Make Money

Obstacles To Making Money Online…

July 14th, 2007 by monies

There are really countless reasons why people just can\’t make money online… In this article, I\’m going to share the two most prominent reasons and show you the other side of the coin at the same time.

1) Mindset.

The mind is very powerful. It can be used to make you a success or a failure. Yes, it\’s all in the mind! A weak mind is easily frustrated, cannot view difficulties as doors of opportunities and is easily swayed.

The mindset which determines how focus, positive and strong in action etc. a person is, is the main reason why many people (we might know some) are failing in their online endeavours.

The truth is, you can\’t help most people who ask you for help, but who also keep showing you that they don\’t believe in succeeding in the first place! I\’m sure we have met people like that in all walks of life. How do we identify them? They\’ll tell us things like: “Don\’t mind me being blunt, but because I experienced this or that…” or “I\’m a skeptic, unless I see proof, I won\’t believe it can really deliver, so can you help me…” … Scripturally speaking, they are those with very little faith.

Yes, there are many scammers online. Those who are extremely successful online usually have experienced being scammed many times. Yes, it may seem like to be successful online, one has to go through hell first, and indeed that\’s true for the very successful who earn new money big time. There\’s a price to pay, but some pay more while very few pay less.

Hopefully, after reading this article, many will realise what it takes to make a good living online.

The truth is very ironical. Even if you show someone how much exactly you earn, they will not join you! No kidding! You can ask any online marketer who has earned big pay cheques, and they would agree! Some I call blunt or tactless people will pop this annoying question occasionally: “How much are you earning?”

If you\’ve been asked this the first time, you might think that this person will join you if he/she knows that you\’re earning big time, so why not let him/her know? Then he/she can be helped too! But no! That\’s a big NO! Just let the person answer that question for himself/herself. He/she just does not have the right mindset!

From my experience, these are the exact people who constantly fail in online programs, no matter how idiot proof a program may be! 100% of the time, when we answer their silly question, they still will not seem to budge! Yeah, even if many people who join the program earn $10000 a month, they somehow can\’t register! This perplex fact really set me thinking… What\’s wrong with these people? Are you thinking too? Are you one of them? Hopefully not! If you are, (be honest with yourself here okay…) know that you need a new mindset!

You\’ll be surprised how your mindset can change your life! Success in life begins from within, my friend!

Now, we all have a past we\’re either proud of or not exactly proud of. Mine\’s pretty interesting actually… think I can write a book on it, and it should be a bestseller =) A rich man\’s mindset is not affected by his past. What\’s past is past! We must always move on and live life!

I know that if you\’re a Christian, you\’ll probably be quite confused about wealth and poverty. I know many are, even those who have given their entire lives to serve God! God has meant for us to be rich, PERIOD. I\’ll not go into a religious discussion here, but if you\’re interested, we can discuss further somewhere else.

Okay, let\’s just touch a little of the surface on poverty for the benefit of some Christians who may be reading this and feeling a suspense within that can\’t be quenched immediately unless I address them… (Non-Christians, just take this as a good read and bear with me a little, ok! Thanks!)

A poor man in the Scriptures does not simply refer to someone with little or no worldly properties or possessions… A poor man who does not know deep within himself his need for God in his life or who blames God for his poverty is not in tune with God! Yeah right, who says God only favours the poor?! Do you think God favours a poor but arrogant man? Or will he favour a rich yet humble man more?

Anyway, a rich man in this world may not be someone who is loaded with cash in his pockets! True wealth is not measured by what you have, but by who you are.

A rich man lives a rich life, a life that God has willed or intended for him to live. However, being rich may not necessarily make the person closer to God (most rich people feel totally secure about their lives and have forgotten the real Giver). Imagine God looking into a rich man\’s heart, and find that the wealth freely given to this person has totally replaced God\’s place… That wealth has then become the rich man\’s God… No man can serve two Masters! Making sense to you? Read that again if you can\’t catch it… the words shouldn\’t disappear unless there\’s a virus on your system! LOL

So, a rich man who is full of his worldly riches in his heart, does not find favour in God\’s eyes. Where your treasures are, there too is your heart. So, God searches the hearts and BINGO! Usually, the very rich people in this world are the ones who find it harder to enter into the Kingdom of Heaven as compared to the poorer people! God did not mean to have everyone poor in order to enter His Kingdom. So, Christians who knowingly or unknowlingly think in this manner, please start to realise that God meant for You to be Rich!

