Reality Check March 2012

12 years ago

Originally Posted by Fernando Veloso

Maybe IM is not for you. Maybe you just need to refocus that energy to something else, more profitable, something in which you're GOOD at.

I get where your coming from but suggesting that people give up is INSANE. It took many highly successful marketers months to years to learn skill sets that allowed them to finally make money online.

Most people just have the scatter brain problem. Always searching and not focusing on taking massive action towards one goal. If people are struggling for money they should get a side job but NEVER GIVE UP ON YOUR reason WHY you started marketing online.

[ 1 ] Thanks
2 replies

{{ DiscussionBoard.errors[5917084].message }}

Fernando Veloso

12 years ago

Originally Posted by jamesrich1

I get where your coming from but suggesting that people give up is INSANE. It took many highly successful marketers months to years to learn skill sets that allowed them to finally make money online.

Most people just have the scatter brain problem. Always searching and not focusing on taking massive action towards one goal. If people are struggling for money they should get a side job but NEVER GIVE UP ON YOUR reason WHY you started marketing online.

Hey James,

When people take 1 year to make 100$ online... I'll definitely advice them to get a reality check.

And believe me, no one is giving up cause I told them to - In fact, I post better advices then this, and no one follows them.

Thanks
2 replies

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5917100].message }}

jamesrich1

12 years ago

Originally Posted by Fernando Veloso

Hey James,

When people take 1 year to make 100$ online... I'll definitely advice them to get a reality check.

And believe me, no one is giving up cause I told them to - In fact, I post better advices then this, and no one follows them.

I agree with where you are coming from about getting a reality check if your making pennies online. Some people are easily influenced towards advice like "Maybe its not for you."

FREE advice is mostly over looked. Unless someone pays a substantial amount the advice usually goes at the waste side. I imagine you have given thousands of golden nuggets of advice on this forum and the people that need it most will most likely not take it.

Its sad as hell that 98% of all types of marketers are struggling to create any substantial income online but everybody came online to market for a reason. Its a suicide mission as far as the numbers go.

The ones that REFUSE to QUIT and stick with one goal in mind will find a way to Succeed. I am a strong believer of that. That is the only reason I replied with what I said.

[ 3 ] Thanks

{{ DiscussionBoard.errors[5917140].message }}

Will Edwards 12 years ago

Originally Posted by Fernando Veloso

Hey James,
When people take 1 year to make 100$ online... I'll definitely advice them to get a reality check.

I made $29 in my first year online. Today I do 5 figures passively. Glad you didn't post your advice back then
- [ 4 ] Thanks
- 5 replies
{{ DiscussionBoard.errors[5922537].message }}
- Fernando Veloso 12 years ago
  
  Originally Posted by Will Edwards
  
  I made $29 in my first year online. Today I do 5 figures passively. Glad you didn't post your advice back then
  
  Nahh You wouldn't listen to me anyway.
  
  [ 1 ] Thanks
  
  1 reply
  
  Signature
  
  People make good money selling to the rich. But the rich got rich selling to the masses.
  
  {{ DiscussionBoard.errors[5922628].message }}
  
  Will Edwards 12 years ago
  
  Originally Posted by Fernando Veloso
  
  Nahh You wouldn't listen to me anyway.
  
  Ha ha! You're right my friend.
  
  And I do understand what you are trying to say. Jill's comment is spot-on too. I have mentored three people so far (by the way I did it for free just for the experience) and I noticed there is one thing they all had in common and it is a characteristic I don't posses - they all gave up far too soon.
  
  So I do understand.
  
  Actually, when people complain that nothing works, they really are highlighting how poor their own tracking and analysis skills are because exactly the reverse is true - everything works. The law of cause and effect is always operating.
  
  What people need to do is work out how to scale up their efforts. Pick the things that work best, then scale up. Keep monitoring and tweaking and stay committed and determined.
  
  OR - as you say - go and get a job <-- so you see, I do agree with you really.
  
  Will
  
  [ 1 ] Thanks
  
  {{ DiscussionBoard.errors[5927664].message }}
- Jill Carpenter 12 years ago
  
  Originally Posted by Will Edwards
  
  I made $29 in my first year online. Today I do 5 figures passively. Glad you didn't post your advice back then
  
  I could be wrong, but I get the impression that this post is more for those who come in whining and crying how they've been trying to make money for ever and a day. Those who say that "none of the WSO's work. "
  
  Did you come in after your first year and complain? Or did you analyze and fix the situation?
  
  Lots of barkers in here, not enough biters. Hard to bark when you're busy biting.
  
  [ 1 ] Thanks
  
  Signature
  
  "May I have ten thousand marbles, please?"
  
  {{ DiscussionBoard.errors[5922704].message }}
- fin 12 years ago
  
  Originally Posted by Will Edwards
  
  I made $29 in my first year online. Today I do 5 figures passively. Glad you didn't post your advice back then
  
  Will,
  
  You're on page 1 for personal development. Much Respect.
  
  [ 1 ] Thanks
  
  {{ DiscussionBoard.errors[5922831].message }}
- Randall Magwood 12 years ago
  
  Originally Posted by Will Edwards
  
  I made $29 in my first year online. Today I do 5 figures passively. Glad you didn't post your advice back then
  
  Interesting comment.
  
  Thanks
  
  Signature
  ==>> Free video reveals how to make $10k/month with affiliate marketing
  
  {{ DiscussionBoard.errors[5924163].message }}
- capitalalchemy 12 years ago
  
  Well, considering that when you try and create a life for yourself online you have to go through the school of hard knocks, which includes a self education in business, taxes, sales, SEO, content syndication, putting up a blog, HTML, PHP, sales copy, niche analysis, sales psychology, and about 100 other things to master -- no, within 1 year to make $100 a day is far from realistic.
  
  This leads me to believe that a person may have previous knowledge of many of these things before beginning and a lot of luck. Truth is, you can become an annual millionaire even after spending 15 years online, so why WOULDN'T you continue?
  
