1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

What I would do different in my IM story

Discussion in 'BlackHat Lounge' started by mqsss, Oct 18, 2013.

  1. mqsss

    mqsss Regular Member

    Joined:
    Feb 24, 2012
    Messages:
    251
    Likes Received:
    142
    I've read many motivational threads here, nice to see people succeed and give some thoughts and directions to community. So, I thought of writing a post about what I would do different in my IM story.

    I've been in IM for about 6 years now. I started with a simple automotive blog and put Adsense ads on it. I had a hard 9-17 job at that time, I worked 6 days per week mostly for a miserable paycheck. I had a friend who was into IM for a long time back then and he gave me a few directions on internet marketing. I wrote an article per day and make some noob-style SEO to my blog, but that thing worked back then. A-B-A links and stuff like that were still powerful. Money slowly started to flow, but I didn't have knowledge or motivation to bring it on to higher level, because I was exhausted most of my days because of a hard 9-17 job. It's another excuse, if you have motivation, you will find time to work any time of the day!

    I started promote affiliate products about 2.5 years ago and I really got into whole SEO scene. About 1.5 years I was generating 1000+$ per month completely on autopilot from affiliate products and got a decent money from offering services. I quit my 9-17 job and was free like a bird, something I dreamed about from the first day I started working. Luck was on my side and I found an offline business shortly after that that was bringing me average paycheck with few hours of work per day.

    Than a hell broke loose, I had much problems with family issues and I couldn't stand being at home for more than 2 hours and I dropped all of my services, and only relied on auto-pilot money and offline business. IM income slowly went downhill to the point where I was collecting 2 digits per month, that's like a complete zero.

    I got back into serious IM a few months ago after more than a year. I started to read about all of new things I missed online this time and I made a new plans for my IM story. I started to provide services once again and I got orders for about 350$ just in the past 2 days. I am again on a level where I was before I dropped whole IM thing, I have a lot of fresh motivations and I'm older, smarter and with clear goals in my life.

    So, my IM story is like a graph that goes up and down and other way around again. I hope and believe that at this present time, I'm on a point that I will look back on to for whole my life and say "This was the time that my life and IM career really started to go uphill".

    You probably heard them all, but if you are not sticking with them, you really should. What I would do different if I started again:

    1. INVEST
    This is the most important thing I'd change and I'm sticking to it lately. Don't lie on your auto-pilot money. If you are making 1000$ per month while majority of your friends are still finishing school, don't think you are the boss now. Expand your business with investing into further projects. Every good investment returns itself in less than 6 months and it only grows from that point on. I used to invest 0-10% of my money into further projects and it is not enough. If I'd do it again, I would invest EVERYTHING you can into further marketing and projects like I do that now.

    2. RUN MULTI PROJECTS AT ONCE
    Don't earn only from a single website. 1 Penguin is enough to blow your business to zero. With running many projects, chances that they will all die through a single night are much smaller.

    3. WORK MORE, READ LESS
    When I started with Adsense, I read forums for 90% of my online time, I actually worked only 10% of that time. You would be amazed how much time a noob like me in that time spent on refreshing Analytics and Adsense reports just to see 0.20$ to appear on Adsense balance.

    4. DON'T VISIT WF
    I didn't really visit that craphole back in the day and I'm glad I didn't, because if I got scammed by those crap sellers, maybe I'd lost my whole trust in making money online. In my country we call selling a bullshit "selling a fog", that's pretty much what WF is all about.

    Peace!
     
    • Thanks Thanks x 2
    Last edited: Oct 18, 2013
  2. edgematch

    edgematch Elite Member

    Joined:
    May 24, 2010
    Messages:
    2,539
    Likes Received:
    1,949
    Occupation:
    You can never guess!
    Location:
    :noitacoL
    OP, I second all these with all my heart. Many thanks.

    PS: The last item should be numbered as 4 not 3.:)
     
  3. mqsss

    mqsss Regular Member

    Joined:
    Feb 24, 2012
    Messages:
    251
    Likes Received:
    142
    Fixed, this points should be at the very beginning of an Intro to IM book.
     
  4. MatthewWoodward

    MatthewWoodward Jr. VIP Jr. VIP Premium Member

    Joined:
    Aug 31, 2012
    Messages:
    992
    Likes Received:
    1,681
    Occupation:
    SEO
    Location:
    UK
    Home Page:
    Just a quick note around this - there is a fine balance here.

    If you try to run to many projects at once you can end up not really making much progress. I find one of the common mistakes a lot of newbies make is they try to juggle too many balls at once.

    When starting out you should put your heart and soul into 1 project and use the learnings from that to then build 2-3 simultaneously with different approaches to mitigate the risks mqsss mentions above.
     
    • Thanks Thanks x 1
  5. erickishere

    erickishere Elite Member

    Joined:
    Nov 27, 2012
    Messages:
    3,162
    Likes Received:
    1,162
    Did you end up moving out?
     
  6. OrangeNRG

    OrangeNRG Jr. VIP Jr. VIP Premium Member

    Joined:
    Dec 10, 2012
    Messages:
    381
    Likes Received:
    245
    This post is gold because we can try to learn from your mistakes, thanks OP! :)