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Originally Posted by escapeplan  I've never liked factories- but I have a real world business that does something useful. Very useful and much needed. But I mean you never hear converations on here about business plans or obtaining finance. The reason it bothers me so much is that it's like people are trying to find a shortcut here to business success. Seeing as being independently wealthy (and that's a loose term- all self employed people are dependent on deals/ customers) is as crucial- at least significant PD area, we should try to get it right. The cynic in me would say that letting people go down daft avenues is a sure way of keeping them coming back here for more "help"  |
people always say "a shortcut to success" but i am saying there limited to no success EVEN IF you work hard at it for a long time, this is the most frustrating thing about it, if I saw a little progress like an increasing profit margin or getting some connections or website views i wouldn't be complaining. You basically start at 0 and work your way up to low and stay there...
Most things in life if you work really hard for a long time you see progress, not so much in internet business. They revolve around one thing: investments, and the reason i am trying to make internet businesses is because i don't have much money, i don't have money to invest.
But, for example, if i had 10k and i ran some tests and realized chances were i could make a 30% profit return from running cpc-cpa conversions. I launch the campaign and in a week it turns out my predictions are right, and i made like a 28% return... THAT'S 2.8k a week! Not bad, even though stats aren't always consistent (it could have fluctuated to losing 10% or only making like 15% for example). BUT with the marketing tools and how specific you can make your audience with cpc with some tests you can pretty much tell your payout. But my point is if i had like 30k-100k to invest i could probably easily make a net profit of about 50k a year, even with the ups and downs.
I don't have investment money though... So i thought, why not invest like 200$ or so and try to do it small scale (the smaller scale you get the less accurate predictions you can make in my opinion) but the idea was to start small take some profit and spend it, reinvest some, I ended up not making enough to come close to the 30k-100k range that i think is capable of making actual income. This goes with my point you start at 0, work your way up to low, and stay there.
If i had the money to invest in something like a factory, i would do that instead of something like an internet business (after investing in a business degree in college lol). Because the thing about real world business like a factory is how are they not going to make money? You take raw ingredients, make something more complex, this thing you made you sell for more that the cost of raw ingredients, even with competition you should always be able to make decent profit if you choose your product well. But once again i don't have that kind of money (or education), so i looked into making an internet business, and it was a long path but ultimately a dead end.