In today’s video we’re going to talk about how you can really accelerate your speed to find success as a media buyer.
Now the first thing we need to talk about is…
Are you actually ready to be a media buyer?
What I mean by that is I see a lot of people that are brand new to this.
They come in and expect that somehow they’re gonna spend five dollars a day and then turn around and make a thousand dollars a day.
What’s interesting about affiliate marketing is it teaches you or requires a lot of knowledge about business all wrapped into a very small package.
What I mean by that is is if you don’t understand profit, loss, and revenue.
How to actually use what you know.
Manage cash flow these are all things that a business has to do but more importantly these are all things that you need to be able to do as a media buyer.
So if you’re going into this stuff with only five dollars and you’re having dreams to make a thousand dollars….
You need to realize that even if you’re doing a hundred percent roi that first week, you’re only going to make five more dollars on top of five dollars that you spent your going to wait an entire 30 days to even get paid from the network.
Tou’re not even making to get on weeklies and finally 30 days later you have ten dollars to spend and even if somehow you managed to do a hundred percent ROI on that ten dollars then you gotta wait another 30 days – then get your twenty dollars and see how this becomes a problem.
Now most people in affiliate marketing give up in three to six months on average that I’ve seen.
The first three months they’re kind of working in the forms are kind of reading different blog posts stuff like that you know they may be looking at different tools they might have bought a server they might have actually purchased the tools set up the tools and kind of messed around with stuff and buy a month four and five there now actually in the affiliate network getting links getting hyped up from webinars being
hyped up for newsletters in hyped up from talking about am’s and now they have to actually run the campaign and once again that budget is way too small and so by month six and seven they’ve given up because they know if this doesn’t work out we made a dollar well let’s go to the reverse side of that let’s say you saved up you understand cash flow you understand that
you gotta spend money to make money and you’re not spending money on stupid crap you don’t need you’ve saved up to really invest into this because that’s exactly what it is media buying is an investment of both your time and money and so say you got into this with five or ten thousand dollars now the first month maybe you even you only made fifty percent roi we had a
thousand dollars spent so your revenue is fifteen hundred dollars now you’ve got enough to be on weeklies you’re getting that fifteen hundred dollars in seven days so you made five hundred dollars in a week a lot of jobs at least here in the US that five hundred dollars a week is a pretty decent salary pretty decent amount of income so now you’ve got fifteen hundred dollars to spend the next week
so you basically spend it make another fifty percent roi right now you’re at horrible at math at the moment will say things two thousand two hundred fifty dollars so now you got to her and two thousand two hundred fifty dollars and you just compete that cycle so as you can see that baseline of money is very very important to your success now
newbies that come into this and they say oh well how did that guy go from zero to sixty thousand dollars a month and I’m sittin here still you know messed around with ten dollars it’s all about initial cash flow so just like stock trading just like a lot of investment if you don’t even have enough money to invest then you’re going to fail ultimately there’s a few people that actually will
sit there and grind it out and you know turn that ten dollars into a thousand dollars and then really start to get going however a lot of people get burned out like i said in the second and third month of trying this because they in their mind their job down the street working at Target or something they’re making ten twelve dollars an hour and now they come home they’re
burning up another 20 hours a week and they’ve only made a few dollars so i understand that the only difference between you finding success and someone else finding success is it ultimately comes down to the initial cash flow because if you’re going to wait if you’re going to invest ten dollars II that may be a lot of money – yes however if you lost that ten dollars
you wouldn’t be too worried about it you wouldn’t be really grinding it out in saying man I need to get this to work however if you’re the guy that basically has sixty thousand dollars and that’s every dime he has and he’s starting to lose it if a campaign working you best believe he’s going to figure out how to get it to work and so it’s it not only is needed to have success higher cash flow
it’s also a great motivator to not lose your own ass and to really figure this out so once again that’s really the only difference between the guys that come into this and start out with a couple couple dollars and never make it and guys that come in with a couple thousand and do you make it now as a disclaimer I’m not saying if you go take a loan out from the bank
get your cash flow and then do this you’re going to find success there’s still plenty of people that spent a lot of money on this date they’ve invested a lot of money and time and they still fail so you really have to think about is this worth it do I have enough skills to compete on a global scale because you’re going to be competing against affiliates in the US
no matter where you’re at and be competing its built-in us Singapore China all around the world and if you don’t have the skills necessary and the money and resources you are going to fail