In this business $1k/day is a good start... but nowhere close to endgoal.
In this business $1k/day is a good start... but nowhere close to endgoal.
I don't know why no one mentioned it but $1k day? In this business $1k/day is a good start... but nowhere close to endgoal. Think about it at $1k you'll need to consistently be making that for 3 years to get $1mil - that's if you don't spend a dime of it. Personally i don't consider that "success" or any milestone that'd indicate I can move on. Just grind harder, get some real cash, and when you're there you'll know what to do with it trust me.
who the fuck are you to tell me what my end goal should be? some people can find meaning in things that don't require money. in fact if your criteria for a worthy life includes sports cars or yachts then I can safely say that you're retarded.
It's a mindset problem.
Affiliate marketing is often (for the most part) just an extremely well paid job, with the illusion of working for yourself. The people making the real money are the guys who run the offers, and take a cut from the X affiliates they have on board.
Expand your horizons beyond IM. Start a business with someone who has traditional experience (e.g. in the manufacturing industry) and use content marketing to take the product to market. There's tons of old industries out there where all you need to do is invest in some marketing automation software, start blogging a few times a week, build a few links, write a few eGuides & develop a few brochures. You'll pick up a ton of leads. 7 figure leads.
Last week I met with a company that's a value added reseller for an expensive (7 figure) system installed in factories & warehouses. They make a lot on each system they sell -- they're effectively a sales organisation. There's tons of opps out there just like that, where they can sell expensive systems, but don't have a route to market. All they know is sales.
A lot of skill in AM is misspent trying to compete on the most competitive terms on the net -- the standard: health, wealth, etc stuff that everyone jumps into. Think out of the box and find unsexy B2B industries where you won't be competing against hundreds of other IM's.
You'll soon stop measuring your income in $k/day, and start thinking like an owner.
$1k a day isn't success. You've made $1000, that day. Tomorrow you might make $50.
So I wouldn't have thought retiring is on the cards just because you make a few thousand dollars a day for a few days or weeks.
What's next is when you have real assets paying you defensible income, i.e. rent, dividends, salary from your real company that has isn't just arbitrage.
Something I've been thinking about lately is why I got into this business in the first place and what I'd do once my campaigns become profitable.
Something I'm curious to learn more is when an internet marketer is making, say, $1000/day in profit (or more), and if it's more than enough to meet their monthly living expenses... what exactly do they do with the rest of the money they earn?
Do they create other campaigns?... do they invest in other businesses?... do they invest in real estate? What do they do with their earnings.
I can definitely understand it takes quite a bit of time and practice before you start making real big profits in online marketing. And my thought process is when I make $X of dollars in profit a month I can take what's left over and invest it in something like real estate, or another business.
I'm wondering, is this a pipe dream or are other internet marketers doing this? You never heard what to do once you've made money, how do you keep it and how do you invest it to further perpetuate your wealth.
Would love to hear insights from internet marketers who can provide insights on this.