Please help me! I'm failing. Here's WHY...

by mbacak
146 replies
I’m about to reveal why, I believe 99% of the people trying to make money
online are failing miserably ...and probably don’t even know it!

Recently, I made a Shocking discovery after surveying 2,226 people online…

2,226 People Surveyed...

Roughly… 99% of them had no clue why they haven’t made any money
online yet. {...many after trying for months or even after many YEARS!}

I think these are the 3 Biggest Reasons Why People Fail Online...

Biggest Reason #1

They’re listening to the WRONG people!

They can’t find a true “Internet Marketing Insider“; {someone they can
TRUST} who already has a track record and a proven ‘success model’ to help
shortcut their own success.

{Side Note...} If you’re in that boat... It‘s NOT Your Fault because right now
the market is full of fake “wannabe” gurus that you simply can't trust.

Biggest Reason #2

...and this might be ONE of the BIGGEST reasons why people fail...

They Chase Unicorns and Rainbows.

In other words, they’re being blinded by “shiny objects”; grasping for magic
pills that simply don’t exist... while ignoring the “truth” {that lies underneath!}

And many times, they often get a whole pile of "well-researched" information
{that's about as useful as a Pet Rock!}

Sad but True.

Last but not least… Biggest Reason #3

They don't FOCUS! And if they do, they focus on the WRONG things
{that ultimately lead them down the wrong path, costing them precious
time and money}

So you might be asking... “What should I be focusing on?”

The 1st Thing you should focus on:

Building an opt-in list of subscribers so you can have,
and control, your own source of instant traffic!

The survey showed that people believed that they
need {and struggle with getting} “More Traffic”.

IMPORTANT... If they had started off building a ‘list’ from
day 1, they could have targeted, “on demand” traffic that they
can control (and tap into) anytime they want!

Failing to build a list, from the beginning, is one of
the Biggest Regrets of most Internet marketers.

The 2nd Thing you should focus on:

E-mailing Your List...

{Email marketing is the REAL push-button traffic method...}

Imagine, having the power of clicking a button (called ‘Send’) and seeing
people immediately going to whatever site you want and buying!

Emailing narrows your focus to...

•Finding the best Subject lines
•Finding the best Converting emails
•Finding the best Converting offers

Here’s why focusing on those three things will make you even MORE money…

The better the subject line, the more people open and read your email.

The better converting email you have the more clicks you get, which
means more traffic going to the site and seeing the offer.


The better converting the offer is, the more cold hard cash you put in your pocket!

Willie Crawford, (a fellow warrior) who has taught thousands how
to build successful online businesses since late-1996, said this...

"In the niches that I operate in, I earn an average of between
$1 and $3 per month for every subscriber on my lists.”

The 3rd Thing You should focus on:

Figuring out what to do with your money after you make it from your list

I feel those 3 things are the BIGGEST reasons why people are failing online.

What do you think they are? or why are you failing?

I'd love to know...
#failing #focus #help me #i'm failing #motivation #need money
  • Profile picture of the author Ellie M
    Unfortunately I'm guilty of all three! So much information overload and everybody's got THE final answer on how to make money online and 99% of it is crap when you get it. I know there are people making money out there (some of them from selling to me) ... but I'm not yet one of the 1% that's been successful but I've stopped buying the latest shiny object and starting to get it done the right way now.
    Signature

    Ellie Manwiller
    Unbridled Traveler
    "With enchanted eyes we watch as these sweet moments turn to memories."

    {{ DiscussionBoard.errors[7241308].message }}
    • Profile picture of the author mbacak
      Originally Posted by Ellie M View Post

      I've stopped buying the latest shiny object and starting to get it done the right way now.
      I was talking to Dan Kennedy about this last week. I call them unicorns.. he calls them golden turds...
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7241318].message }}
      • Profile picture of the author kendido
        I think I am guilty of 2 and 3. I do listen to the right people, but unfortunately shining object and lack of focus are main obstacles. I think you should add another point: Inability to take action, or what I can call entrepreneurial slumbers.
        {{ DiscussionBoard.errors[7314152].message }}
        • Profile picture of the author mbacak
          Originally Posted by kendido View Post

          I think you should add another point: Inability to take action, or what I can call entrepreneurial slumbers.
          I think that's a great suggestion.

          Reminds me of something I've always believed...

          I've always believed there are three types of people.

          There are thinkers, there are talkers, and there are walkers.

          People that all they do is think about it.
          People that all they do is talk about it.
          And people that just do it... walkers.
          Signature
          The Listbuilding Club (join by clicking below)
          {{ DiscussionBoard.errors[7323754].message }}
  • Profile picture of the author Steve B
    Dare I say it?

    Some folks are just not cut out for the Internet marketing challenge.

    Don't get me wrong, I have often said that everyone has a good business idea within themselves that a savvy Internet marketer could make profitable.

    But not everyone has what it takes to be a business person and no matter how long they try, they are not going to make it unless some major changes occur (which don't often happen.)

    Some folks, for instance, can't stay focused (as you mentioned) on a task for more than a few minutes. No matter how often they jump to a new task, they can't endure long enough in one arena.

    Other folks think they "know it all" and refuse to learn or follow what successful marketer's teach. They aren't going to do well.

    Still other people can't form an intelligent sentence, think clearly, or put their ideas into meaningful comments. They doom themselves.

    Sure, every once in a while the exceptional person overcomes these flaws, but my experience is that 99% of these would-be marketers fail rather quickly and eventually give up.

    Steve
    Signature

    Steve Browne, online business strategies, tips, guidance, and resources
    SteveBrowneDirect

    {{ DiscussionBoard.errors[7241345].message }}
    • Profile picture of the author mbacak
      Originally Posted by Steve B View Post

      Dare I say it?
      You did and I love the candidness... I totally get what you are saying.

      There have been people... I just say to my self this guy will never make it. Then all the sudden they are killing it.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7241394].message }}
      • Profile picture of the author Komsat
        Nice Read! Honestly I think those prerequisites that you mention pertain to life in general, not just IM. Although on your second bullet there is a caveat; If it's truly a shiny object or a unicorn then yes, be prepared to filter it out. However; if it's a Big @ss boat with everyone on it, you better have a boarding pass or be swimming towards it! I guess discerning between the two is the key here!
        {{ DiscussionBoard.errors[7241439].message }}
      • Profile picture of the author kindsvater
        One problem I see is the low barrier to entry, so people assume that means low effort is required.

        It is the just opposite.

        Since anyone can put up a website and call themselves an expert, that low barrier means a higher effort is required to elevate and distinguish a product or service from the sludge.

        .
        {{ DiscussionBoard.errors[7241464].message }}
    • Profile picture of the author DubDubDubDot
      Originally Posted by Steve B View Post

      But not everyone has what it takes to be a business person and no matter how long they try, they are not going to make it unless some major changes occur (which don't often happen.)
      Instead of creating 99 thousand threads on this topic, people just need to accept the above as fact.

      The truth is that people who are going to make it, make it on their own. They don't hang around forums looking for all the answers or rely on $2,000 bizops or even $10 bizops.


      Oh, and nice creative spam thread. Notice how the topic flows seamlessly into the contents found in the OP's sig. Coincidence? No. Just a lame attempt by a fake guru to drive some traffic. Amazing that the "2010 internet marketer of the year" has to stoop to such low levels. Posting for traffic? LOL!
      {{ DiscussionBoard.errors[7252559].message }}
      • Profile picture of the author Troy_Phillips
        Originally Posted by DubDubDubDot View Post



        Oh, and nice creative spam thread. Notice how the topic flows seamlessly into the contents found in the OP's sig. Coincidence? No. Just a lame attempt by a fake guru to drive some traffic. Amazing that the "2010 internet marketer of the year" has to stoop to such low levels. Posting for traffic? LOL!
        Wow Dub .. are you grouchy today or do you just not have any grasp of marketing in general?

        Way too many people are looking for the answers in the wrong place.

        Matt made an informative post. Matt happens to be a very good marketer. When you get to his level the marketing is second nature. It comes out .. and sometimes even unintentionally.

        The entire post is a marketing lesson. The replies are a marketing lesson in themselves. Most could better serve their own ventures by reading more between the lines.

        Matt is no fake guru. I have been on Friday night chat on several occasions and Matt has been there answering anyone and everyone's questions .. and with no sales pitch whatsoever.

        Seems as if you have a chip on your shoulder for those who have been successful. I noticed you doing the same thing to one of Eric's post the other day and the freakin post was two years old.

        While I do not claim to be anywhere near as successful as some on here, you have tried the same junk on some of my threads also. People like you are why the boards are full of "what is the better autoresponder" threads and not nearly as many post from people who have been there and done that.

        Could you point me to thread of yours that offers any value? If not why not leave those who are alone. I myself don't want to log on here, sooner rather than later, and only see the dub dub dub type of post and threads.
        Signature

        {{ DiscussionBoard.errors[7258313].message }}
        • Profile picture of the author DubDubDubDot
          Originally Posted by Troy_Phillips View Post

          Seems as if you have a chip on your shoulder for those who have been successful.
          I have a low tolerance for academic theorists (read: fake gurus) that have positioned themselves as authority figures in online business. You call that success. I call it deception (and the FTC, SEC, state's attorney general and so on tend to be on my side of this opinion).

          What they essentially do is sell you something and then teach you (in part) how they sold it to you. The concept being that you can then do the same thing to others. You are sold air, and then you sell air. The guru industry resembles a complex pyramid scheme in this manner, and it's going to fall apart within the next few years just as the envelope stuffing industry did. The writing is already on the wall. This is not something you want to be involved with if you have aspirations of a long term online business career (or you're simply not a sociopath).

          There is no doubt that some of these guys have made money doing their thing, but I personally do not consider them to be legitimate for reasons outlined above. As such, Warriors that use fake gurus as their sources of inspiration probably don't like some of the posts that I make from time to time.
          {{ DiscussionBoard.errors[7263967].message }}
          • Profile picture of the author Troy_Phillips
            Originally Posted by DubDubDubDot View Post

            I have a low tolerance for academic theorists (read: fake gurus) that have positioned themselves as authority figures in online business. You call that success. I call it deception (and the FTC, SEC, state's attorney general and so on tend to be on my side of this opinion).
            You are making assumptions. Do you know Matt? Have you ever even contacted him and ask him any questions? AS much as he sells the FTC would already have him if he was as you perceive.

            I don't disagree with you about most of what you say .. just a couple of the people you have lumped in the stew are good people.

            While I have learned a lot from a lot of people here, Matt, Eric Louviere, Paul Myers, and Mike Hill stand out as people who have really helped me a lot. Eric, Paul, and Mike, have never made a dime off of me and Matt hasn't since the "Dirt Sheet" days .. and that has been a long time back. So yeah, I don't like seeing those people lumped in with the wrong crowd by someone who doesn't have anything to back it up with.
            Signature

            {{ DiscussionBoard.errors[7264518].message }}
  • Profile picture of the author gjohansson1
    Originally Posted by mbacak View Post

    The 1st Thing you should focus on:

    Building an opt-in list of subscribers so you can have,
    and control, your own source of instant traffic!
    This was the first thing I learned and to be honest, I would probably be on the street if I didn't learn it when I did. I didn't make a ton of money at that time (or even today) but it was enough to put food on the table and keep things moving.

    Aside from my personal problems, I always recommend building lists before anything else.

    As far as the failing goes, I believe the only true failure is to do nothing. Even if no money is being made, consistent work towards making that income is just part of the process. Of course with the right training that process can be accelerated.

