The stats vary a bit from year to year, but overall, the statement is true, and it usually takes between 5 and 7 years. The question is, why? The answer is that most of them had no previous experience managing any money, let alone a windfall like a lottery win. They don’t have experience choosing helpful people and often fall for scammers. You’ll find similar failings in sports people, entertainers, and anyone with sudden wealth thrust upon them from any source. It has even happened with Internet Marketers who suddenly strike gold. There was a person who is well known now who had a massive win with a product he created early in his career but failed to account for any tax. They were able to overcome the issue and make sufficient funds to cover the bill, but it was a close thing, apparently. Yes, it is possible to make a million in a relatively short time online, but it is unlikely. Not because you’re stupid but because you don’t have the experience yet. You get experience by doing. Make landing pages and send traffic. You don’t really need any product initially. You can offer something and find out if people will subscribe to it. The next page can say, “This is a marketing test. When we have sufficient interest, we will send you a link to download it. If you choose to unsubscribe immediately, an email with an unsubscribe link has been sent to you.” Alternatively, you can use AI to create a helpful lead magnet. If no one subscribes, you have lost nothing but the time spent creating the landing page and whatever the traffic cost. This is no different from those web pages that say, “Under Construction.” Some of those domains never get any content. You have to do something, though, or nothing will happen. Regards, P.S. This is pretty simple to get started with: https://go.wm-tips.com/pain. At least you’ll have an idea or three about what to test for subscribers. |
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