Bankruptcy to Millionaire

This is you in your comfort zone. You like it in there. In fact you’d never leave if you weren’t forced to.

I mean, hell, it’s comfortable. Why on earth would you leave what’s comfortable?

But here’s the sad fact. If you never FORCE YOURSELF to leave your comfort zone. You are destined for mediocrity.

You know the feeling of that comfort zone. When you go and eat the same types of food everyday. You talk to the same people. You go to the same places. You read the same authors, the same blogs. You vacation at the same places. You wear your hair the same way. You wear your favorite jeans or your favorite tie as often as you can. You order the same drink. You watch the same TV shows. You work the same job. You say the same jokes.

Most people, interestingly, are creatures of habit–by default. This is how most are programmed. We find something that works for us. Then they stick with that. Why change?

“I know I like these things.” “I know I’m good at this.” “I know this tastes good.”

It’s just so much easier to go with something we already know works. We’re comfortable
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Ok, well the moment of truth is here. These are the results from my Two Week Cash Challenge:

(I didn’t realize the numbers were so bad. I guess I wasn’t tracking as well as I should have. This is a true confession.)

Adwords Statistics

30,000 Impressions

464 Clicks

1.52% Overall CTR

 $132.55 (*cringe*) cost

Landing Page Statistics:

46 Initial Opt-Ins

20 Confirmed Double Opt-Ins

Clickbank Statistics: 

251 Clicks To The Product Sales Page

1 Sale (+24.55)

Total Two Week Cash Challenge Results:

20 newsletter subscribers

 -$108.00

There you have it. My confession. I’m not buttering things up here. I did NOT meet my expectations, or my financial goal. Some may look at this as a failure. I do not. It was a great learning experience for me. I know many areas where I went wrong, and what I can do better next time.

What went wrong?

There were a number of things I did wrong. I did not optimize my ad groups enough. I just broke them down in to basic categories. This was a small issue, but it did effect my quality score.

My biggest issue was:

I did not optimize/split-test my landing page/opt-in form. Looking at my statistics now, I realize how truly terrible they were!!! It started out great in the first two days, and after that I kind of ignored that number. This was a huge mistake! I shoud have paused my campaign as soon as I noticed I wasn’t over 50% and started optizing the landing page.

If you are starting in affiliate marketing. DO NOT MAKE THIS MISTAKE. Constantly track your numbers.

Which has inspired me for my next challege. Stay tuned tomorrow. I am going to challenge myself, and YOU. If you can keep up, there is something in it for you.

If you challenged yourself, what were your results?

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(Make sure to read this entire post, to get in on the challenge that will change your life.)

*cue fireworks* *cue marching band playing John Phillip Susa*

Well it’s finally here. Mark it in the history book, www.BankruptcyToMillionaire.com has hit the 3 Month Milestone!

With 62 63 Posts, 113 comments, and over 300 unique visitors a day. I am THRILLED. This blog has grown faster than I would have ever imagined. This is not a blog that I’m trying to get rich with, or trying to establish myself as the end-all know-all expert of everything.

It’s about my growth, and experiences that will lead me to my ultimate financial freedom. I am thrilled to hear the comments from you all, that talk about how you are becoming inspired to take MORE ACTION and to accomplish more, more often. Good work! Lets get there together!

I Challenge You To Change Your Life.

Lets face it. There are a lot of damn “Money Bloggers” out there. Some blogging about how to make money online (some actually do, most really don’t). Some blogging about how they are TRYING to make money online (which is only part of what I’m trying to accomplish here). But here’s the thing. Other than blogging about things. What in the hell are you doing to try and make some money?

I know I’m “trying” things. But as one famous puppet once said: “There is no try. Only do.” . And with that spirit in mind. Here’s the simple challenge:

Two Week Challenge For Cash!

“Do ABSOLUTELY EVERYTHING in your power to reach your goal by 11:59 PM January 28th 2008.”

That’s the whole challenge. Now if you’re trying to make money online, you can either choose to embrace this challenge and put your destiny in your hands, you may choose to accept that your Destiny is in YOUR HANDS. You control your outcome. Or you may say to yourself like you always do:

“Oh yeah, I really need to do that. That’s a good idea. I’m definitely going to think about doing something like that myself someday.”

But here’s the sad reality (and I know this to be true. Because I said this to myself every time I had/read/thought of a good idea that I really knew I should take action on, but never did) is that you are NEVER going to take action with that attitude. If you always have a reason to not take action now, then when?

NOW is the ONLY time to take action.

So now I must set a goal. (In addition to write on this blog my goals. I am writing them BY HAND, ON PAPER, and posting them in front my computer. This way I KNOW exactly what I am shooting for every step of the way.)

My goal is to by the end of January the 28th to have had my first $100 day. That’s right: I WILL make $100 IN PROFIT by January the 28th.

Tonight is going to be spent researching the most effective and quickest ways I can implement to start making some money. Ideas I have:

• Find affiliate offer
  • PPC Marketing (Not working the way am doing it right now.)
  • Free Traffic?
    • Craigs Lists
    • Ebay
    • Social Networking?
      • Myspace
      • Facebook
      • Friendster?

• Proxy Websites
  • How are they done?
  • Can they still make money?
• Niche Blog Network
  
  • Travel
  • Wii
  • Ebay
  • Monetization?
    • Adsense
    • Affiliate offers?

• B2M
  • Can it be monetized?
  • Do I want to?

There you have it. That’s a general outline of where my mind is at. With massive SIMULTANEOUS action on one, or ALL of these things reaching $100 in twenty four hours should not be all the difficult with some thought.

Now, YOU KNOW WHAT YOU HAVE TO DO! Just go do it. I’ll see you in two weeks.

- Tevin

P.S. Post your comments if you’re taking me up on your challenge. What are your goals? If you wrote a blog on what you’re taking action on RIGHT NOW leave a link. Just do it, or be left in the dust. Good luck everyone.

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On Saturday I blogged on having a lack of concentration. And feeling “lackluster” or stagnat.

That was Saturday.

THIS IS TODAY. And today I feel GREAT! I feel today is going to be a fantastic and PROFITABLE week.

• This site is growing by leaps and bounds. (Just broke the 200,000 mark on Alexa is just over a month of Blogging.)
• Last night at around 12:30a I register my new domain to launch my new site. (More on that in a second)
• I have some great ideas that should make some good money for the company I word for (and generate some commissions!)

What am I going to be doing?

Registering and starting this website will be my first trust step from moving to Bankruptcy to becoming a millionaire. It is a true exercise in wealth building because it could become a somewhat high paying residual income.

What I’ve done is, I’ve created a page to affiliate marketing a Dog Training and Obedience course. But the neat thing I’ve done is I’ve created a seperate landing page for each of the major dog breeds (so far I have about 18 of the most popular breeds).

I am going to begin marketing the site with adwords and other PPC methods. The great thing is this product will lead to a back end market. I will be able to continue to market additional products to the people in this niche. And I have a few ideas that could turn this business into a $1,000,000+ a year enterprise if this site is successful.

People love their dogs. And they love to take care of their dogs.

I am going to be tweaking and testing this site over the next few days to find out if there is any life to it at all. I will report my progress over time.

*Side note: Finally I am getting to the nature of why I started this blog. Yes it has started off slow. But with some skill, and some luck, and I DOCUMENT exactly how I go from doing nothing. To make real money. In REAL TIME. Thanks everyone*

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*Note: There are ZERO affiliate links in this article*

I hope everyone had a fantastic Turkey Day (In the U.S. at least… everyone where else I hope you had a wonderful run-of-the-mill Thursday ).

Ok, so I’ve made a bold commitment:

“I will go from DEEP in debt and negative in my bank account to becoming a millionaire in 48 months. And I will blog on my entire journey to prove it.”

So I’m just over a month in… and I still have a TON of work to do. There is still a lot of work to be done on my integrity and my personal fortitude. There are still many things I would like to change within myself. But as I’m doing those things I have to be looking at how I am going to start turning a massive profit.

The first secret I know to become a millionaire is I CAN NOT trade my TIME for MONEY. I’m working a job, and I’m doing magic part time. That accounts for about $1900 in monthly income (even if I had no monthly expenses I would become a millionaire in about 526 months).

Needless to say I’m not going to become a millionaire in just 4 years with this approach. I must find a way in which to begin find out how to do work one time, and get paid for it over and over.

So what’s the best way? I spent a lot of my Turkey Day (and many other days) looking at various ways that people are making money. I found a few interesting things that I’ll share in a second… But first, let me be clear:

I am not some sort of delusional freak looking for the “Magic Pill” that is going to make me RICH overnight. I know there is only one (reliable) way to true, personal wealth. HARD WORK.

This is what I’ve come across in the last couple of days that *could* make me a million dollars in the next 47 months:

• Copywriting
  • There are a ton of opportunities out there to make good money, especially if I can write a piece that converts. My dad *whom is supporting me greatly in the journey, even by sponsoring this blog!* told me of a few interesting ways to get into mail order houses, that will test your list, and pay you on the amount of letter they actually mail. If you write a letter that converts, you could make TONS of money residually for a long time.

• Mail Order
  • This is related to the copywriting field but a little bit more extensive, and requires a bit more capital. But the profit potential is HUGE. I’m just finishing reading through Vincent James’ The 12 Month Millionaire for the 2nd time. This man made TONS of money in the Fake-Medicine market (XYZ enhancement pills).

    I DON’T want to sell the shysty pills he sold. But the information he provides in his book is PHENOMENAL. I do have a few ideas that I think may be a GREAT may order idea. And will tie in perfectly with an online promotion I have planned.

    I have every intention of doing a mail order campaign as soon as possible because I believe this is where becoming a millionaire is MOST LIKELY. Although this probably won’t be launched for another two or three years.

• Affiliate Marketing
  • Promotion of other peoples products for a profit share. I have one of these planned to execute in the next two weeks in the Dog Care Market. I do not plan on making millions here. But it could be a nice profit nest egg generator for my future endeavors.
  • PPA/CPA networks. This is the one I’m the newest to. I’ve just began investigating these opportunies through some guys that are putting up some pretty penomenal numbers. (Shoemoney, UberAffiliate, Zac Johnson, and others) Some of these guys are putting up absurd numbers in the PPA networks, and I’m officially fascinated. But again, it appears you’ll need some start up cash to test what works. And from what I can tell you must DEVOTE tons of time to make sure everything is optimized.

So for those of you that were curious on how I was planning on becoming a millionaire in only 4 years. It will probably be in 1 if not all three of these markets. Have a great weekend everyone!

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You know, I’ve heard it (probably) hundreds of times before:

“You can’t just want to ‘get rich’. You have to love what you do. You have to want to provide value to others. You must have a passion, or you’re never going to find long term ultra-success.”

I’m heard this over and over (and over and over). And I fundamentally “heard” it. I heard the words they were using. But I wasn’t listening. I wasn’t comprehending the true message. Because I always wanted the quick score. I thought “loving” the money would be enough. Hell, I have a passion for being rich! That’s all I need.

HA!

This is so false! And the reason I have tried and failed so miserably so many times before. I was just trying to make as much “cash” as possible. I wasn’t worried about what I was providing to others. Hell I didn’t care what it was that I was trying to sell. If I thought I could make money with it. That was good enough for me!

 It’s not enough! After a ton of soul search, thinking to myself (you do a lot of that when you’re poor and have no money to spend on anything.) I’ve realized where I’ve gone wrong. I spent a large portion of my life thus far trying to “strike it rich” for all the wrong reasons. Don’t get me wrong… I still wish to be successful.

But it’s occurring to me more and more how much financial success is completely irrelevant if you don’t absolutely love your life. If you don’t love, and believe in every ounce of what you do. Then what’s the point?

I believe in this blog. I love every ounce of it. It means so much to me, and the progress I’m making in my life. Sure, it doesn’t make any money, and it probably won’t be the new hit of the web. BUT, I believe several things about this blog to be true.

I believe in the long run, I will be able to refer back to these writings and view my progress. I believe that my words will also help to inspire others who are in a similar situation as myself. I believe that I can create a system to help aide in the success of others. By “cracking the code” myself. By doing it first and documenting it in real time, I will have accomplished something on the internet, that I believe no other person has yet to do… Become RICH in every sense of the word. Not just financially, but emotionally and personally as well.

Thank you so much for letting me share my journey.

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