Punish Me!

Sorry to 'attack' you (but I really love you), but I'd say ideas are a dime a dozen.

It's carrying a good idea to it's fruition by doing is the heart part.
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Well whatever you do, would be good to read a blog about it! then you can make more money and make a product out of what you did. Turning $150 into, well, who knows.

It's late here, my brain isn't working to well

If you want to make 15k in a month and provide quality entertainment embarrasses your self, make it go viral, bam, your make some money. I remember dans challenge, I think he sold something like lucky charms from social media or something like that.

I think the only way you can actually do this is by forums, social media. You haven't got time for lists in my opinion, you don't have time for SEO or articles, well maybe articles, who knows. If you want to do this, you will need to find a market which sells something cheap, which is a unconscious buy for the user, so under 5 bucks.

More importantly you will need to plan it out Just think, if you make money from it, you can always sell that plan :p. But yeah, you need to think of a way to pull in $500 a day, not an easy task.

Selling high valued products to someone who doesn't know you is very hard in my opinion... Micro continuity can be good if you got a list, I am assuming you are starting from nothing of course. Building that list up and trying to turn it into conversions will be hard to do in a month because there isn't a lot of time to build a relation ship before selling to it... If you want to sell an info product make it 27 bucks with at 7-15 dollar upsell. I remember reading in a book, I think it is the power of persuasion "Sell your highest price product first, then sell them something new at a much lower price." Not a direct quote but rough example. Why? You can't leap from 30 bucks to 100, its to steap, its easier to go from 100 to 30.

I guess you can go two ways the more professional way and actually sell a product or making something viral by embarrassing your self We are all hoping for number 2 . Of course make the best decision which suits what you want to do best. Viral can be great profit, it can be no profit, it all depends on what you do.

If the thought of making money motivates you to take on this challenge, maybe the thought of LOSING money will really light a fire under you.

Here's how it works...

Choose an amount of money that feels painful to lose (for you, at this time -- could be $100, $500, $2000, $10,000, $15,000 -- whatever). Then add 10% to that total.

For example if $1000 sounds painful, then make it $1100. (And if your initial amount plus 10% feels "doable," keep upping the amount until it feels scary to you.)

Next, set that money aside. Perhaps give it to a trusted friend. Or set it up an a separate bank account.

Next, set up a blog where people can track your progress.

Finally, set up your challenge. Everyone who subscribes to your blog has a chance to win money... but only if you do NOT meet your goals. Maybe it's just a random drawing of three people. If you don't meet your challenge, these three random subscribers get to split that amount you initially put away.


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Naturally, doing it this way means you're going to have a blog full of people who are good-naturedly rooting for you to lose. So to combat this, you can instead create merit-based prizes (that are, again, only given out if you lose your challenge).

For example:
-- Prize for the person who gave you the best advice.
-- Prize for the person who posted the most encouraging messages.

Stuff like that. Keeps the messages positive.


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In sum:

1. You stand to lose a painful amount of money if you don't meet your goals. That should be a good kick-in-the-pants motivator to achieve your goal.

2. You build a blog full of active subscribers.


Cheers,
Becky


P.S. You can also use this kind of punishment privately. Just give that painful amount of money to a good friend, sign a contract outlining the ONLY instances when you can get that money back and under what conditions your friend gets to keep the money, and start your challenge.