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When Your Internet Business collapses? Start over–but Start Smarter!

by | Jun 13, 2019 | income | 0 comments

When Your Internet Business collapses? Start over–but Start Smarter!

by | Jun 13, 2019 | income | 0 comments

Hello Everyone,

As many of you might know, I am a full-time RN and have a part-time (some times full-time) internet marketing business. From 2012 to 2018, I focused my efforts on one a very popular company whose focus was on affiliate licensing and education. I had some profitable years and not so profitable years. There were several years where I spent in the upwards of $50,000 on pay per click advertising and remained profitable (barely). The future looked bright; however, in 2018, this company became the focus of the FTC and was shut down. I did not expect this business to be around for 200 years; but I had no idea the end was so near (but I should have).

I learned several valuable lessons from this experience. The owner of the business mode was and still is one of the most respected people I’ve ever met. But a sound business owner does not always equate to a sound business model. So always make sure that your perception of the business model is reflective of the businesses leadership. And ALWAYS have multiple income streams of income. But if you are going to put all your efforts into one business, make sure it is as stable and evergreen as possible.

As I watched my investment and many years of time go down the drain, I wondered what was next. My RN job provides benefits and a stable income; but I know it will never make me rich; working for anyone other than yourself, will rarely make you rich.

This FTC shutdown and disappointment wasn’t a total loss, though. Throughout this process, from making profits and a very lucrative future, to complete corporate meltdown, I picked up some valuable skills such as: website creation, affiliate marketing, SEO, list building, and lead creation.  The silver lining is, however, this skill set is universal and can easily be rolled into other businesses. 

If I was to do it over again (and I just might), however, I would have started out with a more mainstream income builder like

  1. Real Estate (Both as a commissioned agent and as a purchaser, building up a network of rental properties).
  2. YouTube (with enough quality content and viewer base, YouTube is easily a very lucrative income just in itself).
  3. Amazon FBA (do I really need to say anything about how big Amazon is).

Stay tuned as I start over, without recreating the wheel this time.  To see someone who is allready doing this, take a look at some of the best Grahm Stephan’s Videos.

To your success,

Jody Heath

Compliance disclosure: “As an Amazon Associate I earn from qualifying purchases.”
(I'm also very humbled and grateful to my website visitors & Amazon for these earnings!)

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