LMFAO, are you an affiliate because I don't sweat at all when I start a campaign? All i do is press F5. Oh did you Forget about autopilot also?
130k Cash: Should I build 4k MFA's on sand, again?
- Thread starter clyde
- Start date
LMFAO, are you an affiliate because I don't sweat at all when I start a campaign? All i do is press F5. Oh did you Forget about autopilot also?
If you go ahead with MFA's, this could make you save good money on hosting:
Running Micro-Sites and Reducing Hosting Costs
Running Micro-Sites and Reducing Hosting Costs
Code:
http://searchmarketingtalk.com/blog/seo/003157/
lukep said:
Disagree 100% with your fantastic 200% disagreement. :updown: (In fact 200% sounds like we're in complete agreement again...)
1). I'd never do support myself. (Again... Yes I learned the hard way.)
2.) Any employee you hire is someone you have to 'support.' -Job training, payroll, QA, even office chit chat are all added responsibilities you could call support. They can easily make a full-time manager out of you.
Think of the ROI in both time and money. MFA=Time costs up front but not much money. Then it goes nearly hands-free for years and years, assuming you built it well. This is a very high ROI, in both time and money.
Meanwhile, selling a product of yours = Time costs up front in development, then ongoing for as long as you sell it, supporting at least an employee if not your affiliates or worse, customers. Then, how long will it be a 'hot product?' In five years is this same project making you good coin?
My 5-year old Adsense farm never took a real beating. The perform like the dow jones, lots of ups and downs but as a group they still perform admirably... All nearly hands free.
-And I answer to no one but google for them. -Not a very talkative bunch.
You said you wouldn't drop 130k on an ecomm site because if the GOOG changes it algo you could slide down to $0/day income, just because your MFA sites are in different niches doesn't mean that a similar slap couldn't cause them to all go down to $0/day either.
You need to start thinking of all of your MFA sites as one entity I think and that way you should be able to conceptualize the risk you are taking a bit better.
I'm by no means saying you shouldn't be making more MFA sites since it seems like you've got it down pretty well, but there's no way you need to drop $130k in one hit anyways so maybe set aside $30k or so for your MFA sites and then put the other $100k in a bank account or invest it in an existing property or start a new property and do some serious link building to it.
You need to start thinking of all of your MFA sites as one entity I think and that way you should be able to conceptualize the risk you are taking a bit better.
I'm by no means saying you shouldn't be making more MFA sites since it seems like you've got it down pretty well, but there's no way you need to drop $130k in one hit anyways so maybe set aside $30k or so for your MFA sites and then put the other $100k in a bank account or invest it in an existing property or start a new property and do some serious link building to it.
Obviously everyone's experience is different.
I currently have 3 primary "money" sites and each has a single support person. They have all worked for me (remotely) between 2-5 years, and I talk to them each an average of 1 time a month for about 30 minutes.
I could replicate this 100 times (and be making 8 figures a month) before I got anywhere near being a "full-time manager." Obviously when it got to be more than an hour or two a week I would just hire someone else to do THAT for me too.
Couple of thoughts here ...
1. You can make bank arbitraging offers ... you don't even need your own actual product. Create a relatively low paying lead gen offer that affiliates trip over themselves to promote, and feed those leads into a higher paying offer or sales funnel and boom. There are dozens of ways to slice it without having to actually create your own products.
2. Done right the above can make more in a month than an MFA farm can make in a year.
Different strokes for different folks. I've honestly been tempted to create a ton of MFA sites (with a twist) just to see what might happen, but just can't convince myself it's worth the effort. I'd love someone like you to fill in the missing pieces, maybe we'll meetup at an event one day and argue over a beer.
Sweet! I'm starting to get jealous...
But what's stopping you from duplicating it 100 times? 8 figures a month would not suck in the least.
I was kinda including this type of product sales in with the sell-your-own-product model. I know it's not black and white but for support's sake it seems to be this and own-product-sales on one side of the fence with affiliate marketing and MFA farming on the other.
