YOU probably kill YOUR cash cow too early...

7 replies
The possibilities of multiplying your investments are endless and I saw a true example of such when I ran into a classmate yesterday who also dealt with internet marketing. He asked if I ever got that new BMW I've been wanting, sadly I had to tell him 'not yet.' But had I did what he did, I might have been close. He did the following:

Made a website similar to a membership/forum site. Free to all to join (I missed what niche it was)

He paid $199 for a bulk email with a press release of the website to go out to select newspaper writers in the US

He watched his membership grow from 105 members to 3400 members within a few weeks.

He sold solo ads BUT offered a deep discount for ad swaps of ANY size THEN offered ad swaps to list of a similar size to his

He watched his membership grow from 3400 to 16000 in less than 2 months.

He messaged his members affiliate offers from time to time and invited all his members to join a PREMIUM list that would only contain freebies (which were actually free items that lead to sales that lead to him getting commissions)

Over the course of 5 months he had over 21000 members and oddly 22500 PREMIUM subscribers.

He made money renting adspace on the website, mailing his PREMIUM list "freebies" and creating his own product to market to his members and subscribers.

Now he wouldn't tell me in total how much he's made so far, but he informed me to never, never, kill the cash cow too early!

P.S. I called him later to get the numbers as accurately as possible as far as memberships were concerned and for permission to share his story. When asked to share the site he mentioned to me it may not be a good idea. Why? Because this guy is actually in the process of selling it. He won't tell me the best offer he's gotten yet, but he assures me it would certainly pay for that new 3 series (BMW) I've been wanting.
#cash #cow #early #kill
  • Profile picture of the author Andyhenry
    So what are you saying?

    What is the translation for 'never. never kill the cash cow too early'?

    What constitutes the cash cow and what constitutes 'too early'?
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    nothing to see here.

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    • Profile picture of the author shabit87
      Originally Posted by Andyhenry View Post

      So what are you saying?

      What is the translation for 'never. never kill the cash cow too early'?

      What constitutes the cash cow and what constitutes 'too early'?
      You cash cow is your source of income and too early is giving it a chance to make you multiple streams from that one source of income.
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  • Profile picture of the author hometutor
    I've got a forum membership site idea of my own on the back burners. Question though is simple machine forum okay for this? I'm new to php

    Rick
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    • Profile picture of the author Kay King
      I think a better title would be "you have to feed the cash cow".

      He focused on one thing and did it well and didn't get distracted by a all the shiny new things. Invested his money when it would help...and worked smart.

      kay
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      Saving one dog will not change the world - but the world changes forever for that one dog
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      • Profile picture of the author John Durham
        Originally Posted by Kay King View Post

        I think a better title would be "you have to feed the cash cow".

        He focused on one thing and did it well and didn't get distracted by a all the shiny new things. Invested his money when it would help...and worked smart.

        kay
        It seems a recurring theme is standing out to me lately on the WF "Instead of having a hunred sites, focus on a couple and really push them through..."

        They say that the heel of a womans stilletto puts more pressure on the ground and has more penetration that the foot of an elephant.

        Energy diffused is mute energy. Im seeing the focus on one thing message alot.

        Put all of your resources into your best ideas instead of pursueing 10 things at once.
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  • Profile picture of the author williamrs
    Great post!

    A real example of a person who succeed due to focus and determination. There are always many gurus saying "take a look on this new method!" or "you can't miss this!", but only the ones who can actually put their focus on something and stick on it for a few weeks or even months can make money. It took me 2 years to learn this lesson, but now I know that it's the most important thing for any entrepreneur.


    William
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  • Profile picture of the author shabit87
    Sorry guys, I was brain was a bit scattered when I did this thread, though I was eager to share. The point I'm trying to make is to milk your cash cow thoroughly before you kill it. Too may times we only see one way to make money from our ideas, but there are many ways to get income from just one source. We have to dig deeper and think broader.
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