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Thursday, July 27, 2006

Internet Goldmine 11

However in Part II of this lesson I want to tell you where the gold really is on the net. If you take a step back you could probably see for yourself.

Okay here we go.

In the older days of the real gold rush people were ecstatic about the possibility of mining gold and it's no different on the net. However because of where and how the gold was hidden no person could just access it easily with their hands.

It took special tools to get to the gold. So there were persons who set up shops to sell picks and shovels so people could mine the gold.

Did you get that or did you miss it? If you missed it read the previous paragraph again.

See there was no guarantee that the prospect would find gold. But there was a huge possibility of people looking for gold and guess what these people would need? That's right. Picks and Shovels.

So the real and consistent money was made in selling the picks and shovels. And it's no different on the net. That is where the real money is made.

Let me give you an example:

Let's say Jane has found a way to crank out sites that make her $200.00 a month each. However it takes Jane 3 days to build each site and get traffic to each of those sites. In one month Jane can have a profitable website network of about 10 sites which is about $2000.00.

Not bad you say :)

Now let's say that Jane shares her blueprint with me and I am a programmer. After looking at her blueprint I design a program that does everything Jane did by hand, but instead of it taking 3 days to build one site and get traffic now it only take 3 hours.

And not to mention the software does most of the work.

Do you think Jane will want this tool? You bet she will and so will thousands of other people who are looking for 'gold' on the net.

So what did I just become now in that example?

You got it. A pick and shovel seller and people will be beating my door down to get my picks and shovels if they hear it will help them find gold on the net.

So in closing I'll ask you, "Are you shovel seller or a shovel buyer?

Find out in the next part .


Up Next: Are You A Shovel Seller or A Shovel Buyer?

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