7 Crucial Traits of Successful Internet Marketers
Hi guys! The ol’ Deadbeat Super Affiliate here!
So I’ve been studying a lot of successful internet marketers, and I noticed that there are some crucial traits that many of them have. These are what I believe to be the most important qualities to having success online
1) No fear of failure – The difference between a successful marketer and a unsuccessful marketer is not letting fear get in your way. I know this sounds hooky, so let me explain.
From all of the emails I have received from my students, I have noticed that fear stops a lot of people from progressing and putting in full conviction into what they are doing. For example, one email the other day said: ‘I got to the niche selection part of your course, but I was afraid that I would pick the wrong niche so I am stuck now…’
You cannot have this mindset. Who cares if your first site, your first product, or your first promotion doesnt work. Everything you do is a learning experience. If it doesn’t work out the first time, just keep working on it until you do. My first 3 affiliate sites failed miserably… but had I have given up after the first, second, or even third failure, I would not be where I am today.
2) Spending time analyzing the competition
A lot of successful players in IM spend a lot of effort into breaking down why a certain site or product is successful. This information is pure gold. Take a look at successful sites and try and figure out why they are successful. Dig around, figure out where they get their traffic from, what their ads and banners say, how they handle their sales funnels, their mailing list follow up sequences. Everything.
3) Offloading work load
This is crucial. You need to figure out the least profitable aspects of your business and hire someone else to do them for you. If you spend all your time working on the small fish, you never have the opportunity to go after the big ones. An example of this is article writing. A lot of folks get trapped up into writing articles are day. Unless you are getting paid hundreds of dollars per article you write, you will never make a lot of money if you spend all your time on a low profit activity like article writing. Sure, you may eventually be able to reach the $10,000/m mark with it, but that’s it.
4) Speed of implementation
If you have a good idea, get it rolled out immediately. This is another very important trait that successful IMers share. I see a lot of guys spending 6 months, a year, or even 2 years working on a product to perfection. This is a major mistake. Get a light version out there first so you can test whatever you are doing actually works. How bad would it suck if you spent 2 years working on a software only to find out no one even wanted it…
5) Willingness to go out of your comfort zone
This is another important trait. There’s going to be times when you won’t be comfortable doing certain things in your business. One thing that I remember that around this time last year I was petrified to make a screen capture video. I bit the bullet and did it anyway, and had I not, I can guarantee you I wouldn’t be anywhere near as successful. Another example was doing a webinar. Earlier last month, I did a webinar and made over $60,000 in profit. Even though I was nervous, scared, and anxious, I went through with the webinar! It actually turned out to be a lot of fun too!
Anyway, lesson learned is that every time you go out of your comfort zone, you ‘level up’ your skills. Eventually I hope to do some stage speaking, which will of course take my business to the next level.
6) Investing in your business, not your life style.
I see a lot of internet people get trapped into their lifestyles. They make a lot of money, and start spending it on expensive cars, excursions, houses, etc. They become trapped into their things, and end up having to slave at their business. Instead of wasting your money on these meaningless things, it’s best to invest in your business instead. I know this is common sense, but it’s a lot harder to do when you are in that situation. This even happened to me. When I was younger, I had a really sweet web hosting business that made me somewhere around $25,000/m. I bought stupid stuff like a Porsche that only sucked money out of my bank account. Had I invested that into my business instead, I could have easily taken it to the $100,000/m level! Lesson learned.
7) Building relationships
This kind of goes along with the investing into your business. What I’ve discovered so far is that the relationships you build are what makes you money. That goes with customers, partners, providers, everything. The right relationship can change your life. Work on this whenever possible.
So there you have it!
What other traits are crucial to the success of an internet entrepreneur? Comment below, let me know your thoughts!
Thanks!
Dan Brock (the deadbeat super affiliate)
Wise words indeed Dan.
Personally the only thing I fear is running out of capital before I start making any and then being unable to continue because I cannot pay the bills.
I am following your course almost to the letter, I have even managed to get my site to number five spot on Google’s front page with a gold star entry right at the top of the page, to be honest this has astonished me as I know very little about anything, having started from zero three months ago with no knowledge of internet marketing techniques whatsoever other than ebay, the only drawback is despite 1300 hundred visitors, I have made zero sales, to be fair I knew it would take a long time but with that many visits I might have expected a sale or two, do you think I am flogging a dead horse?
Anyway I will continue adding to my site until I run out of products to add, then take it from there, I suppose I could always put it on Flippa, but it would be a bit heartbreaking to let hundreds of hours of work go just like that.
Sorry I’ve gone off on a tangent, The points you make are certainly valid, but they are not so easy to implement when you don’t know what the hell you are doing and of course you run the risk of spending a lot more than you are earning by outsourcing, but it is quite clear this is the way forward, it is impossible to make much progress on your own with any kind of speed, and it is made all the more difficult when you are not familiar with things.
I would like to say more but I have to go now bye.
Seven pillars of wisdom – thank you. I could tick (check) one or two!
Dan
I think that Building relationships is a very important factor that can make thinks a lot easier in any aspect of business.
Hi Dan
Thanks for the great post. I can relate to some of the list and agree with what you have to say.
A big one for most is that as soon as you can afford to pay someone else (unless you are fortunate enough to have a competent source that will help you out for free)is outsourcing some of time consuming projects as these can stop us moving on to other projects that will move our business forward.
hello dan great information as always….thank you
I like all your ideas here. I learn more about basics from your posts than from some IM folks who charge $$ for coaching.
An idea I came up with was customer service. Good customer service, honesty with your buyers and attentive follow through will get you further than most anything else.
Internet business is about trust. People are buying (for the most part) items sight unseen. If you can gain peoples trust you will succeed.
i think i got stuck on No. 1 for a while i was doing research and when i thought i had it i was afraid of the next step, then i kept going from system to system, so that didn’t help either, until one day i was on WF and read a review of DBSA and i dropped every system and now i’m working on Deadbeat, now i am going to follow those 7 traits.
Great post, thanks
Wow
Thanks for sharing these tips.
I especially liked the ‘Get out of your comfort zone’ and ‘building relationships’
keep these posts coming bro!