Develop Your Skills

by NilbogKing 13 replies
As all successful internet marketers on WF know, the more skills you have translates into more dollars. With each skill you learn, you will be able to bring in additional revenue. Let's look at how this plays out:

You have just created an incredible course showing at-home entrepreneurs how to balance their time. Here are some common fees you are going to incur in the process of selling your product:

Creating 3D eBook Cover: $15
Making custom images for your eBook: $100
Building professional website + hosting: $500 (minimum - eCommerce could cost more)
Marketing product: $1000

You are looking at between $1,500 to $2,000 to launch your product.

Expand your skill set! This is the best advice I can give to anyone in the Internet Marketing world. Don't pay anyone to do anything for you. Teach yourself how to do eBook Covers, graphic design, WordPress site building, & marketing for your product.

You will be glad you did! Also, while many internet marketers are attempting to find niche systems that generate wealth, there is even more money in partnering with the people looking to find these systems.

What does every internet marketer have in common?

THEY NEED A WEBSITE TO SELL/MARKET THEIR PRODUCTS

Many of them are not going to be interested in listening to the advice I have already given you. They are going to find someone to do their graphic design, website design, & marketing. By teaching yourself how to do all of those skills on your own website, you can now offer those skills to others at a premium.
#main internet marketing discussion forum #develop #skills
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  • Profile picture of the author ab1962
    Originally Posted by NilbogKing View Post

    As all successful internet marketers on WF know, the more skills you have translates into more dollars. With each skill you learn, you will be able to bring in additional revenue. Let's look at how this plays out:

    You have just created an incredible course showing at-home entrepreneurs how to balance their time. Here are some common fees you are going to incur in the process of selling your product:

    Creating 3D eBook Cover: $15
    Making custom images for your eBook: $100
    Building professional website + hosting: $500 (minimum - eCommerce could cost more)
    Marketing product: $1000

    You are looking at between $1,500 to $2,000 to launch your product.

    Expand your skill set! This is the best advice I can give to anyone in the Internet Marketing world. Don't pay anyone to do anything for you. Teach yourself how to do eBook Covers, graphic design, WordPress site building, & marketing for your product.

    You will be glad you did! Also, while many internet marketers are attempting to find niche systems that generate wealth, there is even more money in partnering with the people looking to find these systems.

    What does every internet marketer have in common?

    THEY NEED A WEBSITE TO SELL/MARKET THEIR PRODUCTS

    Many of them are not going to be interested in listening to the advice I have already given you. They are going to find someone to do their graphic design, website design, & marketing. By teaching yourself how to do all of those skills on your own website, you can now offer those skills to others at a premium.
    Hi NilbogKing

    Some very good advice you have given here and also great value you have added.

    Learning new skills will help one cut your costs tremendously.

    One should not expect to do this overnight though but learning a new skill every month can help a lot in building your business which in turn will not cost you an arm and a leg.
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  • Profile picture of the author SiteNameSales
    This is great advice for the aspiring freelancers among us and anyone who has a strong interest in becoming a master of every facet of online marketing and sales.

    But you should also keep in mind that $2,000 is pocket change for many while others, for a variety of reasons, have no great interest in tackling some of the more advanced aspects of online product or website development.

    You might be aware that one of the best selling points for many marketers is the "done for you" model where the only time you have to lift a finger is to email your favorite solo ad seller.

    There are 2 models here: For some, it's work, work, work. For others, it's spend, spend, spend. I would suspect that, at the end of the day, success requires some combination of both.
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  • Profile picture of the author Rhadoo7
    "By teaching yourself how to do all of those skills on your own website, you can now offer those skills to others at a premium."

    So this means that you will be doing graphics design and website design all day long, basically exchanging time for money. And then you won't be able to automate or to scale your business.

    All big leaders and entrepreneurs suggest to delegate and to hire people that are smarter and more experienced than you. So instead of spending 2 years to become really good at graphic design, you would just hire a designer that is already very good at this...and have the work done in a few days (instead of years).
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    • Profile picture of the author NilbogKing
      Yes this is true, but I think you may be underestimating the website design market. I can build an entire website from start to finish, including designing a logo & other graphics, in less than 2 hours. I can sell that website for $1,500 and then upsell SEO marketing to them for $500 - $1,000 per month. Only selling 1 site per week nets me more than most people internet marketers are making. You are way overselling what it takes to be a good graphic designer. Doesn't take two years. I can teach someone how to be a great graphic designer in about 2 hours.
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      • Profile picture of the author Rhadoo7
        Hmm...can you really make an awesome website in just 2 hours and sell that for $1,500?

        Well in this case, yes...what you just wrote makes more sense
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        • Profile picture of the author NilbogKing
          Yes easily. Of course, sometimes when your client doesn't provide you with text-based content it can add to the process. That's why I mostly write all of my own content for the sites I create. You will wait sometimes weeks for a client to create a simple about us paragraph.

