How Do You Really Strike It Rich Online...

34 replies
This last month has been an interesting one. I'm finally on the right track, I quit IM once before because I was buried in meaningless tasks and information.

I think the "light bulb has gone on", it's like everything that was flying around me at the speed of light last year has slowed down, & I can see the potential.

But, (this is IM of course theres a but) I don't see, new house new car potential just yet. I know it's possible, but from what angle. Just supplying the masses with services can pay the bills, but unless you evolve into a company with 50 employees, I don't see that doing it...

  • Is it creating a product?
  • Is it affiliate marketing?

What gives you the best chance at striking it rich online?
(eventually not tonight)
#online #rich #strike
  • Profile picture of the author Michael D Forbes
    Originally Posted by VinnyBock View Post

    What gives you the best chance at striking it rich online?
    (eventually not tonight)
    Relationships
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  • Profile picture of the author EugeneA
    You gotta start from the basics and get creative.

    Link things together, I don't mean "links".

    Make connections with method A to B. Often times this will set you apart from others.

    This means that you will have to master fundemental skills, from there you add you're topings to

    better suit you.
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    • Profile picture of the author Mollysbrother
      Originally Posted by EugeneA View Post

      You gotta start from the basics and get creative.

      Link things together, I don't mean "links".

      Make connections with method A to B. Often times this will set you apart from others.

      This means that you will have to master fundamental skills, from there you add you're topings to

      better suit you.
      Excellent point! This is what many, many people don't get about IM. I just recorded a podcast that will go up on Monday and I touched on this topic. People think that by duplicating one way, they will duplicate the success. But it really is about linking different methods that work together.
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  • Profile picture of the author spennyc
    Hey Vinny - I'm glad to see you're "seeing the light". The more you learn and the more you experience in the "marketing world"... the more suddenly you'll see opportunities in things. That sounds like what's happening with you.
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  • Profile picture of the author jrodriguez315
    Work. Lots and lots of work!!
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    • Profile picture of the author kbailey1734
      Originally Posted by jrodriguez315 View Post

      Work. Lots and lots of work!!
      I think this pretty much sums it up in a nutshell. Working hard may seem painful, but as we said in the United States Marine Corps - "Pain is weakness leaving the body!"
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  • Profile picture of the author AdwordsMogul
    Here is the best thing you can do -> learn and understand direct marketing. Through and through.

    Once you really understand that, you will then be able to do magic.

    And even more importantly, stop believing in the "myth" of internet marketing. It's just fools gold. Many people hate to admit it, nevertheless it's true.

    There is the internet, and there is marketing. There isn't anything like "TV marketing" is there?

    One day you may get it. And on that day your eyes will open to a whole new world.
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  • Profile picture of the author seoguru1
    it really depends on how you want to strike it rich. I know plenty of affiliates who make 100k+ to 1 million yearly.

    I know guys who offer how to guides or online services (their own products) who make 100k+

    You can do it both ways, or either way, but you have to pick a way. I doubt you will be able to offer a product or service without experience first, and most successful service providers offer the service because they are skilled at something.

    Your best bet is to start with affiliate and work your way up from there. Once you have insight on how to get traffic and sell a product, you can venture into any direction you want.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by VinnyBock View Post

    What gives you the best chance at striking it rich online?
    The easy questions first, is it?

    I'm still working it out, by observation, examination, testing and learning. But you have to find something scalable that produces true residual income. I think.
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  • Profile picture of the author Yazid Chala
    the idea, the team, the plan, and of course the execution.
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  • Profile picture of the author thebitbotdotcom
    Product creation, my man. But it has to be something that actually solves a problem...hint...
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    • Profile picture of the author JohnMcCabe
      Originally Posted by Allornothing14 View Post

      To strike it really rich you have to come up with something really unique and catchy.
      Just like the following websites have done: "google, facebook, criagslist, clickbank, etc.."
      One thing all of these now-giants have in common is that they were not started with the aim of 'striking it rich'. All were started to provide a benefit to the user community at large.

      Google: provide a better search alternative than existed at the time.

      Facebook: allow college students to connect, network and keep track of each other.

      Craigslist: provide a place for simple, local ads and announcements.

