Tom’s Tips


The Embarrassing Things I Did to Earn Money in College

March 18th, 2017   |   By Tom Woods

If you’re a longtime reader, you already know I literally cleaned bathrooms during my freshman year.

Then, years later (1993), my friends played probably the best and most elaborate practical joke on me I’ve ever heard of. I’ll spare you the details except to say it involved a fake experiment in the college psychology department, a urine sample, and $15.

I told a friend at the Mises Institute that I’d fallen for this trick because I’d wanted the $15 that was advertised. He responded: why are you wasting your time for $15, when you could write a quick article and earn $150?

I’m not kidding: that was literally the beginning of my writing career. My first-ever article was published in 1993.

I just needed someone to point out the obvious to me.

Let me be that guy for you.

The other night I got some of the best feedback I’ve ever seen for any of the live presentations I’ve arranged for my readers.

Rachel Rofe is an expert at using print-on-demand services, coupled with sites like Amazon, to sell simple but in-demand items (like coffee mugs with funny sayings that appeal to particular niches). No design skills necessary — or believe me, I wouldn’t be promoting it.

Here’s the replay of that webinar:

Someone wrote to say:

“That was the BEST webinar for this type of stuff that you’re always promoting. I’ve seen many of the others but she was awesome and unbelievably useful!!! I was up for hours last night creating products and marketing ideas on gearbubble, etc…. Thanks to you and her for the webinar!”

Real testimony from a real person.
If you hate it, no harm done. But you won’t. You’ll say: Woods, maybe there’s something to this Internet thing after all — and this actually seems fun.

The replay comes down tomorrow. Even though it’s free, it’s highly valuable info. You are going to be impressed.

Make the time to watch before it’s gone forever:

A Miracle Has Occurred: An Online Workshop Actually Teaches You Something

March 17th, 2017   |   By Tom Woods

Here’s how a lot of online workshops run:

Hey, everyone, here’s five percent of what you need to know. For the rest, that’ll be $4997.

I’m personally fine with that. But I get that it can be frustrating.

Not last night. We got step-by-step training, including the exact free tools to use, and where to find ideas, to create products to list for sale on eCommerce sites.

And yes, although that sounds technical and kind of awesome, you also learned it’s not brain surgery.

Now it’s true: Rachel is not a registered charity, and she does have an offer for you at the end. I think folks on this list are OK with that.

But before getting there, she walked us through a whole lot of immediately actionable stuff. I’m new to eCommerce, so I definitely learned a lot.

Judging from the comments, you guys loved it, and I’m glad. What she’s describing is newbie-friendly, and something you can spend as much or as little time on as you like.

Lots of people already do this: with zero artistic ability, they use online platforms to create print-on-demand products. No outlay of cash, no inventory to hold, and definitely not difficult to learn.

Newbie-friendly, in other words.

There’s a countdown clock above the replay, so be sure you find the time to watch:

Mug Shots

March 16th, 2017   |   By Tom Woods

I think some people don’t believe me when I say, “You can do this.”

So in this post I’m showing you a couple of images of print-on-demand products Rachel Rofe created, and that have sold well on Amazon (and other eCommerce sites).

Here’s one:

Here’s another one:

If you’re saying, hey, I could come up with ideas like that, you’re right. In fact, that’s what I’ve been trying to tell you.

All you need are the tools, which are generally free. And if you also need a source of witty ideas, Rachel has one for you — and you’ll be asking yourself why you didn’t think of it.

Want to watch how it’s done? Join us tonight (Thursday) for a step-by-step presentation.

No need to hold inventory, and no big investment. Just some basic ideas, and boom — you’ve got products (and some extra bucks).

Reserve your seat, and watch with your own eyes:

Big Companies Are Killing the Little Guy? I Call BS

March 14th, 2017   |   By Tom Woods

We hear it all the time: big companies are crushing their smaller competitors.

Amazon is offered as a case in point.

These people are thinking about it the wrong way. Thanks to Amazon, small booksellers that would otherwise have struggled to keep their doors open can now make their products available for sale via an international infrastructure that gets massive traffic, and which they themselves didn’t have to lift a finger to create.

Amazon was the savior, not the killer, of these companies.

