How To Get to The Next Level
How To Get to The Next Level (Part 1)
A lot of people think they can start an online business today and be a millionaire tomorrow.
Reality is not like that. There is no magic button.
You have to build a business step by step. It takes work and focus.
You make $1, then $10, then $100 and so on.
I started with a clickbank product that built my first list of 1000ish and had a few $1000 of sales spread over a couple of years. It’s a good way to start but you need some good affiliates.
Make a plan. Break it down into managable segments and decide what you will do when and then stick to it.
I prefer to do something every day on my current plan however small. Do this and you will reach your target.
If you can’t get them I build a list using JV Giveaways and then follow with adswaps.
Just have affiliate banners on your thank you pages, downoad pages, and in your email signature.
That’s where most of my current sales come from.
I’m currently (August 2010) have sales of 4 figure sales per month and am adding 1000+ subscribers per month (now reached 11,200).
Notice I have 4 figure ‘sales’, not I ‘make’ 4 figures – you have to allow for expenses – most product sales letters do not do this and so are misleading. Anyone can get sales of $10,000 per month by spending $20,000.
What will I do to get to the next level?
I’m building a new membership site with tools to automate an online business. I’m developing them and
using them myself as I go along.
The basic level will be free with various paid higher levels.
One change I am making is to set higher targets.
I used to set fairly easy to reach targets because I prefered of the positive effect of reaching them compared to the negative effect of falling short.
Now I am changing to set a high target and a minimum target.
This is so I battle to reach those targets and ultimately achieve more even if I fall a little short of them.
So here are my new targets
3 Months
List Size: High target 20,000, Min Target 17,000
Sales: High target $5,000/month Min Target $2,500/month
5 Months (end of 2010)
List Size: High target 26,000, Min Target 21,000
Sales : High target $10,000/month Min Target $5,000/month
I’m going to keep this post sticky and add to it showing my progress getting to 5 figures per month….
(This post is part of the 100 blog comment challenge
http://creatingmybusinessonline.com/the-100-blog-comment-challenge/)
SEPTEMBER UPDATE
It’s been a lot of work but the site I mentioned in this post has now launched
http://www.pushbuttongiveaways.com
It’s to make joining Giveways as easy as possible.
I already have 165 members after just over a week
Filed under: General
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Hi Keith
This is a very encouraging post for me. I shall be paying close attention as you make progress towards your outcome.
Hopefully I can grow and monetize my own list as a result.
Enjoy the challenge.
All the best
Eamon
Hi Keith
Hey, I finally reached you in the Challenge, I think I only have around another 40 to visit!
This is a great post, your list has certainly come on in leaps and bounds this year, well done.
Good luck with your membership site, I’m looking forward to it being ready to launch.
See you back at the WebsiteWealthWizards.com forum
Warm Regards
Lynn
.-= LynnN@Online Auction Ideas´s last blog ..Selling Used Textbooks on eBay and Amazon =-.
Hey Keith
Your plans put me to shame!
I actually don’t want to earn anywhere near what your earning.
If I can just make a steady $2k online that will be enough for me.
Perhaps I lack ambition ha ha, dunno, but I would be happy to reach that goal.
Good luck with yours, will be nice to watch your progress,
Sally
.-= Sally @ blog hopping queen´s last blog ..Writing Testimonials Benefit You Too =-.
Hi, Keith,
I like your idea of a high target and a minimum target. That makes is better and easier to achieve. If the target is too high, but sounds good it still won’t happen. And if the goal is too small that won’t help me grow my business. I love your info. I’m using it too.
Thanks for sharing,
Fran T
.-= Fran T´s last blog ..Nopalea and My Knee =-.
Keith:
What do you mean there’s no magic button? I have been told by many of marketers than I can make millions overnight and now you have burst my bubble (I hope you detect the sarcasm).
The is an excellent post of outlining your plan. I helps newbies like me to see an outline of getting to the next level.
I’ve been involved in Giveaway events the past few months and my list is still right below 100. I also sometimes have a hard time getting people to join the Giveaways so I can continue as a Contributor. Any suggestions?
Thanks for sharing!
- Rick
.-= Rick Byrd´s last blog ..Business Ethics – Is There Such a Thing =-.