But when you\’re rich, give of your wealth which is freely given to you! Share with the needy! Do not forget the Giver of All Good Things! Don\’t ever be an ingrate! Serve the people around you. You still need God! Also, do not think you can trick God at Mathematics. If you earn $1M and give only $1 to the poor, even a 10-year-old can tell you how MUCH you\’ve given!

Okay, just a little more… Jesus mentioned that it is harder for a rich man to enter the Kingdom of Heaven than for a camel to pass through The Eye of A Needle [Matthew 19:24]. The camel in order to pass through this gate known as The Eye of A Needle, has to unload whatever it\’s carrying on its back. But for a rich man to unload his riches to move towards his Maker, it is more difficult. Think about this!

Thus, God blesses His people! Nah… not with poverty! Yet, there is truth in that it\’s harder for a rich man to enter His Kingdom. The poor are usually more receptive because there is much less to let go of before they can face and become their true self. Doesn\’t mean that all those who are poor are happy people, right?

Does a rich man necessarily become richer and a poor man poorer? It depends on one important factor: Wisdom, which starts from within.

A poor man has a great void that can never be satisfied, and so does a rich man! But the difference is that most poor men don\’t seek to fill the void with meaningful and purposeful endeavours. The rich and wise man usually does otherwise, while the rich and foolish man will tend to lose whatever wealth he has. So, the rich don\’t always become richer! The wise (doesn\’t matter whether he/she is rich or poor) will become richer!

One common example of folly would be the buying of ebooks and software… after the purchase, many people do not spend any real quality time or effort to go through them… they busy themselves with other distractions and then complaining later that they have bought a lot of useless things online… Sounds familiar?

Why can some others make it big online after buying the same ebooks and software? Think about that! What sets them apart?

Yes, it is WISDOM! How to be wise? Education and the courage to apply what is learned is the Key! Let\’s just say, Courage is indeed required to get you moving in wisdom. Like what a wise man once said: Nobody lights a lamp and put it under a bowl. (No reward for guessing who the wise man is…)

Many who have failed online and offline will eventually find themselves succeeding when they open themselves to unlearning the folly taught by the many and learning the wisdom taught by the highly successful. I\’m glad and proud to say that this crucial key to breaking the vicious poverty cycle can be found at Success University [homelysuccess.com/success] where introducing others who need to learn this accumulated wisdom to enroll would also help its students earn a well-deserving income online!

Now, as the teaching of this wisdom are found at Success University, and can\’t be easily covered in an article, I would propose for those who seriously want to acquire this wisdom enroll now! Be wise and disallow procrastination, one of the success killers (much talked about worldwide online/offline), to stop you from achieving the success in life that\’s meant for you. I encourage you to take courage and take action! To gain such wisdom at such minimal price is really a sweet deal. Many people are paying thousands just to learn what is being taught at Success University!

2) Focus on Means & Expenditure instead of the Results:

There are indeed many legitimate income opportunities on the Internet for us to work from the comfort of our home. Yes, the idea of working from home has led many to search the World Wide Web for home-based income opportunities and businesses. Some will look at affiliate programs to market other people\’s products for a good commission. Others will look for no-brainer programs usually involving once off or long term investments. Still others would scout to do some data-related work like typing and doing surveys. The list is endless!

However, one success stopper comes in the form of the focus on the amount of INITIAL CAPITAL required and/or the amount of PERIODIC CAPITAL (often in the form of monthly fees) and/or the amount of effort required to learn new things etc.

