The 3 Most Basic Elements to Making Money, Everyone Knows, yet Most Miss…

Posted by: Socrates Socratous on: Mar 21st, 2007

Why is it that most people never make money online?

But I bet if I ask these people that dont make
money to tell me if they know the 3 basic elements of
making money, most of them (if not all) will say

“I knew that”…

(Of course they would say that, after I tell them the
3 elements)

The question here is, since they know, why is it
that they fail to generate money from their online business?

It is because they dont really understand how these
elements work together. 

As I promised on Monday, I put together a short report
that talks about these 3 elements and you can download
it for FREE from here:

http://SocratesBlog.com/files/3-elements.php

Remember to come back here, and post your comments.
Posting your comment today, will increase your chances of
winning the “mystery gift” this sunday.

Go ahead, Download the report now and come back to post
your comment

http://SocratesBlog.com/files/3-elements.php

Stay tuned for friday for the “evaporating swimming pool”
cocept.

On friday you will clearly understand how traffic
generation works and how it is easy to make a lot of money
when you know the “evaporating swimming pool” model.

Partner to Your Success,
-Socrates Socratous

P.S. Dont forget to come back and post your comment about
the report. Posting your comment today will increase your chances
of winning the “secret gift” on sunday.

http://SocratesBlog.com/files/3-elements.php

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17 Comments

  1. Thomason 21 Mar 2007 at 4:16 pm

    Hi Socrates,

    Thanks for the report, but there’s still something missing (not in your world, my friend, I’m referring to mine).

    You say:

    Eyeballs,
    Wallet,
    Piggybank…

    I don’t have the eyeballs.
    I can’t generate traffic.
    No matter where I go to generate traffic, it costs $$$.

    Even if I obtain the $$$ to get the traffic, the eyeballs, I don’t get any sales because…

    *****I don’t have a product.*****

    I’ve tried selling other people’s products during the past year and have made $30. Can you believe it??? Thirty dollars!!!

    Someone told me once that if I don’t have my own product, I’ll never be successful.

    So….. it really comes down to:

    Product,
    Eyeballs,
    Wallet,
    Piggybank…

    What now?

  2. Bryanon 21 Mar 2007 at 4:22 pm

    Hello,
    If you don’t know the info in this free ebook then, you probably have no reason to try to make money on the internet. I’m just glad this is a free ebook because, I would have asked for my money back within 10 seconds of reading it.

  3. Socrates Socratouson 21 Mar 2007 at 4:53 pm

    Hi Thomas,

    You can make a ton of money promoting other
    people’s products.

    Take a look at my last post with my adwords
    test results. That was an affiliate product.

    However, as it comes down to the 3 elements,
    the product, or affiliate product, or any
    type of offer, would go under “pulling String B”

    Brian,
    Thank you for your honesty. since you already
    know this stuff and you are using your 3 element
    system correctly by pulling the right strings,
    you must be successful and I congratulate you
    for that.

    This report is intended for people that struggle
    to make money online. Believe it or not, I deal
    with many people every day that have a problem
    understanding this very concept.

    As I said a number of times in my report, this is
    something EVERYONE knows, however many dont
    understand how to use it correctly. This report
    is the beginning of my attempt to help everyone
    here put the pieces together and build a business
    based on the fundamentals.

    Please keep your comments coming, whatever you
    have to say, negative or positive is very valuable
    in order to help you achieve super success

    Will be back later to address to your comments.

    Best regards,
    -Socrates

  4. SaRitaon 21 Mar 2007 at 5:20 pm

    Socrates,

    What a unique way of reminding us to focus on the foundational principles of marketing. Thank you. Now if I can just figure out how to actually do each step right, I’ll be in good shape. 🙂

    SaRita

  5. Randyon 21 Mar 2007 at 5:24 pm

    Hi Socrates,

    You are doing a fine job. And you are right in saying you are trying to help everyone.

    The post from the fellow that would want his money back had he payed for it. This type of person is obviously suffering from open mouth insert foot syndrome.

    Where as the fellow before him is obviously having a tough go at getting his business working for him.
    To this fellow may I suggest that stay with it and remember why you wanted an online business.

    Socrates, here is to a job well done..

    Warm Regards,
    Randy Baldwin.

  6. Holgeron 21 Mar 2007 at 8:10 pm

    unique
    different
    interesting

    short and sweet
    keep going

    Holger

  7. Linda Britton 21 Mar 2007 at 9:04 pm

    HI,,,,,I JUST DOWNLOADED YOUR MY DIGITALDIRECTORY AND IT IS IN MY COMPUTER UNDER MY DOCUMENTS,,,,I NEED TO GET IT INSTALLED INTO MY EBAY STORE,,,YOUR WEBPAGE OFFERED FREE INSTALLATION IF I HAD A HOST WHICH I DO ,,,I NEED HELPPPPPP*******THANKS LINDA

  8. Elaineon 22 Mar 2007 at 1:40 am

    I was shocked to read Bryan’s comment. Before reading it I was thinking it was the best written report I had read in a long time – and I am a professional copywriter! Whether people KNOW this stuff is not the point. It is grabbing their attention and getting them to look at things in a different way that is the only way to make people DO what they may already know! And that’s exactly what the report did.

  9. Jameson 22 Mar 2007 at 2:49 am

    Hi Socrates,

    I think that the information that you provide in your report is fantastic.

    Even though everyone thinks that they already know and understand what you said, they don’t really understand what you stated in your free report.

