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Proving the possibilities of IM

Discussion in 'Making Money' started by majestry, Mar 11, 2010.

  1. majestry

    majestry Junior Member

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    I constantly read from people about what cannot be done, how impossible things are, and all the problems that they face with IM. Instead of going on and on about things that I'm already doing to make money, ways that make money but need investment, etc, I have created a challenge. Starting with nothing but a few domain names, hosting, and whatever resources I currently have installed on my computer or I can easily download for free from a place like BHW, I am going to attempt to go from making nothing - that is with regard to the challenge - to making $273.98/day every day in under 6 months. For those of you who are bad at math, that's going from making nothing to making six figures in six months. I will also catalog what I do and how I do it every step of the way. The rules are as follows:


    1. All $273.98 must be gross profit and not revenue.

    2. In order for the win to count, I must maintain $273.98/day averaged over the course of seven consecutive days.

    3. The money must be made at the computer through Internet Marketing.

    4. The only things that I can start with are hosting, any domains I may currently have, and tools available on my computer or that I can download for free.

    5. No money on the challenge except money made from the challenge.

    6. A new post must be made every day by 12:00PM the day after or the challenge is null barring extreme extenuating circumstances.

    7. All profit and expenses must be documented.

    8. Exact details such as keywords, niches, and specific strategies do not have to be shared but some details can and must be provided.

    9. The start date of the challenge is 3/10/10 with an ending date of 9/10/10.

    10. Enjoy the ride.

    This is not a "journey to blah thread;" this is a game. Other's should feel free to try it if they want, or don't if they don't, I do not really care. The reasons I am doing this are numerous. 1, I think it could do some good for people to see in real time the development, 2, I intend to write a book at the end of this game/experiment/challenge, and 3, it could be pretty fun to do.

    I will be updating the blog every day - http://sixmonthsixfigurechallenge.blogspot.com/ - (when I said without startup investment I meant it) and I update this thread occasionally but I'm not going to spam this thread with updates.

    For all the novices and moaners out there, think about how your life would be different if six months from now you were making six figures. Now watch how it is possible to do this.:D
     
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  2. d4l1t0s

    d4l1t0s Power Member

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    go for autoblogs that will make you the six figures .
    and please whoever is reading this don't spam the thread with junky posts .
    keep it pro :D
    at least someone is thaking action in here :)
    I won't say Good luck OP because I don't beleive on it, but may GOD be with you :)
     
  3. blackhat.mmm

    blackhat.mmm Junior Member

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    Subscribed. I like your intentions and I always appreciate a good writer. :)

    I'll be following your progress.

    Go get your 6-Figures!


    -BH3M
     
  4. majestry

    majestry Junior Member

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    I already do alright on my own but I figured what better way to have fun than make a big game and really push the limits. I also didn't add to my rules but it's going to be entirely up the up-and-up because that's just the kind of guy that I am.:D
     
  5. majestry

    majestry Junior Member

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    IM, like poker, is a game of skill and practice more than it is luck. Sure, luck can help you sometimes but it is not a determining factor in whether or not you are successful.
     
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  6. d4l1t0s

    d4l1t0s Power Member

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    Luck does not exist :)
     
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  7. dheer

    dheer Jr. VIP Jr. VIP Premium Member

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  8. MoreMoneyMoreProblem

    MoreMoneyMoreProblem BANNED BANNED

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    I have faith in you to succeed with your goal. Good luck.
     
  9. egomOnia

    egomOnia Registered Member

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    This thread might turn out to be pretty interesting if you stick to it and update regularly. Subscribed.
     
  10. A_Tjuh

    A_Tjuh Regular Member

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    Well bookmarked your blog will be checking it out. Well all the best for you on this challenge :)
     
  11. selection

    selection Junior Member

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    good luck with your goal!
     
  12. TehBoss

    TehBoss Newbie

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    Will watch your blog.
     
  13. csroster

    csroster Newbie

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    I'm watching. So don't screw up or slack off.
    Mwa ha ha!!

    Sike good luck with your challenge. At the end I don't imagine you'll have any money problems, but if you get your goal and alot of followers you could probably make alot of money coaching. Or if you just like to teach.
     
  14. majestry

    majestry Junior Member

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    Well, I wasn't going to plan on posting to the thread all the time but I figure I can go ahead and post my blog posts here for the lazy who do not wish to go to the blog. Below is the result of day 2.

