My biggest problem now is money!

38 replies
I wish I had money. It would really make things much easier.

For instance, I could mass submit articles rather than post 1 by 1 increasing productivity greatly.

I could also mass submit to book marking sites.

I could place solos and other adverts.

Money will actually fasten things up you know.

I am however optimistic that some money will come in soon.

Who else agrees with me?
#biggest #money #problem
  • Profile picture of the author grandstar
    I wanted to join a tweeting system that would explode my followers. Had to forgo it-why? You guessed right-money.

    To get the best from online marketing, even to buy a WSO, you need cash.

    To join the war room, you need cash!

    To buy a ............................... you need cash!
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  • Profile picture of the author CMCarlin
    Patience is key. If you don't have money now that is fine. Work the system and money should come in (that's the goal anyway, right?). Use all income to put right back into the business. This way the business will naturally grow and scale.
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  • Profile picture of the author hotftuna
    I agree.

    The best thing about making a ton of money is not lacking money. Sounds silly but those who have made it know what I mean. 2009 was rough and I hope to get back to that point.
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  • Profile picture of the author Ron Hitson
    It does not take cash to do keyword research.

    It does not take cash to build a backlink

    It does not take cash to build a Hubpage

    It does not take cash to write and submit a article, press release........etc....

    It does not take cash to join an affiliate program......

    It does not take cash to ping all of my sites/articles......

    It does help speed up the process BUT until you make cash, you can get in "the game" and play.



    Ron
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    "Perseverance is a great element of success. If you only knock long enough and loud enough at the gate, you are sure to wake up somebody"
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    • Profile picture of the author grandstar
      Originally Posted by Ron Hitson View Post

      It does not take cash to do keyword research.

      It does not take cash to build a backlink

      It does not take cash to build a Hubpage

      It does not take cash to write and submit a article, press release........etc....

      It does not take cash to join an affiliate program......

      It does not take cash to ping all of my sites/articles......

      It does help speed up the process BUT until you make cash, you can get in "the game" and play.



      Ron
      Alright, I'll stop the whining. Whats a good free press release site?
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      • Profile picture of the author Ron Hitson
        Originally Posted by grandstar View Post

        Alright, I'll stop the whining. Whats a good free press release site?

        Easy.........


        Google

        "free press release websites"
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        "Perseverance is a great element of success. If you only knock long enough and loud enough at the gate, you are sure to wake up somebody"
        -Henry Wadsworth Longfellow
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    • Profile picture of the author discrat
      Originally Posted by Ron Hitson View Post

      It does not take cash to do keyword research.

      It does not take cash to build a backlink

      It does not take cash to build a Hubpage

      It does not take cash to write and submit a article, press release........etc....

      It does not take cash to join an affiliate program......

      It does not take cash to ping all of my sites/articles......

      It does help speed up the process BUT until you make cash, you can get in "the game" and play.



      Ron
      Yes and I will Add it doesn't take money to start some free Blogger Blogs and slap on some Adsense and pull in a few Bucks that way after doing some Backlinking !!
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  • Profile picture of the author grandstar
    Thats partly my plan but the truth is that I have found out that for me to earn the income to generate money, I might need to make a small investment.
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    • Profile picture of the author Ron Hitson
      Originally Posted by grandstar View Post

      Thats partly my plan but the truth is that I have found out that for me to earn the income to generate money, I might need to make a small investment.

      Small is reasonable.............for things like a domain name and hosting,etc.....

      that's completely realistic. But you don't need to spend hundreds to get started.
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      "Perseverance is a great element of success. If you only knock long enough and loud enough at the gate, you are sure to wake up somebody"
      -Henry Wadsworth Longfellow
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  • Profile picture of the author GeorgR.
    Originally Posted by grandstar View Post

    Who else agrees with me?
    I don't!

    Honestly, i think you're just looking for a reason why your IM wont work...respective create an "artificial brain blockade" telling yourself that you need money to make money/be success in IM.

    I wont deny that money "helps" in a sense that eg. you can outsource and increase your work - but 98% of all things do NOT require money. It is all there, right in front of your eyes on the net.

    Especially article marketing is one of those things...starting with signing up on CB, or CPA programs or EZA....writing articles, keyword research...COSTS NOT ONE PENNY.

    You have the wrong approach - instead of the desire to make money (even from "nothing")...you focus on something which is not of importance at all, on my opinion.
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  • Profile picture of the author Sara Young
    I don't think your biggest problem is that you don't have money.

