What Was Your Biggest Mistake In Internet marketing?

by 90 replies
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Mine was list building.

I am no millionaire, but I do very well for myself online.

I know 2 millionaires, one of which is my coach. He does nothing more than generate 600-700 leads per day.

Now you maybe thinking that is impossible, but it is not. But that is the main crux of his business....LEADS, LEADS, LEADS....

when i realized I was not seeing good income, i looked at how many leasd I was generating in a month? the number made me sad...in a 30 day period I saw my FRESH leads list was about 7.....yes 7-8 leads per month.

No wonder my business was failing.

Fast forward to today, and like I said I am in the 6 figure club and doing a few hundred fresh, targeted leads per day. THings are good, but they were not good, till i realized the SECRET [if there really is a secret] to making money online, is waking up, hustling, put out content, and building as many LEADS, into your business funnel as you can humanly manage in a 24 hour period.

Once I worked this out, things changed, and my life chaged.

Leads BABY!!! :-)
#main internet marketing discussion forum #biggest #internet #marketing #mistake
  • Same for me.. I haven't started building a list for a really long time. That, and actually waking up and hustling every single day. But mostly lead generation, that's key to any business.
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    • i failed really bad, until I learnt generated FRESH leads, and TARETED leads consistantly is key.

      This is when I would say my breakthroughs came and I basically hit the jackpot, so to speak.

      Now U do not have to do it every day, but you do have to be consistanst to wake up to sales in your inbox each day.

      You are right, yes.
  • Mine was PPC strategy and getting goal conversion from the campaign. It's very hard to perdict
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    • comes down to testing each keywords, and I hear tons of so called marketesr saying "use 1000 keywords" worst avice ever.

      use 2-3 keywords and group them. And test till your testicles hurt from sitting on them so long. LOL. this is the only way to do PPC, its real money so make use of it. More leads for less money and more targeted keywords can make you a forture fast. So that is key, but love your tips.
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  • I haven't the same thing like you.

    Although my landing page is convert well (20-30 a days ==> Yess I'm good at hustling) but my biggest mistake is running from business to business.....

    PS: This is 3 most important lessons I've learnt from Internet Marketing World. I think it may help you.
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    • Yes FOCUS On one busienss first, get that going to $5k per month then move to the next.

      too many times people try to set up 7 business at once, at the end of teh week, they have basically acheieved nothing.
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  • Mine was waiting until things were 'perfect'

    What I was actually doing was giving in to 'Analysis Paralysis'

    There will always be risks

    No amount of data 'completion' will make risks go away

    REAL entrepreneurs take calculated risks
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    • Like your word "waiting until things were perfect"

      There are nothing perfect in life. We also move to Internet Marketing World to take risk so what is REAL perfect in this kind of business.
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    • i like that you said calculated ones
  • Whoa, 600 leads per day, that's epic .
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    • plus they are high quality too.

      I know somone doing 500 leads a day, but they are crap and low quality and will not convert. So there is a big different,

      but if you are a hustler and can even get 100 leads a day, that is life changing stuff. Trust me.
  • Tell us more Celente! Are they paid leads or au naturale? Facebook? Instagram? Solo Ads? Forums?

    My biggest mistake is my fear to make a mistakes.
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    • at times i felt like being born was my biggest mistake.

      Living in a car, with make you sharpen your chit up real fast. LOL.

      yes PAid leads now, on PPV, PPC and banners. These are a must if you want high quality mate. Forums that are heavily populated can get you high quality and sales very fast.

      got $1000 sale today from a simple banner ad, and hopping on the phone to say HI.
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  • Solely concentrating on building Adsense in the beginning
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  • Messing up with a list and loosing a list. It has happened several times to me, but never again.LOL.. List building is easy and how I make all my money. Managing the list, and not getting in trouble with Aweber ,and the like, is a whole other matter. Be careful and respect your list.
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    • What do you guys mean about building a list and having leads? I have 5 blogs and am averaging around $5,000-$10,000 a month mainly through sponsored articles and CPM ads. I am trying to take this to the next level.

      Can you please clarify what you mean about list building and leads? Thank so much...
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    • yes a list is your best asset, but Ido not worry i had a list of 10k i messed up in the start from spamming affiliate links.