  I mean, even if you have a job that consumes most of your time, and a family and all of that -- you've got some free time to spare. You're going to use it.
  
  Eventually it's going to outweigh your employed income, even if it takes 20 years. I mean seriously -- there aren't any restrictions on experimenting online in your free time.
  
  I can't stand threads like this, honestly. Yes...a better opportunity might be in the offline world, but there is no reason that you can experiment in both to find your calling.
  
  Thanks
  
  {{ DiscussionBoard.errors[6040667].message }}

salegurus

12 years ago

Originally Posted by jamesrich1

I get where your coming from but suggesting that people give up is INSANE. It took many highly successful marketers months to years to learn skill sets that allowed them to finally make money online.

Most people just have the scatter brain problem. Always searching and not focusing on taking massive action towards one goal. If people are struggling for money they should get a side job but NEVER GIVE UP ON YOUR reason WHY you started marketing online.

Why is it INSANE? Some people may not be cut out to start a successful online business but they could make it in an offline business.
Yes it did take some months, years to be very successful but saying that someone should hang around indefinitely until they make it by "taking massive action" (BTW is that the new buzzword) may not work for them.

[ 1 ] Thanks
1 reply

Signature

Think of how stupid the average person is, and realize half of them are stupider than that.

― George Carlin

{{ DiscussionBoard.errors[5917141].message }}

jamesrich1 12 years ago

Originally Posted by salegurus

Why is it INSANE? Some people may not be cut out to start a successful online business but they could make it in an offline business.

If you start at any business model that others have had success with that is proof in itself that you can succeed. There are too many success stories that involve the most horrific stories of people that were struggling for years to finally have breakthroughs. All of the time that these people have put in for years is all worth something. They are building up invaluable skill sets that will pay off if they stick with their goal.

Would you climb 3/4th of Mt Everest to give up? Nope because that would be INSANE...
- Thanks
- 1 reply
{{ DiscussionBoard.errors[5917192].message }}
- 4DayWeekend 12 years ago
  
  I disagree with giving up. After all, winners never quit and quitters never win.
  
  However I do agree with the idea of going outside and doing something that you're good at to pay the bills. Then in your spare time work on IM safe in the knowledge that you're not desperate for the cash.
  
  Success often comes when you're less desperate for it.
  
  [ 1 ] Thanks
  
  Signature
  
  Free Report Reveals: How to make hundreds of dollars per month with 1 social media account
  
  {{ DiscussionBoard.errors[5917235].message }}

ryanman

12 years ago

It's true that not everyone can be frank kern or donald trump and yes some folks will never make good money online. But, there are also people who challenged their beliefs and made a lot of money on the internet.

It's odd that I am reading this post today as I spent all of yesterday talking to a bunch of people who went from nothing to millions online.

[ 1 ] Thanks
2 replies

Signature

^^^Click The "UGLY BANNER" to "MAKE MONEY"^^^

{{ DiscussionBoard.errors[5917114].message }}

Fernando Veloso

12 years ago

Originally Posted by ryanman

It's true that not everyone can be frank kern or donald trump and yes some folks will never make good money online. But, there are also people who challenged their beliefs and made a lot of money on the internet.

It's odd that I am reading this post today as I spent all of yesterday talking to a bunch of people who went from nothing to millions online.

There is always a 1% to screw up my ideas. I am used to it.

But to say cause someone made a million, another one should go on making 100$ per year is... a bad idea IMHO.

In the end it's a personal idea of mine. No one is going to listen to me, they'll say "He's wrong and I can prove it!" Maybe it can make them more focused and better IM'ers, who knows...

Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5917154].message }}

Rankomatic

12 years ago

My first year was a while ago now. I made nothing for nearly 6 months before wifey said get a job. As soon as I got a job it suddenly took off and I quit my job and went back to it. That was 6 years ago and now I do 5 figures a month from it. It's not an easy road starting out so the advice on this post I would also have to agree with. Never forget you can still find employment and do IM part time.

[ 1 ] Thanks
1 reply

{{ DiscussionBoard.errors[5917173].message }}

Fernando Veloso

12 years ago

Originally Posted by Rankomatic

My first year was a while ago now. I made nothing for nearly 6 months before wifey said get a job. As soon as I got a job it suddenly took off and I quit my job and went back to it. That was 6 years ago and now I do 5 figures a month from it. It's not an easy road starting out so the advice on this post I would also have to agree with. Never forget you can still find employment and do IM part time.

Wise words.

When people need to get back to a 9to5 job with a bad boss, they usually focus better then ever. That helps a lot cause they don't have all day to be chitchatting and whatnot. They focus their short free time into profitable missions.

Oh and congrats on your goals

Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5917208].message }}

Lightlysalted

12 years ago

I agree that it's important to be patient. I have a 5 year plan for any website I launch. It means that I will keep investing in that site until the 5 year point. Long term thinking is best.

Thanks

Signature

UK Pet Sitting Directory
Free Delivery Codes

{{ DiscussionBoard.errors[5917191].message }}

alistair

12 years ago

Maybe some people like to keep trying. Maybe they find it like treasure hunting, prospecting for gold or playing the lottery, just waiting or hoping for that day when they finally hit it big.

Or maybe it's like what you say and they should just give up trying and focus on something they are good at.

Whatever the reason is I don't think there's any harm in trying, even if you never really succeed.

I think it's like the people who run against Usain Bolt. They know they'll never beat him but they carry on doing what they do anyway even if they finish last every time. Personally I wouldn't bother carrying on trying, but I'm not them.

[ 1 ] Thanks
1 reply

{{ DiscussionBoard.errors[5917313].message }}

Fernando Veloso

12 years ago

Originally Posted by alistair

Maybe some people like to keep trying. Maybe they find it like treasure hunting, prospecting for gold or playing the lottery, just waiting or hoping for that day when they finally hit it big.

Or maybe it's like what you say and they should just give up trying and focus on something they are good at.

Whatever the reason is I don't think there's any harm in trying, even if you never really succeed.

