Journey to Financial Freedom With An Online Business
My name is Tomaz Mencinger, and although this blog is about becoming financially free, my main profession is teaching tennis.
I’ve been a tennis coach for 15 years and my main focus is the mental side of the game.
I’ve also been quite friendly with computers all my life. My first computer was a ZX81. 😉
And, yes, I played games on a Spectrum, a Commodore 64, an Amiga and more, which I later employed for other personal pursuits.
I have a degree in Electrical Engineering, played semi-professional volleyball for 16 years, and yet both of these exist in my life now only as memories.
I started my first website in 2005, but had no idea how exactly I was going to attract visitors to it.
I wasted about $700 on design and hosting before I realized that I needed some guidance on this topic.
Maybe I was lucky, or maybe it was a matter of my persistent looking for solutions that I found Sitesell.com.
And the day I paid $299 for my first website, http://www.tennismindgame.com, was the day my life changed.
I learned what it takes to build a successful website and share my knowledge with thousands of tennis fans all over the world.
I also learned how to earn money online.
Fast forward two years and my monthly income from online business in July 2007 is $7,580 of which 98% comes from only 2 SBI sites.
My goal is to become financially and personally free; my contract with the Tennis Academy of Asia, where I work right now, ends on the 31st of December 2007.
That’s the last day of my life when I will work for someone else.
You can join me on this journey to financial freedom by subscribing to my feed and sharing your views by commenting on the freedomideas.com blog.
If you wish to contact me, email me at tomaz (at) freedomideas.com. I also have a profile here at Google Plus: +Tomaz Mencinger.
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I got an email a few minutes ago asking for a link exchange with one of my sites. My site offers information about everything related to conferencing, has a PR 4 and is listed in DMOZ and Yahoo directory among others. I usually delete suggestions like you’re about to read but this one really pissed me off and I even spent 2 minutes writing my response to hopefully help this guy get on the right track. (and to release my negative emotions 😉 ) Here’s his email: —– Original Message —- Sent: Friday, December 21, 2007...read more
Instead of including a few introductory paragraphs I’ll just go straight to the point and use Darren Rowse’s poll to show you why blogging for money sucks. Here’s a quick summary of Darren’s poll “How Much Did You Earn In October 2007 From Blogging?”: a) There were 3054 responses which, in my opinion, is a big enough number to allow us to rely on the results as being very accurate. b) There are actually some good earners who blog for money: – 9% earn over $15,000 per month – 7% earn between...read more
Having your blog and regularly adding useful content to it enable you to quickly build a small authority level in your niche. You most likely won’t achieve total financial freedom with your own little blog, but you will be able to establish some authority in your niche; unless, of course, you compete with all those money making blogs. 😉 It’s actually much easier to get incoming links and establish some presence online with a blog (especially WordPress) than if you build a large, static website. Why? Because … 1. Bloggers are very...read more
I’ve decided to organize a special thanks for all of those who contribute to this financial freedom blog by commenting on the posts. There are 3 main reasons why I am doing this: 1. I want to thank the best contributors for making this blog more interesting 2. I want to encourage and inspire the readers to achieve financial freedom 3. I want to give someone a chance to try Site Build It for free for 1 year Sitesell.com offers only once a year a special promotion where they offer two SBI packages for the price of one. This promotion...read more
First Parkinson’s Law: Work expands so as to fill the time available for its completion. If you are not aware of this law and you are a typical blogger doing your own stuff, then you probably start your day by checking your stats and your RSS reader to see what’s new in the blogosphere. And what usually happens is that this time spent reading other blogger’s posts expands to fill in almost all the time you have left. Eventually, you either have to go to work or to sleep or do something else and you realize that you haven’t...read more
As you probably know, the recent Google Toolbar pagerank update showed that many prominent websites have lost their visible pagerank. But this is only the beginning and here’s why. None of the websites or blogs witnessed any loss in traffic from Google. This means that their real pagerank is still there; it has not been penalized. It’s only the green bar that now shows fewer green pixels. Darren Rowse, in this update, has found out that Google has been after the paid links; Google wants to prevent buying and selling links based on the...read more
Many people have been exposed lately who were not so good at playing the Google game. They broke the rules of the game and Google has let them know that. At first, Google hit the bigger directories like Aviva, Alive and others. Rand Fishking wrote a great post about how Google was penalizing big directories, so I recommend you check what Rand had to say. Google then hit some of the more visible internet marketers like John Chow, whose blog dropped from PR6 to PR5 and was actually not being found even for the “John Chow” search in...read more
“An expert is a man who has made all the mistakes which can be made, in a narrow field.”Niels Bohr, Nobel prize winner for physics, 1922 If you want to become an expert in anything, not just internet marketing, you need to try your best to do things right by focusing on 3 keys. You need to experiment, make mistakes and learn from these mistakes. I first instinctively used these principles when I was learning to play competitive tennis. I would play practice matches with my friends and think to myself: “Let’s see what happens if I...read more
John Reese has just released a cool new widget for blogs that will supposedly increase traffic to your site. I say “supposedly” since we’ll all have to test and see whether this really works. 😉 As you can see I have added the widget below my Categories section and you can see some related articles in that section. If you click on one of those articles my blog will be credited with 1 point and one of my articles will appear on one of the related internet marketing, money making or financial freedom blogs. There is also a 10...read more
Since I started my main tennis website 2 years ago I have met and made many tennis friends among the internet community. If I decide to start a new tennis website, I can just send a few emails and I’ll soon receive good quality links. Not so with the Freedom Ideas blog. It’s my first internet marketing related blog and I basically have to start from scratch. The Freedom Ideas blog is only 2 months old I am still very active in getting quality links to it. Here are some of the ways I am building links now when this blog is still a...read more