What does the path to success look like?
The path to success is a very slow upward curve. Success is the result of a long period of small improvements.I know you want real numbers and exact times and amounts of work.
The following scenario is what I've experienced, and what I've observed
among friends and colleagues who've endeavoured to make money on the
Internet. Note that this scenario is for someone who puts in serious
effort, not just a weekend here and there.
The first month: You're excited about creating your
website. It's new and interesting. You work hard, creating the basic
pages of the site, and writing your first articles.
No one comes to your site, but that doesn't bother you.
1m – 6m ("Website Winter"): The initial rush of
enthusiasm has worn off. You've put in a lot of work, but you're still
getting almost no visitors. A few random people are coming in through
obscure Google searches, and through the few links you have. You're
making 0-50c a day from a few clicks on your advertising, or maybe
you've sold one product.
Website Winter is the most common stage at which websites die. Not
knowing what's ahead, many webmasters become despondent at this point,
and give up.
Regardless of not getting any worthwhile results, you stick with it anyway.
6m – 12m: You write lots more content for your
website, and the size and quality of your site improves significantly.
You start to get a few good links from other sites, and you show up on
Google for some low-traffic searches. You break through the
100-visitors-a-day mark. The first trickle of money has started coming
in. It's under $10 a day, but it's something you can see, and can
improve.
1y – 3y: Your website is now a serious resource,
with a significant amount of high-quality information. You've had a
small but tangible stream of income for a while now, and you begin to
make your site more efficient. You start marketing your products better,
or maybe you get better at deploying advertising on your site. You test
new sources of revenue. Your profit starts to multiply.
You break through the 1,000 visitors a day mark, and your site churns out $100+ a week.
You know how it all works now, and you can see that your $100 a week could soon turn into a liveable wage.
You keep working on your site, and your income eventually hits the point at which you can live off it.
3y – 5y and beyond: Having succeeded at making money
online, many of the people who get to this stage actually stop here.
They just sit back, and live off their website. It's been hard work, and
they've already reached the most important milestone. You can't blame
them.
If you choose to continue here, you find it becomes easier and easier
to make money. You've become very adept at marketing, Internet
commerce, and website technology. With your comprehensive knowledge of
your field, you can see new and greater opportunities, or new websites
or ventures.
You become one of the very small number of people to achieve serious wealth online.
If You have or know something that people must have or need to know then yes your online adventure is going to become a lot more exiting than others very quickly.
Best of luck with your online money making
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