Ahh, I'm not convinced on this one... They certainly can pay off in big bursts, but I've had a couple of years of my adsense farms pay me (each year) far more than I believe most product-launching fools are raking in after affiliate costs... So I'm (at least for now) convinced that overall project ROI would favor the adsense farm.
As a #1 affiliate in a couple of decent-sized clickbank launch contests, I saw exactly how much the product creator made each time and he was very envious of my paychecks. Nowadays I don't even use my Aweber lists anymore because it's too much work to write often and keep my lists appeased/cleaned/responsive/building.
Perhaps so. I'd love to hear about the biz model where you can trust someone else to run it for you while only talking to them 30 minutes a month. -That's some powerful voodoo.Different strokes for different folks. I've honestly been tempted to create a ton of MFA sites (with a twist) just to see what might happen, but just can't convince myself it's worth the effort. I'd love someone like you to fill in the missing pieces, maybe we'll meetup at an event one day and argue over a beer.
Obviously everyone's experience is different.
I currently have 3 primary "money" sites and each has a single support person. They have all worked for me (remotely) between 2-5 years, and I talk to them each an average of 1 time a month for about 30 minutes.
I could replicate this 100 times (and be making 8 figures a month) before I got anywhere near being a "full-time manager." Obviously when it got to be more than an hour or two a week I would just hire someone else to do THAT for me too.
Couple of thoughts here ...
1. You can make bank arbitraging offers ... you don't even need your own actual product. Create a relatively low paying lead gen offer that affiliates trip over themselves to promote, and feed those leads into a higher paying offer or sales funnel and boom. There are dozens of ways to slice it without having to actually create your own products.
2. Done right the above can make more in a month than an MFA farm can make in a year.
Different strokes for different folks. I've honestly been tempted to create a ton of MFA sites (with a twist) just to see what might happen, but just can't convince myself it's worth the effort. I'd love someone like you to fill in the missing pieces, maybe we'll meetup at an event one day and argue over a beer.
You say this as if I could just jump into it with no experience. The MFA's is the only way I know to make money. It's a method I've perfected for a year now and I've flopped about 500 sites before I got it right.
Out of curiosity, why aren't you scaling up what you're doing to make 8 figures/month? I could (hypothetically) replicate the MFA's 1000000 times too and make 10 figures/month lol.
I like how you say "done right" but we all know it's not that simple. Or maybe it is and the general population is just clueless.
"Hey, just make a 1 million dollar product on CB instead. You'd be better off, ONLY if you do it right."
Easier said than done mate.
You too, could make a billion dollars a month. Just start the next Apple and Microsoft and create a hybrid machine and sell it to the world population. Outsource everything and you will only have to work 1 hour per day. (yes we all read 4-hour workweek here).
See how I'm instantly a guru now?
Thanks for the advice, though.
I already have way more than I need, and even if I didn't, I don't have the personality to handle creating 100 sites in the same niche. Too boring.
I guess my only real point is that support is a non-issue. I haven't done support in many, many years. None of the business owners I know do support either. Just pointing out that worrying about support and using that as an argument against creating your own product is not really valid.
I would bet against this, but the only way to know would be to get the top MFA farm guys to compare numbers with the top product creators and we know that's not going to happen.
I guess I would only point out that there are lots of well known sites and offers that net the owner 6-7 figures a month (the top clickbank products all do this, as do all of the top CPA offers, etc.)
How many MFA farm owners do you know that make that much?
You highlighted the fact that most offers fizzle out after awhile, which is true. But I think you'd be surprised at how much money some of these sites still make years after they are initially launched.
Either way, Clickbank alone has had HUNDREDS of sites/offers that have netted the owner at least one million dollars or more.
How many MFA farm owners do you know that have made even $1 mil??
