How to Make Money The Honest Way

I’ve just spent rather a lot of time sifting through my growing family of Squidoo lenses and adding something to each of them in order to keep them current.

I’m sure a lot of you lensmasters out there have found as I have that if you don’t keep your lenses fresh, then they start to slip down in the Squidoo rankings, especially if they don’t get a lot of traffic. That would be fine if I’d kept myself to only a few lenses as most, but being the person I am, I just love creating new things and that includes blogs, websites and lenses.

So my family of lenses is approaching the twenty mark and shows no sign of stopping just yet. I keep getting these great ideas for a new lens, so off I go and create yet another one!

I sometimes wonder if I wouldn’t be better off channeling that creative energy into simply building new static websites. I have the means and the hosting in Hostgator, which allows me to create and host as many websites as I like for the same monthly fee. That way, all the traffic I generate will be for my personal benefit and I wouldn’t be constantly under the cosh to keep updating them.

Maybe I’ll do that too, but Squidoo does provide something that my own hosted websites can’t (at least until they are sufficiently matured) and that’s a good shot at a high page placement in the search engines from quite early on in their existence.

That in itself make it so worthwhile using this property of Squidoo for my advantage, because once a lens get a high placement, then it will naturally attract some decent traffic. That traffic can then be funneled back to one of my websites, so there’s a double whammy for each lens!

Plenty to think about, while going through and keeping them all fresh and up to date.

I believe it’s worth the extra effort!

Terry Didcott
The Honest Way

          

I’ve written about the benefits of Squidoo many times in my various blogs as well as over at the JV site I co-author with Monika (Blogging Web 2.0). But there is one minor benefit that I haven’t mentioned yet, simply because it had not affected me until today.

That is the fact that Squidoo pools all the money it makes from the many thousands of lensmasters’ efforts from generating the traffic that brings income from pay per click ads, as well as royalties from other sources. Each lensmaster is periodically rewarded with a proportionate amount from that pool, which goes into their own account as a positive monetary balance. One the lensmaster’s balance has reached a certain threshold (currently $10), then that money is transferred into your PayPal account.

As I am still building my business online, every little helps to build my own personal income streams – as many as possible, because I firmly believe that generating multiple income streams is one sure way of achieving a strong, reliable income from my online business.

The reason for this post, then is not just to highlight this small additional benefit of hosting a lens on Squidoo, but to let you in on the fact that I just made my first payday from Squidoo for the princely sum of $12.16!

Ok, I won’t be visiting the Mercedes dealership just yet, but it’s a start in the right direction from yet another income stream.

The beauty of this little income stream is that it is dependent on how many lenses you host and how highly they are rated. Their internal Squidoo rating is attributed to a lens due to the hard work put in by the lensmaster in keeping them fresh and continually updated with new, original content as well as attracting traffic to them from various sources.

As I now host quite a good sized family of lenses on different topics, my royalties earned from each one is combined to give a final figure for each accounting period. So the more active you are withing Squidoo, the greater your earning potential becomes!

Unless you are one of the few lensmasters who authors large numbers of lenses, you still won’t make a fortune from this, but as I already said, every little helps!

So if you haven’t already signed up for free and started creating your own lenses, why not get started straight away – it’s as easy as anything to squidoo!

Terry Didcott
The Honest Way

          

This will not be one of my longer posts…

That’s because I’ve already blogged about this on one of my other blogs, but feel it needs a good bit of exposure. It’s to do with Squidoo and lenses and how to make money with them by turning away from the usual niches that I’ve been involved in and trying something completely different.

So my newest lens is certainly different! A subject that most men wouldn’t even look twice at, in fact. But I did some serious keyword research and came up with this one. So if you’re interested to see what the dickens this new lens is all about, here’s the link:

Designer Bag !!!

Terry Didcott
THE HONEST WAY

          

Yep. I’ve been busy over at squidoo and created my 15th lens!

This one is for article marketers and writers alike who need to boost the online presence of their websites or blogs by writing and submitting articles to article directories. Most if now all article writers have heard of and probably use the services of eZine Articles, who are probably the top article submission directory of them all. But there are quite a few more to look at.

Over two hundred of them, in fact are listed on my new lens!

Yep, over 200 article submission directory links can be accessed at my newest Squidoo lens, so if you need to submit your articles to a few more article directories, or even two hundred more, you really must check out my lens. Here’s the link:

Article Directory List

Terry Didcott
THE HONEST WAY