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Is the reason why some people make very little money online is because they don't invest?

Discussion in 'Making Money' started by fitforthis35, Mar 16, 2015.

  1. fitforthis35

    fitforthis35 Newbie

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    Hi all I am trying to get the hang of internet marketing and reading this forum helps a great deal. I notice people seeing monetary results with investments such as bots, fiverr gigs to promote their products, proxies, scrapebox, solo ads, and plenty other handy tools. Is this the key to making a decent income online? Should you invest and then press your luck with your purchase? Can you make fair money online with very little investment? Just curious everyone. Thanks for your reply.
     
  2. dgusic

    dgusic Regular Member

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    Altough I am a newbie in this whole IM stuff, I believe it is possible to make money, but the amount of time and effort to pull something off has to be enourmous. For example I invested $15 (for domain and hosting) and I am trying to get visitors by spamming Twitter, Facebook and variety of social network.

    Usually, it is the more money you invest (wisely) the more you will make. :)

    Hope I helped!
     
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  3. Zwielicht

    Zwielicht Moderator Staff Member Moderator Jr. VIP

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    There are a multitude of reasons why people don't make money online with some of the most common reasons being:

    • They're lazy. That's it. They want to be "rich", but they don't want to put in any effort.
    • They give up too quickly. Some people give up before they find a good niche or a subset of Internet marketing that they enjoy. This is always unfortunate, especially if they were weren't too motivated to begin with. Speaking of motivation...
    • They aren't motivated. This can be caused by many things such as unsupportive relatives or a lack of income.
    • They're scared to take any calculated risks. This last reason in particular is interesting as starting an Internet marketing business, or any business for that matter, is seen as a "risk" by the general public, especially if you don't follow the traditional conveyor belt lifestyle of "high school>college>'real job'>retirement". Unfortunately, once some new Internet marketers comes to a point where they have to take a risk, they may just abandon their business and retreat back to their conveyor belt.
     
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    Last edited: Mar 16, 2015
  4. accelerator_dd

    accelerator_dd Jr. VIP Jr. VIP

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    You can start from scratch and build up to big operations, but there is a point where if you don't start investing it will just make growing more challenging.

    You find what works and then work a plan of scaling it (which usually involves tools, resources, outsourcers).
     
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  5. everydayimhustling

    everydayimhustling Regular Member

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    To answer your question quickly i think i have to say that to make money online or offline you have to invest
    not necessarily money but at least time or effort .. when you invest money you save time on certain things but then again you probably put time into making the money you invested in the first place.. i got confused. bottom line you have to invest people who are expecting to make money online without putting in any money or any time or any effort are not going to make money online

    unless they have paypal money generator which i wish i had
     
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  6. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    You either get by, by putting money or hours in. I guess if you put neither in, you are not going to get far.
     
  7. Tim_A

    Tim_A Newbie

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    I found for me the difference between making a bit of money and a lot of money was outsourcing. I realised I couldn't do all the work myself if I wanted to scale, so started to outsource site structures, content creation and link building etc.

    It was actually very hard for me to do as I'm a bit of a control freak lol
     
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  8. erickishere

    erickishere Elite Member

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    "You have to spend money to make money"
     
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  9. GroundUp

    GroundUp Regular Member

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    For me it's planning. Yes you may need to invest. But I see so many noobs buy a domain or proxies or a software or whatever and then ask what next. Plan out your method or business. Every single detail. That way you know exactly what your investment is going to get you.

    There are methods to start out with and if you just commit a shit load of time you can make money. But investments certainly speed it all up.
     
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  10. fitforthis35

    fitforthis35 Newbie

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    Thanks guys this is all very helpful. Its good to get positive feedback from this forum and also knowing that you guys know your stuff helps a ton.
     
  11. rabbitking

    rabbitking Elite Member

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    Here's the deal OP...
    If you have very little investment capital then you have to leverage your skills and time to make the required money to
    move up. MMO is an overused and inaccurate term to describe what you actually have to do to generate success online.

    So you start with skills and labor until your liquidity builds enough where you can focus more on ideas and less on implementing
    them through your hands only. You set up a structure and business process for implementing those ideas. All of that requires
    money and you are going to need plenty of it.

    You can start generating money online without any cash, but you will need to be able to offer the industry something in return
    for monetary gain. The internet (in opposition to WSO's) isn't some magical escape from reality where you can make money
    out of thin air or with a shiny "method" .... No sir, just like with a brick and mortar business if you really want to make it then
    it requires a ton of work and patience.

    Generally speaking people would be better off getting a job at McDonalds for 3 months and saving up some money instead of
    bumping along with piss taker methods, then return to IM and learn to invest your money properly. Chasing ideas and methods
    usually leads to a long time of no foundation building for your business model.

    Anyway, good luck to you OP.
     
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  12. danielgb123

    danielgb123 Regular Member

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    Here are my top 3 tips to making money online:

    Invest: Yep, you're right. Whilst you don't need money to make money - it makes it a shit load easier. There's two parts to this point, however. One is actually getting a budget together that you can afford to experiment with, the other is developing the courage to actually invest your money. So many people are afraid to buy that $50 tool you need, or purchase that $300 coaching session with a mentor that will skyrocket your conversions. They key is to spend smart; and once something works, scale and enjoy the ROI.