    So, today has been a pretty good day. I wrote a few more articles to try and get the ball rolling and get some income into this little game and they are worth ~$30 bucks. I have not sold anything from yesterday or today so I will have to wait a little longer on that. I did, however, get my website up and running that targets novice internet marketers and people who are just starting to look into getting involved in internet marketing. The website is www.ebookforfree.info which is a pretty simple site based around Joomla and I have monetized it with a nice content blocker (who doesn't want great IM books of free?) as well as some advertising on the side.

    There is some more stuff that I want to keep adding to the site but, for now, it is full enough to get some marketing going into it. I haven't done any marketing with the website yet today but I plan on doing some serious marketing with it over the days and weeks to come. I plan to put up some original and quality videos onto youtube to promote the website, start a facebook page for it, maybe get some CL ads up, and obviously some serious article and web 2.0 marketing.

    I didn't get to do any keyword research today or really any marketing but the website is in a position where I am happy to start working on driving traffic to the website. There is a lot of places that I can drive traffic from and I have some opportunities for other money through affiliate sales like hosting and other things that are required to get into the IM field.

    Plans for tomorrow (later today) include doing some keyword research, posting at least 10 good articles to ezine or more article directories, and plan how I am going to set up the videos for youtube. I will probably also build the facebook fan page. I do not think it is too unreasonable that with a good amount of traffic this website could be making $100/day. Only time and traffic will tell, though.

    Time spent today: 3 hours
    Time spent total: 6 hours
    Money made today: $0
    Money made total: $0
    Expenses today: $0
    Expenses total: $0
     
  15. haverox

    haverox Regular Member

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    subscribed
    keep it up
    Posted via Mobile Device
     
  16. Black Beret

    Black Beret Newbie

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    Hey Man,

    I just signed up to follow your progress and wish you the best! This is a good way to inspire others to take action. BTW, I really like the Joomla site! You did a good job on it.

    Cheers,

    BB
     
  17. majestry

    majestry Junior Member

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    Thanks. It's an idea that I've had since I first joined this site but the very first iteration years ago was terrible. At least this time there is a little more knowledge and skill behind the site and some decent plans at making some cash out of it =P
     
  18. ``Yousef

    ``Yousef Power Member

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    Indeed a twist on your average journal, I wish you good luck mate ;).
     
  19. majestry

    majestry Junior Member

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    Day 3

    I am disappointed with my progress today. Mostly disappointed in myself that I did not do more but today was just a weak day. The weather is terrible, I spent too much time reading tech crunch (which has made me feel shitty myself since I want to own a large multi-million dollar company ) and I spent too much time playing poker. I did win some decent money at the table but that doesn't count towards my IM. I wrote a bit more content that I'm trying to sell but still no luck in that department for startup cash. DP sucks for many reasons; people don't want to pay for quality content, you can't bump your threads, and the majority of the people are developmentally challenged.

    I did do some decent research today, though. I did some keyword research for www.ebookforfree.info for content that I plan to write and I wrote up layouts for the first two promotional videos that I am going to post on Youtube. I also signed up for a couple web2.0 for the specific purpose of promoting this website. This is always the worst part of a project; however, because I have done all the setup, have the research done, and all that needs to be done moving forward is driving traffic and making money. This is the point where all the doom and gloom scenarios start blooming in my mind and it makes me not want to push through and continue with the project. I have been successful on a few projects but there are many others that I have dropped because I didn't feel confident that it was going to work.

    It is ironic because it is actually impossible for things to not work in IM. It doesn't matter how terrible your site is, how awful your copy is, how useless what you're trying to sell is, if you drive enough traffic you can and will make money. I should probably modify that statement and say it is impossible to not generate revenue because you can lose money if you have poorly optimized advertising.

    Every day can't be a banner day but I could have should have done more today. The good news is is that tomorrow is another day and I can make up for what I didn't do today. Additionally, this is not a sprint but a 6 month marathon so one lackluster day will not make or break it in the end. With that said, I cannot make a habit out of not doing a lot.

    I appreciate all the support from those of you reading both here on my blog and at BHW and your encouragement is appreciated.

    Time spent today: 2 hours
    Time spent total: 8 hours
    Money made today: $0
    Money made total: $0
    Expenses today: $0
    Expenses total: $0
     
  20. tonlilaz

    tonlilaz Executive VIP Premium Member

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    well.....to be honest.. if you're starting from scratch i'd adjust your goals a bit

    give yourself 5-7 days to get a few sites set up. then make yourself a goal of XX a day. Each month increase that goal by say 10-20% so that by the end of 6 months you're making XXX a day.

    just helping you be practical, but like i said, if you are starting from scratch, there is set up time and everything like that.

    jmo