You can't get rich overnight

by Jamell
35 replies
These get rich quick schemes only serve to entice you to make a quick buck at the expense of your pocket book.

Let be honest . We all have methodologies we use to accomplish our marketing goals. .

Yes You have methods that work for you but that doesn't mean the exact same method will work for me.

People jump online thinking they can emulate the results of others without learning and understanding the process .

Every single one of us learn through trial and error no matter how much experience we have.

Yes some of us have more experience than others . Yes it's wise to learn from other people however our target audiences aren't the same and even if they were the consumer still wants to experience a unique marketing experience from you as opposed to sounding like everyone else .

If you sound like everyone else you are blending in which means you can't differentiate your brand from the others.
#overnight #rich
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  • Profile picture of the author oceanlogpig
    You're totally right about those get rich quick schemes - they're usually too good to be true and end up costing us more in the long run. It's important to find marketing methods that work for us individually and that we can tailor to our own unique brand and audience. Trial and error is a key part of the learning process, and it's okay to make mistakes along the way. Just remember, standing out and being authentic is the key to success in a crowded market.
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    • Profile picture of the author Jamell
      Yes they cost you a lot in the long run . Majority of the schemes are designed to upsell you which makes it even more annoying in my opinion .
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      • Profile picture of the author Odahh
        Originally Posted by Jamell View Post

        Yes they cost you a lot in the long run . Majority of the schemes are designed to upsell you which makes it even more annoying in my opinion .
        Well how else are you going to study upsells and marketing funnels. Would you feel cheated if you bought a product explaining marketing funnels and upsells. Then it had offer for a seminar or a course with the transcript of a seminar. Or a coaching program .
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  • Profile picture of the author GordonJ
    What is the context of your post, are you talking about specific schemes here, or just in general saying you can get rich quick?

    What is your point here?

    Which people are jumping online with that thought, of emulating success?

    And what is RICH mean?

    I will say that today, with social media, there have been many, many influencers who have gotten a lot of money in a very short period of time. Heck, Tik Tok is not that old, and within the last couple of years we've seen incredible amounts of money made by those who accumulated large audiences.

    In remote direct marketing, one ad which is a winner, and if it is a front end which makes a profit, there are many marketers hitting home runs, and doing it quickly too.

    It feels as if you are addressing a specific "these", as far as get rich quick means. Care to tell us more?

    Maybe one can make a lot of money in a short period of time, is two years quick? I think to those Warriors who have spent a decade or more struggling to survive, it might be very quick.

    I respect your opinion, but I don't know what you mean by rich or quick?

    Is it relative?

    Now on the other hand, it doesn't take that long to be earning a good job income from IM, if it is set up right at the beginning, and I suppose, that would leave almost everyone out who pursues a get rich overnight scheme, eh?

    GordonJ


    Originally Posted by Jamell View Post

    These get rich quick schemes only serve to entice you to make a quick buck at the expense of your pocket book.

    Let be honest . We all have methodologies we use to accomplish our marketing goals. .

    Yes You have methods that work for you but that doesn't mean the exact same method will work for me.

    People jump online thinking they can emulate the results of others without learning and understanding the process .

    Every single one of us learn through trial and error no matter how much experience we have.

    Yes some of us have more experience than others . Yes it's wise to learn from other people however our target audiences aren't the same and even if they were the consumer still wants to experience a unique marketing experience from you as opposed to sounding like everyone else .

    If you sound like everyone else you are blending in which means you can't differentiate your brand from the others.
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  • Profile picture of the author Odahh
    Conceptually people have their own vision of what they consider as being rich. Then there is the different idea of how long it takes to build that income.

    You can get rich in one plane ride. Just if you have remote income go where that income starting as low as2000$ usd a month put you in the bracket of being rich and 3000$ usd$ Means you have a luxury apartment, a personal chef a maid and a driver. Then you can also get a few massages a week. While occasionally adding a piece of tailored clothing to your wardrobe.

    If that is something you want.

    If you are trying to compete with plastic surgeons, investment bankers, Hollywood celebrities and Silicon Valley executives. You probably have a way to go and work to do to get there.

    How you define the rich lifestyle you want effects how quickly you can get it. But there are many millionaires in California and New York who don't feel rich.
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  • Profile picture of the author Kay King
    "they" cost you a lot...schemes are designed to upsell

    Generalizations - yet you haven't answered questions asked of you....
    is this a broad compliant that YOU can't get rich overnight because OTHER marketers want to SELL you something?



    What is the context of your post, are you talking about specific schemes here, or just in general saying you can get rich quick?

    What is your point here?

    Which people are jumping online with that thought, of emulating success?

    And what is RICH mean?
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  • Profile picture of the author Claude Whitacre
    Originally Posted by Jamell View Post

    Yes You have methods that work for you but that doesn't mean the exact same method will work for me. .
    In many cases, that's not true. If someone makes a marketing strategy work for them......that means it works. It just might not be something you want top do, or are comfortable doing.


    Originally Posted by Jamell View Post

    Yes it's wise to learn from other people however our target audiences aren't the same and even if they were the consumer still wants to experience a unique marketing experience from you as opposed to sounding like everyone else .

    If you sound like everyone else you are blending in which means you can't differentiate your brand from the others.
    I hear this a lot.

    Being unique would matter a lot more if your prospects were aware of every single marketing approach out there. And they never are.

    It's impossible to sound like everyone else, because everyone else doesn't sound the same.

    Being unique is a plus....but only if you're also amazing.

    People don't get rich just because they are unique. They get rich because people want to give them money for what they sell. And people don't buy from you because you are unique....unless they really want what you have and they aren't aware of another option.

    Generally, you seem unique to the buyer, because they are only aware of you...and maybe a few other options.


    No buyers is aware of all the options available to them. You just have to be the best option they are aware of.
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  • Profile picture of the author Jonathan 2.0
    Interesting post Jamell.
    : )

    Depending on what you mean ― I wouldn't want to get "rich" overnight ... I would rather put all the time, effort, and energy into a Venture and kind of "earn" the money. Also I think it's more than just making money.
    It's mentioned a lot ― and for good reason ― however I like the concept of providing "tremendous Value" to People ... (And then asking for something in return.)