I think it's like the people who run against Usain Bolt. They know they'll never beat him but they carry on doing what they do anyway even if they finish last every time. Personally I wouldn't bother carrying on trying, but I'm not them.

Awesome post.

I just don't (partially) agree with this part:

Whatever the reason is I don't think there's any harm in trying, even if you never really succeed.

IM is like a last resort for many people trying to make (some) money. And often they keep on trying for a whole year or more, investing a lot of time into it, and no money made, which puts them in a worst situation then a year before.

There must be a limit - this is not a sports race, it's business.

Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5917352].message }}

hicksdelight

12 years ago

All it takes is ONE site, ONE site to make some decent money, either enough to invest in another site or enough for you to live life better, but it just takes ONE site, you can fail for a year then next site you try could be a big success leading onto bigger and better things.

My advice though is if you have failed for a year is to review what you do as it obviously isnt working and change it and keep trying.

[ 2 ] Thanks

{{ DiscussionBoard.errors[5917351].message }}

TheWonderingWanderer

12 years ago

It takes a lot of hard work to be in IM and there simply just are some people who think its going to be easy. The same people making less than $100/day are also too lazy to go out and get those other jobs that you mention.

[ 1 ] Thanks
1 reply

{{ DiscussionBoard.errors[5917362].message }}

Fernando Veloso

12 years ago

Originally Posted by TheWonderingWanderer

It takes a lot of hard work to be in IM and there simply just are some people who think its going to be easy. The same people making less than $100/day are also too lazy to go out and get those other jobs that you mention.

I don't think it's a laziness issue - definitely not. It's more complex then that. People are really trying, pushing it and working hard, maybe they simply don't have that "midas touch" for IM?

I mean, this is a business - and not everyone is a "business man". And when I mention "jobs" it's not only a "get a job" idea - it's more of a " be an entrepreneur" and try it outside IM.

Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5917398].message }}

Brandon Tanner

12 years ago

Originally Posted by Fernando Veloso

Today was reading some posts in here and saw a couple of them with users stating they've made less then 100$ in a year or more.

My first year online I made less than $300 (that was the year before I found the Warrior Forum -- coincidence?). My second year online I made over $10K. By my third year I was up to a full-time income. That's a pretty slow climb compared to some, but I'll take it.

So if someone doesn't make much at all in their first year, yet they have a burning desire to succeed online... I say keep on truckin'! (but only if they can afford to do that, of course). I think that if you want it bad enough, you will find a way to make it happen.

If not, then yeah... maybe it's time to get a job.

[ 2 ] Thanks

Signature

{{ DiscussionBoard.errors[5917380].message }}

Solid State

12 years ago

You can always work a day job while you learn. Eventually, you have to figure it out.

Thanks

{{ DiscussionBoard.errors[5917446].message }}

Paul Gram

12 years ago

I think much of it has to do with how bad they want it (or not) their drive and focus, and setting their own standards. Many people shoot for $100 per day when they should be shooting for $100 per 30 minutes or hour.

Many people jump from thing to thing and never really work hard or they work hard on the learning but not the doing.

And, like you said, some people are not cut out for this which is totally true. You nailed it.

If people want to build real, legit businesses and/or income streams online, it's very possible and do-able for almost anyone, but they need to work their *ss off and do their part as well.

[ 1 ] Thanks
1 reply

Signature

Click Here For My Exclusive WSO
Kindle Self Publishing Supersite - Kindle Templates, Book Covers & Trailers, Marketing Tips, & More

{{ DiscussionBoard.errors[5917477].message }}

Fernando Veloso 12 years ago

Originally Posted by Paul Gram

Many people shoot for $100 per day when they should be shooting for $100 per 30 minutes or hour.

Cheers Paul

Interesting you mention it, cause this is one of those things that IM'ers seem to forget:

A cleaning lady charges at least 10-15$ per hour. An electrician charges 25$ per hour + 50$ just to get here, and a Vet charges 50$-100$ per hour to check my pets.

IM'ers love to charge 1, 2, 5 or 10$ per hour to deliver expertise work. This attitude makes them and 99% of the industry to drop standards and work for... free. A good amount of IM'ers could be making a good profit if this industry could market itself correctly.

How weird is that? Marketers can't market themselves correctly?
- Thanks
- 1 reply
Signature

People make good money selling to the rich. But the rich got rich selling to the masses.
{{ DiscussionBoard.errors[5917818].message }}
- Legit SEO 12 years ago
  
  I doesn't matter if I'm making $0 or $1 million dollars, I will keep doing Internet Marketing because I enjoy it.
  
  Thanks
  
  Signature
  
  {{ DiscussionBoard.errors[5917834].message }}

Resale Rights Ninja

12 years ago

Seriously if you keep at it, and work hard at it, you are bound to succeed at the online thang. I am glad I never quit.

Thanks

Signature

PM Me Now!

{{ DiscussionBoard.errors[5917840].message }}

Kal Sallam

12 years ago

Yup it requires creativity and not everyone is creative..it's a matter of either it fits or it doesn't.

Thanks

{{ DiscussionBoard.errors[5917855].message }}

thinktwice

12 years ago

Well 100$/year is a start if they only work 1 hour per month.

Problem is that they never focus on anything. Everything goes so fast... you need to put 10-15 hours a week at first to learn things.

That means focus: -No more TV, Facebook, Checking emails/msn/msgs every 10 minutes and wasting your time on forums or anything else

Thanks
1 reply

{{ DiscussionBoard.errors[5917867].message }}

Resale Rights Ninja

12 years ago

Originally Posted by thinktwice

Well 100$/year is a start if they only work 1 hour per month.

Problem is that they never focus on anything. Everything goes so fast... you need to put 10-15 hours a week at first to learn things.

That means focus: -No more TV, Facebook, Checking emails/msn/msgs every 10 minutes and wasting your time on forums or anything else

lol - that gave me a chuckle. Yeah you have to block out time and work hard.

Thanks

Signature

PM Me Now!

