Here’s a question I received in my inbox this week….
“Please tell me, honestly, where do you get your money from? Cos I have tried everything, and nothing works. What you hiding?”
as my answer ended up being a bit long, I thought I’d share it here…
What am I hiding?
Ok [name removed], here’s the secret, but keep it too yourself…
“focus and persistence”
Yup, it’s pretty much that simple.
Find something you like doing and stick at it, don’t jump on to the next “shiny new thing” when you don’t make your first $1k in the first week!
What do I make money from?
Well, this list is probably going to make your comment “’Cos I have tried everything, and nothing works” seem a little off the mark…
Article Marketing – I’ve made as much as $2,000+ in 24 hours with just one article, but don’t expect to get that kind of result straight away, be persistent…
Keep writing new articles and testing new “markets” to find what works for you, then do more of it, then do some more!
Resource: – http://www.mat4.com/ebooks/articlewriting/
Blogging – would I have bothered to set up over 50 blogs, with more in the pipeline, if this didn’t make money for me…
Resource: – http://blogtactics.com/freeblogreport.html
List Building – it’s a commonly held “truth” put about by “guru’s” that “the money is in the list”. I’ve more than tripled the size of my subscribers lists in the last 3-4 months and it’s had a VERY significant POSITIVE effect on my income.
So as far as I’m concerned, the “guru’s” are right on the money, the more subscribers you have the more profitable your business will be.
Resource: – http://www.mat4.com/ebooks/mailinglistprofits/
Selling Info Products – this sounds scary to most people, it was to me before I actually just got on and did it, then I discovered that it’s not that scary at all, and oh boy is it a good way of making money online.
Just find a subject that people are interested in and you can write about (if you can’t then just spend some time researching it and learn yourself first), and it doesn’t have to be in the “make money online” market, I have an ebook about playing Warcraft (because I enjoy it) that not only pays for my “warcraft” addiction, it also makes me a few bucks on top…
Resource: – http://mg.gd/a/pcl
+ free software with “giveaway” rights to help build your list: -
Selling PLR Products – you don’t even have to start with your own info product, you can buy the rights to a product that someone else has written and sell it yourself, which is one heck of a shortcut!
I use this method on many of my blogs in different markets, and I’m working on a video tutorial product to show how easy it is.
Resource: – http://www.themoneytreechallenge.com
Selling Text Links – this is one of my all time favorite methods, it’s not quick to get going with, but once you’re up and running it’s a recurring income on auto-pilot!
Resource: – http://www.lazygitmarketing.com
Affiliate Marketing – well this fits in with all of the above really, so start article marketing and blogging to build your subscriber list and you can start recommending related products to people on your list, just make sure you recommend stuff that you use and have tested out first yourself, so you know what you’re talking about.
Resource: – http://mg.gd/a/guass [NEW]
Selling Web sites – yup, I even buy and sell websites now and then, it’s not a huge part of my business, but it can bring in some pretty impressive profits without too much work, if you know how to….
Resource: – http://mg.gd/a/flip-flopping
The most important thing when you’re starting is not to try and do ALL of those above, at least not straight away, take the time to get good at each one and then add extra “steps” once each preceding “step” has started generating income to help pay for the next one…
Last Note: If you look at the resource links I’ve included you may well start thinking -
“Hang on Matt, most of these are going to involve me spending some money!?!”
Well yeah, Doh!
You can probably find most, if not all, of the same information just by searching on google, but it’ll be mixed in with a whole bunch of stuff that doesn’t work.
The point of spending some money is to INVEST in your EDUCATION!
This will simply save you time and frustration by getting you on the right path with a system that is proven to work.
here’s a quick comparison for you – I recently became interested in Poker, Texas Holdem specifically, but I’d never played it before.
Do you think I just went out and deposited some money in a poker site and started playing…?
No Frackin Way!
I knew that would be a sure fire way of losing money, so I started doing some research to find places I could play for free to practice, AND I started researching which were the best experts (aka “guru’s”) to learn from, then I went and bought a whole bunch of books to learn how to play.
and guess what…
I’ve been playing for Real Money for less than a month, but I’m already in profit (so far )!
That’s because I see the “wisdom” (personally I’d call it good old fashioned common sense) in educating myself first…
[sidenote: anyone else see the beauty of internet marketing here? Yup, I've got some Poker blogs on the way already... ]
If you really don’t want to invest in your education then that’s your choice, but please understand your path to a profitable internet business is going to be a LOT harder, imho.