Pat Flynn: From Jobless Architect to Successful Enterpreneur 2

continued from Pat Flynn Part 1

Step By Step – How Do I Podcast

A podcast is what inspired me to get into this business in the first place, so it was always my goal to eventually do one. I had first mentioned that I wanted to host a podcast in November of 2008 but it wasn’t until July of 2010 that my podcast finally went live in iTunes.

Pat Flynn: From Jobless Architect to Successful Enterpreneur 1

How I Started

It all started back in 2008 when I was laid off from my Architectural position. Unlike most, I loved my 9 to 5 job and never really had any desire to leave, but I was forced to because of a bad economy and the company’s downsizing efforts.

At the time, I had one little blog to my name (now at GreenExamAcademy.com) that I used to keep track of my notes for an exam that I was taking, the LEED exam,

Bacolod: Successful Young Entrepreneurs make Life Style Choices

 The Invest or Sacrifice Model For Successful Young Entrepreneurs.

Sitting by my laptop in Bacolod, I remember a Discussion from friends about money. Most of them are not Entrepreneurs and it is interesting how Most Entrepreneurs, they said were making “big sacrifices” to be where they are. Most of these Entrepreneurs they referred to were successful as a young entrepreneur because they made large risks.

Bacolod: Creating Money Online Part 4

This is the Last Part of the Series Bacolod: Making Money Online

Last part in the series on the future of making money online.  Be sure to check out parts one, two and three prior to reading this.

In this part of the series, we’re going to shift gears slightly and look at Google as an investment.  I’ve laid out the case that I believe a shift is occurring in which search is becoming less important (still very important, but less).  Obviously, Google being the global leader in search for years now, this would have a very large impact on their business if indeed this trend is materializing.

Bacolod: Creating Money Online Part 1

 This is the First Part of the Series Bacolod: Creating Money Online

I read an amazing article by Wired Magazine recently called The Web is Dead: Long Live The Internet.  It’s an incredible read for anyone into technology, the internet, and especially making money online.  It’s really a must-read.

Bacolod: Creating Money Online Part 3

This is the Third Part of the Series Bacolod: Creating Money Online

The Future of Making Money Online: Part 3

This is part three in the series discussing the future of making money online.  The inspiration for this series was a Wired article called “The Web is Dead.”  If you haven’t already done so, I’d encourage you to read parts one and two before reading this.

Bacolod: Creating Money Online Part 2

This is the Second Part of the Series Bacolod: Creating Money Online

If you read Part 1 in this series, you read about the Wired article entitled “The Web is Dead” and some of my reactions from it.  In this article, I’m going to go over some big picture take-aways and trends that will impact all types of online businesses.

Trend #1 – A Shift Away From Search

Search has peaked in my opinion.  Search was the most important part of the first phase of the internet.  The internet brought more information at a single person’s

Retire@21: The Making Money Online Primer

This page is a comprehensive resource for everything on building online income.  One of the main features of this page are the detailed data reports from my own online income streams.  In the monthly reports, you will see detailed traffic data and the corresponding revenue levels.

Further down, you will see other information on strategy and tips to help you build revenue and income streams faster utilizing your websites.

How you can be on your way to Online Income: Ᵽ30,000- Ᵽ45,000 per month

Before Facebook was: Wayne Ting, almost a Billionaire

 

I've just met a man who dropped out of college six years ago to work full time on the social network that had grabbed the attention of everyone on his Ivy League campus.

Wayne Ting

No, not Facebook's Mark Zuckerberg, but Wayne Ting, the creator of Campus Network. I was fascinated by his insights concerning the small things that meant Facebook became huge while his network faded away.

Wayne has now gone back to college, studying for an MBA at Harvard; I went to meet him after going to have a look at the college dorm where Mark Zuckerberg started thefacebook.com, as it was first known, in 2004. But in 2003 Ting was studying at Columbia, another Ivy League college.

That year, he and another student Adam Goldberg launched a website called CUcommunity. They had seen another early social network, Friendster, but none of their friends was on it:

"We thought you needed a community where people would feel safe and where they had enough social nodes - that was college."

Their network quickly caught on, and soon three quarters of Columbia students were using it. CUcommunity was quite a sophisticated network, offering photo-sharing and blogging, as well as the poking and friend lists that Facebook would later make familiar. "It was the place you would go to if you wanted to find out what was going on," says Wayne.

They had always planned to take it to other Ivy League colleges, and by 2004 the two students were leaving Columbia and heading to Montreal to work full-time on what they were now calling Campus Network.

They hired three software programmers, and got themselves an office which was also their home.

"We used to get up really early and hide the airbeds under the desks because we didn't want our employees to know we were homeless."