Many great affiliate programs like Success University and GDI require a monthly fees for their great products and services. They require time and commitment even if things don\’t seem to move successfully at the start. Many great marketing tools like autoresponders and domain hosting services would also require monthly fees. Now, to give everyone the benefit of doubt, many do try initially. They sign up, they try to market, and… they do not succeed the first month…

Some will try a little while longer before raising the white flag, but most will give up when they meet with little or no results! They will be the ones demanding for refunds and making a lot of noise, perpetuating and amplifying their failure all over the place! Their upline may not be able to help them usually due to their mindset, so they will be the ones who will cause some downline crumbling…

Ironically, they can spend hundreds of dollars per month on lotteries and the like! They want their dreams fulfilled and the voids in their lives filled… they then do foolish things and they look at any small startup capital as a magnified version of investment in their minds, unable to view it from the perspective that if they act wisely, their initial capital would be yielding much profits!

Other prominent reasons for online failures are procrastination, keeping your good intentions from your loved ones, misunderstanding or objections from loved ones, being uncoachable, lack of will power, inability to move on from the past (e.g. after being scammed once or more times), lack of purpose and vision, lack of planning… lack of courage. There are as I said countless reasons, but I\’m sure you can identify these common reasons.

Author: Patrick Chan

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Making Money with Articles: Becoming an Affiliate

July 13th, 2007 by monies

If you can either write articles or have the promotion and marketing knowledge to publicize articles that others write, becoming an affiliate for several companies may be a great way for you to generate a good income right from your own home. You can do this by receiving part of the revenue off of sales that the company gets from people who “click through” from your website via the company’s links that are placed on your pages.

Since you will be promoting a product or service, you will need a killer sales pitch and website content to get your readers interested in the product, convince them that they cannot live without the product, and to keep them coming back to your website time and time again for more recommendations and your useful content, which will get them clicking on your links once again. Although many affiliate companies only give you money off of the first sale you make from each customer, you have the option of promoting a good range of companies so that you can still make a profit off of your returning customers.

If you cannot write this kind of content of your own, there are many ways to pick up free or paid content to place on your affiliate website. There are many reasons why paying for such articles would be to your advantage. First, you will be able to tell the writer exactly what you want, what product you are trying to sell, and what direction they can go in to keep your readers interested and informed. On the other hand, when you search for free content, you are limited to what is already out there. Secondly, you will own the copyright to this content. That means that no one else can reuse it without your consent. If you opt for free content, you will be sharing that content with an unknown amount of other affiliate websites, plus the original author will be able to place their byline at the bottom of the article which could result in them stealing your traffic.

Author: John Ugoshowa

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Money-Making Marketing Software!

July 13th, 2007 by monies

Get Rich Quick Scams Revealed
Read this article before you consider paying for a “get rich quick” program.

From: Market Soft
Everybody would love to make lots of money quickly, working from home, and only doing a few hours of work per week. I’ve spent the past two years trying to find a great way of doing this. Only over the course of the past few months have I found any “get rich quick” programs worth buying. I’ve been trying to make money online for a long time. I had a few small websites, but they never made much more than a few hundred per month. It was easy money and didn’t require much work on my part, but I knew there were people out there doing better than I was and I knew I could do as well as them.

Now, I’ve seen a lot of “get rich quick” programs. Most of these people make claims about earning $2000/day with Google or something similarly insane. Almost all of these people are complete liars. Even if they were making $2000/day with Google AdSense, it’d be because they had high- traffic websites with a lot of quality content. I’d know, because in one whole month, I never even made half of what they promised I’d make daily with their programs. Maybe you’ve already been scammed by one of these fraudsters. Anyway, I finally got sick of what was being offered.
I decided I’d look through the all of the “get rich quick” programs I could find and see if there were any that were actually legitimate. I found that there were owners selling their programs for well over $100, but the information in them could be found almost anywhere online for free. Additionally, they all contained out-of-date information, had no e-mail support, no money back guarantees, and broken links in the downloads section.

