New to IM, looking for advice and networking.

I'm pretty much in the same place you are, know enough to get into a little trouble and make a little money. Now looking for a mentor to guide me the rest of the way and make me a success story.

Welcome and any success, no matter how small, is success nonetheless. It's time to focus what you've learned so far to 1 or 2 main strategies and scale it up from there...

Hi I think you have done fantastic... in such a short space of time. You sound like you are really determined. If you want help in moving forward give us a nudge

Skype sally.griffin27

Hey Mike,
It looks like you have a pretty good grasp on things so I dont have much advice. The only thing I have that I tell most new folks is this:

Find something/anything that you feel you can make money with (offering a service, Affiliate Marketing, CPA, etc.) and stick to it for a while. DO NOT jump from one program to the next. You wont be successful that way. In other words, try to avoid the "Shiney New Object Syndrom".

Rich

I learned a lot from reading posts on forums and interacting with others. Developing friendships was really good for my business. Like I was posting so much, I was made a Moderator on a busy forum and a hosting company gave me a dedicated box for a link in my signature. 9 years later, still have the box and when I meet up with their reps, we always go out and have fun.

I know where you're coming from mike34, TwinDragon, JieLim. Every rich entrepreneur started at this point.

I can remember the first time I turned 15 cents into $17 on a Click Bank offer. I felt that I was onto something and realized that it only happened once. I let the campaign run for another day and then decided that it wasn't worth it. So immediately, I cut it loose and move on to something bigger... and bigger it was.

The spree went on from 500, to 800, 1000, 2000, 3000 to eventually a 10k barrier. I remembered saying to my wife that, "sweetheart, we're not going to settle for anything less than 10k a month,since we've here."

Frankly it wasn't easy, staying at 10k a month is a stretch for me, to a point of overwhelm. Thankfully I had coach who helped me navigate the rapids towards the things that really mattered to me, and where I was most profitable.

Here's a suggestion for ya! Let's do a bit of math based on what you wanted a business model that builds on itself.

Disclaimer: This is a simplistic approach to the problem as I do not fully know your actual conditions.

What you currently have can be build on itself.

You're netting $50 a day - I'm guessing that's a conservative amount.

$50/day x 30 days = $1,500 / month for 3 hours of work.
$50/ day x 30 days = $3,000 / month for 6 hours of work.
$50/ day x 30 days = $9,000 / month for 9 hours of work

You probably can't work 9 hours per day and go to school at the same time right?

So why not outsource someone to work 6 to 9 hour per day for you for like $500-$800
a a month?

You'd net around $8,000.

There are people in ASIA who can build the business for you, the cost of training someone is well worth the pay off. This is the secret sauce of many successful marketers. The nationality is the only thing that differs.


If you don't want to outsource - work with a dorm buddy or your best friend.
Agree that both of you spend 4.5 hours per day working on the business and split the profits evenly.

Bottom line: Leverage your time and effort so you can focus on school or have enough to ditch it - so mom and dad. But hey, a degree is a good fall back and business sustenance.

Behavior is great indicator. I can see more potential for you in leveraging what you know. You have more gold in you than you realize.

Keep going mike34... and TwinDragon... and JieLim.

My 2 cents for any business. Pick niches or strategies you are passionate about. Otherwise there's a good chance you will burnout and not enjoy what you are doing. Second, even if it's IM, try to go out and network in the "real world". You can form a local Meetup group with other IM people, join a local marketing trade group etc. It may sound a bit old fashioned, but it is often much easier to build quicker bonds face-to-face. You may even be able to find a more experienced person who would be willing to take you under their wings in a group like this.

First of all, very well done making $50 a day. $1500 a month is something very many people are still working towards.

In every business I have ever created, online or offline, when I'm in the beginning stages, I work to not set something up to do in the beginning that I will not be able to do when I'm as big as I plan to be.

I believe this has helped me a lot because I already plan for scalability right from the beginning.

If you are making $50 a day, there are some successful actions you are doing to make that happen (if it is consistent). Identify those things and increase them, by working more hours or outsourcing the tasks (or outsourcing other tasks to that you have more time to scale it up.)

If you want to network, follow my on twitter, facebook or skype me. It is all in my profile.

I'm currently a college student, and can help you with anything you need! I make a lot of money from the internet, and if you need any help with anything get at me via private message!

Hi Mike,

You didn't mention who your target audience is - the people you are going to help with your products and services.

Without this, it is very hard to help.

That's great that you've moved into $50 a day territory in this relatively short period of time. If I were you, I'd stay on track and keep finding ways to simplify things if possible. As someone else has suggested, teaming up with someone else may be the answer to earning more without burning yourself out. I hope your business keeps doing well!