What is your IM philosophy?

41 replies
Hi guys, Just have a little question for you.
Many very successful internet marketers have one of these 2 opinions:

1. some say: You don't have to invent anything. what working is already out there and people doing it everyday. Just do what's working.

2. The others always say: Never do what everybody else do. Be creative and original. Build a real unique website/service and make a real business out of it, because if everyone doing it, it's already dead.
In short: "Only dead fish swim with the stream"

What is your opinion?
#philosophy
  • Profile picture of the author Cataclysm1987
    If you do one, you will be searching for a long time for something creative.

    If you do two, you will be working a long time to be better than the competition.

    Just depends which one seems like an easier fight.
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  • Profile picture of the author jessiepadgal
    I do whatever I think is going to provide the most value to my chosen audience. Not a pat answer...this is my decision-making process.
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    • Profile picture of the author orpaz191
      Originally Posted by articlesforim View Post

      I do whatever I think is going to provide the most value to my chosen audience. Not a pat answer...this is my decision-making process.
      Good answer
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  • Profile picture of the author Tadresources
    It all depends on whether you want to work with what's already been laid out or you want to build something new and different. Both have their ups and downs.
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  • Profile picture of the author tsuccess
    I say do your passion and be yourself and success is guaranteed.
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    • Profile picture of the author JB
      My laws include...

      1) Don't reinvent the wheel - put a unique spin on something that already works and work on improving it.

      2) Over deliver on everything.

      3) Never commit to something you can't complete or finish on time.

      4) Have wide open communications with clients. Always offer and be prepared to lift the phone, use skype or meet in person.
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  • Profile picture of the author Devin X
    Banned
    I think it's a "both, and" approach. It depends on many variables such as where you are, where you want to go, your audience, your finances, etc.

    I'd say that eventually as you become successful, you should rely mostly on your creative powers since the industry, and the world, are in short supply.
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    • Profile picture of the author JeremiahSay
      There's really no right or wrong to your question, you can certainly make money doing both ways.. For instance (let's take warren buffet and steve job for example):

      Warren Buffet makes money by doing what everyone else is already doing.. Investing in paper assets like stock, mutual funds, bonds etc..

      On the other hand, Steve Job did quite the opposite.. using his creativity to make this world a better place.. a perfect example of a super successful entrepreneur and capitalize.

      Originally Posted by TheRealDudeman View Post

      I think it's a "both, and" approach. It depends on many variables such as where you are, where you want to go, your audience, your finances, etc.

      I'd say that eventually as you become successful, you should rely mostly on your creative powers since the industry, and the world, are in short supply.
      I really agree to what TheRealDudeMan says.. Use your creative power to make this world a better place.. Serve as much people as possible is what true entrepreneur and capitalize does.

      or alternatively, you could do what you're truly passionate about.. like the old saying "Follow your passion and Money follows you"

      God bless you,
      Jeremiah
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  • Profile picture of the author Jeff Schuman
    To me it is all about finding a problem and solving it. Do that better than most of your competitors and you will make money.
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    • Profile picture of the author jolarry
      Originally Posted by Jeff Schuman View Post

      To me it is all about finding a problem and solving it. Do that better than most of your competitors and you will make money.
      This is exactly my point of view
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  • Profile picture of the author Exel
    Interesting question, it's hard to answer it unequivocally.

    I'm all for innovation and doing it differently and better than others. But, the hardest
    thing in the world is to invent something new, that doesn't already exist. You can't
    just say "I'll invent something now". It depends on many factors.

    You will always start by learning and doing things the conventional way. Along the
    way you see how the things work, get some ideas to improve it, try different stuff,
    and develop your own unique way of doing it.
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  • Profile picture of the author gamzu
    Hi Orpaz,

    I actually think that it depends on the market.

    One of the markets I am currently active in is high tech software, and there - because of the fast development of technology, you have to be ahead of the curve - so companies like pinterest can gather incredible pace very quickly. This is however an anomaly - for every company that gains momentum in a new field or paradigm, there are countless companies that slowly burn through their capital...

    The bottom line is that you have to stay true to basic marketing principles and do what you do really well:

    1.) Identify a decent market that will pay for a product - the niche is quite irrelevant
    2.) Identify where your market assembles
    3.) Identify what the market is missing
    4.) Produce or licence the missing link
    5.) Offer it to the market in the market assembly points you identified in 2...

    Do this and you have a chance....

    Best
    Gamzu
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  • Profile picture of the author Troy_Phillips
    I use proven money streams (1) to feed my unique style of business(2)
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    • Profile picture of the author apurvmat
      Yeah I definitely agree with gamzu and JB who have both written solid advices here.

      It depends entirely on the market.... if you're thinking of providing something new and creative, then make sure there really is a demand for that by testing the waters first.. if there is, great!

