Do You Have What It Takes To Make A MILLION DOLLARS?

75 replies
I love playing with numbers. If you break down the numbers, one million is 1,000 times 1,000.

That means if you charged $1,000 for a product or service (like an SEO package to offline businesses, etc) you would only need to sell it to one thousand customers to generate one million dollars.

If your product or service was $500, you'd have to sell two thousand. That doesn't seem like many does it?

There are over 100,000 people on this forum alone that are all potential customers as long as you offer a product or service of value that actually lives up to its claims.

If you promote a product from Clickbank as an affiliate that pays around $30 commission per sale, you'd have to sell 33,333 units to make a cool million dollars.

How far are you from making a million? Do you think you have what it takes to make it?
#dollars #make #million #takes
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    • Profile picture of the author Shane N
      Originally Posted by Jeremy Kelsall View Post

      A million over what period of time?
      Good question. I have seen Frank Kern sell out 500 copies of his product(s) at $2,000 each in just an hour or two... That's the fastest million I have seen made up close! I guess I didn't specify a time period in my OP, but the main question is whether or not you feel you have what it takes to break the barrier and reach those numbers (which aren't that high when you think about it from a certain perspective...)

      Thanks for your response bro.

      Best,
      Shane
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  • Profile picture of the author Imran Naseem
    Banned
    You would certainty need a very responsive list and have a product that would really make a good impression on the market.

    Possible? Yes..

    Frank Kern does it year and year out

    Million Dollars is possible online - you have the right market for the right product then yes.
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    • Profile picture of the author Shane N
      Originally Posted by Imran Naseem View Post

      You would certainty need a very responsive list and have a product that would really make a good impression on the market.

      Possible? Yes..

      Frank Kern does it year and year out

      Million Dollars is possible online - you have the right market for the right product then yes.
      Hey Imran, thanks for your response. Oh, I am well aware that it is possible to make a million dollars online I was just trying to inspire others and get a conversation going about how easy it is for some people and how others think it is an impossible feat to achieve...
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  • We're all one deal away from a million dollars.
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  • Profile picture of the author John Atkins
    Originally Posted by Shane Natan View Post


    That means if you charged $1,000 for a product or service (like an SEO package to offline businesses, etc) you would only need to sell it to one thousand customers to generate one million dollars.

    If your product or service was $500, you'd have to sell two thousand. That doesn't seem like many does it?

    There are over 100,000 people on this forum alone that are all potential customers as long as you offer a product or service of value that actually lives up to its claims.

    If you promote a product from Clickbank as an affiliate that pays around $30 commission per sale, you'd have to sell 33,333 units to make a cool million dollars.

    Don't forget about tax, advertising costs etc... Several people have
    made over a million dollars in sales, but very few of those people
    have a million dollars in their hands.

    Making over 1 million dollars without spending anything is
    impossible.
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    • Profile picture of the author tekitall
      Originally Posted by IM Headlines View Post

      Don't forget about tax, advertising costs etc... Several people have
      made over a million dollars in sales, but very few of those people
      have a million dollars in their hands.

      Making over 1 million dollars without spending anything is
      impossible.
      Yeah thats the hard part I made over a million dollars in an offline business that I used to have, but only got a little over a $100,000 for myself and worked 15 hours a day to get it . Now if I can just make 200 or $300,000 online working just a fraction of that time without employees and having to pay benefits would be great. Can't avoid taxes.
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  • Profile picture of the author kidder
    Passed 1.4million in GS a while back. it took a few years, last year was the best with a net of over 350k and one deal that made us over $100k after a nice gain on the exchange rate. (A site flip) I have a client / associate who makes over $1000 per day net from adsense, ebay and direct advertising. Not everything works so you need to test and test and test until you find a way to make things work.
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  • Profile picture of the author grafx77
    Good job with the numbers.
    My philosophy is- if someone has made it, why can't I?

    The issue is understanding the opportunities out there and choosing the best: For you.
    Once that is done, you work very hard and smart towards that goal. Avoid side shows. Go for the kill.
    Simple, is it? No. Possible: Yes, very possible.
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    • Profile picture of the author Shane N
      Originally Posted by grafx77 View Post

      Good job with the numbers.
      My philosophy is- if someone has made it, why can't I?

      The issue is understanding the opportunities out there and choosing the best: For you.
      Once that is done, you work very hard and smart towards that goal. Avoid side shows. Go for the kill.
      Simple, is it? No. Possible: Yes, very possible.
      And that's exactly my point. It's very possible, but yet so many people never reach out quite far enough to grab it...

      Of course a million dollars in sales is different from a million dollars in profit. But either way, it takes a certain mindset to achieve these types of numbers.

      Best,
      Shane
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  • Profile picture of the author Dennis Gaskill
    Shane - Very interesting post. I'm almost ashamed to say it, but I've never really thought of it that way. A lot of people would have a hard time believing they could create a product worth $1,000, but even with a $200 product you only need to sell 5,000 units.

    That's doable.
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    • Profile picture of the author Silas Hart
      Originally Posted by Dennis Gaskill View Post

      Shane - Very interesting post. I'm almost ashamed to say it, but I've never really thought of it that way. A lot of people would have a hard time believing they could create a product worth $1,000, but even with a $200 product you only need to sell 5,000 units.

