Havent Made a Cent in IM for Year now? Listen to Kenny Rogers Song, "You Gotta Know when to Fold em"

27 replies
I read the other day from a Member here who has been at this for over 3 years and still hadn't made a Profit. Not even a dollar.

Some people might argue that this is acceptable because in a typical Brick and Mortar business it can take a few years to get out of the red.

Only problem is Internet Marketing is NOT a Brick and Mortar Business.

There is NO overhead to speak of. No high Barrier for Entry. So essentially it's like comparing Apples to Oranges.

If you have not made some kind of Profit within a year ( I think it should be only a few months, but that's me) and you have really been consistently working at it and learning things..well then this probably is just NOT for you. ( there are exceptions )

Do yourself a favor and look for other areas in Life that might be better suited for you skills. Yes, god forbid that may mean working for someone else...Imagine that lol

Bottom Line : IM is not for everyone.

Sometimes you have to keep it real , and know when to fold em and learn to cut your Losses before they end up really burning you


- Robert Andrew
#cent #kenny #listen #made #rogers #song #year
  • Profile picture of the author MValmont
    I agree.

    And what's the #1 reason why people fail?

    They don't follow a proven system. They try to learn by themselves on forums for example...It just won't happen. A few years later these people have thousands of posts, make $0 online, and because they know a little bit of everything, they start giving advice to newbies. The problem is they are not making money...and therefore they don't know what they are talking about, and are teaching things that don't work.

    The step #1 is to find a proven system and find a good program on how to make it. Then the only thing you have to do is execute.
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    • Profile picture of the author Aisibor
      Originally Posted by MValmont View Post

      I agree.

      And what's the #1 reason why people fail?

      They don't follow a proven system. They try to learn by themselves on forums for example...It just won't happen. A few years later these people have thousands of posts, make $0 online, and because they know a little bit of everything, they start giving advice to newbies. The problem is they are not making money...and therefore they don't know what they are talking about, and are teaching things that don't work.

      The step #1 is to find a proven system and find a good program on how to make it. Then the only thing you have to do is execute.
      I agree!


      this person has either been in a wrong business model or has not put in the right amounts of effort required to make the business work. simple. For those who find themselves in a similar situation, my advise is this. Research an opportunity before you join. Resources are everywhere. YouTube, Google, Facebook. Avoid High Interest Yield Programs. Once you settle on a program, take time to study the business and understand the compensation plan. LEARN HOW TO DRIVE TRAFFIC (free & paid ) to your offers ideally via a sales funnel that includes a lead capture page. BUILD YOUR OWN EMAIL LISTS! WHY? If anything happens to the company you are promoting, you have your list to market to. I could go on and on but you get the point. Be consistent and cash will begin to flow
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  • Profile picture of the author Michael Meaney
    It's what happens when you jump from one thing to the next, throwing money at the latest 'must have' training.

    Lesson No1: Don't buy another system until you're making bank with the last one you bought.
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    • Profile picture of the author Edwin Torres
      Originally Posted by Michael Meaney View Post

      It's what happens when you jump from one thing to the next, throwing money at the latest 'must have' training.

      Lesson No1: Don't buy another system until you're making bank with the last one you bought.
      BOOM!

      I honestly think one of the most important things you can do is repetition. Find someone that has a business you want to model. Study all their training. Don't stop until you're proficient at it.

      I blame a lot of marketers for making it seem like making money online is easy and that you can get results by this weekend.

      It takes weeks (maybe even months) of focused work. Once your skills stack on top of the other then you'll start seeing results.

      That's the main thing I'm focusing on now. Focusing on what I know works and try to remove any distractions that come my way.
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  • Profile picture of the author talfighel
    Doing the same thing and expecting a different result is the key to FAILURE online.

    If you are not making money online and it has been already 3 years, you are doing something that it NOT working and you need to change it FAST.

    Try a different approach. Test a new angle and if you just don't give up, you will have a BREAKTHROUGH and you will find a way.
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  • Profile picture of the author Kay King
    Test a new angle and if you just don't give up, you will have a BREAKTHROUGH and you will find a way.
    ...or you will fail again

    You can follow proven methods and fail - you can try different things and fail - you can focus on one thing and fail.

