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Do you have to be smarter than average to be in this biz?

Discussion in 'Making Money' started by gscan, Dec 1, 2010.

  1. gscan

    gscan Newbie

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    I've been trying to make money online for about 2 years now, and have made very little profit (a few dollars, maybe). I started out with a field I was interested in, which is computers/technology but the niche is so competitive, no matter how much I SEO with unique content written by yours truly, I cannot compete with the larger sites. Though I love computers, this does not mean I am 1337 at it. I mean, I can read most code like C, x86 ASM, Lisp (only Scheme actually), Perl, Python, web languages like PHP, etc. but I am absolutely HORRID at writing code.

    On top of that, I have not much money to start with. I work a minimum wage ($7.25/hr) 9-to-5 grind in NYC where the rent for a 0br studio is near-ridiculous (if I don't want to live in a shitty area where I constantly fear for my life) so I'm always looking to cut down on costs, like $1 a month webhosting. I considered running a site from home once, but realized I didn't have the finances to buy 2 IPs for my DNS servers (unless I didn't want to show up in search engines).

    I try to move into niches I totally have no interest in, even though it's boring as hell, but studying each field and topic of these is hard to learn for me, especially because it's not interesting, but i have to because I need to get into the mindset of people who are. I fail at picking niches though, so none of it worked out.

    I realized that people that profit on the internet full-time must be very smart and clever, unlike myself...I can try to be original, but I can't think of anything, like when someone comes out with their own idea I know that I would have never been able to think of that.

    I'm currently looking to just replace my dumb job with online work, so working 8 hours a day online for the same wage I make now wouldn't be a problem, but I'm having a hard time convincing myself that I can do this after I'm failing all this time. Is the internet really a stable way to consistently make money in order to replace one's regular daytime job? Because that's what I'm looking to do, but if it isn't feasible for the "average joe" then I might just stick with my McJob.

    I'm not sure if my problem is that I have almost literally $0 to begin with, or if it's my attitude, or if it's just that I was born to have limited brain function in my adult years.

    Do you guys have any tips/suggestions based on my failures? I don't want to keep trying for years to come and keep failing because that's just a waste of time, so that's what worries me...
     
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  2. iseegreen

    iseegreen Power Member

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    well you can make money online everyday but you have to actually do it.

    and also you needstools to help you otherwise your money making will always be small.

    if you dont have a shared hostgator plan - 20-30 domains

    scrapebox - market samurai

    and also have a cpa account ready to go

    then you better be sticking to your day job.
     
  3. JuliaG1

    JuliaG1 Regular Member

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    Be creative and think of internet marketing as a circle and you are a line trying to get from the centre to the edge. If you continue to branch out into different things you will never make it anywhere concentrate and get to the edge one thing at a time.
     
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  4. mobileman

    mobileman Newbie

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    Julia, I like that, to be truly productive, it is all about focus...

    i should get off of here and get back to work, lol
     
  5. Gibbzee

    Gibbzee Regular Member

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    You don't need much money to start with. I made my first money without any investment at all, it wasn't loads but it was enough for me to buy hosting for a year, domains and scrapebox etc. Just start small and keep building.

    You probably aren't going to make much money if you have no interest in what you are doing, just pick niches that are interesting to you. I'm sure there must be other stuff you are interested in than computers/technology!?

    There is a ridiculous amount of different methods just on this forum, so check a few out and i'm sure you'll find something that interests you.
     
  6. hennessy

    hennessy Registered Member

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    Not necessarily smarter than average, but creative. Be ready to work hard as it doesn't come easy and be ready to fail and fail hard. Learn from your mistakes.

    There's something that plagues most of the internet marketers I see and that's centration.
    (From Wikipedia) Centration is the tendency to focus on one aspect of a situation and neglect others.

    People are too narrow-minded. It's alright to read a method and implement that into your own campaigns but what people think is that they have to implement it word for word. This, more often than not, sets you up for failure and waste of time/resources. Not to mention it gets your hopes up.

    Take a posted method, if you must, and spin it. Think of other possible things you can advertise other than what is shown. Cliche but think outside the box!

    I see a lot of younger entrepreneurs do well- Why? They still have their imagination and creativity. As we get older we really do start to lose our imagination. Not to say everyone does or you can't gain it back but for some people, it requires a lot more effort.

    I blame "gurus" for the misconception that IM is easy and can earn you big money in an hour of work a week. At the start you need to put a lot of work into IM. It really should be treated as a normal job.

    Good luck to you. There are a lot of free ways to earn so don't worry about having no startup cash.
     
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  7. MKelly

    MKelly Regular Member

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    I'd say that once I got deep into the keyword research game is where I started making worthwhile money.

    Go out and find a couple of golden keywords, with 15,000 + exact searches that have an exact match domain available, add relevant hand written content, build plenty of article pages linking to your site, then bolster those links with links, then those links with links.

    That is exactly what I do, this week I registered two domains like that for the 9.99 reg fee, built some content out and am now working on backlinks, only a matter of time before I'm top three and my earnings will increase.

    I've been doing this IM game since february this year and have a site ranking 1 for a popular term, plus other various sites ranking for keywords, and making money every day.

    Don't give up!
     
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  8. scubasteve

    scubasteve Junior Member

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    Nah, you just have to sneakier than others.
     
