Cheer up Marketers! 1,700 MILLIONAIRES are made EVERY DAY!

Banned 9 years ago

Originally Posted by neshaword

That's the good news. Here's the article:

Cheer up, America: 1,700 millionaires are minted every day

Now, the bad news, I don't know how many marketing millionaires join this club every day. For what is worth I would really like to know.

You could guess, 'zero' and would probably be very accurate. :-)

Frank

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uce 9 years ago

Even a millionaire has to start from scratch if you are not born with a golden spoon in your mouth.
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- neshaword 9 years ago
  
  Originally Posted by uce
  
  Even a millionaire has to start from scratch if you are not born with a golden spoon in your mouth.
  
  Just said it in the previous comment, if you inherited one, then you don't have a thing to worry about.
  
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neshaword

9 years ago

Originally Posted by BigFrank

You could guess, 'zero' and would probably be very accurate. :-)

Frank

There's this line in the article Frank, I just can't get out of my head. It says something like, the inheritance gives you the best chances to become a millionaire. If so, then what are all those people doing out there? Then, this game from zero to hero is rigged from the day one. Not only for millionaires, but for all people trying to make a change. Disappointing.

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MikeFriedman

9 years ago

Originally Posted by neshaword

There's this line in the article Frank, I just can't get out of my head. It says something like, the inheritance gives you the best chances to become a millionaire. If so, then what are all those people doing out there? Then, this game from zero to hero is rigged from the day one. Not only for millionaires, but for all people trying to make a change. Disappointing.

It's called life insurance. The best way to leave behind a sizable inheritance is to buy a lot of life insurance and then die. If you don't believe me, try it.

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tagiscom

9 years ago

Originally Posted by neshaword

That's the good news. Here's the article:

Cheer up, America: 1,700 millionaires are minted every day

Now, the bad news, I don't know how many marketing millionaires join this club every day. For what is worth I would really like to know.

A short description, yay, ok, how many are online...

Probably 2%, of 10 to 15k of new marketers who go online, hmmm, l think that it was every day,

So about 100k a week, or 400k a month or about half a million a year.

So 2%, (Frank Kern estimate, which l agree with) of 500k, or should l say 15k, per day, is about...

So, if taken enough years in advance, it probably works out to, 100 to 150 IM millionaires a day

So out of 1,700 there are about 100 IM ones, pretty small, but still.

Recently read about a lady on Creative Market who got over the 1 million sales mark, and she mainly did fonts. Pretty inspiring.

Although drop shipping and PPC, are probably other areas with good IMM's!

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neshaword

9 years ago

Originally Posted by tagiscom

A short description, yay, ok, how many are online...

Probably 2%, of 10 to 15k of new marketers who go online, hmmm, l think that it was every day,

So about 100k a week, or 400k a month or about half a million a year.

So 2%, (Frank Kern estimate, which l agree with) of 500k, or should l say 15k, per day, is about...

So, if taken enough years in advance, it probably works out to, 100 to 150 IM millionaires a day

So out of 1,700 there are about 100 IM ones, pretty small, but still.

Recently read about a lady on Creative Market who got over the 1 million sales mark, and she mainly did fonts. Pretty inspiring.

Although drop shipping and PPC, are probably other areas with good IMM's!

Now, this is what I call a rocket science math, lol. Great!!

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MikeFriedman 9 years ago

Originally Posted by neshaword

Now, this is what I call a rocket science math, lol. Great!!

No it is just total BS he made up by pulling numbers out of the air.
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BigFrank Banned 9 years ago

Originally Posted by neshaword

Now, this is what I call a rocket science math, lol. Great!!

No - the correct term is, 'pulled from my butt math.' If you can't verify or validate the numbers, they are worthless and nothing more than an opinion based on even more nothing.