    YOU have to figure out what will work with YOUR skills and interests and then YOU have to invest the time/effort/money to make your work profitable.

    There are no guarantees and no promises. However, if you've never held a job, don't know how to prioritize or organize tasks efficiently, are unwilling or unable to spend any money and have limited time....the chances of success are very slim.
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    Sometimes I just want someone to hug me and say...
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  • Profile picture of the author Steve B
    I agree with Kay, we all need to find our own path to profitability.

    Ten aspiring IMers can be trying the exact same system and some might be successful while all the others fail! Why the difference? All ten had the exact same blueprint to consult and follow.

    Every person is different. Each one brings a unique set of skills (or lack thereof), temperament, knowledge, abilities, patience, work ethic, ability to follow instructions, persistence, resources, etc to the table. Some find their way . . . others don't and give up. Some will get bored and bounce to something else.

    I often say "You are the business." In solo online business, the owner/operator is just as important as the system he/she is following (and maybe more so).

    Steve
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    • Profile picture of the author tcstix
      Originally Posted by Steve B View Post

      I agree with Kay, we all need to find our own path to profitability.

      Ten aspiring IMers can be trying the exact same system and some might be successful while all the others fail! Why the difference? All ten had the exact same blueprint to consult and follow.

      Every person is different. Each one brings a unique set of skills (or lack thereof), temperament, knowledge, abilities, patience, work ethic, ability to follow instructions, persistence, resources, etc to the table. Some find their way . . . others don't and give up. Some will get bored and bounce to something else.

      I often say "You are the business." In solo online business, the owner/operator is just as important as the system he/she is following (and maybe more so).

      Steve
      I agree with this.

      Personally, I can't bring myself to pump out garbage. It's really difficult using outsourced writers because they tend to not meet my standards so I end up doing a lot of writing myself. I used to be terrible at it and now I'm very good and I love it.

      I get emails every day saying "Your Membership is Accepted" or "Claim Your Money" and you go to a page with an opt-in form. That kind of garbage gives us all a bad name but it's much easier to stand out from the crowd - that's the benefit.

      I believe that the cream rises to the top. Put out quality content and the money will follow. When you think about the money first, you're sunk... you definitely won't make a penny online that way.
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  • Profile picture of the author danieldesai
    Originally Posted by discrat View Post

    If you have not made some kind of Profit within a year ( I think it should be only a few months, but that's me) and you have really been consistently working at it and learning things..well then this probably is just NOT for you. ( there are exceptions )

    On a similar vein, if you consistently refuse to do any actual work or learn actual marketing (as opposed to just buying every shiny new toy), you're just as badly off.

    I wonder which is worse though... consistently working at something and failing, or failure to work at all.

    At least with the latter, you know what's your main problem.

    In the former scenario, I would suggest that the person take some time off from IM and evaluate whether or not they're really willing to go down that road... business in general can be heartbreaking and isn't for everyone.

    Of course, there are exceptions as you mentioned, Robert.

    Daniel
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  • Profile picture of the author rainbo4nur
    I hear you, I spent a whole year not making a cent and just investing in new ideas/websites trying to get into CPA and affiliate marketing. The cost was no more than the domain price and hosting though.

    Then one day, I woke up to 3 conversions and since then I learnt how to scale my business and make $200/day easily. There is a lot of potential out there, give it all you got and put all your ideas into action.

    If you just have one idea or two implemented and you watch your monitor waiting for changes, then you will be probably wasting a lot of time. There are 1000000's of people making a living online.. As long as your IQ is above 70, I am sure you can too.
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    "If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success." James Cameron

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  • Profile picture of the author SiteNameSales
    There's an alternative to giving up and that's to diversify, One of the joys of internet marketing is that there are many ways to accumulate passive income and there are a lot of opportunities to set up and just spend a few hours a week tweaking and changing what needs to be changed, or backing off when the well runs dry or doesn't produce.

    After the initial phase of setting up your blog or landing page or preparing your ebook, you can stick with what works for you and abandon what does not.

