A Lesson In Entrepreneurship From EntreCard's Graham Langdon

Today's post is inspired by the situation going on at EntreCard, the most popular blogging widget around and it's founder, Graham Langdon.

Last week, Graham decided to list EntreCard for sale on SitePoint. Don't worry, those that have not followed the story, it's since been taken off the auction bloc and is no longer for sale.

Cash flow at EntreCard was low, liquidity needs to keep developing high and M. Langdon thought that the only way he had left to see is baby to maturity was to auction it off! You can read his post here

Well, for all the aspiring entrepreneurs reading this post...

WELCOME TO BUSINESS!!!

Whether you do business Online or Offline, that's what business is all about...

I'm sure if we'd interview The Branson's(Virgin), Gates(Microsoft), Jobs(Apple), Trump(Trump), Oprah(Harpo) and the whole Forbes 400 list, we'd get stories relating to what this 22 year old Online business man is living.

What makes the difference between the Forbes 400 list and the tens of thousands that don't succeed in business is the way they respond, the way they react to these situations. I'm sure Phil Knight(Nike) almost gave up numerous times before is running shoes where worn by Michael Jordan... even after they made it to the feet of the greatest basketball player of all times he was faced with decisions that could've taken the whole ship down... but he kept going...

My point is this, if Graham Langdon accepted an offer for is beloved www.EntreCard.com the website we have learned to love, and sometimes hate, would never be the same. I'm not saying it couldn't of been better, or worse, I'm saying it couldn't of been EntreCard, the widget, the community, the vision this young man once had of HIS online business!

I'm really happy Graham decided to push forward (read the post here) and I wish him the best... and I look forward to seeing EntreCard grow... and make him loads of $$$

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An FREE Alternative To Mike Filsaime's Traffic Fusion

Well, you probably received dozens of emails promoting Mike Filsaime's new $1500 product called Traffic Fusion.

Don't worry, I'm not here to push Traffic Fusion...

But I'd like to talk about the Traffic Fusion concept which is all about placing your ads on other peoples Thank You pages. For those not familiar with Thank You pages, it's the web page a customer is directed to after purchasing a product... it's one of the best piece of web real estate!

Now, I wouldn't dare compare Mike's new product to any other service out there, but I have been using a service called ThankYouAds for some time and it's been really good.

The concept is similar, it places ads on other peoples Thank You pages. Although I'm sure the service from ThankYouAds is not as much hands off as Mike's TrafficFusion, the service is Absolutely FREE!!!

So, if you are looking for an alternative to Traffic Fusion either because of the $1500 price tag or because the licences are limited to 2000 and it will probably sell out very soon, ThankYouAds is a very nice alternative...

The service is also backed by very high profile marketers such as DR. Joe Vitale.
Have A Look At ThankYouAds Today and Sign Up For FREE

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The 3 Most Common Affiliate Mistakes

Here are 3 of the most common affiliate marketing mistakes...

Affiliate marketing is one of the most effective and powerful ways of earning some money online. This program gives everybody a chance to make a profit through the Internet. Since these affiliate marketing programs are easy to join, implement and pays a commission on a regular basis, more an more people are now willing in this business.

However, like all businesses, there are lots of pitfalls in the affiliate marketing
business. Committing some of the most common mistakes will cost the marketers a large portion taken from the profit they are making everyday. That is why it is better to avoid them than be regretful in the end.

Mistake number 1: Choosing the wrong affiliate.

Many people want to earn from affiliate marketing as fast as possible. In their rush to be part of one, they tend to choose a bandwagon product. This is the kind of products that the program thinks is “hot”. They choose the product that is in demand without actually considering if the product appeals to them. This is not a very wise move obviously.

Instead of jumping on the bandwagon, try top choose a product in which you are truly interested in. For any endeavor to succeed, you should take some time to plan and figure out your actions.

Pick a product that appeals to you. Then do some research about that product to see if they are in demand. Promoting a product you are more passionate about is easier than promoting one for the sake of the earnings only.

Mistake number 2: Joining too many affiliate programs.

Since affiliate programs are very easy to join, you might be tempted to join multiples of affiliate programs to try and maximize the earnings you will be getting. Besides you may think that there is nothing wrong and nothing to lose by being part of many affiliate programs.

True, that is a great way to have multiple sources of income. However, joining multiple programs and attempting to promote them all at the same time will prevent you from concentrating on each one of them.

The result? The maximum potential of your affiliate program is not realized and the income generated will not exactly be as huge as you were thinking initially it would. The best way to get excellent result is by joining just one program that pays a 40% commission at least.

Then give it your best effort by promoting your products enthusiastically. As soon as you see that it is already making a reasonable profit, then maybe you can now join another affiliate program.

The technique is to do it slowly but surely. There is really no need to rush into things, especially with affiliate marketing. With the way things are going, the future is looking real bright and it seems affiliate marketing will be staying for a long time too.

Mistake number 3: Not buying the product or using the service.

As an affiliate, you main purpose is to effectively and convincingly promote a product or service and to find customers. For you to achieve this purpose, you must be able to relay to the customers that certain product and service. It is therefore difficult for you to do this when you yourself have not tried these things out.

Thus, you will fail to promote and recommend them convincingly. You will also fail to create a desire in your customers to avail any of what you are offering.

Try the product or service personally first before you sign up as an affiliate to see if it is really delivering what it promises. If you have done so, then you are one of the credible and living testaments aware of its advantages and disadvantages. Your customers will then feel the sincerity and truthfulness in you and this will trigger them to try them out for themselves.

Many affiliate marketers make these mistakes and are paying dearly for their actions. To not fall into the same situation they have been in, try to do everything to avoid making the same mistakes.

Time is the key. Take the time to analyze your marketing strategy and check if you are in the right track. If done properly, you will be able to maximize your affiliate marketing program and earn higher profits.

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The Affiliate Masters Course...Revised For 2008 And Still Free

The Famous Affiliate Masters Course as just been revised for 2008.

And the best news, it's still Free...

You can get it here
(To Save To Your Computer, Right Click on the link and Save As)

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