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Old 09-01-2010, 07:55 PM   #1
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Default My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

I have posted this topic before in the general discussion forum. One of the people who replyed suggest to repost it in the cpa forum and asking for the opinion of Kenster, Mike Morgan, and Williamrs.

I'm Anass Farah, I'm 16 years old and I discovered Internet Marketing one year ago. (Pretty small Presentation)

I come here to warriorforum to see if one of my challenge are possible.

I want to make 250 000 dollars in two years. I want this money for studies, I need this amout of money to be able to go and study in a famous american university(stanford).

So I'm here to present my plan to be able to do this.

I will use blogging + Email Marketing. I'm blogging on the self improvement niche, I've just started but I think I can earn 10000 dollars per month using my blog and affiliate marketing. The money that I will make from my blog will be used in ppv marketing, and to build a mail list in a market such us weight loss or internet marketing, and also to build some sniper sites for some product launchs ( google sniper by george brown).

So right now my mailing list can get 500 subscribers, when I will make some money I will expand it.

I will start building a mail list in weight loss & fitness, my main question is :
Is it possible to build a 10000 subscribers mailing list in one year and develop a good relashionship with them, moreover is it possible to earn 250 000 dollars in 2 years or less using my strategy ?

Thank you

SelfImprovementEdge
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Old 09-01-2010, 08:39 PM   #2
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Hi There Anass

Stanford is a great school and I am thinking about going there for an MBA in a year or two depending on where I am with my business.

I guess I will start and say that there is a lot of potential online as you are aware, but it will require a lot of work. For the most part, the people making a real lot of money have studied IM for a while. There are countless stories of people making a lot online right from the start, but they are the exception. I think my success was much faster than most peoples as well, but I think its very important to realize that success isnt a walk in the park.


Now, are your goals achievable. Yes they are, but it will be an extremely difficult journey that will require 100% effort, dedication, perseverence, and a great mindset for the next two years without lapse.

Is it possible to build a list of 10k in a year? Yes, this is probably the easiest of your goals to achieve. That works out to under 30 opt ins a day which is certainly achievable, but again, it will require a lot of work and you wont get up to that overnight.


If you are focusing on the self-improvement niche, here are some thoughts off the top of my head...

-You need to establish yourself as an expert in the industry to start off. To do this, create videos for free and post on youtube, join some self-improvement communities and become an active value-adder. Become an expert exine article writer or find some other small accreditations or certifications. Your blog is a good home base to establish yourself as an expert as well. Be sure to provide great value for free

-Another option I would think about is to wait a while before monetizing and then hold a seminar or something of that sort. The great thing about seminars (assuming thats your cup of tea) is that first you can make a lot off the admission to the seminar. If you establish yourself as an expert, people will be willing to pay a lot to listen to you. You can get businesses to buy tickets for their employees etc. You can make 30-50 grand an event if you work your butt off. You can also upsell at the event a product or service to help earn some more money as well.

-Try and stick with one niche. If you are starting with little experience, it will be very hard to enter multiple niches from the start and make your 250k in 2 years because you will be spreading yourself too thin.

-Another option is to do some sort of coaching or consulting once you establish yourself.


Off the top of my head, I think you are seeing that I would be focusing on high ticket sales, be it a seminar, a consultation service, etc. I think its also very important to become an expert first and monetize second.


So, yes the goals are achievable, but you will need to dedicate and sacrifice a lot to get there. Most people dont have the will in them to persevere and earn big numbers, but it certainly is possible.

If you have any questions, go ahead and ask.


I think I speak for the whole community here when I say good luck, work hard, and we hope to see you in the winners circle. Stanford is a great place and a great school and would be well worth 2 years of hard work.

Plus, a lot of internet entrepreneurs come out of Stanford!


Much success and prosperity on your personal and professional journey!


~Ken

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Old 09-01-2010, 08:54 PM   #3
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

My opinion...

You have some good ideas, but a few things are wrong.

First, Google Sniper is old. Some sniper sites can still work, but they are not a good model for a long-term business.

Second, you will probably need more than 10K subscribers to make $250K.

Third, I'm not going to say that it's not possible, but I think that it's hard to make $250K in 2 years starting from zero and using only free traffic.


What I would do if I had to make $250K (profits) in 2 years

I would go with paid traffic. But it's risky and I can even lose money!. Yes, it's true. However, there is where the big bucks are, and if your goal is not modest you need to take this route.

So...

STEP 1 - Make a budget
The first thing you need to do is make a budget, earn some money to get started with PPC. You can do this by working as a freelancer, getting a regular job, etc... It doesn't matter as long as you make money. How much? It depends on many factors, but since you want to profit high you need to take more risks, spend more money and learn faster. So $1,5K - $2K at least.

STEP 2 - Join some CPA Networks
Easiest part. Just join some good CPA networks such as Neverblue, Maxbounty, Clickbooth, etc.

