29 {{ upvoteCount | shortNum }}
29 {{ upvoteCount | shortNum }}

If you had 1 year to commit full time to learning how to make $10k/month...

by housetruckin
24 replies
...what would you do?

I, a newbie, am taking 1 year to commit full time to learning IM and starting a IM business of some kind. My goal is to be making at least $10k/month after 12-18 months. I do not need to make any money during the first year, though. If you were in my shoes, what course/s would you take if cost were not an issue? What aspect/s of the business would you focus on?

Thanks for your input warriors!
#$10k or month #commit #full #learning #make #time #year
  • Profile picture of the author ilee
    When I started, I didn't have any money for any books. Only enough for domain and hosting for 6 months. Most WSOs only go over everything you can learn for free here.

    First thing I need to warn you is that the IM niche is the most competitive and probably the most profitable niche. Think about that carefully before you pay someone some money.

    Secondly, if I could have started again with what I know now, I wouldn't have built so many small sites but one big one that I could really focus on.
    Signature
    --~***~--


    --~***~--
    {{ DiscussionBoard.errors[7062581].message }}
  • Profile picture of the author HKarver
    Choose one method and stick to it the entire year. Master that one thing rather than flop around with different ideas
    {{ DiscussionBoard.errors[7062776].message }}
    • Profile picture of the author kentrell
      That's so true! i remembered when i use to jump back and forward but now i stick to one thing and master it,then move to the next once its established.
      {{ DiscussionBoard.errors[7063811].message }}
    • Profile picture of the author mbacak
      Originally Posted by HKarver View Post

      Choose one method and stick to it the entire year. Master that one thing rather than flop around with different ideas
      Wise words.... this is what I was going to say.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7065435].message }}
  • Profile picture of the author Bluestarace
    I would concentrate on affiliate marketing. I will build an authority website with awesome content, and drive as much traffic to it as I can. During that process, I will also build my list.
    Signature

    Email me with your content writing needs at awriter4@gmail.comDescramble this word " LPIEKC" and use it as your subject line to earn a 10% discount on your order with me

    Whatever you do, do it well. Do it so well that when people see you do it, they will want to come back and see you do it again and they will want to bring others and show them how well you do what you do.~ Walt Disney.
    {{ DiscussionBoard.errors[7063569].message }}
  • Profile picture of the author djax06
    Ya I would choose one method and try to become an expert in that. Its all possible. So many different ways
    {{ DiscussionBoard.errors[7063596].message }}
  • Profile picture of the author OnlineDJ
    check out whoever you plan to go with.Google them,type the person or Company into Google Search. Phone them ,a phone number is a must and email them. Thanks D.J.
    {{ DiscussionBoard.errors[7063648].message }}
  • Profile picture of the author Des Lau
    If you are a newbie, there's no other way than to just 'do' and learn from your failures. I would give you a medal if you went through your first 12 months learning something that brought you success, but in reality, what you go through as a newbie is far from the portrayal that the IM industry leads you to believe.

    You need to just get out and experiment, learn the ropes, and then discover what aspect you enjoy.

    I hope you have a bit of savings, or a supportive family/partner. The road is tough, just warning!
    Signature
    -----------------------------

    {{ DiscussionBoard.errors[7063726].message }}
    • Profile picture of the author Tayman
      If money wasn't a problem, I would find someone who is making 6 figures a month and pay for one-on-one training.

      Make sure you do your research before choosing the person.

      This way, you can skip a lot of the trial and error and get right down to business.

      Before you go that route though, you need to make sure you have a solid foundation built. That way the mentor won't waste time teaching you the basics.

      Otherwise, do what some of the previous posters said. Focus on one area and master it as much as you can before moving on. Start with affiliate marketing, buy traffic instead of waiting forever for google to send you something, and build a long term SEO project in the background. Work on your list as well.
      {{ DiscussionBoard.errors[7063747].message }}
  • Profile picture of the author Always-A-Warrior
    Never Limit Yourself & Just Do It!!!

