Internet Riches: The Simple Money-Making Secrets of Online Millionaires Paperback – Mar 25 2008
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About the Author
Scott Fox (Los Angeles, CA) is the top e-business consultant in Hollywood, where his clients have included Bill O'Reilly and Larry King. He is a frequent speaker on e-business and technology at universities including USC and UCLA, and at conferences such as Digital Hollywood and Internet World. He has been featured in radio programs nationwide, as well as in T he Boston Globe, The Orange County Register, Toronto Globe & Mail, and Smart Money Magazine. He has taught Internet Riches' at the Learning Annex in Los Angeles. He received a JD from Stanford.
Top Customer Reviews
Most Helpful Customer Reviews on Amazon.com (beta)
Fox's book was just the kick in the pants I needed. I am very familiar with the computer and the internet, but am low on techy skills, inspiration, and knowledge about how to build an online business.
This book was awesome because he details what others have done to achieve success, the steps one must take and the work involved in each kind of online business, the different types of business and what business model is most suitable each kind.
Then, in addition to all that, he provides the questions and inspiration needed to jog our own thoughts about what we might be passionate or knowledgeable enough about to start a business, and has such perfect memory and inspiration jogs that I went from not having any ideas to having too many to reasonably act on immediately.
He focuses on all the different kinds of e-business, so you don't need an item to sell or a particular idea in mind to get started with this book. Rather, this book is perfect for those who have some interest in owning their own online business but need to know more about what exactly it entails and how one would make a business like this profitable.
I tried the Dummies book on this topic and was sorely disappointed - it felt like a big advertisement through the whole book, and didn't really give me any of the tools I needed to get going or to inspire me with a new idea to act on. I'd recommend Fox's book instead, as the first book to read if you are thinking of starting an online business.
The book spends most of the time covering the nuts and bolts of choosing a subject area (niche), determining its feasibility to make money, creating a web site and making the big bucks. He uses lots of case studies of people who are currently making money online, which is very useful.
I finished the book optimistic, but still a bit vague on the next action step. I'm in a bit of analysis paralysis, which he actually discusses briefly in the book. It's where you spend so much time planning and preparing to make money and learning to avoid all the pitfalls that you never take action. The book has given me some more ideas on how to make money, and I plan to refer back to it in the future as I take action.
If you're unfamiliar with how people make money online, it's a great book to help you learn. If you already know about the general methods of making money like drop shipping, selling on eBay, product development, affiliate marketing, digital information products (aka eBooks), then you probably won't find anything new.
After reading some Amazon's reviews about Internet Riches, I decided to purchase it. I don't know why, but most of them say great things about this book.
To sum up the "secret" content...
1. You don't need a lot of money to start your internet business.
2. There are 3 types of e-businesses: service, product and niche ones.
3. Some very basic content about finding a domain, a web host, and a designer.
4. And finally the book says you should use e-mail marketing and AdWords pay-per-click.
That's it. Those are the "money-making secrets of online millionares". Wow, huh.
If you've read anything about making money online you should already know those things. There's much better material online on blogs and on free pdf reports. Save your money for something else.
I know people will say "oh, but that's a book for beginners". Alright, but even if you haven't read anything about online businesses before, there are definitely LOTS of better products for beginners out there.
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