Estimated leanring curve and time commitment to make $100 a week?

by steadypay 22 replies
Hi, yes I am new. I have prepared with my flame retardant overalls.

As the name suggests I have a clear goal of the inital income I want to make from internet marketing. I am interested to know what people think would be the time commitment per day/week to attain this goal- I could do more as required to get my estimated figure. Also what the leanring curve is in terms of time to learn to be proficient plus how hard/easy/resources etc.

I am not looking to be spoon fed just given some breadcrumbs to follow as sorting the wheat from the chaff has been quite a challenge thusfar.

Thanks.
#main internet marketing discussion forum #$100 #commitment #curve #estimated #leanring #make #time #week
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  • Profile picture of the author CDarklock
    Originally Posted by steadypay View Post

    I am interested to know what people think would be the time commitment per day/week to attain this goal
    That's sort of like asking how long it will take you to get to Detroit.

    Where are you, and what are you going to do to get there?

    Taking a plane will be faster than taking a bus, and both of them are faster than walking. But some people can't afford a plane ticket, and some people have some irrational desire to walk instead of using a vehicle.
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    "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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    • Profile picture of the author steadypay
      Care to modify your analogy? I.e. tell me which each mode of transport refers to.

      As I am new to internet marketing I would only be taking wild guesses as to what you meant by each mode of transport.

      Then I can feed back to you which mode/s of transport would be most suitable to me.
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      • Profile picture of the author CDarklock
        Originally Posted by steadypay View Post

        As I am new to internet marketing I would only be taking wild guesses as to what you meant by each mode of transport.
        I don't mean anything by them. There are fast ways to do everything; there are slow ways to do everything. Which way best suits you depends on who you are, what experience you've got, and what you're willing to do. Some people come in here and say they only have two hours a day to work, and they don't want to spend any money on anything ever. Others come in here and say they're prepared to spend $10,000 and work fourteen hours a day.

        You can usually trade money for time in any business activity. If you don't have the time, you can just spend a lot of money and make things happen fast. If you don't have a lot of money, you can spend a lot of time and make things happen cheap. And if you don't have a lot of either, it's entirely possible you can't get there from here.

        I need to know more about where you're starting. Do you have internet experience? Do you have marketing experience? What experience do you have?
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        "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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        • Profile picture of the author steadypay
          Ok, that gives me more to go on.

          I have little money though though potentially a little like a grand or so I could invest were it to prove worthwhile.

          I have lots of time. I could do this full-time; like 12-8 every day potentially.

          By internet experience I presume you mean internet skills like web design coding etc. I have been using the internet since I was young. I know quite a bit about the hardware side of computer but I haven't done anything except 'use' the internet really.

          Other skills I think will help me in marketing are that I have studied persuasion (open loops, commitment and consistency) and hypnosis stuff, and all that malarky for years and know tons on influence so I'm thinking it will translate over well to this.

          I have a degree in philosophy.

          My writing skills are great I believe and very fast as I write maybe up to 3000 words a day on various forums just for my own amusement.

          I'm quite an obsessive learner and once I get the scent of something I have to learn everything about it.

          So that may give you a little better idea...
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          • Profile picture of the author Defunct
            Originally Posted by steadypay View Post

            Ok, that gives me more to go on.

            I have little money though though potentially a little like a grand or so I could invest were it to prove worthwhile.

            I have lots of time. I could do this full-time; like 12-8 every day potentially.

            By internet experience I presume you mean internet skills like web design coding etc. I have been using the internet since I was young. I know quite a bit about the hardware side of computer but I haven't done anything except 'use' the internet really.

            Other skills I think will help me in marketing are that I have studied persuasion (open loops, commitment and consistency) and hypnosis stuff, and all that malarky for years and know tons on influence so I'm thinking it will translate over well to this.

            I have a degree in philosophy.

            My writing skills are great I believe and very fast as I write maybe up to 3000 words a day on various forums just for my own amusement.

            I'm quite an obsessive learner and once I get the scent of something I have to learn everything about it.

            So that may give you a little better idea...
            I'd rather back an obsessive doer than learner.

