Work 1 hour per day & earn $10 million

[CMCarlin]

Great article on Markus Find of Plenty of Fish:

And the Money Comes Rolling In | Printer-friendly version

 

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[rxcknrxll]

re: Work 1 hour per day & earn $10 million

i just bought the latest INC with him on the cover like 5 seconds ago. looking forward to working an hour a day myself. as soon as i'm done working 16 hours a day. lol!

 

[hatterasguy]

re: Work 1 hour per day & earn $10 million

Interesting guy!

 

[imoutthere]

re: Work 1 hour per day & earn $10 million

Shouldnt this article should be in the success stories thread?

I read it awhile ago since i have a subscription to this magazine. I really enjoyed the article.

What he did is alot of what MJ preaches, Create something that will help ALOT of people, turn that it into a system, then let the system be the business.

He didnt start it to make money, he started it so he could create a job for himself and essentially throw it into his portfolio.

Another MJ post also comes to mind. Its the one about mindest.

I know i am always thinking of creating/promoting products or ideas that can make me large sums of money. I have to admit that i never really focused on how to help masses of people. I primarily focused on just the money.

This is a classic example of that mentality. He helped people by creating a free dating site. There were plenty of paying date sites available and their still are. This is one of the major free dating sites. So by not focusing on money or monthly memberships, the website started growing. Now money is being thrown at him just to advertise on his sight.

It really makes me rethink everything i though about making money. This is just another example of how someone with a simple idea helped millions of people. Now for doing so, hes reaping the rewards from his hard work to the tune of $10 mil per year.

Here are his rules:
Rule No.1: Pick a market where the competition charges money, and do it for free.
Rule No. 2: Keep your costs low. Really low.
Rule No. 3: Use Web 2.0
Rule No. 4: Relax.

Very Impressive.








focus more on helping people

 

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[rxcknrxll]

re: Work 1 hour per day & earn $10 million

people don't get big results if you don't shoot big. this guy picked a business model that can easily scale as big as you want it to go. perhaps he did it by luck, but still, the business model you pick is huge. you can stunt yourself before you even get started if you pick an endeavor that is inherently small scale. this is a common mistake; one i've been guilty of more than once.

 

[Rawr]

re: Work 1 hour per day & earn $10 million

well this is intresting article but i am not goona belive on it that 1 houre = 10 million

strange

Key point = NOW it is 1hr a day.

When he started, it was 60 hours or more, he was breathing POF, and trolled forums looking for adsense advice.

this is how it works EVERY TIME. There are no shortcuts.

 

[garosteering]

re: Work 1 hour per day & earn $10 million

If I visited the site without reading the INC. article I would not think its a cash cow. I am learning that traffic is king....

 

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[callmelucid]

re: Work 1 hour per day & earn $10 million

this is cool. inspiring. thanks for the link

 

[fanocks2003]

re: Work 1 hour per day & earn $10 million

Key point = NOW it is 1hr a day.

When he started, it was 60 hours or more, he was breathing POF, and trolled forums looking for adsense advice.

this is how it works EVERY TIME. There are no shortcuts.

There are shortcuts, but they usually cost a bit of money. If you do start out like me, with no actual money to speak of, then you are forced to work many hours.

But if you start out with a lot of money, then you can start working 1 hour from the get go. Because you can buy the necessary service to make magic happen.

So it is really a question of definition.

 

[rxcknrxll]

I'm always really skeptical of guys like this, but I can't help reading about them It's true, shortcuts exist and usually cost money. Usually lots of money. There's nothing wrong with working your tail off though; it teaches you to appreciate your successes and motivates you to learn to keep what you earn.

 

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[fanocks2003]

I'm always really skeptical of guys like this, but I can't help reading about them It's true, shortcuts exist and usually cost money. Usually lots of money. There's nothing wrong with working your tail off though; it teaches you to appreciate your successes and motivates you to learn to keep what you earn.

I am not sceptical of those people. I try the theories they tell you about. Many don't work well, but some actually help you a lot. As always, if you don't try you don't know. Life is risky, what can I say. The only thing you can control is the management of the risk, or the potential risk.

Shortcuts, the very word, has a negative conotation. Unfairly I would say. I would even say this: I would only wish I would have started taking shortcuts earlier in life. Then I would certainly be at least ten times as rich today.

People who are on the Forbes list (not all of them, but fairly many I would assume) took legal shortcuts and made billions in time spans that spin our heads on this forum. Just look at Sheldon Adelson, he made a couple of Billion dollars in 1 year if I remember it correctly. Sure he has lost something like 90% of that value now, but the fact still remains, he actually made it happen.

 

[mtnman]

Shortcut?

If you call finding something that a large number of people are paying for and giving it to them for free in exchange for long term relationship, then this longcut business is for wankers.

Case in point... continuity customers, on average, are only valid for 1-3 months, depending on the service.

Some wise a$$ comes along and gives the same platform, to the same group of people for free, they will likely continue to use it for a longer duration. (not consistency, longevity)

He just earned a relationship with that group of people that he could put ads in front of for life.
Then viral.

Now, the haters think he only works an hour a day.

Let me remind you, that hour is just the drive to the bank!

 

[rxcknrxll]

Good points, both of you. I think what you're calling "shortcuts", I simply call "leverage". Same diff. I wrote about making money fast just yesterday on My One Hundred Things. It illustrates this exact point. And it's kind of the point of this whole Fastlane forum.

I think the reason I usually argue against the mentality of taking "shortcuts" is because there is so much misunderstanding out there on what that actually means. You can't shortcut the value you create for others. That said, there's nothing to say you can't create huge value in a short period of time. In fact, why the heck wouldn't you?

 

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[WestCoast]

I usually don't give speed + to those who just post a link, but this is great!

super fast lane, speed ++!

 

[fanocks2003]

Giving stuff away for free (so called "loss leaders") is a shortcut. A smart one. Why is it a shortcut? Because it cost less money overall than if you where to market your stuff and try to convince new customers to buy from you.

And the loss leader really does not have to cost you a cent either. Today we have pdf ebooks. Many of these good and related ebooks can be had for free (with no need of paying a license) and can be downloaded by people for free also.

When you give away free stuff, then that really is valueable news to people so you could use pressreleases to reach out and pressreleases really cost nothing.

So as you can see, being generous in business might be a big shortcut without a compromise on value or quality.

 

[CMCarlin]

This has been posted before, but I love GV and thought that this was worth posting again, because of the relevance of the term 'shortcuts'. I think it all speaks to the same idea that yes, this guy works very little, and makes a ton, but it took sweat equity to get there.

[ame=http://www.youtube.com/watch?v=CoieMwGNQ-U]YouTube - In the Trenches Bitches[/ame]

 

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[BryanC]

LoL. The leverage available on the web and the population sleeps. Slept past the radio era, tv era, and now the internet. LoL.

This proves right here that anything is possible.