STEP 3 - Buy a good course
Is it possible to learn a lot for free? Absolutely. However, you want to move fast and avoid mistakes. Aim small miss small. So you need a good course. There are many good ones such as PPC-Coach, but it has monthly fee and you may not be able to afford it. So if you want a cheaper alternative I recommend Chad Hamzeh's Conversion University. Look for his WSO, make this investment and you won't regret.

STEP 4 - Choose a traffic source
Don't start spending your money on multiple traffic sources or your dream of making $250K in 2 years will never become true. So choose one traffic source. I recommend you to start with PPC, social or search. Although I started with search I think that social is much easier for beginners, so Facebook can be a good alternative.

STEP 5 - Choose offers
Don't try to figure out everything by yourself. Remember: for each thing that you know there are 100 that you don't. So ask your affiliate managers. Email them, call them, bother them! They will suggest you some offers for your traffic source and it will save you a lot of time and money.

STEP 6 - Test, test and test
Test like crazy. If you keep testing campaigns and, yes, spending money, you will find a winner sooner than you think. When it happens, you will be making money (wow!).

STEP 7 - Scale, scale and scale
Scale your profitable campaigns and keep testing new ones. Re-invest your money and keep growing your business as fast as you can.

Absolutely no gurantees here that you will make even a single dollar, but I think that this is the best plan for somebody who needs to make $250K in 2 years. Hard? Yes. Possible? Definetely.


Good luck!
William

>> STOP... <<
Stop struggling alone. Stop wasting time. Stop being scammed.


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Old 09-01-2010, 09:04 PM   #4
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Thank you guys for your help
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Old 09-01-2010, 09:50 PM   #5
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

I want to focus on something that is really important about myself and my situation. The different product in IM I have were bought by family members outside of my country.
This is the problem. I live in morocco, a country in north of africa were it's practicly impossible for normal people to do online paymenet because of a currency change policy. The governement doesn't like the fact that strong currency such dollar or euro can live the country.
This creates a big problem for me because I can't pay autoresponder services such us aweber or do ppc.
Actually I'm using mailchimp free autoresponder service ( max of 500 subsciber).
To be able to pay online, I should earn some money, then open a bank account who will be filled with currency, that's the only solution that I have.
This is why I can't invest money in ppc or paid autoresponders right now
Any suggestions ?
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Old 09-01-2010, 10:23 PM   #6
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

But can you use Paypal? If you can create a Paypal account then there is a chance that you can do the currency exchange using their system. Networks will pay you in US dollar, but Paypal will convert it automatically to your currency (talk to your affiliate managers about this issue and they will certainly make you payments through Paypal right from the beginning). The same when you make payments.

I use credit card for all of my campaigns, but I think (I'm not 100% sure, though) that Facebook accepts Paypal. If they do, then go with them. It's also possible to find an autoresponder that accepts Paypal. I think that EmailAces does. Of course, Aweber and getResponse are unbeatable, but it should be enough to start with.

Done, you have an autoresponder and a great PPC platform to use.


William

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Stop struggling alone. Stop wasting time. Stop being scammed.


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Old 09-01-2010, 10:28 PM   #7
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

A little problem occur, to receive money on paypal I have to validate the account. To do this I need a valid credit card, I tried to do it before but paypal didn't accept my card.
A message shows that this is a problem of law in my country
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Old 09-01-2010, 10:30 PM   #8
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

My 2 cents...

If you plan on making $125,000/year then why wouldn't you stick with internet marketing?
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Old 09-01-2010, 10:37 PM   #9
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Didn't understand what do you mean tristangemus
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Old 09-01-2010, 11:02 PM   #10
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Not sure either.

You can verify a paypal account with your bank information as well. I am not sure if there are any related implications with bank verification from your country though!

If you are really serious about making big money online (like it seems you are), its probably possible to set up an offshore account and use that to verify your paypal account or use it directly to do your transactions. Again, not sure if your country even allows offshore banking with US currency.

As they say, if there's a will, there's a way. Do some searching online and my bet is that theres a way to get it done legally!

Best, Ken

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Old 09-01-2010, 11:04 PM   #11
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

I will try to find a solution ;D
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Old 09-01-2010, 11:41 PM   #12
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

So because I don't want to waste time, I will start by doing some article marketing & video marketing on youtube and other websites. I will try to improve my blog rank to gain some organic search (long term strategy), I will try to show a popup when a new visitor come to collect email & name.
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Old 09-02-2010, 10:37 AM   #13
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by selfimprovementedge View Post
So because I don't want to waste time, I will start by doing some article marketing & video marketing on youtube and other websites. I will try to improve my blog rank to gain some organic search (long term strategy), I will try to show a popup when a new visitor come to collect email & name.


Okay, just remember that in general, the longer you wait to monetize, the more you will generally make.


The play I would do to get to a quarter mil in 2 years is to go the first 6 months without collecting a single penny. Establish yourself first and monetize later.

I would do a high ticket item and big launch strategy or hold high ticket seminars or something



For your pop-up, look into a lightbox pop-up so it has less chance of being blocked. Also remember to provide tremendous value as an incentive to sign up. Your goal isnt just getting a list, its getting a list thats thirsty for whatever you give them.

