I’ve seen this time and again.
Someone builds a nice little site, or product, or some sort of residual income stream.
Then they spend their time tweaking it and trying to increase the income from it. They’re good at SEO and so they tweak and tweak and tweak to make the most money possible from that asset.
Good so far, right?
But there comes a point of diminishing returns. The site or product or whatever is making $1,000 a month.
And after hours and days and weeks of tweaking, the site is now making $1,100.
But here come the monthly bills (mortgage, car, insurance, etc.) and the bills are far more than $1,100. So, what’s a marketer to do?
Sell the asset, of course. You might get $3,000 to $5,000 for this asset, depending on what it is and so forth.
Now they have the bills paid and maybe go on a bit of a spending spree, but no asset and no residual monthly income.
Of course now they have to do it all again – build an asset, tweak it and wind up having to sell it to pay bills.
Did you spot the mistake? It’s hard to miss.
If the marketer had spent just enough time testing and tweaking…
…And then moved on and REPLICATED the process…
S/he would then have TWO assets each creating $1,000 a month in residual income.
Then rinse and repeat. Building one asset a month, that’s $6,000 a month in residual income after six months, along with assets totaling maybe $18,000 or a lot more.
As you’ve already guessed, the point is that while you do want to test and tweak whatever it is that you’re doing online, you don’t want to make a career out of it.
Optimize it the best you can as quickly as you can, and then replicate the process and build another one, and another one, and another one…
In the above example, our marketer could have started selling one asset (product, site, etc.) per month after six months or a year, to again greatly increase their monthly income.
Selling these assets before their life cycle ends can be a great idea. After all, it’s hard to sell a product or site once it’s no longer making money.
Do what you need to do, but don’t make a career out of making a few extra dollars while leaving loads of money on the table.
“Huge Savings + Income Opportunity” want up to 50% off your bills and earn weekly checks? Join & Secure Your Position 2 x 16 Matrix, Join Save Club International Business Opportunity Today! Save 50% & Make Residual Income Too!
Save Money Around the World at Over 1,500,000 Locations! The average savings are more than $100 a month – that’s $1200 to $1400 a year savings on all the things you already buy! Join Great Life Worldwide International Business Opportunity & Make Residual Income Too.
Secrets Of Success Movement Affiliate Program By Russell Brunson Earn 40% Lifetime Commission, Join Free Now!
Do You Need An Autoresponder? Please Join Send Shark Autoresponder
Do You Need Email Marketing? Please Join Udimi.
Do You Need High Quality Advertising? Please Join Traffic Authority Or LeadsLeap International Opportunities Free & Make Passive Income Too.
Are You Looking For High Quality Supplements & Make Money Online Too? Please Join Live Good International Business Opportunity.
Are You Looking For Digital & Physical Products Like High Quality Supplements & Financial Education & Make Money From Home Too? Please Join Great Life Worldwide International Business Opportunity.
Would You Like To Backup All Your Files & Pictures & Make Residual Income Too? Please Join Got Backup International Business Opportunity.
Would You Like To Have All The Tools, Training & Resources Needed To Succeed As An Affiliate. Please Join Master Affiliate Profits. Complete Affiliate Business Setup With Awesome Digital Marketing Courses.
Business Owner? For Business Funding – Preferred Funding – Instant Micro Funding – Line Of Credit & Payment Processing Please Visit David Allen Capital. Join David Allen Capital Affiliate Program Free & Make Hefty Commission Too.
Secrets Of Success Movement Affiliate Program By Russell Brunson Earn 40% Lifetime Commission, Join Free Now!
Please Contact Us If You Have Questions, Concerns, Feedback, Partnership Ideas. Thank You For Your Time & Have A Wonderful Day.
Comments are closed.