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Old 11-21-2009, 04:13 PM   #1
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Default What IM direction would be a good fit for me??

Like a lot of people here I need some advice on what might be good for my situation.

My goal would be starting with $1000.00-$2000.00 and reinvesting any profits and hopefully by 2 years we could be making $5000.00 each month net.

Here are my preferences:

No blogging
No article writing
No "internet marketing" niche
No having to stock any physical product
Would need to outsource most of the work and hopefully put on autopilot
Niches that don't require lots of personal knowledge on the topic/product
Methods that don't require lots of knowledge or studying on the process

I say no blogging/article writing becausei personally can't write and don't want to but if I can outsource that part then that is ok.

I know you are saying wow...she doesn't want to work at all but wants easy money.

I have 2 reason why I want easy.

1) it seems like there is alot of different ways to make money on the interent. It is overwhelming and frankly there are 2 many methods/choices (for me at least at this stage). And I don't want to spend a long time trying to learn something and then give up or lose interest (which I am good at)!

2) I already own a labor intensive brick and mortar business that keeps us busy all year and can't afford to let that slide.

A little bit of background:

My husband and I own an engraving business in Las Vegas, we work hard and do ok financially (not great but good enough).

We have lived in Las Vegas for over 20 years, own a home and where as I love my business, we want to move out of Las Vegas. I have hated Las Vegas from the minute I stepped foot in it...but here I am still. We want to move and want a business we can start here and take with us anywhere...so I thought an internet only business would be it.


In my reading on this forum I saw a program from Mony-Tree that sounded like a direction that could work for us. It is building niche sites and being affiliates with amazon or ebay.

Is anyone familiar with that program. Or any other suggestions on directions to go for my goal.

Am I asking for to much??
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Old 11-21-2009, 06:22 PM   #2
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Default Re: What IM direction would be a good fit for me??

jlady,

I would recommend outsourcing article marketing and niche site building as you said yourself. This is a proven way of making money and the good part is that you don't have to do anything almost. It is also a long term money making method. Set it up once and forget about it.

With the money that you want to invest you can be up and running in no time. Making money the very fist month. I'm not talking about $1000x each month at the begging but a steady growing income.

If you want some more info just pm me with your questions.

Take Care

ps: you are not asking to much! this is the ultimate plan for most people, work little earn much.
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Old 11-21-2009, 06:47 PM   #3
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Default Re: What IM direction would be a good fit for me??

Sounds like you should look into outsourcing some of your work. Ask around here and someone will help you with anything you need to get. There are tons of good writers around that will write what ever you need.

Other than that it looks like you should get into affiliate marketing, it is a good place to start and you will learn alot of the basics while making some money too.

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Old 11-21-2009, 06:56 PM   #4
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Default Re: What IM direction would be a good fit for me??

jlady

As an owner of a brick and mortar store you know how having a business works.
It takes time and skill and if you don't have the skill then it takes time and money.

I don't care what anyone says - there is no such thing as earning online without working at it and negativity will sabotage your efforts every time.

Its a time and/or financial investment combined with the right attitude.

Having said that, every method has its pros and cons. You're right there are a lot of different ways to earn online.

Speaking of attitude...
I'm worried about the list of things you don't want to do.
Things "I can't do" promote negative feelings - the "doomed before I start" type of thing. Failure will become a self fulfilling prophecy

The first thing I feel you need to do before you do any online venture is change your list of "things I don't want to do" to a list of "things I can do and would like to try"
You will succeed if you are positive.

Why don't you think about writing a positive list and then people here will have an easier time help you find something to try.

There is going to be a learning curve to anything you get involved in. There was a learning curve when you opened your shop. You do it because you like it.
You will need to find something similar in the online world.
What online business models have you seen that intrigue you? Start there.

If you are not interested in the topic, niche or at the very least the process then you will fail at it.


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Old 11-21-2009, 07:04 PM   #5
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Default Re: What IM direction would be a good fit for me??

Quote:
Would need to outsource most of the work and hopefully put on autopilot
You can do that - but before you do it, you need to learn the process yourself. When you outsource your business you are the contractor - and you need to be able to answer questions, know what things should be done and how so you can train or explain to those you hire.

If you outsource all or most of your tasks, it can work but works best if you outsource in "pieces" so no one working for you has the whole picture of what you are doing.

The two year time frame is definitely possible. As an example of what you could do: (and staying away from IM which is also a good idea)

find a good outsourcer to do keyword research for you - you need to learn the paramaters so you can tell them what numbers to look for - then jut provide them with a long list of potential niche ideas and see what they come up with

2-3 good writers - to write site content, reviews, articles for submission, reports and ebooks on a specific top (chosen after keyword research) Pay them extra to submit to your article directory accounts.
(as the contractor, you'll be checking every written through copyscape to make sure it's original)

Hire someone to build simple sites for you (they don't need to be huge and fancy) using the site content you had written.

Hire someone to do social bookmarking and get backlinks for you.

Obviously, that's not a full list of everything to do - but that general model with some time to allow the sites to mature and gain visitors will work again and again.

Marketing online doesn't have to be a totally time consuming passion - it can be as easy as putting many carefully targeted sites online and giving them time to become profitable with affiliate products (evergreen stuff that sells well over time) or adsense - or a mix of the two.

