Wednesday, September 4, 2013

Fwd: why 90% fail and how to break the odds




-------- Original Message --------
Subject: why 90% fail and how to break the odds
Date: Wed, 4 Sep 2013 19:28:41 -0400
From: Welly Mulia <wellymulia@gmail.com>
To: Steve <stevescott@techacq.com>


90+% who try to earn money online fail miserably.

There are 5 mistakes that they commit which result in their failure:

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Mistake #1 - They want instant results
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Most people want instant results. They read some Internet Marketing ebooks or video tutorials today and they expect to be making money tomorrow. They treat these ebooks or video tutorials or home study courses like some kind of magic pills.

When they don't see instant (or fast) results, they whine and say "I've tried everything, but all of them don't work!"


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Mistake #2 - They are very lazy and they don't want to work hard
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Typically, people are lazy. It's fine if they're just lazy and they don't expect any results.

But when you are lazy AND you expect to be earning lots of money online, then something must be really wrong with you.

There are no easy money, both online and offline, to be made. If it were easy, everyone would be rich.

As I've said before... there is no free lunch, my friend. If you want to earn big money online, then you must work hard and work smart consistently. You must be willing to pay the price.

I paid my dues by sacrificing my TV time, my hangout time with friends, my sleep time, etc.

Have you paid your dues?


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Mistake #3 - They give up too easily
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When these people fail to get any or little result, they simply give up.

They complain (yet again) "I've done everything, why is this not working for me?"

To be successful in anything, not just making money online, failure is a process one must experience. There is no one who is really successful at what he or she does who hasn't had any failures in the past.

Failure is a process one must overcome. Unfortunately, most people do not realize this and they simply give up when their efforts are not yet yielding any results.

Think for a second: when you were a little kid trying to learn to ride a bicycle, did you miraculously manage to ride it successfully without falling off the bicycle at all, or did it take you some cuts and bruises on your hands and knees before you eventually learn how to ride?


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Mistake #4 - They don't know where to start
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Most people don't have a clue where to start. They suffer from "information overload".

What is information overload?

Information overload simply means that the amount of information you receive on a subject is way too much, so much so that you eventually don't know where to start and in the end you don't do anything at all about the information you've absorbed.

This leads to action paralysis = NO ACTION = NO RESULTS!


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Mistake #5 - They try their hands at everything
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Today they'll read an ebook about making money through Adsense, and then they'll start implementing a few of the strategies covered in the ebook.

A few days later, they stumble upon this site about Forex trading, and they start doing some forex transactions.

Then a few weeks later, someone offers them a video course about marketing on Facebook and they'll try to implement the tactics in the course.

The point is: they'll try their hands at something new, without going deep on the things they've already learned before. Eventually they end up nowhere with a little bit of knowledge here and there.


Now that we've taken a look at the 5 reasons why most people fail to make money online, it's time for 3 tips on how you can reduce your failure rate:

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Tip #1 - You must work hard and smart
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Understand that to achieve REAL, TANGIBLE results, you need to put in conscientious effort, time, and dedication. There are no such things as overnight success.


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Tip #2 - Do not give up easily
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Do not give up easily. Strengthen your mentality. Realize that to achieve success, failures are inevitable. If you fail, you get up and try again. If you fail again, try again.

As the saying goes, "there are no failures, only feedback". Each failure is one step closer to your goal.


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Tip #3 - Focus on 20% of the work that leads to 80% of the results
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Do you know that not all techniques and methods of making money online carry the same weight? What I mean is that there are some techniques and methods of making money online that are more important than others.

Have you ever heard of the 80/20 rule: the Pareto Principle? This is how Wikipedia defines it:

"The Pareto principle (also known as the 80-20 rule, the law of the vital few and the principle of factor sparsity) states that, for many events, 80% of the effects come from 20% of the causes."

This simply means that 20% of our work determines 80% of our outcome. Conversely, the reverse is also true, which is 80% of our work determines 20% of our outcome.

Your task is to identify the 20% work which will determine 80% of the outcome.

For example, if you're just get started, it would be silly to seek out big name joint venture (JV) partners and ask them to collaborate with you. You're still a nobody, and they are already somebody. 99.99% of the time your proposal will be rejected.

Try putting yourself in their shoes: what would you do if you're a well-known expert in your industry and a newbie seeks to collaborate with you?

Identify the techniques and tactics that you do NOT need right now. Once you've identified these techniques, be sure NOT to spend time learning them. Your time would be better spent on learning the things that matter most to you right now.

Once you've identified which tasks you need to do right now, use time management software to help you organize and manage your tasks for optimum productivity. Our software, My Action Generator, can help you do this:

http://myactiongenerator.com

Recently I've also documented a list of 22 helpful business tools. It only takes 5 minutes of your reading time, but just discovering one or two of these tools could potentially save you precious time, effort, and money:

http://welly-mulia.com/business-tools

My very best,
Welly Mulia
CEO Get Profits Fast, a subsidiary of XooGuu, LLC
- When You Absolutely Want Online Marketing Software That's Easy To Use -

About Us -- http://www.getprofitsfast.com/about-us
Marketing Solutions -- http://www.getprofitsfast.com/products/portfolio

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Easy-To-Use Marketing Solutions
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Thousands of satisfied customers have used our software to save themselves time, money, and effort:
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22 Useful Tools (free and paid)
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http://welly-mulia.com/business-tools

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