The Apple iPhone 4 has invaded Dot Com Pho! After lining up for over 12 hours, Gary Ng of iPhone in Canada managed to secure himself the holy grail of cellphones. We had a great time playing around with Apple’s newest magic device and even used it to make an iMovie in real time! It’s very possible that future episodes of Dot Com Pho will be filmed, produced and uploaded from an iPhone!

In addition to the iPhone 4, this edition of Dot Com Pho featured an $8 million open house, how they sing the ABC’s in Asia and Stephen Fung trying, and failing, to apply the iPhone death grip. Anyone is welcome to join us for Dot Com Pho (we had a full house of ten people today). Follow me on Twitter to find the time and location of the next one.

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The value of a college degree is decreasing every year, but the head master of the university won’t tell you that. And my complaints is if the value kept on dropping and jobs that requires a bachelor degree is getting scarcer and scarcer every year, why are the tuition fee going up every year?

University’s Outrageous Cost

The average tuition fee for most universities is approximately $30,000 to $50,000 for four years for instate students. If you choose to go to private or elite universities, it can easily cost you $30,000 to $50,000 per year. Did I mention this is the cost before buying books and food?

These universities need to base their tuition fee on the earning potential of the students once he/she graduate. If the earning potential of an average student with a bachelor degree is weakening, should these universities’ lower their fees?

I mean, universities’ graduates with a bachelor degree today are being laid off in more parts of the United States than ever before. And with new students graduating every year, can you really compete?

3 Reasons to Quit College

Unless, you’re getting a 3.5 to 4.0 at elite universities such as Harvard or Yale, it’s a good idea to quit college and start a business. It’s not hard to figure out why college is a waste of your time even if all your tuition fees are paid for:

#1) Are You Learning About Something That You’re Passionate About?

Most college students are not passionate about what they’re learning about. If you’re going to college, you know this. In most case, you’ll have to take general class that you don’t necessary need for your major. It seems to me that college has become nothing but a business that overcharges you for little value of education.

If you’re passion is to become a doctor, I’m not saying that you’re going the wrong path. The mistake that many people make is to go to college, study a certain subject and then graduate just to work in a Wal-Mart. Nearly all the managers of Wal-Mart doesn’t have a college degree, so what’s the point of going to college in the first place.

#2) Will You Make More Money With Less Stress After Graduation?

College for me is just training you to be someone else’s employee; this is true even for business school. And the big question is what will happen after graduation?

Even if you land a job, you’re probably working hard to make more money for someone without a college degree. That’s if you can find a job.

But the real depression will hit you once you find out that you have to pay off those loans that you took out to pay for your tuition fees, books, and food during the four years. And all you got for those hardships is a degree and knowledge that you won’t be able to use for a long time. Did you know that most college graduates work in a field unrelated to their degree?

#3) Will You Get Your Time Back?

If you’ve been to college, you know that it’s not easy. Professors will give you a boat load of homework that needs to be done within a short amount of time, plus a test. Students are always thinking of ways to get away and actually drop out.

In my opinion, a motivated person who wants to succeed will succeed no matter what. There’s always a better path that the ones that our teachers and parent gave us. And only the true leaders will sought that path.

Most college students don’t have a life because they’re taking too many classes hoping to graduate soon and start their life. But trying to hard will make people tired and stressed out. But the real question is you using your time wisely and making every minute worth something? Make sure you are, for those times are gone forever.

Mindsets Are Difficult to Change

Since a child our mind were conditioned by our teachers and parents that a college degree is necessary to succeed. When you’re thinking a certain way for too long it’s hard to change that mindset.

But understand that the majority of the men/women who can afford to live during the past few decades don’t have a college degree.

More often than not, with a college degree you can afford to survive and out food on the table, but you can’t afford to live.

Deep down inside, you know this is true, but your teachers and parents have conditioned your mind, that if you don’t have a college degree, you’ll be flipping burger at McDonald the rest of your life. But I’m happy to let you know that a lot of people working at McDonald are making more than a college graduate because they actually have income and less debt.

3 Reasons to Start a Business in 2010

#1) We’re Living in America

The United States of America is viewed by most country across the globe as “The Beautiful Country” or The Land of Opportunity”. It wouldn’t have been viewed this way by so many countries and people in the world if it didn’t deserve it.

In fact, if you can’t get rich in America, you can’t get rich anywhere in the world.

#2) Procrastination Leads to Failure

If you want to do something you have to do it now and not some other day. This is because some other day never comes. If you decided not to do it now, chances are you’ll never do it.

2010 is a good year to start a business because the economy is still recovering, which is creating opportunities. Did you know that more people get rich during an economic depression than any other time?

