Don't be this kind of Newbie

13 years ago

Some very sound advice that I think lots may overlook at the end of the day. Having a firm base is always pivotal towards the overall success of any business. I truly believe that without a game plan things will far apart even if you do your best to keep it afloat.

Cheers on the advice

Blake

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Riggs

13 years ago

Great advice.

If someone asks me "How do I do IM?"
I'll typically respond with "Try downloading Windows Live Messenger."

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suman073

13 years ago

It is the main problem for the most newbies. They don't know what to do and how to do. Still they want quick money.

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RAMarketing

13 years ago

That's the problem, 'IM' is touted as a business, but it's just a marketing medium. Like asking 'how do I do TV commercials' or how do I do classified ads

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mywebwork

13 years ago

Hi Everyone

I want to start a business. I don't care what it is, as long as it makes lots of money but requires no work. And I have no money to invest and I don't like to learn new things.

As long as I can make 50k a month by the end of the year, preferably while I sleep, it will be fine. Please tell me everything I need to know, but keep it simple.

Anything wrong with that?

Bill

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JEasy

13 years ago

Originally Posted by mywebwork

Hi Everyone

I want to start a business. I don't care what it is, as long as it makes lots of money but requires no work. And I have no money to invest and I don't like to learn new things.

As long as I can make 50k a month by the end of the year, preferably while I sleep, it will be fine. Please tell me everything I need to know, but keep it simple.

Anything wrong with that?

Bill

Well excuse us for buying into the hyped up sales pages, amazing sigs, and titles like "How I started a 500K business in one day".

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mywebwork

13 years ago

Originally Posted by JEasy

Well excuse us for buying into the hyped up sales pages, amazing sigs, and titles like "How I started a 500K business in one day".

OK, you're excused. Next time read the fine print where it says "These results are not typical. Just having this product on your hard drive probably won't make you rich".

Bill

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tpw

13 years ago

Originally Posted by mywebwork

OK, you're excused. Next time read the fine print where it says "These results are not typical. Just having this product on your hard drive probably won't make you rich".

Bill

You mean to say that I have to do actual work to make actual money online?

Where is the refund button? This IM thing must be a scam... :rolleyes:

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Richard Van 13 years ago

Originally Posted by JEasy

Well excuse us for buying into the hyped up sales pages, amazing sigs, and titles like "How I started a 500K business in one day".

Actually I don't blame the newbies for thinking that especially when you get started.

The sad part is, at a guess, I'd say a huge amount of those offers are by newbies who have never made any money online who have rehashed some other crap they found. Probably best to get to grips with that first.

The bit I don't like is when I tried to mentor someone recently, they wanted to earn money fast. I told them to do some training I recommend that is free. The first thing that person said was..

"You mean I have to wait a month before I see any money?"

Needless to say that person didn't have a month to wait. That same person, 3 months later is still here asking the most basic of questions that the course I recommended would have answered very clearly. So the guy decided to spend 3 months getting nowhere instead of 1 month learning what he still hasn't.

That's got nothing to do with buying into the hype, it's all to do with expecting life on a plate.

If it seems to good to be true, it probably is.

Originally Posted by slamp

tha's what i think as a newbie

Newbie? Your signature says you make $2500 a week.
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- Chrystallee 13 years ago
  
  the biggest misconception is that newbies often think that IM is a quick-rich scheme, when in actually fact it is a business that takes time to build.
  
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E. Brian Rose

13 years ago

Originally Posted by JEasy

Well excuse us for buying into the hyped up sales pages, amazing sigs, and titles like "How I started a 500K business in one day".

Lol. If you had actually read the free How I Made $500k report then you would see that it was a lot of hard work and some misery. There was nothing to "buy into".

Just another example of somebody wanting a shortcut by reading a headline and assuming he know the contents.

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KellyS1

13 years ago

Originally Posted by E. Brian Rose

Lol. If you had actually read the free How I Made $500k report then you would see that it was a lot of hard work and some misery. There was nothing to "buy into".

