Making Money Online for lost & confused newbies

11 replies
I wanted to start this post to offer some hope to newbies who are feeling the frustration of having tried Internet Marketing for a few months, but feel that they aren't making any progress at all.

Making money on the Internet can become overwhelming for many newbies, and usually one of the biggest problems is information overload, and a lack of clear direction (I know I've been there)

What I've seen time and again is people deciding they want to do the Internet marketing thing, and make themselves a fortune, and so they start off with a hiss and a roar, and jump into everything. They subscribe to all the guru's lists and newsletters (which usually provide just a tiny smidgen of information, but never usually enough to create any true knowledge).

They buy a few WSO's that offer the promise of turning them into instant millionaires, or providing them with the magic button thats going to give them a regular four or five figure monthly residual income, only to be left frustrated and even more confused than
ever after a couple of months.

If the above resonates with any of you, then please believe you are not alone. You are probably at a stage where you need some true guidance on what to do, and how to do it. But before I give you my 2 cents worth, there are some fundamental principles of internet marketing, that you need to follow if you want to be successful, and here they are;

Every business requires a plan. A strategically thought out roadmap of what you want your business to achieve, and how you plan to get there. I appreciate at this stage you are probably learning all the ropes with regards to starting your internet business, but this is an ESSENTIAL component of your overall success, and one that you absolutely should come back to once you know the what, how, when and who of your business to be.

Everyone says find a niche, do keywords research, pick about 20 x low competition, high demand long tail keywords. This is fine, but it all depends on your overall strategy, and the strategy will be determined by the type of Internet Marketing business model you are intending to choose. There are many different types of approaches to starting an Internet based business, and part of your 'planning' in stage 1, requires you to determine exactly which business model you intend focusing on first.

For example; will you follow the 'affiliate marketing'
model whereby you intend selling other people's products? This can be very competitive, and difficult depending on your niche, but then again there are super affiliates out there making an absolute killing.
Will you focus on CPA products (Cost per action)?
Or Domain Name and website buying and selling (flipping)
Will you build your own product? Will it be an ebook, or a series of instructional videos?
Will you build and rent local keyword optimized websites to local offline business owners, or will you use your knowledge to offer offline seo, and marketing services to local businesses?
Many of these business models simply scratch the surface of the wide range of possibilities open to you.

My advise is to spend about a month, researching all you can about Internet Marketing. See what you like and see what you dont like. Determine what is a best fit for you, for example, are you a people person who loves meeting new people, or are you the complete opposite and prefer to do everything without that direct interaction. It really doesn't matter, as there is room in this business for all types.
Just ensure you understand yourself and what your strengths and weaknesses are, and this will help you to determine what Internet Marketing business model is best suited to you.

Once you've done your due diligence about this market, and you have decided (albeit roughly at first) what you want to promote, and market online, then this is when you should back to the beginning and start drafting out your 'sketch' of a business plan. For instance, if you plan to create your own product, what type pf product will it be? how will you create it? how long will it take you?, where will you market it? and who will be your target audience? What will be your anticipated sales? Will you use affiliates to promote it? Will it be part of a monthly fee continuity program? Can you offer upsells to a 'next level' related product?

As you can see, there are lots of things to contemplate, and there are a lot more besides this too. The above thoughts are really just the foundation stages that you need to think about when starting out in Internet Marketing.

This post is getting a lot longer than I anticipated, so I'll cut it short, and maybe complete the rest of the whole process in another post or two, but basically I want newbies who are feeling lost and confused to have some faith and belief in this business. We are still in the infancy of the Internet, and there is still a lot of fortunes to be made over the coming decades.

Believe in yourself, understand your strengths and weaknesses, and make them both work to your advantage. Narrow down where your true interests lie, and come up with a business model that has immense appeal to you, and one you can apply 100% dedicated focus towards.
Pick a great mentor that you can follow in the success tracks of, and learn all you can about what they did, and how they did it. (In fact pick two or three mentors in similar business model niches)

Learn all you can (use the Free Forums), and avoid the biggest 'internet marketing brick wall' - Information Overload. This will kill your Internet business in its infancy if you let it. So stay away from all the 'one time offers' 'the magic secrets' 'the 10 ways to a million overnight' and all those other daily email offers that flood your inbox. Unsubscribe from them all. (except those from your chosen successful mentors) and be prepared for some REAL HARD work. Also believe though that can be a very rewarding career, and one that will pay you handsomely in time if you don't quit. So stick with us, I hope this has been of some help to anyone out there struggling to believe that there is money in this business.
#affiliate marketing #confused #getting started #lost #make money #making #making money online #money #newbies #online
  • Profile picture of the author tgglenn
    Warren, great post. I know this will help a lot of newbies and maybe help in easing their frustration. I know I had visions of easy money with little work. I stayed on the WF and joined a lot of email lists, downloading ebooks and reading and studying, trying to weed out the BS and rip-off stuff. But I got a fairly good understanding of the "process", which helped me figure out the direction I wanted to take. I still do some affiliate marketing but with the economy the way it is today, and the brick and mortars going under, and having worked with them in my sales career, I decided to do offline consulting to try and help them stay in business and make a few bucks in the process. LOL.

