I want your help. I've spent over sixty thousand dollars over several years trying to make money on the internet - and I keep failing!
In Linchpin, by Seth Godin, he talks about the new economy and being rewarded for giving. Well, let me give you some of the internet strategies I've tried and failed to make good money. Hopefully, you'll learn something from my mistakes.
I would love to know if you've tried these strategies and whether you were let down by the promise of mega profits. Perhaps you have other strategies that failed that you'd like to own up to.
- Cloning websites with an affiliate link back to a download product. I've had limited success, but mostly with dodgy download gaming sites.
- Black hat techniques used by Howie Schwartz with an Amazon affiliate link. Loads of effort and zero income.
- Create a website on options and futures and link to options university for a big ticket payout. I made $200
- Building twitter accounts with thousands of followers and sell the accounts on ebay. I used software sold by tweetadder and paid an outsource team to create loads of accounts. I made $75
- Paid $3,000 for a Matt Bacak course which gifted me with a weight loss website. Built and autoresponder, pulled in a list of 100 and made $65 which was later refunded.
- Scrapped names from forums and emailed affiliate offers on related products. No luck.
- Created almost 50 full e-commerce websites all driven from one multi-site engine. Used Google PPC to target specific products which drove the traffic to a niche e-commerce site. Someone had made $35 million doing something similar. I made $20,000 selling multi-fuel stoves using this niche strategy, but lost it all paying the supplier and development costs. I was then sued by the manufacturer so sold a few of the websites and stopped.
- I wrote an ebook on making money using twitter, but haven't sold any copies.
- I bought Google Shadow and used Google PPC strategies, but had no winners.
- I set up a web consulting business and made several hundred dollars offline. However, no one understood how difficult it was to get their websites to page one so I have put no further effort into this strategy.
- I was hooked with a product called NicheATM, which promised google page one websites with a few clicks. I made no money after a lot of effort.
- I used facebook to advertise a clickbank product. The advertising costs went ballistic and conversions were disappointing. 0/100 hops
- I run affiliate offers using Zango, Ad Brite and Ad Sonar - all failed which was an expensive lesson learned.
- I bought the ultimate exit pop-up which works well to build a list of names, but has yet to translate into money.
- I've tried building and selling websites to 'bricks and mortar' companies and made a few thousand dollars, but nothing to compensate the time and effort.
I would love to hear from anyone having (or had) a similar experience. In fact, I want to talk to you. mail me and share your story or skype me on paul.kemp2 or send a message via twitter paul_s_kemp