Hi Keith,
What do you mean I can’t become a millionaire overnight? (LOL)
Joking apart that’s “the promise” most people fall for when starting online which is why most give up or jump onto the next big thing.
It’s extremely refreshing that the people I have met during the 100 blog comment challenge are all of the same mind.
Honest people creating online businesses with passion no hype or fluff just telling it as it while helping others do the same.
Well done and congratulations on your success so far and good luck with the membership site
To your success
Michelle
Hi Keith
You give some great advice – especially that you can’t become a millionaire online overnight. I’m sure looking forward to your new membership site
Gwen
via 100 Comments Challenge
Hi Keith,
Wow! You have some high targets set for yourself. Of course, at my experience level (pretty much newbie) it may just seem huge.
At any rate, do you set daily goals to reach your target?
I will keep up with your progress. I feel more empowered by reading your post.
Thanks,
Kat
.-= Kat@eBayLearning, learning to sell on eBay, selling cars on eBay Motors, learning to eBay´s last blog ..10 Tips to Buying Cars on eBay Motors =-.
Hi Keith,
As the wisdom goes, ‘A h=journet of a thousand miles starts with a single step’
This looks like great advise with the additional caveat, that you need to keep going forwards to build on past successes.
Great post
John
Author of ‘Sticky Memory’
http://johnedler.com/blog/sticky-memory-have-i-coined-a-new-term-/?/html
Hi Keith!
The part about making a plan, break it down into steps and then stick to it is so so soooo important. I think that’s where most people get hung up – and I certainly get hung up there myself! It’s too easy to give up when the going gets tough, instead of sticking with it and pushing through to the other side.
And really cool to see some of your numbers! I love it when Internet marketers are transparent about their numbers and stats like that.
.-= Jess Webb´s last blog ..How to Install and Set Up the Follow Me Plugin for WordPress =-.
Hey Keith,
Good advice, you have a business plan that many others do not. There is no get rich scheme unless you win the lottery and even then the odds are not good.
During the dot com boom only the savvy made real money from it, most speculators are refered to as “Pigs” by those in the know (they come to feed from the troff). Diving in is not the way to sustained wealth (finacial or otherwise).
Your blog was one of the first I subscribed to
All the best
Vince
Hi Keith,
I’ve been hopping my heart out trying to get to all these blogs to honor my commitment to this challenge. I still have a lot of ground to cover so I can leave a comment.
Have a good one.
Enjoy the Challenge.
Mike
Hi Keith,
Thanks for sharing with us your work and goals. I would love to follow up and see how you build your empire. As I haven’t yet gotten into listbuilding, all the resources I’m finding are invaluable. See you on the 100th comments!
.-= Thu Nguyen@BloggingFor´s last blog ..The Complete Helium Report REVIEW by Bob Younce of The Writing Journey =-.
Keith, thanks for your honest sharing. It is rare indeed to see it laid out, warts and all. I like the way you can tell anyone how to make $10,000 a month – by spending $20,000
.-= Michael Pedzotti´s last blog ..Guess who is guest posting =-.
Hi Keith,
I like the way you mapped your plan with monthly goals.. short and sweet. keep us posted on your progress…if you have the time. Looks like your system works great… Congratulations! Stopped by on my 11th hour visit for the 100 comment challenge.
Best,
Elizabeth
.-= ElizOF´s last blog ..Yoga Love- Learn to Add Balance to Your Life… =-.
Hi Keith,
I enjoyed your post very much. I’m new to internet marketing. You are absolutely right. There is no get rich overnight trick. I have found there is a huge amount of information out here. Although I have had more success making affiliate sales than the average person starting out, I know that is not the norm. My mentor has been sharing multiple strategies that I have had quite a bit of success. I must admit, I still find myself feeling like my brain is fried! Can you say information overload? lol! I really liked your post because you shared your knowledge as well as honesty. It does take persistence to be successful in this arena. Thanks again for the post!
Much Success,
Lorina Noble
Miss Mindset Makeover
Millionaire Mindset
.-= Lorina Noble´s last blog ..Mobile Monopoly Results =-.
Hi Keith
A very rare and honest summary of running an online information business. You certainly seem to be heading in the right direction and are a great example to all us newbies that have high hopes of making some dosh in this business.
