Cheated and broke even

24 replies
Hi Warriors.
3 months ago I purchased my first hosting account and domian name and had this huge dream of becoming millionaire in less than a year using Amazon affiliate,although I didn't wanted to go to deep in it so I purchased a debit-card with about 150$.In less than a month I though "It might take longer then a week to hit the 1,000,000 mark" but I still belived on my dream.
After 2 months I have spened about 100$,I knew,there is money out there but it is hard to get it,I got maybe 5$ from amazon.I started looking for other ways to make money online but everywhere I looked was either harder then running a website or just had little money in it.After thinking my brain out I decided to sell my website,it had some nice traffic and it was well desinged,it had PR 0 but I've seen worst website going for some high amounts so I listed my website on Flippa.My reserved price was 85$ and I got only 1 bid of 50$,on the end of sale I offered the buyer to buy my website for 75$ and he accepted the offer,however there are a lot of fees with Flippa and I found myself getting only 54$.than I went to fiverr and I offered my services as a Wordpress blog builder,I got 64$ and by doing so I broke even,I keep getting some orders with fiverr.although right now I have 9months of hosting with no domian or website.
What should I do next?
#broke #cheated
  • Profile picture of the author ChrisMoon
    Sorry to hear about your problems. Perhaps your dream of becoming a millionaire in a year is unrealistic but don't give up on earning a living
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    GreyGable

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    • Profile picture of the author mike gregory
      Hey, you have made money online!

      Many have been at this for years and have not made a single dollar, so your doing something right.

      It was a bit hard to read you post, not many paragraphs there

      But I say stick with one of the methods that worked for you and just scale it up and keep working at it.

      Good Luck, Mike
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      • Profile picture of the author CrisisCore08
        Originally Posted by ChrisMoon View Post

        Sorry to hear about your problems. Perhaps your dream of becoming a millionaire in a year is unrealistic but don't give up on earning a living
        You are right,it is unrealistic but if dreams were realistic they wouldn't be called dreams.

        Originally Posted by mike gregory View Post

        Hey, you have made money online!

        Many have been at this for years and have not made a single dollar, so your doing something right.

        It was a bit hard to read you post, not many paragraphs there

        But I say stick with one of the methods that worked for you and just scale it up and keep working at it.

        Good Luck, Mike
        Thanks,next time I will keep it shorter
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  • Profile picture of the author sbucciarel
    Banned
    Originally Posted by CrisisCore08 View Post

    Hi Warriors.
    3 months ago I purchased my first hosting account and domian name and had this huge dream of becoming millionaire in less than a year using Amazon affiliate
    You should start adjusting your dreams to reality first. A millionaire in less than a year probably isn't going to happen.

    If you want long term success, build a long term business and grow it. Would you rather keep your dream of huge money fast or reach a goal of making an increasing amount of money online by doing the work required?

    There really aren't any blueprints (magic buttons).
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  • Profile picture of the author winsoar
    I don't think Amazon is the way forward. Their cookie length is so small. They are so mean and will close your account for any reason. There are much better ways to make money online than Amazon affiliates.
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    • Profile picture of the author CrisisCore08
      Originally Posted by sbucciarel View Post

      You should start adjusting your dreams to reality first. A millionaire in less than a year probably isn't going to happen.

      If you want long term success, build a long term business and grow it. Would you rather keep your dream of huge money fast or reach a goal of making an increasing amount of money online by doing the work required?

      There really aren't any blueprints (magic buttons).
      I should have made myself more clear,I gave up of this dream withing the first month.
      I want to creat a long term buissness.

      Originally Posted by winsoar View Post

      I don't think Amazon is the way forward. Their cookie length is so small. They are so mean and will close your account for any reason. There are much better ways to make money online than Amazon affiliates.
      What else can I use than?
      Google adsense?
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  • Profile picture of the author Jonathan Shearer
    Sorry to hear that!
    You can stay an affiliate, just not through amazon. There are others, such as barnes and noble affiliate network or best buy partnership program.
    You can become a reseller yourself and go directly to the company of the product you were selling.
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  • Profile picture of the author CrisisCore08
    Isn't affiliate a little slow this days?
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  • Profile picture of the author cashcow
    I think you are going about it the wrong way. Instead of focusing on what affiliate program to use focus on solving a problem. Then build an online presence that attracts people with that problem. Make your money by providing the solution(s) to the problem.

