What's your best dollar per hour activity?

Soapyshoe 15 years ago

Originally Posted by MichaelHiles

Product creation.

My gut instinct is telling me that this is true. I've been in the game 1 month, and that's the king-maker.

You've got to understand how to market first, though.
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MattAdamo

15 years ago

even though i hate it, it's article writing.

If i outsource them i can't get the quality that i need (including all of the little copy aspects i put in) without jacking up the price.

But behind some good keyword research, it generates some huge amounts of leads for me.

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Rebecca108

15 years ago

Originally Posted by MattAdamo

even though i hate it, it's article writing.

If i outsource them i can't get the quality that i need (including all of the little copy aspects i put in) without jacking up the price.

But behind some good keyword research, it generates some huge amounts of leads for me.

Yeah, I have to agree with that. Well, it's the only thing that has made me money so I'm not much of an expert! But I recently calculated out that each article makes me about $100. So that's pretty good -- maybe it will help me get motivated to write some more!

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doop

15 years ago

Coming up with crazy ideas then developing them into something slightly more realistic and profitable -> handover to team who do the rest

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George Wright

15 years ago

Flipping.

George Wright

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Vanquish 15 years ago

Setting up successful CPA campaigns.
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Oconnor1

15 years ago

Product Development

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Johnnyfx

15 years ago

Creating new products.

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FredJones 15 years ago

Thinking.

I tend to think for a few minutes before going to bed every night, and I tend to think for another few minutes every morning that I get up.

That shapes my entire career.
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Zeus66

15 years ago

I gotta go with pig farmer boy up there (MichaelHiles - he's a pig farmer you know)...

Product creation. Make it once, it earns for maybe a lifetime.

I'd say my Adsense sites are right up there too, although they do have a shelf life sometimes. Add in the income from flipping those bad boys and it's a nice bread winner, though.

John

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MichaelHiles

15 years ago

Originally Posted by Zeus66

I gotta go with pig farmer boy up there (MichaelHiles - he's a pig farmer you know)...

Product creation. Make it once, it earns for maybe a lifetime.

I'd say my Adsense sites are right up there too, although they do have a shelf life sometimes. Add in the income from flipping those bad boys and it's a nice bread winner, though.

John

Once you've had organic, home stuffed, home smoked sausage, you'll gag at that nasty industrial corn-fed garbage.

I've got a 400 pound sow that's been bred out that I am going to send to pig heaven in the next few weeks.

Mmmm tongue meat... and souse.... pork cracklins...

I might do a WSO on how to butcher your own hog, and include a bonus on how to properly cut the throat to bleed her out and capture all the blood for some tasty blood sausage (spiced scab stuffed in an intestine).

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korbs 15 years ago

Originally Posted by MichaelHiles

... some tasty blood sausage (spiced scab stuffed in an intestine).

That's just nasty. I remember trying blood sausage as a kid, but the sales pitch was better. More along the lines of "juicy part of the meat."
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Chris Steiner 15 years ago

Automation.

Any time I can spend a few hours automating something that would take even just a few minutes each time I need it done, so long as it needs to get done on a regular basis, that is by far the best and most profitable use of my time. I think it is even better than outsourcing, which would come in a close second, only because I have to pay for each hour of outsourced time. The leverage is great, but it still isn't quite as profitable.

Originally Posted by MichaelHiles

...some tasty blood sausage

mmmmmmmmmmmm, sausage....
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Rebecca108

15 years ago

Originally Posted by MichaelHiles

Once you've had organic, home stuffed, home smoked sausage, you'll gag at that nasty industrial corn-fed garbage.

I've got a 400 pound sow that's been bred out that I am going to send to pig heaven in the next few weeks.

Mmmm tongue meat... and souse.... pork cracklins...

I might do a WSO on how to butcher your own hog, and include a bonus on how to properly cut the throat to bleed her out and capture all the blood for some tasty blood sausage (spiced scab stuffed in an intestine).

I'm sorry but that is absolutely disgusting. I would hate for you to end up as one of those pigs in a future life.

Thanks
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MichaelHiles 15 years ago

Originally Posted by Rebecca108

I'm sorry but that is absolutely disgusting. I would hate for you to end up as one of those pigs in a future life.