#3) You’re Already Failing

Everybody’s afraid to fail, but you shouldn’t be afraid to fail because you’re already failing. You won’t understand this until you really think of your current situation.

If you’re going to a non-elite university majoring in something that won’t land you a job with the government, you’re failing. On second thought, if you can manage to graduate in the top 10 rank of your class, you’ll have a chance. This means studying from dawn to dust and not having a life for at least four years.

Lucky for you, there’s no dead end (not if you’re living in America). Whenever I think I’m at a dead end, there’s always that light that shows me a path to leave that dead end behind.

Final Words

I understand that this is a daring topic and will get me some negative comments, but I have to let the truth be told.

And I’m not encouraging anyone to start a business without doing any research (that’s stupid), but I do encourage people going to college to consider a different path. There’s nothing you can do with a degree in biology or history besides teaching at a school. 2 to 3 months of summer vacation, I would go for it.

If you’re a student majoring in literature, make sure you start writing your own books to sale. Being an author and selling your own creation is a good business you can start. But if you just want to go online and ramble like me, you don’t need a college degree. On second thought, you don’t need a degree in literature to become a bestselling author.

No matter what you do, make sure your passion comes first. You can make money anywhere, so why waste your precious time working towards a job that you have no passion for.

About Nathan Lee: Nathan Lee is a 21 years old entrepreneur who enjoys blogging about making money online and women. Visit his websites http://networkmarketinglearningtools.com and http://modernseduction.com to learn more and download his eBooks completely free.

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When we last left the most connected person on the Internet, Dr. David Klein (DK) was asking you to submit your questions on networking and how to connect with people who can help you achieve your business goals. You sent him hundreds of questions and he’s come back with the answer in 40+ minutes of videos.

The videos are free to watch and very entertaining as well. There’s even a bonus bloopers footage featuring Jenny and Cait acting like Tweedle Dee and Tweedle Dum. All you guys will like it, I’m sure. Silliness aside, the information DK and Jenny puts out in the video is extremely valuable. Let’s face it, we live in a world where it’s really who you know and not what you know that is important. Life is just so much easier when you’re connected to the right people. Watch the video to find out how to be a networking ninja and get connected.

Click Here To Watch DK and Jenny on How To Be A Networking Ninja

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OK, here’s the deal. Shoemoney System 2.0 cost $497. If you purchase it through my link, I’ll give you a $500 review on John Chow dot Com for FREE! Buy Shoemoney System for $497, get a $500 review. Net effect: you’re ahead of the game by $3! If you’re thinking of buying a review on here in the future, then this is a no brainer and you should take advantage of it right now.

This offer is open to the first 50 customers who order through my link. If you’ve already bought Shoemoney System before I made this offer, don’t worry about it, you’ll be getting the $500 review. You can claim your review after the 60 day refund period has expired. I expect to sell out these 50 spots really quick so order now if you don’t want to miss out!

Buy Shoemoney System 2.0 and Get a $500 Review on John Chow dot Com

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My buddy Shoemoney has just opened the doors to his new Shoemoney System 2.0. With Shoemoney System 2.0, Shoe will be taking a small group of people through an intense, full-blown video course designed to teach you internet marketing inside and out.

I’ve known Shoe for many years. I’ve been to his house, seen his office and even competed against him in the Top Affiliate Challenge. Shoe is the real deal and he’s someone I turn to when I need help with my internet marketing. Shoemoney System 2.0 is the best IM course you are ever going to come across. A few of he features include:

• Top to bottom video training on how to get set up, how to run it, and how to bring in the cash…
• Full on interaction and support with Jeremy and his staff to cover whatever else you need…
• 60 full days to try it all out risk-free…
• $2500 in advertising coupons to promote your new Internet business!

If you want to learn internet marketing from one of the best in the world, Shoemoney System 2.0 is the course to take. But you gotta hurry. With all the live and 24/7 support, I know that Shoe can’t keep this open forever. Go get it now.

Click Here To Get Shoemoney System 2.0

Discover the SECRETS I’ve Learned to go from zero a month to over $40,000 a month from blogging. Download Make Money Online with John Chow dot Com for FREE!

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Here’s a video from my presentation last night with the Vancouver Business Network. The meetup was attended by over 100 people which I found amazing considering it was a beautiful sunny day and I expected most people would rather be at the beach instead of hearing some guy talk about how to have time, money and location freedom.

The presentation was based around my eBook, Living The Dot Com Lifestyle: How To Have Time, Money and Location Freedom. If you’ve downloaded a copy of the eBook, then you’ll have a pretty good idea on what my presentation was about. If you don’t have a copy, you can get it by downloading the Ultimate Blog Profit Model.

