Newbie starting out that has 10+ hours per day available

by sickonz 84 replies
Hey All,

Thanks for taking the time to read this.

I am just starting out in Internet Marketing. I have a pretty mad goal, but I want to attempt to make $1,000,000 USD by 31st December, 2017. Sounds crazy, but I have achieved highly in Sports and Other Areas before by placing obscene goals, and usually exceeding them.

Anyway..... Because Warrior Forum appears to be the best place to learn from, my question is:

Where would you get started if you were me. I have little money to invest, because I figured the best way was to learn the hard way and master all of the basics? Anyone care to throw some nuggets of knowledge my way?

Much Appreciated, Hope you are all doing awesome!
#main internet marketing discussion forum #day #hours #newbie #starting
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  • Profile picture of the author agmccall
    First get a reality check.

    There will be many on this thread that will encourage you and say it can be done, but most likely it will not. From reading your post you probably have a good month of reading and learning before you start implementing.

    Do you have a business model in mind? Have you started your niche research? and if you have, have you researched products to promote? Can you write, or will you have to outsource?

    I think your first step would be to set a realistic goal and the go from there

    al
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    If there are no stupid questions, then what kind of questions do stupid people ask? Do they get smart just in time to ask questions?~Scott Adams~
    • Profile picture of the author sickonz
      Thanks for Your Reply Al. I don't take it personally. many people said the same thing to me about playing football for New Zealand and playing poker online

      Anyhow, that is besides the point.

      This is what I am trying to figure out. I have made a list of all the methods of making revenue online, with the base premise of understanding that it is about solving problems, and fulfilling needs that customers/prospects have.

      Just say you were me. You wanted to do $1,000,000 in sales by the end of the year. What model would you use?

      Appreciate your time and reply.

      Cheers
  • Profile picture of the author Michael Martin
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    • Profile picture of the author sickonz
      Hey Martin, I really appreciate your reply.
      I've been reading for about a month, day and night about the whole internet marketing thing.

      Have run businesses in the past before, but am new to generating leads online. I don't think $1MM is un-achievable. It will come if I am able to solve problems for people, on a large scale.

      I have a couple of ideas for a niche. I have a bunch of products I want to put together for curing depression (Intangible products), and I have a logo and designs for a Clothing Line, which I have been told by a few Top Designers in New Zealand, that would be massive. These are just ideas at this point.

      I get that the money is in the list, but like life, I have read and understood that the "quality" of the list is just as important as it's size.

      What would you recommend as ways to quickly grow the list, say to 10,000 subs, so that i can then duplicate those methods, to get a list of say 100,000 within a short period.

      I understand you probably get alot of posts like this of people wanting to make obscene amounts. I suppose what sets me apart, is that I have succeeded in a variety of areas other than business before, and find that applying a strategy of:

      1.) Insane Hard Work
      2.) Focused Work on Area of Expertise
      3.) Modelling Successful Players in that Area
      4.) Never Giving Up

      Has worked for me in 95% of areas I have attempted to achieve in.

      Any further things you could help me with re: list building from scratch, would be awesome
  • Profile picture of the author Mark Singletary
    I'd suggest you go elsewhere to ask this question. I'm not trying to get rid of you but trying to help.

    99.9% of everyone that answers your post has not made this kind of money and/or has no real idea how to do something massive like a million in 6 months from scratch.

    So, it's a case of the blind leading the blind.

    Now, if you were to ask about $100-$1000 (or something reasonable) per month in 6 months, there are a lot of people that may can help you with that.

    Good luck.

    Mark
    • Profile picture of the author sickonz
      Hey Mark Thanks for your reply, and I am dead serious

      I appreciate your advice. As I am new to the forums, can you point me in the right direction for a better thread to ask this question in?

      Do you have any advice yourself, as the quality of your response gives me the innate impression you have done quite well in internet marketing, Am I correct?

      Can you answer me this....even as a newbie, am I correct that there is more money in product creation, than in product selling?

      Cheers again for your time
    • Profile picture of the author discrat
      Originally Posted by Mark Singletary View Post

      I'd suggest you go elsewhere to ask this question. I'm not trying to get rid of you but trying to help.

      99.9% of everyone that answers your post has not made this kind of money and/or has no real idea how to do something massive like a million in 6 months from scratch.
      Hey Mark, try 99.99999999999999993145 %
      Seriously, all of us have had these kind of fleeting preposterous dreams at one time or another in our lives ( I did when I was 25 )

      Now if you would have said by the time I'm 55 years old I would like to have accumalated in excess of $1mil. in Assets/Cash then people would take you more seriously

      My advice is to start out slow with your expectations and try to hit $1,000 a month consistently and then continue to build on that confidence


      - Robert Andrew
  • Profile picture of the author DIABL0
    Those just starting out in internet marketing often have expectations that far exceed their knowledge, experience, and bankroll. You would probably be better off to create goals that are realistic and you could potentially obtain and build on.

