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#1 |
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Senior Warrior Member
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I know that number may seem unreachable, or huge
to you. Don't worry. It's not only possible it's really pennies compared to the infinite possibilities there are to generate income online. My THEORY is that most peoples (Including marketers) minds still haven't caught up with the power of the internet. Anyone who thinks about a "recession" mind hasn't caught up with the power of the internet. You think economic times can really stop you from making a measly $50k per month online? Honestly. The only reason you can't make $50k this month is because of your limited mindset (PERIOD). Forums like this are good to find gems, but as I find the average marketer on here have severely limited minds. no offense. I had a very limited mind to. Hell at one point I just wanted to make $200 per day. Now that I look back, it was me focusing on just $200 per day that made me struggle to make that. In my mind I was programmed to think you have to struggle online before you made it big. Going from $2k - $5k- $10k - etc... per month. But the truth is you can go from $2k this month, to $20k the next month to $50k, to $100k per month the next. Now that sounds crazy right? Thats what I use to think. But then once you really embody that you are only limited by your concepts of limitation.. So in essence what you're doing is taking a limitless resource like THE INTERNET and putting a cap on it. When you focus on just making $5k per month, and thats your goal, then you're going to struggle and Journey to make $5k per month. Me and my partner have been doing really extensive study into the mind/spirit and how it relates to building a business. I guarantee you, that once you say set a real goal of making $50k this month. A few things will happen. (It happens for everybody) I personally like to ask the question, "How Can I Provide $100k worth of service and value." Doesn't really matter how you phrase it. Anyways once that happens you will begin to get some great inspired ideas. And those ideas will generate at least $50k if implemented. So the million dollar question is, why don't you implement the ideas that pop into your head? Well for most people its a combination of Self Esteem / Limited Thinking You may get the idea to go offline and start targeting small businesses and helping them get online. Now that will make your $50k this month. Usually you'll find that right after that thought is the objection thought. "But I don't know enough about Internet marketing to help a business" "I'm not smart enough" "I haven't generated enough income online yet" "I haven't struggled enough and built myself from the ground up" Or 1 million other things that stops you dead in your tracks. Then after the objection thought, the excuse mechanism kicks in. "I don't have enough resources to do that" "The owner probably wouldn't talk to me anyone" "I'm so busy I don't have the time". Usually it goes like this Great Idea - Objection - Excuse - Excuse - Excuse - New though/end of idea Here is some reality for that ass... If you were to keep asking yourself why, why not, and "Who said" after every objection and excuse you'll find that executing that idea starts with taking the first small step. Which leads into the next step, than the next. It may just be picking up the phone. I've found the biggest battle in making $50k in a month (online/offline) really has nothing to do with generating traffic, building a list, or writing sales copy. The biggest battle is breaking out of the limited mentality box that you see all over marketing/business forums, blogs, and other marketers. Just because someone says you have to struggle for 6 months to get to $50k per month doesn't mean it's true. Most people limit themselves to the same terrible formula for making it "Big online" Squeeze Page - Sales page - $27-$97 product. Of course selling a $27 product it's going to be hard to make $50k per month. So ask yourself why the hell are you only selling a $27 product? You should have at least at $1k consulting program in whatever niche you're in. In fact I would even say $5k. Again I find the problem isn't that you can't find people that will gladly pay $5k for your services. The problem is you don't believe your services are worth $5k. But you have to realize you don't set the worth on your services. You estimate it, and the customer has the final say. (As a tip always under-estimate the value of your service) Get out of the small limited box most struggling marketers are closed into. Writing Articles Submitting Blog Posts Posting on Forums Selling $47 ebooks None of those things are going to get you to $50k this month. And personally it takes to much energy. I'll give you an example. I'm in the music production niche'... When I started I just had an ebook for sale. Then it graduated into an audio an ebook course. Then it graduated to an ebook/Audio/Video course. But at the end of the day I still could only charge $67-$97 bucks. I'd have to sell alot of courses every month to make $100k per month. Now Multi-platinum producers COME TO ME, to help them. How much more can I charge a famouse multi-platinum producer than someone sitting on the couch with the 9-5? Here's where my revelation came. I could have started off going after multi-platinum producers in the from day one. What I'm teaching them I could have taught them when I first started. But my limited mindset told me that I had to do it the way everybody else on forums etc... tell me to do it. Now I realize that the resource we call the internet is INFINITE and you don't have to limit "Internet Marketing" to ebooks, squeeze pages, and blogs. So if you want to make $50k this month, start by writing it down, and when that great idea pops into your head, just tackle it without delay. Think outside of the box. EDIT**** Due to the amount of people this post touched me and my partner decided to create a few (FREE) No strings attatched videos to help you grow your business. http://www.DandGGlobal.com/growth Daniel |
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Self Actualization is one's true purpose. Everything
else is an illusion. |
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#2 | |
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Senior Warrior Member
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Great post, thanks a lot for it.
