Hi, my name is Sorin Bogdan, and I’m a full time online entrepreneur from Florida. After years of trial and error, I was finally able to achieve financial freedom with the help of internet, and now I strive to give back and help others understand the internet marketing puzzle and show them how they can make an income online.
Let me tell you a little bit about myself and how I’ve got to where I am right now.
I became obsessed with the idea of financial freedom since I graduated from college; actually even before that. Soon enough I’ve realized the increasing potential the internet was providing. I somehow felt there are money to be made, but I didn’t know how.
So I’ve searched. A lot. That was early 2000’s, and there wasn’t much quality information on the making money online subject then. At some point though, I’ve stumbled upon a website called Surf Junky, that was paying you to watch ads, and I thought to myself – this is it! I knew there was an easy way to make money on the internet! So I’ve let my computer running day and night for weeks, with my browser opened on Surf Junky’s site, with ads running non-stop, and I was super excited to make my first dollars online. Poor naive me.
I never got paid, and all my emails to support never got answered. This was first experience of being scammed, and I had to realize it’s not all that sweet and shiny on the internet.
Since then I’ve tried many things, I went through a lot of bitter experience and lots of losses, but I also had my wins. I created “review-style” websites, I did – and still do – Google Ads (I’ve managed to catch those times when you were paying mere cents per click… yeah, I know, it’s hard to believe now), and other PPC platforms, I’ve created videos and uploaded them to Youtube, I wrote reports and gave them away in exchange for email, building my list of subscribers. More recently, a couple years ago, I was into solo ad business – if you’re interested in this business model, or you plan to purchase clicks, you can read what I think about it here.
Also, I made a decent income doing retail arbitrage on Amazon, and high ticket arbitrage – reselling other people’s services.
Nowadays I focus mostly on affiliate marketing and product creation.
All this experience allowed me to gain a lot of knowledge in various fields of online business, and I’d like to share with you 5 most important lessons I’ve learned throughout my online marketing journey (they will especially apply to you if you’re a beginner):
1. This is the best time in history to grow a huge amount of wealth – in a relatively short time.
All thanks to the internet. Even 20 years ago there was no way someone could become a millionaire by building an online business – now there are thousands of such success stories. Nowadays literally anyone who has a computer and access to internet, can become a wealthy person. We’re living in amazing times, and we should be thankful for that.
2. If you want to achieve positive results faster – get a mentor.
A mentor is someone who already walked the walk and talked the talk. He will help you avoid the mistakes you might have done if you would do it by yourself, he will show the shortcuts and secrets you just can’t know, and will be there for you all along the way. A mentor also will keep you accountable, and this fact alone can make a huge difference. Read my article here why I consider having a mentor important.
3. Focus on one subject at a time.
No one ever became successful by being distracted all the time. Once you have decided what you want to work on, focus on it, and eliminate other elements from the picture. Don’t become a victim of the “shiny object syndrome”. Don’t let your attention slip away to other, “better” ideas, if you haven’t finished your project. Remember, you can’t be successful, if you jump from one opportunity to another.
4. Build relationships.
Just as in a real, offline business, relationships are important. With your customers, subscribers, partners, affiliates, etc. Quality relationships build trust and reputation, which equals bigger earnings.
5. Strive to provide quality.
There were times in internet marketing when you could make money by making big promises without providing appropriate quality. There are still marketers out there who follow this strategy, but this is a short life strategy. Strive to provide quality product/service, this way you build a base for a long term income.
6. Work on building passive income.
Passive income is what will ultimately give you financial freedom and will make you rich. Look for business models that will bring you recurring revenue – it’s the fastest route to make a substantial income online.
7. Don’t jump over your head when it comes to business expenses – until you can afford it.
While creating the foundation of your business, you may be tempted to purchase a lot of tools that will make your business run easier and faster. Don’t buy expensive tools if you can’t afford it – until you can. Treat your expenses and your whole business responsibly. Walk before you run. If you do a research, there’s a high chance you can find a cheaper alternative for the tool you’re looking for; or just skip it for now.
8. Keep learning.
Online marketing world is changing very fast. What was the latest cool thing 2 years ago, may be a relic today. And this applies to everything, from a WordPress plugin to the shiniest strategy or business model. Don’t rest on your laurels, stay up to date and keep your eyes open.
9. Work smarter, not harder.
Don’t try to do everything yourself. Concentrate your time and effort on important tasks. Things that you don’t have skills in, or take too much time – outsource them. There are many tasks that can be done by professionals in a short time, for a low price. All professional marketers do that.
10. Lastly, online marketing can transform your life. Commit to your business, and your life will change you never thought possible. Don’t look for easy, push-button solutions. Dedicate your time and effort to build a serious, long term business, and create quality products and deliver great service. The rewards will be worth it.
Thanks to internet marketing, I’m able to lead a vacation-style life on one of the most beautiful beaches in the world. There’s nothing stopping YOU living your dream life.