I would rather have a list of 1k loyal and happy subcribers than a list of 10k regular subscribers any day of the week!


~ken

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Old 09-02-2010, 11:29 AM   #14
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by selfimprovementedge View Post
A little problem occur, to receive money on paypal I have to validate the account. To do this I need a valid credit card, I tried to do it before but paypal didn't accept my card.
A message shows that this is a problem of law in my country
You can use a vcc if you just want to verify your paypal account, 1000's of people use vcc to verify there paypal account,

hope this helps
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Old 09-02-2010, 12:29 PM   #15
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Take Kenser's and Harro's suggestions and try to verify your Paypal account. There must be a way you can do it from your country.

You will need to receive money from the networks by check, wire transfer or Paypal. So based on what you said I think that the first 2 options would be a problem. So you need Paypal regardless the method you use to send traffic to your offers. :/


William

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Stop struggling alone. Stop wasting time. Stop being scammed.


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Old 09-02-2010, 12:34 PM   #16
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

selfimprovementedge....

Kenster nailed it when saying be patient on the monetization, especially in your situation. You're going to really need to overdeliver to your list, don't keep nailing them with offers.... instead provide them content for a WHILE as if you were already rich and didn't need the money. This is especially important if you're going to be going for larger payoffs like you might need to be.

You can definitely do it, but it's going to take a lot of work. Quite frankly, the majority of the people that fail online went into it thinking your computer just turns into a magical ATM with a few keystrokes.

It's not at all the case. People lack trust with online transactions and that's one of the first hurdles you need to overcome. It can be a big hurdle, but if you're using primarily free traffic then its a hurdle you'll need to take care of. Even if using paid traffic, you'll get bigger payoffs with patience.

Good luck on your journey, try to enjoy it and don't get frustrated. Just keep asking yourself "how can I help my market?", and you should get the answers you need.

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Old 09-02-2010, 12:59 PM   #17
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

If you just want 3 people's opinions why not PM them privately?

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Old 09-02-2010, 01:39 PM   #18
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by tristangemus View Post
My 2 cents...

If you plan on making $125,000/year then why wouldn't you stick with internet marketing?
Hey selfimprovementedge,

I think what tristangemus was trying to say here was that if you are going to (hopefully!) be making $125k/year, then why go to college?

I would have to agree with him there, but that's not the issue we're talking about here! As far as your plan goes, I think it sounds like a pretty solid strategy.

And something else you may want to consider is building a network of content blogs that guide people to CPA offers, rather than just 1 affiliate site. You add an email capture to the blog, add tons of 100% original (and free!) content, and then outsource a free report that people will receive when they opt-in to your list.

Think about it this way, by creating a network of sites, you are essentially building multiple streams of income. And, in my opinion at least, that is the absolute best way to make a consistent and sustainable online income. Putting all of your time and effort into 1 site and hoping that it is going to make you a six-figure income can be very risky. Wouldn't you rather put together multiple sites, in different niches, all making you money every single day? Even if one or two of them fail, you still have other sites that are ALWAYS making you money.

But the key to this strategy is to have the link to your CPA offers within the reports. This way you aren't coming across as trying to sell anything to your visitors. It's only once they are on your list and reading your free report that they are presented with an affiliate link.

I have found that people really appreciate this. I don't know about you, but it seems like every single site I visit these days, I'm trying to be sold something. It's gets very frustrating and, in my opinion, you instantly lose credibility as an unbiased source of information.

So be careful when constructing your content blogs/affiliate sites. As Kenster said before, you want to gain the visitors trust by giving away TONS of free information. I also firmly believe that a list of 1,000 loyal visitors is a heck of a lot better than a list of 10,000 visitors who only opt-in to your list to get your report and then never read another one of your emails.

Keep that in mind and keep us updated on your progress! If you stick with it and work hard, there's no reason you can't achieve your goals!

Best of Luck,
CPABrainstormer

Tim Van Dalsum - Owner of CPABrainstorm.com. A site dedicated to bringing the community of Cost Per Action Marketers together. Check out the site and see exactly what I do, every day, with my CPA marketing business!
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Old 09-02-2010, 02:40 PM   #19
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Yeah Tim, I think my point was that is takes a lot of incubation and value addition before one should monetize assuming you want to get to big numbers like that within 2 years. If there is a way to monetize the CPA offer within the report to make it not salesy at all, then perhaps I would agree with that strategy.

Otherwise, I would still try and build a good relationship with your list for months and then try and do a big launch of some sort, such as a product or seminar.

Perhaps he can pursue a CPA strategy, and then a seperate strategy to monetize a high ticket item.


Ken

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Old 09-02-2010, 03:01 PM   #20
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

I think by the second year of your plan you should launch your own subscribtion based product that could get you 100k ish on its own if you do it right.
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Old 09-02-2010, 03:28 PM   #21
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Thats a great plan and the potential to make more then $250.000 a year.
WIth a list of 10k people its all about the way you market to them.