{{ DiscussionBoard.errors[5917881].message }}

Christopher Fox

12 years ago

Definitely legitimate food for thought. Something new IMers need to consider is that the entrance barriers continue to rise. You want to compete with Google for search traffic? Well, 20 years ago, a group of programmers with determination and will and a refusal to quit had a chance. Today, you would need all of that plus, millions upon millions upon millions of dollars to even think about having a chance.

Every new industry develops that way over time. Because several people had success with steps x, y & z 3 years ago, does not mean that they would, if they had to start all over today be as successful, simply due to saturation, and both the amount and level of competition. Further, none of this is done evolving yet.

One thing, however, is that there is going to always be an increasing amount of potential traffic on the net. Traffic = money. Not all of the money is spoken for yet, either from selling advertising or marketing products.

I would suggest that the key to getting into this now, as I am considering, is the entrepreneurial mindset. You are building a business, not a quick, sit in you pajamas and rake in 5 digits a month from crappy content, spun articles and finding that special niche(s).

I personally think that if you are like me, and just dipping your foot into the water in 2012, you better have that realistic mindset suggested by Fernando. And you better stop relying on the tried and true methods as your meal tickets.

Innovate. Find a new twist once you understand how people are doing it now. I also think that a lot of IMers, successful IMers, are riding a wave that is not going to last forever and it will become increasingly challenging to maintain their current profit level doing the same 'ol thing they have been doing for the last 6 years.

[ 2 ] Thanks
1 reply

Signature

One man alone can be pretty dumb sometimes, but for real bona fide stupidity, there ain't nothing can beat teamwork.

- Seldom Seen Smith

{{ DiscussionBoard.errors[5917899].message }}

Fernando Veloso

12 years ago

Kudos Christopher.

Nice to see a clever and deep answer which brings new stuff we can discuss:

Originally Posted by Christopher Fox

Definitely legitimate food for thought. Something new IMers need to consider is that the entrance barriers continue to rise. You want to compete with Google for search traffic? Well, 20 years ago, a group of programmers with determination and will and a refusal to quit had a chance. Today, you would need all of that plus, millions upon millions upon millions of dollars to even think about having a chance.

Every new industry develops that way over time. Because several people had success with steps x, y & z 3 years ago, does not mean that they would, if they had to start all over today be as successful, simply due to saturation, and both the amount and level of competition. Further, none of this is done evolving yet.

One thing, however, is that there is going to always be an increasing amount of potential traffic on the net. Traffic = money. Not all of the money is spoken for yet, either from selling advertising or marketing products.

Great analysis.

The way I see it we'll be more dependent of user generated sites (been hammering on this for months now...) instead of the usual suspects. The whole web is evolving so fast it's hard to predict what will happen, but I strongly believe those investing in BUSINESSES will have a good chance to make it BIG - and those investing in "sites" will lose 90% of their profits.

And:

I would suggest that the key to getting into this now, as I am considering, is the entrepreneurial mindset. You are building a business, not a quick, sit in you pajamas and rake in 5 digits a month from crappy content, spun articles and finding that special niche(s).

I personally think that if you are like me, and just dipping your foot into the water in 2012, you better have that realistic mindset suggested by Fernando. And you better stop relying on the tried and true methods as your meal tickets.

Innovate. Find a new twist once you understand how people are doing it now. I also think that a lot of IMers, successful IMers, are riding a wave that is not going to last forever and it will become increasingly challenging to maintain their current profit level doing the same 'ol thing they have been doing for the last 6 years.

Wise words dude, wise words.

For reference for entrepreneurs here's a site I love: mixergy.com. I am NOT affiliated with them in any way. There is a "Skipp registration" at the bottom of index.

And Christopher, hope to see you around more often.

Thanks.

Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5917969].message }}

icegin

12 years ago

I understand what you're saying, though I think a lot of people on WF who are still trying to make a decent income online have regular jobs. It might take a while, but it doesn't hurt to keep up with IM when one has free time.

Thanks
1 reply

{{ DiscussionBoard.errors[5917981].message }}

Christopher Fox 12 years ago

And Christopher, hope to see you around more often.

Me too as it would mean that I went from thinking and talking to doing.

I wish more successful online business folks would post info like this and provide food for thought for newbies versus the typical stuff seen here. Thanks for the reality check ...
- Thanks
Signature
One man alone can be pretty dumb sometimes, but for real bona fide stupidity, there ain't nothing can beat teamwork.

- Seldom Seen Smith
{{ DiscussionBoard.errors[5918227].message }}

paul_1

12 years ago

Just always follow your passion and what you love doing and you will never fail... Even if you dont earn enough in 1 year 2 years doesnt matter as long as you're doing what you love for it is never work and there is never effort if you do what you love...

Thanks
1 reply

Signature

Paid Download

{{ DiscussionBoard.errors[5918438].message }}

jan roos

12 years ago

It took me 3 years of info overload, going into cc debt, spending 10 hours a day online making nothing in return.

Today I am earning a healthy 6 figure income working maybe 2 hours a day if I feel like it while travelling through Central America surfing the best waves of my life.

Good thing I didn't quit and went to work for a boss for minimum wage.

Cheers

Thanks
2 replies

Signature

I'll teach you how to make money like a Mamba.

Sign up for the free money mambas newsletter!

{{ DiscussionBoard.errors[5918515].message }}

Brandon Tanner

12 years ago

Originally Posted by jan roos

Today I am earning a healthy 6 figure income working maybe 2 hours a day if I feel like it while travelling through Central America surfing the best waves of my life.

How can you justify doing that much work each day when the waves are going off? Are you crazy ??

Thanks

Signature

{{ DiscussionBoard.errors[5918944].message }}

Richard Van

12 years ago

Originally Posted by jan roos

It took me 3 years of info overload, going into cc debt, spending 10 hours a day online making nothing in return.

Today I am earning a healthy 6 figure income working maybe 2 hours a day if I feel like it while travelling through Central America surfing the best waves of my life.

Good thing I didn't quit and went to work for a boss for minimum wage.

Cheers

This ^^^^

Very similar for me. Two years and virtually no money made and a bit of debt added to it. I didn't give up though because of where I was when I started and I just couldn't let myself go back there.