    Having a list related to internet marketing can be beneficial, but its not absolutely necessary. The are many niches to experiment with, many courses and experienced guides to learn from.

    Want to prevent absolute failure? Don't put all your eggs in one basket.
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  • Profile picture of the author Kay King
    I don't get that advice - if you have not made ANY money - if nothing has worked for you....what IS there to 'diversify'?

    Multiple streams - eggs and baskets - etc - all sound good (if quite overused as examples) in theory.

    REALITY IS - before you create "multiple streams" you need to create that first trickle.....and if you have no eggs in your basket...why would you need more baskets?

    What Robert is saying makes sense. There are some who "work at IM" for years with nothing to show for it. Others earn a few bucks a month after hours of work. Knowing when to "walk away and when to run" is important, too.
    Signature
    Saving one dog will not change the world - but the world changes forever for that one dog
    ***
    Sometimes I just want someone to hug me and say...
    "It's going to be OK - here's a horse and two million dollars."
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  • Profile picture of the author Kay King
    Whoa with the promotion - isn't that backed by Vick Strizheus (four percent marketing group)? Scam artist extraordinaire? How much have YOU put in the BANK from this "real products" site?

    ... is working. It is disrupting the IM world.
    Really? Pretty good for a one month old site, isn't it?

    Domain Registration Date: 2016-06-29

    Sadly - this is exactly why people often fail - they believe everything they are told - don't do the research and are disappointed time and again.
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    Saving one dog will not change the world - but the world changes forever for that one dog
    ***
    Sometimes I just want someone to hug me and say...
    "It's going to be OK - here's a horse and two million dollars."
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  • Profile picture of the author ChrisBa
    Imo it might not be time to fold it up but it's at least time to change it up. Somethings gotta change.
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  • Profile picture of the author William Waltham
    If you haven't made even $1, you're not really trying. Even selling something on eBay or Craigslist can be considered making money online.

    It's making enough money to have a business online that takes work. And, that takes practice, learning, making mistakes, beginning again, and getting better with each try until you're excellent at something....just like with any other skill. It's something a lot of people looking to make money online aren't willing to do. The ones who are will be rewarded for their hard work, because they treat this as the business it is, and not just as a hobby.
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  • Profile picture of the author menatekero
    its a vast world and with so many things around ..people tend to be analysis paralysis all the time
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  • Profile picture of the author aizaku
    Originally Posted by discrat View Post

    Bottom Line : IM is not for everyone.
    Sometimes you have to keep it real , and know when to fold em and learn to cut your Losses before they end up really burning you - Robert Andrew
    I used to agree with you on this point....

    But... IM is just a means to an end... It's task is to market your content to as many eye balls as possible... as long as there is an audience to market to.

    Be it security guard training, candle stick wax molding or baby showers... if there is a niche you know about then why not make that run to passive income. IM will get you there.. you just gotta learn it..

    to your success,
    Ike Paz
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  • Profile picture of the author CityCowboy
    I'm gonna have to disagree with you, because you say that member has been trying for 3 years... but the fact is he may ONLY have spent about 2-3 months on working for this IM thing. Other times may have been spent just learning, reading, buying course after course after course and NOT really applying the knowledge they have learned!!

    Real problem is we don't really know what he was doing wrong, ,,,

    Probably he didn't have a website, or maybe he didn't spend any money on Advertising his online business. Or maybe he just Didn't really believe in ALL of this.

    In Short, NO Action=No Results.
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  • Profile picture of the author Junaid khawaja
    Hi Robert,

    That's a nice reality check.

    I liked Kay king approach. In fact, I have been following a guy name Sirini and he is doing some really cool podcasts called "Unmistakable creative".

    His podcasts all revolve around the fact that each one of us has his/her own creative instincts and only if we hit, practise and utilize those powers, we can achieve excellence and success. All the famous people realized their creative powers a.k.a unique talents and then worked on them. No one followed a blue print. Or a defined method.

    We just need to tap into OUR TALENTS.

    And maybe, IM is not one of them.