Just another example of somebody wanting a shortcut by reading a headline and assuming he know the contents.

Nice! Being a newbie can pose challenges within this forum simply because the saying "No question is a dumb question" doesn't apply here.

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E. Brian Rose 13 years ago

Originally Posted by KellyS1

Nice! Being a newbie can pose challenges within this forum simply because the saying "No question is a dumb question" doesn't apply here.

I don't think that is the case at all. I think that all questions are welcome here, except for one (and the many versions of it). That question is, "How can I make a ton of money without any work, and quickly?"

All other questions are welcomed with open arms.
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David Keith

13 years ago

a business plan is much more than "i want to make money online"

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Kul

13 years ago

Originally Posted by E. Brian Rose

Let's say that you own a successful store at the local mall. A friend comes to you and says, "I want to do the mall thing too." So, you ask him what kind of store would you want to open and he replies, "Whatever is easiest and makes the most amount of money the fastest."

What would your reply be? Would you tell him that is absurd and not take him seriously? Of course you would!

Now, why is Internet marketing any different?

I just roll my eyes when I get emails or read forum posts from people saying, "I want to do IM."

Internet marketing is not "the business". The Internet is the medium in which you choose to run your business, just like the mall is for some.

Before you start a business, you need to know what type of business you want to run. What do you like? What do you understand? What is there a market for?

After those questions are answered, THEN you choose what medium you will launch your business on. Maybe it's the Internet, maybe it's a strip mall.

Just a little food for thought aimed at the next person that comes here and asks, "How do I do IM?"

I say this in the most loving way. We were all new at some point.

I agree with what you say and appreciate your humility in accepting that we were all new at some point

However, amongst all newbies there are a whole lot who don't really know what type of 'business' they want to start.

Quite a lot of these people are at a stage where they would like to identify the types of businesses that they could possibly do (within IM) and then figure out whether any of these is a good fit for them.

It is mostly from people in this group that we see the sort of general question that you mention.

It could be said that these people could get to know the basics by reading up the material already out here, and it wouldn't be wrong. But then, the same advice could be given to over 90% of the questions asked on any forum.

There is also another set of people who are simply lazy and to whom your wise advise applies perfectly. But then, I don't think this set of people will take this thread seriously anyways.

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marcuslim

13 years ago

A while ago, I found this extremely helpful video about 18 different online business models. It's a free video by Eric Holmlund. Check it out.

LESSON #4: 18 Ways to Make Money Online | Eric's Tips

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Marcus Lim
Silver Bullet Publishing

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aktubadrinker

13 years ago

I understand that there are people who don't want to do a research on how to do a thing that they want to do. Instead, they just ask the experts or in the forums hoping that their questions might be answered in details by those who are generous enough to deal them. After all, they prefer to do the easy way which is to ask question than doing the time consuming one, like researching for the things they need to know.

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marcuslim

13 years ago

Originally Posted by aktubadrinker

I understand that there are people who don't want to do a research on how to do a thing that they want to do. Instead, they just ask the experts or in the forums hoping that their questions might be answered in details by those who are generous enough to deal them. After all, they prefer to do the easy way which is to ask question than doing the time consuming one, like researching for the things they need to know.

Here is an opportunity actually. If many people are asking the same question, then you can provide a solution and sell it. Will people be willing to pay $7 to save 5 hours of research themselves? Yes absolutely! Someone once said that a lot of info marketing is about doing research for other people and getting paid for it. To stay on topic of this thread, you'd be going the info product business model if you choose to do this.

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Chrystallee

13 years ago

I hate to admit that when I found out about IM, this was exactly what I thought. I thought it was a business! But of course eventually I realized it wasn't and figured out what I wanted to do. I wouldn't want any newbie to get started the way I did! I was akin to finding my way in the dark.

I don't blame the newbies for thinking this way because the what IM truly is, is often clouded by ads and sites which claim that you can make money online "while sleeping" "on autopilot" and what nots. I am *still* seeing some of these sites around, and I still get answers like "I do internet marketing" when I ask people what kind of business are they involved in.

