5 Money Making Opportunities on Facebook

2011-02-20T23:38:00.000-08:00

Hi! I'd like share you this article. Hope you find it useful. (original article from this site, http://mashable.com/2007/07/26/money-making-facebook/)

With the release of its new platform, Facebook’s recent endeavor in social media presents a unique opportunity for marketers, developers and businesses to tap into the social network’s young, active, and viral crowd.

However, over the past few weeks there has been a rising concern among developers to uncover ways to monetize their Facebook applications. The curse of instant online success is that you can no longer sustain expensive servers to support hundreds and thousands (or even millions) of Facebook users. The question: how can the developers of Facebook apps actually make money? We don’t have all the answers yet, but here are 5 suggestions:

1. SELL. Develop applications solely for the purpose of selling them to interested parties. Several applications have already been acquired in this fashion; the most recent example is that of Mozes’ purchase of TextMe.

2. DEVELOP. An indirect source of funds: develop applications under contract for third parties. A number of companies have been posting contract jobs over at the Facebook’s developer forums. There exists a large gap in the supply and demand of available Facebook application developers; as a result, finding potential clients to charge reasonable rates should not be a hassle.

3. ADVERTISING. Use advertisements, cross-promotion schemes and affiliate marketing. It is not feasible to use Google Adsense for this since Facebook does not allow JavaScript embedding. Adsense may be embedded through iFrames, which despite being popular among Facebook developers, is against Google’s TOS. Affiliate marketing is a great alternative to advertisements; my own source of income on Facebook is generated through Amazon’s affiliate marketing.

4. MICROPAYMENTS. Sell services within Facebook through micro-payment transactions. PayPal payments made for accessing premium services could potentially yield reasonable income depending on the application’s purpose, size, and prospective users.

5. GET INVESTMENT. If you think you have something big on your hands and lack the funds to scale it, apply for investment through Bay Partners and others who have expressed interest in funding Facebook apps. This would be the likely course of action for a startup with plans to expand globally within and beyond Facebook.

——————Facebook has a huge active community. It is reported that of the 29 million active users, about half log in each day. This is a rarity among Web 2.0 companies (comparatively, Google Videos has about 3% active users). IfFacebook can convince its users to shell out $1 to send those silly virtual “gift” images to each other, then surely a clever developer or startup can find other approaches to earning money from a Facebook application that do not involve just drowning their users in ads.

Due to the pace of innovation over the web, it is imperative that companies jump on opportunities like these as they turn up. LinkedIn and Bebo are expected to release their own set of developer APIs as well; I personally cannot wait to be among the first to tap into that opportunity. I advise others to start planning as well.

This post is written by Jawad Shuaib, developer of Shuzak, a social network for geeks. He also built the “Favorite Books” Facebook application.

How to Become a Money Magnet

2011-02-20T23:07:00.000-08:00

Hi! I've come across this article over the internet and I couldn't help but share this one. (Original article found in this link... http://www.selfgrowth.com/articles/How_to_Become_a_Money_Magnet.html)

Do you intend to become an irresistible MONEY MAGNET?"

Then, get busy activating the universal LAW OF ATTRACTION Here are some steps you can take right away.

1. Eliminate from your mind any beliefs in lack of money

2. Eliminate from your mind the belief that "it is hard to make money"

3. Eliminate from your mind the belief that it is only possible to make money through a hard, painful, limiting job

4. Eliminate from your mind any belief in debt. This insidious belief will keep you in debt

5. Eliminate from your mind any belief in LOSS. This destructive belief will make you lose what little you may have

6. Eliminate from your mind limiting thoughts such as "It is too expensive", "I cannot afford it", "There is never enough", "I never have enough"

7. Open your mind to receive money from any source and any direction, even in the most unexpected ways

8. Start to appreciate, love and even bless whatever amount of money you now have. Say to yourself "Money is good. Money is wonderful. I love money and money loves me". This will signal your mind and the universe to send you even more money

9. Eliminate from your mind any resentment, condemnation or criticism of rich people. These thoughts will keep money away from you

10. Appreciate all the wealth and riches surrounding you. Appreciate the riches and wealth of others. Use the HUNA technique and whenever you see something you desire for yourself bless it and also bless its owner.

11. Always be thankful and grateful for whatever money you have. These attitudes will attract more money into your life and multiply it

12. Appreciate and even bless every dollar bill (of any denomination) or any coins you come in contact with

13. Love yourself and always put yourself first.

14. Remember to always pay yourself first. Pay your creditors AFTER you have paid yourself. This behavior will send a clear signal to your Subconscious mind and the entire universe that you always come first and that you deserve wealth

15. Believe you were born to win, you were born to be rich and that you deserve to be wealthy simply because you were born on this planet. That's reason enough for you to have wealth

16. Take some time during the day and imagine how you will use the wealth you have. In your imagination, buy that house, that car, those thingsyou desire. Let go of the thought that "I cannot afford it"

17. Instead of worrying about any money problems, do your best to WORRY about all the money coming your way and how in the world you are going to spend it to make you and others happy. Really WORRY about it

18. Do your best to start ACTING AS IF you are already rich, a millionaire. Constantly ask yourself "How/what would a millionaire think or speak in this situation?" Then, think and speak from that millionaire mindset.

19. Constantly keep telling yourself over and over that "It is real easy for me to make money, as much money as I desire"

20. Keep telling yourself over and over every single day that "I am a money magnet. I attract money like a magnet. I attract money quickly, easily, effortlessly and having fun. Money is now coming to me from every source and every direction in avalanches of abundance."

21. The Subconscious responds very well to very exact amounts of money. Therefore, set a definite amount of money you want to attract into your life. Keep telling yourself over and over that you are attracting that amount quickly, easily, effortlessly and having FUN!

As you practice the steps mentioned above, your MONEY BLUEPRINT will change and you will start attracting more and more money into your life -- the EASY way.

Copyright (c) 2007 by Leo Foster. All rights reserved. Reproduction permitted as long as there are no additions
or modifications to this article and author's name, Copyright Notice and URL are kept intact."

Money Time-Space Continuum

5 Money Making Opportunities on Facebook

How to Become a Money Magnet