Young Online Marketers - What is Your LONG TERM Plans ?

by Hamza
13 replies
Hi,

So as we already know there is many so successful individuals in our industry who are still in the beginning of their twenties,

My question is , as an online entrepreneur, whet is your long term plan ? 5 - 10+ years ?

Have you ever considered starting an offline business ? or expanding your online business to a whole new level ?

I had this question today and it's really driving me to think about it more and more, what next ? Personally Traveling the world and spending money is not a good plan for me ...

What about you ?
#long #marketers #online #plans #term #young
  • Profile picture of the author jonbeebe
    I'm currently making money online with a "method" that's working great for me, but it requires a lot of time and dedication... so I don't think I'd be able to apply it to niches I'm not personally VERY interested in.

    So in the future... I plan on reaching out to other online fields, but outsourcing the entire method, making sure my income goes above the outsourcing costs and then expanding from there.

    The whole process of getting there though (before I'm in the outsource-other-niches plan) is really run though, I'm learning a lot and enjoying the ride :-)
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    • Profile picture of the author butters
      Hmmmm, what's next for me... in 5 years time I see my self in medschool tbh. Being 19 now, I have already been to most of the countries I want to and got one of my dreams out the way and now it is time for me to focus on my other. Well thats the plan anyway .
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  • Profile picture of the author Underground SEO
    Lol that is exactly my plan - to travel the world and spend money. I would never aspire to leave a job and solely concentrate on IM, too risky and lonely for me. I just prefer doing it as a sort of hobby.
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  • Profile picture of the author MichaelJames
    My plan is defiantly to travel the world! I'm pretty new to IM so I haven't got a whole plan set out yet. Im figuring out what works best for me and from there I will outsource and go on to the next money maker. Long term financial goal is $100,00 a month from all by business.
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  • Profile picture of the author JennSpencerIM
    My hubby and I are still newbies I'd say...just about 14 months in but have both been full time with IM for the last 10 months. Our plan is to create 2-3 new products per year and continue to promote affiliate products as well. Of course plans change and we are super flexible but we LOVE what we are doing now and want to continue to expand it and continue to travel, etc.
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  • Profile picture of the author Rob Howard
    [DELETED]
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    • Profile picture of the author mlord10
      Originally Posted by ccmusicman View Post

      Building a business...NOT just making money.

      I'm talking about a real business here, with employee's, automated income with myself not even at the helm, just collecting the checks and making sure the machine works!

      Rob
      This pretty much sums it up. I have automated some affiliate income for myself, which is nice. Now I am focusing my efforts on offering internet marketing services to offline businesses. I hope to take that business to 6 figures/month in the next 3 years. To do that I plan on hiring a staff that can handle all of the grunt work for me.

      I want to be the owner of my business, and do a bit of consulting but nothing else. The more hands off I can be, the better.

      My fiancee just graduated from pharmacy school, getting her doctorate of Pharmacology from the University of Georgia. I know it is a dream of hers to own her own pharmacy, and I am looking to fund this with my IM efforts.

      Long term I want my consulting business on autopilot, and also want to hire a few pharmacists so we can own the pharmacy without her having to do too much work herself.

      At this point I hope we can travel and enjoy life, without having the finance/job stress that ruins so many people.
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  • Profile picture of the author JonAlfredsson
    It actually depends - there are people that wants to concentrate with IM and forget about offline business. There are some people though that would not give up their job for IM and make IM as a part time job. On my point of view, there's really no right or wrong answer - that actually depends on how you would think for your future. If I am earning good from IM while doing offline business, then why not? right? as long as I know how to keep things organized.. that's how it is.. its a matter of a time organization.
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  • Profile picture of the author Alex Mensah
    my longterm plan is pretty much to escalate what I am doing to make money now. Pretty much scale up because there is not ceiling in internet marketing. Also, I plan to teach others to replicate my results soon. Like the saying goes, "success without a successor is failure"
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  • Profile picture of the author Gclunis
    Long term plan? not sure exactly how i'll get there but I know what I want at least.

    My ultimate goal for IM is to have 10 or so successful niche sites each earning about 1000 a month on average. I also want to have my personal blog up and running in the IM niche as well as my own products in the IM niche and my own list in the IM niche of at least 5000 people.

    This will be my multiple sources of online income. I will be outsourcing alot of tasks in order to run all of these and I may hire virtual assistants to manage certain aspects of the niche sites once they are semi automated.

    Once my online empire (in my mind) is built I would like to open my own video production and editing company that works with small businesses and not for profit organizations. Basically helping them build their business through proper video marketing and commercial marketing.

    This video business will one day be a sub set of my much larger umbrella styled corporation that runs all of the businesses (including the online stuff) that I start and own. As well as any small businesses that choose to be "sponsored" by said umbrella corporation.

    That is basically my life plan as far as business goes. And i've been told it's impossible..but I refuse to believe that.
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  • Profile picture of the author jedz
    Banned
    well, as an employee of one of successful outsourcing company, I guess, my long term plan is to gain more and retain our clients. This is a very competitive business, you need to upgrade every knowledge that you have since this is a web industry. You will encounter so many changes in this field.
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  • Profile picture of the author Karan Goel
    Hey

    My plan is to setup a successful online biz parallel to my engineering.

    Karan
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  • Profile picture of the author abednego
    Originally Posted by Hamza View Post

    Hi,

    So as we already know there is many so successful individuals in our industry who are still in the beginning of their twenties,

    My question is , as an online entrepreneur, whet is your long term plan ? 5 - 10+ years ?

    Have you ever considered starting an offline business ? or expanding your online business to a whole new level ?

    I had this question today and it's really driving me to think about it more and more, what next ? Personally Traveling the world and spending money is not a good plan for me ...

    What about you ?
    To quit my job.
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