And the same goes for you: if you had something to sell, why wouldn’t you want to take advantage of the brand recognition and huge traffic of a site like Amazon?

But Woods, you say, I have nothing to sell.

That’s what you think. But using print on demand services, you can have something to sell 20 minutes from now, and not have to buy (or ever touch) inventory.

Mugs, pillow cases, all kinds of things become impulse purchases when they feature or say things that appeal to people in particular niches.

And in the same way modern technology makes it possible for a technical dolt like me to do audio editing, it also makes it possible for an artistic dolt like me (and you, perhaps…?) to get a design or a saying, put it on a product, and sell it through Amazon and other eCommerce sites.

Other people are doing this every single day, using free tools available to anyone.

It’s a perfect little spare-time project — and one that can turn into a whole lot more.

Want to watch it done right before your eyes? Join me for a presentation with Rachel Rofe, who’s an expert at this, on Thursday:

I Sought to Learn Ten Languages, and Learned Zero

March 13th, 2017   |   By Tom Woods

When I was a young man, I was totally undisciplined.

I was a nerd, yes, but you knew that part.

I would go to the bookstore, see a book on teaching myself Italian, and get all excited at the prospect. I’d buy it and take it home, all set to get started.

By the time I’d reached page nine, I would have found something else that sounded exciting, and my ambitions to learn Italian would have dissipated as quickly as they had begun.

I see the same phenomenon among good people who want that online income stream.

They buy something, get 10% through it, and then buy the next thing.

They never focus on that one thing.

(This is almost as bad as the folks who want that income stream but never actually do anything at all, have no plan for reaching their goal, and then sip tea wondering about what might have been.)

So here’s what you should do.

Focus on this one thing.

Join me this Thursday night for a presentation with Rachel Rofe, who will take you through all kinds of free resources you can use to create things people love.

Woods, I can’t create anything!

Yes, you can. Do I really have more confidence in you than you do?

These are print-on-demand products — with particular emphasis on coffee mugs — so they don’t even get created until someone orders them. That means you don’t have to spend anything on (or even hold any) inventory.

See why it’s so much easier to be alive in 2017 than 1957?

One little witty line, often with people passionate about a certain niche in mind, and you have a product people really do buy. I promise.

Learn how to do this (it’s idiot-proof), how to get started, and where Rachel gets her ideas (the source is right in front of you, but if you’re like me, you won’t see it until she shows it to you).

Yes, it works, and no, doing it doesn’t cost you anything.

See you Thursday:

How Technology Benefits Knuckleheads the Most

March 9th, 2017   |   By Tom Woods

Technology makes what used to require all kinds of specialized knowledge easy to do.

It’s now possible even for a technical dolt like me to do audio and video editing, and manage an email newsletter. No one stops to realize how amazing that is.

The technology has also made it possible for a dolt like me to run a little online store, and use basic software to do the heavy lifting every step of the way.

This is how plenty of knuckleheads are cleaning up online every single day.

Instead of really, really hard, technology has made it bonehead-proof.

This is a newbie-friendly way in to the miracle of the Internet, and building up insurance against the pink slip.

I’ll be doing it right alongside you.

But the deadline is Midnight Pacific Time — tonight!

Steve and Aidan will start training their new crop of students tomorrow, so tonight at midnight is a hard deadline. No one will be allowed in after that point.

I strongly recommend joining one of Steve and Aidan’s final four training and Q&A sessions today, which will run you through the whole system LIVE. And you’ll learn a ton about how eCommerce works.

Reserve your seat:

Think it over, and I hope to be hanging out with you in their Facebook group swapping stories.

You’re Smarter Than a Knucklehead

March 7th, 2017   |   By Tom Woods

Today I have no cutesy story for you.

I have only something that will help you — a lot.

This site is all about monetizing your online activity, and developing additional income streams.

In 20 years, a lot of people will have figured out that the Internet is more than just cat videos.

For now, only especially ambitious people have figured this out.

Tonight we’ll be diving deep into the incredible world of online eCommerce. This is among the most newbie-friendly ways to get started online: starting simple stores and targeting them to the right audiences.