That one hit the nail on the head: Quote:
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#3 |
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Senior Warrior Member
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Fish for whales. I said the same thing in the offline thread. It is much easier to deal with your premium clients than to get a lot of small ones.
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#4 |
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HyperActive Warrior
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HOORAY! Now we're talking my talk! Good post.
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#5 |
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HyperActive Warrior
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Sounds great. How many 4 figure coaching and consulting programs to do you run, and how do you sell them? I'd be interested in knowing your methods so I can apply them to my business and make 50K a month as well, because I'm only making 10K right now.
-Jason |
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I guarantee with $100 of My Own Money I Can Show You...
How to Create an Info Product In Under 48 Hours That You Can Sell for $47-$97 |
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#6 |
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HyperActive Warrior
Join Date: Aug 2008
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Hello,
Your write up can be called mentality expander. good work and remainder. |
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For detailed guide on Affiliate marketing click www.marketingwithclickbank.com
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#7 | |
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Senior Warrior Member
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Quote:
The truth is you can answer those questions better than anyone on this planet. Sit down one night when you're by yourself and ask yourself those same questions. You'll come up with the answers guaranteed. How do I know? Because you already know the answers you've just never asked yourself the question and became receptive to the answer. Don't take this for "airy fairy" mysticism. In fact it's nothing mystical at all. It's the way your brain operates. What worked for me may not exactly work for you. I run different consulting prgrams in different niches, and they work differently. I'll give you an example. In the music production niche all I did was contact a producer on Myspace.com and told him about what I was doing. Then I just kept contacting major producers on myspace. I believed 100% in what I was offering so I had the confidence to propose it. I wish there was some very complicated process, but it really is that simple. The battle isn't in whether you can find the people to pay you. They're everywhere. The battle is seeing yourself worth that type of money. Why do you think places like myspaces are havens for good marketers? To add 500 friends per day to advertise your $37 Info-product? Or finding partners, high end clients, and mentors? Always remember technology makes things EASIER. Not the other way around. Daniel | |
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Self Actualization is one's true purpose. Everything
else is an illusion. |
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#8 | |
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Senior Warrior Member
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Quote:
The months in which I've done over $50k were because my goal was more like $100k. And making that amount didn't include writing articles or the other small minded strategies preached as the bible on this forum every day. | |
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--> I Challenge You To Find An Easier Way To Make Money Online Than This - See Video --> Have You Seen TrafficOutsourcing.com? |
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#9 |
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aka KRAZY KEN
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THANK YOU to one of my favorite posters here......who always tells it like it really is.
If you are reading this thread still looking for a magic pill, re-read what Daniel wrote in the OP....as well as what he wrote a couple posts above this one. You are the magic pill. You are the magic pill. You are the magic pill. Ken |
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The Recession-Proof Way to Wealth on the Internet: Information Marketing
A Secret to Success: Making serious money online or offline is not complex unto itself - we're the ones who complicate it. Simply sell them what they are already buying. |
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#10 |
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JosephRatliff.com
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Daniel, you are a true inspiration man, I appreciate the original post and the response to Jason's question.
It's takes about the same effort to sell 10 $5,000 coaching seats...as it does to sell 100 $50 ebooks. The mental challenges you seem to be pointing out here are the reasons/excuses that more people don't sell the bigger tickets. |
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#11 |
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Internet Equals Money
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Sounds like somebody was listening to Boortz this moning
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#13 |
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Article Marketing Wiz
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Daniel, great post. Thanks.
