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Is this a good way to make some money online or "you can do it too" hooray BS ??
#1

Is this a good way to make some money online or "you can do it too" hooray BS ??

BTW, I have nothing to do with the guy. I just want to learn how to be more entrepreneurial so while I seek different sources I'm in this fragile state of mind [typical for a rookie] that's quite easy to believe in any random schemes.

Quote:Quote:

COMPONENTS OF A FREEDOM BUSINESS – HOW TO TEST YOUR VERY FIRST FREEDOM BUSINESS IDEA FOR UNDER $500

1. Figures First – Cost $0 : Time 2-5 hours

This is EXTREMELY important. You need to have a target to set your sights on and check in on this target daily to see you are on track.
Before you start ANYTHING and get swept up in the nitty-gritty of your business, you also need to set strict criteria as to what the business should look like day-to-day.

E.g. “It needs to be able to be run from anywhere in the world with just a laptop. I only want to be working on it 2hours a day”

This will stop you from going into business ideas that are going to suck away all your time and leave no room for freedom. There’s a million great ideas/niches and industries to go into but the ones we want are going to give us freedom (not just another self created job!).

So at the end of every week all you need to do is ask yourself one question “Did my Freedom Business make $1000 this week?”
If the answer is no, then you go back over your map and see why.

Quick tips/suggestions:

Link some PASSION AND ENERGY to your $1000/week. What would this amount of money mean for you? Could you quit your job and travel/creating freedom businesses on the road?
Vision-boarding is a great tool for this. Go to http://images.google.com and search for cool images on how your life will change when you reach your goal. Refer to each day for that little extra drive and motivation.

2. Idea Generation – Cost $0 : Time 1-2 days

Freedom Business Saying: “Before the idea, comes the fan.”

There’s 3 steps to this… WHO? WHY? and WHAT?

WHO do you want to fall in love with what you do?

It’s these fans/lovers that will sustain your business (and ridiculously awesome life) in the long and short term. So you definitely choose people that YOU LIKE.

As discussed in the video, in my early days I made the horrific mistake of selling stuff to people I didn’t really like. Even though my business made money I ended up selling it because I just didn’t want to deal with these people anymore.

WHY will that person buy something from you?

The two main reasons people buy something are 1. A deep, burning desire and 2. To alleviate a fear/frustration they have.

Spend some time crafting an image of your typical “One Key Fan”. How old are they? Where do they live? What are their deepest darkest secrets and goals? WHAT will you actually sell them?

Do you want to offer an info product, a service, a physical product OR a combination?

Quick tips/suggestions:

If you combine some of these you can add the value and therefore increase the price!
The One Key Fan concept I created is an adaptation of Kevin Kelly’s 1000 True Fans post, so for some extra coolness I recommend you get familiar with it.
If you didn’t read the original post on the One Key Fan I suggest you brush up on your knowledge here.

3. Build – Cost $150 – $500 : Time 1-2 weeks

First things first, you are going to want to do some competitor analysis on your idea then build your website.

Now let’s not get too technical here. Competitor analysis sounds all corporate speak crap for what really is “Searching in google and snooping/spying on other businesses”.

Open google, think like your One Key Fan – what search terms is he/she going to use? Plug em in and start looking at the competition.

Take out a notepad or open up a spreadsheet and note what others are doing well in terms of their website design and sales copy – then think about how you can inject your own personality/brand into the stuff you feel that your competitors are doing good.

Below are a few of the sites you can use to find anything from website designers to sales copywriters to iphone app developers. Whatever can be done, WILL be done at a fraction of the price from someone highly competent another world away from you:

http://www.elance.com
http://www.odesk.com
http://www.freelancer.com

You will need a freelancer web designer and website coder for a start. You may want to chat to some or post a project around your potential product as well.

Quick Tips/Suggestions:

Think about it this way: These days – there’s not a business out there that can’t be replicated.
Don’t attempt to learn and do everything yourself. Things like Photoshop, HTML, Web Design, etc can all be done on the SUPER CHEAP by somebody who has had 5+ years experience and will be a lot better and faster than you.

