Where would you send your Dad/Mom if.......

13 years ago

no where.... there is too much crap and hype out there, the odds they will find one good idea and stick with it is rare, most people, even my own family members, don't have the know how, skills, luck, or determination to make income online. It takes hard work, smarts, balls and day in day out grind to get anything off the ground. I would tell them to start a blog and start getting traffic, and then we will talk. Rome wasn't built overnight, and neither will someone start making income online overnight. But a blog is the best place to start, because you need traffic, first and foremost, and once you have traffic, which blogs create, you can then monetize it. You have to put the fuel in before you can get heat, it's like the person shouting at the stove saying "Give me heat!" You have to put the fuel in, before you get heat.

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dcristo

13 years ago

They should probably get an offline job to keep active and socialize, working online when they have no knowledge of computers/marketing is the last thing they should attempt doing.

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George Wright

13 years ago

How much do Mom and Dad need to Make a month to live how they want to live? And...

How much time do they have to invest in their retirement business? And...

How much money can they invest to get started?

I know you said "not much time" and not $1,000, however, how much of each is the question. $0 and xxx Time is an OK answer or $xx and a few hours a day is OK too but $0 and 0 time.... Forget it.

George Wright

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geebuk 13 years ago

Hi George

a $1000 per month would make a difference,anything over that would just give them more choices.Time is one thing they have a lot of and are willing to invest say $100 to get something going.Telling retired folk to just start a blog is no help at all without it being part of a longer term goal.
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Meozyn

13 years ago

If their writing skills are any good, you could help them set up a article writing service. You can make 50$ a day easily with a lot of time on your hands. I suppose it's the most simple way online, so if they can't do that well then they should look offline

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Rose Anderson

13 years ago

They probably can't make a $1,000 a month doing this...but they should consider posting articles on constant content. I know a lot of seniors who do this for extra cash.

Your parents have probably gained a lot of experience during their life on a lot of subjects. Or they could even write about what they're experiencing right now. Adjusting to retirement. Dealing with high costs and low income. This can include things like low cost recipes, programs for seniors such as Meals on Wheels, and how to cut prescription costs, etc.

Rose

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ChristineCobb

13 years ago

The truth is.... they will have to start over again. Unless in their previous careers they were involved in websites, marketing online for their company or writing, they will need to begin the process of learning all over again.

I know because I did it about 4 years ago. I agree with others that they need to get their finances in order offline and then start the learning process so that they can switch over at some point.

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Michael Oksa

13 years ago

I have a family member that wants to make money online. They have some idea of what I do and it fascinates them (which proves they only have some idea). They ask me what to do to get started and my answer is always the same.

Become a member of the Warrior Forum and lurk for a while. Absorb what you can and pay attention to whoever knows their stuff. Once you get a feel for it, start participating.

The WF is the best crash course in IM that I know of.

To this day, that family member has not visited the WF even once. So, I would suggest you tell Mom and Dad to hang out here first. If they can't/won't do that, then they aren't really interested in making money online.

All the best,
Michael

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Kay King

13 years ago

I would not send them to a make money forum - here or elsewhere. It would overwhelm them. I would steer them away from the "make easy money" or "make big money fast" crowd.

First, they must be interested in learning to do something online. If they aren't, it's not for them. I've seen people in their 70's be able to grasp IM rather quickly - but their abilities have to be taken into consideration.

Second, a small service business like writing is a good choice IF they have the skills. If not, they could learn to provide excellent link building services. You don't have to know all of IM to be able to create links for a fee.

no,you personally would not be able to sit down next to them and take them through a process one step at a time, so they have to be able to understand this stuff themselves without anyone there to explain it all.

That concerns me. Why is it you can't spend some time helping them find a service they could provide and help them learn what is needed? It could be by providing links and training resources (free) online for them to learn from - giving advice by email or phone.

These are your parents. The work they did for years was to provide for their children (that would be you). My mother and I are not close but I couldn't sit by and watch her sell personal possessions to get by without stepping in to help.

You know your parents and whether they have the traits to be able to provide a service or work online. Some do, some don't - and age has little to do with it.

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CDarklock

13 years ago

Originally Posted by geebuk

...........they said,hey i really need to earn some income off this web thing,I have just retired and basically my expenses are more than my income.

I would send them to the doctor, because clearly their brains are malfunctioning.

Retirement doesn't just HAPPEN. You see it coming years in advance, and you generally have a pretty good idea how much money you'll be making when you get there, so it's kind of your second job to figure out how you're going to get by on that level of income.

