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Make Money Online With Affiliate Marketing

October 10, 2011 | Affiliate Marketing | My Ramblings | 2 Comments

The top 4 things I absolutely love about making money online are:

  1. You can automate your business.  There is no need to man it.  It’s not like a brick-and-mortar business where you have to be there 8 hours per day.  Your website is your employee and does all the work.  You can literally make money while you sleep.
  2.  You can be mobile.  You can live and travel anywhere in the world as long as you have an Internet connection.  I’ve been on vacation in Jamaica where I conducted business via the Internet.
  3.  You can try things fairly quickly and inexpensively.  If you have an idea, its extremely cheap and easy to develop a website and then pay a small amount of money to drive traffic to it to determine if you can convert visitors into making you money.
  4. You can sell and market products/services you don’t own via drop shipping and affiliate marketing.  There is no need to buy inventory, find space to store it and the pray you can sell it!.

One of the fastest ways to make money online is affiliate marketing. Affiliate Marketing is promoting products or services that you don’t own for a commission.  You register with an Affiliate Company to get an account, which gives you access to hyper-links (via text or banners) to products/services.  You take a link and place it out in the Internet world (via e-mail, website / landing page, paid advertising) to send traffic to your advertiser.  When an action is taken (sale or lead generated), you get paid a commission.  It’s that simple, but not easy because it involves a lot of trial-and-error! 

Some of the top affiliate companies include Commission Junction (CJ), AzoogleAds, ClickBank, PepperJam Network and Sharesale.  However, there are many other mid to smaller affiliate companies, but these are the ones I use the most.

As stated, the beauty with affiliate marketing is that you don’t have to own anything.  As a matter-a-fact, you don’t even have to own a website.  One of my most successful affiliate marketing campaign was marketing products via paid advertising where I sent traffic directly to the advertiser’s website.  However, now this strategy is rare.  Most advertisers want you to send traffic from another website and not directly from paid ads.

High traffic Blogs do very well with affiliate marketing because they don’t pay for any traffic.  All traffic is free, so they keep all earnings via affiliate links embedded in their blog posts. Blog owners with high traffic usually have loyal followers / readers who will purchase products/services that they recommend.  I know of blog owners making $30,000+ per month with this strategy!

Below is a screen shot from one of my affiliate accounts where I have grossed $33,304.00 YTD. Most of the traffic is from paid advertising, so there is cost in generating this amount.  However, the profit margin is pretty decent. 

The thing I like about generating 33,304.00 is that it’s pretty much on auto-pilot.  After setting up the campaigns,  I do very little but monitor and make adjustments.  Weeks may pass where I don’t even touch a campaign where I literally make money while I’m sleeping. 

However, please don’t be too impressed with the gross earnings because it’s nothing compared to some Internet Markets who make this amount in a month or less.  As a matter-a-fact I’m very disappointed that I haven’t done better.  As you can see from the screen shot, in Q1 I generated $14,738.76 but in Q2 it dropped to $10,148.29 and dropped again to $8,416.95 in Q3, which was very disappointing!

If you are interested in learning more about affiliate marketing, there a many blogs ran by Affiliate Marketers with articles on how they make money via affiliate marketing.   There are also many people selling training programs on affiliate marketing that can get you up to speed quickly.  However, if you are diligent, you can find most of the information for free on the Internet.  Just Google “Affiliate Marketing” and you’ll be presented with an abundance of free information.  This is another thing I absolutely love about the Internet.   There is so much free information on the Internet that, if you are smart and highly motivated, you can exploit to make money!

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Getting Back in Shape with P90X

October 5, 2011 | Healthcare | My Ramblings | 5 Comments

Last summer (2010), I weighed 210 lbs. and hated it. After being ill, losing weight, given medication and ordered not to exercise (except light cardio) I was at my heaviest.  So last summer I decided to get in shape and lose weight.  I had a goal to get down to 185 lbs. in 3 months but failed miserably.  At the end of 3 months I weighed pretty much the same because I didn’t exercise consistently and didn’t stick to a diet.

A few months ago I had lunch with an old colleague and was amazed at how much weight he lost.  He looked great after losing 50 lbs.  He told me purchased an exercise / diet program named P90X.   P90X is a 90 days total-body exercise program on DVDs that you follow at home to whip you back in shape.  All you need are some weights or resistance bands, pull-up bar that can attach to a door way and a Yoga mat.