      These days its about 75% content and value, and then spam them 25%. I find this mix is good. Yes you will get unsubscriber....but i care not....im a marketer and this is my dugout, we just give and help, and the universe will help and bring the rest.
  • Prepare to be bored.

    It was the '90s and I was 19 and living in London. My friend and I were walking to university and just shooting the sheet. The friend in question was a terribly clever chap who was telling me about domain name investments. I'd not long since received a fairly decent inheritance and he was suggesting I use some of it to buy domains. As he was talking, I was (sort of) listening and (no sort of about it) giving investment some serious consideration. Just not domain investment.

    I had a strategy, you see. What you might call a pretty solid investment plan. This, roughly speaking, is what was going through my mind as my friend continued his erudite monoglogue: "Ruth is hot. I mean, you know, really hot. If she was a president, she'd be Babrham Lincoln. SHHHWIIING. Wait. I know. What if I go to Planet Hollywood, get one of those cool leather flight jackets, and then offer to take Ruth out on a date? Plan? Good one? No. GREAT ONE. Movie, food, alcohol, naughty stuff. Now that's an investment, good Sir."

    Well, because I was such a useless git with the ladies, I never did ask Ruth out (got the flight jacket, though), despite her doing literally everything to tell me she wanted a date, including bringing her friends over to come see this curious young man she'd found on campus, and (far more painful) it was years upon years until I followed through and took my friend's advice about domains. It pains me to this day. Had I listened, I might have made millions off a few simple investments. Now that - is pain.

    Moral of the story? Always listen to clever people, always ask out the Babraham Lincolns.

    - Tom
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    • So is your friend a millionaire now? Now that is painful.
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    • Haha,You are silver spoon baby,that was why you didn't have a strong movitation of making money at that time,Are you still holding the " fairly decent inheritance"?
    • bro great post...thanks.

      I laughed at tim ferris who said BITCOIN was crazy good. That was went bitcoin was at like $70.... i thought he was nuts.

      Even emailed him and he replied personally, was not rude and very helpful.

      Fast forward, he is making millions and was spot on....... and That was like $900,000 i lost, or potential from not listening to someone already successful. Silly me.

      We all have those stories, but its key, if you listen to a smart person, take them seriously....and always be coachable. Tim Ferris, has has 1 or 2 bad calls, but his a milliaore for a reason.

      Great post tom. thanks for you story.
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  • This might sound silly, but it had a big impact. I am a freak for new WP themes, so I tend to change the themes every now and then. Little did I realize that the home page and stuff also gets thrown around which affects on-page SEO.

    So it was like doing a Wp makeover only to get hit by a slump in rankings. Since then stuck to one theme, which helps to maintain the rankings and also preserve all the work done previously.
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    • wow, great stuff, congrats.

      Its key again that that EFF word is key LOL = FOCUS.... FOCUS ...FOCUS
    • Thanks for this advice.
      I'm doing it with my blog right now
      And I didn't realise it. So thanks for sharing!
  • So far my bigest mistake was affalite markting
    after I saw that I have did everything in the wrong way,
    I went and start on building a list and from there everything
    is history.
    But It wasn't entirely mistake because it taught me alot.
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    • i was the internest worse failure until I started list building.

      Its like magic..... actaully magic is BS, but building a large list of leads is probably better than any magic trick I have seen. :-D #DavidCopperfieldStuff
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  • Maybe you already have a well-established business and high quality clients,you want to focuse on serving well of your existing clients...so you don't have insensitive to develop new leads.I don't know the feature of your business,In fact I saw a lot of local business owners developed their business through word of mouth from your existing satisfied clients,Word of mouth is very powerful,they transfer their trust to their friends...
  • Hi there, thanks for sharing your experience.
    I recently discovered leads, and collected 20 leads a day with giving away a free e-book. But i do not understand how i should use the leads after I've collected them. How do you get customers interested? Should i send them a e-mail about a certain product?

    Thanks!
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    • no do not plug them, , keep adding value and helping them. Eventaully you will want to plug them or send an email with VALUE and tie that VALUE added email into an affiliate link, and or affilaite product.

      That is how I am doing it, and its better then SECKS. LOL>
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  • I trusted a digital marketing agency that reported daily that we are making a good progress. End of the month, there were just two subscriptions...
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    • Huh?

      What was the deal, to deliver LEADS only at the end of the month ???

