Wednesday, 14 September 2016

IM reality

I know EXACTLY what you mean. I've been dabbling in the IM world for almost a decade now and things haven't changed that much.

It reminds me of John Chow's famous quote "I make money online by telling other people how I make money online". A bit of the snake eating its own tail.

I think the reason that everyone wants to push the get rich quick schemes is the fact that it's exactly what people want. They just want a push button solution to make money online.

Over the years I've discovered that opportunities to make a lot of money quickly are often short term. On the other hand, building out a massive website takes a long time, yet provides the most longevity overall.

If a method is quick and easy, everyone will do it, competition rises, checks and balances arise. These methods, usually Blackhat in nature, tend to burn out quickly.

I highly doubt this will ever change. It's just part of the dynamic. 

The best advice I could give any newcomer is to think long term and invest heavily in long term projects. You won't see money as fast but you'll definitely learn a lot more and have the opportunity to build real assets.

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