After doing a lot of research into crypto currency and even  setting up an Etherium mining rig I have finally bitten the bullet and purchased a small amount of Etherium.   The path I followed to get to this point was a bit  of a winding road but I got there in the end.  

At this point in time I have made nearly 10% ROI in a day so I'm feeling OK .. Hopefully things keep going this way !

 I still have some nagging doubts as to whether I  am  jumping on a rocket that will just flame out but I'm on board and so far so good.   I started by trying to mine some Ethereum using an old gaming PC but rapidly realised that I was  going to grow old  watching the pc  run until it failed and probably only make a few cents worth in the process .  Mining is a perfectly valid way to get Ethereum  but you need to commit  time money and energy to setting up and doing it properly.

My next step was to try a cloud mining service and lets just say that my view is that the only people making any real money out of these services are the providers.

It was at this point I  started realising that there is a huge groundswell of interest in cryptocurrencies and the underlying blockchain technology that underpins it. After reading this article regarding the United Nations using Ethereum I was sold ( for better or for worse )

So then I started looking around for a place to buy Bitcoin or Ethereum,  signed up for a few different services and poked around to see how they work. After working through a few services, none of which gave me a good feeling  I discovered coinbase which had the simplest sign up process , a really efficient system for setting up deposit accounts, and the best user interface for monitoring and tracking your investments.

 Within 30 minutes I was set up and had made my first small Ethereum purchase  and I am  currentlywatching how it's performing live on my second  display.

Coinbase can be found at coinbase.com   and if you use this link to coinbase  you will get  $10 worth of free Bitcoin if you buy $100 or more of cryptocurrency (as will I). Use either link, its completely up to you but if you are interested in making a crypto purchase I would recommend you consider this site.

An investment advisor I trust a lot  once gave me a bit of advice which is always look down before you look up and  I figure the likely upside of my Ethereum purchase is far greater than the small amount I stand to lose  and this was another consideration when I made my first purchase.

You never know I might have got in early enough  to make  some life changing money.

Rob - signing off and wishing you lots of luck and good fortune.

After sitting down to write some content and finding myself lacking inspiration  I got hard to work procrastinating and started playing with my website. One thing lead to another and I decided to do a couple of quick jobs on the website.  First Job was to implement Two Factor Authentication on my admin interface  and this is as far as I got .

Things Just weren't going to plan.

Cutting a long story short  I worked through some technical issues and after a while I got things working .. Silver lining is that this gave me the inspiration to set up a blog at http://robcgalloway.blogspot.com to keep a track of my technical adventures and  to practice my content writing skills at the same time.

Not much progress today but hey every little bit counts.

 

One of my favorite quotes in the world comes  from  Calvin Coolidge

"Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipotent. "

This is up on the wall in front of me in my office and serves as a constant reminder.

With this in mind  I have decided that I'm not going to stop striving for a happy ,  financially independent life where all that  I have to worry about is taking care of the people around me. 

I'm  a long way off this goal yet but I have made some progress that shows me that it is achieveable and I'm making more moves in the right direction than I am making mistakes . I figure if I keep this up I've got to get there in the end if I simply keep trying..

My Websites are slowly building traffic  , my investment in small cap shares has grown by over 40% in just under 6 months , sales are up  at  Mitrax Trading, and I'm about to embark on my first investment into Cryptocurrencies which hopefully works out as well as my small cap investments.

 As always please remember to  look for a path to prosperity for yourself and everyone around you .. We will do better if we are in this together.

After doing a bit of research today I figured that I may as well get paid to do things I was going to do anyway so I joined swagbucks, installed their browser toolbar, and set them as my default search engine.  By doing this I get alerted when sites such as aliexpress, godaddy and others are going to reward me for spending money with them. Swagbucks also reward me for searching using their search engine which is powered by google and bing. Its not going to make me rich but making a few bucks without any additional effort is better than nothing.

I also made the decision to start practicing my writing skills so that I can hopefully make  some money writing articles and copywriting.

 

After searching at length  for a Joomla component that automatically adds  links and tooltips to keywords  in articles I couldn't find anything that suited my needs so I decided to develop the extension myself and learn a new skill  at the same time.

