Warriors....How Long Did You FAIL in IM?

45 replies
Everyone has their own definition of success and failure, but I wanted to see how long it took you to consider yourself a success in your business.


And by success, actually achieving an income online that you truly felt you had acomplished something worthwhile.

I have always been a success in my mind, but business was always different.


Let me hear those stories.

Jeff Mitchell
#fail #long #warriorshow
  • Profile picture of the author Hanz
    I haven't reached my fullest potential yet to be honest. I came from an advertising and design background. Writing and digital design were my strong points. I was sort of lucky that these types of skills were useful in IM. I also worked as a marketing assistant so strategic planning and dealing with people also helped.
    A lot of these skills have helped me acquire a pretty decent income although not a regular income in IM. It all depends on how hard I work. Nothing automated here...yet.
    Anyway, the first site I made was a big one. Not some little niche site with carefully picked keywords. I dove right into IM without a thought about competition and charged right at the biggest boys on the block. Trying to compete with over 20 million sites for the keyword I was aiming for.
    It's been fun so far. Made quite a few sales from sites and blogs and the tactics work well enough. But it's all about scaling up.
    I'm not truly successful yet. Success will be when I can wake up daily without the aid of an alarm clock.
    Also, forgot to mention but the first book I read was 'Rich Dad Poor Dad' back in Feb '05 and a bit after that, Super Affiliate Handbook. From there, I just dove in and am enjoying it thus far. Have no intention of quitting anytime soon. I did get badly scammed though but it is what it is. Just have to learn to be careful in these waters when trying to outsource work.
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    • Profile picture of the author JeffMitchell
      Originally Posted by Steve Porcaro View Post


      I may have never achieved my own my own personal goals (desires) however I have achieved the goals of my FAMILY and that is what is really most important to me

      IM to me is
      That right there is incredible....

      Right On Steve!

      Jeff Mitchell
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      HELP NEEDED! My Mother And Her Brother have been taking care of the mother with the help of Hospice. He just had a Massive Heart Attack while taking a short vacation. My mother had to go to Florida from Indiana to be with her brother and is not financially stable from being off work to be with grandma. Any Help Would Be Appreciated. http://www.gofundme.com/vg5kt4c

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  • Profile picture of the author David Mcalorum
    I like this thread

    I failed for about 4 years, learned a LOT in the process
    then I finally started to make hundred dollar paydays.

    In fact my best day was $2615

    I plan to top it though

    Best way to make money in the world.

    Thats for sure!

    P.S- My last campaign did about
    465 dollars with 4 hours
    of 'work'
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  • Profile picture of the author Joe Benjamin
    Looking back, it wasn't failure.

    It's simply a process...and a challenging, fun,
    fustrating one at that.

    I was looking through some stuff and goals I
    set exactly almost 1 month ago to make $1000
    in a single month.

    I've never done it before with online marketing,
    and I was determined to do it, not knowing
    exactly how.

    And I almost shed a tear looking at this sheet
    of white paper and the fact, that this goal, came
    to past.

    Now, my sights are set on $2000 for month of
    April, but I got this strange feeling I will likely
    get double that...no rush here, I'm enjoying the
    journey and all it's trips and falls
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  • Profile picture of the author andrewwilkie
    For me it's more a case of rather than no failure only feedback. It's more there is no failure, only a delay in your results.

    I know my end result and I'll keep going until I get there.

    A
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  • Profile picture of the author thebitbotdotcom
    I am not quite sure how to define failure in this regard. Low traffic, low CTR? I am still there, but reading these posts is rather encouraging. I guess we all start out slow. Of course, it depends on your niche. Thanks for sharing the comments warriors...
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  • Profile picture of the author David Raybould
    I was able to triple my salary with
    my online efforts and quit my job
    inside 3 weeks.

    I'm not kidding.

    -David Raybould
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  • I still fail and love it. Because I am learning from my mistakes. If you don't attempt you won't fail and you won't succeed.
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  • Profile picture of the author frqhuss
    I failed for 2 years but also learned alot from those mistakes and even learning alot to make big fugure in my internet marketing...
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  • Profile picture of the author MarkAnderson
    FAIL? I don't think so..... If they FAILED we can't meet them here.