            Try not to fall into the trap of information overload, there are SO MANY ways to make money online, just choose one you like and try stick with that only, read and then do.

            No one ever made money just by learning unfortunately.
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            • Profile picture of the author NickArnold
              You havn't told us a great deal about your goals and where you want to be.

              $100 per week is your only goal?

              If so, judging by your writing skills and education you could make that money pretty easily by offering an article writing service in the Warriors for hire forum.

              You're going to have to invest $20 for a thread there, set up a paypal account and write a few example articles. That is it, no learning curve what so ever. You could start writing the sample articles now and have the thread up and running later today. Trust me, there is plenty of demand if you're a good writer. I ran an experiment there for an article service a few months back and couldn't keep up with the demand...

              Of course though this only works if $100 per week is your goal. You have to work for what you earn - but if you have a couple hours spare each day $100 a week isn't difficult.

              This method isn't going to work if you want to get 'rich' and it's not going to make you money on autopilot either. If you want to make $100 that way then you're going to have to do far more groundwork in advance.

              It all depends on what you want to achieve.
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          • Profile picture of the author Joe Benjamin
            Originally Posted by steadypay View Post

            Ok, that gives me more to go on.

            I have little money though though potentially a little like a grand or so I could invest were it to prove worthwhile.

            I have lots of time. I could do this full-time; like 12-8 every day potentially.

            By internet experience I presume you mean internet skills like web design coding etc. I have been using the internet since I was young. I know quite a bit about the hardware side of computer but I haven't done anything except 'use' the internet really.

            Other skills I think will help me in marketing are that I have studied persuasion (open loops, commitment and consistency) and hypnosis stuff, and all that malarky for years and know tons on influence so I'm thinking it will translate over well to this.

            I have a degree in philosophy.

            My writing skills are great I believe and very fast as I write maybe up to 3000 words a day on various forums just for my own amusement.

            I'm quite an obsessive learner and once I get the scent of something I have to learn everything about it.

            So that may give you a little better idea...
            Welcome, I remember when I was in your shoes 3-4 years ago in
            this same forum asking questions, looking for answers, etc. So, I
            want to take a moment and say you've come to the right place.

            With that said, I'm going to tackle each point you've made that
            Caliban got answers from (I'm sure he'll comment later on in the
            day):

            "I have little money though though potentially a little like a
            grand or so I could invest were it to prove worthwhile."


            The only way you are going to make money in this business if you
            have faith in what you're pursuing. Not BLIND faith. But a faith in
            yourself that it already works, but that it's up to you to make that
            happen for YOU.

            Forget about waiting for this business to prove itself to you before
            putting your money and time into it because you will always come
            up short -- every time -- if YOU don't make it work for you.

            "I have lots of time. I could do this full-time; like 12-8 every
            day potentially."


            Good. You're going to need it at first (maybe more). I can already
            tell just by the way you've worded this statement that you're still
            in "employee mindset".

            that's "okay".

            But understand that business is NOT a full-time job. It matters not
            if you work 2 hours a day, or 20. It's easy to waste a lot of time in-
            between, and what matters most is how productive that time you
            spend on building your business was.

            There will be moments where you make absolutely zilch, and times
            where you have hundred dollar days in minutes. This'll take time
            getting used to, and telling you this STILL won't help you prepare
            for experiencing it yourself.

            "I have been using the internet since I was young. I know quite
            a bit about the hardware side of computer but I haven't done anything except 'use' the internet really.
            "

            You have a learning curve ahead of you.

            Unless you plan on entering the computer building and modifying
            niche, you WILL need to learn how to build a basic webpage, buy
            and setup hosting, basic HTML code, and the biggest one of all...

            sales and marketing.

            I would tell you you could avoid learning MOST of the technical stuff,
            but considering you're building your business ON a budget, you won't
            have the support in many of the areas you struggle in so you'll have
            to do much of it yourself.

            I relate to you on this because I too was into hardware, building
            computers, etc. None of it actually contributed or helped build an
            online business.

            As long as you are prepared to go forth WITH this learning curve and
            come out the other side without quitting, you WILL win.

