Is Business School Worth the Cost?

Business school definitely has it’s benefits –  like the opportunity to network & connect with serious players in business, learn about leadership & entrepreneurship, and increase your chances for mobility and a pay raise at work. But is it worth the cost!?

I live in Baltimore so I searched John Hopkins B-school tuition rates.

Here’s what I saw:

Cost of John Hopkins Carey Business School

is business school worth the it worth the cost

Over $100k in tuition!

In all honestly, I would love to go to business school. Personally, I’d go for the mental exercise, the challenge, the opportunity for new achievement & to make new connections. But..

…It’s too damn expensive!

I can’t wrap my brain around the costs. You can find plenty of ways to network, learn entrepreneurship and demonstrate value to your company for a pay raise – without paying $100k for another degree.

By the way – Sorry to all my comrades out there paying Sallie Mae for your undergrad. I feel your pain.

If my company would pay for it 100%, I’d consider it. But otherwise, I can’t see it happening.

What say you about the B-school? Speak on it!

3 Ways to Monetize a Blog {Make Extra Money With Your Passion}

There are various ways to monetize a blog. Here are 3 primary ways you can monetize a blog & make extra money blogging about your passion.

3 Ways to Monetize a Blog:
1.   Advertising
2.   Sell Your Own Product
3.   Affiliate Marketing

 

Here’s a breakdown of each.

 

1.  Make Money Through Advertising:

If you have enough traffic (visitors) to your blog, you can charge other people to advertise on your website.  Of course, It can take quite some time to build enough traffic so that others would be willing to pay to advertise on your site.

 

2)   Make Money By Selling Your Own Product

If you’re into cooking, you could create a cookbook. If you’re into travel, you could create a travel guide. Fitness? Create a weight loss plan. Quilting? Sell your blankets. The possibilities are endless. Let’s take a look at the cookbook example in more detail.

Here’s an Example of How to Create Your eBook:

Let’s say someone loves to cook (call her Kris). Kris posts lots of fun recipes & cooking tips on her blog. By blogging regularly, even shooting some YouTube video tutorials & sharing her content throughout social media, Kris eventually gains a substantial number of visitors to her blog.

One day Kris decides to create a cookbook with her favorite recipes & simple meal ideas. She types up the recipes in a word doc. She adds some images from pics of her food that she’s taken. And then she can create an ebook cover for her cookbook.

Lastly, she converts the word doc to a PDF with a free service like this one. Now her eBook (or rather eCoobkook) is ready to go!

She charges $8 for her cookbook collecting payments through Paypal. Once someone pays, she emails the cookbook or provides an access link where the purchaser can download it from her blog. 

Alternatively, she can print & ships the cookbook. But for obviously reasons – a digital product is often preferred to a physical one (as it saves time & money).

This is an example of how you can take a passion you love to do & share anyway & monetize it online.

 

3)   Make Money Through Affiliate Marketing

Affiliate marketing is the most common & popular way to monetize a blog.  There are hundreds, if not thousands, of various affiliate marketing companies out there. Even Amazon & Wal-Mart offer affiliate marketing programs.

 

How Affiliate Marketing Works:

Affiliate marketing is simple. It’s when a company pays you for referring business to them. You’re an affiliate for that company. Most often, you are paid a portion of every sale made through you or your site.

Keys to Successful Affiliate Marketing:

  • Drive targeted traffic to your website, relevant to the topic of your blog
  • Blog regularly – consistently adding fresh/new content to build your subscriber base
  • Always provide honest opinions & reviews about products & services – never make a recommendation simply for a sale
  • To maximize earnings, the best programs should offer residual/passive income as well as have large upsell potential


Benefits of Affiliate Marketing

Affiliate marketing is appealing to a lot of people because you don’t have to worry about creating your own product and it can be lucrative, if you know what you’re doing.

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Ready to Make It Happen?

Are the wheels starting to turn? Are you getting some ideas of ways you can monetize your blog and make money online? There are really lots of ways to do it. The key is being consistent. Each method takes traffic to your blog as well as building a connection with your visitors.  This takes time.

But it’s as simple as a decision & commitment to making it happen.

If you found any value out of this post, please hit the share buttons on this page now  :)

Want to stay up to date on the best affiliate programs? Subscribe to my email list on the top right of this page. 

To Life Without Limits,

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5 Key Tips From “The 4 Hour Work Week”: Get More Free Time without Quitting Your Job

 

The following are 5 great tips he provides in the book, some of which I have implemented and others I plan to test!