A few weeks later I read Pat Flynn’s Blog, Smart Passive Income, and he too got back in shape after using P90X.  I was impressed and convinced that P90X would be a good program to help get me back in shape. I purchased P90X with a pull up bar and eagerly awaited arrival to get started. Update: Beach Body has recently released P90X2.

The Beginning of P90X

The first 2 weeks of P90X was brutal.  After each exercise I was absolutely exhausted and would remain exhausted for the rest of the day.  I felt as if I ran a marathon.  The cardio exercises I couldn’t keep up with.  I’d have to pause the DVD and lay down for a few minutes to get my heart rate down.  I was definitely out of shape.  However, after 2 weeks I was able to keep up without feeling completed exhausted for the rest of the day.  The most difficult parts of the resistance training are the pull-ups and the abs exercises which I still struggle with.

Five Weeks Later

Five weeks later after working out 6 days per week for 1 to 1-1/4 hours and changing my diet I saw little improvement.  P90X included a book on how to diet, but I didn’t follow it.  I basically ate low fat – healthy meals, reduced my portions, stop drinking soda and artificial fruit juices, drank more water, stopped snacking, ate more fruits and vegetables and stopped eating after 9 PM.  I knew that most likely the reason I saw no reduction in weight was because I put on muscle which offset the fat I was losing.  Also, I felt if I stuck to a really strict diet I would have lost weight.

However, I still grew frustrated that the results weren’t coming quickly.  I called my old colleague who lost 50 lbs. and he told me the same thing happed to him.  The first few weeks he too didn’t lose much weight, which made me feel a little better.  I also expressed to him that I absolutely hated Yoga.  A part of the P90X program is Yoga once or twice per week which I didn’t like.  It was too long and I didn’t like getting up and down from the floor and trying to get into different award positions.  My old colleague told me he too felt the same way and skipped Yoga and substituted it with the cardio exercises.  I agreed that was a great idea and from then on substituted Yoga for the cardio exercises.

90 Days Later

Soon after 5 weeks my weight started dropping.  It seems as if for weeks I wouldn’t lose any weight then over a few days I’d drop a few pounds.  I learned losing weight isn’t a linear process.  As I began to lose weight I grew more excited.  Most of my weight was in my stomach and could see and feel my stomach getting smaller.

My goal was to lose 23 lbs., going from 208 lbs. to 185 lbs in 13 weeks.  I wanted to look trim and fit and not necessarily put on a lot of muscle which I knew I wouldn’t maintain.

The Results so Far

After 13 weeks of P90X, which is the length of the program I am now 192 lbs.  I’ve lost 16 lbs. and my waist has shrunk 3 inches which is a huge difference.  My pants and shorts that were too tight or couldn’t fit, I can now wear.  I’m currently continuing the P90X for another 13 weeks with the goal of hitting 185 lbs.  After, I still plan on continuing P90X but I will mix-it up with weight-training at the gym, playing racquetball and swimming.

Below are my before and after pictures:

Before and After Front

 

Before and After Rear

 

Before and After Side

 

  My Equipment for P90X


Lessons Learned

The things I’ve learned thus far are as follows:

  • Working out at home is far more convenient than working out at the gym.
  • Following an exercise program is great because you don’t have to wonder what to do next.
  • Losing weight isn’t a linear.
  • Losing weight is very hard work.
  • Getting back into shape is all about consistency.

 

If you are ready to get going get the P90X and pull up bar at Amazon.com.  Beach Body recently launched the P90X2 that I may try out soon!

Lending Club vs. Prosper – The Top 2 Social Lenders

October 4, 2011 | Investing | Loans | 3 Comments

The two biggest players in Social Lending (also known as Peer-to-Peer Lending) are Lending Club and Prosper.  If you are seeking to invest in Social Lending, you may wonder what the differences are with both companies.

But first if you are not familiar with Social Lending, Social Lending are online communities connecting people so they can loan and borrow money from each other thus eliminating the middle man, the bank. Because the bank is eliminated, lenders and borrowers can lend and borrow money at better interest rates for both parties with extremely low fees. 

Major Differences Between Lending Club and Prosper

Both Lending Club and Prosper are now very similar.  In the past Prosper used an eBay auction style where the interest rates are set by lenders via a bidding process. Lending Club sets the interest rate based on a formula and lenders and borrowers have to accept the rate. There is no bidding.

