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The Tools of a Profitable Idea

Discussion in 'Making Money' started by swjedinight, Oct 10, 2012.

  1. swjedinight

    swjedinight Regular Member

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    First and foremost, the methods being shared on this forum and others like it are outdated and over saturated before they are even posted. Oh sure you might get lucky and cut and paste a method posted on here and have some success with it. Also some methods are just classic ways of making money on the interwebs such as selling fivvr jobs to suckers, buying on Craigslist and selling on eBay, driving traffic to a website and flipping it etc.. If you wanna play in the IM world, you have got to think out side the box.

    There is no true original ideas anymore. Wrap your head around that. Digest it and except it. Someone's done it before, profited from it, and beat it into the ground. You simply cannot come into the IM world with delusions of making millions on some played out method by just trying it. No, no, you have to use that lump three feet above your ass.

    I don't say this to discourage you from trying any or all of the methods posted by my fellow bhw members. In fact it's the best way to learn some very valuable lessons you wouldn't have otherwise learned. What I am trying to get across to many of you is that begging for all the details of someone's method is just simply a waste. Thinking you're going to copy and paste a method and scale up.... It's a waste. There is only one sure fire way to up the odds in you're success and that's to know what you're good at and how to exploit it. Once you know the things you're good at then you can start to put together your own methods... And here's how

    Open up note pad... Go on, don't give me any sass about this! Now type out all the things you like and feel you can do in the realm of IM. Now you have a list of "strengths". Now do the exact same things about the things you feel you can't do or that you don't wanna do. And presto "weaknesses"! Now you have a starting point (don't you feel accomplished?). Let's start with your strengths.

    You like Facebook? A twitter nut? You feel you write well? Maybe you know a thing or two about CPA? Whatever the case might be you still need an idea. This is where you use your nugget and start to put pieces together. Things are happening in this world so fast and change by the minute something's always popping up. You have to say to yourself, "self... How do I profit from this" let it be your mantra. You've already got your lists of strengths. Consider these your tools. Mash the two together and you have given birth to a method. Sometimes it's simple, other times it's a chain of events that need to happen before your method makes it rain. then if you can, scale it up and outsource the crap out of it.

    So small recap.... Methods are played out, there are no original ideas, make the list, find the trend, mash together, give birth, make it rain, scale it up.

    Ive just given you the best "method" bhw has. Don't blow it.

    Haters are going to hate. You either have no skills or no ideas. Or you're just a plain out douche. In any case at least be witty and/or funny with your hatoraid.

    Good luck guys
     
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  2. senior

    senior Regular Member

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    I have to agree somewhat. It is basically, get off of your arse and do something.

    I think the biggest drawback that most methods have is that people want immediate cash. The biggest drawback for most is that they can only afford to invest in a service or software if they can get a return on that investment really soon. Problem is, even if you make great money in a pay period, you have to float the expenses while you wait for payment.

    If I was coaching someone on IM, the best advice I could give them is to have an income/job, know the work you do today will generate cash in hand 3-6 months from now, and don't assume that all earnings are easily replicated.
     
  3. swjedinight

    swjedinight Regular Member

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    The age old "97% of newcomers to IM fail because they don't see results instantly". I think it's more that they really don't know how IM really and truly works. It took me years to figure it out. Litterally years. I saw zero results because after the 15th or so "method" didn't work, I became sick of failure and even threw in the towel for a short while. Then it hit me like a ton of brinks on how IM really works.
     
  4. TheKingGeek

    TheKingGeek Senior Member

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    First I would like to say that I had in fact copied and paste some methods and they worked as the OPs said it would. You are right some methods are "saturated" or just "too old" , so?, I'm currently making good money with something that is according to "Gurus" way too saturated. Saturation doesnt exist. You just need to do things differently.
     
    Last edited: Oct 10, 2012
  5. swjedinight

    swjedinight Regular Member

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    Some times you get lucky. Or you have good timing. It's not impossible. But for every one story like yours there are at least a hundred that weren't so fortunate.
     
  6. Z0mbie

    Z0mbie Regular Member

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    The way I see it is, in the end, it comes down to the basic methods of monetization(Adsense, CPA, Affiliate products, Selling services/products etc.) - Even people sending cash in mail to you, but the thing that people don't get is that they need TARGETED TRAFFIC to make money, not methods. Any and all methods are basically just traffic driving methods for their monetization funnel.

    It's the same thing as say, you own a restaurant(website), and you need customers. Whatever marketing(In IM, "methods") you do for your restaurant is to eventually get customers to come in your restaurant and eat, that is your end goal.

    Though, once they're there, you need to make them eat more or sell the expensive food. That depends on your restaurants service, food quality, ambience, and several psychological factors like the placement of items on the menu, music etc. - that is conversion optimization, where you try to make more money out of the traffic that you already have.
     
  7. sasuke120

    sasuke120 Regular Member

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    Yes i agree you have to figure it out yourself you can learn the basics here :p but not more...