If you put in the effort to learn the basics you'll spend some time now - but once you have it down you will only need to manage outsourcers.

Pay your outsourcers well - don't shop for cheap. Hire good people and pay to keep them - it will pay off in the end.

kay


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Old 11-21-2009, 09:24 PM   #6
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Default Re: What IM direction would be a good fit for me??

[quote=Debbie Songster;1412907]jlady

Quote:
As an owner of a brick and mortar store you know how having a business works. It takes time and skill and if you don't have the skill then it takes time and money.
I know I said I don't want to do any work, but in reality I am afraid of taking on to much while having my b&m business, but I would be willing to do some of the work, as long as I can do it in my own timeframe

Quote:
Speaking of attitude...
I'm worried about the list of things you don't want to do.
Things "I can't do" promote negative feelings - the "doomed before I start" type of thing. Failure will become a self fulfilling prophecy
I listed blogging and article writing because I feel I don't have the skills and it sounds like a time consuming activity especially if you are "multiplying" your efforts.

Quote:
The first thing I feel you need to do before you do any online venture is change your list of "things I don't want to do" to a list of "things I can do and would like to try". You will succeed if you are positive.
Here is what interests me (and this is not knowing much about what goes into it)

Niche websites with adsense and affiliate links. The concept of wash/rinse/repeat in my efforts.

Quote:
There is going to be a learning curve to anything you get involved in. There was a learning curve when you opened your shop. You do it because you like it. You will need to find something similar in the online world.
Oh boy do I remember that learning curve.....whewww it was steep and stressful. That is what scares me about this, first and foremost my B&M comes first and it can be stressful at times. I also feel I learn slowly and get frustrated easily and tend to give up. That is why I want/need relatively easy to follow instructions...I get confused easily.


Quote:
If you are not interested in the topic, niche or at the very least the process then you will fail at it.
This could be a problem, I don't have a lot of interests.

But I see people listing all sorts of everyday items/subjects as good niches that I can't imagine people having a personal interest/passion for? Like cell phones as an example. Who gets exited about cell phones?
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Old 11-21-2009, 09:58 PM   #7
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Default Re: What IM direction would be a good fit for me??

I am so glad you rose to the challenge and answered my comments.

Quote:
But I see people listing all sorts of everyday items/subjects as good niches that I can't imagine people having a personal interest/passion for? Like cell phones as an example. Who gets exited about cell phones?
This is true - you aren't going to be interested in all the niches. Thats why I mentioned having an interest in the process.

Lets take Adsense niche marketing for example. If you are interested in the process then the niche becomes irrelevant (other than your research to predict viability)

Doing the Adsense Micro Niche sites would probably be a good thing for you because these sites are created quickly. Nothing long and involved where you have the possibility of becoming bored or burned out.

If you are interested in the process then you can make a game out of it.
This online business stuff is so much more interesting when you get frequent rewards - even if it is just a few dollars to start.

I have some reading material you may be interested in. I'm going to send you a PM - let me know if you don't get it.

Debbie


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Old 11-21-2009, 10:34 PM   #8
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Default Re: What IM direction would be a good fit for me??

Quote:
Originally Posted by jlady View Post
Like a lot of people here I need some advice on what might be good for my situation.

My goal would be starting with $1000.00-$2000.00 and reinvesting any profits and hopefully by 2 years we could be making $5000.00 each month net.

Here are my preferences:

No blogging
No article writing
No "internet marketing" niche
No having to stock any physical product
Would need to outsource most of the work and hopefully put on autopilot
Niches that don't require lots of personal knowledge on the topic/product
Methods that don't require lots of knowledge or studying on the process

I say no blogging/article writing becausei personally can't write and don't want to but if I can outsource that part then that is ok.

I know you are saying wow...she doesn't want to work at all but wants easy money.
I will just be blunt and honest. The above quote is why you will never be successful online. You need to stick to a regular job. You want $5000 a month, but you dont want to work. Guess what, there are millions of people who want the exact same thing.

Until you check your attitude and become willing to work, you are finished before you ever get started.

In short, there is no IM direction that is right for you.


Quote:
Originally Posted by E. Brian Rose View Post
...I have memorized every website on the Internet, so I no longer find Google useful.
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Old 11-21-2009, 11:43 PM   #9
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Default Re: What IM direction would be a good fit for me??

Quote:
Originally Posted by jlady View Post
Here are my preferences:

No blogging
No article writing
No "internet marketing" niche
No having to stock any physical product
Would need to outsource most of the work and hopefully put on autopilot
Niches that don't require lots of personal knowledge on the topic/product
Methods that don't require lots of knowledge or studying on the process
This practically screams "affiliate marketing."

There are two heavily-promoted forms of getting traffic to an affiliate site: bum marketing, which is a lot of article writing (which you can outsource)... and PPC advertising.

A $2,000 ad budget is pretty good. Drop a couple hundred on getting hosting, some domains, and a decent design on those domains... you should be able to drive some traffic to your sites and start making a profit. There will be a learning curve, but with a brick-and-mortar business, you should have a basic working knowledge of how to advertise effectively.

I'm no PPC guru, so I can't advise directly on how to make that happen, but I know a lot of people do it. Do some research, then head to the PPC forum and start asking questions.

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