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IMMaster

13 years ago

in my opinion that most of us like to get money as fast as possible then we don't know what to do with these new revenue (if occured) .We forget the most important element in the whole process that is the plan> We should put a clear and reliable and implemented plan , whether it for 1 year or 5 years or even 10 years. I remember one good story about someone that he want to achieve a goal .he started by drawing the logo of his company and always draw it on the back of the envelope and send it to his girls friend . when his girl friend asked him about this logo he said that this logo will be the logo of my company one day. you know this person was Mercedes Benz. Excuse my English .

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Rach72

13 years ago

OK, so trust me to ask the dumb question.....

Why can't internet marketing be the business?

If I write PLR, then I am a PLR provider
If I ride race horses I am a jockey
If I provide a product for sale then I am a vendor
If I offer to market a product through the TV or Radio media then I am an advertising/marketing provider

So if I offer to market your product online using all the tools and methods available doesn't that make me an internet marketer and my business an internet marketing business?

Of course it takes work and there is a lot to learn, yada yada but when someone says they want to do IM I ask them why - if they say "because I want to make a tonne of money while I sleep" then I roll my eyes and send them packing.

But if they realize that this is a business and are willing to do the hard graft then I point them in the direction of places where they can learn.

Rach

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Kul

13 years ago

Originally Posted by Rach72

OK, so trust me to ask the dumb question.....

Why can't internet marketing be the business?

If I write PLR, then I am a PLR provider
If I ride race horses I am a jockey
If I provide a product for sale then I am a vendor
If I offer to market a product through the TV or Radio media then I am an advertising/marketing provider

So if I offer to market your product online using all the tools and methods available doesn't that make me an internet marketer and my business an internet marketing business?

Of course it takes work and there is a lot to learn, yada yada but when someone says they want to do IM I ask them why - if they say "because I want to make a tonne of money while I sleep" then I roll my eyes and send them packing.

But if they realize that this is a business and are willing to do the hard graft then I point them in the direction of places where they can learn.

Rach

IM can be the business. But not in every case. IM can be one's business when one is providing internet marketing services, which in your case would be true.

However, this isn't clear to most newbies.

There is a growing tendency to replace the term 'making money online' with 'internet marketing' due to a variety of reasons. 'Internet Marketing' sounds less scammy, more sophisticated and is relatively easy to explain to people who aren't aware of it.

So in a lot of cases, people make it sound as if PPC, Article writing, SEO, etc are all IM in themseleves while in reality, these are different tools that aid in IM.

And this is exactly what I think Brian is trying to point out.

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Rach72

13 years ago

IM can be the business. But not in every case. IM can be one's business when one is providing internet marketing services, which in your case would be true.

However, this isn't clear to most newbies.

There is a growing tendency to replace the term 'making money online' with 'internet marketing' due to a variety of reasons. 'Internet Marketing' sounds less scammy, more sophisticated and is relatively easy to explain to people who aren't aware of it.

So in a lot of cases, people make it sound as if PPC, Article writing, SEO, etc are all IM in themseleves while in reality, these are different tools that aid in IM.

And this is exactly what I think Brian is trying to point out.

I know... it's just that what Brian is saying could be applied to any business model anywhere. Because the internet is so much more accessible than the mall and we have forums like this we see so many more of these 'try-nots'.

I would imagine that the percentage of people who don't know what they are getting into is the same whether you are in IM or a mall owner

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StevenJones

13 years ago

You are right on the button OP. I will use that mall metaphor! It will make it easier to explain as well. Thanks

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slamp

Banned 13 years ago

it is abusiness.. just build many "money' site..

and just like other business.. if we market it right.. it will brings passive income..

tha's what i think as a newbie

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m2carbine

13 years ago

A very good observation. Indeed there is no one click get rich program with IM. There is still work to be done before achieving a breakthrough I may say.

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JohnMcCabe

13 years ago

Originally Posted by mywebwork

Hi Everyone

I want to start a business. I don't care what it is, as long as it makes lots of money but requires no work. And I have no money to invest and I don't like to learn new things.

