New Ways to Build a Virtual Business
As we predicted, it just gets easier & easier to go virtual, making money from the
Internet & phones.
Here are some of the latest ways:
Kindle: It takes less than a half an hour to convert a book into Amazon's
Kindle format, and if you put your ebook into the KDP Select program, there are many
ways Amazon helps you make sales. Even if you don't pull in a lot of money, you get
your work in front of millions of new potential customers. Amazon will give you up to
70% of the sales, too. Find out more here:
Fourerr: Offer your services or
products that are sitting around on
this online marketplace. You only charge $5 or $4 respectively, but it's a great
introduction to potential customers who can try you out. We hired a guy to do some
white board animation for us, and use him regularly now at considerably more than the
original $5. Both services offer reviews, so you can build up a lot of credibility
becoming a vendor on the site. fiverr.com
Expertise: if you have or can develop a skill at helping folks convert their
publications to Kindle and other ebook formats, can walk folks through the process of
getting on Audible, app stores or create mobile apps, there is a great need for this
kind of expertise. Because it's so new & specialized, you can charge to help people
institute new moneymaking technologies in their businesses.
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The Cayman Islands Report
We've concluded that the Cayman Islands is for Portable Lifestylers who have been on
the road for a while. Our philosophy (and what we teach) is once you go portable, you
steadily increase your income. And you need to have increased it a bit to afford
Cayman (pronounced by locals as CayMAN), which is pretty expensive. We used many of
the techniques we teach in our
PL Primer to negotiate awesome savings on a villa rental,
car rental and kept our communication bills pretty low. Once again, getting local SIMs
for our mobile phones proved very useful. But still, the island was not cheap.
Any expense was WORTH IT. Grand Cayman is paradise -- right out of a Corona beer
commercial. The warm ocean waters are turquoise, the beaches filled with white sand,
and there is much to see and do. This country has the word "prosperity" in their
slogan, and there is very little poverty there. It is very developed, and the people
could not be nicer.
We're taking a tip from our favorite Portable Lifestylers -- Brian and Sherin Peace
from New Zealand -- and going from an expensive place to a cheaper place -- Mexico --
where we'll enjoy two weeks of all-inclusive + a couple more weeks to kickback.
We'll give you a trip report next time -- we've never been before. And if you have any
tips for Puerto Vallarta, let us know!
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