To get a list started ezinearticles is the best.
Get out 200 articles and you will have autopilot money for life.
Given that the niche you are in is huge, hungry and marketable.

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Old 09-02-2010, 04:50 PM   #22
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

selfimprovementedge, sounds like you're on your way to great things!

Don't forget to spend some time looking for Scholarships too or having a business pay for your tuition :-) There is a ton of free money out there. I say get your $250k AND have someone else pay your tuition. Stay motivated and dream big and you'll get there.

Best of luck! Looking forward to hearing about your success!
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Old 09-02-2010, 05:05 PM   #23
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

An ambitious goal for sure. It?s doable but you will undoubtedly require a lot of hard work, dedication and sometimes sacrifices. Good luck and I hope you will make double the money you?ve set as your goal.
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Old 09-02-2010, 05:28 PM   #24
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Hi SelfImprovementEdge,

Little word of warning to you. There are lots of people in this place that want to make you think it's feasible to achieve your goal because they have a product to sell that will help you (or others reading the post) to get there. Make sure that you bear this in mind when listening to any advice.

The truth is that $250 000 is a lot of money and I think that you're probably unlikely to get anywhere close (have been in this industry for over 5 years and it's tough). Don't want you to mess up your life based on some misbelief that you're likely to get there - you probably won't. I'm not saying give up - just bear this in mind when you're making your decisions.

Best of luck,

Andy

Not trying to sell you anything :-)
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Old 09-02-2010, 05:57 PM   #25
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by Andy1750 View Post
Hi SelfImprovementEdge,

Little word of warning to you. There are lots of people in this place that want to make you think it's feasible to achieve your goal because they have a product to sell that will help you (or others reading the post) to get there. Make sure that you bear this in mind when listening to any advice.

The truth is that $250 000 is a lot of money and I think that you're probably unlikely to get anywhere close (have been in this industry for over 5 years and it's tough). Don't want you to mess up your life based on some misbelief that you're likely to get there - you probably won't. I'm not saying give up - just bear this in mind when you're making your decisions.

Best of luck,

Andy

Andy,

We can all clearly see from your post and sig that you do not believe in trying to sell people stuff. However, to make a claim that the only reason that other people are trying to answer/help out the OP is to try and get them to buy something, is pretty unfair.

I have been in CPA marketing for a little over a year and IM for almost three and know plenty of people who have made this kind of money in two years.

So it is not only possible, but with the potential for profit in this industry I believe that that number can even be exceeded. Any person that is willing to put in enough time and hard work can do extremely well. So don't let people discourage you selfimprovementedge! Just keep learning and trying new stuff and you'll get there!

Best of Luck,
CPABrainstormer

P.S - As you can see, I'm not trying to sell anything either !

Tim Van Dalsum - Owner of CPABrainstorm.com. A site dedicated to bringing the community of Cost Per Action Marketers together. Check out the site and see exactly what I do, every day, with my CPA marketing business!
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Old 09-02-2010, 10:04 PM   #26
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

$250,000 is tough, no doubt about that, but it IS possible...I can guarantee its possible.

Many people dont have the work ethic, stamina, dedication, and persistence to make it, but numbers like that are possible.

Its hard to find a balance between supporting people in their goals and preparing them for the tough journey. I try my best though!

~ken

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Old 09-03-2010, 04:50 AM   #27
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

thanks harro1 for confirming that's possible to verify paypal with a virtual credit card, I think i will create my vcc with neteller (if there is a vcc that's not try to verify the age it will be good). I not try to see if one of my family members can verify it for me.
I have a little quesiton: when using the international bank transfer it's possible to send money with my country currency then it will be changed to dollars ?
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Old 09-03-2010, 05:02 AM   #28
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

despite what everyone tells you..it's not that easy and you will hit many bumps along the way...but it is doable for sure. Guarneteed? No way!

At least you never said something like "I only want to make $1 million a year..."

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Old 09-03-2010, 05:02 AM   #29
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it would be great if you came back in 2 years and told us how you did....but they rarely do.....

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Old 09-03-2010, 06:20 AM   #30
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

I will try to keep a journal of the things I'm doing ( for feedbacks and suggestions), but even if don't make the 250000 dollars I will have learned a lot of things
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Old 09-03-2010, 06:35 AM   #31
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by williamrs View Post
My opinion...

You have some good ideas, but a few things are wrong.

First, Google Sniper is old. Some sniper sites can still work, but they are not a good model for a long-term business.

Second, you will probably need more than 10K subscribers to make $250K.

Third, I'm not going to say that it's not possible, but I think that it's hard to make $250K in 2 years starting from zero and using only free traffic.


What I would do if I had to make $250K (profits) in 2 years

I would go with paid traffic. But it's risky and I can even lose money!. Yes, it's true. However, there is where the big bucks are, and if your goal is not modest you need to take this route.

So...