      That's doable.
      Or say you create a great service that charges a monthly fee of $42 (actually, $41.66). If you get 2,000 people to sign up, and you hook them into staying for an entire year... that's One million dollars a year.
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  • Profile picture of the author sloanjim
    Even those overnight "successes" do not really happen overnight do they? You only need to get rich once...so if it's in afew years time no sweat. Keep working at it. It'll happen.
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  • Profile picture of the author sloanjim
    Do you mean on this forum? I have sold a lot of $2,000+ products.

    people would have a hard time believing they could create a product worth $1,000
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  • Profile picture of the author Ricci Cox
    Originally Posted by Shane Natan View Post

    I love playing with numbers. If you break down the numbers, one million is 1,000 times 1,000.

    That means if you charged $1,000 for a product or service (like an SEO package to offline businesses, etc) you would only need to sell it to one thousand customers to generate one million dollars.

    If your product or service was $500, you'd have to sell two thousand. That doesn't seem like many does it?

    There are over 100,000 people on this forum alone that are all potential customers as long as you offer a product or service of value that actually lives up to its claims.

    If you promote a product from Clickbank as an affiliate that pays around $30 commission per sale, you'd have to sell 33,333 units to make a cool million dollars.

    How far are you from making a million? Do you think you have what it takes to make it?
    Hey Shane,

    Cool post. Very thought provoking!

    I must admit I had never thought of it like that. When you break it down like that, selling a $1,000 product or service a thousand times does sound very achievable doesn't it?

    I think its worth adding, that making a $million is also really achievable with a small (but quality) list.

    I have read lots of books on business and from successful entrepreneurs, including successful internet marketers (who have all made $millions by the way) and alot of them have done it with a relatively small customer base...

    ...because such is the quality of their products/service that they get repeat business from their customers for years and years (sometimes life) and can easily make $5-10,000 per customer.

    In which case if you made $5,000 per customer on average, say over a 2-3 year period, you could make a $MILLION with just 200 customers in just 24-36 months.

    Now that really does sound acheivable doesn't it...?
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  • Profile picture of the author H3x
    I made it half way between April 09 and April 2010, hoping to make more from April 2010 to April 2011.
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    • Profile picture of the author sumedhaakolkar
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      Good post. I think It's possible. But you must have the right approach towards the IM market.
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  • Profile picture of the author Karan Goel
    Hey Shane.

    I just saw another Math-marketer. There was this thread in the War Room named Math for Marketers. You must watch the videos and try the spreadsheet Jack provided. It was a great eye-opener. Just too awesome.

    And selling 1000 copies at $1000 is a bit of (huge) task. Why not sell 5 products with 1000 copies of each $100 one? Much more feasible.

    Karan
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    • Profile picture of the author LetsGoViral
      Hey, guess what. I know an even easier way how to get 1 million dollars. Make a product and price it at one million. Now, you only need to make 1 sale!! Theoretically this should be easier to sell, let's say, million copies of a $1 product.
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  • Profile picture of the author DaveMassingham
    Shane, if you like numbers think about this
    If you have 100,000 members and 7% are responsive to your email (if you had them all on your email marketing list) then you only have 7000 people open your email. If you have 7% of those 7000 people buy your $60 product where you receive $30 from each sale, then you would have 490 sales. $30 x 490 = $14,700

    To make a million dollars does take time, effort, perseverance and persistence.
    Never give in. Anyone can do anything when they put their mind to it
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    • Profile picture of the author naruq
      If you sell a high ticket Item with a combination of Leverage and residual income you can earn 1 Million per year.
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  • Profile picture of the author Maria Gudelis
    HEy Shane buddy - nice to see you prompting that question...

    I've done it - and that's profit - cash in bank (not $1M with then 1/2 to affiliates, another 30% to overhead and then you brag about it and say I made this...when u didn't oh the magical 'guru' world eh?

    Here's my take on it

    1. Most important - you have to have the right MINDSET...if you don't believe you can do it - then heck - game over.

    If you don't believe you deserve it...then game over too. And 99% of us have been programmed for 'not deserving it' - think about it - since we were kids - the term "filthy rich" come to mind in a 'not so good vibe' when we were young? Followed up with society saying 'there, there, go work for a corporation and get a OMG...stable job and pay taxes and support society...

    baaa..baaa....baaa...follow the sheep and ....

    OK - i'll back off that as let's get down to it:

    3. YOu need a business plan for it - no ifs' and buts about it - STOP chasing shiny objects and get your game on, FOCUS and go for it...

    4. That biz plan better be around a subject that you are passionate about and IS a great hungry cash rich market.

    E.g. we all know consulting is a HUGE market (and has been around since Babylon days - this 'offline' thing is isn't a new magical creation..it is another marketing channel for your consulting biz..

    ...and as late great Jim Rohn asks: "What turns you on when you get up in the morning?"

    Find that passion - keep trying different roads til you find it - bumps and falls along those roads are normal...JUST GET BACK UP! Makes you stronger!

    4. Agreed with fellow warrior comments above - break it down...

    Then think bigger - why not $1 Million a month??

    Breaking it down - makes you think about what systems and staff you need in place to support

    e.g - 1,000 customers at $1000 - would require a great customer relationship management software that will cost ya at least $60k or so (and that's not google docs )

    How about 100 customers at $10 grand? That is easier to reach than you think.

    What could be offered by you for $10 grand - ponder this seriously - it is doable - very doable. Your Cost of Goods sold 50% - ok - then you need 200 customers...

