sbi questions

[BigDan]

im just seeing SBI has a $30 / month option. now im actually considering doing it i must ask some questions tho -

how long must one invest? is an hour or two every day enough or is more required? i realize the answer is probably variable, but a simple "depends" really doesnt help. it would be great to get some kinda of time frame to figure out how long in hours / days / weeks this is going to take me. again, vague-ness is OK, im just trying to get a broad strokes feel for this.

i dont know if anyone will know this, but if we subscribe for the monthly option for say 6 months and pay $180, at the end if we decide to buy will it still be $300 or 300-180 = $120?

thanks!
dan

[Manomanman]

How much time it requires you to become successful depends on your present skill set.

Some people will whizz through it. Other people will take months to get through it.

Some people will dabble around and never be successful because they're not taking action.

If you're new to the working online thing, you should expect to put in 500 hours of REAL work before you start seeing substantial income. I'm not talking about time spent at your desk - I'm talking about productive hours.

If you're the average office worker, this means you'll need to spend 2000 hours "working" to see results that could be considered a full-time income.

[BigDan]

thanks man, that really helps.

i gotta say though im a bit disappointed. wow. 500 hours?!?! have others had the same experience?

btw what are we talking about when saying "substantial" income? if you're talking about something one can live on, then 500 is not that bad. if its just like $500 / month then it kinda is.

btw yes im very beginner level, no experience w/ any of this.

[Curtis2011]

Originally Posted by BigDan

i dont know if anyone will know this, but if we subscribe for the monthly option for say 6 months and pay $180, at the end if we decide to buy will it still be $300 or 300-180 = $120?

You are already buying it when you pay $30 per month.

The only difference is when you pay. You can pay $30/month which totals to $360/year, or you can just pay $300 up front for a "discount" - which totals to $25/month.

If at any time you pay $300 for a year, you will get 12 months added onto the time that you have already purchased.

Originally Posted by BigDan

thanks man, that really helps.

i gotta say though im a bit disappointed. wow. 500 hours?!?! have others had the same experience?

btw what are we talking about when saying "substantial" income? if you're talking about something one can live on, then 500 is not that bad. if its just like $500 / month then it kinda is.

btw yes im very beginner level, no experience w/ any of this.

If you think about it.. you're literally building a business. And if you invested 2 hours a day for 250 days, that's not even the full year and you've already worked on it for 500 hours.

And I also think you are judging income from too short of a time span.

Let's say you work for 500 hours and end up making $500/month. Well, that is passive income that is not going to go away.

If you worked 500 hours for $15/hour, you would make $7500. But if you worked 500 hours to make $500/month, you will make $6000 per year potentially for the rest of your life. That's a lot more than $7500.

[BigDan]

Thanks Curtis.

Originally Posted by Curtis2011

If at any time you pay $300 for a year, you will get 12 months added onto the time that you have already purchased.

It appears this is $300 / year. I was always under the impression it was a one time thing. Oh well the monthly option it is then.

Originally Posted by Curtis2011

Let's say you work for 500 hours and end up making $500/month. Well, that is passive income that is not going to go away.

If you worked 500 hours for $15/hour, you would make $7500. But if you worked 500 hours to make $500/month, you will make $6000 per year potentially for the rest of your life. That's a lot more than $7500.

Thats almost exactly what I was thinking, ie if it was $500 / month that's $6K / yr. Couple things though. One is that I dont know what kinda money it would be, thats why I was asking for clarification. Of course everyone's mileage will vary. Secondly I assume you cant just build the site and it'll take care of itself into perpetuity, in order to keep things current additional work will be required. I dont know if that means an hour a week or 10 hours a week.

Btw here's a question that just occurred to me - if 500 hours led to $500 a month, the next project might be more efficient. Could that be, say, 250 hours for that kinda money?

[Curtis2011]

Originally Posted by BigDan

One is that I dont know what kinda money it would be, thats why I was asking for clarification. Of course everyone's mileage will vary.

There are some people who work for a year or two and never "get it" and end up quitting, and there are others who end up making $1000/month+ by the end of their first year.

It depends on an unlimited number of factors and most of all, it depends on how "smart" and how hard you work.

Originally Posted by BigDan

Secondly I assume you cant just build the site and it'll take care of itself into perpetuity, in order to keep things current additional work will be required. I dont know if that means an hour a week or 10 hours a week.