    The time you spend here reading everyone's comment is the time you could already be making $10k TODAY!!!
    Signature
    FOR SALE: WebDesignInNewYork.com
    {{ DiscussionBoard.errors[7063843].message }}
  • Profile picture of the author CDarklock
    Originally Posted by housetruckin View Post

    I, a newbie, am taking 1 year to commit full time to learning IM and starting a IM business of some kind.
    Get IM out of the picture.

    You are starting a business. Whatever that business is, you can use IM to market and promote it. Forget IM. Concentrate on what kind of business you want to be in and why.

    Everyone is concerned about the mechanics. How many sites? What monetisation strategy? Which traffic sources?

    That's not what makes the money. It's like saying "I want to learn driving and start a driving business of some kind," then running around asking what kind of car you need and what style of driving to learn and which roads are the best. It basically misses the point.

    Concentrate on what business you are going to be in first. Then worry about how to use IM for it. Everyone goes backwards, learns the tactics, and then tries to jam some kind of business onto them until something fits.

    They start a driving business, then try to do eighty different stupid things while people keep saying "dude, courier service or pizza delivery, it's not hard" and they keep saying "but that's not the business I want to be in." And if that's the case, maybe you don't get to have a driving business.

    There are plenty of businesses out there that can make you $10k a month without ever touching the internet. And there are plenty that can do the same entirely on the internet. And there's a world of possibilities in between. Don't stake your business goals on how you're going to market them.
    Signature
    "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
    {{ DiscussionBoard.errors[7063862].message }}
    • Profile picture of the author Ryan David
      Originally Posted by CDarklock View Post

      Get IM out of the picture.

      You are starting a business. Whatever that business is, you can use IM to market and promote it. Forget IM. Concentrate on what kind of business you want to be in and why.

      Everyone is concerned about the mechanics. How many sites? What monetisation strategy? Which traffic sources?

      That's not what makes the money. It's like saying "I want to learn driving and start a driving business of some kind," then running around asking what kind of car you need and what style of driving to learn and which roads are the best. It basically misses the point.

      Concentrate on what business you are going to be in first. Then worry about how to use IM for it. Everyone goes backwards, learns the tactics, and then tries to jam some kind of business onto them until something fits.

      They start a driving business, then try to do eighty different stupid things while people keep saying "dude, courier service or pizza delivery, it's not hard" and they keep saying "but that's not the business I want to be in." And if that's the case, maybe you don't get to have a driving business.

      There are plenty of businesses out there that can make you $10k a month without ever touching the internet. And there are plenty that can do the same entirely on the internet. And there's a world of possibilities in between. Don't stake your business goals on how you're going to market them.
      I agree 100%. People talking about solo ads, squidoo, article syndication and their businesses just flat out suck. My first internet business (and one that I still run) is about as niche as you can get. It's selling a very simple product to a market and it's using the tools available online to sell more of those products.

      Most people that know my market (but obviously not how much I make) give me this look like "Yeah, yeah, yeah...but tell me how to make good money online. Not a few bucks".

      I guess that's human nature though. It's just funny that people miss things that are right in front of their faces.
      {{ DiscussionBoard.errors[7064574].message }}
  • Profile picture of the author IMSince2003
    Originally Posted by housetruckin View Post

    ...what would you do?

    I, a newbie, am taking 1 year to commit full time to learning IM and starting a IM business of some kind. My goal is to be making at least $10k/month after 12-18 months. I do not need to make any money during the first year, though. If you were in my shoes, what course/s would you take if cost were not an issue? What aspect/s of the business would you focus on?