STEP 1 - Make a budget
The first thing you need to do is make a budget, earn some money to get started with PPC. You can do this by working as a freelancer, getting a regular job, etc... It doesn't matter as long as you make money. How much? It depends on many factors, but since you want to profit high you need to take more risks, spend more money and learn faster. So $1,5K - $2K at least.

STEP 2 - Join some CPA Networks
Easiest part. Just join some good CPA networks such as Neverblue, Maxbounty, Clickbooth, etc.

STEP 3 - Buy a good course
Is it possible to learn a lot for free? Absolutely. However, you want to move fast and avoid mistakes. Aim small miss small. So you need a good course. There are many good ones such as PPC-Coach, but it has monthly fee and you may not be able to afford it. So if you want a cheaper alternative I recommend Chad Hamzeh's Conversion University. Look for his WSO, make this investment and you won't regret.

STEP 4 - Choose a traffic source
Don't start spending your money on multiple traffic sources or your dream of making $250K in 2 years will never become true. So choose one traffic source. I recommend you to start with PPC, social or search. Although I started with search I think that social is much easier for beginners, so Facebook can be a good alternative.

STEP 5 - Choose offers
Don't try to figure out everything by yourself. Remember: for each thing that you know there are 100 that you don't. So ask your affiliate managers. Email them, call them, bother them! They will suggest you some offers for your traffic source and it will save you a lot of time and money.


STEP 6 - Test, test and test
Test like crazy. If you keep testing campaigns and, yes, spending money, you will find a winner sooner than you think. When it happens, you will be making money (wow!).

STEP 7 - Scale, scale and scale
Scale your profitable campaigns and keep testing new ones. Re-invest your money and keep growing your business as fast as you can.

Absolutely no gurantees here that you will make even a single dollar, but I think that this is the best plan for somebody who needs to make $250K in 2 years. Hard? Yes. Possible? Definetely.


Good luck!
William
I agree with everything said here except for that in red..... I would be choosing markets and not offers. Once you find a great market then you can find many offers to suit it perfectly. This is done for many reasons - but the main ones are:

- You will know what that market wants and will be able to provide what they want much more easily because you understand their desires.

- Offers come and go; markets don't (usually). What would happen if you spent days optimising a campaign for an offer and then it disappears? You're screwed - that's what

Best of Luck!

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Old 09-03-2010, 07:02 AM   #32
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I've just join in neverblue and maxbounty, what should I do to make the process faster ?
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Old 09-03-2010, 07:06 AM   #33
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Call them before they call you.
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Old 09-03-2010, 07:30 AM   #34
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maxbounty give me a the number of the AM to call but neverblue no.
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Old 09-03-2010, 09:04 AM   #35
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So then I would take kenster suggestion of building authority in the niche first for 6 month. I will also use machiavelli suggestion of writing a lot of article for article directories. In the first month i will focus on building a strong relation with my list. Give a lot of useful and valuable stuff (videos, report, and others) for free. A question, is it important to send some product promotion in the first day of my list ( i mean first months) to teach them to click on promo. I mean for example one promo per month, what do you think ?
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Old 09-03-2010, 10:38 AM   #36
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

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Originally Posted by Andy1750 View Post
Hi SelfImprovementEdge,

Little word of warning to you. There are lots of people in this place that want to make you think it's feasible to achieve your goal because they have a product to sell that will help you (or others reading the post) to get there. Make sure that you bear this in mind when listening to any advice.

The truth is that $250 000 is a lot of money and I think that you're probably unlikely to get anywhere close (have been in this industry for over 5 years and it's tough). Don't want you to mess up your life based on some misbelief that you're likely to get there - you probably won't. I'm not saying give up - just bear this in mind when you're making your decisions.

Best of luck,

Andy
Andy,

If you have 5 years of experience in this industry then you have been around internet marketing for more time than I have. However, I think that I have enough experience to say that your advice is a bit misleading.

I have WSOs in my sig, but I don't think that my advices are worth less than yours for this reason. I make just a few bucks a month selling my reports and they don't represent even 5% of my income. Actually, if I decided to charge for each PM that I answer from people who haven't bought my products asking for help I think I could quit my CPA business and work only as a coach. So I don't think it's fair you say that people who have WSOs are only interested in selling their products.

My main goals on this forum are to help people and establish relationships with other successful affiliates. The second one is what actually makes me money on this forum, and lot's of it. So if I told the OP that I think that it's possible to make $250K in 2 years it's because I do believe that it is possible.

I'm not making $1K a day on avg yet, but I'm not far from reaching this number after less than 1 1/2 year making money online. My first 1 /12 year was a total failure (I've been working online for about 3 years now) because I had problems with the idiom (had no money to pay writers) and started the wrong way (MLMs, traffic exchanges and other useless things). However, I know affiliates who got to this level in less than a year. So, I believe that it's 100% possible to get to this level in a year or so if you start the right way and don't waste your time with things that don't produce results. If you make $1K a day in profits it's $360K per year, more than the OP needs.

Based on this fact, my conclusion is that it's feasible. Not easy, of course, but feasible. Now, we can be pessimist and say that it's hard or optimist and say that it's possible.


