When you’re building an Internet business, it’s useful to step back and evaluate your progress every now and then.
You will be at one of the following levels …
Level One: The “getting ready to start” phase.
You are spending a lot of time and money buying and studying Internet marketing courses. But you aren’t selling anything yet.
Level Two: You dip your toe in the water.
You take some actions that let you generate a few sales online. The volume of these sales is small. It puts just a few extra dollars in your pocket each week.
Level Three: You start making a modest number of sales on a regular basis. Your online revenues are about $1,000 a month.
You’re not getting rich at this level. But for most of us, an extra $12,000 a year isn’t chickenfeed. In essence, you have a highly profitable hobby. You are having fun by making money in your spare time.
Level Four: You start making about $1,000 a week.
That translates to around $50,000 a year — a significant, though not life-changing, amount of money. At Level Four, you are earning more than the average American makes at a full-time job. And you’re doing it in just an hour or two a day.
Level Five: You start making $1,000 a day.
At Level Five, your Internet business is making you well over $300,000 a year in passive income. That’s in the ballpark of what the President of the United States makes.
You have reached the enviable position of being able to quit your day job if you so desire. You are making enough money online to support your family in a comfortable lifestyle.
Level Six: Your Internet marketing business grosses $1,000,000 a year or more.
Now, you are starting to become rich, not just “comfortable.”
The reason most people never end up making that kind of money on the Internet is that they get “stuck” at Level One for way too long. They buy every Internet marketing course they see advertised — and spend much of their spare time absorbing the material.
— Highly Recommended —
ETR Reader Challenges Us to “Put Up or Shut Up” – We just got a note from longtime reader Peter Genot. He’s taken the home-study courses and worked hard at building his Internet business. But, he says, it’s still just limping along. He’s ready for a real online income — a raging river of cash is more like it. Here’s what we told him …
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They become the type of person who’d rather be reading about starting a home business than actually doing it.
To overcome inertia and break through to the next level, you need to stop reading and studying … and do something.
So take action now!
If you’re at Level One, begin small. Reserve a domain name. Then set a deadline for creating your first info product. And start writing your landing page copy.
You get the idea.
Do a little bit every day and within a few months you’ll have your first product. As soon as your landing page is up, you’ll start getting orders (mostly from organic search results if you haven’t yet done any other marketing).
At Level Two, making money on the Internet becomes a reality, not an abstract concept. Once you get those first orders in your shopping cart, you’ll taste blood. You’ll be hooked. You’ll be a real Internet marketer, not just a wannabe.
Once you reach Level Five — with $1,000 of online income a day — you will enjoy a degree of financial security and freedom that most folks only dream about. You won’t be super-rich. But you’ll have the money to buy most of the things you want — and quit your day job, if that was your goal.
When you are at Level Five, you have to decide whether you want to take the next step — and grow to Level Six.
You might not.
Reason: Most Internet entrepreneurs who reach Level Six have to make the transition from a small one-person business to a “real” company.
They get office and warehouse space … set up a studio for video production … hire salaried employees … get insurance plans for them … have company picnics. In short, they become managers.
For me, the best part of being an Internet marketer at Level Five is the serenity. No meetings. No whining employees. No red tape, office politics, or management hierarchy.
Level Five allows you to lead a simple, quiet life, earning a handsome six-figure income working at home — without a boss.
For me, that completes the dream. I am content. I would not give up my Internet marketing lifestyle — not even for a million dollars. It’s just like being retired — with steady money coming in from an annuity, while you are free to spend your days as you please.
P.S. With my help, you can transform from an Internet dreamer to a doer actively marketing and selling products online. With the Internet Cash Generator program, you’ll discover the same tactics and techniques I use in my own part-time, $25,000-a-month Internet business.
[Ed. Note: Bob Bly is a freelance copywriter and the author of more than 70 books. To subscribe to his free e-zine, "The Direct Response Letter," and claim your free gift worth $116, click here now.]
— Highly Recommended —
Fire Your Cell Phone Company – A recent study has found that Americans pay $500 more per year on cell phone service than Europeans. We pay more. And we deal with old technology and shoddy service. But with the help of Ka-Ching Editor Matthew Adams, you could save as much as $1,500 a year. All you have to do is switch to a certain provider. No signing up for a new plan. No contracts. No extra fees. Read more …
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More from Masterson…
Build It and They Will Come … and Other Insane Ideas
Doing what you love is not always the smartest way to start a new business. So says Brian Edmondson, Director of ETR’s new Internet Power Coaching program.
I’ve made the same point many times. Some love affairs can be turned into money-making enterprises. Others are best enjoyed as hobbies.
How can you tell if yours can work as a business?
That’s easy, says Brian:
- Start by brainstorming. Ask yourself, “If I had all the money in the world, what would I most enjoy doing?”
- Make a list of five such “fantasy” occupations.
- Then go online and do some research.
There are many simple-to-use online programs that will help you determine if your passion can be profitable, Brian says. You can find out everything you need to know by using a combination of these tools. For example, you can discover:
- How big the market is
- How active it is
- The products that are hot
- The type of advertising that’s working
- The sort of people who are responding
- How much they are spending
To find out more about the Internet Power Coaching program keep an eye on your inbox tomorrow for a message from ETR with all the details.
Slow-Motion Martial Arts
I’ve never tried tai chi. But after speaking with Total Health Breakthroughs Editor Melanie Segala, I think I will.
She cites a Harvard study which shows that this ancient Chinese art does more than calm mind and body. (Although that’s a big one, because the Centers for Disease Control says 90 percent of doctor visits are stress-related.) It has benefits for those with a host of health problems — including arthritis, heart disease, high blood pressure, Parkinson’s, and low bone density.
What’s great about tai chi is that it’s such a gentle physical exercise. You flow from one martial-arts-like position to the next. You don’t have to be in great shape to do it. It’s almost like meditation with stretching and movement.
Tai chi has gone mainstream. So you won’t have any trouble finding a teacher in your community. Check adult ed classes, your gym, or a local recreation center.
— Highly Recommended —
Internet Marketing Genius Turned Chicken Farmer – When you do business online — and do it well — you have the freedom to spend most of your time doing whatever you want to do. One Internet marketing genius we know helped build a $275 million Internet empire. And he used his newfound freedom to raise chickens on his own organic farm. You may think this guy is crazy. But surely you’ll want to know how he made his money…
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