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Making Money Online: It All Starts With YOU. (Not Methods. Not Google. YOU.)

Discussion in 'Making Money' started by t0mmy, Jun 9, 2015.

  1. t0mmy

    t0mmy Jr. Executive VIP Jr. VIP

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    Making Money Online: It All Starts With YOU. (Not Methods. Not Google. YOU.)

    I have been on this forum for a while now and there is one thing that never fails.. at least a couple times every day someone posts a thread asking how to make money. Some want to make $5 per day, some have higher goals at $10 per day (that was sarcasm for those wondering) and then some want to know how to make $5,000 within 30 days to pay for some important medical procedure..

    I'm not knocking small goals like $5 or $10 per day. Everyone has to start somewhere but I wanted to start a thread that talks about what it takes to actually reach your goals.

    It doesn't matter if you want to make $5 per day to fuel your video game obsession or if you want to make $10,000 per month to support your family.. it all starts with YOU.

    So many threads ask for methods, for secrets, for the easy way out. Unless you have the activation key for the PayPal monkey generator you will find that there aren't any magic secrets to fill your bank account with money.

    I want this post to become a place where every noob can get a serious dose of reality. This same info will work for a kid in high school that wants extra money for video games and going out with friends on the weekends or for a man in his 30's that wants to start earning money online and has a family to support.


    DISCLAIMER: THIS IS NOT EASY.

    Seriously. You have to know from the start that making money online is hard in the beginning. You need a steady source of income to stay above water and to invest in your online ventures.

    So, for anyone that has $0 in their bank and has bills coming up due I want to give you this real advise: GO GET A REAL JOB. Seriously, you will have so much trouble if you don't have a little nest egg to work with and have your bills covered. The majority of people fail because they jump in at the wrong time.

    Making money online isn't something you try to make it in when times are bad. You are setting up yourself for failure. Trust me.. get a job with a steady paycheck and devote your time away from work to making money online.

    So many people associate online money with easy money. That is so far from the truth. It's hard. Very fucking hard!

    If you are serious about making money online follow these guide lines. It's just my opinion and nothing is set in stone here.. but I feel like I have been around long enough and have had enough success online to be able to give my 2 cents at least. My goal is for some noobs to see this and see what it really takes.

    So many "make money online" blogs make it seem easy. Why? Because they want the noobs to sign up for their hosting affiliate offers and WP theme affiliate offers.. and buy all of their MMO affiliate products. It's such a cock fest.. all these self proclaimed gurus telling noobs they can make millions online with just a hosting account (that pays them a nice commission)..

    Fuck those gurus (that are really broke muppits) and their false claims. This is the reality of making money online..


    You Need Money to Make Money

    The gurus will tell you that you can start making money virtually over night if you just get some traffic to your website and start ringing in affiliate sales. It's that easy, right? WRONG. Again.. they are just trying to sell you their product or get you to sign up for hosting through them. (Sadly even the most "elite" <more sarcasm> gurus come to BHW to spit their BS just to get hosting affiliate signups).

    The CPA and affiliate marketing space is crowded. There are so many people trying to make money. 80% of them don't stand a chance. Who makes all the money? Those that have money to spend and invest. They are the ones that have the coin to invest in proper SEO and control the top of the PPC results. They are also spending crazy money on Facebook ads and every other traffic source that produces results. They have money to test the shit out of ads, banners, and traffic sources.

    So many people will post a thread stating they have $50 to invest in PPC. Stop.. save your money. That $50 will buy you dinner for a few nights.

    Understanding that you need money to make money is the first step.


    You Can't Spread Yourself Too Thin

    We see it all the time on the forum.. people are trying to build an authority site and monetize it with AdSense one minute then the next day they are asking about building a clickbank review website and then a few days later they want to build Instagram accounts. Enthusiasm is great and wanting to venture into many different areas is a nice goal.. but it isn't practical. And if you spread yourself too thin you are going to fail.

