DATE: 26 Oct 2008, 1:09 pm / MOOD: Other

by M.C. Nygard 
Former Bay Platinum PowerSeller (currently eBay Gold PowerSeller on Hiatus)

RESIDUAL AND PASSIVE INCOME STREAMS
(what are they and how can you get them)

My father always said "make your money work for you." He was right, but the trouble was, he never figured out how to do it. But he did DO one thing right. He had a good paying job working at company for 25 years and they gave him a pension. He retired at 50 and has been living comfortably off of the benefit ever since.

The pension he receives is a form of residual income, also called "passive income" or "recurring income. It's money that continues to be generated after the initial effort (25 years of work) has been expended. Today, people shift employers and careers, and pensions are of the past. Instead, we depend on 401Ks, IRAs, and social security to sustain our security retirement years in the United States. We all know what that has done over the past several weeks.

Today, more than ever, it's important to think of residual income for your future well being. Many of us here on Lazzeo use wealth creation ideas as a mechanism for escape. There are residual income opportunities everywhere, but we don't always take action the way we should.

Let's discuss:

* Become a landlord. Buy property, find tenants, then sit back and watch as someone else pay your mortgage. Of course you must first ensure that the mortgage, insurance, taxes, and maintenance costs are lower than the rent you are collecting. It's no easy feat, especially if you're in California.

* Take action in affiliate marketing. Clickbank is a popular marketplace for affiliate marketers and it's packed with residual income opportunities. There you sign up, pick a product, target at your audience, write an ad and insert your affiliate link and start collecting the income. There are many here at Lazzeo taking advantage of this resource with varying degrees of success, each has failed at programs.

* Develop a content rich Web site. You can gain income quickly from Google if you create a content rich site that draws massive amounts of traffic. The funds can come if you cleverly sprinkle the site with Google pay-per click ads. The trick is developing an audience that matches relevant ads available in Google. The market is already saturated with the winners and finding golden nuggets is more difficult now than it was a few years back.

* Start a career in sales. Residual income abounds with sales that pay you little or no base salary, in exchange for a commission on the sale. Insurance brokers are paid commission after a policy has been in place for a certain length of time. Many sales positions, like insurance, require getting a license. Easy enough, but a bother for the quick career switch. Moreover, a sales career requires a talent that not everyone possesses.

* Buy a franchise. A franchise is som.eone elses business model that you purchase. It gives you the rights to their branding, resources, and model for success. But this requires capital, and still requires that you have the business acumen to follow the course of action and wait years to realize a return on your invesment.

* Write a book. It used to be lucrative to write an eBook and sell it on eBay. But eBay made it it difficult March 31, 2008 when they began banning digital products. Then eBay started changing their search algorithms so that if you had the book in hardcopy or on a DVD you would find it virtually impossible to sell your book anyway. Today, your best bet is to write your own eBook and sell it on your own Web site, on Amazon, or through the affiliate marketplace, such as ClickBank, Affiliate Junktion, or Share-a-sale.

* Buy stocks and collect dividends. Now is actually the time to buy stocks, not to sell them. The idea is to buy for the long haul and see how your investments grow with time.

Okay, you get the idea. You can also, write a song, become an actor, write a software program, paint a picture, create a game, or otherwise invent something. But things are only a reallity for you if you TAKE ACTION. If you want an easier way to take action and get started in a truly profitable club, then take few minutes of your time now to set up.

The good news is that it's free. When you set it up, and start promoting it through blogs, social networks, business cards, and word of mouth, you will grow your base of referrals and virtually guarantee an income for life. They will want to join because it's free and it can save them money, and they can earn money from others with you.

This something is called CASH BACK AT EBAY (www.cashbackatebay.com). Think of it as a secret portal to shopping eBay that delivers cash back on every purchase from any seller on eBay. And it's not just eBay. So think of it as an online shopping mall that has no requirements to buy anything at all. It's free. You can get cash back at some 393 online stores and make money when you and others you refer shop these stores. It works to five generations, which means that you can make money when people you don't know shop.

Visit my profile to link to learn how you can get CASH BACK AT EBAY and be sure to visit my blogs for RESIDUAL INCOME IDEAS that work beyond eBay.

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(c) 2007-2008 by M.C. Nygard. All rights reserved.