    Thanks for the great post!
    {{ DiscussionBoard.errors[7241445].message }}
    • Profile picture of the author mbacak
      Originally Posted by gjohansson1 View Post

      This was the first thing I learned and to be honest, I would probably be on the street if I didn't learn it when I did.
      Aren't you glad.. I know I was - I started building my list in 2001.

      Originally Posted by gjohansson1 View Post

      As far as the failing goes, I believe the only true failure is to do nothing.
      I totally agree with you.

      Originally Posted by gjohansson1 View Post

      Thanks for the great post!
      No problem.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7241637].message }}
  • Profile picture of the author Mark Singletary
    Originally Posted by mbacak View Post


    Biggest Reason #1

    They can't find a true "Internet Marketing Insider"; {someone they can
    TRUST} who already has a track record and a proven 'success model' to help
    shortcut their own success.

    {Side Note...} If you're in that boat... It's NOT Your Fault because right now
    the market is full of fake "wannabe" gurus that you simply can't trust.

    Biggest Reason #2

    ...and this might be ONE of the BIGGEST reasons why people fail...

    They Chase Unicorns and Rainbows.

    In other words, they're being blinded by "shiny objects"; grasping for magic
    pills that simply don't exist... while ignoring the "truth" {that lies underneath!}
    And see this is the problem right here. All the "insiders" are mailing about those unicorns and rainbows every 2-3 days.

    Insider needs to make a living and they do so by emailing. In order to keep emailing they need to have a variety of products and services to email about. So John Subscriber gets 15 next big things having to do with traffic, 12 next big things having to do with social networking, and 8 next big things about making it big as an affiliate/product creator.

    Most "insiders" are in this to make a buck - NOT to help someone really make a bunch of money. If they really cared they would not talk about all these next big things but they would lay out a plan that would not change every week with the next new kind of hammer that comes out. They wouldn't say "you have to have this or you will fail". They wouldn't use language to fool you such as talking about their friends when it's just a way for them to make an affiliate commission.

    Last but not least... Biggest Reason #3

    They don't FOCUS! And if they do, they focus on the WRONG things
    {that ultimately lead them down the wrong path, costing them precious
    time and money}

    So you might be asking... "What should I be focusing on?"

    The 1st Thing you should focus on:

    Building an opt-in list of subscribers so you can have,
    and control, your own source of instant traffic!

    The survey showed that people believed that they
    need {and struggle with getting} "More Traffic".

    IMPORTANT... If they had started off building a 'list' from
    day 1, they could have targeted, "on demand" traffic that they
    can control (and tap into) anytime they want!

    Failing to build a list, from the beginning, is one of
    the Biggest Regrets of most Internet marketers.
    Case in point #2. They don't need traffic they need to build a list. But how do you get someone to your squeeze page without traffic.

    See this is what many of the trusted insiders feed their subscribers. Round about, unclear, and impossible for anyone to succeed by following the advice.

    But the good news is that there will be an email coming out next week from said trusted insider about how to get more traffic.

    I'm not anti insider. I'm antiBS. I'm not suggesting that insiders should share their information for free or anything of the sort - I don't. But I am suggesting that there be some transparency and honesty here if someone is putting themselves out to be a "trusted insider".

    Mark
    {{ DiscussionBoard.errors[7241451].message }}
  • Profile picture of the author Jesse L
    Originally Posted by mbacak View Post

    I’m about to reveal why, I believe 99% of the people trying to make money
    online are failing miserably ...and probably don’t even know it!
    I believe that this might hold true... for the first couple of months or so.
    But I believe people actually deep down know what they are doing or not doing that is causing the problems(s). So they search and search for a way to do the tasks that they do not want to do or refuse to acknowledge. Yes, outsourcing can be a solution for some of this... but that takes funds they do not have.

    So they spend countless hours and money (often bill money) searching and searching for that magic paragraph that will change their lives forever. That one sentence that will tell them how to make all of the dirt go away.

    I think the most success comes from watching and learning from others, both successful and complete failures. Then and only then do you put that Knowledge together too make "Yourself" shine.

    I do not want to buy from Jack that is trying to be John. I want to buy from Jack that is open and truely being Jack.
    So in other words, quit jacking around and passing the buck, making all of this entirely more complicated than what it needs to be. Just be who you really are and use your uniqueness to design and grow "Your" business.
    Focusing on the money instead of yourself and your network will only hinder you...

    my 2 cents

    JL
    {{ DiscussionBoard.errors[7241528].message }}
  • Profile picture of the author shane_k
    The only thing that I would add is tracking and testing.

    I think too many marketers never really get around to these things. Sure they might do a bit of tracking, and a bit of testing.

    But they don't put in enough effort to truly understand what they are seeing when they see their numbers.

    And it is this lack of tracking and testing that causes them to "not know why they are failing"

    And it causes them to waste huge amounts of time on efforts that are bringing them no results at all. But they do those things because that is what they were told to do.

    But if they were to make a commitment to themselves to track and test their processes and systems, then they will be able to stop doing the things that bring no results, and focus their energies on the things that do work.

    Not only that but I think when you track and test your mindset changes from "I have to find that magic bullet" to "how can I improve what I already know works?"

    With tracking and testing you start to rely on skill and knowledge, but without you are relying on hope and chance.
    {{ DiscussionBoard.errors[7241863].message }}
  • Profile picture of the author smkmarketing
    I think fear of failure paralyzes many people as well, not to mention the lack of taking real action to get something to work. Its not something you can just cruise through and expect awesome results.
    {{ DiscussionBoard.errors[7241982].message }}
    • Profile picture of the author mbacak
      Originally Posted by smkmarketing View Post

      I think fear of failure paralyzes many people as well, not to mention the lack of taking real action to get something to work. Its not something you can just cruise through and expect awesome results.
      You know what's crazy... is the fear of success gets in peoples way sometimes too.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7242033].message }}
      • Profile picture of the author Michael Oksa
        Originally Posted by mbacak View Post

        You know what's crazy... is the fear of success gets in peoples way sometimes too.
        So true, Matt!

        How often have you mentioned to a friend that you would like a big house or a fancy car...only to have them say...

        "I would hate cleaning a house that big!"

        "Do you have any idea how expensive insurance would be on a car like that?"

        These are the type of people who will never have to worry about such "problems".

        All the best,
        Michael
        Signature

        "Ich bin en fuego!"
        {{ DiscussionBoard.errors[7242416].message }}
        • Profile picture of the author mbacak
          Originally Posted by Michael Oksa View Post

          So true, Matt!

          How often have you mentioned to a friend that you would like a big house or a fancy car...only to have them say...

          "I would hate cleaning a house that big!"

          "Do you have any idea how expensive insurance would be on a car like that?"

          These are the type of people who will never have to worry about such "problems".

          All the best,
          Michael
          Funny when I answered that I never thought of the things you brought up. I thought more of the fear of getting bigger as in getting noticed more and people being negative towards you online... good thought...
          Signature
          The Listbuilding Club (join by clicking below)
          {{ DiscussionBoard.errors[7242905].message }}
      • Profile picture of the author Due Diligence
        Originally Posted by mbacak View Post

        You know what's crazy... is the fear of success gets in peoples way sometimes too.
        Man ... This comment spoke to me directly. It's weird and it's funny that only some people understand that feeling. When I first realized what was actually needed of myself to be successful, I was nervous for some reason cause I knew deep down inside my life would never be the same.. Knowing my own work ethic, endurance and comprehension I knew it would be a matter of time before my whole life changed and the subconsciously held me back ... like a said, it was a weird feeling.
        {{ DiscussionBoard.errors[7252460].message }}
        • Profile picture of the author mbacak
          Originally Posted by Due Diligence View Post

          Man ... This comment spoke to me directly. It's weird and it's funny that only some people understand that feeling. When I first realized what was actually needed of myself to be successful, I was nervous for some reason cause I knew deep down inside my life would never be the same.. Knowing my own work ethic, endurance and comprehension I knew it would be a matter of time before my whole life changed and the subconsciously held me back ... like a said, it was a weird feeling.
          You know why I said that... cause that has been my issue and many others I've privately spoken with. But, putting on blinders and focusing on the goal has always helped me.
          Signature
          The Listbuilding Club (join by clicking below)
          {{ DiscussionBoard.errors[7252497].message }}
        • Profile picture of the author Due Diligence
          I only started making money when I decided to stop this crazy "wild goose chase" and realized the ONLY REAL SHORTCUT TO SUCCESS WAS .... (drum roll) ... THE LONG WAY
          meaning there is NONE! and the sooner you realize this the sooner you stop wasting your time looking for the shortcut. And even if it did exist by the time you found it you could have been rich already? I mean it took you 5 years to find the short cut and took me 1 year to go the long way ... then Which one was really the shortcut?
          {{ DiscussionBoard.errors[7252533].message }}
          • Profile picture of the author mbacak
            Looking back...

            Originally Posted by Due Diligence View Post

            I mean it took you 5 years to find the short cut and took me 1 year to go the long way ... then Which one was really the shortcut?
            I think Jill nailed it.

            Originally Posted by Jill Carpenter View Post

            I learn more (and more quickly) through failure.
            Signature
            The Listbuilding Club (join by clicking below)
            {{ DiscussionBoard.errors[7252543].message }}
        • Profile picture of the author Due Diligence
          Sorry ... When I say "you" I actually didn't mean you Matt lol I just meant in general
          {{ DiscussionBoard.errors[7252544].message }}
  • Profile picture of the author Adamw
    Great post, I'm certainly guilty of not building a list, should be the first step you take. All traffic that come through sites you own is gone when it's gone otherwise. You should have a way of calling them back at will!
    Signature
    UK Warriors EARN £2000 A Month GET STARTED FOR FREE NOW
    Join Profit Accumulator CLICK HERE
    {{ DiscussionBoard.errors[7242209].message }}
  • Profile picture of the author refermoneyus
    Believe it or not i just started my own affiliate business online and have made money of course but i didnt know nothing about internet marketing. I learned by watching you tube videos on how to do this or that. some ways have work and some have not.

