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

by A Bary
23 replies
This is what I exactly feel being asked when I see those "increasingly popping up" threads, asking about exact figures of business.

I know this will be controversial, but can't hold it anymore in my chest...

This forum is -by far- the best place to learn how to do business and become a successful online entrepreneur..

There re hundreds of amazingly successful marketers and entrepreneurs who are willing to provide outstanding help and guidance.

However, this doesn't mean they are obligated to answer questions like:

-How much money do you exactly make?
-What is your EXACT conversion rates with "x affiliate program"?
-How much do you earn from "x affiliate network"?

And other questions like:

-Tell me how to make $3000 this week from ClickBank/Amazon...


I think these questions are not smart, and they are putting many great minds off on this forum who can provide great advice and guidance.

Sorry if anyone feels offended by this thread, this is my own opinion and I am entitled for it...but it's just an idea to make this place much better.

A. Bary
#busterstell #earn
  • Profile picture of the author SeanyG
    Those questions don't put me off. Questions like that show why the poster isn't successful yet. They are focused on the wrong things!

    Newbies should be asking questions like:

    - How can I find a large group of people that have a huge problem or frustration that they can't find a solution to?

    - How can I test and prove that there is a need for my business idea / niche idea (whatever)?

    - What business model best solves the needs of the niche / market that I have found?

    - How can I create value to other people knowing that people will only pay for value?

    I know this all sounds pretty cliche but its true. Digging for %s and income levels of other people won't help you. Every business and niche will have different numbers. Taking action and asking the right questions will make them the income they desire!
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  • Profile picture of the author derh
    Goldmine,

    I agree, some things so go without saying. Ya know.
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  • Profile picture of the author entrepreneurjay
    Yeah I agree know one should ask how much you make its none of their business.

    If you want Internet marketing tips feel free to ask but asking those kind of questions are rude, and counter productive.
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    • Profile picture of the author Steven Wagenheim
      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.
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    • Profile picture of the author PGdealer
      Originally Posted by Robert Puddy View Post

      I earn more than i need, but not as much as i'd like

      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
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  • Profile picture of the author John Henderson
    If somebody suggested to me that I should go to medical school to train to be a doctor (a course which will take 7 years of my life and run up hundreds of thousands of dollars in debt), I would want to know how much money I could expect to earn after graduating to remunerate that commitment.

    Similarly, I could go and look up the kind of earnings that a lawyer or a helicopter pilot or a baker could hope to earn, and that would help me to decide whether the remuneration is worth the time, effort and money of training for that profession. It would also inform me of the kind of lifestyle I could expect to afford.

    And yet, there is no guide to earnings in IM, and when anyone tries to get straight answers about how much time IM takes to learn, when they can expect to see an income from it and how much that income might be, they're quickly dismissed.

    Frankly guys, I don't see how it's possible for a newbie to work out whether IM will pay for their food and rent without asking how much money can be made.

    Just my two pence...
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    • Profile picture of the author SantiSantana
      Originally Posted by John Henderson View Post

      If somebody suggested to me that I should go to medical school to train to be a doctor (a course which will take 7 years of my life and run up hundreds of thousands of dollars in debt), I would want to know how much money I could expect to earn after graduating to remunerate that commitment.

      Similarly, I could go and look up the kind of earnings that a lawyer or a helicopter pilot or a baker could hope to earn, and that would help me to decide whether the remuneration is worth the time, effort and money of training for that profession. It would also inform me of the kind of lifestyle I could expect to afford.

      And yet, there is no guide to earnings in IM, and when anyone tries to get straight answers about how much time IM takes to learn, when they can expect to see an income from it and how much that income might be, they're quickly dismissed.

      Frankly guys, I don't see how it's possible for a newbie to work out whether IM will pay for their food and rent without asking how much money can be made.

      Just my two pence...
      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.
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      • Profile picture of the author Steven Wagenheim
        Originally Posted by SantiSantana View Post

        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.

        .
        . (Edited Out)
        .

        I hopeI wasn´t too harsh and remember, this is just my opinion so don´t take it the hard way.
        One of the best posts I have read on this subject in 7 plus years of doing
        this. I honestly could not have said it any better.

        And thank you for the kind words.

        For the record, it took me 5 months at the beginning to make $28. I was
        close to a total failure.

        After that, it took years of 14 hour days to reach a point where I can
        basically work a few days a month (literally) and make more money than
        I made working 14 hours a day 7 days a week.

        Steep learning curve? It was a mountain.