In conclusion, almost all of the programs I found were completely useless. The owners knew it, but they couldn’t care less about their customers since they didn’t offer refund policies! Amazingly, while looking through all of the programs, I actually did find a few legitimate programs. They were run by ordinary people like you and me, and they had found some great methods of making money from their home by doing very little work.
I spent some time working with those programs, and my income is now ten times what it used to be. These programs provided a large amount of great information on how to make extra money on your computer doing very little work. Numerous customers had provided great feedback and reviews for their products. Many of them have started to make money just days after buying!

Their programs have excellent prices, and the authors have a group of paid staff who are dedicating to helping you or providing assistance if you need any. I must say I was amazed! If you do decide to purchase any of the programs listed below, I recommend you join quickly. Most of the owners tell me they are getting an overwhelming number of sales and plan on raising prices in the near future, so order while prices are still low!
To Your Online Success,

Author: Subhra kamal roy chowdhury

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Inside your banker’s head: companies are starting to figure out how their banks make money. Banks actually like that

July 10th, 2007 by monies

But, alas, even the banks getting bupkis wouldn’t budge. With nary a word about losing money, they all signed on.

Welcome to the loose end of the credit cycle. But beware. Bankers obviously expect something in return for the favorable five-year backup credit lines they’ve been handing out lately. And when the credit cycle turns tight, complaints about hurdle rates will again make life awkward for companies that try to maintain access to credit through a diverse bank group. Such discussions have strained personal banking relationships in the past, yet they’ve also increased corporate awareness about the way banks calculate their returns. Going forward, companies that adopt this sort of quantitative analysis for themselves may find that it not only supplements traditional relationships, but strengthens them. Indeed, banks are surprisingly willing to help CFOs build models that can distinguish between legitimate gripes and sales pitches.

RAROC and a Hard Place

Some 20 years ago, Bankers Trust Co. first began using a risk-adjusted return on capital–or RAROC–model to evaluate the profitability of a transaction given the risk profiles of its commercial borrowers and the resulting return on the bank’s capital. Today, such return models have become all but ubiquitous in the banking industry. So accepted are they that regulators are in the process of allowing banks to determine for themselves how much regulatory capital they must set aside for each transaction (see “Basel Faulty?” page 51).

For many corporate customers, however, RAROC has a bad reputation. Most first heard the term used as a cudgel, with bankers telling them that they weren’t profitable customers and then pressing for other business in exchange for credit.

“Most banks began to internalize the idea that large corporate lending is unprofitable about five years ago,” says Nick Studer, head of the North American corporate and institutional banking practice at Mercer Oliver Wyman. The 1999 repeal of the Glass-Steagall Act, which had formerly separated investment and commercial banking, was quickly followed by flameouts in the M&A market, the IPO market, and the last generous credit cycle. “It’s these last five years that made bankers realize that cross-selling is not a luxury, it’s a necessity,” says Studer.

But handled clumsily, particularly by the investment banking arms of newly formed universal banks, cross-selling irked many corporate customers. Indeed, in the past few years, the Association for Financial Professionals has been surveying its members about such practices, strongly hinting that they might constitute illegal tying. “Cross-selling is what retail bankers do well,” notes Studer. “On the investment banking side, honestly, it’s not something they do well. It’s boring, and not as sexy as chasing deals.”

Nor was the reputation of RAROC helped when some banks simply stopped lending to certain companies–even whole industries–based on their risk profiles. “We actually had a lead bank drop us in 2000,” recalls Jeff Burchill, CFO of commercial property insurer FM Global. “They decided to drop all insurance companies because they didn’t like the risk profile.”

“Up until this time, banks and companies have had a combative relationship,” observes Studer. Indeed, banks have had reason to complain as well. Corporate customers, after all, didn’t hesitate to tie their banking business to demands for credit. And they rarely showed any understanding of their bankers’ needs. “Clients used to haul out a spreadsheet listing all their banks in descending order of credit commitment and noncredit fees,” says Bradley A. Hardy, senior vice president of corporate banking at Wells Fargo Bank N.A. “But they were only looking at the revenue line; they were not looking at profit at all. You can imagine profitability in an M&A transaction is vastly different than a cash-management business.”