    For example, there are a lot of people that like to grow lush vibrant flower gardens but growing healthy plants takes a little knowledge and help.

    So, if you wanted to help them solve the problem of growing lush vibrant flower gardens you might start a blog with tips on how to do so.

    In the blog, you could show them products that have worked for you. Put up videos of your lush, vibrant garden etc...

    Recommend the best fertilizers for each type of plant through your affiliate id. Show them how testing your soil is critical to knowing what fertilizer to use, then recommend the best soil tester product as an affiliate.

    You could even write a free report to get them on your list, then sell to them from your auto responder (with a valuable email course, of course). Maybe eventually you could create your own book on the topic with solutions to the top problems.

    If you focus all your energies on solving that problem and getting your solution in front of people with the problem you will soon see your business growing.

    Lee

    (Note: naturally you would need to do that appropriate research to ensure that there are actually buyers in that market)
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    Gone Fishing
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    • Profile picture of the author CrisisCore08
      Originally Posted by cashcow View Post

      I think you are going about it the wrong way. Instead of focusing on what affiliate program to use focus on solving a problem. Then build an online presence that attracts people with that problem. Make your money by providing the solution(s) to the problem.

      For example, there are a lot of people that like to grow lush vibrant flower gardens but growing healthy plants takes a little knowledge and help.

      So, if you wanted to help them solve the problem of growing lush vibrant flower gardens you might start a blog with tips on how to do so.

      In the blog, you could show them products that have worked for you. Put up videos of your lush, vibrant garden etc...

      Recommend the best fertilizers for each type of plant through your affiliate id. Show them how testing your soil is critical to knowing what fertilizer to use, then recommend the best soil tester product as an affiliate.

      You could even write a free report to get them on your list, then sell to them from your auto responder (with a valuable email course, of course). Maybe eventually you could create your own book on the topic with solutions to the top problems.

      If you focus all your energies on solving that problem and getting your solution in front of people with the problem you will soon see your business growing.

      Lee

      (Note: naturally you would need to do that appropriate research to ensure that there are actually buyers in that market)
      It is a very nice way to look on it,I wish someone would have pointed that to me earlier.
      Thanks!
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  • Profile picture of the author jpsween88
    You should be focusing on what you already know versus trying to learn something new. Lets face it, you didnt make that much money but you made money. So many people don't even get to that point. If I were you, I'd build another site this time you know a little more and sell it just like before. This is exactly how I started. Build a site that cost me about $50 and sold for $150 like clockwork.
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  • Profile picture of the author RedShifted
    The 1 million in 1 year mark was just absurd.

    One thing I notice about money, its the people who are actually making a lot of it, who will tell you, "thats not as easy as it sounds". I have 2 brothers who do pretty well for themselves, and if I ever told them I wanted to make 1 million in a year they would laugh at me. Then they would probably sign me in to a mental institution. One of them is making almost a half a million a year. And he'd be the first to tell me that 1 million a year, regardless of what you're doing, is damn near impossible.

    Don't get me wrong. Money is everywhere. But your focus shouldn't be so much on the money. I had to bust my ass last year just to break the 6 figure mark. And most of it was offline which I personally believe is easier. But not once did I say "I want to make $10,000 this month". Instead I'd always had much more specific goals.

    Like, "I want to get 20 phone calls, and sell at least 5 jobs". I knew in the back of my head that each job would be worth a couple grand, but I never really focused on the money.

    Whats weird is I never really focused on other peoples problems either. I did but only in my marketing. I focused much more on my own problems, and finding rational solutions to these problems. One step of the process just so happened to be providing solutions to other peoples problems. The other 9 steps were pretty selfish. But it worked fairly well for me.

    This was my basic thought process my first month doing this:

    Problem #1

    I need money.

    Problem #2

    I need to sell 5 jobs this month.

    Problem #3

    I need to do a lot of marketing to generate enough calls to sell those 5 jobs.

