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Google Adsense and Nigerian Online Entrepreneurs

Tuesday, April 1st, 2008

I have come across several advertisement placed by fellow Nigerian claiming they can make Nigerians rich through Google Adsense. Some of the adverts go this way

  • Make money online while you sleep ….
  • Many Nigerians are making thousands of dollars from Google Adsense e.t.c

The advertisers promises to perform the magic once their special packages (ready-made “Adsense-ready-blogs”, auto-blogging softwares, e.t.c) are purchased. The price ranges from N5,000 to N10,000 (about $40 – $80).
I get amused and angry when I read such claims. Of course I do a quick check on the website of such advertiser . Too many of them have details similar to the following:

  • Web Address – xyz.blogspot.com (free hosting, while earning thousands of dollars per month, I am skeptical!)
  • Site Traffic – XXX (some make the grave mistake of displaying traffic details on their website – less than 1,000 visitors!)
  • Website Popularity – Google PR – Unranked Alexa Rank – x,xxx,xxx (so where are the visitors clicking on the adsense advert to generate the $x,xxx they claim). They must be telling lies 🙁

Enough of the report, What is Google Adsense? Is it an Income Earning Opportunity for Online Entreprenuers, Nigerians inclusive?

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Posted in Blogging, Investing, Nigerian | 93 Comments »

6 Requirements For Your Success Online

Friday, March 28th, 2008
  1. Belief – You need to belief in yourself that you can do it. So many successful entrepreneurs were people written off as failures by the society. Some of the entrepreneurs making waves in the business world now had more hurdles to combat than you presently have. So be encouraged. (I will suggest you read bibliography of successful men, their testimonies will inspire you to succeed).
  2. Desire – Without a strong desire to succeed, temporary setbacks or hurdles will easily kill your dream.
  3. Goal – You must be able to state clearly, and in explicit terms the end result you’re aiming for. It is best if you write it down using unambiguous words and stating the time frame within which you desire to accomplish the goal.

    4. (more…)

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Posted in Financial Intelligence, Investing, Tips & Tricks | 9 Comments »

Why you should start your online business with a blog?

Tuesday, March 25th, 2008

In my previous posts, I discussed some of the challenges that a serious online Entrepreneur will encounter on his/her way to success. The last post How to choose an online business, gave useful suggestions on how a newbie can choose the best business to start online. Today, I want to go a step further by providing a launch pad for those that are still confused on which type of business they should embark on (despite all that have been written on the subject).

Start a blog. Start it now. Yes, the easiest way to start an online business is by starting a blog. If you want a definition, here is one “A blog is a weB log. It is simply an online journal or diary where you write anything and everything, it all depends on you” It is yours. You have the freedom to make it your private turf, your private closet (open to selected few) or a public dump-ground (everyone is welcome). It all depends on your taste and passion 😉

Why should you start your online business with a blog? – The answer is simple

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Posted in Blogging, Investing | 16 Comments »

How To Choose An Online Business

Saturday, March 22nd, 2008

Too many potential online entrepreneurs are waiting and praying for someone that sees tomorrow to tell them the perfect business that will turn them into a millionaire. They want to know the perfect business so that they will do it just right the very first time and become instant success.

Well, there is no such thing. Go ask the next door successful entrepreneur in your neighborhood, he will most likely tell you that:

  • Success comes from making good decisions (even a fool knows that)
  • Good decisions comes from good judgment (nobody will dispute that)
  • Good judgment comes from experience (I thought it is luck!)
  • Experience comes from several bad judgments (I don’t want to agree with that !???)

Welcome to reality. You need not be afraid of making bad judgment or failing! The only way to know if something will work is to try it! This does not mean you should foolishly and consciously start seeking for opportunities to make bad judgment. Rather it means you should seek for opportunities to succeed and try them. If they work, you have added to your experience, if they turn out as failure, you have learnt “how not to do business” 😉 and that will be an addition to your wealth of experience as an entrepreneur.

Several self-made entrepreneurs have offered guidelines that can help one in choosing the right business. I will share five with you.

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Posted in Investing, Tips & Tricks | 20 Comments »

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