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Would you work all year to make $100,000 in a day?

by ShayB
37 replies
Years ago, I read a book by Robert Allen called Multiple Streams of Internet Income.

At the time, I did not even have a computer. I just thought it was an interesting title.:rolleyes:

One of the things he talks about (and makes sense to me now - but really didn't back then) was how he made $100,000 in 24 hours.

Reading the way he did it makes a lot of sense (now).

For 12 months, he...
  • built a list.
  • sent great info for free.
  • never tried to sell a thing.
In the last 4 weeks of the year (not meaning December, but meaning the last 4 weeks of his time frame), he began to send out emails talking about something big happening in 4 weeks, 3 weeks, etc. (Setting up for the launch.)

Then, he sent out his sales copy on day 365 and made around $100,000 in 24 hours.

Now, he didn't make the $$ in 24 hours, really. He took 12 months to set it up.

But he asked an interesting question:

"Would you be willing to work for a whole year - making no money - if you knew the final day of that year you would earn six figures?"


My answer is YES! And I am happy I don't have to wait a year to make $$$.

But I would love to hear everyone else's views on the scenario and the question.
#$100 #day #make #work #year
  • Profile picture of the author ADAMw3
    No doubt. Internet marketing is exactly that. So many people quit with Internet Marketing because they are looking for the get rich quick scheme... unfortunately, it does not exist.

    I would be happy with $100,000 in a day. Plus just think how much you will make the next year with a list that big!
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    • Profile picture of the author rename
      i agree! there's no such things as get to rich scheme. if you want to get rich quickly just rob a bank or hack someone's account
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  • Profile picture of the author Davmac40
    I think we are all guilty of getting carried away by big figures and $100K each year online is a sizeable amount.
    I guess the majority of us would say: "How do I pay the bills while waiting for the windfall?"

    Davmac
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    • Profile picture of the author Amidala
      Originally Posted by Davmac40 View Post

      I think we are all guilty of getting carried away by big figures and $100K each year online is a sizeable amount.
      I guess the majority of us would say: "How do I pay the bills while waiting for the windfall?"

      Davmac
      I agree. I wish I had the means to do it but I cannot see it in the near future. I would love to hear everyone's thoughts on it thou..
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    • Profile picture of the author cherylwright
      Originally Posted by Davmac40 View Post

      I think we are all guilty of getting carried away by big figures and $100K each year online is a sizeable amount.
      I guess the majority of us would say: "How do I pay the bills while waiting for the windfall?"

      Davmac
      I worked my butt off for nearly three years before I saw much more than pocket money.

      Now I earn regular (good) income from my websites. I'd love to earn more, and I will - over time. IM is not an overnight miracle.

      Yes, my question would also be what do you live on in the meantime?

      My circumstances at the time were such that it wasn't a major issue for me.




      Cheryl
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  • Profile picture of the author yourreviewer
    While I am tempted to say "Yes", it does take a lot of effort and determination to hang in there without being frustrated and most importantly not lose focus of the goal. In the past, my major problem was lack of focus and to a large extent I have been able to address the problem by keeping off from the shiny things that come in every now and then.
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  • Profile picture of the author Adam Kenzington
    In the end, I might be happy with the results, but I'd have to have some sort of income during the year. The utility companies and the bank wouldn't understand. Homelessness doesn't interest me in the least, even though I might be able to start over in the end.

    OFF TOPIC: Shay, how's that Christmas Camera working for you? Have you made any good videos, yet? (I wanna see!)

    Adam
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    • Profile picture of the author ShayB
      Originally Posted by Adam Kenzington View Post

      OFF TOPIC: Shay, how's that Christmas Camera working for you? Have you made any good videos, yet? (I wanna see!)

      Adam
      ACK! I told you not to talk about the "good" videos! Shhhhhhhhhhhhhhhhhhhhhh!!!!!!!



