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Old 07-12-2009, 03:22 PM
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Default My "investment" plan

Okay so this is my overall plan to gain money online by auto-pilot

Purchase already established eBook sites and market them a bit until they earn at least 2.5k+ monthly

Get around 5-6 well established sites that's around 14k/ month 160k+ year?

Smart idea?

I know it's more work involved than it sounds but I'm willing to do it if the money will follow.
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Old 07-12-2009, 04:04 PM
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Quote:
Originally Posted by Rammuny View Post
Okay so this is my overall plan to gain money online by auto-pilot

Purchase already established eBook sites and market them a bit until they earn at least 2.5k+ monthly

Get around 5-6 well established sites that's around 14k/ month 160k+ year?

Smart idea?

I know it's more work involved than it sounds but I'm willing to do it if the money will follow.
Sure it could work, you make way more $$$ than I do lol but my suggestion would be buy one first and work your magic on it before you buy more than one. That way you can see if your idea is viable.
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Old 07-12-2009, 08:56 PM
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Default real questions

Nothing wrong with dreaming, but dreams and goals are a little different. Whether or not these are good goals depend on whether they are reasonable expectations based on what you know how to do or have reason to believe you can learn to do.

Goals are not really goals until you can write out your action steps including a schedule of dates for achieving them. I am not discouraging you in any way, but real goals grow out of personal knowledge of what you can do.

Do you know how to select ebooks that will sell. Do you know how to sell them? Are you able to manage that many sites effectively?

It is important to ask yourself these things and not head off in a direction that limits your potential for success. It may be that you should not choose a specific plan at this time, but plan instead to try a number of things. Learn all the basic skills you need for web work and wait until you find your personal area of greatest potential for success. If you read Lisa carefully you will see that she had to redirect as she went along. Now that she has some winning formulas she focuses on them.

Not everyone can succeed in the same areas. I listened to some wealthy investors one day and as they discussed wealth building among themselves it became clear that each of them did entirely different things. All were investors but each expressed how they wouldn't even try what any of the others were doing because they didn't know how. They clearly stated that they individually never took a chance. They did what they knew how to do.

These may be appropriate goals for you but none of us can tell you. You need to actually know what you can do. sequencehosting's suggestion is right on the mark. You should always try out any idea you have on a small scale so your investment is small. If it works go for it. If it doesn't either drop it or revise your method and try again. Try a lot of things until you find what works for you.
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Old 07-12-2009, 09:01 PM
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Default

Thanks for the posts..

Yea, I did do research and all the books I'm investing in our books I'm passionate about and know lots of information about.

I'm pretty good at marketing and plan to take this process slow.

Invest in one book if it goes good proceed if it doesn't find where I went wrong and fix my mistakes
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