Last week, I got the chance to interview fellow internet marketer, Rhys Davies. I asked him couple of questions about internet marketing as well as exactly how he generated $148,000 in NET profit (that’s right – not including costs) in the year 2008. Not bad for a 17 year old.

This is probably one of the most in-depth email interviews I’ve ever conducted (or received!) where Rhys reveals some brilliant golden nuggets. Also, be sure to check out his upcoming product Mafioso Marketing 2.

Enjoy

——-

How did you first get involved with Internet marketing?

I absolutely hate it when people ask this question to me. Most Internet marketers have this amazing, fascinating story of how they first got involved with Internet marketing, and mine is quite a bit different. My story is quite embarrassing. Now, I first started Internet marketing when I was around 12 or 13, and I was just an average, teenage boy on the Internet that loved Myspace.com. You all remember those days, right? Ha-ha. Now, on MySpace, you used to be able to put images on there, on your page. You used to put videos, widgets, and all that type of stuff. One day I was searching on Google for some images to put on my MySpace page.

Now, don’t ask how, but somehow, in those search-engine results, I came across the Marketplace at Sitepoint.com, and on there was someone selling a site that gave away these MySpace images. This site was making one or two dollars a day, something like that, and it was for sale for 50 bucks. I can remember saving up my pocket money at the time to purchase the site, and I did. And I’ll tell you now; I thought I was going to be a billionaire in the next year. I was sitting there with my one or two dollars a day, absolutely loving it. I could go down to the shop and afford any packet of sweets I wanted. You know those times where you look back in your life and think, what was I thinking!?… that is one of those moments.

Now, over a period of time, I obviously had to learn how to make more money from my site. The reality of becoming a millionare from that site, was thrown out the window. I couldn’t live on one or two dollars a day, unfortunately. I was searching around and came across the Warrior Forum. And this place was, really, one of the main turning points in my Internet-marketing career, so to speak. This is where I learned a lot of the stuff I know now, where I met a lot of really, really good Internet marketers, and it’s kind of grown from there. I’ve learned tons different methods over the years, failed a lot, and gained a lot as well. And now I am where I am now, owning a big Internet-marketing business at the age of 17.

How were you able to grow your business into a six-figure empire in such a short period of time?

To be honest, the reason why I would say I was able to grow my business so fast in a short period of time, was for the simple fact that I was able to set goals. Now, I know nearly every person in Internet marketing and other niches set goals. But the problem is that people set goals that are really, really high. For example, they might say “I want to own a million-dollar house”. Now, having goals like this is vital and really important, but the only problem when you have goals this big, is that it takes so long to achieve them.

When you’re going for weeks and months on end without achieving anything because you’ve only got that one main goal, you really get let down by yourself. You think that you are doing something wrong. You feel like you are getting nowhere. It stresses you out. These are problems that you don’t need in a business.

Not many people realize, but these stresses majorly affect your work. Because when you are stressed, your brain can’t be in full throttle. It affects your abilities to write or record videos properly etc. So what you need to do is set small, achievable goals that slowly get bigger, to get to your main goal. So for example, my main goal might be to purchase a massive house. But first, my smaller goal is to say, own a nice but cheap little car, then I want to own a $50,000 car, then I want to go and upgrade to an even more expensive car. All before I reach my main goal.

What happens then, is these goals slowly happen, so you are like, yes, this works, I am able to achieve my goals; therefore I am going to really stick into this. I am going to really try my hardest and I am really going to try and succeed in Internet marketing.

Apart from building a business correctly, the mindset is something that is vital to growing your business. It DOES affect your work.

What are your main revenue streams?

My main revenue streams change all the time, due to the fact easier/faster ways of making money come out all the time. At the moment though, my main revenue streams are membership sites and building sites to sell in the future. Now, first, I just want to talk about membership sites. They seem to have kind of a bad name about them: that they’re going to take a lot of work, you’ve got to keep on thinking of new content, and you’ve got tons and tons of support to answer. And the fact is that it’s not like that at all. Memberships are really; really easy to do once you know how to do them correctly. And I do actually go about talking how I do this in Mafioso Marketing 2.

Personally, I have some membership sites that make me $1,000‑$2,000 a month, which I don’t touch. I don’t do anything with them. The work is all done for me. I get all the support tasks done for me and all the content delivered for me, and I don’t touch it all. Just think, if you have a membership site which is making $2,000 a month, that’s $24,000 a year. Requiring no work, its something that I recommended everyone do.

