money

[RMO]

I notice that theres alot of teens on this site and im guessing some of you have jobs but even jobs are just you working for someone else. With the recent Economic recession most of you feel like there wouldnt be alot of money to go around, and youre right, for those who are employed. What if you made money on YOUR work and nobody else did? Well right now is the perfect time for a starting buisness cuase once the economy gets back on its feet you will be ready to make money and you will make alot of it.

Now i know must everybody (including myself) is here for the pick up but I want this forum to be able to afford project such as the e-book grape is collaborating or videowork or anything, so i know were all teens but what if i you could make the foundation for a multimillion dollar company?

Anybody interested in making money for yourself, or learning about we could fund other projects just reply to this thread.

[RMO]

this is a reply i posted on enigma's thread ' summer slump'

well a job is just you wasting time working for someone else so they can give you the least amount of money possible. You should be your own boss. So im not going to bore you, if you dont want to read just go to the bottom and look at the cash being made.

So lets say you make an ebook about taking care of your dog, maybe you would call it 'take care for your golden retriever' and you sell the ebook for 20 dollars

now you have 2 ways to sell the book

A. google adwords

google adwords is a google site where people pay good for links, so when someone looks up golden retriever on google there is you link on the side. lets say it cost 10 cents everything someone clicks on you link. When they click on your link they go to your site, now their are multiple ways to make your website look better so people will buy the book.

now lets say 1000 people a month hit you website, thats $100 to google, and lets say out of those 1000 100 people buy you $20 ebook thats $2000 minus 100 so you have website that you dont need to take care of like a full job and you make over 22gs a year.

B. blog aggregator
you splice together alot of blogs together related to your topics (dogs, retrievers, golden retrievers, dog medicine, ect ect ) then on the sides of your blog you have ads to your site. Now you have 100 people visit your blog daily and out of those 100 50 are newcomers, that means that you have between 1500 and 3000 people visit the blog a month. and between 400 and 1500 visit your website every month.
if you keep the 10% buy rule you have between 40 and 150 people buy it a month.
thats between 800 and 3000 dollars a month, lets make an average so 1900 dollars a month all year. thats 22gs a months.

now use both methods and after you make your website you stop working on it after their both finished ( takes about a month of semiwork) then suddenly you have 46gs a year ( 22s are actually like 22,800)

and thats at 10% of the people buy it, if you work on it and get 20% of the people to buy it then you have over 90gs a year, now lets say you have 3 of these best selling ebooks, you now have 6 figures coming into your wallet without lifting a finger (once you make them)


so for all those who skipped to the bottom
thats 270,000 a year for only 3 months of work.

and these are only two techniques out of many.

[RMO]

and this stuff works, internet marketing is how all the pick up stuff is sold, be it Venusian arts, or love systems or anybody else making money off these techniques.

[ridiculous]

100/1000 would be amazing numbers. But this forum is generally targeting teenagers, who some, would have hard times gaining access to a credit card to purchase an ebook online.

But eh, I'm up for discussion.

[RMO]

Yes 10% conversion would be great the 270000 is a high amount
anyway i'm not saying we market the highschool Pua handbook. I'm saying get teens together to make any kind of company. So we can finance a pro grade book. Also since were teens making a future. So this is for anyone that wants to make a buck without leaving thier home or competing with other highschoolers also colleges like kids who show initave so you can game at a better college.

[Alek]

Well I dont think ebooks are that great of an idea. I think some kind of product or something unique, that would help with something really well, is a better deal. I dunno, my mind isnt good for this kinda stuff

[nutrick]

i gotta say, the ebook market is extremely, extremely saturated. yes there is money to be made, don't get me wrong, but you gotta WORK enough to get a decent return.

how about someone check how many times "high school pick up" or some combination of "high school" "pick up artist" "teenager" and other shit pertaining to this site is looked up. then we can get some reliable numbers here.

i'm looking to start a photography and graphic design business and really get some entrepreneur shit going on. this takes a lot of time and dedication, and we got numbers, so i'm sure we can pull this off. I got SOME experience in running a business (tried an e-book business that failed miserably freshman year xD) but this can definitely work, and who knows, if tommygold can pull some strings and get lovesystems or whoever he's affilliated with to sponsor our site, we can and should definitely get this going.

that's just my two cents.


Patrick

[RMO]

why yes you are correct, i was just stating ebooks, and the adwords as possibilities,
my purpose is to get people together who are interested together. and yes nutrick physically selling is good as well, i just want to band with forum members in SALES, of anything, from unique products, to oldschool services, what i said was an example. Also as teens we have the benefit of two things, that a few people have done this before us we can see the mistakes and we have our whole lives ahead of us. This is just a general money column. If anything grape could make this a nonpua topic, because you could have lots of threads from stocks to buisnesses, it doesnt matter, this is just a brainstorming time

[nutrick]

oh sweet okay aha. well i got dibs on the photography and graphic designs business >=] and I got pfizer, coca cola, intel, sprint, and the netflix stocks. but business and stocks are my next two loves.. <3 hmm as for brainstorming, i actually have a list i compiled:

stock advisor
website/graphic design
photography
pua
car washing
smoothies (who doesn't love smoothies?)
personal finance help
babysitting
article freelance writing

[RMO]

thanx, im going to spend a little while brainstorming and taking into account what everyone is interested in before i post any of my ideas

[ridiculous]

I'm up for whatever we'll come up with. I've ran some online businesses in the past, and currently have one that have been going for over 3 years now, so I'd be able to offer quite a bit of help.

Tommy, I'll try to message you on aim if you're on.

[RMO]

There are four steps to having a succesful Internet buisness.
1 Market research: you want to research the
market and find out what is good and not good.
2 traffic: you want to find a way to get people to your website
3 conversion: you want to convert as much of your traffic into buyers as possible
and finally
4 product: Now you develop and sell a product


Here's an example
let's says jack wants to sell something on the Internet
so he does his research
he gets traffic
and he makes a cool site
now he sells his products
fish hooks and pheromones
he tests the market and he finds that fish hooks won't sell. But he got two orders of pheromones do get two orders
since the the products don't exist he refunds the customers with orders and now he sells pheromones


the point im trying to make is that I do want you guys to come out with lots of ideas fora product or service but if anybody has any experience in generating traffic and improving conversion we need that to.

and grape, make a nonpua sub section for this topic, plz?

[Calli]

Remember that making your own product is not the only way to make money through internet marketing. Affiliate marketing is when you sell somebody else's product for a commission, which means you can get started without the hassle of producing your own product.

You can also make money from Google adsense by creating a site with useful information, and attracting enough traffic to give you a steady income through clicks on adverts.

[RMO]

but affilate marketing is almost useless without an email list, which you get by peddling a product or have the optin pages on cool sites. yea there is google adsense has well, and there is lots of stuff like that

such as ijango, that just came out, its where you get paid anytime you or your friends use the internet.

there are hundreds of methods and i want to brainstorm ideas for a month or 2 and when school really gets rolling we can actually start making money, or at least have the foundations for making money.

[Calli]

Aug 3, 2009 11:16:30 GMT -5 RMO said:

but affilate marketing is almost useless without an email list, which you get by peddling a product or have the optin pages on cool sites.

Surely this would apply even to somebody with their own product, because marketing somebody else's product and marketing your own product are very similar, you can market the product in exactly the same way, you just don't need to go through the hassle of putting together the product and the sales system.

This means that a newbie to internet marketing can focus on one side of the business, marketing, and not worry so much about the product side. Once they have been doing affiliate marketing for a while, they will find it much easier to sell their own product with their existing skills in SEO, sales, and the like.