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What Is Stopping You From Making Money Online?

Discussion in 'General Business' started by wwhuang, Dec 31, 2012.

  1. #1
    Hi everyone, just thought of sharing what's in my mind about what lots of people are encountering.

    I'd like to start with the negatives. It's not because I'm not confident about you building a successful online business and try to scare you away. Instead, I just want to remind you what MINDSET you should AVOID in order to make your online business work starting day one.


    Many people want to make money online, but unfortunately, take very little action. They dream about how better off they would be if they had their boss's salary.

    Yet, the real truth is, that you can, in fact, be better positioned to make more money than your boss - at least significantly more than you realize.

    Let's take for example, the average high level manager which may be your boss. He or she earns about $200,000 a year, with benefits. He or she may also stand to lose that income in the event of layoffs or illness in one shot. Although his or her income earning potential is high, it only comes from one source - this is a vulnerability.

    Now, compare that with a middle level manager earning $50,000 a year. This middle manager, however, rents out properties in the city for another $100,000 and reaps dividends from stocks and bonds for another $20,000 a year. In the event of illness, death or mass layoffs, half of his earning potential is still secure.

    The source of the latter's income is also easily passed on to future generations, securing wealth for the middle level manager's family. In addition, he may have other sources of income as well.

    Do not wait for business opportunities to arrive at your doorstep, you need to go out and create them. Entrepreneurs look at an empty lot and see possibility and a method for them to make more money. Those with a poor mindset simply see an empty lot. It is always about keeping the right perspective and having an "eye" for generating value. The rich look at garbage and see a garbage hauling business, a rust-cleaning service, a recycling center. Those with a poor mindset see only the discarded tires, the dirt
    and the weeds.

    Another great secret is to never care where you money comes from. Many people balk at investing in businesses that are not "sexy" perhaps because they do not want to tell people at parties that they got rich off sewage.

    The bottom line here is that wealthy people continue to look at ways to increase their wealth by generating value. Many of them have utilized technology to increase and compound their ability to generate value. The internet is a great example of this. If you have any type of online internet business, you can make money while you are sleeping or when you are at your salaried 9-5 position.

    Among the countless products to sell online, you may be able to make with informational products. Informational products like e-books, for example, are great because you can resell them over
    and over again and keep all the profits.

    There is a lot to learn, but it's not rocket science. Nobody is born making many online, they all have to start somewhere.

    Good luck and happy new year!

    Kevin
     
    wwhuang, Dec 31, 2012 IP
  2. abraham21

    abraham21 Greenhorn

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    #2
    This the great share for the new business man..the mindset must be change not only seeking from the money from their boss but we have to seek by our self, because we can get bigger than the boss..thanks info
     
    abraham21, Jan 2, 2013 IP
  3. Adsystems

    Adsystems Greenhorn

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    #3
    Yup really nice post i will look forward to it ,thanks for the post .
     
    Adsystems, Jan 3, 2013 IP
  4. norman grey

    norman grey Greenhorn

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    #4
    That's very inspiring. Everybody needs to read that article especially now that it's just the start of a new year. It's good to get into online business because you'll need less capital compared to the traditional way of doing business.
     
    norman grey, Jan 3, 2013 IP
  5. InSiteFull

    InSiteFull Peon

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    #5
    It's been said before and it'll be said again...TAKE ACTION people! Once you step over that hurdle, it's just filling in the blanks until the money starts rolling in! Action, action, we want action!!
     
    InSiteFull, Jan 4, 2013 IP
  6. GrapX2

    GrapX2 Member

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    #6
    I agree with you. ACTION is the key. Remember when the Secret came out and they talked about the Law of Attraction, and everyone was thinking if they just thought of making lots of money then it would come to them. Turns out nothing really happened. They used the Law of ACTION to get what they wanted. The LAW OF ACTION is perhaps more important than just the law of attraction. ACTION will get you what you want. Trust me it works! LAW OF ACTION!
     
    GrapX2, Jan 4, 2013 IP
  7. aditd

    aditd Well-Known Member

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    #7
    Usually you are stopping yourself from making money. If you jump this step ... then get to action.
     
    aditd, Jan 10, 2013 IP