In his awesome book "Multiple Streams of Internet Income", Robert Allen makes the following statement:
"Successful people rely heavily on their mentors. Ordinary people don't."
I chose a couple of mentors and attached myself to their coattails. Then I came to a fork in the road.
I had narrowed down which path I wanted to follow to two possibilities. The first was selling digital goods, primarily on eBay. I have a tremendous amount of respect for John Thornhill, a Titanium Power Seller on eBay, and I decided to begin selling ebooks on eBay. My early results were encouraging. I opened an ebook store, which I still have at http://vals-bargain-ebooks.com and I was hopeful of developing a steady stream of income in this way.
Then the other shoe dropped.
eBay decided to restrict the sale of digital goods to classified ads (Read more at http://www.work-at-home-parenting.com/digital-goods.html
I'm not saying I have totally abandoned the possibility of making money through selling digital goods. It's just it's not going to be quite as simple as it was. So I have put that path on the back burner for now.
I have decided for the time being to focus on affiliate marketing. I have dabbled in this direction for a while now, but have felt that I somehow have missed the point on how to earn a stream of income I can count on from affiliate marketing.
The one thing I know is people make five figure monthly incomes this way. And I believe this statement (from the movie "The Edge"):
What one man can do, another can do.
If others can make five figures a month in this way, then I can too. I am the first to admit I am technically challenged, which is why I chose to open a site through Site Build It. I'm not afraid to learn, yet there is a learning curve still ahead.
I have been studying everything I can get my hands on regarding affiliate marketing to figure out what I might have missed and I learned the following:
- The money is in the list
- Driving traffic to a squeeze page is a must for building a list
- Follow up messages need to be plugged into an autoresponder
These are the areas I am going to focus on in the immediate future, and as I learn important points, I will share them here.
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