20 replies
Hello.

Let me first tell you a little about what I do and later why am I losing my mind

So, I have a full time job and I try to earn money on the side too. I am doing some PPD (paid per download), and I make about $10 per month. Now I have quite some free time that I would like to use to build a business.

I spend too much time watching youtube videos, thinking what I want to do to make money, etc... when I really want to spend all that time building my new business that will get me somewhere.

Now I am losing my mind because I do not know what I should start. What kind of business should I start working on that I will scale and make it big.
#losing #mind
  • Profile picture of the author Gambino
    Short answer: it depends.

    Long answer: it depends on your abilities, your expertise, your goals, and to some degree your interests. It also depends on how much time and money you can invest.

    There are thousands of ways to make money online. But, it comes down to what, of value, can you provide someone that they'll happily pay you for? It may be a service or a product.

    For services and eproducts, think about what you're knowledgeable about and then identify problems you can solve.

    For physical products, think about what people are buying and how you can improve the value or perceived value of those products. Lower prices, branding, presentation, etc.

    Only you can truly determine what's right for you.

    It took years of development for me to try a number of different ways and to figure out what didn't work and what I didn't enjoy. But that lead me to what works for me. And that's building a brand of products that customers need to replenish and thus reorder regularly.
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  • Profile picture of the author coolidge
    What are you passionate about? What are your skills? Are expert at something? Only you can figure out what kind of business to start.
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  • Profile picture of the author Marc Rodill
    Hey there was some really good advice in this thread:
    http://www.warriorforum.com/main-int...1-100-day.html
    You should check it out.

    It applies to you!

    Marc
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  • Profile picture of the author RS3RS
    How can you provide value to the world?

    What can you do that will be a valuable resource to people needing your knowledge / tools / information?

    Figure out what you can provide that people will use and love.

    After that, the money just falls into place.
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  • Profile picture of the author art72
    As everyone suggested, nobody can determine what's right for you.

    My focus has always been on creating digital products and distribution, and even with nearly all the pieces at my disposal, I too was racking my brain, and over-thinking too many factors.

    In scaling back to a good starting point, something I have made money at was writing reviews, articles, and teaser posts that engage, inform, and get the readers to take an action.

    Could be, capturing their email (lead generation)

    Downloading a free ebook, with my affiliate links or website address platered inside.

    Could be just having them land on a webpage that exploits the benefits of a product, and leads to an affiliate referral or commission.

    Many scream, pursue your passion, but I often wondered; " if the makers of Charmin toilet paper had a passion for whiping people's backsides?"

    Point being, the internet has legit 'customer service jobs' with real companies that pay $11 - $16 per hour.

    A professional blogger can earn 10's of thousands of dollars from adsense, selling ad spots, and promoting the tools and resources they use to run their own business.

    Others become Youtube celebrities, and show women "How to apply make up" and make massive money.

    You can sell physical products or promote Amazon's products as an affiliate.

    If you like writing, you can write Kindle books, sell articles, or use your skills in 1000 different ways... ( this is where I lost my mind... Couldn't settle on one, so I studied them all, lol)

    People manage other peoples social media posts and comments.

    You can sell mobile apps and create & manage leads for offline businesses, and get paid.

    Or

    You can read until your head explodes... Endless posts of people who find the warrior forum and want the money... But, refuse to take action.

    Personally, I believe learning the ropes with affiliate marketing is a great starting place, as it's free to join affiljate programs, they offer tools & resources to get you going, and the right person can make damn good money publishing content geared towards making affiliate commissions.

    Generally, to get started... A domain, hosting, Aweber (or equal AR) and some common sense goes a long way.

    In closing remember one thing if nothing less...

    If you want to make money online, you need to sell or promote something...anything really ( preferrably quality & value).

    Do not get stuck being the buyer. Be the seller as fast as possible. Only buy what your business requires.

    Meanwhile, take a chill pill....happens to the best of us.
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    • Profile picture of the author Jill Carpenter
      Originally Posted by art72 View Post

      As everyone suggested, nobody can determine what's right for you.
      I can.

      Go watch more and more youtube videos, then start a review/commentary site about what is going on in those videos.

