Millions have tried, millions are trying right now and millions will continue to try in the years ahead. There is so much misinformation out there regarding making money online, that you can easily be forgiven for thinking that all these millions are enjoying unbridled success.

The real truth of course is that the vast majority are failing. Their hopes of earning a healthy living from home are usually shattered before they have even begun. There is no single reason for this. It’s usually down to a combination of factors, and I intend to look at some of the reasons for the now infamous quote, “95% of people fail in their online business”. Some of the things I list below will doubtless be contested by many people but the harsh facts are that making money online, whilst entirely possible, is not the cakewalk that a lot of people will try to convince you it is.

So, let’s get down to debunking some of the nonsense – hopefully this will save a lot of people a lot of time and frustration.

1) Affiliate Marketing – so much rubbish is spouted by so many people who have never made an affiliate sale in their lives. The affiliate marketing model is indeed a powerful one and has made a number of people very wealthy. However, you are very unlikely to succeed with affiliate marketing without going through an arduous and sometimes lengthy learning process.

A huge swathe of articles you read about affiliate marketing are no more than rehashed PLR articles being used by lame hopefuls who are incapable of writing anything original on a subject that they are hoping to convince you they know all about. You can spot these peddlers of fifth hand information easily enough – look at the sites they link to, check their traffic rankings. Ninety Nine times out of a hundred you will find a cookie cutter website just like thousands of others or a direct link to an affiliate program that they foolishly believe you will sign up for having read their blindingly convincing pitch.

Are they the people to look to for advice? Think before you answer…….

2) Freebie Seekers and Freeloaders – this encompasses so many people it’s laughable. They talk about their “business” and seriously expect others to follow their blind lead. The term “business”, at least to my mind, indicates some sort of investment on behalf of the owner of that business – both in terms of time and money. Those most guilty of this faux pas are usually those who sign up to a free program, usually in the network marketing or MLM arena, and use every useless and pointless form of promotion as long as it’s free.

Much is said regarding failure rates in MLM schemes being so high, but one of the biggest is the freebie mentality. Don’t get sucked into believing you will ever make money online this way. The freeloaders are kidding themselves, but don’t let them kid you. The programs they sign up to for free often offer a paid upgrade and they live in hope (if they ever manage to recruit a single person of course) that they will grow fat on the subscriptions of others. Naturally this rarely happens, simply because they advertise to other freeloaders who have no intention of spending any money on their “business” either, and so the vicious circle continues.

If you don’t believe me, visit any free traffic exchange and look at some of the webpages circulating there. These people are dreamers – they will never make money online until they accept that they are eventually going to have to spend money to make money. Let’s get real here – when you’re looking for potions or energy drinks or some other latest greatest product that is no more than a copy of an already well established brand, is the first place you think to look going to be a free classified site on the internet? Maybe you’d head for the closest traffic exchange? Think – you don’t have to do it for more than a few seconds to see why these things do not work!

3) Throwing up a blog on a free platform and filling it up with Adsense or other PPC ads is unlikely to deliver much success. This applies whether we are talking one blog or fifty blogs. Adsense is great, but it’s also a numbers game – you need big numbers in terms of pages and visitors to make big returns. By big, I mean big – tens of thousands of pages receiving tens of thousands of visitors and you will probably start making a nice income. Throwing up fifty, a hundred or more useless blogs or splogs won’t work even if some people tell you that all you need are a couple of Adsense clicks a day on each one and you’ll be raking in the money. Great theory, but you won’t get the traffic to even generate those occasional clicks in the first place. Throwing up such poor quality free pages will achieve nothing – in fact, you’re more likely to get banned from Blogger and Adsense to boot if you’re not careful. Oh, and don’t think you’ll be smart and use auto surf sites to rack up huge numbers of impressions – using any kind of traffic exchange in conjunction with Adsense will get you banned very quickly.

Our freebie seekers of course will tell you otherwise, expecting you to believe that their PR0 blog with no comments is really generating a thousand dollars for them every month, and that all you need to do is visit this or that site, where you can learn to do exactly the same. You will naturally be directed to a page through an affiliate link – Clickbank or similar – to purchase an ebook that the freebie seeker has naturally never laid eyes on, let alone read.