    David
    {{ DiscussionBoard.errors[7242246].message }}
  • Profile picture of the author spoton02
    Hey Matt. One other BIG reason what stops people getting started on line is MONEY
    or should I say the lack of I know I have been online trying to get a start for over 5 years now
    I have a hhuuuummmmm website that I am unable to build due to the lack of knowledge and I foolishly keep it going knowing I could do with the money for food but I keep it in hopes that
    one day I will figure it out I have tried Affiliate Marketing but free traffic is the pits when it comes to trying to make money everyone knows it is solo ads that makes the money and solo ads cost money so to be honest if you don't have money to start you don't have a hope in hell's chance
    {{ DiscussionBoard.errors[7242749].message }}
  • Profile picture of the author Steve Moore
    Well said. So many people need to read this and really understand it. Thank you for putting it out there.
    {{ DiscussionBoard.errors[7243200].message }}
  • Profile picture of the author Randall Magwood
    Well when i USED to fail... my problem was infatuation with the 1st sale. I did no backend marketing, even though i was getting alot of front end customers. Because of this, i didn't recoup any money lost via advertising, i did no free marketing to lower the customer acquisition cost...... and i was forced out of business. I know better now though.
    {{ DiscussionBoard.errors[7243284].message }}
    • Profile picture of the author mbacak
      Originally Posted by Randall Magwood View Post

      I did no backend marketing, even though i was getting alot of front end customers.
      It took me a while to learn, when a buyers in heat... a buyers in heat. The best time to make an offer is right when they buy because they are hot.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7243997].message }}
  • Profile picture of the author Yusuke
    I have been online for about 3 years plus and i think that the main reason why i only starts to make money online this year is because previously i never focus enough on the right things. When i start to do a project, i usually did not finish it then starts to move onto the next project/website. I never have the chance to see any results at all because i "jump" around so often
    {{ DiscussionBoard.errors[7243437].message }}
    • Profile picture of the author mbacak
      Originally Posted by Yusuke View Post

      I have been online for about 3 years plus and i think that the main reason why i only starts to make money online this year is because previously i never focus enough on the right things. When i start to do a project, i usually did not finish it then starts to move onto the next project/website. I never have the chance to see any results at all because i "jump" around so often
      My buddy, Mike Litman calls it the entrepreneurial curse.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7243510].message }}
  • Profile picture of the author Beverley Boorer
    Its all very well to talk about how building the list is the most important thing - but how do you build it? I have tried many ways and most of them seem to fail. Offering gifts for subscription is not working, solo ad did not work since all subs came from bolivia and two could not even speak the lingo. Free ads have not worked. People come, look and leave. No buying, no subscribing. What to do? I have really good products.
    {{ DiscussionBoard.errors[7243541].message }}
    • Profile picture of the author mbacak
      Originally Posted by Beverley Boorer View Post

      Its all very well to talk about how building the list is the most important thing - but how do you build it?
      Here are 3 Fundamental Things You Need to Get Started:

      1. Domain & Hosting Accounts {...so you can put up your email "catcher"}

      2. Opt-in Page aka Email "Catcher" {...so you can ethically bribe people to give you their email address.}

      3. AutoResponder {...so you can start collecting & sending emails}

      *Of course... you can find that out by doing a little research online or in the forum...
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7243561].message }}
      • Profile picture of the author Geeked Labs
        The big reason I've seen people fail is focusing too much on "FREE" traffic & ignoring paid marketing.
        {{ DiscussionBoard.errors[7243665].message }}
        • Profile picture of the author SteveSRS
          Originally Posted by Geeked Labs View Post

          The big reason I've seen people fail is focusing too much on "FREE" traffic & ignoring paid marketing.
          I have to say I love your sig so true.. However I don't totally agree with what you said though.. 'free traffic' and 'paid marketing' aren't really things you can compare.. I assume you mean 'free traffic' and 'paid traffic' there.. and you should not ignore the paid traffic but it ain't THE solution either..

          I've only recently started in IM business and looking at marketing a bit different then I did before (on this forum and others) however have been doing business online since 2002 and what I just found out (with my first WSO launch) is creating the hype and the feedback for your product is more difficult then it seems but I do still 100% believe in
          1. create product (although for success you might need to create a couple)
          2. sell + create buyer list
          3. profit
          {{ DiscussionBoard.errors[7252654].message }}
          • Profile picture of the author mbacak
            Originally Posted by SteveSRS View Post

            1. create product (although for success you might need to create a couple)
            2. sell + create buyer list
            3. profit
            You are 100% correct. Building a list via optin page is the direction I talked about in the original post but... when you brought this up I totally smacked my head... cause your right... building a list via opt in or via offer (buyers)...that's a good point and should have attention on... those two ways.
            Signature
            The Listbuilding Club (join by clicking below)
            {{ DiscussionBoard.errors[7252672].message }}
    • Profile picture of the author mbacak
      Originally Posted by Beverley Boorer View Post

      Offering gifts for subscription is not working, solo ad did not work since all subs came from bolivia and two could not even speak the lingo. Free ads have not worked. People come, look and leave. No buying, no subscribing. What to do? .
      Does the page have one purpose, such as to subscribe or are there different things for people to do? (such as click on links to go to go to other pages)

      Have you split tested the page?
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7243571].message }}
    • Profile picture of the author Willie Crawford
      Originally Posted by Beverley Boorer View Post

      Its all very well to talk about how building the list is the most important thing - but how do you build it? I have tried many ways and most of them seem to fail. Offering gifts for subscription is not working, solo ad did not work since all subs came from bolivia and two could not even speak the lingo. Free ads have not worked. People come, look and leave. No buying, no subscribing. What to do? I have really good products.
      Beverley, you gift needs to be so good that they would happily
      pay for it, and they will happily opt-in. You squeeze page also
      needs to focus on selling them on the opt-in, just a much as
      if you were actually trying to sell them a product.

      I know that it seems like a lot of trouble, but in the long
      run it's worth it.

      Willie
      Signature

      Here's A Ready-Made High Ticket Product To Make Your Own.
      Click To Go BIG!

      {{ DiscussionBoard.errors[7250865].message }}
  • Profile picture of the author Jackson Tan
    very true.. but is difficult to say if you are listening to the wrong 'gurus'. their methods worked for them but it is for them, you are not them and if you failed and blamed them? I think it is slightly unfair. aiysss~ is getting complicated..

    imho. is the lack of taking massive RIGHT actions that led to failure.. but remember time should never is a constraint for u..

    cheers!
    {{ DiscussionBoard.errors[7243803].message }}
  • Profile picture of the author KevinDahlberg
    Sounds like my first year online. I'm just now starting to build a list. Just put my first free report up on my website tonight.

    One of the things I've realized is that you need to have a willingness to fail. Get your first product out there and see how people react to it. If it works, keep doing it. If not, figure out something else that might work. Eventually you'll find something that gets people to buy. You'll never learn, though, unless you are willing to fail.
    {{ DiscussionBoard.errors[7243806].message }}
    • Profile picture of the author mbacak
      Originally Posted by KevinDahlberg View Post

      You'll never learn, though, unless you are willing to fail.
      My wife was at a conference a few years ago, and some big wig at Google said... "we fail faster that's why we win faster".... I've never forgot that.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7243835].message }}
  • Profile picture of the author msu
    I think the biggest problem is too much reading and not enough (or any) doing. You have to start making mistakes to have something to learn from.
    Signature
    New to WordPress? Save time with my beginner's guide:
    WordPress Step-by-Step
    (for Kindle & Kindle Apps)

    I'm a top-notch WordPress developer: hire me
    {{ DiscussionBoard.errors[7244007].message }}
    • Profile picture of the author mbacak
      Originally Posted by msu View Post

      I think the biggest problem is too much reading and not enough (or any) doing. You have to start making mistakes to have something to learn from.
      That's a good one. I remember when I stopped reading "think and grow rich" and started taking action and got rich.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7244017].message }}
  • Profile picture of the author mbacak
    Originally Posted by Alyona The Publicist View Post

    why did you spend time surveying 2,226 People online?
    My survey asked one question:

    "What is your biggest challenge in Internet Marketing?"

    I asked because I wanted to know what people needed help with.

    Originally Posted by Alyona The Publicist View Post

    where did you conduct your survey?
    My site and Facebook ads targeting internet marketers.
    Signature
    The Listbuilding Club (join by clicking below)
    {{ DiscussionBoard.errors[7245230].message }}
  • Profile picture of the author argangapoi
    Banned
    [DELETED]
    {{ DiscussionBoard.errors[7245685].message }}
    • Profile picture of the author mbacak
      Originally Posted by argangapoi View Post

      I'm just now starting to build a list. Just put my first free report up on my website tonight.
      Congrats...

      Next step setting up a split test :-)

      You never know if your right or completely wrong. What I think will
      work - won't and what I think won't - will... the numbers don't lie.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7246056].message }}
  • Profile picture of the author ptcrefko
    thats why newbies like us needs a good mentor that teaches us step by step. And not the advice what we are passionate about. we are just passionate about to make money online and get out for a 9-5 jobs
    {{ DiscussionBoard.errors[7245703].message }}
  • Profile picture of the author apnavarun
    In my opinion nobody get success online unless one is experienced, we try and fail but we learn something, we read things we implement them and everything gets on track slowly. Never think of shortcuts they lead to nowhere
    {{ DiscussionBoard.errors[7245745].message }}
  • Profile picture of the author ska211
    Originally Posted by mbacak View Post

    I’m about to reveal why, I believe 99% of the people trying to make money
    online are failing miserably ...and probably don’t even know it!

    Recently, I made a Shocking discovery after surveying 2,226 people online…

    2,226 People Surveyed...

    Roughly… 99% of them had no clue why they haven’t made any money
    online yet. {...many after trying for months or even after many YEARS!}

    I think these are the 3 Biggest Reasons Why People Fail Online...

    Biggest Reason #1

    They’re listening to the WRONG people!

    They can’t find a true “Internet Marketing Insider“; {someone they can
    TRUST} who already has a track record and a proven ‘success model’ to help
    shortcut their own success.

    {Side Note...} If you’re in that boat... It‘s NOT Your Fault because right now
    the market is full of fake “wannabe” gurus that you simply can't trust.

    Biggest Reason #2

    ...and this might be ONE of the BIGGEST reasons why people fail...

    They Chase Unicorns and Rainbows.

    In other words, they’re being blinded by “shiny objects”; grasping for magic
    pills that simply don’t exist... while ignoring the “truth” {that lies underneath!}

    And many times, they often get a whole pile of "well-researched" information
    {that's about as useful as a Pet Rock!}

    Sad but True.

    Last but not least… Biggest Reason #3

    They don't FOCUS! And if they do, they focus on the WRONG things
    {that ultimately lead them down the wrong path, costing them precious
    time and money}

    So you might be asking... “What should I be focusing on?”

    The 1st Thing you should focus on:

    Building an opt-in list of subscribers so you can have,
    and control, your own source of instant traffic!

    The survey showed that people believed that they
    need {and struggle with getting} “More Traffic”.

    IMPORTANT... If they had started off building a ‘list’ from
    day 1, they could have targeted, “on demand” traffic that they
    can control (and tap into) anytime they want!

    Failing to build a list, from the beginning, is one of
    the Biggest Regrets of most Internet marketers.

    The 2nd Thing you should focus on:

    E-mailing Your List...

    {Email marketing is the REAL push-button traffic method...}

    Imagine, having the power of clicking a button (called ‘Send’) and seeing
    people immediately going to whatever site you want and buying!

    Emailing narrows your focus to...

    •Finding the best Subject lines
    •Finding the best Converting emails
    •Finding the best Converting offers

    Here’s why focusing on those three things will make you even MORE money…

    The better the subject line, the more people open and read your email.

    The better converting email you have the more clicks you get, which
    means more traffic going to the site and seeing the offer.


    The better converting the offer is, the more cold hard cash you put in your pocket!

    Willie Crawford, (a fellow warrior) who has taught thousands how
    to build successful online businesses since late-1996, said this...

    "In the niches that I operate in, I earn an average of between
    $1 and $3 per month for every subscriber on my lists.”

    The 3rd Thing You should focus on:

    Figuring out what to do with your money after you make it from your list

    I feel those 3 things are the BIGGEST reasons why people are failing online.

    What do you think they are? or why are you failing?

    I'd love to know...
    I am / was guilty of just about all those things.

    Thankfully I found the right type of person to mentor me before I wasted years and thousands $$$ chasing "golden turds" (lol). Just by implementing something as easy as tracking I've been able to turn a 100 click solo in to 80 opt-ins rather than my usual 50-60.

    As you said, "focus"... I focus on tracking and improving rather than chasing down miracle products. Viewing sales pages is an educational experience now rather than rainbow chasing.

