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For those who don't want to work your way up, that's no problem. Close this newsletter and go find a get rich quick scheme or 2 or 20. Then get back to me when you're rich (should be next week sometime, right?) You might even get lucky and find yourself a one hit wonder. You know, like those musicians who get a song on the charts – and then can never duplicate their success so they just fade away. It's almost worse then never getting success at all because then people say, “I know that song, who did that?” “Oh yeah, that was Jo Blo and the Tweektonics.” “Whatever happened to them?”
“They were one of those one hit wonder bands. I think they're playing airport lounges now, and the lead singer is the cook at Ma's Take-in-Bake.”
5 minutes of fame and the rest of their life is a punch line. I see that happen in online marketing. Some newbie makes a product that sells a few hundred copies, they get some money in their pocket, and then they just fade away, never to be heard from again.
Who the heck needs that? But it's the get rich quick mentality that makes failure like that happen. For the rest of us who have the common sense to know you don't win a marathon by starting on the finish line, let's get started.
And one more thing: As you begin making money online, a funny thing happens. You get addicted. You get to where you want to make more, and you do. You want to find ways to leverage yourself and your work, and you do. You want to find methods to make a lot more money in a shorter amount of time, and you do. But it all starts at the beginning – making a few dollars an hour and then working up from there.
Method #1 for making $10 an hour online – freelancing.
Maybe it's freelancing writing articles or blogposts. Or building backlinks, or putting up websites, or whatever. Pick out that thing you do the best, and offer it as a service to others who either don't do it as well as you, or would rather hire you than do it themselves.
What's that? You don't have a skill worthy of hiring out your services? Then get one. You're going to need to master these skills to get good at online marketing anyway, so pick something that really appeals to you, then research the heck out of it for 10 hours. In 10 hours you can learn more about any topic than 99.9% of people know.
Then advertise your service on the Warrior forum or any website that lets you sell services. Start out working for cheap, get some clients and some testimonials, and gradually increase your pricing.
Find faster ways to perform your service, and even hire out the work to someone else. In other words, LEVERAGE what you're doing to increase your hourly rate. For example, if you're getting paid $5 an article and you write 2 articles an hour, you're making $10 an hour. Get faster to where you can write 4 articles and hour and you're earning $20 an hour. Hire someone overseas to write the articles for you for $2 apiece, and you're earning $3 an article for simply reading them over and doing light editing. If you can edit 10 articles and hour, you're earning $30 an hour. And so forth.
Of course what is the problem with all of this? You are trading time for money – something that by itself will generally not get you to that magical six figure per year income.
Unless, of course, you not only hire out the work – you also hire someone to take the orders, edit the articles and fill the orders. Now you have a completely hands free system for making money, and it all started with you earning $10 an hour and working your way up from there. Method #2 for making $10 an hour online – writing and selling PLR.
In our previous example we were writing articles for others. Of course in freelancing you can choose to offer any service people are willing to pay for – writing articles was simply one example.
But what if, instead of writing articles for one person, we write a packet of 10 to 15 articles on one specific topic using the best keywords for that niche, and then SELL that packet of articles to fellow marketers for their own private use?
Now you can sell the same articles over and over again. If you sell that packet of 15 articles for $10, and you sell 15 packets, you've earned $150. If it took you 5 hours to write the articles, you've now earned $30 an hour. Of course, if it takes you less time, you earn more per hour. And if you sell more packets, you've again made more per hour.
There are PLR writers who do exactly this. They write packets of articles, offer those articles either on their own websites or on the Warrior forum, and do quite well. Can you outsource the writing of the articles? Of course you can. And with PLR, you are not limited to just articles – you can write blog posts, reports, ebooks, make recordings, videos, etc. You are also not limited by how many times you can sell each PLR product you create, unless you choose to set a limit so as to create scarcity. So now you're naming your own price, and you're creating a bank of products you can continue to sell for as long as you choose. And you're also creating a loyal following of buyers because once your buyers see that you offer good quality at a good price, they will come back time and time again.
Maybe your first PLR product only sells 10 copies, but then your next one sells to 10 new buyers and 5 of your previous buyers, and your next one sells to 10 new buyers and 10 of your previous buyers, and so forth. Every time you offer a new PLR product you'll have more customers who already know that you put out great stuff, and so they'll snap it up in a heartbeat.