All This Whining About Lack Of Earnings... Wrong Focus, Maybe?

by Vadym
18 replies
Howdy all,

There's about a dozen of these thread a day, on any IM forum around. I'm not all that active here, and I STILL see one of these every time I visit.

"I'm not making enough money, wah."

"I've been in IM for 18 months and still haven't passed my 5K a month mark."

"What's your 100k plan next year, and how do I do it?"

Etc, etc.

Everyone is concentrating on the money. Which is what I think is the root of the entire problem.

Personally, I enjoy IM. I'd do it for free, and I love that I'm paid well to do it.

And I only started earning a full-time income AFTER I stopped concentrating so hard on the financial achievements, and began to concentrate on other less money-driven goals.

My first 10K niche list.

My first 500 BUYERS list.

An AUTOMATED link building software.


These were ALL goals of mine, and notice, NONE of them have anything to do directly with money. Sure, I know there's a huge market out there for this. I know that the money will come. There's no doubt there.

So alternative goals, not money-related, but achievement-related, are what's important.

But when the only thing that drives you is money, you've pretty much guaranteed to fail. Not a lot of people succeed on pure money drive, at all.
#earnings #focus #lack #whining #wrong
  • Profile picture of the author Kenster
    As soon as I started approaching this as a business and focused on delivering value, thats when the money came.

    As you mention, too many people focus on the money and then complain the results arent coming. Try focusing on delivering value, helping people out for eeeeek FREE and just doing because you want to. The money will come later but dont let it be the driver of your current decisions. Focus on value!

    sorry if i sound like a broken record here
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  • Profile picture of the author Steve Holmes
    boom, above post beat me to it. The key is to add value - end of story. People can see through these "programs" which is all about them getting an email or a sign up etc.

    All that needs to happen is to focus on how you can provide something people want and facilitate accordingly.
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    "Live like you'll die tomorrow, Learn like you'll live forever" - M. Ghandi
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  • Profile picture of the author MichaelHiles
    In case anyone is wondering (and I think a lot of newcomers do when they hear the term) "Add value" in the context of what we do, means "creating compelling, relevant, unique content of immense interest to my niche audience".

    This means slapping up some crap page with PLR crap content with no personality or nothing of interest doesn't cut it.

    Why should I care?

    Think about your own web usage and how you make buying decisions.

    Why would anyone else be any different?
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    • Profile picture of the author CDarklock
      Originally Posted by MichaelHiles View Post

      Why would anyone else be any different?
      But these aren't people, remember? They're numbers. If you send enough numbers through your web page, some of those numbers have money and buy stuff.

      Anyone who thinks that's how the internet works needs to read Nassim Taleb's The Black Swan.
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      "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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      • Profile picture of the author James English
        Originally Posted by CDarklock View Post

        But these aren't people, remember? They're numbers. If you send enough numbers through your web page, some of those numbers have money and buy stuff.

        Anyone who thinks that's how the internet works needs to read Nassim Taleb's The Black Swan.
        Haha sad but true. I've fallen into that mindset far too many times.

        Same questions get asked over and over, same answers are given over and over....if you wouldn't buy a product from yourself why should someone else.
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        HandRaise.co Performance Driven B2B Prospecting and Appointment Setting
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  • Profile picture of the author Bill Corners
    For serious IM'rs, this is a business and is more than just about making money, it's about the freedom from working a rat race job and being able to do what we really want with life.

    And so, giving customers more than what they're expecting is a surefire way to keep your business going and maintaining your freedom.

    The money will come naturally.
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    • Profile picture of the author ExRat
      Hi Michael,

      Think about your own web usage and how you make buying decisions.

      Why would anyone else be any different?
      Because they're not doing business online and haven't studied related subjects - they are primarily consumers.
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      Roger Davis

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      • Profile picture of the author Vadym
        Originally Posted by ExRat View Post

        Hi Michael,

        Because they're not doing business online and haven't studied related subjects - they are primarily consumers.
        Don't you take the HARDEST CASE of a consumer into account when selling to them?

        Victor Schwab's book "How To Write a Good Advertisement" hits it dead on, when he says that you should always be trying to sell to the most SKEPTIC consumer in the world. Writing up a dozen points to convince him, you'll convince flocks of others with each of those points individually.
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      • Profile picture of the author MichaelHiles
        Originally Posted by ExRat View Post

        Hi Michael,



        Because they're not doing business online and haven't studied related subjects - they are primarily consumers.

        I think that it's a mistake to assume... well really anything about the general masses for any significant length of time.

        As a whole, people do pick things up pretty quickly. Our entire world has radically changed in the past 10 years.

        Maybe my viewpoint is different because I don't troll in the emotionally charged driveby shooting advertising world of hawking low-end info-products on Clickbank that appeal to kids who want to know about curing acne or attention starved nerds living in thier mom's basement who want to know how to pick up chicks at a nightclub.

        I believe in building a very real, long-term relationship with my customers because my businesses aren't built around the digital rendition of a sideshow carnival barker, who hits people for the one-time kill on the ghetto-level, emotional quick bang.

        There's only so much room for a limited number of circuses, and once someone has seen one, they've seen them all. Not too many repeat customers for the bearded lady.
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        • Profile picture of the author butters
          Not to sound grumpy and all but can't we just sticky one of these threads so people understand they have to take action to earn money.
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  • Money follows value. That's it.
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  • Profile picture of the author sellingonline
    Well although that may be true, in some niches / to some customers it won't work - it comes down to testing. We found that, amazingly, in many cases very easy presentations work better - it highly depends on the audience, product and price-point too.