As long as I can make 50k a month by the end of the year, preferably while I sleep, it will be fine. Please tell me everything I need to know, but keep it simple.

Anything wrong with that?

Bill

Jeez, it's been nine whole hours, and no one has posted a lengthy, definitive answer here for free.

Bunch of greedy gooroo bastids just want to keep us all down and suck us dry!

:rolleyes:

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onSubie

13 years ago

Nice post and analogy.

I made that point in another forum where newbies were asking all sorts of questions like "how do I get an image to show", "should I learn PHP", "how do I fix this broken link", etc.

I replied that a lot of those issues could be fixed by simply paying someone $5 (virtually nothing) and you should concentrate on your business. Why waste months struggling with setting up WordPress or trying to diagnose an HTML issue? Pay someone $5 or whatever and move on with building the business.

Although a lot web dev stuff can be learned and managed by you, it shouldn't be your primary task.

It is kind of like saying, "I'm learning to pour concrete because I want to open a Sporting Goods store. By the way, how do you wire overhead lights????"

Mahlon

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sal64

13 years ago

EBR raises a good point.

The internet is only a medium for selling your stuff.

Sadly, too many don't think of this as a business, when in fact they should treat it like a business if they want to succeed.

The same success principles apply both on line and offline.

Our lesser experienced colleagues should take note of this thread and not get defensive about it.

I sometimes refer to it as the IDEAL business...

Identify a business model which you are interested in

Dedicate regular time to your venture

Educate yourself in every aspect of that model

Action - take it.

Leverage your model to create multiple income streams

Sal

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Celeste Green

13 years ago

This is a great analogy. Anyone opening up a business in a strip mall would go through a lot of research and preparation as well as a thorough review from their lender before stepping a foot into their mall store. Marketing online has doesn't have that vetting process so lots of people jump in without due diligence thinking it'll be an effortless way to wealth. Well, it's still a business

Fortunately the people who don't take this seriously & treat marketing online as a business weed themselves out.

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sal64

13 years ago

Maybe it's because of the low entry costs?

People don't see it as a huge risk.

Originally Posted by Celeste Green

This is a great analogy. Anyone opening up a business in a strip mall would go through a lot of research and preparation as well as a thorough review from their lender before stepping a foot into their mall store. Marketing online has doesn't have that vetting process so lots of people jump in without due diligence thinking it'll be an effortless way to wealth. Well, it's still a business

Fortunately the people who don't take this seriously & treat marketing online as a business weed themselves out.

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Rach72 13 years ago

Maybe it's because of the low entry costs?

People don't see it as a huge risk.

Exactly

And when you have people promoting it as a risk free no-money down venture who wouldn't want to jump on the bandwagon?

Once they realize that what you don't spend in money you have to spend in time and that '***marketing' is not as effective as it once was they soon jump off the wagon again.
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Rod Cortez 13 years ago

Originally Posted by sal64

Maybe it's because of the low entry costs?

People don't see it as a huge risk.

Yep. Yeah. And yes. You can start earning in IM without a website and no money. The barriers to entry are extremely low.

In contrast, I have a friend who opened up a bar about 6 months ago. About 2 months prior to that he spent 14-18 hour days getting it ready, doing a lot of the work by himself and hired help when he could. Though the bar is making money now he won't see a real profit from this investment for about 4 to 5 years.

With that much time and money invested into his business, you're darn tootin' right he was going to do whatever it took to make it succeed. Before he even started the business he did a lot of research on what it took to open and run a bar. He networked with other bar owners and learned from them. With IM it's generally a different mindset.

It's super easy to get started. Which makes it super easy to quit (or jump onto the next shiny train).

RoD
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mikemcmillan

13 years ago

Think about it this way. Some imaginary, legendary Internet marketing guru comes to your door and says to you...

In one sentence, ask me anything you want to know about Internet marketing. The only rule is this: My reply will only be one sentence as well, so make your question succinct and answerable in a single sentence.