You know I'm a straight shooter and never have a problem with telling it like it is either, so for me, it's true confession time. Yes, I am one of those small minded thinkers who makes about $11,000 a month now. The reason I am not making 50K is because I have yet to come up with an idea that I feel is worth that kind of money. I consider myself a fairly intelligent person. Not a genius by any stretch of the imagination but fairly intelligent. I don't know how to think that big yet. My next product (coming out in March) is going to be my most expensive one to date and will gross about 200K when it comes out, but that's a one shot deal. Yes, I guess I could break it up into an ongoing membership site, but then we're still talking in the $47 to $97 range per month per member. I still don't see 50K a month out of that. Even at $100 a month membership, I'd need 500 members to generate 50K. That's asking a bit, though not impossible I guess. Point is, I have been limited by my small thinking because I can't see that big. If I can't (and I consider myself fairly successful) then how is somebody earning $200 a month going to think that big? It's human nature, for most of us anyway, to only be able to see what we can comprehend based on where we are at any given point in time. When you're 10 years old, you might dream of playing for the Yankees, but you can't even conceive of it happening because it's so far off. But then you're about to graduate college and a scout sees you and signs you to a minor league contract. Suddenly, it's not such a far fetched idea. But there was no way you could have seen that at age 10. So while what you're saying is absolutely correct, human nature makes it very difficult to go from $200 a month to $200,000 a month. It's what the mind can conceive. |
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#15 | |
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Quote:
That's is the exact question me and my partner came up with. How can someone with the limited mindset go from having a $3k a month vision to $300k the very next month. That's how we came up with the Limitless Mindset Technique. Honestly I couldn't teach it to you with one post. But I can use it to give my OPINION on your problem. Your post ask your question and gives you the answer in the very same post. Example 1: [Yes, I am one of those small minded thinkers who makes about $11,000 a month now.] You have just labeled yourself a small minded thinker. You have just told your brain to only be receptive to small thinking, and small minded ideas. The worse thing you can do is limit and label yourself. The moment you become "Aware" of something you can change it in that moment. At that point it's your CHOICE. A small minded thinker doesn't know they are thinking small. [My next product (coming out in March) is going to be my most expensive one to date and will gross about 200K when it comes out, but that's a one shot deal. Yes, I guess I could break it up into an ongoing membership site, but then we're still talking in the $47 to $97 range per month per member. I still don't see 50K a month out of that. Even at $100 a month membership, I'd need 500 members to generate 50K. That's asking a bit, though not impossible I guess.] This is a perfect example of the problem we had. That's a perfect example of limited thinking. Your still thinking inside the box. Who says you have to do anything that even relates to a $47 product, membership site, or whatever. Don't you get it? You are locking your mind into one small fraction of the infinite possibilities available to you to generate $50k this month. That's why you think you can't come up with ideas. Here's an idea. How about you go to ecommerce sites (people that sell physical products) look for the ones that you know are struggling. If you find an idea and product you see has potential to blow up. Talk to the guy work out a deal to teach him internet marketing and how to do things like build a list, build a relationship, etc... Those are things alot of ecommerce sites have no idea about. And are in dire need of help. Or why don't you link up with a team, (up and coming web designer/programmer) and just bang out 3 affiliate sites per day in various niches. All you do is write the quick squeeze page copy he creates the squeeze pages and uploads them. You should be able to bang out 50-100 sites in no time. Do that on top of whatever else you're doing. Again that's just one tiny fraction idea of the things you can do to generate more income online. As long as you start to think outside of the box. [Point is, I have been limited by my small thinking because I can't see that big. If I can't (and I consider myself fairly successful) then how is somebody earning $200 a month going to think that big?] Your assuming everyone has your mindset. Your mindset seems based more on bad subconscious programming that has you stuck. lets look at that sentence "I have been limited by my small thinking because I can't see that big" So you acknowledge that you have been limited by your small thinking then in the same exact sentence you say "I can't see that big". All you're doing is living in a cycle. Once you say "I can't do XYZ" then you're definitely not going to do it. You already believe that you can't think big. So the next step is to ask yourself "Why do I believe I can't see that big" Then you're going to come up with an excuse, to justify your reasoning. Then you just keep asking why. Then you get to the answer: "Just Because" "That's just how it is" "That's just who I am". And when you get down to that answer that's your clue that there really was no reason why you couldn't, but the ones you made up in your head. Like I said this whole thing is just a battle with yourself. Daniel | |
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Self Actualization is one's true purpose. Everything
else is an illusion. |
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#16 | |
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Article Marketing Wiz
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Quote:
have. Fortunately, I haven't let this battle limit me to the point where I am not successful at all, but I know I can do so much more. Okay, time to challenge myself yet again. I'm going to sit down and map out some ideas. I won't censor myself while doing this. I'll write down anything that comes to my mind, no matter how crazy it sounds and then I'll think of how I can pull it off. If it means I have to team up with somebody or outsource or whatever, I'll do it. My goal next year is to at least double what I made this year, which wasn't all that bad and allowed me to spring for a new recording studio in my home. Thanks Daniel...you actually helped me more than you realize. | |
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#17 |
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Kelly Jones
Join Date: Sep 2008
Location: Southern California
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Great post Daniel! The reality behind what you are saying goes a lot deeper than most of us will ever know. Whatever we think in our own minds determines what we will do.