        Most people really don't have a clue how much there is to learn and asking
        questions like "How much can I make" are literally impossible to answer
        with anything other than "nothing to millions" because that is basically
        the truth.

        How much you make will depend on everything you said.

        Again...great post.
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  • Profile picture of the author samstephens
    Frankly guys, I don't see how it's possible for a newbie to work out whether IM will pay for their food and rent without asking how much money can be made.
    I agree with the idea - but it is the wrong question to ask...and here's my thoughts why:

    When I first came here, I was new to internet business, and I was really curious about whether or not the people on this forum that were passing around advice were really making any money.

    Why? Because I wanted to know if I spent time learning from these people, would it be a complete waste of time, or were these people actually successful?

    It's a fair enough question, and I think it's something everyone should ask rather than just blindly following whoever talks the loudest.

    But the question shouldn't be "how much do you make", it should be "how much work is involved in creating a full time income from this?"


    IM isn't like getting a job as a doctor or lawyer - it's about running a business. We can find out salary ranges for a lawyer, but we can't find out how much a law firm makes.

    No one here is on a salaray - everyone is running a business. And how much a business earns is dependant on so many factors - not just the award wage as dictated by the government/unions.

    So here's the questions I think every newbie should ask:

    1) On average, how much money will I need to launch my business?

    2) How many hours should I expect to spend in my business each day/week?

    3) Depending on the hours I spend, how long will it be until I turn a profit?

    4) Depending on the hours I spend, how long until I can make a full time income?


    The answer to those questions are the ones that'll really impact your business.

    cheers
    Sam
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  • Profile picture of the author John Henderson
    Uhhh Sam, I've got 4 questions for you....

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    • Profile picture of the author samstephens
      Originally Posted by John Henderson View Post

      Uhhh Sam, I've got 4 questions for you....

      Hahaha

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

      So get cracking!



      cheers
      Sam
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  • Profile picture of the author Andyhenry
    I can understand why a newbie might think they deserve such details and answers but the truth of the matter is - every single answer would be different.

    It's the same as asking which business model should you pick out of the thousands available - it's up to you.

    If you can't get enough information together to justify your plan or make rational business decisions - DON'T START THE BUSINESS!!!!

    Your business should not be based on what other people have done with their business.

    When one person tells you they do article marketing and make $20k a month and then 150 others tell you they do the same thing but don't make any money - is that going to help you? How about if 1 person makes nothing and 150 make $20k a month?

    You already know that there's a LOT of money being spent online and offline - so of course there's money to be made in most business models, but the devil is in the details and you're not going to get the details from anyone so craving other peoples results will end up just being used as another excuse for why you're not getting your own results.

    To be honest I think you're much better off using your own brain to work out whether your business plan makes sense.

    If everyone came here and told you that they make great money doing article marketing - you can bet a bunch of newbies would all start doing article marketing assuming they will make money - and the whole rationale for their business model "because some people I don't actually know told me on a forum that they made money doing it". Try taking that to your bank manager for a business loan.


    It's YOUR responsibility to make your plan and work it.

    How much money someone else makes - irrelevant

    How much time someone else spends working to make their money - irrelevant.

    How much time YOU spend - VITAL!!
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  • Profile picture of the author Epictetus
    Great thread. I didn't read all the replies, but I have to agree with Sam. I believe that if money is the only motivation to doing something. Then it will never be a passion and you most likely will not excel at the work.
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  • Profile picture of the author jamx03
    I personally like this type of question, NOTHING WRONG in there.

    What is amazing is when this kind of question is asked people who have nothing good to contribute to that particular thread, jump and advise that question about revenue/income should not be asked...this is a public platform and if you do not want to answer go away but instead of answering the question do not advise NOT TO ASK SUCH QUESTIONS.

    Basically, our main aim is to make money online unless you are here for different reason that is just put out a site out there and provide information (well good luck with your competition with wikipedia...), but we are all in here to make money and it is absolutely not unreasonable to ask how much income potential is there in a particular method or technique or how much is other person is making. If you are not interested in money do not answer... fine. I do not answer lost of questions which I do not like and same goes true for lots of other warriors but people have right to ask any question to their liking so far it is not obscene that is what forums are for.

    I have never seen any WSO here announced without possibility of potential income, so yes income/revenue does matter and it is absolutely legitimate and OK to ask questions regarding income and revenue.

    I got best advice when I actually asked about realistic income and revenue.
    That is what we call "cut to the chase"...

    Just my 2 cents...
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    • Profile picture of the author A Bary
      Originally Posted by jamx03 View Post

      I personally like this type of question, NOTHING WRONG in there.