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DATE: 06 Sep 2008, 7:26 am / MOOD: Other

Learn how to earn a lifetime of Residual Income Shopping Through a Secret Portal

by M.C. Nygard
eBay Platinum PowerSeller
(always available to answer your eBay questions)

Did you know that you can get paid to your PayPal account just by starting your eBay shopping through a special portal? Tell a friend and you'll earn more.

It's true. This secret portal is your ticket to residual income. You can get a lifetime of income because when you refer others you will get paid when they shop, forever.

Think of it as social shopping that pays. You get monthly PayPal deposits just by shopping on eBay and hundreds of other online stores, and you'll make even more money referring friends because you get paid every time they shop, and when friends they refer shop to five generations.

eBay store owners profit from more exposure because it's free to advertise your eBay store. With more referrals to your eBay store from members you'll make more money in sales, too.

Visit my profile and ask me how to start getting monthly PayPal deposits through CASH BACK AT EBAY.

www.cashbackatebay.com

 

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DATE: 02 Sep 2008, 12:22 pm / MOOD: Other

Thinking of starting an eBay business?
Here's why you should avoid drop shipping

By M.C. Nygard
eBay Platinum PowerSeller

People usually want the easy way out when starting an eBay business, so they look to drop shipping. They don't want stock inventory -- because of the expense and hassle in case that it doesn't sell. And they don't want to ship the product. That's the lure of drop shipping. But is it right for you?

This Platinum PowerSeller says... avoid drop shipping because:

Even the best suppliers sometimes run out of stock. There's a great danger when you sell something on eBay nowadays and can't deliver -- it's called feedback. You will get a negative feedback score because someone else promised you inventory that isn't there and you can't deliver to your client.

Returns are inevitable, and quite a nightmare with a drop shipping business. If you choose to drop ship, make sure you understand how the supplier handles returns. Check their return policy, and make sure you highlight these details in your auction listings. If you're unclear about the return policy in the listing or you leave yourself open to problems. Low buyer satisfaction will reduce your standings in the Detailed Seller Ratings which are directly tied to eBay's Best Match system. In short, your items will get reduced to the bottom of the search when buyers rate you negatively. And many buyers rate drop shippers poorly.

You won't make much profit on drop shipping items. The margins are, well, marginal. A drop shipper is the middle man and will probably take a bigger cut of the pie than you.

If you choose to drop ship, be sure to go with a supplier that lists the inventory on hand. Knowing the stock levels will help you control the backorder problem. But again, it is inevitable in the eBay climate that even if you are able to deliver on a backorder, your eBay client will give you a negative. You will have to grin and bear it.

So how do you stock your eBay store?

The only way to make money on eBay is to buy in bulk (wholesale). When you buy wholesale, you are in charge of your inventory and you will make the most return on investment. But to buy wholesale you will need a seller's permit and some wisdom. Do your research before you stock up on a product that no one wants. Start with eBay's WANT IT NOW section. You may be able to discover trends. The true key is to buy niche items yourself retail and then sell them 25-30% above wholesale. That's because eBay buyers want a deal and they're looking to you for the savings.

Want more tips? Visit www.cashbackatebay.com Along with gaining a residual income, you will save money on all your eBay purchases.

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DATE: 19 May 2008, 8:20 pm / MOOD: Disapointed

Instead of partnering with sellers, eBay is pulverizing them.

eBay's controversial new feedback system rolled out May 19, 2008 leaving thousands of sellers with drastically altered feedback ratings -- some sellers lost their PowerSeller status at the stroke of midnight.

New rules for lean timesWhat happened is that eBay changed the rules of the game retroactivally making neutral feedback received over the past 12 months count as a negative. Previously a neutral rating did not count against the score at all. This calcuated move reduced feedback for thousands of eBay's top sellers effectively leaving them with a score under 98%, which disqualifies them for PowerSeller discounts. A select few improved their scores. The overall net result is that eBay will dish out fewer PowerSeller discounts.

"No negative feedback" policyeBay seller doomsday was also marked by a new policy to encourage even lower seller ratings, thereby effectively reducing further the PowerSeller discounts supposedly awarded by eBay. Buyers may now only receive positive feedback.

Sellers and buyers today received the following notification when leaving feedback:

"Buyers, you can no longer receive negative or neutral Feedback from sellers. You should leave honest and accurate Feedback without the fear of receiving negative or neutral ratings."

