Question: Do you think fame is apart of becoming wealthy online?

14 replies
Last week I sat at home thinking about starting a brand new site in which my goals were to see how hard (or easy) it would be to create an income stream in a niche I know nothing about and have absolutely no status/fame/authority in.

As I sat down to draw up plans, I noticed that the large majority of my thoughts revolved around "making a name for myself".

Even though my goal was to make money without being known or recognized.

It felt as if I could not escape that aspect of becoming wealthy online.

So I reached out to a few buddies who I knew were working on extremely high ticket products and I asked them;

how important is fame/authority in regards to the income you make online.

All three of them said its huge.

Now I know that was a small sample and could have been skewed for many reasons, so here I am to ask you.

Do you think fame is apart of becoming wealthy online? Or is it possible to make it work without it?
#fame #online #question #wealthy
  • Profile picture of the author Terry Crim
    Depends on your business plan.

    I know people making 7 and 8 figures on both sides of that. Some develop a recognizable name in a niche while others just site back quietly.

    That name by the way does not have to be your own, there are plenty of recognizable names that are aliases. Hollywood movie actors do it all the time, trade under a name that is not their given name.

    Which is better? Which is easier? You don't have to make as many public appearances going the just sitting back route.

    When I say sitting back I mean not building a brand around yourself. You still develop a brand with the product you create and build up.

    If you have a bigger ego it is easier to develop fame and live off of that because you will be driven by spot light and being center of attention. If you are shy, don't like to talk with people face to face and just prefer sitting behind a computer and email then fame can be the worst nightmare of your life.
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  • It's possible to make it work without it!

    The fame/authority part is however an additional bonus due to the fact that most potential customers tend to feel more comfortable knowing that there's an established brand name person/product being pitched, and also customers like to know that thousands of other folks "rave" about said person/product.
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  • Profile picture of the author Sarevok
    Depends on your business plan like the above poster mentioned.

    It's definitely possible to be a faceless and nameless affiliate, or own some type of company.

    But if you want to be some type of coach/guru and sell high ticket products, it's great to have a following.

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  • Profile picture of the author lovebeingdaddy
    Agreed there are many people out there that are making a fortune and we have never heard of them, of course being well known doesn't hurt. Look at all the people that go to chains, not because there food is that good, is because they are known and trusted.
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  • Profile picture of the author Brent Stangel
    Infamy is probably more likely...which is just as profitable. (;
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    • Profile picture of the author Pitchfork Marketing
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      Ok so lets rephrase the question a bit...

      Do you think you have to be famous to be successful online.
      (successful, for the sake of this post means earning six figures+/Yr)
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  • Profile picture of the author AmericanMuscleTA
    No, you don't have to be famous to be successful online.

    Cheers!
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  • Profile picture of the author Taylor Stewart G
    Originally Posted by antoniobrave View Post

    Last week I sat at home thinking about starting a brand new site in which my goals were to see how hard (or easy) it would be to create an income stream in a niche I know nothing about and have absolutely no status/fame/authority in.

    As I sat down to draw up plans, I noticed that the large majority of my thoughts revolved around "making a name for myself".

    Even though my goal was to make money without being known or recognized.

    It felt as if I could not escape that aspect of becoming wealthy online.

    So I reached out to a few buddies who I knew were working on extremely high ticket products and I asked them;

    how important is fame/authority in regards to the income you make online.

    All three of them said its huge.

    Now I know that was a small sample and could have been skewed for many reasons, so here I am to ask you.

    Do you think fame is apart of becoming wealthy online? Or is it possible to make it work without it?
    I know plenty of millionaires who you've never heard of, but their Internet business is not dependent on building their personal brand value.
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    • Profile picture of the author heavysm
      Networking helps and becomes part of the game as you grow larger, and naturally from that people recognize your expertise. So maybe that's what you mean?

      Fame just seems like an incidental attribute that follows being recognized for your skill when you start networking and working with others whom you can mutually benefit from.

      Those actively looking for fame tend to have the wrong mindset...like wanting to be rich just to want to have the money or whatever.

      Having that end result comes as a process of recognition from others. When others take notice of you it has to be for a reason, likely that you have some qualities or have achieved some result that they want to emulate.

      So fame does appear to be part of the picture, but only incidentally so.
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  • Profile picture of the author Max Anderson
    Look at the gurus... It becomes easier to sell if you are viewed as an authority figure within you niche.
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  • Profile picture of the author onSubie
    Can you name a single guru who was famous before he was a 'guru'?

    I think most became 'famous' as a result of their success not as an aspect required for becoming successful.

    You would also need to define 'famous'. To me, 'famous' means 'known to the general public' and there are not many 'internet marketers' who are famous until you hit levels like Facebook founders.

    But I think you just mean famous in the tiny circle of people who already know them. Much like many indie movie directors are unknown except within the indie film industry.
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  • Profile picture of the author DoubleOhDave
    I think a certain degree of notoriety is required for wealth made from internet marketing itself... but many high ticket products create money for behind the scenes guys like copywriters and graphic artists.. then there are ecommerce stores and eBay guys who nobody knows of - so it's all relevant!
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  • Profile picture of the author ShoppingSignals
    I think fame is the wrong word for it. Authority - yes. Well known - maybe. Fame? No. Internet marketers aren't famous. Even the biggest have a couple hundred thousand in their audience. Maybe I'm just nit-picking but that doesn't qualify as famous to me. Famous, to me, is someone the general public knows about.

    At any rate, I think what really matters is that you establish yourself as an expert and authority in your niche. This is because it creates trust in you and provides opportunities for you. If you truly want to remain anonymous, do it all under a pen name and a stock head-shot. There's nothing wrong with that, IMO. Just be authentic in your content and that's all that really matters.
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  • Profile picture of the author jgant
    It helps if you're marketing to the MMO crowd to establish a reputation.

    But if you're in different niches, a brand can be just as good or better. Look at most big sites and it's the site name/brand you recognize, not the founder.

    In fact, if you publish a high quality website, it doesn't need widespread fame to be extremely profitable.

    If you're thinking of entering the MMO niche, I do think it helps to establish a profitable track record in another niche first to demonstrate that you know what you're doing... that alone can develop trust... plus you actually have something to teach.
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