An Entrepreneur’s Journey of Transformation

Gem Mining for Internet Marketers

October 15th, 2007 Posted in Internet Marketing

I’m starting to really understand what it means when someone says there is no magic pill for internet marketing. Despite what all those eBooks say, becoming succesful at internet marketing is a process. Once you’ve been in the game long enough, you will discover little gems that will make you profitable. I’m already starting to see this as I’ve found very specific ways of making money. However if I told everyone, the power of my gem mine would disapear.

No one will tell you their little internet marketing gem.

What does this mean? Well it means you should stop looking for a freebie from a guru. The masters know a whole lot that they aren’t willing to share with you. Sure… they’ll tell you some basic theory or previous successes but they’ll never give away their cash cow because they know it will only dilute it’s value.

So what’s my point? This is really geared towards people who are looking to start out in making money online. People get too caught up in buying every ebook to find that freebie that’ll make them rich. Well… it’s not going to happen unless its part of an inheritance from your parents.

Take for example, Shoemoney. He’s been in the game for years. He was fired for building websites during his day job. This means he had been doing it long before he went full time. He’s been in the game so long and tried so many things that he now has plenty of gems that work for him. Yet, he knows that giving them away isn’t the solution. He’ll sometimes throw s out an article about PPC marketing because he knows that it’s not as easy as it looks.

There is no perfect start. Stop looking for one.

I believe the right process is a iterative one that looks kinda like the following.

1. Learn - This means you need to find materials that’ll help you get there. I prefer the free method. Goto the bookstore and just read the book there, read blogs, or participate in forums. Here’s the top internet marketing forums: Digital Point and Warrior Forum.

2. Try - Once you learn about something. Do something with it. There’s two reasons why you should. It helps cement knowledge in your mind so it can use it to be even more creative. The other is that sometimes information is deceiving. You have to realize that people write books for a general audience in their mind. You will never be their perfect audience. No one is average despite every writer aiming for the average writer.

3. Repeat - Do this process over and over again. You’ll eventually hit a gem. Once you find one, seize the opportunity fully. If it makes a profit, exploit it till the mine runs dry. Don’t even dare to share until where the benefit gained from sharing exceeds the benefits of not (aka put it on a blog).

I know all of this is super cliche, but it’s a good thing to ram it in your head once more. Hey… I’m probably just writing this for myself. As an old saying goes (making this up), the man who tells other people to work harder is probably having trouble working hard himself.

Oh yeah… some gem mines are deceiving. You may strike a huge gem, but don’t start fantasizing about your wealthy future. Chances are it’s just a one time deal. I’ve already dealt with this already. One day it looked like I hit the jackpot thinking I’d make $50+ a day, so I ironically wasted time fantacising about it. The next few days, it ended up being not even close to what I’d thought it’d be.

Lesson: Keep working until you see REAL (consistent) results from a method. Once you find it, keep working harder. Anything that is stagnant is dead or going to die.

Anyway, I thought I’d get that off my chest. As you can tell, this is a lesson for myself because I did waste time myself, but I wouldn’t have it any other way.

Carl Zetterlund

  1. 5 Responses to “Gem Mining for Internet Marketers”

  2. By CatherineL on Oct 16, 2007

    Hi Carl - great post. And so true. It is a fact that most of the get rich books are written by folks who never made a dime from anything other than selling their book.

    If have found books written on specific topics to be of more use - eg. Aaron Wall’s SEO book. But books like that one don’t claim that they’re going to make you rich overnight, so they probably don’t sell as well.

    Shoemoney does give away some great tips from time to time. I also probably give far too much info to my competitors on my blog, but I know that anyone wanting to use that info would need to work hard.

    And business would be so boring without decent competitors. They really help you improve your business more than anything.

    How is your new project going - or is it too early to tell? I think you need to give things at least a year before you can see which direction they’re headed in.

  3. By Carl on Oct 16, 2007

    2 of my projects are still in the development stage so nothing to show just yet. One is close to be released.

    The other project is my personal internet marketing one, and since its such a short term approach that its really an up and down rollercoaster so far. I somehow keep getting new ideas when the times get rough though.

    I wish I had more time. I realized that my sleeping experiment won’t work with my parents interrupting my sleep all the time.

    Oh well!

  4. By CatherineL on Oct 18, 2007

    Well I can’t come up with a solution to that problem. Time is something we all wish we had more of.

  5. By Ian on Oct 20, 2007

    It could be that the rules haven’t really been written yet. And most of us are following false rules.

    So I agree - if you’ve found something that works, don’t share it.

    You have found a niche that others will find it you tell them, and try and pinch it.

    So keep going on that road and keep the faith!

  6. By Nabs on Oct 22, 2007

    “the man who tells other people to work harder is probably having trouble working hard himself”

    I don’t know anyone like that…

Post a Comment