    Point is

    A. set the goal
    B. work backwards from the goal
    C. establish your sales/mktg and support systems to match the goal.
    (e.g. if I am selling a $10k social media package up to $xxx,xxx custom projects - then I need 2 full time sales reps who HAVE a great rolodex of corporate contacts (just because that's faster to get those sales)

    even less customers - can require extensive systems in place - so you KEEP the customer! and upsells are then possible!

    ONe of my clients has only 15,000 to 16,000 in their list - that company does over $20 Million per year...not bad - but I will tell you they invested heavily in their technology architecture to support their customers.

    They surrounded themselves with the best talent and partnered with strategic players to make it work.

    Think about what 'power team' can you surround yourself with to make it happen.

    Heck , this forum is one hell of a POWER team...it is for me...great jewels in here to help you boost your bank account, mindset, and join other like minded individuals (just watch out for getting too distracted from too many wso's, shinny objects )

    Hope that helps!


    Write it down , commit to it, keep it as your financial dashboard.

    Oh - and one last thought - one I've been 'pondering' myself lately - why not raise funds/bank loan/money parnter...

    And buy a 'ailing ' business who is doing "old school" marketing...

    Apply what YOU know for marketing and online marketing to TURN THE BUSINESS around...

    then SELL IT!

    That will be a FAST $Million$

    eg. - right now their is a dental office /practice for sale I know of for $500,000 - they have NO Online presence...heck - not even a website! - hmmm..... ONe could buy it - turn it around with what we all know works online and offline to drive more business...and profit big...

    Cheers, Maria Gudelis
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    • Profile picture of the author Shane N
      Originally Posted by Maria Gudelis View Post

      HEy Shane buddy - nice to see you prompting that question...

      I've done it - and that's profit - cash in bank (not $1M with then 1/2 to affiliates, another 30% to overhead and then you brag about it and say I made this...when u didn't oh the magical 'guru' world eh?

      Here's my take on it

      1. Most important - you have to have the right MINDSET...if you don't believe you can do it - then heck - game over.

      If you don't believe you deserve it...then game over too. And 99% of us have been programmed for 'not deserving it' - think about it - since we were kids - the term "filthy rich" come to mind in a 'not so good vibe' when we were young? Followed up with society saying 'there, there, go work for a corporation and get a OMG...stable job and pay taxes and support society...

      baaa..baaa....baaa...follow the sheep and ....

      OK - i'll back off that as let's get down to it:

      3. YOu need a business plan for it - no ifs' and buts about it - STOP chasing shiny objects and get your game on, FOCUS and go for it...

      4. That biz plan better be around a subject that you are passionate about and IS a great hungry cash rich market.

      E.g. we all know consulting is a HUGE market (and has been around since Babylon days - this 'offline' thing is isn't a new magical creation..it is another marketing channel for your consulting biz..

      ...and as late great Jim Rohn asks: "What turns you on when you get up in the morning?"

      Find that passion - keep trying different roads til you find it - bumps and falls along those roads are normal...JUST GET BACK UP! Makes you stronger!

      4. Agreed with fellow warrior comments above - break it down...

      Then think bigger - why not $1 Million a month??

      Breaking it down - makes you think about what systems and staff you need in place to support

      e.g - 1,000 customers at $1000 - would require a great customer relationship management software that will cost ya at least $60k or so (and that's not google docs )

      How about 100 customers at $10 grand? That is easier to reach than you think.

      What could be offered by you for $10 grand - ponder this seriously - it is doable - very doable. Your Cost of Goods sold 50% - ok - then you need 200 customers...

      Point is

      A. set the goal
      B. work backwards from the goal
      C. establish your sales/mktg and support systems to match the goal.
      (e.g. if I am selling a $10k social media package up to ,xxx custom projects - then I need 2 full time sales reps who HAVE a great rolodex of corporate contacts (just because that's faster to get those sales)

      even less customers - can require extensive systems in place - so you KEEP the customer! and upsells are then possible!

      ONe of my clients has only 15,000 to 16,000 in their list - that company does over $20 Million per year...not bad - but I will tell you they invested heavily in their technology architecture to support their customers.

      They surrounded themselves with the best talent and partnered with strategic players to make it work.

      Think about what 'power team' can you surround yourself with to make it happen.

      Heck , this forum is one hell of a POWER team...it is for me...great jewels in here to help you boost your bank account, mindset, and join other like minded individuals (just watch out for getting too distracted from too many wso's, shinny objects )

      Hope that helps!


      Write it down , commit to it, keep it as your financial dashboard.

      Oh - and one last thought - one I've been 'pondering' myself lately - why not raise funds/bank loan/money parnter...

      And buy a 'ailing ' business who is doing "old school" marketing...

      Apply what YOU know for marketing and online marketing to TURN THE BUSINESS around...

      then SELL IT!

      That will be a FAST $

      eg. - right now their is a dental office /practice for sale I know of for $500,000 - they have NO Online presence...heck - not even a website! - hmmm..... ONe could buy it - turn it around with what we all know works online and offline to drive more business...and profit big...

      Cheers, Maria Gudelis
      Wow Maria. What a killer response! Now we're talking... It is indeed much easier to reach a million by offering a larger ticket item or service. And your points are spot on. Thank you for your contribution to this thread!

