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If they make so much from their systems why are they sharing the secets?

by Mike Hill
17 replies
Hi Warriors,

Every time I read about a persons success on this forum and in other places there is always the question of "If it works so dam well then why would you share those secrets?"

This seems like a pretty legitimate question coming from people who are on the outside looking in.

However, I want to try and explain why people divulge their hard work, secrets and tactics with the world.

At heart I'm an Entrepreneur and like so many other entrepreneurs out there I am a free thinker, looking at the bigger picture of what is possible starting at a point were no one thinks it is possible.

The reason why I try to share my knowledge is because I am an Entrepreneur, NOT a hoarder of information.

Lots of big companies, actually all of them, tend to hide behind their "Corporate Secrets" otherwise known as trade secrets. Spend huge amounts of cash to protect their one little secret and make money with that one secret for as long as they can.

The entrepreneur wants to share his ideas, create another income stream by selling those ideas and further progress to new and improved ideas.

The entrepreneur is always looking forward and no matter what happens, there is always another idea on the horizon.

By sharing information, ideas and secrets you are helping others and that's what it's all about - isn't it? In the progression of helping others there comes hundreds of other ideas developed by other entrepreneurs and that is what makes out economy stronger!

Besides, as you all know, multiple streams of income makes your business stronger too because you have the necessary "Pillars" in place to support one another.

Mike Hill

PS. Don't be a hoarder - share your ideas!
PPS. When I say share your ideas I don't necessarily mean for free either.
#make #secets #sharing #systems
  • Profile picture of the author Rezbi
    I agree.

    The best way to help yourself is to help others.

    Also, by sharing, there is an element of trust - if you give out good info and people benefit from it, they tend to like you.

    And that takes people a long way toward trusting you.
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  • Profile picture of the author PHP_Adam
    Hello Mike

    Get Rich Quick Schemes or Make Secrets are mostly invalid, outdated and information publicly available on the internet.
    Their are some that are useful and successful but they are limited and work by word of mouth rather than big promotions and those "typical" sales pages.

    I agree that If I have a secret, a tip. I tend to post it on the forums I frequent a lot and post them in my blog. Hording secrets is not realy beneficial, unless if you release it causes the secret/tip to have a limited lifespan.

    Adam
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  • Profile picture of the author jhongren
    Hi Mike,

    I agree with you totally...

    Ideas are meant to be shared and everyone benefits from it.

    Look at institutions such as colleges, high schools and universities...

    these are the places where they are tons of information....

    and of course, students need to pay school fees...and some
    courses fees are not cheap either...

    sometimes i wonder why some people want information
    to be made free in internet marketing niche...

    but actually it is never so in the real world....

    why not universities offer free courses?

    My 2 cents,
    John
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  • Profile picture of the author Mark Brian
    The way I see it, it's just business. MMO is a B2B kind of industry which basically sells money making systems. It's quite simply the equivalent of franchising a local/physical business which is intended to make you more money. We could perhaps ask Mc Donalds why would they want to share more potential profit for themselves alone with its franchisees, right?
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    • Profile picture of the author Mike Hill
      Originally Posted by Mark Brian View Post

      The way I see it, it's just business. MMO is a B2B kind of industry which basically sells money making systems. It's quite simply the equivalent of franchising a local/physical business which is intended to make you more money. We could perhaps ask Mc Donalds why would they want to share more potential profit for themselves alone with its franchisees, right?
      Hi Mark,

      Your points are well taken, however when someone says "It's just business" is pushing themselves away from the crowd in today's economy. Not saying you are Mark, but rather that statement in general.

      When a company says "It's just business" doesn't necessarily have a relationship with their customers. I could be wrong but when I hear a statement like that it tells me their is a separation between the company and it's customers at some level.

      Just my opinion

      Mike Hill
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    • Profile picture of the author jasonl70
      Originally Posted by Mark Brian View Post

      The way I see it, it's just business. MMO is a B2B kind of industry which basically sells money making systems. It's quite simply the equivalent of franchising a local/physical business which is intended to make you more money. We could perhaps ask Mc Donalds why would they want to share more potential profit for themselves alone with its franchisees, right?
      good point.. no one ever cries foul over franchising, "if you can make so much money from a mcdonalds, why would they share it with you?"
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      -Jason

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      • Profile picture of the author TheCren
        Originally Posted by ProductCreator View Post

        Why do I share my "secrets"? Because the online marketplace is HUGE and far from saturated. It is unlikely that any of the people using my secrets will compete in the same niches as me and, even if they do, this town IS big enough for the two of us!
        Exactly! And I'll add the 20/80 rule as presented to me by more than one other marketer... 20% of the people who buy these "secrets" will actually try to use them while 80% will read/view the product and then let it collect dust. Let's not even think about the portion of the 20% who attempt to use the product, but do so in the wrong way, fail, and give up on it without a second thought. Just b/c you teach a man to fish doesn't mean he buys a fishing pole and lures and drives to the lake.

