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Become a Millionaire in 1 Year

Discussion in 'Making Money' started by The One, Jul 12, 2010.

  1. The One

    The One Newbie

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    Hi guys, this is my first share on BHW and I have been reading this forum for about 2 weeks now and I noticed that there are a lot less successful people than successful, but I see that the unsuccessful ones still seem to stay attached to this forum and continue to research and strive for success and that inspires me. I just want to shine a little light on what I think is the fastest way to become a millionaire and my personal formula. Before I continue, for the people new to internet marketing I want you guys to think as though you?re already successful and be confident in yourself. If you need more guidance into where I'm going with this, I'm referring to the law of attraction because it has truly changed my life. Watch the secret if you have no idea what I'm talking about. Ok so let?s get back to my formula and business model.

    Sorry if this is nothing new to you for your experienced Im'ers, but this is just my opinion on the most profitable business model. Basically creating your own niche info product, marketing it the right way, and furthering your profit by creating backend and automated sales funnels, such as up sells, encouraging other products and what not.

    I'll break it down from here into detail so you guys can follow it:

    1) Find a niche market using keyword tools such as micro niche finder, market samurai, or any others. Find a niche market/keyword of at least 20,000 searches per month and with little or without competition.

    2) Research the market and find out the problems they are having. Make sure the market is desperate or really needy of their problem to be solved.

    3) Create a quality product that will solve the consumer?s needs. I usually make information products teaching them how to do something and solve their problem or if you want you can take the other route and solve their problem for them instead of teaching them how to.

    4) Buy a domain from GoDaddy that is keyword related to your market or product name. Try to make your domain keyword rich and have it included ion the domain name.

    5) Create a video squeeze template or grab a template from the BHW

    6) Your going to make 3 videos and upload them to your video squeeze page. In the first video you will tell them that you have a free video for them that will solve their problem, but they have to put their email and name in below so you know where to send it. Make sure your heading is very attractive like, "Video Reveals How to make $10,000 in 60 days!" This will be your intro video.

    7) In the second video talk about their problem descriptively and explain the solutions briefly without talking about your product. At the end of the video give them a free report or anything free, so that they gain trust in you. This is crucial because once you have done that, subconsciously they feel they have to repay you because you helped them. Also, you have moved them forward a bit by giving them somewhat of a solution, and they want you to help them walk the rest of the way out the cage they?re in. This will be your information video.

    8) In the third video will be the sales pitch video. Talk about their problems and try to make them feel the pain, then talk about what it would be like to have that problem solved and how good it would be. After, bring up your product and tell them how it could benefit them and all the contents of it. When showing them the price, show them a higher price first, and then your actual price to make them feel as though you?re giving them a good deal. Then I want you to throw in a bonus if they make the purchase, and state that the price and bonus will be for a limited time to create fear and make them want it right away.

    8) After all the videos are made upload them to the pages.

    9) Set-up an email responder, I recommend Aweber because I use it personally but there are others like Get Response and iContact.

    10) Add your opt-in code in the intro video page.

    11) Set up the auto-responder so it email them the other 2 videos one day after each video. I know it may seem long to get the sale, but this way you take it slow, and the method converts a lot more than give it to them all at once.

    12) Set Up a PayPal account and add buttons so they can purchase your product or sell it via Click Bank so you can also get affiliates. If not, purchase a merchant account.

    13) Create the same product you made and split it into 16-24 weeks of information. This will be our continuity program for the people who didn't buy your product.

    14) Create an eBook that can further serve the market. This will be sold to the people that already bought your product as an up-sell.

    15) Then create the product into a hard copy audio CD or Video DVD form that could be shipped. This will be sold to people who signed up to the continuity program and people that bought the product.

    16) Create sales page for the continuity program making the main deal that they get the first month for $1.00

    17) Create a sales page for the eBook making it half the price of the main product.

    18) Create the sales page for the hard copy products; you can choose the price depending on how much you?re charging for your product.

    19) Set up another auto-responder message so that it send them a message after the purchase your main product telling them to visit the eBook sales page.

    20) Then set up another auto-responder message 2 weeks later sending them to the hard copy sales page.

    21) Send an auto-responder message to the people that never bought your product 1 week later introducing them to your continuity sales page.

    22) Set up an auto-responder message to send the people who purchase your continuity program to your eBook sales page after they sign up for your program.

    23) Then, set up an auto-responder message to send the people who signed up for your continuity program introducing them to your hard copy sales page.

    24) Once all your auto responders are set up, it?s time to drive traffic. I usually just do some keyword research using market samurai and Google?s keyword external tool and do some PPC Marketing. But, you can always use your SEO skills to rank your site to the first page.

    25) Pay for some ad space on popular blogs and forums your target market is active on. If possible, attempt to get a JV with the site owner because it will convert a lot better.

    26) Get some affiliates by going on affiliate forums and what not.

    27) Use Click Bank to get affiliates by registering on the site as a merchant. Then make 10 accounts, and buy your product several times on those different accounts to increase the gravity. Also, for the first month give a 75% sale profit and lower it to 65%-50% after a couple months.

