What an excellent day! Read for motivation

30 replies
Ok today was a really big day for me. Back in February I took a punt on a news story. Here in the UK there was a woman who went to court fighting for her right to use a Greek satellite decoder to show EPL football in the pub she runs. She got a good decision and it was referred to a European court to test the legalities.

I set up a small site offering an ebook about how to set it up and offering affiliate linked satellite decoders. I knew that if the verdict went against her I would have lost 10 bucks on the domain name and a little time spent on setting up the site and researching a few suppliers. Thought that if the verdict was bad, I would have lost a little but would gain massively if the verdict went in her favour.

Well about 4 hours ago the verdict came through and from this point on, it is no longer illegal to screen foreign sports channels and it is making big news. Because my site is already set up and ready to sell, the traffic has literally not stopped all morning and I am cashing in massively.

The reason this was such a big story is that Sky (the UK broadcaster) charges 10 times as much as the Greek channel do for a pub to broadcast. Given there areso many pubs closing due to profit margins, this is a huge factor in their future plans.

Keep your eyes on the news because there are so many hidden gems happening that you can profit from. I have things to do today but they are on the backburner as I just can't keep my eyes off what's happening.
#day #excellent #motivation #read
  • Profile picture of the author abdin66
    Dave, that is smart working, man! Good on you.
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  • Profile picture of the author VilPietersen@
    Not going to lie mate. Netrepreneur extrodinaire. Good effort!!!!
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  • Profile picture of the author Zack Lim
    Wow, you are really observant of any opportunity that is going around you.

    Kudos to you for spotting the opportunity and taking action on it

    Zack
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  • Profile picture of the author Suthan M
    Awesome, that A REAL EXAMPLE on how to found a opportunity and act on it..

    With great actions, comes great profit. Cheers!
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  • Profile picture of the author davejug1
    It's due to come up again soon when it comes back to the High Court in the UK for the final time. Should be good I hope.
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  • Profile picture of the author Sojourn
    Originally Posted by davejug1 View Post

    Ok today was a really big day for me. Back in February I took a punt on a news story.
    I love these kinds of posts. Creative and idea-inspiring. I don't think it's ever dawned on me to leverage something I heard in the news into a future opportunity but I think it's brilliant!

    Well done!
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    • Profile picture of the author TheZafraGroup
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      • Profile picture of the author PLRExpress
        That's great news! I love these creative types of marketing ideas!
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  • Profile picture of the author davejug1
    Turned into a great day, it's going to hit the newspapers tomorrow so I think it will continue until weekend.
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  • Profile picture of the author Rankomatic
    What a brilliant, and yes, motivating post. I just love hearing stories like these. Being an "Out of the box" thinker like yourself I too have had success doing just the same but with sinkholes once they started appearing everywhere. The adsense was over $4 a click at one stage but has since dropped considerably.

    Anyway, well done
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  • Profile picture of the author Steven Miranda
    Awesome idea, good job at going with a creative idea.
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  • Profile picture of the author skwish
    good thinking! i wouldn't have thought of something like that!

    congratulations :-)
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  • Profile picture of the author dadamson
    Great thinking!!

    It is entrepreneurial thinking like this that sets you apart from many other people striving online.

    Good job to you sir!
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  • Profile picture of the author Gil Doer
    Originally Posted by davejug1 View Post

    Ok today was a really big day for me. Back in February I took a punt on a news story. Here in the UK there was a woman who went to court fighting for her right to use a Greek satellite decoder to show EPL football in the pub she runs. She got a good decision and it was referred to a European court to test the legalities.

    I set up a small site offering an ebook about how to set it up and offering affiliate linked satellite decoders. I knew that if the verdict went against her I would have lost 10 bucks on the domain name and a little time spent on setting up the site and researching a few suppliers. Thought that if the verdict was bad, I would have lost a little but would gain massively if the verdict went in her favour.

    Well about 4 hours ago the verdict came through and from this point on, it is no longer illegal to screen foreign sports channels and it is making big news. Because my site is already set up and ready to sell, the traffic has literally not stopped all morning and I am cashing in massively.

    The reason this was such a big story is that Sky (the UK broadcaster) charges 10 times as much as the Greek channel do for a pub to broadcast. Given there areso many pubs closing due to profit margins, this is a huge factor in their future plans.

    Keep your eyes on the news because there are so many hidden gems happening that you can profit from. I have things to do today but they are on the backburner as I just can't keep my eyes off what's happening.
    So my questions to you are:

    1. What general principles would you suggest when perusing the News for hidden gems?

    2. Is there a systematic process that you adhere to in how you did this or was it just an "aha" moment when you saw the possible opportunity?