4) Making millions with PPC advertising. This is a no brainer – all you have to do is pick some keywords, write a snappy ad, link to an affiliate program and give your credit card details to Google, Yahoo, MSN or whoever. You will wake up rich beyond your wildest dreams.

OK, maybe too heavy on the sarcasm, but it’s really not that easy. Ask anyone who has rushed blindly into PPC and lost their shirt in the process, paying for a truckload of clicks but generating nary a sale. I have a little more sympathy for these types than the freeloaders; after all, they have accepted that they need to spend money to make money, but unless you do your homework, it’s likely to prove costly. Even if you do your research beforehand, there are no guarantees that PPC campaigns will work for your business. Having said all that, PPC can be a very profitable tool, just don’t believe overly hyped claims from the totally inexperienced.

5) Start a blog and you will soon be collecting checks on a regular basis. Don’t believe this one either. There is a lot to be said for blogs as a marketing tool, don’t get me wrong. Blogs can and do increase your exposure tremendously, but apart from an elite few, blogs are usually not their direct revenue generators. A blog is a tool, and used wisely it will help an online business to grow, but it’s unlikely to pay the bills all by itself.

6) Article marketing – another area where a lot of ill informed and overly hyped prose is written. As a long term strategy, carried out correctly, article marketing can be hugely beneficial to a business of any kind, but it takes time to see results and there is a learning curve to go through.

I actually saw someone advocating the tactic of blanket bombing article directories with PLR articles and slapping affiliate links into the resource box. This was in an article submitted to one of my directories. They even went as far as to claim that this would guarantee a huge number of hits and sales. This is just one piece of foolish nonsense from a clueless fool, who, no doubt is wondering why article marketing is so useless, whilst trying to tell others how rich it will make them. It is a fact that most article directories do not permit linking directly to affiliate programs in the resource box! It follows that this is hardly the way to proceed.

7) Work from home opportunities have become a breeding ground for scams and hucksters the world over. Global opportunities for peddlers of schemes and tricks to make themselves rich have never been more plentiful.

There are several “opportunities” circulating at the moment that are borderline illegal and when they disappear into the ether there will no doubt be plenty to replace them.

Promises of overnight riches rarely hold much water if you examine them even superficially. Just because you see a video of someone opening envelopes full of cash does not make it so. One “gifting” program of this nature has obviously sucked in a fair number of gullible souls who really believe that people will be queuing up to send them three thousand dollars just because they show them a poor quality video on a traffic exchange.

Have you ever managed to sell a product online for three thousand dollars or more? I’m guessing the answer in most cases is – probably not. If you fall for this kind of scam, you probably deserve to get rooked – after all, how difficult is it for someone to get three thousand in cash (there are plenty of ways), go to FedEx, mail it to themselves and then film it’s arrival and subsequent opening on a webcam. If that’s all the proof it takes to convince you, you have some painful lessons to learn.

Whenever you read outlandish claims offering boatloads of money and retirement before you’ve even started working, in conjunction with proclamations that you don’t have to sell anything, don’t have to advertise, don’t have to do anything at all really, other than sit back and watch the money roll in…..and you find yourself believing it – my advice is to seek professional help.

8) Making money with sites that pay you to read ads, emails, visit sites, sign up for free offers, etc. I’m not saying that none of them work but in terms of time expended set against financial reward, they are usually a dismal prospect. Would you go and do a job for $20 a month?

There you have just eight of countless things that you should not believe. Trust me there are plenty more.

If you are serious about making money online, you are going to need a plan. You are going to have to spend some money to get yourself set up to do business. You will need a website of your own for starters (unless you intend to buy a hundred ebooks and courses telling you how to succeed without even this most basic of needs). This means hosting fees. If you are starting from a position of very little technical knowledge, you will have to dedicate a lot of time to learning the ropes or you will have to pay for the services of others. With most things online, the sooner you bow to the inevitability of having to lay out a little cash as you go along, the sooner you will start to open up some real possibilities.

There are countless ways to make money online, there are many people who are living proof of this, but try not to get caught up in the rubbish.

