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19 of 21 people found the following review helpful:
3.0 out of 5 stars
Nothing New on This Path, November 12, 2009
This review is from: NEW PATH TO RICHES: How Your Neighbors are Making a Big Second Income by Writing and Publishing Their Own Money-Making Websites (Paperback)
I was eagerly awaiting this book and just received it today and just finished reading it in about 15 minutes. I must admit I was quite disappointed. Somehow I thought there was going to be some fresh, new ideas but the "path" is simply to create a well written, content-rich website that is SEO friendly and ranks high in Google for its search terms (no simple task) and then populate it with AdSense and become an affiliate marketer for various products. There's nothing new or innovative being revealed here.
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7 of 8 people found the following review helpful:
5.0 out of 5 stars
A simple, no-hype guide to making money online from your hobbies and interests, November 4, 2009
This review is from: NEW PATH TO RICHES: How Your Neighbors are Making a Big Second Income by Writing and Publishing Their Own Money-Making Websites (Paperback)
This little book is just fantastic! It has completely opened my eyes to the huge opportunity that lies in creating income-generating websites about topics I'm already passionate about. In fact, it has enabled me to pinpoint why one of my websites has always struggled to make money. Using Nick's ideas and strategies from this book, I will soon be reworking my entire strategy and approach with that site.
If this economic downturn has taught us anything it's that depending on just one source of income (your employer) is foolish. In this book, Nick shows you how to develop a passive income stream that will help you diversify how you earn a living, giving you more freedom, choices and peace of mind.
Nick makes a convincing case for why you don't have to be a qualified expert in a particular topic to earn a nice passive income from a website. He explains, in great detail, why people don't just want to learn from pros. And why they often prefer to learn (and buy) from other regular folks who share their passion. In other words...you and me!
I also applaud Nick for steering clear of all the hype surrounding making money online. He paints a very realistic picture of the opportunity -- stressing the fact that time, effort and passion for the subject are the biggest ingredients necessary for success. Just as important, he practices what he preaches. All of his advice is based on his in-the-trenches experience building and growing money-making websites.
Overall, this is a wonderful book. I have marked more than a dozen pages containing great ideas and action items. And I can't wait to put them into practice!
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4 of 5 people found the following review helpful:
5.0 out of 5 stars
A realistic guide to profiting from becoming "The Expert Next Door", October 31, 2009
This review is from: NEW PATH TO RICHES: How Your Neighbors are Making a Big Second Income by Writing and Publishing Their Own Money-Making Websites (Paperback)
I recommend Nick Usborne's New Path to Riches for many reasons, but--most important--I respect its realism and restraint. It's a very credible and useful introduction to the topic.
For too long, the majority of books about Internet marketing have included the word "millionaire" in their title. Nick's book, however, avoids making such claims.
Instead, it describes how he created a part-time, "enthusiast" site that earns him $4,000 a month in passive, or residual, income. This is a far more realistic approach that doesn't oversell prospective readers.
What I especially like is the fact that he balances the success that he's achieving with his [...]. site, with his admission that online success can never be "guaranteed"--that his success with the coffee site is balanced by other sites that don't produce as much income for him each month.
The above level of candor, alone, puts Nick Usborne's New Path to Riches in a class of its own.
In the book's 9 chapters, Nick provides an overview of the basics of online marketing--and the revolution that Google has created--with enough details to substantiate his claims. His arguments about the inability of traditional media to properly serve niche markets is especially strong. His example of the "garden bridge" website does the best job of driving home the power of the Internet to allow individuals to profit from under-served niche markets of any I've seen.
I left New Path to Riches with a new enthusiasm for rethinking some of my previous "too crazy to try" web marketing ideas and a desire to reposition some of my current websites to do a better job of appealing to fewer visitors.
Definitely worth buying if you're considering developing one, or more, niche websites to smooth out your monthly cashflow with minimum risk.
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