    In the beginning you need to pick one thing to focus on and spend all your time learning everything you can about it.. whether it's building a blog and monetizing it with CPA offers and AdSense, or running CPA offers using paid traffic sources.

    Find one thing that you are interested in and stick to it. Don't bounce around between several different things. You have to dedicate all of your time and focus on one project at a time, especially in the beginning.

    Look at the best IMers in the game.. they are experts in one area usually. That is how they become so successful. They aren't all over the place trying to do it all. They master one thing and continue to evolve with it.


    You Can't Expect Instant Results

    This one kills me and it's amazing how many people expect to make money overnight or even in their first month. I blame a lot of the guru crap that is online. They want their sheep followers to think that they can make $100K a year and drive an exotic car if they just buy their $47 eBook.

    If you spend some time to get to know some of the experienced members on BHW you will know that they failed more times than they succeeded. Some didn't start to make money for several months.. but they knew if they kept learning and kept moving forward they would eventually find success.

    This also goes back to the first point I made about needing money to make money. In the beginning your regular job is in place to pay your bills and support your family while you learn IM. If you don't have that safety net the stress will cause you to panic and make bad choices. When you have that job and you know your bills are covered you can learn and suck in info at your own pace. Of course everyone wants to make money online ASAP but that's not how it works. You need to learn, read and figure it out at your own pace. With your bills covered you don't NEED instant results.. allowing you to figure it out at a pace that is comfortable and will allow you to actually figure it out.

    [​IMG]


    You Can't Give Up Easy

    I bet if you took 5 minutes you could find a thread within the last week where someone is complaining that a particular method doesn't work. How many times have you heard...

    "PPC sucks.. it doesn't work!"
    "SEO is dead.. it doesn't work!"
    "Affiliate marketing is dead.. it doesn't work!"
    "Email marketing is dead.. it doesn't work!"

    You get the picture..

    Why do these people say that something doesn't work? Because they don't give it enough time. They expect instant results and quit before they figure it out. If IM was easy wouldn't everyone be working from home or working from some exotic location while models fan them down and feed them grapes?

    You should be thankful it isn't easy. Who would pour you a beer at your local pub or come mow your lawn and take care of your yard? Working online and making a living online is very hard. Did I mention this yet? :D

    Just like a professional athlete trains nonstop.. someone with goals of making money online needs to read, study, test.. nonstop. If you want it bad enough you have to put your head down and DO THE WORK.

    Go into this knowing that you aren't going to quit. You will eventually figure it out if you just promise yourself that you will NEVER give up.


    You Can't Put All of Your Eggs in One Basket

    Once you do pick something to pursue you need to make sure you diversify as much as possible because IM is always changing and shit happens.

    Let's pretend you decide to start a blog about personal finance and you have selected the following ways to monetize your website:


    • AdSense - ad blocks throughout the site
    • ClickBank offers - offers mixed in your blog posts and will send offers to your email list
    • CPA offers - offers mixed in your blog posts and will send offers to your email list

    So, you want to push as much traffic to your blog as possible with the goal of them clicking on ads, clicking on your affiliate links in the content or joining your email list through some kind of offer.

    You need to find as many traffic sources as possible.. that way you aren't screwed when one dries up or just disappears..

    So, a few traffic sources you would want to look into:


    • SEO
    • PPC
    • Facebook Ads
    • Guest Blogging
    • Media Buys

    This way if a Google update kills your traffic overnight you can just increase your other traffic sources... just turn the dial and adjust. If you put all your eggs in one basket and spent all of your time and money on SEO you would be at $0 the minute that update killed your SEO.

    [​IMG]


    You Need to be Minimalistic Starting Out (and maybe give up some luxuries)

    Don't be like CEOSam and all the other fake IMers that are worried about materialistic crap. The people that get their first taste of money and go out and buy a watch or some other stupid material possession are doomed for failure. You have to stay grounded and remain focused.