I have not mentioned things like stock or currency trading simply because they are not scams. Trading online can be lucrative and you won’t need a website of your own for this kind of venture but you will need capital, and you need to understand the risks, which are not insignificant.

However, that’s all a subject for another day. As grandpa said, free advice is often pretty much worth what you pay for it. Just be careful what you believe in your quest for online wealth and you’ll avoid a lot of wasted time and disappointments.

There IS plenty of free information on the internet and there are also plenty of free tools and software and services that may help you – but – you are starting a business and business means you will need some business capital to get off the ground. If you think otherwise and persist in looking for the elusive, no cost magic bullet, you are destined to fail and I don’t care what any rehashed nonsense some self help book tells you about irrefutable laws of nature or anything else. You need to do a lot more than just dream about online success if you wish to achieve it.

A closing thought – money may well make the world go round. If nobody spends any, nobody receives any. If you can find me something that disproves that 100%, tell me where to sign up.

Imagine for a moment that you want to create a product in the dating niche.

In fact, you even know what kind of product you want to create, who your target audience is and so forth.

Now if you could just get someone to show you exactly what to do…

• What kind of emails should you use?
• What sort of branding?
• What kind of follow up sequences?
• How should you position your product?
• What might the sales copy look like?
• What kind of pricing will work?
• How many upsells should you have and what should they cost?

Here’s an idea: Hire a $3,000 a month coach.

Here’s another idea: Reverse engineer funnels that are already in place.

Before we go any further on this… I am not advocating you steal anything, especially copy. I’m only advocating that you see what’s working and WHY it’s working. 

Okay, let’s get back to it…

You want to make a dating product. So, you go to someplace like Clickbank, find a product that’s similar to the one you’re creating and you become a customer.

You go through the entire sales process, copying every URL along the way. 3 upsells? You copy the URL’s. Oh yes, and you buy everything in the funnel, too.

This person has done all the work already. You can guess by their gravity how well they’re doing. If they’re on a platform like JVZoo, you can tell EXACTLY how well they’re doing, how well they’re converting and so forth.

As you’re going through the funnel, look at it with two sets of eyes – customer and marketer.

What does the squeeze page look like? The sales letter? The thank you page with the first upsell, and so forth.

Study how it works, how it’s put together, what kind of language they’re using, how they’re appealing to the customer, what kind of proof they have, how they present the offer and so forth.

How does the whole thing make you feel? Which parts do you think need improving? Which are working? What’s missing?

Go back to the squeeze page and put in a different email address from the one you used to buy the product.

Now watch your emails for both sequences – the sequence you get as a buyer, and the sequence you get as a prospect.

Notice what other cross-promotions they’re doing, what offers they’re making, and how everything is presented.

Again, I’m not advocating you steal anything. I am advocating that you do your homework and figure out what’s working.

This is the cheapest and yet the most priceless education you can get on how to build your own funnel.

Now go back and look for any other products that are similar to the one you’re producing, and repeat the process of reverse-engineering everything.

This could well be the best blueprint you could ever want for how to create and position your funnel for your own product.

Actually, I wanted to title this… “How to get the best affiliates to promote your products, put your links on their download pages, give you free solo ads, place your products in their funnels and send you lots of money and prizes.” …but obviously that title would be a bit long.

If you’ve ever promoted a product with a big launch, then you’ve probably seen those things called a ‘leader board.’ Usually it’s the top ten – although it could be top 15, top 20, etc. – affiliates at any given moment during the campaign.

Here’s the thing about leaderboards – everyone who is in on the launch can see them. And everyone knows who is at the top and who finishes at the top, too.

Being at or near the top of a leaderboard means of course that you are making good commissions, but it can also mean prize money. Some affiliates and list owners make five figures a year in prize money alone.

But being at the top of a leader board gives you a lot more than money – it also means you’re going to get some great offers from other product owners who want you to promote their products.

They’ll contact you asking you to mail out for them, and in return they’ll offer to mail for you when you launch products.

These reciprocal mailings can get you a lot of money, and not just from the people who ask you to promote.

When a product launches, there is a group of affiliates who are in on the initial launch, and another group who sees the launch happening and decides to jump on board at the last moment.