    Hopefully this little insight helps at least one struggling marketer lurking the threads.
    {{ DiscussionBoard.errors[7246076].message }}
    • Profile picture of the author mbacak
      Originally Posted by ska211 View Post

      Thankfully I found the right type of person to mentor me before I wasted years and thousands $$$ chasing "golden turds" (lol). w rather than rainbow chasing.
      YES... beware of the "Golden Turds" they are everywhere... and the next one coming to the market hard is "Binary Trading".... BEWARE..
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7246306].message }}
  • Profile picture of the author InfiniteInc
    These are some great reasons, I remember (even rather recently) being trapped by all three of these. I think the problem stems with many people who know nothing about internet marketing (the newbies) trying to somehow teach other markets how to make money.

    I couldn't find a good marketer to follow (how had laid their strategies out on the table) until only recently and it's a real shame so many people who are new to IM have to go through the same thing.
    {{ DiscussionBoard.errors[7246174].message }}
  • Profile picture of the author WeavingThoughts
    Nice post. But are there really very few genuine Gurus? Can stats on how many are genuine?
    {{ DiscussionBoard.errors[7246466].message }}
    • Profile picture of the author mbacak
      Originally Posted by WeavingThoughts View Post

      Nice post. But are there really very few genuine Gurus? Can stats on how many are genuine?
      I think the fastest way to narrow it down....

      Fake names vrs Real names

      Then pick from the real names.

      Here's why I say that: If someone uses there own name they are
      more likely to have an ethical line.... and then think about this... do
      fake people have an ethical line? answer: 99% of the time - NO!
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7246532].message }}
    • Profile picture of the author lanfear63
      How do I get to hear about all the new stuff, be it IM stuff or real physical products, a lot of it comes via email. I buy a lot of stuff based on emails telling me about it unless I am actually looking for it myself in which case it comes via search engines, tv and radio ads or word of mouth etc. Aside from just walking around stores. The old fashioned way.

      So yes email marketing works. But as has been said very few email marketeers have your best interest at heart. They want to sell you something, anything to make money. Scant few you might have trust or respect for, scant few actually have tested the products themselves. So unless you take the time to see if something works then your just sending out relatively spammy emails. I hate it but it seems to be a nessasay evil to make money.

      What else worked. The keyword researched niche sites of a couple of years ago actually used to work. you could select a keyword, build a site around it and if done properly, (not rocket science) you would be on page one of Google and earn some money.

      Now since google changed the game there is no real way to rank anymore following simple formula's. It's all up in the air. You have to get traffic direct to a site or die.

      Just my 2 penneth
      Signature

      Feel The Power Of The Mark Side

      {{ DiscussionBoard.errors[7246684].message }}
      • Profile picture of the author mbacak
        Originally Posted by lanfear63 View Post

        Now since google changed the game there is no real way to rank anymore following simple formula's. It's all up in the air. You have to get traffic direct to a site or die.
        I know the feeling... Google updates their algorithms with some new ‘zoo animal name’ (like panda) feels like all the time and then you watch your websites and blogs drop in rankings!! Drives me NUTZ...
        Signature
        The Listbuilding Club (join by clicking below)
        {{ DiscussionBoard.errors[7246863].message }}
  • Profile picture of the author thedanbrown
    I don't think there are stats per se on how many gurus are genuine. Really, it just comes down to being able to judge who the ethical marketers are and who's just flooding the market with garbage. I can assure you there are a bunch of people on both sides of the fence.

    Anyways, I'm glad I found this thread because I am looking to join a mentor program.
    {{ DiscussionBoard.errors[7246492].message }}
  • Profile picture of the author sirtiman
    Not everyone start with the same level, like ...list building.
    {{ DiscussionBoard.errors[7246536].message }}
    • Profile picture of the author mbacak
      Originally Posted by sirtiman View Post

      Not everyone start with the same level, like ...list building.
      Can you clarify what you mean... I don't want to make any wrong assumptions.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7246546].message }}
      • Profile picture of the author ExRat
        Hi,

        Free bonus forum marketing/authority positioning lesson -

        {Prime}

        Biggest Reason #1

        They’re listening to the WRONG people!

        They can’t find a true “Internet Marketing Insider“; {someone they can
        TRUST} who already has a track record and a proven ‘success model’ to help
        shortcut their own success.

        {Side Note...} If you’re in that boat... It‘s NOT Your Fault because right now
        the market is full of fake “wannabe” gurus that you simply can't trust.
        {Fire!}

        I was talking to Dan Kennedy about this last week. I call them unicorns.. he calls them golden turds...


        Aren't you glad.. I know I was - I started building my list in 2001.


        My buddy, Mike Litman calls it the entrepreneurial curse.


        That's a good one. I remember when I stopped reading "think and grow rich" and started taking action and got rich.
        {Scroll down and click...}

        Signature


        Roger Davis

        {{ DiscussionBoard.errors[7246654].message }}
  • Profile picture of the author nmcc
    I find it amazing how many newbies try to start with a niche of the IM market itself. How can they possibly tell others how to do it when they haven't actually been there and done that themselves. The result is that there appears to be lots of desperate marketers producing golden turds to try to make the bills. Resulting in poor results and diminished trust.
    {{ DiscussionBoard.errors[7246906].message }}
    • Profile picture of the author mbacak
      Originally Posted by nmcc View Post

      The result is that there appears to be lots of desperate marketers producing golden turds to try to make the bills. Resulting in poor results and diminished trust.
      Unfortunately, that's happening all the time.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7248050].message }}
      • Profile picture of the author nmcc
        Originally Posted by mbacak View Post

        Unfortunately, that's happening all the time.
        One of the recent WSO's from one of the goo-roos about making things happen was a lead in to getting a pile of total noobs to start advising on IM. This is like multi-level marketing gone mad combined with the blind leading the blind.
        {{ DiscussionBoard.errors[7250703].message }}
  • Profile picture of the author 2good2lose
    Originally Posted by mbacak View Post

    I'm about to reveal why, I believe 99% of the people trying to make money
    online are failing miserably ...and probably don't even know it!

    Recently, I made a Shocking discovery after surveying 2,226 people online...

    2,226 People Surveyed...

    Roughly... 99% of them had no clue why they haven't made any money
    online yet. {...many after trying for months or even after many YEARS!}

    I think these are the 3 Biggest Reasons Why People Fail Online...

    Biggest Reason #1

    They're listening to the WRONG people!

    They can't find a true "Internet Marketing Insider"; {someone they can
    TRUST} who already has a track record and a proven 'success model' to help
    shortcut their own success.

    {Side Note...} If you're in that boat... It's NOT Your Fault because right now
    the market is full of fake "wannabe" gurus that you simply can't trust.

    Biggest Reason #2

    ...and this might be ONE of the BIGGEST reasons why people fail...

    They Chase Unicorns and Rainbows.

    In other words, they're being blinded by "shiny objects"; grasping for magic
    pills that simply don't exist... while ignoring the "truth" {that lies underneath!}

    And many times, they often get a whole pile of "well-researched" information
    {that's about as useful as a Pet Rock!}

    Sad but True.

    Last but not least... Biggest Reason #3

    They don't FOCUS! And if they do, they focus on the WRONG things
    {that ultimately lead them down the wrong path, costing them precious
    time and money}

    So you might be asking... "What should I be focusing on?"

    The 1st Thing you should focus on:

    Building an opt-in list of subscribers so you can have,
    and control, your own source of instant traffic!

    The survey showed that people believed that they
    need {and struggle with getting} "More Traffic".

    IMPORTANT... If they had started off building a 'list' from
    day 1, they could have targeted, "on demand" traffic that they
    can control (and tap into) anytime they want!

    Failing to build a list, from the beginning, is one of
    the Biggest Regrets of most Internet marketers.

    The 2nd Thing you should focus on:

    E-mailing Your List...

    {Email marketing is the REAL push-button traffic method...}

    Imagine, having the power of clicking a button (called 'Send') and seeing
    people immediately going to whatever site you want and buying!

    Emailing narrows your focus to...

    •Finding the best Subject lines
    •Finding the best Converting emails
    •Finding the best Converting offers

    Here's why focusing on those three things will make you even MORE money...

    The better the subject line, the more people open and read your email.

    The better converting email you have the more clicks you get, which
    means more traffic going to the site and seeing the offer.

    The better converting the offer is, the more cold hard cash you put in your pocket!

    Willie Crawford, (a fellow warrior) who has taught thousands how
    to build successful online businesses since late-1996, said this...

    "In the niches that I operate in, I earn an average of between
    $1 and $3 per month for every subscriber on my lists."

    The 3rd Thing You should focus on:

    Figuring out what to do with your money after you make it from your list

    I feel those 3 things are the BIGGEST reasons why people are failing online.

    What do you think they are? or why are you failing?

    I'd love to know...
    The answer is quite simple, it is simply because they are not in a learning environment...they are trying to re-invent the wheel on HOW to learn...but the mistake is not only theirs, Because too many are trying to re-invent the wheel on HOW to teach!

    Soon enough, I plan to reveal the solution on HOW to learn without failure!
    It will GUARANTEE Success!
    {{ DiscussionBoard.errors[7247068].message }}
    • Profile picture of the author Jill Carpenter
      Originally Posted by 2good2lose View Post


      Soon enough, I plan to reveal the solution on HOW to learn without failure!
      It will GUARANTEE Success!
      That wouldn't be a good course for me.

      I learn more (and more quickly) through failure.
      Signature

      "May I have ten thousand marbles, please?"

      {{ DiscussionBoard.errors[7252318].message }}
  • Profile picture of the author David DeAndre
    You've definitely brought up some good points, and I'd like to add one more ...

    Biggest Reason #4

    A lot of people don't target highly profitable niches ...

    ... and wonder why the make no money, or next to it.

    This is probably due to all the misinformation out there that you should target low competition niches, where you can dominate easier.

    I say this is rubbish.

    There's a good reason most of the profitable niches are competitive ... because quite simply, that's where the money is!

    I get that some people get intimidated by all the competition out there, especially in weight loss, MMO, pick up, etc.

    But here's the thing ...

    The way I see it, the more competition there is, the QUICKER you can build a profitable website.

    Here's why:

    If you have a ton of established competitors in your marketplace, that means you have a ton of like-minded marketers getting a lot of traffic, who probably have big lists.

    And it's far easier to start or grow a business doing JV's, than it is to build a business from scratch.

    So as long as you have a product that works, that provides genuine value, that actually solves real problems, and it converts, you won't have a problem finding partners.

    Just my $0.02
    {{ DiscussionBoard.errors[7247216].message }}
    • Profile picture of the author mbacak
      Originally Posted by David DeAndre View Post

      You've definitely brought up some good points, and I'd like to add one more ...

      Biggest Reason #4

      A lot of people don't target highly profitable niches ...

      ... and wonder why the make no money, or next to it.

      This is probably due to all the misinformation out there that you should target low competition niches, where you can dominate easier.

      I say this is rubbish.

      There's a good reason most of the profitable niches are competitive ... because quite simply, that's where the money is!

      I get that some people get intimidated by all the competition out there, especially in weight loss, MMO, pick up, etc.
      I totally agree with you.... I tell people all the time, when you first decided to get in a niche you sometimes feel like there is not that many people are in it, then when you get deeper in it or really start pursuing it - you think everyone's in it.

      To me it's kinda like when I bought this killer car, I thought I never seen on the road. Then I started driving it off the lot and that's the only car I saw. Because I was aware....

      I also agree with you about why people are in them, because there's money there. :-)

      Great Post David! Great Post!
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7250475].message }}
  • Profile picture of the author bobyeager
    There's a few things, wish we were on a hangout or conference Matt, this could take a while lol.

    It sucks, but it's true... list building, traffic, building a site, researching a market the list goes on and one; but none of these things are the first things a person should do when starting a business.

    The first thing they should do is DECIDE to start a business.

    Then, learn how business works.