          When a website designer learns a theme inside and out it is easy to quickly recreate sites. I use the same basic menu/page structure for all of the sites I create. I work with small businesses exclusively because they don't have a lot of red tape & can pay quickly.
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          • Profile picture of the author savidge4
            Originally Posted by NilbogKing View Post

            Yes easily. Of course, sometimes when your client doesn't provide you with text-based content it can add to the process. That's why I mostly write all of my own content for the sites I create. You will wait sometimes weeks for a client to create a simple about us paragraph.

            When a website designer learns a theme inside and out it is easy to quickly recreate sites. I use the same basic menu/page structure for all of the sites I create. I work with small businesses exclusively because they don't have a lot of red tape & can pay quickly.
            This right here.. this is THE GRIND at work. Fools exchange time for money.. those that GRIND out those hours on the front end, end up with a stream lined efficient process.

            Taken even a step further.. understanding the bottle necks in the process ( With web design - waiting for the client to produce text ) and side stepping that is allowing you as a service provider to plow through the work, at your pace, and not placing you in a hold pattern you have no control over.

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

        Only selling 1 site per week nets me more than most people internet marketers are making.
        I'd be interested to know why you are only selling 1 site per week if you can create sites in 2 hours and small businesses are anxious to pay you $1,500 for them plus a recurring $500-$1,000/month for SEO marketing?

        If you worked 8 hours a day for one month (160 hrs) you could crank out 80 sites netting you $120,000 plus recurring monthly income of another $40,000-$80,000 from your marketing service.

        Holy cow! That's one lucrative business model you've got going there ($1.9 Million/year)!


        Originally Posted by NilbogKing View Post

        I can teach someone how to be a great graphic designer in about 2 hours.
        Now I'm convinced you have no idea what a great graphic design looks like. I've been studying graphic design for many years and only consider myself to be a "hobbyist" trying to become a decent designer. You don't teach anyone to be great at any creative skill in 2 hours - writing, singing, artwork, sculpting, playing musical instruments and graphic design are never mastered in 2 hours. Sorry, but it's true.

        Steve
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  • Profile picture of the author NilbogKing
    This is a very good point. This is definitely a beginner tip. However, for those successful marketers to whom $2,000 is chump change, I would suggest most of them started small and this tip could have helped them in the beginning as well. At some point, a successful person's time is more valuable than the cost of business. Then outsourcing is by far a better method. But it takes a lot of steps to work to that level.
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  • Profile picture of the author ryanbiddulph
    Developing your skills is key NK; agreed on that.

    I'd add; to become a real expert in your niche, who gives all of their attention and energy to one thing, ya gotta pay skilled people to handle stuff that you don't have the time or energy to engage in.

    Example; I have zero design chops and even worse skills. Developing my bespoke theme from scratch would have taken me 6 months, and it would have been a crap job. But my web developer handled it, freeing my energies and sked to write 1000 plus guest posts.

    Lesson: develop skills in areas you are passionate about, then pay people to handle jobs you have no interest in, or that they trump ya in, skills-wise. This is the secret to scale, and even more important, the secret to the non fail, as far as struggling internet marketers are concerned.

    Ryan
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  • Profile picture of the author rafiqul94
    This is an ideal and great information for freelancer's...
    me myself highly recommended you..
    Great your work and great your info.
    God bless you
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  • Profile picture of the author Brent Stangel
    I can build an entire website from start to finish, including designing a logo & other graphics, in less than 2 hours.
    Complete bullshit.

    I've built a lot of sites over 10 years and I'm faster than most, so I know you are lying.

    You are not helping anyone by doling out false information.

    Brent
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  • Profile picture of the author rhealy29
    I agree with the OPs premise but I don't necessarily agree with the way he's presented it.

    Yes, doing it all yourself IS absolutely a good idea for beginners/early intermediate marketers. Why?

    For one thing, the more you learn how to do, the more opportunity you have in the future. If the product you're working on now turns out to be a flop, even if a single dollar of revenue isn't brought in, you still come away with something. The skills you learn might lead you to make different choices or pursue a different business model next time. More knowledge is never a bad thing. As you build and succeed, you can then make educated decisions on where to step back and start outsourcing, having seen the work firsthand while you did it yourself.

    Secondly, if you're starting out, bootstrapping is absolutely key. When money is scarce at the beginning, it doesn't make sense to spend money on things you can do yourself with a little bit of time, effort, and practice. Put that money somewhere it can be of better use, like an emergency fund so you don't starve in case the whole thing bombs.

    All that being said, the OP does himself and his point no favours by throwing out claims like he can easily build a website in 2 hours and sell it for $1500 dollars. Can you sell a website it took you two hours to make for $1500? Of course. But it isn't some easy task. How much time did it take you to find that client? Did you sell them prior to doing the work or after? How long did it take to negotiate that sweet deal?

    There is a massive amount of work that's being left out in the equation being presented of 2 hours = $1500. Again, it isn't impossible to sell a website that took two hours to make for $1500. You just have to consider everything else that goes into such a deal that does not only take two hours. Presenting it in the way it has been lacks credibility.

    Likewise, the claim someone can be taught to be a great graphic designer in 2 hours doesn't pass the smell test. Impossible. You can't even teach someone to be a semi-competent graphic designer in two hours. There is too much involved.
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