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Pressure to keep up IM

by Devilfish168
17 replies
my host cost 260 dollars including some extras which needed

my aweder is one year subscription

ok cut it short convert USD to my local currency it cost roughly 500++ per year

so far I didn't earn much from IM..


how about fellow IM?

how much is your expense to maintain IM?
#pressure
  • Profile picture of the author Alast
    I'm unsure why you're paying so much for your hosting, particularly given you aren't earning much from IM??

    I pay less than $30/month right now. That being said - I also am not earning much right now.
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  • Profile picture of the author RichardF
    260 dollars is close to what I'm paying, and I've got 3 VPSes and 3 beefy XEON dedicated servers. Unless you're selling resource intensive services, there's absolutely no need to pay that much. I'm really curious about why you need this expensive hosting if you're not making much money?
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  • Profile picture of the author Alast
    Sorry - I thought you meant $260/month.

    If you can't afford that, then could I suggest you get a job and save money?
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    • Profile picture of the author Devilfish168
      Originally Posted by Alast View Post

      Sorry - I thought you meant $260/month.

      If you can't afford that, then could I suggest you get a job and save money?
      is 260 per year ~
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by Devilfish168 View Post

    so far I didn't earn much from IM..
    I promise I don't mean this rudely, ok? It's "sensitive", and it's easy to misunderstand people when you discuss something "sensitive", and I know English isn't your first language, and I just want to avoid a misunderstanding here, ok?

    But ...

    ... I'm not at all surprised. Because it seems that you ask for help and advice about quite a large range of issues (nothing wrong with that, at all), and get advised by some good, reliable, people who certainly know what they're talking about, but for whatever reason, you never quite manage to take their advice (because a few days or weeks later you're asking something that couldn't possibly have arisen if you had taken their advice).

    I don't mean it "personally" and I'm not complaining in any way ... but you've asked loads of questions here about "how to sell ClickBank products", and you've been given some really good advice, and by quite a few people, but you're still not making any ClickBank sales worth talking about because you haven't actually taken the advice. It may be that "being a ClickBank affiliate" isn't even the right thing for you to be trying at all, because I worry about your outgoing email series to your subscribers, mostly because of your English, and because I know that there's no income without that.

    (I could give five other examples, too, but I don't want you to feel like I'm criticising you! ).

    Originally Posted by Devilfish168 View Post

    how about fellow IM?

    how much is your expense to maintain IM?
    It doesn't matter.

    Mine is actually higher than yours, but I have huge lists and have to pay a lot for an autoresponder. But that doesn't matter, because it's a drop in the ocean compared with the income it generates, after I've been building up my business for nearly 6 years, now.

    When I started, my only real outgoings were about $4 - $5 per month for hosting and about $20 per month to Aweber. (I registered a couple of domains, too, but those are "annual" not "monthly" costs, and they're very small!)

    Apart from owning a domain-name or two, if you're paying for more than "simple, basic, shared hosting" and an autoresponder service, and you're not earning anything, it's probably time to change your entire business model.

    And whatever you do, don't listen to the people saying it's all about "taking action". It isn't. (And especially not for you, because I know you take plenty of action!). In my judgement, your problem (just like that of many other people) is that you haven't set off in the right direction, and for whatever reasons (and I'm not blaming you for them), all the help/advice you get here isn't actually assisting you at all.


    .
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    • Profile picture of the author Devilfish168


      I don't mind people give negative comments this is how people learn.

      Well , I still stick to my present plan because I know time haven't come..
      I will keep monitor how it go .
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      • Profile picture of the author bentanck
        Hey,

        Greetings from sunny Spore...

        I can understand your concern cos I am also new to this adventure..

        Perhaps we can connect and exchange some ideas..

        bentanck(at)yahoodotcom

        Cheers,
        Ben
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      • Profile picture of the author Alexa Smith
        Banned
        Originally Posted by Devilfish168 View Post

        Well , I still stick to my present plan
        Well, I question the wisdom of this course of action, if you'll excuse me.

        I think sticking to a plan that's costing you something every month and isn't producing any real income is very likely to be a "second-best" choice. A "big strategic re-think" may be more productive.

