Anyone not in a hurry to make money?

Exrat - thanks. Nice to see other people think this way. There is a lot of noise from the "Take Action Action Action / Sleep is for wimps / Do 100 hours a week" camp especially on guru websites, perhaps not so much on WF.

I think it is important to question why you are doing this. I started off because I wanted to create a cool site that lots of people visited. I then got obsessed with making money, and making it quick. Now I want to get back to the roots of what I enjoyed and let the money flow when it is ready.

If I create, for example a piece of software and work a bit each week to make it better, and give my customers a great service (or as best as I can) then eventually people will love the product. It may take months to get traction and make a lot of money, but I can think all along the way that I am playing for the long term.

As an analogy - For months I had a personal pension. I paid in a modest sum. 2 years later i've made 50% profit on what I paid in. I only checked my statement recently! And I didn't obsess about it. I didn't check my statement every month. I had a system and forgot about it and it worked! I need to think of IM a bit like that - it is more like a pension or investment than a get-rich-quick gig. "Slowly slowly catchey monkey", as I once heard on "The Office (UK)".

Hi Ruth P,

I hope it doesn't sound like I'm arguing! I'm not, I'm just enjoying the conversation and exchange of perspectives -

If someone sent you a donation and said - 'here's the money to go travelling' then I think that there's a possibility that your travels wouldn't be as productive/enjoyable/fulfilling compared to this happening instead -

• you set your mind on earning the money to be able to afford to go travelling
• you did what was required, but it wasn't so easy or quick to achieve it

My point being that although a part of us wants to do the things we really want to do 'right now', we get much more out of the experiences if we have to apply patience, resilience, endeavour and determination in order to achieve them.

If this natural order of things didn't apply, then there would be absolutely no need (IE no reward) for any of us to develop those abilities - they would be useless - and if that were the case, as a species we would probably never have got this far. (EG Edison's light bulb cliche).

An interesting thread. I would like to coin the phrase, "When expecting yourself to only slowly progress, you will find yourself rapidly learning"

When any of us can narrow our focus to one essential thing at a time, we typically excel. It is when attempting to cram too much into our heads when the system breaks down because we instinctively avoid progress and the mess we made of what was supposed to be so simple.

This is a point which makes me wonder if you could manipulate a learning course's success rate by simply conveying it is tough to get it all setup in the sales copy instead of saying it is so easy. Let your customers take a challenge instead of push an imaginary easy button, The 30 Day Challenge comes to mind.

To me it is also kind of funny to ponder how in the beginning, knowing nothing about internet marketing, the draw was the money/work ratio. Perhaps it was just me, but while I was working a different job and began seeing this method or that system for making money online, I actually bought into it and expected to make a million dollars in ten seconds with my eyes closed.

Then I went through a phase where I was extremely frustrated and pretty much sick and tired of it thinking it was all a pipedream and I got suckered.

Then, with a small bit of success, my whole mindset changed. Now the focus isn't about how much money in how much time, but only how much of setting up what I know works in how much time. Where can I make the process more efficient or get the same results, be it graphics, writing, or site structure setup in less time. The money is basically irrelevant considering my confidence in putting forth the needed effort to accomplish what I know I need to. After the setup, it sits there and eventually begins to convert, meanwhile I am already doing it again with a new site and the same process.

How much each individual site actually makes though is not something I have come to be concerned with quite honestly, unless it is zero. I have begun to drift into only creating sites around things I am interested in because I then enjoy the process more, rather then the first few where I spent a lot of time analyzing how much potential they had to make big money. Considering the cost of setting up a site and how one sale a month typically covers that cost, seems logical to not really worry about changing my own personal proven system.

How though to incorporate that psychology and eventual progression into a product's sales pitch is where my focus has been for awhile now. It is the 64 million dollar question and we all know the competition plays on making it all seem as easy as possible. I think it would make a big difference for a customer to expect a challenge instead of a simple push button scenario but that is what triggers them to buy in the first place.