      *ahem* No, nothing to see....move along, folks....
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    • Profile picture of the author ShayB
      Originally Posted by Adam Kenzington View Post

      OFF TOPIC: Shay, how's that Christmas Camera working for you? Have you made any good videos, yet? (I wanna see!)

      Adam
      Seriously, though, I can't get the camera to work with Vista.
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  • Profile picture of the author Lindsay Brynn
    On a kind of similar topic a lot of money can be make with website flipping. But since you have to wait awhile for a huge payout many people do not do it.
    Since websites can sell for even over 12x monthly earnings. If you pour your heart into one website and then sell it the payout would be huge.
    But even I end up selling sites for less money just to get some money a little faster.
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    • Profile picture of the author InternetM39482
      Originally Posted by ShayRockhold View Post

      Years ago, I read a book by Robert Allen called Multiple Streams of Internet Income.

      At the time, I did not even have a computer. I just thought it was an interesting title.:rolleyes:

      One of the things he talks about (and makes sense to me now - but really didn't back then) was how he made $100,000 in 24 hours.

      Reading the way he did it makes a lot of sense (now).

      For 12 months, he...
      • built a list.
      • sent great info for free.
      • never tried to sell a thing.
      In the last 4 weeks of the year (not meaning December, but meaning the last 4 weeks of his time frame), he began to send out emails talking about something big happening in 4 weeks, 3 weeks, etc. (Setting up for the launch.)

      Then, he sent out his sales copy on day 365 and made around $100,000 in 24 hours.

      Now, he didn't make the $$ in 24 hours, really. He took 12 months to set it up.

      But he asked an interesting question:

      "Would you be willing to work for a whole year - making no money - if you knew the final day of that year you would earn six figures?"


      My answer is YES! And I am happy I don't have to wait a year to make $$$.

      But I would love to hear everyone else's views on the scenario and the question.
      He built up a responsive list, made a great relationship with them, setup a perfect launch and thus made that amount. Basically, he worked all the year along to setup that day and it paid off.

      If there were such conditions, I'd put in a good amount of time and effort into making that much profit.

      On a kind of similar topic a lot of money can be make with website flipping. But since you have to wait awhile for a huge payout many people do not do it.
      Since websites can sell for even over 12x monthly earnings. If you pour your heart into one website and then sell it the payout would be huge.
      But even I end up selling sites for less money just to get some money a little faster.
      Quite right, but I think a bit different. A website maybe performing at its peak at one time, and after a month or two, it may start to dwindle. So, those who have a good knack of when to hit the Buy button make more money than those who just wait and think that the price will go up.
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  • Profile picture of the author jking2
    I sure would. Actually I am working on that right now
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  • Profile picture of the author ECS Dave
    I don't have vista, and I hear M$ may drop it
    (but that's another topic, not what I'm here for),
    is there a "compatibility" option for running things
    in it?

    Be Well!
    ECS Dave

    P.S. To stay "on topic", Hell yes, but as mentioned, got bills to pay...LOL
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    • Profile picture of the author ShayB
      Originally Posted by ECS Dave View Post

      I don't have vista, and I hear M$ may drop it
      (but that's another topic, not what I'm here for),
      is there a "compatibility" option for running things
      in it?

      Be Well!
      ECS Dave

      P.S. To stay "on topic", Hell yes, but as mentioned, got bills to pay...LOL

      OT part: Maybe there is, but technology hates me. (How??? I am a Trekkie! Technology should be my friend!!! Noooooooooooooooo!!!!)

      On-topic part: I would suppose that bills could be paid by a J-O-B or maybe a spouse/SO working?
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  • Profile picture of the author Michael Carr
    Banned
    [DELETED]
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    • Profile picture of the author purplediva
      Yes I would and it is what I am working on now. There is no such thing as get rich quick and I think many of us have fallen prey to that at one time or another.

      The best way to build your success is over the long haul. Build it the right way and not try to rush things.
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  • Profile picture of the author Tsnyder
    Actually, I'm working on a project right now that will come to fruition
    with a 7 figure pay day... in 3 years.