      What is amazing is when this kind of question is asked people who have nothing good to contribute to that particular thread, jump and advise that question about revenue/income should not be asked...this is a public platform and if you do not want to answer go away but instead of answering the question do not advise NOT TO ASK SUCH QUESTIONS.

      Basically, our main aim is to make money online unless you are here for different reason that is just put out a site out there and provide information (well good luck with your competition with wikipedia...), but we are all in here to make money and it is absolutely not unreasonable to ask how much income potential is there in a particular method or technique or how much is other person is making. If you are not interested in money do not answer... fine. I do not answer lost of questions which I do not like and same goes true for lots of other warriors but people have right to ask any question to their liking so far it is not obscene that is what forums are for.

      I have never seen any WSO here announced without possibility of potential income, so yes income/revenue does matter and it is absolutely legitimate and OK to ask questions regarding income and revenue.

      I got best advice when I actually asked about realistic income and revenue.
      That is what we call "cut to the chase"...

      Just my 2 cents...
      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.
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      • Profile picture of the author jamx03
        deleted to avoid finger pointing...
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  • Profile picture of the author Qamar
    Originally Posted by goldmind123 View Post

    This is what I exactly feel being asked when I see those "increasingly popping up" threads, asking about exact figures of business.

    I know this will be controversial, but can't hold it anymore in my chest...

    This forum is -by far- the best place to learn how to do business and become a successful online entrepreneur..

    There re hundreds of amazingly successful marketers and entrepreneurs who are willing to provide outstanding help and guidance.

    However, this doesn't mean they are obligated to answer questions like:

    -How much money do you exactly make?
    -What is your EXACT conversion rates with "x affiliate program"?
    -How much do you earn from "x affiliate network"?

    And other questions like:

    -Tell me how to make $3000 this week from ClickBank/Amazon...


    I think these questions are not smart, and they are putting many great minds off on this forum who can provide great advice and guidance.

    Sorry if anyone feels offended by this thread, this is my own opinion and I am entitled for it...but it's just an idea to make this place much better.

    A. Bary
    First of all, I am not offended and I personally have not ask such questions here in this forum or anywhere else. But I am surprised with the majority of answers given for this thread.

    I mean what's wrong for a newbie or and "oldbie" who haven't make a dime on the internet to ask this questions???

    Maybe they need some motivations and assurance that they too can make money online and are not wasting their time doing things that are not clear to them?

    If you really do make real money, what's wrong in saying that?

    Like "yeah I make $5000- $10000 a month doing affiliate marketing and I made my sales mainly from article marketing...or " yeah I made money selling to newbies some fake systems on how to make money online.."

    It is not rude to ask those questions and it's a noble thing to do by answering them with the actual facts. Provided it is the facts and not some "fantasy"

    One more thing, why is it acceptable to brag your income and system in the sales letter but it's rude for people to ask the same questions here in the forum. I just can't understand the philosophy behind this "it's rude to ask that questions" or " I won't bother to answer that personal questions.." thingie...

    We are all here trying to or already making business. And If money is not our main goal than I don't see being here can bring any good to anyone.


    Qamar
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    • Profile picture of the author A Bary
      Originally Posted by Qamar View Post

      First of all, I am not offended and I personally have not ask such questions here in this forum or anywhere else. But I am surprised with the majority of answers given for this thread.

      I mean what's wrong for a newbie or and "oldbie" who haven't make a dime on the internet to ask this questions???

      Maybe they need some motivations and assurance that they too can make money online and are not wasting their time doing things that are not clear to them?

      If you really do make real money, what's wrong in saying that?

      Like "yeah I make $5000- $10000 a month doing affiliate marketing and I made my sales mainly from article marketing...or " yeah I made money selling to newbies some fake systems on how to make money online.."

      It is not rude to ask those questions and it's a noble thing to do by answering them with the actual facts. Provided it is the facts and not some "fantasy"

      One more thing, why is it acceptable to brag your income and system in the sales letter but it's rude for people to ask the same questions here in the forum. I just can't understand the philosophy behind this "it's rude to ask that questions" or " I won't bother to answer that personal questions.." thingie...

      We are all here trying to or already making business. And If money is not our main goal than I don't see being here can bring any good to anyone.


      Qamar
      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
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  • Profile picture of the author samstephens
    I think what a lot of this stems from is the need to know if it IS possible to make money on the internet. And that's a fair enough question.

    To newbies, this all seems like voodoo, so is it a real business? Can money be made? And if so, good money?