If one is ever in doubt about what they are thinking ... check out what you do, and you will know exactly what you are thinking. Like it or not, we dictate our destiny by the way we view/contemplate our life. I really do appreciate someone stepping up to share such forward thinking information here. Thank you, Kelly |
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==========================================
--->>> New WSO -- You Too Can Go From $0 to $3,000 A Day ... Consistently -- Starting With As Little As $35! *** This Unique Strategy Is Unlike Anything You've Ever Seen! ========================================== |
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#18 |
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aka KRAZY KEN
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Join Date: Jul 2006
Location: Chicago, IL USA
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Steven,
I really appreciate what you shared above. Know what's interesting? You can't see how valuable you are because you are too close to it. From "over here" we can see that you are worth a solid seven figures per year. Daniel's right. Instead of saying that you'll make $200K on your product launch in March, how about writing down $50K by January....then getting creative in how you will make it happen? (I'm betting you already have every tool you possibly need - subscribers, partners, resources, etc.) For me the mindset shift came when I suddenly realized there were many big names in my niche at the time (real estate investing) literally *showing* me how to make $30-50K+ per month rather than the $8-10K I was making at the time. With that realization I chose to "ignore" my inner objections and excuses and simply duplicate the same elements, just as a one-time experiment. Within a month I went from $10K to almost $32K....working less hard than I had previously....all because I chose to just try ignoring my brain and simply duplicating what I knew was earning mid-five figures for others in the same niche. Ken |
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The Recession-Proof Way to Wealth on the Internet: Information Marketing
A Secret to Success: Making serious money online or offline is not complex unto itself - we're the ones who complicate it. Simply sell them what they are already buying. |
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#19 |
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Christmas Rocker
Join Date: Aug 2006
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Steven
I can tell you how to increase your income overnight. Raise your prices. You sell everything way too cheap. Even if you doubled the price you would still be way overdelivering. Take your Hot Trends WSO. $15 was a steal. Even at $27 it's a bargain. You have nothing left to prove to anybody on this Forum so why not let your prices reflect that? Martin |
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http://extravirginplr.com/christmas-plr-pack/ PLUS: 12 Tweet2Blog Posts - A New Twitter/Blogging Service. |
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#20 |
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aka KRAZY KEN
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Join Date: Jul 2006
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Another thought relating to what Daniel said about not creating a monetary "limit" like 5K or 10K.
When I finally chose to ignore my objections and duplicate what was already earning other marketers mid-five figures, I had NO financial goal articulated. NONE. I realize all the books say you need to articulate your goals specifically, etc. But I did not. I put goals aside and literally just duplicated a proven model and its elements and really went for it. The result? My merchant account temporarily shut me down because I totally blew past my monthly volume limit. Moral of the story: When you operate with no ceiling the sky truly is the limit. Ken |
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The Recession-Proof Way to Wealth on the Internet: Information Marketing
A Secret to Success: Making serious money online or offline is not complex unto itself - we're the ones who complicate it. Simply sell them what they are already buying. |
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#21 | |
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Article Marketing Wiz
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Join Date: Dec 2006
Location: Roselle, NJ, USA
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Quote:
Ken, you know what my problem is? It's called tunnel vision and linear thinking. I can actually write a book on this because it is something that affects a lot of people. See, the average person thinks in a linear fashion. For example, they graduate college and look for their first "job" already accepting that they're going to start off at entry level salary. They believe that they have to "work their way up" to where they want to be. They don't think that it's possible to walk out of that dorm room, walk into the office of some high paid exec and say, "I can make you a fortune if you'll listen to what I have to say. Now, here are my terms" and lay down his 7 figure a year game plan (that's 7 figures for his salary plus perks). As for what he'll make the company? Probably hundreds of millions IF he can back up what he said with the goods. Look, I've been doing this long enough to know that I have the smarts to turn anybody who has the commitment into at least a 6 figure a year earner. What I don't have is the non linear foresight to be able to go from doing just that myself to actually teaching it. I feel I have to first work my way up to making mid 6 figures before I can offer my services, not realizing that the foundation itself can put somebody way beyond that if they commit to it. I've actually had students pass me. Why? Because they did do the out of the box thinking that Daniel is talking about that I seem to have so much trouble with. I know that I can go to any brick and mortar company that has no Internet