Forty Thousand Dollars Later

Are you a serial IM product buyer? Are you spending money left and right in hopes of finding the perfect internet business system? Are you becoming an IM product addict, investing your cash in anything and everything that might improve you bottom line?

If you’re spending a fortune on your business, you’re not the only one. Many IMers are on the buy-buy-buy-and-buy-some-more treadmill.

Those spending habits have a logical appeal. It’s entirely reasonable to invest in new strategies and tools to fine-tune your profitable IM enterprises. There’s nothing crazy about acquiring new information and products in order to stay abreast of changes in the business. However, there is a problem with running on the BUY NOW treadmill if you’re not making any money.

There’s a big difference between the person who’s staying on the cutting edge of new developments and the person who’s spending like a madman in hopes of finding a magical solution that will turn things around.

You want to be the smart investor. You want to avoid being the serial buyer whose efforts only add to his or her debt.

The Right Kind of Purchase

How can you avoid dumping too much cash into things you don’t really need? It starts by building a rock-solid foundation. If you ignore the bells and whistles, you’ll see the IM is really based on a few simple premises.

You must have a product you can sell. You need a way to sell it. You need to bring traffic to your the site you’ll use to make sales.

That’s really all there is to it. Everything you do needs to strengthen one or more of those three simple core needs.

So, you must work to create a strong presence on all three of those fronts. Everything you buy should support your efforts to work on one of those three factors.

You need to build a solid foundation that will allow you to start making money online free before you begin worrying about the details. When you have a foundation in place, you will make money. After you’re making money, you can being looking at those extras and adjustments.

Building a Smart Foundation

Getting the core of your business in place doesn’t require a massive investment. Here’s a great approach to getting the job done.

  • Learn how Internet marketing works on a holistic, big picture level. You need to hear, straight from the proverbial horse’s mouth, how things fit together and what really works.
  • Make traffic a top priority. Traffic is one of the three core needs mentioned above. It’s also the most important one you’ll address. Until you have adequate traffic, you won’t be able to find out if your products are attractive or if your copy is converting. You need as much traffic as you can get–and you need it quickly.
  • Discover a continuing source of support and guidance. An ebook can be great. Instructional videos can really help. However, there’s nothing like developing an ongoing connection with a coach or mentor who has a history of success and a willingness to show you the ropes. Quality ongoing coaching makes the learning curve less steep and prevents you from wasting time, energy and resources on things you don’t need.
  • Don’t overexpose yourself. You need to build your foundation without putting too much of your limited resources at risk. Look for opportunities to secure the right information at a reasonable price. Find a small business coaching opportunity that doesn’t require a fat up-front commitment and that doesn’t lock you into a multi-month contract.

  


  Subscribe by RSS
  Subscribe by E-Mail