    I think your biggest problem is that you don't have a system that you can follow and duplicate to make you that money. Such a system does not necessarily require you to have money (as Ron pointed out) in the first place, and if you look around this forum - you will find several such systems.

    Of course it's better to have money to spend on software, tools, and wso's, but you can do ok without it.

    Of course, once money starts coming in - don't spend it all. Re-invest some of it carefully to improve your system that you have developed.

    Just my 2 cents :-)
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  • Profile picture of the author Stephen Root
    Just get it done. If you don't know how to do it, search for it, it's pretty much 100% sure you'll find some forum or blog post about it and how to do it.

    If you are not ready to learn how to do new stuff, you can quit and go to work for somebody else. That's how it works. Those who are not willing to put time to develop themselves, they will feel better when working for somebody else.

    You have to be the best, there's no alternative. If you are not going to be the best, don't even start.
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    • Profile picture of the author GeorgR.
      For instance, I could mass submit articles rather than post 1 by 1 increasing productivity greatly.
      and no, you don't "need" to, at all. Even if i am positive that a simple Google search would yield a zillion of free ways to mass-distribute articles.

      The "worst" which can happen is that you "limit" yourself and only submit to EZA and maybe GA/AB...and then from your first earning you get that article submitter software/subscription if you really THINK you need it and if you really think you need to submit to a zillion of directories. (Which i strongly disagree, my sales come almost exclusively ONLY from eza)

      Furthermore, you could even come up with ideas when you are really broke, eg. if you want a software you could write to the vendor, offer him a review on your blog or something in exchange. You would be surprised how often this works.
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      • Profile picture of the author Ron Hitson
        To take it a step further..............he could also use the age old barter system.

        Example- "I'll write five articles for you, if you create a video for me....etc......."


        Not to mention, if people on the WF notice you're really making effort, someone will probably step in and lend a helping hand for free and give you access to some of their "tools"/services for no cost.





        Originally Posted by GeorgR. View Post

        and no, you don't "need" to, at all. Even if i am positive that a simple Google search would yield a zillion of free ways to mass-distribute articles.

        The "worst" which can happen is that you "limit" yourself and only submit to EZA and maybe GA/AB...and then from your first earning you get that article submitter software/subscription if you really THINK you need it and if you really think you need to submit to a zillion of directories. (Which i strongly disagree, my sales come almost exclusively ONLY from eza)

        Furthermore, you could even come up with ideas when you are really broke, eg. if you want a software you could write to the vendor, offer him a review on your blog or something in exchange. You would be surprised how often this works.
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        "Perseverance is a great element of success. If you only knock long enough and loud enough at the gate, you are sure to wake up somebody"
        -Henry Wadsworth Longfellow
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  • Profile picture of the author John Romaine
    I tend to agree.

    Im a big believer in outsourcing. Outsourcing costs money, so it becomes a catch 22 situation.

    Until the money is there - you need to sacrifice time. Just be sure when it IS there - you reinvest it into your business and dont go out popping champagne corks.
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  • Profile picture of the author misterx
    If you can't succeed for free, a little money would just make your failure more expensive.
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    • Profile picture of the author Ron Hitson
      Originally Posted by misterx View Post

      If you can't succeed for free, a little money would just make your failure more expensive.

      I understand your thinking but I don't agree with this line of thought.
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      "Perseverance is a great element of success. If you only knock long enough and loud enough at the gate, you are sure to wake up somebody"
      -Henry Wadsworth Longfellow
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  • Profile picture of the author sdentrepreneur
    You are make a lot of money online if you have a marketing budget. For those who have no marketing budget, you are going to have to work harder. Here is the key....when you start making money with your free marketing methods, you MUST reinvest the profits into paid marketing. I know it is tempting to pay bills and take a shot of Jameson's (my favorite) but it can work if you reinvest profits into paid marketing.

    I started out with a budget of $5.00 per day on Google Adwords and worked my way up to $100 per day. Lastly....find a good mentor or fellow Entrepreneur to hold you accountable.
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  • Profile picture of the author BigGameHunter
    I agree with the others. Money actually hinders long term growth. Learn solid business principals and your long term growth will take care of itself.

    For example, if you had money you would not perfect your backlinking. Suppose you had automatic software and you had Paul or Angela's list and you put up some backlinks on high PR sites. You run so fast with the software you don't have a clue what is working and whats not and you don't have a clue how to check it.

    Slow down. Put up a few backlinks everyday. Experiment with your keywords in the title. Send a few to your home page and then a few to the keywords on your interior pages. Use the free Traffic Travis and see if your back links are showing up.

