It's Not Easy Becoming an Internet Entrepreneur

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Written by Travis Farnes   
Wednesday, 28 April 2010 09:39

Just thought I would share a little about what's going on at this point in my life. Ever since I declared that my goal was to make a living online by becoming an internet entrepreneur I have been in that mindset. This is a good thing because it keeps me motivated to keep pushing through the obstacles that I am coming across to get to my goal. However, it also has some negative side effects.

Ever since December of 2009 when I started thinking about doing something different and decided to dive in to the internet marketing world I started to neglect my offline business; the business that really pays the bills. Did I think that I could just make a seamless transition into internet marketing and replace the income that I was making at the time? Actually maybe I did think that. In hind sight, that was pretty foolish of me. I should have slowly made the transition into my new venture. Instead, I stopped advertising, and basically stopped taking new calls. I would take care of any regular customers but that was about it.

Where does that leave me now?

I'd hate to admit the struggles that I am facing at the time I am facing them. I would much rather write about how I overcame obstacles and got through hard times in the past but if this site is going to be any kind of journal or accurate representation of how I make a living online then this is something I must do and I should not be ashamed to write about it. After all, if I really plan to do what I set out to accomplish then I should be able to look back at this post and laugh. I sure hope so.

So where do I stand right now? Very cash-flow poor! I have already depleted my savings and now I am in survival mode. I am at the point where I have started advertising my offline business again because I just need to bring in money to pay the bills. I am not even looking for any kind of luxuries right now. In fact, I am looking to sell many of the luxury items that I had purchased so I can pay for necessities now. I have made many mistakes in business and I am not afraid to admit it. I don't think there is anyone out there that can say that they have not made mistakes along the way that cost them money. I'm not sure how many actually admit them while they are going through them though. It is much easier to talk about the mistakes you have made after the fact and after you have recovered from them. That is not what this site is about though and I need to stay true to what I set out to do; explain what I am doing to become financially free from internet businesses as I am going through it. I do my best to learn from my mistakes so I do not repeat them again. I know that I will be able to update this post soon with some better news.

Decision Time

I am at sort of a crossroads right now. My safety net or backup plan has never been a job and I do not want to make it one. I know how easily it is to slip into the groove of comfort and security that a job can provide and I do not want that. My backup plan has always been my offline business but it is not picking up as fast as it once did. I used to be able to get instant work after advertising. I could post a free ad of craigslist and get instant results. Things have changed and I need to adapt.

I am also thinking of putting the internet marketing knowledge I have gained to work with some PPC google adwords campaigns directing to affiliate commission paid landing pages possibly from clickbank but I know that once I get into it there will be money lost from experimentation on finding out what generates sales. I'm not sure if I have that much time and money to waste right now as I struggle to get bills paid. I can also sell my beloved Cadillac Escalade and come out with about $5000 to help jump start this. I'm sure that is the wiser choice but I wonder if I have the guts to do it. I will update this post with the direction I have chosen.

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Too Busy to do Too Many Projects

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Written by Administrator   
Monday, 05 April 2010 13:52
It looks like it is going to be tough to work on two or more projects at once. With all the hours I have been putting into Countdown To Win I just don't seem to have the time or motivation to update this site. I hope this eventually changes though because I would like to keep this site updated with everything that is going on. I will get back here as often as possible but as of right now I just don't know when that will be. Add a comment
 

STATS: Countdown To Win Alexa Rank at the Beginning

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Written by Travis Farnes   
Wednesday, 10 February 2010 09:11
A few days ago I showed the Alexa rank stats for this site but I now want to show the rank for Countdown To Win. Once it really gets launched I imagine that it's rank will definitely beat travisfarnes.com but right now it's behind by a couple million. This is a short and sweet post so check out the current rank below:
countdowntowinalexastart
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Goals For 2010

September 1st 2010 Goals:

  • Average $100 profit per day through affiliate marketing.
  • Average $100 profit per day on Handyman Edge.
December 31st 2010 Goals:
  • Document everything I do as I become totally financially supported by my internet business.
  • Average $5000 per month profit through affiliate marketing.
  • Start an internet marketing business (mainly for tax purposes at first).
  • Have lots of fun while doing it!

About Travis Farnes

author_travisfarnesMy name is Travis Farnes and I have made it my goal to make a full time living online. I am starting with absolutely nothing. Additionally, I do not personally know anyone that is a full time internet entrepreneur. I am learning everything myself by reading and experimenting right here online. Watch me as I start from the ground floor and build an internet empire!

Read more at my about page