How to make a lot of money online

Website design By BotEap.comAfter spending eighteen months in the AM2 GOLD mentoring program with Alex Mandossian and Armand Morin, two of the most successful people on the Net, I discovered six strategic secrets.

Website design By BotEap.comSTRATEGIC SECRETS

Website design By BotEap.comThe ‘strategic secrets’ are the strategies you need to get right if you want to be successful in making money online. As we often say in the venture capital business, “If you start with the wrong strategy, no effort will succeed except changing your strategy.” So if you really want to be successful online, here are the six secrets you need to know and follow.

Website design By BotEap.comTHE 90-10 RULE

Website design By BotEap.comThe first is ‘The 90-10 Rule’. Violation of this rule is the reason most people NEVER make any money. The 90-10 Rule says, “Spend at least 90 percent of your time getting traffic and converting it into customers and money…and spend no more than 10 percent of your time on technology.” Since time is your most valuable asset, managing it effectively becomes critical to your success. When building online businesses, there are four areas that require your time: selecting a product, building and assembling the technology for your site, getting traffic, and converting traffic into customers and money.

Website design By BotEap.comTHE FOUR REQUIREMENTS

Website design By BotEap.comFirst, you must have a product or service to sell if you want to get money in return. Products can be physical (cars, golf clubs, light bulbs, etc.) or informational (books, newsletters, music, courses, etc.). Second, you must have some technology. Since online businesses operate in the digital world of the Internet, an online business requires a digital infrastructure consisting of things like: URLs, web servers, high-speed Internet access, many software applications, credit card processing , etc. Third, you need traffic. Without traffic to bring prospects (potential customers) to your site, the best product and technology are worthless. And finally, you need to convert some percentage of that traffic into customers and money. This is done with powerful headlines, compelling sales copy, numerous testimonials, a great offer, and a good guarantee.

Website design By BotEap.comWHY MOST PEOPLE FAIL

Website design By BotEap.comMost people start by selecting a product to sell and then move on to developing their website or technology. Since few people have the resources to hire experienced webmasters to take care of the technology for them, they try to learn the technologies themselves in an effort to save money. Non-technical people trying to learn HTML, FTP, networking, software applications, e-commerce, etc. are violating the 90-10 Rule and are generally doomed to collapse before they make any money. Why? Because learning the technologies is too complex and time consuming for the average person. However, a recent study found that most newbies spend 90 percent of their time trying to make technologies work and only 10 percent of their time getting traffic and learning conversion skills. And then I wonder why they never make any money.

Website design By BotEap.comWHAT THE PROFESSIONALS DO

Website design By BotEap.comSuccessful online entrepreneurs do just the opposite. They have discovered that there is NO money in learning the required technologies. It’s best left to webmasters and geeks. Professionals have learned that money is made by getting traffic and converting it into customers and money. Hence the 90-10 Rule. As a result, all professionals hire experienced webmasters to handle their technology requirements so they CAN spend 90 percent of their time mastering traffic and conversion skills.

Website design By BotEap.comTHE SOLUTION FOR BEGINNERS

Website design By BotEap.comUntil now, everyone who wanted to make money online had only two options to handle the required technologies. EITHER:

Website design By BotEap.com1) hire an experienced webmaster OR

Website design By BotEap.com2) learn the technologies themselves.

Website design By BotEap.comSince the technologies are so complex and difficult to master, most newbies give up before learning enough to move on to traffic and conversion skills. Now there is a new technological solution that practically eliminates this problem. This technology is called simple money machines. Simple Money Machines is a new online hosted application that provides all the technology you need to make money online without the need to hire an expensive webmaster or learn any technology.

Website design By BotEap.comSINGLE MONEY MACHINES

Website design By BotEap.comSimple Money Machines is the first complete Internet-Business-In-A-Box. Everything you need is now in ONE simple, point-and-click HOSTED app. No more hosting accounts to set up and manage, no HTML to learn, no more software to buy, and no more expensive webmasters. Each Simple Money Machine comes with: Hosting, Automated URL Setup, WYSIWYG Site Builder, Email Auto Responder and Signup Page, Ad Tracking, Web Audio, Split Testing, Ecommerce, and Dashboards. Anyone who can point and click can now set up a complete web business in less than 30 minutes with no technical experience. Best of all, each Simple Money Machine costs less than a Starbucks coffee per month. And each machine comes with a FREE home study course titled HOW TO EARN YOUR FIRST $50,000 ONLINE in less than an HOUR A DAY.

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