    The answer is yes.

    There is money to be made on the internet. From what I gather, most people make extra spending money, some people make a full time income either matching or better than what they'd get working as an IT professional, and a small number of people are making millions.

    And those figures are pretty close to offline business as well.

    Can you have a financially viable online business? Yes. A lot of people in this forum are living that reality.

    But remember, you're running a business. That's what this is - not internet voodoo, but a real business that just happens to trade online.

    cheers
    Sam
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  • Profile picture of the author keliori
    Originally Posted by goldmind123 View Post

    This is what I exactly feel being asked when I see those "increasingly popping up" threads, asking about exact figures of business.

    I know this will be controversial, but can't hold it anymore in my chest...

    This forum is -by far- the best place to learn how to do business and become a successful online entrepreneur..

    There re hundreds of amazingly successful marketers and entrepreneurs who are willing to provide outstanding help and guidance.

    However, this doesn't mean they are obligated to answer questions like:

    -How much money do you exactly make?
    -What is your EXACT conversion rates with "x affiliate program"?
    -How much do you earn from "x affiliate network"?

    And other questions like:

    -Tell me how to make $3000 this week from ClickBank/Amazon...


    I think these questions are not smart, and they are putting many great minds off on this forum who can provide great advice and guidance.

    Sorry if anyone feels offended by this thread, this is my own opinion and I am entitled for it...but it's just an idea to make this place much better.

    A. Bary

    Hello, first of all I'd like to say that I'm new here
    I'm just a noob who interested to start making money from online activities, and I hope I made right step by joining this forum. Nice to meet you all, and success for all us.


    Back to your topic, even if I personally agree that asking someone's income in real world is impolite I think it's still normal if a newbies like me curious about expert IM ers online income.


    You can't blame us for asking that because we just want to how good they are, and as far I concerned...those so called gurus in this business always show off their amazing income on their sales letter.
    Always say how much they make in a day, how much they make in a month. So...we, newbies, just ask what they use to tell us.


    Just my 2 cents
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  • Profile picture of the author drmani
    Originally Posted by goldmind123 View Post

    I think these questions are not smart, and they are putting many great minds off on this forum who can provide great advice and guidance.
    A. Bary
    'Questions' are NOT meant to be 'smart' - but answers are

    And some of them on this thread are BRILLIANT (thanks, Sam Stephens & Andy Henry)

    I'd also wonder at "great minds" who are put off by questions like this, and
    doubt if that alone affects them adversely or drives them away.

    However, behind such questioning often lies a mindset of mistrust and disbelief,
    and that might get someone to think twice before sharing what worked for them
    - because no matter how good the advice it, it will fall on deaf ears.

    Essentially, people ask this kind of question for two broad reasons:

    * They want to believe that it is possible, and are looking for validation

    * They are convinced that it is NOT possible, and are looking for validation

    Both will find it. In any response. And so, if you choose to respond to the
    questions like this, keep in mind that your answers WILL benefit some of the
    folks who read the forum.

    You'd be amazed at the private messages or emails I've received over years
    from people I had NEVER HEARD OF before - who told me that reading some of
    my forum posts in the past made them think differently about something, and
    that shift took their business to a completely new level.

    No, not everyone who reads my posts says that. And that's just fine. Some
    do. And I choose to focus on that, and keep sharing some stuff.

    Jay Abraham says that in any large group of 'business students' (like those
    who attend seminars, sign up for courses, mentoring students, or even forums
    like this one) there are 3 kinds of people:

    * those who are serious - and already successful, but want to learn more
    * those who are serious - and not yet successful, and want to learn how to be
    * those who are NOT serious - and are playing at building a business

    The last category is ridiculed often - BUT they are enjoying it just as much
    as the other two groups!


    That's hard to understand and believe... unless you pause to think hard about
    it. In fact, for this group of people, the fluff-filled high-priced courses
    provide REAL VALUE - as 'expensive entertainment' (even if a buyer in either
    of the other two groups will be appalled at such an opinion!)

    We're all different. We want different things. We get them - in proportion
    to how intensely we want it, and how hard we're willing to work for it.

    And whichever group we are in, we are curious about the other. So we ask
    questions like this.

    The important point I'm trying to make is that the ANSWERS will help someone
    ... for sure.

    Make sure they are 'smart' - even if the questions are not!

    All success
    Dr.Mani
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  • Profile picture of the author upekani
    If you need to make money online, you can do online marketing. But you have to follow online marketing tips for get the maximum revenue. You can find them free.
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