    P.S.
    There's a story about a Wealthy Dad who on his death bed leaving his Son a little note (something to the effect of): "Appreciate the value of a hard day's work."
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  • As your natchrl Princess, gotta tellya this is wahooey.

    When you born into Royalty, the cash is yours from the moment the noice cuts the cord.

    Gotta figure it is a bizzarrely unfair system.

    But we wound the clock forward back in the day, an' summa us still paradin' around in the outfits.

    (My tiara gaht plenny joolz btw, but I insist on swappin' it out for jokesy antlahs evry Christmas bcs prolly they woulda done same back in Medieval times if'n they had the choice.)

    Thing is, if'n you ain't rich, why you evah wanna be?

    If'n the internets noozscape be accurit, the loopster bloob-herd guy with the maxo dollahs cain't even whup out his tornado in the rest room without bodyguards checkin' the place for sucky assailants.

    With great dollahs comes great constrainability, it seems.

    As for happiness, if'n you payin' millions of dollahs in rehab fees, the **** you dowin' here, actschlly?

    Plz shoot yusself soonah rathah than latah, you abominable spongemeistah!

    Thing is, ground beneath feet an' sky up above can kinda stretchya out all stoopid if'n you don't watch straight.

    That is why I would wish always to ventyoore into tamara maximally wholesum an' yummy.

    Most change ain't neithah cataclizzumic nor revelatory.

    It is pulsy, it is directed, it is evident.

    You get up, you pull on your panties, you go smile at people.

    I believe it is this evryday momentum kinda grows our potential.

    Imbibe sweet. Pulse exotic. Throw a Santa on yr tiara.
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  • Profile picture of the author PressRel
    Every single one of us learn through trial and error no matter how much experience we have.
    Absolutely right! But we have to remind ourselves often and not get discouraged.
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    • Profile picture of the author GordonJ
      Every single one of us learn through trial and error no matter how much experience we have.
      Originally Posted by PressRel View Post

      Absolutely right! But we have to remind ourselves often and not get discouraged.
      NO. Not at all. Nothing personal, been waging this war for decades...about absolutes, and what EVERY ONE must do, or not do, what is absolutely right...

      Granted some things are learned by the doing, and doing it wrong, so adjustment needs to take place.

      But imagine a dentist. You want her to learn by trial and error? Or would you prefer she have graduated from a dental school, preferably a real one.

      If IM is approached as if it were a profession or a career, there is a lot of trial and error that does not have to take place.

      Professionals learn and study first. They take the time to educate themselves, often at a great cost, BEFORE they jump in and make all those errors.

      The WF may be the best college of IM how not to that exists. It might be the St. Elsewhere of marketing, the Slough House of spies.

      Making money quickly...NO rules against it. Having success with IM in a short period of time...no LAW that says no.

      There isn't a good reason why one has to have a great number of trials and errors in their journey, it is all about how it is set up and gone about to begin with...which takes us to the OP, and the many flawed premises it contains, in addition to this one you so heartily agree with...there is
      the consumer still wants to experience a unique marketing experience from you as opposed to sounding like everyone else

      I'd like to see the study that supports this idea. I'm a consumer, sometimes I want a better price. And I don't know what a unique marketing experience is...but from what I do know about consumers and what they want...

      And don't want. Maybe most of them don't want to have a marketing experience at all, just a better product/service with a fair value exchange.

      NO. NO.

      NO. Not every single one of us (have to) learn by trial and error.

      GordonJ
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    • Profile picture of the author Jonathan 2.0
      Originally Posted by PressRel View Post

      Absolutely right! But we have to remind ourselves often and not get discouraged.
      Yeah I think discouragement is one of the main reasons why People give up.

      Sometimes ― even with an exceptional Plan, work Ethic, and Action ― "failure" is something People have to contend with ... (The "secret" is to learn something from it ...) As Winston Churchill said: "Success is the ability to go from failure to failure without loss of enthusiasm." Ideally People/Entrepreneurs/etc. will succeed on their first attempts, however it doesn't always work like that. Learn something from it and keep going.

      Anyway, thanks for the post PressRel.

      [Added=]
      Thought I would share this quotation from Thomas J. Watson:

      "Would you like me to give you a formula for success, it's quite simple really: Double your rate of failure ..." (Uh, what? How can that work?) He continues:

      "You are thinking of failure as the enemy of success but it isn't at all. You can be discouraged by failure or you can learn from it. So go a head and make mistakes ― make all you can ― because that is where you find success."

      I don't know why, however when I stumbled upon that quotation several years ago I found it very inspiring/empowering.

      All that said ― when a Person has a solid Plan/Guide/Roadmap (from someone who has done it) ... They can avoid a great deal of all the "trial and error". That doesn't necessarily guarantee success, it just makes it much more likely and saves a lot of time. : )
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  • Profile picture of the author DABK
    Your post forgets the power of positive thinking. It's big with some people around here and there.


    I have given people step-by-step instructions for various things... Some get the same results (or good enough), some end up with nothing good. So, though, in theory, everybody can learn; in practice, some cannot.



    And some get really lucky, enter a space at the right time, and think they're amazing (done that myself when I opened my real estate appraising company... had to do no marketing, no advertising, people were just chasing me... Because it was 2009 and I was in the USA. I thought it was because me being sufficiently tall, dark and handsome.



    2008 came and showed me otherwise... Lucky for me, I got into Dan Kennedy and marketing in 2006. It was rough, all the same, but it could have been a lot worse.



    Originally Posted by Jamell View Post

    These get rich quick schemes only serve to entice you to make a quick buck at the expense of your pocket book.

    Let be honest . We all have methodologies we use to accomplish our marketing goals. .

    Yes You have methods that work for you but that doesn't mean the exact same method will work for me.

    People jump online thinking they can emulate the results of others without learning and understanding the process .

    Every single one of us learn through trial and error no matter how much experience we have.

    Yes some of us have more experience than others . Yes it's wise to learn from other people however our target audiences aren't the same and even if they were the consumer still wants to experience a unique marketing experience from you as opposed to sounding like everyone else .