    This industry can do a 180 instantly and if you lose your focus you will fall on your arse fast. I'll use myself as an example.. I could have any crazy car I wanted. Not bragging.. just making a point. Instead of spending a ton of money I bought something that I had wanted since I was very young.. an a4.. it's a nice car but it's no Maserati or Veyron.. but that doesn't matter to me.

    Don't set out to impress anyone. It isn't going to make you any more money. Know what you SHOULD spend your money on? A great computer, laptop, smartphone and online tools and software.. things that will help you improve your online marketing.

    You need to also look at what you spend money on and look for ways to cut spending.. this allows you to use that money to help your IM career. If you eat out a few times every week (I was seriously guilty of this) cut back and cook your meals at home. More ads.. a new blog design.. more links.. etc.


    You Need to Save Money

    This goes back to the previous point. When you start to make money and you see it roll in DO NOT spend it. Put some away for a rainy day. If your goal is to be self employed then you need to think about the big picture.

    There are no health benefits.. retirement funds.. etc. You are 100% responsible for your future. When you do start making money I suggest you hire a proper accountant and work with a financial adviser and planner.

    When you are 75 years old you will be glad you put some money away instead of buying that sports car or spending your money chasing girls.

    I'm not saying you shouldn't have fun.. you should have plenty of fun.. just don't live beyond your means.. and focus on saving money.

    I bet if we started a thread on BHW asking people to post about experiences they had making a shit load of money and then having nothing there would be plenty of people coming forward to tell their story.

    When you first taste the money it is like a drug.. have fun, but just be smart about it. Tuck some dough away and pretend you don't even have it. Invest it properly.


    You Need to Treat IM Like a Real Business

    This is where a lot of mistakes are made. People think they can work when they want and be successful. IM is a real business.

    What would happen if you just showed up to a regular job when you wanted? You would be fired.

    What would happen if you just left after a couple hours of working? You would get fired.

    Yes, part of IM is the ability to work from anywhere in the world and not work as many hours. It is up to you to determine how much you work and when you work. Some deals will require more work. Heck, I know people with successful online businesses that might work 2 hours a day.. but they worked plenty of 20 hour days when they first started!

    Just don't cut yourself short.. and be professional. Respond to emails quickly. Address any issues right away. Just like a real business.. because IM is a real business!


    That's the end of my rant.. I hope I don't scare any of you newbies.. I seriously hope this helps some people figure this out properly. Any questions, feedback or points to contribute/add fire away. As always I hope you enjoyed the read. Until next time.. Ciao for now!
     
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    Last edited: Jun 10, 2015
  2. SimpleSiteSolutions

    SimpleSiteSolutions Jr. VIP Jr. VIP

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    I think I just felt it move
     
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  3. asap1

    asap1 BANNED BANNED Jr. VIP

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    Another great post. :)
     
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  4. zenlagor

    zenlagor Regular Member

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    Great post as Always t0mmy

    From your experience can you tell us any of your big mistakes in IM? I think the spreading yourself too thin part of the blog strikes something home for me. When I first started out I just wanted to try everything and I did waste a lot of time, but eventually I found my focus again.
     
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  5. CowboysNation

    CowboysNation Registered Member

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    Nice share Op , Stay Focused and Motivitated and You will make it trust me!

    Dont Be A Pessimist...
     
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  6. t0mmy

    t0mmy Jr. Executive VIP Jr. VIP

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    Hrm hard to say man I've made quit a few ha! One mistake is time wasted focused on the competition too much and what others are doing.

    Don't get me wrong being competitive is a great streak to have and it's likely contributed to some of the success I feel I've had.. but it needs kept in check or it can end up wasting your time. Thankfully I learned to take a step back now.
     
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    Last edited: Jun 9, 2015
  7. Aske_senteria

    Aske_senteria Junior Member

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    great motivational post! nice share
     
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  8. icemetal

    icemetal Junior Member

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    Exactly what I needed Tommy, everything you said spoke worlds to me, I have to say that I am guilty of making a lot of money and then having nothing, it sucks so much, but not this time around, this time I will Invest and Save!
     
