How To Make Money Online In 2 Hours a Day

by Dan on October 9, 2009 · 5 comments

in Mindset Tips

I realize a lot of people want to supplement their day job with an online marketing business. I also realize that working 8-9 hours at a J.O.B. plus adding in an additional 1 hour of daily commute time doesn’t leave most people with a lot of time at the end of the day to get a lot accomplished.

Recently I’ve cut way back on my time spent doing stuff that I actually enjoyed doing like writing articles and build backlinks and creating products and what-not..

People like Donald Trump will even tell you they’re not the smartest person in their inner circle because they surround themselves with people smarter than they are at certain specific aspects of a business. “The Donald” got good at one thing specifically, then added to his knowledge by adding people to his circle.

Most people trying valiantly to earn an income on the Internet aren’t trying to master one thing only.

They’re “riding 6 wild horses” to nowhere.

They’re trying to master all aspects of this craft without any implementation.

They’re serial learners, and yet Masters of NONE.

To do more, to earn more, to achieve more:

  • Master 1 thing, no matter what it is
  • Surround yourself with those whose skills you need to develop your business.
  • And put a value your time…

Things I now outsource:

Article writing and submissions to Ezine Articles and Unique Article Wizard. As you can tell I tend to get a little wordy with my writing therefore article marketing has a huge time-sucker for me, but still something with positive ROI.

Guess what I learned from outsourcing article writing and submissions?

It costs WAY less than I thought, I can get 25 500-word articles written and submitted to my EZA account for under 200 dollars.

They do a better job of it than I do (their article CTR rates are better than mine, therefore they are people now in my inner circle who are better than me at something :) )

Value:

  1. 8.33 hours/month of my time saved,
  2. 25 articles X 20 minutes to write each one = 500 minutes
  3. 500 minutes is 8.33 hours
  4. $200 divided by 8.33 = $24.00/hour

Prolonged value:

  1. Higher CTR rates from articles
  2. which brings in more traffic,
  3. which brings in more income
  4. which gives me more time to do other things, + more energy to put into “tha bizz”
  5. or just more time to do nothing at all, realizing sadly, that my business runs better when there’s less of me involved in it

If you’re interested in outsourcing the best product to completely understand the How and Why to it all is Outsource and Delegate

Other articles you might like;

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Daniel McGonagle

Daniel McGonagle

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{ 5 comments… read them below or add one }

Franck Silvestre October 13, 2009 at 10:03 am

Outsourcing is the way to go, no doubts about this. the only thing is to know your ROI before you start.

Franck

Reply

Dan October 16, 2009 at 12:59 am

@Franck Silvestre,

Good point, interesting topic for another post,

How To Determine Your ROI BEFORE Outsourcing.

Tough thing to assess prior to entering a niche, and for me it’s been a reactionary thing; when I realize I spent XXX number of dollars and hours to do some things I’m not really that good at, then I say YES, it’s a necessary task just not worth my time.

Reply

thomas October 15, 2009 at 3:33 pm

Outsourceing is a great way to save money. I agree with franck that that you better know your numbers before you make the dive.

Reply

Mike October 15, 2009 at 4:02 pm

Dan,

First I wanted to say that you are one of the people I have encountered in my brief internet marketing career who comes across as a pretty straight shooter.

I agree, outsourcing is a good idea but for me, at least in the beginning, I feel that I have to do things myself, so I learn what is required and which functions are more important than others. I also think you have to experience a little success before you are willing to start spending out of pocket $$$, even though as we all know – time is money.

Reply

Dan October 16, 2009 at 12:56 am

@Mike,

You have your head on straight that’s for sure… Yes, like the other 2 commenters noted, you need to know your ROI prior to outsourcing, or as you put it, you need to know what functions are more important, or less ROI-creating.

The way I like to do things, the way I actually got into outsourcing is to never buy products that teach you things, not anymore anyways, just buy into or invest in SERVICES that actually do something FOR YOU.

That’s the start of outsourcing.

Thank you for your comment,

Dan

Reply

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