    If you sound like everyone else you are blending in which means you can't differentiate your brand from the others.
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  • Profile picture of the author tagiscom
    You can get rich overnight but it takes an awful long time.

    And what is rich baseline is probably a million, (which barely buys you a house these days).

    I would say that rich is being able to burn 100k and not give a toss, but that is just me.

    But rich is probably being able to do virtually anything with a price tag and not have any remorse about it.

    I could probably package my Stock market Skills into a salable product but why would l if it is making me money?

    Also disclosing all of those methods l have developed over 5 years would potentially destroy some of them and water down others, or as is the case in IM and other areas the more people know the more it may not last.

    Or about the only thing l would sell is being very determined!


    If you are very determined then you will figure it out, and without destroying the systems you may find, since the vast majority are not!

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    • Profile picture of the author GordonJ
      By your definition (1M) a lot of rich people, I know...would most certainly "give a toss" at a 100k expenditure.

      See, what we have at the mind forum, is a lot of LACK of money mindset, and some false beliefs about what rich people do, or would do. Your idea of spending 100k without a worry, is in the Paris Hilton type crowd, Neporichbabies, who inherited it. A nepotrust person never had to work for their wealth.

      Many a rich person has come out of the stock market, by being IN the stock market successfully, and leveraging their profits, NOT by selling how to info, that is left to the marketer types, not the investors. Before they became named pundits, most had success with what they did, ala Jim Cramer.

      But anyhow, the idea, that it takes a long time to get rich, however you define it, just isn't true. It may take a couple of years, but it doesn't have to take a decade. What many Warriors lack is a SAVINGS plan or an investment plan, of growing wealth over the long haul while making their moolah doing something they like to do.

      This thread, and all like it, and the majority of Mind forum participants, have a LACK mindset to begin with and use their experiences as the measurement of how hard/easy it is to reach a monetary goal...and maybe most Warriors don't even have one of those.

      The goal, will often dictate the HOW TO, the Plan of Action to get to that point.

      So, making some glue here; there is do what you love and the money will follow (I vote against this one),

      Do what you like, save and invest and grow.

      Do what makes money...and do what makes money quickly, if it doesn't violate any personal morals.

      But to say it takes years and years just doesn't bear out, especially today.

      GordonJ



      Originally Posted by tagiscom View Post

      You can get rich overnight but it takes an awful long time.

      And what is rich baseline is probably a million, (which barely buys you a house these days).

      I would say that rich is being able to burn 100k and not give a toss, but that is just me.

      But rich is probably being able to do virtually anything with a price tag and not have any remorse about it.

      I could probably package my Stock market Skills into a salable product but why would l if it is making me money?

      Also disclosing all of those methods l have developed over 5 years would potentially destroy some of them and water down others, or as is the case in IM and other areas the more people know the more it may not last.

      Or about the only thing l would sell is being very determined!


      If you are very determined then you will figure it out, and without destroying the systems you may find, since the vast majority are not!

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      • Profile picture of the author Claude Whitacre
        Originally Posted by GordonJ View Post


        But to say it takes years and years just doesn't bear out, especially today.
        Some businesses take years and years, because of the structure of the business.

        But online? Selling something?

        The part that takes years is the constant self sabotage....then the period of not doing anything at all...then waiting...then pretending to work (I speak as an expert in this area)...then bragging about what you are going to do....then making a half hearted effort to try again. And the constant jumping at shiny objects away from what you know.

        And then one day you just decide to get to work, and a week later, you're on your way.

        At least, that's my experience.

        Originally Posted by tagiscom View Post


        I could probably package my Stock market Skills into a salable product but why would l if it is making me money?

        Also disclosing all of those methods l have developed over 5 years would potentially destroy some of them and water down others, or as is the case in IM and other areas the more people know the more it may not last.
        You mean because your methods are so powerful that markets would crash if word got out about your secret strategies?

        Yes....I see the danger.
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        • Profile picture of the author GordonJ
          Sure, some businesses do take years and years. Sticking with one one person would be Entrepreneurs, ala most Warriors, they don't have years and years to do that type of business.

          Reminds me when I got my Real Estate License, with GRI designate, and my broker told me it would take 12 years to get to 100k a year. I told him my goal was 365 or 1k a day in two years...he laughed. Then got mad, when I informed him my side hustle, OFF KEY singing telegram business was already doing 1k a day, and that mostly profit.

          I didn't last long in RE. Back then, mostly men, and brokers believed in residential "farms" for 5 years, and industrial/biz believed it took about 7 to get really good.

          From a quick money stand point, that is determined by the kind of business one wants to do. One past venture was with a Dr. who took 5 years to build his network type (it didn't start as mlm) supplement business, almost identical to one Felix the Rich Jerk did in about 18 months to the tune of millions (and legal woes).

          One big difference is most that grow a business over time (years) almost always can pay their salaries, or make a living from it AS they grow it to wealth. Few IM types can do that.

          Professionals, Drs., Lawyers, Brokers, etc. often take years to build a practice which puts them in the upper %, unlike some good salesman, who can do that in a couple of years, if they sell the right product/service.

          But for IM to take years to produce a living income? I don't buy it, that is a direct reflection on the Entrepreneur and the plan and choice they make at the start.

          What we see here at WF, are butterflies, flitting from one thing to the next...not so many taking the time to choose carefully and align with those enterprises which can and do bring in faster income.

          Years and years? NO thanks. But to each his own.

          GordonJ




          Originally Posted by Claude Whitacre View Post

          Some businesses take years and years, because of the structure of the business.

          But online? Selling something?

          The part that takes years is the constant self sabotage....then the period of not doing anything at all...then waiting...then pretending to work (I speak as an expert in this area)...then bragging about what you are going to do....then making a half hearted effort to try again. And the constant jumping at shiny objects away from what you know.

          And then one day you just decide to get to work, and a week later, you're on your way.

          At least, that's my experience.



          You mean because your methods are so powerful that markets would crash if word got out about your secret strategies?

          Yes....I see the danger.
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          • Profile picture of the author Claude Whitacre
            Originally Posted by GordonJ View Post

            I didn't last long in RE. Back then, mostly men, and brokers believed in residential "farms" for 5 years, and industrial/biz believed it took about 7 to get really good.
            That strategy was created for agents who don't know how to sell.

