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The realities of earning $10,000 + a month online or in business in general
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the-dream Offline
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Post: #76
RE: The realities of earning $10,000 + a month online or in business in general
(09-21-2018 01:00 PM)nomadbrah Wrote:  
(09-21-2018 12:45 PM)the-dream Wrote:  Can anyone recommend a good forum about making money online? BlackHatWorld a few years back was really good and the best one I know now is the Entrepreneur subreddit which is ok but people are generally quite vague and cliche and "politically correct", not really talking about the real issues and methods.

Making money online is too broad a term.

I get that but I'm in some niche groups but they are too niche to be that useful. Having a more broad range of topics and people from different backgrounds can open your mind to methods and attitudes that none of your peers (who would be in a more niche group) are thinking about. Their advice of what works in their industry can often be applied to yours but you're going to be too tunnel visioned to realise those things if you're just in a facebook ads group or a crypto group or affiliate marketing group or whatnot. A broad forum with one common interest is actually a great thing.
09-21-2018 01:13 PM
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testos111 Offline
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Post: #77
RE: The realities of earning $10,000 + a month online or in business in general
While a lot of what has been said is of course true, I just want to say that don't let that discourage you into not even attempting it.

I recently released my new information product (an in-depth video course related to photography) and the excitement of getting sales after sales while you are sleeping/working out/having food is just amazing and beats any other feeling out there.

This last Saturday I was out on a Tinder date and my phone was blowing up with sales and more sales. We would order wine and the cost would be recovered as soon as it arrived on our table thanks to these passive sales I was making. I would say after 5 years in the online (mainly) entrepreneurship game, this was kind of pleasantly surreal for even me since most of my success in the past was based on services and not products. For the first time in my life, I'm kind of getting the taste of what passive income feels like. I still have to provide customer service but that's nothing but an exchange of one-two emails, that too with only some customers. I may not be making an absolutely crazy amount of money but if my products keep performing the way they are, I'll be on the road to making most of my money relatively passively and be able to give up the services part of my business, especially considering my frugal lifestyle.

I'm not bragging. Just pointing out that yes it's tough. The 4-5 months it took me to make this information product were fucking painful at times and at least 4-5 times during the course, I really thought I was not going to finish the product. But I would wake up the next morning and it would all seem fine and I would start again.

In my last five years at Rooshvforum, I've mentioned this quite a lot but I'll do it again. One of the things that keeps me going during the tough times is that I LIKE WHAT I DO. So no matter how tough it gets, at the end of the day, I'm still doing what I like doing. I see most guys out there ignoring this point because it sounds a little melo/feminine. But that's the biggest mistake you can make. At the very least you should never start something you hate just because of the money/less effort involved.

The most recent example I can give is of the Dropshipping business. After I started the Facebook advertising thread here, I started getting so many messages form the guys here asking me to check their "business website". All I've ever seen in a website that is so unprofessionally made with zero hint of branding and zero business sense. But why are so many people doing it? Because it sounds an easy way to make money without having responsibility. The same is the case with affiliate marketing to some extent.

If you are professional about things, aren't doing something to take the easy way out, willing to start a PROPER business especially with your OWN products/services, then there is no reason why you can't succeed. Trust me it's actually easier than doing a job for someone else. Just do it the right way.
09-26-2018 06:25 AM
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sterlingarcher Offline
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Post: #78
RE: The realities of earning $10,000 + a month online or in business in general
Any tips on traffic? I've got a good product, and have been putting out good ads on Fb, but getting nothing but a trickle...

Also doesn't look like Insta shout outs are going to work out.

Any ideas on what's working now?
04-17-2019 12:38 AM
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Poseidon Offline
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Post: #79
RE: The realities of earning $10,000 + a month online or in business in general
(04-17-2019 12:38 AM)sterlingarcher Wrote:  Any tips on traffic? I've got a good product, and have been putting out good ads on Fb, but getting nothing but a trickle...

Also doesn't look like Insta shout outs are going to work out.

Any ideas on what's working now?

Fine tune your ad copy and targeting, or fine tune your product/pitch. One or both could use it.
04-17-2019 10:40 AM
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Manbeline Offline
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Post: #80
RE: The realities of earning $10,000 + a month online or in business in general
Just coming in to double confirm this. I make half of what G77 makes in a month, but even getting to this point required me to turn myself off from the world. A lot of people who never made it don't understand that it really is hard work that gets you to this level. That's why it frustrates people like myself when people complain that the middle or upper class make too much money, but then forget that the people who made money sacrificed parties, social life, playing video games, all the fun stuff to live a better life later. It's quite a despair, but there's just some people who gain pleasure more from working on future progress rather than immediate pleasure. And you know what, that's okay for all of us to have different ways of enjoying our lives. Unfortunately, if you want to get money, you have to go into pure monk mode, which is also why most men make the majority of the world's wealth. Men are made for this. Women not so much, who seem to be the bulk of complainers.
(This post was last modified: 08-21-2019 09:43 AM by Manbeline.)
08-21-2019 09:43 AM
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perros Offline
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Post: #81
RE: The realities of earning $10,000 + a month online or in business in general
Ok. All this talk about "I make 5,000 a month online"

Ok, but doing what though? It never gets explained.