I can't really comment here without getting specific, but I will say that if the owners of the products you were promoting were jealous of YOUR paychecks then they are doing something seriously wrong. Any successful vendor (Clickbank or otherwise) will tell you that they are not jealous of how much their affiliates are making, for several reasons.
This one is easy. Find great people and overpay them. The end.
I was just offering another alternative. I don't know you, and had no idea what skills you have or your interest in learning new skills, etc.
I was just making a suggestion that you might want to consider doing something to build real assets or a "real" business - because it's something I wish I had done a lot sooner and probably the only real regret I can think of.
You seem to have made up your mind about the question that you asked to start this thread, so I won't try to convince you otherwise.
I already have more than I need and I'm sick as hell of what I do. I'm going to work as little as humanly possible until I stumble across the next project that excites me.
Well I think it pretty much goes without saying. I don't know why I threw that in there - not trying to be "sneaky" or anything. Obviously to be successful at anything - including making MFA sites - you have to do it "right".
Um yeah I would agree with this. The general population is clueless. That's putting it nicely actually.
Good luck with your MFA sites. Again the only reason I chimed in on this thread is because as I said the one regret I have is that I didn't focus on building real assets and real businesses sooner than I did. Hopefully you won't have the same regret in 5 years ...
... and even if you do, hopefully you'll make a shit ton with your MFA sites in the meantime.
The corp behind MFA findmoney.com do 2 millions/day AdWords spent and are behind top Aff Networks such as Convert2media, Azoogle etc.
and yes, they've made 1 million from MFA's thru AdSense..
Thanks for the kind words. You're right about diversifying into "real" businesses though but most of the online stuff depend on something else so my plan is to take the money offline. (MFA's depend on Google, products depend on affiliates, affiliates depend on Google, Facebook review team etc)
You're sick of doing what you do?
Well you're in luck, teach me what you do and I'll do it for you!
Everything "depends" on something. What are you going to invest in offline that doesn't depend on something else?
Also, just so you know, you are making very broad generalizations that simply aren't true.
Selling your own product does not depend on affiliates. It doesn't depend on Google or Facebook either. It doesn't depend on anything but your ability to make an offer that entices people to buy something in a way that's profitable for you. It's honestly not rocket science - people have been doing it for 1000s of years.
If you want to get other people to promote your stuff online, as I said before, all you need to do is create an offer that generates EPCs that are roughly equal to or ideally higher than your competitors' offers.
Do this and affiliates will beg to promote your product.
Being successful with your own product is 100% under your control. The only thing it "depends" on is YOU.
Peace out.
Also, just so you know, you are making very broad generalizations that simply aren't true.
Selling your own product does not depend on affiliates. It doesn't depend on Google or Facebook either. It doesn't depend on anything but your ability to make an offer that entices people to buy something in a way that's profitable for you. It's honestly not rocket science - people have been doing it for 1000s of years.
If you want to get other people to promote your stuff online, as I said before, all you need to do is create an offer that generates EPCs that are roughly equal to or ideally higher than your competitors' offers.
Do this and affiliates will beg to promote your product.
Being successful with your own product is 100% under your control. The only thing it "depends" on is YOU.
Peace out.
Everything "depends" on something. What are you going to invest in offline that doesn't depend on something else?
Also, just so you know, you are making very broad generalizations that simply aren't true.
Selling your own product does not depend on affiliates. It doesn't depend on Google or Facebook either. It doesn't depend on anything but your ability to make an offer that entices people to buy something in a way that's profitable for you. It's honestly not rocket science - people have been doing it for 1000s of years.
If you want to get other people to promote your stuff online, as I said before, all you need to do is create an offer that generates EPCs that are roughly equal to or ideally higher than your competitors' offers.
Do this and affiliates will beg to promote your product.
Being successful with your own product is 100% under your control. The only thing it "depends" on is YOU.
Peace out.
The only thing it depends on is myself? Are you Bob Proctor?
I was talking within real world context, not some made-believe WaFo dream.