Having said that, I do agree to a good extent with Fernando. This is business and most people are simply not cut out to succeed. Add to that the shiny bullet syndrome that simply doesn't exist in "normal" jobs and education primarily being an employee training ground, most don't have the mentality to do this. It requires a lot of hard work to begin with. For some it comes naturally, good for them but they need to know they are not the norm.

I read a lot of people posting here and I simply wish they'd get a reality check and stop dreaming. That's what it is. I'm not talking about people in this thread or anyone I tend to talk to on this forum but like yesterday when I read a post on "how can I make $60,000 in 30 days?" and I can't help having a facepalm moment.

I'm not the sort of person to give up on anything but I do know when I'm flogging a dead horse.

Then again it's "horses for courses". We're all different and one person whose been trying for a year and yet to taste success may well succeed very soon and the fact is, some people simply won't succeed in this, ever.

That's life.

[ 2 ] Thanks

Signature

Wibble, bark, my old man's a mushroom etc...

{{ DiscussionBoard.errors[5919996].message }}

Woodward82

12 years ago

Most brick and mortar small business dont profit $100 in the first year. Would we tell them to close shop?

Thanks
1 reply

Signature

If this post was useful please show your appreciation by hitting the THANKS button. ----- Right here V

{{ DiscussionBoard.errors[5918505].message }}

salegurus

12 years ago

Originally Posted by Woodward82

Most brick and mortar small business dont profit $100 in the first year. Would we tell them to close shop?

Don't know about that ^^.
I was in the catering industry for about 12 years before pursuing other interests. In that time i opened 2 restaurants and a pub. If you can't make $100 net in your first 3 months never mind first year then your business plan was seriously flawed.

Thanks
2 replies

Signature

Think of how stupid the average person is, and realize half of them are stupider than that.

― George Carlin

{{ DiscussionBoard.errors[5921485].message }}

Fernando Veloso

12 years ago

Originally Posted by salegurus

Don't know about that ^^.
I was in the catering industry for about 12 years before pursuing other interests. In that time i opened 2 restaurants and a pub. If you can't make $100 net in your first 3 months never mind first year then your business plan was seriously flawed.

Maybe he was talking about 100K? Hope so.

Cause with all the taxes, rentals and daily expenses, companies need to make at least 100$per day just to pay those very basic expenses.

Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5921618].message }}

John Durham

12 years ago

Originally Posted by salegurus

Don't know about that ^^.
I was in the catering industry for about 12 years before pursuing other interests. In that time i opened 2 restaurants and a pub. If you can't make $100 net in your first 3 months never mind first year then your business plan was seriously flawed.

Why in the world would anyone want to be in a business where they couldnt do that the first week at least?

I know guys that own retail businesses... too much headache and the cash flows too many directions. Keep it simple, and keep it mostly profit from day one is my advice.

I also believe what others are saying here, that it takes tireless dedication to be an Im'r. More than most could imagine. I can do more work on a bad day than most people can muster on their best, posting all day in between...and dont even know Ive worked yet...

I use to cold call the opposite coast after a full 8 hour day of cold calling at my JOB...to learn these things...and stay up till midnight reading the warrior forum learning even more....saving up money for Perry Marshall or Corey Rudle's program, then failing my ass of and losing hundred of dollars (which were like thousands to me) for months on end...

Anyone can be dedicated if they try right?

I use to feel that ALL others can do the same too, but in truth, you really have to be the "horse for that course" to pull that kind of obsession out of yourself for any length of time.

Yes you need to be a little obsessed about your dreams, and work so hard that you are too tired to even realize you are working anymore, but you dont notice because you are obsessed.

Sleeping and eating may even become an inconvenience at times in the beginning of this journey...If you are headed down the road where I have been .

Not everyone can do that.... Its not about one being better than the other, its about different personality types...Most people need a structured time off, or a plan that works like ABC.... but you have to be PRESENT because the variables dont always come out the same, even with a great ABC plan... you have to be there to watch the individual behaviors of AB and C over time and really get to personally know how to work with them.

And forget trying to teach anyone else everything you know (like my daughter)...they have to be willing to be that person too...and pay that price too, and love the dream too, not just the ideals of money, because there will be times when , if you dont love the journey, then.... well lets say there are opportunities to fall by the wayside, especially if you havent made money yet.

My daughter wants to be the person I am, but she doesnt want to be the person I was to get here.

Dont give up on yourself, but DO realize that just because some of us make it look easy doesnt mean we arent working twice as hard as the average person.

Most people get off at 5 and go have a life.... for most of us though...not all... our work is our "lifeswork"... we watch it, we nurture it, we love it, we pull our hair out over it, and we post at 3:48 AM because we are up thinking on it and pondering it.

Honestly not something to just dip your feet in. Actually the "offline" aspect is better if you treat it like a job and have set hours... but, even then you have to be really dedicated during your work hours and treat yourself like your own boss ....thats not easy for most.

Some days I am so obsessed that I dont even EAT.... but what I "NEVER" do anymore, is go out to my car at 6am on a cold morning and scrape the windows and heat it up while I rush to get ready, because I have to report to a job!

Thats the perk. Freedom. There is money, and there is work, but there is freedom in doing it by choice and doing what drives your own passion.

In closing.... I could currently live 100% off my IM income comfortabyl if I stopped everything else right now...even grow it with todays knowledge to much bigger places...and I wish with all my heart and soul that I didnt have to tell you this, and maybe it wont take you so long...but it took 12 years for the light bulbs to start coming on, even though I was learning something new everyday, and earning a little extra money here and there... I didnt know how to pull it all together...

Keep going till your personal lightbulb comes on, it will...Hopefully sooner though! lol

[ 2 ] Thanks
1 reply

{{ DiscussionBoard.errors[5928341].message }}

Fernando Veloso

12 years ago

Cheers John

Originally Posted by John Durham

My daughter wants to be the person I am, but she doesnt want to be the person I was to get here.