    But even before these things, they should decide what the business is going to be. Look, I've seen too many students go about this thing as if all they have to do is find out what everyone else is selling, learn what they are doing and then just copy that... then they are SURE to make money.

    I got news for a lot of folks here. Many of us who started 5, 10, 15 or nearly 20 years ago now had nothing to lose and everything to gain from busting our humps learning, testing, researching and coming up with new strategies to figure out this whole doing business online thing.

    As the years went by and we became profitable, people ASKED us to teach them and so we did, to help out. Then, our businesses evolved into consulting, coaching, strategy training and doing campaigns for others.

    But here's the best part, NONE of us are marketers. Marketing is something you plan and do in your business but it is not something you ARE.

    If you want to kick business off to profits, you first have to realize even the governments expect you to fail at least 2 out of 5 years in business!

    Not every year will be good, not all will be bad. Many of the things we do in business is utterly and painstakenly boring at times, but we do it because that's part of the show.

    The first thing people have to do is:
    1. Decide to start a BUSINESS, not a "me too" campaign
    2. ...figure out how a real business structure works and which will be right for you ie,
    - Sole Proprietorship, Partnership, LLC, S Corp, C Corp
    (most of the time the Partnership is the way to go, even if your spouse is listed as the partner in order to gain a better advantage on your taxation strategy)
    3. Learn about the rules and laws of the game. Don't wait until you need to know... because you want to start building right from the start.

    NOW...figure out what you want to do. Do you want to sell retail, then start with Amazon and eBay and work your way up.

    Do you want to do affiliate marketing? Alright, pick a niche and stick with it. NOW, build that list, split test, advertise... the skies the limit... just focus!

    Business is about knowing what you need to know or knowing the people who know what you need to know.

    Understand that most things that sell in a WSO are a tactic or strategy for a particular method of marketing, but not necessarily a solid BUSINESS model or strategy.

    Understand that most "guru" courses from some of the best in the business, will teach a HUGE chunk of what you need to know to make more money, but there will be many things you need to do before you implement their training and there will be MANY things after you implement it that will not be covered in the course.

    If you've been online for 5 years and haven't made a dime in your "business", then you don't have a business (sorry, harsh but true)

    (Here's a great copy writer's line) But it's not your fault...or is it?

    Have you ever taken the time to REALLY learn about business, how it works, how to balance your financing and workload, how to properly research and beta test products and services?

    Probably, the answer would be no. There are plenty of big names out there that will read this and say "Well I don't know much about business but I make a ton of money"

    Yeah, well, then you're a good sales person and the person you HIRED to run your business is good at business

    What am I getting at? You have to learn how to build a foundation before you start adding the bricks, the mortar, walls, windows, door and the roof.

    The interior luxuries (ie money and change in lifestyle) come after you have a house that can't be knocked down no matter the economy.

    Still wish we were all in a Google hangout or something on this topic lol

    I'm done, it really can't be written in the space allotted here

    - Bob
    {{ DiscussionBoard.errors[7248593].message }}
  • Profile picture of the author peesfulworld
    Hi,
    My advice to anyone having troubles online or just starting out would be this.

    There is a great book by David Allen called Getting Things Done: The Art of Stress-Free Productivity. It's available on Amazon and deals with overcoming the information overload syndrome and also gives a great way to learn how to focus.

    With the tips from this book and also the use of evernote and focus booster, two simple but very helpful productivity tools, I have not only increased my productivity but have been able to relax and enjoy this profession more. I started in 2007 and suffered from information overload syndrome for a few years.

    A great mentor would be my next recommendation.

    Notice I haven't even mentioned a niche yet as to choose a good niche, and get good keywords to promote it, you should get advice from someone who knows what they are doing.
    {{ DiscussionBoard.errors[7250722].message }}
    • Profile picture of the author willay
      Hey Matt,

      Thanks for the free recordings the other day. You're one of the guys I look up to in this business. I have been trying to build an online business for 2 years now. I was stuck in shiny object land real bad..and I'm even a business school graduate you would I would know better! Anyways, I am finally happy to say that after being through so many products and learning and thinking I now have a list and am making money from it. I literally have cried trying to get this business going. Can't even explain how good making that first dollar felt.
      {{ DiscussionBoard.errors[7250752].message }}
      • Profile picture of the author mbacak
        Originally Posted by willay View Post

        I have been trying to build an online business for 2 years now. I was stuck in shiny object land real bad..and I'm even a business school graduate you would I would know better!
        It happens to the best of us... that's for sure.

        Originally Posted by willay View Post

        Anyways, I am finally happy to say that after being through so many products and learning and thinking I now have a list and am making money from it.
        That's SWEET! Congrats.

        Originally Posted by willay View Post

        I literally have cried trying to get this business going. Can't even explain how good making that first dollar felt.
        I can tell you for me... it was like Christmas :-)
        Signature
        The Listbuilding Club (join by clicking below)
        {{ DiscussionBoard.errors[7250764].message }}
    • Profile picture of the author mbacak
      Originally Posted by peesfulworld View Post

      A great mentor would be my next recommendation.
      Exactly, Books are great starts... then go to the source.

      Going to the source has been my biggest key to success, I flew to Boston and to Cleveland last week to get answers... it short cuts the BS.and the public politics to get you the real facts many times.

      BTW. I'll check out that book :-)
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7250757].message }}
  • Profile picture of the author Willie Crawford
    I totally agree with you on all points Matt.

    I must confess that in some niches I make
    below that $1 - $3 per month per subscriber, but
    that's why I choose to focus on the more profitable
    ones

    I started building a list from day one. With the very
    first site that I put up, I put opt-in forms all over
    the place, and I still do that. Of course, today, you
    need to do more work to SELL people on joining your
    list, but I definitely consider my database the most
    important asset that I own.

    That also reminds me to point out to everyone that
    you should be backing up, and downloading, that
    database regularly.

    I also think that it's critical to start building real
    relationships.

    All things being equal, people will help out their friends
    FIRST. So, start making connections and forming
    real friendships. Those will be the people that you
    can really count on when launching your own products,
    etc.

    Willie
    Signature

    Here's A Ready-Made High Ticket Product To Make Your Own.
    Click To Go BIG!

    {{ DiscussionBoard.errors[7250733].message }}
  • Profile picture of the author ceenote100
    I think the biggest reason why people fail at IM is #3, lack of focus. They scatter their energy around and spread themselves too thin buying all these programs that don't really work.
    Signature
    ► ► ► FREE REPORT!!◄ ◄ ◄


    ★ ★ ★ Introducing THE BRUTAL TRUTH About Internet Marketing! ★ ★ ★
    {{ DiscussionBoard.errors[7250767].message }}
    • Profile picture of the author mbacak
      Originally Posted by ceenote100 View Post

      I think the biggest reason why people fail at IM is #3, lack of focus. They scatter their energy around and spread themselves too thin buying all these programs that don't really work.
      Spread to thin...I can totally agree with that.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7251300].message }}
  • Profile picture of the author echelon
    I agree with you Matt on the fact that it is easy to fall on teachers online who are not ready or are unable to teach.

    In fact, following a person who is not ready or are unable to teach you can be translated into what could be seen as a loss of time. This being, it can still be a source of experience.
    {{ DiscussionBoard.errors[7251304].message }}
    • Profile picture of the author mbacak
      Originally Posted by echelon View Post

      I agree with you Matt on the fact that it is easy to fall on teachers online who are not ready or are unable to teach.
      And what's even worse.... you don't see this on the WSO's much but on other platforms may people in the offers are made up names and stories.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7251944].message }}
  • Profile picture of the author BadMab
    I agree, it's hard to stay focused with your inbox flooded with new offers every day. I've recently been trying to focus on SEO since I already have the web design down, then I'll branch out from there.
    {{ DiscussionBoard.errors[7251350].message }}
  • Profile picture of the author garveyonweb
    Originally Posted by mbacak View Post

    What do you think they are? or why are you failing?

    I'd love to know...
    I think you've nailed it!! That pretty much summs it up for me.

    The first thing that broke the rut for me was getting a coach, who firstly developed a positive mindset, then motivated me to focus, then build a list. Mbacak, you summed it all up in a few words. Newbies read this and learn. Top info.
    {{ DiscussionBoard.errors[7251983].message }}
    • Profile picture of the author garveyonweb
      Just forgot to say... another reason that many fail is that they dont take what they are told/learn here (in IM niche) and apply it elsewhere. Its much easier to develop your skills elsewhere, in a small microniche of one of the big verticals for example, or in area which you are well familiar with rather than jumping in to IM as a newbie.
      {{ DiscussionBoard.errors[7252082].message }}
    • Profile picture of the author mbacak
      Originally Posted by garveyonweb View Post

      I think you've nailed it!! That pretty much summs it up for me.
      Thanks... I'm glad you got value from it.

      Originally Posted by garveyonweb View Post

      The first thing that broke the rut for me was getting a coach, who firstly developed a positive mindset, then motivated me to focus, then build a list. Mbacak, you summed it all up in a few words. Newbies read this and learn. Top info.
      That's really good to hear.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7252644].message }}
  • Profile picture of the author Jill Carpenter
    Originally Posted by mbacak View Post


    Biggest Reason #1

    They're listening to the WRONG people!

    Biggest Reason #2

    ...and this might be ONE of the BIGGEST reasons why people fail...

    They Chase Unicorns and Rainbows.

    Last but not least... Biggest Reason #3

    They don't FOCUS! And if they do, they focus on the WRONG things
    {that ultimately lead them down the wrong path, costing them precious
    time and money}


    I feel those 3 things are the BIGGEST reasons why people are failing online.

    What do you think they are? or why are you failing?

    I'd love to know...
    Hmm, might have had something to do with LOTS of emails - all on different things and very close together that had me a bit scattered.

    Signature

    "May I have ten thousand marbles, please?"

    {{ DiscussionBoard.errors[7252244].message }}
    • Profile picture of the author mbacak
      Originally Posted by Jill Carpenter View Post

      Hmm, might have had something to do with LOTS of emails - all on different things and very close together that had me a bit scattered.
      Good catch.... however, tomorrow is different. If you have been on my list lately, you'd see something a lot different. However, not saying the amount of emails... just the direction of emails. (Although, I have lowered the frequency lately...) The survey really woke me up in my business strategy, going back to my roots... getting back to the Matt Bacak of 2003-2009. Something changed in 2009 that took me for a spin that led to a new direction and got off my path. I'm back on it.. and only the future and my actions will show it.

      And proves below, plus (Those subject lines have been split tested against 5 radically different ones.- so they "should" have a good open rate)...

      Originally Posted by mbacak View Post

      So you might be asking... “What should I be focusing on?”

      The 1st Thing you should focus on:

      Building an opt-in list of subscribers so you can have,
      and control, your own source of instant traffic!

      The survey showed that people believed that they
      need {and struggle with getting} “More Traffic”.

      IMPORTANT... If they had started off building a ‘list’ from
      day 1, they could have targeted, “on demand” traffic that they
      can control (and tap into) anytime they want!

      Failing to build a list, from the beginning, is one of
      the Biggest Regrets of most Internet marketers.

      The 2nd Thing you should focus on:

      E-mailing Your List...

      {Email marketing is the REAL push-button traffic method...}

      Imagine, having the power of clicking a button (called ‘Send’) and seeing
      people immediately going to whatever site you want and buying!

      Emailing narrows your focus to...

      •Finding the best Subject lines
      •Finding the best Converting emails
      •Finding the best Converting offers

      Here’s why focusing on those three things will make you even MORE money…

      The better the subject line, the more people open and read your email.