An example, CB products depend on clickbank.com availability, if clickbank gets DDOS'ed or start banning affiliates from Malaysia (they've done it in the past FYI) then that's a million dollar income down the drain for no good reason.
The same can be said about almost everything online. TheBestSpinner depends on the spyntax dictionary, most keyword tools depend on GAKT, most hosting companies depend on the servers they reselling etc.
Offline stuff are more reliable, and of course, only "if you know what you're doing".
Ok I think this is getting somewhat silly now.
Seriously dude, you are just sabotaging yourself.
Clickbank hasn't been DDOS'ed in any meaningful way in 10 years. And if they were, they would have the problem rectified just as quickly as any other site that processes millions of dollars in transactions per day. So you make a little less money that week ... it would be a non-issue.
As far as banning affiliates from Malaysia I don't know what that has to do with anything. No offense to anyone from Malaysia but 99% of my affiliate sales are generated by people NOT in Malaysia and I don't really care about Malaysia one way or another.
Now you want to talk about online vs. offline with the blanket generalization that "offline stuff are more reliable"? I'm not even gonna go there lol.
You seem to have your mind made up on certain things, no sense in continuing.
Seriously dude, you are just sabotaging yourself.
Clickbank hasn't been DDOS'ed in any meaningful way in 10 years. And if they were, they would have the problem rectified just as quickly as any other site that processes millions of dollars in transactions per day. So you make a little less money that week ... it would be a non-issue.
As far as banning affiliates from Malaysia I don't know what that has to do with anything. No offense to anyone from Malaysia but 99% of my affiliate sales are generated by people NOT in Malaysia and I don't really care about Malaysia one way or another.
Now you want to talk about online vs. offline with the blanket generalization that "offline stuff are more reliable"? I'm not even gonna go there lol.
You seem to have your mind made up on certain things, no sense in continuing.
I'm pretty convinced this kid is a lie. A couple months ago he had no sites and no money. Now, he has 200, but he made 500 as he said in this thread now... Just leave, pointless bicker.
Ok I think this is getting somewhat silly now.
Seriously dude, you are just sabotaging yourself.
Clickbank hasn't been DDOS'ed in any meaningful way in 10 years. And if they were, they would have the problem rectified just as quickly as any other site that processes millions of dollars in transactions per day. So you make a little less money that week ... it would be a non-issue.
As far as banning affiliates from Malaysia I don't know what that has to do with anything. No offense to anyone from Malaysia but 99% of my affiliate sales are generated by people NOT in Malaysia and I don't really care about Malaysia one way or another.
Now you want to talk about online vs. offline with the blanket generalization that "offline stuff are more reliable"? I'm not even gonna go there lol.
You seem to have your mind made up on certain things, no sense in continuing.
Ok I think this is getting somewhat silly now.
Seriously dude, you are just sabotaging yourself.
Clickbank hasn't been DDOS'ed in any meaningful way in 10 years. And if they were, they would have the problem rectified just as quickly as any other site that processes millions of dollars in transactions per day. So you make a little less money that week ... it would be a non-issue.
As far as banning affiliates from Malaysia I don't know what that has to do with anything. No offense to anyone from Malaysia but 99% of my affiliate sales are generated by people NOT in Malaysia and I don't really care about Malaysia one way or another.
Now you want to talk about online vs. offline with the blanket generalization that "offline stuff are more reliable"? I'm not even gonna go there lol.
You seem to have your mind made up on certain things, no sense in continuing.
So what you're saying is instead of scaling up what already is making me money for the past year I should venture into CB, something I know nothing about because creating e-books is a "real" business as opposed to creating valuable content for FREE online? and none of the external factors matter because ultimately I'm the ultimate decid0r of my own success?
and because John Reese made a million dollar this one time for this one product and there are 100's of people making more than what I make on CB I will automatically make the same amount of money by envisioning it on a board?
Is this correct?
Just making sure.