      Quit working for $10 bucks a month.
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  • Profile picture of the author Jonathan S
    Don't know what and where to start? Open your computer, run MSWord, write down your interest, skills and what you really want to do that benefits other people - this is the start. Then just keep moving, you'll find direction and gradually progress along the way.. it may take hundreds of revisions before a clear direction shows up that sometimes follows the best path that you've never ever thought of before you started. One of the most popular reasons why internet marketers fail to start is "perfection". They're trying to make things perfect before they start, they have to wait for this and that, or doing a very lengthy preparation or a very savvy business plan. Windows started from a shit kind of program Windows 1.0 that failed miserably that time but now it's the most highly interactive and marketed OS, the latest being is Windows 10.... "A journey of a thousand miles must begin with a SINGLE STEP." (Lao Tzu)
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  • Profile picture of the author kingleo101
    Originally Posted by keyyaeba View Post

    Hello.

    Let me first tell you a little about what I do and later why am I losing my mind

    So, I have a full time job and I try to earn money on the side too. I am doing some PPD (paid per download), and I make about $10 per month. Now I have quite some free time that I would like to use to build a business.

    I spend too much time watching youtube videos, thinking what I want to do to make money, etc... when I really want to spend all that time building my new business that will get me somewhere.

    Now I am losing my mind because I do not know what I should start. What kind of business should I start working on that I will scale and make it big.
    It seems like the first thing you need is discipline and focus before you can even venture into doing anything. You have to learn to take the first step in order to accomplish anything.
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  • Profile picture of the author irawr
    Banned
    It really depends on how much risk you can manage. Personally I'm bored unless it feels like my business is in the middle of an earth quake, with bombs exploding all around it, and I'm under imminent attack from giant robots. So I like to make sure I have 25k in credit card debt (it's ok, I get 2% cashback) company bank account is empty, and then somehow have to figure out a way to get it all to work. I always do it, sometimes it requires some creative thinking. I'm completely sure 99% of WF would think I was insane if I showed them my bank statements.

    But if the pressure isn't really on me, I end up wasting time doing things like replying to posts on forums.
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    • Profile picture of the author najo10
      Originally Posted by irawr View Post

      It really depends on how much risk you can manage. Personally I'm bored unless it feels like my business is in the middle of an earth quake, with bombs exploding all around it, and I'm under imminent attack from giant robots. So I like to make sure I have 25k in credit card debt (it's ok, I get 2% cashback) company bank account is empty, and then somehow have to figure out a way to get it all to work. I always do it, sometimes it requires some creative thinking. I'm completely sure 99% of WF would think I was insane if I showed them my bank statements.

      But if the pressure isn't really on me, I end up wasting time doing things like replying to posts on forums.
      I do this more often than I like to admit too. Its one way to get ADHD out of the way.
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  • Profile picture of the author jbyte
    Originally Posted by keyyaeba View Post

    Hello.

    Let me first tell you a little about what I do and later why am I losing my mind

    So, I have a full time job and I try to earn money on the side too. I am doing some PPD (paid per download), and I make about $10 per month. Now I have quite some free time that I would like to use to build a business.

    I spend too much time watching youtube videos, thinking what I want to do to make money, etc... when I really want to spend all that time building my new business that will get me somewhere.

    Now I am losing my mind because I do not know what I should start. What kind of business should I start working on that I will scale and make it big.
    Well you are making $10/mo right now, can you scale this?

    Some people might be interested to learn your process, that could be your business.
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    • Profile picture of the author Greg guitar
      Originally Posted by jbyte View Post

      Well you are making $10/mo right now, can you scale this?

      Some people might be interested to learn your process, that could be your business.
      Great idea; when you're stuck and lost, and have no idea how to start a real business, sell a course to others on how to start a business. I'm sure if he's honest and tells them he hasn't been able to figure out how to make more than $10 per month (which undoubtedly is a net loss, if expenses are counted), the course will sell like hotcakes.
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      • Profile picture of the author yukon
        Banned
        Originally Posted by Greg guitar View Post

        Great idea; when you're stuck and lost, and have no idea how to start a real business, sell a course to others on how to start a business. I'm sure if he's honest and tells them he hasn't been able to figure out how to make more than $10 per month (which undoubtedly is a net loss, if expenses are counted), the course will sell like hotcakes.

        I can see the WSO title now:

        • How I made $2.50 a week from a one bedroom apartment
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  • It starts out with the value that you can offer to others. If you have significant experience in taking care of pink elephants, and you also have substantial credentials in veterinary studies about pink elephants, and you also actively participate in some pink elephant-related activities of large personal and professional networks, then you may perhaps be the go-to guy when it comes to everything about pink elephants ...

