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The 2 Crippling Fears That Sabotage Your Affiliate Business
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Premium Posts Volume 7: The Empire Strategy
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These 5 Moonlighting Tips Will Rescue Your Sanity

The 2 Crippling Fears That Sabotage Your Affiliate Business

One of the best decisions I ever made was to stop looking for affiliate programs to promote and start thinking about products I could create.

Creating products is the logical progression from affiliate marketing.

Most affiliates arrive at the same conclusion, whether it takes 6 months or 6 years in the trenches, “Why promote somebody else’s million dollar idea when I am quite capable of concocting my own?”

It’s certainly not due to a lack of ability. A better diagnosis would be a lack of faith.

Many affiliates are scared to create.

There are two fears that hold us back. The fear of failure and the fear of success. I’m going to explain both, and what you can do to defeat them.

Why Affiliate Marketing is Easy… and Why Creating is Not

It would be denial to say that playing the lone shark affiliate doesn’t have its advantages.

There’s no such thing as a recession in affiliate marketing. Not when you can change industry in a heartbeat by pausing one campaign and unleashing another.

For much of the last three years, my relationship to affiliate offers could be described as ‘ships passing in the night’.

If product owners are the gigantic ocean cruisers with a fixed path from one coordinate (the land of messy whiteboards) to the next (the land of launched products), affiliates are the pirate ships that loiter in open waters, with no real direction, no real homeland, just a desire to pillage whatever profits come their way.

Affiliate pirates

There are many reasons why we prefer to stay in those open waters.

  • The idea of travelling from A (the whiteboard of ideas) to B (the launched product) requires discipline and planning; a sense of direction.

  • Procrastination feels less criminal when your work requires that you drift aimlessly. We are reactors to opportunity, but rarely the architects.

  • There are no passengers (aka customers or investors) to satisfy when you don’t claim to be going anywhere fast.

Some affiliates are quite happy to operate as Chief Arbitragers of the High Seas.

Most are not.

It’s the nature of any businessman to wish for a sense of direction. We all love the feel-good buzz that a satisfied customer brings, and the idea that someday we might just dock our ships on dry land (sticking our flags in the humble turf of stable profits)

I don’t care what anybody says. Operating on the open seas, as a CPA affiliate marketer does, with virtually no control over the fate of his vessel, is a recipe for severe seasickness. It’s not just the lack of direction that grates us. It’s the uncertainty. Affiliate businesses are prone to go missing in the night, victims of icebergs that were seen too late.

And those of us who have being doing this shit for too long – surviving in limbo, rich but rudderless – know exactly how harmful the resulting sea scurvy can be. Drifting aimlessly affects all parts of our lives: the social isolation, the blood pressure readings, our physical health and mental well-being.

When you have nowhere to be, and nobody to please, you really can drift aimlessly for months, even years.

Some might call that a life of freedom.

When you look beyond the brash talk of being one’s own man, I often find that affiliates are hesitant to create because they lack confidence.

They are paralysed by our two recurring fears:

  • The fear of failure
  • The fear of success

These fears are the twin terrors of procrastination.

The Fear of Failure

What if I fail?

Fear of failure is most likely to arise from low self-confidence, anxiety, and perfectionism.

What stops you from launching that ambitious Facebook campaign? Or that exciting new website?

All too often, perfectionism stops us from creating.

If we accept nothing less than número uno in our industry of choice (and let’s face it, that’s usually the target during initial brainstorming), is it any wonder that we are hesitant to get started? Our expectations are so high.

Time and time again, I see affiliates drowning in information paralysis. How many blogs, ebooks and forums have you read in search of the ‘perfect’ formula?

Why do you do this?

It is usually because we believe that reading enough opinion pieces, and uncovering enough anecdotal evidence, will lower our chances of failure.

Often, the reason we don’t just get shit done and launch that ambitious Facebook campaign is because we are scared of failing; scared of making a wrong decision that could have been avoided with X hours of research.