      Best,
      Shane
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  • Profile picture of the author DogScout
    Hi Maria,
    Nice to see you too. I've put more than a million up my nose. (don't do that anymore)
    don't see why doing it on line would be different than doing it off line which I have done several times over. Just for me it takes a little longer due to medical impediments.
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    • Profile picture of the author Maria Gudelis
      Originally Posted by DogScout View Post

      Hi Maria,
      Nice to see you too. I've put more than a million up my nose. (don't do that anymore)
      don't see why doing it on line would be different than doing it off line which I have done several times over. Just for me it takes a little longer due to medical impediments.
      LMAO!

      Yup - 'offline' is a road too....really isn't that hard once one know's it's possible!
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  • Profile picture of the author JayXtreme
    Yes.

    Already there. And it was number crunching like you laid out above that allowed me to do it...

    Peace

    Jay
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  • Profile picture of the author enwereuzo
    Good topic. I have my eye on that mark. It is achievable, but for you to do this you need 1. A great system for every thing. 2. A great product. One question i always ask is can you do this through adsense alone. Some people earn $1000 per day. Think of it, how many article do you need to put in a day to achieve it. At times quantity over quality comes in , but in all quality articles count.
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    • Profile picture of the author Alexa Smith
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      [DELETED]
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      • Profile picture of the author Shane N
        Originally Posted by Alexa Smith View Post

        Interesting point.

        I'm not at all sure that a simple, linear calculation is necessarily valid, actually. If 2 articles per day are producing $1,000 per month for a particular product, I don't think it necessarily follows that 10 articles per day will produce $5,000 per month. It may depend on other variables and imponderables. For myself, in this instance, I instinctively ask "How should I get my articles more widely re-published by other people?" rather than "How many more articles should I write?".
        Excellent point Alexa. I've had one article make me tons of money, but the next one that I cranked out didn't perform half as well... It's all about syndication as you're saying. Also, when they stick to Google, that's when they really perform well.

        I'll take $1,000 a day though!

        Best,
        Shane
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        • Profile picture of the author wjtyoung
          Belief

          Persistence

          Action

          Dedication

          If you lack one it can kill your chances.

          I don't remember where I saw it but a quote I like is "There are a million ways to make a million dollars, you only need to find one"

          There are tons of people who have made a million, but there are also a ton who have made it and spent every penny of it too (like me Thats why I am working on my next million.
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  • Profile picture of the author trelog
    Im hoping to make a million this year
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  • Profile picture of the author John Henderson
    Someone on WF mentioned an online gardening forum that charges only $1/month for membership, but has 500,000 members.

    I think that this approach -- reaching a lot of people very cheaply -- leverages the scaling power of the internet much better than trying to sell a $1,000 offer to 1,000 people. JMO.
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    • Profile picture of the author Shane N
      Originally Posted by John Henderson View Post

      Someone on WF mentioned an online gardening forum that charges only $1/month for membership, but has 500,000 members.

      I think that this approach -- reaching a lot of people very cheaply -- leverages the scaling power of the internet much better than trying to sell a $1,000 offer to 1,000 people. JMO.
      Absolutely correct. But you have to keep in mind that a lot of people on this forum (including myself) have the ability to charge $1,000 (and a lot more) for SEO/consulting services to OFFLINE businesses... So although you're pretty spot on about the online part, but my OP was referring to both online and offline.

      On the flip side of this token however, there are many people who can sell $1,000+ products online and get hundreds of purchases within minutes with no problem whatsoever.

      Just food for thought...

      Best,
      Shane
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    • Profile picture of the author vikingmarketer
      Originally Posted by John Henderson View Post

      Someone on WF mentioned an online gardening forum that charges only $1/month for membership, but has 500,000 members.

      I think that this approach -- reaching a lot of people very cheaply -- leverages the scaling power of the internet much better than trying to sell a $1,000 offer to 1,000 people. JMO.
      Actually funny you mention it.

      I have thought about trying to do some kind of business model like that
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  • Profile picture of the author johnben1444
    With the combination of time and hard work, we can all get there.
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  • Profile picture of the author Chris Manetzke
    I try to look at it like, once you get the math down and figure out x number of sales you need to make to reach your goal, that I have to whatever it takes to get to that number of sales. If you have the dedication and motivation as well as the work ethic you will achieve your goal. Setting a goal like this has helped me a lot and really kept me focused.


    I also write down my goals on a white board so I can see them every day.


    Chris
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  • Profile picture of the author saraward
    Banned
    I have what it takes to make 1 million dollars. But I'm very far from it.
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  • Profile picture of the author Alexa Smith
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    • Profile picture of the author Shane N
      Originally Posted by Alexa Smith View Post

      There are also far more living in poverty than ever before, don't forget. There are more people living now than ever before. More millionaires, more in poverty and more in-between.
      ALSO... There are more millionaires now than ever before simply because so many BILLIONAIRES lost so much money in the recession that they are now only millionaires!

      Best,
      Shane
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  • Profile picture of the author John Romaine
    If theres someone here with a list of real estate agents, I only need to sell 333 copies of my product and Im there.
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    • Profile picture of the author Dennis Gaskill
      Originally Posted by ramone_johnny View Post

      If theres someone here with a list of real estate agents, I only need to sell 333 copies of my product and Im there.
      Not too hard to find them via Google. I'm not telling you your business, but I'd start collecting their names and mailing address, then start sending out brochures. Tell them you're only selling one copy to one person in each town on a first come, first buyer only basis. You might find quite a few that want to be the only real estate agent in town with your ... whatever it is.

      Then again, you might have several agents that pool together to buy it to be the only agency in town with it, but you don't care about that when it's your march to a million!