Exactly, that's one of the biggest challenges for IM newcomers: they want the (bling bling) lifestyle, but they miss the action/work/hard part. That's why so many of them fall for the "easy" way out.

True story: I used to coach a small group, less then 40 guys.

One of them created a small empire in less then 3 months, and he hit gold really fast - I got highly surprised cause it seemed the most shy ever, you know? But he was a working machine and his brain was "computing" the information all day long: backlinks, content, headings, footers, this bit, that bit... amazing stuff just to be following this kid working hard to get it done the right way.

Vast majority of the other users (uni students, the most) dropped the coaching cause they didn't had time (lol) or it was too difficult for them (rotfl)!

Oh and the shy guy, last time I talked to him, was working IM fulltime. This was 2-3 years ago, right now don't know what he's doing.

Thanks
1 reply

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5928968].message }}

Jill Carpenter

12 years ago

Originally Posted by John Durham

What you are equipped to do and what you can pull out of yourself are two different things..

I told someone I would never drive the stick shift - unless we were stuck at a cabin out in the woods and I had no choice but to drive him to the hospital out of an emergency situation.

I actually learned to drive on a stick too. :p

[ 2 ] Thanks
2 replies

Signature

"May I have ten thousand marbles, please?"

{{ DiscussionBoard.errors[5929097].message }}

Fernando Veloso

12 years ago

Originally Posted by Jill Carpenter

I told someone I would never drive the stick shift - unless we were stuck at a cabin out in the woods and I had no choice but to drive him to the hospital out of an emergency situation.

I actually learned to drive on a stick too. :p

Had to Google "stick shift" ahahah... Thanks for that, lesson learned.

[ 1 ] Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5929146].message }}

LloydC 12 years ago

Alot of people come in here asking how to start up with absolutely nothing to invest, it's commonly known that you have to spend money to make money. You can go register at odesk etc and write some articles, or transcribe if you can't write articles, or translate if english isn't your first language etc for decent money until you have enough to invest.

Hell if you can't be assed building a big business I'm pretty sure you could make a good living off odesk alone. Just avoid the people who think charging $1/500 words is acceptable.
- Thanks
{{ DiscussionBoard.errors[5929187].message }}

Usmile

12 years ago

Even if the world will not end in 2012, I will still strive to get for a living. We are born to survive and we should live it. I believe that all of us, are given the chance to get a good life and it's up to us to take that chance.

Thanks

Signature

Buy Real Twitter Followers | 100% Money Back Guarantee!
Buy Real Youtube Views | 100% Money Back Guarantee!
Buy Real Soundcloud Plays | 100% Money Back Guarantee!
Buy Real Vimeo Views | 100% Money Back Guarantee!
Or Become Our Reseller to Save More!

{{ DiscussionBoard.errors[5919541].message }}

JerrickYeoh

12 years ago

That true. I learn something that only insane people will keep do the same thing and aspect for the different result. It won't happen .
You may not the one earn high income with online only, but atleast you try and learn . I'm sure you atleast get 10% of the result .

Thanks

Signature

Cheap .COM and .SG domain name
Business Web Hosting, Email Hosting, E-commerce Hosting.

{{ DiscussionBoard.errors[5919801].message }}

cmcc360

12 years ago

Sorry But not everybody is a quitter.. If you have the zeal and passion to succeed you will be able to learn from your mistakes and excel.

Thanks

{{ DiscussionBoard.errors[5919923].message }}

WriterWahm

12 years ago

Originally Posted by Fernando Veloso

Today was reading some posts in here and saw a couple of them with users stating they've made less then 100$ in a year or more. But I know this is quite a trend with many people struggling to make a decent income, right?

I get where you're coming from and I even agree with you to a large extent. But I frankly believe that it's that kind of thinking that got them stuck at $100/year in IM. When you know you have no other choice and you are a few steps to homelessness; when you know you have a baby to feed and there is no other source of income (and I mean no other in the whole wide world); trust me, you will put your nose to the grind and make some good money. IMO.

Thanks

Signature

PM me if you want a romantic fiction ghostwriter.

{{ DiscussionBoard.errors[5919928].message }}

vilcot44

12 years ago

Maybe money is not their only consideration for making money online. Maybe they want to be home-based, or they don't want to be nagged by a boss.

Although I do get what Fernando Veloso is saying. That is, go for the path of maximum returns. $100 a year is normal (well subpar) for a newbie. But if you are already doing internet marketing for a few years and still get $100 a year, it's definitely time to reconsider a new career.

Thanks

{{ DiscussionBoard.errors[5919969].message }}

celente

12 years ago

[ 1 ] Thanks

Signature

Create a $5000 USD a month Business. 1-on-1 Coaching. By 6 figure marketer! - CLICK HERE

{{ DiscussionBoard.errors[5920241].message }}

Fernando Veloso

12 years ago

Thanks so much for your feedback boys and girls. Would love to give Thanks to many of you, but the system is resting for now

Sharon,

I get where you're coming from and I even agree with you to a large extent. But I frankly believe that it's that kind of thinking that got them stuck at $100/year in IM. When you know you have no other choice and you are a few steps to homelessness; when you know you have a baby to feed and there is no other source of income (and I mean no other in the whole wide world); trust me, you will put your nose to the grind and make some good money. IMO.

Oh yes, when facing a stressful situation like you describe you can be sure people will do it, push it real hard. Maybe that's what it takes?

Richard,
How you doin' mate?

We're all different and one person whose been trying for a year and yet to taste success may well succeed very soon and the fact is, some people simply won't succeed in this, ever.

QFT. And some of these folks can be missing great businesses doing something else, following their passions. But there is so much "this is easy, you'll be a millionaire" nonsense, people keep trying, and trying... for long periods without a proper income for all their hard work.

But yeah, that's how life goes.

[ 1 ] Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5920857].message }}

chinadigipro

12 years ago

It all about the urge and the passion to earn. If one does not have it, one won't be able to make a dime, Even if they do, it wouldn't last long. One must have a burning intention in order to survive in here. Loss gives experience. Risk taking makes you tough. So keep moving against obstacles. Will reach your goal one day.

