My Online Income System Review
Any good marketer knows that one of the best ways to sell a product is to tell a story. Here is one such story: A desperate single mother racks up a $4400 credit card bill buying business opportunity programs online. None of them work, and she posts her sad story on a forum. A benevolent Internet Marketer reads her story, PMs her, and agrees to mentor her on a system that actually works. Our single mom learns and applies the method, quits her waitressing job, and now makes $500 a day.
What is My Online Income System?
It is the system that the aforementioned single mom, Kim Hoffman, uses to this day with success. My Online Income System is basically a course in - you guessed it - affiliate marketing. The meat of the course is a quick 33 page overview ebook, along with a 60-day action plan. For followers of the 60-day plan, the goal is to eventually make $30-$50 per day in residual income. This is a pretty solid number for 2 months work, and it should continue to rise if one keeps applying the system.
Is My Online Income System a Scam?
After doing a thorough review of the course contents, I can safely say this does not fall into the “scam” category. On the contrary, if someone studiously follows the 60-day action plan, I have no doubt they will start making some money.
How Much Work Does it Involve?
The good news is, none of the action items in an individual day is unreasonable. Some, such as opening up a clickbank account, are quite easy and will probably only take 5 minutes. Others, such as setting up your first website or writing your first article, could take hours.
Days 1-30: Expect to spend up to 1 hour a day, unless you already have experience in online marketing
Days 30-60: 1 hour or more, depending on how long it takes you to research and write an article
People with some experience in Internet marketing, or who have purchased other affiliate marketing products (who hasn’t?) can probably go through the first 30 days relatively quickly.
What’s the catch?
The catch is, the system revolves around writing articles and creating content. So if you are not fond of writing, then you will have to either grow fond quickly or find someone else to write the articles for you. However, finding someone to write your articles is not as difficult or expensive as you might imagine. In fact, by using the site, Need-an-Article.com, you can get an article written for about $6.00 each. I have used this service myself and the articles are all of good quality, especially considering the price.
How to Save $30 off of the regular price of $47.
Here is a trick you can use to get My Online Income System for just $17 (instead of the regular $47 price):
- Go to the sales page here
- Close the browser – This should open up a window offering a discount.
- Click “cancel” on the window – Voila, now the price has just been reduced to $17. I just saved you $30.
Tycoon Cash Flow Review
Since you found this page, you’ve probably already heard the story: An 18 year old cellphone rep goes from a $10/hour job to making hundreds of thousands of dollars in a matter of months. To be sure, it’s the kind of rags to riches story that we all love.
But the question is, does the course really work? Let’s look at the facts.
What is Tycoon Cash Flow?
It is basically a course on affiliate marketing, developed by Derek Jay and Adam Horwitz. The online course is provided mainly in video format in a member’s only section of the site. The video format is definitely a nice feature for people who don’t care to pore over hundreds of pages of text.
Is it a legitimate opportunity or a scam?
It is a legitimate opportunity. Affiliate marketing has been making money for thousands of self-employed Internet entrepreneurs for over a decade. That does not mean it is easy, however. If anything, the perceived simplicity of affiliate marketing has lured many wannabe Internet marketers into the space, causing it to become quite competitive in recent years. However, by following the tried and true tactics of affiliate marketing, it is still possible to make a lot of money if you work at it.
What does it teach?
The course covers all the basic affiliate marketing topics, including creating content, setting up Google Adwords campaigns, and search engine optimization. Tycoon Cash Flow is geared more toward beginners in the affiliate marketing world, but is also a good choice for semi-experienced affiliate marketers who have not had as much success as they want, and desire to take things to the next level.
What is the realistic income potential?
The creators claim $300 – $500 per week is a realistic starting income, which sounds reasonable. The upper limit is of course hundreds of thousands, if not millions of dollars.
How much work would you need to do to make the starting level of $300 – $500 per week? Assuming you have a couple hours to spare each day, I think this income is a viable goal. If you work at this full-time, on the other hand, you should be able to make much more.
Should I buy it?
Hopefully our Tycoon Cash Flow review has helped you answer that question.