    With my pessimism out of the way. I can tell you what I've been doing for the last 16 years that works and why I do it.

    It is a bit of grind when you first start out, but it becomes easier and it's highly scalable.

    I've been monetizing 3rd party data (email) using PPL (pay per lead...lead generation) offers.

    If you're not familiar with 3rd party data, it's email data that the users have given permission to receive messages from third parties. You get the opt-in record for all users and it's 100% can-spam compliant.

    I either purchase the data or I get it through rev-share deals. Rev-share (revenue sharing) is data that you get for $0 upfront cost and you split the revenue generated from sending it, with the data provider.

    The data is targeted based on specific vertical (niche) that the users have shown an interest in or requested more information about. So everything starts with the data, in that, based on the vertical that you are getting data for, you then send a relevant offer.

    I mainly get data that is targeted to verticals for PPL offers. This is because lead generation offers do not require a credit card or for the user to purchase anything to complete an offer. All a user has to do is fill out a form, so conversion rates are typically much higher than offers that require a sale to be made.

    I favor offers that have a make, get or save money benefit to them. This is what has overall worked best for me and tends to have the greatest amount of mass appeal (will be of interest to a very large general audience). So the potential to generate high volume exists and they are fairly easy to cross promote on the back-end.

    The bulk of the offers that I promote pay $20-$40 per lead. I also promote offers that pay more and less, but the amount of the payout is not the key deciding factor. How well an offer converts can be just as important, if not more important. For example, you could have an offer that only pays $9. However, if it converts at 2X or better compared to a $20 offer, then it will perform about the same or possibly even better. You could also have an offer that pays $90, but if it converts poorly, it may not even be worth promoting it.

    Bottom line, it is far easier to get someone to fill out a short form than it is to get them to take out their credit card and make a purchase. So why struggle trying to make sales, when you can just provide free info that users want / need and get paid well doing it.

    Some of the verticals that I have done extremely well with are: insurance, education, debt, credit, mortgage, loans, assistance, discount offers, homeowner offers, etc...

    So for example, if I'm getting auto insurance data, I then send an auto insurance offer. If I'm getting education data, then I send an education offer, etc, etc... Then after a certain amount of time, I then cross promote the offers to fully monetize the data.

    Important note: 3rd party data will rarely be as responsive as a highly targeted opt-in list you build yourself. But it really doesn't matter. This is because you are getting the data much much cheaper and it is highly scalable compared to building your own list. The way that you make it work is to always be segmenting your opens / clickers - removing the unresponsive user. That way over time you are building smaller, but much more responsive lists. Essentially you are converting the data from quantity to quality.

    Basically, I monetize the data using PPL offers because they offer the path of least resistance to generating conversion and converting the data to cash producing assets.

    Obviously, there is far more to it, but done right it can be extremely profitable. Everyone that I know that is in the business and knows what they are doing, for the most part, does 6-7 figures. While that may sound like a huge range, much comes down to one's abilities to scale and to cost effectively build/manage the infrastructure needed to scale.

    However, it is no get-rich-scheme, as with any business it takes time and effort to build.

    Anyway, something to think about.
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    • Profile picture of the author sickonz
      Hey Brother Thanks for your detailed message So blessed to have you drop knowledge on me like that.

      This is not about get rich quick for me. I understand that monetary results come when significant value is created.

      Had to create a goal to challenge myself. I want to be one of the best in the world at this within 5 years. Ive sold in multiple industries offline, so I figure those skills will transfer well online.

      I know there is much to be learned, and again, I appreciate your insight.

      Out of the responses I have received so far, yours is the one I have gained the most from. Would you be okay with me asking you further questions, once I have looked a bit more into the methods that you have described?

      You are awesome. Cheers
    • Profile picture of the author robofx
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  • Profile picture of the author MValmont
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  • Profile picture of the author Kay King
    You don't have a 'goal' - you have a 'dream'.

    $1,000,000 in 8 months is $125k/month or $4049 per day....STARTING TODAY.

    Nothing wrong with aiming high - but if 'money for me fast' is the goal, it won't work.

    Now put the dreams away and decide (through research/learning/reading) - what IM method suits you, your talents/skills/interests/experience....and make yourself into an expert in THAT field. Of course you earn more selling your own products - but that's only after you know enough to create good products in your target market - and that's only after you identify your target market...and that....it's a process.

    Set high but realistic goals for online presence, sales, etc - buy ONLY what you need NOW to move forward - and don't get caught in the parade of shiny objects.
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    • Profile picture of the author imjourney
      it's possible (but everyone isn't cut out for that given the time frame) if you have prior industry knowledge and immense (yes, immense if you got to be a millionaire) technical knowledge, coding skills and management expertise; above all most folks who hang around here don't make that amount of money, so in the first place, WF isn't the best place to ask such a question.
    • Profile picture of the author DIABL0
      Originally Posted by Kay King View Post

      $1,000,000 in 8 months is $125/month or $4049 per day....STARTING TODAY.
      Plus that number is going to continue to compound as each day, week, month passes and you fail to generate the required income.