Thanks

{{ DiscussionBoard.errors[5921800].message }}

joergHaus

12 years ago

One thing is for sure, whatever business you want to start it takes time to learn and turn a profit. I took me one year of eating and breathing IM to get it. There is also a lot of misinformation out there. In reality it is not that difficult, when you know what to do. If you have started one restaurant and that one is profitable, it so much easier to start a new one. Patience and a passion for knowledge goes a long way.

Thanks
1 reply

{{ DiscussionBoard.errors[5921946].message }}

Jill Carpenter 12 years ago

Quote Details: Albert Einstein: Insanity: doing the same... - The Quotations Page

I think those who are not cut out or need to quit basically are those who fall into the above quote.

I think it's silly to push everyone to keep trying. That is like someone who wants to be a pro football player and has no arms or legs. Not going to happen. Not to say that they are not passionate - and perhaps unable to find another way to express their love for the topic through some other means.

Some people don't take the time to sit themselves down, analyze their weaknesses, and figure out how to best resolve them so they can devote time to where their true talents rest.

Running and managing a business needs a totally different mind set then just being an employee. Most employees can go in, do their job, and leave for the day. Running a business is like having a baby. You need to constantly do what is best to help the baby grow and protect it. Some people are not cut out to be parents. Just because you can have children doesn't always mean you should.

Having said that, I'll also state that there are a bazillion ways to make money online and not all of them require having the skills to manage a business. There is general employment to be had and for some that is a better direction. But they get stuck with that image in their head of sitting on the beach and the millions pouring into their bank account - and this is what keeps that definition of insanity alive.
- [ 3 ] Thanks
- 1 reply
Signature

"May I have ten thousand marbles, please?"
{{ DiscussionBoard.errors[5922297].message }}
- Richard Van 12 years ago
  
  Jill,
  
  I've been rowing across the great Atlantic Ocean for many months to have drinky poo's with you Jill, I'm still rowing, I'm starving and having to boil water with my own body heat.
  
  But I won't and simply can't consider giving up, even though the waves have meant I've travelled a mere 5 yards since we last spoke.
  
  I will persevere but I must stay in my little house until the coconuts fall.
  
  [ 2 ] Thanks
  
  1 reply
  
  Signature
  
  Wibble, bark, my old man's a mushroom etc...
  
  {{ DiscussionBoard.errors[5922363].message }}
  
  Jill Carpenter 12 years ago
  
  Originally Posted by Richard Van
  
  But I won't and simply can't consider giving up, even though the waves have meant I've travelled a mere 5 yards since we last spoke.
  
  Richard - this is a completely different situation. I'm not a business - I'm Jill.
  
  No one in there right mind would give up on me for anything. You are doing the right thing by not giving up.
  
  BTW, I'm on probably my 100th case of vodka at this point - but you can rest assured I'm not giving up on you either. I'll keep waiting and drinking as long as it takes. I know you are going to get here eventually.
  
  [ 1 ] Thanks
  
  Signature
  
  "May I have ten thousand marbles, please?"
  
  {{ DiscussionBoard.errors[5922400].message }}

Zeus66

12 years ago

I think the reality is that Fernando is right. The root of the problem is perceptual, I think. People come into this realm thinking it's all fun and games... you sit at your computer with no boss yelling and no co-workers and office politics and no being worn out doing manual labor, etc. It's really easy to let that vision get the best of you.

In reality, it's hard work to make it online. You may not have sore muscles at the end of the day (maybe your fingers), but you better have some serious self-discipline and self-esteem that can take a few hard hits. Cuz they're coming. Make no mistake about that.

It is not for everybody. But it is for a lot more people than not, in my opinion. The difference between making it and not is sometimes razor thin. A bit more focus. A bit more will power. A bit more willingness to see something through. Most people can do it if they really buckle down.

But it starts with a mindset change. That's the key. Stop believing the nonsense that riches await with hardly any work. Embrace the fact that this is hard and takes a lot of work. Then follow a proven path and do so with single-minded determination. You cannot fail if you do. Not in the long run.

John

[ 1 ] Thanks

{{ DiscussionBoard.errors[5923104].message }}

Rukshan

12 years ago

You are correct. Everyone thinks IM as the only working model. That's not true. Different people different skills.

Thanks

Signature

{{ DiscussionBoard.errors[5923544].message }}

Anonymous Affiliate

12 years ago

I agree with the original poster.

A few years ago I worked for a very successful businessman (multi-million level), and one of the things he taught me was:

In business (just like in war or even sentimental relationships), it's very important to promptly realize when you're fighting a lost battle so you can retreat ASAP. Not every project, business venture or even professional career path is meant to become a success, and the last thing you want to do is to burn your resources, personal efforts and motivation in an endevour that's just not meant to happen... Realize ASAP, retreat to the trenches, reconsider, and prepare yourself for your next venture.

The truth is that not everybody is cut out to run a business (which is what IM is), so there's nothing wrong in reconsider your options instead of banging your head endlessly against a wall for years.

[ 1 ] Thanks

{{ DiscussionBoard.errors[5924045].message }}

Ian McConnell

12 years ago

Most people need the years of making mistakes under their belt before they get it right. Those years of trying, making mistakes, buying all the shiny objects and being frustrated is how you gain the much needed experience to build a solid and sustainable business.

My mistakes have shaped exactly who I am now as an IM'er and I'm very happy for it.

You need to experience stuff to know where you need to go and to find out what fits with your personality... But never, ever give up.

Thanks

Signature

Yaro Starak Interviews Ian McConnell To Find Out How He Made $300,000 With A Simple Model Train Membership Site...

{{ DiscussionBoard.errors[5927698].message }}

fred67

12 years ago

I think you're missing the point here.
A lot of people 'dabble' online in the same way that people 'dabble' at art, poetry, quilt making etc, etc. It's a pretty interesting hobby for some and they particularly enjoy 'the chase' and the 'knowledge' they build up while chasing the elusive $$Dollar

If they hit the jackpot one day - GREAT!! but please don't put people down who love dabbling online and just 'Luuuuuurv' the Warrior Forum as this is THE Number One place to GET all the knowledge there is to get.