Those fears are compounded by the fact that so much of online marketing requires investment of both time and money.

The same applies to creating products and launching new websites.

We would rather dither and procrastinate, killing the idea through a lack of action, than throw all our resources in to a project that stands a chance of failing. At least that way we are in control of how and why it fails.

We somehow feel smarter by not confronting our potential. “Well, I know I could have crushed that weight loss campaign for $1000/day, but I certainly didn’t lose any money by not trying!”

This fear has certainly haunted me in the past.

I have found myself stalling on projects for weeks in search of the perfect WordPress theme, or the perfect logo. What looks like procrastination is actually a superficial sign that you have underlying concerns about the project, and/or your ability to deal with its success or failure.

But is it a logical fear?

Most of us know that creating products and services of genuine value is the way forward in 2012. Where I believe we shoot ourselves in the balls is our interpretation of ‘genuine value’.

Genuine value does not have to mean perfection.

I get a lot of people contacting me with fears of creating products and services on the basis that they can’t do a good enough job. Perhaps they aren’t great writers, or great speakers, or they don’t have enough time, or they don’t know what to create.

In nearly all cases, it comes down to:

a) A lack of confidence
b) An obsession with perfectionism that paralyses us from just getting started

My Experience Creating Products

Before I launched Volume 1 in my Premium Post series, I was more than a little apprehensive about the reception it would get.

A number of thoughts crossed my mind:

  • What if readers reject the idea of paying money for my work?
  • What if the material doesn’t live up to their expectations?
  • What if customers slag off my products over Twitter and Facebook?
  • What if I disappoint?

There is no doubt about it. Launching a product with your name on the cover is a personal experience, whether it gets credited to the company account or not.

My biggest fear was that the product wouldn’t be good enough. This manifested itself in to all parts of my work day. Instead of steaming ahead, I found a myriad of ways to keep my feet in the sand.

I didn’t want to make any wrong decisions, so I made none.

How to Overcome the Fear of Failure

Let’s say you want to get over that fear of failure. You want to stop procrastinating and start making some empowering decisions (like “I’m going to create my own product!“), and then actually following them through.

Where do you start?

Given that perfectionism is so closely tied to our procrastination, the first step is to accept that our self worth is not dependent on a single task, project or affiliate campaign.

If your identity is built around the idea that nothing less than perfection will do, there’s only one way you can hold yourself to such high standards: by giving the world no output to judge you by. By doing nothing.

Similarly, if like many affiliate marketers you view yourself as a “self-made entrepreneur, aka the boss“, it’s likely that you will feel great anxiety over the success of a project. It is what defines you as a person.

When Dedication Harms Your Work…

Imagine the unkempt hermit who lives, works and sleeps in his mother’s basement.

His identity is built around succeeding as an online marketer, and he spends every moment projecting that image to the world – on forums, on Facebook, to friends and family.

These individuals, ironically, are some of the most likely to procrastinate – to delay putting their stamp on the world. It is their stamp that defines their sense of value as a person.

The hermit’s self-esteem has become so dependent on his online success that every project is critical. If it fails, then it means he has failed as a person.

When entrepreneurism becomes such an integral part of your self-image, the pressure to do it well increases to an intolerable level. Sooner or later, you find yourself wasting time. You would rather shy away from the creation process than give the world something less than perfect to judge you by.

Procrastination hides your stamp from the world.

Many affiliates are deeply proud of their self-made roots, and with that pride comes a self-assessment that is typically counter productive: “My work reflects my worth

How do you avoid the plague of perfectionism?

The most famous method is to ‘diversify your self-worth’.

If your self-esteem is driven by more than just business success, you will have better supports when it comes to taking risks and handling stress. You can deal with a failed venture because it is not the assassination of your value to the world.

