I have been following a couple of guys for a while now, no it’s nothing to do with stalking đ but when you find someone who is worth a listen it pays to to keep an eye on what they are up to. These guy’s are called “Don and Jeremy” and you can find them on the Warrior forums (not sure what that is, then go search it’s worth it).
Now I read this recent comment on their blog, I thought it was well worth passing on….
The other day, a thread was started on the WarriorForum. The topic of the thread was something along the lines of If you could have a 10 minute Phone Consultation with a CPA Millionaire, what would you ask? I donât remember word for word what some of the responses were, but if I remember correctly, they were the generic typeâŚYou know the ones Iâm talking aboutâŚright?
Where do you get traffic?
What kind of offers do you target?
What is your favorite network?
How many hours a day do you work?
All good questionsâŚgood stuffâŚ.right? WRONG! More than likely, if you were asking a CPA millionaire those types of questions, even if he gave you 100% honest answers, in the end, it would probably be a waste of his/her time and yours. Now, I know what youâre thinkingâŚBull Shit!!! If He told me exactly where he was getting his traffic, which offers he was running, and which network he was rollin with, Iâd be bankinâ hard, and could redistribute more wealth than Obama himself!
For most people out there that think that, youâre kidding yourself, and Iâm going to tell you exactly why here in a minute, so back away from the computer screen, stop flipping me off, and just relax for a minuteâŚdeal?
With Internet Marketing in general, and especially with CPA, you have to be able to stomach a certain amount of risk, and when I say risk, Iâm talking about MONEY. Donât get me wrong here, it is entirely not only possible, but EXTREMELY likely that you can hit $100 days, and $10,000+ months without risking anything but your time and sanity. HoweverâŚ
When you start talking about the guys that are making a million dollars plus in pure profit, true millionaires, they are spending more money on traffic daily in most cases than the average person makes in a month working a regular 9-5. The part that really sucks, and hurts is that in order to get a campaign, or a handful of campaigns to the point that they are profitable, and continuously running in the positive, they lost moneyâŚand they knew that they were going to lose money for a period of time right from the beginning. From what Iâve seen, most people trying to make it in this business that have aspirations of being millionaires or even half millionaires (is that a word?) Simply donât have it in them to risk the money.
But, is it really a risk?
Of course itâs a risk! But, let me tell you about something that annoys the hell out of me, and Iâll admit that I was guilty of this exact same way of thinking when I first started.
Iâve seen people buy a product or some sort of course on paid traffic, It was all laid out in the sales letter to the point that if you couldnât or didnât figure out that you were buying a method that required you to pay for traffic, there is a good chance that you might be brain dead. So, everyone buys the product, goes through it, and then the reviews start flooding in on forums across the web, on scam websites, and spray painted on abandoned buildings all over the world.
âThis product is a scam because you have to spend $100 on trafficâ
âThe traffic source that you have to use requires a $500 deposit so this product sucksâ
âI donât have $50 to spend on traffic so this product is of no use to meâ
hmmmmâŚwell, I guess everyone is entitled to their opinion and all that other good stuff, but..whoa..Whatâs going on hereâŚThe next thing you know, the same people leaving the reviews are plunking down $500 more dollars for another product from the slew of affiliate emails that are exploding their inbox. So, now Iâm confused. they didnât have $100 to spend on traffic, but they had $500 to spend on another product? HuhâŚwaitâŚwut?
Itâs not that they didnât have the extra cash to spend on traffic, itâs that they couldnât stomach the risk, at least thatâs the way I see it. Some people would rather have a product in their possession which is a risk in itselfâŚbut, one that leaves the option of refunding and getting your money back, than to spend the money on traffic that might not pan out. Which is absolutely fine, but I think that it is important that people realize what their risk threshold is so that they can be realistic with themselves about what their earning potential is.
When I got to the point that I was making I think 5K â 6K a month, and had kind of hit a glass ceiling of sorts, a guy by the name of Chris Rempel made a post on a forum that went something along the lines of âAsk Me Anything and Iâll Answer Youâ Iâm pretty sure he was getting ready to roll out a product or something, and was looking to get a little hype going, but the thread ended up being like 15 pages long, and he gave a ton of good advice, so it was all good.
AnywayâŚ
I made a post and asked a question, and then we had a bit of back and forth, Iâm going to try to summarize it the best I can for you, cool?
Me: Iâm making about 6K a month, but canât seem to increase it, can you hook a brotha up?
Chris: What are you doing?
Me: Mostly clickbank stuff. There are a ton of insecure dudes out there that thing their girlfriends and wives are cheating on them so, Iâm cleaning up with the reverse cell phone stuff, and I do pretty well with the criminal background check stuff too!
Chris: Are you scaling up, and outsourcing some of the work so that you can get more profit centers going?
Me: Why the hell would I do that? I can do it all myself and keep all the money! WTF dudeâŚare you dumb?
Chris: Your a dumb ass, Leave me alone now before I cyber bully you and make you cry
Like I said, Iâm recalling this from memory, but Iâm pretty sure it went something like that. More or less, at that time, I didnât want to RISK my money outsourcing stuff, or consulting with people that were more in the know than I was, and because of it, I wasnât making as much money as I could and should have been. It took a little while, but what he was trying to tell me finally sunk in, and I realized that a certain amount of risk is REQUIRED to actually get to the next level.
The thing to keep in mind here is that everyones risk is different, depending on what your business model is. So, sit back and think about it for a little while, and try to figure out what the minimum amount of risk youâre willing to take isâŚand then take the plunge!
If you are a site flipper, maybe grab that developers license to a theme or plugin that you know would increase your sales.
If you are an article marketer, figure out how much of your profits you can comfortably reinvest in having someone do some of the writing for you.
If you are in CPA, maybe take the plunge and pay for some traffic, or pay someone to make you a kick ass landing page.
If you are an Adsense guy/gal, hire someone to do some SEO for you, or pick up one of the pieces of software that will make your life easier
Understand here, Iâm not telling you to log into your bank account and clean it out, or for you to risk money that you canât afford to risk. Basically, donât take food out of your kids mouths, but if you are turning a profit, even a small one, try to think of ways that you can take small risks that could turn into huge rewards.
Business without risk is a hobby.
