy to use tool and detailed reports on your site's status.
Quigo AdSonar (http://www.quigo.com/adsonarpublishers.htm)
Quigo AdSonar achieves relevancy by placing a filter according to your site's categories. It also offers you on-line reports of your site's status and the possibility to add your own custom ads replacing ads that don't gain you any revenue. The setup is very simple, in a similar fashion to AdSense's and quite customizable as well.
Vibrant Media IntelliTXT (http://www.intellitxt.com/site/web_01a.html)
Vibrant Media IntelliTXT offers user-activated ads, highlighting certain words within the content of the page and presenting relevant ads when a user hovers his mouse over them. It uses a pay-for-performance pricing scheme and can easily be used along with other advertising methods, because it is unobtrusive. It places you in full control, allowing you to easily integrate it within your site with some simple JavaScript.
Nixie (http://www.nixxie.com/display.php?section=Partners)
Nixie claims to hold a technology that can read and understand your site, enabling it to display the most relevant content to your site. Besides text ads, Nixie also features price comparison listings as well as live auction advertising. It's very easy to implement and has a good payment policy as well.
MIVA AdRevenue Xpress (http://www.miva.com/us/content/partners/arx.asp)
MIVA AdRevenue Xpress is targeted towards small and mid-sized publishers. It implements Search Box functionality and also features things like a Category Directory as well as the handling of 404 error pages. It can be integrated with your page using a simple on-line wizard.
Fastclick (http://www.fastclick.com/publish.html)
Fastclick offers you an impressive 65 percent of what it makes from a click on your website. Payments are done monthly, via PayPal or through checks. The ads can be formatted as you wish, and Fastclick even offers a free support serice for its members and no fees are required to register with the service.
contextWeb ContextAd (http://www.contextweb.com/Corporate/publisher/publisher.shtml)
ContextAd offers the possibility of contextual ads for dynamic pages, meaning ads will change as soon as your page does. It's very easy to use and free to sing up for and offers a transparent payment policy. The ads are fully customizable and real-time reports are available 24/7.
AdBrite (http://www.adbrite.com/)
AdBrite offers publishers the possibility of integrating text ads in their pages. These are done on your own rates, with the websites you approve by hand so it bares some similarities with a classic advertising scheme. You also have the option of adding a "Your Add Here" button that buyers can immediately click to ad space on your page. It can also be used in conjunction with Google AdSense, maximizing your CTR and offering advertisers the possibility of showing their links in your Google AdSense space. You have full control over the look and feel of your adds and finally, you get an incredible 75% of what the advertiser pays for on every click.
So, as you can see there are many offers for this kind of advertising, and many hybrids based on AdSense like advertising. Also, a lot of services can work together with AdSense to earn you an even greater amount of revenue for your blogs ad space.
Leon Edward presents a new way of blogging for you to learn that totally changes the way that you can make money blogging. This is a Hybrid form of blogging you've likely not seen before.
Visit Leons website for
More online home business ideas,articles, free newsletter at his website Home Business IT
Share Your Opinion. (0 posts)