Etim Davies Blog
Saturday, May 11, 2019
10 WORST MISTAKES BY INVESTORS
When looking at the topic of investments, one has to go through all the pros and cons so as to avoid being on the losing end when you can of a fact be a beneficiary. Today we are covering TEN of the worst mistakes investors(either newbies or experienced) make when investing. Most of the points here were gathered from trusted sources so as to bring you valuable information that will help you out. Let's get right in.
The TEN Worst Mistakes
- Investing in Something You Don't Understand
- Lack of Patience
- Letting Your Emotions Rule the Process
- Buying high and selling low
- Trading too much and too often
- Not reviewing investments regularly
- Expecting too much or using someone else’s expectations
- Over Confidence
- Anchoring to purchase price
- Not having clear investment goals
As an investor try as best as you can to avoid the above stated mistakes. We don't have to learn from experience all of the time.
Thursday, May 9, 2019
HOW YOU CAN MAKE MONEY WITH YOUR YOUTUBE CHANNEL
Do you know that YouTube is the world’s second largest search engine and third most visited site after Google and Facebook. Also, as of October 2014, YouTube has paid out $2 billion to rights holders since 2007, The number of channels earning six figures each year on YouTube has increased by 50% year on year. So, if you are thinking about setting up a YouTube channel, here are some few things to motivate you on your quest.
Setting up your Account
Before you can start earning from youtube, you would have to build your brand and doing that can take some time. Here are some of the steps to follow when setting up your own youtube channel so you too can start making some cool cash.Step 1- Setup and build your YouTube channel:
Your youtube channel is like your personality on youtube. It is your platform to connect with your viewers and fans. Ifyou have a youtube account, then you will have a channel as they go together. You can set up a new account, or you can choose
to make use of your previously existing account.
P.S. Your youtube account is the same with your
google account. Your google account has varying
features like your mail, google maps, google drive,
translate, of course YouTube among others.
Setting up your account should not be difficult from then on, just click on channel. Then you can create your channel, set
up your preferred channel name and voila!.
Step 2: Add content:
After your channel has been created, you can start adding content in videos. You could be posting funny videos, memes, musicvideos, Trailers, Tutorial videos. It all depends on you really, your channel is your community and you are their ruler.
P.S. You should have thought about the reason for your channel or your Niche. Makes you build an audience that knows what
you have to offer.
Step 3: Build an audience:
Your audience will depend mostly on the content you have to offer. If someone finds you videos interesting enough, he would share it with friends, which means you can get more views and more subscribers. That is the glory in having a niche. For example, if you are posting music videos, your audience would be music lovers, and there are millions of music lovers out there. This means if you work hard enough with your contents your viewers would be growing consistently.P.S. Building your audience is not a days job, you have to put in the hard work, have the will and be consistently giving contents to your viewers.
Earning with YouTube
- Get at least 4,000 watch hours annually
- Get at least 1000 subscribers
- Set up Google Adsense
- Market your videos elsewhere
Before you can begin to monetize your videos, Youtube has set a prerequisite for anyone that may be interested. To apply for monetization (and have ads attached to videos), creators must have tallied 4,000 hours of overall watch time on their channel within the past 12 months and have at least 1,000 subscribers.
If you have met the above requirements by Youtube, you can start monetizing your videos by signing up for AdSense you are applying to enable your channel for monetization by allowing Youtube place ads on your videos. Approval of your application may take about 24 hours for some people and it may be quicker for others, after which you can start earning from your videos.
After you have met the requirements for video monetization on youtube, you also can join the thousands of people earning from their youtube channel and you can start smiling to the bank.
Check out
After you have met the requirements for video monetization on youtube, you also can join the thousands of people earning from their youtube channel and you can start smiling to the bank.
Check out
Thursday, May 2, 2019
Bluehost Web services
If you are looking for hosting services, why not join the millions of people who trust Bluehost to deliver the best hosting services that are secure for your website or your blog. They have an unbeatable price, they are stable and above all, they are trusted by millions around the World.
An amazing thing about bluehost is that you can use it with the most popular Content Management System. WordPress.
What else could you want. Why don't you jump on this offer to get yourself hosted and start that website or that blog Today!.
How To Invest With Common Sense 1
Hello guys, Welcome to etimdaviesblog. Today we will covering a very vital topic in our financial lives. One we cannot overlook or over emphasized. Investing with Common Sense. Sorry I have not been up and doing lately, I have been dealing with some personal issues, but I am happy to be bringing you this very important topic today.
First off, What does Investment mean?
It is quite simple. We can look at farming as a valid example, the farmer plants seeds and harvests fully grown crops. Though, the crops don't just appear magically, we must put in the work to secure our investments. Just like watering the crops until harvest time and then, the farmer is full of laughter.
Investing is a really broad topic, I will try as much as possible to summarize every points to the level where you still get to understand it fully.