Perfect timing!Higher postal rates... tactically eBay could have made all the changes in February 2008 along with the other so called "enhancements," but eBay likely timed their plans with the USPS who raised postal rates May 12, 2008. Higher postage rates are nudging buyers to further lower Detailed Seller Ratings on shipping and handling. This effectively reduces PowerSeller discounts as sellers must maintain an impossible 4.8/5.0. (No one likes to pay for shipping.)

Bad economy... The timing is also aligned with the delivery of economic stimulus checks roll out. Sales on eBay will surely go up because people have a check in hand, not because buyers are no free to leave feedback. But eBay will surely credit themselves, and its sellers will continue to play the role of "whipping boy."

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M.C. Nygard is a Platinum PowerSeller who had a perfect 100% feedback score that tarnished overnight by being reduced to 99.8%. She still qualifies for 15% PowerSeller discounts.

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DATE: 30 Apr 2008, 2:14 pm / MOOD: Other

So you're on your way to becoming an eBay PowerSeller, and you're ready to quit your 9-5 job. Hold on! Before you tell your boss where to shove it, get a reality check.

Here are the ten truths about your eBay business you may not want to know about:

1. Most buyers come to eBay already knowing what they need or want -- they head straight for the search bar. This makes the keywords in your title incredibly important, because it's the keywords in the title that generates results for the search bar. But even if you have the best possible title, the truth is you might have junk no one wants. Your job is to supply the needs and wants of eBayers; and not your own needs and wants to unload stuff. Find what people want using eBays WANT IT NOW section. And be sure to use eBay's advanced search of COMPLETED ITEMS to evaluate the potential of your products in comparison to a previous seller's success on similar items.

2. Your home will become a warehouse of inventory (and someday you will move your operations or inventory elsewhere if you are destined to be a top tier PowerSeller). Sure there are drop-ship opportunities, but the real deal is to cut the middle-man profits and get direct wholesale sources that you can resell for 25-100% profits or to create products of your own that fill a demand. So start thinking in terms of getting a seller's permit so you can buy wholesale, and then plan your future storage needs now, before it's too late.

 3. eBay and PayPal will rape you of profits, but they are the necessary evils to generate traffic for your stores and to get paid efficiently. Knowing that 95% of eBayers use PayPal should be incentive enough to continue using it. Likewise, you simply can't turn away knowing that eBay ranks in the top 25 most frequently visited Web sites according to Alexa rankings with it's 40-60 billion page listings. Even so, these internet giants aren't invincible, so keep your eyes peeled for alternatives: http://www.mermaidmonkey.com/eBayalternatives.html

4. Funding your eBay store will be a problem if you don't have a plan to replenish inventory. Simply, you must reinvest profits in more inventory (and not live off the profits) to keep your business thriving. It sounds simple enough, but often eBayers depend on the profits to feed their families. Your strategy must include a plan to effectively maintain and grow your inventory.

5. You must take massive action to make your eBay business successful. It's a simple thought, borrowed from Tony Robbins, that you must take massive action to succeed. The good news is that success leaves clues. Follow the clues you get from studying PowerSellers (modeling them), then take action to repeat processes to reap the rewards. You simply can't fail. Believe that you can get the same results and you will succeed.

6. You will need to leverage help of family, friends or employees. The day will come when you spend all your time answering e-mails, ordering new inventory, printing labels, packing, leaving feedback, and dealing with challenging situations that you won't have time for yourself or to grow your business further. The best place to start is to hire family and friends for more trusted tasks. You can also use a temporary placing service to help. Hiring from a temporary agency means you won't have any long term commitments or employment tax issues to deal with. The bottomline is that you won't be truly free until you are not doing the work yourself. Hire yourself to freedom.

7. Someday your employees will steal. According to the U.S. Chamber of Commerce, 20% of all business fail because of internal theft and fraud. Awareness of these statistics should be enough incentive to manage inventories and put mechanisms in place to keep theft at bay.

