Path #1: To build an authority site in a specific niche. Basically, you are building an entire online business from scratch, so you’ll learn a lot about Internet Marketing, and why people will take action on the products you promote. However, this path is long and tough, and a lot of people quit because they didn’t see the results that they want, even though they have put in a lot of effort for months. If you choose this path, you will not expect to see any results in the first 3 – 6 months, and you have to put in a lot of effort to it. The financial risk is not that much, but the time and effort will be wasted if you give up.
Hi Jack! Just wondering if you can advise abit about the process about the course. While I understand there is alot of online process, technique and marketing that goes into an online business, my biggest issue is I just have no clue on what to run! I don’tk now my niche? I love investing – shares, equities, everything, but I am by far not a guru that I can setup a coaching style online business like those ‘rich dudes’ you see selling training courses online whiel worknig on their laptop in bali.
Thank you for the article! You really provided a fair explanation of how Wealthy Affiliate works. Since this is simply a guide on how to successfully create and run your online business, am I allowed to cancel my membership after a period of time? I know that you said that there’s no limitation to cancelling my subscription, but what would be the benefit to continuing as a member even after I have learned all I needed and I’m successful in my business? What will I be losing if I opted to cancel after I’ve been successful? I’m just trying to learn if they (the founders of Wealthy Affiliate) expect people to pay the monthly or yearly fee forever or until they’ve acquired the success they desire. I look forward to your response!
Thank you for your input and honest comments on this system, it is of great help to think about it. I’m exploring building an online business and it seems to me, a lot of the success depends on really being able to generate qualified traffic to your opt-in page to build a subscribers list to begin with. For some reason, this aspect of the business is somewhat skipped through and not much information is given about it.
That depends on your experience, budget, and goals. WordPress has a steeper learning curve and requires more maintenance. But over the long-term, it offers much more versatility and options to grow. If you self-host WordPress (rather than use WordPress.com), it can also be much cheaper than Wix. Wix focuses on onboarding and pure ease of use for someone who wants a solid, maintenance-free website without the frustration of a web designer or figuring out HTML issues.
Of course you can say, well just compete. That’s the essence or free enterprise. But then, realistically, what are the chances of still succeeding in this WA promotion niche? There are already a lot of veterans way, way ahead — like YOU. For a newbie appreciating how excellently you have developed your promotion site, it looks like a very tall order to come up with something better and competitive. And mind you, you are not the only excellent site around promoting WA.
So a question I have, just because it didn’t jump into my eyes – does this Wealthy Affiliate Program also include knowledge about list-building? Because this is what i get so far – I should build a following by providing some kinda value to people that click on ads that I place on the internet.. I know – you can’t explain everything – but my question is – do you think I find “everything” here kinda “step-by-step”. Seen that you don’t call SFM a SCAM leaves me unsure, if I should go on a while – and just stay cirtical. What’s your opinion?
If you add up all the services you get, the premium membership is a steal. For example, you’ll notice they include unlimited keyword research with a membership. Other paid keyword research tools sell for $49 or more just by themselves. Add in website hosting, and there’s another $10 / mo. Add on the website security package, and there’s another $10 per month (I’ve paid as much as $29 / mo just for website security). Just based on those things alone, Wealthy Affiliate is a great deal with all of the resources and tools you need in one convenient place. Not to mention all of the training, tutorials, and support that is included with the membership.