            "Other skills I think will help me in marketing are that I have
            studied persuasion (open loops, commitment and consistency)
            and hypnosis stuff, and all that malarky for years and know tons
            on influence so I'm thinking it will translate over well to this."


            Not necessarily.

            Trust me, you will need to humble yourself on what you think you
            know. It's hard to swallow, but "studying" and knowing persuasion is
            NOT the same as "doing it".

            Applying what you think you know is the ONLY way you can call it a
            skill, otherwise I could read a hundred books on performing a surgery
            and call myself a "surgery doctor"...but on what grounds? Reading a
            few books?

            Studying is GOOD, but it's only as good as the last word you apply to
            REAL LIFE.

            The only real profession I can say you could "take online" is if you
            held a sales or marketing position. But even that experience will not prepare you for what lies ahead.

            " I have a degree in philosophy."

            I'm giving you REAL advice, and I can't sugar coat this for the sake of
            preserving your ego -- but your degree means nothing online unless
            you're looking for a J-O-B.

            There is nothing in Philosophy you can apply to an online business. And
            if so, correct me if I'm wrong.

            "My writing skills are great I believe and very fast as I write maybe up to 3000 words a day on various forums just for my own amusement. "

            Since you're still in employee mode, it's probably better if you start off
            writing for OTHERS for a profit. That way it's not a total shock to what
            you're used to (paid work, steady profit, etc). It's a very LIMITED line
            of work, but you can use the profits from it to spring board your own
            online business.

            You can start writing for other people HERE in this forum. Instead of
            wasting time doing it for fun, why not do it for fun and get paid to do it?

            Look for a section called "Warriors For Hire" on the main page.

            "I'm quite an obsessive learner and once I get the scent of something I have to learn everything about it. "

            And THAT is what will inevitably lead to your demise. As I said earlier,
            learning is GOOD. It's good to "want to learn everything there is", but
            the catch is is...

            there will ALWAYS be something more to learn beyond what you THINK
            is more to learn.

            As much as I love reading books, I found out I made more money when
            I did more APPLYING of books I've read and less of READING books I may
            have wanted to read.

            I doubt you will take this seriously because when I was told the same
            thing I too, blew it off and said, "meh. that could NEVER be like me".

            Because of my arrogance I wasted a good chunk of time (thankfully not
            a lot) and eventually I started doing things differently.

            You will either GET IT now, GET IT later, or GET IT never.

            Most unfortunately NEVER get it. Only time will tell which side you lean
            on.

            So, you asked for a learning curve and time commitment, and I gave you
            the skinny and the truth BEFORE you invest any money or time.
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  • Profile picture of the author pyles
    Work on becoming a great writer and sell 2-3 long form works per week for $50 each. Start with services then venture into your own areas.

    You can write 1,000 words per hour if you are good and know your subject. For a 5,000 word ebook that would be 5 hours time.
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  • Profile picture of the author Fun to Write
    Unlimited amount of time.

    Next question!
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    Focus+Smart Work+Persistence=Success

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  • Profile picture of the author MCD
    It all depends on how long it takes you to find a way to get paid(Affiliate Marketing, CPA, AdSense), get your funnel set up, and drive traffic to an offer. In theory you could start making that money today if you found a way to connect A to B(customer 2 vendor).
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    • Profile picture of the author steadypay
      Thanks for these replies they are giving me some good insights.

      Well, like I said, I have no aspirations for riches at this time.

      I just want to cover my shortfall for now while maybe making a little extra to save a little here and there as a slight cushion in the future. So yes 100 a week would cover that for now. I live very frugally so that is my only goal atm.

      For now I am much more interested in a steady yet small income source than a more independent and sporadic/unreliable source.

      To elucidate the point- I much prefer low risk low reward than high risk high reward.

      So a reliable meager amount- the hundred a week is what I'm after for now.

      Basically just something that I can do from home which is either equal in labour (or less of course is a bonus) to something which gives minimum wage if I went out to work in retail or something.

      So the writing thing is of most interest to me so far. I will take a browse at the warriorforhire section you guys speak of.

      So what is the official name of the role of writing for people? Just article writer?
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      • Profile picture of the author steadypay
        What should I write the articels on? what style? how many words etc?

        I could just post some of the essays I did in my degree?
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        • Profile picture of the author NickArnold
          Write 2-3 sample essays around 400 words. Providing they are quality you should be able to pick up buyers no problem.

          The sample articles can be about anything because you're just proving you can write really. If they are in Internet Marketing related niches such as SEO, Driving Traffic, Affiliate Marketing then they might appeal to the Warrior crowd more. But it's not a biggie.... Buyers will ask you to research and write in a variety of different niches anyway.

          Check out some of the article writing offers in the warriors for hire forum already for some insights into what others are doing. If you see offers that are bringing in buyers, just try to make your offer similar.
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          • Profile picture of the author steadypay
            Right.

            So researching the particular product would also be a part of it?

            Isn't this half of what 'bum marketing' is? Now that I'm knocking it just saying this is what bum marketing does isn't it, just taking random products and writing tons of articles on them.

            Am I right in assuming alot of the clients may be those very same bum marketers wanting to outsource to an article writer?
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            • Profile picture of the author CDarklock
              Originally Posted by steadypay View Post

              Am I right in assuming alot of the clients may be those very same bum marketers wanting to outsource to an article writer?
              Yes.

              Here's a major secret about selling your services online...

              Everyone who hires you is actually a mentor who pays you.

              In order to get what they want, they have to explain to you what it is.

              And what they want is the stuff that they know works for them.

              So if you're having trouble figuring out how to do something right in IM, learn the basics, then charge excessively low rates for it.

              Because you're cheap, people will expect that you aren't very good at it yet, and some of them will teach you how to do it better so they can get more value for their money.

              This is how I evaluated the four major business models in IM: ad placement, CPA, affiliate marketing, and product creation. All of these depend on content, so I wrote content at low rates to find out who was doing what with the content, what kind of content was involved, and what kind of return they were expecting from it.

              In my first six months, I took on about fifty clients. In the following year, I took on fifty more. And out of those hundred clients, I got a pretty read on between five and eight people in each of the major areas of IM, who were willing to answer a lot of questions about what they did and how they made their decisions.

              Between a quarter and a third of my clients were willing to do this; the rest were split pretty evenly between people who didn't have the answers, and people who didn't want to give them.

              When someone successful and organised won't pay more than $7.50 for an article, you know that what they're doing isn't generating enough profit over and above that.

              So when you talk to them about profit margins, and they say they won't do anything that earns less than a 200% return within 90 days, you know they need to make back at least the cost of the article every 30 days. It's not exactly rocket science to figure out that what they're doing with the articles is making them an average of 25 cents per article per day.

              Similarly, when you talk to someone who says he won't do anything that won't make him 500% profit within 30 days, and he's willing to spend $25 an article, that's $150 in 30 days - so what he's doing will make him $5 a day.

              So if you're looking to make $100 a week, that's $20 a day, and you can either do what the first guy is doing eighty times... or what the second guy is doing four times. And there are different amounts of work involved, so it's not as simple as saying "well, $5 is better than 25 cents" - because the first guy is running a "set and forget" operation, while the second is actively promoting his stuff every day.

              I am, however, very guilty of procrastination and "analysis paralysis." On a good week, I make $500, but I only have those every eight to ten weeks, and in the average week I make between $50 and $80. It's not that I don't know what to do or how to do it, I just spend way too much time sitting around thinking about it instead of doing it.
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              "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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            • Profile picture of the author Joe Benjamin
              Originally Posted by steadypay View Post

              Right.

              So researching the particular product would also be a part of it?

              Isn't this half of what 'bum marketing' is? Now that I'm knocking it just saying this is what bum marketing does isn't it, just taking random products and writing tons of articles on them.

              Am I right in assuming alot of the clients may be those very same bum marketers wanting to outsource to an article writer?
              So researching the particular product would also be a part of it?

              Yes.

              Now that I'm knocking it just saying this is what bum marketing does isn't it, just taking random products and writing tons of articles on them.