William

>> STOP... <<
Stop struggling alone. Stop wasting time. Stop being scammed.


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Old 09-03-2010, 10:43 AM   #37
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by sloanjim View Post
despite what everyone tells you..it's not that easy and you will hit many bumps along the way...but it is doable for sure. Guarneteed? No way!

At least you never said something like "I only want to make $1 million a year..."

Hi Jim! No, I don't think anybody was insinuating it will be "easy". A quarter million bucks is a lot and will require a quarter million of value addition and a quarter million of work, dedication, perseverence, and grinding.

Its not easy but its possible. There are two steps in achieving success.

1. Belief
2. Action

The first part is believing you can do something. Thats what I think the warriors here were trying to get at. It can be done and we are trying to motivate the OP because it is possible. And by the way, belief isnt jsut telling yourself you can make 250k in 2 years, its really convincing yourself and internalizing it. Make it part of your reality, dont just write it on a post-it and thats it!

The second part is action, this only the OP has complete control over. We can give advice and cheer and tell the OP it will be quite an exhausting and tough journey, but only the OP has teh ability to grind away, take action, and make things work.

Both are equally necessary and the second is substantially more difficult.




Quote:
Originally Posted by selfimprovementedge View Post
So then I would take kenster suggestion of building authority in the niche first for 6 month. I will also use machiavelli suggestion of writing a lot of article for article directories. In the first month i will focus on building a strong relation with my list. Give a lot of useful and valuable stuff (videos, report, and others) for free. A question, is it important to send some product promotion in the first day of my list ( i mean first months) to teach them to click on promo. I mean for example one promo per month, what do you think ?

There are numerous ways to approach making money. I would consider all possibilities before taking action on mine. I personally think its a agreat direction to take, but not every direction is meant for everybody so make sure it fits your character as well!

As for the list strategy, I would hold off. People are very very very aware of sales pitches and you lose a lot of credibility if you keep pushing promotions. My strategy would go something like this...

Think about your big money maker if you are pursuing the high ticket direction (seminar, high ticket product). Now figure out when you will be pitching it. I wouldnt do anything under 6 months because you need to establish yourself hardcore to start.

Now about 2 months before the launch (whatever it is) you want to SLOWLY prepare your list that you will be selling something in the future to warm them up so they arent shocked. Maybe if you are pursuing the serminar idea, you write in one of your emails something along the lines of "I've been too busy to do one on one consultations lately, but maybe I will set up an exclusive seminar for you guys in the future"

Then slowly work up to the actual pitch of the seminar.

so...
-dont be over-anxious about monetizing from the start
-focus on value addition
-high ticket item or seminars are great
-establish yourself through articles, videos, certifications, your blog


Best of luck buddy!


~ken

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Old 09-03-2010, 11:06 AM   #38
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thanks harro1 for confirming that's possible to verify paypal with a virtual credit card, I think i will create my vcc with neteller (if there is a vcc that's not try to verify the age it will be good). I not try to see if one of my family members can verify it for me.
I have a little quesiton: when using the international bank transfer it's possible to send money with my country currency then it will be changed to dollars ?
If you are below 18 you can't create paypal a/c according to paypal TOS, but i know 13-14 year old kids having paypal a/c's so yes it's possible to get paypal account with vcc even if you are below 18,

I know few places where you can get those vcc's dirt cheap,(5-6 bucks)

Sorry i didn't understand your second question : )
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Old 09-03-2010, 11:29 AM   #39
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by selfimprovementedge View Post
maxbounty give me a the number of the AM to call but neverblue no.
Call him and explain that you are having web sites with US traffic. You can tell about PPC, Organic traffic, Article Marketing and PPV.
Good luck!

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Old 09-03-2010, 10:42 PM   #40
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by Cash37 View Post
If you just want 3 people's opinions why not PM them privately?

lol, Because I told him to do it this way, for a very good reason.

If you read this thread you'll understand why. It is because I knew if you get the CPA guys talking (I chose 3 I like listening to, and recommended he call them out), and bouncing ideas off of each other he is going to get far more information than through a simple PM to each of them separately.

It builds a conversation which creates added ideas and added motivation.

If you go and read his original post in the general discussion area it was filled with negative beliefs of this not even being possible. I was very confident by sending him into this group he would find a completely different attitude, one which promoted his capability to succeed, if he is willing to work hard, take consistent-constant action, and to continue learning.

So, you can blame me....

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Old 09-04-2010, 12:52 AM   #41
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by williamrs View Post
My opinion...

You have some good ideas, but a few things are wrong.

First, Google Sniper is old. Some sniper sites can still work, but they are not a good model for a long-term business.

Second, you will probably need more than 10K subscribers to make $250K.

Third, I'm not going to say that it's not possible, but I think that it's hard to make $250K in 2 years starting from zero and using only free traffic.


What I would do if I had to make $250K (profits) in 2 years

I would go with paid traffic. But it's risky and I can even lose money!. Yes, it's true. However, there is where the big bucks are, and if your goal is not modest you need to take this route.