    Enjoy the windfall.

    Gil
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    • Profile picture of the author davejug1
      Originally Posted by Gil Doer View Post

      So my questions to you are:

      1. What general principles would you suggest when perusing the News for hidden gems?

      2. Is there a systematic process that you adhere to in how you did this or was it just an "aha" moment when you saw the possible opportunity?


      Enjoy the windfall.

      Gil
      Good morning!

      I set no specific principals as I believe you can monetize most things either with direct or indirect products, but timing does play a part so I look for things that are going to get news in the medium term future. Court cases are good for this as they have defined timescales and can change the business world.

      It wasn't a particular aha moment though, as I said, it was a bit of a punt. I buy newspapers (broadsheets and tabloids) daily and keep a close eye on the news to spot opportunities, I'm the kind of person who will spend my day thinking "How can I monetize that?"

      I don't use things like Google Trends though because I like to get in on something before the popularity explodes rather than after.

      For every success though, there are multiple punts that do not work as I would hope, but the investment is small enough for people to have a go.
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  • Profile picture of the author Dennis Gaskill
    Congrats, Dave. You are a perfect example of taking advantage of your brain. There are, literally, opportunities all around us if we look for them. Enjoy your new cash stream, and keep your eyes and ears (and mind) open for the next one.
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  • Profile picture of the author davejug1
    Thanks Dennis, but I hope more than anything that other people take inspiration from this, , try it themselves and realise that internet marketing doesn't need to be anything but simple. As long as you think a little bit out-of-the-box you can acheive anything.
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    • Profile picture of the author Sandor Verebi
      Originally Posted by davejug1 View Post

      ...As long as you think a little bit out-of-the-box you can acheive anything.
      Hi Dave,

      Great job. Any opportunity presents itself for those only, who's eyes, ears and mindset are open.

      Many successes,

      Sandor
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  • Profile picture of the author World Marketing
    Interesting read...Sometimes your most profitable projects are the ones you just bump into!
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  • Profile picture of the author TianaBanana
    Good work Dave. I'm motivated.
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  • Profile picture of the author AdwordsMogul
    Respect!

    Congratulations on your success! How about a WSO to teach others what you did?
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  • Profile picture of the author Will Edwards
    Great post.

    Smart thinking and well done on taking action.

    Will
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    • Profile picture of the author SEOCHAMP
      Congrats on your great achievements mate, ya if work hard consistently then surely success will came no doubt sooner or later but you have achieved great mile. Thanks for sharing with us.
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      • Profile picture of the author Tom Ryan
        Great job! There are tons of ideas out there in the news and also through tv commercials.
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  • Profile picture of the author Fraser SellHealth
    @DaveJug1 Nice work !! now thats thinking outside the box, weighing risk and reward. Proof that a small idea can turn into a profitable one in a short time
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    • Profile picture of the author Mullguy
      This is Brilliant, Well done Dave! This story is getting press attention throughout Europe. What a fantastic, well conceived concept. I think this will run & run. Just think of all the pubs now looking to do this! You should do a WSO for offliners showing them how to set this up for a publican.
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      • Profile picture of the author davejug1
        Originally Posted by AdwordsMogul View Post

        How about a WSO to teach others what you did?
        Originally Posted by Mullguy View Post

        You should do a WSO for offliners showing them how to set this up for a publican.
        Nah chaps, I don't do sales like that any more. Plus most of what I did is already written there. A one-page report (no fluff) is going to get no interest
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  • Profile picture of the author Janice Sperry
    I love your story. Quick thinking and getting ahead of the pack. It was a calculated risk that paid off. Even if it had not worked in your favor you would probably have no regrets. A person could fail at 100 low risk calculations like yours and it would not matter. All you need is a successful one now and then to cash in and make way more than your expenses from the failures.
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  • Profile picture of the author Dann Vicker
    Kudos to you, and hoping it lasts long enough to finally pay for that caribbean cruise..lol
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    • Profile picture of the author Cali16
      Congrats, Dave, on your success with this and thank you for the inspiration! You were thinking ahead, took a risk even though you didn't know what the outcome (i.e. the verdict) would be, and now it's paying off quite nicely. Sounds like you'll be making money off this "punt" for quite some time!
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      If you don't face your fears, the only thing you'll ever see is what's in your comfort zone. ~Anne McClain, astronaut
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