Well, well, well … if this aint the mother of all catch-up posts. So much has been happening in the world of OneDollarBlogger, that I’ve fallen behind schedule with my reviews. That is something I shall now remedy.
Before I start this week’s review, I’ve got a little something to share with you:
I made some money!
No, seriously. I actually made some money, online, using what I’ve learned with The Shoemoney System.
Following my last review, I looked for ways to apply what I’d learned about arbitrage. It’s quite simple really. I looked for something selling at a reasonably cheap price, and then re-sold it for a profit. Let me show you what I did …
Arbitrage. Here’s where The Shoemoney System is starting to get interesting. Over the course of six videos (released one-by-one over 14 days, as per the system’s model), Shoe explains the basics of arbitrage. Look up arbitrage in a dictionary, and you may get a definition like this:
The simultaneous purchase and selling of an asset in order to profit from a differential in the price. This usually takes place on different exchanges or marketplaces. Also known as a “riskless profit”.
Ask the hivemind over at Wikipedia, and here’s what they say:
In economics and finance, arbitrage (IPA: /ˈɑr.bɪˌtrɑːʒ/) is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices. When used by academics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, it is a risk-free profit.
Shoe says it’s the exploitation of a “market imbalance”, which is a phrase I liked upon hearing. “Arbitrage is everywhere,” Shoe says, “All you have to do is find it.” If you want it in simple(r) terms, here’s what arbitrage is to the OneDollarBlogger — it’s buying low, and selling high. Yep. Simple, right? Well of course, if it was so simple everybody would be doing it. But obviously, they are not. More on that before the end of the post …
After taking a short time-out from The Shoemoney System, I’ve been frantically watching & re-watching the first three weeks of videos, as well as the latest ones on arbitrage.
I gotta tell you – the latest set of videos on arbitrage have really got me enthusiastic about making money online again. But of course, that’s for my next post on what will be week four in the sequence of ongoing reviews.
Sing with me:
… da da da da / da da / da da / Can’t touch this!
What, you don’t get it? I see. Never heard of MC Hammer, huh?
Showing my age, you say.
Well, for all you younglings who don’t know what I’m talking ’bout, let me take you back to skool. Old Skool. (Hint, watch the video).
From the blogosphere to the twitterverse, the internet is abuzz with talk of the latest online video training system from Jeremy “Shoemoney” Schoemaker.
Shoemoney is an internet marketing and money-making superstar. You might know of him through his wildly popular blog Shoemoney.com, his numerous appearances as a keynote speaker, his top-rated Elite Retreat, or simply by way of that adsense check.
Either way, Shoemoney’s credentials are well established, and he has condensed all of his experience and knowledge into an amazing new training product that he calls The Shoemoney System.
The Shoemoney System is designed for new and experienced learners alike, and promises practical real-world solutions to get you truly making money online.
If you’re really interested, but need a little more assurance before signing up, here’s a list of posts, reviews, and resources to help you make an informed decision about The Shoemoney System:
Progress. That’s what it feels like this third week inside The Shoemoney System. After the mix of excitement and skepticism that I felt in week one, and my stilted attempts at learning in week two, I finally feel like I’m making a start.
And rightly so.
This is my second week learning from The Shoemoney System. I’m starting to get the hang of the course, if only after some initial frustration with it.
I’ve dived right into “Getting Started” videos where Shoemoney provides short intros (often around 1min long) to things like Pay-Per-Click, Video Marketing, and Link Building, as well as providing succinct explanations for all those industry acronyms — CPC, CPM, CPA, CTR.
Valuable knowledge.
But I feel like something’s missing.
Around two years ago, a friend introduced me to the money-making world of Robert Kiyosaki (that’s him in the pic above). Kiyosaki is an author, educator, and serial entrepreneur who made an international splash with his book Rich Dad, Poor Dad, and subsequent publications.
My friend had owned the book himself for some two years before giving it to me.
“It will change your life man,” he gushed.
I believed him.
A couple of days ago, I signed up for The Shoemoney System – a unique video training system based on the success of internet marketing guru Jeremy Shoemaker, otherwise known as Shoemoney.
Here’s what I’ve found so far.