We see a lot of that, here. Just like, "How long should a sales video be?" lol

Frank
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tagiscom

9 years ago

Originally Posted by BigFrank

No - the correct term is, 'pulled from my butt math.' If you can't verify or validate the numbers, they are worthless and nothing more than an opinion based on even more nothing.

We see a lot of that, here. Just like, "How long should a sales video be?" lol

Frank

Originally Posted by MikeFriedman

No it is just total BS he made up by pulling numbers out of the air.

Originally Posted by neshaword

Now, this is what I call a rocket science math, lol. Great!!

Thankyou nesh, l guess that knocking a Turkeys heads off isn't enough for some, this time of year.

I was with a website forum a few years ago and 15k of new marketers per day, was the figure they gave, so, no it isn't BS.

Nor is some online marketers putting a lot of effort into some projects, or threads, only to get negativity from some individuals.

Good to see that the WFOT has a bit of life left in it!

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BigFrank Banned 9 years ago

Originally Posted by tagiscom

I was with a website forum a few years ago and 15k of new marketers per day, was the figure they gave, so, no it isn't BS.

Which has absolutely nothing to do with how many become millionaires. NOTHING!!!

Frank
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yukon

Banned 9 years ago

I bought a $1 scratch off lottery ticket yesterday and won $1.

Is fate telling me to cash in and buy another ticket or hold?

I need answers!

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tagiscom

9 years ago

Originally Posted by BigFrank

Which has absolutely nothing to do with how many become millionaires. NOTHING!!!

Frank

Well, Nesh, wanted to know how many IM could become rich, l believe that l gave a rough figure.

Originally Posted by yukon

I bought a $1 scratch off lottery ticket yesterday and won $1.

Is fate telling me to cash in and buy another ticket or hold?

I need answers!

No, you are destined for failure, try again in the year 2135!

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BigFrank Banned 9 years ago

Originally Posted by tagiscom

Well, Nesh, wanted to know how many IM could become rich, l believe that l gave a rough figure.

No. The correct answer is, "Somewhere between none and all, 'could,' with none probably being the most accurate number."

Do you ever pose these questions to yourself before posting a ludicrous answer or is it just more important for you to appear as if you know something, even when you are clueless?

You will appear to be a helluva lot smarter when you say nothing as opposed to saying something that is not correct, especially on a continual basis.

Frank
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lerxtjr

9 years ago

Sorry, I'm really not sure what the point is with this article, and especially why it was important to start a thread on this forum to showcase it. Everything we do as web marketers is in a different world than the majority of traditional people in society trying to either get a better job, get a job, or live off entitlements & food stamps or sell drugs so they don't have to get a job. None of those options are going to make many millionaires. So, the stats in the article are skewed to begin with. Well, maybe selling drugs makes millionaires, but one probably won't live long enough to enjoy the riches.

Of course there are tons of new web marketers that jump into the game looking for that silver bullet WSO to propel them to overnight online riches without doing any real work. They blow $100 in facebook ads and give up while telling everyone "social networking doesn't work for businesses." Those are the people that will skew tagiscom's math results because they shouldn't even be considered in the totals really.

One last thing: It's a misconception that millionaires don't spend time on forums. That is completely untrue. I know of four full-time web marketing millionaires that I've been friends with for 15 years and they have active memberships to this forum. They may not post often, but they are definitely there reading what questions people are asking, looking for trends, and occasionally replying to posts.

I cannot claim to be one of those millionaires, but have come close a few years. When I realized what it would take to really push it and get there, I chose a more balanced life instead. It was my choice to not go that extra step because I knew exactly what it would take to get over that hump, which would conflict with other wants and goals I have such as being a good dad and hubby.

My point: I'll bet there is a surprising population of this forum that have maybe not hit millionaire status, but have been consistent money earners in the $200K-$800K per year range. They should not be thought of as failures but successes, because it is possible to enjoy life with abundance and balance, even without being a millionaire.

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BigFrank Banned 9 years ago

Originally Posted by lerxtjr

Sorry, I'm really not sure what the point is with this article, and especially why it was important to start a thread on this forum to showcase it.