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  • Profile picture of the author armadin
    Took me 2 months to make my first sale, once you stop thinking about making money and how to offer better service for the mini-site, blog , landing page etc. that you are presenting, then things start to get better but obviously that is mostly a beginner mistake. I think most people start with the prospect of money to be made, so they tend to put more focus on that thought rather then QoS and customer care.
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  • Profile picture of the author EndGame
    I'm failing every day. But that just means I am learning every day as well.

    Success pops up in between the failures.

    I never made a cent for the first year of my education though in Internet marketing.
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  • Profile picture of the author Randy Smith
    And by success, actually achieving an income online that you truly felt you had acomplished something worthwhile.
    In terms of making a regular income - I actually took 5 years!!!
    I guess I chased the 'easy button' for far too long...lol

    By other peoples definitions Who knows if they would consider me a success? - I still don't make the mega thousands that some continually boast.

    In terms of my own goals - there is always something more

    But if you mean paying my bills and working the hours I choose, Having the freedom to enjoy life without the stresses of a 'day job' - that took me just over 6 years, or just over a year from when I stopped failing an realised what I needed to do!
    And that has continued to grow slowly for me personally to the point where I am happy with what I achieve but still would like more income and more leisure time...lol


    Randy
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    • Profile picture of the author Steven Wagenheim
      I guess in terms that the average IMer would consider success and failure
      (and of course this is all relative) my timeline went something like this.

      First 5 months - $28 Income
      Months 6 through 24 - $300 to $2,000 Income per month
      Months 25 though 36 - $2,000 to $2,500 Income per month
      Months 37 through 48 - $4,000 to $5,000 Income per month
      Months 49 through 60 - $5,000 to $7,500 Income per month
      Months 61 through 84 - Low 6 figures yearly

      So I'd say I was a total failure for 5 months.

      I was a semi failure for 3 years.

      I was a fair success for 1 year.

      I was a success for 1 year.

      I have been very successful for 2 years.

      To somebody making 7 figures a year, I am still probably a semi failure.

      Now, how do I personally feel?

      As somebody who was kicked out of a job, had no other options, was
      faced with losing his home and everything else, I'd say that under the
      kind of pressure I was under, I was an amazing success.

      I had to battle horrendous fear every single day, wondering where the
      next meal was coming from. NO money to invest yet knowing I had to if
      I was going to make it.

      A daughter who I knew someday would want to go to college and no
      money to pay for it.

      Friends who laughed at me because I was such a loser.

      Most people under that kind of stress would crack.

      I didn't. I made something of myself.

      So even though I only made $28 my first 5 months (my red badge of
      courage) it was enough to make me realize that it was possible to make
      money online.

      Today...I work when I want at what I want.

      Yesterday, while I was out taking my daughter to buy some ridiculously
      expensive headphone for her MP3 player, in the span of 3 hours I made
      $333.

      That's over $100 per hour and I wasn't even home.

      So, to answer your question.

      How long did I fail in IM?

      I never failed.

      Why?

      Because I made it to where I want to be and I did it all on my own.

      And if a middle aged, unemployable neurotic hypochondriac can become a
      success at IM...

      Anybody Can!
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      • Profile picture of the author armadin
        Originally Posted by Steven Wagenheim View Post

        And if a middle aged, unemployable neurotic hypochondriac can become a
        success at IM...

        Anybody Can!
        This cracked me up...

        I am still a newbie in here but I absolutely love Steve's threads and posts.

        Steve, perhaps you were forced into taking action in a unconventional way after facing such prospects but aren't you glad now that happened.

        I have started with IM recently for similar reasons, firstly I was in the UK and not able to extend my working visa , then I returned home and lived with my parents. I fell ill and was hospitalized for a couple of months with serious and life threatening blood clotting , after hospital I was essentially jobless and unable to work or even move due to heavy pain for months leaving me completely broke and demoralized to a certain extent.