      It combines local scarcity with a national abundance of towns. I'm in!

      Of course, with the real estate market what it is right now, unless your product is about overcoming a down market, you might have to wait or lower your price point. I've seen quite a few people getting out of the business in the last couple of years.
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  • Profile picture of the author tribros
    1 unique idea, 1 unique high ticket item, 1000's of responsive subscribers, good network = 1MIL

    Guys, high ticket is the key to mil... so far as I've seen on IM niche. it's hard to make a mil selling 7bucks or 49 bucks ebooks, softwares etc...
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    • Profile picture of the author Shane N
      Originally Posted by tribros View Post

      1 unique idea, 1 unique high ticket item, 1000's of responsive subscribers, good network = 1MIL

      Guys, high ticket is the key to mil... so far as I've seen on IM niche. it's hard to make a mil selling 7bucks or 49 bucks ebooks, softwares etc...
      I know what you're saying, but if you think about what other Warriors have said about leveraging the power of the internet and how many people are on it everyday (hundreds of millions) -- Selling low ticket items can be a ticket to a million bucks just as high ticket items!

      If you have a $10,000 product/service and sell it to 2 people, it's not as financially rewarding as selling something for $5 and selling 100,000 copies. And it's very possible. Especially with almost 200,000 members right here on this forum that love to buy products and services of value!

      Best,
      Shane
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      • Profile picture of the author Maria Gudelis
        Originally Posted by Shane Natan View Post

        I know what you're saying, but if you think about what other Warriors have said about leveraging the power of the internet and how many people are on it everyday (hundreds of millions) -- Selling low ticket items can be a ticket to a million bucks just as high ticket items!

        If you have a $10,000 product/service and sell it to 2 people, it's not as financially rewarding as selling something for $5 and selling 100,000 copies. And it's very possible. Especially with almost 200,000 members right here on this forum that love to buy products and services of value!

        Best,
        Shane
        ...Adding to it...(wow - this is gREAT collaboration going on in this thread)

        ...Leads to the 'perfect storm' so to say why not both models?

        Sell low ticket and high ticket...most of us probably do - if not - well as Dan Kennedy would say something like - "Get some brass balls, practice in front of the mirror asking for $25,000"

        Most of us sell WSO's and have under $100 items...and if you are indeed in the local business consulting market or 'consulting' market as more GLOBAL businesses need your stuff too...you also sell 10k and up services / items as well....

        e.g - my company has a $100 real estate software web-based 'toolkit' that is the lead gen to $5k up to $50k training/services/workshops

        e.g. - you could have $7, $97 (as example for prices) webinars/symposiums leading up to $10k offerings for the 'done for you' business owner / executive market.

        The biggest issue (and goodness I have it ) - is focus! We are entrepreneurs and part of our make up is being ADD!

        Cheers Maria Gudelis
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        • Profile picture of the author Dunder
          The gurus have been giving us the sales funnel approach for yeasr now.

          Start with free, then $7/17 then $47 then $97/197 then hit them with the big ticket.

          Using Big Mike's strategy of big numbers of small things, it's easy to believe you can get to $1m.

          (Great very motivating thread)
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        • Profile picture of the author Shane N
          Originally Posted by Maria Gudelis View Post

          e.g. - you could have $7, $97 (as example for prices) webinars/symposiums leading up to $10k offerings for the 'done for you' business owner / executive market.

          The biggest issue (and goodness I have it ) - is focus! We are entrepreneurs and part of our make up is being ADD!

          Cheers Maria Gudelis
          Hey Maria,

          This is something that I am currently preparing to get into. Hosting a seminar to offline business owners with the intention of contracting them for $10k+ SEO and Internet Marketing packages.

          However, I like the idea of having a 'system' or software to sell them, as opposed to being in 'debt' to them with months and months of labor and support, etc.

          How do you handle this type of thing, I am sure you outsource some of the labor?

          Best,
          Shane
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  • Profile picture of the author butters
    Most people in life will technically earn a million dollars. Here in the UK, the average wage is about £20k, if you work for 30 years at that, you will earn £600k, without bonuses etc... That would translate roughly into a million dollars so most people, in first world countries will earn a million dollars.

    So I obviously could earn a million dollars but my aim is to do it in a much shorter amount of time .
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    • Profile picture of the author Shane N
      Originally Posted by butters View Post

      Most people in life will technically earn a million dollars. Here in the UK, the average wage is about £20k, if you work for 30 years at that, you will earn £600k, without bonuses etc... That would translate roughly into a million dollars so most people, in first world countries will earn a million dollars.

      So I obviously could earn a million dollars but my aim is to do it in a much shorter amount of time .
      LOL. Excellent point butters. Many people in the US make about $30,000 - $40,000 per year which would earn them a million dollars in just 33 years, or just 25 years if they make $40k per year!

      However, like you said... Who wants to make a million dollars in 33 years?!

      I can see the WSO now... "How To Make $1,000,000 In Just 33 Years!"

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  • Profile picture of the author orlando cassara
    I believe anyone can with dedication, motivation, and consistency are able to reach that amount.
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  • Profile picture of the author Venturetothetop
    Well Im 3 months into my challenge to raise 1 million and I think Im going to smash it. (But I have already done it before, so the mindset was always there)

    The problem really is not gaining the million, but it's keeping it and growing it. Too many people do not know how to sensibly handle their money, so even though they may raise a million, they will still end up poor later in life.

