Category Archives: Blogging for Profit

Affiliate Marketing, Blogging for Profit, Make Money Online, school

Bankaholic.com sells for $15 Million!

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The incredibly famous blogger (& one of my three blogging heroes) Darren Rowse of ProBlogger wrote an article today about this one blog run by one man, Bankaholic.com is a WordPress blog run by John Wu, Darren said that he received emails reporting that Mr. Wu blog was sold for up to a nice $15 million to PaidContent.org The deal is to pay $12.4 million upfront and another $2.5 mill over the next 12 months and Mr. Wu will remaiun blogging on the site.
I think it’s a very fair (& a bit higher than normal) price for just one blog, but like Darren mentioned, with a current 42,168 alexa rank and a growing Google trends for the site, and the huge affiliate marketing potential on the blog, I also think that I made the right desicion for not selling this blog for $65,000 😉

The good news is this:
Again, perfect timing! As I announced yesterday about the new school, I will be revealing details about it throughout this month.
Well, I think that students will be happy that a big part of the school will be about (My number one passion) Blogging, and how to profit online from it. (Hint: The last sentence includes the name of the new school).
Also, I think students will be happy to know that I will include instructions and details on how to use and rank in alexa, how to integrate Google services into your everyday life and of course into your business, and ways to get a good “Organic” Google trends rank for your blog or website.
Also in the school…(Wait! I am not telling everything now, you have to subscripe to the feed by clicking here).

Thank you Darren for the perfectly timed info, and congratulations to Mr. John Wu for the great sale.

Announcements, Blogging for Profit, Blogging Tips, Make Money Online, News

$65,000 for this blog!

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The picture above is an actual $50,000 photo of cash I took out today from the bank.
Why did I do that?
I am just sick and tired of this one company (That they requested to remain anonymous) offers.
Here is the story in a nutshell:
4 Weeks ago, a New York based electronics company contacted me via the contact form asking me for my number!!
I thought it was like any consultation request or any developing service of mine. I was wrong..
Their “Sales manager” called me (Not even the companies manager nor the owner or CEO), simply to offer me $50,000 for this blog that you are reading right now.
As you may know that I migrated 5 of my blogs into this one, one of them was about gadgets (Electronic gadgets of course) and he said that they wanted to buy this blog, delete all categories (except for the gadget category), have me write for them for the next year in a regular bases, then they will redirect the URL to their own blogs…. HUH?!
First of all, this blog was appraised for more than that, then the fact that I would make this amount in less than a year, got me asking my self: Why stop the cash flow after a year?! And why would I work for someone else for an entire year?
I simply said: Thank you for the offer but my answer is no.
2 Weeks later the owner of the company called me (the day after my interview with John Chow) and raised the price to $60,000 and I don’t have to work for them (Except for a 2 weeks visit just to get them used to the blog “blog training” he said), I thought about it and said no again.
4 Calls followed some of them were very rude (That’s not a good way to do business) 2 calls were the day after my (interview with Yaro Starak).
They have contacted me again 2 days ago by email, the offer was $65,000, and left me with 2 choices:
Ask them for no less than $100,000
Or
Ask them to stop the rude and annoying calls and leave me alone.
I took my time to answer this time, I thought about my readership (You guys), I thought about the income that would stop coming in, and I thought about my future plans for this blog (Like the Online school I am working on launching soon), So I tweeted about it 2 days ago (If you follow my twitter you’ll know how annoyed I was). I guess they didn’t like that, I got a twitter reply by one of their employees asking to keep them anonymous.
OK… it’s over now… no wait another phone call this morning from the secretary telling me they want to raise the offers price but I have to approve to them that I actually make this kind of money, So I took on the challenge to send a clear message and went to the bank, withdrew the cash and used my photo studio to take the picture!!!
If all the above was not working, I thought maybe this blog post will, here it is loud and clear:
I am not “under-selling” this blog, for all the reasons above.
That’s the bottom line.
Another reason I blogged about this is for the lessons I learned that I will share with you:
Lesson 1: Don’t under estimate your power.
Lesson 2: Negotiate, don’t send rude emails or bad calls, be smart and you might get what you want.
Lesson 3: Don’t play games (Like having your secretary calling to raise the offer) just be straight forward.
Lesson 4: Don’t forget your people, your friends, your readers. They are the reason that made this blog as big as it is today.
Affiliate Marketing, Affiliate Programs, Announcements, Blogging for Profit, Blogging Resources, Blogging Tips, Interviews, News

Meeting JohnChow.com in Boston

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I have never thought that I will go back to Boston that fast, after being there for a week last year attending eBay live, in fact I still have photos to upload to my flickr account from last years trip (which I am planning on doing within the next week).

However, I was reading my RSS feeds from all over the Internet, like I normally do everyday (Of Course I am subscribed to www.JohnChow.com RSS feed) and I found out that John was coming to visit the U.S. attending the Affiliate Summit east in Boston.

I acted quickly and tried to contact John in every way I could (Mostly by commenting on his blog), and to my surprise, John answered: “Sure! Come on down.”

I quickly got a bus ticket online (it is a long 4 hours ride, but the bus had WiFi access on board, which was just perfect), and I went down to meet John.

Now I have to clarify this: I am not writing this blog post as a blogger, but as a loyal fan of his work.

John was absolutely a humble person, very quite, and straight to the point.

I took the chance to ask him for a video interview to be posted on my blog with some advice from him. He agreed 🙂 (The video will be posted on my YouTube channel shortly and on this blog along with a post).

After meeting John for 15 minutes (That’s all I needed) I felt that I was the luckiest blogger in the world for that moment, so I went on to keep lucky by going to an Irish pub to get my lucky charms from Boston (I had to kill time until the bus time anyway).

However right before I left John, he gave me a gift that any blogger or affiliate marketer will like:

As in the picture below: a duffle bag, a water proof flexible keyboard (lights in the dark), a 2GB flash memory/writing pen and a nice T-shirt.

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That was very cool of him, so I thanked him then I asked him this question:

The bag was from an affiliate company called Market Leverage, so I asked him what he thinks of the company, he highly recommended them as a good affiliate network, to check them out click here.

I will write more about this interview and post the video very soon. I will also have a big surprise for you guys soon 😉

This was like a dream come true to me, meeting 3 top bloggers in the world is a thing that I considered to accomplish within the next year, now I am one third done 🙂 (The other 2 bloggers are Darren Rowse and Yaro Starak).

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