Regards
Bill
Hi Keith,
Nice post and a great idea about raising your targets as your business progresses.
Many of us fall into the trap of setting very easy to meet targets and then giving ourselves a pat on the back when we reach them but this does not do a great deal for our business or a our bottom line so it is far better to set a range of targetes like you have that are harder to meet but if met will give you far greater rewewards and grwo your business many times faster!
Regards,
Steve Wilkins.
.-= Steven Wilkins´s last blog ..Who’s making money from the wheelie bin cat story =-.
Hi Keith,
What a great and insightful article on how to increase target of a successful business. It good to read a post that teaches and suggest the right thing to do as well. I believe having a business plan is the kind of idea that every person must put into consideration.
Hi Keith,
Very encouraging to hear of your progress. It does take some time and definitely effort but hearing where you are makes it feel more achievable.
I’ll be anxious to hear more about your membership program so I’m bookmarking your site and will be signing up here for updates too!
I started my list with the giveaway events and then adswaps.
The trick to succeeding at any methods seems to be “Determination over Distraction and consistency!”
Take care,
Sally
.-= Sally´s last blog ..Sneaky Affiliate Tricks =-.
Hi Keith
Just thought I would come back and check out some of the blogs I checked out in August. That seems a long time ago now. Did you get all the comments you needed in the required time?
Like to let you know I have finished my course with Mark Terrell and I thoroughly enjoyed it. I was looking forward to a break but instead it looks like I have to put my new found skills to use and launch a physical product in the next four weeks.
So I hope all is going well for you and you are achieving what you set out to do.
To your continued success
Sue
.-= Sue McDonald´s last blog ..Another Week =-.
Another great way to grow your list rapidly is do some solo ads.
Find someone with a responsive list and reliable track record. Check them out by signing up to their list. This way you get to see just how they deliver.
Do one of these a month and your list size can explode. Plenty of places to find solo ads. I won’t put any links on here out of respect to Keith.
Try it though.
Andy Beveridge
.-= Andy@PowerBlog´s last blog ..Four Power Tips For PLR Cash =-.
Your post is very informative and idea of promoting a product or service by creating a service around it is great.
Thanks for telling us about multiple profit websites and you are also offering to support it. It is fantastic offer and I beleive it is worth considering.
I will definitely check it out.
Take care
Great blog post – some great wisdom – it goes without saying that its important to offer the RIGHT thing at the RIGHT time to the RIGHT audience, thats what marketing is all about.
…And in this blog post you appear to describe this well
Hey, great post – I am a web designer and developer, on a day-to-day basis I work in a variety of projects for a broad range of different clients all wanting different styles. Recently I designed a minimalist website for one of my clients which looked great…
The main problem is that we live in an information overload world. Everyone on a daily basis gets bombarded with adverts telling them the next best thing. It becomes so easy to lose focus and forget the real basics of Internet marketing.
Hi Keith,
I enjoyed this post. Most people don’t share facts and figures on their business, until they’ve reached “GURU” status.
This is immensely helpful. I’d love to learn more about PUSH BUTTON GIVEAWAYS, and how I can support as an affiliate. I’ve already signed up.
I have some concerns about doing AdSwaps, though. I’m emailing my list about 3x/week, with at least one personal message from me, and then 1-2 affiliate emails.
I’m concerned about putting many more “selling” emails into my marketing funnel at this point. But with my list still being at about 400, the return on an AdSwap is low. I imagine that the higher return you can get from an AdSwap when you have a few thousand, might make them more worthwhile.
I’d love to learn about the “automate your business” tools that you’re building as well! But I imagine your focus is Push Button Giveaways for now… so I’m glad to help with that, however I can.
Best wishes,
Bolaji O.
Well currently i am also looking for some online service in which i can some money. i study so many site which ask some money at the first before joining any plan. i don`t know why they want such money is their any site which can help me to earn money with any initial investment.
It’s true a lot of people believe starting a business today will make them money tomorrow. But it’s also true a lot more people fail to start a business simply because they think otherwise. Which option is better? I certainly believe the first one is preferable as it offers you the chance to learn from your mistakes. While the first one just lets you stay coward.
Claire@How to remove House Mold´s last [type] ..Black Mold Removal