Show Me the Model

Increasingly, however, RAROC-style return models are contributing to improved corporate banking relationships. “Corporates are getting more sophisticated,” says Studer. Bankers agree. “Clients are developing a better understanding and appreciation for the return models that we use,” notes George Calfo, head of Citigroup’s national corporate bank. “We think that’s positive.”

Author: Tim Reason

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Seven Mistakes Businesses Make with Their Advertising

July 9th, 2007 by monies

1. Launching their advertising without a strategy or a plan:
A business should have their advertising planned out 12 months in advance, and they need to know what their message will be. For example, during the months of January and February, they might run ads that pertain to cold weather. During the spring, they might run ads designed to start the phones ringing. The entire year should be planned in advance.

2. Inadequate budget:
The advertising budget depends upon the size of the market and how much advertising the business has done within that market. The larger the market the more expensive the advertising is. A key factor for success is frequency. Let\’s say your target market is “women, aged 35 to 54, middle income on up.” To be successful, the target market needs to hear or see the advertiser\’s message a minimum of three to five times a month. Without adequate frequency,

advertising fails to produce the desired results.
3. Failure to focus the ad dollars:

Advertisers often say, “I tried TV,” “I bought some radio,” or “I tried XXX, and it didn\’t work.” To be successful, an advertiser with a limited budget should focus the dollars on one medium that will reach its target market cost effectively. Spreading ad dollars over several media can be a formula for failure.
4. Lack of consistency:

To be successful, an advertiser needs to present a consistent look and message across all media. The look of its website should be similar to its print or direct mail. Its radio and/or TV should tie in with any or all other advertising.
5. Failure to differentiate:

Every day, thousands of advertising messages fail because they do not sell and they do not differentiate. It takes more than creativity to make ads work. Successful advertising needs to differentiate a business from its competitors and promote customer benefits.
6. Advertisers need a campaign, not just a few ads:

Consumers tune out ads they have seen too often. Advertisers need to have a minimum of 15 or more ads in rotation throughout the year to hold attention and maximize
results.

7. Tracking of results:
Ask advertisers how their advertising is working, and many have no answer. Advertisers need to track sales leads, sales performance, and closing ratios and ask customers how they heard of their businesses. Tracking the effectiveness of advertising is critical to the success of any business.

Author: AdvertisingCrossing

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An introduction to Forex Money Management

July 8th, 2007 by monies

Forex trading money management is one of the most imperative things you must learn before you really start up with live trades. The Forex money management principles discussed here would further teach you how to keep yourself away from the expensive mistakes many fresh forex traders make, frequently to the degree that they lose their full investment on the first few trades. Psychology is actually the most key factor to money management when it comes to forex trading. You have to be clever to separate yourself from any touching affection you might have got to your money. This is not extremely simple to do, but it works and it could be really done.

First and foremost, you have to mull over leverage and risk. It is sensible that you by no means risk more than two percent of your account stability on any forex trade. However, some go beyond and permit for as much as ten percent, but in no way more than that. This gives you the capability to endure market fluctuations in forex, and if the trade goes poor, you yet have money to try again. You must never function under the hypothesis, which you would profit from each trade. You must as well plan for losses. Therefore, most forex traders would tell you that the most excellent thing to do is to keep your gains big and your losses less. Develop your forex trading strategy around this idea.

Keep a proper track of your gains and losses. Keeping correct and detailed records of your forex account commotion would permit you to see whether or not the forex trading strategy is working, or if it requires being rebuilt. Never go blindly into trading without a means to keep follow of results. You would surely lose all of your money and never know why it happened.

Author: Agnes Uma

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Easier money: the right technology can help make payroll processing faster, cheaper and more convenient for you and your employees

July 7th, 2007 by monies

On average, employers spend $16 to process a single payroll check, according to a 2003 study by PricewaterhouseCoopers (PwC). Moreover, the study found, it matters little whether an organization uses one of the major enterprise resource planning (ERP) systems ($17.72 per check) or a smaller vendor or homegrown software ($14.45 per check).