            When I was 21 and started selling life insurance, I was told that it would be 5 years of cold calling and misery and then a life of easy selling. That was what was pitched in the industry.

            My first full calendar year, I as the #3 agent in the country (for that company). Was it because I was a sales genius? No. It was because I cold called for months, and then figured out a way to get sell employees of companies, and have their premium taken out of their paycheck.

            Almost nothing I learned about selling came from the company.

            But that "Starve for the first 5 years" rule was for people who thought they were in the insurance business. I figured out that I was in the "selling insurance business".

            It has always fascinated me that nearly everyone I've met in sales.....has never studied selling at all. It never even occurs to them.
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            • Profile picture of the author GordonJ
              You are right Claude, and it took us some aging to understand how a lot of the Silent/Boomer generation (I think you being on the youngest side of it) were full of horse hockey or B.S. if preferred. The whole farm, taking time, years of struggle was created, more I think, by companies/Industries that didn't know how to sell or teach. Or wanted to maintain control.

              You may have been just before the revolution of "buy term, invest the difference" of Art Williams, the Billionaire, who changed the landscape for a short while of the insurance industry. He was a disrupter, and he did help many people make a lot of money in a short period of time, maybe he was the Frank Kern of insurance (ha).

              Your point is exactly the one I make here. These Warriors who say it takes years and years, are akin to those who think they are in: the SEO business, the Affiliate Marketing business; the Copywriting biz, etc., etc. when and IF they ever get to the basic idea,


              THEY ARE IN THE SELLING BUSINESS. Period. Period. Period.

              Then it is less about years and years of struggle, and becomes more about

              Who am I selling to?

              WHAT am I offering?

              The mechanics of the transaction?

              Unlike the good old days, where we were mostly instructed by corporate idiots, the Warrior of today can make a lot of money quickly once they have accepted the fact that they are in the selling business.

              And it happens with a transaction. Between who? What? Where? and along with When and Why. Those answers don't take decades to figure out.

              They should be the STARTING point of any business. Which brings up another point, most Warriors are woefully undereducated in basic business concepts and are unwilling to spend (in their minds waste?) time on learning some of the basics first.

              We see a lot of diving in. Taking the plunge. Going all in. And the oft disaster of that action.

              GordonJ

              If you ain't selling something online, can you say you are an Internet Marketer?????




              Originally Posted by Claude Whitacre View Post

              That strategy was created for agents who don't know how to sell.

              When I was 21 and started selling life insurance, I was told that it would be 5 years of cold calling and misery and then a life of easy selling. That was what was pitched in the industry.

              My first full calendar year, I as the #3 agent in the country (for that company). Was it because I was a sales genius? No. It was because I cold called for months, and then figured out a way to get sell employees of companies, and have their premium taken out of their paycheck.

              Almost nothing I learned about selling came from the company.

              But that "Starve for the first 5 years" rule was for people who thought they were in the insurance business. I figured out that I was in the "selling insurance business".

              It has always fascinated me that nearly everyone I've met in sales.....has never studied selling at all. It never even occurs to them.
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              • Profile picture of the author Jonathan 2.0
                Interesting discussion Claude and GordonJ:

                Reminds me of this quotation: "We are all salesmen every day of our lives. We are selling our ideas, our plans, our enthusiasms to those with whom we come in contact."―Charles M. Schwab.

                Thoughts?
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                • Profile picture of the author GordonJ
                  Originally Posted by Jonathan 2.0 View Post

                  Interesting discussion Claude and GordonJ:
                  Reminds me of this quotation: "We are all salesmen every day of our lives. We are selling our ideas, our plans, our enthusiasms to those with whom we come in contact."―Charles M. Schwab.
                  Thoughts?
                  First, a point about industrial wealth. The gilded age saw men become rich, unbelievable wealth...and some might argue, on the backs of low paid, abused workers, especially in the steel, railroad, and construction industries that gave rise to their wealth.

                  Schwab basically paid for PA to form a new "Police" force, just to break strikes at his company. It can be argued, these Industrialists, also created the rise of the socialist and communist parties too.

                  Just to give a balanced and fair perspective to the men we choose to admire and use as our examples. Schwab was a brilliant, and RUTHLESS man. His brand of Entrepreneurship would be hard for some today, to admire.

                  But, he was very good at bringing people together, for GREED, until the greed got out of his control.

                  The point, however, of your post that we are always selling, I just want to contrast with his inability to sell his workers on NOT forming a union.

                  To the issue of WF, and QUICK money, or get rich quick...we have seen that is relative.

                  One Warrior wants to be able to spend 100K without a care, and that would be rich; whereas another could live like a king in parts of the world on a 10k a month income, which is not out of the reach of most Warriors.

                  So, if we accept the Schwab adage, then it would make selling an important skill to learn, and we have Claude, with some terrific books from his experiences, to learn from.

                  As for the Warrior, who wants to make money quickly...it may come down between the

                  WHO you are selling to. Or the What you are selling.

                  Owning a steel mill and a ship building company at the time the USA was spending the first great tax of DEFENSE aided in many an Industrialist to maintain their NY standings in the 400 club.

                  A Warrior can begin with a WHO? Someone with the money to spend, with a need/desire/hunger for ____________?

                  Or a WHAT, and then find the market to make your offers at.

                  I agree in the general concept of we are selling, always, whether we acknowledge it or not.

                  GordonJ
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                  • Profile picture of the author Jonathan 2.0
                    Thanks GordonJ. Admittedly ― I don't know everything about Charles M. Schwab (except what I read in "Think And Grow Rich") ― I just thought the the quotation was interesting. (And kind of makes a lot of sense IMO.) So I decided to post it for "Food for thought."
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                    • Profile picture of the author GordonJ
                      Originally Posted by Jonathan 2.0 View Post

                      Thanks GordonJ. Admittedly ― I don't know everything about Charles M. Schwab (except what I read in "Think And Grow Rich") ― I just thought the the quotation was interesting. (And kind of makes a lot of sense IMO.) So I decided to post it for "Food for thought."
                      Schwab died almost broke, living in a small apt, having been kicked out of his house by his wife, she being a little bit upset he fathered a child with a mistress.