    Second thing is to verify if there are others who would gladly give you their money in exchange for the value that you can provide. That doesn't stop there. Once you've confirmed that there is significant demand for your value, which could potentially help you consistently earn good money -- You should identify a specific market that will gladly pay you at the price point that you want and would give you the best value for your, well, value ...

    Then, your job at this point is to deliver that value to your chosen market by packaging it in easy to find, simple to use and irresistible to talk about offers. These may be products, service offers and content that can help other pink elephant owners take better care of their pink elephants, reduce their pink elephant care and maintenance costs, breed healthy pink elephants, make the pink in their pink elephants pinker, etc. Well, that content can be packaged in a number of ways, but of course, you should keep in mind that it should be simple to understand, easy to use, cooler as no other offer out there and as entertaining as hell ...

    Next, of course you need to grab the attention of that market, show them the value that you can offer, get them to sign up to your newsletter and subscribe to your RSS news feeds, etc. -- Advertise. Do this in a way that can give your brand top of mind retention even when not everyone who sees your ads respond to it right away, and especially package it in a way that will make your target customers talk about not just your brand, products and service offers, but also the entertainment value of your ads and promotional materials ...

    At this point, you need to ensure that your customers don't just stick around and talk about the value that they get from your brand, products and services in their own social networks and peer groups. Rather, you should identify their other related needs, create offers that can give them the value that they want, and get some repeat sales for yourself ...
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  • Profile picture of the author Randall Magwood
    There are alot of businesses that you can scale and make big. It's all about the marketing - that's what you're seeming to misunderstand, and it's probably why you're losing your mind. Become a master marketer and you won't have this problem.
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  • Profile picture of the author bojan92
    That is really hard question dude. A lot of people are struggling with that. You have a lot options to make money online but a lot of scammers also. Find your passion except making money and follow that. One of my friends find it successful with bee keeping. I don't think it is ok to specify that it is online the only way to make money, what i would do is search some alternative ways to make money. I wish you all the best in your request , please share if you find your path to success.
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  • Profile picture of the author SveaK
    Banned
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  • Profile picture of the author Jason Streby
    So I like to make sure I have 25k in credit card debt (it's ok, I get 2% cashback) company bank account is empty, and then somehow have to figure out a way to get it all to work. I always do
    This seriously made me laugh my face off, it was brilliant.

    I think at first most of people start out wanting to make money before they want to start a business.
    Some people never come out of that initial mindset which is fine I think.

    I know I started off wanting to make money and once I was free and clear I used that time to start a business... then ditched that and got into publishing. You just have to find what works for you and the best way to do that is test out ideas you have, see if you can work with them and if you can keep on going. Once one thing is running smoothly let that keep going and start up a new project/business.
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  • Profile picture of the author brewmeister
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  • Profile picture of the author PHR
    Best advice from art72, in my opinion!

    Read through it 3-5 times and start picking something you like. Than stick to it... Do nothing else! It will work... Even if it's hard sometimes :X

    Regards!
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  • Profile picture of the author trip3980
    Originally Posted by keyyaeba View Post

    Hello.

    Let me first tell you a little about what I do and later why am I losing my mind

    So, I have a full time job and I try to earn money on the side too. I am doing some PPD (paid per download), and I make about $10 per month. Now I have quite some free time that I would like to use to build a business.

    I spend too much time watching youtube videos, thinking what I want to do to make money, etc... when I really want to spend all that time building my new business that will get me somewhere.

    Now I am losing my mind because I do not know what I should start. What kind of business should I start working on that I will scale and make it big.
    My advice is let the numbers dictate what you do for a business and look at supply and demand IE market gaps. Remember business is still business.
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    • Profile picture of the author Steve B
      When you're in a deep hole, the first thing that you need to do is stop digging! Quit doing what you do and have done to get where you are.

      Start over. Divorce yourself from your past. Develop a new mind set and don't worry about losing your old mind. Reboot!

      Inventory your life. Start where you have an advantage. List all your life experiences, your hobbies, passions, training, education, skills and those things others would say you do well.

      Do some research online to find consumer demand in those areas where you have knowledge and skills (from your inventory list).

      Satisfy the demands in the marketplace in areas where you have some experience and expertise.

      Granted, this is a view from 30,000 feet - but it's the overall perspective that you need to begin with - not the same thing you've been doing in the past!

      Steve
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