      The better converting email you have the more clicks you get, which
      means more traffic going to the site and seeing the offer.


      The better converting the offer is, the more cold hard cash you put in your pocket!
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7252326].message }}
      • Profile picture of the author Jill Carpenter
        Originally Posted by mbacak View Post

        Something changed in 2009 that took me for a spin that led to a new direction and got off my path. I'm back on it.. and only the future and my actions will show it.
        As you can see, those emails never even all were opened.

        What I did do at some point was open something random, and when I saw the offer it went to I had no choice but to unsub.

        But you did just help me discover something else.

        Pulling up your emails, I notice where they end - and then suddenly something got into my box from a gmail account that has no way for me to unsub.

        Perhaps you can look into it.

        Signature

        "May I have ten thousand marbles, please?"

        {{ DiscussionBoard.errors[7252383].message }}
        • Profile picture of the author mbacak
          Originally Posted by Jill Carpenter View Post

          Pulling up your emails, I notice where they end - and then suddenly something got into my box from a gmail account that has no way for me to unsub. Perhaps you can look into it.
          I'll be glad to... actually looking into it now. You must be on my affiliate list noting the recent subject line and know that was right before a launch. (update: Actually looking at your first screen shot you where on two different lists... one being affiliate list - that I rarely mailed - I PM'd you confirming that email addy to make sure I took the correct one off)

          However, we can take that to PM...
          Signature
          The Listbuilding Club (join by clicking below)
          {{ DiscussionBoard.errors[7252418].message }}
        • Profile picture of the author mbacak
          Originally Posted by Jill Carpenter View Post

          As you can see, those emails never even all were opened.
          That's a very good point. Unfortunately, if you build a list doesn't mean everyone will open it - thanks for proving that. And why it's very important you split test your subject lines.
          Signature
          The Listbuilding Club (join by clicking below)
          {{ DiscussionBoard.errors[7252428].message }}
  • Profile picture of the author Joseph Robinson
    Banned
    Nope, not clicking your sig link :rolleyes:.
    {{ DiscussionBoard.errors[7252365].message }}
  • Profile picture of the author HawkPrecision
    All of that is completely secondary in my opinion. It ignores a truth that everyone seems too scared of.

    The biggest reason of all for failure is that they do not work hard at work worth doing. When you work hard success naturally falls into place because you discover for yourself the things that work and do not work. You don't need some "Guru" telling you anything.

    No one can cheat you anymore because you KNOW from your own experience what works and what does not.

    When I say hard work, I mean above and beyond what the average man considers hard work(Not no 14 hour days). I mean 20-40 hour days. I mean falling asleep at your computer desk. I mean forgetting to eat, sleep and sacrificing the unnecessary things in life.

    Bill Gates, Thomas Edison, Will Smith and many of the other greats had this type of work ethic.

    You always hear that stupid saying "Don't work hard, work smart."


    Well, I have a better saying, "Lets work both hard and smart at the same time. Then you'll be unstoppable."

    Work today how others won't, so you can live tomorrow how other can't.

    There is no secret answer to success. All of it is just a lot of hard work and perseverance until sooner or later a breakthrough happens. It is sooner than later the harder you work.

    Now if you excuse me, I have to get back to work.
    {{ DiscussionBoard.errors[7252731].message }}
    • Profile picture of the author ExRat
      Hi,

      Originally Posted by HawkPrecision View Post

      You always hear that stupid saying "Don't work hard, work smart."

      Well, I have a better saying, "Lets work both hard and smart at the same time. Then you'll be unstoppable."

      Work today how others won't, so you can live tomorrow how other can't.

      There is no secret answer to success. All of it is just a lot of hard work and perseverance until sooner or later a breakthrough happens. It is sooner than later the harder you work.
      Quoted for epicness.
      Signature


      Roger Davis

      {{ DiscussionBoard.errors[7263363].message }}
      • Profile picture of the author marketingg
        I have never actually done it before, so i should not be advising it... but the smart thing to do is take over an existing business. To go in depth, yes you can lose your shirt and get scammed but i dont know what to tell you there.

        Pretend tomorrow you had to open a bagel shop or retail store... your best bet to get something up and running with a profit is buy a franchise or privately owned business.
        I actually personally know of two successful people on the internet that came into it with 0 experience... bought a site, learned, trial and error'd it, starting venturing out with other people and are making serious money. Actually i believe one came on here as a noob and got abused but is most likely making more money than most here now within just 2-3 years. Hopefully this will help expand newbies outlook on starting and growing a business and do not say you dont have the money either... then you do not belong in business..... buy a site for $2,000 that makes $160/m if you have no money just to learn how it works.
        {{ DiscussionBoard.errors[7263434].message }}
  • Profile picture of the author Carlton7
    I am guilty of all three of your main points.
    I am much more selective about who I listen to.
    Not that I am being more careful, I am finding that the people
    I like and I can confirm their results are all saying the same thing.

    That said, because I am always looking for "extra" income those shiny objects
    can look good go me. Whether they look like they will save me time, money or frustration
    of setting things up (many time I hit roadblocks that I have a hard time overcoming on my own)
    Then I move on the the next thing.

    Focus is a problem for me too. It is easy to get side tracked.

    I would like to see more follow up from the people creating these products we buy.
    I buy a product. I like it. I then like the person who sold it to me.
    I start working with it.
    Then a few days later I am sent emails for another product.

    Do the gurus just plan on many of us getting frustrated with the product we just bought and they know we will be ready to give up and try an new products a few days later?

    I am now focusing on building a list. Taking my time. Building a real business and a real income.
    No more shiny objects to me- just focused commitment.

    Thanks for listening
    {{ DiscussionBoard.errors[7253224].message }}
    • Profile picture of the author mbacak
      Originally Posted by Carlton7 View Post

      I am now focusing on building a list. Taking my time. Building a real business and a real income.
      Thanks for sharing... Smart long term focus. :-)

      Originally Posted by Carlton7 View Post

      Sorry for the typos
      No apologizes. We all do it.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7253241].message }}
  • Profile picture of the author Carlton7
    Sorry for the typos
    {{ DiscussionBoard.errors[7253227].message }}
  • Profile picture of the author RealMomma
    Where was this forum, last year? Oh wait, I wasn't here. Thank you everyone at War Room. I never realized why I failed, until now.

    I do have the right people guiding my towards, a solid direction. One thing is true. Educate yourself.
    {{ DiscussionBoard.errors[7258640].message }}
  • Profile picture of the author FelixUng
    Hi mbacak,

    Totally agree with your post! Building a list of subscribers is the most important component of an online business. Whatever action you're taking. You should put list building as the final result that you want to achieve. FOCUS on list building and you will succeed.
    {{ DiscussionBoard.errors[7258955].message }}
  • Profile picture of the author ijohnson
    Very good post!

    I think NOT having a plan of action is a major reason so many IMers fail.
    Signature
    Make every day count!
    {{ DiscussionBoard.errors[7259789].message }}
  • Profile picture of the author humili
    Very great points gathered.

    I used to make all the listed mistakes because my mind is overloaded with the right information.

    However, when I learnt to quiet the mind, I get to enjoy $1000 a day income. It really makes a lot of difference when we chose to take the steps that will lead to our next step of success.
    Signature

    {{ DiscussionBoard.errors[7260367].message }}
  • Profile picture of the author IrishMarketer
    Man... thanks for posting this. I got more value out of this post then reading 100 other posts. I hate to admit it but I've fallen into that trap before and not just once either.

    I call them the Golden Ticket, do this and bang your a millionaire. For me List building is king and since I learnt that form you Matt, it has served me very well. Even now in the mobile arena and business world.

    My 2 cents, do what they do and find someone like matt to show you how.

    Its worked well for me and will continuing working.
    {{ DiscussionBoard.errors[7262822].message }}
    • Profile picture of the author mbacak
      Originally Posted by IrishMarketer View Post

      Man... thanks for posting this. I got more value out of this post then reading 100 other posts. I hate to admit it but I've fallen into that trap before and not just once either.
      Nice to see you on here. I haven't talked to you in
      a while...and I'm really glad you got value from it. :-)

      Originally Posted by IrishMarketer View Post

      Even now in the mobile arena and business world.
      I'd love to hear what you are doing now. It's awesome to
      see your now doing it outside of info business world.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7262858].message }}
      • Profile picture of the author IrishMarketer
        Originally Posted by mbacak View Post

        Nice to see you on here. I haven't talked to you in
        a while...and I'm really glad you got value from it. :-)



        I'd love to hear what you are doing now. It's awesome to
        see your now doing it outside of info business world.
        Yeah man, its being a while. Head down, butt up and driving on.

        Its simple on the business world its everyone wants sales, sales come from leads. So how do you get leads for an offline business?

        good content that will you get found by the right prospects.

        BTW side note Google is???
        someone asks a question, just understand the question and answer it and you get ranked.Its slow but solid. (this is not to say thats all you need).

        then I use an "ethical bribe". Give them something they will want and will happily trade their name and email for. Free report etc, thats relevant to the want of the prospect, not the business.

        We then email them on the auto responder sequence 0, 1, 3, 4, 7 etc and this then converts people to go vist the business or we sell them online. Using this technique we have sold,
        information,
        alloy wheels,
        gates,
        car parking,
        property services.
        A diverse range of real world products.

        The important things are
        traffic and conversions, so we split test and keep going. We use content as the main traffic tool as I find its the best. To the fact that I have teamed up with my team it launch a site doing content. (shameless plug!)

        On mobile we are launching a new business, redefining the revenue model. The main focus we will have is list building. if you look at pininterst that facebook bought. everyone had to login to use the system, they had a list.

        the money is in the list, so we keep building always no matter if its offline, online or mobile.

        Any sector we look at, first question is How do we build a list?
        How do we split the list into sections, prospects, buyers, etc.

        Hope that helps people.

        We must catch up soon.
        {{ DiscussionBoard.errors[7262944].message }}
  • Profile picture of the author cjshu99
    I agree with everything you said except list building. Just as not everyone is good at writing good content, not everyone should be sending low quality emails. I only read about a fourth of the emails I receive, even the ones I know I have subscribed too.
    {{ DiscussionBoard.errors[7262863].message }}
    • Profile picture of the author mbacak
      Originally Posted by cjshu99 View Post

      I agree with everything you said except list building. Just as not everyone is good at writing good content, not everyone should be sending low quality emails. I only read about a fourth of the emails I receive, even the ones I know I have subscribed too.
      Everyone's strategy is different... I think something I said on
      another post can really help a lot of people here, regarding the
      conversation of monetizing your lists....

      Originally Posted by mbacak View Post

      The answer to this question really is about your goals... are you looking for a
      long term answer or short term strategy. Because, if your view is short term
      (as in need cash now) then finding affiliate offers and mailing them would be
      smart and longer term view would be creating your own products and funnel
      while occasionally offering affiliate offers that are inline with your thinking.

      It's really a branding/relationship question.

      When you offer mainly affiliate offers there's less emotional attachment
      and your protection of the list is minimal. When you create your own products
      and funnel and strictly promote things that a inline with your stuff there is a
      higher emotional attachment and your a lot more protective.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7262893].message }}
  • Profile picture of the author Chri5123
    Good thread, I think the top reasons people fail are:

    * They think it is HARDER than what it is to make money.

    You just need a converting niche, a converting sales page and a product - obviously if the product is quality it helps with conversion rates.

    * They lose Focus.

    Those with products or systems that you have tried ask yourself what you have REALLY done to market them?

    Marketing is hard work.

    * They get demotivated.

