An introduction and a (fairly reasonable) question

7 replies
Greetings. My name is Darrin and I reside in NE Pennsylvania. This is only my second post so I'll try to make it a decent one

A little about me: While I'm new to IM, my background is in commercial credit/collection and finance. I'm a self made guy and have always worked very hard for anything and everything I have. I know there are NO SHORTCUTS in life, but that doesn't mean there aren't "smarter" ways of doing things. Recently, after giving 25 years of my best to a fortune 500 company, my department (along with several others') was outsourced. While I considered getting into IM in the past, my time was just too limited for a solid commitment. Once I commit, I don't stop until I have achieved my goals, that's just who I am.

Which leads me to my question.

I understand this is NOT an easy (and/or straightforward) question to answer but...here goes. What kind of investment (both monetarily and time-wise) would one have to consider in order to yield a full time income from IM?

I intend on educating myself in all aspects of IM, but at this time, I am considering CPA to start. Thank you in advance.

Darrin
#fairly #introduction #question #reasonable
  • Profile picture of the author WillR
    The biggest investment is time. Most people have enough money to throw at IM to get started. The difference between those that succeed and those that do not usually has very little to do with money. It comes down to how hard they worked and how willing they were to get things wrong many times before they finally got things right.
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  • Darrin,

    I would have to agree with WillR. Time will be the thing you have to put the most of into any online venture you start with. That being said, you can obviously spend more or less money getting things off the ground. Depending on what you choose to pursue and how many times you fail at it, you could end up spending more money than you want to .

    Just like with anything in life, its often perseverance that separates those who win from those who lose.

    Best,

    Shawn
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  • Profile picture of the author HD
    In my personal opinion, anyone can become as successful as Mark Zuckerberg.

    Staying focused to one's plan of action is the key with so many IM opportunities on every corner.
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    Have A Nice Day and a Prosperous New Year!!!

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    • Profile picture of the author Darrin Bentley
      Thank you for the great responses! Yes, I think that is why MOST people fail (and this applies to anything in life), lack of perseverance and/or determination. We have all been there before. Unfortunately, some people continue running in circles, chasing their own tails

      I think in order to be a good marketer, it's important to have a strong understanding of psychology. It's vital to know and understand yourself even before knowing your business and/or what to sell, who to sell and where to sell.
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      A sucker MAY be born every minute, but that don't mean you have to take advantage of them.

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      • Profile picture of the author Michael Harris
        Originally Posted by Darrin Bentley View Post

        Thank you for the great responses! Yes, I think that is why MOST people fail (and this applies to anything in life), lack of perseverance and/or determination. We have all been there before. Unfortunately, some people continue running in circles, chasing their own tails

        I think in order to be a good marketer, it's important to have a strong understanding of psychology. It's vital to know and understand yourself even before knowing your business and/or what to sell, who to sell and where to sell.
        I think most people fail in IM because of lack of focus,
        as well as a lack of stick-ability.

        I agree time flies in this game, so learn to fail fast.

        "Find Away" is a phrase I say to myself quite often.

        A strong understanding of psychology is,
        a great quality to have behind you.

        But giving "Strong Value" will get you further.

        All the best.
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  • Profile picture of the author laurencewins
    You also need to know what you're going to do. Focus is the key. There are lots of ways to make money so choose what you want to do, learn all you can and make a start.
    This forum has tons of useful information which will help you as well.

    Good luck!
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  • Profile picture of the author Micah Medina
    1. Focus on a single niche or task.
    2. Get a mentor. Whether you pay for this or provide a service for them or impress someone, have a single source (or a small group coaching environment) that you can bug with your hard questions so that you're not on the forum getting 10 pieces of advice from 10 people, where 2 of them know what they're talking about and none of them know your individual skills and situation.
    3. Spend a significant [50% +] amount of time befriending other successful marketers.
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