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Self Made Minds

Self Made Minds
Self Made Minds is run by two Internet entrepreneurs Al and Scott. The aim of the site is to share experiences and knowledge that weve picked up along the way. Neither of us have a job and rely solely on our businesses to put bread and beer on the ta
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

Interview with ?Dragon Eater? Ling Valentine
2008-01-31 11:27:00
Today’s post is an interview with Ling Valentine , she was the 2006 North East Entrepreneur of the year and owns and runs the super successful website LINGsCARS. Ling became a legend when she pitched for investment on Dragon s Den and famously turned down 2 different offers from the Dragons, you can see a video of ...
More About: Interviews , Interview , Eater
Domain name appraisal from SEDO
2008-01-30 12:59:00
Out of interest and seeing as I have never used an appraisal service for many years I decided to pay for a SEDO appraisal for the newly purchased TVs.co.uk which is one of my better domains - the valuation that SEDO make would not be something I would put a whole lot of weight on, at the end of ...
More About: Domain , Domain Name , Domains
Learning from a Tax Bill
2008-01-29 14:04:00
Today I’m simultaneously celebrating and commiserating, I’ve just met with my accountants and have now got to pay Mr Taxman about £32K (~$61K) for last years profit and towards this year’s bill. It hurt (a lot) doing the bank transfer but hey it means I made a nice bit of money so I’ve got to ...
More About: Learning , Bill
Make sure zero maintenance isn?t zero money
2008-01-28 12:38:00
This post is not meant to be a scientific experiment, I know there are major other reasons for the two sites I mention not being equal but it does demonstrate to some extent a few of the cliches you hear a lot, if your thinking of putting up a low/zero maintenance information website you have a couple ...
More About: Money , Maintenance , Make
Links and Stuff on Friday 25/01/2008
2008-01-25 15:19:00
Another 6 figure UK domain sale with MediaCorp buying sport.co.uk for £135,000 a good deal for the buyer I would say. A very very bad day recently for one guy with his life savings in stocks crash on Sunday, even a video of him watching $31k disappear. Warning: *Lots of swearing* if you play the video. ...
More About: Links , Stuff , Friday , 2008
Move sideways first when approaching larger prey
2008-01-24 11:16:00
We all know the value of a good domain can really bring rich rewards, I have a few good one?s I intend to develop for maximum gains so I haven?t really had a big sale to feel the fruits of my labour so far. No fear I am happy with the way things are progressing. What I ...
More About: Domains , Move , Prey
Check List for Setting Up a New Blog
2008-01-23 16:37:00
One of the areas I intend to expand this year is my blog network, at the moment I have 5 or so blogs that all look and function pretty differently. What I intend to do is put some procedures in place to help me expand the network consistently and relatively quickly. Scott has already achieved ...
More About: Blogging , Blog , List , Check
A new venture is born - a goal achieved.
2008-01-22 09:30:00
A couple of weeks ago I made a list of my goals for 2008, today I get to cross off number 2 on the list. 2/ I would like an off-line venture that can bring in income and show good growth, as with everything I look at now time is critical so I have to make sure ...
More About: Venture , Goal
Phishing Scam at Digital Point
2008-01-21 12:23:00
A couple of days back I received the following PM over on the Digital Point forums. I get a fair amount of spam over there so I followed the link so that I could report the post. However on following the link it looked like I’d been logged out and would need to resubmit my password ...
More About: Phishing , Scam
Links and things on Friday 18/01/2008
2008-01-18 12:58:00
Yesterday I wrote about my experience with Clickbank, coincidently I’ve just had an email from RyanShamus.com telling us about a Clickbank guide they’ve just written, check it out if you’re interested in that money making stream. Dave has done a very original post entitled, What Do The Top Bloggers Drive?, so if you’ve ever fancied learning ...
More About: Links , Friday , Things , 2008
Real Life Example of an Organic Clickbank Promotion
2008-01-17 12:18:00
I’ve mentioned in a few posts how I experimented with ClickBank last year, I never went into any great detail as it was one of those things that would of been really easy to duplicate. However I find you don’t see many real life example on how programs convert and as I’m not really pushing ...
More About: Life , Promotion , Organic , Real , Real Life
Share in the good fortune
2008-01-16 10:54:00
Share dealing websites can be good resources for inspiration and emerging technology, the large sites like ii.co.uk have discussions, articles and news, the discussions can be really interesting, obviously with shares people are trying to buy ahead of the curve so with companies like Ceres Power Holdings, the discussions help inform you as to the potential ...
More About: Fortune , Share , Domains , Good , The Good
Lessons Learnt from CES 2008
2008-01-15 13:23:00
Along with about 140,000 other geeks I attended the Consumer Electronics Show last week, it’s the biggest show of it’s kind and spans nearly 2 million square feet (we all had aching legs and blisters). It’s the second time I’ve done the show and this time I took along 3 other writers. Here are some ...
More About: Lessons , 2008
No refund necessary - a baby girl was born.
2008-01-14 16:12:00
It’s not a glamorous life for me at the moment, not that I’d change it mind but when I got up and read around some blogs and forums it seems everyone else is refreshed from a holiday/trip or going on one. Al has been away to CES in Vegas along with quite a few other prominent people ...
More About: Baby , Girl
Progress made with some investments
2008-01-09 10:33:00
I am going to do an update on a little sideline project that covers a couple of points and posts that I have mentioned before. Last June while having a  game of snooker with a good friend of mine Ian who runs his own joinery company, we talked about wanting to invest a bit of cash with each other into something ...