      If you can't think of anything creative etc, then better do something that works and has a demand in the market, even if there is competition you can survive and thrive if you make your business more special and valuable for the customer by adding in a bit more value to your services -- more X, less time, better customer service etc etc
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  • Profile picture of the author TheArticlePros
    Here's my philosophy:

    Quit thinking and start doing. The longer you spend in this forum or any other, the less time you'll be able to spend working on your own site(s). Find 1 method and work it until you've been at it for at least three months with constant work.

    If you took a poll of everyone here on the WF, you'd find that the most common regret is that we all switched from one plan to another for years until we decided to just do it.
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    • Profile picture of the author orpaz191
      Originally Posted by JaRyCu View Post

      Here's my philosophy:

      Quit thinking and start doing. The longer you spend in this forum or any other, the less time you'll be able to spend working on your own site(s). Find 1 method and work it until you've been at it for at least three months with constant work.

      If you took a poll of everyone here on the WF, you'd find that the most common regret is that we all switched from one plan to another for years until we decided to just do it.
      I believe there is certain ration between learning and doing. doing without knowing what your doing is like fighting a windmill, but I do agree you need to "do" at list %80 of time.

      BTW. I know what my philosophy is. I'm already making money. Just wanted to know your thoughts.
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      Karma is sweet :)
      The only way to succeed is to make others successful.

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  • Profile picture of the author mbaker417
    Originally Posted by orpaz191 View Post

    Hi guys, Just have a little question for you.
    Many very successful internet marketers have one of these 2 opinions:

    1. some say: You don't have to invent anything. what working is already out there and people doing it everyday. Just do what's working.

    2. The others always say: Never do what everybody else do. Be creative and original. Build a real unique website/service and make a real business out of it, because if everyone doing it, it's already dead.
    In short: "Only dead fish swim with the stream"

    What is your opinion?
    I not sure where you come up with these two options are what most successful IM go by.

    I think as far as marketing goes... You have to go with whats working Now. The internet is always changing and what worked 6 months ago may not work now...

    As far as running a IM business...

    Find a pain in a niche and then solve that pain... Be who you are. That will be unique enough.
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  • Profile picture of the author James B
    #1 Have a strategic plan, figure out where your readers are going to go, and decide the affiliate strategy

    #2 Focus only promotion, when you have the user experience done, and everything

    #3 Continue to promote, and add more people to the list of re-lated websites you want to promote on. (1 week max)
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  • Profile picture of the author hardraysnight
    i dont have an im philosophy

    i have an im philanthropy

    it is more important to....
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    • Profile picture of the author Birdi
      ok here's my 2cent philosphy...

      guru: "don't listen to what im saying, but do what i am doing"...

      me: mmmm the guru is up on stage making $xxxxxxx, and i'm struggling... ( scratches head) ... mmmmmm i know

      " ill do what the guru is doing"

      you'll here alot of this, but i personally started learning by doing what the guru's were doing rather then just sitting in seminars and listening. ACTION!

      birdi
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  • Profile picture of the author travlinguy
    It's simple. Sell stuff people want and can afford. Sell stuff that's valuable, stuff that you would consider really valuable. Build trust with your customers by treating them right. Say what you mean and do what you say you're going to do.
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  • Profile picture of the author Micah Medina
    Whether you do something first or best depends more on your own skill set than knowing the "right" or "wrong" way to do business online. Personally, I tell people to look at what already works, follow it, and add a twist to is, and the more you read and learn the more you'll know what works and what you like.
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  • Profile picture of the author buckeyes09
    Originally Posted by orpaz191 View Post

    Hi guys, Just have a little question for you.
    Many very successful internet marketers have one of these 2 opinions:

    1. some say: You don't have to invent anything. what working is already out there and people doing it everyday. Just do what's working.

    2. The others always say: Never do what everybody else do. Be creative and original. Build a real unique website/service and make a real business out of it, because if everyone doing it, it's already dead.
    In short: "Only dead fish swim with the stream"

    What is your opinion?
    I remember watching a Stanford business school YouTube video that described new businesses as either copying what other people have done, and hopefully do it better, or are new frontier -- exactly what you have described.
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    Christian

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  • Profile picture of the author Randall Magwood
    I agree with option #1. Option 2 doesn't sit too well with me.
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    • Profile picture of the author buckeyes09
      Originally Posted by Randall Magwood View Post

      I agree with option #1. Option 2 doesn't sit too well with me.
      It's high-risk, high-reward. If you want to try something no one else has, you may fail miserable, or may be successful beyond belief.
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      Christian

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  • Profile picture of the author Usmile
    Pretty good point.

    My IM philosophy is " Be Dynamic"

    Internet Marketing is the game people's play. For you to win and be able to make it to the top you should know the rules and play the game on your advantage.
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  • Profile picture of the author Robert Howe
    I think you start with #1 and when that gets to making a sustainable income ... move on to #2
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  • Profile picture of the author celente
    mine is simple.

    1) Take action

    2) See Results

    3) Tweak and test till you see better results

    4) Watch profits roll in.