        Then after a while, I started doing local website projects for small companies , this gave me just enough to get by and I still do it today but my real awakening came when I started thinking how all this has happened to me and that perhaps I should consider a change of life.

        I am now just over 2 months in IM and made a few sales already on some of my travel affiliate sites.

        Bottom line is, I hated my old life anyway and these circumstances have pushed me to consider alternatives and even though I am still fresh, I have spent many hundreds of hours educating myself, building and begining to believe in a new life.

        I have seen this sort of thing happen to many people, some have given in to despair and lost the grip but others who used that as a tool to better themselves are now successful more then ever before.
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      • Profile picture of the author Hanz
        Originally Posted by Steven Wagenheim View Post

        I guess in terms that the average IMer would consider success and failure
        (and of course this is all relative) my timeline went something like this.

        First 5 months - $28 Income
        Months 6 through 24 - $300 to $2,000 Income per month
        Months 25 though 36 - $2,000 to $2,500 Income per month
        Months 37 through 48 - $4,000 to $5,000 Income per month
        Months 49 through 60 - $5,000 to $7,500 Income per month
        Months 61 through 84 - Low 6 figures yearly

        So I'd say I was a total failure for 5 months.

        I was a semi failure for 3 years.

        I was a fair success for 1 year.

        I was a success for 1 year.

        I have been very successful for 2 years.

        To somebody making 7 figures a year, I am still probably a semi failure.

        Now, how do I personally feel?

        As somebody who was kicked out of a job, had no other options, was
        faced with losing his home and everything else, I'd say that under the
        kind of pressure I was under, I was an amazing success.

        I had to battle horrendous fear every single day, wondering where the
        next meal was coming from. NO money to invest yet knowing I had to if
        I was going to make it.

        A daughter who I knew someday would want to go to college and no
        money to pay for it.

        Friends who laughed at me because I was such a loser.

        Most people under that kind of stress would crack.

        I didn't. I made something of myself.

        So even though I only made $28 my first 5 months (my red badge of
        courage) it was enough to make me realize that it was possible to make
        money online.

        Today...I work when I want at what I want.

        Yesterday, while I was out taking my daughter to buy some ridiculously
        expensive headphone for her MP3 player, in the span of 3 hours I made
        $333.

        That's over $100 per hour and I wasn't even home.

        So, to answer your question.

        How long did I fail in IM?

        I never failed.

        Why?

        Because I made it to where I want to be and I did it all on my own.

        And if a middle aged, unemployable neurotic hypochondriac can become a
        success at IM...

        Anybody Can!
        You are now officially my hero on Warrior, Steven. So how about that step by step WSO of your success principles? (Joking)
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      • Profile picture of the author MarkAnderson
        Originally Posted by Steven Wagenheim View Post

        As somebody who was kicked out of a job, had no other options, was
        faced with losing his home and everything else, I'd say that under the
        kind of pressure I was under, I was an amazing success.

        I had to battle horrendous fear every single day, wondering where the
        next meal was coming from. NO money to invest yet knowing I had to if
        I was going to make it.

        A daughter who I knew someday would want to go to college and no
        money to pay for it.

        Friends who laughed at me because I was such a loser.

        Most people under that kind of stress would crack.
        I felt something is choking at my throat when it was reading story.

        I've a question....

        How did you take decision to plan the future along a path what you really don't know (at the beginning) will it be successful or not, especially in a critical time period of your life?
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        • Profile picture of the author Steven Wagenheim
          Originally Posted by MarkAnderson View Post

          I felt something is choking at my throat when it was reading story.

          I've a question....

          How did you take decision to plan the future along a path what you really don't know (at the beginning) will it be successful or not, especially in a critical time period of your life?
          Mark, call it faith, desperation or whatever you want.

          All I knew was this. Failure was not an option because failure meant letting
          my family down.

          You'd be surprised what you can do when your back is up against the
          wall like that.
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      • Profile picture of the author TammieJJ
        Thanks for the inspiration, Stephen! It's good to see others who have worked as hard as some of us are working right now, and to know that you found success.

