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The Secret in Plain Sight

Discussion in 'Making Money' started by Kurtz3771, Apr 17, 2009.

  1. Kurtz3771

    Kurtz3771 Junior Member

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    Hey All,

    Sometimes the most obvious common sense is clouded, when it comes to making money online. It has always been that way, ever since I got into this, years ago. We live in the information age, but too much of anything can be a bad thing. There is just too much information accessible to people who want to make money online and too much bad information out there.

    One of the worst bits of information out there is that you should never spend any money, in order to, make money online. Yes I know that there are scams and all kinds of shit programs out there, but at the same time, you have to have the mindset that you're investing in yourself and your online business.

    One thing that I will note is that a small series of online investments and how a person invests this money is the difference between success and failure, in a lot of cases. I'm not talking about spending much money. About $100 or less. I experienced my first real online success by investing $20 online and it snowballed from there.

    All you struggling marketers out there, think about this. Where are you going to be able to start a successful business for $100 or even much less? Think about starting your own business in the offline world. Think about those costs. I'm not saying that you should spend like a drunk sailor and buy every product out there, most of them are shit, but invest in your own online business.

    I mentor some people on making money online and the ones that are very successful online and the ones that aren't successful online, there is usually a clear distinction. The ones that are successful not only invest the time to make money online, but they also invest some money. They buy the fact that they are investing in themselves and their online business. Even if it is just a domain name and web hosting and an auto responder service.

    If you don't have the money, sell some shit on eBay. Provide some services for people, like article writing or some other grunt work. Sometimes you have to go through some shit to smell the roses.

    Warmest Regards, Nate
     
    • Thanks Thanks x 7
  2. Biscut

    Biscut Regular Member

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    I agree. It does take money to make money but it doesn't take a lot especially online. I think many people hear that they need money to start and they quit before finding out that they only need a few dollars to get started. The only other business I've seen where you can make money with very little investment is network marketing but you are out there trying to get people to join your network. It's very time consuming and the payoff is usually far less than what you can earn online.
     
  3. kphsax

    kphsax Newbie

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    What would you spend the $100 on?
     
  4. shizaru

    shizaru Regular Member

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    Very well said Kurtz.. :)
     
  5. Kurtz3771

    Kurtz3771 Junior Member

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    You make some great points and I really agree with you. Time equals money and if you invest it the right way, you can save a WHOLE LOT of TIME!
     
  6. Kurtz3771

    Kurtz3771 Junior Member

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    Thanks, my real name is Nathan Johnson.
     
  7. Kurtz3771

    Kurtz3771 Junior Member

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    That is a good question. I think a lot of that depends on a person's skill set, what they are interested in and how much time a person has to invest. A domain, web hosting and a auto responder is definitely a good start, but I think it varies quite a bit.
     
  8. richjerkoff

    richjerkoff Junior Member

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    All businesses should reinvest some of their profits because it creates leverage.

    Money has no intrinsic value and is just a tool to be used to make more of the same.

    The trouble for most people is deciding what to spend it on.

    One common thing that smart marketers do when they have some money in the bank is outsource all the mundane tasks which suck away your time. Being a one-man band can burn you out or keep you in the money-making slow lane for a long time.
     
  9. hunar

    hunar Regular Member

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    Loved the post. :) also, Nice to see another Minnesota person here. :)
     
  10. Kurtz3771

    Kurtz3771 Junior Member

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    Good points, re-investing in your online business is key and deciding what to re-invest in is also key. I remember when I had my first $300 and $400 days. They were some quick flashes in the pan, but I had a couple grand to re-invest, but I didn't know what to re-invest in and I ended up buying a ton of products and joining every membership site and losing it all. I didn't have the knowledge back then, that I have now.

    One thing that I will say is that you obviously want to be smart with your re-investing, but you should scale up your operations. I try to limit what I spend on potential projects that aren't profitable to me. Once the money starts to come in from a project, then I start to re-invest a portion on those proceeds, back into the project.
     
  11. Kurtz3771

    Kurtz3771 Junior Member

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    Thanks!

    I've been making money online since 2007, but I've been dabbing for years before that. The first check that I earned was like a $2.00 check from filling out an online survey. I was embarrassed to cash it:)

    That was many years ago and I've come a long ways since then.
     
  12. Kurtz3771

    Kurtz3771 Junior Member

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    Oh yeah?

    What parts?

    I live in a small town in northern MN. In my own personal gulag, until I finish my novels:D

    Back on subject. You may ask, how do you re-invest in profitable projects and scale up. There are usually a ton of different things that a person can re-invest in. Outsourcing and traffic being some prime examples.
     
  13. Sanitarium

    Sanitarium Regular Member

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    Good points OP. Unfortunately it won't work like that for most people, the majority will have to work without wasting money before they realize and understand that it takes work too. Either that or they waste every cent and ask 'why no monies?' well, because no work was done.

    You remind me of a guy. But he's no longer with us.
     
  14. Kurtz3771

    Kurtz3771 Junior Member

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    Granted, I never said that it wouldn't take work, but I've seen so many people piss their efforts away on free stuff that doesn't work. Going the cheap route and not paying for web hosting or buying .info domain names and not paying the extra $8 or whatever to look more professional.
    Trying a bunch of free traffic methods that suck and are too time consuming etc. The bottom line is investing capital wisely can make you a ton of money and save you a ton of time.