Now, from what you've said, they didn't do this. That means they are stunningly shortsighted and ignorant. It's probably dementia.

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Michael Oksa

13 years ago

Originally Posted by CDarklock

I would send them to the doctor, because clearly their brains are malfunctioning.

Retirement doesn't just HAPPEN. You see it coming years in advance, and you generally have a pretty good idea how much money you'll be making when you get there, so it's kind of your second job to figure out how you're going to get by on that level of income.

Now, from what you've said, they didn't do this. That means they are stunningly shortsighted and ignorant. It's probably dementia.

In an ideal world retirement doesn't "just happen", but here in the real world it DOES "just happen" to a lot of people.

A lot.

Sure, it may be due to short-sightedness, but it could also be due to their investments taking a nosedive just prior to retirement. There are other reasons that they could be caught unaware, but there's no need to be rude about it.

The OP is looking for help, not insults.

Just sayin'

All the best,
Michael

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CDarklock

13 years ago

Originally Posted by Michael Oksa

The OP is looking for help, not insults.

The OP asked what I would do with my parents.

I'd call them idiots and have them examined.

Sorry if you think that's insensitive, but that's what I'd do, and I don't think I'm the only one.

Maybe the only one that will say it out loud, but that's not a new position for me. (THAT'S WHAT SHE SAID)

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chris1093

13 years ago

Originally Posted by CDarklock

Maybe the only one that will say it out loud, but that's not a new position for me. (THAT'S WHAT SHE SAID)

Ok I laughed pretty hard even though its probably not the right thing to say in this situation.

To the OP I would start looking for a mentor or coaching program right away. Thats the only way for them to get involved with someone who will show them the correct path to take and will help them to stay on it because the IM world is a very confusing one. Be sure to do your research and find a good one. I have recently joined one and I cant believe the world of a difference it has made. Its still no guarantee for your parents but I think its their best shot.

P.S. Make sure you do good research because I have heard of some being bogus, but the right one is worth it.

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REHughes

13 years ago

geebuk,
Just my thoughts, but I think I would have to refer them to affiliate marketing.

Originally Posted by geebuk

........... Mom and Dad never really had any time for hobbies/passions as they were too busy either working six days a week or bringing up their kids,anytime after that they usually caught up on some sleep!

Surely in their lifetime, they have learned SOMETHING that they could write passionately about. Maybe they should consider Child Raising or Building a Family on a Budget as a niche, something they have done and haven't even thought about. It's amazing how much we know about PROCESSES that we actually have gone through but never put any thought into.
This might be something they could write about regularly.

Originally Posted by geebuk

At their age, they won't want to go through a long learning curve or have to take in a lot of complex information, as like it or not, the old brain matter is not what it once was, and neither are they able to invest some $1000 whizz bang one stop press one button course that will fill up their bank account by the time they wake up next morning.

To me affiliate marketing is probably one of the simplest methods to learn. There are very few technical skills needed, mostly just a matter of time setting things up. And the cost to enter this method are very minimal.

Originally Posted by geebuk

So given their situation where would you send them?.....and no,you personally would not be able to sit down next to them and take them through a process one step at a time, so they have to be able to understand this stuff themselves without anyone there to explain it all.

What do you think?

And it shouldn't take to much handholding. I understand what you are saying about not being able to sit down beside them and walk them through every stage. You may have a family of your own that requires more time than you have yourself, or for that matter, you may not even live in the same town, i don't know.
You might only need to point them to the proper places to get started.

Originally Posted by monkseo

no where.... there is too much crap and hype out there, the odds they will find one good idea and stick with it is rare, most people, even my own family members, don't have the know how, skills, luck, or determination to make income online. It takes hard work, smarts, balls and day in day out grind to get anything off the ground. I would tell them to start a blog and start getting traffic, and then we will talk. Rome wasn't built overnight, and neither will someone start making income online overnight. But a blog is the best place to start, because you need traffic, first and foremost, and once you have traffic, which blogs create, you can then monetize it. You have to put the fuel in before you can get heat, it's like the person shouting at the stove saying "Give me heat!" You have to put the fuel in, before you get heat.

No offense, but I never can see why anyone would recommend that a newbie start their business by building a blog, expecting much if any traffic from that, and then wait before they approach anything else.
Granted, blogs are good, and can be profitable, but that is one of the LAST things I would point any newbie towards.
That will surely wear them down with frustration, and they will eventually give up. And there is a far greater learning curve to getting them indexed and ranking them to see ANY fruits of your labor.