    But yes, as long as you provide value, you sell. And if you test and improve, you sell more

    (and if you do nothing, you sell? ..nothing)
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  • Profile picture of the author keerthana
    i agree that money has a value
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  • Profile picture of the author Liane Fitzpatrick
    I really don't have read any further...Vadym's post says it all.
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    • Profile picture of the author ExRat
      Hi Vadym,

      Originally Posted by ExRat
      Hi Michael,

      Because they're not doing business online and haven't studied related subjects - they are primarily consumers.
      Don't you take the HARDEST CASE of a consumer into account when selling to them?

      Victor Schwab's book "How To Write a Good Advertisement" hits it dead on, when he says that you should always be trying to sell to the most SKEPTIC consumer in the world. Writing up a dozen points to convince him, you'll convince flocks of others with each of those points individually.
      No I don't. There is more than one way to sell - although many (particularly in IM) assume that the method with the highest initial conversion rate is the best.

      The Schwab theory above is only focused on conversion. What about the part after conversion, where you need to deliver the goods in order to increase customer retention and build a long lasting relationship/reputation via customer satisfaction?

      If you target the most skeptical consumer in the world, you're going to have a particularly hard time retaining them. There's a strong argument for targeting the 'easily converted' instead - would the benefits of this outweigh the benefits of 'convincing those flocks'?

      It comes down to your approach - are you going to try and sell something that is hard to sell, perhaps because it doesn't really solve the problem?

      Or would you prefer to spend your time creating an exemplary product that requires less 'hard marketing'?

      Hi Michael,

      I think that it's a mistake to assume... well really anything about the general masses for any significant length of time.
      It's not an assumption. The default mindset setting for the majority of consumers is the consumer mindset. Most of the influence in the world is designed to condition them as such. Governments (owned and controlled by mass marketers) worldwide spend the majority of their time in this endeavour, and are succeeding.

      It's not just 'obvious mental influence' - they use every available resource - for example, there are a myriad of methods to actually physically impregnate peoples' bodies with certain substances that have the effect you desire - whether it be directly implanted, or via the atmosphere, or via food sources - and 1000s of other ways.

      The average consumer, when exposed to the theory behind mass marketing and persuasion has epiphanies where they can finally recognise the forces that had previously been surreptitiously acting upon them.

      By default, they don't understand all of the influences that are brought to bear upon them continually. If they did, they would never make a conscious decision to go out and purchase a television set for 'entertainment' via broadcast media. By default, they don't recognise the existence of the enemies of their mind.

      As a whole, people do pick things up pretty quickly. Our entire world has radically changed in the past 10 years.
      That's a pretty deep debate, beyond the scope of this discussion. Needless to say, I disagree to an extent, although I would cite the freedom of information available online as a positive radical change for the masses.

      Maybe my viewpoint is different because I don't troll in the emotionally charged driveby shooting advertising world of hawking low-end info-products on Clickbank that appeal to kids who want to know about curing acne or attention starved nerds living in thier mom's basement who want to know how to pick up chicks at a nightclub.
      Now who's making assumptions Michael? Besides, by being here, you're actually residing precisely in that arena. But like myself, you are proof that it's not all encompassing here, just in the majority.

      I believe in building a very real, long-term relationship with my customers because my businesses aren't built around the digital rendition of a sideshow carnival barker, who hits people for the one-time kill on the ghetto-level, emotional quick bang.

      There's only so much room for a limited number of circuses, and once someone has seen one, they've seen them all. Not too many repeat customers for the bearded lady.
      So it would appear that the crux of the misunderstanding here is that you are assuming that if one is to view marketers as having a different mindset to the consumer populace in general, then one must be looking down the nose at those consumers as it were - perhaps seeing them as a less intelligent lifeform.

      Look at my nickname Michael. My whole online ethos is rooted in being the guy who came from consumerism (rat race), fought his way out of it, BUT never forgets where he came from - or those who are still there. And I have about 7500 posts here alluding to that.

      Go back to the original post I made here and look at what I was actually responding to -

      Think about your own web usage and how you make buying decisions.

      Why would anyone else be any different?
      My web usage and my buying decisions are the exact opposite of the average consumer.

      Web usage - They see a website and the end product. I see someone's business. I'm looking to reverse-engineer.

      Buying decisions - they focus on WIIFM. I focus on recognising and avoiding hype and persuasion influencing my decisions. I expect it to be there. It's the first thing I recognise in order to avoid it and actually establish what's behind the marketing.

      I have studied marketing and persuasion. The average consumer hasn't. Our approaches are diametrically opposed. I think the masses need to study these things. There is no wealth as valuable as a free mind.
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      Roger Davis

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      • Profile picture of the author MichaelHiles
        Originally Posted by ExRat View Post

        ...There is no wealth as valuable as a free mind.
        Too bad you and I are separated by so many miles.

        I'd make it a regular event to buy you a beer at the pub.
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        • Profile picture of the author ExRat
          Hi Michael,

          Too bad you and I are separated by so many miles.

          I'd make it a regular event to buy you a beer at the pub.
          Cheers mate.

          I guess this emphasizes the benefits of the internet mentioned above - we probably would never have had this type of discussion otherwise. And others wouldn't be able to listen/join in. And I know for sure that my mind (and my self) would not be as free.
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          Roger Davis

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  • Profile picture of the author Chris Stigson
    Another interesting goal could be "I just want to stick to doing 3 articles per day for 30 days, if I make money or not, who cares... If I do great, if not, at least I learned how to write better and that I can stick to a simple goal"...

    The next goal would be to rank your site in Google, so that's a goal. Once I know that I can repeat it again and again etc

    Those are some of the ways I do it...

    - Chris
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