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nghs22
10-16-2007, 07:23 AM
So I read the book and it opened my eyes to some things. I am still very weary of some of its ideas and the extent there is a legitimate possibility to make $1000's per month off some internet site. That being said, I've done some looking around and it seems like everyone and there mom has a site selling this ebook or that idea. I mean head over to ebay and see all the pre-made websites for sale saying they are optimized and ready to generate income!!! If I set up a site (or buy a site for that matter since it is probably a better use of my time..a la the advice in the 4HWW), how does one go about getting people to actually buy this shit? haha. Seriously though, I've seen muses promising so many great internet business success...etc...there's just no way it's a reality....or everyone would have hopped on the train by now. Hell, someone has to do some work. Maybe this is the "Old rich" personality in me and all but something just doesn't make sense. If anyone has any ideas, I would love to hear them....:) :confused:

kamakiri
10-16-2007, 09:30 AM
Yikes, nothing like a little PMA in the morning. Making money on the internet is much like making money off an MLM. 95 out of 100 people doing it aren't making any. Information marketing is a tough market to break into this late in the game. At first it was easy, now there are ebooks on how to make ebooks.

Finding customers is just as hard, if not harder, on the net then it would be in a real bricks and mortar store. The only difference is that once you have things going, it becomes much easier, because you only have to do it once. You really get out of it what you put into it.

It is not the 'old rich' in you, it is the scent of snake oil that you are getting from every 'money for nothing' site you have found. There is no free lunch and never will be.

ErikCox
10-16-2007, 02:54 PM
I agree with Kamakiri, I recently attended a business presentation for a network marketing company, and they displayed an "Income Disclosure" statement which listed all sorts of interesting numbers. The most interesting statement on the page was that 74% of distributors make no money... which supports the 80/20 rule.

All this to say, anyone can get a URL and post a website... people actually making money are the ones with good content and are purchasing PPC advertising or some other form of advertising.

nghs22
10-16-2007, 03:20 PM
Yikes, nothing like a little PMA in the morning. Making money on the internet is much like making money off an MLM. 95 out of 100 people doing it aren't making any. Information marketing is a tough market to break into this late in the game. At first it was easy, now there are ebooks on how to make ebooks.

Finding customers is just as hard, if not harder, on the net then it would be in a real bricks and mortar store. The only difference is that once you have things going, it becomes much easier, because you only have to do it once. You really get out of it what you put into it.

It is not the 'old rich' in you, it is the scent of snake oil that you are getting from every 'money for nothing' site you have found. There is no free lunch and never will be.

Then how can Tim go about making the claims he does. If 74% of people are not making a dime online, how it that going to be the key for so many people to have a 4HWW? Sounds like Tim might be right up there with those snake-oil salesman. I liked the book. Very interesting. But it might just be one of those things that worked for him but for no one else.

TimW
10-16-2007, 04:45 PM
I have been in MLM/Network marketing businesses in the past, and know some people currently in one. The ones who succeed are those who put forth the effort, time and (often) expense to....RUN IT AS A BUSINESS.

Network marketing is a numbers game...it's that simple. You need to talk to a LOT of people to get some to sign up. You're not in the "product" or "service" business, you're in the people-recruiting business. If you recruit lame people, expect lame results.

There are no free-lunches people. Success is a combination of things like the "right" product, the right marketing, the right effort, etc. Much of what we call "luck" can be manufactured.

Heinlein said it best in "The Moon is a Harsh Mistress":

TANSTAAFL.

Google it.


TimW
Phoenix

ErikCox
10-16-2007, 05:10 PM
Well said Tim... my friend who works in network marketing is very successful by doing just that. the 74% statistic was simply interesting to me because that means the majority will not make the efforts (work it as a business as you said) that the few who will be successful do.

kamakiri
10-16-2007, 09:48 PM
Then how can Tim go about making the claims he does. If 74% of people are not making a dime online, how it that going to be the key for so many people to have a 4HWW? Sounds like Tim might be right up there with those snake-oil salesman. I liked the book. Very interesting. But it might just be one of those things that worked for him but for no one else.

I actually grabbed my copy of the book and checked. I couldn't find a single sentence that claimed Tim was selling a get rich scheme. He teaches a lot about the principals of lifestyle design, and what it is. Heck, you already have his book it is not like an MLM where he is trying to get you to buy more of his products.

You missed the point there again, how about going back to read the posts here. That figure of 74% was referring to a completely unrelated MLM.

If you believe this will work for you, or if you believe it won't, you are right.

webgal
10-16-2007, 10:27 PM
I think it had a flavor of the rah rah that you often see in the get rich quick type ads. But because he emphasized that it was a lifestyle design change, I decided to get it. He sort of starts out that way a bit but then once he got into the meat of it, I could see ways to apply it for myself. But he is clear that it is not get rich quick. His point was to inspire.