They threw themselves into the project, but to no avail. Facebook, which had launched at the beginning of 2004, was soon cleaning up on campuses across the USA. It was when they saw traffic begin to dip on their home territory, Columbia, that Ting and Goldberg decided to throw in the towel.

Why did Facebook, which launched later and was a less sophisticated network, still win the day? Wayne Ting thinks there were two main reasons - the speed at which Facebook moved, and the very simplicity of its early format.

Facebook had 90% of Harvard students using it within days of its launch and then very quickly started moving to other campuses. So when Campus Network turned up at those same colleges it was too late:

"The network effect is incredibly powerful. It takes a lot of time to create and look after a profile - you will always choose the network with more people."

But the Campus Network founders thought back then it was strange that students would choose Facebook:

"Why would you go to a site that only had poking and a photo when you can share photos, share music share your thoughts on a blog?"

Today he concludes that people just weren't ready for that level of sophistication back then - in fact it may have put them off Campus Network.

"A good website should have functionalities that 70 or 80% of users want to use. We had functions that only 10% wanted - nobody blogged, nobody even blogs today."

The result was that the network seemed a little too geeky:

"You started to get folks that were less cool, they weren't the hippest kids on campus - and that had a negative network effect."

Of course, the irony is that Facebook gradually added all those functions that had been on the rival network from the start:

"What Facebook did that was incredibly smart was to hook them with the friending and the poking and then they learned with their users, and added functionality slowly over time as users became more comfortable."

Just a few small details in the execution of a business can make the difference between coming first and coming nowhere. Wayne talked admiringly of Mark Zuckerberg's focus and his ability always to think about the next thing. When I asked him what he thought when he saw how wealthy and powerful his contemporary had become, he admitted: "It's difficult not to feel some sense of envy."

The man who could have been a billionaire, if his network hadn't been just a little too sophisticated for its own good, had that most attractive of American traits, an ability to laugh at and learn from failure. Wayne told me he had been to see The Social Network, the film about Facebook, and had been amused by the bit when the Winkelvoss twins had claimed that it was all their idea. "My thought was - we had it six months before you had it, should we sue?"

And he takes comfort that he's played a small role in the creation of what is now a huge industry:

"I don't know that many people in their entire life who've had a brush with a 40-billion-dollar idea. We didn't capture it - but I'm proud that we are a part of that story, however small."

Blogging101:Installing Wordpress and Start Blogging!

Before we can get started and I can show you how to make money online, we need to sort the essentials out, that means we have to get you online! Today I will show you how to build your first blog, which is surprisingly easy!

Make sure you take action as you read through my emails or you will find yourself a month down the road and you still haven't started! If you do have any troubles with the eCourse, then hit the reply button and I will be happy to respond to your email.

It is fine to host your blog with free hosts like Blogspot or Wordpress. If you are interesnted in creating a serious site, you should consider finding a Domain Name.

I'm always creating blogs because you can literally set them up in a hour, one of the fundamental things you need to have is a good domain name. For those of you are aren't quite sure what a domain is, it's one of those .Com URL's you type in your web browser to visit websites.

It's super important to choose a good domain, I often see long winded domains like, RobertSmith4CentralOregonHomes.com? For a start It's really long, boring and has so many words you will spend so much time just typing the domain that you will give up. When coming up with a domain name I have a little test I use, basically you have to be able to tell someone on the street your domain and then a hour later when they get home they must be able to remember it. This basically means, make it simple, no .Net .Co.Uk .Info domains, no dash's in between words and try to keep it to a 3 word maximum. 

Here's what I do, I put a twist to my domains to make them more interesting, for example, I could of had YoungEntrepreneurs.com instead of Retireat21.com, but the name Retireat21 is really catchy and something no one forgets, its even a speaking point for a lot of people. It's all about being creative and not trying to get every keyword under the sun in your domain. Another way you can come up with new domain names is by putting the benefit and your keyword in a domain. My friend was creating an outsourcing website and was thinking of domains like OutsourcingDistrict.com but it doesn't stand out to you and say what's its about, I advised him to buy the domain, SaveTimeOutsource.com, it tells the reader straight away the benefit of Outsourcing and why you should use the site.

When buying a domain you want to use a big company so that you know they will look after your domain and give you the support you may need

Hosting your Domain

The most important thing about running an Internet Business is that you have a reliable host, without one, you are wasting your time.

Retire@21: The Most Successful Dropouts in History

We are always wondering why college dropouts and/or regular students in high school or college make it big in business. It is a strange phenomenon, and it happens not just in the Philippines or in Bacolod but in most places.

Why do the top people in College usually work for most of these average folks? Well some say that school teaches kids straight answers to questions so that when life throws them a curve-ball, well, they don't know how to respond.