    Thanks for your input warriors!
    I would do my research and find a coach and pay him to get me started with things that work right from the start. I had the money starting out from the tech. boom, but I did not realize the power of one on one instruction until many years later. And no, I don't mean me (as a coach). This would be ideal for someone like you with no expenses and if cost were no issue.
    Signature
    {{ DiscussionBoard.errors[7064582].message }}
    • Profile picture of the author shidjo
      Originally Posted by IMSince2003 View Post

      I would do my research and find a coach and pay him to get me started with things that work right from the start. I had the money starting out from the tech. boom, but I did not realize the power of one on one instruction until many years later. And no, I don't mean me (as a coach). This would be ideal for someone like you with no expenses and if cost were no issue.
      Can you suggest me someone?
      {{ DiscussionBoard.errors[7065427].message }}
  • Profile picture of the author theory expert
    Banned
    My plan isn't your plan so what I would do is go through hell learning copy...conversion...product creation...market research....traffic generation, and, I would do it all one subject with a bunch of books at a time. Master each subject with a bunch of notes one by one. Then test each function one by one.
    {{ DiscussionBoard.errors[7064745].message }}
  • Profile picture of the author TheEliteWarrior
    Get a coach knowledgeable about the IM niche u want to get into! It shall shorten your learning curve dramatically!
    {{ DiscussionBoard.errors[7065460].message }}
  • Profile picture of the author shidjo
    Can someone suggest a coach?
    {{ DiscussionBoard.errors[7065464].message }}
    • Profile picture of the author housetruckin
      Thank you warriors!

      I appreciate all of the advice to focus on one area...I like that. However, I am brand-spanking new to IM. I don't even know what you mean by a niche, lol. Do you mean a certain product to sell through IM skills? Do you mean a certain method of IM as a niche? I mean when I say I'm a newbie...I'm a new newbie

      A little more about me and my ideas...

      with a caveat first...
      Before I tell you what I do and what I want to do, please understand that I am a newbie...so, I am only telling you what I want to do based on my EXTREMELY limited knowledge in IM. I fully expect all of this to change over time.

      Right now I am going through Alex Jeffries modules. He is a fine teacher, but slooooooow. I have watched 2 hours of his stuff and still don't know a thing about IM. I don't even know if he is going to teach me what I need to know.

      So, what I do is....

      I am an insurance broker. I have been for 12 years. I have generated all of my business through telemarketing and have been reasonably successful, but am tired of it. I want to generate leads online for my insurance business in my particular insurance niche. I would also like to generate leads to sell to other agents

      The other idea I have is to create marketing Youtube videos for a particular hospitality niche and help them position themselves well on google. I would like to charge monthly retainers for this service.

      So...that's what I THINK I want to do. But, again, my scope of knowledge is so narrow that I really do not know if this is what I want to do or not.

      Thanks again warriors!

      p.s. How do I "thank" responders?
      {{ DiscussionBoard.errors[7067357].message }}
      • Profile picture of the author housetruckin
        I spoke too soon here and I owe Alex an apology. His teaching is fantastic. I am 5 hours into it and am learning a great deal. More importantly, I can envision it a little bit.

        Originally Posted by housetruckin View Post


        Right now I am going through Alex Jeffries modules. He is a fine teacher, but slooooooow. I have watched 2 hours of his stuff and still don't know a thing about IM. I don't even know if he is going to teach me what I need to know.
        {{ DiscussionBoard.errors[7069598].message }}
        • Profile picture of the author cashp0wer
          I would pay for one one one coaching with an excellent trainer and at the end of year know everything I need to know to start my business.
          Signature
          My Internet Marketing Blog - Warts And All!
          {{ DiscussionBoard.errors[7069923].message }}
      • Profile picture of the author Marketinc Solutions
        Originally Posted by housetruckin View Post

        Thank you warriors!

        I appreciate all of the advice to focus on one area...I like that. However, I am brand-spanking new to IM. I don't even know what you mean by a niche, lol. Do you mean a certain product to sell through IM skills? Do you mean a certain method of IM as a niche? I mean when I say I'm a newbie...I'm a new newbie

        A little more about me and my ideas...

        with a caveat first...
        Before I tell you what I do and what I want to do, please understand that I am a newbie...so, I am only telling you what I want to do based on my EXTREMELY limited knowledge in IM. I fully expect all of this to change over time.

        Right now I am going through Alex Jeffries modules. He is a fine teacher, but slooooooow. I have watched 2 hours of his stuff and still don't know a thing about IM. I don't even know if he is going to teach me what I need to know.