      It is more realistic to want to get to the point that you can make $1mm per year.

      Then figure out how to make like $100 per day and once achieved. Then figure out how to scale it and keep moving the goal post. $250, $500, $750, $1000, etc...

      Obviously, it's easier said than done.

      Also, once you get to like $1000 per day. It is really easy to become complacent because for almost anyone that is a very comfortable living. So it is a very common stall point.
      Signature
      Click ---> Proven Blueprint for Turning Cold Email into 6-7 Figure Business <--- Click

      Data | Mail Software | IPs | Consulting | List Mgmt / Profit Sharing -> PM or Skype
  • Profile picture of the author yacine snop
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  • Profile picture of the author Kay King
    it's possible (but everyone isn't cut out for that given the time frame) if you have prior industry knowledge and immense (yes, immense if you got to be a millionaire) technical knowledge, coding skills and management expertise; above all most folks who hang around here don't make that amount of money, so in the first place, WF isn't the best place to ask such a question.
    So - "maybe you can and maybe you can't - and others here don't know"

    I see at least 6 people in this thread that have been earning a living online for years - so where would YOU ask?
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    Saving one dog may not change the world - but forever changes the world of one dog.

    • Profile picture of the author imjourney
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    • Profile picture of the author Mark Singletary
      Originally Posted by Kay King View Post

      So - "maybe you can and maybe you can't - and others here don't know"

      I see at least 6 people in this thread that have been earning a living online for years - so where would YOU ask?
      Kay, I also said the same thing. Most people here really have no clue and haven't done a million in 6 months from nothing with limited funds - including me. I don't think the OP needs to go anywhere else, actually. I think they need to have realistic goals. The million isn't the problem. It's a million from scratch with no experience, no plan, no website, limited money and 6 months that is the problem.

      OP, one simple way is to just sell 1000 people a product/service for $1000 or 2000 people a $500 product/service. You haven't defined "make" so if you want that to be profit you'll have to sell more. What have you got to sell for $500 or $1000?

      Another question is what do you want to do? People don't come up with goals/dreams like this without knowing a little bit of how they want to accomplish it.

      Mark
    • Profile picture of the author imjourney
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  • Profile picture of the author oppyeaunome
    Originally Posted by sickonz View Post

    Hey All,

    Thanks for taking the time to read this.

    I am just starting out in Internet Marketing. I have a pretty mad goal, but I want to attempt to make $1,000,000 USD by 31st December, 2017. Sounds crazy, but I have achieved highly in Sports and Other Areas before by placing obscene goals, and usually exceeding them.

    Anyway..... Because Warrior Forum appears to be the best place to learn from, my question is:

    Where would you get started if you were me. I have little money to invest, because I figured the best way was to learn the hard way and master all of the basics? Anyone care to throw some nuggets of knowledge my way?

    Much Appreciated, Hope you are all doing awesome!
    Let me be totally honest with you right now this goal is not realistic and you are more likely not to hit this goal. You may not even hit it in 5 years the first reason is it's not realistic especially when you're just getting started.

    Start small and find a skill you can offer as a service just to get a feel for how to communicate and run a business. Once you learn the ropes you can begin building from there. Trust me I've seen many people who come into internet marketing thinking they are going to make a million dollars overnight. It just doesn't work that way.
    • Profile picture of the author ryanbiddulph
      Starting small and scaling up is the easiest way to see near and long term success. No millionaire I know of - personally or otherwise - entered the game with the sole goal of making millions fast. Don't happen that way The true millionaire mindset is to do it slowly, patiently and abundantly, focusing on following your passion and serving people, not trying to manipulate numbers to reach some money goal.

      Serve. Help. Have fun. Dive into your fears. Think short and long term. Make friends. All will unfold as it should. And you will see greater and greater success.
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      Ryan Biddulph, Blogger, Author, World Traveling Digital Nomad
      Retire to a Life of Island Hopping through Smart Blogging at Blogging From Paradise
  • Profile picture of the author Apratim Barua
    It is possible. There are many methods of earning revenue online like dropshipping, affiliate marketing etc... Learn them then find out which one will suit you best and then stick to it working hard every day at least 80 hours a week and you will be on your way to a million dollars.
    • Profile picture of the author Mark Singletary
      Originally Posted by Apratim Barua View Post

      It is possible. There are many methods of earning revenue online like dropshipping, affiliate marketing etc... Learn them then find out which one will suit you best and then stick to it working hard every day at least 80 hours a week and you will be on your way to a million dollars.
      Yet using the thing in your sig would take the OP almost 14 years to succeed if he could make $200 a day like your ad says. The OP needs to make more than $5,000 a day to reach the goal.

      Mark

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