So...

STEP 1 - Make a budget
The first thing you need to do is make a budget, earn some money to get started with PPC. You can do this by working as a freelancer, getting a regular job, etc... It doesn't matter as long as you make money. How much? It depends on many factors, but since you want to profit high you need to take more risks, spend more money and learn faster. So $1,5K - $2K at least.

STEP 2 - Join some CPA Networks
Easiest part. Just join some good CPA networks such as Neverblue, Maxbounty, Clickbooth, etc.

STEP 3 - Buy a good course
Is it possible to learn a lot for free? Absolutely. However, you want to move fast and avoid mistakes. Aim small miss small. So you need a good course. There are many good ones such as PPC-Coach, but it has monthly fee and you may not be able to afford it. So if you want a cheaper alternative I recommend Chad Hamzeh's Conversion University. Look for his WSO, make this investment and you won't regret.

STEP 4 - Choose a traffic source
Don't start spending your money on multiple traffic sources or your dream of making $250K in 2 years will never become true. So choose one traffic source. I recommend you to start with PPC, social or search. Although I started with search I think that social is much easier for beginners, so Facebook can be a good alternative.

STEP 5 - Choose offers
Don't try to figure out everything by yourself. Remember: for each thing that you know there are 100 that you don't. So ask your affiliate managers. Email them, call them, bother them! They will suggest you some offers for your traffic source and it will save you a lot of time and money.

STEP 6 - Test, test and test
Test like crazy. If you keep testing campaigns and, yes, spending money, you will find a winner sooner than you think. When it happens, you will be making money (wow!).

STEP 7 - Scale, scale and scale
Scale your profitable campaigns and keep testing new ones. Re-invest your money and keep growing your business as fast as you can.

Absolutely no gurantees here that you will make even a single dollar, but I think that this is the best plan for somebody who needs to make $250K in 2 years. Hard? Yes. Possible? Definetely.


Good luck!
William
Nice! No Fluff No BS! I like how straight forward you are! nothing means more to me than an honest person. I love PPC and have done well with it!
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Old 09-04-2010, 03:23 AM   #42
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by selfimprovementedge View Post

I will start building a mail list in weight loss & fitness, my main question is :
Is it possible to build a 10000 subscribers mailing list in one year and develop a good relationship with them, moreover is it possible to earn 250 000 dollars in 2 years or less using my strategy ?

Thank you

SelfImprovementEdge
Hey Anass,

First of all I wish you a happy journey to 250,000 in just just 2 Years.

You are asking …

Is it possible to make $250,000 in just 2 Years?

Before I give my answer, I want you to answer the following questions.
  1. Are You Ready to Make Your Goal Very Clear?
  2. Are You Ready To Get Focused?
  3. Are You Ready To Develop The Right Mindset?
  4. Are You Ready To Properly Organize Yourself And Resources?
  5. Are You Ready To Follow A Proven And Solid System?
  6. Are You Ready To Diversify Your Money Making Ways And Traffic Sources?
If you answer YES to all the six questions, My Answer is …YES! You can make 250,000 in just 2 Years.

But, one thing that you need to be aware is that it is not going to be an easy journey.

First,
Develop the Right Mind set

If you really want to
250,000 in just 2 Years, first you need to develop the right mindset …

Believe – Say “, What Ever It Takes, I Have to Make $250,000 in two Years”


You should believe that ordinary people from all walks of life are making tons of money online. You can do same thing.


Treat As a Business


To make
250,000 in just 2 Years and become a successful, you need to treat it like a JOB.

Whatever you do online, it’s a business. It requires putting daily and consistent effort just like people do at their jobs.


Just like any other business in the world, it requires…

• Hard Work.
Determination.
Consistency
Persistence
Skills
Knowledge

Be Patient


The first reason, most people fail online is the mindset to become rich overnight and failing to achieve it.

The truth is


You can’t become rich overnight.


To
make $250,000, you need time.

So, you need patience. Your perseverance is key!


You should never believe the hype propagated by the so called GURUS.

Some GURUS would tell you that you could be rich just working 2 hours a day. Some would even tell you, they have netted $100, 000 in just two hours. Those people who say they are only working 2 hours a day on their business and making full time income have spent many years enduring hardship to get where they are now.

Second, Organize Your Self


Manage Your Time Properly


As an online Entrepreneur you will have many tasks.

Therefore, you have to manage your time properly so as to perform all your tasks successfully.

Have a Plan – Work a Plan


Organizing your resources, time, money and skills is the key factor to
make 250,000 in just 2 Years.

Therefore, you should have a solid and comprehensive plan to accomplish these tasks.


Having a plan by itself is not sufficient for your business success.

Make a plan – work a plan.

Third, Identify Proven Money Makers


What I like about the most is that …


You have already selected a proven and defensible business model – Building a List. That is really great.

I want to remind you upfront that …

Don’t Depend on a Single Source of Traffic
. Never!

