Issue 87 : Thinking Like a Millionaire is a Self Fulfilling Prophecy.

August 6th, 2008
Have you ever heard of the term “ Self Fulfilling Prophecy “? It was an old term coined by Sociologist Robert K. Merton. It is basically a prediction that may directly or indirectly cause itself to become valid.

“The self-fulfilling prophecy is, in the beginning, a false definition of the situation evoking a new behaviour which makes the original false conception come ‘true’. This specious validity of the self-fulfilling prophecy perpetuates a reign of error. For the prophet will cite the actual course of events as proof that he was right from the very beginning.”

In this case, our original false conception is that it is near impossible for an average person with little knowledge of business to become a millionaire. If you say to yourself ” I don’t think I can become a Millionaire… “ then there is a high chance that you will not. Not only is the law of the Self Fulfilling Prophecy standing in front of you, but also your weak ambition. Success and Failure is a game of “ifs” and “buts”, nothing is certain and all you can try to do is increase your odds at winning. If you don’t believe in yourself, then you are already predicting your failure. Turn the tables around now. ” I believe that becoming a millionaire is within my reach! “. You may not just suddenly “Become a Millionaire”, but you will gradually see improvements in your work, your attitude and your life.

Go ahead and apply this theory to Internet Marketing. 9/10 Internet Marketers fail (or give up) because they either don’t have the time to put in work, they don’t know what they are doing, or they don’t truly believe that they can make it!

I have already stated several times that there are tons of ways to Make Money Online. There is Ad Publishing, Freelancing, Selling Products, Selling Services, and Affiliate Marketing. These are all extremely broad topics which cover many different Money Making Opportunities! Before you tell yourself that “Affiliate Marketing” isn’t for you, give it a shot! Most Affiliate Marketing programs have no startup costs so there is nothing to lose! When I started Internet Marketing I focused on one Business Model: “Make Money with Google AdSense” and I didn’t really make any serious cash. Once I started to diversify my work… the money started coming in!

In a work field where success depends completely on you and your own production: sky is the limit! If you work a boring 9 to 5 job at $12/hour then you can calculate how much money you can make on any given work week provided that your schedule is constant. When you step into a world of business like “Internet Marketing”, all your boundaries disappear and it is up to you to make it happen. The best thing about it is that there is no salary cap for your work!

If you want to be an Online Millionaire, you have to think like an Online Millionaire! In the end it could just be your Self Fulfilling Prophecy.

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Issue 86 : You Won’t Make Money Online Unless You Believe In Yourself!

August 3rd, 2008
Believe in Yourself!

Despite what a lot of Webmasters and Internet Marketers think; Making Money Online is simply an equation and if you have all the pieces and know how to make them fit right, you will end up doing well. There are a lot of different areas of Internet Marketing and so many ways you can Make Money Online; however, they each have their own process that you can make a killing with if you follow carefully.

I believe that the hardest task you will need to overcome to start Making Money Online and doing it with ease is building a “Base of Operations“.

Base of Operations
A Base of Operations is exactly what it sounds like. It is the place that everything starts. A perfect base of operations for most Internet Marketers would be their own blog. This is because their blog brings in new readers who are likely to return often and also gives them a solid Online Reputation. Having a strong Base of Operations will definitely make everything about Marketing Online a lot easier.

  • You will be able to easily sell private advertising across your network of websites.
  • You will have a substantial Mailing List which will make it easier to promote affiliate offers.
  • You can easily network with like-minded people who can help you in your journey to Make Money Online.

Those are just a few reasons why having a Base of Operations for your online business will guarantee your success.

When I first started reading and researching about Internet Marketing and how I could be successful by Working at Home; I found a lot of things helped me move forward and a lot of things were holding me back. Just like anything else in life there are road blocks and obstacles; however, to keep a fair balance there is also assistance and support. These are the 3 things that kept me moving forward:

  • Dedication
    I have always stayed dedicated to Internet Marketing since I have started. I put all my heart into the idea of Making Money Online and it has truly paid off.
  • Motivation
    This is a hard one. Motivation can be different for each unique person. My motivation was my dreams. I’ve always had big dreams and it made me keep going even when I thought that it wouldn’t work out. Some people are motivated by Money; while others are motivated by Change. It all depends on what YOU want!
  • Observation
    I’ve been making observations since I stepped into the Internet Marketing field. There are always rules that you have to follow and there are also guidelines. I looked around the Blogosphere and found that those who were successful planned for a long term gain. Never focus too hard on short term investments because long term is where it counts. I studied a lot of different marketing techniques and learned so much about the industry and that pushed me towards my goals faster.

So basically Dedication, Motivation and Observation = a New Vacation. Those are the things that helped me move in the right direction, but just like anything else there is always something to balance it out. There was only one thing that I can guarantee will hold anyone back.

  • Not Believing In Yourself
    I know that you may think that there are a lot of things that are stopping you from Making Money Online, but they are all circumstantial. The only thing that will stop you from Making Money Online that I know for sure is Not Believing In Yourself! The hardest part about it is that it is not something you can just change overnight. In fact, you really have to find something that motivates you to change the way you think which is pretty difficult. I can’t make it happen, but I just want you to know that you NEED to Believe in Yourself in order to be successful in anything.

The “Becoming a Millionaire with Internet Marketing” E-Book is coming soon. Sorry for the wait, but I just want to spend the time to perfect it before I put it out there. Keep working hard with Internet Marketing and you will be successful.

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Issue 85 : Who Wants to be a Millionaire?