      Clickbank: provide a way for small publishers and content creators to sell digital goods without having their own merchant account and affiliate software.

      Another thing all of these now-giants have in common is that they targeted the mass market, not a few thousand people searching on an obscure phrase.

      I hope this gets the mental gears spinning for you...
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  • Profile picture of the author steve m
    Originally Posted by VinnyBock View Post

    What gives you the best chance at striking it rich online?
    (eventually not tonight)

    Have you not read the WSO forum lately, some of those marketers are killing it...! I'm sure there are plenty of push button systems that are doing the rounds there :rolleyes:

    On a serious note, work, work and more work.. Building relationships, as soon as you do the fundamentals right, then the rest should slowly piece together.

    You can get in the wrong mindset if all your thinking about is getting rich, new houses and cars. that's were people tend to cut corners.

    Good luck

    Steve
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  • Profile picture of the author theory expert
    Banned
    Best advice I could give is in my signature...
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  • Profile picture of the author wanjugu
    Me,i think its all the above.You have to combine hard work with some brains,some luck,some networks,relationships etc.Thats what IM is all about,at least thats my conclusion after two months of hustling.
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    • Profile picture of the author AdwordsMogul
      Originally Posted by wanjugu View Post

      Me,i think its all the above.You have to combine hard work with some brains,some luck,some networks,relationships etc.Thats what IM is all about,at least thats my conclusion after two months of hustling.
      You are right. Your success comes as a result of various things you do in your life and business. Sure one thing can trigger an avalanche of income, but then it will most likely be only possible with all the other stuff you did.

      It's like building an expensive hotel - if a cleaner stops his job, and you can't replace him everything is futile. Of course, this seems unlikely but the point is valid - it's easy to take certain things for granted.

      In reality some things pay more than others. So you need to pick the most lucrative activities you can, it's as simple as that.

      So dabbling in Adsense etc. it's probably a waste of time if you want to get rich (when I say rich I mean net worth of over a 100 million)
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      "Those who can - DO IT. Those who can't, say it's impossible."
      Jean Paul a.k.a AdwordsMogul
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      Easy Link Saver - Are you tired of the pain of constantly searching for your affiliate links? ( Chrome extension - FREE )
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  • Profile picture of the author brianboyer
    Creating a plan, setting goals, taking action, repeating your daily SEO tasks, and working hard every day.
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    • Profile picture of the author kuangzhuang
      Originally Posted by brianboyer View Post

      Creating a plan, setting goals, taking action, repeating your daily SEO tasks, and working hard every day.
      I Agree with you.
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  • Profile picture of the author Henry White
    I had my "Eureka!" moment last December!

    My gameplan is very simple. First, develop the basic steady and reliable income, then go for bigger game.

    Brainstorm where you want to go, then determine where you are and the steps you'll have to get from here to there. Simple to say, not necessarily all that easy to achieve.

    Now, I'll have to admit that I had to go outside the WF for the information I needed, but it did not involve any outrageously overpriced products or so-called mentoring/coaching from "gurus" or being abducted by ET. It only took about 12-15 hours to learn, but the major part of the past 8 months to find it. Your actual mileage may vary.
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  • Profile picture of the author entrepreneurjay
    Own Google Or Facebook

    Only 1 way have a good idea, or service, and bust your ass.... Make it happen!
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  • Profile picture of the author Steven Miranda
    I agree it is relationships + a product/service people need.
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  • Profile picture of the author mahni1390
    Banned
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    • Profile picture of the author isee
      I think John makes some great points in #14

      Product Creation is also the route I would go down. One thing I would advise that if you're looking to create websites to drive traffic to - make them as visually stunning as possible. There are too many crappy looking sites out there. Great look + great content then monetize.
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  • Profile picture of the author stvbarb89
    With hard work, same way you become rich offline..
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  • Profile picture of the author loveday101
    Build a list!!.. then build a relationship with them and promote similar products as an affiliate -- the key is to promote recurring products
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    Please do not use affiliate links in signatures

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  • don't forget about offline marketing as well. Getting in front of customers and building relationships and offering great service can lead to great things
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  • Profile picture of the author sloanjim
    read fastlane that's all about dumping stuff that can never make you truly rich...