    Thanks for a great share. Cheers!
    Junaid
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    I am conducting 5 FREE copy consultations till New Year...Jump onto my bandwagon while you still can..

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  • Profile picture of the author lgibbon
    Banned
    What I'd like to know is why people spend so much time
    worrying about newbies failing?
    Surely they must have better things to do
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    • Profile picture of the author anayb
      Originally Posted by lgibbon View Post

      What I'd like to know is why people spend so much time
      worrying about newbies failing?
      Surely they must have better things to do
      Its because some seasoned marketers' junk systems/methods aren't working anymore, they are failing (I mean their incomes plummeted) just like newbies; hence, they're perhaps worried; people only care about themselves, not newbies.
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  • Profile picture of the author Mark Singletary
    Robert, I understand the point you are trying to make. But let me play both sides a little bit here.

    What if the thing that someone hadn't figured out to succeed at yet was weight loss? Would you say "screw it. You aren't designed to be fit. Quit and never look back?"

    What if it was in parenting?
    The kids aren't listening and are getting into all kinds of trouble. So just quit trying?

    What if it was marriage? It was never meant to be if after a little while there are problems still? Just cut and run? Nothing good or holy or worth fighting for anymore?

    Mark
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    • Profile picture of the author discrat
      Originally Posted by Mark Singletary View Post

      Robert, I understand the point you are trying to make. But let me play both sides a little bit here.

      What if the thing that someone hadn't figured out to succeed at yet was weight loss? Would you say "screw it. You aren't designed to be fit. Quit and never look back?"

      What if it was in parenting?
      The kids aren't listening and are getting into all kinds of trouble. So just quit trying?

      What if it was marriage? It was never meant to be if after a little while there are problems still? Just cut and run? Nothing good or holy or worth fighting for anymore?

      Mark
      Good point, Mark.

      Of course there is a HUGE difference in losing weight yourself and then trying to teach other people how to lose weight or being a good parent and then trying to teach parents how to be good parents and being persuasive enough to convince those parents that you are the one to listen to on how to be a good parent and then to actually pay you for it

      It is similar to Sports. Some of the greatest Coaches were not actual greatest players and vice versa. John Wooden, Mike Krwsyeski, Phil Jackson come to mind.

      Michael Jordan comes from the other Angle as being a great player but not the greatest Coach



      - Robert Andrew
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  • Profile picture of the author rick98media
    IMO Internet Marketing is not for everyone. It is extremely competitive and even if you are able to carve out a living for yourself, it is very very hard to maintain for the long run.

    But that's the beauty of it. The cream rises to the top and it is survival of the fittest which feeds my gambling rush addiction. You know, I wouldn't be surprised to hear that many Online Marketers are former gamblers. I know I sure was, but at least with business you actually have an edge as opposed to casino gambling.
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  • Profile picture of the author JohnMcCabe
    Couple of thoughts...

    There's a difference between making revenue and profit. While I hate to use mega-corporations as examples for newbies and one-man bands, Jeff Bezos went 4-5 years without Amazon showing a quarterly profit. But they were generating significant revenue that proved the idea had potential. Now, I recently read where Bezos just past passed Warren Buffet on the Forbes list.

    If someone truly has put consistent effort into IM for three years and has yet to generate a dollar of revenue, what can I say? The world needs dish washers and ditch diggers, too.

    Which leads to something others have already touched on.

    Does the person really have three years experience? Or do they have a month's experience repeated 36 times?

    Every time you jump from one thing to the next, especially if they are radically different, the meter goes back to zero. Yes, you may have some skills that transfer, but when you go from being an affiliate to publishing on Kindle to lead generation to selling handmade items to... Or when you jump from weight loss to dating advice to making money online to... You start over.

    So, if you really think you have what it takes but you're getting discouraged, watch this:

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  • Profile picture of the author dmgwriting
    Insanity is doing the same thing over and over and expecting different results. - Albert Einstein.

    I totally agree discrat. Although I can't say that I can relate to this particular person. Where there's a will, there's a way. And I am always determined to find a way!
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  • Profile picture of the author jilatkokcap
    my pity to those who still made zero ...lots of things u can do ...
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