In my opinion, it is definitely a good course for anyone who is interested in making money online through affiliate marketing. The good part is that all the information you need is presented in easy to follow videos, all in one place, and since it presents a well-known, well-tested method for making money, you can be assured that you will make money as long as you put in the necessary effort.
The one caveat is that the course is geared a bit toward beginners, so you will not learn too many new tricks if you are already an experienced marketer making money online. But then again, if you were, you probably wouldn’t even be reading this page, would you?
Iron Condor Options – The Right Way
The iron condor options strategy is a powerful trading technique that can yield returns of 10 – 15% returns or more in a given month. The potential for such high, steady monthly income makes this technique highly attractive to many investors. However, trading iron condors is not for everyone, as a poorly managed position can quickly lead to large losses.
In this post I will cover some basic requirements for successfully trading iron condor options.
Options Trading Course Part I
Get the Entire Course Here
or watch part II on the bottom of this page
1. Choose a Broker with Good Software
This step is more important than you might think. The right broker will provide software that will greatly aid you in your analysis of options. I have used a half dozen options brokers in the last 10 years, and most of the free tools provided by brokers are useless. However, there is one exception: I can safely say that Thinkorswim is better than all the others brokers I have tested, combined. The reason is simple: Their software gives you information and tools that other vendors regularly charge $100 a month for, if not more. With Thinkorswim, you have access to greeks like delta, gamma, theta, and vega, as well as the ability to view the all-important “risk profile” graph, which, as you probably know, is a crucial graph to use when analyzing a the profit picture of an option position.
2. Place Iron Condor trades well above and below the closest support and resistance levels, with room for error
Many traders place their iron condor put and call spreads exactly where the last support and resistance points were. This is a mistake, because it leaves you with little or no breathing room. A better option is to give yourself a comfortable margin of error. Why? Because this way, when the price of the underlying security moves close to one of the support or resistance points, you have the ability to make an adjustment. Adjustments are the most underutilized and misunderstood aspects of managing a successful iron condor trade, and the proper adjustments at the right time can turn a potentially losing trade into a winner instead.
3. Place your trade at least 30-40 days before expiration, and do not hold the position until expiration
Options deteriorate in value the greatest during the last 30 days before expiration. Since you are selling time premium in iron condors, it is a good idea to put on a trade at least a month prior to the expiration date in order to capture the rapid decay of time premium. On the other hand, options often undergo a lot of volatility on expiration week, and the time decay can often slow down in the last week. This means that you usually do NOT want to hold onto a position until the last day. A good time to sell is a week or more before the expiration date.
These are just some of the rules I follow. To be honest, no web page can cover all the nuances of successfully placing an iron condor trade. If you are serious about this strategy, you owe it to yourself to get the knowledge and training needed to succeed. Unfortunately, trying to get this training from different sites can often lead to confusion as everyone seems to have a different take on how to properly implement this trade.
So what is the solution?
Sample the Best Iron Condor Options Course, Hands Down
Options Trading Course Part II
Get the Entire Course Here
It wasn’t until I took a video course taught by a successful trader (who often makes 10% – 20% returns a month), that I become confident with this strategy. The videos on this page are samples from the 10-part video course I took (each part is usually an hour or more). As you can see, the course is very thorough and iron condors are only one of the many powerful strategies taught. To learn more about this video course and watch a longer, 35 minute sample video, click here.
Welcome to e-businessreviews
I have had this site for several years, but I decided to change it into a blog format since I believe a blog layout is better suited for what I’m trying to accomplish here.
This site is a collection of reviews and articles on business opportunities, investments, ebooks, online businesses, and just about anything else on the Web that relates to businesses in general. My goal is to provide timely reviews of hot new business-related products, and since I run an online business myself, much of what I review will be related to the field of online marketing. However, I also plan to devote a good portion of the site reviewing online products that are more general, such as software, business sites, and consumer sites, among others.
I will do my best to base my reviews on facts and findings based on research. It is my hope this site will serve as a guide to help you in make consumer and business decisions for many years to come.