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Young person journey to freedom, [Live or Die]

Discussion in 'My Journey Discussions' started by davisp, May 22, 2012.

  1. davisp

    davisp Registered Member

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    Hey all,

    First of all I would like to introduce myself coz I am new here :)

    I'm the guy from UK ( England ) but actually I born in Europe, so my English is not so good as it should be. At the moment I'm unemployed person. Two years ago finished school and received great results from exams. Past 2 years I'm trying to improve my English skills, because on October I'm starting Marketing and business management undergraduate course at Uni.

    I'm actually broke.

    I'm only 18 years old, but I'm already in big debt ( Nearly 75k$~ ) to some guys. It's crazy right. How small kid can waste money like that. But i am business person from early age..

    Failing.

    I'm basically new in Marketing, but I have big knowledge. From 15 years old I read sooo many books until Today, I have so much information in my head and I have new ideas every day how to make money, but Its hard to take action for me, because I failed sooo many times. I've been taking action for at least 1 year, lost 75k$~ and failed hundred of times.

    What is the point of this diary?

    The thing is why I registered here and created this thread is because I'm thinking it will give me more motivation to work, and make money. I have so many ideas how to make money, and need to realize these ideas. Hope I will help to other broke or new in marketing people.

    What is my goal?

    I haven't decided yet. Today and tommorow I'm going to create a proper business plan, and then will see what goal can I set.

    Investment

    I'm broke. No additional money for business. I will start my business with few cents lol. I will try set-up fast cash strategies ( f2f offers )...

    I hope that in the future I will be helped a lot people and sure ... I want to be debt-free! LOL!

    Wish me good luck.

    Have any 'get motivated' tips and tricks? I would love to hear from you :)
     
  2. SebiP

    SebiP Regular Member

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    Good luck , you will need it , I still don't understand how can you owe so much money at 18 years old . You said you borrowed those money to invest , then you must be really bad at this man , with 75k investement you could have made a lot more , anyway I wish you all the best and get debt free .
     
  3. KraftyKyle

    KraftyKyle Jr. Executive VIP Jr. VIP Premium Member

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    Can you explain to me how someone under 18 can borrow and lose $75k?
     
  4. OldSalt

    OldSalt Moderator Staff Member Moderator Jr. VIP Premium Member

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    Honestly, unless you're living with your parents or friends, I don't see how you're going to make enough with IM to pay for a place to sleep and plug the computer into, much less eat each day. I always recommend for people that aren't making a large amount of cash with IM to start with a 'day job' and do IM on the side until you make it... then when you've put about 6 months of your salary into the bank, THEN you quit your day job and focus on IM full time. That way if anything goes wrong at any point, you've got the next egg to keep you going until you get the money flowing again.

    What you're trying to do is going to next to impossible - to survive on IM income long enough to make it big time...

    Good luck with it - I wish you well.
     
    • Thanks Thanks x 1
  5. davisp

    davisp Registered Member

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    I haven't borrowed all money just for business. We can say I invested about 15k$ to IM in the past few years.About 60k$~ - its been order to pay when I lost lawsuits against two clothing/accessories companies.I've been ordering fake items(BIG QUANTITY!) from China and been busted. There was 2 companies, and both companies sued me.. ( actually my parents were ordered to pay 60k$~ but they did not paid any money ( only court fees and lawyer fees ), so when I became 18years old I have signed pay-monthly agreement with companies).

    Btw, I have 3 fake paypal accounts. All are limited with quite good money. ( in 2-4 months I will be able to withdraw all money. )

    When I said that I'm broke, I dont want you to think that i will be homeless soon. I'm making 1k GBP every month from renting business. But I can't afford more money for business, because this money goes to pay my debt and for food + phone and insurance bills. I don't need to pay rent or house taxes. I'm living in dad's flat alone and he pays all house related bills.
     
    Last edited: May 22, 2012
  6. Inception_AC

    Inception_AC Jr. Executive VIP Jr. VIP Premium Member

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    If you have spent that much and got no return then sorry to be harsh but this business is in no way for you.
     
  7. davisp

    davisp Registered Member

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    #5 message.
     
  8. davisp

    davisp Registered Member

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    Hi all.

    I decided that simplest way to make fast money will be in offline market. So here is some information what I did today.

    1) I draw a business plan/mindmap what services should I offer and etc.
    2) After few hours of brainstorming and research I filled incorporation papers for my new company.
    3) Registered domain.
    4) I've spent about 2-3 hours just for thinking and filling papers, others 5~ hours I spent on website. I've just done my business website. ( Content, logos, forms, everything is done. )

    Tommorow tasks:

    1) Create Marketing Materials.
    2) Find cheapest virtual office and phone provider.

    More info and details tommorow - done for 2day!
     
