I'm a little confused....

[nghs22]

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....

[kamakiri]

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]

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]

Originally Posted by kamakiri

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]

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]

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]

Originally Posted by nghs22

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]

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]

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]

I did realize the "lifestyle" change emphasis of the book. That part is really going to help me.