Rags to Riches to Rags

[AnneHamptom]

thanks for sharing your story, very well taken

[karenlim]

Thank you for sharing

I agreed that if you stop working, income stop
This holds true whether you are in internet marketing, network marketing or traditional business.

But I feel when the 2nd income can comfortably takes over the job salary, people can still quit the job to focus full time. This itself does not mean they can stop working on their business.

True retirement or stop working comes in when you have accumulated lump sum wealth ( say $5M) at certain age to last the rest of your life at a certain lifestyle.

The idea behind true residual income is not totally true. I have seen even great master in MLM work really hard. My guess is when downlines come and go in their organization, they need to continuous get more people , train them so that they keep their so called residual income stable.

In internet marketing, this applies as we need to continuously do campaigns, update content etc etc.


Please update us with your developments. I am sure the lessons gained have given you both strength in character and knowledge to move ahead.

[TheCuteKidDave]

great post!! learned alot from it!! most of all you must keep banging away...

[OneOfEm]

Every time I consider quitting my day job, I remind myself how fragile this whole system really is. I've been really, really tempted over the past few weeks. Thanks for reminding me why I shouldn't.

[Darkling]

ireef are you a member of clickbank forums? I think I saw a post of yours in 2006 where you were having trouble and getting about 100 vistors a day but not making a single sale. You really turned that around fast I mean 12k a month in under a year. Your post is a bit of a let down about how you lost it yet motivational at the same time. How did you lose it all exactly? adwords? web hosting a bunch of sites? The reason I ask is I hope to be at your level on day and maybe even surpass it.

I'm new to internet marketing(But not to the internet have been online since I was 13/14) and I was going to try an start in 2006. But suffered information overload due to all the ebook/videos/bookmarks/and gimmicks I signed up for. Now I'm back and realized that I need to try one thing and do it. So I'm going to do bum marketing/article marketing and try and "master" it before moving on to advanced stuff. Problem is I still have a lot of questions after taking 2 courses on it. I've searched forums including this one and which led me to signing up for for 30 day challenge just hoping it only covers article marking. Ether way I might end up having to create a topic on all my questions. Hopefully get the answers I'm looking for and guidance.

[derrekmay]

This is the first time I've read the story.
But annyway I hope you haven't lost your will to get back to that 12.000$ each month?
It's like you said work hard and earn allot

[bobang]

Thanks for sharing your personal story with us. I can definitely relate to your story in many ways. I'm sure you will find a model that will work for you if you keep searching for it.

Like you, for a very long time, I was determined to find a model that would generate steady income online. I tried everything you've mentioned plus some more. When I started, I really wanted to find a way to make at least $10,000 per site I created. Well.. instead I found at least 10 ways that I can generate steady flow of $100 - $200 / month per site without any advertising.

I don't know "the" way, but I found "a" way that works for me. So my point is.. keep searching for it. Eventually, you will find it.

Good luck

[Jean]

Thanks for the story. I like that you were willing to share your experience. I have always said it is better to learn from someone elses mistakes than your own...saves time and money!

[iceforever.diamonds]

it is a real poof story...
very nice that you were able to realize it...

[Arun Lakhera]

I would like to thank you for providing a link in your quote. I followed the link and went through the 10 point success strategy of James Martell. According to me patience should be the moral of this story.

Originally Posted by Linda Buquet

Wow iReef, I think that's about the best post we've had this year!
Seriously, so many good lessons!

It reminds me of a post James Martell (one of th etop industry gurus if you don't know the name) made a little while ago to another member of our forum.

James talks about the importance of focusing your efforts and not quitting your day job til you get to a certain level.

Be sure and read this one, it's filled with wisdom too.
http://affiliate-marketing-forums.5s...html#post13386

Thanks again iReef for sharing your trial and tribulations!
Here's hoping you can get back on a winning path soon!