    Problem #4

    I need to post lots of content on youtube, craigslist and facebook.

    Problem #5

    I need to make lots of content first so I can post it on these sites.

    Problem #6

    People are calling, but I'm not as good at selling as my brother.

    Problem #7

    I'll just have my brother sell the work, and split commissions.

    Problem #8

    I need more jobs now since I'm splitting commissions.


    Problem #9

    I'll start outsourcing the content marketing part.


    Solution #1

    Problem solved. Money made. I was suprised to find that it wasn't as hard as I initially expected it to be. Not when you take things 1 problem at a time, and apply solutions immediately.

    Everybody should focus on their own problems. You definitely want to focus on other peoples problems too, but only when you're doing your marketing. And in the grand scheme of things, thats really just a small part of a larger system of problems.

    Its definitely about solving problems though. Thats something I can guarantee. And the person who finds the solutions the quickest, usually succeeds the fastest.

    -Red
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    • Profile picture of the author CrisisCore08
      Originally Posted by DonnyBoy View Post

      I am sorry to hear that man.... One suggestion, just stick with something you are really good with and earn money from there.... Cheers
      Originally Posted by RedShifted View Post

      The 1 million in 1 year mark was just absurd.

      One thing I notice about money, its the people who are actually making a lot of it, who will tell you, "thats not as easy as it sounds". I have 2 brothers who do pretty well for themselves, and if I ever told them I wanted to make 1 million in a year they would laugh at me. Then they would probably sign me in to a mental institution. One of them is making almost a half a million a year. And he'd be the first to tell me that 1 million a year, regardless of what you're doing, is damn near impossible.

      Don't get me wrong. Money is everywhere. But your focus shouldn't be so much on the money. I had to bust my ass last year just to break the 6 figure mark. And most of it was offline which I personally believe is easier. But not once did I say "I want to make $10,000 this month". Instead I'd always had much more specific goals.

      Like, "I want to get 20 phone calls, and sell at least 5 jobs". I knew in the back of my head that each job would be worth a couple grand, but I never really focused on the money.

      Whats weird is I never really focused on other peoples problems either. I did but only in my marketing. I focused much more on my own problems, and finding rational solutions to these problems. One step of the process just so happened to be providing solutions to other peoples problems. The other 9 steps were pretty selfish. But it worked fairly well for me.

      This was my basic thought process my first month doing this:

      Problem #1

      I need money.

      Problem #2

      I need to sell 5 jobs this month.

      Problem #3

      I need to do a lot of marketing to generate enough calls to sell those 5 jobs.

      Problem #4

      I need to post lots of content on youtube, craigslist and facebook.

      Problem #5

      I need to make lots of content first so I can post it on these sites.

      Problem #6

      People are calling, but I'm not as good at selling as my brother.

      Problem #7

      I'll just have my brother sell the work, and split commissions.

      Problem #8

      I need more jobs now since I'm splitting commissions.


      Problem #9

      I'll start outsourcing the content marketing part.


      Solution #1

      Problem solved. Money made. Rinse and repeat next month. =]


      Everybody should focus on their own problems. You definitely want to focus on other peoples problems too, but only when you're doing your marketing. And in the grand scheme of things, thats really just a small part of a large system of problems.

      Its definitely about solving problems though. Thats something I can guarantee. And the person who finds the solutions the quickest, usually succeeds the fastest.

      -Red
      I have this feeling that nither of you read my whole post,I know 1 million is absurd.
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      • Profile picture of the author RedShifted
        Originally Posted by CrisisCore08 View Post

        I have this feeling that nither of you read my whole post,I know 1 million is absurd.
        Keyword, you "know".

        But you obviously didn't know back then, and I still question what you think you know now. Because you thought you could turn a $150 debit card into $1,000,000. And yes, I read your post 1.5 times. The second part I reread before posting.

        My conclusion was that not even David Blaine himself would attempt that type of trick.

        Whats worse, after you failed to reach this goal, and now apparently "know" it was a hard goal. You are asking other people to basically show you the way to money.

        So once again, your expectations don't conincide with reality.

        I feel bad for you, but my sympathy is very limited. Sorry if I sound rude. You failed to make $1,000,000, and now you're relying on other people on WF to help you find a new goal.