presence and increase their income substantially. Why don't I do it? Well, honestly, a lot of it is laziness. I hate leaving the house. I've gotten real spoiled working from home. My car puts in about 20 miles a week. And then finally, and this is such a big one, there is the need. See, I don't really NEED more than what I have now. There isn't enough to drive me to go for more unless I know that it can be done with the least amount of effort. I don't even care if I have to spend some big bucks to get it done, but I'm already realizing that I'm working more than enough and don't want to add any more hours to my day. So, that means a total restructuring of my business model, which I am working on for next year (have 3 membership sites in the works) but I can't make the shift immediately because it's going to take time to put the pieces in place and I can't just drop the things that I'm doing. That would mean the income would shrink considerably until the transition was complete because of the business model that I've boxed myself into. Look, if I had it to do all over again, I would have done things totally different. I would have chosen a business model, right from the get go, that gave me a residual income right away. NO ebooks. All member based sites. All outsourced. Nothing for me to do but just research the niches that I wanted to tackle, hire the work, and sit back and collect the money. I didn't do it. I can't look back. I have to go forward from where I am. By this time next year, this old life will be but a memory. That is my goal. Heck, I may even sell many of my current sites. But like I was saying before I got off track, this linear thinking is common in all walks of life. Very few people have the ability to really see beyond the step 1, step 2, step 3 mindset. I admit that I am one of them. But I am working damn hard to change that. | |
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#22 |
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aka KRAZY KEN
War Room Member
Join Date: Jul 2006
Location: Chicago, IL USA
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Thanked 510 Times in 77 Posts
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Good for you Steven. Go for it man...you really do deserve it.
And thanks for the valuable insights into "linear thinking." That is not something I can relate to so I greatly appreciate you clarifying it. Ken P.S. My gosh this is a great freakin' thread.... |
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The Recession-Proof Way to Wealth on the Internet: Information Marketing
A Secret to Success: Making serious money online or offline is not complex unto itself - we're the ones who complicate it. Simply sell them what they are already buying. |
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#23 | |
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Article Marketing Wiz
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Join Date: Dec 2006
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Quote:
that I charge here are my way of saying thank you to the forum and giving, as the term itself suggests, a real true special offer to the members here because I feel they deserve it. It's not about proving anything. I know I have nothing to prove. I finished in the top 20 in the Nitro Marketing Blueprint affiliate contest, almost beating out Mike Filsaime until the very last day. I finished 2nd in Dean Shainin's launch and that was with hardly doing any work at all. And as I pointed out in my above post, the need for me to get more just isn't there. When I first started out, I had to make this work. I worked my tail off to do that. Today, I've made somewhat of a name for myself and don't have to work as hard, though I still enjoy what I do, and thus keep doing it. My mortgage was just paid. My daughter only has 1.5 years of college left and we've paid for that without taking any loans and we still have plenty in the bank. My biggest joys come from things that don't require money. So I don't have the need to go out and make things happen anymore than I already have. But I am reaching the point where I at least want to make what I'm making now and have more time to spend with my kid and wife, so to that end, I am going to restructure my business model and in doing so, ironically, I'll end up making more money...that I'll never spend. ![]() This thread has certainly given me some food for thought. I think I am better understanding now what Andy Henry is currently going through with his decision to leave IM behind. | |
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#24 | |
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Senior Warrior Member
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didn't you know you're not suppose to say that the guru's might come knocking on your door soon...lol It will keep them from selling dreams...lol Just joking guys... ![]() This is one wicked post people copy and post to your pc monitor...brilliant.. --David | |
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#25 |
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Advanced Warrior
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Great Daniel. You have actually opened my mind.
Some IM thinks that is really difficult to go from $20 to $200 a day but is not, I done it my self in under a month so i think everyone can do it. Some IM thinks that they will never ever make money online but they are whrong, I done it my self under 3 years ago when i was actually just reading and not appliying any thing that i read. Hope you get my point. Thanks for the Great post Ivan Georgiev |
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#26 | |
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Senior Warrior Member
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for you guys... ![]() --David | |
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#27 |
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HyperActive Warrior
Join Date: Mar 2007
Location: , , USA.
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HELL YES!