And, yet - your post is the longest in the thread, by far. lol

Frank
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tagiscom

9 years ago

Originally Posted by BigFrank

No. The correct answer is, "Somewhere between none and all, 'could,' with none probably being the most accurate number."

Do you ever pose these questions to yourself before posting a ludicrous answer or is it just more important for you to appear as if you know something, even when you are clueless?

You will appear to be a helluva lot smarter when you say nothing as opposed to saying something that is not correct, especially on a continual basis.

Frank

I think you need to reread my posts!

Frank Kern, you know the guy that made a million within a few hours during one of his launches, said that 2% make it online, and a well know webhosting service l still belong to, quoted the 15k a day figure.

2% of 15k....!

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BigFrank

Banned 9 years ago

Originally Posted by tagiscom

I think you need to reread my posts!

Frank Kern, you know the guy that made a million within a few hours during one of his launches, said that 2% make it online, and a well know webhosting service l still belong to, quoted the 15k a day figure.

2% of 15k....!

Silly! Frank Kern, if he actually made that money, did so because people like you take what he says as gospel.

You see how that works? I'm happy to know that for you, if Frank Kern says it - it's a fact. lol

Frank is laughing, all the way to the bank because of gullible folks like you. Personally, I don't believe a single word put out by any IM guru

Frank

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MikeFriedman

9 years ago

Originally Posted by tagiscom

I think you need to reread my posts!

Frank Kern, you know the guy that made a million within a few hours during one of his launches, said that 2% make it online, and a well know webhosting service l still belong to, quoted the 15k a day figure.

2% of 15k....!

Even if Frank Kern was right, and there is absolutely no way for him to know that since nobody keeps statistics on that, he said 2% "make it online". That doesn't mean 2% become millionaires.

And how in the world would any webhost in the world know that there are 15,000 new internet marketers each day?

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tagiscom

9 years ago

Originally Posted by MikeFriedman

Even if Frank Kern was right, and there is absolutely no way for him to know that since nobody keeps statistics on that, he said 2% "make it online". That doesn't mean 2% become millionaires.

And how in the world would any webhost in the world know that there are 15,000 new internet marketers each day?

True, he said ....it was life changing"! Not make a million, although.

They got that, (if l remember correctly) from an organization that takes down new IM, emails) or an email supplier.

This organization which had substantial lists, 250k or more, derived the numbers from their data.

So as Frank might be extrapolating, it isn't 15k a day of broad visitors but individuals who have some sort of interest in making money online.

3% make it offline, so 2% seems a reasonable remark, and l have never bought any of FK S***t, too expensive!

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Zodiax

9 years ago

Originally Posted by tagiscom

True, he said ....it was life changing"! Not make a million, although.

They got that, (if l remember correctly) from an organization that takes down new IM, emails) or an email supplier.

This organization which had substantial lists, 250k or more, derived the numbers from their data.

So as Frank might be extrapolating, it isn't 15k a day of broad visitors but individuals who have some sort of interest in making money online.

3% make it offline, so 2% seems a reasonable remark, and l have never bought any of FK S***t, too expensive!

I'm sure you could pony up some cash

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tagiscom 9 years ago

Originally Posted by Zodiax

I'm sure you could pony up some cash

No, l have seen his name list one or the $1800 one, (friend gave me a peek) and it doesn't offer much.
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HAMEMI

Banned 9 years ago

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Zodiax

9 years ago

No point in becoming a millionaire if you cannot sustain it - or maintain a good work life balance.

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BigFrank

Banned 9 years ago

Originally Posted by Zodiax

No point in becoming a millionaire if you cannot sustain it - or maintain a good work life balance.

I would think that is something that each individual can determine for themselves. We all march to a different drummer. What's right for you could be meaningless to another individual and everyone's ratio of work/life balance is completely different.

