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NOOBS: Maximize Your Profits while Minimizing Your Learning Curve

Discussion in 'Making Money' started by grafxextreme, Apr 21, 2009.

  1. grafxextreme

    grafxextreme Regular Member

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    As with everything else in life there is a "learning curve". I believe it may be a little unrealistic to expect a steady income from IM as quickly as many noobs expect. Consider there are many here who have been at IM for more than a year and who have yet to make their first dollar. It?s not from lack of trying. It?s from lack of experience and knowledge. For some, it?s simply a lack of confidence to take the action required.

    The dynamics of the Internet being what they are, even when you do start making money, you have to get used to the idea of going through "feast and famine". One month you could earn $5000 and the next eight months you won?t make a cent. Then there?s the companies you?re depending upon for your income such as PPC, CPA, and others who decide to take ?shave? your income or refuse to pay you on a whim of their own. Then let?s not forget Paypal who may also on a whim decide to freeze your account.

    There?s a reason the IM ?gurus? have to come out with a new product or service every other month.

    Instead, of wasting a lot of time, effort and money trying to figure everything out yourself (reinvent the wheel) through trial and error ? I would highly recommend that you find a mentor. Find a real professional that you trust in an area that you're interested in and volunteer to do some free outsourcing for them in exchange for their teaching you "the ropes".

    Professionals are always looking for someone to help them out. And, they're always being inundated by people who want FREE advice. If you would offer to do something they need for FREE in exchange for them ?teaching you the ropes? you could learn a lot quickly.

    EX: I run a holistic health website for diabetics. Members pay $99/mo to access the information on the site. Their membership also includes 1on1 coaching. Some of the coaches are holistic health practitioners, others are certified personal trainers, others are health coaches. The problem these professionals have is getting some experience under their belts and learning how to run their own business.

    I provide this training and experience to them in exchange for them providing coaching services to my members. (I also pay them a small amount) Most of them are ready to go out on their own in as little as six months. It's a "win-win" situation for everyone involved.

    I get professionals to work for me for almost nothing. The professionals get the experience and education they need to start their own coaching practice or business. And, the members get professional coaching.

    I do the same type of thing with affiliates. Someone brand new and wants to learn. I do charge them a small fee to help separate the serious from the curious. I provide them with tools and a marketing plan PROVEN to work as opposed to the usual tools they receive from sellers. They get ?on the job training? and get to ask questions on how things work and more importantly why they work. This prepares them to go out on their own.



    This is what you want to look for. If you have an interest in article marketing, CPA, PPC, article marketing or whatever, then find someone who is the "expert" in it and see what you can do for them in exchange for learning the ropes. It's a fair exchange and shortens the "learning curve" for you and gives you a better opportunity to be profitable. (Take a look at the topics of webinars at AudioInfoMarketing that I conduct and you can see why they sell out so quickly)

    There are quite a few things even a noob can offer. You could offer to help out with their support system, moderate their forum, write posts in their forums that will help them pre-sell their product or services, submit articles for them to directories, create squiddo lenses, create social networking pages for them, post questions on YahooAnswers, etc...

    A professional marketer is someone who knows exactly who their market niche is, what their market niches problems are, what solutions their market niche has tried in the past and what solutions they?re looking for. They have created marketing tools specifically for that market niche. They KNOW exactly where their market niche is and how to approach them for higher conversion rates.

    They have invested a lot of time, money and effort to learn what they need to know in order to build a profitable business in their chosen niche. However, don?t expect them to simply turn over the keys to the vault to you. You may have to pay something either in cash or sweat equity in order to have access to these tools and the attention to these professionals. Remember, they?ve had others approach them. They don?t have time to waste with dreamers who only want to learn something because their curious but won?t do anything. They?ve had competitors try to steal their tools for their own use or to sell to others. So, it?s not going to be easy and you are going to have to prove yourself in some way. But the effort is worth it.


    If this is helpful to you, please say THANKS ====>
     
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  2. dabosh

    dabosh Registered Member

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    would you like to provide free mentoring services then?
     
  3. grafxextreme

    grafxextreme Regular Member

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    Sorry you have me mistaken for a socialist. I'm a capitalist. :D
     
  4. Poison

    Poison Junior Member

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    Communist you mean...
    Socialism is a tad different :p