        I've been at this less than two years this go 'round, after a 6 year semi-hiatus, and while it's not the success I want just yet, I can't say it's failure either because my business is noticeably moving forward, building momentum.
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  • Profile picture of the author mjhult
    I have not failed in IM, but it did take me 2 years to see success!
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  • Profile picture of the author Lisa Gergets
    Failing is relative. I've failed at some things, meaning that the outcome was not what I had envisioned, but I've learned in the process, so it's not a real failure, right?

    I believe the only true failure is not trying.

    ETA: In concrete terms...I started in IM in May 2009, starting bringing in money right away due to offering services, and continued to double my income monthly until reaching the $2000 mark which is right around where I'm at now. Not too bad for part time work.
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    • Profile picture of the author FriendlyRob
      Putting aside the philosophical definition of success and failure. It took me two years to piece everything together and start to consistently earn money
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  • Profile picture of the author Rod Cortez
    Warriors,

    It's kind of fuzzy when I first got interested in Internet Marketing it was somewhere in the mid 90s. But I didn't really do anything until a couple years later. I started out in 1999 and I defined "success" at that time as earning $1,000 a month consistently, which didn't occur until 18 months later. I "failed" so many times at so many things, mostly because I lost all reason, thinking that starting an online endeavor was different than my offline business (financial planning). I threw the fundamentals out the window. And I see this mistake repeated over and over again by others.

    It took me 18 months because I treated my business like a hobby and I jumped around from one thing to another. I bought so many courses and ebooks that it would make anyone's head spin. Looking back it should not have taken longer than 3 months to hit that target with the knowledge base I had then.

    Once I stopped buying into all the get-rich-quick-schemes and hype, got my mindset right, and attacked my business with a laser-like precision I was able to quit my job forever. And today our holding company has multiple corporations that conducts business in well over 44 countries. Never underestimate what you can accomplish in a decade and give yourself at least a year to build a solid foundation to your first enterprise. Anyone who advises you otherwise is either lying to you, doesn't know how to tie their own shoe laces, or is trying to sell you something. Tax planning alone with our team of accountants takes us a good few weeks, and that's just the tax aspect of our business. The marketing is a whole other animal.

    Eleven years in this industry has taught me that immutable truth. Fundamentals mastery can make you wealthy beyond what you think is possible.

    RoD
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  • Profile picture of the author Lisa Gergets
    Fundamentals mastery can make you wealthy beyond what you think is possible.
    Amen and glory glory hallelujah to that!!

    I think that's why I got on the fast track right away - because I learned all the basics from the ground up. Having that, I was just able to take what I already knew and fly in different directions with it!

    WOOT WOOT Rod!
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    • Profile picture of the author FredJones
      I am still failing daily. It has been a year and 16 days that I have been in IM. I earn anywhere between 1000-2000 per month. BUT, I know I shall keep failing for the next 4-5 years. And I am happy with that. I want to stick to my basics. Gimmicks last only for a small time, in building a lifetime business one must understand and follow the basics. So I am happy that I am still a failure. I mean, I still do have the capacity of making easy money - its a promise, if I honestly try to make money I can literally make more than $1,000 in the next 5 days with a challenge, which is equivalent to more than $70,000 per year. But that is exactly what I am avoiding.

      Why so?

      Because, I want to succeed in the long term. And I mean, I want to succeed in the long term. And that is a level of success that takes me beyond money and closer to something else that I can disclose at the end of my career - 30 years from today. Again, that is a promise.
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  • Profile picture of the author badboy_Nick
    Originally Posted by JeffMitchell View Post

    Everyone has their own definition of success and failure, but I wanted to see how long it took you to consider yourself a success in your business.


    And by success, actually achieving an income online that you truly felt you had acomplished something worthwhile.

    I have always been a success in my mind, but business was always different.


    Let me hear those stories.

    Jeff Mitchell
    I must have failed for a good few years before I started making some decent money. But I don't really regard it as a failure ... I just figured out a lot of ways of what NOT to do

    Nick
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    • Profile picture of the author Alexa Smith
      Banned
      [DELETED]
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      • Profile picture of the author DudleyDog
        hi, there's some really great SUCCESS stories here. Really inspiring.