Wouldn't you agree??? lol

Frank

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Zodiax

9 years ago

Originally Posted by BigFrank

I would think that is something that each individual can determine for themselves. We all march to a different drummer. What's right for you could be meaningless to another individual and everyone's ratio of work/life balance is completely different.

Wouldn't you agree??? lol

Frank

Yeah - personally I am not a fan of making one million dollars for 3 years and than losing it all in one instant. Kind of spoils all of the fun don't you think?

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BigFrank

Banned 9 years ago

Originally Posted by Zodiax

Yeah - personally I am not a fan of making one million dollars for 3 years and than losing it all in one instant. Kind of spoils all of the fun don't you think?

Personally, I'm not a fan of contemplating ludicrous hypotheticals.

I try to live a fact-based existence. Anything else is just mental masturbation. :-)

Frank

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Zodiax

9 years ago

Originally Posted by BigFrank

Personally, I'm not a fan of contemplating ludicrous hypotheticals.

I try to live a fact-based existence. Anything else is just mental masturbation. :-)

Frank

Well, I am not knocking your philosophy of life, as it has obviously served you well since you are in your 70s.

Personally I keep an open-mind, and don't automatically dismiss something that may go against my dogma. Nobody has a full handle on reality as everyone sees things through their own ego-based filter - and cannot see the bigger picture.

I call it ego-based reality. It is why none of the world problems have been solved - because everyone is focused on what they see instead of what is going on around them.

If you keep an open-mind - you will realize that there are people that are making millions per year and have shared what they did to get to that level many times over the years - and it really is not a hypothetical.

I won't insult your intelligence and go into funnels and ad spend but I think you can come to an honest conclusion based on what I said.

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BigFrank

Banned 9 years ago

Originally Posted by Zodiax

Well, I am not knocking your philosophy of life, as it has obviously served you well since you are in your 70s.

Personally I keep an open-mind, and don't automatically dismiss something that may go against my dogma. Nobody has a full handle on reality as everyone sees things through their own ego-based filter - and cannot see the bigger picture.

I call it ego-based reality. It is why none of the world problems have been solved - because everyone is focused on what they see instead of what is going on around them.

If you keep an open-mind - you will realize that there are people that are making millions per year and have shared what they did to get to that level many times over the years - and it really is not a hypothetical.

I won't insult your intelligence and go into funnels and ad spend but I think you can come to an honest conclusion based on what I said.

I think we're discussing two different issues, but I can take the blame for that as I have been sitting at my desk since 7 AM, all the while thinking that today is SUNDAY!!!

I do try to keep an open mind, but I am an opinionated, little SOB and won't be changing anytime soon. Not relying on what I have learned up to this point in my life can be fraught with disaster, so I don't yield too many points. And like you almost correctly stated, that's how I got to be knocking on 70. :-)

There is little that can be stated in life that won't be true for some people, but it's important to remember that 'some' is not everyone. Keeping an open mind is a two-way street.

Trust me, I have a very lofty perch (please refer to my signature), am extremely cognizant of all that happens around me and there isn't much that gets by me.

If I seemed overly argumentative - that truly wasn't my goal. lol

Frank

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eComCoder

9 years ago

You can become millionaire in almost any industry. But for young people the easiest way besides inherited wealth is definitely IT and IM

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Dennis Gaskill 9 years ago

Originally Posted by Zodiax

No point in becoming a millionaire if you cannot sustain it - or maintain a good work life balance.

That's kind of like saying there's no point in a healthy lifestyle since we're all going to die anyway. There could be many good reasons for becoming a millionaire even, if only for a short time. Because you do not see them, doesn't mean they don't exist.
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Michael Mayo

9 years ago

Millionaires are a dime a dozen now a days!
Becoming a Billionaire is the new in thing! ...lol

Have a Great Day!
Michael

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Cheer up Marketers! 1,700 MILLIONAIRES are made EVERY DAY!

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