5 Major Problems in Building Multiple Income Streams – Are you an entrepreneur who is building multiple income streams? With all the awesome business opportu…
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Question by DC: What are some free, good, website building tools available for download?
I’m interested in building a hobbyist website (not a blog though) and hoping to create some residual income from affiliate advertising. I know some HTML.
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Answer by Justin H
Have you looked at Joomla? A lot of really nice websites are built using it:
http://www.joomla.org/
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More than a billion people use Google Maps each month to find their way around town and around the world. To help these people get exactly the information they need, the Google Maps team works constantly to ensure that the geographic data behind our maps is comprehensive and accurate. As part of this ongoing effort, we’ve just released updated maps for 10 countries and regions in Europe: Andorra, Bulgaria, Estonia, Gibraltar, Hungary, Latvia, Lithuania, Slovakia, Slovenia and Spain.
Today’s update is part of a project called Ground Truth that began in 2008. Through this initiative, we acquire high-quality map data from authoritative sources around the world and then apply a mix of advanced algorithms, supplemental data (including satellite, aerial and Street View imagery), and human input to create a map that corresponds as closely as possible to the real-world facts that you’d find if you were to visit that location.
For example, this update adds a new 70-km section of Bulgaria’s Trakiya motorway, which opened recently to drivers but hasn’t been reflected on most maps of the region until now.
But roads and highways alone don’t define the character of a place, and they aren’t always sufficient to help you get around. So Google Maps also integrates information such as walking paths, ferry lines, building outlines, park boundaries, university campuses and more—providing a richer, more comprehensive and more realistic experience for locals, visitors and armchair travelers alike.
Our new map of Spain, for example, not only shows the famous Museo del Prado and Parque del Retiro in Madrid, but also includes additional building models in surrounding neighborhoods, the well-known “Estanque” (or pond) in the center of the park, and detailed walking paths throughout both the park and the nearby Royal Botanical Gardens.
Of course, the world is always changing, and we want Google Maps to change with it. So when you notice something on the map that needs updating, let us know through the simple “Report a problem” tool in the lower right corner of the map. We’ll make the appropriate changes to the map—often within just a few minutes or hours of reviewing and verifying your feedback! This tool launches today in the 10 places where we’ve updated our maps, and is already available in dozens of other countries around the world.
With today’s release, the maps that we’ve built through our Ground Truth initiative are now available in a total of 40 countries worldwide. To see the progress we’ve made to date, take a look at the image below (click for a full-size version).
We hope today’s launch of more comprehensive and accurate maps of Europe will help you explore amazing places from Barcelona and Budapest to Bratislava and beyond.
Larry Page once described the perfect search engine as understanding exactly what you mean and giving you back exactly what you want. It’s very much like the computer I dreamt about as a child growing up in India, glued to our black-and-white TV for every episode of Star Trek. I imagined a future where a starship computer would be able to answer any question I might ask, instantly. Today, we’re closer to that dream than I ever thought possible during my working life—and here are some of the latest steps we’re taking today to make search even more intelligent:
1. Understanding the world
In May we launched the Knowledge Graph, our database of more than 500 million real-world people, places and things with 3.5 billion attributes and connections among them. The feedback has been phenomenally positive and we want to extend this feature to people outside the U.S. So starting today, you’ll see Knowledge Graph results across every English-speaking country in the world. If you’re in Australia and search for [chiefs], you’ll get the rugby team—its players, results and history.
We’ll also use this intelligence to help you find the right result more quickly when your search may have different meanings. For example, if you search for [rio], you might be interested in the Brazilian city, the recent animated movie or the casino in Vegas. Thanks to the Knowledge Graph, we can now give you these different suggestions of real-world entities in the search box as you type:
Finally, the best answer to your question is not always a single entity, but a list or group of connected things. It’s quite challenging to pull these lists automatically from the web. But we’re now beginning to do just that. So when you search for [california lighthouses], [hurricanes in 2008] or [famous female astronomers], we’ll show you a list of these things across the top of the page. And by combining our Knowledge Graph with the collective wisdom of the web, we can even provide more subjective lists like [best action movies of the 2000s] or [things to do in paris]. If you click on an item, you can then explore the result more deeply on the web:
So far we can produce hundreds of thousands of lists involving millions of items, and we’ll keep growing to match your curiosity. A quick preview:
2. Putting your info at your fingertips
Sometimes the best answer to your question isn’t available on the public web—it may be contained somewhere else, such as in your email. We think you shouldn’t have to be your own mini-search engine to find the most useful information—it should just work. A search is a search, and we want our results to be truly universal. So we’re developing a way to find this information for you that’s useful and unobtrusive, and we’d love your feedback. Starting today, we’re opening up a limited trial where you can sign up to get information from your Gmail right from the search box.