As this point very important, let me briefly explain …


You should never rely on the single source of traffic. For instance, if you focus only on SEO, that means, your business is dependent on the search engine rules. If for what so ever reason, Google bans you, your business will totally disappear.

The solution is simple …

You need to have
Multiple and Diversified Traffic Channels.
I can’t emphasize more.

You need to use Diversified traffic source!


Fourth, Take Action
.

Take action!


If you have habit of jumping from one system to other, stop it.

Get focused and take action
.

Finally, I Want To Give You An Assignment…

1.
First, make your goal crystal clear on your mind.
Your goal is to
make 250,000 in just 2 Years.

2.
Identify Proven and solid money making model that can help you accomplish your goal

3.
Select diversified and solid traffic sources

If you really want to build a list of 10,000 subscribers, make sure that you use proven and diversified traffic sources.


Please, don’t complicate building a list of 10,000.


Let me show you how simple it is …


Just check the following article …


http://www.articlesbase.com/pregnancy-articles/how-to-get-pregnant-4-secrets-on-how-to-get-pregnant-finally-revealed-1611333.html


It has more than 200,000
views.

Which means …


If you create such kind of article that has 20% CTR and direct the traffic into lead capture page with 30% conversion rate, you can build 10,000+ subscribers from
just one article.

This is to show you how simple things are if you know how to do it the right way. You can do the same thing with other traffic sources.


The whole trick is …


IDENTIFY
what works and exploit it to the maximum possible.

So, go and
Dig Out powerful traffic sources.

4.
Develop a plan

Hope it helps.


Let me know if there is any thing I missed.

Mike

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Old 09-04-2010, 05:00 AM   #43
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

@KansasDragon
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Old 09-04-2010, 05:06 AM   #44
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Thank you Mike for your help and for giving this blueprint to follow and use (The direction you give me will help me a lot) Thanks again
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Old 09-04-2010, 07:50 PM   #45
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And by the way I will try to see how some people in my niche are trying to sell (do not by their product but see how they write articles, emails, what type of free content do they give, how they build relashionship), and maybe have connection with some of them ( trough guest posting in their blog) what do you think ?
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Old 09-04-2010, 08:06 PM   #46
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

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If you just want 3 people's opinions why not PM them privately?
He wants an answer now, he doesn't want to have to wait a month or two. LOL

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Old 09-04-2010, 08:54 PM   #47
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Just to be honest, the information I get in this post where far more interesting than the one I get in OP in the general discussion forum. I asked for williamrs, kenster and Mike morgan opinions because KansasDragon told me to do so, and the result was great I've learned many things from them and mann beginners will learn from them. But As I said before I everyone who wants to give a suggestion is welcome (even if it's something that can be see as demotivation, It will just make my motivation stonger )
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Old 09-04-2010, 09:00 PM   #48
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

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Originally Posted by selfimprovementedge View Post
Just to be honest, the information I get in this post where far more interesting than the one I get in OP in the general discussion forum. I asked for williamrs, kenster and Mike morgan opinions because KansasDragon told me to do so, and the result was great I've learned many things from them and mann beginners will learn from them. But As I said before I everyone who wants to give a suggestion is welcome (even if it's something that can be see as demotivation, It will just make my motivation stonger )
Well, the 3 of them are "stand up" type of guys, so I guess you can't go wrong taking any of the 3's advice!

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Old 09-06-2010, 09:29 AM   #49
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Quote:
Originally Posted by selfimprovementedge View Post
And by the way I will try to see how some people in my niche are trying to sell (do not by their product but see how they write articles, emails, what type of free content do they give, how they build relashionship), and maybe have connection with some of them ( trough guest posting in their blog) what do you think ?

Ahhh this is brilliant. Make friends with your 'competitors' and both parties will normally walk away ahead of the game. Why do you think mastermind groups within a given niche are soo powerful...I will give you a hint...if they can manage to form an oligopoly, they will all be rich together!

Just be sure to be providing value anywhere and everywhere and you'll do fine!


Quote:
Originally Posted by selfimprovementedge View Post
Just to be honest, the information I get in this post where far more interesting than the one I get in OP in the general discussion forum. I asked for williamrs, kenster and Mike morgan opinions because KansasDragon told me to do so, and the result was great I've learned many things from them and mann beginners will learn from them. But As I said before I everyone who wants to give a suggestion is welcome (even if it's something that can be see as demotivation, It will just make my motivation stonger )

I think the title was meant to be inclusive to the whole community, not exclusive to the 3 named warriors!

As for the last part of your statement...find as many ways to twist, turn, chop, spin things to be motivation and you will be fine. Turn everything and anything into personal motivation!

~ken

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Old 09-06-2010, 09:31 AM   #50
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Default Re: My 250 000 dollars challenge - Kenster, Mike Morgan, and Williamrs opinions

Don't take this the wrong way but I think your goals are too ambitious, Try smaller and taste success, then go from there, I've seen many people place high goals then do nothing but get frustrated and upset when they don't hit them

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