Prosper decided to change their business model and now operate just like Lending Club.  Now Prosper sets the interest rate and loan grade based on a formula which takes into account  Prosper Rating, Expected Loss Rate, Loan Term, Economic Environment and Competitive Environment.

Lending Club sets interest rates for the borrower and lender based on the borrower’s credit score and other financial parameters. A loan grade is then established which takes into consideration Assumed Default Rate, Lending Club Base Rate, and Adjustment for Risk and Volatility.

Investing at Lending Club

Since Lending Club started in mid 2007, the net average annualized return for investors has been over 9.5%. That is a fantastic rate of return! Lending Club average borrower has a FICO score of 713. The required minimum FICO score is 660. Individuals and organizations can be lenders. Lenders invest in loans called “notes”. (Note: Currently Lending Club is offering a 2% Cash Bonus on your initial investments.)

Requirements to becoming a Lending Club Investor:

  1. Must be U.S. residents of states where Lending Club does business which includes California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Kentucky, Louisiana, Maine, Minnesota, Missouri, Mississippi, Montana, New Hampshire, Nevada, New York, Rhode Island, South Carolina, South Dakota, Utah, Virginia, Washington, Wisconsin, West Virginia, and Wyoming, and is not available or sold to residents of any other state, the District of Columbia, any other territory or possession of the United States, or any foreign country.).

  2. Must have a bank account to transfer money to bid on loans.

  3. Must be at least 18 years old with a valid Social Security Number.

  4. A minimum of $25 is required to open an account.

  5. Individual lenders who are residents of states other than California or Kentucky must have an annual gross income of at least $70,000 and a net worth (exclusive of home, home furnishings and automobile) of at least $70,000; or have a net worth of at least $250,000 (determined with the same exclusions).

  6. California residents must (a) have an annual gross income of at least $85,000 and a net worth of at least $85,000 (exclusive of home, home furnishings and automobile); (b) have a net worth of at least $200,000 (determined with the same exclusions); or agree not to invest any more than $2,500 in Notes if you do not meet either of the tests set forth in (a) or (b).

  7. If you reside in Kentucky, you must qualify as an “Accredited Investor”. See website for further details.

  8. Lastly, regardless of your state of residence, individuals may not purchase Notes in an amount in excess of 10% of their net worth, determined exclusive of the value of an individuals home, home furnishings and automobile.

Borrowing at Lending Club

Lending Club is very selective with accepting borrowers. Borrowers at Lending Club get loans for a variety of reasons (paying off credit card debt, purchasing a car, consolidation of debt, education, home improvement projects, wedding, small business, elective surgery, balance transfers, etc..)

All Lending Club loans are:

  • Unsecured 3-year (36 months) or 5-year (60 months) fully amortized personal loans.

  • Have a fixed interest rate for the life of the loan and is typically lower than rates offered by credit cards and banks.

  • Monthly payments are fixed, and can be automatically deducted from the borrower’s bank account.

  • Borrowers can pay the loan in full early with no penalty.

  • No hidden fees

To qualify borrowers need a FICO score of at least 660 with a debt-to-income ratio (excluding mortgage) below 25%. Additionally, credit history must prove that you are a responsible borrower:

  • At least 1 year of credit history, showing no current delinquencies, recent bankruptcies (7 years), open tax liens, charge-offs or non-medical collections account in the past 12 months,

  • No more than 10 inquiries on your credit report in the last 6 months,

  • A revolving credit utilization of less than 100%, and

  • More than 3 accounts in your credit report, of which more than 2 are currently open.

  • Must be US citizens or permanent residents and at least 18 years old.

  • Have a valid bank account and social security numbers

Loans are issued by WebBank, an FDIC insured Utah chartered industrial bank located in Salt Lake City, Utah.

Investing at Prosper

Prosper Investors invest their money directly to people. Prosper charges a 1% annual loan servicing fee which is already taken into account in the rate investors bid on. Investors have access to each borrower’s credit history and why they want the loan. Prosper rates borrowers which help investors make informed decisions. Additionally, Prosper offers investors portfolio pans to help with automating the bidding process. (Note: Currently Prosper is offering a 2% Cash Bonus on your initial investments.)

Requirements to becoming a Prosper Investor:

  • Must be U.S. residents of states where Prosper is currently available (California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Louisiana, Maine, Minnesota, Missouri, Montana, Nevada, New Hampshire, New York, Oregon, Rhode Island, South Carolina, South Dakota, Utah, Virginia, Washington, Wisconsin and Wyoming.)

