Hi everyone,
If you didn't get the email that Agloco recently sent to the membership it basically said they are throwing in the towel... in other words, they don't want to invest into the concept any longer and are probably going to fold up shop. For my foreign friends reading this, that means Agloco has admitted they are most likely quitting.
I can't say I blame them. If you aren't making enough money to pay the bills you have to do something differently. They have no experience with marketing so they really only had one shot and it looks like they missed... that is no reason to be upset with them or yourself if you believed in it. It's called business and if you haven't been a part of failure than you are a long way from success. So chalk this one up on the board as a failure and realize it just puts you one step closer to the big win.
(Below I will give you an extremely valuable suggestion about what you can do next to gaurantee your success... which means to stop promoting programs until you do one very important thing first... I explain below).
But first, here are my final thoughts on Agloco...
My personal opinion is that Agloco failed because they didn't know enough about Internet marketing. They had vision and some youthful energy with good educations, but they didn't know how to monetize a web site or community.
It would have been easy and inexpensive to create a social networking platform and generate cash flow. It also would have been extremely easy to attempt to monetize their Agloco site as well.
They also could have monetized their email list---which was over a million... by providing value and in exchange selling various information products. They could have made some good money by following common sense monetization strategy, but they did not have that experience.
Their mistake is common--it's called tunnel vision. They wanted a view bar. They envisioned a business model with monetizing a view bar. So that's all they did. And since that clearly requires a lot more resources to develop, they could have only saved themselves by creating income from new sources from the community they established, which they just didn't know how to do.
So there we have it. Agloco is most likely dead. Let's get over it... now what?
I do not believe that business stands still. Just because a good idea doesn't work the way you want it to... that is certainly no reason to quit on your dreams. People are doing extremely well financially with the Internet (I can include myself in that group, and I personally know dozens of people who have created anywhere between a six figure income on up to tens of millions (yes, really). Maybe all you want is a couple hundred or perhaps a few thousand per month... I don't know. What I do know is that you can do it much more easily than you think.
It's easier than learning how to play the guitar--I can promise you that. But it's probably going to require more work than most people are willing to put in (in fact, I can say for sure that most people are not cut out for anything more than a job). Only you can decide if you're willing to stick at it. If you are, I would be happy to guide you along the way with tips and tools... some of them completley free.