    Add a few more and see where you rank on google for your main keyword. Check to see where you are in a couple of days. Keep adding more until you get #1. If what you are doing is not working make changes. Take the time to become an expert in backlinking. Now when you get some money to afford automated software you will know exactly what to do to get results. Plus, you can use this information in your article marketing.

    When you become an expert in backlinking set your sites on Article Marketing. Just keep learning and become an expert in every phase. Now you are ready to outsource because you know what you need.

    Hope this helps.
    Jim
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    • Profile picture of the author Frances Norah S
      Grandstar

      I've been in your shoes before where I just didn't have enough money to buy the next 'BIG' push button strategy/software to make money. And whatever money I have saved up, I would use it on any new WSO thinking that it may be the next big thing and if i don't buy it i will be left out and so on..

      That is where the problem is. I just couldn't stick to a single plan and replicate it throughout. I was changing plans every now and then due to the different strategies from the different WSO that I purchased.

      Your solution is to get to the root of the problem. For example, if traffic is what you are looking for then find free ways to get traffic and the most important part is to stick to it. That was exactly what I did and I sticked to it. I did SEO the free way and although it took quite a while before I saw results, it was pretty much worth the time now that the money is coming in.

      Once that happens, you can get yourself one or two tools to automate your efforts. Remember, you just have to be more patient.

      Hope this helps. Good luck!
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  • Profile picture of the author David Mintzer
    Grandstar:
    I am in the same boat as you. I have not worked in over 8 months here in Vegas since the job market stinks. I have learned about free advertising methods like safelists and forum advertising. Your biggest fear might be your fear of failure. You need to go deep inside your mind and meditate on what you want. Visualize yourself having money in the bank and see yourself succeeding in internet marketing. You can do it. I and many of the other members have faith in you. I got my first sale this past Saturday without spending a dime on advertising. All I used was free advertising methods. I would suggest you can start a blog on hubpages and then going to traffic exchanges to promote your website. As many internet marketers will tell you free advertising does work.
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  • Profile picture of the author Brandon_Walker
    I agree, having money to invest in IM can definitely give you a head start in buying all the tools and resources you need to kick start your online business. However, in the past I have spent money on unnecessary items, which I sincerely regret even to this day. So I have decided to only spend money only when it is absolutely necesssary.

    Every bit of money I earn through IM I will reinvest though
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  • Profile picture of the author 12-o'Clock
    Ron Hitson hit it on the head. Yes almost everything costs money but once you start spending before you see profit you can go broke fast.
    Learn the hard way so you understand what you really need. Put in the time and focus on doing it manually first.
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  • Profile picture of the author grandstar
    Ron, you are so clear headed. I am taking up some of your suggestions. Thanks again
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  • Profile picture of the author aceriker
    Having money makes things easier to outsource those jobs, but having money to buy the next "big thing" is probably more of a hindrance than a help. Until you get your first few dollars in PayPal, you need to 'spend' your time.

    I would actually avoid buying any products and use the wealth of information in this forum to help you succeed - the amount of time you 'spend' is going to be far more valuable than any ebook or video course you buy (which you'll probably never get around to reading anyway!).

    If you feel you must spend money to outsource some jobs, why not setup a budget from your salary, even if it's just a few dollars a month, you can still find people to do submissions or even article writing for that - stuff which is proven to work.

    Anyway, by doing all the grunt work now, you'll appreciate success and be a better marketer than if you just buy everything
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  • Profile picture of the author sheprd
    It is possible that you need to work a 'side' niche that will be easier to rank for quickly. You can then use this extra income to fund your main endeavor!
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  • Profile picture of the author douglashsu
    I'm in the same boat too.
    Thanks for everyone's opinions.

    And now I go on internet 6 hours a day after day work,for searching more information about IM even though to take a dictionary all the time.

    Keep seeking the point~
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  • Profile picture of the author JulioGarabot
    I am new at this too and I started buying every new WSO out there, but stoped and sticked to one and that one has made me over 1000 US in the last month. with one product, now I am trying to duplicate that.

    I know that is not much but it is a start for been only 2 month in IM.
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    • Profile picture of the author CryoCrispy
      Originally Posted by JulioGarabot View Post

      I am new at this too and I started buying every new WSO out there, but stoped and sticked to one and that one has made me over 1000 US in the last month. with one product, now I am trying to duplicate that.

      I know that is not much but it is a start for been only 2 month in IM.
      That's pretty good (in my opinion) for only having been inf or 2 months. Hopefully that is something you repeat on a monthly basis and only see an explosion from it.
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      • Profile picture of the author Peeps66
        I'm being a real hypocrite here, but I think your concentrating too much on thinking about what can hold you back as opposed to what opportunities are there.

