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EXECUTION My Journey to beat 36K Debt/Liabilities + $2200 Monthly Bills.

Discussion in 'Progress/Execution Threads' started by prady, May 2, 2019.

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  1. AndreiRx
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    AndreiRx New Contributor Read Millionaire Fastlane

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    If you would read my message again -- please see for yourself that I never said that marketing was everything, or that marketing alone is what counts. I only remarked that you are wrong for overlooking marketing, which is not the same thing.

    Now I agree that people can get the wrong idea, especially when I try to over-emphasize something... so I'd like to thank you for calling this out, so I can clarify.

    Marketing is an important cog in your business. You need more than that though: execution / operations, marketing, customer service, product, and yes people and ideas. (see the chess pieces chapter)
     
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  2. prady
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    prady New Contributor Read Millionaire Fastlane

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    Finally setup the campaigns today, now waiting to collect sufficient data & also see how it goes.

    Started with Adwords today, will expand to other networks next.
     
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  3. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    There's nothing wrong with getting a job, even if it doesn't pay all your bills. It's money that won't drain elsewhere. To say, "A job won't pay all my bills!" is an excuse. Think starting a business is hard? Try doing it on a street corner or in a homeless shelter.
     
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  4. LinorCG
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    LinorCG Business Building Warrior Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Just don't forget to also be fair with those who you owe money to.

    Those debts are also your responsibility. At least negotiate the payments, I'm sure you can workout a plan with them.

    As others said, getting a job isn't bad, its a tool you'll use to help you payoff those loads/debts. They won't be going nowhere, it's more of a pressure to see them mounting up due to interests than seeing them going down even for a dollar a time.
     
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  5. prady
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    prady New Contributor Read Millionaire Fastlane

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    Not much to report today.

    Adwords campaign is collecting data at this stage, expanded the campaigns today by Geo.

    The good part is that I can target worldwide, which means with more volume I can afford to pay lower per click and still generate decent traffic to the landing pages.

    Also completed one month of joining this forum :p
     
  6. Charnell
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    Charnell Super Nintendo, Sega Genesis Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Is that quality traffic or vanity traffic?
     
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  7. prady
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    prady New Contributor Read Millionaire Fastlane

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    That's a good question.

    I am assuming that by vanity traffic, you mean visitors from non-converting countries - with the primary reason for the same being cost?

    Well for this particular campaign, that shouldn't be an issue as the offer is very low cost to begin with - even after considering the paying capacity of say, developing countries in Africa or Asia.

    They already have a lot of buyers from such countries.
     
  8. prady
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    prady New Contributor Read Millionaire Fastlane

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    Definitely. This debt situation is not new to me, I have accumulated this over past 10 years. There were financially crunch situation during those years also, but I never refused to pay back the amount due.

    I have been paying the monthly EMI's & payments to these banks regularly through my salary, with only a handful of late payments about 3-4 years ago - that too due to lack of funds & not intention.

    This time also I intend to pay them back all of the money owed. I appreciate the funds given to me as loans or credit card limits - even though it ended up costing me a lot more in terms money & time.
     
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  9. prady
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    prady New Contributor Read Millionaire Fastlane

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    So today I setup the campaign on the following additional networks:
    • Bing/Microsoft Ads
    • Quora Ads
     
  10. jcvlds
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    Nice consistency. Keep it up.

    How are you structuring your campaigns and how are you sending out your marketing message?

    What ways have you found to speak to a specific group of people (through your ads) so uniquely so as to differentiate your offering from others and create the desire to purchase yours?


    Sent from my iPhone using Tapatalk
     
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  11. prady
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    prady New Contributor Read Millionaire Fastlane

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    Campaigns are structured by Geo's, if that's what you were asking. In terms of match type I am using BMM, targeting keywords likely to be used by users in either shopping or buying stage.

    Basically the USP's of the website that I am promoting. It got so popular due to certain differentiating features, so I am mostly just mirroring the same message through the ads and landing pages.
     
  12. prady
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    prady New Contributor Read Millionaire Fastlane

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    Updates:

    Bing & Quora have very low traffic for the targeting criteria being used currently.

    Adwords has volume but would need some more work to nail the right balance between spend, traffic volume & ROI.

    Also, I have decided now that I am not going to leave promoting this website until I make it work.

    No quitting, no looking for other opportunities/business models/methods - just keep trying to find a way to deal with challenges that come with promoting this particular business model.
     
  13. prady
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    prady New Contributor Read Millionaire Fastlane

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    Just 2 Weeks to go and I still have $0 revenue this month so far.

    But for some reason, I am not super stressed about it, and in fact am unusually calm. Not sure why, maybe I am used to this. Or maybe I realize that worrying won't solve anything. Maybe there is still hope of a turnaround.

    Created this meme which pretty much sums up my current situation :p

    [​IMG]

    [​IMG]

    [​IMG]
     
  14. Kak
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    Kak Capitalist Swine Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    PROFIT pays things off... Not revenue.

    You probably need a good job and right the ship before you try to go into business.

    Or file bankruptcy and start over. Kind of wimpy over 36 grand... But what the hell. Clean slate.
     
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  15. LightHouse
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    LightHouse Legendary Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Jesus..... This entire thread is all about you and what you need.


    What are you providing to others and the world?

    You've gotten stellar advice here, you responded that it all sounded ok and stuff, and continue down the same path with the same convictions and the same shit work ethic that focuses on what you think you deserve.

    But you don't deserve to pay those bills and have life easy because you aren't yet willing to do what it takes to become that person.

    Stop playing around. Get a job, work O/T until you can handle yourself like an adult.
     
    Last edited: May 17, 2019 at 12:38 PM

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