This post could not have come at a better time. Thanks Daniel because this is what I and everyone needs to hear. This is the kind of stuff that separates the men from the WARRIORS. This is some deep stuff that seriously needs some thinking behind it. "The problem is you don't believe your services are worth $5k. But you have to realize you don't set the worth on your services. You estimate it, and the customer has the final say." BINGO! It feels like you were talking directly to me. For me I think the key is your MINDSET and that is a very powerful thing that determines your failure or success. |
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Last edited by prestige00; 12-02-2008 at 04:10 PM. Reason: mispelled |
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#28 | |||
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Senior Warrior Member
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An example would be- "How many people did you help today" "How much value did you add to there life" So, it can be part of the business building equation. And I wouldn't do it any other way. Nice post Daniel Step one is to eliminate that thinking process from you're belief system. Quote:
If you don't feel you're idea is worth enough - you might have a belief/value blocking you from being able to charge more money. Maybe try increasing your self worth/esteem/identity? Doesn't Jay Abraham charge 40k a day for consulting or some outrageous price? Its possible- you just have to be able to see it. Have you ever read Psycho-Cybernetics w/ Dan Kennedy? Its a good starting point.. Quote:
And you don't need to be a genius- just a good marketer. Years , years, and years of self programing like that will only make it harder for you unless you make a decision, today, to make those changes. Also- The Mind is what Creates Wealth. Improve Your Mind and Improve Your Wealth simple concept.Good Luck | |||
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#29 | |
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Article Marketing Wiz
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Well, I guess you sure told me. ![]() **EDIT** You remind me of the following conversation. Son: I'm sorry dad. I know I made a mistake. I won't do it again. Dad: You should be sorry. That was a very stupid thing you did. Son: I said I was sorry and I wouldn't do it again. Dad: That's not the point. Son: Then what is the point dad? Dad: The point is, I have to be the one to make you feel like crap People who have to give you a lecture after you have acknowledged your mistake, tick me off. And that is putting it mildly. | |
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#30 |
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Senior Warrior Member
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Steven- I'm only trying to "practice what I preach"
"How many people did you help today" "How much value did you add to there life" ------------ **EDIT** You remind me of the following conversation. Son: I'm sorry dad. I know I made a mistake. I won't do it again. Dad: You should be sorry. That was a very stupid thing you did. Son: I said I was sorry and I wouldn't do it again. Dad: That's not the point. Son: Then what is the point dad? Dad: The point is, I have to be the one to make you feel like crap People who have to give you a lecture after you have acknowledged your mistake, tick me off. And your up bringing by your parents, family, environment play a big role on your self image and self worth. Good thing you posted that as its very important and influential on your self image. I'll be looking out for your success story
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#32 |
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Senior Warrior Member
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#33 | |
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Article Marketing Wiz
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Point is, I recognized my shortcomings. I know where I have to improve. I didn't need a reminder of what I already figured out on my own. People who do that do it because they have a need to feel like they made a difference when in fact they've made no difference at all. Had I asked, "How do I go about changing this" then your response would have been welcome. A simple, "Good that you see where you need to improve" would have sufficed without the added face slapping. It doesn't make people like you...trust me. | |
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#34 | |||
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Senior Warrior Member
Join Date: Aug 2008
Posts: 1,040
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Some people love criticism.. and I love it. It can take thick skin sometimes though. But I'm glad you're working on it - I'd love to see you're success story. And although I responded directly to you, I am in fact speaking to the thousands of daily readers this forum has as well. | |||
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#35 |
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Writer
War Room Member
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The other problem a lot of people have is they allow views from forums to negatively affect their thinking.
