Today I read a blog post from 'I am Mcfluffy' called Why everyone is making millions of gold but you.... This is probably the most well written and in depth blog post of it's kind, and you should really give it a read.
Seriously, read it now.
Now if you are someone who is in the position of those who are written about in that article, I have an idea of how to get past it, and start making some serious gold.
If you want to seriously start making gold, set small goals, and set them often. Start out with maybe 5k. Don't spend the 5k once you have it though, your overall goal should be to have a much larger wealth of gold. From there aim for 10k, or 5k plus 'Maxed Alchemy or JC'. From there keep building. Don't have a goal of "Buying 310% flying" (unless you're a farmer wanting to be more productive). Setting such goals will not make you the most possible in the long run. To make the most gold, you're going to need to spend your gold on raw mats to craft, or items to resell.
We don't all need 1 million gold. Hell, I don't even know why I'm sitting on a mill right now, I have nothing to spend that much on! For me the fun is in making the gold, and the more the better. Set a realistic overall goal for you. Maybe 100k, even 50k. Make this goal an "At all times goal" once you hit it. Once you get it, don't go below it. Continue making gold, and always have at least your minmum on hand. Your minimum can be the cost of raiding flasks for the month or 150k because you feel like it. Whatever you want it to be, choose what's best for you.
Don't expect to make this much gold overnight. Expecting to make 100k in one week is preposterous. Are there people who can? Yes. Can most? No. Planning out your day (Purchasing, Crafting, Listing) is important because how you manage your time directly relates to your gold making. If you only have around an hour on any given day to dedicate to gold making, you have to optimize your time. Learning to use addons like TradeSkillMaster to do this is a great use of your time, and are a gold maker's best friend.
Choose Gold Making Strategies That Work For You.
When choosing a gold making strategy, of course there are some that make more gold than others. During expansion releases, farming is probably the best way to make gold for the first few weeks. But if you don't like to farm, don't get those types of professions. If you don't like crafting 100's of glyphs, don't waste your time leveling inscription. There are a lot of resources out there for gold making, read up and figure out what method is best for you. There's no right answer, as long as you're doing something that's making gold and not losing it! If you choose something that you ENJOY, you will be much more likely to stick with it, and not get bored of it over time.
Try New Things
There are lulls in every expansion, especially during the end of patches, but don't let that get you discouraged. Can you get good at PvP by sitting in Trade Chat and reading PvP guides all day? No. You can't get really good unless you get out there and use them for yourself. The best way to learn how to make gold is through experience. Reading all the gold blogs in the world won't make you a single copper. You have to try some of the methods for yourself, and see if it's something you want to do, or something that works on your server. Always keep up with your gold making, and always try new ways of making gold. I hope this helps some people out, and more so I hope that if you're interested in gold making at all that you read that article. It's a really great read.
If you like my blog posts follow me on twitter @PhatLewtsGold!
Okay. You can probably call it a comeback in this case. I've been gone a long time. So if you follow my Twitter you'll know I recent...
Yes, that long awaited moment is here! I'm officially releasing my new (and improved) TSM shopping lists for transmog gear. You can find...
If you want up to date price sources without tedious manual scans of the AH, the TSM App is the go to for complete data. The app pulls avera...
This guide is going to be extensive so buckle up. Macros are a great way to make your gold making more efficient, and this is going to be a ...