    Keep on failing, losing money and sooner or later you hit a wall.

    The truth is that all successful people will leave clues - don't chase the rainbows - find the clues...
    {{ DiscussionBoard.errors[7262887].message }}
  • Profile picture of the author TimK06
    Originally Posted by mbacak View Post

    I'm about to reveal why, I believe 99% of the people trying to make money
    online are failing miserably ...and probably don't even know it!

    Recently, I made a Shocking discovery after surveying 2,226 people online...

    2,226 People Surveyed...

    Roughly... 99% of them had no clue why they haven't made any money
    online yet. {...many after trying for months or even after many YEARS!}

    I think these are the 3 Biggest Reasons Why People Fail Online...

    Biggest Reason #1

    They're listening to the WRONG people!

    They can't find a true "Internet Marketing Insider"; {someone they can
    TRUST} who already has a track record and a proven 'success model' to help
    shortcut their own success.

    {Side Note...} If you're in that boat... It's NOT Your Fault because right now
    the market is full of fake "wannabe" gurus that you simply can't trust.

    Biggest Reason #2

    ...and this might be ONE of the BIGGEST reasons why people fail...

    They Chase Unicorns and Rainbows.

    In other words, they're being blinded by "shiny objects"; grasping for magic
    pills that simply don't exist... while ignoring the "truth" {that lies underneath!}

    And many times, they often get a whole pile of "well-researched" information
    {that's about as useful as a Pet Rock!}

    Sad but True.

    Last but not least... Biggest Reason #3

    They don't FOCUS! And if they do, they focus on the WRONG things
    {that ultimately lead them down the wrong path, costing them precious
    time and money}

    So you might be asking... "What should I be focusing on?"

    The 1st Thing you should focus on:

    Building an opt-in list of subscribers so you can have,
    and control, your own source of instant traffic!

    The survey showed that people believed that they
    need {and struggle with getting} "More Traffic".

    IMPORTANT... If they had started off building a 'list' from
    day 1, they could have targeted, "on demand" traffic that they
    can control (and tap into) anytime they want!

    Failing to build a list, from the beginning, is one of
    the Biggest Regrets of most Internet marketers.

    The 2nd Thing you should focus on:

    E-mailing Your List...

    {Email marketing is the REAL push-button traffic method...}

    Imagine, having the power of clicking a button (called 'Send') and seeing
    people immediately going to whatever site you want and buying!

    Emailing narrows your focus to...

    •Finding the best Subject lines
    •Finding the best Converting emails
    •Finding the best Converting offers

    Here's why focusing on those three things will make you even MORE money...

    The better the subject line, the more people open and read your email.

    The better converting email you have the more clicks you get, which
    means more traffic going to the site and seeing the offer.


    The better converting the offer is, the more cold hard cash you put in your pocket!

    Willie Crawford, (a fellow warrior) who has taught thousands how
    to build successful online businesses since late-1996, said this...

    "In the niches that I operate in, I earn an average of between
    $1 and $3 per month for every subscriber on my lists."

    The 3rd Thing You should focus on:

    Figuring out what to do with your money after you make it from your list

    I feel those 3 things are the BIGGEST reasons why people are failing online.

    What do you think they are? or why are you failing?

    I'd love to know...
    Powerful read! I loved it and wish someone would have broke it down in this manner to me when I began. If I could add anything it would be make sure you have a good informative squeeze page and a awesome free gift to get them to sign up to your list.

    Kind Regards
    {{ DiscussionBoard.errors[7262985].message }}
  • Profile picture of the author luane
    Find the ONE thing that made you the most money online and scale it up. I think I have heard it about 100 times, but it bears repeating...because SIMPLY..it works!
    {{ DiscussionBoard.errors[7263113].message }}
    • Profile picture of the author lastdual
      The feeling that "it used to be so easy" definitely contributes to keeping me from earning more.

      I'm still earning, but sometimes the sense of diminishing returns can be pretty discouraging. For my primary niche, it takes more work than ever to squeeze out the same amount of cash. A new strategy (or a whole new niche) is clearly in order.

      My other main weakness is a "leave it all to me" approach. Rather than trying to do everything myself, I should probably be looking for talented people to partner with.
      {{ DiscussionBoard.errors[7263274].message }}
      • Profile picture of the author mbacak
        Originally Posted by lastdual View Post

        My other main weakness is a "leave it all to me" approach. Rather than trying to do everything myself, I should probably be looking for talented people to partner with.
        Yea, I've tended to find talented people that brought something valuable to the table always helped me get places I wanted to go faster. However, I've learned partnering with people for an event such as a launch or a product and not go long term business partners made it an easy way to exit especially when visions change.
        Signature
        The Listbuilding Club (join by clicking below)
        {{ DiscussionBoard.errors[7264594].message }}
  • Profile picture of the author hbhanot
    They fail because they promote many programs and join every other opportunity. No one told them they need to just stick with one good opportunity and promote it through their squeeze page. They also do not make money because they lazy as well.
    {{ DiscussionBoard.errors[7263355].message }}
  • Profile picture of the author MarkPowell
    I simply want a mentor to teach me. Avoiding all the shiny objects, when more than half of what a new person is flooded with is shiny objects by the "gurus" takes a little time to sift through.

    I've bought nothing, looked at several. Until I feel better versed, and research in forums like this do help a newbie trust me on that, and find an actual real person who is ready, willing and able to be a true and reliable mentor through the process, no shiny objects will be purchased.

    I'm sure there are viable mentors here in the Warrior Forums, but sifting through the thousands to find the one....not such an easy task for us new people.
    {{ DiscussionBoard.errors[7263519].message }}
    • Profile picture of the author mbacak
      Originally Posted by MarkPowell View Post

      I'm sure there are viable mentors here in the Warrior Forums, but sifting through the thousands to find the one....not such an easy task for us new people.
      There are a lot of great people here on the forum as you have probably found.

      When I first looked for a mentor, I personally looked for
      someone that had the "lifestyle" I was looking for.

      Now, I usually ask around to my friends to find someone that has
      the specialize and experience in the area I want to get better in.

      SIDE NOTE: It would be cool if anyone shares what they look for in a mentor... and where you find them?
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7263630].message }}
      • Profile picture of the author marketingg
        Where in the world can I find that deal? Seriously, I'd buy it in a heart beat...
        lol i put $60 but then changed it, figured it would make for a stronger point that way

        BTW i have had two mentors that worked... only problem is for "gurus" is those guys were free. The only thing you can do is give back to the mentor.. but its very rare you will get the opportunity because free legit mentors get abused and used too often than the mentor will say screw everyone, im done helping free loaders.

        Im looking for a mentor that will tell me... do not come to me unless you have a checklist of things you tried:

        From there either format it one of two ways:

        I tried this, it didnt work... should i continue
        If yes why and what steps... if no why.

        I mean things are SO broad... dare i say.... hey i need help in SEO. How the hell does a mentor respond to that.. your both wasting each others time.

        Recently i bought an exact match domain. It has like 40 searches per month exact match. I put h1 tags for the phrase on site, then i put the exact keyword in keyword and a normal meta description. I did it for 4 domains.... 1 of them is ranking in the top four and ive gotten 16 hits in 3 weeks. Its like $4 PPC for that phrase. I spent $10.99 to get probably 20 targeted hits per month for free vs doing it PPC. So that would be $80 free per month from PPC IF i even got the clicks in PPC that is. Im not genius or marketing guru but im very very happy with that. 5 minutes to set up domain with onsite that isnt even done properly someone told me, 0 backlinking... and done.

        BUT i also did it with three other domains and it didnt work. Maybe now id say... hey mentor i did ^ this above why are 3 not ranking but one did, please help me analyze... i want him to tell me why and what to do and gone. But it would not be fair if i said hmmm hey mentor would an exact match rank.. and is it worth it?

        I dont know go try it first, dont waste my time should be my mentors response to that question.
        {{ DiscussionBoard.errors[7263721].message }}
        • Profile picture of the author mbacak
          Originally Posted by marketingg View Post

          lol i put $60 but then changed it, figured it would make for a stronger point that way
          Dang man... I had my check book out... ready to buy that... for sure. :-)
          Signature
          The Listbuilding Club (join by clicking below)
          {{ DiscussionBoard.errors[7263726].message }}
        • Profile picture of the author ExRat
          Hi marketingg (are you related to fiverr?) ;-)

          Originally Posted by marketingg View Post

          I mean things are SO broad... dare i say.... hey i need help in SEO. How the hell does a mentor respond to that.. your both wasting each others time.

          Recently i bought an exact match domain. It has like 40 searches per month exact match. I put h1 tags for the phrase on site, then i put the exact keyword in keyword and a normal meta description. I did it for 4 domains.... 1 of them is ranking in the top four and ive gotten 16 hits in 3 weeks. Its like $4 PPC for that phrase. I spent $10.99 to get probably 20 targeted hits per month for free vs doing it PPC. So that would be $80 free per month from PPC IF i even got the clicks in PPC that is. Im not genius or marketing guru but im very very happy with that. 5 minutes to set up domain with onsite that isnt even done properly someone told me, 0 backlinking... and done.

          BUT i also did it with three other domains and it didnt work. Maybe now id say... hey mentor i did ^ this above why are 3 not ranking but one did, please help me analyze... i want him to tell me why and what to do and gone. But it would not be fair if i said hmmm hey mentor would an exact match rank.. and is it worth it?
          In my experience -

          Sometimes there is just no rhyme or reason to these things. It's natural to look for strict patterns which can be replicated in this area.

          If I ran the biggest search engine, my prime tactic for thwarting SEOers would be a randomisation algo that threw out anomolies such as this purely in order to frustrate those trying to look for replicable patterns via reverse engineering the main algo via their tests.

          In reality, if any of us wants to attempt this we really need to be conducting tests using 1000s of domains backed up by a lot of resources/finance and testing teams, over long periods of time. You're probably still in the early days with these domains, where they will bounce around and throw out unusual results.

          My advice would be to take a step back and think from the perspective of someone visiting the website - optimise for the visitors so that they take the desired actions once they are there, whilst receiving most of what they were looking for from it. That way the website user 'signals'/actions that may well be being 'observed' by the algo will be positive, plus they are more likely to go off and create natural links to the site.

          Then you may be able to observe the increase in traffic you desire and how it came about. Just offering my opinion, take it for what it's worth.
          Signature


          Roger Davis

          {{ DiscussionBoard.errors[7269703].message }}
          • Profile picture of the author mbacak
            Originally Posted by ExRat View Post

            My advice would be to take a step back and think from the perspective of someone visiting the website - optimise for the visitors so that they take the desired actions once they are there, whilst receiving most of what they were looking for from it. That way the website user 'signals'/actions that may well be being 'observed' by the algo will be positive, plus they are more likely to go off and create natural links to the site.

            Then you may be able to observe the increase in traffic you desire and how it came about. Just offering my opinion, take it for what it's worth.
            Great Advice.... Thanks for sharing ExRat :-)
            Signature
            The Listbuilding Club (join by clicking below)
            {{ DiscussionBoard.errors[7270529].message }}
  • Profile picture of the author wannabeaim
    I have a problem believing that this can really happen for me.. I know how the list building works, i have bought courses teaching this but i seem to spend a ton of money on solo ads and i don't get much in return..

    I always end up being out of pocket when i try building a list so i stop doing it.. I also run out of money so i can't keep buying solo ads..
    {{ DiscussionBoard.errors[7264013].message }}
  • Profile picture of the author mbacak
    Originally Posted by DubDubDubDot View Post

    posts that I make
    I actually enjoy your candidness and opinions.

