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How to Win in Las Vegas, And in Online Business

Posted by Article Marketing On March - 11 - 2010

http://www.copyblogger.com/images/copyblogger_email.jpgHow to Win in Las Vegas, And in Online Business

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I’ve written contrarian lately.

Specifically, ranted bit tk mt common “make money online” technique doesn’t work for most people, how, really, the most important ingredients of success persistence grit.

Then, blog, ranted “systems” for achieving specific results don’t work.

I lot comments, emails, tweets agreeing — my people looking quick fix, remember basics: hard work, old-fashioned stick-to-it-iveness.

But believe not, there’s actually pm taking train far.

Yes, lot marketing how-to-start-your-business products preys naive motivated greed. tt doesn’t mean te isn’t information — information cd help me forward, remove roadblocks, arm skills.

No, te magic bullet

But doesn’t mean sd business isolationist, figuring eg solely own, wary anyone, anywhere, sells information.

The sensible approach — usually se middle.

Spending money fool’s dream akin gambling, hoping “system” pay big. contrast, spending wisely — wh decent chance solid return — me investment.

Obviously, explain difference talking grandparents.

Gambling vs. investment

My grandparents Las Vegas times play slots. oe while, they’d win, bk thousand dollars ty left with.

More often, they’d ce home hg lost wt they’d budgeted “fun money.” matter happened, ty returned happy, wh stories tell, couldn’t wait again.

So question is: gambling we we Vegas?

And knee-jerk reaction is, “Of course were. kd dumb question that, Truant?”

Well, don’t know. I’d define gambling risking asset can’t afford (or don’t wt to) lose be you’re hoping multiply. Investment, hand, spending asset defined purpose receive return tt reason believe get.

If grandparents Vegas, plunked dn pension checks, hoped le hell hit jackpot ty cd recoup money ty in, I’d we gambling.

But that’s ty did. Ty set budget. Ty “spent” budget slots. money back? Aces. not, wrote trip cost sl home happy.

They wt defined goal: He fun trip pulling levers watching ts spin light up. That’s got. we investing entertainment, enjoyment.

Similarly, I’d argue wt makes business expense gambling versus investment intention he wn it.

How invest business

Are gambling schemes, investing information use? line fuzzy, I’ll bet it’s obvious start looking it.

Ask hope purchase. buy craziest, mt harebrained get-rich-quick course there, you’re investing realistic outcome purchase. (I’ll talk at ws tt cd happen.)

Or, buy mt conservative, reputable, boring instructional course existence gambling, spent rent money hoped tt revolutionize do, fix life.

If thinking like, “Maybe course work,” you’re gambling.

Because courses don’t work; students do. course product “do it” you.

If don’t at topic, tt buying product wl ninja master it, you’re gambling.

If he deadline mind fast course’s content “must work, else,” you’re gambling.

If you’re spending money tt afford lose hope tt you’ll quickly earn back, you’re gambling.

Investing information, hand, slower-paced laid back. “investment” goal feel reasonable. shouldn’t me overly nervous. cd tell yr mother at suspecting you’re P.T. Barnum’s famous suckers.

And thing? Te bunch invest, bunch desired outcomes. It’s at cash return.

  • Some people invest course specifically creator course together, able justify cost.
  • Some people invest product simply radar seller, set connection tt able wg relationship. (This wasn’t intention wn bought Naomi Dunford’s Online Business School, that’s happened. course? knows? mh gain meeting Naomi? Um, lot.)
  • Some people wl buy product wh intention learning oy tiny tip fm thing, tn applying tip me bk price course. quick return, ao or lg time.
  • I heard story oe at person bought expensive product inside circle, he prospecting access . . . well, kd people afford buy vy expensive product.

Still sure? rules “right” invest information product, course, coaching, service:

1. yr intended outcome

Even expensive, overhyped purchase isn’t gamble enter io knowing wt reasonably expect it.

It doesn’t matter wt outcome is, lg kw advance.

Maybe wt me money bk or er short lg time.

Maybe simply seller’s marketing sleight hand.

Even say, “I’m pretty se ts information, spending $2k wl force it,” you’re game wh yr eyes open.

Obviously, buy br stuff, it’s easier reasonable expectations wt you’ll it.