I think things change so fast that some of the ideas may already be outdated. But his point was to keep pushing the envelope and find your niche instead of throwing ideas into the wind. That's where the testing comes in.

I don't subscribe to the sensationalist style of over promising--that comes from being at ad agencies that cultured branding and strong concepts and were rarely promotional. And I won't buy from those one page sites that you have to scroll down yards to the end with basically the same format. A site like that makes me think the advertiser is not credible. But maybe that's just me.

It will take me a while to develop my muse, not 4 weeks. If I'm going to do it, I'm going to do it right and do it well. I'm doing something informational but different from an e book. It took a couple of weeks to nail down a platform that would let me present info the way I want to. I've seen the platform but I've not seen it used the way I'm using it. And there are areas that I know VERY well and a couple I know but need to get up to speed on.

It's persistence and a willingness to fail, pick yourself up, tweak, try something different or start over.

yuugen
10-17-2007, 01:51 AM
I think the problem here is that Tim's book is really popular and people have tried to follow it to the letter, which is uncreative and why the web is cluttered with pay-per-click how-tos and one page ebooks on how to create a muse.

nghs22
10-17-2007, 03:35 AM
I did realize the "lifestyle" change emphasis of the book. That part is really going to help me.

laniers
10-17-2007, 09:19 PM
I think the problem here is that Tim's book is really popular and people have tried to follow it to the letter, which is uncreative and why the web is cluttered with pay-per-click how-tos and one page ebooks on how to create a muse.

I think the internet is a perfect mirror of the world. Everything that is good and bad exist in both. As in the brick and mortar world most businesses fail and so to on the internet. That's one of the reasons why I like www.thirtydaychallenge.com so much, if you can't make $10 using free tools using their step by step methods then the chances of you making any money on the internet are next to none. The flip side though is if you can make $10, then you start to believe you can make $100 and then maybe $1000 etc. The problem with any form of business is that unless you believe it's possible, it never will happen and everything Tim talks about is no different.

Chuck
10-26-2007, 07:42 AM
kamakiri is correct...."If you believe this will work for you, or if you believe it won't, you are right."....Just "decide" that you ARE going to be the other 26%. You need to choose the life you want to live...Attitude, some efficient hard work, effective planning, focus and creativity are essential for life and business success...find your own path and what works for you.

searstower
10-27-2007, 05:16 PM
I am still very weary of some of its ideas and the extent there is a legitimate possibility to make $1000's per month off some internet site.... ...If I set up a site (or buy a site for that matter since it is probably a better use of my time..a la the advice in the 4HWW), how does one go about getting people to actually buy this shit? haha. Seriously though, I've seen muses promising so many great internet business success...etc...there's just no way it's a reality....or everyone would have hopped on the train by now. Hell, someone has to do some work. Maybe this is the "Old rich" personality in me and all but something just doesn't make sense. If anyone has any ideas, I would love to hear them....:) :confused:

The key is to stop trying to make money off of everyone else. If you feel as if you are ripping people off, either you won't do a good job or you'll hate yourself eventually.

But, if you feel like you are providing a lot of value to them and helping them out instead of taking their money and hoping you get away with it before they notice, then you can start to see money on the internet as a reality.

Notice - Tim's website sells his own formula of a supplement specifically for students. He is providing genuine value to his target market.

My own website is an informational, virtual tour guide. The website is entirely free, but advertisers pay me money to have text ads on my site. And anytime anyone books a tour from my website, I make a commission. And soon, people will be able to buy unique souvenirs from my cafe press store.

None of it is sleazy, all of it is optional and all of it is helpful.

See? Once you change the lens you are looking through, a lot of other things can change.

Rebecca

cchapman84
10-28-2007, 01:38 AM
What Tim describes in the book is not a "get rich quick" scheme. It's not about getting rich at all. It's simply about achieving the amount of money that you need to live the lifestyle you want, with the least amount of time involved. It's not like Tim started his muse working four hours each week. He busted his butt to get his business off the ground (some of it necessary, some not so necessary when he looked back on the whole thing), and then automated and made it work to provide the lifestyle he wanted. No where in the book does it say that you won't ever have to work hard. You just have to work as hard AND as smart as you can, so that you don't work harder than you have to.

Getting any business up and running is a challenge, and requires a lot of perseverance. But if you design it properly to run on its own once it's running well, then you won't have to continually work that hard forever. That's the part you have to keep in mind to make it through the tougher start-up stage.

jmac
10-28-2007, 02:44 PM
Thank you for this topic. I just finished listening to the audio book. I did not get anything out of the book that was a get rich quick scheme. What I am getting are ideas and methods to create more time to have balance in my life and to look at the possbility of creating another form of income to free up my life to realize my dream of living in Hawaii part time. As it has been said we do create our own reality and that is my goal. I am givng myslef a year to create another form of income that allows me to be more moblie. The resources are invaluable. And I am grateful to have found this book! Thanks...:)