8. Someday you will get negative or neutral feedback. You will run into an unforgiving soul on eBay at one point or another. It doesn't matter if you goof of if they just think you goofed, someday you will get a bad apple that won't budge. Don't let emotions get the best of you because it's the emotions that can wipe your chances of getting a negative or neutral feedback erased. The harsh reality is that starting May 19, 2008 sellers will no longer be able to leave buyers negative or neutral feedback. To protect yourself, you can include seller's terms. For more on surviving eBay's feedback changes, visit http://www.mermaidmonkey.com/eBayFEEDBACK.html

9. Figuring your taxes will be a year-end nightmare unless you plan for it. Keep all receipts organized and be sure to use Excel or QuickBooks to electronically capture the data for easy retrieval at tax time. Lastly, try Diane Kennedey's Tax Loopholes, which is your ultimate source for paying less taxes, legally. http://www.taxloopholes.com/

10. You will need to earn passive or residual income beyond eBay to free yourself financially. Of course you already know the power of earning passive income right here on Lazzeo -- the best social networking site for entrepreneurs. Earning affiliate commissions is one way to earn residual income. Another example is to earn royalties from published work, such as a hardcopy book, or automated sales of digital products, like eBooks. While eBay instituted a digital download policy March 31, 2008 to disallow sales of eBooks, templates, backlinks, and other digital products, you can still place a classified advertisement on eBay. Or you can abandon eBay altogether and sell your digital wares on Amazon or other eBay alternative.

To learn more ways on how to make money on eBay and beyond, visit http://www.mermaidmonkey.com/

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DATE: 30 Apr 2008, 10:08 am / MOOD: Excited

When Lazzeo Earns, We all Earn

Many of us are here on Lazzeo to exchange money-making opportunities. While Lazzeo is a great place to partner with members to promote your own income generating programs and learn about others, we must remember that active membership on Lazzeo in and of itself generates income.

When Lazzeo earns, its members earn. With this in mind, here are some ideas to help Lazzeo thrive:

1. Create traffic for Lazzeo.com! It's important to remember that Lazzeo earns advertising revenues by the amount of traffic we create as members. We can help generate traffic at Lazzeo by clicking away. One of my favorite ways to generate traffic is to connect with Lazzeo's TOP USERS (it's the bar at the top to the right). Another favorite fun and free thing to do is to create a poll or participate in one. You'll find the polls in the right hand column. Of course, reading and commenting on blogs is a must.

2. Click the ads on Lazzeo.com! Since Lazzeo earns most of its revenues from services such as Google or Yahoo, which are paid per-click, the best way to help Lazzeo generate income is to click the sponsor ads. Mostly I click the ads that I have a sincere interest for, but occassionally I click a Lazzeo ad just for the heck of it and sometimes I find something interesting and useful. So click the ads on the right hand column.

3. Evangelize Lazzeo.com! Sure you can tell your family and friends about Lazzeo, but if you really want to make an impact then blog and comment on other people's blogs throughout the Internet to spread the word about this fantastic social networking opportunity. Another way to evangelize is to swap downlines with a friend you've met online. To organize a swap, tell your cyber friend that you'll join his or her program if they join you at Lazzeo. Be sure to give them your referral URL and note:

Your profile URL looks like this:
http://lazzeo.com/MERMAIDMONKEY/

Your referral URL looks like this:
http://lazzeo.com/signup?friend=MERMAIDMONKEY

4. Blog right here on Lazzeo.com! Creating content builds traffic for Lazzeo and increases your own page views. Even a short article like the one you're reading now benefits the Lazzeo community, but keep in mind that your blog shouldn't be too short. A good rule of thumb for search engines to take note of your blog is around 400 words.

5. Become VIP or GOLD MEMBER on Lazzeo.com! The beauty about Lazzeo is that it's free and you can get paid just for networking with others. But if you want to catapult your income here, then you should upgrade your membership. Not only will you get a bigger piece of the pie by becoming VIP or Gold with Lazzeo, but because you've funded the membership you'll likely be more committed to helping Lazzeo grow.

Think of Lazzeo as your ultimate platform for generating residual income. Your time here creating traffic, clicking ads, blogging, evangelizing and networking as a VIP will help you in your quest for multiple streams of income as it benefits us all!

 

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DATE: 11 Feb 2008, 2:46 pm / MOOD: Excited

What if Lazzeo was a search engine?
What if Google Shared its revenues?

Move over Google! Move over Yahoo! You're not going to make money from me everytime I search the Internet. There's a new player coming to town!

If you want in on the ground floor of a truly amazing opportunity that won't cost you a penny, then you simply must accept our free invitation to the newest tier-one search engine that's fast, relevant and shares its revenues the way Lazzeo does.

