THE REASON YOU STILL HAVEN'T MADE A FULL TIME LIVING IN ONLINE MARKETING
(WHAT I'VE LEARNT FROM INTERVIEWING 19 NEWBIES WHO HAVEN'T MADE IT BIG)
I've just spent the last week interviewing the guys who applied for my internship - all guys who've dabbled a little before but haven't been able to make it work.
It was interesting to talk with all of them and see the commonalities in all their projects that haven't yet taken off.
There was only one real thing that was missing: commitment. Not a lack of knowledge, not a lack of time. It was simply that they didn't go all in.
So many of the guys had started a project. They had an idea, found a niche, and started something. But every single of one them just hadn't pushed it through. They committed a bit, did some work, but when it really came down to the crunch, they didn't commit fully.
Why? I'm guessing because they didn't think it was going to work and so were afraid of putting in so much work and not seeing a return on investment.
But, the fact that they didn't commit 100% was the very reason they didn't see a return on investment.
They half arsed it, produced something pretty average, didn't push all the angles they could find, and then gave up when things got tough. And because of that, the project eventually failed. From our conversations, the only reason I could see that I made $XXX,XXX last year and they didn't was that I committed 100% to the projects I was doing and was willing to take a risk on them whilst they gave up when things got tough.
Just to give you an example:
The current project I'm working on has been going for three months now. We've got 3 full-time staff, 3 permanent part time virtual assistants in various roles, 3 writers, and we're about to take on another three staff. That's on top of the work my business partner and I have been doing to build the project.
Our expenses so far are around $9k and we've only just hit the point where our weekly revenues are starting to cover our weekly expenses. As the revenues increase, we're scaling as fast as we can so we don't expect to break even for another two months or so.
But, the eventually payoff? Easy 6 figures a month.
This is the same as what happened with the last big project I was working on and we were making 6 figures a month by month 7.
This what I mean by commitment - going all in, committing right from the start, and giving it everything. Not just throwing up a shitty WordPress site on free hosting with a free template, writing some shitty, under-optimised copy, purchasing some bullshit link wheels from fiverr, and giving up when nothing happens.
You have to commit and you have to commit hard.
If you don't give a project 100% because you're worried that you won't see a return on investment then I can guarantee you that you won't see a return on your investment.
Your project will fail, you'll feel like a failure, you'll think internet marketing is too hard and give it up - all because you didn't give it what was needed to make it work.
"But I don't have the money to do this!"
That excuse is bullshit. Not a dollar spent of the $9k we've gone through so far has been spent on something I couldn't do and you can't learn.
You can learn to write articles. You can learn to edit WordPress templates. You can learn how to optimise your out reach process. You can learn to throw something together in Photoshop that'll pass as an infograph.
You can learn everything you need to know to make a project blow up but you have to commit 100%. You don't have to spend thousands to grow something. $20 a month on semi-decent hosting and a $50 WordPress template is enough to make a site look big-brand. Everything else you can do yourself with a little commitment and a decision that you're going to make this work, whatever it takes.
So, before you do anything else today, take 10 minutes to think about this:
1. What's one project you started that was kind of successful but didn't get the results you wanted?
2. What are the different elements you'd have to change to make that a top level, well executed, 100% professional project that was pushed to the limit in all avenues?
3. What's one thing you can do / learn today to take it there?
If you want to make a full time living in online marketing, you have to commit. You have to give it everything.
If you don't commit you're worried you won't see a return on your investment then I can guarantee you that you'll never see a return on your investment. Ever.
So, get up off your arse, get your head in the game, and make something happen.