Make Money Writing Books?

Check out this article: How to make money as a politician? Write a book

I’ve made money from my books. What I like about this article is that it tells you how much each of these people made from their books.  The money isn’t overwhelmingly impressive, but you can see how they make money, and on what topics.  I’m not suggesting you need to be a politician in order to make money as an author… you can do better than these guys have.  But this article gives you an idea of what you might be able to expect, financially.

Sometimes, you just gotta get that book out of your mind, even if it has nothing to do with money. But heck, if the money is there, why not work towards it?

Here’s something else: you might not make much money from your book(s), but the money might come from speaking, consulting, etc.

Family Benefits of Owning Your Own Business

I thought this was going to be a lame article with three superfluous things, but they are all right-on. In this article, 3 family benefits to owning your own business, the author says the three things are:

  1. Building family unity.
  2. Sharing life skills and passions.
  3. Leaving a legacy of learning.

I agree with all of these things…. check out the full article here.

In the comments, Saffron shares the other side of staring your own business.  She says that it’s not all roses and peaches… it’s freaking hard.  Yes, it is definitely hard.  The rewards can be awesome, but it’s really, really hard work.  I can attest to that.  Patience and sacrifice is a constant as you build your business.  There are so many things (decisions, trials, setbacks, etc.) that make you want to run and get a normal day job… but you have to remember, what does the day job provide you? Security?  Fair pay? Great benefits? Maybe so, but it’s not always the case….

What a crazy world we live in…

 

Following Your Passion: Summer Strings Adventure Camp

Carrie Young is the mastermind behind the Summer Strings Adventure Camp in Layton, Utah (just north of Salt Lake City).  I love how she combines her passions and allows others to benefit. This looks like a wonderful fit for someone interested in music, youth, etc.

She says she wants people to know:

  1. The summer camp is for any child with 1 year experience, up to high school, and
  2. The concert is a free concert open to families with children of all ages to the community that is interactive, full of costumes, well known music, and fun activities for the kids, and
  3. There is a year round program for anyone interested in taking classes, being in a beginning orchestra, or wanting to be in a more advanced tour group not restricted by age and very affordable!

This website tells more about the camp, and has pictures from past years: Summer Strings Adventure Camp

This website shows the program objectives for the Orchestra Adventures: Orchestra Adventures

What are YOU passionate about?  Is it something that other people want (for themselves, or their loved ones)?  Can you appropriately put a value on it, and give the customer a terrific experience?

It looks like Carrie is doing a great job with this!

Can Inventors Make Money?

I’m pretty behind on my Shark Tank, so I missed this one… but the article is good:

Making money as an inventor isn’t easy, experts say

I LOVE the ingenuity and creativeness that these inventors/entrepreneurs show!

This line doesn’t surprise me:

“Less than 3 percent of those who get patents make any money with them,”

I’m guessing most people are so mentally exhausted by the time they go through the patent process, or they are out of money after paying lawyers, that they don’t know what to do next or they can’t afford it (time/energy).  But hey, I got a patent!!

There is some great stuff in this article… check it out :)

 

Selling Tumbleweeds: Seriously??

Yes, seriously.

Many years ago, at a previous company, I hired an I.T. intern to do work for me in Idaho.  Mike was a cool guy, and I learned he and his wife would go to a local restaurant weekly to make animal balloons for tips.  I thought it was cool, and he had a bit of the entrepreneurial bug.

His entrepreneurial journey took him on an interesting path… read about it here: West Jordan man selling a comical nuisance at $40 each

I think it’s awesome.  Here’s his website: Curious Country Creations

Yeah, crazy, huh? What crazy idea do you have?  Don’t let the label “crazy” keep you from moving forward on something that could be a significant revenue stream!

mike_rigby_curious_country_creations

Can You Make Money With A Blog? Bloggers Share Income…!

Of course people can make money with a blog.  But it’s really hard to be one of the top 100 blogs, and make money.  If you don’t have the time, resources, vision or know-how to make serious money with a blog, can you make it at all?

Yep, you can.  Check out this very cool post titled Bloggers Share Income.