    Find a mentor and get working.... nest year we all go on a millionaires cruise...
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    • Profile picture of the author Dennis Gaskill
      Originally Posted by Venturetothetop View Post

      Well Im 3 months into my challenge to raise 1 million and I think Im going to smash it. (But I have already done it before, so the mindset was always there)

      The problem really is not gaining the million, but it's keeping it and growing it. Too many people do not know how to sensibly handle their money, so even though they may raise a million, they will still end up poor later in life.

      Find a mentor and get working.... nest year we all go on a millionaires cruise...
      That's a good point. Many, if not most lottery winners, end up being worse off than they were before they won after a few years. It has to do with what T Harv Eker calls your "money blueprint" in his book, Secrets of the Millionaire Mind.
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  • Profile picture of the author Flavian Mwasi
    Hi Shane,

    I've just joined the Warrior Forum and came accross your discussion thread - very, very interesting...

    Most other contributors such as Imran Naseem made very interesting comments on the topic...

    I thought I should also make a contribution since I'm also "million-dollar" material - It seems like a dream to the average guy, but to a guy who has a big dream, a success formula and is prepared to pay the price this is more than possible.

    Savvy internet marketers are making such figures every other day. As a matter of fact this happens to be my target number in a year's time since I believe I have what it takes to get there.

    As long as you have a good success formula and are prepared to pay the price I don't see why anyone who has a big dream can't make the one million dollar figure!

    Consider one of my favourite quotes:

    "The successful warrior is the average guy with laser-like focus".

    - Martial arts legend, the late Bruce Lee


    Cheers and God bless,
    Flavian
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    • Profile picture of the author Shane N
      Originally Posted by Flavian Mwasi View Post

      Hi Shane,

      I've just joined the Warrior Forum and came accross your discussion thread - very, very interesting...

      Most other contributors such as Imran Naseem made very interesting comments on the topic...

      I thought I should also make a contribution since I'm also "million-dollar" material - It seems like a dream to the average guy, but to a guy who has a big dream, a success formula and is prepared to pay the price this is more than possible.

      Savvy internet marketers are making such figures every other day. As a matter of fact this happens to be my target number in a year's time since I believe I have what it takes to get there.

      As long as you have a good success formula and are prepared to pay the price I don't see why anyone who has a big dream can't make the one million dollar figure!

      Consider one of my favourite quotes:

      "The successful warrior is the average guy with laser-like focus".

      - Martial arts legend, the late Bruce Lee


      Cheers and God bless,
      Flavian
      Thanks for your post Flavian. That's just it... So many people are not prepared to "pay the price" (as you put it) in order to achieve their dreams.

      They have the success formula (heck, there are tons of success formulas on the Warrior Forum for FREE) but it's taking action, paying the price and having laser-like focus that separates the millionaires from the dreamers...

      Best,
      Shane
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  • Profile picture of the author John Romaine
    I really have to find 333 real estate agencies/agents !
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    • Profile picture of the author Dennis Gaskill
      Originally Posted by ramone_johnny View Post

      I really have to find 333 real estate agencies/agents !
      If you don't want to spend money at it:

      Google is your friend. Search for Wisconsin Realtors (or whatever state you want) and you'll usually find one or more professional realtor organizations. Searching for Wisconsin Realtors brought the Wisconsin Realtors Association as the first search result. From there I clicked "Find a Realtor" then clicked on the section of the state I was interested in and was given a listing of all the realtors in that region that belong to that organization. Click on their name and you'll have all the contact info.

      If you don't mind spending a little money at it:

      Go here: http://www.geoselector.com/geoselect...eProcess3.aspx

      Choose Standard Selection / Choose a state / Choose the entire state or the region / enter the category of business (start typing real estate and the form will suggest that term and other related terms) / Click Save and Continue

      I selected Connecticut and got this:

      Total Number of Records Available: 2,784
      Total Number of Records to order: 2,784
      Total Price for Order: $192.10

      You get 2,784 leads for under $200. Not bad.

      Hope that helps.

      PS - I haven't done business with this company so I'm not recommending them. There are other mailing list brokers, you just have to hunt them down. Search for: mailing list broker, or direct mail marketing, or similar wordings.
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      • Profile picture of the author John Romaine
        Originally Posted by Dennis Gaskill View Post

        If you don't want to spend money at it:

        Google is your friend. Search for Wisconsin Realtors (or whatever state you want) and you'll usually find one or more professional realtor organizations. Searching for Wisconsin Realtors brought the Wisconsin Realtors Association as the first search result. From there I clicked "Find a Realtor" then clicked on the section of the state I was interested in and was given a listing of all the realtors in that region that belong to that organization. Click on their name and you'll have all the contact info.

        If you don't mind spending a little money at it:

        Go here: GeoSelector - Select your mailing list

        Choose Standard Selection / Choose a state / Choose the entire state or the region / enter the category of business (start typing real estate and the form will suggest that term and other related terms) / Click Save and Continue

        I selected Connecticut and got this:

        Total Number of Records Available: 2,784
        Total Number of Records to order: 2,784
        Total Price for Order: $192.10

        You get 2,784 leads for under $200. Not bad.

        Hope that helps.