    But remember WITHOUT doing step 1 you are screwed pretty much, and I would say about 97% of people do not even get to step 1... it is sad but true.
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  • Profile picture of the author paul_1
    I'd say research, research and research and make sure it's enough to make sure or guarantee that it'll work. Then Hardwork, hardwork and hardwork
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  • Profile picture of the author HappyLuke
    dream big
    create a plan of action
    execute
    repeat
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    In America anyone can go straight to the top. And here's what's exciting- It is the bottom that is crowded, not the top.

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  • Profile picture of the author Abby Haukongo
    Listen to Your Inner Voice.
    Be Yourself.
    Dream Big.
    Start Small.

    Abby
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  • Profile picture of the author ryanman
    Mine is very simple - Give up as much free value as you possibly can and money will flow to you automatically.
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  • Profile picture of the author Trevor
    Well you gotta find something that actually WORKS, regardless of whether other people do it or not.

    It is of course better to stand out and not follow what everybody else is doing. Creativity is key and you should be really creative to make it.
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    • Profile picture of the author MBDirect
      Originally Posted by Trevor View Post

      Well you gotta find something that actually WORKS, regardless of whether other people do it or not.

      It is of course better to stand out and not follow what everybody else is doing. Creativity is key and you should be really creative to make it.
      Trevor keeps saying things filled with so much common-sense wisdom , doesn't he.

      Creativity is the key, meaning original thought. Yet you gotta find something that actually WORKS.

      So you need to find a way to do both.

      There's the old saw: Emulate other people's success. If the question is "what niche to compete in" or "What business to go into," get into those things that have the most competition because they are working or there wouldn't be so many people doing it. Or if the question is "How to write the most effective headline," emulate the most successful headlines in history, because they've worked. You see the headline beginning "Who Else Wants to..." blah blah blah over and over because the original worked decades ago and still does today.

      And so, the note between the keys is to do what others have already found to work, but put your own interpretation on it; your own original thought. This is the very heart of advancing technologies and ever-improved products: innovation, applying original thought to existing products, IMHO.

      Thanks for this very interesting question.
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  • Profile picture of the author traffic2
    Test Test Test. When you find a method that works, scale that method.
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  • Profile picture of the author Carlos Tabora
    Originally Posted by orpaz191 View Post

    Hi guys, Just have a little question for you.
    Many very successful internet marketers have one of these 2 opinions:

    1. some say: You don't have to invent anything. what working is already out there and people doing it everyday. Just do what's working.

    2. The others always say: Never do what everybody else do. Be creative and original. Build a real unique website/service and make a real business out of it, because if everyone doing it, it's already dead.
    In short: "Only dead fish swim with the stream"

    What is your opinion?
    Option #1 will help you learn and understand what works today. It will help you make money quickly (even if it is smaller amounts) and your learning curve will be less because you are (hopefully) learning from the mistakes that OTHER marketers have made. However, sudden changes, like Google updating their algorithm, can have a drastic impact on your results. Once this happens, you'll need to take what you can from your existing model and adapt it to the new environment.

    Option #2 will help you build a brand for yourself/your company. You will be learning from your OWN mistakes, but if you are successful you will have better and more "EXIT STRATEGY" options when and/if you decide to sell your business/sites to someone else later. People that only do "Option #1" will have less options because the sites and products they have created can "easily-be-duplicated" by anyone following a formula.

    keep movin'...

    buzz
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    • Profile picture of the author Alminc
      Do what everybody is doing, pretend that it's unique and awsome, and then reverse engineer yourself
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      No links :)
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    • Profile picture of the author orpaz191
      Originally Posted by buzzaddict View Post

      Option #1 will help you learn and understand what works today. It will help you make money quickly (even if it is smaller amounts) and your learning curve will be less because you are (hopefully) learning from the mistakes that OTHER marketers have made. However, sudden changes, like Google updating their algorithm, can have a drastic impact on your results. Once this happens, you'll need to take what you can from your existing model and adapt it to the new environment.

      Option #2 will help you build a brand for yourself/your company. You will be learning from your OWN mistakes, but if you are successful you will have better and more "EXIT STRATEGY" options when and/if you decide to sell your business/sites to someone else later. People that only do "Option #1" will have less options because the sites and products they have created can "easily-be-duplicated" by anyone following a formula.

      keep movin'...

      buzz
      hh Buzz is my nickname too
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      Karma is sweet :)
      The only way to succeed is to make others successful.

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  • Profile picture of the author Nathan251
    do as little as possible for as much money as possible.....only kidding, i guess my philosophy is to get good content out there, work on it and don't be distracted by all the fancy tools, if you build it then they will come - although at the same time be aware of what tools can help you, just don't go overboard on it and to begin with just focus on the process and the content rather than the shortcuts, when you have more sites and grow bigger then you can look at automating or outsourcing stuff
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  • Profile picture of the author sscot
    In the world, there's only one internet marketer like me who's always trying to do the right thing due to the depth of his own awareness.
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  • Profile picture of the author StevenJones
    Focussing on giving value to the customer. Building a long lasting relationship with my customers and trying to keep that smile on their faces. The rest is secondary.
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