Ok Busters...Tell Me How Much Do You Exactly Earn?

The questions show more the mindset of the person asking them than anything
else.

I'm not offended by them but I am certainly not going to ever entertain
the notion of entering into any kind of business arrangement with these
people because they're obviously in a completely different place than I'm
in.

Personally, I don't care what anybody makes. It has no effect on my
business. I'm not impressed by money that others make nor am I put off
by the failures of the rest. Neither makes it so that I will be either
successful or a failure. The only thing that determines that is the effort
that I put into my business.

So let them ask.

They're only showing what they're not made of.

That is better alot then some who can't earn as they need . For me after getting married and had child in my family every month my finacial was negative for 2008 to 2010 early this year . Now i get better alot after 2 years suffering . Im glad i could make a come back haha

~Ty

In my humble opinion it´s an apples to oranges issue. You get hired as a doctor for XYZ hospital at a given rate and you know how much money you will make by putting X Y or Z amount of hours. Same goes for Lawyers.

Then you find out it´s not necessarily that easy getting a job in Hospital XYZ that pays that top amount. Perhaps you end up working on Medicare for a lower rate. but it´s still a rate. Same with lawyers, top firms versus small firms, social services or whatever. Perhaps you end up as a paralegal for 30k a year when you thought you could get a 100k job at BIG FIRM INC.

On the other hand, you get a job as a sales rep on commission and it matters little to nought how many hours you put in, what matters are your number of sales, the amount per sale and the payout of the business hiring you. Some people are naturally better at it and make a ton of money on commissions fom day one.

Others are not so gifted but get there after putting varying amounts of effort in learning and implementing. Most people don´t make it far.

In comes Internet Marketing. The goal is usually the same: to make sales (If anyone still believes the old Copywriting technique of "you will not have to sell anything" you need to rethink your whole strategy. If no money changes hands no commissions will go your way).

By sales you can define anything from straight purchases to lead generation ( you are selling a qualified prospect to a person skilled in selling products) to Adsense ( you provide a medium in which Google´s advertising can be efficiently sold and Google pays you for you results in providing that medium).

You really cannot quantify the amount people can make. There are some metrics that can help you see a number of possible outcomes but no more than that. Let me illustrate with a brief example:

X product, which sells on Clickbank for $100 gives out a 75% commision. From here you derive that:

1.- 1 product sold a month gives gross payout of $75 (minus CB´s cut)
2.- 10 units sold amonth willgross $750 gross.
3.- If you can find another 3 products with the same payout you will be on $3000 gross a month.

And so on. From that point it is all about business acumen, metrics and understanding how to work efficiently towards your targets.

It involves researching if the markets you sell to are Green, Mature, Evergreen or plain impossible.

It involves knowing the best medium to get to your customers ( spending 1k on advertising an electric wheelchair type of scooter for the elderly in a radio station with 10k listeners a month with a target audience aged between 15 to 34 will give you probably worse results than advertising it in a specific magazine specializing in lifestyle for the elderly with the same number of readers, provided they charge the same rates. The same happens in IM.

It involves knowing your metrics, your costs and a lot more ( I would put more examples but the post is turning into a novel so I´ll skip that).

The point is, there is a great number of variables and decisions to be made that will directly affect your income so you cannot really give anything like an approximate figure. I bet you the farm someone like, say, Steve Wagenheim (I´m a fan of the guy) will generate more money in a 40 hour week than most of this forum´s members in 4 such weeks. It´s not necessarily down to him being more gifted than most of us ( although it could be).

Most likely it took him an inmense amount of work and a steep learning curve before he got to that point. Most people are not ready to put the effort in that will give them the output they need, want or simply dream of.

Some will require more hours, some will require better methods, some require reevaluating their entire idea. (I´m not even gonna get into the reputation part of it and how it can make or break your business).

That is the reason you will see some members giving it to you straight, Simon Cowell Style. They want you to save the effort if it is going to be half hearted.

You cannot possibly expect to get here, read the forum everyday, make 10 posts a day and next week complaint that you aren´t making any income. That is not how this works. Not at all.

I hopeI wasn´t too harsh and remember, this is just my opinion so don´t take it the hard way.

Hahaha

$200, 21 hours, one month, one year.

So get cracking!



cheers
Sam

This particular post, is the exact difference between people who are here to learn, and end up with a real decent income after a few months of learning, and those who spend years wasting their own (and others) time with useless conversations.

Ok...I am making $100,000 a month promoting products as an affiliate, and $100000000 selling my own products...

Did these figures really make a difference for you or any other member here?

On the other hand, what if the questions asked are about specific issues related to affiliate marketing/product creation...do you believe there will be much more great tips and insights?

What if, instead of asking about my exact conversion rates and insides of my business (the information that I won't be happy to reveal, because I know it can be simply used by others against me and my business) the question be about how I get excellent conversion rates, and how I was able to improve the conversions over time?

I am not talking about people asking for help to improve their business, I am talking about those who insist to ask about exact figures and insider information.


A. Bary