Diversifying your self-worth could mean many things:

  • Leading a rich social life and enjoying the company of your friends
  • Being a good father or mother
  • Being a good daughter or son
  • Learning a new skill and putting it to good use
  • Volunteering and helping the less able
  • Doing a good deed every day
  • Making an effort with strangers

When you establish a self-image that is balanced – one that does not depend on the success of your online business – you will reduce your fear of failure. You will spend less time procrastinating, and less time ‘grinding’ against your will.

Ironically, the best way to gain the confidence for new and challenging projects is to disconnect completely. Build your self-esteem and focus less on work. You will soon notice that work makes you less anxious, and therefore more productive.

The Fear of Success

What if I succeed?

Perhaps an even greater burden to productivity is the omnipresent fear of success.

Many entrepreneurs refuse to accept that their professional stagnation could have anything to do with the fear of success. I think it often has everything to do with it.

Consider these scenarios:

Scenario 1:

John Doe wants to launch a new male fitness website promoting a supplement product. He writes a few useful articles and gets a slow trickle of traffic. As much as he enjoys the initial response and the buzz of his first sale, he soon realises that success is going to take a large commitment of time. John’s friends are already badgering him about his refusal to come out on Friday night – he wonders where he would find such time. John browses his rival’s site and is deflated by the amount of content they produce. He can’t imagine that he would ever manage to replicate the effort, and he worries what effect trying might have on his relationships with family and friends. Instead of producing more content, John slowly disengages from the project feeling. He feels inferior to his rivals (who all have larger budgets and better writers). An advertiser emails John offering to buy banner space for a nice monthly sum but John is now so paralysed at the gulf between his current site and the imaginary site in his head that it feels like enslavement. The prospect of committing to the project is seen as a threat to his lackadaisical lifestyle. He ignores the email, distances himself from the site, and meets his friends on the next Friday night.

Scenario 2:

Jane Doe runs a successful forum for Work at Home Moms and has attracted a large number of dedicated followers. As her fame has grown, the demand for her brand has grown too. She has companies offering to pay her generously for speaking appearances, and one large firm is even willing to double her monthly income by hiring her on a part-time consulting basis. Jane loves her forum, appreciates her members, but fears she couldn’t possibly balance the forum with the new better-paying work. She relies on those friends to help her through motherhood. Instead of seizing the opportunity to advance her career, she rejects the speaking proposals, ignores the consultancy offers, and sticks to what she knows best.

It’s not just failing that scares us.

There’s the thought of what might happen if we actually succeed.

The fear of success is most likely to materialise in those who lack the confidence to test themselves outside their comfort zone. It is also apparent in online marketers who have grown too accustomed to the life of home comforts.

Many of us are guilty of dithering on projects where success has the potential to coax us out of our rabbit holes, and god forbid, in to the real world of meeting rooms and ‘deliverables‘.

Affiliates are terrified to create products because:

a) Succeeding could represent a leap away from anonymously fingering their balls in the basement while reporting to nobody.
b) Failing would be… failing. And many affiliates take that as a damning verdict on their self-worth.

Success is a threat to the easy-going affiliate lifestyle, which creates a subconscious anxiety projected to the world by our endless procrastination.

One of my favourite analogies sums up the resistance perfectly; “Success is like an escalator. Once you get on, there’s no place to get off except at the top.

When you jump on the first step, when you take that leap of faith, you worry that you might not be the same person if you succeed. The ‘successful you‘ comes attached to higher expectations, busier days, and eroded relationships with your family and friends.

It’s irrational – but maybe we are not as keen for success as we like to think?

Drifting aimlessly as an affiliate does, happily pillaging profits, ensures that we never have to jump on the escalator. We maintain full control over our lives, free from outside influence, our resistance ensured and typically masked as “freedom to do what we like!“.

What we sometimes neglect is that the freedom to work from home is no longer a freedom when you are too scared to leave the front door for fear that you might lose what is so comfortable. And predictable.