Btw here's a question that just occurred to me - if 500 hours led to $500 a month, the next project might be more efficient. Could that be, say, 250 hours for that kinda money?

Actually if your website builds what Steve calls "timeless" content, then yes, it will perpetuate itself basically forever. How "timeless" your content is depends on your niche, and how you build your website.

So, if you build a website about a political candidate (one SBI'er has a site about Sarah Palin), then that might not be such a long-term plan, since politics change and maybe she will be out of the public's attention in a few years.

However, if you build a website about how to lose weight or how to play chess, well - that isn't going to change anytime soon.

And to your last question - yes, you will learn a LOT just by making your first website. After you have gone through the learning curve, it will be a lot faster and easier to expand your current website, or to start a new one.

[BigDan]

cool cool. now as it stands right now i have no clue at all what i can make a website about, nor do i have any expertise in anything really. neither do i have any real hobbies (facebook doesnt count i assume!). does SBI address all this and help people find something marketable regardless? i recently tried a free program to start a business website but got stuck on this beginning essential item and never really moved on from there.

[Rebecca800]

Originally Posted by BigDan

cool cool. now as it stands right now i have no clue at all what i can make a website about, nor do i have any expertise in anything really. neither do i have any real hobbies (facebook doesnt count i assume!). does SBI address all this and help people find something marketable regardless? i recently tried a free program to start a business website but got stuck on this beginning essential item and never really moved on from there.

Yes, SBI addresses this - big time! I'd say the first 4 days of the 10-day program is about identifying your passions and interests, learning what sort of content people like, checking if it is in demand, and checking if it is profitable. I am about to start my 4th website now using the lessons of SBI and I come back to this same brainstorming process every time. It is incredibly valuable.

By the way, the numbers in the posts above should neither encourage nor dissuade you, because there's no way you can predict the results you'll see based on other people's experiences. Telling yourself that 500 hours will bring you serious income is way too presumptuous. It might be way less than that. Or it may be way more. If your ultimate goal is to generate serious passive income then how long it takes to get there is beside the point, right? The alternative is to stay employed and trade your time for money, leaving you with no passive income stream at the end of it.

If you want a number, SBI says that you can build a profitable website in as little as 2 hours per week. Obviously if you spend more time you'll reach your goal faster. In terms of income, the sky is the limit. You might reasonably expect to earn a few hundred or few thousand a month. You may even earn tens of thousands. But only YOU can prove how fast you'll get there, by actually doing it...

[Kristine]

I understand your monetization concerns about SBI. It's good to know what you're getting in to.

The thing about SBI, or anything for that matter, is that you're going to get out of it what you put in. (This may not be the answer you are looking for. ) But, if you want to earn $500/month, you'll find the way. If you want to earn more, you can do that with SBI.

And SBI is the absolute best program I have ever seen that completely overdelivers their product. They give you all the tools. $30/month is a great bargain to receive all the value SBI offers.

Good luck with your site!

[Nigel]

I started my website in early October 2009. I think I have been rather slow at producing pages compared with others but I have not got 56 pages on my site.

Sometimes I managed to spend around 12 hours a week, other times it might be a little more, sometimes a lot less.

It really depends on how much time you can give it, but it also depends on how big your learning curve is.

After about 5 months I realised I had got the wrong idea about some of the keywords and had to go back and change quite a few pages.

So really it depends on your personal circumstances, your level of understanding and the time you can commit.

But I am certain it is worth it, in fact from what I have read recently SBI is going to get even better in the near future.

[BigDan]

nigel you've given a pretty good idea of where you're at by explaining how many hours you've put in, how many pages you have, what hurdles you've overcome. would it be OK to ask how lucrative it ended up being?

[Curtis2011]

Originally Posted by Nigel

After about 5 months I realised I had got the wrong idea about some of the keywords and had to go back and change quite a few pages.

I totally did that myself. I really think almost everyone in SBI makes some of the same mistakes when first starting out, then 6, 12, or 18 months later they look at their website and keywords and such and say "Ohhh now I get it, I have to build it like THIS to get more traffic" and suddenly it all makes sense.

For instance, this summer I plan on correcting several keyword mistakes that I made on my website more than 12 months ago when I started it! I only realized in the last month a few big mistakes that I made when first starting out (I have the wrong keywords on my home page! A worse sin than gluttony! )

Hopefully after I fix them.... the Google god will send more traffic faeries in my direction