        Your reasoning, there, reminds me a little of that silly cartoon that people so often paste in to this forum, showing "the guy who turned around and stopped just before reaching the diamonds in the mine". It's horribly misleading and inappropriate, in my opinion. There may be very occasional people in that position, but my own feeling is that for every person like that, there are 1,000 people who have set off down the wrong mineshaft and kept going mostly because everyone told them "never give up" and "continue taking action", rather than re-appraising everything they're doing.

        You know that I wish you well.

        .
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  • Profile picture of the author JohnnyPlan
    Maybe you could get cheaper hosting and put some of that money saved into hiring a professional writer to create a better email series as this is likely to earn more money for you than more expensive hosting ever would.
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    • Profile picture of the author bones46
      I concur - It is not about how much you are spending but what you are doing with it. Either pick one thing and put all your efforts into it - to see how to make it work. Once that is in place, try another thing until you get that to work and so on or try something new on a small scale and measure it. See it is works. if it doesn't, tweak it or change it or scrap it and try something else. Take it one step at a time and work on perfecting each step as opposed to trying to jump all the way to the top.
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  • Profile picture of the author Brent Stangel
    who have set off down the wrong mineshaft and kept going mostly because everyone told them "never give up" and "continue taking action", rather than re-appraising everything they're doing.
    It's like the song says, "You've got to know when to hold them, know when to fold them..."

    One of the many qualities of successful entrepreneurs is knowing the difference between tweaking the plan and giving up.
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  • Profile picture of the author jan roos
    As far as hosting goes. Get the hostgator baby account for 9.99 per month. More than what u need at this point.
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    • Profile picture of the author Kay King
      I still stick to my present plan because I know time haven't come..
      Your complaint in this thread is that you are spending more than you earn - not a plan I'd want to stick with.


      $500 a year in expenses to run a business is about $42/month so I don't understand why anyone is worrying "cheaper" options.

      Your problem is not that expenses are too high - it's that you aren't doing the necessary work to bring in profit to cover the expenses.
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      • Profile picture of the author Alexa Smith
        Banned
        Originally Posted by jan roos View Post

        As far as hosting goes. Get the hostgator baby account for 9.99 per month. More than what u need at this point.
        Jan, I think you know me well enough to know that I have lots and lots of respect for your posts, and for your advice in this forum?

        I hope you'll tolerate my mentioning that since HostGator has been bought out by the dreaded Endurance International Group, and all aspects of their service have declined so much over the last few months, I find it quite impossible to recommend them for hosting, though I was an enthusiastic customer for years. I still have some hosting there, myself, am increasingly worried about it and definitely won't be renewing it.

        Just my opinion: hosts to avoid are EIG-owned companies (there are a lot, these days), and GoDaddy, and 1and1. Arvixe is well recommended by many Warriors, at the moment, reliable and not expensive. I might move there, myself, later this year.

        Originally Posted by Kay King View Post

        Your problem is not that expenses are too high - it's that you aren't doing the necessary work to bring in profit to cover the expenses.
        This certainly seems right, to me.

        .
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  • Profile picture of the author Andyhenry
    Originally Posted by Devilfish168 View Post

    cost roughly 500++ per year

    so far I didn't earn much from IM..
    My costs went up as my earnings went up, so although my hosting costs are higher now than before - I don't see the difference because my clients are paying for it.

    If you are hosting your own site(s) and not making enough money to cover the cost then I would look at that and either change your model to improve your income, or cut your costs until you do.

    The same with your email. You shouldn't be using Aweber if you're not making enough money from email marketing to cover the costs, or your online business can cover that cost.

    Paying for things which you don't need (Aweber is not needed for starting out) that cost you recurring money and don't pay for themselves is a recipe for problems.

    Unless you're reselling, hosting shouldn't cost more than $5 a month for a wordpress site and $20-30 will probably cover more than most people ever need - until they make enough money to ramp up server features etc.

    Your email should be free until you're making money.
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    nothing to see here.

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  • Profile picture of the author experting facebook
    yeah it's a little bit expensive but there are so many ways you can bank over what you have spent Affiliate marketing for example
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