How to Overcome the Fear of Success

Behind the fear of success you will typically find a simple (and very damaging) learned belief; “I am not good enough.

The source of this false belief varies from individual to individual. It could be the relic of an unstable childhood, a vicious relationship break-up, or a class that you flunked many years ago.

The bottom line is that without pinpointing what exactly you are afraid of, you will continue to procrastinate while digging your heels in the dirt.

LiveStrong has a good ‘troubleshooting’ technique that uses a lifestyle analysis to create self-affirming statements while pinpointing the source of your fears.

Self-affirming statements are used to encourage a growth mindset rather than a fixed mindset.

Fixed mindset:I wish I could be a successful online marketer, but I’m useless with technology. I can’t code for shit.

Growth Mindset:To be a successful online marketer, I need to improve my understanding of technology. I’ll start by learning how to code.

The Self-Affirming Statement:I am a fast learner. I achieve whatever I put my mind to

Fixed mindset individuals are terrified of the unknown, which is like being allergic to success.

Do you identify your skill-set as being a ‘part of you’? Or do you view it as ever-changing, ever-improving?

A fear of success – the apprehension about ‘leaving the nest’ – is nearly always traced back to self-affirming statements of negative origin, and a fixed mindset.

For the affiliate marketer, this might be a stubborn resistance to authority (“Working as a consultant goes against my principle of reporting to nobody!”), or it might be the deep-rooted discomfort that creating something means jumping on the success escalator. Once you’re on, you can’t get off.

Either way, you need to isolate the source of your anxiety and resistance. Once you have found it, use self-affirming statements and small achievable goals.

You might not see a change straight away, but with a learned belief that says, “I am getting better“, the fear of success will slowly diminish.

The Action Plan

Can you relate to the twin terrors of failure and success? Have they affected your career decisions, or another part of your life?

If they have, here’s what to do next.

Diversify your Self-Worth – How do you want to be judged as a person? Many online marketers jump straight to the narrative that says “as a fine entrepreneur“. That’s great, but it makes for a pretty uninspiring tombstone. Choose at least two additional roles: be it as a good father, a good friend, a charitable leader, a skilled musician, a talented sportsman, and so on. Pay attention to these roles. Allow them to flourish by setting time aside that is of equal priority to work. Define your success as more than just a talented Internet swindler.

Identify Your Source of Anxiety – Are you scared of the effect success would have on your relationships? Do you resent the idea of losing your playboy affiliate lifestyle? Are you worried that people will judge you to a greater standard, one that makes life so much harder, if you dare to succeed? Identify where your anxiety stems from.

Adopt the Growth Mindset – Entrepreneurs in possession of the magic Growth Mindset are more successful than those with a Fixed Mindset. It’s important we learn to disassociate failure with an attack on our self-worth. Accept failure as a lesson learnt, and a chance to better yourself. Take on new challenges with the perspective of one step closer to success, not one more pie in the face.

Use Self-Affirming Statements – Once you have pinpointed your anxieties, use self-affirming statements to slowly mould your self-esteem by focusing on the positives. Make it a daily ritual until you actually believe them.

Recommended This Week:

  • The Empire Strategy has become the bestselling volume in the Premium Posts series. I owe a major thank you to all of you who’ve snapped it up so far. If you haven’t read it yet, you can grab your copy here. Enjoy!

Premium Posts Volume 7: The Empire Strategy

After much scribbling away in the darkness, I’m happy to announce that Premium Posts Volume 7 is now available to download.

It is called ‘The Empire Strategy‘, and it is the culmination of all I have learnt from living, breathing and sleeping the affiliate industry over the last 5 years.

More than that, it is my blueprint for success in the next 5 years.

The Empire Strategy: Volume 7

Note: Yes, I care about this volume so much, I even got somebody else to design the cover art. No more of Finch’s homebaked Photoshop butchery.

The Empire Strategy is a sweeping mindset/philosophy that will give you the tools and knowledge to run a successful online business now, and in the future.