        So let me tell you your real problem in life. You have no idea how to set realistic goals on your own and follow them.

        What do you plan on doing when this thread fills up with over simplified ideas like "try article marketing or try clickbank or scale up fiver"?

        What is your plan after that?

        Because I assure you, thats where all these threads wind up. You will wind up finding no more direction than you had before.

        So here, let me provide you with the answer you want.

        Scale up what you're doing on fiver.
        You can make $10,000 by next month if you think of something really clever.

        And there we go again with that whole accountability issue. YOU have to think of something clever. Its hard enough for someone to think of something clever to do for themselves, nevermind other people.

        Good luck - Red
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        • Profile picture of the author CrisisCore08
          Originally Posted by RedShifted View Post

          Keyword, you "know".

          But you obviously didn't know back then, and I still question what you think you know now. Because you thought you could turn a $150 debit card into $1,000,000. And yes, I read your post 1.5 times. The second part I reread before posting.

          My conclusion was that not even David Blaine himself would attempt that type of trick.

          Whats worse, after you failed to reach this goal, and now apparently "know" it was a hard goal. You are asking other people to basically show you the way to money.

          So once again, your expectations don't conincide with reality.

          I feel bad for you, but my sympathy is very limited. Sorry if I sound rude. You failed to make $1,000,000, and now you're relying on other people on WF to help you find a new goal.

          So let me tell you your real problem in life. You have no idea how to set realistic goals on your own and follow them.

          What do you plan on doing when this thread fills up with over simplified ideas like "try article marketing or try clickbank or scale up fiver"?

          What is your plan after that?

          Because I assure you, thats where all these threads wind up. You will wind up finding no more direction than you had before.

          So here, let me provide you with your real answer.
          Scale up what you're doing on fiver. You can make $10,000 by next month if you think of something really clever.

          And there we go again with that whole accountability issue. YOU have to think of something clever. Its hard enough for someone to think of something clever to do for themselves, nevermind other people.

          Good luck - Red
          I do NOT think I will get 1,000,000$ in a year or two or even 5 but getting rich is pretty much the idea.
          I've broke even,this was the point of this post.I'm not asking for 1milline dollar idea,how about 1$ idea?
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  • Profile picture of the author LilBlackDress
    Originally Posted by CrisisCore08 View Post

    Hi Warriors.
    3 months ago I purchased my first hosting account and domian name and had this huge dream of becoming millionaire in less than a year using Amazon affiliate,although I didn't wanted to go to deep in it so I purchased a debit-card with about 150$.In less than a month I though "It might take longer then a week to hit the 1,000,000 mark" but I still belived on my dream.
    After 2 months I have spened about 100$,I knew,there is money out there but it is hard to get it,I got maybe 5$ from amazon.I started looking for other ways to make money online but everywhere I looked was either harder then running a website or just had little money in it.After thinking my brain out I decided to sell my website,it had some nice traffic and it was well desinged,it had PR 0 but I've seen worst website going for some high amounts so I listed my website on Flippa.My reserved price was 85$ and I got only 1 bid of 50$,on the end of sale I offered the buyer to buy my website for 75$ and he accepted the offer,however there are a lot of fees with Flippa and I found myself getting only 54$.than I went to fiverr and I offered my services as a Wordpress blog builder,I got 64$ and by doing so I broke even,I keep getting some orders with fiverr.although right now I have 9months of hosting with no domian or website.
    What should I do next?
    CashCow has given you some excellent advice (as usual).

    We can all wish and hope for something but you have to have a plan to achieve it. It sounds like you built a website and got traffic but then did not know how to properly monetize the traffic. So you did the first step but did not follow thru on the next steps to achieve your goals.

    For your next project select something that you will follow thru the whole way. If you just start and don't finish you will not make the bucks.

    Also instead of just focusing on the money think of what VALUE you can provide to people. This will really help you achieve your desires.