5 Key Tips From “The 4 Hour Work Week” : How to Get More Free Time Without Quitting Your Job

1) Create a to-do list at the end of each day

Create a to-do list before leaving work each day which maps out the most important tasks to complete the following day. Seems simple enough, right? But you’d be surprised at how many people don’t do it! Do you? I’ll admit, sometimes I am still hit or miss, but I have gotten a lot better! And creating the list definitely improves my productivity the next day.

2) Do NOT check email first thing in the morning

This may be the exact opposite of what most of us do. Here’s why it’s important not to check email first thing when you get to the office. It is SO easy to get lost in a sea of emails. Before you know it, you’ve spent your first hour or two of the day (often times people’s most productive hours) executing other’s agendas, instead of your own.

Similar to the concept of Brian Tracy’s “Eat That Frog,” Ferris suggest to accomplish your most important task of the day (the one you identify on your to-do list the evening prior) before you even check your email.

3) Check your email at specified intervals

Not only should you avoid checking email the first thing in the morning, Ferris suggests checking it at specified intervals,  maybe 2 or 3 times per day. This prevents the habit that most of us have of leaving Outlook open all day & constantly being distracted from what we’re working on. He even goes so far as to suggest setting up an auto-response informing people that you’ll be reviewing & responding to emails at 10am and 3pm, daily (for example). That way the expectation is set. And you can focus on your tasks!

4) Get really good & really efficient at what you do

“The Four Hour Work Week” is not about being lazy (well it kinda is, but in a good way!) Ferris, doesn’t suggest you do nothing, or try to get over by producing as little as possible. In fact, he suggests you get really good at what you do. So good that you become indispensable to your company. Leading to tip #5 – negotiating a remote work environment.

5) Negotiate a remote work environment

 Work from anywhere! (Work while backpacking in Europe? Traveling through South America? Don’t mind if I do!) And thanks to Tim’s prior advice, you’ll be so efficient that a 40 hour work week will hardly be necessary to still meet & exceed the responsibilities of your job.

I understand working remotely is not plausible for everyone. But for many of us, it is an option if we just raise our hands & ask. And the key is, the more knowledgeable you are in your position, the more value you provide to your company, and the more productive you are – the more likely you’ll be able to negotiate the terms of your employment – including working remotely!

(Important Note: Being more productive does not equal putting in more hours. That’s the misconception that so many of us have – that in order to be more productive you have to spend more time on something. But that simply isn’t the case. That is what the rest of “The Four Hour Work Week” dives into. How you can be more productive in less time. In my personal case, a remote work environment IS an option. So many of the tips provided in the book were right up my ally.

I expect that soon I’ll be putting the 4 hour work week to the test! (Particularly step 5, hopefully, in the coming months). I’ll keep you posted on how it goes!

Have you read “The 4 Hour Work Week?” What was your favorite part of the book?

Are any of the strategies above, something you can implement in your current work environment? Speak on it!

If you found any value out of this post, please hit the share buttons on this page. Thanks for stopping by!

Thank-you

3 Smart Time Management Tools to Increase Focus & Productivity

Are you super busy juggling home and business & looking for effective time management tools? This article will provide you 3 very useful time management tools to increase your productivity and help you stay on target with your goals.

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Here are 3 Smart Time Management Tools to Increase Focus & Productivity

1. Google Calendar

2. Stay Focused

3. The Habit Factor

 

Time Management Tools: Google Calendar

The first one is the free Google calendar. You just simply log into your Gmail account. Then in the bar at the top left look for “Calendar.”

Time Management Tools

 

time management tools google calendar

 

Time Management Tools: Stay Focused

This one is a doozy :) Stay Focused is only available as an extension to Google Chrome, so it won’t track your time using desktop apps—but it will track your time on the web! Just imagine that. When you see it in black & white that you blew an hour on Facebook – it might just help you re-prioritize your day!

Time Management Tools: The Habit Factor

The Habit Factor is an app. You can download it on your smartphone, I believe for $6.99. This is more than just a daily time management tool. The Habit Factor helps you map out your goals – short term and long term. Then it ensures your daily activities are in line with those goals. The purpose is to help you stay consistent until you’ve developed productive habits.

3 Smart Time Management Tools to Increase Focus & Productivity

I hope you find plenty of use out of these 3 smart time management tools. What are some of your favorite “time management tools?” Comment below. Also for one of the BEST trainings on effective goal setting & productivity listen to this audio by Earl Nightingale called The Strangest Secret

 

bonus 2 time management tools

 

BONUS MONEY MAKING TOOL

I’ve increased my productivity, learned valuable skill sets relating to Internet marketing and have created a second income stream by blogging with the Empower Network. Find out how you can too.