It was great to see such a big turnout and I met a lot of interesting people. Judging by the comments posted at the meetup group, my presentation had a very positive reaction. The video is an hour long and includes the Q&A. You might want grab a drink before watching it.

Discover the SECRETS I’ve Learned to go from zero a month to over $40,000 a month from blogging. Download Make Money Online with John Chow dot Com for FREE!

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Advertising on the Internet can be an expensive endeavor, but that doesn’t necessarily have to be the case. You just have to know where to find the best deals.

You might remember using Entrecard some time back and you might even be using it today. Well, there’s a new Entrecard promotion for new advertisers and that’s why the network has ordered up today’s review. Is it worth your effort? Let’s find out.

What’s the Special?

Under the regular EntreCard system, you place the widget on your site and accumulate ad impressions. These can then be traded in for credits that can be spent on advertising for your own products, services, and websites. It is also possible to buy advertising credits and that’s where the special comes into play.

The “super discounted advertising special” is available for a limited time only (though they don’t say when it’ll be taken away) and it gives you more impressions at a significantly reduced rate. Pay $10 and EntreCard will guarantee a minimum of 40,000 ad impressions.

That works out to less than $0.25 CPM, which is 65% off the regular rate with the EntreCard network. The restriction is that you can only use 125 x 125 banner ads (which is the only format for EntreCard) and that you have to advertise across the entire network. If you choose a specific category, the CPM is higher.

A Super Simplified Dashboard

From what I can see, this advertising special seems to be a little separate from the main Entrecard system as it has a separate login section. That said, it’s likely that you can integrate it with an existing Entrecard account as well.

The main dashboard is remarkably simple and easy to understand. You can see the latest buzz from Entrecard, your current account balance, your current rate cards, your current campaigns, and links to viewing your transactions.

Adding money to your account is done simply with the “increase balance” link in the left sidebar. After choosing the amount you’d like to add, you are directed over to PayPal to complete the purchase process. Your funds are added instantly and can be spent immediately.

Adding a New Campaign

When it comes to adding a new campaign in Entrecard, the interface is even simpler than that of the main dashboard.

You only have a handful of fields to consider. You upload your 125 x 125 pixel ad banner, define the target URL, tick a checkbox if necessary, and select the category. In this case here, you can see the ad I set up for my blog. I also set up a campaign for the book I co-authored with John.

Both of these are visible from the main dashboard shown above, as well as their current status, number of impressions, number of clicks, CPM (cost per 1000 impressions), CPC (cost per click), and click-thru rate (CTR). This is all straightforward and easy to understand. To track conversions, you will need to use a third-party tracker of some kind.

An Entrecard Bargain?

Relative to some of the other advertising options that are available on the Internet, the Entrecard sponsorship deal sounds like it can be quite a bit more affordable. However, it’s not entirely clear how effective this form of advertising is and your mileage will surely vary.

The lack of targeting at the reduced rate is also unfortunate, because it means that you are advertising across the entire Entrecard network. Your ad will be showing on blogs that are not relevant to your niche and these can be viewed as “wasted” impressions, so to speak. That said, with a CPM of under $0.25, you can’t really complain.

CLICK HERE TO ADVERTISE WITH ENTRECARD

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There are thousands of dollars to be made in internet marketing, and the number of success stories of people earning thousands of dollars a month with internet marketing is growing every year. But there is a big mistake that I see internet marketers making all the time that is costing them thousands.

I am acutely aware of this mistake as I made it myself when I first started building my blog many years ago. As many people do I got swept up in the idea that I could make a full time income online blogging. After all is Darren of Problogger.net and Yaro of Entrepreneurs-Journey.com can make over $20,000/month why couldn’t I earn just $2,000/month.

So I started building my blog and I was blogging away 2-3 times per day (just like the pros do it) and within a few months I started seeing some progress…but not much. I was earning less than $100/month and I was working my ass to the bone. It wasn’t long before I was tired from all the work and poor from not making any money.

Little did I know that I was making the biggest mistake an internet marketer can make. It was this mistake that was keeping me poor and it wasn’t until I realized that much luck began to change.

I now work less than ever and earn more than ever. I don’t blog 2-3 times per day like I was doing. In fact I closed down my profitable blog because I was making more money in other ventures and I didn’t want the work that went with maintaining a blog. Now I just keep a personal blog for fun.

So what is this massive mistake that internet marketers fail to realize?

Not Building An Email List

That is right! Failing to build an email subscriber list is the biggest mistake you can make as an internet marketer.

The value of an email marketing list has long been debated, with professional internet marketers sitting on both sides of the fence. But the evidence for the value of an internet marketing list cannot be denied.

In his article Blog Marketing vs. Email Marketing vs. Twitter Marketing John proves that email marketing is one of the best ways to generate income online.