As we have stated earlier, Investing is the process of investing money for profit. In layman's terms, it involves putting your money out there to go and work for you. Investing is your best bet if you are looking for financial freedom. If you don’t want to work all the days of your life and you want to make money while you sleep, Investing should be your main game. Like they say, “If you don’t find a way to earn while you sleep, you are going to work until you die”. I wouldn't want that for you, I therefore urge you to invest wisely.
Jumping into Investment isn't what you want. There is something called “Security” in investment. It simply something you have in place to make sure you invest without losing your capital. That is, if you invested $5 you should be sure of getting at least your $5 back. Security helps you to make sure you don’t fall into a huge mess in the form of DEBT.
Moving forward, you need to get conversant with the idea of investing. You need the basic knowledge on it and that is what I will be providing for you in this post.
- Stocks and Shares
- Bonds
- Mutual Funds
- Precious metal
- Assets
- Liabilities
We will briefly look at the explanations of these terms.
Stocks And Shares
Stocks are simply indicators that you have part ownership in one or more companies. Shares on the other hand are indicators that you have ownership in a particular company. The sales of stocks and shares are done in the stock market. One can make massive profits from stocks when the worth of such stock has appreciated in value. For instance, I acquired a share in the Nigerian Breweries in 2009 for $10, and in 2018 the returns are over a thousand dollars. Amazing isn't it. Do note that it doesn't always happen that way. You might get lucky or you might not.Bonds
Bonds are simply an amount of money invested by someone that is lent to someone else and returned with interest. Simply put, bonds are owned by creditors and money lenders who gives loans to people with aim of making interests from it.Mutual Funds
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. As I mentioned above, securities are just to make sure you are not on the losing end.Precious Metal
These includes Gold, Silver and bronze. There are people in the business of selling precious metals. It is a good way of investing because they are always appreciating.Assets
Another terminology to be conversant with when it comes to the topic of investments are ASSETS. Assets are usually belongings or properties that brings in monetary returns to you. Some examples includes: Arts, precious metals, Land and a most popular one is Real estates.Liabilities
Liabilities on the other hand, are unnecessary expenses on ones head. A liability is a debt owed from one company to a person or company that is not an owner of business. A typical example are Bills payable. It should be interesting to note that investing could include many different things.It is not just limited to the things that are listed above. You could also invest in a startup company, one that you believe has what it takes to succeed. There is also the option of the Internet. It should be noted that as of April 2019, 56.1 percent of the world population has internet access. In 2018, 47.1 percent of the Nigerian population were internet users. I would therefore recommend the internet as a valuable asset to everybody because half of the world is a potential customer. There is also the option of agriculture and private education.
Basically, you need to have a foundational knowledge on what investing entails. After that is done, you can move on to begin preparations which includes you setting goals. Where do you hope to get in what time with the investment you are making. Those are the kinds of question to ask yourself. Make relevant research, try to gather as much information possible so that you can learn, then go ahead to invest.
When one is going into the world of investment, it is advisable to get an Advisor. Why Financial Advisors Are Important. Financial matters can be complicated and it is the work of a financial advisor to make it less complicating. You must be sure that your financial advisor must be very experienced for effectiveness. They are important because they help you protect your asset. If you are just starting, there is no need to think too much, you just have to do more work and more research in order to avoid being scammed or investing in the wrong thing, this can be costly.
You should take a general review to check and see what worked and what failed, make necessary corrections so as to make sure you get better, avoid the mistake in the future and invest again. Make sure to do this all the time, because we are always learning, from both our success and our failures.
Please stay tuned for the second part of this post. Coming very soon!
Do not forget to share this. Someone might just need this information.
Sunday, April 28, 2019
AFFILIATE MARKETING
AFFILIATE MARKETING
(What You Need To Know)
Affiliate marketing is one of the most reliable means by which many earn money today. Therefore becoming an affiliate marketer is something many would consider and engage. Affiliate marketing could be done by any body who desires to take part in it, it can be very lucrative and that is why many bloggers out there makes use of this brilliant opportunity to earn extra cash. There are varying options to consider if you are or want to become an affiliate marketer. This article is to show people the advantages of affiliate marketing, what it takes and the various platforms on which you
can become an affiliate.
Meaning of Affiliate Marketing
Affiliate marketing simply is a performance-based marketing which rewards the affiliate, be it one or one hundred, for any visitor or customer that is brought to the marketer. Affiliate marketing could be a reliable source of passive income if carried out correctly. It simply involves an individual partnering with a business or an organisation with the aim of earning a commission while referring visitors or customers to the business or the organisation's products and services. That is a straight forward explanation, but there is more work to be done in order to succeed as an affiliate marketer. That is what we will be covering here on etimdaviesblog.
Affiliate marketing process generally involves four parties: The Affiliate website, the affiliate network, the advertiser/ affiliate and the buyer/ customer.