So having even one or two big name marketers promoting your product can result in dozens of other affiliates promoting as well.

But what if you don’t want a reciprocal mailing? Then you can ask for something else, like a free solo ad to their lists, an ad on their download pages, or you can ask that they promote one of your products in their product funnel.

Frankly, you can ask for anything you want. Free membership for life? Sure. Special deals for your readers? You bet. Advice and coaching? Yes.

Getting onto the leaderboards can do wonderful things for your business besides earning you commissions.

So how do you get on the leaderboards?

Obviously having a large responsive list full of people who trust you is one way.

But what if you don’t have a large list yet?

Then you might want to team up with other marketers. You’ll have to share in the commissions, but then you’ll also get to share in the perks as well.

Just make sure that your name appears on the leaderboard, and not some generic business name.

You want everyone to know that you’re on that board so you can get some of the perks that come from being a top dog.

I do a great deal of reading and researching on the topic of online marketing. I have to, it’s how I make my living. I imagine you do the same.

Which is why you may have noticed that a lot of people tend to over complicate the whole online marketing thing.

Really, you need a product to sell, someone to sell it to and a way to persuade them to buy.

That’s it.

In fact, I said that exact same thing to an aspiring marketer the other day, and he responded with, “That’s OVER simplified, tell me how I’m supposed to do that.”

Okay, here goes:

When you get someone on your list, your job is to build rapport so they like you and your content. Once you do this, it’s a lot easier to convince them to buy your recommendations.

That’s why I start out by telling them something about me and my life. Not a full-blown biography – I’m not that fascinating. Just enough so they feel like they know something about who I am and how I think and live.

Then I send them content and offers, same as any other marketer.

Except, I don’t try to appeal to everyone.

In fact, I don’t want to appeal to everyone, because when you make that your goal, you wind up appealing to pretty much no one.

Imagine if you tried to create the perfect food that EVERYONE likes. Any flavor is going to turn off a certain segment of the population, so you’ll have to remove all flavor to make everyone happy.

Except, of course, when you remove all flavor, your dish will be as bland as paste and it will appeal to no one.

Time and again I see marketers trying not to have opinions or offend anyone. And these same marketers struggle, despite having 5 or even 6 figures of subscribers on their lists.

When you appeal to everyone, you appeal to no one.

So what I do is ‘let it all hang out,’ so to speak.

I state my opinions. I give my thoughts. When I disagree with something, I politely but firmly make my case.

In other words, I’m myself. I don’t try to be an ‘everyman,’ I just work at being me.

Which I have a lot of practice at, so it’s much easier than trying to be someone I’m not.

Some people don’t like me or my opinions, and they unsubscribe. Hence the name, “repulsion marketing.”

Other people resonate with me and what I believe, and these folks not only stay on my list, but they also open and READ my emails.

And click my links.

And buy my stuff.

They’re receptive, enthusiastic, and fun to have as customers. I’m continually building my tribe, and part of that process is weeding out the people who aren’t a good fit.

I never worry about how ‘qualified’ my traffic is or what ‘quality’ it is.

My only job is to get people onto my list and then just be myself.

It’s like real life – some people think you’re a jerk, and other people become your friends and lovers.

And it works really, really well.

People love to tell you they are logical and rational, and that they make decisions based on the facts. But what people say and what they do are two different things.

Between you and me, people make decisions based on emotion – they just don’t realize it. So how can you tap into those emotions and get them to click your link or buy your product? By adding faces to just about everything you do.

Next time you run a Facebook ad, do a test. In one ad, use any image you want, as long as it’s not a face.

In the other ad, use an interesting face that expresses the emotion you want your prospect to feel.

Now notice which one gets more clicks.

Face images, whether they’re drawings or photos, work not just on Facebook ads, but also on your sidebar ads, blog posts, social media posts and so forth.

And they work especially well on all things Facebook and social media, because people are already looking for faces there. Thus your posts and ads will unobtrusively blend right into your customer’s newsfeed.

The human brain is actually wired to look for and respond to facial cues and expressions, much more so than the written word.

You’ve been wanting to start an online business, but you keep putting it off.

You want to build a new website, write a new book, create a new product, etc., but you can’t seem to do it.