Ahh well... if I did, there wouldn't be much that I could do about it except become some tasty bacon for some other farmer somewhere. And then I get to move back up to something more enlightened like a ocelot or a spider monkey. Spider monkeys are cool.
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Rod Cortez

15 years ago

Scaling up traffic based on already proven profitable keywords. Increasing my sales funnel (product creation and/or affiliate marketing) is a very close second.

RoD

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greff

15 years ago

Calling current customers.

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Troy Trump

15 years ago

Copywriting and building traffic.

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entrepreneurjay

15 years ago

Email list like originally stated. Build, build, build I have a lot of work to do!

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nokimchen

15 years ago

Developing Softwares (bots)...
it takes about 6 hrs to make a bot. That bot makes $$$ per day (Note: I'm not talking about spam bot)

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Steven Wagenheim

15 years ago

Product Creation hands down with article writing a distant second.

In fact, I've just calculated that for every 1 hour I spend on product creation
that is usually good for about $400 in income.

I don't know about you but I'll take $400 an hour any day of the week.

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mgkimsal

15 years ago

Originally Posted by Steven Wagenheim

Product Creation hands down with article writing a distant second.

In fact, I've just calculated that for every 1 hour I spend on product creation
that is usually good for about $400 in income.

I don't know about you but I'll take $400 an hour any day of the week.

Hate to sound all nerdy and nitpicky here...

Over what time period are you calculating that?

Let's say you spend 30 hours on product creation - does that bring you back $12k over a 1 year period? 2 years? 1 month? 2 days(!)?

$400/hour is great no matter how you slice it, just wondering how you're slicing.

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Adam Nolan

15 years ago

Originally Posted by mgkimsal

Hate to sound all nerdy and nitpicky here...

Over what time period are you calculating that?

Let's say you spend 30 hours on product creation - does that bring you back $12k over a 1 year period? 2 years? 1 month? 2 days(!)?

$400/hour is great no matter how you slice it, just wondering how you're slicing.

Lol if that's the case then my most productive moments are the moment I hand them the pen to sign the contract.

So $5500 for a contract... 30 seconds to sign. Let's extrapolate that.

$5500 x 30 seconds x 2 = per minute rate = $11 000

$11 000 x 60 minutes = hourly rate = $66 000

So ... I guess signing contracts. I make $66 000 an hour

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mgkimsal

15 years ago

Originally Posted by Maverick_

Lol if that's the case then my most productive moments are the moment I hand them the pen to sign the contract.

So $5500 for a contract... 30 seconds to sign. Let's extrapolate that.

$5500 x 30 seconds x 2 = per minute rate = $11 000

$11 000 x 60 minutes = hourly rate = $66 000

So ... I guess signing contracts. I make $66 000 an hour

Nice... I may start basing my rates around those numbers. Heck, even charging just a portion of that - say $20,000 per hour - and I'd be doing pretty good

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JRCarson 15 years ago

I'd say article writing
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GoGetta

15 years ago

Yep, Product Creation wins for me too! No other task comes remotely close!

GoGetta

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sdentrepreneur

15 years ago

Optimizing Google Adwords Campaigns or Networking on Facebook. Video Marketing is a close third.

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blackholesyndicate 15 years ago

Writing email copy. I estimate I make well over $2000 per hour for every hour I put in writing copy. Probably more.
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Raydal

15 years ago

Copywriting with product creation as a second. Maybe I need
to make product creation first judging from the responses
so far.

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Brian Tayler

15 years ago

Consulting or direct marketing (Radio, Newspaper, article) efforts.

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DogScout

15 years ago

Robbing banks... But that takes a certain mindset

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binko

15 years ago

Things you can use for multiple purposes gives you the best value for your time.

For instance an article you can submit to article directories, put on your blog, use as a chapter in a viral report or ebook and...

But in general I suggest you balance your work to all important areas. It doesn't matter how much traffic you have if you have no good offer and vice versa.

Thanks

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badboy_Nick

15 years ago

Originally Posted by Big Al

Not too long ago I used to work in the mortgage industry ... and we used to talk about the best activities to follow up on in terms of pound per hour.

I guess it's just another way to say 'return on your time'.