Let me explain what I mean. Someone wants to get involved in a specific niche. They ask advice and are told you will never get paid more than $100. Immediately they believe that to be true. The work believing that to get to $10K will take them months or years. They keep working for peanuts because their belief is they don't deserve more, or they have been told it is impossible to get more. Yet, if they watch the same people who gave that bad advice and see what they are doing, they are packaging the work in a different way and telling people go and sell it for $10,000 and outsource for $50. If people were to search they will find that $10,000 is too cheap, because there are ways of doing the $100 and charging up to $50,000. There are places outside the IM niche that will pay a premium for services, and once people understand that, their mindset will change. |
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#36 | |
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#37 | |
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Article Marketing Wiz
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Bev, that is quite true. I think the problem is, we have forgotten what it was like to be out in the brick and mortar world. When I was consulting for White Computer Industries here in NJ, the money they'd spend on lunch was outrageous. I was making $30 an hour as a consultant who basically walked around all day observing people putting shoe boxes into carousels. It was insane the amount of money that was wasted. Large corporations spend insane amounts of money on things we'd never even consider charging that much for. And yes, I'm as guilty of that as anybody else. Six years out of corporate life and I've developed this mindset of the $27 ebook (which I am working on changing and getting away from...so please Masked Marketer, no more lectures.) But it's an easy trap to fall into because of all the cheap info we see online. Look at all the gifting programs. For just $10 YOU can make $$$ per week. I could keep going but I don't want to make anybody sick. We're conditioned and programmed to believe 2 things. 1. We can make a fortune online without spending more than $10. 2. We can't sell anything at a high cost because of number 1 above. It's a non stop feeding frenzy that cycles itself into oblivion except for the few who have the guts to say... Screw this...You want my services? You're going to have to pay for them. A few online have done that. I am heading in that direction because I have enough smarts in my head to know that I'm worth a hell of a lot more than I'm putting myself out there for. And yeah, I know a lot of my fans (God I hate that word) are going to say, "Steve, don't sell out for the dollar. We need you to sell us all this great stuff dirt cheap." And as I continue down that slippery slope, I'll still have to deal with my 50 emails a day and my low six figure income. There comes a time where you just have to say... Screw this...You want my services? You're going to have to pay for them. Will I take a hit on the one end? Probably. Do I care? Honestly, at this point, if I end up going out of business because all I can sell is $27 ebooks, then I deserve to go out of business. I'll go sit in my recording studio and make my music. I don't need to do this. I have enough articles and sites and products and advertising out there that I could stop working today and still make 50K a year. With my mortgage paid off and my daughter out of college in a year, it's all I'll need. I am very thankful for this thread and the kick that Daniel gave me to make me realize that I'm giving away my knowledge (6 years of it) for a song. It's going to stop in 2009. And Bev...you rock! | |
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#38 | |
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Senior Warrior Member
Join Date: Aug 2008
Posts: 1,040
Thanks: 287
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The value changes once you take it to a different market. Selling IM stuff to IM people will only yield peanuts- compared to taking it offline (that's probably where the biggest market gap is) The bigger the market gap- more potential money. The seminar company I used to work with did 250k average a seminar and they had them all across the nation multiple times a week/day. And it was only one portion of the entire operation. Thinking big and out side the box can make lots of money. Thanks for that Bev | |
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#39 |
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Writer
War Room Member
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I wasn't talking about the offline business, because here in HK that isn't a good option for me. I am talking purely online which can be done from any part of the world.
But, I have been researching a lot recently, and I am seeing certain people posting on this forum who really have double standards. They want top dollar for their work, and make sure that the newbie and others are told they are the bottom of the pile, so keep working for a couple of dollars, so I can make the big dollars. Tell someone often enough they are an idiot and they will believe you. It took me years to believe I wasn't a failure, because my mother said I failed because I got 99% in maths. |
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#40 |
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HyperActive Warrior
Join Date: Oct 2008
Location: All Over The Globe!
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Daniel Awesome Post!
There are too many people who are thinking small when they can just as well be thinking big...I think it was Donald Trump who said, "If your going to be thinking anyway, you might as well Think Big!" |
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#41 |
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HyperActive Warrior
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Great post!!!!
I'm adding this to the newbie thread this second! Ebbi |
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#42 | ||
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Senior Warrior Member
Join Date: Aug 2008
Posts: 1,040
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Thanked 70 Times in 61 Posts
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Quote:
And the market gaps are the sweet spots for the potential to make the most money. No matter what market/industry you're in. Quote:
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#43 |
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Senior Warrior Member
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Thanks Daniel, this was by far one of the best posts I have ever read on the warrior forum and for it to come near the end of the year makes it even sweeter, you are a true professional and your posts are always nice to read.
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Just Pure Magic!
http://magicmel.wordpress.com/ " You can either give a man a fish and feed him for a day OR teach him how to catch a fish and it will feed him for a lifetime" |
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#44 | |
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You R GREAT if you are A
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Daniel You Said,
Quote:
George Wright | |
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#45 |
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Active Warrior
War Room Member
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I completely agree with you brother!People should definitely take your advice because you do know what you are talking about. Well I hope you do anyways. I am yet to make that much money in a month, but I do hope to do so Someday. Great post.
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#46 |
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HyperActive Warrior
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Join Date: Jun 2007
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I think one of the things that helps bring change in our preception is seeing others succeed. If you see others doing it and know they are really doing it that makes a difference.