        So, what I do is....

        I am an insurance broker. I have been for 12 years. I have generated all of my business through telemarketing and have been reasonably successful, but am tired of it. I want to generate leads online for my insurance business in my particular insurance niche. I would also like to generate leads to sell to other agents

        The other idea I have is to create marketing Youtube videos for a particular hospitality niche and help them position themselves well on google. I would like to charge monthly retainers for this service.

        So...that's what I THINK I want to do. But, again, my scope of knowledge is so narrow that I really do not know if this is what I want to do or not.

        Thanks again warriors!

        p.s. How do I "thank" responders?

        Research. research..... And continue to research. While you research, apply with practical meaning (start ACTING).

        The forum says, ACT.... But it sounds like you are definitely trying to build a business, and you have given yourself an education and planning timetable. So without throwing TONs of cash upfront for a quick fix, take the time to learn the "niches" you want to work in.


        I suggest some keyword searches and research on:

        *General Internet Marketing
        *General Affiliate Marketing
        *SEO (Search Engine Optimization)
        *Basic Web Development (don't need to know how, just why and what you'll need... Get familiar with terms used and the language, and WTF is Wordpress or HTML5, etc etc)
        *PPC (Pay Per Click)
        *PPV (Pay Per Call)
        *Direct Media Buys (banners, ads on websites)
        *Email Marketing
        *Online Lead Generation
        *List Building


        Research, soak it all in..... IT'S GOING TO BE ALOT!! And you will begin to figure out what information you need, and what you can throw away.

        Start getting familiar with all the resources and tools, like GoogleAds and all of its tools, eLance and places to outsource ANYTHING, and of course the Warrior Forum.

        there is gold in every post, it's just hard sifting thru all the dirt.


        Checkout the OFFLINE MARKETING section on the forum, there is great info there
        {{ DiscussionBoard.errors[7070001].message }}
  • Profile picture of the author WinstonTian
    Originally Posted by housetruckin View Post

    ...what would you do?

    I, a newbie, am taking 1 year to commit full time to learning IM and starting a IM business of some kind. My goal is to be making at least $10k/month after 12-18 months. I do not need to make any money during the first year, though. If you were in my shoes, what course/s would you take if cost were not an issue? What aspect/s of the business would you focus on?

    Thanks for your input warriors!
    Do as you learn. Do MORE than you learn. Learn more from
    what people do, instead of what they say.

    This could be the shortest answer ever in this thread, but this
    is from personal experience.

    Don't eliminate learning completely. Just don't make it disable
    your doing. Your doing provides feedback for your learning.

    Winston Tian
    Signature

    Cheers,
    Winston
    The Beginner's Doctor

    {{ DiscussionBoard.errors[7067371].message }}
    • Profile picture of the author Marketinc Solutions
      Originally Posted by WinstonTian View Post

      Do as you learn. Do MORE than you learn. Learn more from
      what people do, instead of what they say.

      This could be the shortest answer ever in this thread, but this
      is from personal experience.

      Don't eliminate learning completely. Just don't make it disable
      your doing. Your doing provides feedback for your learning.

      Winston Tian
      Great advice.

      I personally am an over thinker.

      With action, comes a measurable result good/bad that can be improved or scaled up.
      {{ DiscussionBoard.errors[7070023].message }}
    • Profile picture of the author Marketinc Solutions
      Originally Posted by WinstonTian View Post

      Do as you learn. Do MORE than you learn. Learn more from
      what people do, instead of what they say.

      This could be the shortest answer ever in this thread, but this
      is from personal experience.

      Don't eliminate learning completely. Just don't make it disable
      your doing. Your doing provides feedback for your learning.

      Winston Tian
      Great advice.

      I personally am an over thinker.

      With action, comes a measurable result bad/good that can be improved or scaled up.



      Sorry guys, "white noise" probably
      {{ DiscussionBoard.errors[7070027].message }}

Trending Topics