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Possible to become a BILLIONAIRE from only IM?

Discussion in 'BlackHat Lounge' started by rulingim, Feb 22, 2013.

  1. rulingim

    rulingim Newbie

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    I hope I don't get bashed for this question but just asking. If you can really scale things to "nth" number then is it really possible:rolleyes:
     
  2. trustedfire9

    trustedfire9 Jr. VIP Jr. VIP Premium Member

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    no it's not possible top earner here make $12-$14 per day .
     
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  3. aceprogrammer

    aceprogrammer Junior Member

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    its tough but its still possible
    lets say you own 1000 products that sells 1million per year (quite possible even some clickbank products do better than that)

    here is your billion
     
  4. ok888

    ok888 Jr. VIP Jr. VIP Premium Member

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  5. hateandbreak

    hateandbreak Supreme Member

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    If your thinking of creating an app that will go completely worldwide, or the next big thing then yeah definitely. Think Instagram and other huge sites that came from nowhere. If your thinking with CPA and promoting click bank or affiliate offers, not gonna happen.
     
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  6. JFoulds

    JFoulds Power Member

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    No.
    Sorry, I'm not going to contribute to this 'if you believe you can do it it will happen' sensationalist bullshit. You cannot become a billionaire from internet marketing only.

    Latest statistics put the number of global internet users at approximately 2.4 billion. Let's say theoretically you could get every single internet user in the planet to go to your website. Even if your conversion rates were decent enough for you to be getting a $0.4 EPC (bear in mind, over a billion of those users are from Asian markets, good luck monetizing that!), and even if your total overhead costs were...$0.00...you'd still only just reach $1billion USD.

    Oh, and that's excluding the massive amount of taxes you'd be paying on that amount too.
    So no, sorry, it's not possible to become a billionaire by IM only, anyone that disagrees with me, feel free to show me some maths that says otherwise. A millionaire, definitely, I know several. A multi-millionaire, sure. But a billionaire? No chance.


    EDIT: This is discounting things like 'Facebook', 'Twitter', 'Instagram' etc - this is not internet marketing. This is product development. Internet marketing is to product development as formula 1 racing is to car mechanics.
     
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  7. azguru

    azguru Elite Member

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    You are completely forgetting the hundreds of millions of dollars you would need to do the promotion.

    To answer your question OP:
    In order to become a billionaire in one year, you would have to make 2.74 million in PROFIT a day, and not spend any of it.
    In two years, 1.36 million in profit a day.
    In 10 years, you would need to consistently be making 274000 in PROFIT a day.

    Realistically speaking, it would be hard to reach these numbers with IM.

    Starting a technical company is a bit different than IM. Most people on this site are not creating "Instagrams."
     
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  8. LakeForest

    LakeForest Supreme Member

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    Facebook, Twitter, Instagram are internet marketing. Writing blogs and making tiered backlinks is not. $0.04 EPC is not internet marketing.

    As is clearly evident, you can become a billionaire from IM...But, like you said, you need to be able to connect how simply maintaining your car has a connection the top auto-racing.

    Doing only IM to get you to multiple $Millions? What is "only IM?" Get rich quick schemes? Spam? Thinking small gets you nowhere, even you see that, regardless of your disagreement with OP.

    Speaking to OP now: Stop asking these questions and go work on something.
     
  9. Qokaine

    Qokaine Regular Member

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    very possible, look at mark cuban.
     
  10. Random-

    Random- Junior Member

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    SHARKTANK FTW :p

    It's definitely a challenge and 99.99999999999999% of us will never get that high but it can be done.
     
  11. phpbuilt

    phpbuilt Jr. VIP Jr. VIP

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    [​IMG]

    That's right. Dr. Horrible just quoted Dr. Evil.

    Oh BTW, Larry Page/Sergey Brin worth at least 12 billion each from IM.
     
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    Last edited: Feb 22, 2013
  12. JFoulds

    JFoulds Power Member

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    Nope. Sorry.
    Google, Facebook, Twitter, Instagram - their founders had jack all to do with internet marketing.

    Yes, their services now include marketing, on the internet. This does not make them 'internet marketers' they are developers.
    If you want to become a billionaire, you don't market anything. You develop something. You let other people do the marketing.

    Google was effectively started from a PhD research project on a Computer Science degree, Zuckerberg wrote the majority of original Facebook code himself, both of Instagram's original founders were software engineers.

    You do not become ridiculously rich as an 'internet marketer' you become ridiculously rich as a developer.
     
    Last edited: Feb 23, 2013
  13. Orbit143

    Orbit143 Senior Member

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    I don't think so...depends on how you define IM but this usual stuff found on BHW, even scaled up through the roof probably won't make you billions. You can make that kind of money from the internet but you would have to really invent something new, like facebook, google, that kind of thing.
     
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  14. aymenbnr

    aymenbnr Jr. VIP Jr. VIP Premium Member

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    It is very possible , Guys like Frank Kern makes millions of dollars per month !
     
  15. phpbuilt

    phpbuilt Jr. VIP Jr. VIP

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    Well, Google's core business model revolves around selling ads. They facilitate internet marketing, and I think saying "from IM" is accurate. The method they use to do it is irrelevant. Most internet marketers make good money from programming as well, programming their own scripts or scripting using other people's programs. Very few do it manually, but even those -- you could say they didn't make money from "IM", they made money from "authorship" using the same argument, its all semantics.
     
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  16. Reyone

    Reyone Elite Member

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    Something that is 100% sure is that discussing this kindda stupid topics here will lead everyone (including myself) nowhere but to a pathetic waste of time.

    You will get the answer once you start working.
     
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  17. BackY

    BackY Senior Member

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    You are wrong :)
     
  18. JackSparrow

    JackSparrow Supreme Member

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    Depends on what currency the Billion is in. $100 may mean millions in another countries currency!
     
  19. cash202

    cash202 Elite Member Premium Member

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    It is not possible and you aren't even ready to become a millionaire as you
    believe in the existence of such thing as IM. There is sales. There is marketing.
    Internet is only one of the channels. If you keep your limiting thinking you'll
    probably just become a $10 per day "success" story.
     
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  20. extremeboy

    extremeboy Jr. VIP Jr. VIP

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    You can be billionaires obviously just make destiny and do hard work :)

    Make Good cash from IM and reinvest over the web or offline as well it will make you Billionar for sure :)