The other way that I’m making money, like I said, is from building websites to sell in the future. These sites don’t necessarily have to be in Internet Marketing either. I actually sold one of my sites for around $30,000 that I’ve been working on for the last 6 months. All the site did was deliver people “funny videos” every day. It was a fun website to build, for obvious reasons.

Again, I do talk about how I do this in Mafioso Marketing 2.

What is Mafioso Marketing 2?

Mafioso Marketing 2 revolves around the famous “MIF” formula, which stands for Monthly, Instant, and Future. There are tons and tons of products online that teach you to make money. The only problem with this is that not every product is suitable for everyone. That’s a simple fact.

You might purchase a product for $67, you scroll down to the third page, and you’ve got to invest another $1,000 before it’s even worthwhile. That’s $67 down the bin. You go on and buy another product for $97, and then you find out to do this one you’ve got to have 10 hours of work put into it every single day for the next two years. Again, that’s $97 down the bin. And all these $67 and $97, and maybe $1,000 or $2,000, they all add up and slowly but surely you are going to run out of money and not have a business.

So what I wanted to do is create a product where, if one method didn’t work for you, you could just scroll down the eBook and find a completely new method of making money online. And that’s what I did with Mafioso Marketing 2, using the “MIF” formula: Monthly, Instant, Future. In Mafioso Marketing 2, I explain a number of different ways to make money in a monthly income-way, instant‑income way, and a future‑income way.

Mafioso Marketing 2 is really one of the products that is going to really, really help you this year in making an online business, because you’re only paying a one‑time payment to get numerous different methods. And also, in the download page area, I do actually offer a number of numerous bonuses that are also going to make you a ton more money as well.

What is the best way to go about making “instant” profit online?

This is most probably THE most asked question that I get, because a lot of people are just starting out in Internet marketing, they haven’t got hundreds and thousands of dollars to spend, and they just want a nice, quick way to make instant profit online. Now, when people ask me this, I don’t tell them a method on how to actually make instant profit. What I tell them to do is to go and build an email list, because building an email list is most probably your most valuable asset that you’ll ever have in your online business.

With a mailing list, you can literally make instant profit on demand when you want it. And not only can you make instant profit; you could also make instant monthly profit. Because, with a mailing list, you could promote a membership site, of your own or as an affiliate, and then, instantly, you’re going to start getting membership commissions. And this is just killer. Sometimes I can promote a membership site and get like 40 people to sign up to a membership site, and that pays me, say, $47, for three, four months.

So, to be honest, I wouldn’t necessarily say that you should go around, first off, looking for an instant profit method to making money online. What you should first do is go around looking for ways to build a mailing list so that you can make instant profit on demand or monthly profit on demand.

Now, I’m not going to just leave that question there and say, “Build a mailing list.” I am actually going to tell you one of my favorite ways to build a mailing list. Now, personally, I know of hundreds of different ways that you can build a mailing list. You can do PPC, you can do ad swaps, etc. But the one that I recommend is doing giveaways, because they are ultimately the best way, when you’re starting out, to build a mailing list. You don’t have to pay for them. All you have to do is have a product of some sort, or a service.

To keep updated on when these giveaway sites are running, do a quick search on Google.

What advice do you have for other young entrepreneurs out there looking to start their own business?

Being young and being in business is kind of different to being older and being in business. When you’re younger, some people do seem to look down on you. They kind of think that you’re doing something that you shouldn’t be doing, especially when you talk to friends and family about it.

They’re like, “Hmm. Are you sure you’re not selling something you shouldn’t be?”

My advice would be to just do what you’re best at, and carry on doing it no matter what anyone else says. Don’t let anyone else’s opinions or what they say get in your way. When somebody says something nasty or someone comments about how young you are and say “Are you sure you’re not doing something wrong?” just tell them to go away, in a nice way. Just say, “I’m running a business here. If you don’t believe me, that’s up to you.” Just be strict but firm with them, OK? Obviously, don’t swear at them and tell them all the names under the sun, but just don’t let them get in your way.

Also, you need to remember that you are trying to build a business. You’re not in it just for the money. Because I know a lot of people can go and just focus on the money first thing, and then, once they’ve got all the money, they’re stuck, they’ve got nowhere to go, because they haven’t got a business. Make sure that you build a business first, because once you’ve got the business foundation there, tons more money is going to come from that.

Thanks for the interview Rhys. Any final comments?

Keep up all the good work. I’ve been hearing a lot of good stuff about all the people out there doing and starting their online business. Like I said in the last question, just don’t let anyone stand in your way. Do what you’re best at and keep at it.

If you’re interested in purchasing my Mafioso Marketing 2 product, then you can go to the website below.

—> Click Here To Go To Mafioso Marketing 2