How In The Hell To Make 100k in 2010?

My business plan is a pretty simple one...

Create niche sites that get a steady flow of traffic from Google and
other search engines. Monetize that traffic to provide a constant
stream of income on autopilot.

While my sites continue to make money, work on products in one of
my three 'main' niches. These are niches with high buyer volume, high
demand, and high competition. At least once every four months,
launch an info-product in one of those niches.

That's it. It's worked thus far - hopefully it will continue to work for
a long, long time. :-)

All the best,
Jesse Kemmerer

My advice to someone would be to stop jumping around from thing to thing and focus on one thing. You could make $100k a year from writing articles but most people don't want to sit and write articles all day, they want to jump on the next big thing. Pick one thing and get really good at it. Also, realize that whatever you do it's going to take a lot of hours, a lot of failures, and a lot of hard work despite everything you read about people raking in tons of money with little work

Make a really high quality digital product, gather lots of affiliates, make 100k. The big money is in having your own product that converts well, and getting lots of affiliates to promote it.

My plan would be to expand my membership website that I am running with my cousin. Make it bigger and gain more and more members. As well as to introduce new features and new membership options. This is my main source of income, I would also like to break into the website flipping game if possible.

I'm working on my own info product that will help guide newbies in starting their own online business. My focus is on making this a very high quality product that will help answer and solve many newbie's questions and problems.

I'm also going to sell PL rights as well.

Once my product is finished and launched, I will focus my attention on flipping websites. I'm doing that now and selling anywhere fro $97 to $147, but I want to start flipping in the $1000 range and above.

I think it's very doable since I will just be scaling up what I'm already doing.

I'm building 5-10 more continuity programs in 2010. Goal is to have all the traffic systems and customer support on auto-pilot. Currently, I have 1 continuity program doing $10k month in profit and launching another one in 2 weeks.

Also, I'm getting heavily into partnering with local vendors of varies types of services offering lead generation to them for a cut of the profit on the backend.

The continuity programs are my "bread n' butter" for 2010, but I'm sure that I'll be doing $100k/annual next year with some of the other side stuff I do, like PPC to CPA offers, adsense sites, etc...

Test different methods and work hard. Everyone says to focus on one thing and I say, yes do that for a month or so and if you have not had success you need to move on to something else or figure out what you're doing wrong and try again with the same method.

Also, your girlfriend is wrong! She needs to come to this forum and learn about it herself, is what she really should do. Making $100K and spending $75K to get it is not "making" $100K. That would be making $25K because when you talk about making money you can only talk about profit!

Hi Jeff,

Pony up the $37 and join the "War Room". Mr Allen Says, the forum founder, gives you a plan just for starters. Don't want to give away the secret (you have to join ) but basically what you do is write good, solid reports and give them away for FREE to build a list (really any niche, it does not matter). You then can monetize that list. If your list gets big enough, you'll be able to JV with others (whether in IM or other niches).

Another way is the sweat equity model. Start a service such as article writing, graphics, traffic generation (real mindless stuff like social bookmarking). You then just outsource it on oDesk, etc.

Join the War Room ASAP for more awesome ideas. You won't regret it!

Regards,
Dennis

My plan:

Build blogs in high profit niches.. promote them like crazy until they sit well in google and make regular sales. Make more and more... Promote more, make more, promote more. Wash, rinse, repeat.

Flip some sites that I don't have time to promote or aren't doing as well as others. Use extra cash for outsourcing.

Also create some products in somewhat untapped niches.

Sell my own IM ebooks explaining how I make money from the above and teach them to do it, too.

So!

If I got $4 back for every $3 I spent, I would be looking to spend $3 as many times and as fast as humanly possible!

I am afraid that you will not make $100k next year... you think you can copy Jack Canfield?

Just stick up a $1 bill with 5 more zeros on it and you will get the business idea while bathing?

I hate to say this, but "The Secret" is the most misleading documentary movie ever released in the history of mankind... why?

When you focus on something, it grows... but when you focus on money alone it does not grow. Some people get lucky and they say they achieved it by visualizing it.

Money is not real. It has no intrinsic value. You cannot focus on money and grow it.

You have to create value and build assets and long term wealth. Don't get caught up in the numbers.

The evolution in financial maturity goes like this:

1. "Get Money" mindset
2. "Earn Money" mindset
3. "Make money" mindset
4. "Create value, assets and long term wealth"

Most people do not come to the 4th level.

What do you think?

Create a niche site and get it earning $1000 and sell it for near $5000+

I don't agree with people saying to focus on one thing when online, i need a few projects on going to revolve doors as i get bored.

