Allen has said that he wants to keep this section of the forum to making money matters, which, hopefully, this post will do.
I turned my entire newsletter today over to answering a tough question that one of my readers sent me over the weekend, and thought my answer might be of use/interest to people who might be in the same boat.
Stock exchanges across the globe appear to have stepped back from
the brink after the disastrous falls at the end of last week.
News of governments agreeing to coordinated support plans for
their countries banks seems to have instilled a little much
needed confidence from investors as markets opened again this
week. One can only hope that the glimmer of hope is sustained.
However, what is certain is that regardless of what the money
markets do in the short term, or how quickly the banking system
stabilizes, world economies are heading into recession for the
rest of 2008 and probably most of 2009.
That means that we all face a year or more of financial
It means that many jobs are suddenly a lot less secure.
It means that belts will have to be tightened and that for some
people, the future could involve some real hardships.
Why am I writing such doom and gloom words?
The reason is that with so many of us staring a bleak future in
the face, it has never been more important to look for ways to
augment and bolster the household budgets.
With tens, or even hundreds of thousands of people facing the
very real prospect of being laid off at work, there has never
been a more critical time to look for alternative ways to make an
I'm not going to try to sell anything in today's Kickstart -
let's get that straight from the beginning. Today I want to talk
objectively about a subject that is of real subjective interest
to all of us, and clouding the issue by attempting to make money
from it won't help matters.
The subject is clearly on many people's minds, but it has come to
the forefront of mine this weekend because of an email I received
It was from a Kickstart reader, who shall remain nameless. In it,
"Martin, I'm turning to you for advice because I don't know who
else to trust and I get the feeling that you won't blow smoke at
me like so many of the gurus would. My situation is pretty bad
right now and I have some hard decisions to make which I hope you
can help me with.
I've been told that I should expect to be laid off at work soon,
and I know that the prospect of finding something else is slim. I
might be able to get minimum wage work if I'm lucky, but there
isn't much going on where I live. I have a wife and two kids and
very little in the way of savings. I don't think we will starve,
but I'm really frightened about the future and feel powerless to
do much of anything about it.
My question to you is this...do you really, honestly, think that
I can make enough money to feed my kids and pay my mortgage
through Internet marketing? You write about this program and that
all the time, but do you really think that any one of them could
be the lifeline I need?"
The email was a lot longer than that, but I've trimmed and
paraphrased it to make the core question clear.
And what a question it is!
It boils down to this: does Internet marketing really work, or is
it yet another bunch of hooey from people trying to extract money
from people who can least afford it.
My answer might surprise you.
First of all, there are many people for whom Internet marketing
will never work. It is true. Some people, no matter how much they
spend on this program or that, this latest greatest course, or
that over-hyped ebook, will never in a million years be able to
make more than coffee money online. They are just not suited to
it, and it isn't suited to them.
Why? Well, for starters, there are always some people who won't
take advice. They read all the books, listen to all the experts
and decide to go about things in their own sweet way. And usually
that way is wrong.
Then there are the people who, no matter how simple you make it
for them, still resent the idea that they have to do some of the
work for themselves. they constantly fight against the idea of
putting any personal effort in - even to the extent of expending
more effort in their resistance of working than they would in
just getting on with it.
And there are people, surprisingly quite a lot, who seem
constantly intent on clutching failure from the jaws of victory.
These are the people who start out well, follow all the right
advice, but somewhere between making a brilliant start and
reaping the rewards of their success, manage to derail their own
efforts. I feel particularly sorry for these people because they
work so darned hard and then just throw it all away.
Sadly many of those people who have a go and fail are then left
with the view that all Internet marketing is a scam and anyone
peddling ways to make money online are con men and scammers.
The truth is that Internet marketing isn't the magic wand or the
panacea of all goodness that many who sell its virtues might
promise. It is very possible to fail, and usually because of
faults in your own nature. There ARE bad programs out there and
it is very much a case of caveat emptor (buyer beware) but more
often than not the people selling ways to make money have good
Failure in Internet marketing is rarely a costly business. You
might be out of pocket a couple of hundred dollars and a few days
of your time, but nothing like the risks involved in failure at a
bricks and mortar business.
Okay, so we've established that it might not work - but look at
the reasons for failure again - they are rarely down to the
marketing principle being at fault. The failures are most often
due to the characters of the people who are half-heartedly having
Let's flip the subject on its head now and look at what it takes
But first, let me assure you that with the right attitude, and
the correct success-oriented mindset, success is very possible.
I know a lot of people from all walks of life who are very
successful as online marketers. People who have gone from barely
being able to turn a computer on, to making a full time living
online (and yes, giving up their day job) in a remarkably short
space of time.
It IS possible. I should know - I do it myself. Just yesterday
(which was a Sunday) I made more money in one day than many
families make in a month. It was an exceptional day - I don't
claim to do that every day (I wish!) but it shows that if a
particularly unexceptional person like me can do it, anyone can.
Success in Internet marketing takes a few basic character traits:
* The ability to listen
* The ability to learn
* The ability to adapt
* The ability to experiment
* The ability to keep going
Then you need some other fundamental traits:
* A willingness to seek advice
* An excitement to turn your computer on each day
* An understanding that you are dealing with a vast global market
* The honest acceptance that just because one thing you try
doesn't work, that doesn't mean that all Internet marketing is a
* A healthy degree of realism - overnight riches are about as
likely to fall your way as winning the lottery.
Also, you need to understand that 'Internet marketing' takes many
different forms. I like to write, so I've adapted my online
activities to take advantage of that. Other people are good at
graphics, or are excellent with detail, or are good dealing with
people and build their online businesses around their particular
skills. There isn't just one way to be successful online - there
are as many different ways as there are successful marketers!
The trick is to find what works for you.
If you already have those traits, or can learn them, and
understand that despite some of the wilder claims made by people
selling money-making plans, Internet marketing takes hard and
sustained work, then you might just be one of the people who it
will work wonders for.
Because for the right people, with the right attitude and the
right mindset to succeed, making money via the Internet is a very
So, to answer the question: "My question to you is this...do you
really, honestly, think that I can make enough money to feed my
kids and pay my mortgage through Internet marketing?"
I really, honestly believe it can be done. If you start now,
before you are absolutely against the wall, you will have time,
hopefully, to build a real business that can sustain you - if you
have the character traits you will need.
The good news is that you don't need to spend any real money to
find out. Buy a domain for under ten dollars and some hosting and
create a WordPress blog. You don't need to buy any high priced
courses or ebooks just yet. You don't really need to buy
anything. Learn the ropes, consult the Warrior Forum for ideas
and support - heck, even read up on the details of what you need
to do on my free online course at http://imkickstart.com
If the economy is really about to go to hell in a handbasket, it
seems a good idea to me to build some insurance into your life by
starting an online business that might very well see you through
the recession with a big smile on your face.