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Live Life By Design,

Alice Dymally

Does Your Job Define You?

3 Tips For Balancing What You Do, with Who You Are…

I always found it interesting that one of the first things people ask others (or tell about themselves) when meeting a new person is what he or she does for a living. Is that really the single most important thing about you after your name?

does your job define you 2

 

On game shows on TV – it’s the same thing. Have you noticed?

People are introduced & then asked what they do. That’s it. Occasionally people mention their families or hobbies, but much of the time it’s just name & occupation.

Isn’t that interesting?

Out of curiosity….what do you do?

No, I’m not asking your job. I’m asking what do you DO?

For example, I travel, I read stories to my daughter, I go ‘play’ camping with her under her tent in her bedroom. I work out. I eat right (about 80% of the time -_-). I network with other entrepreneurs. I read. I listen to audio books. I study marketing. I read some more. I uplift & encourage others to go after their dreams.

What do YOU do? Better yet, what do you WANT to do?

There is a tremendous amount more that I can do (& will). The list above will continue to grow. It will grow according to the things that bring me joy, fulfillment, peace, a sense of accomplishment & that have a positive impact on those around me.  Not solely through how I earn income, nor things that can be highlighted on a resume.

does your job define you 3

 

I read an interesting article recently which brought this back to my attention.

From Constance White, Editor-in-Chief of Essence magazine:

“…even though a job may be essential, it should never be central to your spirit. Never lose who you are because of what you do. Your job does not make you grand and not having a job does not diminish your importance.”

She closed the article with 3 tips for balancing what you do with who you are:

1)      Think in terms of having a career you love. What makes your heart sing? What are you good at doing? Are you in a dead-end job or are you on a stepping-stone in your master plan?

2)      Get to know people and reach out to someone who is doing what you want to do or who is where you want to be. It’s called networking.

3)      Nurture yourself by spending time with friends, taking regular vacations, seeking spiritual sustenance and enjoying family.

In short, work to live; don’t live to work.

 

I couldn’t have said it better myself.

 

What are your thoughts on this topic? Are you defined by your job? Please share this article & leave your comments below.

 
Live Life By Design,

Alice Dymally

 

The Break Up….

breaking up 
 
We’re breaking up.

I normally don’t share something so private but it’s the truth. The truth is never a secret.
And hopefully others can relate.

I don’t know whether to cry or laugh. But it’s happening….and it’s time.

I don’t know why I stayed so long unhappy.
Maybe it was the kids…. bills… finances…. comfort….”security”….
Who knows….

What’s ironic is there really was no security here. It was just an illusion.
You could have been the one to push me out the door at any moment.

And money shouldn’t be the reason for anyone to stay. Not when it makes you unhappy. Not when it sucks the life out of you. Not when you were meant for so much more and your potential is cowering in the shadows fearful of making its presence known.

I have dreams of doing much more…of seeing much more…and building many more relationships than I am able to do in the confines of our walls. I will not be stationary. I will not be slowly cemented into a monotonous, repetitive, daily cycle – sinking further and further each day like a weary travel standing in quicksand.

While I’ve known deep down for many years that this wasn’t going to work… I still stuck around. Maybe I was keeping up appearances, fulfilling what others had expected of me, and wondering what friends and family would say of our break up. Perhaps, I was hanging on to a certain level of prestige that comes with our relationship.  But that too is just an illusion. The only prestige I acknowledge is in the man who knows what he wants and isn’t afraid to go after it – even if it’s against the odds, even if its outside of the norm, even if people will think he is crazy, even if it’s outside of his comfort zone, even when people just don’t get it.

I acknowledge the prestige of a man who admits his wrongs and stops living a lie – even if he’s been living that lie for a decade.

I think I had gotten accustomed to doing things the way people were “expected” to do them. But the truth is I don’t like conventions. I don’t believe in normal. There is no such thing as customary. 

The fear of the unknown is not a fear at all. It is really excitement. It is freedom. It is passion. Some simply acknowledge it for what it is, while others never know it’s true name.  The struggle, the obstacles, the triumph…they are all part of the story. And they are all welcome.

I’ve said enough.

Here’s what we’re going to do.

Let’s just make this swift and painless.

I’ll get straight to the point and call it like it is. Here goes nothing…..

Dear Corporate America,

I’m leaving.

Sincerely,

Alice Dymally

 the break up

 

How Do you feel about “The Break Up?”

Will you be breaking up with your employer too? Your comments are appreciated below.

 

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