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    Business Is Now Making 7 Figures - Taxes are killing me - Advice?

    HOT! TAXES | REGS 
    As someone who's been through all this, let me just lay it out for you and tell you the real deal so you can stop wasting time trying to figuring this out ... If you're a US citizen and operate a highly-profitable online/digital business and make 7 figures a year in profit, there is NOTHING you...
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    Tim Sykes $5,000,000 Miami Mansion

    HOT! MINDSET 
    Thing is, he meant 30k from trading. He makes a SHITLOAD more than that selling trading info. You can watch his interviews on mixergy where he reveals how much he makes selling his courses and what not but it's at least 20x more than 30k a month. The other thing to realize is that Tim is a smart...
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    Tim Sykes $5,000,000 Miami Mansion

    HOT! MINDSET 
    It's almost always more profitable to sell picks and shovels to goldminers than it is to actually mine for gold yourself...
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    Great post by HMWARD. "I turned down over a million bucks in trad deals, plus other tips for Indies"

    PUBLISHING 
    Yeah you're probably right. I hadn't read the whole story and assumed she was cranking out more generic content that could be written by lots of people. My bad...
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    Great post by HMWARD. "I turned down over a million bucks in trad deals, plus other tips for Indies"

    PUBLISHING 
    What I mean is, if she's making good money why doesn't she outsource more of whatever she does, so she doesn't have to work 80 hours a week. Maybe she enjoys working 80 hours a week, but other than that I don't see the point. She should read eMyth lol
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    Great post by HMWARD. "I turned down over a million bucks in trad deals, plus other tips for Indies"

    PUBLISHING 
    I always applaud any type of (legal) business success, but exactly who's definition of success involves working 80 hours a week? Doesn't sound very fastlane to me.
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    Using Clickbank as a Vendor (HELP)

    MARKETING 
    Hey system sorry we keep missing each other. I got your last message here at the forum but figured I'd respond here ... Regarding your question above, ClickBank does have what they call a "whitelist" feature to control who can promote your product, and how much they earn. There are 2 types of...
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    The "Astonishing Secrets" Thread

    GOLD! MINDSET 
    Eeek, I shudder to think about newbies reading this type of thing ... 9 times out of 10, if there's no competition that is a VERY bad sign. The odds of you doing something no one else has figured out how to do is just tiny. It's infinitely easier to sell something you KNOW people are already...
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    Gary Halbert 30 day challenge Copywriting Group

    HOT! MARKETING 
    FWIW, re: cashvertising that was mentioned earlier in the thread ... While it's not on Gary Halbert's list, I recommend you read it. It's a "cult classic", and I guarantee you it WOULD have been on Gary's list had it not been written a year after Gary passed away. I doubt you could find a...
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    Validating an idea for an info product? ie. Competition, etc.

    IDEA 
    Don't worry about the competition. Competition is good. If you know for a fact they are selling a lot of product, just move forward. If you don't, you'll want to do some testing to see if your "pocket of people" is really willing to pay for this type of product. The "non-target" angle is a...
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    Why All The Secrecy? Here's Why...

    IMPORTANT! 
    I operate in a similar fashion. And you're right. Success in one or more businesses often leads to incredible confidence and a feeling that you can do no wrong. Usually it's overconfidence, as we usually find out the hard way.
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    Why All The Secrecy? Here's Why...

    IMPORTANT! 
    Technically, barring an unforeseen "catastrophic" event, this type of thing should never happen - because you should always validate your product/business assumptions before you ever spend that kind of money. But it happens to the best of us. We're human, not robots, and it's really damn hard to...
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    Why All The Secrecy? Here's Why...

    IMPORTANT! 
    So yeah that's the problem - jasonr revealed how much he is making, and the URL of his site got posted in the same thread. So now any decent online marketer who comes across it has a nice blueprint laid out for them if they feel like copying it. There are really no barriers to entry, short of...
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    Why All The Secrecy? Here's Why...

    IMPORTANT! 
    I think it has to do with the barriers to entry. If there are none, personally I'd never talk about it. But honestly you shouldn't really be too worried about competition. I mean, if you are, what does that say about your business model? It's one thing to not share anything until you're up and...
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    Why All The Secrecy? Here's Why...

    IMPORTANT! 
    I'm not a reddit'r and was interested in checking out the thread in question. I tried searching for an AMA by jasonr686 but can't find it. Can anyone share a link or PM it to me or something? I must be an idiot but I can't seem to find it.
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    Why All The Secrecy? Here's Why...

    IMPORTANT! 
    Absolutely. My first highly successful online business was something I decided to pursue because I saw a for sale listing on bizbuysell. When I saw the website for sale, with all their financial details listed, I couldn't believe that such a simple business/site could make so much money. Long...
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    What would you do if all you knew was to Start with the Who?

    You are correct to start with the who. Most people start with a product and then try to figure out how and who to sell it to, which is completely backwards. Probably the best/easiest/safest way to get started is to sell stuff to people with urgent and immediate problems and/or people who are...
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    I've made millions online - ask me anything!

    WEB/DIGITAL 
    Great post. I've thought about these things as well. If you really enjoy what you're doing, perhaps you can focus on lead gen, systematize the entire thing, and turn it into a "real" business. A site like Home Advisor (used to be Service Magic) is really "just" a lead gen middleman and they do...
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    The couple who made £8,000,000 selling on Ebay

    It's almost always easier to make money selling picks and shovels to gold miners than it is to actually mine for gold yourself. :)
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    I've made millions online - ask me anything!

    WEB/DIGITAL 
    Read the thread. I sold all my sites/lists/web assets.

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