    It produces some income along the way but the big payoff
    comes at the end. So... yes... I'd be willing to do that!

    Tsnyder
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  • Profile picture of the author Christie Love
    I could wait to get the big paycheck once, but I'd definitely want to make a salary all year long as I'm sure he did.
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    • Profile picture of the author ShayB
      Originally Posted by Christie Love View Post

      I could wait to get the big paycheck once, but I'd definitely want to make a salary all year long as I'm sure he did.
      I am sure he had another income while waiting for the payoff.
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  • Profile picture of the author nicholasb
    I could imagine the first year would be pretty rough, but after that it wouldnt be so bad.
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  • Profile picture of the author James Schramko
    I wouldn't because you don't need to.

    He probably gave up a huge chunk to do it that way. My own numbers confirm it.

    You can get paid as you go with compounding loyalty and leverage plus still have a big payday.

    The difference is you have trained a list of buyers not freebie seekers.
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  • Profile picture of the author OmarNegron
    Great post, thanks for that story.

    Yep...I would work my tail off for a day like that. But in essence, that IS what internet marketing is all about. Offering value and reaping the rewards later.

    Thanks!

    Omar!
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  • Profile picture of the author jbreezy
    I read that book...definitely some good material in there..even though Allen is a confirmed rip off artist.
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  • Profile picture of the author Andyhenry
    Good post.

    I maybe I'm the only one who would say no...

    I already make more than that so I definitely would NOT want to wait all year for it, and there's a certain thing called cash-flow which means that I need money on a regular basis to do the things I want and pay my bills, so if I waited a year with no other income - I wouldn't have Internet access

    Andy
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    nothing to see here.

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    • Profile picture of the author James Schramko
      Originally Posted by Andyhenry View Post

      Good post.

      I maybe I'm the only one who would say no...



      Andy
      I guess you missed my post a few up from yours?

      I'm wit you on this one.
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      • Profile picture of the author Bryan Zimmerman
        That was a great book. Well for me anyway. I actually read it just for the heck of it with no intention of using it. (yea I like to read) While some of the methods he talks about in there probably don't work as well now as they did then, It does give you quite the rush of "Hell I can do this to" juice. And since I don't make $100,000 a year I would have to say yea I'd do it if I was guaranteed to make it at the end.

        By this time next year I may have a different answer!
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  • Profile picture of the author Mike Johnson
    Don't we all do that?

    The numbers shift, some people have more zeros, but really we are all trying to put a framework in place that will build sizable, passive income.

    The trick for me is to see the big picture. Sometimes I let too many little things get in the way for too little of those dollars.
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  • Profile picture of the author Debbie Allen
    I agree that this is really what we are all doing - working toward that big payday....but in reality we have to have an income if we are going to survive.

    I guess that is what makes this business both exciting and difficult at the same time. Internet marketing is not easy until you get things in place - I am still working on that! lol

    I believe that reaching our first income goals is the most difficult thing about this business. Hopefully after that things will continue to grow with a snowball effect.

    So I guess my answer is no - I need a cash flow along the way. At this point I could not afford to wait 12 months for a payday. But at the same time - I have been building my business for much longer than that with the plan of making lots of $$$ in the future.
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  • Profile picture of the author gorri
    Interesting, but not the best way. You need to make money each and every day. Working a whole year and then make $100,000. That's okay but you can easily work a lot less and then have a product launch simular to that one, but you will probably not make that much on your first product launch, so the best way is just to have multiple product launches, get known and then you'll make even more than $100k a year.

    Originally Posted by ShayRockhold View Post

    Years ago, I read a book by Robert Allen called Multiple Streams of Internet Income.

    At the time, I did not even have a computer. I just thought it was an interesting title.:rolleyes:

    One of the things he talks about (and makes sense to me now - but really didn't back then) was how he made $100,000 in 24 hours.

    Reading the way he did it makes a lot of sense (now).