        I'm relatively new to IM after running an ecommerce store for three years. I wish I had gotten into IM earlier. So i'm still on the steep, steep slope upwards. I've done a lot of reading on this forum and I spend a full working day and more... we're talking 1 to 2am candle-burners... most days.

        One important message that comes through in many threads is "don't waste your time trying to find that instant cash generator". Get on and do something. Thats what i'm trying to do. It's far from paying the bills but I know i've got to work hard to make this work for me.

        Ok, you need to read about what's out there in order to progress and keep up to date, but have a work plan and do what's IMPORTANT first.

        That's my two-penneth.... good luck everyone
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  • Profile picture of the author Allen Payne
    Well let's see.I got into this business 8 years ago and untill 2 years ago i kept failing and failing.I made some money but not much.Only about 25k in 6 years lol.Procrastination was the problem then.I loved spending time with my friends playing poker or smth insead of working.

    2 years ago i made a promise to myself that i will organize my time and try to work at least 4 hours everyday.

    Well in this 2 years i made more than i ever hoped and i got myself a new house and car. I love this business!

    Always take action and never give up!!! Work had and i guarantee you that you'll see results eventually.Good luck everyone!
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    • Profile picture of the author WealthWinners
      Great thread!

      Actually, I am still in the "failing my way to success" stage. I have only made probably $1000 in the last 3 years.

      I don't really consider it failing though. I consider it my learning curve. And like some other posts I have read here, I have jumped around a bit trying to find the right "fit".

      Still looking for that perfect fit, but in the meantime I have learned that it is really important to find something you can stick with for more than a few weeks.

      Success for me will be defined by making enough money to completely pay off my debts, pay cash for that little piece of country property in the Ozarks that is completely off grid, and have NO overhead except the food, taxes and insurance needed to keep things running. Living a simpler, less stressed life.

      Once that stage is met, all other cash flow is gravy and hopefully by then it will be residual so I can go tend to the gardening and the bee hives without worrying about how I am going to make the mortgage because there isn't one.
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  • Profile picture of the author tryinhere
    I continue to fail everyday, and will do so as long as i keep pushing the boundaries.
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    | > Choosing to go off the grid for a while to focus on family, work and life in general. Have a great 2020 < |
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  • Profile picture of the author petelta
    I like Steven's way of putting it. I'm still not to the success level I want to be in life, but I don't expect internet marketing to bring me that success. I'm an entrepreneur. Internet marketing is only a stepping stone to my empire lol. But, it was the best option to start off with no money to get things started. Here's what my timeline looks like so far.

    Month 1-6: $4 profit mostly from adsense and minor traffic to a blog.
    Month 7: $19.99, made my first affiliate sale...for some reason thought it would be a good idea to change directions
    Month 8-12: $24.36, I bounced around from idea to idea and the only thing that made me money was my existing adsense blog and another affiliate sale from previous website.
    Month 13-15: $56. I got my crap together and started building a solid long term business system.
    Month 16-18: $6,000, I started releasing my own products. I was able to be way more passionate about what the product was and it showed in my conversions...same audience different wording. I was able to quit a full time job and really go into this business full on.
    Months 17-20(now) - I've ramped up all productions and have gotten involved in the offline market as well. As for how much I've made total in '10, I'm not even sure. I sold a website a couple weeks ago for a large chunk of change.
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    • Profile picture of the author Steven Wagenheim
      Originally Posted by petelta View Post

      I like Steven's way of putting it. I'm still not to the success level I want to be in life, but I don't expect internet marketing to bring me that success. I'm an entrepreneur. Internet marketing is only a stepping stone to my empire lol. But, it was the best option to start off with no money to get things started. Here's what my timeline looks like so far.

      Month 1-6: $4 profit mostly from adsense and minor traffic to a blog.
      Month 7: $19.99, made my first affiliate sale...for some reason thought it would be a good idea to change directions
      Month 8-12: $24.36, I bounced around from idea to idea and the only thing that made me money was my existing adsense blog and another affiliate sale from previous website.
      Month 13-15: $56. I got my crap together and started building a solid long term business system.
      Month 16-18: $6,000, I started releasing my own products. I was able to be way more passionate about what the product was and it showed in my conversions...same audience different wording. I was able to quit a full time job and really go into this business full on.
      Months 17-20(now) - I've ramped up all productions and have gotten involved in the offline market as well. As for how much I've made total in '10, I'm not even sure. I sold a website a couple weeks ago for a large chunk of change.