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  9. zionbar

    zionbar Jr. VIP Jr. VIP

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    thanks!!! great post
     
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  10. 67MAD54

    67MAD54 Regular Member

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    Great post! Love the pic of the hands hanging on the pull up bar too! Thats the kind of thing a decent spotter would shout at you in the gym :)
     
  11. tokokipiani

    tokokipiani Power Member

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    It us just AMAZING Tommy. You have already inspired me!!!
    Thanks for writing really useful information for us.
     
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  12. Cool Music

    Cool Music BANNED BANNED

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    hmmm all i can say is thank you i think
     
  13. Y M C M B

    Y M C M B Power Member

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    Tony Robbins , is that you ? :lmao:Great post btw
     
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  14. fredfred547

    fredfred547 Power Member

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    Such a great, inspiring post.
     
  15. Nubss

    Nubss Registered Member

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    You nailed it Tommy :)
     
  16. barbara83

    barbara83 Jr. VIP Jr. VIP

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    So true tommy.

    I failed 3 times over 3-4months.. I lost close to 1.5k.. before I start to generate an income since last month.. :)

    Everything you said is true.
     
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  17. Jayjaycg

    Jayjaycg Junior Member

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    Amazing post Tommy, truly inspirational.
    We've been all seduced by unrealistic expectations in the beginning, it's what the most of us wants to hear, it's basic human nature, we dont like to feel discomfort. Your post is a wake up call.
     
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  18. SpamBotKing

    SpamBotKing Registered Member

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    Hey t0mmy, love your threads. You always give me food for thoughts, and if you know a way of learning directly from you, let me know. I can work for free, in exchange of knowledge.


    I want to share with you the only thing I learned in this 8 months focused in IM:

    Get a damn job in sales. Become a door-to-door salesman or a cold caller. This will improve your internet marketing skills, while you get paid.

    I have a degree in IT science, and literally I can work everywhere for 4k month. But my day job is website's salesman. Basically I go shop to shop pitching for overpriced website and shitty eshops for 800euros/month. While this give me a margin to invest in my IM business, I discovered what t0mmy is saying in this post: the main enemy of your success journey is not your competitor or the business owner I want to pitch.
    Is you!

    Let me tell you a story. It was my first day in face-to-face sales. My hands where so wet it seems like to be in A Lisa Ann's movie.. my face-muscles where so tired making my fake-smile look like one of these old TV commercials.

    I would like to tell you that, when I started to the first potential client, all went fine. But that wasn't the case.

    The same happened with the second, third, fourth, fifth, etc. client.

    Really, I was wondering what was wrong with me.

    I was studying hard, from books and movies. One day I tried to close a random guy with the Al Pacino monologue in Glengerry Glenn Ross. Lol. I felt like a total failure.
    Then I became good. I started to close. It was totally unexpected. From day 99 to day 100, all the hard work I put in, became a part of me, and I saw a pattern.


    The same happen with Internet Marketing
    , you build your website, do SEO, you find creepy ways to get traffic, you yells at your copywriter, and still no results. Here is where the most quits. But if you have the strength to continue, you will realize you are only a step away from your objective.

    So guys, get a dayjob in sales, learn about yourself and defeat others.
     
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    Last edited: Jun 9, 2015
  19. fc-dh

    fc-dh Elite Member

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    Great post yet again, n00bs should read this everyday before work lol :)
     
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  20. fc-dh

    fc-dh Elite Member

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    IM and sales are two very different animals, i would never wanna be a cold caller or a door to door salesperson to learn IM, it isn't necessary to go true that shit to learn and understand marketing, i have done cold calling for my local projects and all i have learned from is it that people are assholes, it may have worked for you but i am willing to bet that you belong to a view that have done cold calling to learn IM
     
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