        PS - I haven't done business with this company so I'm not recommending them. There are other mailing list brokers, you just have to hunt them down. Search for: mailing list broker, or direct mail marketing, or similar wordings.
        Thanks Dennis. Once my product is ready, you will be my first point of contact for an affiliate offer. Im hoping to be able to offer big commissions When I say big, I mean anywhere between $250 - $1,000 per sale.
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        • Profile picture of the author Dennis Gaskill
          Originally Posted by ramone_johnny View Post

          Thanks Dennis. Once my product is ready, you will be my first point of contact for an affiliate offer. Im hoping to be able to offer big commissions When I say big, I mean anywhere between $250 - $1,000 per sale.
          Sounds like you're really cooking up something special, Johnny. I'll be looking forward to learning more about it. How far out are you from the finished product?

          By the way, I'm personal friends with a couple of real estate agents here if you want to get feedback on it from a buyer perspective.
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          • Profile picture of the author John Romaine
            Originally Posted by Dennis Gaskill View Post

            Sounds like you're really cooking up something special, Johnny. I'll be looking forward to learning more about it. How far out are you from the finished product?

            By the way, I'm personal friends with a couple of real estate agents here if you want to get feedback on it from a buyer perspective.
            Hopefully another 3 weeks before Im done, BUT I would really appreciate some feedback on it. Infact Id GIVE it to agents so that it could be tested. But only to agencies where there would be heavy multiple usage.

            I could be miles off with my intended pricing, which is why I need the feedback.
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            • Profile picture of the author Dennis Gaskill
              Originally Posted by ramone_johnny View Post

              Hopefully another 3 weeks before Im done, BUT I would really appreciate some feedback on it. Infact Id GIVE it to agents so that it could be tested. But only to agencies where there would be heavy multiple usage.

              I could be miles off with my intended pricing, which is why I need the feedback.
              Now you've got me really curious. Can you tell me a little more about it? You can PM me if you don't want to post it, or we could connect via Skype if you have that.

              As for the realtors I know, one is a family friend and her daughter and son-in-law (an old softball buddy) are both agents. I know a few others just because we've bought 2 houses in the last 3 years, but I wouldn't call them friends. I could contact them on your behalf though once you're ready with your product to see if they'd be interested. Shane (the OP) is also an agent.
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              • Profile picture of the author Shane N
                Originally Posted by ramone_johnny View Post

                Hopefully another 3 weeks before Im done, BUT I would really appreciate some feedback on it. Infact Id GIVE it to agents so that it could be tested. But only to agencies where there would be heavy multiple usage.

                I could be miles off with my intended pricing, which is why I need the feedback.
                Originally Posted by Dennis Gaskill View Post

                Now you've got me really curious. Can you tell me a little more about it? You can PM me if you don't want to post it, or we could connect via Skype if you have that.

                As for the realtors I know, one is a family friend and her daughter and son-in-law (an old softball buddy) are both agents. I know a few others just because we've bought 2 houses in the last 3 years, but I wouldn't call them friends. I could contact them on your behalf though once you're ready with your product to see if they'd be interested. Shane (the OP) is also an agent.
                Yea Ramone, let me know a few details about your product/service and I can tell you whether or not your price seems reasonable, etc. I may also be able to get you in touch with serious real estate agents in South Florida and New York City...

                Best,
                Shane
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        • Profile picture of the author Shane N
          Originally Posted by ramone_johnny View Post

          Thanks Dennis. Once my product is ready, you will be my first point of contact for an affiliate offer. Im hoping to be able to offer big commissions When I say big, I mean anywhere between $250 - $1,000 per sale.
          Originally Posted by Dennis Gaskill View Post

          Sounds like you're really cooking up something special, Johnny. I'll be looking forward to learning more about it. How far out are you from the finished product?

          By the way, I'm personal friends with a couple of real estate agents here if you want to get feedback on it from a buyer perspective.
          I am also a real estate agent (Although I don't practice much these days) but I am licensed in Florida if that helps at all let me know and maybe I can help as well!

          Best,
          Shane
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  • Profile picture of the author nichemarkets
    Banned
    Originally Posted by Shane Natan View Post

    I love playing with numbers. If you break down the numbers, one million is 1,000 times 1,000.

    That means if you charged $1,000 for a product or service (like an SEO package to offline businesses, etc) you would only need to sell it to one thousand customers to generate one million dollars.

    If your product or service was $500, you'd have to sell two thousand. That doesn't seem like many does it?

    There are over 100,000 people on this forum alone that are all potential customers as long as you offer a product or service of value that actually lives up to its claims.

    If you promote a product from Clickbank as an affiliate that pays around $30 commission per sale, you'd have to sell 33,333 units to make a cool million dollars.

    How far are you from making a million? Do you think you have what it takes to make it?

    How about instead of making lots of sales you aim to make just ONE sale only to make a million. A million dollar commission is possible in the right market.
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  • I have made so far half a million in the last 2.5 years (ever since I started in IM). I hope to reach one million by 2012. Boy, it's going to be one special day...
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  • Profile picture of the author nimitkashyap
    This is insane, I am not even able to make $2/day, I dont know when i would be able to make my first million. But, I know that I will surely make millions.
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  • Profile picture of the author MarketingSPY
    Yes, anyone can make a million dollars "online" - but it's a SECRET.

    The big secret is to find an honest "millionaire" mentor - but when or "if" you do, then simply immitate your mentor. He/she will explain the exact steps to earning a million dollars a year.

    The reason most marketers struggle is because they do not take the time to find an honest mentor who can speed up the process of success. Most marketers are scammed by so-called Intenet marketing "gurus". Many "gurus" do not care if you make a penny as long as their products are sold. Be careful. Don't go broke buying "how-to" get rich products from so-called "gurus".