What would you ask the guru?

How can I make $50,000 a month working only 2 hours a day?

Or, would you ask ???

The thing is that most of the questions people ask, especially noobs, are poorly worded and unanswerable in any meaningful way. If one wants a specific answer, they need to ask a specific question. Just my thoughts. --Mike

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JimmyR

13 years ago

I think there are both sides really. Someone might not have a 'business' as such, where they have something or a service to sell.

You can look at 'IM' as throwing up some websites, promoting the hell out of them, getting traffic and making money with ads. You can do that a whole bunch of times and make a liveable income. Because it is systematic and what not, that could be called a business but it's still just IM.

I'd say I do both. I run a business that created Spinchimp, and we can sell that. Then I build and promote websites on the side to see what works and what doesn't, which also makes me money. You don't need the business to do that, someone who 'wants to do IM' can do that no worries.

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NorthernCanadian 13 years ago

Great Post OP,

I must admit that originally all I wanted was the dream of rags, well not rags to riches IM success. I have found however that by joining this forum and reading and learning and, often, asking questions I have a win-win.

As some of you may know I run a cleaning business, somewhat successful (if I don't say so myself ) but after reading several WF posts, I have been able to compliment my offline business with online tactics.

Its the best of both worlds.

The more we learn and educate ourselves the more success we will have, just remember that in order to be a success we MUST be willing to invest in ourselves FIRST.

I love this forum, I may not become a millionaire, but my family's quality of life has benefitted greatly from members here, E.Brian Rose is one for certain, as is SendCards ... to name a couple.

May we all lead our lives to the place of our dreams.

With much respect,

NC
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MoneyMagnetMagnate

13 years ago

Because, because, because, because, beCAUSE - because we're stuck on the way to OZ ...

Goodbye Yellow Brick road...I'm going back to my plow...

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xaron 13 years ago

Newbies (and I count myself as a semi-newbie) view IM through rose tinted glasses at first due to the hype surrounding the "magical, mystical world of IM".

The market is saturated with "guru's" and their latest "trust me! I'm your PAL!! I'm going to make you RICH!!!" schemes. You have a few diamonds in the rough, a few good "deals" that come and go but ultimately newbies end up jaded and desperation sinks in.

Look at it this way, let's say you want to get a PHD, you know what's needed. You go to school, study like hell and with each milestone passed, you see the finish line getting ever closer. It's an enjoyable experience because you know there's just ONE way to acheive your goal.

By contrast IM to a newbie must seem like a complete nightmare after a while, with a seemingly infinite number of ways to acheive that one goal. When everyone wants to be your friend and tell you THIER way (provided you part with X amount of $) it gets hard to remain focused. Times that by 100 or so and it's almost impossible to stay on the "right" path.

I'm not trying to start an argument here, so no need to slam me. It's just my 2c.
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dorianjohn425

13 years ago

Originally Posted by E. Brian Rose

Let's say that you own a successful store at the local mall. A friend comes to you and says, "I want to do the mall thing too." So, you ask him what kind of store would you want to open and he replies, "Whatever is easiest and makes the most amount of money the fastest."

What would your reply be? Would you tell him that is absurd and not take him seriously? Of course you would!

Now, why is Internet marketing any different?

I just roll my eyes when I get emails or read forum posts from people saying, "I want to do IM."

Internet marketing is not "the business". The Internet is the medium in which you choose to run your business, just like the mall is for some.

Before you start a business, you need to know what type of business you want to run. What do you like? What do you understand? What is there a market for?

After those questions are answered, THEN you choose what medium you will launch your business on. Maybe it's the Internet, maybe it's a strip mall.

Just a little food for thought aimed at the next person that comes here and asks, "How do I do IM?"

I say this in the most loving way. We were all new at some point.

What an excellent advice here!

Yes, I'm that kind of person sometimes, lol...looking immediately on how I'll get the income I wish but was never certain yet of what do I really want and how do I do it.

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Don't be this kind of Newbie

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