And Good Luck To ALL Of Us

Pete.

Thanks

Signature

Free E-book Library/Business Promotion Resources
http://fred67.com/library

{{ DiscussionBoard.errors[5927842].message }}

John Durham

12 years ago

Originally Posted by jamesrich1

Would you climb 3/4th of Mt Everest to give up? Nope because that would be INSANE...

Most every human being that is relatively healthy has EVERYTHING it takes to climb mount everest with dedication and perseverance...they are equipped, but that doesnt mean they "can" pull it out of themselves.

I couldnt bring myself to climb mount everest, unless my childs life depended on it...but Im physically equipped to...

What you are equipped to do and what you can pull out of yourself are two different things..

Thanks

{{ DiscussionBoard.errors[5928552].message }}

ExpertSEOServices

12 years ago

What an interesting thread. I agree with the less than $100 a year as you are doing something seriously wrong if that all you are making or you are focusing on the wrong thing.
Its all about creating the right balance of experimenting, working hard, investing and focusing. It takes commitment and drive and I think too many people expect to get rich quick.

[ 1 ] Thanks
1 reply

Signature

[SOLO AD] REVIEW PRICES - Buyer Lists Included - Quality Solos - LIMITED GOING FAST!!

{{ DiscussionBoard.errors[5929236].message }}

Fernando Veloso

12 years ago

Originally Posted by ExpertSEOServices

What an interesting thread. I agree with the less than $100 a year as you are doing something seriously wrong if that all you are making or you are focusing on the wrong thing.
Its all about creating the right balance of experimenting, working hard, investing and focusing. It takes commitment and drive and I think too many people expect to get rich quick.

Good description of what is needed:

Its all about creating the right balance of experimenting, working hard, investing and focusing.

This alone could be the starting point to a HUGE discussion. Thank for sharing

Thanks

Signature

People make good money selling to the rich. But the rich got rich selling to the masses.

{{ DiscussionBoard.errors[5929298].message }}

multiplefigureincome

12 years ago

It's a difficult one to call. A lot of people 'quit' just before they hit a rich vein of gold. Many are in this industry because they are just living a dream that maybe one day everything will fall into place and things will miraculously happen.

I used to be in the latter group but I have started 'taking massive action' and things are beginning to change... albeit slowly but change is taking place.

I wouldn't advise anyone to quit.. but I'd ask them to be honest with themselves and really question if this is something they really want to do and if this is something they are determined to succeed at.

Even then people can still deceive themselves. Only an individual truly knows deep down whether they can make it in IM.

Thanks

{{ DiscussionBoard.errors[5929259].message }}

trizzypballr

12 years ago

Ive been doing IM for about 4 months now, and have only earned about $40. Ive been struggling, but I keep trying to learn new things every day, and hopefully I get somewhere soon. Im working on learning amazon sites now, adsense sites havent treated me to well, im hoping I can do better with Amazon.

Thanks

{{ DiscussionBoard.errors[6040603].message }}

DanMurray

12 years ago

I agree that people need to keep their eyes open to the whole world and remember they don't HAVE TO carry on with IM if they're not being successful and are frustrated.

It took me well over a year before any big numbers started happening in my business so it's unwise to say people SHOULD quit or move on however i agree people shouldn't become inwardly focused and forget that other options do exist.

Thanks

{{ DiscussionBoard.errors[6040761].message }}

Green Moon

12 years ago

If someone has made less than $100 online in a year, then they need to try something else.

Something else does not necessarily mean giving up trying to make money online, although that may be the answer for some. It may mean changing their marketing, it may mean working harder, it may mean getting out of the area they are in and trying a different aspect of online activities.

But anyone who stays the course and hopes that what they are doing now will all of sudden gain favor and magically turn around is delusional.

Thanks

Signature

Find an Accountant | Tax Help

{{ DiscussionBoard.errors[6043919].message }}

AdwordsMogul

12 years ago

Reality check? Yes.

But the biggest point is (as has been pointed out) lack of focus, and wrong mindsets.

Most people try to "extract" money, rather than create value. They focus on the mechanics of marketing, instead of underlying fundamentals.

Once that border is crossed, people begin to make more money. It takes a long time to get out of the wrong mindset, predominantly because of social programming and the false belief in a "set and forget" business.

Thanks

Signature

"Those who can - DO IT. Those who can't, say it's impossible."
Jean Paul a.k.a AdwordsMogul
PHPDevelopers.net - Top of the range PHP developers

⇉ Easy Link Saver - Are you tired of the pain of constantly searching for your affiliate links? ( Chrome extension - FREE )

{{ DiscussionBoard.errors[6044696].message }}

WebPen

12 years ago

I also think that people get bored. They'll say they've been working online for a long time, but they never finished a project.

Or they spend a full year working on a project that was doomed to failure upfront

[ 1 ] Thanks

Signature

*Need help marketing your business?*

----Click Here to Join Me and Learn What Really Works!----

{{ DiscussionBoard.errors[6044722].message }}

AdwordsMogul

12 years ago

The other problem is with the "online" bit. Instead of treating the internet as another way to reach people, for some reason people restrict themselves by making it the ONLY way to reach prospects - that's really weird!

Thanks

Signature

"Those who can - DO IT. Those who can't, say it's impossible."
Jean Paul a.k.a AdwordsMogul
PHPDevelopers.net - Top of the range PHP developers

⇉ Easy Link Saver - Are you tired of the pain of constantly searching for your affiliate links? ( Chrome extension - FREE )

{{ DiscussionBoard.errors[6044871].message }}

Reality Check March 2012

Trending Topics

Been a while! Any of you Old Timers here?

How much does the rebranding affect CR ?

Clickbank low cost recurring

Boat and Jet Ski Rentals...... Door Hangers Effective?

Are billboards still effective in driving customers?