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The real road to $xxx,xxx - Creating Value

Discussion in 'Making Money' started by pixelgrinder, Aug 19, 2012.

  1. pixelgrinder

    pixelgrinder Jr. VIP Jr. VIP

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    I see a reoccurring trend of failure on BHW and I believe it stems from not understanding the core ideas behind making money, being successful and being an entrepreneur. I was victim of this exact mindset where I simply looked for a method that would generate money without having to do much or really be involved. Back in early 2000's, it really was as simple as throwing up a website with keywords, rank and make insane amounts of money. Unfortunately, those days are over and people continue to hope they can spend that same amount of time and make as much money as you could in the past.

    So now we've established that the get quick rich is nearly impossible, we need to start figuring out how we can still be successful today. There are always exceptions and stories of people that manage to get rich quick, don't fall into the trap of thinking it will be you. If you truly want to make money online and be successful, you're going to have to spend time and work your ass off. As simple as that.

    Now the question becomes, how can you still make money online or even offline for that metter? The answer is as simple as this: create value.

    Value is anything that saves another entity time or money. There are other forms of value, but for the sake of this article we're going to focus on time and money as they are the relevant and easiest to implement and understand (in my opinion).

    You may say I don't know how to create value or I have no skills or anything to offer. If you are in this boat you need to start thinking about what you can do and what you enjoy. The internet has so much information and tutorials on how to do literally anything, theres absolutely no excuse to not be proficient at something. It doesn't matter what it is, from photography to web design to juggling, I guarantee you can find tutorials on the internet. Here are a few examples I came up with off the top of my head:


    1. Learn to use a digital camera - This is one of my personal favorites to generate money. I posted this thread on how to create videos for real estate agents. That method is $xx,xxx+ a month and not a single person even commented. But beyond that, you can utilize your camera to create value through so many avenues. Offer to take photos of homes, businesses, events, etc. Figure out how you can offer value to someone else with this tool.
    2. Learn graphic design - There are endless amounts of tutorials on photoshop
    3. Learn to create videos - Adobe After Effects, Cinema 4D, vegas etc
    4. Learn to code - again, endless tutorials on literally every single language.
    5. Learn to write - though there are already numerous people that offer content writing services, there is always ways to improve and offer a better service.
    6. Learn to create music - fl studio, etc
    7. Learn to animate - 3DX Max, Blender, etc


    You may already have some sort of skill: you know how to play baseball exceptionally well, you can build robots, you are an electrician or whatever it may be. Now that you're able to generate some form of value, whether it be information or a service, you will need to sell that value.

    The difficult part is finding who you can market your services to. You need to think about who will benefit the most from what you have to offer or who would be willing to pay you for what you know. This requires thinking, you need to be obsessive about it. Just keep asking Who can benefit from what I have to offer. I came up with the real estate home walk through because I knew agents didn't want to spend the time to do it themselves and probably didn't want to invest the time in finding some one that could produce high quality results for a low cost. I was right.


    Once you have an established business, you can begin to outsource the work and manage the business. You can expand, sell or do something else with the profits you have generated.
     
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    Last edited: Aug 19, 2012
  2. ferma231

    ferma231 Elite Member

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    Great post ;)

    But also , is that easy to sell something to anyone ?

    Also i read 1 guy (15 years old) Sold videos to restaurants, $450 for each , he simply took photos and edited it on ipad and made high quality video.
     
  3. Joker7

    Joker7 Regular Member

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    Dam, i guess if you can do something well and have the contacts, you can overprice anyone for work that is easily done.
     
  4. s0ap

    s0ap Executive VIP Jr. VIP Premium Member

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    There are a lot of stories about people getting rich doing idiotic shit. There are far, far more about about people who did idiotic shit and remained failures.

    Focus on how you can create a career and a life for yourself rather than how you can make $1000 by tomorrow.