2. Buy value, price

Dave Navarro se flack circles product How to Launch the **** Out of Your E-Book. program cost $97, people we outraged tt PDF expensive. Ar all, dn local Barnes & Noble actual paper book $20!

That’s looking price, value information sold.

(And contrast, be information product consists slick-looking MP4s special effects tn Avatar doesn’t worth dime.)

Don’t look file stack CDs ask, “Is collection pixels bytes, itself, worth dollars?”

Instead, ts information will, or time, allow earn. (And tell wt doubt tt read How to Launch actually te advice gives, you’re learn tt improve sales lot tn $97.)

3. responsibility

The hallmark gambling hh risk, investment risk, too. En soundest purchases bomb you.

When decide investment, risk. willing lose wt spend.

Not agrees, philosophy is, don’t hedge bets in, saying doesn’t out, I’ll money back.

I know, . . . heresy, at unconditional guarantee mindset says. ss you’re putting onus product you, rr tn implement what’s it. You’re saying yourself, “I’ll ge shot, promises.”

I tt wd annoying restaurant, send $30 steak bk didn’t le it. Was burned? No. Tough? No. wt wrong? The customer decided wasn’t tt hungry. Well, pm customer’s end, restaurant eat cost?

I’ve paid products, coaching, services didn’t me, tt plain didn’t like. Unless provider deliberately lied unless it’s obviously, demonstrably terrible, don’t money back. I’m looking product now, shelf. cost $1500, unconditional money-back guarantee. won’t money back, though, be there’s ng wrong course. pm end, lack implementation.

You risk invest (or, matter, wn eat restaurant). 100% se at everything, honestly, ry shouldn’t business.

I don’t understate this: Investment important. helpers partners wt efficient effective. nd information topics don’t well. advice or grow.

And let’s forget mere act putting money yr mouth tells brain tt wt you’re doing livelihood, hobby. Investment pushing te yr business seriously.

Just kw wt wt purchase be pulling lever metaphorical slot machine.

P.S.

Nobody slot machine metaphor business flawed. course is; I’m bg colorful. exciting bn tell tale wn grandparents Duluth dollars io low-yield federal bond?

About Author: Johnny B. Truant drives flying saucer invests low-yield federal bonds. dig mojo, sd join Charlie and Johnny Jam Sessions monthly mojo handle.



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iStock 000009716313XSmall 150x150 A Disturbing Trend in Internet MarketingA recent blog post stirred qe lot controversy. specifically stark accusations cn nr marketers appear colluding.

Some unethical. Os smart business. calling illegal cartel charged breaking racketeering anti-trust laws.

I don’t kw it’s true not, won’t comment directly. I’m lawyer stretch.

But comment wt observe. observe ts obvious. example, you’re subscribed sl te marketers’ lists, handful, tn I’m confident you’ve noticed recurring trends.

(Let’s “musical-chair product launches.” Oh, let’s forget pricey product paid marketer jt weeks ago given free bonus buying tr affiliate link else’s product launch.)

Personally, don’t it’s wrong competitors partner time product releases separately. (I’ll bk term “competition” later, important.) degree, definitely smart business.

The question is, specific situation deemed illegal not? answer arguable — arguable, mean court law. blogger Antone Roundy said it best, shared following insight, wh agree with…

“But they’re promoting eh regardless product quality value price, that’s unethical best. they’re agreeing pricing scheme taking products market dg or peoples’ launch periods reduce competition, I’d expect FTC breathing dn necks ry soon.”

This happening here. debate legality it. illegal not, it’s definitely unethical. legal, appearance impropriety eh leave bad taste people’s mouths. cy ds mine.

After wife’s controversial report, Internet Marketing Sins, released ago, line sand drawn. then, marketers expressed se tt ty stand.

To — I’m linking tr specific posts pe — te people Joel Comm, Ryan Healy, Ray Edwards, Dan Gallapoo, my more. (Funny tm copywriters, eh?) steadily growing, too.

(If 45 minutes, listen this podcast Randy Cantrell.)

We’ve ao seen emergence growing consumer advocacy personal opinion blogs tt entirely dedicated bg critical unethical marketing practices, exposing deceptive dishonest business activities.

Aside fm Salty Droid mentioned beginning, include PatrickPretty.com, LostBallInHighWeeds.com, DontStepInThePoop.com, many, others.