Work on the beer as the wine matures

My plan is to continue selling more stuff that out paces my expenses. That outta do it.

You have to make $274 a day profit for 365 days to earn $100,010.

What effort or combination of efforts can you do/create that will earn $274 a day?

28 Adsense sites earning $10 a day would do it.

It sounds so simple. I wonder why we are not all doing it.

lol good point bob, or even 3 sites making 3 $30 sales/day

My plan is to continue trying to build sites that even come close to one that has been very successful for me for 10 years. Even though I know exactly what and how the site became, and continues to be, successful, it has been extremely difficult to create new sites in different niches, or even in the same niche, that work nearly as well. Therefore, my plan for 2010 is keep trying. I know it can be done again because I've already done it once.

1. Ok, do some free methods to get a site making money.
2. Flip it for a few thousand or three to four months income. Rinse and repeat.
3. Now, use that money to outsource the free methods on the new sites you make, allowing you to make more sites making money faster and easier. Flip each site after a month or two.
4. Use some of the money you've made from flipping sites on paid traffic methods. PPC, CPV/PPV and Media Buys are all good bets.

Even just this simple formula could have you on your way to $100K sooner rather than later.

I'm gonna ask an ignorant question here...

what's an 'adsense site'?

I'll be using this plan in 2010.

Set a six month schedule for yourself from today, 1 December 2009, to launch day on 31 May 2010.

December

Starting today and going through the rest of December, research a B2B niche. Marketing, investments, real estate, forex, business consulting, what have you.

Really take every day of the whole month and find a niche that will pay 200 bucks for a solid info product. You don't have to spend all day doing this, but don't just spend a single hour on this and think you've done enough...take 15 minutes a day or more for one full month. Market research is the most important step in product creation.

Now come up with the idea for that product.

I would make a three DVD set. An hour each.

January

In January, outline your product and research it. Or, if you don't know enough about the subject to produce an outline, research it and then do your outline. Take the full month and get in-depth facts about your subject. Think about your findings. Make mental connections between the facts you dig up. Let what you find lead you into new ideas. Write all this stuff down.

Again, do some research every day. Don't spend 10 hours a day doing this...just a half hour or maybe an hour each day. Spreading it out over a month is good, since it gives your mind time to take in the info and make associations between ideas. Don't rush this step and don't short-change your end product by doing skimpy research.

February

February, start weaving all your notes and research material into an organized pile of information while continuing research...use your outline as your guide. At this time, start thinking about how you'll promote your product. Sketch out a marketing plan.

Also in February, join forums and participate with no aims at promoting yourself. You're there to provide value and establish a name for yourself without appearing self-promotional. Do the same with the big name blogs in your chosen niche.

March

In March, start writing a storyboard and script for your product. This example is about a DVD set, so figure out what each part will be about. Break it down into video chapters. Write a bit each day...make it good. Take time to produce a high quality, polished script. Keep in mind how the visuals will play out...that's why I mentioned a storyboard and not just a script.

Keep up the forum and blog participation through til the end of the six months.

Also in March, get a good domain name...try to name your product the same thing as your domain name. Get web hosting, set up Wordpress (or whatever you're familiar with), and install some kind of shopping cart system that will handle physical product orders and shipping.

Arrange for customer service, such as email support for questions about orders, as well as a system for returns and refunds. Get this stuff nailed down and functioning by the end of April so you don't have to worry about it on launch day.

Start writing (or pay someone to write) articles and point them to your new website...front page of that site should just be a form for collecting first and last names and email address. Include teaser copy about your upcoming product.

April

In April, shoot and edit your videos. Produce them for DVD publication and have 1000 packages made in advance. You'll need cover and disc art.

Make a few two minute trailers and distribute through the major video sites. Point to your site throughout each video.

Open up accounts on several major social media outlets and begin posting teaser info. Twitter, Facebook, etc...the usual suspects.

Keep posting to forums and blogs. Start pointing to your site, videos, Twitter, Facebook, etc by adding a signature. Just follow the etiquette and customs of each forum regarding self-promotion. (Don't pick forums that don't allow self-promotion.)

Backlink all the material you've published online so far.

May

For the final month in May, write up a sales letter. Keep the simple email form on the front page until launch day. Keep up the posting, social media, video teasers, etc...that will keep going even after launch day.

Test your order system a couple times before launch day to ensure smooth sailing. (And don't forget to double check your newly minted DVD packages. Crack open a couple for quality control purposes. Give these opened packages away as review copies or something.)

On launch day at the end of May, replace the email form on the front page with your sales letter.

Email your list and tell them you're open for business.