    Happy Trails!
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  • Profile picture of the author dejon97
    This is exactly how I approach things so I'm loving this discussion. I find that breaking a goal down into "easily digestible chucks" makes it more feasible to achieve.

    My plan for the next 12 months is to build 20 passive low-overhead "systems" that each on average generates $5000 per month. Once accomplish, not only will I have my mill, I will be in a position to spin up 20 more of these puppies, theoretically doubling my income.

    Don't get me wrong. Would I like to be able to crank out a high ticket product and make a mill in a day or so? I'm not crazy. Of course, I would. However, IMHO, creating and selling a high-ticket product requires management of too many moving parts, carries a fair amount of risk, and ties up resources.

    In conclusion, it's important to note that it really doesn't matter how you do it as long as you get'er done. On Saturday June 4, 2011 from noon until 4 pm, I will be at the Venetian in Vegas at the main bar buying drink for anyone who comes up to me and says "I'm a Warrior". As a matter of fact, wouldn't that be a good time to have a huge Warrior Forum meetup? Let's make it happen.
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    • Profile picture of the author Shane N
      Originally Posted by dejon97 View Post

      This is exactly how I approach things so I'm loving this discussion. I find that breaking a goal down into "easily digestible chucks" makes it more feasible to achieve.

      My plan for the next 12 months is to build 20 passive low-overhead "systems" that each on average generates $5000 per month. Once accomplish, not only will I have my mill, I will be in a position to spin up 20 more of these puppies, theoretically doubling my income.

      Don't get me wrong. Would I like to be able to crank out a high ticket product and make a mill in a day or so? I'm not crazy. Of course, I would. However, IMHO, creating and selling a high-ticket product requires management of too many moving parts, carries a fair amount of risk, and ties up resources.

      In conclusion, it's important to note that it really doesn't matter how you do it as long as you get'er done. On Saturday June 4, 2011 from noon until 4 pm, I will be at the Venetian in Vegas at the main bar buying drink for anyone who comes up to me and says "I'm a Warrior". As a matter of fact, wouldn't that be a good time to have a huge Warrior Forum meetup? Let's make it happen.
      So you're saying 20 systems that generate $5,000 month would be a million dollars... You must mean over the course of 10 months? That is still great income, don't get me wrong!

      Sometimes a high ticket item requires many moving parts and risk as you said, and other times it doesn't. Think about the people who sell "ideas" for millions of dollars...

      And yes, a Warrior meet up in Vegas would be awesome!

      Best,
      Shane
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  • Profile picture of the author tush
    The truth is, most people do NOT have what it takes to make a million dollars. There are so many huddles to jump. Most people easily give up. I have observed this from the few years I have been online. The biggest challenge is jumping from one model to another hoping there is one thing which will do the magic...lol

    Do I have what it takes? Absolutely! It is only that sometimes I get distracted and I will either make it or die trying...lol
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    • Profile picture of the author Shane N
      Originally Posted by tush View Post

      The truth is, most people do NOT have what it takes to make a million dollars. There are so many huddles to jump. Most people easily give up. I have observed this from the few years I have been online. The biggest challenge is jumping from one model to another hoping there is one thing which will do the magic...lol

      Do I have what it takes? Absolutely! It is only that sometimes I get distracted and I will either make it or die trying...lol
      I see your point of view, but I'm not sure if I agree with what you're saying...

      The older I get, the more I realize that ANYONE CAN DO ANYTHING. It's all a matter of putting your mind to it, manifesting it and making it happen.

      Best,
      Shane
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      • Profile picture of the author tush
        Originally Posted by Shane Natan View Post

        I see your point of view, but I'm not sure if I agree with what you're saying...

        The older I get, the more I realize that ANYONE CAN DO ANYTHING. It's all a matter of putting your mind to it, manifesting it and making it happen.

        Best,
        Shane
        Shane, I agree with you, 100%... NOTHING IS IMPOSSIBLE, But my point here is, how many people are able to manifest, put their mind to anything and make it happen? Not very many. A big percentage always gets carried away
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  • Profile picture of the author laird
    Shane:

    Why not start up a peer group challenge? May 1st 2010 to May 1st 2011. Monthly check-in thread? I'd be up for it.

    Del
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  • Profile picture of the author Dwight Anthony
    I like how this guy thinks. Thought the same myself a few times.


    Originally Posted by Shane Natan View Post

    I love playing with numbers. If you break down the numbers, one million is 1,000 times 1,000.

    That means if you charged $1,000 for a product or service (like an SEO package to offline businesses, etc) you would only need to sell it to one thousand customers to generate one million dollars.

    If your product or service was $500, you'd have to sell two thousand. That doesn't seem like many does it?

    There are over 100,000 people on this forum alone that are all potential customers as long as you offer a product or service of value that actually lives up to its claims.

    If you promote a product from Clickbank as an affiliate that pays around $30 commission per sale, you'd have to sell 33,333 units to make a cool million dollars.

    How far are you from making a million? Do you think you have what it takes to make it?
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  • Profile picture of the author RodriguezC
    Good Math. But I think I'm on my way
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  • Profile picture of the author John Romaine
    Thanks guys - will do. Just gotta wrap it all up first and make sure its stable.
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  • Profile picture of the author Nyhm
    When you put it that way $1,000,000 seems so easily obtainable.
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