    Hope this gives someone the inspiration to go on, fail a few times, and then find some success. Again, great post!!
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    • Profile picture of the author Luis Medilo
      That's a wake up call for me. I've bought several WSOs and other courses, but haven't implemented them enough to make money from them. All the money I made from IM was through pure luck. Hopefully, I'll be able to really start my IM business next year. I'll just use the next month of December as my learning period; time to reacquaint myself with what I've learned in the past.
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      • Profile picture of the author paulie888
        Originally Posted by loyski View Post

        That's a wake up call for me. I've bought several WSOs and other courses, but haven't implemented them enough to make money from them. All the money I made from IM was through pure luck. Hopefully, I'll be able to really start my IM business next year. I'll just use the next month of December as my learning period; time to reacquaint myself with what I've learned in the past.
        Yes, this is the curse of information overload which seems to affect just about every newbie out there, and something I had to go through myself several years ago.

        One thing that helps (at least it did for me) is to force yourself to implement what you learn in a WSO or any system/method that you purchase, before moving on to something else. It doesn't necessarily mean you'll start making money overnight, but by doing this you're inculcating a habit in yourself to focus more on implementation and less on learning/buying. It doesn't matter if you fail, as long as you implement the method/system from start to finish and focus on one thing at a time.

        This is a habit you want to become almost second nature in yourself, because it is only by implementation that you'll see any results!

        Paul
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        • Profile picture of the author joeho
          this is indeed a great post and a wake up call for me !
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          • Profile picture of the author evelyng
            Whenever I get really excited about buying a new product, I stop, take a deep breath, then go into my eBook file of purchases and read something that I've already purchased. It gives me the positive mindframe I need to continue, and I really feel like I've got some new info for the day.

            You do tend to forget about all that "stuff" you've bought in the past while looking for the next new thing - which is really that old thing re-written!
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            • Profile picture of the author paulie888
              Originally Posted by evelyng View Post

              Whenever I get really excited about buying a new product, I stop, take a deep breath, then go into my eBook file of purchases and read something that I've already purchased. It gives me the positive mindframe I need to continue, and I really feel like I've got some new info for the day.

              You do tend to forget about all that "stuff" you've bought in the past while looking for the next new thing - which is really that old thing re-written!
              Exactly, there was a great thread in here earlier in which pretty much everyone basically came to the same conclusion that there are really no new IM methods out there (that work for the long-term and do not exploit some temporary loophole or glitch), and that every "new" system or method you see is in 99% of cases just a variation on something that already exists.
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  • Profile picture of the author entrepreneurjay
    Learning all you can on a continuous basis is the main key to success.

    Some helpful tips for newbies

    1. Learn the bum marketing method if your a newbie it is free and very helpful.

    2. Start a blog in a niche you have interest in or you know a lot about. Very important for long term success!

    3. Start an email list as soon as possible! Very important the money is in the list ask any top Internet marketer

    4. Monetize your blog with adsense, affiliate ads, or create your own product and sell it. Oh! and make sure you have a proper opt-in form in place. A lightbox popup form from Aweber works wonders!

    5. Drive laser targeted traffic to your blog and squeeze page through forum posting, article marketing, video marketing, blog posting, social networking, adswaps, blog commenting and many others. Become an expert in one area and spend the majority of your time getting good at one particular aspect of Internet marketing. Such as article marketing, before moving on to the next.....

    Have faith in yourself that is the number 1 key. Continually learn and build your business and you will be making money in no time.

    Good luck newbies!
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  • Profile picture of the author paulie888
    Originally Posted by Warren Tibbotts View Post

    Learn all you can (use the Free Forums), and avoid the biggest 'internet marketing brick wall' - Information Overload. This will kill your Internet business in its infancy if you let it. So stay away from all the 'one time offers' 'the magic secrets' 'the 10 ways to a million overnight' and all those other daily email offers that flood your inbox. Unsubscribe from them all. (except those from your chosen successful mentors) and be prepared for some REAL HARD work. Also believe though that can be a very rewarding career, and one that will pay you handsomely in time if you don't quit. So stick with us, I hope this has been of some help to anyone out there struggling to believe that there is money in this business.
    Information overload is a dangerous phenomenon that can have you sidetracked for months and even years. Remember that there will be fairly difficult work that you need to focus on in the beginning so that you can succeed at IM, but you won't even be able to get to this phase if you're constantly distracted by bright shiny objects, and can't even work on any thing from start to finish.

    Paul
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  • Profile picture of the author AndrewCavanagh
    There are 3 main areas where I think people starting out stumble:

    # 1: Collecting too much information instead of taking serious action on anything that seems like it could be worthwhile.

    You learn a whole lot faster and you may get some positive results if you take action on the information you're gathering.

    You'll also quickly discover what you like doing, what you don't like doing, what seems to get at least some results for you and you may discover a few unusual nuggets that few other people have noticed.


    # 2: Trying to get rich "quickly and easily".

    The sooner you commit to developing some real skill...preferably in one area...the sooner you're going to make some good money.

    In the same way the sooner you give up looking for some neat trick or magic bullet that will propel you to success and instead focus on building a real business the sooner you'll be building real online assets and income.


    # 3: Being focused too much on getting money for yourself instead of focusing on delivering value to others.

    When you focus finding ways to deliver value to others it's amazing the opportunities that arise quite naturally.

    If you do that for long enough it's hard not to make money.


    Kindest regards,
    Andrew Cavanagh
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  • Profile picture of the author va_mom
    Thanks Warren! Great information...

    and also, there is really no shortcut to success!
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