Quote: (12-26-2017 12:34 AM)TIOT12 Wrote:
1. What is your current weekly time investment for each of these three profit streams?
2. How does the profit breakdown between these three profit streams from the 20k to 30k figure?
3. How do you plan to scale up your business to the 100k a month figure? VAs, software, reinvesting profits, etc.?
4. If you have time or have already considered, what are you planning on doing this coming year or have done this year to safeguard these profit streams?
1.
- The card service is about 1 hour/day give or take, though some days it can be more like 3-4.
- Running affiliate traffic can be 0 hours/day when things are up and running, or it can be 20 hours/day if you're working on building out ads, networking with necessary people on skype, setting up/ learning new tech, reading industry forums, spying on ads, writing copy, making creatives, etc etc. This is entirely variable because it depends how much you want to scale and if you have a team doing monotonous stuff or if you're flying solo.
- Cryptos I'm pretty new to, I'd say I spend 2-6 hours/ day on this stuff currently. Studying TA, networking, reading, watching charts.
*as for weekly time, I work 7 days a week, so who knows. When you include studying/ networking on skype I'd say I easily work 60-70 hours/week, though can work 100. But honestly I'd say 80% of it doesn't feel like work. It's just what I like to do.*
2. It's very much variable.
- My best week with the card service I did a little over 20k profit, but most weeks it's more like 1-5k. And it's not steady, have had multiple week stretches with no sales. All based on timing of my clients and their needs.
- Best days running affiliate traffic for me have been around 1k.. I'm just getting going with this side as well, after spending 6 months earlier this year working for an agency. This part largely depends on my account flow/ angles I have ready.
- This month I've done 18k in crypto profits. So this month my total income has gotta be more like 50k, but I'd say 20-30k is steady and I don't want to exaggerate or e-brag.
3.
- The way to scale the card business for me will be simply networking and finding high value people that need my services. Harder than you'd think. So far it's been entirely word of mouth.. I'll be in Vegas for ASW and hope to pick up new clients there. At some point may make a public facing website and run ad campaigns, but part of me does like being a private/ word of mouth service. Keeps me flying under the radar, which in this legal climate is a good thing.
- Affiliate traffic is very very scaleable. Yes I'd like to hire a good VA, probably one from EE. I now have the accounts piece of the puzzle in place. Plan to scale geos with my casino traffic. Really not that hard to hit 100k/mo just doing affiliate stuff, assuming you have the accounts and angles to do so. Simply spend 3k/day at all times with 100% roi. Call it 6 accounts @ 500/day each, always active. Which means roughly 15 accounts on hand at all times, some warming, some running. Many affiliates start to get lazy around the 2-4k/day mark because at that point they're making way more money than they realistically need and are living amazing lifestyles. Most aren't hungry to build it to 10k/day, then 20k/day and have a real company because that's very very hard and a lot more complicated than just running some accounts by yourself and living well. I'll let you know when I get there .
- Cryptos I'll scale by getting better at trading, networking with more traders that can teach me more, and letting my bankroll compound. Plenty of guys in the fb group I mentioned are successful affiliates that have 1mm+ invested. This space will be making many guys worth hundreds of millions in the coming years.
4.
- Safeguarding the card solution.. I keep my clients happy by providing obsessively good service. I'm working to diversify my BINs (banks where I procure the cards), and recently entered a strategic partnership that makes my deal for them and insanely good value.
- Safeguarding affiliate stuff.. it's all about the accounts. Have nurtured a relationship with a partner, we've helped each other a lot and trust each other with tens of thousands of each other's money without hesitation. He's like my brother. And also my account plug. Without relationships in this space it just won't work..
- Safeguarding crypto.. all I can do is educate and try to not be greedy. Will be pulling out my principal in January so I'll be 100% playing with house money.