And it was always insurance - never the mortgage. It was the back-end product because by that time you'd already spent a few hours building a relationship of sorts with the client, the hard work was done and the insurance (which could easily pay more than the mortgage commission) could be done relatively quickly.

What would you say is the best pound (or dollar) per hour activity for you?!

My gut feeling is that it'll be email marketing ....

Would like to hear opinions or anything random.

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Al

Creating new campaigns with PPC and building a small micro site. But to sum it up it would be to find a merchant who gives you a higher payout per lead.

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Adam Nolan

15 years ago

I'm surprised not a single person here posted Outsourcing yet!!!

You're using someone else's time and leveraging your own!

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wwesley

15 years ago

Yea i totally agree on outsourcing. The best dollar per hour activity would be managing your team. I mean unless your paid like $5000 per hour for consultation, i don't see anything beating outsourcing.

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Marhelper

15 years ago

I have to go with article marketing and flipping.

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orlando cassara

15 years ago

I would have to say product creation, and article writing

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Andyhenry

15 years ago

Building relationships and business partners.... Most of the IM related big successes I've had have been primarily because of other people.

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Sandor Verebi 15 years ago

Originally Posted by Andyhenry

Building relationships and business partners.... Most of the IM related big successes I've had have been primarily because of other people.

Andy, I couldn't say it better. Without good relationship (where you give more than receive) with your list and partners you aren't able to doing long term profitable business.

If you build proper relationship then you can to

- know what is their unsolved problem (if you know that you can to serve them better)
- get ideas for product creation (what will match with their want)
- get right tips in pricing, marketing, etc... (reaching balance between affordability and profitability)

But, I think the more important element is developing their trust in you. The others are coming from that. And I think you make this well if you know who are you, from where you come, a what kind of real value you give to others.

Have a nice weekend,

Sandor
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Jeff Bronson

15 years ago

For me lately it's been outsourcing systems hands down. Figuring out what are the lower value, repeatable tasks and what are the higher value more cirtical tasks. Creating a process map of who does what, complete with training videos, checklists, project management portal communication and getting it tweaked and working.

Then I move on to the next area of my business and break it down in a similiar fashion. This is really helping to leverage my skills, time and resources. I found when trying to do it all myself it just doesn't all get done. So why not play to your strengths?

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jbode

15 years ago

Personal coaching I record and turn into a product (with their permission obviously) only did it once though... but actual product creation without coaching someone is right up there

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Nicky Papers

15 years ago

Consulting or Product Development. : )

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GuerrillaIM

15 years ago

Making phone calls to line up deals and get money in.

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Folusho Orokunle

15 years ago

I love internet marketing, but I found out that I make about $800/hour closing deals over the phone.

I can literally pick up the phone at anytime and close a thousand dollar deal. But sometimes I just don't feel comfortable "selling" not because I'm not good at it but because I "thought" the owner shouldn't be doing the selling.

I guess since I used this skill to become rep of the year for AOL Time Warner 10 years ago, I felt this it's kinda like doing a job.

Hmmmm

The Warrior Forum is soooooo therapeutic lol

Doctor what should I do?

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thenextcameron

15 years ago

Internet marketing is always growing.

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The_Archer 15 years ago

Pay-Per-Click
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Dennis Gaskill

15 years ago

For me, product creation. Every sale increases the amount I made per hour in creating it. I've got a couple of products that are about 9 or 10 years old. Even including the time spent to keep them updated, you wouldn't believe how much those two products have earned me when broken down into a per hour rate.

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GeorgR.

15 years ago

There's so many, maybe keyword research. Spend 30mins with Market Samurai, find some great keyword where you will know you can rank high in Google.

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Paul Myers 15 years ago

Networking. Hands down. Nothing else even comes close.

Paul
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- Jag82 15 years ago
  
  Originally Posted by Paul Myers
  
  Networking. Hands down. Nothing else even comes close.
  
  Paul
  
  If I can turn back the clock...I would have wished I have
  put this as the number 1 priority on my list when
  I first got started.
  
  Yes. Networking and relationship building. Hands down the best.
  
  Jag
  
  Thanks
  
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robvegas626

15 years ago

I'd say creating new products is #1, and another very valuable activity for me lately has been updating my autoresponder...sharpening my messages, junking the least effective ones, adding new ones to promote hot new products (and my own stuff).