I have one year to make it. Realistic?

It's possible.

Some people manage it.

But the proportion of people who set out to try to manage it, who actually manage it, is extremely low.

That's about $200 per month more than I was willing to put into it, when I started. I started my whole business for about $60.

You need to change that, and quickly, and acquire some. Incomes depend on skills.

This is what I did (and still do). It may not suit you, though. (It took me 5-6 months to get to $3,500+ per month, but that was before tax).

Good observations, there. Yes, if you're analytical rather than creative, you could be well suited to a traffic-generation method like PPC. That's very analytical.

But be clear about two things ...

(i) That is a traffic-generation method, not a "business model", and ...

(ii) It's a method more suited to people with more investment capital available than $200 per month (typically your first $500+ is "educational" and doesn't produce a lot).

I haven't done a lot of PPC (though it's one of the traffic-generation tools in my armoury), but I'm guessing the answer to that one is "yes".

I don't know, but on balance, from what you've said, I'd probably recommend that you avoid affiliate marketing. Successful affiliate marketing is intrinsically an email marketing business, and people who don't like creating content tend not to be among the most successful at it. Affiliate marketing incomes tend to depend on "how good you are at email marketing" and that's less than ideal for people who don't like creating content, really. And I'm putting it quite mildly, there.


.

Hi Bhaitain,

No one can give you a definitive answer. So many unknowns. Based on my experience, though, and based on the information you've imparted, earning a profit of $3,500 per month by the end of your deadline is, generally speaking, certainly achievable. The question being: how should you go about doing it?

I could probably write for the next 12 months without stopping to give you the answer; longer probably. Instead, I'll give Cliff Notes. (Perhaps even the blurb to Cliff Notes.)

1. For now, avoid paid advertising. I do this to a great extent, have done for over a decade, and if I know anything I know complete industry newcomers would do well to avoid. It's a science. And I don't say so lightly. PPC marketing, for example, employs myriad aspects of online marketing, all of which must be mastered, or at least known fairly well, before you can truly optimize campaigns. In short: you'll be throwing away your money (for now).

2. Learn: photoshop, installing and designing (basic design) Wordpress sites, lists, sales funnels, ad copy, landing pages, CPA marketing, simple video production, free traffic platforms, domains.

3. Consider these general methods:

A) Growing a monetized list with free traffic platforms.
B) Growing traffic to landing pages with free traffic platforms.
C) Domain flipping by registering domains for between 99 cents and 5 bucks.

You can get started for around $20, or $100 if you invest in a premium theme or theme package. And that, truly, is the safest way to go. Educate yourself and don't stick to just the one method. Do that and you'll almost certainly hit your target.

Tom

You are almost there, but first do lots of learning and do not spend on learning, information is available for free.

Define "too much" content. Given your writing skills, you'd need to write no more than 2-3 articles (800-1200 words) per month to use article syndication as a traffic-generation method.

I'm under the impression that "too much content" means daily articles; it's the same impression I was under when I first started internet marketing.

Focus on SEO for now and avoid paid advertising until you gain sufficient experience.

No, but you need a lot more experience.

Learn how to target and convert traffic before you start trying to drive it.

I would HIGHLY recommend that you join a one on one coaching program! If you try at it yourself for the next year, you probably will be spending lots of money on products and fall in to shinny object syndrome since you are desperate and time is not really your friend.

I think a coaching program will really be beneficial to you. I recommend the coaching program by John Thornhill called "Partnership to Success". I can confidently recommend it because I am one of his students!

It does cost 2k but it's well worth it. If you are interested, pm me and I might be able to hook you up.

If you are looking for a lower cost solution, then I recommend the Univeristy of Clickbank.

Anyways, take a look at those two if you want, i really hope things work out for you!

Hope this helps

Nathan

Great post! All you need to do is take the time to learn from this, find a profitable niche & focus on it until it becomes successful. Most people end up quitting or jumping to another site when they don't make money the 1st 2 weeks & is probably the main reason that only a few people actually make it online. One of the things I've been trying to do, is showing people how to make their own blogs. This is one of the best things I have found to make money online & is pretty easy to add to your website

Hey, to answer your question of can you do it... the answer is yes, you can. However, as Alexa and Tom pointed out, most people don't.

I believe I have a good understanding why, and I'll share with you why I failed miserably to make any money:

1. I had Shiny Object Syndrome; I bought a LOT of different Make Money Online courses/WSOs and never stuck with any of them for more than a couple of months. Naturally, I got nowhere and kept buying more of those products, thinking that *this time* I would finally strike gold.