      What 'progress' were you expecting, 'fresh leads' in ONE PACK at the end of the month, is NOT viable measurable 'progress' even though there was a thousands it's doubtful method. Don't you think?
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  • List building was a HUGE mistake for me too. Or lack thereof

    Also, being in IM mainly for the money. For years I did dumb, fear-based stuff that killed my blog. I barely even had a business.

    When I did list build and made it a prime focus and when I had more fun with my blog - and thought less about money - the money and success flowed my way.
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    • nice bro, very wrapped for you and congrats.

      This is again proof, if you build lists, and leasd each day you will get results.

      having a $1000 day is like walking around town with a VIAGRA milkshake. BOOM!!! HAHA LOL
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  • Amen to that! We hear the advice for years before we take it serious! lol....Take away my product, my websites, whatever you want, but DON'T TAKE AWAY MY LIST!
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    • wow can I pin this post....So so true. its like having an ASSET for life. until they either die or unsubscribe.

      Sounds blunt, but its not, im just talking from a marketing stand point.

      Its like standing on stage with tony robbins and at the click of a button, sending a direct message to everyone out in the audience. How cool would that be.

      Its very powerful and been working since the 1600's even when the internet was not born.
    • I wished I'd learnt the list building skills years ago.
      Now it seems these days everybody and their family are trying to build a list, 'trying' being the operative word.
      From what I read, list building today doesn't appear to be newbie friendly (that's if it ever was) especially if he or she doesn't have any kind of prior knowledge.
      What with copywriting, building squeeze pages, initially choosing a product to promote, setting up funnels, autoresponders, etc etc, you have to master many skills to do it correctly and patience.
      Oh and lets not forget having a decent amount of green backs to start with and carry on with. I would say it would be great if you've got spare money to be coached having someone that can mentor you.
      That's just my personal 2-cents worth as I'm sure all this would feel quite easy for some.
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  • My biggest mistake was not learning about it quickly enough.
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  • just trying too hard, trying to force everything instead of letting it flow and come to me, and listening to the advice "in the beginning you don't advertise"

    that held me back tremendously
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    • focus be patience and never let doubt enter you mind.

      YOU ARE, and WILL Be.... but it will take time. You are young, so just be patient.

      This is the best advice I can give.
  • Hi Celente,
    I am sorry to ask stupid question: What's is LEADS. I am newbies on this field, so I have not familiar with some terms.
    Thank you.
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    • do a search, but in laymens terms, is someone who is interested in your product, who should be on your email list. THey then become a lead, for life or until they subscribe.

      I have over 300,000 leads, in 4 niches, but i treat them like I talking to my best and favourite cousin. Give value first, and then offer them stuff to buy. It works very well. That is my formula.
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    • lead is a person who gave you his/her contact info for your further info.3 conditions are essencial:
      1>the person is interested in your stuff
      2>the person has a buypower,or buy ability(has moeny and willing to pay)
      3>you have ability to provide value,solution to him
  • I gathered some leads for my business and send them all an email about my product daily so in this way i can not get any sale and also lost my online trust.
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  • Me too, i don't know how to building a list, cost is always > $0.2
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  • Leads are the oxygen for a business, as much leads as you have, that much sales you will generate - simple calculation.
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    • agreed, and even more powerful if you are getting high quality leads, meaning you get them from places where leads are already warmed up or looking for you offer, then you already win....no more 9 to 5 for you.

      when you set you feet on the floor as a marketer in the morning you must always be thinking MORE LEADS, LEADS, LEADS.
  • Totally right, it's list building and its hustle, content creation, promote content, content uprades and build your list - create your own products and build your list all over again.
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    • Yes, EVEN MY example here CRAPPY TAKE CHARGE WEEBLY BLOG HERE, you can see just 1 idea i use.

      Its just an example.

      Content, is key which builds the relationship first.

      The more content teh better, we cannot just SELL all the time, we must build the relations first.
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  • When I first started I did not know what an FBA business was or that I could easily sell my inventory on Amazon. If I could go back in time to when I first started to work online I would set up my FBA business on day one.
  • Mine was not starting sooner
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    • yes, mine not taking action, just reading and never acting on that reading of information.
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  • I subcontracted my hosting for my website. The guy saw it as a cash cow, played around with it until the site went down. Biggest mistake of my life.
  • Not focusing on list building and putting it on the backburner.
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    • 3 thing i learnt, you are right.

