We all see the ads or the copy that one reads from time to time about the Internet Marketer or Blogger that is working two hours a week or month or what-have-you and makes a killing Online. How cool is that? Only thing, it’s a myth ……. kinda.
I was looking at a program that was compiled by an ingenious chap and the more I looked at this program the more I liked it. This guy was offering all the toys with his package. I really can’t go into the details because the program was, well ……. detailed. He went on to discuss the particulars in his sales copy and stated that his program could be on your desktop in 5 minutes and earning you real money in 10. Hey, now that’s what I call “Get Rich Quick”. The only problem was that his program really could make you real money Online. ……. just not tonight.
Tangle Web Of Lies
As I sorted through his tangle web (get it) …… web of lies, I started to compile exactly what it is that you would need to earn bundles. First and foremost, this thing is rigged to go off like a bomb, so you would have to know some coding to exert some degree of ongoing control. You’re going to have to have some HTML, XHTML, PHP, JAVA, CSS, and a touch of PEARL and RUBY to boot.
Next, you’re going to have to have a supporting infrastructure; like a Blog or Website that does nothing but support Affiliate Offers. So your site has to have detailed server support with security features that will work with a shopping cart (which at the time was not as easy as it is today to integrate).
Your going to have to have some support apparatus available for your customers, as there were sure to be questions and problems along the way to riches. You would probably need phone support as well, along with an Online support client. I never got to look at the written materials that I am sure would be needed to support this product.
Your SEO needs to be specifically targeted to your market and your PPC budget would have to be pretty hefty. And this product would do particularly well with social interaction to promote it. So you would have to cover the social media angle as well.
The Plot Thickens
Now …….. I told you that to tell you this; this guy gave all sorts of supporting documents of earnings after he launched his products. At the end of the week, he was earning a grand a week. Not bad for a “15 MINUTE DEPLOYMENT”!!!
OK, bottom-line; you’re going to need at least 6 to 8 months of work setting the infrastructure in place, and you’re going to have to work at least 12 hour days to establish the site to work on “AUTO” as the saying goes. Not to mention the amount of money that you will need for paid advertising. And as any self-respecting marketer knows, shelf-life for Internet Marketing Products is relatively short.
Now, I’m figuring about 6 to 8 months of your time which will have to be capitalized, after all time is money. Then your PPC investment. The cost of the product and software needed to deploy.
Alright …….. you are now ready to start earning 1000.00 a week for the next year to 18 months before the product plays-out or becomes dated and is replaced by someone else with something better.
The Bottom Line
Let’s look at our haul. $1000.00 a week for 18 months equals $78,000.00. Taxes out of that …. being an Online Marketer, you will be filing as self-employed. So you’ll have to pay self-employment tax so that comes to about. $28,000.00. Next you have your cost associated with putting the program on it feet, let’s call it $124,000.00 in time based on $50.00 an hour. I think that is a respectable goal to shoot for in this business. However, that cost is relative, so let’s discount that for the time being. You now have 2 years of work in to deploy a 15 minute program that earned you, let’s see ……….. $25,000.00 a year for two years. That’s $2000.00 a month. I’ll take it !!! If I don’t get sick or meet with another one of life’s unfortunate events that will throw a monkey wrench into the gears of the machinery.
What I’m trying to say here is this. This gentleman’s assertion of a 15 minute deployment was a little disingenuous, don’t you think? He had the entire infrastructure that he personally built already in place when he launched. However, you need to look at the $2000.00 a month in profit that you will be earning for your nearly 9000 hours of work.
What In The World Am I Trying To Say Here?
I may miss my mark here but, I don’t think you’re going to be able to hang with it on a part-time basis! You’re kidding yourself if you think you can compete with the masters of this game to earn a part-time living Online. You’ll never be able to maintain your momentum. It is a grueling chore for those of us who do it full-time.
I’m not saying that you can’t earn a little money Online if you so desire on a part-time basis. However, you would do much better with a part-time position waiting on tables!