December 3, 2008

Important Yahoo! Cash 4 Idiots Update!

When Yahoo! Cash 4 Idiots first came out I barely paid attention. Even though I knew how profitable Yahoo could be from my own personal experience using it, the Yahoo Cash 4 Idiots claims looked a bit outrageous.

I also found it interesting that they poked fun at recent products like Google Payday, Secret Affiliate Code, Automatic Income System, and even Mass Control Marketing.

Not exactly the best way to win friends and influence people - especially in internet marketing where everyone is trying to get everyone else to "push" their products with the hope of making huge money through JVs.

But apparently the authors of YahooCash4Idiots aren't concerned about the big JV paydays. And if their system really works - why should they be?

The system really started to grab my attention when some of the marketers I trust started to recommend it - including the owner of a major, high-quality PPC training program.

However I'm seeing a lot of claims that it's basic, rehashed PPC materials that would only be of interest to a newbie. I've seen a few people who stated they refunded it immediately.

I have so many products to review that I'm not sure if I'll even have time to review it soon.

However, I can tell you that if you buy  YahooCash4Idiots and hate it…

You can follow the refund instructions here.

You can also check our current Top 10 Home Businesses list here.

Of course if you're going to go out and buy Yahoo! Cash 4 Idiots anyhow you might as well go and hunt down some sort of bonus for it. There are a lot of people offering bonuses now.

You can just search on "Yahoo! Cash 4 Idiots bonus" or "Yahoo! Cash 4 Idiots review".

I've seen some bonuses offering squeeze page templates, research strategies, and tracking strategies and others with bonus interviews with Dean Cassady. You'll just have to decide for yourself on this one what fits your particular needs.

If you buy it and want to provide feedback on it, feel free to comment here. No it's not a scam but there's some evidence it may not be all it's cracked up to be.

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December 2, 2008

Census Bureau Announces a New Product

Dec 2, 2008 Census Bureau News Release:

The U.S. Census Bureau announces the release of the Business Dynamics Statistics (BDS), a data series that allows users to track annual changes in employment for growing and shrinking businesses at the establishment level.

There are more than 6 million establishments with paid employees in the United States. These businesses are dynamic: opening and closing, adding and losing employees.

The BDS monitors this activity, tracking annual job creation and destruction at the establishment level using elements not found in similar databases, such as firm age and size. Tracking by firm age, for example, allows users to distinguish between new establishments of new firms and new establishments of mature firms. These statistics are crucial to understanding current and historical entrepreneurial activity in the U.S.

“The Business Dynamics Statistics provide data users unprecedented information on the life cycle of U.S. businesses,” said Ron Jarmin, chief economist at the U.S. Census Bureau. “These rich new data will fundamentally change the way people think about job creation and economic growth.”

A number of key economic data items are tabulated by the Business Dynamics Statistics, including number of establishments, establishment openings and closings, employment, job creation and destruction, and job expansions and contractions.

Analysts and policymakers need to understand business activity and the process of job creation to enable informed decision making. One novel feature of the BDS is that the activity of young entrepreneurial businesses can be comprehensively tracked by industry, state and over time.

“The dynamics of businesses in our economy are so important to our economic growth, yet this is an area we are just beginning to understand. These data give the public, policy makers and researchers access to business dynamics information in a level of detail we have never had before,” said Robert Litan, vice president of research and policy at the Ewing Marion Kauffman Foundation.

The Business Dynamics Statistics results from a collaboration between the U.S. Census Bureau’s Center for Economic Studies and the Ewing Marion Kauffman Foundation. The information is compiled from a database of establishments and firms tracked over time known as the Longitudinal Business Database.

The Business Dynamics Statistics provide annual statistics from 1976 to 2005 by firm age and size. Annual files are also provided at the state level for Standard Industrial Classification sectors and for the economy as a whole.

Findings from the Business Dynamics Statistics include:

  • States differ substantially in the creation and establishment of new businesses. States with higher entrepreneurial activity are in the West and Southwest, with as much as 12 percent of employment accounted for by young firms (less than 3 years old). In contrast, states with low entrepreneurial activity are in the East and Midwest, and have about 6 percent of employment accounted for by young firms.
  • Establishments owned by younger firms grow faster, on average, than those owned by older firms. However, many young firms close shortly after they open, so the job destruction rate is also higher for establishments owned by younger firms. Hence, BDS shows the pattern for young businesses is one of “up or out,” with rapid net growth for survivors balanced by a high exit rate.
  • The BDS shows that the fraction of employment accounted for by business startups in the U.S. private sector over the 1980-2005 period is about 3 percent per year. This exceeds the 1.8 percent average annual net employment growth. This pattern implies that job destruction exceeds job creation at existing businesses and highlights the importance of business startups for job creation in the U.S. economy.

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Shortcuts to Internet Millions question

Q: I was watching some tv this morning and there was nothing on so i watched some of the home shopping networks and here was a paid advertisement for jeff pails shortcut to internet millions…just wondering if you know anything bout it….looked kinda cheesey to me.

A: The problem with most products sold through infomercials - especially in the "home business" area is that they typically try to upsell you into very expensive coaching programs - and more often than
not the coaches aren't that well trained.

I don't know this product from personal experience, so there's no way I can say that conclusively. You might want to take a look at:

http://www.infomercialscams.com/scams/jeff_paul_complaints

Although you should always take complaint sites with a grain of salt as they don't take into account how much volume a business does - so there's no real benchmark as to how significant the number of complaints is - especially if orders are primarily taken over the phone. If orders are taken over the web you can at least use Quantcast or Compete to see how popular the site is.

This is a useful post about late-night money making infomercials in general:

Making Fun Of Late Night Infomercials Using Hotties With Assets To Sell Get Rich Schemes

Which includes such topics as:

  • The Use Of Flirty Female Hosts To Mesmerize and Make The Sale
  • Obsession With Associating Everything With Magic
  • The Joke That Computer and Internet Illiterates Can Still Become Online Millionaire

And more. I highly recommend you give it a read…

Educational AND entertaining!

Paul

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