More About: Made , Investments , Progress
State the fate of what I?ll create in 2008
2008-01-07 09:30:00
Following Al’s lead on his action plan and goals I thought it a good idea to jot down my aims for 2008 also, a nice reference point for myself in the future to check on, once you put info like this public it ads extra incentive to achieve it regardless of whether someone reads it or ...
More About: Fate , State , Create
Income Breakdown for December 2007
2008-01-03 13:19:00
For the past few months I’ve been concentrating my time to make the most out of the silly season, AKA Christmas. At this time of year my gadget blog out performs the rest of my portfolio by some margin, so was the extra effort worth it (and did you win $100), this is how my ...
More About: Adsense , Income , December , December 2007
Goals and Action Plans for 2008 (and a chance to win $100)
2008-01-01 17:48:00
First off Happy New Year folks, I hope you earned what you deserved in 2007 and deserve a load more in 2008 . I don’t do New Year resolutions as I think if you want to change anything in your life change it now rather than waiting for the end of the year. That being said ...
More About: Action , Chance , Goals , Plans
Thoughts and thanks for 2007
2007-12-31 15:28:00
  Just wanted to wish everyone a Happy, peaceful and prosperous New Year from Al and myself. Let’s ensure that we leave behind all negatives and reasons why not to and make 2008 a doing year that builds on what we have already done and sets us up for the future. Quick thought on 2007 In 2007 I have ...
More About: Site News , Thoughts
How to persuade anyone to do anything
2007-12-24 12:03:00
I’m not big on psychology, voodoo, long copy sales pages and stuff like that but it’s clear there are things you can do when dealing with a stranger to improve your changes of success whether you are trying to buy or trying to sell. I was reading the BBC Focus magazine for December in which there ...
The $50,000 fortnight
2007-12-18 10:44:00
When dealing with some people online it is instantaneous, questions asked /answers given = job done. I sometimes have to take note, sit back and realise that companies that I approach to buy domains can & have lots to do in their normal roles. I made an offer on a domain that was not in use ...
More About: Domains
Christmas Break
2007-12-17 19:14:00
I’m currently packing for my pre Christmas break, so no posts from me for the next week or so I’m afraid. To keep you going here are some of my favourite posts that Scott and I have written so far. To ensure you don;t miss any future posts be sure to subscribe to our feed ...
More About: Break
Friday the fourteenth fodder and folly
2007-12-14 09:28:00
Invest.com sells for $1,015,000, that will seem cheap in a few years time. This weeks game is Zwingo Swing the ball to protect the base. Al just installed Blog Metrics here on SMM which is pretty cool if you have multiple authors on your blog, it shows that I waffle more and Al gets more comments [found via Shoemoney] Google ...
More About: Friday , Olly
Comparison of Inline Text Ad Networks
2007-12-13 15:51:00
For the past couple of weeks I’ve been running a test between a few different inline advertisements. The ones I’ve been testing are: Chitika Linx Kontera ContentLink Amazon.com Context Links All of the advertisements work in a similar way, they double underline relevent phrases on your page which when hovered over popup an advertisement balloon which includes an appropriate ...
More About: Networks , Text , Comparison
61% of UK domain sales are undeveloped investments
2007-12-12 10:43:00
You may think domaining is a niche subject and you would be right, for now, worldwide forums like NamePros have 75 thousand registered members and the main UK domain forum Acorn has almost 5000 members however it is still a very young cottage industry that progressing fast but under the radar from the average person in ...
More About: Domain , Sales , Domains , Investments
Learning from Amazon
2007-12-11 11:54:00
I’m still having a crazy Christmas season here, I have another week of long days and will then be taking my daughter and a couple of close friends to Lapland for a Winter break (I can’t wait). One of the affiliates I’ve been pushing big time this season is Amazon and they are now (normally) ...
More About: Learning , Earning
Google free USB drive christmas present
2007-12-08 10:39:00
Google’s free gift to Adsense publishers this year is a sleek ultra thin USB flash memory drive with 2GB of storage. Just arrived through the post today, basically around the size of a credit card with the USB part that flips round and fits any USB port, tidy and comes in a neat leather wallet with ...
More About: Google , Christmas , Drive , Free , Present
Links and Things - 7 December 2007
2007-12-07 13:57:00
I’ve got to thank Scott for the majority of this post, this has been my busiest week of the year so I’ve not been browsing other sites much at all, so cheers again Scott. Digital Point Banned!!! from Adsense, this thread was just funny, the ads dissappeared for a bit and speculation was rife, even had ...
More About: Links , Things , December , December 2007
That?s a wrap! - Friday 7th Dec
2007-12-07 13:52:00
Nice parody on .com’s/domains and social sites to the theme tune of We didn’t start the fire. Brisbane.com sells for a rather cheap $100,000 a great deal for the buyer, on the other side of the coin weldingrobots.com sells for $50k a nice deal for the seller there I’d say. Electric cars could be used in the ...
More About: Friday , Wrap
Lessons learnt trying to buy domains
2007-12-06 10:06:00
As many of you are aware I have been buying domains recently, mainly in the .co.uk market so today I will share a few things that I have learnt which I feel have improved my success.If a domain is listed for sale on the domain forums or SEDO/Namedrive then it is very easy to make ...
More About: Domains , Lessons , Mains
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