So if you’re planning a biking trip to Tahoe, you might see relevant emails from friends about the best bike trails, or great places to eat on the right hand side of the results page. If it looks relevant you can then expand the box to read the emails:
We’re working on some even more useful features. For example, if you search for [my flights] we will organize flight confirmation emails for any upcoming trips in a beautifully easy-to-read way right on the search results page:
3. Understanding your intent
Often the most natural way to ask a question is by asking aloud. So we’ve combined our speech recognition expertise, understanding of language and the Knowledge Graph so that Voice Search can better interpret your questions and sometimes speak the answers back as full sentences. This has been available on Android for a few weeks and people love it. It’ll soon be available on your iPhone or iPad (iOS version 4.2+).
You just need to tap the microphone icon and ask your question, the same way you’d ask a friend. For example, ask “What movies are playing this weekend?” and you’ll see your words streamed back to you quickly as you speak. Then Google will show you a list of the latest movies in theaters near you, with schedules and even trailers. It works for everything from celebrity factoids to the height of Kilamanjaro and more. When Google can supply a direct answer to your question, you’ll get a spoken response too.
These are baby steps, but important ones on our way to building the search engine of the future—one that is much more intelligent and useful than it was just a few years ago. It’s a very exciting time to be working in this field.
Mobile usage in retail is on the rise—every year we see an increasing number of shopping queries originate from mobile phones. As mobile continues to proliferate, it’s also fundamentally changing the way people shop. Mobile and shopping are made for each other.
Knowing this, we’re sharing a secret with you: it’s not too late to get your e-commerce site ready for the mobile surge this holiday shopping season. In fact, our newest customer, Timberland, just went live with their mobile-optimized website powered by Google Commerce Search in a matter of days.
Chris Hardisty, director of Timberland Global E-Commerce, told us: “Our first priority in developing our mobile website was making sure customers had the best experience possible. Shoppers today expect fast and relevant results especially on mobile, where speed and interactivity matter most. Since we launched our mobile-optimized website, we have seen mobile sales grow 20 times faster than our desktop site sales.”
Today we’re growing the Google Commerce Search family by opening up our new Google Commerce Search Reseller Program, and welcoming Branding Brand and Perficient as our inaugural resellers. We wanted to make it easier for retailers to adopt Google Commerce Search to help them achieve amazing results and meet their customers’ needs. Through this new program, resellers can work with us to bring the unique capabilities of Google Commerce Search to their retail clients.
Branding Brand has worked with Timberland and—earlier this year—GNC to turn their mobile visions into reality. Before GNC optimized their mobile website, 10 to 15 percent of their e-commerce traffic came from mobile. Since launching it this summer, there are twice as many visitors using search, and mobile search conversions are up 50 percent.
If you decide that building a mobile application is the best choice for you, it’s still important to build a powerful search experience that will help shoppers find exactly what they’re looking for and engage with your brand. In August, Westfield launched a mobile shopping app powered by Google Commerce Search for its 55 malls throughout the U.S. Alan Cohen, Executive Vice President, Management and Marketing for Westfield, told us “Whether the shopper is looking for a very specific product or general holiday gift items, the ability to search retailer products effortlessly is of real benefit.”
Ready to get started with your mobile commerce site? With the big holiday shopping season coming soon, we wanted to share some tips based on our relationships with our merchant customers:
We built Google Commerce Search just under two years ago to help retailers provide a great shopping experience to their customers, and we’ve had positive feedback from our retail customers on how they’ve been able to increase search revenues, site searches and online conversions while increasing customer satisfaction. Get started now with Google Commerce Search to build a great mobile experience in time for this year’s shopping season.
The goal of the most of the people is to become financially stabile, wealthy or rich. Unless you are born rich, it will take some time and effort to build your wealth. You will need to do various things, in order to build your wealth. One of the proven methods of becoming wealthy is the building of multiple income streams.
Why is the multiple income streams ( MIS ) building important? Many people are working their daily job that gives them salary that is not satisfying all their needs. MIS building can help them. Also, uncertainty of the world economy makes wealth-conscious people to think about their future. Simply, there is no thing called lifetime employment or job security. Everybody can stay jobless very easy. Finding another job is an option, but would it be good to have contingency income, that will support you meanwhile. Furthermore, once you are retired, what do you think about your pension? Is it going to be sufficient when you retire? Look the people around you and you will see that most of the retired people have a financial shortage.
On the other hand, take the rich and wealthy people and their income structure. Most of them have many income streams. This is the foundation of their wealth. MIS is simply the option for everybody, regardless are you just the low paid employee that wants to earn a few dollars more, or wealthy businessmen that wants to multiply his fortune.
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So if you are just starting with your MIS building, where should you start? What steps should you take?
- Primary Business / profession should be the first thing in you life. You should give the highest priority in the beginning, even long after you established secondary income streams. Key to successfully managing of multiple streams of income is not to lose focus on your primary revenue generating activity. This is because your job is giving you the regular income on monthly level, while secondary income streams takes some time for set up. This income stream will take most of your time and effort.