    How much is rich to you?

    Well, I doubt most will ever do it with cpa/aff marketing even own ebooks/software...

    you need to set up a first, unque business with massive appeal...easy? We'd all be multi millionaires if it was. but unless you try it and are prepared for a few failures you will not stand a chance.

    But look at the ones who did it (without sellnig crap) Facebook...ebay..paypal.Google...etc. market leaders with massive in demand services.

    There's your ANSWER.
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  • Profile picture of the author sloanjim
    i do not think hard work alone is the answer like a few have said..if you work hard the wrong way it's a waste of effort. 1st you have to be going in the right direction..then work hard to get there. read "fastlane" it's all in there.
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    • Profile picture of the author Darren Dillman
      Do what the others who are making good money are doing.

      Create your own products. Quality products...not the push button pie in the sky crap that is all over the place.

      It doesn't have to be IM either. Create a product...ebook, video course, etc. to realize a good profit. Recruit your affiliates.

      Rinse and repeat.

      What is key I believe is let your affiliates drive the traffic or most of it. They are the experts at SEO, rankings and all that stuff so you don't have to be.

      All you have to do is create quality products which is much easier than all that other stuff.

      Vinny....I'll PM you about something I have coming you may be interested in to help you out.
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      • Profile picture of the author BIG JOHN
        Originally Posted by Darjon11 View Post

        Do what the others who are making good money are doing.

        Create your own products. Quality products...not the push button pie in the sky crap that is all over the place.

        It doesn't have to be IM either. Create a product...ebook, video course, etc. to realize a good profit. Recruit your affiliates.

        Rinse and repeat.

        What is key I believe is let your affiliates drive the traffic or most of it. They are the experts at SEO, rankings and all that stuff so you don't have to be.

        All you have to do is create quality products which is much easier than all that other stuff.

        Vinny....I'll PM you about something I have coming you may be interested in to help you out.
        Vinniebock, You must be able to see it. In fact you must always envision and feel the life style in your mind always. Unless you believe it, feel it and be thankful for what is happening in your life now, IT, will always be in the future.
        As far as the 50 employees go, wash that from your thinking immediately. You can produce an income and life style without brick and mortar. Take this from someone who has had nine pizza stores and managed over 100 employees at a time. This is not an ideal business model today. The main reason is things are taking more massive action to produce similar rewards. Automation and the internet can deliver this with the least risk.
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  • Profile picture of the author celente
    Proper mindset first.

    Once you get the mindset right and belive you can make money

    then create a product / service and a kick ass gigantic list of warmed up prospects.

    = Profit$ (insert big shiney cheesy grin)
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  • Profile picture of the author myob
    Originally Posted by VinnyBock View Post

    • Is it creating a product?
    • Is it affiliate marketing?

    What gives you the best chance at striking it rich online?
    Either one, both, or something else entirely.

    Your level of success really is completely driven by your mindset;
    dreams, goals, core skills, learning, failing, getting up, trying again.
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  • Profile picture of the author Janice Sperry
    Glad to hear you are "finally on the right track." Sounds like you have persevered and have a great attitude now.

    I read this thread just before yours;
    http://www.warriorforum.com/main-int...-get-rich.html

    Post #1 and many of the replies are insightful.
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  • Profile picture of the author Matt Daniel
    Originally Posted by VinnyBock View Post

    This last month has been an interesting one. I'm finally on the right track, I quit IM once before because I was buried in meaningless tasks and information.

    I think the "light bulb has gone on", it's like everything that was flying around me at the speed of light last year has slowed down, & I can see the potential.

    But, (this is IM of course theres a but) I don't see, new house new car potential just yet. I know it's possible, but from what angle. Just supplying the masses with services can pay the bills, but unless you evolve into a company with 50 employees, I don't see that doing it...

    • Is it creating a product?
    • Is it affiliate marketing?

    What gives you the best chance at striking it rich online?
    (eventually not tonight)
    You've probably aquired a bit of knowledge, go into consulting, people will pay you thousands for high quality help
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  • Profile picture of the author r2r
    Have to work lots and lots..
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