      I find it interesting that unlike myself, you took one big leap. I got to
      where I am very slowly a little at a time.

      Just goes to show you that there is no time limitations on this. You can
      get there as quickly as YOU are able to do it.

      Congrats on your success so far. That's quite an inspiring climb.
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      • Profile picture of the author petelta
        Originally Posted by Steven Wagenheim View Post

        I find it interesting that unlike myself, you took one big leap. I got to
        where I am very slowly a little at a time.

        Just goes to show you that there is no time limitations on this. You can
        get there as quickly as YOU are able to do it.

        Congrats on your success so far. That's quite an inspiring climb.
        Thanks Steven. You are a large part of my success actually. You've been an unknowing mentor as have many other Warrior's have been.

        Pay attention to what these guys say everyone. You will learn everything you need to by just paying attention to their posts and the way they present themselves.

        I do consider myself a rare case since things all of a sudden started to just click for me. All that time I was failing, I was learning though. I just took all that knowledge I had learned and put it into one idea. It worked so I repeated it exponentially and am still doing the same.
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        • Profile picture of the author Steven Wagenheim
          Originally Posted by petelta View Post

          Thanks Steven. You are a large part of my success actually. You've been an unknowing mentor as have many other Warrior's have been.

          Pay attention to what these guys say everyone. You will learn everything you need to by just paying attention to their posts and the way they present themselves.

          I do consider myself a rare case since things all of a sudden started to just click for me. All that time I was failing, I was learning though. I just took all that knowledge I had learned and put it into one idea. It worked so I repeated it exponentially and am still doing the same.
          Can I ask (you don't have to answer if you don't want to) what was it
          particular that I shared that helped you?

          The reason I'm asking is because I sometimes wonder if I do any good
          at all as I really get very little feedback from my list...even my customers.

          It helps to know what you're doing that's actually helping others.
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          • Profile picture of the author Hanz
            Originally Posted by Steven Wagenheim View Post

            Can I ask (you don't have to answer if you don't want to) what was it
            particular that I shared that helped you?

            The reason I'm asking is because I sometimes wonder if I do any good
            at all as I really get very little feedback from my list...even my customers.

            It helps to know what you're doing that's actually helping others.
            Your ability to inspire people to take action. You're a role model on here Steven. You don't even realize it.
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          • Profile picture of the author petelta
            Well it's not so much of what you've said but how you say things. You have experience in what we are all trying to do...make money online. You have a quality track record and you know how to reach your audience.

            I think I have gotten to be successful because I pay attention to those that are doing things right and I try and perform like them. I've read and studied all your sales letters, promotions, etc that I could find. I never even bought a product of yours until 2 weeks ago. I even already knew what your product was going to say, I just wanted to see how you were going to say it to them. (Hot Niches WSO Steven has is great btw).

            I've even thought about purchasing 30 days of your mentor program with a new niche project I have. Not because I can't do it myself, but because I want to see what your methods are to reach success with a market. I know that I can learn a lot from you and I listen to those that can teach me to better my business even if they aren't talking directly to me.

            You give it to your audience straight too. When I read something you create, I know that you're not just trying to get an extra buck out of me. You genuinely help people and that's what I want to do.

            Just keep up the good work

            Originally Posted by Steven Wagenheim View Post

            Can I ask (you don't have to answer if you don't want to) what was it
            particular that I shared that helped you?

            The reason I'm asking is because I sometimes wonder if I do any good
            at all as I really get very little feedback from my list...even my customers.

            It helps to know what you're doing that's actually helping others.
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            • Profile picture of the author condra
              I've been at this stuff for about 2 months, and I've so far had minor successes and minor failures. The minor failures go into the bin, and the minor successes go into the RRR folder - Refine, Rinse, Repeat!
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      • Profile picture of the author Hanz
        Originally Posted by Steven Wagenheim View Post

        I find it interesting that unlike myself, you took one big leap. I got to
        where I am very slowly a little at a time.

