This should be a really great contest. I followed one of Tiffany’s prior contests and learned a lot about how to get traffic to my Squidoo lenses. I am loving Squidoo. As most of you know, I do not hold myself out as a make money online guru. However, I will admit to you that I have started to make some decent money using Squidoo. So far this month I have make $120. I know that this is not a lot, but it is a great way to diversify and create multiple online income streams.

If you are interested in reading some of Tiffany Dow’s guide on how to make money using Squidoo, you should really check them out. Tiffany is a great writer and is a true Squidoo expert. Tiffany has two really excellent Squidoo ebooks.

The first one is Social Networking on Squidoo. This is a great beginner to intermediate guide on how to make money with Squidoo.

The second Tiffany Dow Squidoo guide is Flip That Lens.  In this guide, Tiffany describes how you can make a lot of money quickly building Squidoo lenses and then selling them to other marketers.  Flipping Squidoo lenses is a great way to make money fast on the Internet.

For me the best part about Squidoo is that I can create Squidoo lenses very quickly.  This allows me to target a bunch of affiliate products hoping that one becomes successful.  I have had great luck so far with Squidoo.  My lenses rank very well with Google and Yahoo and they bring me very targeted visitors.  I highly encourage you to buy one of Tiffany’s Squidoo guides listed above.  I would definitely start with the  Social Networking on Squidoo ebook.

I think that the number one reason most people fail at Internet marketing is that they give up on something too quickly. They set up a blog, put some affiliate ads on it, and then become discourage when no one buys their affiliate products. I know that I have had this problem. However, Squidoo has helped me build up my confidence.

How did Squidoo help me to build confidence?

Well, it is simple really. I made my first affiliate sales with it. That’s right, I finally made money online. However, it was kind of by accident. One day in December, I decided to log in to clickbank and check out my account. To my surprise, I had sold 4 affiliate programs with a Squidoo lens that I had forgot about. I created this lens in August when I was participating in the Thirty Day Challenge. I created a Squidoo lens for an affiliate product, but then quickly forgot about my lens.

I sure was surprised when I learned that I made $85 from this site that took me 15 minutes to build. So far this month I have made over $100 this month so far on three lenses.

Why is Squidoo such a good way to start making money online?

1. Squidoo is easy. You can create a lens in about 15 minutes once you get familiar with the interface and Squidoo modules.

2. Squidoo lenses rank high in Google’s search engine results pages. If I carefully select my keywords, I can quickly rank in the top 10 pages on Google which allows me to get some traffic. Remember, focus on long tail, focused keywords.

3. You can promote affiliate products on Squidoo. Unlike many free website platforms, Squidoo allows you to insert affiliate links into your lenses. This allows you to start making money with Squidoo very easily.

4. You can experiment. Because Squidoo lenses are quick to create and you can quickly get some traffic, they are great for experimenting with different website styles, affiliate promotions, sales copy, etc.

5. Squidoo is great for diversifying. Many of us bloggers tend to focus on our flagship blog, and fail to diversify. But every personal finance advisor will tell you that you must diversify your investments. This is also true for Internet marketing. Don’t just focus on your flagship blog. Build Squidoo lenses, create build a niche stores to sell ebay products, create Hubpages, create niche Blogger blogs, etc. Don’t put all of your eggs in the same basket.

So go sign up for Squidoo. And, go sign up for Clickbank and sell clickbank products on you lenses.