I am not encouraging kids to drop out but show people that these people simple took the risk that allowed them to become great in business even without a college degree. This is a list of the top entrepreneurs who dropped out of college and then went on to make it big in the business world.

Rank

	Name	Business	Dropped Out At	Age	Networth
1	Henry Ford	Ford Motor Company	16	Dead	$188 Billion (in 2009 dollars)
2	Bill Gates	Microsoft	19	53	$59 Billion
3	Larry Ellison	Oracle	20	64	$27 Billion
4	Sheldon Adelson	Las Vegas Sands Corp.	19	77	$26 Billion
5	Larry Page	Google	Graduated University of Michigan	35	$18.5 Billion
6	Kirk Kerkorian	Tracinda	12	91	$18 Billion
7	Michael Dell	Dell	19	43	$17.3 Billion
8	Paul Allen	Microsoft	20	56	$16.0 Billion
9	David Geffen	Geffen Records	21	65	$6.5 Billion
10	Steve Jobs	Apple	18	53	$5.4 Billion
11	Richard Branson	Virgin	16	58	$4.4 Billion
12	Takafumi Horie	Livedoor	22	35	$3.6 Billion
13	Ralph Lauren	Ralph Lauren	20	69	$3.6 Billion
14	Subhash Chandra Goel	Zee TV	12	58	$2.3 Billion
15	Jerry Yang	Yahoo	Graduated Stanford	40	$1.9 Billion
16	Mark Zuckerberg	Facebook	19	23	$700 Million
17	Russell Simmons	DefJam	19	52	$340 Million
18	Matt Mullenweg	WordPress	18	25	$200 Million
19	Mahesh Murthy	PinstormSeedFund &	19	43	$200 Million
20	Jawed Karim	YouTube	21	30	$64 Million
21	Kevin Rose	Digg	21	31	$60 Million
22	Jared Isaacman	United Bank Card	17	26	$50 Million
23	Kevin Sproles	Volusion	18	26	$17 Million
24	Shawn Fanning	Napster	19	28	$7.5 Million
25	Scott Wainner	ResellerRatings	20	26	$7 Million
26	Rob Benwell	Blogging To The Bank	18	23	$5 Million
27	Graham Langdon	Entrecard	19	21	$3.2 Million
28	Kristopher Tate	Zooomr	17	20	$3 Million
29	Aaron Levie	Box.Net	20	23	$3 Million
30	Reed Caldwell	ServInt

Retire@21:Kids & Finances - Start Them Young

Most Filipinos do not understand that teaching your son and daughter about business plays a big part in Succeeding in Business later on in Life. That doesn't change for People in Bacolod. For more information read Retire@21 in philmastermind.blogspot.com 

Retire@21:Top Young Bloggers 2009

 

It is amazing what Young People can do. The simplest prerequisite for Blogging is Internet Communication and Communication. Of course you would have to have basic Network and some Knowledge of the Field you are writing about.

Below is the List of Successful Young Bloggers in 2009.

RANK	BLOG NAME	AGE	GOOGLE		QUANT	ALEXA
1	Derek Ang	21		0	-1	0
2	Berbicara dengan Alam	17		0	-1	0
3	1stwebdesigner	21		0	-1	4047

Retire@21:Top 20 Internet Entrepreneurs Under 21

Over the years, there were thousands of young internet entrepreneurs, some have really incredible ideas and I know that as you read, they are changing the Internet in Big Leaps of Changes

This is a list of the Top 20 Young Internet Entrepreneurs of 2009 and how they made a Difference.

“Proof that Internet Success Has No Age Limit!"

Blogging: The Free Internet Marketing Method

It's been years since blogging has been practiced. But it's just recently that it has been considered as one of the addicting fads. Many teenagers have resorted to blogging as an outlet for their emotions, a little online nook where they can blurt out whatever just bugs them or whatever makes them feel elated. Savvy marketers have discovered that blogging is one of the best Internet marketing methods that won't cost you a cent.

WhyBlogging: Articles Are The Quickest Way To Your Customers

One way of promoting your website and product can be achieved for free. As an additional bonus, this “free” method can boost your sites and sales, doubling and even tripling your income.

Articles. One of the easiest ways to promote your website in order to generate traffic and increase your earnings.

Internet Marketing Solutions Plus No Overspending

The Internet has made this world an Open Enterprise. Living in Bacolod City, it has become important for companies to further expand their market and their consumer targets. Engaging to Internet Marketing maybe a risk for people who wish to be involved with this type of business.

Ensure that most of  your target consumers will surely acquire your product. Consider the best products which will definitely capture their interests and needs.

Retire@21: Facebook General Information

General Information

Website	facebook.com
Blog	blog.facebook.com
Twitter	@facebook
Category	Consumer Web
Employees	1,000
Founded	2/04