Online Secrets: A Millionaire - Part 3

I believe that these lessons can separate the “haves” from the “have-nots”.

As I ventured online and into Internet Marketing, other people became severely important to me. I realized that my success online could be tied to how well I build relationships.

Once again, I learned I can make money and do just fine all on my own. But getting other people to work for me is far more advantageous.

So, I began outsourcing work to others. I began building relationships with like minded people. My learning curve skyrocketed and my results grew faster.

Here again, with Internet marketing, it’s important to keep the old man’s lessons in mind. Recruiting affiliates, JV with others, growing key relationships, and so on all contribute to higher success.

Also, your belief in yourself is directly connected to the action you take. If you really, really believe in yourself and have a high level of confidence, you are more apt to take the initiative or specific action.

The old man did indeed have some valuable lessons to teach even after a few beers. :)

Niche Marketing: Relationship Products

I have mentioned this industry already. It is true that relationship products tend to sell pretty well online. People are always looking for information on how to better their love life or relationship struggles.

This industry is wide and can be narrowed down further and further. Find some forums where relationships are discussed and you are bound to find some ideas on products.

People have abusive relationships, boring relationships, jealousy, anger, bad habits, money problems, communication problems, and so on.

Appealing to these serious emotions with an informational product can be a winner in marketing. There will always be a market for relationship products.

Online Secrets: A Millionaire - Part 2

Then, I decided to run some ads in the paper and pay people a small commission. I was shocked by how many people I got to come on board with me on a full commission basis.

It did not take long for me to realize that I was making more money off several of my employee’s sales… than my own. I figured out quick that 10 people could out sell me.

That’s what the old millionaire meant huh? Well, there’s more to it!

Later on, I talked with my salespeople and asked them why they were willing to come on board for full commission and work for some “20something” year old. They said it was because I was passionate and they wanted to be a part of what I was doing.

I ended up getting out of that business and starting a new one. I started an advertising & marketing company. It is what I majored in and always wanted to pursue marketing.

I started this company the same way and quickly hired full commission people. This company grew fast. It grew too fast. I was reaching several hundred thousands of dollars per year.

Then, I hit a financial crisis. I needed money to keep up and grow properly. I needed investors. I was a bit intimidated going after investors though. I mean, these people are already rich and successful right?

I ended up getting investors and realized once again, that this is another example of other people working for me.

It was also another example of people expressing that they were interested in me because of my passion.

My point about having passion is that people are attracted to those who are confident… and have the passion or conviction to do the uncommon.

Fortune really does favor the bold. And, if you can pursue something you want with passion and confidence, the world moves out of the way for you.

That old man, the millionaire, really had some good lessons and those lessons have become true in many different ways. He said that I had to believe in myself. Nobody else would do it for me. It was up to me to believe in myself and take action.

To be continued...

Niche Marketing: Making Money Products

These products are incredibly competitive. It’s almost too competitive and many online making gurus will preach don’t sell them. They want you to stay away from them and find a niche in some other industry.

This may be true… and especially for newbies. New people to the Internet Marketing scene, who have not learned all the true techniques or paid their dues, may find it incredibly difficult to generate great results within this “money making” industry.

They may not have the money to compete. They may not have the tenacity to stick to it for the long haul or be able to handle the frustration that comes with building a reputation or even traffic.

They could sell some products… but maybe not enough to really make a big difference in their financial status. You see, it takes a while to build a reputation and consistently be able to sell products on “making money”. It can be done. I merely feel that one must have the patience and deep desire to stick it out.

I venture onto Internet Marketing forums all across the web. Everywhere I go, I see people frustrated, ready to call it quits, and desperate for guru mentors to show them what they are missing on their pathway to riches.
Each one of these struggling marketers is trying to “make it” selling an Internet Marketing product and it’s usually spelled out right there in their forum signatures.

Perhaps, if they put the same amount of effort into selling a niche informational product as they do these Internet Marketing products, they’d have a different tune…

They are hanging out in marketing forums when they could be hanging out in “child custody or divorce forums” as an example.

If one must sell a marketing product or money making product, I recommend they invest much of their time actively building relationships with other marketers who have a reputation.

That can be done on various Internet Marketing and Money Making Forums.

Creating joint ventures could be what they need in order to break into the scene and build the necessary reputation it takes to succeed selling money making products.

If you are going to sell a marketing product, I recommend you do your due diligence on learning everything you can about orchestrating joint ventures. The leverage joint ventures provide could be” just what the guru ordered” in succeeding with marketing products.

One last twist is that “money making” products do reach a hungry market who is somewhat obsessed with breaking through to financial freedom. If you are able to reach enough people, money making products meet all the requirements of a hungry market that spends money over and over again.

Online Secrets: A Millionaire - Part 1

I met a millionaire many years ago. I was very young at the time. I was very ambitious and wanted everything the world had to offer.

He had a summer fishing house in the same neighborhood I lived. For most of my years living there, I never saw anyone at his house.

It was a big house right on the bay. It had tennis courts, a boat house, beautiful landscaping, a swimming pool and one of those long wrap around driveways.

When I finally saw someone there, I took the opportunity to walk over and introduce myself. The old man was wearing a large fishing hat and had a beer in his hand.

I told him that I wanted to have a house like his one day. In an abrupt manner, he said, “you can do it”! I was a little taken back at first and thought perhaps he had been drinking too much beer.

He asked me how I planned on getting a house like his. I did not have a real answer of course. However I did respond by telling him that I did not know right at the moment how I would have a house like his but that I would in deed have one some day in the future.

He said, well if you want a big house like this one day, and you want to be rich, keep this in mind: it takes other people.

He went on to explain what he meant and added that no matter what, I would make as much money equal to how high I believed in myself.

The more I believed in myself, the more money I would make. The more people I had working for me, the more money I would make.

Those were his lessons to me. I always kept his lessons in mind. I thought I fully understood what he expressed.

As I got older, I started my own small business selling a telecommunication service. I was a good salesperson. I could not really afford to hire anyone else, so I was sort of a one man show. I had created an independent job per say.

To be continued...