You will see how the industry has changed, why it has changed, and what we can do to thrive rather than survive in a fiercely competitive space.

The affiliate ‘boom’ of 2009 has come and gone. Many view this industry in a state of irreparable decline. They are wrong. The game has simply changed. And if you want to succeed as an affiliate, you must too.

Included in this volume:

  • How to setup your business plan, and why it’s essential to affiliate marketing
  • How to develop lucrative assets that stand the test of time
  • How to build an unstoppable affiliate brand (many times over)
  • How to acquire a portfolio of high-profit websites
  • How to gain a reputation that has opportunity knocking on your door
  • An overview of every major traffic source I work with, with notes on getting started
  • How to hold yourself accountable for success
  • How to nail the endless cycles of harmful procrastination
  • How to dominate international markets using the local lingo
  • How to build a landing page worth $467 Million, with a little help from Jesse Willms
  • How to find happiness in this madness we call a day job
  • Plus all the latest developments from the affiliasphere as we head in to 2013

The Empire Strategy condenses my business plan for the future in to 150 pages of relentless insights, work-lifestyle tips and marketing nuggets.

If Volumes 1-6 of Premium Posts dissected the many ways to make money online, this final volume is the glue that holds it all together.

At over 30,000 words, spread across 7 ‘posts’, The Empire Strategy is the most comprehensive addition to the series yet. It is also by far the most important.

The posts inside are designed to slap you to your senses. They are everything I am basing my business on now and in the future.

Complete contents:

  • Introduction: The Empire Strategy
  • How to Grow Your Affiliate Marketing Empire, Step by Step
    • Online Empire Pillar 1: Promoting products
    • Online Empire Pillar 2: Owning Products
    • Online Empire Pillar 3: Buying Assets
    • Online Empire Pillar 4: Building Assets
    • Online Empire Pillar 5: Establishing Reputation
  • Pulling The Empire Strategy Together: The Vital Ingredients
  • December 2012 in the Affiliasphere
  • How ‘Dual-Selling’ Can Supercharge Your ROI
  • A Guide to Local Slang (and Super High CTRs)
  • Jesse Willms and the $467 Million Dollar Landing Page
  • Happiness for Affiliates: Doing it Right vs. Doing it Wrong
  • In Closing: Thanks for Reading

That’s 155 pages, 31,940 words in PDF format, available to download now for $34.95

Click here for ordering information!

These 5 Moonlighting Tips Will Rescue Your Sanity

The fastest way to change career is to quit one job and start another. If you intend to work for yourself – and have no prior experience – this path is also stupendously reckless.

The smartest way is to moonlight.

Moonlighting — v. The act of balancing one job on top of another, often in the dirtiest recess of the night while mere mortals are sleeping.

Many Internet Marketers grow in to their jobs by slowly increasing their online earnings until they can afford to work without a secured pay cheque. Another great number of Internet Marketers are looking for jobs having misjudged when that should be.

For most of us who have been lucky enough to make it online, the ‘dream job’ is preceded by at least 6 months of the purest Hell balancing full-time employment.

Are you moonlighting to change career? Are you juggling multiple jobs in the hope that you’ll one day have none? Maybe you’re hunting for that enigma… the ‘residual passive income’?

Let me give you a hint: The typical search for ‘residual passive income’ ends in a realisation that ‘passive’ is code name for the Internet Marketer that managed to get to sleep. Most of us work hard, even when we’re ahead.

Here are some tips for moonlighting and staying sane. Each is easier said than done.

Learn to counter ‘ego depletion’

Did you know that your self-control and willpower are exhaustible commodities?

When you are forced to perform a task that requires effort – cognitive or emotional – you are far less likely to be able to maintain the same level of self-control when the next challenge arrives.

The psychologist Roy Baumeister is well known for his experiments in this field.

Roy Bauermeister: One of the leading authorities on willpower.