How big is this BETA opportunity? We're talking Amazon big! We're talking Cisco IPO big! We're talking Google big! And it's TOTALLY FREE! All you need to do is register and start inviting your online and real-world friends to join, like we've done. The company will reveal your results at launch sometime in the first quarter of 2008 (and you will be a founding member).

We all know the power of viral marketing and getting in on something good, like Lazzeo, in the early stages. Social networking sites like Lazzeo and Yuwie are already making a huge impact on MySpace and Facebook. And it feels good. Doesn't it? Well, imagine how powerful you'll feel giving Google and Yahoo a run for the money. 

You can make the difference, like you do here on Lazzeo. Take advantage of this opportunity now. Read our Web site. Ask questions. Register. Make money!

Visit my Web page to learn more, now:
http://www.mermaidmonkey.com/LAZZEO.html

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DATE: 29 Jan 2008, 12:50 pm / MOOD: Happy

Hello! I'm a platinum Powerseller who wants to share with you my "secret sauce" recipes for buying success on eBay. I have two!

The first is to try a tool that helps you win sales when others mis-spell on eBay. You'll find it on my Web site: http://www.mermaidmonkey.com/FREESECRET.html

The second is a social networking site that pays you when you shop eBay. Please consider joining up with me as a CrumbEarner there: http://www.bigcrumbs.com/crumbs/frontpage.jsp?r=MERMAIDMONKEYS

Here's why you should be a CrumbEarner (because it gives the biggest payback of any of the other sites out there):

As a CRUMBEARNER where you get 20% of the sellers fees back:
>> So on a $79.99 purchase (sellers fee is $6.87) you get $1.37 cash back
Even better: Whenever anyone referred by one of your referrals shops, you also get paid (and so on). You can actually get paid on referrals up to 5 generations away!

As a CRUMBSAVER you get 36% of the sellers fees back:
>> So on a $79.99 purchase (sellers fee is $6.87) you get $2.47 cash back and 4% of the sellers fees when your direct referrals shop, but not when their referrers shop.

Kickitback and MrRebates gives you just up to 1% of the final price:
>> So on a $79.99 purchase (sellers fee is $6.87) you get only .79 cents.

Best of all, it's automatic cash back at places like Target, Old Navy, Best Buy, and Gap.

So you're thinking of joining, but you want to know the potential?

Like Lazzeo and Yuwie, the potential as a CrumbEarner is big. As an example, let's say a friend that you referred makes a contact lens purchase for $200.00 one month. Further, the listed retailer referral commission is 1.2%. In this case, you would earn $2.40 (1.2% of $200). Whoever referred you would also earn $2.40, as well as the person who referred them, on up to five people.

Doesn't sound like much? Let's say you refer 10 friends who join as CrumbEarners, each of whom then refers 10 more CrumbEarners, all the way to 5 generations. In this scenario, you will have referred a total of 111,110 people. That $2.40 would be $266,664.00 for the month, if they each made similar purchases.

Please note that this is just an example to illustrate the power and potential of this concept. There is certainly no guarantee that you will make this much. But, there is room to fall well-short of this and still do "pretty O.K.", possibly even replacing your income. Besides, even an extra $50 a month for a few one-time referrals isn't too bad!

By the way, if you're not already on Yuwie, please join me there:
http://r.yuwie.com/mermaidmonkey

So you want to do the "Crumby" thing, but you're still not sure which to pick?

As a CrumbSaver, you will receive 36% of the seller's fees in cash back when you shop and 4% of the seller's fee when your direct referrals shop.

As a CrumbEarner, you will earn 20% of the seller's fees in cash back when you shop. You will also receive 4% of the seller's fee in referral commissions when your direct referrals shop. Unlike CrumbSavers, however, you will also earn 4% of the seller's fee when the CrumbEarner referrals of your referrals up to 4 additional generations away shop. This means you can earn on a total of 5 generations of shopping. This is where you make the big bucks, baby! So we suggest this route. Bring your Yuwian friends along for the ride along with your other contacts.

Join now

This is the best kept secret eBay Buying "Trick" that will put more cash in your pockets, join me as a CrumbEarner now:
http://www.bigcrumbs.com/crumbs/frontpage.jsp?r=MERMAIDMONKEYS

 

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