We live in an instant gratification society.
Fast food, prepackaged foods, wash-n-wear clothes, movies on demand, 24/7 news, instant access to information and instant product downloads.
Every where you turn there seems to be yet another EASY BUTTON.
But when it comes to building a business – both online and offline – just looking for the EASY BUTTON is enough to derail most (if not all) of your efforts.
The question:
How to get rich quick? is not based in reality.
Because there are no shortcuts. Not really.
- Making a cut-n-stone decision to “get in, get busy and get it done” is the shortcut
- Your current business model (if others are making money) is the shortcut
- Copying a proven model for success is the shortcut
Of course you might get LUCKY…
- and win the lottery,
- or cash in on a once-in-a-lifetime class action lawsuit
- or marry into money
…and have a rich relative leave you a pile of dough when they die.
But for most of us, the idea of “getting rich quick” is no more real than a pot of gold at the end of a rainbow.
Bottom line?
Perhaps Gina Rinehart said it best (Gina is worth about $19 billion!):
“You can’t get rich without working hard, taking risks,
investing and reinvesting your profits.”
Get Rich Quick Schemes that Work
Seriously? We are NOT still having this conversation, are we?!
Let’s take a quick look at some of the more popular “how to make money fast” models out there, dig a bit deeper and expose them for what they really are.
John Beck’s Free & Clear Real Estate System – classic get rich in real estate system. Every few years these pop up and promise to help millions make millions without credit, money or experience. Buy real estate for pennies on the dollar and make a fortune overnight – GUARANTEED!
Aug 23 (Reuters) – A U.S. judge has issued a $478 million judgment against the marketers of a series of get-rich-quick real estate infomercials [John Beck's System] that the FTC said duped almost a million consumers with their claims.
ZeekRewards.com – money for nothing and your chips for free! This program promised to pay an outrageous return on investment for selling bid token back to the company (who then supposedly sold them to consumers on your behalf). It lasted a little over a year and half and many people did make a lot of money fast. But what goes around comes around…
The Securities and Exchange Commission said it has shut down ZeekRewards.com, a $600 million online Ponzi and pyramid scheme that was on the verge of collapse and had raised money from more than one million customers.
Don Lapre: The Greatest Vitamin in the World – classic affiliate marketing program that promised much more than it delivered.
In June, Lapre was indicted for 41 counts of conspiracy and fraud. The case involved the claims of about 222,000 people and approximately $52 million.
There have been literally hundreds, even thousands of other programs, companies and individuals shut down over the years. In June 2011, for example, just one FTC lawsuit named 10 internet marketers, 10 corporate defendants and 51 shell corporations for promoting “how to get rich quick” products and services. The websites tended to focus on getting government grants, health claims and various “make money” products.
How to Get Rich Slow
If you are serious about finding a way to take your income to the next level, stop looking for shortcuts. Because there aren’t any.
Instead, spend your time researching various types of business models from a business and marketing perspective.
Forget they hype and look for the substance, the WHY the business will work if you work it.
This is especially true when it comes to building an internet business. Because, just like any real-world brick-n-mortar business, getting rich online requires a solid business plan. A plan that is very specific about how you intend to MARKET and PROMOTE the business, the costs involved, fulfillment issues and more.
Anyone who offers to sell you a legitimate business opportunities should give you detailed information. So be very skeptical of any promoter who offers vague descriptions of what the business is and how it will work. Get real. Sit down, put on your thinking cap and ask yourself some critical business-oriented questions, like:
- What product, service or business opportunity will you be selling?
- Is there a market for what you intend to be selling?
- Would the average person on the street pay those prices, for that product, in today’s market?
- HOW do you intend to sell, marketing and promote the product?
- How and why will prospective prospects, shoppers and clients would find and use your website?
- How will the business generate a profit and what, specifically are your expenses?
Answering these questions BEFORE you fork over your hard-earned money is critical because you absolutely MUST “begin with the end in mind” or you risk buying into a yet another deal… without any clue how to turn that deal into a profitable business.
Just because something is on the internet does not mean it comes with an EASY BUTTON.
Just because something comes with a fancy website does not mean it is a legitimate answer to the how to get quick question.
A better question might be:
- How will YOU get people to visit the web site?
- How much will it cost to drive targeted traffic your store?
- How many visits will it take to generate one lead and how many leads will it take to make one sale?
- What will be your average cost of sale?
Ways to Get Rich Quick – Sorta
Back in 2004, my wife and I joined a network marketing program. It cost $500 to join and approximately $100 per month to “stay active.”
We spent THOUSANDS on books, tapes, CDs, DVDs, training, seminars and conventions to learn the art and science of building a profitable network marketing business and we APPLIED most of what we were learning.
The first year we brought in about $12,000. Then doubled that to $24,000 the next year, and doubled it again… and again.
It took over SIX YEARS to build a team of over 10,000 active distributors worldwide.
In 2010 we decided we were tired of promoting our business the “old-fashioned” way so we decided to try out internet marketing and we joined a program called MLSP.