The  result is the Autolinks extension for Joomla which has been released  today. If you are interested in using this extension it is free to download and use.

Developing this extension has refreshed my PHP programming skills and has taught me a lot about developing components and plugins for Joomla which is a skill I can use wherever I am so long as I have access to the web.

The bonus is that this is something I actually enjoy doing and am already planning  enhancements to Autolinks and a number of new programming projects.

 

Today I sat down and thought about the skills  and resources I already have at my disposal, and how I can start to use them to make a portable income.

Without much effort I came up with the following:

  • I'm literate,  I'm no  Arthur Miller but I can string a few words together into a sentence.
  • Having spent nearly 30 years supporting large scale telephone and contact centre solutions I have strong and adaptable technical skills.
  • I have been setting up and running websites since the late 90's and am proficient in creating web pages using html, php, and databases.
  • I'm proficient in the use of Joomla
  • Cooking is my creative outlet, I'm no professional but I'm a pretty good home cook and I'm keen to learn more.
  • I love woodworking.
  • I've had some success in the past with affiliate marketing
  • I'm proficient in sourcing & importing products.
  • I've had some success selling products on E-bay.
  • I've had some success selling products from e-commerce websites.
  • I understand the basics of Search Engine Optimisation ( SEO)
  • I have a good job which pays quite well.
  • I'm a quick learner.

Looking at this I figure I should be able to start making a few dollars fairly quickly while I start working on a longer term strategy to develop a real income.

 

 

 

Over the last couple of weeks I have focussed on building content in livetocook.com and getting this content to display in search engines. This is not a quick process but I am starting to see some good results with traffic steadily building from essentially nothing to a couple of hundred page views a day. 

The basic approach I am taking is to write a blog article for everything I cook on a day to day basis and optimise these articles so that they attract traffic for the most popular keyword searches relating to the recipe I am cooking.  To help me achieve this I've started to use the keyword research tools at Jaaxy.com to save me a heap of time working out what people are searching for and how much competition I am up against for the keywords/phrases they are searching for.

So far this is working quite well for me and I am getting lots of impressions in major search engines but unfortunately I'm not getting as many visitors from these links as I would like so in addition to continuing to build quality content I am focussing on how to get this content to display in social media sites  and search engines in a manner which encourages people who see a search result to click on it.

Given that its day 1 and I haven't increased my portable income at all in the last 24 hours I think it is a good idea to come up with a plan which I can start executing straight away. If I don't do this it will be really easy to find myself at day 365 and be no closer to the target I have set myself.  After a little bit of thought I decided that I'm going to apply the KISS (Keep it Simple Stupid ) principle to my plan and have come up with the following:

Step 1 - Identify my current skills and resources.

Step 2 - Identify how I can make portable income from things I am already doing and the resources I currently have.

Step 3 - Find opportunities to make portable income from my current skills and take advantage of them.

Step 4 - Look for opportunities to reduce my current cost of living without impacting my lifestyle.

Step 5 - Develop new skills which will allow me to make additional portable income.

Step 6 - repeat the above steps.

 

 

I've been busy over the last few days bringing www.livetocook.com  back to life. 

Cooking is my passion so I have been making my favourite foods and adding the recipes for these dishes to my website along with photographs of the results which were also added to flickr. 

While doing this I have practiced my writing skills and learned a heap more than expected.

Given that my intent is to create a website that  indulges my passion for food and cooking whilst attracting a lot of visitors. I decided that I needed to learn how to write Search Engined Optimised (SEO) content which will hopefully result in a lot of organic traffic to my website.  

In the process of researching SEO I have realised there is a lot to be learned and that  it is a skill which is valued by website owners and can be performed from anywhere in the world. Useful and portable skills I have learned in the last week include adding open graph metatags to web pages, setting up facebook comments on a Joomla site, and how to add structured data to a recipe.

In addition to this I have set up Google Analytics and google webmaster tools for livetocook.com so I can see how successful I have been.

Learning the art of SEO has been added to my todo list.

It's been a very productive first week but the rewards are yet to follow.

 

 

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