                      There is an old saying, be careful not to meet your hero, for disappointment awaits.

                      TAGR is a complete RichWashing job, by a man, who many say, never even met most of those he claimed he did. It was Nap Hill worshipping the rich from afar while cashing in if he could. NOW, that may not matter. The book contains good ideas for the most part and it has the sales and testimonials for decades.

                      Many claim it was their key to unlocking their potential.

                      One thing Hill doesn't really dive into is TIMING, and how so many of those names on his list of successes, may have been in the right place at the right time and we tend to give them a lot more credit than they really deserve.

                      Right now, the TIMING is right for? AI. For the next two years, fortunes will be made off of the AI wave.

                      Three months ago, at the WarriorPlus site (nothing to do with WF), there wasn't much being sold on AI< as of today, the top sellers are all about AI.

                      Just as in USA post civil war, the rebuilding, the founding of steel mills, railroads and the US NAVY, all contributed to the massive increase in steel production, and all that came with it. War brings new fortunes with it.

                      This is not to say that men and women didn't achieve fantastic results, all I am asking is that one consider the circumstances for their wealth.

                      An historical perspective will often reveal, that their autobio, and paid for biographies may leave out a few details about the times.

                      Just as today's gurus gloss over their legal troubles, having had assets seized, having paid huge fines, some even doing time behind bars...these facts get glossed over as they make more and more money.

                      Nothing new really.

                      These uber rich types were just people. Some did have incredible skill, some had imaginations and determination, but not all of the rich of the past were that special, some just downright scoundrels; in my younger days, I really liked Chase Revel, the bank robbing, lying, cheater who founded ENTREPRENEUR magazine, one of my favorite publications.

                      From a Warrior view just be aware of who and where the good sounding sound bites come from.

                      GordonJ
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                • Profile picture of the author Claude Whitacre
                  Originally Posted by Jonathan 2.0 View Post

                  Interesting discussion Claude and GordonJ:

                  Reminds me of this quotation: "We are all salesmen every day of our lives. We are selling our ideas, our plans, our enthusiasms to those with whom we come in contact."―Charles M. Schwab.

                  Thoughts?
                  "As soon as you lay your hands on a conversation, to steer it. It's not a conversation anymore. It's a pitch." Danny DeVito The Big Kahuna


                  This is a clip where they talk about selling...and character. I thought you would enjoy it.
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                  One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

                  What if they're not stars? What if they are holes poked in the top of a container so we can breath?
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                  • Profile picture of the author Jonathan 2.0
                    (Lol) Thanks Claude: I watched the whole thing. Really I think the "Human" aspect of "Sales" and "Selling"/"Marketing" really makes a diffidence. IMO ― most People can tell/sense when they're dealing with someone "honest" and who really cares ... (I could be wrong though ― just an Apprentice Entrepreneur.)
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                    "Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem and turned it into an opportunity."―Joseph Sugarman
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  • Profile picture of the author tagiscom
    Originally Posted by GordonJ View Post

    By your definition (1M) a lot of rich people, I know...would most certainly "give a toss" at a 100k expenditure.

    See, what we have at the mind forum, is a lot of LACK of money mindset, and some false beliefs about what rich people do, or would do. Your idea of spending 100k without a worry, is in the Paris Hilton type crowd, Neporichbabies, who inherited it. A nepotrust person never had to work for their wealth.
    Point taken but l am going with the Rolling Stones who are immensely wealthy and told one of their drivers to smash one of their limousines into a wall just to see how it would look, or for laughs perhaps.

    So totaling a car almost worth 100k since they were bored and extremely wealthy, so didn't give a toss about the money value!



    Many a rich person has come out of the stock market, by being IN the stock market successfully, and leveraging their profits, NOT by selling how to info, that is left to the marketer types, not the investors. Before they became named pundits, most had success with what they did, ala Jim Cramer.
    Agreed.

    But anyhow, the idea, that it takes a long time to get rich, however you define it, just isn't true. It may take a couple of years, but it doesn't have to take a decade. What many Warriors lack is a SAVINGS plan or an investment plan, of growing wealth over the long haul while making their moolah doing something they like to do.

    Do what makes money...and do what makes money quickly, if it doesn't violate any personal morals.

    But to say it takes years and years just doesn't bear out, especially today.
    Unfortunately it bears out on the US stockmarket, or some months make more money than others. I hate this conclusion but have to face it, strike when the iron is hot but it won't be hot all of the time.

    I know of two newbies who started out with about 10k each and lost most of it since they had beginners luck and virtually no experience.

    It does take years to master this, but a decade you probably have a point.

    Originally Posted by Claude Whitacre View Post

    Some businesses take years and years, because of the structure of the business.

    You mean because your methods are so powerful that markets would crash if word got out about your secret strategies?

    Yes....I see the danger.
    Lol, no of course not, a lot of investment corporations very likely use some of my strategies but don't say anything to their client base, since they have an advantage that mainstream only has a hint of.

    Or more to the point if a quick and easy way is found to create wealth then ....bodies may step in, change legislation and is it effectively unusable or not available anymore.

    Countries don't flourish if everyone is rich, but they do if most work hard and pay high taxes.

    This gets back to the Frank Kern example were he spammed before spamming was made illegal, created a 8k list and grew it from there.

    Or the guy who leveraged 50k just before Gamestop took of and turned it into l think that he ended up with 125million. That wasn't tossing a coin there was more to it than that.

    And he didn't say a word about how he did it only that he expected it to go up but was surprised by how much.

    He knows that if he had told everyone how he did it everyone would use it and the method would be destroyed by overuse or new rules may be implemented and the method would be illegal.
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  • Profile picture of the author Odahh
    Shane can you pick a different story of a celebrity,athlete or rockstar wasting a chunk of money. Unfortunately any attempt to google that story leads to the magazine and not the band.

    If they where crashing the limousine to see how it looked. Where they by chance filming it to maybe put the footage in a music video or get photos for the cover of an album single.

    Maybe it was creative inspiration to write a song.