(Larger organizations can achieve some economies of scale, however, Companies with 1,000 to 4,999 employees had an average cost of $20 per check, while those with more than 5,000 employees paid 35 percent less, or $13 per check, according to the PwC study.)

Why is the average cost so high? PwC discovered that 71 percent of the cost went toward labor, while software, maintenance and materials accounted for less than one-third of the total.

Fortunately for employers, using the appropriate technology can help slash both the labor and materials costs of processing payroll, while giving employees greater access to their own payroll and benefits information.

Slashing Labor Costs

For employers looking to reduce the labor involved in payroll, the keys are system integration and self-service.

By linking payroll systems directly into time and attendance software, companies can eliminate manual entry of data by supervisors and payroll or HR personnel, along with its attendant errors and the need for double and triple checking. Linking systems not only cuts time spent entering and verifying data but also eliminates the costly process of manually cutting checks to correct errors.

And employee self-service moves the entry of personal data over to those most interested–the employees themselves–and enables them to look up, enter and modify payroll information without the assistance of HR or payroll staff.

Achieving these time- and money-saving steps requires an exact interplay between several types of applications. In selecting payroll software, therefore, you are not just looking at payroll. You are looking at part of an entire system.

“Fundamentally, you have a number of key application modules that are becoming very integratable and intertwine with payroll processing,” says Albert Pang, research director, enterprise applications, for International Data Corp. (IDC), a San Mateo, Calif., research subsidiary of International Data Group Inc., the Boston-based technology publishing company.

[ILLUSTRATION OMITTED]

“You want to avoid looking at payroll in isolation and eliminate manual processes,” says James Holincheck, a research vice president in Chicago for Gartner Inc., an IT research and consulting firm based in Stamford, Conn. “A lot of the things that drive payroll would typically get maintained in another system.”

In fact, he says, it is hard to buy a stand-alone payroll system. “There isn’t a market for stand-alone payroll software, unless one is outsourcing the gross-to-net processing,” he continues. “Companies are looking for a broader set of solutions.”

For example, Titan America, a cement and building materials producer headquartered in Norfolk, Va., with 1,900 employees at 80 locations in nine states, runs Infinium payroll software (now part of SSA Global Technologies Inc. of Chicago) on an IBM AS400 server. It has a feed to and from the company’s timekeeping software–supplied by Kronos Inc. in Chelmsford, Mass.–and the company’s accounting system, and it has an interface to the employee appraisal system.

“We wanted an integrated human resources, benefit and payroll system; plus, we needed a centralized database and the ability to allow field HR and payroll personnel to access their area’s employee system,” says Yvonne Smith, PHR, director of employee services. “It was also important for us to have an electronic feed from the payroll system into our accounting system.”

Having such an integrated system cuts down on the time spent adding new hires to payroll, accommodating employees’ changes in their benefits, transferring funds, and performing financial reporting or audits. Information entered into one system becomes available in all the others. Thus, a new hire added to the HR system is automatically added to the payroll system and becomes a financial outlay in the accounting system–without additional manual entry.

Integration in Action

Author: Drew Robb

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Do You Need To Know How To Use The Net To Earn Money With MLM Marketing?

July 6th, 2007 by monies

Using a Multi Level Marketing business opportunity, is it really possible to make a stable income on the internet? What must we know to make cash on the internet with a Multi Level Marketing business opportunity? We often have many thoughts which come to mind whether to join a on the internet MLM Marketing opportunity. We need to find the real facts about running a on the internet Multi Level Marketing business opportunity.

::: Can a techno novice achieve success on the internet with Multi Level Marketing? :::
Earning cash on the internet sounds like fun. We hear all of these stories of people making cash on the internet. We can imagine how it would be like to earn cash on the internet. Reality sets in and a thought pops into mind “I have no idea about making cash on the internet”.

The real fact is that you do not have to know everything about the Internet to make cash on the internet. There is a factor in cost sometimes as you may have to get other people to do tasks you do not know how to do. However, on the internet Multi Level Marketing comes to the rescue giving us all the necessary knowledge on how to make cash on the internet.

