VIDEO: Teen AdSense Entrepreneur

Nov 21
2009

Yes, teenagers can make passive income from Internet marketing. Here’s living proof:

Isn’t she amazing?!? :) Yes I’m a little biased, since she is my offspring. But still, you have to admit it’s impressive when a kid can start an online business and make it onto the speaking circuit by the age of 16, and have such composure in front of the camera.

I remember when I was a teenager trying out Junior Achievement, going to a couple of meetings, and thinking how incredibly lame it was. The meetings were more like Arts & Crafts class than anything resembling real entrepreneurship and business. I wish I had had the opportunities that Chloe had when I was her age.

Our school systems still don’t adequately prepare kids to be entrepreneurs and business people, as Chloe notes in one of her Huffington Post articles. But for those kids who are motivated, they can find the opportunities elsewhere.

My advice for those doting parents of a budding entrepreneur is to first read the book Rich Dad Poor Dad. It’s not all that well-written, but it has some really important concepts, ones that I instilled in my kids. Such as:

  • Don’t work for a living, have money work for you
  • Build assets that make money for you while you sleep
  • Assets put money in your pocket month after month, liabilities take money out of your pocket month after month (thus a house you own and live in is a liability and NOT an asset)

And for those teens wondering where to start, first step is to pick something you’re passionate about. If it’s only about the money, it won’t be fun and you’ll lose your motivation when the going gets tough. For Chloe it was Neopets, but now she’s an “adult” (as she reminds me all the time) and not that into it anymore, so she’s delegating posting to a ghostwriter she found on oDesk. With her attention turning to film and to becoming a documentary director, my advice to her is to start a site or blog on that topic, perhaps more specifically on homegrown documentary videos by amateur filmmakers.

An Interesting Blog SEO Technique

Nov 15
2009

Bummer that I missed PubCon this week but I have just been traveling way too much lately. Speaking of traveling, I was in Indianapolis last week visiting the offices of Compendium Blogware. I got a demo of their hosted blog platform — including a look under the hood — and it’s pretty slick. There were features and functionality I had never seen before in blog software. One of the key differentiators, and the reason for the company’s name, is the “compending” capability that their solution does.

A compended blog is comprised of a collection of posts from other blogs, but all from within the same company. A company can have many employees blogging — customer service reps, salespeople, product developers etc. If a manufacturer, then dealers/distributors/retailers could join in on the fun too.

The appeal for companies who want to encourage employee blogging is that it’s dead simple to use, which is critical if you want wide adoption across the company. Here’s how it works: say that Bob from a Ford dealership blogs about the new Ford Mustang after he takes it for his first test drive. There are compended blogs for Mustangs, for sports cars, for pickups, etc. Without Bob having to think about it, his blog post gets compended automatically (using sophisticated content analysis algorithms) to the “Mustangs” and the “Sports Cars” blogs, but not the “Pickups” blog.

Blog posts that have been compended still maintain a canonical URL on the main blog, and that one canonical URL (of the permalink post page) is referenced consistently across all compended blogs on permalink post pages via a canonical link element (i.e. canonical tag). That eliminates duplicate copies of the permalink post page. The content of the post is nonetheless included on the compended blogs — in a fashion not dissimilar to post content being included on category pages, tag pages and date-based archives on WordPress blogs.

Here’s an example of two compended blogs (#1 and #2) and a post that is contained on both.

When considering duplicate content as it relates to SEO, bear in mind it’s not a penalty, but a filter, and that filter works query-time to favor the most relevant and authoritative result for the query entered. Given that, a particular compended blog will be most appropriate to the query, e.g. the query “2010 mustang sports car” would be most relevant to the Sports Cars blog. Note also the compended blogs are in subdirectories, not subdomains. The typical company will have a handful or perhaps dozens of compended blogs, large enterprises may have hundreds. It wouldn’t be unusual that a new post published on a WordPress blog and is in a couple categories and in a dozen tags would be duplicated (16 times including the date-based archives and home page, to be exact) more than a post on a typical Compendium network.