    For 12 months, he...
    • built a list.
    • sent great info for free.
    • never tried to sell a thing.
    In the last 4 weeks of the year (not meaning December, but meaning the last 4 weeks of his time frame), he began to send out emails talking about something big happening in 4 weeks, 3 weeks, etc. (Setting up for the launch.)

    Then, he sent out his sales copy on day 365 and made around $100,000 in 24 hours.

    Now, he didn't make the $$ in 24 hours, really. He took 12 months to set it up.

    But he asked an interesting question:

    "Would you be willing to work for a whole year - making no money - if you knew the final day of that year you would earn six figures?"


    My answer is YES! And I am happy I don't have to wait a year to make $$$.

    But I would love to hear everyone else's views on the scenario and the question.
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    • Profile picture of the author roderick
      I love to earn $100 dollars a day, but when would I find the time to spend the money.
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  • Profile picture of the author jhongren
    Hi Shay,

    Robert Allen's book was one of
    my very first few books on
    Internet Marketing.

    I must say I was greatly
    inspired by him.

    As for whether or not
    one is willing to wait for
    so long to make big bucks,
    my sense is that each of us
    may go through this phase
    in different forms.

    One could be learning, trying
    and failing for the past one year
    before he gets to build a successful
    site or product which is making
    him big bucks after 12 months.

    My 2 cents,
    John
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    • Profile picture of the author ShayB
      I agree with not wanting to wait for a whole year before seeing any profit.

      I guess the point I saw was that some people quit after a month or 2 - and they don't see the big picture.

      There is a learning curve with MMO, and if people put the time and effort to learn about IM the same way they put 4+ years into college so they can go get a J-O-B, then more people would be making a lot of money online.

      JMHO
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      • Profile picture of the author James Schramko
        Originally Posted by ShayRockhold View Post

        I agree with not wanting to wait for a whole year before seeing any profit.

        I guess the point I saw was that some people quit after a month or 2 - and they don't see the big picture.

        There is a learning curve with MMO, and if people put the time and effort to learm about IM the same way they put 4+ years into college so they can go get a J-O-B, then more people would be making a lot of money online.

        JMHO

        Most people give up just before they see success. It takes a bit in this industry. How long does it tale to learn anything that can generate a high level full time income?

        Years usually
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  • Profile picture of the author mbrown
    I agree with Andy and James on this one. I wouldn't wait all year to collect my paycheck. Why? Because I'm worth more than that. What I mean is I am a performance based marketer, I get paid via performance.

    I.E. if I deliver my end, if I take care of my customers needs, If I take care of my affiliates who make me money and if I take care of all my other ventures it comes down to one thing... me. I perform so I get paid.

    I think it would be wise to build a list of buyers who are highly responsive over the freebie list any day. Yea, it's good to offer free stuff I do it alot but it's my buyers who get the best deals and BEST freebies.

    The other thing is this and this applies to most people in marketing - you have no clue if when you build a big list of freebies seekers that any of them will buy.

    How do I know that? Because you haven't tested them on buying anything yet. You have no clue what percentage convert and what won't. So that $100,000 payday may never even happen for most.

    I'm also not a gambler - I am a business man. I make my choices based on stats and numbers in my own testing and also know that in life there are ZERO guarantees. So to even know if a $100,000 payday would be possible you'd have to understand your list by testing their buying habits. You shouldn't have to wait or base your income on such measures. Again, I'm worth more than that and we all really should be.
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    • Profile picture of the author LeeMasterson
      I already do this. I make the majority of my income from property development. This is enough to create a very healthy 6 figure income for me and my partner every year and has done for the past 6 years.

      While the pay-day is so worth the time and struggle and effort (and dust and construction-site visits) - I still need the day-to-day spending money so I can eat and buy fuel during the year.

      My writing endeavors and my websites create the bulk of my spending money.


      Lee
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  • Profile picture of the author chastill
    Mike Dillards Magnetic Sponsering applys these 3 things below and seems to be doing real well with it.

    For 12 months, he...
    * built a list.
    * sent great info for free.
    * never tried to sell a thing.
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    Chastill
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