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How To Make Money In This Economy

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Posted 18th November 2011 at 09:55 AM by plongmire

How To Make Money In This Economy

Back in 2008, when the economy hit the tank, I went from making a great paycheck, to selling door to door. I would do anything to put food on the table. I knew something needed to change, but I was not sure exactly how to change it.

The other thing I was fighting was that the economy was poor and no one was hiring or paying what they use to when times were good. So what are you to do…

A lot of people will just fold up the tents and go home.

During a recession, most business owners pull the reins on advertising budgets, fearful of what tomorrow might bring…

Those who remain fearful have forgotten what made them the success they are today.

They have forgotten that they have a God-given talent to overcome the incredible obstacles in their paths.

Some of the largest companies formed in the history of man owe their success to HOW they adapted to the economy during a recession. They reduced unnecessary expenses and focused completely on those things that made them the most money!

source: Examples of large, successful companies that launched during a recession include:
  • Burger King – Started during a recession in 1954.
  • FedEx (Federal Express) – Started during the 1973 recession, a recession that resulted from the 1973-1974 oil embargo.
  • GE (General Electric) – Started in 1876, by Thomas Edison during the Panic of 1873.
  • HP (Hewlett-Packard) – Founded in 1939 at the end of the Great Depression.
  • CNN – Started during the recession of 1980, at the tail-end of the Carter administration, when
  • the economy had been struggling for nearly a decade.
  • Hyatt Corporation – Opened its first hotel in 1957, during the Eisenhower recession (1957-1958).
  • IHOP – Also started during the Eisenhower recession.
  • LexisNexis – Launched as a computerized legal research service in 1973, during the 1973-74 oil embargo.
  • Microsoft – Started in 1975, during the recession created by the 1973 oil crisis.
  • MTV Networks – Launched during the economic slump of 1981.
  • Sports Illustrated – Was launched at the tail-end of the 1953-1954 recession.

The point is…that the recession can either paralyze you or inspire you. For me it did not matter if the world was coming to an end…my kids had to eat and I had to provide…period.

So I set out to build my own business. I wanted to generate wealth and change my future. I did not want to be capped by the amount of money that I could make…and I did not want someone else in charge of my future.

There are three things to making money online. And let me say this as an umbrella over these three things…that in order to make it, you need to HAVE to make it. Land on the shore and burn the boats, because this is do or die time.
  • You have to make money fast-My own product How To Make Your First Sale walks you through that.
  • You have to Rinse and Repeat-when you find something that works for you…you do it again and again. This is the place where you stop chasing money and you begin making money
  • You have to increase your buy buttons-there are a few things involved in this process, but the more buy buttons you have out on the internet, the more money you are going to make.

The other two that things that work in this environment and are probably key components, is the fact that you need a product that converts and you need as many eyes on that product that you can get.

I have a site that builds a list for you. It converts like crazy, and I make sales off it every day. I don’t make sales off my list, I make sales off the automation process built into the site. Now, what do you think I do. I promote that site like crazy.

How does this fit within the three things I said? It covers all of them.
  1. I make money fast because it converts
  2. I rinse and repeat.
  3. It gives me one more buy button

If you are serious about making money in this recession, then go and check out the product that I put together that shows you exactly what I did to start making money.

Hope that helps
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