A little Help Warriors: A $500 Question

Quote of the day my man!! Well said

Hi Steven,

Thank you for your response.

I never intended to "fake" the success.

I just chose a niche I was passionate about which is inspiration and success stories. I am just acting like a middle man.

I love reading success stories, and when I did some keyword research, I realized that there was demand for that.

In other words, I just wanted to create a virtual meeting place for the exchange of success stories.

That is why I avoid the mention of my name in any way shape or form.

Richard

What can I say apart from that I am speechless...

I can't really argue with the points you raised as they make perfect sense.

I guess it is because I have put in more hours and a ton of money on this project.

Nevertheless, you are spot on.

I will put the project on hold for now.

It pains me to say this, but you are right, and THANK YOU!

I will put the $500 to better use.

Richard

I had thought about that too, and it remains one of my mid term objectives while I continue to finalize the site.

Thank you

Richard

Wait, are people saying you have to be successful in order to interview successful people? That makes no sense to me. Anyhow, if you have a passion for something, then I would recommend going for it. Quality content online rules, but it's not easy coming up with quality and innovative content consistently.

Doug

Hi Johan,

I agree that this is going to take massive action to fill with content and optimize. I will probably outsource a good part of it.

And yes, I get your drift...

Thanks again,

Richard

George, I agree with you and I agree with Kevin. Yes, many folks have
had success by selling books of compilations of successful people's
methods.

But $500 could be a very expensive lesson to give this a go.

Certainly anybody should do what they want to do without anybody else
telling them what to do.

But how responsible would we be, those who have done it and know what's
involved, if we didn't point out the pitfalls?

With the state the site is in and the lack of notoriety on the part of the
OP, what are the chances of success?

Taking calculated risks is one thing, but throwing all caution to the wind,
especially when spending money is involved, is, IMO, reckless.

But it's just my opinion.

I'd rather, if I were in the OPs shoes, tackle a non IM niche, build a list,
maybe promote an affiliate product in that niche, use WordPress as a
platform so there is very little cost and design expense involved, learn
some basic marketing and work my way up from there, investing in my
business AS I begin to see results.

But that's just me.

To the OP...Do what you want to do. As George said, life is short.

But understand the risks your taking and the likelihood of success.

For starters, who is going to share stories with an unknown?

In addition to that, since the "share stories" idea has been done to death,
how much of a market is out there that's even going to be interested in
your site?

Have you done the research? Do you even know or have an inkling of an
idea?

Unless you're incredibly passionate about this (I created and released a
product a while ago outside of IM that I was very passionate about but
was almost sure it would bomb, and did) then understand that your chance
of a substantial return is minimal.

I've been down the road you're in outside of IM and I know what's involved.

I was competing with renowned psychics in a very competitive field, trying
to sell a product that I literally made up...brand new...never before done
by anyone.

What were the chances of my succeeding with it?

I knew going in...slim to none.

Big risk...big reward if it paid off...but big chance of failure.

I've had this discussion with Caliban Darklock. He talked about the bell
curve that I use for my product creation. I do safe things that are pretty
certain to sell but never become HUGE successes. He prefers to go for
the big kill, even though he knows 9 out of 10 times, he'll probably fail.

Again, like George said, you have to do what YOU want to do, so I am
sorry if I discouraged you. But I felt I needed to point out what you were
up against trying to do this.

If you DO go for it, I will be pulling for you every step of the way.

Thanks George for your input. I have already learned quite a bit from the few that I have interviewed but, there is plenty more to learn, and you can be sure that I am taking it all in.

Richard

I'm glad you like the site Cathy! Your input is precious.

Richard

Hi Tsnyder,

Excellent tips you gave. 6-figures from one Yanik's tips in this book? WOW! Now, that's really something. Very inspiring indeed!

Whatever happened to Joe Kumar? Is there some kind of taboo on the matter?

Anyway, great points! have added all these notes to my scrap book.

Richard

Hey John,

Thanks for your input. You are in the UK right? No problem.

If you have room in your very busy schedule, give me a date and a location, and I will book a flight to come see you....no kidding! I will even buy you lunch.....and dinner.


Thanks again,

Richard

Hi Janice,

Thank you for the kind words on the site.

You raise some very pertinent points about the state of the Making money online industry, and I can understand your saturation.

My goal for now is to take the number of success stories to 2500. I am sure by then the bulk of the content will mainly be success stories.

Thanks again for your input.

Richard