    Many of those stories that hit the press are publicity stunts. Or the are the stories of how celebrities/ rockstars and pro athletes went broke so fast.

    Then there are the stories that come of of how people committing fraud and other criminal activities spend the money.

    Adding this .much of the wealth around the world is hidden and it either socially not excepted to be flashy. Or it's dangerous. In the last 30 years there has been so much wealth created around the world with so many different ways for people to get rich. People from different cultures with different people priorities get rich and build wealth differently. There is even a different idea of what is valuable.

    Now even with globalization stalling and the economic crisis unfolding around the world because of to much debt. New technology will open ways for many more to get rich and build wealth in the next 20 years. Different from how people did it traditionally.
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  • Profile picture of the author GordonJ
    I was quick to criticize this viewpoint. Mostly because there isn't any context.

    But as the thread has gone on, and we have different ideas of what rich is, and discuss time too...I thought it only fair, if I was so against this post, then maybe it would behoove me and the forum to give the other side of the coin.

    I advocate making money quickly, ASAP, as soon as you can.

    Sure, sounds good.

    But HOW?

    Not to drag this out, and to keep things dirt simple...and if you disagree, feel free to express yourself, this is only one person's point of view. Fair enough?

    My favorite story comes from Ben Suarez and Gary Halbert, two names widely recognized in marketing. Ben spent 5 years struggling (must have been an early Warrior-HA)...trying to get his mail order business off the ground. He had spent a lot of money and a LOT of time and just couldn't get it to work.

    Enter Halbert. With his ADVICE. Sell what people want to buy, not what you want to sell.

    It was advice ignored, right up to the brink of bankruptcy. As a last ditch effort, he did what Gary told him to do, sell something popular that people were already buying...in other words, sell to an existing "hungry" crowd.

    And his choice was astrology. Ben hated the idea, went against everything he believed in, except the making money part. So, reluctantly, he gave it great thought, and the result was a breakthrough ad, ASTROLOGY TODAY. It ran on the back of the Sunday comics in test newspapers, then was rolled out across the country.

    After 5 years of heartache, struggle, and failure, in a matter of MONTHS he was rich. Rich enough to end all debt, build a business which 50 years later is still going strong.

    Because...and here is the HOW TO I mentioned:

    He began to sell what people were buying.

    In the thread, I have said that Claude gave us the answer, BE IN THE SELLING business...not the SEO, IM, AI, Affiliate, eCom, etc., etc. business

    And as long as you are going to be in the SELLING BUSINESS, then it stands to reason you would want to:

    Learn how to sell. Learn how to sell REMOTELY, online, to complete strangers around the world. This involves knowing the mechanics, the basics which are:

    A product/service or OFFER as many like to call it today...that is the SOMETHING to sell.

    A prospect for the thing, preferably someone who has bought a similar thing recently.

    A PROMOTION, or as I call it, the INTERSECTION where your prospect meets your offer, and a way to take money or exchange value.

    The WAY to get rich quick, or make money fast is; Sell something they want, and keep selling them a family of the thing they want.

    Now all the tools, such as funnels and such, have been automated to the point where anyone can get started for minimum costs, and reinvest profits to scale it all up.

    In choosing your product/service/offer, many of the most experienced will tell you to start with the WHO first, and build, acquire, create your offer for them...it is faster than doing first and trying to find a market.

    Since I was quick to criticize the idea, I feel at least now, there is somewhat of an idea to counter balance it out.

    YOU can make money quickly. And now you have a dirt simple concept of the HOW.

    Questions??

    GordonJ


    Originally Posted by Jamell View Post

    These get rich quick schemes only serve to entice you to make a quick buck at the expense of your pocket book.

    Let be honest . We all have methodologies we use to accomplish our marketing goals. .

    Yes You have methods that work for you but that doesn't mean the exact same method will work for me.

    People jump online thinking they can emulate the results of others without learning and understanding the process .

    Every single one of us learn through trial and error no matter how much experience we have.

    Yes some of us have more experience than others . Yes it's wise to learn from other people however our target audiences aren't the same and even if they were the consumer still wants to experience a unique marketing experience from you as opposed to sounding like everyone else .

    If you sound like everyone else you are blending in which means you can't differentiate your brand from the others.
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    • Profile picture of the author max5ty
      Originally Posted by GordonJ View Post


      He began to sell what people were buying.
      Business 101.

      Unfortunately, almost everybody would agree...but few get the agreement part out of their brain and put it into action.

      If you know 90% of all millionaires got that way through real estate, why wouldn't you get into real estate?

      Well, umm, you know, I just don't have the cash...

      you start out small and build your way up. Don't overcomplicate your excuses.

      I now have over 300 apartment units in 2 states. Honestly, I couldn't care any less about apartments or real estate...but it's an investment that took years to build up.

      You don't need to start with multi-million dollar apartment complexes...start with a house you need to remodel and go from there...

      but, most won't even start small because they're chasing other shiny ideas that just may, maybe, possibly, who knows, be a winner. And in all honesty, it took me a few years to get it through my hard head that not everybody cares or wants what I had to sell. Find a product that people want.

      I'm not trying to make this post about real estate...just using it as an example of what is proven to work.

      You can try to sell Tea Cup Pigs all day, but it's probably not a million-dollar idea...

      then you'll wonder how to write your copy better, or why your ads aren't working. Obviously, this is just an example and I have no idea if Tea Cup Pigs sell well...the point is, if you want to make a lot of money you go where the money is.

      There's nothing wrong with having a hobby and working on that...but don't expect to always get wealthy from it. If you're happy just making pocket change, that's ok too.

      Find the products/services/investments that make money and you'll make money.

      It may not always be what excites you...but once you have cash coming in you can pursue your hobbies.

      I've worked on projects that were so boring to me that I wondered how anyone could possibly care about the crap...but guess what? People were buying it and making someone wealthy.

      So so so so so many people will agree that you need to sell what people want...but so so so many people don't take their own advice.

      Thanks for that post. It's a subject that could go on and on.
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      • Profile picture of the author tagiscom
        [quote]

        Unfortunately, almost everybody would agree...but few get the agreement part out of their brain and put it into action.

        If you know 90% of all millionaires got that way through real estate, why wouldn't you get into real estate?

