How to Explode Your Affiliate Profits by 10X

What if I told you that there was one thing that you could change about your affiliate business, and this one change would result in a 10X increase in profits? If you’re moving along making $200/day profit, that’s $6,000/month, not bad, for most people that’s enough to go full time.

But… 

What if you could take that to $2,000/day, or even $20,000/day (I don’t make $20,000/day yet, but there are some affiliates that do)?

What if I told you I used this one secret to go from zero to7-figures in 18 months (and growing)?

Here’s how I discovered this secret…

It all started back in spring of 2005 when I started my affiliate marketing business, I had heard you can just throw up a website, add some content, place some affiliate banner on your site and boom, you’ll start making up to $500/month! Yes, I was that gullible! Now, today $500/month profit sounds like a complete joke, given I make that before I wake up in the morning, but $500/month was my goal when I first go started!

Back then I was a physics graduate student living in 300 sq. ft. apartment in Urban-Campaign, Illinois. I made $1300 a month as a grad student, I still can’t figure out how my wife and I lived on that! So if you think about $500/month was a 40% increase in our monthly income!

This was back before I knew what ppc even was, I was attempting to make a content site, drive free traffic to it and hoping people would click on my affiliate banner and buy! After several months of busting my butt making my site, and writing the content, putting adsense and affiliate banners on the site, I was getting 3 unique visitors a day!?!

You can image I was a little discouraged! Anyhow, around the same time I was listening to a Nightingale-Conant program call “Mentored by a Millionare” by Steven K. Scott. It’s a 6 CD set, and on one of CDs he talks about goal setting technique called “Shooting for the Moon.”

Here’s how it works, instead of setting realistic goals, such as I’m making $200/day, my goal is to make $500/day in the next 6 months. Set “impossible” goals, that is, goals that push you totally out of your comfort zone. When I first heard this I thought it was the most ridiculous thing I ever heard in my life, after all, if the goal was impossible how in the world are you supposed to achieve it. This is just motivational BS!

The idea never got out of my mind, this impossible goal idea. So I decided to give it a try, I had nothing to lose. My current goal was $500/month, so I thought to myself what would be an impossible goal for me??

I set a goal of making $10,000/month in affiliate marketing within 6 months, now keep in mind I was making zero at the moment, I had not made a single affiliate sale. It was the summer of 2005, I had graduated with my PhD and just moved to Boston to work at MIT. I wrote my goal out and put it up on the wall in several places in my condo, basically somewhere I could see it everyday. Sometimes I looked at the goal and I laughed, it was impossible alright, I mean can you honestly imagine sitting at home making a 6-figure income!?! Now that was a nutty idea!

My mind started running, I quickly realized I was beating a dead horse with my SEO site full of affiliate banners. I dropped it and began looking for more information about affiliate marketing and online marketing in general. Not long after that I stumbled upon Googlecash, I remember it like yesterday, I couldn’t sleep for nights. I knew that THIS would work, the concept just made sense, set up some Adwords ads with your affiliate links and drive some targeted traffic to it! As long as your sales exceed your click costs, bam, you make a profit.

To make a long story short, I started 15 failed campaigns and on my 16th campaign I make $10,000 profit in the month of December. This was 5 months after I had set my “impossible” goal!

Now I can guarantee you that if I had keep my goal at $500/month, I would still be working a job and drowning in consumer debt.

I used the “Shooting for the Moon” techniques several times since to reach the point where I’m now, where my business is making $3,000-$5,000/day profit. My new goal is $3,000,000/month in profits for my new company (I’ve teamed up with 2 very talented internet marketers) and yes I have a game plan for achieving that.

How can you apply this technique? Here’s some action steps I recommend:

1. Evaluate where your business is right now.
2. Set what you believe is an “impossible” goal. A good rule of thumb is 10X of what you’re making now. So if you’re making $200/day profit, set your goal at $2000/day profit. Tip: It should be something that pushes you COMPLETELY out of your comfort zone. But don’t be stupid and set your goal to $2 billion/day or something like that.
3. Set a tentative deadline for your goal, I like setting it for 6 months, do what works for you but don’t make it more than a year.
4. Write down your goal on several pieces of paper and put it around your office and your home in several places where you’re sure to see it several time a day.

The level of success that you achieve will be determine by the level at which you think.  I cannot express this enough.