Quote:
Originally posted by KRL
The majority of the people making the huge sums are doing a lot of things that they don't tell you about. I've even seen some seeding this board with bogus and outdated techniques that don't work anymore. I'm sure to throw the newbies off track so they won't end up being competition.
To make the huge money you have to do many things and do them in a unique way.
You have to be an expert in marketing and understand Internet consumer psychology.
You have to understand online "closing" techniques.
You have to know how to buy the content that will sell and then retain subscribers.
You have to be a research hound and know everything happening in the industry and the market and how to effectively dance around and over all the non-stop obstacles and changes.
You have to know how to extract information from other webmasters without them realizing you're doing so.
You have to know how to discipline yourself since its easy to putz off as soon as you start making money. You have to be an efficient manager of your daily to do tasks and schedule your time productively.
You have to have good people skills and know how to network and makes friends with people that will help you on stuff you don't know how to do or don't have the skills to do.
You have to have courage and be a risk taker. Hesitation will kill you. You have to trust your gut instincts.
You have to know when to hold them and know when to fold them.
You have to be creative enough to figure out how to get an edge above your competitors in your niche and maintain that edge constantly. You drop the ball and they'll run right past you.
You have to see the trends and know how to exploit them.
There is lots more, but these are some of the most important things.
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Or you can simply hire someone to do all of these things for you...which is what I did when I started with my business. I almost went under before I hired the right manger...he was my third one...and I couldn't have gotten a better person. He was new to the porn business but had been in the dot com business every since he left college and he along with some of his friends that we hired that had also been laid off...quickly made the transition. I basically just handled the finances.