In the post you’ll see some examples of how much people can make with a blog.  Click through to their blogs and see what they are doing.  If you are up for making a few hundred, and maybe  few thousand, each month, study this post and the sites they link to.  If you are dismayed at the amount they earn, make sure you look at the number of hours they spend on this.  It’s not a bad earning per hour.  Also, for some people who’s alternative might be a part-time job doing something close to minimum wage (not that these bloggers are in that boat, but if I have to get a side-job at a local store or restaurant to bring in a few bucks, I use this as a measurement to gauge where to put my time), remember that $1k a month is a little more than $6 an hour if you work 40 hours a week, four weeks a month.

bloggers_make_money

Cool Business Idea: Giant Bubbles (Wonki Wands)

I’ve been intrigued by giant bubbles, probably along with the rest of humanity.  Here’s an idea I read about in my local news: Locals make giant bubbles their business.

Grandparents who thought of an idea, designed a solution, set up a website, and are ready to have another revenue stream.

Check out the Wonki Wands website.

These people probably have as many reasons why they shouldn’t do something like this as why they should do something like this.

Let this be an inspiration to you… if they can do this, why not you with your ideas?

From their kickstarter page:

wonki_wands_bubbles

The Evolution of Blogging (and, blogging as a business)

In 51 Alternatives I talk about blogging as a viable business / revenue stream.  Single Dad Laughing is a blog by a guy (Dan) who says he makes his entire living from his blog.  In a blog post from yesterday he makes a plea to help him essentially stay relevant (and continue to bring in revenue).

Before I go into his post, which talks about a significant change in the way things work, I want to bring up a different evolutionary change that hugely impacted blogging, but I don’t really hear anyone talking about it.

Evolution 1:

When I started blogging in 2006 I was anxious to get comments.  Comments validated my thoughts, and to a point, validated me as a blogger/person.  I know, that is kind of pathetic, but to many bloggers, comments were the reason they posted.

Social networking came along and I continued to blog.  However, something intriguing happened.  People would talk about my blog posts on social networks, and not leave many comments.  Some posts that would have gotten a dozen comments got none.  I had to shift my thinking lest my ego might become irreparably harmed!

As people spent more time on Facebook and Twitter, they would essentially take the “conversation” from the blog to other places.  The saddest thing about that is those parts of the conversation are forever lost.  In other words, their immediate audience, for that day or two, would see their great comment/input, but that was in.  And then, as if a gentle wind came through, their comments were lost forever.

I think we still haven’t recovered from that, and most bloggers who care are responding more in those temporary repositories just to keep the conversation flowing a bit.

Now, on to Single Dad Laughing…

Evolution 2:

This evolution is kind of scarier than the first one, but there is nothing new about it.

If you have kept up with Google, and how Google could make a change that makes websites irrelevant, and causes businesses to go out of business (because their websites aren’t found anymore), you’ll know what Dan is talking about.

The same way Google impacts who sees a website, Facebook recently made a huge change.  In Dan’s post he says:

“[Facebook] drastically changed the algorithm (yet again), and made it harder and harder for people with pages like mine to drive traffic through Facebook (which is where 90% of my traffic comes from). It is now showing my links to (maybe) 20% of the people it was before the algorithm change, and unless I pay big bucks to have my posts show up in people’s feeds, there’s not much I can do about it.”

Wow… he has, through Facebook, less than 20% of the original reach?  That is crazy. One change by Facebook and he is essentially run out of business.

Read Dan’s entire post for a fix to this (it’s not going to be easy, or quick), and also what has happened to content overall with the big sites like buzzfeed, which seemed to come out of nowhere but practically owns the market.

So, comments/conversation and community have dispersed to a bunch of different places, and one site (like Google or Facebook) can cause you to lose all of your traffic…. what does that mean for blogging now and in the future?

By the way, at the end of the 51 Alternatives book is a concept about business evolution that blew me away when I realized it.

Bad news for social marketing service providers

I saw a big shift from SEO experts to “social marketing” experts – that is, the people who help companies make money from Facebook, LinkedIn, Twitter, etc.

Check out this article from Business Insider: Facebook Slightly Tweaked How The Site Works — And It Screwed An Entire Profession.

I saw people who lost business and contracts when Google made certain changes.  Companies who had invested in an SEO strategy found all their time and money went bye-bye… it’s kind of a dangerous game, as you do something and hope Google doesn’t pull the rug out from under you.

That is what is happening at Facebook, according to that article.  I don’t fault Facebook, but there are two lessons here:

1. If the bulk of your money depends on another company (like in this case, or like in using an API for a different company), you put all of your security into the other company;

2. If there is change that means some people are moving out of your industry, I am sure there are more or other opportunities for you (either there, with a changed strategy), or in a new field.