While your friends are watching cat videos, you’ll be doing this. As will I, by the way, since I’ll be starting one of these stores right along with you.

Tonight’s training is different from what we covered in last week’s presentation. And it’s the last time we’ll be hearing from eCommerce masters Steve Clayton and Aidan Booth live. I’m not kidding when I say almost no one is able to get these guys to do free workshops even once, and here we are doing it twice.

Trust me, plenty of complete knuckleheads are already prospering with eCommerce.

You’re smarter than a knucklehead.

If you don’t find this completely absorbing, I owe you a Coke.

“Someday I’d like to figure out how to create a side hustle online.”

Great idea. But it’ll happen only if you attend something like this.

We’re going to be packed to the gills tonight, so reserve your seat:

Bonehead Entrepreneurs Don’t Know They’re Boneheads

March 6th, 2017   |   By Tom Woods

It’s hard to pin down the single worst entrepreneurial mistake.

But here’s one I’d put in the top ten: rather than learning your audience cold and finding out what they want, you instead insist on what they should want, or figure you already know what they want.

So remember: it’s not about you. It’s about them.

It takes time and effort to learn your audience: what they read, what websites they visit, what products they buy, what their demographic breakdown is — all that stuff.

Once you know all that, you can target them precisely with Facebook, and you can offer them things they’ll gladly pay for.

That’s how you earn dough.

But to target them properly, you need to know all these things about them.

Here’s why I’m telling you this (apart from the fact that lots and lots of entrepreneurs overlook this fundamental point):

Last night I was playing around inside the members area of 100K Factory, the eCommerce training program created by our new heroes, Steve Clayton and Aidan Booth.

I opened up a sample “niche pack,” one of the new features of this year’s program. The niche: 3D printing.

Inside were two sample products to market to these folks. Nice.

But also included were:

— celebrities these people follow

— product brands they buy

— shows and magazines they’re interested in

— websites they read

— where they buy things

— the demographic breakdown of buyers in this group

— related Facebook pages and YouTube channels

In other words: the grunt work of researching this niche is done for you already.

How many niches have they prepared these niche packs for?

Oh, just 500.

Steve and Aidan poured $75,000 into researching them all.

If you ask me, they are way, way underselling this feature of their program. This research is pure gold, and they’ve done it for 500 niches.

They’re closing the doors on their program literally forever in 72 hours. I got them for one last private training and Q&A session for you folks. Please set aside the time for this.

Hundreds of us are already on board and excited to get started in newbie-friendly eCommerce.

Is this your time to jump off the fence and start a new chapter in your life? If so, I’ll be learning and doing it right along with you.

Step one is to join us live tomorrow (Tuesday) night:

Forget About Machines Taking Your Job; If You’re Smart, They’ll Earn You Dough

March 6th, 2017   |   By Tom Woods

I like when machines do my work for me.

Machines can even find people who would like what I have to offer.

It’s called Facebook Lookalike Audiences.

Facebook looks at people who buy what you have to sell, finds demographic patterns and interest commonalities between them, and then generates additional traffic that looks like these people.

Or how about this:

Someone puts a product in the shopping cart, but for whatever reason never finishes the checkout process. (This happens a lot, by the way — maybe they get distracted, or they don’t like the shipping cost, or whatever.)

You can have Facebook present a special ad that says to these people: hey, we saw you put that backpack in your cart but didn’t buy it. How’s an extra 25% off?

This is called “retargeting,” and it can be used in lots of different ways. By some estimates, eCommerce profits increase by 20% when retargeting is used.

Steve Clayton and Aidan Booth — both eCommerce millionaires with excellent reputations — recently met with 20 of their most successful eCommerce students, and every single one said retargeting had been a huge win for them.

As you can see, there’s a lot of amazing stuff out there. You should learn about this stuff. People who know about it are absolutely cleaning up online. These are people who are much less intelligent than you.

I’ve recruited Steve and Aidan for one more workshop for my people. This isn’t the kind of thing you should want to miss.

Everybody wants an additional income stream, but almost nobody ever does anything.

These guys run little online stores from the comfort of their homes. Knuckleheads with half your IQ are also doing this.

Check it out, and take notes:

FREE EBOOK: Five Paths to an Online Income

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