        Just goes to show you that there is no time limitations on this. You can
        get there as quickly as YOU are able to do it.

        Congrats on your success so far. That's quite an inspiring climb.
        I was the complete opposite. I didn't even know what 'slowly a little at a time' even meant. I just jumped right in full steam and decided "Ah what the heck, I'll deal with the problems as they come."
        Did you ever watch the Laurel & Hardy classic "The Devil's Brother"? I took a page out of their book.
        In the movie, they're struggling, bumbling, hard-working folk saving pennies and spending carefully in hopes to retire in their old age. The next minute, some bandits rob them of everything and the duo realize they'll have to start at the very bottom again. That's until Laurel comes up with the brilliant idea of "Starting from the top!"
        Upon questioning, he says something along the line of "Why should we start from the bottom and work hard for nothing when we can just become bandits too and get it the easy way? We can just jump right to the top!" :p
        The point here is a lot of people would rather jump in without any idea of what they're doing and risking failure. They'd rather just go to the top, meaning building a site and competing with 50 million other sites as opposed to the 'profitable niche with small competition' route.
        In my case, I was already working full time and decided to give IM a try so I wasn't under any real pressure to make things work. It was a hobby at the time. I read a lot of manuals and how-to books and then jumped right in...carefree.
        I'd say to beginners that this is the incorrect way of doing things. It's best to do as Steven did which is to build slowly bit by bit. Never jump into anything unless you enjoy risk. Chances are you'll fall flat on your face and give up IM.
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  • Profile picture of the author InternetM39482
    It wasn't failing actually, it was fun lol.

    I tried a lot of stuff, different things to make money. I made *some* money with almost everything I tried but nothing was as big, or as interesting (to me, at least) as site flipping! So I stuck with it and made a lot of money there.

    It wasn't failure at all. I learned a LOT from all that I did. Long hours of searching for tech tidbits on Google made me pretty good at techy things and that helped me a lot with Site flipping. Learning copywriting, etc helped me with my product sales, etc. All in all, whatever I learned contributed to my success today.
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  • Profile picture of the author TheKeys
    I wouldn't say I failed.. I just didn't know as much as I now know. I would give it a good year before I realized how much money I could be making.
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  • Profile picture of the author zoobie
    It is how you define the word 'failure'. Well, to me it basically means knowing the truth or reality of certain things. For example, IM is a truly competitive field hich it is generally hard to compete with big guys in the first place. It is NOT just a failure but to know the niche is generally harder to compete compare with others niches.
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  • Profile picture of the author tylerdrun
    Every Day...
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  • Profile picture of the author JayXtreme
    I've got a whole different thing going on than most.

    I was using I.M. to turn a profit in my fathers business, long before I was doing my own stuff... so I never really "failed" in that sense...

    I used the internet in my own home business to generate leads etc.. so after using it in two previous "jobs", it was easy for me to make the transition into supporting/expanding my own portfolio. It wasn't easy, and I didn't do it quickly, but I was upto speed in 6 months or so after making the switch.

    But I like to think that I am failing each and every day as I learn new stuff.

    Peace

    Jay
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  • Profile picture of the author MichaelHiles
    It's not a fair question for me to answer because in 1994, the .COM balloon was filling with air at a rapid pace. All one had to do was know how to put up a decent looking, functioning website, and demonstrate the ability to actually complete a project on time and under budget (surprisingly difficult for a whole lot of people). Market growth took care of the rest.

    My very first project was $50K to do a product website for a small retail automotive software company that ended up being acquired by Reynolds & Reynolds.

    I sure do miss those days.

    So as far as failures go... all of mine involved hanging onto what I had gained... operational efficiencies, human resources, lawsuits, bad investments, taxes, etc... all the stuff you deal with in a business AFTER someone buys something.
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  • Profile picture of the author Lett
    Amazing thread. I guess that i still fail and learn,they are the same.
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