Experiments With The 4-Hour Workweek
An excellent free course on niche web businesses
10Jul2009 Filed under: 3. Automation (Muse and Outsourcing) Author: RasmusI’ve seen and read a lot of material regarding business models on the net. A lot of these programs give you some free content but keep trying to drag you into their paid content. Classic.
However I’m currently viewing (it’s video) a free program called Niche Market Classroom, and I must say that I’m really impressed with the free content. I haven’t signed up for their paid program, but I am actually considering doing this, letting me say thank you for all the free videos.
Even though you have no intention of buying anything from them, you owe it to yourself to at least check out their free videos if you are into business models on the net.
The whole e-book business is something I will try to do once we Philippine guy’s calendar frees up (I currently have him on other assignements). I really like that you actually provide a physical product and thereby value to some end users. A lot of programs push the whole affiliate thing where you piggyback of other’s products. I’ not quite convinced about this just yet (even though the link above is actually an affiliate link and I have a few adwords campaigns running for affiliate products… guess they are being closed down soon 
)
By the way. I found out about this from John Jonas’ blog where he interviews Adam who’s behind the program.
Related posts:
- Tags: tip
11 Responses to “An excellent free course on niche web businesses”
Leave a reply
About this blog
Hi, my name is Rasmus and I live in Denmark. In January 2008 I read the book 
I am in the IT business and saw that some of the stuff Tim mentioned in his book, was clearly possible. And while I will never be as hardcore as Tim is, there were certainly ideas in the book that I could see myself using.
This blog is all about my experiments with Living The Four Hour Work Week - although my weeks are currently longer :)
Follow me on Twitter
bgbg
July 22nd, 2009 at 3:29 am
Hi,
I tried to sign up for their program, left my e-mail and then — nothing. How much time was it before you got the first lesson? Can you post links to all the lessons you have already seen?
Rasmus
July 22nd, 2009 at 3:51 am
Hmm did you enter your name and email address in the box on the right?! This should work (that’s what I did
).
How long have you waited? I think I received a welcome mail right away and then aprox. one mail per day with a new video link.
Free webinar from Niche Profit Classroom | My 4 Hours
July 22nd, 2009 at 4:43 am
[...] have previously blogged about the guys over at Niche Profit Classroom, just wanted to share that they are having a free [...]
Dom
October 7th, 2009 at 7:12 am
Hi,
I watched the videos and was kind of impressed. But then I tried some of the google searches from the video, respectively those which had “excellent” in the word matrix and discovered that where they had 294 results I had 15.900!!! (Talking about “guinea pigs breeds”). So my question is: “Isn’t that kind of odd?” Are their views fabricated to draw customers, willing to pay for the “cheap” membership, since it all sounds so great?
I would like to hear from you and your experiences on that matter.
Thanks, be well,
Dom
Rasmus
October 7th, 2009 at 11:40 pm
Hi Dom
Yes I get the same results as you. Something to remember. The videos can have been recorded some time ago, after this a bunch of members might have moved into that niche?! Also I can’t remember but does NPC also have a finished niche pack for this? Alot of the members of NPC simply download the niche packs and just throw them up on the net. All competing against eachother. I am trying to create my own unique content.
But again. Try to find your own niches, I have not used any of the ones provided by NPC. You can do your own research and only trust your own numbers. It takes time though to find a writer and get you first ebook written as I have experienced
Dom
October 8th, 2009 at 12:53 am
Hi Rasmus,
I have no problem doing my own research and work. however, if somebody shows me a system, that looks that good, I am always a little sceptical. If it’s too good to be true, it is not in most cases. That’s why I try to certify their claims. Like in for example in the gaming industry, where there is a lot of scam around. They all display fantastic screenshots of how their account explodes using a certain tool. Nothing a good graphic tool couldn’t do for you, but people pay for the illusion. So, back to the niche people, as I said I find the ideas great, but I’m still questioning, why they would bother sharing their system and thereby poluting their own fishinggrounds, you know?
