What I learned at Shoemoney University

As many of you already know I am currently a senior in college and have around 9 classes left. Some people think I must graduate even if it takes me a couple more years to finish and others say I should drop out. And then there's Jeremy Schoemaker who told me to drop out of my current college and attend University of Nebraska, Shoemoney (UNSM); so I decided to take Jeremy up on his offer and attend his university for a few days. Here are some of the things that I have learned from Jeremy:

  • How to easily make 1,000 dollars a day (if not a lot more) from PPC arbitrage. The only upfront cost involves building a landing page, potentially putting up a website or two and spending a few bucks on PPC with Google, Yahoo and MSN.
  • There are 3 categories for marketing: white, grey, and black. When you do marketing you never want to go into the black range because it could lead to jail time, but according to Shoemoney, there is nothing wrong with doing some grey stuff if it does not hurt anyone and has the potential to create a lot of buzz.
  • Companies like Google, Yahoo and Microsoft have certain rules that protect them, but these things can actually be used against them to help you make money.

And just like any university, the experience is what truly makes it a great college:

  • Business trips - Jeremy picked me up in his hummer from the airport and showed me all the fun things you can do in the snow with a H2 such as jumping over curbs, sliding on ice, and ramming into the snow.
  • Business meetings - One day we had a business lunch at Hooters where we learned that Hooters waitresses live off of tips. Eating at Hooters is a great way to make sure that the meeting does not get dull.
  • Opportunity cost - Some things are not worth doing yourself such as washing dishes or cleaning the house. If you can make a couple hundred an hour why not work those extra hours and pay people to do all the work you don't want to do.
  • There is no such thing as a free lunch - Everything I did in Nebraska was paid for by Jeremy and J (his wife). I tried to pay for meals and stuff, but Jeremy said that if I tried to pull that stuff off he would get very upset with me. So after trying to pay a couple times he told me that I should not worry about it because when he comes to Los Angeles I am going to be spending a lot more money wining and dinning him.

Overall, I learned a lot from my experience at UNSM and feel that it was a better learning experience for me compared to any of my current college classes. I will still probably end up getting a bachelors degree, but hopefully one day there will be a college like UNSM that will be available to everyone who wants to learn how to make money online. At least for now you can get some of this great knowledge from Jeremy Schoemaker by attending Elite Retreat.

Enjoy the post? Here are some more that may interest you.

SMX

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Reader Comments (29)

Willan Johnson, January 4, 2007

Neil - Great post about UNSM. Looks like the the Elite Retreat fees would be recouped in about a week!

Strange Progress, January 4, 2007

Ha ha some real world schooling, Shoemoney style!

Must have been some great discussions had (you took your mp3 recorder right?!)

Matt

kimber, January 4, 2007

very cool. so, how does one go about getting enrolled in UNSM? i'm ready!

Neil Patel, January 4, 2007

Matt, I should of taken a recorder, but I did not. :(

Kimber, you can't enroll in UNSM... I think I was the first "student". If you want to learn from him you can attend Elite Retreat which is a conference he holds.

kid disco, January 4, 2007

Are there any fraternities at Shoe U?

Neil Patel, January 4, 2007

There is one, Kappa Alpha Ringtone.

alex, January 4, 2007

I've been reading your blog since you guys merged with PostBubble but this is the first time i've been able to comment. I like your list and I'm in college right now too and found this an interesting read. I dont know if you've ever seen mynoteit (http://mynoteit.com ) but i recommend you check it out to keep your school life organized.

Kian Ann, January 5, 2007

Neil, sounds like a wonderful experience you had! I too, had the same tearing feelings balancing study and my online stuff. I left school later though.

Mario Vellandi, January 5, 2007

Neil, CSUF is my alma mater. You better graduate or I'll find you & drag your ass back!

Allen, January 5, 2007

Neil - did you get a stafford loan?