2. I foolishly believed that I could only make money online by selling/promoting Make Money Online products. Heh, that was a disaster.

3. I thought the only traffic source worth my time was search engine traffic. I failed miserably at that, by the way.

4. I didn't build a list; I had stubbornly refused to do so for a long time then grudgingly tried building one to promote a Biz Opp. When that didn't pan out, I rage quit for a few months - well, not exactly quit, I just wanted to take some time off to get my head straight. (Not my proudest moment.)

5. I spent far more time "getting things right" than ever doing ANYTHING.

6. I didn't assess what marketing methods I should employ based on my skillset. When I realized that I'm good at researching and creating content it became obvious that the methods I were trying to use was NOT a good fit for me (at least not with my current skillset).

To summarize my above points: don't buy a bunch of courses and hop around, don't focus exclusively on SEO (Google is very volatile anyway, one algorithm update and bye-bye traffic ), don't think you have to promote internet marketing/MMO stuff, build an email list, don't procrastinate, and assess what you're good at.

With a budget of $200/month you can *definitely* build an email list and hit your goal of about $3,000/month if you work your ass off. Another alternative to build a nice passive income is Kindle Publishing. With $200 a month you can create at least one high quality book a month through outsourcing it, and have enough money left over to outsource a bit of promotion for it - this is actually an income stream I'm excited to start building myself!

I know what it's like to have a small budget and big goals (I live in a Third World country) but truthfully anyone can easily get started with less than $100/month. Stay focused, don't screw around like I so stupidly did, and you might even surprise yourself.

Kind Regards,
Daniel

Is $3,000 - $3,500 possible after taxes?

Is this realistic?

I know some marketers who make that per day.

Others make that in an hour.

Some never make that in all their attempts to become successful in IM.

This question would be impossible to answer because Only you know yourself.

When I first got started in this industry, an EX RCMP (Royal Canadian Mounted Police) Sergeant who came online and made $300,000 in that year told me this...

He said..."Rory, Success is 95% 'Mindset' and 5% Marketing.

He was doing paid advertising back then.

Now we are going into 2015.

And Mindset is still the biggest factor of Success.

So no one can really answer that question.

Your income goal is obviously being met by some marketers as I said above.

But only you know how far you will be willing to go to achieve this goal.

Only You!

I recommend setting up a basic sales funnel and building a list in a profitable niche. Going through the process of setting up a sales funnel, and building your list will help you develop some necessary skills, and you can begin building your list with free traffic strategies (forum marketing, video marketing, social media marketing).

I believe through my own personal experience (and other IMer's I've worked with) there are a few main things that will be the biggest determiners for your success. Before saying them I want to briefly mention why I'm credible in saying this... I've tried and had varying amounts of success in several different business models since starting in 2008. I'm not going to go into detail but mention that these are the main reasons I've been successful in different businesses and more successful in some versus others.

1. A lot of it depends on how hard you work at it... your 'drive' and determination will be different than mine as mine is different than the next guys. How hard or long are you willing to do real work? for that 1 business model? If you really enjoy it then you're likely to work harder at it so choose wisely!

2. Does you business model align with your skills or personality? It's way easier to be successful with something you're good at, you already have an advantage and enjoy doing.

3. Are you following a solid business model/system? Is it fairly basic (the business models I've had/have success with were/are never that complicated)

Hope this helps!

My 2 cents would be to educate yourself and get familiar with what you see on this forum. Stick to one thing you think you can achieve and have motivation to do so for the rest of the year.

Now, me personally I like the idea email marketing and being an affiliate cause I don't have to have my own website, product and manage payments, I just drive traffic to other peoples websites.

If want to start with PPV you could look through this forum and ask questions on what you need to know, just start learning before throwing money into a campaign. Also you could look at alchebank.com he has alot of information on PPV and makes a living from it, could be good for you.

This is all just advice, do what you want to

Best of luck

If you're serious about this goal, are 100% coachable and willing to
take direction from a coach and mentor who has a long track record
of success... and who won't charge you a dime for the coaching and
mentoring... and you're willing to work hard and stay focused... and
you live in the U.S.... PM me... I'll be happy to have a conversation with
you to see if we're a good fit for each other. Don't take this offer casually.
I don't offer to personally mentor new people all that often.