July 28th, 2008
Who wants to be a millionaire when you can easily be a garbage truck driver or a store clerk? If you didn’t catch the sarcasm in the words I just typed then it might be you. Before you ask yourself if you want to be an Internet Millionaire you have to ask yourself this: “What is the American Dream?” and you will find that most people will say things like “…to have a nice big house, luxury cars, beautiful wife, etc.” and no one ever responds “.. To be too broke to eat, scraping dumpsters for food, etc.”

Who wants to be a millionaire?

The facts are simple. Who wants to be a millionaire? Everyone wants to be a Millionaire.The reason that Internet Businesses are successful is because most of them are trying to sell you something that you can’t buy. They are selling you a dream! I’ve taken classes in Advertising and Marketing before and I’ve always been taught that when you are selling most products, you are also selling a lifestyle along with it. For example, in the fashion industry you can sell hats. Perhaps someone buys this hat. They are buying this hat because they like it (Yes), but they are also buying it because it transforms them and could potentially change their lifestyle.

What a lot of new Internet Marketers don’t yet understand is that by buying into the fantasy of ‘Becoming a Millionaire‘ or ‘Quitting your Day Job‘ they are helping those are veterans in the industry because it keeps the dream alive. I am not saying that your dream will not come true; but I do believe that by wanting to ‘Become a Millionaire‘ you are helping others in the Internet Marketing niche become internet millionaires faster!

Before you decide if you truly want to become a Millionaire Online; the word ‘Millionaire’ has a lot of strings attached to it. To be a Millionaire is more than just a financial indicator - it’s also a Social Status. Being a Millionaire means that you must adopt leadership characteristics and follow the lifestyle intended by your role. It seems like the idea of being a millionaire has been the dream of many since Modern Times (or even before that). Why do you think they have TV Shows like “WHO WANTS TO BE A MILLIONAIRE?” and “MILLIONAIRE MATCHMAKER“? It is because these companies are taking advantage of the fact that they know that most people secretly dream of becoming millionaires and most think it is out of reach!

If I had one piece of advice I could ever give to anyone it would be to: Never believe that your Dreams are out of your Reach!

Thinking that your dreams are out of your reach is the only thing that will stop you from reaching them. When I first started in Internet Marketing I had big dreams. I only started to become successful and see results when I started to Dream Bigger and actually believed in myself.

Jumping into the Internet Marketing industry without a dream is like jumping out of a plane without a parachute. You will fall flat. Believe in your dreams and set goals to reach them!

Who wants to be a millionaire when you can have your dreams come true instead?

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Become a Millionaire (E-Book Series Coming Soon)

July 24th, 2008
The ‘Becoming a Millionaire‘ E-Book series is on its way! I just have to remind you all that to be able to get this E-Book 100% free all you have to do is subscribe to the ONEYEARMILLIONAIRE.NET RSS Feed by E-Mail.

Millionaire Ebook

Also I am pleased to also be giving away a FREE Online Business Startup Kit to my readers.  This is Shawn Casey’s Internet Biz-In-A-Box! All you have to do is put your Name and E-Mail and you will receive the information in your e-mail to get started.

Check back often for great informative articles about Internet Marketing and how you can Make Money Online!

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Issue 84 : Research and Testing!

July 20th, 2008
Have you ever stumbled onto a brilliant offer that you wanted to promote using your Internet Marketing tactics and after a day or two with no results just decided to give up on it? If you answered yes… then you could have possibly missed the chance at earning a lot of money online! In fact, it is quite possible that with the time you wasted and money spent that you have been losing money this whole time!

This is what we know:

  • There are thousands of people purchasing products on the internet and probably half of them are products that people don’t even need.
  • You can sometimes get lucky and sell a product with a horrible landing or sales page.
  • What works today may not work tomorrow.
  • There is tons of Money to be made on the internet!

Now that we have the facts… what do we do with it?

If I know that I am promoting a product/service/offer that can convert into big money and I don’t see results within the first 24 hrs I don’t just start panicking! I try and decide why it isn’t working so well and then I work on it to optimize it for maximum profits.

There are 3 things that are standing in your way when it comes to Marketing Affiliate products. Here they are:

Impressions
This is how many people are seeing the ads that you set up to bring readers to the landing page/sales page. This is usually in form of a banner or possibly PPC (Pay Per Click) ads. The best way to get a lot of impressions is to increase your traffic if you are displaying banners on your website or to bid higher for PPC ads!

Clicks

Let’s say that you have thousands of impressions and almost no clicks. You obviously know that something is wrong in the way that the ad appears. If you are using a banner on your website then it could be the banner’s placement and look that cause the problem. If you are running a PPC Campaign then it could be the “Title/Headline“,”Body Text“, even the “Display URL“! Keep testing these out to see how they work!

Conversions (Sales/Leads)
If you have a high CTR (Click Through Rate) then you know it isn’t a problem with traffic and clicks but something that lies in your actual sales/landing page! Some products/offers are just known to convert and usually Affiliate Networks will tell you how well they convert so you know your best bets! Obviously this isn’t always the case and sometimes it just isn’t that easy! If you optimize your landing pages to perfection then you are bound to Make Money!

If I am spending $0.50 per click, promoting a product that I can make $20 per sale, and my conversion rate is 5%. Then that means I am actually only making $10 per sale. If the sales or landing page is really bad then that it still really great.. it is even greater because you know that if you improve the sales page you will get higher conversions and Make a lot More Money! Feel free to check out an older article written about “Writing Flawless Sales Pages”!

One thing to keep in mind is that the “Research and Testing” process can take a while. Don’t ever just give up after a day and say that an offer isn’t working well. You haven’t given it a chance to show you how much money it can make for you! Sometimes it will take weeks to even gather enough data and statistics to even be able to tell how well something will do.

You should always take the time to keep an eye on your offers and try not to be too quick to pull one off the table!

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