Tari Akpodiete, January 5, 2007

Greet post. Two things: finish school. And remember that there are a lot of women in business, and not all of them will enjoy Hooters (or meetings in strip clubs).

Patsi M. Krakoff, January 5, 2007

Neil, you've totally lost your credibility credits with me. I realize college isn't for everyone, but I thought you'd have more sense than this. jmho, of course...

Neil Patel, January 5, 2007

Allen, luckily I have no loans.

Tari, yea this meeting place only worked because we are both guys. I have been to a lot of business meetings and I usually have them in the office or a proper sit down restaurant.

Patsi, I hope this post did not offend you in any way. If it did, I do sincerely apologize for it. Granted I attended Shoemoney U for a couple days, but I do plan on graduating from CSUF because if everything fails it is a decent backup. (I have a 6 week Winter holiday so I did not miss any school days by attending Shoemoney U.)

Christoph, January 5, 2007

Great post. I really enjoyed reading it. We got tons of snow here, too and it is fun to plow through the snow with the right kind of car.

Christoph

Dugdale, January 5, 2007

Can you tell us more about "How to easily make 1,000 dollars a day"?

Neil Patel, January 5, 2007

Dugdale, I would really love to tell you, but then I would be giving away secrets Shoemoney does not want out. :(

If you want to learn how to make money I know many of the Elite Retreat attendees walked away making couple hundred dollars a day from arbitrage. And know some of those guys are probably making 500 plus a day from it if not more.

Christine, January 5, 2007

What a funny post! I wish I could go to UNSM. I don't like that far away either.

Richard Ball, January 5, 2007

Neil, don't sweat the negative comments. I say, "Princess, if the shoe fits, wear it!" ;-)

Neil Patel, January 5, 2007

Richard, your comment made my day. Thanks!

Mike Peters - SoftwareProjects, January 5, 2007

Sounds like you had a Great Time!

Plane ticket to Nebraska: $500
2 day stay at the ShoeMoney ranch: $0
Learning arbitrage from the master: Priceless

Richard Ball, January 5, 2007

No problem, Neil. Glad to be of service.

Justin, January 5, 2007

How to easily make 1,000 dollars a day (if not a lot more) from PPC arbitrage. The only upfront cost involves building a landing page, potentially putting up a website or two and spending a few bucks on PPC with Google, Yahoo and MSN.

Explain this!

Neil Patel, January 5, 2007

Justin, I would really love to tell you, but I swore to Shoe that I would not tell anyone. :(

If you want to learn how to make $1000 from Shoe you will have to attend the next Elite Retreat.

James, January 6, 2007

"kappa alpha ringtones"

Brilliant! Interesting post as well... Any time you guys feel like coming to sunny South Africa to hand out a few classes, let me know. Unfortunately, no hooters here though.

J., January 7, 2007

Neil, you were a great guest and we welcome a prilgrimage from you anytime. J. Schoemaker, AKA Dr. Shoemoney

Neil Patel, January 7, 2007

J, thanks for welcoming me into your home. I had a great time with you and Jeremy.

oddcomments, January 13, 2007

Great post Neil! I am totally jealous! I?جø¬?m not sure why Patsi is disappointed in you. That would be like being disappointed in a Heisman Trophy winner who left college early for the 15 million dollar NFL contract. College will always be there, but you have to grab an opportunity like that when it comes.

MrMike, January 22, 2007

Sounds like you had a fun time and learned a few tricks. I'm jealous.

David Jaeger, January 22, 2007

I enjoy the post. It is very funny, becuase I am at hte same position. I am leaving college, and I have a whole bunch of people telling me I should stay!
"How to easily make 1,000 dollars a day (if not a lot more) from PPC arbitrage. The only upfront cost involves building a landing page, potentially putting up a website or two and spending a few bucks on PPC with Google, Yahoo and MSN." Actually, I did some work for a guy that doesn't even build landing pages. He sends traffic straight from ppc to the merchants site, and is massively successful.