    And it never hurts to be realistic....becoming a millionaire in one year as a newbie is not likely.
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    Pen Name + 8 eBooks + social media sites 4 SALE - PM me (evergreen beauty niche)

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  • Profile picture of the author FirstSocialApps
    So you had the following:

    Unrealistic expectation:
    No real plan of action:
    Lack of commitment (you quit quickly)
    Lack of real budget

    And you wonder why you only 'broke even' ..
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    • Profile picture of the author CrisisCore08
      Originally Posted by FirstSocialApps View Post

      So you had the following:

      Unrealistic expectation:
      No real plan of action:
      Lack of commitment (you quit quickly)
      Lack of real budget

      And you wonder why you only 'broke even' ..
      I will start by saing,I'm happy that I broke even,how many people dosn't?

      I agree that I had unreal expection which were a result of being a new in the field,although now days I don't see myself as new but not an expert.

      And I belive I had real plan action,after all I had good traffic and 300real FB likes.

      About the budget,it is not huge one but it was enough to break even,after all I made real money online and I still have hosting for 9 more months!.
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      • Profile picture of the author FirstSocialApps
        Originally Posted by CrisisCore08 View Post

        I will start by saing,I'm happy that I broke even,how many people dosn't?

        I agree that I had unreal expection which were a result of being a new in the field,although now days I don't see myself as new but not an expert.

        And I belive I had real plan action,after all I had good traffic and 300real FB likes.

        About the budget,it is not huge one but it was enough to break even,after all I made real money online and I still have hosting for 9 more months!.
        - You shouldnt be happy to break even. The goal should be to make money, so you failed at the goal. This is not a bad thing. Failure is a part of success. But the point I want to make is that you should not be happy you broke even if your actually trying to make money.

        - Unless you plan of action included selling your site after 2 months then you did not have a very good plan of action that you were able to follow through with.

        -Im sorry but you didnt make any money online. You broke even. So your net was 0. Thats not making money. Its just not loosing money. Its cool that you got some free hosting out of it. But the value of the hosting is probably not worth the time you spent (whats 9 months of hosting worth .. like $36 perhaps)

        Im not trying to discourage you, Im trying to encourage you. I suggest you take the following steps.

        1) Get in the right mindset. Your goal is to make money. Not to break even. Not to get a couple of bucks worth of free hosting. Its to bring in revenue. Keep your eye on the prize.

        2) Make several realistic small stepping stone goals. Im going to do XX after 60 days, Im going to do YY after 90 days etc, Draw it out with small (progressively larger) goals over a 1 year period. This way you can feel a sense of accomplishment after you hit each goal.

        3) Create a detailed action plan for each step. To accomplish my 90 day goal Im going to do this, and this , and that. etc. Do this in advance for each of your small goals. You will of course have to adjust some as you go, but you should have a very clear plan of action in advance.

        4) Make a commitment. Im going to devote XX amount of time per day an YY amount of money (in total, or per month) to this project. One of your stepping stones would likely be that your site becomes self sufficient for money, so you dont have to devote cash to it. But in the beginning your going to have to spend a little.

        Lastly do some research and draw up some numbers in your chosen nich. / format.

        For example, your Amazon.

        -You wanted to make $1,000,000. In 1 month.
        -Amazon affiliate commission caps at 8.5%
        -The average Amazon buyer spends $245 per year, lets 'assume' an average purchase amount equal to this
        -Lets assume your site converts at 3%

        So you would get $20.82 per sale
        You would need 48030 sales
        You would need 960614 site visitors

        While this has some 'assumptions' they are logical assumptions, and this is how projections are done.Not an exact science but it gives you a idea of how realistic your goals are and what your income potential is. As you can see getting $1,000,000 per month is like saying I need to go from 0 to 960K hits per month, in one month.

        A more realistic goal would be:

        In 90 days Im going to increase my traffic to 1500 hits per month and earn $716.62 (you would be at the 6.5% commission level at this point not the cap level)
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  • You wont make a million that quick without doing something that will allow you to make a million that quick, or without an idea worth that much

    You've tried as an Amazon affiliate, whilst you can become a millionaire with it, you need years of publishing content and building up traffic to reach that status. And trust me, currently only the big boys have managed it like About, Inc and a few others. I don't know of any affiliate that has taken it this far, either because they've not wanted to, they don't have the drive or they haven't been at it this long, or maybe they don't have the funds to expand that fast...... This is one of my methods, and it's steadily growing and I'm confident if I just stick at it, I can reach that level. It's just going beyond that point where people say, "I'm satisfied now".