    Once you have completed all 27 steps simply watch the money roll in. Then find different niches and use this exact same formula for each niche it seems to work like a charm if applied correctly. This is pretty rough off of the top of my head so if I feel like I left anything out ill edit it in.

    Creating your own product truly makes your dreams come true like for example. For one of my niches, there was about 200,000 searches monthly (I got lucky finding this untapped market) and basically I get about 30,000-50,000 ultra targeted site visitors a month (just by choosing the buying keywords). Any 70%-80% of the people who go on my site purchase either the product or end up buying the continuity program. That means for that site, its making me at least $800,000 per month. Let me remind you I got very lucky finding this niche. This is why I also incorporate the law of attraction with my business. Other normal niches of around 20,000 monthly searches make me over $100,000 per month. Getting the right niche is key as well as thinking big and being confident about it. Your dreams aren't that far away and I hope I just got you a little bit closer to them. Please apply this and don't procrastinate if your still looking for the right business model to suite you.

    To Our Success in the Coming Years...
     
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  2. aeLED

    aeLED BANNED BANNED

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    i just read the step one and two, i dont know but, the first 2 its too dificult to find dude... lol but yes, you can find them... ;)
     
  3. The One

    The One Newbie

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    It may be hard but its worth it for the end result, you can find niche ideas on click bank or just being creative, if you really want it the ideas will pop up in your head.
     
  4. tygrus

    tygrus Supreme Member

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    Stop at number 1, create a blog posting with adsense, backlink it. Skip the rest.
     
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  5. aeLED

    aeLED BANNED BANNED

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    Thats true...you find a good niche its all, the next everyone knows.
     
  6. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    So you're telling me you make $800k a month from one site? It's really not as simple as you make it sound lol.
     
  7. The One

    The One Newbie

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    its not simple, to be honest i got very very lucky finding that niche, it was pretty unique and was a hard product to make and was the first time i formed the formula, but the hard work converted into my dreams. If your not willing to work hard for dreams why bother trying at all. I blame the law of attraction for me even finding that niche, because its quite ironic how i found it
     
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  8. MaxWeber

    MaxWeber Regular Member

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    Is this a prequel to your new IM course
    "27 steps to a million dollars?"
    good info and well put together. well done.
     
  9. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Who do you use to accept payments for your product?
     
  10. goingreen

    goingreen Regular Member

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    this is really complicated for beginners, but from my experiences so far your method makes alot of sense. Theres obviously alot of details from a-z but is extremely relevant. thanks for the share
     
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    Last edited: Jul 12, 2010
  11. mmmonkey

    mmmonkey Newbie

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    thanks for this post!

    ive had an idea on the backburner for awile and you just got me motivated!

    btw im canadian also, just wondering how taxes work out when your making cash like that? Do you just pay at the end of the year or do you have to do quarterly... Just the interest on your income would be a fortune!
     
    Last edited: Jul 12, 2010
  12. 55opotty

    55opotty Newbie

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    lol. a guy doing 800k a month is wasting his time in blackhatworld.com... lol... is it a bunch of thanks that you want?
     
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  13. mudbutt

    mudbutt Jr. Executive VIP Jr. VIP Premium Member

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    thanks for the step by step, even though I doubt you make 800k a month. but hey thats just me!
     
  14. The One

    The One Newbie

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    Is this a prequel to your new IM course "27 steps to a million dollars? No lol but that would be a good idea, but the money making market is too saturated so i rather share it for free :D I use 2checkout to accept payments, its a great service. And to 55opotty, im not wasting my time, I'm trying to help others, and expand my knowledge because you're never too smart to learn more and improve your business.
     
  15. catapult copy

    catapult copy Registered Member

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    On the contary a guy doing 800k mth is actually in a goldmine on this forum. Why? Because there are thousands of really great idea's on this forum and you only need to take one and you are away. Having the coin to do it make it a whole lot easier to outsource everything.

    I often get idea's right off this forum when consulting for large corperate companies, all I need to do is translate it over to that industry...

    [The One] Great share! Don't overlook it's simplicity. Simple works best. Even in highly competitive niche it is still possible to bank a lot of coin, you just have to strategically position yourself in the market.
     
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  16. The One

    The One Newbie

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    And for others thinking its too much to be making off of one site that's another mistake your making, you need to think big or you wont grow it. Hopefully another BHW member can compare to a high profit, from one of their niches to give you some inspiration. Btw, my 800k is partnered with one of my close friends, so i only bring in half of it myself. To get remember you have to give so experienced members if you want, dont just thank me, but help some others reading this thread as well :)
     
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  17. The One

    The One Newbie

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    Spoken like a true successful person
     
  18. namso

    namso Registered Member

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    So you sell biz op stuff?
     
  19. farfetchedmoney

    farfetchedmoney Regular Member

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    I got stuck at Law Of Attraction part. :confused:
     
  20. The One

    The One Newbie

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    lol search the secret on google or on youtube. If you haven't heard of it i strongly reccomend you get really fond of it. If you are im simply saying to apply it and stay confident about your results after applying the formula