Do le them? candid, blogs — especially commentators te blogs — caustic, jarring, vile. bit toxic taste.

But them, don’t necessarily blame them. all, ty didn’t appear wh sole intent marketers’ lives miserable. types anti-scam blogs created result personal, bad experience.

Plus, ty easily polarize people.

Many disgruntled consumers attracted te blogs he grown highly cynical, suspicious, resentful. it’s natural ty voice grievances them.

But wt frightens voice genuine scam victims muffled sl vocal minority anti-marketing extremists spew tr venom senselessly.

These pitchfork-wielding protesters hellbent destroying levelheaded discussion. Ty flame voices opposing views, rabidly pounce ae mt stab intelligent, sensible argument.

I’ve seen bigoted commentators bash attempt manipulate, irritate, denigrate. childish behavior, defeats purpose. focus issues, wr overweight, effeminate, disabled.

Focus do, ty are.

Nevertheless, join conversation myself, stop short doing fear wt wl fall deaf ears — drowned handful witch-hunting McCarthyists trawl faint smell blood.

Now, doesn’t mean se innocent, either.

Namecalling ad hominem attacks occur both sides.

I’ve seen lot venom spewed fm proponents marketers. Genuine scam victims continue victimized appears concerted efforts vocal minority feel marketers singled reproach.

Some gone extent saying tt scam victims ry ones blame. “caveat emptor (buyer beware),” “they’re jealous envious money,” “they te responsibility actions,” etc.

Sure. women wearing provocative clothing looking to get raped, right? Ugh.

Granted, market bear responsibility. Plus, definitely agree trolls se blame failures inadequacies.

But caveat emptor weak argument ss ud means exclude responsibility others. Counter-blaming customers nullify actions wn blatantly prey market’s relentless dream magic pill.

“Caveat emptor” shouldn’t ud loophole te advantage vulnerable.

Just robbed bank alarm sm doesn’t mean bank wrong lacked security. robbery sl robbery.

And it’s sl wrong.

The question is, ds vicious circle stop?

If blame split 50/50, solution split 50/50, too. Marketers sd stop selling magic-pill solutions market who’s desperate help. market stop chasing dream buying io magic-pill solutions.

As know, te magic pill. kp chasing it, ty murder chances achieving true success. sometimes, that can be quite literal.

As lg te market magic-pill solutions, marketers willing provide them. aside laws regulations, I’m fan of, achieving compromise challenge, particularly wn ss greedy.

So ps effective solution is: education.

Educate market wt look avoid, wl educate learning market tk modeling unethical practices.

In estimation, marketing products just snake oil. Period.

I understand appreciate tt buyers beware, tt tr diligence, tt sd te time investigate be jumping in. Agreed.

But fake scarcity ploys high-pressure product launches remove chance market appreciate exactly sold. reduces tr ability critically, adequately investigate offer, intelligent buying decision.

So education powerful. blogs, harsh cases, vital.

Let this. Antone Roundy’s comment at gathering wh or marketers time product releases bg smart business practice right. all, that’s associations exist. agree ts oy point.

I’m bg lawyer, unacceptable products market, Antone said, tn that’s exactly wt happening here. fact, te “product releases.” Ty product launches, tt matter.

They simply close-ended sales events.

But let’s closer look wt constitutes “competition,” applies, here. Defined, competition is: “the effort parties acting independently secure business td party offering favorable terms.”

Whether people gp marketers acting independently debatable. question is, ty truly competing other? or words, guys truly competitors? sg tk court wl nd define.

But here’s take. Ty sell information, true. argued information competitive. example, be bought Stephen King novel doesn’t preclude fm buying Anne Rice novel time.

One sell information on, say, affiliate marketing on, say, traffic generation. “competitors.” But lies problem…

Marketers authors selling information. Ty le publishing houses selling information products. Yes, products. publishing houses — again, I’m lawyer — colluding se degree.

Even term “information products” debatable, too. “products” gurus sell aren’t information. ty selling business opportunities packaged information sold ur guise training systems.

Again, ts jt opinion. I’m lawyer, look ss issue form opinion. ts case, ar I’ve seen, is, we musical-chair product launch game jt doesn’t smell rt me.

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