In one of his studies, test subjects were asked to watch an emotionally charged film while making a conscious effort not to react to the footage. They were then asked to take part in a test of physical endurance – grasping a dynamometer for as long as they could manage.

The people who had watched the film and exerted self-control in managing their reactions gave in long before the people who had not seen the film.

They were ‘ego depleted’. Their reserves of willpower had been reduced.

Now imagine the willpower you are forced to exert on a daily basis by going to work.

There’s the morning commute, the meetings that drag, the water cooler bitching, and – of course – that need to bite your tongue and avoid slapping a boss on the way out.

Every day, you go to work and exhaust your willpower to the point where you get home and find your ability to resist temptation severely diminished.

The more unhappy you are at work, the greater the demands on your self-control throughout the day. It’s a cruel cycle. Those who detest their day jobs with a burning passion are more likely to find themselves instinctively surfing to Facebook or switching on the television when they complete Task A (the 9-5). They just don’t have enough self-control in the tank to manage Task B.

So how can a moonlighter conquer ego depletion?

A new study by Baumeister shows that people can replenish their levels of self-control with a positive mood stimulus. Test subjects who were shown short bursts of stand-up comedy from Robin Williams and Eddie Murphy were able to restore their ability to self-control and perform better in subsequent tasks.

We have a long way to go before we truly understand how to reverse ego depletion, and especially how Robin Williams qualifies as a stand-up comedian. But it would seem that distraction in the form of laughter – and the endorphins it releases – is as good a start as any.

Baumeister best describes willpower as a mental muscle, one that must be trained if you wish to get the best out of yourself. He suggests carefully planned routines, a good night’s sleep and a slow-burning diet as important exercises for our willpower.

Failing that, recent tests have shown that a shot of glucose is the closest thing to an instant willpower pick-me-up.

My suggestion?

When you get home from a hard day at the office, don’t even think about moonlighting. Take an hour’s break. Enjoy dinner with your family.

Eat slowly away from the computer. Watch whatever makes your guts burst with laughter. In my case, I’ll take some Karl Pilkington.

Karl Pilkington's endless reel of quotes

Most of us know how it feels to reach the end of the night with tasks still to finish and a rapidly deteriorating focus. It’s easy to beat yourself up. What you must realise is that in all likelihood, you already have.

Find ways to alleviate the levels of stress earlier in the day

This ties in quite appropriately with ego depletion.

Very few people realise that to moonlight successfully, you will need to work twice as hard in your day job.

When I was juggling two jobs, I would pose a challenge, “How can I detach myself emotionally from this office? How can I work more efficiently? How can I keep more in the tank for later?

The answer was simply to let it go. Accept your job and the many arseholes that come with it (I was lucky, I only had the one)

It pays not to rise to the trivial complaints that infest lunch time. People bitch about their jobs because they are addicts to misery and the satisfaction that it brings. Your best ally is the ability to disconnect and simply not give a flying turd.

The sooner you realise that there is always going to be something to complain about, the faster you can unravel emotionally from the negativity that is out of your control.

Remember: By getting stressed, you are eating in to your own capacity to perform two jobs. Enjoy the day job as best you can. It’s your safety net. Not your future.

Work to a schedule but remember to schedule rest.

I can’t think of a faster ticket to the loonie bin than strict adherence to a schedule that neglects your need for sleep, or family, or friends.

Most moonlighters relish in repeating this old chestnut…

Entrepreneurship is living a few years of your life how most people won’t, to spend the rest of your life how most people can’t.

It’s touching, isn’t it?

Until you bump in to the average moonlighter at eight o’clock in the morning. Eyes bulging, neck ticking, a mouthful of venom for any bastard that suggests it’s not a good look.

This guy moonlights:

Moonlighting King

Moonlighting King

This savage hasn’t stopped since 1986:

Moonlighting Veteran

Moonlighting Veteran

I’ve grown a little wiser and learnt to appreciate that working balls to the walls is a poisonous trait of our industry. The ‘grind’ has become quasi-slang for “One day they’ll be grinding my carcass off this desk.