  • Must have a bank account to transfer money to bid on loans

  • A minimum of $25 is required to open an account

All Prosper loans are:

  • Unsecured 1-year, 3-year and 5-year fully amortized personal loans.

  • Have a fixed interest rate for the life of the loan and won’t change for any reason, even in the event of late payment.

  • Monthly payments are fixed, and can be automatically deducted from the borrower’s bank account.

  • For finalized loans there’s a one-time closing fee.

  • Borrowers can pay the loan in full early with no penalty.

 There are three ways to invest:

  • Search for individual loans and manually invest by clicking “Invest Now” from any loan
  • Use Quick Invest
  • Invest in Notes on Prosper’s trading platform

 

Quick Invest allows you to efficiently invest in a group of loans. You specify the Prosper Rating and any other selection criteria and Quick Invest will find loans that meet your criteria, so you maintain control of your investments. A diversified loan portfolio may enable you to spread your risk among many borrowers, so consider investing in small amounts across many loans.

Borrowing at Prosper

If you are looking for a personal loan, Prosper can get you a loan via person-to-person lending, eliminating the bank. If you are looking to buy a car, consolidate debt, pay for education, have a wedding, remodel your kitchen, etc., Prosper is a place to get a fixed rate loan with a very competitive interest rate.

All Prosper loans are:

  • Unsecured 3-year fully amortized personal loans.
  • Have a fixed interest rate for the life of the loan and won’t change for any reason, even in the event of late payment.
  • Monthly payments are fixed, and can be automatically deducted from the borrower’s bank account.
  • For finalized loans there’s a one-time closing fee.
  • Borrowers can pay the loan in full early with no penalty.


Risks for Investors

Unlike a bank, when you invest in loans, your money is not FDIC insured. Only when your money is in cash in your account is it FDIC insured by both Lending Club and Prosper. Keep in mind this is investing and not a savings account. There are risks involved. The main risk is for lenders having borrowers who default on their loan.

For more information visit Lending Club and Prosper. Currently Lending Club is offering a 2% Cash Bonus and Prosper is also offering a 2% Cash Bonus on your initial investments.

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Betterment.com Hassel Free Investment Account Review

September 27, 2011 | Investing | No Comments

If you are tired of your bank account paying you almost nothing in interest, you may want to consider Betterment.com.   I decided to open an account with them to kick the tires and test out their service after writing a Blog post in June 2010.

Betterment wants to replace your savings accounts with an investment account that is less complex and hassle free compared to a traditional investment account.

When customers deposit money in their Betterment account, the money is invested in their chosen blend of diverse stocks or a portfolio of US Treasury bonds. Customers can allocate funds between these two investment options, setting the level of risk they’re comfortable with. Opening an account takes about 5 minutes, there’s no minimum balance, and transfers are free.

When customers deposit money with Betterment, their money is transferred to Betterment Securities (their broker-dealer), with instructions to buy ETFs (exchange-traded funds, similar to mutual funds) based on their desired allocation between stocks and bonds. Customers own shares in the ETFs, while Betterment recommends and manages buying and selling.

Betterment charges an annual fee of 0.9%, based on a customer’s average balance which is a quarter percent lower than the average mutual fund fee and much less than the average amount banks make off of customer deposits.

Betterment is a Registered Investment Advisor and Betterment Securities is a broker-dealer regulated by FINRA and the SEC. Betterment’s SIPC coverage means that the securities in user accounts are protected up to $500,000 (for more information, visit www.sipc.org).  This means you can be assured that Betterment has the same protections as you would with a larger financial institution.  The company was started in 2008 by Jon Stein, with a $3 Million series A financing round from Bessemer Venture Partners (lead) and Anthemis Group.

Since Betterment invests customer’s money in the stock market, they can lose money if the market goes down. Balances will fluctuate based on market conditions. Over the long term customers should get a much better return that their savings account.

Betterment currently only operates in the United States.

Betterment.com is currently offering $25 when you open a new account.

Review of Betterment

Signing up with Betterment is fast and easy. You supply your typical information when opening account. You then have to link your account with your bank to transfer money to and from your Betterment account. Linking to your bank takes about 3 days. Once it’s linked and money transferred, when your log into your account, you first see a summary of your account. I opened an account with $2,500 and allocated 74% in stocks and 25% in treasury bonds. See screen shot below.