    You'll probably hate to find that in some cases we
    have a lot more in common then you think. However,
    there's one thing, that drives me nuts...

    ...not knowing who's talking. Who are you? What's your
    name... and why don't you use a real name?

    I'm really curious behind the thinking....

    (Below is not about YOU dub,dub... just
    my personal low tolerance these days )

    Right now, I think, there's a bigger issue on the internet,
    then "self appointed" gurus... it's fake ones, they are running
    ramped and it's getting worse. Clickbank kinda cleaned that
    up in their market place, but they still run ramped.

    Fake stories, and of fake people, selling shit they throw
    together that has no value what-so-ever, is a BIG issue.

    And that's why, I posted this in a earlier post:

    Originally Posted by mbacak View Post

    I think the fastest way to narrow it down....

    Fake names vrs Real names

    Then pick from the real names.

    Here's why I say that: If someone uses there own name they are
    more likely to have an ethical line.... and then think about this... do
    fake people have an ethical line? answer: 99% of the time - NO!
    Signature
    The Listbuilding Club (join by clicking below)
    {{ DiscussionBoard.errors[7264100].message }}
  • Profile picture of the author marketingg
    DubDub

    Kevin Oleary and Daymond John from shark tank are doing appearances left and right. Daymond claims to have done 400 billion in sales, he wants 40k for an appearance... They are richer than all of us... but are doing motivational speaking... apparently its smart and the easiest way to make money.

    I bet you people are begging for them to speak in public so what are you going to do deny the people of what they want? Some people are not action takers and feel good about sitting in a room with a "guru". Thats not me, thats not you, its their money let them do it.

    I have read "think and grow rich" My friends told me its a scam, and im some voodoo believing person now. It changed my life and put me on a different path. Their opinion doesn't matter so i spent the money on the book anyway and made my own decision, perception is reality for many, their money, their choices.

    MLM and "gurus" will be around until the end of time so your prediction on it ending is way off, in fact i would bet it will be on the rise rise.... in a world with more and more info to take it everyday we will need more "gurus" to hone in and sell a package consisting of "only what you need to know" type of packages... and there will always be people willing to sell you it.
    {{ DiscussionBoard.errors[7264134].message }}
    • Profile picture of the author mbacak
      Originally Posted by marketingg View Post

      I have read "think and grow rich" My friends told me its a scam, and im some voodoo believing person now. It changed my life and put me on a different path.
      I love that book, it helped me at the beginning too. However, I never enjoyed
      the Secret, thought it was a total waste of time. Although, I've had people tell me
      it changed their life.. so I guess everyone get's different things, different ways.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7264575].message }}
  • Profile picture of the author HROS
    Matt, I have been on your lists for years (literally!)

    I've studied your techniques, but if you are offering private coaching or training, I have my credit card in hand ready to buy...just send me a link!

    I've used your email marketing strategies for the last 18 months and have been able to make a nice high $x,xxx per month income, but I'm looking to take it to the next level.

    Thanks Matt for what you do, you're the real deal!

    BTW...I'm serious about paying for coaching/consulting
    {{ DiscussionBoard.errors[7264783].message }}
  • Profile picture of the author Jason1234
    I will admit lack of focus and stubborness have definately been problems with me but even though transitioning from a typical tech startup way of doing things to IM was far from easy I refuse to let any hardship stop me. I have had many Amazing mentors along the way including Matt Bacak and Ray Higdon. Will I ever know everything no but if I learn to keep my focus while executing my strategy and building value in one niche at a time nothing can stop me except myself.
    Signature
    {{ DiscussionBoard.errors[7268625].message }}
  • Profile picture of the author paolo83
    Yes and No.

    Everyone story can be similar but still different.

    Sure thing the survey gave some insight and i truly agree on the lack of focus.

    As for chasing unicorns and shiny object it goes down to the wrong attitude. They are buying into the promise that the product will do something for them instead of thinking what they can do for their business idea.

    Following the wrong people is a tricky one. You can't tell who the good ones are till you've wasted time following the bad ones. Boy how much money i've wasted in the wrong "coaching"...

    My opinion is that once you are really clear about your business, you have mapped out a plan black on white and you are serious about executing what need to be done ( create a website, start building a list, write content, write email campaigns, create your first product, practice copywriting, test traffic tactics and so on) then you don't really need to follow anybody.

    You will lead your enterprise and drive your business forward.

    Stop following the gurus and start to actually do something to execute your ideas and you'll see results happening.

    Please note that I think it's good to have a mentor to help you out in the initial stage though the correct mindset must be a leader's one. I have finally found an excellent mentor myself and he's pure dynamite though the work to do it'd mine and every single decision is still mine because i'm leading my business.

    This attitude means you are taking responsibility for yourself and your business.

    The tricky part of this is that any good man can make a foolish decision: story

    There were 2 nice men however one built his house on rock while the other built it on sand.

    -end of story-

    Get clear about your business idea, plan it out, and build it on solid foundations.
    {{ DiscussionBoard.errors[7270635].message }}
  • Profile picture of the author pmg2712
    Yeah fail: cos i do nthn... Except read.
    {{ DiscussionBoard.errors[7272795].message }}
    • Profile picture of the author ExRat
      Hi pmg2712,

      Originally Posted by pmg2712 View Post

      Yeah fail: cos i do nthn... Except read.
      Incorrect. You just posted on a forum.

      So you can't use the excuses -

      a) I can't write

      b) I'm all alone/have no compatriots to bounce off

      c) I can't work websites/the internet

      You're running out of excuses, so get to work
      Signature


      Roger Davis

      {{ DiscussionBoard.errors[7272855].message }}
  • Profile picture of the author MarcusJohnson
    Number three is really true to most people! When they get to fail they quit and look for another way. But its not like that, you have to focus on one thing so that you don't get lost. This is because these people want to have that easy money but its not going to be like that. It takes a lot of hard work and challenges to overcome and get what you're aiming for.
    {{ DiscussionBoard.errors[7273040].message }}
  • Profile picture of the author dostoy idiot
    Number 1 reason I've failed in past until I change this bad habit:

    distractions and perfectionism. I would tweak and tweak things, and mess with others that weren't making me money. So, I'd spend hours and hours on tweaking a site and not reach out to customers, etc.
    My two cents.
    {{ DiscussionBoard.errors[7273767].message }}
  • Profile picture of the author Chris_Willow
    If I had to take a wild guess :rolleyes:, I'd say it's because they're in it for the money. It's always the same: how can I build a list and make money, how can I create a product and how can I profit.

    What happens to giving people what they need?
    If you're not getting paid, you're not providing value. Simple as that.
    {{ DiscussionBoard.errors[7273940].message }}
  • Profile picture of the author sawjyp
    Originally Posted by mbacak View Post

    I'm about to reveal why, I believe 99% of the people trying to make money
    online are failing miserably ...and probably don't even know it!

    Recently, I made a Shocking discovery after surveying 2,226 people online...

    2,226 People Surveyed...

    Roughly... 99% of them had no clue why they haven't made any money
    online yet. {...many after trying for months or even after many YEARS!}

    I think these are the 3 Biggest Reasons Why People Fail Online...

    Biggest Reason #1

    They're listening to the WRONG people!

    They can't find a true "Internet Marketing Insider"; {someone they can
    TRUST} who already has a track record and a proven 'success model' to help
    shortcut their own success.

    {Side Note...} If you're in that boat... It's NOT Your Fault because right now
    the market is full of fake "wannabe" gurus that you simply can't trust.

    Biggest Reason #2

    ...and this might be ONE of the BIGGEST reasons why people fail...

    They Chase Unicorns and Rainbows.

    In other words, they're being blinded by "shiny objects"; grasping for magic
    pills that simply don't exist... while ignoring the "truth" {that lies underneath!}

    And many times, they often get a whole pile of "well-researched" information
    {that's about as useful as a Pet Rock!}

    Sad but True.

    Last but not least... Biggest Reason #3

    They don't FOCUS! And if they do, they focus on the WRONG things
    {that ultimately lead them down the wrong path, costing them precious
    time and money}

    So you might be asking... "What should I be focusing on?"

    The 1st Thing you should focus on:

    Building an opt-in list of subscribers so you can have,
    and control, your own source of instant traffic!

    The survey showed that people believed that they
    need {and struggle with getting} "More Traffic".

    IMPORTANT... If they had started off building a 'list' from
    day 1, they could have targeted, "on demand" traffic that they
    can control (and tap into) anytime they want!

    Failing to build a list, from the beginning, is one of
    the Biggest Regrets of most Internet marketers.

    The 2nd Thing you should focus on:

    E-mailing Your List...

    {Email marketing is the REAL push-button traffic method...}

    Imagine, having the power of clicking a button (called 'Send') and seeing
    people immediately going to whatever site you want and buying!

    Emailing narrows your focus to...

    •Finding the best Subject lines
    •Finding the best Converting emails
    •Finding the best Converting offers

    Here's why focusing on those three things will make you even MORE money...

    The better the subject line, the more people open and read your email.

    The better converting email you have the more clicks you get, which
    means more traffic going to the site and seeing the offer.


    The better converting the offer is, the more cold hard cash you put in your pocket!

    Willie Crawford, (a fellow warrior) who has taught thousands how
    to build successful online businesses since late-1996, said this...

    "In the niches that I operate in, I earn an average of between
    $1 and $3 per month for every subscriber on my lists."

    The 3rd Thing You should focus on:

    Figuring out what to do with your money after you make it from your list

    I feel those 3 things are the BIGGEST reasons why people are failing online.

    What do you think they are? or why are you failing?

    I'd love to know...
    I totally agree and am guilty of doing all of these things. I keep going round in circles because I am too affraid of making mistakes and looking a total idiot. This is silly. Everyone makes mistakes, if they learn from those mistakes then you are a wise person. You need to get focused and set yourself a timeline of things to do.
    {{ DiscussionBoard.errors[7309206].message }}
  • Profile picture of the author sawjyp
    Completely agree, I am very guilty on all three counts. Main excuss is fear of getting it wrong. Silly because unless you accept your mistakes and learn by them, how are you supposed to learn.
    {{ DiscussionBoard.errors[7309266].message }}
  • Profile picture of the author dperkins38
    I missed the first one but i wont miss this one!!!!!!!!!!!
    PS: Your stuff is awesome Matt!!!!!!!!!!!
    {{ DiscussionBoard.errors[7310682].message }}
  • Profile picture of the author Janice Stacy
    Some people also think that, there are millions of money available online. We will come to online and we will be paid for doing nothing. There are some people who are teaching people money making while they themselves are not sure what they are teaching. This way they are making money but the consumers or the students are suffering.
    {{ DiscussionBoard.errors[7314755].message }}
  • Profile picture of the author dengkane
    I agree with you, and I have been building my lists after several years' frustration. Now I become focused, and am confident that I can be successful.
    {{ DiscussionBoard.errors[7315004].message }}
  • Profile picture of the author enterprisemind
    I agree whole-heartedly. I also have been mislead by false prophets in IM! Email marketing is the one avenue I haven't explored yet. Thanks for the enlightenment.
    {{ DiscussionBoard.errors[7323798].message }}
    • Profile picture of the author mbacak
      Originally Posted by enterprisemind View Post

      Email marketing is the one avenue I haven't explored yet. Thanks for the enlightenment.
      No problem... Email marketing is the biggest regret (not getting
      started sooner) by many people I know and have spoken with.
      Signature
      The Listbuilding Club (join by clicking below)
      {{ DiscussionBoard.errors[7323834].message }}

Trending Topics