How, What, Where, When?

Where do I go to do this?
08-21-2019 10:43 AM
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Jean Gabin Offline
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Post: #82
RE: The realities of earning $10,000 + a month online or in business in general
(08-21-2019 10:43 AM)perros Wrote:  Ok. All this talk about "I make 5,000 a month online"

Ok, but doing what though? It never gets explained.

How, What, Where, When?

Where do I go to do this?


For those saying "I make x a month online" means usually something they can do by themselves, which is mostly (but not limited to) following (divided in more passive income (nothing is really 100% passive) and not passive at all, closer to a day job):

Somehow passive
- Affiliate marketing and paid ads/campaigns
- Lead generation
- FBA/ecommnerce
- Dropshipping
- Selling a course/ebook (usually borderline scammy)
- SaaS (chatbot, PM tool, accounting app..)
- Influencer (lol..)

Not passive
- Content creation
- SEO
- Dev work
- Consulting (tech, product..)

What exactly they do in the above is usually within a specific niche or domain, most people won't just spill you the beans on how/what as it took them years to get there, even though most people who got there are not really afraid of others entering their niche as they are years behind and most people are just talk but no action.

Personally I do mid 5 digits profit and this 100% online, aka the somewhat passive (no office/HQ, no stock or inventory, no warehouses or anything physical besides servers..) but its very far from passive (sales, admin, billing, product stuff, tech, managing people and content, SEO etc..)

Yes, I can take off a month (never did as my backlog would be huge and I still deal with clients) and I'd still get paid the same and can work from anywhere (which I do), but in the end it's a lot harder than a day job but the unlimited freedom on so many aspects (financial, I spend my time however I want (if I want to go to the gym or beach I can just go whenever), family, location..) is the #1 thing in life I'm most grateful for (and won't take for granted and keep grinding as going back to an office/dayjob for me would be hell). People who say their income is 100% passive or try to sell it that way (ideally with some shitty online course) are just full of shit.
(This post was last modified: 08-21-2019 11:46 AM by Jean Gabin.)
08-21-2019 11:40 AM
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Jean Gabin Offline
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Post: #83
RE: The realities of earning $10,000 + a month online or in business in general
If you want a good idea of what people do making $x online, check on some marketplaces where people/companies buy and sell websites:
- https://empireflippers.com/marketplace/
- https://feinternational.com/buy-a-website/
(This post was last modified: 08-21-2019 11:46 AM by Jean Gabin.)
08-21-2019 11:40 AM
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Manbeline Offline
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Post: #84
RE: The realities of earning $10,000 + a month online or in business in general
My income comes from standard salary job + passive mobile apps. Naturally I cannot tell you which for anonymity sake, but if you're tech savvy, making money gets pretty easy. You still have to do a lot of business stuff. You can be the smartest programmer in the world, but without the ability to market and communicate, you're just as valuable as the guy watching football all day.
08-21-2019 01:48 PM
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Investment Bro Offline
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Post: #85
RE: The realities of earning $10,000 + a month online or in business in general
(08-21-2019 10:43 AM)perros Wrote:  Ok. All this talk about "I make 5,000 a month online"

Ok, but doing what though? It never gets explained.

How, What, Where, When?

Where do I go to do this?

I'll tell you exactly what I do.

  1. FBA: My primary business. I sell niche products for people with certain disabilities.
  2. Own my own website: (advertising/affiliate)
  3. I've published two eBooks: One on FBA and the other on Digital Marketing. Both are $9, and I wrote them to help, not to sell.
  4. I consult for power players in the eCommerce/Digital Marketing space.

Ask your questions, I'll see if I can give you some answers.

@Jean Gabin: With the exception of my consulting business, which is completely active, and customer service and ad/product optimization for my FBA business, my entire structure is passive. Generally though, I agree with you. Generally speaking, time invested = more return.

5 Week Strength Program Now Available
(This post was last modified: 08-21-2019 04:28 PM by Investment Bro.)
08-21-2019 04:22 PM
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TravelingBodybuilder Offline
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Post: #86
RE: The realities of earning $10,000 + a month online or in business in general
(08-21-2019 10:43 AM)perros Wrote:  Ok. All this talk about "I make 5,000 a month online"

Ok, but doing what though? It never gets explained.

How, What, Where, When?

Where do I go to do this?
Most successful people are not going to give up their secret. Why would they and risk you steal their business? That just increases the competition in their niche/field.
(This post was last modified: 08-21-2019 08:13 PM by TravelingBodybuilder.)
08-21-2019 08:09 PM
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