    You've tried offering services on a platform that caps the amount you can earn heavily. You're never going to be a millionaire even if you do thousands of sales per month on fiverr. Though, it may lay a foundation for building up a project that can.

    Even as a single service provider, you're going to find it hard to make even half a million without owning a company with many employees to take on either more jobs or bigger ones.

    Ultimately you need a product, service or solution that you can provide to the right amount of people at the right price point to make that in a year Now some of those you can do alone but with a nice sum of money. One you can do if you get JV's onboard and do list building the right way, with a bit of luck and viral spread, such as providing a solution to a problem. Not many achieve this though, and I don't think those that did ever expected to. Like that Abs guy.

    You need smaller goals for that period of time. You can earn a million, but give yourself much more time. Something like a mid 5 figure sum or low 6 figure sum within a year would be nice for someone starting out, though as usual, very unlikely because noone ever sticks at it long enough before moving on
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  • Profile picture of the author evilsaigon
    Originally Posted by CrisisCore08 View Post

    Hi Warriors.
    3 months ago I purchased my first hosting account and domian name and had this huge dream of becoming millionaire in less than a year using Amazon affiliate,although I didn't wanted to go to deep in it so I purchased a debit-card with about 150$.In less than a month I though "It might take longer then a week to hit the 1,000,000 mark" but I still belived on my dream.
    After 2 months I have spened about 100$,I knew,there is money out there but it is hard to get it,I got maybe 5$ from amazon.I started looking for other ways to make money online but everywhere I looked was either harder then running a website or just had little money in it.After thinking my brain out I decided to sell my website,it had some nice traffic and it was well desinged,it had PR 0 but I've seen worst website going for some high amounts so I listed my website on Flippa.My reserved price was 85$ and I got only 1 bid of 50$,on the end of sale I offered the buyer to buy my website for 75$ and he accepted the offer,however there are a lot of fees with Flippa and I found myself getting only 54$.than I went to fiverr and I offered my services as a Wordpress blog builder,I got 64$ and by doing so I broke even,I keep getting some orders with fiverr.although right now I have 9months of hosting with no domian or website.
    What should I do next?
    It seems like you know how to build wordpress blogs and successfully sold it as a service. Why not take it up a notch from there?

    Create your own website creating service, and you should create your own website for hosting your business. Expand your services to places like Warriors for Hire.
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    • Profile picture of the author Bri777
      yeah fiverr is a good place to start as a newbie. I started earning money there using what I learned as a newbie in IM. =) I'm hustling while building my site. I have wasted some money on ppc because I don't have any experience on it. I figured as experience and knowledge grows, your income also grows. So we achieved our goal of making money online, that's a great start. All we have to do is ramp it up and constantly innovate and offer solutions. Keep it up, people here are really knowledgeable.
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      • Profile picture of the author CrisisCore08
        Originally Posted by evilsaigon View Post

        It seems like you know how to build wordpress blogs and successfully sold it as a service. Why not take it up a notch from there?

        Create your own website creating service, and you should create your own website for hosting your business. Expand your services to places like Warriors for Hire.
        Originally Posted by Bri777 View Post

        yeah fiverr is a good place to start as a newbie. I started earning money there using what I learned as a newbie in IM. =) I'm hustling while building my site. I have wasted some money on ppc because I don't have any experience on it. I figured as experience and knowledge grows, your income also grows. So we achieved our goal of making money online, that's a great start. All we have to do is ramp it up and constantly innovate and offer solutions. Keep it up, people here are really knowledgeable.
        Yea those are all good ideas,I will think on it.
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  • Profile picture of the author Randall Magwood
    Lets see...

    Imagine if you had a goal such as, "$1 million dollars by selling $300 products".

    Thats 3,333 sales a year, 278 sales a month.

    Think you can make this happen for you? You should start off with selling $7 ebooks just to get a feel of what you can expect realistically in your business, and get some experience of making sales.

    If you have a hard time selling $7 ebooks... how are you going to sell $300 products?
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