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The Key To Making Money Online

by VilPietersen@
17 replies
Hey there fellow warriors, I was just writing a video presentation about the keys to making money online, so far I have come up with the following:

  • Failing (but having the balls to carry on)

  • Experience (Only gained from failing)

  • Dedication (To do "just one more" before you go to bed, whatever that is)

  • Mindset (Having the capacity to sit infromt of a computer screen for days, sometimes even missing meals and showers - Joke! Or am I?)

  • Contact with people with an interest/passion of Internet Marketing (i.e. the warrior forum)

  • Automation

  • Duplication (finding something that works and doing it over)

  • Reputation (earning a reputation for your self is a very important part of Internet Marketing, I feel!)

  • Teaching (This because you learn more as a teacher than you do as a student)

  • Being Creative (This is my favorite part, I was always good at drawing, making music and a lot of other creative pass times but IM is the same for me. A lot of people say "use the proven system" but I feel why not just make it yours!)

Thats all for now, like I said at the start. Could you please add just one more "Key to success" for this thread. Thanks all
#key #making #money #online
  • Profile picture of the author Vexo
    nice post totally agree. I also think that whatever you do ( dont have to be IM ) should be fun
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  • Profile picture of the author Zeus66
    I would add:

    Scaling Up
    Outsourcing

    Those go hand-in-hand with your point about Duplication. Find something that makes you money on a small scale and that can be scaled up by doing more of it in the same amount of time. That's scaling up. Outsourcing is how you leverage the clock to get more done in the same amount of time.

    And finally:

    Build A List

    Can't stress this enough. We're marketers. It's shallow thinking to believe you should be able to make a lot of sales the first time you show something to your site visitors. Even if you get a great conversion rate, think of all the folks you're just letting slip out of your grasp by not giving them the option to subscribe to your list. Marketers market their wares more than once.

    John
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    • Profile picture of the author sdentrepreneur
      I can sum it up in one word = TRAFFIC
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      • Profile picture of the author FrankBowman
        Originally Posted by sdentrepreneur View Post

        I can sum it up in one word = TRAFFIC
        Ya got that right brother!
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    • Profile picture of the author VilPietersen@
      Originally Posted by Zeus66 View Post

      I would add:

      Scaling Up
      Outsourcing

      Those go hand-in-hand with your point about Duplication. Find something that makes you money on a small scale and that can be scaled up by doing more of it in the same amount of time. That's scaling up. Outsourcing is how you leverage the clock to get more done in the same amount of time.

      And finally:

      Build A List

      Can't stress this enough. We're marketers. It's shallow thinking to believe you should be able to make a lot of sales the first time you show something to your site visitors. Even if you get a great conversion rate, think of all the folks you're just letting slip out of your grasp by not giving them the option to subscribe to your list. Marketers market their wares more than once.

      John
      Thanks for your input, really appreciate it!
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  • Profile picture of the author joey88
    Agree with all the items pal
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  • Profile picture of the author talfighel
    Yes, never giving up is key to success. Another important factor is TRAFFIC to your site because without lots of traffic on a consistent basis you will not be as successful as you should be.

    TRAFFIC is key too.

    Tal
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  • Profile picture of the author VilPietersen@
    @sdentrepreneur & @talfighel Thanks to you too! Traffic, how obvious!!! Duugh!!
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  • Profile picture of the author Gasen
    The main ingredient: take action
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  • Profile picture of the author Neil Morgan
    I would say developing (or at least promoting) products and services that give real value to real people.

    If you don't have that, everything else is a waste of time.

    Cheers,

    Neil
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    Easy email marketing automation without moving your lists.

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    • Profile picture of the author Alminc
      I don't know what the key to success is.

      I believe that the 1st key to success is being
      able to dedicate money, time and efforts to build a list
      of at least 10000 targeted subscribers.

      The 2nd key then would be to know how to squeeze
      every single dollar out of that list.
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      No links :)
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  • Profile picture of the author barditoto
    Learn To Dominate Marketing with Social Media, its not going away....
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  • Profile picture of the author actionplanbiz
    Great details

    i like to sum it up as

    "the key to making money online is the same key to develop any Skill - Taking Action"
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  • Profile picture of the author FrankBowman
    I want to expand a bit although my friend, sdentrepreneur, said.

    Traffic = Money

    Now there are many tools one can use to drive traffic. Depending on how well you know how to use these tools effectively, will determine how much "buying traffic", traffic that spends money, you get.

    On page SEO
    Off web SEO
    PPC traffic
    PPV traffic

    These are all tools, you need to read each one's "operating manual" before you use them........it seems obvious but most people, at least initially, don't take the time to learn how to use a tool.........

    Here's my advice to you.

    Drive traffic to a squeeze page where you give a free report on whatever you niche is in exchange for a confirmed email address. You wanna see how hungry a niche is...............this will show you. If they snap up the report and your list swells, well then you can start making money off that list and/or building niche blogs to begin to dominate your niche.

    Building a list is essential, in my opinion.

    Peace

    Disclosure: I just began taking my own advice...
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