I guess it is also pertinent to consider I am a niche site guy setting up affiliate offers to primarily physical products, which in a recent thread is considered to not even be a worthwhile thing to do. I still completely disagree with that and consider myself to be heading up a satisfyingly successful business though.

Just my random $.02 for today, good thread though!

Hi whoisbenjamin,

You seem to have veered away from the point a little here, I believe.

dvduval said -

So if I rang you up and said 'let's play tennis' - what would you say? Would you be too busy to play?

And how would you perform on the court? Would you be relaxed or hurried?

If you are choosing a business model based purely on how quickly you can make money, then in my experience it's likely that you will end up unhappy and unfulfilled, plus you're actually lessening your chances of success by not following a path chosen because it 'fits you like a glove'.

Most of the people I encounter who base their choices on the same criteria as yourself, are actually putting off all of the 'living life' stuff on the basis that they can do all of that stuff once they have zoomed to success - but unfortunately, due to the above-mentioned problems, they never get there and spend all of their time on the 'conveyor-belt' referenced above.

I take the path I do and don't hurry down it for the same reasons as you do the opposite -

But I guess you are saying that money buys you that freedom, whereas I am saying that the pursuit of money at a fast pace denies that freedom.

Hi InternetSuccess001,

I've actually found the opposite to that point - when my stomach is grumbling, the wolves are right outside the door etc - I'm at my most alert, alive, focussed and capable.

When the bank account is fat, I start to resemble the bank account.

This industry is probably just like the "Make a billion dollars tomorrow in the commodities market" investment industry.

Many folks in the investing industry and this industry make lots of money "Mining the miners" - selling all kinds of advice, service, and gizmos to folks not making any money in the industry.

As far as I can see Google supplies all the tools you need and there are free products and services will get you rolling. Spending money on gurus who are good at "mining the miners" will simply empty your wallet and demoralize you.

Don't ask me for the free products, services, and Google tools that help you do this - you need to put in sweat equity and stop relying on folks offering easy solutions to hard work. If you don't work 14 - 16 hours a day learning and doing then you will never make it in this industry or any other industry.

So stop looking for fast and easy fixes for $7 - if they worked in the first place that person would never sell them for $7 for for $70,000. I have bought many of these "Get rich by being lazy" products and only one of them is what I use on a daily basis - its a program to make spinning an article as easy to do as using a word processor.

Best of luck and I won't comment any further on this topic.

Hi Dean,

I think you answered your own question -

The second (factual) quote is incongruent with the first. To change the second, you need to change the first, first.

Perhaps you should consider this statement (which was given as an explanation for the first quote, above) -

...and question it's validity and how you arrived at that conclusion.

I also find it odd that you give this example to make your point -

and the next thing I see is this thread.

Obviously, I'm not suggesting that all marketers should create their own graphics from scratch. But in the thread you say -

You 'won't spend days trying to figure it out', but you'll 'search high and low' to find someone who has so that you can pay them for the exact same stuff that's being used by everyone else, yet you'll never develop the skills needed to personalise the graphics yourself - easy and quick once you 'spend a few days on it' learning the basics.

Do you not think that you managed to highlight there, the downside of being in such a rush to 'start earning as much money as possible, in the shortest possible time'?

I am in a hurry because as you get older things become harder and at a ripe old age there are things one cannot no matter how much is in the wallet.

If I was 18 then yes I don't mind taking the time to get there. I am 30something, I know it will be more difficult in the 40s, 50s, 60s and so on. It become difficult to learn new tricks and often you find 'older' folks with health issues not seen with youngsters.

It is better to get there soon rather then later but eveyone is entitled to do as pleased.

The issue with trying to make money in a hurry, is you are likely to set up business and do things in such a way that the foundation is very weak from the outset.

While you may have some short term success, because the foundation is weak it usually won't last.

It reminds me some of these so called auto tools sold to newbies which try to game the search engines etc to get you quick results, yes you may make some money quickly but it is only a matter of time before you are banned, because by taking a short cut you have a weak and risky foundation to start with.

Often taking your time, building a solid foundation for your business and doing things properly is far more beneficial (and profitable) in the long run.