Online Business Ideas for Avoiding 5 Figure Mistakes

Online Business Ideas for Avoiding 5 Figure Mistakes

Notice how everyone in the world tries to tell you how “smart” they are when it comes to marketing online? Well only the REAL people are going to reveal how smart they are NOT. So enters good ole Darren (laughing). I am glad I can honestly laugh about this now. Many of you may have heard my long version of this story. The truth everyone is that successful people learn more from their mistakes than anyone else.

That’s simply because we FAIL the most. See successful people don’t succeed the most. They FAIL the most. And despite that failure they just kept going. Think about it like this. Babe Ruth failed the MOST. YES he hit over 700 home runs but also stuck out almost twice as much.

The idea is that in order to be successful you must discover what doesn’t work quickly and then move on. It is called Fail Fast Forward. You take massive action and then massive detailed assessment of your results. And if it didn’t work you move forward. But you NEVER give up!

OK I avoided my mistake long enough (laughing).

Short version is I built popular sites that showed little returns. Some of my sites had hundreds of thousands of visitors every month. Yet little sale conversions. So a few years back I started a little site and discovered by accident what I was doing wrong. As I say in my profits vs popularity article “the profitable stay small and don’t worry about being popular.”

Do’h

The little site was making more money with way less traffic. Why? because people wanted the items I was selling of course but it is much deeper than that.

Another  problem I had was I couldn’t figure out exactly “how” to repeat my little sites success. I more than understand that online it isn’t about doing 5000 things one time but doing 5 things 1000 times. In fact I coined that phrase. But I wasn’t sure exactly “what” to repeat 1000 times.

Oh and quick note as I explain in Why Niche Markets NEVER Show Their Sites I wont tell you what the little site was because it would increase added competition. I am still making money with from that site.

So one day a business partner and another blogger introduced me to Niche Profit Classroom. What Adam the creator at NPC confirmed for me was how to develop a method to repeat my first little sites accidental success.

So hear is what I learned from all of the money I lost in previous years. Not to mention the time and work.

Online Business Ideas for Avoiding 5 Figure Mistakes

• To Hell with popular bring on the profits: Your readers are nice and great people. But in order to be in business you need customers.
• KNOW if you you are going to make money BEFORE you set the site up: 98% of my sites make money and through research I knew they would. In niche marketing 70-80% involves research.
• Shut up and Sell: as I say in 7 Reasons to Shut up and Sell you didn’t come this far to get your butt kicked did you?  Don’t worry about those non buying readers who say they “love” you for sharing FREE info for their benefit yet have the audacity to criticize you for offering premium things to sell. FOCUS on your customers.
• Solve to Sell: I said it best ion another article. Solve a problem and I almost guarantee you it will lead to a customer.
• FOCUS on people who “desperately” need problems solved: That makes the difference between a customer today and a customer a month from now or never.
• Small is the NEW Big online (BELIEVE IT): STOP trying to kill yourself over traffic when it is not a question of traffic it is a question of targeted soon to be converted visitors.
• Get a good foundational program: I already told you earlier what worked for me (NPC). that was a way for me to establish a base of thinking that changed the way my company did business.

WHY would I tell you about this if I am doing so well?

Simple: instead of giving you the cliche “I care about helping people” comment I thought I get RAW and REAL with you. Don’t get it wrong I do care about helping people but here are some equally real answers:

First of course is that all of the links to Niche Profit Classroom are affiliate links. Who better to offer it than me? after all I actually DO This.

But I am sure your wondering WHY I would promote NPC. Well I kept it to myself for 6-7 months actually LOL until I realized the following…

1. 600,000 niches and sub niches is more than enough for everyone.
2. Unfortunately even if I tell you and you follow through the odds are on my side. See many of you will signup to programs like NPC and a) do nothing or b) not followup with your initial actions. I explain this truth in detail in “How GURUs make money online. Very sad but true.
3. In the next 2 years there will still be less than 10,000 out of millions that understand how to do this. Also even fewer will grasp  what this article really means and how to turn it into money. So the door is wide open for all who “get it”.

So there you have it real answers and online business ideas from a more than real person. I have a saying: “There are those who get it and those who don’t be the one that gets it and work with the ones that do.”