How it works
Affiliate marketing just requires you to refer a customer or a visitor to your partners link and if visitor purchases a product on the site, you get rewarded with a commission from the sale that was made. The company gets notified that it was you who brought the customer, then you get your pay. The idea is quite simple but doing the work is where it gets a little bit complex.
If you are a blogger or you own your own website, its a plus to you because you work a little less compared to some individuals who are affiliate marketers, but it all depends on the success of your blog or web page.
How To Be Effective As An Affiliate
As we already know of the fact that Affiliate marketing requires us to help make the sales of goods possible, we might not be able to fully perform the tasks involved if we don't have passion for the product we are actually advertising. Imagine me trying to sell you a boat that I know quite well that I would not buy if it were up to me, I would not be able to fully convince yo on why you need to buy the boat. That is exactly how it is. It is advisable that you become an affiliate to a product you like and might have tested or a product you know very much about; the advantages and uses of such a product and why one should get the product. It's like defending your project in school.
Another thing to note about Affiliate marketing is that it requires your time, energy, determination and patience. Being an affiliate can be very a lucrative source of passive income, but if you wish that in your first month you will start earning tons of cash, this is a reality check for you. Affiliate marketing is not a Get-Rich-Quick scheme, it requires time, effort and patience, except of course, you have gained some level of experience on the subject matter. If you are a newbie, it is close to impossible to achieve that. This is because you will have to build your marketing skills, you will have to do the work. If you are a blogger or you have a website, you will have to build your traffics/ your audience to be able to make anything reasonable. On the long run, if you continue without giving up, you will start enjoying the benefits enjoyed by many successful affiliates out there. If you help others solve problems like you would a friend or family member then you’ll be rewarded more times than not. It is a really great tip to keep at the back of your mind.
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Things To Avoid In Affiliate Marketing
Cutting corners
This is a no go area for you as an affiliate marketer, whether you are a newbie or not. You will lose everything in the process and end up with regrets. Stick to the "slow and steady" routine, as that is the only guarantee of long-term success as an affiliate.
Distractions
As a newbie, a lot of thoughts would be running through your minds as to a niche to stick to. Make sure to stick to a niche. You can't effectively perform your tasks well if you are advertising almost all products you see. You might end up selling none. So, it is best to stick to a niche and avoid distractions for effectiveness.
Taking actions without putting thoughts down
As an affiliate, you want to always make sure you have things well planned. You should not rush into decisions you might later regret on the long run. Take your time to decide a niche, because it will determine a lot of things. Put into consideration the product you are advertising for, so as to avoid time wasting. It is advisable to become affiliates of already known organisations.
The same way there are things to avoid as an affiliate, there are also tips from some successful affiliates to help you out on your journey. Some of the notable things about them are:
- The passion they have for their website, the audience and their brand.
- Their genuine concern on how beneficial their brand is to people.
- Their level of commitment to the success of the brand.
- Their willingness to learn more and to challenge themselves to do more.
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Affiliate Marketing Platforms You can Utilize
There are various platforms to explore when it comes to the topic of affiliate marketing. There are International organisations who are into the business of affiliates and there are some of the Locals available here in Nigeria.
AMAZON ASSOCIATES: This is one of the oldest and the most trusted platform for affiliates to utilize. As a matter of fact, Amazon became what it is today through the power of affiliate marketing. An interesting fact is that it is very easy to become an affiliate of Amazon, irrespective of where you are in the world. All you need do is to make sure you make sales and you will earn your rewards fairly.
Other affiliate marketing platforms you can explore are
-CompareTheMarket.com/ GoCompare.com
-MoneySavingExpert.com
-ThisIsWhyImBroke.com
-Clickbank
-FlexOffers
-MaxBounty
-Awin
-Share-a-sale
-Commission Junction(Popularly known as CJ)
Then if you are based in Nigeria, you could check out
-Jumia affiliate
-Konga affiliate
-Bet9ja affiliate
-Web4africa affiliate
-Wakanow affiliate
If you want to explore more options on how to earn some side cash or passive income, you can check out Other ways to earn Passive income here. In there is a detailed list on some of the ways you can earn legitimately.
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Thursday, April 25, 2019
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About Etim Davies
- Etim Davies
- I am Etim Bassey Davies, I am in my early 20's and I love to explore the various wealth creation options I come across. I am the only guy and the last born in a family of five. I do know a bit about web design because it is cool. Life for me hasn't exactly been a bed of roses, I've had numerous challenges but I overcome them all. I don't believe in impossibilities, "Anything is possible if you really want to acheive it, Impossible is only a term i use when I don't want to do something. I believe knowledge is power, which is why I love to explore all means i can to gain them. I have plenty of role models; GaryVee, Tai Lopez, Bill Gates, Cristiano Ronaldo(He is a really smart business man) and a couple others. I am always searching for opportunities to explore the money world. I hope to Impact in lives and I already have a plan in place(You should too). You can follow me on Twitter and IG @ EtimDavies. Facebook @ Etim Bassey Davies