Greetings Blog Family, 

The last couple of weeks I have wanted to launch my next experiment. Now that the first IME #1: Creating an eBook with Help is winding down, IME #2 can come to the forefront.

IME #2: The Power of Crowds

Like many of you. I am infatuated with the power, opportunity, and possibility of the Internet. It is exciting. Everyday I learn something new and grow in my understanding and experiences in the world of Internet Marketing and blogging.

Social networking has become a phenomenon in the online and offline world. The Blogosphere utilizes the concepts of the social networking daily. Then I came across this book. 

“We Are Smarter Than Me” by Don Tapscott explores the power of crowd sourcing. Crowd sourcing is essentially outsourcing to the Internet multitude. Basically, this boils down to creating a community and having them participate in the creation or establishment of your venture.

In the book, Tapscott illustrates how involving the outside world, businesses are able to make giant advancements. Examples come from R&D experiments, customer sells, to banking. Some of the companies discussed in the book were Netflix and Amazon.  The crux of the matter is harnessing the crowd or community’s collective intelligence to move forward.

The Experiment: is Crowd Sourcing Effective at the Development & Monetization of a Blog?

My plan for this experiment involves utilizing my Blog Family for ideas on the design, marketing, and monetization of a blog. I will be opening a niche site to you, Blog Family, in the hopes the crowd plays a part in the success of the site. The request is for specific ideas, tactics, and opportunities to maximize this niche. This experiment will be an open book. I will report on the findings and share the tactics. We all will learn and grow during this process. You are encouraged to take the ideas generated for your blogs. Get it, Take it, & Make it work!

The site: INVEST WITH PASSION! – Real Estate Investing Resource

I have owned this site since late 2005. The blog was added early 2008. yes, it took me that long to realize I needed a blog. Worst is this business began as a physical magazine. Production stopped in June 2008. It has been on and poppin in the blog world since then.

My Challenge is to craft questions for you in a forum to express yourself. I am going to take the weekend to think about it and re-read the book. It has been a while since I read it last and I want to brush up on the details of this book and get this right. It is going to be a great experience for all of us, I think. And I am very excited about kicking it off.

A Question:

After you check the site out a bit, will you consider joining experiment?

It will not require any registration. Just your reading this FreddieTaylor.com, examining InvestWithPassion.com, and placing your ideas and suggestions in the comments below or you can reach me directly through the contact page. I will temporarily summarize the suggestions and ideas that arise during the experiment in future post.

So, who is in and would assist in this undertaking??? Let me know your level of interest in the comments below.

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Greetings Blog Family,

I know it is late Sunday night and I am just getting this post together. But better late than never, I always say. So, here is my weekly goal setting post for you to enjoy and hold me accountable.

Last Week

What a week? Talk about running into issues, I did. But, I also like to think that I pushed forward as best I could to make the week the best possible. The bad news first, I did not complete my guest post for Adam over at Creadiv.com, thus it will be on my list again next week. No excuses. I just didn’t get it done…plain and simple. I must try harder this week to make it happen. I need to jump on my list a little earlier in the week, just an observation from the last week.

Next, my flip has an interesting story to it. My goal was to select a domain and post a site for sale within three days of starting and cutting down the time it takes me to get a site to the auction. The challenge came because the site I purchased didn’t promulgate all week. I purchased the site last Sunday and it still hasn’t promulgated to my hosting server yet! Needless to say, I am furious with this situation. The domain company I used was 1and1.com…and yes I am putting them on blast. They are crap!!! Despite many people telling me they have never had a problem. I called and spoke with them after 4 days of waiting and they verified that everything was right on my end, but they said there was a problem with the worldwide Who Is database and that was the problem.

Well, this was BS because on Thursday I got fed up and purchased another site through GoDaddy.com. This site was able to promulgate within an hour. So, I ran with that site.

EasyComposting.com is the flip and I was able to create it in three days. Friday, Saturday, and Sunday are the days that I worked on it. It is too late to post it tonight, so I will finish that on Monday and get it posted then. The only things that are left at this point is for me to write the sales copy and post it on SitePoint.com. I will have an update on Wednesday to let you know how that is going.

MyVegetarianLifestyle.com was the site that I posted for sale during week 9. The auction closed and it sold for a whopping $110. I was hoping for more, but am not complaining as it has provided addition funds to keep pushing my dream of becoming a profitable Internet Marketer. I am playing with house money and plan on continuing to push the envelop.

This Week

I have another big week planned with some bold action mixed in as well. I want to continue to push and move to the next level. My plans are to stay committed to flipping one site per week, thus I got to get hot and keep it moving. The EasyComposting.com site needs to get to auction on Monday and I must start on my next flip either Tuesday or Wednesday after dealing with 1and1.com to remove my domain name from being trapped in their “black hole” of a server. Let’s get to it!

1) Write Guest Post – This is what happens when you don’t finish your goals from the previous week. They get pushed forward to the next one. So Adam, you are going to get this guest post this week. I am making it a high priority because I got more big plans and must be known as a person that follows through on their commitments. I am.

2) Workout 4 Times – Balance is pretty important to me and the life of a blogger, so I have been wanting to introduce my health element here on this blog and this is the perfect week. Why is this the perfect week? Because I have been slacking on my workouts and now is the best time to get back to it. I will workout four times this week either at Ballys for some weight lifting or running the streets of my neighborhood. Since it has been a while, I will keep the runs been 2 and 3 miles for this week, but plan on getting those numbers up again. We will see. 

3) Post Next Site Flip – I am not talking about the EasyComposting.com flip because technically, that is last weeks flip. I have another planned and ready to go. During the EasyComposting flip I discovered that I could write articles fairly quickly as I wrote 5 today to get that flip done, so it should be a problem with the next niche that I selected. This one is going to be fun and I have the perfect theme for it. Cannot wait to share it with you, but I have to be finished first so no one beats me to the auction place, feel me?

4) Launch IM Experiment #2 – I have been talking about this for a week or so, and planning it for a while. There is a niche site that I own and have neglected for some time now. My plan is to experiment with a technique I found in this great book and see what we can come up with to build that site into a real money maker. I am sure some of the ideas that will come out of that experiment will be helpful and useful to you in your journey as an Internet Marketer and blogger.

5) Research a Niche Site - Ok, most of the bloggers I swing with in the Blogosphere have been pushing me to stop trying to flip so much and hold a few niche sites for myself. I have been saying that is part of my plan, but have yet to really push the issue. So, I will do some research on some niche words that I have been thinking about in order to launch a niche adsense site. I will be using the WPT One Theme developed by Adam at Creadiv.com for this site, whenever I get to the launch. Must do my research first. I must admit that I may be secretive about this project, but wanted you to know that it is on my goals list for the week.

6) Resume Posting on IM Experiment #2 Site - There was a posting schedule of three days a week on this site….and I will resume that this week. It has been long enough and I have made some significant changes to the site over the past week. Let’s get it cracking because it is time to stop playing and make this puppy generate some cash. Feel me, Blog Family?

Conclusion

That’s it. You know I have posting and videos to do for this site as well, but have grown accustomed to getting those done. Also, I have work for my appraisal business to do as well, but who doesn’t have extra stuff to do besides their blogging life. I am no exception, but it is all going to get done.

That’s another week here at FreddieTaylor.com. This is the 11th week in a row that we have set goals. Have you done this exercise once yet? Come on! What are you waiting for? You know you have goals and you know they are big ones, so stop kidding yourself into thinking that you are going to casually wonder to achieving them. That isn’t going to happen. You must get serious, write it down, and go for it.

Let’s go get’em!

First in the Mind, the in Reality!

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