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How many BHW Members make upwards of $500,000 a year?

Discussion in 'BlackHat Lounge' started by lolseo, Jan 20, 2014.

  1. lolseo

    lolseo Power Member

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    Hi guys,

    Im just curious has to how many people on BHW make upwards of $500,000 per year, and how feasible it is to expect to make this much,and become a millionaire via internet marketing.

    You can share your industry if you like, or keep it secret.

    Making just a few dollars from adense and affiliate marketing has got me motivated for more, and im just wondering how much the pro's and veterans make.

    Do you monetise through affiliate marketing, advertisement, do you sell your own products (e-goods or physical goods) etc.

    Thanks guys
     
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  2. oxonbeef

    oxonbeef BANNED BANNED

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    Who are you, IRS?
     
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  3. Veyron

    Veyron BANNED BANNED

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    Sure, there's plenty making 500K per year but they're not going to just come out and share their methods. SEO/IM is a billion dollar business/industry so I'll let you decided if you think there's people making that much per year.

    Veyron
     
  4. Conor

    Conor Jr. VIP Jr. VIP

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    stfrank Jr. VIP Jr. VIP

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  6. mindlesswizard

    mindlesswizard Supreme Member

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    i will be making it this year and next year i will be back to comment on your thread :D
     
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  7. FrozenSpade

    FrozenSpade Power Member

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    u really thought that you would get "i am making 500k/year" replies?
     
  8. mickyfu

    mickyfu Jr. VIP Jr. VIP Premium Member

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    I make over this every month by clicking my own adfly links.
     
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  9. fxphil

    fxphil Senior Member

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    I do not necessarily bring in that amount but keep working towards your own goal. Never giving up and changing with the current has got me pretty far.

    Industry Secret

    -Diversify
    -Innovate
    -Contribute

    Everything is literally right in front of your face, it's your job to reach out and claim your piece of the pie.

    :) 500k a year? not quite yet--- But then again it's only January :)
     
  10. Scritty

    Scritty Elite Member Premium Member

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    Not me. Having said that - if you set the bar at say 200,000 a year I bet there would be a fair number. From the meetings I go to and the SEO guys I speak to, many seem to earn between 200 and 300k - seems a huge drop off after that.

    However, I can think of good reasons why this figure is a lot lower than your 500k opening question.

    Scaling is an issue. Once I get to a certain figure, I need to scale, that normally means employing people, getting premises and going "legit". So though I might be making 500k or more, I'm not BH any more and don't visit this site

    Next is just secrecy. People won't tell you anywhere, anyhow.

    End of the day if you earn $1500 a day then you've probably gone past the value point of this forum. You want advice about hiring and firing, developing SERIOUS software maybe, getting your own office whatever - or just off enjoying yourself spending it if you've scaled up well with few overheads.

    Under $1000 a day and this place still rocks.

    Scritty
    Scritty
     
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  11. youmakeme

    youmakeme Power Member

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    Those who are making that amount won't be bothered to spend their time on BHW.
     
  12. funkybunker

    funkybunker Supreme Member

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    Nicely put Scritty, haven't seen you around recently.

    OP; I will earn that soon, in the meantime I help others earn that instead which is still an amazing feeling. Don't ever underestimate the influence of Art.
     
  13. MafiaBoss

    MafiaBoss Elite Member

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  14. fxphil

    fxphil Senior Member

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    That is ridiculous! Do not listen to this guy/girl/Neophyte. There are plenty of reasons why WE use this forum. I use it for many things such as evaluating G's next big push. If something gets too hot here G will fix it on the front end. I also use it for integrating new techniques and for trial purposes. I, like a few others also enjoy helping other sites make it and in the end it helps build connections.

     
    Last edited: Jan 20, 2014
  15. mickyfu

    mickyfu Jr. VIP Jr. VIP Premium Member

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    These days there are these magic things called tablets, which allow people to fuck around on the internet whilst doing other things.
     
  16. bk071

    bk071 Jr. Executive VIP Jr. VIP Premium Member

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    I don't make that much but if I did, I'm sure I wouldn't go around forums telling people about it.
     
  17. Gyuman82

    Gyuman82 Jr. VIP Jr. VIP Premium Member

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    Yeah pretty much sums it up. :)
     
    Last edited: Jan 20, 2014
  18. umerjutt00

    umerjutt00 Jr. VIP Jr. VIP Premium Member

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  19. tony_d

    tony_d Elite Member

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    The problem with that question, OP, is that anyone who answers in the affirmative is almost definitely not telling the truth and therefore is of no use to you, whilst those who should be answering in the affirmative choose not to answer at all, also being of no use to you :)

    So I hate to point it out, but either way, the response or non-response to your question is of no use to you!

    I think Scritty is about as right as one can be on the matter... I think BHW is in the most part quite useful for people who are operationally actually doing SEO. If you're running a business, whether IM or other, with a nett of >$500k/yr chances are you're not spending much time on operational tasks, and if by chance you are, you're certainly getting close to the ceiling of your earning ability under that operating model.

    That said, on my current figures I could do around $1.6m nett/yr as a 'one man operation' with the few virtual staff I have now. I'm not doing that, but that's my maximum operating capacity under my current model with no 'real' employees or 'legit' operation. Beyond that, one moves into a totally different operating model, with middle management and segregated business units and staff with stand-alone roles, and then you go through that horrible phase of having all the 'big business expenses' like management and significant other fixed overhead, without having the 'big business revenue' because you haven't yet built it because you haven't, until that point, been able to operationally deliver the volume of service/widgets that's required to get that revenue - and it's that transition period where most die... To move through that phase fast requires razor-sharp planning and execution, and plenty of capital, and if I were to theorize on what specifically causes failures 'generally' in that phase, it would be business owners/managers over-estimating their ability to execute their plan, and under-estimating their cash burn. And, realizing this isn't a Wharton school MBA forum, I'll stop my rambling now :p
     
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  20. ardley216

    ardley216 Elite Member

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    Who's guna be boasting on forums I earn TONS of cash?! I might as well say I'm Jesus.