since this is one of my first posts here on WF, i would like to briefly introduce myself before getting to the actual point of this thread. I'm a law & economics student from Germany with a high internet affinity and high level of education. Recently i started thinking of ways to increase my income and as a result i stumbled upon IM and soon found out about this forum as a great source of Information. I have been a lurker for some time until i decided that i wanted to profit from the highly praised War Room and the valuable information you would get there. So i did. I was amazed with the quantity and quality of information and i basically soaked up everything i could get my hands on like a sponge. Now i'm suffering from an information overload
So I would consider myself an expert at certain fields, such as Hair Loss & sports betting. I have heavily researched those niches for years, but without even having IM in the back of my mind. So you could say i was in the 'customer' or 'buyer's' position for years. I firmly believe that i can deliver and produce products and services with extremely high value and quality, actually i already have. Now, since im in the process of learning how to walk in the IM area, I'm having trouble finding out what the best path in my case would be.
I see 3 options :
1. Start from scratch. Use the knowledge i can gain from this Forum and start taking action and constantly improve via trial & error and slowly build a list & network. Monetize.
--> Advantages i see here: Learning the process, getting in-depth knowledge, being independent from others, tweaking everything to personal satisfaction, 100 % profit.
---> Disadvantages i see here: Lack of motivation due to the fact that it might take months to years before actually seeing financial results, having to invest great amount of time for getting expertise in comlex areas (SEO, creating sales funnels etc.)
2. Being the creator with 80 % Outsourcing to designers, copywriters, marketers.
--> Pro's: Less time invested, concentrate on product development, higher quality due to the expertise, much faster financial results.
--> Con's: Less profit, dependancy.
3. JV. Finding one experienced and quality IM Partner (with already built networks and huge list etc.). 50/50 Split.
---> Pro's: Immediate financial results, great quality with everything already in place.
---> Con's: Less profit, heavily dependent on one person ( might be risky), nothing really learnt in-depth.
Would love to hear your opinion on this. Thanks for reading
PS.: Thank you all very much for giving this community such great value and helping beginners with your shared wisdom !