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Am I an idiot for thinking IM can be run on autopilot?

Discussion in 'BlackHat Lounge' started by farfetchedmoney, Jul 27, 2011.

  1. farfetchedmoney

    farfetchedmoney Regular Member

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    I lurk WF alot lately, and, I notice those who are making money always tell others that they will never be able to outsource their business completely.

    May I ask, "why the hell not"?

    I Just cannot comprehend the fact that you make money and still have to do shit yourself. Are the profit margins that thin that you have to do some task yourself?

    I remember one guy saying he makes $4000 a day and I read a tiny bit of his PDF recently and he said in it, "if you think you wont have to do any work put this down now"..... "I still have to work".

    Seriously, guys taking your ego out of this conversation, what the fuck am I missing here?

    I know you think they are idots over there, but, some of them make money just like you in this room.

    We all want freedom, I am just confused as to why they can't pick a business model that is best to outsource, and, get cracking. :confused:
     
  2. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    You can outsource quite a bit in most businesses, but you'll still need to oversee it to some extent. I employ a manager who looks after my sites, but I'm still ultimately responsible for the big decisions. Doesn't take much time - but doesn't mean I can just sit on a beach all year.

    And when it comes to clients, I personally maintain relationships with everyone I deal with on a regular basis.

    When people say "you still have to work", they don't necessarily mean writing articles, playing with Scrapebox etc - they mean making major decisions, looking after the finances etc. Don't know about you - but I could never 100% trust my business in someone else's hands.
     
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  3. littleg2008

    littleg2008 Senior Member

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    i think if you are going to outsource, you should use diferent people doing different parts of whatever strategy you use. Most people who find a successful method will want to keep that to themselves so very reluctant to outsource.

    But there is nothing wrong with outsourcing tiny parts to individual people and then it all is fully complete when it is all done, but the people you use who you get involved have no idea the full project scale
     
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  4. BENNY8877

    BENNY8877 Supreme Member

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    Exactly this. You need a bunch of workers assigned to different areas so that they will not be able to fully understand, and therefore duplicate, your business.
     
  5. internalsoul

    internalsoul Jr. VIP Jr. VIP

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    This is IM dude, you cant simply rely on a single business model. Today the business model is working great may not work tomorrow. IM is a industry which changes rapidly and you have to cope up with it to sustain in this world. Now, coming to WSO, well 99% of them are rehearsed stuff not worth a single dime. If they have a solid sky rocket profit making business model, then are they that much idiot to share it for few bucks. I dont think so, rather they will keep it secret until their business model is getting saturated. All you are missing is the right track on IM. Just select the one which suits your profile and you will be in good shape. Best of luck.
    regards
    Internalsoul
     
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  6. Bross

    Bross Senior Member

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    You will never make a living doing nothing.

    It applies to anything in life.
     
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  7. Bross

    Bross Senior Member

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    The business model don't change, the strategy changes.
    A business model may be Adsens, CPA and Clickbank. And also divided into how you structure what you do; you can decide to do something else but the base is always there (SEO? PPC?), But it keeps changing and the most amazing part is that you never know where you end up.

    I recently built an eCommerce site for someone. I never even imagined 6 months ago that I'll be doing that.


     
  8. ``Yousef

    ``Yousef Power Member

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    As many have said, you can employ strategies to minimize the time spent working, but no, it can never be truly "auto-pilot", as at some stage you'll find yourself having to make decisions and changes.

    If you're looking to spend small amounts of time working by setting up your business in such a way that a large majority of the tasks can be outsourced easily, I suggest you read the book "The 4 Hour Work Week" for inspiration.

    It may not be all on point, but there's a fair bit of value to be extracted from it's pages.
     
  9. billbobi

    billbobi Regular Member

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    I set something up that was making around $300, didnt touch it or even look at it while i went to university..... 6 months later, it was still making around $150 a day!

    so the profit went down... but stil it was 6 months on complete autopilot
     
  10. farfetchedmoney

    farfetchedmoney Regular Member

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    I get it......I think some of them can't find the tools, or, the people to help them outsource. Still your answer given me clarity to their responses.

    Thanks for answering the question.
     
  11. edgematch

    edgematch Elite Member

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    Yeah, I second that...
     
  12. ostermeier

    ostermeier Newbie

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    Agreed. The biggest areas I found that I couldn't outsource were:

    • Product development
    • Sales method/funnel development - Employees seem to always stop at good enough. Also never outsource sales beyond an affiliate type program. A company that doesn't control it's own sales is making an extreme gamble.
    • Monitoring employees quality/performance - You can outsource a secret shopper, but you need to review the results.
     
  13. efwebs

    efwebs Regular Member

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    Someone needs to orchestrate the process. Otherwise, the people doing the work and managing everything would outsource you out of the equation.
     
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  14. MikeHustle

    MikeHustle Power Member

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    Depends on what kind of IM you do. There are many strategies that don't require a lot of time to manage. Often times setting up the whole automation process is the hardest things.
     
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  15. SuperLinks

    SuperLinks Elite Member

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    There ARE methods that you can fully automate stuff, but making amazing money and being completely hands free is a very tough deal.

    While on the other hand you can find a killer manager that "gets it" to overview everything and make sure that everything is still going smoothly. Like meathead said though, you still need to check in occasionally and make sure that everything is running smoothly and that the bigger vision stuff is run by you first.
     
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  16. daymond

    daymond Junior Member Premium Member

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    You can scale your work/outsource etc but mostly im will not work like push a button because internet environment is changing to fast. Of course if you have ultra unique product (you are only in the world) and there is demand for it it can work on autopilot.

    I remember a story some person told me than when xerox introduced first photocopiers and this company was only supplier the only thing sellers have to do to sell was to pick up a phone. That's it, maybe no autopilot but demand was huge and sell was easy so everything depends on environment/product etc. Some parts can be automated but the whole process would be hard.
     
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  17. sircoldfire

    sircoldfire Junior Member

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    automate as in setup once today and just cash in checks forever ... not likely

    setup so employees do the heavy lifting while you sit on a beach watching bikinis researching developments and planning strategy ... yeah definitely

    just remember this IM business has low overhead .. steep as f ckall learning curve but cheap to get into .. make sure employees see pie slices of the business and cant replicate on own and cut you out of your own game.
     
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  18. scully

    scully Junior Member

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    I read that one of the guys that works at DemandMedia (ehow.com) has an old website called essortment.com. He pretty much forgot about and neglected the Website. He says it still brings in about $2,500 a month till this day. You can Google this info.

    On another note, whether you like or hate the "4 hour Work Week" book by Tim Ferris, he does map out how to outsource and put your biz on autopilot pretty good. The book is a lil outdated but still something to think about.
     
  19. Flurbuff

    Flurbuff Regular Member

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    You can make money on autopilot.

    You can make even more money by staying active :D
     
  20. efwebs

    efwebs Regular Member

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    I made more money when I stopped working on everything and started my "day job" back up. Granted, it's just a few hundred a month from Amazon sites, but I wasn't make jack before.

    If I was smart I would make some of more of these sites to sit and forget.

    I don't know what competition will do to them in the long run though if I never touch them again.