If you start getting personal success your goals will get larger and larger. Personal success can really help change your perception. |
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Check out My Blog on Making Money Online http://makemoneyonline-rockerrockstar.blogspot.com/
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#47 |
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Conversion Rate Advice
Join Date: Aug 2008
Location: Romania
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Great thread guys...really made me think about some stuff and some ideas that I have but always told myself stuff like ”no, your not known enough to do that” or ”I first need to make X amount of money before I can charge X amount of money for my consulting”....
I have done ”how to improve conversion rate” consulting for rock bottom prices while offering top advice to some guys and businesses, just because I think that I am not a ”celebrity” in my area of expertise so that must mean that I should charge very low so I can -work my way up- then start doing/selling courses for 1k$ a pop or somethin' like that. Thx Daniel,Bev,Masked,Steve and the others for making me realise that I should get cracking on some of my courses that I was ”afraid” to do just because I tought I could only sell them for 27$ (the 27$ ebook mindset again) because thats what other people sell it for, you know? Thx again. and time to get those dusty gazillion notes out and make my course. ----------------------------------------------- EDIT: Also other 2 things that have kept me from making more are: 1. My age...Im 20..how many of you or other business would agree to pay $1k-$10k to a 20 year old kid? Even if say that my work is outstanding you would still have ALOT more doubts than if a 40 year old would make you the same offer. Aint I right? 2. My nationality. Generally Americans,Canadians,Australians,UK people tend to not-trust me because of my nationality. And I cant sell in my country because people here don't have the mentality yet..for them 90% of IM is a scam and you cant change their minds (Ive done 2 FREE seminars for newbies with basic IM stuff and at the end 60% of them told me that ”nah, I still think that you have to steal or something so you can make a living online your just trying to scam us”...and I didn't even had anything for sale at none of the seminars), and business don't pay very much for consulting...cus of their limited thinking. Also |
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#48 |
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HyperActive Warrior
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Fantastic post! (and now thread) The whole thing about limiting yourself is so true. What you're worth to your customers is a reflection of the value you provide to them. That's for them to decide. In many such cases people devalue themselves and think way too small.
If you give them information that allows them to go from losing money every month to becoming profitable, that sort of information is virtually priceless to them, no matter how long it took you create, package, and convey it to them. I had a consulting friend that took a company that was losing $1,000,000 a month and made it profitable by adjusting their product line. How much was that information worth to them? Unfortunately for him he only charged them an hourly consulting fee for his services. He had no contingency fee contract for residual revenue. That is partially because he knew very little about their business before he agreed to the consulting job, so he didn't feel his services were worth more than his standard, hourly rate. Big mistake. In the early 1990's I began installing custom residential audio video systems. I still remember the first $30K+ job we sold. It was $37K and I had to almost force myself to ask for that much money. Looking back now, the figure was ridiculously small. Again, I was self limiting. In the years since, I've designed and sold residential A/V systems that were above $500K. It's all in feeling that it's worth it. You have to look at what it is worth to your client, not to you. You don't have your client's budget. Remember that when you're selling big ticket items to the very well heeled or businesses. Selling to businesses is even easier, because you can demonstrate you will bring them actual value in the form of recurring savings, increased revenues or profits, or lowered capital acquisition costs. Remember, there is no can not; only do or do not. |
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#49 | ||
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Senior Warrior Member
Join Date: Aug 2008
Posts: 1,040
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Thanked 70 Times in 61 Posts
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I posted this the other day. Maybe it will give you some inspiration "At Age 12, Farrah had a lucrative nationwide speaking career commanding $5,000 - $10,000 per appearance." He became self made millionaire at 14. The Official Farrah Gray Website Quote:
If you can't sell offline- then just sell online. And, to me, nationality has nothing to do with trust. Just try to get out of that mindset and do your thing! =========================== Edit: FREE EBOOK Here's the E- Book the 14 year old self made millionaire wrote: Reallionaire: Nine Steps to Becoming ... - Google Book Search - - Its about half of the book or more- its only a preview but good and free.. You can read short description at amazon and reviews... Amazon.com: Reallionaire: Nine Steps to Becoming Rich from the Inside Out: Farrah Gray, Fran Harris: Books | ||
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#50 |
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HyperActive Warrior
Join Date: Aug 2006
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I once worke as an insurance salesman and our boss told us that people only make as much as they think they are worth.How true.
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Be SEO savvy! Learn the ins and outs!
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