If you know how to read email or browse the internet, you have what it takes to take the steps to making cash on the internet work from home. Be prepared to learn and soon you can become someone who knows how to use more of the Internet’s features.

::: What is generally required with an on the internet MLM Marketing opportunity? :::

Some of the things you need to be able to do online are that you need to have the basic knowledge of using email and know how to browse the internet. This is largely due to the online MLM Marketing opportunity creating a system which works right from the beginning.

::: Tips for on the internet MLM Marketing opportunity success :::
What is crucial now is to find a Multi Level Marketing opportunity which is based on the internet. This business opportunity must give you a blueprint on how to promote your Multi Level Marketing opportunity on the internet. This is the key to achieving success on the internet. Without a blueprint achieving success with Multi Level Marketing on the internet will be even harder, especially if you have no prior knowledge of making cash on the internet.

Remember learning these techniques will help you to earn cash on the internet for the rest of your life. The key reason why following this route is crucial, is because a Multi Level Marketing company creates win-wins.

It is only through your ability to achieve your goal that the Multi Level Marketing company can achieve. So it is in the best interest of your Multi Level Marketing company to give you the necessary skills to succeed on the internet.

Author: Kozan Huseyin

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Mountain of money: Chile’s ski resorts spend big to make more money on foreign vacationers

July 5th, 2007 by monies

“Have the best winter vacation of your life next summer” reads the slogan for Valle Nevado, a Chilean ski resort. Not a bad pitch. With snowy mountaintops and resorts marketing all-inclusive ski pack ages, Chile has all the makings to become a true haven for hard-core skiers during its June-October season. Given the flurry of new projects in several of the country’s 15 ski resorts, investors appear eager to turn Chile into the world’s winter playground.

Resorts along a mountain road just outside of Santiago are forecasting a 35% increase in their tourist traffic. Between them they have invested US$13 million last year to beef up infrastructure. Leading the pack is Chile’s Valle Nevado, which has invested $21 million during the last four years.

“This is a sort of last frontier in the ski industry,” says Jimmy Ackerson, general manager of operations for Valle Nevado. “Chile’s development has been slower than North America’s, but I’m convinced that the Andes mountain range has potential yet to be tapped. It has young mountains with little erosion and a magnificent setting.”

The stunning, jagged peaks of the snowcapped Andes are the perfect setting for above-the-tree-line skiing or snowboarding. Perched 3,000 meters above sea level, it gets the ideal amount of snowfall–seven meters per season, but there are 19 snow machines on standby just in case.

The company says the quality of the snow here is among the best around–dry and stable. Valle Nevado also claims one of the highest numbers of sunny days, at 80% of the season. Guests sit in outdoor heated pools year-round, even when the temperature dips below freezing.

Built in 1988, the resort decided in the late 1990s to focus on drawing skiers in from more distant parts of the world to add to its traditional base of Brazilian and Argentine tourists. Apparently, the word got out. Valle Nevado has managed to almost double its North American traffic to 9,000 overnight stays from 5,000 in 1999.

The resort last year sold 150,000 lift tickets, with roughly a third of its visitors staying overnight. Most tourists come with weeklong all-inclusive packages in one of the property’s three luxury hotels or fully equipped apartments. Packages range anywhere from $770 to $2,400 per person depending on the season and hotel class.

In recent years, Valle Nevado has expanded its hotels, built a high-tech nightclub and revamped its restaurants. Several trails have been reconditioned, a snow park improved, and investment in two helicopters is helping to capitalize on the latest trend–heli-skiing. The resort’s new AS350 B3 helicopter allows more adventurous thrill-seekers to reach altitudes of up to 4,200 meters and plunge toward the virgin snow at $135 per person.

“In Canada or the States you’re not going to be able to access 6,000 feet of run” says Dean Decal, a 44-year-old ski instructor from Massachusetts who has made heli-skiing at Valle Nevado a yearly tradition. This year marked his ninth ski vacation in Chile. “I’ve heli-skied in most places in the world and I’ve found that, on a good day with low wind, it’s by far the best here in Chile.”