Bum marketing is still one of the fastest and simplest methods I believe exists today.
Just my opinion!

Best of luck,
Robert

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geebuk 13 years ago

I was looking for advice, not opinions.Like most people in life there are no shortage of people giving opinions. You are not qualified to make your comments as you know nothing about them or their circumstances.Look around and you will see many people who are in their situation,and yes they all knew retirement was coming, but by the time they discovered their pensions plan had disappeared down the tube,they did not have enough time to make other plans.Instead of bemoaning their luck they are prepared to take on a new challenge for which they need advice,not opinions.However it appears there are to few people to even offer advice.
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O0o0O

13 years ago

I would just have them create a free account at the Yahoo! Contributor Network. They write essays, submit it, and Yahoo! Pays them directly into their PayPal account. It's simple, doesn't take any startup costs, they have time to do it, and it will pay the bills.

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Rose Anderson

13 years ago

I usually agree with you 100% CD. But on this one I think the term "idiot" is a tad too harsh. (I realize my not agreeing with you is not going to break your heart..lol)

I think a lot of our parents did everything they could to plan and save for retirement...but didn't plan for their prescription drug costs and other medical bills to skyrocket. Nor did they realize their house would be worth a lot less than they expected. I'm not saying that's an excuse not to plan for retirement. I'm just saying there are some things that are hard to foresee. Plus, many of them worked their butts off and saved everything they could and still need some extra cash.

Rose (currently dealing with an aging parent)

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johnmorales

13 years ago

Originally Posted by geebuk

...........they said,hey i really need to earn some income off this web thing,I have just retired and basically my expenses are more than my income. They have already cleared out their loft and sold what they can on ebay, but that soon dried up. Mom and Dad never really had any time for hobbies/passions as they were too busy either working six days a week or bringing up their kids,anytime after that they usually caught up on some sleep!

Now they do have the time,but they don't feel they want to start over again, bu they do need the money.Dad can send a few emails but that is about it, in terms of experience. At
their age, they won't want to go through a long learning curve or have to take in a lot of complex information, as like it or not, the old brain matter is not what it once was, and neither are they able to invest some $1000 whizz bang one stop press one button course that will fill up their bank account by the time they wake up next morning.

So given their situation where would you send them?.....and no,you personally would not be able to sit down next to them and take them through a process one step at a time, so they have to be able to understand this stuff themselves without anyone there to explain it all.

Hey, Mom/Dad might even know your parents, so it would be nice if they could pass onto other their new found comfortable retirement and maybe if the word gets spread quickly enough, then retirement gets to be something to be enjoyed,rather than an existing.

What do you think?

From your post it sounds like your folks can sell on Ebay pretty well. How about if they help other oldsters who don't know how to navigate ebay to sell their stuff for a commission?

Have them place an ad on Craigslist or an equivalent free platform and offer their trading assistance services. There are plenty of Seniors who have valuables they need to turn into cash but don't know how. Think of all the folks they could help. And they don't necessarily have to be Seniors.

I would recommend they build on what they already know. It doesn't cost anything to start and they have nothing to lose.

There are plenty of books on how to sell on consignment.

Now all they need is "DESIRE"

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Dann Vicker

13 years ago

I’d say start with affiliate marketing but they should keep in mind that the real money is made with one's own products. There are some strategies can use to effectively find your feet in this.
1. Choose a good product to promote
Do not make the common mistake of selling the popular products everyone else is selling. Do a simple research first to know if the product is in demand in the market. Also, make sure that the product you'll choose is of good quality.
2. Do some pre-selling
Most affiliates conduct pre-selling to qualify the leads they will be referring to the merchant's page. This will increase conversion rates because only interested individuals will see the sales page. One thing you can do here is to buy the product you are promoting, and write an honest review about it.
3. Be capable enough of driving traffic to the merchant's sales page
This is basically the most difficult task you’ll face. In doing this, you should decide first how you will attract traffic towards your affiliate website. You can go for paid advertising or you can spend time creating authority sites that are content rich and with affiliate advertising placed within them. It is good if you can use both strategies.
The nature of the traffic you drive to your affiliate site also matters. You should be able to send highly-targeted traffic, or else, your conversion rates will not be sufficient to cover the cost of advertising.

Dann

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MikeTucker

13 years ago

Umm... They are my Mom and Dad...

They:

Brought me into this world
Protected me
Fed me
Changed my diapers
Put up with my behavior for two decades
Taught me about the world and how to have a good life

If they ever needed money, I would just give it to them.

Wouldn't you???

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