If You’re Reading This You Won’t Make Money

Chad Willis Life 3 Comments

3%.  That’s it.

3% is the rate of people that read this blog that will actually end up making a dollar in affiliate marketing.

Not because affiliate marketing is impossible to understand and implement, not because they don’t have the resources to get started…

97% of you will fail to make your first $ because you didn’t even try.

Lemme take a guess. YOU ARE SO DAMN MOTIVATED TO MAKE MONEY ONLINE RIGHT NOW.

“Travel the world?  Make millions of dollars?  I’m so in!!!!!!!!!”

Stop yourself.

Your motivation is too much like a firecracker.fireworks-227383_640

What does a firecracker do?  It gets really, really hot, BLOWS UP, and then dies.

You’ll read a few posts, realize that affiliate marketing isn’t just clicking a button and getting paid gazillions of dollars, and then quit.

Boom. Motivation gone.

Don’t fall into this trap.

You want your drive to be like a forest fire.

Instead of getting hot quick and then fizzling out, it starts small and grows gradually.

Ask yourself a few questions:

  • Can you tolerate the ambiguity of determining your own future?
  • Can you handle not relying on a steady paycheck from an employer?  
  • Can you think for yourself and not have to be told what to do 24/7?

If you answered no the any of those, it’s going to be very hard for you to stay motivated throughout the ebbs and flows of your affiliate marketing career.

However, if you answered yes and truly believe that you can give online marketing a fair shot, here are three tips to grow your fire.


Find a higher purpose for success

 

Everyone wants to make money.  You’re not a special snowflake if you want to become a millionaire.

What will set you apart and motivate you more than others is your purpose for wanting to succeed.

Maybe it’s the freedom of making your own schedule, the ability to grow, the traveling etc.  It’s all up to you, as long as it’s not just “I want to make money.”

Why?

Guess what.  You can make money doing anything.  Selling socks, fixing dishwashers, mowing lawns…

Find out what draws you to running your own business or else you’ll burn out quick.  It’s a lot of work to manage your time and resources as your own boss, and if you don’t have a bright enough North Star to guide you, you will quickly get lost.

Personally, I like affiliate marketing for the flexibility and challenge.  It really does force you to think outside the box.  This is a complex topic that I’ll expand on in the future.

Focus on skills, NOT cash

 

Beginners that obsess over money are the ones that give up after their first failure.

Rather, obsess over soaking up as much information as you can and gathering data.

Get over your fear of loss.  Your first campaign, most likely your first ten, will lose money.

Learn what went wrong, and cultivate the skills you need to fix it in the next go around.

In fact, I would go as far to argue that you don’t want to make money on your first campaign, because it teaches you the wrong principles.

Odds are that you’re gonna do what’s called “throwing shit at a wall and hoping it sticks”; basically meaning you’re picking a random offer, running a random traffic source, with no strategizing as far as an advertising angle and praying that you’ll blindly make a return.

Then, when they don’t make a positive ROI, they say “f**k this!” and give up.

This is the wrong approach.

Rewarding this kind of behavior with a profitable campaign is detrimental to your progress, so don’t expect it nor want it.

Instead of worrying about losing a few hundred bucks, put your energy into learning the techniques and skills you need to make millions.

Affiliate marketing is a cycle of testing and optimizing.  When you have a formula for creating campaigns that works for you, you just have to scale and continue optimizing.

Thinking big picture will propel you into making far more money than pointlessly stressing over small losses.

Seek mentors

 

Arrogance is a massive issue in this industry.

Since it’s possible to make money living like a hermit in your basement, people come to think that they’re too good to learn from others, or even worse that they already know everything.

Seeking mentors and collaborating with successful marketers or even other newbies is a great way to stay motivated.

Working with a mentor will give you a model of success to follow, and they can obvious teach you things along the way.  However, make sure that you’re reciprocating the value your mentor gives you with value of your own.  Leeching from people is a quick way to get kicked out of their circle.

Working with other clueless newbies is actually an effective way to stay motivated.  Even if you both are broke and your campaigns are failing, you can challenge one another and share what you learn along the way.  If done properly, you can split the work on a campaign, and then educate each other on your experience.


Take action.  Don’t fear losing money.  Cultivate skills.  Never stop learning.

If you can do those four things you’ll be just fine.

I gotta work.  Go get that cash.

-Chad

 

 

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