Best Financial Blog Awards, Top 2%, & The Untold Secret

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Here’s a chance to toot my own horn and provide you with a surprising insight into the internet business world…

The good news is this blog is starting to catch on. I don’t know if it was just a coincidence but in the last few weeks these educational updates you receive were recognized twice with “best financial blog” awards.

The first came from ecollegefinder.com where this blog received the “Top 50 Financial Mentor” award.

The second came from onlinemba.com where this blog was acknowledged as one of the “Top 30 Business Blogs” in the finance category.

Pretty cool, eh?

Not only is this blog receiving awards but according to Alexa (which monitors web traffic) FinancialMentor now ranks in the Top 1-2% of all web sites for web traffic and is in the top 2-3% of all web sites according to a separate web metrics system that looks at factors besides just traffic.

I just thought you, my faithful readers, would like to know you are part of a growing group of fans where the education you are receiving is starting to get recognition for its quality and authority.

Now, for the surprising bad news and the secret nobody tells you about in the internet business circles…

Stats like these, as impressive as they are, have succeeded only in filling my financial coaching practice. They are not sufficient to support a successful web based info-marketing business. If I had to live off the advertising and info-product sales generated by this site I would have been out of business long ago. Surprising… but true.

My goal with this business is to build an automated info-product business providing passive revenue to me while helping millions of people achieve financial security through improved financial intelligence. To achieve that goal all evidence indicates I will have to reach the top 5% of the top 1% in the statistics cited above.

In short, I have come a long way… and still have a long way to go.

I share this with you because it is one of the untold secrets that none of the internet marketing gurus talk about when they preach the “internet path to riches”. The big money on the internet isn’t the usual 80-20 rule where 80% is made by the top 20%; instead, it is the 90/10 of the 90/10 of the 90/10 rule where the top 10% of the top 10% of the top 10% (.001 for the math impaired) pull down 90% of the passive revenue. I don’t have documented research to prove this idea but all anecdotal evidence is pointing this way.

Hard to believe because, again, nobody talks about this. But I have networked with other successful webmasters and they have come to similar conclusions. In fact, there are several successful webmasters receiving this so maybe they will chime in with their thoughts in the comments below.

I share this with you because many of my readers are interested in building lifestyle businesses that include a web presence so this information is relevant to your business plans. You can fill a solopreneur service business (like my one-on-one financial coaching services) fairly easily by applying the 80-20 rule on the internet and you can even market a narrow-niche product doing the same, but to run an info-product business based solely on internet marketing requires a much higher level of achievement than the gurus reveal when they pitch you on their “internet riches” courses.

Anyways, I thought I would update you with both the good news showing the growth and recognition this community is receiving while including the surprising news revealing how far I still have to go. It will be an interesting journey to share with you as we continue to grow.

Thank you for your support, and as always, the greatest compliment you can give is to spread the word by telling your friends and linking to your favorite content. Help me help others by getting the word out and together we will grow our wealth.

I welcome your thoughts and comments below…