The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Couple of questions from a beginner

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Varun

Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Feb 9, 2018
73
55
118
Hi,
I've started a website for affiliate marketing in the fitness industry. I know my goals, there's no control. In it for industry experience, to raise some capital and ultimately create my own product based on need/pain points etc.

My question is - how do I know when I've become good enough to delegate work - so that I can keep focusing on what actually makes me the money, and separate my own individual time from the business?

I'm about to start writing my first article, I know there's a long way to go(maybe 2 years of consistent work). Just curious about when the next step comes so I can scale income.

Also, how do I differentiate between legitimate knowledge gathering and action faking? I know I have to execute and I'm a perfectionist/procrastinator myself. But surely, I must keep gathering new information every day. What ratio do you recommend for execution and knowledge gathering? 80/20?

In case you have read Stephen Covey's 7 Habits, this is the P/PC balance that I'm talking about.

Edit: I tried posting it in the marketing forum, but for whatever reason, when I click on create thread, it just doesn't create the page.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

lowtek

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
Summit Attendee
Speedway Pass
Oct 3, 2015
1,903
6,239
1,480
38
Phoenix, AZ
Earn your first dollar, and then your first 100, and then first 1000.... at some point after that, start worrying about delegating. Worrying about outsourcing when you've not made a sale is action faking.

You should only be reading enough to solve the problem directly in front of you. Acquiring knowledge and not immediately applying it is the ultimate time waster. You're better off binge watching netflix, because you at least know that's a waste of time.
 

George Appiah

Bronze Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Aug 16, 2018
239
486
229
40
Accra, Ghana
I'll beg to offer an alternative viewpoint from @lowtek's sound advice here.

I'm currently working on a theme-based content site around a particular hobby. My goal is to build an authority site and mailing list that I'll monetize with affiliate recommendations, brokered ads, and maybe premium content later down the road.

Knowing how long it takes for me to write a good piece of content (English is not my first language), I decided from DAY 1 to outsource much of the content writing as much as possible. I want to seed the site with at 30-50 high-quality, original content (all ghostwritten), and then start to look for ways I can get "free" content (by inviting "experts" in the niche to guest blog, be on my experts' panel, etc).

On the other hand, if my affiliate marketing model was to drive paid traffic to an opt-in page, build a list, and send offers to this list... I probably wouldn't outsource my Facebook Ads or Google PPC campaign from DAY 1 (if ever).

There is always more than one way to skin the proverbial cat.
 

BlackMagician

Silver Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Jul 18, 2018
370
657
270
Mumbai, India
Earn your first Dollar. Then 10, 100, 1000. As you start working on the process, you will understand your limit on how much you can handle a day or week. If the day comes where that limit is exceeding, then Delegate. Until then just try to learn, upgrade skills and earn. Otherwise everything else is action faking.

As for knowledge gathering, Learn by doing. Learn things which you need NOW. You haven't wrote your 1st article. Write that. If you don't know how, learn that. Learn how to write a good heading, a good article/copy.

If you need to learn digital marketing for affiliate, then learn that. But not now. Learn when that step comes.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE Fox's Web Design Guide: Earn $100K this year (Yes, 2020!) and Go Fastlane
How do I sell to a different country with an accent? And a foreign number. Cold e-mails don't...
  • Sticky
MARKETPLACE Kill Bigger Incubator
Hey @Cruiser I just shot you a reply! Amazing product BTW!
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Well, we made it halfway through the year. Don't know what the rest'll bring, but it's gonna be...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
Not really a teaser but it does employ a fictional story, so that is similiar. This upcoming...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Dropping a quick note in here to say... if you are on TFL, you are part of an elite group of...



Forum Sponsor

sponsor

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom