Quick Money Vs. Slow Money
A lot of people jump on the internet bandwagon
hoping to make money online. That's a good choice
because I strongly believe it is EASIER to start a
business online than offline. And the opportunity
online is just so huge!
The first thing you need to make up your mind is whether
you're looking for "quick money" or "slow money".
Get this, either of these is bad or good. Both of
them are good. Both of them will put money into your
pocket.
They are just how they are and each of them has a
different method to achieve success. Understanding
what you're going after is more important to get the
results you want.
So, are you looking for quick money ... or slow
money online?
I can understand that most people would want to gain
quick money. I mean, who wants to wait to see an
income from the internet! Duh. The faster it is, the
better it is. But generally, slow money will provide a
more consistent and stabile income for you. If you're
planning to retire or quit your job with your internet
income, then go for the slow money.
Honestly, you can earn quick money online as fast as
within 24 hours. Here's how to do it ...
Pick a product that you want to promote as an
affiliate. If you don't know where to find products to
promote as an affiliate, the easiest place to find them
is at ClickBank.com. Once you got it, go and buy some
pay-per-click advertisement at Google Adwords. You're in
business in less than 24 hours. Will you make money or not?
It really depends on your marketing skill by then.
That's QUICK MONEY. The problem with quick money
is, you're not really building a business for yourself.
You're making money, but not building a business.
Building a business doesn't means that you're
making money.
Another way of making quick money is buying solo ads
in a newsletter to promote an affiliate product that
you know is converting very well.
A slow money strategy is focused on building an
asset for your business.
Some of the strategies include spending months to get
high ranking in search engines, creating your own
brand, building relationships with Joint Venture
Partners, etc.
If you can't decide whether you want quick or slow
money from the internet, just ask yourself ...
"Do you want to build a business or just want to
make money?"
I'll say, do both but focus more on "slow money"
because it'll pay off many times better. The "quick money"
will help you to pay off your current bills while your
"slow money" will give you peace of mind each night
when you sleep. Small sacrifices but huge reward.
Finally, an analogy to this concept is the
Hunter or Farmer position.
A Hunter wakes up to hunt for food to eat everyday.
If he did not get any animal when he’s out hunting,
he'll be hungry.
A Farmer plants vegetables and fruits to be harvested.
During that period of time, a Farmer doesn't get
to eat any food until they’re ripped.
So, be both -- A Hunter and a Farmer.
- Patric Chan
http://www.youchandoit.com
========================================
Latest Update: The first round of the Chan Do Internet
Success System is SOLD OUT!
I only allow 50 students in each class to make sure
everyone gets personal attention.
The 2nd class will be starting and only 50 people
will be allowed to enroll. So, if you want to guarantee
yourself a seat and guarantee your business success you'd
better register for the 2nd round right now. Go to:
http://wwww.YouChanDoIt.com
========================================
Important - You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included.
hoping to make money online. That's a good choice
because I strongly believe it is EASIER to start a
business online than offline. And the opportunity
online is just so huge!
The first thing you need to make up your mind is whether
you're looking for "quick money" or "slow money".
Get this, either of these is bad or good. Both of
them are good. Both of them will put money into your
pocket.
They are just how they are and each of them has a
different method to achieve success. Understanding
what you're going after is more important to get the
results you want.
So, are you looking for quick money ... or slow
money online?
I can understand that most people would want to gain
quick money. I mean, who wants to wait to see an
income from the internet! Duh. The faster it is, the
better it is. But generally, slow money will provide a
more consistent and stabile income for you. If you're
planning to retire or quit your job with your internet
income, then go for the slow money.
Honestly, you can earn quick money online as fast as
within 24 hours. Here's how to do it ...
Pick a product that you want to promote as an
affiliate. If you don't know where to find products to
promote as an affiliate, the easiest place to find them
is at ClickBank.com. Once you got it, go and buy some
pay-per-click advertisement at Google Adwords. You're in
business in less than 24 hours. Will you make money or not?
It really depends on your marketing skill by then.
That's QUICK MONEY. The problem with quick money
is, you're not really building a business for yourself.
You're making money, but not building a business.
Building a business doesn't means that you're
making money.
Another way of making quick money is buying solo ads
in a newsletter to promote an affiliate product that
you know is converting very well.
A slow money strategy is focused on building an
asset for your business.
Some of the strategies include spending months to get
high ranking in search engines, creating your own
brand, building relationships with Joint Venture
Partners, etc.
If you can't decide whether you want quick or slow
money from the internet, just ask yourself ...
"Do you want to build a business or just want to
make money?"
I'll say, do both but focus more on "slow money"
because it'll pay off many times better. The "quick money"
will help you to pay off your current bills while your
"slow money" will give you peace of mind each night
when you sleep. Small sacrifices but huge reward.
Finally, an analogy to this concept is the
Hunter or Farmer position.
A Hunter wakes up to hunt for food to eat everyday.
If he did not get any animal when he’s out hunting,
he'll be hungry.
A Farmer plants vegetables and fruits to be harvested.
During that period of time, a Farmer doesn't get
to eat any food until they’re ripped.
So, be both -- A Hunter and a Farmer.
- Patric Chan
http://www.youchandoit.com
========================================
Latest Update: The first round of the Chan Do Internet
Success System is SOLD OUT!
I only allow 50 students in each class to make sure
everyone gets personal attention.
The 2nd class will be starting and only 50 people
will be allowed to enroll. So, if you want to guarantee
yourself a seat and guarantee your business success you'd
better register for the 2nd round right now. Go to:
http://wwww.YouChanDoIt.com
========================================
Important - You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included.
posted by Patric Chan at 8:28 PM
2 Comments:
Patric, wonderful article but how do you become a Clickbank affiliate since they dont accept Malaysians, or do they? I tried some timeback but it didnt work.
Oh my, just wanted to ask the same too question. It still doesnt work dat way brudder..
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