  10. ritchieon 22 Mar 2007 at 9:31 am

    hi socrates
    i am new to your info. thanks for what looks good from my research. i have a series of questions about mydd. this is the only place where i can reach out that i know of. here it goes:
    1. i have tried registering on your mydd.com forum but no registration emails were sent out at all so i could not post anything.
    2. i also tried sending an email to sales@… but it bounced back.
    non the less, here was my query so if you could respond that would be great:

    hi there
    i am trying to figure out if mydd is compatible with isale (for mac) or can be? it is similar to turbolist but better.
    info is at http://www.equinux.com/us/products/isale/index.html
    also, i don’t want to manually copy a new auction for an item once it is sold on ebay. will mydd eliminate this process in conjunction with isale/turbo lister and mydd? I think it will by the sounds but just want to confirm before buying.
    thanks

    also, i can be reached at secret (at at at) caustictruths(dot)calm. i hope you get the address so please let me know.

  11. sunstar digitalon 22 Mar 2007 at 11:14 am

    I just wanted to say.
    I have MyDD,
    and have purchased website from you,
    and also a quite a few domain names.
    I remember the first time we spoke on yahoo. I have to say, Since you have gotten me focused on ONE product. I am doing very well! I would love to share the story with you sometime!

    Thanks Socrates,
    You helped me start the business I always wanted!

  12. Cathy Won 22 Mar 2007 at 3:35 pm

    Hi Socrates:
    Thanks for the report – your use of “eyeballs” is good because it reminds me to keep my “eye on the ball” – i.e. always go back to the 3 priciples you mentioned. I’m having the same problem as Thomas, but I think my problem is due to failure to focus on a single goal – and I need to learn the basics more thoroughly.
    To Thomas – a suggestion: if you want to make yourself feel better – go to Ebay and sell some junk – that’s what I did 🙂

  13. Leighon 23 Mar 2007 at 2:14 am

    Hi Socrates,

    I’m a teacher, and I want to congratulate you on explaining the basics in a unique and simple way, that makes the principles very clear.

    Now I’m looking forward to your explanation of the ‘how-to’s!

    cheers,

    Leigh

  14. Emilyon 23 Mar 2007 at 10:34 pm

    Me again! Just read your report, and some of the comments people left!

    Finding out these things are as simple as asking! I always ask people upfront in my business how much they are willing to spend to fix their problem.

    And they all have one, or they would not go to your site in the first place!

    Depending on what they say to me, then I let them know what “level” of service they can expect from me. I have a whole system for going through this with people, but I would rather waste 45 minutes of my time with someone, then several days or weeks. In each of my business, the value of a loyal client in one year alone (including referrals) can be well over 25-50K.

    I do not sell widgets, nor do I sell anything that has to do with marketing. I just knew I had to learn it, so I am! That being said, your clients and your time will appreciate knowing up front that they can go ahead and shop at walmart, instead of shopping on Rodeo Drive!

    I will cut it short, but you do always have to speak to people like they are in 5th or 6th grade. If you don’t, they do not always get it! That is something I always forget, because I am so passionate about what I do!

    ~Emily

  15. Toddon 25 Mar 2007 at 4:17 pm

    Good analogy but to broad of an explanation. I think people would like to know the specifics of your Adwords success.

    I was hoping your follow up blogs would cover the specifics on what type of ClickBank product you chose as well how you generated the profitable keywords.

    Again the evaporating swimming pool analogy was good but too broad.

    I always like to use the fishing analogy since I like to fish.

    Give a man a fish and feed him for a day. Teach a man to fish and feed him for a lifetime.

    Eyeballs = Fish
    Wallet = Hunger
    Piggybank = Bucket

    So if I were teaching someone to fish using a broad analogy then I would tell them this.

    Buy a fishing pole – Adwords campaign
    Go to a lake that has fish – Eyeballs / Internet
    Go to where they are hungry – Wallet / Looking to buy
    Put them into a bucket after catching them – Piggybank

    Now did that teach you how to fish? Probably not. Even though the information is valid it does not sufficiently teach someone how to become a successful fisherman.

    A more detailed explanation would cover what type of fishing pole to get for the type of fish you are trying to catch.

    Which lakes have the hungry fish and what lures are they biting on and where.

    I was hoping that you would go into writing a successful Adwords ad to begin with.

    The first key to Adwords is a great lure or headline to catch attention.

    The second key is to offer a benefit in the second line. Potential food or information.

    The third key is to offer a feature. Good food or useful information.

    Give people more details on what you did specifically without actually giving them your Adwords campaign.

    What type of ClickBank product did you choose? Did you choose a popular product with a high gravity rating? Explain gravity ratings and other details of choosing a good ClickBank product.

    Once people clicked on your Adwords ad where did you send them? Did you send them to the vendors’ site or did you send them to your site. Did you review the product or did you try and sell it?

    Did you make all the money from selling one Clickbank product or did you generate more sales on the backend?

    How did you come up with successful keywords that got your Adwords ad placed on the first page of Google?

    I enjoy reading your blogs but try to be more specific when making claims of generating a lot of money using a certain method.

    People are impressed by what you can do for them. They are not impressed by how much you make or have.

    My analogy – If you do make it financially then teach people how to fish, and don’t tell them how many fish you have.

    Even if this means charging them for the fishing lesson.

    I feel the Adwords blog and report was a free fish that I got which fed me for a day but it did not teach anyone how to fish which would feed them for a lifetime.

    Just adding my two virtual pennies.

  16. SunStar Digitalon 01 Apr 2007 at 11:52 am

    the 3 elements info is great!
    IT really does take all three to conduct a lucrative business.
    I feel I have the product, some of the know how, now I am looking forward to the seminar for more of the know how!

  17. SunStar Digitalon 03 Apr 2007 at 1:23 pm

    well well well……

    Sunday’s past,

    where’s the prize for the 5 of us ???

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