  9. gscan

    gscan Newbie

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    So I guess most people would agree that creativity is probably the #1 key to being successful in this field. Like I said in my original post, I have no problem working 8 hours a day, but even with 10 hour research days, 7 days a week, it seems if I am not creative then I cannot use this information I've studied to even make minimum wage. My goal for the past couple years has been to make about $800 a month, which is what I currently make on average. But I believe this is why I fail at programming as well - the ability to think "outside the box" and lack of creativity. I have no idea if creativity is something that can be taught or learned, but I know that I haven't had much of it throughout my life; I've been mostly a very literal robot who can do exactly what he's told, but that's it. If I'm not given exact instructions then I'm totally lost. You tell me to wash a car, I will not use soap because I haven't strictly been told to, even though to most people it would make sense...anyway, I tried to promise myself I would not make excuses. I will do my best, but I think I need to make a point where it'd be smarter to give up and not invest everything just to go to waste.
     
  10. bakxos

    bakxos Regular Member

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    Depends how you define "being smart". Unfortunately, you can be succesful even if you are not smart but if you are a bit scammy too.

    In any case, in order to be successfull in every business, you need to stand out of the crowd and be able to do that for a long long time.
     
  11. Didcot

    Didcot BANNED BANNED

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    I'd suggest just setting up a blog and writing about your daily grind. You write really well and it's got a chuckle factor. I'm sure if you can entertain folk they'd come back.
     
    Last edited: Dec 1, 2010
  12. Hunwarrior

    Hunwarrior Jr. VIP Jr. VIP Premium Member

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    you are trying to make money online for 2 years now.... never made money apart from the few $ , as you said.

    And now you wanna quit your job, and make living online.

    ARE YOU INSANE????

    Go back to McDonalds, and try to go up the ladder there. ( NO SARCASM!!)
     
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  13. M1ndfluX

    M1ndfluX Senior Member

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    You don't have to be smarter then average, just smarter then your competition...
     
  14. greentitanium

    greentitanium Senior Member

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    OP
    i read your post and you said you can do a few things but i didnt see anything you can offer. if you can read code then you really cant code.

    WHAT CAN YOU ACTUALLY DO?
    i suggest 2 things. Find a niche you want to get into and find something you can exploit while you start to do the other.

    There is one simple thing to making money when you break it all down.
    TRAFFIC. its not the cpa offers, the adsense, or anything else you have to figure out how it works. its obtaining traffic. if you have traffic you can make money on accident. think of the ways to get traffic.
    search engines, 2.0 sites like myspace, youtube, etc
    once you have figured that out then you can figure out what kind of traffic you will have and customize what you are going to do with it!

    id suggest keeping your job regardless, even if you work a couple days a week part time ... its nice to get out of the house sometimes.

    UMMMMM how are you living in NYC, in a part of the city that is 'safe', on min wage??
    c'mon
     
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  15. jesdon2

    jesdon2 Junior Member

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    In my several years of doing this, and doing it relatively successfully I have found that the two most important factors are common sense and dedication.

    Creativity is not a must for this business, I would guess that 90% of successful marketers make their money by simply following in someone elses foot prints. Find someone that is doing well, and copy their business structure. It can be as simple as that.

    Creativity helps if you want to set out in your own direction but it is not needed. Intelligence is always a good thing to have, but again, I have met some people online that were dumber than a box of rocks and still making a living at it. If you are dedicated to the business and the opportunity and you are willing to put in the time, you can make it.

    In regards to staying in niches that you like, if you can then great, but I find that whole write about things you like talk to be crap. What I like is, money, seo, new challenges and running my own business, which means that the niches don't matter. Keep launching new projects and find aspects of the business that you do enjoy.

    Some of my most successful websites are on topics that not only do I dislike, I don't know anything about them. I was just able to bull**it my way through to make the money and from there I move on to a new niche, a new topic and more money.

    Would you rather sit at home on your own schedule and write about grill covers or get up every morning and go to work for some dickhead boss that pays you next to nothing for working your tail off? If you choose the latter than this business is not for you, but if you choose working from home then pursue it and don't worry about the little things.
     
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  16. bertbaby

    bertbaby Elite Member

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    As they say don't quit your day job just yet. Look you have to be smarter than most but not by a lot to succeed. It's more a matter of energy and consistency and that is probably what is lacking in your prior efforts. Get some wins under your belt and then quit that crappy job!
     
  17. HeroWillDrown

    HeroWillDrown Junior Member

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    I'm probably repeating this over and over again, but the simple rule is very very simple: Take Action!

    That's it. That's what worked for me after the long years of trying, and when you actually take action and somewhat failed, do not ever give up. There's no magic button, it's a numbers game. Good luck.
     
  18. polocolto

    polocolto Regular Member

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    There's nothing to do with being smart. There are lots of retards making money online. I myself know one guy that is outranking me on a very good keyword because he started 5 years ago and i found this keyword 2 months ago. I plan to outrank him soon, but he is there for 5 years.

    Creativity is overrated. You just have to copy those that are already making money.
     
  19. sargerevenge

    sargerevenge Newbie

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    Heres a thought for you, sell the shovels to the gold diggers. During the gold rush the people who sold shovels became far wealthier than 99 percent of the gold diggers. In other words, write articles, spinning services, scrapebox autoapprove/******** lists, there are tons of people out there who will gobble this stuff up.
     
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  20. bilbo

    bilbo Power Member

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    Well if you just said it then - you have to be "smart" not clever. being "creative" is being smart and not clever ( thinking on your feet ). Also if you are copying those who are making money, again that is being smart and creative. "retards", and there are lots of then tend to be smart but not clever.
    There is a distinction between them.