Valle Nevado also acquired a second helicopter with seating for six to shuttle guests from the airport in nearby Santiago to and from the resort. Shuttling over the smog-choked capital could help the resort improve its image as a high-end ski resort. But it’s almost a necessity considering the condition of the rugged, frozen single-lane road that leads up to the resort.

Juan Antonio Munoz, ministerial secretary for the Ministry of Public Works of Santiago’s Metropolitan Region, says just maintaining the largely seasonal route has been difficult. Because its main use is tourism, the government has decided to allow private companies to spend an estimated $11 million to make the trek less frightening. The government hopes to announce the winning bidder in 2006.

On the map, Farther away; close to the Argentine border, Portillo is perhaps South America’s best-known ski resort. In 1966, Portillo was put on the map when Chile became the first country in the Southern Hemisphere to host the World Skiing Championships.

Portillo’s New York-born owner Henry Purcell helped crack the North American market by getting the company advertised in specialty ski and tourism publications around the world. The company has invested $1 million per year during the past three years improving infrastructure, ski lifts and expanding snowmaking capabilities.

Author: Jen Ross

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The Insider Secret to Making Big Money Online Without Breaking the Bank

July 3rd, 2007 by monies

Before I went online, I was a venture capitalist and offline entrepreneur. I was involved in hundreds of millions of dollars of transactions and started companies in radio broadcasting, corporate training, alternative energy and telecommunications.

After getting burned out in the corporate and venture capital worlds, I decided to build micro businesses I could run from my houseboat on San Francisco Bay and stop the ridiculous commutes and awful traveling I had been doing. I met numerous people who were making millions from their homes and that’s what I wanted.

However, after two years and building 15 websites, I was not making a dime. Finally in frustration, I went to one of the most successful online marketers, Alex Mandossian for advice, as I was ready to throw in the towel.

When I asked Alex what I should do, he replied with a question.

“How are you spending your time?”

I patiently explained all the things I was doing and in the process he stopped me.

“What percentage of your time are your spending on technology, traffic and conversion (turning traffic into customers)?”

I thought for a couple of minutes and replied, “about 60% on technology (I didn’t have a webmaster, and 30% on getting traffic and 10% on conversion.”

“That’s your problem. The secret to making money online is simple. You can’t spend any more than 10% of your time on the technology so you can spend at least 90% of your time on getting traffic and converting it into customers and money. That’s where the money is made.”

He went on, “There’s no money in learning and managing the technologies, unless you want to be a webmaster.’

WOW! I immediately understood what I’d been doing wrong.

So I began to interview others who were struggling to make money online and sure enough, they too were all caught in what I now call the “technology trap”.

What’s the technology trap?

The technology trap is the belief that you can learn enough about the technologies required to make money online, that you won’t need a webmaster.

You see, to make money online requires that you BE online. And getting online requires a lot of technologies. Hosting accounts, webservers, FTP, PHP, lots of software applications to run the business, ecommerce, backups, etc.

That means you have two choices.

Either you can hire a professional (and expensive) webmaster to set up and manage your technologies OR do it yourself.

However, the dirty little secret is that setting up and managing the required technologies yourself is NOT easy. As a matter of fact, 91% of those who attempt to master the technologies themselves, crash and burn within the first two years and never make a dime. This is the technology trap.

Once I realized the problem, I set out to solve the problem for myself and the millions of others caught in the technology trap.

I dropped out and spent the next year developing a revolutionary technology system that would enable non-technical people (like me) to have all the money making technologies need without having to learn HTML, FTP, PHP, etc. and without having to spend thousands of dollars on the numerous software programs required to turn websites into money machines.

Now anyone who can point and click can start making money just like the pros if you get an integrated and automated software platform manages all the technologies required so you can spend 90% of your time on traffic and conversion and make money like Alex and the other pros.

Once I started using this new program, my income went to five and six figures a MONTH.

Bottom line, the key to making money is letting someone else handle the technologies you need, so you can focus on getting traffic and converting it into customers and money. And you’ll save thousands in start up expenses.

Author: Wayne Van Dyck

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