Or maybe you just want to exercise more or eat better, so you have the energy to run your business.

Whatever the change is that you want to make, you might be having a tough time making that change ‘stick.’

Or perhaps you want to help someone else to make a change.

I’ve just started reading, “Instant Influence: How to Get Anyone to Do Anything,” by Michael Pantalon, and I want to share something with you.

It’s his formula for getting anyone to change.

Instead of telling them why they might want to change, you ask them why they might want to change, using these six steps:

Step 1: Why might you change? (Or if the person is you, ask yourself, “Why might I change?”)

Step 2: How ready are you to change – on a scale from 1 to 10, where 1 means “not ready at all” and 10 means, “totally ready?”

Step 3: Why didn’t you pick a lower number? (Or if the ‘influencee’ picked 1, either ask the second question again, this time about a smaller step toward change, or ask, “What would it take for that 1 to turn into a 2?”)

Step 4: Imagine you’ve changed. What would the positive outcomes be?

Step 5: Why are those outcomes important to you?

Step 6: What’s the next step, if any?

That’s it. I invite you to try this one yourself first, before you try it on someone else.

See what happens. I know when I used it to make myself give up a certain food that I was practically addicted to, it worked like a charm.

Next I’m going to try it on bigger things and see what happens.

According to the reviews on Amazon, this simple process has literally changed lives, so maybe it will change yours.

I know a few readers are going to take issue with what I’m about to say.

That’s okay. If you don’t like this or you think it’s morally wrong, then simply don’t do it.

For everyone else, riddle me this:

What do Abigail Van Buren (Dear Abby), Anne Hathaway, Ann Rice, Ayn Rand, Dr. Seuss, Eckhart Tolle, Ellery Queen, George Eliot, George Orwell, James Herriot, John le Carre, Lewis Carroll, Mark Twain, O. Henry, Voltaire and Woody Allen all have in common?

None of these people technically exist, because they’re all pen names.

The other day on the Warrior Forum I saw an old thread with a question that went something like this:

“I’m thinking of using a pen name when I go into a new niche. Is that alright, or am I breaking some sort of rule?”

Answers ranged from a friendly, “There’s nothing wrong with that, go for it.”

…to an angry, “What’s your problem and why are you trying to hide? Are you a scam artist or something?”

If pen names are a benchmark for whether or not you’re a scam artist, somebody better tell the writers and the descendants of writers listed above – I think they’ll be surprised.

From a marketing standpoint, pen names often make more sense than using your real name.

For example, you’ve got a good reputation online as the ‘go-to’ person in a particular niche. You want to enter an entirely different and unrelated niche. If you use the same name, readers in BOTH niches will be confused. And confusion is a sales and deal killer, by the way.

Another example: You’ve got a stellar reputation in internet marketing. You build rapport with your list and you only try to sell them something now and then. But you want to try the churn and burn method of marketing, in which you promote products several times per DAY via email. Naturally you will want to use a different name for this list.

(Churn and burn is getting as many people on your list as possible, and promoting to them like crazy until they can’t take it anymore and get off of your list.)

And by the way, no matter how much you and I don’t care for the churn and burn method, the fact is that it’s highly profitable. Which is why so many big-name marketers use a pen name to run their own churn and burn lists.

Another use for a pen name: You can recommend products created by your pen name, and have your pen name recommend your products. Again, a lot of big name marketers do this. I’m not advocating this method, but it does work.

I’ve also known marketers who only worked under a pen name and never under their own name. Usually this is because they have a name that is virtually unpronounceable and unspellable by most people on the planet, so really it’s a question of branding.

And speaking of branding, you could always choose a name that fits your niche particularly well. For example, if your niche is gardening, then calling yourself Rosemary Greenfield or some such might be a nice touch.

There is one reason for using a pen name that – in my opinion – beats them all, and it’s this:

When you use a pen name to build an entire business, you can then SELL that entire business to someone else. They keep the pen name, and customers don’t even necessarily know it changed hands.

If anything goes wrong with the business after you sell it – for example, the new owner doesn’t deliver on the promises of the business – it won’t affect you or your reputation in any way because your name has never been associated with it.