Here we are some 26 months later and we are now pulling in well over $10,000 PER MONTH from that one program!
In 2011 we join yet another affiliate program that promised to teach us how to make money blogging and, just 12 short months later, we are doing over $30,000 PER MONTH with that program.
In the past 90 days we have built a team of 6,258 from scratch!
So while the road to success seems shorter each and every time we decide to move forward and promote something – NONE of these later results could or would have happened with us paying the price upfront with a lot of hard work, dedication and a huge investment in time, energy and dollars.
Make sense?
You can get rich. It’s proven. And you can get rich online. It’s proven.
But how can you get rich quickly? You can’t. Stop trying.
Pick a deal. Any deal. Then roll up your sleeves and be willing to put the “work” back into the work from home equation.
Bless and be blessed,
PS – Make sure to LIKE, COMMENT and SHARE this post. What challenges are you struggling with? What have you learned here today? How can I best help you produce the results you are looking for?
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{ 19 comments… read them below or add one }
Great post Rob, I’d rather build a business the slow and painful way like you suggest. It’s possible to get rich quick, but most of the time it’s at the expense of other people, money can leave your hands just as fast. You hear all the time about people who win the lottery and wind up being broke and in debt a year later.
Very nice Post Rob, the real thing indeed. I consider you a credible person to follow.
I am starting out new at this whole online business. I am reading as much as I can about it, but getting my foot in the door is the problem. Networks want publishers with experience, so finding that affiliate experience is the hard part. Just started a new site about a passion of mine. Hoping this blog/content site will eventually take off (I know it takes time and I am willing to work at it). Any advice on where to start getting experience, I am excited about getting it up and running but I just need to know a good place to put my focus on first.
Thanks, and great information. It will come in handy.
Lucas – good for you for making a decision to move forward. Like any business, learning how to market is the key. So now that you have a web site you need to learn how to drive traffic to that web site. We use organic SEO or “attraction marketing” to make that happen. You can also use paid marketing models but that’s a story of another day.
As always Rob, You have spot on and fantastic info. Always love getting information from you as there is always value in it.
Thanks
Thanks, Neale – appreciate the feedback. I only WISH there was a real get rich quick plan… LOL
Great Post Rob. I love the part about put the “work” back in work from home. I think with all these so called “get rich quick” ideas people have heard. They forget about the work part. That you can make a lot of money quickly if you are ready to do the work. Not just sign up and make millions like so and so told them they could with out ever lifting a finger.
Wow I didn’t know Don Lapre was still about I remember his how to get rich in small newspaper ads. I guess the past has a way of catching up with you. As usual another great report and great g ranking.
Don passed away… he was a nice guy. Spent time with him a few years ago at his home in Arizona.
This is an awesome post Rob. It always amazes me when people think they can push the BUY button and they instantly get rich quick, without putting in some sweat, long nights, and some bucks on business education ( marketing etc..). Like one person in a previous comment said “They forget about the work part” and YES you do have to work. So I agree with ya – Roll up your sleeves and dig in and build up your skills and over time you will get rich SLOW. I rather be the turtle than the rabbit and go slow to go fast.
Yep, I’m convinced our world is somehow hardwired to think we can buy solutions for everything. But when it comes to building a business – no so much. You CAN buy traffic and leads, however – which makes things easier.
Hi Rob,
Thanks for the awesome post. I think your right. There is no magical open-sesame recipe for success in business. Hard work is the recipe. I too am new to the world of online marketing. I’ve just completed the MLSP marketing bootcamp and am trying to get started o1n Facebook. Question: You talk in one of your posts about posting backlinks to articles on your blog. I’m wondering if you can suggest a few good places to start posting them. Thanks for all the great info.
Seth
In the backoffice of MLSP – go into the training archives and search for the SEO webinars I’ve done there. That will give you a HUGE clue what to do. See also, http://freedom.predatoryseo.com
Hi Rob,
Thanks for the great info. As a new marketer, I’m reading a lot of blogs and information from a lot of people; but you are one of the leaders in this industry that I really trust. Thanks!
Thanks, Micah – appreciate it.
Hi Rob,
I’m interested in starting in network marketing, but am unsure of the steps I need to take. What if I already have a registered website/domain. Can I use that to attach myself to programs like Cash By Choice and Empower Network? Can I blog about anything? I’m a freelance writer and would therefore like to be able to write about something related to that industry.
Thanks in advance
Absolutely, Nida – you actually DO want to use your own domain, set up a blog and start promoting. Best is to blog about what the people MOST LIKELY to join whatever it is you are promoting are searching for. This puts of the odds of success in your favor. See http://freedom.mlsp.com/intro for a great platform to teach you the HOW and http://blog.robfore.com/empower-network/ for a program with great profit potential.
Thanks for the fast reply. I just have to explore whether the payment method would work for someone in Pakistan, but I’ll definitely start this soon.
It will. We take payments from over 160 countries.
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