        As I say, I'm being a real hypocrite here, but trying to get a different mindset is one hell of a hurdle!

        Perhaps if I write down somewhere prominent that I must finish reading 'fear of failure' books and put into practice what I have read, otherwise I have failed again!

        Peeps66

        P.S. perhaps the rest of you have methods you can share with me and Grandstar
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    • Profile picture of the author JMPruitt
      Originally Posted by JulioGarabot View Post

      I am new at this too and I started buying every new WSO out there, but stoped and sticked to one and that one has made me over 1000 US in the last month. with one product, now I am trying to duplicate that.

      I know that is not much but it is a start for been only 2 month in IM.
      that is great with only 2 months. It took me 4 months just to get my first sale. and longer to make it consistent. If you can do it in only 2 you are doing great.

      It takes consistent work and action to make it in this business. put up a simple page and just start writing articles. post the articles. bookmark them and repeat. once you get a little coming in build on it from there.
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  • Profile picture of the author Kate C
    I had read and heard stories of people who made it without much money. I personally spent a lot of money but did not get any money back from the things I spent money on. In fact I lost a lot of money.When you have money for advertising, sometimes your judgement is impaired. You simply pay for quick fixes.

    I started making money only when I ran out of money for adwords and other paid advertising. I then really started focusing on free stuff. I stopped buying every single thing that came into my mail box promising to help me build my business.
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  • Profile picture of the author 4freedom
    I find one of the biggest challenges to making money is not the lack of money - it is the lack of a PLAN. Pick ONE proven system you are comfortable with and just start where you are. For example, to get started in affiliate marketing without a web site, domain or even experience is pretty easy - post FREE classified ads on USFreeads, Craigslist and Backpage. It might take abit of "work" but eventually you'll make money. Then use that money to buy software to post more ads faster. You'll make more money. Then buy a domain... etc. etc.

    Argue for your limitations and, sure enough, you'll find yourself limited. Argue for how and why you WILL produce a result and you will.

    In fact, to give you an idea - I recently picked up $7 WSO right here on this forum. I followed the instructions which outlined a way to post multiple FREE ads on backbage. It took me about 4 hours to set up... but ZERO cost. Now I can post about 200 ads in an hour & a half... and they pay out $25-$50 per day.

    NOW... if I had a mind to... I could pay someone $8 an hour (about $12 a day) to post these same ads... and earn $12-$38 profit per day doing nothing. Next...
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  • Profile picture of the author paulie888
    Grandstar, I don't really agree with you. There are many ways to make money in IM without using a lot of money, and the hard work and determination that go into doing this initially will build the right foundation for you. You definitely want to get away from the 'easy money' mentality that afflicts 95+ % of beginning internet marketers out there. If you are doing something proven in IM and it's making you money, all you need to do is scale it up over time. It's far better to do that than blow money on untested advertising and programs that you may end up losing money on, because you want that fast money - again an offshoot of that 'easy money' mentality, where people have that 'lottery' mindset towards fast and quick cash. Trust me on this - if you adopt this mindset you'll probably end up losing everything you earn very quickly, this has been proven to happen time and time again!
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  • Profile picture of the author DASHBOY
    Although money helps you really don't need it when starting out in this game. Ok getting free traffic methods can be tedious but they work once you get a few sales outsource the tedious stuff and concentrate on building your business.

    Good Luck

    Graeme
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  • Profile picture of the author iamchrisgreen
    Originally Posted by grandstar View Post

    I wish I had money. It would really make things much easier.

    For instance, I could mass submit articles rather than post 1 by 1 increasing productivity greatly.

    I could also mass submit to book marking sites.

    I could place solos and other adverts.

    Money will actually fasten things up you know.

    I am however optimistic that some money will come in soon.

    Who else agrees with me?
    Two questions.

    1. If you are convinced that this activity will work, why don't you get a loan to pay for it. Then when you make the money back you can pay it off?

    2. What will you do with the time you save when you outsource?
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  • Profile picture of the author WhamSoft
    I started my offline business with about $20, its now worth...well lets just say "lots more".

    Sure the lack of money can limit some of things you are able to do, but it also helps you think outside the box!

    Money will often allow you to do things quicker, so the lack of money will often provide the same results but it just takes a bit more work and takes a little more time to get the same job done.

    Submit articles one by one if thats what it takes, then when you get that paycheck from your efforts go buy the automatic submitter. Invest and re-invest in your business.
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