              No, it's not. If it's "random" at best you'll get "random results". When
              I do bum marketing, it's VERY calculated and thought out well ahead
              of time so I KNOW what results I can reasonably expect after execu-
              tion of the plan.

              Also, you don't need to write a TON of articles, only what you want
              to write in relation to how much you want to earn.

              Sometimes, if you get just one article in a buying keyword on the 1st
              page of google, that might do it for you -- but it's dangerous to call
              it a "good business" when you got lucky or worked hard to get 1st pg.
              listings.

              Am I right in assuming alot of the clients may be those very same bum marketers wanting to outsource to an article writer?

              Like DarkLock, I too wrote a LOT of articles for those very types of
              people. Unlike CarkLock, I did not ask questions -- I just kinda pulled
              it all together myself after having worked with them for a period of
              time.

              They revealed a lot of information to me I never had to ask about
              and it was very clear to me what worked, what didn't, and WHY it
              worked.

              Many times they would ask me to NEVER share information they gave
              me to anyone and if I WANTED to, I could use it for MYSELF.

              I've seen website review sites, niches I never thought of they told
              me outright made them money, WHERE they were sending the traffic
              and OTHER ways they would monetize their websites...

              I mean, seriously confidential stuff I would never leak even after
              having hung up my freelancing business for good since having step-
              ed out and doing many of the things I learned from inside.

              I thought at first it was the money I was working for...turns out it
              was an education on marketing in disguise.
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  • Profile picture of the author celente
    it isnt about making that money straight away. let me explain....

    you need to test and measure first. Start off small and see if you can make $10 a day.

    What did you do? how did you do it? what is working? What really sucked for you?

    answer these questions properly and you have the ground base to make $20 a day.

    Try again, see if you can do that...then ask the questions above.....

    I did this, and slowly built her up. We do more than just $100, but that is only because we feverishly spent our day testing things that worked and things that didnt. It was different for us, than my marketing friends out there. Probably because of the niches we are in, and the way our funnels are set up.

    But just start off small. I can guarentee that if you can make $10 a day online, and you keep records on how you did it.....then you can make $4000 a day online. Just a matter of outsourcing and getting more people to do what you can do in a day.

    hope this helps.
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    • Profile picture of the author steadypay
      Surely.

      That is what I had in mind anyhow. I.e working up to that figure. After doing my budgeting I was given an early warning of sorts so have like 6 months or so to reach that target.
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  • Profile picture of the author LetsGoViral
    Originally Posted by steadypay View Post

    Hi, yes I am new. I have prepared with my flame retardant overalls.

    As the name suggests I have a clear goal of the inital income I want to make from internet marketing. I am interested to know what people think would be the time commitment per day/week to attain this goal- I could do more as required to get my estimated figure. Also what the leanring curve is in terms of time to learn to be proficient plus how hard/easy/resources etc.

    I am not looking to be spoon fed just given some breadcrumbs to follow as sorting the wheat from the chaff has been quite a challenge thusfar.

    Thanks.
    $100 a day is a lot. If you are beginning from 0 and are really committed, working at least 8 hours a day...a half a year as minimum I'd say! It will probably take a month or few to learn all the basics, then a few months to apply them and see how it works in practice.

    If you have marketable skills (logo design, programming) you could make such money much faster. But if you are starting from 0 it will not be easy, however pretty doable.
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    Time of thinking is over.
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  • Profile picture of the author xenergy
    Find a good mentor to guide you along the way. It definitely will accelerate your internet marketing endeavor.
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    • Profile picture of the author steadypay
      Thanks for all these replies. This is a cool forum.

      I'll get on to putting something up in the warrior for hire forum today.
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      • Profile picture of the author steadypay
        I'm just about to write up the ad on warrior for hire.

        I was wondering what should I put as my going rate?

        I was thinking of leaving it open to people making me offers and letting supply and demand dictate where it rests.

        Thoughts?

        ------

        Also would someone who can kindly send a pm to GuerrillaIM asking him to give me some contact other than pm as he sent me a pm offering to give me a little help if I should have any questions although I could not reply due to my low post count >_<.

        Cheers.
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