        Stop comparing franchisees to sharing trade secrets! Franchisees are nothing more than affiliates. McDonald's shares the corporate lifestyle with them, but the secret lies in the research done at headquarters. The franchisees only see the results of the research. Watch the CNBC special "McDonald's: An American Empire" (or something like that... I know the words "McDonald's" and "Empire" are in the title).

        Edit: it's called "Big Mac: Inside the McDonald's Empire"
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        Niche Marketing Tools and Info
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  • Profile picture of the author Adaptive
    Hi Mike, great subject.

    The "I love to teach" angle is a great way to build rapport and satisfy the buyer's curiosity about why you sell the system. Some variation on your points should be included in each sales letter where people might ask that very question.

    Two other angles I've seen:
    I'm now rich and carefree, and it will be fun for me to help you.
    and
    This market is so huge that I could never get to it all myself, so I might as well share the action with you.

    The "enormous market" angle is especially convincing if the offer or system has something to do with serving a local market in person. If I am making a great living helping everyone in town, why shouldn't I help you do the same in a different town?

    Regards,
    Allen
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    Success only requires four words. http://www.warriorforum.com/blogs/ad...our-words.html

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    • Profile picture of the author JohnMcCabe
      Why are they sharing their secrets?

      Profit, for one. Unless their system has some facet that, if it became widely known would render it useless, they can continue to operate their system and profit from selling it. In some cases, they may make more from selling the system than they did using it.

      Ego, for another. There's a serious rush when people recognize your expertise with their wallets. There's another one when you see a forum thread or blog discussion where someone says, "but Guru Joe says..."

      Validation is a third. If you develop something, it works and you can teach it to someone else who also makes it work, it takes your system out of the "fluke" category.

      And some just get off on watching the light go on when they teach.

      There are lots of reasons why someone would share their secrets, and money is just one of them...
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  • Profile picture of the author Tsnyder
    A smart guy named W. Clement Stone once said...

    "That which you share increases and multiplies. That which
    you withhold withers and dies."

    Tsnyder
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    If you knew what I know you'd be doing what I do...
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  • Profile picture of the author InternetMarketingCenter
    We say around here that secrets are only secrets until we've proven that they work -- and then we share them with our customers and clients.

    We're in the business of helping other people succeed... our entire business model would fail if we weren't sharing what we know.
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    The official account of the Internet Marketing Center. Stop by InternetMarketing.com to connect -- we'd love to meet you.

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  • Profile picture of the author Andyhenry
    Hi Mike,

    The mindset focused on limitation will always look for reasons why successful people sharing their secrets must not be real - it's the same reason they're failing to be begin with.

    When you think everything is a struggle and it's war out there and survival of the fittest, it's no wonder you struggle to understand why others are seemingly giving things away and it doesn't make sense.

    When you realise that the universe is abundant and that success creates more abundance - there is no contradiction. The more successful you are, the more you want others to become successful and add to the pool of abundance.

    The real secret is:

    Successful people do not just make money and stash it in a bank - they spend it building more and enabling others. This means that the more people you help become successful - the more they will create for everyone to share.

    I've always had a policy of openly sharing any and all information with people. You can ask anyone who's ever met me at a London lunch about that.

    So - while there are people who will keep the details of their success to themselves, the real thing that made them successful is usually something they can share and others can use - it's not about the details it's about their mindset and approach.

    You can make money in thousands of ways and the best way for each person is different, so sharing your best strategy may still not be right for someone, but give them the inspiration to find their own.

    Andy
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    nothing to see here.

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  • Profile picture of the author yves
    Hi,

    When I first joined the warrior forum, I couldn't believe what I was reading. Up till this point I had to pay for info.

    I have to admit, initially, I was even a bit sceptical as to the value of the advice/info and the motives for giving it. I quickly realised that it really was just altruistic in nature and those who were successful and knew how to market online, were willing to give the newer ones their time and help.

    It is great to see this kind of spirit and I have recently purchased an WSO that more than exceeds expectation. The price is merely a token compared to the amount of great content. The sharing and helping attitude of this site quickly spreads and I also try to help where I can.

    Pleased warrior.
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