130k Cash: Should I build 4k MFA's on sand, again?

Should I go ahead and build the MFA's?

  • Yes, don't be a pussy!

    Votes: 85 72.0%

  • No, sling berries and e-book instead.

    Votes: 33 28.0%
  • Total voters
    118
missing ingredient

dsiomtw said:
Can't speak for clyde but in my experience most guys don't have the balls to drop 120k on a site. "What if it doesn't work out", "what if it doesn't make as much as I hope it will", "what if I can't sell it", etc. etc.

Most times it makes more sense to just find a site you like, hell it can be one for sale, and just duplicate it (obviously trying to make it even better). Most ecomm sites usually just aren't worth purchasing for any real money UNLESS they have a large base of REPEAT customers.

Forums and community based sites would be another group worth purchasing, but that's about it. Pretty much everything else can be reverse engineered in a way that's cheaper/safer/less risky than buying.

Easy...

1. Make a list of the top 10 most popular Clickbank products.
2. Pick the one you like the most.
3. Reverse engineer it.
4. Profit.

Don't get me wrong, I'm all for innovating and doing your own thing. I'm not suggesting that just going around copying successful sites verbatim is the best way to go. But it's a great way to get started, and IMO it's 10X better than spending your time and money on MFA sites.

Once you have your team (designer, coder, copywriter, etc.) you can get creative and hopefully come up with your own ideas for products, or at least work on creating better mousetraps...
Click to expand...

Good advise, dsiomtw, but one key ingredient is missing-
You can rip and tweak a killer CB campaign, but promoting it to affiliates
is no easy task....
 


affiliatearmy said:
Good advise, dsiomtw, but one key ingredient is missing-
You can rip and tweak a killer CB campaign, but promoting it to affiliates
is no easy task....
Click to expand...
You've both forgotten the biggest problem with this formula; that you've got to support it forever afterwards. (To affiliates and customers! Yuck!)

Sure you can make money with such a product, and you can make it pretty fast too, say, in 2 months time. -But the overall project ROI, when you add support for the product to customer is almost never ever as good as a simple MFA farm...
 
agree with all the people saying "nigga rich" and depreciating assets like a car is dumb - though I'd take it one step further and not even call a car an asset. A car is a reward, not an asset.
 
clyde said:
Yeah you're right but having them under one CMS would make it harder to flip since they will all be interconnected. Right now I'm just using uBot to create separate WP installs for each domains. and yes, my dream is to buy a Matte Purple Lambo. :p



I'm still figuring out best ways to put everything up as fast as I can. I reckon I might need to hire a few more VA's.
Click to expand...
this might help make the process faster and less taxing on your server.
Blue Hat SEO-Advanced SEO Tactics » Addon Domain Spamming With Wordpress and Any Other CMS
 
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1 word, Diversification.

Put some in "savings".

Invest some money and little time in more of the same. Sounds like you have this on lock and won't take much of your time, just money.

Invest most of your time and some money in learning PPC/PPV/Media buys. Because the other doesn't take you much time spend most of your time focusing on this.

Learning and diversifying will even out big wins and losses.
 
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affiliatearmy said:
Good advise, dsiomtw, but one key ingredient is missing-
You can rip and tweak a killer CB campaign, but promoting it to affiliates
is no easy task....
Click to expand...

Sure it is. If your offer converts well you'll have no problem getting affiliates to promote it. Your #1 goal should be to build an offer that results in an EPC that is similar to or higher than your competition. End of story. If your offer generates EPCs higher than your competitors, you can dominate any niche.

You've both forgotten the biggest problem with this formula; that you've got to support it forever afterwards. (To affiliates and customers! Yuck!)

Sure you can make money with such a product, and you can make it pretty fast too, say, in 2 months time. -But the overall project ROI, when you add support for the product to customer is almost never ever as good as a simple MFA farm...
Click to expand...

Disagree 200%. You shouldn't be doing support yourself. One part-time employee that gets paid $10-25/hr can support a site that nets 6-figures a month.

smaxor said:
Invest most of your time and some money in learning PPC/PPV/Media buys.
Click to expand...

Gotta disagree on this one too. Why create yourself a job, even if it's a high paying job, when you could be building a real business/asset?

Being a PPC or media buy pimp is not as great as it sounds. It's nothing more than a potentially high paying J-O-B. As a network owner I can understand your pushing the affiliate thing, but as you know the real money is in creating things - not promoting other people's shit. ;)
 
I agree with dsiomtw....CB campaign seems a little easier. If the product is good enough, and it's something people want, the affiliates will come.
 
dsiomtw said:
Gotta disagree on this one too. Why create yourself a job, even if it's a high paying job, when you could be building a real business/asset?

Being a PPC or media buy pimp is not as great as it sounds. It's nothing more than a potentially high paying J-O-B. As a network owner I can understand your pushing the affiliate thing, but as you know the real money is in creating things - not promoting other people's shit. ;)
Click to expand...

Cash is the #1 asset in a balance sheet so when your getting an ROI its actually one of the best ways to increase your cash and its not a job when your an affiliate because you are investing money to get a better return.
 
If you are actively creating and managing PPC/PPV campaigns it sure as hell IS a job.

Being an "active" affiliate = relatively small amounts of leverage possible = J-O-B = fail
 
dsiomtw said:
Being a PPC or media buy pimp is not as great as it sounds. It's nothing more than a potentially high paying J-O-B. As a network owner I can understand your pushing the affiliate thing, but as you know the real money is in creating things - not promoting other people's shit. ;)
Click to expand...
By that logic, though, wouldn't you say any business is a job? You're always working for someone, whether it's customers, staff, or affiliates.
 
Um no, there is a pretty big difference between being a business owner and having a J-O-B (even a "self-employed" and self-imposed one). You might want to read the E-Myth ... it's a great book.
 
dsiomtw said:
Um no, there is a pretty big difference between being a business owner and having a J-O-B (even a "self-employed" and self-imposed one). You might want to read the E-Myth ... it's a great book.
Click to expand...
Haha, that's a real coincidence, I finished it like 3 days ago. I was gonna get it as a xmas present, but my mum gave it early cause she thought the title would come across as too much of a downer :p

I thought it came across a bit too much like WaFo sales copy, trying to sell you into hiring him for his consulting.

And I'd still say you're still working for someone (in the case referenced in that book, your franchisees)
 
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