      MONEY is in the LIST

      but NO. the MONEY is in the RELATIONSHIP you have with that LIST.

      But 3rd and final.....A List of BUYERS, will give me an errection till the age of 90..... no viagra needed.

      A list of BUYERS in your database, aw, autoresponder, is better than SEX and better than an atm on the corner spitting out cash. :-) LOL .... I know I am being jovial but it really is true. Once you work this out, you will never have to work a 9 er to 5er ever again. Yippeeee!


      Thanks for you post.
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  • Mine was starting it but not actually finishing anything! It takes me a lot of time to really get the job done. Since I realized the problem, I make a list of to-dos every day and I make sure that I complete each task before the day ends.
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  • What Was My Biggest Mistake In Internet marketing!!!!!

    not making my own product now i have it to make the money all day every day yes
    he he
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    • these days that is so TRUE< so loved what you added.

      Push more content, and Push more Value, and then turn them into products.

      I have made some handsome profits that way, but overtime I have done lots of affiliate offers too, so selling peoples products for over 50% commisions is the really cool way.

      I learnt from a senior warrior in here, who was spending $2000 per day on traffic, but doing something like $6,0000 USD per day profit. With someone elses product.

      When you see his funnel it would make anyone cringe. LOL. I am a pissy little ant compared to that warrior. LOL. Will not mention his name, because most well read warriors would already know. :-) lol
  • 2. Be a Freelance Blogger

    Niche: Freelance blogging

    Amount per post: $50

    Payment Method: Paypal

    Payment info confirmed on website: Yes
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  • Mine was two-fold, which combined took me prisoner for too long...

    1) Not knowing what to do - i.e. too many things caught my attention and I was chasing every shiny thing that crossed my plate, and

    2) Not knowing how to write/sell

    Eventually I caught up with first point and saw email list is the bottom line for almost 99% of IM success. Once I realized I need to focus on email list, the second one became a huge problem for me -- not knowing what and how to write to my list. So I let my first few list get cold solely from fear they would opt-out if I didn't give them something free all the time...

    Oh boy how wrong I was...

    Then -- I did NOTHING! Yes, months and years went by with nothing to show for my efforts -- until I got bitten by Settle and similar bugs... Then when I got home one Friday night, drunk from partying, I sat down, wrote a quick email and send it to my list.

    Next morning, when I saw what I wrote AND sent... I started panicking...

    Until I started getting email replies -- both positive and negative. Then I knew I was onto something... (although it took me few more "such" Friday nights, but eventually I got to the point where I can write profitable...

    So yeah, bottom line from my story is a) keep building lists and b) learn how to sell -- regardless of the medium... (personally I like Halbert and other "old fart" stuff, but that's just me...)
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  • My biggest mistake? waiting and waiting and dont take any action
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  • Mine is falling prey to the shiny object syndrome. I get distracted by new methods that promise fast results. The real way to success is picking a strategy and working it consistently. And as others have said, by hustling.
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  • Mine was social networking follower building..
  • Hello, Ramteerth here!
    I need your help.
    I have written a book and it is in pdf format. I just want to give it as a free to collect emails for Affiliate marketing.
    Still I have not purchased domain name.
    I have opened the account in JVZoo.com with Getresponse.com
    I have connected my India local bank account to Paypal.
    Now I need your help.
    What is the next step to start.
    Is anyone to help me?
    Love
    Ramteerth
  • Mine its because i dont work only on youtube .You see youtube its competitive these days but i am from 5 years on IM and if i was working only with you youtube i think i was had like 100 000 videos easy and that means passive income .I think with this amount i was had easy 50$ per day on autopilot
  • I guess I didnt made any mistake yet as i didnt made any money nor listen to smart people but curiosity kills ambitions, its right to say FOCUS, FOCUS and FOCUS...yourself correctly. I am trying to work on something new but as new internet marketer, learning more other mistakes. As newbie what should i focus to develop my leads and money online!
  • i think I already posted, but forgot to add...

    NOT building a LIST faster.

    This is key if you want to do well online. Have an audience to sell too.

    If you do not have an audience, there are ways to rent others....which I will touch on later.
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    • Banned
      Great and missed point as well.....building list is important
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