Dedication to work is admirable. A heart attack before 50 is just sad.

You should have at least one full day where work is forgotten. And I’m sure your wife would enjoy one full night, too.

For every notepad I’ve wasted projecting financial figures in to the future, I’ve yet to see the day where realising any of them felt like I’d arrived somewhere.

To steal a quote from my favourite TV show…

“A life, Jimmy… you know what that is? It’s the shit that happens while you’re waiting for moments that never come.”

A life, Jimmy... you know what that is?

Lester Freamon and Jimmy McNulty in The Wire. Watch it.

Track your progress in quarters

Some people prefer to setup a yearly review of their progress. I find the idea self-defeating. It gives the average healthy British male only 81 opportunities to pat himself on the back, of which the seminal years he’s likely to be found laying drunkenly in a gutter.

Some people prefer to use monthly reviews. As an affiliate marketer, I find comparing 30 day profits to be anything but an accurate depiction of how hard I’ve worked.

And some maniacs prefer to review daily. They grow old fast.

I, personally, like to review my progress in quarters. You can achieve a lot in 3 months, and can also confirm in good faith when you’ve achieved nothing. Better yet, you can tell your lavish spending missus that you’re ‘in recession’ before it’s too late.

Either way, a year juggling two jobs for zero progress is a poor transaction by anybody’s standards. And yet there’s always the royal optimist shouting from tree tops, “2013 is definitely gonna be my year!

Bullshit. So was 2012 until she left you in the dust.

Subject your moonlit earnings to the same scrutiny as a public company is bound to by law. Imagine you are explaining your progress to an invisible investor, the bathroom mirror.

Write a report and track what has gone right versus what has gone wrong.

What are the risks for the next quarter? What are the opportunities?

While I’m a realist who sees the pitfalls in everlasting growth, your quarterly profits should be heading in an upward direction for most of the first couple of years.

If you started with nothing and you still have nothing, the omens are not good. Perhaps delivering papers is more your realm.

Understand short term cash vs. long term assets

I started this post by bashing the popular interpretation of ‘residual passive income’, I’m going to end it by offering some hope.

While the dream of working hard for period X to do nothing for period Y is most certainly flawed, the idea of thinking long term rather than ‘servicing hours’ is a good one.

Internet Marketers tend to veer in one of two directions.

  1. Build websites, applications and products in the hope that they’ll one day be worth money.

  2. Use sites like Elance, Guru and oDesk to service clients and make money by the hour – or by the project.

It shouldn’t take a genius to look at those trajectories and see:

  • Which strategy could result in a higher income in the future, with a greater sense of fulfillment.

  • Which strategy is likely to solve short-term cash flow issues, i.e paying the water bill.

If you are moonlighting to raise extra cash for short-term monetary needs, throw your skills at servicing clients. It’s the easiest way to raise emergency funds. You don’t need to think big.

If you are moonlighting because an entrepreneurial flame burns inside you, the fastest way to screw yourself over is to forget about value creation and steer towards money creation. Trust me. It works nearly every time.

Note: Affiliate marketers, this applies to us now more than ever.

If you’ve decided to spend the deathly hours working on projects that have no short-term monetary gain, you should never be thinking small in scale.

To quote yet another great ‘Mad Man’:

“When you reach for the stars, you may not quite get one, but you won’t come up with a handful of mud either.”
Leo Burnett

I wish I could come up with a suggestion more apt for Internet Marketers, but there isn’t one.

Recommended This Week

  • I’ve just recovered from an awesome weekend in Amsterdam at the Adsimilis Meetup. If you didn’t go, you missed out. It was great to meet everybody. Make sure you join Adsimilis and sign up for the next one. I’ll be cruising for a corporate bruising at London Adtech this week. Hope to see some of you there.

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