Even a Do-It-Yourself approach eventually works...if you have the patience.
While my lack of transportation and the lack of a viable mailing list is apparently "preventing" the conversion of any new cashflow notes, my next deal should be an incredible boost to my overall portfolio.
What new people who are just joining this process may not understand, is that anything complex or "overcomplicated" about the design of this blog, actually represents the various STAGES of one deal or contract after another that I have entered into over the past two years.
The fact is that I have been working on SEVERAL different income streams SIMULTANEOUSLY, knowing that eventually, some, most, or ALL of the ones which are still in business at the end of that process, will be feeding me new money.
A LOT of people on the net, fail to understand that MOST moneymaking scripts are only dealing with a certain discrete pocket of people...sometimes only a few hundred or a few thousand.
So, you have basically two options to truly make money on the net...charge large fees for specialized information (these can LITERALLY be set at the discretion of the person creating them, generated for pennies on the dollar, and pulled OFF the market at ANY TIME and for ANY REASON) or equip yourself to make SMALL amounts from each sale to an individual user, while advertising to a base audience of at least hundreds of thousands of users at any one time, and accepting that your bottom line profits will be provided by a fraction of that fraction.
Please remember that you are probably NOT seeing this article in it's final form. The competitive advantage I have created for myself in putting it here, is that since I control the words of the text, I have copyright authority (within the legal limits of other contracts, of course) to detamine how the words are arranged, and more or less what they will sell for.
However, the fact remains that as soon as I can close a large enough deal to solve the central problem for which this site was created in the first place, my financial leverage will be completely unlocked by that deal.
When that happens, I will also be able to leverage myself into a better web design...probably at the domain level, and then I practically cannot avoid becoming a Master Marketer!
Why do I say that?
Because so far, most of my marketing efforts have been directed at a process close to "re-inventing the wheel. "
So far I have discovered that the bigger a player is in the internet market, the less chance they have of liking what I am doing. But if they DO like what I am doing here, the midsized fish tend to leave even a dormant account strictly alone for longish periods...and then it becomes yet another potential income stream in my own internet empire!
Thursday, January 26, 2006
Tuesday, January 10, 2006
Real Estate Options & Exit Strategy
Ok, folks. Now I need to say something about leverage. The fact is that at this moment, my "complete" business is a sleeping giant...I have more potential income at my fingertips than I could ever possibly use. It's so big after two years of effort, that not even I know the full extent of everything I am involved in.
The learning curve toward my first deal is almost complete...and it only cost me a little more than $10,000. Within three or four weeks, my first real estate deal will be in process and accellerating toward closing.
Two major mistakes I made during all of 2004 and 2005 were...
1) Not having an EXIT STRATEGY.
I am now convinced that this is why 90% or more of all startups fail.
Remember: the money for ANY job, product or service, anywhere, is NOT in the hourly trades.
It's in the CONTRACTS. I can make a millionaire for $20 if I want to. If I know how to structure the right deal, I can make my own million for just $1.00...the problem is in simplifying the build of that contract so that others can understand it...and I might not want to do that, because it increases my competition. :-)
2) Confusing FREE information with WORTHLESS information. Free information need not be WORTHLESS if you get enough of it, nor is it ever worthless if you know how to use it practically.
The learning curve toward my first deal is almost complete...and it only cost me a little more than $10,000. Within three or four weeks, my first real estate deal will be in process and accellerating toward closing.
Two major mistakes I made during all of 2004 and 2005 were...
1) Not having an EXIT STRATEGY.
I am now convinced that this is why 90% or more of all startups fail.
Remember: the money for ANY job, product or service, anywhere, is NOT in the hourly trades.
It's in the CONTRACTS. I can make a millionaire for $20 if I want to. If I know how to structure the right deal, I can make my own million for just $1.00...the problem is in simplifying the build of that contract so that others can understand it...and I might not want to do that, because it increases my competition. :-)
2) Confusing FREE information with WORTHLESS information. Free information need not be WORTHLESS if you get enough of it, nor is it ever worthless if you know how to use it practically.
Sunday, January 08, 2006
Paypal Premiere Status
One more way I know I can get more customers (for my own products now!) is by upgrading to Paypal Premiere. Meanwhile, I am slowly going through my email at wolfspyder100@yahoo.com, to determine just how many income streams I currently have which are not too complicated or bound by exclusivity agreements.
Wednesday, January 04, 2006
2006 Begins With a Bang!
The first part of 2006, about 2 years into my experiment, is starting off with a bang.
So far I have been following the "Nike Doctrine" for successful investing...Just Do It!
The most successful positions I took in 2005 were the Steve Manning Course, and Myfreeshares.com. As of today, I am also participating in a 101 Day Success Program called "Cracking The Millionaire Code" by Robert G. Allen and Mark Victor Hansen.
The last investment position I took in December 2005 was a credit repair book from Consumer Education Group. It does require a little personal research and effort, but I think I have a new strategy for settling the dispute that helped to begin this project.
Now that I have gotten beyond the attitude barrier so that I am no longer "scared of the numbers," the process of wealth-creation is becoming fun again.
Today I discussed the possibilities of Contract-For-Deed with Larry Tietz.
Just a very preliminary discussion, but it has me thinking hard.
Meanwhile, my novels are all moving forward as well, and options exist to help me study various techniques for No Money Down real estate.
So far I have been following the "Nike Doctrine" for successful investing...Just Do It!
The most successful positions I took in 2005 were the Steve Manning Course, and Myfreeshares.com. As of today, I am also participating in a 101 Day Success Program called "Cracking The Millionaire Code" by Robert G. Allen and Mark Victor Hansen.
The last investment position I took in December 2005 was a credit repair book from Consumer Education Group. It does require a little personal research and effort, but I think I have a new strategy for settling the dispute that helped to begin this project.
Now that I have gotten beyond the attitude barrier so that I am no longer "scared of the numbers," the process of wealth-creation is becoming fun again.
Today I discussed the possibilities of Contract-For-Deed with Larry Tietz.
Just a very preliminary discussion, but it has me thinking hard.
Meanwhile, my novels are all moving forward as well, and options exist to help me study various techniques for No Money Down real estate.
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