- Secondary financial streams are something that you should build after you have your main job / business well established. This can be anything that suits to you: part time job, self-employment, writing, web site building, consulting, etc. It will be still taking some of your time, but it should take you less time and effort than you main profession. Be careful with your personal engagement, in order to avoid burn out and saturation point, that can take you away from MIS concept.
- Passive Income streams are the third group of MISs. They are called passive simply since they do not take your time and effort, or they require relatively little attention. Literally they earn you the money as you sleep. These income streams can be the rent from a property that you own, royalties from a book that you have written, fee’s from intellectual property you have licensed, bank interest rates, investment funds, ads income from your web site, etc. The passive income sources do not come just like that. They are the result of wisely concepted activities of your primary and secondary business activity. At the beginning of your career, your passive income is probably zero. But as you career grows, you should establish as much possible incomes as possible. Eventually, you should be able to gradually pull out from your primary and secondary business activity and grow most of your income from passive income sources.
Having a MISs from primary, secondary and passive income streams will accelerate your wealth building. Simply, these three income groups are the main pillars of your income security. You will be able to secure your income through synergy of various income streams.
During your road to multiple income safety, remember to be patient. There is no easy and fast money, in spite what they promise you in ads. But through the persistent long-term approach, you will be able to build your stabile network of various income streams that will provide you the personal financial stability. Build the balance of active and passive income streams, while avoiding personal burn out. Build your incomes from the stream to the river, from the river to the lake…
Laurus Nobilis has 11 years of experience in FMCG business. He is editing the Biz Development web site dedicated to development of managerial skills. He also runs My Introspective a Personal Exploration and Development Guide. Do not forget to check Stress Relief.
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If you consider an average smartphone user, he primarily uses it for 3 main purposes: Communication such as e-mail, IM and social networking, taking photos and playing games. And if you’re like me, you’re probably taking a lot of photos daily.
While social photo apps like Picplz and Lightbox are cool, no one has thought of going beyond that and looking at ‘the big picture’. When you snap a photo, you’re essentially creating a visual representation of that place and generating location details of that place through geotags, which can be used for mapping purposes.
Teliport.me, an Indian based startup, previously known as Phototour.in, aims to achieve something similar with its crowdsourced street view product.
Although Vineet Devaiah, co-founder of the Teliport.me refused to divulge any further details on the product they are currently working on, he hinted that their Android panorama app, which came out of Alpha last week, is just the tip of the iceberg and they have much larger plans with Teliport.me, which is currently under construction.
Speaking of the Android app, Vineet Devaiah and his team seem to have pulled off some impressive work over the past couple of months, considering how tricky and device-centric, the panorama feature usually is.
Unlike the iPhone, which has a similar hardware configuration throughout its entire device family, Android devices come with wildly different configurations and processing power, thanks to various OEM’s and their ways of product differentiation, to stay ahead in the market.
Hence, it poses a huge challenge for app developers to provide a similar experience across all devices, be it a low-specced model like HTC Wildfire or a top-end model like Samsung Galaxy II, which probably is one of the reason there are no solid panorama apps for Android unlike iOS which has Microsoft’s Photosynth and Occupital’s 360 Panorama.
On the flipside, Android devices enjoy more popularity than iPhones in developing countries like India, thanks to the wide adoption of the OS by domestic manufacturers such as Micromax, Spice and Olive Telecom who are churning out a crazy number of low-cost Android devices in recent months, thereby offering a large growth opportunity and a chance to be a killer app on the Android platform rather than being a “me too” app on iOS.
Vineet and the Teliport.me team, thereby thought of capitalising this opportunity and brought their award-winning photo stitching technology onto Android.
An alpha version was released into the Android Market in mid-May and the company recorded 47,000 downloads within a span of 60 days without any major PR campaign. The app recently moved to public beta and now supports 200+ Android devices, which is quite impressive, considering the highly fragmented nature of the OS. Vineet also added that the app has already stitched 70,000+ panoramas and the number is growing increasingly by the day.
This however is just the first stage in the company’s grand scheme of things. They have a web version of the photo stitching app which is currently barebones in terms of functionality, but they plan to re-launch a new web version at Teliport.me in forthcoming months.
While crowdsourced street view seems to be a lofty dream right now, we can’t wait to get our hands on this product once it publicly launches in few months.
As for Phototour.in, Vineet said they will ultimately shut it down and all the existing features will be ported onto Teliport.me.
We’ve talked about list building before, and e-mail marketing isn’t going away any time soon. In fact, the method of content delivery is only expanding, bringing to you even more ways to boost page views and build reader loyalty. In previous posts, we’ve talked about the best methods of delivering newsletters and additional content to … Continue Reading
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