When we first come online with the intent to earn money, we are pumped up, we have many illusions and we expect to see immediate gains for our efforts. Many advertisements emphasize exactly what you want to hear, even if it has little to do with reality. Nobody or very few will tell you of the risks, the commitment and focus, the volume of work or the expertise you need to gain to be successful.
Let’s get through three basic misconceptions and mistakes beginners are likely to have or do:
- Fast, but free.
- Success, but No Growth.
- More Money, but No Risks.
One of the first illusions new people come with online — and many advertisements feed on this illusion — is that of fast profits. If in some cases and with certain risks fast profits can be obtained, absolutely nowhere is this possible without money.
If you don’t have any money to start with, expect your journey to be long, sometimes very long! And there’s no guarantee you’ll be profitable in the end.
My endeavors during the first four years of earning money online were spent mostly as a free member (and owner), and without any plan other than to cash out as soon as I hit the minimum. Looking retrospectively, I look at those years mostly as wasted years from so many points of view.
If at least I had a plan to become a paid member in programs offering services as important today as they were then (like an autoresponder to build my list), that would have given me a four years head start.
So, if you want results fast, make sure you have money and lots of it. If you don’t have money, don’t expect fast results, and have a plan to grow on the long-term.
You are new, pumped up and ready to be successful. You join some sites alongside other new, pumped up and ready to be successful members. You do your part, every day, like clockwork.
Time goes by, nothing significant happens. Some become disappointed, but continue — not all, others give up. Every once in a while a ray of hope shines and the disappointed get their spirit back. And the cycle goes on.
But wait! Where’s the growth part? Oh right… From time to time the group discovers someone evades to a different group. He or she has stepped up in online business, has grown and now success is nearer. For the one who stepped-up, the rest are still struggling.
The morale is this: don’t expect to be successful if you are not willing to change, to grow.
I like this quote from Jim Rohn: “Success is not to be pursued; it is to be attracted by the person we become”.
We all want more money, don’t we? Now, assuming you make X dollars per day or Y dollars per year, you can certainly make more. X+10 dollars per day or Yx2 dollars per year is more.
The are two ways to achieve this goal:
(a) putting in longer hours to do the same things you are currently doing
(b) making a positive change
The downside of (a) is you will eventually run out of hours in a day, you’ll become a living robot and you won’t progress at all past your initial stage. The upside is you get to feel comfortable.
The downside of (b) is a change is uncomfortable, sometimes risky because you venture into the unknown. The upside is you will grow as a person and / or as a business and that eventually attracts success, said Mr. Rohn, and I believe him because it has been tested many times in the past.
Next week I’ll share two more personal stories to go along with this blog post.