You can easily add funds to your account and set up an automatic savings plan to make regular ongoing deposit to your account. See screen shot below.

Betterment allows your to play with your allocation of stock and bonds over years (1 to 40 years) to get an estimate (based on historical data) of how your investment will perform.  See screen shot below.

One unique feature of Betterment is that if offers advice of how to invest based on your goal.

Step 1 is Goal & Planned Investment where you enter your goals. Your are given goal options which includes:

  • Retirement / Build wealth

  • Major Purchase

  • College / Education

  • Wedding

  • Vacation

  • Kids / Baby

  • Emergency / Rainy Day

  • Other / Various

Step 2 is Risk Tolerance in 1 Year where you pick a scenario you are comfortable with. Options include:

  • Conservative

  • Moderate

  • Aggressive

Step 3 is Risk Tolerance in 25 Years where you pick a scenario you are comfortable with. Options include:

  • Conservative

  • Moderate

  • Aggressive

You are given projections of how much money you will make based on your choices and recommendations of your allocation in stocks and bonds. Choosing conservative will allocate less money in stocks, while choosing aggressive will allocate all of your money in stocks.

You can also compare your allocation with your peer. See screen shot below.
 

One very interesting feature of Betterment is that you can compare your account performance based on percentage allocation to stocks.  Per the graph below if I had invested in 100% stock, my account value would have fluctuated more when compare to 50% stock and 75% stock. See screenshot below.

Conclusion

If you are looking for a very easy way to invest in the market (stocks and bonds) and place it on auto pilot, Betterment is the way to go.  If you want to adjust the allocation of stocks and bonds it’s a matter of just logging into your account and using a slide bar to change your allocations.  You can set up automatic investments to deposit money in your account every month. The money is then automatically allocated to your investment choice. You pretty much, set it up and forget about it, similar to your company’s 401K plan.

If you are saving long-term for items such as your child’s education, this is very good tool to use. However, keep in mind that your money is being invested in stocks, so there are always risks. Historically, stocks have done well, so it’s a good idea to think long-term.

Visit Betterment (Get $25 to open an account)

What is a Government Issued I Bond?

August 17, 2011 | Investing | 1 Comment

I Bonds are a low-risk, liquid savings product that earns interest which resets twice per year to keep up with inflation.  Currently, I Bonds are paying an amazing 4.6% annualized because of the recent increase in gas prices.

I Bonds are sold at face value, meaning, you pay $50 for a $50 I Bond.  You purchase in amounts of $25 or more.  If you redeem I Bonds in the first 5 years, you’ll lose the 3 most recent months’ interest; after 5 years, you will not be penalized.

If you purchase an I Bond before rates are adjusted in November 1, you’ll receive a 4.6% interest rate for the next 6 months. Even if you take into account the penalty for cashing in the bond before 5 years, you will earn a minimum of 2.3% if you withdraw your money out after 12 months.  Additionally, if the new rate is higher that 0, you will earn more.

I Bond Restrictions

Keep in mind that you can’t redeem I Bonds for at least 1 year.  Your investment is limited to $10,000 annually.  You can invest $5,000 at TreasuryDirect.gov and $5,000 at a bank.

How to Purchase I Bonds

To purchase I Bonds check with your bank or visit TreasuryDirect.gov.

Make Millions Selling eBooks on ClickBank

August 15, 2011 | Cool Stuff | My Ramblings | 1 Comment

If you are an expert on a topic or even have a passion for a certain topic that you think people would love to learn, then write and sell an eBook to make money.  There are many people doing this and making decent money with it.  Some people hit it out the park by making a significant about of money.

People sell eBooks about the most mundane things such as “Worm Farming” to “How to Pick up Women” and believe it or not, people buy these products.  The great thing about an eBook is that there is little to no overhead.  No need to pay a printer to make hard copies or a distributor to distribute your books.  eBooks can be purchased and downloaded to your computer within seconds.  No need to find an agent or publisher.  You can do it all yourself!

Take for example Jacob Hiller who wrote an eBook called “The Jump Manual” which is a very simple guide on how to increase your vertical jump mostly for volleyball and basket ball players.

Mr. Hiller has sold over $1 million worth of this book and has been featured in Sports Illustrated, ESPN and Men’s Health.