        Well, umm, you know, I just don't have the cash...

        you start out small and build your way up. Don't overcomplicate your excuses.

        I now have over 300 apartment units in 2 states. Honestly, I couldn't care any less about apartments or real estate...but it's an investment that took years to build up.

        You don't need to start with multi-million dollar apartment complexes...start with a house you need to remodel and go from there...
        I know it has become a cliche to hear about how some millionaire celebrity bought this property and then sold it years later for a few million in profits.

        but, most won't even start small because they're chasing other shiny ideas that just may, maybe, possibly, who knows, be a winner. And in all honesty, it took me a few years to get it through my hard head that not everybody cares or wants what I had to sell. Find a product that people want.

        I'm not trying to make this post about real estate...just using it as an example of what is proven to work.

        You can try to sell Tea Cup Pigs all day, but it's probably not a million-dollar idea...then you'll wonder how to write your copy better, or why your ads aren't working. Obviously, this is just an example and I have no idea if Tea Cup Pigs sell well...the point is, if you want to make a lot of money you go where the money is.
        Tea cup pigs wouldn't make you rich!

        Went through that phase and found out that Chinese imports with very talented artists could sell at wholesale twice as cheap as l could, (dinner sets that look like Tulips, Elephants, etc).

        Doing what l loved and living in abject poverty a month away from being thrown out on the street since l couldn't pay the rent, (classic artist life) nope!

        There's nothing wrong with having a hobby and working on that...but don't expect to always get wealthy from it. If you're happy just making pocket change, that's ok too.

        Find the products/services/investments that make money and you'll make money.

        It may not always be what excites you...but once you have cash coming in you can pursue your hobbies.

        I've worked on projects that were so boring to me that I wondered how anyone could possibly care about the crap...but guess what? People were buying it and making someone wealthy.

        So so so so so many people will agree that you need to sell what people want...but so so so many people don't take their own advice.

        Thanks for that post. It's a subject that could go on and on
        True, do what bores you and the money will follow.

        Projects that have border restrictions or are hell to send though the post or have some restriction of some kind putting a ceiling on your earning potential are projects to be avoided. Doesn't matter how much you love doing it, love doesn't translate to wealth it does translate into loving it and losing all sense of time, but not big wads of cash.

        Online businesses involving digital products pretty much have no restrictions on earning potential, nor Stock market trading, and most may think that pressing keys all day isn't hard work like digging a ditch, but l beg to differ.

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        • Profile picture of the author max5ty
          tagiscom -

          You may be doing something you don't like...but still working on something you love.

          Example: You hate writing a book...but you've done a proof of concept and will love making money on it.

          If what you love is making money and succeeding, then no matter what you do to make the money, you're still working on something you love. I know that's a very brief explanation, but if you think about it long enough it'll make sense.

          Speaking of proof of concept...

          it's something most ignore.

          Back to the book example: Someone spends weeks and months and maybe years writing a book...then they offer it for sale to a dismal opening.

          Proof of concept is when you see if anybody cares about your book before you start writing it.

          Throw up a 1-page lander. Sell what you're planning on doing and have people sign up to be notified when it comes out...or presell the book, etc.

          Run ads to your proof of concept and see if you're wasting your time on the idea.

          It's a lot cheaper and time-saving to run ads to a proof of concept than it is to spend all the time building it and trying to advertise it...only to find out it's a dud.

          Lack of doing a proof of concept is why you'll see people frustrated their ads aren't working...then they wonder what they're doing wrong.

          People are doing proof of concept on crowdfunding every day. 1-page landers are used by market-savvy people every day for proof of concepts.

          People will take weeks to build a website and have no idea if it will work.

          Weeks, months building software...

          products...

          It goes along with the saying I've used before: Move fast and break things.

          Heck, you can do 4, 5, or 10 proofs of concepts at a time and maybe end up with a couple of good money-makers. Of course, you'll do your research to determine if your proof of concept has merit.

          Why not do what smart successful marketers do?

          Want to start a local offline business? Do a proof of concept. Throw up a page and see if there's any interest.

          Want to start a local coffee shop even though there are already 35 in town? Do a proof of concept and sell 300 subscriptions for $49 a month for all the free coffee you can drink. That's 15K a month you're already bringing in on opening day.

          One last thing...

          you can do a proof of concept and also do a quick survey which gives you valuable feedback.

          So, I'm probably getting away from the subject too much (my mind wanders), but, proof of concept is something that works and could probably have a couple of threads just on the subject.
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          • Profile picture of the author GordonJ
            Thanks max5ty,

            You wrote:
            So, I'm probably getting away from the subject too much (my mind wanders), but, proof of concept is something that works and could probably have a couple of threads just on the subject


            Au contraire, mon frère...you are getting us closer to understand the HOW one can get rich overnight...whatever rich means. In your post you address the
            build it (write it) they will come (buy) FALSE concept too many new Warriors follow.

            Yes, too little discussion on "proof of concept", in the olden mail order days, there was dry testing, until it was frowned upon by alphabets, I love the modern Internet way as you describe to test proof of concept.

            I like people I work with to use gumroad to test their proof of concept.

            A lesson I learned in the 70's, about HOTSHEETS from a pretty well known marketer, was to use a hotsheet to gather names, and it works ONLINE much better. You can give your little hotsheet away to list build or charge a small fee to get buyers, and then within the hotsheet or short report, you can link to either offers or continue to build the relationship.

            As you mention, one can be testing proofs of concepts on several things at a time and that IS a short cut to riches. Once we discovered that only 1 in 7 of our offers were winners, it became a numbers game. Even if you get to 12 fails in a row, 13 and 14 could more than pay for all the testing.

            Along with your "move fast and break things", someone in a hurry to make money quickly might want to also "break a lot of things" simultaneously.

            I think PROOF OF CONCEPT is a perfect fit for a thread about getting rich quick, or at least making money ASAP. I would bet all the Warriors who accept the idea of the OP, are also the ones who have never tested their ideas first.
            Proof of concept is a SHORTCUT, one which most don't even know about, thanks for bringing it up.

            GordonJ



            Originally Posted by max5ty View Post

            tagiscom -

            You may be doing something you don't like...but still working on something you love.