  9. Hagal

    Hagal Registered Member

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    Yeah .. kinda sucks having that much debt at that age. But the good thing is that you take action. Now add some brain to those actions and try to learn from your past mistakes and don't get another 75k debt.
     
  10. Expertpeon

    Expertpeon Elite Member

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    Wow, why don't you try actually working instead of "businessing"?
     
  11. davisp

    davisp Registered Member

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    What you count as a 'work' ? Go spam forums, upload dozens of videos? The thing is I'm not a guy who's going to upload hundreds of videos to YouTube or answer questions in YHA to get 'small' traffic. :p I love business, i have ideas, and I go for it.

    Until I have no traffic sources, no money for PPC campaigns, Offline business is my only way to make fast cash.

    It's mentally hard to have this debt on my head. But I can't blame anyone, I started 'live' early age ( businesses and other stuff ) and I failed because of my 'youth madness' hah.
     
    Last edited: May 24, 2012
  12. NemesisITSC

    NemesisITSC Newbie

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    you don't have a goal yet but you'll create a business plan and see what goal you can set?
    dude you're doing this wrong.
    first step is to create a definite goal. write it down. write down what it means to you. write down why you want it. write down what you intend to give back in return for that money.

    this step is crucial.

    after you have done that, find a business plan and stick to it until you have accomplished your goal.

    good luck
     
  13. davisp

    davisp Registered Member

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    Hou hou hou :)

    In the past few days I finished my offline business creation and did one thing with CPA...

    What have I done these past few days:

    Created Offline Business Website
    Created Marketing Materials ( direct mail template, 4x email scripts, 4x Different ads templates, 2x video sales pages, flyer )
    I have ready Bing account with 500$+ on it ( from coupons ), one Adwords account with $160, and one Facebook account with $100 credit.
    All accounts have approved campaigns but for now paused.
    I have built a businesses list which I'm going to approach.

    ------------

    Today I was having long appointment at hospital ( health check-up ) so I haven't done anything good.

    I've created a flyer for LoveFilm offer and printed 200 flyers with my printer. All flyers been distributed in cinemas and malls. No any statistics for this yet. But hoping to get at least few leads! Will update this later.

    For tommorow I have chosen to do a bit flyer marketing. I'm going to promote ebook how to get fuel/patrol cheaper, and I will distribute flyers around the patrol stations and parking places. Talked today with the printing company, they will print my flyers for 25GBP! ( 1000 units )

    That's it for today. Will do a post tommorow about my LoveFilm CPA campaign, maybe will see any success.

    Expenses:
    $9 For Domain
    $8.95 For Hosting
    My printer cartridges

    No profit yet.

    By the way, I have an account in Warriorforum for the past 2 years, more than 600+ posts, so I'm going to find JV ( who have an email list ) and run one WSO. Never did , but I think now it's the time.

    Wish you all a great weekend!
     
  14. davisp

    davisp Registered Member

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    I have a goal. And my goal is to make $100 NET INCOME. I know that Im going to achieve this pretty soon ( And probably on Monday, I'm going to offer services for review price, so its going to be pretty cheap ) but better start from smaller sum than from BIG. When I lost quite good amount of money I wanted to BANK BIG FAST. But now I understand that IM is a long-term game and business.

    Thanks for the tip!
     
  15. healzer

    healzer Jr. Executive VIP Jr. VIP Premium Member

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    Wow, u lost 75k at the age of 18.
    Well All I can say is: Keep doing it! U'll get there only IF YOU DO NOT GIVE UP!
     
  16. Icemantaz

    Icemantaz Registered Member

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    I know some guys that got busted for counterfeit clothing worth around £350k, it was trading standards that busted them and they got locked up. Was it in the uk that u got busted?
     
  17. davisp

    davisp Registered Member

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    Yes in the UK. But I was working alone and never been locked up because of the verbal and written agreements with corporate lawyers probably. I also had to pay 5 grand fine to the court. And a case been closed.

    Its hard to get jail time in these cases. Only second-offenders can get jail time for counterfeit goods.
     
    Last edited: May 25, 2012
  18. ericsson

    ericsson Elite Member Premium Member

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    Also busted from the Burberry Lawyers, total cost of 700$ .. Nothing biggie, but i know the feelings. :)

    Well, good luck with your venture man.
     
  19. Patel

    Patel Senior Member

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    College or University. Spend thousands and thousands to attend, finally graduate, and then you will be a educated man in $75k of debt.

    Edit: Didn't read you said under 18.
     
  20. davisp

    davisp Registered Member

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    Hey all.

    At 9:30 I received 1000 flyers and started handing out, putting on car glasses in parking spots near malls and patrol stations. Just finished. I already see 39 clicks but no sale.

    From yesterday LoveFilm UK promotion, I have 28 clicks and 1 lead. ( that is 20$+ ) I'm going to calculate all income today evening.

    Lets sit,relax and see how many sales will make from today hard work :D