When Should You Quit Your Day Job To Become A Full-Time Blogger?

by in Lifestyle on Sep 2nd, 2014

I was doing some financial housekeeping the other day and I realized my online company’s operating profit YTD finally outstripped my day job income from the very last full year. I was excited not so much by the amount, but because I had finally proved to myself that I could finally make something sustainable on my own. Creating something from nothing is a thrill.

Financial Samurai and the Yakezie Network started in the summer and winter of 2009. We’ve all heard that most businesses fail within 5 years, so getting over the 5 year hump is definitely something I’m pleased about. It’s been a fun and long road since then – lots of failures, lots of conflict, lots of stolen ideas, and lots of doubt. I’m not sure I’d be as appreciative of my situation now if it wasn’t for a lot of problems in the past.

It wasn’t until 2012 that I decided to focus more attention on making online revenue since that is when I left my job. Before then, I was just writing for the fun of it. I still write mostly for the joy of writing, but there’s a little more business strategy involved now. Writing for leisure and connecting with other people online is probably what saved me from quitting. I think most of us blog because it’s a rewarding experience unlike any other. Read More

Should I Still Accept Guest Posts? Absolutely Positively!

Guest Posting Diversifies Your Audience And Keeps Things Interesting

by in Lifestyle on Aug 25th, 2014

In early 2014, there was a lot of buzz that Guest Posting was dead thanks to Matt Cutts from Google saying that a lot of guest posting is just spam.

I seldom host guest posts on FS because most of the inquiries are thinly veiled advertorials or indeed spam. My average guest post hosting frequency is probably one every 1.5 months over the past five years. But for the SEO industry to go in a tizzy and say that guest posting is detrimental to your site is just ludicrous. I swear to goodness, if I wasn’t a blogger, I’d be an “SEO expert” because they have successfully been able to make a ton by making clients do things, and then undo things, and then do new things, and then undo the new things!

Remember, if an SEO is such an expert, why doesn’t s/he have her/his own site to make tons of passive income? Passive income is clearly superior than active income. I play poker with a couple Google middle managers in the search department and they consistently tell me about crazy stories some webmasters do online to try and game the system. Beyond basic SEO, there’s nothing much more you need to do! Read More

Finding The Best Money Making Affiliate Program For Your Blog

Go Direct To The Advertiser Source If You Can

by in Lifestyle on Aug 12th, 2014

Someone asked me the other day what were the three things that gave me the confidence to leave my job in 2012. My initial response was being able to negotiate a severance package worth six years of existing living expenses. The severance was seriously the unexpected X Factor that I did not foresee happening when I was planning on one day leaving Corporate America. All I planned for was saving as much money as possible and building passive income streams.

But as I got to thinking a little more about my financial situation back in 2011/2012, I realized that it was really the POTENTIAL of generating a decent income stream online that got me really excited about pursuing online entrepreneurship full-time.

Back in the Fall of 2011, there were still a lot of direct advertising opportunities despite Google getting increasingly harsher in punishing those sites who sold one too many links. I didn’t want to live in fear of Financial Samurai getting punished, so I decided that I would no longer accept any direct advertisements, or do only a very few that would at least be relevant to some of the content on my site.

I decided to finally focus on affiliate advertising, which is way more congruent and a much safer way to earn income online. Before then, I was just too lazy to try, and I also didn’t really care about making money online as much since I had a job. Read More

Does PageRank Still Matter? It Sure Seems Like It Doesn’t

by in Lifestyle on Jul 29th, 2014

The other day I was having a conversation with a tennis buddy of mine whose wife has a fitness blog. Her site receives about 30,000 pageviews a months. Not too shabby at all.

I mentioned I do some blogging too, and he asked me the address for my blog and I told him Financial Samurai. Given we were at our tennis club working on our laptops before playing a match that afternoon, he immediately looked my site up.

Here’s the first thing he said, “Nice site. I really need to work on personal finance. Oh…….. you’ve really got to work your PageRank up to a 5. That’s when good things happen and Google will really like you then.”

I was pretty surprised he mentioned PageRank given I haven’t read any articles from the SEO circus on PageRank in at least a year and a half. Maybe I’m not looking hard enough? I know we have the occasional PageRank discussion in the Yakezie forums from newer bloggers, but we definitely haven’t published any PageRank-related posts on Yakezie.com.

There once was a time when PageRank and MozRank were all the rage. Here’s a June 29, 2011 post I wrote here called, “Google Updates PageRank And The Yakezie Rises” as reference. Ahhh, the good old days! But now, unless I’m totally out of it, I don’t hear much about PageRank at all.

PAGERANK’S IMPORTANCE

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How To Make Good Money Freelance Writing

Advice on being a great freelance writer from someone who hires freelance writers

by in Lifestyle on Jul 21st, 2014

Since January 2014 I’ve been in charge of building out a corporate blog as part of my part-time consulting duties. It’s been a good challenge that has effectively lowered marketing costs for the company, improved the company’s authority, and allowed the company to tell their story the way they want. So far so good.

Instead of hiring tons of writers, I wanted to hire only a handful of writers who I felt could each bring a different perspective on various topics. I also wanted each writer to be able to write with authority due to the experience he or she has. There would be no such thing as someone writing a post based off pontification under my leadership.

With a healthy budget, I got to work finding quality over quantity, which I think all of us at the Yakezie Network believe in.

Let me share with you what I think makes a fantastic freelance writer for those of you interested in freelance writing part-time or as a career. My perspective comes from not only being a managing editor of a corporate blog, but also as a blogger who has survived through all the Google land mines over the past five years and makes a viable income stream online.

TIPS FOR BEING A GREAT FREELANCE WRITER

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How To Make Money Quitting Your Job
  • Myles Money: I’m just starting out, but I’ve already learned a lot from following existing Yakezie...
  • Mark Ferguson: I have over 150,000 page views a month now, but I am not making 10 cents or even 5 cents a page view,...
  • Pauline: I would quit my job if I had enough side income to live on a strict budget. No big trips, no additional...
  • Jen @ Save to Splurge: Everyone wonders this question so thank you for posting such helpful guidelines! I love that...
  • dojo: I had very few guest posters on my blog, just because, as you mentioned, most are spam posts. I mean, if you...
  • maria@moneyprinciple: I love guest posts: I love writing them and I love accepting them on The Money Principle. What...
  • Ali: Whatever works for the users, works for search engines. and the urls does help a bit with user experience so i...
  • g: Congratulations. I had just started and hope to be inspired more and more by members of this website.
  • g: What an inspiring success story! Congratulations….
  • HappySimpleLiving: Good, thought-provoking article. I admit, I’ve been close-minded about guest posts lately...

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