    Think Short Term: That's right, short term. Don't think big picture, don't think long term, approach everything step by step. You aren't going to make $100k with the click of a button. Ten steps might make you $1, a hundred steps might make you $10, a thousand $100 and so on. Take everything step by step and start taking all those small steps which amount to your long term vision. You aren't going to make $10k a month before you make $100 a day. This was one step vital to my success. I used to think big picture too much, I used to spend time imagining and day dreaming what my product/site would be like once it had hundreds of active members. Once you have that first member, do everything possible to continue replicating that same method of acquisition and build on it.

    Step Three: Stick to it. I have people message me on Skype looking for a spoon feed. I often offer it to them. A couple of days pass by and they come back saying they wasted $50 on advertising and saw no results - they want to try something else. Exhaust every single work around to a money making idea before you decide there's no money in it. Keep trying new things, find new ways to enter your potential customers minds, find different keywords to target, use different link building techniques, etc. Stick to what you're doing and make gradual steps - diversify, scale and enjoy.
     
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    Last edited: Mar 16, 2015
  13. royserpa

    royserpa Jr. VIP Jr. VIP Premium Member

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    As someone that started his IM career with only $60 in his paypal account 3 years ago and as someone that is making 10k a month, i have to say that yes you can make a lot of money from something small.

    The key is to scale whatever you are doing.

    A lot of offline businesses just focus on keeping the same earnings instead of growing, which is key to be successful :)
     
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    Last edited: Mar 16, 2015
  14. sikandar

    sikandar Senior Member

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    When it comes to going for a job, most people are willing to spend 4 years at university to get the necessary knowledge, but it is ironic that when they want to go for Internet marketing, they wish to get results immediately. Most of them are not even willing to invest time in getting necessary skills.

    So, I'd advise to first get good skills in content writing, basic SEO and SMM skills. You'd need to invest in a few domains and hosting to learn and hone the skills. You should also become a member of good IM forums like this one and start participating there. Once you have a fair command over a few skills, you can start selling your services. That way you can start without much investment.
     
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    Last edited: Mar 16, 2015
  15. Zwielicht

    Zwielicht Moderator Staff Member Moderator Jr. VIP

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    Internet marketing requires you to be autodidactic to an extent; you need to be able to set aside time to teach yourself some of these skills if you want to succeed. In addition to that, there's a level of uncertainty in Internet marketing that deters people away from it. On the other hand, the university system is viewed as "tried-and-true", so more people feel comfortable spending 2-8 years for a degree (or 12 years for an associates if you're my lazy uncle) since they falsely believe that there is no risk associated with it.

    I'm going to stop myself right here before I get into another "anti-university" rant, I'm already flooding Black Hat World with these types of posts! :detective
    Code:
    [URL]http://www.blackhatworld.com/blackhat-seo/blackhat-lounge/709924-current-education-system.html[/URL]
    [URL]http://www.blackhatworld.com/blackhat-seo/blackhat-lounge/602409-has-anyone-ever-told-you-get-real-job.html[/URL]
    [URL]http://www.blackhatworld.com/blackhat-seo/hire-freelancer/739202-need-paper-done-biology-class-20-a.html#post7636911[/URL]
    [URL]http://www.blackhatworld.com/blackhat-seo/blackhat-lounge/705878-im-going-leave-college-shame.html#post7238966[/URL]
    [URL]http://www.blackhatworld.com/blackhat-seo/blackhat-lounge/718546-screw-college-post7390577.html#post7390577[/URL]
    [URL]http://www.blackhatworld.com/blackhat-seo/ebay/602511-going-college-even-worth-anymore.html#post5998278[/URL]
     
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  16. narkom

    narkom Registered Member

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    You can make money online if you know what you're doing. If you want to pursue Internet Marketing then you need to invest on the learning process and make sure that you understand the ins and outs of this business before you go through it. Just like in traditional business you need to spend money and effort to make your business grow. Although there are other means of earning money online without initial monetary investment such as offering writing services, blogging and the likes, you still need to master your craft and by mastering it means spending time and even money to learn.
     
  17. Brannan

    Brannan Regular Member

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    My first investment on my idea was 5000$ which i turned into 30000$ in just three months. And tomorrow im about to invest 20000$ which im hoping to turn into 180000$ before the summer :) So with a good idea, control on what you will need to do to make it successful, yes investment do pay off :)
     
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  18. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

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    They have no idea what they're doing.


    Step1: doing method
    Step2: MAGIC!



    based on my experience.
     
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  19. tonybao

    tonybao Power Member Premium Member

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    Yes, you can do it but you'll need time to do many method and then you'll be Ok. Do not give up .

    Good luck !
     
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  20. SensualTyrannosaurus

    SensualTyrannosaurus Jr. VIP Jr. VIP

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    That's a famntastic roi! Hope it works out well. Then you can buy a Ferrari cash and laugh all the way home.