Mr. Hiller’s success really started out by luck.  He first posted a video on YouTube on giving tips on how to jump higher.  The video responded well to viewers and as a result Mr. Hiller created a website and then the eBook.

He initially gave the eBook away for free until he realized how well people liked it and started selling the eBook for $15 via PayPal.  He then placed the eBook on ClickBank, increased the price to $67 with an option for jump coaching services for an additional $9/month.  Currently, the eBook sells between 500 and 1,000 copies per month, grossing up to $75,000 per month. (FYI: ClickBank is an online retail for digital products which about 100,000 active affiliate marketers who help sell these products for commission.)

Below is a video of how Mr. Hiller got started with a very simple idea and made it into a million dollar business.  If you have an idea, you too can do it!

Making Money Online Sucks!

July 31, 2011 | My Ramblings | 8 Comments

Since I’ve been “trying” to make significant money online (starting seriously in 2008) I’ve had my fare share of failures!  However, I’ve been able to gross several hundred thousand dollars over the years with very little risk, which is what attracts me to making money online.  You can try “stuff” fairly inexpensively and fairly fast if you have the skills to develop and market websites which I still struggle with.  

Trying to make money online is hard work, but at times for me can be extremely frustrating.   The ups are great but the downs can be disappointing and annoying.

The Internet is extremely dynamic. The rules are constantly changing.  I have to deal with suppliers, affiliate companies, advertisers, web hosts, and customers to conduct business which is a dynamic event.  Things don’t stay the same.  Although business is conducted on the Internet, I still deal with people who are all looking out for their best interests. 

Over the years I’ve had numerous problems / failures that I’ve had to overcome, which include:

  • Spending hours on numerous sites (ecommerce, Blogs, affiliate campaigns, forums) that have failed miserably!
  • Sites from time-to-time being down and/or running extremely slow due to web host issues.  Many times paying to advertise the site, thus losing money!  Had to transfer 2 sites to new hosts because problem couldn’t be resolved.
  • Web hosting company disabling site without notification because of complaint about copyright material on the site.
  • Websites hacked with malware and into administrative account.
  • Suppliers constantly running out of products, thus having to refund thousands of dollars (lost sales).
  • Suppliers constantly adding, changing and deleting products which are difficult to keep up with.
  • Supplier offering 10% discount for months and then suddenly stopping resulting in significant reduction in earnings.
  • Fraudulent purchase on ecommerce site losing over $600 (not bad considering).
  • Replacing customer purchased product lost in the mail. (only happened once).
  • Customer complaints (defective products, product returns, products not shipped on time, wrong quantity shipped, etc.)
  • 2,000/day unique visitor site disappears from Google search and takes months to return fully after requesting re-inclusion.  Google search accounts for 80% of traffic and results in loss of a few thousand dollars.
  • Google disabling (1 temporary, 1 permanent) advertising accounts because of account was hacked and policy infringement (losing about $4,000).
  • Google dropping quality score of successful ad campaign to 1 thus permanently killing traffic and earnings.
  • Google decreasing page rank from 4 to 0, thus turning away advertisers.
  • Lawyer threatens lawsuit and wants to negotiate payment because of use of a copyrighted picture on site. (Never paid after claiming no profit/damage made from picture).
  • Affiliate company holding approximately $40,000 for an additional 3 months before paying. (Had to take $20,000 from personal savings to cover advertising costs).
  • Having affiliate/advertiser decrease payout by thousands of dollars claiming traffic sent was junk.
  • Having a successful $300-$400/day profitable campaign for several months and then one day receiving an email from affiliate company stating that same day is the last day the offer will be live and to kill all traffic to the site.
  • Having a successful campaign go from making $30/day profit to almost $100/day profit and then back to $30/day after several months.  Tried desperately to fix with no success.
  • There are many more to mention! And the problems will continue…..

 

Although there have been numerous problems/failures, I realize the path to ultimate success is being able to overcome problems/failures,  to keep going and to not let it get you down.  I realize it’s just a part of the game and don’t want success in my niches too easy because every Tom, Dick and Harry would be competing with me.   

At times when I’m disappointed that things aren’t going well, my wife kicks me in the butt and reminds me that I went from $0/month profit to $X,XXX/month profit and at times have reached $XX,XXX/month profit!  It’s great to have someone to remind you that the glass is half full!

So what failures have you had to overcome to become successful?  Would love to read your comments below!

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