When I started my blog and was working myself into the ground to get it up and running I wasn’t failing because I was a bad writer or had a bad blog, I was failing because I wasn’t utilizing the power of email marketing.

Why Is An Email List So Vital To Your Success?

I have made a big claim here, but let me show you why an email list is so vital to your success.

You Don’t Have To Drive Traffic To Drive Sales

Traditional email marketing requires you to continually drive traffic to your site (and to affiliate sites) in order to make money. With email marketing you only have to drive traffic once, and then once you capture that persons email address you can market to them over and over and over again without having to drive them to your site.

An Email List Builds Over Time

Unlike PPC marketing (where the traffic stops if you stop paying) email marketing builds over time. Once someone subscribes to your email newsletter it is unlikely that they will unsubscribe. Some people will, but the majority of people will stay subscribed. This means that you can build your list over time, and the more you build your list the more money you make with each new offer you send out.

A Good Email List Is Like A Bank Account

A good email list is like a bank account. But when you need money, instead of going to the ATM, you send out an email. If you have a sizeable list that you have been building over time then you are almost guaranteed instant results…within the hour. Most other methods of marketing don’t work that quickly over and over and over.

It Can Be Completely Automated

If you use Aweber for your email marketing then you can completely automate your entire sales system. No more late nights writing articles or managing your PPC campaigns. You write your emails once and plug them into Aweber’s email autoresponder system. When someone signs up for your newsletter they automatically go through your sales funnel one email at a time. Aweber markets for you while you focus on the important things (like having fun).

You Can Focus

Everyone knows that focusing produces results. You are more likely to succeed if you focus on building one blog than if you try to build 50 blogs at once. The same comes for internet marketing. If you can focus on one thing you can generate better results. Because Aweber does everything on autopilot all you have to focus on is generating traffic. Your squeeze page is up, your emails are done and all you have to do is drive traffic and get subscribers. By just focusing on driving traffic you can receive better results than you ever would have if you were trying to do 10 things at once (update your blog, manage your PPC campaigns, set up affiliate sites etc etc).

Some people may disagree with me, that failing to build an email list isn’t the biggest mistake you could ever make as an email marketer. But the proof this there and it cannot be denied, email marketing is vital to your success.

Ryan McLean is a successful email marketer who has a passion for teaching others how to generate a passive income online. Visit his site http://richacademy.com to receive a free eBook that can help you generate a passive income online in your spare time.

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Shoemoney is back with this fourth and final free Shoemoney System videos. This time, Shoe is talking how to use the Fox Ad Network (FAN) MyAds. Fox has spent the past year revamping the MyAds platforms by extending the reach of the ads well beyond MySpace – you can now target all Fox properties (like the Wall Street Journal) with MyAds.

In the video, Shoe walks you through signing up for a My Ads account and setting up your first ad. To let you experience MyAds for yourself, Fox has made $60 coupons for anyone who watch the Shoemoney video. You can use this $60 to promote whatever you want. How cool would it be to see an ad for your blog on the Wall Street Journal?

Watch the Shoemoney System MyAds video now and claim your $60 coupon.

Clicksor CPV Full Page Ads $400 Promotional Offer

If a $60 MyAds coupon isn’t enough for you, Clicksor is offering $400 of CPV/PPV ads on their network. This is a limit offer to all new CPV full page popunder campaigns. This special promotional offer is good until July 30, 2010, the same time the MyAds coupon expires. Go get them both!

$60 MyAds Coupon | $400 Clicksor CPV Coupon

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The Vancouver Alpen Club is kinda like a sister club to the Austria Vancouver Club. Both clubs cater to German nationals looking for a taste of the homeland and both host an annual summer picnic. While the majority of the attendees were of German descent, the club welcomes anyone who is willing to pay the $5 admission price.

I’ve been so used to getting into events for free that paying any admission amount, no matter how small, seemed strange. Fortunately, I didn’t have the pay anything. It’s amazing how many events you can get into for free when you show up with a really fancy looking camcorder and a T-shirt that says, “John Chow’s Blogging This.” The lady at the front gate had a good laugh when I told her I was from Far East Germany.

The Summerfest picnic was held on the grounds of the Scandinavian Centre in Burnaby and feature good old fashion German folk music, lots of beer and some really big pig legs, also known as a pork hock. I’ve had pork hock before but I’ve never seen a pork hock as big as the ones served at the Alpen Club Summerfest. It’s too bad Stephen Fung wasn’t there because it would have made a good challenge for him. I was able to finish my pig leg, with a little help from a 4-legged friend.

Discover the SECRETS I’ve Learned to go from zero a month to over $40,000 a month from blogging. Download Make Money Online with John Chow dot Com for FREE!

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