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Posts Tagged ‘residual commission’
These last few months I have been giving my whole online business some thought and concluded that I needed to get rid of a lot of things that keEP me “busy” but are not helping me get to where I want to be 1 year from now – or even 6 months from now. One prime example is the search engine marketing services I used to provide to website owners. It was a great service – customers loved it – and I had great success with it. In fact, providing these SEO services is what allowed me to quit my offline business and start working full-time online. I had systematized the entire service to a point where I had a virtual assistant manage the entire system for me with about 1 hour worth of work a day. And that included customer service (responding to emails, etc). It was going pretty solid – with my highest month being around $6,000 in profit – JUST from selling the SEO services. It doesn’t really matter where you live in the world, $6,000 per month is a decent income, especially if – like in my case – it came in month after month without me really having to do anything. In fact, if I had walked away from it, it would have continued to bring me in a half decent income for months and years to come. Not bad eh? Not bad at all! But getting back to what I was saying earlier: It was nothing more than a distraction to me – keeping me from what I wanted to be doing online. Sure the money was alright, but providing generic SEO services is not something I wanted to continue doing – even if it meant minimal work on my part. Also, Google was starting to make some major changes to it’s ranking algorithm and my once overnight miracle service wasn’t quit as powerful as it used to be. The service was still great, but I just did not want to continue providing it if I didn’t full-heartedly believe in it myself anymore. So at the beginning of this year (January 2012) I got rid of the generic SEO service completely. I cancelled all subscriptions of incoming payments and shut down the entire system – retiring it for good. I still do a lot of SEO and probably forever will be known as “the SEO guy” but I mainly do it now for my own sites and a select few clients who have bigger budgets to work with. It would take a few posts to explain in detail why I stopped providing SEO services, but the short version is: as long as I have customers, I will put their sites as top priority (before mine). Now that I have less than 5 client sites to work with, I have plenty of time, energy and resources to focus on my own sites. Was letting go of a medium-range 4-figure a month income stream really a wise decision on my part? I think so and here is why: If I keep pushing my own sites like I have been these last two months, I should be in the 5-figures a month range before the end of the year – and that from just a handful of my many sites. Oh and get this: it would be without staff (or some of the other expenses that came with running the SEO services for customers) – which means more cash stays in my wallet. So here is my challenge for you: is what you are working on today getting you to where you want to be a year from now? Are you holding on to an ultimate distraction just because it gives you a sense of security for the time being? Maybe it’s time to cut lose the safety boat you are dragging to conserve your energy, time, and resources, and bring the big boat to the shore.
When I started marketing online full-time a couple years ago, I still had this notion that I was going to be a millionaire overnight. Somehow I felt that God was going to be exceptionally pleased with me and give me more success and wealth than I would know what to do with, and I was certain this would all happen before I would reach the age of 25. Well fact is, I am exceptionally blessed and not having to go to work And that is ok! I have matured a lot as a business owner and despite many of the “overnight internet multi-millionaire” success stories you might have read, I have learned that building a business online takes time and hard work, just like any other business. Sure… you don’t have to break your back when working online, but there are other challenges you need to overcome. It is very much a growing process! In fact, every successful marketer I have gotten to know on a personal level over the years has built their business one brick at a time (one website at a time, one client at a time, one blog post at a time, one backlink at a time, etc). It takes hard work but the beauty of it is, if you do it right, it will (with time) pay off BIG time! Here is an email I just received from Jared Croslow, a fellow internet marketer.
@ Jared: Thank you for allowing me to post this. I very much appreciate it! @ my readers: Let me know your thoughts or feedback below and hey, if you like it, why not pass it on? Someone will thank you for it! Konrad Braun
Every now and then I take a pen and notepad and just brainstorm strategies on how I can grow my business online. Oftentimes no surge of brilliance enters my mind, but the odd time the ideas just keep flooding at me… sometimes faster than my hands can handle to pen everything on paper. Do you ever get that? It really is a great feeling, isn’t it? You get super excited about the new ideas and are super motivated to implement them. This was one of those instances for me! I sat down and decided that I was going to do major backlinking to all of the websites that I own to boost the search engine ranking for all of them. Of course this would be tedious work and an ongoing process, so I laid out exactly what I would be doing for each website on a monthly (even daily) basis. Then it hit me: what if I were to somehow put a system in place that would automate all this for me? What if all I had to do was submit each site to the system and the software would automatically direct all my staff on what to do – every day – for each site? I quickly realized it would not be that easy. I would need major programming done and I would need to double my current number of staff members JUST to run the system effectively. Many long nights of hard work later, my programmer and I finally pulled it off. We got the software side of the system together – and after a couple weeks of working out the bugs, I was ready to start putting staff in place to run the entire thing for me. At first I only intended to use it for myself and my own sites, but my programmer pointed out that we can handle quite a few more sites than just mine. Which is when I came to the idea of letting a select few people promote their sites with the system. Which is when I put this page together! Check it out and see if it is something for you. I would love to be of service to you, but I also realize that this is not for everyone, so no “buy my stuff” push here. I also added a residual-commission based affiliate program to that offer so if you would like to promote it on your site or to your list (any way you choose to really – as long as you don’t spam anyone), you can very easily get your affiliate links by signing up here! Bonuses will be given each month to the top promoters so… give it a try. You just never know what goodies I might have coming your way. What is pretty much all I had to share for today. I hope you are having an awesome summer so far and hey, since you are on this page, care to give me a +1 by clicking the Google +1 button? I really appreciate you as my reader and I want to thank you for taking the time to read this far! Have a fantastic day, Konrad Braun
I know of internet marketers who only promote products or services that bring them residual commissions. In other words, if they can’t earn commission month after month for promoting a product or service once, they will not bother promoting it. The beauty with that kind of a mindset is that you can really build a huge cash-flow business very quickly (if you do it right). The downside is that you are limited to the amount of products/services you can promote. Anyhow… if you are like that or if you simply would like to earn commissions over and over again for work you did once, why don’t you signup for my affiliate program? Sign up to my SEO affiliate program Here I pay a 25% commission on all orders sent my way. If a customer does not sign up immediately, we use cookies to set your affiliate ID so that even if the customer orders anything a year or two later from this site, you get your 25% commission. Pretty powerfurl eh? To give you an idea on how cool this is: one affiliate recommended me on his blog about a year ago and without even doing anything now, he is bringing in 1 -2 customers every week. It might not be much, but the commissions add up very quickly. Did I mention that if the customer keeps renewing their order, you continue to earn the commission? Anyways… this is not a sales pitch. I just thought I would write up this update just so you all know. I get asked almost daily if I have an affiliate program and now you know that I do. Cheers, Konrad Braun
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Have you ever felt like you were holding on to something that distracted you from doing what you really should and want to be doing? I am not at all talking about things like facebook, twitter, TV or other small things like that (though those can be).
every day is more freedom than most millionaires get to enjoy, but I am nowhere close to having that million dollars in my bank account that I always thought I would have.
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