Well, May has been quite a month! Mary Hart has made other plans after 29 years at Entertainment Tonight, Oprah Winfrey has moved on after 25 years, Mark Haines has checked-out and Osama bin Laden has finally been dispatched. Then there’s Rob Benwell ………
Rob Benwell has finally tapped all there is to tap with “Blogging To The Bank“. Rob has sold his flagship product “Blogging To The Bank” ……….. twice! The first sale came in at $1.16 Million and the second sale (after the first fell through because of financing issues) was for $900,000.00.
As I said or wrote, as the case my be; the first sale fell through because of financing issues. This comes as great surprise as I’m sure that most banks would see ole Rob there as “bankable” an investment as Warren Buffet.
I guess I should mention here that the buyer should have had the money that he pledged for the sale stashed under the mattress at home, but I understand that most of us in Internet Marketing don’t have that kind of money lying around these days.
But the point here is that some lucky someone managed to come up with 900 large to close the sale. Think of all that cash flow, the 174,000 subscriber list and the 6,400 person affiliate army. Looks like the guy who purchased is set for life. I can’t really quote how much money is coming in as the records are kinda hard to read ( image that ). Rob is said to have sold the site to raise money for offline investments ( more smoke and mirrors ).
Now, I want you to stop and think about what $900,000.00 would do for you. I can assure you that it can do more for you than any product Rob Benwell has to offer you. As far as cyber deals go this is a rather small one. About the same time Rob was selling, Twitter was buying “Tweetdeck” for a reported $40 million.
Internet Marketing has become a real head-hunting game these days. Everyone is looking for the next big thing. I guess it’s human nature or “the nature of the beast” that everyone is looking for the next big thing. Everyone is looking and few are producing.
Producing comes with inherent costs of course. I’m going on a ton of money myself in the development of my Linux OS. Most that produce fail to “cash-in” on their ideas. For anyone that does manage to come through, there are a thousand who exploit the market of those looking for the next big thing. They’re an easy target.
That is what Internet Marketing is all about for the most part. Everyone looking for the next big thing and those who are exploiting those that are looking for it.