I had a hard time with this and found myself trying to do everything in the early days. It’s not your job. Get it in someone else’s hands and drop the ego…

You have a business to RUN, not work in.

Set up google analytics on the site so you can track your stats as well (it’s free and important).

4. Marketing – Cost $0 – $200 : Time 1 week

The easiest and most inexpensive way to test out your new site/business idea is to go out into the real world and have conversations about it.

Do you know someone who knows someone that your product/service can help? Get a coffee with them. Sit down and talk about their DESIRES or FRUSTRATIONS (one key fan style).

How do you do that?: “So what’s the biggest frustration you have in your business right now?” “What do you really need help with?” “What would be amazing for you?”

Hot tip: Don’t try to make a sale right away, offer to do some help for free in exchange for a testimonial to give your product/site more credibility. If you do some free work you will also learn the sales processes and delivery timelines for your product or service (which are always hard to estimate).
Aside from offline marketing, there is Pay Per Click, Search Engine Optimisation, Social Media and some other crafty ways to get some initial sales/customers.

In the initial testing phase, forget SEO and social media. If you want responses real quick and to see if your idea is going to work go for some PPC on Google Adwords or Facebook Ads (there are other ad networks like MSN if you don’t like google, too).

Google adwords allows your ads to show up on the right hand side of searches in google and they also provide great training on how to setup your first campaign. Spend $100 or so to drive 100+ visitors to your site to test it out. Use google analytics to track what people are doing on your site.

Quick tips/suggestions:

Not making sales? not getting enquiries? Always come back to the One Key Fan. What are they REALLY looking for in terms of their search keywords? Is your website really speaking to what they need?
Social Media, PPC, SEO, etc are all TOOLS to help you CONNECT with One Key Fans. Get to the CORE of the fears/frustrations and desires when designing your Adwords ads and website sales copy.

5. Automation

Once you have made some sales and are confident with your new business – it’s time to put the freedom on turbo!

This is the exciting (an my personal favourite part) where you get an assistant (or team of assistants) to REPLACE YOU in the business.

The golden rule: Anything repeatable is outsourced.

Stuff like customer support, delegating tasks to other freelancers and email can all be handled by an assistant.

Use freelance websites to posts full time positions. I’ve had great successes with people from the Philippines. The majority speak American english and are very competent.

You can get a full time Filipino with a university degree for approximately $250 a month.

A small price to pay for freedom!

Quick tips/suggestions:

Get your assistant to send you a DAILY EMAIL detailing a) what they have done for the day b) where they ran into problems c) what they need you to attend to or teach them
It’s going to feel SUPER WEIRD not checking your email all the time. You’re going to have to adjust to all the free time you have.

The first week I set this up successfully I found myself having to find stuff to do. My brain wanted to check email all the time even though I didn’t need to because I was so used to it.
You have been warned: it’s FREAKY when you can do what you like with your days.


Pic:
http://www.freedombusinessblog.com/pics/...erview.jpg


Vid:
http://player.vimeo.com/video/38347300


Source:
http://www.freedombusinessblog.com/2012/...-business/
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#2

Is this a good way to make some money online or "you can do it too" hooray BS ??

Haha.... I knew I recognized that voice!

It's Tim from RSD!
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#3

Is this a good way to make some money online or "you can do it too" hooray BS ??

Its a real cookie cutter version of the whole freedom business concept.

It is a repeatable business pattern. But I will warn you that it takes money to make money. The high end of what he is saying to invest is going to be $700. a $700 investment isn't going to bringing home the bacon right away (if at all).

God'll prolly have me on some real strict shit
No sleeping all day, no getting my dick licked

The Original Emotional Alpha
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#4

Is this a good way to make some money online or "you can do it too" hooray BS ??

redacted
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#5

Is this a good way to make some money online or "you can do it too" hooray BS ??

It's never as easy as those sales letters would make it sound or everyone would be doing it.

In reality, it will likely take you the better part of at least one year before you make serious money in any online biz project. It may sound simple, but the devil is in the detail and in the competition. Do you know how to hire and outsource? That alone is a difficult skill.

My point is, be wary of those who promise 'easy or fast' riches online.
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