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Best Way To Proceed From A Business Perspective?

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Best Way To Proceed From A Business Perspective?
« on: February 19, 2014, 05:34:05 PM »
Hello,

I am interested in building a business with web assets that would generate revenue and profit, from Adsense to ecommerce to affiliate, etc...

What would be the best way to proceed utilizing the various services and tools that are available on this forum? And what are the best monetizing methods for those web assets?

I see a lot of chatter about various tools and tactics, but no "Success" subforum or anything documenting the success any users have been having with them. Granted, I do not expect people to share all their secrets, but a general pointing in a certain direction doesn't seem unreasonable.

Given a couple thousand $ to invest, what is the best course of action for this enterprise?

Thank you.

Stryker
« Last Edit: February 19, 2014, 05:47:16 PM by Stryker »

Offline Jonathan Leger

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Re: Best Way To Proceed From A Business Perspective?
« Reply #1 on: February 19, 2014, 07:32:32 PM »
At the risk of sounding cliche, you need to find a problem and solve it. Real success comes from setting yourself apart, not just trying to imitate everyone else's success. Don't just build a web site based on X selling Y to Z because everyone else is doing that. Find a way to serve that market in a way that the other sites aren't. Innovate.

Before spending a dime I would spend a lot of time heavily researching the market you want to get into and what's lacking in it. Find the holes and fill them. That's how you'll find true success.

Re: Best Way To Proceed From A Business Perspective?
« Reply #2 on: February 26, 2014, 01:10:23 PM »
Kind of reminds me of the old saying, "The only ones making money online are the ones selling the "how to make money online" ebooks".

I'm glad you've got all your programs that you're making money from selling to people trying to make money online, but honestly that answer doesn't help me at all. I think the idea of a "success stories" subforum would not be a bad idea at all, to both prove that people are having success and to also give some type of idea of which direction to pursue.
« Last Edit: February 26, 2014, 01:11:56 PM by Stryker »

Offline Meg

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Re: Best Way To Proceed From A Business Perspective?
« Reply #3 on: February 26, 2014, 03:14:01 PM »
Kind of reminds me of the old saying, "The only ones making money online are the ones selling the "how to make money online" ebooks".

I'm glad you've got all your programs that you're making money from selling to people trying to make money online, but honestly that answer doesn't help me at all. I think the idea of a "success stories" subforum would not be a bad idea at all, to both prove that people are having success and to also give some type of idea of which direction to pursue.


I thought Jon's answer was very honest and ethical. He didn't try to sell you anything, just give you advice on how to go about gaining your OWN success. Have you tried Jon's other forum at http://answers.jlforums.com/ ? It may have what you are looking for.

Offline Jonathan Leger

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Re: Best Way To Proceed From A Business Perspective?
« Reply #4 on: February 26, 2014, 03:26:03 PM »
Kind of reminds me of the old saying, "The only ones making money online are the ones selling the "how to make money online" ebooks".

I'm glad you've got all your programs that you're making money from selling to people trying to make money online, but honestly that answer doesn't help me at all. I think the idea of a "success stories" subforum would not be a bad idea at all, to both prove that people are having success and to also give some type of idea of which direction to pursue.

I guess you haven't been a customer / listmember of mine for very long then? I sell very few "ebooks" that show people how to make money. I sell solutions to business problems in the SEO / Internet Marketing field.

Here are a few examples that follow exactly what I told you to do:

First success: AdSense Tracker

Problem: When Google first instituted their AdSense program, the reporting they gave was woefully inadequate. I knew this from my own experience and the experiences of many people on the SEO/IM forums.

Solution: I created a set of tracking scripts that customers installed on their pages that gathered ten times the data that Google did and presented it in easy to understand, actionable reports.

Profit: Mid six figures

Instant Article Wizard

Problem: "Content is King", as the saying goes, but it takes a huge amount of time to research and create content when you're working in markets you're not so familiar with (and often even if you are).

Solution: I created a software tool that gathered the research for you in a fraction of the time that you could by yourself, helped you organized it and mold it into quality content.

Profit: High six figures and counting

The Best Spinner

Problem: When spinning first came on the scene, you had to build up your own thesaurus, which required hundreds of hours of work before the spinner was worth the time it took to use.

Solution: I created an ultra high quality spinner that came with a crowd-sourced thesaurus still unrivaled by anything else on the market, completely removing that time curve.

Profit: Mid seven figures and counting.


Now, those are only 3 of many, many success (and not so few failures), but they all followed the plan I told you to follow: find problems in your market and create products that fix those problems. It's true that my market is the SEO / IM world (for the most part--I do have other successful ventures outside of SEO/IM), but the same strategy applies no matter what your market is.

The bottom line is that if you're able to save people time or money and solve their problem in ANY market, you've got a winning product on your hand.

Now, if you were expecting me to give you fine-grained, step-by-step instructions on exactly what to do, you're not thinking big enough. You need a bigger strategy. Only after you have that can the smaller scale stuff be put into place.

That said, you'll be glad to know that my team and I are developing a series of free (no-product-pitching) webinars that will be held weekly to teach you how to "get down in the weeds" of those smaller skills you'll need. Definitely attend those, because it's impossible to teach you all of those skills in a few posts on the forum. But if you DON'T have that bigger strategy as well, those skills won't get you anywhere.

Find holes and fill them = Success

Here's to yours!

Jon
« Last Edit: February 26, 2014, 03:28:29 PM by Jonathan Leger »

Offline andrewwilson

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Re: Best Way To Proceed From A Business Perspective?
« Reply #5 on: February 27, 2014, 01:19:53 AM »
Stryker, your criticism of Jon's reply did not logically follow from the words he wrote.

However, if you are to run a business online then, just as in any business, you need to find areas of hurt, fear or less successfully pleasure or envy.

You will make money by solving people's problems. There is no other way.

So, while Jon has many different tools and services available it is not possible to describe a business plan implementing them until you have sorted out two things:
1) The problem that you are going to solve
2) How you are going to solve that problem

So, the first thing to do is to look for the problem to solve.

Online business ideas: http://bit.ly/1dD57dN
Writing a business plan: http://bit.ly/16L0Lii

Cool thing about having a business plan is that you will be able to frame all of your questions about what to spend money on in a very simple way: will spending this money get me, profitably, closer to my goals?

As for success, put it this way, most people who start anything never finish it. Thus most businesses fail shortly after start-up. Almost all who fail do not have a business plan and almost all who succeed do have a business plan.

There's one thing you can be sure of, folks who have been around for a while and who can be seen to be active are almost always going to be relatively successful, if only by their own standards. Most people who are successful at whatever they do are relatively quiet about it.

You know, you can see that people are making money with on-line businesses so you know it is possible.
So, it does not matter what others do or do not do. What matters is what YOU do.