            Example: You hate writing a book...but you've done a proof of concept and will love making money on it.

            If what you love is making money and succeeding, then no matter what you do to make the money, you're still working on something you love. I know that's a very brief explanation, but if you think about it long enough it'll make sense.

            Speaking of proof of concept...

            it's something most ignore.

            Back to the book example: Someone spends weeks and months and maybe years writing a book...then they offer it for sale to a dismal opening.

            Proof of concept is when you see if anybody cares about your book before you start writing it.

            Throw up a 1-page lander. Sell what you're planning on doing and have people sign up to be notified when it comes out...or presell the book, etc.

            Run ads to your proof of concept and see if you're wasting your time on the idea.

            It's a lot cheaper and time-saving to run ads to a proof of concept than it is to spend all the time building it and trying to advertise it...only to find out it's a dud.

            Lack of doing a proof of concept is why you'll see people frustrated their ads aren't working...then they wonder what they're doing wrong.

            People are doing proof of concept on crowdfunding every day. 1-page landers are used by market-savvy people every day for proof of concepts.

            People will take weeks to build a website and have no idea if it will work.

            Weeks, months building software...

            products...

            It goes along with the saying I've used before: Move fast and break things.

            Heck, you can do 4, 5, or 10 proofs of concepts at a time and maybe end up with a couple of good money-makers. Of course, you'll do your research to determine if your proof of concept has merit.

            Why not do what smart successful marketers do?

            Want to start a local offline business? Do a proof of concept. Throw up a page and see if there's any interest.

            Want to start a local coffee shop even though there are already 35 in town? Do a proof of concept and sell 300 subscriptions for $49 a month for all the free coffee you can drink. That's 15K a month you're already bringing in on opening day.

            One last thing...

            you can do a proof of concept and also do a quick survey which gives you valuable feedback.

            .
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            • Profile picture of the author max5ty
              Originally Posted by GordonJ View Post

              I like people I work with to use gumroad to test their proof of concept.
              I've noticed a lot of people using gumroad on product hunt...even if it's for something free. I'm guessing it's an easy way to capture data?

              The whole POC is really just about saving time and money (famous infomercial line).

              I think we all know stories of people who have spent months working on a project and then finding out they had the whole concept wrong...or the public was looking for another approach...or most would-be buyers thought this or that should have been included to make it better...

              You can actually find a problem that 100% of everybody has...but 0% of anybody is willing to pay a dime to fix it.

              The POC method can answer so many questions.
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              • Profile picture of the author GordonJ
                This year, I am working with only 4 people, out of 21 that "applied", to take them to a 5 thousand dollar a month recurring income by the end of the year. All are on track to do that. May not qualify as "rich", but I'd wager it is better than most new Warriors are going to do.

                5k monthly = 60k a year, part time, recurring income.

                The first assignment is to have a PRODUCT for sale within the first 10 days, and I chose gumroad because it is easy and does it all for the beginner. Simple no code web site, ability to take money and deliver a digital product. It really doesn't get any easier.

                It is also a marketplace, albeit, one of the lesser known ones. But 10 days to first product, then one a week for a month. If they do this part, then we examine the track, the path they are on and take on the other elements. It will take most of the year to get to the 5k recurring income, and that from building a list of buyers and a continuous creation/addition/expansion process.

                With sites like Gumroad, and many others out here, it strips away all excuses from people who aren't making it in IM.

                I would also bet the OP, and those who agree with him, that they don't have a mechanism in place to create/acquire products and a system set up to sell them.

                Gumroad is just one way to test the concept, get some proof, MOSTLY proof these guys CAN create a product and have it in the marketplace, quickly. FAST.

                But if anyone prefers to take it slow and use years and years, that is a choice, eh?

                GordonJ



                Originally Posted by max5ty View Post

                I've noticed a lot of people using gumroad on product hunt...even if it's for something free. I'm guessing it's an easy way to capture data?

                The whole POC is really just about saving time and money (famous infomercial line).

                I think we all know stories of people who have spent months working on a project and then finding out they had the whole concept wrong...or the public was looking for another approach...or most would-be buyers thought this or that should have been included to make it better...

                You can actually find a problem that 100% of everybody has...but 0% of anybody is willing to pay a dime to fix it.

                The POC method can answer so many questions.
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  • Profile picture of the author tagiscom
    Originally Posted by max5ty View Post

    tagiscom -

    You may be doing something you don't like...but still working on something you love.

    Example: You hate writing a book...but you've done a proof of concept and will love making money on it.

    If what you love is making money and succeeding, then no matter what you do to make the money, you're still working on something you love. I know that's a very brief explanation, but if you think about it long enough it'll make sense.

    Speaking of proof of concept...

    it's something most ignore.

    Back to the book example: Someone spends weeks and months and maybe years writing a book...then they offer it for sale to a dismal opening.

    Proof of concept is when you see if anybody cares about your book before you start writing it.
    True when l developed my software, (put up a WSO here) for the best Underconstruction WP App available all l did was study all of my competitors that were clearly selling them and put all of their best ideas into one package, (ideas only).

    #1 Best graphics, (well l did enjoy that part but outsourced most of it).
    #2 Best backgrounds, (image, or product replicated over the background, etc).
    #3 Best social media aspect, (had Facebook, Twitter and so forth options down the bottom and a feed option of course).
    #4 And put in someone very few of my competitors were using, or a link option that would stop at a certain stage of the large countdown timer to the ? launch time.

    Anyone could do that, but even though l made over 1k in profits most of that was for affiliate's, and l eventually had to close down the offer as spammers using Giraffe sites to siphon credit card numbers and using that to steal my product was getting too much in the end, (PayPal doesn't refund that on occasions and that kills profits).

    I know, l know if l had got my team of programmers in India to do a series of related products it could have been a viable business, but back then l thought that one product would make me rich, but it is a bit more involved than that.

    Agreed loved the money, loved the sense of achievement and loved the positive feedback here, losing a sense of time, only when doing the graphics.

    I guess l just laid out here how to make money online, but hey my business these days is online trading so l am happy to spill the beans and kick the can down the road.

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