Bottom Line: There is nothing unethical about using a pen name. They’ve been used for hundreds of years by some of the best writers in their field.

And there are some dynamite advantages to using one.

If you’ve been in marketing for awhile, and you cater to the online marketing crowd, then you’ve gotten an email from a subscriber that looks like this:

You’ve gotten that email, too, right? I think we all have.

Which got me to thinking…

What if you set up a squeeze page that has an offer like this: “30 day course on how to start your business and earn $X money in 30 days. Pay nothing now, and simply send me $100 when you’ve earned your first $1,000.”

Do you think you would get some subscribers? Of course. This isn’t your typical offer at all, and people will recognize this.

So, you get your subscribers and every day they get another email from you with another step in how to build their business.

For the content, I recommend getting one of those big PLR courses with 30 steps or 40 modules or whatever number of lessons that teach how to build an online business. The number of steps will determine the number of days your course runs.

Each day you email out a link to the next step / course / module.

Pretty soon your new subscribers will realize that this is a lot of work, and they’ll be wishing for a shortcut.

~~cough cough~~

And you give it to them, of course.

This is a much sexier course, such as how to earn $5,000 in the next 20 days by working one hour per day, or whatever.

You place the link in each email and on each daily page of the course.

And you will make sales.

Now then, if you’ve been paying attention, then you realize this is simply a variation of a very tried and true method:

Teach them step-by-step how to do something, then offer them an easier or faster way to get the same or better result.

You start out teaching, but when things get too hard or time-consuming, you come to the rescue with a shortcut.

People love shortcuts, and they gladly buy them every day of the week.

This is just another way to frame it, and you can use this method in other niches as well.

“Pay nothing until you find your dream spouse.”

“Pay nothing until you find the home of your dreams.”

Pay nothing until your investments earn you at least $x money.”

“Pay nothing until you land your dream job.”

And so forth.

It’s all in the positioning. And because this method hasn’t been done to death, I guarantee it will afford you plenty of traction and a good amount of sales, too.

Are you willing to work like crazy for 5 years (give or take) so you can retire?

If so, I’ve got a business plan for you. And I don’t care if you’re 20 or 70 – this can work.

One note before we get started: Anything that you either can’t do, don’t want to do or don’t have time to do, you outsource.

If you’re going to actually, really, truly retire in 5 years, taking this from zero to a 7-figure payday, then you need to get work done FAST.

And in many cases that’s going to mean outsourcing some of this.

Oh yes, did you notice how I covertly slipped that “7 figure payday” in there? I’m serious about that. Doing what I’m about to lay out for you, you can indeed retire in about 5 years with about 7 figures.

Your results may vary – in fact, they might be a whole lot better than that, I don’t know.

Let’s get started:

What I’m about to propose isn’t rocket science. It’s not even new. But it is profitable, and here’s the key:

You can do this in parallel, meaning instead of doing just ONE of what I’m outlining, you do several.

I recommend 3 – 5 of them.

What you’re going to do is build an entire business from the ground up, with an eye on selling it.

That’s right – the entire time you’re doing this, you have your exit strategy in mind.

It’s sort of like someone marrying for money, knowing they’re going to be asking for a divorce in 5 years. The money is a sure thing, they just have to put in the time and work.

Okay, that was maybe a bad analogy, but you get the point.

If you put in the time and do the work, you will get the money.

You’re going to choose a very popular and not too broad topic. For example, weight loss for busy women, dating for men, traffic generation for online marketers, etc.

It needs to be a topic that has plenty of interested people willing to buy plenty of products, and of course there needs to be plenty of affiliate products continually coming into the market.

Now that you’ve got your topic, you’re going to build a sales funnel.

Run a free offer on a squeeze page to get subscribers and place a couple of products in your funnel for them to buy.

Maybe you’ve got a $7 report and a $37 video course, or whatever.

These should be quality products that YOU own. And yes, they can be built around PLR, or you can outsource, etc.

For your high-ticket offer, create a membership site and drip feed content into it. Your goal is to get lots of people into that membership site.

I know what you’re thinking – thus far I haven’t told you anything new, except for the fact that you’re doing all of this with an eye to selling it.