PPC

If you're handy with PPC, begin your campaign today. Of course, you'll want to have already hammered out the campaign and have it all ready to go on launch day. You can start your campaign earlier, but that part of the campaign will be for gathering email leads rather than for generating instant sales.

Affiliates

If you want affiliates to help you, plan for that as well. That adds a layer of complexity, so I've left it out of this plan. They will accelerate your sales, but they'll also siphon off some of your revenue. Since the goal is $100k in a year, you have from June to December to sell a bit over 500 units to get your 100 grand. (A bit over, since you have to cover the cost of the DVDs, customer service, and shipping if you're offering free shipping.) If you can sell your entire lot of 1000 (minus any review copies and returns), consider it a head start on 2011.

Will It Work For You?

And of course, I can't guarantee the above plan will work. It depends on picking a sellable topic, executing the plan well, and market forces. It involves upfront costs, you could lose money, not make any sales, get laughed at, have rotten tomatoes thrown at you. Just use your wits and see if that's something you think you could hammer at and make your own.

If you succeed, you could very well have your 100k by year's end. If you wildly succeed, is it possible you could have a $100,000 launch day? If so, you would have met your goal before the year's halfway point. If that happens, I would like to know what your girlfriend would have to say.

I am quite honestly going to try to do it by not even trying. I really believe that if I can help my list members be successful financially then it will happen for me either directly or indirectly.

I make the majority of my income from marketing offline businesses online. I charge and initial lump sum fee and then an ongoing service fee monthly. The monthly fees soon add up (average per client is about $700 per month + taxes) which adds some certainty to the income.

There are obvious advantages to this- local businesses are easy to rank in google quickly- so you can deliver awesome results for them fast, the average business owner doesn't know anything about online marketing so the value you add to them and their business is huge (and they are prepared to pay for it), most of the work can be outsourced. - I am sure you have heard all of this before...

There are some very real disadvatages though... Business owners not understanding internet marketing can be a pain- lots of hand holding and time spent explaining. Also they tend to like face to face meetings- this = time out of the office and when combined with the 'hand holding' can impact on the lifestyle. That is a big deal when you consider most internet marketers are doing it to start 'living the dream'.

It is good money though so for me it is worth it, however next year I am going to be focusing on some traditional IM to try and get a bit of balance back in the lifetyle area. This includes a "business in a box" product that I'll be launching very soon (very excited).

It is very easy to earn 100K with offline consulting (as in very likely you will - not saying it won't require hard work as it will). If you are interested you should check out Kyle Tully's stuff- he has a fantastic program for people wanting to do offline stuff but don't know where to start.

As for your girlfriend- all you can do is 'show her the money' and she'll jump on board :-)

Rhiannon

My question to you is why are you letting someone who knows nothing about running an online business(or any business I suspect) influence your position on internet marketing?

This is a defeatist mentality. I dont tolerate anyone making comments like this.

You need to surround yourself with ladders, not snakes.

There are many ways to reach that goal.

But to making $100K starts with making $10K. And making $10K starts with making your first buck.

It takes time, trial/error and perseverance to establish what works best for YOU, what sells, what's in demand, and what is both hot & in-demand you're good at selling.

Once you have those variables in place it gets a LOT easier.

Then it's really more about proper structure and leverage.

People are saying "just sell x amount of products at $xx...". Sure, I agree. After all it's just math. But what the reality is is that it doesn't go like that. Your front end costs, marketing, PPC, affiliate payouts, etc...

...it eats up a lot of your profit.

That's why the BACKEND, your autoresponders and working with (not just working) your list is key.

Not every market supports this.

So find ones that do.

And start sourcing/creating sequential offers that directly relate to your front-end products, offers and otherwise touchpoints. "The fortune is in the follow-up" - very true.

Someone said selling 3 copies of a $97 product per day will do the trick.

In reality, with refunds, costs, affiliate payouts, inconsistencies and the fade effect (aging), it would take more like 10 sales a day to consistently accomplish your goal.

And with one product at that price point over the course of a YEAR - that's not something I'd want to rely on. At least not solely.

But what happens when you have a backend process with, say, 2 higher-ticket items (one for $197 and one for $497), along with ongoing autoresponder followups that sell additional things continually...

All of a sudden your average client value goes from $97 (gross), to likely $300+ (profit). On average.

Now all you need is ONE sale per day.

And that's not including launches, broadcasts, etc.

THAT is how it's done.

Well, that's the most efficient way.

Affiliate marketing (conduit method, etc.) is another option, but there's less leverage. It's more of a market-finder process than a business-building one.

Just some thoughts...

-Chris