The "I Want Money Now Money Spinner Syndrome!"
you will see many thread titles such as this...
"How do I make at least $50 a day"
"How do I make $100 a day?"
"How can I make $5000 by next month!"
If you frequent this forum or others, you will know exactly what i am talking about. And maybe slap your forehead each time they appear! And if you even half decent at this whole internet marketing game you will know and understand one thing.
Having an IM business is great!!!, but here is the trap.
From day 1 you belong in two camps.
CAMP 1) What I am doing is really just creating a small money spinner ($100 - $1000 p/month)
CAMP 2) I have a fully fledge powerful online business and a high quality product people around the world need or even crave for ($2000 - $infinity p/month)
When I first started online I use to belong to camp 1 continuously. At the same time I wondered why I kept failing. It wasnt until my mentor later told me that I was not creating a REAL online business. Just a little hobby farms or what I term money spinners, that were not really bound to succeed in the first place.
Then I had one of those AH-HUH moments. And realised that I had to get serious and create something of value, and start building a list. Then I had leverage and I could build from there. It didnt take 2 days to do. But it was constant action taking and building things slowly.
BOY O BOY did it pay off!!! I then realised money spinners were a waste of time. I was building my own virtual land, and actually helping my prospects and clients at the same time. I was creating real relationships with real people using my computer. I was working less hours in the day, but the money I was brining in was more and more as time went on.
YES! I found out that working my butt off forcing crappy $5 PLR products to people that were half interested or using the latest autoblog tool was really just a total waste of time. These were NOT real businesses at all. Just hard work, for not much money at all. I was averaging about 1-2 dollars and hour.
Work out whether you want a just a money spinner or a full on hard core IM business. I have seen people come and go, and several of my good friends fail online. WHY? they just attempt to create one little money spinner, it fails.....so they go back to the drawing board. Then even worse they have another go at something else and try to create another money spinner from scratch. Oh dear!
Swapping from shiney object to shiney object will not get any work done and will not give you results.
Take time in your business, FOCUS, build it from the ground up. Commit yourself to one thing, one niche and spend time educating yourself on your topic or whatever you are selling. Put your mind in the shoes of the prospect. Do you want to sell them a crappy report that is actully worth $5? or do you want to give them stuff that will actually change their life and give them results???
But how are you going to do this. Well....There are many options :-
1) Give them free reports pdf, videos, audio that will blow them away (get them excited)
2) Get them asking what else stuff do you have / sell ?
3) Make them look forward to receiving your emails and not just delete them like stinky spam.
4) Offer them higher priced video membership continuity programs they will say YES to!
5) Offer them offline seminars they can say YES To!
6) Offer them high priced, high value one on one coaching they can say YES to!
INSERT OWN TECHNIQUE HERE
I think you get my picture now, but it all starts with the free opt in. Then if you are actually creating a business you can add these above to your existing funnel. Especially as you are helping your clients, getting to know them better, and what sort of information the crave for.
Start from scratch and sit down with yourself and build a real online business. Not one or two money spinners that bring in $20 a week. That is not creating a business empire. It is about creating a business in hungry niche, building a big response list that you give valuable stuff too that will make you money down the track. In the longer term. THEN YOU HAVE LEVERAGE to play with too. Who knows where that can take you?
Stop asking how I can make $500 by tomorrow. And start asking yourself, how can I help my list and list of buyers get the results they are after. How can I create a proper business in a hungry niche that is going to pay me when i am shopping or down at the beach goofing off??. Do that properly, and the money will flow like milk and honey in the promise land.
Do this continuously, and be patient and you will get more than just those $500 weeks / months.
Build your business properly, and stop trying to sit infront of that damn machine and slave away for those little money spinners, the $100 a week ones. Then wake up the next day and do it over and over again. YUCK!!!
Build the foundations of a self sustainable rock sold business that brings in continual profits now, and into the future. Concentrate on one thing, then build on what you have. Have a look online and study successful businesses and their sales funnels. I have seen businesses flourish and become multimillion dollar companies from just one simple free optin to get a 10 page PDF file.
Sure makes you think of IM in a different light ey? But this is truely one of the poweful things that changed my way of thinking and the way I make money online. I am sure it will do the same for you if you give it a try??
Cheers.
Celente.
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