Yet who does this? Very few people, but those who do end up with BIG paydays.

Do everything under a pen name.

Make no mistake – EVERYTHING must be under your pen name.

And for each of these businesses that you build, you need a different pen name.

Okay, you’ve got a squeeze page to capture names, a funnel with a low-priced product, a mid-priced product and a membership site.

Now you need a blog. Get a great logo, excellent branding and make it look super professional. Do NOT skimp on the branding and logo.

Post on the blog at least a couple of times a week, preferably more.

Link from the blog to your free and paid products.

Make each upsell in your funnel a stand-alone product, too, and promote those on your blog.

Promote affiliate products to your list to make some good money as you go along.

Now write a book. See? I told you there was work involved. You can use content from your blog to create your book, or hire someone, or just write it yourself.

Link from inside the book to a squeeze page to capture more subscribers.

Get a great book cover. I mean a cover that looks like it should be on the New York Times bestseller list. Don’t skimp on this, either.

Put your book on Amazon and get your subscribers to review it for you. Yes, the book is under your pen name, too.

Don’t worry too much about promoting the book. Your real motivation here is to build credibility. A book on your topic with your pen name on it looks AWESOME when you put the thumbnail at the TOP of your blog.

Wow! You (your pen name, actually) are an EXPERT.

Cross promote from any existing lists you have to get more people onto your new blog and get more subscribers there.

If you create a big product such as a $200 – $1,000 course, get affiliates to promote it. Or get affiliates to promote your memberships site.

Your goal is to build your list BIG, make some nice income along the way, and put together a very professional looking business which you then sell for six or seven figures.

If you do this simultaneously in 3 to 5 different niches, you will have an AWESOME retirement in about 5 years or so.

What I recommend: Start in ONE niche and get everything into place. Hire someone to write the blog posts for you and do some promotion.

Now that you know everything that is involved, take some of the profits from your first site / list / business and those profits to outsource a lot of the work in your second, third, and fourth businesses.

You see where this is going. Five years of hard work, along with rolling some of your profits back into the business, and you then get to sell them.

Sites like these that have products, big lists and a BOOK sell for a healthy six figure income. Sometimes even seven figures. Apiece. And you’re going to have 3, 4, maybe 5 of them.

Remember to keep everything separate on each site. Separate hosting. Separate autoresponders. Separate everything. This makes it super easy to turn control over to someone else when the time comes.

Turnkey online business are always in demand. From a buyer’s perspective, they pay a big chunk of money but then they get a guaranteed stream of income. All the buyer has to do is continue what you started.

You can even turn over your outsourcers to the buyer if they don’t want to do the work themselves, and often they won’t. For them it’s an investment in their future. For you it’s a major payday and a plane trip to the islands.

One more thing… if you would like to continue to make a nice, easy income after you sell your sites, then I recommend you promote your own personal site to the folks on these lists you’re building.

For example, your pen name is Jon Smith. Your real name is Abby Jones. Jon Smith often recommends Abby Jone’s product or blog or freebie to his readers.

Thus you get people subscribed to your list, too, who get to know you, not just your pen name.

You retire, and you can continue to send out emails promoting affiliate products.

So not only do you get a big payday – you also get some large lists of your own that you can continue to promote products to.

Remember – 5 years of hard work, and then you can retire.

No job in the world that I know of, offers you a retirement plan like that.

Here’s a clever idea for making money with your list:

You have a list of buyers and a list of prospects, right?

Rent out your list of prospects to product owners, advertising their “Product of the Day.”

This is different, because nearly all solo ad sellers won’t let ad buyers send traffic directly to a sales page – they have to send it to a squeeze page.

But some product sellers want to focus only on getting sales, which is where your “Product of the Day” series comes in.

Each day, you rent your list of prospects to product owners. You’re not sacrificing your own buyers, and you’re giving marketers a chance to make sales directly from your list, using your good name for added credibility.

It’s a nice way to monetize all those freebie seekers who for one reason or another aren’t attracted to your products.

Remember, just because they haven’t bought your product yet doesn’t mean they won’t be enticed by someone else’s product.

On a day that you don’t sell an ad to your list, you could promote affiliate products… The sky is the limit!