Sunday, November 2, 2008

3 Major Facts About Making Money Online

3 Major Facts About Making Money Online
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With all the economic problems, bailouts, job losses and rising costs of living, more and more people are seeking ways to supplement their income, and of course, the Internet is the place they are all rushing to. Unfortunately though, many end up losing money and find themselves in more debt. This article is going to show you three major facts you need to know about making money online.

I am fortunate enough to have a really successful online business, but it wasn't always like that. For the first few years I spent a lot of my money trying out things in the hope I would succeed. When I discovered the 3 major facts about making money online, everything changed for me and my business finally started to make a profit, and today I am now making a great income full time and get to enjoy all the freedom that comes with working from home.

So, what are the 3 major facts about making money online?

1. You must find a mentor. Not having a mentor is like trying to drive a car without a steering wheel. You will never get it to go in the direction you want. The truth is, the fastest way to succeed in anything in life is to learn from someone who has already succeeded. I still see 90% of new people though who think they can do it all themselves without any help, until they get to a point where they run out of ideas and of course money.

Search out and find the right mentor for you in your business. If they are not willing to show, train and support you, then they are not a real mentor.

2. You must have focus. Focus is one of the most important things to succeed in life. Without focus you will not succeed at anything. This is a major problem for many people trying to make money online. The Internet is full of money making opportunities and too many people get distracted and think the grass is greener on the other side of the fence. Well, the simple truth is, it is not!

As Anthony Robbins once said, "One reason so few of us achieve what we truly want is that we never direct our focus; we never concentrate our power. Most people dabble their way through life, never deciding to master anything in particular."

Imagine what the world would be like now if people like Alexander Graham Bell, Bill Gates, Thomas Edison and Henry Ford didn't have focus. Without these people and their focus on their goals, we would not have telephones, computers, electricity or the automobile!

Staying focused on your business is vital and never forget that.

3. Taking action, not just action but MASSIVE action. Once again, I see too many people start their business and before they do anything, they spend too much time organizing themselves, getting their desk straight, writing down things to do etc etc. All of that stuff can be done later. If you start a business the most important thing is to get customers, buyers or members and you need to do is fast.

If you have a good mentor, they will tell you what you need to do first, and then just do it. Don't sit there waiting for products to arrive in the post. Use the enthusiasm you have at the beginning to your advantage and take massive action.

Whatever business you decide to do, recovering your outlay and costs as quick as you can is critical in your journey toward succeed. So, if you have your own business find out what you need to do and then just do it.

Providing you have the right mentor, keep your focus and take constant massive action, there is absolutely no reason why you should fail. In fact, I would go so far as to say it will be impossible for you to fail, providing you have the right mentor who has themselves achieved the type of success you want are searching for.

Gary J Kidd has a very successful online business. He concentrates most of his time in mentoring other people and has helped thousands of people achieve success online. Visit his website now and get access to FOUR money making videos for free!

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1 comment:

David Hurley said...

I agree with everything you say here. I too was floundering until I found myself some mentors who taught me to focus.

Massive action promoting your business - absolutely! You might know a book by Michael Masterson called "Ready, Fire, Aim", which gets the priorities right.

One more thing newbies need to do is think about setting a budget and sticking to it until they are making enough to reinvest in the business.

Best wishes,

David Hurley