One last thing, I have trouble accessing the Google-View, that they had in their video. I can’t select the number of websites in the overview. There is only data regarding the searchvolume but not the results, did google change that?
Thanks for the discussion and your time
Regards,
Dom
Dom
October 8th, 2009 at 3:34 am
By the way, I have an additional question. Speaking of producing an ebook, I did some research on that matter. It seems nowadays as though everbody is giving everthing away for free or on the other side wants it for free. Now if you invest time and money to create an ebook, chances are, that only view people pay for it and afterwards it’s shared via filesharing before you made any profit. Or, some other honk already placed the same content on the inet for free. Why, I cannot understand since they had to invest some time into it at some point. How do you go about with this environment? I read Tim Ferris book and went about to think of some possible products e.g. an instructional dvd for a certain niche. Now a friend asked, why to bother producing the dvd and putting it out there? If you are successful and people show interest, it will soon be available on rapidshare or alike, and if you’re not successful, o well, then you will sell so little, that it’s not even worth the hassle.
So my question is, how do you deal with this problem? I know we all like to download for free at sometime, but once you are on the other side (sellers,producers) that great internet environment picture changes rapidly, doesn’t it?
Dom
Rasmus
October 8th, 2009 at 3:48 am
They “say” that they own aprox. 45 websites, so I guess that it would at some point be boring for them to create any more websites. Also… They have never shown any of their own sites except http://www.bettafishcenter.com/ because they don’t want the competition.
I have bought into the business model (not necessarily their nice screenshots and promises
). I can see that it is possible. Also note that I don’t expect more than max 500$ a month on any given website! For this to happen you would need 20-30 sales a month which is less than one a day (something that I think is possible).
When that is said, I cannot seem to find many success stories (even in their own forum called success stories). But again. Action is everything. Just buying into the idea of passive income gets you no where. You need to work a little for it before it can happen.
Rasmus
October 8th, 2009 at 4:43 am
Regarding the information products and copying. Well this depends. If your product is targetted young people who know what Torrents are. But the main audience of niches like “lawn care” etc are probably not the Torrent kind of people. Yes this is a problem, but if you write an ebook that gets pirated, then I think you have had a hit and are probably making money from all of those who are paying.
Alternatively you can use someone like: http://www.e-junkie.com/ who can actually “stamp” you ebook with the customer who bought it. But than again… this can always be removed. NPC makes no effort to protect the ebook.
Dom
October 8th, 2009 at 5:46 am
Hi,
now maybe we both got it wrong, how the whole NPC story works. At first I thought they do it like this:
1.Find a niche
2.create a product e.g. ebook etc.
3.Drive traffic towards their site using the money matrix
4. Cash-flow
Curious about the whole thing, but unwilling to subscribe for 67$s, I did some googling. There, I found a site where they were talking about the same procedure. But then I thought, Wait a Minute! They were talking about little effort at NPC, and 20$ investment. So how does that go along with paying someone to write a book, or spend the time writing it? There had to be an other secret to it. Well, I went on the Bettafish site and clicked to order the ebook, ending up on clickbank.com, an affiliate provider for digitalmedia including the ebook on their site. So all the do is affiliating in niches, and probably some emailmarketing, using the contacts you leave at their site. It is not their ebook. they just set up a nice productdisplay and whenever somebody buys it – cha ching cash comes rolling in. Also see http://www.squidoo.com/clickbankscam on this matter.
Hey, this is fun. Maybe we could help each other getting to the 4-hour-week. 4-eyes see more and 2 brains …. mmmh…brain more
Regards,
dom
Rasmus
October 8th, 2009 at 7:01 am
I was an NPC member for two months before cancelling the subscription. By then I had a good understanding of their model. They are basically using Clickbank for taking orders (as well as selling the ebook through affiliates).
Also notice that if you are getting say Philippines to write the content, you can launch a site with little up front payment.