Eli Whitney is known as the man who invented the cotton gin.
He earned $0 from that invention.
His name is in the history books, but a lot of good that did him.
Imagine the creativity and mental energy required to invent something of world-historic significance -- and then having no compensation to show for it.
Well, one good thing about 2020 is that you sure don't have to do that.
You don't have to invent a thing.
Here’s the model that's now possible:
(1) Find an already-existing product on Clickbank, the world's largest affiliate network, that solves an urgent problem. By trial and error, it's actually known which ones are the best.
(2) Identify an audience of people who have that problem. You can pinpoint an exact demographic with a few clicks.
(3) Post ads to that demographic and variations of that demographic (as someone who has done this hundreds of times, trust me that this is much, much easier than it sounds).
(4) Discontinue ads that don’t generate sales, and boost ads that do.
You can identify a successful ad as opposed to an unsuccessful one for about five smackers. You don’t need the ad budget of Procter & Gamble.
Does this take practice? Yes, as everything does. But much of it, including the all-important analytics that tell you how to tweak your efforts, can now be automated if you have the right tools.
And while you’re practicing, you’re learning a skill that will serve you well in literally any venture you pursue online in the future, should you ever choose to do something else.
Our presentation comes down tomorrow night. It is worth your time.
Eli Whitney, eat your heart out:
Tom Woods